{"id":69072,"date":"2017-10-15T19:12:22","date_gmt":"2017-10-15T12:12:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-budget-wont-fix-core-problems-of-dominant-cartels-and-lack-of-competitiveness\/"},"modified":"2017-10-15T20:03:11","modified_gmt":"2017-10-15T13:03:11","slug":"hong-kongs-budget-wont-fix-core-problems-of-dominant-cartels-and-lack-of-competitiveness","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-budget-wont-fix-core-problems-of-dominant-cartels-and-lack-of-competitiveness\/","title":{"rendered":"Hong Kong\u2019s budget won\u2019t fix core problems of dominant cartels and lack of competitiveness"},"content":{"rendered":"


\nHong Kong\u2019s recent budget creates its own unconventional version of Freakonomics: the morality of how bureaucrats imagine the city works versus the economics of how it actually works. Despite pumped up welfare and social spending, the government\u2019s failure to address structural economic and marketplace reform will only mean that the quality of living and competitiveness standards will only worsen.
\nThe government can easily spend more billions when it has control over reserves that…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s budget won\u2019t fix core problems of dominant cartels and lack of competitiveness<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s recent budget creates its own unconventional version of Freakonomics: the morality of how...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-69072","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-hY4","jetpack-related-posts":[{"id":102166,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-competitiveness-under-threat-as-limited-office-land-set-to-run-out-in-10-years\/","url_meta":{"origin":69072,"position":0},"title":"Hong Kong\u2019s competitiveness under threat as limited office land set to run out in 10 years","date":"December 11, 2018","format":false,"excerpt":"\r Hong Kong faces a host issues in the property sector. While the residential supply constraints grab the headlines, there is also an acute shortage of grade A office space in the world\u2019s most expensive market. To make matters worse, the total land supply presently set aside by the government\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70390,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-competitiveness-fades-with-record-home-prices-while-new-york-keeps-its-allure\/","url_meta":{"origin":69072,"position":1},"title":"Hong Kong\u2019s competitiveness fades with record home prices, while New York keeps its allure","date":"October 30, 2017","format":false,"excerpt":"\r New York is the most competitive city on earth, taking into account its technological innovation, housing cost, global connectivity, productivity with its population size, according to a collaborative report by the United Nations (UN) with China\u2019 foremost think tank. Five of the world\u2019s 10 most competitive cities are in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102202,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-biggest-and-last-data-centre-site-fetches-hk5-45-billion\/","url_meta":{"origin":69072,"position":2},"title":"Hong Kong\u2019s biggest and last data centre site fetches HK$5.45 billion","date":"December 12, 2018","format":false,"excerpt":"\r Hong Kong\u2019s biggest and last remaining piece of land designated for development into a data centre sold for a higher-than-expected HK$5.45 billion to Sunevision Holdings, sharpening the city\u2019s competitiveness in a race with Singapore to be the regional hub for such purpose-built facilities. The winning bid was 45 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26604,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-must-focus-on-liveability-to-improve-its-sustainability-ranking\/","url_meta":{"origin":69072,"position":3},"title":"Hong Kong must focus on \u2018liveability\u2019 to improve its sustainability ranking","date":"September 20, 2016","format":false,"excerpt":"\r Hong Kong\u2019s a great place to do business, but it will need to invest in projects like parks that make it more liveable if it\u2019s going to maintain its global competitiveness, according to design and consultancy firm Arcadis.\r \r Source : South China Morning Post\r Read more...Hong Kong must\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104143,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-pedestrian-friendly-approach-could-transform-key-urban-areas-into-vibrant-social-and-retail-hubs\/","url_meta":{"origin":69072,"position":4},"title":"A pedestrian-friendly approach could transform key urban areas into vibrant social and retail hubs","date":"February 19, 2019","format":false,"excerpt":"\r Hong Kong\u2019s retail landscape is in danger of falling behind, as millennial and Generation Z consumers, who continue to influence the future of retail by setting new benchmarks for the industry, demand digitally-engaging, entertaining and shareworthy experiences. I believe a fundamental mindset shift is needed to deliver these experiences\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128647,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-hong-kongs-industrial-real-estate-is-going-from-strength-to-strength\/","url_meta":{"origin":69072,"position":5},"title":"Why Hong Kong\u2019s industrial real estate is going from strength to strength","date":"August 15, 2022","format":false,"excerpt":"\r Hong Kong\u2019s industrial assets have supplanted offices as a dominant sector and also provide a rare bright spot for Asia\u2019s commercial property market. A scarcity of quality industrial space and Hong Kong\u2019s status as a logistics hub add to the appeal.\r \r Source : South China Morning Post\r Read\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/69072"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=69072"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/69072\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=69072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=69072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=69072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}