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  1. Business - Comment - MONITOR

    More immigration has not seen Singapore surpass Hong Kong

    Posted Feb 01st 2013, 12:00am by Tom Holland

    ... Tom Holland While the Lion City's more open immigration policy may have boosted its overall GDP, Hong Kong is still better off on a per-head measure Letting in more people has ... of Singapore's policy paper triggered a bout of breast-beating in Hong Kong. On the front page of Wednesday's South China Morning Post, Paul Yip, a professor at the University of Hong Kong ...

    http://www.scmp.com/business/article/1140622/more-immigration-has-not-seen-singapore-surpass-hong-kong
  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

    ... Kong's future is severely out of focus In his budget speech yesterday, John Tsang Chun-wah did his best to scare us. If Hong Kong continues on its current trajectory, steadily improving ... and it soon becomes clear that Tsang's gloomy forecast of a looming structural deficit is the product of a deep structural flaw in his own approach to Hong Kong's public finances. When Hong ...

    http://www.scmp.com/business/article/1435878/tsangs-vision-hong-kongs-future-severely-out-focus
  3. 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
  4. 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
  5. 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

    ... 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 not help to clear our air Christine Loh Kung-wai, Hong Kong's campaigning Under Secretary for the Environment, has promised us that she will deliver "drastic improvements" ...

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

    Hong Kong just following mainland in rejection of transparency

    Posted Feb 20th 2013, 12:00am by Tom Holland

    ... Tom Holland If Hong Kong conceals company directors' ID card numbers, it will merely assist criminal activities among officials and businessmen HK just following mainland in rejection of transparency In proposing to conceal the identity card numbers of company directors from the public, the Hong Kong government is taking a major backwards step away from transparency. But in doing so, ...

    http://www.scmp.com/business/article/1154153/hk-just-following-mainland-rejection-transparency
  7. 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
  8. Business - Comment - MONITOR

    Let's stamp out this talk about Hong Kong's narrow tax base

    Posted Mar 14th 2013, 12:00am by Tom Holland

    ... about Hong Kong's narrow tax base Once again talk is going round in government circles that Hong Kong's tax base is too narrow. It offends the official mind that fewer than 1.5 million ... and profits taxes mean Hong Kong's public finances are overly exposed to swings in the city's notoriously volatile economy. As the economy turns down, income falls just when the government ...

    http://www.scmp.com/business/article/1190066/lets-stamp-out-talk-about-hong-kongs-narrow-tax-base
  9. Business - Comment - MONITOR

    Hong Kong needs a fresh policy on water before the taps run dry

    Posted Jan 09th 2014, 12:15am by Tom Holland

    ... the taps run dry This year the Hong Kong government will renegotiate the agreement under which the city gets 80 per cent of its fresh water from the Dongjiang, or East River, in Guangdong province. No doubt the price will rise a touch from the modest HK$4.80 a tonne that Guangdong currently asks. But few people in Hong Kong will either know or care. The increase will not be reflected in our ...

    http://www.scmp.com/business/article/1400946/hong-kong-needs-fresh-policy-water-taps-run-dry
  10. Business - Comment - MONITOR

    Simple-minded to expect Hong Kong home prices to fall? Not at all

    Posted Jan 07th 2014, 01:43am by Tom Holland

    ... prices to fall? Not at all I suppose I should be offended. Three weeks ago, Monitor warned that Hong Kong property prices are likely to fall following the US Federal Reserve's decision ... Anyone who cites the Fed's tapering as a reason to expect the market to fall is being "too simple-minded". Chiu, of course, has form when it comes to talking up Hong Kong ...

    http://www.scmp.com/business/article/1399278/simple-minded-expect-hong-kong-home-prices-fall-not-all

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