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South Korea bans travel to notorious scam complex zones in Cambodia
South Korea has banned travel to certain parts of Cambodia after the death of a college student, reportedly kidnapped and tortured by a crime ring, shocked the nation and led to calls for stronger government intervention. On Wednesday, Seoul designated the Bokor Mountain area, Poipet and Bavet as travel ban zones. “South Korean nationals visiting…
The self-defeating tariffs killing Trump’s presidency
Americans are not very happy with Donald Trump’s second term in office. Trump’s approval has trended downward since he returned to power and has recently fallen again. Here aresome numbers from Nate Silver: Source:Nate Silver Even Fox Newsadmits how bad it’s getting: Unhappy with theeconomy. Pain with prices. Unsure about Trump administration policies. It adds…
US plan taking shape to shrink Chinas shipbuilding lead
The United States’ ability to build vital maritime ships and submarines was pivotal to its rise as a global superpower. However, longstanding complacency has caused the US shipbuilding industry to stagnate, undermining its readiness for today’s pressing security challenges. The US government is now brainstorming methods to revitalize shipbuilding and is engaging in various diplomatic…
The world is heading toward a digital tech crisis
People’s lives are more enmeshed with digital systems than ever before, increasing users’ vulnerability and insecurity. From data leaks like the 2017 Equifax data breach to the more recent cyberattack on British retailer Marks & Spencer, business operations and data on the internet continue to be vulnerable. There are good reasons to believe that little…
Adrian Cheng focuses on ‘transformative industries’ under new firm ALMAD Group
Adrian Cheng Chi-kong has launched a new business focused on “transformative industries”, including culture and healthcare, nearly three months after the third-generation scion of New World Development (NWD) left the company. His new enterprise, ALMAD Group, will target markets in Southeast Asia and the Middle East, as well as mainland China, with a mission to…
The rise and fall of globalization: the battle to be top dog
This is the first in a two-part series. For nearly four centuries, the world economy was on a path of ever-greater integration that even two world wars could not totally derail. This long march of globalization was powered by rapidly increasing levels of international trade and investment, coupled with vast movements of people across national…
