GIC was previously known as the Government of Singapore Investment Corporation. It was formed 40 years ago to manage Singapore’s reserves. Whenever GIC is mentioned on social media or the web, it often gets politicised by Singaporeans. But the recent publication of the book Bold Vision: The untold story of Singapore’s Reserves and its Sovereign … Read more
Alibaba (NYSE:BABA) has been an increasingly tricky stock to deal with this year. On one hand, we have a thousand and one reasons to buy into the stock (not as much FOMO, Charlie Munger etc.) but on the other hand, the market sentiment just doesn’t seem to be bullish. Unfortunately, their Q3 earnings report last … Read more
Buying a house is one of the biggest financial decisions that one has to make. No one would want to lose money from a property they bought. If one has the luxury to wait, Singaporeans would usually prefer Built-to-Order (BTO) flats to a resale flat because of the heavily subsidised by the government. An example … Read more
“dApp” is short for decentralised apps; that is, apps that are built on a blockchain network. The word ‘decentralised’ suggests that no single entity is in control of the entire app or its data. This is why it’s so different from traditional apps. Instead of running on a central server, dApps are hosted by participating … Read more
The millennial generation is in their prime now, ranging from 25 years old to 40 years old. They make up 33% (744,600) of the Singapore’s labour force according to the Ministry of Manpower statistics in 2020. This makes them significant contributors to the economy and their earning powers have also increased. This means that millennials … Read more