Jene Lim

This news came as a big surprise. I was very impressed by the immersive experience for the Van Gogh exhibition including the 3D view of the paintings. I didn’t expect the company to file for bankruptcy. But it did.  Hence, it got me thinking that we cannot judge a company by its appearance, no matter how sound the proposition or the concept appears to be.  So perhaps the only thing we can do is to monitor our customers, suppliers and partners on an ongoing basis, for new litigation, payment delays and bankruptcy filings, so that we may have a chance to be the first to act if the unfortunate happens.  Photo: By Me. Taken at the Van Gogh exhibition in Singapore  #bankruptcy #business #monitoring #portfoliomanagement #data #jenetalksaboutdata

Today, I visited the Gyeongbokgung Palace and learnt about the history of the palace (it looked similar to the Chinese Forbidden City but it’s not modelled after it because Gyeongbokgung was built first).  I also learnt about why Korean language was created -  to simplify the complexities of Chinese language so the population, especially the commoners and girls, could learn more easily and be more literate.  I was also right in guessing that the layout was based on fengshui principles as it has the Bukak Mountain in the back and Han River in the front.  This reminded me again of why we travel, to broaden our horizon and to learn more about history and culture. And in doing so, hopefully it promotes more mutual understanding and tolerance. And it may come in handy during business too, as one can connect better with this mutual understanding or you will just be a more interesting person with all these fun facts.  #travel #horizon #perspectives #business #personald...

As the world is changing at an unprecedented pace now with technology, and businesses are trying to recover from the past few years of Covid19 and grow in spite of the general market uncertainty, I think these are the resolutions that we can apply to our business and to ourselves in order to thrive.  #business #work #personaldevelopment #change #jenelim

This is an interesting post on a few fronts. This is especially when we usually hear more on BNPLs and banking services rather than pawnshops in the news.   🚘 MONEYMAX Financial Services is deepening its presence in Malaysia, touting its drive-through pawnshops as a differentiator. By analysing #data and customer pain points, it has identified drive-through pawnshops as a way to overcome concerns of being robbed (whilst carrying lots of cash) and the hassle of finding parking.  📈 Not wasting a pandemic. The company has been operating in Malaysia since 2014, under a joint venture agreement. The pandemic created an opportunity for expansion, as several properties in ideal locations had been vacated.  💻 As they kept their interest rates unchanged despite cost of funds doubling and overheads increasing, their margins has suffered. Thus, to cope with rising costs, MoneyMax is investing in digitalisation that could bring efficiency gains. This means acquiring more tech talen...

“Business-class flights were banned; everyone would fly economy, no matter how far. Daily meal expenses were capped at US$30, hotels at US$150 a night. Snacks disappeared from offices. Sea replaced the local luxury tea brand TWG with Lipton. In at least some restrooms, two-ply toilet paper gave way to one-ply.” “We cared about every single dollar, every single cent,” Li said at his office in Singapore, his first interview in more than two years. “You can have a big dream and a big ambition, but what if you cannot survive? You always have this kind of noise back in your mind saying we may be running out of money.” “Li’s shock treatment paid off. In March, Sea reported the first quarterly profit in its 14-year history, US$427 million in Gaap-sanctioned net income. Its stock soared 22 per cent. Last week, it said it would hand out 5 per cent raises to most staff. Sea has now more than doubled its market value since November.” Sea’s path to profit was paved with layoffs and single-ply toil...