CCS only took an interest in the Uber-Grab merger after I said that it should be stopped
On March 28 Uber announced it had sold its operations in South-East Asia to rival Grab in return for a 27% stake in Grab. This has been followed by an announcement this week that the deal is being reviewed by the competition authorities in a number of countries including Singapore. According to an article published by state...
Singapore: An illiberal democracy?
I’ve said repeatedly that S’pore is not a democracy but a one-party state like China (Keeping power in a one-party state) albeit a de-facto one where the voters every few yrs approve in overwhelming numbers in a de-facto referendum (never less than 60% of the popular vote) its continuance. But could it be a democracy albeit...
Will SPH shares go to hell or company privatized?
SPH has confirmed its ship is indeed sinking with its Q2 results. (SPH Q2 net profit falls 25% amid weaker advertising, circulation revenue) Former CEO Alan Chan, also former PPS to LKY, left SPH last year and attributed his poor performance to “an increasingly tough economic and media environment”. After 13 years at the...
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