Hong Kong has become a society of affluence over the decades. With rising disposable household incomes, private cars have also been a big ticket item among the people of Hong Kong – an encouraging sign of a vibrant economy. There is one problem: road traffic congestion has gotten so bad that the traveling speed of […]Read more "APR 2016 EDITORIAL: Electronic Road Pricing Embarks a Journey of “Smart City” Development"
The Federal Open Market Committee (FOMC) raised the target range for the federal funds rate by a quarter percentage point in December, marking the end of a seven-year period during which the federal funds rate was held near zero in a sustained effort to support recovery of the US economy from the worst financial crisis […]Read more "Apr 2016 COVER STORY – Normalization of US Fed Policy: Liftoff of Interest Rates via Unconventional Means"
The Hang Seng Index experienced a 25 percent fall in a year of minimal economic growth, high inflation and a stubbornly sluggish stock market following a crash of Chinese stocks on the Mainland in the second quarter of 2015. But it was also a year of extraordinary trading activities of historic volumes, with a daily […]Read more "FINANCE & ECONOMICS – The Hong Kong Stock Market: A Year in Review"
Despite recent downgrades of Hong Kong’s outlook from “stable” to “negative,” Hong Kong’s institutions will continue to support the status of a leading international financial center and will play a critical role as a strategic partner in opening up China’s economy to the global market – as sectors engaged in finance, trade and investment are […]Read more "ADVOCACY – An Engine of Trade beyond Asia"
With the victory of Tsai Ing-wen and her Democratic Progressive Party in the latest elections, what will it mean for cross-border investment and international commerce in the region as well as the Trans-Pacific Partnership? Rupert Hammond-Chambers, an expert on Taiwanese political and economic issues who serves as BowerGroupAsia’s managing director for Taiwan and as President […]Read more "TRADE & INVESTMENT – The Economic Impact of Taiwan’s New Leadership"
While the economies of China, Japan and other ASEAN countries have slowed down considerably, Vietnam has stood out as one of the countries in Southeast Asia with a growing economy above expectation. Over the past several years, it has emerged as an attractive destination for foreign businesses, especially in the sectors of manufacturing and capital […]Read more "TRADE & INVESTMENT – Open for Business"
Things are looking bright in Burma as political and economic reforms have led to sweeping changes in what was previously a military-ruled country. As the country also known as Myanmar continues to become a part of the international community with abundant investment opportunities, US Ambassador to the Republic of the Union of Burma Derek Mitchell […]Read more "TRADE & INVESTMENT – History in the Making"