Skip to main content

Donald Trump’s victory in the U.S. will impact Asia massively

5 December 2016
The Business Times – Views from the Top


Donald Trump’s victory in the U.S. will impact Asia massively

As the year 2016 draws to an end, there have been many upsets and surprises. Leon Perera, CEO of Spire Research and Consulting shared his insights in The Business Times – Views from the Top section on 5 December 2016 on the impact which Donald Trump’s victory will have on Asia.

Donald Trump’s victory in the U.S. elections presages a change in direction for US foreign and economic policy but in ways that are not yet completely predictable.

Perera opined that President Trump is expected to curb America’s economic and military engagement with Asia.

However, his commitment to improve expenditure for domestic infrastructure may contribute a growth boost to the US and global economy. His ability to push through his spending plans is plausible as Republicans control both houses of Congress.
Nonetheless, a volatile and cautious outlook is expected for 2017.

Comments

Popular posts from this blog

Nursing homes for the elderly in Korea

As an elderly person, living alone in Korea is difficult. What options do senior citizens have for nursing home facilities? Dr. Justin Lee, Managing Director of Spire Research and Consulting, South Korea shared his thoughts on Korea’s JoongAng Ilbo news portal. Korea now has 3,316 nursing homes and 1,500 specialized elderly hospitals nation-wide. The need for specialised elderly care in Korea is on a gradual rise, as those with health complications cannot live independently. At present, senior citizens with grade ratings of 1 or 2 for long term care under the Long-Term Care Insurance scheme are entitled to use these public nursing home facilities. Dr. Lee opined that paying more does not necessarily mean a better nursing home. Costs in public nursing homes are not consistently higher than those in private ones. Within the public nursing homes, the cost variation is minimal regardless of their management quality as public nursing homes need to abide by set government gui...

Zapping away viruses

A new germ-zapping robot manufactured by Xenex in the U.S. could emerge as a saviour against deadly viruses like Ebola. It uses pulses of high-intensity, high-energy ultra-violet rays to crack bacterial cell walls and kill virus-afflicting pathogens. It has been successfully tested on 22 different microorganisms – destroying viruses similar to Ebola. Standing at 5 feet and bearing the nickname “Saul”, the ultra-violet rays it emits are 25,000 times brighter than fluorescent lights and can kill pathogens that are generally missed by the naked eye. A few surgical teams in the United States have been trained to use this technology on Ebola patients. According to research, hospitals with access to this technology have been able to bring down general infection rates by 60%. It is already being used in 250 hospitals. Can such technology breakthroughs arrest global pandemics in the 21st century? https://www.spireresearch.com/newsroom/spirethoughts/zapping-away-viruses/

Blockchain technology is set to hit retail sector

Blockchain is set to go beyond financial services and affect all sectors, especially retail. Blockchain enables a decentralized digital ledger to record information and transactions on a shared online network. In Australia, this technology will soon enable consumers to scan a product and check the actual journey from farm to store shelf, alongside product quality. Can the internet of things plus Blockchain revolutionize retail supply chains? https://www.spireresearch.com/newsroom/spirethoughts/blockchain-technology-is-set-to-hit-retail-sector/

Japan’s appetite for mergers and acquisitions abroad

The overall Mergers & Acquisitions (M&A) activity of Japanese firms continues to grow and overseas M&A deals are in the spotlight. In 2016, Japan’s outbound M&A activity exceeded USD100 billion, the second highest historic level and a 15% increase over 2015. Will Japan continue to tap into international markets in search of growth and sustainability? Growing M&A activity A low economic growth rate and a shrinking population shocked Japan’s business leaders into changing their outlook, prioritizing growth through overseas market development. And M&A was seen as the fastest way to achieve that. Significant cross-border M&A activity is a relatively recent phenomenon in Japan. Japanese M&A volume was robust in 2016, amounting to USD198 billion in total transaction value. Cross-border M&A did well, accounting for 57 per cent of total M&A deals in 2016, up from 45 per cent in 2011. Beginning in 2006, Japan’s cross-border M&A vo...

Spire Client Entertainment Night December 2019

Spire Singapore hosted its third client entertainment event of the year. Business associates, partners and clients joined the Spire team for the dinner reception followed by the movie screening of “Star Wars: The Rise of Skywalker (Episode IX)”- the much awaited last movie in the Star Wars saga. The final installment in the Star Wars saga revolved around the epic battle between Jedi and Sith. The movie featured most of the key characters from the earlier Episodes 4 to 6. The highly awaited Star Wars final chapter, delectable food and even better company made for a great evening. Read more:  https://www.spireresearch.com/newsroom/events/spire-client-entertainment-night-december-2019/