What a 2020 for Singapore’s economy

On May 5, 2021 By LS HIn Business Fundamentals, Economy, ResilienceLeave a comment

202- was a watershed year for Singapore’s economy. We saw the worst recession since 1965. Demand for goods and services plunged due to the COVID-19 pandemic. We are seeing recovery. But it is going to be a long journey as you can see in the infographic below.

America’s zombie companies have >US$2.6B debt

On May 5, 2021 By LS HIn Business Fundamentals, Economy, StocksLeave a comment

They call them zombie companies – where their earnings are not even able to cover their interest expenses. And brand names like Boeing, Delta airlines, ExxonMobil and Macy have joined the ranks. Is this a sign that the US economy is on the verge of a big collapse and potentially causing severe ripples to the rest of the world economies?

How COVID-19 rattled the job market

On May 5, 2021 By LS HIn Business Fundamentals, Career, Economy, Human ResourceLeave a comment

This is a good infographic that summarises how COVID-19 rattled the job market in Singapore, job losses, retrenchment and vacancies.

What a tough 2020 for Singapore’s retail

On May 5, 2021 By LS HIn Business Fundamentals, EconomyLeave a comment

With the dawn of e-commerce, the retail sector had been struggling for a while. 2020 dealt a further blow to the sector. The retail scene has changed and it may never be the same again. Check out this article.

Will all future retail stores be like this?

On May 5, 2021 By LS HIn Business Fundamentals, Economy, Human Resource, InnovationLeave a comment

This convenience store managed by Cheers has no cashier and no check-out counter. You register your faceID, visa payment card and start shopping. Sensors in the store will keep track of your presence in the store and the items you scan upon purchase. When you leave the store with those items, your credit card will be charged accordingly. Is this the future of retail? Interesting times!

UK-Singapore Free trade agreement goes into effect

On May 5, 2021 By LS HIn Business Fundamentals, EconomyLeave a comment

The UK-Singapore FTA has come into effect. Check out the details in this article to see what this means for both countries.

Malaysia misses Vision 2020 target

On May 5, 2021May 5, 2021 By LS HIn Business Fundamentals, Economy, ValuesLeave a comment

I vividly recall how the country was energised by the vision of then Malaysian PM Dr Mahathir to bring the country to first-world standards by 2020. Now there is a new “Shared Prosperity Vision 2030” target to create a more equitable economy to make the country the centre of Asia. What can we learn from this when setting visions for companies? What can we do in tracking execution plans so that visions can be re-calibrated or have the runway extended?

A $150M food empire that started with one noodle-stall

On May 5, 2021 By LS HIn Business Fundamentals, Career, Human Resource, ValuesLeave a comment

The Fei Shiong group started as a single fish-ball noodles stall. Today, it has 15 brands and 160 outlets. This is one of the successful F&B start ups that has thrived through the years in Singapore. Check out this interview with the founders.

Real Madrid had the highest revenue during the covid year of 2020

On May 5, 2021 By LS HIn Business Fundamentals, Economy, InnovationLeave a comment

All football clubs experienced drop in revenues in 2020. With lockdowns and matches without fans, the main cause of revenue declines is clearly due to having no match ticket sales. In spite of this, Real Madrid has turned in 681M euros. Perhaps this is the time for football clubs to re-examine their business models and revenue mix strategies so that they have a sustainable future.

Volocopter to launch drone taxi services in Singapore within 3 years

On May 5, 2021 By LS HIn Career, Innovation, UncategorizedLeave a comment

Exciting times ahead! Volocopter plans to launch drone taxi services in Singapore within 3 years. Sounds good. Would you use this service?

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