I’ve only been back in the USA for about a week, but I already miss those Portuguese egg tarts. Back here in the USA, ordinary folks are still struggling to pay their re-adjusted adjustable rate mortgages, foreclosures are at an all-time high, and those who haven’t bought a house yet are finding it difficult to [...]
Although USA maintains its lead as the world’s technology innovation hub, American tech startups have had to compete fiercely with Chinese firms for venture capital funding over the past year. The 2008 Global Venture Capital Survey, conducted in March, showed that Asian countries were making their presence felt as innovators in the IT (information technology) [...]
I am one of those people who hum “You are so beautiful to me” every time I lay my eyes on an iPhone! The touch screen is so cool and the phone camera is awesome. And one can listen to songs and podcasts while on the move and browse the Internet too. What else could [...]
I’m back in the US today, after a horrendously long flight out of Bangkok. I am trying desperately to get used to being in Indiana, driving on the right side of the road and not having easy access to street vendors selling spicy somtam and noodles. It’s always a culture shock coming back to the [...]
The Chinese economy has been growing in leaps and bounds for more than 5 years. One of the byproducts of such swift economic growth has commonly been surging pollution levels. And so it has been with the world’s largest developing country. China had already overtaken the US as the world’s largest emitter of carbon way [...]
Between the credit crunch and oil prices, the markets are really getting beat up. From India to Hong Kong to Toledo to Tokyo, the financial markets and auto manufacturers stocks have dropped like a bowling ball through wet paper towels. Oil prices continued their climb to record highs. The impact on drivers and inflation has [...]
There is so much to learn from Macau. Till the turn of the century, Macau was a Portuguese colony. This unassuming special administrative region of China is build mostly on reclaimed land. Despite its humble beginning, Macau has risen, flourished and made a place for itself on the map as the world’s gaming hub. Every [...]
A report from Globalysis Ltd., a casino strategy consultancy, was published this week, making some impressive predictions about the growth of Macau’s gaming industry. In one of my many other lives, I do work for one of these think tanks, so I know that having a bunch of educated men in suits sitting around a [...]
Less than 5 years back, investment funds from the developed nations were apprehensive about going to China, since they had little understanding of the region’s capital market. Now, given China’s fantastic growth and recent development in various industries, venture capital and private equity firms would not dare to ignore this emerging global superpower. Only in [...]
I read an article recently about the effort to keep Shaw Brothers, a Hong Kong concern, in the hands of Hong Kong investors. Foreign private equity companies were also interested in acquiring the media company, along with its affiliate; Television Broadcasts Limited. The Hong Kong based investors want the firm to remain locally owned. This [...]
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