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  • August 2, 2014
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  1. Business - Comment - JAKE'S VIEW JAKE

    Jobs cry an excuse to continue income disparity

    Posted May 22nd 2014, 01:15am by Jake Van Der Kamp

    ... Jake van der Kamp jake.vanderkamp@scmp.com HK needs to rise to the level of the great democracies if everyone is to have a better life Jobs cry an excuse to continue income disparity ... is that they have the time and energy to do it after the daily grind of just staying alive and hiding from the exactions of the more powerful. The great democracies generally have better income equality. ...

  2. Comment - Letters

    Pilot scheme would help couples on lower incomes own a home

    Posted Apr 24th 2014, 03:47am by LETTERS

    ... SCMP Editorial Pilot scheme would help couples on lower incomes own a home The Hong Kong Civic Association supports the suggestion of the steering committee on population policy in its ... Young working couples in the lower middle-income class in Hong Kong's population profile are undeniably important to the future growth and prosperity of the Hong Kong SAR. Support ...

  3. Business - Economy - THE VIEW

    What the minimum wage failed to do

    Posted Jul 29th 2014, 11:48am by Richard Wong

    ... for workers Concern about the ability of markets to provide income equity for the least able members of the workforce has given the minimum wage its strong social appeal. Statutory minimum wages were ... enacted a minimum wage law in May 2011. Has this helped low-income households and reduced income inequality? A preliminary answer to this question can be gleaned from the data in the General ...

  4. Comment - Insight & Opinion

    Growth in emerging economies can help to close rich-poor gap globally

    Posted Jul 14th 2014, 03:24am by Andrew Hammond

    ... Andrew Hammond Andrew Hammond says one proviso is that income inequality within countries must be arrested Growth in emerging economies can help to close the rich-poor gap globally ... centuries, overall global income inequality appears to be declining for the first time. And the BRICS, especially China and India, have been key in driving this mega trend. The forces that determine ...

  5. Comment - Insight & Opinion

    China must upgrade growth strategy to avoid economic stagnation

    Posted Jul 31st 2014, 05:54pm by PROJECT SYNDICATE

    ... high-income status Room to grow It is widely agreed that economic development means more than GDP growth. As China is now learning, one does not guarantee the other. Unless China's leaders upgrade the country's growth strategy to stimulate technological progress and structural transformation, high-income status will continue to elude the world's second- largest economy ...

  6. Comment - Insight & Opinion

    Steep management fees defeat purpose of providing affordable homes

    Posted Jul 31st 2014, 04:26am by SCMP Editorial

    ... with great effort. Emptying one's savings for a down payment is usually just the beginning. Mortgage repayments can be so steep they often eat up a big chunk of monthly incomes. Those priced out ... for future projects will not go over the top. Otherwise it defeats the purpose of providing affordable housing to low-income earners. ...

  7. Comment - Insight & Opinion

    Tenants should pay fair share for public housing

    Posted Jul 08th 2014, 04:32am by SCMP Editorial

    ... SCMP Editorial Fair shares in public housing Public housing is made for low income earners. That it is heavily subsidised by public funds means it should be managed with fiscal prudence. When tenants face difficulties, concessions are provided to ease their burden. When their incomes increase, it makes sense to charge more. Under a revised formula in 2008, rent will be adjusted ...

  8. Comment - Insight & Opinion

    Employees and bosses still along way apart on working hours law

    Posted Aug 02nd 2014, 04:42am by SCMP Editorial

    ... than a minimum wage in that it affects not just low-income earners. The issues involved are also more complex. For instance, should working hours take into account rest and meal breaks? Would ...

  9. Comment - Insight & Opinion - MY TAKE

    Meat of the McDonald's problem lost in McFlurry

    Posted Aug 01st 2014, 03:55am by Debasish Roy Chowdhury

    ... by next year. Comparing the number of fast food transactions with body mass index (BMI) in 25 high-income countries between 1999 and 2008, WHO researchers found that as the average number ...

  10. Property - Hong Kong & China - BRICKS & MORTAR

    Mainland students renting rooms rather than flats in Hong Kong

    Posted Jul 28th 2014, 11:56am by Sandy Li

    ... of these landlords are elderly people, and their children have either married or moved out. They then lease out the spare room to earn some income," said one agent. Previously, mainland students ...




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