Daily Briefing: Ezion's shares suspension; What you need to know about sharing economy

And here are five things you should rent, not buy.

From The Motley Fool Singapore:

Shortly after Ezion's second quarter earnings report came bigger news: The company requested for its shares to be suspended from trading.

Ezion’s chairman, Dr Wai Kai Yuen, then issued a letter to the company’s shareholders, explaining the rationale for the trading suspension. Wai wrote that the present operating environment presented challenges to Ezion’s cash flow. He added that the company is in discussions with its principal lenders for financing options. He also wrote that Ezion’s shares are temporarily suspended from trading, pending a resolution with various stakeholders including its lenders.

Read more here.

From The Motley Fool Singapore:

The last decade has seen a major shift in the mindsets of consumers as we move from a predominantly ownership society to a sharing society. With the improvements in technology and last mile logistics, sharing has become an increasingly popular mode of maximising our assets.

Most notably, this can be seen in the likes of cars with companies like Uber and Grab. These two companies have enabled car owners to maximise the utility of their cars by using them to monetize their rides and connecting them to potential commuters.

Read more here.

From Dollars and Sense via Yahoo!:

You see something you like, you check its price, you think about whether you really need it and then you go ahead to buy it.

Sounds like how every buying decision comes about?

In the Singapore that we live in today, thinking only about whether you should buy an item is not the only decision you should consider. With the variety of rental services available for us today, renting instead of buying have become a viable alternative for many items.

Here are five common things Singaporeans buy, when they should rent instead.

Read more here.