It’s tough work making any business profitable, much less a social enterprise. Despite this challenge, Edible Garden City (EGC) has recorded a whopping S$ 1.4 million in revenue in 2018, which later skyrocketed to S$ 1.7 million in 2019, the highest since the company’s inception. For an urban farm which …
Read More »How 2 S’poreans Built A US$23M Taiwanese Street Snacks Empire With 250 Outlets Worldwide
This year, Snack Empire was one of only six Singaporean companies to make it to Forbes Asia’s Best Under A Billion list with a market value approximating US$ 23 million (S$ 31.3 million). Best known for its signature XXL Crispy Chicken, Snack Empire owns the Shihlin Taiwan Street Snacks brand, …
Read More »From Prawn Mee To Massage Chairs: How OSIM Billionaire Founder Built A Net Worth Of US$1.3B
For years, OSIM has been a household name in Asia, known for their luxury massage chairs. Recently, OSIM even launched a gaming massage chair in collaboration with Predator that took the internet by storm. The man behind OSIM is Singapore-born Ron Sim, who has an estimated net worth of US$ …
Read More »Jewel Changi To MRT Stations: This Multimillionaire Family Built S’pore Landmarks For 4 Gens
Gardens By The Bay, Jewel Changi Airport, MRT stations and shopping malls are likely images that pop up in the minds of people when Singapore is mentioned. These globally acclaimed landmarks — and many more — are the work of one family-run company that has been around for almost a …
Read More »Almost Billionaires: How 6 S’pore Top Multi-Millionaires Built Fortunes Worth Above US$800M
Singapore is one of the richest countries in the world, and among those with the densest population of millionaires. Out of approximately 5.6 million people living here locally, over 269,000 people were recorded as millionaires in 2019. That number is set to grow and hit 363,000 by 2024. At the …
Read More »Meet The Lady Who’s Built A Brand On Fine Dining Reviews In M’sia—And It’s All Self-Paid
If you’re a foodie that’s addicted to Instagram, you may have come across one Malaysian account that has been growing fast, amassing a following of almost 16,000 users in just under 4 months. Last I checked her account (which was about a week ago), she was at 14,800 followers. That’s …
Read More »How 2 Spicy-Loving Sisters Built A Chilli Biz In S’pore – Sells Hundreds Of Bottles A Month
Chilli is typically dubbed as a staple spice in Singapore. From chilli crab to Hainanese chicken rice, chilli always seems to make an appearance, whether as the star or an accompaniment. Singaporeans who have lived abroad for some time often fondly remember bringing along with them bottles of the red …
Read More »This Startup Built A Chatbot To Automate Hiring – Counts DBS, Singtel, Gov’t Firms As Clients
Singapore is possibly in the height of its recession, with the economy contracting by 13.2 per cent year on year in the second quarter. The unemployment rate is also at a 10-year high, and it seems like many Singaporeans — both fresh graduates and mid-career — are scrambling for jobs. …
Read More »How Three Billionaire Founders Built S’pore’s First Tech Unicorn – Now Valued At US$65B
Forbes recently unveiled its list of 2020 Forbes Singapore Rich List, which highlighted the top 50 richest in Singapore. One interesting finding is that all three of Sea’s co-founders are included in the list. Chairman and CEO Forrest Li added US$ 5.53 billion to his wealth and entered the ranks of …
Read More »