Stories

September 8, 2022

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In order to produce environmentally friendly household goods such as tissues and wipes, Singaporeans Angela Sim and Lynn Yeo, the founders of Cloversoft, invested in bamboo trees as the material of choice. 

Bamboos were discovered to be the fastest-growing plants in the study, so they decided to cultivate them. Furthermore, unbleached bamboo does not contain any chemicals, which contributes to its sustainability.

Angela and Lynn founded Cloversoft in September 2014, and both are passionate about producing safe and environmentally friendly consumer goods. They became close friends while working at a bank for several years before launching their business. Lynn’s lifelong passion is recycling and green projects, whereas Angela strongly cares for animals.

According to Angela, a documentary on a polar bear in the Arctic brought her to tears on an aircraft back to Singapore from a business trip abroad. Because of this, she became fond of the cute critter that would eventually become Cloversoft’s mascot.

Cloversoft only uses superior, cruelty-free, vegan, and eco-friendly raw ingredients. No artificial scents, colors, alcohol, chlorine, or other chemicals that might harm the consumer were included.

Other brands may not adopt bamboo because of its higher cost, despite its environmental benefits. Angela and Lyn, however, keep prices low so people and companies may afford to go green. The duo plans to expand its operations in the United States, including Vietnam and Indonesia. 

Coversoft’s long-term objective is to build the most successful fast-moving consumer goods (FMCG) company in Singapore, with offices around the world, centered on the core values of providing products that are affordable, environmentally friendly, and derived from plants.

Lack of business experience made learning tough at first. There was no demand for their eco-friendly goods, and other corporations repeatedly turned them down. Angela admitted,  “This was one of the darkest moments in our entrepreneurship journey”.  

Fortunately, consumers now publicly acknowledge their items and frequently purchase their green products  Word-of-mouth and consumer feedback helped them quickly spread the word, and their sales grew 1,500% in one year.

They’ve also donated a portion of their revenues to Polar Bears International in Canada to help protect the polar bear population.

Cloversoft’s first year of business saw strong sales and rising client bases in Asia Pacific countries. The firm aims to become the largest FMCG company headquartered in Singapore, with branches throughout the world, by delivering safe, environmentally friendly, and fairly priced plant-based products.

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Manhattan’s Chinatown Receives $20M Funding For 11 Post-pandemic Revitalization Projects

Manhattan’s Chinatown is one of the neighborhoods that has been impacted the most severely by the pandemic.

New York Governor Kathy Hochul unveiled eleven transformational projects that would be part of the initiative to help the Chinatown community reopen corridors, restaurants, businesses, and cultural institutions. 

The projects include:

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  • Upgrading a section of Sara D. Roosevelt Park
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  • Creating a Building Upgrades Fund
  • Creating a Chinatown welcome arch/gateway
  • Establishing Asian Culinary Arts of New York
  • Establishing the Chinatown Cultural Welcome Center

“These critical investments will transform the neighborhood and create a more vibrant and inviting destination for locals and visitors alike while enriching the neighborhood by improving foot traffic, economic and cultural activity.” Governor Hochul said in a statement.

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Rochelle Nguyen Sits As The First Asian American Nevada Senator

Clark County Commission appoints Nevada’s first Asian American senator, Rochelle Nguyen, a state assemblywoman. 

“I plan on working hard to ensure we are adequately funding our public schools, that health care is affordable as well as accessible, and that all voices are represented,” Nguyen said, who will replace former state Sen. Chris Brooks for a job in the private sector.

Nguyen was nominated by Senate Majority Leader Nicole Cannizzaro, D-Las Vegas. The new Nevada senator’s appointment to the Finance, Judiciary, and Health and Human Services committees for the next parliamentary session was made public by the Democratic caucus. She will hold the position’s vice chair.

The caucus acknowledged her efforts on “landmark” legislation, which included reforming the criminal justice system, regulating short-term rental agencies, and advocating for victims of domestic abuse.

When Brooks was elected to the state Senate in 2019, Clark County made the decision to nominate Nguyen to replace Brooks in the Assembly. She eventually won the election for the seat in both 2020 and 2022.

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Vedant Fashions Founder Made It To India’s Richest List From Selling Affordable Indian Wedding Couture

Ravi Modi started Vedant Fashions in 1999 with the Manyavar brand, selling pajamas, saris, sherwanis(long-sleeved outer coats), kurtas, lehengas (ankle-length skirt), and salwar sets (trouser-and-tunic combination).

Vedant Fashions designs clothes but outsources bulk of the manufacturing. It currently has 590 outlets in 228 Indian towns and 13 in North America and the UAE. 

Manyavar is its flagship men’s line, while Mohey is its 2015 women’s collection. Both are mid-premium or affordable aspirational.

According to Forbes, Modi listed 15% of the company on the Indian stock exchanges in February—the basis of his $3.75 billion fortune that adds him to the ranks of India’s richest this year for the first time.

Modi grew up with three sisters in Kolkata. His father was a first-generation entrepreneur who opened a clothes company in 1975. Kolkata’s AC Market is one of the city’s earliest air-conditioned markets, including clothing, jewelry, and electronics retailers. 

The 45-year-old billionaire lives in a big bungalow on the outskirts of Kolkata where he grows his own fruits and vegetables. With 30 years of retail expertise, he provides a fresh perspective on money and career. “Earning wealth without earning time is meaningless,” he told Forbes.

Moreover, according to Forbes, he spends a quarter of his time on business, asset management, and philanthropy, and the rest on health, relationships, and learning. His daily activities include meditation, yoga, and studying strategies of retailers such as LVMH, Nike, and Uniqlo.

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13-Year-Old Took Her Fangirling Into Greater Heights, Opens a K-Pop Inspired Milk Tea Shop

Filipino teenager Given Mendoza turned her fangirling into a business. As a K-Pop fan, she loves collecting merch of her favorite Korean pop idols. 

Given realized that these items can increase in value. She then found a way to earn by reselling them and worked on growing the business.

With the business’ great potential, the 13-year-old launched her online store, G’s KPop Kilig, “I decided to buy some albums for myself. I also bought some extra albums to sell, to see if I can earn profit,” she told the local news.

Later on, she was able to save enough to open a physical store in Baguio City, Philippines, and sells milk tea and K-Pop merch. As an “Army ”of the popular Korean group BTS, she also incorporates some inspiration to her milk teas.