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  • September 21, 2014
  • Last updated: 6:18am
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  1. Business - Comment - JAKE'S VIEW

    Hong Kong contractors' bid-rigging is behind rising prices

    Posted Sep 18th 2014, 05:57am by Jake Van Der Kamp

    ... at present, we face a mandatory do-it-now order and the contractors on the short qualifying list are all rubbing their hands. Their quotes have gone up as much as 90 per cent over just a year. Yes, ... and it is not bid-rigging that is pushing these quotes sky-high. No, it is just the unavoidable course of events and they can do nothing about it. Is this true? To the data. The blue line in the first chart shows ...

  2. Business - Comment - JAKE'S VIEW

    Hong Kong's anti-money-laundering laws make a mockery out of justice

    Posted Sep 16th 2014, 03:23am by Jake Van Der Kamp

    ... for the financial systems of countries that do not follow its dictates and it keeps regular tabs on how they are doing, measuring this to a large extent by how many people are sent to jail for how long. ... on FATF's imprisonment rating scale. We have taken away the requirement of an underlying crime. In our system you are guilty of laundering the proceeds of a crime if you look like you were doing it, ...

  3. Comment - Insight & Opinion - JAKE'S VIEW

    By delaying release of iPhone 6 in mainland China, Apple encourages fakes

    Posted Sep 14th 2014, 04:39am by Jake Van Der Kamp

    ... That'll teach them. But don't tell anyone that that's why we're doing it." Bad call, boys. Delay a product launch in China when the product is assembled in China and all you do ... immediately that I do not approve of faked medicines, faked packaged foods that contain toxins or faked flight-critical components of aircraft. But I do very much clap and cheer when fashion goods ...

  4. Business - Banking & Finance - JAKE'S VIEW

    Pay up for market information- don't expect it to be free

    Posted Sep 11th 2014, 06:02am by Jake Van Der Kamp

    ... free or, at least, that it should do so. It does not and should not. Market information is valuable and should be treated so. Take note here that I am not speaking of investment analysts' ... value is to arm fund managers who find themselves having to defend bad calls to their superiors- "What do you mean that I should never have bought Garborubbish Holdings? It was recommended ...

  5. Business - Comment - JAKE'S VIEW

    Housing- not science- is the best use of land at Science Park's fourth phase

    Posted Sep 09th 2014, 04:42am by Jake Van Der Kamp

    ... a man whose mother couldn't keep up with the family on her iPad and so he invented a way of letting her do it on television. Now it's a bright new Science Park start-up. How ... do achieve it and try to make anything of it outside Hong Kong, you will quickly find American patent trolls all over you, claiming that they thought of it first and demanding huge ransoms ...

  6. Comment - Insight & Opinion - JAKE'S VIEW

    Distant central bankers drive home prices up in Hong Kong

    Posted Sep 07th 2014, 03:56am by Jake Van Der Kamp

    ... of the more common reasons offered for the strength of our property market is that an inflow of hot money, principally from the mainland, is driving prices up. But hot money flows mostly do not go ... of the European Central Bank has now announced he will do his best to make sure that they never will. A great man. ...

  7. Business - Economy - JAKE'S VIEW

    Funding must be front and centre in debate on third runway

    Posted Sep 03rd 2014, 02:18pm by Jake Van Der Kamp

    ... dolphin is a red herring, a cynical ploy by airport and airline lobbyists for the third runway to divert the debate to an area of contention where they know they can win. I do not dismiss white ... rejected (but has not yet admitted doing so) a scheme to pay everyone over the age of 65 a pension of HK$3,000 a month. I myself thought it a poorly considered scheme, but I accept that old-age ...

  8. Business - Economy - JAKE'S VIEW

    Retire these amateurish efforts at pension reform

    Posted Sep 01st 2014, 02:33pm by Jake Van Der Kamp

    ... by screening to ensure that the money goes to the needy? In answer to these questions, Professor Chow only makes the large assertions that doing without means testing "would not affect the overall ... And how is social harmony promoted by a heavy payroll tax to fund it all? Do tell us. But that's it, that's everything, just several bald statements unsupported by research or data. ...

  9. Comment - Insight & Opinion - JAKE'S VIEW

    Don't change listing rules until lawyers have to change theirs

    Posted Aug 31st 2014, 05:23am by Jake Van Der Kamp

    ... nothing beats boring companies that do boring things. They make you money. IT loses you money. Don't believe me? Welcome to poverty. And let's get it straight about Alibaba, too. ...

  10. Comment - Insight & Opinion - JAKE'S VIEW

    Council proposals won't do much for investor protection

    Posted Jun 22nd 2014, 03:15am by Jake Van Der Kamp

    ... Jake van der Kamp Council proposals won't do much for investor protection Hong Kong's Financial Services Development Council proposed yesterday the creation of several new ... have already said no to this idea, and said it resoundingly. If you want to dive for the bottom, go to Singapore. They don't have much in the way of scruples down there. We do. We may ...




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