The son of Haidilao hotpot chain co-founder Zhang Yong has been granted an option to purchase a bungalow at Gallop Road for S$ 42 million, reported The Business Times today (Jan 6). The price works out to S$ 1,940 per sq ft (psf) based on the freehold site’s area of …
Read More »12 Verified Orgs Currently Accepting Donations To Aid Flood Victims In Johor & Pahang
The Winter Monsoon’s heavy rains in Malaysia this year has dehomed at least 20,000 evacuees in the states of Johor, Pahang, Perak, Selangor, and Terengganu. With the confirmation of at least 3 deaths in Johor and a serious pandemic floating around, the survivors are in dire need of help. We …
Read More »S’pore Fintech Startup GoBear Ceases Operations After Failing To Raise Additional Funds
Singapore-headquartered financial services and data platform GoBear announced today (Jan 5) that it will be ceasing operations and will begin an “orderly closure of the business”. The firm cited the failure to raise additional funds from existing or new investors as the primary reason for closure. It added that the …
Read More »This M’sian E-Commerce Site For Lifestyle Microbrands Just Bagged US$1mil In Seed Funding
“Before MCO, I used to frequent local arts bazaars and discovered a lot of interesting, high-quality products from small brands and businesses.” “Due to the pandemic, bazaars came to a halt, so these brands are depending on online sales, usually from Facebook & Instagram. Online demand generation was critical, but …
Read More »When Does A Startup Stop Being A Startup? M’sian Entrepreneurs Discuss.
Not too long ago, I ran into this thread in the Entrepreneurs and Startups in Malaysia Facebook group about the question, “When do startups stop being called startups?” I asked my team what they thought about this, and we all agreed that there didn’t seem to be a universal consensus …
Read More »School Dropout To Hawker: This S’porean Now Runs A F&B Empire That Made $150M Annual Revenue
In 1985, the then-15-year-old Tan Kim Siong dropped out of school to work full-time in a hawker stall. Since age 13, he had been helping his grandmother at her Teochew fishball noodles store, while also working as an assistant for other hawker stalls. These stints helped him score a full-time …
Read More »From IRL To URL: This Startup Is Changing The Personal Styling Experience For M’sians
Author’s blurb: I’m someone who hates the process of shopping for clothes. The idea of spending hours in a mall browsing through clothing I wouldn’t end up purchasing in the end is why I only buy clothes as-and-when I need it, not something I do for leisure. Gwen Delhumeau thinks …
Read More »Bouncing Back: These 5 S’poreans Started Their Own Bizs After Losing Their Steady Incomes
This year, the Covid-19 pandemic has wrecked havoc on the lives of individuals and the global economy as well. In the first half of 2020, a total of 11,350 people faced retrenchment in Singapore. From Singapore Airlines to GoBear, large firms and even startups have laid off staff. The crisis …
Read More »Syed Saddiq Promises To Go Bald To Raise RM200k For Muar, He’s Hit RM185k In Just 4 Days
Several days ago, Muar MP Syed Saddiq Syed Abdul Rahman made a social media post about going bald with the #BotakChallenge. However, that would only happen if he manages to raise RM200,000 for 100 laptops in five days, with a countdown starting from December 26. This effort is part of …
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