It’s hard to imagine a city running out of water in modern times, but it could happen. Chennai, India is the latest city to have almost run out of water as the main reserve is drying up. Not long ago, Cape Town, South Africa also nearly became the first city to run out of water in early 2018.
After the last trade talks fell apart in May 2019, US President Donald Trump and China’s President Xi Jinping finally agreed to revive talks after speaking to each other at the G20 summit in Japan. Trump agreed to hold off from imposing the additional 25 percent tariff on $300 billion worth of Chinese goods and ease certain restrictions on tech company Huawei. As a gesture of goodwill, China agreed to make unspecified new purchases of US agricultural products.
Singaporeans must be familiar with “Ah Boys to Men” that first made its debut in 2012. The series of army-related movies is a local box-office hit that was the highest-grossing film that raked in four times its $3 million production budget. The film was co-produced by mm2 Asia (mm2) and renowned local film director Jack Neo.
Water is indispensable to all living things. It is one of the few major building blocks for life to exist. While water cover more than 70 percent of Earth’s surface, the oceans make up approximately 97 percent with large glaciers consisting of another two percent, leaving a meagre one percent of freshwater for all sustenance.
Trade tensions further intensified between China and the US after US President Donald Trump placed Huawei on an export blacklist, a move that restricts the Chinese telecoms giant from buying parts and components supplied by American firms without the US government approval.
The medical glove plays a key role in an expanding global healthcare sector. Underpinned by the increase in global population, rising standards of living and greater awareness of the importance of hygienic practices, the rubber glove industry has been growing at an average of eight percent to 10 percent for the past 25 years and it is expected to continue growing in FY19, according to the Malaysian Rubber Glove Manufacturers Association.
In 2013 when US ride-hailing giant Uber and once-was-a-tiny-start-up Grab were launched in Singapore, the long-standing taxi industry in the country has been severely disrupted and continues to shrink.
Just when global investors thought that a deal would be sealed, US President Donald Trump claimed China “broke the deal” from commitments made during earlier negotiations. Fuelled by frustration over the pace of talks, Trump threatened to escalate tariffs on US$200 billion of Chinese imports from 10 percent to 25 percent effective 10 May 2019 and would “soon” target the remaining Chinese imports with fresh tariffs.
Since US President Donald Trump initiated the trade war with China in March 2018, Singapore stocks, especially those in the technology and manufacturing sector, have taken a significant hit. The mainboard-listed technology solutions provider Frencken Group (Frencken) was no exception.
Since its listing on 28 October 2011 at $0.40 a piece, the first Catalist-listed gold producer in Singapore, CNMC Goldmine Holdings’ (CNMC) share price is down by 45 percent at $0.22 as at the time of writing.