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

  • Chinese Foreign Minister Highlights CICA Role in Regional Security and Development
    Chinese President Xi Jinping And Wife Peng Liyuan
    China recognized the Conference on Interaction and Confidence Building Measures in Asia (CICA)’s role in regional security and development issues. Chinese State Councillor and Foreign Minister Wang Yi highlighted the importance of CICA during a meeting in New York with foreign minister or representatives of CICA.
  • Chinese Contractor Builds Longest Railway Tunnel in East Africa
    Railway Tunnel
    The China Communications Construction Company, also known as the CCCC, have recently confirmed that it has drilled the longest tunnel railway in East Africa. This tunnel railway will run from the capital city of Kenya up to the town of Naivasha.
  • Former Hewlett-Packard Head Appointed as XFR's Newest Co-CEO
    China Stock Market
    China Rapid Finance, also known as XFR or The Company, is considered as a leader in the consumer marketplace and technology platform in China. The company recently announced that it is expanding its leadership team. As part of this expansion process, the company confirmed that it is appointing Russell Kraus as the new Co-Chief Executive Officer and Vice Chairman of the company.
  • China's Plans to Dominate Semiconductor Industry by 2025
    China Industries
    China ordered its government departments to submit a detailed timeline of how they will replace existing western computer hardware and software programmes with domestic products. The order is in-line with the country’s vision of using China made technologies by 2025.
  • 'Mad Dog' Mattis Still Positive Despite Foiled Military Talks With China
    Jim 'Mad Dog' Mattis
    Despite China’s recent decision to scrap military talks with the United States, U.S. Defense Secretary Jim Mattis recently said that he is still looking for a way ahead for military ties with the rising Asian superpower. China decided to cancel military talks with the U.S. after the latter decided to slap sanctions over the former’s decision to purchase various military hardware from Russia.
  • Trade War: Hurricane Rebuilding Further Hampered by Trade Tariffs
    Hurricane Florence damage
    Tariffs imposed by the Trump Administration will add burden to homeowners and businesses as they rebuild their properties affected by Hurricane Florence. As the flood waters recede and homeowners and businesses started to rehabilitate, the imposed tariffs increased the cost of construction materials.
  • Changi Airport Group, Hunan Airport Management Group Work Towards Consultancy Project
    Changi Airport
    Changi Airports International (CAI) signed a memorandum of understanding (MOU) with China’s Hunan Airport Management Group closing the deal in airport consultancy projects. The MOU ensures the company’s investment in China.
  • China's Debt Capital Markets Now DBS Capital's Top Priority
    DBS Bank
    Widely considered as Asia’s largest lender, DBS Group Holdings was recently reported to be working on an expansion plan to extend its fixed-income business in China. This move is seen by many market analysts as a strategic move which is part of the company’s effort to bring more first-time bond issues into the world’s second largest economy.
  • Analysts: U.S. Inflation Will Be Worse Than Great Depression
    The White House
    Economic experts warn that their predicted US economic downturn is worse than what was experienced during the Great Depression. Murray Gunn with Elliott Wave International, a financial forecasting firm said in the New York Post that they think that the major economies are on the cusp of inflation into the worst recession that the United States has seen in 10 years.
  • Google CEO: Company Has No Political Agenda
    A Google sign is seen during the China Digital Entertainment Expo and Conference (ChinaJoy) in Shanghai
    Google CEO Sundar Pichai responded through an email to Google employees that the company does not bias its products to favor in political agenda. Pichai responded after receiving reports that some staff was discussing tweaking search results showing a pro-immigration bias.
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