A false sense of safety only?
Photo: ST Many shopping centres practise safe entry, ie, they close off all their building's side entrances on the ground level and visitors must either use their handphone to scan the unique QR code or have their NRIC scanned before they are allowed inside. They look useful but I ask if they are they really foolproof or they...
The limitations of a brand
Robinson’s one of Singapore’s most iconic retail brands has just announced that it will be shutting its doors for good, after 162-years. The local fashion icon was a victim of growing competition and Covid-19 was perhaps the final nail in the proverbial coffin. With the death of Robinson’s, Singapore is left with one less...
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...
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