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☆ Here's how much it costs to rent a 1-bedroom apartment across 10 major cities in Asia
▼ + stars: | 2024-05-03 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: 1 min

Here's the median price to rent a 1-bedroom across 10 cities in Asia. Renting a place is a big financial decision, especially when choosing to live in a major city where price tags are particularly hefty. The general rule of thumb is to spend no more than approximately 30% of your pre-tax income on rent, according to financial experts. Based on data gathered in April from various government websites and large real estate marketplaces in each country, researchers at the Global Property Guide compiled a list of median rental prices across several major cities in Asia. The numbers listed below are based on the median buying price per square meter and the median monthly rental price for a 1-bedroom apartment in the most expensive region within each respective city:

Organizations: Global Locations: Asia

☆ 86% of expats report being stressed out, but study suggests they may also cope better with burnout
▼ + stars: | 2024-04-30 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +5 min

Globally mobile employees often have... a mental and physical feeling of being healthy, capable, and energetic – and a strong sense of meaning and purpose. So why do globally mobile individuals score higher on vitality despite reporting higher stress and burnout levels compared to local counterparts? Globally mobile employees emerge as a highly valuable and resilient segment of the workforce. Despite facing unique stressors associated with their situation, they exhibit distinct skills and a high level of motivation, resulting in higher vitality. 2024 Cigna Healthcare Vitality Study

Persons: Ernestine Siu It's, Wendy Sherry, Sherry Organizations: Healthcare, Global Health, International Health, Cigna, Cigna Healthcare, Financial Locations: United States, Singapore, U.S, Spain, Netherlands, Belgium, Switzerland, Kenya, United Arab Emirates, Saudi Arabia, China, Hong Kong, Asia, Middle East, Africa, UAE, Europe

☆ This 35-year-old had 5 failed businesses before starting her grocery store chain – now it brings in over $8 million a year
▼ + stars: | 2024-04-25 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

Gek Teng Pang founded Surrey Hills Grocer in 2021. Success didn't come easy for Pang Gek Teng. Today, she is the proud founder and CEO of Surrey Hills Grocer, an Australian-inspired grocer and café brand with five locations across Singapore. Navigating the entrepreneurial worldBetween quitting her job and starting Surrey Hills Grocer, Pang founded five different businesses. Pang opened her first Surrey Hills Grocer store in December 2021, and eventually went on to open four other locations.

Persons: Gek Teng Pang, Pang Gek Teng, Pang, That's, —, Alvin Lau, she's Organizations: Surrey Hills Grocer, CNBC, Surrey Hills, University of Newcastle, CNBC she's Locations: Singapore, Australian, Australia, Surry Hills

☆ Here are the top 10 smartest cities in the world — and none are in the U.S.
▼ + stars: | 2024-04-22 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

These are the ten smartest cities in the world, according to IMD. This year's index was produced by the IMD World Competitiveness Center's Smart City Observatory in collaboration with the World Smart Sustainable Cities Organization (WeGO) that's based in Seoul, South Korea. Smart cities in Europe and Asia are gaining ground globally while North American cities have fallen down the ranks, according to the 2024 Smart City Index released April. Here are the top 10 smart cities, according to the 2024 Smart City Index. While European cities dominated the list, Asian cities are gaining ground too.

Persons: Bruno Lanvin, Lanvin Organizations: IMD, Smart, Smart Sustainable Cities Organization, United Arab Emirates, Washington DC, San, U.S, Boston, CNBC Locations: Seoul, South Korea, Europe, Smart, Asia, Zurich, Switzerland Oslo, Norway Canberra, Australia Geneva, Switzerland Singapore Copenhagen, Denmark Lausanne, Switzerland London, England Helsinki, Finland Abu Dhabi, Denver, Los Angeles, San Francisco, New York City, Chicago, Singapore, Beijing, Taipei City, Shanghai

☆ Here are the top 15 companies in Singapore to work for, according to LinkedIn
▼ + stars: | 2024-04-17 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +1 min

These are the top companies to work for in Singapore in 2024, according to LinkedIn. Banks dominated the top 5 best companies in Singapore to work for, according to LinkedIn's list on the best workplaces in the country in 2024. "Commercial banking firms from banking to insurance and digital payments, dominated the 2024 LinkedIn Top Companies in Singapore, comprising more than half of the top 15 (up from 5 in 2023)," Pooja Chhabria, head of editorial for Asia-Pacific for LinkedIn told CNBC Make It. The list, released Wednesday, only includes companies that had at least 500 employees in Singapore as of the end of 2023. Here are the top five names on LinkedIn's 2024 list for Singapore:

Persons: Banks, Pooja Chhabria Organizations: LinkedIn, Companies, CNBC Locations: Singapore, Asia, Pacific

☆ These are the top 5 companies to work for in India, according to LinkedIn
▼ + stars: | 2024-04-16 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +1 min

These are the 2024 top companies in India, according to LinkedIn. LinkedIn has released its eighth annual list of top companies to work for in India, and companies that prioritized its employees' experience and growth dominated this year's ranking. "Whether it's launching upskilling initiatives to accelerate the AI proficiency of their professionals or offering flexible working arrangements, these are the companies leading the way in attracting professionals as well as retaining them in our ever-changing world of work," says Pooja Chhabria, LinkedIn career expert. The ranking is based on eight pillars: the ability to advance, skills growth, company stability, external opportunity, company affinity, gender diversity, educational background, and employee presence in the country. Here are the top 5 places to work for in India in 2024, according to LinkedIn:

Persons: Pooja Chhabria Organizations: LinkedIn Locations: India

☆ What 'vibecession'? Some 80% of people in Singapore say they're bullish about the economy
▼ + stars: | 2024-04-10 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +3 min

Almost 80% of Singaporeans are optimistic about the economy, according to SurveyMonkey's 2024 poll. Damircudic | E+ | Getty ImagesMajority of the residents in Singapore are bullish about where the economy is headed and confident that the government will be able to support them during their retirement. The results in Singapore buck the global trend, where less than half the adults polled are positive about where their economy is going. The survey gathered results from over 4,300 adults living across Australia, France, Germany, Mexico, Singapore, Spain, Switzerland, the United Kingdom and the United States between March 8 and 25. That's despite predictions by the International Monetary Fund that the global economy is approaching a "soft landing" and that inflation is slowly moderating.

Persons: SurveyMonkey, Eric Johnson, joblessness Organizations: Getty, CNBC, International Financial Security, International Monetary Fund, United Locations: Singapore, Mexico, U.S, Australia, Germany, France, Spain, Switzerland, United Kingdom, United States, States

☆ The 'sandwich generation' faces pressure as the world ages — here are 3 tips to prevent burnout
▼ + stars: | 2024-04-09 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +5 min

"There's this tendency in the welfare state to sort of outsource the elderly care," Jan-Emmanuel De Neve, director of the Wellbeing Research Centre at Oxford University told CNBC Make It. Although home-care for the elderly improves their wellbeing, it can also place pressure on younger generations. The so-called sandwich generation refers to middle-aged people who have elderly parents to care for, as well as their own children who are still dependent on them. The younger generations have to support their elderly parents or grandparents. "This would entail defining one's family value system, setting out personal goals, life aspirations, allocating and committing personal resources," Wong suggested.

Persons: Momo, John Wong, Jan, Emmanuel De Neve, Wong, Jialu Streeter, boomers, Streeter Organizations: WHO, Getty, National University of Singapore's, Science, CNBC, World Health Organization, United Nations, Economic, Oxford University, Loo Lin, of Medicine, NUS, Stanford Institute for Economic, Pew Research, Stanford Institute for Economic Policy Research Locations: Hong Kong, South Korea, Japan

☆ Looking for a job after a layoff? Here are 5 tips on how to land your next role
▼ + stars: | 2024-04-05 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

Here are some tips on how to land your next role after being laid off. "Going through a layoff is a very emotional experience," says LinkedIn career expert Pooja Chhabria. Here are five tips she gives on how to land your next role:Invest in communityBeing laid off is bound to come with new challenges. Chhabria suggests emphasizing your skills when updating your resume and online professional profiles. Preparing your answer by talking about your experience and connecting it back to why it's valuable to the position and tasks at hand, Chhabria suggests.

Persons: Pooja Chhabria, Chhabria Organizations: Getty, Companies, Microsoft, CNBC Locations: Singapore

☆ This small Southeast Asian country has 'engineered' a society that lives to 100 – here's how
▼ + stars: | 2024-03-27 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

Blue zones are places that have 10 times more centenarians compared to the U.S. on a per capita basis. While the original blue zones came about by natural circumstances, blue zones 2.0 are man-made. "The old blue zones are disappearing because they're becoming Americanized," Buettner said. Keep loved ones closeResearch shows that people in blue zones tend to prioritize their loved ones and keep them nearby. Accessible health careSingaporeans enjoy universal health care which means residents have access to quality medical care, including health services such as prevention, treatment, rehabilitation and palliative care.

Persons: Koh Sze Kiat, Dan Buettner, Loma, Buettner, That's, Grant, Lee Kuan Yew Organizations: Getty Images Singapore, CNBC, Loma Linda, National Geographic, National Institute of Aging, Toyota Camry, Research, Pew Research Center, Pew, Health Locations: Singapore, Greece, Okinawa, Japan, Costa Rica, Sardinia, Italy, United States, walkability, U.S, America

☆ Four of investors' top 5 favorite investment destinations are in Europe, Milken Institute report shows
▼ + stars: | 2024-03-18 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +3 min

Four of investors' top five favorite destinations are in Europe, according to the Milken Institute's Global Opportunity Index (GOI) report. The country ranked fifth in the financial services category, which evaluates the overall financial system in a nation as well as the accessibility to finance. Among Asian E&D economies, Malaysia emerged as investors' favorite and ranked 27th globally. Overall, E&D regions "offer attractive opportunities to investors interested in emerging markets with favorable growth potential," the report said. Rising tensions between the U.S. and China, however, have hit inflows to Asian E&D economies, down 75.4% in 2022, the report added.

Persons: Maggie Switek, Switek Organizations: New York Stock Exchange, Milken, Denmark, Denmark Sweden Finland United States United, The Milken Institute, The New York Times, U.S Locations: New York, Europe, Denmark, Denmark Sweden Finland United States United Kingdom, U.S, Finland, Asia, Malaysia, China

☆ This 31-year-old spent $20,000 to travel after he was laid off
▼ + stars: | 2024-03-14 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

Peter Lancaster in Argentina. Peter Lancaster, 31, was laid off from his technology job in California in May last year. For the next eight months, Peter traveled to eight different countries: Mexico, Colombia, Peru, Argentina, Guatemala, Japan, Ecuador and Brazil. Peter Lancaster Traveler"Especially in a foreign country, use the buddy system," he said. Peter Lancaster at the Courtesy of Peter Lancaster

Persons: Peter Lancaster, Peter, Alejandra, Downside, I'd Organizations: CNBC Locations: Argentina, California, Mexico City, Mexico, Colombia, Peru, Guatemala, Japan, Ecuador, Brazil, Peru —, Cusco, United States

☆ Ikea is cutting prices as inflation eases — and more could be on the way
▼ + stars: | 2024-03-12 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +1 min

Swedish home and furniture company Ikea has been cutting prices across a number of countries as global inflation eased, as it boosts its investments in price reductions. The company is further expanding its price cuts in 2024 across all of its markets globally, aiming to dial back price increases that were introduced in 2022. The price cuts, which started in Europe in September, have led to an increase in customers, as well as an increase in items sold by the retailer, according to Öncü. Between September and November, Ingka has invested more than 1 billion euros ($1.1 billion) in price cuts across markets it operates in, according to Reuters. In Canada, the price of its popular Billy bookcase has fallen by 20% since the company invested 55 million euros to trim prices for over 1,500 products, Ingka said in January.

Persons: Ingka, Billy bookcase Organizations: Ikea, Inkga Group, CNBC, Reuters Locations: Europe, Canada

☆ Gen AI is here to stay — here are 5 skills to help you stay relevant in the changing job market
▼ + stars: | 2024-03-04 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

Generative AI isn't just a buzzy new topic – it's revolutionizing the workforce. Generative AI is a type of artificial intelligence capable of generating images, text or other content. Nearly three in five whitecollar employees report using generative AI on a weekly basis. Oliver WymanOliver Wyman conducts monthly surveys of more than 200,000 people across 20 countries to gather data about attitudes surrounding Generative AI and other trends. "Generative AI lacks the contextual nuance and ethical judgment that humans should apply in analysis," a spokesperson for Oliver Wyman told CNBC Make It.

Persons: ChatGPT, Oliver Wyman Oliver Wyman, Oliver Wyman, we’re Organizations: McKinsey, CNBC

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrumbl: How we built a cookie company that brings in $1 billion a yearJason McGowan is the co-founder and CEO of popular dessert chain Crumbl. He co-founded the brand with his wife's cousin Sawyer Hemsley in 2017. The company has become one of the nation's fastest growing food chains with over 980 locations scattered across the globe bringing in over $1 billion in annual revenue. Crumbl has also become a digital sensation with over 16 million followers across its social media platforms.

Persons: Jason McGowan, Sawyer Hemsley, Crumbl

In 2017, two cousins with absolutely zero professional baking experience decided to open a cookie business together. Now, Crumbl Cookies has more than 980 stores across the U.S., topping $1 billion in sales across all franchises while selling more than 300 million cookies in 2022, according to co-founders Jason McGowan and Sawyer Hemsley. They grew confident enough in a single recipe, Crumbl's signature chocolate-chip cookies, to build their first location around it. Individual Crumbl cookies typically cost between $4 and $5 apiece, with the per-cookie price decreasing if you order packs of four, six or 12, according to the company's website. TikTokers use it to post reviews, both positive and negative, of Crumbl's cookie flavor drops.

Persons: Jason McGowan, Sawyer Hemsley, McGowan, Hemsley, Crumbl Organizations: Utah State University, CNBC Locations: U.S, Logan , Utah

"A lot of times, people try to hide in the herd, and we try to fit in, and I think that's the worst advice." Anne Mahlum started the boutique fitness chain Solidcore in 2013. Building empathy, maintaining disciplineMahlum's hard-charging approach may have helped her build a fitness empire, which now has more than 100 locations across the U.S. "When we had to do some of those layoffs [I didn't realize] I was taking away [former employees'] social life, their workout life, their friendships, not just their job," Mahlum says. A lifelong athlete, Mahlum says she decided to start Solidcore after being humbled by a L.A.-based Pilates class.

Persons: Anne Mahlum, —, Mahlum, It's, Adams Morgan, who'd Organizations: CNBC Locations: U.S, Washington

Anne Mahlum, 43, founded boutique fitness chain Solidcore in 2013. Prior to starting Solidcore, Mahlum founded Back on My Feet in 2007, a nonprofit focused on helping homeless people break cycles of poverty and addiction while committing to a weekly running program. From a young age, Mahlum watched her own father struggle with addiction. And at the age of 16, she found that running helped her cope with her feelings, and developed a passion for exercise. In April 2023, Mahlum sold her remaining shares of Solidcore, stepping away from her executive chairwoman role.

Persons: Anne Mahlum, Mahlum Organizations: CNBC

Trautman purchased a 53-foot sailboat called the SV Delos for $398,000 with a $81,000 down payment. WE SailSince he started traveling the world by boat, Trautman has visited over 45 countries and has racked up 70,000 ocean miles. When Sierra turned four months old, the now family of three returned to life on the sailboat. To stay connected with their family members on land, Trautman says they have their loved ones visit them when they are docked. The couple stays connected to their family online and by planning trips to places they're docked.

Persons: Brian Trautman, Trautman, maxed, Karin, Sierra Organizations: Microsoft, CNBC, SV Delos, YouTube, Sailing SV Delos, WE Locations: Redmond , Washington, Bellingham , Washington, New Zealand, Polynesia, Sweden, Caribbean, Philippines, they're

☆ We live on a sailboat & travel the world for $1,900/month — take a look inside
▼ + stars: | 2023-11-12 | by ( Elham Ataeiazar | Ernestine Siu | ) www.cnbc.com time to read: 1 min

Since then, he's sailed to 46+ different countries and across 4 oceans. Prior to embarking on this journey by sea, Brian worked at Microsoft, eventually leaving to start his own software company. Since then, Brian has met his wife Karin and started a family abroad. He's also started a YouTube channel to document his adventures. Today, both their channel Sailing SV Delos and crowdfunding are able to fully sustain Brain's family and their lifestyle.

Persons: he's, Brian, Karin, He's, crowdfunding Organizations: Microsoft, Sailing SV Delos

Instead, he's a co-founder of a $400 million food delivery company. Tsao launched the company, Caviar, with four of his best friends from the University of California, Berkeley in 2012. Building "Groupon for food" didn't work, "so we were like, 'Let's be the Uber for food.'" 'We just blew up'At the time, most of today's food delivery apps didn't exist yet. Five college friends founded Caviar in 2012, at a time when GrubHub and Seamless were the only major online food delivery businesses.

Persons: Shawn Tsao, he's, Tsao, Jack, Uber, Frank Lloyd Wright, Frank Gehry, Abel Lin, Andy Zhang, Richard Din, Jason Wang, —, Munch, Groupon, didn't, Postmates, DoorDash, Andreessen Horowitz, Wang Organizations: University of California, CNBC, Investors, Tiger Global Management Locations: Berkeley, Francisco, U.S, Miami

Shawn Tsao, 34, co-founded food delivery app Caviar in 2012 with four of his college classmates and fraternity brothers from the University of California, Berkeley. Before Caviar, Tsao and his co-founders created on Munch On Me, a daily deals app for food. In the ensuing weeks, they decided to switch to an on-demand food delivery app — a novel concept at the time. In 2014, Jack Dorsey's payments company Square — now known as Block — acquired Caviar in an all-stock deal worth more than $100 million, according to Tsao. Five years later, rival food delivery company DoorDash purchased Caviar from Square in a deal worth $410 million.

Persons: Shawn Tsao, Munch, Jack, Tsao Organizations: University of California Locations: Berkeley

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIs tiny home living the secret to saving money today? Make It journeys to Atlanta, Santa Monica and New York to connect with three individuals who live in small spaces to save big money. Alex Verhaeg, 23, lives in a tiny 95-square-foot apartment located in NYC's East Village. In 2022, Sung Yoo moved from New York to Santa Monica, California, into a 140-square-foot tiny home. Precious Price, 26, lives for free with her dog in a tiny home in her backyard in Atlanta, Georgia.

Persons: Alex Verhaeg, Sung Yoo, Precious Price Locations: Atlanta, Santa Monica, New York, NYC's East, Santa Monica , California, Atlanta , Georgia

☆ Take a look inside this $615,000 abandoned inn turned desert getaway
▼ + stars: | 2023-08-22 | by ( Ernestine Siu | ) www.cnbc.com time to read: 1 min

Sara Combs, 36, and Rich Combs, 37, quit full-time jobs as web designers to start The Joshua Tree House, a hospitality company, in 2015. Three years later, they purchased an abandoned inn in Tucson, AZ for $615,000. The couple took out a hard money loan and renovated the entire property into a luxurious desert getaway. Today, the six-suite inn is available to rent year-round and offers views of Saguaro National Park. The couple also owns three other commercial properties located in Joshua Tree, CA.

Persons: Sara Combs, Rich Combs, Joshua Tree, Joshua Tree , Locations: Tucson, AZ, Joshua Tree

In 2015, the couple quit their full-time jobs as web designers to start a hospitality business, The Joshua Tree House. Now, the group's properties include two that are available for guests to book in Joshua Tree, California and Tucson, Arizona. Lucas Mullikin for CNBC Make ItIn 2018, Rich was browsing listings online when he came across what looked like an empty canyon in Tucson, Arizona. The Joshua Tree House: Tucson, Arizona inn has seven bedrooms. Lucas Mullikin for CNBC Make It

Persons: Sara, Rich, Combs, Joshua Tree House, Joshua, Lucas Mullikin, Joshua Tree, Banks Organizations: CNBC Locations: Arizona, Joshua Tree , California, Tucson , Arizona, Marfa , Texas, San Francisco, Posada

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