
How much of ANT will Singapore Inc own?
Ant, the fintech controlled by Alibaba’s billionaire founder Jack Ma, will sell shares in a dual listing in Shanghai and HK. The sale, roughly 3.34bn shares, which account for 11% of Ant’s total outstanding stock, will fetch US$34.4bn. The Shanghai portion is worth Rmb114.9bn (US$17.2bn) or about half the total. GIC is subscribing...

Employers face problem with Work from Home
Many workers prefer to work from home (WFH). They do not have to spend time commuting to office. They have more freedom. But WFH comes at a cost to the employer. It can be a heavy cost. The employer has to make sure that the workers are productive. They have to earn enough revenue to keep the business viable. The employer cannot...

Employers are struggling to survive
A newspaper editorial asks this question: Job-hunting in a pandemic: Are Singaporeans too entitled? Employers too exploitative? I believe that most employers are struggling to survive. They are not exploitative. Some are, but this is likely to be the minority. Singaporean workers should accept the reality. It will be a very...
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