Archive for the ‘Business’ Category

Will the last US MNC leaving China switch off the lights?
Further to Apple planning to leave China with help of Taiwanese Foxconn, big US MNCs such as HP, Dell, Microsoft and Amazon are looking to shift big amounts of their production out of China, says the Nikkei Asian Review. The potential exodus reveals how the US-China tech war is accelerating the already underway cost-push migration...

Is our financial fate in good hands?
Extract from this telling article by Reform Party chief, Kenneth Jeyaretnum. “Temasek’s results were announced on 9 July and they were not a pretty picture. While the Board claimed a 1.5% return for the year to 31 March 2019 this was only after translation into depreciating Singapore dollars. In US$ terms the portfolio...

Will mountain of US$26 trillion Chinese debt come crashing down on Temasek?
Phillip Ang * The author blogs at LikeDatOsoCanMeh. Read More →
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