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...
No hurry to get the Covid-19 vaccine
When the covid vaccine is ready, I will not be in a hurry to get vaccinated. Why? First, there will be a limited supply of the vaccine. The people who are more exposed should get vaccinated first, i.e. the health care workers and the essential service workers. Second, the next level will be those who are more vulnerable. They...
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