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  • November 27, 2014
  • Last updated: 11:20am
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Results 1 - 10 of 12 for Macau

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  1. Business - Comment - JAKE'S VIEW

    Dirty money alarmism just doesn't wash

    Posted Apr 21st 2014, 11:52pm by Jake Van Der Kamp

    ... doesn't wash According to the [PricewaterhouseCoopers (PwC) survey on economic crime], 37 per cent of companies in Hong Kong and Macau- mainly banks and casinos- had experienced money laundering ... things to take note of here. First is that bit in the excerpt above about "... and casinos". Why is Hong Kong to be lumped in with Macau when we have gone out of our way to keep casinos ...

  2. Business - Comment - JAKE'S VIEW

    Land-hungry tourism a 'pillar' that short changes Hong Kong

    Posted Jan 23rd 2014, 12:53am by Jake Van Der Kamp

    ... we could easily put off the HK$130 billion expenditure on a third runway or that HK$65 billion and counting for a bridge to Macau, which Macau does not want and which will never be needed ...

  3. Business - Economy - JAKE'S VIEW

    Welfarism of corporate kind is the real problem

    Posted Feb 06th 2014, 04:24am by Jake Van Der Kamp

    ... or of the MTR, which is funded by land grants. We are talking of big concrete-pouring schemes such as the bridge to Macau and the high-speed rail link to the border, both of them pointless vanity ...

  4. 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 ...

  5. Comment - Insight & Opinion - JAKE'S VIEW

    Walled-off land revenues keep the fat cats purring

    Posted Jan 19th 2014, 02:53am by Jake Van Der Kamp

    ... Goodness me, if we keep old people alive with the money that we could instead squander on a useless bridge to Macau or a pointless new railway to the border, well, where would the world be? Keep ...

  6. 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 ...

  7. Business - Comment - JAKE'S VIEW

    Fed's fear of Wall Street distorting global economy

    Posted Nov 21st 2013, 02:39am by Jake Van Der Kamp

    ... for more than a decade to rein in rapidly rising home prices, but in vain. 3. Measures taken by the Macau government to curb soaring property prices have failed. That's just one page on one ...

  8. 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

    ... at an HSBC branch 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 ...

  9. Business - Comment - JAKE'S VIEW

    Like an Arabian fantasy, Hengqin plan just nonsense

    Posted Aug 13th 2013, 12:00am by Jake Van Der Kamp

    ... million a year is the level of tourism which Britain enjoys at present. It is more than all of China gets if you take out visitors from Hong Kong, Macau and Taiwan. It is more than three times ...

  10. Comment - Insight & Opinion - JAKE'S VIEW

    If government wants people to have more cash, don't take it from them

    Posted Jul 21st 2013, 12:00am by Jake Van Der Kamp

    ... to the border, the Macau bridge, and highways to serve a declining port. These will certainly be a burden to the poor and dribbling coins into their hands will not make up for it. If Tsang doesn't ...




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