Singapore’s Gig Economy Workers Face New Financial Challenges: Rising Living Costs Drive Increase in Essential Loans

Singapore, Singapore – In a recent study by fintech firm Lendela, it has been revealed that platform workers in Singapore, encompassing delivery riders and private-hire drivers, are gradually improving their debt management skills. Notably, debt consolidation, which once led the reasons for borrowing among these workers, has dropped by 15 percent over the past two years. Despite these improvements in financial handling, the persistent rise in living expenses continues to challenge these individuals, shifting the borrowing trend towards covering daily living costs. According to Lendela’s findings, more than a third of delivery riders and approximately … Read more

Singapore’s ‘Wonderland’ Emerges Victorious at Palm Springs Film Festival, Showcasing the Power of Independent Cinema

PALM SPRINGS, California – Singapore’s independent film, ‘Wonderland,’ has received the prestigious Local Jury Award at the Palm Springs International Film Festival. This recognition not only brings attention to the film itself but also highlights the potential of Singaporean cinema on the global stage. Directed by Chai Yee Wei and produced by Mocha Chai Laboratories, ‘Wonderland’ tells a captivating story set in the 1980s. The film revolves around Loke, played by Mark Lee, a single father who fabricates a lie to his daughter Eileen, portrayed by Xenia Tan. This lie influences Eileen’s decision to move … Read more