We need an open mind to address the challenges
China is now promoting globalization. But critics complained that many industries in China are still protected or are receiving government subsidies. Rather than complain about China, the other countries can also adopt the same approach, (i.e. to protect some of their industries through tariffs and other measures). The tariffs...
What are our multi-million dollar ministers doing to counter the Kra Canal threat?
I disagree when people say that Singapore has no natural resources. Our strategic location at the tip of the Malayan peninsula is our best natural resources. It has helped us prosper over the centuries and spins off many other industries such as finance, warehousing and logistics, etc. and created hundreds of thousands of jobs...
The Economic Dilemma
The international media has thrown cold water at China’s One Belt One Road (OBOR) strategy. One of the most common attacks is that China’s ‘soft loans’ for infrastructure construction to developing countries will eventually put a great debt burden on these countries. Furthermore, the benefits will go mostly to Chinese...
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