GFC

Global Market Meltdown – 2016

At the World Economic Forum in Davos, Switzerland, business leaders have been expressing their thoughts as Brent slides below $30 a barrel. Oil’s slump to a 12-year low is ripping through markets. Business leaders and…


Job Security and Opportunities

In April 2013, I have mentioned that job security is history and nobody is immune from it. That is becoming a reality, anybody will be shown the door out. What is worse than having no…


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Economic Downturn Reduces Training Budget

It is a fact that in an organization when budget cut is eminent as effected by economic downturn, the training budget is always the first cut. During an employee performance review, the top of the…


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How Do Engineers Ever Survive Another GFC?

The GFC in 2008 was the start. Many EPCM companies have significantly reduced manpower to to remain fluid. Some of my friends were affected by the retrenchments back then. Then world economy rallied back to…


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GFC Bites Again

Spain, Greece, Italy and Cyprus, what do they have in common? All are member of the EU and were bailed out from bankcruptcy. GFC bites again. When will it free the world from financial burden,…


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2013 Financial Crisis a Reality

The prediction of another tough economic times in 2013 is now a reality. Many companies are now down sizing to survive. Offshoring is also on the table to remain competitive. Nouriel Roubini who famously predicted…


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