Friday, 31 January 2025

[Post 1002] Iconic Singapore Movies That Captured & Shaped Our Culture | On the Red Dot | 1-Hour Special


Summary

The Singaporean identity is ever-evolving, reflecting a nation's quest for pride and purpose. Films serve as a lens for self-reflection, sharing stories that define who we are and the society we live in. 

12 Storeys explores loneliness, alienation, and societal pressures within an HDB block, while Mee Pok Man depicts a hawker's unfulfilled love, symbolising the struggles of those overlooked by progress. Money No Enough and I Not Stupid offer humorous yet poignant insights into societal issues, from financial struggles, societal expectations to the education system’s impact on students and families. Ilo Ilo captures the bond between a family and their domestic helper during the 1997 Asian financial crisis. A Yellow Bird delves into loss and tradition, while Sayang Disayang celebrates the connection between a caregiver and her elderly charge. 

These diverse films capture the essence of Singaporean life, providing a deeper understanding of who we are as a nation.

Thursday, 30 January 2025

[Post 1002] How I'm Monetising My Backyard By Building A Granny Flat And Renting It Out | Money Mind | Rental


Summary

Can you make money out of your backyard, by constructing a granny flat? Sydney resident Charles Pillay goes through the sums.

Wednesday, 29 January 2025

[Post 1001] How Calm’s Founders Turned Rejection Into A $2 Billion Business


Summary

Michael Acton Smith and Alex Tew founded Calm, an app that offers mental health resources like guided meditations, sleep stories and mindful movement exercises. Today, the app has a valuation of $2 billion and has been downloaded 150 million times.

Tuesday, 28 January 2025

[Post 999] Nissan Is Fighting To Survive But Its Future Looks Grim


Summary

Nissan’s pending merger talks with its archrival Honda may give be its best shot at surviving. The third largest Japanese automaker by volume is struggling in multiple regions around the world, including the US and China. Cheaper, fresher alternatives are pushing it out of developing markets, while US dealerships day they are plagued with stale product and troubles around service and counterproductive sales incentives. Merging with Honda would create the third largest automaker in the world and give the combined company US market share comparable to Toyota and the Hyundai Motor Group.

Monday, 27 January 2025

[Post 998] Why Americans Can’t Find Starter Homes


Summary

Starter homes are typically modest in price and under 1,400 square feet. These units accounted for 40% of new residential construction in 1982, and just 9% in 2023. Economists say starter homes are disappearing as home builders contend with rising costs for land, labor and materials while navigating increasingly thick layers of regulation. As a result, many new homes are for high-end buyers in more remote locations. Meanwhile, the age of the first-time buyer rose to 38 from age 29 in 1981.

[Post 997] Can The U.S. Economy Survive A Mass Deportation?


Summary

According to the latest estimates, approximately 11.7 million undocumented immigrants currently reside in the United States, which amounts to roughly 3.5% of the total U.S. population. The United States has more international migrants than any other country in the world, surpassing the total of the next four countries combined. But in recent years, the United States has not deported more than half a million immigrants with a formal removal order in a single fiscal year. If President Trump follows through on his promise of deporting all undocumented immigrants over his four-year term, the country could see a deportation operation on an unprecedented scale. So how exactly will the mass deportation be carried out? And what impact will it have on the U.S. economy?