Business

A general view of at the Yangshan Deep-Water Port in Shanghai, China, on April 9, 2018. JOHANNES EISELE/AFP/Getty Images

New Tariffs Show Trump’s Determination to Squeeze China Over Trade

WASHINGTON—Confidence about the U.S. economy has emboldened President Donald Trump to take a tougher stance on China, raising tariffs on May 10 to span $200 billion worth of Chinese imports. Trump in a May 13 series of tweets warned, “China will be hurt very badly if you don’t make a deal.” Tensions escalated between the United States

US President Donald Trump (C) waves next to Mexican President Enrique Pena Nieto (L), Mexican Economy Minister Ildefonso Guajardo (2-L) Canadas Foreign Affairs Minister Chrystia Freeland (2-R) and Canadian Prime Minister Justin Trudeau, after signing a new free trade agreement in Buenos Aires, on November 30, 2018, on the sidelines of the G20 Leaders' Summit. MARTIN BERNETTI/AFP/Getty Images

Trump Is Creating a Global (Nearly) Free Market Economy

Commentary Most economists will say that free markets produce the greatest amount of output, the lowest price for goods and services, the greatest efficiency, and the highest quality. Free markets are innovative, responsive to the needs of the consumer, and result in higher incomes for all workers, although some workers get much, much higher income

Financial Trends: What a Cashless Singapore Would Look Like 

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

Expanding CHARLES & KEITH’s Global Footprint

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

New Kids on the Block: MAKESPACE 

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

Dare to Be Different

Marketing Your Business: Dare To Be Different

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

The Biggest Mistake in Customer Service: Apologising Too Much

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,

The Next Stage in the Trade War

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

modern Filipiniana gown from Michael Leyva

Filipino Chinese: A Major Force in the Philippines

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

Car-Sharing Replace Car Ownership

Will Car-Sharing Replace Car Ownership in Singapore?

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”

Union Energy Group.

A Glimpse Into the Success of Union Energy: What’s Next?

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

The Man Who Lost Everything Made Sure the Next Generation Won’t

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

Bitcoin: A Disaster for the Environment and Humankind

Bitcoin: A Disaster for the Environment and Humankind

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

Possible Impact of GST Hike in Singapore

By G. Kalyan Kumar Singapore’s proposed hike of the goods and services tax (GST) from 7 to 9 percent after a surplus budget has baffled many. For the 2017 financial year, Singapore posted a net surplus of S$9.6 billion that was above the estimated S$1.9 billion. It was the biggest surplus in recent times. In

Advice for Millennials to Thrive in Workforce of the Future

Young, meticulous, passionate – these are the qualities that represent Looi Qin En, co-founder of Glints, a Singapore-based job portal targeting millennials. Glints aims to help millennials explore jobs, internships, courses and other opportunities, and do what they love. In 2014, Oswald Yeo, Looi Qin En and Seah Ying Cong chose to drop out of

Omnichannel Retailing

Once considered a threat to brick-and-mortar stores, e-commerce is now becoming a necessary complement. Retail businesses are trending toward setting up both physical and online stores, allowing customers the choice of shopping online at their convenience, or visiting brick-and-mortar outlets to try out products. This burgeoning concept of providing a seamless, cross-channel shopping experience is

PopUp-Angels-Drive-Growth-Using-Pop-up-Stores

PopUp Angels: ‘Drive Growth Using Pop-up Stores’

Stores are popping up for a few weeks to a few months and creating a buzz in cities such as New York and London. These pop-up stores are a cheaper alternative for retailers and marketers to showcase their products during a product launch or seasonal sale, doing away with the hefty one- or two-year rental

Ms Amanda Aida Atan, a published author, business coach & sales strategist. (Courtesy of Amanda Aida Atan)

Creating Presence in the New Retail Environment

“With an online business, there are three key success factors to get more buyers and sustain them: a powerful online presence, good customer service rapport and an efficient delivery arrangement.” — Ms Amanda Aida Atan, VIBES Mastery Success Academy The double-digit growth of the digital, social and mobile usage in Southeast Asia has transformed the modus operandi

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