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Archive for the ‘Business’ Category
Business associations

Business associations

Business associations, like the Singapore Business Federation (SBF), Singapore Chinese Chamber of Commerce and Industry (SCCCI), the Singapore branches of the American Chamber of Commerce and the European Chamber of Commerce - although always low key and out of the spotlight, nonetheless exert overwhelming influence on our government... 

Fairprice changed its business model

Fairprice changed its business model

I became a shareholder of Fairprice 40 years ago and invested a modest sum (maybe $1,000) in its shares. Fairprice offered low prices and have a convenient network of stores all over Singapore. Fairprice distributes a large part of their profits to their shareholders each year as a rebate on their purchases. In most years, the... 

Blockchain Technology

Blockchain Technology

It is supposed to be a technology that does not depend on a single party managing the database and its records. It is supposed to be "independent". To achieve this independence, it uses a technology of replicating the database to many "miners" who have the responsibility of authenticating the database. It seems to be a lot of... 



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