Business Confidence Seals a Year of Growth

U.S. companies have given a strong vote of confidence to Hong Kong's business outlook, culminating another year of vibrant economic performance.

The annual American Chamber of Commerce in Hong Kong (AmCham) Business Outlook Survey, released in December 2007, revealed that many member companies are preparing for growth and further investments in Hong Kong.

The positive sentiment is largely credited to Hong Kong's ability to offer a business-friendly environment and remain competitive within the region.

The survey, conducted by Nielsen on behalf of AmCham, was held for the 18th consecutive year.

With positive outlooks for the economy and the business environment in Hong Kong over the next three years, most respondents felt that their annual business forecasts would improve.

Given the positive prospects, a number of companies reported plans to expand their businesses and hire additional staff.  Those companies with regional headquarters in Hong Kong also plan to expand their presence.

AmCham: http://www.amcham.org.hk/

AmCham Business Outlook Survey: http://www.amcham.org.hk/content/view/5216/190/

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