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  • September 20, 2014
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  1. Business - Comment - JAKE'S VIEW

    Hong Kong contractors' bid-rigging is behind rising prices

    Posted Sep 18th 2014, 05:57am by Jake Van Der Kamp

    ... you the deflator index for private construction costs in Hong Kong. It is taken from the gross domestic product figures and based on a value of 100 for September 2003, the approximate ... restrained. Portland cement is portland cement around the world. It is thus my belief that the cartel operations so prevalent in Hong Kong construction extend to rigging of materials prices ...

    http://www.scmp.com/business/article/1594838/hong-kong-contractors-bid-rigging-behind-rising-prices
  2. Business - Comment - JAKE'S VIEW

    Hong Kong's anti-money-laundering laws make a mockery out of justice

    Posted Sep 16th 2014, 03:23am by Jake Van Der Kamp

    ... the Hollywood pseudonym of Tony Corleone (stop laughing), pinned a Hong Kong money-laundering charge on a Slovakian citizen who last week was jailed for four years. Score another for the angels ... evaluation. Hong Kong had best ready itself. We practice a gross breach of one of its most fundamental principles of rule of law And Hong Kong has. We have found an easy way to score high ...

    http://www.scmp.com/business/article/1593408/hong-kongs-anti-money-laundering-laws-makes-mockery-out-justice
  3. 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 ...

    http://www.scmp.com/comment/insight-opinion/article/1586672/distant-central-bankers-drive-home-prices-hong-kong
  4. Business - Comment - JAKE'S VIEW

    Let the Hong Kong taxpayer off the hook for a new runway, please

    Posted Aug 12th 2014, 12:25am by Jake Van Der Kamp

    ... the issues. Here is an example: "Besides, it would be inconvenient and time-consuming if travellers had to use [Pearl River Delta] airports instead of our own airport in Hong Kong." I agree. ... the convenience, shouldn't you be the one who pays the price? Why should the Hong Kong taxpayer pay it for you? The issue here is not primarily the Chinese white dolphins (CWDs, as these sponsored ...

    http://www.scmp.com/business/article/1571636/let-hong-kong-taxpayer-hook-new-runway-please
  5. Comment - Insight & Opinion - JAKE'S VIEW

    Employers, and not just the minimum wage, distort Hong Kong labour market

    Posted Aug 10th 2014, 04:50am by Jake Van Der Kamp

    ... to a least a streak of courage by disputing economic matters with one of Hong Kong's most eminent economists. While driving along South Bay Road the other day I had to swerve around an old man, ... wage was first proposed years ago because senior government officials recognised it as a disgrace to Hong Kong that so many elderly people were employed as toilet cleaners and rubbish ...

    http://www.scmp.com/comment/insight-opinion/article/1570078/employers-and-not-just-minimum-wage-distort-hong-kong-labour
  6. Business - Comment - JAKE'S VIEW

    Hong Kong government's reserves are not big enough to fight 'financial predators'

    Posted Jul 31st 2014, 01:01am by Jake Van Der Kamp

    ... predators. The operation involved the Exchange Fund's acquisition of HK$118 billion of Hong Kong equities. In the end, the financial predators were successfully driven off and financial ... if they think you are rigging Hong Kong's financial markets. You are safe from them if they think you run an honest show and are not indulging your vanity with unsupportable interventions. Please ...

    http://www.scmp.com/business/article/1563045/hong-kong-governments-reserves-are-not-big-enough-fight-financial-predators
  7. Business - Comment - JAKE'S VIEW

    Hong Kong goes with the flow and reaps the rewards of capital movements

    Posted Jul 29th 2014, 01:04am by Jake Van Der Kamp

    ... Jake van der Kamp Head scratching in HKMA can make way for reality of mainland-bound capital movements How HK goes with the flow and reaps the rewards Hong Kong must stay alert to the possibility of large capital outflows even as its currency has had unusual strength recently due to inflows for acquisitions, share dividends and related transactions, an official of the Hong Kong ...

    http://www.scmp.com/business/article/1561436/hong-kong-goes-flow-and-reaps-rewards-capital-movements
  8. Business - Comment - JAKE'S VIEW

    China risk is the real worry for Hong Kong banks

    Posted Jul 17th 2014, 01:09am by Jake Van Der Kamp

    ... is the real worry for HK lenders [Hong Kong Monetary Authority chief executive Norman Chan, in an article posted yesterday on the website of the city's de facto central bank, wrote that... ... Front page, July 15 Let's get one thing straight about Hong Kong mortgages right away. They are among the soundest asset any bank anywhere has ever had and they have always been so. ...

    http://www.scmp.com/business/article/1555497/china-risk-real-worry-hong-kong-banks
  9. Business - Comment - JAKE'S VIEW

    Keep Hong Kong airport for wide-body jets and ditch need for third runway

    Posted Jul 15th 2014, 01:17am by Jake Van Der Kamp

    ... Kok and they now consider the privilege their right. But there is a very good way of letting the truth out here. Let the mighty Hong Kong dollar speak. If the airlines think that a third ...

    http://www.scmp.com/business/article/1554322/keep-hong-kong-airport-wide-body-jets-and-ditch-need-third-runway
  10. Comment - Insight & Opinion - JAKE'S VIEW

    My seven hours on July 1 march was worth it for Hong Kong

    Posted Jul 06th 2014, 03:47am by Jake Van Der Kamp

    ... Jake van der Kamp Seven hours on the march was worth it for Hong Kong I went on the democracy march on Tuesday, start to finish, from Holding Pen No. 1 in Victoria Park to the corner ... that democracy is essential to Hong Kong's continued prosperity. I think it is essential to China's, too, but that's another matter. Hong Kong is my home. I have lived here for 35 years ...

    http://www.scmp.com/comment/insight-opinion/article/1547561/my-seven-hours-july-1-march-was-worth-it-hong-kong

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