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Daily Cuts - CDL saga: Father, son and the wrest for power

Daily Cuts

In the latest on the City Developments Limited (CDL) saga, executive chairman Kwek Leng Beng said his son Sherman Kwek and other directors acting with him have agreed not to take further action after a court hearing on Wednesday (Feb 26). The older Kwek had earlier announced he was taking his son to court over alleged governance lapses and an attempted power grab at the board level. Andrea Heng and Hairianto Diman speak with Victor Lai, Principal Consultant at CitadelCorp, to get the latest developments from the father-son power tussle.

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Daily Cuts - Tourism tax – the effectiveness and impact on tourism figures

A new tourism tax is set to come into force in Thailand. Travellers will be charged 300 baht or S$11.80. Thailand is not the first country to impose this tax. Bali has imposed something similar and Japan is considering increasing its tourism tax to fund initiatives that address overtourism. Andrea Heng and Hairianto Diman assess the effectiveness of such tax and the impact it has on the tourism figures with Gary Bowerman, director, Check-in Asia and Asia Travel & Tourism Analyst

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Daily Cuts - Singapore begins hiring foreigners as auxiliary cops

Singapore has begun recruiting auxiliary police officers from five more countries, to meet rising security needs amid a shrinking local workforce. As of December, such officers have been recruited from Sri Lanka, Myanmar, the Philippines, India, and China. They form around 3% of the total auxiliary forces in Singapore. Andrea Heng and Hairianto Diman find out what this solution looks like in the long run with Claribel Low, Senior Analyst, Social Cohesion Research Programme, S. Rajaratnam School of International Studies, Nanyang Technological University

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Daily Cuts - Would you get beauty treatments in someone else's home?

An article out on CNA.asia looks at the rise of home-based salons and their draw compared to the traditional brick-and-mortar shops. Andrea Heng and Hairianto Diman speak with Cleo Chang, owner, home-based eyebrow embroidery business on how she ensures and assures potential customers of the safety of her treatments, and her customer Stacy Chng on why she has decided on a home-based salon over a traditional shop.

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Daily Cuts - China bubble tea chain Mixue surges over 40% on debut

China’s largest bubble tea chain Mixue was off to a robust start on its trading debut, jumping as much as 47% at one point. The stellar start reinforces hopes for a strong year in new equity issuances by Chinese companies in Hong Kong. Andrea Heng and Hairianto Diman find out what makes Mixue such an attractive investment with Gary Ng, senior economist, Natixis

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Daily Cuts - A Letter to Myself: GoodHood's Nigel Teo found his purpose connecting those who need with those who have

During the Covid pandemic, tech entrepreneur Nigel Teo decided to launch an app — GoodHood.SG — to help neighbours rekindle the "kampung spirit". In helping those who have match their resources with those who need, Nigel has also found a deeper purpose for his talent and energy. Nigel shares the most meaningful lessons on life and entrepreneurship he's gained from his journey.

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