Free Trade Agreement (FTA)
RCEP is a Free Trade Agreement (FTA). However, it has very little to do with increasing trade, but rather to guarantee the rights of MNCs when they invest in a foreign country. Whenever our government talk about FTAs, it likes to point out that tariffs of goods will be slashed and therefore will be cheaper and trade will increase....
DBS India’s proposed takeover of a cash-strapped Indian bank
I refer to the news about DBS India's proposed takeover of a cash-strapped Indian bank. There are mixed reactions from different people and different quarters and I have very strong reservations about it too. On paper, it maybe an opportunity too good for DBS to miss, that it offers DBS an opportunity to further tap into the...
Is there any ‘Risk Free’ investment that will generate profit?
Technically speaking, yes, but in reality, no. Even Government Bonds or playing Arbitrage would have risk, no matter how small it is. Government, country or banks could just become insolvent, what else wouldn't have risk? Thus if anyone starts to tell you your investment is baojiak risk free, that's too good to be true, it would...
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