It’s Songkran in Bangkok. Three days, not one. The whole city turns into a water fight that nobody asked to join but everyone is participating in regardless. The authorities have tried to designate alcohol-free zones this year. I’ll believe that when I see it. I’m staying indoors. Getting soaked is part of the tradition and…
Three months ago, our landlord asked us to stay. Ako & sila, the fashion jewellery boutique my wife Jovelyn runs, had reached the end of its contract on one of its locations. The landlord liked us. He offered half rent to keep us on. We said yes. December was profitable. January was profitable. February was…
Pop Mart just dropped their 2025 annual results. Revenue up 185% to 37.1 billion yuan (USD 5.1 billion). Adjusted net profit up 284%. Overseas markets now account for over 40% of total sales. The market did not applaud. The stock fell over 20%. The reason is worth understanding. Labubu alone generated 14.2 billion yuan (USD…