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  • November 28, 2014
  • Last updated: 8:28am
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  1. Business - Comment - JAKE'S VIEW

    Trees just the start for axe swinging needed at West Kowloon arts hub

    Posted Jul 24th 2014, 12:21am by Jake Van Der Kamp

    ... was first mooted. Hong Kong University has two new ones and they are right up to mark. I went to a piano recital at one of them recently. More are coming. There was a time when the West Kowloon ... by a decade and an overstaffed management has nothing to manage while getting no direction anyway from the top. Hong Kong has moved on. This project is stuck in our past. Don't stop your chopping ...

  2. Comment - Insight & Opinion - JAKE'S VIEW

    Distant central bankers drive home prices up in Hong Kong

    Posted Sep 07th 2014, 03:56am by Jake Van Der Kamp

    ... payments is the mortgage interest rate. But it is not our own commercial bankers in Hong Kong or even our Monetary Authority that sets the mortgage rate. The whole interest rate structure of our ... consumer products to financial assets, most notably the homes of these same consumers. The academics in power in the European and US central banks just refuse to see it, however. University ...

  3. Comment - Insight & Opinion - JAKE'S VIEW

    The joke is on Hong Kong in endless talks on Guangdong trade deal

    Posted Nov 09th 2014, 05:17am by Jake Van Der Kamp

    ... Jake van der Kamp jake.vanderkamp@scmp.com The joke is on HK in endless talks on Guangdong trade Hong Kong and Guangdong are still working to tear down more barriers to cross-border trade ... the governments in Guangzhou." That's 11 years and 17 talk shops since Hong Kong secured a so-called Closer Economic Partnership Arrangement (Cepa) with the mainland, and the sum total ...

  4. Business - Comment - JAKE'S VIEW

    Land-hungry tourism a 'pillar' that short changes Hong Kong

    Posted Jan 23rd 2014, 12:53am by Jake Van Der Kamp

    ... a 'pillar' that short changes Hong Kong [Secretary for Development Paul] Chan called for a thorough review of the development of the tourism industry. "Where should it stand among other ... the made-in-Hong Kong products that tourists buy. There are none. All the goods are imported, which means we have to deduct the import cost when calculating how big an impact this spending has on GDP. You ...

  5. Business - Comment - JAKE'S VIEW

    Flawed forecasts from fiscal working group defy laws of the universe

    Posted Mar 06th 2014, 12:44am by Jake Van Der Kamp

    ... these advisers live I haven't a clue. Hong Kong like Greece? The most Scrooge-like savers on earth compared to some of the greatest wastrels? We run consistently large fiscal surpluses and have net ... Jake van der Kamp Fiscal group's inflation figures fail to account for temporary anomalies that will self-correct Flawed forecasts defy the laws of the universe we live in Advisers ...

  6. Business - Companies - JAKE'S VIEW

    MTR's disregard for law shames the SFC

    Posted Nov 25th 2014, 05:27am by Jake Van Der Kamp

    ... Jake van der Kamp Failure to disclose delay to South Island Line is flagrant breach of market regulator’s ordinance MTR's disregard for law shames the SFC The long wait for a railway to the south side of Hong Kong Island will get even longer, with the opening of the South Island Line pushed back a further six months, the MTR Corporation announced yesterday. …Details of the delay ...

  7. Business - China Business - JAKE'S VIEW

    Mystery in China trade figures begs explanation

    Posted Nov 18th 2014, 05:09am by Jake Van Der Kamp

    ... it worked and it was all quite simple. What you did as an exporter in China was ship your goods to Hong Kong at cost and then add your profit margin in Hong Kong before shipping the goods further ... however, of doing things this way. The first was you would pay no profits tax in China as you made no profits there and none in Hong Kong because the authorities looked the other way about ...

  8. Business - Comment - JAKE'S VIEW

    Hong Kong logistics sector doesn't need own ministry, despite whinge by lobbyists

    Posted Oct 07th 2014, 05:25am by Jake Van Der Kamp

    ... issues." Lobbyists' whinge, British Chamber of Commerce   And therefore, says the British commercial chamber to the chief executive in this gimme pitch- "Hong Kong as a regional ... migrant workers for the airport alone when Hong Kong's workers are screaming for more living space. How many Hongkongers will you push out of their homes? And if you say we should bus ...

  9. Comment - Insight & Opinion - JAKE'S VIEW

    Vital aspect missing from the Shanghai through train-trust

    Posted Nov 16th 2014, 06:16am by Jake Van Der Kamp

    ... to work. It relates the nominal performance of the Hong Kong economy to the record of the Hang Seng Index on the same basis of January 2000 equals 100. That stock market line bounces about a good deal but the link to the economy is clear. Tomorrow the Stock Connect through train is set to leave the station. Hong Kong and Shanghai will be able to trade each other's stocks through ...

  10. Business - Banking & Finance - JAKE'S VIEW

    Court of Final Appeal makes sense of money-laundering law

    Posted Nov 13th 2014, 05:38am by Jake Van Der Kamp

    ... are the proceeds of an indictable offence. Mr Pang arranged for two deposits totalling HK$14 million to be paid into one of his company accounts in Hong Kong through a close friend and business associate ... presented to the courts. In many of these cases, there may have been no underlying indictable offences. All that these people may have done is transfer money from mainland sources to Hong Kong ...




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