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  • November 27, 2014
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  1. Business - Comment - MONITOR

    With fewer grand projects, Hong Kong can afford its health care bills

    Posted Sep 02nd 2013, 12:00am by Tom Holland

    ... health care for Hong Kong's growing army of old folk. Tax changes would be needed to plug the gap, warned one of the government's fiscal advisers. This is no surprise. In his budget ... all thought dead and buried back in 2006. Yet whether Hong Kong's public finances are really facing the sort of old-age health care spending armageddon that the government keeps warning ...

    http://www.scmp.com/business/article/1301355/fewer-grand-projects-hong-kong-can-afford-its-health-care-bills
  2. Business - Comment - MONITOR

    It's not heresy to expect grand projects to pay for themselves

    Posted Feb 28th 2014, 01:01am by Tom Holland

    ... trillion is enough to cover every cent of the government's extra health and welfare spending for the next 30 years. This is where officials cry heresy. Where, they demand, will Hong Kong get ... projects to pay for themselves Thank you to the readers who wrote in to comment on yesterday's Monitor, which suggested that Hong Kong's fiscal problems, outlined in Wednesday's ...

    http://www.scmp.com/business/article/1436598/its-not-heresy-expect-grand-projects-pay-themselves
  3. Business - Comment - MONITOR

    Tsang's vision of Hong Kong's future is severely out of focus

    Posted Feb 27th 2014, 01:23am by Tom Holland

    ... of government spending, outweighing either education, health or welfare; the three areas of expenditure Tsang says he is so concerned about. Hong Kong needs some new infrastructure spending of course. ... Tom Holland Instead of building mega-projects that serve no purpose, the government should spend money where it is needed: education, health and welfare Tsang's vision of Hong ...

    http://www.scmp.com/business/article/1435878/tsangs-vision-hong-kongs-future-severely-out-focus
  4. Business - Comment - MONITOR

    Even Hong Kong's best efforts may not help to clear our air

    Posted Feb 12th 2014, 12:46am by Tom Holland

    ... in the city's air quality over the next five years. Yesterday, she pledged to get the very worst-polluting buses and trucks- those that do the most harm to our health- off Hong Kong's streets ... Tom Holland City's anti-pollution campaign will not end problem as long as the mainland continues to burn coal to satisfy its power demand Even Hong Kong's best efforts may ...

    http://www.scmp.com/business/article/1426234/even-hong-kongs-best-efforts-may-not-help-clear-our-air
  5. Business - Comment - MONITOR

    British model of governance is nothing for Hong Kong to boast about

    Posted Dec 05th 2013, 06:00am by Tom Holland

    ... is nothing for HK to boast about Once in a while, this column has been known to criticise the Hong Kong government. Whenever it does, someone always objects. "But Hong Kong's system was put in place by the British," he inevitably complains, as if that somehow renders the city's officials infallible, or at least immune to censure in the media. Alas, although Hong Kong ...

    http://www.scmp.com/business/article/1373170/british-model-governance-nothing-hong-kong-boast-about
  6. Business - Comment - MONITOR

    Powerful evidence Hong Kong officials just don't care about pollution

    Posted Oct 08th 2013, 12:00am by Tom Holland

    ... past you in the street, the bus is doing twice as much damage to your health. Yet government efforts to reduce roadside emissions range from the farcical to absurd. It has told drivers ...

    http://www.scmp.com/business/article/1326682/powerful-evidence-hong-kong-officials-just-dont-care-about-pollution
  7. Business - Comment - MONITOR

    Hong Kong government must change the way it taxes property

    Posted Aug 15th 2013, 12:00am by Tom Holland

    ... budget speech earlier this year, Financial Secretary John Tsang Chun-wah painted a grim picture of Hong Kong's economic future, and of the outlook for the government's finances. ... concluded that Tsang was paving the way for another government attempt to impose a goods and services tax on the city. But there are far better ways to retool Hong Kong's revenue regime to meet ...

    http://www.scmp.com/business/article/1296772/hong-kong-government-must-change-way-it-taxes-property
  8. Business - Comment - MONITOR

    Tsang's budget will do nothing to solve Hong Kong's twin problems

    Posted Feb 26th 2013, 12:00am by Tom Holland

    ... at 3 per cent. And almost uniquely outside the oil-exporting sheikhdoms of the Persian Gulf, Hong Kong's government finances are in rude health. Last February Tsang forecast ... But with much of the developed world struggling to escape recession, it counts as a robust performance. Even better, as the first chart below shows, Hong Kong's economy is forecast to grow ...

    http://www.scmp.com/business/article/1158571/tsangs-budget-will-do-nothing-solve-hong-kongs-twin-problems
  9. Business - Comment - MONITOR

    Mainland China squeeze is bad news for Hong Kong banking system

    Posted Jun 21st 2013, 12:00am by Tom Holland

    ... rates in Hong Kong sharply higher, dampening the appetite for issuing yuan "dim sum" bonds in the city's offshore market. But if it goes on much longer, the squeeze will push ... for Hong Kong banking system The Federal Reserve-induced rout in international financial markets yesterday largely obscured another indicator of mounting stress; one that could pose a major risk ...

    http://www.scmp.com/business/article/1265362/mainland-china-squeeze-bad-news-hong-kong-banking-system
  10. Business - Comment - MONITOR

    Hong Kong's 'slowdown' is not the threat it seems

    Posted May 13th 2013, 12:00am by Tom Holland

    ... Tom Holland GDP and inflation figures paint a dire picture of the city's situation, but the real economy is far more robust than the deceptive data suggests Hong Kong's 'slowdown' is not the threat it seems The front page of Saturday's South China Morning Post made sobering reading. Apparently Hong Kong's economy is slowing, even as inflation is mounting. ...

    http://www.scmp.com/business/article/1236292/hong-kongs-slowdown-not-threat-it-seems

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