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  • September 18, 2014
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  1. Business - Economy - THE VIEW

    Cash subsidies go only so far in reducing poverty in Hong Kong

    Posted Jul 22nd 2014, 11:22am by Richard Wong

    ... Richard Wong The plight of the poor in Hong Kong needs to be addressed, but we must recognise that cash subsidies only go so far in alleviating the problem Poverty track Tackling poverty ... and enhance the capacity of the poor to become productive. Second is how to tackle the direct consequences of poverty. A poor person can only afford a low level of consumption. Giving him or her ...

    http://www.scmp.com/business/economy/article/1557146/cash-subsidies-go-only-so-far-reducing-poverty
  2. Business - Comment - MONITOR

    How to eradicate poverty - at least by the official definition

    Posted Oct 03rd 2013, 12:00am by Tom Holland

    ... Tom Holland Government's definition of who is poor in relative terms is puzzling but shows its concern over city's inequality, which has grown enormously How to eradicate poverty - at least by the official definition At the weekend, the Hong Kong government rolled out its latest big idea: an official poverty line. In its wisdom, the government decreed that anyone earning less ...

    http://www.scmp.com/business/article/1323068/how-eradicate-poverty-least-official-definition
  3. Business - Economy - MACROSCOPE

    Some thoughts on addressing Hong Kong's 'age-old' problem

    Posted Sep 11th 2014, 06:02am by DAVID DODWELL

    ... think you will need HK$40,000 a month, double the number. Retirement protection is not a poverty problem, even though the retired make up a big share of Hong Kong's poor. The rich worry about retirement protection just as much as the poor. Poverty problems need to be tackled separately- which suggests a careful look at Hong Kong's CSSA arrangements. Demographic changes ...

    http://www.scmp.com/business/economy/article/1589627/some-thoughts-addressing-hong-kongs-age-old-problem
  4. Business - Economy - JAKE'S VIEW

    Retire these amateurish efforts at pension reform

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

    ... developments in Hong Kong, members [of the commission on poverty] agreed that it has to be taken forward prudently and that more time is needed to examine the report and discuss relevant issues ... tomorrow. Proper respect and care for the aged, however, is far less important than pouring concrete. The commission on poverty obviously recognised this indubitable truth and balked at the cost. ...

    http://www.scmp.com/business/economy/article/1582903/retire-these-amateurish-efforts-pension-reform
  5. Business - Banking & Finance - FINANCE

    Chinaleaks: Hong Kong anti-poverty duo 'failed to declare ties to tax haven'

    Posted Jan 23rd 2014, 12:01am by Tanna Chong

    ... Tanna Chong tanna.chong@scmp.com Leaked papers reveal tycoon and union leader, who sit on commission to help poor, have links to companies in secretive British Virgin Islands Anti-poverty duo failed to declare ties to tax haven Two members of the government's Commission on Poverty failed to declare ties to companies registered in the secretive tax haven of the British ...

    http://www.scmp.com/business/banking-finance/article/1411334/tycoon-union-leader-failed-declare-ties-tax-haven-leaked
  6. Business - Economy - THE VIEW

    Way to help Hong Kong's elderly poor

    Posted Sep 10th 2014, 04:05am by Richard Wong

    ... Richard Wong Universal handouts are a costly approach to helping elderly poor but city should consider expanding health services and privatising public housing An age-old issue Public discussions of old age retirement support have always been confusing because they involve two concerns: alleviating poverty and getting votes (or building political support). In Hong Kong, ...

    http://www.scmp.com/business/economy/article/1588912/way-help-hong-kongs-elderly-poor
  7. Business - Companies

    Co-founder Simon Xie remains Alibaba's man of mystery

    Posted Sep 16th 2014, 03:23am by Reuters

    ... unchanged from the shy boy who grew up in poverty as one of four children in a town near the coast in Zhejiang province. Xie was introverted and studious, an above-average student with a preference ...

    http://www.scmp.com/business/companies/article/1593420/co-founder-simon-xie-remains-alibabas-man-mystery
  8. Business - Economy - THE VIEW

    What the minimum wage failed to do

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

    ... Richard Wong Hong Kong's three-year-old minimum wage has been ineffective and done little to alleviate poverty, despite its popularity among the city's politicians Poor choice ... to reduce poverty. Supporters say they increase the standard of living of workers and reduce poverty. But if economic and social policy is going to be decided in the interests of the public, ...

    http://www.scmp.com/business/economy/article/1561731/what-minimum-wage-failed-do
  9. 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

    ... poverty is a problem. Now let us assume that we put HK$200 billion into an old-age investment fund and target a return of 2 per cent a year, which is not high in ordinary times. This would yield ...

    http://www.scmp.com/business/economy/article/1584400/funding-must-be-front-and-centre-debate-third-runway
  10. 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. ...

    http://www.scmp.com/comment/insight-opinion/article/1581986/dont-change-listing-rules-until-lawyers-have-change-theirs

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