“You cannot undo the moves, but you can make next step better.” – Sari Caine THE first time my second child, Hayek, and I played chess, he beat me in four moves. He was seven years old. At once embarrassed and proud, I told a friend and fellow father. Sounds
WHEN I wrote on April 16 (column ‘Toughest trade talks yet‘) that trade talks with Washington would be the hardest in years, I was not exaggerating. Even the chairman of a major investment bank here was caught off guard when the news broke. Politics used to drag things out –
CALL it pushback. A board-level economist from a local investment bank sent me a 2,300-word rebuttal to my June 30 column, ‘King dollar fends off rivals’, arguing that China’s currency, the renminbi, is undervalued, and that by encouraging it to appreciate, China would help raise its international profile. While many
ECONOMIC forecasting is a highly uncertain activity that aims to identify the future direction of key variables in the economic and financial system to help make decisions on policy setting, investments and business planning. Forecasting is often wrong, there is no doubt about that. So the aim is not to
ON July 9, a reader named Chai emailed me asking, is there any limit on tariffs? Of course, clearly there are limitations to using tariffs. Most economists would agree that for a large economy, imposing tariffs can be welfare-enhancing up to a point. The reduced demand depresses domestic prices of
“No man ever steps in the same river twice, for it’s not the same river and he’s not the same man.“ – Heraclitus, Greek philosopher OUR seventh anniversary is near, so Jillian and I have been reminiscing, not romantically, but in that “can-you-believe-we-survived-this” kind of way. Yes, we survived. More
KUCHING: Sarawak recorded total trade of RM198.7 billion and a trade surplus of RM71.1 billion in 2024, reflecting resilience amid global uncertainties such as market volatility and geopolitical tensions. According to the Sarawak External Trade Statistics 2024, chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the state’s trade performance
“Government … can’t be trusted to control its own bureaucrats or collect taxes equitably or fill a pothole, much less decide which of its citizens to kill.” ~ Helen Prejean, an American advocate for the abolition of the death penalty BEING the unofficial tour guide comes with its rewards especially
IT’S been a tough few months for believers in the currency market version of Pax Americana. Dollar critics confidently proclaim that its reign is over. In Asia, this is a “sell America” moment. Any sane investor is scouring the planet for an alternative — one that offers all the advantages
IT goes without saying that the primary objective of all investors is to make money. Here are the facts. Of the 62 IPOs since the start of 2024, 31 are currently trading above the IPO price, 28 are trading below and three are unchanged from their IPO price. This means
