US, Canada agree to Nafta replacement that includes Mexico

SINGAPORE (Oct 1): The US and Canada agreed to a trade deal with Mexico, setting the stage for their leaders to sign the accord by late November in a region that trades more than US$1 trillion ($1.37 trillion) annually.

The three countries reached an agreement to replace the 24-year-old North American Free Trade Agreement, according to a joint statement from US Trade Representative Robert Lighthizer and Canadian Foreign Affairs Minister Chrystia Freeland on Sunday. The new deal will be called the US-Mexico-Canada Agreement, or USMCA.

Cannabis gets a shot in the arm as Canada legalises recreational use

(June 8): Canada will legalise recreational cannabis on July 1.

California is the largest state in the US by GDP and the world’s fifth-largest economy after the US, China, Japan and Germany.

As a result, Canada’s willingness to legalise recreational use of cannabis has prompted a new wave of laws liberalising access to medicinal cannabis.

For value investors thinking of scooping up some cannabis-related stocks, pickings are likely to be few and far between though, as nearly all the companies are loss-making.


Camping in Canada

A one-night trip can satisfy your need to go back to basics and nature. Just take an eight-hour hike to Johnston Creek in Banff National Park, with two days’ supply of food and water.


Trump clears way for controversial oil pipelines

WASHINGTON (Jan 25): US President Donald Trump signed orders on Tuesday smoothing the path for the controversial Keystone XL and Dakota Access oil pipelines in a move to expand energy infrastructure and roll back key Obama administration environmental actions.

Petronas eyes new island for US$27 billion Canada LNG plan


(Dec 29): Malaysia’s Petroliam Nasional Berhad is seeking to move ahead with a proposed US$27 billion ($39 billion) liquefied natural gas project in western Canada after identifying a new site for shipping the fuel, a shift that may help reduce costs and quell local opposition.

iX Biopharma secures Canadian patent for WaferiX

SINGAPORE (Oct 31): iX Biopharma announced that it has secured a Canadian patent for its WaferiX drug delivery technology.

The Canadian patent will expire on 26 Oct 2030, and marks a milestone for the pharmaceutical company after its positive results for its bioequivalene study for PheoniX, a drug for treating male erectile dysfunction.

In its SGX filing, the company stated that it has also been granted a patent in South Korea, while counter patents were granted in Australia, Indonesia, Japan, Malaysia, New Zealand and Singapore prior to that.

Is Singapore losing its competitive edge?

Is Singapore losing its competitive edge?

SINGAPORE (May 31): For a nation famed for being “kiasu” (Hokkien for “scared to lose”), Singapore seems to be losing its drive.

The republic slipped to fourth place in the ranking of the world’s most competitive economies, even as Asian rival Hong Kong toppled the USA to claim the top spot, according to the IMD World Competitiveness Center.

The 2016 edition of the prestigious World Competitiveness Ranking places Hong Kong first, Switzerland second and the USA third, with Singapore, Sweden, Denmark, Ireland, the Netherlands, Norway and Canada completing the top 10.

Be informed of the stories that matter