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  • October 2, 2014
  • Last updated: 12:50pm
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  1. Business - Comment - MONITOR

    Claims for economic freedom index simply don't stand up

    Posted Jan 15th 2014, 01:30am by Tom Holland

    ... On Liberty, for daring to suggest that because trade is a social rather than personal act, it should be subject to social control and regulation. The foundation's researchers have no doubts. ...

  2. Business - Comment - MONITOR

    British model of governance is nothing for Hong Kong to boast about

    Posted Dec 05th 2013, 06:00am by Tom Holland

    ... with the British government's enthusiasm for commissioning huge, complex and enormously costly computer systems which then completely fail to work. There was the purchase of a new system to keep track ... scrapped after the government had spent £469 million. Finally, there was the grand-daddy of them all, the giant £2 billion project, backed by Tony Blair, to create a single computer system ...

  3. Business - Comment - MONITOR

    Shareholders must have right to hold managers to account

    Posted Oct 28th 2013, 04:32am by Tom Holland

    ... million of his shareholders' money in a computer animation company founded by his 24-year-old son. The accountant explained in detail why he thought the report had misrepresented what he ... Incidentally, within months, Boto had sold its Christmas tree business, renamed itself Imagi and refocused itself on computer animation. Its shares have since fallen 97 per cent. tom.holland@scmp.com ...

  4. Business - Comment - MONITOR

    Privacy Commissioner publicly ventures into surreal territory

    Posted Feb 19th 2013, 12:00am by Tom Holland

    ... sources. Webb removed the list after receiving an e-mail message from the city's Office of the Privacy Commissioner for Personal Data (PCPD) warning him that by re-publishing publicly ... that requiring company directors to disclose their identity card numbers in the Companies Registry is a gross intrusion into their personal privacy is a load of nonsense. But the commissioner's ...

  5. Business - Banking & Finance - MONITOR

    Hong Kong should scrap its stamp duty on share trading

    Posted Oct 18th 2013, 04:31am by Tom Holland

    ... in Hong Kong's market. These are fund managers who use computer programs to trade large quantities of shares at lightning speeds in an attempt to profit from momentary small mis-pricings. ...

  6. Business - Economy - MONITOR

    Why 4 per cent annual growth will be great news for China

    Posted Oct 07th 2013, 12:00am by Tom Holland

    ... even be a little less, perhaps 7.4 per cent. Depending on their own personal views- and of course on their sophisticated mathematical models- investment bank economists take their best stab ...

  7. Business - Comment - MONITOR

    Hong Kong just following mainland in rejection of transparency

    Posted Feb 20th 2013, 12:00am by Tom Holland

    ... Tom Holland If Hong Kong conceals company directors' ID card numbers, it will merely assist criminal activities among officials and businessmen HK just following mainland in rejection of transparency In proposing to conceal the identity card numbers ...

  8. Business - Comment - MONITOR

    Ask yourself this morning: Is my job a load of billshut?

    Posted Sep 17th 2013, 12:00am by Tom Holland

    ... he writes. "What would happen were this entire class of people to simply disappear?" It might sound a novel idea, but Graeber is not the first person to wonder this. As long ago ...

  9. Business - Comment - MONITOR

    Illuminating confessions from a shadow banker

    Posted May 15th 2013, 12:00am by Tom Holland

    ... economy itself. This disagreement isn't too surprising. By definition, shadow banking is a murky business, opaque to outsiders and often poorly understood by its own participants. One person ... for themselves personally when the borrower finally listed. Other proposed deals turned out to be even more murky. For example, there was the private equity investor who had used his connections ...

  10. Business - Comment - MONITOR

    The indebted consumer's guide to growth in China

    Posted Apr 19th 2013, 12:00am by Tom Holland

    ... is growing by HK$100,000 a year, your spending is constant. There is no growth in your personal economy. Only if the bank increases the rate at which it expands your credit line, say by giving you ... will have to contract, falling to HK$400,000 in line with your salary. Although your stock of credit remains constant, your personal economy will suffer a severe recession. As with indebted ...




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