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Winners of Hong Kong Business Awards 2003, co-organized by DHL International (Hong Kong) Limited and South China Morning Post, were announced Thursday.

Four individual winners of the Business Awards include, David Eldon, chairman of the Hong Kong and Shanghai Banking Corporation Limited, got the Business Person of the Year 2003 award; David Turnbull, chief executive of Cathay Pacific Airways Limited, was named as the winner of the Executive Award; Raymond Tan, executive vice president of Luen Thai International Group Ltd, won the Owner- Operator Award; and Richard Tsang, managing director of the Strategic Financial Relations Limited, won the Young Entrepreneur Award.

Cathay Pacific Airways Limited clinched the International Award and Octopus Cards Limited took the Enterprise Award.

According to the organizer of the Business Award, all winners are a disparate group of professionals across a range of industries and what they have in common is the achievement of excellence and above all a commitment to the bottom line.

H K Chang, chairman of the Judging Panel of the Award and president of the City University of Hong Kong, said that despite the economic malaise and the dramatic impact of SARS, Hong Kong still remains a nurturing ground for great talent and many businesses continue to put in outstanding performances.

He added that with greater synergies being developed with the Chinese mainland, the business outlook is beginning to brighten.

The Hong Kong Business Awards were established in 1990, aims to acknowledge publicly the vital contributions made by individuals and by companies in maintaining and expanding the economic viability and international stature of Hong Kong.



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