Business

How COVID-19 Changed Singapore’s Property Market Dynamics

When Mr Malik Sani received the call from a buyer who was willing to purchase a three-room flat in Bedok at the price he advertised without any on-site viewing, he thought it was a prank. “Can you transfer the deposit to my seller and then I’ll proceed with the paperwork,” Mr Malik told the buyer.

Why Didi Defied Beijing and Listed in the US?

On June 30, Didi Chuxing listed on the New York Stock Exchange and raised US$4.4 billion. The following day, its valuation exceeded US$78 billion. Things went downhill fast. On July 2, the Cyberspace Administration of China (CAC) announced a cybersecurity review of the company. Two days later, Didi was removed from app stores, followed by

A Significant Challenge to Doing Business in Southeast Asia

For years now, the US Chamber of Commerce, which has sponsored the ASEAN Business Outlook Survey, has identified corruption as a major challenge to doing business in the ASEAN region. In January 2016, Transparency International (TI), an anti-corruption organisation based in Berlin, released its Corruption Perceptions Index. “Based on expert opinion from around the world,”

china state capitalism

What Is China’s ‘State Capitalism’ All About?

The much anticipated debate between Fox Business Network’s news anchor Trish Regan and Chinese state media CGTN’s host Liu Xin about the ongoing US–China trade dispute was finally on air the morning of May 29. It all started after Ms Regan said on her show ‘Trish Regan Primetime’ on May 14 that the United States

Reviving the Traditional Art of Letter Press

In the studio of Typesettingsg situated at Pearl’s Hill Terrace, composing sticks, trays of metal types, printing presses and inks – remnants of a forgotten traditional art – are found lying on the table, stacked on shelves or kept in the drawers. There is a certain beauty and elegance to this traditional art that reflects

Financial Trends: What a Cashless Singapore Would Look Like 

At the opening session of the Singapore Economic Review Conference 2015 held just before National Day, Mr Ravi Menon, Managing Director at the Monetary Authority of Singapore (MAS), gave an inspiring talk titled ‘An Economic History of Singapore: 1965 – 2065’, in which he revealed: In 1965, Singapore’s nominal GDP per capita was around US$500

Expanding CHARLES & KEITH’s Global Footprint

Mr Charles Wong, the Chief Executive Officer of CHARLES & KEITH Group of Companies, was able to build a humble shoe store into an international brand without borrowing from banks or investors. But how did he accomplish this feat? In a two-hour session at NTUitive on June 24, Mr Wong recounted his entrepreneurial journey, which

New Kids on the Block: MAKESPACE 

Hailing from Hwa Chong Institution’s graduating batch of 2014, Ang Kia Yee and Leong Xuan Li, both 19 this year, have gathered together a group of passionate individuals to form an up-and-coming youth theatre group, MAKESPACE. The name MAKESPACE was decided unanimously after much thought. According to Kia Yee, “Basically, the philosophy is that a

Dare to Be Different

Marketing Your Business: Dare To Be Different

Paul Lim wears more than one hat. He is the founder of two award-winning companies – Craftech Printing Services Pte Ltd and AStar Success Pte Ltd – and the Honorary Treasurer and Chairman of Marketing Institute of Singapore’s HR & Finance committee. With over two decades of experience and a Bachelor of Marketing and Finance

The Biggest Mistake in Customer Service: Apologising Too Much

One of the fundamental rules taught to customer service employees is to apologise when a customer is angry or dissatisfied. When conversing with an angry client, workers in hotels, restaurants, or travel agencies will often try to express their empathy or sympathy, and continue to apologise over and over. But according to a new study,

ENERGY SOLAR POWER PLANT

The Next Stage in the Trade War

Despite the relative calm in the U.S.-China trade war and the prospects of reaching an agreement, the conflict is likely to develop further in 2019. Review of leading events to this day: The Epoch Times looks at the concurrent battles that make up the trade war. 1. Solar panels and washing machines Beginning from October

modern Filipiniana gown from Michael Leyva

Filipino Chinese: A Major Force in the Philippines

Chinese Filipinos or Filipino Chinese, as they are popularly called in the Philippines, are one of the largest overseas Chinese communities in Southeast Asia, with a population of 1.5 million. These Filipinos with Chinese ancestry are also called ‘Tsinoy’. Having inherited the Chinese work ethic of ‘perfection in work’, as well as values of humility

Car-Sharing Replace Car Ownership

Will Car-Sharing Replace Car Ownership in Singapore?

The burgeoning ride-sharing economy has been rapidly reshaping the landscape of urban mobility. Not long after ride-sharing companies like Uber and Grab began threatening the traditional taxi industry, the brightly coloured bikes of bike-sharing companies have become ubiquitous across the island. When BlueSG rolled out Singapore’s first large-scale electric vehicle sharing program last December, “car-sharing”

Union Energy Group.

A Glimpse Into the Success of Union Energy: What’s Next?

The familiar household liquefied petroleum gas (LPG) brand, Union Energy, has made headway in the electricity retail market. This came after the Energy Market Authority’s announcement to fully liberalise the electricity retail market by the second half of 2018. Consumers will have the option to switch from being on regulated tariffs to buying electricity from

The Man Who Lost Everything Made Sure the Next Generation Won’t

John Robinson Lim Gokongwei Jr. was born in 1926 to a Filipino-Chinese father who had ancestral ties to China’s Fujian province. His great-grandfather was Pedro Gotiaoco, a young peddler from China who found success after establishing trading company Gotiaoco Hermanos with his brother. John was born into this wealthy family that lived in Cebu. John’s

Bitcoin: A Disaster for the Environment and Humankind

Bitcoin: A Disaster for the Environment and Humankind

As one of the top 10 countries most interested in Bitcoin (BTC), February 5 must have been a tumultuous day for many Singaporeans.  Plummeting over 60% from its peak in less than 2 months, the Bitcoin craze sent chills down the spine of its investors. Perhaps it is time to revisit the nature of Bitcoin

Possible Impact of GST Hike in Singapore

By G. Kalyan Kumar Singapore’s proposed hike of the goods and services tax (GST) from 7 to 9 percent after a surplus budget has baffled many. For the 2017 financial year, Singapore posted a net surplus of S$9.6 billion that was above the estimated S$1.9 billion. It was the biggest surplus in recent times. In

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