|
Webb-site Serving HK since 1998 |
Search organisations Search people |
Search the site
Get our free newsletter! |
Articles: Government policy - general
Cecilia Lee Sau Wai appointed Chair of Joint Committee on Student Finance
HK Gazette, 13-May-2011 This extends her membership to at least 11 years - she was a member for 6 years from 2002, then Deputy Chairman for 3 years until 2011 - a good example of how the 6-year rule for statutory and advisory appointments can be rendered meaningless by changing titles.
Your ID number is not a password
There is a common misconception that HK identity card numbers are secrets, a misconception that Government is promoting by its policy actions, putting us on the road to increased abuse of the HKID and higher economic losses from fraud. To prevent this, the register of ID numbers and names should be published, after a transition to allow commercial abusers to stop abusing the ID for authentication. This article also looks at the unfulfilled potential of the Smart ID Card, including biometric authentication and electronic money. (8-Nov-2010)
The Post Office Investment Fund
Following yesterday's Audit Commission report on Hongkong Post, we look at the potential closure of rural post offices, removal of its mail monopoly and universal service obligation, and its cash-rich balance sheet and prime property. We also discuss the Government's tendency to stash pots of money away in different bodies rather than pass recurrent spending through the budget and the Legislative Council and manage its liquid funds centrally. (22-Apr-2010)
Who's who in HK's elite
Webb-site.com today launches a new database feature, with past and present membership of the hundreds of statutory and advisory bodies appointed by the Government, as well as the Election Committee, Executive, Legislative and District Councils, adding to our database of listed company directors. If your organisation is important, but not a listed company or government body, then help us add it to the database. (12-Apr-2010)
Incredibubble!
What else can you call a US$3.2tn market which has gained 358% in 20 months and trades on a historic P/E of over 60, which is probably closer to 80-100 if you take out stock-market and real-estate revaluations from "E". We look at the bubble, the impact on HK, the thru-train, the calls in HK for an A-H arbitrage mechanism, and how the bursting may affect the socio-political system. The absence of a free media is itself contributing to the bubble. (16-Sep-2007)
Building a Value Proposition for HK
HK Chief Executive Donald Tsang recently convened an Economic Summit of 33 people, which spawned 4 focus groups, including one on financial services, which in turn produced 3 working groups, one of which, headed by HKEx government-appointed director and Chairman Ronald Arculli, has sought submissions on the markets. This is our submission. (4-Oct-2006)
Government Data Security - the IPCC Case
Webb-site.com editor David Webb blew the lid on a huge leak of data on complaints against the Police. More than two weeks on, the silence from the Government and IPCC offers no comfort to the victims, who could sue for injury to their feelings. We recount the discovery and call for an independent panel of inquiry into the bigger issue of data security across all HK Government organisations. (28-Mar-2006)
eGovHK.com to Float on GEM
In an exclusive report, Webb-site.com has learned of a secret government plan to float itself on GEM. We look at the detailed implications of this, the ultimate step in Government privatisation. Investors are already queuing up to apply for shares in the new entity, to be known as eGovHK.com. (1-Apr-2000) |
|
Sign up for our free newsletter Recommend Webb-site.com to a friend Important notice: All material on this site, except where otherwise accredited, is copyright to Webb-site.com. Media and researchers are welcome to quote from articles on this site, provided that such quotation is attributed to Webb-site.com. The information in this site should not be relied upon by any person in making any investment decision. No responsibility or liability is accepted by Webb-site.com or any person related to it for any loss arising from or in reliance upon the whole or any part of the contents of this site. Persons who are in any doubt about an investment or potential investment should take professional investment advice. From time to time parties associated with Webb-site.com may own long or short positions in securities issued by or related to companies or governments on which we comment. |