A journey of thousand miles begins with a single step 千里之行,始于足下。

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Rainbow 
https://www.pmo.gov.sg/Newsroom/PM-Lee-H...ating-UN75

The Future We Want, The United Nations We Need: Reaffirming Our Collective commitment to multilateralism
The world was changing even before COVID-19. Geopolitical tensions were growing; globalisation was showing fissures; isolationism, protectionism and unilateralism were pushing back against multilateral institutions and international cooperation.

The COVID-19 crisis has sharpened these trends, but it has also reminded us how inter connected and interdependent countries are, and why we all need to work together to defeat the gravest challenge of our time.

Importance of multilateralism / Role of the UN
A rules-based multilateral system, with the UN at its core, is our best hope to build a stable international environment. For all its limitations, it has helped to level the playing field for all countries. It has given small states like Singapore a voice, and a stake in the global commons. Major powers also benefit from a more peaceful and stable global environment, and when they take joint initiatives through multilateral institutions, it enhances their political legitimacy and moral authority.

But recent trends have also exposed shortcomings of multilateral institutions – the inability to achieve consensus on major issues, the conflicts that continue to ravage societies, and the millions who still lack access to food, healthcare and education.


Stay home and stay safe, everyone.
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Rainbow 
Just a note
The Stock Exchange of Hong Kong Limited (the “HKEx”) is currently closed for dealings due to the hoist of Typhoon Signal no. 8 in Hong Kong.
https://links.sgx.com/FileOpen/SG%20Issu...eID=634973

Stay home and stay healthy, everyone.
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Rainbow 
Covid Winter is coming sooner than expected.
9 Sep 2020@USA


Stay home and stay safe, everyone.
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Rainbow 
Mary Trump mentioned that her uncle will forced to do weird things, unimaginable things if pushed to a corner.
The harder the pushing, the more bizarre will be.

Even Obama came out to campaign against Trump.
 
Really strange elections and hope that all are ok.

Stay home and stay safe, everyone.
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Rainbow 
9 days to US elections and Trump supporter is still going all out for Trump another 4 years.

Korea flu vaccine will continue but it's Military decided to opt out. Some heads is going to roll.

Thai protest gain tracking with Germany. mmm....

China, china, china - progressing and continue to push for reformation.

Tracetogether token kana hacked - hardwarezone.

Staycation is hot, are you going?

Stay home and stay safe, everyone.
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Rainbow 
Trump supporter in New York


Stay home and stay safe, everyone.
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Rainbow 
Watch your poll - Trump.


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Rainbow 
Robinson Closed after 162 years in Singapore

No more "A sales worth waiting for..."

[Image: robinsons-letter.jpg]

It's unfortunate that the closing down is done in a rush that there are some confusion with suppliers.

Hopefully, the supplier could get paid and take back their consignment.

Moving forward, with more retail stores closure, hopefully they will learn from Robinson experience and plan with their suppliers to meet their customers requirements.



Stay home and stay safe, everyone.
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Rainbow 
A reminder to every company to pay sufficient attention to PDPA and Cybersecurity in this increasingly, more aggressive adoption of digital transformation.

Stiffer penalties for data breaches, more opportunities for legitimate uses of data as Parliament passes changes to PDPA
The amended PDPA also comes with stiffer fines for data breaches, and makes it compulsory for organisations to report breaches of a certain scale and severity to the Personal Data Protection Commission (PDPC).

Companies with an annual turnover exceeding S$10 million can now be fined up to 10 per cent of its annual turnover in Singapore. The maximum fine was previously S$1 million.

https://www.channelnewsasia.com/news/sin...t-13441120

Stay home and stay safe, everyone.
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Rainbow 
Micro-Mechanics - Record Revenue & Profits
Paul Chew
Downgrade to Accumulate from Buy as we believe some of the positives have been priced in after recent rally.
The Positives
1. Record quarterly revenue of $18.1m
2. Gross margins at a 2-year high
3. Operating cash flow more than doubled

The Negative
1. Spurt in Capex

Outlook
The cycle recovery remains nascent and growth this year should be further supported by new projects from its front-end semiconductor customer in the U.S. We believe the contribution could be almost 10% of revenue in FY21e.
https://research.sginvestors.io/2020/11/...11-02.html
MM start at 39mins:

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