By KINIBIZ
Issue 019 of KINIBIZ Magazine hits the stands today with it’s cover story focusing on the the State of the World.
We begin 2016 by looking at the state of the world. The world is indeed becoming smaller and smaller. No nation stands alone, unaffected by what goes on in others.
For our cover story, we have gathered the thought of six global experts on a wide range of issues that will concern the world at large in 2016.
The IMF’s Christine Lagarde considers the transitions of 2016 given the Fed rate hike in December and Opec raising its output ceiling. The Reserve Bank of India’s governor Raghuram Rajan considers whether policies such as quantitative easing, low interest rates and competitive devaluation point towards achieving sustainable growth.
Joseph E. Stiglitz is firm in his opinion that with countries cutting back on government spending in the age of austerity we risk underinvestment in infrastructure and rising unemployment. The chief economist of the Asian Development Bank Shang Jin Wei is very concerned about China’s slowdown and Asia’s economy.
The chief economist of the World Bank next. Kaushik Basu tells us all about the world economy’s labour pains. Finally Harvard University’s Gita Gopinath who sets her sights on India’s investment anemia.
We hope that these articles will give you a clearer picture of the world surrounding Malaysia and an understanding of some of the issues we too will face in the months to come.
1MDB formed a big part of the news in 2015 and it looks as if 2016 is not going to be any different. The state-owned company rushed one last deal through as the gates closed on 2015 and its debt rationalisation plan seemed close to completion. However, a great deal of confusion has emerged over the divestment of its 60% stake in Bandar Malaysia with regards to the exact price tag.
April 2016 will see Bank Negara governor Zeti Akhtar Aziz stepping down as her term ends. Zeti has been governor since May 2000 and has gained an international reputation for her expertise and ethics. Her shoes will not be easy to fill. In this article, we discuss the criteria any candidate for this crucial position must have.
In the Enterprise section we talk to two sisters who have taken their special recipe for the humble popiah from the pasar malam to malls across nation. Sisters Crispy Popiah is now looking to send these crunchy delights abroad.
Aside from these we also have our usual investment, corporate, economy, property and world sections not to mention the light-hearted and often tongue-in-cheek Take 5.
One interesting development is that KINIBIZ is turning to equity crowdfunding to raise funds for future expansion.
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