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Tutorial 2

Fam Li MeiLidwina

Suzanne

Marcellinus

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SINGAPORE VS HONG KONG

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INTRODUCTION

HONG KONG is a city-state situated on China's

south coast and enclosed by the Pearl River

Delta and South China Sea.

Singapore is a Southeast Asian city-state off

the southern tip of the Malay Peninsula, 137

kilometres (85 mi) north of the equator.

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Compare the cultures between the

Hong Kong and Singapore

Languages

- For Singapore there are four nationallanguages: Mandarin, Malay, Tamil and

English but for business and politics, Englishis the language of choice.

- For Hong Kong the English and Chinese are

Hong Kong's two official languages but theEnglish is the languages of business

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Attitudes and beliefs

- for Singapore is Meritocracy, Social and

religious harmony, and Democracy, peace,

progress, justice and equality.

- for Hong Kong is Chinese folk religion, bagua

and the number in Chinese culture

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Ethnic groups

-Singapore has several distinct ethnic

neighborhoods, including Little

India, Chinatown and Kampong Glam.

- Hong Kong has ethnic Chinese people

naturally lean toward substantial communities

of Hakka, Fukien,

Teochew and Shanghainese people

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Cuisine

- the famous foods in Hong Kong are dim sum,

da been lo and fast food.

- the famous foods in Singapore are traditional

foods from Malay, Chinese and Tamil.

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The costs of doing business in each

country

Perception of the customer

- The perception of customer in Hong Kong is

slightly different with Singapore:

a)The way they perceive the value and the

price of product are different

b) convenience products for customer in bothcountry are different

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Labor costs

- minimum wage in Hong Kong (apart from the

Minimum Allowable Wage (MAW) for foreign

domestic helpers (FDHs), which is currently

set at HKD3,580 per month)

- minimum wage in Singapore for foreign labors

are SGD 1,000 above.

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Technologies- technology in Singapore modern than before

where the technology is important for all

industries in Singapore.- Technology in Hong Kong and Singapore are

slightly the same but the price in both

country are different.

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Future Economic Development

Based on the GDP of a country

- Thenominal per capita gross domestic

product (GDP) refers to the value of goods

and services produced per person in acountry

- The GDP for Hong Kong is $307.6 billion

but for Singapore is $240 billion

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Based on the economic system of a country

-the both country are capitalism but slightly

different. Because the Singapore are more to

the Socialism.

- The government in Hong Kong is not

control fully on the business activity like

price setting but in Singapore most are

based on the government decision.

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Based on the economic planning from yearto year

- Economic planning are based on the GDP

of the country so that the different countryhas different GDP will effect the economic

planning in one country.

Based on the interest rate from year to year

- because of the interest rate in one country

are different based on the currency of one

country.

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Business Practices

SINGAPORE

As each ethnic group has a different way of

using names, it is advisable to ask a

Singaporean what he/she would like to be

called. When meeting a person for the first

time, it is wise to use the appropriate title and

last name until told differently.

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A light handshake is the common form of

greeting in business situations.

Normal business attire consists of dark

trousers, long-sleeved shirts and ties for men,

and blouses, skirts or trousers for women. Due

to the hot and humid weather, jackets are notusually required. Although Singapore is a

liberal country, women should make sure they

do not wear clothes that are too revealing.

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In business discussions, Singaporeans tend to

be calm and composed and do not openly

show their emotions. Speaking too loudly is

considered rude.

Negotiations are often conducted at a slow

pace and Singaporeans are likely to bargainhard.

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HONG KONG

The standard dress code is business suits for men

and suits with trousers or a skirt for women. Boththe traditional Chinese bow and the Westernhandshake are common greetings.

When greeting a group of people, the mostsenior person should be greeted first. People aregenerally addressed with their title and lastname.

Often Hong Kong businesspeople adopt anEnglish first name or nickname to make it easierfor foreigners to remember and pronounce.

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Negotiations are often long and tedious as

every detail is examined and analyzed

carefully. Foreigners should make an effort to

be calm as aggression and impatience is

unacceptable in Hong Kong business culture

and will cause you to lose face.

In decision-making, group consensus is the

norm, but with the top of the company having

the last say.

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Conclusion

Both country practice different culture thats

why we should use different business strategy.

By identify the differences, we can know

which business can we introduce and makethe business can be accepted by the local.

Since each country have their own culture and

customs, we should respect them as well wecan get the stable place there since ourbusiness being accepted by them.