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Couple struggling to keep fishball mee stall alive, but cannot retire as they have no savings

syed putra

Alfrescian
Loyal
Is a vicious cycle….. children born in a LOW SES family will most likely live the same low life form as their parents.
And in SG, doing business without connection and under the mercy of the blood sucking landlord will be highly likely a failure due to high OPEX….
That where improving your culinary skills comes to the picture.
 

k1976

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Commentary: Relocating for work is tough — but the gains are well worth the discomfort and hassle​

Overseas experience is attractive to employers, notes the writer, but being away from home has its trade-offs. How can we best weigh the gains and costs?
Nurjannah Suhaimi/TODAY
Overseas experience is attractive to employers, notes the writer, but being away from home has its trade-offs. How can we best weigh the gains and costs?
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More and more Singaporeans are seeking to broaden their prospects abroad, but being away from the comforts of home has its trade-offs, notes the writer. How can we best weigh the gains and costs for ourselves?
IMG_1436%20crop.jpeg
Dawn SooThe author with her husband, Finlay Wright, in Hong Kong in March 2023, shortly before they relocated to Dubai

By Dawn Soo
Published September 12, 2024
Updated September 12,

One wonders: Is it truly worth it to leave our little red dot and venture abroad?

According to a new study by Cigna Healthcare, globally mobile individuals experience higher stress levels (86 per cent compared to the global average of 80 per cent). However, they also report better mental well-being — 58 per cent of globally mobile respondents report “excellent” or “very good” levels of mental well-being, compared to the global average of 46 per cent.

This suggests that while international assignments can be challenging, the resilience and adaptability developed through these experiences can also contribute significantly to overall well-being, and by extension, fulfilment in one’s career and life.

Read also​

'Singaporeans need to level up': Companies say flexi-work could push them to hire overseas


However, while overseas assignments can be immensely valuable for personal and professional development, we first have to be clear-headed about the benefits and priorities we are seeking before making that leap.
Having spent a significant chunk of my career based outside of Singapore, here’s my two cents on the matter.
 

k1976

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73-Year-Old Granny Sells Hipster Coffee From Home In Joo Chiat Back Alley​

The irony? The bubbly grandma of five doesn’t drink coffee — she prefers tea and Milo. But that hasn’t stopped her from pulling cups of espresso and latte for curious customers from the neighbourhood and beyond.
Gwyn Lim
Gwyn Lim
15 Aug 2024 at 21:00
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KopikhooKopikhoo SGkopicoffeeartisanal coffeespecialty coffeeespressocold brewlatteamericanoiced americanocaramel lattecapuccinohole-in-the-wallcoffee kioskkioskjoo chiattakeaway foodcheap and good foodome based businesshbbtembeling roadJoo Chiat foodperanakancafecafe hopping 73-Year-Old Granny Sells Hipster Coffee From Home In Joo Chiat Back Alley

  • At 73, grandmother of five Paulin Khoo has traded retirement for a bustling new endeavour as a barista
  • She now runs Kopikhoo, a home-based business serving up the likes of iced caramel lattes run out of a window in her Joo Chiat house
  • Her son came up with the idea and helped to conceptualise the artisanal coffee stand, after hacking a hole in their kitchen wall
  • The seven-week-old coffee kiosk has seen up to 188 cups a day ordered by customers
  • Picking up a new skill, even as a non-coffee drinker and pulling eight-hour shifts every day, Mrs Khoo says one is "never too old" to learn

Nikki Yeo
By Nikki Yeo
Published September 14, 2024
Updated September 14, 2024
SINGAPORE — How long would you like your working life to last? Even now, at the start of my career, I’d be lying if I wasn’t already thinking about retirement wistfully.
Given the pace and socially stimulating nature of my job, retirement — as far-off as it may be — looks alluringly quiet, spent with a handful of loved ones, and cosied up to crafts and books.
 

k1976

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Loyal

Recap 6mth ago....huat big big start liao​

Apac real estate values emerge after ‘the great reset’​

https://www.businesstimes.com.sg/wealth/apac-real-estate-values-emerge-after-great-reset

Benett Theseira

Published Mon, Mar 18, 2024 · 06:55 PM
Real estate

  • The outlook for office space in Sydney, Seoul and Singapore appear compelling, despite headwinds in the office sector globally. PHOTO: BT FILE
  • The outlook for office space in Sydney, Seoul and Singapore appear compelling, despite headwinds in the office sector globally. PHOTO: BT FILE
  • The outlook for office space in Sydney, Seoul and Singapore appear compelling, despite headwinds in the office sector globally. PHOTO: BT FILE
  • The outlook for office space in Sydney, Seoul and Singapore appear compelling, despite headwinds in the office sector globally. PHOTO: BT FILE
  • The outlook for office space in Sydney, Seoul and Singapore appear compelling, despite headwinds in the office sector globally. PHOTO: BT FILE
THE sharp rise in global interest rates that took hold in the second half of 2022 drove a “great reset” of real estate values, with mixed impact on investors and lenders.
However, with interest rates peaking and inflation starting to ease, we are beginning to see light at the end of the tunnel. The Asia-Pacific (Apac) real estate market is set to begin its recovery in 2024, driven by stabilised capital values and resilient income returns.
The structural growth in terms of demographics, digitalisation and decarbonisation are driving secular shifts in occupier demand across real estate sectors and geographies. From the cyclical perspective, some markets in Apac current offer interesting entry prices and rental growth prospects, as the current cycle and price discovery enter a stabilisation stage.

Furthermore, the ongoing shift from the more highly regulated traditional bank-led financing and towards private market funding is creating new opportunities for debt investors.
 
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