While passenger traffic has dropped, Jan 2021’s global air cargo traffic has risen to 2019 levels. This is encouraging. We hope the passenger traffic will
Tag: finance
Bitcoin crossed the US$52,000 mark
It’s 19 Feb 2020. Bitcoin crossed the US$52,000 mark. The rise is due to acceptance of Bitcoin for payment by mainstream investment firms. Whether this
Money changers – another sector hard hit by COVID-19 pandemic
With reduced travel, money changers in Singapore have hardly any business nowadays. Twelve of them in Singapore are closing permanently. One prominent money changer who
He gave away half his retirement pension to help the poor
It’s easy to give away half your retirement funds to the poor when you have billions and still have billions and millions left for yourself.
Over leveraging brought down many people including this tycoon who was once 4th wealthiest in Asia.
The rich will always get richer? Not all the time, especially when they over leverage in good times. This tycoon was once the 4th richest
S’pore attracted $17.2B in fixed asset investments in 2020 in spite of COVID-19
In spite of the challenging COVID-19 situation, Singapore secured $17.2B in fixed asset investment in 2020 – representing a 12-yr high since 2009. This created
Bitcoin slumps to below 29,000 after topping 45,000…
I maintain that Bitcoin is all speculation. It does not pay dividends intrinsically. Speculators ride the ups & downs of the demand & supply to
Air passenger traffic for Singapore fell 82.8% in 2020 and Incheon became the busiest airport in asia
South Korea’s Incheon international airport became the Asia’s busiest airport in 2020, beating Singapore and Hong Kong as the effect of COVID-19 hit air travel
