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  1. Business - Economy

    Party like it's 2007 again? Don't hold your breath

    Posted Mar 26th 2014, 01:30pm by DAVID DODWELL

    ... mainland exporters delivered consumer goods much more cheaply than would have been possible if purchasers had been at the mercy of local labour forces practised in the art of annual wage increases. ... hard, forced shutdowns of factories reliant on low-cost labour, intensified focus on productivity and efficiency improvements, and driven a shift into higher-technology, higher-value-adding ...

  2. Business - Economy

    Private schools, dental visits fuel Australian inflation, pushing interest rate cuts off the table

    Posted Feb 03rd 2014, 03:18pm by Reuters

    ... very “sticky” despite sluggish wage growth and falling unit labour costs. Until last year, a strong Australian dollar had flattered the picture by tamping down prices for imported goods. ...

  3. Inflation risk remains despite productivity growth in labour force

    Posted Nov 03rd 2007, 12:00am by Staff Reporter

    ... Maria Chan Hong Kong's inflation is set to rise despite strong labour productivity growth providing a moderating force, according to the Hong Kong Monetary Authority. Nevertheless, ... cent in September, after removing the effect of one-off government relief measures. However, the de facto central bank also said labour productivity had been growing at an average annual rate ...

  4. Weak currency to blame for rising labour costs

    Posted Apr 07th 2008, 12:00am by Jake Van Der Kamp

    ... exchange rate that is driving inflation up. Citing academic studies, he says it is rather the fact that labour costs are rising rapidly and now outstripping labour productivity gains. The solution, therefore, is to improve labour productivity. Have you got that, you lazy wage slaves? You're not working hard enough. That's the reason prices are rising. Now put your shoulders into it. ...

  5. Mainland far from labour turning point

    Posted Nov 20th 2007, 12:00am by Tom Holland

    ... in sufficient numbers. Since then, industrial wages have risen steeply (see charts). But labour shortages are worse than ever; according to one recent survey, only 22 per cent of companies are fully staffed. These trends have prompted Cai Fang, director of the Population and Labour Economics Institute at the Chinese Academy of Social Sciences, to warn that the mainland may be nearing its ...

  6. Comment - Letters

    Hong Kong not gaining from peg

    Posted May 06th 2013, 12:00am by LETTERS

    ... such as Bermuda, Antigua and Barbuda, and the Cayman Islands. The peg increases inflation, due to our inability to adjust the upward strength of the Hong Kong dollar. Whatever labour productivity gains ... from outside Hong Kong to buy our assets and pay for our labour at a discounted price. The more productive we are, the cheaper it becomes relatively for others overseas. We are priced out from ...

  7. Comment - Insight & Opinion

    Talking points

    Posted Apr 09th 2013, 12:00am

    ... by taking a more conciliatory tone on arrangements for universal suffrage for the 2017 chief executive election than some of her colleagues in the pan-democratic camp. ...

  8. News - Business - ECONOMY

    Economic growth slows in first quarter as inflation looms

    Posted May 11th 2013, 12:00am by Dennis Chong, Stuart Lau

    ... and contributed to the "brisk" 7 per cent growth in private consumption. "With improvements in income and a stable labour market, people are more willing to spend," she said. Chan ...

  9. Business - Economy - ECONOMY

    People's Bank of China sounds alarm over inflationary pressures

    Posted Feb 07th 2013, 10:59am by Daniel Ren, Sean Kennedy

    ... for the previous months showed an upward trend in the economy. However, inflation resulting from higher commodity prices could become a threat as soaring raw material and labour costs would eat into companies' profits while leading to a hard landing. The central bank said the short supply of labour would also cause price rises in labour-intensive and service industries, as businesses increased ...

  10. Business - Economy - LABOUR

    Work-cheap model hits Singapore inflation wall

    Posted Dec 07th 2012, 12:00am by Bloomberg

    ... labourers whose cheaper wages have helped restrain inflation express dissatisfaction with their incomes. "All price go up, only salary no up," Delowar Hussin, a Bangladeshi labourer, said ... in the labour market will support slightly stronger wage increases in 2013, which will be passed to consumers, the central bank and Trade Ministry said last month. ...




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