Category Archives: Economics

“Been Busy” is not an Excuse!

HELLO!

Wow! I’m humbled by the amount of visitors that The Drinking Market is drawing and i promise to uphold it with the best of my abilities!

You must have wondered what have we been doing?! Well, you probably have not guessed it, but yeah, we’ve been rocking hard in 2013 and now, in 2014, we’re proud to say that we have gotten more recognition and interest from the public!

Just an update for you, our dearest fans, The Drinking Market have recently bought over a Food & Beverage business in the heart of Singapore, Orchard Towers. Our Directors have decided that this is it. We will and we would do something physical instead of talking only!

In Jan 2014, we officially took over Jane Thai Restaurant in Orchard Towers with the aim of encouraging local entrepreneurship and promote Asian cuisines. On the 13th of Jan 2014, Jane Thai Restaurant officially launched their Mookata Menu!!!

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Like their Facebook Page HERE

Opening Hours:

Monday: 3pm to 1am

Tuesday – Sunday: 6pm to 3am

Adding to our portfolio in 2014, The Drinking Market is also now out of Singapore, we’ve set our foot on our neighbour, Malaysia. We are currently consulting for a franchise brand in Kuala Lumpur, Malaysia. What is it?! Detail will be out the moment we launch it!

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Lastly, we never forget to give back to the society! Come 24th-26th of Jan 2014, our Director, Mr. Joel Low would be joining a team of professional Sommeliers and Restauranteurs such as the likes of Timothy Goh, Director of wines for the Les Amis Group with a Charity event and wine appreciation session at Capella Hotel, Sentosa, hosted by the “Godfather” of wines in Singapore, Dr. N.K. Yong!

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2013 was indeed crazy, but fulfilling at the same time, from a humble start-up behind a Macbook to an existing office space in Neil Road and a restaurant in Orchard, we have been busy, have you?!

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Avignonesi Wine Dinner @ Buona Terra – Advertorial

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Bored of having just a bottle of wine with your whole meal?

You’re in for a change this time!

Come 31st of October 2013, Certain Cellars alongside Chef Denis Lucchi from Buona Terra are organising a FIVE course pairing menu with the great wines from the family of Avignonesi.

For only $118++ per guest, you’ll be in for a treat!

Call or Email them for reservations now!

Tel: (65) 6733 0209    |    Email: reservation@buonaterra.com.sg

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TDM-ASIA makes your trip PAID for!

Seen that? Yes, it’s all true! TDM-ASIA alongside WorldVentures and Rovia, an award winning travel agent is bringing you to travel to be paid!

Let’s see what has ROVIA achieved, just in 2012!

  • Honoured with the Golden Apple. Premier Apple and Platinum Apple award for exceptional quality & service
  • Recognised by TRAVEL WEEKLY in 2012 with a GOLD Megellan Award for best community involvement programme
  • Recognised by TRAVEL WEEKLY in 2012 with a SILVER Megellan Award for best travel guides, ratings & reviews

Unheard of? You’ve seen the video, by now you would have realised how many people in the WORLD, yes WORLD have joined us in this PAID to TRAVEL lifestyle programme!

Interested to join us in this journey of travelling to be paid?

Don’t hurry to do it! Like all businesses, there’s always a term and condition. Let’s meet-up over SKYPE, VIBER, FACE-to-FACE, whatever! I just want you to know the whole idea of TDM-ASIA & WV!

Before you leave, let’s see another video of what some others are doing NOW!

CLICK on the PHOTO to view!

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Now, what’s your idea of fun? If you’re a self-confessed travel fanatic, LIKE ME, fill up the form at the bottom of this page and let’s keep in contact.

But… If you’re certain of joining the team of travellers, sign-up NOW !

 

The Weekend Khakis – Breathing Chinatown

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Working on a dying culture, a dying trade, a dying Heritage.

Singapore has definitely moved and changed so much over the last twenty years. Many of the Singaporean culture, heritage and values have developed because of commercialisation. In fact, looking back, life was much better though we weren’t as advanced as we are now.

Last week, we decided to find back our culture, a Singaporean Chinese culture. So we decided to make a trip down to Chinatown in search of our roots and also, to see how Chinatown has developed since the last time we were there.

Do you Know?

That in the early day when Sir Stamford Raffles and Lieutenant Jackson, the colony engineer, drafted the Town plan in Singapore, the Chinese immigrants were located at the SouthWest of the Singapore River?

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Interestingly, the dialect segregation also had an unintended effect on commerce in Chinatown – business owners, either for the convenience of communication or the comfort of the familiar, would often hire workers of their own dialect. This eventually led to trades being dominated by particular dialect groups:

The Hokkien, among the earliest to arrive in Singapore, took on trade and commerce and came to dominate as business owners.
The Teochew specialised in agriculture, with many making their fortunes from gambier and pepper.The Cantonese became miners and artisans, taking on occupations such as bricklayers, carpenters, woodcutters, tailors, jewellers and goldsmiths.

Like the Cantonese, the Hakkas worked in craft-related occupations but also dominated the niche trade of pawn broking.

The Hainanese were among the latest to arrive and had fewer options – they entered the service industries, and specialised in occupations associated with food and beverage, such as coffee stall holders, assistants, bakers, barmen and waiters. – No wonder i am in the F&B trade! 

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After the war, Chinatown gradually recovered and even flourished, entering into its ‘golden age’ in the 50s. She began to take on a character and popularity of her own. She became the ‘in-place’ for everything; people came here to get their marketing done, find the latest cut of cheongsam, get their fortunes told, celebrate festivals and meet their friends over dimsum. The streets thronged with all sorts – storytellers, streetside wayang, fortune tellers, hawkers, peddlers and travelling medicinal salesmen. The sights and sounds of Chinatown’s streets were the tales of early tourists and marked on postcards sent around the world.

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Soon, modernity came knocking. By the time the 70-80s came around, the rest of Singapore was changing. Public apartments were built in mass, allowing Singaporeans to break away from the cramped squalor and live in comfort. People moved out of shophouses and into new, high-rise flats built by the government – and Chinatown was no exception. Even the street stalls were relocated into the purpose-built Chinatown Complex.

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The charm of Chinatown seems to be lost, opening up to commercialisation, the vibe that we used to get when we were young seems to be diminishing. More and more developments and changes to meet the ever-growing influx of people coming into Singapore, perhaps one day we’ll lose everything. Probably it’ll just be another plot of land, a piece of land that we use to build homes, high-rise buildings and offices.

As for now, enjoy while you can!

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*P.s. In case you’re thinking why Ms. Small Girl has such big and rough fingers, that’s just me “hijacking” her self shot! Hahaha@@

Alternative Investment & Passive Income

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Have you considered having money cashing into your account while you’re deep in sleep?

Or have you considered having an alternative investment?

Earning your Interest in Banks? Perhaps not…

Let’s take a look at the interest rates of our banks in Singapore (Fixed Deposits).

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Commonly, many middle-income Singaporean, would be looking at depositing a fixed deposit of about 10K-50K at any given time. So, the highest interest rate we can see from the graph above is probably from the Bank of China or Standard Chartered at about 1.18% per annum (min. 12 months).

1.18%?

Let’s do the maths… if we were to invest $30K into a fixed deposit, that means, after 1 year of “safekeeping” it in a bank, we will be looking at earning a pathetic sum of $354 dollars.

For some of you, WOW! That’s good money huh?!

But let’s take a look at Singapore’s Inflation rate per year at the graph below:

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An average of 5% per year, so what make you think that with a 1.18% interest rate over a year of fixed-deposits would do you any good? So do you think you’re even earning anything?

Perhaps not right?

Well, what if today i tell you that you could perhaps double or triple your interest rates with the same amount of money?

Would you consider it?

I DID!

The people at Genesis-Global Gems & Jewellery have managed to come out with an Investment plan for you for a period of five years.

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BACKGROUND OF GENESIS GLOBAL:

“At Genesis-Global, we only deal with diamonds of the highest quality, carefully handpicked by our team of experts, ranging from very rare fancy coloured blues, pinks and yellows, to fancy shaped diamonds and the usual white round brilliant diamonds. 

Every white diamond that we supply bears the ultimate hallmark of excellence in polish, cut and symmetry*, as certified by none other than the World’s leading diamond grading authority, the prestigious Gemological Institute of America (GIA), which adheres to the Kimberley Process.

Such hallmark of excellence, combined with the other aspects, such as top colour and clarity, is the only assurance, by our standards, of the true investment value of a diamond that is worthy of your attention and appreciation.”

Perhaps… Perhaps… Perhaps!

If diamond investment is not your cup of tea, or perhaps you’re thinking if investing in Diamonds is a scam. Do not worry, to ease your worries, Genesis Global Gems & Jewellery is also listed in the Millionaire Magazine and all the diamonds available in-house are GIA certified.

Doesn’t convince you enough? let’s take a while and listen to what CNN MONEY has to say about investing in Diamonds. To watch the Video, click HERE

I’m Keen to know more!

If you’re keen to find out more about an alternative investment or perhaps you’re keen to purchase a piece of diamond studded jewellery for a much lower price, maybe you’re considering to get married and you’re looking for a alternative option or a one-of-a-kind diamond ring for your other half.

What’s better then Genesis Global that provides a one-to-one; by appointment only consultation that is absolutely FREE!

Do not hesitate to email me at: thedrinkingmarket@gmail.com

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Visit their Website HERE

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Fill up the form below with some of your questionnaires!

Know your Glasses! – Advertorial

Dear Alcoholics Connoisseur,

Jeannie Cho Lee MW is in town!

Moderating the Lucaris’ Master of Wine Seminar in Singapore, Jeannie Cho Lee MW will be guiding the participants through “The Perfect Encounter” Asian Palate & Wines of the World!

Here are the details:

Ticket prices @ only S$280

Day & Date: Thursday, 11th July 2013
Time: 1900hrs-2200hrs
Location: The Gallery, Grand Hyatt (Singapore)

For reservations E-mail: contact@lucariscrystal.com

Enjoy your wines!

 

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HEAL the WORLD – The Hazy Update

Taking a break from writing, i decided to flip through FB to see the updates on the haze that’s happening in Singapore, clearly, it has not changed. Though not surprised with the outcome, i was more pissed with the articles that i read about how our Indonesian counterparts reply to our sincere feedbacks and offer of assistance.

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“Singapore should not be behaving like a child and making all this noise,” Agung Laksono, the minister coordinating Indonesia’s response, told reporters.

“This is not what the Indonesian nation wants, it is because of nature.”

The minister for people’s welfare also insisted that Indonesia did not want any financial assistance to fight the fires from Singapore unless it was a large amount.

“If it is only half a million, or one million dollars, we don’t need that. We would rather use our own national budget,” he said.

What?! That actually came out of his mouth?! Where’s the thought that goes into his comments that he made?

To make matters worse, Hadi Daryanto, also attempted to shift some of the blame onto Malaysia and Singapore, saying their palm oil companies that had invested in Indonesia were also responsible.

– My Question Is –

If you decide to push the blame to the other countries, and knowing that this haze have been going on for more then a decade, then why are you not doing ANYTHING to it, but choose to point fingers and push the blame to anyone but yourselves?

The theory is that, even if a foreign country who throws heavy investments into Singapore, and if they do anything illegal or harmful to the country, they too will be PROSECUTED and dealt with accordingly! So what’s with this pushing of blame?

This is YOUR country, YOUR Indonesia, NOT MINE!

So why should i care?

The only reason why i care now is because you’re throwing your SHIT to us and limiting your own responsibilities!

“If it is only half a million, or one million dollars, we don’t need that. We would rather use our own national budget,”  – Agung Laksono.

Isn’t this MONEY? You retard, how arrogant are you to make such claims and accounts! It’s probably time for you to wake up and let the our dearest LEE handle your situation, also, I suggest that you pay Singapore the half a million or one million to our Charitable Organizations who are actively raising funds to protect the well-being and health of our Singaporeans that you’re now RUINING!

On a serious note, we love Indonesia and the diverse cultures you have, but DO NOT FORCE OUR PEOPLE AND THE PEOPLE AROUND THE WORLD WHO ARE WATCHING YOU TO BLACKLIST YOU ON THEIR NEXT TRAVEL ITINERARY BECAUSE OF YOUR LACK OF FORESIGHTS AND EGOISTIC COMMENTS!

For once, Be PRACTICAL and start working on it!

Meanwhile for our dearest Singaporean, here’s a great suggestion from our DJ Rosalyn Lee on the means to tackle haze:)

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Leaving you again with one of Michael’s greatest piece: Heal The World!