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Digital is the new norm - THE EDGE SINGAPORE

Tong's Portfolio

Digital is the new norm

We do not doubt that there are indeed many tech stocks that may well be trading at irrational and unsustainable valuations.
Government support measures will prevent GDP from contracting by a further 5.6% in 2020, and 4.8% in 2021, says DPM Heng - THE EDGE SINGAPORE

Singapore economy

Government support measures will prevent GDP from contracting by a further 5.6% in 2020, and 4.8% in 2021, says DPM Heng

On Oct 3, he announced via Facebook that there will not be an additional round of support measures.

Broker's Calls

The Edge Singapore launches the all-new Brokers' Digest LIVE webcast series

This Brokers’ Digest LIVE webcast series, to be aired on TES’ Facebook Live, provides a catch up before the opening bell on the US market.
Who will buy TikTok and is it worth US$60 billion? - THE EDGE SINGAPORE

Tech

Who will buy TikTok and is it worth US$60 billion?

TikTok is very addictive — particularly for teens — but whether Microsoft or any other buyer can build on that remains to be seen.

Banking & finance

Going digital: Data mining for banks of the future

For DBS, digital activity volumes have increased from 30–60% overall, especially among older clients whose activity increased fourfold.

Investing ideas

Facebook faces advertising boycott, but valuations still compelling

Since January, Facebook has been facing a lot more quitters. And these quitters are companies which have announced that they no longer wish to advertise on Facebook.

Tech

Beijing-based TikTok to leave Hong Kong market "within days"

Tik Tok's exit follows the implementation of a new national security law for the semi-autonomous city.

Global stocks

Lockdowns boost usage of social media giant

Facebook performed decently in our portfolio with a 9.6% return in the past six months and outperformed the other three benchmark indices, the Dow Jones, S&P 500 and MSCI US.

The US and EU part ways in regulating user content on social media

US President Donald Trump’s attack on Twitter Inc. has highlighted how the European Union and the US are taking radically different approaches to overhaul how social media platforms should treat user content.

Cryptocurrency

Temasek joins Facebook-backed Libra Association

Singapore state investor Temasek Holdings Pte has joined the Libra Association -- the organization behind Facebook Inc.’s proposed digital currency.
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