Implications of ANZ’s sale of its Asia Business to DBS
On 31 Oct 2016, ANZ released an announcement that it has decided to sell its Asia business in Singapore, Hong Kong, Taiwan and China to DBS, citing lack of compelling competitive position in the region. ANZ remains committed to growing its institutional business in these regions, but will be unloading all of its retail businesses...
Duterte unsettles Asean
The move by Duterte to patch up relations with China, to lean closer to China is now touted as unsettling to Asean. When the Philippines were leaning to the USA, be the barking dog of the USA, raising tension in the South China Sea, that was not unsettling to Asean. What this new slogan is saying is that Asean should be leaning...
Why substandard arguments against the PAP should not be used
The States Times Review recently ran an article entitled China successfully plot Singapore into recession. I like to read articles or watch programs that are highly critical of the PAP or even Singapore. But certainly not such substandard television program that forced up a case by stringing many unrelated facts together! I...
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