Deep Dive - Should we preserve heritage businesses which are not viable?
The closure of Thambi magazine store after 80 years was met with shock and sadness. But is it unrealistic to expect heritage businesses to survive in a competitive, ever-changing world? Steven Chia and Crispina Robert speak to Singapore University of Social Sciences' Dr Lye Kit Ying and Edmond Wong, a third-generation business owner of Kim Choo Kueh Chang.
Editor's Note: This episode of Deep Dive has been edited to remove an incorrect reference to how much is available in the transformation grant for heritage businesses. The cap is S$40,000. We apologise for the error.
The closure of Thambi magazine store after 80 years was met with shock and sadness. But is it unrealistic to expect heritage businesses to survive in a competitive, ever-changing world? Steven Chia and Crispina Robert speak to Singapore University of Social Sciences' Dr Lye Kit Ying and Edmond Wong, a third-generation business owner of Kim Choo Kueh Chang.
Editor's Note: This episode of Deep Dive has been edited to remove an incorrect reference to how much is available in the transformation grant for heritage businesses. The cap is S$40,000. We apologise for the error.
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