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  • September 20, 2014
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  1. 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

    ... beginning of the present longer-term economic cycle. It shows private construction costs have gone up 130 per cent over the period. This is much more than the deflator for the overall economy ...

  2. 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

    ... billion into the flagging euro-zone economy. South China Morning Post, September 5 It's a long way away. Why should we really care if Europeans think debasing the euro is a prescription ... economy is determined by interest rates in the United States, thanks to our peg to the US dollar. Unfortunately, monetary policy in both the US and in Europe in recent years has been put ...

  3. Business - Economy - JAKE'S VIEW

    Funding must be front and centre in debate on third runway

    Posted Sep 03rd 2014, 02:18pm by Jake Van Der Kamp

    ... Jake van der Kamp With HK$200b at stake, it is absurd to separate cost from any decision on a project that would clog our airport with subsidised minor airlines Funding crucial to third runway debate “ Other questions remain over the runway – not least ho ...

  4. Business - Economy - JAKE'S VIEW

    Retire these amateurish efforts at pension reform

    Posted Sep 01st 2014, 02:33pm by Jake Van Der Kamp

    ... Jake van der Kamp Means testing is exactly the means by which money would go to those who truly need it Clumsy effort sets back pension reform "I've done all I can. This is it. I have put my heart and mind into writing this report. Of course I h ...

  5. 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

    ... the Hong Kong government aggressively to allow in migrant labour whenever a booming economy pushes down unemployment and puts pressure on them to raise wages. I have nothing against the working ... and when a booming economy finally promises to give them the rewards of their labour through higher incomes, it is grossly unfair to rob them of it by suppressing their wages through artificial ...

  6. Business - Comment - JAKE'S VIEW

    Haeco grounded by elite bank jobs that pay more

    Posted Aug 14th 2014, 12:34am by Jake Van Der Kamp

    ... Kong's economy over the next few years. But while it would be sad to lose a company like this or see it dwindle, the same could be said of many garment companies that are now only names from ...

  7. 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

    ... a third runway. But then tourists might not want to come here and our economy would lose out, you say. Really? If the air traveller thinks that flying from or to here is not worth the extra money, ...

  8. Business - Comment - JAKE'S VIEW

    Hong Kong goes with the flow and reaps the rewards of capital movements

    Posted Jul 29th 2014, 01:04am by Jake Van Der Kamp

    ... to more than the entire output of our economy. For the 12 months to March this year it amounted to an average of 91.6 per cent of GDP. It is conceivably possible that this could happen but it certainly looks odd. Why should a wealthy economy that prides itself on its self-reliance be so reliant on foreign investment? Let us add to the confusion. The red line swinging along the bottom ...

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

    'Grim' retail sales index tells only fraction of story

    Posted Aug 03rd 2014, 04:25am by Jake Van Der Kamp

    ... Jake van der Kamp Don't panic, retail sales index doesn't tell whole story The grim performance of Hong Kong's retail sales continued in June, producing the worst first-half showing since 2009. SCMP, August 1 And this was the top story on t ...

  10. Business - Comment - JAKE'S VIEW

    Trees just the start for axe swinging needed at West Kowloon arts hub

    Posted Jul 24th 2014, 12:21am by Jake Van Der Kamp

    ... everywhere (as opposed to his original silly idea of covering everything with a glass roof). But, no. Thrift and economy have now been discovered and West Kowloon is to make a gesture to this new ...




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