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Howdy! We are a news and current affairs website with a special focus on all things business-related. Our tagline is "Something Different." What you will get from this channel are mainly interviews with the movers and shakers in the business and also some of our exclusive articles read by us. For compliments and comments email us at editor@dailystraits.com and please consider becoming our paid subscriber too. Thank you! read less
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Episodes

Exclusive: Percy Hung on Choco Up's Journey and Vision
17-03-2024
Exclusive: Percy Hung on Choco Up's Journey and Vision
In an insightful interview with Dailystraits.com, Choco Up co-founder and CEO Percy Hung shared the captivating journey of how he and his university friend Brian Tsang pivoted from their initial forays into e-commerce to establishing Choco Up, a premier revenue-based financing platform in Asia. The Genesis: From E-Commerce to Choco Up The story begins in 2008, with Percy delving into e-commerce by sourcing products from China to sell in the U.S. through eBay. Despite the rudimentary internet and logistics infrastructure of the time, Percy's early ventures laid the groundwork for his entrepreneurial journey. Reflecting on these experiences, Percy highlighted the steep learning curve and the significant challenges, from high setup costs to navigating consumer returns and account suspensions. Percy and Brian's collaborative efforts led to several ventures, including cloud kitchens, cafes, and direct-to-consumer brands, before the inception of Choco Up. Each experience sharpened their understanding of the business world, from managing physical stores to leveraging data analytics for e-commerce success. The Birth of Choco Up The idea for Choco Up emerged from their collective experiences and the recognition of a gap in the market for new economy businesses unable to secure traditional bank financing. Choco Up offers an innovative revenue-based financing solution, adapting a model familiar in the West to the unique market dynamics of Southeast Asia and Australia. Fueled by their own capital initially, Percy and Brian navigated early challenges by demonstrating the viability of their business model. Their breakthrough came with significant investment from a NASDAQ-listed company, propelling Choco Up into a leading position in the industry. Choco Up Today Today, Choco Up has funded over 700 businesses with more than $150 million USD, offering financial support ranging from $10,000 to $1 million USD based on the businesses' revenue. The platform utilizes advanced algorithms and data analytics to streamline the funding process, providing quick and efficient financial solutions to businesses across Singapore, Australia, Malaysia, and Hong Kong. Percy and Brian's journey from e-commerce entrepreneurs to fintech innovators exemplifies the power of resilience, innovation, and strategic pivoting in the business world. As Choco Up continues to expand and support more businesses, its founders' commitment to providing an "energy boost" to the market remains unwavering, much like the uplifting effect of chocolate they liken their company to.
News: Rising Forced Labour Crimes
16-03-2024
News: Rising Forced Labour Crimes
The Australian Federal Police (AFP) is highlighting a concerning uptick in reports of forced labour and exploitation within Australia, signaling an almost 50% increase over the past five years. As of the current period since 2018-19, a total of 178 incidents have been reported, shedding light on a disturbing trend affecting both domestic and overseas workers seeking employment in the nation. Forced labour, a severe form of human trafficking, involves coercing, threatening, or deceiving individuals to work against their will. Victims often face physical and psychological abuse, endure poor working conditions, and find themselves in debt bondage, believing they owe a significant debt to their employers. Australia, known as a migration corridor for temporary workers, particularly from the Asia-Pacific region, has seen migrant workers fall prey to exploitation due to factors like visa status, limited understanding of Australian worker rights, cultural barriers, and social isolation. AFP Commander Helen Schneider voiced concerns over criminals targeting vulnerable individuals for exploitation through deceptive recruitment methods. Recent cases underscore the severity of the issue. In one instance, a Victorian man was sentenced for forcing a victim to work under grueling conditions for two years, while another case involved a Darwin man charged with similar offences after allegedly recruiting deckhands through deceptive means, leading to their forced labor without pay. These incidents prompt the AFP to urge individuals, especially those hired for seasonal or temporary work in sectors like agriculture, construction, hospitality, and manufacturing, to be vigilant of forced labor indicators. The AFP's efforts to combat these crimes include using technology, developing training programs, and collaborating with state, territory, and non-government organizations. The AFP encourages anyone suspecting forced labor or exploitation to report via their confidential online form or contact number. For immediate safety concerns, the public is advised to dial Triple Zero (000). Information and support for exploited workers are available through the Work Right Hub, Anti-Slavery Australia, and the Australian Red Cross's Support for Trafficked People Program.
Simran Kaur: From Sydney Start-Up to Malaysian Success
24-01-2024
Simran Kaur: From Sydney Start-Up to Malaysian Success
In this podcast episode, we feature Simran Kaur, the co-founder of Pounce Agency, who shares her inspiring journey from Malaysia to establishing a successful digital marketing agency in Sydney and its expansion back to Malaysia. Simran's story begins with her moving from Malaysia to Australia as a teenager. Her time at Taylor's College and the University of Sydney is explored, highlighting how she balanced her studies with various jobs, laying the foundation for her career in marketing. Simran recounts the early days of Pounce Agency, started in 2016 with just $10,000 in savings. The discussion delves into the challenges she faced, the rapid growth of the agency, and how her networking skills and market understanding were crucial to its success. The episode also touches upon her experiences in the male-dominated tech industry, focusing on navigating gender biases and the importance of working with clients who share her values and respect. Key milestones for Pounce Agency are discussed, including securing Panasonic as a major client. Simran opens up about her personal growth, including marrying her business partner Rex, and how their partnership has been integral to the agency's success. The strategic decision to expand Pounce Agency to Malaysia is covered, highlighting Simran's insights into the establishment of Pounce Agency Malaysia and its early successes. Simran offers valuable advice to Malaysian entrepreneurs aspiring to start a business in Australia, emphasizing the need for thorough research, engaging with local networks, and understanding market dynamics. The podcast concludes with Simran reflecting on her journey, blending personal anecdotes with professional advice, and sharing her vision for Pounce Agency in the digital marketing world. Listeners are encouraged to listen to the full interview with Simran Kaur to gain a deeper understanding of her journey and insights into bridging diverse markets across continents.
Podcast: Carma's Digital Drive
21-01-2024
Podcast: Carma's Digital Drive
In an exclusive interview on the renowned podcast "30 Minutes with DailyStraits.com," host June Ramli delved into the fast-evolving world of digital car dealerships with a special guest, Peter Willis, the Director of Buying at Carma. With a rich history in the automotive industry dating back to 1997, Willis has become a notable figure, especially in car auctioning and valuation. Carma, a pioneering fully digital used car dealership, has been making significant strides under Willis's guidance. His role in vehicle sourcing, purchasing, and valuation has been pivotal in ensuring Carma's commitment to providing top-quality pre-owned vehicles and a reliable buying experience. During the insightful discussion, Willis shed light on the origins and impact of Carma in the used car market. He discussed the innovative approach that led to Carma's inception and how it has transformed the way used cars are traded. A fascinating aspect of the conversation revolved around Carma's sales achievements and trends. Willis provided detailed insights into the number of vehicles sold to date and the emerging patterns observed in their sales data. For individuals looking to sell their cars through Carma, Willis outlined the essential steps and considerations, emphasizing ease and efficiency. He also offered specific advice for single women navigating the online car selling process, traditionally dominated by men, empowering them with strategies for success. Addressing the needs of migrants unfamiliar with the automotive market in their new countries, Willis explained how Carma simplifies the car buying process, making it accessible and transparent. The discussion also touched on the pros and cons of using Carma compared to other platforms like Facebook Marketplace, highlighting the unique advantages Carma offers. Willis took the audience through the listing, presentation, and sales process on Carma's platform, giving an insider's view of the company's operational dynamics. He also spoke about the unique features and services that enhance the customer experience in both buying and selling cars through Carma. A key part of the conversation was focused on the types of cars currently in high demand on Carma, with Willis providing his expert view on evolving market trends. Looking towards the future, Willis shared exciting plans for growth and innovation at Carma, hinting at new developments in the online car marketplace. The interview concluded with Ramli thanking Willis for his insightful contributions and reminding listeners to support the podcast by liking and sharing the episode. She invited the audience to stay tuned for more enlightening discussions in future episodes of "30 Minutes with DailyStraits.com." Without further ado, let's listen to the interview below.
Gamer CEO Redefines Wellness
29-12-2023
Gamer CEO Redefines Wellness
Welcome back to "30 Minutes with DailyStraits.com," I'm June Ramli, your guide to insightful conversations. Today, we're joined by a unique visionary, Bryan Reedy, CEO of Gamer Advantage. Hailing from Eastern Michigan, Bryan's life took a significant turn at age 10 with a Type 1 Diabetes diagnosis. This challenging period, combined with his passion for Nintendo 64, shaped his outlook on health and wellness. Bryan's academic path led him to Eastern Michigan University, where he immersed himself in Film Studies and Broadcasting. His initial foray into the media world began with an innovative FM gamer radio talk show in Detroit, although it was a brief venture. Bryan then pivoted to the finance sector, sharpening his expertise in marketing and management. A critical shift in his career occurred when Bryan entered the eyewear industry, where he developed an interest in merging technology with eyewear. In 2018, this interest culminated in the founding of Gamer Advantage, a company dedicated to improving the well-being of gamers through cutting-edge technology. As CEO, Bryan is committed to creating products that help gamers find a healthy balance between their gaming passion and rest. In our conversation with Bryan, we'll explore various facets of his journey: The motivation behind shifting from finance to the eyewear sector.The inception story of Gamer Advantage.How Gamer Advantage caters to the unique needs of gamers.Overcoming obstacles in establishing Gamer Advantage as a reputable brand.Striking a balance between innovative and practical in product design.The influence of Bryan's health experiences on his company's ethos.Predictions on the convergence of gaming and wellness.Bryan's guidance for budding entrepreneurs in the gaming realm.The roadmap ahead for Gamer Advantage.A personal gaming story from Bryan that holds special significance.
Scoot Boots: Equine Revolution
28-12-2023
Scoot Boots: Equine Revolution
Welcome to another episode of "30 Minutes with DailyStraits.com." In today's show, we're exploring the fascinating world of Scoot Boots, an Australian trailblazer in equine footwear. This innovative company, renowned for its alternative to traditional metal horseshoes, has been honored with the E-Commerce Exporter of the Year Award at the 61st Australian Export Awards. Our focus today is on the remarkable journey of Scoot Boots from a mere concept to a globally recognized brand. We'll delve into the initial steps and investments that paved the way for their establishment, and the unique advantages of using thermoplastic urethane in their products. Our guests, co-founder David Macdonald and CEO Annette Kaitinis, will share insights on how Scoot Boots enhance horse comfort and hoof health, setting them apart with their distinctive hoof-hugging design. We're also excited to discuss the future directions of Scoot Boots, including upcoming innovations and plans for market expansion. The environmental benefits of their products, compared to traditional metal horseshoes, will be a key point of discussion too. An important part of their success story is their strategic approach to e-commerce, which significantly contributed to their international recognition. We'll delve into the challenges and strategies involved in expanding into nearly 100 countries, with a special focus on markets like Saudi Arabia, Lithuania, and Russia. Moreover, we'll explore how Scoot Boot leverages social media for customer engagement and how this has played a pivotal role in their overall marketing strategy. Lastly, we'll touch upon the impact of winning the E-Commerce Exporter of the Year Award on their brand visibility and future business prospects. So, without further ado, let's welcome David and Annette to the show and dive deeper into the story of Scoot Boots and their incredible journey in the equine industry.
Podcast: Unveiling the World of Dental Health
26-12-2023
Podcast: Unveiling the World of Dental Health
In a recent captivating episode of "30 Minutes with DailyStraits.com," hosted by June Ramli, listeners were treated to an enlightening conversation on dental health. The guests of honor were Dr. Reuben Sim and Dr. May Chan, esteemed University of Adelaide alumni and co-founders of the renowned Dental Boutique. Since its inception in Balwyn in 2013, Dental Boutique has witnessed remarkable growth, now operating multiple locations across Australia and in Auckland, distinguishing itself in the field of cosmetic dentistry. Throughout the discussion, Dr. Reuben and Dr. May, known for their commitment to creating a judgment-free dental space, shared their wealth of knowledge, covering a range of topics from the best practices in oral health to the intricacies of cosmetic dentistry. They elaborated on the importance of proper oral care, especially for those using or considering aligners, and highlighted the distinctions between cosmetic and traditional dental procedures. Listeners were guided through the pros and cons of seeking dental treatments overseas, understanding the differences in standards, costs, and risks compared to local treatments. The doctors shared intriguing case studies, showcasing the transformative power of aligner treatments and the possible consequences of inadequate dental care. Addressing the concerns around direct-to-consumer aligner brands, they provided advice for consumers facing sudden closures of these brands and discussed the alternatives available for those midway through their treatments. Furthermore, they cautioned against the rising DIY dental trends popularized by platforms like TikTok, emphasizing the potential harms and urging public awareness. A significant part of the conversation was dedicated to understanding the quality control standards in Australian dental care versus popular dental tourism destinations. The co-founders shared their insights into the legal protections and recourse available in Australia, which might not be accessible with overseas treatments. The episode concluded with heartfelt gratitude from the host to Dr. Reuben Sim and Dr. May Chan for their invaluable contributions and expertise. This installment of "30 Minutes with DailyStraits.com" not only educated listeners on various aspects of dental health but also highlighted the importance of informed decision-making in dental care choices. For those intrigued by this episode and eager for more, the podcast promises an array of fascinating guests and discussions in future episodes, continuing its journey of exploring diverse and compelling topics.