The Happiest Office

Whenever a Gong is sounded, the entire building cheered and clapped. Employees walk around wearing lanyards pinned with colourful and smiley badges. A recruitment interview room designed to be like a Talent Show setting with a 3-judge table and bright bulbs that light up showing “WE WANT YOU!!” if the interviewee passes. Walk into this […]

Growth at All Costs? (Part 2)

Continued from Growth at ALL Costs (Part 1)… Increasing Interest Rates Meanwhile, in separate reports by western media, strong U.S. data, rising commodity prices, increasing wage pressures and aggressive monetary-tightening policies combined to push treasury yields to cycle-highs, and global bonds are sold down significantly. A chief economist puts it neatly: “Interest-rate risk hits all […]

Growth at All Costs? (Part 1)

On the last day of China’s Golden Week, a 7-day national holiday, the People’s Bank of China (PBOC) announced a knee-jerk 1% cut to the capital reserves banks are required to withhold from the current 15.5% for large institutions and 13.5% for smaller banks. Critically, this signals the PBOC’s intention to “boost confidence” and “increase […]

Special People Special Company

Long-Term Winner Award Because of their relatively smallness in country and economy sizes, New Zealand as a country learnt early on to export most of its goods overseas to engage a global market. Today Aotearoa (New Zealand’s Maori name) is perhaps most well-known for the global export of Manuka honey, the Kiwifruit, Sauvignon Blanc and […]