The Month that Was for Singapore Stocks and Possible Hope for Aviation Plays (Money FM) Less than a week after Singapore renewed Phase 2-HA social restrictions to contain the surge in COVID infections linked to the KTV cluster and the Jurong Fish Port — officials set out a roadmap that could see activities and travel normalized for fully vaccinated individuals. Terence Wong talks about what this may mean for … Read more

OPEC+ stalemate, China’s probe into Didi and Gold Prices (Money FM)

 As commodities prices increase amid the ongoing global recovery , what does the current OPEC+ stalemate mean for oil prices? Previous clampdowns were mostly focused on anti-monopoly and financial technology regulation, which led to the suspension of Ant Group’s $34.5 billon listing and Alibaba’s $2.8 billion antitrust fine. With Didi, the focus is now … Read more

SPH to restructure media business into not-for-profit entity (Money FM)

Money FM’s JP Ong asked for my thoughts on the restructuring of its parent. It is a step in the right direction for SPH. Morale has been sinking the past few years following rounds of cost-cutting and retrenchments. With the restructuring, pressure to maximise shareholder value is off. The same is true of SMRT after … Read more