Lai Oi Lai

Lai Oi Lai

Correspondent, Business Desk, Lianhe Zaobao

Lai Oi Lai joined Lianhe Zaobao's Business Desk in 2016. She covers business news, financial markets and the private sector.

US dollar banknotes are seen in this illustration taken 10 March 2023. (Dado Ruvic/Illustration/Reuters)

De-risking too: The world's efforts to de-dollarise

Despite all the talk of de-dollarisation and some movement towards it, the US dollar remains the dominant global currency for now, and it will be an uphill task to shift away from it. Lianhe Zaobao correspondent Lai Oi Lai speaks to academics and financial experts to find out more about the world's pursuit of de-dollarisation as a way of risk management.
The skyline of Singapore's Central Business District, 1 December 2021. (SPH Media)

Wealthy Chinese setting up family offices in Singapore see it as springboard to ASEAN

In the first of a seven-part Lianhe Zaobao-Business Times series on China and ASEAN, Zaobao business correspondent Lai Oi Lai gives an update on the trend of high-net-worth Chinese investors coming to Singapore to set up family offices and invest in start-ups.