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  • August 22, 2014
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  1. News - Hong Kong - SOCIETY

    Proposed HK$3,000-a-month pension 'could be cut in tough economic times'

    Posted Aug 21st 2014, 12:35pm by Phila Siu

    ... the recommendation said. Projections show that the pension pool would collect less money than it pays out beginning in 2026, under the proposal drawn up by the government-commissioned team. But a public ... schemes, including Comprehensive Social Security Assistance, were slashed by 13 per cent. And the public accepted it." On criticism of why the proposal encompassed the city's rich, Chow ...

    http://www.scmp.com/news/hong-kong/article/1578366/proposed-hk3000-monthly-pension-could-be-lowered-tough-economic-times
  2. Comment

    Let's not be duped by fake economic argument for no limits on mainland visitors

    Posted Aug 22nd 2014, 02:29pm by Michael Chugani

    ... Michael Chugani Michael Chugani says the facts don't support vested interests' warning of an economic collapse if we try to curb mainland visitor numbers Fear and fiction ... these fearmongers is that they focus only on the economic aspect without giving a damn that the flood has affected the quality of life of ordinary Hongkongers. They use the fake argument that no place ...

    http://www.scmp.com/comment/article/1579105/lets-not-be-duped-fake-economic-argument-no-limits-mainland-visitors
  3. News - China - ECONOMY

    Top Communist Party official's inclusion on task force reflects China's economic concerns

    Posted Aug 21st 2014, 05:02am by Cary Huang

    ... Cary Huang cary.huang@scmp.com Top party official's new appointment suggests Xi is prioritising reform and development Liu's inclusion on task force reflects economic concerns The inclusion of top party official Liu Yunshan in an influential macroeconomy task force suggests the new leadership under President Xi Jinping has attached greater importance to economic work ...

    http://www.scmp.com/news/china/article/1577934/top-communist-party-officials-inclusion-task-force-reflects-chinas
  4. Business - Economy - ECONOMY

    Beijing's economic growth targets are too high, IMF says

    Posted Jul 31st 2014, 11:26am by Victoria Ruan

    ... creating a level playing field for the private and public sectors and revamping the fiscal and social security systems. Growth is forecast to gradually ease to 6.3 per cent by 2019, the bank said. ...

    http://www.scmp.com/business/economy/article/1563293/imf-recommends-lower-2015-gdp-growth-target-china
  5. Business - Economy - ANALYSIS

    Asset bubbles risk deflating global economic recovery, warn analysts

    Posted Jul 28th 2014, 04:26am by AFP

    ... Agence France-Presse in Paris Analysts warn that surging stock indices are creating the conditions for a new market crash Asset bubbles risk deflating global economic recovery In a world ... market crash. The Bank of International Settlements (BIS) warned at the end of last month that financial markets were running ahead of economic reality, and called for governments to stop new ...

    http://www.scmp.com/business/economy/article/1560686/asset-bubbles-risk-deflating-global-economic-recovery-warn-analysts
  6. Comment - Insight & Opinion - LEADER

    Battle over state-owned enterprises an issue of fair trade versus economic reality

    Posted Jul 21st 2014, 03:59am by SCMP Editorial

    ... SCMP Editorial Fair trade versus economic reality The status of state-owned enterprises- a long-standing source of trade disputes- has been one of the most contentious issues facing ... from China and India. The ruling, which can be appealed, rejects Washington's claim that the enterprises that produced them were "public bodies" and that they enjoyed state ...

    http://www.scmp.com/comment/insight-opinion/article/1556749/battle-over-state-owned-enterprises-issue-fair-trade-versus
  7. News - Asia - PHILIPPINES

    Benigno Aquino faces impeachment action over economic stimulus fund

    Posted Jul 21st 2014, 10:49pm by Raissa Robles

    ... controversial economic stimulus package represents a "culpable violation of the constitution" and "betrayal of public trust". The complaint, filed yesterday, is also backed by some ... knew DAP was wrong and yet he did it." The DAP is Aquino's 144 billion peso (HK$25.5 billion) Disbursement Acceleration Programme, an economic stimulus package which Aquino said ...

    http://www.scmp.com/news/asia/article/1557065/benigno-aquino-faces-impeachment-action-over-economic-stimulus-fund
  8. News - Asia

    Widodo targets rapid economic growth to boost Indonesia's standing

    Posted Jul 23rd 2014, 11:21pm by BLOOM

    ... Bloomberg Widodo sets ambitious economic growth target President-elect Joko Widodo says he's aiming for a pace of economic Indonesia hasn't seen since before the 1990s Asian ... economy could achieve such an expansion in two years, the Jakarta governor said. While Indonesia has lured record overseas investment in recent years, supply bottlenecks and limited public ...

    http://www.scmp.com/news/asia/article/1557682/widodo-targets-rapid-economic-growth-boost-indonesias-standing
  9. News - Hong Kong - CULTURE

    Local 'Oscars for books' awards call on public, experts to vote for winners

    Posted Aug 08th 2014, 05:28am by Oliver Chou

    ... and the public. The first Hong Kong Golden Book Award- dubbed the city's "Oscars for books" by the organisers- has shortlisted for competition 158 new titles launched since last year. Readers can vote online between Monday and August 31 in four categories: literature, comics, health and culture and politics and economics. The top 10 titles with the most votes from adjudicators ...

    http://www.scmp.com/news/hong-kong/article/1568552/local-oscars-books-awards-call-public-experts-vote-winners
  10. News - World - FRANCE

    French president calls on people to love their country amid economic gloom

    Posted Jul 15th 2014, 01:45am by AFP

    ... on the president's televised interview- an annual tradition on France's national day and his first media outing in over two months. Acknowledging that economic recovery in France was "too weak, too ... breaks funded by cuts in public spending with no obligation to do anything in return. In a bid to appease critics, Hollande pledged to cut taxes next year for "several hundred thousand" ...

    http://www.scmp.com/news/world/article/1554388/french-president-calls-people-love-their-country-amid-economic-gloom

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