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  • April 20, 2014
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  1. Business - Money - ECONOMY

    Why Hong Kong’s latest No 1 ranking was greeted with silence

    Posted Apr 01st 2014, 11:51am by Stephen Vines

    ... Stephen Vines Hong Kong beats Russia and Malaysia by a long shot to take top spot on the Crony-Capitalism Index, but nobody's cheering Sounds of silence You know how it is when Hong ... Hong Kong has not only topped a world comparison league but did so by a mile. The simple reason for the silence that followed this news is explained by the table's title: ...

    http://www.scmp.com/business/money/wealth/article/1462317/why-hong-kongs-latest-no-1-ranking-was-greeted-silence
  2. News - China - ECONOMY

    China's income inequality slowly improving, survey finds

    Posted Jul 19th 2013, 12:00am by Zhang Hong

    ... New survey claims key measure of income gap has slightly improved, but earlier studies suggest the problem could be getting worse Wealth inequality in China is still high compared with most developed countries but the gap is slowly narrowing, a new survey ...

    http://www.scmp.com/news/china/article/1285732/chinas-income-inequality-slowly-improving-survey-finds
  3. News - Hong Kong - ECONOMY

    Li Ka-shing warns Hong Kong is a 'spoilt child' set on a dangerous path

    Posted Mar 06th 2014, 11:23pm

    ... Ng Kang-chung, Jeffie Lam and Sandy Li Li Ka-shing warns Hong Kong is a 'spoilt child' Asia's richest man, Li Ka-shing, has warned that Hong Kong is like "a spoilt ... in a state of anger." He said Singapore had been outpacing Hong Kong in recent years- without the advantage of having mainland China as its hinterland. "Singapore is congenitally deficient ...

    http://www.scmp.com/news/hong-kong/article/1442186/li-ka-shing-warns-hong-kong-spoilt-child-set-dangerous-path
  4. Infographics - ECONOMY

    Deconstructing the Hong Kong Budget

    Posted Mar 04th 2014, 12:18pm by Cedric Sam

    ... Cedric Sam Digging into the numbers of the budget and what they represent in real-life Hong Kong. Link to the full-screen version Raw data for developers and researchers ...

    http://www.scmp.com/infographics/article/1438790/deconstructing-hong-kong-budget
  5. News - Hong Kong - ECONOMY

    Financial secretary John Tsang dismisses Li Ka-shing's warning that Hong Kong is losing its edge

    Posted Mar 02nd 2014, 05:33am by Ada Lee

    ... domestic product of the city and Singapore were at similar levels in 1997, but that Hong Kong's per capita GDP was now about one-third lower than Singapore's. But Tsang was adamant ... Tsang conceded there were still problems which needed to be resolved- including manpower and land supply- to improve the city's long-term development prospects. Asked about Hong Kong ...

    http://www.scmp.com/news/hong-kong/article/1438245/financial-chief-john-tsang-hits-back-li-ka-shing-competitiveness
  6. News - Hong Kong - ECONOMY

    Tycoon Li Ka-shing downbeat over Hong Kong’s future

    Posted Feb 28th 2014, 09:38pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Tycoon warns over competitiveness, Occupy Central and harassment of mainland tourists Li Ka-shing downbeat over Hong Kong's future Li Ka-shing, Asia's richest man, gave a downbeat assessment of Hong Kong's situation yesterday, warning that the Occupy Central campaign, the harassment of mainland tourists and declining competitiveness ...

    http://www.scmp.com/news/hong-kong/article/1437471/li-ka-shing-backs-press-freedom-after-attack-kevin-lau
  7. News - Hong Kong - ECONOMY

    Learn from Singapore's economic success, John Tsang tells Hong Kong

    Posted Feb 17th 2014, 04:54am by FANNY W. Y. FUNG

    ... "Asian tigers", Hong Kong, Taiwan and South Korea. "Over the past decade, Singapore has imported massive amounts of talent … It now has over 1.2 million foreign workers, accounting ... buy the growth model of Singapore and we certainly can not just copy these policies. However, I believe everyone in Hong Kong has noticed that we are facing shortages of both manpower ...

    http://www.scmp.com/news/hong-kong/article/1429135/learn-singapores-economic-success-john-tsang-tells-hong-kong
  8. Business - Economy - ECONOMY

    Hong Kong business confidence spikes to highest level in nearly 2 years

    Posted Feb 07th 2014, 05:17am by Charlotte So

    ... conditions in Hong Kong spiked in January to its highest level in almost two years, driven by robust activity from the mainland and improved business conditions in the city, although businessmen ... such reading since February 2012. The index has stayed above 50 since September of last year. Some 300 companies take part in the monthly survey. "The growth momentum in Hong Kong business ...

    http://www.scmp.com/business/economy/article/1422422/hong-kong-business-confidence-spikes-highest-level-nearly-2-years
  9. Business - Economy - ECONOMY

    No Christmas cheer for Hong Kong's retailers as they reveal lower-than-expected sales growth

    Posted Feb 05th 2014, 05:37am by TIFFANY AP

    ... Hong Kong's retail sales grew just 5.7 per cent year on year in December, an especially poor performance for the peak Christmas shopping period. "It's very rarely this bad. In 2012, it was 8.8 per cent," Hong Kong Retail Management Association chairwoman Caroline Mak Sui-king said yesterday. Total retail sales in December are estimated at HK$49.7 billion. ...

    http://www.scmp.com/business/economy/article/1421025/no-christmas-cheer-hong-kongs-retailers
  10. Business - Economy - ECONOMY

    Reform drive faces slowdown test

    Posted Apr 14th 2014, 05:07am by Victoria Ruan

    ... Beijing has streamlined investment approvals, widened the yuan's trading band, and in the latest step to ease capital controls, it has joined Hong Kong authorities in approving a so-called through train for the cross trading of shares in Hong Kong and Shanghai. However, more complex reforms that would hurt vested interest groups could be delayed, such as overhauling the land system, ...

    http://www.scmp.com/business/economy/article/1481469/reform-drive-faces-slowdown-test

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