Dashboard
LoginSign Up

Financial News

Google AdSenseNews Headernews_header
Non-performing Sedco subsidiaries to face closure, reforms
thestar_my20d ago

Non-performing Sedco subsidiaries to face closure, reforms

KOTA KINABALU: Subsidiaries under the state Sedco Group that fail to turn profitable within a year will be shut down or undergo buyouts, its newly appointed chairman Datuk Masiung Banah says. Read full story

#ECONOMY
Passports and visas: Keys for global access
jamaicaobserver20d ago

Passports and visas: Keys for global access

For decades passports and visas were treated as simple travel documents — something you pulled out when you wanted to go on vacation, attend a conference, or visit family abroad. In 2026, that understanding is outdated.Today, passports and visas function as tools of access. They determine which banking systems you can enter, which job markets you can legally participate in, how long you can stay in a country, and whether you can operate across borders without friction. Countries around the world are quietly reshaping their immigration policies, becoming more selective — but also more strategic — about who they allow in and why.For small states like those in the Caribbean, this shift matters deeply. Not because everyone wants to migrate, but because access to external systems is now essential, even if you intend to remain at home.This is the moment to rethink visas not as travel permissions, but as strategic instruments.The Shift Happening GloballyAcross the world, immigration systems are being redesigned around optimisation rather than openness. Governments are no longer asking, “How many people can we let in?” but rather, “Who adds value to our economy, skills base, or long-term plans?”That is why we are seeing:• New talent and skills-based visas• Digital nomad and remote work visas• Long-term lifestyle residency programmes• Streamlined business and investor pathwaysEven the most powerful countries are monetising access. When nations openly discuss selling citizenship or revamping visa structures to attract specific profiles — skilled professionals, entrepreneurs, executives, creators — it signals a fundamental change. Borders are becoming economic filters, not just lines on a map.From Migration to MobilityThis conversation is not about fleeing home.There is an important distinction between migration and mobility.Migration implies permanent relocation.Mobility is about options — the ability to move, stay, work, bank, or operate legally across multiple jurisdictions when needed.You may never leave Jamaica permanently. But having access to additional systems — banking, employment, education, residency — gives you leverage in an increasingly volatile world.The Visa Pillars Jamaicans Should UnderstandInstead of thinking about visas individually, it helps to think in pillars — layers of access that serve different purposes.Pillar 1: Financial & Banking AccessSome visas and residency programmes function primarily as gateways into financial systems, not employment pathways.A key example is the United States B1/B2 visa. Beyond travel, it provides lawful entry to attend conferences, hold meetings, and establish professional relationships. Being physically present in the US also allows Jamaicans to apply for non-resident bank accounts at institutions that require in-person verification. Approval is not guaranteed and varies by bank, but the B1/B2 is the correct visa category that allows this access to be pursued legally.Another important tool is Estonia’s e-Residency, which enables non-residents to register an EU-based company remotely and access European fintech and banking platforms such as Wise, Stripe, Paysera, and Revolut Business — without relocating to Europe.This pillar is about financial mobility: gaining access to global banking and payment infrastructure, not foreign employment.Pillar 2: Travel & Transit AccessEven without migrating, certain visas dramatically expand global mobility.Holding visas from key transit hubs — such as the United States, Canada, or the United Kingdom — allows smoother movement across regions where these countries function as major gateways. Without them, entire parts of the world become logistically difficult or inaccessible, even for short stays or business travel.This pillar is often underestimated until restrictions appear.Pillar 3: Talent & Skills-Based VisasA growing number of countries now offer visas based on what you can do, not where you are from.These visas target professionals in areas such as:• Technology and engineering• Creative industries• Education and research• Health care and specialised tradesCountries across Asia, Europe, the Middle East, and Africa are actively competing for global talent. Some talent visas require a job offer; others allow entry first, followed by job matching or freelance activity.For Caribbean professionals with globally relevant skills, this pillar opens employment markets far beyond local economies.Pillar 4: Lifestyle & Long-Term Residency VisasNot everyone wants to work locally — some want stability, quality of life, or a base abroad.Lifestyle visas allow long-term stays without traditional employment. These are popular in parts of Asia, Latin America, and Southern Europe, offering renewable stays ranging from one to 10 years, sometimes longer.These visas are especially valuable as fallback options — places you can legally stay long-term if global or regional conditions shift. IE – Destination Thailand visa.Pillar 5: Regional Access (CSME)Closer to home, regional frameworks like the Caribbean Single Market and Economy (CSME) remain underutilised tools. CSME certificates can provide access to employment and, in some cases, financial services within participating Caribbean states.In a changing world, regional mobility should not be overlooked.Why This Matters NowThe world is not becoming smaller — it is becoming more fragmented. Economic shocks, geopolitical shifts, policy changes, and sudden visa restrictions can reshape access overnight.Those with options adapt faster.Passports and visas are no longer passive documents, they are strategic assets that determine:• Where you can bank• Where you can earn• Where you can stay long-term• Which systems you can legally plug intoThe real risk in 2026 is not movement — it is being locked out.Thinking strategically about visas does not mean leaving home. It means ensuring you are not confined to a single system in a world that increasingly rewards flexibility.Access, not escape, is the new power.Keron Rose is a Caribbean-based digital strategist and digital nomad currently living in Thailand. He helps entrepreneurs across the region build their digital presence, monetise their platforms, and tap into global opportunities.Through his content and experiences in Asia, Rose shares real-world insights to help the Caribbean think bigger and move smarter in the digital age.Listen to the Digipreneur FM podcast on Apple Podcasts, Spotify, or YouTube.

#ECONOMY
Why Is Nvidia Stock Rising In Premarket Today?
menafn20d ago

Why Is Nvidia Stock Rising In Premarket Today?

(MENAFN - AsiaNet News) Bloomberg reports that Nvidia CEO Jensen Huang is set to visit China later this month and could meet with Beijing officials to push for the resumption of H200 sales in the ...

#STOCKS
Terry Savage: Now is the time to review retirement portfolios
chicagotribune20d ago

Terry Savage: Now is the time to review retirement portfolios

If you are retired, this is the perfect moment to review your investment exposure and — if you will be older than 73 this year — to calculate your required minimum distribution (RMD) and plan for withdrawals from traditional IRAs and employer-sponsored retirement plans.

#STOCKS
Bitcoin ETF Exodus: U.S. Spot Funds Bleed $479.6M for Second Straight Day as Investor Sentiment Shifts
bitcoinworld20d ago

Bitcoin ETF Exodus: U.S. Spot Funds Bleed $479.6M for Second Straight Day as Investor Sentiment Shifts

BitcoinWorldBitcoin ETF Exodus: U.S. Spot Funds Bleed $479.6M for Second Straight Day as Investor Sentiment ShiftsNEW YORK, January 21, 2025 – The nascent U.S. spot Bitcoin ETF market confronts a significant test of resilience as data reveals a substantial $479.61 million net capital exit for the second consecutive trading day. This persistent outflow, meticulously tracked by industry data aggregator TraderT, underscores a notable shift in short-term investor behavior following the [...]This post Bitcoin ETF Exodus: U.S. Spot Funds Bleed $479.6M for Second Straight Day as Investor Sentiment Shifts first appeared on BitcoinWorld.

#COMMODITIES
Google AdSenseNews Footernews_footer