Shaaz Nasir

Posts Tagged ‘hong kong’

Doubt Me.

In Advice, Blog, Business, Canada, China, City Council, Culture, Economics, Economics Association, ESA, Exercise, Experience, Failure, Faith, Film, Football, Glasses, Globalization, google, GQ Magazine, Greeting, Life, Metrosexual, Orientation, Packing, Tennis, Traveling, Uncategorized, University of Ottawa, World on October 27, 2010 at 12:07 am

Doubt if you must, it’s something I have grown accustom to. If people don’t doubt you it means you’re not pushing the boundaries, not daring to do something that can’t be done. The moment people stop doubting you it’s not because you won them over but rather because you lost yourself.”

– life experiences

From the start people will doubt you and your aspirations. In an attempt to clip your wings all types of methods will be used; no matter what you must resist the barraged of attacks. At the end of high-school after 4 years of planning to become a psychologist I discovered the world of economics. My plan for the next 10 years was scratched in 10 minutes as I frantically scrambled through my research to determine the prerequisites of my new dream.

The Chinese could not have built a greater wall than what stood between me and economics.

The hurdles added up to around 2 years of more schooling. I scurried over to my high school academic advisor to devise a master plan in which my dream would become a reality way sooner. Little did I know, she would doubt me.

“Shaaz, why are you trying? Just give up on this goal of yours. You can’t do this it’s just too much for you. Stop and settle for what you have; you would probably need 3 years of schooling to get the perquisites. There is no way this can be done.”

Some great Academic Advice eh?

So I picked up the pieces of my shattered goal from the floor and made a quick exit. After some consulting with my family and other sources (you can smell my sheer determination at this point, never give up), the solution was found!

Take that Risk

I had a meeting with the department of economics at Carleton which produced a a risky choice. I could take a harder version of  grade 12 calculus at Carleton (some hybrid version which means more in-depth/challenging) and VOILA  I would be majoring in economics at uOttawa. However, the chance to waste money, time, rejecting job offers and failing was high as I had ZERO experience with math at that level.

Of course I took the class.

LONG days LONG nights and NO Summer with LOTS of stress. On average 5-6 hours of studying a day everyday period.

Raw brute force.

Result?

Determination worked as I finished in the top 10% percent of the class with a 79%.  Proved a good amount of people wrong but more importantly proved to myself I could live out my dream, no matter how tall those walls were.

Now I am only 7 months away from my degree in International Economics and Development with a minor in Business Administration. I have 3 years of government work experience. I have the privilege to be the VP Finance of uOttawa’s Tennis League and  the VP Academic uOttawa’s Economic Student Association. Furthermore, I been lucky enough to embark on a 20 day economic delegation to China and Malaysia as a Trade Ambassador.

This message  is not about me or my life but rather about the powers of doubt itself.

Keep pushing the boundaries and doing what’s not possible time and time again.

So for those people please continue to doubt me and MTG.

It only means good things are coming our way…

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Mind the Economy: “Currency War” made simple

In Advice, Beijing, Blog, Business, Canada, China, Economics, Global Vision, Globalization, Guangzhou, Hong Kong, India, Kuala Lampur, Life, Lunch, Malaysia, Ottawa, Packing, Shenzhen, SME, Song, Success, Technology, Television, Traveling, Uncategorized, University of Ottawa, World on October 17, 2010 at 12:36 pm

How do Currencies and Interest rates play off each other?

More recently, many developing countries have had to contend with their own currencies rising and undermining their competitiveness.

The problem is that those low interest rates in the developed world have led investors to seek higher returns elsewhere, in emerging markets.

To invest in those markets, they need to buy the currency and that pushes its value up. That in turn makes those countries’ goods more expensive for foreign buyers and the overseas investment money creates a danger of unsustainable bubbles in their property and financial markets.

China has stopped its currency rising much by buying foreign currency. If it were to refrain from that and allow the yuan to rise, it would probably help other developing countries that compete with China, as well as the US which is protesting the most.

But there is another force behind the rising developing world currencies. Their economies are growing robustly, while the rich countries are not.

The tension over between the US and China over currency policy surfaced once again at the International Monetary Fund Talks

USA renewed the pressure on China to allow its currency to rise. The US has a long-standing grievance over China’s currency policy, which limits the movement of the yuan against the dollar. The American complaint is that it gives Chinese exporters an unfair competitive advantage.

There was a vigorous response from Zhou Xiaochuan, governor of China’s central bank (The People’s Bank of China), who blamed the rich countries for problems in the currency markets. Mr Zhou said extremely low interest rates in rich countries had created “stark challenges for emerging market countries”.

My Thoughts on the Gap.

Tensions are rising among the developing world and developed as priorities on currency (non)manipulation begin to clash. However, should a country stop manipulating its currency in the name of “fairness”?

Destabilizing the economy in the short run, running the risk of damaging the private sector as businesses go bankrupt; jeopardizing an economy’s growth and ability to reduce poverty  does not sound “fair”. The notion of “fair” implies morals which begs the question: who is making these moral rules?

WTO….IMF….WB……USA…..CHINA…..WALDO?????

International Economics is a game where rules are subjective but actual substantive growth is tangibly objective. I am not for currency manipulation but neither am I for irrational and sudden policies  that would jeopardize  an entire economy….especially not the economy that’s the driving force of world growth in terms of consumer consumption ….

-Articles combined from BBC & CBC

Mind the Economy: Jobless Recovery…Give me a break IMF

In Advice, Business, Canada, Culture, Economics, Experience, Faith, Future, Globalization, Life, Shaaz Nasir, Success, Technology, Trade, Traveling, World Bank on October 14, 2010 at 9:35 am

Four challenges: IMF

Strauss-Kahn highlighted four challenges to be addressed by the officials gathering in Washington…..

• Sovereign debt. Fiscal sustainability remains a problem for some countries, particularly those that entered the crisis with very high levels of debt. “So we are strongly in favor of medium-term consolidation, but it doesn’t mean that in the short term every country will have to tighten as much as possible. It depends a lot on their own situation and it is very country specific.” Where the recovery remains fragile and private sector demand is weak, support for demand is still needed.

• Jobless recovery. Just reviving growth is not enough. “We need growth with jobs. Growth without jobs doesn’t mean much for the man in the street. So obviously, for us, the crisis will not be over until the unemployment rate decreases significantly.”

• Financial sector reform. While a lot has been done to address improved regulation, particularly through the new Basle III accord, a lot more needs to be done on supervision and regulation of the financial sector, which was at the heart of the global crisis. In addition, Strauss-Kahn said the IMF supported moves to introduce taxation of the sector.

Global cooperation. The world got through the economic crisis through very close cooperation, but now the momentum was decreasing. One example of this is emerging competition between countries to adjust their currencies to gain an advantage. “What we all want is the rebalancing of the global economy, and this rebalancing cannot happen without a natural consequence of it, which is a change in the relative value of currencies.”

Politics +  Economics = headache

I have been noticing over the past two years that policy makers in the lime light or politicians using the phrase “growth without jobs is horrible” or ” we cannot face a jobless recovery ARHHH”….

Are these guys missing the point or adhering to misconceptions of growth and recovery formed by the pubic?

Depending on what sector, companies around the world  must experience substantive growth for around 12 to 20 months before they can consider hiring once again. Furthermore, during (and as a result of ) recessionary periods, companies examine  their internal workforce and re-prioritize organizational objectives. The restructuring period may lead  to massive overhauls (bigger than Wario’s) for the company’s structure and size. For example, GM…they cut their company in half by killing about 6 brands….people cannot expect them to hire the same amount of workers….

Furthermore, demographics  also play a vital role in unemployment rates. In Canada the time it takes for unemployment rates to return to pre recession levels takes twice as long for young professionals (defined as youth 16-25)…why..that’s another post for another day.

For now,

let us focus on these four challenges and the realization that time is the best public policy tool in the fight against unemployment rates, not fuelling economic misconceptions.

Video: Shaaz in Chinese Microsoft Meeting

In Advice, Business, Canada, China, Economics, Experience, Global Vision, Globalization, Traveling, University of Ottawa, World on September 16, 2010 at 5:24 pm

Junior Team Canada had a discussion with one the experts at Microsoft Asia-Pacific region in Beijing R&D Headquarters.

We went over were Microsoft sees the world in the next ten years as the expert provided us with extensive market analysis on various sectors within the industry. The Asia-Pacific region is playing an increasingly significant role in Microsoft’s global innovation strategy. They create cutting-edge of technology, innovating solutions that impact millions of people around the world.

They have a focus on their four core pillars of research, incubation, development and ecosystem partnership, their engineers and researchers are passionate about creating the world’s best solutions and experiences.

Emerging Markets
Countries in the Asia-Pacific form some of the top emerging markets. China has the world’s largest number of mobile device and consumer electronics users and the world’s second largest number of PC and Internet users. Its vast market and specific user needs such as SMS and online games inspire new forms of technology integration, while offering new business opportunities. Actively engaging theses emerging markets like China in the development of competitive technologies, products and services is the best way to bring the benefits of innovation to these markets and the rest of the world. Microsoft Asia-Pacific R&D discussed how they are  exploring areas such as healthcare, education and mobile technology.

We were the first ever group of Young Canadian Professionals to engage with Microsoft Asia-Pacific R & D!

Here is a brief video….it’s very random and after the presentation lol

Japanese 3D WORLD CUP?!

In Blog, Business, Canada, Economics, Exercise, Fashion, Football, Friends, Frosh, Future, Globalization, Orientation, Ottawa, Technology, Television, Traveling, University of Ottawa, Women, Work, World, Youtube on September 16, 2010 at 3:48 pm

In 2022, the Japanese claim that with over 150 HD cameras and special microphones they can create a 3D World Cup. What does this mean? Well imagine this…seeing Brazil play England in lansdowne park ….what?

Yes.

The Japanese say forget about sitting in an cinema with some cheap plastic ray-ban rip offs…

Brazil and England play in Japan during the World Cup while you are in Ottawa at Lansdowne park watching a 3D projection of that game on the field….with the sounds of the Japanese fans cheering with you.

This is monumental as the potential profits are simply unimaginable….fields in New York…London…Paris…Hong Kong the list goes on and on….

Profits?

1 game

90, 000 tickets to sell….

now take that number and multiply it by as many fields you want!

Calm Down

Turning the World Cup into a truly international experience does have its setbacks. The cost structure of setting up a 3D enabled field in the mega cities mentioned above would be key to the pricing of the tickets. Image rights for the players could also be troublesome and the actual technology itself is somewhat questionable….

But this could be the true game changer in Soccer with potential profits quadrupling as long FIFA has a plan to deal with the equal increase in cost and risk.

Where is the juice?

The games will be partially powered by solar panels AND  the kinetic energy created by a stadium full of fans. Simply outstanding as the passion and love for the sport will literally generate/sustain the World Cup  atmosphere.

Final Word

I say give the Japanese a chance with the World Cup in 2022….let  the beautiful game embrace the 3D movement.

Shaaz and Andrea on CBC LIVE!!!!!

In Business, Canada, China, Economics, Global Vision, Globalization, Traveling, Uncategorized, University of Ottawa, World on August 23, 2010 at 5:06 pm

Andrea and I will be on CBC’s Ottawa Morning tomorrow at 8 :15 am!

Ottawa Morning is Ottawa’s number one morning show, hands down. In fact, day in and day out, more people listen to CBC Radio One in Ottawa than to any other station in town.

Join Kathleen Petty and the Ottawa Morning team for a fresh take on what you need to know to start your day, and what you want to know to live your life.

We will cover our journey with Global Vision over the past 8 months and share the experiences we gained through the China Malaysia Economic delegation

I am Sorry.

In Canada, China, Economics, Global Vision, Globalization, Meeting, Traveling, University of Ottawa, World on August 19, 2010 at 12:38 pm

While waiting for my airplane at the HK airport, I  was just thinking about Mind The Gap “MTG”….

This blog is about to go through a massive overhaul, it has not lived up to my standards thus far….. simply do to my unrealistic expectations of blogging/uploading videos everyday while on the actual mission.

Time was simply not on my time….nor was technology.

Regardless, MTG blog has been averaging around 60-80 hits day from various people on the net..and I am very grateful for the ones who follow my journey. It has been a ‘hit” in those terms…..

Restart

Once I create the new series of blogs, personal China/HK videos, and some good ol’ life lessons….MTG will be what my Communications Manger (William Greenwood) and I envisioned.  A portal of life lessons about the gaps between all of us, from economic to cultural.

William has worked very hard in promoting MTG…..but I feel like I have failed him and everyone by not fulfilling the  blogging quota as originally planned.

I will make up for this.

ps. there have been some people who have misunderstood “MTG” and are attempting to make a joke out of it.

It’s unfortunate, but I suppose you can’t win them all. For those who do appreciate what William and I are trying to do, thank you for your support….please feel free to offer some constructive criticism. We always love to hear from our followers!

Alright….next blog I will re explaining what “MTG” is all about.

Me at the Beijing Hotel

Shaaz in Malaysia and a HUGE “OIL” COMPANY

In Canada, China, Economics, Global Vision, Globalization, Traveling, University of Ottawa, World on August 15, 2010 at 1:45 pm

We have a meeting with Talisman Energy in a few hours so here is a bit of info on them…enjoy

Talisman Energy Inc. (TSX: TLM) is one of Canada’s largest petroleum SB companies. It was originally part of British Petroleum, known as BP Canada, but in 1992 it became an independent company named Talisman Energy. Based in Calgary, Alberta, Talisman Energy has operations around the globe including: Canada (B.C., Alberta, Ontario, Saskatchewan, Quebec) and the United States of America (Pennsylvania, New York) in North America; Colombia and Peru in South America; Algeria in North Africa; United Kingdom, Norway and Poland in Europe; Indonesia, Malaysia, Vietnam, Papa New Guinea and Australia in the Far East; and Kurdistan in the Middle East.

In the past the company grew mainly by mergers and acquisitions, and as such has a complex history and large diversity of holdings. Talisman is the first Canadian company to join the Voluntary Principles on Security and Human Rights Plenary Group and is a participant in the United Nations Global Compact.

The Company has a portfolio of international exploration opportunities. Talisman claims to be committed to conducting business safely, in a socially and environmentally responsible manner.

Night Life in Hong Kong

In Advice, Blog, Business, Exercise, Faith, Global Vision on August 13, 2010 at 12:10 pm

Last night we chilled out with some Canadian expatriates at the high-end lounge “club 28”. We had a good chunk of the place booked and the view on the 28th floor was indescribable. The city lights were tantamount to the river just like the neon purple floor where merging with the mirror ceiling. The expatriates were not only high up in their professions but also young with enthusiasm and uncontrollable energy. The hosts ranged from A 24-year-old project manager based in Hong Kong for Lululemon to an early 30’s millionaire….these Canadians are obviously very successful and amazingly driven…giving their thoughts and advice on how the top 45 youth in Canada can meet their potential.

Outside on the balcony next to the pool, there was this angry British man yelling at everyone. Once we calmed him down, he revealed he designed the entire building and is working on more in Hong Kong. He was an interesting character, he “challenged” us to live life with purpose…be what we want to be….make that change…..he talked about his 3 year old daughter ….then he told us he has cancer and will die very soon.

That’s when his message hit us hard.

I just want to let Joe (the British man) know that we will take his lesson and live it.

Ps due diligence was conducted and indeed his story is true.

pps – I will not have internet in Malaysia and most likely no phone service as well (this is to let my Family know)

Where is Shaaz…where are the posts?!

In Business on August 5, 2010 at 8:15 pm

I have been very busy.

But I ..

alright, it appears I have a meeting with Yijun Song, the Counsellor for the Embassy of Canada in 5  mins.

I will begin updating the blog asap

Yijun Song’s Summary

Dr. Song was the first Representative of the Government of Ontario in China to head Ontario International Marketing Centre in Shanghai. He also served as a Consul in the Canadian Consulate General in Shanghai. In addition, he founded the Ontario China Business Association (OCBA) in Shanghai and an active member of Canada China Business Council’s Shanghai Chapter.

Prior to his posting in Shanghai, he was an Area Director in the Government of Ontario responsible for the trade development between Ontario and the three Chinese economic areas: Mainland China, Hong Kong and Taiwan. Before joining the government, he managed a trade-training program at Ryerson University in Toronto and provided business/education-consulting services to Canadian companies and education institutions.

He understands business practices in the East and is also in tune with the economic and trade development in Canada. Yijun is experienced with government procedures and knows the needs of the private sector. He has traveled extensively in both Canada and China and is in the position to serve the economic development and trade between Ontario and regions in China.

During his second year posting in Shanghai, at request of publisher, he wrote and published a book on communications between parents and teenagers, and he was interviewed on both Shanghai TV and CCTV. In his third year, he initiated and helped Shanghai Oriental TV Station completed a 10 episode TV program Driving across Canada, which was aired from Oct 1st – 10th 2004 and repeated in 2005.

Dr. Song graduated from Shandong Teachers’ University in 1978, received his BA from the University of Ottawa in 1983, and his master and doctoral degrees from the University of Toronto in 1987 and 1994 respectively.