Singapore to serve as a base for US Navy
Should Singapore agree to the request by the US Navy to be their base? Will China sees this as a threat? How can the government respond to this request? Here are my views. a) Singapore already has an agreement to provide naval facilities to the US Navy. This new request can be an extension of the current arrangement. b) I suppose...
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...
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