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Daily Cuts - The UltraLuxe market in Southeast Asia

Daily Cuts

According to a report by PWC, the global personal luxury market is expected to hit 464 billion US dollars by 2025, and surpass 600 billion dollar by 2030, growing at an average annual rate of 6 percent. How does some of that wealth flow to our shores and benefit businesses here? Work It's Cheryl Goh speaks with Angela Loh, CEO of The Advocators & Co. and Founder and CEO of Ultraluxe. Ultraluxe prides itself on being a prestigious festival for niche jewellery, fashion, spirits and watches, and is in its third edition this year. 

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Daily Cuts - Earth’s wildlife is declining at a shocking rate, but what does it really mean?

A new report shows wildlife populations around the world are dropping drastically – it’s down 73 percent over just 50 years. But what do the findings really mean, and is it as alarming as it sounds? Andrea Heng chats with Uma Sachidhanandam, Director Of Conservation & Science, WWF- heading straight to the source and clarify the data. 

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Daily Cuts - Bullying in Singapore’s schools: More incidents or more exposure?

About two in every 1,000 primary school pupils and five in every 1,000 secondary school students report bullying incidents each year. While MOE cites a steady number of cases, social media has raised the profile of such incidents – enough for school bullying to be a topic of discussion in Parliament this week. Andrea Heng speaks to Cheung Hoi Shan, Assistant Professor, Psychology and Child & Human Development, National Institute of Education, to find out more. 

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Daily Cuts - Singapore blocks Income-Allianz deal: What lies ahead for the business, customers

Singapore has moved to block a deal that would have allowed German insurer Allianz to own a majority stake in local insurer Income, citing a lack of confidence that Income would be able to continue as a social movement – but is leaving the door open as long as public concerns are addressed. Andrea Heng speaks to Eddy Cheong, CEO, Havend. They look ahead to Income’s future operations, how it can continue being financially viable as a co-operative movement and potential partners it can work with to stay relevant. 

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Daily Cuts - Iran, Israel intensify their attacks – is this now an Iran-Israel war?

Hezbollah has launched fresh drone strikes on northern Israel as a retaliation to Israel’s attacks on Lebanon, marking the most serious clash in the year-long conflict between Israel and Iran’s proxies. Andrea Heng and Prof Zach Levey, Visiting Professor, International Affairs Program, University of Colorado at Boulder, analyse Iran’s next moves as it reshapes its strategy towards Israel through bolder attacks, while US involvement grows with the delivery of the THAAD missile system. 

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Daily Cuts - Singapore's economy grew 4.1% in Q3 of 2024

Singapore Today's Lance Alexander and Daniel Martin speak with Barnabas Gan, Acting Group Chief Economist at RHB Bank, about how Singapore's economy picked up momentum in the third quarter of 2024, growing by 4.1 per cent from a year ago.  

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