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  • October 22, 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 - Comment - JAKE'S VIEW

    China risk is the real worry for Hong Kong banks

    Posted Jul 17th 2014, 01:09am by Jake Van Der Kamp

    ... is the real worry for HK lenders [Hong Kong Monetary Authority chief executive Norman Chan, in an article posted yesterday on the website of the city's de facto central bank, wrote that... ... Front page, July 15 Let's get one thing straight about Hong Kong mortgages right away. They are among the soundest asset any bank anywhere has ever had and they have always been so. ...

    http://www.scmp.com/business/article/1555497/china-risk-real-worry-hong-kong-banks
  3. 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
  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. Comment - Insight & Opinion - JAKE'S VIEW

    Rule of law and obeying the law are two different things

    Posted Sep 21st 2014, 03:36am by Jake Van Der Kamp

    ... Jake van der Kamp Rule of law and obeying the law are two different things "You say the rule of law in Hong Kong is important, but you are now, as a professor of law, advocating ... lawyer and independence activist, Mahatma Gandhi, organised a march to the sea with the purpose of taking a piece of salt from the beach there and tasting it without paying the tax ...

    http://www.scmp.com/comment/insight-opinion/article/1596957/rule-law-and-obeying-law-are-two-different-things
  8. 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
  9. Comment - Insight & Opinion - JAKE'S VIEW

    Employers, and not just the minimum wage, distort Hong Kong labour market

    Posted Aug 10th 2014, 04:50am by Jake Van Der Kamp

    ... to a least a streak of courage by disputing economic matters with one of Hong Kong's most eminent economists. While driving along South Bay Road the other day I had to swerve around an old man, ... wage was first proposed years ago because senior government officials recognised it as a disgrace to Hong Kong that so many elderly people were employed as toilet cleaners and rubbish ...

    http://www.scmp.com/comment/insight-opinion/article/1570078/employers-and-not-just-minimum-wage-distort-hong-kong-labour
  10. 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

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