Business
At age 16, he spent $23 to buy a website domain. 9 years later, his blue-collar business brings in $1.3 million a year
Almost a decade later, what started as a blue-collar side hustle by two brothers, now has over 20 employees and is on track to bring in about $2.3 million in 2025, according to documents reviewed by CNBC Make It.
Image credit: CNBC
Growing up, Zames Chew thought he wanted to work a white-collar role at a company like Google, but his career took a different turn.
Today, the 26-year-old runs the Singapore-based handyman service Repair.sg, alongside his 24-year-old brother and co-founder, Amos Chew.
In 2024, their Singapore-based company Repair.sg brought in 1.7 million Singapore dollars (about $1.3 million), according to documents reviewed by CNBC Make It.
“When I was younger, my dream was always to work in big tech,” said Chew. But one day in early 2016, he discovered a gap in the market.
“Our parents were looking for a service provider to fix something around the house,” said Chew. “I was just looking online, and … there [seemed] to be nowhere to find service providers [online] back in the day.
So I was like … let me put together a website and see what happens from there.”
So, at age 16, Chew spent 30 Singapore dollars (about $23) to buy a website domain name, had his father help him register the business, and Repair.sg was born.
Almost a decade later, what started as a blue-collar side hustle by two brothers, now has over 20 employees and is on track to bring in about $2.3 million in 2025, according to documents reviewed by CNBC Make It.
Starting a side hustle at 16
As kids, the Chew brothers loved being hands-on.
“My brother and I would do everything together. That means building Legos, building PCs, taking things apart,” said Chew.
”[We] have always been building projects together, and it has [been] our dream to … work together when we became adults.”
The two were able to realize this dream during their teenage years after starting Repair.sg.
The company gained momentum slowly until the last few years when its growth started to soar, said Chew.
For the first three years of the company, the brothers were still in school, so they had to squeeze in work for the business in between classes, or during their evenings.
What a lot of people don’t know is that there’s a lot of education … [and] licensing behind some of the services that we do, and it goes beyond just taking a screwdriver and hammer [to] things,” he said.
So they spent years acquiring the knowledge, skills and licenses necessary to run their business.
In addition, before the business scaled, they would take on most jobs themselves such as replacing lights, and fixing furniture.
“For the first seven years, up until perhaps even early 2024, [the business] was basically at the brink of death most of the time,” said Chew. “We were young and weren’t very good business owners.”
Credit: CNBC
Business
Naira Exchange Rates Thursday, 23 July
BLACK MARKET RATES
US DOLLAR (USD) Buy ₦1,405 Sell ₦1,410
GREAT BRITISH POUND (GBP) Buy ₦1,880 Sell: ₦1,900
EURO (EUR) Buy ₦1,580 Sell ₦1,600
CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080
SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90
UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205
GHANA CEDI (GHS) Buy ₦95 Sell ₦110
WEST AFRICAN CFA Buy ₦2, 300 Sell ₦2, 400
CENTRAL AFRICAN CFA Buy ₦2,150 Sell 2,250
AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900
CBN OFFICIAL EXCHANGE RATES
US DOLLAR (USD) ₦1,369.63
GREAT BRITISH POUND (GBP) ₦1,833.12
EURO (EUR) ₦1,563.03
SWISS FRANC (CHF) ₦1,685.08
JAPANESE YEN (JPN) ₦8.40
CHINESE YUAN (CNY) ₦202.21
WEST AFRICAN CFA (XOF) ₦2. 39
WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,867.90
SAUDI RIYAL (SAR) ₦366.36
SOUTH AFRICAN RAND (ZAR) ₦83.40
Business
President Tinubu Tasks Judicial Officers To Remain Abreast of Evolving Global Maritime Laws
President Tinubu made the call in Abuja during the 18th International Maritime Seminar for Judges, organised by the Nigerian Shippers’ Council (NSC), under the auspices of the Federal Ministry of Marine and Blue Economy, in collaboration with the National Judicial Institute (NJI).
President Bola Tinubu on Wednesday urged judges to continually update their knowledge on autonomous vessels, digital shipping, artificial intelligence-driven maritime operations, maritime security and evolving international environmental regulations.
President Tinubu made the call in Abuja during the 18th International Maritime Seminar for Judges, organised by the Nigerian Shippers’ Council (NSC), under the auspices of the Federal Ministry of Marine and Blue Economy, in collaboration with the National Judicial Institute (NJI).
Represented by the Minister of Marine and Blue Economy, Adegboyega Oyetola, President Tinubu lauded the Nigerian Shippers’ Council for initiating and sustaining the international seminar for judges.
He described it as one of Nigeria’s foremost platforms for strengthening maritime jurisprudence, enhancing judicial capacity and promoting excellence in maritime justice.
According to Oyetola , rapid technological advancement is creating unprecedented legal questions relating to liability, navigational responsibility, insurance, collision regulations and allocation of responsibility when autonomous vessels malfunction.
He emphasised that the courts will increasingly adjudicate disputes involving decarbonisation, environmental compliance, blockchain-enabled cargo documentation, electronic bills of lading and other evolving international maritime legal frameworks.
“The emergence of autonomous vessels demands a judiciary equipped to resolve complex legal questions involving liability, insurance, navigation and technological accountability.
“Judicial officers must remain abreast of evolving international maritime law to ensure justice keeps pace with technological innovation,” he said.
Business
Naira Exchange Rates Wednesday, July 22
BLACK MARKET RATES
US DOLLAR (USD) Buy ₦1,408 Sell ₦1,413
GREAT BRITISH POUND (GBP) Buy ₦1,885 Sell: ₦1,905
EURO (EUR) Buy ₦1,585Sell ₦1,600
CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080
SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90
UAE DIRHAM Buy ₦350 Sell ₦370
CHINESE YUAN Buy ₦190 Sell ₦205
GHANA CEDI (GHS) Buy ₦95 Sell ₦110
WEST AFRICAN CFA Buy ₦2, 300 Sell ₦2, 400
CENTRAL AFRICAN CFA Buy ₦2,150 Sell 2,250
AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900
Official CBN Exchange Rates
US DOLLAR (USD) ₦1,375. 31
GREAT BRITISH POUND (GBP) ₦1,841. 13
EURO (EUR) ₦1,569.78.
SWISS FRANC (CHF) ₦1,694.98
JAPANESE YEN (JPN) ₦8.45
CHINESE YUAN (CNY) ₦203. 25
WEST AFRICAN CFA (XOF) ₦2.40
WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,874. 32
SAUDI RIYAL (SAR) ₦366.36 SOUTH AFRICAN RAND (ZAR) ₦83.50
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