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  • April 25, 2014
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  1. Business - Comment - LAI SEE

    What's good for the civil service is good for Hong Kong

    Posted Feb 07th 2014, 05:17am by Howard Winn

    ... to do with, and yet we are fed, on almost a daily basis, hogwash from the financial secretary about running out of reserves. The civil service needs reforming and reminding who it is supposed ... increasingly obvious these days: that the government is being run for the benefit of the civil service rather than the community at large. Its estimates and forecasts are made on the basis of what ...

    http://www.scmp.com/business/article/1422431/whats-good-civil-service-good-hong-kong
  2. Business - Comment - LAI SEE

    So who's responsible for the MTR debacle?

    Posted Apr 17th 2014, 01:01am by Howard Winn

    ... and financial services sector was- would you believe- HSBC. Last but not least is the award for Best Workplace Culture, which went to Hong Kong Disneyland. Colin Chang, manager, front of house staffing ... face from government officials and the Liaison Office. Its 22nd birthday party was attended by the Chief Secretary Carrie Lam Cheng Yuet-ngor and the Financial Secretary John Tsang Chun-wah ...

    http://www.scmp.com/business/article/1484931/so-whos-responsible-mtr-debacle
  3. Business - Comment - LAI SEE

    Remarkable change in Philippine security says Hong Kong government

    Posted Apr 24th 2014, 01:11am by Howard Winn

    ... eFinancialCareers, banks in the city are facing a shortage of associate-level talent at a time when they need to hire more of them to help execute deals. Speaking to the website, Sarah Harte-Spencer, director, global markets, at search firm Sheffield Haworth says: "Their graduate programmes were cut aggressively post-financial crisis and this has affected the level of associate candidates ...

    http://www.scmp.com/business/article/1495407/remarkable-change-philippine-security-says-hong-kong-government
  4. Business - Comment - LAI SEE

    CLSA's Mike Mayo goes full circle on Citi view

    Posted Apr 25th 2014, 12:11am by Howard Winn

    ... Howard Winn Mike Mayo, CLSA's head of banking research in the US, has certainly had his ups and downs with Citigroup. In the years following the financial crisis he was relentless in his pursuit of the bank for what he deemed its poor management practices. In 2012, he declared: "In Asia, Citibank is the Tiffany of banking, but its corporate governance is like ...

    http://www.scmp.com/business/article/1496254/clsas-mike-mayo-goes-full-circle-citi-view
  5. Business - Comment - LAI SEE

    Too much focus on fishing boats as pleasure craft are neglected

    Posted Apr 15th 2014, 12:19am by Howard Winn

    ... and supply of vessels continues to languish.   CFOs lose sleep over volatility What keeps CFO's in Asia awake at night these days? Financial markets volatility, according to the Bank of America Merrill Lynch 2014 CFO Outlook Asia report. The report, which surveyed 639 chief financial officers and other financial executives in the region, showed that 36 per cent of CFOs, compared to 22 ...

    http://www.scmp.com/business/article/1482429/too-much-focus-fishing-boats-pleasure-craft-are-neglected
  6. Business - Comment - LAI SEE

    China Development Bank playing hardball over Rusal loan reform

    Posted Apr 18th 2014, 01:13am by Howard Winn

    ... Dances with Bears reports. With this bid, Rusal arranged with Nigeria's privatisation agency to overrule a US$410 million cash offer by the Bancorp Financial Investment Group Divino ...

    http://www.scmp.com/business/article/1486361/china-development-bank-playing-hardball-over-rusal-loan-reform
  7. Business - Comment - LAI SEE

    Henry Tang's basement an engineering miracle

    Posted Apr 12th 2014, 12:56am by Howard Winn

    ... so what are we to conclude from this? That the 2,400 square foot basement under the Tangs' existing home was built without the services of an architect, engineer or registered ... by a reader at Central Station and shows the passenger information displays with an unusual message: "I've reached the end of my service life. The new display will give you even more ...

    http://www.scmp.com/business/article/1477005/henry-tangs-basement-engineering-miracle
  8. Business - Comment - LAI SEE

    HSBC action to put hunger strikers out of their misery

    Posted Apr 11th 2014, 12:29am by Howard Winn

    ... chairman, Rob Blain, is this year's Taipan. The event dates back to the '50s and, for many years, was a match between the armed services and the civilian members of the football club. ...

    http://www.scmp.com/business/article/1474467/hsbc-action-put-hunger-strikers-out-their-misery
  9. Business - Comment - LAI SEE

    Charles Li calls for a 'rational' debate on dual listings

    Posted Apr 08th 2014, 12:19am by Howard Winn

    ... The problem lies in the banking system, according to the report. Before the financial crisis, China had never represented more than 10 per cent of total external claims. Post-crisis, there has been a dramatic shift, with Hong Kong financial institutions' exposure to the mainland rising to 49 per cent. Much of this is from the offshore units of big mainland banks, which have been using ...

    http://www.scmp.com/business/article/1467744/charles-li-calls-rational-debate-dual-listings
  10. Business - Comment - LAI SEE

    Hong Kong is being choked by its government bureaucracy

    Posted Apr 02nd 2014, 05:45am by Howard Winn

    ... that it was taking at least seven months for restaurants at the China Resources Building to extract this permission from our ever-vigilant civil service. But little did we know that this process was already a ferment of bureaucratic activity. It transpires that in December 2012 the French Chamber of Commerce and the American Chamber of Commerce met the convenor of the Food Business and Related Services ...

    http://www.scmp.com/business/article/1462722/hong-kong-being-choked-its-government-bureaucracy

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