[Post 694] How Young Adults Can Make The Most Of Their Supplementary Retirement Scheme (SRS) Funds | Money Mind

Summary

How young adults can make the most of their Supplementary Retirement Scheme (SRS) funds.

[Post 693] Reining in Malaysia's ‘Little Napoleons’: Public Servants Who Take Bribes

Summary

From stamping out bribery to stemming systemic corruption, Malaysia’s government is facing renewed public pressure to rein in its ‘Little Napoleons’ - a term for officials who abuse their power while hiding behind red tape. Can the Anwar administration crackdown on what some allege is a “deep culture” of corruption in Malaysia’s public service at all levels? 

[Post 692] Is Seoul To Blame For South Korea's Population Crisis? | Insight | Full Episode

Summary

South Korea's is facing a population crisis, with Seoul at the centre of it. The country’s capital remains the beneficiary of both internal and external migration. Instead, it is in the rural and peripheral areas where low birth rates and the aging population have become crises. The countryside is at risk of becoming extinct. 

As more opportunities and people get concentrated in Seoul, urban pressures have led to rising unemployment and cost of living. And when things get expensive, people do not have babies. Seoul now has the lowest birthrate in South Korea, in a country with the world’s most dire fertility. On the other hand, farms and factories in the rural areas desperately need workers. How can South Korea solve this population puzzle?

[Post 691] Global Markets On A Rollercoaster Ride. What's Your Next Step? | Money Mind | Investing

Summary

The global market tumble deepens. So should you buy, sell or hold? 

[Post 690] Why We’d Rather Buy ‘Made In China’ Than Global Brands

Summary

Chinese Gen Zs and millennials are choosing to buy domestic products, such as Xiao Mi, BYD or Mao Geping, instead of international brands like Apple, Tesla or Dior.

‘Guo chao’ which translates to national wave is the trend where Chinese shoppers are buying  ‘Made In China’ products by Chinese brands rather than international names. For some Chinese youths, using homegrown labels evokes that sense of nationalistic pride. 

[Post 689] Turning your home into a parcel collection point

Summary

Would you run a parcel collection point from your home? Two HDB residents who signed up say they got to know their neighbours better, but they have also received complaints.

[Post 688] This $9B Chinese Restaurant Chain Wants to Conquer the U.S. | WSJ The Economics Of

Summary

China's hot-pot giant Haidilao offers more than just food. It has free manicures and massages for customers. Waiters dance on request. The over-the-top performances and customer service set it apart from its competitors. With fresh funds from a public listing, the restaurant company plans to expand across the U.S. 

WSJ examines the Chinese company and explores whether these gimmicks could be enough to sustain America's appetite.