Is the FDA overreacting to a widespread environmental contaminant?
In July 2018, the food and drug administration (FDA) of the United States (US) announced a recall of the antihypertensive angiotensin receptor blocker (ARB) valsartan because of contamination with a cancer causing nitrosamine, N-nitrosodimethylamine (NDMA). Initially affecting only one Chinese factory, the recall has been expanded...
It never rains but it pours
Click to enlarge Last year, Singapore lost Broadcom (a Fortune 500 company) when it re-domiciled to the United States. With that move, many local employees lost their jobs, the government loses much tax revenues, and many of its local suppliers lost a major customer. This year, IBM manufacturing will be leaving Singapore, Kinokuniya...
Meritocracy? What meritocracy? How our PMs are chosen
But first, where Heng and Tharman failed. Further to what was reported in London trashes S’pore, London in 2019 is still the king of the offshore renminbi payments market according to the Chinese. The UK (i.e. London) accounted for 37% of renminbi foreign exchange transactions outside of China in January.In the final...
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