Archives for Global Economics
Gibraltar: Amongst the first countries to work towards introduction of cryptocurrency regulations
While traditional financial hubs such as the UK are moving away of cryptocurrency businesses, other destinations begin to emerge on the virtual currency map. The Gibraltar Financial Services Commission, which is the leading financial regulator in the aspiring British Overseas Territory, recently announced that it explores introduction of a...
An Introduction to Bitcoin!
Bitcoin has become a frequently discussed topic amongst investors, entrepreneurs and traders. For a simplified explanation: Bitcoin is a digital currency not controlled by a central authority like a central bank or government. It’s created by “miners” using computers to process transactions and collect bitcoin in exchange. Amongst supporters...
Singapore economic outlook 2017
Growth prospects According to the central bank’s half-year macroeconomics review, Singapore’s GDP is expected to expand by 1% to 3% in 2017, and the figure will likely exceed 2%. In Q1 2017, the economy grew by 2.5% on a year-on-year basis, which is higher than the 2.4% forecasted by...
The Great Ball of China- Chinese Investment in Football
President Xi Jinping in 2015 has set out a 10 year plan, running from 2015-2025, to double the size of the Chinese sports economy to more than £600 billion, based on state and private investment in football. President Xi and avid football fan has a plan to turn China...
Singapore budget 2017: Long term plans for Singapore businesses
On Monday, 20th February 24, 2017, the Singapore Government delivered the budget for the financial year of 2017. The focus of the new budget is to deliver policies that will prepare Singapore’s workforce and business environment to face future challenges. According to the Finance Minister, Mr. Heng Swee Keat,...
Challenges of doing business in the USA under Trump
Donald Trump has been the 45th American President for less than a month and it is already clear that it will be a very unconventional mandate. He is unpredictable and outspoken and his administration still lacks a detailed policy plan. To make matters worse, the American society is currently...
What are the challenges associated with Bitcoin and the future of this cryptocurrency?
The future of bitcoin is vague Bitcoin technology’s future is very unclear. Many have predicted that it is the next big global digital currency, and that it will be able to transform the financial system, due to its technology – Blockchains. However, Bitcoins face several restrictions that could eventually...
What Donald Trump means for the future of New Zealand?
2016 witnessed one of the most unexpected elections in the United States history. Donald Trump, former television star and real estate businessman, was elected as President despite his lack of political involvement, questionable behaviors and controversial political stances. The result of the election in early November 2016 immediately caused...
Vietnam backs down over the nuclear energy project signed with Japan & Russia
Vietnam is looking for cheaper alternatives for its energy demand The government of Vietnam has finally decided to abandon the nuclear project signed with Japanese and Russian companies due to high costs, risks for the environment and lower energy consumption. In November 2016, Vietnam’s National Assembly finally decided to...
Can Luxembourg ‘make it happen’?
Train to Luxembourg This month Luxembourg launched a new slogan and website promoting its core values and positioning the country as open, dynamic and reliable. However, will this € 970,000 rebranding campaign be enough to leave its dark past behind and help the small European country “make it happen”?...