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  • November 28, 2014
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  1. Business - Comment - JAKE'S VIEW

    Tung Chung a case study in foolishness

    Posted Dec 17th 2013, 01:00am by Jake Van Der Kamp

    ... Cuckooland. To serve a costly bridge to Macau, for which not the slightest need was ever adduced, we are to engage in another reclamation project of 150 hectares for immigration control and commercial ... will lose HK$100 billion unless we build enough hotels and shops on Lantau to accommodate the crowds who will come pouring over the new bridge from Macau in two years' time. They will instead ...

  2. Business - Comment - JAKE'S VIEW

    Keep wages down and we will all pay in the end

    Posted Oct 29th 2013, 01:45am by Jake Van Der Kamp

    ... Just look at how it works in Macau. They handed out casino licences there to the big gambling operators for free on the reasoning that the benefits would come through a booming economy and jobs for all. They came that way all right- a booming economy for the gambling lords and jobs for anyone who cared to come to Macau. More than 35 per cent of the workforce is now non-resident. But go ...

  3. Business - Comment - JAKE'S VIEW

    HSBC of today lacking in vision that had helped it grow

    Posted Aug 08th 2013, 12:00am by Jake Van Der Kamp

    ... in Macau because Macau is now treated as abroad and I had not informed the bank I would be going there. Let it pass. It was mostly the Hong Kong Monetary Authority's fault anyway. Then again, ...

  4. The people of Macau should demand their fair share of patacas

    Posted Sep 08th 2006, 12:00am by Jake Van Der Kamp

    ... only a few days ago was telling his competitors in Macau to get out of the kitchen if they can't stand the heat has let out a slight 'ouch' about it himself. The news yesterday was that latest entrant to the Macau gambling scene, casino magnate Steve Wynn, has poached a key high rollers junket operator from his compatriot and direct competitor in Macau, Las Vegas Sands Corp boss ...

  5. Any gamble on casinos would do well to avoid Macau approach

    Posted Apr 21st 2005, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp YOU HAVE TO wonder whether Macau Chief Executive Edmund Ho Hau-wah is not feeling a little embarrassed today. It is all very well to leave a little money on the table ... patacas in Macau over 10 years, open two resorts and a conference centre, and pay a combined 39 per cent tax on gross income plus some premiums for gaming tables and slot machines. That concession ...

  6. In a high-stakes game, Stanley Ho must up the ante or call it quits

    Posted Aug 15th 2006, 12:00am by Jake Van Der Kamp

    ... intra-industry rules to ensure the healthy growth of Macau's gaming sector.' SCMP, August 12 TWO YEARS AGO we published a revealing photograph in this newspaper. It was taken at the opening of the new Sands Casino in Macau and showed Mr Ho, until then the undisputed casino boss of Macau, dropping in on the gambling floor to pay a courtesy call to Sheldon Adelson, chairman of Las Vegas ...

  7. Secretary for commerce an uncivil servant of business

    Posted Aug 01st 2008, 12:00am by Jake Van Der Kamp

    ... characteristic of the civil servant. New funding proposal made for Zhuhai bridge SCMP headline, July 30 Ihave said it before and I shall now say it again. This Hong Kong-Macau-Zhuhai bridge will never ... if private parties would not subscribe the full cost, while Guangdong would pay 35.1 per cent and Macau 14.7 per cent. Now the bureaucrats are talking of rearranging this arrangement to reduce Hong ...

  8. Wake-up call not needed as survey on English is lost in translation

    Posted May 09th 2005, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp 'Hong Kong has for a long time enjoyed what was believed to be quite good English proficiency. Our English was viewed as better than places like mainland China and Thailand [sic]. Now that is changing. This should serve as a wa ...

  9. Bridge politics all about perpetuating Shenzhen's highway robbery

    Posted Feb 14th 2006, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp YOU MAY RECALL an imaginative argument put up by a senior Guangdong government official a year or two ago for not building a bridge linking Hong Kong, Macau and Zhuhai. It was that a bridge would have to be built on pylons in the Pearl River estuary and, as everyone knows, pylons interfere with water flow. Thus water in the Pearl River would back up ...

  10. Mr Hu, on behalf of Hong Kong, please don't gamble on Mr Tien

    Posted Nov 10th 2006, 12:00am by Jake Van Der Kamp

    ... populations as much as they do on visitors. In our case, we have come to an unspoken arrangement with Macau whereby it sustains its economy on casinos while we avoid building them. This arrangement ... is by no means certain given the massive investments being made in Macau. What is certain is that another chunk of Hong Kong's beautiful country parks, one of its greatest assets, would be lost ...




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