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So far Sherman Chien has created 155 blog entries.
Since 2012, the CABC has been working to grow commercial opportunities and facilitate the creation of a sustainable and prosperous Canada-ASEAN economic relationship. Despite the current global trading environment of growing protectionism, Canada and ASEAN are well-positioned to stand together as champions of open trade. Allow me to share some of our observations over [...]
Natural Gas Prices (CAD/MMBTU – June 2018) It is difficult to compete on a global scale when Canadian natural gas producers receive 9-12x less than Asia and 2-4x less than their neighbor to the south. As a result, the return from Canadian producers has underperformed relative to the rest of the industry. Canada Natural [...]
Toronto has never seen momentum like it’s experiencing right now. In September alone, the city drew over $1.4 billion in investment from U.S. and Canadian companies, ranging from global tech giants to local startups. Discussion surrounding Toronto’s position as one of the world’s major tech hubs is nothing new, especially with Sidewalk Labs moving in and Amazon announcing [...]
Hanoi's ratification would be fourth of six needed for trade deal to take effect Vietnam will likely ratify the 11-member Trans-Pacific Partnership trade agreement in a parliamentary session ending in November, Prime Minister Nguyen Xuan Phuc told Nikkei and other outlets Saturday, in what would be a major step toward bringing the deal into [...]
Vancouver’s Seaspan Corp. is set to add another major shipping industry asset to its fleet. On October 3, the world’s largest independent containership owner announced that it plans to invest up to US$200 million in the restructured Swiber Holdings Ltd. Investment in the Singapore-based offshore oil and gas field engineering and construction business follows Seaspan’s [...]
According to the ASEAN SME Transformation Survey conducted by the United Overseas Bank (UOB), EY and Dun & Bradstreet, small- and medium-sized enterprises (SMEs) in Vietnam have made technology their top investment priority to ensure growth. The study found that close to three in five Vietnamese SMEs favour investments in technology over traditional areas such as [...]
Asia represents one of the strongest growing automotive markets in the world, and Magna has further strengthened its presence in the region through a cooperation agreement to provide complete vehicle engineering and development services for VinFast Manufacturing and Trading Company Limited of Vietnam. Magna's complete vehicle team has responsibility for the full vehicle development of two [...]
A $40-billion energy megaproject on the West Coast has been approved in a decision expected to revitalize the economy of northern British Columbia. LNG Canada says it will create thousands of temporary jobs and hundreds of permanent ones in a region that has been an economic laggard as the Royal Dutch Shell PLC-led liquefied [...]
The Energy Landscape in Canada & ASEAN Let’s start with Canada, where there is an abundance of space and natural resources. Here, it is not uncommon for the word ‘energy’ to be synonymous with ‘oil & gas’, the two commodities which supply the nation with over 65% of its primary energy supply. This number [...]