Finance and Economy
When the Chinese government left planeloads of $2 million worth of Australian lobster to rot on a Shanghai tarmac last November, it was a signal that the hostility between both countries could only get worse. The shipments had experienced Customs clearance delays because the Chinese authorities were inspecting 100% of the Australian rock lobsters to […]
... written on Apr 22 2021When backdoor Prime Minister Muhyiddin Yassin visited the Ramadan bazaar in Putrajaya a couple of days ago, an embarrassing incident had happened. But the government-controlled news media did not or refused to report it for obvious reason. How could they publish a humiliating episode, which occurred within Muhyiddin’s own backyard – the prime minister’s office […]
... written on Apr 21 2021It’s been close to 12 months since China suspended imports of beef from Australia, and it’s hard to see how the ban would be relaxed anytime soon. In fact, the damage to Aussie red meat, valued at about A$3 billion, could be permanent. The exports of Australian beef to the Chinese market was the most […]
... written on Apr 19 2021When Prime Minister Muhyiddin Yassin announced a RM4 million allocation for Sikh community four days ago (April 12), he came well prepared with another announcement. The RM4 million is just loose change when compared to RM1,400 million (that’s RM1.4 billion) allocated to the Islamic Development Department Malaysia (Jakim) every year. The prime minister claimed he […]
... written on Apr 16 2021Grab Holdings Inc. is going public in the United States through a merger with US-based Altimeter Growth Corp. The partnership, which values the Southeast Asian ride-hailing and food delivery giant at a mind-boggling US$39.6 billion in market capitalization, will see its stock trade on the Nasdaq Composite Index. Essentially, that makes Grab the Southeast Asia’s […]
... written on Apr 14 2021Less than a decade ago, people would laugh at the idea of digital currency, popularly known as bitcoin. On Monday, the value of the cryptocurrency market topped US$2 trillion for the first time. According to CoinGecko, which track the values of digital currencies, the market capitalization of the cryptocurrency market has doubled in just over […]
... written on Apr 07 2021Many people in today’s business industries designate their 401k benefit as a retirement. But these plans face exceptional risk with exposure to things like inflation threatening account holder’s funds. Without a diverse mix in the portfolio, there’s little protection for what you’ve worked so hard to accumulate. As people develop an understanding, whether through […]
... written on Apr 05 2021A week ago, U.S. President Joe Biden said he would prevent China from passing the United States to become the most powerful country in the world. It doesn’t matter that history has proven that China had never invaded or colonized other countries or territories, unlike the European colonialism or the Japanese imperialism. The U.S. is […]
... written on Apr 01 2021Managing an international business has become quite complicated over the past year due to the world pandemic. Businesses are faced with the challenges of travel and movement, as well as importing and exporting goods at a timely pace. Here are some of the best ways to keep your international business running smoothly and to the […]
... written on Mar 31 2021On Friday (March 26), China’s Ministry of Commerce announced that import duties between 116.2% and 218.4% will be imposed on Australian wines effective Sunday (March 28). The massive tariffs arrived after the ministry concluded that domestic wine industry had been hurt by the dumping of cheap Aussie wine. Worse, the anti-dumping punishment will last for […]
... written on Mar 26 2021
