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June 2020
In March 2020 COVID-19 was officially given pandemic status by the WHO; exactly 3 months after initial reports in China. Consequences of this pandemic will show for years to come, with short and long-term effects, say analysts at PwC. It took almost a decade for the world to recover from the 2007-2008 financial crisis, and...
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In the beginning of 2017, China and Brunei joined forces in a joint petrochemical venture, resulting in the Hengyi Industries Sdn Bhd. The project is located on a small island close to the Bruneian capital of Bandar Seri Begawan, Pulau Muara Besar (PMB). Under China’s Belt and Road Initiative (BRI), the 3.5 billion US dollar...
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