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  • September 24, 2014
  • Last updated: 8:03am
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  1. MPF rewards vendors today to detriment of society tomorrow

    Posted Mar 16th 2009, 12:00am by Staff Reporter

    ... the purpose of which was to reinforce the idea of conservatism and allegiance to national institutions. We could also look at the very successful Central Provident Fund (CPF) in Singapore. We may ... Provident Fund (MPF) as presently organised is a blot on our society with nothing to recommend it. Deception and impoverishment of the elderly are particularly nasty features. Observers of the US ...

  2. News - Hong Kong - OCCUPY CENTRAL

    Pro-democracy bankers urge Xi Jinping against Tiananmen-style crackdown on Occupy Central

    Posted Sep 18th 2014, 05:20pm by Phila Siu

    ... Phila Siu phila.siu@scmp.com Government refuses to grant permission to group allied with Occupy to start pro-democracy march in Victoria Park on October 1 Supporters of Occupy Central from ... Beijing. In an open letter published in two international newspapers on Thursday ahead of the upcoming mass sit-in on Central streets, the group wrote that Hongkongers want true democracy. “Please ...

  3. Business - Money

    AXA in talks to sell Hong Kong Mandatory Provident Fund unit

    Posted Sep 12th 2014, 06:19am by Bloomberg

    ... in Hong Kong, said people with knowledge of the matter. AXA was seeking about US$400 million for the Mandatory Provident Fund business, two of the people said, asking not to be identified because ... options cover more than 80 per cent of the city's employed population, according to a June report from the Mandatory Provident Fund Schemes Authority. ...

  4. Business - Money - IPO WATCH

    China sovereign wealth funds provide safe route to investment success

    Posted May 26th 2014, 05:06am by Ray Chan

    ... wealth funds Sometimes, investing in the mainland is a bit like stumbling into the Twilight Zone- especially if you are thinking about being a strategic investor in a major initial public ... projects previously closed to them has yielded almost no significant interest. The reality is that under a centrally planned economic system, the best way to do business is probably to partner ...

  5. Move over MPF and let citizens save themselves

    Posted Jun 05th 2012, 12:00am

    ... of this column. I shall therefore restrict myself to a recent suggestion that our model should be the Central Provident Fund of Singapore because it is run by the government rather than by greedy bankers. ... Jake van der Kamp Is there hope for the MPF? SCMP headline, June 4 No, there isn't. Why beat around the bush? The Mandatory Provident Fund drains its beneficiaries of money they could ...

  6. Comment - Insight & Opinion - MY TAKE

    Hong Kong students protest too much over Occupy Central

    Posted Aug 28th 2014, 04:01am by Alex Lo

    ... university elders are so cowed by our young pan-democrat Red Guards that they are going out of their way to express support for them over class boycotts as part of Occupy Central. Some lecturers at the University of Hong Kong and Polytechnic University are planning to reschedule classes to fit the protesting students' timetables. Wait a minute. If you have a beef with the central government ...

  7. Business - Economy - ECONOMY

    G20 ministers and central bank governors push for 1.8pc growth spurt

    Posted Sep 22nd 2014, 04:28am by AFP

    ... to reach an ambitious goal of raising the total GDP of the 20 major world economies by 2 per cent above current projections over the next five years. Finance ministers and central bank governors, ... collective growth ambition," they said. "We will hold each other to account in implementing these policy commitments." International Monetary Fund chief Christine Lagarde hailed what ...

  8. Business - Banking & Finance - SECURITIES

    Mario Draghi's asset backed securities revival set for global regulator boost

    Posted Sep 17th 2014, 05:39am by Bloomberg

    ... to buy. A broader market in the securities could improve companies' access to financing and spur growth. That is the goal behind the European Central Bank's (ECB) plan to purchase ... to be simple, transparent and consistent securitisation," Medcraft said. "We're looking at providing a framework that actually assists the market." The European market ...

  9. Business - Banking & Finance - CURRENCIES

    Currency hedge funds welcome a return to market volatility

    Posted Sep 04th 2014, 01:09am by BLOOM

    ... Bloomberg in New York Hedge funds make most of volatility to reap gains After posting three straight years of losses that thinned the ranks of hedge funds specialising in currencies, the foreign-exchange market is showing signs of rebounding. Parker Global Strategies' index of leading currency funds climbed 0.9 per cent in August, the most since January 2013 and trimmed losses in 2014 ...

  10. Unite Students provides 'home for success'

    Posted Jun 16th 2014, 12:39pm by Reports by Mia Daughenbaugh and David Bell

    ... for students. Unite Students, Britain's largest developer and operator of student accommodation, works with higher education providers to provide a home for students from all over the world who are studying in Britain. "We provide a home that supports students' success and helps them achieve more from their time at university, whether that is academic success, personal growth ...




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