Author Topic: The other side of the coin  (Read 69749 times)

Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #100 on: August 27, 2019, 12:00:35 PM »
李嘉诚撤离砸4000亿给英国,这个香港富豪却携138亿“进军”内地 ~ 24 Aug 2019
http://www.sohu.com/a/336171862_100120495
香港经过几十年的发展,四大家族依旧屹立不倒。根据胡润研究院发布的《2019胡润全球富豪榜》显示,李嘉诚家族身价2057亿元,李兆基家族身价1915亿元,郑裕彤家族身价1205亿,郭炳联家族身价574亿,都处于顶级富豪行列。

China is looking for a quick economic fix in Hong Kong. It’s missing the point ~ 30 Jul 2019
https://www.theguardian.com/commentisfree/2019/jul/30/china-economic-hong-kong-carrie-lam
  • There are signs Beijing intends to work with Hong Kong on issues such as housing.
  • But without democratic reform, protests will intensify. Affairs office spokeswoman Xu Luying, speaking of social problems in Hong Kong, focused on economic issues such as youth opportunity, social mobility and housing affordability.
  • This holds out hope that Beijing intends to work with the Hong Kong government and, perhaps more importantly, Hong Kong’s all-powerful tycoons in addressing housing prices and other business and economic issues.
  • The extradition bill that originally motivated the present protest movement and the livelihood issues Beijing is targeting are merely symptomatic of what Hong Kong’s protesters see as the underlying cause: Hong Kong’s undemocratic system, under which the people are governed by a government beholden to Beijing and accountable to Hong Kong’s tycoon class, and not governing in the interests of the people.
Tycoons: The men who rule Hong Kong ~ 4 Oct 2016
https://www.timeout.com/hong-kong/blog/tycoons-the-men-who-rule-hong-kong-100416



李嘉诚旗下码头罢工续:工人十年未涨薪 ~ 1 Apr 2013
http://finance.ifeng.com/business/gs/20130401/7850145.shtml
据了解,位于葵涌的香港国际货柜码头,隶属和记黄埔港口集团,是世界最大的私营货柜码头。拥有四号、六号、七号、九号(北)泊位,同时与中远太平洋合资经营八号两个泊位。公司最终持有人是华人首富李嘉诚。



20万香港底层的真实生存状态:我还没死,就住进了棺材房 ~ 4 Oct 2017
https://www.sohu.com/a/196241273_313480


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #101 on: September 03, 2019, 12:27:00 PM »
SP Setia ~ Trading in a downward sloping channel, TP RM1.17

SP Setia closed with a white marubozu @ RM1.56 (+0.09, +6.1%) with 2.26m shares done on 30 Aug 2019.

Immediate support @ RM1.47, immediate resistance @ RM1.60.



SP Setia ~ Trading in a downward sloping channel, interim TP RM1.55

SP Setia closed with an inverted hammer unchanged @ RM1.84 with 1.17m shares done on 9 Aug 2019.

Immediate support @ RM1.75, immediate resistance @ RM1.87.



Pound to Euro exchange rates: Sterling unstable against the Euro owing to Brexit uncertainty ~ 30 Aug 2019
https://www.poundsterlingforecast.com/2019/08/pound-to-euro-exchange-rates-sterling-unstable-against-the-euro-owing-to-brexit-uncertainty/

The Euro-Dollar charts point lower and a recession in Germany "just moved one step closer" ~ 30 Aug 2019
https://www.poundsterlinglive.com/eurusd/11961-euro-dollar-seen-heading-lower-as-german-domestic-economy-cracks-and-inflation-slides

Battersea project contributions seen for S P Setia from FY21 ~ 16 Aug 2019
https://www.edgeprop.my/content/1574799/battersea-project-contributions-seen-s-p-setia-fy21
CGS-CIMB Research maintained “hold” on S P Setia TP lowered to RM1.90.

Investor sentiment in Battersea project still strong ~ 25 Jun 2019
https://www.youtube.com/watch?v=Ke7QRgaprDM

伦敦巴特西迷雾:一桩自导自演的诡异交易 ~ 2 Feb 2018
http://www.guandian.cn/blogComment/20180202/197262.html
  • 事已至此,项目很大可能将面临亏损,但马来西亚投资方为了保证巴特西发电站项目能够顺利竣工,即便成本严重超支也要继续注资,于是乎便发生了开头所说的用马来政府资金为伦敦城市更新项目兜底的奇观。
  • 另外值得一提的是,马来西亚将在2018年3-4月举行大选,当时极力支持收购巴特西发电站的纳吉布正在寻求连任总理,即便是为了当下的选票和颜面,这个项目也显得不容有失。
  • 总结来说,梳理完巴特西发电站的前世今生,我们看到整件事最大的赢家无疑是“狂褥前殖民地羊毛”的英国人,自己一分钱不出,却能让马来西亚政府心甘情愿用国家资金帮伦敦做历史建筑改建和城市再生,可谓好处占尽,不愧是“空手套白狼”方面的大师!


Are mergers and acquisitions always good for investors?

By Royston Yang
31 January 2019

There's nothing which graces the headlines and makes business news more exciting than mergers and acquisition (M&A) announcements.

With the desire to grow larger and get better, more and more companies are on an acquisition spree to turbo-charge their growth and to create more "shareholder value". Investors who are on the receiving end of such announcements from the companies within their portfolio should carefully scrutinise the deals as M&A do not always turn out well. The devil, as they say, is in the details and this article attempts to explain the good and the bad when it comes to M&A.

The Lowdown On M&A
Companies undertake M&A for a variety of reasons, from the need to integrate a new product line or lines (buying instead of building one shortens the process), acquiring a new complementary set of customers, diversifying away from their core business or simply adding on to their existing capabilities. Whatever the reasons, investors should look at several aspects to ascertain if the transactions are good or bad.
  • Price paid and valuation – What was the total amount of money paid for the deal? Did the company over-pay or are they getting a good deal? It’s important to drill down into the valuation paid and not just look at the headline number. For example, if the acquisition costs $100 million and the acquired company generates $10 million in net profit each year, this means the acquisition was made at 10x earnings, which is considered cheap. The rule of thumb is anything above 15x earnings would be considered “expensive”, though of course, this varies according to the industry.
  • Supposed benefits – Look at what management communicates to shareholders regarding the benefits of the M&A. Does it result in better earnings visibility, wider customer base or product portfolio or some other tangible benefit? Be careful of general terms such as “synergies” which do not provide specific details on how the M&A will benefit the acquirer.
  • Funding for the acquisition – How is the acquisition funded? Using the company’s internal resources and based off free cash flow generation, or via a higher level of borrowings? This is important as it demonstrates if management may be biting off more than they can chew. The infamous leveraged buy-outs in the late 1990s, where companies borrowed aggressively to fund expensive acquisitions, turned out to be a grave mistake as many of these M&A subsequently fared poorly.
Assessing And Monitoring M&A
As investors, I believe we should continue to monitor and assess if the M&A performed well over time, to decide on whether the company had made a good or poor acquisition. Study the disclosures made of the new division or acquisition (assuming the company discloses such numbers) to determine if it is performing well or poorly. The time horizon should be anything from one year to three years, so this can be a long-drawn process.

The Foolish Bottom Line
M&A can be complex, and it’s not easy for the investor to assess if an M&A is good or bad unless he monitors it. A company may also have a track record of successful M&A which an investor can rely on for psychological comfort. The bottom line is that M&As are not always beneficial, and the investor should be aware of this.

Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #102 on: September 19, 2019, 01:06:05 PM »
The Basics Of Game Theory
https://www.investopedia.com/articles/financial-theory/08/game-theory-basics.asp

所有上市公司掌舵人在股票市场玩数字游戏最先考虑的重点是,他們自己本身的利益:

Chip Eng Seng's rights issue proposal = 大鱼吃小鱼  [供股(rights issue)纯粹为了让大股东吞吃小股东的利益]

Elephant in the room: “Change of control” situations ~ 5 Sep 2019
https://governanceforstakeholders.com/2019/09/05/elephant-in-the-room-change-of-control-situations/
“if the EGM resolutions are passed, the controlling shareholders stand to receive about $1 million to carry out this rights issue that will likely allow them to increase their shareholdings beyond 30% without triggering the mandatory general offer. This seems like a case of having your cake and eating it too.”



Securities watchdog looking into billionaire couple' s purchase of Chip Eng Seng shares

18 Sep 2019

THE Securities Industries Council (SIC), which administers Singapore's takeover code, is looking into the circumstances that saw billionaire couple Celine and Gordon Tang emerge as substantial shareholders of Chip Eng Seng in October last year.

"The SIC is looking into the acquisition of shares in the company in October 2018 by the relevant parties," the council said on Tuesday in response to queries from The Business Times.

"As our enquiry is on-going, we are not able to comment further at this point."

The Tangs forked out S$201 million to become Chip Eng Seng's largest shareholders last October, through married deals with members of Chip Eng Seng's controlling Lim family that were done at a premium to the market price.

However, the Tangs chose not to buy out the Lim family's entire stake. Instead, they bought enough to take their stake to 29.73 per cent.

By keeping their ownership below 30 per cent, the Tangs avoided having to buy out Chip Eng Seng's minority shareholders at the same price that the insiders were bought out.

So when Chip Eng Seng proposed a rights issue last month that will be sub-underwritten by the Tangs, corporate governance advocates raised concerns that the relatively unattractive rights offering could lead to the Tangs raising their stake to as high as 43.43 per cent of the enlarged issued capital, allowing them to strengthen their control over the property and construction group without paying minority shareholders a dime.

The SIC declined to comment on why it is revisiting last year's married deals now.

In July, it greenlighted the Tangs' request to waive their obligation to buy out everyone if their ownership crosses 30 per cent as part of the rights issue.

The council's statement on Tuesday came after BT asked it to explain its rationale for the waiver.

Rule 14(6) of the takeover code requires the Tangs to make a takeover offer for Chip Eng Seng if the council judges that the couple have "a significant degree of control" over the voting rights of those insiders who sold them only part of their shares.

Corporate governance activists Mak Yuen Teen and Chew Yi Hong had argued in the pages of BT last week that the Tangs do indeed have effective control over the company, which they believe puts the rationale for the rights issue into question.

Even if the Tangs keep their ownership below 30 per cent, the code states that "the payment of a very high price for the voting rights would tend to suggest that control over the entire holding (of the sellers) was being secured", among other things.

The Tangs paid the Lims a premium of 26.5 cents (or about 33 per cent) to the average undisturbed price of 81.5 cents for their shares last year, wrote Prof Mak and Mr Chew, which works out to a control premium of about S$49 million.

Prof Mak said on Tuesday: "I think the issues of concert parties, partial sales, payment of a high price, independence of directors and corporate actions like the rights issue we saw in Chip Eng Seng need to be scrutinised. It's good if the SIC is looking at it."

When BT approached Chip Eng Seng's board of directors for comment on Tuesday, independent director Abdul Jabbar said: "As the acquisition of shares is a shareholder issue which does not involve the company and there is an enquiry by the SIC on going, it would not be appropriate for the board of CES (Chip Eng Seng) to comment on this.

"From CES' perspective, our corporate strategic growth plans and need for funding remain in place, and, barring any unforeseen developments, we intend to proceed with the rights issue as planned."

The SIC follows due process in its enquiries. It cannot halt a company's corporate actions without the backing of its findings.

Celine Tang, who is a non-executive and non-independent chairman of Chip Eng Seng, did not comment.

Gordon and Celine Tang reside in Singapore, and are reportedly close to the Bush family and Thailand's former prime minister Yingluck Shinawatra.

Mrs Tang is managing director of Singapore-listed SingHaiyi. Neil Bush, the brother of Jeb and former US president George W. Bush, chairs SingHaiyi.

The Tangs also own stakes in Singapore-listed Suntec Reit, ARA US Hospitality Trust, Eagle Hospitality Trust, Cromwell European Reit, OUE Commercial Reit and OKH Global.

Chip Eng Seng proposes rights issue to raise S$96m for expansion

22 Aug 2019

MAINBOARD-LISTED developer  Chip Eng Seng on Thursday said that it plans to  do a renounceable underwritten rights issue of about 156.5 million new  shares at  S$0.63 each, to raise  net proceeds of about  S$96.3 million for its expansion plans.

This will be done on the basis of one rights share for  every four existing shares in the company held by shareholders.

Proceeds will be used  to finance the possible expansion of its property development business in Singapore and overseas, as well as to fund  possible strategic investments and acquisitions in the  education segment of its business, which is in line with the group' s recent diversification into the education sector.

Some money will also be used for  the growth and operations of the group' s hospitality segment, as well as for  general and working capital.

In support of the rights issue, controlling shareholder Celine Tang (also the company' s chairman), her husband Gordon Tang, as well as group CEO Chia Lee Meng Raymond,  have given irrevocable undertakings to subscribe for their portion of shares, which constitute about 31.51 per  cent of the total number of rights shares.

Mr and Mrs Tang have been granted approval by the  Securities Industry Council of Singapore not to have to  make a  mandatory general offer, should  their shareholding in the company rise above 30 per cent.

Ms Tang has a direct and deemed interest of  29.73 per cent in the company.

The price carries a 7.35 per cent discount to the closing price of S$0.68 per share on  Aug 22, and a  5.97 per cent discount to the theoretical ex-rights price of S$0.67, assuming the completion of the rights issue, calculated based on the Aug 22 closing price.

Chip Eng Seng said it has considered other fundraising options, including further bank borrowings  and debt instruments from financial institutions or debt issuances under its S$750  million Multicurrency Debt Issuance Programme, but found a rights issue to be the most " suitable" .

This is because its  net debt-to-equity ratio is already about 1.8 times as at end-June 2019, and  based on the three-year fixed rate notes issued in March 2019 under the programme, the cost of borrowing was 6 per  cent per annum.

"The cost of borrowing depends on market conditions and may be higher for borrowings of a longer tenor," it said.

It has also calculated based on its last paid dividends and Aug 22 closing price, that the cost of equity would be cheaper at about 5.88 per cent per  annum.

Therefore, a rights issue would strengthen the group' s financial position by improving its  balance sheet and capital base, while reducing its net gearing, the firm added.

At the same time, it will give the group greater financial capacity  and flexibility to capitalise on investment and expansion opportunities and allow it to respond  to such opportunities quickly, it said.

Chip Eng Seng will be seeking approval from shareholders in  an extraordinary general meeting to be convened to vote on the issuance, among other things.

United Overseas Bank has been appointed the manager and underwriter for the rights issue.

Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #103 on: October 21, 2019, 09:39:38 AM »
Motley Fool ceasing Singapore operations over regulatory issues

By Claudia Tan
10 Oct 2019

THE Motley Fool Singapore is ceasing operations over a regulatory bind with the Monetary Authority of Singapore (MAS).

The company - a local outpost of Motley Fool in the US - is an investment advisory business that covers stocks and companies, and gives recommendations based on a subscription-based model.

It is classified as a financial institution and operates with a financial adviser's licence under the Financial Advisers Act (FAA).

Its chief executive officer David Kuo said: "We are a subscription service, we don't manage people's funds so it's hard to understand why we have to be regulated the same way as a financial institution."

But nobody is to blame, noted Mr Kuo. "It comes down to regulation and I am not at any point criticising it, it's just that it does not make commercial sense for us to operate under such rules," he said.

Under the FAA, the firm is required to maintain a paid-up capital of S$150,000 and net assets sufficient to cover at least three months of their expenses, subject to a minimum of S$112,500. "This is to ensure they have sufficient financial resources to meet their near-term obligations," said a MAS spokesperson.

Such rules hindered the growth of the company as income from subscription fees have to be booked as assets. "Unfortunately, because we have to keep all of this cash as net assets, we cannot grow the business. The more we grow, the more net asset is required," said Mr Kuo.

According to the MAS spokesperson, most foreign regulators also require financial advisers to maintain a minimum level of liquid assets that are tied to either expenses or cash flows.

Motley Fool, however, continues to thrive in markets outside Singapore including the US, Australia and Japan. "They are not regulated the same way we are and that really is the crux of the matter," said Mr Kuo.

When the company was set up locally in 2013, it started out with Mr Kuo, his business manager and a mere two subscribers. It has since grown exponentially and amassed over 150,000 subscribers. About 10,000 of them pay between S$200 to S$2000 annually for additional services such as seminars and access to exclusive events.

But this very growth caused Motley Fool to become a victim of its own success. The firm had to continuously pump in more capital into the business to cope with the progress it was making. "We needed a huge amount of capital to generate a small amount of revenue. I am not saying it doesn't work, but the return on the investment is not good enough to run the business," said Mr Kuo.

In its response to BT, MAS noted that it had, in February this year, launched the S$75 million Grant for Equity Market Singapore (GEMS) initiative. This included the Research Talent Development grant which co-funds the salaries of local equity research analysts. BT understands that Motley Fool had not made any application under this scheme.

Asked if the firm would consider merging with investment funds, Mr Kuo said: "We believe that private investors should look after their own money rather than hand it over to professional money managers. More than two-thirds of fund managers are unable to beat the market. The primary reason is the fees and charges that eat into investors' returns."

Motley Fool has since notified subscribers of its closure and will be providing them with the necessary refunds. In its email notice to subscribers, Mr Kuo said the challenging environment made it difficult for the company to grow meaningfully and it will cease operations completely on Oct 31.

"Even though the Motley Fool Singapore may not be around, we hope the lessons of long-term investing in companies will last in the minds of our community," he said in the email.

Looking ahead, Mr Kuo plans to continue writing his own commentaries to express his views on the financial market through his own website. "The team is very committed to what we set out to do in the beginning - to educate Singaporeans on how to invest," said Mr Kuo.

Two other members from the team, made up of some 16 people including full-time and freelance analysts and writers, are in the midst of setting up their own website to share stock information.

On the possibility of revising current rules, the MAS spokesperson said that the authority "will periodically review its regulatory requirements, factoring in industry and global developments".

Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #104 on: October 21, 2019, 10:48:29 AM »
Malaysia parliament scraps law criminalising fake news ~ 10 Oct 2019
https://www.aljazeera.com/news/2019/10/malaysia-parliament-scraps-law-criminalising-fake-news-191010024414267.html
Legislation gives government power to order social media sites to put warnings next to posts authorities deem to be false.
  • Law passed by previous government which critics said was designed to stifle dissent repealed at second attempt.
  • Malaysia was among the first countries in the world to introduce anti-fake news legislation.
  • Neighbouring Singapore has passed similar legislation, which came into effect this month despite objections from opposition politicians.
  • Thailand is planning to open a "fake news" centre to monitor online content in November.
  • "Such anti-fake news laws are just a a rebranding of government censorship in a more appealing form, designed to fool people while enabling officials to shut down criticism they don't like," Robertson said.
The Online Citizen article, editor Terry Xu's Facebook post contain falsehoods: MCI and MinLaw ~ 8 Oct 2019
https://www.straitstimes.com/singapore/the-online-citizen-article-editor-terry-xus-facebook-post-contain-falsehoods-mci-and

Singapore’s ‘fake news’ law takes effect as critics sound alarm ~ 2 Oct 2019
https://www.thestar.com.my/tech/tech-news/2019/10/02/singapores-controversial-fake-news-law-comes-into-effect
Singapore's new law to combat "fake news" came into effect Oct 2 despite criticism from tech giants and activists, who labelled the tough rules a "chilling" attempt to stifle dissent.

TOC editor Terry Xu applies to bring in PM Lee Hsien Loong's siblings in lawsuit ~ 1 Oct 2019
https://www.straitstimes.com/politics/toc-editor-terry-xu-applies-to-bring-in-pm-lee-hsien-loongs-siblings-in-lawsuit
Mr Terry Xu, who filed his application in the High Court last Thursday (Sept 26), said he wanted Mr Lee Hsien Yang and Dr Lee Wei Ling to bear the damages if he is found to have defamed PM Lee in an Aug 15 article published by TOC. He explained in a separate document filed last Friday that the article, "PM Lee's wife, Ho Ching weirdly shares article on cutting ties with family members", was meant to be ironic and meant no malice.

TOC editor-in-chief files defence against PM Lee’s defamation suit ~ 27 Sep 2019
https://www.theonlinecitizen.com/2019/09/27/toc-editor-in-chief-files-defence-against-pm-lees-defamation-suit/
Following Mr Xu’s refusal to take down an article published on TOC titled “PM Lee’s wife, Ho Ching weirdly shares article on cutting ties with family members” and issue an apology for the post as set out in the letter of demand from the Prime Minister’s Office on 1 Sept, a writ of summons was served by PM Lee to Mr Xu on 5 Sep.

Singapore’s PM Lee ‘will testify in court’ if defamation suit against The Online Citizen editor goes to trial ~ 11 Sep 2019
https://www.scmp.com/news/asia/southeast-asia/article/3026791/singapores-lee-hsien-loong-will-testify-court-if
  • Lee Hsien Loong is suing Terry Xu for a report that repeats allegations made by his siblings over a family home previously owned by their father, Lee Kuan Yew.
  • The suit has caused a stir amid talk of looming elections, but analysts say the case should not be seen as a proxy battle between Lee and his siblings.
PM Lee’s siblings can decide if they want to testify in court with Terry Xu should the defamation suit goes to trial ~ 11 Sep 2019
https://www.theonlinecitizen.com/2019/09/11/pm-lees-siblings-can-decide-if-they-want-to-testify-in-court-with-terry-xu-should-the-defamation-suit-goes-to-trial/

TOC editor-in-chief to self-represent in court, files memorandum of appearance following PM Lee’s filing of defamation suit ~ 10 Sep 2019
https://www.theonlinecitizen.com/2019/09/10/toc-editor-in-chief-to-self-represent-in-court-files-memorandum-of-appearance-following-pm-lees-filing-of-defamation-suit/
Mr Xu is expected to enter his defence for the case within 14 days from today. The pre-trial conference is due to take place on 15 Oct at 9.30am.


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #105 on: October 21, 2019, 12:10:59 PM »
NBA总裁肖华拒绝应中共要求开除莫雷 重申言论自由是美国企业价值观之一 ~ 18 Oct 2019
https://www.youtube.com/watch?v=ezRp9GuVKa4

NBA's relationship with China frayed over Hong Kong protests ~ 18 Oct 2019
https://www.youtube.com/watch?v=3_2LowVd4Fw

Chinese censorship is no longer just a China problem ~ 17 Oct 2019
https://www.youtube.com/watch?v=8Sv0RkLlaEE

Chinese censorship is spreading beyond its borders ~ 15 Oct 2019
https://www.afr.com/world/asia/chinese-censorship-is-spreading-beyond-its-borders-20191015-p530ql
An incident last week underlined that, in reality, China feels perfectly entitled to interfere when foreigners express views that displease Beijing. A pro-Hong Kong tweet from the general manager of the Houston Rockets led to a clash between China and America’s National Basketball Association, which resulted in NBA games being pulled from Chinese state television.

From the NBA to ‘South Park,’ China refuses to play ball with its critics ~ 15 Oct 2019
https://variety.com/2019/biz/news/china-censorship-nba-south-park-activision-blizzard-1203370536/

China’s conflict with the NBA shows why companies can’t force social change by themselves ~ 13 Oct 2019
https://www.washingtonpost.com/politics/2019/10/13/chinas-conflict-with-nba-shows-why-companies-cant-force-social-change-by-themselves/
A tweet landed a global brand in a clash of politics and cultural demands.



越来越多的美国新闻媒体由少数公司控制 ~ 19 Sep 2019
https://www.voachinese.com/a/the-strip-mining-of-the-us-news-industry-20190918/5089637.html
根据北卡罗来纳大学的数据,15年前还在活跃的报纸有20%已关门大吉,让数以百计的地方连一家当地报纸也没有。根据皮尤研究中心的数据,报纸新闻编辑室的工作岗位自从2004年以来锐减了47%。与此同时,盖特豪斯媒体(GateHouse Media)和甘尼特(Gannett)等这样的公司控制着数百家出版物,它们利用集中式的新闻采集手段,减少了对当地社区的关注。



Utusan, oldest Malay newspaper, and Kosmo! to cease publication ~ 19 Aug 2019
https://www.thestar.com.my/news/nation/2019/08/19/utusan-malaysias-oldest-newspaper-and-kosmo-to-cease-publication
All publications under the Utusan Group – Utusan Malaysia, Mingguan Malaysia, Kosmo!, and Kosmo! Ahad – will cease all print and online publications on Wednesday, 21 Aug 2019.


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #106 on: October 21, 2019, 01:23:04 PM »
Singapore’s Lee Hsien Loong a social media hero in China for Hong Kong protest comments ~ 18 Oct 2019
https://www.scmp.com/week-asia/politics/article/3033441/singapores-lee-hsien-loong-social-media-hero-china-hong-kong
  • Leader of the Lion City has criticised the Hong Kong protesters, saying they are trying to ‘humiliate’ the government rather than solve problems.
  • He also admitted his own country was not immune to the forces of ‘deep social angst’ sweeping various places across the globe.
What do protests in Hong Kong and Barcelona have in common? (video) ~ 18 Oct 2019
https://www.youtube.com/watch?v=qQM2lnloBwU

黄耀明:在香港,对抗一种无法命名的恐惧 ~ 24 Sep 2019
https://www.youtube.com/watch?v=XMr41B-EUBE

赴美國會聽證遊說!何韻詩談革命這一路 ~ 23 Sep 2019
https://www.youtube.com/watch?v=BQKHSinHDAw

Disney’s Mulan faces boycott calls after star Crystal Liu Yifei backs police in Hong Kong, accused of excessive force against protesters ~ 16 Aug 2019
https://www.scmp.com/lifestyle/entertainment/article/3023061/disneys-mulan-faces-boycott-calls-after-star-crystal-liu

何韻詩:我完全被中共封殺了 外媒:當年挺六四的眾港星 反送中今昔何在? ~ 10 Jul 2019
https://www.youtube.com/watch?v=nhdX2ubsYvE

歌手何韻詩在聯合國兩分鐘發言 遭中共兩次打斷 ~ 9 Jul 2019
https://www.youtube.com/watch?v=xqJD5qogU6c

何韻詩在聯合國接受採訪:港人抗議轉移到九龍方向 給大陸傳遞信息 ~ 8 Jul 2019
https://www.youtube.com/watch?v=Lpd8i7T33Hs

Denise Ho - Oslo Freedom Forum : “Under the umbrella : Creative dissent in Hong Kong” ~ 29 May 2019
https://www.youtube.com/watch?v=KXeqW22YaaA

Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #107 on: October 28, 2019, 11:21:44 AM »
Singapore Manpower Minister Josephine Teo on higher unemployment rate: Jobseekers not having the skills ~ 25 Oct 2019
https://www.theonlinecitizen.com/2019/10/25/manpower-minister-josephine-teo-on-higher-unemployment-rate-jobseekers-not-having-the-skills/

Strong Singapore employment growth in Q3 but highest jobless rate in nearly a decade: MOM data ~ 24 Oct 2019
https://www.todayonline.com/singapore/new-spore-labour-data-shows-strong-employment-growth-highest-jobless-rate-nearly-decade

Five states, including some crucial to Trump, just hit all-time low unemployment rates ~ 18 Oct 2019
https://www.cnbc.com/2019/10/18/five-states-just-hit-all-time-low-unemployment-rates.html
The declines come amid a national jobless rate that fell to 3.5%, the lowest since 1969.



US unemployment rate falls to 50-year low of 3.5% ~ 4 Oct 2019
https://www.bbc.com/news/business-49934309
The positive jobs data is unlikely to ease pressure on Federal Reserve chief Jerome Powell to cut interest rates.

Low hurdle seen to maintain sub-4% U.S. unemployment rate ~ 4 Oct 2019
https://www.bnnbloomberg.ca/low-hurdle-seen-to-maintain-sub-4-u-s-unemployment-rate-1.1326515



PMET unemployment in Singapore continues to climb ~ 3 Oct 2019
https://www.theonlinecitizen.com/2019/10/05/latest-mom-data-number-of-pmets-losing-their-jobs-continues-to-climb/
Meanwhile, the number of foreign PMETs employed in Singapore continues to climb.



The Edge Singapore called out by MOM, MOE for inaccurate data on jobless graduates ~ 6 Jul 2019
https://www.todayonline.com/singapore/business-edge-singapore-called-out-mom-moe-inaccurate-data-jobless-graduates

Young Singaporeans face higher unemployment levels compared to older peers: MOM data ~ 28 Jun 2019
https://www.theedgesingapore.com/issues/labour-market/young-singaporeans-face-higher-unemployment-levels-compared-older-peers-mom


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #108 on: November 10, 2019, 07:52:39 AM »
Nestle and Unilever ‘linked to Indonesian forest fires engulfing southeast Asia in noxious haze’ ~ 9 Nov 2019
https://www.independent.co.uk/environment/indonesia-forest-fires-palm-oil-nestle-unilever-pg-desforestation-slash-burn-a9195716.html
All of the companies buy palm oil from specific plantations under investigation for 2019 fires, and from plantations with court actions against them for 2015-2018 fires, the environmental group alleges.

Malaysia turns to Africa after India rebuke on palm oil  ~ 8 Nov 2019
https://www.aa.com.tr/en/africa/malaysia-turns-to-africa-after-india-rebuke-on-palm-oil/1639243
Indian businessmen stopped importing palm oil after Malaysian premier called for solution to Kashmir dispute.

Malaysia identifying new potential markets for palm oil in Africa — minister ~ 8 Nov 2019
https://www.theedgemarkets.com/article/malaysia-identifying-new-potential-markets-palm-oil-africa-%E2%80%94-minister
Ethiopia, in 2018, imported 149,435 tonnes of Malaysian palm oil and palm oil-based products worth RM457.17 million.

Malaysia, India locked in spat over Kashmir ~ 8 Nov 2019
https://www.aa.com.tr/en/asia-pacific/malaysia-india-locked-in-spat-over-kashmir/1639055
Indian businessmen refuse to buy palm oil from Malaysia over its stance on disputed territory. India was angered after Malaysian Prime Minister Mahathir Mohamad said New Delhi had "invaded and occupied" Jammu and Kashmir during his address in New York City at the 74th session of the UN General Assembly on Sept. 27.

Malaysia's Mahathir stands by Kashmir comments despite palm oil boycott by India traders ~ 22 Oct 2019
https://www.reuters.com/article/us-india-malaysia-trade/malaysias-mahathir-stands-by-kashmir-comments-despite-palm-oil-boycott-by-india-traders-idUSKBN1X11BB
India was Malaysia’s third-largest export destination in 2018 for palm oil and palm-based products worth 6.84 billion ringgit ($1.63 billion).

Palm oil exports set to decline as India buys less ~ 12 Sep 2019
https://www.thestar.com.my/business/business-news/2019/09/12/palm-oil-exports-set-to-decline-as-india-buys-less
Malaysia’s biggest palm oil buyer is likely to reduce its purchase over the next few months, a move that is expected to hit local palm oil exporters beginning this month. India, which accounted for nearly 33% of Malaysia’s palm oil exports in August 2019, recently upped the import tax on Malaysia’s refined palm oil from 45% to 50% for a period of six months.

The real problem with palm oil ~ 5 Jul 2019
https://www.youtube.com/watch?v=TNbZMJoMn6Q


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #109 on: November 10, 2019, 03:05:45 PM »
一斤到底有几两?
https://www.youtube.com/watch?v=NhWJ7C6Xyp8

楊欣儒:一斤有多重?
http://www.chinapress.com.my/20170901/%E6%A5%8A%E6%AC%A3%E5%84%92%EF%BC%9A%E4%B8%80%E6%96%A4%E6%9C%89%E5%A4%9A%E9%87%8D%EF%BC%9F/
马来西亚的1斤是600克; 中国的1斤是500克。


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #110 on: November 11, 2019, 11:22:01 AM »
Why Singaporeans don’t back Hong Kong protests ~ 10 Nov 2019
https://www.hongkongfp.com/2019/11/10/singaporeans-dont-back-hong-kong-protests/
With a similar colonial past, territorial size and economic success, Singapore and Hong Kong serve as mutual yardsticks for progress and remain competitors at the forefront of the Asia-Pacific region. In spite of this, sections of the majority Chinese population in Singapore have expressed a general disdain at the ongoing protests in Hong Kong, often taking to social media to voice their objections.



Hong Kong police shoot black-clad protester in stomach ~ 10 Nov 2019
https://www.youtube.com/watch?v=acYz0ZTAtyE



Singapore’s Lee Hsien Loong a social media hero in China for Hong Kong protest comments ~ 18 Oct 2019
https://www.scmp.com/week-asia/politics/article/3033441/singapores-lee-hsien-loong-social-media-hero-china-hong-kong
Leader of the Lion City has criticised the Hong Kong protesters, saying they are trying to ‘humiliate’ the government rather than solve problems.


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #111 on: November 15, 2019, 11:27:51 AM »
Impending GST hike to 9% to be announced in Singapore Budget 2020: DPM Heng ~ 10 Nov 2019
https://www.todayonline.com/singapore/support-package-cushion-impact-gst-hike-be-announced-next-budget-heng



Upcoming Singapore GST hike: Heng Swee Keat says there'll be measures to cushion impact ~ 9 Nov 2019
https://www.youtube.com/watch?v=RA5gYcwRKLc

Highlights of Malaysia National Budget 2020 ~ 24 Oct 2019
https://www.youtube.com/watch?v=ywB6SpqHOIg
Now that there’s talk again about Malaysia National Budget 2020 that has just been tabled at the Dewan Rakyat by Finance Minister Lim Guan Eng.

Malaysia Budget 2020: Putrajaya says no to reintroduction of GST ~ 11 Oct 2019
https://www.malaymail.com/news/malaysia/2019/10/11/budget-2020-putrajaya-says-no-to-reintroduction-of-gst/1799365
The Pakatan Harapan (PH) government does not plan to reintroduce the Goods and Services Tax despite trade tensions weighing on the economy. Finance Minister Lim Guan Eng announced this when tabling Budget 2020 in Parliament’s Lower House today.



Singapore GST reverse charge to take effect on 1 January 2020 ~ 24 Jun 2019
https://www.guidemesingapore.com/in-the-news/2019/gst-reverse-charge-to-take-effect-on-1-january-2020
With effect from 1 January 2020, all purchased services will be subjected to the Goods and Services Tax (GST) in Singapore, regardless of whether they are supplied by local or overseas suppliers.

Malaysia GST will be reduced from 6% to 0% starting 1st June 2018 ~ 16 May 2018
https://www.miricitysharing.com/gst-will-be-reduced-from-6-to-0-starting-1st-june-2018/
The Ministry of Finance Malaysia has just issued an official notice in its official facebook, which states that the GST excise tax rate will be reduced from the original 6% to 0% starting June 1st, 2018! Yes, it’s 0% Goods & Services Tax, which means that we don’t have to use GST anymore in Malaysia!



10 facts about the Singapore GST hike from 7% to 9% you need to know ~ 20 Feb 2018
https://goodyfeed.com/10-facts-about-the-gst-hike-from-7-to-9-you-need-to-know/
The first GST hike occurred in 2003 from 3% to 4%, and again to 5% in 2004. The last revision was made in 2007, with an increase of 2% to 7%.

Singapore to raise GST for first time in decade despite surplus – but taxpayers won’t feel pain for at least 3 years ~ 19 Feb 2018
https://www.scmp.com/week-asia/politics/article/2133860/singapore-raise-gst-first-time-decade-despite-surplus-taxpayers
The decision to raise the GST to 9% would be between 2021 and 2025.



Singapore to raise GST to 9% to support aging society

Two point hike planned between 2021-2025, finance minister says

Kentaro Iwamoto, Nikkei staff writer
February 19, 2018 21:30 JST

SINGAPORE -- The Singaporean government on Monday announced that it would raise its goods and services tax to 9% from the current rate of 7% sometime between 2021 and 2025 to support expanding healthcare spending as the country's population ages.

The tax revision was announced by Finance Minister Heng Swee Keat during a speech on the country's budget plan for fiscal 2018 starting in April.

The hike will likely come after the next general election, which will be held by January 2021.

Speaking in parliament, Heng said, "We have sufficient resources to meet our spending needs until 2020... But in the next decade, between 2021 to 2030, if we do not take measures early, we will not have enough revenues to meet our growing needs."

In the 2018 budget, the government has allocated S$10.23 billion ($7.8 billion) for healthcare, nearly triple expenditure in this area in 2010. Economists had predicted the government would likely announce a rise in the GST soon.

"This GST increase is necessary because even after exploring various options to manage our future expenditures through prudent spending, saving and borrowing for infrastructure, there is still a gap," Heng pointed out. He said the country would build six hospitals and four polyclinics within the next five years.

The proposed GST hike will mark the first rise since 2007, when the rate was raised 2 percentage points from 5%. Singapore's GST rate is relatively low compared to 10% in South Korea and Indonesia, and 8% in Japan. The revenue from a rise of 2 percentage points would be worth 0.7% of the country's gross domestic product, the minister said.



Heng also said the government would impose GST on imported services, such as music downloads and smartphone apps, from January 2020. Currently services purchased from overseas suppliers are not subject to GST.

The imposition of tax on cross-border online shopping has been under consideration as the digital economy expands. According to research by Google and Singapore's Temasek Holdings in 2016, Singapore's e-commerce market will expand to $5.4 billion by 2025, a more than five-fold increase from $1 billion in 2015.

The government will hold further international talks before making a decision on the taxation of imported goods, Heng said.

In addition to healthcare expenditure, the finance minister also said infrastructure needs would expand significantly over the next decade, with Singapore planning big projects like the Singapore-Kuala Lumpur high-speed railway and Changi Airport's fifth terminal. He said the government would secure funds for such projects by saving and borrowing.

In the fiscal 2018 budget, the government expects to have total revenue of S$72.68 billion, 3.3% down from 2017's revised estimate, while expenditure will increase 8.3% to S$80.02 billion.

As a result the government is expected to see a primary deficit of S$7.34 billion.

The budget plan and proposed tax rise will be discussed in parliament before they are enacted.

Singapore Budget 2019: Overall budget surplus of $2.1 billion for Financial Year 2018 ~ 18 Feb 2018
https://www.straitstimes.com/singapore/singapore-budget-2019-overall-budget-surplus-of-21-billion-for-financial-year-2018
An overall budget surplus of $2.1 billion is expected for the 2018 financial year, a $2.7 billion increase from the $600 million deficit that was forecast a year ago.


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #112 on: November 15, 2019, 05:29:09 PM »
習對香港問題表態,美參院起動熱線機制 ~ 14 Nov 2019
https://www.youtube.com/watch?v=RRUzVQjdgZk

《香港人權與民主法案》料感恩節前完成參議院立法程序 ~ 14 Nov 2019
https://www.youtube.com/watch?v=JMjqZJIaLYk

US senators initiate expedited process to pass Hong Kong Bill ~ 14 Nov 2019
https://www.theepochtimes.com/passage-of-hong-kong-bill-could-be-imminent-senators_3146711.html
The hotline process, initiated by Sens. Marco Rubio (R-Fla.) and Jim Risch (R-Idaho), will bypass the regular roll-call voting procedure. The process requires leaders of both parties to come to an agreement. Each senator would then be informed and provided a specified amount of time to object to the bill. If no objection is raised, the bill is considered passed.



中國是怎樣打「反送中」這場資訊戰? ~ 15 Oct 2019
https://matters.news/@fukingwa/%E4%B8%AD%E5%9C%8B%E6%98%AF%E6%80%8E%E6%A8%A3%E6%89%93-%E5%8F%8D%E9%80%81%E4%B8%AD-%E9%80%99%E5%A0%B4%E8%B3%87%E8%A8%8A%E6%88%B0-zdpuAyLdBnbb55EanHvAsG2eZFyEpX9nbJ1cNbeNnNbibZyyD
策略性傳播(strategic communication):現在,我們看一些新聞和信息已經不限於判斷其事實上對錯或真假,而要去瞭解發佈者背後的目的,是否刻意地去發佈,就算受眾不相信及接受訊息,但或已改變對事物的印象,已達到策略性傳播者所要的目的。


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #113 on: November 16, 2019, 01:19:25 PM »
S$211 million in CPF money left unclaimed over the last 6 years; will more CPF members die before spending their hard-earned monies? ~ 15 Nov 2019
https://www.theonlinecitizen.com/2019/11/15/s211-million-in-cpf-money-left-unclaimed-over-the-last-six-years-with-no-nominated-benefactors/
The IPTO (Insolvency and Public Trustee’s Office) received S$63.2 million of unnominated CPF money last year alone, belonging to 3,450 individuals. That’s a lot of money left unclaimed. The question is, why? Lawyers whom The Straits Times spoke to said that the amount of unclaimed CPF monies is likely to rise as the population ages and family sizes shrink.

CPF Board rejects application of 56-year old heart patient to withdraw from his CPF account, saying he is ‘not physically incapacitated’ ~ 15 Nov 2019
https://www.theonlinecitizen.com/2019/11/15/cpf-rejects-application-of-56-year-old-heart-patient-to-withdraw-from-his-cpf-account-saying-he-is-not-physically-incapacitated/
According to the official website of the CPF Board, in order to apply to withdraw some of your CPF savings on medical grounds, they need to certify that you:
  • are physically or mentally incapacitated from ever continuing in any employment; or
  • have a severely impaired life expectancy; or
  • lack capacity within the meaning of Section 4 of the Mental Capacity Act (MCA) and the lack of capacity is likely to be permanent; or
  • are terminally ill.
From 2020, CPF’s Retirement Sum Scheme payout period will be at age 90, instead of at age 95 today ~ 5 Nov 2019
https://www.todayonline.com/singapore/cpfs-retirement-sum-scheme-payout-period-be-capped-age-90-2020-josephine-teo
This means that the initial CPF full lump sum withdrawal at age 55 has now become a monthly payout (for 25 years if you start your monthly withdrawal from age 65).

Totally illogical to suggest CPF payout term of 28 years where there is no one to receive balance payout ~ 28 Jan 2019
https://www.theonlinecitizen.com/2019/01/28/totally-illogical-to-suggest-cpf-payout-term-of-28-years-where-there-is-no-one-to-receive-balance-payout/
Let’s get our facts right:
  • CPF is only a custodian of members’ CPF savings. That means the money belongs to the members.
  • CPF savings is supposed to help members save for their old age. The initial age was 55 years to withdraw full lump sum.
These are facts which no one can challenge. Then why make changes to the CPF Act without asking the members? A referendum is the correct and democratic way to give members a say in accepting the new CPF policies or otherwise. Any CPF policy can not be fixed or approved by the CPF board of directors because they are merely custodians of our monies and they do not represent all Singaporeans.



What happens to my CPF savings when I turn 55? ~ 3 Apr 2019
https://www.youtube.com/watch?v=aOB-bMyN8Rw

How much CPF savings can I withdraw from age 55? ~ 1 Mar 2019
https://www.youtube.com/watch?v=c9R_tminMBY

MSF rejects social assistance application from 59-year-old senior due to having CPF payout ~ 13 Jun 2018
https://www.theonlinecitizen.com/2018/06/13/msf-rejects-social-assistance-application-from-59-year-old-senior-due-to-having-cpf-payout/


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #114 on: November 16, 2019, 08:49:19 PM »
百餘香港學生寫700封信 細述三罷堵路原因 ~ 16 Nov 2019
https://www.ntdtv.com/b5/2019/11/16/a102708457.html



China broke its promises to Hong Kong. That’s why the protest movement is back with a vengeance ~ 4 Sep 2019
https://www.scmp.com/comment/opinion/article/3025385/china-broke-its-promises-hong-kong-thats-why-protest-movement-back
Beijing has not really let Hong Kong people rule Hong Kong, contrary to the principle underpinning the Basic Law. When dissent is suppressed without resolving the underlying issue, protest just emerges in another form. There is a reason why “one country, two systems” and “Hong Kong people ruling Hong Kong” are twin pillars of the Basic Law: they are mutually dependent. One principle cannot work without the other.


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #115 on: December 02, 2019, 10:10:51 AM »
本来Sime Darby Bhd只是一张图就ok,现在却需要多画两张图。(Need to pay brokerage fees for 3 instead of 1 stock) :thumbsdown:

3只股的价钱加起来,整体来看Sime Darby Bhd还是处于「长期高价位盘整」。

As at 1 Mar 2019, share prices for SIMEPLT (5285) RM5.11 + SIMEPROP (5288) RM1.00 + (SIME 4197) RM2.18 = RM8.29


Sime Darby Bhd's demerger
Sime Darby Bhd's demerger exercise was completed in November 2017, whereby Sime Darby Plantation Bhd (SIMEPLT 5285) and Sime Darby Property Bhd (SIMEPROP 5288) were deconsolidated from Sime Darby Bhd (SIME 4197).

苏小妹:

When you find that stock investment using fundamental and technical analysis didn't work, there is another analysis called the big-picture analysis (大局观分析). Fraser and Neave 和 Sime Darby Bhd 的分拆布局 (demerger) 非常相似。


Thai Beverage considers potential $3 billion beer IPO: sources ~ 29 Nov 2019
https://www.reuters.com/article/us-thai-beverage-ipo/thai-beverage-plans-singapore-ipo-of-up-to-3-billion-source-idUSKBN1Y30HV

Frasers Logistics, Frasers Commercial Trust said to be planning to merge ~ 28 Nov 2019
https://www.theedgesingapore.com/news/ma/frasers-logistics-frasers-commercial-trust-said-be-planning-merge
Frasers Property, backed by Thailand’s TCC Assets, is the main sponsor for both REITs.

Frasers Property closed @ S$1.72 on 29 Nov 2019.



Fraser and Neave closed @ S$1.72 on 29 Nov 2019.
Fraser and Neave run-up strongly from @ S$1.85 on 2nd Mar 2009 and peaked @ S$9.75 on 1st Jan 2013 (Chart with no dividends adjustment and others.) For the past 7 years, the stock went all-the-way down and broke its long-term horizontal support @ S$1.85 scored on 2nd Mar 2009 and closed @ at S$1.72 on 29 Nov 2019.



人生若只如初見
https://www.youtube.com/watch?v=UgKbhUAhp7I

所有上市公司掌舵人在股票市场玩数字游戏最先考虑的重点是:他們自己本身的利益。

Frasers Logistics, Frasers Commercial Trust said to be planning to merge ~ 28 Nov 2019
https://www.theedgesingapore.com/news/ma/frasers-logistics-frasers-commercial-trust-said-be-planning-merge
Frasers Property, backed by Thailand’s TCC Assets, is the main sponsor for both REITs.

F&N reports 24.5% rise in full-year earnings to $153 mil on broad-based growth ~ 14 Nov 2019
https://www.theedgesingapore.com/capital/results/fn-reports-245-rise-full-year-earnings-153-mil-broad-based-growth

ThaiBev restructures to power Asean beer push ~ 3 Oct 2018
https://www.nationthailand.com/Corporate/30355737
Fraser and Neave (F&N), a food, beverage and publishing conglomerate in Singapore in which Thai Beverage Public Company (ThaiBev) holds a majority stake, has gained approval from Myanmar's investment commission to return to the country's beer market.

Thai whiskey tycoon Charoen takes over Fraser and Neave ~ 3 Feb 2013
https://www.bbc.com/news/business-21289363
In 2005, when Charoen brought all his various alcoholic drinks businesses under a single name, ThaiBev, and announced he would float it on the Bangkok Stock Exchange. One ascetic Buddhist sect organised protests against the ThaiBev stock listing, some outside Mr Charoen's home in Bangkok, which escalated to the point where he was forced to shift the listing to Singapore. A second attempt to list in Bangkok in 2008 also failed.

Thai Tycoon wins control of Singapore's Fraser and Neave ~ 30 Jan 2013
https://www.cnbc.com/id/100421583
Charoen is likely to tap Fraser and Neave's network in Singapore and Malaysia to distribute Chang Beer, brewed by Thai Beverage, as well as spirits, energy drinks and instant coffee. In Thailand, where he already has an edge, Charoen may in turn market Fraser and Neave's brands. Fraser and Neave's board of directors said on Tuesday (29 Jan 2013) they will step down to make way for Charoen to have a greater say in the Singapore company's future.

After divesting its stakes in Asia Pacific Brewery, Fraser and Neave returned capital of $3.70 per share to shareholders. Following which, in the same year, the group spun off its property arm Frasers Centrepoint Limited (FCL) [renamed as Frasers Property w.e.f. 1 Feb 2018] and shareholders got a dividend in specie distribution of two FCL shares for every Fraser and Neave share they own. Each share of FCL had a book value of $2.04 then. After adjusting the stock for the capital reduction and dividend in specie exercise, the theoretical residual value for the Fraser and Neave stock should have been about $1.82. However, ever since Fraser and Neave returned to focus on the beverages and dairies operations in 2014, its stock performance has been lacklustre. (When Fraser and Neave was listed on the STI in 2008, the company own Asia Pacific Breweries, Times Publishing and Frasers Centrepoint Limited making it more of a conglomerate than a mere beverage company. In 2012 when Fraser and Neave sold its entire stake in Asia Pacific Breweries for about $6.3 billion to Heineken. It de-merged its property business by listing Frasers Centrepoint Limited (FCL) on the SGX separately. Fraser and Neave was removed from the STI in 2013.)

Fraser and Neave closed @ S$1.72 on 29 Nov 2019.
Fraser and Neave run-up strongly from @ S$1.85 on 2nd Mar 2009 and peaked @ S$9.75 on 1st Jan 2013 (Chart with no dividends adjustment and others.) For the past 7 years, the stock went all-the-way down and broke its long-term horizontal support @ S$1.85 scored on 2nd Mar 2009 and closed @ at S$1.72 on 29 Nov 2019.


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #116 on: December 02, 2019, 02:20:04 PM »
一場遊戲一場夢 One Game, One Dream
https://www.youtube.com/watch?v=B2S1EngkjQk

以技术分析的角度对比 Boustead 和 Fraser and Neave 的图形 (long-term yearly chart),就一目了然的看到这两只股票的高峰已过。

Boustead closed @ RM0.965 on 29 Nov 2019.



Fraser and Neave closed @ S$1.72 on 29 Nov 2019.
Fraser and Neave run-up strongly from @ S$1.85 on 2nd Mar 2009 and peaked @ S$9.75 on 1st Jan 2013 (Chart with no dividends adjustment and others.) For the past 7 years, the stock went all-the-way down and broke its long-term horizontal support @ S$1.85 scored on 2nd Mar 2009 and closed @ S$1.72 on 29 Nov 2019.


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #117 on: December 08, 2019, 02:11:17 PM »
Sembcorp posts 13% drop in 3Q earnings to $71m, dragged by poor-performing Sembmarine ~ 14 Nov 2019
https://www.theedgesingapore.com/capital/results/sembcorp-posts-13-drop-3q-earnings-71-mil-dragged-poor-performing-sembmarine
Sembcorp’s 3Q19 earnings tumbled 13% y-o-y to $71m. Its 9M19 revenue dropped 20% y-o-y to $7.3b, while earnings fell 9% y-o-y to $262m.

Sembcorp Marine Q3 loss widens to $52.6m ~ 13 Nov 2019
https://www.straitstimes.com/business/companies-markets/sembcorp-marine-q3-loss-widens-to-526m
Sembcorp Marine saw its net loss widen to $52.6m for its third quarter ended Sept 30, from a $29.8m net loss a year ago.

RHB reiterated BUY on CAO, TP S$1.55, up from S$1.50 ~ 4 Nov 2019
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/0faa1004bf4e0abe889203ea37f4e77a7cc6ff22.pdf
CAO profit up 26% for Q3 on lower expenses. EPS stood at 2.77 US cents, up from 2.20 US cents a year ago. No dividend was declared for the quarter, unchanged from a year ago. Revenue for Q3 fell 12.2% to US$5.56 billion, from US$6.33 billion a year ago, mainly from lower oil prices.

Temasek bids to take control of Keppel sparking Sembcorp merger rumours ~ 22 Oct 2019
https://splash247.com/temasek-bids-to-take-control-of-keppel-sparking-sembcorp-merger-rumours/
The acquisition deal could potentially promote a merger between Keppel’s offshore marine unit and its rival Sembcorp Marine as Temasek is already a major shareholder of Sembcorp Marine. The share price of Sembcorp Marine surged by over 11% while shares of its parent Sembcorp Industries increased by about 9.6% on Monday (21 Oct 2019) following Temasek’s announcement of the offer, prompting a query from the Singapore Stock Exchange on the stock’s unusual price movement.

Temasek's pre-conditional partial offer announcement ~ 21 Oct 2019
https://links.sgx.com/FileOpen/Pre-Conditional%20Partial%20Offer%20Announcement%2021%20October%202019.ashx?App=Announcement&FileID=582384
Temasek is offering to buy control of Singapore conglomerate Keppel Corp in a S$4.1 billion (US$3 billion) deal. The state investor already directly owns over 20% of Keppel. Temasek will make a partial offer to acquire an additional 30.55% of Shares in Keppel. If successful, the Partial Offer will result in Temasek owning an aggregate 51% of Keppel.

KepCorp Q3 net profit falls 30% to S$159 million ~ 18 Oct 2019
https://www.theedgesingapore.com/capital/brokers-calls/analysts-maintain-buy-calls-keppel-corp-despite-dismal-3q19
KepCorp had reported a fall in net profits in Q2 as well. Net profit was down at $153.4 million for the three months to June 30, which was 38% down from $249.1 million posted in the corresponding quarter a year ago.

KepCorp ~ Trading in a downward sloping channel

KepCorp closed with a white marubozu @ S$6.77 (+0.07, +1%) with 5.63m shares done on 6 Dec 2019.

Immediate support @ S$6.67, immediate resistance @ S$6.82.



Sembcorp ~ Trading in a downward sloping channel

Sembcorp closed with a white marubozu @ S$2.20 (+0.04, +1.8%) with 5.40m shares done on 6 Dec 2019.

Immediate support @ S$2.13, immediate resistance @ S$2.25.



SembCorp Marine ~ Trading in a downward sloping channel

SembCorp Marine closed with a hammer @ S$1.28 (+0.03, +2.4%) with 3.28m shares done on 6 Dec 2019.

Immediate support @ S$1.23, immediate, resistance @ S$1.32.



CAO ~ Bearish Symmetrical Triangle formation, critical support @ S$1.16

CAO closed with a hammer @ S$1.22 (-0.02, -1.7%) with 490,000 shares done on 4 Dec 2019.

Immediate support @ S$1.19, immediate resistance @ S$1.24.



Performance chart ~ KepCorp, SembCorp Ind, SembCorp Marine and CAO as at 6 Dec 2019


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #118 on: December 10, 2019, 06:02:52 PM »
Sometimes when a major shareholder kept buying back his own company's shares; it might not be a positive sign.

SSH David Loh (Non-Executive Director) increased his stake in Centurion by 1m shares @ S$0.44 per share on 3 Dec 2019 ~ 4 Dec 2019
https://centurion.listedcompany.com/newsroom/20191204_171717_OU8_24MF1ZBE0OM1CHC4.1.pdf
(Up from 56.911% to 57.03% or 478,493,076 to 479,493,076 shares).

‘Copper House’ loses some of its lustre ~ 24 May 2019
https://dkc9trqgco1sw.cloudfront.net/s3fs-public/pullout/The%20Week%20of%20May%2027,%202019.pdf
  • One of the most visible houses on Sentosa Cove, dubbed “Copper House”, changed hands last month for S$32m ($1,773 psf), according to a caveat lodged on April 16. The price is $16m or 33% below the original asking price of $48m when the property debuted on the market in mid-2016.
  • The owner had wanted to sell the house for $48m initially, but following the latest property cooling measures last July, he realised that the ABSD [additional buyer’s stamp duty] is now much higher, especially for foreign buyers. It has risen to 20%, bringing total stamp duty to 24%. As such, he decided to lower his asking price.”
  • The owner of the Copper House is Singaporean magnate David Loh, a former stockbroker and prolific investor who is also a non-executive director of Centurion Corp.


Centurion ~ Trading in an intermediate upward sloping channel, critical support @ S$0.38

Centurion closed with a hanging man @ S$0.44 (-0.005, -1.1%) with 330,000 shares done on 6 Dec 2019.

Immediate support @ S$0.435, immediate resistance @ S$0.45.



Centurion (weekly) ~ Bearish Descending Triangle Formation, neckline @ S$0.38


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #119 on: December 11, 2019, 09:39:40 AM »
Sometimes when a major shareholder kept buying back his own company's shares; it might not be a positive sign.

Parkson Holdings initiated its share buyback program since Apr 2008 (first share buyback done bet. RM6.20 to RM6.70) and had kept buying back its own shares all the way down, until the last purchase done @ RM0.63 recorded as at 31 Jan 2017.

Stock buybacks are a scam (股票回购的陷阱)
http://www.hyperinflation.net/essays/englund52.html

股票回购
https://baike.baidu.com/item/%E8%82%A1%E7%A5%A8%E5%9B%9E%E8%B4%AD
股票回购是指上市公司利用现金等方式,从股票市场上购回本公司发行在外的一定数额的股票的行为。公司在股票回购完成后可以将所回购的股票注销。但在绝大多数情况下,公司将回购的股票作为“库藏股”保留,不再属于发行在外的股票,且不参与每股收益的计算和分配。库藏股日后可移作他用,如发行可转换债券、雇员福利计划等,或在需要资金时将其出售。

Parkson Holdings closed @ RM0.22 on 10 Dec 2019.



Parkson’s loss-making Parkson Retail Asia placed on SGX watchlist ~ 4 Dec 2019
https://www.edgeprop.my/content/1618760/parkson%E2%80%99s-loss-making-parkson-retail-asia-placed-sgx-watchlist
Parkson’s shares slid half a sen lower or 2.17% to 22.5 sen yesterday (3 Dec 2019), valuing it at RM246.12m. PRA, meanwhile, fell 11.11% to S$0.008, valuing it at S$5.39m.

Kenanga downgraded Parkson to "MARKET PERFORM", TP RM0.27 ~ 28 Nov 2019
https://kenanga.com.my/wp-content/uploads/2019/12/PARKSON-191128-1Q20-RN.pdf

Parkson Holdings assures of ability to support Singapore unit ~ 20 Oct 2019
https://www.theedgemarkets.com/article/parkson-holdings-assures-ability-support-singapore-unit
  • Parkson Holdings is confident that it can financially support its 67.96%-owned, Singapore-listed subsidiary Parkson Retail Asia Ltd (PRA) whose performance has been dragged down by its Indonesian and Vietnamese stores.
  • PRA told the SGX that its auditors, Ernst & Young LLP Singapore, included an emphasis of matter (EOM) paragraph in its audit report for the group for the financial year ended June 30, 2019 (FY2019).
  • In the EOM, the auditors highlighted the existence of a material uncertainty that may cast significant doubt on the group’s ability to continue as a going concern. The auditors stated that PRA had incurred a net loss of S$34.61m (RM105.35m) in FY2019 and as at that date, the group’s current liabilities exceeded its current assets by S$61.34m.
  • The report added that the ability of PRA to continue as a going concern was dependent on it generating sufficient cash flows from its operations and the continued financial support from the ultimate holding company, Parkson Holdings.

Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #120 on: December 15, 2019, 03:09:09 PM »
Zuolun bro,

Can always buy high and sell high

Like F&N, I buy at sky high 8.82
And waited until it split to frasers property limited to sell at 1.69 and F&N at 3.07 although it is now at $2, I am happy with small profits

F&N run-up strongly from 2009 to 2013 you didn't buy its shares all those years and at the last leg of the longterm uptrend, you jumped in to buy at sky high and held the shares tightly until you made a small profit.

This is called 阿Q精神。

非常诡异。odie 最想买的股票很多都是属于「吹水」股票。十年如一日,从来没有改变过。
(I've known odie via another forum and the most unforgettable thing was the F&N's Heineken-APB M&A deal in Aug 2012.)

F&N building $80m smart, sustainable facility in Tuas that will also boost its R&D capability ~ 4 Dec 2019
https://www.straitstimes.com/business/companies-markets/fn-to-build-80m-smart-sustainable-facility-in-tuas-that-will-also-boost

Fraser and Neave reports 24.5% rise in full-year earnings to $153 mil on broad-based growth ~ 14 Nov 2019
https://www.theedgesingapore.com/capital/results/fn-reports-245-rise-full-year-earnings-153-mil-broad-based-growth

F&N ~ Trading in a downward sloping channel

F&N closed with a spinning top @ S$1.70 (-0.01, -0.6%) with 230,000 shares done on 13 Dec 2019.

Immediate support @ S$1.68, immediate resistance @ S$1.74.



F&N (weekly) ~ Bearish Descending Triangle Breakout, neckline @ S$2.05 ~ 13 Dec 2019


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #121 on: December 17, 2019, 04:00:19 PM »
"Centurion has a high gearing of 64%, bond investors would be better off than stock investor as its 85 million 2020 Singdollar bonds issued on 12 Apr 2017 pay 5.25% interest." ~ 13 Nov 2017

债券投资者与股票投资者的分别:

在2017年11月10日,odie很想以S$0.525买Centurion股票,可是却没买到。

在2019年12月8日,当odie读了著名博客 AK71在2019年11月17日推荐买入Centurion之后,就心痒痒很想买Centurion,因为股价在两年之内掉了两成,便宜了很多(S$0.525 - S$0.42 = S$0.105)。
(AK71还强调自己特别喜欢Centurion,所以今年加码,以较低的价格又买了这只股票很多次。)

债券投资者如果在2017年4月12日买了S$250,000 Centurion 的债券(利率是5.25%);到了2019年4月12日,当Centurion以100%赎回所发出的旧$85m债券后,又再发出新的S$85m债券,旧的债券投资者可以选择用回之前拿回的本金,买同样数量但利率更高的Centurion债券。(利率调高两次 = 7.75% on April 12, 2019 和 8.0% on Feb 1, 2021)

结论:Centurion 以更高利率的新债还较低利率的旧债来经营;所以 Bond investors are far better off than stock investors.(old interest was @ 5.25%, new interest @ 7.75% on April 12, 2019,  step up to 8.0% by Feb 1, 2021.)

Domestic bonds: Centurion Corporation, 5.25% 12apr2020, SGD (003) (SG7AG2000008, AN1278505)
http://cbonds.com/emissions/issue/320329



It was your Centurion, not mine.

I will never buy Centurion at current price because from a TA perspective, it's at the last leg of the impulsive Wave-5.

Coupled with the 74,791,734 outstanding company warrants with an exercise price of S$0.50 per share issued on 27 Oct 2013 had already expired on 27 Oct 2017, i.e. the immediate support @ S$0.50 is shaky.

Centurion has a high gearing of 64%, bond investors would be better off than stock investor as its 85 million 2020 Singdollar bonds issued on 12 Apr 2017 pay 5.25% interest.

Gearing Ratio
https://www.investopedia.com/terms/g/gearingratio.asp


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #122 on: December 20, 2019, 11:16:50 AM »
Two monkeys were paid unequally: Excerpt from Frans de Waal's TED Talk
https://www.youtube.com/watch?v=meiU6TxysCg



Unemployed Singaporean chanced upon a bridging program in NTU meant for foreigners from China ~ 17 Dec 2019
http://www.transitioning.org/2019/12/17/unemployed-singaporean-chanced-upon-a-bridging-program-in-ntu-meant-for-foreigners-from-china/
From the main website: NTU runs an academic Bridging Course that has been crafted for a select group of pre-matriculated international students. The curriculum for this intensive Bridging Course has been specially designed and taught by a team of dedicated NTU Professors.

Bridging@NTU is not open for public application.
  • This is a scholarship program for students picked from China.
  • Every year, there is a new batch of about 100-120 scholars.
  • The students stay at a hostel in NTU, where mentors who are local postgrad NTU students monitor them regularly.
  • From their timetable: It looks like they undergo science subjects. I had asked the interviewer about this; she had mentioned that this was to allow them to familiarize themselves with the scientific terms and concepts in English.
  • After they finish the Bridging Program which is about a year, they would go on to the study the degree.
  • Their welfare is under the Care and Guidance Team at NTU.
  • All their expenses for the Bridging Program, up to their completion of the degree was covered by NTU. The interviewer justified the program by saying that after they graduate, they would pay it forward in Singapore.
Commentary: Time to relook racial quotas in Malaysia’s pre-university matriculation programme ~ 1 Jul 2019
https://www.channelnewsasia.com/news/commentary/racial-quota-pre-university-malaysia-education-matriculation-11670012
In a media interview in early May this year, Prime Minister Mahathir Mohamad was quoted as saying: “We decided to have matriculation classes because we found Malays did not take Higher School Certificate and cannot enter university. So we provided a back door for them. It was entirely meant as a back door for the Malays.”

Brickbats as Malaysia retains ethnic admission quotas for pre-university programme ~ 15 May 2019
https://www.straitstimes.com/asia/se-asia/brickbats-as-malaysia-retains-ethnic-admission-quotas-on-pre-university-programme
Education Minister Maszlee Malik announced on April 24 that places in the programme, commonly referred to as matriculation, will be increased from 25,000 currently to 40,000. This means that non-bumiputera will vie for 4,000 spots, up from the 2,500 currently, under admission quotas that reserve 90% of places for the dominant bumiputera community, largely comprising Malays. However, bumiputeras will also take up more places, from 22,500 currently to 36,000.


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #123 on: December 24, 2019, 10:58:49 AM »
Turn yourself into a better investor by learning from hedge-fund star Jim Simons’s successes and failures ~ 11 Nov 2019
https://www.marketwatch.com/story/turn-yourself-into-a-better-investor-by-learning-from-hedge-fund-star-jim-simonss-successes-and-failures-2019-11-07

What the legacy of Jim Simons can teach investors about markets ~ 5 Nov 2019
https://www.youtube.com/watch?v=DngZUtQ_sWY

如何用數學破解股票市場?公開1年內賺120億的方法 ~ 5 Nov 2019
https://www.youtube.com/watch?v=FhNH6O-jnOU


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #124 on: December 31, 2019, 12:00:08 PM »
养老爆雷!头牌五毛花千芳遭“社会主义铁拳”牵出大问题 ~ 20 Dec 2019
https://www.youtube.com/watch?v=OAeJL_aAgqE

中共高級五毛花千芳抱怨母親養老證被收繳 ~ 19 Dec 2019
https://www.youtube.com/watch?v=01BSg2Gcp0M



養老機構也會爆雷?當養老變成「坑老」! ~ 29 Nov 2019
https://www.youtube.com/watch?v=FJFrdrTO0JM

2019年农村养老政策作了4大调整,3类农民拿不到养老金,家里有老人的注意了! ~ 9 Jan 2019
https://www.tuliu.com/read-94231.html



6 policy changes implemented in Singapore by Jan 2020 that will affect you financially ~ 31 Dec 2019
https://www.asiaone.com/money/6-policy-changes-implemented-singapore-jan-2020-will-affect-you-financially
In Nov 2019, Minister for Manpower Josephine Teo announced in Parliament that changes will be made to the Retirement Sum Scheme to reduce the payout duration to last till the member is aged 90, down from the current age of 95.

From 2020, CPF’s Retirement Sum Scheme payout period will be capped at age 90, instead of at age 95 today ~ 5 Nov 2019
https://www.todayonline.com/singapore/cpfs-retirement-sum-scheme-payout-period-be-capped-age-90-2020-josephine-teo
This means that the initial CPF full lump sum withdrawal at age 55 has now become a monthly payout (for 25 years if you start your monthly withdrawal from age 65).

Totally illogical to suggest CPF payout term of 28 years where there is no one to receive balance payout ~ 28 Jan 2019
https://www.theonlinecitizen.com/2019/01/28/totally-illogical-to-suggest-cpf-payout-term-of-28-years-where-there-is-no-one-to-receive-balance-payout/
Let’s get our facts right:
  • CPF is only a custodian of members’ CPF savings. That means the money belongs to the members.
  • CPF savings is supposed to help members save for their old age. The initial age was 55 years to withdraw full lump sum.
These are facts which no one can challenge. Then why make changes to the CPF Act without asking the members? A referendum is the correct and democratic way to give members a say in accepting the new CPF policies or otherwise. Any CPF policy can not be fixed or approved by the CPF board of directors because they are merely custodians of our monies and they do not represent all Singaporeans.


Online Bealmeena

  • Civilian
  • *
  • Posts: 39
Re: The other side of the coin
« Reply #125 on: December 31, 2019, 07:49:35 PM »
A couple of months ago I read an article about this man and I liked that it openly told not only about his successes, but also about hard times when he did not work out. In fact, such stories are incredibly inspiring, because you understand that each of us is an ordinary person and anything can happen, so first of all you have to approach everything with knowledge and not to get depressed if something went wrong. And if you analyze the biography of any businessman, you can find the same facts when only willpower and patience led these people to what we admire today.

Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #126 on: January 01, 2020, 05:50:40 PM »
A couple of months ago I read an article about this man and I liked that it openly told not only about his successes, but also about hard times when he did not work out. In fact, such stories are incredibly inspiring, because you understand that each of us is an ordinary person and anything can happen, so first of all you have to approach everything with knowledge and not to get depressed if something went wrong. And if you analyze the biography of any businessman, you can find the same facts when only willpower and patience led these people to what we admire today.

Do you think an overhaul is needed in the Singapore civil service in how we select our leaders (government scholarship)? ~ 24 Dec 2019
https://www.quora.com/Do-you-think-an-overhaul-is-needed-in-the-Singapore-civil-service-in-how-we-select-our-leaders-government-scholarship/

Heng Swee Keat’s awkward start to succession ~ 19 Dec 2019
https://www.eastasiaforum.org/2019/12/19/heng-swee-keats-awkward-start-to-succession/



Unemployed Singaporean chanced upon a bridging program in NTU meant for foreigners from China ~ 17 Dec 2019
http://www.transitioning.org/2019/12/17/unemployed-singaporean-chanced-upon-a-bridging-program-in-ntu-meant-for-foreigners-from-china/
From the main website: NTU runs an academic Bridging Course that has been crafted for a select group of pre-matriculated international students. The curriculum for this intensive Bridging Course has been specially designed and taught by a team of dedicated NTU Professors.

Bridging@NTU is not open for public application.
  • This is a scholarship program for students picked from China.
  • Every year, there is a new batch of about 100-120 scholars.
  • The students stay at a hostel in NTU, where mentors who are local postgrad NTU students monitor them regularly.
  • From their timetable: It looks like they undergo science subjects. I had asked the interviewer about this; she had mentioned that this was to allow them to familiarize themselves with the scientific terms and concepts in English.
  • After they finish the Bridging Program which is about a year, they would go on to the study the degree.
  • Their welfare is under the Care and Guidance Team at NTU.
  • All their expenses for the Bridging Program, up to their completion of the degree was covered by NTU. The interviewer justified the program by saying that after they graduate, they would pay it forward in Singapore.
Commentary: Time to relook racial quotas in Malaysia’s pre-university matriculation programme ~ 1 Jul 2019
https://www.channelnewsasia.com/news/commentary/racial-quota-pre-university-malaysia-education-matriculation-11670012
In a media interview in early May this year, Prime Minister Mahathir Mohamad was quoted as saying: “We decided to have matriculation classes because we found Malays did not take Higher School Certificate and cannot enter university. So we provided a back door for them. It was entirely meant as a back door for the Malays.”

Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #127 on: January 03, 2020, 12:36:14 PM »
Looking ahead to the 2020s: The challenges for retail in a new decade ~ 2 Jan 2020
https://www.forbes.com/sites/walterloeb/2020/01/02/looking-ahead--the-challenges-for-retail-in-a-new-decade/

2019 broke the record for store closings. What about 2020? ~ 1 Jan 2020
https://moneywise.com/a/2019-broke-record-for-store-closings
More than 9,300 retail locations went dark in 2019. What's next?



Strength of US consumer shows in healthy retail sales ~ 26 Dec 2020
https://www.ft.com/content/9a9944f8-2776-11ea-9a4f-963f0ec7e134
Figures show revenue rise of 3.4% for key holiday shopping season even as footfall declines.



美节日季零售额达到近8800亿美元 实体零售仅增1.2% ~ 26 Dec 2020
https://finance.sina.cn/usstock/mggd/2019-12-26/detail-iihnzhfz8441926.d.html
在线购物激增提振了美国节日购物季的零售销售,但实体商店和购物中心的增长放缓表明该行业在新的一年面临严峻挑战。


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #128 on: January 03, 2020, 01:48:16 PM »
S'pore’s emerging rich put their savings in bank accounts, but the ultra-rich put it in Reits ~ 23 Dec 2019
https://www.msn.com/en-sg/news/singapore/singapore-s-emerging-rich-put-their-savings-in-bank-accounts-but-the-ultra-rich-put-it-in-reits-report



8 retail brands in S'pore that didn't survive 2019 - What went wrong? ~ 16 Dec 2019
https://vulcanpost.com/684051/singapore-retail-closure-2019/



Unlike in Singapore, Hong Kong developers loath to spin off properties into Reits ~ 2 Dec 2019
https://www.straitstimes.com/business/companies-markets/unlike-in-singapore-hong-kong-developers-reluctant-to-spin-off-properties
  • Income taxes are the primary obstacle to the expansion of Hong Kong's Reit market. At the moment, Hong Kong property trusts are taxed like corporations at 16.5%. Singapore, by contrast, grants a tax exemption to Reits holding both domestic and foreign properties as long as they pay out 90% of their income in dividends.
  • That discrepancy has helped Singapore to maintain its lead over Hong Kong as a centre for Reits. Singapore, which issued its first property trust in 2002, has 43 now with total assets of US$112 billion (S$153 billion). Hong Kong's first listing was Link Reit in 2015. Nine more have followed since, bringing total assets to US$67 billion. No new Reits have been issued in Hong Kong since 2013; by contrast, Singapore has seen 11 listings in the past five years.
  • Share performance has also been superior in the South-east Asian city-state. The S&P Singapore Reit index has returned 25% this year, compared with less than 4% for its Hong Kong equivalent. The valuation gap is stark: Singapore Reits trade at about 1.1 times book, versus 0.6 times for Hong Kong.


Get rich or die trying: Here are 5 business ideas that just won't work in S'pore ~ 26 Nov 2019
https://vulcanpost.com/681497/business-ideas-wont-work-singapore/



房地产白银时代 REITs 是否会成为掘金之地? ~ 13 Oct 2019
http://stock.jrj.com.cn/2019/10/13074228238250.shtml

Singapore REITs seen as too expensive after 18% surge this year – 10 Jul 2019
https://www.straitstimes.com/business/companies-markets/singapore-reits-seen-as-too-expensive-after-18-surge-this-year



Highly-Leveraged S-REITs:
  • S-REITs have a gearing ratio of 45%, as mandated by the Monetary Authority of Singapore.
  • The gearing ratio is calculated by taking a REIT’s total borrowings and dividing it by its total assets.
  • If the 45% cap is hit, the REIT will have to raise funds through a rights issue or private placement to pare down debt and bring its gearing ratio down to a more palatable level.
S-REITs ~ “高处不胜寒”。


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #129 on: January 03, 2020, 03:47:46 PM »
S$211 million in CPF money left unclaimed over the last 6 years; will more CPF members die before spending their hard-earned monies? ~ 15 Nov 2019
https://www.theonlinecitizen.com/2019/11/15/s211-million-in-cpf-money-left-unclaimed-over-the-last-six-years-with-no-nominated-benefactors/
The IPTO (Insolvency and Public Trustee’s Office) received S$63.2 million of unnominated CPF money last year alone, belonging to 3,450 individuals. That’s a lot of money left unclaimed. The question is, why? Lawyers whom The Straits Times spoke to said that the amount of unclaimed CPF monies is likely to rise as the population ages and family sizes shrink.

Totally illogical to suggest CPF payout term of 28 years where there is no one to receive balance payout ~ 28 Jan 2019
https://www.theonlinecitizen.com/2019/01/28/totally-illogical-to-suggest-cpf-payout-term-of-28-years-where-there-is-no-one-to-receive-balance-payout/
Let’s get our facts right:
  • CPF is only a custodian of members’ CPF savings. That means the money belongs to the members.
  • CPF savings is supposed to help members save for their old age. The initial age was 55 years to withdraw full lump sum.
These are facts which no one can challenge. Then why make changes to the CPF Act without asking the members? A referendum is the correct and democratic way to give members a say in accepting the new CPF policies or otherwise. Any CPF policy can not be fixed or approved by the CPF board of directors because they are merely custodians of our monies and they do not represent all Singaporeans.

Online users slam government agency’s justification for disclosing personal details of CPF member ~ 31 Dec 2019
https://www.theonlinecitizen.com/2019/12/31/online-users-slam-government-agencys-justification-for-disclosing-personal-details-of-cpf-member/
On 27 December (Friday), the Smart Nation and Digital Government Office (SNDGO) under the Prime Minister’s Office, released a statement saying that it disclosed the personal details of a sick and depressed woman who attempted suicide multiple times to obtain her Central Provident Fund (CPF) savings for her family because it wanted to provide the public with correct and relevant facts in the case.

老人钱哪去了?大陆养老机构各式承诺频爆雷 ~ 30 Dec 2019
http://www.epochtimes.com/gb/19/12/30/n11756198.htm
大陆媒体12月30日报导,有业内人士说,今年取消了养老机构行政许可,只需备案,监管不够,随后一些养老机构开始以各种“套路”吸收老人资金。比如一家养老机构,成立第一年做出承诺,入住老人缴纳几万甚至几十万元(人民币,下同)的入住预定金,每年可得到7%至10%的利息回报,还有房费折扣、赠送礼品、旅游等。但是第二年,养老机构和办公楼人去楼空,数千名老人受害。



What happens to unclaimed CPF savings after Singaporeans pass on? ~ 23 Dec 2019
https://www.asiaone.com/money/what-happens-unclaimed-cpf-savings-after-singaporeans-pass
If there is no CPF Nomination made, and in accordance with Rule 9 of Singapore's Intestate Succession Act, the government would be legally entitled to the entire estate if there are no surviving family members.


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #130 on: January 06, 2020, 11:51:47 AM »
Some SE Asian nations dither on joining India-based solar alliance ~ 6 Jan 2020
https://www.livemint.com/politics/policy/some-se-asian-nations-dither-on-joining-india-based-solar-alliance-11578274966313.html
Some of these nations are linking joining International Solar Alliance with Delhi’s reluctance to join RCEP.

CECA-based influx of Indians in Singapore piques locals ~ 14 Dec 2019
https://www.freepressjournal.in/analysis/ceca-based-influx-of-indians-in-singapore-piques-locals
One such incident which was widely reported on social media refers to an India-born naturalised Singaporean called Ramesh Erramalli whose wife is a born Singaporean. Mr Erramalli was reportedly caught on closed circuit TV yelling vulgarities at a security guard outside his apartment building, telling the hapless worker he had paid the Singapore dollar equivalent of US$1.1 million for his flat and should not have to fork out more money for guest parking. “I’m not staying in HDB, you know” he added, referring to the subsidised Housing Development Board flats in which perhaps 70% of Singaporeans live. That remark embodied the supposed snobbery of well-heeled expatriate Indians. An added outrage may have been the fact that while Mr Erramalli is Indian, the security guard was Chinese and, therefore, in a sense more of a native. No wonder the video of the exchange soon went viral. Mr Erramalli was told to “go home” and not bring his country’s caste system to the city-state.



Why did India suddenly pull out of the world’s largest trade deal? ~ 9 Dec 2019
https://www.brinknews.com/why-did-india-suddenly-pull-out-of-the-worlds-largest-trade-deal/
China pushed to finalize the RCEP deal as it faces slowing growth in part due to its trade war with the U.S. But at the very last minute, even after the leaders’ photo was taken, India’s Prime Minister Narendra Modi pulled his country out of the deal. It was thus concerned that the RCEP would lead to even more cheap Chinese products flooding into India, a risk that is heightened by excess capacity across a range of Chinese industries, at a time of economic slowdown.

Singapore has talent shortage and India is a talent surplus country, says Tommy Koh on CECA ~ 23 Nov 2019
https://mustsharenews.com/tommy-koh-ceca/



ST says number of local IT grads set to grow while CECA continues to import IT workers from India ~ 18 Nov 2019
https://www.theonlinecitizen.com/2019/11/18/st-says-number-of-local-it-grads-set-to-grow-while-ceca-continues-to-import-it-workers-from-india/
Under Article 9.3 of CECA, all the “intra-corporate transferees” are to be exempted from any “labour market testing” or “economic needs testing”. That means, economic needs testing like Singapore’s fair consideration framework which ensures fair hiring of Singaporeans cannot be applied to “intra-corporate transferees”. To top it all, Article 9.6 even allows the “intra-corporate transferees” to bring in their spouses or dependents to work here too.

Chan didn’t disclose that there is no economic needs test or quotas on agreed services under CECA ~ 11 Nov 2019
https://www.theonlinecitizen.com/2019/11/11/chan-didnt-disclose-that-there-is-no-economic-needs-test-or-quotas-on-agreed-services-under-ceca/
CECA allows “intra-corporate transferees” to work for up to 8 years in host country. However, Singapore has been quite liberal in granting work passes to Indian nationals working in Singapore since CECA was signed in 2005. Under CECA, it enables movement of people between the 2 countries:
  • Professionals who are employed in 127 specific occupations are allowed entry and can stay for up to a year to “engage in a business activity as a professional”. The person would need to produce “letter of contract” from the party engaging the services of the said person. Some of the stated occupations include: engineers, architects, IT personnel, surveyors, doctors, dentists, accountants, lecturers, auditors, analysts, etc. CECA did not say they can’t go back to the host country to work again under a new contract for another year after their current contract ends.
  • Intra-corporate transferees will be permitted entry and can work for up to 2 years. This can be extended to a total term of not more than 8 years;
  • Business visitors who hold five-year multiple journey visas will be permitted entry for business purposes for up to 2 months, with an option to extend by an additional month; and
  • Short-term service suppliers will be allowed entry to service their contracts for an initial period of 90 days.
Lim Tean responds to Chan Chun Sing on CECA ~ 10 Nov 2019
https://www.youtube.com/watch?v=fzNeKa0L1tg

DBS makes net profit of S$2.8m in India in last fiscal year thanks to CECA ~ 4 Nov 2019
https://www.theonlinecitizen.com/2019/11/04/dbs-makes-net-profit-of-s2-8m-in-india-in-last-fiscal-year-thanks-to-ceca/



Prof Tommy Koh’s article on Singapore PMETs: My personal encounter on state of qualified PMETs in Singapore ~ 30 Oct 2019
https://yoursdp.org/news/prof-tommy-koh's-article-on-sg-pmets:-my-personal-encounter-on-state-of-qualified-pmets-in-singapore
The jobless PMET crisis is worse than I myself imagined whereby Employers, Recruitment Agencies, the government agencies themselves seemed like not working together to employ SG PMETS from 40+ age group.

JP Morgan, employer of man who verbally abused condo security officer, reminds staff to be respectful ~ 29 Oct 2019
https://www.straitstimes.com/singapore/jp-morgan-employer-of-man-who-verbally-abused-condo-security-officer-reminds-staff-to-be

Singapore racist Indian Ramesh Erramalli abuse elderly Chinese security guard at Eight Riversuites ~ 28 Oct 2019
https://www.youtube.com/watch?v=CRUIf5BLrqo

“We don’t want more Singaporeans to join the ranks of the angry voters” – Diplomat Tommy Koh cautions 4G leaders ~ 3 Oct 2019
https://www.msn.com/en-sg/news/singapore/%E2%80%9Cwe-dont-want-more-singaporeans-to-join-the-ranks-of-the-angry-voters%E2%80%9D-%E2%80%93-diplomat-tommy-koh-cautions-4g-leaders/ar-AAIcKBr



Private-hire car operators to be licensed from next year as Parliament passes new regulatory framework ~ 6 Aug 2019
https://www.channelnewsasia.com/news/singapore/private-hire-car-drivers-grab-gojek-licensed-lta-transport-bill-11786370
All ride-hail and street-hail service providers with a fleet size of more than 800 vehicles will have to be licensed from June 2020, after Parliament passed the Point-to-Point (P2P) Passenger Transport Industry Bill on Tuesday (Aug 6).

Commentary: Driving a Grab full-time right after graduation. Should you do it? ~ 14 Jan 2019
https://www.channelnewsasia.com/news/commentary/should-i-drive-grab-after-polytechnic-university-gig-economy-11110212

Why do Singapore NTU/NUS graduates end up driving Uber/Grab? ~ 7 Jan 2018
https://www.kiasuparents.com/kiasu/forum/viewtopic.php?t=90312
Everything you need to know about being a private hire car driver:
  • Education requirements: At least one year of driving experience with a Taxi Driver's Vocational Licence, or two years of driving experience with a Private Driving Vocational Licence.
  • Qualities: Patient, adaptable and friendly.
  • Salary range: Depends on the time spent driving – four to six hours of driving daily can fetch about $1,050 to $2,800 monthly.
  • Working hours: Flexible; depends on the driver.
  • Career prospects/advancements/specialisations: Entrepreneurs, Private chauffeur, Specialist drivers (Ambulance, Forklifts, Firetrucks)


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #131 on: January 12, 2020, 08:00:34 AM »
蔡英文總統大勝,習近平、林鄭成最大助力! ~ 12 Jan 2020
https://www.youtube.com/watch?v=ptcGFyoK1TA

Taiwan’s Tsai wins by landslide in stinging rebuke to China ~ 12 Jan 2020
https://www.youtube.com/watch?v=hYJsXAzCiSo
Taiwanese re-elected President Tsai Ing-wen by a landslide on Saturday, a stern rebuke to China which has tried both military threats and economic inducements to get the island to accept its rule, and potentially ushering in further tension with Beijing.




Taiwan elections: Tsai Ing-wen re-elected as president as rival Han Kuo-yu concedes defeat ~ 11 Jan 2020
https://www.scmp.com/news/china/politics/article/3045693/taiwan-elections-tsai-ing-wen-re-elected-president-victory-over
  • Tsai’s approach to mainland China was one of the key issues in the election and the comfortable victory will be seen as a mandate to continue her approach.
  • US Secretary of State Mike Pompeo congratulates president on re-election.


蔡英文的好运,北京的愚蠢 ~ 10 Jan 2020
https://cn.nytimes.com/opinion/20200110/taiwan-election-china/
感谢北京出于愚蠢制造的两次偶然事件:
  • 首先是香港抗议活动,这是去年当地政府提出一项允许引渡犯人到中国大陆的法案后引发的。反应如此强烈和广泛,以至于林郑月娥政府本该下台;但实际上,当局按照中国政府的意愿,以极端的警察手段严厉镇压。加上近年来华盛顿对北京立场的强化,给了蔡英文机会对中国进行更全面的谴责
  • 第二件事是中国于10月1日庆祝其成立70周年。当时,习近平主席重申了中国的一贯要求,即台湾要接受“一国两制”原则下的“祖国统一”,这个支配着香港与北京关系的原则,在香港近乎全面的反抗中彻底丧失了信誉。蔡英文坚决拒绝接受对台湾“一国两制”,这不仅引起了她的民进党支持者的共鸣,也得到了多数台湾人的认可。
Hong Kong police aren’t even doing their real jobs any more. Carrie Lam must restore discipline in the force ~ 10 Jan 2020
https://www.scmp.com/comment/opinion/article/3045344/hong-kong-police-arent-even-doing-their-real-jobs-any-more-carrie
As police brutality continues, so the government continues to fall out of favour. According to the latest poll, only 12% of respondents would vote for Lam if they could, while 81% would not. Clearly, police are Lam’s last instrument of control. Hence her reluctance to go against them or green-light an investigation into their actions.



Shock details of embattled leader Carrie Lam emerge as tensions soar ~ 2 Jul 2019
https://www.express.co.uk/news/world/1147796/URL-Hong-Kong-latest-news-Carrie-Lam-extradition-protest-British-citizenship-China
Pro-democracy newspaper Apple Daily and the BBC confirmed in 2017 when Mrs Lam became Chief Executive, she renounced her British citizenship in 2007 to become Hong Kong’s Secretary of Development. But some are likely to see Mrs Lam’s husband and sons still having British citizenship as an admission that an insurance policy is needed against Chinese rule. Mrs Lam is currently facing calls to resign from protestors after clashes with police over a controversial extradition bill with China.

Hong Kong’s Carrie Lam: ‘The nanny’ turned ‘Beijing puppet’ ~ 13 Jun 2019
https://www.france24.com/en/20190613-hong-kong-carrie-lam-nanny-beijing-puppet-semi-autonomous-mainland


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #132 on: January 13, 2020, 10:53:52 AM »
Matching Vietnamese brides with Chinese men, marriage brokers find good business – and sometimes love ~ 11 Jan 2020
http://theconversation.com/matching-vietnamese-brides-with-chinese-men-marriage-brokers-find-good-business-and-sometimes-love-127977



Raped, beaten and sold in China: Vietnam's kidnapped young brides ~ 3 Aug 2019
https://www.channelnewsasia.com/news/cnainsider/vietnam-kidnapped-brides-trafficking-china-wives-11777162
More young girls from Vietnam are ending up in forced marriages in China, where the gender imbalance has created a demand for foreign brides, as Insight discovers.

Vietnamese brides: How marrying foreign men impacts the women's families back home ~ 7 Jun 2018
https://www.youtube.com/watch?v=9HPR7bxnqCw

Taiwan looks to foreign brides' children to bridge gap between lands ~ 4 Jun 2018
https://www.youtube.com/watch?v=AFT6gFqH6I0

Fewer Singaporean men finding love with foreign wives ~ 13 Nov 2016
https://www.straitstimes.com/singapore/fewer-men-finding-love-with-foreign-wives

Singaporean Ken Lai, 49, and his China-born wife Xu Xueling, 26.


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #133 on: February 02, 2020, 01:45:08 PM »
Satellite photos show how deserted the streets of Wuhan are ~ 1 Feb 2020
https://www.youtube.com/watch?v=stzy-ZPayE4



Coronavirus: German air force evacuates citizens from Wuhan; gives China 10,000 protective suits ~ 1 Feb 2020
https://www.scmp.com/news/world/europe/article/3048521/coronavirus-german-air-force-evacuates-citizens-wuhan-gives-china
  • The evacuees had been waiting anxiously overnight as the aircraft made its way to Wuhan with a team of paramedics.
  • The plane also carried aid for authorities battling to contain the coronavirus outbreak, including protective suits requested by China.


Yangtze bridge lets people beat Hubei lockdown ~ 1 Feb 2020
https://www.straitstimes.com/asia/east-asia/yangtze-bridge-lets-people-beat-hubei-lockdown
They enter or leave province on foot, raising doubts over efficacy of move to contain virus.

Coronavirus outbreak: Mother of sick daughter from virus-hit region pleads for help ~ 1 Feb 2020
https://www.youtube.com/watch?v=NytLE5ECa8M

Chinese man busted paddling wooden tub across Yangtze River to escape virus lockdown ~ 1 Feb 2020
https://www.scmp.com/news/china/society/article/3048539/chinese-man-busted-paddling-wooden-tub-across-yangtze-river

Travellers beat China virus lockdown via bridge over the Yangtze ~ 31 Jan 2020
https://www.reuters.com/article/china-health-jiujiang/corrected-update-2-travellers-beat-china-virus-lockdown-via-bridge-over-the-yangtze-idUSL4N2A03GF

China to bring overseas Wuhan citizens back to virus-hit city ~ 31 Jan 2020
https://www.france24.com/en/20200131-china-to-bring-overseas-wuhan-citizens-back-to-virus-hit-city

武漢返鄉住戶竟遭封門 7壯漢扛鐵桿隔離 ~ 30 Jan 2020
https://www.youtube.com/watch?v=OG-GRzs1bNA



组图:武汉肺炎爆发 大陆现各类文革式标语 ~ 31 Jan 2020
https://www.epochtimes.com/gb/20/1/31/n11833949.htm



红色疯狂年代的影像记录者李振盛:我拍下的那些疯狂文革照 ~ 19 Nov 2018
https://www.bbc.com/zhongwen/simp/chinese-news-46217796

热血红卫兵


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #134 on: February 02, 2020, 01:49:17 PM »
武汉P4实验室疑为毒源 王延轶所长上位疑云 ~ 2 Feb 2020
https://www.epochtimes.com/gb/20/1/31/n11835543.htm
武汉肺炎疫情持续扩散,国际聚焦武汉肺炎新型冠状病毒源头疑来自于中国科学院武汉病毒研究。而武汉病毒研究所所长王延轶年仅39岁,先生舒红兵是中共政协委员、国家科学院院士。王延轶年轻上位、背景不凡亦成为舆论关注焦点。武汉P4实验室是中科院武汉病毒所下辖机构,年仅39岁的王延轶已是现任中国科学院武汉病毒研究所所长。王延轶,1981年出生,先后在北京大学、美国科罗拉多大学健康科学中心(University of Colorado Health Sciences Center)、武汉大学获得学士、硕士和博士学位。



China coronavirus: Labs worldwide scramble to analyse live samples ~ 31 Jan 2020
https://www.nature.com/articles/d41586-020-00262-7
Scientists need the pathogen to probe the biology of the emerging infection and to develop tests, drugs and vaccines.

The Wuhan virus is not a lab-made bioweapon ~ 29 Jan 2020
https://foreignpolicy.com/2020/01/29/coronavirus-china-lab-mortality-virology-wuhan-virus-not-bioweapon/

Coronavirus Special: "Systematic Problems with China's Virus Research Labs" - Tim Trevan ~ 29 Jan 2020
https://www.youtube.com/watch?v=0b5vAHEmneY

Coronavirus outbreak a result of Chinese biological espionage? ~ 28 Jan 2020
https://www.theweek.in/news/world/2020/01/28/coronavirus-outbreak-a-result-of-chinese-biological-espionage.html
Did Chinese biological warfare program agents smuggle the virus into the country?

China will admit coronavirus coming from its P4 lab ~ 25 Jan 2020
https://gnews.org/89749/


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #135 on: February 03, 2020, 10:11:42 AM »
央視記者直擊武漢紅十字會倉庫 遭保安阻擋 ~ 2 Feb 2020
https://www.youtube.com/watch?v=BMMH6a2T1lk

紅十字會收捐贈物資堆積如山 武漢協和醫院領物資碰壁 被逼「闢謠」 ~ 1 Feb 2020
https://www.youtube.com/watch?v=M9-Q4NQOIDc

韓國人從武漢回國隨即隔離 警車護送! ~ 30 Jan 2020
https://www.youtube.com/watch?v=hWPm9V2g6i4

武漢肺炎令全國恐慌,成龍春晚大唱「問我國家哪像染病」 ~ 27 Jan 2020
https://www.youtube.com/watch?v=Hi9HDpDBRCc
万里长城永不倒,千里黄河水滔滔,江山秀丽叠彩峰岭,问我国家哪像染病。


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #136 on: February 03, 2020, 10:22:09 AM »
Chinese Xiamen Airlines' two airplanes bring 199 people from Hubei province stranded overseas back ~ 1 Feb 2020
https://www.youtube.com/watch?v=EwgJ_g9yqhM

China sends two flights to bring back Wuhan citizens from Thailand and Malaysia ~ 31 Jan 2020
https://www.reuters.com/article/us-china-health-xiamen-airlines/china-sends-two-flights-to-bring-back-wuhan-citizens-from-thailand-and-malaysia-idUSKBN1ZU0JG
China’s aviation authority has dispatched two Xiamen Airlines flights to bring back Wuhan citizens to the Chinese city from Bangkok in Thailand and Kota Kinabalu in Malaysia.



《战狼2》
https://www.youtube.com/watch?v=S1oD8lc0rfo
无论你在海外遇到了怎样的危险,请你记住,你的背后有一个强大的祖国。中国护照可以把你从世界上任何一个地方接回家。


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #137 on: February 03, 2020, 01:43:49 PM »
火神山内部视频  Inside Wuhan Vulcan Mountain Hospital ~ 2 Feb 2020
https://www.youtube.com/watch?v=HrLYtsaUOm0



Wuhan virus: Chinese army to oversee new hospital built in days to treat patients in Wuhan ~ 2 Feb 2020
https://www.straitstimes.com/asia/east-asia/wuhan-virus-chinese-army-to-oversee-new-hospital-built-in-days-to-treat-patients-in



Coronavirus: How China builds two hospitals at top speed at the heart of the virus outbreak ~ 31 Jan 2020
https://www.youtube.com/watch?v=UoErujrHgAI


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #138 on: February 07, 2020, 02:54:53 PM »
Chinese driver wears 12 face masks amid coronavirus outbreak ~ 6 Feb 2020
https://www.youtube.com/watch?v=DNO8YxitAJA

The coronavirus outbreak could derail Xi Jinping’s dreams of a Chinese century ~ 6 Feb 2020
https://time.com/5778994/coronavirus-china-country-future/



Chief Executive Carrie Lam tells officials not to wear masks amid supply shortage ~ 5 Feb 2020
http://www.ejinsight.com/20200205-ce-tells-officials-not-to-wear-masks-amid-supply-shortage/


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #139 on: February 08, 2020, 09:58:52 AM »
Minister Chan Chun Sing calls for public to remain calm and not hoard items unnecessarily as public goes into a panic buying spree ~ 7 Feb 2020
https://www.theonlinecitizen.com/2020/02/07/minister-chan-chun-sing-calls-for-public-to-remain-calm-and-not-hoard-items-unnecessarily-as-public-goes-into-a-panic-buying-spree/

2月7日傍晚6时开始,新加坡超市的食品区、日用品区架子都被清扫一空;连保险套也是众人抢购的目标。





谣传内地工厂停工 香港全城抢厕纸 ~ 6 Feb 2020
https://finance.sina.com.cn/china/gncj/2020-02-06/doc-iimxyqvz0713454.shtml
新型冠状病毒疫情阴霾下,香港出现了口罩、洗手液、消毒液抢购潮。2月5日,随着“内地工厂停工”的谣言在网络流传,又让香港各超市内的厕纸被一扫而空。





Coronavirus: Desperate scenes as 10,000 queue for masks at Hong Kong industrial estate ~ 5 Feb 2020
https://www.scmp.com/news/hong-kong/health-environment/article/3049082/coronavirus-10000-queue-masks-hong-kong
  • Huge crowds camp overnight in Kowloon for surgical masks after company promises thousands of boxes, as supplies dwindle across city.
  • MTR announces station closures following partial border shutdown by Hong Kong government.


Thousands of masks exported out of Singapore while local demand remains high ~ 4 Feb 2020
https://www.theonlinecitizen.com/2020/02/04/thousands-of-masks-exported-out-of-singapore-while-local-demand-remains-high/




Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #140 on: February 08, 2020, 02:46:48 PM »
武漢肺炎病毒人工合成?國際輿論鎖定石正麗 ~ 7 Feb 2020
https://www.youtube.com/watch?v=24NoRBXBEB4

美议员:武汉肺炎病毒或来自中共P4实验室 ~ 6 Feb 2020
https://www.youtube.com/watch?v=NWmuXYUz6vQ
针对武汉肺炎的爆发,美国共和党参议员科顿(Tom Cotton)认为这种病毒可能来自于中共的生物安全等级4级(或P4)的实验室。



到底是谁想毁灭中国人 ~ 3 Feb 2020
https://www.soundofhope.org/post/340609



《自然》期刊当年曾发表一篇名为“一种类SARS循环性蝙蝠冠状病毒展现感染人体的潜力(A SARS-like cluster of circulating bat coronaviruses shows potential for human emergence)”的论文,武汉病毒研究所的葛行义和石正丽是该论文共同作者。



Whistleblower doctor who got in trouble for warning about coronavirus reported dead in China ~ 6 Feb 2020
https://www.dailysabah.com/asia/2020/02/06/whistleblower-doctor-who-got-in-trouble-for-warning-about-coronavirus-reported-dead-in-china
Li was reprimanded by local police for "spreading rumors" about the illness in late December, according to news reports.



A pneumonia outbreak associated with a new coronavirus of probable bat origin ~ 3 Feb 2020
https://www.ncbi.nlm.nih.gov/pubmed/32015507
Since the SARS outbreak 18 years ago, a large number of severe acute respiratory syndrome-related coronaviruses (SARSr-CoV) have been discovered in their natural reservoir host, bats1-4. Previous studies indicated that some of those bat SARSr-CoVs have the potential to infect humans5-7. Here we report the identification and characterization of a novel coronavirus (2019-nCoV) which caused an epidemic of acute respiratory syndrome in humans in Wuhan, China. The epidemic, which started from 12 December 2019, has caused 2,050 laboratory-confirmed infections with 56 fatal cases by 26 January 2020. Full-length genome sequences were obtained from five patients at the early stage of the outbreak. They are almost identical to each other and share 79.5% sequence identify to SARS-CoV. Furthermore, it was found that 2019-nCoV is 96% identical at the whole-genome level to a bat coronavirus. The pairwise protein sequence analysis of seven conserved non-structural proteins show that this virus belongs to the species of SARSr-CoV. The 2019-nCoV virus was then isolated from the bronchoalveolar lavage fluid of a critically ill patient, which can be neutralized by sera from several patients. Importantly, we have confirmed that this novel CoV uses the same cell entry receptor, ACE2, as SARS-CoV.



Discovery of novel bat coronaviruses in South China that use the same receptor as Middle East respiratory syndrome coronavirus
https://jvi.asm.org/content/92/13/e00116-18


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #141 on: February 10, 2020, 03:37:11 PM »
《約在春天相見》 武汉肺炎版《愿荣光归于香港》! ~ 9 Feb 2020
https://www.youtube.com/watch?v=rOKU8dCrAe8

武漢疫情大爆發,中國各大城市街道及重點交通要道街進行大消毒 ~ 8 Feb 2020
https://www.youtube.com/watch?v=lIgcQL25ACY

《願榮光歸香港》MV 合唱團版 《Glory to Hong Kong》 ~ 31 Aug 2019
https://www.youtube.com/watch?v=y7yRDOLCy4Y

Hong Kong protests: Kowloon mosque gets sprayed blue by police water cannon ~ 20 Oct 2019
https://www.youtube.com/watch?v=oPsgFws3-ic

Drone over Hong Kong protests ~ 15 Jun 2019
https://www.youtube.com/watch?v=PCyrJTmUpNQ

Xi Jinping and the Chinese dream ~ 4 May 2013
https://www.economist.com/leaders/2013/05/04/xi-jinping-and-the-chinese-dream
IN 1793 a British envoy, Lord Macartney, arrived at the court of the Chinese emperor, hoping to open an embassy. He brought with him a selection of gifts from his newly industrialising nation. The Qianlong emperor, whose country then accounted for about a third of global GDP, swatted him away: “Your sincere humility and obedience can clearly be seen,” he wrote to King George III, but we do not have “the slightest need for your country’s manufactures”. The British returned in the 1830s with gunboats to force trade open, and China’s attempts at reform ended in collapse, humiliation and, eventually, Maoism.


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #142 on: February 18, 2020, 03:29:41 PM »
崇祯皇帝的凄凉末路
https://www.youtube.com/watch?v=hUESwMn265c



近日習近平提生物技術立法、變相承認病毒被人繆用 ~ 17 Feb 2020
https://www.youtube.com/watch?v=4mOO0yS2xGY

不滿政府隱匿肺炎疫情 北大教授用崇禎皇帝影射習近平 ~ 7 Feb 2020
https://www.nownews.com/news/20200207/3923412/


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #143 on: February 20, 2020, 11:59:56 AM »
罕見之舉,美國將5家中共官媒定為「外國使團」;專家指中共喉舌「附加任務」或受阻;與外國代理人區別何在? ~ 19 Feb 2020
https://www.youtube.com/watch?v=CJVL9kv5J60
  • Xinhua News Agency (新华社)
  • China Global Television Network (CGTN 中国国际电视台)
  • China Radio International (CRI环球资讯广播)
  • China Daily (中国日报)
  • People's Daily (人民日报)


紅衛兵再現 中共開啟「毛式防疫模式」 ~ 16 Feb 2020
https://www.youtube.com/watch?v=t213EiwuvqY

白宮質疑中共掩蓋疫情 川普:永遠不知真假 ~ 14 Feb 2020
https://www.youtube.com/watch?v=yM20f-Z7pxU

中國進入"封省模式" 白宮質疑中共掩蓋疫情 ~ 13 Feb 2020
https://www.youtube.com/watch?v=-Nfz4FZnDgE

Has China's biggest online news site revealed 'real' coronavirus death figures? Screen grabs showing 24,589 death toll ~ 6 Feb 2020
https://www.dailymail.co.uk/news/article-7971401/Have-real-coronavirus-death-figures-leaked-Chinese-conglomerate-lists-death-toll-24-589.html



武漢疫情,中共掩蓋疫情真相,令病毒在全世界擴散 ~ 3 Feb 2020
https://www.youtube.com/watch?v=vNgkdofKRKg


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #144 on: February 22, 2020, 03:15:39 PM »
Coronavirus: Which countries have confirmed cases? ~ 22 Feb 2020
https://www.aljazeera.com/news/2020/01/countries-confirmed-cases-coronavirus-200125070959786.html
Cases of the virus, which originated in the Chinese city of Wuhan, have been reported around the world.

人民币兑美元中间价调贬14个基点,报7.0026 ~ 20 Feb 2020
https://www.yicai.com/news/100513436.html

The economic effects of the COVID-19 coronavirus around the world ~ 17 Feb 2020
https://www.weforum.org/agenda/2020/02/coronavirus-economic-effects-global-economy-trade-travel/
  • Economists polled by Reuters between 7-13 February said they expected China’s economic growth to slump to 4.5% in the first quarter of 2020, down from 6% in the previous quarter – the slowest pace since the financial crisis.
  • Many trade shows and sporting events in China and across Asia have been cancelled or postponed.The travel and tourism industries were hit early on by economic disruption from the outbreak. Global airline revenues are expected to fall by $4-5b in the first quarter of 2020 as a result of flight cancellations.
  • ICAO also forecasts that Japan could lose $1.29b of tourism revenue in the first quarter due to the drop in Chinese travellers while Thailand could lose $1.15b.


US revokes WTO subsidy preferences for some developing nations, including China, India and Singapore ~ 11 Feb 2020
https://www.scmp.com/news/world/united-states-canada/article/3049928/us-revokes-wto-subsidy-preferences-some-developing
  • Move reflects Trump’s frustration that some large economies still receive preferential trade benefits as developing nations at the WTO.
  • Other economies removed from internal list include Hong Kong, Brazil, South Africa, Thailand, Vietnam and South Korea.

Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #145 on: February 22, 2020, 05:48:20 PM »
Health officials worry as untraceable virus clusters emerge ~ 22 Feb 2020
https://www.wtap.com/content/news/Health-officials-worry-as-untraceable-virus-clusters-emerge-568104511.html

South Korea reported an eight-fold jump in COVID-19 cases, most from Daegu and nearby areas, bringing country’s total to 433 ~ 22 Feb 2020
https://www.boston25news.com/news/world/virus-spreads-south/XMOJ7P3REPTOORYK2ZUWLJ4XK4/

6,000 South Korean couples hold mass wedding despite coronavirus fears ~ 7 Feb 2020
https://www.youtube.com/watch?v=W5toi6xqQDU
Thousands of couples — some in facemasks — tie the knot in a mass Unification Church wedding, despite concerns in South Korea over the spread of the coronavirus outbreak. Including families and visitors, a total of 30,000 people attended the ceremony where they also celebrated the now passed away leader Moon Sun-Myung’s centenary and his 60th Holy Wedding Anniversary.


Offline zuolun

  • Baron
  • *****
  • Posts: 2,741
Re: The other side of the coin
« Reply #146 on: Yesterday at 10:26:29 AM »
Political drama erases RM43.4b market cap from Bursa ~ 25 Feb 2020
https://www.theedgemarkets.com/article/political-drama-erases-rm434b-market-cap-bursa

Malaysian politics in turmoil: Is Mahathir-Anwar alliance over? ~ 24 Feb 2020
https://www.youtube.com/watch?v=5B93f2E3rAs

Salary freeze for all Temasek employees, senior management may take voluntary pay cut ~ 24 Feb 2020
https://www.todayonline.com/singapore/salary-freeze-all-temasek-employees-senior-management-may-take-voluntary-pay-cut

New private home sales rebound after year-end holidays; strongest January showing in 7 years ~ 17 Feb 2020
https://www.channelnewsasia.com/news/singapore/new-private-home-sales-january-ura-property-12441542



Dow plunges 1,000 points on coronavirus fears, 3.5% drop is worst in two years ~ 24 Feb 2020
https://www.cnbc.com/2020/02/24/us-futures-coronavirus-outbreak.html



Virus pushes beyond Asia, taking aim at Europe, Mideast ~ 24 Feb 2020
https://apnews.com/ef2bac5c99d52df9fe1e10302e98e20b