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As local businesses in Singapore get squeezed by rising rents, many are shutting their doors, and increasingly, what replaces them are Chinese-owned businesses. In neighbourhoods like Kampong Glam, the surge has sparked concerns over the erosion of local heritage and culture. If this trend continues unchecked, are we looking at an economic takeover similar to what’s happened in places like Jeju and London?
(04:33) Review of Ministers’ Salaries
(10:00) Rise of Chinese businesses
(16:35) US’ interest in Greenland
(19:00) Iran Protest
By News BeatAs local businesses in Singapore get squeezed by rising rents, many are shutting their doors, and increasingly, what replaces them are Chinese-owned businesses. In neighbourhoods like Kampong Glam, the surge has sparked concerns over the erosion of local heritage and culture. If this trend continues unchecked, are we looking at an economic takeover similar to what’s happened in places like Jeju and London?
(04:33) Review of Ministers’ Salaries
(10:00) Rise of Chinese businesses
(16:35) US’ interest in Greenland
(19:00) Iran Protest