Friday 30th March 2018
Dear Reader,
NEW ARTICLE
Solving the MPF-LSP offset problem, again
The HK Government fails
to identify the obvious solution and instead pursues a doomed approach of
perpetuating MPF plus LSP. That will either result in taxpayers fully funding a
windfall to existing employees or the Government losing a judicial review for
overriding the implied terms of existing employment contracts and violating
employers' legitimate expectation of not having to pay twice. (30-Mar-2018)
RECENTLY ON WEBB-SITE
Respect,
the national anthem and the Basic Law
By imposing the National Anthem Law on HK, the CPG seeks to command
rather than earn respect. It will trigger another constitutional test of the
freedoms promised in the Basic Law as soon as the first international HK soccer
match after the law is passed kicks off. We also find a 1941 recording, 8 years
before the song became an anthem, including a translation that Beijing would not
regard as politically correct today. March on! (25-Mar-2018)
Facebook, Big Brother and China
The political and media furore over external use of Facebook data
misses the point. Facebook, Google and other internet giants know far more about
their users than any app developer ever will. Facebook offers its own political
ad-targeting service based on its analysis of users' data, just part of its over
US$40bn of annual monetisation of users through advertising. It's a price that
users appear willing to pay for the services, but in authoritarian states like
China, with it's pending "Social Credit System" that poses a far bigger threat
to society. (23-Mar-2018)
DID YOU KNOW?
Webb-site Who's Who has data on the membership of almost
all HKSAR statutory
bodies and
HKSAR advisory bodies since 2000. And you thought we just
did listed companies!
And much more besides...
Remember that, apart from our occasional
artisan articles, you can follow Webb-site Reports via RSS,
Twitter,
Facebook or
Google+.
Pass it on!
This free newsletter goes to over 25,000 subscribers. If you enjoy the site, then please
invite a friend to find out
what they are missing and subscribe!
Copyright notice
This e-mail and small extracts of any article on the site may be freely quoted
in any other publication but ONLY if attribution is given to
Webb-site.com.
David M. Webb
Editor, Webb-site.com