Although the vast majority of economists are currently hailing the
free fall of the dollar as a windfall for American business, the
dollar’s demise is a disaster for American consumers. And a
disas... Read More...
The specter of
inflation is haunting Asia. Just ask Singapore, normally viewed as
the least inflation-prone country in the region. Despite a strong
currency, deflationary fiscal policies and th... Read More...
Photo by Derrick Chang
The former Portuguese
enclave of Macau has long been almost as notorious for the corruption
of some government officials as for its gambling and sex industries.
But mass p... Read More...
Virtually every day for
17 years, a brash entrepreneur named Allen Zeman drove past the
entrance to Ocean Park, the ageing, somewhat tatty mountainside
amusement park on the south coast of Hong Kong Is... Read More...
While the world for the last three weeks has had China in its gunsights for its economic support of Burma's repressive junta, the fact is that under the radar, half the countries in Asia are helping t... Read More...
There is an almost
perfect yet absurd symmetry to the latest attempt to seize control of
PCCW, the former Hong Kong Telecom. It was once the largest listed
entity on the Hong Kong stock exchange but ... Read More...
Low-Cost and High-Risk
A Thai-owned budget airliner filled with foreign tourists
crashed amid bad weather and low visibility on Thailand’s resort island of Phuket on
Sunday afte... Read More...
and advertisements lining Brunei’s thoroughfares often implore
their citizens to do something (or buy something) for the future
generation. But, while most Bruneians have it quite ... Read More...