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  • July 14, 2014
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Results 1 - 10 of 80 for ministry of land and resources

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  1. Business - Comment - MONITOR

    Fears over a 'tail risk' hard landing in China are growing

    Posted Feb 20th 2014, 01:10am by Tom Holland

    ... Tom Holland Any slump in the mainland economy will inevitably cause casualties including Hong Kong because of the banking sector’s exposure Fears over a 'tail risk' hard landing ... probable outcome for the Chinese economy, it remains a possibility. And the effects should China experience such a hard landing would be so severe and so widespread that the scenario, unlikely ...

  2. Business - Comment - MONITOR

    We don't need a Future Fund. The future is already upon us

    Posted Mar 05th 2014, 01:34am by Tom Holland

    ... Tom Holland HK government should make better use of its existing resources and assets to meet the spending needs arising from an ageing population We don't need a Future Fund. ... Fund can only be used for their designated purposes, they insist. Meanwhile, the HK$220 billion held in the Land Fund "has no authorised use" and therefore cannot be used at all. ...

  3. Business - Comment - MONITOR

    Tsang's vision of Hong Kong's future is severely out of focus

    Posted Feb 27th 2014, 01:23am by Tom Holland

    ... To fund all that building, the government ring-fenced its income from land sales and lease modifications and earmarked it for spending only on capital works projects. The idea was a roaring ... physical infrastructure. We will, however, have to spend a lot more on health care and welfare for the elderly. Yet the government continues to segregate its land revenues and to insist they can ...

  4. Business - Comment - MONITOR

    It's not heresy to expect grand projects to pay for themselves

    Posted Feb 28th 2014, 01:01am by Tom Holland

    ... of the government's stubborn insistence on segregating the 20 per cent of its total revenues derived from land premium payments and spending them only on new infrastructure projects, which Hong Kong will need less and less as the population ages. Remove this artificial distinction between capital and recurrent revenue, Monitor suggested. Collect land premium as regular income streams rather than ...

  5. Business - Economy - MONITOR

    Immigration and reclamation won't raise living standards

    Posted Feb 18th 2014, 04:34am by Tom Holland

    ... Tom Holland Our financial secretary wants to import more workers and create land, but Singapore's experience shows that will not make Hongkongers richer Immigration and reclamation ... rate. Singapore, he claimed, had achieved its enviable growth by adding some 1.2 million immigrants to its workforce while increasing its land area by 30 square kilometres through massive ...

  6. Business - Comment - MONITOR

    Hong Kong needs a fresh policy on water before the taps run dry

    Posted Jan 09th 2014, 12:15am by Tom Holland

    ... Civic Exchange contrasts Hong Kong's water policy, or lack of it, unfavourably to the approach taken in Singapore, where everything to do with water is the responsibility of the Ministry of the Environment and Water Resources. At independence 50 years ago, Singapore relied on imports for its entire water supply. In recent years, however, the government has introduced incentives to cut ...

  7. Business - Comment - MONITOR

    To think clearly, our officials should stand on their heads

    Posted Jan 20th 2014, 12:15am by Tom Holland

    ... advisers said that the government's lump sum revenues from land sales should be firmly ring-fenced, otherwise they might be frittered away on the city's everyday spending. "We ... land sales and land premium payments are volatile. Therefore they are unsuitable for funding operational spending, and must be set aside and used only for capital projects, such as the new ...

  8. Business - Money - MONITOR

    No need to panic over slide in stock markets

    Posted Feb 05th 2014, 05:37am by Tom Holland

    ... Sure, slower growth in China will dent commodity prices, which will hurt resource exporters. But for much of the rest of the world, including many emerging markets, lower commodity prices would ...

  9. Business - Comment - MONITOR

    The essential financial reform Beijing cannot afford to ignore

    Posted Jan 28th 2014, 01:27am by Tom Holland

    ... the tax's abolition as both farsighted and liberal-minded. Freed of the hated tax, farmers were encouraged to invest more in their land and to increase their use of fertiliser. Over the next couple ... value in terms of generating regular income. On the other hand, they could sell it to private companies for development. Even better, they could set up their own companies and hand them the land ...

  10. Business - Comment - MONITOR

    The US$50b a year reason China's elite love tax havens

    Posted Jan 23rd 2014, 01:13am by Tom Holland

    ... including a whole range of tax breaks and exemptions. Alongside cheap land and discounted energy bills, some local governments allow foreign-invested enterprises to import capital goods without ...




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