Monday 19 August 2024

[Post 680] I Earn $73K In One Of The Most In-Demand Jobs Right Now — I Love What I Do





Summary

As a wind turbine service technician, Jessica Jackson, 37, has one of the most dangerous jobs in the world. It’s also the fastest-growing job in the U.S.

Sunday 18 August 2024

[Post 679] Income-Allianz deal: Are concerns justified? | Deep Dive podcast





Summary

News that German insurer Allianz is planning to buy a majority stake in Singapore's Income Insurance has led to sharp criticism. Questions are being asked - is Income Insurance, formerly an NTUC co-operative, prioritising profit over people? Or is it moving as all corporations do?

Steven Chia and Crispina Robert speak to Professor Lawrence Loh, director of Centre for Governance and Sustainability at the NUS Business School and Eddy Cheong, CEO of Havend Pte Ltd, an insurance advisory firm.

[Post 678] Market watchers call for more drastic measures to boost listings on SGX





Summary

Making it mandatory for international companies based in Singapore to list on the Singapore Exchange. That's among measures market watchers are calling for, as the Monetary Authority of Singapore looks into how to boost listings on the bourse. SGX had only one initial public offering in the first six months of this year, versus six in 2023. Meanwhile, five Singapore-based companies have listed overseas in the same period. Nadirah Zaidi reports.

Saturday 17 August 2024

[Post 677] Meet the Singaporean running a longan and lychee farm in China's Guangdong





Summary

In 2006, Singaporean Justin Low opened a farm in Huazhou - a county-level city under the administration of Maoming, which is about 500km away from Guangzhou city. Justin, who currently resides in Shenzhen, has help from around 100 workers who harvest the farm's yearly output of around 600,000kg of longans and lychees. 

Around 2,000 Singaporeans live, work and play in southern China's Guangdong province. Maoming is a coastline city facing the South China Sea, with a population of around six million and known for its fruit production. Tan Si Hui reports.

[Post 676] DBS CEO Piyush Gupta to step down; Tan Su Shan to take the job | Full press conference




Summary

DBS chief executive Piyush Gupta will step down from his position when he retires on Mar 28 next year, announced the bank on Aug 7. He will be succeeded by Ms Tan Su Shan, who has been appointed as deputy CEO, in addition to her current role as Group Head of Institutional Banking. More details: https://cna.asia/3yk4V9n

Friday 16 August 2024

[Post 675] How China’s Gen Z & Millennials Are Revolutionising Rural Businesses | Young & Rural In China


Summary

An increasing number of Chinese youths in their 20s are ditching the promise of cushy careers in the city, for a fresh start in the countryside. It’s part of a very recent trend of urban to rural migration in China, once unimaginable half a decade ago.   

In the eastern Chinese province of Zhejiang, over a hundred young individuals, with an average of 25, turned an abandoned quarry in a remote village into Deep Blue – China’s biggest and most popular café that draws in thousands of visitors a week. Not far from the café, a group of young graduates help to rejuvenate a successful rural resort transformed from once abandoned village homes. In a remote village in the province of Sichuan, a former fashion designer ditched her urban dreams to revive the heritage craft of indigo dyeing in her rural hometown.

Discover how Chinese youth are remaking businesses in the country’s remote hinterlands.

[Post 674] Malaysia Aims To Become AI Powerhouse In Southeast Asia | CNA Correspondent





Summary

Malaysia is looking to be a regional hub for artificial intelligence (AI) in Southeast Asia. The government has the groundwork in place to build a robust AI ecosystem, with the ultimate aim of transforming the country’s digital landscape and spurring economic growth. Prime Minister Anwar Ibrahim has been leading the charge, attracting billions of dollars in investments from global tech giants such as Amazon, Microsoft, Google and Nvidia. Within Malaysia, the adoption rate of the technology is gradually increasing, as seen in how AI has woven its way into the daily lives of people and business operations. The question remains – does Malaysia have what it takes to make its AI dream a reality?