More businesses are entering Singapore’s market, but more are leaving too. 

In the first seven months of this year, more than 38,000 businesses closed, almost 13% more than the same period last year. Yet nearly 50,000 new businesses were registered.

So what’s driving the closures? Which businesses are managing to survive, and are the firms entering Singapore’s market today actually built to last?

On The Big Story, Hongbin Jeong speaks with Professor Lawrence Loh, Director of the Centre for Governance and Sustainability at the National University of Singapore Business School, to find out more. 

More businesses are entering Singapore&rsquo;s market, but more are leaving too.&nbsp;
In the first seven months of this year, more than 38,000 businesses closed, almost 13% more than the same period last year. Yet nearly 50,000 new businesses were registered.
So what&rsquo;s driving the closures? Which businesses are managing to survive, and are the firms entering Singapore&rsquo;s market today actually built to last?
On The Big Story, Hongbin Jeong speaks with Professor Lawrence Loh, Director of the Centre for Governance and Sustainability at the National University of Singapore Business School, to find out more.&nbsp;

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.