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macroeconomics
Tong's Portfolio
Contrary to theory, capital, ironically, flows to developed economies from emerging countries
Foreign fund flows into the equity market have been proven to have outsized impact on stock prices.
October 16, 2024
Tong's Portfolio
A stronger currency should come from gains in relative competitiveness, not higher interest rate differentials
Don’t get us wrong. A stronger ringgit is good, as it means greater purchasing power for the people.
August 22, 2024
Tong's Portfolio
Secular decline in ringgit’s value due mainly to falling relative competitiveness
Malaysians, by and large, do not want confrontation.
March 02, 2024
Tong's Portfolio
There’s no free lunch in economics — it’s who receives and who pays
The fact is Malaysia is falling behind in terms of attracting foreign direct investments (FDI) in the region.
September 08, 2022
Tong's Portfolio
What determines the economic well-being of a populace?
In the real world, there is a whole range of interpretations and degrees of democracy in practice.
August 25, 2022
Economic outlook 2021
Trickle-down economics does not work, say economists
LSE economist says that policymakers should not fear that taxes on the rich to fund Covid-19 recovery will hurt their economies.
December 17, 2020
Global Economy
What economists still need to learn
SINGAPORE (Sept 16): Macroeconomics was one of the casualties of the 2008 global financial crisis. Conventional macroeconomic models failed to predict the calamity or to provide a coherent explanation for it, and thus were unable to offer guidance on how
September 13, 2019
M&A
Singapore M&A continues growth despite dwindling 1Q regional activity: Mergermarket
SINGAPORE (April 3): Merger and acquisition (M&A) activity in Asia-Pacific excluding Japan nosedived over 1Q19 with just 666 deals amounting to US$119.9 billion ($162.3 billion), amid economic headwinds and a still-unresolved trade war between the US and
April 03, 2019
US-China trade war
US-China trade truce to conclude with short-term resolutions at best: AmCham China
SINGAPORE (Feb 1): American Chamber of Commerce in China (AmCham China) says the best-case scenario emerging from the 90-day truce between US and China, which ends on March 1, would be a mutual agreement to short-term measures.
February 01, 2019
Global Economy
Bright spots to be found in bleak 2019 global growth outlook: Fitch
SINGAPORE (Jan 18): Fitch Ratings says decent US domestic demand and real GDP growth of over 6% for China are still two achievable scenarios in 2019, in spite of market concerns of a sharp downturn in growth this year.
January 18, 2019