Recent Posts

Guyana’s big oil find could lead to riches or ruin

Wedged between Brazil and Venezuela, Guyana could easily go unnoticed. It has fewer than 750,000 people and a per capita income of $4,300, half the regional average, qualifying it as the hemisphere’s third-poorest nation. At the moment, Guyana also might be its luckiest. Having struck big oil offshore starting in 2015, industry experts reckon total reserves at around 2 billion ...

Read More »

Singapore can thank the bond market for avoiding a tax hike

Singaporeans have dodged the bullet of higher consumption taxes, at least for the next three years. They should thank their new BFF — the bond market. Finance Minister Heng Swee Keat left the goods and services tax, last raised to 7 percent in 2007, unchanged on Monday. Most commentators, including yours truly, had expected an increase after Prime Minister Lee ...

Read More »

Lloyds tiff with Standard Life may all be a lover’s ploy

Lloyds Banking Group Plc and Standard Life Aberdeen Plc have fallen out after talks to merge their insurance businesses fell apart. But the two have left the door open to overcoming their differences and getting the deal back on track. News of the failed talks fills in some of the background to Lloyds’s announcement last week that it plans to ...

Read More »
Send this to a friend