SINGAPORE: When I first learnt about the concept of staycations, I thought it was just another newfangled term that would disappear from our lexicon within months. I had so many questions and no answers. Wasn’t the whole point of a holiday to leave the country to experience new cultures and seek out exotic places? Why would anyone spend the same amount — or more than — a holiday abroad to stay in the country? Who were these people with ridiculous amounts of money and leave days to waste, when they could explore their own country anytime without booking another place to stay? In my mind, staycations felt like rainbow cake: Another pretentious fad that masked a grim reality. Like the enticing multicoloured layers that concealed often inferior cake, a staycation was merely window dressing to make those who had to remain in the country for one reason or another feel better about their dismal predicament. Then I gave in to a good friend’s plea to take a staycation together … [Read more...] about Commentary: I used to think a staycation was a poor alternative for being overseas. Then I took one
High power how to use
Investors see great opportunities in Vietnam’s solar power
The Hanoitimes - Vietnam's solar power sector holds much potential thanks to rising demand and a supportive regulatory framework. Coupled with an increasingly supportive regulatory environment and an expected surge in electricity consumption over the next decade, Vietnam’s renewables sector is poised for a new dawn, bringing great opportunities for investors. The outlook for growth in Vietnam’s renewables sector is positive and untapped solar power potential remains substantial, according to Daine Loh, research analyst at Fitch Solutions. The solar segment is one of the key drivers of this impressive growth, he said. Vietnam's estimated solar capacity by 2028. Photo: Fitch Solutions Increasing power demand Vietnam is set for a surge in power demand and consumption over the coming decade which largely stems from an expanding industrial and manufacturing sector, particularly as the ongoing US-China trade war plays out. In addition, positive … [Read more...] about Investors see great opportunities in Vietnam’s solar power
Understanding personal loans: When should you use it?
Despite popular belief, personal loans are not just for emergencies meant as a last resort. In fact, with appropriate use, they can help you navigate many a gnarly financial situations. Here are the top six reasons to apply for a personal loan: 1. FOR PLANNING A WEDDING Instead of maxing out your credit cards keeping up with a runaway wedding budget, or feeling resentful and deprived over a lack of funds, why not discuss how to meet the expenses with a personal loan instead? Plan your budget together carefully, and choose a loan amount and payment period that is comfortable for you. That way, you can have your dream wedding, and a plan to deal with the financial fallout after. 2. FOR PAYING OFF BILLS OR CREDIT CARD DEBT You've been paying and paying but your bills just never seem to end. Maybe high interest rates are the culprit. Using an appropriate personal loan will let you break the cycle of unending bills. First, work out how much you owe, and how much you are … [Read more...] about Understanding personal loans: When should you use it?
Commentary: A safer online playground powered by hackers
SINGAPORE: In the world of online multiplayer video game Defence of the Ancients (DOTA), Gondar is the infamous bounty hunter who infiltrates rebel terrain to bring criminals to justice – all while being invisible. The tales of Gondar’s prowess stretch on with each feat more impressive than the last, and for the right price, even the most devious assassin may find fear in the shadows. Drawing parallels to today’s world, could the most effective cybersecurity allies come in the form of hackers themselves? FRIEND OR FOE? Going back a chapter, the rapidly growing number of hackers fall into two main camps working on opposing ends of the law: White hats and black hats. The former are more commonly known as ethical hackers while the latter serve to wreak havoc for personal gain, and in some cases to fuel a wider hacktivist agenda – using tech know-how to protest against perceived political, legal, or societal injustices. Think of the vulnerability market as a worldwide … [Read more...] about Commentary: A safer online playground powered by hackers
Smaller digital coins soar as bitcoin powers on towards record high
LONDON: Digital currencies Ethereum and XRP soared on Monday, gaining momentum as bitcoin powered on towards its all-time high. Ethereum, the second largest cryptocurrency by market capitalisation after bitcoin, jumped 7per cent to its highest since June 2018, taking its gains to more than 25per cent over the last three days alone. Traders said ethereum, which often moves in tandem with bitcoin, has been boosted by growing demand ahead of an upgrade to its blockchain network - due in early December - that is widely expected to make it quicker and more secure. Third-biggest coin XRP soared 15per cent to its highest in two years, taking gains to more than 75per cent over the last three days. Traders said there was no immediate news catalyst for its jump on Monday. The price of these so-called altcoins is closely tied to bitcoin. Less liquid than their bigger cousin, they tend to suffer from even greater volatility than the original cryptocurrency. Bitcoin has risen around … [Read more...] about Smaller digital coins soar as bitcoin powers on towards record high