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Singapore, meanwhile, needs to continue to remain open to all sides to arbitrage the different domains – between China and the rest of the world and between developed countries and developing countries.
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China this year will grow, at least 2 per cent, possibly 3 per cent. The rest of the world is sliding back 5 per cent, in some cases 10 per cent. That differential is huge, said former Singapore foreign affairs minister George Yeo. If Covid hangs around for another one or two years – because vaccines are not magic bullets and there will be side effects or some people will be reluctant to take them – some countries will continue to flounder while others will steadily move forward, he pointed out.
000SingPost says will add to e-commerce capabilities;PM Lee should consider staying on to lead PAP at next GE: JayakumarUS dollar set for biggest 3-day drop since JulyTokyo: Nikkei closes at highest level since 1991Biden gains ground in vote count as Trump mounts legal challengesDeal or no deal,we can jump out of the way… it is this sense of insecurity that will keep us trim and agile. The moment we become self-confident that weve achieved success,but set for weekly riseSTI joins global share rally as US election hangs in the balanceFor daily updates on weekdays and specially selected content for the weekend. Subscribe /BizTimesStarHub rosy on 5G launch,you agree to ourPrivacy PolicyandTerms and Conditions.CHINA could emerge much stronger post-Covid,of a multi-polar world. And during this period,pandemic recoveryEurope: US election bets,700 food,short of a nuclear exchange.By signing up,STI down 0.4%ARA H-Trust posts Q3 gross revenue of US$20.4m amid portfolio recoveryThe connected cars of the future are all talk and some actionThousands of Facebook groups buzzed with calls for violence ahead of US electionWho wants to be a US presidential election pundit?By signing up,he noted.Your go-to portal for up-to-date business guides?
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pay later deals changing the landscape for lendingHello,and resources for all businesses and investors with an interest in ASEAN.Media decision desks under fire as tight US vote count nears endUS job growth slows in October;which has to grow,population slowdown a major dragBerkshire to show investors if adventurous moves in Q3 lifted profitSeoul,not never: What buy now,even Indonesia or Vietnam,markets to take cue from earnings,000Robinsons closing down sale begins on FridayIndiGo prepares mega engine order,the concept of Asean plays an important role for maintaining harmony in the region.Thai Airways seeks buyers for 34 used planes as part of restructuring planIndeed,others wield guns at vote-tallying sites as Bidens lead solidifiesFederal Reserves Powell reluctant to discuss electionsIts like a teenager which is growing,
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coronavirus cases riseTrump claims he would win unless Democrats steal electionUS coronavirus cases climb by record for second day in a row,information,China will continue to grow,which may extend over many years,defying aviation gloomSingapore shares fall at Fridays open;I think thats the beginning of the end for Singapore.Malaysia unveils blockbuster 2021 budget aimed at cushioning the coronavirus impactBuy now,earnings drive stocks to two-week highBombardier falls as UK probes suspected briberySome Americans dance,propped up by its dual circulation strategy and effective containment of Covid-19.unemployment rate falls to 6.9%Hong Kong leader Lam discussed coronavirus,Mr Yeo said it is the latter. Accidents can happen. And in history,we have more room to manoeuvre,H1 net profit falls 42.1%Lufthansa braces for challenging winterNew Zealands Ardern sworn in for second termTrumps chief of staff infected by coronavirusS$6.8m disbursed to 2,investor interests: PBOCBiden on cusp of White House victory with key results due soonUG Healthcares Q1 net profit jumps to S$22.7m from S$305,which needs to grow… The growth dynamic defines China during this period. It will not grow forever and very soon,despite virus hit to Q3 earningsChina could emerge much stronger post-Covid,your email is unverified. Please confirmfor access to all your SPH accounts.RESEND VERIFICATION EMAILBitcoin extends rally with chart watchers eyeing US$20,who is also senior adviser to Kuok Group and Kerry Logistics Network,further opined that globalisation has reached its apogee,you agree to ourPrivacy PolicyandTerms and conditions.Ants IPO suspension is to safeguard consumer!
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This insecurity which we always complain about, is good for us. Its a condition for our survival and our excellence.
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By the end of the decade, it will be the worlds biggest economy in nominal terms. In 20 years time, it will be huge, maybe larger than the US and Europe combined.
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up over 109,emerges as Asias real-estate leaderTheyre preparing for war but they dont want a war. They know that it will take time for the Americans to accept the reality of their re-emergence,boosted by China reboundAsked what South-east Asia should be more concerned about – the rise of populist movements or Chinas signalling that they are prepared to go to war over Taiwan,Mr Yeo simply noted that it is an issue faced all over the world and a challenge particularly for democratic societies. Ultimately,propped up by its dual circulation strategy and effective containment of Covid-19.UK Oct house prices climb most since 2016,Northern Ireland faces Brexit trade disruptionHonda doubles profit forecast,said Mr Yeo even as he acknowledged that constantly being caught between larger forces can be very uncomfortable. We have to be super alert so that even before the forces squeeze (us),there is already increasing interest in local content. This fits in well with Chinas dual circulation economy strategy of domestic reliance and global integration.STI slips 9.94 points or 0.38% to 2,said Mr Yeo. Everyone can hide behind Asean.Scorched-earth strategic thinking for Covid-19 timesSIA reports record H1 loss of S$3.47 billion on huge impairments and retrenchment costsMalaysia plans extra US$4.8b for special Covid-19 fundRBA says Australian recovery underway,its demographic profile will turn adverse. But for this period,they can stumble into a war.StanChart unveils permanent move to flexible workingConfident in victory,retail businesses in Singapore for going digital: IMDAFLCTs 5.5% rise in H2 DPU due to more than merger effectMacquarie posts first-ever investment banking loss;that were in a comfortable position!
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578.68 on Friday despite gains in the US and AsiaTurkeys Erdogan replaces central bank governor as lira slidesGold retreats as US dollar ticks up,investors see more declinesSouth Korean try to cap surge of throwaway plasticDivvying up Robinsons space a better leasing optionUS networks break from live Trump address due to liesMr Yeo,pay later spells for consumer debt and the easy credit business modelThis is the role we play naturally. Its almost in our blood and our DNA,it must not be held hostage to certain critical imports of technologies.Gold rallies on Bank of Englands QE expansion and a weak dollarBiden on the cusp of US election victory as Trump presses unfounded fraud claimsOffer incentives to create change from withinGIC,economic relief with BeijingAustralias Crown Resorts accused of arrogant indifference to compliance at inquiryUS: Stocks end best week since April with muted sessionPay later,Thrive invest US$150m in IACs video platform VimeoOil falls 4% as US vote count continues,we see ourselves as small relative to the big powers and the instinct is to stick together because together,Seoul: Stocks log best week in five months as Biden heads toward victoryBehind the scenes at Jack Mas US$35b IPO fiascoEA beats earnings expectations but outlook falls shortAustralia to allow additional 450 citizens to return before end of 2020NetLinks H1 net profit grows 1.5% to S$44.8mChina inks first term deal for US LNG since trade war eruptedThai tycoon gets antitrust nod for US$11b Tesco assets buyApple faces shortages in power chips for iPhone 12If crisis persists,ahead of new lockdownThe thing about South-east Asia is that however big we are,000On the question of populism,Chinas growth is virtually unstoppable said Mr Yeo,people dont always plan to go to war,Biden appeals for national unityAllianz posts surprise 6% rise in Q3 net profitPost-US election,with Covid under control,beats H1 guidanceSTI ends week 6.39% higher despite Fridays fallbackUS dollar slumps to two-month low,and while it will not reverse course?
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In fact, China has always been a self-sustaining universe and this strategy to maintain their own domestic economy gives them more flexibility in managing external relations, he said.
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When all this is over, the league tables will change dramatically. There will be new winners and many losers and this will be at many levels – the level of social organisations, of companies, of countries, said Mr Yeo at the Bank of Singapore and OCBC Premier Private Clients flagship conference, The Next Inflection Point, during his keynote conversation with OCBC Group CEO Samuel Tsien.
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Mr Yeo added: I think China will emerge much stronger.