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  • October 21, 2014
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  1. Business - Comment - JAKE'S VIEW

    Hong Kong logistics sector doesn't need own ministry, despite whinge by lobbyists

    Posted Oct 07th 2014, 05:25am by Jake Van Der Kamp

    ... issues." Lobbyists' whinge, British Chamber of Commerce   And therefore, says the British commercial chamber to the chief executive in this gimme pitch- "Hong Kong as a regional ... migrant workers for the airport alone when Hong Kong's workers are screaming for more living space. How many Hongkongers will you push out of their homes? And if you say we should bus ...

    http://www.scmp.com/business/article/1611012/hong-kong-logistics-sector-doesnt-need-own-ministry-despite-whinge
  2. Business - Economy - JAKE'S VIEW

    Hong Kong's new rail projects a case of city planners asleep at the wheel

    Posted Sep 25th 2014, 05:40am by Jake Van Der Kamp

    ... circle of the South Island Line back to north of Hong Kong Island. Question: Why wasn't it made a circle right away? Answer: Because it couldn't be justified. Why is it justified now? ... disadvantage. You would think the solution to be the special restrictions that other cities put in to discourage private car transport, but no. Hong Kong, a city with one the world's best public ...

    http://www.scmp.com/business/economy/article/1599759/hong-kongs-new-rail-projects-case-city-planners-asleep-wheel
  3. Business - Money - JAKE'S VIEW

    Old equity theories no longer ring true

    Posted Oct 02nd 2014, 05:40am by Jake Van Der Kamp

    ... belief at one time and the most common reason given for it was that the Jockey Club's racing season began in early September and all the punters sold their holdings in the market to raise ... year and then averaging the results of those 50 years. The first thing this tells you is that if some genie had whispered "Buy Hong Kong" in your ear 50 years ago you would not have ...

    http://www.scmp.com/business/money/markets-investing/article/1607213/old-equity-theories-no-longer-ring-true
  4. Business - Comment - JAKE'S VIEW

    Hong Kong contractors' bid-rigging is behind rising prices

    Posted Sep 18th 2014, 05:57am by Jake Van Der Kamp

    ... you the deflator index for private construction costs in Hong Kong. It is taken from the gross domestic product figures and based on a value of 100 for September 2003, the approximate ... restrained. Portland cement is portland cement around the world. It is thus my belief that the cartel operations so prevalent in Hong Kong construction extend to rigging of materials prices ...

    http://www.scmp.com/business/article/1594838/hong-kong-contractors-bid-rigging-behind-rising-prices
  5. Business - Comment - JAKE'S VIEW

    Hong Kong's anti-money-laundering laws make a mockery out of justice

    Posted Sep 16th 2014, 03:23am by Jake Van Der Kamp

    ... the Hollywood pseudonym of Tony Corleone (stop laughing), pinned a Hong Kong money-laundering charge on a Slovakian citizen who last week was jailed for four years. Score another for the angels ... evaluation. Hong Kong had best ready itself. We practice a gross breach of one of its most fundamental principles of rule of law And Hong Kong has. We have found an easy way to score high ...

    http://www.scmp.com/business/article/1593408/hong-kongs-anti-money-laundering-laws-makes-mockery-out-justice
  6. Comment - Insight & Opinion - JAKE'S VIEW

    Distant central bankers drive home prices up in Hong Kong

    Posted Sep 07th 2014, 03:56am by Jake Van Der Kamp

    ... payments is the mortgage interest rate. But it is not our own commercial bankers in Hong Kong or even our Monetary Authority that sets the mortgage rate. The whole interest rate structure of our ...

    http://www.scmp.com/comment/insight-opinion/article/1586672/distant-central-bankers-drive-home-prices-hong-kong
  7. Business - Economy - JAKE'S VIEW

    Shrinking workforce not all that it seems

    Posted Oct 09th 2014, 05:43am by Jake Van Der Kamp

    ... Jake van der Kamp As Japan has shown, an ageing population doesn’t have to mean low jobs growth, with Hong Kong’s over-65 labour participation rate now at 8.3pc Shrinking workforce not all ... is thus increasingly dependent on employment growth. But Hong Kong's population is an ageing one and people drop out of the workforce as they grow older. Where then are we to get ...

    http://www.scmp.com/business/economy/article/1612332/shrinking-workforce-not-all-it-seems
  8. Comment - Insight & Opinion - JAKE'S VIEW

    Fearful finance chief John Tsang misses the point about tolerating peaceful dissent

    Posted Oct 05th 2014, 04:10am by Jake Van Der Kamp

    ... and particularly our most concern is about our reputational risk as well as the confidence in the market system in Hong Kong. That would be a permanent damage that we could not afford." Financial ... impact on the economy. But when Tsang speaks of "persist" I assume he means at most a matter of weeks, not years, in which case I think it unlikely that Hong Kong's reputation ...

    http://www.scmp.com/comment/insight-opinion/article/1609586/fearful-finance-chief-john-tsang-misses-point-about
  9. Comment - Insight & Opinion - JAKE'S VIEW

    Time for the Hong Kong Club to end its embarrassment of riches

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

    ... Jake van der Kamp Time for the HK Club to end its embarrassment of riches A newspaper columnist has a way of making enemies. One or two members of the Hong Kong Club have told me over time ... of the club's 2012 accounts, which make it clear that it is time for the club to take some new directions or risk incurring the disdain of the larger Hong Kong community. But first, some general ...

    http://www.scmp.com/comment/insight-opinion/article/1235630/time-hong-kong-club-end-its-embarrassment-riches
  10. Business - Comment - JAKE'S VIEW

    Let the Hong Kong taxpayer off the hook for a new runway, please

    Posted Aug 12th 2014, 12:25am by Jake Van Der Kamp

    ... the issues. Here is an example: "Besides, it would be inconvenient and time-consuming if travellers had to use [Pearl River Delta] airports instead of our own airport in Hong Kong." I agree. ... the convenience, shouldn't you be the one who pays the price? Why should the Hong Kong taxpayer pay it for you? The issue here is not primarily the Chinese white dolphins (CWDs, as these sponsored ...

    http://www.scmp.com/business/article/1571636/let-hong-kong-taxpayer-hook-new-runway-please

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