August 10th, 2012
09:07 AM GMT
Share this on:

Editor’s note: Outlook is CNN's in-depth look at business climates around the world. To August 12, 2012, we’re focusing on Singapore.

(CNN) – It’s always been a case of two-way traffic in the spirited rivalry between Singapore and Hong Kong to attract expats – those that do a stretch in Singapore often do one in Hong Kong, too.

The comparisons form a staple of bar room chatter in both Asian cities.

After Singapore’s manicured dormitory suburbs, the sometimes over-weaning presence of the state and its tame media, Hong Kong’s fast pace polity and bare-knuckled local press can be a breath of fresh air. FULL POST

Posted by: ,
Filed under: Outlook Singapore


August 2nd, 2012
08:35 AM GMT
Share this on:

Editor’s note: Outlook is CNN's in-depth look at business climates around the world. To August 12, 2012, we’re focusing on Singapore.

Singapore (CNN) – Singapore has no room for solar mirror farms, its coast is used for ports and shipping lanes and its tropical air may be ideal for holidaymakers, but no good to generate wind power.

Despite these natural disadvantages, the country is trying to position itself as a world leader in clean energy. FULL POST

Posted by: ,
Filed under: Outlook Singapore


July 23rd, 2012
05:18 AM GMT
Share this on:

Editor’s note: Outlook is CNN's in-depth look at business climates around the world. To August 12, 2012, we’re focusing on Singapore.

Singapore (CNN) – Singapore’s strategic position at the mouth of the Strait of Malacca – one of the world’s critical energy chokepoints – has always meant the resource-poor city state has occupied a special place in the world of geopolitics.

Almost all of East Asia’s oil supplies must pass through the narrow shipping strait making Singapore one of the world’s busiest ports, but also vulnerable to shifts in the region’s energy mix.

The recent unrest in the Middle East – which has some analysts saying that $100 per barrel is likely to be the default benchmark oil price for some time to come - has demonstrated to Singapore that its energy security hinges on reducing its exposure to price and supply risks. FULL POST

Posted by: ,
Filed under: Outlook Singapore


February 27th, 2012
06:31 AM GMT
Share this on:

Hong Kong (CNN) – It’s the stuff of urban myth that if a billion Chinese all jumped off a chair at the same time, the earth would shift off its axis.

Now the World Bank is considering just such a question in the context of China’s breakneck growth: Can a billion Chinese become middle class without disrupting the world, fouling the environment and tearing apart the fabric of their own society?

The World Bank report “China 2030: Building a Modern, Harmonious, and Creative High-Income Society,” released on Monday, says China has the potential to become a modern and creative high-income society – but it won’t be easy.
FULL POST

Posted by: ,
Filed under: AsiaBusinessChina


January 18th, 2012
01:13 PM GMT
Share this on:

Hong Kong (CNN) – More than 10 months after the Fukushima meltdown and Japan is still dealing with the fallout - this time the key industry of tourism is reeling from the catastrophe.

According to government figures released Tuesday, the number of foreign nationals entering Japan dropped 24.4% from a record of 9.45 million in 2010 to 7.14 million in 2011.

New entries of foreign nationals - a figure that excludes working or studying expatriates that may have returned after home leave - made a similarly dismal showing. The Immigration Bureau of the Justice Ministry said new entrants fell from 7.92 million in 2010 to 5.45 million in 2010, slumping 31.2%.
FULL POST

Posted by: ,
Filed under: Business


January 5th, 2012
09:37 AM GMT
Share this on:

Hong Kong (CNN) - Fears that China could soon be facing its own Lehman-style banking meltdown are being fueled by a National Audit Office report which found 531 billion yuan (US$84 billion) worth of irregularities in local government debt.

According to the Chinese government website (www.gov.cn), the audit found 10.7 trillion yuan of local government debt at the end of 2010, a result of easy loans made possible by the government’s 2008-2009 stimulus injection.

Most of the money, say analysts, has found its way into the construction industry, creating entire cities, complete with apartments and offices that remain empty and unsold.

Many companies also have unpaid inventories, according to the government audit, and have little or no oversight of accounts.

FULL POST

Posted by: ,
Filed under: China


November 15th, 2011
07:48 AM GMT
Share this on:

While Thailand’s floods offer a golden opportunity for automakers to diversify their investment across the region – hunting down cheaper suppliers in nearby Vietnam or Indonesia – the kingpin of the Thai market, Toyota, has no plans to go anywhere.

“Toyota is so comfortable in Thailand, I don’t see any major move away any time soon,” said auto industry analyst Michael Dunne. FULL POST

Posted by: ,
Filed under: AsiaAuto industryBusiness


About Business 360

CNN International's business anchors and correspondents get to grips with the issues affecting world business, and they want your questions and feedback.

 
 
Powered by WordPress.com VIP