Ever wondered what it's really like to run a business in China? From surviving the early 2000s recession to building innovative platforms, learn how these two seasoned Singaporean entrepreneurs spent over a decade building their ventures in the world's second-largest economy. Expect raw, unfiltered insights about the real challenges, unexpected opportunities, and what it truly takes to succeed in China's fast-paced business environment.

Guests:

• Roy Lin, Founder, GenTM—13 years in Shanghai, social entrepreneur focusing on connecting master tailors globally
• Keith Ng, Founder, Emilica Homes—22 years in Kunshan—runs a furniture manufacturing business with 200+ employees

Key highlights from our conversation:

• The unexpected journey that turned a two-year China stint into a decade-plus adventure
• Why some Singaporean entrepreneurs are still finding unprecedented opportunities in China's evolving economy
• Raw truths about running a business in China—from late-night negotiations to navigating complex regulations
• A fascinating new venture to revolutionize the global tailoring industry
• Compelling insights about China's intense work culture and what it means for aspiring entrepreneurs

Whether you're an entrepreneur eyeing the Chinese market, curious about international business, or interested in understanding the real story behind China's economic transformation, this episode offers authentic perspectives from someone who's lived it firsthand.

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Act now to claim exclusive rewards: New users receive a USD100 sign-up bonus with code “EXCLUSIVEOFFER” (valid until 31 May 2025). Dive into effortless global transactions today:

🔗 Explore the World Card

🔗 Claim Your USD100 Sign-up Bonus

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00:54 Introducing Roy Lin, Founder of GenTM

01:59 Introducing Keith Ng, Founder of Emilica Homes

08:33 How affordable is the cost of living in Kunshan?

16:48 Are the costs different or similar across the zones?

22:38 Does the trade wars affecting the quality of life?

24:38 How does the labor law works in China?

29:28 With the difficulties of living in China, Why would you still stay?

32:58 For the upcoming entrepreneur, how do you encourage them?

36:18 Despite all the struggles, is it truly worth it?

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Disclaimer: The content discussed in this episode is intended for educational purposes only and should not be considered as financial advice. The information provided is based on our understanding at the time of recording and may not reflect the current regulations or market conditions. The opinions expressed by guests are their own and do not necessarily represent those of The Financial Coconut. Please do your due diligence before making any investment or financial decisions.

Help us get to know you better: http://bit.ly/thefinancialcoconut-survey

Hosted on Acast. See acast.com/privacy for more information.

Curious how Singapore’s annual Budget comes to life?

Tune in as our hosts Reggie and Adrian, author of “No More Bosses,” dive deep with two top minds from the Ministry of Finance (MOF):

- Lim Ming Jing (Director, Social Programmes) and

- John Koh (Budget 2025 Director and concurrently Director, Security & Resilience Programmes)

What’s in store?

- Behind-the-scenes revelations on balancing immediate concerns (think CDC vouchers!) with longer-term nation-building.

- Why vouchers over cash?

- The story behind SkillsFuture’s evolution—and how your feedback shapes policies.

- "Theory of Change": How ministries pitch ideas (and why some get funded while others don’t).

- Candid takes on taxing wealth, ageing populations, and why your family’s income matters more than you think.

Ming Jing and John pull back the curtain on the gritty realities of policy-making—from managing public concerns to competing global pressures. Whether you’re a policy nerd or just want to know where your tax dollars go, this episode is packed with aha moments you won’t hear anywhere else.

Tune in for a masterclass in governance—and find out why even middle-class Singaporeans might rethink their gripes about the Budget.

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Welcome to The Financial Coconut, your source for empowering financial knowledge and unlocking possibilities. Join us as we explore personal finance, investing and more.

Get ready to take control of your financial future and live your best life, financially wise: https://linkin.bio/thefinancialcoconut

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Disclaimer: The content discussed in this episode is intended for educational purposes only and should not be considered as financial advice. The information provided is based on our understanding at the time of recording and may not reflect the current regulations or market conditions. The opinions expressed by guests are their own and do not necessarily represent those of The Financial Coconut. Please do your due diligence before making any investment or financial decisions.

Help us get to know you better: http://bit.ly/thefinancialcoconut-survey

Hosted on Acast. See acast.com/privacy for more information.

Did you know your lifetime healthcare insurance could cost nearly a million dollars?

Join special guests as they pull back the curtain on the jaw-dropping mechanics of Integrated Shield Plans:

• Alex Lee, Chief Actuary
• David Wu, Minimalist in the City & Financial Coach
• Eddy Cheong, CEO of Havend

In this episode, uncover:

• Why premiums keep skyrocketing — and the hidden "buffet syndrome" driving your costs up.
• The real impact of medical inflation and how it’s quietly draining your savings.
• Expert strategies to decide: Do you REALLY need that premium plan?
• A candid debate on public vs. private healthcare — is faster treatment worth the price tag?

Eddie brings insider insights on conflict-free insurance advice, while Alex breaks down the actuarial secrets behind pricing and reserves.

"It’s not just insurance — it’s a climate change-level problem we’re creating for each other."

Don’t miss this eye-opening deep dive into one of Singapore’s most pressing financial dilemmas. Whether you’re 25 or 65, this episode could save you hundreds of thousands in the long run.

Tune in now — before your next premium renewal hits!

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Unlock global business potential with WorldFirst:

Your all-in-one business account for global payments. Pay in 100+ currencies, collect in 20+ currencies with local bank details including USD, MYR, THB, CNH and more by opening a zero-cost multi-currency account. No minimum balance required. Enjoy unlimited 1.2% cashback on business expenses with their World Card!

Act now to claim exclusive rewards: New users receive a USD100 sign-up bonus with code “EXCLUSIVEOFFER” (valid until 31 May 2025). Dive into effortless global transactions today:

🔗 Explore the World Card

🔗 Claim Your USD100 Sign-up Bonus

---

Welcome to The Financial Coconut, your source for empowering financial knowledge and unlocking possibilities. Join us as we explore personal finance, investing and more.

Get ready to take control of your financial future and live your best life, financially wise: https://linkin.bio/thefinancialcoconut

[Connect with us]

Instagram

Telegram

Whatsapp

Newsletter

Disclaimer: The content discussed in this episode is intended for educational purposes only and should not be considered as financial advice. The information provided is based on our understanding at the time of recording and may not reflect the current regulations or market conditions. The opinions expressed by guests are their own and do not necessarily represent those of The Financial Coconut. Please do your due diligence before making any investment or financial decisions.

Help us get to know you better: http://bit.ly/thefinancialcoconut-survey

Hosted on Acast. See acast.com/privacy for more information.