
Daily Cuts - Luxury brands suffer as Chinese growth slows
China's economic slowdown and a crackdown by Beijing on displays of wealth are taking a toll on some of the world's top luxury brands. LVMH sales in Asia, which include China but not Japan, fell by 14% in the three months to the end of June, worsening from a 6% decline in the first quarter. What will the industry look like if the situation persists? Hairianto Diman speak with Kapil Dahiya, Technology & Transformation Partner, Deloitte Southeast Asia
Daily Cuts - Global mpox emergency: How badly will Singapore be affected?
Countries in Asia are monitoring the Mpox outbreak very closely as cases start to pop up in the region. Thailand reported a suspected first case of the new more dangerous strain of the disease on Aug 21. The World Health Organisation said there have been more than 14,000 cases and over 520 deaths in Africa this year, which already exceeds last year's figures. Given how the world is inter-connected through travel, on Asia First, Hairianto Diman inds out to what extent will Singapore be affected by this health emergency with Prof Dale Fisher, Director, NUS Centre for Infectious Disease Emergency Response & Senior Consultant, Division of Infectious Diseases, National University Hospital
Daily Cuts - NDR2024: Reprieve for retrenched workers under new temporary financial support scheme
Some reprieve for those who are involuntarily unemployed in the form of an interim financial support under an upcoming new scheme. The SkillsFuture Jobseeker Support scheme will provide retrenched workers payouts of up to $6,000 over a maximum period of six months, as they seek out or train for better jobs. Prime Minister Lawrence Wong unveiled these details in his maiden National Day Rally speech on Aug 18 with more information about the scheme to be provided in due course by the Manpower Ministry. Hairianto Diman and Patrick Tay, Assistant Secretary-General, NTUC takes a look at how far this scheme will go in helping retrenched workers.
Daily Cuts - Ceasefire deal still elusive, even as Blinken wraps up trip
Top US diplomat Antony Blinken said a Gaza ceasefire deal needs to get done in the coming days. He made the comment in Qatar, as he wrapped up his latest visit to the Middle East. Israel had agreed to an American proposal on bridging gaps to seal a truce. While Hamas said it is keen to reach a ceasefire agreement, it complained that the latest proposal was a “reversal” of what it had agreed to. Hairianto Diman examines how the US might balance the demands of both sides and if a ceasefire deal is truly imminent with Dr Jessica Genauer, Senior Lecturer in International Relations, Flinders University, Adelaide
Daily Cuts - A Letter to Myself: How "pain plus reflection" fuel Delonix Tan's commitment to progress
As a teenager, Delonix Tan was a gang member. He was expelled from school and sent to juvenile lockup twice. But his life changed when a cousin recommended him a self-help book. It set him on a course of entrepreneurship and determination to help build his family's fishball business. Listen in as he shares the three most valuable lessons he'd share with his younger self.
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