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...
Initiative taken by Food Bank Singapore and Philips Foundation (FBSAPF)
I praise and applaud the initiative taken by Food Bank Singapore and Philips Foundation (FBSAPF) to provide free healthy meals for low-income families. C19 has definitely exacerbate the plights of many low income and no income families and although the government does help, it is impossible to give people fishes everyday to...
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