logo
The closures don't stop – Omakase place The Social Outcast announces last service on 30 Mar

The closures don't stop – Omakase place The Social Outcast announces last service on 30 Mar

Yahoo12-03-2025

2025 is off to a rocky start for the local F&B scene. Along with several hawker stalls closing, Burger & Lobster is shutting their first (and last remaining) outlet at Jewel. Other restaurants that have shuttered their Jewel outlets include Violet Oon's eponymous restaurant, and modern Japanese restaurant Tanuki Raw will likely follow suit in April.
The latest closure announcement is from The Social Outcast, whose final service at their popular Katong outlet will be on 30 Mar 2025. They will be hosting a BBQ Block Party on 29 and 30 Mar 2025 as a final send-off.
In an Instagram post on The Social Outcast's account, founders Aminurrashid Hasnordin (also known as Mint) and Noelle Chua announced the closure. It was not sudden, or 'because things had gone south' – in fact, they had been planning it for at least the past year. Now that every goal they had set for themselves was met, it was time for them to step back and take a rest.
The announcement was made with 'joy in their hearts', providing a bittersweet ending to The Social Outcast's current chapter. A previous interview with Noelle revealed that the restaurant struggled with staffing issues. Mr Aminurrashid has also confided that he was unable to find talent, and even if he did, it was difficult to hang on to them as they'd eventually be snatched up by bigger players in the F&B scene.
This lack of manpower was the biggest pain point for him, more so than increasing rental and ingredient costs. He says that he would have considered staying on if he 'had three or four talented chefs and a general manager' because he would then have had space to do other tasks and grow the business.
However, Mr Aminurrashid and Ms Noelle say that the closure 'isn't the end' for The Social Outcast brand. They intend to run popups and private dining events alongside exploring other opportunities, such as opening outlets overseas.
Big Dot Chicken ceasing operations, to close in April or earlier
The post The closures don't stop – Omakase place The Social Outcast announces last service on 30 Mar appeared first on SETHLUI.com.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Strategies To Retire Without Running Out Of Money
Strategies To Retire Without Running Out Of Money

Forbes

time20 minutes ago

  • Forbes

Strategies To Retire Without Running Out Of Money

Nearly two in three Americans (64%) are more worried about running out of money in retirement than ... More they are about death. Nearly two in three Americans (64%) are more worried about running out of money in retirement than they are about death, according to the 2025 Annual Retirement Study from the Allianz Center for the Future of Retirement. As one might expect, exhausting funds without the recourse of youth or the remedy of an income-driven career can generate anxiety. However, knowledge can be a useful tool, and the more individuals understand about their retirement needs, the less intimidating the prospect may become. A simple yet powerful method for estimating how much money one requires to retire with peace of mind and how investments may contribute to achieving that amount is a strategy called Fill The Gap, or FTG. A simple yet powerful method is a strategy called Fill The Gap, or FTG. (Photo by Keystone/Getty ... More Images) Use the 25x Rule of thumb as a guideline. Now that the gap size has been assessed, determine how much in liquid investments would be required to cover it. Use the 25x Rule of thumb as a guideline. Start with the gap amount, in this case $3,000. Next, multiply that number by 25 to find the total savings goal. The 25x Rule of thumb is simply the inverse of the widely utilized 4% Rule of thumb, which helps determine how much money can be withdrawn to adequately fund monthly expenses without depleting the nest egg. In other words, how to max out a retirement lifestyle without running out of financial resources. In the example used: Creating a portfolio that balances both income and growth has worked as an effective fill the gap ... More strategy for many happy retirees. Creating a portfolio that balances both income and growth has worked as an effective fill the gap strategy for many happy retirees. Many investors have achieved yields of 3.5% to 4.5%, generating cash flow that helps offset expenses without eroding the principal too quickly. Nothing is guaranteed and investments may not perform as they have in the past, but the overall goal is an annual return in the 6.5% to 7.5% range. A critical factor many retirees overlook is how taxes might change in retirement. A critical factor many retirees overlook is how taxes might change in retirement. Often, they see their effective tax rate drop significantly, sometimes falling to half of what they paid during their primary working years. Why? There are a few possible reasons: Because of this potential dynamic, it's often more constructive to calculate FTG numbers using after-tax figures. Identify a gap and create a plan to fill it. While every retiree's financial picture is unique—whether they have a pension, own a business, or manage different spending levels—the FTG method tends to be universally applicable. Regardless of variables like marital status, investment comfort levels, or spending habits, the fundamental math remains the same: identify a gap and create a plan to fill it. Using the FTG method to assess targets can highlight the importance of understanding real-life expenses when planning for retirement. Everyday costs add up quickly, and having a clear financial checkpoint helps ensure that both necessities and indulgences can be covered. Why indulgences? Because if a retirement isn't fulfilling, what was the point of the hard work it took to create it? By using the FTG strategy and the 25x Rule of thumb, much of the guesswork can be removed from retirement planning. Instead of worrying about dwindling financial means, a clear, numbers-driven roadmap can proactively facilitate savings and investments to help empower financial security and happiness. Retirement should be a time to enjoy the fruits of labor, not labor over assets bearing enough fruit. Knowing the size of the gap—and how to fill it—can bolster peace of mind and foster a purposeful retirement. Knowing the size of the gap—and how to fill it—can bolster peace of mind and foster a purposeful ... More retirement.

3 Japanese Car Brands Named the Least Reliable of 2025
3 Japanese Car Brands Named the Least Reliable of 2025

Yahoo

timean hour ago

  • Yahoo

3 Japanese Car Brands Named the Least Reliable of 2025

In general, Japanese cars enjoy a reputation as the most reliable on the market. But does that mean every Japanese car manufacturer produces cars that rarely spend time in the shop? Explore More: For You: If you want a dependable Japanese car, watch out for these three brands flashing red flags in 2025. Nissan has frequently found itself in the news over the last year — for all the wrong reasons. In May, CBS News reported that Nissan is laying off 15% of its global workforce, roughly 20,000 employees, after losing $4.5 billion last year. Just a few months earlier, Moody's downgraded Nissan's stock rating to 'junk' status. 'Nissan experienced a string of CVT transmission issues that continue to plague it to this day,' explained Alex Black of car research platform EpicVIN. 'Owners complain about jerking, slipping or requiring full replacements far earlier than they should.' Sure enough, Nissan ranked dead last among Japanese automakers in this year's reliability rankings from Consumer Reports. Trending Now: Asian car companies discovered they could sell their higher-end cars for more money by marketing them under separate luxury brands. Toyota has Lexus, Honda has Acura, Hyundai has Genesis, and Nissan has Infiniti. The latter suffers from all the same reliability issues as its parent company. After all, Infinitis are manufactured in the same factories, with the same parts and processes. They just get stamped with a different logo. Andrey Smirnov, owner of Silverstone Auto Spa, sees these problems with Nissans and Infinitis firsthand. 'Infinitis have more problems than their competitors, especially on the electrical side,' Smirnov said. 'Engineering simplicity and reliability go hand in hand, and Infiniti makes more complex cars than other Japanese brands.' In WhatCar's latest reliability survey, Nissan ranked fourth among the least reliable car companies in the world. That puts it among such dubiously dependable brands as MG, Alfa Romeo and Vauxhall. Mitsubishi has also seen its share of struggles over the last few years. The automaker keeps missing its profit forecasts and adjusting projections lower. Last year, that included a 76% drop, and a 26% drop reported in May of this year by Reuters. In fact, Motor1 reports the company stopped shipping cars to the U.S. altogether amid President Donald Trump's tariffs. 'Mitsubishi has problems with aged technology and low-cost components,' added Black. 'Many analysts argue they've failed to remain current — both in driving performance and long-term reliability.' Alan Gelfand of German Car Depot also sees trouble among Mitsubishis. 'We've seen plenty of reported CVT transmission issues, on top of build quality concerns,' he said. Mitsubishi has grown so irrelevant as a brand in the U.S. that Consumer Reports didn't even include it in its annual reliability report. In JD Power's 2025 dependability report, Mitsubishi ranked last among Japanese carmakers. Steer clear of them in 2025, and consider better-rated Asian automakers like Toyota, Honda, Subaru, and Hyundai. More From GOBankingRates 10 Cars That Outlast the Average Vehicle This article originally appeared on 3 Japanese Car Brands Named the Least Reliable of 2025

Apple opens its foundational AI models to developers
Apple opens its foundational AI models to developers

Engadget

timean hour ago

  • Engadget

Apple opens its foundational AI models to developers

It's safe to say Apple Intelligence hasn't landed in the way Apple likely hoped it would. However, that's not stopping the company from continuing to iterate on its suite of AI features. During its WWDC 2025 conference on Monday, Apple announced a collection of new features for Apple Intelligence, starting with the decision to bring its foundational models to developers. According to Craig Federighi, the company's senior vice president of software engineering, Apple's new Foundation Models framework will allow third-party developers to tap into the large language models that power Apple Intelligence. Developing...

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store