Hong Kong Consultancy Tenders and Bids

Get access to latest Hong Kong consultancy tenders and bids. Find business opportunities and government contracts for Hong Kong consultancy tenders, global Hong Kong consultancy tenders, Hong Kong management consultancy tenders, Hong Kong consultancy services tenders, Hong Kong consultant tenders, advisory services tenders, Hong Kong public consultancy tenders, commercial consultancy tenders. Find Hong Kong consultancy tenders, bids, procurement, RFPs, RFQs, ICBs and detailed analysis. The economy of Hong Kong is a highly developed free-market economy. It is characterised by low taxation, almost free port trade and a well-established international financial market. Its currency, called the Hong Kong dollar, is legally issued by three major international commercial banks, and is pegged to the US dollar. Interest rates are determined by the individual banks in Hong Kong to ensure that they are market driven. There is no officially recognised central banking system, although the Hong Kong Monetary Authority functions as a financial regulatory authority. Its economy is governed under positive non-interventionism, and is highly dependent on international trade and finance. For this reason it is regarded as among the most favorable places to start a company. In fact, a recent study shows that Hong Kong has come from 998 registered start-ups in 2014 to over 2800 in 2018, with eCommerce (22%), Fintech (12%), Software (12%) and Advertising (11%) companies comprising the majority. The Economic Freedom of the World Index listed Hong Kong as the number one country, with a score of 8.97, in 2015. A consulting firm or simply consultancy is a professional service firm that provides expert advice for a fee. Consulting firms may have one employee or thousands; they may consult in a broad range of domains, for example, management, engineering, and so on. Management consultants, in particular, typically work with company executives and provide them with generalists and industry-specific specialists, known as subject-matter experts, usually trained in management or in business schools. The deliverable of a management consultant is usually recommendations for achieving a company objective, leading to a company project. Many consulting firms complement the recommendations with implementation support, either by the consultants or by technicians and other experts. This is called outsourcing. Consulting services are part of the tertiary sector and account for several hundred billion dollars in annual revenues.