Task Force on Minimum Wage
Friends, After the passage of the minimum wage law, Matthew Cheung, the Secretary for Labour and Welfare, openly acknowledge that workers would lose their jobs. It is said that the legislation is passed and that now there is no point debating if Hong Kong should have a statutory minimum wage,Continue reading>
Hong Kong's economy: End of an experiment
Tom Easton (The Economist, July 16, 2010) The introduction of a minimum wage marks the further erosion of Hong Kong’s free-market ways. …The struggle over the minimum wage reflects a gradual shift, not a sudden one. Legislation giving the colony’s governor the right (but not the obligation) to impose aContinue reading>
Competition Law and (Dis)order
Dan Ryan (Wall Street Journal, 15 July 2010) One of Hong Kong’s greatest commercial strengths is the rule of law. Both global and local businesses operate right on the doorstep of China with all the traditional common-law protections found in America or Britain. The territory has the additional advantage ofContinue reading>
On Minimum Wage
When Ms. Weng, a receptionist who the Minimum Wage is sure to impact, was asked about the legislation, she didn’t seem to know what it was. Ms. Weng moved to Hong Kong from Shun De (順德) China when she was ten. At 25 years old, she works as a receptionistContinue reading>
Open Letter on Competition Law
An “open letter” to Government and business from The Lion Rock Institute: LRI reiterates that the current competition legislation will greatly undermine competition and the rule of law in Hong Kong Don’t sell out the concept of competition – Hong Kong’s business and legal reputation is at stakeCan you acceptContinue reading>
Bad Buy
Dan Ryan (SCMP, 7 July 2010) For over five years, the Lion Rock Institute has been trying to draw public attention to the flaws in the government’s plan to introduce a cross-sector competition law in Hong Kong. The central problem with the proposed law is that it is based onContinue reading>
Newsletter Archive
Lion Rock Newsletter – June 2013 Lion Rock Newsletter – May 2013 Lion Rock Newsletter – April 2013 Lion Rock Newsletter – March 2013 Lion Rock Newsletter – February 2013 Lion Rock Newsletter – January 2013 Lion Rock Newsletter – December 2012 Lion Rock Newsletter – November 2012 Lion RockContinue reading>
Books and Magazines
Books and Magazines The Road to Serfdom 《往左走往右 走-海耶克啟迪自由之路》 In addition to Best Practice, the Institute has many other publications. The Institute’s publications not only help to educate students, but also the greater public. With support, Lion Rock published its first publication, the Chinese translation of The Road to Serfdom《往左走往右Continue reading>
Publications
Submissions Policy Papers Books & Magazines One of the ways in which The Lion Rock Institute engages in issues is through the development of policy, conducting research and analysis, and publishing findings. The Institute is involved in all policy matters in Hong Kong, with the majority of efforts going towardsContinue reading>
Events
To register, please visit here. https://event.lionrockinstitute.org/