INDEX OF ARTICLES BY PHILIP BOWRING
Since 1856 business interests have consistently opposed representative government. For full story click here
Xi's praise for Mao, Confucius and tycoons sends a weird message to Hongkong. For full story click here
Sense of destiny and warped history and genetics drive China's southward sea expansion. For full story click here
Hongkong's poverty and pensions. Do not confuse them. One is immediate, one longer term. For full story click here
How to spread Hongkong wealth? Sell much public housing and commercial assets. For full story click here
The downing of MH17 reveals Malay contradictions -- and the west's role in fuelling them. For full story click here
Nonsense about FX reserves underlines thebankruptcy of Hongkong government thinking. For full story click here
The nation state is in trouble as borders drawn from collapsed empires prove fragile. For full story click here
Singapore's merits are overshadowed by reliance on an army of underpaid foreign serfs. For full story click here
Race is raising it head as China lauds Han genes. Other Asians appeared demeaned. For full story click here
Macau is setting an appaling example of inquality before the law. Is Hongkong next? For full story click here
China's show of sharp teeth for South China Sea grabs alarms non-Han nations. For full story click here
Low wages reflect appaling income distribution and are a major cause of poverty. For full story click here
Very good and very bad news this week. The deal with Iran and China's air defence zone. For full story click here
America's supposed tilt to Asia is, like US prestige, undermined by local politics. For full story click here
The timidity of Hong Kong leaders contrasts with the bold visions on the mainland. For full story click here
Behaviour of Hongkong officials and politicians to Manila is a bubble of self--importance. For full story click here
Donald Tsang's bizarre attempt to meet the Pope shows up the wider arrogance of officialdom. For full story click here
Hongkong's most influential person is now Lau Wong-fat, feudal lord of the New Territories. For full story click here
Car owners are being coddled at vast expense to the public and in contravention of the law. For full story click here
Tough decisions needed to deal with land supply. Gold and the Heung Yee Kuk must lose. For full story click here
The West shows decreasing commitment to ideals and consistency. A backbone is missing. For full story click here
The role of the sea is changing but geography remains Hongkong's number one asset. For full story click here
A Marine Department Investigation shows up the injustice inflicted by arrogant judges on a Ukrainian sea captain. For full story click here
America's fixation with Edward Snowden is damaging important relatisonships, not least with Russia over Syria. For full story click here
China needs to focus less on Asia and more on its positive global role, Hongkong more on Asia and less on China. For full story click here
Maritime law is in a mess as court invents navigation rules and Marine officials evade prosecution for gross negligence. For full story click here
Taiwan displays Han chauvinism in over-reaction to killing of fisherman by Philippine coastguard. For full story click here
The inquiry into a ferry tragedy is thorough but misused by the government to scapegoat mariners and protect officials. For full story click here
North Korea is as unpredictable as ever but changes under the new leader could make it ab even bigger problem for China. For full story click here
Thanks to judges as well as government Hongkong is drifting away from its commitments to free trade and racial equality. For full story click here
Justice at a discount as minor players in Hongkong get long sentences while mainland money launderers remain free. For full story click here
The spat across the Sulu sea over Sabah is just one of many historical issues lurking below the east Asian surface. For full story click here
Hongkong can maintain its lead in China by expanding its role as exemplar: eg policies reversing the abysmal fertility rate. For full story click here
Sleaze and Corruption will be the main beneficiaries of company law changes to hide identities in the name of privacy. For full story click here
Hopes for Change from CY Leung are dashed as the same policies and same faces and vested interests reappear in most policies. For full story click here
What should be in CY Leung's first annual policy speech. Much scope for new initiatives. For full story click here
A Balance Sheet for 2012: Good Progress in Myanmar and the Philippines, New Dangers from China's sea demands For full story click here
CY Leung would earn good marks if he focused on clearing up the obvious messes left behind by his predecessor. For full story click here
China's 100 years of humilation at western and other hands was paralleled by huge expansion of the Han people. For full story click here
Extra tax on non-residents flat buying is a dangerous precedent and typical of knee-jerk government. For full story click here
Means testing is necessary in addressing the problems of the poorest -- mostly the old, and young families. For full story click here
Lamma Ferry tragedy should spur broader look at Hongkong's maritime potential For full story click here
The China-Japan rift endangers Asian economic cohesion. Netanyahu another danger. For full story click here
Hongkong's 2012 election shows democrats in need of better tactics and cohesion. For full story click here
The Senkaku/Diaoyu dispute could have bigger hidden implications -- the Ryukyus. For full stiory click here
London's Olympic Big Bang reminds of an earlier one which is now fading. For full story click here
The One Child policy was unncessary and cruel. But ending it will not help fertility. For full story click here
An alarming decline is evident in the integrity of a self-gregarding civil srvrice elite For full story click here
Commodity prices: Now for the long downcycle in iron, coal, copper etc For full story click here
HK SAR at Fifteen: Dearth of Democracy inhibits solving known problems. For full story click here
Beware China's agressive stances raising ethnic antagonisms in southeast Asia. For full story click here
Stop worrying about civil service morale. Bureaucrats need shaking up. For full story click here
China's sea claims ignore the history of the non-Chinese who own most of the coastline. For full story click here
The BRIC nations actions on trade make them more hindrance than help for the world. For full story click here
After years of stasis under Donald Tsang, CY Leung must rock some boats in Hongkong. For full story click here
History matters, alike for societies and businesses. Hongkong's deficit is worrying. For full story click here
The deep flaws in the system as well as Henry Tang's failures shown by the election. For full story click here
Tang's trust deficit is so huge that he must be unelectable even by a warped system. For full story click here
The 2012/13 budget is another wasted opportunity and an undermining of fiscal pricniples. For full story click here
The mainland mother issue is hiding the need for policies on population and fertility. For full story click here
Hongkong's identity is stronger than Party which confuses China with the PRC would like. For full story click here
King Kim III will have a hard time keeping his head or reforming. Others may want power, or just survival not a dynasty. For full story click here
Mutual backscratching and the primacy of political influence over equal law enforcement have become endemic. For full story click here
Saving through bank accounts have been a disaster for low income groups while government and developers profit at their expense. For full story click here
Europe's debt grovel to China and others is remarkable for being unneccessary. Rich Europeans can afford to help the poor. For full story click here
Two names high on the list of possible successors to Donald Tsang are seriously underqualified princeling turncoats -- Rita Fan and Henry Tang For full story click here
China's pushy policy on the South China Sea has offended neighbours and brought in the US.. Softer words now may be too late. For full story click here
Lee Kuan Yew's retirement is time to measure where HK s against a Singapore which is authoritarian but clean and less run by vested interests. For full story click here
The 21st may be the Asian Century but there is a lot of work to do alike in rich Asia, middle income Asian and poor Asian to meet the forecast. For full story click here
The Ombudsman's data on illegal building point to rampant sleaze in New Territories administration and the role of the Heung Yee Kuk. For full story click here
HK Government support for sovreign immunity for the Congo in a commercial case undermines a legal pillar of the Two Systems. For full story click here
The US is sending an ethnic Chinese as Beijing ambassador thinking this is good diplomacy. It actually sends a bad, racially tinged message. For full story click here
The Arab revolt could have economic implications for east Asia. Can this region get its act together and compete in western markets? For full story click here
Regina Ip's formation of the New People's Party is a reminder that Hongkong has too many parties already and too few policy ideas. For full story click here
Hongkong's 2011 budget is a shambles, a bunch of petty handouts without any logic or relationship to a sustainable fiscal policy. For full story click here
Some proposals for making Hongkong's tax system achieve social and fiscal objectives and allocating reserves to those who earned them. For full story click here
More evidence of the crony links of civil servants to the corporate oligarchs whose dominance of policy damages real business enterprise. For full story click here
It is time to revisit the HK dollar peg to the US dollar. A peg to a basket would benefit the economy and underpin Hongkong's autonomy. For full story click here
The claim to have spent HK$29 billion on fighting pollution is an illusion. Even if it were true it is a fraction of outlays for unneeded infrastructure. For full story click here
The HKMA continues to treat its HK$600 billion surplus and private property not part of public assets. Wake up Legislators! For full story click here
Sanctions against the regime in Burma achieved little but isolate the people. Recent elections were phony but present a chance of change. For full story click here
The Wikileaks revelations of cables isan embarassment for but they also show the US diplomats as mostly benign and their judgements sensible. For full story click here
China nationalism is antagonising its neighbours and encouraging their US links. Southeast Asia, India, Japan, Korea.. For full story click here
Hong Kong official and media responses to the Manila hostage tragedy was a distrurbing relfection on attitudes to its servant population. For full story click here
There are many ways the government can help narrow the yawning and socially divisive earnings gap. The budget is an opportunity. For full story click here
Asia needs trade and defence re-think before Uncle Sam stops being
so benevolent. For full story click here
A mixture of arrogance and fear underlie China's currency
peg policy. For
full story click here
Policies on land sales and use are the root of Hongkong's
rising income and wealth gaps. For
full story click here
Donald Tsang's governance rests on gestures and PR not on
substantial policies. For
full story click here
Threats against Iran by US politicians are based on over-blown
ideas of US power. For
full story click here
America's kretek ban is petty hypocrisy which gives the nation
a bad name. For full
story click here
Greedy senior civil servants wants to retire at 60 so they
can make more money. For
full story click here
The Communist Party's United Front has become a front for
sleaze and feudalism. For
full story click here
Excess profits of oligopolies are a drag on Hongkong's economy. For
full story click here
Malaysia's new prime minister's brief honeymoon from racial
divides. For full story
click here
Han chauvinism is alive and well, including in supposedly
multi-ethnic Hongkong. For
full story click here
More empty words from Hongkong's government on how to spur
the economy. For full
story click
here
The Legislature
should approve the HK$33 billion for the Chiang Mai Initiaitive
despite lack of transparency but demand major reforms at the HKMA. For
full story click here
In silently
agreeing to pay HK$33 billion to China's contribution to the Chiang
Mai
Initiative fund the government has undermined Hongkong's fiscal
autonomy. For full story click here
A new study
reveals the importance of geographical and social mobility in Hongkong's
success. But events show the government pushing in the other
direction. For full story click here
Official
appointments continue to demonstrate how Hongkong is being increasingly
tied up in a web woven by a bureaucratic and feudal
elite. For full story click here
Donald Tsang goes crying to Beijing for economic help for rich
Hongkong. A 14-item response includes moves which
undermine its Two System status. For
full story click here
Hongkong
seeks government supervision of the internet by seizing
control of the domain name authority. International users avoid
the city. For full story click here
Here is
a list of suggestions for the size and direction of government
spending, using reserves help Hongkong through the global downturn.
For full story click here
The semi-government
Bauhinia Foundation plugs policies for Pearl River
Delta integration which threaten Hongkong's separate status.
For full story click here
Asia is
in better shape than most but still will have big problems adjusting
to the collapse of demand by western customers and of commodity
prices. For full story click here
Donald
Tsang's response to a weakening economy is ill-judged,
focusing on politically-driven, grandiose infrastructure projects
of scant economic merit. For
full story click here
As the
world heads for recession China's strong trade position and massive
reserves give it an opportunity tolead and to help.But it may not
take it. For full story click here
The government yet again bow to developer interests as yet
more outsize buildings threaten Hongkong's famous Repulse Bay beach.
For full story click here
Russian
invasion of Georgia supposedly on behalf of Ossetians has lessons
for Europe and the US, and also for Asian countries with minority
issues. For full
story click here
The Olympics
is turning out as feared -- a medal-biased monument to nationalism
and commercialism which overshadows individual achiement. For
full story click here
Anwar Ibrahim
has again been accused of sodomy. But this latest move in Malaysia's
power struggle is covering up a murder which touches rival Najib. For
full story click here
Official focus on the Pearl River delta ignores
the challenges Shenzhen and Taiwan
pose for a Hongkong which forgets its international roots.
For full story click here
Hongkong
has woken to
Islamic finance. It is not well placed by geography or culture
but lack of vision by officials is also to blame for a very late
start. For full story click here
A former
top official has admitted it: Hongkong's health is put at risk
because a venal government caves in to lobbyists posing as legislators. For
full story click here
Unofficials
in the Executive Council have huge conflicts
of interest. Most notorious is developers' bag carrier and official
favorite Ronald Arculli. For full story click here
The flood
tragedy in Myanmar and soaring global food prices both show the
follies of anti-market subsidies and restrictions which cripple
farmer initiatives. For full story click here
The
powerful profit from prostitution through print adverts.
So government goes
after
a website catering to the lower end of the sex market. For full story
click here
The Olympics
have become too big, costly, nationalistic and politicised. Some
proposals to reduce sports and medals but retain the key events. For
full story click here
Malaysians
have overcome racial divides to unite against cronyism and
abuse of power. No wonder Hongkong political and business elite
fears democracy. For
full story click here
The Hongkong
Monetary Authority has almost become a law unto itsself. But it
its HK$600 billion net assets should be public funds not a slush
fund. For full
story click here
The 2008
Hongkong Budget appears to be generous but is actually a giveaway
to upper and middle income groups and a further squeeze on the
bottom 50%. For
full story click here
Outrage
at the previous column on collusion between government and business,
in some cases involving corruption, shows official unwillingness
to face facts. For
full story click here
A congratultory
advertisement to Macau gambling godfather Stanley Ho shows how
far Hongkong's elite will go to glorify and protect each other
regardless. For full story click here
David Li Kuok-po has resigned from government after the
Dow Jones insider trading affair. But responses from Hongkong's
mega wealth clans show no remorse. For full story click here
Facing
another huge budget surplus, some suggestions for
how HK can use it to reduce inequality and shore up health and
welfare for an aging society. For full story click here
Hongkong
is being hobbled by the arrogance, ignorance and collusion/corruption
infecting the senior levels of the bureaucratic and quango elite. For
full story click here
Hongkong's
population projections consistently ( or deliberately?) show exaggerated
expections and lead to wrong government
investment decisions. For full story click here
Whoever
wins the Taiwan legislative and presidential elections,
cross-straits relations will improve as will the economy and
stockmarket. For full story click here
Income
distribution in Hongkong measured by the Gini coefficient is
getting to Latin American levels. The government can reverse the
trend: Here's how. For full story click here
Corruption
is not the only way for officials to become overnight
billionaires in China. Join the IPO gravy train and get cheap shares
during
a bull market. For full story click here
Hypocrisy
is needed to hold political parties together. But Hongkong Communists
go to an extreme in their use of patriotism
to justify almost anything. For full story click here
When
facts change it is wise to change policies. But China is
resisting changing its population policy and Hongkong's its
official worship of property developers. For full story click here
China's
push for increased economic and political ties with Africa is undertandable.
But memories of Zhou Enlai's 1964 tour remind one of Africa's many
pitfalls. For full story click here
Like those
of Macao, Hongkong's per capita GDP figures give an exaggerated
picture of actual levels o average disposable income and
living standards.
For full story click here
Donald Tsang appointments reward
the same in-group of cronies and political supporters rather
than widen participation in government. For full story click
here
The
retreat of world stockmarkets following US sub-prime
loan problems was not surprising. But with liquidity and surpluses
most of Asia
has defensive strgength. For
full story click here
Hongkong's
Financial Secretary Henry Tang's budget offers a few morsels of
pork to those who do not need it and makes income distribution
worse. For full
story click here
John Howard's
luck is running out as Labor's new leader Kevin Rudd leaps in
the polls and Barack Obama exposes Oz hypocrisy over troops
for Iraq.
For full
story click here
Ignoring
ex-President de Klerk while Hu Jintao is making friends in Africa
shows the parochialism of Hongkong's bureaucratic and business
leaders. For full
story click here
Prosecution
of an academic for cheating on a housing allowance shows the hypocrisy
of a bureaucracy which awards itself almost identical tax perks.
For full story click here
The bureaucratic
elite headed by Tsang have dangerous illusion about their competence.
By instinct prone to cronyism, they are followers not leaders.
For full story
click here
The weight
of Paulson's China delegation raises expectation
too high, and indicates a US obsession with China while other Asian
issues are ignored. For full story click here
Ending
visa-free entry for Bangladeshis displays ignorance
of Hongkong's business interests while locally developers
run roughhod over planning. For full story click here
The abysmal
conditions at Repulse Bay, a major tourist attraction, shows the
government's mix of incompetent and beholden to property developers.
For full story click here
An administration
in the pocket of certain business interests continues to ignore
the pollution crisis. An energy tax would provide a way forward.
For full story click here
A tribute
to Gary Coull -- remebering a former journalist who founded a unique
Hongkong-based investment house and died tragically young. For
full story click here
Truth may
be an elusive concept at the best of times but facts are facts
and Donald Tsang seems determined to ignore them when they don't
suit his interests. For
full story click here
Hongkong's
chief executive claims a philosophy of leadership and governance.
But analysis of recent speeches suggests he follows more than
leads. For full story click here
Five years
after 9/11, the "terror card" -- ie abuse of the event
for political purposes -- has demeaned the US and made the Middle
East messier than ever. For
full story click here
The
Thai coup, like events in the Philippines, underlines
the importance of rules and institutions. A coup is no way to deal
with the likes of Thaksin. For full story click here
The influence
of a small group of Hongkong insiders continues to increase. The
Jockey Club provids an example of how a public asset is priavtised.
For full story click here
The latest
western/ Israeli efforts to re-order the Middle East coincide with
anniversaries of previous events which anger the natives -- Suez,
Sykes-Picot, etc. For
full story click here
The rise of the power of bureaucrats who hitch their interests
to big business implies graft and threatens to smother
Hongkong entrepreneurial spirit. For full story click here
The Goods
and Services Tax which the government aims to foist on Hongkong
in the name of fiscal stability is largely a transfer from the
poor to the rich. For full story click here
The efforts
of mega-rich kid Richard Li to sell PCCW, or
his stake in it, say much about abysmal corporate governance and
the crony nature of HK big business. For full story click
here
An ADB
study shows foreign maids in Hongkong are better treated than
in SE Asia but the government declines to enforce
laws or otherwise improve their lot. For full story click here
The 60th
anniversary of the accession of King Bhumibol occasion to study
his role in the politics of Thailand as well as his now almost
saintly image. For
full story click here
Minimum
wages are rising in China but the Hongkong government is dragging
its feet on introducing a mininum despite an alarming rise in income
inequality. For
full story click here
Listing
of Real Estate Investment Trusts in Hongkong would be welcome except
that so far these are insider deals unlike
REITs in
less incestuous markets. For full story click here
Appointments
to HK Exchanges, the quasi-government monopoly, is
more evidence of insider mutual back-scratching demeaning
HK as a financial market. For full story click here
A palace
for bureaucrats and infighting between two government owned rail
companies reveals all too much about governance in Hongkong, For
full story click here
The Commonwealth
Games was a triumph for Australia but also a reminder of East Germany.
The number of medals for some sports is also ridiculous. For
full story click here
Contrary
to the claims of Hongkong's bureaucrats, democracy is good for
the environment and bad for vested interests. Look at Korea, Taiwan
etc etc For full story click here
Private
affluence, public squalor is the motto of a Hongkong's
elite ever willing to spend on rich men's foibles but shockingly
dismissive of the disadvantaged. For
full story click here
Hongkong's
Financial Secretary should ignore demands for tax cuts and
focus policy on spending to achieve desired objectives such as
a higher birth rate. For full story click here
Cartoons
of Mohammed may have been in bad taste. But religion should not
claim to above derision. There are too many restraints on free
speech already. For
full story click here
There is
immense western hypocrisy in its attirude to Iran's nuclear programme.
Its neighbours India and China have a different view of the
issue. For full story click here
One
answer to Hongkong's tax problems, which will also cut pollution,
is an energy tax. Expiry of the power franchise
presents the opportunity. For full story click here
The Singapore
government has a remarkable ability to avoid the truth by sidestepping
facts. And remember former president, the late Devan Nair.
For full story click here
Malaysia
is backing away from deals with Burma. But Singapore's close relations
with its generals and drug families carries on regardless. For
full story click here
Hongkong
needs to avoid creating the huge underclass of low paid maids and
temporary workers like Singapore where abuse comes with the system.
For full story click here
Corruption
seems under control in Hongkong but there is an indidious tendency
for officials to make decisions expecting future rewards
from business. For full story click here
There
is danger of over-reaction to avian flu. As governor Bowring
wrote, measures need to be both effective and the cost
not disproportionate. For full story click here
There are
elements of Singapore and the Chinese Communist Party in
Donald Tsang's goal of creating a political cadre within the bureaucracy.
For full story click here
Tsang's
call for
"Strong government for the people" shows he is set
on maximising executive power at the expense of
accountability. For full story click here
Like September
11, the consequences of Hurricane Katrina may surprise. An end
to the US spending boom? A war on pollution? Economic nationalism? For
full story click here
Hongkong
campaign against the WTO ministerial meeting in December is a mix
of ignorance, special pleading and outright hypocrisy. For full
story click here
The 60th
anniversary of Hiroshima and the 600th of Zheng He's first voyage
remind of the durability of different perspectives on history. For
full story click here
Hongkong
doesnt need Disney. It should follow Monte Carlo -- uniqueness,
quality, and a clean environment to attract Chinese and global
elites. For full story click here
Sacrificing
the Sports Institute for Olympic equestrian events sums up Hongkong's
rule by unsporting fat cats and an all-powerful
Jockey Club.
For full story
click here
The choice
of Rafael Hui as Chief Secretary is curious given his lack of ministerial-level
experience and his record at the Mandatory Provident Fund. For
full story click here
In lieu
of more democracy Donald Tsang should broaden the power base by
ceasing to appoint the same members of elite families to
official bodies. For full story click
here
With Hongkong
hosting the WTO ministerial in December, it is time to set an example
by attacking domestic monoplies and not seeking favours from China.
For full story click here
The official
squeeze on the incomes of the old and the poor is a shocking indictment
of Hongkong's overpaid bureaucracy and rule by inherited wealth.
For full story click here
Donald
Tsang promises to end collusion between government and big business.
But his actions regarding competition policy are made for cronies.
For full story click here
Selective
memory is the norm when nationalism meets history. Whether it is
China and Japan or Australia and Gallipoli symbols outweigh facts.
For full story click here
China's
attack on Japan's history books is hypocritical. Other countries
gloss over their guilt too. Asian nationalists mostly cooperated
with imperial Japan. For
full story click here
China's
indecision on ending the dollar peg is costly, leading to financial
excess, property bubbles, ill-directed investment and corruption. For
full story click here
Hongkong entrants in the Forbes billionaires global league table
-- property developers -- show how it rewards cartels not
not wealth
creation. For full story click here
The numbers
in Hongkong's 2005-06 Budget look OK. But vision is lacking and
key issues such as tax reform and competition policy sidestepped. For
full story click here
The chaotic
manner of Tung Chee-hwa's exit shows the weakness of a system incapable
of throwing up stronger candidates than Donald Tsang, a follower
not a leader, and some rich men's sons. For full story click here
Far Eastern
Economic Review -- memories of colleagues who made the magazine.
Article in HK
FCC magazine The Correspondent. For full story click here
England's
new ban on hunting mammals with dogs is a bizarre and hypocritical
law which creates different castes of mammals and protects none
from men with guns and traps. For full story click here
The World
Economic Forum annual meeting in Davos has become decreasingly
global. Dominated by Europeans and Americans, Asia's presence has
fallen as the region has risen. For full story click here
Hongkong's
Independent Commission Agaianst Corruption is focussing on petty
issues and failing to provide safeguards against potential abuses
involving senior officials and land. For full story click here
Kerry in
principle is best but would be hemmed in by his own caution and
Congress. Let Bush clear up his own mess -- Iraq, the deficits,
etc. and so discredit his own extremism. For
full story click here
The
death of the weekly Far Eastern Economic Review after 58 years
has one cause: the arrogance
and
incompetence
of
Dow Jones which bought and trashed a beacon of free journalism in Asia.
For full
story click here
Hongkong
equal- to-Germany per capita GDP is a delusion for 80%.. The data
shows appaling
income distribution and monopoly profits. For full story click here
Hongkong's
official economic growth has been boosted by a huge
gap between indices of inflation.The poor are the data's victims.
For full story
click here
Nuclear
experiments by Seoul are no big surprise. Western anti-proliferation
sermons are mostly hpocritical and unreallistic. For full story
click here
Hongkong
Democrats' manifesto is mostly waffle. The party needs a sharper
focussed emphasis on tax, environment, competition etc. For full
story click here
The west's
saviour complex is again in action, this time to bring justice
to Sudan. But hypocrisy compounds failure to understand Darfur's
complexity. For
full story click here
Will
Lee Hsien Loong lead Singapore in a new direction to face new challenges,
or will he continue his father's authoritarian corporate state? For full story click here
Failure
to recognise its unique attributes -- topography, geography
and separate status are costing Hongkong dearly. Look at Monaco
and Dubai. For full story click here
Hongkong's
buildings are depreciating faster than natural, which should be
a major concern to investors. The bank/developer axis of self interest
is to blame. For
full story click here
Thailand's problems
with its Muslims is a reminder of a history of Thai expansion and Malay
retreat. Democratic Thais could learn some lessons in federalism from
KL. For full story click
here
America's woes
in Iraq are a result of bad policy and good intentions. But there is
no excuse for backing Sharon's illegal land grab and political assassinations.
For full story click
here
Election results
in much of Asia, rich and poor, show common sense. No wonder Tung and
Beijing fear a system prone to reject the corrupt, incompetent and self-serving.
For full story
click here
Fallujah has
further alienated the US from most of the rest of the world as Christian
fundamentalists, Zionist zealots and neo-con warriors rule Washington.
For full story click
here
Hongkong's GDP
data looks increasingly suspect as deflation numbers inflate the supposed
real growth. Price indices in the US also ook designed to understate
inflation. For full
story click here
Taiwan's election
impasse is unfortunate because it was a vote for the status quo. Chen
just held the middle ground but lost his referendum, which should mollify
Beijing. For full
story click here
Sandra Burton
was that rarity among journalists. Liked by everyone, conscientious
to her fingetips, committed to the integrity of her publication as well
as herself. For full
story click here
Asian governments
are collecting tens of billion of US dollars every month. Are they crazy
to keep their own currencies weak to acquire debt which may be unrepayable?
For full story click here
The Hutton report,
and public's response, was a commentary on the decline in confidence
in key British institutions, the judiciary and BBC. A lesson for Hongkong.
For full story click
here
Tung Chee-hwa's
2004 policy address is empty of policy, especially on constitutional
issues, but full of ethnic and nationalist attitudes inappropriate for
"Asia's world city". For
full story click here
Hongkong is searching
for leaders and representative government. It does not need leadership
by those who inherited their wealth and use power to protect cartels.
For full story click
here
President Bush's
kowtow to the visiting Chinese premier cannot disguise the further momentum
of Taiwanese self-determination. History separates Taiwan from the mainland.
For full story click here
Hongkong official
information is harder to find and is being silently privatised. Once
found, the HK 2030 vision lacks discussion of vital planning elements.
For full story click
here
The failure of
Cancun places onus on Europe, China, India, Brazil to encourage US support
for multilateralism by being flexible on farm and other issues. For
full story click here
Government gravy
trains continue to reward the well connected at the expense of the budget
and public interest. Thus needed tax rises are hard to swallow. For
full story click here
Dr Mahathir's
career showed innumerable contradictions as well as ruthless drive.
They stemmed from being an outsider, of Indian and lower middle class
origin. For full
story click here
The OIC summit
got scant coverage by a biased western media, but was interesting for
self-criticism, emphasis on business, and on the non-Arab Muslim world.
For full story click here
Overseas education
is often over-priced and under-standard. The abolition of East Asian
studies by Durham is another example of decline in UK standards. For
full story click here
Hongkong's advantages
are geography and separate status. They are being undermined by cartels
which inhibit competition with the Pearl River delta.
For full story click here
The US trade
deficit is not China's fault but there is no point in Asian nations
accumulating ever larger dollar reserves. Revaluations are badly needed
for everyone's sake. For
full story click here
The US belatedly
wants greater UN involvement in Iraq. But de Mello's killing is a reminder
of its past failures in the Middle East caused by big power priorities.
For full story click
here
Henry Tang has
an amiable personality but his appointment as financial secretary again
illustrates the narrow circle of heirs and other insiders that Mr Tung
relies upon. For
full story click here
Whoever becomes
next Hongkong financial secretary will have to impose tough fiscal policies,
not just talk about them, and face Asian trade and currency frictions.
For full story click here
Post July 1,
Hongkong needs more democracy not just as an end in itself but as ameans
to better government driven by public interests, not cliques.
For full story click here
July 1 in Hongkong:
Go demonstrate but remember how times everywhere are changing. Look
at Brazil, Korea even Russia more than the west or Beijing.
For full story click here
News of the times:
The Jayson Blair fraud could have happened on any paper. More disturbing
is preference for headlines and exclusivity over verifiable facts. For
full story click here
Australia and
Asia: A new book highlights the historical baggage that both sides carry,
impeding relations 30 years after Canberra abandoned White Australia
for Multiculturalism. For
full story click here
The judicial
system is proving Hongkong's strongest bastion against arbitrary government.
Recent decisions provide a basis for the public to make greater use
of the courts. For full
story click here
SARS is showing
up some unpleasant aspects of Hongkong: official secrecy, mean-spirited
bureaucracy, tax break to favour the rich and kow-towing to property
developers For full story
click here
SARS and Iraq
have in common government tendency to base policies not on known facts
but exaggerations and irrational fears. It's a dangerous, media-driven
trend. For full story
click here
The real winner
of the war and ensuing eventds looks likely to be Israel -- no surprise
given the Washington influence of Israel lobbyists like Richard Perle.
For full story click
here
The war has begun
and with it a reassessment of east Asian strategic interests in the
light of the US now practicing the unilateralist ideas of the Bush ideologues.
For full story click
here
The 2003-4 Hongkong
Budget starts to tackle the failings of its predecessors but spending
remains little restrained and revenue estimates are wishful thinking.
For full story click
here
Burgers more
dangerous than el-Qaeda? Yes if one looks at the global ravages of poor
nutrition. It's time to put realism before emotion on other issue too.
For full story click
here
Kipling, poet
of empire, was alive to the dangers of hubris. Other historical parallels,
including the world in 1898, are useful as the US plans an Iraq war.
For full story click here
Asians are conspicuous
by their absence at the annual Davos meeting, reflecting how, despite
globalization, Asia's views, interests and ideas are drifting apart
from the west. For
full story click here
Bangladesh may
be secular and democratic as well as Muslim, but the rise of Hindu nationalism
in India as well as Islamic extremism elsewhere is pressuring it unfairly.
For full story click
here
The US dollar's
decline still has a long way to go. It will mean revalusation of most
Asian currencies, including the Yuan but thankfully excluding the HK$.
For full story click
here
Plans to fill
in more of Hongkong's harbour must be scrapped. They are illegal, unneccessary,
unsightly, and a disaster for the environment and leisure uses.
For full story click here
Interest rate
cuts are supposed to revive growth. But they may be zero sum game, making
the thrifty more thrifty and pushing debtor households and countries
deeper into the mire. For
full text click here
The first casualty
of war is the truth. So beware the disinformation campaigns being waged.
Note The Atimes case.
For full text click here
New attempts
to push up property prices illustrate the political power of a second
generation business elite to supplant public interests. For
full text click here
Hongkong's budget
blues. Oligarchic pricing of public assets and utilties need addressing
as much as tax reform. Meanwhile a 3% of GDP deficit is desirable. This
is the original of a column for the SCMP. The published version was
much cut.For full
original text click here
A tribute to
the Bali victims: lessons from the life of victim Ed Waller, 26, a British/Thai/Irish
friend with a zest for work and play who made others smile. SCMP October
21 For full text click here
Hongkong's property
obsession lives on in the minds and policies of its leaders. Attempts
to bolster prices will delay not enhance economic recovery. SCMP October
7 For full text click
here
Kamchatka: The
extremity of Eurasia is a place of volcanoes and bears but its strategic
and symbolic position survive the end of the cold war. SCMP September
23. For full story
click here
Derek Davies
Obituary: Journalist whose festiness, sense of fun and determination
to tell the truth revolutioniseded Asian journalism. The Times, September
20. For full text click
here
September 11
annivesary: reactions which are undemocratic unfocused and unilateral
play into the aims of el--Qaeda. For
full text click here
North-South dialogue
in Korea is coinciding with economic change in the North. That's not
chance. Is the North finally moving out of its shell? SCMP August 12
For full text click
here
Facts. Overpaid
officials are grossly exaggerating unemployment payments -- most get
nothing. Li Ka-shing is mostly investing overseas not in Hongkong. SCMP
July 29 For full text
click here.
Government by
Businessmen: Hongkong's problem: Speech to Hongkong Democratic Foundation,
July 16. For written
text click here (NB: Delivered text had some variations)
Cheung Kong Life
Sciences' IPO is another example of K.S. Li's skill in exploiting local
investors to enrich his family. Remember Tom.com and PCCW? SCMP July
15 For full text click
here
Five years on,
the Sino-British property boom remains to blame for some HK troubles.
But Tung's cronyism, paternalism and rote patriotism are today's problems.
SCMP July 1 For full
story click here
Russia's pragmatism
abroad, attention to evils at home, a reviving economy and a dynamic
president make it an international player again. SCMP June 24 For
full text click here
Hongkong's police
has set an abysmal example in the face of ICAC investigations. But the
ICAC has lagged in tackling abuses in secretive planning and building
departments. For full
text click here
Dr Mahathir's
political revival gives him a last chance to reverse past opportunistic
concessions on Islamic and dducation issues and protect Malaysia's modernisation.
For full text click
here
Migration is
a critical issue for Hongkong.With the world's lowest birth rate, it
needs young blood. But the economy needs more skills too. The lack of
an official policy is alarming. For
full text click here
High stock prices
are loved by brokers, politicians and now central bankers. But they
can be a delusion. What investors need are real and recurrent earnings,
and dividends. For full
text click here
Argentina, Hongkong,
in-between -- a look at the uses and abuses of currency pegs and possible
directions for exchange rate systems and values in Asia.
For full text click here
US military action
has been successful, but Osama may be winning another war as Bush backs
Sharon, and, with media help, find Muslims enemies everywhere. For
full story click here
More instances
of cronyism and secrecy illustrate how links between developers and
government, helped by the banks,are compunding Hongkong's housing problems.
For full text click
here
Leung's first
Budget avoids all the hard issues of how to increase Hongkong's revenue.
Another big deficit is justified,but lack of decisions on long delayed
tax reform is not. For
full text click here
Hongkong is waking
up to considering population issues: mainland migration and the very
low birth rate -- and the accuracy of projections that it will recover
dramatically. For full
text click here
US military dominance
is greater than ever. But influence depends also on respect for its
institutions and on support from allies. Unilateral actions and massive
debts threaten it. For
full text click here
Enron contains
lots of lessons, not just about executive greed and the compromising
of auditors in the US. For Hongkong there are plenty of scams closer
to home to worry about.
For full text click here
The successful
appeal by former HSBC executive Ewan Launder against a bribery conviction
closes the 20-year history of the Carrian scam. But Carrian leaves huge
question marks over the Hongkong's judiciary record of fairness and
competence. For full
text click here
Reflections on
2001 are reminder of the transient nature of what we take for granted
be it the Japanese economy, central Asian maps, media freedom, the almighty
dollar. Only greed is a constant. For
full text click here
Property developers
in Hongkong exert inordinate influence on society. One reason is government
secrecy, which has opened the way for inside deals which have cost the
Treasury billions and thwarted ordinary citizens rights.For
full text click here
Merger of the
bureaus of the Far Eastern Economic Review and Asian Wall Street Journal
illustrate how Dow Jones (and Time Warner) have killed Asian media diversity
-- and lost money in the process.
For full text click here
East Asia is
beset by a collapsing export economy and potential instability linked
to Islam and September 11. But it enters this period of global uncertainty
in a relatively strong position. For
full text click here
Tung Chee-hwa's
last annual policy address this term was an opportunity for new thinking
in the face of economic problems and past failures in housing and other
polices. He missed it. For
full text click here
One month afterwards,
the potential for good or ill to be the net winner from reaction to
the attack is finely balanced. The US has been fairly measured in actions,
but others' words need watching.
For full text click here
The September
11 terrorist attacks will succeed to the extent that the world falls
into the traps that the Bin Ladens' have set: fear, revenge, confusion,
reversal of liberalism and globalism etc.
For full text click here
Hongkong badly
neds tax reform to broaden its revenue base but though an advisory conciselyexamines
all possibilities its recommendations are debateable. For
full text click here
Taiwan's business
community is being drawn to the mainland by the weakness in global markets
and the growth in China. But it is easy to exaggerate the gains from
direct links and freer investment. Taiwan is above all a global niche
player.SCMP For full text click here
Asia's problems
are not going to be solved by sitting around waiting for the US economy
to pick up. Self help means less reliance on the dollar, keeping savings
surpluses closer to home and more use of Asian currencies by borrowers.
Time. For full text
click here
The demise of
President Wahid is a tragedy of Shakesperean proportions. A man whose
ideas are badly needed was destroyed by his enemies, and by physical
infirmity but also by a fatal character flaw of one born to power. SCMP
For full text click here.
Racial issues
in Hongkong should not be swept under the carpet if it is to be "Asia's
world city" in an Asia populated more by brown people than by Chinese.
Unintentional racial stereotyping as in the US and UK is also to be
avoided. SCMP For full
text click here
Tsang's rush
to condemn falun gong is at odds with his own Catholic church, which
itself could face "unpatriotric" allegations. The communist
cult fears all other organised beliefs, as in Xinjiang where religion
aligns with non-Han nationalism. SCMP For
full text click here
Hongkong does
not need compulsory deposit insurance. That's just a way of protecting
small, weak local banks. But the saving scheme means small investors
deserve better protection from the sharks of the mutual funds industry.
SCMP For full text click here
Big changes are
underway in the geopolitics of Northeast Asia, of which Bush's missile
shield and arms for Taiwan are only a part. Russia, Korea, Japan are
all in flux. But the more immediate danger to US-China relations is
on the trade front. SCMP For full text click
here
Argentina's decision
to link it currency to the Euro as well as the dollar is a reminder
that Hongkong should consider a new kind of peg to reflect the changes
in Asian currencies and trading patterns and the likely future of the
RMB. SCMP. For full story click here
The Hongkong
rugby sevens has witnessed the criminalisation of legitimate ticket
business. Meanwhile officially sanctioned cartels continue to rip off
the public. Dont feel sorry for the K.S.Li family despite Richard's
disgrace.SCMP For full story click here
President Bush's
meeting with Qian Qichen may be less significant for east Asia than
President Putin's visits to east Asia. The missile shield issue is vital,
but is showing up the complexity of regional relationships involving
China, Japan, two Koreas, Russia and Taiwan. Bush needs to beware of
simplistic answers.SCMP. For full text click
here
Indonesia's economic
performance could surprise again this year despite the political turmoil,
banking crisis and fall of the Rupiah. But even if export and consumption
led recovery continues for now, eventually Indonesia will need capital
to flow in not out. Sydney Morning Herald, March 17. For
full text click here
Australia's controversial
populist Pauline Hanson has made a modest political come-back. But there
is no need to exaggerate her party's appeal, or the threat of an anti-Asian
backlash. Australia needs open debate, and should ignore criticism from
SE Asia where race-based politics is endemic. Time. For
full text click here
Hongkong's Budget
purports to be a conservative as well as "no change" document.
However the deterioration in the operating budget, now partly financed
from capital revenue, is cause for concern, as inflated expectations
of asset price gains.SCMP March 12. Click
here for full text
President Wahid
may appear an incompetent leader of a disintegrating country. But the
alternatives are worse than this liberal and inclusive figure, and the
country is not a complete write-off for investors or tourists. SCMP
February 26 Click here for full text
Central bankers
are not necessarily to be trusted with either money not financial sector
regulation. The US Fed seems to think that the US consumer needs to
get even deeper into debt. Hongkong's Securities & Futures Commission
is a do-nothing contrast to Arthur Levitt's lively SEC in the US. SCMP
Feb 12. Click here for full text
Hongkong needs
to boost its service industries, from medicine to gambling, to stay
ahead of the competition, not integration with populous, low wage Pearl
River Delta. SCMP Click
here for full text
Asian countries
should stop worrying about a US recession and do more to stimulate domestic
demand. The US debts and deficits are unsustainable. So should be Asia's
un-productive surpluses. Time. Click
here for full text
The US election
impasse is a reminder of the problems for Asian democracies in drawing
lines between executive, legislative and judicial power and the relative
merits of parliamentary and presidential systems. SCMP. Click
here for full text
Hongkong's GDP
numbers again stretch credulity, with nominal growth about half "real"
growth. The Financial Secretary has Budget number problems too. SCMP
Click here for full text
The hypocrisy
of impeaching Estrada: The Philippine president may be incompetent and
have sleazy friends but his accusers cannot claim the moral high ground
either. The problem lies much deeper, in political financing and the
feudalism and wardlordism endemic in the system. Click
here for full text
Poverty in Hongkong:
The GDP statistics say that Hongkong people are richer than Australians
and at the same level as Germans. That is self-evidently not true. But
worse is the appaling disparity in income distribution which emerges
from analysis of the household income data.Click
here for full text
The US and Israel:
American presidents may in theory want to be honest brokers in the Middle
East but Mrs Clinton's electioneering in New York better describes the
real relationship. Meanwhile a comparison between Tiananmen and current
Arab civilian deaths is not inappropriate. Click
here for full text
Hongkong's crony
train: The choice of Peter Woo to head the Trade Development Council
and K.S. Lo to add the Hospital Authority to his GEM portfolio underlines
the narrowness of the HK elite and how a few very rich families and
high civil servants benefit from top level patronage. Click
here for full text.
Hongkong: Praise
at last for the Census and Statistics department for revising population
estimates to reflect reality. But now let us have a real debate on immigration
needs. GDP growth data however remains grossly exaggerated. Click
here for full text
Hongkong/Taipei:
Three years after the HKhandover and weeks after the election of President
Chen, how does HK see Taiwan? There is no sympathy for and little understanding
of the independence desire but growing awareness of the island's technological
prowess and democracy. Its legal system may lag Hongkong, but its accountable
government is in stark contrast to Tung's backward-looking executive-led
system. Article from Taipei Review. Click
here for full text
Hongkong: Disregard
for law is spreading -- direct action on oil prices in Europe, pressure
to give in to Philippine kidnappers. But Hongkong should better safeguard
legitimate protest rights, and make ransom paying - as in the Li case
-- an offence. Click here for full text
Hongkong: Caveat
emptor remains the best principle of investing. So dont't blame the
authorities for being fooled by dot coms. However, compulsory savings
and their investing in shares does demand that the government protect
investors from rip-offs. Click here for full
text
Hongkong: Patriotism
and racial identity are easily confused, which can be a dangerous thing,
especially for Hongkong Chinese who want to be Chinese, Asian, Canadian
etc as and when it suits, or who follow the Beijing identification of
race with patriotism. Click
here for full text
Hongkong: The
rush to debt and the crazy prices being paid for wireless companies
and other high tech acquisitions in the west are a reminder of what
happened in Asia when over-optimism and over-epxansion fuelled a borrowing
binge. Schadenfreude is at hand. Click here for
full text
Hongkong: The
election of Chen Shui-bian has made Hongkong think a little more about
Taiwan and its significance for Hongkong. There is little sympathy for
its independence movement but increasing admiration for its progress
in technology and democracy. Click here for
full text
Hongkong: The
local media errors are of omission not commission. Ignoring a visit
by President Khatami, hounding scapegoats not investigating for culprits,
and acting as PR machine for all kinds of dot com and other IPO scams
for fleecing investors. Click here for full text.
Hongkong: The
Korean summit has huge implications for the balance of power in NE Asia,
with China playing a larger role, Russia looking with interest, and
Japan worried. The US, guarantor of peace.may find its role undermined.
Hongkong is out of the loop. Click here for
full text
Hongkong: The
government's claim of 14% first quarter GDP increase is suspect. The
current price figure was only 6.2% and the claim of 7% deflation which
boosted "real" growth is contradicted by most of the data.
For full story click here
Hongkong: The
inauguration of Chen Shui-bian highlights Taiwanese identity. That in
turn is reminder of how separate the island's history has been from
that of mainland China due to its Malay origins and multiple foreign
involvements. Click here for full text
Almaty: The Kazakhstan
capital is only a hundred miles from China. But this nation looks to
Russia, the west and the Turkic-speaking region not the east.That could
change but if so it will be due more to economics than to cultural affinities.
Click here for full text
Seoul: Korea
is on the move. The election was a defeat for personality based parties
and regionalism and the impending North/South summit may be more than
just tactics for the two Kims. Click here for
full text
Hongkong: The
conviction of former Wardley boss Ewan Launder is a beleated victory
for the ICAC, but little is being done to prevent potential abuses mushrooming
in the financial sector. Click
here for full text
Hongkong: The
2000 Budget avoids most of the issues of broadening the tax base and
relies on the windfall profits from the sale of the Tracker Fund. As
such it does a major disservice to reform of budgeting in the SAR.Click
here for full text.
Hongkong: A combination
of demograhics and import of cheap domestic labour has contributed enormously
to the prosperity of Hongkong's middle class. However the demograhics
are turning sour and the tax consequences must be faced. Click
here for full text
Hongkong: Y2K has become
an excuse for Greenspan to pump yet more money into the system and further
inflate the monstrous tech stock boom, and a global stock bubble. Worse
than profit manipulation is the disdain for yield. It will haunt the
generation caught when the bubble bursts.
Click here for text
Kuala Lumpur: The ASEAN meeting
and the Malaysian election are evidence that though the Asian economic
crisis is moving into history the political fallout is still occurring.
Indonesia remains the key to SE Asia and Japan to the Northeast. Click
here for text
Hongkong: The Disney project
is another example of the government's inability to keep a proper divide
between public and private sectors, politicsand economics. The subsidy
to Disney is huge and the return to tax payers exaggerated. Click
here for text
Hongkong: Agreement
on China's entry into WTO is immensely important to the world, and US-China
relations. But trade benefits to the US are relatively small and economic
gains for China are long term, and reform driven.
Click here for text
Hongkong: The death of former
Financial Secretary and Chief Secretary Philip Haddon-Cave is a reminder
of the standards of conduct as well as abilities that Hongkong ought
to be able to expect from its top civil servants. Click
here for text
Hongkong: The government's surprise
statement that the economy grew 0.7% in the first quarter hides less
pleasant realities. Current dollar GDP fell 4% and a huge increase
in the GDP deflator is hard to explain fully. Click
here for text
Hongkong: Idealistic western
intervention in Timor is all very well but ignores the west's
part in the development of the tragedy, issues of national interest,
the compromised role of the church and the separatist concerns
of Asian neighbours. Click
here for text.
Kuala Lumpur: The political
destruction of Anwar Ibrahim by his one time mentor, has been absorbing
theatre, with Anwar playing Othello to Mahathir's Iago .But why did
it turn out like this? With elections looming and Mahathir ageing what
does it mean for the future leadership of Malaysia's unique race-based
system of populist democracy? Prospect August-September.
Click here for text
Manila: The president has
used his State of the nation address to reaffirm commitment to
democracy. That he needed to do so shows how suspicions have grown of
resurgence of cronyism in business, the use of presidential influence
to silence critics and the motives behind moves to amend the constitution.
Estrada is no Marcos or Peron, but likes to help his pals. SMH July
31. Click here for text
Hongkong: There is
semantics in the war of words between Beijing and Taipei over
President Lee Teng-hui's assertion of a "special state-to-state"
relationship. Whatever the meaning of One China, or the difference
between state, nation and people, the reality is that there are two
Chinese states. Beijing's recognition of this would undermine
Taiwanese separatism. Click
here for text
Seoul: Kim Dae Jung's "sunshine"
policy towards the North may be making only snail's pace progress. But
that it has not been derailed by the recent naval encounters is due
to Beijing's help as well as Kim's determination to press ahead. US-Pyongyang
talks following William Perry's visit are also encouraging. But the
North is still fearful of opening to the South. SCMP June 27.
Click here for text
Hongkong: The deterioration
in US-China relations appears to be quite fundamental The national interests
of either party do not appear to changed greatly but emotion is in charge
as perceptions swing from over-excpectation to exaggerated fears. The
shift has significant consequences for the rest of Asia, which may face
choices that have been unncessary for 20 years. Click
here for text
Hongkong: The government's
dishonest data on residents' children on the mainland with
possible right of abode in Hongkong. It makes a mockery of family rights,
favours Canadian Chinese over real Chinese nationals and illustrates
a selfish elitism which invites nationalist retribution.
Click here for text
Hongkong: A description and analysis
of the raft of monopolies and oligopolies in Hongkong which are keeping
prices high, profits of big, influential companies high and thwarting
the growth of new businesses. This paper by Philip Bowring was published
by Credit Lyonnais Securities Asia on the occasion of their annual investment
forum in May. It is a pdf file. Click
here for text
Beijing: The bombing of the Chinese
embassy in Belgrade has exposed deep fissures in China's political thinking,
providing an opening for nationalistic and anti-reform sentiments. The
west must to more to atone for its stupidity, and give badly needed
WTO help to Beijing's beleagured modernsisers. Article appeared in South
China Morning Post May 14. Click
here for text
Hongkong: The government is using phony
statistics to frighten the population into backing its attempt to overturn
the Court of Final Appeal's ruling on rights of abode for children of
resident. This article appeared in South China Morning Post on May 5.
Click
here for text
Bangkok: Hollywood and history seldom
make comfortable bedfellows. So it is not surprising that Thailand has
thrown up roadblocks to a 20th Century Fox effort to shoot here Anna
and the King, a re-make of The King and I.
Click
here for text
Dhaka: The Indian subcontinent offers
some important lessons for Kosovo\Yugoslavia. So it is a pity that India,
with almost characteristic hypocrisy, has been so quick to criticise
NATO action as interference in the internal affairs of a sovereign state.
Click
here for text
Hongkong: Until this week it seemed
nirvana for the financial services world. The Dow was flirting with
five digits, the US House of Representatives banking committee had finally
just (March 12) approved a bill to enable "one stop" combines of banking,
securities, insurance and fund management. Mega banking mergers had
broken out all over Europe.
Click
here for text
Manila: The Asian crisis has been a
sharp reminder that for most of the region a thriving rural sector provides
the best underpinning of growth. Governments are looking again at their
agricultural policies.
Click
here for text
TOP OF THE PAGE