https://www.scmp.com/rss/321886/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com As far as budgets for caretaker financial secretaries go, Paul Chan should be applauded for doing a reasonable job in his maiden, albeit possibly last, budget address. He didn’t go mad and try to win popularity points by handing out treats to the public or to business. He tried to be inclusive in giving some taxpayers’ money back to the public. This was a sensible decision because at the end of the day there is only so much any outgoing administration can do. Also, it would have been... https://www.scmp.com/comment/insight-opinion/article/2073065/last-serious-action-hong-kongs-competitiveness-shrinking?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/2073065/last-serious-action-hong-kongs-competitiveness-shrinking?utm_source=rss_feed Wed, 22 Feb 2017 12:15:00 +0000 As presented in the 2016-17 budget, Financial Secretary John Tsang shared that the government expects Hong Kong’s real GDP growth will decelerate to 1-2 per cent in 2016, from 2.4 per cent in 2015. The government has come out with initiatives to support and provide short-term relief to SMEs and the general public during these challenging times. While the broad range of counter-cyclical programmes is welcomed, the importance of maintaining a business-friendly environment should also be... https://www.scmp.com/news/hong-kong/article/1916514/firms-will-ride-out-storm-hong-kong-must-stick-free-market-principles?utm_source=rss_feed https://www.scmp.com/news/hong-kong/article/1916514/firms-will-ride-out-storm-hong-kong-must-stick-free-market-principles?utm_source=rss_feed Wed, 24 Feb 2016 15:00:30 +0000 As the debate on how the Competition Ordinance should be applied and administered draws to a close, expect business angst to intensify after the roll-out of the ordinance on December 14, as the reality of achieving compliance begins to dawn on companies, especially small and medium-sized enterprises. READ MORE: Can Hong Kong make the most of its new competition law? To be fair, the Competition Commission, the body set up to oversee all competition-related policies to ensure a level playing... https://www.scmp.com/comment/insight-opinion/article/1889755/competition-law-must-get-balance-enforcement-right-give-all?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/1889755/competition-law-must-get-balance-enforcement-right-give-all?utm_source=rss_feed Sun, 13 Dec 2015 01:30:18 +0000