A 59-year-old man was arrested on Sep. 1 after being suspected of loanshark harassment.

The Singapore Police Force (SPF) said it was alerted to the incident around 8:55pm on Aug. 31, at a residential unit along Choa Chu Kang Avenue 5.

The man had scattered the resident's shoes on the floor outside the unit.

He also left a bicycle lock on the shoe rack.

With further investigations, police later identified the man through images from police cameras. He was found and arrested the day after the incident.

From preliminary investigations, he is believed to be involved in other cases of loanshark harassment as well.

The man will be charged in court on Sep. 3 under the Moneylenders Act 2008.

For first time offenders, the offence of loanshark harassment carries a fine between S$5,000 and S$50,000, with imprisonment of up to five years and caning of up to six strokes.

The police urges members of the public to stay away from loansharks and not work with or assist them in any way.

Members of the public can call '999' if they suspect or know of anyone who could be involved in loansharking activities.

A private-hire vehicle driver in Singapore was fined S$650 for loitering and looking for customers around HarbourFront Centre's taxi stand.

Feedback regarding the touting incident on Mar. 31, 2024, was submitted to the Land Transport Authority (LTA).

Asked for S$65

The driver, Steven Gan Teck Guan, had asked for S$65 in exchange for providing a ride.

He was charged with loitering for the purpose of soliciting passengers.

He was convicted after he contested the charge.

He was not represented by a lawyer.

A judgment for the case was made available online on Sep. 2.

Fare pegged to displayed app price

Ranjit Singh Manjit Singh was in the taxi stand queue at HarbourFront Centre following a trip to Batam, Indonesia.

He testified that Gan had told people waiting in line that the queue was long.

Singh added that Gan offered a ride, and provided a fare price upon request.

He asked Gan if he provided a taxi service.

Gan replied that he would charge the premium price listed in the Grab app.

Singh's app showed the price was S$65.

He asked Gan if he was touting.

Both men engaged in a verbal exchange.

Gan said he studied law.

Singh took photos of Gan's vehicle and sent them with feedback to LTA, noting that Gan's vehicle was parked at the taxi bay.

Driver's defence

Gan argued that he did not fall for the "trap" after LTA fabricated the story and conspired with Singh to entice him.

Gan said Singh communicated with him first.

He then responded with a fare that Singh rejected.

What footage showed

Surveillance footage from 5:30pm to 6:15pm that day showed Gan at the location for more than half an hour.

He was seen walking at the area people were waiting for taxis.

The judge said the evidence showed Gan was not there to fulfil any bookings.

The court heard that the investigation officer confirmed with four ride-hailing firms, Grab, Gojek, Tada and Ryde Technologies, that Gan did not have any bookings between 5pm and 6:30pm that day.

Claimed he was waiting for personal job

Gan said he was waiting for a personal job and walked around due to his diabetes, arthritis and gout.

He told LTA he would wait for passengers who had personal bookings and ride-hail bookings.

He later claimed his statement was not totally true, but did not elaborate.

Gan also said Singh approached him first, but Singh disputed that claim.

Gan claimed that Singh offered S$50, but Gan rejected it, saying that he had an appointment and Singh should make a booking with Grab.

Gan said his personal customer did not show up and he drove off.

What judge found

The judge eventually found Singh's evidence to be credible and rejected Gan's explanation that he was waiting for a personal job.

Gan had agreed that he had no evidence to show he had customers that day, but claimed that he knew many passengers from Indonesia as he previously drove a minibus.

He claimed that he had met his customer in a toilet, but could not remember the date he had met his customer and also testified that his customer did not give any precise time for his arrival in Singapore.

The judge rejected Gan's claim that LTA and Singh had fabricated the incident.

The prosecution sought a fine of S$700.

This was justifiable as the composition or out-of-court fine LTA had previously offered was S$500.

The LTA prosecutors said that they would have sought a S$600 fine, had Gan pleaded guilty.

The judge imposed a fine of S$650 given Gan's conduct and the fact that Singh felt that the situation could worsen.

Gan is out on bail pending appeal.

The payment has been stayed.

If he cannot pay the fine, he will serve two days' jail in default.

A first-time offender who solicits or loiters to solicit passengers can be jailed for up to three months or fined up to S$1,000, or both.

The Monetary Authority of Singapore (MAS) will commit S$220 million over three years to strengthen Singapore's fintech ecosystem, Deputy Prime Minister Gan Kim Yong said on Aug. 31.

The investment, part of a renewed fourth iteration of the Financial Sector Technology and Innovation (FSTI) scheme first launched in 2015, aims to speed up innovation and technology adoption across the financial sector, according to a MAS media release.

Gan, who is also Trade and Industry Minister, said:

"Over the years, the Financial Sector Technology and Innovation Scheme, or FSTI, has helped to build a strong fintech ecosystem in Singapore. We now have more than 1,800 fintech firms employing close to 10,000 people. With AI and other frontier technologies emerging, we want to capture new growth opportunities."

What FSTI 4.0 covers

The scheme is built around four goals: anchoring and scaling innovation in Singapore, speeding up the development and adoption of frontier technologies, building up technology infrastructure, and growing talent for the fintech ecosystem.

Gan, who is also MAS chairman, elaborated:

"First, we will deepen Singapore's base of innovation capabilities. We will support firms to set up dedicated teams for research and product development, and anchor technology leadership in Singapore. We will also help fintechs attract capital and scale into regional and global markets. Second, we will help financial institutions and fintechs move promising solutions from experimentation into commercial deployment. Third, we will support shared technology infrastructure and platforms to help the financial sector lower development costs, speed up technology adoption, and lift productivity. Fourth, we will strengthen the talent pipeline by supporting 1,000 fintech internships over the next three years."

Six tracks under FSTI 4.0

The scheme will be implemented through six tracks.

The Manpower track helps fintech firms bring in young talent by co-funding internship stipends. MAS is targeting at least 1,000 fintech internships over the next three years, with a new FinTech Internship Portal run by the Singapore FinTech Association (SFA) matching firms with students from institutes of higher learning.

The Institution Project track backs Singapore-based financial institutions and fintech firms working on frontier technologies like AI, distributed ledger technology, and quantum technology.

The AI Pathfinder track supports the rollout of market-ready AI fintech solutions listed on PathFin.ai, making it easier for financial institutions to adopt them and work directly with AI solution providers.

PathFin.ai is a MAS-run platform that connects financial institutions, AI companies and industry players, helping them figure out where AI can be useful, learn from what others have tried, and find the resources to adopt it responsibly.

The Infrastructure and Platform track funds shared systems and platforms that the financial sector can tap on, with the aim of making the industry more efficient and strengthening Singapore's role in shaping global financial standards.

The Centre of Excellence track aims to bring the high-value work of major global financial institutions and fintech firms to Singapore, spanning areas like AI, quantum computing and digital assets.

The MAS FinTech Awards track keeps Singapore on the map as a fintech hub through the Singapore FinTech Festival (SFF) FinTech Excellence Awards and the Global FinTech Hackcelerator (GFH).

A new GFH Scale-up Grant will help eligible finalists further develop and validate their solutions after the competition.

This can then help them to attract private investment, scale their business and strengthen their presence in Singapore.

Why young talent matters

When asked why building a pipeline of young talent was important, Gan pointed to how quickly the sector is changing.

He said:

"It is always important for us to continue to invest in our people, to continue to build a pipeline of talent. This is particularly critical in fintech industry because this is a new and emerging industry. It is also evolving very rapidly with the emergence of AI and frontier technologies. As you can imagine, the talent that we need and the capability we need to build is going to be very critical for the growth of this sector."

On AI as a priority

Quantum technology had its own dedicated track under the previous iteration of the scheme, but is now grouped with AI and distributed ledger technology.

When asked which frontier technologies MAS is prioritising, Gan said the scope was being kept open, with AI serving as a foundation.

He said:

"We are keeping our scope quite open because AI is horizontal, so it provides a baseline to support the transformation of our financial industries, including fintech. This is an emerging technology, and all of us have to have a handle on this. That is why we focus a lot of our attention on building AI capability."

On competing with other financial hubs

When asked how the scheme would help Singapore compete with regional rivals like Hong Kong, Gan said the financial sector was competitive but not a zero-sum game.

He added that Singapore competes not just with Hong Kong, but with the rest of the world.

He also noted that as Singapore improves, other financial centres do too, which in turn pushes Singapore to raise its own game further.

He added: “It's not a zero-sum game. We compete, but I think the industry, the development of industry, will benefit all countries in the financial sector."

Singapore's finTech sector today

Singapore currently hosts over 1,800 fintech firms, with close to 10,000 people working across technology, data, AI, compliance, cybersecurity and business roles.

Fintech investment here reached S$2.9 billion in 2025.

A 68-year-old man died after a fire broke out at a flat in Lorong Lew Lian estate in Upper Serangoon on Sep. 1.

The Singapore Civil Defence Force (SCDF) said it was alerted to the fire at Block 8 Lorong Lew Lian at about 2:45pm on Tuesday.

When firefighters arrived, black smoke was seen coming from a third-floor unit.

An unconscious man was found in the living room during the firefighting operation.

Firefighters brought him out of the unit and performed cardiopulmonary resuscitation (CPR) before he was taken to hospital.

The fire, which involved the contents of the living room, was extinguished using one water jet, SCDF said in a Facebook post.

Neighbour recalled last encounter with the man

In an interview with Shin Min Daily News, a neighbour who lived on the same floor said the man had a wife and three daughters.

The neighbour said that about two years ago, the man had a disagreement with his wife, after which she moved in with one of their children.

His personality changed drastically after that and he began hoarding items in the flat.

The neighbour also recalled that the unit was often kept very dark, with the lights switched off when she passed by.

The man would frequently light candles to illuminate the home, she observed.

He would also occasionally move things around in the middle of the night, she added, saying that he apologised after she spoke to him about it.

The neighbour also described their relationship as being almost like that between a father and daughter.

At around 6am on the morning of the fire, she saw him arranging items along the corridor while she was taking her 10-year-old son to school.

The man told her son: “You’re a good boy. Your future will be bright.”

The man's wife was also deeply shocked when she heard about his death, the neighbour further revealed.

When Shin Min returned to the block on Sep. 2, a strong burnt smell could still be detected.

Workers were also seen clearing belongings from the affected flat.

The unit appeared to be heavily cluttered, with items filling much of the living space.

94-year-old woman carried downstairs

According to Shin Min, a 94-year-old woman who lived next door to the affected unit escaped her flat barefoot with the help of a walking stick before a firefighter carried her downstairs.

When reporters arrived at the scene on Sep. 1, the woman, surnamed Huang, was spotted sitting downstairs with several volunteers attending to her.

Huang said she rushed out of her flat after seeing thick smoke.

In the process, she forgot to put on her shoes and take her hearing aid and keys.

As the affected flat was located near the lift, she was only able to make it as far as the staircase before a firefighter carried her downstairs.

Although Huang initially told those around her that she was fine, she later experienced some tightness in her chest.

Volunteers persuaded her to seek medical attention, after which she went to hospital for a medical examination.

"Very unfortunate and sad"

In a Facebook post on Sep. 1, Marine Parade-Braddell Heights GRC Member of Parliament (MP) Seah Kian Peng described the man's death as "very unfortunate and sad".

"I have known him for many years now and, in fact, last saw him not so long ago,” he wrote.

Describing the resident as "friendly", Seah said the man had lived in the block for many years and would be missed.

He added that agencies were working together to assist residents affected or inconvenienced by the fire.

He also thanked SCDF for its quick response, as well as the neighbours who helped those impacted.

A Good Samaritan was spotted lying prone on the ground to support the head of an elderly man who had fallen.

Property agent Kenny Seah heard the commotion, filmed the act of kindness and later posted it online.

Speaking to Mothership, Seah said the incident took place on Aug. 29, 2026, near Block 254A Serangoon Central Drive at about 10:30am.

The Singapore Civil Defence Force (SCDF) confirmed with Mothership that they received a call for assistance and conveyed one person to Sengkang General Hospital.

View this post on Instagram

 

A post shared by SG Property Choice (@sg_property_choice)

Elderly man fell down

Seah said he was speaking to a resident while conducting a property roadshow when he suddenly heard a “pop” sound.

He looked over and saw an elderly man lying on his back on the ground in front of a stall, with a few people already tending to him.

The elderly man appeared to have "very little response", Seah said.

Within less than five minutes, Seah said he saw a gentleman run over from a nearby playground to examine the man.

The man then apparently lay himself down on the ground and stretched out his arms to support and hold the elderly man’s head steady.

"It was a very hot day, and the elderly man was lying directly under the sun," Seah said, adding that one passer-by used an umbrella to provide shade for him while another fanned him.

Another person arrived with a blood-pressure monitor to check the elderly man’s blood pressure, he said.

Stayed with the man until ambulance arrived

Seah added that the man remained beside the elderly man, holding his head and staying with him for about 20 minutes until the ambulance arrived.

"The medical personnel assessed the elderly man and carefully lifted him. Only then did the gentleman release his hands," Seah said.

He added that the elderly man’s head was bleeding, and the medics bandaged it before placing him on a stretcher chair.

When approached by Seah's colleague, who told him that she had taken a photograph of him while he was helping the elderly man, he shook his head and declined.

He then walked back towards the nearby playground, where a child was waiting for him, Seah said.

"What struck me most was that he didn’t appear to be looking for attention or recognition. He saw someone who needed help, ran over, stayed with him and supported his head until the ambulance arrived — and then quietly walked away," he said.

"That’s what made me decide to record and share the moment. I felt that this was an act of genuine kindness that deserved to be seen."

Looking to spend some quality family time during the Mid-Autumn Festival and reminisce about your childhood?

You’re just in time for the Mid-Autumn Family FUN (MAFF) event from Sep. 19 to 20.

Held at the Singapore Chinese Cultural Centre (SCCC) and Singapore Conference Hall (SCH), it is an annual event organised by SCCC and the Singapore Chinese Orchestra (SCO).

Members of the public will be able to enjoy a variety of family-friendly activities, including a Mid-Autumn rooftop installation and free programmes such as mooncake tasting, lantern walks and cultural performances.

There will also be ticketed hands-on workshops, where eligible Singapore citizens can use their SG Culture Pass credits to offset ticket costs for eligible MAFF 2026 programmes.

Here’s what you can expect at the festival.

Free cultural activities

Below are some activities that will let you soak in the Mid-Autumn vibes, all without the need for a dime.

Bit Bit Forest Mid-Autumn Light Up!

Looking to post more aesthetic photos on Instagram or other social media platforms? Head up to the SCCC Roof Garden to discover the Bit Bit Forest installation, featuring four lighted giant inflatable bunnies that make for a whimsical photo backdrop.

There will also be one bunny unique to Singapore, all dressed up in a kebaya which you can find at the Concourse.

The installation will be on display from 10am to 10pm from Sep. 11 to Dec. 13 at the SCCC Roof Garden and Concourse.

Mass Lantern Walk: Talking to the Moon

No Mid-Autumn festival is complete without a lantern walk and this one is no exception.

Go on an adventure and follow a story as you make your way from one pit stop to another, taking part in fun tasks along the way.

Families will also get to visit an SCDF fire station and pick up some fire safety tips as part of the journey.

Registration for the Mass Lantern Walk begins at 7pm at SCHl on a first-come, first-served basis, capped at 80 participants each day.

Each participant will also get a lantern for free.

Amazing Moongazing

In the evenings, from 7pm to 9pm on both days, the ITE College East Astronomy Club will be on hand at the SCCC roof garden with telescopes for a closer look at the moon.

And if you’re lucky, you may even get the chance to spot stars and planets in the night sky.

To add to the atmosphere, you can even enjoy music by local singer-songwriter Jason Yu.

The Hanfu Wardrobe Corner

If you would like a colourful souvenir to remember the day’s fun, you can dress up in a Hanfu (traditional Chinese attire) and snap a photo at the photo booth at SCCC Multi-Purpose Hall, Level 7.

The Activities Village

You’ll find two craft stations at SCCC Concourse, Level 1 and Singapore Conference Hall’s Exhibition Halls respectively.

Make your own Rabbit Ear Headband at SCCC or a colourful Cellophane Fan at Singapore Conference Hall from 1pm to 7pm on both days.

Dreams Under One Moon

Made your own cellophane fan at The Activities Village booth located at the Exhibition Halls of the Singapore Conference Hall?

Why not bring your artpiece and have it illuminated against different forest-themed backdrops at SCCC Practice Room, Level 10?

You can even catch an immersive theatre performance happening at selected timings on both days:

• 2:30pm to 3pm
• 4pm to 4:30pm
• 5:30pm to 6pm

Ticketed programmes

If you don’t mind paying for some programmes, here’s what you can look forward to, from performances to craft and even tea.

A Voyage of Voices: Moonbound

On Sep. 19, from 3pm to 4:15pm and 7:30pm to 8:45pm, get entertained by an interactive concert of moon-inspired music with Principal Conductor Quek Ling Kiong playing the role of Ah De in Moonbound at the SCO Concert Hall.

The concert will celebrate Singapore’s diversity through the sights, sounds, flavours and emotions of the Mid-Autumn Festival.

Expect a riddle solving segment, and a chance to catch SCO’s soloists in works such as Singapore Pie and Pelayaran.

The Makers' Loft: Nagomi Art Workshop

Still looking to get a more hands-on experience during the festivities?

Head to the Multi-Purpose Hall on Level 7 of SCCC for a relaxing Pastel Nagomi Art workshop.

Using soft pastels and the technique of drawing with fingers, you get to create your very own Pastel Nagomi Art piece while exploring this gentle art technique.

This workshop will run on both days, from 1pm to 2:30pm and 3pm to 4:30pm.

The Makers' Loft: Tea Whisking & Painting Workshop

If you want to understand more about the history behind tea preparation, you can join the Tea Whisking and Painting workshop also held at the SCCC’s Level 7 Multi-Purpose Hall.

Taking place only on Sep. 19 from 5pm to 5:45pm and 6:15pm to 7pm.

This is your chance to pick up the traditional art of Chinese Song-style tea whisking using traditional techniques and antique tea bowls.

You could also team up with your family and friends to complete tasks on a stamp rally card.

Once you fill it up, there’s a treat from Old Chang Kee waiting to be redeemed.

There are also more activities to choose from and mooncake sampling if you get hungry midway through the day. You can also catch a delightful line-up of performances at Concourse which include engaging storytelling sessions, children's showcases, traditional dance performances, and other cultural acts.

Time to plan out a day of fun by selecting your favourite activities.

For more information, check out this link.

This branded article by Singapore Chinese Cultural Centre made this writer want to go on a lantern walk while eating mooncakes.

A newborn baby boy was found alive in a sanitary bin at Penang International Airport on Aug. 31.

According to the New Straits Times (NST), a Malaysian woman, 23, and a Myanmar man, 22, were detained shortly after to assist with investigations.

Discovery

Free Malaysia Today (FMT) reported that the baby was found by a janitor who heard its cries.

The baby was likely abandoned shortly after birth as it was discovered with the placenta and umbilical cord still attached, NST stated.

Soon after, a video showing the baby in the bin went viral on Malaysian social media.

The baby was eventually brought to a hospital for treatment.

Arrest

Police chief Anuwal Ab Wahab said in a statement that the couple was detained after a review of the CCTV footage, NST wrote.

The woman was subsequently arrested at Kompleks Bukit Jambul, a shopping mall close to Penang International Airport.

Further investigations led to the arrest of the Myanmar national.

The two are being investigated for the abandonment of a child under 12 by a parent or caregiver.

NST reported earlier this year that 18 cases of baby abandonment in Malaysia were recorded within the first quarter alone.

A 30-year-old man was found dead in the waters off Yishun Dam on the morning of Sep. 2.

In response to Mothership's queries, the police said they received a call for assistance along Yishun Avenue 1 at about 7:20am.

The Singapore Civil Defence Force (SCDF) also confirmed that SCDF rescuers retrieved a body from the waters using rescue equipment.

The person was pronounced dead at the scene by an SCDF paramedic.

Based on preliminary investigations, the police do not suspect foul play.

Police investigations are ongoing.

A Facebook post on Complaint Singapore showed a few police vehicles along the road, with some commenting that there was a bad jam in the morning.

Singapore and Thailand look to take advantage of their consecutive Asean chairmanships to work together across successive chairmanships and develop a multi-year agenda.

This comes as Singapore prepares to take the 2027 Asean chair, with Thailand chairing the regional bloc in 2028.

Singapore Prime Minister Lawrence Wong said this during the joint press conference of the 2026 Singapore-Thailand Leaders Retreat in Bangkok on Sep. 2.

His trip was hosted by Thailand PM Anutin Charnvirakul, reciprocating a visit to Singapore by Anutin in 2025.

This was the first leaders' retreat in over a decade, and PM Wong said that he was glad to revive the platform “to take stock of our relations, discuss issues of mutual interest, and chart the way forward together.”

Relationship in excellent shape

PM Wong said the Singapore-Thailand bilateral relationship was “in excellent shape” and was “underpinned by a high degree of trust and rapport” at the leadership level.

This was in addition to the strong institutional ties between the two countries.

PM Wong noted the depth of the relationship, whether it be through bilateral platforms such as the Singapore-Thailand Enhanced Economic Relationship (STEER) or the Civil Service Exchange Program, or defence and economic ties.

Defence cooperation was also described as a “key pillar” of the relationship, with PM Wong saying he appreciated Thailand’s hosting of the SAF for training over several decades.

Economic ties were described as “extensive and growing”, and he noted that Singapore was the larger source of FDI into Thailand in 2025.

“We have every confidence in Thailand’s economy, and our companies continue to see good opportunities to invest and grow here for the long term.”

PM Wong also spoke about the evolution of the partnership in the face of changing needs and priorities, such as on food and energy security, digital economy, and tackling transnational crime.

Shared priorities into concrete projects

The retreat provided an opportunity to review progress and focus on how to turn shared priorities into "concrete projects”, such as in food and energy security, emerging technologies such as AI, and closer connectivity between countries.

On the final point, PM Wong said that Thailand sought to strengthen its position as a regional trade and logistics hub, and that Singapore was a “natural partner”, with companies such as PSA having “capabilities and experience that can contribute to these plans.”

Another aspect of close connectivity was the connections between people, including among civil servants and researchers.

PM Wong and Anutin witnessed the signing of a Memorandum of Understanding to strengthen cooperation in the field of social sector development.

The MOU would enable both countries to learn from each other’s experiences and find new solutions to mutual challenges.

Sustained efforts

Singapore is due to take up the Asean Chair in 2027, with Thailand following in 2028, an occurrence that PM Wong said: “gives us a unique opportunity to work together across our successive Chairmanships, especially on initiatives that require sustained effort over several years.”

Both leaders agreed that their teams should work closely together to develop a “multi-year agenda that builds continuity and momentum from one Chairmanship to the next.”

“By working in tandem, we can sustain the momentum on important initiatives, and make greater progress on issues that matter to our region.”

Trusted partner

Anutin welcomed PM Wong, referring to him as his "good friend", and said he was pleased to return the hospitality extended to him when he visited Singapore in November 2025, calling the retreat "very productive."

He said the retreat was very timely, given their successive roles as chairs of Asean.

Beyond the MoU signed that day, Anutin said that he and PM Wong had agreed to work on four additional agreements on the digital economy, transnational crime, food security, and supply chain resilience.

Anutin also said that regarding food security, he had assured PM Wong that Thailand will be Singapore's "trusted partner" and will build on the 2025 rice trade agreement to supply 100,000 tonnes of Thai rice over five years, as well as expanding cooperation to other products.

The founder of Thai ice cream brand Hawell's has put his business up for sale for 165 million baht (S$6,309,710), as he prepares to enter monkhood.

Siripong Akkarasriyuk, chairman of Hawell's (Thailand) Co Ltd, announced the news in a Facebook post on Aug. 21.

He is searching for a successor to take over the brand, and is offering a 5 million baht (S$191,180) referral fee.

"My family and I have only two years left"

According to Bangkok Post, Siripong said the difficulty of expanding the business was only part of why he is selling.

He explained: "The most important reason is that my family and I have only two years left."

The two years is the timeframe he has set for renouncing worldly life.

In those two years, he wants to find land for a forest retreat where he can meditate, before ordaining as a monk and devoting entirely to spiritual solitude.

He plans to cut off contact with everyone, including his wife and daughter, with what he called "the ultimate goal of attaining enlightenment as an arahant.”

Arahant is the Sanskrit term meaning the "one who is deserving" in Buddhism.

Bangkok Post reported that he has been planning this stage of his life for over 15 years.

Why he is selling rather than staying on

Siripong spent the past two years trying to get mall space.

However, he kept being told there was none, even when units sat empty.

Standalone stores would require significant investment, and he ruled out franchising because it was too risky for the brand.

He has drawn up an expansion plan targeting annual sales of nearly 9 billion baht (S$344,166), but with only two years before he ordains, he figured the better move was to find someone with the passion and ability to see it through.

What the buyer gets

The successor stands to receive assets valued at 165 million baht (S$6,309,710).

These include a portion of land in Bang Bua Thong, Nonthaburi, an office building and a factory with machinery and licences, the Hawell's Ice Cream & Fast Food shop, and the Hawell's trademark.

Siripong said it also comes with "all the know-how accumulated over 37 years and all ice-cream recipes, both soft-serve and hard ice cream."

Whoever takes over inherits his project plan too. It targets annual sales of 8.8 billion baht (about S$337 million) from 300 soft-serve shops nationwide, 100 hard ice cream shops and 5,000 automatic cup dispensers, provided the funding is secured in the first two years.

"A part of my life and my family's life"

He said: "Hawell's is not just a business I built. It has been a part of my life and my family's life."

He thanked customers for their support.

He added: "Even if I choose to leave worldly life behind… I still want to see Hawell's move forward."

From 22 branches to one

Hawell's opened its first branch at Central Pinklao in December 1999 and grew to 22 outlets within three years.

Unfortunately, the bigger players started cutting exclusive-use deals with malls, locking direct competitors out.

Nearly every Hawell's branch closed as a result, with Central Pinklao the last to go in 2014.

The name returned in 2023 with a standalone outlet in Bang Bua Thong, which is still open and the only one left.