• Thu
  • Aug 28, 2014
  • Updated: 4:37pm
Lai See
PUBLISHED : Wednesday, 13 November, 2013, 2:19am
UPDATED : Wednesday, 13 November, 2013, 3:26pm

Private sector shames Hong Kong government with Philippine aid

BIO

Howard Winn has been with the South China Morning Post for two and half years after previous stints as business editor and deputy editor of The Standard, and business editor of Asia Times. His writing has also been published in the Far Eastern Economic Review, the Wall Street Journal, and the International Herald Tribune. He writes the Lai See column which focuses on the lighter side of business.
 

HSBC Philippines is donating more than US$1 million as it activates a bank-wide relief and donation drive to provide aid to the victims of Typhoon Haiyan and their families. In addition, HSBC Philippines is giving US$23,000 from its local funds, while donations are also being raised by HSBC employees globally. Already, other parts of the HSBC Group have collected more than US$60,000 over the past two days.

Hong Kong-based charity International Care Ministries, one of the largest charities operating in the Philippines, has created a disaster fund to offer aid to affected areas. This can be accessed at www.caremin.com/our-work/disaster-fund The charity operates in eight regions of the Philippines, three of which have been affected by Haiyan.

In addition, private equity firm KGLI Asia, which invests in the Philippines, has pledged US$1 million for disaster relief and rebuilding efforts in those communities affected by Haiyan. The firm's Philippine ventures include Sabah Al-Ahmad Global Gateway Logistics City and an investment in the 2GO Group, the Philippines' largest supply chain management and logistics services provider. The firm is a wholly owned subsidiary of KGL Investment, which is based in Kuwait, where about 140,000 Filipinos work.

There are about 160,000 Filipino workers in Hong Kong but despite this, the government is still preoccupied with the hostage shooting incident of three years ago. Our chief executive yesterday said Manila had not asked for an extension to the one-month deadline it had given the Philippines to settle the claims of the hostage victims and their families. It has said it intends to introduce sanctions if this deadline is not met.

As we said yesterday, this is petty stuff compared with the problems the Philippines now has to deal with. The Philippines should just ignore this deadline and wait for the international opprobrium that will be dumped on Hong Kong should it go ahead with sanctions. It is shameful and deeply embarrassing.

We see that the mainland has likewise covered itself in glory with its derisory donation of US$100,000, less than one tenth of the donations made by HSBC and KGL Investment. Small wonder that Beijing's soft power is so much weaker than the US when it behaves like this.

 

Books for women

The bookshop Dymocks has produced a timely catalogue offering suggestions of Christmas presents for "him and her". It is aimed at easing the annual problem of what presents to give people. But it has not been to everyone's liking. Indeed it has risen the ire of one female reader in particular who notes that the "gifts for her" category includes books about cooking, art, cats, happiness, tips for single girls, fashion magazines and interior design. The "gifts for him" category includes books about the history of everyday objects, why underdogs succeed more often than would be expected, creativity, behavioural economics, 1001 ideas that changed the way we think and so on. The reader points out that women are also interested in most of the topics that are suggested for men. Another case of gender stereotyping perhaps. The list was obviously drawn up by a man.

 

Bling bling

We were momentarily tempted to attend the Links of London annual press presentation today. That is until we saw that we were invited from 12pm to 5pm - a mere five hours. The invitation came with a picture of an alluring model draped in the firm's products. But five hours gazing at upmarket bling? Not for the faint-hearted.

 

Never enough pay

Pay worries continue to eat away at those in the finance industry. In a recent lecture at the High Pay Centre in Britain, RBS chairman Philip Hampton said bonuses at the bank had been cut by 80 per cent, the website eFinancialCareers reports.

Unsurprisingly, this has upset RBS bankers, some of whom, Hampton said, had complained to him. One senior investment banker, he recalled, had been apoplectic to discover his package was only £4 million, (HK$49 million) when someone doing a comparable job at a rival bank was receiving £6 million. "This is absolutely outrageous to them, that somebody is getting 50 per cent more," Hampton said, adding that he had an "out of body experience" on receiving the complaint.

 

Have you got any stories that Lai See should know about? E-mail them to howard.winn@scmp.com

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This article is now closed to comments

caractacus
"Private sector shames Hong Kong government with Philippine aid"
Well said, Howard.
lexishk
Alternatively, HK could get the f*** over it and move on.
giggsy72
These the same people that so identified with HK that they were travelling on Canadian passports?
Tiger62
CY has lost the plot over this as have many Hong Kongers. Too right if they introduce any sanctions Hong Kong will be a laughing stock. Can't think Beijing will allow it.
arl.nun.1
Hey howard, come back to talk about the "shames", when your people got kill by a foreign country and waited more than 3 years without any apology or compensation!
arl.nun.1
But the vast majority in Hong Kong do support the government on this matter.
It is only the Hong Kong people's thought should be counted - isn't that always what the westerner said?!
ssslmcs01
Yes there are over 160000 Filipinos receiving an income from Hong Kong. What are the families of the slain hostages from the bungled police rescue in Manila getting from the Philippine government to support their families?
Off the wall that people just don't get it! Raising a family isn't cheap and those responsible haven't taken responsibility for what happened that day 3 years ago. What do you think? You think some magic is going to come along and support these families?
There must be something wrong with your heads.
ssslmcs01
That is kind of you. Who are you praying to, the pope?
If you only know how much Hong Kongers have prayed for their helpers and others over the years you wouldn't go around boasting about yourself and your prayers.
helenes.seeh@galaxyentertainment.com
Donation is not a race, what is the shame there? Shame and ignorance to those who make donation as a competition. A donation should come within one's generous heart and not as a showoff!!
and right now, we are in no mood to be generous, is that clear... make no mistake Mr. Winn...we can be so generous if we want to... but just not to those who don't deserve.
Furthermore, Mr. Winn, you as a Canadian has no right to point an accusing fingers pointing at HK people. You are in no place to dictate how we HKSAR spent our hard earn dollars...
The maids community here can donate as it is there own country, isn't it? did I hear any donations being made by this group of people..!? and BTW, Mr Winn, since you are all sympathy and with all your Canadian humanitarian blah blah, why don't you donate all your asset.. I bet the Filipinos will be very grateful for your generosity...
SpeakFreely
As a minimum gesture and expect for humanity, hk government should extend the sanction deadline. Imagine if we have a disaster here of similar magnitude, will our government has time/energy to deal with this sanction? It is stupid to expect them to ask for extension. We have more time and energy to deal with the issue than their government.

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