Chapter 199： Hu Xian wants to build Sing Tao News Agency? (2/2)

Thinking of this, Hu Xian only felt the depression in her heart disappeared, and the more she thought about it, the more she felt feasible, and it was of great benefit to her.

As for whether she could successfully build a news agency, the idea didn't come to her mind.

In her opinion, Jiuding Newspaper Company can succeed, how could she not succeed?

Although Jiuding Newspaper is now the leader of the industry, it is still a recruit. Her family’s Sing Tao News Corporation has a history of 39 years from 1939 to the present. The experience and heritage accumulated over so many years is not to say. It's that simple!

She is very confident about building a news agency!

It’s a big deal to follow the model of Jiuding News Agency!

Didn’t Jiuding Newspaper follow her ”Sing Tao Daily” when it opened up distribution channels in Southeast Asia?

She had found out a long time ago, but this is something that can't be stopped, so it is regarded as not seen, but it does not mean that she has not remembered it.

Now she is going to develop her own news agency based on the model of Jiuding News Agency. Of course she will not be embarrassed!

I decided to build a news agency!

At this moment, she has even figured out her name, and then she will be called Sing Tao News Agency!

Thinking of this, Hu Xian clenched her fists tightly. She wanted to show Jiuding Newspaper Company and let other colleagues see that her title of ”Queen of Newspaper Industry” was not for nothing, she would never sit and wait for death!

Suddenly, she thought of a question and couldn't help but frown.

If you want to build a news agency, you must have a lot of money. If it is built on the scale of Jiuding News Agency, UU Reading has 400 employees, and it consumes even more money.

Now her company simply can’t come up with so much money. This year, because of the sudden emergence of ”Jiuding Daily”, followed by the emergence of ”Economics” magazine, a more powerful advertiser that swallows big players. The big benefactors of the ”Daily” have switched to the arms of Jiuding Newspaper Company.

In the past few months, her company’s advertising revenue has fallen by more than 20% year-on-year, and the loss is very large!

Not only that, but in the past few months, in order to deal with the pressure of ”Jiuding Daily” and find ways to increase the sales of ”Sing Tao Daily”, she has also made major reforms and increased the cost of manuscripts to improve the quality of newspaper articles.

Of course, the biggest expense is to recruit staff and expand distribution channels.

In the past few months, except for the increasing operating expenses of the company, she has almost smashed all the profits in. Now the company can't afford to spend money to build a news agency!

But she has already decided that it is imperative to build a news agency, and if there is no money, we must build it! Otherwise, he would just wait to die and watch the ”Sing Tao Daily” gradually weaken.

Instead of being slowly boiled to death like a frog boiled in warm water, it's better to give it a try. Moreover, the chance of success seems to be great!

”Then take a loan. It just so happens that the Chen family of Pangu Bank of Thailand has a good relationship with my family. They have asked me several times and wanted to give me a loan. I didn't need the loan before, so I refused. Now I can find them, trust them. I will definitely not refuse!”

After thinking about it, Hu Xian acted immediately. She is such a turbulent personality.

After finding the phone, she immediately dialed the phone...