The future for the media companies
The media companies are struggling. Their revenue from the sale of newspapers and advertising are dropping. It affects media companies around the world. Singapore Press Holdings and its newspapers are affected in the same manner. They try to get online subscriptions. Most of them failed to find the right formula. What is their...
Genting Singapore back in the black
I read in this morning's online news, The Edge Singapore that Genting Singapore is back in the black with a profit of S$54.4 million in 3Q 2020. I don't own Genting shares but still I congratulate Genting Singapore for turning the corner and I hope that their recovery momentum is maintained so that hopefully, more jobs can be...
Investors and the Alibaba Leap of Faith
Just watched CNBC news that Alibaba's Single Day sold $75 billions in world’s largest shopping binge, a lot of small merchandise from US. I am surprised. This makes you wonder if the I.P.O. would have made the Ant Group 'too big to fail' in the eyes of the Chinese Communist Party. In the U.S., 'too big to fail' means that...
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