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Business travel scheme suspension in S pore stretches on
IN his seminal work, How Asia Works? Success And Failures In The World’s Most Dynamic Region, Joe Studwell writes that in the early 1950s China was not only agriculturally inefficient, but also internationally alienated in terms of trade.
The Chinese policy of “collectivisation of farming” was all that the Chinese knew in the communist state. The rise in unemployment and poverty along with a surge in population was unstoppable and seemed to be almost impossible to handle.
It was then that the visionary Deng Xioaping (1978-89) appeared on the political horizon of the country. He observed the state of the affairs through both the real and ideal prisms. He wanted change. To that end, Deng Xiaoping introduced land reforms and opened trade with foreign states.
How Asia changed the global LNG market in the space of a year
The past year has undoubtedly been the most dramatic in the history of the global LNG industry. Demand buffeted by lockdowns and recession, liquefaction shut-in, pre-FID supply projects delayed and spot LNG prices crashing to all-time lows before going into orbit.
Yet as the world experienced its worst economic crisis since the great depression, with commodity demand tumbling across numerous sectors and oil prices briefly turning negative, Asian LNG markets proved remarkably resilient. Led by China, but with others including India playing their part, Asian LNG demand increased by around 6 Mt in 2020, higher than demand growth in pre-pandemic 2019. Economic resilience and pro-gas policies across much of Asia supported a broader recovery in LNG demand and the return to stability in spot prices. Meanwhile, Asian buyers’ appetite for ‘green’ LNG has accelerated over the past year, redefining how cargoes will be sold in
Gavin Thompson, WoodMac Asia Pacific vice-chair April 21, 2021 Credit: alexyz3d/AdobeStock
The past year has undoubtedly been the most dramatic in the history of the global LNG industry. Demand buffeted by lockdowns and recession, liquefaction shut-in, pre-FID supply projects delayed and spot LNG prices crashing to all-time lows before going into orbit.
Yet as the world experienced its worst economic crisis since the great depression, with commodity demand tumbling across numerous sectors and oil prices briefly turning negative, Asian LNG markets proved remarkably resilient.
Led by China, but with others including India playing their part, Asian LNG demand increased by around 6 Mt in 2020, higher than demand growth in pre-pandemic 2019. Economic resilience and pro-gas policies across much of Asia supported a broader recovery in LNG demand and the return to stability in spot prices. Meanwhile, Asian buyers’ appetite fo
Tech for everyone
published : 15 Feb 2021 at 12:30
46
For many people, seeing a lot of old people in a hospital is something expected, even mundane. But for Dr Kanapon Phumratprapin, it was a challenge that he wanted to help solve.
The result of his effort was Health at Home, a Thai startup that integrates geriatric medical practice and digital technology to find caregivers for elderly patients.
While working in a Bangkok hospital many years ago, he noticed that most elderly patients who had been admitted wanted to go home. But they couldn t, even when their medical condition was not serious enough to warrant a hospital stay. It was not easy to find good, qualified caregivers to look after them at home.