Strained by escalating political tensions and a resurgence of COVID-19, Hong Kong’s stock market remains bearish. Taiwan’s Caixin Media chairman Xie Jinhe says that the slump in the stock market reflects Hong Kong’s uncertain future. As the sweeping national security law is imposed on Hong Kong, several countries including the UK, Canada, Australia and New
News Analysis Globalisation, which has shaped the world economic order over the past few decades, was already in trouble before the pandemic. And with the emergence of COVID-19, the retreat from global economic integration has gained momentum, setting in motion a global reordering that’s expected to play out over decades. For the United States, President
According to Reuters on June 1, Chinese authorities had ordered state-owned enterprises to suspend the purchase of agricultural products such as US soybeans and pork. The picture shows the American farmers harvesting soybeans. (Scott Olson/Getty Images) After authorities of the Chinese Communist Party (CCP) pushed the new national security law in Hong Kong, US-China tensions
According to statistics released by the Chinese government in April 2020, China was hit by a 6.8% drop in its gross domestic product (GDP) year-on-year in the first quarter of 2020. This is the first time that China has recorded a negative GDP growth since it first released quarterly GDP data in 1992. However, according
Ever since the first few cases of Covid-19 came to light in Wuhan City in the Hubei Province of China, the world has never been the same. Now a global pandemic, the disease has infected millions throughout the world and forced entire countries into lockdown. Among the largest and most heavily affected countries, the U.S.
For years now, the US Chamber of Commerce, which has sponsored the ASEAN Business Outlook Survey, has identified corruption as a major challenge to doing business in the ASEAN region. In January 2016, Transparency International (TI), an anti-corruption organisation based in Berlin, released its Corruption Perceptions Index. “Based on expert opinion from around the world,”
The much anticipated debate between Fox Business Network’s news anchor Trish Regan and Chinese state media CGTN’s host Liu Xin about the ongoing US–China trade dispute was finally on air the morning of May 29. It all started after Ms Regan said on her show ‘Trish Regan Primetime’ on May 14 that the United States
In the studio of Typesettingsg situated at Pearl’s Hill Terrace, composing sticks, trays of metal types, printing presses and inks – remnants of a forgotten traditional art – are found lying on the table, stacked on shelves or kept in the drawers. There is a certain beauty and elegance to this traditional art that reflects
Fashion Makerspace I have an unused electric sewing machine hidden under my bed. I bought it from an electrical fair, and left it there for years as I simply wasn’t very sure how to operate a sewing machine. I certainly love to make my own clothes. On top of that, it is every little girl’s
At the opening session of the Singapore Economic Review Conference 2015 held just before National Day, Mr Ravi Menon, Managing Director at the Monetary Authority of Singapore (MAS), gave an inspiring talk titled ‘An Economic History of Singapore: 1965 – 2065’, in which he revealed: In 1965, Singapore’s nominal GDP per capita was around US$500
Mr Charles Wong, the Chief Executive Officer of CHARLES & KEITH Group of Companies, was able to build a humble shoe store into an international brand without borrowing from banks or investors. But how did he accomplish this feat? In a two-hour session at NTUitive on June 24, Mr Wong recounted his entrepreneurial journey, which
Hailing from Hwa Chong Institution’s graduating batch of 2014, Ang Kia Yee and Leong Xuan Li, both 19 this year, have gathered together a group of passionate individuals to form an up-and-coming youth theatre group, MAKESPACE. The name MAKESPACE was decided unanimously after much thought. According to Kia Yee, “Basically, the philosophy is that a
Paul Lim wears more than one hat. He is the founder of two award-winning companies – Craftech Printing Services Pte Ltd and AStar Success Pte Ltd – and the Honorary Treasurer and Chairman of Marketing Institute of Singapore’s HR & Finance committee. With over two decades of experience and a Bachelor of Marketing and Finance
One of the fundamental rules taught to customer service employees is to apologise when a customer is angry or dissatisfied. When conversing with an angry client, workers in hotels, restaurants, or travel agencies will often try to express their empathy or sympathy, and continue to apologise over and over. But according to a new study,
Despite the relative calm in the U.S.-China trade war and the prospects of reaching an agreement, the conflict is likely to develop further in 2019. Review of leading events to this day: The Epoch Times looks at the concurrent battles that make up the trade war. 1. Solar panels and washing machines Beginning from October
Chinese Filipinos or Filipino Chinese, as they are popularly called in the Philippines, are one of the largest overseas Chinese communities in Southeast Asia, with a population of 1.5 million. These Filipinos with Chinese ancestry are also called ‘Tsinoy’. Having inherited the Chinese work ethic of ‘perfection in work’, as well as values of humility
The burgeoning ride-sharing economy has been rapidly reshaping the landscape of urban mobility. Not long after ride-sharing companies like Uber and Grab began threatening the traditional taxi industry, the brightly coloured bikes of bike-sharing companies have become ubiquitous across the island. When BlueSG rolled out Singapore’s first large-scale electric vehicle sharing program last December, “car-sharing”
The familiar household liquefied petroleum gas (LPG) brand, Union Energy, has made headway in the electricity retail market. This came after the Energy Market Authority’s announcement to fully liberalise the electricity retail market by the second half of 2018. Consumers will have the option to switch from being on regulated tariffs to buying electricity from
John Robinson Lim Gokongwei Jr. was born in 1926 to a Filipino-Chinese father who had ancestral ties to China’s Fujian province. His great-grandfather was Pedro Gotiaoco, a young peddler from China who found success after establishing trading company Gotiaoco Hermanos with his brother. John was born into this wealthy family that lived in Cebu. John’s
As one of the top 10 countries most interested in Bitcoin (BTC), February 5 must have been a tumultuous day for many Singaporeans. Plummeting over 60% from its peak in less than 2 months, the Bitcoin craze sent chills down the spine of its investors. Perhaps it is time to revisit the nature of Bitcoin
