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  • August 27, 2014
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  1. Comment - Insight & Opinion - MY TAKE

    Do we need a BRICS development bank?

    Posted Jul 17th 2014, 04:45am by Alex Lo

    ... Alex Lo alex.lo@scmp.com Development banks aplenty in the world Does the world need another development bank? Brazil, Russia, India, China and South Africa have signed an agreement to create the Shanghai-based BRICS development bank. The aim is to create an alternative to the Western-dominated International Monetary Fund and World Bank. Along with the new bank, the five ...

    http://www.scmp.com/comment/insight-opinion/article/1555464/do-we-need-brics-development-bank
  2. Comment - Insight & Opinion - MY TAKE

    Hong Kong's massive surpluses could fund pension scheme

    Posted Aug 23rd 2014, 02:41am by Alex Lo

    ... in the Exchange Fund, the government's fiscal reserves and money from land sales which goes into infrastructure development. The Exchange Fund now stands at HK$3 trillion. About HK$800 billion ... more to build for a developed economy other than to physically integrate with the mainland? Or should we use some of that money for the welfare of our own citizens? It's difficult to know ...

    http://www.scmp.com/comment/insight-opinion/article/1579561/hong-kongs-massive-surpluses-could-fund-pension-scheme
  3. Comment - Insight & Opinion - MY TAKE

    Push Up Drink was bound to be a bust with its breast boosting claim

    Posted Aug 15th 2014, 03:40am by Hari Kumar

    ... Hari Kumar hari.kumar@scmp.com Claims that go bust in face of evidence It was a claim that was bound to go bust in the face of scientific evidence. A local company's assertion that its dietary supplement drink can help women develop a perfect heart-shaped chest has been deflated by experts, who say there is no scientific evidence to support this. The distributor ...

    http://www.scmp.com/comment/insight-opinion/article/1573757/push-drink-was-bound-be-bust-its-breast-boosting-claim
  4. Comment - Insight & Opinion - MY TAKE

    Why bother inspecting a Hong Kong investment flat?

    Posted Jul 22nd 2014, 05:25am by Alex Lo

    ... in it. In the same way that stock punters buy company shares without researching too much, many flat buyers now queuing to get their hands on Cheung Kong's Mont Vert development don't mind not seeing the inside. The development in Tai Po offers some of the city's cheapest- and smallest- new flats. Measuring under 200 sq ft and sold for under HK$2 million, the studio ...

    http://www.scmp.com/comment/insight-opinion/article/1557023/why-bother-inspecting-hong-kong-investment-flat
  5. Comment - Insight & Opinion - MY TAKE

    Despite huge profits, Gilead Sciences defends price of its hepatitis drug

    Posted Jul 26th 2014, 05:01am by Hari Kumar

    ... finance committee earlier this month asked the company to show how it arrived at the sale price. The senators say the company which originally developed the drug, Pharmasset, had forecast a price of US$36,000 for each treatment. Gilead bought Pharmasset for US$11 billion two years ago. The senators say the amount Pharmasset spent on developing the drug was US$62.5 million. The aim of any ...

    http://www.scmp.com/comment/insight-opinion/article/1559319/despite-huge-profits-gilead-sciences-defends-price-its
  6. Comment - Insight & Opinion - MY TAKE

    China is far from securing its world role

    Posted Jul 19th 2014, 04:04am by Alex Lo

    ... civilisation state" with the soft power of values, culture and institutions compared to less developed but conquering neighbours and tribes. Xi has yet to amass the soft or hard power to get China ...

    http://www.scmp.com/comment/insight-opinion/article/1556512/china-far-securing-its-world-role
  7. Comment - Insight & Opinion - MY TAKE

    How Hong Kong's propertied class found favour with the government

    Posted Jul 11th 2014, 04:31am by Alex Lo

    ... pan-democrat and the property tycoons' man in Legco have both come down hard on the government for selling land to private developers or converting it to other uses. It was originally earmarked ... plots of land originally reserved for public housing were returned to the government between 2001 and 2013 and eventually sold to developers or converted to other uses. The government justified ...

    http://www.scmp.com/comment/insight-opinion/article/1551472/how-hong-kongs-propertied-class-found-favour-government
  8. Comment - Insight & Opinion - MY TAKE

    Why New Territories new-towns plan makes a lot of sense

    Posted Jun 30th 2014, 04:03am by Alex Lo

    ... will take up 54 hectares. The whole proposed development project covers 333 hectares, of which existing village land, open space, zones for community and social services, commercial land, amenity ... like to point to several issues. First is collusion with big developers. In fact, the original plan was for the government to resume all their land. This was stopped after they threatened ...

    http://www.scmp.com/comment/insight-opinion/article/1543184/why-new-territories-new-towns-plan-makes-lot-sense
  9. Comment - Insight & Opinion - MY TAKE

    Hong Kong's Leung Chun-ying should forgo desire for a second chief executive term

    Posted Jul 10th 2014, 04:33am by Alex Lo

    ... such as new town developments in the New Territories, funding for waste management facilities and the double property stamp duty. There is now a backlog of over 40 items before the Legislative ...

    http://www.scmp.com/comment/insight-opinion/article/1550618/hong-kongs-leung-chun-ying-should-forgo-desire-second-chief
  10. Comment - Insight & Opinion - MY TAKE

    The Hong Kong pan-dems and the United States neo-cons

    Posted Jun 23rd 2014, 03:00am by Alex Lo

    ... and suffering. Both would be war criminals if they weren't protected by Uncle Sam. Wolfowitz later made a mess as World Bank president where he was too busy fighting corruption in developing economies rather than helping them develop. He quit after he gave his girlfriend a pay rise and a promotion. ...

    http://www.scmp.com/comment/insight-opinion/article/1538433/hong-kong-pan-dems-and-united-states-neo-cons

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