Weak link between shop rents and prices

Wong Kin-ming (Insight~A9, Other Voice, 2 January 2009) Hong Kong’s retail sector has been hard hit by the economic slowdown. Property agents anticipate rents will continue to fall, and some individual landlords have acted quickly, slashing charges by more than 20 per cent. Meanwhile, The Link Reit bucked the marketContinue reading>

Competition Law Reform – The Way Forward

Dan Ryan (15 December 2008) The Hong Kong government has raised expectations that some sort of competition-related reform will be introduced in the territory in 2009. Although it may surprise some, we are in favor of this. What we are against is that nature of the proposal that the governmentContinue reading>

Resorting to Keynes and other crutches

Dan Ryan (1 December 2008) The world’s governments are about to embark on a massive spending spree. China is busy spending US$586 billion. Others in the region have committed to large government spending packages. US president-elect Barack Obama has just announced he plans to save or create 2.5 million newContinue reading>

Hong Kong's Competition Problem

Hans Mahncke (HK Lawyer, 19 November 2008) After years of sidestepping the issue, the Hong Kong Government released its proposal for a cross-sector competition law in May, marking the beginning of a three month public consultation period. Draft legislation will be tabled in LegCo during the 2008/9 legislative session.

Work, not welfare

Dan Ryan (SCMP, 21 October 2008) One of the key elements of Donald Tsang Yam-kuen’s recent policy address was his plan to introduce an across-the-board statutory minimum wage in the coming 2008-2009 legislative session. While no doubt guided by the best intentions – if implemented – this policy would beContinue reading>