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  • August 30, 2014
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  1. Business - Comment - JAKE'S VIEW

    Haeco grounded by elite bank jobs that pay more

    Posted Aug 14th 2014, 12:34am by Jake Van Der Kamp

    ... must first be a separate listed company. Many are not. Total revenues or maintenance hours would be a better measure. But Hong Kong Aircraft Engineering Company is still a company that has ... doesn't make sense to have such a big maintenance centre here any longer. Hong Kong people just don't want the jobs. They want to work in banks and Haeco won't make you rich. In a bank ...

    http://www.scmp.com/business/article/1573126/haeco-grounded-elite-bank-jobs-pay-more
  2. Comment - Insight & Opinion - JAKE'S VIEW

    My seven hours on July 1 march was worth it for Hong Kong

    Posted Jul 06th 2014, 03:47am by Jake Van Der Kamp

    ... Jake van der Kamp Seven hours on the march was worth it for Hong Kong I went on the democracy march on Tuesday, start to finish, from Holding Pen No. 1 in Victoria Park to the corner ... hours of standing or shuffling slowly along a 7km route, carrying two litres of water in my backpack, no chance to sit down for a rest, soaking wet the whole time because I was caught out ...

    http://www.scmp.com/comment/insight-opinion/article/1547561/my-seven-hours-july-1-march-was-worth-it-hong-kong
  3. Business - Comment - JAKE'S VIEW

    Let the Hong Kong taxpayer off the hook for a new runway, please

    Posted Aug 12th 2014, 12:25am by Jake Van Der Kamp

    ... of arguable discount rates. Get the resulting figure up to a believable HK$200 billion and the third runway can be a goer. My guess is that it can be made to work at an extra ticket cost of somewhere ...

    http://www.scmp.com/business/article/1571636/let-hong-kong-taxpayer-hook-new-runway-please
  4. Comment - Insight & Opinion - JAKE'S VIEW

    Why HK needs to be cautious about deposit guarantee

    Posted Aug 04th 2014, 03:14pm by Jake Van Der Kamp

    ... it and at the first hint of bad times Norman would put it all in place again anyway. It bespeaks a dangerous misunderstanding of how financial markets work but what can one expect from a career civil servant with a degree in sociology and only 19 months of sitting behind a desk at Standard Chartered ("Just sit behind that desk, Norman") as the sum total of his real world experience? He might have ...

    http://www.scmp.com/comment/insight-opinion/article/1566181/why-hk-needs-be-cautious-about-deposit-guarantee
  5. Comment - Insight & Opinion - JAKE'S VIEW

    Employers, and not just the minimum wage, distort Hong Kong labour market

    Posted Aug 10th 2014, 04:50am by Jake Van Der Kamp

    ... of the minimum wage as a broad social measure, and Richard Wong may be right in saying it does not work as such. But if it succeeded in easing the plight of elderly toilet cleaners, and it did, ... the Hong Kong government aggressively to allow in migrant labour whenever a booming economy pushes down unemployment and puts pressure on them to raise wages. I have nothing against the working ...

    http://www.scmp.com/comment/insight-opinion/article/1570078/employers-and-not-just-minimum-wage-distort-hong-kong-labour
  6. Business - Comment - JAKE'S VIEW

    Hong Kong government's reserves are not big enough to fight 'financial predators'

    Posted Jul 31st 2014, 01:01am by Jake Van Der Kamp

    ... of new housing. Financial predators were not driven off in 1998. There were none, only a few young yahoos It then occurred to a small clique of young yahoos working for some of the investment ...

    http://www.scmp.com/business/article/1563045/hong-kong-governments-reserves-are-not-big-enough-fight-financial-predators
  7. Business - Comment - JAKE'S VIEW

    Hong Kong goes with the flow and reaps the rewards of capital movements

    Posted Jul 29th 2014, 01:04am by Jake Van Der Kamp

    ... and the inflows will turn to outflows. Unfortunately, it isn't working that way just now. Interest rates are already at rock bottom but still the inflows keep coming and once again the HKMA has had to jump into the market to stop the exchange rate against the US dollar from going stronger than HK$7.75. In Hong Kong you will never work out why, how and where the money goes You get ...

    http://www.scmp.com/business/article/1561436/hong-kong-goes-flow-and-reaps-rewards-capital-movements
  8. Comment - Insight & Opinion - JAKE'S VIEW

    China's currency swap deal with Switzerland is just plain dumb

    Posted Jul 27th 2014, 04:01am by Jake Van Der Kamp

    ... in the Chinese bond market... South China Morning Post, July 22 It's a funny thing about the balance of payments: very few politicians understand how it works and yet they love to monkey about ...

    http://www.scmp.com/comment/insight-opinion/article/1559951/chinas-currency-swap-deal-switzerland-just-plain-dumb
  9. Business - Comment - JAKE'S VIEW

    Trees just the start for axe swinging needed at West Kowloon arts hub

    Posted Jul 24th 2014, 12:21am by Jake Van Der Kamp

    ... project in its original conception at its original cost and with a competent management might just have worked. But that time is past. The budget is out of control, the schedule will soon be out ...

    http://www.scmp.com/business/article/1557771/trees-just-start-axe-swinging-needed-west-kowloon-arts-hub
  10. Comment - Insight & Opinion - JAKE'S VIEW

    Police can handle Occupy protest, so why the paranoia from Beijing?

    Posted Jul 13th 2014, 03:25am by Jake Van Der Kamp

    ... an hour? Here we have a police force that has known since the mid-1990s that the People's Liberation Army garrison is unwilling to help maintain civil order. The force then established ... advance. It is how society works out where public effort should go. But while public security officials in Beijing do not have to put up with such notions at home, it frustrates them enormously ...

    http://www.scmp.com/comment/insight-opinion/article/1552875/police-can-handle-occupy-protest-so-why-paranoia-beijing

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