Middle East Conflict's Impact: Singapore's Perspective

Politics & Economy News

Middle East Conflict's Impact: Singapore's Perspective
Middle East ConflictSingapore EconomyFood Prices

Examining the fallout from the Middle East conflict on Singapore, including rising prices, operational shifts of companies like Yeo's, job market changes, and the new beverage container return scheme. Experts discuss potential hidden impacts and Singapore's resilience.

Countries are feeling the ripple effects of the Middle East conflict, some bearing the brunt more than others. Are rising food and fuel prices only the tip of the iceberg? What is the hidden fallout we should be watching out for? Is there a silver lining for Singapore in this crisis? Steven Chia and Tiffany Ang sit down with Dr Reuben Ng from the Lee Kuan Yew School of Public Policy and Denise Cheok from Moody’s Analytics to find out what will happen if the conflict drags on.

Homegrown companies like Yeo's and Tiger Beer maker Asia Pacific Breweries Singapore are shifting their operations to neighbouring countries and some jobs will be cut as part of the move. What does this signal about Singapore’s competitiveness in the region and what other jobs do we want to create? Steven Chia and Tiffany Ang speak with Karen Teo, country manager for recruitment firm Quess Singapore and Professor Sumit Agarwal from National University of Singapore to examine which jobs will be hit the hardest when companies move overseas.

With Singapore's beverage container return scheme now underway, the next few months will test how well consumers, retailers and producers adapt to the new refundable deposit system. Will a 10-cent refund be enough to change recycling habits, or will convenience and confusion get in the way? Steven Chia and Tiffany Ang speak with Stephanie Yip, chief executive officer of scheme operator BCRS Ltd, and Lionel Dorai, executive director of ZeroWaste SG, to unpack the mechanics of the scheme and how it could foster a broader culture of waste awareness.

Deep Dive - Singapore's restaurant closures: Why is it closing time for some in the F&B scene? Running a business in Singapore is no easy feat, especially in the fiercely competitive F&B scene. For every outlet that closes, another quickly steps in. But does this constant churn signal a thriving industry or does it point to a growing challenge for local entrepreneurs competing against well-funded foreign players? In this week’s Deep Dive, Steven Chia speaks with co-founder of The Black Hole Group Mustaffa Kamal and restaurant industry watcher Debbie Yong to unpack what it really takes for F&B establishments to stay relevant and profitable in one of the toughest dining landscapes around.

AI is already transforming the classroom by reshaping the way students learn and teachers teach. But as AI becomes more powerful, how do we protect space for original thought and creative thinking? Steven Chia and Tiffany Ang sit down with Senior Minister of State for Education Janil Puthucheary to unpack AI's role in the classroom, and how the recent merger of SkillsFuture and Workforce Singapore will better align training with future job needs.

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Middle East Conflict Singapore Economy Food Prices Job Market Business Relocation

 

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