Phenny Lynn Palec

Phenny Lynn Palec
Writer
Phenny Lynn Palec finished her Bachelors degree in Journalism in 2007. She has worked for online news publication for years. Phenny now is an economy news writer for Business Times.

The Latest

  • China Joins Malaysia, Thailand in Military Exercise
    Chinese Navy
    As part of the nine-day Peace and Friendship drill, China’s defense ministry confirmed that the country will join the scheduled training exercise alongside Thailand and Malaysia. Many analysts believe that the decision to join the said exercise is part of China’s strategy to boost military cooperation with its neighbors in the Southeast Asian region.
  • China, India Launch First of Its Kind Exercise in Afghanistan
    Prime Minister Narendra Modi meeting with President Xi Jinping
    Two of Asia’s most powerful countries, China and India, have recently announced that they are putting together a joint training exercise which will take place in Afghanistan. The training exercise is reported to be aimed towards Afghan diplomats. A Chinese ambassador later confirmed that this is just a first of many exercises that the country, along with India, will launch in the Afghanistan in order to help uplift the war-torn country.
  • China International Import Expo Lures Foreign Businesses
    China Stock Market
    China is slated to host a huge trade fair in the coming months. Many market observers believe that China will use the said trade fair as a stage to show off the country’s newest trade policy. In recent months, following the start of the bitter trade war against the United States, China has renewed its tough stance against foreign investments and has slowly opened up its market to international concerns.
  • Innovent Biologics Targets $422 Million in HK Public Offering
    Biotech
    Innovent Biologics, a Chinese biotech firm, plans to increase up to $422 million in Hong Kong Initial Public Offering (IPO). According to reports, it could be the biggest biotech IPO in the financial hub in 2018.
  • Paul Allen: Microsoft co-founder, Blazer, Seahawks Owner Dies at 65
    Paul Allen
    Paul Allen, co-founder of Microsoft died at 65 from complications brought by non-Hodgkin’s lymphoma. Allen also owns the NFL’s Seattle Seahawks and the NBA’s Portland Trail Blazers.
  • China Respects Malaysia's Decision to Halt East Coast Rail Link Project
    Construction
    In July of this year, the Malaysian government decided to put a hold on all construction projects on the East Coast Rail Link project citing several bureaucratic hurdles. A couple of months following this decision, Chinese Vice-Minister for Finance Zou Jiayi reportedly said that the Chinese government fully respects the decision of the Malaysian government regarding the project which was supposed to be a part of China’s Belt and Road Initiative.
  • Dubai's Business Map Digital Platform Attracts Global Investors
     Dubai's cityscape
    Dubai, one the leading cities of the United Arab Emirates (UAE), has once again set a historic feat with the launch of a new system that will allow international investors to start their businesses in the city without the need of being physically located there. The new system was created through a partnership agreement between the Dubai Investment Development Agency and the Alliance Business Centers Network.
  • Global Finance Experts: Trade Tensions Between China - United States Should Deescalate
    IMF Managing Director Christine Lagarde
    The trade talks in Bali which aim to curb the effects of the trade war between China and the United States have recently closed. Many global financial experts used the closing sessions of the summit to get their message through. Based on their sentiments, the message is very clear: trade tensions between two of the world’s largest economies have affected global growth and that measures should be imposed in order to resolve the growing trade tensions.
  • Tangshan Parking Equipment Company Opens First Robotic Parking Lot in Israel
    Parking lot of Wuyishan North Railway Station
    The Israeli branch of the Chinese tech firm Tangshan Parking Equipment Company recently announced that it is opening its first ever robotic parking lot in the country. It is the first of its kind to be built in Israel and was inaugurated on Sunday. The robotic parking lot was built in cooperation with the Kfar Saba municipality in Israel, wherein the robotic parking lot is also located.
  • Israel's Micromedia Wins Distribution Deal in China
    Chinese Hospital
    Micromedic, a cancer diagnostic company based in Tel Aviv, recently confirmed that it had struck a deal with the Shanghai Gensource Medical Appliances with the latter expected to market the former’s products to at least 25 cities across China. On top of that, Shanghai Medical Appliances will also bring Micromedic’s products to more than 8,000 hospitals and medical centers.
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