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  • August 29, 2014
  • Last updated: 12:14pm
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Results 1 - 10 of 28 for societe generale

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  1. 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

    ... infrastructure spending to soar from a record HK$78 billion in the coming financial year to a gobsmacking HK$515 billion in 2041- before factoring in general inflation. Their proposal would lock ... for supporting regular spending, they say, is the HK$394 billion held in the general revenue account. The HK$132 billion of additional reserves squirrelled away in accounts like the Capital Works Reserve ...

  2. Business - Comment - MONITOR

    Fiscal report based on lunatic projection of capital spending

    Posted Mar 04th 2014, 05:09am by Tom Holland

    ... this runaway escalation in infrastructure spending by arguing that construction costs tend to rise faster than general inflation. As a result, the report says that to maintain a constant level ... costs have indeed risen faster than general inflation, but that's largely because the Hong Kong government has been spending so heavily on its pet construction projects that it has pushed ...

  3. Business - Economy - MONITOR

    Continued yuan appreciation is no longer such a sure thing

    Posted Feb 10th 2014, 04:31am by Tom Holland

    ... is still subject to restrictions on its convertibility, it is doubly difficult. But we can still get a good general idea of whether the currency is undervalued or overvalued. At the end of 1993 ...

  4. Business - Banking & Finance - MONITOR

    Four reasons the yuan will struggle to gain acceptance

    Posted Feb 06th 2014, 04:24am by Tom Holland

    ... share of official reserves by half. Each of these episodes has lessons for China today. To get its currency generally accepted around the world, a country needs more than a widespread ...

  5. Business - Money - MONITOR

    No need to panic over slide in stock markets

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

    ... a general panic in the markets. This time, however, they are hard put to agree on a clear reason for the sell-off. It's easy enough to point to possible triggers. The trouble is there are so ...

  6. Business - Comment - MONITOR

    By avoiding a small crisis now China risks a big one in future

    Posted Jan 29th 2014, 05:02am by Tom Holland

    ... suffered a general seizure, as international markets did following the implosion of Lehman Brothers in October 2008, would have been minimal. In short, the risk of a default would have been ...

  7. Business - Comment - MONITOR

    Spending on old folks isn't the problem- it's the solution

    Posted Jan 14th 2014, 01:37am by Tom Holland

    ... continues to outstrip general consumer inflation by the same rate as it has done since 2000. As a result, a back of the envelope estimate shows Hong Kong's health bill rising from HK$112 ...

  8. Business - Economy - MONITOR

    CY's policies will exacerbate city's coming down-cycle

    Posted Jan 16th 2014, 02:36am by Tom Holland

    ... within the limits of revenue. It requires us not only to control expenses, but also to increase revenue." When politicians talk about increasing revenue, they generally mean raising taxes. ...

  9. Business - Comment - MONITOR

    A healthy China would set interest rates at 10 per cent

    Posted Jan 05th 2014, 11:49pm by Tom Holland

    ... loose for far too long. Analysts generally reckon that for an economy to be healthy, benchmark interest rates should be set at roughly the same level as the nominal rate of output growth- ...

  10. Business - Economy - MONITOR

    Occupy Central is no threat to Hong Kong's economy

    Posted Nov 28th 2013, 04:17am by Tom Holland

    ... generally fall in the third quarter of the year, from July to September. On average, since 1990, Hong Kong Observatory has hoisted typhoon signal eight or higher for 14 hours 35 minutes during ...




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