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  • April 18, 2014
  • Last updated: 3:29am
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  1. Comment - Insight & Opinion - LEADER

    The pros and cons of working past 60

    Posted Apr 14th 2014, 04:28am by SCMP Editorial

    ... working lives means fewer promotion prospects for younger officers and a heavier financial burden for taxpayers. The impact is expected to go beyond the civil service. It is likely to induce ... to be still tip-toeing around the problem. The latest attempt to extend the civil service retirement age is another step to address the challenge. Belated as it is, the proposal differs from other ...

  2. Comment - Insight & Opinion - LEADER

    China should lower taxes, not increase spending, to spur growth

    Posted Apr 17th 2014, 04:33am by SCMP Editorial

    ... post-financial-crisis highs driven by massive stimulus spending. There is no question this would prompt rising calls for more stimulus from vested-interest groups. So far the government has resisted them ...

  3. Comment - Insight & Opinion - LEADER

    Financial regulators must strike a balance

    Posted Feb 24th 2014, 02:52am by SCMP Editorial

    ... on Legco's financial affairs panel to question whether the SFC is hiring more people just because it has too much money to spend and to express concern about overregulation of the markets. To be sure ... standards attract institutional investors, smoothing access to capital. Regulators must strike a balance. Governance standards remain paramount to the city's status as a financial hub. ...

  4. Comment - Insight & Opinion - LEADER

    Circuit breakers have divided the financial community

    Posted Feb 20th 2014, 04:39am by SCMP Editorial

    ... institutional investors such as those represented by the Asia Securities Industry and Financial Markets Association are supportive of introducing circuit breakers. However, many of the smaller local ...

  5. Comment - Insight & Opinion - LEADER

    The market proves to be a stern judge of government apps

    Posted Apr 09th 2014, 06:02am by SCMP Editorial

    ... Officials deserve credit for reaching out to the people and offering e-services via mobile apps. But if the market experience is any reference, apps come and go. Only the interesting or useful ones ... stores. All products and services require promotion. Government apps are no exception. ...

  6. Comment - Insight & Opinion - LEADER

    Taiwan needs to think long-term as region's economic focus shifts

    Posted Apr 09th 2014, 06:02am by SCMP Editorial

    ... SCMP Editorial Taiwan needs to refocus economy Common sense has prevailed in Taiwan's political stand-off over a cross-strait trade services pact. Student-led protesters have pledged ... in the mainland's transition to a more consumer-led economy, which calls for Taiwan to refocus integration on provision of services rather than manufacturing. A fresh reminder came this week with a report ...

  7. Comment - Insight & Opinion - LEADER

    Hong Kong must banish tourism rogues

    Posted Apr 07th 2014, 02:40am by SCMP Editorial

    ... to consolidate its image by offering visitors the highest standard of service. Sadly, the notorious "forced shopping"- compelling tourists to shop to make up for cheap package tours- has made ...

  8. Comment - Insight & Opinion - LEADER

    Import more workers to ease the labour crunch

    Posted Apr 03rd 2014, 04:21am by SCMP Editorial

    ... SCMP Editorial A way round the labour crunch Manpower shortages have long been an issue of concern in Hong Kong. Rapid economic development and changing demographics mean there is growing pressure to find the right person for the job. In February, the financial chief warned that a labour shortage in the construction industry would affect the delivery of infrastructure projects. ...

  9. Comment - Insight & Opinion - LEADER

    Russia's expulsion from Group of Eight is no big deal

    Posted Apr 02nd 2014, 05:08am by SCMP Editorial

    ... of the global financial crisis, the G8 was the premier forum for leaders from the world's major economies to discuss important international issues. But the Western focus and failure to include ...

  10. Comment - Insight & Opinion - LEADER

    Automatic bailouts no longer an option in China

    Posted Mar 28th 2014, 03:54am by SCMP Editorial

    ... unwarranted. It may be only a small lender, but the run not only reflects the perception of fragility of a wider financial system awash with debt but also, more worryingly, a growing lack of confidence amid concerns about asset quality. These can be early signs of systemic stress. Much of the lending spree after the global financial crisis went into dubious projects and overcapacity ...




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