Facilitated by under-the-radar low-tech boats, collusion with local corrupt officials, and integration with legal trade and activities, piracy in Southeast Asia remains a challenging problem. Multinational agencies are cooperating to counteract.
The Chief Minister of West Bengal Mamata Banerjee has been pro-active in her outreach to both domestic and foreign investors. She has led delegations to a number of countries including the UK and Singapore.
Given that speculative bubbles have long affected markets around the world, bitcoin is hardly the first object to have this gulf between its intrinsic value and market value. Indeed, the world of art is ripe with objects presenting this same phenomenon.
China’s activities in Southeast Asia indicate that the region remains an important one. The leadership of some countries in Southeast Asia are aligned with the Belt and Road Initiative’s vision of infrastructural connectivity.
Japanese Prime Minister Shinzo Abe needs the cooperation of Keidanren for persuading Japan’s large MNCs to raise their wages to stimulate consumer spending. These are all necessary ingredients for Abenomics to work and run its full course.
Canada’s economic exchange with China started in the 1960s with wheat exports to China. Today, 50 percent of Canadian exports to China are based on natural resources and the Canadian government believes that they have more resources to offer.
Observers had expected a major breakthrough on the front of trade during Canadian Prime Minister Justin Trudeau’s trip to China in December 2017. Both countries however simply agreed to continue their “exploratory discussions toward a comprehensive trade agreement.”
According to the Thai mass media, the first phase of the Sino-Thai railway connecting Bangkok with Nakhon Ratchasima would begin construction in late 2017. This is Thailand’s first high speed railway line.
US President Donald Trump said that the US trade deficit with China had caused the ruination of US companies, had cost American workers their jobs, and in general was very hurtful to the United States.
Singapore’s SkillsFuture program is a major state-level initiative unveiled in 2015. The Singapore government would be investing SGD 1 billion per year until 2020 to “foster and continually renew deep skills that are critical for the next stage of Singapore’s economy.”