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  • November 29, 2014
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  1. Comment - Insight & Opinion - LEADER

    Despite higher costs, keep Hong Kong-Zhuhai-Macau bridge on track

    Posted Nov 16th 2014, 06:16am by SCMP Editorial

    ... to HK$35 billion should a request by the Transport and Housing Bureau for a further HK$5 billion be supported by lawmakers. Higher wages for construction workers and higher prices for machinery ...

  2. Comment - Insight & Opinion - LEADER

    With casino revenues falling, it's time for Macau to diversify its economy

    Posted Nov 16th 2014, 06:16am by SCMP Editorial

    ... SCMP Editorial Time for Macau to diversify Gaming industry analysts bet heavily against the house last month and got it right, with gross revenue at Macau's casinos plunging 23.2 per ... do nothing to raise spirits in Macau. The share prices of casino operators fell on the latest revenue figures, but not as much as the double-digit percentage falls on January 12, 2009, during ...

  3. Comment - Insight & Opinion - LEADER

    Repercussions of US political gridlock felt around the globe

    Posted Nov 06th 2014, 05:21am by SCMP Editorial

    ... the opposition makes gains. Republicans have won a majority in the Senate and tightened their grip on the House of Representatives, heightening the possibility of political paralysis. Before the poll, Barack Obama's Democratic senators could block proposals from the House; his options may now be only to sign or veto bills. It is no way for the world's most powerful nation ...

  4. Comment - Insight & Opinion - LEADER

    Online rogues tarnish reputation of Hong Kong's travel industry

    Posted Oct 31st 2014, 05:32am by SCMP Editorial

    ... The mushrooming of websites with one-stop services and price comparisons for different travel products testifies to the growing popularity and reliability of online booking. But the do-it-yourself ... The problem of misrepresented online sales also appears to be an issue of growing concern in Hong Kong. The Consumer Council had received 80 complaints against hotels and guest houses by the end ...

  5. Comment - Insight & Opinion - LEADER

    Policymakers should put trust in private sector

    Posted Oct 27th 2014, 04:06am by SCMP Editorial

    ... producer price deflation extended its record run, reflecting oversupply in key industrial sectors and a soaring debt burden that dampens the appetite for investment. So long as the government ... relaxation and stimulus such as easing pressure on bank liquidity and interest rates, boosting the supply of affordable housing for the poor and migrant workers, tax relief for job-creating small ...

  6. Comment - Insight & Opinion - LEADER

    For new Indonesian President Joko Widodo, the hard work starts now

    Posted Oct 24th 2014, 04:37am by SCMP Editorial

    ... majority, Subianto's Red-White Coalition having leadership of the House and People's Consultative Assembly, makes for a bleak future. Several key figures have said they will impede ... but face opposition. Price hikes on petrol and diesel are being counted on to fund grand infrastructure plans like ports, roads and railways. Endemic corruption has to be overcome. Widodo offers ...

  7. Comment - Insight & Opinion - LEADER

    Latest property market curbs welcome, but vigilance still needed

    Posted Feb 24th 2013, 12:00am by STAFF

    ... four months since he announced a 15 per cent stamp duty on home purchases by non-locals and companies. This raised concerns about a price breakout for commercial and industrial units. ... but not prices, which Tsang says have rallied by 120 per cent since 2008, including a 2 per cent rise last month. The new measures, targeting both the residential and commercial markets, are welcome, ...

  8. Comment - Insight & Opinion - LEADER

    Caution about Hong Kong's economic outlook is warranted

    Posted Aug 14th 2014, 04:29am by SCMP Editorial

    ... and Shanghai. Home owners could never have been happier; housing prices hit record highs in June. Continuing low interest rates make loans affordable. The warnings of rough times ahead by Financial ... stressed that the "through train" has risks and the economy could come under pressure, particularly the property market, should the US raise interest rates. Share prices have been lifted ...

  9. Comment - Insight & Opinion - LEADER

    After easy re-election, Macau leader now faces many challenges

    Posted Sep 03rd 2014, 05:06am by SCMP Editorial

    ... revenues, he no longer enjoys the social harmony his predecessor did. Economic growth and speedy development have brought with them a host of problems. Property prices have rocketed fivefold since ... more public housing, improve transport facilities and, above all, usher in a more open, democratic and fair society. ...

  10. Comment - Insight & Opinion - LEADER

    Beijing should resist pressure to turn on the fiscal tap

    Posted Jul 20th 2014, 04:13am by SCMP Editorial

    ... with the risk that cooling housing starts or export weakness could drive renewed growth deceleration. This sets the stage for the annual conclave of current and retired senior Communist Party officials ... by official data for new home prices last month. They showed that a record of nearly 80 per cent of the 70 major cities monitored by the National Bureau of Statistics suffered a month-on-month ...




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