Posts Tagged ‘recession’

Bad times – BBC interview with PM Lee

March 19, 2009

Watch PM Lee Hsien Loong’s interview within a 3-minute BBC segment on the global economic slump through the eyes of Singaporeans.

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VarietyAsia shutters its doors

February 2, 2009

Received an email from the staff of VarietyAsia this morning announcing the indefinite suspension of their magazine.  They’re one of the more credible sources of media news updates in Asia, and closing the entire operation as part of cost-cutting measures seems to be really short-sighted.  JFK’s quote from his speech at the University of New Hampshire in 1960 is quite apt to describe the current situation:

In the Chinese language, the word “crisis” is composed of two characters – one representing danger, and one representing opportunity. The danger now is clear. But this crisis also presents an opportunity – not only for India but for all the West. But if these opportunities are lost now, they may never come again.