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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

    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
  3. 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
  4. 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
  5. Business - Comment - MONITOR

    Who's more damaging, Hong Kong officials or Occupy Central?

    Posted Feb 25th 2014, 12:32am by Tom Holland

    ... or Occupy Central? Among the grievances aired at Hong Kong's weekend protest against media censorship were complaints that editors have been leaning on local journalists to stress the supposed ... of Occupy have been warning for months now that the movement will cause economic havoc in Hong Kong. However, on examination their criticisms of Occupy are vacuous. If people are concerned about ...

    http://www.scmp.com/business/article/1434352/whos-more-damaging-hong-kong-officials-or-occupy-central
  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

    Neither Singapore nor Hong Kong is an Iceland waiting to happen

    Posted Feb 14th 2014, 12:42am by Tom Holland

    ... that Singapore is heading for a similar smash. But it gets worse. "Everything Forbes said about Singapore, you could just as well say about Hong Kong," says our reader, a financier who has ... the meltdown. Clearly Forbes believes something similarly catastrophic may now be about to happen in Singapore. Yet if Singapore has reason to be concerned, Hong Kong should be really worried. Where ...

    http://www.scmp.com/business/article/1427348/neither-singapore-nor-hong-kong-iceland-waiting-happen
  8. 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
  9. 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
  10. Business - Comment - MONITOR

    Hong Kong's wealth fund is doing a lousy job investing our money

    Posted Jan 24th 2014, 02:13am by Tom Holland

    ... is doing a lousy job investing our money You may not know about it, but Hong Kong has a sovereign wealth fund. It's called the Exchange Fund. It manages assets of HK$3 trillion, and its investment performance is abysmal. Yesterday the Hong Kong Monetary Authority announced the Exchange Fund's results for 2013. It managed a return of just 2.7 per cent. When you consider ...

    http://www.scmp.com/business/article/1412068/hong-kongs-wealth-fund-doing-lousy-job-investing-our-money

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