Thursday, July 5, 2018

Singapore and China 'natural partners' for Belt and Road: DPM Teo

By Olivia Siong @OliviaSiongCNA
05 Jul 2018 10:46AM (Updated: 05 Jul 2018 02:38PM)

With mostly negative news coming out from Trump led US trade tariff impose on many trading Countries worldwide --- this Singapore-China trading and business cooperation --- is a big welcome news.

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Ricky Lim

Hopefully the mammoth RCEP multi-lateral trade deals for the entire Asia Pacific region can be ratified soon - as this will help to spur tremendous amount of trade.

This will mitigate the impact of Trump led trade war.

Trade can be diverted into the fast growing Asia Pacific region - and cushion against the lost trade with Trump-led US.

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Ricky Lim

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Ricky Lim

Trump is a trade spoiler.

The rest of the World must find new trade platform - to mitigate Trump trade spoiler action - and let Trump suffer from his self-inflicted actions - while the rest of the World can find alternative trading platform and not let Trump held the World hostage in trade.

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Wednesday, July 4, 2018

Iran's Revolutionary Guards praises Rouhani's threat to disrupt regional oil exports - IRNA

A senior Iranian Revolutionary Guards commander said on Wednesday that the Guards were ready to implement a policy preventing regional oil exports if Iranian oil sales were banned by the United States.

04 Jul 2018 07:30PM

Ricky Lim

Trump miscue policies keep causing havoc to the Globe trading, investment and business.

1. By launching trade war
2. Canceling the Iran nuclear deal
3. Pulling out of UN bodies
4. Rescinding Paris Climate deal
5. Pulling out of multi-lateral trade deals

--etc etc.

Trump is displaying himself as a trouble maker to the World.

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China court 'bans sales' of chips from US firm Micron
Read more at https://www.channelnewsasia.com/news/world/china-court--bans-sales--of-chips-from-us-firm-micron-10498462
04 Jul 2018 04:23PM

Ricky Lim

Trump trade war is causing collateral damages to both China and US businesses.

It is plain madness and stupidity of Trump and his trade team.
Harm self and harm others.

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Ricky Lim

Look like the only way to stop Trump trade war and stop business loss and job loss - is for US voters to vote Trump out as President.
Trump is causing a big havoc to the whole Global trade, investment and business.

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Monday, July 2, 2018

Thai boys, coach to get 4 months' supply of food as complex rescue operation awaits
Read more at https://www.channelnewsasia.com/news/asia/complex-rescue-operation-thai-boys-coach-trapped-cave-10493936
03 Jul 2018 10:11AM (Updated: 03 Jul 2018 12:10PM)

Ricky Lim

Thanks goodness they are found safe.
Now the ardous task of bringing the boys and the coach out.

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Ricky Lim

Wonder is it feasible to block water from entering the entrance of the cave - eg. using sands or sandbags?

And then using water pumps to continously pump the water out of the cave -- assuming it takes days or weeks to do so?

Only when the water reach a water level of say less than 0.5 metres - guide the boys and the coach out by wading through the shallow water?

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Tan Koo Koo

Ricky Lim Not likely. As read, the cave are made of lime stones, which is porrous and water comes in from all angles.

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Ricky Lim

If this is the case, a more elaborate operation maybe required - like using large underground drill to drill a large pathway into the cave - and use raft to sail through it to pick up the boys.

Safety vests will be required to issue to the boys and the coach when they sit on the raft to sail back by oars.
Training the boys to dive may carry some risks.

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The Big Read: US-China trade war not hurting Singapore much yet, but beware the long sting in the tail

Until cooler heads prevail, trade-dependent nations like Singapore are in for a bumpy ride amid waves of uncertainty.

By Kelly Ng

03 Jul 2018 06:35AM (Updated: 03 Jul 2018 06:40AM)

Ricky Lim

Top US business group assails Trump's handling of trade dispute
The U.S. Chamber of Commerce, the nation's largest business group and customarily a close ally of President Donald Trump's Republican Party, is launching a campaign on Monday to oppose Trump's trade tariff policies.
--
Even the US business groups are slamming Trump trade war - that not only harm Global trade - but also hurting US businessess and consumers.

Trump and his trade aides are insane - engaging in MAD (Mutual Assured Destruction) acts.

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Exclusive: Largest US business group attacks Trump on tariffs
The U.S. Chamber of Commerce, the nation's largest business group and customarily a close ally of President Donald Trump's Republican Party, is launching a campaign on Monday to oppose Trump's trade tariff policies.
02 Jul 2018 05:11PM (Updated: 02 Jul 2018 05:15PM)

Ricky Lim

With some of America's tightest trading partners imposing retaliatory measures, Trump's approach to tariffs has unsettled financial markets and strained relations between the White House and the Chamber.

The new campaign, detailed first to Reuters, is an aggressive effort by the business lobbying giant. Using a state-by-state analysis, it argues that Trump is risking a global trade war that will hit the wallets of U.S. consumers.

“The administration is threatening to undermine the economic progress it worked so hard to achieve,” said Chamber President Tom Donohue in a statement to Reuters. “We should seek free and fair trade, but this is just not the way to do it."

The Chamber, which has 3 million members, historically has worked closely with Republican presidents and praised Trump for signing business tax cuts in December. But mounting trade tensions have opened a rift with the president.
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This is the inevitable outcome of Trump trade war.
It will backfire and hurt US own businesses and consumers.

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South Korea's Moon Jae-in to speak in Singapore on vision for peace on Korean Peninsula

02 Jul 2018 01:45PM (Updated: 02 Jul 2018 01:50PM)

Abedina Austin

Why must he do it in Singapore? Felt left out? Or Singapore Government is too generous?

Taxpayers' money "easy come easy go"?

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Wood Peter

"The greatest honor history can bestow is that of peacemaker." - Richard M. Nixon
President Moon Jae-in I salute you for choosing the path of peace.

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Ricky Lim

You are right.
救人一命，胜造七级浮屠。
何况是救全世界人的命。

The good karma will be immense.

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