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Hong Kong is expected to have a new competition law following years of debate in the community. Councillors are going through the final stages of their scrutiny on the compeition bill and are expected to give their endorsement later today. Some critics have said the law, which aims at curbingContinue reading>

Host : Michael Chugani Guest: Andrew Shuen, Lee Cheuk-yan Topic: Minimum wage Part 1: http://www.hkatvnews.com/v5/world.php?id=106721&p=3000006 Part 2: http://www.hkatvnews.com/v5/world.php?id=106722&p=3000006 Host : Michael Chugani Guest: Andrew Shuen, Lee Cheuk-yan Topic: Minimum wage Part 1: http://www.hkatvnews.com/v5/world.php?id=106721&p=3000006Part 2: http://www.hkatvnews.com/v5/world.php?id=106722&p=3000006

On today’s Backchat, we’ll be talking about new minimum wage rate as the Minimum Wage Commission has launched an eight-week consultation on increasing rate of the statutory minimum wage to the range of $29 to $35 per hour. Is the adjustment acceptable? Dr. Chung Kim Wah, Assistant Professor, Department ofContinue reading>

On today’s Backchat, we’ll be talking about the local wealth gap and social development. What are the key factors? Please share your solutions with us.   Andrew Shuen, Co-founder & Director, Lion Rock Institute Anthony Wong, Chief Officer of Research, Hong Kong Council of Social Service Law Chi Kwong, Chairman,Continue reading>

On today’s Backchat, we will be talking about the Competition Law. Do we need this to protect the small businesses? Is it a fair law? David O’Rear, Chief Economist, Hong Kong General Chamber of Commerce Peter Macmillan, Chief Editor of the Hong Kong Competition Law Website Andrew Shuen, Co-founder &Continue reading>

Press Release The release of the Economic Freedom of the World: 2011 Annual Report  Hong Kong is again ranked first in the Economic Freedom of the World: 2011 Annual Report, released today by the Lion Rock Institute, Hong Kong’s leading free-market think-tank.

Annette Chau – South China Morning Post (A11, 08/23/2011) Computers crash; that’s a fact of life. Even nine-year-old children on school computers are taught to back up their homework. For anyone, it can be a foolhardy strategy to put all your eggs in one basket, especially when it comes to IT.

Recently, pan-democratic parties opposed the HK$6000 handout announced in the 2011 Budget, and advocated the establishment of a Universal Pension. We are appalled at their recommendation. Modelled after pension plans in Europe and the USA, to fund a pension for every citizen aged 65-year and over, Hong Kong would needContinue reading>

2011 International Property Rights Index (IPRI) Case Study and Full Report Hong Kong’s Rank World Rank: 13 Regional Rank: 4 IPRI in Hong Kong rose to its highest level since the index began, indicating an interest in improvement and that more can be done. Judicial Independence rose 0.4 points, makingContinue reading>

Peter Wong- South China Morning Post (EDT, EDT11, 31/01/2011) A discouraging government report released recently says that the number of daily smokers in Hong Kong has increased marginally, while the number of legitimate cigarette sales has gone down. This suggests that, regardless of the tax on tobacco, the government’s currentContinue reading>