rightcoastconservative

Brought to you by "Ernst & Young", the Globalization Index was created to measure the extent to which the 60 largest economies (by GDP) are connecting to the rest of the world. The indicators fall into 5 broad categories: Openness to trade Capital movements Exchange of technology and ideas Labor movements Cultural integration   How did Malaysia fared in 2010? Yes... Malaysia perform better by sitting on the 27th place, one spot ahead of US!!! On top of that, we're globalizing better than BRIC (Brazil, Russia, India, China) countries. Of course, the Index has its method of measurements. Top 10 ranking How did the Index measures? The Index measures " relative " rather than "absolute" globalization. This means that an economy's trade, investment, technology, labor and cultural integration with other economies is measured relative to its GDP rather than by the absolute value of these elements being exchanged. As a result, smaller economies (like...

Recently, a mid-size brokerage firm in London states the possible corporate tussle in UK gaming company - Rank . What's interesting in UK in fact is the two Malaysian tycoons, Tan Sri Quek Leng Chan and Tan Sri Lim Kok Thay . Rumour is brewing on the possible corporate tussle between the two to gain bigger control of the company. As at June 30, 2010, Quek's Guoco Group Ltd and Lim's Genting Bhd owned 29.95% and 11.59% respectively. Speculation that Guoco may raise its stake in Rank to a more significant level has been around for some time. This seems more likely now because Rank has improved its operating performance, and it fits into Quek's style of owning at least a 60% stake in each of his core listed companies. Genting is said to be monitoring the situation very closely, as Genting has just perform its multi-billion related party transaction (Genting Singapore sold its UK gaming operations to Genting Malaysia). In my view, any actions taken would be coming from ...