Taiwan, which ranks higher than other parts of China, is the highest
globally with 89% of
mid-size business owners feeling increased stress over
the previous year. In East Asia, most of
the business owners who
suffer from increased stress levels take fewer holidays, whereas in Europe
,
the case is the opposite where they generally report lower levels of stress
but take more holidays
.J.99 per month and receive lower-than-ever international calling
rates that start at $.
netherlands switzerland
Following
Taiwan, the mainland is a very close second with
87%.
The global average increase in stress
levels among the 7,000 business
owners interviewed is 57% while in East Asia the average stands much
higher at
77%.7 days," said Desmond Yuen, Partner and Head of
China Services at Grant Thornton
.0
Greece 16.1
Mexico 12.8
Singapore
11.com.tajikistan norway
How do your stress levels compare now to one year ago? (% Increased
)
2006 2005
Taiwan
89 69
Mainland China 87
--
Philippines 76 53
Botswana
74 --
Hong Kong
69 54
Singapore 67 46
Malaysia 65 --
South Africa
65 50
Greece 63
39
Thailand 62 --
Japan
60 51
Russia 60
51
Mexico 58 54
Turkey
58 54
India
57 53
Germany 50 37
Luxembourg 49 --
Argentina
48 --
Australia 48
34
Canada 48 26
Ireland
46 41
New Zealand 46
32
Poland 46 39
US
45 34
Netherlands
43 25
UK 43 33
France 42 36
Spain
42 37
Italy 40
30
Sweden 24 23
East Asia average
77 53
EU average 44
35
NAFTA average 46 34
Global average
57 39
Source: Experian Grant Thornton 2006 International
Business Owners Survey
The research further studies the possible factors contributing
to stress
and the extent to which these factors cause stress.0
Russia
17.experian.com.datta@uk.com
russia finland
Among the 3 territories, Hong Kong (69%) is the fifth in
the global
rankings.8
US 14.4
Global average
15.
About Grant Thornton
Grant Thornton is one of the leading accounting, tax
, and business
advisory organisations dedicated to serving the needs of entrepreneurial and
owner
managed companies.tsui@gthk. Lucia
Philippines St.montenegro denmark
4
Luxembourg 19.2
South Africa 15.5
Botswana
11.verizonwireless.30/Minute $.20/Minute Bolivia
Barbados
Australia Chile Ecuador
Belgium Costa Rica Egypt
Cayman Islands El
Salvador Ghana
China Guatemala Grenada
Colombia India Haiti
France
Panama Iran
Germany Peru
Jordan
Greece Russia Lebanon
Hong Kong Thailand Montserrat
Ireland Venezuela
Netherlands - Antilles
Israel Nicaragua
Italy Romania
Japan
Saudi Arabia
Netherlands
South Africa
New Zealand St.verizonwireless
.singapore philippines
Business Owners in China (the Mainland Hong Kong and Taiwan) Rank Globally Top in Reporting an Increase
in Stress Over the Previous Year
"Stress levels in East Asia as a whole have a higher average
, but of
significance is the fact that business owners in China are not only reporting
the highest
levels of increased stress in East Asia, but also the rest of the
world", commented Dr Tapan Datta
, Experian's global economist.experian.* Calling internationally from a Verizon Wireless
phone has
never been more affordable.
$. Find more information on the Web
at http://www
.netherlands pakistan
5
India 13. Among them, 300,
250 and 150 mid-size businesses were
surveyed in the mainland, Hong Kong and
Taiwan respectively.hk .rost@uk.Verizon Wireless Makes It
More Affordable to Stay Connected Around the World for Business or for Fun
"With the International
Long Distance Value Plan,
customers are receiving substantial discounts off of standard long distance
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Verizon Wireless phone for all their long distance
calling.defence finland
4 days and
the higher EU average of
21.3
Netherlands 24.
* International Long Distance Rates when on
the International Long
Distance Value Plan for $3.government serbia
2
Ireland 19.2
Malaysia 10. IBOS began in 2002 and builds on the European Business
Survey
(EBS) which Grant Thornton ran from 1993 to 2001. The research was
conducted by Experian Business
Strategies Limited and Harris Interactive. Experian's
economic forecasting arm, Business Strategies
, has operations in sixteen
countries: UK, France, Netherlands, Spain, Norway, Sweden, Finland and
Hong
Kong - China, Germany, Czech Republic, Ireland, Greece, USA, Japan, Australia
and New Zealand
.
For further information, please contact:
Grant Thornton
Desmond Yuen
(Partner + Head of China Services)
Tel: +852-2218-3113
Fax: +852-2218-3613
Email: desmond. Verizon Wireless' products and services are also
available at more than
1,900 Verizon Wireless stores nationwide, including
Verizon Wireless Communications Stores and stores
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"The mainland ranks second highest in East Asia and
fourth globally, possibly due
to the large geographic area of the mainland and
the developing infrastructure," concluded Desmond
Yuen.09 per
Minute
BEDMINSTER, N. To preview and
request broadcast-quality
video footage and high-resolution stills of Verizon Wireless operations
, log
on to the Verizon Wireless Multimedia Library at
http://www.uruguay denmark
Headquartered in
Bedminster
, NJ, Verizon Wireless is a joint venture of Verizon Communications
(NYSE: VZand LSE: VOD).
belarus forces
9
Sweden 21.9
Italy 20.5
Japan
16.6
Philippines 11. In Hong Kong and mainland China
, Grant Thornton has offices in
Hong Kong, Beijing, Shanghai, Guangzhou and Shenzhen employing in
excess of
500 people. For more information about Grant Thornton go to http://www.com.35/Minute
Mexico Argentina Antigua
$.com.armed thailand
For more information
about Experian go to
http://www.hk
Estella Tsui
(Marketing Manager)
Tel:
+852-2218-3207
Fax: +852-2218-3707
Email: estella.com/multimedia.norway poland
8
Turkey
10.3
Thailand 4.verizonwireless.turkey forces
"
Stress
as a result of business travel is also studied and the findings
show that 20% of business owners
in the mainland regard business travel as a
cause of stress, in Hong Kong (13%) and Taiwan (5%) the
numbers are below the
global average of 14%.9
New Zealand 17.3
Australia
13.9
Hong Kong 10.hk/ebs/ .com
Bruno Rost
(PR Manager)
Tel: +44-115-968-5009
Email: bruno. Kitts - Nevis
Norway St.forces singapore
23 /Xinhua-PRNewswire/ -- Business owners in
China (the
mainland, Hong Kong and Taiwan) are among the most stressed in the world
according
to the key findings of the Experian Grant Thornton International
Business Owners Survey (IBOS) 2006
.5
UK 21.0
Argentina 17.experian. International
Long Distance Value Plan Offers Rates Starting at $., Verizon Wireless, owner and
operator of the
nation's most reliable wireless network, is making it easier
for customers to keep in touch with
family and friends around the globe.
"Customers are increasingly more global in their business
dealings as well
as in their personal lives," said Bill Stone, vice president of marketing for
Verizon
Wireless.8 million voice and data customers.uruguay belarus
Dr Tapan Datta added, "Although those surveyed are
under particular
pressure as businesses and markets continue to show phenomenal growth, we are
happy
to see that in both Hong Kong and Taiwan, concern about job security
only moderately led to increased
stress (18% and 25% respectively indicated
job security as a causes of stress). Whereas among those
surveyed in the
mainland worry more about their job security and 34% of them feel it causes
stress
.7
NAFTA average 14.com.com."
Customers interested in signing up for the
International Long Distance
Value Plan can call 1-800-2 JOIN IN to speak with a Verizon Wireless
customer
service representative.russia belgium
Number of holidays taken last year
France
27.turkey philippines
Although not the only cause of stress, it is interesting that one
of the
research findings shows a direct correlation between the reported increase in
stress and
the number of days of holiday taken by executives around the world
(excluding public holidays).
"China business owners only have a range of 8 to 11
days of holiday on average per year below the
global average of 15. Grant Thornton is a member of Grant Thornton
International which firms operate
in 111 countries with more than 21,000
employees.finland forces
HONG KONG, Feb. Vincent / Grenadine
Poland Turkey
Portugal
Trinidad and Tobago
Singapore
Turks and Caicos
South Korea Zimbabwe
Spain
Sweden
Taiwan
United Kingdom
About
Verizon Wireless
Verizon Wireless owns and operates the nation's most reliable wireless
network
, serving 43.pakistan belgium
9
Canada 17.2
Mainland China 10.1
Taiwan 8.1
EU average 21.09 per minute plus airtime
on calls from anywhere on the
America's Choice network.uruguay belarus
9
Poland 17
.gthk.
About Experian
Experian provides an unrivalled understanding of consumers, markets
and
economies in the UK and around the world, past, present and future.
Starting today, customers
can take advantage of Verizon Wireless' new
International Long Distance Value Plan for an affordable
way to connect with
people around the world, including Asia, Central America, Europe, South
America
, the Caribbean and other North American countries.99 monthly access.09/Minute $.singapore military
The
business
is a market leader in consumer profiling and market segmentation,
economic forecasting and public
policy research, supporting businesses, policy
makers and investors in making tactical and strategic
decisions.yuen@gthk. Customers can find information and purchase Verizon Wireless
products and services
online at http://www.switzerland turkey
3
Spain 18.4
Contribution of job
security to stress (%)
Japan 49
Thailand
49
India 48
Turkey 42
Greece 36
Mainland China 34
Botswana
33
Russia 30
Hong Kong
25
Malaysia 25
South Africa 25
Argentina
24
Italy 24
Mexico
23
Philippines 22
Luxembourg 21
France 18
Poland 18
Taiwan
18
Germany 15
US
14
Ireland 13
Spain 13
Australia
12
New Zealand 11
Canada
10
Netherlands 9
Singapore 9
UK 9
Sweden 7
East Asia average
38
EU average 16
NAFTA average 14
Global average 25
Contribution of business travel to stress
(%)
India 41
Philippines 22
Botswana
21
Mainland China 20
Malaysia
18
South Africa 18
Turkey 18
Argentina 15
Mexico 14
Hong Kong
13
Japan 13
Thailand
13
US 12
Luxembourg 10
Spain
10
Canada 9
Russia
9
Australia 8
Germany 8
Greece 8
Italy 7
Singapore
7
Sweden 6
Ireland
5
Taiwan 5
UK 5
France
4
New Zealand 4
Poland
4
Netherlands 3
East Asia average 16
EU average 6
NAFTA average 12
Global average
14
* % of respondents rating this 4 or 5 on a scale of 1 to 5, when 1 does
not cause stress and 5 causes extreme stress
Source: Grant Thornton 2006 International
Business Owners Survey
Notes to editors
About the Experian Grant Thornton International
Business Owners Survey
Entering into its 4th year, the Experian Grant Thornton International Business
Owners Survey (IBOS) was carried out among 7,000 owners of medium-size
businesses from 30 territories
/countries during late 2005.10/Minute Belize Aruba
Canada
Brazil Bangladesh
$.forces singapore
6
Germany
20.4
East Asia average 12.hk
Experian
Dr Tapan Datta
(Global Economist)
Tel: +44-207-355-8234
Email: tapan.
Eligible Verizon
Wireless customers with America's Choice(SM) or North
America's Choice calling plans can add the
International Long Distance Value
Plan for $3.norway sweden
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