Get the latest news from Asia and around the World with Howie Lim and Bernard Lim on Prime Time from 4pm to 7pm. Together with JP Ong, stay up to date with the latest movements in the Singapore, European and US markets. Learn of the latest trends in property investment and the challenges that Small Medium Enterprises face in a changing economy.
Sports Minutes: Startup to smash hit, how WTT has revolutionized table tennis?
What does it take to revolutionize a sport? Steve Dainton, Chief Executive Officer of World Table Tennis, takes us behind the scenes of their 2019 launch, reflecting on challenges, milestones, and the road to global success. From the Paris Olympics buzz surrounding the sport of table tennis to sold-out 'smash' hit events and skyrocketing sponsorships, discover how WTT is shaping the future of table tennis. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
10/25/2024 • 15 minutes, 8 seconds
Spill the Tea: Is it too simple to represent Malaysia?
Beauty queen Sandra Lim has unveiled her national costume for the 2024 Miss Universe competition. But some say it may just be too simple. Hongbin Jeong spills the tea. See omnystudio.com/listener for privacy information.
10/25/2024 • 3 minutes, 10 seconds
Market View: Sats, Mapletree Pan Asia Commercial Trust - Big movers on the STI today
Singapore stocks began this morning in negative territory, after global markets had mixed performances. The STI closed down in the red to end the day, down 0.3%. Who were the biggest movers? And why is Sats a hot stock today? On Market View, Hongbin Jeong speaks to Sunny Soh Lead Technical Analyst (Capital Markets & Investor Education), SIAS, to find out more on the latest market movements. See omnystudio.com/listener for privacy information.
10/25/2024 • 13 minutes, 50 seconds
R.I.C.H: Can real estate lead the way in sustainable urban transformation?
In an era defined by the pressing challenges of climate change and environmental degradation, what pivotal role do stakeholders in the real estate sector play in sustainability efforts? At the forefront of this movement is Jackie Cheung, director for ESG at Knight Frank APAC. His vision of future cities blends technological advancements with sustainable practices: AI-driven resource management, eco-friendly materials, and vibrant, mixed-use spaces that foster community engagement. The Peak’s Editor-in-Chief sat down with Jackie to find out how they’re redefining real estate’s role in building sustainable cities. On R.I.C.H, Hongbin Jeong speaks with Zat, Editor-in-Chief, The Peak Singapore to find out more about that conversation. See omnystudio.com/listener for privacy information.
10/25/2024 • 7 minutes, 38 seconds
Culture Club: Say no to boring watches. These are the best art-inspired timepieces
Watches and art have long been intertwined, with many watchmakers drawing inspiration from different forms of art to create timepieces that are not only functional but also aesthetically pleasing. From Franck Muller's manga inspired timepiece to Audemars Piguet 's modern tribute to the manufacture’s 1960 Model 5159BA, influenced by the era’s Brutalist style, every dial is a canvas. On Culture Club, Hongbin Jeong speaks with Yanni Tan, Style & Watches Editor, The Peak Magazine to find out what's on the list of best art-inspired watches. See omnystudio.com/listener for privacy information.
10/25/2024 • 9 minutes, 16 seconds
What’s Trending: A groundbreaking find on Hong Kong’s Port Island
On What’s Trending, Hong Kong makes a rare discovery - dinosaur fossils. Also trending, a Colorado court may decide whether elephants should have the same rights as people.See omnystudio.com/listener for privacy information.
10/25/2024 • 3 minutes, 56 seconds
What’s Trending in Finance: Cyberport Venture Capital Forum 2024 in Hong Kong - How do startups tap growth opportunities, scale and manage challenges
It's another day about startups and venture capital as The Evening Runway’s Finance Presenter Chua Tian Tian reports from the Cyberport Venture Capital Forum 2024 in Hong Kong. Day 2’s programme is structured around several workshops for startups, including one which aims to provide a practical playbook for founders raising capital and scaling in turbulent times. Tian Tian spoke with Pocket Sun, Managing Partner of SoGal Ventures, the speaker of one of the workshops, on the actionable strategies for startups to expand right now. She also talked to Steffanie Yuen, Managing Director and Head of Hong Kong, Endowus, and Anthony Ng, Co-founder & CEO, Hong Kong Virtual Asset Exchange on the opportunities and challenges in expanding their businesses and how they have benefitted from this year’s forum.See omnystudio.com/listener for privacy information.
10/25/2024 • 9 minutes, 16 seconds
Spill the Tea: Should this Nobel winner’s book be banned from all school libraries?
South Korean novelist Han Kang was awarded the Nobel Prize for Literature this year. However, one of her books, “The Vegetarian” has stirred debate for being "deemed harmful to youths." Why? And should this book be banned from all school grounds? Hongbin Jeong spills the tea.See omnystudio.com/listener for privacy information.
10/24/2024 • 4 minutes, 10 seconds
R.I.C.H: How this entrepreneur help amplify women's voices
Rong Rong is an entrepreneur and podcast host committed to empowering women and addressing key issues that shape their lives. As the founder of an influencer agency, she works to connect brands with influential women who drive positive change in their industries. Through her podcast, The Real Sass Ladies Podcast, she offers a platform for women to share their inspiring stories and engage in meaningful conversations on topics ranging from mental health to teenage pregnancy. On R.I.C.H., Hongbin Jeong speaks to Rong Rong, Founder, The WAP Agency Singapore, to share her journey and the impact of her work on empowering women. Presented by: Hongbin Jeong Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
10/24/2024 • 13 minutes, 12 seconds
Culture Club: Road to eco-friendly beauty
Sacha Botanicals was founded in 2021 as a celebration of nature and Latin culture. Each shampoo and soap is thoughtfully crafted to capture the power of plants, offering a nurturing experience for hair and skin with ingredients that are both sustainable and kind to the planet. Sacha Botanicals believes that hair and body care should be a fun, nourishing experience, full of the vitality that plants provide. On Culture Club, Hongbin Jeong speaks to Susan Calderon, Founder, Sacha Botanicals, to share more about her products. Presented by: Hongbin Jeong Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
10/24/2024 • 16 minutes, 7 seconds
Under the Radar: Mermaid Maritime’s COO on post-pandemic recovery, what volatilities in oil prices mean for the firm, positioning for a greener future and outlook ahead
It’s back to the offshore and marine industry today as we speak to a Thailand-based international subsea and offshore services company that services some of the oil and gas majors and their contractors. Listed on the Singapore Stock Exchange in 2007, Mermaid Maritime provides full turnkey services through its diversified portfolio of subsea vessels, specialised diving equipment and remotely operated vehicles. These services include subsea inspection, repair and maintenance, cable laying and engineering, transportation and installation as well as decommissioning. The firm’s operations span across five geographical regions, namely the Middle East, Africa, Asia Pacific and Southeast Asia as well as the UK, and has a team of over 500 professional divers, technicians, surveyors, management and support staff. Mermaid Maritime is an interesting company to watch given how SGX-listed offshore and marine are enjoying positive earnings results for the April toJune quarter and the first half of 2024. That’s as players hold a strong pipeline of work and recover from an earlier slump seen during the pandemic. At Mermaid Maritime, the Group had in Q1 turned around year ago losses. In Q2 2024, it reported a net profit of US$2.9 million, an increase from the last quarter, but a drop on a yearly basis due to higher in-planned financial cost. Its total order book peaked at US$976 million at the end of June 2024 with multiple project awards in South East Asia, the Middle East, North Sea and Western Sub Saharan region for both short-term and long term throughout FY2026. But how does the firm assess its outlook ahead? Meanwhile, with tensions in the Middle East weighing on oil prices, what would that mean for firms serving the oil and gas industry, such as Mermaid Maritime? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Paul Whiley, COO, Mermaid Maritime.See omnystudio.com/listener for privacy information.
10/24/2024 • 39 minutes, 53 seconds
Market View: Tesla shares jump on profit beat - Will there be more upside from the rest of the Magnificent 7?
Singapore shares began this morning trading in positive territory as overseas markets saw losses overnight. The STI continued the rally to end the day up 0.1%. Meanwhile, in corporate news, Keppel reports lower net profit in 3QFY2024; South Korea’s SK Hynix Inc.’s shares gained after the firm posted record quarterly profit and revenue; and Tesla’s stock shot up nearly 12% in pre-market trade, a day after its forecast-surging car sales growth. On Market View, Hongbin Jeong speaks to David Chow, Director of Azure Capital to find out more on the latest market movements. See omnystudio.com/listener for privacy information.
10/24/2024 • 16 minutes, 38 seconds
What’s Trending: Now you can get a Bachelor’s Degree in becoming an Influencer
On What’s Trending, becoming an influencer is an ever more popular career path, especially amongst the Gen-Z youth. And now, one Irish university has launched a Bachelor Degree for wannabe influencers. Also trending, Paddington Bear has been given a real British passport.See omnystudio.com/listener for privacy information.
10/24/2024 • 3 minutes, 17 seconds
What’s Trending in Finance: Cyberport Venture Capital Forum 2024 in Hong Kong - VC trends to watch, support for HK startups
It’s all about Venture Capital and startups for What’s Trending in Finance today, and The Evening Runway’s Finance Presenter Chua Tian Tian travelled to Hong Kong for the Cyberport Venture Capital Forum (CVCF) 2024. Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship featuring over 2,100 members including startups and tech companies. The theme for this year’s edition of the CVCF is “Innovation Challenger: Building New Venture Visions”. The event sees more than 90 speakers including venture experts, entrepreneurial visionaries and innovation thinkers come together to explore the future of innovation and entrepreneurship. The focus on artificial intelligence and Web 3.0 is apparent this time around with 16 Web 3.0 use cases keynotes taking place over the course of the forum. The conversation is on how Web3.0 and artificial intelligence can help companies and investors breakthrough in the ever changing VC landscape to create new possibilities. Tian Tian spoke with Simon Chan, Chairman of Hong Kong Cyberport, as well as Flora Chan, Head of Marketing, Ecosystem and Partnership at Beyond Ventures on the opportunities brought about by these macro trends, support for Hong Kong startups and how Hong Kong startups can better collaborate with ecosystem players in Singapore.See omnystudio.com/listener for privacy information.
10/24/2024 • 7 minutes, 55 seconds
Spill the Tea: Emily in Paris or Emily in Rome?
Is it the City of Love or is it the Eternal City? If you watched the latest season of Emily in Paris, it was insinuated that Emily may be moving to Rome in the upcoming fifth season, which surprised many fans. Now when French President Emmanual Macron heard the news, he wasn’t thrilled. He says it doesn’t make sense. Meanwhile, Rome’s Mayor claps back at Macron. Hongbin Jeong spills the tea.See omnystudio.com/listener for privacy information.
10/23/2024 • 3 minutes, 6 seconds
Sports Minutes: With the Eagles flying high, does Noor Ali get the credit he deserves?
Geylang International are undeniably the hottest team in the Singapore Premier League right now. Riding a 3-match winning streak and boasting a league-high 63 goals in just 17 games, they remain within striking distance of the big-spending leaders, Lion City Sailors. But how much of this success is down to Noor Ali? And is his past reputation holding him back from receiving the credit he truly deserves? Deepanraj Ganesan joins Zia-ul Raushan on Sports Minutes to dive into these questions—and more! Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
10/23/2024 • 23 minutes, 48 seconds
R.I.C.H: Your overall well-being is more than just smiles
Louisa Lee is the CEO of DP Healthverse Holdings and DP Dental, where she has been at the forefront of revolutionizing the connection between oral health and overall well-being. Louisa believes that oral care is about more than just a great smile—it’s about creating a foundation for a healthier body and mind. So how is she bridging the gap between oral health and overall wellness? On R.I.C.H., Hongbin Jeong speaks to Louisa Lee, CEO, DP Healthverse Holdings, to find out. Presented by: Hongbin Jeong Produced and Edited by: Alexandra Parada ([email protected]) and Nadiah Koh Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
10/23/2024 • 15 minutes, 1 second
Market View: Nvidia on a record high - Is the AI-hype back?
Singapore shares began trading in positive territory this morning as overseas markets saw mixed results overnight. And it ended the day in the green as well, closing up 0.4%. In global markets, China and Hong Kong markets continue to see an uptick in trading volume, while Nvidia is on investors’ radar with share prices hitting a record this week. On Market View, Hongbin Jeong speaks to Dan Chang, Investment Specialist and Trading Representative, PhillipCapital to find out more about the latest market movements.See omnystudio.com/listener for privacy information.
10/23/2024 • 18 minutes, 9 seconds
Culture Club: Stunning places to discover in Japan off the beaten path
In an era where travellers are increasingly aware of their environmental footprint, sustainable travel is no longer just a trend — It’s a movement. Thoughtfully curated tours that enrich the soul while preserving the planet's beauty are now the standard. The leading adventure travel company in Japan for over 30 years, Walk Japan is the pioneer of innovative, immersive guided and self-guided walking tours. From the self-guided Tokaido Wayfarer tour, perfect for those seeking a gastronomic journey along the historic Tokaido highway in Kanagawa and Shizuoka Prefecture to the Kumano Wayfarer, a 7-day, 6-night self-guided tour that starts in Yuasa and ends in Shingu, there's a tour for everyone. On Culture Club, Hongbin Jeong speaks with Paul Christie, CEO, Walk Japan to find out more. See omnystudio.com/listener for privacy information.
10/23/2024 • 14 minutes, 5 seconds
What’s Trending: 10 websites blocked in Singapore on potential hostile disinformation
On What’s Trending, Singapore has blocked 10 websites linked to foreign actors that could potentially be used to carry out disinformation campaigns against Singapore. Also trending, a super-thin skyscraper, which will just be one apartment wide, is being planned for Dubai.See omnystudio.com/listener for privacy information.
10/23/2024 • 5 minutes, 6 seconds
Market View: Fed Officials want to see slower pace of rate cuts; S&P500, Dow come off all-time highs; China’s youth jobless rates falls in September; Global Earnings to watch; Seatrium bags S$100m worth of contracts; Meta to start using facial recognition to crack down ”celeb-bait ads”
Singapore shares began the day trading in negative territory, extending overnight losses in markets abroad. In early trade, the Straits Times Index (STI) was down 0.5 per cent at 3,596.62 points after 57 million securities changed hands in the broader market. In terms of companies to watch, we have Seatrium, after the offshore and marine specialist said it secured S$100 million worth of contracts for repairs and upgrades set to be completed by the first quarter of 2025. Elsewhere, from comments by top Federal Reserve officials suggesting they would like to see a slower pace of rate cuts, to expectations ahead of earnings out this week, more international and corporate headlines are in focus today. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Audrey Ho, Investment Counselor, Citigold Private Client, Citibank Singapore.See omnystudio.com/listener for privacy information.
10/22/2024 • 15 minutes, 24 seconds
Spill the Tea: Canadian bubble tea brand tastes controversy after cultural appropriation questions are raised
Marvel actor Simu Liu accused a Canadian drink business of cultural appropriation. That’s after the company pitched a convenient and healthier canned version of boba tea on Dragons’ Den, without acknowledging the origins of bubble tea. But to what extent is it considered cultural appropriation? Hongbin Jeong spills the tea. See omnystudio.com/listener for privacy information.
10/22/2024 • 4 minutes, 56 seconds
Under the Radar: AMD on innovation cycles, big tech spending and the evolution of AI architecture in the next five years
Chipmakers take the centre stage today as we speak to a high performance and adaptive computing leader that is at the forefront of powering generative artificial intelligence. Founded in 1969 as a Silicon Valley startup, our guest for today is fabless chipmaker and chip designer Advanced Micro Devices or AMD. The company had driven innovation in high performance computing, graphics and visualisation technologies for over half a century. It currently serves billions of people and leads Fortune 500 companies and scientific research innovations in improving the way people work, live and play. Now, AMD is a company to watch particularly at this moment in time where we see a rush by global big techs to invest in generative AI infrastructure. In particular, a Forbes article noted that global big techs spent over US$150 billion in capital expenditure on AI infrastructure for the past year dating from August 2024. The massive spending raises questions as to how exactly generative AI would augment our daily lives and how big techs can generate returns on the massive spending. That also means questions as to and whether the demand for generative AI solutions can continue to bolster demand for AI chips at the likes of AMD into the longer term. At the same time, media reports out in September 2024 cited remarks by AMD CEO Lisa Su where she believes that graphic processing units may not be the architecture of choice for firms working on AI in the next five years. Su noted that there would be a broadening beyond GPUs in the form of custom AI chips. But what does it mean for AMD in terms of its product offerings and how it is positioning itself for its next bound of growth? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Peter Chambers, Managing Director, Sales, APAC & Country Manager, Australia, AMD.See omnystudio.com/listener for privacy information.
10/22/2024 • 26 minutes, 59 seconds
R.I.C.H: How to make lifelong learning fun
Eileen Tan is the Director and Founder of The Little Academy Pte Ltd, where she’s dedicated to transforming the educational experience. With over a decade of teaching experience, Eileen’s mission is to make learning enjoyable and meaningful for students, helping them build a strong literacy foundation through creative expression and real-life connections. Her passion for education goes beyond the classroom—she’s focused on changing the traditional mindset and creating an environment where students are inspired, motivated, and empowered to find purpose in their learning journey. On R.I.C.H., Hongbin Jeong speaks to Eileen Tan, Director & Founder, The Little Academy Pte Ltd, to share more. Presented by: Hongbin Jeong Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
10/22/2024 • 17 minutes, 12 seconds
What’s Trending: Is McDonald’s endorsing Trump after his latest stint?
On What’s Trending today, McDonald’s makes it clear that it isn’t endorsing Trump after the drive-thru visit, but instead shows that they open their doors to everyone. Also trending, humanity’s long-standing love affair with carbs may predate our existence as a species, according to a new study.See omnystudio.com/listener for privacy information.
10/22/2024 • 5 minutes, 41 seconds
Sports Minutes: From grassroots to grand slams, powering athletes through partnerships
Does it really take a village to build an athlete? Singaporean golfing sensation Shannon Tan, who recently competed in the 2024 Paris olympics, and Albert Chiu, executive chairman of the EFG Bank in Asia join Sports Minutes to discuss the partnerships that power athletes from grassroots to grand slams. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
10/21/2024 • 12 minutes, 46 seconds
Spill the Tea: Can Musk really buy people’s votes?
Tech billionaire Elon Musk says he will give away $1 million a day to a registered voter in the key swing state of Pennsylvania. One million dollars per day, till the US presidential election in November. But will this sway voters? And is this even legal? Hongbin Jeong spills the tea. See omnystudio.com/listener for privacy information.
10/21/2024 • 3 minutes, 14 seconds
Market View: Earnings lookahead - SREITs, UOI, IBM, Coca Cola, Boeing, Tesla, Amazon, SK Hynix; Gold prices scale record; Bitcoin up on ETF inflows; SingPost, CD, Sabana Reit; Malaysia GDP up 5.3% yoy in Jul-Sep period
Singapore shares began the day trading nearly flat despite weekend gains in markets abroad. In early trade, the Straits Times Index (STI) dipped 0.04 per cent to 3,638.6 points after 40.1 million securities changed hands in the broader market. In terms of companies to watch, we have City Developments Ltd, after the developer said late yesterday that its residential project Norwood Grand sold 292 or 84 per cent of its 348 units over its launch weekend at an average selling price of S$2,067 per square foot. Elsewhere, from Bitcoin pushing higher today amid a spurt of inflows into exchange-traded funds (ETFs) for the largest digital asset as well as optimism about the outlook for US regulations to earnings to watch out for in the US and Singapore this week, more international and corporate headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
10/21/2024 • 18 minutes, 7 seconds
R.I.C.H: The path towards core confidence
Sophie Leung is an award-winning somatic trauma-informed wellness coach who specialises in helping individuals and organisations transform their mental well-being. With a background in the corporate world, Sophie experienced firsthand the challenges of burnout, anxiety, and self-sabotage. Drawing from her own journey, she created the Core Confidence Mastery™ system, a powerful blend of trauma-informed coaching, hypnotherapy, and Emotional Freedom Technique (EFT), designed to help people reconnect with their core selves and achieve lasting success. On R.I.C.H., Hongbin Jeong speaks to Sophie Leung, Somatic Trauma Informed Coach and Founder, Sophie Leung Co, to find out more. Presented by: Hongbin Jeong Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
10/21/2024 • 19 minutes, 10 seconds
What’s Trending: Matching shoes with man’s best friend with Crocs
On What’s Trending, American footwear brand Crocs has unveiled a new collection. This time, it’s not for us… but for pets. Yes! Crocs for dogs. Now every owner can have matching crocs with their furry friends. Also on What’s Trending, a time limit has been set for hugs at an airport in New Zealand to improve customer safety and traffic flow. See omnystudio.com/listener for privacy information.
10/21/2024 • 4 minutes, 6 seconds
Spill the Tea: Are Trump’s watches really Swiss-made?
CNN tried to find the makers of Trump’s new watches, which he claims are “Swiss-made”. But instead, the investigation team ended up at a shopping centre in Wyoming. So are the watches really “Swiss-made” as they promote it to be? Will this backfire on Trump? Hongbin Jeong spills the tea. See omnystudio.com/listener for privacy information.
10/18/2024 • 3 minutes, 37 seconds
Sports Minutes: Two defeats from two at the Lion City Cup, but not all doom and gloom?
The Lion City Cup didn’t go as planned for the Singapore U16s—two matches, two losses, and a frustrated fanbase saying ‘same old story.’ Yet, amidst the harsh headlines and social media outcries branding the state of local football as ‘a mess in need of fixing,’ we sit down with the man at the helm - as Angel Toledano Flores, head coach of the Singapore U16s, sits down with Sports Minutes. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
10/18/2024 • 17 minutes, 53 seconds
Market View: China’s GDP grew at slowest since early 2023 in Q3; PBOC kicks off two funding scheme to pump as much as 800b yuan into stock market initially; Gold prices topped US$2,700 an ounce on escalating conflicts in Middle East; TSMC shares in Taipei hit record high; SGXRegCo lifts moratorium on UOB Kay Hian’s; Keppel DC REIT’s Q3 DPU up 0.4% yoy
Singapore shares started trading in positive territory today, mirroring overnight gains in the Europe market. In early trade, the Straits Times Index (STI) was 0.1 per cent higher at 3,628.32 points after 41.6 million securities changed hands in the broader market. In terms of companies to watch today, we have UOB Kay Hian, after the Singapore Exchange Regulation yesterday lifted the brokerage’s moratorium, which restricted it from managing submissions for fresh initial public offerings (IPO) and reverse takeovers (RTO). Elsewhere from China’s economy growing at the slowest pace since early 2023 in the third quarter, to gold topping US$2,700 for the first time to extend its record breaking run – more international headlines remain in focus. Also on deck – how shares of TSMC hit a record high today on the back of its forecast beating Q3 results. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
10/18/2024 • 17 minutes, 17 seconds
Under the Radar: GetGo’s CEO on changing aspirations for car ownership on its business strategy
Carsharing is on deck today as we speak to Singapore’s largest carsharing service, where users can register, book a car and start driving in the span of minutes. You might have guessed it by now – yes we’re indeed speaking to GetGo. Founded in 2020 in the middle of the Covid-19 pandemic, GetGo has expanded quickly in recent years to 1,600 locations across Singapore. The company now boasts a fleet of 3,000 cars, over 300,000 users and over 3 million drives completed. But why are we speaking to GetGo you might ask? Well, the carsharing business is an interesting one to look at because of rising car ownership costs in Singapore. For one thing, a survey by The Straits Times out in 2022 revealed that the high costs of buying a car are putting a dent on car ownership aspirations. So how far has that opened up a market gap for GetGo to fill? Meanwhile, GetGo had in July 2024 teamed up with electric vehicle charging firm Charge+ to introduce the carsharing company’s electric vehicles and Charge+’s EV charging infrastructure together in condominium projects. GetGo and Charge+ had said that they aim to provide 100 condominiums with such bundled products by 2025.But what were the reasons behind the move, and how much money will the partnership bring to GetGo given the increased adoption of EVs among the younger population? Speaking of condominium projects, GetGo also said then that it would roll out a new feature in Q4 to provide condominium developers secured access to its carsharing vehicles – but again, what is the significance of the move to GetGo as a company? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Ting Feng Toh, CEO and Co-founder, GetGo.See omnystudio.com/listener for privacy information.
10/18/2024 • 40 minutes, 32 seconds
Culture Club: The Michelin chef placing modern British food on the map
Multi-award winning and internationally renowned, Kirk Westaway is one of the most celebrated chefs on the Michelin star dining scene. Drawing from both his English heritage and strong culinary training under world-renowned chefs, Chef Kirk is recognised for his mastery in reinventing gastronomic classics. Chef Kirk’s ever-evolving menu embodies a seasonal philosophy to showcase British dining in a modern, refreshing light. On Culture Club, Hongbin Jeong speak with Kirk Westaway, Executive Chef, JAAN By Kirk Westaway, to find out more.See omnystudio.com/listener for privacy information.
10/18/2024 • 12 minutes, 6 seconds
What’s Trending: Robot shark makes a big splash, but not a big hit with visitors
On What’s Trending today, a new aquarium in China is facing backlash from visitors because of one of its top aquatic stars. Also trending, Swiss luxury watchmaker Patek Philippe launched its first new collection in more than two decades. See omnystudio.com/listener for privacy information.
10/18/2024 • 4 minutes, 13 seconds
Culture Club: Singapolitans and Sunsets
Baia has opened its doors at the Esplanade, offering a fresh Mediterranean-inspired dining experience. Baia’s lounge bar offers a creative selection of cocktails designed to complement the light and vibrant dishes as well so whether it’s for a leisurely lunch or a refined evening out, Baia promises a memorable dining experience. On Culture Club, Hongbin Jeong and Roshan Gidwani speak with Adonis Endozo Reyes the Bar Manager from Baia to find out more.See omnystudio.com/listener for privacy information.
10/17/2024 • 10 minutes, 50 seconds
R.I.C.H: The man planting seeds of healing in Woodlands
During a period of personal grief, Ganesh Kumar planted his first seeds on a barren hillside in Woodlands, as a personal tribute to his late mother. A beautiful garden soon took shape, and along with it, a community that was drawn to Ganesh's labour of love.Today the Woodlands Botanic Garden spans 4,000 square metres and consists of over 350 species of plants and more than 60 species of butterflies. On R.I.C.H, Hongbin Jeong and Roshan Gidwani speak with Ganesh Kumar, Chairman of Woodlands Botanical Garden to find out more.See omnystudio.com/listener for privacy information.
10/17/2024 • 13 minutes, 48 seconds
Spill The Tea: Al Pacino couldn't handle his money
Al Pacino was a famous movie-star! He made so much money... 50 million dollars at one point! Then he went broke. What did he spend his money on? Press play for the tea shall be spilled! See omnystudio.com/listener for privacy information.
10/17/2024 • 4 minutes, 4 seconds
Market View: TSMC’s forecast beating 54% jump in Q3 profit; Nestle revamping operating structure, Layoffs reported at Meta; Airbus, McKinsey said to cut jobs; China’s housing policy briefing; Sembcorp Green Infra bags wind-solar project in India; Yeo Hiap Seng further buys shares in Vitasoy; SG Sep NODX up 2.7% yoy; Malaysian Budget 2025
Singapore shares were trading higher this morning, following news that the country’s key exports in September grew 2.7 per cent year on year, extending the 10.7 per cent jump in the previous month. In early trade, the Straits Times Index (STI) rose 0.7 per cent to 3,615.62 points after 39.7 million securities changed hands in the broader market. In terms of companies to watch, we have Sembcorp. The group’s renewables subsidiary Sembcorp Green Infra bagged a contract for a 150 megawatt wind-solar hybrid power project in India from Solar Energy Corporation of India. Elsewhere, from more details on a housing policy briefing in China, to TSMC’s earnings, we’ve got more local and international headlines in focus. Plus – news of layoffs at industry heavyweights Meta, McKinsey and Airbus and what that means for the global economy. On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
10/17/2024 • 15 minutes, 12 seconds
That's How!: How to know if you should be a notary
What do notaries do exactly? Do you know someone who is a notary and you've been curious? Maybe after listening to this episode you may consider a career switch! On That's How! Roshan Gidwani uncovers some key points that can help you figure out how to know if you or someone you know, should be a notary. Source: https://www.truity.com/blog/should-i-become-notarySee omnystudio.com/listener for privacy information.
10/17/2024 • 3 minutes, 15 seconds
What's Trending: Who let the wolves out?
A 23-year-old online contest hosted by Cintas, a national cleaning company, is looking for America's Best Restroom. The winner was announced this week, and the restroom at Maverik service station near Salt Lake City International Airport was praised for its commitment to cleanliness and comfort. Also, a couple in Canada had nine wolves outside their cabin, a sight that surprised many. The couple, who were warned about the wolves, entertained them and took pictures by the glass walls.See omnystudio.com/listener for privacy information.
10/17/2024 • 5 minutes, 36 seconds
Market View: Sell off in ASML shares amid disappointing 2025 forecast, Impact on US, European, Asian markets, TSMC, Tokyo Electron, Advantest; STI movements; SIA’s passenger capacity for Sep up 9.7%; CDL Hospitality Trusts acquiring upscale boutique hotel in Exeter; Food Innovator Holdings’ IPO on SGX Catalist; Qualcomm vs Intel; Trump’s crypto platform’s launch
Singapore stocks began the day trading in positive territory, despite overnight losses in markets abroad. In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,603.31 points after 53.8 million securities changed hands in the broader market. In terms of companies to watch today, we have Singapore Airlines, after SIA Group’s passenger capacity for September rose 9.7 per cent, outpacing the month’s 7.7 per cent passenger traffic growth. Elsewhere from a selloff in global technology stocks amid disappointing guidance from Dutch chip giant ASML, to news of Qualcomm likely waiting for the US election before deciding a move on Intel, more corporate headlines remain in focus. Also on deck – how former US President Donald Trump’s cryptocurrency platform World Liberty Financial had a faltering sales launch. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.See omnystudio.com/listener for privacy information.
10/16/2024 • 16 minutes, 23 seconds
Spill The Tea: Is Shawn Mendes addicted to Instagram?
Are we addicted to Social Media and the comments section? Shawn Mendes was. He used to even look for celebrity comments. It's great that he's more secure now but...what do The Evening Runway crew think? Press play for the tea shall be spilled! See omnystudio.com/listener for privacy information.
10/16/2024 • 3 minutes, 44 seconds
Sports Minutes: Lion City Sailors’ Aleksandar Rankovic on his team’s identity, managing expectations & his will to win
“Pressure is a privilege” - that’s a mantra for many in the world of sports. But is it really? Well we’ll aim to find out - in conversation with the head coach of the Lion City Sailors, Aleksandar Rankovic - the man guiding the Sailors through a season full of high stakes and even higher expectations. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
10/16/2024 • 25 minutes, 46 seconds
That's How!: How to know if you should be a lawyer
Ever seen "Liar Liar" or any movie with a lawyer in it? Did you want to become one right away? Or do you know someone who's actually very keen on becoming one? What would they need to know? On That's How! Roshan Gidwani uncovers some key points that can help you figure out how to know if you or someone you know, should be a lawyer. Source: https://www.truity.com/blog/should-i-become-lawyerSee omnystudio.com/listener for privacy information.
10/16/2024 • 4 minutes
Under the Radar: Inriskable on helping professionals dig up information on non-listed companies in Singapore, Hong Kong and China
Using artificial intelligence to help banks dig up dirt on non-public companies in Singapore, Hong Kong and China. That’s what our guest for today aims to do. Founded in 2023, Inriskable uses AI and alternative data sources, such as company information, litigations, news and directors information to help professionals identify credit risks and information regarding these private companies. Through AI-driven analysis and data-driven decision making, the firm hopes to help professionals make more informed judgments when assessing the business information and financial capability of SMEs. The firm said this would enhance risk management and sales prospecting processes and improve the accuracy of identifying potential defaults or fraudulent activities. So far, Inriskable holds 800 million pieces of company data across regions, and has over 280,000 global unique users. But how is the firm monetising on its user and database? What numbers are we looking at when it boils down to valuation? Speaking of valuation, the global Regtech market was valued at US$12.54 billion in 2023 by Spherical Insights & Consulting, with that number expected to balloon to US$81.48 billion by 2033. We are talking about a CAGR of 20.58% during the forecast period. But how does Inriskable see itself within the global regtech market and what will be the key drivers of growth for the firm looking ahead? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Megan Chau, CEO, Co-founder of Inriskable.See omnystudio.com/listener for privacy information.
10/16/2024 • 23 minutes, 17 seconds
R.I.C.H: Can tech solve the puzzle of engaging young learners?
Shi Xuan initially aimed to join the Singapore Police Force due to her interest in logical reasoning but shifted to a career in education. Despite struggling with math in secondary school, a supportive teacher in Sec 3 inspired her to pursue a teaching career to offer similar guidance to others. Seeking a more advanced and innovative environment, she moved to Spark Education, where she collaborates with experts to create interactive, tech-driven curriculum materials. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Shixuan Kuah, Curriculum Specialist, Spark Education Group, to share more about her story. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
10/16/2024 • 13 minutes, 55 seconds
What's Trending in Business: LIVE on the Grand Reveal of Disney Adventure cruise ship
It is all about the cruise industry on What’s Trending in Business today, and you might have realised that our Finance Presenter Chua Tian Tian is not with us in the studio for the show. That is because she is at the Marina Bay Sands Expo and Convention Centre attending the Grand Reveal of the Disney Adventure – that is a new cruise featuring Disney Princesses and Marvel Superheroes. The ship is the first from Disney Cruise Line to homeport in Singapore, and will set sail on the 15 December 2025. Tian Tian joins The Evening Runway team LIVE from the event, and she shares more details on what to expect, as well as the significance of homeporting the ship in the country.See omnystudio.com/listener for privacy information.
10/16/2024 • 7 minutes, 12 seconds
What’s Trending: China’s new fluffy employees
Dogs in China are becoming employees in pet cafes, earning money just like humans. The concept, called "Zhengmaotiaoqian" in Chinese, translates to "earn snack money," and the idea is that these pets are working part-time or full-time at the cafes and returning home at night, just like humans. Also, a pumpkin that has won an annual pumpkin-weighing contest in Northern California four years in a row has grown well-fed and healthy soil. The 51st World Championship Pumpkin weigh-off in Half Moon Bay, south of San Francisco, was 1,121 Kilograms, weighing 11-14 people depending on their weight.See omnystudio.com/listener for privacy information.
10/16/2024 • 5 minutes, 59 seconds
Spill The Tea: One believer is enough
The Jackson 5, the group that Michael Jackson started out in, wasn’t even going to get a record deal, but someone else believed in them. Who was it, and what did she think about Michael? Press play because the tea shall be spilled! Get in touch with our anchors at [email protected], [email protected], [email protected]. See omnystudio.com/listener for privacy information.
10/15/2024 • 3 minutes, 21 seconds
Market View: Record close on Wall Street, Dow closes above 43,000 for the first time; Nvidia closed at all-time high; Chinese banks reportedly set to trim rates of 300 trillion yuan of deposits; Oil prices extend losses; Developments at DynaMac and ST Engineering
Singapore stocks began the day trading in the green, mirroring overnight gains in overseas markets. In early trade, the Straits Times Index (STI) rose 0.6 per cent to 3,618.49 points after 22.3 million securities changed hands in the broader market. In terms of companies to watch for today, we have Dyna-Mac, after Hanwha Ocean SG revised its final offer price to S$0.67 per share for all the issued ordinary shares of offshore oil-and-gas contractor Dyna-Mac. Elsewhere, from Nvidia’s record close in the previous session, to how Chinese banks are reportedly said to trim rates on 300 trillion yuan (S$55 trillion) of deposits as soon as this week – more corporate and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Carl Ashton, Investment Counselor, Citi Private Bank.See omnystudio.com/listener for privacy information.
10/15/2024 • 14 minutes, 40 seconds
That's How!: How to know if you should be a veterinarian
Do you love animals? Do you feel like you or a friend has what it takes to help care for them and heal them? Maybe you're next job is to be a veterinarian! On That's How! Roshan Gidwani uncovers some key points that can help you figure out how to know if you or someone you know, should be a veterinarian. Source: https://www.truity.com/blog/should-i-become-veterinarianSee omnystudio.com/listener for privacy information.
10/15/2024 • 3 minutes, 38 seconds
Culture Club: New food and collaboration - what else is next for Brasserie Astoria?
Brasserie Astoria has introduced a refreshed menu under Head Chef Emil Cecil Ess, blending comforting flavors with brasserie classics. Highlights include starters like Stracciatella with French peaches and Seafood Pepperonata with seared scallops and prawns, and mains such as Grilled Celeriac and the well-received Tagliolini Fresca, now permanent. Aside from their new dishes, they also have an upcoming 4-hands collaboration on the 27th of October 2024, with Bjorn Shen of Artichoke. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Emil Cecil Ess, Head Chef, Brasserie Astoria, to share more. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
10/15/2024 • 10 minutes, 41 seconds
What's Trending: Rihanna's sweet gift
Rihanna has commissioned a life-sized chocolate Lego sculpture of A$AP Rocky for his birthday. The sculpture has gone viral, raising questions about the gifting process, storage, and the time it would take to eat the whole thing. Also, a man has created the world's smallest washing machine, measuring 1.28 inches by 1.32 inches by 1.52 inches. Guinness World Records confirmed that the machine, smaller than a Tamagotchi digital pet, is the smallest in the world. The creator also had to demonstrate that the machine was functional and could run a full cycle.See omnystudio.com/listener for privacy information.
10/15/2024 • 4 minutes, 49 seconds
Spill The Tea: A melody towards marriage
Is singing someone a song for a proposal the way to go? That's how Demi got proposed to. What happened when her fiancé popped the question? Press play for the tea shall be spilled! See omnystudio.com/listener for privacy information.
10/14/2024 • 3 minutes, 48 seconds
Under the Radar: Y Combinator, Softbank-backed Social commerce startup Aplikasi Super on making FMCGs accessible in rural Indonesia
It’s all about making FMCGs more accessible to consumers in rural Indonesia today. With a population of over 277 million people, Indonesia is Southeast Asia’s largest economy, with a GDP of around US$1.32 trillion back in 2022. At the same time, data from Statista showed Indonesian households allocating almost a fifth of their household expenses for FMCGs since 2018. While the numbers look promising, about forty per cent of Indonesian reside in the rural parts of the country, making accessibility a key challenge for consumers. The internet appears to be key to bringing FMCGs to the consumers, with over three quarters of people (77%) in the country using the internet on a regular basis. And that’s exactly what our guest for today leveraged to tap underserved rural communities in Indonesia. Founded in 2018, Aplikasi Super is a social commerce startup that aims to enable community leaders to become retailers of their own by selling through its Super app. The company operates a central warehouse and works with third-party logistics providers to deliver FMCG items to these community leaders, who are individuals or mom-and-pop shops called warungs. That’s done within a day of placing the order. According to a TechCrunch article out in June 2022, the firm said then that it boasts a network of thousands of community agents, distributing millions of dollars of items to communities each month. But what are the numbers looking at right now? Meanwhile, the firm had in June 2022 raised US$70 million in an oversubscribed Series C round. Those participating in the round included the likes of Insignia Venture Partners, SoftBank Ventures Asia, B Capital and more. Question is – how has the money been used thus far and how far has the capital injection augmented the firm’s growth trajectory? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Alfred Ali, Chief Product Officer, Aplikasi Super. See omnystudio.com/listener for privacy information.
10/14/2024 • 32 minutes, 29 seconds
That's How!: How to know if you should be an engineer
What do engineers do? What different types are there? Are you an analytical person? Are you looking for a career switch? Maybe engineering is for you. On That's How! Roshan Gidwani uncovers some key points that can help you figure out how to know if you or someone you know, should be an engineer. Source: https://www.truity.com/blog/should-i-become-engineerSee omnystudio.com/listener for privacy information.
10/14/2024 • 3 minutes, 14 seconds
Market View: China’s Lan Fo’An briefs on stimulus; Dow, S&P saw record on Friday; SG GDP up 4.1% yoy in Q3, no change to monetary policy; TSMC expected to report 40% jump in Q3 profits; CapitaLand Ascendas Reit, Yangzijiang Shipbuilding, Sasseur REIT
Singapore stocks rose at the opening bell today after advance estimates showed that the city-state’s economy grew 4.1 per cent year on year during the third quarter of 2024. It was also announced on the same morning that monetary policy settings were maintained for the sixth straight meeting, in line with market expectations. In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,579.55 points after 53.3 million securities changed hands in the broader market. In terms of companies to watch, we have CapitaLand Ascendas Reit. The Reit is divesting an industrial property for S$112.8 million at a S$45.3 million premium or nearly double of the property’s original purchase price of S$58.4 million. Elsewhere, from details on China’s stimulus briefing out on Saturday, to TSMC’s third quarter profit expected to jump 40 per cent, more international and corporate headlines are in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
10/14/2024 • 15 minutes, 48 seconds
R.I.C.H: This millenial skipped university to be a cobbler. Now he's a thriving entrepreneur
Would you give up your university education to follow your passion? That’s exactly what John Chung did about a decade ago. Right out of junior college, John chose to forego a traditional university education and embark on an entrepreneurial path driven by an unwavering passion for footwear. Was this the right choice? On R.I.C.H, Hongbin Jeong and Roshan Gidwani speak with John Chung, Founder of Mason & Smith to find out. See omnystudio.com/listener for privacy information.
10/14/2024 • 13 minutes, 2 seconds
Culture Club: Revolver's South Asian twist
Revolver launched a new à la carte menu on 24 September, marking a shift from set menus to more customisable dining. Led by Group Executive Chef Jitin Joshi, known for his expertise in South Asian cuisine, the bold grill restaurant introduces a five-section menu: Small Plates, Mains, Kulchettes, and Desserts, with vegetarian options included. Diners can enjoy signature dishes like Wagyu Scotch Egg, Hamachi Collar, and new creations such as Smoked Eggplant Ravioli and Kulchettes with seven variations. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Jitin Joshi, Group Executive Chef and Partner, Revolver, to find out more. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
10/14/2024 • 11 minutes, 38 seconds
What's Trending: Would you buy a Diwali Barbie?
Mattel has released a unique Diwali Barbie, designed by Anita Dongre, just in time for Deepavali. The doll, dressed in traditional Indian attire, features vibrant dahlias, jasmines, and the Indian lotus symbolising strength and beauty. Also, a Washington state woman was hounded by 100 raccoons outside her house, causing her to flee her property. The woman had started feeding a family of raccoons decades ago, but the number increased from a handful to around 100 six weeks earlier. The raccoons would be waiting for her when she got out of her car, scratching at it, and surrounding her if she went outside.See omnystudio.com/listener for privacy information.
10/14/2024 • 3 minutes, 59 seconds
R.I.C.H: Are you in or out?
Elfaine Tan - Co-founded I'M IN, which is a lingerie brand aimed at solving a common struggle for women. She bears the scars of an ill-fitting bra, a painful reminder of the lasting effects of discomfort and irritation—an experience that became her calling. Formerly in the fast-paced world of a creative agency, long hours in the same bra led to skin irritation, allergic reactions, and eventually permanent bra scars. This was the turning point that inspired her to launch I'M IN. What else did Hongbin Jeong and Roshan Gidwani find out about her entrepreneurial journey? Press play to find out on R.I.C.H:!See omnystudio.com/listener for privacy information.
10/11/2024 • 14 minutes, 44 seconds
Culture Club: A little less convo, more cocktails please!
Republic at The Ritz-Carlton, Millenia Singapore unveiled its Volume Three menu in July, celebrating the bold spirit of the 1960s. Inspired by the icons and innovations of that era, the cocktails reflect the pioneering energy of the decade. Republic’s team has crafted 16 new drinks, with a few that stand out for their interactive elements. So to find out more, Hongbin Jeong and Roshan Gidwani speak to Kelvin Saquilayan, Head Bartender from Republic on Culture Club.See omnystudio.com/listener for privacy information.
10/11/2024 • 12 minutes, 43 seconds
Spill The Tea: Pickle juice and Diet Coke?
And... Jalapenos? Is this the concotion that Dua loves? What does Gordon Ramsay think? What do The Evening Runway crew think? Press play for the tea shall be spilled! See omnystudio.com/listener for privacy information.
10/11/2024 • 3 minutes, 13 seconds
Sports Minutes: Kickboxer Valencia Yip's story of resolve and resilience
Football often takes centre stage on this show, but for this Friday…we’re putting football aside for a feel good story..and nothing feels better than a comeback story. From being wheelchair bound to winning multiple medals on the world stage, Singaporean kickboxer Valencia Yip tells us all about her story of resilience and resolve on Sports Minutes. See omnystudio.com/listener for privacy information.
10/11/2024 • 14 minutes, 17 seconds
That's How!: How to ask for a letter of recommendation
Is there ever a right time to ask a superior for a letter of recommendation? Emails can help. Of course, when they're busy, it's best to let them be and choose a time that's more appropriate if you're doing so in person. So what's the right way? On That's How! Roshan Gidwani uncovers some key points that can help you figure out how to ask for a letter of recommendation. Source: https://sg.indeed.com/career-advice/career-development/how-to-ask-for-a-letter-of-recommendationSee omnystudio.com/listener for privacy information.
10/11/2024 • 2 minutes, 50 seconds
Market View: US September CPI; Seven & i to split into two to fend off takeover; ByteDance lays off 700 workers from Malaysia unit; Tesla’s two door robotaxi; AMD to start production of new MI325X AI chip; Singapore’s monetary policy; China’s stimulus and more
Singapore stocks began the morning trading in positive territory, shrugging off global market jitters from overnight losses. In early trade, the Straits Times Index (STI) rose 0.4 per cent to 3,599.98 points after 46.6 million securities changed hands in the broader market. In terms of companies to watch today, we have Top Glove, after the glove manufacturer yesterday reported a significantly narrower fourth-quarter net loss of RM3.6 million (S$1.1 million). Elsewhere, from how economists are expecting the Monetary Authority of Singapore to hold its currency band steady on Monday, to expectations ahead of a news conference in China held tomorrow – more local and international headlines remain in focus. Also on deck – news surrounding Seven & i, Bytedance, AMD and Tesla. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
10/11/2024 • 16 minutes, 29 seconds
What's Trending: The effect of Hurricane Milton to zoos
Hurricane Milton left over 3 million people without power in Florida, forcing zoos to prepare for more extreme storms. Even animals like sea turtles, manatees, penguins, moon jellies, snakes, lizards, turtles, alligators, toads, and hermit crabs have been moved from their enclosures to safer ground. Also, hurricane conspiracy theories have become a significant issue on social media, with false rumors about Hurricane Milton and Hurricane Helene spreading rapidly. These rumours range from innocuous questions about forecasts and rescue efforts to false claims about hurricane relief funds being spent on illegal migrants. Some even spread false images of the wreckage, and some shared evidence-free conspiracy theories about the government manipulating the weather.See omnystudio.com/listener for privacy information.
10/11/2024 • 6 minutes, 26 seconds
Market View: Minutes of September’s FOMC Meeting; Comments from Fed President Mary Daly; Lookahead to Tesla’s Robotaxi launch; Singtel’s cloud AI offerings for sensitive sectors; Metro acquires freehold prime office property with Sim Lian; Ennoconn Corp’s offer for Nera Telecommunications
Singapore shares began the day by trading in positive territory, mirroring gains in overseas bourses. In early trade, the Straits Times Index (STI) was up 0.5 per cent at 3,614.09 points after 61.6 million securities changed hands in the broader market. In terms of companies to watch, we have departmental store operator Metro. The company has acquired a freehold prime office property in Sydney, Australia, for A$196.4 million (S$172.3 million), with its joint venture partner, Sim Lian Group of Companies. Meanwhile, from Singtel launching its AI cloud service for sensitive sectors, to more on minutes from the Federal Reserve’s latest policy meeting – more corporate and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
10/10/2024 • 16 minutes, 43 seconds
Spill The Tea: Was American Idol the right move?
Jennifer Lopez, is an icon. So can she afford to make risky moves even though it may alter the public's perception of her, especially as an Actor? Like even when she became a reality TV judge on American Idol? What do The Evening Runway crew think? Press play for the tea shall be spilled! See omnystudio.com/listener for privacy information.
10/10/2024 • 3 minutes, 29 seconds
Under the Radar: LinkedIn’s APAC MD on the role of its algorithm in balancing supply and demand of content, focus on videos and AI
Put professional networking and social media together – and there you have it – that’s our guest for today, LinkedIn. Founded in 2003, LinkedIn connects the world’s professionals to make them more than productive and successful. The firm boasts a diversified range of services ranging from Talent Solutions, Market Solutions, Sales Solutions and Premium Subscriptions products. With over 1 billion members worldwide, including executives from every Fortune 500 company, the Microsoft-owned company is also the world’s largest professional network. In the APAC region alone, the social media player has a base of over 298 million individuals, helping them connect with like-minded professionals and remain updated on industry trends. Why are we speaking to LinkedIn you might ask? Well the social media network is an interesting one to look at given how it saw a boom in creators coming on board the platform amid the pandemic, when people had to work remotely, form connections, and market themselves using the internet. So how does the firm utilise its algorithm to prevent an overwhelm of content on users, but yet ensure that it remains valuable to the creator community and marketers who are purchasing its B2C subscriptions as well as B2B solutions? Speaking of algorithms, LinkedIn appears to be rolling out video carousels and prioritising videos on the platform in recent months. But what were the reasons behind the move? How important are videos in helping LinkedIn better engage and retain users and get businesses to up their advertising spend? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Feon Ang, APAC Managing Director, LinkedIn.See omnystudio.com/listener for privacy information.
10/10/2024 • 28 minutes, 19 seconds
That's How!: How to handle criticism at work
It all comes down to framing. Maybe criticism is meant to better your work. It's meant to help you improve. It's also objective, not subjective. But it's still not sitting right with you. On That's How! Roshan Gidwani uncovers some key points that can help you figure out how to handle criticism at work. Source: https://sg.indeed.com/career-advice/career-development/how-to-handle-criticismSee omnystudio.com/listener for privacy information.
10/10/2024 • 4 minutes, 15 seconds
Culture Club: One of Singapore’s fastest-growing shoe brands started from a living room
Do you find yourself falling back on the same few pairs of shoes for every occasion because it's tough to find footwear that truly fits the bill? For 7 years, Cherri Wong alternated between just 3 pairs of shoes, never finding a pair that ticked all the right boxes. That's when she decided to start her own footwear business. Now, Sunday Staples has 60,000 Instagram followers and four retail stores in Singapore. And it all started in Cherri's living room. With just $5000, she kicked off her business, selling out within just 2 weeks to become one of Singapore's fastest growing shoe brands. On Culture Club, Hongbin Jeong and Roshan Gidwani speak with Cherri Wong, Founder, Sunday Staples to find out more. See omnystudio.com/listener for privacy information.
10/10/2024 • 14 minutes, 42 seconds
R.I.C.H: Hopelessly devoted - A celebration of Olivia Newton-John
This October, the life and legacy of the late icon and artist Olivia Newton-John will be celebrated with a tribute concert Hosted by Tottie Goldsmith, Olivia’s niece. 'Hopelessly Devoted: A Celebration of Olivia Newton-John' plays at the Sands Theatre at Marina Bay Sands on 12th October 2024. On R.I.C.H, Hongbin Jeong and Roshan Gidwani speak with Tottie Goldsmith, Australian actress, singer, and niece of the late Olivia Newton John to find how she hopes to leave an impact on her aunt's legacy. See omnystudio.com/listener for privacy information.
10/10/2024 • 16 minutes, 38 seconds
What's Trending: One journalist falls victim to a travel scam - What you should note
Travel scams are on the rise. While not all travel scams end in violence, most leave unsuspecting tourists helpless and vulnerable. You may think you're smart enough to spot a scam, but you never know. A Straits Times’ journalist thought so as well, but she fell prey. How did that happen? How can we be more aware? What are some things we need to note before travelling to protect ourselves from these kinds of scams? On What's Trending, Hongbin Jeong speaks to Clara Lock, Assistant Life Editor, and Sarah Stanley, Journalist, both from The Straits Times. Check out their articles on The Straits Times: Travel Journal: I lost €200 in Paris and fought with scammers to claw some of it backhttps://www.straitstimes.com/life/travel/travel-journal-i-lost-200-in-paris-and-fought-with-scammers-to-claw-some-of-it-back 5 ways to protect yourself from travel scamshttps://www.straitstimes.com/life/5-ways-to-protect-yourself-from-travel-scams See omnystudio.com/listener for privacy information.
10/10/2024 • 13 minutes, 20 seconds
Spill the Tea: TikTok faces a lawsuit
Many people aren't happy about Tik-Tok's challenges and the way it targets users to keep using the app, especially teenagers. What are some of these addictive features and challenges that have or can potentially injure teens? The Evening Runway crew spills the tea! See omnystudio.com/listener for privacy information.
10/9/2024 • 3 minutes, 54 seconds
Sports Minutes: 14-year old Singaporean go-karter Kareen Kaur on her dreams of racing in F1
Ever dreamed of being a race driver, drawn by the speed and adrenaline? But what about the risks of pushing limits at breakneck speeds? Despite the dangers, 14-year-old Singaporean Kareen Kaur is already making waves in go-karting, with her sights set on Formula 1. Join us on Sports Minutes as we chat with Kareen and her dad, Kuldeep Singh, to learn more about her journey! READ MORE:https://www.straitstimes.com/sport/singapore-go-karter-kareen-kaur-14-dreams-of-racing-in-all-women-f1-academy Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
10/9/2024 • 20 minutes, 44 seconds
Market View: Open AI set to open Singapore office by years’ end; Singtel’s phone line disruption; SGX Securities Turnover; Alimentation-Couche-Tard ups offer for Seven & i Holdings and more
Singapore stocks began the morning trading in positive territory, mirroring overnight gains in the US market. In early trade, the Straits Times Index (STI) rose 0.8 per cent to 3,603.23 points after 29.7 million securities changed hands in the broader market. In terms of companies to watch, we have Singtel. That’s after business and emergency services hotlines, including those of hospitals and the Singapore Civil Defence Force, could not be reached for several hours yesterday due to an islandwide disruption involving Singtel’s telecommunications network. Elsewhere from the latest SGX securities turnover numbers and OpenAI set to open its Singapore office by the end of the year, more local headlines are in focus today. Also on deck – all about the battle for Seven & i. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Geoff Howie, Market Strategist, SGX.See omnystudio.com/listener for privacy information.
10/9/2024 • 15 minutes, 55 seconds
R.I.C.H: How to go from stress to success
Jeanette Qhek is a psychotherapist, counsellor, and wellness content creator on TikTok. Through her platform, she shares valuable wellness tips, insights, and advice aimed at empowering individuals and supporting their mental health journeys. Jeanette also runs Chill By Nette, a wellness space in Singapore that offers counselling services and wellness workshops, dedicated to fostering mental well-being. On R.I.C.H., Jeannette Qhek, Psychotherapist and Founder of Chill By Nette, to shed insights on fostering mental wellness, and how she empowers individuals to lead a more balanced and fulfilling lives. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Nadiah Koh Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
10/9/2024 • 13 minutes, 56 seconds
That's How!: How to tender resignation
You're ready to move on. You want to work somewhere else or you just have to find a different job. Whatever the case may be, it's time to tender your resignation. How do you do so? On That's How! Roshan Gidwani uncovers some key points that can help you figure out how to tender resignation. Source: https://sg.indeed.com/career-advice/career-development/how-to-tender-resignationSee omnystudio.com/listener for privacy information.
10/9/2024 • 3 minutes, 12 seconds
What's Trending: A technician's mistaken masterpiece
A lift technician at the LAM Museum in the Netherlands mistakenly threw away an artwork made to resemble two empty beer cans, titled "All the good times we spent together" by French artist Alexandre Lavet. The artwork, which was displayed in a glass lift shaft, was part of the museum's trademark of displaying pieces in "unconventional locations." Also, the world's oldest piece of cheese has been discovered in a 3,600-year-old coffin in Xiaohe Cemetery, China. Scientists discovered kefir cheese, made by fermenting milk using kefir grains, and found evidence of goat and cow's milk being used.See omnystudio.com/listener for privacy information.
10/9/2024 • 5 minutes, 26 seconds
Spill The Tea: Is the new Joker movie a flop?
The new joker movie didn't get audiences attention as much as it should have. Why not? Weren't the actors big enough stars? Did it take too long to be released? What do The Evening Runway crew think? Press play for the tea shall be spilled!See omnystudio.com/listener for privacy information.
10/8/2024 • 4 minutes, 57 seconds
Market View: China’s spending plans fell short of expectations, investors return from Golden Week Holiday; Foxconn building world’s largest Nvidia superchip facility; Short sentiment weighs on SGX-listed semiconductor plays and more
Singapore shares began the day in the positive territory after US equities fell overnight. In early trade, the Straits Times Index (STI) was up 0.1 per cent at 3,603.41 points after 88.5 million securities changed hands in the broader market. In terms of companies to watch, we have enterprise technology company Silverlake Axis. Silverlake Axis said last evening that it lost its free float as less than 10 per cent of its shares are publicly held and that it no longer meets the Singapore Exchange free-float requirement. Elsewhere on how semiconductor plays in Singapore are stumbling amid rising short interest, to Foxconn building the world’s largest Nvidia superchip factory – more chip-related headlines are in focus. Also on deck, China’s latest spending plans announced as markets returned from the Golden Week Holiday. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Analyst, OANDA.See omnystudio.com/listener for privacy information.
10/8/2024 • 15 minutes
R.I.C.H: She was an orphan. Now she's helping other kids through tech
Inspired by her own story, Ellice Hendricks-Ngis the founder of Doremi, a platform that helps foster parents have greater access to adoption opportunities and sponsor orphaned children, inspired by her own childhood. Abandoned by her birth parents, Ellice was passed from home to home after being illegally sold as a baby to a woman who eventually had to give her up. Before her fifth birthday, she was homeless a total of seven times. Fast forward to today, Ellice is a thriving entrepreneur, making it her mission to inspire and help others. On R.I.C.H, Hongbin Jeong and Roshan Gidwani speak with Ellice Hendricks-Ng, Founder of Doremi and Orangeleaf Consulting to find out more. See omnystudio.com/listener for privacy information.
10/8/2024 • 15 minutes, 54 seconds
Under the Radar: AXS’ Group CEO sheds light on the evolving payments landscape, acquisition of stake by Tower Capital Asia, partnership with Unionpay
It’s all about the payments landscape today as we speak to a pioneer in Singapore’s fintech space. Make a guess – this company also has over 650 self-service kiosks across Singapore and handles over 650 million bill payments since its inception in the year 2000. We’re talking about bills for schools, government, hospitals, insurance, utilities and more. And users also use the kiosks to pay for their fines or as we call it here in Singaporean terms - “summons”. You might have guessed it by now, our guest is indeed payments provider AXS. AXS is an interesting company to look at because of various reasons surrounding its ownership, the changing business environment and recent partnerships. In July 2023, DBS Bank had agreed to sell a 77.8 per cent stake in AXS to locally based private equity firm Tower Capital Asia. The move was said to provide AXS with the financial backing needed for its regional expansion and technological upgrades. But what should we know on this front, and what has been done one year since the news emerged? Meanwhile, to cater to changing consumer preferences and the increased need for integrated payments solutions, AXS came up with a newly launched app called AXS Drive to simplify parking payments without the need for physical cards. The question though is – how important is this for AXS financially? On the partnerships front, the firm also teamed up with Aleta Planet to launch remittance service through UnionPay. But what were the reasons behind the move, and how much money is in this space? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Jeffrey Goh, Group Chief Executive Officer, AXS. See omnystudio.com/listener for privacy information.
10/8/2024 • 27 minutes, 23 seconds
That's How!: How to write a retirement speech
Is there a particular format required for a retirement speech? A song, an introduction and even some fun moments mentioned? What works? On That's How! Roshan Gidwani uncovers some key points that can help you figure out how to write a retirement speech. Source: https://sg.indeed.com/career-advice/career-development/how-to-write-retirement-speechSee omnystudio.com/listener for privacy information.
10/8/2024 • 3 minutes, 32 seconds
Culture Club: Reimagine the art of luxury rug-making
Tappeti Fine Hand-Crafted Rugs + Carpets is debuting The Tappeti Designer Collective, a stunning new collection created in collaboration with five renowned designers. This collection, launching on Oct 10 at The ArtHouse Singapore, reimagines the art of luxury rug-making, blending traditional craftsmanship with contemporary design. The collection not only showcases Tappeti's bespoke, handwoven creations but also highlights the distinct creative visions of each designer, offering a fresh take on modern luxury. On Culture Club, Hongbin Jeong and Roshan Gidwani speak with Karinna Gobbo, Founder of Tappeti Fine Hand-Crafted Rugs + Carpets and Michael Fiebrich, Founder of Michael Fiebrich Design to find out more. See omnystudio.com/listener for privacy information.
10/8/2024 • 16 minutes, 40 seconds
What's Trending: The latest buzz on bees tracking
A team at The University of Oxford is using tiny radar chips to track bee movements, aiming to help declining insect and bird populations. The Biotracks technology uses harmonic radar tags attached to bees with a drone receiver to improve understanding of pollinator behaviour. The technology can track insect activity from a few meters to an entire field, allowing scientists to better understand the impact of insect pollination on plant and animal populations. Also, Singapore's Science Centre Observatory is hosting a virtual viewing session on October 17 to catch a rare comet, Comet C/2023 A3 (Tsuchinshan-Atlas). The comet is expected to be most visible in the western part of the island from October 11 to October 22 with minimal light pollution.See omnystudio.com/listener for privacy information.
10/8/2024 • 7 minutes, 1 second
Spill The Tea: Can soccer players get banned and fined?
Yes! But what’s it take? And what should we keep in mind? Getting a fine is not fun. Is it all for entertainment purposes? Press play because Roshan Gidwani, Hongbin Jeong and Chua Tian Tian shall spill the tea! Get in touch with our anchors at [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
10/7/2024 • 3 minutes, 40 seconds
Market View: Blockbuster US jobs report; Hotel Properties Limited and Lum Chang; Qian Hu reaches seven-year high on leadership change; Samsung Electronics’ profit expectations; Layoffs at Samsung, Dyson; Seven & i reportedly strengthening its hand in takeover battle; Oil prices and more
Singapore stocks began the day trading in positive territory, mirroring weekend gains in overseas markets. In early trade, the Straits Times Index (STI) rose 0.6 per cent to 3,609.72 points after 39.5 million securities changed hands in the broader market. In terms of companies to watch, we have ornamental fish service provider Qian Hu. Shares of Qian Hu rose to reach a seven-year high today after the company announced last week that its executive chairman Kenny Yap will retire at the end of the year. Elsewhere from more on Hotel Properties Limited and Lum Chang to how shares of Seven and i soared today – more corporate headlines remain in focus. Also on deck – a deep dive into the blockbuster US jobs report we saw on Friday, and a lookahead into Samsung’s latest profit numbers. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
10/7/2024 • 17 minutes, 17 seconds
Culture Club: Is Singapore's fine-dining scene is in hot soup?
We’ve all seen it in the news, Singapore’s fine-dining scene continues to see a culling of Michelin-starred fine-dining restaurants as the last quarter of 2024 approaches. Has the purge only just begun? Will we see more closures in 2025? How will the F&B scene continue to shape up in 2025, and what that means for you? On Culture Club, Hongbin Jeong and Roshain Gidwani speak with Manu Gandotra, Director of Food & Beverage at Fairmont Singapore and Swissôtel The Stamford.See omnystudio.com/listener for privacy information.
10/7/2024 • 11 minutes, 47 seconds
That's How!: How to showcase strong work ethic
You want to let your colleagues know that you have what it takes. Your performance at work may leave a last impression and alter your reputation. So how do you show up at work and prove that you're there to excel? On That's How! Roshan Gidwani uncovers some key points that can help you figure out how to showcase strong work ethic. Source: https://sg.indeed.com/career-advice/career-development/work-ethicSee omnystudio.com/listener for privacy information.
10/7/2024 • 3 minutes, 17 seconds
R.I.C.H: How this founder turned pixels into profit
Alvin Yap is the CEO and Co-Founder of Alteredverse, a virtual development platform that operates as part of YJP Surveyors’ subsidiary ventures. He currently leads the startup, drawing on his diverse expertise to build a cutting-edge digital twin metaverse powered by AI. Before founding Alteredverse, Alvin was a successful entrepreneur with extensive experience in the gaming, marketing, and creative sectors. He established a game development studio that earned recognition for its mobile games and later contributed to a marketing adtech firm and creative agency, where he made a significant impact. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Alvin Yap, CEO and Co-Founder, Alteredverse, explore his journey of starting over in a world where many face "game over," and how he continues to level up in the tech and gaming industry. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
10/7/2024 • 13 minutes, 6 seconds
What's Trending: When will Mount Everest stop growing?
Japanese toymaker MegaHouse has unveiled a miniature Rubik's Cube, measuring just 0.3 grams across. The aluminum cube, made from a single face, is about a 1,000th of the original size, with each side measuring just 1.6 millimetres. Also, Mount Everest, the world's tallest mountain, continues to grow, reaching 8,849 meters in 2019. However, neighbouring Nepal's Nanga Parbat, which is 8,126 meters tall, can overtake it in 241,000 years, provided erosion rates remain constant.See omnystudio.com/listener for privacy information.
10/7/2024 • 5 minutes, 53 seconds
Sports Minutes: From Bristol to Brunei, meet Jamie Mcallister!
The Singapore Premier League is known for many thing. It’s known for it’s high-scoring matches, fleet-footed foreigners, and spectacular goals. But one thing it’s not often known for is mid-season managerial changes. So when Brunei DPMM parted ways with head coach Rui Capela after just 6 games, it inevitably peaked people’s interest. Why? Why now? And who is Jamie Mcallister, the 46-year old Scotsman brought in to take over. Well the head coach of Brunei DPMM himself is the latest guest on the Sports Minutes hot seat.See omnystudio.com/listener for privacy information.
10/4/2024 • 24 minutes, 34 seconds
Spill The Tea: Did Melania Trump really make a mistake?
Melania Trump’s memoir is dropping soon, but today’s tea isn’t about that. When CNN reached out for an exclusive interview ahead of the book’s release, they received a surprising response: a request to sign an NDA and pay $250,000 for the interview. Melania’s team later claimed it was all a mistake—but was it really? Or could this have ties to similar high-priced speaking fees she’s received in the past? Hongbin Jeong spills the tea.See omnystudio.com/listener for privacy information.
10/4/2024 • 3 minutes, 52 seconds
R.I.C.H: The hospitality veteran who continues to brew success with Puzzle Coffee
Ever thought about starting your own coffee shop? But, what exactly does it take to run a successful coffeehouse here in Singapore? While some owners set out to simply serve good coffee, others choose to take their coffee further afield and scale their business to create a chain. Puzzle Coffee, a Melbourne-born specialty coffeehouse has gained such a strong following here in Singapore that they’ve opened a second outlet. The man behind the brand? Harry Apostolides, Co-Founder of Puzzle Coffee Singapore. On R.I.C.H, Hongbin Jeong speaks with Harry to find out why understanding your product makes you a better entrepreneur. See omnystudio.com/listener for privacy information.
10/4/2024 • 16 minutes, 8 seconds
That's How!: How to negotiate salary via email
Negotiating your salary can be tricky. It comes down to a few factors. What are they? And will you really get a higher offer? How can all of this be done via email? On That's How! Roshan Gidwani uncovers some key points that can help you figure out how to possibly negotiate a higher salary via email. Source: https://sg.indeed.com/career-advice/pay-salary/how-to-negotiate-salary-in-emailSee omnystudio.com/listener for privacy information.
10/4/2024 • 3 minutes, 26 seconds
Market View: Will China’s biggest stock rally in 16 years turn to bust?
Singapore stocks dropped at the opening bell today, after geopolitical tensions in the Middle East left Wall Street and European markets in a sea of red. But it recouped its losses to end the day 0.3 per cent higher. So what’s been driving the STI this week? Meanwhile, fears about the Middle East crisis are growing with investors awaiting Israel’s response to Iran’s missile attack. But are reactions in the oil market subdued? If our oil supplies are disrupted - how high could oil prices go? Additionally, on the equities front, Chinese stocks in Hong Kong are back to rallying after a one-day dip, with investors pinning hopes that data on the nation’s holiday spending will provide more impetus for the market. Are consumer stocks leading the rally here? Will Mainland Chinese stocks follow suit after markets reopen next week? On Market View, Hongbin Jeong speaks to Sunny Soh Lead Technical Analyst (Capital Markets & Investor Education), SIAS, to find out more about the latest market movements. See omnystudio.com/listener for privacy information.
10/4/2024 • 15 minutes, 20 seconds
Culture Club: The Jewels of Jaipur have landed in Singapore
From the royal treasury to a legendary house of fine jewellery, Yash Agarwal is the third generation of jewellers behind the iconic jewellery brand in India, Birdhichand Ghanshyamdas. The story of the brand begins in the 1890s with his great-great-grandfather, Birdhichand Agarwal, who had a keen eye to spot the rarest of gems. He was commissioned by Maharaja Madho Singh II of Jaipur as the treasurer of his prized possessions. Fast forward to today, Birdhichand Ghanshyamdas is bringing their incredibly intricate craftsmanship to Singapore’s shores. This exclusive event will see over 300 exquisite pieces. On Culture Club, Hongbin Jeong speaks with Yash Agarwal, Creative Director of Birdhichand Ghanshyamdas to find out more. See omnystudio.com/listener for privacy information.
10/4/2024 • 9 minutes, 52 seconds
What's Trending: Where can you taste the Krabby Patty in real life?
A 2-year-old beaver named Nibi has been released into the wild after a court decision. The state issued a permit to Newhouse Wildlife Rescue for Nibi to remain at the rehabilitation facility and serve as an educational animal. Nibi has been a hit on the rescue group's social media since she was a baby, and an online petition to save her from being released has received over 25,000 signatures. Also, Wendy's has partnered with Paramount to celebrate the 25th anniversary of SpongeBob SquarePants with a new Krabby Patty Kollab Burger and Pineapple Under the Sea Frosty. The burger features a quarter pound of Wendy's beef, American cheese, lettuce, tomato, pickle, onion, and a "top-secret" Krabby Kollab sauce, while the Pineapple Under the Sea Frosty, has a Vanilla Frosty base and a pineapple-mango puree.See omnystudio.com/listener for privacy information.
10/4/2024 • 4 minutes, 35 seconds
Spill The Tea: Iswaran sentenced to 12 months’ jail - Is this enough?
After today’s court proceedings, former Singaporean transport minister S. Iswaran was sentenced to 12 months in prison, following charges of accepting gifts from a public servant and obstructing justice. Does he deserve a longer sentence or is this enough? Hongbin Jeong spills the tea.See omnystudio.com/listener for privacy information.
10/3/2024 • 3 minutes, 59 seconds
R.I.C.H: How does reading forge lasting connections?
Dayana is the founder of Singapore’s first romance book club, a vibrant initiative that unites fellow romance enthusiasts within the TikTok book community. As a popular BookToker, she has garnered a significant following through her captivating book recommendations, unboxing videos, and beautifully curated book content, all of which showcase her deep passion for literature. Driven by her love for romance novels, Dayana established the book club to create a welcoming space for readers to connect and share their favourite stories. On R.I.C.H., Hongbin Jeong speaks to Dayana Yakob, Marketer, to find out more how founding a community of readers forge lasting connections. Presented by: Hongbin Jeong Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
10/3/2024 • 13 minutes, 4 seconds
Market View: Is October a pivotal month for US stocks?
US stock markets continued to edge higher to start the new month of October with the expectation of the upcoming big earnings season. So what has been driving markets? And in corporate news, Nike has released its first-quarter earnings, while Levis Strauss is also reviewing a potential sale for its Dockers brand, citing lower revenue growth. So what does it tell us about the state of the U.S. consumer sector?On Market View, Willie Keng finds out more about the US market movements with Thomas Chua, Founder, Steady Compounding. They also touch on China - its blistering stock market rally and jumbo stimulus measures.See omnystudio.com/listener for privacy information.
10/3/2024 • 15 minutes, 9 seconds
Culture Club: What to expect in this year's Singapore River Festival
The Singapore River Festival 2024 is back, celebrating its 8th edition with the theme ‘River of Lights and Colours.’ This year’s festival promises an unforgettable experience with dazzling light shows on iconic bridges, immersive cultural activities, delicious food tours, live music, and even pet-friendly events. Taking place from 4th to 13th October, it’s a celebration of Singapore’s rich heritage, culinary diversity, and vibrant entertainment scene along the historic river. On Culture Club, Hongbin Jeong speaks to Zen Xu, Manager of Events and Marketing, Singapore River One, to uncover what visitors can expect at this year’s exciting festival and how it continues to bring people together at the heart of Singapore. Presented by: Hongbin Jeong Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
10/3/2024 • 9 minutes, 22 seconds
What's Trending: A look into Nintendo's new museum
Nintendo's first museum in Japan offers a nostalgic trip back in video game time, set in the company's former factory complex in Uji. The museum, spread across three main buildings, features rare consoles, prototypes, interactive games, experiences, and a themed burger restaurant. Visitors can access insights into Nintendo mastermind Shigeru Miyamoto, known as the father of Super Mario, and its main attraction is the "Discover" area, featuring displays of almost every product ever released by the company. Also, a junk dealer, Luigi Lo Rosso, discovered an asymmetrical painting of a woman in the basement of an Italian villa in 1962. The painting, believed to be a distorted image of French photographer and poet Dora Maar, is believed to be the work of Pablo Picasso.See omnystudio.com/listener for privacy information.
10/3/2024 • 5 minutes, 48 seconds
Spill The Tea: Does Snapchat know who the next US President is?
Have you ever wondered if AI could predict the future? Snapchat users are putting this idea to the test, using the platform's AI chatbot to speculate on one big question: Who will be the next U.S. President? Think you know the answer? Join Hongbin Jeong as she spills the tea!See omnystudio.com/listener for privacy information.
10/2/2024 • 2 minutes, 44 seconds
Sports Minutes: All you need to know ahead of the 2024 Lion City Cup!
The 28th edition of the fabled Lion City Cup, Singapore’s premier youth football tournament, takes place on 4th & 6th October 2024 at the Jalan Besar Stadium. With a stellar cast of regional powerhouses including Japan's Tokyo Verdy FC, Malaysia’s Johor Darul Ta’zim (JDT), Thailand’s BG Pathum United - the Singapore U16s will have their work cut out despite home advantage. So how are they preparing for the baptism of fire? Shahir Hamzah, assistant team manager of the Singapore Under-16s, speaks to Sports Minutes to tell us more. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
10/2/2024 • 12 minutes, 10 seconds
That's How!: How to write a problem statement at work
Problem statements can help you find a solution. Isn't that the crux of what we're all trying to do? Don't you want to be the employee that can figure that out at work? The solution? Yes! On That's How! Roshan Gidwani uncovers some key points that can help you figure out how to write a problem statement. Source: https://www.indeed.com/career-advice/career-development/how-to-write-a-problem-statementSee omnystudio.com/listener for privacy information.
10/2/2024 • 3 minutes, 36 seconds
R.I.C.H: The value of mid-career education
Syed Adam’s journey is a testament to the power of mid-career education in driving sustainability efforts. As Business Development Manager at the Sustainable Energy Association of Singapore (SEAS), Syed is tackling key challenges under Singapore’s Green Plan 2030, focusing on renewable energy investment and upgrading infrastructure. Originally an aerospace engineer, Syed transitioned to sustainability after witnessing the impact of CO2 emissions in Southeast Asia. Despite having no experience, he pursued short courses in solar energy, carbon accounting, and ESG, while learning from industry mentors. On R.I.C.H., Hongbin Jeong speaks to Syed Adam, Business Development Manager, Sustainable Energy Association of Singapore (SEAS), to find out more. Presented by: Hongbin Jeong Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
10/2/2024 • 12 minutes, 56 seconds
Market View: Will there be continuous cheer for S-REITs?
Singapore shares opened in the negative territory, but ultimately closed in the green, up 0.1%. We’ve seen an incredible run of Singapore stocks. Year-to-date, shares of the largest 30 Singapore companies are up 11%, and it has hit its all-time peak over the last 5 years. Is there more room to run? On top of that, Singapore REITs market is the second largest REIT sector in Asia, behind Japan.With Fed started cutting rates, investors have been cheering with shares of S-REITs recovering 15% over the last 3 months. So what’s next? Will S-REITs continue to be winners of the market? On Market View, Willie Keng speaks to Carmen Lee, Head of OCBC Investment Research, to find out more. See omnystudio.com/listener for privacy information.
10/2/2024 • 11 minutes, 54 seconds
Culture Club: The secret to 'forever new' luxury bags
Luxury bags don’t come cheap. After dropping thousands of dollars on that latest 'it' bag, the last thing you want is to ruin its appearance with stains or scratches. So, how do you keep your beloved designer bags looking clean and brand-new for years to come? Haus of Veil, a Singaporean made brand, is on a mission to revolutionise household cleaning in the realm where luxury meets necessity, all while staying environmentally conscious. On Culture Club, Hongbin Jeong speaks with Tan Jia Hao and Lydia Lim, Co-Founders of Haus of Veil to find out more. Presented by: Hongbin Jeong Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
10/2/2024 • 12 minutes, 10 seconds
What's Trending: Did fans beat the bots for Coldplay tickets in India?
Coldplay concert tickets in India are being sold for obscene amounts on reselling platforms after being sold out on BookMyShow, the official ticketing platform. Many alleged that sales were rigged, with resellers selling tickets for five times the price before they were released on the official site. Also, a viral video by Denaesha Gonzalez, a mother to a 2-year-old, has become a real-life movement aimed at mothers who choose to pay it forward. The video shows people going through baby aisles at large department stores and tucking cash, notes of encouragement, or gift cards into diaper boxes, beneath cans of baby formula and other children's products. The trend began in early September and has become a heartfelt way for people to show their support to mothers who truly need it.See omnystudio.com/listener for privacy information.
10/2/2024 • 5 minutes, 2 seconds
Culture Club: What's our local distillery scene like?
Jamie Koh is the Founder of Brass Lion Distillery and she was on the show to discuss her six year journey to create a spirit that can truly encapsulate the heart of Singapore. The Singapore Dry Gin – a true reflection of the cultural melting pot that is Singapore. The multi award-winning Singapore Dry Gin is crafted with herbs and spices that were carefully selected. Why did Jamie feel the need to create a Singaporean Spirit? Find out on Culture Club! Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Nadiah Koh ([email protected]) and Roshan Gidwani ([email protected]) Want to get featured on our show? Drop us an email today!See omnystudio.com/listener for privacy information.
10/1/2024 • 10 minutes, 43 seconds
RICH: Who's the man who makes it happen?
Jack Sim the Founder of the World Toilet Organization, World Toilet Day initiative as well as the Restroom Association of Singapore discussed how he went from being an O-level failure to becoming a millionaire at 29. He didn’t even have a university degree so how did he launch a series of profitable businesses? Find out on RICH! Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Nadiah Koh ([email protected]) and Roshan Gidwani ([email protected]) Want to get featured on our show? Drop us an email today!See omnystudio.com/listener for privacy information.
10/1/2024 • 15 minutes, 6 seconds
Spill The Tea: Fortnite faces downloading issues
Apparently, Epic Games is upset that Samsung users have to go through more steps to download Fortnite on Samsung devices. Just how many more steps? Press play because Roshan Gidwani and Hongbin Jeong shall spill the tea! Get in touch with our anchors at [email protected], [email protected], [email protected]. See omnystudio.com/listener for privacy information.
10/1/2024 • 3 minutes, 34 seconds
Market View: Are local banks’ dividends sustainable following Fed rate cuts?
Singapore shares opened in the positive territory, but was unable to keep up with its rally, closing down 0.1%. This comes after Wall Street stocks scored gains as the Federal Reserve signalled further interest rate cuts are on the horizon. But what do Fed rate cuts mean for our local banks? Are their dividends sustainable? On Market View, Willie Keng is joined by Thilan Wickramasinghe, Head of Equity Research, Maybank Securities, to unpack all of the latest market movements, as well as the impact of rising tensions in the Middle East on oil prices. See omnystudio.com/listener for privacy information.
10/1/2024 • 12 minutes, 47 seconds
That's How!: How to write a proposal letter
You've got that business idea but you want to use a manufacturer. You've secured a manufacturer but you need a distribution partner. You want to impress these clients and companies and reach out to them to know if you can work with them. Is it possible? Of course. How can we go about doing this? By writing a proposal letter. On That's How! Roshan Gidwani uncovers some key points that can help you figure out how to write a proposal letter. Also, what is a proposal letter? Press play to find out exactly. Source: https://www.indeed.com/career-advice/career-development/how-to-write-a-proposal-letterSee omnystudio.com/listener for privacy information.
10/1/2024 • 3 minutes, 53 seconds
What's Trending: South Korea's oldest pageant queen
Choi Soon Hwa, an 80-year-old contestant from South Korea, is making history as the pageant's oldest ever participant. Born almost a decade before the first Miss Universe contest in 1952, Choi attended a modeling school at the age of 71. Also, Hollywood star Damian Lewis recently celebrated his status as a freeman by walking sheep toll-free across the Thames in London. This event is part of a fundraiser for the Woolmen Charity and the Lord Mayor's Appeal, aiming to impact London's societal issues.See omnystudio.com/listener for privacy information.
10/1/2024 • 5 minutes, 2 seconds
Sports Minutes: Another weekend, another SPL goalfest!
22 goals over 4 matches in Matchweek 18 of the Singapore Premier League and that included a top of the table clash between the Sailors and the Stags. But although it was raining goals, who was left celebrating apart from the neutrals? Well Deepanraj Ganesan and Zia-ul Raushan run the rule on Sports Minutes! READ MORE:https://www.straitstimes.com/sport/football-lions-shawal-goes-from-cleaning-glass-panels-to-scoring-goals-for-s-pore Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
9/30/2024 • 20 minutes, 23 seconds
Spill The Tea: Lana Del Rey's thrifted wedding dress
And that dress is worn, to her wedding! Is that the norm? Aren’t wedding dresses not supposed to be second hand? What do The Evening Runway think? Press play because Roshan Gidwani and Hongbin Jeong shall spill the tea! Get in touch with our anchors at [email protected], [email protected], [email protected]. See omnystudio.com/listener for privacy information.
9/30/2024 • 3 minutes, 45 seconds
Market View: The Bond Market - Is it worth buying today?
Stocks are continuously on an upward trend. Many are betting on equity markets. But with a Fed rate cut, what does it mean for bonds? Is it worth buying into fixed income markets? Willie Keng speaks to David Kuo, Co-founder, The Smart Investor, to find out more. See omnystudio.com/listener for privacy information.
9/30/2024 • 14 minutes, 45 seconds
That's How!: How to maintain a conversation
Ever feel stuck in the middle of a conversation with people, not knowing what to say next? Maybe you admire someone who can keep a conversation flowing? How do they do it? What are the tricks? Is it natural ability, or can it be learned? On That's How! Roshan Gidwani uncovers some key points that can help you figure out how to make a conversation flow. Source: https://www.indeed.com/career-advice/career-development/how-to-keep-a-conversation-goingSee omnystudio.com/listener for privacy information.
9/30/2024 • 4 minutes, 2 seconds
Under the Radar: MSD on its Singapore Tech Centre and the importance of innovating and collaborating with local ecosystem players and startups
It’s all about the pharmaceutical industry today as we check in on one of our earlier guests on “Under the Radar” to find out what’s next for them. Known as MSD everywhere outside of the US and Canada, our guest aims to harness the power of leading-edge science to improve lives globally, and has been on the path of doing so for over 130 years, through the development of medicines and vaccines. The firm’s businesses span across three big categories, namely pharmaceuticals, vaccines and animal health, generating US$60.1 billion in worldwide revenue in 2023. It set up shop in Asia Pacific over 60 years ago, and now has a footprint in 12 regional markets such as Australia, Hong Kong, India, Indonesia, Korea, Singapore, Malaysia and more. Back home, MSD set up its APAC headquarters as well as a Technology Centre here in Singapore. It also recently celebrated its 30 years in the country. Back home, MSD set up its APAC headquarters as well as a Technology Centre here in Singapore. It also recently celebrated its 30 years in the country. But why are we speaking to MSD you might ask? Well, MSD’s venture unit is reportedly said to be planning to spend US$38 million across Europe and Asia in the three years from June 2024 to double down on its presence in the two key markets. But what kind of target firms is the firm looking for? What technologies does MSD want to build along with entrepreneurs in the two identified regions? How will MSD’s Singapore’s technology centre support this? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Abdullahi Sheriff, Managing Director, MSD Singapore, Malaysia and Brunei and Julie Olszewski, Executive Director and Communications and Change Management Lead, Chief Technology Office at MSD.See omnystudio.com/listener for privacy information.
9/30/2024 • 42 minutes, 33 seconds
R.I.C.H: How this entrepreneur redefine networking
Arich Tan is a visionary entrepreneur and founder of 33Club, an exclusive private business and social club designed for influential leaders to connect, collaborate, and grow. With 33Club, located in Singapore’s financial district, Arich creates a space where entrepreneurs, investors, and industry leaders can forge meaningful connections and grow their wealth. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Arich Tan, Chairman, 33 Club, to discuss his journey and the vision behind this exclusive community. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
9/30/2024 • 11 minutes, 56 seconds
Culture Club: Ready to play? From CAPCOM to Baldur’s Gate 3 at Gamescom Asia 2024
gamescom asia, Asia’s premier video games business and consumer event, returns to mark another year of Asian gaming excellence, bringing together the breadth of Southeast Asia's games industry and its fans. The event will be hosted in Singapore from 17 - 20 October 2024, with a business and public exhibition, an industry conference, and several programmes for the public. On Culture Club, Hongbin Jeong and Roshan Gidwani speak with Daria La Valle, Project Director at Koelnmesse to find out more. See omnystudio.com/listener for privacy information.
9/30/2024 • 11 minutes, 23 seconds
What's Trending: Would you buy a Donald Trump watch?
Joshua Kiser, an American man, set the world's tallest hat record at 17 feet and 9.5 inches during the COVID-19 pandemic. Despite several years of failed attempts, including an initial cardboard and velcro hat that only reached 5 feet, he ultimately succeeded in setting the new record. Also, former President Donald Trump has launched a $100,000 collection of luxury gold watches, including the "Fight Fight Fight" and "Victory Tourbillon" models. Both models bear Trump's name, but experts suggest the less expensive model may use a Seiko movement and the pricier one may have Chinese components.See omnystudio.com/listener for privacy information.
9/30/2024 • 5 minutes, 30 seconds
Spill The Tea: Why was Naomi Campbell disqualified?
Yes, you read that right! The supermodel has been disqualified as a trustee from her own charity. Why? Well, let's just say the funds weren't used properly. Press play because Roshan Gidwani, Hongbin Jeong and Chua Tian Tian shall spill the tea! Get in touch with our anchors at [email protected], [email protected], [email protected] omnystudio.com/listener for privacy information.
9/27/2024 • 5 minutes, 11 seconds
Sports Minutes: F1 Academy racer Jessica Edgar on breaking the stereotypes on females in motorsport
This time last week, Formula 1 took centre stage in Singapore….with the streets abuzz with the revving of engines, and fanfare to welcome the stars of the paddock. But beyond that, did you know the city was also the venue for the F1 Academy race - a series which champions the next generation of female talents to explore their own motorsport journeys. Currently in it's second year, is the F1 Academy on course to breaking barriers in the sport? 19-year old british racer Jessica Edgar speaks to Sports Minutes to tell us more. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
9/27/2024 • 10 minutes, 40 seconds
That's How!: How to know if you should become an entrepreneur
Have you always known you were a born leader? Do you have a business idea but you're second guessing yourself? Maybe entrepreneurship is for you. On That's How! Roshan Gidwani uncovers some key points that can help you figure out if being an entrepreneur is really for you or someone else you know. Source: https://www.indeed.com/career-advice/career-development/how-to-write-a-proposal-letterSee omnystudio.com/listener for privacy information.
9/27/2024 • 4 minutes, 32 seconds
Market View: Expectations on US August PCE Price Index; Chinese stocks to register best week since 2008 on stimulus measures; Divergence in movements of Yangzijiang counters; Wilmar International hot stock of the day; CapitaLand Integrated Commercial Trust to issue new units; US government’s US$8.5 billlion funding for Intel
Singapore stocks began the day trading in negative territory, despite overnight gains in global markets. In early trade, the Straits Times Index (STI) dropped 0.1 per cent to 3,580.11 points after 30.8 million securities changed hands in the broader market. In terms of companies to watch today, we have CapitaLand Integrated Commercial Trust. The trust will issue 377.3 million new units to raise gross proceeds of about S$757.2 million from its preferential opening that closed on Tuesday. Elsewhere from how shares of Yangzijiang Shipbuilding and Yangzijiang Financial traded divergently earlier today to Chinese stocks set to register its best week since 2008 – more corporate and international headlines remain in focus. Also on deck – one last look at expectations for the US August PCE price index due tonight. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
9/27/2024 • 15 minutes, 21 seconds
What's Trending: Is too much caffeine good for you?
The annual Cream Cheese Festival in New York hosted a Guinness World Record attempt with a 15,008-pound cheesecake, reclaiming the title from a previous record set in 2013. The cheesecake, made by Derrick Langdon and his team, weighed 15,008 pounds, almost 7,000 kilograms. On other news, new research suggests that three cups of coffee or tea a day may lower the risk of developing cardiometabolic multimorbidity, which includes coronary heart disease, stroke, and type 2 diabetes. However, the study is observational and the extent of the connection between caffeine and heart health remains unclear.See omnystudio.com/listener for privacy information.
9/27/2024 • 5 minutes, 48 seconds
Spill The Tea: Is the Wuthering Heights casting okay?
Wuthering Heights, the popular novel will be made into a feature film by Emerald Fennell! With Margot Robbie and Jacob Elordi to star in the lead roles, will their age difference be an issue? What do The Evening Runway crew think? Press play because Roshan Gidwani, Hongbin Jeong and Chua Tian Tian shall spill the tea! Get in touch with our anchors at [email protected], [email protected], [email protected]. See omnystudio.com/listener for privacy information.
9/26/2024 • 4 minutes, 35 seconds
Market View: Tech-led rally in Asia, Micron’s earnings; OpenAI reportedly discussing making company a for-profit business; First Sponsor raises S$244m from rights issue; Hanwha vs Dyna-Mac; Singapore’s factory output far outstrips economists’ median forecast; Smaller Ikea outlets across China
Singapore stocks began today trading in negative territory, mirroring overnight losses in global markets. In early trade, the Straits Times Index (STI) decreased 0.3 per cent to 3,573.67 points after 36.1 million securities changed hands in the broader market. In terms of companies to watch, we have First Sponsor. The mainboard-listed property developer has raised gross proceeds of about S$244 million from its rights issue. Elsewhere, from more on Singapore’s factory output far exceeding economists’ median forecast in August, to Ikea testing smaller stores in China – more local and international headlines remain in focus. Also on deck – Micron’s latest earnings outlook, plus how OpenAI is discussing giving chief executive officer Sam Altman a 7 per cent equity stake in the company and restructuring it to become a for-profit business. On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
9/26/2024 • 17 minutes, 48 seconds
That's How!: How to know if you should become a doctor
Have you always wanted to help people? Is being a doctor the career you've always wanted but just didn't know how to start, or where to begin? On That's How! Roshan Gidwani uncovers some key points that can help you figure out if being a doctor is really for you or someone you know. Source: 1.https://www.truity.com/blog/should-i-become-doctor 2. https://sg.indeed.com/career-advice/finding-a-job/doctor-career-path-singaporeSee omnystudio.com/listener for privacy information.
9/26/2024 • 3 minutes, 40 seconds
Under the Radar: Toys “R” Us Asia’s CEO on tapping the “kidult” segment with collectables and changing the future of play
You would have heard of the old proverb that goes “all work and no play makes Jack a dull boy”. So – we’re going to talk all about play, and in particular about the future of play with our guest today, Toys “R” Us Asia. Headquartered in Hong Kong, Toys “R” Us Asia operates around 460 stores across Asia, with an aim to fuel imagination and inspire the next generation through the power of toys and play. That means providing toys and experiences for both children and also what it terms as “kidults”. What is key to note, though, is that Toys”R” Us is independent from the other Toys “R” Us companies we see in the rest of the world. For Toys “R” Us Asia specifically, its footprint spans across Mainland China, Japan, Malaysia, Hong Kong, Taiwan, Singapore, Thailand and Brunei. The firm also licences over 90 additional stores in the Philippines and Macau. Now, Toys “R” Us Asia is an interesting company to look at because of how drastically the toy industry has changed globally in recent years. According to a report by market research firm Circana out in June 2024, consumers aged 18 and above spent US$1.5 billion in toy-related purchases from January through April. The numbers meant that the adults outstripped the three-to five-year-old consumer group as the most important demographic age group for the toy industry. But what opportunities does this present for toy retailers like Toys “R” Us Asia? And what will this mean in terms of store layouts, and products to bring on the shelves? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Leo Tsoi, CEO and Board Member at Toys“R”Us Asia.See omnystudio.com/listener for privacy information.
9/26/2024 • 37 minutes, 25 seconds
R.I.C.H: Success — A result of luck, hard work, or both?
For Singaporeans who grew up in this country, we pretty much know the ‘formula’ to succeeding in life: acing the system through good grades and then finding a decent job. This is, however, not how life has been for Workato’s CEO, Vijay Tella. The realities of growing up in India during the 50s and 60s shaped his nuanced outlook on how societal factors need to work hand-in-hand with a certain degree of luck for one to have a ‘decent’ life. Vijay has led a few start-ups to success, and he prides this streak of excellence to the workplace culture that he brings to these companies. On R.I.C.H, Hongbin Jeong and Roshan Gidwani speaks with Vijay Tella, CEO, Workato to find out more about his perspective towards life, from the boy who grew up in hardship in India and to the CEO now running a business.See omnystudio.com/listener for privacy information.
9/26/2024 • 10 minutes, 26 seconds
Culture Club: What's the ideal wedding look for mothers?
Mothers hold a special role at their child's wedding, often facing unique challenges in fashion and styling. Balancing tradition with modern trends and fitting the wedding theme can be tricky. Here enters Lorraine Lee, Founder and Creative Designer of Zion Creation, brings over 30 years of experience in creating elegant cheongsams and gowns for mothers. She offers expert insights into current fashion trends, timeless styles, and practical advice for navigating multiracial weddings while respecting cultural and religious customs. On Culture Club, Hongbin Jeong and Roshan Gidwani talk with Lorraine Lee, Founder and Creative Director of Zion Creation, about how mothers can balance tradition, modern trends, and cultural customs in their wedding attire. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Meng Choon Chua Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
9/26/2024 • 12 minutes, 17 seconds
What's Trending: How do you send your cat memes?
Cat memes have been trending since the 1990s, with office workers and friends sending them via email. As the web developed, demand for these content increased, leading to websites like ICanHasCheezburger showcasing popular pet videos and cat memes. Also, scientists predict Earth will receive a second moon this autumn, as a small asteroid, 2024 PT5, will temporarily become a "mini-moon" due to Earth's gravitational pull. The asteroid, which is 10m long, will orbit Earth for two months before escaping.See omnystudio.com/listener for privacy information.
9/26/2024 • 5 minutes, 17 seconds
R.I.C.H: The keys to mental health and wellness
What's the key to caring and how can we go the extra mile? Is it through relationships and connections? Dr Jade Kua, Master Certified Coach and Founder of Jade Life and Wellness Coaching Academy shares more about her multifaceted career and explores the challenges she’s faced so that we can all learn more about how she integrates wellness and mindfulness into her own life and the lives of others. Maybe we can use some of that wisdom to transform ourselves for the better! Presented by: Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Roshan Gidwani ([email protected]) Want to get featured on our show? Drop us an email today!See omnystudio.com/listener for privacy information.
9/25/2024 • 13 minutes, 48 seconds
Sports Minutes: Ryhan Stewart on his attempts to play in Europe, lessons learnt and signing for Albirex Niigata
Having embarked on an ambitious attempt to secure a move to a European football club, Ryhan Stewart was recently surprisingly unveiled as a new signing for Singapore Premier League team Albirex Niigata instead. So how and why did this happen? And just how close was Ryhan to joining a club in Europe? He joins us on Sports Minutes to shed light on this and much more. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
9/25/2024 • 21 minutes, 7 seconds
Spill The Tea: Murdoch entrusts his empire to whom?
Just like the TV series “Succession”, the Murdoch family got together again. How will the empire be divided and what are the repercussions? What do The Evening Runway crew think? Press play because Roshan Gidwani and Chua Tian Tian shall spill the tea! Get in touch with our anchors at [email protected], [email protected], [email protected]. See omnystudio.com/listener for privacy information.
9/25/2024 • 5 minutes, 17 seconds
Market View: US Fed governor Michelle Bowman on inflation, US consumer confidence; OpenAI reportedly pitched to Biden Administration on massive data centres; Gold prices hovered near record highs; MAS CTREX panel; PBOC snips medium-term lending facility
Singapore stocks began the day trading in negative territory, despite gains in global equities overnight. In early trade, the Straits Times Index (STI) shed 0.4 per cent to 3,608.22 points after 56.8 million securities changed hands in the broader market. In terms of developments to watch, the Monetary Authority of Singapore (MAS) has set up a Cyber and Technology Resilience Experts panel or the CTREX panel to help ensure the robustness of the country’s financial sector in these two areas. But what are the implications on the investing community? Meanwhile, from more on gold prices staying near record highs, to comments by US Fed officials on the country’s fight against inflation, more international headlines remain in focus. Also on deck, how OpenAI has reportedly pitched the Biden administration on the need for massive data centres that could each use as much power as entire cities. On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.See omnystudio.com/listener for privacy information.
9/25/2024 • 17 minutes, 33 seconds
That's How!: How to not crack under pressure at work
Do you find yourself getting stressed at work? Are there too many tasks? Are you looking to keep calm and complete your work in an orderly manner? On That's How! Roshan Gidwani uncovers some key points that can help you not crack under pressure at work. Source: https://www.truity.com/blog/how-not-crack-under-pressure-fast-paced-work-environment-intpSee omnystudio.com/listener for privacy information.
9/25/2024 • 2 minutes, 40 seconds
Culture Club: Rediscover confidence & dare to wear your skin bare
Blemish-free, supple and glowing skin is all a person could ever ask for. However, given Singapore’s hot and humid weather all year round, finding a suitable product for your skin can be quite difficult. Sabina Munshi is a digital content strategist and founder of homegrown skincare line Baréskin. Her skincare range is made for island life where the tropical weather can leave your skin thirsty for extra care. On Culture Club, Roshan Gidwani speaks with Sabina Munshi, Founder, Bareskin to find out more.See omnystudio.com/listener for privacy information.
9/25/2024 • 14 minutes, 17 seconds
What's Trending: Have you heard of this giant baby penguin?
Pesto, a brown, chocolatey, and fluffy baby penguin in Australia, has become a viral superstar, with popstar Katy Perry visiting it. Born in January, Pesto is the largest baby penguin the aquarium has ever seen, weighing 22.5 kilograms. Also, Canadian photographer Patricia Homonylo won the Bird Photographer of the Year award for her image "When Worlds Collide," which depicts over 4,000 birds killed by collisions with windows and reflective surfaces. The image, taken in Toronto, features a wild turkey surrounded by smaller birds.See omnystudio.com/listener for privacy information.
9/25/2024 • 3 minutes, 39 seconds
Spill The Tea: MrBeast underfed show participants?
MrBeast faces a lawsuit. Some participants on one of his productions were not treated fairly. Is he not the nice guy we all know him to be? What do The Evening Runway crew think? Press play because Roshan Gidwani and Chua Tian Tian shall spill the tea! Get in touch with our anchors at [email protected], [email protected], [email protected]. See omnystudio.com/listener for privacy information.
9/24/2024 • 4 minutes, 41 seconds
Market View: China’s unveils biggest package yet to boost property market; Meta AI chatbot to use John Cena, Kristen Bell’s voices; RBA rate decision, impact on Aussie dollar; DFI Retail Group divests stake in Yonghui Superstores to Miniso; Levi Strauss pushes back on revenue target
Singapore stocks began the day trading in positive territory, mirroring overnight gains in global markets. In early trade, the Straits Times Index (STI) climbed 0.2 per cent to 3,644.8 points after 46.5 million securities changed hands in the broader market. In terms of companies to watch, we have DFI Retail Group, after the supermarket and retail store operator yesterday announced plans to divest its entire stake in Yonghui Superstores to low-cost retailer Miniso. Elsewhere, from the Reserve Bank of Australia holding its key rate at a 12-year high, to China unveiling its biggest package yet to shore up its property market – more global headlines remain in focus. Also on deck – Meta AI chatbots that speak in the voices of John Cena and other celebrities! On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.See omnystudio.com/listener for privacy information.
9/24/2024 • 15 minutes, 21 seconds
Under the Radar: Lenovo’s APAC President on how AI PCs would be the boost for the global PC industry, and its plan to gain a foothold in the space
Today we’re going to catch up with one of our earlier guests who is said to operate a global technology powerhouse with a revenue of US$57 billion. You might have guessed it by now, yes we’re speaking to electronics maker and IT services provider Lenovo. To recap, the firm delivers a portfolio of PCs and tablets, monitors, accessories, smart home and collaboration solutions, as well as smart infrastructure data centre solutions around the world. It has since 1995 shipped over half a billion PCs, and makes three devices every second. More recently, Lenovo Group had in August revealed that net income grew 38 per cent to US$243 million in the three months ended June, beating estimates amid growing demand for computer hardware and data centres and as companies double down on artificial intelligence spending. But how does the firm assess demand for its latest performance? How far will generative AI give the recovering computing industry a shot in the arm? Speaking of generative AI, Lenovo had in September 2024 unveiled its latest advancements at Lenovo Innovation World 2024 in Berlin, where it launched a series of artificial intelligence PC devices powered by processors from Intel, Advanced Micro Devices and Qualcomm. But how would the firm assess its relationship with the semiconductor makers and big tech firms, and how does the company assess its market position in the PC and technology space in the AI Era? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Amar Babu, President, Lenovo Asia Pacific.See omnystudio.com/listener for privacy information.
9/24/2024 • 41 minutes, 32 seconds
That's How!: How to know if you should become a pilot
Have you always dreamed of wearing a pilot's uniform? Do you secretly want to fly high in the skies? Is this career path for you? On That's How! Roshan Gidwani uncovers some key points that can help you uncover whether becoming a pilot is really for you or someone you know. Source: 1.https://sg.indeed.com/career-advice/finding-a-job/how-to-become-pilot 2. https://www.truity.com/blog/should-i-become-pilot 3. https://flightschool.sg/articles/flight-training/how-to-become-a-pilot-in-singapore-1See omnystudio.com/listener for privacy information.
9/24/2024 • 5 minutes, 15 seconds
R.I.C.H: The right way to practice philanthropy
Is philanthropy still making a meaningful difference, or is it becoming more about image than impact? On R.I.C.H., Roshan Gidwani and Zat, Editor-in-Chief of The Peak Singapore, will tackle this question by exploring two key articles — "Why Good-Washing Threatens Philanthropy and How We Can Protect Its Integrity," where leaders from NVPC and CFS urge a shift back to authentic, inclusive giving. They also delved into "Passive Philanthropy is Over, and Sheryl Fofaria is Demanding More," where UBS’s Sheryl Fofaria advocates for strategic, bold philanthropy aimed at creating lasting global change. Presented by: Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
9/24/2024 • 15 minutes, 30 seconds
Culture Club: The recovery of Singapore's local dining scene
Singapore's fine dining scene has seen several high-profile closures, including the one-Michelin-starred La Dame de Pic at Raffles Hotel, Osteria BBR by Alain Ducasse, and Tigerlily Patisserie. And the cause? It's the rising operational costs, manpower shortages, and the GST hike which have added significant pressure on the industry. But in response, restaurants are embracing pop-ups and collaborations to adapt. On Culture Club, Roshan Gidwani speaks with Kenneth Goh, Digital Editor, The Peak Singapore, about the evolving dining landscape and how Singapore's top restaurants are navigating these challenging times. Presented by: Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
9/24/2024 • 12 minutes, 49 seconds
What's Trending: What can we look forward to Tamagotchi's comeback?
On What's Trending, Tamagotchi is having a comeback! This iconic 90s virtual pet, once a global sensation, has been revived by Bandai Namco. The updated Tamagotchi keeps its classic egg shape but adds modern features like Wi-Fi, friend connections, and downloadable items. Also, how far would you go for a video? Probably not as far as Stefan Jankovich, who waited in a bear cave just to record the bear's return for social media! Jankovich went viral after sharing footage of himself sitting in the cave as the bear returned, nervously watching while it sniffed around and even came inches from his face and camera. See omnystudio.com/listener for privacy information.
9/24/2024 • 3 minutes, 4 seconds
Sports Minutes: 17-year old Singaporean Christian Ho moves one step closer to F1 dream!
Formula 1 fever is undoubtedly in the air with the recently concluded Singapore Grand Prix lighting up the night sky. And while sports fan quench the need for speed by welcoming the fastest cars in the world, there’s a certain Singaporean plotting his way to get a chance to fill one of those 20 coveted seats! If you’re not already aware, remember the name...Christian Ho! The 17-year old speaks to Sports Minutes about recently securing a Formula 3 seat for 2025, his preparations and his ambitions. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
9/23/2024 • 15 minutes
Spill The Tea: Is Doja Cat engaged?
Doja Cat flashed a ring on her left finger recently. So is she engaged? Because she denied it, then deleted that tweet… What do The Evening Runway crew think? Press play because Roshan Gidwani and Chua Tian Tian shall spill the tea! Get in touch with our anchors at [email protected], [email protected], [email protected]. See omnystudio.com/listener for privacy information.
9/23/2024 • 5 minutes, 23 seconds
That's How!: How to know if you should become a teacher
Is the classroom where you thrive? Were you meant to guide kids to get their best grades? Is being a teacher your life's calling? On That's How! Roshan Gidwani uncovers some key points that can help you uncover whether becoming a teacher is really for you or someone you know. Source: 1. https://www.truity.com/blog/should-i-become-teacher 2. https://sg.indeed.com/career-advice/finding-a-job/things-to-know-about-teaching-in-singaporeSee omnystudio.com/listener for privacy information.
9/23/2024 • 3 minutes, 53 seconds
Market View: Singapore’s August inflation higher than expected; CapitaLand’s Ascott to open 28 properties across SEA in 2024; SGX’s new CFO; Malaysian Ringgit set for best quarter since 1973; Morgan Stanley vs SK Hynix; What to watch this week – US PCE, earnings from Micron, Costco, H&M
Singapore shares began trading in positive territory today, despite last week’s losses in global markets. In early trade, the Straits Times Index (STI) climbed 0.1 per cent to 3,629.55 points after 36.64 million securities changed hands in the broader market. In terms of companies to watch, we have CapitaLand Investment after its wholly owned lodging business unit, Ascott, said today that it expects to open 28 properties across South-east Asia in 2024. Elsewhere from Singapore’s latest inflation numbers to South Korea’s financial watchdog looking into Morgan Stanley’s order to sell SK Hynix shares before research analysts at the bank cut their recommendation on the stock – more corporate and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
9/23/2024 • 14 minutes, 52 seconds
R.I.C.H: How this ex-commodities trader became one of Paris' leading voices in Asian cuisine
A Paris-based Singaporean entrepreneur has made a name for herself by filling bellies and fueling movements through our local food culture. Do you want to make a career out of something that excites you? What if that passion project takes you out of the country to a foreign land? On R.I.C.H, Roshan Gidwani speaks with Pearlyn Lee, the co-founder of Nonette Bánh Mì and Donuts, and Singaporean restaurant The Hood to find out more about Pearlyn's R.I.C.H mindset! Presented by: Roshan Gidwani Produced and Edited by: Nadiah Koh ([email protected]) and Roshan Gidwani ([email protected]) Want to get featured on our show? Drop us an email today!See omnystudio.com/listener for privacy information.
9/23/2024 • 14 minutes, 29 seconds
Culture Club: UltraLuxe, the greatest niche luxury festival returns to Singapore
UltraLuxe, Singapore’s highly anticipated annual niche luxury festival, is returning this year from the 4th to the 13th of October for its third iteration. The epitome of opulence and exclusive experiences, UltraLuxe 2024 takes us on a journey through the realms of luxury. On Culture Club, Roshan GIdwani speaks with Angela Loh, CEO and Founder of UltraLuxe and Victor Lee, CEO of CIMB to find out more. Presented by: Roshan Gidwani Produced and Edited by: Nadiah Koh ([email protected]) and Aaron Lam Want to get featured on our show? Drop us an email today!See omnystudio.com/listener for privacy information.
9/23/2024 • 14 minutes, 7 seconds
What's Trending: An unlikely passenger on board
On What's Trending, a man discovered he has been paying his neighbour's power bill for up to 18 years. After noticing his bill was increasing, he contacted his power company to investigate; the company discovered he was being charged for the neighbour's unit instead of his own. Also, squirrels boarded a train from Reading to Gatwick, forcing passengers to flee. Staff tried to lure the squirrels off with snacks and brooms, but they couldn't remove them.See omnystudio.com/listener for privacy information.
9/23/2024 • 2 minutes, 21 seconds
Spill The Tea: Oprah controls her content
If someone made a film about you and you didn’t like it, would you just buy it back? If you had the money, you might right? That’s exactly what Oprah did. Why? Because she’s a billionaire! What do The Evening Runway crew think? Press play because Roshan Gidwani and Chua Tian Tian shall spill the tea! Get in touch with our anchors at [email protected], [email protected], [email protected]. See omnystudio.com/listener for privacy information.
9/20/2024 • 4 minutes, 41 seconds
Sports Minutes: 2024 Formula 1 Singapore Grand Prix Preview
With the 15th edition of the Formula 1 Singapore Grand Prix set to light up the night sky this weekend, who will rule the streets? Can the in form McLarens secure their first win in the Lion City, or will the established likes of Verstappen and Hamilton come to the fore? Alex Yoong, former F1 driver & Matthew Marsh, F1 commercial consultant weigh in on Sports Minutes. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
9/20/2024 • 13 minutes, 21 seconds
Under the Radar: Whisky auctioneer Whisky Hammer on volatilities in whisky prices, its Hong Kong backer, and opportunities in Asia
Calling once, calling twice and SOLD! Today’s conversation takes us through the ins and outs of an auctioneer auctioning – no not rare art pieces or jewellery, but bottles of whisky. Founded in 2015 by two brothers, our guest Whisky Hammer is a family run whisky auction service based in North East Scotland. The firm said it hosts monthly auctions dedicated to whisky and other fine spirits, attracting over 200,000 buyers and sellers from every corner of the globe. At these auctions, Whisky Hammer said it auctioned off a wide range of whiskies, both bottles and casks. The company also noted that it achieved the world record for the highest value cask ever sold at auction. Whisky Hammer is an interesting company to look at because it is apparently backed by private equity investors over in Hong Kong. According to online website Drinks International, the firm and its sister company Still Spirit had in 2021 sold a 49 per cent stake to Hong Kong’s whisky investment group Rare Whisky Holdings. But how far has Rare Whisky Holdings’ involvement in the firm helped it tap further growth or changed its direction for the future? Ownership structure aside, it is also worthwhile to look at Whisky auctioneers with whisky increasingly seen as a form of alternative investment. Broadly speaking, whisky prices are falling right now. In Knight Frank’s 2024 Wealth Report out in March this year,its Luxury Investment Index fell 1 per cent over the year pulled down by falling values in Whisky. But what will this mean for supply and demand of whisky bottles and casks, and what will this mean for auctioneers like Whiskey Hammer? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Daniel Milne, Managing Director of Whisky Hammer.See omnystudio.com/listener for privacy information.
9/20/2024 • 27 minutes, 20 seconds
That's How!: How to know if you should become a therapist
There's many career paths to choose from? Have you ever becoming a therapist? What is it about psychology that intrigues you? Do you feel like you're a good listener On That's How! Roshan Gidwani uncovers some key points that can help you uncover whether this career path is for you. Source: https://www.truity.com/blog/should-i-become-therapistSee omnystudio.com/listener for privacy information.
9/20/2024 • 3 minutes, 48 seconds
Market View: Singapore Grand Prix on hospitality plays; CPF interest rate for Special, MediSave, Retirement accounts raised to 4.14%; OpenAI latest fundraising round; Bank of Japan holds rates; TalkMed, CapitaLand Ascott Trust and OUE Reit
Singapore stocks began trading in negative territory today, despite gains in global equities overnight. In early trade, the Straits Times Index (STI) dropped 0.1 per cent to 3,628.46 points after 60.5 million securities changed hands in the broader market. In terms of companies to watch today, we have TalkMed Group. The tertiary healthcare services provider said yesterday that discussions on a potential acquisition of a stake in TalkMed are still in the preliminary stages and there is no guarantee that a transaction will take place. Elsewhere from more on CapitaLand Ascott Trust to the Bank of Japan’s decision to keep interest rates steady this time around, more corporate and international headlines remain in focus. Also on deck – all about CPF interest rates and the impact of the Singapore Grand Prix on hospitality plays. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
9/20/2024 • 16 minutes, 26 seconds
R.I.C.H: The man lighting up Singapore's Formula One Night Race
Looking forward to the Formula 1 night race in Singapore this weekend? When Formula 1 was preparing for the first Singapore Grand Prix 16 years ago, many were not convinced that a night race on a city track would ever work. Today, a quarter of the 24-race Formula 1 calendar takes place under lights. And many Formula 1 races have added elements Singapore included from its beginning. Some even drew direct inspiration from this event. But who's responsible for lighting up the night race in Singapore? Roberto Grilli, General Manager of DZE Asia has been lighting our city up for the races since the very first Singapore Grand Prix in 2008. But what led Roberto to make motorsport history, illuminating the world’s first-ever night race? On Culture Club, Roshan Gidwani speaks with Roberto Grilli, Global General Manager of DZE Asia to find out. Presented by: Roshan Gidwani Produced and Edited by: Nadiah Koh ([email protected]) and Aaron Lam Want to get featured on our show? Drop us an email today!See omnystudio.com/listener for privacy information.
9/20/2024 • 12 minutes, 52 seconds
What's Trending: Would you buy a Disney-themed home?
On What's Trending, scientists have discovered a new type of fish called the "grumpy dwarfgoby" in the Arabian Red Sea. The name refers to the fish's unhappy appearance, with its upturned mouth. Also, a Disney-themed house in Rhyl, Denbighshire, has been sold to a Disney fan who has visited over 20 times. The house features large murals of Disney characters, including ET and Star Wars franchise characters.See omnystudio.com/listener for privacy information.
9/20/2024 • 2 minutes, 57 seconds
Spill The Tea: Did Julia Roberts' brother apologise?
A star? Is that so? Is her brother: Eric Roberts to thank? That’s what he said in the past…But he has since apologised. Should Julia forgive him? What do The Evening Runway crew think? Press play because Roshan Gidwani, Hongbin Jeong and Chua Tian Tian shall spill the tea! Get in touch with our anchors at [email protected], [email protected], [email protected]. See omnystudio.com/listener for privacy information.
9/19/2024 • 4 minutes, 3 seconds
Culture Club: The Affordable Art Fair is back
At the Affordable Art Fair, you could be a proud owner of an original contemporary artwork for just $15,000 and under. As the longest-running international art fair in Singapore, the Affordable Art Fair is celebrating their 15th year in Singapore this year. Held at the F1 Pit Building this November, be prepared to browse through 80 over galleries hailing from all around the world. To find out more about this, Hongbin Jeong and Roshan Gidwani spoke with Alan Koh, Fair Director of the Affordable Art Fair Singapore. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Nadiah Koh ([email protected]) and Roshan Gidwani ([email protected]) Want to get featured on our show? Drop us an email today!See omnystudio.com/listener for privacy information.
9/19/2024 • 10 minutes, 7 seconds
Market View: US Fed’s outsized 50bps cut; rates to be 2.75 to 3 per cent in 2026; Market reactions; SK Hynix shares plunge on Morgan Stanley downgrade; Oiltek’s new contracts; Nintendo and Pokemon sues Pocketpair; Boeing furlough tens of thousands of employees and more
Singapore stocks started the day on a muted note, after US indices and Europe’s main stock index fell overnight. In early trade, the Straits Times Index (STI) rose 0.02 per cent to 3,593.18 points after 17.8 million securities changed hands in the broader market. In terms of companies to watch, we have Oiltek International. The renewable energy solutions provider said today that it secured new contracts worth approximately RM19.5 million (S$5.9 million) from Africa, Central America and Malaysia. Elsewhere, it’s all about the US Federal Reserve from its outsized, 50-basis point interest rate cut to its dot plot of future rates which is set to bring the range to 2.75 to 3 per cent in 2026. Also on deck – SK Hynix shares tumbling on a double downgrade at Morgan Stanley. Nintendo sueing Pocketpair and all about Boeing! On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
9/19/2024 • 16 minutes, 6 seconds
That's How!: How to sound smarter at work
We want to impress our colleagues and our bosses. It's an innate drive. We are self-conscious. But how do we sound smarter? How do we prove ourselves? Is there a definite way? What are the ingredients to doing so? On That's How! Roshan Gidwani uncovers some ways in which we can sound smarter at work. Source: https://www.truity.com/blog/how-sound-smarter-your-next-work-meetingSee omnystudio.com/listener for privacy information.
9/19/2024 • 4 minutes, 19 seconds
R.I.C.H: A leader's ultimate career move - what could it be?
George Chien, Co-Founder, President, and CEO of KC Global Media, previously served as Executive Vice President of Sony Pictures Television Media Networks. In January 2020, KC Global Media made a significant move by acquiring Sony Pictures Entertainment’s Southeast Asia and Korea Media Networks assets, expanding its reach to over 25 territories. Chien’s departure from Sony was a result of the company’s internal restructuring, but this shift became an opportunity -- he went on to establish KC Global Media and, in a strategic turn of events, successfully acquired key assets from his former employer. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to George Chien, Co-Founder, President & CEO, KC Global Media Entertainment, to dive into his playbook on turning a corporate curveball into a winning strategy. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
9/19/2024 • 14 minutes, 40 seconds
What's Trending: Would you pay for this new Louis Vuitton keychain?
On What's Trending, Louis Vuitton has released a bag charm inspired by croissants, part of its Fall-Winter 2024 collection. The croissant key chains are priced at $1,390 (S$1,240) before tax and double as a miniature pouch for storing AirPods, lip balm, or spare change. Also, a spectacled bear cub was born in a Peruvian farming community's rescue centre, which has protected these animals for over two decades. The spectacled bear is a vulnerable species, according to the International Union for Conservation of Nature's Red List of Threatened Species.See omnystudio.com/listener for privacy information.
9/19/2024 • 6 minutes, 58 seconds
Culture Club: New art exhibition called "Spirit of Life" in Singapore
There’s a new art exhibition called Spirit of Life, happening from the 19th of September to the 13th of October which features two amazing artists: Kate Florence and Sylvie Kettle who are pushing boundaries in such a unique way. Kate’s known for her dreamy, ethereal pieces, and Sylvie’s work has that grounded, earthy vibe yet they complement each other beautifully. And Cassi Young is the brilliant curator who helped bring this exhibition to life and woven these two artistic voices together into a single exhibition. On Culture Club, Hongbin Jeong and Roshan Gidwani speak with Cassi Young, Global Fine Art Director of Art Works as well as the two artists: Kate Florence & Sylvie Kettle about the Spirit of Life which is a powerful blend of the physical and the spiritual, bringing together the artists' very distinct styles. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Roshan Gidwani ([email protected]) Want to get featured on our show? Drop us an email today!See omnystudio.com/listener for privacy information.
9/18/2024 • 14 minutes, 56 seconds
Spill The Tea: Is Miley’s song paraphrased?
Miley Cyrus is being sued. Her song “Flowers” and “When I was your man” by Bruno Mars sound similar. What do The Evening Runway crew think? Press play because Roshan Gidwani, Hongbin Jeong and Chua Tian Tian shall spill the tea! Get in touch with our anchors at [email protected], [email protected], [email protected]. See omnystudio.com/listener for privacy information.
9/18/2024 • 5 minutes, 46 seconds
Sports Minutes: Fuelled by the fans, Lion City Sailors launch 'Champions in Blue' music video
Since their inception in 2020, the Lion City Sailors have often prided themselves in being a cut above the rest. Be it the signing of the league's first multi-million dollar player, or state-of-the-art training facilities - the boys in blue have raised the bar year on year, both on and off the pitch. And staying true to their trail blazing ways, the club have recently launched an official music video, entitled "Champions in Blue". So why the decision to combine football and music? Tune in as general manager Li Yu, and fan Eddy Hirono to tell us. Champions In Blue - Lion City Sailors [Official Music Video]:https://youtu.be/Svn2gNSR7OA?feature=shared Tickets available here:https://www.sistic.com.sg/events/afc0924 Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
9/18/2024 • 15 minutes, 33 seconds
R.I.C.H: Love & Listing? The power couple taking over Singapore's luxury real estate
Sunita Gill and Kaizar Karkaria began their careers in different industries. But they’ve come a long way since then, finding their calling, and ultimately their success, in luxury real estate. With an impressive record of over 300 real estate transactions surpassing $2 billion in combined real estate sales over the past decade, the co-founders of Singapore Luxury Homes are considered to be leading luxury real estate agents here. How did this power couple build their real estate empire from the ground up? And what does it be a power property couple? On R.I.C.H, Hongbin Jeong and Roshan Gidwani speak with Sunita Gill and Kaizar Karkaria, Co-Founders and CEOs of Singapore Luxury Homes to find out.See omnystudio.com/listener for privacy information.
9/18/2024 • 16 minutes, 1 second
That's How!: How to know if you should become a real estate agent
You've seen those Netflix shows... A man conducts a walk-through of a beautiful house. He's set to earn a great commission if he sells it. But how does he do it? What were the steps required to get there? On That's How! Roshan Gidwani discusses some key skills one should know about before becoming a real estate agent. Source: https://www.truity.com/blog/should-i-become-real-estate-agentSee omnystudio.com/listener for privacy information.
9/18/2024 • 4 minutes, 37 seconds
Market View: Last look at expectations ahead of Fed decision - 25bps or 50 bps; Meta reportedly facing hefty fine in EU; Chanel buys building in Paris shopping district; China’s MLF; Lippo Malls Indonesia Retail Trust’s credit ratings and more
Singapore stocks began trading in the negative territory today, although global equities largely rose overnight. In early trade, the Straits Times Index (STI) fell 0.5 per cent to 3,576.13 points after 46.4 million securities changed hands in the broader market. In terms of companies to watch, we have Sembcorp. That’s after Sembcorp said yesterday that Sembcorp Utilities agreed to acquire a 30 per cent interest in energy supplier Senoko Energy for an undisclosed sum. Elsewhere, from a pivot in Salesforce’s artificial intelligence strategy to Meta reportedly facing hefty EU antitrust fines over alleged efforts to dominate the classified advertising market – more international and corporate headlines remain in focus. Also on deck – on last look at market expectations before the US Fed announces its September rate decision, plus Chanel buying a building in a high-profile shopping destination in Paris. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with James Cheo, Chief Investment Officer, Southeast Asia and India at HSBC Global Private Banking and Wealth.See omnystudio.com/listener for privacy information.
9/18/2024 • 12 minutes, 27 seconds
What's Trending: This hippo is taking over the internet
On What's Trending, Dora the Explorer is getting a second season. The show, which revolves around American Latin girl Dora and her best friend Boots the monkey, broke a Guinness World Record with 1,800 pinatas at the 78th Annual East Los Angeles Mexican Independence Day Parade. Also, a baby pygmy hippo, named Moo Deng, has become a viral sensation at Khao Kheow Open Zoo in Thailand. Fans have praised Moo Deng, calling her a lifestyle icon and the most beautiful girl in the world, but despite her popularity, officials have raised concerns about her safety. Visitors have thrown water and other objects at her, resulting to the zoo announcing that visitors will only see her Saturdays and Sundays, with each visit capped at five minutes.See omnystudio.com/listener for privacy information.
9/18/2024 • 5 minutes, 59 seconds
Spill The Tea: Meghan Markle was cropped out
Meghan Markle was cropped out of Prince Harry’s birthday photo that the Royal family posted. That’s not nice… What do The Evening Runway crew think? Press play because Roshan Gidwani and Hongbin Jeong spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
9/17/2024 • 3 minutes, 46 seconds
R.I.C.H: Limitless vision towards mental health
Asher started his journey as a social worker across various sectors including family, prisons, youth and law enforcement. Driven by a deep passion for helping youths with mental health conditions, Asher decided to start Limitless in 2016 to be a beacon of hope for youths struggling with mental health issues. Asher's ultimate goal is to create a society where seeking therapy is normalised and met with support rather than judgment. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Asher Low, Executive Director, Limitless, to share more about his commitment to this cause and how he envisions a generation where admitting to mental health struggles and seeking professional help is seen as a positive and proactive step. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
9/17/2024 • 16 minutes, 14 seconds
That's How!: How to deal with gaslighting
Gaslighting. It's a term that has become popular. So what exactly does it mean? Is it happening to you at work? Do you need to find a way to deal with it, but you're not sure how? On That's How! Roshan Gidwani uncovers some tips and tricks to go deal with gaslighting in an efficient and effective way. Source: https://www.truity.com/blog/how-deal-gaslighting-workSee omnystudio.com/listener for privacy information.
9/17/2024 • 4 minutes, 19 seconds
Market View: Will Singapore stocks rally even after the US cut rates?
Singapore shares opened in the positive territory, although global equities fell overnight. And it extended the rally throughout the day to close up 0.6%. In the rest of Asia, stocks traded mixed as investors awaited for the Federal Reserve to kick off its monetary loosening cycle. But what will a rate cut by the US mean for Singapore? What sectors should investors be watching out for? On Market View, Hongbin Jeong speaks to Thilan Wickramasinghe, Head of Equity Research, Maybank Securities to find out more. They also discuss Singapore’s key exports data, Malaysian glove makers, Amazon, gold prices and F1. See omnystudio.com/listener for privacy information.
9/17/2024 • 15 minutes, 29 seconds
Culture Club: Celebrity chef Varun Inamdar opens restaurant at Orchard
Varun Inamdar, Mumbai’s very own chocolate prince and celebrity chef helms Singapore’s newest Indian restaurant, 27 Degrees West — his first venture outside of India. His culinary expertise lies in blending traditional flavors with modern techniques, adding contemporary twists to classic recipes and bringing out the essence of Indian spices. From penning five cookbooks to shattering Guinness World Records with the world’s largest mud pie and winning two National Awards, Varun’s artistry has graced the palates of prime ministers, global leaders, royalty and film stars, including Barack Obama, Queen Rania of Jordan, Donald Trump, Narendra Modi and Kuwait’s Al Sabah royal family. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh and Aaron Lam Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
9/17/2024 • 16 minutes, 2 seconds
What's Trending: New Zealand's Bird of the Year
On What's Trending, New Zealand has named the hoiho, or yellow-eyed penguin, its bird of the year, despite its status as the world's rarest penguin. The hoiho, found only on the South and Chatham islands, has experienced a 78% population drop in the past 15 years. Also, Singapore's National Environment Agency (NEA) has launched the Bloobin AI chatbot on WhatsApp and Telegram to help people determine if an item can be recycled. The bot, named after the blue recycling mascot, was launched after a 2023 survey showed that 72% of households recycled.See omnystudio.com/listener for privacy information.
9/17/2024 • 5 minutes, 8 seconds
Sports Minutes: Double delight for the Sailors, with women's team crowned champions while men's team go top of the table
While the Lion City Sailors women's team clinched their 3rd consecutive league title, the Singapore Premier League was back in session after the September International window. And the Sailors men's team showed their supremacy to go top of the table, while the stumbling Stags dropped yet more points. We review all the thrills and spills in the company of Deepanraj Ganesan! Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
9/16/2024 • 16 minutes, 13 seconds
Spill The Tea: Scooter Braun has some advice
Trump said he hates Taylor Swift and Scooter Braun told him to do what? What do The Evening Runway crew think? Press play because Roshan Gidwani, Hongbin Jeong and Chua Tian Tian shall spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected] omnystudio.com/listener for privacy information.
9/16/2024 • 4 minutes, 6 seconds
R.I.C.H: Helping those with special needs find their place in the world
Few people realize the challenges of being a parent, until they become one. Now, imagine the added challenges of parenting an autistic child. Bernard Chew, CEO of St. Andrew's Autism Centre understands what it means to be such a parent, His personal experiences have driven his passion and commitment in advocating for individuals with disabilities within the social service sector and the broader community. Walk of a Lifetime is St. Andrew's Autism Centre’s annual charity walk in support of persons with autism. This charity walk is designed to advocate for greater community involvement in our efforts to advance the inclusion of those we serve. On R.I.C.H, Hongbin Jeong and Roshan Gidwani speaks with Bernard Chew, CEO, St. Andrew's Autism Centre to find out more. See omnystudio.com/listener for privacy information.
9/16/2024 • 15 minutes, 46 seconds
Market View: US Fed Rate cut - 25bps or 50bps?; Tiktok on divestment of Chinese ownership; DFI’s Giant to close Toa Payoh Supermarket; Goldman Sachs, Citigroup lower projections for China’s full year growth; Japanese yen hit 140.43 per dollar and more
Singapore stocks began the day by trading in negative territory. That’s despite gains seen in global markets last Friday. In early trade the Straits Times Index (STI) dropped 0.2 per cent to 3,556.1 points after 27 million securities changed hands in the broader market. In terms of companies to watch, we have Sembcorp Industries. The group’s subsidiary Sembcorp Green Hydrogen India is “in discussions” with Indian oil and gas company Bharat Petroleum Corporation to enter into a definitive joint-venture agreement for renewable energy and green hydrogen projects across India. Elsewhere, from more on what to expect ahead of the highly anticipated interest rate decisions by the US Federal Reserve and the Bank of Japan, to Goldman Sachs and Citigroup cutting China’s 2024 forecast, more international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
9/16/2024 • 14 minutes, 56 seconds
Under the Radar: What does the movement of capital mean for Paragon Capital Management? Its CEO sheds light on the matter.
Capital management is on the table today as we explore what the current macroeconomic environment means for boutique asset management firms here in Asia. Founded in 2017, our guest for today is Paragon Capital Management Singapore, an asset management firm overseeing assets exceeding S$1 billion. With a Capital Markets Services Licence granted by the Monetary Authority of Singapore, the company delivers bespoke investment solutions and wealth management services to accredited investors. These include portfolio management, fund management, private equity and corporate advisory, investment advisory as well as family succession advisory. In particular, the firm runs three open-ended public market funds and two close-ended private markets funds, as well as an early stage VC fund to tap opportunities across asset classes. But why are we talking to Paragon Capital Management you might ask? Well, the firm had in June announced that it established an office in Hong Kong to cater to clients in North Asia. But what are the opportunities within North Asia and why did the firm choose to enter Hong Kong at this time? Meanwhile, Paragon Capital Management had in June 2024 formed a consortium with real estate fractional investment platform RealVantage for a real estate focused private equity fund called the Global Real Estate Alternative & Tactical or (GREAT) Fund. The fund has a US$50 million target fund size and wrapped up its first close in May this year. But what should we know about the partnership and how does exposure to real estate better position Paragon Capital Management for the future? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Paul Lee, CEO & CIO, Paragon Capital Management Singapore Private Limited.See omnystudio.com/listener for privacy information.
9/16/2024 • 39 minutes
That's How!: How to deliver bad news
Sometimes, an employee may need to get fired. This isn't exactly good news. So how we can deliver this news? Is there a way? Is there something to keep in mind? On That's How! Roshan Gidwani uncovers some tips and tricks to go through this in a manner that's respectful to the other individual. Source: https://www.mindtools.com/a0byhfl/delivering-bad-newsSee omnystudio.com/listener for privacy information.
9/16/2024 • 4 minutes, 1 second
Culture Club: Singapore's first dedicated Champagne bar
Located at Boat Quay, Convivial is Singapore’s first and only dedicated Champagne bar. Founded by award-winning sommelier Yeo Xi Yang, it offers an intimate, refined experience with a curated selection of 170-200 Champagne labels from boutique growers and rare vintages. The intimate, cave-like setting transports guests into an atmosphere of sophistication and warmth, perfect for both connoisseurs and newcomers alike. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Yang, Owner and Sommelier, Convivial, to share more about their specialty and what else do they offer beyond champagnes. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
9/16/2024 • 13 minutes, 38 seconds
What's Trending: A sneak peek of Festival of Ideas 2024
Lee Kuan Yew School of Public Policy marks its 20th anniversary with its flagship event “Festival of Ideas," which runs from 16-20th September. On What's Trending, Hongbin Jeong speaks to Assistant Professor Adam Liu from Lee Kuan Yew School of Public Policy to find out more about this year's event and why it's crucial for us to have these conversations about the current issues impacting Asia and the world. See omnystudio.com/listener for privacy information.
9/16/2024 • 10 minutes, 24 seconds
R.I.C.H: Selina Lo bounced back regardless of her setbacks
What should one do if they've faced an injury? Do they stop working? How will they feel? Upset? Or do they just view it as a setback and bounce back? Selina has worked with Mel Gibson and Michelle Yeoh, and she isn't giving up anytime soon. What's she credit this mindset to? On R.I.C.H, Hongbin Jeong and Roshan Gidwani speaks with Actress, Selina Lo to find out more. See omnystudio.com/listener for privacy information.
9/13/2024 • 16 minutes, 47 seconds
Spill The Tea: Bachelorette star shakes it off
The Bachelorette Star Jenn Tran was upset, until she wasn't. Her ex-fiance decided to release the text messages which transpired between the two when they broke up, but is that going to stop Jenn? Nope! She has better things planned to do with her time! What do The Evening Runway crew think? Press play because Roshan Gidwani, Hongbin Jeong and Chua Tian Tian shall spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
9/13/2024 • 6 minutes, 14 seconds
Sports Minutes: Singapore's Yip Pin Xiu on her Parisian Paralympic heroics, insatiable hunger to win & future plans
With 7 gold medals to her name, Yip Pin Xiu is Singapore's MOST DECORATED Paralympian. 16 years since her first games gold in Beijing 2008, Pin Xiu marked her milestone FIFTH games at Paris 2024 by achieving an historic three-peat of golds. So what drives her insatiable desire for success, how long will she continue to compete and what does she make of the support for para-athletes in Singapore? Tune in as we hear from Pin Xiu on Sports Minutes. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
9/13/2024 • 24 minutes, 5 seconds
Market View: US August PPI; European shares jump on ECB rate cut; Leadership changes at CapitaLand Investment, Yangzijiang Shipbuilding to acquire stake in subsidiary of Tsuneishi Group; Sam’s Club, Lululemon defy China’s consumption dip and more
Singapore shares began the day trading in positive territory, mirroring overnight gains in global markets. In early trade, the Straits Times Index (STI) climbed 0.1 per cent to 3,558.64 points after 35.6 million securities changed hands in the broader market.In terms of companies to watch today, we have CapitaLand Investment, after the real estate manager said yesterday that the chief executive officer of private equity real estate, Simon Treacy, will be stepping down from his role from Oct 31 for “personal reasons”. Elsewhere, from European shares jumping yesterday on the back of a rate cut by the European Central Bank, to brands like Sam’s Club and Lululemon defying China’s consumption dip, more international and corporate headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
9/13/2024 • 15 minutes, 47 seconds
That's How!: How to have a career back up plan
Sometimes we worry that our careers we chose, aren't the right ones. So how do we know for sure and how do we create back up plans for our careers? It comes down to knowing what our strengths are. Hongbin Jeong and Roshan Gidwani discuss on That's How! Source: www.truity.com/blog/career-cushioning-backup-plan-safeguard-your-careerSee omnystudio.com/listener for privacy information.
9/13/2024 • 7 minutes, 45 seconds
What's Trending: What do people leave behind in hotels?
On What's Trending, Hotels.com has revealed some unusual items left behind at its partner hotels worldwide, including a pet lizard. Hotels reported finding dentures, a Rolex watch, a Hermes Birkin bag, keys, a car tire, an engagement ring, a tooth, two full-leg casts, stacks of cash, a pet lizard, and a chick. Also, a six-year-old Cape penguin, named "Pen," was found safe in Japan after escaping a typhoon. Born and raised in captivity, Pen had never swam in open waters before. During a typhoon called Shanshan, she escaped from a beach in central Japan's Himakajima island, where she had never swam in open waters before.See omnystudio.com/listener for privacy information.
9/13/2024 • 6 minutes, 43 seconds
Spill The Tea: Is Taylor really a stager?
Taylor Swift and her boyfriend aren't a real couple? This is according to a body language expert and a document that's surfaced which says they're meant to break up later in September of 2024. So, it’s all a PR stunt? But is the document real? The stars have denied it. What do The Evening Runway crew think? Press play for Roshan Gidwani, Hongbin Jeong and Chua Tian Tian shall spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
9/12/2024 • 4 minutes, 17 seconds
Under the Radar: How does Mondelez assess the success of the business after being spun off from Kraft Foods? What are some future growth drivers?
It’s almost time for dinner, but today’s conversation might just get you reaching out for that bag of chocolates or snacks right before meal time. That’s because we’re speaking to one of the largest players in the global snacking industry today – Mondelez International. Mondelez International is a relatively young company founded in 2012, but its history goes way back. The company emerged when the then-Kraft Foods was split into two companies to separate its North American grocery business with the remaining of the company. The North American grocery was called Kraft Foods Group, while the remainder of Kraft Foods was renamed into Mondelez International in October 2012, with a focus on snacks and confectionery. Mondelez International holds some of the most iconic snack brands that we know today, including iconic US$1 billion dollar global brands such as Oreo, Toblerone and Cadbury, as well as other well-known local jewels such as 7Days and Alpen Gold. As for the money – its 2023 net revenues came in at approximately US$36 billion. But what was the rationale behind the spinoff? How would the firm assess the success of the spinoff of Kraft Foods Group and the rebranding into Mondelez international thus far? Meanwhile, Mondelez International had in July this year missed expectations for second quarter revenue as consumers tighten their purse strings amid high inflation. But how would the firm assess its most recent performance? Which are the key markets and categories driving growth and what are the opportunities ahead? Speaking of markets, Mondelez International is reportedly said to expand its presence in China by introducing a wider range of cake-related products. It also said in May 2024 that it will invest over US$5 million in a Regional Biscuit and Baked Snacks Lab and Innovation Kitchen in Singapore. But what can we expect on both fronts? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Tomás Centeno, Vice President of Strategy and Commercial Excellence, Asia Pacific, Middle East & Africa (AMEA), Mondelēz International.See omnystudio.com/listener for privacy information.
9/12/2024 • 26 minutes, 25 seconds
That's How!: The voice behind your favourite characters - Can you be that voice too?
Behind every iconic animated character, there's a unique voice. But who's the person behind that voice? How did he or she become that voice or even create that voice? How do you become a voice actor? On That's How, Hongbin Jeong and Roshan Gidwani find out from a voice actor himself - Marlon Dance-Hooi, the voice behind Oddbods, an Emmy-Nominated Netflix Cartoon, as well as Donkey from Universal Studios Singapore's Donkey Live! show, and many more. See omnystudio.com/listener for privacy information.
9/12/2024 • 31 minutes, 9 seconds
Market View: Lookahead to ECB’s rate decision, Adobe’s earnings; US August CPI lowest since Feb 2021 on annual basis; Hawkish BoJ policymaker calls to raise rates to at least 1%; China on securing EV tech; Hanwha makes offer for Dyna-Mac and more
Singapore shares began trading in positive territory today, tracking overnight gains in global markets. In early trade, the Straits Times Index (STI) advanced 0.6 per cent to 3,553.59 points after 55.7 million securities changed hands in the broader market. In terms of companies to watch, we have Dyna-Mac. That’s after South Korean company Hanwha has launched a voluntary conditional cash offer through a special-purpose company to take management control of Dyna-Mac at S$0.60 a share. Elsewhere, from a deep dive into comments by a hawkish Bank of Japan policy maker to Chinese carmakers setting up factories overseas to avoid tariffs on Chinese exports, more international and corporate headlines remain in focus. Also on deck – one last look at expectations before the European Central Bank’s latest interest rate decision, and how Adobe is set to unveil a new generative artificial intelligence powered video creation and editing tool in a limited release this year. On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
9/12/2024 • 16 minutes, 1 second
Culture Club: Experience the taste of Southern Italy in Singapore
Singapore's Fortuna is set to revolutionize the Italian dining experience in Tanjong Pagar, bringing the rich culinary traditions of Sicily and Naples to the city's heart. As Singapore's first Sicilian-Neapolitan restaurant, Fortuna offers an authentic taste of southern Italy, crafted by renowned chefs and culinary experts. The menu features a variety of pizzas, each prepared with meticulous fermentation to achieve the perfect texture and flavour, while its pasta is made in-house using premium ingredients like Naples flour, Sicilian olive oil, and local free-range eggs. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Omar Tutino, Chef & Co-founder, Fortuna Singapore, to explore what makes this new dining destination a true taste of Italy. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
9/12/2024 • 7 minutes, 48 seconds
What's Trending: Live horses in vet school? That's neigh-ew!
On What's Trending, the University of Veterinary Medicine in Budapest is making waves with its unique teaching method. First-year veterinary students learn animal anatomy by studying live horses brought into the classroom, with chalk lines marking their bones, muscles, and organs. The calm horses, provided by the Budapest police, are rewarded with sugar cubes for their cooperation, making it a memorable and engaging start to the students' academic journey. Also, a Malaysian couple has surprised their guests with a unique wedding door gift - live betta fish, also known as Siamese fighting fish. The couple's video, posted by X user @mhmmdhsm, shows a wedding guest registration table filled with large pink plastic bags filled with smaller, clear bags with colourful betta fish, which are territorial and aggressive.See omnystudio.com/listener for privacy information.
9/12/2024 • 6 minutes, 47 seconds
Spill The Tea: Does Beyoncé need visuals?
Beyoncé feels like the fans are the visuals and so she doesn’t need to release any music videos. But how does the evening runway crew feel about this? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
9/11/2024 • 4 minutes, 50 seconds
Market View: Impact of US Presidential debate on Wall Street, Bitcoin; OpenAI reportedly planning to release “Strawberry”; Singapore’s full year economic growth forecast rises to 2.6% for 2024; Mapletree Logistics Trust, Del Monte Pacific, What to watch ahead of US CPI and PPI numbers
Singapore shares began the day trading in positive territory, mirroring overnight gains in Wall Street. In early trade, the Straits Times Index (STI) climbed 0.4 per cent to 3,525.04 points after 24 million securities worth S$62 million changed hands in the broader market. In terms of companies to watch today, we have Del Monte Pacific. The Philippine food and beverage maker sank deeper into the red in the first quarter ended July with a net loss of US$34.2 million, widening from a loss of US$13.1 million in the year-ago period. Elsewhere, from private economists' growth forecast for Singapore’s economy this year to the impact of the US Presidential debate on US equities and Bitcoin prices, more local and international headlines remain in focus. Also on deck – what to watch tonight when the latest US inflation numbers come in. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.See omnystudio.com/listener for privacy information.
9/11/2024 • 15 minutes, 49 seconds
That's How!: How to delegate
What's more important than getting all the work done? How it's done, and minimising stress levels whilst doing. How is this possible? It's through delegation. But what's that really mean and how can one find out the right levels of work to delegate. Hongbin Jeong and Roshan Gidwani discuss on That's How! Kel Jin, the Director of Shopee Singapore, gives us some insight as well. Source: www.online.hbs.edu/blog/post/how-to-delegate-effectively See omnystudio.com/listener for privacy information.
9/11/2024 • 7 minutes, 30 seconds
R.I.C.H: Meet the ex-lawyer planning Singapore Grand Prix's coolest after-parties
Are you looking forward to the F1 weekend this year? Beyond the chequered flag, Singapore’s nightlife scene is set to rev up with a slew of electrifying after-parties. But have you ever wondered what happens behind the scenes? Meet the former corporate lawyer planning Singapore Grand Prix's buzziest after-parties. Jeannette Tan gave up a successful, stable career in corporate law, working across the UK, Malaysia and Singapore, to specialize in high-end event planning. On R.I.C.H, Hongbin Jeong and Roshan Gidwani speaks with Jeannette Tan, Group Managing Director of Amber Lounge and Founder of Singapore-based luxe lifestyle events management company, Imaginoire to find out more. See omnystudio.com/listener for privacy information.
9/11/2024 • 13 minutes, 28 seconds
Culture Club: Have you ever heard of an ube cream liqueur?
JD Sip’s signature creation, Ube Cream Liqueur, has garnered multiple international accolades, including the prestigious World's Best Cream Liqueur Award in 2022. Made from ube, a vibrant purple yam native to the Philippines, the liqueur boasts a unique flavour profile akin to taro or yam, flavours beloved by many across Asia, including Singapore. On Culture Club, hosts Hongbin Jeong and Roshan Gidwani chat with Justyn Ng, Co-founder & Director of JD Sip Pte Ltd, to uncover the story behind this award-winning liqueur and explore the inspiration and passion fuelling its success. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
9/11/2024 • 8 minutes, 33 seconds
What's Trending: Taylor's swift stance towards Kamala Harris
On What's Trending, Singaporean carpenter Govindharaj Muthiah has been commissioned to create two custom-made chairs for Pope Francis' upcoming visit to Singapore. He will meet with President Tharman Shanmugaratnam and Prime Minister Lawrence Wong, presiding over mass at the National Stadium, and holding an interreligious dialogue session. Also, Kamala Harris has received her biggest endorsement yet from Taylor Swift, following her debate with former President Donald Trump. She pledged to vote for Kamala Harris and Tim Walz in the 2024 presidential election, signing off with a phrase referring to Trump's running mate, JD Vance.See omnystudio.com/listener for privacy information.
9/11/2024 • 5 minutes, 6 seconds
That's How!: How to be a brand ambassador
What's it take to represent a brand and make sales for them? What kind of accomplishments must you have and how can you meet existing brand ambassadors? If it's that easy, couldn't we all do it? Or... must we have a unique voice and approach? Hongbin Jeong and Roshan Gidwani discuss on That's How! Stuart Fear, Ambassador for Brown-Forman chimes in... Drink responsibly. Source: www.thinkific.com/blog/how-to-become-brand-ambassador/ Movie clip: "Zohan"See omnystudio.com/listener for privacy information.
9/10/2024 • 11 minutes, 41 seconds
Spill The Tea: Linkin Park’s dismal line-up
Chester Bennington’s son is not happy about his father’s replacement in the band. Who is it? And how are fans feeling about it? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
9/10/2024 • 5 minutes, 20 seconds
Under the Radar: What does CapitaLand Investment’s Southeast Asia business entail? SEA Investment CEO Patricia Goh spills the beans.
Today we’re going to talk about a blue chip company listed on the SGX that will definitely ring a bell with our audience, especially those tracking the Straits Times Index. Headquartered in Singapore, our guest CapitaLand Investment is a global real asset manager with a strong Asia foothold. If you recall, the company successfully de-merged from the development business of CapitaLand Limited some time back. It then listed on the SGX-Securities Trading Limited on 20 September 2021, creating one of Asia’s leading listed global real asset managers. The firm looks at a diversified range of real estate asset classes including retail, office, lodging, industrial, logistics, business parks, wellness, self-storage and even data centres. That’s across core markets within Southeast Asia as well as in China and India. As of the end of June 2024, the firm had S$134 billion worth of assets under management, as well as S$100 billion of funds under management held via six listed real estate investment trusts and business trusts, as well as a suite of private real asset vehicles that invest in thematic and tactical strategies. In Southeast Asia, CapitaLand Invest manages three funds including the S$1 billion CapitaLand SEA Logistics Fund as well as the firm’s inaugural wellness and healthcare-related real estate fund called the CapitaLand Wellness Fund. But what will the firm’s focus areas within the region be going forward? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Patricia Goh, Chief Executive Officer, Southeast Asia Investment, CapitaLand Investment. See omnystudio.com/listener for privacy information.
9/10/2024 • 23 minutes, 5 seconds
Market View: Market sentiment ahead of US Trump-Harris presidential debate; US banks’ capital requirements; Battle of the smartphone makers – Apple, Huawei and more; China’s exports grew at fastest pace since March 2023, imports missed forecasts and more
Singapore shares began the day trading in positive territory, mirroring overnight gains in global markets. In early trade, the Straits Times Index (STI) climbed 0.5 per cent to 3,512.12 points after 47.2 million securities changed hands in the broader market. In terms of companies to watch, we have Centurion, after the accommodation assets operator said its indirect wholly owned subsidiary will set up two joint venture companies with Xiamen City Home Apartment Management to retrofit and manage Build-To-Rent residential housing in Xiamen, China. Elsewhere from Apple and Huawei unveiling new smartphones to market sentiment ahead of the first Trump-Harris presidential debate tonight – more corporate and international headlines remain in focus. Also on deck – China’s export numbers and Alibaba’s inclusion on the Stock Connect Programme linking Shanghai and Shenzhen bourses to the Hong Kong exchange. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Khoon Goh, Head of Asia Research at ANZ.See omnystudio.com/listener for privacy information.
9/10/2024 • 13 minutes, 23 seconds
Culture Club: The perfect combination of happiness & jewellery
ALUXE has been dedicated to crafting high-quality jewelry since its founding. The name ALUXE comes from the abbreviation of "A luxury moment," representing the precious moments we all have, as well as the brand's philosophy and style.Marking a year of brilliance in Singapore, ALUXE, Taiwan's leading wedding jewellery brand celebrates its first anniversary by reopening its refurbished flagship store at ION Orchard and announcing its strategic expansion in Southeast Asia. On Culture Club, Hongbin Jeng and Roshan Gidwani speak with John Yu, CEO and Founder of ALUXE to find out more. See omnystudio.com/listener for privacy information.
9/10/2024 • 14 minutes, 29 seconds
What's Trending: This dog is the next footvolley superstar
On What's Trending, Singapore's Public Transport Council (PTC) has announced a 10% increase in fares for card-paying passengers on public transport starting December 28th. Adult MRT passengers will pay $2.02, up from $1.92, while concessionary fares for seniors, students, people with disabilities, and low-wage workers will rise by four cents. Also, Floki, a 3-year-old border collie, is a rising star in Footvolley, a combination of soccer and beach volleyball. Floki, a native of Brazil, has shown remarkable footwork by executing the game with his mouth, a skill that even humans struggle to master.See omnystudio.com/listener for privacy information.
9/10/2024 • 5 minutes, 55 seconds
Spill The Tea: Ri-Ri, Naomi, no more besties?
But these two celebrities never used to have any woes… Rihanna and Naomi were always chummy at events! They’ve been seen taking pictures together and were even spotted having dinner once. But recently, they haven’t cozied up to each other. Why’s that? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
9/9/2024 • 6 minutes, 8 seconds
Culture Club: Travel tips for Singaporeans during the 'low peak' travel season
The summer travel peak might be dialling down for western countries, but the interest for travel during the mid-autumn season is starting to spark interest among Singapore travellers. According to Expedia, travel deals are heating up, and savvy Singapore travellers are embracing the chance to plan a quick getaway during the shoulder low-peak travel period. If you’re planning to travel, here are some tips you’ll want to know ahead of this low peak season. On Culture Club, Hongbin Jeong and Roshan Gidwani speak with James Marshall, Vice President of Expedia Group Global Air Account Management to find out more. See omnystudio.com/listener for privacy information.
9/9/2024 • 11 minutes, 45 seconds
R.I.C.H: From influencer & engineer to beauty entrepreneurs
James Cash Penney, an iconic American entrepreneur once famously said ‘every great business is built on friendship.’ But how do you succesfully navigate a startup founded on friendship? That's how an engineer, a social media influencer and a second-generation business owner came together to create Heylens, a contact lens brand focusing on high-quality, stylish colored lenses suitable for Asian women. On R.I.C.H, Hongbin Jeong and Roshan Gidwani speak with Mabel Koh and Novita Lam, Founders of Heylens to find out. See omnystudio.com/listener for privacy information.
9/9/2024 • 17 minutes, 7 seconds
Market View: Big miss on US nonfarm payrolls; Apple’s event on 9 Sep, reportedly used Arm chips in new iPhones; Global tech selloff; SGX securities turnover up 22% in Aug; Digital Core Reit proposes to up stake in data centre in Germany and more
Singapore equities began the day in the negative territory, as global stocks ended lower last week. In early trade, the Straits Times Index (STI) dipped 0.2 per cent to 3,448.55 points, after 32.4 million securities changed hands in the broader market. In terms of companies to watch, we have the Singapore Exchange.That’s as the bourse’s total securities market turnover in August rose 22 per cent on the year to S$28.8 billion. Elsewhere from the impact of a big miss in August nonfarm payrolls and a disappointing revenue forecast out of Broadcom, to Apple reportedly using Arm’s chips for its latest iPhones – more corporate and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
9/9/2024 • 15 minutes, 46 seconds
That's How!: How to write a song!
How can one write that perfect tune? And can a song be given as a gift? What's it really take? Do we need to count how many lines there are in a verse for example? What if we don't have the best singing voice? What do we do then? Is it really as methodical as it seems or sounds, or must we inject our own authenticity and creativity also? Hongbin Jeong and Roshan Gidwani discuss on That's How! Yajur Madan, founder of My Creative Factory provides his opinion also. Source: www.musicnotes.com/blog/how-to-write-a-complete-song-an-introduction-to-songwriting/?msockid=0cd382c53a2a6c82089096b13b6f6d0c First song: "Spite" by Omar Apollo Second song: "Tian Tian's Gift" by Roshan GidwaniSee omnystudio.com/listener for privacy information.
9/9/2024 • 6 minutes, 37 seconds
What's Trending: Did Nikocado Avocado's social experiment work?
On What's Trending, Nikocado Avocado, a YouTube star known for his mukbang style videos, has returned with a slimmer appearance and a 250lbs weight loss journey. He claimed it took him two years to lose the weight, from 411 pounds at his heaviest to 158 pounds today. Nikocado's main channel video, "Two Steps Ahead," received over 26 million views, highlighting his weight loss journey and the ridicule he faced from people online. Also, YouTubers Arun Maini and Matthew Perks have broken a Guinness World Record by constructing a 6.74-foot-tall scaled-up iPhone 15 Pro Max. The phone, equipped with an 88-inch OLED display, camera, flashlight, and charging port, has a working lighting system and a charging port compatible with the world's largest USB-C cable.See omnystudio.com/listener for privacy information.
9/9/2024 • 7 minutes, 31 seconds
Spill The Tea: Kim Kardashian’s son’s YouTube rules!
Kim’s son, has launched a YouTube channel, but there’s some rules as to what he can and can’t upload. What are they? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
9/6/2024 • 6 minutes, 41 seconds
Sports Minutes: Perry Ng on his dreams of representing Singapore, the timeline to attaining citizenship & playing for Cardiff City
Fresh from his "familiarisation stint" with the Singapore Men's National football team, Perry Ng is in the Sports Minutes hot seat to tell us about his about his dreams of representing the Lions, the timeline to attaining Singapore citizenship and his thoughts on the detractors who are questioning his intentions. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
9/6/2024 • 18 minutes, 27 seconds
Market View: One last look at expectations for US nonfarm payrolls; Seven & i turns down Alimentation Couche-Tard’s US$38.5B bid; Qualcomm reportedly exploring possibility of buying portions of Intel’s design business; Merger of two Chinese state backed brokerages, creating leader with US$230B in assets; UOB prices bonds; Nio narrowed Q2 loss by 16.7%
Singapore equities began the day in the negative territory, tracking global losses overnight. In early trade, the Straits Times Index (STI) dipped 0.1 per cent to 3,455.23 points after 55.9 million securities changed hands in the broader market. In terms of companies to watch today, we have Nio, after the Chinese electric-vehicle maker narrowed its Q2 loss for FY2024 by 16.7 per cent to 5.05 billion yuan (S$926.6 million) on higher sales. Elsewhere, from Seven & i Holdings turning down Alimentation Couche-Tard’s US$38.5 billion cash bid, to Qualcomm reportedly having explored the possibility of acquired portions of Intel’s design business - more corporate headlines remain in focus. Also on deck – one last look on market expectations before the latest US nonfarm payrolls numbers come in tonight. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
9/6/2024 • 15 minutes, 54 seconds
That's How!: Beating 'imposter' syndrome
Keen on a reinvention? What's it really take? What's the DNA required to take that leap of faith and shed your old skin, start afresh or even use your current skills to transform yourself for what's next? Paul Tan, Co-founder of Flojo, a productivity Drink, Gerald Ang, Coach and Mentor, and Samantha Ng, Senior Career Coach from General assembly provide some insight into what it takes to beat imposter syndrome, enter a new industry and reinvent yourself. Source: https://hbr.org/2022/09/how-to-build-a-career-in-a-new-industrySee omnystudio.com/listener for privacy information.
9/6/2024 • 8 minutes, 38 seconds
R.I.C.H: This entrepreneur built a coffee empire from the ground up
Have you ever felt like you couldn’t get a perfect cup of coffee outside? That's how entrepreneur Ronnie Choo felt. He wasn’t impressed by what he saw in Singapore’s coffee scene, which prompted him to start his own coffee brand, Huggs Coffee. Almost two decades on, Huggs Coffee has expanded into one of Singapore’s largest homegrown specialty coffee brand. Now, Ronnie has a new venture, Sojourner Coffee – a stylish CBD cafe for specialty brews with a cozy ambiance. So, what does it take to successfully run a coffee empire? On R.I.C.H, Hongbin Jeong and Roshan Gidwani speak with Ronnie Choo, CEO of Huggs Coffee and Founder of Sojourner to find out. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
9/6/2024 • 11 minutes, 40 seconds
Culture Club: A new way of authenticating your pearls
Maiko Makito, Co-owner and Managing Director of Pearl FALCO, is a pioneering leader merging traditional pearl craftsmanship with modern innovation. Under her direction, Pearl FALCO launched the first-ever digital certificate for an Akoya Pearl Necklace using blockchain technology, setting a new standard for authenticity and transparency in the luxury jewelry market. Rooted in her family's legacy in Ise Shima, Japan, the birthplace of cultured pearls, Maiko has expanded the brand's presence globally, including a key gallery in Singapore. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Maiko Makito, Co-owner and Managing Director, Pearl FALCO, to find out more. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
9/6/2024 • 13 minutes, 54 seconds
What's Trending: Spain-gle and ready to mingle
On What's Trending, Spain's Mercadona supermarkets are experiencing a TikTok Craze, where singles can find romance by placing a pineapple upside down in their trolley between 7pm and 8pm. Singles are encouraged to visit the wine aisle to find others with the same fruit in the same position, and if they like each other, they bump their trolleys against each other, indicating mutual interest in chatting. Also, Elon Musk has been accused of endorsing an investment opportunity using AI tools. Scammers are editing genuine interviews with Musk, replacing his voice with a replica using advanced AI tools, and these deepfakes have flooded the internet in recent months, deceiving thousands of would-be investors.See omnystudio.com/listener for privacy information.
9/6/2024 • 10 minutes, 16 seconds
Spill The Tea: Sorry boss, going on a date
A company in Thailand is offering its employees Tinder Leave; which is when they can take time off to pursue their romantic interests. Love is in the air, but is this fair? Roshan Gidwani and Hongbin Jeong spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
9/5/2024 • 5 minutes, 18 seconds
That's How!: Does this workplace have red flags?
Ever wondered if your workplace might be more toxic than you realise? When you’re working in a toxic workplace, there may be signs that you recognise - bullying, gossip, unsustainable workloads - to name a few. In fact, according to a survey, a toxic workplace culture was the number-three reason workers gave for wanting to quit. So, how can we identify a toxic work place? Can we identify it before signing on to join the workplace even? Hongbin Jeong and Roshan Gidwani discuss on That's How!. See omnystudio.com/listener for privacy information.
9/5/2024 • 9 minutes, 14 seconds
Market View: How should investors react to Intel’s chip-making process?
Singapore equities began the day firmly in positive territory after global equities largely fell overnight. To end the day, STI closed up 0.5%. So how did the STI fare today ahead of the important non farm payroll tomorrow? Meanwhile, as scepticism over the artificial intelligence hype grows momentum, Broadcom's recent tests of Intel's 18A chipmaking process have revealed that it has not produced satisfactory results. So how should investors react? On top of this, Broadcom is due to report its latest results soon. What should investors look out for? On Market View, David Chow, Director of Azure Capital joins Hongbin Jeong for the latest market moves and views. See omnystudio.com/listener for privacy information.
9/5/2024 • 17 minutes, 2 seconds
Culture Club: Is AI the future of movie-making? What about humans?
AI has been taking the world by storm since ChatGPT was launched two years ago. Soon you may be able to watch a blockbuster entirely generated by artificial intelligence. AI CREATE is set to bring Singapore's first AI film showcase at the ArtScience Museum. Taking place on September 14 and 15, Creator RenAIssance will showcase 18 iconic short films and documentaries created using AI. The event is set to redefine how we view filmmaking and the role of AI in the creative process. On Culture Club, Hongbin Jeong and Roshan Gidwani speak with David Webster, Co-Founder of AI CREATE and CEO & Co-Founder of The Carrot Collective to find out more about the upcoming festiva. They also deep dive into how AI is revolutionising the creative landscape in Singapore. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] See omnystudio.com/listener for privacy information.
9/5/2024 • 18 minutes, 20 seconds
What's Trending: Can Anna Sorotin groove her way back to spotlight?
On What's Trending, students are using TikTok to showcase their decorated dorm rooms, a trend similar to Gossip Girl. They are hiring interior designers to create rooms with trendy decor, smart storage solutions, and unique personal touches. Also, Anna Sorokin, known for her infamous 2018 arrest for swindling over $200,000, is set to appear on Season 33 of Dancing With the Stars, with an ankle monitor on her leg as part of her house arrest. Sorokin will be joining Team USA's breakout star, Stephen Nedoroscik, known as "Pommel Horse Guy."See omnystudio.com/listener for privacy information.
9/5/2024 • 6 minutes, 23 seconds
Spill The Tea: What’s the deal with dynamic pricing?
It’s similar to surge pricing when vendors raise prices based on demand… But is it fair? And what’s the recent kerfuffle all about? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
9/4/2024 • 3 minutes, 58 seconds
Market View: Massive sell-off in tech stocks, Nvidia dow nearly US$280B in value; Movements in Asian chip stocks TSMC, SK Hynix, Samsung; SIA, Cathay Pacific Airways, Rolls Royce and Airbus A350s; CapitaLand Investment and outlook for REITS, property developers; Bitcoin’s slide amid risk-off mood
Singapore shares started trading in negative territory today, tracking overnight losses in global markets. The Straits Times Index (STI) opened 1.7 per cent lower at 3,422.71 points after 50.9 million securities changed hands in the broader market. In terms of companies to watch for today, we have CapitaLand Integrated Commercial Trust. The trust will issue 171.7 million new units at an issue price of S$2.04 apiece. Elsewhere from the global tech rout we saw overnight with Nvidia shedding nearly US$280 billion in value to Singapore Airlines inspecting some engines in its A350-900 planes as a precaution after Cathay Pacific Airways identified an engine component failure on one of its flights – we’ve got more international and corporate headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Carl Ashton, Investment Counselor, Citi Private Bank.See omnystudio.com/listener for privacy information.
9/4/2024 • 15 minutes, 32 seconds
Under the Radar: What are the key drivers of growth for ByteDance’s super app for enterprises Lark?
Imagine a productivity super app for businesses to digitalise operations from HQ to storefront, streamline communications, and achieve operational efficiency – all in one place. That’s Lark for you. Initially developed by Chinese social media giant ByteDance in 2016 for internal use, Lark started as a platform that aims to combine business processes and collaborative documents in a single platform to transform workplace collaboration. The platform was later spun off in 2019 to become a subsidiary of ByteDance, providing tools for project management, video conferencing, chat, documentation, and automation to help enterprises simplify their workflows. The firm serves some of the fastest growing companies from over 125 countries, ranging from Pop Mart, Atome, Xiaomi, Aeon Mall and even hotpot chain Haidilao, and is widely seen as a close competitor of Slack. But how does Lark define its positioning within the industry and the geographical markets it wants to double down on? Also, a technode article in December 2021 had said that Lark was aiming to achieve US$1 billion in global revenue from the five years counting from 2021. Three years later, an Yicai Global report said in March 2024 that Lark is reportedly launching a downsizing initiative and a new round of organisational adjustments. But what were the reasons behind the move and how far is the Lark still in line with the earlier targets it had set out to achieve? What will be the key drivers of growth for the firm? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Mark Dembitz, General Manager of APAC, Lark.See omnystudio.com/listener for privacy information.
9/4/2024 • 28 minutes, 56 seconds
That's How!: How to have effective money conversations
Ever found yourself tongue-tied when it comes to discussing money with your partner, family, or friends? You’re not alone! In this episode of That's How!, Hongbin Jeong and Roshan Gidwani tackle one of the trickiest aspects of financial life: having effective money conversations.See omnystudio.com/listener for privacy information.
9/4/2024 • 7 minutes, 18 seconds
R.I.C.H: Meet the CEO by day, Master Athlete by night
Envision a leader who excels in both the high-stakes world of wealth management and the demanding course of a marathon, driven by a singular vision: to leave a lasting legacy. CEO by day, Master Athlete by night. This is no other than Martin Wong, Regional CEO of Grandtag. Martin directs Grandtag, a leading financial advisory firm serving the ultra-rich since 2007. His successful leadership is also echoed on the track, where he has won numerous medals at various Masters Athletics competitions in his 50s. On R.I.C.H, Hongbin Jeong and Roshan Gidwani speak with Martin to find out how he balances both his professional and personal life. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
9/4/2024 • 11 minutes, 58 seconds
What's Trending: Should your fridge undergo a makeover?
On What's Trending, OCBC bank has introduced the OCBC MyOwn Account, allowing children aged seven to 15 to have their own bank accounts digitally through the OCBC Digital app. The account, available from October 20th, requires parents to open it via their OCBC Digital app. Also, TikTok users are embracing the 'Fridgescaping' trend, which involves decorating the inside of their refrigerator with ornate food storage containers, ornaments, picture frames, mirrors, and figurines. Some users have even incorporated the Regency aesthetic of Bridgerton, using wicker baskets and floral designs.See omnystudio.com/listener for privacy information.
9/4/2024 • 5 minutes, 49 seconds
Culture Club: The world of vintage spirits & traditional Asian beverages
Asian spirits have long held a revered status in their home countries, with rich cultural traditions and centuries-old craftsmanship shaping their identity. So dive into the world of vintage spirits and traditional Asian beverages at JIU Asia 2024, featuring more than 100 varieties of Asian-origin spirits. Explore the rich traditions and craftsmanship that will be showcased at the three-day event from September 6th to 8th. On Culture Club, Hongbin Jeong and Roshan Gidwani speak with Keith Nakamura, Head of Marketin, VMSD and Jacelyn Lee, Managing Director, VMSD to find out more. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
9/4/2024 • 15 minutes, 13 seconds
Spill The Tea: Is Bread Street Kitchen slipping?
Gordon Ramsay’s Bread Street Kitchen is serving up lacklustre meals. Usually, when it comes to food, most times we want the quality of what we eat to be high, must be presented well, taste amazing and be priced just right. What happens, when this isn’t so? Well, your customers will let you know. Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
9/3/2024 • 5 minutes, 9 seconds
That's How!: Kid savvy money hacks
Should you be teaching your kids the value of money? How early should they start? Ever wondered how to introduce your kids to the world of money in a way that’s both fun and effective? On That's How!, Hongbin Jeong and Roshan Gidwani tackle the ultimate question: How can you teach your children essential money hacks that will set them up for financial success?See omnystudio.com/listener for privacy information.
9/3/2024 • 11 minutes, 18 seconds
Market View: Cathay Pacific cancels flights after discovering faulty component on A350s, CapitaLand Investment sells 50% interest in Ion Orchard to CICT; South Korea’s consumer inflation weakest in 3.5 years in August; UK consumers versus “double dip shrinkflation”
Singapore shares started trading in positive territory today despite the European market ending little changed the previous day. In early trade, the Straits Times Index (STI) opened 0.2 per cent higher at 3,468.84 points after 32.7 million securities changed hands in the broader market. In terms of companies to watch, we have CapitaLand Investment. CapitaLand Investment has agreed to sell a 50 per cent interest in Ion Orchard and its connecting underpass, Ion Orchard Link, to CapitaLand Integrated Commercial Trust for an estimated purchase consideration of S$1.1 billion. Elsewhere, from Cathay Pacific Airways cancelling flights after discovering a faculty component on some of its Airbus A350s, to British shoppers wising up to what’s said to be “double dip shrinkflation”, more corporate and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Analyst, OANDA.See omnystudio.com/listener for privacy information.
9/3/2024 • 15 minutes, 5 seconds
R.I.C.H: How do you take $500 and turn it into $15 million?
How do you take $500 and turn that into millions? Is that even possible? Entrepreneur Joshua Chan did just that, embarking on a journey that would eventually lead him to bootstrap a company to a $15 million dollar acquisition. Joshua is the man behind one of the most popular ergonomic chairs, Ergotune. On R.I.C.H, Hongbin Jeong and Roshan Gidwani speak with Joshua Chan, Founder, Ergotune to find out about his entrepreneurship journey; from failed ventures to the birth of a multi million dollar idea and what's next after exiting the company. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] See omnystudio.com/listener for privacy information.
9/3/2024 • 13 minutes, 51 seconds
Culture Club: The CEO forging the way for the Asian fashion industry
In the past decade, sustainability has come into sharp focus for the fashion industry. Here in Singapore, the topic has come into much sharper focus over the last few years. As the new CEO of the Singapore Fashion Council, Zhang Ting-Ting is developing a refreshed vision for the Singapore fashion industry to be a vibrant Asian hub for responsible fashion. This heavy lean on sustainability emerged from her unique multidisciplinary background, starting from architecture at Zaha Hadid Architects before moving into fashion supply chain management and even sitting on The Earthshot Prize Expert Advisory Panel. On Culture Club, Hongbin Jeong and Roshan Gidwani speak with Zhang Ting-Ting, CEO, Singapore Fashion Council to find out how she aims to execute her vision for Singapore as a hub for responsible fashion. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
9/3/2024 • 15 minutes, 50 seconds
What's Trending: Barbie's 65th pink and glazed celebration
On What's Trending, schools in China are increasingly upgrading their desks and chairs to convert into nap beds, allowing students to have more comfortable sleep. In Huichang, the local government began equipping eight schools with 1,966 sets of recliner chairs and foldable desks which allows students to lie down straight during mid-day breaks, instead of hunching over the desk. Also, Barbie fans in Singapore can now enjoy Krispy Kreme Doughnuts featuring unique designs and flavors as part of the iconic doll's 65th anniversary. Krispy Kreme will be selling three types of Barbie doughnuts at outlets islandwide from September 5th to 30th.See omnystudio.com/listener for privacy information.
9/3/2024 • 6 minutes, 31 seconds
Spill The Tea: Can AI clone our voices?
Yes! AI can clone our voices. Two voice-over performers found that their voices were cloned. How did this happen and what are the implications? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
9/2/2024 • 5 minutes, 21 seconds
Market View: US hotel workers launch strike over long weekend; Latest PCE Price Index; Nio’s earnings; Sats’ Worldwide Flight Services Holland proposes to acquire Menzies Wold Cargo (Amsterdam); OKX Singapore gets major payment institution licence from MAS and more
Singapore stocks kicked off the trading day on a bright note after global equities finished the trading week in positive territory. That’s ahead of a highly anticipated September interest rate cut by the US Federal Reserve. In early trade, the Straits Times Index (STI) rose 0.1 per cent to 3,446.66 points after 44.9 million securities changed hands in the broader market. In terms of companies to watch today, we have Nio. The Chinese electric vehicle carmaker yesterday announced it delivered 20,176 vehicles in August. This is 4.4 per cent more than the corresponding year-ago period. Elsewhere, from a low down on the latest US Personal Consumption Expenditures Price Index numbers out on Friday, to more on crypto exchange OKX in Singapore – more international and corporate headlines remain in focus. Also on deck – how US hotel workers were on strike across the US yesterday. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments of the day.See omnystudio.com/listener for privacy information.
9/2/2024 • 14 minutes, 10 seconds
Under the Radar: From thermometer to medtech solutions – How is Japanese medical equipment maker Terumo Corporation executing its "From Devices to Solutions" innovation strategy?
Today we’re going to talk about the journey a Japanese thermometer manufacturer took to transform itself into a medtech player and increasingly a medical solutions provider. Founded in 1921 to address a stoppage of thermometer imports to Japan amid World War I, our guest Terumo is now a global leader in medical equipment with a footprint in over 160 countries and regions. Its range of products has also broadened over the century, and now extends beyond thermometers to include vascular intervention, cardio-surgical solutions, cell therapy technology and even diabetes care and peritoneal dialysis treatments. Why are we speaking to Terumo you might ask? Well, Terumo is an interesting company to look at because of just how fast society is changing in recent years, and how societal changes are creating new and more complex healthcare challenges for medtech players. These include the increased prevalence of chronic diseases amid an ageing population, the drive to improve healthcare efficiency through digital technologies and the need to balance advancing healthcare versus cost effectiveness. All that means the firm needs to rethink its positioning strategy and value proposition to remain relevant amid the evolving external environment. To do so, Temuro had in December 2021 came up with a 5-year innovation strategy called GS26, in which the company plans to reposition itself from a device maker to a solutions provider. But what were some of the business decisions made in line with the strategy in the three years since 2021, particularly within Asia, and how would the firm assess its success in implementing the strategy? Meanwhile, Terumo had in August this year launched a new corporate venture fund called Temuro Ventures to invest in early stage companies. But how far will this help Temuro further innovate and meet ever changing healthcare needs? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Probir Das Group Executive Officer, Terumo Corporation/ Chairman, Terumo Asia Holdings, Vice Chairman of APACMed Board of Directors.See omnystudio.com/listener for privacy information.
9/2/2024 • 41 minutes, 26 seconds
That's How!: Reducing financial stress
I can't afford this. I can't afford that. Will I be able to afford it in the future? Stressing about money? You're not alone. Whether your problems stem from a loss of work, escalating debt, unexpected expenses, or a combination of factors, we've all had some type of financial worry. But how do you mitigate those concerns? How do you cope with financial stress? Hongbin Jeong and Roshan Gidwani discuss some tips on That's How!See omnystudio.com/listener for privacy information.
9/2/2024 • 6 minutes, 52 seconds
R.I.C.H: A woman who rebooted her way to success
Lai Yee is the CEO of Temus, bringing over 25 years of experience to the rapidly growing digital transformation firm backed by Temasek. Despite her social sciences background and lack of initial tech experience, Lai Yee climbed the ranks at Deloitte and IBM, building a remarkable career in tech and business consulting. After experiencing burnout, she took a two-year career break to focus on her health and family. This reset allowed her to return with renewed energy, eventually leading her to the CEO role at Temus. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Ng Lai Yee, Chief Executive Officer, Temus, to share more about how she overcame her burnout. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
9/2/2024 • 11 minutes, 58 seconds
Culture Club: Reviving heritage through bilingual stories
In Singapore's multicultural landscape, the decline in mother tongue usage is a growing concern, as noted by Education Minister Chan Chun Sing. Here comes Qrious Culture, supported by the Lee Kuan Yew Fund for Bilingualism, who addressed this by revitalizing bilingualism among the youth. The latest season features bilingual documentaries by storytellers like Priyanka Tamilarasan, who honors Bharatnatyam dancer Ambiga Krishnasamy, and Yusri "Shaggy" Sapari, who captures the voices of Singapore’s heavy vehicle drivers; these films highlight the importance of preserving cultural and linguistic heritage. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Priyanka, Content Creator & Creative Head of Sit Still, Look PRI- TEA, and Yusri "Shaggy" Sapari, Documentary Filmmaker, Paradise Pictures, to find out more. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
9/2/2024 • 17 minutes, 4 seconds
What’s Trending: Can you multiply two 50-digit numbers without a calculator?
A Malaysian teenage math whiz has set a record for solving a 50-digit multiplication. Ms Yap Wen Min, 19, entered the Malaysia Book of Records for being the Fastest to Solve 50 Digits Multiplication in 24.61 seconds. Also, Donald Trump is back to shilling digital trading cards, but this time the Republican presidential nominee is attempting to sweeten the deal for some prospective buyers by throwing in a literal piece of the suit he was wearing when he debated President Joe Biden in June.See omnystudio.com/listener for privacy information.
9/2/2024 • 7 minutes, 33 seconds
Sports Minutes: How Floorball is growing from strength to strength here in Singapore
When it comes to local sports - more often than not swimming, athletics and even football dominates the headlines. But amongst the 'less heralded' sports making greats strides in Singapore is floorball. And part of their outreach is the upcoming "Floorball Fever Fiesta" - happening on 31 August & 1 September at Velocity - which aims to bring the sport closer to the community. Tune in as Ben Ow, President of Singapore Floorball Association & Gerald Tan, Singapore's U19 Captain and Men’s Opens player tell us more! Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
8/30/2024 • 16 minutes, 50 seconds
Spill The Tea: Not very demure, not very mindful trademark battle
The creator behind TikTok’s “demure” catchphrase is now at the center of a trademark battle. According to TMZ, a man in Washington state named Jefferson Bates filed to trademark “Very Demure .. Very Mindful ...” in an apparent attempt to cash in on Lebron’s success. Who will win this legal battle? Hongbin Jeong spills the tea. Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
8/30/2024 • 4 minutes, 41 seconds
Market View: Dow closes at fresh record high; US PCE Price Index Expectations; SIA receives approval for FDI into entity resulting from Vistara - Air India merger; Uber “committed” to South Korean market
Singapore shares rose this morning, after US indices were mixed and Europe’s main stock index closed higher overnight. In early trade, the Straits Times Index (STI) was up 0.4 per cent at 3,418.01 points after 55 million securities changed hands in the broader market. In terms of companies to watch today, we have Singapore Airlines. The flag carrier today announced it received approval from India’s government for foreign direct investment into the entity resulting from the merger Vistara and Air India. Elsewhere, from more on the US Dow Jones Industrial Average logging a record high, to expectations on the latest US PCE Price Index numbers, more international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
8/30/2024 • 16 minutes, 28 seconds
That's How!: Using CGM for diabetes
In this episode, Hongbin Jeong and Roshan Gidwani show you how you can make the most of Continuous Glucose Monitors (CGMs). Explore how CGMs can revolutionize your diabetes management. They break down the essentials: what a CGM does, how it tracks your glucose levels in real-time, and how this continuous stream of data can give you a clearer picture of your health. See omnystudio.com/listener for privacy information.
8/30/2024 • 8 minutes, 24 seconds
R.I.C.H: A daughter’s bright idea which led to success
Megan Lee, a 22-year-old business student at Singapore Management University, is working to revive her mother's struggling lighting shop, Light + Form Concepts, through a TikTok campaign. The shop has faced challenges since the 2020 circuit breaker period, but Megan's 56-second TikTok clip outlining her revival plans has sparked hope. She promised a forthcoming business pitch and invited viewers to follow their journey on TikTok, and her mother, surprised by the video's popularity, eagerly asked when the next one would be filmed. On R.I.C.H., Hongbin Jeong speaks to Samantha Ong Poh Kuan, Co-Founder, Light and Form, and Lee Ying Ti Megan, Student, Singapore Management University, to find out more about Megan's efforts to save the family business and the role social media in its revival. Presented by: Hongbin Jeong Produced and Edited by: Alexandra Parada ([email protected]), Nadiah Koh, and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/30/2024 • 11 minutes, 44 seconds
Culture Club: Three-time world pizza champion on what makes the perfect slice
Singapore’s pizza scene has significantly evolved since the introduction of the first outlet from a major international pizza chain. You can find a variety of options here, from traditional Italian pizzerias to trendy restaurants offering fusion creations. But what makes the perfect pizza? On Culture Club, Hongbin Jeong finds out from the three-time champion of the Best Italian Pizza World Championship. Vincenzo Lavecchia, better known as Chef Enzo, is the Head Pizzaiolo Chef at Allora Ristorante & Bar at Crowne Plaza Changi Airport. Allora Ristorante and Bar is an authentic Italian restaurant, bar, and alfresco dining spot that promises a warm and approachable atmosphere, comforting food and beverages that will take you on a journey through Italy. Presented by: Hongbin Jeong Feature produced and edited by: Nadiah Koh and Aaron Lam Do you have a story to tell on The Evening Runway show? Contact [email protected] See omnystudio.com/listener for privacy information.
8/30/2024 • 9 minutes, 40 seconds
What's Trending: Top 15 finalists of Miss Universe Singapore 2024 revealed
For the first time in its 70-year history, Miss Universe Singapore has flung open its doors to Singapore citizens who are married, divorced and have children. There is also no upper-age limit. And the local beauty pageant has just revealed its top 15 finalists. Also, a "right to disconnect" rule has come into effect in Australia, offering relief to people who feel forced to take calls or read messages from employers after they finish their day’s work. See omnystudio.com/listener for privacy information.
8/30/2024 • 4 minutes, 5 seconds
Spill The Tea: Were these boy bands cheated?
Lou Pearlman, the manager behind The Backstreet Boys and NSYNC, didn’t do the bands justice financially! How so? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
8/29/2024 • 5 minutes, 44 seconds
Under the Radar: Multimedia entertainment studios Moment Factory sheds light on opportunities in the billion-dollar immersive entertainment market; project portfolio including Changi Airport Terminal 2’s The Wonderfall and Las Vegas Sphere
If you’ve been to the newly revamped Changi Airport Terminal 2, you’ve would’ve noticed this landmark feature located at the heart of the departure hall. Does an immersive digital waterfall ring a bell? Called The Wonderfall, the 14-metre tall digital waterfall is a piece of digital art and is said to be the result of a highly creative and technical challenge. The LED wall, for one thing, is made up of close to 900 flat and flexi-curve tiles, which blends seamlessly with the vertical green wall and the facade of the airport terminal. Along with piano music and sounds of the waterfall rush, the Wonderfall was quite the spectacle. But ever wondered who are the ones behind such digital entertainment experiences combining video, lighting, sounds and special effects? Well, that’s exactly who we’re going to talk to for today. Founded in 2001, our guest Moment Factory is a multimedia entertainment studio that specialises in the conception and production of immersive environments for its customers in public spaces. The Montreal-headquartered firm has a geographical presence in major cities such as Paris, Tokyo, New York and Singapore. It serves some of the world’s largest companies such as Microsoft, Billie Eilish, Changi Airport, the NFL, Madonna, the City of Barcelona, Sony and cruise operator Royal Caribbean, and is behind some of the most notable installations like Las Vegas Sphere. But how would the firm define its value proposition given such a diverse customer base? Meanwhile, Grand View Research estimates the global immersive entertainment market to grow at a CAGR of 24.6% from 2024 to 2030 to reach US$426.77 billion by 2030. But where does digital immersive experience fit within the market, and what will be the key drivers of growth for Moment Factory? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Danny Tan, Singapore-based Managing Producer, Moment Factory.See omnystudio.com/listener for privacy information.
8/29/2024 • 26 minutes, 41 seconds
That's How!: Do opposites attract in a workplace?
Ever found yourself in the trenches with someone who feels like your total opposite? You're not alone! In this episode of "That's How!", Hongbin Jeong and Roshan Gidwani dive headfirst into the art of working with people who couldn’t be more different from you if they tried. See omnystudio.com/listener for privacy information.
8/29/2024 • 8 minutes, 34 seconds
Market View: Is the slide in Nvidia’s shares warranted?; 94th birthday present for Warren Buffett; SGX earnings - Prudential and PEC; Will S-Reits outshine banks with Fed rate cuts; China’s empty office glut supercharges Hilton’s expansion plans
Singapore shares slumped at the opening bell today after global equities ended mixed overnight. In early trade, the Straits Times Index (STI) was down 0.1 per cent to 3,386.25 points after 25.4 million securities changed hands in the broader market. In terms of companies to watch, we have Prudential. Its new business profit – a measure of profitability for insurance businesses – fell 1 per cent to US$1.47 billion on an actual exchange rate basis for the first half ended June. Elsewhere, from whether Nvidia is bearing the brunt of being too good, to Berkshire Hathaway hitting US$1 trillion in market value briefly yesterday – more corporate and international headlines are in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
8/29/2024 • 18 minutes, 4 seconds
Culture Club: This genius twist on a traditional Asian snack is a must have
Salted egg can be considered one of Singapore’s favourite snack flavours. And you can't talk about salted eggs without involving the IRVINS’ brand. We all know and love IRVINS’ salted potato chips, fish skin, and salmon skin snack boxes. Now, Singaporean rapper and songwriter, Yung Raja has once again outdone himself, teaming up with the popular home-grown snack brand to launch the Salted Egg Papadom, a true flavour bomb. On Culture Club, Hongbin Jeong and Roshan Gidwani speak with Irvin Gunawan, Founder, IRVINS and rapper, Yung Raja to find out more. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh and Aaron Lam Do you have a story to tell on The Evening Runway show? Contact [email protected] See omnystudio.com/listener for privacy information.
8/29/2024 • 16 minutes, 50 seconds
R.I.C.H: A leader’s vision beyond the classroom
Elaine Kim, CEO and co-founder of Trehaus, is a visionary in early childhood education. She has shaped Trehaus into a mission-driven organisation that redefines education for all children, not just the elite. Starting with a cutting-edge preschool in Singapore, where her son thrived, Trehaus blends top global pedagogies to nurture future leaders with strong values. She is committed to educational equity, using Trehaus’ success to bridge gaps in early education, and to nurture future leaders with strong values. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speak with Elaine Kim to share more about her journey, vision, and how Trehaus is transforming early childhood education. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]), Nadiah Koh, and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/29/2024 • 17 minutes
What's Trending: What makes Billie Eilish's records 'eco-friendly'?
Beyoncé may carry hot sauce in her bag, but a reality television star’s recent post on social media begs the question: Is it okay to bring your own food into a restaurant? Also, the UK's vinyl habit is estimated to produce the same amount of emissions as 400 people each year. But Billie Eilish is hoping to change the record with her new album Hit Me Hard and Soft.See omnystudio.com/listener for privacy information.
8/29/2024 • 8 minutes, 44 seconds
Spill The Tea: Will Rachel’s outfit, be yours?
To be or not to be, tis the question. To buy or not to buy, tis the dilemma… Friends memoribilia will be up for auction, so which pieces interest us most? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
8/28/2024 • 4 minutes, 1 second
Sports Minutes: Deadline day looms large in the European transfer market, so who needs what?
The European transfer window closes this week, and the countdown is on for clubs to get their business done. With concerns surrounding PSR enforcements at an all-time high, and the influx of Saudi money flat-lining - what have you made of how clubs have conducted their dealings this summer? And with the deadline looming, who needs to get what done? James Walton, Deloitte's Sports Business Group Leader of Asia Pacific, weighs in. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
8/28/2024 • 18 minutes, 4 seconds
Market View: Keppel Infrastructure Trust’s S$200M private placement; Wing Tai’s net loss widens to S$99.2M; Alibaba’s impending inclusion in Stock Connect; Seven & i seeks government protection after US$38 billion approach; Last look at Nvidia and CrowdStrike before earnings; Gold prices near record high
Singapore shares started trading in negative territory today despite overnight gains in global markets. The Straits Times Index (STI) opened 0.1 per cent lower at 3,396.82 points after 25.9 million securities changed hands in the broader market. In terms of companies to watch for today, we have Wing Tai, after the property developer widened its net loss for the second half ended June to S$99.2 million, from S$50 million in the year-earlier period. Elsewhere from a last look at chip giant Nvidia before its earnings release later in the trading day, to how the NASDAQ is seeking the green light from regulators to launch and trade options on a Bitcoin index, more corporate and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Jeremy Tan, CEO, Tiger Fund Management.See omnystudio.com/listener for privacy information.
8/28/2024 • 14 minutes, 54 seconds
That's How!: The warning signs to know if you're getting quiet fired
Ever felt like your boss has suddenly put you on a professional "mute"? On That's How, Hongbin Jeong and Roshan Gidwani unravel the mystery of the "quiet firing"—that stealthy tactic where your employer subtly nudges you out the door without a formal goodbye. Are you the next target? Listen to find out the warning signs. See omnystudio.com/listener for privacy information.
8/28/2024 • 6 minutes, 35 seconds
R.I.C.H: A woman who is bridging gaps and smiles
The Singapore Council of Women's Organisations (SCWO), founded in 1980, serves as the national coordinating body for women's organisations in Singapore. Under the leadership of newly elected President Dr. Seow Yian San, the first dentist to hold this role and a past President of the Association of Women Doctors Singapore, SCWO will continue to champion gender equality and empower women across Singapore and beyond. On R.I.C.H, Hongbin Jeong and Roshan Gidwani speaks to Seow Yian San, President, SCWO, to share about her leadership at SCWO, and how she is advancing gender equality and empowering women in Singapore. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]), Nadiah Koh, and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/28/2024 • 14 minutes, 25 seconds
Culture Club: Rina Lee's bling tells the stories of self-love, strength and courage
On the hunt for contemporary-styled accessories in Singapore, that is also affordable too? Rina Lee Jeweller showcases modern classics that tell stories of self-love, strength and courage. The Singaporean designer incorporates her free spirit into her jewellery line, featuring gemstones and crystals, inspired by her own spiritual journey. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh and Aaron Lam Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
8/28/2024 • 8 minutes, 58 seconds
What's Trending: '10,055km miles to see you, Adele'. A night to remember for one Singaporean
A Singapore fan had an unforgettable evening when she attended English singer Adele’s concert in Munich, Germany, on Aug 23.The fan from Singapore was invited onstage by Adelafter the singer spotted her banner. Are we closer to getting an Adele concert in Singapore? Also, a 3,500-year-old jar has been accidentally smashed into pieces by a ive-year-old boy during a trip to a museum in Israel. Did that anger the Hecht Museum at the University of Haifa?See omnystudio.com/listener for privacy information.
8/28/2024 • 8 minutes, 14 seconds
Spill The Tea: Channing Tatum airs out dirty laundry
Apparently, the famous actor doesn’t even like doing Laundry that much. So he reverted to buying the same item again and again. What could it be? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
8/27/2024 • 5 minutes
Market View: What Nvidia, chip titans can tell us about big tech AI spending, AI rally; Fed Mary Daly, Thomas Barkin on interest rates; Oil prices movement; SGX counters Silverlake Axis, RE&S, privatisation, and reviving interest on SGX and more
Singapore shares were little changed this morning after previously ending higher on Federal Reserve chair Jerome Powell’s Jackson Hole comments signalling a September rate cut. In early trade, the Straits Times Index (STI) was down slightly by 0.01 per cent, to 3,395.75 points after 36.6 million securities changed hands in the broader market. In terms of developments to watch, we have Silverlake Axis. The enterprise technology company has received a voluntary unconditional offer to go private at S$0.36 per share in cash. Alternatively, shareholders may choose to receive a combination of cash and redeemable preference shares. Elsewhere, from a deep dive into comments by Fed officials Mary Daly and Thomas Barkin, and what big tech names like Nvidia can tell us about the longevity of the AI boom, more international and corporate headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Eddy Loh, Chief Investment Officer, Maybank Group Wealth Management.See omnystudio.com/listener for privacy information.
8/27/2024 • 15 minutes, 27 seconds
Under the Radar: What is Stripe’s take on the fragmentation of the APAC payments landscape?
Today we’re going to talk about a company whose mission is to increase the GDP of – not a country or city – but the internet. Founded in 2010, our guest Stripe is a technology company that prides itself on building the economic infrastructure for the internet. With dual headquarters in San Francisco and Dublin, and offices dotted across major financial hubs such as London, Tokyo and Singapore, the firm assists customers from the world’s largest enterprises to budding startups in accepting payments, growing their revenue and tapping new business opportunities. That means its suite of products and services cuts across a number of functions, from pricing, billing, checkouts, payment links, revenue recognition, to invoicing and even marketplace solutions. The firm said over 100 industry leaders process more than US$1 billion on its platform annually, while over US$817 billion in payments were processed by businesses on the platform in 2022. In Singapore specifically, the firm works with some of the fastest growing players including Grab and Carousell. Now, why are we speaking to Stripe you might ask? Well, the internet or the digital economy is an interesting one to look at, with the digital economy in ASEAN alone widely tipped to grow to US$1 trillion by 2030. But where are the opportunities within the broader APAC region? And more importantly, what are the complexities involved in capturing them given how fragmented the payment landscape is here? Not to throw in the cost of compliance as well? Meanwhile, the Stripe is also seeing a number of developments of late. It had in April raised US$694.2 million in a tender offer, giving the fintech player a 30 per cent higher valuation amid the cooler funding climate. The move is said to allow employees to cash out their share compensation without an IPO. But is the firm ready for an IPO anytime soon? Meanwhile, Stripe had also in July this year acquired its competitor Lemon Squeezy. But what was the rationale behind the move? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Paul Harapin, Chief Revenue Officer, Asia Pacific & Japan, Stripe.See omnystudio.com/listener for privacy information.
8/27/2024 • 33 minutes, 2 seconds
That's How!: Building mental resilience through sports
Athletes can appear almost superhuman. Despite tremendous pressure and the millions watching them, they stay focused, composed, and poised as they push their bodies to peak performance. To reach the highest levels of their sport, they have developed both physical and mental resilience. On That's How!, Hongbin Jeong and Roshan Gidwani dive into how sports can build mental resilience. See omnystudio.com/listener for privacy information.
8/27/2024 • 9 minutes, 52 seconds
R.I.C.H: Superstar sisters wrapping tradition on a plate
Singaporean sisters, Hong Wei Ting and Wei Ling are revitalising their family's legacy at Fortune Food, which started as a hawker stall in Geylang, renowned for its traditional handmade popiah skin and kueh pie ti. From university graduates, these sisters ventured into a competitive (and often male-dominated) industry like F&B with a very hands-on approach to the business. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Hong Wei Ting, Co-Founder, Souperstar, to share more about their story. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/27/2024 • 12 minutes, 52 seconds
Culture Club: What's the livestream craze about?
You’ve probably heard the buzz: Livestream shopping is the future of e-commerce. Livestream shopping is a trend where hosts showcase and sell products live to an online audience, combining the thrill of shopping with the immediacy of live entertainment. But what’s all the hype really about? And is it just another trend or the new way to make serious money online? On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Kenneth Tan, Co-founder and CEO of BeLive Technology, to share about the live-selling craze.See omnystudio.com/listener for privacy information.
8/27/2024 • 12 minutes, 37 seconds
What's Trending: A burglar's modern Epic
On What's Trending, Liam and Noel Gallagher have reportedly hinted at an Oasis reunion, with a clip featuring the band's logo appearing on their social media accounts and the official Oasis page. The brothers, who broke up in 2009 after a backstage brawl at the Rock en Seine festival in Paris, have been urged to regroup since their breakup in 2009.Also, a 38-year-old man from Rome was arrested after being caught in the middle of a burglary, distracted by a Greek mythology book he found at the scene. The man became so engrossed in the book that he continued reading it even as the 71-year-old homeowner confronted him. Attempting to escape, the thief tried to flee via the balcony he had used to enter but was apprehended by the police.See omnystudio.com/listener for privacy information.
8/27/2024 • 7 minutes, 1 second
Sports Minutes: How do the Lion City Sailors & Manchester United overcome their 'identity crisis' issues?
Expensively assembled squad? Check. Huge expectations to deliver? Check. Struggling to convince us of an identity? Check. The similarities between the Lion City Sailors and Manchester United are uncanny. Why is this the case? And what should Aleksandar Rankovic & Erik ten Hag do to overcome their respective 'identity crisis' issues. Deepanraj Ganesan & Zia-ul Raushan take a deep dive on Sports Minutes! Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
8/26/2024 • 24 minutes, 13 seconds
Spill The Tea: Baby baby baby aww - the new J.B.
Justin Bieber and Hailey Bieber have given birth to their first son, Jack Blues Bieber. The name has a deeper meaning as it is the middle name of Justin's father, Jeremy Bieber. The couple has grown closer over the years, and Jack's arrival also means that three generations of Bieber men share the 'JB' initials. But some celebrity baby names are pretty unusual as compared to the rest. Hongbin Jeong spills the tea.See omnystudio.com/listener for privacy information.
8/26/2024 • 3 minutes, 40 seconds
That's How!: How to invest in art
More and more people are beginning to see the value of investing in art. Appreciating fine art might be difficult to wrap your head around, but it’s easier than ever before to invest in it. On That's How, Hongbin Jeong and Roshan Gidwani dive into how you can get started. See omnystudio.com/listener for privacy information.
8/26/2024 • 6 minutes, 18 seconds
R.I.C.H: Actress, Entrepreneur, Philantrophist - what else can Carolina do?
Carolina Lizarazo is an award-winning actress, entrepreneur, and philanthropist who founded Caruna Med Spa & Laser Center in Miami, Florida. She is known for her versatility and passion, earning numerous awards and nominations. Beyond her acting career, Carolina has demonstrated her entrepreneurial spirit by creating a haven for beauty and wellness, offering cutting-edge treatments and personalised care. Her philanthropic efforts are also commendable, as she actively contributes to charitable causes and inspires others to make a positive impact in their communities. On R.I.C.H., Hongbin Jeong speaks to Carolina Lizarazo, Founder, Caruna Med Spa & Laser Center, to find out more on her passions behind the big screen. Presented by: Hongbin Jeong Produced and Edited by: Alexandra Parada ([email protected]) and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/26/2024 • 16 minutes, 35 seconds
Market View: Powell says “the time has come” for rate cuts; Apple vs Google; Starbucks’ over 170,000 possible drink combinations; Singapore ’s factory output up 1.8% yoy in July; Shangri-La Asia posts 28.1% yoy decline in net profit and more
Singapore stocks rose this morning as remarks from US Federal Reserve chair Jerome Powell cemented expectations that the central bank will cut its key policy rate next month. The Straits Times Index (STI) opened 0.4 per cent higher at 3,401.33 points after 72.9 million securities changed hands in the broader market. In terms of companies to watch, we have Shangri-La Asia. The hotel group had on Friday posted a 28.1 per cent decline in net profit to US$94.5 million for the first half-year ended June, from US$131.4 million a year earlier. Elsewhere from Singapore’s factory output returning to growth to more on Apple and Google, more local and corporate headlines remain in focus. Also in focus – how the over 170,000 possible Starbucks drinks combinations is complicating matters for the company and whether it is beneficial for the firm to go back to the basics. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
8/26/2024 • 15 minutes, 43 seconds
Culture Club: CUBA is here to change your idea of Malay food
Cuba is the Malay word for “try.” And it is a home-based business by chef Nazrin Shah. Cuba offers a menu of elevated Malay dishes such as nasi ulam ayam percik buah keluak, as well as a set of caneles, which comes in original and pandan flavours. On Culture Club, Hongbin Jeong speaks with Nazrin Shah, Founder, CUBA to find out how he takes traditional flavours in heritage-inspired dishes, and give it a contemporary twist. Presented by: Hongbin Jeong Feature produced and edited by: Nadiah Koh and Aaron Lam Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
8/26/2024 • 14 minutes, 41 seconds
What’s Trending: TikTok cucumber craze puts Iceland in a pickle
On What's Trending, TikTok user Logan Moffitt has sparked a worldwide trend of cucumber salads prepared in plastic deli containers, with his videos gaining 30 million views and thousands of recreations. However, the trend has caused a nationwide cucumber shortage in Iceland, where local grocery stores are out of cucumbers. Also, a new study has found that humans age at a molecular level in two accelerated bursts – first at the age of 44 and then again at 60. The majority of molecules studied showed accelerated, non-linear changes at these two points. Some points in time are particularly important for aging and health, such as the decrease in the ability to metabolise caffeine and alcohol.See omnystudio.com/listener for privacy information.
8/26/2024 • 5 minutes, 23 seconds
Spill The Tea: Which path did KSI choose?
KSI is a gamer, and he played Fifa and made more than his teachers. There’s many routes to financial success. Which one did KSI choose? Roshan Gidwani and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
8/23/2024 • 6 minutes, 18 seconds
Sports Minutes: Albirex Niigata's skipper Ho Wai Loon on Kazuaki Yoshinaga's struggles, and the road ahead for the White Swans
Having gone from winning 3 Singapore Premier League titles in the last 4 years, to winning just 3 matches in their opening 12 league games of 2024 - the new season has been quite the reality check for Albirex Niigata. Why has it seeming all gone wrong? And why did coach Kazuaki Yoshinaga pay the ultimate price for the White Swan's struggles? Club captain Ho Wai Loon spills the beans on Sports Minutes. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
8/23/2024 • 18 minutes, 58 seconds
That's How!: How to survive a job rejection
After dedicating hours to perfecting your resume, applying to countless jobs, and sharing with friends how well your interview went, receiving a rejection email can feel like a crushing blow. You might find yourself wondering, “Am I not qualified enough? Did I answer the questions incorrectly? Or were they just unfair and didn’t assess me properly?” Such thoughts can linger and hinder your progress in the job search for days. On this episode of That's How!, Hongbin Jeong and Roshan Gidwani delve into how you can still stay resilient after a job rejection. See omnystudio.com/listener for privacy information.
8/23/2024 • 9 minutes, 27 seconds
Under the Radar: AVEVA on acquisition by Schneider Electric, new “CONNECT” industrial intelligence platform, opportunities in Southeast Asia
It is all about helping enterprises extract value through digital transformation as we speak to a company said to be a global leader in the industrial software space. With over 6,400 employees, 5,000 partners and 5,700 certified developers, our guest is Cambridge headquartered software development firm AVEVA. The firm prides itself on sparking ingenuity to drive the responsible use of the world’s resources. Its industrial cloud platform and applications are said to assist businesses in harnessing the power of information, and better collaborate with stakeholders such as customers, suppliers and partners. These include providing clients with a Digital Twin for the whole asset lifecycle from Engineering through to Operations and Maintenance across diverse industries. So far, AVEVA serves over 20,000 enterprises across more than 100 countries, helping them deliver life’s essentials such as safe and reliable energy, food, medicines, infrastructure and more. Its valuation – well, above 10 billion British pounds. But why are we talking to AVEVA you might ask, well, the firm had in January 2023 announced the completion of its acquisition by Schneider Electric. The move was said to help the firm accelerate its transition into a subscription-only business model and become the number one Software-as-a-Service (or SaaS) provider of software and industrial transformation. But how far has that played out in terms of R&D investments and support from Schneider Electric? Meanwhile, AVEVA had in April 2024 unveiled an artificial intelligence powered industrial intelligence platform called CONNECT to form an ecosystem for innovation. But what does that mean in layman terms? It had also in June 2024 teamed up with IN-CORE Systemes to make Electric Vehicle battery production more efficient. But what can we expect on this front? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Shashank Luthra, Vice President, South East Asia at AVEVA.See omnystudio.com/listener for privacy information.
8/23/2024 • 33 minutes, 41 seconds
R.I.C.H: A Disney collector couple’s magical treasures
Bryan Seah, Solution Architect at Barracuda Networks, and Isabella Harefa, Finance Manager at Unearthed Productions, began their Disney collecting journey in 2020 during a trip to Shanghai – they were drawn to a Disney Princess Popmart set and purchased two blind boxes, eventually finding Mulan. This adventure sparked their passion for collecting, which has grown to include treasures from various brands, including Precious Moments, Beast Kingdom, and Disney Traditions. Their home has become a Disney haven, adorned with Disney artwork and their cherished collection. They have visited all Disney parks worldwide, except for the Paris ones. On R.I.C.H., Roshan Gidwani speaks to Bryan Seah, Solution Architect, Barracuda Networks, and Isabella Harefa, Finance Manager, Unearthed Productions, to share how their love for Disney has evolved into an enchanting collection that brings magic into their everyday lives. Presented by: Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]), Nadiah Koh, and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/23/2024 • 15 minutes, 49 seconds
Market View: SG core inflation cools more than expected in July; Alibaba to upgrade HK-listed shares to primary status; Apple to allow EU iPhone, iPad users to delete App Store; Comments by BOJ’s Ueda, Expectations on Fed Chair Jerome Powell’s speech and more
Singapore shares opened flat this morning, after US indices fell and Europe’s main stock index climbed overnight. In early trade, the Straits Times Index rose 0.03 point to 3,373.61 points after 34.3 million securities changed hands in the broader market. In terms of companies to watch today, we have Marco Polo Marine, after the integrated marine logistics company yesterday posted a 2.6 per cent rise in gross profit to S$14.6 million for the third quarter ended June. That’s from the S$14.2 million registered for the same period the year before. Elsewhere, from Singapore’s core inflation cooling more than expected in July, to Alibaba upgrading its Hong Kong-listed shares to primary status, more local and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
8/23/2024 • 15 minutes, 22 seconds
Culture Club: Keeping the kebaya alive with renowned designer Raymond Wong
The kebaya is a garment that needs little introduction. Here on our local shores, many might instantly relate it to the sarong kebaya worn by The Singapore Girls. But you can also find the garment in the islands of Indonesia, Brunei, Malaysia, Singapore and Thailand. Each region has made the kebaya their own, and each stitch tells a tale of their own history. On Culture Club, Roshan Gidwani speaks with Raymond Wong, Founder, Rumah Kim Choo as they explore the timeless beauty of the kebaya and Peranakan culture. Raymond is a practitioner of beadwork and embroidery in Singapore, and also a seasoned fashion designer at Rumah Kim Choo, which was founded by his paternal Peranakan grandmother, Nyonya Lee Kim Choo. Raymond once created a kebaya for Singapore’s First Lady Mrs Mary Tan, and created a shawl for the US First Lady Michelle Obama. Presented by: Roshan Gidwani Feature produced and edited by: Nadiah Koh and Aaron Lam Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
8/23/2024 • 17 minutes, 10 seconds
What's Trending: New Starbucks CEO allowed company jet for work commute?
From Colombia's upcycled sewer pipes to spheres suspended in the sky in Canada, capsule hotels have been reinvented for a new generation of travellers. Also, Starbucks is giving its incoming chief executive, Brian Niccol, access to a company-owned jet to commute roughly 1600 km to its headquarters in Seattle — a perk that sparked criticism from activists and others concerned about the environmental impact of private jets.See omnystudio.com/listener for privacy information.
8/23/2024 • 5 minutes, 3 seconds
Spill The Tea: Podcasters make HOW MUCH?
Alex Cooper, is a famous creator and host. Her podcast launched in 2018 and it’s amassed a huge fan base. Now she’s signed a deal with SiriusXM for more than…HOW MUCH? Roshan Gidwani and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
8/22/2024 • 4 minutes, 59 seconds
Market View: US Fed minutes; StarHub appoints DBS group exec as independent director; Xiaomi shares up some 8.5% after reporting fastest pace of quarterly revenue growth; LVMH cuts hundreds of staff in China and more
Singapore shares started trading in negative territory today despite overnight gains in global markets. The Straits Times Index (STI) opened 0.3 per cent lower at 3,364.53 points after 23.9 million securities changed hands in the broader market. In terms of companies to watch, we have StarHub. That’s as the telco appointed DBS Singapore group executive and country head Han Kwee Juan as its independent director as of 1st September. Elsewhere, from a deep dive into minutes from the US Federal Reserve’s latest policy meeting, to LVMH’s Sephora cutting about 10% of staff in China, more corporate and international headlines are in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
8/22/2024 • 14 minutes, 31 seconds
That's How!: Your next viral video to become an internet sensation
Let’s make this go viral. Picture your posts being viewed and appreciated by millions of people globally. Imagine the excitement of seeing your follower count skyrocket and becoming widely recognized for your name or brand. That’s the essence of going viral on Instagram. On this episode of That's How, Hongbin Jeong and Roshan Gidwani find out how you can go viral on Instagram with expert tips. See omnystudio.com/listener for privacy information.
8/22/2024 • 9 minutes, 10 seconds
R.I.C.H: Depression, blindness & money problems didn’t stop this entrepreneur
Imagine suddenly losing your sight right after giving birth to your newborn child. That's the unimaginable reality Cassandra Nadira Lee faced, going completely blind for over a year and being diagnosed with clinical depression following an extremely traumatic pregnancy and premature birth. But how did she transform her life in the face of overwhelming physical, emotional, and financial hardship to become a sucessful entrepreneur helping others transform their lives? On R.I.C.H, Roshan Gidwani speaks with Cassandra Nadira Lee, Founder, COMB about overcoming her harrowing journey. Presented by: Roshan Gidwani Feature produced and edited by: Nadiah Koh and Aaron Lam Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
8/22/2024 • 16 minutes, 1 second
What's Trending: Cristiano Ronaldo's new YouTube channel shatters world record
Following the success of 2023’s Beckham, Victoria Beckham is set to star in a new Netflix documentary series which will explore her fashion and beauty business. The series will offer a “behind-the-scenes” look at her reinvention from Spice Girl to creative director of her own brand. Also, Portugal’s Cristiano Ronaldo launched his YouTube channel on Aug 21 and hundreds of thousands of subscribers signed up within a couple of hours. Ronaldo's new channel, simply titled "UR", went live today and quickly shattered records, hitting one million subscribers in 90 minutes. See omnystudio.com/listener for privacy information.
8/22/2024 • 4 minutes, 18 seconds
Sports Minutes: More money, more problems? Assessing Boehly's Blues as uncertainty looms over Chelsea
You'd think spending in excess of ONE BILLION pounds would be a foolproof way to ensure success for a football club. Evidently not! Case in point: Chelsea - who under the Todd Boehly ownership have splashed the cash to recruit top talents the world over. Yet it hasn't equated to on pitch success. So what has gone wrong, and what needs to be done? We try to make sense of the madness in the company of Kalvinder Singh, a (disgruntled) Chelsea fan. .Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
8/21/2024 • 13 minutes, 34 seconds
Spill The Tea: These A-listers can’t stay together
Ben Affleck and Jennifer Lopez have filed for a divorce. The two Hollywood stars only lasted together for 2 years… Maybe co-stars shouldn’t get married? Roshan Gidwani and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
8/21/2024 • 5 minutes, 47 seconds
Market View: Walmart reportedly looking to sell stake in JD.com; Circle K and 7-Eleven; Netflix saw 150% surge in upfront ad commitments; Sats hot stock of the day after returning to the black and more
Singapore shares started trading in negative territory today. In early trade, the Straits Times Index (STI) inched down 0.1 per cent to 3,368.54 points after 58.4 million securities changed hands in the broader market. In terms of companies to watch, we have Sats being the hot stock of the day. That’s after the in-flight caterer and ground handler reversed earlier losses and posted a net profit of S$65 million for the first quarter ended June 2024 last evening. Elsewhere from how Walmart is reportedly seeking to sell its stake in JD.com to Netflix turning to advertising to broaden its revenue streams – more corporate headlines remain in focus. Also on deck – convenience store chains 7-Eleven and Circle K! On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.See omnystudio.com/listener for privacy information.
8/21/2024 • 15 minutes, 2 seconds
Under the Radar: Why is Glico so focused on making nut-based confectionery?
If you have been to Osaka, you would probably know who our guest is for today. After all, the company is behind the running man signage overseeing the Dotombori canal and a must-see attraction when visiting the city. Founded 102 years ago in 1922, Glico Group is best known as a confectionery maker behind brands such as Pocky, Pretz and Pejoy. But did you know that there is a heartwarming story behind how the products came about? Well, back in the days, the firm’s founder Riichi Ezaki had a son who was unwell. To improve the health of his son, Ezaki tested and confirmed the presence of a significant amount of glycogen in a sample of oyster broth. That was in the early 1900s so you can imagine that glycogen was a substance that was still relatively unknown. Well, Ezaki fed glycogen to his sickly son, who eventually became healthy. And it was this desire to use glycogen in confectioneries and enhance human health that lays the foundation for Glico. Today, the firm’s portfolio has expanded beyond brands like Pocky to look at ice-cream products, baby formula, milk products, desserts, food ingredients, as well as raw materials for cosmetic and health products. But even as the firm grows over the years, its focus on research and development and focus on health continues to be a key part of its value proposition. But how far has this emphasis on R&D and human health set the firm apart from the competition? Speaking of which, the firm appears to be setting its sights on using more nuts for its products. For one thing, Glico Manufacturing Indonesia, which is the largest Glico plant and exporter to North America Markets, now produces Pocky Crushed Nuts for ASEAN markets. But how far is the ingredient key for Glico’s future success? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Hideaki Nagahisa, Chief Operating Officer, Glico Asia Pacific.See omnystudio.com/listener for privacy information.
8/21/2024 • 24 minutes, 54 seconds
That's How!: Manifest your success - Dream big on your vision board
Creating a vision board is a powerful way to visualize and manifest your goals and dreams. On That's How!, Hongbin Jeong and Roshan Gidwani have the step-by-step guide to help you craft a vision board that inspires and motivates you. If you manifest it hard enough, your dreams may just become a reality. See omnystudio.com/listener for privacy information.
8/21/2024 • 8 minutes, 14 seconds
R.I.C.H: A beauty entrepreneur’s blueprint of success
Raphael Jiang, CEO and Co-Founder of Elite Beauty Asia, is the founder of Singapore's family care brand, BZU BZU. With extensive experience in global marketing and strategic consulting, he has successfully navigated various industries, including personal care, home appliances, and e-commerce. As a seasoned entrepreneur, Raphael continues to innovate and expand his brand, inspiring the next generation of business leaders. On R.I.C.H., Roshan Gidwani sits down with Raphael Jiang, CEO & Co-Founder, Elite Beauty Asia Pte Ltd, to explore how his success transcends borders and industries, shaping the future of beauty and family care. Presented by: Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]), Nadiah Koh, and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/21/2024 • 11 minutes, 46 seconds
Culture Club: Afro-Asian zero-waste fashion for the culturally curious
OliveAnkara is a Singapore-based fashion label known for its head-turning African fabrics. The slow fashion brands is the brainchild of Ify Ubby, a scientist turn fashion designer. Born in Italy to Nigerian parents, Ify first moved to Singapore to pursue molecular cancer research. These days, she’s a full-time designer with her own showroom – creating Afro-Asian fusion clothes that happen to be waste-neutral. On Culture Club, Roshan Gidwani speaks with Ify Ubby, Founder & Designer, OliveAnkara to find out more. Presented by: Roshan Gidwani Feature produced and edited by: Nadiah Koh and Aaron Lam Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
8/21/2024 • 12 minutes, 50 seconds
What's Trending: This AI-generated cat is having a meowment on the internet
Tearjerker videos of AI-generated cats earned millions of views and a devoted following blurring the line between spam and art. Is it the algorithm, or is this what the internet wants? Also, Taylor Swift has finished the European leg of her Eras Tour with a record-breaking show at Wembley Stadium - overtaking a record for any solo singer, which was set by Michael Jackson with his Bad Tour in 1988.See omnystudio.com/listener for privacy information.
8/21/2024 • 7 minutes, 2 seconds
Spill The Tea: Do Swifties really endorse Trump?
Trump’s been up to no good. What’s he done? He’s posted images of fans wearing t-shirts that read “Swifties for Trump”. Is this accurate? Are the pictures real? Roshan Gidwani and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
8/20/2024 • 5 minutes, 53 seconds
Market View: What to watch at the Jackson Hole Symposium; Harris and Trump on US taxes; Bank of Thailand’s rate trajectory with new PM; Earnings expectations from US retailers Target, TJX and more
Singapore shares started trading in positive territory today, mirroring overnight gains in the global markets. The Straits Times Index (STI) opened 0.1 per cent higher at 3,359.88 points after 46 million securities changed hands in the broader market. In terms of companies to watch, we have Keppel, after the asset manager today inked a memorandum of understanding with the Asian Development Bank and Enterprise Singapore to explore US$800 million worth of energy transition and environmental sustainability opportunities in the Asia-Pacific. Elsewhere, from what to watch at the Jackson Hole Economic Symposium held later this week, to the implications of possible US tax changes to global firms, more corporate and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with James Cheo, Chief Investment Officer, Southeast Asia and India at HSBC Global Private Banking and Wealth.See omnystudio.com/listener for privacy information.
8/20/2024 • 14 minutes, 41 seconds
That's How!: Keep your head up - How to stay positive during a job search
You spend every spare moment sifting through various job descriptions. You've written so many cover letters and courteous follow-up emails that just thinking about writing another one makes you feel queasy. Even though you've managed to secure interviews, you still haven’t been able to land a job. How to stay positive amidst all of this? On this episode, Hongbin Jeong and Roshan Gidwani dive into how you can keep your head up and stay positive no matter how long the job hunt gets. See omnystudio.com/listener for privacy information.
8/20/2024 • 11 minutes, 45 seconds
Culture Club: Should you consider a holistic approach to your pet’s health?
JOOF Holistic Pet is a Singapore-based company that offers alternative, non-medicated solutions for pet health and well-being. The company offers innovative products and services, including DIY diagnostic tools, natural supplements, and skin remedies to support pet wellness. JOOF also provides a comprehensive online repository of resources on holistic pet care, making it easier for pet owners to access knowledge and tools. On Culture Club, Roshan Gidwani speaks to Jackie See, Co-Founder, JOOF Holistic Pet Pte. Ltd., and Judyvein Cheng, Nutritionist & Founder, JOOF Holistic Pet Pte. Ltd., to share more about their holistic and preventive approach to pet health. Presented by: Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]), Nadiah Koh, and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/20/2024 • 14 minutes, 57 seconds
What's Trending: Does switching off from your job boost productivity?
Oprah Winfrey is remembering her peer and friend, longtime TV host Phil Donahue, who died Aug. 18. In an Instagram post, Winfrey shared a black-and-white image of the two, along with a sweet caption about his impact on her and the talk show world. In other news, the UK government has promised to introduce a "right to switch off" so people's homes do not become "24/7 offices". Can this help to boost productivity? See omnystudio.com/listener for privacy information.
8/20/2024 • 6 minutes, 29 seconds
Sports Minutes: Hassan Sunny's international retirement sparks search for his successor for Singapore
Plenty of activity in the sports pages this past weekend, headlined by the international retirement of Singapore goal keeper Hassan Sunny. We hear from the man dubbed Superman as Sports Minutes checks in with Hassan on his decision to call time on his National Team career. And we'll dissect his legacy and the road ahead for the Lions, the Sultan of Selangor Cup & the resumption of the English Premier League - all in the good company of Deepanraj Ganesan. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
8/19/2024 • 25 minutes, 13 seconds
Spill The Tea: They’re rags-to-riches stories?
Yes! They are! It may sound like a dream, but these gamers are raking in the big bucks! Who are they? Roshan Gidwani spills the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
8/19/2024 • 3 minutes, 56 seconds
That's How!: Mastering a new language
Ever wondered what it takes to truly master a new language? On this episode of That's How!, Hongbin Jeong and Roshan Gidwani tackle the question: “How do you successfully learn a new language? See omnystudio.com/listener for privacy information.
8/19/2024 • 7 minutes, 4 seconds
Market View: Ducks in a row or Canary in a coal mine?
Following the comeback last week, the S&P 500 is now starting the week just 2% away from its mid-July record high. Are all the ducks in a row for markets to go higher or was that violent selloff from 2 weeks ago just a canary in the coal mine? Sean Cheong speaks with David Kuo, Co-founder, The Smart Investor, to unpack market sentiment heading into the important Jackson Hole meeting and Nvidia's earnings release that is coming up next week, which would be the first earnings post stock split. They also discuss the upside momentum for Asian Currencies.See omnystudio.com/listener for privacy information.
8/19/2024 • 16 minutes, 3 seconds
What's Trending: A British boy band getting the K-pop treatment?
Thanks to an emerging trend on social media, particularly TikTok, creators are changing the tempo of popular songs by 25-30%, to accompany short viral videos of dances or other themes. Are we forgetting the originals? Also, in a new documentary series 'Made In Korea: The K-Pop Experience', five British hopefuls are put through 100 days of K-Pop training in South Korea. Blaise, Dexter, James, Olly and Reese form the newly created boy band Dear Alice. But will it transform them into megastars like ‘BTS’ and ‘Black Pink’? See omnystudio.com/listener for privacy information.
8/19/2024 • 7 minutes, 53 seconds
Spill The Tea: Katy didn’t do what’s necessary
Why didn’t Katy get the license and permission to shoot her new music video? More importantly…Is the song good? Is it a bop? Roshan Gidwani and Hongbin Jeong spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected] omnystudio.com/listener for privacy information.
8/16/2024 • 4 minutes, 57 seconds
Sports Minutes: Cycle of Peace, Singapore's first-ever charity car park race, aiming to raise funds for terminally ill patients
The Cycle of Peace 2024, Singapore's first-ever charity car park race, aims to raise awareness and funds to support Ambulance Wish Singapore's mission of transforming the end-of-life experience for patients with a limited prognosis by fulfilling their final wish. Spearheaded by Grace Young, a former national bowler and three-time Sportswoman of the Year, chairperson of the organising committee tells us more about this noble initiative. FIND OUT MORE:https://cycleofpeace.ambulancewishsingapore.com/ Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
8/16/2024 • 12 minutes, 46 seconds
That's How!: How to start a franchise
Ever wondered what it takes to own a slice of a major brand without reinventing the wheel? On That's How!, Hongbin Jeong and Roshan Gidwani dive into how you can start a franchise. Whether you’re a seasoned entrepreneur or just starting to think about franchising, this episode will equip you with the knowledge and confidence to make informed decisions and avoid costly mistakes.See omnystudio.com/listener for privacy information.
8/16/2024 • 5 minutes, 44 seconds
Market View: The market rout is over - Are traders now flocking back into risk assets?
Singapore shares soared at the opening bell today, rising 1 per cent, after non-oil domestic exports far exceeded economists’ estimates to climb 15.7 per cent in July. The STI extended those gains, ending the day up 1.12%. The rest of Asia also saw a rally - with almost all major stock benchmarks gaining. So are Asian stocks heading for their best week in a year? Is optimism flowing back to regional markets? What kind of risk assets are investors looking at? On Market View, Hongbin Jeong speaks to Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS to find out more about the latest market movements. See omnystudio.com/listener for privacy information.
8/16/2024 • 12 minutes, 55 seconds
R.I.C.H: The power of 'joy' and leading with heart
What makes a good business leader? Are they known for exceptional decision-making skills or their power to influence others? What about the ability to make others happy, and promote positivity? The word ‘joy’ is not one that you commonly think of when it comes to leadership. This year The Peak Singapore's Power List is honouring business leaders who have contributed to spreading happiness, and uplifting the spirits of those around them. On this month's The Peak special on R.I.C.H, Zat Astha, Editor-in-Chief, The Peak Singapore tell us more about the awardees of this year's list. The list is an annual recognition that celebrates and acknowledges individuals who have demonstrated exceptional leadership, influence, and impact within their respective fields and the broader community. Presented by: Hongbin Jeong Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show?See omnystudio.com/listener for privacy information.
8/16/2024 • 15 minutes, 6 seconds
What's Trending: Would you put up an advertisement of yourself?
On What's Trending, Booking.com has partnered with rapper Ludacris to offer a family-friendly getaway at his 22-acre Atlanta mansion for just $4.04. Starting August 28, 2024, one lucky booker and three guests will have the chance to enjoy a two-night stay at Ludacris' estate, priced to honour his hometown area code. The itinerary includes a meet-and-greet session with Ludacris, paddle boating on the lake, a BBQ dinner, and a private screening of some of his iconic movies. Also, a man in China paid $140 to place a personal advertisement on a billboard at his local subway station in Guangzhou, urging passengers to add him as a contact on social media platform WeChat. The ad went up in May and during its five-day run, about 200 new friends added him on the app. This is part of a wave of people taking out ads on subways in major cities across China, not companies promoting their brands or products.See omnystudio.com/listener for privacy information.
8/16/2024 • 8 minutes, 37 seconds
Culture Club: Is Hong Kong's bar scene the best in Asia?
Hong Kong's bar scene is always evolving, with the city once again in the spotlight as one of the best drinking destinations in the region. Hong Kong’s Bar Leone was crowned Best Bar in Asia at the Asia’s 50 Best bars award this year. It was the first time in 50 Best Bars’ history that a new entrant has clinched the top spot. In this month's The Peak special on Culture Club, Kenneth Goh, Digital Editor, The Peak Singapore tells us about the latest drinking trends in Hong Kong. Presented by: Hongbin Jeong Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show?See omnystudio.com/listener for privacy information.
8/16/2024 • 15 minutes, 1 second
Spill The Tea: Swifties upset about her new figurine
Would you be a fan of the new Taylor Swift Wax figure since it’s not really in the style of Taylor Swift? How so? Roshan Gidwani and Hongbin Jeong spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
8/15/2024 • 4 minutes, 49 seconds
That's How!: Will you BTO with me? Can you even afford to?
BTO flats have gained significant popularity among first-time homebuyers as they provide a practical way to own a home in Singapore. The popularity has even led to the phrase “Will you BTO with me?” becoming a common way of proposing marriage among the younger generation. However, purchasing a house remains a significant expense, especially considering the continuously rising property prices and cost of living in Singapore. Perhaps young couples consider changing their proposal from “Will you BTO with me?” to “Can you afford to BTO with me?” But how can you be ready to pop the question? How can you afford to BTO with your significant other? On That's How, Hongbin Jeong and Roshan Gidwani speak to Winshern Ho, Wealth Manager, Phillip Securities, a member of PhillipCapital, to find out more. See omnystudio.com/listener for privacy information.
8/15/2024 • 23 minutes, 33 seconds
Market View: Can we see some S-REITs spring a rally in the near future?
The Straits Times Index rose this morning, after US and Europe indices finished in positive territory overnight, opening in the green at 0.3 percent higher. To close the day, the STI closed up 0.9% Meanwhile, markets in the region today saw a positive rally after the economic data out from the US boosted sentiment.The largely anticipated US inflation data, which showed year-on-year core consumer prices in July rose at the slowest pace since 2021. Does this now confirm a September rate cut? What does this mean for our S-REITs? To find out more, on Market View, Hongbin Jeong speaks to Dan Chang, Trading Rep at Phillip Securities.See omnystudio.com/listener for privacy information.
8/15/2024 • 18 minutes, 28 seconds
Culture Club: Healthier options at Harry's Singapore
Harry’s, a renowned name in the local bar scene, is marking a new era with a revamp and elevation of its menu offerings. And in a bid to stay ahead of the curve and cater to the evolving preferences of today’s consumers, Harry’s is introducing a variety of new food and drink options that embraces Singapore's evolving trend towards healthier living. This new menu not only caters to diverse preferences but also underscores Harry’s commitment to inclusivity. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Hannah Teo, Head of Marketing, Harry’s International Pte Ltd., to share more about its latest revamp. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/15/2024 • 10 minutes, 16 seconds
What's Trending: What vegetable are you?
On What's Trending, Chinese car maker Zeekr claims to have created the world's fastest-charging EV battery, surpassing rivals like Tesla. The upgraded batteries can charge from 10% to 80% capacity in 10 and a half minutes using ultra-fast charging stations. The battery performs well even in cold weather, charging from 10% to 80% of its capacity in less than half an hour at temperatures as low as -10C. Also, Veggie ID is an online quiz that categorises users into quirky vegetable personalities based on their choices in an interactive story set in VeggieVille, a world of sentient vegetables. Since its launch on July 22, Veggie ID has attracted over two million users, with one in five completed in Singapore. The quiz's 12 food-themed personality types were created using cartoon graphics and mobile phone apps.See omnystudio.com/listener for privacy information.
8/15/2024 • 12 minutes, 42 seconds
Spill The Tea: An unexpected end to an upcoming movie
"It Ends with Us," a film adaptation of Colleen Hoover's bestseller, is set to open in Singapore on September 5. However, rumors have been circulating about the cast, with rumors surrounding on-set drama for Blake Lively and Justin Baldoni. The movie's promotional tour has sparked rumours about the cast's relationship, with fans speculating that Hoover and Lively unfollowed Baldoni on Instagram. Is this the ending fans have hoped for? Hongbin Jeong spills the tea.See omnystudio.com/listener for privacy information.
8/14/2024 • 4 minutes, 46 seconds
Sports Minutes: Netball Singapore undergoes rebranding ahead of Mirxes Nations Cup title defence on home soil
A new beginning beckons for Netball Singapore as they announced the rebranding of its national team to the Singapore Vandas. Ms Jane Ittogi, Singapore's first lady and the wife of President Tharman, was also announced as a patron. So will the new name provide new vigour, as the Vandas prepare to defend their Mirxes Nations Cup title on home soil from 1-7 September? Team co-captains Khor Ting Fang and Toh Kai Wei join Sports Minutes to tell us more! Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
8/14/2024 • 14 minutes, 46 seconds
Culture Club: The ultimate coastal getaway just 90 minutes from Singapore
We Singaporeans love crossing the Causeway for our weekend Johor Bahru trips. But, there’s now another reason to make the journey across the border. If you’re on the lookout for a getaway unlike the norm, it’s time to set your sights on Ombak Festival 2024 at Desaru Coast. The vibrant and groovy family-friendly festival celebrates the coastal lifestyle with a rich blend of art, food, music, and fun activities from September 13 to 15, 2024. Expect an iconic lineup of both local and international artists including performances by 27 iconic global and local artists such as six-time, Grammy-winner Nile Rodgers & CHIC, British DJ Quantic, Swedish Band The Cardigans, pop princess Grace Jones, Macy Gray, rapper Joe Flizzow, to name a few. On Culture Club, Hongbin Jeong speaks with Karina Ridzuan, Director of Ombak Festival to find out more. Presented by: Hongbin Jeong Feature produced and edited by: Nadiah Koh and Alexandra Parada Do you have a story to tell on The Evening Runway show?See omnystudio.com/listener for privacy information.
8/14/2024 • 14 minutes, 35 seconds
Market View: US PPI a pleasant surprise - Will the US CPI give the same?
Singapore shares opened higher this morning, after US and Europe indices rallied overnight. And it continued the rally throughout the day, with the STI closing 0.85% higher. Meanwhile, stocks in Asia gained as markets did get a piece of good news on Tuesday when the producer price index report showed cooler inflation than expected. The consumer price index report on Wednesday could similarly fuel trading moves in the upcoming session. So what can we expect from the CPI? On Market View, Hongbin Jeong speaks to Too Jun Cheong, Assistant Dealing Manager, Moomoo Singapore, to find out more about the incoming data. They also discuss how Japanese markets reacted to Prime Minister Fumio Kishida’s decision not to run for a second term, and whether the worst is over for NVIDIA after its surge in the past four sessions.See omnystudio.com/listener for privacy information.
8/14/2024 • 15 minutes, 13 seconds
R.I.C.H: Two sisters sharing one dream
Sister duo Grace and Lena started a mythical candle and skincare brand Emporal Co to empower self-care and wellness at home. The business, which started in the thick of the pandemic, now generates 6-figure sales, fuelled by their strong 100K+ following on TikTok, where they document their daily routines as small business owners, packing orders, and fun behind-the-scenes moments to engage with new and loyal customers. On R.I.C.H., Hongbin Jeong speaks to Grace Lim, Co-Founder, and Lena Lim, Co-Founder, Emporal Co., to share more about their story. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/14/2024 • 17 minutes, 14 seconds
That's How!: Vulnerability unplugged - How to rock your authentic self at work
Many workplaces are now championing the idea of vulnerability among their employees. As part of 'bringing your authentic self to work,' vulnerability can help build connections and enhance team cohesion. But what exactly does vulnerability at work entail? And how can you ensure that everyone feels at ease with this approach? On That's How, Hongbin Jeong and Roshan Gidwani discuss how you can be vulnerable at work. See omnystudio.com/listener for privacy information.
8/14/2024 • 9 minutes, 31 seconds
What's Trending: Olympics putting a break on this one sport
On What's Trending, breakdancing, or breaking, made a viral debut during the 2024 Paris Olympics, with an Australian breaker named "Raygun" scoring zero points in her breaking battles. Despite her lack of points, her performance gained instant meme status. Breaking was added to the Olympics in December 2020 to attract younger viewers and excitement. However, it didn't have the staying power initially hoped for because breakdancing was sadly removed from the line-up for the Olympics in 2028. Also, Coca-Cola and Oreo have partnered to create two limited-edition products: Oreo Coca-Cola Sandwich Cookies and Coca-Cola Oreo Zero Sugar Limited Edition soda. The "Besties" partnership combines their best traits, with Coca-Cola featuring flavorful hints inspired by Oreo cookies. The Oreo Coca-Cola Sandwich Cookie features two base cookies with classic chocolate and red-colored Golden Oreo cookies embossed with Coca-Cola designs.See omnystudio.com/listener for privacy information.
8/14/2024 • 4 minutes, 42 seconds
Culture Club: A luxe 8-course private dining in a HDB?
Do you want to experience an intimate 8-course private dining experience right in a HDB flat? Fragment is a new intimate private dining experience tucked in a HDB home in Clementi serving up reimagined local flavours with premium ingredients like caviar, uni and quail. Chef Pristina Mok started her culinary journey at the age of 19 and honed her skills in Michelin-starred restaurants in Singapore before she decided to start her own private dining experience in her own Clementi home. Her hostess? Her pet dog Pebble, who is the epitome of hospitality! On Culture Club, Hongbin Jeong speaks with Pristina Mok, Chef Owner of private dining space, Fragment Dining to find out more. Presented by: Hongbin Jeong Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
8/14/2024 • 14 minutes, 21 seconds
Spill The Tea: Is Suga's drunk driving incident covering up something bigger?
Suga, a member of BTS, was recently apprehended by Seoul’s Yongsan Police Station following an alleged drunk driving incident. The rapper was reportedly found lying on the ground in the Hannam neighbourhood on August 6th, with a staggering blood alcohol content of 0.227% which was well above the legal limit. In response, Suga admitted to drinking before his ride but insisted he didn’t realise he was breaking the law. The incident has sparked a flurry of reactions, with some calling for his removal from BTS and others questioning the timing and intensity of the media coverage. Is it possible that the latest drama is less about Suga’s actions and more about what might be lurking behind the scenes? Hongbin Jeong spills the tea.See omnystudio.com/listener for privacy information.
8/13/2024 • 5 minutes, 44 seconds
That's How!: Find your dream job with the enneagram
Ever feel like your career path is a maze with no exit in sight? Fear not! In this episode of That's How!, Hongbin Jeong and Roshan Gidwani are diving into the fascinating world of the Enneagram and discovering how this ancient personality tool can be your ultimate career guide. They unravel the mysteries of the nine Enneagram types and explore how understanding your core motivations and strengths can lead you to a job that not only fits you like a glove but also makes you leap out of bed in the morning with excitement! See omnystudio.com/listener for privacy information.
8/13/2024 • 11 minutes, 30 seconds
Market View: Are investors buying Japanese stocks amid cheaper valuations?
Singapore shares opened in the positive territory this morning after news that the city state’s Q2 gross domestic product growth came in at 2.9 per cent. To end the day, the STI extended positive mood, closing in 0.7% higher. So what can we make of the Q2 GDP data? What does that tell us about Singapore's economy? Meanwhile, in Asia, stocks recouped their losses from last week’s rout, bolstered by an advance in Japanese shares. Does this mean Asian stocks have fully recovered and we won’t see another rout anytime soon? And with Japan leading the gains, is that because investors are buying stocks amid cheaper valuations? What are risks investors should consider? On Market View, Hongbin Jeong gets a deeper analysis of the market movements from Khoon Goh, Head of Asia Research, ANZ. See omnystudio.com/listener for privacy information.
8/13/2024 • 12 minutes, 51 seconds
R.I.C.H: "I fell in love with TED talks" - The community builder inspiring good
Praised as a schoolgirl for keeping quiet in class, Vivian Lim now uses her voice for positive change.The TEDxSingapore license holder and founder of The Idea Co believes that dialogue is needed to push the needle forward in building a more equitable society. That pushed Vivian to carve out a career in uncovering hidden stories and bridging cultural and gender differences by building communities to inspire social good. On R.I.C.H, Hongbin Jeong and Roshan Gidwani speak with Vivian Lim, Curator, TEDx Singapore and Founder, The Idea Co about empowering women and enriching communities. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh and Aaron Lam Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
8/13/2024 • 16 minutes, 47 seconds
What's Trending: Guess who's back with the bronze?
On What's Trending, Maximilian Maeder, the youngest Olympic medallist from Singapore, returned home after a 13-hour flight from Paris. On August 9, Maeder, the youngest of six Singaporean Olympic medallists, came in third place in the men's kite competition. And coincidentally on the same day that Singapore celebrated its 59th year of independence, he received his bronze medal. Upon reaching the arrival hall, the crowd erupted in cheers saying, "Welcome Home!" Also, TikTok has sparked a new trend with the cheese and pickle sandwich, known as a pickle in a blanket. The idea was first shared by TikTok user Claire, who shared a video of her guilty pleasure snack. The video, which has been viewed 13 million times, shows Claire melting cheese on a pan, placing a full pickle on it, and wrapping the sides of the cheese onto the pickle like a blanket. Are you willing to give this new trend a try?See omnystudio.com/listener for privacy information.
8/13/2024 • 4 minutes, 34 seconds
Spill The Tea: An Olympic nightmare - why was this athlete stripped of her bronze medal?
US gymnast Jordan Chiles has been stripped of her Olympic gold medal after a review board challenged her score during the women's floor exercise. Chiles was initially given a score of 13.666, which put her at 5th, not making the podium. The Romanian Olympic Committee appealed to the review board, arguing that the inquiry was "untimely" and moved Chile's score back to fifth place. On Spill the Tea, Hongbin Jeong asks, "Who is the real winner here?"See omnystudio.com/listener for privacy information.
8/12/2024 • 3 minutes, 30 seconds
Sports Minutes: Magic Marko sparks Hougang's resurgence
Having started the season with just 2 points from their opening six games, Hougang United were under scrutiny for floundering under Marko Kraljević. But after a run of 1 loss in 6 games, and 3 wins in their last 4 - the Cheetahs are suddenly on the prowl - climbing to 5th in the Singapore Premier League standings. What has contributed to their reverse in fortunes? Deepanraj Ganesan weighs in on Sports Minutes! Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
8/12/2024 • 20 minutes, 54 seconds
R.I.C.H: A genius troublemaker's secret to success
Dhawal Shah was the kid who could give kiasu parents a run for their money. At the age when most kids were playing Tamagotchi, Dhawal was busy coding his unique versions of the game. And in the three decades between secondary school and starting his own business, he added numerous feathers to his hat — being an engineer, marketer, and founder. Today, along with his childhood friend, he holds the reins of 2Stallions, a leading digital marketing agency, as the Regional Managing Director. On R.I.C.H., Hongbin Jeong speaks to Dhawal Shah, Regional Managing Director & Co-founder, 2Stallions, to share more. Presented by: Hongbin Jeong Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/12/2024 • 13 minutes, 37 seconds
Culture Club: Newest cocktail bar takes flight at the heart of Orchard
Dragonfly is the newest jewel in Orchard Road’s vibrant cocktail scene. Nestled within the chic Vibe Hotel Singapore Orchard, this illustrious art-nouveau bar marries sophisticated design with a groundbreaking cause-effect menu. Its stunning aesthetics was inspired by the late 1800s art movement, featuring a breathtaking stained-glass dragonfly centerpiece and exquisite hand-blown lamps. On Culture Club, Hongbin Jeong speaks to Morgan Raelin, Bar Manager, Dragonfly, to find out more about this new cocktail haven. Presented by: Hongbin Jeong Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/12/2024 • 13 minutes, 47 seconds
That's How!: How to invest in crypto (safely!)
Ready to turn your spare change into digital dough? Cryptocurrencies have taken the financial world by storm, but how exactly do you invest in these digital assets? On That's How, Hongbin Jeong and Roshan Gidwani dive into the wild and wacky world of cryptocurrency investing.See omnystudio.com/listener for privacy information.
8/12/2024 • 9 minutes, 16 seconds
Market View: Can the STI recover or is the worst yet to come?
Singapore stocks started trading in the negative territory this morning, and extended the losses to close the day, down 0.8%. This comes despite Wall Street regaining almost all of its losses from the steep dive on Aug 5. So what's driving the STI lower? Will there be a prolonged weakness? Meanwhile, July’s US CPI data on Wednesday is the highlight of the week, considering what had transpired over the last two weeks. What can we expect and will this be the ammunition the US Fed needs to begin cutting interest rates at its next meeting in September? On Market View, Hongbin Jeong speaks to David Kuo, Co-founder, The Smart Investor, to find out more. See omnystudio.com/listener for privacy information.
8/12/2024 • 17 minutes, 14 seconds
What's Trending: The new superhero protecting our little red dot
On What's Trending, Marvel has unveiled a new superhero, Jitter, a Singaporean teen named Sofia Yong, on Singapore's National Day. Jitter, who has the ability to hyper-focus and never slow down, is part of the Uncanny X-Men series. She can attain a skill set but not powers for up to a minute before she "crashes." Disney has announced a US$60 billion investment in theme parks and cruises over the next decade, including the biggest expansion to Magic Kingdom, a new nighttime parade called Disney Starlight, a new "Monstropolis" land at Walt Disney World Resort in Florida, and the Tropical Americas area at Animal Kingdom park. The expansion will include the first ride based on the film "Encanto" and take place inside the magical "Casita" where the movie's Madrigal family lives.See omnystudio.com/listener for privacy information.
8/12/2024 • 7 minutes, 50 seconds
Spill The Tea: Is it true that it never rains on National Day?
If you do a quick google search, you’ll find some articles saying “It never rains on National Day”. In fact, there are some rumors that the authorities in Singapore have done cloud seeding to ensure that there won’t be any rain on every 9th of August. But is this actually true? Hongbin Jeong spills the tea. Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
8/8/2024 • 4 minutes, 8 seconds
That's How!: Time to switch off & stop being a workaholic
Are you burning the candle at both ends? Feeling like your to-do list is running your life? It’s time to hit the brakes and reclaim your sanity! On That's How!, Hongbin Jeong and Roshan Gidwani dive into the art of stopping the workaholic madness and finding that elusive work-life balance. They unravel the secrets behind why we’re addicted to the grind, explore practical strategies to break free from the workaholic cycle, and uncover the joys of saying "no" without guilt.See omnystudio.com/listener for privacy information.
8/8/2024 • 8 minutes, 10 seconds
Under the Radar: How did Singapore’s oldest Hainanese coffee shop brand thrive while retaining a slice of Singapore’s past over the years? GM of Killiney International spills the coffee.
With Singapore’s 59th birthday right around the corner, we want to bring you a National Day special of “Under the Radar” where we speak to a homegrown heritage brand that you’ll come into contact with on a day-to-day basis. Make a guess – this company is also said to be the oldest Hainanese coffee shop brand in Singapore. Established in late 1919 along the busy streets of Killiney Road, our guest for today is none other than – well — F&B operator Killiney! But there’s a story behind how Killiney Kopitiam came about. The coffee shop was founded as Kheng Hoe Heng Coffeeshop back in the day, serving well-brewed coffee and tea and charcoal-grilled bread toast. The traditional breakfast fare stole the heart of one regular customer called Mr Woon, who loved it so much that he finally bought the shop in 1993, renovated it, and called it ‘Killiney Kopitiam’. But despite major renovations, the new owner believed in upholding the legacy of the previous owner, as well as the traditional working style and influence of the coffee shop. The focus remains on making good kaya, bread toast, coffee and tea, even as the brand scales and modernises. Today, the Killiney Group has grown to a presence of about 50 outlets worldwide, and even moved into the FMCG merchandise business selling ready-to-cook food paste and instant beverages under the same heritage brand. Now, we’re talking to Killiney Kopitiam not only because the old-school coffee shops are not only one close to our hearts, but also because the trade is also fading away from modern Singapore. According to a Business Insider article in January this year citing Singapore’s Housing Development Board, only 776 coffee shops remain, down from the over 2,000 traditional coffee shops back in the 1950s. So what was Killiney Kopitiam’s recipe to thrive over the years, all while retaining a slice of Singapore’s past? Meanwhile, what is the company doing to bring a slice of Singapore abroad to other international markets such as the US? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Henry Oh, General Manager, Killiney International.See omnystudio.com/listener for privacy information.
8/8/2024 • 38 minutes, 45 seconds
R.I.C.H: How this former delinquent turned his life around
Delonix Tan Wei Jie is a 26-year-old entrepreneur and former delinquent who turned his life around by embracing family values and entrepreneurship. Once entangled in gang activities and academic struggles, Delonix transformed himself through self-help, education, and the unwavering support of his family. He now revitalizes his family's fishball business by leveraging digital platforms and social media, showcasing the daily hustle and charm of their operations. On this year’s NDP Special on R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Delonix Tan, Third Generation Fishball Maker, SanDai Fishball, to share more about his story and what prompted him to turn his life around. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Nadiah Koh Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/8/2024 • 12 minutes, 28 seconds
Culture Club: Viral sensation ‘The Pantry Boy’ & Entrepôt celebrates National Day
In celebration of Singapore’s National Day, The Robertson House’s Anglo-Asian restaurant, Entrepôt, is proud to join hands with The Pantry Boy for a limited time ‘Onward Singapore’ menu in two unique renditions. Experience a curated 4-course menu available to diners from 5th to 18th August 2024. On this year’s NDP Special on Culture Club, Hongbin Jeong and Roshan Gidwani speak with Daren Teo of The Pantry Boy, and Chef Nixon Low of Entrepôt by The Robertson House about their collaboration. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
8/8/2024 • 17 minutes, 54 seconds
What's Trending: Where to watch Singapore National Day fireworks 2024
If you failed to secure National Day Parade tickets this year, here's a list of where to go for stellar views of the NDP 202,4 from central spots to the heartlands. And if you're looking to celebrate National Day with a special meal, Singapore's top chefs have got an array of treats with a unique Singaporean twist. See omnystudio.com/listener for privacy information.
8/8/2024 • 8 minutes, 25 seconds
Market View: DBS Q2 net profit up 6% yoy; Venture Corp’s net profit down 11.7% yoy; Outlook for Europe-focused S-REITS; Chinese exports climb 7% yoy in July; BoJ on market volatility, implications on Yen; US earnings – lookahead to Walt Disney’s report; Breakdown of Airbnb, Novo Nordisk’s earnings
Singapore shares started trading in the positive territory today, tracking overnight gains in global markets. The Straits Times Index (STI) opened 1 per cent higher at 3,229.73 points after 21 million securities changed hands in the broader market. In terms of companies to watch, we have DBS, after the firm said today that its net profit for its second quarter rose amid a broad-based growth in total income. Elsewhere, from a deep dive into the S-REIT sector, to China’s latest export growth and the Bank of Japan softening its interest rate stance amid a global market rout – more corporate and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Analyst, OANDA.See omnystudio.com/listener for privacy information.
8/7/2024 • 15 minutes, 27 seconds
Sports Minutes: Nur Muhammad Asis, the FIRST Singaporean to join a Portuguese top-flight club
Nur Muhammad Asis became a history maker when he signed a one-year loan deal to join Portugal's Estrela da Amadora. The deal made Asis the FIRST Singaporean to sign a professional contract with a top-flight club in Portugal. Long touted as a prodigious talent, how did the 20-year secured his "dream move" to Europe? And how is he coming to terms with his adventure? Asis joins Sports Minutes from Portugal to tell us! READ MORE:https://www.straitstimes.com/sport/football/nur-muhammad-asis-becomes-first-singaporean-to-join-a-portuguese-top-flight-football-club Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
8/7/2024 • 16 minutes, 58 seconds
Spill The Tea: Is MrBeast's nice guy empire crumbling?
Jimmy Donaldson, the YouTube star better known as MrBeast, has been thrust in the middle of allegations about his new Amazon Prime show, his past comments and his former collaborator. Is MrBeast's nice guy empire starting to show cracks? Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
8/7/2024 • 6 minutes, 30 seconds
That's How!: From Couch to CEO - How to start your home-based business
Ever dreamt of ditching the 9-to-5 grind for the freedom of working from your cozy living room? On this episode of That's How!, Hongbin Jeong and Roshan Gidwani break down the essentials of starting your own business right from the comfort of your home. Whether you’re dreaming of launching a side hustle, becoming a full-time freelancer, or just curious about what it takes to be your own boss, discover practical tips for setting up a productive workspace, and explore how to juggle work-life balance without letting your new business take over your entire home.See omnystudio.com/listener for privacy information.
8/7/2024 • 8 minutes, 38 seconds
R.I.C.H: Cashing in on casks? What to know about investing in liquid gold
Are you looking to dabble in whisky investments? There is one player on the investment scene that’s increasingly catching the eye of both investors and whisky enthusiasts: whisky casks. But is it worth buying a cask of whisky? And how can you navigate the liquid gold market effectively? On R.I.C.H, Hongbin Jeong speaks with Alexander Knight, CEO, Whisky Cask Club. Presented by: Hongbin Jeong Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
8/7/2024 • 17 minutes, 27 seconds
Culture Club: From Seoul to Singapore, celebrating our fashion identity
#SGFASHIONNOW returns with its final and largest edition at the Asian Civilisations Museum (ACM) on 27 June 2024. Co-curated with students from the School of Fashion at LASALLE College of the Arts, the series returns to Singapore after premiering in South Korea. The ACM also debuts #SGJEWELLERYNOW, its first showcase of contemporary Singapore jewellery. Staged as an intervention in the museum’s Jewellery Gallery, this unique display highlights works by three prominent Singaporean jewellery designers and houses. On Culture Club, Hongbin Jeong speaks with Weiqi Yap, Assistant Curator (Fashion & Textiles), Asian Civilisations Museum, and Anseina Eliza, Co-Founder, Ans.Ein to find out more. Presented by: Hongbin Jeong Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
8/7/2024 • 14 minutes, 5 seconds
What's Trending: Would you buy designer pooch perfume for your dog?
Italian luxury brand Dolce & Gabbana has unveiled a new perfume – specifically for dogs. It's believed that this is the first time a global fashion house has released a perfume specifically targeted at dogs. Would you get a luxury brand perfume for your dog? Also, there’s now another lawsuit against Open AI on the horizon, this time from a Youtube creator. The Youtuber alleged that the company trained its generative AI models on millions of transcripts from YouTube videos without notifying or compensating the videos' owners.See omnystudio.com/listener for privacy information.
8/7/2024 • 5 minutes, 34 seconds
Spill The Tea: What’s brewing for Tom Cruise?
Is Tom Cruise in love with the singer who is slowly becoming very famous? What’s her hit song sound like? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
8/6/2024 • 4 minutes, 21 seconds
Under the Radar: From gas cylinders to EV charging – Union Gas Holdings on diversifying service offerings as customers tap the electrification trend
Remember the days when the gas delivery man would come to our homes to switch out our gas tanks or gas cylinders? That’s probably becoming a thing of the past, making today’s “Under The Radar” conversation all the more meaningful. With over 40 years of operating track record, our guest Union Gas Holdings is an established provider of fuel products in Singapore. The company's key businesses consist of Retail Liquefied Petroleum Gas, Compressed Natural Gas and Diesel. The SGX mainboard listed company is also said to be one of the leading suppliers of liquefied petroleum gas in Singapore. It has a fleet of over 200 vehicles serving more than 200,000 domestic households as well as commercial entities such as hawker centres, eating houses, coffee shops and commercial central kitchen. Assets-wise, the Group owns LPG storage depots as well as two out of four bottling LPG bottling plants in the island, giving it full control of the supply chain from procurement to bottling, storage, distribution, wholesaling and retailing. Union Gas is an interesting company to look at particularly as households and F&B operators increasingly hop onto the green bandwagon, opting for electric stoves versus using gas stoves. What does this mean for the firm when it boils down to demand for gas cylinders and cooking gas, and how is it switching up its portfolio offerings to prepare for a cleaner future? Speaking of which, Union Gas Holdings had in April this year expanded its offerings to provide electric vehicle charging services through a partnership with Hong Kong-based charging service provider Deltrix. But what can we expect on this front? Also – how will moving away from traditional fuel sources also help the firm mitigate volatilities with oil and gas prices given ongoing geopolitical tensions in key supply markets? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Alexis Teo, General Manager, Union Gas.See omnystudio.com/listener for privacy information.
8/6/2024 • 23 minutes, 54 seconds
That's How!: Feeling stuck at your job? Here's how to get unstuck
Feeling like you're trudging through the daily grind without a light at the end of the tunnel? On That's How, Hongbin Jeong and Roshan Gidwani dive into how to escape that job rut and rediscover your passion! Whether you’re dreaming of a career change or just looking to reignite the flame in your current role, this episode will give you the boost you need to get unstuck and thrive. See omnystudio.com/listener for privacy information.
8/6/2024 • 11 minutes, 29 seconds
Market View: Markets movements post global rout; Nikkei 225 up 10.24%; SGX movements; Sembcorp Industries earnings down 11% drop in net profit; Outlook for pure-play US office REITS in SG; BOJ’s monetary tightening draws criticism; Nvidia hits engineering snags; Co-founder of OpenAI leaves for rival Anthropic
Singapore equities began trading in positive territory today, following a global market rout with all three major Wall Street indices spending the entire day in the red. In early trade, the Straits Times Index (STI) rose 0.8 per cent to 3,268.46 points, after 63.4 million securities changed hands in the broader market.In terms of companies to watch, we have Sembcorp Industries after the energy company today posted an 11 per cent fall in net profit to S$540 million for the first half ended June, from S$608 million in the previous corresponding period. Elsewhere, from how regional markets are performing a day after a sell-off triggered by the latest US nonfarm payrolls miss, to Open AI’s co-founder John Schulman leaving the firm for Anthropic – more international and corporate headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund.See omnystudio.com/listener for privacy information.
8/6/2024 • 13 minutes, 21 seconds
R.I.C.H: How does one collect smiles?
Roberto Corona, also known as "The Smile Collector," is a beacon of hope and positivity hailing from the remote lands of northern Chile. As the director of the ROBI Foundation and the founder of the international project Collecting Smiles, Roberto travels the globe capturing the essence of human connection through his photography. Driven by personal tragedy and a deep sense of purpose, Roberto's mission is to inspire the world to believe in the beauty of their dreams and the power of a simple smile.On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Roberto Corona, Director, Robi Foundation, and Founder of Collecting Smiles Project, to find out what is the purpose of him collecting smiles and what it means to him. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Nadiah Koh Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/6/2024 • 13 minutes, 34 seconds
Culture Club: Singapore’s first electric motorcycle company
Founded in 2017 by an automotive veteran, Scorpio Electric is Singapore's first electric motorcycle company, dedicated to transforming urban transportation. Their flagship model, the X1, launched globally in November 2023 in collaboration with Chinese EV giant BYD, exemplifies their commitment to innovation and eco-friendly mobility. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Joshua Goh, CEO, Scorpio Electric, to find out how they are revolutionising urban commuting with stylish, intelligent, and powerful electric motorcycles. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Nadiah Koh Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/6/2024 • 14 minutes, 18 seconds
What's Trending: A hotel room with a stunning view? Here's the catch
Influencer Sonja Dennig thought the hotel room she booked for her holiday came with a stunning beach view. But, she was in for a nasty surprise when she got to her accommodation. Also, A TikToker claims that he is “99% sure” he went on a date with Republican vice presidential hopeful Sen. JD Vance. Not only that, but he remembers him as giving off “serial killer vibes.” See omnystudio.com/listener for privacy information.
8/6/2024 • 8 minutes, 6 seconds
Spill The Tea: Why was Zac Efron hospitalised?
Zac Efron, famous Hollywood star, breaks his silence after he was found lying in a pool and had to be pulled out of the water. What went down? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
8/5/2024 • 3 minutes, 52 seconds
Sports Minutes: A two-horse race emerges in the Singapore Premier League
1 place and 1 point, that is all that separates the top two in the Singapore Premier League - with Tampines Rovers and the Lion City Sailors going toe to toe in their quest to be crowned champions. With Geylang suffering their FIRST loss of the season, is a two-horse race emerging? And which way will the pendulum swing? Deepanraj Ganesan is on the Sports Minutes hot seat to cast his expert gaze! Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
8/5/2024 • 23 minutes, 17 seconds
R.I.C.H: How one man revived the kampung spirit
Nigel Teo is a passionate community advocate and the founder of GoodHood, a platform dedicated to fostering neighbourliness and community support. Beginning in 2020 with a simple website sharing positive stories and messages of gratitude for frontline healthcare workers, Nigel’s initiative has grown significantly. His efforts have led to the distribution of thousands of donated surgical masks and hand sanitizers, and his platform has facilitated over $3 million worth of items for marginalised families. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Nigel Teo, Founder, GoodHood, to find out how his drive to keep the kampung spirit alive. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Nadiah Koh Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
Fukusa: Japanese Gift Covers from the Chris Hall Collection celebrates a major gift of Japanese art from the renowned collector Chris Hall. With over 80 fukusa on display, the exhibition at the Asian Civilisations Museum explores trade and exchange between Japan, China, and beyond, and the art of gifting across cultures. The exhibition also features interactive touchpoints, including a digital interactive where visitors can customise their own fukusa and an exploration zone for tactile experiences. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Louise Lui, Assistant Curator, Chinese Art, Asian Civilisations Museum, to share more details about the exhibition. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Nadiah Koh Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/5/2024 • 14 minutes, 17 seconds
Market View: Stocks deep in the red after nonfarm payrolls miss and amid woes of US recession; Q2 Earnings from Berkshire Hathaway; Earning lookahead for Walt Disney, Sony, SoftBank, Novo Nordisk; Frasers Property, SGX and more
Singapore equities began trading in negative territory today, after Wall Street stocks tumbled last Friday following the release of poor jobs data in the US. In early trade, the Straits Times Index (STI) edged down 2.5 per cent to 3,295.88 points after about 56 million securities changed hands in the broader market. In terms of companies to watch, we have NetLink NBN Trust, after the fibre-optic owner posted a 9.1 per cent year-on-year decline in its profit after tax to S$25.7 million for the first quarter ended June. Elsewhere, from more on the US nonfarm payrolls numbers and bond traders piling on bets that the Federal Reserve would launch into rescue mode – more international headlines are in focus. Also on deck – more on Singapore’s retail sales numbers, as well as a lookahead to earnings from big names such as Novo Nordisk, DBS and SGX. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
8/5/2024 • 16 minutes, 54 seconds
That's How!: From Zero to Saas Hero - Building your dream software company
On That's How, Hongbin Jeong and Roshan Gidwani dive headfirst into the world of SaaS (Software as a Service) and revealing the ultimate playbook for building a successful SaaS company from the ground up. Whether you’re a budding entrepreneur with a revolutionary idea or a seasoned pro looking to level up, discover insider tips on avoiding the common pitfalls, navigating the murky waters of funding, and how to leverage data to drive growth.See omnystudio.com/listener for privacy information.
8/5/2024 • 6 minutes, 54 seconds
What's Trending: ‘Main character’ energy. These Olympic shooters go viral
Olympic sharpshooting has caught the internet’s attention this week, from Yusuf Dikec, the Turkish shooter-turned-normcore-king who showed up to the games in a plain tee and his regular glasses to South Korea’s Kim Yeji, the record-breaking ‘main character’ who recently took home a silver medal in the 10-metre air pistol event.Elsewhere, Germany's doctors can now prescribe four-week spa breaks by the sea or in the mountain to frazzled parents. Germany has a long history of what is called “Kur,” literally translated as cure, which often consists of lengthy breaks aimed at curing various ailments.See omnystudio.com/listener for privacy information.
8/5/2024 • 9 minutes, 18 seconds
Spill The Tea: Former presenter Don Lemon sues
Was Elon Musk right for not paying former CNN presenter Don Lemon for his work? Don Lemon had a new show with X, formerly known as Twitter and he interviewed Musk. The show was cancelled and Don wants his dues… Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
8/2/2024 • 5 minutes, 25 seconds
Sports Minutes: Syazwan Buhari on Tampines Rovers’ unbeaten start to the season, his form and National Team ambitions
10 matches into the Singapore Premier League season, the contenders are emerging from the pretenders in the quest to be crowned champions. And leading the chasing pack is a Tampines Rovers team that remain unbeaten, and are seemingly growing from strength to strength. So could the stags finally end an 11-year wait for the league title? Syazwan Buhari, goalkeeper and club captain, is certainly bullish - as he spoke to Sports Minutes about the club's ambitions as well as his own! Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
8/2/2024 • 19 minutes, 58 seconds
Market View: Intel to cut over 5% of workforce; US tech earnings, Apple beats forecast; Disappointing US data, lookahead to nonfarm payrolls release; OCBC Q2 net profit up 14%; Seatrium marks turnaround with net profit of S$36 million for 1H
Singapore stocks started trading in negative territory today, tracking losses in the global market overnight. The Straits Times Index (STI) opened 1 per cent lower at 3,387.11 points after 59.8 million securities changed hands in the broader market. In terms of companies to watch today, we have OCBC after the bank’s net profit for the second quarter ended June rose 14 per cent to S$1.94 billion, up from S$1.71 billion in the previous corresponding period. Meanwhile, from disappointing data on the US economy to Apple’s latest earnings, and news of Intel cutting over 15 percent of its workforce, more corporate and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
8/2/2024 • 16 minutes, 19 seconds
That's How!: How to recharge based on your personality
Ever wonder why some recharging methods seem to work like magic for some people but leave others feeling flat? On this episode of That's How, Hongbin Jeong and Roshan Gidwani dive deep into the art and science of recharging based on YOUR unique personality! Join the hosts as they explore how different personality types can supercharge their energy levels in ways that are perfectly suited to them. Whether you're an outgoing extrovert who thrives on social interaction or a reflective introvert who needs quiet time to recharge, they've got you covered!See omnystudio.com/listener for privacy information.
8/2/2024 • 6 minutes, 44 seconds
Under the Radar: Overcoming language barriers with AI - German translation startup DeepL on future growth, backing by Mark Zuckerberg’s Family Office fund and expansion in Asia
Using artificial intelligence to overcome language barriers through human-like machine translation. That is what we are going to talk about today. Founded in 2017, our guest DeepL is a global communications startup powered by Language AI. Language AI, for context, is a field of artificial intelligence that looks at getting computers to understand and communicate in the human language. Now, back to DeepL, the German company works on human sounding translations and intelligent writing suggestions for enterprises across 32 global languages, and is said to be able to translate with pinpoint accuracy, accounting for industry-specific terminology and situational context. Since its founding, DeepL has enabled over 100,000 businesses to transform communications, reach new markets and improve productivity. The company is seen as a competitor to Alphabet’s Google Translate. It is also backed by a number of notable names including a fund from Mark Zuckerberg’s family office and Index Ventures. Its valuation? A whopping US$2 billion as of May this year. Aside from the big numbers, DeepL is also seeing a number of exciting developments of late. The company had in late July launched traditional Chinese as a language option as it looks to double down on its presence in Asia. But why did DeepL choose to offer this rather niche language used mostly in Hong Kong and Taiwan, and how far will this help it compete against major Chinese technology giants such as Baidu and Tencent which provide translation tools in simplified Chinese? Meanwhile, the firm had also in the same month launched a language model that is said to outperform GPT-4, Google and Microsoft for translation quality. But how will this set the stage for DeepL as it pursues future growth? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Jarek Kutylowski, CEO and Founder, DeepL.See omnystudio.com/listener for privacy information.
8/2/2024 • 23 minutes, 39 seconds
Culture Club: A taste of French and Japanese romance on a plate
Camille is Sentosa’s premier French-Japanese restaurant, located in the charming 1-Flowerhill establishment. Named after Claude Monet’s lover and muse, Camille offers a unique and romantic dining experience that beautifully blends French elegance with Japanese simplicity. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Lamley Chua, Executive Chef - Head of Asian Cuisine Development, 1-Group, to share more. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/2/2024 • 10 minutes, 59 seconds
R.I.C.H: Brewing a local brand into a multi-million dollar international business
Lim Tian Wee left the corporate world to join his family tea business as the fourth-generation owner of a major tea trading company, Lim Lam Thye. With nothing but a small loan of $2,000, Tian Wee founded Gryphon Tea, to shine the spotlight on high-quality premium blended teas.On R.I.C.H, Hongbin Jeong and Roshan Gidwani speak with Lim Tian Wee, Founder Gryphon Tea to find out how he grew a local brand into an international business raking in multi-million dollar revenues.See omnystudio.com/listener for privacy information.
8/2/2024 • 12 minutes, 37 seconds
What's Trending: The mural sending love and support to Singapore’s 2024 Paris Olympic athletes
The Olympics are back after four years, and Team Singapore is participating with 23 athletes competing in 11 sports. To celebrate and support these athletes, a new mural has been unveiled at Kampong Glam. This mural, created by renowned graffiti artist Ceno, honors the passion and dedication of Team Singapore's athletes. On What's Trending, Hongbin Jeong and Roshan Gidwani speaks to Mohammad Azlan Ramlan aka Ceno2, Graffiti Fine Artist and Low Jiaren, Deputy Chief of the Singapore Sport Institute, to share more about the creation of this olympic mural. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Nadiah Koh ([email protected]) and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/2/2024 • 12 minutes, 49 seconds
Spill The Tea: Will Leo settle down?
Leonardo Dicaprio’s girlfriend has been seen wearing a ring on THAT finger. What could this mean? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected] omnystudio.com/listener for privacy information.
8/1/2024 • 3 minutes, 56 seconds
Market View: Fed holds rates, hints at Sep cut; UOB, SIA, Keppel earnings; Nikkei movements amid BoJ hike; Stellar results from AMD, Preview of Apple’s earnings; Stocks to watch amid Paris Olympics
Singapore shares opened lower this morning, despite US and Europe indices rallying overnight. In early trade, the Straits Times Index (STI) fell 0.4 per cent to 3,443.49 points after 59.4 million securities changed hands in the broader market. In terms of companies to watch, we have UOB. The bank said today that its net profit for its second quarter rose due to double-digit fee income growth and lower credit allowances. Elsewhere, from SIA’s latest first quarter profit to a preview of Apple’s latest earnings – more corporate headlines remain in focus. Of course – we can’t forget about Jerome Powell and how the US Federal Reserve kept its key interest rate at 5.25 to 5.5 per cent. On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
8/1/2024 • 15 minutes, 44 seconds
That's How!: Ace your next job interview
Regardless of whether you're looking for an entry-level or a senior role, you may most likely undergo an interview before obtaining a job offer. A job interview allows you to demonstrate your personal credentials and leave a favourable impression on the hiring manager. But how exactly do you do that? How can you leave a memorable impression? On That's How, Hongbin Jeong and Roshan Gidwani uncover the secrets on how you can ace your next job interview and secure the job with Adrian Choo, CEO and Founder, Career Agility International.See omnystudio.com/listener for privacy information.
8/1/2024 • 27 minutes, 18 seconds
R.I.C.H: A collector's chamber of Harry Potter collectibles
Cheryl, a passionate collector of Harry Potter memorabilia, Disney, and Star Wars, began her hobby in her 20s and has since visited every Disney Park worldwide. For her, collecting is not just a hobby, but a celebration of the magical worlds that inspire her. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Cheryl Ma, Avid Harry Potter collector, to share more about what's so magical about collecting Harry Potter. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/1/2024 • 15 minutes, 3 seconds
Culture Club: A bucketful of chocolate treats
Mr. Bucket Chocolaterie offers a unique and immersive chocolate experiences perfect for chocolate enthusiasts and connoisseurs alike. Specialising in private events, Mr. Bucket provides curated chocolate experiences ideal for team building, corporate events, or special celebrations. They're also hosting a special DIY Chocolate Bar Making and Asian Chocolate Tasting Workshop. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Jerome Penafort, CEO and Founder, Mr. Bucket Chocolaterie, to share more. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
8/1/2024 • 13 minutes, 16 seconds
What's Trending: Why TV and food might not be a good mix
On What's Trending, TV dinners, often associated with processed meals, may not be as healthy as they seem. Studies suggest that habitually eating while watching TV is not good for us, as our wider environment plays a crucial role in our diets. Research shows a link between watching TV and a higher risk of obesity due to lower levels of exercise. Also, as of June 2023, the oil and bunker dealer position in Singapore pays the highest salary, with a typical gross remuneration of $14,911 per month. According to Ministry of Manpower (MOM) yearly occupational wage data, this position was the most paid. And in 2023, Singapore's ports had record bunker sales, which increased the profits for traders in this industry.See omnystudio.com/listener for privacy information.
8/1/2024 • 9 minutes, 21 seconds
Spill The Tea: Ambani gifts galore
Step into the world of the Ambani’s. Throw a million dollar wedding and receive million dollar gifts. What did the newlyweds receive and from who? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/31/2024 • 5 minutes, 56 seconds
Sports Minutes: Could Ilhan Fandi’s move to BG Pathum and Izwan Mahbud’s return to the first team spark revivals in their respective careers?
Could Ilhan Fandi’s move to Thailand's BG Pathum and Izwan Mahbud’s return to first team action with the Lion City Sailors spark revivals in their respective careers? And having caught our breaths, we recap and review the goal-fest of a Singapore Premier League weekend that saw 26 goals scored across 4 matches. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
7/31/2024 • 24 minutes, 2 seconds
Under the Radar: Beyond the Banyan – Banyan Group’s founder Ho Kwon Ping on shoring up share prices, brand positioning, further expansion and family business succession
From a single resort in Phuket to becoming one of the world’s leading independent, multi-branded hospitality groups – today we’re going to bring you an inside look into the growth story of Banyan Group. With its beginnings dated about 30 years back to 1994, Banyan Group was founded as a sanctuary for the senses and now boasts a diversified portfolio of hotels, resorts, spas, galleries, golf and residences centred around 12 major brands, including: Banyan Tree, Angsana, Cassia, Dhawa and Laguana. The business was built around the core-concept of sustainability, and adopts what it calls an “asset-right” model to maximise value for its stakeholders through a three-pronged approach. That includes rebalancing asset ownership to focus on key competencies, unlocking land banks to realise development value and growing fee-based segment through strategic industry partnerships. Why are we talking to Banyan Group you might ask? Well, the firm had in January this year shifted its corporate umbrella brand from “Banyan Tree Group” to Banyan Group to reflect its portfolio transformation from a single luxury brand to a multi-brand player. That’s as the firm seeks further expansion with 19 new properties and residences in Cambodia, China, Japan, South Korea, Vietnam and Mexico in the pipeline for this year. So what can we expect on this front, and how far will a new umbrella brand help individual brands under the Group better position for the future? Meanwhile, the firm’s founder Ho Kwon Ping also told Nikkei Asia in February that the firm plans to split its hotel and property development units to unlock value for the Group. But how effective will this be in shoring up the share prices of the firm? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Ho Kwon Ping, Executive Chairman and Founder, Banyan Group. See omnystudio.com/listener for privacy information.
7/31/2024 • 40 minutes, 10 seconds
That's How!: Learn to drive
Are you ready to buckle up and hit the road in the Lion City? Whether you’re a fresh-faced newbie or just looking to brush up on your driving skills, this episode of "That's How!" is your one-stop shop for everything you need to know about learning to drive in Singapore. Join Hongbin Jeong and Roshan Gidwani as they take you on a whirlwind tour of the Singaporean driving scene. See omnystudio.com/listener for privacy information.
7/31/2024 • 4 minutes, 28 seconds
Market View: Microsoft’s disappoints on cloud revenue front; HSBC’s US$3b share buyback; Airbus unveils sharply lower Q2 profits; Great Eastern’s net profit up 45% yoy; SG earnings to watch; Last look expectations ahead of US FOMC meeting
Singapore stocks started trading in positive territory today, after Wall Street’s mixed performance overnight. The Straits Times Index (STI) opened 0.3 per cent higher at 3,452.23 points after 21.9 million securities changed hands in the broader market. In terms of companies to watch today, we have Great Eastern after the insurer today posted a 45 per cent year-on-year increase in net profit to S$280.4 million for the second quarter ended Jun 30, from S$193.2 million. Elsewhere, from Microsoft’s earnings out overnight, to Airbus’s profits falling sharply in Q2 – more corporate headlines are in focus. Also on deck – HSBC’s US$3 billion share buyback. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.See omnystudio.com/listener for privacy information.
7/31/2024 • 14 minutes, 37 seconds
R.I.C.H: One risk was all it took for a sweet outcome
Valerie Valcourt, a 34-year-old former executive assistant, made headlines by quitting her six-figure tech job to follow her true passion for pastry. After feeling unfulfilled in her corporate role, she bravely left Seattle and moved to the south of France to attend culinary school. Despite initial challenges and setbacks, Valerie persevered, ultimately securing a full-time position as a pastry assistant at Maison Chabran. On R.IC.H., Hongbin Jeong and Roshan Gidwani speaks to Valerie Valcourt, Commis Pâtissière, Maison Chabran, to share more about her journey and find out whether taking risks was worth it. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/31/2024 • 15 minutes, 6 seconds
Culture Club: Is budgeting for a dream home still possible in today’s economy?
Today, homeowners have an eye for unique pieces that tell their stories and portray their individuality. But how do you budget for it? Building a home should be a feeling of fulfilment, not financial strain, as many Singaporean homeowners have expressed. On Culture Club, Roshan Gidwani speaks with Wint Aung, Co-Founder, Le Interior Affairs to find out more about renovation trends in Singapore. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh and Simone Chua Do you have a story to tell on The Evening Runway show? Contact [email protected] See omnystudio.com/listener for privacy information.
7/31/2024 • 15 minutes, 42 seconds
What's Trending: Another symbolic icon in this year's Olympics
On What's Trending, the Paris 2024 Summer Olympics' mascots, the Phryges and Phryges, are a symbol of French history. The Phryges represent a pair of Phrygian caps, a type of hat symbolizing French liberation. Originating from 18th-century French revolutionaries, the caps have been worn since the Bastille prison storming in 1789. Also, Brazilian surfer Gabriel Medina captured a perfect 10 pose for an almost perfect 10 wave during the 2024 Paris Olympic games. The results produced another perfect moment, as Medina leapt from his surfboard, raised his finger aloft, and his board just managed to fly parallel to him. The photograph has spread across social media, with Brazilians celebrating Medina's progress into the final eight of the competition. Medina's Instagram post received over four million likes.See omnystudio.com/listener for privacy information.
7/31/2024 • 7 minutes, 42 seconds
Spill The Tea: Opening ceremony woes
Was the Paris Olympics Opening Ceremony a success? There was a biblical scene, Lady Gaga performed and a severed head made an appearance…. Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/30/2024 • 6 minutes, 44 seconds
Market View: Outlook for S-REITs; Sheng Siong posts 7% yoy rise in net profit; Toyota’s global production tumbled; Apple vs Alphabet vs Nvidia chips; Expectations for Microsoft, AMD earnings; Netflix reportedly testing interest for bond sale and more
Singapore stocks started trading in positive territory today ahead of a key US Federal Reserve meeting. The Straits Times Index (STI) opened 0.2 per cent higher at 3,449.48 points after 45.9 million securities changed hands in the broader market. In terms of companies to watch, we have Keppel Real Estate Investment Trust, after its manager today announced a 3.4 per cent year-on-year decrease in distribution per unit for the half year ended June. Elsewhere, from more on Sheng Siong’s earnings to a potential bond sale by Netflix – more corporate headlines remain in focus. Also on deck, Toyota’s output skidding and how Apple appears to be using no Nvidia GPUs in training AI models. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Carmen Lee, Head of OCBC Investment Research.See omnystudio.com/listener for privacy information.
7/30/2024 • 14 minutes, 28 seconds
That's How!: Unleashing your inner rapper - The art of rapping
Ever dreamt of spitting bars like your favorite rap legends? In this episode of "That's How", Hongbin Jeong and Roshan Gidwani break down the art of rapping, making it accessible to anyone who’s ever wanted to try their hand at the mic. From crafting killer lyrics to mastering flow and delivery, they’ve got you covered. They explore the essentials of rhyme schemes, wordplay, and rhythm, and dive into practical exercises to get your creativity flowing.See omnystudio.com/listener for privacy information.
7/30/2024 • 10 minutes, 57 seconds
R.I.C.H: How to succeed? "Choose your pain", says this successful entrepreneur
This July marks a milestone for The Great Room, a premier co-working space led by two female Singaporean founders. From its humble beginnings at One George Street, Singapore, The Great Room has expanded impressively across the Asia-Pacific including six locations in Singapore, two in Bangkok, one in Hong Kong, and now in Sydney. How did a humble idea blossom into a powerhouse, celebrating eight years of exponential growth and influence? On R.I.C.H, Hongbin Jeong and Roshan Gidwani speak with Jaelle Ang, CEO & Co-Founder, The Great Room to find out about her philosophy on success and entrepreneurship resilience. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh and Aaron Lam Do you have a story to tell on The Evening Runway show? Contact [email protected] See omnystudio.com/listener for privacy information.
7/30/2024 • 17 minutes, 49 seconds
Culture Club: Who are the folks responsible for lighting up Singapore's landmarks?
Ever wondered what goes behind the pretty lights you see on buildings and installations, and who made them possible? From the deep cultural heritage of CHIJMES and Haw Par Villa, to the everyday thrum of Changi, Sentosa, Suntec City, and even Marina residences, Stanley and his team have spent the past 15 years executing architectural and landscape lighting for some of Singapore’s most iconic spaces. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks with Stanley Tay, Founder of Illuminating Asia to find out more. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh and Aaron Lam Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
7/30/2024 • 17 minutes, 2 seconds
What’s Trending: Where you can experience Temple Run in real-life
On What's Trending, Temple Run, a popular mobile game, has inspired visitors to share their real-life experiences at ancient temples in Cambodia. The trend, inspired by the game, aims to boost tourism in the country, highlight Cambodia's cultural heritage, and provide a thrilling way to explore its historic sites. Also, in Germany's North-western region of East Frisia, the locals have set an unusual record for tea consumption. The German Tea and Herbal Infusions Association states that East Frisians consume 300 litres of tea per capita every year, making them "undisputed tea world champions."See omnystudio.com/listener for privacy information.
7/30/2024 • 8 minutes, 48 seconds
Sports Minutes: Kyra Elise Taylor, the UTR Scholar who is aiming to emulate Danelle Tan
Scoring a worldie on your national team debut? Check. Ending a rival team's 2-year long unbeaten streak? Check. Unleash the roar scholarship? Check. At just 18 years of age, Kyra Elise Taylor already has a stellar list of achievements that maybe the envy of most. Having recently made her international bow for the Lionesses in their 9-0 win over Macau, the sky seems to be the limit for Kyra. She sat down with Sports Minutes to tell us about how she first fell in love with the beautiful game, her ambitions as she embarks on university education and her decision to represent Singapore despite being of mixed-heritage. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
7/29/2024 • 17 minutes, 54 seconds
Spill The Tea: Performers are protected against AI
Activision, Warner Bros and Walt Disney may be major video game makers, but they are facing a strike by Hollywood performers over the use of artificial intelligence or AI. It comes down to the money: performers may be worried about these studios using AI to reproduce their likeliness without proper remuneration. Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/29/2024 • 6 minutes
Market View: US Earnings expectations – Microsoft, AMD, Uber, Airbus, Meta, Amazon, Boeing; Upcoming US Fed Rate Decision; US PCE eases from May’s yoy figure; Seatrium hot stock of the day on earnings guidance; SIA Engineering Company’s earnings up 23% yoy; SG Earnings expectations and more
Singapore stocks started trading in the positive territory today after global equities ended higher last week. The Straits Times Index (STI) opened 0.7 per cent higher at 3,449.73 points after 68 million securities changed hands in the broader market. In terms of companies to watch, we have Seatrium, after its board said today that the offshore and marine specialist is expected to report a net profit for the first half of 2024 based on a preliminary review of its unaudited financial results. Elsewhere, from a lookahead to earnings from global names such as Microsoft, AMD, and Meta, to what to expect out of local blue chips such as SIA and the trio of local banks – more corporate headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
7/29/2024 • 16 minutes, 46 seconds
That's How!: Checkmate - your ultimate guide to playing chess
Ever looked at a chessboard and wondered if it’s a secret code or a map to treasure? On this episode - chess meets fun in a way that'll have you saying, “Checkmate!” with a grin. Hongbin Jeong and Roshan Gidwani explores the chessboard to transform you from a curious bystander into a savvy player, and turning the game from a brain-bending challenge into your new favourite pastime.See omnystudio.com/listener for privacy information.
7/29/2024 • 7 minutes, 16 seconds
Under the Radar: What is Emirates SkyCargo’s assessment of global and Singapore air freight demand amid port congestions?
We’re going to bring you an inside look into the air cargo industry today as we speak to the cargo arm of the world’s largest international airline. Incepted in 1985, our guest Emirates SkyCargo prides itself as a facilitator of global trade, tapping Emirates’ global network of over 140 destinations across 6 continents to transport goods to all corners of the world. The cargo arm prides itself as having an extensive cool chain capacity, including the world’s largest, EU GDP-certified pharmaceutical hub to transport sensitive cargo quickly, efficiently and reliably. It operates two world-class cargo terminals at its dual-airport hub in Dubai, with a capacity of over 2.3 million tonnes per annum. In Singapore, operations began in 1990 with direct flights from Dubai to Singapore and Manila. Since then, the airline has increased capacity to 3 freighter flights per week to strengthen trade links between the East and West. More notably, Emirate SkyCargo transported over 18,600 tonnes of cargo in and out of Singapore in FY 23-24, with key exports from Singapore being ship and aircraft parts, pharmaceuticals, mobile phones and more, and key imports being fresh fruits and foodstuffs. But how important is Singapore’s air hub to Emirates SkyCargo? Meanwhile, data from the International Air Transport Association or IATA released in July showed strong annual growth in demand in global air cargo markets in May. With port congestion remaining an issue for the industry, what will this mean for Emirates SkyCargo in terms of prices and demand for air freight? Is the situation more or less pronounced in Singapore than around the world? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Ravishankar Mirle, Vice President of Cargo Commercial, Far East & Australasia, Emirates SkyCargo.See omnystudio.com/listener for privacy information.
7/29/2024 • 37 minutes, 24 seconds
R.I.C.H: This collector loves Iron Man 3000
Terence Tee began collecting 1/6 scale Iron Man figures in 2012, inspired by the Iron Man suits in the movie. He has over 270 Iron Man figures on display and has been featured on various social media platforms and local papers. On R.IC.H., Hongbin Jeong and Roshan Gidwani speaks to Terence Tee, Key Executive Officer, Iconic Realty Pte Ltd, to share more about his love for Iron Man. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/29/2024 • 15 minutes, 13 seconds
Culture Club: What happens if you combine crepes and creme brûlée?
The Brulee is a delightful dessert cafe located in Bugis, known for its unique and innovative creations. Specializing in crepe brulees, The Brulee combines the best of crepes and crème brûlée to offer a one-of-a-kind dessert experience, and its menu features five rotating flavors, including Apple Crumble, Chempedak, Tiramisu, Nutella, and their best-selling Classic. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Hairul Isa, Founder, The Brulee, to find out more about its offerings. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Aaron Lam Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/29/2024 • 9 minutes, 5 seconds
What's Trending: Good bye, Iron Man! Hello, Dr. Von Doom!
On What's Trending, Robert Downey Jr. is returning to the Marvel superhero world after five years, playing Dr. Victor Von Doom, a villain in the comic books that spawned the popular film series. Also, Marvel's Deadpool & Wolverine movie made a record $205 million in its first weekend in North American theaters, breaking the opening record for R-rated films.See omnystudio.com/listener for privacy information.
7/29/2024 • 6 minutes, 24 seconds
Spill The Tea: J.D. Vance in hot tea
Jennifer Aniston, friends star, slams JD Vance for his comments. What’d he say? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/26/2024 • 4 minutes, 44 seconds
Market View: TSMC tanks, plays catch up to global tech rout; Chinese EV makers team up with EU players to get around hike in duties; US PCE expectations; iFast reports 346.1% rise in Q2 earnings; S-REITs performance; MAS leaves monetary policy settings unchanged
Singapore shares started trading in negative territory today as the Monetary Authority of Singapore left its monetary policy settings unchanged for the fifth straight meeting, in line with market expectations. The Straits Times Index (STI) opened 0.1 per cent lower at 3,425.78 points after 29.9 million securities changed hands in the broader market. In terms of companies to watch today, we have iFast, after the digital bank and wealth-management platform reported a 346.1 per cent rise in second-quarter earnings to S$16 million, from S$3.6 million in Q2 2023. Elsewhere from more on the latest showings by S-REITS, to losses seen at Taiwan’s TSMC - more corporate and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
7/26/2024 • 17 minutes, 35 seconds
R.I.C.H: From founder to CEO & quitting. How do you leave it all behind?
The meteoric growth of Singapore’s cocktail scene is thanks to the work of bar veterans such as Jay Gray. His creative pursuits led to him emerging as the CEO of Sago House Group, which is responsible for acclaimed bars such as Sago House (which ranked No.32 in The World’s 50 Best Bars 2023 and No.10 in Asia’s 50 Best Bars 2023) and Low Tide. But at the height of its success, Jay left his position as CEO of Sago House Group. So, why did Jay resign? On R.I.C.H, Hongbin Jeong and Roshan Gidwani sat down with Jay Gray, Owner, Idle Hands and former CEO, Sago House Group to find out. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
7/26/2024 • 15 minutes, 39 seconds
That's How!: Make the perfect self-tape for your ticket to Hollywood
A self-tape is a pre-recorded video audition that an actor submits to the casting director or creative team. It is generally used as a substitute for an in-person tryout. But for some, self-tapes are more stressful than in-person auditions, since it requires a certain amount of planning and technical know-how. How do you get the best angle? The best lighting? The best quality? On That's How, Hongbin Jeong and Roshan Gidwani dives into all the tips you need to know to create the perfect self-tape so you can be on your way to be the next Hollywood star. See omnystudio.com/listener for privacy information.
7/26/2024 • 8 minutes, 5 seconds
Sports Minutes: Shanti Pereira on 2024 Paris Olympics, injury struggles and her recent engagement
Having capped a stellar 2023 with an historic Asian Games gold, you'd think the 2024 Olympic games would see Singapore's Shanti Pereira scale even greater heights. But it hasn't proved to be as straight forward for the Lion City's sprint queen. Sidelined through an injury in the first half of the year, Shanti's preparations for Paris have been hampered. Nonetheless, buoyed by her recent engagement, the 27-year old remains up beat ahead of her second Olympics participation - as revealed on this special episode of Sports Minutes! Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
7/26/2024 • 18 minutes, 56 seconds
Culture Club: Local handcrafted jewellery brand is crafting with purpose
Singapore-based jewellery brand Eden+Elie aims to showcase modern hand beaded jewellery while supporting artisans with autism. The brand features bangles and pendants inspired by local culture, such as Peranakan and nonya kebaya. But this brand is focused on creating meaningful jewellery by incorporating the slow fashion element of traditional hand beading. And they partnered with the Autism Resource Centre (Singapore) to train and employ artisans from their communities. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Stephanie Choo, Co-founder, Eden + Elie, to share more. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/26/2024 • 14 minutes, 54 seconds
What's Trending: Would you dare try a Fluffy Coke?
On What's Trending, an Indian laborer has found a massive diamond in a mine in the central state of Madhya Pradesh, expected to fetch around 8 million rupees in a government auction. The diamond will be sold in the next government auction, and the labourer will receive his compensation after government royalty and taxes are deducted. Also, a TikToker created a video tutorial on how to make a "fluffy coke" using Marshmallow Fluff, Coca-Cola, and ice. Other variations include Diet Coke, Peach Pepsi, Root Beer, coffee, and candied cherries. But despite the negative reviews, the creator believes the popularity of the "fluffy coke" is due to the drink's nature.See omnystudio.com/listener for privacy information.
7/26/2024 • 10 minutes, 1 second
Spill the Tea: Is the 2024 Singapore Grand Prix entertainment line-up disappointing?
There's less than 60 days left to go till the 2024 Singapore Grand Prix. They've just released the entertainment line-up with OneRepublic, Kylie Minogue, and Lenny Kravitz to headline each of the three days. But what do we think of the line-up? On Spill the Tea, Hongbin Jeong and Roshan Gidwani is joined by Sports Minutes host Zia-ul Raushan and Anjali Raguraman, The Straits Times correspondent, to spill the juices on this year's entertainment line-up as well as the drama that's been unraveling between the F1 drivers - will Max Verstappen continue to dominate or will Carlos Sainz once again be crowned as Singapore's Grand Prix winner?See omnystudio.com/listener for privacy information.
7/25/2024 • 13 minutes, 25 seconds
Under the Radar: L’Oreal Singapore on being at the intersection of beauty and technology and its move to tap the luxury segment
It’s all about taking your beauty into your hands “because you’re worth it”. Sounds familiar? You might have by now guessed who we’re speaking to for today’s discussion – yes, it is indeed personal care and cosmetics giant L’Oreal. On that note – did you know that the tagline was coined in 1971 by a 23-year-old female copywriter at a Manhattan ad agency McCann. But taglines and branding aside, L’Oreal positions itself as a leader of the beauty tech world, with the century-old firm boasting a workforce of 86,000 employees across 150 countries, The company has a portfolio of 36 international brands split into four divisions, namely (1) Luxe, (2) Consumer Products, (3) Dermatological Beauty and (4) Professional Products. Some of the brands include Kiehl’s Lancome, Ralph Lauren, Biotherm, Shu Uemura, Urban Decay, L’Oreal Paris, Prada Beauty, Garnier and Maybelline New York. At a global level, L’Oreal had in April this year reported a 9.4 per cent increase in Q1 sales on a like-for-like basis, exceeding analysts’ expectations. Sales for the quarter came in at 11.24 billion euros or US$11.98 billion for the three months to March, easing concerns over an economic slowdown in the world's two largest economies of the US and China. But how far did Singapore contribute to the numbers? The latest showing also comes as the firm’s mass market range and dermatological products compensated for weakness in the luxury segment. But how far is this the case in Singapore, and what does the current economic uncertainty mean for the firm’s push into the luxury sector? Meanwhile, L’Oreal had announced a number of agreements with institutions in Singapore to develop youth-led innovation. But what can we expect on this front? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Tomas Hruska, Managing Director of L’Oréal Singapore and Malaysia.See omnystudio.com/listener for privacy information.
7/25/2024 • 29 minutes, 42 seconds
That's How!: Using price optimization to generate more revenue
Whether you're a startup, an established company, or an e-commerce platform, pricing your products or services effectively can significantly impact your bottom line. On That's How!, Hongbin Jeong and Roshan Gidwani delve into the strategic art of price optimization and how businesses can leverage it to drive higher revenue. So let's find out whether the price is right!See omnystudio.com/listener for privacy information.
7/25/2024 • 13 minutes, 43 seconds
Market View: Tech-led sell off on Wall Street, NASDAQ, S&P 500’s worst session since 2022; LVMH Q2 sales and Bernard Arnault’s wealth; S-Reit Earnings; SK Hynix’s highest quarterly profit since 2018
Singapore shares started trading in negative territory today, mirroring overnight losses in the global market. The Straits Times Index (STI) opened 0.6 per cent lower at 3,441.94 points after 41.4 million securities worth S$48.3 million changed hands. In terms of companies to watch, we have Mapletree Logistics Trust. The trust’s distribution per unit (DPU) fell 8.9 per cent to S$0.02068 (2.068 Singapore cents) for its first quarter ended June. Elsewhere, from the tech-fuelled sell-off on Wall Street overnight to SK Hynix posting its highest quarterly profit since 2018, more international headlines remain in focus. Also on deck – and what LVMH’s latest earnings mean for founder Bernard Arnault. On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
7/25/2024 • 16 minutes, 41 seconds
R.I.C.H: Can you really retire by 40?
Lionel Lee is helping his foundation guide people worldwide to achieve financial inclusion, security, and independence. He developed an approach to help people work, earn, save, spend, invest, and retire better through articles, podcasts, talks, and workshops. He shares his journey to FIRE (Financial Independence Retire Early) by 40. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speak to Lionel Lee, Money Expert, The Better Foundation, to find out how. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Simone Chua Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/25/2024 • 13 minutes, 18 seconds
Culture Club: Michelin chefs unite in a celebration of camaraderie
Singapore’s PATH and Thailand’s 80/20 will come together for two evenings, presenting modern Thai and Asian dishes that represent their culinary journeys. With a shared dedication to spotlighting local and regional produce within their menus, Chef Marvas Ng of Path and Chef Thav Phouthavong of 80/20 celebrate their budding friendship and appreciation for locally sourced ingredients after an introduction by a mutual friend in Bangkok. On Culture Club, Hongbin Jeong and Roshan Gidwani speak with Marvas Ng, Executive Chef, PATH Singapore and Thav Phouthavong Head Chef, 80/20 to find out more about this gastronomic friendship that goes beyond borders. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh and Simone Chua Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
7/25/2024 • 11 minutes, 29 seconds
What’s Trending: Who’s the real inventor of Flamin’ Hot Cheetos?
On What's Trending, reality TV producers and contestants are facing a proliferation of unauthorised, AI-generated images and videos, as well as the need for comprehensive US federal laws to address deepfakes. The use of AI in social media photos and editing episodes has led to over-filtered images and people not looking real. AI tools like ChatGPT are being used to create new content from reality TV footage, allowing both well-intentioned fans and bad actors to manipulate clips and episodes. Also, Flamin' Hot Cheetos has become a controversial snack due to a dispute over its creation. Richard Montañez, who claims to have invented it, is suing PepsiCo and Frito-Lay, alleging they conducted a "smear campaign" against him. He claims they defamed him by making false statements to the Los Angeles Times, leading to a 2021 article that questioned his role in the product's creation. Montañez's lawsuit accuses PepsiCo of violating California's Unfair Competition Law and seeks damages, restitution, and an order to stop the companies from denying his involvement.See omnystudio.com/listener for privacy information.
7/25/2024 • 8 minutes, 47 seconds
Spill The Tea: Will Musk Deliver?
Elon Musk announces that robots will first be used by Tesla. Tesla will start making them to sell in 2026. But is this another ploy to keep investors interested in Tesla? Tesla profits have dropped and Musk doesn’t always deliver on time. Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/24/2024 • 4 minutes, 30 seconds
Sports Minutes: Firdaus Kassim on his appointment as Lion City Sailors’ U21 Head Coach & his time with Hougang United
Does the name Firdaus Kassim ring a bell? I’m guessing it does, as he’s the head coach who guided Hougang United to their only piece of silverware to date - and that’s the Singapore Cup in 2022. Since then though, he’s departed the Cheetahs and turned blue! That’s right, he’s recently been appointed as the head coach of the Lion City Sailors U21 team. So what was it about the Sailors project that attracted him? And how hands on is Luka Lalić, the team’s technical director? What does he make of his departure from Hougang, and does he bear any grudges considering how it all ended? Firdaus sat down with Sports Minutes to answer this and more Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
7/24/2024 • 26 minutes
R.I.C.H: Is it hard to succeed in the entertainment industry?
Justin Bratton is a renowned TV host, actor, writer, and filmmaker in the Asian entertainment industry. He has hosted various shows, including travel, comedy, and competition shows; acted in internationally acclaimed drama series and films; he is also known for hosting Asia's Got Talent and the new show Challenger Battleground on Discovery and HBO Asia. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Justin Bratton, TV host, Actor, Writer, Creation Circus Productions, to find out more how he achieved success in the entertainment industry. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Simone Chua Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/24/2024 • 15 minutes, 28 seconds
Market View: Mixed earnings from Visa, Tesla, Google’s Alphabet; US political uncertainties on mega caps like Tesla, on USD; OpenAI’s safety leader works on new research project; South Korea’s appetite for luxury goods; Sabana REIT’s DPU down 16.8% yoy; Hutchison Port Holdings’ earnings
Singapore stocks opened weaker today following a mixed performance in the US and in Europe. In early trade, the Straits Times Index (STI) was down 0.4 per cent to 3,448.59 points after 38.8 million securities changed hands in the broader market. In terms of companies to watch, we have Hutchison Port Holdings Trust after the port operator today reported a 66.6 per cent on-year increase in earnings for the first half of 2024 to HK$158.1 million (S$27.2 million). Meanwhile, from the mixed batch of US earnings overnight, to the outlook for US policy post-election and impact on mega caps like Tesla, as well as implications on the king dollar, more international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Analyst, OANDA.See omnystudio.com/listener for privacy information.
7/24/2024 • 16 minutes, 46 seconds
That's How!: Be a Radio DJ
Ever wanted to be a radio DJ? But what does it take to be one? What are the first steps into a career that lets you rock the mic and rule the airwaves? Hongbin Jeong and Roshan Gidwani give you the lowdown on how to sound like a pro, with expert advice on voice training, pacing, and making those on-air moments sparkle. They break down the secrets of how to become a radio DJ with a mix of tips, tricks, and a splash of fun. They also chat with legendary DJs who’ve made it big and hear their wildest stories from the studio! 🎤 Tune in till the end for a little challenge - follow us on Instagram & TikTok @moneyfm893 to participate in our Radio DJ Challenge - Do you have what it takes to be a radio DJ?See omnystudio.com/listener for privacy information.
7/24/2024 • 6 minutes, 48 seconds
Culture Club: Rubies, emeralds, diamonds or sapphires - which should be your next bling?
Arte Oro is an authentic local atelier founded by Italian jeweller Danilo Gianonni, specializing in "Made in Singapore" custom jewellery. Known for its expertise in coloured gemstones, Arte Oro embraces the romantic journey of bespoke jewellery creation, and with a rich history spanning from New York to Hong Kong, Danilo brings a global perspective to his craft, creating timeless pieces that truly represent the wearer. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Danilo Gianonni, Founder and Creative Director, Arte Oro, to find out more about their pieces. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh and Simone Chua Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
7/24/2024 • 15 minutes, 4 seconds
What's Trending: Can this year's Olympics athletes bring a piece of history home?
On What's Trending, The World Health Organization has established a new Commission on Social Connection, recognizing its importance in promoting wellbeing and longevity. Research shows that thriving social networks are healthier than those feeling isolated, and friendships can influence various aspects of our health, including immune system strength and heart disease risk. Also, the 2024 Paris Olympics will feature medals with an 18-gram hexagonal chunk of iron from the Eiffel Tower, designed by French jewelry house Chaumet. The medals will feature Nike, the Greek goddess of victory, standing in front of Athens' Panathenaic Stadium, the Acropolis, and the Eiffel Tower. These medals are the first to feature a chunk of a famous monument, making them a piece of history for athletes.See omnystudio.com/listener for privacy information.
7/24/2024 • 7 minutes, 35 seconds
Spill The Tea: Kamala’s Pop-Star Inspired Re-Brand?
Kamala Harris has re-branded her campaign's online presence by embracing a social media trend inspired by a pop star. Which pop star? And is it working? Is she trying to #slay younger voters and is this the #perf way? Roshan Gidwani and Chua Tian Tian are ngl and will stt. Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/23/2024 • 4 minutes, 31 seconds
Market View: Investors return to US tech shares; Trump trade; US PCE expectations; Singapore’s headline and core inflation slows more than expected in June; Expectations on MAS’ next move and more
Singapore stocks opened higher today following overnight gains in overseas markets after a shaky end last week. In early trade, the Straits Times Index (STI) headed up 0.5 per cent to 3,455.38 points after 47.5 million securities changed hands in the broader market. In terms of companies to watch, we have Seatrium, after the offshore and marine specialist secured S$180 million worth of contracts to repair and upgrade various types of ships, such as offshore vessels, ferries and tankers. Elsewhere, from more on Singapore’s inflation slowing more than expected in June, to the implications of US Vice President Kamala Harris potentially securing broad support to become the Democratic Party’s nominee – more local and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with James Cheo, Chief Investment Officer, Southeast Asia and India at HSBC Global Private Banking and Wealth.See omnystudio.com/listener for privacy information.
7/23/2024 • 13 minutes, 43 seconds
Under the Radar: Supernal on agreements with EDB, CAAS and the role of Singapore in building an ecosystem of support infrastructure, creating regulatory frameworks for urban air mobility networks
We’re going to take you to the skies today, not by using a plane but by getting you to hop on a flying car instead! Announced in 2021 as an evolution of Hyundai Motor Group’s urban air mobility business, our guest Supernal is on the quest to develop an electric vertical take-off and landing (or eVTOL) vehicle, as well as the accompanying ground-to-air ecosystem to support the emerging industry. The company prides itself as harnessing world class manufacturing, automation, supply chain and R&D expertise to make what it calls the new and efficient transportation option widely accessible in the coming decades. What that means to the firm, is that it is focused on building the right product and market fit, more so than rushing to be the first to market. To this end, the company had in January unveiled its electric vertical take-off and landing vehicle concept at one of the largest technology events globally, the 2024 Consumer Electronics show. It was also at the sidelines of this event that the company said it would commercialise the S-A2 aircraft by 2028 in South Korea and the US. So when will the vehicles be commercially available in Sunny Singapore? Speaking of Singapore, Supernal had in February this year inked agreements with the Singapore Economic Development Board and the Civil Aviation Authority of Singapore to further develop advanced air mobility capabilities and expertise in both Singapore and Asia Pacific. But what can we expect from both sides when it comes to creating regulatory frameworks in the nascent industry and building an ecosystem of support infrastructure for urban air mobility networks? And how important is Singapore as both a demand market and a testbed for Supernal given its population density? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Diana Cooper, Chief Partnerships and Policy Officer, Supernal.See omnystudio.com/listener for privacy information.
7/23/2024 • 19 minutes, 15 seconds
R.I.C.H: Too old to model? Never!
Is it too late to follow your dreams? This 60-year-old father and personal trainer achieved his lifelong dream of becoming a fashion model and after battling with stage 3 colorectal cancer. Arun Rosiah was also the oldest finalist in ManManhunt Singapore 2021. Now, Arun has made it his mission to inspire other cancer survivors and patients to chase life’s next chapter and complete their story. On R.I.C.H, Roshan Gidwani speaks with senior fashion model Arun Rosiah on his journey of being a cancer survivor-turned-senior-fashion-model. Presented by: Roshan Gidwani Feature produced and edited by: Nadiah Koh and Simone Chua Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
7/23/2024 • 15 minutes, 5 seconds
Culture Club: A taste of Southern Italy in Singapore
Sospiri, an authentic Southern Italian restaurant and rooftop bar by ilLido Group is inspired by Beppe De Vito's childhood dessert in Puglia. The restaurant offers a blend of culinary mastery and panoramic skyline views. The 128-seat restaurant features warm colors and natural light, with a private dining room for intimate gatherings and a stylish rooftop bar for 60 guests. Chef Matteo Ponti leads the culinary team at Sospiri, which focuses on capturing the true essence of Southern Italian cuisine using fresh ingredients like tomatoes, wild vegetables, and tender artichokes. On Culture Club, Roshan Gidwani speaks to Beppe de Vito, Founder, ilLido Group, to find out more about its offerings. Presented by: Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Simone Chua Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/23/2024 • 10 minutes, 49 seconds
What's Trending: Would you fall for Istanbul's ice cream trick?
On What's Trending, researchers studied five communities of wild chimpanzees in Uganda and Tanzania to investigate their communication patterns. They found that gestures allowed the animals to avoid conflict and coordinate with each other, allowing them to exchange information and agree on grooming techniques in just a few short exchanges. Also, Dondurma, a dense, stretchy, and durable frozen Turkish dessert, is renowned for its unique texture. Produced in Turkey's southern Kahramanmaraş province, it is eaten on a plate with a knife and fork. On Istanbul's iconic Istiklal Avenue, talented tricksters perform full-on shows, attracting tourists at inflated prices. However, locals advise against visiting these tourist traps.See omnystudio.com/listener for privacy information.
7/23/2024 • 6 minutes, 49 seconds
Spill The Tea: Does this mean Trump’s Triumph?
U.S President Joe Biden has withdrawn from his re-election bid on Sunday the 21st of July. He has endorsed his Vice President Kamala Harris as the Democratic Party’s new nominee. She still needs the backing of individual party delegates so it’s not a done deal. Trump says Kamala Harris will be easier to defeat than Biden. Roshan Gidwani and Chua Tian Tian spill the tea. Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/22/2024 • 5 minutes, 51 seconds
Sports Minutes: Why a ZERO TOLERANCE policy is needed to eradicate racism in football
Now you’d think that on a weekend that saw 24 goals across 4 games - football would take centre stage on this episode of Sports Minutes, but alas it’s not…because it was marred by an unsavoury incident - with allegations of racial abuse by fans targeting French forward Salif Cisse emerging. The two clubs that are involved have since released statements on social media, stating their zero tolerance stance towards racism - and the Football Association itself has said investigations into the matter have commenced. Deepanraj Ganesan, who broke the story for the Straits Times, has the latest on Sports Minutes. READ MORE:https://www.straitstimes.com/sport/football/monkey-chants-allegedly-directed-at-tanjong-pagar-s-salif-cisse-during-singapore-premier-league-gamehttps://www.straitstimes.com/sport/football/from-the-sidelines-to-stardom-footballer-nur-ain-salleh-14-aims-to-make-her-family-proudGot a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
7/22/2024 • 20 minutes, 31 seconds
Market View: Implications of global tech outage on markets, US President Joe Biden drops out of presidential race, US Earnings preview and more
Singapore stocks started the day muted, after a choppy week in US and Europe markets ended with a global IT outage disrupting businesses worldwide. In early trade, the Straits Times Index (STI) headed down 0.02 per cent to 3,446.79 points after 75.8 million securities changed hands in the broader market. In terms of companies to watch, we have CapitaLand India Trust, after the trust today said it has completed its acquisition of an office building in Navi Mumbai, India, for about 6.8 billion rupees (S$110 million). Elsewhere, from the implications of the CrowdStrike-linked global tech outage to US President Joe Biden stepping down from the US presidential race – more international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
7/22/2024 • 14 minutes, 36 seconds
R.I.C.H: Can you turn comedy into a career?
Having a job pays the bills, but pursuing your passion is a whole other ball game. Why not do something you love, and in this case, make them chuckle, make them rumble and tumble, maybe even on the floor because they just can’t take it any more! Liam McDonald was in the business of computers before he made the jump to comedy, having founded Asia’s biggest comedy club. On R.I.C.H, Liam McDonald, Founder, Lemon Stand Comedy Club shares how he went from the business of computers to opening Asia’s largest full-time comedy club. Presented by: Roshan Gidwani Feature produced and edited by: Nadiah Koh and Simone Chua Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
7/22/2024 • 22 minutes, 36 seconds
Culture Club: A new staycation destination at New Bahru
Lo & Behold Group's New Bahru lifestyle destination is set to launch in July or August. Alma House, a serviced apartment within the area, is now accepting reservations. The property, named after the Latin word 'alma mater', is situated near local boutiques, restaurants, and wellness studios. On Culture Club, Roshan Gidwani speaks to Giselle Makarachvili, Co-Founder, ProjectX, to share more about this next staycation find. Presented by: Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Simone Chua Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/22/2024 • 12 minutes, 48 seconds
What's Trending: Who are the next sushi superstars?
On What's Trending, food artist Michelle Wibowo has exhibited celebrity heads made from sushi, including singers Elton John and Ed Sheeran, and England footballers Harry Kane and Bukayo Saka. The works, made from authentic Japanese ingredients like sushi rice, smoked salmon, and pickled ginger, measure 18cm tall and 10cm wide. Also, fermented foods, such as kefir, kimchi, sauerkraut, and kombucha, have been used for centuries to preserve food. However, industrial production has led to the discovery of additives in almost one-third of these products, including salt, sugar, and artificial sweeteners. These additives are legal but technically classified as ultra-processed.See omnystudio.com/listener for privacy information.
7/22/2024 • 7 minutes, 4 seconds
Sports Minutes: Loh Kean Yew on the upcoming 2024 Paris Olympics
In 2021, Loh Kean Yew garnered the adulation of a nation when he won the BWF World Badminton Championships. Since then, the Singaporean shuttler has clinched three BWF World Tour wins - propelling himself into the public eye with his blend of hunger and humility. So how will he fare at the upcoming Paris Olympics? Sports Minutes checks in with 27-year old to find out how he's preparing for his second appearance at the Olympics.Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
7/19/2024 • 10 minutes, 23 seconds
Spill The Tea: A mockery is costly
An Italian journalist has been ordered to pay Prime Minister Giorgia Meloni… how much? And WHY? Roshan Gidwani spills the tea. Get in touch with our anchors at [email protected], [email protected] and [email protected] omnystudio.com/listener for privacy information.
7/19/2024 • 3 minutes, 2 seconds
Spill The Tea: Alleged abuse of Australian greyhounds
Australia has a multi-billion-dollar greyhound racing industry. Greyhound dogs in Australia are being raced too much, euthanised without cause and left to rot in metal cages. Is this animal cruelty? Roshan Gidwani and Sean Chong spill the tea. Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/18/2024 • 4 minutes, 33 seconds
Market View: Nasdaq’s worst day in more than 2 years. Rug pull sell off or buy the dip opportunity?
Tech stocks extended their decline, casting uncertainty on whether the AI rally has truly stalled or if this was just a hiccup. While the three main indexes kicked off the day lower, the tech-heavy Nasdaq fell the most at 2.8%. It was its biggest one-day percentage loss since December 2022. Rug pull sell off or buy the dip opportunity? On Market View, Sean Cheong speaks with David Chow, Director, Azure Capital to find out.See omnystudio.com/listener for privacy information.
7/18/2024 • 18 minutes, 17 seconds
Culture Club: Where you can get your next vintage pieces
Loop Garms is a unique clothing store that focuses on '90s fashion, offering a wide range of items to attract diverse customers. Located on Veerasamy Road, near Jalan Besar station, the store evokes an old-school neighborhood vibe with racks of '80s and '90s apparel and memorabilia, featuring brands like Nike, Adidas, and Fila. The store's philosophy of inclusivity and accessibility drives its success, with prices kept affordable. On Culture Club, Roshan Gidwani speaks to FJ & Isaac, Partners, Loop Garms and STAKEOUT, to find out more on what vintage pieces you should own next. Presented by: Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) , Nadiah Koh, and Simone Chua Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/18/2024 • 15 minutes, 35 seconds
What's Trending: Scientists use karaoke to find out what makes us blush
Ever wondered why your cheeks redden when all eyes are on you? Turns out blushing is a spontaneous emotional reaction. In a bid to trigger blushing in order to study its cause, researchers from the University of Amsterdam asked a group of 16 to 20-year-old females to sing karaoke in front of a camera, and then made them watch a playback of their performances. Also, if you’re headed to wales, you might be in for a treat. The National Eisteddfod will take place next month, and the menu on some trains is expected to look a little different than usual. Trains in Wales are set to serve up seaweed on a new limited edition menu. See omnystudio.com/listener for privacy information.
7/18/2024 • 8 minutes, 46 seconds
Spill The Tea: Bobby Locke almost never lost?
Yes, it’s possible to be too good to be true. There may be a downside though. Bobby Locke, famous golfer was undefeated for 20 years. The golfer finished in the top four in 34 of 59 tournaments at one time. Then a trumped-up charge was brought against him and he was banned. Roshan Gidwani and Willie Keng spill the tea. Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/17/2024 • 4 minutes, 58 seconds
Market View: Small caps, big returns: What’s driving small-cap performance?
Small-cap stocks have recently surged, taking over from large-cap tech stocks as leaders in the current bull market rally. The Russell 2000 index rose 3.5%, reaching its highest level since January 2022. Over the past month, the Russell 2000 has gained 12.8%, significantly outperforming the S&P 500. What’s driving small-cap performance? And what key indicators should traders and investors watch to gauge small-cap performance? Willie Keng speaks to Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore to find out. See omnystudio.com/listener for privacy information.
7/17/2024 • 12 minutes, 2 seconds
R.I.C.H: Achieving success beyond the borders
In this month's edition of The Peak, we delve into an insightful conversation with Nirbhay Handa, the CEO and Co-Founder of Multipolitan, who is at the forefront of a transformative movement, aiming to build a world for the borderless enthusiast. Nirbhay has incorporated innovative strategies to empower global citizens and foster sovereign diversity through Multipolitan, which is reshaping our understanding of citizenship, sovereignty, and global opportunity in a rapidly changing world. On R.I.C.H, Roshan Gidwani speaks to Zat, Editor-in-Chief, The Peak Singapore, to discover the keys to Nirbhay's success, the strategies behind Multipolitan's growth, and his thoughts on the future of global mobility. Presented by: Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Nadiah Koh Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/17/2024 • 14 minutes, 8 seconds
What's Trending: Has one of the world’s rarest whales washed up on a beach?
A whale that was found dead on a beach in New Zealand earlier this month has been identified by scientists as a spade-toothed whale, a species so rare it has never been seen alive. Researchers say the carcass discovery could help them acquire crucial new information about the species. Also, how tornadoes are formed remains one of nature's biggest mysteries. What can we learn from the scientists who are chasing twisters to unlock the secrets of destructive storms?See omnystudio.com/listener for privacy information.
7/17/2024 • 6 minutes, 50 seconds
Culture Club: Breakdown of what each bling means
For this month’s collaboration with The Peak, the issue showcases the most recognizable design elements in the jewellery industry, highlighting the distinctive logos that characterise the histories of well-known maisons. Some of it includes Tiffany & Co.'s Bird on a Rock, which is handcrafted by individual artists, is a representation of nature and colourful stones. Bulgari's serpent, which stands for eternity and rebirth, has developed from watch designs to jewellery. Known for its glitz and intrigue, Cartier's Panther is a classic. Chanel's Lion embodies bravery and strength, whereas Boucheron's Peacock Feather represents life and freedom. On Culture Club, Roshan Gidwani speaks to Yanni Tan, Style & Watches Editor, The Peak Magazine, to find out more about the iconic motifs of these beloved jewellery brands. Presented by: Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) and Nadiah Koh Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/17/2024 • 12 minutes, 28 seconds
Spill The Tea: Is AI fueling uncertainty?
Gaming is also an artistic medium and a frequent concern is that AI will minimize job creation for musicians, writers, programmers and actors that are employed by gaming companies. Roshan Gidwani and Willie Keng spill the tea. Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/16/2024 • 7 minutes, 19 seconds
Market View: Dispelling this one misconception about stock market peaks
Stocks hit new records to kick off the week, driven by more positive comments from Federal Reserve Chairman, Jerome Powell, on cutting interest rates. What does this mean for the strong performing tech sector? With more dovish comments on interest rates, what’s the outlook for US financials? Lastly, there’s one misconception that could misguide investors. Willie Keng speaks to Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund to dispel this myth about stock market peaks..See omnystudio.com/listener for privacy information.
7/16/2024 • 16 minutes, 2 seconds
R.I.C.H: How crucial is a stable mental health in order to achieve success?
Melissa Ng, a successful product strategist, decided to create an app to help individuals understand their mental health using evidence-based methods. After being diagnosed with leukaemia, she developed Bravely, a mental health app, in consultation with therapists and clinics. Launched in late 2023, Bravely provides practitioners with an optimised practice management solution and a digital safe space for individuals to work on improving their mental health together, and she believes Bravely is a rewarding experience for both individuals and their therapists. On R.I.C.H., Roshan Gidwani speaks to Melissa Ng, CEO & Co-founder, Bravely, to find out how she redefined success in the context of mental health. Presented by: Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) , Nadiah Koh, and Simone Chua Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/16/2024 • 17 minutes, 56 seconds
Culture Club: Elevate your wrist game; custom straps for collectors, by collectors
A watch collector’s strap is as much a bold statement as the luxury mechanical instrument attached to it. A perfectly paired strap adds that extra personal flair to our wrists, making our precious timepieces fashion-forward at the same time. That's where Delugs come in. This homegrown watch strap brand is now one of the leading watch strap providers globally, having customized a Mathematics-themed watch box for popular singer Ed Sheeran during his second show in Singapore. Are you looking to elevate your wrist game? On Culture Club, Roshan Gidwani sits down with Kenneth Kuan and Chia Pei Qi, Co-Founders, Delugs for some tips. Presented by: Roshan Gidwani Feature produced and edited by: Nadiah Koh and Simone Chua Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
7/16/2024 • 15 minutes, 12 seconds
What's Trending: Not good enough for Olympic gold? Pick a new sport
What did athlete Beth Potter learn from her first Olympic Games experience? Well, she realized that she wasn't good enough to win a medal on the athletics track. So what did she do? Beth moved to a new city, took up a new sport, and resolved to claim a podium place in that instead. Also, need a natural way to cool down in Singapore's hot and humid weather? Locals in India are turning to cool drinks to combat the country's longest ever heatwave. Gond Katira or tragacanth gum can be derived from more than 2,000 plant species of the Astragalus genus, found from Greece to south-western Asia, with Iran and Turkey being the top producers. See omnystudio.com/listener for privacy information.
7/16/2024 • 8 minutes, 42 seconds
Sports Minutes: Spain reign supreme as England fall short once again
A Monday of congratulations and commiserations, as Spain conquered the continent to be crowned champions of Europe while the wait goes on for England as alas, it DIDN’T come home. On today’s Sports Minutes, Zia-ul Raushan speaks to two fans - Alberto Ramon Siles, a Spanish journalist who hails from Murcia, and Jod Gill, a lifelong England fan and a partner with Deloitte SEA reviewing the final that kept football fans in this region up in the wee hours of Monday night. Were you one of them? Then you’re going to want to tune in! Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
7/15/2024 • 20 minutes, 9 seconds
Sports Minutes: How and why did it all go wrong for Kazuaki Yoshinaga at Albirex Niigata?
For years, Japanese coach Kazuaki Yoshinaga was synonymous with an all-conquering Albirex Niigata, delivering 4 league titles, 2 Singapore Cups, 1 League Cup, 3 Community Shields in his two stints as head coach at the club. But following a poor start to the 2024/25 season, the defending champions announced on July 13 that they have parted ways with the four-time Coach of the Year by mutual consent. Why and how did it amount to this, and what now for the White Swans? Deepanraj Ganesan, sports reporter with The Straits Times, weighs in. READ MORE:https://www.straitstimes.com/sport/football/albirex-niigata-part-ways-with-spl-winning-coach-kazuaki-yoshinaga Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
7/15/2024 • 22 minutes, 7 seconds
Spill The Tea: Kate Torres has been sentenced
Kate Torres has now been sentenced to eight years in prison for human trafficking and slavery. How did the former model who partied with Leonardo DiCaprio and graced the cover of international magazines exploit her followers? Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/15/2024 • 5 minutes, 44 seconds
R.I.C.H: A woman on a mission; from corporate world to climbing mountains
Christine Amour-Levar is a philanthropist, a record-breaking adventurer, climate investor, best-selling author and human rights and sustainability advisor. A passionate champion of female empowerment and environmental conservation, she founded two award-winning, non-profit organisations: Women on a Mission and HER Planet Earth. Today, Christine also runs her own consultancy business focused on social impact and sustainability, and she sits on the boards of Investible VC, the Impact Investment Exchange (IIX), Zero Waste SG, Women for Women International and the Sulubaaï Environmental Foundation. How does this social entrepreneur do it all? How does giving back contribute to a rich and healthy mindset? On R.I.C.H, Hongbin Jeong and Roshan Gidwani sit down with Christine Amour-Levar to find out. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh and Simone Chua Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
7/15/2024 • 15 minutes, 40 seconds
Under the Radar: Making OrangeTee more productive to capture younger homebuyers - its CEO on how the agent-centric business is revamping internally to pursue future growth
Transforming the real estate agency business to better relate to customers and tap demand from younger homebuyers. That’s what we’re going to talk about today. Launched in February 2000, our guest OrangeTee aspires to be a reputable, dynamic and fast growing real estate enterprise in Singapore. The firm prides itself on building trust and long-term relationships and its ability to embrace the old and new to thrive in the realty space. More notably, the associate agencies of OrangeTee and Edmund Tie & Company had in 2017 merged to form OrangeTee and Tie, a move that puts the workforce of the combined entity of over 4,050 property agents. Now, OrangeTee is an interesting company to look at because of a number of things. First of all, the company had a leadership reshuffle at the start of this year, where it appointed a new CEO, Justin Quek, who thereafter headed a brand refresh at the company in a bid to underline the firm’s commitment to simplify the real estate experience. More importantly, the firm also appears to be on the charm offensive to tap a growing group of younger homebuyers and increase productivity. One way it is doing so, is by engaging younger property agents and enabling agents to increase the transaction size of their deals. It is also in the midst of an internal revamp to make the once “agent-centric” business a more “consumer-centric” one, with a consumer-focused “Property Festival” in store for Q3. But how much money can the firm unlock by tapping the younger demographic and what challenges does the company face given the amount of cooperation needed from its thousands of agents to transform the way the firm sells houses? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Justin Quek, Chief Executive Officer, OrangeTee. See omnystudio.com/listener for privacy information.
7/15/2024 • 43 minutes, 27 seconds
Market View: Astrea 8 bonds IPO - how does it fit into an income investor’s portfolio?
Singapore stocks closed in the green today, following some of the global stock market gains. How has markets fared to start the week and what’s driving markets? Meanwhile, Singapore private equity fund, Azalea has also launched a new set of private equity-backed bonds that are close to $800 million. And the issue is set to attract a strong response, thanks to local investors’ keen appetite for yield, amidst an uncertain macro backdrop. But what are the risks? And what should bond investors pay attention to? On Market View, Willie Keng speaks to David Kuo,Co-founder, The Smart Investor, to find out more about the day's developments in markets.See omnystudio.com/listener for privacy information.
7/15/2024 • 16 minutes, 28 seconds
Culture Club: You may have heard of crookies but have you heard of bubble gum croissants?
Bidadarikek, a Muslim-friendly bakery in the West Coast, is known for its affordable $2.70 croissants. Founded by Nur Syafawani, a former tattoo artist, the bakery offers a variety of cream-filled croissants in unique flavours like ondeh ondeh, bubble gum, and Nutella. With 126K followers on TikTok, Syafawani learned baking through YouTube and initially sold made-to-order cakes before opening her shop. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Wani, Director, Bidadarikek, to find out more about its offerings. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada ([email protected]) , Nadiah Koh, and Simone Chua Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/15/2024 • 11 minutes, 28 seconds
What's Trending: Was the attempted assassination on Donald Trump staged?
Donald Trump narrowly escaped an attempt on his life with a bullet through an ear during a campaign rally on July 13. Within minutes of the news breaking, the word "staged" was trending on X in the United States. Why are there conspiracy theories going around social media? Also, Samsung is hoping to lure fitness and health-tracking technology lovers with its newest wearable device - the Galaxy Ring. It launched the device at its Galaxy Unpacked event on Wednesday as the latest addition to its ecosystem of devices it says it is "supercharging" with AI. See omnystudio.com/listener for privacy information.
7/15/2024 • 10 minutes, 24 seconds
Sports Minutes: Dorcas Chu on the Lionesses’ upcoming match against Macau, overcoming her ACL nightmare & career aspirations
The Singapore Women’s National Team are set to play their FIRST match on home soil in more than a year, when they take on Macau on July 16th at the Jalan Besar Stadium. So have you got your tickets to go support Team Singapore? Well if you haven’t - allow Dorcas Chu, who has battled the odds to overcome an ACL injury and returned to the National Team squad, to convince you. Tune in as Sports Minutes gets the latest on how the Lionesses are preparing for the upcoming test, and why you should make a date to go cheer on the girls! Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
7/12/2024 • 23 minutes, 39 seconds
Spill The Tea: Should K-pop be AI created?
Several of the K-pop's biggest stars have now used AI to create music videos and write lyrics, including boy band Seventeen. Last year the South Korean group sold around 16 million albums, making them one of the most successful K-pop acts in history. But it’s their most recent album and single, Maestro, that’s got people talking. The Evening Runway crew discuss. Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/12/2024 • 7 minutes, 5 seconds
Market View: Singapore’s Q2 GDP beat; Mapletree Logistics Trusts on negative rental reversions in China; TSMC Q2 results could fuel rally; Softbank acquires Graphcore; Boeing vs Korean Air; Tesla’s frenetic rally
Singapore stocks advanced this morning, following better-than-expected gross domestic product growth in the second quarter of 2024. The Straits Times Index (STI) opened 0.5 per cent higher at 3,492.95 points after 70.2 million securities changed hands in the broader market. In terms of companies to watch today, we have Mapletree Logistics Trust after the trust’s manager said it expects negative rental reversions in China to persist over the next few quarters. Meanwhile, from a quick look at Singapore’s Q2 GDP numbers to Tesla’s frenetic rally losing steam, more local and corporate headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments moving markets for the day.See omnystudio.com/listener for privacy information.
7/12/2024 • 12 minutes, 28 seconds
R.I.C.H: "I'm busy, I don't have time for hate"- A girl boss' mindset
Charina Widjaja, a Her Times Youth Entrepreneur Award winner, is the founder of three organizations: DFW Creative Pte Ltd, NXT Interactive Pte Ltd, and Personaje Studio Pte Ltd. Charina's strategic approach emphasizes digital outreach, partnerships, and collaborations, driving enterprise success. So how does she juggle all three successful businesses at once? And what can we learn from her story so you can become the next "Girl Boss"? On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Charina Widjaja, CEO, DFW Creative Pte Ltd, to find out how. Produced and Edited by Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/12/2024 • 19 minutes, 2 seconds
Culture Club: The scentimental power of fragrance to life your spirits
Have you ever wondered why the smell of lavender can calm your nerves or why a citrus scent can instantly energise you? It's because scents have the unique ability to transport us to different times and places, evoking strong memories and emotions. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Jason Lee, the founder and CEO of Scent by Six, to share his journey of creating Scent by Six, the inspiration behind his fragrances, and how he believes scents can be a force of comfort and healing. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh and Alexandra Parada Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
7/12/2024 • 15 minutes, 19 seconds
What's Trending: Beauty and the... Bots
On What's Trending, AirAsia X (AAX) has announced a new route to Africa, connecting Singaporean travellers to Nairobi, Kenya via Kuala Lumpur. And there's a video which features a DJ in a safari setting, surrounded by giraffes and zebras. The caption suggests he is having the time of his life, with aerial shots of the animals and one animal looking at the DJ confused but slightly entertained. Also, the first MISS AI beauty pageant, the first of its kind, has just been announced, with the first winner being Kenza Layli, a Moroccan lifestyle influencer who aims to bring diversity and inclusivity to the AI creator landscape. With nearly 200,000 Instagram followers and 45,000 on TikTok, Layli is entirely AI-generated, from her images to her captions and acceptance speech. However, experts have expressed concern about the implications of an AI beauty pageant, as stylized AI-generated images may further homogenize beauty standards.See omnystudio.com/listener for privacy information.
7/12/2024 • 10 minutes, 10 seconds
Spill The Tea: Ambani wedding-Yay or Nay?
Is the upcoming Ambani wedding a mockery of the wealth divide in India or was it carried out in such a lavish way to garner business, or pleasure? Mr. Ambani's personal fortune is over 100 billion dollars. Is that a reason to spend so freely or should the family focus on philanthropy also? The Evening Runway crew discuss. Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/11/2024 • 6 minutes, 24 seconds
Market View: Testimony by Fed Chair Jerome Powell, US CPI and Sep rate cut projections; Vietnam Airlines as world’s best-performing airline stock; Movements in V2Y, Second Chance Properties, Keppel, Keppel DC Reit and more
Singapore equities gained steadily at the opening bell today, mirroring strong overnight gains in global markets. In early trade, the Straits Times Index (STI) rose 0.6 per cent after 49.3 million securities changed hands in the broader market. In terms of companies to watch, we have Keppel and Keppel DC Reit. That’s as the data centre Reit and its sponsor are jointly acquiring a 100 per cent interest in a shell and core data centre based in Tokyo, Japan. We’ll also have more on SGX companies V2Y Corporation and Second Chance Properties. Elsewhere from more on expectations on the latest US inflation data out tonight, to Fed Chair Jerome Powell’s testimony to lawmakers, more international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
7/11/2024 • 16 minutes, 16 seconds
R.I.C.H: Passion without structure is just chaos - Erwan Heussaff
Erwan Heussaff is a renowned French-Filipino content creator, entrepreneur, and gastronome who has made significant strides in the digital media and culinary world. With a passion for food, travel, and storytelling, he founded FEATR, a pioneering digital media company in the Philippines that has captivated millions of followers. Through FEATR, Erwan produces high-quality shows and documentaries that explore diverse subjects, from traditional cooking methods in the Cordilleras to the state of salt-making in the Philippines. His work not only entertains but also educates and promotes Filipino culture and cuisine on a global scale. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Erwan Heussaff, Founder, FEATR MEDIA, to find out more. Produced and Edited by Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/11/2024 • 18 minutes, 43 seconds
Under the Radar: How are legacy firms in the maritime industry tapping the startup ecosystem for future growth – Wilhelmsen sheds light on the matter.
Tapping emerging opportunities in the maritime industry – that is what we’re going to talk about today. Founded in Norway in 1861, our guest is the corporate investment arm of Wilhelmsen. Wilhelmsen, for context, has one of the world’s largest maritime networks on call 24/7 to provide essential products and services to the merchant fleet. With thousands of employees spread across close to 60 countries, the company is said to supply crew and technical management to the largest and most complex vessels ever to sail. But perhaps what is more exciting about this century old global maritime industry group is how it is leveraging the startup ecosystem to sieve out new opportunities and pockets of growth. For one thing, Wilhelmsen came up with a joint venture with German engineering firm thyssenkrupp called Pelagus 3D to use 3D printing technologies to make custom, standard and obsolete spare parts on-demand. The question is – how far will corporate venture initiatives help position the firm for future, and ride the wave of the transforming maritime industry? Meanwhile, Singapore had in 2021 set out its ambitions to make the country the Silicon Valley of maritime technology, raising its 2025 target for the number of maritime startups up from 100 to 150. So what opportunities does the geographical market present for old-timers and legacy firms like Wilhelmsen? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Nakul Malhotra, Vice President, Emerging Opportunities Portfolio, Maritime Services, Wilhelmsen.See omnystudio.com/listener for privacy information.
7/11/2024 • 27 minutes, 22 seconds
Culture Club: How the legacy of Titoudao is impacting Singapore’s theatrical landscape
Have you ever seen a wayang performance, or street opera, before? If not, there's an iconic play in town called Titoudaothat might be the perfect introduction to this traditional art form. First staged in 1994, Titoudao returns for its 30th anniversary, captivating audiences with its rich storytelling and cultural significance. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Goh Boon Teck, Playwright, Director & Designer, Titoudao, Chief Artistic Director, Toy Factory Productions, and Tan Rui Shan, Lead Actress, Titoudao, to share more about the challenges of bringing this story to life, and the exciting elements of the 30th-anniversary staging.See omnystudio.com/listener for privacy information.
7/11/2024 • 14 minutes, 11 seconds
What's Trending: The hottest property in town
On What's Trending, Joe Biden's health has been a topic of debate following the June 27th presidential debate. There has been a heated exchange between Biden's press secretary and journalists about the visit of a Parkinson's disease specialist to the White House. Also, a sauna cabin outside a HDB flat has sparked a heated debate among netizens, raising questions about the allowed items in common spaces of HDB blocks. The cabin, which appears to be no longer in use, is surrounded by over 40 potted plants, cabinets, bicycles, and a sofa.See omnystudio.com/listener for privacy information.
7/11/2024 • 7 minutes, 58 seconds
Spill The Tea: Alec Baldwin's manslaughter trial begins.
The famous Actor, Alec Baldwin, who is 66 years old now, faces an involuntary manslaughter charge, which he denies, in the October 2021 death of cinematographer Halyna Hutchins. A jury has been picked to hear the trial of Alec Baldwin for a fatal shooting on a film set in New Mexico. Hongbin Jeong, Roshan Gidwani and Chua Tian Tian spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/10/2024 • 5 minutes, 22 seconds
Sports Minutes: Quah Ting Wen on her ‘shock’ Olympics omission, how it could have been dealt with better and the road ahead
The Singapore Aquatics has recently been in the headlines for the shock omission of 3-time Olympian Quah Ting Wen from it’s swimming contingent heading to the 2024 Paris Olympics. Described by some as a ‘baffling and confusing’ decision, just how and why did it amount to this for the 31-year old - who up until 5th July 2024 was expecting to be on the plane to Paris? Ting Wen herself joins us on Sports Minutes to clarify the ifs, buts and hows. READ MORE:https://www.straitstimes.com/sport/singaporean-swimmer-quah-ting-wen-fails-in-appeal-for-paris-olympics Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
7/10/2024 • 28 minutes, 16 seconds
R.I.C.H: How this doctor transformed his clinic to a Pop Mart paradise
Dr. SM Yuen, a Derma-Regeneration Aesthetics medical doctor, has been passionate about art toys and brick art since childhood. He grew up with Lego and enjoys alternate builds and own creations. He moved his clinic to Suntec City and uses popmart art toys as color pops and accents, creating a modern, chic, and zen environment for patients. He currently owns 15 larger popmart art toys and 400% Space Molly designs. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Dr SM Yuen, Medical Director, Atlas Medical Derma-Regen Clinic, to share more about his collection. Produced and Edited by Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/10/2024 • 18 minutes, 49 seconds
Market View: Fed Chair Jerome Powell hints at rate cut; Yoma Strategic clarifies on reports against Exec Chairman; Sats restructures gateway services business; China’s June CPI disappoints; Baidu shares jumps popularity of robotaxis; Tesla’s weightage on Cathie Wood’s ARK Innovation ETF and more
Singapore stocks extended the previous day’s rally to open higher today, following a mixed overnight performance in global markets. In early trade, the Straits Times Index (STI) gained 0.3 per cent to 3,434.74 points after 32.4 million securities changed hands in the broader market. In terms of companies to watch for today, we have Yoma Strategic, after the Myanmar-focused company today clarified that no charges have been filed against its executive chairman Serge Pun. Elsewhere, from Sats restructuring its gateway services business to Beijing’s stance on robotaxis and the country’s inflation numbers – more corporate and international headlines remain in focus. Also on deck – Tesla and Cathie Wood. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Carl Ashton, Investment Counselor, Citi Private Bank.See omnystudio.com/listener for privacy information.
7/10/2024 • 13 minutes, 34 seconds
What's Trending: Are you the next Miss Universe Singapore?
On What’s Trending, a study by Bristol University suggests that regular saving can improve sleep and life satisfaction, even if only a small amount is set aside. The research, which found that a quarter of UK adults have savings of less than 100 pounds, suggests that regular savers on low incomes have similar life satisfaction levels as richer non-savers. The study also found that regular savers on low incomes have similar life satisfaction levels as richer non-savers. Also, Miss Universe Singapore (MUS) has expanded its contestant pool to include all Singapore citizens, regardless of marital status or children. The competition is now open to all Singaporeans, regardless of marital status or children. However, contestants must be at least 18 years old, based in Singapore, and have been residing in the country for at least six months before September 1, 2024. The top prize is $10,000, and the winner will represent Singapore at Miss Universe 2024 in Mexico in September. The Miss Universe Organisation has removed the upper age limit from 2024.See omnystudio.com/listener for privacy information.
7/10/2024 • 7 minutes, 42 seconds
Spill the Tea: Where is Clinton Kane from?
Clinton's a clown! The singer, has an Australian accent apparently. Is he from Australia? Did multiple family members of his pass on? His ex-girlfriend spilled the tea about their relationship as did Hongbin Jeong and Roshan Gidwani about the singer himself and his antics. Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/9/2024 • 5 minutes, 52 seconds
Under the Radar: Behind American Standard, Grohe - LIXIL on growth opportunities in the plumbing fixtures industry, role of Singapore market amid lower global home sales and property slump in China
We’re going to talk all about bathroom and kitchen fixtures today. Now, the next time you visit the bathroom, take a look at the brand of the sinks and toilets. Chances are – they’re of the American Standard and Grohe brands. But did you know that they are all part of a leading Japanese home and water products giant called LIXIL? Born in 2011 through a merger of five of Japan’s most successful building materials and housing companies, LIXIL makes pioneering water and housing products with the aim of making better homes a reality for everyone everywhere. Just to give you a sense of the company’s scale, LIXIL has approximately 60,000 employees in over 150 countries around the globe, having expanded to international markets through the acquisition of North American plumbing fixtures maker American Standard and German manufacturer Grohe. Its reach – a whopping one billion people each day through its portfolio of 15 product brands. This is no surprise given the size of the global plumbing fixtures market, with Precedence Research valuing it at US$90.11 billion in 2023. That figure is expected to reach US$140.21 billion by 2033, translating into a CAGR of 4.52% from 2024 to 2033. But what is LIXIL’s assessment of the market and what will be the key drivers of growth? Meanwhile, makers of building fixtures appear to be weighed down by lower home sales amid elevated global interest rates, as well as a property slump in markets such as China in the near term. But how does LIXIL intend to navigate this, and how far will Singapore act as a buffer against short-term volatilities for LIXIL? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Koh FuSheng, Leader, Singapore, LIXIL Water Technology APAC. See omnystudio.com/listener for privacy information.
7/9/2024 • 35 minutes, 49 seconds
Culture Club: Ladies, step in style with your perfect solemate
DMK, a local footwear brand, started 24 years ago as a small brick-and-mortar store for women looking to find the perfect shoe for their broader feet. Today, the brand has expanded its footprint in Singapore to seven outlets, and branched out overseas to several markets across Asia. And the core values of their business remains the same - to help women look and feel good through fashion footwear. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Eileen Goh, Chief Commercial Officer, DMK, to find out more how it is helping make women feel confident one step at a time. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh and Alexandra Parada Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
7/9/2024 • 19 minutes, 12 seconds
Market View: Temasek Review 2024 – How will elections, geopolitical tensions globally influence the state investors’ investment decisions, and what is its stance on Generative AI?
We usually talk about the closing numbers on the SGX at this hour, but today is a special day because we’re going to take you through the latest performance of Singapore’s state investor Temasek, out just a couple of hours ago. Temasek is no stranger to Singaporeans. Founded in 1974, the global investment company has a network of 13 offices across nine countries. The company has a long term investment horizon, where activities are guided by its views on long term structural trends. It also invests off its own balance sheet, which means that the firm is not constrained by the so-called ‘fund life’. In its latest Temasek Review 2024 out today, the company said its performance over the long term remained resilient, with its net portfolio value having steadily grown over the past two decades across market cycles. Its net portfolio value or NPV stood at S$389 billion for the financial year ended 31 March 2024, and marking its unlisted portfolio to market would provide a value uplift of S$31 billion and bring its Mark to Market NPV to S$420 billion. Temasek said the increase in portfolio value was largely due to investments returns from the US and India, while Chinese capital markets weighed on its performance. Meanwhile, the state investor also noted that its 20-year and 10-year Total Shareholder Return (TSR) remained stable. But how does Temasek assess its overall performance, and where is it investing next? On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Connie Chan, Head of Financial Services, Temasek. See omnystudio.com/listener for privacy information.
7/9/2024 • 31 minutes, 25 seconds
What's Trending: Tokyo elections with the wackiest candidates
On What's Trending, Tokyo Governor Yuriko Koike has secured a third term. But the election was marked by unusual campaign tactics from a record 56 candidates - these included outlandish stunts like dressing as "The Joker," nearly nude women, pets, and an AI character, overshadowing serious campaigning. But despite the oddities, such tactics were legal under Japan's election laws, which allow free speech as long as it doesn't support other candidates or spread false information. Also, Copenhagen's tourist board has announced a trial scheme called "CopenPay" to reward environmentally friendly tourists for activities such as litter-picking, public transport, or cycling around the city. The initiative, which begins on 15th July, offers free food, activities, lunches, coffees, glasses of wine, and kayak rentals in return for their work.See omnystudio.com/listener for privacy information.
7/9/2024 • 8 minutes, 57 seconds
Spill the Tea: Should stray dogs be euthanised?
It's a problem that has the public divided in Turkey. Are stray dogs a neighborhood fixture to be looked after and loved? Or does the government need to take more drastic solutions including euthanasia? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at: [email protected][email protected][email protected] See omnystudio.com/listener for privacy information.
7/8/2024 • 5 minutes, 22 seconds
Sports Minutes: Lion City Sailors continue their trend of flattering to deceive. Are we right to expect more?
FOUR is the magic number on this episode of Sports Minutes - as the Euros reaches the semi-final stage and the FINAL FOUR tussle it out for a place in Sunday’s final. Who is most deserving of their spot, and who will conquer the continent? Plus, the top FOUR in the Singapore Premier League all clinched victories over the weekend, but who was MOST impressive? Deepanraj Ganesan weighs in! Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
7/8/2024 • 24 minutes, 16 seconds
Market View: NASDAQ, S&P 500 hit records on Friday; US nonfarm payrolls for June; CapitaLand India Trust on Fitch BBB- rating; SIA and Garuda Indonesia on JV agreement; Million-dollar HDB flats; TSMC rose to intraday record high in Taipei; Euro slips on snap French elections
Singapore shares edged lower at the opening bell today, maintaining a downtrend from Friday’s closing in the prior week. In early trade, the Straits Times Index (STI) fell 0.2 per cent to 3,405.04 points after 35 million securities changed hands in the broader market. In terms of companies to watch, we have CapitaLand India Trust. That’s as CapitaLand India Trust announced today that Fitch Ratings has assigned it a first-time long-term issuer default rating of “BBB-” amid a stable outlook. Elsewhere, from TSMC shares soaring to a record intraday high in Taipei to market reactions to the latest snap elections in France, more corporate and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
7/8/2024 • 15 minutes, 15 seconds
R.I.C.H: Do you have what it takes to be ‘CEO material’?
Glenn Gore is the CEO of Temasek-backed Affinidi, a company focused on empowering individuals through data ownership and redefining data usage with concepts like zero-party data and Holistic Identity. And Glenn has a CEO mindset - emphasising the abundance and growth mindsets which every successful leaders possess. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Glenn Gore, CEO of Temasek-backed Affinidi, to find out more.See omnystudio.com/listener for privacy information.
7/8/2024 • 14 minutes, 33 seconds
Culture Club: Wallich the 9th awaits you at this ultra-lounge
Wallich Manor, a party hotspot in Sofitel Singapore City Centre, is known for its high-energy cocktails and delectable contemporary European cuisine. The brand is under the Tipsy Collective brand, but has a different approach compared to its sister concepts -- Wallich Manor has tapped a hip-hop pioneer to curate its music. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Rae Ng, Marketing and Communications Director of Tipsy Collective, to find out more.See omnystudio.com/listener for privacy information.
7/8/2024 • 12 minutes, 12 seconds
What's Trending: Bride Beliebers going "That Should Be Me"
On What's Trending, US actor and wrestler John Cena has announced his retirement from competing in World Wrestling Entertainment (WWE) events. Cena, known for his roles in movies and TV shows, announced his retirement during an appearance at the WWE Money in the Bank event in Canada. He announced his final in-ring competition will be in 2025 as part of a farewell tour. Also, how much are you willing to pay for your favourite celebrity to perform at your wedding? Well, India's richest man, Mukesh Ambani, hosted a lavish wedding celebration for his son, Anant Ambani and Radhika Merchant by inviting Justin Bieber, who performed his 2015 hit "Sorry" at the ceremony, is rumored to have been paid up to US$10 million (S$13.5 million). Ambani, who is the 11th wealthiest person in the world, has held the most expensive wedding in India in 2018, which reportedly cost US$100 million.See omnystudio.com/listener for privacy information.
7/8/2024 • 7 minutes, 59 seconds
Spill The Tea: U.S. cities can punish homelessness.
The Supreme Court finally ruled that cities were clear to prohibit homeless people sleeping outside in public places. Will this help or hurt a crisis? Roshan Gidwani and Hongbin Jeong spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/5/2024 • 5 minutes, 48 seconds
Sports Minutes: Bernice Wong, the FIRST female general manager of an SPL club
Long labelled as 'a man's game', the gender inequality connundrum in football goes beyond just the pitches - extending to roles in management and even administration. It's no wonder then that the appointment of 35-year old Bernice Wong as the General Manager of Geylang International, the FIRST female general manager of an SPL club, has raised more than a few eyebrows. Just how did Bernice overcome the odds (and stereotypes) to land the role, what is she doing differently and how is she going to use it to pave the way for others? We speak to her on Sports Minutes to find out! READ MORE:https://www.straitstimes.com/sport/football/geylang-international-s-bernice-wong-is-singapore-premier-league-s-1st-female-general-managerGot a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
7/5/2024 • 23 minutes, 3 seconds
K-Experiences: The Evening Runway crew is releasing a new K-Pop hit single?!
On K-WAVE, Hongbin Jeong is joined by The Evening Runway crew- Roshan Gidwani and Chua Tian Tian for this latest experience. They come together to release an EP! Or are we? Perhaps not, but they just may be one step closer as they take on a Korean singing class. See omnystudio.com/listener for privacy information.
7/5/2024 • 10 minutes, 19 seconds
Under the Radar: How far is precision manufacturer Fu Yu Corporation seeing the green shoots of growth post-strategic review?
Today we’re going to talk to a Singapore listed company that is said to be the country’s oldest and one of Asia’s largest manufacturers of high-end precision plastic and metal components and products. With over 45 years of manufacturing experience, our guest Fu Yu Corporation operates six manufacturing sites across Singapore, Malaysia and China. The firm serves a wide range of sectors including automotive, biomedical and consumer products, making products such as water filters, medical endoscopes and more. More notably, the company also expanded its offering to provide supply chain solutions at the height of the pandemic in 2021. But why are we talking about Fu Yu Corporation you might ask? Well, the firm had in November last year completed a strategic review where it outlined new transformation strategies to build a stronger business foundation, open up new business opportunities and enhance shareholder value. That’s amid an economic slowdown in China, rising interest rates globally and customers holding large stockpiles of inventory post-pandemic. To this end, the firm said then that it has doubled down on investments on machinery and manpower to manufacture higher precision products such as plastic lenses for electric cars and other biomedical products – but why is it moving up the value chain – and how far have the investments reaped rewards now that we are in 2024? Meanwhile, Fu Yu Corporation posted a net profit of S$5,200 for the first quarter of its 2024 fiscal year ended March, marking a reversal from a net loss of S$2.4 million seen in the same period last year. The showing comes as revenue in the quarter more than doubled on the year to nearly S$79 (S$78.9 million), driven by higher contributions from the company’s supply chain services management arm. Question is – what are the trends bolstering demand for the firm’s supply chain management services? Also – where would Fu Yu Corporation then put its resources into to tap future growth in future? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to David Seow, Group CEO of Fu Yu Corporation Limited. See omnystudio.com/listener for privacy information.
7/5/2024 • 27 minutes, 31 seconds
Market View: If US job data solidifies a September rate cut, can markets rally for the rest of the year?
Singapore shares ended the day in negative territory. The STI closed down 0.85% at 3,410 points. Across the broader market, losers outnumbered gainers 296 to 257 after 1.07 billion securities worth S$812.29 million changed hands. Singtel shares was actively traded today, after hitting a high of $2.90. Despite some selling mood today, can Singtel shares move up another level? Meanwhile, in global markets, global equities are scaling record highs, as traders turn their attention toward Friday’s crucial US jobs data. So what can we expect from the data? If the data solidifies that we can be hopeful for a September rate cut - can markets continue on this rally for the rest of the year? On Market View, Hongbin Jeong speaks to Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS, to find out more. See omnystudio.com/listener for privacy information.
7/5/2024 • 13 minutes, 22 seconds
R.I.C.H: A collector who has Disneyland in her own bedroom
Do you agree that Disney World is the happiest place on earth? One toy collector might agree because she has a collection which looks like it came out of a Disney dreamland. She’s also a successful blogger who has managed to turn her hobby into a thriving business. Hongbin Jeong and Roshan Gidwani speak to Falin, Disney blogger and toy collector, Timetoplaytoys, to find out more. See omnystudio.com/listener for privacy information.
7/5/2024 • 14 minutes, 55 seconds
Culture Club: Hop through the Shades at this four-story cocktail playground
White Shades is a pioneering cocktail destination nestled in Singapore’s Central Business District on Boon Tat Street. Founded by Jiawei, recognized for his innovative contributions to mixology, White Shades offers a distinctive blend of Japanese-inspired speakeasy ambiance, meticulously crafted highball cocktails like the PawPaw Plum and Smoky Inferno, and a revamped izakaya-style food menu. Guests can also embark on the exclusive "Hop through the Shades" experience, traversing multiple levels to enjoy bespoke cocktails culminating in a creation by Jiawei himself. On Culture Club, Hongbin Jeong and Roshan Gidwani speak to Jiawei Bia, Founder, White Shades, to find out more.See omnystudio.com/listener for privacy information.
7/5/2024 • 11 minutes, 51 seconds
What's Trending: Puppy love? Dog weddings on the rise in China
Pet weddings are on the rise in China, where government policies have had little success in encouraging more humans to wed in this fast-ageing society. The popularity of pets and an increasing willingness to splurge on them are driving the trend. Also, The Lone Pine Koala Sanctuary – a Brisbane icon which bills itself as the world’s first koala sanctuary – has decided it will no longer offer “koala hold experiences”. Lone Pine said the move is in response to increasingly strong visitor feedback. Will others follow? See omnystudio.com/listener for privacy information.
7/5/2024 • 7 minutes, 39 seconds
Spill the Tea: Beware how you’re swayed!
John Mark Dugan, an American ex-cop now lives in Moscow and runs a network of AI-powered fake news sites! Beware, for what you read may not be factual! Roshan Gidwani and Hongbin Jeong spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/4/2024 • 6 minutes, 54 seconds
Market View: DBS, UOB, OCBC shares swell up - Will they continue to rise?
Singapore equities closed in the green today, continuing their rally after global markets booked strong gains overnight. Our trio of banks also swell to almost half of ST Index after a recent run-up. So what’s driving this rally? And can the banks rise even further in the coming weeks? Meanwhile, in global markets, the red-hot Washington debate over whether US President Joe Biden will scrap his run for re-election is spilling into Wall Street, where traders are shifting money to and from the US dollar, Treasuries and other assets that would be impacted by Donald Trump’s return to office. So what will it mean for markets if Joe Biden withdraws for this year’s election? To find out more, Hongbin Jeong speaks to Terence Wong, CEO Azure Capital, on Market ViewSee omnystudio.com/listener for privacy information.
7/4/2024 • 14 minutes, 48 seconds
R.I.C.H: Udderly self-made boss keeping the ice-cream business cool
Udders is one of the most popular ice cream stores in Singapore. Most Singaporeans would have spent their weekends at Udders’ ice cream parlour back in the day. After all, Udders was known as the OG, well before the trend of local Singaporean ice cream cafes. Now, 18 years after it was established, the Udders brand is still thriving and growing. How did a passion project born out of the living room become so successful? Peck Lin Wong, Founder and Chief Milkmaid of Udders reflects on that journey. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] See omnystudio.com/listener for privacy information.
7/4/2024 • 16 minutes, 10 seconds
Culture Club: Vietnamese cuisine with a low-key modern spin at Lộ Quậy
Lộ Quậy is a vibrant dining hotspot located on Amoy Street in Singapore, renowned for its innovative approach to New Vietnamese cuisine. Recently, Lộ Quậy has transformed its dining concept to a freestyle dining experience, driven by the evolving preferences of modern diners. This new format features an ever-changing menu of small plates designed for sharing, allowing guests to craft their own culinary journeys and ensuring that each visit offers a unique experience. On Culture Club, Hongbin Jeong and Roshan Gidwani speak to Quynh, Chef, Lộ Quậy, and Clem, Restaurant Manager, Lộ Quậy, to find out more about their take on Vietnamese cuisine.See omnystudio.com/listener for privacy information.
7/4/2024 • 10 minutes, 44 seconds
What's Trending: Why's the Empire State building beefing with The Chicago Bean?
On What's Trending, New York City and Chicago are in a virtual spat after the Empire State Building's official X account threw shade at Chicago's iconic Cloud Gate, also known as the Bean. This sparked mixed reactions among users, with some finding humor in the "feud". Also, a painting described as a masterpiece which was found in a plastic bag after being stolen has sold for almost £18m at auction. Called Rest On The Flight Into Egypt, it was painted by Venetian master Titian when he was aged just 20 in 1510. The work was stolen from the drawing room of stately home Longleat in Wiltshire in 1995, but was found seven years later in a plastic carrier bag in London. See omnystudio.com/listener for privacy information.
7/4/2024 • 7 minutes, 39 seconds
Sports Minutes: From Buangkok to Brunei, the FIRST Singaporean team to compete in a regional futsal league
The Kampung Buangkok futsal team is set to make history as the first Singaporean futsal team to compete in an overseas league. The team will compete in the Brunei Futsal League 2024, which is expected to kick off in August 2024. Impressed? Wait, there's more! Their participation will be completely self-funded and is expected to cost approximately SGD$90,000. So why are this team putting their money where their mouth is, hoping to "showcase the potential of futsal in Singapore and inspire others to take up the sport"? We speak to Luis Lim, team captain and Kenneth Kwang, team goalkeeper & spokesperson, to find out! Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
7/3/2024 • 14 minutes, 48 seconds
Spill the Tea: Should older actors de-age?
In Tom Hanks’s new movie, Here, he’s seen as a teenager again. Should older actors be using technology to look younger or should the parts be given to up and coming actors? Roshan Gidwani and Hongbin Jeong spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/3/2024 • 6 minutes, 16 seconds
Market View: Jerome Powell on reaching 2% inflation target by 2025, 2026; Wall Street optimism; Singapore banks maintain rising trajectory, DBS, OCBC soars to record highs; China’s services activity expanded at slowest pace in eight months; EU draws up plans to impose custom duties on cheap goods from Temu, Shein and more
Singapore equities maintained their strong uptrend this morning after global equities ended mixed overnight. In early trade, the Straits Times Index (STI) climbed 1 per cent to 3,401.7 points after 36.9 million securities changed hands in the broader market. In terms of developments to watch, we have Keppel, after it merged two indirect wholly owned subsidiaries, Keppel Fund Management and Keppel Capital Alternative Asset, to streamline the company’s organisational structure. Elsewhere, from Fed Chair Jerome Powell’s comments on inflation at a forum on central banking to Chinese services activity growth hitting a 8-month low – more international headlines remain in focus. Also in store – how the trio of local banks continued their rising trajectory after setting fresh records in the previous session. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Eddy Loh, Chief Investment Officer, Maybank Group Wealth Management.See omnystudio.com/listener for privacy information.
7/3/2024 • 13 minutes, 12 seconds
Under the Radar: Sony Music Entertainment on ASEAN pop culture, Singapore as a live music hub, relationship between record labels and streaming, social media platforms, stance on AI
Pop diva Celine Dion, American country music singer Nate Smith, and Korean girl group Blackpink’s Lisa. They have all worked with the company we’re going to talk to for today, in one capacity or another. With a footprint spanning across 100 countries, our guest Sony Music Entertainment, an American music recording company owned by the Sony Music Group. The company prides itself as sitting at the intersection of music, entertainment and technology, bringing imagination and expertise to the newest products, platforms, embracing new business models and breakthrough tools as it helps artists push through creative boundaries and reach new audiences. It supports a diverse roster of international superstars, developing and independent artists and visionary creators, and is said to be one of the big three recording labels in the world as of last year. According to data from Statista, Sony Corporation's music segment revenue for 2023 stood at a whopping US$10.35 billion, up from the US$9.15 billion seen in FY2022. But to what extent is this driven by Sony Music Entertainment, and how far have markets in Southeast Asia, and in particular Singapore, Malaysia and Vietnam contributed to the numbers? Which are the key trends to watch in the music industry and which will be the key markets that will lead the pop culture in ASEAN? How will changing patterns in music consumption augment the power dynamics between record companies and streaming players, and increasingly, social media platforms? And what value does Singapore bring to record labels with the country being the hotspot for live music events with global acts by international names such as Tate Mcrae and Laufey? Plus – what is Sony Music Entertainment's stance towards the use of artificial intelligence in music creation? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Kenny Ong, Managing Director for Malaysia, Vietnam and Singapore and Special Projects Southeast Asia, Sony Music Entertainment.See omnystudio.com/listener for privacy information.
7/3/2024 • 41 minutes, 49 seconds
R.I.C.H: Why the young and wealthy are fueling demand for art
Traditionally, art collecting has been associated with older, affluent individuals, but millennials are rapidly embracing art as an alternative investment. So, what is driving this shift? What are they collecting? And how can aspiring collectors get started? Kim Tay, Co-Founder, and Gallery Director of The Artling explains. The Artling is an international Art and Design consultancy and online gallery focused on highlighting the best of contemporary art and design.The Artling offers consultancy services to both private and corporate clients, working with private collectors and with interior designers, architects and property developers. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
7/3/2024 • 15 minutes, 18 seconds
Culture Club: Where you can unleash your inner Tarzan
Houbii Spot is an adventure park located within the Singapore Zoo, designed for thrill-seekers and adventurers of all ages. Known for its expansive and challenging rope courses, Houbii Spot features a variety of obstacles that test physical prowess and agility. The park recently doubled its size, adding even more exciting elements, including the new "Tarzan" obstacle, which allows participants to glide across platforms using their own momentum. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Bruno Wauters, Co-Founder and CEO, Houbii Spot, to find out more about this new thrill-seeking adventure. Produced and Edited by Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/3/2024 • 11 minutes, 59 seconds
What's Trending: Would you try sweet cup noodles?
On What's Trending, Jeff Bezos, the CEO of Amazon, owner of Blue Origin, and a billionaire investor, prioritises his day to ensure adequate sleep and rest. In a video shared on social media, Bezos shares his morning routine, including finishing high IQ meetings before lunch and getting eight hours of sleep. Also, Cup Noodles, the world's first instant noodles brand, is introducing a new flavour called "Cup Noodles Campfire S'mores." This limited-edition offering combines microwavable noodles with a sauce-based flavour blend of chocolate, marshmallow, and graham crackers, along with additional mini marshmallows.See omnystudio.com/listener for privacy information.
7/3/2024 • 8 minutes, 23 seconds
Market View: Markets ahead of Powell’s speech; Nvidia, Apple, Microsoft, Roaring Kitty vs Chewy; HK-listed Chinese property firm surges; Samsung workers to strike; UMS acquires 2.2 hectares land in Penang; Oiltek International’s subsidiary bags new contracts
Singapore shares were pulled into positive territory today, tracking overnight gains in US and Europe markets. In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,344.94 points after 44.1 million securities changed hands in the broader market. In terms of companies to watch, we have UMS, after the semiconductor company acquired 2.2 hectares or about 235,000 square feet of leasehold industrial land in Penang, Malaysia, for RM15.2 million (S$4.5 million). Elsewhere from more on how Hong Kong-listed Chinese property companies surged today to a rebound for tech titans Apple, Nvidia and Microsoft – more corporate and international headlines remain in focus. Also on deck – what to watch when it comes to Nike, Lululemon, Roaring Kitty and Chewy. On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Thomas Chua, Founder, Steady Compounding.See omnystudio.com/listener for privacy information.
7/2/2024 • 15 minutes, 1 second
Spill the Tea: Myka Stauffer, a real mommy?
Myka Stauffer, a YouTube star wanted to lower her expenses when it came to her adopted child. Instead of paying for higher therapy sessions, she vlogged that she would prefer the cheaper ones. All this was done whilst she had a Cartier bracelet on. Was she being too honest? Where do her priorities lie? Roshan Gidwani and Hongbin Jeong spill the tea! Get in touch with our anchors at [email protected], [email protected] and [email protected]. See omnystudio.com/listener for privacy information.
7/2/2024 • 6 minutes, 38 seconds
R.I.C.H: From $70 in the bank to successful businessman - Building a business to survive
There are many reasons why people decide to become their own boss. Some just fall into it, others decide to jump the corporate ship, and then there are those who do it to survive. William Chin, went from having $70 left in the bank to spearheading Mummys Market, the largest baby fair in Southeast Asia. William Chin, Founder of Mummys Market sits down with The Evening Runway to share how he successfully transformed his life and the lessons he learnt along the way. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
7/2/2024 • 16 minutes, 56 seconds
Culture Club: What's the best type of beer to pair with your meal?
Lion Brewery Co is a premier craft brewery, renowned for its innovative approach to brewing, it specialises in crafting high-quality, flavourful beers that cater to a diverse palate. They offer a curated dining experience at their taproom, featuring a unique four-course beer-pairing menu. Each dish is thoughtfully paired with one of their signature brews, creating a harmonious blend of flavours that elevate both the food and the beer. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Will Julius, Managing Director and Co-Founder, Lion Brewery Co, to find out more. Produced and Edited by Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
7/2/2024 • 10 minutes, 26 seconds
What's Trending: How two friends bounced back
On What's Trending, David Rush and Seth Lemmons reclaimed a Guinness World Records title by passing a giant inflatable ball back and forth in Idaho for 7,827 times. The record, originally set with 4,169 passes in 2021, was reclaimed by the pair after overcoming pain in their necks, arms, and shoulders. Also, a new study of over 500,000 people found that eating higher levels of ultra processed food may shorten lifespans by more than 10%. So what is ultra processed food? Ultra processed food contains additives that are never or rarely used in kitchens, such as preservatives, emulsifiers, artificial colourings, anti-foaming agents, and added sugar, salt, and fats.See omnystudio.com/listener for privacy information.
7/2/2024 • 9 minutes, 40 seconds
Spill the Tea: Dua Lipa, a real Singer?
TV viewers have wrongly accused Dua Lipa of lip-syncing during headline Glastonbury set. What did she have to say? And how does The Evening Runway team feel? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! See omnystudio.com/listener for privacy information.
7/1/2024 • 5 minutes, 34 seconds
Sports Minutes: Running the rule on the ‘challengers’ at the Euros & the Singapore Premier League
Another weekend of football action at the Euros as well as the Singapore Premier League has sieved out the contenders from the pretenders. Can England ‘pretend’ their way through the comeptition to bring it home? Or will the swashbuckling Spainish team reingn supreme? Closer to home, Tampines and Geylang continue to take the fight to the star-studded Lion City Sailors…but is the East side truly the best side? Deepanraj Ganesan, sports reporter with The Straits Times, is in the Sports Minutes hot seat to answer those questions and more! Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
7/1/2024 • 23 minutes, 30 seconds
Culture Club: How much should you really spend on an engagement ring?
Deciding on the ideal amount to spend on an engagement ring has been a timeless debate, often surrounded by varying opinions. But let's face it — when all eyes are on you, how many would be comfortable proposing with a "cheap" wedding ring? Even if you skimp on the other parts, like saving money for your BTO down payment or booking a fancy honeymoon, a wedding ring is where (a little) splurging is warranted. However, that should not end up burning a hole in your pocket. Tailored Jewel is a bespoke jewelry brand offering a personalized consultation service for young Singaporeans that won’t break the bank. Ethon Low, Founder of Tailored Jewel shares more. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
7/1/2024 • 16 minutes, 49 seconds
Market View: Trump, Biden debate over golf and politics, implications on Trump Media; French elections, implications on euro; Del Monte’s net loss for Q4 widens; SIA CEO Goh Choon Phong’s S$8.1M salary; Japan’s Q1 GDP revised down and more
Singapore shares started trading in the negative territory today after global equities ended lower last week. The Straits Times Index (STI) opened 0.1 per cent lower at 3,330.07 points after 144.9 million securities changed hands in the broader market. In terms of companies to watch, we have Del Monte Pacific, after the Philippine food and beverage maker posted a net loss of US$76.7 million for the fourth quarter ended Apr 30, 2024, widening from the same period last year. Elsewhere from Japan downgrading its Q1 GDP numbers, to more on SIA CEO Goh Choon Phong’s pay – more international and corporate headlines remain in focus. Also on deck – how Trump and Biden debate over golf and politics and the possible repercussions on equity markets and Trump Media, and concerns over the euro amid elections in France. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
7/1/2024 • 16 minutes, 9 seconds
What's Trending: There's a dog with six legs?
On What's Trending, a six-legged dog named Ariel was found abandoned in a supermarket parking lot, but has since been surgically removed to become a four-legged dog. Ariel, named after the character "The Little Mermaid," has adjusted to life on four legs and is doing swimmingly. Also, the Happiness Factory is a confined space in South Korea where parents of children who have withdrawn from society are placed. The facility is a centre for those seeking a "confinement experience," with residents wearing blue prison uniforms.See omnystudio.com/listener for privacy information.
7/1/2024 • 9 minutes, 29 seconds
Sports Minutes: Are foreign coaches the answer to Singapore football's woes?
Former Lions stalwarts turned coaches Noh Alam Shah and Isa Halim have been awarded a coaching attachment stint with top-tier J-League club Tokyo Verdy until the end of the year. Under the 'Unleash The Roar!' initiative's newly-launched Coaches Overseas attachment programme, this opportunity is aimed at helping local coaches gain experience and further develop their capabilities. So how and why will this have a positive effect for Singapore footbal? The duo join Sports Minutes to tell us! Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
6/28/2024 • 33 minutes, 26 seconds
Spill the Tea: Can Kevin defend him?
Kevin Costner stands up for casting his son in his latest western movie. The star says that he selfishly wanted his son with him for a week. Roshan Gidwani and Hongbin Jeong spill the tea! See omnystudio.com/listener for privacy information.
6/28/2024 • 4 minutes
R.I.C.H: The 16 habits to make you rich
Tom Corley, a renowned author and researcher, shares his insights on wealth-building habits in his book "Change Your Habits, Change Your Life." Through his extensive study of wealthy individuals, Tom reveals that small, consistent actions in areas like dream-setting, deliberate practice, health maintenance, and relationship-building lead to substantial long-term success. He also shares actionable strategies from his research, offering listeners practical steps to implement these "rich habits" into their own lives. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Tom Corley, Rich Habits Author, Rich Habits Institute, to find out more. Produced and Edited by Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
6/28/2024 • 17 minutes, 38 seconds
Market View: Are markets pricing in a Trump win after the first presidential debate?
Singapore stocks began trading in negative territory this morning after global markets ended on a muted note, and ended the day in the red as well. Amongst the stocks to watch, Seatrium broke a multi-year low to hit a fresh low of $1.37. So what’s continuously driving Seatrium shares? Meanwhile, on the global front,President Joe Biden and former President Donald Trump faced off in their first 2024 debate late Thursday in the US. So how are markets reacting to this first debate. Who won? Hongbin Jeong speaks to Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS, to find out more on the latest market movement for the day. See omnystudio.com/listener for privacy information.
6/28/2024 • 12 minutes, 14 seconds
What's Trending: Europe paying big money for bigger screens
On What's Trending, Japanese scientists have developed an equivalent to living skin that can be attached to robotic surfaces to flash a realistic smile. The University of Tokyo researchers used a "skin-forming cell-laden gel" to create a robot covered with living skin. Also, big TV sales have seen a boost in the UK and Nordics due to the European Championship games.See omnystudio.com/listener for privacy information.
6/28/2024 • 5 minutes, 28 seconds
Spill the Tea: Is it worth it?
Will the market still charge millions of dollars for this treatment down the line? Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea!See omnystudio.com/listener for privacy information.
6/27/2024 • 5 minutes, 24 seconds
Market View: Nervousness ahead of US PCE index; ValueMax and Well Chip’s IPO on Bursa Malaysia; Serial Achieva begins SGX trading, shares down ~86%; Asian currencies slump to weakest in over 19 months; Duty free shopping in Hong Kong; US Presidential debate
Singapore shares were trading lower at the opening bell today after global equities ended mixed overnight. In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,327.95 points after 42.9 million securities changed hands in the broader market.In terms of companies to watch, we have ValueMax, after associates of the Singapore-listed pawnbroker launched an initial public offering for Well Chip to raise RM172.5 million (S$49.6 million) on Bursa Malaysia. Elsewhere, from more on how Asian currencies slumped to its lowest since 2022 on the strength of the US dollar, to expectations on US GDP numbers and the US Presidential debate – more international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
6/27/2024 • 15 minutes, 44 seconds
K-Influencer: Where to get your halal fix in Korea?
Unnie From Seoul is a pioneering content creator dedicated to uncovering and sharing Muslim-friendly dining options in Korea. With a passion for Korean culture and a deep understanding of halal dietary requirements, she has created a unique platform that helps Muslim travelers fully immerse themselves in the rich culinary tapestry of Korea. On K-WAVE, Hongbin Jeong speaks to Unnie from Seoul, to find out where you can get your next halal meal in Korea.See omnystudio.com/listener for privacy information.
6/27/2024 • 15 minutes, 11 seconds
Under the Radar: Geneco spills the beans on the secret recipe to remain competitive in Singapore’s Open Electricity Market, whether wholesale prices are stabilising, and what the green wave means for energy retailers
Retailing is the action of selling goods and services to consumers piecemeal rather than to businesses in bulk. When we think of retailers, we often think of the likes of clothing retailers and electronic retailers. But instead of selling consumer goods, our guest for today sells the electricity we use to power our homes and electronics. Established back in 2001 under its former name Seraya Energy, our guest for today is Geneco, a subsidiary of YTL PowerSeraya, one of Singapore’s first and largest electricity generators, with a licensed generating capacity of 3,100MW. The firm used to serve just commercial and industrial customers back in the days until further liberalisation of the Singapore electricity market kicked in in 2018. It was then that the company re-established itself as Geneco and expanded its scope to also cater to households and small and medium sized enterprises. Since then, the firm’s retail business grew further over the years, powering over 165,000 households in the lion city as of 2024. But why are we talking to Geneco you might ask? Well, the Singapore electricity retail market is an interesting one to look at. It used to be rather vibrant back in 2018, with customers able to choose their electricity provider from a list of over 20 retailers. Just a number of years later, a number of players including Singapore’s largest independent electricity retailer iSwitch left the industry due to cut throat competition, volatility in wholesale electricity prices, not to mention the energy crisis fuelled by the Russia-Ukraine war. So what was the secret sauce that allowed Geneco to continue growing, on top of remaining in business? Speaking of energy crisis, Geneco had said in April 2023 that electricity bill that year could be cheaper as global energy prices stabilise, but how far has that played out, and what is the situation like right now with demand for electricity expected to grow as the economy revs back to life from the pandemic? And what will that mean for Geneco ultimately when it filters through to its top and bottom lines? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Lim Han Kwang, CEO, Geneco, Group Head (Retail, Regulation and Renewables) YTL PowerSeraya Ltd.See omnystudio.com/listener for privacy information.
6/27/2024 • 30 minutes, 18 seconds
R.I.C.H: The rise of robots — The future or present of business?
In this month's edition of The Peak Singapore, Editor-in-Chief Zat Astha sat down with homegrown titans of the tech industry to find out about their enterprising achievements. From AI baristas to robots which require no coding, the growing list of tech entrepreneurs from Singapore are making influential waves with their impactful innovations and contributions to technology. But today, we want to know: What does the business of robotics look like? Zat Astha, Editor-In-Chief at The Peak tells us more on this month's The Peak Special on R.I.C.H. See omnystudio.com/listener for privacy information.
6/27/2024 • 19 minutes, 23 seconds
Culture Club: Tucking into the Michelin Guide Singapore 2024 results
Michelin unveiled the full selection of the Michelin Guide Singapore 2024 on June 25. The newly released Guide recommends a total of 283 locations – with 3 three Michelin Stars, 6 two MICHELIN Stars, 42 one Michelin Star, 81 Bib Gourmand and 151 Michelin Selected venues. This year’s selection also presents the second Michelin Green Star in Singapore. So, who gained, retained, or lost stars this year? Where should you book your next dinner reservation? On this month's The Peak Special on Culture Club, Kenneth Goh, Digital Editor, The Peak Singapore reveals it all. See omnystudio.com/listener for privacy information.
6/27/2024 • 21 minutes, 59 seconds
What's Trending: A lost pup's 1000-mile adventure
On What's Trending, Vienna has been crowned the most liveable city in the world for the third consecutive year, according to the annual Economist Intelligence Unit (EIU). Also, a Maryland man's lost dog, Luna, was found 1,000 miles from his Mardela Springs home after being spotted wandering in a Walmart parking lot. After being scanned for a microchip, Luna was found and reunited with its owner.See omnystudio.com/listener for privacy information.
6/27/2024 • 6 minutes, 50 seconds
Spill the Tea: Dr Disrespect has been sacked
Midnight Society terminates relationship with Dr. Disrespect after allegations unsurface. Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! See omnystudio.com/listener for privacy information.
6/26/2024 • 4 minutes, 59 seconds
Sports Minutes: Irfan Fandi on his struggles with injuries, move to Port FC & time with BG Pathum
The eldest son of arguably Singapore's most famous footballer Fandi Ahmad, Irfan Fandi joins Sports Minutes to talk about his imminent transfer from BG Pathum to Port FC, revealing the moment he knew his contract wouldn't be renewed and his initial disappointment. Having played in Thailand since 2019, the 26-year old reflects on his five years at BG, expressing what he'll miss most and addressing the "what if" factor related to his recent injury struggles. Now close to peak fitness, Irfan also discusses the excitement of joining Port FC, his goals for the future, and his aspirations of playing in Europe. Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
6/26/2024 • 13 minutes, 29 seconds
Market View: Google reportedly to showcase new AI features, updates to Pixel and Android at August’s special event; OpenAI to delay release of “Voice Mode” feature; Fed Governor Michelle Bowman not ruling out rate hikes; ST Engineering broke ground for new data centre and more
Singapore shares started the day on a muted note after US equities ended mixed overnight, while European shares closed in negative territory. In the morning, the Straits Times Index (STI) opened 0.04 per cent lower at 3,324.95 points after 27.2 million securities changed hands in the broader market. In terms of companies to watch, we have for you ST Engineering after the group broke ground for a new data centre, which will add 7.5 megawatts to its capacity. Elsewhere, from South Korea set to kick off a 26 trillion won or S$25 billion package of financial support for the chip sector to Google reportedly set to showcase artificial intelligence features and updates to its Android platform at a special event in August, more international and corporate headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.See omnystudio.com/listener for privacy information.
6/26/2024 • 14 minutes, 9 seconds
R.I.C.H: The X factor to make it big in the luxury industry
The global personal luxury market is predicted to hit $464b by 2025 and climb to $606b by 2030, growing at an average annual rate of 6%. Sounds like it’s time to invest in a career in luxury or wealth management and leadership? And for professionals looking to jump into a luxury career, what are some of the most important skills one should build up? Sonja Prokopec, Professor of Marketing at ESSEC Business School, Asia-Pacific, and program director of ESSEC’s Academy of Luxury explains. See omnystudio.com/listener for privacy information.
6/26/2024 • 14 minutes, 29 seconds
Culture Club: This bar is going from aisle to ale
Nestled in a historic Bukit Pasoh shophouse, Gibson Bar is a sanctuary of refined elegance and creative mixology. Inspired by the classic Gibson cocktail, each creation at Gibson Bar blends tradition with innovation with a supermarket-themed menu. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Martin Villareal, Bar Operations Manager, Gibson Bar, to find out more about its offerings. Produced and Edited by Alexandra Parada ([email protected]) Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
6/26/2024 • 10 minutes, 39 seconds
What's Trending: Samsui woman debate — who has the mural high ground?
A mural depicting a young samsui woman holding a smoking cigarette on the exterior of 297 South Bridge Road has sparked a debate online about public complaints and the censorship of street art. Some say the order limits one’s artistic freedom, while others have called the mural offensive. But where do we draw the line between censorship and the freedom of expression through art? We find out from Shawn Hoo, Arts Journalist, The Straits Times.See omnystudio.com/listener for privacy information.
6/26/2024 • 12 minutes, 26 seconds
Spill the Tea: AI is being sued
Two AI startups are being sued over alleged copyright violation. Sony Music and other major music labels say Suno and Udio have committed copyright infringement on an “almost unimaginable scale”. Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! See omnystudio.com/listener for privacy information.
6/25/2024 • 6 minutes, 43 seconds
R.I.C.H: A $5 million Pokemon card? Should you be investing in Pokemon?
In 2022, influencer and Youtuber Logan Paul paid about $5.3 million for a PSA grade 10 Pikachu Illustrator card, thought to be the rarest Pokémon card in the world. And he’s not alone. Today, Pokémon cards are viewed as a viable investment option, with plenty of collectors shelling out big bucks for the rarest cards. So, are you a Pokemon card collector or do you want to start investing in them? Roman Aymond, Business Development Manager, FI Group Singapore and avid Pokemon card collector reveals whether your much-loved set of Pokémon cards might be worth several thousand dollars some day. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
6/25/2024 • 18 minutes, 53 seconds
Market View: Nvidia’s shares entered correction territory, US$430B wiped off market cap, Selloff in Broadcom, Qualcomm, ARM, TSMC; European football revenues; Real wages in Singapore up 0.4% in 2023, Jasper Investments and more
Singapore equities began trading in negative territory today, following mixed performance overnight in the US and Europe. In the morning, the Straits Times Index (STI) opened 0.1 per cent lower at 3,311.46 points after 29.4 million securities changed hands in the broader market. In terms of companies to watch for today, we have OCBC and Great Eastern, after the lender said OCBC and concert parties have garnered 90.16 per cent of the shares in Great Eastern. Elsewhere from more on Nvidia entering into the correction territory with its market capitalisation down about US$430 billion over the past three days, to how European football revenues soared in 2023, more international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.See omnystudio.com/listener for privacy information.
6/25/2024 • 14 minutes, 10 seconds
K-Influencer: An influencer with a compassionate quest
Aiden Kim, a South Korean content creator, shares inspiring stories on his social media platforms about helping the elderly and disabled, aiming to inspire others to spread kindness and help one another. On K-WAVE, Hongbin Jeong speaks to Aiden Kim to share more about his mission.See omnystudio.com/listener for privacy information.
6/25/2024 • 14 minutes, 32 seconds
Under the Radar: Why are Turkey, Kazakhstan bright spots for brokerage firm Phillip Nova? Its CEO tells it all.
The securities market is in focus today as we speak to one of the founding clearing members of the Singapore Exchange Derivatives Trading or (SGX-DT). Inaugurated some 40 years ago in 1983 as Phillip Futures, our guest for today is multi-asset broker Phillip Nova. As a member of the PhillipCapital Group, the company has grown over the years and now prides itself as one of the region’s top brokers for the trading of CFD, Forex, Futures and Stocks. It also taps PhillipCapital Group’s network companies to access exchanges around the world, including the Singapore Exchange, the Hong Kong Exchange, the Japanese Exchange Group, the New York Mercantile Exchange, the COMEX and more. The company was rebranded in Phillip Nova in 2022 after the firm received its own securities brokerage licence to broaden its service offerings. Its CEO had said then that the rebranding initiative was meant to reflect the brokerage’s expanded suite of offerings ranging across five asset classes namely: stocks, futures, forex, commodities and CFDs. But Phillip Nova is an interesting company to talk about not just because of the rebranding initiative, but also because of the markets it is eyeing on in a bid to drive growth. For one thing, the firm had in March this year offered the trading of Istanbul-quoted futures. Representatives of its parent company, PhillipCapital had also met up with the senior management team of the regulator of financial services in the Republic of Kazakhstan, on the sidelines of the Kazakhstan-Singapore Business Forum that took place in May last year. But what are the opportunities in these markets, and how will Phillip Nova partner up with industry players to deepen its stock trading links in order to penetrate into these relatively untapped markets? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Teyu Che Chern, CEO, Phillip Nova.See omnystudio.com/listener for privacy information.
6/25/2024 • 36 minutes, 58 seconds
K-Entertainment: Is Jennie hitting back at YG Entertainment with a new diss track?
Making waves in the K-industry at the moment is Jennie from Blackpink. Is she back with a new style? A new look? Nope... she’s back with a new rap. And it goes something like this - "Taken for granted / Taken for hostage / Carried the Baggage / Carried the past us / As luck would have it / Future was written / They didn't plan for women to woman up" Sounds like a diss track.. Right? But who exactly is she dissing? Could it be her former agency YG entertainment? See omnystudio.com/listener for privacy information.
6/25/2024 • 6 minutes, 16 seconds
Culture Club: Can I get a glass of muggle-tini?
The Wizard's Brew is a Harry Potter-themed dessert café and bar in Chinatown. Nestled in a charming shophouse, this magical spot offers an immersive experience with wizard-themed decor, interactive photo spots, and enchanting menu items like the Phoenix Fire cocktail and Witches Hat dessert. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Ashley Tan, Manager, The Wizard's Brew, to find out more how you can experience the magic in Singapore.
Produced and Edited by Alexandra Parada ([email protected])
Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
6/25/2024 • 11 minutes, 16 seconds
What's Trending: The world's ugliest paw-geant
On What's Trending, Heinz has released the Every Sauce, a combination of 14 flavours, which has divided condiment fans. Also, the annual World's Ugliest Dog contest, held at the Sonoma-Marin Fair in Petaluma, California, has revealed the world's ugliest dog, Wild Thang, an 8-year-old Pekingese. Wild Thang, who contracted a virus as a puppy, has permanent damage to his teeth, tongue, and leg, and has never had a hair cut.See omnystudio.com/listener for privacy information.
6/25/2024 • 9 minutes, 35 seconds
Spill the Tea: India’s exam system is corrupt
There’s corruption in India’s examination system. Teachers and people who run exam centres are creating this situation which is making exam goers anxious and upset. Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea, collectively. See omnystudio.com/listener for privacy information.
6/24/2024 • 5 minutes, 39 seconds
Sports Minutes: From Champs to Chumps, can Albirex salvage their SPL season?
From Champs to Chumps? That's what reigning Singapore Premier League champions Albirex Niigata are being accused of after the suffered a 7-1 thumping at the hands of the Lion City Sailors on Sunday. With just one win thus far, is the 2024/25 season already a write off for Coach Kazu and co.? Deepanraj Ganesan, sports reporter with The Straits Times, is in the Sports Minutes hot seat to dissect and discuss all the SPL action from the weekend.
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
6/24/2024 • 27 minutes, 19 seconds
Market View: US profit-taking, Nvidia down; ByteDance, Broadcom reportedly working on developing advanced AI processor, Trump-Biden Presidential Debate, Prudential’s US$2b share buyback, Singapore’s May inflation meets expectations and more
Singapore equities were muted at the opening bell today, echoing sentiments on Nasdaq where chipmaker Nvidia registered its second straight day of losses on Friday, closing down 3.2%.
In the morning, the Straits Times Index (STI) opened 0.01 per cent lower at 3,305.84 points after 32.5 million securities changed hands in the broader market.
In terms of companies to watch, we have Prudential, after the Asia-focused insurer yesterday announced the launch of its US$2 billion share buyback programme, which is expected to be completed no later than mid-2026.
Elsewhere from Singapore’s latest inflation numbers to China luring US$2.3 billion of Middle East sovereign money in 2023 – more local and international headlines remain in focus.
Also on deck, how TikTok’s parent ByteDance is reportedly working with US chip designer Broadcom on developing an advanced artificial intelligence processor to help the social media firm secure supply of high-end chips amid US-Sino tensions.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
6/24/2024 • 14 minutes, 31 seconds
Culture Club: A hotel where past meets present
21 Carpenter is a boutique heritage hotel in Singapore. Originally a remittance house and the birthplace of banking in Singapore, the hotel has been reimagined by blending historical elements with contemporary design. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Tarun Kalra, General Manager, 21 Carpenter, to find out more.
Produced and Edited by Alexandra Parada ([email protected])
Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
6/24/2024 • 12 minutes, 13 seconds
What's Trending: Why Krispy Kreme is not making Friends
On What's Trending, Krispy Kreme is launching "Friends"-themed doughnuts for its 30th anniversary, but only available in the UK and Ireland, which has caused a stir on social media, with fans feeling annoyed and confused by the decision-making process. Also, a rare early Beatles single is expected to sell for up to £9,000 at auction, attracting interest from bidders worldwide. The 1962 demonstration record contains the band's hit songs Love Me Do and P.S I Love You and is one of only 250 in the world.See omnystudio.com/listener for privacy information.
6/24/2024 • 7 minutes, 29 seconds
R.I.C.H: This CEO left her job to bring the dog-tor right to your pets!
Would you leave your cushy job to pursue your passion?
Athena Lee left her position as a CEO of a company to start her Zumvet, a leading telehealth service for veterinary care.
That's right, you can now bring the dog-tor to your pet, from the comforts of your home!
Athena Lee, Co-Founder & CEO at ZumVet shares why she left a cushy job to be an entrepreneur, and the lessons she’s learnt along the way.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
6/21/2024 • 18 minutes, 19 seconds
Spill the Tea: Did Disney take the Mickey?
Why are Disney workers suing the company for damages? In a proposed class action lawsuit, these staff are accusing the media giant of misrepresenting its plans. Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea, collectively. See omnystudio.com/listener for privacy information.
6/21/2024 • 4 minutes, 25 seconds
Sports Minutes: Hassan Sunny on his new found fame in China, Singaapore's goalkeeping future and Albirex's struggles
Singapore's goalkeeper Hassan Sunny, known for his agility and reflexes, is seldom caught off guard. But the Lions' custodian was certainly caught by surprise when he became an overnight sensation in China after his heroics against Thailand. Hailed for his crucial saves in goal, Hassan and his food stall Dapur Hassan was the talk of the town as Chinese fans flocked to show their appreciation by sending him money and patronising his food stall. So what's his take on his new found fame? He joins Zia-ul Raushan on Sports Minutes to tell us!
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
6/21/2024 • 19 minutes, 41 seconds
K-Food: Hwasa's yet another viral food - Greek Yogurt Peach
When it comes to making waves on K-Food, one K-pop idol stands out. She’s been dubbed the Mukbang Queen. It's Hwasa from Mamamoo. Everything she’s caught eating on camera - sells out immediately. She’s famously known for selling out Gopchang - which is a popular dish made of cow intestine. But there’s another breakfast item that she made go viral.
See omnystudio.com/listener for privacy information.
6/21/2024 • 4 minutes
Under the Radar: Why did OUE REIT rebrand itself from OUE Commercial REIT and how far will growth be driven by its hospitality and retail properties looking forward?
It’s all about S-Reits today as we continue our conversation with a company that is also the first ever guest we had on board on Under the Radar back in February last year.
Make a guess! The company is behind some of the most prominent skyscrapers we see at the Central Business District, and is said to be one of the largest diversified S-Reits with total assets under management of S$6.3 billion as at the end of 2023.
Well, listed on the mainboard of the Singapore Exchange back in January 2014, OUE REIT is a wholly owned subsidiary of OUE Limited, a leading real estate and healthcare group that looks to tap growth trends across Asia.
On its own, OUE REIT owns two hotels, namely Hilton Singapore and Crowne Plaza Changi Airport. It also counts the Mandarin Gallery, as well as commercial properties OUE Bayfront, One Raffles Place and OUE Downtown Office as its assets. Out of Singapore, the Reit also owns a Grade A commercial asset called Lippo Plaza in Shanghai’s business district of Puxi.
But why are we talking to OUE REIT you might ask? Well, OUE REIT was recently rebranded from OUE Commercial REIT in January 2024 to reflect its focus on growth opportunities in the hospitality, office and retail sectors, but what can we look forward to on this front?
Meanwhile, OUE REIT had also in April reported higher revenue and net property income in the first quarter of 2024, where net property income rose 6.9 per cent on the year to S$60.5 million. But how far is this driven by commercial properties and increased tourist spending at its hotels and how far can this continue?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Han Khim Siew, Chief Executive Officer and Executive Director of OUE REIT.See omnystudio.com/listener for privacy information.
6/21/2024 • 31 minutes, 14 seconds
Market View: US initial jobless claims down, Nvidia down 3.54% gives uo world’s most valuable company title to Microsoft; Keppel Reit prices A$175m green notes; Paragon Reit’s disposal of The Rail Mall; Guzman Y Gomez’s stellar IPO on ASX and more
Singapore equities began trading in positive territory today, mirroring overnight gains in Europe.
In the morning, the Straits Times Index (STI) opened 0.2 per cent higher at 3,305.42 points after 35.4 million securities changed hands.
In terms of companies to watch today, we have Keppel Reit, after the real estate investment trust priced A$175 million (S$158 million) of floating rate green notes due 2027.
Meanwhile, from Yoma Strategic’s shares hitting a 16-month high, to SingPost appointing Merrill Lynch Markets Australia as a financial advisor to its board – more corporate headlines remain in focus,
Also on deck, the state of the US labour market, pressures on the Japanese Yen against the dollar, and Mexican food chain Guzman Y Gomez’s stellar IPO performance on the Australian Securities Exchange.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
6/21/2024 • 13 minutes, 41 seconds
Culture Club: How this atelier is weaving in traditions in its products
Founded by visionary Lim Masulin in 2008, BYO Living has been pushing the boundaries of weaving and design, seamlessly blending traditional techniques with modern aesthetics. Through collaborations with top architects and designers, they have brought their unique vision to life in projects around the world. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Lim Masulin, Founder of Weaving Atelier, BYO Living, to find out more.
Produced and Edited by Alexandra Parada ([email protected])
Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
6/21/2024 • 14 minutes, 22 seconds
What's Trending: A competitive eater's unfinished beef
On What's Trending, Joey Chestnut, the world record holder for the most hot dogs eaten in 10 minutes, will miss the Nathan's Famous Fourth of July contest this year due to his endorsement deal with plant-based meat company Impossible Foods. Also, McDonald's has removed its AI-powered ordering system, developed by IBM, from its drive-through restaurants in the US.See omnystudio.com/listener for privacy information.
6/21/2024 • 7 minutes, 15 seconds
Market View: How Nvidia passed Microsoft in market cap to become the most valuable public company
Nvidia has passed Microsoft in market value to become the most valuable listed company. So what’s driving Nvidia’s trillion dollar market value and what are the risks and challenges for this tech giant?
Willie Keng speaks to Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund to find out more.
Plus, they discuss how the STI moved throughout the day and the biggest movers.See omnystudio.com/listener for privacy information.
6/20/2024 • 10 minutes, 44 seconds
Spill the Tea: Fancy an AI Movie?
In Soho, a movie has been axed. The Last Screenwriter was written by ChatGPT. But many were upset about the use of artificial intelligence in place of a writer. How does The Evening Runway squad feel about it? Press play!See omnystudio.com/listener for privacy information.
6/20/2024 • 5 minutes, 14 seconds
R.I.C.H: Is leaving the 9-5 life worth the risk?
Adrian Tan, a Singaporean author and former HR entrepreneur has transitioned to self-employment. He recently published a book titled, "No More Bosses," where he candidly shares his experiences and insights into making the transition to self-employment. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Adrian Tan, Author of Amazon SG Bestseller 'No More Bosses - the journey to sustainable self-employment', to discuss more.See omnystudio.com/listener for privacy information.
6/20/2024 • 13 minutes, 53 seconds
Market View: Softbank’s Masayoshi Son ready for next big bet; NASDAQ boosts scrutiny of investors in IPOs from China, HK; Netflix ramps up local production in Southeast Asia; Frasers Hospitality debuts in Taiwan and more.
Singapore equities began trading marginally higher today, following losses in real estate and technology stocks in Europe.
In early trade, the Straits Times Index (STI) edged up 0.01 per cent to 3,304.27 points after 43 million securities changed hands in the broader market.
In terms of companies to watch, we have Seatrium. Its wholly owned subsidiary, Seatrium New Energy, formerly known as Keppel Fels, has together with RigCo entered into a settlement agreement with Awilco Drilling and two of its units.
Elsewhere, from more on Frasers Hospitality’s foray into the Taiwanese market, to Netflix ramping up local production in Southeast Asia, we’ve got more corporate headlines in focus.
Also in store – how the NASDAQ is once again boosting scrutiny of small IPOs from China and Hong Kong, and Softbank’s billionaire founder Masayoshi Son’s declaration that he’s ready to make his next big bet after a hiatus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments for the day.See omnystudio.com/listener for privacy information.
6/20/2024 • 12 minutes, 41 seconds
K-Entertainment: Some old K-dramas that you might want to re-watch
On this episode, take a trip down memory and discover the old K-drama series you might want to watch or re-watch. Is there a K-drama series your parents used to watch when you were younger, and you would join them on the couch and watch it together? Now they may be old - but there are some iconic drama series, those with some iconic lines from the series that till this day Koreans remember. So let's dive into some of the oldies but goodies K-drama series that you may want to re-watch.See omnystudio.com/listener for privacy information.
6/20/2024 • 6 minutes, 48 seconds
What's Trending: What you need to know about Japan’s flesh-eating bacteria outbreak
Japan is currently facing an unprecedented surge in Streptococcal Toxic Shock Syndrome (STSS), a severe bacterial infection that can be fatal within 48 hours. With over 1,000 cases reported by early June, surpassing last year’s record, experts predict the number of infections could escalate to 2,500 by the end of the year. On What's Trending, Hongbin Jeong and Roshan Gidwani speaks to Professor Dale Fisher, NUS Yong Loo Lin School of Medicine, Senior Consultant, National University Hospital, to find out more.See omnystudio.com/listener for privacy information.
6/20/2024 • 8 minutes, 40 seconds
Culture Club: Stop getting scammed by IDs & contractors in Singapore
Just got the keys to your new house and want to dive into renovations? Or maybe it's just time to for a home refresh?
But before you dive right into your reno plans, how do you make sure that you’re not going over budget? Or worse, find yourself a victim of renovation scams and fraud?
Russell Chin, Founder and Managing Director of Inspire ID Group shares his tips.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
6/20/2024 • 15 minutes, 31 seconds
R.I.C.H: Is 40 the new 20? How to go from retrenched to reinvented
Let's face it, retrenchment is a daunting experience. The prospect of losing a job—especially after years of dedication and hard work—can feel like a setback.
But retrenchment isn’t the end of the road. Andrew Tan, Director at TrustPro went from unemployed at 40 to building his own company and becoming a successful entrepreneur.
How did a R.I.C.H mindset help him to go from retrenched to reinvented? Can you future-proof your career by reskilling and upskilling in a changing job market?
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
6/19/2024 • 12 minutes, 29 seconds
Spill the Tea: What goes around comes around
The popular singer Justin Timberlake has been arrested in New York and is expected to be formally charged. The pop star has been arrested on charges related to driving while intoxicated. See omnystudio.com/listener for privacy information.
6/19/2024 • 5 minutes, 55 seconds
Culture Club: Can tokenization unlock art’s hidden wealth?
Imagine a world where art is not confined to prestigious galleries or exclusive auctions but accessible to anyone, anywhere.
That has now been made possible with the era of tokenization, a groundbreaking concept that is the key to unlocking art’s hidden wealth.
Back in 2021, Sygnum, a digital asset bank, and Artemundi, an art investment pioneer, partnered to tokenize Picasso’s Fillette au béret painting.
This marks the first time the ownership rights in a Picasso, or any artwork, are being broadcast onto the public blockchain by a regulated bank, enabling investors to purchase and trade “shares” in the artwork.
But how far can tokenization or blockchain technology revolutionize the art industry?
Gerald Goh, Co-founder and CEO Singapore, Sygnum explains.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
6/19/2024 • 15 minutes, 5 seconds
K-Food: How to make flat dumplings to satisfy your midnight cravings
Have you ever tried Napjak mandoo?
"Napjak" means flat in Korean, while "mandoo" is Korean for dumplings. And just like the name suggests, it’s flat dumplings. These are a crowd-pleaser dish. It's vegetarian too so they work as perfect appetizers for everyone to enjoy.
Listen to find out how to make them. See omnystudio.com/listener for privacy information.
6/19/2024 • 4 minutes, 25 seconds
Under the Radar: Patek Philippe on Watches and Wonders, the importance of retaining creative control of the firm, and what growing Swiss watch exports means for it
When it comes to watch manufacturers, one would realise that most of the big players are owned by luxury groups with multiple brands under their belts. But instead of that, our guest for today prides itself as the last family-owned independent Genevan Watch Manufacturer.
It is also part of the so-called “The Holy Trinity” or “The Big Three” in horology - a term that describes three of the biggest and oldest watchmakers in the world.
Founded in 1839, our guest Patek Philippe has been perpetuating the tradition of Genevan watchmaking without interruption for close to two centuries.
As a family-owned independent watch manufacturer, the firm enjoys total creative freedom to entirely design, produce and assemble what experts agree to be the finest timepieces in the world, amassing a repertoire of over 80 patents so far.
Being an independent and private company also means Patek Philippe was able to make certain decisions that were unimaginable at other companies, such as retiring one of its most popular models, the Ref. 5711 Nautilus watch.
But what was the rationale behind the move? And with Patek Philippe launching a total of 11 watches at the highly anticipated Watches and Wonders this year, what is next for the firm as it continues to reinvent the wheel?
On the demand side of things, a Robb Report article citing Watch Pro reported in May that Swiss watch exports grew 4.5 per cent globally, bolstered by a 11.6 per cent rise in the US. The showing was a reversal from the decline seen in March, where shipments to China and Hong Kong fell.
But what does that mean to Patek Philippe operationally and how long is the waitlist for a first-hand timepiece?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Deepa Chatrath, General Manager, Patek Philippe Southeast Asia.See omnystudio.com/listener for privacy information.
6/19/2024 • 42 minutes, 55 seconds
What's Trending: How dangerous is the oil spill that's affected Singapore's waters?
An oil spill on Friday (Jun 14) has led to beaches around Singapore being closed. Clean-up efforts are still underway, with slicks also spreading to the Southern Islands tourist attractions and sighted as far east as the Changi area.
Does the oil spill incident has had a wider impact beyond the blackened beaches?
What are the long-term effects of the petrochemicals on Singapore's waters and the determinants that would make it safe for people to return to water activities?
Audrey Tan, Assistant News Editor, The Straits Times explains.See omnystudio.com/listener for privacy information.
6/19/2024 • 9 minutes, 23 seconds
Sports Minutes: Basketball in Shopping Malls? Why? Or rather, why not!
When you think of shopping malls in Singapore - you'd probably think of food courts, supermarkets or flagship department stores. But what if I told you that these malls are being used for basketball tournaments?! That's right, the Singapore National 3X3 League (NXL) - launched by the Basketball Association of Singapore - is revolutionising the sport of basketball. Team Singapore's Tay Ding Loong & NXL organiser New Wei Sheng join us to tell us all about it!
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
6/18/2024 • 11 minutes, 42 seconds
Spill the Tea: Why is Adobe being Sued?
The US government has sued software giant Adobe, accusing it of violating consumer protection laws with "hidden" termination fees and a convoluted cancellation process.See omnystudio.com/listener for privacy information.
6/18/2024 • 5 minutes, 8 seconds
Market View: Seatrium hotly traded amid “Operation Car Wash” investigations; ST Engineering on S$100m order wins; Hong Kong to end practice of shutting markets during typhoons; Foxconn reaches NT$200 share price goal; Bitcoin slid to one-month low and more
Singapore stocks opened stronger following overnight gains on global markets.
In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,303.77 points after 41.8 million securities changed hands in the broader market.
In terms of companies to watch, we have Seatrium, after the company said yesterday that it had been informed that the Monetary Authority of Singapore and the Commercial Affairs Department are conducting a joint investigation into offences potentially committed by the company and/or its officers.
Elsewhere, from Hong Kong ending its decades-long practice of shutting its markets during typhoons to Foxconn finally meeting its billionaire’s eight-year stock target, more international and corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with James Cheo, Chief Investment Officer, Southeast Asia and India at HSBC Global Private Banking and Wealth.See omnystudio.com/listener for privacy information.
6/18/2024 • 10 minutes, 8 seconds
K-Slang: '슬세권' (seul-se-gwon)
When you’re travelling to South Korea, one thing you may want to learn in Korean is asking for directions. But what if you stumble upon a Gen Z when you’re asking for directions, and they reply with a slang word your Google translator can’t even help translate for you? Here's a useful slang word you might want to take note of. See omnystudio.com/listener for privacy information.
6/18/2024 • 3 minutes, 9 seconds
R.I.C.H: Should wine collecting be your next investment?
Thatcher Baker-Briggs is a trailblazing figure in the world of wine. Thatcher has advised NBA players and curated wine lists at prestigious Michelin-starred restaurants, establishing himself as a sought-after wine consultant and importer. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Thatcher Baker-Briggs, Founder, Thatcher's Wine, to talk about whether you should start investing in wine today.
Produced and Edited by Alexandra Parada ([email protected])
Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
6/18/2024 • 15 minutes, 23 seconds
What's Trending: Kevin, the Great Dane's greatest fear
On What's Trending, a Great Dane named Kevin, named after the character from Home Alone, has been crowned the world's tallest dog by Guinness World Records. But aside from being known as the world's tallest dog, Kevin is known for his fear of the family's vacuum. Also, the 2024 Mercer Cost of Living Survey has revealed Hong Kong as the most expensive city for expats to move to, followed by Singapore. The survey examined 226 cities based on the cost of over 200 items, including transportation, food, clothing, household goods, and entertainment.See omnystudio.com/listener for privacy information.
6/18/2024 • 7 minutes, 41 seconds
Culture Club: Sustainable luxury is all the rage. But how does it actually work?
Luxury travel, once synonymous with lavish accommodations and traditional opulence, is undergoing a profound transformation.
Discerning travelers now seek experiences that go beyond the conventional definitions of luxury, embracing a new era of exclusivity, authenticity, and sustainability.
That is why the no-plastic policy that award-winning Farmhouse Resort and Spa implements on its campus heralds a new era for the hospitality industry, setting the benchmark for sustainable tourism.
A profit-generating arm of the Smiling Gecko aid project co-founded in 2014 by Swiss artist Hannes Schmid, all of the profits are funnelled back into the wider initiative.
Hannes Schmid, Founder of Smiling Gecko explains more.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Alexandra Parada
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
6/18/2024 • 12 minutes, 6 seconds
Market View: Microsoft will not roll out AI-powered “Recall”; Singtel’s Optus Mobile to defend proceedings filed by ACMA; Soilbuild Construction’s shares hit 5-year high on Tuas contract wins; BoJ holds rates, to reduce bond buying and more
Singapore equities began trading in negative territory today, mirroring overnight losses in Europe.
In the morning, the Straits Times Index (STI) opened 0.2 per cent lower at 3,319.11 points with 18.1 million securities having changed hands.
In terms of companies to watch today, we have Soilbuild Construction. Shares hit a 5-year high early on after the group announced that it had bagged a S$647.5 million Tuas Port construction contract the day before.
Elsewhere, from more on how Singtel’s Optus Mobile intends to defend proceedings filed by the Australian Communications and Media Authority regarding a 2022 cyberattack, to the Bank of Japan dialling down on its bond buying programme, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.See omnystudio.com/listener for privacy information.
6/14/2024 • 16 minutes, 20 seconds
Spill the Tea: Yes! Swifties moved the earth!
Talk about a movement swifties…
Thousands of Taylor Swift fans made the earth move by cheering and dancing at her three Edinburgh concerts last weekend! Fans took the singer’s encouragement to Shake It Off literally, with monitoring stations detecting seismic activity from 6km (3.73 miles) away. See omnystudio.com/listener for privacy information.
6/14/2024 • 5 minutes, 11 seconds
Sports Minutes: Finding strength from struggle; a Father's Day special
It’s a Father’s Day special on Sports Minutes..ahead of the day dedicated to celebrating dads on 16 June. Delwinder Singh is a household name for fans of local football, but did you know that his dad - Ranjit Singh, was once a drug-addict who was incarcerated in the early 90s? How did that affect Delwinder’s upbringing, and how did Ranjit turn over a new leaf to become a responsible dad? The father-son duo speak to Zia-ul Raushan on Sports Minutes in a candid, frank and honest conversation ahead of Father’s Day.
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
6/14/2024 • 29 minutes, 54 seconds
K-Food: Insta-worthy cafes in Seoul to check out on your next trip
Instagrammable cafes have been on the rise in Korea, becoming an integral part of the country's vibrant café culture. Every corner is a snapshot waiting to happen! It’s not just about coffee anymore. It’s whether the cafes are insta-worthy. On K-WAVE, Hongbin Jeong explores some of Korea's Instagrammable cafes that are sure to delight your senses and fill your feed with envy-inducing snapshots.See omnystudio.com/listener for privacy information.
6/14/2024 • 7 minutes, 34 seconds
Under the Radar: Singlife’s Group CEO on the firm’s move to provide comprehensive insurance for dementia, preventative care amid ageing population
It’s all about insurance coverage today as we speak to a company that provides coverage for Singaporeans including the nation’s protectors – the MINDEF.
Formed by the merger of Aviva Singapore and Singlife in a deal valued at S$3.2 billion in 2020, the current Singlife is one of the largest homegrown financial services companies in the lion city.
The company offers a variety of insurance products ranging from life insurance, medical insurance, car insurance, travel insurance, home insurance, to investment linked-plans.
It is also seeing a number of key developments of late. For one thing, the company has become a fully owned subsidiary of Japan’s Sumitomo Life in a transaction valuing Singlife at S$4.6 billion.
The insurer said the ownership change will not affect its day-to-day operations, but will enable Singlife to pursue its long-term growth ambitions, with the capital to drive regional expansion and to grow as an integrated financial services company.
But what can we expect when it comes to Singlife’s strategic direction for the future?
Speaking of strategic direction, Singlife had in May this year launched what it calls the Singlife Dementia Cover. Touted as the market’s first insurance plan offering yearly payouts for persons with dementia, the policy also covers other mental health conditions such as bipolar and schizophrenia disorder.
But what were the complexities in valuing the insurance premiums and payouts for conditions relating to dementia, versus other health conditions such as cancer? And how does such a product pipeline position Singlife as a first mover in the silver economy?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Pearlyn Phau, Group CEO, Singlife.See omnystudio.com/listener for privacy information.
6/14/2024 • 25 minutes, 42 seconds
R.I.C.H: How this man raised the bar to success
John Langan, a marketing and entertainment expert with 22 years of experience, has a reputation for predicting trends and building products that attract and retain visitors. And now, he founded Blue Root Innovation Lab in Kuala Lumpur, Malaysia, and serves clients in property development, fitness, wellness, and technology sectors. On R.I.C.H., Roshan Gidwani speaks to John Langan, Executive Consultant, Blue Root Innovation Lab, to find out more.See omnystudio.com/listener for privacy information.
6/14/2024 • 10 minutes, 10 seconds
Culture Club: Sudu-licious Malay cuisine by Chef Ilya
Sudu by Ilya, a private dining concept launched in December 2022, offers a contemporary twist on traditional Malay dishes in its seasonal menus. On Culture Club, Roshan Gidwani speaks to Ilya Nur Fadhly, Boss, Sudu by Ilya, to share more about how he adding his own twist to traditional Malay cuisines.See omnystudio.com/listener for privacy information.
6/14/2024 • 14 minutes, 26 seconds
What’s Trending: Is Samyang noodles too hot to handle?
On What's Trending, a pair of camels escaped from Ohio's Cedar Point amusement park's petting zoo, causing chaos and confusion among visitors. Also, Samyang has been recalled in Denmark for its Buldak ramen noodle products due to high levels of capsaicin, a chili pepper extract that gives the noodles their spicy flavor.See omnystudio.com/listener for privacy information.
6/14/2024 • 8 minutes, 39 seconds
Spill the Tea: Aussie Star Supports Trump
Holly Valance has become the UK poster girl for ex-US President Donald Trump's bid to retake the White House. "It's a Holly party," Nigel Farage, a fellow Trump supporter and friend of Valance, told the London Times before the fundraising event near the Chelsea Embankment.See omnystudio.com/listener for privacy information.
6/13/2024 • 4 minutes, 36 seconds
Market View: S&P 500 closes above 5,400 for the first time, Cooler-than-expected US May inflation, Jerome Powell on not cutting rates, Ant Group spent record 21.2 billion yuan on research, Broadcom stock split and more
Singapore equities began trading in positive territory today, as global sentiment remained upbeat after data showed US consumer prices were unexpectedly unchanged in May.
The Straits Times Index (STI) opened 0.6 per cent higher at 3,326.33 points after 64 million securities changed hands in the broader market.
In terms of companies to watch, we have Mapletree Logistics Trust. The trust’s manager said it will divest its entire equity interest in its wholly foreign-owned enterprise, Mapletree Logistics Warehouse (Xian), for an estimated price of 70.5 million yuan (S$13.1 million).
Elsewhere from the US Fed Chair Jerome Powell’s explanation as to why officials are not ready to cut rates, to how Tesla shareholders voted yes to Elon Musk’s US$56 billion pay package – more international and corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
6/13/2024 • 15 minutes, 58 seconds
K-Experience: Why #Wonyoungism is a no for me
"Wonyoungism" is a new personal development trend driven by fans of Jang Won-young, member of the kpop group IVE. Jang Won Young is the current IT girl - and everyone wants to be like her. Her looks, her personality, and her confidence have become a mantra for thousands of young Korean women.And the hashtag #wonyoungism has bloomed among the fandom. But should you follow this trend? On K-WAVE, Hongbin Jeong dives into why this experience is a no for her. See omnystudio.com/listener for privacy information.
6/13/2024 • 6 minutes, 49 seconds
R.I.C.H: Is this man's collection Lego-ing well?
Robin Chua, a Lego enthusiast, initially enjoyed collecting Lego as a child. As an adult, he suggested a Lego Advent Calendar as a Christmas gift, which led to an increase in Lego minfigs. On R.I.C.H., Roshan Gidwani speaks to Robin Chua, Community Manager, ASME, to share more about his collection journey.
Produced by Alexandra Parada ([email protected])
Edited by Aaron Lam
Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
6/13/2024 • 14 minutes, 23 seconds
Culture Club: Who’s chiming in? It's the TENG Company’s melody
MRT stations have introduced tuneful chimes, similar to those found in South Korea and Japan, as "audio guides" for the visually impaired. It was a collaboration between the SMRT and a local non-profit arts company The TENG Company. On Culture Club, Roshan Gidwani speaks Dr Samuel Wong, Co-Founder and Creative Director, The TENG Company, to share more about this project.
Produced by Alexandra Parada ([email protected])
Edited by Aaron Lam
Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
6/13/2024 • 14 minutes, 16 seconds
What's Trending: How this cat skated into the world record books
On What's Trending, skateboarding cat named Bao Zi, broke the Guinness World Record by skating a distance of 32 feet, 9.2 inches in just 12.85 seconds at just 1 year and 8 months old. Also, a man in Michigan who left school to fight in the Korean War, has received his high school diploma at the age of 90.See omnystudio.com/listener for privacy information.
6/13/2024 • 6 minutes, 1 second
Sports Minutes: Is it ACTUALLY coming home in 2024? Wes Brown weighs in on England's chances of Euro 2024 glory
58 years since England last tasted success in an international tournament, the Three Lions will embark on their latest attempt to end their decades at Euro 2024 - which starts in Germany on 14 June 2024. Will Gareth's ‘golden generation’ finally fulfil their potential or will the burden of expectation weigh them down once again? With 23 senior caps for England that include appearances at the 2002 FIFA World Cup in Korea and Japan, Wes Brown knows a thing or two about dealing with pressure and he spoke to Zia-ul Raushan ahead of the European Championships!
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
6/12/2024 • 11 minutes, 53 seconds
Spill the Tea: Delusional singer or negligent hospital?
A member of US soul group the Four Tops is suing a hospital, claiming doctors halted emergency treatment and ordered a psychological evaluation because they did not believe him when he told them he was famous.See omnystudio.com/listener for privacy information.
6/12/2024 • 5 minutes, 18 seconds
Market View: Last lookahead to US May CPI, Fed’s June decision; China’s May inflation, Apple nearly overtake Microsoft as world’s most valuable company on AI announcements, Oracle’s deals with Google, OpenAI; Raspberry Pi’s IPO and more
Singapore equities started the morning on a strong footing, amid mixed global performance overnight.
In the morning, the Straits Times Index (STI) opened 0.3 per cent higher at 3,320.48 points after 55.6 million securities changed hands in the broader market.
In terms of companies to watch, we have Yoma Strategic. The firm had responded to Singapore Exchange Regulation’s queries on the unusual trading activity of its shares, noting that it was unaware of any reasons for such trading.
Elsewhere, from more on China’s May inflation numbers and how Apple shares hit a record high in the previous session on the back of announcements on its new AI features, more international and corporate headlines are in focus.
We will also have one last look at expectations on May’s US CPI numbers and the Federal Reserve June rate decision before we get the official prints and announcements later tonight or tomorrow morning.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Carmen Lee, Head of OCBC Investment Research.See omnystudio.com/listener for privacy information.
6/12/2024 • 15 minutes, 4 seconds
K-Entertainment: Dating scandals that have rocked the K-industry of 2024
For Korean celebrities and idols, diving into the dating scene is a big taboo. The moment their carefully constructed public image collides with the messy truth of their romantic relationships, chaos ensues. And their dating life becomes a scandal. Some are issuing apologies to fans, while even their entertainment agencies’ stock prices plunge. But why all the commotion? On K-WAVE, Hongbin Jeong dives into some dating scandals that have rocked the K-industry. See omnystudio.com/listener for privacy information.
6/12/2024 • 6 minutes, 57 seconds
Under the Radar: Openspace Ventures’ Hian Goh on what a deepening funding winter means for VC firms, screening for the next unicorn amid the AI craze and cashing out on investments like Love, Bonito
Using active intelligence to find and back companies creating transformational impact at the intersection of tech and life. That’s what we’re going to talk about today.
Founded in 2014, our guest is Openspace Ventures, a multi-stage investor that looks at Southeast Asian B2C and B2B businesses with a compelling vision for expansion.
The firm looks at three types of targets: (a) Series A and B firms with an established product-market fit and need capital for rapid scaling, (b) Series C and D firms who are market leaders with proven revenue traction but need capital for expansion into new markets or adjacent spaces and finally, (c) firms that belong to the rising asset class of crypto and Web3.
Openspace Ventures currently has 6 funds and over US$800 million under management, supported by regional institutional investors including Singapore’s state investor Temasek, Germany’s DEG, Norway’s Norfund and the Softbank Group.
The VC firm has over 45 portfolio companies under its belt and is one of the early investors into GoTo. Other notable companies it has invested in include Finnomena, Halodoc as well as homegrown fashion label Love Bonito.
But what role has Openspace Ventures played in helping its portfolio companies become who they are today using active intelligence and how far can that playbook be used for other startup targets?
Meanwhile, the SE Asia Deal Review compiled by DealStreet Asia revealed in May this year that startups in Southeast Asia raised US$1 billion in equity funding in the first quarter of 2024, down 41 per cent on a yearly basis.
Does this mean that VCs are more selective with investment targets? And given Openspace Venture’s focus on Web 3 firms, how does it screen for quality investments amid the generative AI craze? And is this the time for the firm to cash out on some of its existing investments?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Hian Goh, Founder and General Partner, Openspace Ventures.See omnystudio.com/listener for privacy information.
6/12/2024 • 36 minutes, 10 seconds
Culture Club: In your Glow Up era? Get refreshed at Glow Festival Singapore
Get ready to breathe, stretch and Glow as Glow Festival returns for its third installation this year.
An inaugural presentation by Prudential, Glow Festival will be held at Marina Bay Sands’ Event Plaza and Rain Oculus from 6 to 21 July 2024, with over 70 fitness and wellness workshops across six wellness zones – promising the biggest wellness event you’ve ever seen.
Martin Capstick, Founder of Glow Festival Singapore shares more about the conceptualisation of Glow Festival 2024 and the revolution of the wellness landscape in Singapore.
Presented by: Roshan Gidwani
Feature produced and edited by: Nadiah Koh
Do you have a story to tell on The Evening Runway show? Contact [email protected]
See omnystudio.com/listener for privacy information.
6/12/2024 • 14 minutes, 13 seconds
R.I.C.H: Was it worth leaving e-commerce for e-journals?
Matthew Baloglow is a digital marketing professional with over 8 years of experience in marketing, eCommerce, and leadership. Eventually, he took the risk and left his full-time job to build a startup. On R.I.C.H., Roshan Gidwani speaks to Matthew Baloglow, Founder, Journalfy, to find out more.
Produced by Alexandra Parada ([email protected])
Want to get featured on our show? Drop me an email today!See omnystudio.com/listener for privacy information.
6/12/2024 • 15 minutes, 1 second
What's Trending: What washed up on Oregon's shores?
On What's Trending, a rare hoodwinker sunfish, thought to only live in temperate waters in the southern hemisphere, has washed up on Oregon's northern coast. Also, a traveler at Boston Logan International Airport was found to have mummified remains of four monkeys, including heads, in his bag.See omnystudio.com/listener for privacy information.
6/12/2024 • 5 minutes, 9 seconds
Spill the Tea: Yes, Big T-Shirt Billie Eilish
Since Billie Eilish shot to worldwide stardom she has also scooped up multiple awards such as the Oscar for Best Song. But the singer also said that she struggled to maintain friendships when she first found fame.See omnystudio.com/listener for privacy information.
6/11/2024 • 3 minutes, 47 seconds
R.I.C.H: Can celebrity photographers turn into industry leaders?
Kevin Ou is a renowned entrepreneur and creative visionary, known for his multifaceted career spanning photography, entertainment consulting, and luxury experience design. And now, he has transitioned to working as an entertainment consultant. On R.I.C.H., Roshan Gidwani speaks to Kevin Ou, Chief Experience Officer, The Lumenere Group, to find out more.See omnystudio.com/listener for privacy information.
6/11/2024 • 16 minutes, 49 seconds
Market View: Apple and OpenAI’s partnership vs Elon Musk; Movements ahead of US FOMC, CPI; SIA’s compensation for passengers of turbulence-hit SQ321 flight and more
Singapore shares began trading in positive territory today, after US stocks inched up overnight.
In the morning, the Straits Times Index (STI) opened 0.2 per cent higher at 3,328.91 points after 47.1 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Seatrium after the firm announced that its director Lai Chung Han will resign on the 30th of June.
Elsewhere, from more on SIA and compensation for affected passengers on the turbulence hit SQ321 flight, to Apple and Open AI’s partnership to bring ChatGPT technology to the phone maker’s devices, more corporate headlines are in focus today.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Prashant Dagur, Investment Counselor Team Lead at Citi Private Bank. See omnystudio.com/listener for privacy information.
6/11/2024 • 12 minutes, 33 seconds
K-Influencer: Is rural Korea an untapped frontier for aspiring English teachers?
Ever wanted to go to South Korea and teach English there? Well this guest did just that. She’s an inspiring influencer who put her passion for teaching and her love for travel together. She’s moved all the way from the US to South Korea in 2021 to embark on a new adventure in a rural city of South Korea. On K-WAVE, Hongbin Jeong speaks to Eliza Mikunda to find out more about her journey to South Korea and how she became a teacher in the rural city of Asan.See omnystudio.com/listener for privacy information.
6/11/2024 • 12 minutes, 39 seconds
Culture Club: How is Zapateria keeping the Philippines' shoe capital alive?
Zapateria is a creative hub in Marikina, Philippines, that promotes shoemaking and encourages collaboration among aspiring designers, makers, entrepreneurs, and hobbyists. On Culture Club, Roshan Gidwani speaks to Glice Batulan, Managing Director, Zapateria, to find out how it aims to elevate Filipino shoemaking to a world-class level.See omnystudio.com/listener for privacy information.
6/11/2024 • 14 minutes, 30 seconds
What's Trending: How is piglet yoga melting hearts and stress
On What's Trending, a research has revealed that African elephants are highly social, always talking and touching each other. They call each other and respond to individual names, a rare trait among wild animals. Also, piglet yoga is a popular practice that involves yoginis making poses with piglets, rabbits, and goats.See omnystudio.com/listener for privacy information.
6/11/2024 • 6 minutes, 42 seconds
Market View: Hotter-than-expected US nonfarm payrolls, Apple’s WWDC, September Fed cut expectations ahead of FOMC meeting; Euro drops on election risk; Alibaba Investment sold shares in SingPost and more
Singapore stocks began trading in positive territory today, even as global markets ended lower last week.
In the morning, the Straits Times Index (STI) opened 0.1 per cent higher at 3,332.63 points after 57.8 million securities changed hands in the broader market.
In terms of companies to watch, we have Singapore Post, after the subsidiary of Chinese e-commerce giant Alibaba Group, Alibaba Investment, sold 72.5 million shares in SingPost for S$33.3 million on Friday.
Elsewhere, from movements in the Euro after parliamentary votes saw leaders in France and Germany suffer losses to expectations on the US Federal Reserve’s first rate cut amid Friday’s hotter-than-expected nonfarm payrolls numbers, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
6/10/2024 • 13 minutes, 1 second
Spill the Tea: Can Taylor’s friends be normal?
Jason Kelce has voiced his opinion on how much attention his brother, Travis Kelce has experienced since he’s been dating Taylor Swift. See omnystudio.com/listener for privacy information.
6/10/2024 • 4 minutes, 6 seconds
Sports Minutes: Making plans this June holidays? How about watching hockey at Sengkang?
Today’s Sports Minutes is one for parents! The June Holidays are in full flow and your kids have finished all their assessment books, and all scrolled out from Social Media. They’re getting restless at home and you’re wondering what you can do keep them occupied! Well, how about to watch some LIVE sporting action for FREE? The Asian Hockey Federation cup is happening June 14 to 23 and Desmond Ang, vice-president and Competition’s committee Chair of Sg Hockey Federation tells us why it's the place to be!
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
6/10/2024 • 10 minutes, 28 seconds
R.I.C.H: Can you become a millionaire from owning company equity?
Can you earn millions from equity ownnweship?
Bhavik Vashi, Managing Director, Asia Pacific & Middle East at Carta did just that when he was working with Anaplan; he took the company to IPO and became a millionaire as a result of owning the company’s equity.
With that said, should employees always negotiate for company ownership as part of their job package? At the same time, how do you navigate the complexities of ownership structures? More importantly, are you negotiating for enough equity?
Bhavik Vashi, Managing Director, Asia Pacific & Middle East, Carta shares his insights.
Presented by: Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
6/10/2024 • 16 minutes, 36 seconds
Under the Radar: What remains of White pepper crab maker No Signboard after selling its trademark, and what is the firm doing to turn its business around?
Most eateries and restaurants we eat at have a huge signboard at their entrances. But one seafood restaurant chain selling White Pepper Crab, however, doesn’t haveone.
You can perhaps already guess who my guest for today is. Started in the 1970s as a humble seafood hawker stall at Mattar Road Hawker Centre selling homemade White Pepper Crab, our guest No Signboard Holdings now prides itself as a lifestyle F&B player in Singapore.
The firm operates concepts such as No Signboard Seafood, Little Sheep Hot Pot and nosignboard Sheng Jian, and was listed on the Catalist Board of the Singapore Exchange in November 2017. It also has a beer business distributing beer brand Draft Denmark here in the lion city.
Why are we talking to No Signboard Holdings? Well, the company’s shares have been suspended since January 2022 after it was unable to prove that it can continue operations after the COVID-19 pandemic. Its beer business, Danish Breweries, was also put under voluntary creditors’ liquidation in March that year.
To keep the No Signboard Holdings afloat, the firm signed a rescue deal with Gazelle Ventures in May 2022, where Gazelle Ventures would invest S$5 million in No Signboard. But that wasn’t the end of the story, with the firm seeing a series of legal issues relating to its leadership since that deal.
After two tumultuous years for the seafood restaurant chain, the embattled F&B player got the nod from the Singapore Exchange Regulation to resume the trading of its shares on the 15th of March. But how does the firm intend to turn its business around?
Meanwhile, No Signboard also said in March that it will sell its trademarks under a settlement agreement to its former executive chairman, Lim Yong Sim, former controlling shareholder GuGong and Mattar Road No Signboard Seafood Restaurant.
But what will be left of No Signboard without its so-called ‘no signboard’ brand? And what value does No Signboard present for Gazelle Ventures, without its brand? Is this a case of backdoor listing for Gazelle Ventures?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Lok Pei San, Chief Financial Officer, No Signboard Holdings.See omnystudio.com/listener for privacy information.
6/10/2024 • 27 minutes, 54 seconds
K-Slang: What to say if you want to end a conversation
Have you ever been in a conversation where you had a lot to say but you just chose not to say anything, because sometimes, it’s better left unsaid? During those moments, you just don’t want to add onto the conversation because then, the conversation will never end. Let’s be honest, those conversations never go anywhere. So what can you say? Gen Z’s got the perfect slang word to end those conversations in a heartbeat. Find out more on this episode of K-slang word of the week on K-WAVE with Hongbin Jeong. See omnystudio.com/listener for privacy information.
6/10/2024 • 3 minutes, 50 seconds
Culture Club: Pack for the planet. Travel with style & sustainably
Many of us have started making tiny changes to become more sustainable as the awareness of our impact on the environment grows.
For instance, many people have been attempting to minimize their environmental impact while travelling abroad or within their own nation.
So, why not start out small by using your suitcase?
That’s precisely where the new Samsonite Suntec City store steps in.
It’s a sanctuary for eco-conscious shoppers, offering a meticulously curated selection of products that seamlessly blend sustainability with luxury.
Satish Peerubandi, Vice President, Samsonite Southeast Asia tells us more.
Presented by: Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
6/10/2024 • 11 minutes, 24 seconds
What's Trending: Can an alligator be your emotional support animal?
On What's Trending, Eau de Paris has donated over $100,000 to cover the costs of trays, aprons, coffee, and croissants for the upcoming summer Olympics. The race, "Course des Cafés," involves waiters and waitresses carrying a tray loaded with a croissant, a full water glass, and an empty coffee cup. Also, a Georgia animal rescuer, found a unique alligator named Wally at the age of 8. Wally's affectionate behavior, including chin rubs and hugs without biting, has provided comfort and become the first reptile certified as an emotional support animal.See omnystudio.com/listener for privacy information.
6/10/2024 • 6 minutes, 2 seconds
Spill the Tea: Questions about memory upset Biden
President Joe Biden is being questioned about whether his memory is fine or not, and whether he can actually continue as president. In a news conference he replied a reporter saying that his memory is “so bad”, he let the reporter speak. See omnystudio.com/listener for privacy information.
6/7/2024 • 5 minutes, 52 seconds
R.I.C.H: “I ran out of options of failing so I started succeeding" - Antonio Sustiel
From dropping out of grade school in Israel to moving to the U.S. with just $400 in his pocket, Antonio Sustiel story is a true testament to grit, determination, and the pursuit of the American Dream. And now, he has turned laminate flooring into a multimillion-dollar business. On R.I.C.H., Hongbin Jeong and Roshan Gidwani, speaks to Antonio Sustiel, CEO, Flooring King, to find out more.See omnystudio.com/listener for privacy information.
6/7/2024 • 14 minutes, 50 seconds
Market View: ECB’s first rate cut in 5 years; US nonfarm payrolls; Boeing’s departing CEO to testify before US Senate; MSCI China climbed 24% from January low; Nio’s adjusted net loss widens in Q1 and more
Singapore equities began trading in positive territory today, as US investors awaited crucial payrolls data and mull the European Central Bank’s move to cut lending rates.
The Straits Times Index (STI) opened 0.2 per cent higher at 3,336.22 points after 27.7 million securities changed hands in the broader market.
In terms of companies to watch today, we have Shanghai-based electric vehicle (EV) maker Nio, after its adjusted net loss widened by 18.1 per cent to 4.9 billion yuan (S$911.7 million) in the first fiscal quarter.
Elsewhere, from more on the European Central Bank’s first rate cut in five years to Boeing’s departing CEO set to testify before the US Senate on issues surrounding the planemaker’s safety crisis, more international and corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.See omnystudio.com/listener for privacy information.
6/7/2024 • 16 minutes, 36 seconds
K-Entertainment: Coming in hot - ATEEZ, NewJeans, Aespa top charts
May ended with a hot week, full of new K-pop song releases. ATEEZ, NewJeans, and Aespa all make a comeback with new hits. Which of these songs will be on replay? See omnystudio.com/listener for privacy information.
6/7/2024 • 4 minutes, 21 seconds
Culture Club: How to travel the world with no money and love it
At what age do parents encourage their children to travel on their own?
According to a new survey from Skyscanner, nearly 1 in 2 Singaporean travelers have travelled independently before the age of 18, with over half of them funding these trips themselves!
How do plan for an overseas trip without your parents' sponsorship or breaking the bank?
Cyndi Hui, Travel Trends and Destination Expert at Skyscanner and Joey Lim, Co-founder of SAV Finance, Singapore’s youth-centred personal finance platform reveal their top hacks.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
6/7/2024 • 14 minutes, 29 seconds
What’s Trending: Incredible news! Edna Mode creates your next supersuit
On What's Trending, Airbnb has partnered with Disney to bring Edna Mode, the creator of the iconic superhero costumes from the Disney animated movie The Incredibles, to the real world. Also, Boba Fett, a character from Star Wars, is now the world's most valuable vintage toy.See omnystudio.com/listener for privacy information.
6/7/2024 • 8 minutes, 4 seconds
Spill the Tea: Zachary Quinto- an “entitled” celebrity
Actor Zachary Quinto has been banned from a Toronto Restaurant after he berated staff. He allegedly yelled at staffers at Manita restaurant “like an entitled child” and demanded a table. See omnystudio.com/listener for privacy information.
6/6/2024 • 4 minutes, 17 seconds
Market View: Nvidia crosses US$3 trillion market cap; Antitrust investigations into Microsoft, OpenAI, Nvidia; ADP private payrolls May report; OUE Reit, UG Healthcare, Jasper Investments, Oxley; China’s national chip fund reportedly should raise over US$47.5b
Singapore equities started the morning on a strong footing, tracking global gains overnight.
In early trade, the Straits Times Index (STI) moved 0.3 per cent higher at 3,341.31 points after 45.8 million securities changed hands in the broader market.
In terms of companies to watch, we have OUE Real Estate Investment Trust, after its wholly owned subsidiary, OUE Reit Treasury, priced its offering of S$250 million of green notes.
Elsewhere, from more on UG Healthcare and Oxley seeking up to US$120 million in a private credit loan, more local headlines in focus.
Also on deck – how the US Justice Department and the Federal Trade Commission have reportedly reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the artificial intelligence industry.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
6/6/2024 • 16 minutes, 23 seconds
K-Influencer: How this influencer is revealing all her family's secret recipes to spread the Korean heritage
Sarah Ahn is a culinary storyteller and creator of Ahnest Kitchen, where she shares the heartwarming journey behind her family's cherished recipes. Each dish serves as a link to her family's heritage, weaving together a tapestry of tradition and personal narrative. On K-Influencers, Hongbin Jeong speaks to Sarah Ahn, Creator of Ahnest kitchen, and works professionally at America’s Test Kitchen, to find out more.See omnystudio.com/listener for privacy information.
6/6/2024 • 14 minutes, 29 seconds
Under the Radar: How far is ComfortDelGro anchored in Singapore and the taxi business? Its Chairman Mark Greaves sheds light on the matter.
We’re going to talk about a company that is most famously known as a taxi and bus operator here in sunny Singapore.
Formed in March 2003 through the merger of two publicly-listed land transport companies – Comfort Group and DelGro Corporation, our guest is ComfortDelGro, and one of the largest land transport companies in the world.
The company's businesses now include bus, taxi, rail, car rental and leasing, automotive, inspection and testing services, driving centres, non-emergency patient transport services, insurance broking and even outdoor advertising.
Just to give you a sense of ComfortDelGro’s scale, the firm now operates in 12 countries such as Singapore, Australia, the UK, New Zealand and China, with a global fleet of about 40,000 vehicles.
In Singapore, the company owns 75% of the largest scheduled bus operator SBS Transit, and operates about 9,000 Comfort and CityCab taxis. And if you do drive, the firm is behind the car inspection company Vicom.
But why are we talking to ComfortDelGro you might ask? Well, ComfortDelGro had in May posted a 23.8 per cent year on year increase in net profit to S$40.6 million in Q1 ended March, thanks to higher revenue from its public transport, taxi and private hire vehicles, and lower rental discounts in Singapore and China.
But how does the firm assess its latest performance, and how far is this contributed by Singapore?
Meanwhile, the firm had in March told The Straits Times that the rail business is a key pillar for ComfortDelGro that it wants to double down on, with the firm working on tenders in the UK and Sydney. But why is this the case, and could the firm be moving away from its taxi business?
The firm had also in February this year acquired UK-based ground transport management and accommodation network specialist CMAC for £80.2 million (S$135.4 million). More recently, ComfortDelGro had in April announced an S$100 million green loan to decarbonise its bus fleet in the UK.
But what is the rationale behind the moves in its overseas markets? Are the UK and Australia stronghold markets for ComfortDelGro and what role does Singapore play in this regard?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Mark Greaves, Chairman, ComfortDelGro.See omnystudio.com/listener for privacy information.
6/6/2024 • 37 minutes, 57 seconds
R.I.C.H: Restaurateur & fashion icon with the perfect recipe for style
What do food and fashion have in common? From the way a dish is presented to the way an outfit is curated, both require a keen eye for detail.
Sam Chua, the founder of Black Cow and Waga Waga Den has the perfect recipe for being a successful restaurateur and a style icon. She’s also the owner of a very stylish Instagram account where she shows off her tailored fits.
Sam Chua, Co-founder and CEO, Black Carvery Group tell us more.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
6/6/2024 • 12 minutes, 28 seconds
Culture Club: YeoDaughter proves batik never goes out of style
Most Singaporeans are no strangers to batik; the wax-resist dyeing technique that originates from Java, Indonesia, and more visibly, in the iconic uniforms of our Singapore Airlines cabin crew.
But what about modern batik wear?
Desleen Yeo, Founder of YeoMama Batik is looking to reimagine traditional batik with an effortlessly fun, colourful, and refreshing twist, and she tells us more.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected]
See omnystudio.com/listener for privacy information.
6/6/2024 • 12 minutes, 40 seconds
What's Trending: Fur-some take on this year's Met Gala looks
On What's Trending, the Pet Gala, hosted by pet couturier Anthony Rubio at the AKC Museum of the Dog in New York, showcased dogs dressed in pet-friendly versions of Met Gala outfits. Also, McDonald's has lost the European Union trademark rights to the chicken versions of its iconic "Big Mac" burgers, as judges ruled that McDonald's failed to do enough to claim exclusive rights.See omnystudio.com/listener for privacy information.
6/6/2024 • 7 minutes, 28 seconds
Spill the Tea: James Corden upset at airport
The former Late Late show host, was apparently the voice of reason at an airport in Lisbon, but pictures depict different emotions. James Corden has been photographed upset and annoyed at airport staff.See omnystudio.com/listener for privacy information.
6/5/2024 • 6 minutes, 10 seconds
R.I.C.H: How an entrepreneur built a multi-million empire with only $250K capital
Tipsy Collective was founded in 2018 with only $250,000 and broke even within six months. Six years later, the multi-concept holding group has 14 brands under its umbrella.
From Tipsy Unicorn, Tipsy Panda, Tipsy Penguin, Lady Wu, Tipsy Bird, and Wallich Manor, there's a spot for everyone.
But how did this home-grown hospitality group establish so much success in such a short span of time?
We sit down with David Gan, Co-Founder and CEO ofTipsy Collective to find out about his leadership values and the group's strategic vision.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
6/5/2024 • 17 minutes, 15 seconds
Market View: US JOLTS and STI movements; OCBC and Seatrium; Bitcoin poked above US$70,000 again amid drop in Treasury yields; Nike’s layoffs in Europe, Microsoft, Google reportedly cutting staff at cloud units
Singapore equities began trading in negative territory today, after US stocks recovered from an early morning fall to close higher overnight.
In early trade, the Straits Times Index (STI) dipped 0.1 per cent to 3,335.82 points after 34.7 million securities changed hands in the broader market.
In terms of companies to watch, we have for you OCBC. The lender has priced 500 million euros (S$732.8 million) of fixed-rate covered bonds due 2027 under its US$10 billion global covered bond programme.
Elsewhere from Japan’s base pay rising the most since 1994 to Nike reportedly laying off workers in its European headquarters – more corporate and international headlines remain in focus.
Also on deck – how Bitcoin has again poked above the US$70,000 level and flirted with a gain for a fifth straight session.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.See omnystudio.com/listener for privacy information.
6/5/2024 • 14 minutes, 8 seconds
K-Food: Must-try Korean pastries
France may be the pastry capital of the world, but South Korea is a pastry paradise. On this episode of K-Food on K-WAVE, Hongbin Jeong dives into South Korea’s very own myriad of delights that tempt your senses that stand out as true culinary treasures.See omnystudio.com/listener for privacy information.
6/5/2024 • 7 minutes, 16 seconds
Culture Club: How absurd can your dining experience get?
Absurdities by AndSoForth is Asia's first immersive dining experience that blends culinary artistry with interactive storytelling. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Stuart Wee, Director and Co-Founder, Andsoforth, to share more about what kind of experience awaits its diners.See omnystudio.com/listener for privacy information.
6/5/2024 • 13 minutes, 35 seconds
What's Trending: A spoon solving your salty problems
On What's Trending, a battery-operated spoon in Japan has been launched to help people reduce their salt intake. The spoon, made of plastic and metal, uses a weak electric current to concentrate sodium ion molecules on the tongue, thereby magnifying the perceived saltiness of food by one and a half times. Also, 3D printing technology is revolutionizing the construction industry, from building the world’s largest 3D-printed neighborhood in Austin, Texas, to addressing housing shortages in Maine.See omnystudio.com/listener for privacy information.
6/5/2024 • 8 minutes, 25 seconds
Spill the Tea: Critics against North West
Critics on social media blasted West's casting in the "Lion King" concert as an instance of nepotism in the entertainment industry. See omnystudio.com/listener for privacy information.
6/4/2024 • 5 minutes, 50 seconds
Market View: India’s General Election, impact on Nifty 50, conglomerates like Tata, Adani; US Manufacturing ISM and concerns on economy; South Korea’s inflation cools in May; Intel’s new chip launch and more
Singapore equities began trading in negative territory today, following mixed performances from US stocks as investors tried to shake off economic concerns.
In early trade, the Straits Times Index (STI) moved 0.1 per cent lower at 3,344.53 points after 27.5 million securities changed hands in the broader market.
In terms of companies to watch, we have CapitaLand Ascott Trust, after the stapled group acquired a remaining 10 per cent stake in a 678-bed freehold student accommodation property in South Carolina.
Meanwhile, from more on India’s general election results and impact on the country’s stock market, to inflation cooling in South Korea - more international headlines remain in focus.
Also on deck, the battle to capture the AI chip market heats up with Intel coming into the picture.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Analyst, OANDA.See omnystudio.com/listener for privacy information.
6/4/2024 • 15 minutes, 6 seconds
K-Experiences: Is making Kimchi hard?
The staple of Korean cuisine is Kimchi. But is making kimchi hard? How long does it take? On K-WAVE, Hongbin Jeong is joined by Roshan Gidwani for a Korean cooking class to learn all about how to make the freshest and crunchiest kimchi in town with Heryong Kwon, founder of Koreancooking.sg, who comes from a family with deep culinary roots.See omnystudio.com/listener for privacy information.
6/4/2024 • 8 minutes, 12 seconds
Under the Radar: From the offshore and shipyarding business to becoming a healthcare player – Catalist-listed AJJ’s transformation into the burgeoning medtech sector
It is all about advancing the healthcare landscape in the region as we speak to one of the leading providers of integrated medical technology solutions in Singapore and Southeast Asia.
Listed on the Catalist board of the Singapore Exchange, AJJ Medtech Holdings offers over 6,000 products ranging from healthcare consumables such as catheters to medical devices like blood glucose monitoring systems.
The company also offers more sophisticated equipment that can be used for the diagnostic imaging of cancer, as well as dental care-related devices. Some of its customers include public hospitals in Singapore, as well as players within the private healthcare landscape.
But what is interesting about AJJ Medtech Holdings was that the firm was formerly known as OEL Holdings up until February this year. And OEL Holdings wasn’t always in the healthcare space.
In fact, OEL Holdings, which was founded back in 1984 in Singapore, was in the offshore shipyard business until just five years ago in 2019. That was when a new management team was handed the reins of the company to break into the growing medtech sector.
The new management team had seen an opportunity in the rising demand for medical devices, and believed that taking over a publicly listed firm like OEL Holdings and pivoting it into a medical business was an efficient way to gain industry recognition and grow quickly.
But fast forward to today, how has the new management’s perceived "reverse takeover" of OEL Holdings’ helped it deepen its roots in the regional healthcare landscape and tap public capital?
Also, where are the bright spots for the firm looking ahead as the population in the region ages, and as countries like Singapore put in additional emphasis on community care?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Yulei Zhang, Chief Strategy Officer, AJJ Medtech and Tan Wei Jie, Director of Business Development, AJJ Medtech. See omnystudio.com/listener for privacy information.
6/4/2024 • 37 minutes, 57 seconds
R.I.C.H: Will this couture jacket collection go down in history?
An NUS Law professor has a collection of nearly 300 couture jackets, showcasing his passion for high fashion, from Louis Vuitton masterpieces to iconic Balmain designs. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Professor David Tan, Co-Director of Centre for Technology, Robotics, AI & the Law, Faculty of Law, National University of Singapore, to share more about his journey from his first jacket to his seven-figure couture collection.See omnystudio.com/listener for privacy information.
6/4/2024 • 16 minutes
Culture Club: #Staycay plans? Try the world's largest Mercure hotel right in SG
Mercure ICON Singapore City Centre opened it's doors on 15 April, featuring 989 keys in Club Street, becoming the world’s largest Mercure hotel.
Located at 8 Club Street, Mercure ICON Singapore City Centre stands as a beacon of luxury between the historic charm of Chinatown and the vibrant energy of the Central Business District.
Maybe it's time to book that well-deserved staycation soon. And why Mercure ICON Singapore City Centre?
Sunshine Wong, Area GM for Novotel Singapore on Kitchener and Mercure ICON Singapore City tells us.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
6/4/2024 • 11 minutes, 53 seconds
What's Trending: Can you become a lawyer by knowing Taylor Swift all too well?
On What's Trending, a Law student wrote a dissertation about Taylor Swift's re-recorded albums and copyright law. The dissertation combines her love for Swift's music with her ambition to specialise in copyright and intellectual property law. Also, an employee noticed that a woman who was originally pronounced dead at a nursing home was still breathing two hours after being pronounced dead.See omnystudio.com/listener for privacy information.
6/4/2024 • 6 minutes, 10 seconds
Spill the Tea: Threatening comments found on TikTok
Young voters in the United Kingdom are creating and viewing fake AI-generated videos spreading misinformation featuring party leaders. This has led to some users posting threatening comments towards Mr Sunak, the PM of the United Kingdom. Some users are also confused about which claims in the videos are factual. See omnystudio.com/listener for privacy information.
6/3/2024 • 5 minutes, 41 seconds
Culture Club: Be transported to Europe at this exotic specialty mart in SG
If you want Chinese, Japanese or Korean produce and products, you probably know several locations around Singapore that sell them.
But where can you find food and drinks from Central and Eastern Europe?
Head down to Anna’s Gourmet, located along Sam Leong Road, and you'll get delicious bounty from the region; from Polish sausages to Lithuanian cottage cheese and Armenian brandy.
Anna Jaeger, Founder of Anna's Gourmet tells us more.
Address 11 Sam Leong Rd, #01-01, Singapore 207903 (Google Maps link)Opening Hours 12pm to 7pm dailyTel (65) 8184 1575Web annasgourmet.sgInstagram @annasgourmet.sg
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
6/3/2024 • 12 minutes, 8 seconds
R.I.C.H: What does it take to become A MASTER OF WINE?
Less than 500 people have passed the Master of Wine exams since 1953, and there are currently about 420 Masters of Wine in the world.
So it goes without saying that to be a Master of Wine is to be in a very exclusive club. And to sit down with a Master Of Wine and ask them to teach you more about what it takes to earn the title? About as rare as sampling a legendary vintage.
We speak with Richard Hemming, Head of Wine, Asia, 67 Pall Mall about his journey to mastery and how to invest in wine.
We also take a look inside private members’ club 67 Pall Mall Singapore, which claims the title of the biggest wine list in Singapore, as well as in Southeast Asia.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected]
See omnystudio.com/listener for privacy information.
6/3/2024 • 15 minutes, 32 seconds
K-Slang: How high is your spice tolerance? Do you have ‘맵부심’ (maep-bu-shim)?
How good are you at taking spice? How high is your spice tolerance? Well, if you’re pretty proud of your spice tolerance - I’ve got just the term for you to describe yourself on this episode of K-slang word of the week. See omnystudio.com/listener for privacy information.
6/3/2024 • 4 minutes, 30 seconds
Market View: Gamestop surges 90% in premarket trade thanks to ‘Roaring Kitty’; Rolex raises prices for some precious metal watches in the UK; AMD speeds up introductions of new AI processors; Nio’s record monthly delivery numbers in May and more
Singapore equities began trading in the positive territory today, after all three major US indexes ended the week significantly higher.
In early trade, the Straits Times Index (STI) edged up 0.3 per cent to 3,346.29 points after 189.5 million securities changed hands in the broader market.
In terms of companies to watch, we have Nio. The Chinese electric carmaker delivered a record high monthly delivery of 20,544 cars in May 2024, which represents a 233.8 per cent year-on-year increase.
Elsewhere, from more on Advanced Micro Devices speeding up introductions of new AI processors to Indonesia’s latest inflation numbers, more corporate and international headlines remain in focus.
Also on deck – why Rolex watches in the UK are now becoming more expensive.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
6/3/2024 • 12 minutes, 14 seconds
What's Trending: Fishing for fortunes - A couple’s lucky $100k catch
On What's Trending, a couple in New York discovered US$100,000 in a safe using magnet fishing. Also, with Singapore's high temperatures, schools have started implementing unique solutions to cope with the heat.See omnystudio.com/listener for privacy information.
6/3/2024 • 7 minutes, 35 seconds
Weekly Wrap Up: Security talks in Singapore, Malaysia's VEP system and the India elections
Foreign-registered cars entering Malaysia to use VEP from October, big tech bolsters its presence in Malaysia and other major events happening in Singapore and the region.
On the Weekly Wrap, The Straits Times' Associate Foreign Editor Lim Ai-Leen discusses recent developments in Malaysia, the world's biggest election in India and the annual defence and security forum International Institute for Strategic Studies Shangri-La Dialogue 2024 taking place in Singapore from 31 May to 2 June.
See omnystudio.com/listener for privacy information.
5/31/2024 • 10 minutes, 30 seconds
Sports Minutes: From Thames to Tampines? How two Italian-Argentine brothers are eyeing a slice of Singapore football!
When you think football owners, chances are you’ll think of the likes of the Glazers, Saudi state-ownership or rich Russian oligarchs. And you'd probably imagine these owners to be sipping champagne and soaking up luxury hospitality suites. But what if I told you that it's not always glitz and glam? In fact, it's more guts and grit as these two brothers have proved. Rafa & Stefano Petruzzo, the owners of Hampton & Richmond Borough FC - who play in National League South, the sixth level of the English football league system - tell us all about the world of football ownership, and how they're eyeing a partnership with Singapore's very own BG Tampines Rovers.
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
5/31/2024 • 26 minutes, 35 seconds
Spill the Tea: Who invented the dish that’s world-famous and eaten by government ministers?
In a 2,752 page court filing, Moti Mahal Delux is suing rival restaurant Daryaganj for falsely claiming to having invented Butter Chicken. The Gujral family behind Moti Mahal is also seeking US$240,000 in damages, also alleging that Daryaganj has copied the layout of Moti Mahal’s website and “the look and feel” of its restaurants. See omnystudio.com/listener for privacy information.
5/31/2024 • 5 minutes, 1 second
Market View: Foxconn expects 40% share of global AI severs market; Donald Trump convicted, impact on Trump Media & Technology Group; US PCE index expectations; Mapletree Pan Asia Commercial Trust, Old Chang Kee, Nio, AEM and more
Singapore stocks started the day marginally higher, after global markets closed mixed overnight.
In early trade, the Straits Times Index (STI) rose 0.02 per cent to 3,324.02 points after 73.7 million securities changed hands in the broader market.
In terms of companies to watch today, we have Mapletree Pan Asia Commercial Trust. The real estate investment trust is divesting Mapletree Anson, a 19-storey office building in Tanjong Pagar, for S$775 million.
Elsewhere, from Foxconn eyeing a 40 per cent share of the global AI server market, to Donald Trump convicted on all charges in his hush money case, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.See omnystudio.com/listener for privacy information.
5/31/2024 • 15 minutes, 31 seconds
RICH: How can you heal your money trauma?
Vangile Makwakwa's journey is nothing short of inspiring. She paid off $60,000 in debt and has since lived in over seven countries without accruing any new debt, all while helping others achieve financial freedom. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Vangile Makwakwa, Money Trauma Coach and Author of "What's Your Money Personality?", Wealthy Money, to find out more on how we can heal from our money trauma.See omnystudio.com/listener for privacy information.
5/31/2024 • 14 minutes, 40 seconds
Under the Radar: Initiating handshakes between private and public organisations in the space economy – Space Faculty on opportunities in the space consulting industry
Founded in 2021, our guest Space Faculty is a business consulting firm and also a pioneer in helping the public and private sectors be a part of the space economy.
The firm’s operations can be segmented into three verticals: one, helping the private sector tap into space-based and deep tech innovations, two, developing national-level STEM 2.0 learning roadmaps for youths and professionals, and three, working with governments to create, expand, and leverage the space industry ecosystem.
For example, the company worked with the Singapore Land Authority to come up with a technology challenge to mobilise youths to develop solutions and prototypes that help SLA’s technologies impact different parts of the community.
It also supports the Office for Space Technology and Industry, Singapore by building a pathway for talent development through bespoke programmes and industry connection points to complement the education system and meet growing industry demand.
Globally, the firm also has a long-term partnership with the US Embassy for the International Space Challenge to showcase the breadth of established and emerging space companies in the global ecosystem, and help them maintain their mindshare in the space industry.
But why are we talking about Space Faculty? Well, McKinsey & Company had in an April report estimated that the global space economy will be worth US$1.8 trillion by 2035, taking into account inflation. That’s a multiple of the US$630 billion seen in 2023.
But where are the untapped opportunities in this space (pun intended) – and how far does that translate into earnings for Space Faculty?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Lynette Tan, CEO, Space Faculty. See omnystudio.com/listener for privacy information.
5/31/2024 • 34 minutes, 43 seconds
K-Entertainment: The 8 Show - When do you want to end the show?
8 characters. 8 floors. 8 episodes. This latest Korean Netflix show might be the next series you might be binge watching, keeping you on edge with the twist and turns, getting you heated with anger.
It's "The 8 Show."
The series follows eight debt-burdened individuals—all on the verge of committing suicide to escape their financial troubles. They end up participating in a mysterious reality competition show in hopes of winning huge amounts of money. But things quickly turn violent and twisted.
If it were you - when would you end the show? See omnystudio.com/listener for privacy information.
5/31/2024 • 6 minutes, 9 seconds
What's Trending: Digging deep into this fossil hunter's dream
On What's Trending, a man fulfilled his childhood dream on being a professional fossil hunter, and it ended with a stunning find: the first stegosaurus skeleton, which will be auctioned at Sotheby's in Manhattan. Also, NASA and international partners are developing a new time scale for lunar activities to address discrepancies in lunar clocks due to its lower gravity.See omnystudio.com/listener for privacy information.
5/31/2024 • 6 minutes, 59 seconds
Culture Club: Expired makeup may just be your next art tool
Elain Lim, a makeup artist has transformed her passion for beauty into a unique form of visual art. She went from painting faces to painting canvases, using expired makeup as her medium. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Elain Lim, Artist, Luluel Art Studio, to find out more.See omnystudio.com/listener for privacy information.
5/31/2024 • 11 minutes, 52 seconds
Spill the Tea: One of the world’s biggest botnets has been taken down
Chinese National YunHe Wang, who is also a St Kitts and Nevis citizen, has been charged with creating and operating the network. Law enforcement agencies from around the world have shut down a global malware network which stole $5.9bn and is linked to other crimes, the U.S. Department of Justice has said. See omnystudio.com/listener for privacy information.
5/30/2024 • 4 minutes, 1 second
K-Experiences: How would you like a K-Pop Idol makeover done by a celebrity make-up artist?
We find it irresistible to fawn over K-pop idols and celebrities, especially when it comes to their flawless glass skin. But behind all the iconic, stunning makeup looks are the masterful makeup artists. What if you could get your make-up done by someone these celebrities actually go to for their looks?See omnystudio.com/listener for privacy information.
5/30/2024 • 9 minutes, 36 seconds
R.I.C.H: How to go from a mess to a clean success
Kacie Stephens, a mother of four who transformed her life from battling alcohol addiction to running a successful cleaning business, The Big Clean Co. On R.I.C.H., Hong Jeong and Roshan Gidwani speaks to Kacie Stephens, Founder, For All Australia, to share more about how she overcame her personal struggles and revolutionised the cleaning industry.See omnystudio.com/listener for privacy information.
5/30/2024 • 11 minutes, 29 seconds
Market View: Earnings from Sats, OCBC to invest HK$1.5b in Greater China; Google to invest US$2b in Malaysia, Sony on Crunchyroll and anime, Link Reit calls for HK to resume multi-entry visas from Shenzhen and more
Singapore equities dipped at the opening bell today as overnight declines in US and European markets kept investors on the sidelines.
In early trade, the Straits Times Index (STI) shed 0.2 per cent to 3,316.4 points after 37.8 million securities changed hands in the broader market.
In terms of companies to watch today, we have Sats after the in-flight caterer and ground handler yesterday reported earnings of S$64.1 million for the second half ended Mar 31, 2024, more than 10 times the S$6 million booked in the previous corresponding period.
Elsewhere, from Sony riding on the growing popularity of anime outside of Japan, to Google’s US$2 billion investment in Malaysia, more corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the key developments influencing financial markets for the day.See omnystudio.com/listener for privacy information.
5/30/2024 • 13 minutes, 20 seconds
Culture Club: Demon Slayer-inspired cocktail? A Dragon Ball Z cocktail? This bar has it all.
Located on the fifth floor of Far East Plaza, Ume Maru is a testament to the art of hidden bars, tucked away behind a towering bookshelf adorned with a vibrant collection of classic Japanese manga and graphic magazines. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Jeffry Lautan, General Manager, Ume Maru, to find out more about Ume Maru and its offerings.See omnystudio.com/listener for privacy information.
5/30/2024 • 9 minutes, 51 seconds
What's Trending: Will you go "I'm Lovin' It" to Mcdonald's new sweet treats?
On What's Trending, McDonalds in Japan will release a limited edition dessert menu on June 5th, featuring Asian sweet treats that reflects Chinese, Vietnamese, and Filipino cuisine, with options like mango sauced sundae and banana caramel pie. Also, Qatar Airways has been named the World's best airline for 2024 by Australia-based aviation safety and product rating agency AirlineRatings.com.See omnystudio.com/listener for privacy information.
5/30/2024 • 5 minutes, 2 seconds
Spill the Tea: The dark truth behind truffle hunting
Truffles can cost as much as US$300,000. Thus, there is fierce competition. There are some jealous hunters who get upset when other crews with truffle dogs score big and poisonous traps have been laid out in Tuscany. See omnystudio.com/listener for privacy information.
5/29/2024 • 4 minutes, 50 seconds
Sports Minutes: Two Singaporean NTU students win internship at Red Bull’s Formula One HQ
Now what do you think of when we talk about internships? Chances are you think of two words - overworked and underpaid. But what if an internship surrounded two very different words…and that is Formula One! That’s right, two very fortunate Singaporeans have been selected from thousands of applicants for what’s being described by most as an “opportunity of a lifetime” - to work as interns at Red Bull Racing’s headquarters in Milton Keynes, England! Zia-ul Raushan caught up with the two NTU undergrads - Charis Chua and Heng Yi-Hsin - ahead of their plunge into the fast lanes!
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
5/29/2024 • 11 minutes, 4 seconds
Under the Radar: How will Razer Fintech’s rebranding to Fiuu help it move away from its gaming heritage and be a leading force in the future of digital payments? – Its Executive Chairman Limeng Lee sheds light on the matter
Today we’re going to bring you an inside look into the B2B merchant services and fintech arm of Razer, Fiuu.
Established back in April 2018 as Razer Fintech, Fiuu has grown to become the one of the largest O2O or Offline to Online digital payment networks in emerging markets and has processed over billions of dollars in total payment value.
For one thing, Fiuu recorded a Total Payment Volume, or TPV of over US$6.6 billion for FY 2023, positioning it as one of the largest payment processors in Southeast Asia.
Its business encompasses two verticals namely payment services and reload services. In terms of payment services, the firm supports global scheme cards and over 110 payment methods to power online and offline payments for global and regional blue-chip merchants in Southeast Asia.
On the reload services front, the firm has built the region’s largest offline payment network with over 1 million physical acceptance points. This includes cash-over-counter services like the fulfilment of e-commerce purchases, bill payments and telco reloads and merchant acquiring services for third party e-wallets.
Why are we talking to Fiuu you might ask? Well, the firm was rebranded from Razer Fintech to Fiuu in March this year to reinforce its intentions to become a leading force in the future of digital payments.
But how far does the rebranding initiative allow the firm to move away from its gaming heritage?
Meanwhile, a report by Google, Temasek and Bain & Company noted that digital payments now make up over 50% of transactions in Southeast East Asia. But what opportunities does this provide to Fiuu and Razer?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Limeng Lee, Executive Chairman, Fiuu, and Chief Strategy Officer, Razer.See omnystudio.com/listener for privacy information.
5/29/2024 • 30 minutes, 7 seconds
Market View: IMF raises China’s growth forecast, Apple’s first store in M’sia, Vietnam’s inflation at 16-month high; Singtel and STT Telemedia Global Data Centre, Yoma Strategic’s earnings, CDL buys over Delfi Orchard
Singapore stocks started the day on a softer note, after US markets closed overnight mixed.
In early trade, the Straits Times Index (STI) dipped 0.1 per cent to 3,326.72 points after 51.2 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Singtel. That’s after two sources with knowledge of the matter told Reuters that the telco is part of a consortium poised as a frontrunner to buy a minority stake worth US$1 billion in STT Telemedia Global Data Centre (STT GDC), one of Asia’s biggest data centre providers.
Elsewhere from Vietnam’s inflation hitting an 11-month high to Apple opening its first retail location in Malaysia next month, more international and corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Carl Ashton, Investment Counselor, Citi Private Bank.See omnystudio.com/listener for privacy information.
5/29/2024 • 13 minutes, 32 seconds
K-Food: Are you hungry for Hansik?
The Peak released an article titled “Hungry for Hansik: Why Korean temple cuisine and fermentation are gaining popularity”, where Korean cuisine, also known as Hansik has been rising in global popularity, ranging from its unique elements like temple cuisine to fermentation. On The Peak Special on K-Wave, Hongbin Jeong speaks to Kenneth Goh, Digital Editor, The Peak Singapore, to find out more.See omnystudio.com/listener for privacy information.
5/29/2024 • 9 minutes, 38 seconds
R.I.C.H: How this CEO is changing the education world with AI
On this month's edition of The Business of Learning, Neo Zhizhong, co-founder and CEO of Geniebook, was featured. Neo is reinventing the education sector through AI through Geniebook, which uses AI to personalize learning, helping students achieve their best with minimal time and stress. On The Peak Special on R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Zat, Editor-in-Chief, The Peak Singapore, to find out more about his key takeaways from his chat with Neo.See omnystudio.com/listener for privacy information.
5/29/2024 • 17 minutes, 4 seconds
Culture Club: Wander to the world of watches - Highlights of Watches and Wonders 2024
Watches and Wonders 2024 has caused quite a stir within the watchmaking community. Watches and Wonders is the place where artistry and luxury collide, and watches become more than just useful instruments. On The Peak Special on Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Yanni Tan, Style & Watches Editor, The Peak Magazine, to find out more about this year's event.See omnystudio.com/listener for privacy information.
5/29/2024 • 12 minutes, 29 seconds
What's Trending: How much would you pay to be Home Alone
On What's Trending, tensions on the Korean Peninsula have risen, with North Korea sending 90 balloons filled with propaganda leaflets and rubbish to the South. Also, a house in Illinois, known for being the location of the movie "Home Alone," is now up for sale at a price of $5.25 million.See omnystudio.com/listener for privacy information.
5/29/2024 • 7 minutes, 31 seconds
Spill the Tea: Minors are employed unfairly as Jasmine pickers
L’oreal is one of the companies that have contacted their suppliers about an investigation which reveals that a key ingredient in their products is being picked by minors. Also, the wages that the pickers do earn is less than ever before, and they are often living below the poverty line. See omnystudio.com/listener for privacy information.
5/28/2024 • 5 minutes, 49 seconds
Market View: Seatrium net order book of S$25.8B; Boustead Singapore’s H2 net profit up 64%, China’s investment fund for semiconductor, Expectations on US PCE, Eurozone inflation numbers and more
Singapore shares started the day on a stronger note, following European stocks’ overnight gains.
In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,327.47 points after 41.8 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Seatrium, after the offshore and marine group achieved a current net order book of S$25.8 billion.
Elsewhere from more on Boustead Singapore’s earnings to how China came up with a third fund totalling US$47.5 billion to boost its semiconductor sector, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Jeremy Tan, CEO, Tiger Fund Management.See omnystudio.com/listener for privacy information.
5/28/2024 • 14 minutes, 50 seconds
R.I.C.H: How do the rich invest in their health?
Levitise is Singapore's premier health and wellness center for senior executives. They help elevate C-suite professionals' well-being and leadership. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Alex Mearns, Founder & Executive Coach, Levitise, to discover how Levitise's holistic approach addresses the unique challenges faced by C-suite professionals, from stress management and nutrition to corrective exercise and personalized coaching.See omnystudio.com/listener for privacy information.
5/28/2024 • 13 minutes, 3 seconds
K-Influencer: Ever thought of staying in Korea for over a month?
Are you planning to go to Korea any time soon? Well, have you considered staying there for 52 days? On K-WAVE, Hongbin Jeong speaks to Leah - also known as @mizchiefmagikk on TikTok, shares her unforgettable journey, offering insights and tips from her daily adventures in Seoul that have captivated her followers on TikTok.See omnystudio.com/listener for privacy information.
5/28/2024 • 18 minutes, 19 seconds
Culture Club: How to make hot bids like a pro
Hotlotz, Singapore's premier auction house, where hidden treasures and bidding wars are the norm. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Matthew Elton, Founder & Managing Director, Hotlotz, to share more about how Hotlotz transforms preloved items into coveted treasures and what's it like to experience the thrill of the auction block.See omnystudio.com/listener for privacy information.
5/28/2024 • 15 minutes, 14 seconds
What's Trending: Stolen history at the British Museum - Who did it?
On What's Trending, Once Upon a Time in Shaolin, a rare album by the Wu-Tang Clan, is set to go on display at an Australian gallery. Also, the FBI is investigating the sale to US buyers of what are suspected to be hundreds of treasures from the British Museum. The museum announced last year that ancient gems, jewellery, and other items from its collection were missing, stolen, or damaged.See omnystudio.com/listener for privacy information.
5/28/2024 • 9 minutes, 4 seconds
Market View: Seatrium’s clinches S$11b worth of contracts, Great Eastern’s minority shareholders on OCBC’s takeover bid, Yangzijiang Financial moves into maritime sector, Chinese Premier Li Qiang meets Samsung boss and more
Singapore stocks opened weaker today after global markets closed last week mixed.
In early trade, the Straits Times Index (STI) headed down 0.1 per cent to 3,312.92 points after 57.2 million securities changed hands in the broader market.
In terms of companies to watch, we have Seatrium, after the offshore and marine specialist said on Saturday that it has obtained S$11 billion worth of contracts to build two new floating production storage and offloading vessels (also known as FPSOs) for Brazil’s national oil company, Petrobras.
Meanwhile, from how a group of Great Eastern’s minority holders is resisting the firm’s S$1.4 billion takeover bid from OCBC bank, to Chinese Premier Li Qiang’s meeting with Samsung’s boss – more corporate headlines remain in focus.
Also in store, what to watch in corporate America this week, and expectations on the latest US PCE price index out later in the week.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
5/27/2024 • 15 minutes, 48 seconds
Sports Minutes: Questions remain despite 'feel good factor' for both Tsutomu Ogura & Erik ten Hag
Manchester United's shock FA Cup triumph unsurprisingly headlines Sports Minutes - but will the Wembley miracle be enough to earn Erik ten Hag a stay of execution? Plus, with Singapore's national team in action against South Korea and Thailand very soon - has head coach Tsutomu Ogura made a mistake by omitting Ilhan Fandi from his squad? Tune in as Deepanraj Ganesan from The Straits Times weighs in!
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
5/27/2024 • 19 minutes, 34 seconds
Spill the Tea: A customer was wrongly identified as a shoplifter
Sara, who wants to remain anonymous was wrongly accused of shoplifting after being flagged by a facial-recognition system called Facewatch. Facewatch later wrote to Sara and acknowledged it had made an error. See omnystudio.com/listener for privacy information.
5/27/2024 • 6 minutes, 17 seconds
R.I.C.H: A look into what a thriving lifestyle looks like
Matt, the visionary behind Thrive Fitness, peel back the curtain on his journey from personal trainer to being his own boss. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Matthew Benfell, Founder, Thrive Fitness, to share more about his journey and how he has shaped Thrive Fitness into a beacon of success in the fitness industry.See omnystudio.com/listener for privacy information.
5/27/2024 • 14 minutes, 17 seconds
K-Slang: Another day, another work day - ‘내또출’ (nae ddo chul)
It’s the feeling on a Sunday night we all have - oh it’s back to work tomorrow, oh I have work tomorrow, making our Monday’s a little more blue. And I have the perfect Korean slang word you can use to say to all your Korean friends on Sunday- or any day when you have work the next day.See omnystudio.com/listener for privacy information.
5/27/2024 • 5 minutes, 45 seconds
Under the Radar: Transformers, MONOPOLY, Play-Doh maker Hasbro on IP licensing, power brands that drive growth, money up for grabs in the movies and entertainment space
Optimus Prime is in the house today as we speak to the company behind the Transformers franchise.
Founded in 1923, our guest Hasbro actually started out selling textile remnants and pencil boxes before becoming the leading toy and game company it is today.
Now, the firm aspires to entertain and connect generations of fans through the exhilaration of play.
Some of the names under the company’s portfolio include Play-Doh, Monopoly, Peppa Pig, Transformers, Dungeons & Dragons, Hasbro Games as well as other premier partner brands.
The firm had in April reported a smaller-than-expected drop in Q1 sales as leaner inventories and a steady stream of digital gaming revenue bolstered it from softer demand for toys.
But with Grand View Research valuing the global toys and games market at US$324.7 billion in 2023 and the industry set to grow at a CAGR of 4.3% from 2024 to the end of the decade (2030), how does Hasbro assess its road ahead? Which brands will continue to drive growth?
Speaking of brands, the firm appears to be doubling down on its Monopoly brand, especially after the Monopoly Go mobile game reached US$2 billion in revenue in the first 10 months since its launch.
For one thing, it had in April this year signed a deal with LuckyChap, the award winning production company headed by Margot Robbie to produce a motion picture movie based on the Monopoly classic board game.
A Transformers animated movie is also set to release in September. But how far will movie production help Hasbro drive mind-share and profits looking at the success of its competitor Mattel and the Barbie movie?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Bhavesh Somaya, Senior Vice President, Asia Pacific, Hasbro.See omnystudio.com/listener for privacy information.
5/27/2024 • 36 minutes, 58 seconds
Culture Club: i Light Singapore is back and it's bright
The theme for this year's i Light Singapore event is Cyclical Nature. So what is this theme about? And what else can we expect for this year's i Light Singapore? On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Jason Chen, Festival Director, i Light Singapore, to know what can we expect for this year's event.See omnystudio.com/listener for privacy information.
5/27/2024 • 12 minutes, 16 seconds
What's Trending: Was Keanu Reeves really spotted in Thailand washing dishes?
On What's Trending, Keanu Reeves has been spotted doing odd jobs in Thailand, including selling Thai tea at a night market and washing dishes from a street food stall. But here’s the catch – was it really him? Also, Elvis Presley's former house is not the only place in the world to feel the presence of the King. Fans can find traces of Elvis's life, work, and electric dancing everywhere from Tokyo to Australia and Mississippi to Denmark.See omnystudio.com/listener for privacy information.
5/27/2024 • 6 minutes, 24 seconds
Spill the Tea: The singer Sean Kingston has been sued for breach of contract and fraud.
Sean Kingston’s Florida mansion has been raided by police because he has not fully paid for a huge TV and sound system. He suggested that he would create promotional videos for the company with Justin Bieber as a form of payment since he made “as small a down payment as possible”.See omnystudio.com/listener for privacy information.
5/24/2024 • 4 minutes, 53 seconds
Sports Minutes: "I'd love to play for Pep Guardiola!" - former Citizen Shaun Wright-Phillips
The stage is set for a showpiece event at Wembley, as for the second consecutive season in a row a Manchester Derby will decide the winners of the FA Cup. With City in 'four-midable' form and United in the doldrums, is the outcome a foregone conclusion? Not according to two-time FA Cup winner Shaun Wright-Phillips, who weighs in on the showpiece event at Wembley and his admiration for Pep Guardiola!
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
5/24/2024 • 10 minutes, 41 seconds
Market View: Nvidia reportedly cut AI chip prices to fight Huawei, Meta and Alphabet vs Hollywood studios; Singapore factory output declines, Jardine Matheson’s earnings and more
Singapore stocks were pulled into negative territory today following overnight losses on Wall Street.
In early trade, the Straits Times Index (STI) headed down 0.4 per cent to 3,310 points after 49.1 million securities changed hands in the broader market.
In terms of companies to watch today, we have Jardine Matheson Holdings, after the conglomerate reported yesterday that the performance of its businesses in the first quarter of 2024 was similar to that in the year-ago period.
Elsewhere, from Singapore’s factory output falling 1.6 per cent year on year in April to Nvidia reportedly cutting prices of chips in China – more local and corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
5/24/2024 • 14 minutes, 16 seconds
K-Food: What makes South Korea's Tanghulu different?
The Tanghulu craze has taken over South Korea. The candied skewer has origins in ancient China, but recently, it’s shape-shifted. But what makes Korean Tanghulu different from China’s? See omnystudio.com/listener for privacy information.
5/24/2024 • 5 minutes, 49 seconds
R.I.C.H: How to wheel your way into diecast collecting
Diecast Singapore isn't just about tiny cars – it's a thriving community of enthusiasts, collectors, and 2storytellers, who are passionate about diecast collecting. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Jordan Teo, Founder, Daily Diecast Singapore, about his journey from a casual collector to running a top diecast retailer in Singapore.See omnystudio.com/listener for privacy information.
5/24/2024 • 14 minutes, 31 seconds
Culture Club: Saving the planet, weaving one denim at a time
Commenhers, a fashion brand founded by Yanee and her students, transforms textile waste into stylish apparel. They source materials from Singapore and Malaysia, minimizing carbon footprint and addressing textile waste. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Yanee, CEO & Co-founder, Commenhers, to find out more.See omnystudio.com/listener for privacy information.
5/24/2024 • 14 minutes, 41 seconds
What's Trending: Who outshined the celebrities at Cannes this year?
On What's Trending, at the Cannes Film Festival, the spotlight was on celebrities, filmmakers, models, artists, and actors. But a new highlight was "Snoop," a border collie from the 2023 film "Anatomy of a Fall," who opened the ceremony by climbing the Grand Luxerian Theatre. Also, a toddler was named the world's youngest male painter.See omnystudio.com/listener for privacy information.
5/24/2024 • 7 minutes, 1 second
Spill the Tea: Art that Damien Hirst created may have been painted later than stated
Around 1,000 paintings by Damien Hirst were dated years before they were actually painted, a guardian report reveals.See omnystudio.com/listener for privacy information.
5/23/2024 • 5 minutes, 4 seconds
R.I.C.H: What ELSE is under this entrepreneur's success journey?
Javier Perez, originally from Puerto Rico, has made his home in Singapore for more than a decade growing two original F&B concepts, Kilo and Grain Traders. He's also the hoteliers behind Kuala Lumpur’s newest boutique hotel, Else. So how did he acquire his success across different industries? On RICH, Hongbin Jeong and Roshan Gidwani speaks to the man himself, Javier Perez, Founder of Kilo Collective, Co-FounderCo-Founder of Else Retreats and Co-Founder of Yonder Hospitality, to find out more.See omnystudio.com/listener for privacy information.
5/23/2024 • 11 minutes, 59 seconds
Market View: US FOMC Minutes, Nvidia’s blowout earnings, Singtel sinks into the red, SIA’s shares down on deadly turbulence-hit flight, Singapore’s April inflation and more
Singapore shares were barely changed as they entered the morning session today. That’s amid a sleepy trading session following the Vesak Day public holiday break yesterday.
In early trade, the Straits Times Index (STI) was muted at the open, inching down 0.02 per cent to 3,307.21 points after 64.3 million securities changed hands in the broader market.
In terms of companies to watch, we have Singapore Airlines, after shares fell more than 1 per cent in early trade today, following a deadly turbulence-hit flight.
Elsewhere, from Singtel sinking into the red with a net loss of S$1.3 billion for its second half ended March, to Singapore’s April inflation rate – more local headlines remain in focus.
Also on deck – how investors are reading into the latest US FOMC minutes and Nvidia’s earnings.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
5/23/2024 • 15 minutes, 20 seconds
Under the Radar: Moroccan-based phosphate fertiliser maker OCP Group on how climate change influences demand, opportunities in Southeast Asia and more
Phosphate provides a quarter of all nutrients plants need to grow and thrive. It is an essential ingredient in all fertilisers that go to support the crops we eat and use in our daily lives.
And it is all about phosphate today as we speak to one of the world’s largest custodians and suppliers of phosphate-based fertilisers.
Founded over a century ago in Morocco, our guest OCP Group started out as a single mine producing phosphate at Khouribga. Production started in March 1921, with exports done via the port at Casablanca done later that year.
The company diversified over the years, moving to phosphate processing at Safi in 1965 and in Jorf Lasfar in 1984. It also became a state owned company under the Moroccan Government in 2008 and the Banque Populaire du Maroc.
Fast forward to today, the firm’s operations now span across five continents and throughout the value chain ranging from mining, processing, manufacturing, exporting to even education and community development. Just to give you a sense of its scale, OCP now has sole access over 70% of the world’s phosphate reserves.
Some of its products include raw materials like rock phosphate, phosphoric acid, standard and fortified fertilisers, as well as animal feed.
Per the Moroccan World News, the firm reported revenues of 91.27 billion Moroccan Dirhams (or MAD or US$9 billion) in 2023, despite a drop in fertiliser prices. That is lower than the US$11.3 billion in the year prior. But which are the firm’s major demand markets contributing to the numbers and what is the role of Singapore in this regard?
And with poor weather conditions affecting the yield of crops like cocoa and Robusta coffee beans – what implications will this have on fertiliser makers?
Meanwhile, the firm had in April raised US$2 billion in a dual tranche Eurobond to fund its green transition plan, but what can we expect here in Southeast Asia?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Bhavya Sehgal, General Manager, Singapore, OCP Group.See omnystudio.com/listener for privacy information.
5/23/2024 • 31 minutes, 52 seconds
K-Influencer: Do you really need a 10-step Korean skincare routine?
Korean beauty has revolutionised the skincare industry with innovative rituals like double-cleansing, skin-loving essences, and iconic products like cushion compacts and lip tints. On K-WAVE, Hongbin Jeong speaks to Amelia - also known as @glowyame, to share more about how Korean beauty has transformed the skincare industry and get tips for achieving that glow.See omnystudio.com/listener for privacy information.
5/23/2024 • 16 minutes, 20 seconds
Culture Club: Would you take a private jet with your pets?
Singapore Air Charter noticed a rise in pet travel. And currently, to adapt to this demand, they are offering services for pet travels. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Stefan Wood, Aviation Specialist, Singapore Air Charter, to discuss about the increasing trend of pet travel, particularly private jet flights, and tips for making pet travel stress-free.See omnystudio.com/listener for privacy information.
5/23/2024 • 9 minutes, 55 seconds
What's Trending: How about a free getaway to Bali with Trust?
Trust's zero-fee transactions are revolutionizing travel expenses, making it the go-to choice for savvy travelers. On What's Trending, Hongbin Jeong and Roshan Gidwani speaks to Mira Bharin, Chief Marketing Officer, Trust, to discuss more about their two-month travel campaign, zero-fee foreign exchange transactions, and its strategic partnership with Trip.com.See omnystudio.com/listener for privacy information.
5/23/2024 • 10 minutes, 7 seconds
Market View: Possible US$200B swings on Nvidia’s earnings, Tencent suspends Dungeon & Fighter Mobile shortly after debut, Mismanagement at Red Lobster, SIA-Garuda Indonesia partnership, OUE’s off-market share buyback and more
Singapore shares were little changed today following a mixed showing on Wall Street and slight gains in Europe overnight.
In early trade, the Straits Times Index headed down 0.02 per cent to 3,313.34 points, amid mixed trading among bank counters.
In terms of companies to watch, we have Singapore Airlines, after the national flag carrier signed an agreement with Indonesia flag carrier Garuda Indonesia to explore revenue sharing arrangements for flights between Indonesia and Singapore.
Elsewhere, from more on the endless shrimp dish at and mismanagement of US seafood restaurant chain Red Lobster, to Nvidia’s earnings potentially sparking a US$200 billion swing in shares, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund.See omnystudio.com/listener for privacy information.
5/21/2024 • 15 minutes, 5 seconds
R.I.C.H: Timeless pieces may be your next rich investments
Kevin Tan has nearly 400 watches to his name and has been collecting them since he was 16 years old. He admits that he doesn't wear all of his collection, but he remembers the vast majority of the ones he own because of milestones, moments of exuberance, or folly. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Kevin Tan, Chief Commercial Officer, Straits Financial, to find out more about his passion in collecting watches.See omnystudio.com/listener for privacy information.
5/21/2024 • 14 minutes, 37 seconds
Spill the Tea: Automakers caught for non-complianceCarmakers are not self-policing well enough and still buying parts from a firm that uses forced labor. Congress passed the Uyghur Forced Labor Prevention Act law in 2021 but thousands of BMW mini coopers were imported into the U.S. with components from the same firm.
Carmakers are not self-policing well enough and still buying parts from a firm that uses forced labor. Congress passed the Uyghur Forced Labor Prevention Act law in 2021 but thousands of BMW mini coopers were imported into the U.S. with components from the same firm.See omnystudio.com/listener for privacy information.
5/21/2024 • 3 minutes, 27 seconds
Culture Club: Won’t you take to F*nkytown? – Funkiest cocktails in Bangkok
There’s a new cocktail bar in town and it’s funky. In a good way.
F*nkytown, is a new cocktail bar concept courtesy of the sandwich folks at Sarnies, hidden at the top of the bakery and café’s Sukhumvit 37 branch.
Now what is it that makes this place so funky?
We chat with Benjamin Lee, CEO and Founder of Sarnies Group to find out. See omnystudio.com/listener for privacy information.
5/21/2024 • 11 minutes, 55 seconds
K-Experiences: So you think you can dance... to K-Pop?
Pop, lock, twist and turn. That's all you got to know to dance right? K-pop idols make it look easy. They've got their moves on, moving to every beat, synchronised with their bandmates, and top of that, singing their heart out. But how hard can it be? On K-WAVE, Hongbin Jeong goes to Tiny Studio to test her K-Pop dance skills. See omnystudio.com/listener for privacy information.
5/21/2024 • 8 minutes, 9 seconds
Culture Club: Blue hands & a love for dye - The Art of Indigo Dyeing
Felix Nai, an indigo dye craftsman, is known for his inky blue hands and nails, which are a result of his work as an indigo dye craftsman. He grows and farms his own indigo plants and uses the century-old method of lye fermentation to activate micro-organisms that create the liquid indigo dye from the leaves of the plants. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Felix Nai, Indigo Farmer, Homo Faber Guide, to share more.See omnystudio.com/listener for privacy information.
5/21/2024 • 12 minutes, 16 seconds
What's Trending: ChatGPT says it's not Scarlett Johansson's voice... but is it?
On What's Trending, tech companies are working to develop commercial electric vertical take-off and landing (eVTOL) services, which can fly over congested cities and are powered by renewable energy. AI has also caused controversy, with actress Scarlett Johansson angered after OpenAI updated its synthetic voice, which she claims is eerily similar to hers.See omnystudio.com/listener for privacy information.
5/21/2024 • 7 minutes
Spill the Tea: The Tokyo District Court rejected an application by Ryan Abbot, about a device that was generated by AI.
Since the rejection, Ryan Abbot has filed a lawsuit seeking to overturn the decision but on the 16th of May, 2024, his claim was dismissed citing that patents are only applicable to inventions made by humans.See omnystudio.com/listener for privacy information.
5/20/2024 • 5 minutes
Sports Minutes: City crowned Premier League champions, while the Jaguars struggle in the Singapore Premier League
Blue is the colour as Manchester City were crowned Premier League champions for an unprecedented FOURTH consecutive time....while Jurgen Klopp bid an emotional farewell to Liverpool on an action-packed final day in England's top flight. Speaking of feeling blue, Tanjong Pagar were mauled 5-0 by the Tigers in the Singapore Premier League. Could the SPL season be a slog for the Jaguars? To recap and review it all, Zia-ul Raushan is in the company of Deepanraj Ganesan.
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
5/20/2024 • 21 minutes, 9 seconds
Market View: Nvdia’s earnings and FOMC minutes expectations, Elon Musk launches SpaceX internet service for health sector in the US; RE&S’ privatisation, Super Hi surges 46% on NASDAQ IPO
Elon Musk and Indonesian Health Minister launches SpaceX satellite internet service for the health sector; FOMC minutes, Nvidia’s earnings expectations; RE&S’ privatisation, Keppel REIT’s subsidiary procures S$130m loan facility; Cordlife’s director arrested by CAD; Haidilao’s Super Hi surges 46% upon NASDAQ IPO
Singapore shares started the week on a muted note after US equities ended the week mixed, and European shares closed in negative territory.
In early trade today, the Straits Times Index (STI) dipped 0.04 per cent to 3,312.21 points as 53.9 million shares changed hands.
In terms of companies to watch, we have Keppel REIT. Its manager had said on Friday that a subsidiary of Keppel Reit has procured a loan facility of 131 billion won (S$130.1 million), guaranteed by its trustee HSBC Institutional Trust Services.
Elsewhere from Elon Musk launching Starlink for the health sector in Indonesia, to ByteDance overtaking Baidu to deliver China’s most popular AI chatbot – more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
5/20/2024 • 14 minutes, 27 seconds
R.I.C.H: How to turn chai-ldhood dreams into reality?
Dropout Chaiwala is a Melbourne-based business venture founded by Sanjith Konda, a dropout student who brings authentic street chai to Melbourne. So what’s the story behind Sanjith’s success? And what can we learn from his story that we too, can turn dreams into reality? On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Sanjith Konda, CEO & Founder, Dropout Chaiwala, to find out more.See omnystudio.com/listener for privacy information.
5/20/2024 • 13 minutes, 9 seconds
Under the Radar: Carpool app Ryde’s Founder and Chairman Terence Zou on the firm’s NYSE IPO and concerns over profitability
It’s all about your day-to-day commute today as we speak to the first carpool app developed in Singapore.
Founded in September 2014, Ryde leverages technology to facilitate the movement of people and goods by providing on-demand and scheduled carpooling and ride-hailing services.
While the firm has its origins as a carpool app, it has since expanded to provide a full suite of mobility and delivery options , and even established extended product services such as e-payments, taxi bookings and insurance purchases.
Ryde’s services are currently available in Singapore, though the firm has a footprint in other regional markets such as Malaysia, Hong Kong and Australia.
But why are we talking about Ryde you might ask? Well the firm made history in March this year by becoming the first Singaporean ride-hailing startup to debut on the New York Stock Exchange.
The firm has said then that it plans to use the proceeds to expand globally and improve its technology infrastructure.
But what is of concern here is that the listing comes at a time when Ryde registered a net loss of S$4.96 million on S$8.8 million of revenues in 2022, per its IPO prospectus. Loss for the six months ended June 2023 also came in at close to S$4 million.
So is this the right time for Ryde to double down on capital expenditures and capture market share? Is a flush in investors’ and in particular institutional investors’ money the key to help the firm lay the groundwork towards profitability?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Terence Zou, Founder, Chairman and Chief Executive Officer of Ryde Group Ltd.See omnystudio.com/listener for privacy information.
5/20/2024 • 31 minutes, 44 seconds
K-Slang: 중꺾마 (joong kkyuk ma)
When athletes don't deliver the results fans have been waiting for especially at a world stage, it at times leads to hate. And such rise of hate against athletes has led to netizens who feel for the athletes' hard work regardless of the result, to create a new slang word…
See omnystudio.com/listener for privacy information.
5/20/2024 • 5 minutes, 23 seconds
What's Trending: Are you pine with paying $400 for a pineapple?
On What's Trending, a neuroscientist argues that many common assumptions about memory are misguided, as its apparent flaws often arise from its most useful features. Also, an example of a luxury dining experience is the Rubyglow pineapple, which was developed by Del Monte over a decade and a half, is priced at USD$400.See omnystudio.com/listener for privacy information.
5/20/2024 • 8 minutes, 17 seconds
R.I.C.H: Play for Good with the man behind SG's ‘supercar vending machine’ & a philanthropist on a mission
One of them is the founder of the world’s first luxury car vending machine. The other, boasts a decade-long tenure in philanthropy.
But what happens when two visionaries come together to create a movement for ‘good’?
This is why Yvonne Siow and Gary Hong founded the social movement, Playpan.
Their initiative has brought about a transformative change to the iconic Peace Centre building at Sophia Road, but what’s next for the duo?
Whether you're an aspiring entrepreneur, or simply someone who loves a good startup story, this story has something for you.
We sit down with Gary Hong, GM and Founder of Autobahn Motors, Founder of Ten Square and Co-founder of PlayPan and Yvonne Siow, ASEAN Head of OneSight EssilorLuxottica Foundation, Chair of the Blockchain For Good Committee at Blockchain Association Singapore, and Co-founder of PlayPan to find out more. See omnystudio.com/listener for privacy information.
5/17/2024 • 18 minutes, 1 second
Spill the Tea: A young man has been suspected of cheating during Waseda university’s entrance exam
An 18 year-old male test-taker failed to get into his preferred national university due to poor results, and succumbed to cheating instead. The use of smart glasses which are equipped with camera and communication functions allowed the man to allegedly take pictures of a chemistry test and solicit answers online.See omnystudio.com/listener for privacy information.
5/17/2024 • 5 minutes, 33 seconds
Sports Minutes: "Klopp's farewell season hasn't gone to plan!" - Luis Garcia on Jurgen Klopp's Liverpool legacy
Coronation Sunday in the English Premier League promises to be a blockbuster occasion with the top two separated by just TWO points...Beyond the quest to be crowned champions, the league will bid a fond farewell to a certain Jurgen Klopp...who takes charge of his FINAL game at Anfield...And ahead of the German's departure, Zia-ul Raushan caught up with Liverpool cult hero Luis Garcia - speaking on the sidelines of Starhub's football for all event - to speak about Klopp's legacy, the road ahead for the Reds and also Garcia's picks for the Premier League title!
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
5/17/2024 • 10 minutes, 32 seconds
Market View: Profit taking in the US, Walmart’s sales up 3.8% on the quarter, Gazelle Ventures’s offer to acquire No Signboard’s shares; HK ’s tech driven rally and more
Singapore stocks began trading this morning in slightly positive territory, despite a retreat in global markets.
In early trade, Straits Times Index (STI) rose 0.2 per cent to 3,311.44 points after 36.6 million securities changed hands in the broader market.
In terms of companies to watch today, we have NetLink NBN Trust. The trustee-manager of fibre network infrastructure provider yesterday announced a distribution per unit (DPU) of S$0.0265 (2.65 Singapore cents) for the second half of its fiscal year ended March, up 1.1 per cent from the year-ago period.
Elsewhere, from how Microsoft plans to offer its cloud computing customers a platform of AMD’s artificial intelligence chips to news of China cutting interest rates of mortgage loans, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
5/17/2024 • 13 minutes, 22 seconds
K-Experiences: Why your scalp might be more important than you think
The latest K-beauty craze in Korea is called Head Spa, which is essentially a form of skincare, but for your scalp. This Korean head spa treatment has recently been trending on TikTok and Instagram. Essentially, a head scalp treatment is sort of deep cleanse for your scalp to remove any impurities such as dirt, oil, or dead skin cells through gentle exfoliation, soaking, and steaming using special devices and products. So what's the Korean Head Scalp Treatment and why should you try it? See omnystudio.com/listener for privacy information.
5/17/2024 • 9 minutes, 3 seconds
Culture Club: A new studio tumbling into Singapore’s music scene
Singapore's music scene welcomes an exceptional newcomer, and it is none other than the newly-opened Tumbleweed Studios.
Opened by local music recording company Snakeweed Studios, the brand new facility for musicians to practise, collaborate, and simply make music.
For over twenty years, Snakeweed Studios has been at the forefront of shaping Singapore's music scene since its inception in 2000.
Owned and operated by founder, Leonard Soosay and managing partner, Josh Wei, the studio has lent a hand to local artists from Ronin, to Kali Uchis and even JJ Lin.
Leonard Soosay, Founder, Tumbleweed Studios and Josh Wei, Managing Partner, Tumbleweed Studios share more.See omnystudio.com/listener for privacy information.
5/17/2024 • 17 minutes, 57 seconds
What's Trending: An attempt to break a world Dino-record ends in chaos
On What's Trending, South Koreans participated in the annual Space-out competition, where over 100 people gathered silently on yoga mats to do absolutely nothing for 90 minutes without falling asleep, checking their phone, or talking. Also, in Alberta, Canada, over 3,000 people dressed in dino-dress attempted to break a Guinness world record, but the attempt was disqualified due to high turnout and lack of discipline.See omnystudio.com/listener for privacy information.
5/17/2024 • 6 minutes, 32 seconds
Weekly Wrap Up: How will PM Wong navigate Singapore's foreign policies?
Prime Minister Lawrence Wong has called on Singaporeans to join him in the ambitious goal of building a society where everyone matters “and a Singapore that matters to all Singaporeans”.Some political analysts have said that PM Wong wants to set himself apart from his predecessors and be measured against his own words
So how will PM Wong be a different type of Prime Minister? And how will our foreign policies be re-shaped under his leadership?
Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs shares his view. See omnystudio.com/listener for privacy information.
5/17/2024 • 12 minutes, 48 seconds
Spill the Tea: Did Bobi, the dog, really live for 31 years?
The government agency that was supposed to have verified the dogs age didn’t actually have the evidence.See omnystudio.com/listener for privacy information.
5/16/2024 • 4 minutes, 19 seconds
Market View: Cooler-than-expected US April’s CPI pushing Wall Street higher, close to 8 months bonus for eligible SIA employees, Tencent climbing by most in over three weeks and more.
Singapore shares started the day on a strong note tracking overnight gains in global markets.
In early trade, the Straits Times Index (STI) rose 0.5 per cent to 3,306.6 points after 75.2 million securities changed hands in the broader market.
In terms of companies to watch, we have Singapore Airlines. According to The Business Times, the national carrier is said to be rewarding eligible employees with a profit-sharing bonus of 7.94 months for FY2024, following the group’s record earnings.
Elsewhere from how after US core inflation hit its slowest in three years, to Tencent Holdings’ shares climbing on forecast-beating earnings, more international and corporate headlines remain in focus.
Plus – what does a contraction in the Japanese economy mean for the country’s central bank?
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
5/16/2024 • 17 minutes, 44 seconds
R.I.C.H: How Rich is this dog’s lifestyle? Is it sky-high?
Ever wondered what it's like to take your furry friend beyond the borders? Well, Kimberley Yeo did, and she has gone above and beyond, spending thousands of dollars to explore Europe with her beloved dog, Mr. Snuffles. So what motivated her to bring her pet on international escapades? And what is the process like? On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Kimberley Yeo, Director, Don Play Play, to find out more.See omnystudio.com/listener for privacy information.
5/16/2024 • 12 minutes, 47 seconds
Under the Radar: Behind the clothes sold in Macy’s, Walmart – Singapore’s Ghim Li on the importance of vertical integration, growth trends in clothing OEM and ODM, impact of the green push on top and bottom lines
Today we’re going to talk about a company behind the clothes you buy while on holiday in the US.
This is because that piece of garment you’ve bought from retail giants Walmart and Macy’s could very well be traced back to Singaporean textile and clothing maker Ghim Li!
Founded all the way back in 1977 with a collection of six sewing machines and a capital injection of US$3,000, Ghim Li has evolved to become an Asia-wide textile and apparel maker of casual lifestyle knitwear.
The company prides itself as a one-stop shop that integrates various parts of the apparel manufacturing supply chain, providing services from product design, development and commercialisation, material management, production planning and control, to post manufacturing logistics.
Today, the Singapore-headquartered and Australia-listed firm has international sales offices and contracted manufacturing partners in Cambodia, Indonesia, Malaysia, and a workforce of over 8,000.
Its supplies over 62 million pieces of garments a year to some of the biggest Fortune 500 companies such as Macys Aeropostale, Foot Locker, and Walmart, and also provides ODM (Original Design and Manufacture) as well as OEM solutions to customers.
But what has been the company’s secret recipe for success thus far and how far can that be attributed to the firm’s control over its supply chains?
What will be the key drivers of growth looking ahead? Also – how far would the ongoing push for sustainability in the fashion industry influence the way Ghim Li approaches its business?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Felicia Gan, CEO, Ghim Li Group of Companies. See omnystudio.com/listener for privacy information.
5/16/2024 • 24 minutes, 30 seconds
K-Entertainment: What unusual pets do K-pop Idols own?
Did you know some K-pop idols own really unusual pets? Not all Idols own the usual cats and dogs.There’s one that owns a snake; one that owns a sugar glider; one that even owns a snail; and one that has some lobsters as pets. But there’s one idol - that has the most unusual pet.See omnystudio.com/listener for privacy information.
5/16/2024 • 5 minutes, 54 seconds
Culture Club: Crocodile & Kangaroo meat - What makes a good diet for your pet?
Controlling your pets’ diet is a vital part of keeping them healthy and happy. That’s why PetCubes believes in the importance of adding only fresh vegetables and meat to ensure all your pets’ nutritional needs are met. Established in 2013 in Singapore, PetCubes specialises in creating holistic food for your dogs and cats using organic and natural sources. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Evans Sin, CEO, and Francis Cabana, Director of Nutrition, PetCubes, to find out more.See omnystudio.com/listener for privacy information.
5/16/2024 • 16 minutes, 15 seconds
What's Trending: Is it a panda or a pooch?
On What's Trending, a researcher from Osaka Metropolitan University reveals that bluestreak cleaner wrasses, a type of fish, can recognize themselves in mirrors and photos, indicating a higher level of self-awareness than previously thought. Also, a zoo in China displayed Chow Chow dogs dyed to resemble pandas.See omnystudio.com/listener for privacy information.
5/16/2024 • 6 minutes, 57 seconds
Sports Minutes: Was Joseph Schooling right to retire at the age of just 28?
Just over a month ago, a certain Joseph Schooling announced his retirement from swimming at the age of 28 - causing a ripple amongst Singapore’s professional athletes and the general public. Some saw it as the end of an era, while others viewed it as a manifestation of limited runways for athletes in Singapore. So does our perception of retirement for professional athletes need a refresh? If we can readily celebrate career transitions in other professions and advocate the national agenda for upskilling and lifelong learning, why then do we frown upon athletes who choose to retire early? Danny Yeo, a retired multiple medals winning swimmer with Team Singapore, weighs in.
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
5/15/2024 • 15 minutes, 27 seconds
Spill the Tea: @haleyybaylee, famous TikToker, causes celebrity “Blockout”
The star, who posted a video of herself from the recent Met Gala in New York reciting the French Queen’s famous line “Let them eat cake” has caused a major celebrity turnaround.See omnystudio.com/listener for privacy information.
5/15/2024 • 5 minutes, 37 seconds
K-Entertainment: Queen of Tears - Is it based on a true story?
It's the latest hit show that is making everyone glued to their seats, bringing them a rollercoaster of emotions, even shedding some tears. It’s The Queen of Tears. But some say it may be based on a true story - or at least inspired by it. Find out more.See omnystudio.com/listener for privacy information.
5/15/2024 • 8 minutes, 45 seconds
R.I.C.H: What's the stepping stone to a tile business?
Abygail Tan, the Associate Director of Futar, a Singapore-based construction company has grown from a humble shophouse to a global powerhouse. Initially focused on Japanese tiles, under her leadership, Futar has sourced materials from Spain, Italy, Turkey, and China. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Abygail Tan, Associate Director, Futar Enterprises Pte Ltd, to share more about how she has achieved success for both Futar and herself.See omnystudio.com/listener for privacy information.
5/15/2024 • 14 minutes, 26 seconds
Market View: US April CPI expectations, Index counters down on MSCI deletion, Chinese government reportedly considering buying millions of unsold homes
Singapore shares dipped this morning, dragged mainly by index counter declines after a global rally overnight.
In early trade, the Straits Times Index (STI) shed 0.4 per cent to 3,301.57 points after 68.2 million securities changed hands in the broader market.
In terms of companies to watch, we have Golden Agri-Resources, after the palm oil company reported today a 60 per cent year-on-year decline in Q1 net profit to US$37 million amid weaker crude palm oil prices.
Elsewhere, from how five index counters traded lower on news that they would be removed from the MSCI Singapore index, to more on expectations on US April consumer prices out tonight, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.See omnystudio.com/listener for privacy information.
5/15/2024 • 13 minutes, 36 seconds
Culture Club: Would you ever try 'beanless' coffee?
It's time to wake up and smell the beanless coffee. Yes, you read that right!
Local start-up Prefer has launched a fa-brew-lous bean-free coffee made from bread, spent barley and soya bean pulp.
Prefer’s offerings have been brewing in selected cafes since December 2023, following a year of product development since it was co-founded in 2022 by a Singaporean food scientist Tan Ding Jie, and Texas-born former neuroscientist Jake Berber.
So, would you ever try bean-free coffee? Maybe Jake Berber and Tan Ding Jie, Co-founders of Prefer can convince you.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
5/15/2024 • 13 minutes, 51 seconds
What's Trending: How PM Lawrence Wong will write the next chapter of the Singapore story
It’s a momentous day today for Singapore. After nearly two decades, the country will officially inaugurate a new prime minister.
In a smooth transition of leadership, Deputy Prime Minister and Finance Minister Lawrence Wong will succeed Lee Hsien Loong, who has served as premier since 2004.
But does Mr Lee’s story end here? And how will the incoming PM write the next chapter of the Singapore story?
Terence Ho, Associate Professor in Practice at the Lee Kuan Yew School of Public Policy, National University of Singapore shares his analysis.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
5/15/2024 • 10 minutes, 42 seconds
R.I.C.H: Can selling collectibles lead into a successful business venture?
Jackson Aw's journey from a solo trip to China led to creating over 100 original toy sculptures reaching 50 countries. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Jackson Aw, Founder and CEO, The Mighty Jaxx Group, to find out the secrets behind transforming passion into a thriving business.See omnystudio.com/listener for privacy information.
5/14/2024 • 14 minutes, 30 seconds
Spill the Tea: Bird Flu has been found in some 20% of U.S pasteurised milk samples
Two months ago, there were no dairy or food safety researchers who anticipated that we would be testing for avian influenza in the product of cows, says Payne, who is a researcher at the Western Institute of Food Safety and Security at the University of California. What’s the future hold? How will this develop? Stay tuned for more Spill The Tea.See omnystudio.com/listener for privacy information.
5/14/2024 • 4 minutes, 36 seconds
Market View: “Roaring Kitty's" return and impact on meme stocks; US April CPI expectations; Chinese tech earnings: Alibaba, Tencent and more.
Singapore stocks began trading in muted tones this morning, mirroring the cautious sentiment on global markets where investors await key inflation data.
In early trade, the Straits Times Index (STI) rose 0.01 per cent to 3,303.85 points, after 52.5 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Thai Beverage, after the beverage manufacturer yesterday reported a 4.9 per cent drop in net profit to seven billion baht (S$257 million) for its second quarter ended 31 March 2024.
Elsewhere from Haidilao’s restaurant operator Super Hi’s billion dollar valuation target for its US IPO to a deep dive into comments by US Federal Reserve officials and April’s US CPI expectations, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.See omnystudio.com/listener for privacy information.
5/14/2024 • 14 minutes, 1 second
K-Influencer: Looking to book a trip to South Korea? Visit Korea Travel Fair 2024!
Are you planning a trip to Korea anytime soon?
If you’ve never been - or if you been several times, but looking for something new in your next trip, perhaps you’d like to go to the Korea Travel Fair 2024?!
I hear they’ve invited some regional tourism organizations from Busan, Gangwon do, Gwangju, Jeju and Yeosu to share more about those destinations. But that’s not all. There are workshops and different activities at the travel fair as well. And apparently - there’s even freebies and travel discounts at the event too!
Fiona Lee, Marketing Manager, Korea Tourism Organization, joins Hongbin Jeong on K-WAVE to tell us more about the event.
See omnystudio.com/listener for privacy information.
5/14/2024 • 9 minutes, 42 seconds
Under the Radar: How rewarding is it for Unilever International to build inroads to serve remote and secondary markets?
Ice-cream, sauces, seasoning powders, dish soaps, shampoos, deodorants, laundry detergent and hand sanitisers.
There is one common factor linking all these products together – and that’s they are all fast moving consumer goods or FMCGs. In fact our guest for today is part of one of the world’s leading FMCG firms Unilever.
That is the company behind brands such as Lipton, Knorr, Dove, Hellmann’s as well as your Wall’s Ice-Cream, Lifebuoy hand soap and Comfort fabric softener.
More specifically, we are speaking to Unilever International. Founded in 2012, Unilever International is the white space partner for Unilever, and was set up to serve emerging and fast growing geographies, consumers, customers and channels created worldwide as a result of mega trends such as globalisation, migration and digital commerce.
Fast forward to today, Unilever International operates out of eight key hubs in major cities such as London, Rotterdam, Singapore, Dubai, Mumbai and Seoul.
It also provided over 100 million consumers in remote markets like Yemen, Mongolia and East Timor access to Unilever products, such as Wall’s ice cream and Vaseline lip balm. But how rewarding is it for the firm to build supply chains outside of major cities where the dollars and cents are concerned?
Meanwhile, Unilever International had last year expanded its network of partnerships to the travel sector, serving over 50 Fortune 500 companies like IHG Hotels, Marriott, Delta Airlines, Singapore Airlines with items such as Dove amenities in room or in-flight, reaching over 200 million consumers per annum. But how far will that translate into earnings for Unilever as a whole?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Aseem Puri, Global CEO of Unilever International. See omnystudio.com/listener for privacy information.
5/14/2024 • 28 minutes, 37 seconds
Culture Club: Want a traffic-free, greener holiday? Get off the beaten track
Are you looking to stay away from the typical jam-packed tourist trail? Maybe it’s time to travel off the radar and consider a place like Mongolia.
Mongolia is a hidden gem that offers the perfect blend of nature, culture and solo activities.
And it’s definitely not crowded. There are around 67 million animals to nearly 3.5 million people in Mongolia; so, animals outnumber people.
Buyandelger Ganbaatar, the Country Director Of Nomadic Expeditions and Three Camel Lodge shares his travel tips.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
5/14/2024 • 13 minutes, 50 seconds
What's Trending: How a 14-year-old's letter witnessed history
In August 2004, a significant moment in Singapore's history unfolded as then Deputy Prime Minister Lee Hsien Loong was sworn in as Prime Minister. Among the distinguished guests, one attendee stood out – a 14-year-old girl with an extraordinary story. On What's Trending, Hongbin Jeong and Roshan Gidwani speaks to Clara Lock, Assistant Life Editor, The Straits Times, to share how a letter to PM Lee Hsien Loong changed her life.See omnystudio.com/listener for privacy information.
5/14/2024 • 8 minutes, 56 seconds
R.I.C.H: How can a Barbie collection become a KEN-vertible investment?
A passionate enthusiast from Singapore whose love for Barbie dolls extends beyond mere collection. With over 12,000 Barbies, 500 Transformers, and a treasure trove of '80s and '90s toys, his journey goes beyond shelves filled with dolls. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Jian Yang, Managing Partner and Head of Strategy, Distilleri, to find out more about his Barbie collection journey.See omnystudio.com/listener for privacy information.
5/13/2024 • 15 minutes, 40 seconds
Spill the Tea: Joseph Muscat finds himself in scalding hot tea over corruption scandal
Is Joseph Muscat, the ex Prime Minister of Malta really a Money Launderer Mastermind? Or are the civil officers probing the inquiry merely prejudiced? Follow this story and stay tuned for more Spill The Tea, when Muscat appears in court on the 28th of May, 2024 for criminal charges.See omnystudio.com/listener for privacy information.
5/13/2024 • 4 minutes, 49 seconds
Market View: S&P 500 breaks downwards trendline, plus earnings from Genting Singapore, SIA Engineering, Frasers Property, ST Engineering
Singapore stocks opened on a lacklustre note today despite modest gains on Wall Street.
In early trade, the Straits Times Index (STI) headed down 0.1 per cent to 3,287.65 points after 53.9 million securities changed hands in the broader market.
In terms of companies to watch, we have Genting Singapore, after the integrated resort operator last Friday reported net profit of S$247.4 million for the first quarter ended March, up 91.5 per cent year on year.
Meanwhile, from ST Engineering’s first quarter revenue numbers to how the US S&P 500 broke its downwards trendline, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
5/13/2024 • 15 minutes, 38 seconds
Sports Minutes: The Singapore Premier League kicks off in earnest, who caught the eye?
With 16 goals in 4 matches across the opening weekend, the Singapore Premier League got off to a lively start. Earmarked as the team to beat, the Sailors notched the weekend's biggest victory with a 4-1 win over Hougang United. And if rumours are to be believed, they could be adding some European firepower to their ranks. We spill the tea on this review, in the good company of Straits' Times sports reporter Deepanraj Ganesan.
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
5/13/2024 • 24 minutes, 19 seconds
K-Slang: Your next coffee order - "One 'ah-ah' please"
How do you order your coffee? Whether you fancy an Ice Americano, Hot Americano, or an Ice Vanilla Latte - South Koreans order it a different way - using these new slang words. Find out what they are. See omnystudio.com/listener for privacy information.
5/13/2024 • 4 minutes, 44 seconds
Culture Club: Cheers to World Cocktail Day — Sip in style at Sora Bar
It’s World Cocktail Day today! May 13 marks the first time the word “cocktail” was published, and the beginning of the drink’s rise in popularity around the world.
So what better way to celebrate than 37 floors up, overlooking the Phnom Penh skyline?
Soaring above the city's skyline, Sora (which means “sky” in Japanese) stands as an impressive beacon of cocktail excellence.
Sora Bar, at Rosewood Hotel Phnom Penh, has recently secured a listing in the World’s 50 Best Bars Discovery list as a ‘must-visit’ destination.
Lam Kat Tsun, Bar Manager, Sora Bar tells us more.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
5/13/2024 • 12 minutes, 44 seconds
What's Trending: Willy Wonka's sweet reality
On What's Trending, Netflix is preparing an unscripted reality competition series based on Willy Wonka. Also, The Ministry of Health (MOH) is seeking feedback from doctors on tightening the rules on issuing medical certificates following outpatient medical service consultations, particularly tele consultations.See omnystudio.com/listener for privacy information.
5/13/2024 • 8 minutes, 18 seconds
Spill the Tea: Rat remains found in Pasco bread.
Pasco is offering refunds because some rat remains were found in their bread packs. The factory in Tokyo has since stopped the assembly line and published a form on its website for affected customers to apply for refunds online.See omnystudio.com/listener for privacy information.
5/10/2024 • 3 minutes, 58 seconds
Sports Minutes: Malaysian football on high alert after spate of attacks on three players
A Malaysian footballer was the target of a vicious 'acid attack', while two other players were attacked within a week by unknown assailants, in a worrying outbreak of violence targeting athletes across the border. These incidents have left the football fraternity in Malaysia reeling, with fear and confusion gripping fans and footballers alike. What are the motives behind these attacks, and what needs to be done to safeguard athletes? T Avineshwaran, Sports Reporter with The Star in Malaysia, is on the ground in Kuala Lumpur with the latest.
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
5/10/2024 • 13 minutes, 43 seconds
Market View: OCBC’s earnings, offer to take insurance arm Great Eastern private, plus – what does Europe’s rush for rate cuts mean for the US?
Singapore shares climbed this morning, mirroring overnight gains in the US and in Europe.
In early trade, the Straits Times Index (STI) inched up 0.4 per cent to 3,279.54 points after 31.1 million securities changed hands in the broader market. In terms of companies to watch today, we have OCBC, after the lender reported today that its net profit for the first quarter ended Mar 31, 2024, rose 5 per cent on the year to S$1.98 billion.
Meanwhile, from OCBC's offer to take its insurance arm Great Eastern private, to Singapore Post’s net profit for the second half ending March rising 93.4 per cent on the year, more corporate headlines remain in focus.
Also on deck, what Europe’s rush for rate cuts means to the US.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
5/10/2024 • 14 minutes, 32 seconds
K-Entertainment: Illit - Are they the next hot group?
Illit is a new rising group in South Korea. But who exactly are they? And will they be the next hot group to overtake Blackpink and New Jeans?See omnystudio.com/listener for privacy information.
5/10/2024 • 4 minutes, 25 seconds
Under the Radar: How far will safety incidents at Boeing, jet delivery delays in the industry open up opportunities for world’s third largest aircraft manufacturer Embraer?
It’s all about flying high today as we speak to the world’s third largest commercial aircraft maker after Airbus and Boeing. Make a guess - we’re actually talking about Brazilian aircraft manufacturer Embraer!
Founded in 1969, Embraer is a global aerospace company that designs, develops, manufactures and markets aircrafts and systems with businesses spanning across areas such as Commercial and Executive Aviation, Defense & Security, and Agricultural Aviation.
More notably, the firm started out making a turboprop plane called the Bandeirante, which was designed for both civilian and military purposes.
50 over years down the road, the company delivered over 8,000 aircrafts. That translates to having one of its aircrafts taking off somewhere in the world every 10 seconds, we’re talking about mostly jets up to 150 seats serving regional routes.
Why are we talking to Embraer you might ask? Well, the firm had reported sizable growth in all business units for the last quarter of 2023 with commercial aviation revenues rising 20 per cent.
The number of Executive Aviation jet deliveries, according to media reports, were also at the highest in seven years. But how far is that driven by the post-pandemic travel recovery? Where are the bright spots for the firm?
And with Boeing in the spotlight amid a slew of safety incidents surrounding its 737 Max models and Airbus delays, what will this mean for Embraer? Would it move to build larger planes to rival the two jet makers as what media reports had suggested in recent days?
Closer to home, Embraer had in April delivered the first of nine new Embraer E190-E2 aircraft to Scoot to allow the airline to expand its network growth strategy and expand into markets with smaller, but sizeable demand. But what can we look forward to from here?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Raul Villaron, Vice President, Asia Pacific, Embraer Commercial Aviation.See omnystudio.com/listener for privacy information.
5/10/2024 • 35 minutes, 59 seconds
R.I.C.H: What does it take to be a best-selling author, model & businesswoman?
Steph Adams is a #1 international best-selling author, with fourteen books under her belt, and a beacon of inspiration for women worldwide.
But that’s not all; she's also a model, art director, and businesswoman, with over 4 million followers on Instagram.
A visionary in the making, Steph embodies the power of perseverance and an advocate for women’s empowerment.
What did it take to achieve this level of success?
We sit down with Steph as she shares about her career, achievements, values, and the impact she has had on the worlds of fashion and literature.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected]
See omnystudio.com/listener for privacy information.
5/10/2024 • 10 minutes, 1 second
Culture Club: Design your home with "feeling first”, not just looks
When it comes to creating your ideal home in Singapore, it is not just about how great it looks, but also how it feels and how it improves the quality of your life.
Nestled among the towering skyscrapers and bustling streets, lies Studio Metanoia—a design firm with a difference.
Led by its founder, Cher Lin, Studio Metanoia isn't just about creating spaces; it's about crafting sanctuaries for the soul.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected]
See omnystudio.com/listener for privacy information.
5/10/2024 • 14 minutes, 12 seconds
What's Trending: Justin and Hailey Bieber: From the song Baby to baby bump
On What's Trending, Justin Bieber and his wife Hailey Bieber have announced their first child, with the couple sharing a video and images of Hailey, 27, debuting her bump in a white lace dress. Also, A South Korean dog went missing for 41 days when his owner took him to a dog convention.See omnystudio.com/listener for privacy information.
5/10/2024 • 5 minutes, 18 seconds
R.I.C.H: Women watch collectors changing the wrist game
Historically dominated by the rich ‘boys’ club’ for the longest time, the luxury watch space is finally opening up to women with a fascination for mechanical timepieces.
According to Deloitte’s 2023 Swiss Watch Industry Study, “the untapped potential of the female watch-buyer is significant.”
The consultancy cited self-purchasing and more female watch influencers on social media as strong drivers of demand.
We sit down with two avid watch collectors who are looking to capture the spirit of this exciting moment.
Deborah Wong and Stephanie Soh, co-founders, TickTock Belles tell us how the watch world can build off this female-powered momentum.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected]
See omnystudio.com/listener for privacy information.
5/9/2024 • 15 minutes, 12 seconds
Spill the Tea: Are the Prince and his father forever doomed?
On Spill the Tea, Prince Harry and his father won’t be having a cup of tea during his recent visit to the UK for the Invictus celebrations. The King of England’s schedule is too busy nowadays for him to make time to see his son, Prince Harry.See omnystudio.com/listener for privacy information.
5/9/2024 • 4 minutes, 3 seconds
Market View: Why is semiconductor equipment maker AEM Holdings down to a four-year low today, plus more on Frasers Hospitality Trust, China exports, BoE rate decision, Disney+, Warner Bros Discovery, Arm, Uber and Airbnb
Singapore stocks opened weaker today following disappointing earnings reported between market days.
In early trade, the Straits Times Index (STI) headed down 0.3 per cent to 3,255.85 points after 23 million securities changed hands in the broader market.
In terms of companies to watch, we have AEM Holdings, after the semiconductor equipment maker yesterday posted an 85 per cent fall in net profit to S$2.4 million for the first quarter of FY2024 ended Mar 30, from S$15.6 million in the same period a year ago.
Elsewhere from China’s export numbers to Airbnb’s weaker Q2 revenue forecast, to expectations on the Bank of England’s next interest rate move – more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
5/9/2024 • 12 minutes, 53 seconds
K-Influencer: Do you have what it takes to be a K-pop super fan girl?
This episode is for all my K-pop fan listeners. Are you a K-pop fan? But do you have what it takes to be a K-pop super fan? On K-WAVE, Hongbin Jeong speaks to AJ - also known as @blueningluv, to take a glimpse into the K-pop fangirl life.See omnystudio.com/listener for privacy information.
5/9/2024 • 14 minutes, 16 seconds
Culture Club: Taste the world without leaving Singapore
That's right. You can now travel through continents without using your passport with the inaugural Taste The World Dining Series held on 4 – 26 May 2024.
Launched by private travel specialist Gourmet Trails, join Singapore’s top gourmet restaurants and celebrity chefs in an exciting month-long culinary festival.
Seven of Singapore’s most esteemed restaurants—Appetite, Hashida, CURE, Canchita, Esquina, Ummi Beirut, and ANJU—have come together to celebrate the wealth and diversity of world cuisines and cultures.
Pamela Tan, Founder, Gourmet Trails tells us more.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
5/9/2024 • 14 minutes, 45 seconds
What's Trending: Katy Perry didn’t attend the Met Gala… or did she?
On What's Trending, TeamLab is opening a venue in Jeddah, which will feature over 80 sensorial installations across a 10,000 square foot space. Also, Katy Perry didn't attend this year's Met Gala but fans speculated she did.See omnystudio.com/listener for privacy information.
5/9/2024 • 5 minutes, 55 seconds
Sports Minutes: Adrian Pennock on Ipswich Town's Premier League promotion; Brunei DPMM's SPL ambitions
How long would you wait for something you've wanted all your life? A year, maybe five? Try 22 years! That's how long Ipswich Town fans have waited to secure promotion to the promise land that is the English Premier League. So how have humble Ipswich secured back-to-back promotions, on a shoestring budget nonetheless? We speak to lifelong Ipswich Town fan and former head coach of Brunei DPMM, Adrian Pennock, to find out all about this incredible achievement and also quiz him on his former club's return to action in the Singapore Premier League!
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
5/8/2024 • 18 minutes, 36 seconds
Spill the Tea: Are Boeing jets properly inspected?
On Spill the Tea, Boeing has been embroiled in a scandal following two 737 Max plane crashes in 2019 and a Lion air crash in 2018. And currently, it is developing an action plan to address concerns about planes already in service.See omnystudio.com/listener for privacy information.
5/8/2024 • 4 minutes, 46 seconds
Market View: What does TikTok’s suing of the US federal government mean for other media/tech counters in the US, and what does UOB’s results mean for trio of local banks on SGX?
Singapore stocks declined at the opening bell this morning, tracking subdued overnight performance in the US market.
In early trade, the Straits Times Index (STI) shed 0.4 per cent to 3,287.81 points after 29.8 million securities changed hands in the broader market.
In terms of companies to watch, we have UOB, after the lender posted a net profit of S$1.49 billion for its first quarter ended Mar 31, down 1.6 per cent from what we saw a year ago.
Elsewhere, from Elon Musk proposing to launch robotaxis in China, to TikTok suing the US federal government as its struggles to survive in the country, we’ve got more international and corporate headlines in focus.
Also on deck, how the US reportedly revoked licences that allowed companies like Intel and Qualcomm to ship chips used for laptops and handsets to Chinese telecoms equipment maker Huawei Technologies.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with James Cheo, Chief Investment Officer, Southeast Asia and India at HSBC Global Private Banking and Wealth.See omnystudio.com/listener for privacy information.
5/8/2024 • 12 minutes, 1 second
R.I.C.H: From hedge funds to the nautical world, get bougie & boogie on the water
Are you looking for a yacht rental in Singapore to plan a unique celebration or a getaway from the city? Or, are you thinking about yacht ownership altogether?
We’ve got you covered.
For lovers of the oceans, Yacht Luxe has one of the largest fleets of yachts for charter in Singapore to create your very own luxurious sailing experience.
But there’s also an interesting story behind the company’s founder, Liyaan Seet.
A woman of many talents, she’s not only the founder of Yacht Luxe, she’s also a hedge fund manager and a model. How does she do it all?
Liyaan Seet, Founder & CEO, Yacht Luxe & Executive Director and Hedge Fund Partner, Sunova Capital Management spills the tea.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
5/8/2024 • 17 minutes, 36 seconds
K-Food: Quench your thirst at 3am with Hwachae
A refreshing watermelon fruit punch that combines the flavours of milk and lime soda went viral recently. Now this isn’t something new - it’s not a new concoction social media users usually come up with that went viral for everyone to try. It actually was created 600 years ago. Find out how to make this traditional Korean drink yourself.See omnystudio.com/listener for privacy information.
5/8/2024 • 5 minutes, 30 seconds
Under the Radar: Gojek Singapore’s GM on driver supply crunch, path to profitability and whether players in the ride hailing industry can achieve sufficient economies of scale
This is a company that you’ll come into contact with perhaps on a day to day basis.
Make a guess - if you’re thinking along the lines of ride hailing apps - you’re on the right track! Established back in 2010, our guest is Southeast Asia’s ride hailing giant and leading on-demand platform Gojek.
Fun fact here, the firm actually started out as a call centre focusing on courier and motorcycle ride-hailing services in the early 2010s before launching its app in January 2015 in Indonesia.
Fast forward to today, the firm provides access to a wide range of services including transportation, food delivery and logistics, with the aim to use technology to remove life’s daily frictions.
It now operates in markets including Indonesia, Vietnam and Singapore with over 2.5 million driver partners across the region.
Gojek’s parent company GoTo Group reported that it turned EBITDA positive in the fourth quarter of the financial year ended 2023, even as the full year’s net loss widened by over 120%. But how far did Gojek Singapore contribute to the group’s performance?
Also – how does Gojek Singapore assess its path to profitability in looking ahead with Q1 2024’s figures just in?
Meanwhile, the firm recently announced a partnership with taxi operator ComfortDelGro that it will dispatch rides not taken up by drivers to each other’s platform.
But how far will the collaboration bolster Gojek’s financials and help it increase customer retention with the shortage of drivers being a perennial issue within the industry here in Singapore?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Lien Choong Luen, General Manager, Gojek Singapore.See omnystudio.com/listener for privacy information.
5/8/2024 • 33 minutes, 33 seconds
Culture Club: How to make the perfect drink
Cat Bite Club is offering an immersive experience for its customers in their Agave La and Rice Academy masterclasses. The masterclasses does not only provide hands-on experience with its customers, but goes in-depth from its history to tips on how to create your favourite cocktail. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Jesse Vida, Operating Partner at Cat Bite Club, to find out more.See omnystudio.com/listener for privacy information.
5/8/2024 • 9 minutes, 22 seconds
What's Trending: Which Pokémon was recently caught?
On What's Trending, a large collection of rare Pokémon cards was sold for 55,000 pounds (S$93,000) at an auction. Also, the Reigning Miss USA Noelia Voigt resigned her title in September last year to prioritize her mental health.See omnystudio.com/listener for privacy information.
5/8/2024 • 4 minutes, 45 seconds
Spill the Tea: Are coffee pods toxic?
On Spill the Tea, researchers at the University of Connecticut are investigating the health effects of coffee pods, which are made of plastic and can leach hormone-disrupting chemicals into the coffee.See omnystudio.com/listener for privacy information.
5/7/2024 • 4 minutes, 54 seconds
R.I.CH: The Art of Wealth — Crafting generational wealth with your art collection
Have you ever wondered how the world's wealthiest people invest their millions? Well, there’s one area that has gained a lot of traction recently.
According to The Wealth Report 2023 published by Knight Frank, art was a top investment performer in 2022.
The report revealed that the super-rich weren’t only investing in art because they were following a passion, but they were also making good profits from it.
Should you start investing in art?
And with the increase in art collectors in the market, is it better to get an art advisor along your art-buying journey?
Ning Chong, Founder, Family Office For Art gives us the lowdown.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
5/7/2024 • 15 minutes, 2 seconds
Market View: SG Reits earnings, Tokyo Disney Resort’s 320 billion yen expansion; Apple reportedly developing homegrown AI chips
Singapore stocks entered this morning slightly stronger following overnight gains on Wall Street and Europe brought about by optimism over potential rate cuts by central banks.
In early trade, the Straits Times Index headed down 0.2 per cent to 3,309.13 points after 21 million securities changed hands in the broader market.
In terms of companies to watch, we have Frasers Logistics & Commercial Trust. Its distribution per unit (DPU) for the first half of the fiscal year declined 1.1 per cent to S$0.0348.
Meanwhile, from more on Tokyo Disney Resort’s S$2.8 billion expansion to Apple reportedly developing its homegrown chip to run AI tools in data centres, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Carmen Lee, Head of OCBC Investment Research.See omnystudio.com/listener for privacy information.
5/7/2024 • 11 minutes, 21 seconds
K-Experiences: Do you know your colour?
Do you know what colour best suits you? If you ever wondered what colour makes you shine, perhaps colour analysis is the something you might want to try. Hongbin Jeong finds out her best colour with colour analyst Alicia Soh of Color Me SG, an experience that left her questioning her fashion choice. See omnystudio.com/listener for privacy information.
5/7/2024 • 10 minutes, 28 seconds
Culture Club: A $26k glass exercise bike? When did fitness become a luxury item?
How much are you spending to look and feel like a million dollars in your gym attire?
What if you could also splurge on decking out your home with the best gym equipment that money can buy? Like a $26,000 glass exercise bike.
That’s what co-founders and fitness enthusiasts Debra Tay and Tudi Guillamot are seeking to do with their passion project, Cycling Bears, a brand that curates and customises luxury fitness equipment for homes.
But, the million dollar question is: Does investing in a luxury workout space actually motivate you to work out better?
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
5/7/2024 • 14 minutes, 11 seconds
What's Trending: Can a baguette get any longer?
On What's Trending, French bakers have made the longest baguette ever made, reaching 140.53 meters, a record that trumps the previous Italian record of 132.62 meters. Also, Yoshiko Miwa celebrates her title as the oldest living Japanese American.See omnystudio.com/listener for privacy information.
5/7/2024 • 6 minutes, 29 seconds
K-Slang: 농협은행 (Nonghyup Bank)
There’s one incident that went viral over a mispronunciation from a foreigner. And it led to a creation of a new slang word amongst Gen-Zs. It’s K-Slang word of the week - where I tell you one Korean slang word each week, to keep you on trend and help you blend in with the Koreans. And today's slang word is Nong-hyup eun haeng.See omnystudio.com/listener for privacy information.
5/6/2024 • 4 minutes, 50 seconds
Spill the Tea: This airline sold tickets to already cancelled flights
Australian airline Qantas has agreed to pay 66 million US Dollars in fines for misleading consumers by advertising seats on tens of thousands of cancelled flights. The airline has faced backlash due to soaring ticket prices, sloppy service, and the sacking of 1,700 ground staff during the COVID-19 pandemic.See omnystudio.com/listener for privacy information.
5/6/2024 • 5 minutes, 23 seconds
Sports Minutes: Could the Lion City Sailors be in for season of domination in the Singapore Premier League?
The Straits Times Sports Reporter Deepanraj Ganesan is in the Sports Minutes hot seat today as we look back on the sporting weekend that was. With the Lion City Sailors laying down an early marker clinching the Community Shield, could the Blue tide be rising in the Singapore Premier League? Plus, the quest to be crowned Kings of England continues....will it be City, will it be Arsenal? Tune in to find out!
Got a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
5/6/2024 • 22 minutes, 55 seconds
Under the Radar: SGX-listed HRnetGroup’s Chief Corporate Officer sheds light on the recruitment and staffing landscape, lowering revenues and improving margins
The recruitment and staffing landscape is in focus as we speak to one of the leading talent acquisition and management firms here in Asia.
Founded in 1992, HRnetGroup helps business leaders, hiring managers and job seekers build stronger companies, successful careers and better workplace cultures.
The firm’s business segments can be split into two, namely flexible staffing or the provision of temporary manpower solutions to companies, as well as professional recruitment, where it sources permanent staff for corporate staff.
The Singapore headquartered and SGX listed firm started off as a 4-man team and grew to a headcount of over 900 consultants across 17 Asian cities, such as Singapore, Kuala Lumpur, Hong Kong, Taipei, Beijing, Seoul and more.
Its business portfolio includes 14 brands such as HRnetOne, SearchAsia, and Yespay.
HRnetGroup had in February posted a 7.1 per cent year-on-year increase in net profit to S$35.3 million for the second half of 2023 driven by strong profit margins.
That’s even as revenue for the period fell 4.7 per cent on the year to S$283.7 million amid tough economic conditions and sector-wide profit downgrades.
It also noted that revenue trends were patchy. So how does the firm assess its road ahead, especially amid news of global firms streamlining their operations this year? Which brands continue to make meaningful contributions to the group?
Meanwhile, the firm had in 2022 acquired stakes in a number of businesses, such as a majority stake in local cloud-based workforce management software firm Octomate.
It also co-invested half a million Singapore dollars into the flexible staffing business of Recruit First Indonesia that year. But how far have the acquisitions reaped financial gains for the firm? And what’s next on the firm’s to buy list?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Adeline Sim, Chief Corporate Officer, HRnetGroup Limited.See omnystudio.com/listener for privacy information.
5/6/2024 • 19 minutes, 6 seconds
R.I.C.H: How one groomer turned his PAWssion to a million dollar business
A unique dog groomer, transforms dogs into unique characters on his Instagram. Despite facing challenges, he has turned his passion for dog grooming into a million-dollar business, showcasing his creativity and dedication to his craft. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Gabriel Feitosa, Dog Grooming Artist, Gabriel Feitosa Grooming Salon, to share more about his story.See omnystudio.com/listener for privacy information.
5/6/2024 • 11 minutes, 6 seconds
Market View: Highlights of Warren Buffett’s Berkshire Hathaway’s 2024 AGM, Singtel Optus’ new chief and more
Singapore shares advanced at the opening bell this morning, tracking gains in global markets.
In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,301.24 points after 51.6 million securities changed hands in the broader market.
In terms of companies to watch, we have Singtel, after the telecommunications giant’s Australian subsidiary, Optus, has named Stephen Rue as its new chief executive effective November 2024.
Elsewhere from key highlights of Berkshire Hathaway’s 2024 annual meeting, to how your cup of Kopi C Kosong is getting more expensive – more corporate and international headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
5/6/2024 • 16 minutes, 49 seconds
Culture Club: The Perfect Pair — Mother-daughter duo's famed jewellery business
Once a humble gemstone wholesaling enterprise, Amee Philips has carved its way to the big leagues since its debut at a New York fashion show.
Today, the famed jewellery house is synonymous with the unwavering pursuit of luxury, curating collections showcasing the rarest and most extraordinary gems.
But what’s it like running a company with your mother? This Mother’s Day, we explore the dynamics of entrepreneurial mother-daughter duos.
Gina Philips, Executive Director, Amee Philips talks about navigating a family business, trends in the gemstone market and their first overseas boutique in Singapore.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected]
See omnystudio.com/listener for privacy information.
5/6/2024 • 12 minutes, 53 seconds
What's Trending: You can't spell caffeine without AI
On What's Trending, AI has been used to develop a coffee blend by an artisan roastery. Aside from coffee, AI will also be used in shopping.See omnystudio.com/listener for privacy information.
5/6/2024 • 6 minutes, 20 seconds
R.I.C.H: Where to park your money? Invest in classic cars
Classic cars evoke feelings of nostalgia. Avid collectors say it's a a celebration of engineering, elegance, or a measure of status.
But there’s more to classic rides than just old world charm and prestige.
According to the Knight Frank Luxury Investment Index, classic cars have been one of the best-performing assets globally, sometimes outperforming the more traditional asset classes, over the years.
But what exactly makes classic cars such a good investment? How do you get started on owning a piece of automotive history in Singapore?
Kumar Balasingam, Founder and President, Classic Car Club Singapore shares some tips.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected]
Joining us in the studio today is Kumar Balasingam, Founder and President, Classic Car Club Singapore.
He’s been collecting classic cars for over 3 decades.See omnystudio.com/listener for privacy information.
5/3/2024 • 15 minutes, 9 seconds
Spill the Tea: What did the CFOs do that was so scandalous?
On Spill the Tea, two CFOs have violated their company's code of ethics by delaying payments to vendors and speeding up the company's collection of receivables. See omnystudio.com/listener for privacy information.
5/3/2024 • 4 minutes, 55 seconds
K-Influencer: How do you stand out at a K-Pop audition ?
A few months ago, ATTRAKT and Evergreen Group Holdings held the Fifty Fifty Global Auditions 2024. Although she didn't get the chance to be part of the group Fifty Fifty, Joye Cai was offered a trainee contract from Evergreen. David Yong, CEO of Evergreen, tells us what made her stand out during the auditions. We also find out more from Joye Cai herself on her experience.See omnystudio.com/listener for privacy information.
5/3/2024 • 17 minutes, 21 seconds
Culture Club: How about a weekend getaway to Siam Reap?
Is there is more to Siem Reap than the famous Angkor Wat? The short answer is yes!
Whether it is culture, nightlife, or pure relaxation you're looking for, this city in northwestern Cambodia is perfect for a short getaway.
And what better way to complement your holiday than a stay at The Aviary Hotel, an eco-friendly sophisticated urban oasis with 43 rooms nestled in the heart of Siem Reap.
Luxurious, welcoming, and personal, it offers a uniquely Cambodian twist to a modern environment.
We uncover the secrets of Siem Reap beyond the tourist trail with Joffrey Thin-Gris, General Manager, The Aviary Hotel.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
5/3/2024 • 10 minutes, 7 seconds
Market View: US April nonfarm payrolls, Apple and Live Nation Entertainment’s earnings, DBS’ disruption post record earnings and more
Singapore stocks inched up at the opening bell this morning, mirroring overnight gains in the US market.
In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,304.53 points after 29.5 million securities changed hands in the broader market.
In terms of companies to watch today, we have DBS. The lender yesterday experienced a disruption to its mobile banking services. Outage tracking site Downdetector recorded more than 3,000 reports made from around 5.45 pm about issues relating to DBS’ mobile banking.
That’s shortly after the bank posted a 15 per cent year-on-year rise in first-quarter net profit to S$2.95 billion, a new high for the company.
Meanwhile, from more on Apple’s quarterly profit ebbing, to Ticketmaster parent Live Nation Entertainment’s latest earnings, more corporate headlines remain in focus.
Plus – what does it mean for Singapore to be the top recipient of Q1 cross-border investments in APAC?
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
5/3/2024 • 14 minutes, 24 seconds
What’s Trending: Will your luggage be a lost case in Japan?
On What’s Trending, an airport in Japan has never lost a luggage in 30 years. Also, there’s some monkey business going on - an orangutan used a leaf to cure itself.See omnystudio.com/listener for privacy information.
5/3/2024 • 5 minutes, 42 seconds
Weekly Wrap Up: PM Lee bids farewell in final major speech, marking the start of DPM Wong tenure
Prime Minister Lee Hsien Loong delivered his last major political speech as head of government at the annual May Day Rally.
This comes a fortnight before he is set to pass the baton to Deputy Prime Minister Lawrence Wong, who will be sworn in as the Republic’s fourth prime minister, at a ceremony to be held at the Istana on May 15.
Did PM Lee's last major speech in a way mark the start of DPM Lawrence Wong's tenure as PM?
Dr Felix Tan, Independent Political Observer tells us more. See omnystudio.com/listener for privacy information.
5/3/2024 • 10 minutes, 47 seconds
R.I.C.H: Are private members clubs worth it?
Mention 'private clubs', and certain things usually come to mind — opulent decor, exclusive privileges, elite members and a VIP waiting list.
Yet, there's so much more to private members clubs than that.
From networking with some of the city's movers and shakers, to attending private events, being a member of an exclusive club has a wide range of perks.
With social club 1880, founder Marc Nicholson’s goal was to provoke conversation and inspire discourse.
Marc give us an inside look at what it's like being a part of a private members club.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected]
See omnystudio.com/listener for privacy information.
5/3/2024 • 14 minutes, 34 seconds
Spill the Tea: How an ex-husband almost didn’t let Harry Potter happen
On this episode of Spill the Tea, it’s Harry Potter Day today. But its author seems to have kept some hidden chapters.See omnystudio.com/listener for privacy information.
5/2/2024 • 3 minutes, 24 seconds
Sports Minutes: From Bedok to Burnley, a Singaporean who went from Public Service to the Premier League
A Singaporean in the English Premier League? No chance you think? Think again! Flying for the flag for the Lion City in the higher echelons of European football, Sean Bai was appointed as the Chief of Staff of Burnley Football Club in April 2024. So how did Sean go from being a public servant with MFA to becoming a key member of a Premier League football club? Tune in to find out!
READ MORE:https://www.straitstimes.com/sport/former-singapore-diplomat-appointed-english-premier-league-club-burnley-s-chief-of-staffGot a story to tell? Get in touch with [email protected] omnystudio.com/listener for privacy information.
5/2/2024 • 29 minutes, 53 seconds
Culture Club: This 'accidental' entrepreneur's secret sauce to success
A lawyer by training and an entrepreneur by nature, Loh Lik Peng saw an opportunity during the Asian Financial Crisis which spurred his first foray into the hospitality sector, and eventually the F&B industry.
The founder of Unlisted Collection is now a successful hotelier behind some of the most acclaimed restaurants and hotels in Singapore, China, Australia, the UK and Ireland.
In his portfolio? 40 hotels and restaurants. 9 of these restaurants were awarded 1 to 3 Michelin stars; from Burnt Ends, Zen, Cloudstreet to Da Terre in London.
The trail-blazing hotelier and restaurateur tells us what's next for him.
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Lam
Do you have a story to tell on The Evening Runway show? Contact [email protected] omnystudio.com/listener for privacy information.
5/2/2024 • 15 minutes, 9 seconds
K-Slang: 디토 소비 (Ditto Sobee)
You may have heard Ditto by New Jeans. This song in particular has created a new slang word. And that’s 디토 소비 (ditto sobee). So what does this k-slang word mean and how can use it? Listen to find out. See omnystudio.com/listener for privacy information.
5/2/2024 • 4 minutes, 36 seconds
Market View: DBS’s net profit up 15% yoy to S$2.95b to mark new high
Singapore shares advanced at the opening bell this morning, with local banks leading gains despite subdued performance in global markets.
In early trade, the Straits Times Index (STI) rose 0.5 per cent to 3,307.6 points after 68.7 million securities changed hands in the broader market.
In terms of companies to watch, we have DBS. The lender today announced a 15 per cent year-on-year rise in first quarter net profit to S$2.95 billion, marking a new high.
Elsewhere, from the US Federal Reserve holding interest rates steady overnight and putting a red flag on disappointing inflation readings, to the impact on the Yen – more international headlines in focus.
Also in focus – Elon Musk’s surprise China visit. Plus – how much did Alphabet pay Apple for Google to be the default search engine in the Safari browser?
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
5/2/2024 • 16 minutes, 27 seconds
What’s Trending: $19 for Cartier diamond earrings?
On What's Trending, a man bought Cartier earrings for $19. Still in line of fashion, a pair of stain stonewash jeans is retailing for $811. Would you buy it?See omnystudio.com/listener for privacy information.
5/2/2024 • 7 minutes, 34 seconds
Culture Club: Elliott Danker says goodbye, goes off air
In this full circle conversation, Elliott Danker walks down memory lane with his former on-air partner Ryan Huang. Elliott shares his sweetest memories being on MONEY FM 89.3 and shares his story pivoting out of the media industry. See omnystudio.com/listener for privacy information.
5/1/2024 • 14 minutes, 13 seconds
Sports Minutes: Of fond farewells and fresh new beginnings
As Elliott Danker bids farewell to Money FM 89.3 after six stellar years of wonderful service, we look back on some of the fondest farewells in the world of sport. Sir Alex Ferguson? Steven Gerrard? Kobe Bryant? Who comes to mind? And a little warning, tears were shed during this episode!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
4/30/2024 • 16 minutes, 19 seconds
Why It Matters: Creating a safer mobile app environment
Just recently, 127 personal learning devices were hacked due to a compromised Device Management Application. And during this incident, the names and email addresses of parents and school staff from 5 primary and 122 secondary schools, whose students use iPad or Chromebook as their Personal Learning Device (PLD), were accessed.
Why is Singapore a common target for cyber criminals? And is there any way we can create a safer mobile app environment?
Jan Sysmans, Mobile App Evangelist, Appdome shares more. See omnystudio.com/listener for privacy information.
4/30/2024 • 12 minutes, 35 seconds
China Perspective: What are the outcomes of Blinken's second visit to China?
From US Secretary of State Antony Blinken meeting his Chinese counterpart Wang Yi and Chinese leader Xi Jinping in Beijing to the mystery over China’s economy.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
4/30/2024 • 9 minutes, 13 seconds
Culture Club: Road to fitness amidst lifestyle as an ambassador
People hit the gym for a variety of reasons, to relieve stress or to work towards a fitness goal. But that is not the case for our next guest, he started going to the gym to do better at his office job.
Our guest’s office job is not quite what you may think, he is actually El Salvador’s diplomatic ambassador to Singapore.
His Excellency Arturo Alfonso Acevedo Valencia, El Salvador Ambassador to Singapore shares his story of moving to Singapore and what prompted him to lead a healthier lifestyle. See omnystudio.com/listener for privacy information.
4/29/2024 • 20 minutes, 17 seconds
Sports Minutes: Is Klopp's farewell tour at the risk of implosion after Salah fallout?
Liverpool's stuttering end to the season hit another snag, with the departing Jurgen Klopp and out-of-form Mo Salah involved in a touchline spat during the 2-2 draw with West Ham. The result left Liverpool all but out of the title race. What does this mean for the Reds on the Klopp-less road ahead? Plus the two-horse Premier League title race is going right down to the wire!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
4/29/2024 • 13 minutes, 48 seconds
Washington Report: Blinken in the Middle East, Biden starts the clock for ByteDance
From US Secretary of State Antony Blinken's seventh diplomatic mission to the Middle East since the Israel-Hamas war to US President Joe Biden signing a US$95 billion foreign aid Bill into law, starting the clock on a nine-month window for TikTok’s China-based parent company, ByteDance, to sell the app.
Pushan Dutt, Professor of Economics, INSEAD gives us an analysis of those headline and more.
See omnystudio.com/listener for privacy information.
4/29/2024 • 14 minutes, 37 seconds
Why It Matters: Cohesive approach to AI, would compliance eventually be replaced by AI?
As Artificial Intelligence (AI) continues to become more prevalent in the workplace, organisations are increasingly looking for ways to ensure that their AI systems comply with relevant regulations and standards.
Dow Jones Risk & Compliance has recently unveiled an industry-leading AI-powered research platform that enables organisations to build an investigative due diligence report covering multiple sources in as little as five minutes. The new offering is set to reshape compliance workflows, creating an additional layer of investigation that can be deployed at scale.
Joel Lange, Executive Vice President and General Manager, Risk & Research, Dow Jones shares more. See omnystudio.com/listener for privacy information.
4/29/2024 • 9 minutes, 43 seconds
Culture Club: More than just raw fish. Poke Theory on navigating evolving customer needs
The term ‘Poké Bowl’ has been doing its rounds on social media for a couple of years now. Chances are, you too might have tried this dish at the peak of the Poké bowl craze.
Since opening their doors in 2016, Poke Theory’s brother-sister duo have served up countless bowls of rice, fresh veggies and raw fish. 8 years on, Poke Theory is looking to innovate and enhance their menu with a fresh overhaul to meet consumers' evolving needs.
Joey Lee, Co-founder and Managing Director of Poke Theory explains how.See omnystudio.com/listener for privacy information.
4/26/2024 • 19 minutes, 44 seconds
Culture Club EXTRA: Artyzen Singapore, infusing maximalist design with hyperlocal sensibilities
Imagine a peaceful oasis right in the bustling heart of Orchard Road. That’s exactly what Artyzen Singapore delivers. Standing out on the star-studded hotel stretch of Cuscaden Road is no easy feat, but Hong Kong-based hospitality brand Artyzen’s first international outpost in Singapore has done it through a potent mix of design maximalism and emphasis on the hyperlocalJeff Crowe, General Manager, Artyzen Singapore tells us more.See omnystudio.com/listener for privacy information.
4/26/2024 • 12 minutes, 34 seconds
Why It Matters: Are organizations in Singapore confident in managing cyber risks?
According to the Cyber Security Agency of Singapore, insufficient knowledge and experience are the top barrier to the adoption of cybersecurity measures amongst organizations here. Other hurdles included lack of resources, low return-of-investment concerns, and budget constraints.
Amid the surge in phishing scams and ransomware attacks, is the confidence among Singapore organizations unwarranted?
Daniel Chu, Vice President of Systems Engineering, APJ, at ExtraHop weighs in.See omnystudio.com/listener for privacy information.
4/26/2024 • 13 minutes, 8 seconds
Culture Club: Indulge into the exclusive private club world in Singapore
When you think of private clubs, certain things typically come to mind, exclusive perks, luxurious decor and a long waiting list. However, there is more to private clubs than this.From networking with some of the city's high flyers to attending private events, being a member of an exclusive club has a range of perks. Jeff Connon, General Manager, Mandala Club tells us more. See omnystudio.com/listener for privacy information.
4/25/2024 • 13 minutes, 36 seconds
Sports Minutes: Liverpool lose ground in the Premier League title race after derby defeat
Liverpool's Premier League title ambitions took a(nother) bitter blow as the Reds loss 2-0 to Merseyside rivals Everton - derailing the hopes of a fairytale farewell in Jurgen Klopp's swansong season at the helm. Did the timing of the German's departure announcement have an undesired effect on the title tilt? And where to from here for the stumbling reds? We hear from a couple of Liverpool fans for their take.
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
4/25/2024 • 12 minutes, 16 seconds
Why It Matters: Helping people with autism to integrate better in the employment landscape
April is Autism Awareness Month, and we dedicate this conversation to promote acceptance, understanding, and inclusion of individuals with autism. In Singapore, one in 150 children has autism. Studies have shown that the public perception of autism revealed that autistic children are generally judged in a less favourable light.
It gets harder for them as they enter the working world as well. So what more can we as a society do to help people with autism integrate better in the employment landscape?
Belinda Chua, Head of Employability Services, Rainbow Centre tells us more. See omnystudio.com/listener for privacy information.
4/25/2024 • 13 minutes, 27 seconds
Sports Minutes: Revolutionizing golf as we know, it's LIVGolf and it's returning to the Lion City!
Golf's biggest battleground is coming to Singapore, May 3-5th. Are you ready to experience golf like never before? Well tune in to be convinced if you're not already - as Su-Ann Heng, Singapore's former No.1 ranked golfer & LIVGolf's on course analyst, speaks to Sports Minutes!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
4/24/2024 • 16 minutes
Culture Club: A luxury lounge built to the same scale as NASA’s Apollo 11 space capsule
The Executive Centre (TEC), headquartered in Hong Kong with a footprint across APAC and Middle East, has been at the forefront of flexible work since opening its doors in Hong Kong in 1994. Today, the flexible workspace company boasts over 200 Centres in 34 cities and 15 markets.
All of their spaces are situated at prime office buildings in the CBD, and are well-furnished with luxury furniture from prestigious brands. Of note, TEC proudly owns two of Timothy Oulton’s twenty two Apollo capsules – a luxury lounge built to the same scale as NASA’s Apollo 11 space capsule. The pods have landed in the Centres at AIA Central in Hong Kong and ITC in Shanghai respectively.
Ricky Wells, Global Head of Capital Development, The Executive Centre shares more. See omnystudio.com/listener for privacy information.
4/24/2024 • 10 minutes, 5 seconds
Why It Matters: Giving our e-waste a second chance
Did you know that In 2022, the amount of e-waste generated globally hit 62 million tonnes and that is enough to fill 1.55 million 40-tonne trucks. And Asia is a major source of e-waste, accounting for nearly half of the global e-waste generated in 2022.
While many components of electronic devices are recyclable, the recycling rate for e-waste is relatively low.
Nathan Hall, Vice President of Asia Pacific & Japan, Pure Storage tells us how we can recycle e-waste right. See omnystudio.com/listener for privacy information.
4/24/2024 • 9 minutes, 1 second
Regional Round Up: Najib's saga continues, will it affect his chance for house arrest?
From former Malaysian PM Najib Razak not divulging a meeting with the Saudi King to MACC investigators to Myanmar’s former state counsellor Aung San Suu Kyi and President Win Myint were reportedly moving out of jail to house arrest last week.
Dr Felix Tan, Independent Political Observer gives us an analysis of those headlines and more.See omnystudio.com/listener for privacy information.
4/24/2024 • 13 minutes, 26 seconds
Culture Club: Bankside Yards, UK’s first major fossil-fuel free mixed-use development
Hidden for more than 150 years, a row of Victorian railway arches will be restored to become the focal point of a £2.5 billion development on London’s South Bank. They will form the heart of a commercial, retail, cultural and residential hub as part of Native Land’s ‘Bankside Yards’ riverside project.
With climate action as its foundation, the mixed-use development at Bankside Yards is set to be the UK’s first major fossil-fuels-free regeneration project with zero emissions in operation.
Nicholas Gray, Sales & Marketing Director, Native Land shares more. See omnystudio.com/listener for privacy information.
4/24/2024 • 10 minutes, 3 seconds
Sports Minutes: The quest to find the next Joseph Schooling
Singapore Aquatics (SAQ) and Sports Schooling, the swim school of Olympic gold medallist Joseph Schooling, will be conducting a swim clinic to bring aquatic sports to underprivileged children. The clinic is part of SAQ’s “Empowering Lives Through Aquatics” initiative, which aims to get participants between the ages of 6 and 14 to complete the first three stages of SwimSafer, the national water safety programme. How will this set us on the trajectory to unearth our next Olympic Champion? Ow Yong Weng Leong, Vice President (Partnerships), Singapore Aquatics, joins us to explain.
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
4/23/2024 • 10 minutes, 15 seconds
Why It Matters: Beating inflation, how can businesses deal with increasing cost of things?
Recently a few gyms and fitness centres have all been in the news for the wrong reasons as members found themselves caught out with sudden closures. The blame has been cast on the impact of Covid-19 and rising business costs.
But even with the current landscape of the fitness business undergoing significant transformation, our guest has somehow managed to sustain his business.
Sasidharan Unnithan, Founder & Managing Director, FightZone shares his story. See omnystudio.com/listener for privacy information.
4/23/2024 • 13 minutes, 16 seconds
China Perspective: Has China divided the EU? Is cooperation on the cards?
From China’s initial restrained silence on Iran’s unprecedented attack on Israel to China's President Xi Jinping ordering the biggest military reorganisation since 2015.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
4/23/2024 • 9 minutes
Market View: Singapore’s inflation numbers; CapitaLand Ascendas Reit’s higher average rental rate, Keppel Reit’s net property income up 7.2% yoy in Q1; Gojek, ComfortDelGro Taxi to dispatch untaken ries to each other’s platform; Bubble tea craze vs Chabaidao’s nearly 40% slump in HK debut; Reuters report on Chinese entities acquiring advanced Nvidia chips in server products made by Super Micro Computer, Dell, Gigabyte Technology
Singapore stocks opened stronger today following overnight gains on global markets as easing tensions in the Middle East boosted investor confidence.
In early trade, the Straits Times Index (STI) rose 1 per cent to 3,258.07 points after 76.6 million securities changed hands in the broader market.
In terms of companies to watch, we have CapitaLand Ascendas Reit. Its manager yesterday reported a higher average rental rate of 16.9 per cent for leases renewed in the first quarter of 2024, up from 15.2 per cent in the previous quarter.
Elsewhere, from a media report on how China acquired recently banned Nvidia chips in Super Micro and Dell servers, to bubble tea brand Chabaidao’s trading debut on the Hong Kong Stock Exchange, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Analyst, OANDA.See omnystudio.com/listener for privacy information.
4/23/2024 • 17 minutes, 1 second
Under the Radar: Saxo’s founder and CEO Kim Fournais sheds light on investors sentiment, pricing revamp and changes in leadership at the investment firm
It’s all about sentiment within financial markets today as we speak to one of the earliest fintech companies in the world. .
Founded in 1992, our guest is Saxo is an international investment firm for investors and traders under the supervision of the Danish FSA, with a reach of over 2,500 professionals around the world including in key financial hubs such as Singapore.
Its investment platform provides users access to global capital markets across asset classes, while its open banking technology powers over 200 financial institutions to enhance their investment experience.
Why are we talking to Saxo you might ask? Well, with economic data out of the US coming in hot in the early months of the year, putting into question the Federal Reserve’s rate cut timeline, a property slump in China, and ongoing geopolitical tensions around the world – we want to find out how if investors’ are indeed on a risk-off mode right now, and if that has influenced demand for investment products investment platform.
The firm also revamped its pricing structure to lower trading costs for customers in March this year – but how far has that got to do with the wider business environment and the competitive landscape of the global online trading platform market?
More recently, the firm was reportedly said to be exploring a possible sale after talks to go public through a SPAC merger fell through. But what were the reasons behind the move and what can we expect from here?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Kim Fournais, Founder and CEO of Saxo.See omnystudio.com/listener for privacy information.
4/23/2024 • 32 minutes, 55 seconds
Culture Club: Earth Day 2024 - Thrifting in Singapore with a sustainable fashion expert
As the world celebrates Earth Day on April 22, it is important to reflect on the role that fashion plays in shaping the future of our planet. With sustainable fashion and mindful shopping on the rise, more individuals are turning to thrift shops in Singapore to give old clothes new life. But how do you go thrift shopping efficiently?
Sustainable fashion influencer, Nicole, @chinchilla.vintage shares with us the best thrifting tips to shop sustainably.
See omnystudio.com/listener for privacy information.
4/22/2024 • 16 minutes, 18 seconds
Sports Minutes: Drama and delusion takes centre stage as Derby day awaits in the FA Cup final!
A second consecutive FA Cup final will see a Manchester Derby take centre stage, as United survived a scare from Coventry to book their place in the showpiece event while City edged out Chelsea the day before. But is time's up for ten Hag at the helm despite a third cup final berth in two years? We hear from our man on the ground, The Straits Times sports reporter Deepanraj Ganesan, who was at Wembley for both the semi-finals.
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
4/22/2024 • 15 minutes, 8 seconds
Why It Matters: Challenges faced by brands when it comes to AI and customer data
New research from Twilio highlights that while businesses are successfully using AI to power more personalised, intelligent customer interactions, brands continue to grapple with challenges around transparency and lack of customer data.
So what are these challenges and how much trust do consumers have on brands to keep their data safe?
Nicholas Kontopoulos, Vice President of Marketing, Asia Pacific & Japan, Twilio shares more. See omnystudio.com/listener for privacy information.
4/22/2024 • 10 minutes, 51 seconds
Washington Report: US House passes $129.3b Ukraine, Israel aid package. What’s next?
US House of Representatives passed US$61 billion in fresh aid for Ukraine on Saturday, ending a six-month political impasse during which Kyiv’s stockpiles dwindled in its war against Russia. The Ukraine aid will be combined with funding for Israel and Taiwan, for a foreign assistance package totalling US$95 billion. Will this help end the war in Ukraine? Why are US lawmakers now tying TikTok to foreign aid?
Emeritus Professor Joseph Camilleri, La Trobe University, Melbourne and Fellow, The Academy of the Social Sciences in Australia weighs in. See omnystudio.com/listener for privacy information.
4/22/2024 • 15 minutes, 29 seconds
Market View: DBS’s green loan to ComfortDelGro, sale of shophouses; Wilmar International subsidiary’s tank terminal facility hit by missile; Sheng Siong’s capital allocation priorities; SGX earnings season; Tencent shares rallies most since Feb; Tesla cuts prices, Chery Automobile Thailand plant; US earnings lookahead
Singapore shares inched up at the opening bell this morning, eking out a gain despite subdued performance in global markets.
In early trade, the Straits Times Index (STI) rose 0.1 per cent to 3,180.07 points after 38 million securities changed hands in the broader market.
In terms of companies to watch, we have DBS. The bank has put up for sale a portfolio of 46 HDB shop and shophouse units, and private strata retail units with a total guide price of about S$210 million.
Elsewhere, from a lookahead to the latest earnings season in Singapore and the US, to Tencent Holdings staging their biggest rally since February – more corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
4/22/2024 • 16 minutes, 39 seconds
Sports Minutes: "FA Cup progress could make or break ten Hag!" - Wes Brown on Manchester United's underwhelming season
With rumours continuing to swirl regarding Erik ten Hag's future at Manchester United, the team head into a "make or break" weekend with a semi-final clash against Coventry City in the FA Cup. Riddled by injuries and ridiculed for a lacked of identity, what next for the once mighty Manchester United? We caught up with Wes Brown, a treble-winner and two-time UEFA Champions League winner with Manchester United, who was speaking to Sports Minutes on the sidelines of the Starhub Football Festival.
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
4/19/2024 • 21 minutes, 26 seconds
Why It Matters: Unlocking the future with GenAI & Cloud Solutions in APAC & Singapore
According to Forrester, tech spending in Singapore hit S$22.17 billion in 2023. And across the region, 70% of Asia Pacific C-suite executives are either exploring generative AI use cases or already investing in them.
Given the benefits of generative AI, how can Singapore organizations effectively leverage Generative AI to reduce business costs, and improve productivity securely?
Sanjay Deshmukh, Senior Regional Vice President, ASEAN and India, Snowflake explains. See omnystudio.com/listener for privacy information.
4/19/2024 • 14 minutes, 40 seconds
Culture Club: “Quailia”, a new bird currently only available in Singapore
Would you eat a new sub-species of a bird? Forged by Vow, pioneers in cultured meat, have created an entirely new subspecies of animal, called ‘Quailia’, solely for the purpose of eating. And what’s in its secret recipe? Japanese quail cells.
Singaporean gastronomes will be the very first in the world to taste Forged Parfait at an exclusive dinner series, Forged at Mandala Club, held at MORI within Mandala Club from April 12 to April 27. Tickets are available at forgedbyvom.com.
George Peppou, CEO & Founder of Vow shares more. See omnystudio.com/listener for privacy information.
4/19/2024 • 12 minutes, 53 seconds
Market View: Rising Middle East tensions on oil prices, airline counters and global markets; CapitaLand Integrated Commercial Trust’s net property income up 6.3% yoy; Keppel DC Reit reports 13.7% yoy drop in Q1 DPU; UOB Chief Executive on ROE target; Apple said it removes WhatsApp, Threads from App Store in China; SK Hynix, TSMC to collaborate on next generation high bandwidth memory chips
Singapore stocks inched up at the opening bell today, despite overnight losses on Wall Street amid analyst expectations of reduced Federal Reserve action.
In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,192.3 points after 39.7 million securities changed hands in the broader market.
In terms of companies to watch today, we have CapitaLand Integrated Commercial Trust. That’s after the REIT manager said in a business update today that it posted a net property income of S$293.7 million for its first quarter ended Mar 31, up 6.3 per cent year on year.
Meanwhile, from movements in oil prices following rising tensions in the Middle East and the impact on global markets, to chipmakers SK Hynix and TSMC working together to make next generation high bandwidth memory chips used in AI technology, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
4/19/2024 • 13 minutes, 13 seconds
Weekly Wrap Up: ABS looking for anti-scam mascot for banks, but how relevant is a mascot in this day and age?
The Association of Banks in Singapore (ABS) is looking for an anti-scam mascot to serve as a visual rallying call to bank customers to “stop and check before clicking”. It launched its anti-scam mascot design competition on April 16, offering $10,000 for the top entry, and $3,000 and $2,000 for the second- and third-placed designs, respectively.
But how will a mascot help in the fight against scams?
Ong-Ang Ai Boon, Director, The Association of Banks in Singapore tells us more. See omnystudio.com/listener for privacy information.
4/19/2024 • 13 minutes, 33 seconds
Under the Radar: Trip.com’s COO on China’s travel recovery, booking recovery in Japan; partnerships with AirAsia’s CapitalA
It’s all about travel today as we speak to one of the world’s leading online travel agencies – Trip.com.
On its own, Trip.com is a familiar name to many, with a network of over 1.4 million hotels in 200 countries and regions, as well as more than 2 million individual flight routes connecting over 5,000 cities around the globe.
It is actually part of the NASDAQ and Hong Kong Exchange listed Trip.com Group which includes other brands such as Ctrip, Qunar and more notably, Skyscanner.
The Group had in February reported a 105 per cent year-on-year growth in Q4 revenue to RMB 10.3 billion (US$1.5 billion), higher than market expectations of RMB 10.2 billion.
The showing was said to be boosted by China’s tourism recovery post-pandemic. But what were the other factors at play and how far did Trip.com as a brand contribute to the Group’s balance sheet?
Speaking of growth drivers, Trip.com Group had earlier noted that it is embarking on a “Hotel + X” strategy” to cater to millennial and Gen Z consumers who are looking to purchase both accommodations and experiences in one go.
So what does this strategy look like when it comes to Trip.com as a standalone platform and how far has the move to cross-sell products bolstered its top and bottom lines?
Meanwhile, Trip.com Group recently signed a deal with AirAsia owner Capital A to enhance travel offerings within Asia. But again, what will this mean for the platform Trip.com?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Schubert Lou, Chief Operating Officer, Trip.com.See omnystudio.com/listener for privacy information.
4/19/2024 • 31 minutes, 38 seconds
Sports Minutes: The Singapore Badminton Open returns to the Lion City!
The KFF Singapore Badminton Open 2024, that is happening from 28 May to 2 June, promises an electrifying showcase of world-class badminton talent, set against the backdrop of Singapore's vibrant sporting atmosphere. Why should you make time to check it out? We're in conversation with Arun Keshav Cavale, Vice President of the Singapore Badminton Association, to convince us (and you)!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
4/18/2024 • 13 minutes, 56 seconds
Market View: Apple’s Tim Cook in Singapore; LG Electronics to raise up to US$1b in US dollar bond deal; Elon Musk asks shareholders to make him richer; CDL and Delfi Orchard’s S$438m collective sale; Cordlife’s police report against former employees, private placement; DFI retail group puts last two SG properties on market
Singapore stocks advanced this morning, despite losses in the US market and mixed results in regional markets.
In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,164.75 points after 73.8 million securities changed hands in the broader market.
In terms of companies to watch, we have DFI Retail Group. The group has put its last two Singapore properties on the market. BT reported that the total guide price for these two assets is S$48.5 million, though potential buyers can make offers for one or both properties.
Elsewhere, from LG Electronics aiming to raise up to US$1 billion with dollar bonds to Apple CEO Tim Cook’s meeting with Singapore leaders, more corporate and international headlines remain in focus.
Also in focus – the latest earnings season underway in the US.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
4/18/2024 • 17 minutes, 24 seconds
Culture Club: Exploring South Africa, trends in the world of luxury travel, especially for families with kids
Family trips have evolved greatly. Gone are the days of quick trips to neighbouring countries, travel experts are now seeing families becoming more adventurous in the places they go to and the activities they participate in.
Plus, families are beginning to travel with their children from an even younger age, bucking the term “they’re too young to remember anything”. So is the South African continent the next 'go to' place for families?
Gwen Ho, Luxury travel consultant & South Africa Specialist, Scott Dunn shares more. See omnystudio.com/listener for privacy information.
4/18/2024 • 11 minutes, 54 seconds
Why It Matters: Biggest skincare trends, Asian skin versus Western skin types
When thinking of everyday personal care, we look towards skincare fit for Asian skin and innovation that does not contain nasties, combining both good clinical derma care and aesthetics.
So what are the biggest skincare trends in recent times? And how can one care for their skin amidst climate change?
Kesh Gunasinghe, Head of R&D APAC, Kenvue shares more. See omnystudio.com/listener for privacy information.
4/18/2024 • 13 minutes, 37 seconds
Sports Minutes: How the Karim Family Foundation are walking the talk to serve a greater purpose
The KFF Singapore Badminton Open 2024, that is happening from 28 May to 2 June, promises an electrifying showcase of world-class badminton talent, set against the backdrop of Singapore's vibrant sporting atmosphere. Beyond the high-level competition, why have the Karim Family Foundation decided to back the tournament? We sat down with Cindy Karim, Principal of the Karim Family Foundation to fin out!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
4/17/2024 • 10 minutes, 16 seconds
Culture Club: The mastermind behind luxury hotel designs around the world
Luxury hotels provide an experience unlike any other — one where exceptional service meets extraordinary amenities in an environment crafted for pure indulgence. But how does design play a part in that experience?
We find out from the mastermind behind luxury hotels around all around the world, from W Mina Seyahi in Dubai, Fullerton Hotel Ocean Park in Hong Kong, the JW Marriott Khao Lak in Thailand, and Roku Kyoto in Japan, as well as Six Senses Kyoto. Also hotly anticipated is Banyan Tree in Dongguan, China, and the NEOM Morgans Original in Saudi Arabia.
Clint Nagata, Founder and Creative Partner, BLINK Design Group shares his insights. See omnystudio.com/listener for privacy information.
4/17/2024 • 11 minutes, 7 seconds
Market View: Jerome Powell on recent data and confidence needed to lower rates; Singapore’s March NODX down 20.7% yoy; ASML earnings down amid China-West tensions; Morgan Stanley reportedly planning to streamline operations in China; CDL sold 65 units at The Residences at W Sentosa Cove Singapore in a week; Keppel Pacific Oak US Reit’s Q1 distributable income down 8.8%
Singapore shares opened weaker today following overnight losses on European markets.
In early trade, the Straits Times Index (STI) was down 0.1 per cent to 3,143.14 points after 33 million securities changed hands in the broader market.
In terms of companies to watch for today, we have City Developments Ltd after its associate company Cityview Place sold 65 units at The Residences at W Sentosa Cove Singapore in a week.
This is more than the 58 units put on the market on the 9th of April.
Meanwhile from a deeper look at Singapore’s key export numbers to earnings from chipmaking equipment manufacturer ASML – more local and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.See omnystudio.com/listener for privacy information.
4/17/2024 • 14 minutes, 32 seconds
Why It Matters: Is Singapore really the most boring country?
Back in April, a travel vlogger posted a video on Instagram, saying Singapore was a boring country with no vibes and claimed she would never visit the city-state again.
Is Singapore so hard to love and easy to forget? Do rapid changes to our urban environment make Singapore an ‘unlovable city’?
Adrian Lai, Architect from Meta Architecture and the Festival Director of Singapore Archifest 2024 weighs in.See omnystudio.com/listener for privacy information.
4/17/2024 • 11 minutes, 30 seconds
Regional Roundup: Vern's apologises, explains controversial shoe logo
From the region’s reaction to Iran drone attacks on Israel to a possible Shinawatra family reunion in 2025.
Dr Mustafa Izzuddin, Senior International Affairs Analyst, Solaris Strategies Singapore gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
4/17/2024 • 11 minutes, 57 seconds
Under the Radar: From cherry supplier to cherry wine and juice maker - Frederiksdal’s founder on how a slump in cherry prices kickstarted the firm’s transformation process
It’s literally cherry on the cake to speak to a company said to be the only in the world so far that produces wine from – not grapes, but cherries!
Our guest for today is Frederiksdal, a Danish firm that specialises in beverages like juices and wines made from Danish Stevns Cherry.
These are not the sweet cherries we eat during summer time, but those that taste sour with high sugar and acid content.
Such cherries are called Grapes of the North. They are not eaten directly but are said to be perfect for making items like sauces, juices, jams or even wines.
Back to Frederiksdal, the firm is named after the Frederiksdal Estate in Southern Denmark which grows these cherries.
It traces back to 1756 and has been owned by the Krabbe family for three generations, who used to sell the cherries to juice manufacturers.
But as life would have it, cherry prices tumbled in 2006, prompting its third generation owner to make the cherries farmed into wine and juices on its own instead.
The story takes itself forward from there, as the firm grows to become one of the biggest wineries in Nordic cities, shipping its products to all parts of the world. So how has Frederiksdal’s value proposition changed over the years and how has that transformation process reaped benefits for the firm?
Meanwhile, the company had said in a media report that its key export markets now include Singapore, China, the US and Japan. But what is driving export demand right now and what will continue to be its key drivers of growth?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Harald Krabbe, Founder, Frederiksdal.See omnystudio.com/listener for privacy information.
4/17/2024 • 30 minutes, 54 seconds
Sports Minutes: "Liverpool only have themselves to blame!" - Heskey on the Reds' recent struggles
With 149 shots on goal in their last 6 Premier League games but only 9 goals to show for their efforts....Liverpool have gone from hunting down a quadruple to running out of steam as the season approaches a climax. Who is to blame, and what does this mean for Jurgen Klopp's legacy in his final stretch at the helm? And who should replace the outgoing German? Sports Minutes is in conversation with Emile Heskey, who will be in town for the StarHub Festival Football happening this weekend at Our Tampines Hub. Check it out!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
4/16/2024 • 15 minutes, 20 seconds
Culture Club: Jump into the world of large-scale inflatable installations at ION Orchard
Reality meets fantasy in a Spring / Summer installation titled ‘Lost in Enchantment’ by Australian artist, Amanda Parer.
For the first time in Singapore and in Asia, visitors to ION Orchard are invited to an immersive experience where an interplay of garden and inflatable elements create an enchanting mix of light and colour.
Amanda Parer, Artist tells us more about what to expect at ‘Lost in Enchantment’. See omnystudio.com/listener for privacy information.
4/16/2024 • 10 minutes, 25 seconds
JUST IN: PM Lee to become senior minister, no major changes to Cabinet until after next GE: DPM Wong
Speaking to reporters during a 10-minute doorstop interview at the Ministry of Communications and Information on April 16, a day after the long-awaited handover date was announced - Deputy Prime Minister Lawrence Wong said Prime Minister Lee Hsien Loong will take on the role of senior minister in the new Cabinet, which should not have major changes. DPM Wong also confirmed that he will announce the make-up of his new Cabinet in a press conference a few days before he is sworn in as Singapore’s fourth prime minister on May 15.
READ MORE:https://www.straitstimes.com/singapore/politics/pm-lee-to-become-senior-minister-no-major-changes-to-cabinet-until-after-next-ge-dpm-wong
See omnystudio.com/listener for privacy information.
4/16/2024 • 4 minutes, 52 seconds
Market View: STI performance amid global tensions; SIA’s passenger numbers up 20.7% yoy; China’s GDP grew 5.4% in Jan-Mar; TSMC’s expected to report 5% rise in Q1 profits; Billions up for grabs in Tokyo’s real estate sector, driving attention of activist funds; Microsoft and Google to pour billions into AI
Singapore stocks fell at the opening bell this morning, tracking losses in global markets amid worries over geopolitical uncertainty in the Middle East.
In early trade, the Straits Times Index (STI) fell 0.3 per cent to 3,175.63 points after 39.3 million securities changed hands in the broader market.
In terms of companies to watch, Singapore Airlines, after the national carrier and its low-cost arm Scoot together moved 3.3 million passengers in March, up 20.7 per cent from the previous year.
Elsewhere from more on TSMC’s earnings to China’s Q1 GDP numbers, more corporate and international headlines remain in focus.
Glad to unpack the developments with James Cheo, Chief Investment Officer, Southeast Asia and India at HSBC Global Private Banking and Wealth.See omnystudio.com/listener for privacy information.
4/16/2024 • 10 minutes, 51 seconds
Why It Matters: What Estonia can offer to support one's digital nomad lifestyle
Estonia does not have to struggle to find a point of difference; it’s completely unique. While it shares a similar geography and history with Latvia and Lithuania, culturally it’s distinct.
And while the country is the 132nd-smallest country in the world by land mass, it has produced more startups per capita than any other country in Europe. With ten unicorns and counting, Skype and Wise among them, the concentration of successful startups is astounding.
Sandra Särav, Deputy Minister for Economy and Innovation of Estonia tells us more about the country's startup scene and the their digital nomad attractiveness.See omnystudio.com/listener for privacy information.
4/16/2024 • 14 minutes, 8 seconds
China Perspective: 'Nobody can stop 'family reunion' with Taiwan'
Highlights from a rare meeting between former Taiwanese President Ma Ying-jeou and Chinese President Xi Jinping to a "new chapter" of Beijing-Pyongyang relations.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
4/16/2024 • 9 minutes, 33 seconds
Weekly Wrap Up: DPM Wong set to be Singapore's new PM, what can we expect from him?
After nearly 20 years heading Singapore’s government, Prime Minister Lee Hsien Loong is set to step down on May 15. And as part of a long-planned succession, Singapore will be ushering in a new era led by current Deputy Prime Minister Lawrence Wong as our fourth prime minister.
So what can we expect from DPM Wong when he takes over the reins of Prime Minister? Based on his leadership style, what have we learnt about him, how will he lead Singapore? How will he position Singapore moving forward?
Eugene Tan, Associate Professor of Law, Singapore Management University shares his views. See omnystudio.com/listener for privacy information.
4/15/2024 • 16 minutes, 7 seconds
Sports Minutes: 'Neverkusen' no more as Xabi Alonso leads Bayer Leverkusen to Bundesliga glory
Bayer Leverkusen lifted the Bundesliga title for the first time in their 120-year history breaking Bayern Munich's 11-year stranglehold on the German top flight. Under the leadership of Xabi Alonso, their dominance has been relentless, unbeaten in 43 matches across 3 competitions this season. How has Alonso achieved this in under 18 months at the helm? Plus, we discuss a potentially decisive weekend in the Premier League too!See omnystudio.com/listener for privacy information.
4/15/2024 • 14 minutes, 5 seconds
Culture Club: Climbing the c-suite corporate ladder, what makes a good leader?
The term "corporate ladder" is a conceptualised view of a company's employment hierarchy in which career advancement is considered to follow higher rungs on a ladder with of course upper management positions at the top.
Our guest is only 28 years old and has recently been announced as CEO of True Global Ventures. This milestone is a testament to her remarkable journey which started when she was 21 years old and her dedication to the firm as a General Partner, has resulted into being board member / observer on 4 of True Global Ventures portfolio companies.
Beatrice Lion, CEO and General Partner, True Global Ventures shares her journey to becoming CEO.See omnystudio.com/listener for privacy information.
4/15/2024 • 16 minutes, 3 seconds
Market View: JPMorgan, Citigroup, Wells Fargo – US Bank earnings; PBOC leaves one year MTF unchanged;Middle East tensions; Apple’s Tim Cook in Vietnam; Singapore developer’s sales highest in 4 months; Elite Commercial Reit’s to expand investment strategy; Seatrium on Shell partnership ; Sabana Reit on requisitioned EGM
Singapore shares opened lower today, tracking losses in the US market amid worries over tension and conflict in the Middle East.
In early trade, the Straits Times Index (STI) fell 0.9 per cent to 3,186.89 points after 69.5 million securities changed hands in the broader market.
In terms of companies to watch, we have Elite Commercial Reit, after the manager said today that the Reit will expand its investment strategy to include other asset sectors in the UK in addition to its current focus on social infrastructure assets.
Elsewhere from Singapore developer’s sales jumping to the highest level in four months in March, to China’ central bank leaving a key policy rate unchanged, more corporate and international headlines are in focus.
Also on deck – Apple’s Tim Cook arrived in Vietnam, but what’s on his agenda?
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
4/15/2024 • 13 minutes, 57 seconds
Why It Matters: Does Singapore have what it takes to cultivate global leaders?
In today's interconnected world, expanding your company and its offerings internationally can open up a world of opportunities for your business. Going global offers access to new markets, diverse customer bases, and increased revenue potential. However, international expansion is not without its challenges.
So how can businesses explore advanced strategies for expanding themselves internationally? How does cultivating global leaders and teams play a part in all this?
Charles Ferguson, General Manager - Asia Pacific, G-P shares his views. See omnystudio.com/listener for privacy information.
4/15/2024 • 12 minutes, 29 seconds
Under the Radar: Patents in a Snap - Innovation intelligence unicorn Patsnap’s Co-founder on global growth and Japan as a bright spot
Using technology to change the way people innovate from concept to commercialisation – that’s what we’re going to talk about today.
Founded in Singapore in 2007, our guest is called Patsnap – or the short form for the phrase “patents in a snap”.
The company’s products help businesses analyse competitor patents, identify the white space open for innovation, validate ideas, assess the patentability of ideas and more.
This is done by using AI-powered technology and machine learning to comb through billions of data sets – over 180 million patents and millions of pieces of literature and reports to be specific – to help innovators connect the dots.
Patsnap currently serves over 12,000 companies and organisations across 50 countries worldwide, including big players like Colgate-Palmolive, Xiaomi, Walt Disney, PayPal and even the University of Oxford.
It achieved its unicorn status in March 2021 after a US$300 million Series E round featuring notable investors such as SoftBank Vision Fund 2, Tencent Investment, Sequoia China, Vertex Ventures. But what is valuation looking like three years down the road and how does it intend to help early investors cash out?
Meanwhile, Patsnap is doubling down on expanding its suite of AI products, launching its AI assistant CoPilot early this year. But how far is CoPilot expected to contribute to the firm’s top and bottom lines?
The unicorn is also expanding rapidly in Japan, with an annual growth rate of over 100 per cent over the past two years – so what can we look out for on this front?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Guan Dian, Co-founder and APAC General Manager, Patsnap.See omnystudio.com/listener for privacy information.
4/15/2024 • 31 minutes, 22 seconds
Washington Report: Iran didn't heed Biden’s warning not to attack. Will Israel do the same?
Iran launched hundreds of attack drones and missiles at Israel late on Saturday, in what officials from Iran described as retaliation for the airstrike on the country's consulate in Syria nearly two weeks ago.
Now that the Middle East is on high alert with the threat of open warfare erupting between Iran and Israel, what is the risk of the US being dragged into it?
Dr John Donaldson, Associate Professor of Political Science, School of Social Sciences, Singapore Management University weighs in.See omnystudio.com/listener for privacy information.
4/15/2024 • 12 minutes, 48 seconds
JUST IN: DPM Lawrence Wong to take over from PM Lee on May 15
Singapore will have a new prime minister on May 15, with Deputy Prime Minister Lawrence Wong set to take over from Prime Minister Lee Hsien Loong on that day.The date for the handover was announced in a statement from the Prime Minister’s Office on April 15, a key detail in Singapore’s long-planned leadership transition from the third-generation to the fourth-generation (4G) political team. After he is sworn in at 8pm on May 15 at the Istana, DPM Wong, who entered politics 13 years ago, will be Singapore’s fourth prime minister.
READ MORE:https://www.straitstimes.com/singapore/politics/dpm-lawrence-wong-to-take-over-from-pm-lee-on-may-15See omnystudio.com/listener for privacy information.
4/15/2024 • 3 minutes, 3 seconds
Sports Minutes: How this 70-year old is redefining active ageing!
Richard Wee’s journey from the regional head of a multinational corporation to now a full time BJJ volunteer trainer at Evolve is as unconventional as it gets. Stumbling into the martial arts scene at age 55, he earned his blackbelt aged 67. He now volunteers at Evolve’s FUNFIT programme which looks to support less privileged youths through MMA. Inspiring, much? Tune in to find out more!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
4/12/2024 • 15 minutes, 3 seconds
Culture Club: From a hobby to satisfy his wife's love for steak to a business
Steak is king. Steak is what other meat wishes it could be. Since its launch in October 2020, ASAP & Co. has established its F&B business as a steakhouse, specialising in the most basic and primitive way to enjoy a quality steak, namely, a mouth-watering combination of award-winning beef that is dry-aged and then smoked to perfection.
Isrudy Shaik, Founder of ASAP & Co. share more. See omnystudio.com/listener for privacy information.
4/12/2024 • 12 minutes, 41 seconds
Market View: Tamer US PPI; Gold hits record high; SG GDP grows 2.7% yoy in Q1; MAS stands pat at Apr’s monetary policy; BOK kept rates steady after election setback; Jardine C&C’s new non-executive independent director; Sabana Reit on requisitions for third EGM; Singtel, Viettel on new submarine cable system
Singapore shares opened muted this morning, following data released on economic growth as well as the central bank’s move to stand pat on its monetary policy settings.
In early trade, the Straits Times Index (STI) rose 0.04 per cent to 3,228.76 points after 45.2 million securities changed hands in the broader market.
In terms of companies to watch, we have Jardine Cycle & Carriage. The conglomerate said that Jean-Pierre Felenbok will join the company’s board from Apr 29 as a non-executive independent director.
Meanwhile, from more on tamer US producer price inflation to gold hitting a record high today, more international headlines remain in focus.
On Market View, The Evening Runway team unpacked the developments to watch for the day.See omnystudio.com/listener for privacy information.
4/12/2024 • 9 minutes, 45 seconds
Why It Matters: The future of customer service through AI conversations
Generative AI has been shown to boost customer service productivity. In fact, 94% of business leaders surveyed in Deloitte’s State of AI in the Enterprise, 5th Edition, agree that AI is critical to success over the next five years.
The question is, how should companies deploy AI to derive the greatest value and create personalised multichannel customer journeys at scale?
Simon Ma, Director & Regional Manager, ASEAN, Freshworks weighs in. See omnystudio.com/listener for privacy information.
4/12/2024 • 12 minutes, 31 seconds
Weekly Wrap Up: Unit prices for The Residences at W Singapore Sentosa Cove slashed by over 40%, is it worth your consideration?
Unsold units at The Residences at W Singapore Sentosa Cove will be up for sale at more than 40 percent off their initial 2010 launch price. Cityview Place Holdings will be releasing 58 units for sale on April 15, with prices starting from $1,648 per square foot.
But will this move however result in rapid sales for those vacant units? Is a unit there worth your investment?
Nicholas Mak, Chief Research Officer, Mogul.sg shares his views. See omnystudio.com/listener for privacy information.
4/12/2024 • 13 minutes, 14 seconds
Sports Minutes: The event that has tempted Joseph Schooling 'out of retirement'!
What has tempted Singapore's newly retired Olympic champion Joseph Schooling out of retirement? It's the Singapore T100, which returns to Marina Bay for the second year. Tune in as Sam Renouf, CEO of the Professsional Triathletes Organisation, tells us all about what we can expect at the event happening in the hear of the Lion City this weekend!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
4/11/2024 • 12 minutes, 35 seconds
Market View: US March CPI comes in hot, Impact on JPY and Asian equities; CDL’s subsidiary selling 58 units of The Residences at W Singapore Sentosa Cove; Fraser Property expects significant fall in 1H profits; China’s CPI barely increased; Foxconn reportedly considering rotating chief executive system; Adobe reportedly begun procuring videos to build AI text-to-video generator
Singapore stocks were pulled into negative territory today, tracking a Wall Street retreat after US inflation data topped estimates, dashing hopes for near-term rate cuts by the US Federal Reserve.
In early trade, the Straits Times Index (STI) headed down 0.9 per cent to 3,209.41 points, after 92.8 million securities changed hands in the broader market.
In terms of companies to watch, we have City Developments Ltd. That’s as the property developer’s subsidiary Cityview Place Holdings said it will be selling 58 units of The Residences at W Singapore Sentosa Cove this month.
Elsewhere, from the impact of a hotter-than-expected US March inflation report on Asian markets, to Adobe purchasing videos to build its artificial intelligence text-to-video generator, more international and corporate headlines are in focus.
Also on deck – China’s March inflation numbers.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
4/11/2024 • 17 minutes, 11 seconds
Why It Matters: A genetic disorder that can lead to early heart disease, even in 10-year-olds
High cholesterol levels increase the risk of heart disease, which can be managed with exercise and healthy dietary choices.
But, for people with familial hypercholesterolemia, a condition which affects 1 in every 200 people, managing the condition is not so straightforward.
What is familial hypercholesterolemia, and how can you detect and manage the condition early?Dr Michael MacDonald, Senior Consultant Cardiologist from the Harley Street Heart Centre weighs in. See omnystudio.com/listener for privacy information.
4/11/2024 • 9 minutes, 19 seconds
Euro Watch: How the EU wants to reshape its asylum system. Will it solve Europe's migrant crisis?
After years of negotiations, the European Parliament has approved a major reform tightening the EU's migration and asylum rules.
This "migration pact" provides for tighter control of migrant arrivals into the EU, and the introduction of a solidarity mechanism between EU member states concerning the distribution of refugees.
What exactly is in the text? What changes would it bring to European migration policy?
Dr Samir Puri, Associate Fellow, UK in the World Programme, Chatham House weighs in.See omnystudio.com/listener for privacy information.
4/11/2024 • 16 minutes, 53 seconds
Under the Radar: From making activewear for Under Armour, Puma and The North Face to becoming an investment holding firm - What’s next for Sing Lun Holdings post merger of apparel business with HK’s Crystal International Group
We’re going to bring you an inside look into a local apparel maker turned investment holding firm.
Founded in 1951, Sing Lun started as a textile trading firm along Circular Road and has seen its business transform over the decades.
For one thing, the firm expanded into apparel manufacturing in 1968 when the second generation owners took over.
Over the years, Sing Lun evolved to become the manufacturer for top outdoor and sportswear brands such as The North Face, Puma and Under Armour. And its annual revenue – a whopping US$185 million as at 2016.
But as people say, change is the only constant, and Sing Lun has yet changed once again.
It merged its textile manufacturing business SL Global with Crystal International Group in Hong Kong in 2016 to become the second largest apparel manufacturer in the world.
Today, Sing Lun Holdings is known as a privately-owned investment holding company with business interests worldwide. Its portfolio includes three main verticals: real estate holdings, industrial and business services and investments and private equity.
But what were the reasons behind the move to divest SL Global and what does the divestment of its apparel manufacturing mean for the firm? What is the firm focusing on next?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Mark Lee, CEO, Sing Lun Holdings.See omnystudio.com/listener for privacy information.
4/11/2024 • 33 minutes, 28 seconds
Why It Matters: From lawyer to BJJ trainer, how professional career has played into shaping passion for BJJ
Our guest had a childhood love for sports, which drove him to pursue a degree in physical education and to pick up Jiu Jitsu. However, with family expectations weighing heavy on him, he found himself in law school just two years later.
However his heart remained loyal to Jiu Jitsu through it all, despite pursuing a career path that was certainly “more stable”, but never “felt natural”.
Professor Gamal Hassan, Ex-Lawyer, World Champion & BJJ Trainer, Evolve shares more about his journey from a lawyer to getting his black belt. See omnystudio.com/listener for privacy information.
4/9/2024 • 14 minutes, 53 seconds
Market View: US March inflation expectations; Trump Media & Technology Group down as much as 12% on Mon; Seatrium, Global Invacom registered losses for three straight years; Competition among SG, US, HK, London to attract IPOs; Cordlife on cryogenic storage tanks at risk of being affected by temperature excursions
Singapore equities started trading in positive territory today after global markets ended mixed overnight.
In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,224.06 points after 34.7 million securities changed hands in the broader market.
In terms of companies to watch, we have Seatrium and Global Invacom. Both companies today filed notices that they each registered three consecutive years of losses based on audited full-year consolidated accounts.
Elsewhere, from competition for IPOs within major stock exchanges around the world to a lookahead to US inflation numbers – more international headlines remain in focus.
Also on deck – how Donald’s Trump’s media and technology firm the Trump Media & Technology Group fell as much as 12 percent yesterday.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund.See omnystudio.com/listener for privacy information.
4/9/2024 • 14 minutes, 17 seconds
Why It Matters: Singaporeans not getting a good night's sleep, can we do something about it?
All of us know that getting a good night’s rest is essential for physical and mental health, well-being, productivity and overall quality of life. Yet, it remains a dream more than a reality for many in Singapore.
According to the 2023 Wellness Survey by OSIM, a staggering 95 percent of respondents suffered from poor sleep quality regardless of how long they slept each night. So why are Singaporeans not getting a good night's sleep?
Liza Yao, Head of Branding & Strategic Marketing, OSIM International tells us more.See omnystudio.com/listener for privacy information.
4/9/2024 • 9 minutes, 57 seconds
China Perspective: Janet Yellen wraps up visit to China, did she cause a stir?
From highlights from US Treasury Secretary Janet Yellen six day visit to China to Russia showing interest in being part of China’s Belt and Road plans in Central Asia.Chong Ja Ian, Associate Professor of Political Science, NUS & Non-Resident Scholar, Carnegie China gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
4/9/2024 • 7 minutes, 20 seconds
Sports Minutes: The plot thickens as Liverpool drop points to Manchester United in their hunt for the title!
Manchester United maybe having a season to forget, but maintained their unbeaten run against Liverpool this season. In 3 matches, 2 in the league and 1 in the FA Cup - the Red Devils have denied their arch rivals on all three occasions with Klopp's team only having a solitary point to show for their efforts. Could the latest drop points be the most pivotal, with Liverpool losing ground in the hunt for the crown?
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
4/8/2024 • 14 minutes, 7 seconds
Culture Club: The effectiveness of influencer marketing, tackling scepticism around it
A decade ago, the influencer marketing arena was limited only to celebrities and a few dedicated bloggers. Now, social media influencers have risen and saturated the market. And while their followings may vary in size, these influencers pack a punch.
Sky Lim, Regional Business Director, X10 Media shares more about how the influence marketing scene has changed up over the years and his personal story of building the company. See omnystudio.com/listener for privacy information.
4/8/2024 • 12 minutes, 28 seconds
Market View: US March Nonfarm Payrolls up 303,000; Lookahead to US Corporate Earnings; Keppel’s first close for its sustainable urban renewal fund; Straits Trading sells industrial property in South Australia; AMRO on China’s growth, sensitivity of Asian growth to China; HSBC engages over 200 overseas funds to establish presence in India ahead of India's entry into global debt indexes; Luckin Coffee, Cotti Coffee vs Starbucks Coffee in China
Singapore stocks were little changed at the opening bell this morning, following mixed results in US and European markets.
In early trade, the Straits Times Index (STI) rose 0.03 per cent to 3,219.18 points after 61.3 million securities changed hands in the broader market. In terms of companies to watch, we have Keppel, after the global asset manager and operator achieved its first close for the Keppel Sustainable Urban Renewal Fund.
Elsewhere, from more on the Asean+3 Macroeconomic Research Office’s forecast of growth in China and across Asia, to a lookahead of the new US corporate earnings season, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
4/8/2024 • 16 minutes, 29 seconds
Why It Matters: Combating cybersecurity risks 'differently'
Singapore is leaving other countries in the dust when it comes to cybersecurity preparedness, according to a new government survey. However, according to the Cyber Security Agency of Singapore, companies across 23 industries still had gaps and security breaches despite robust adoption of key cybersecurity measures.
So what are the most critical issues faced in Singapore today? And how is Tanium helping companies combat cybersecurity issues 'differently’?
Jeremy Hatfield, Global SVP of Technical Account Management and Enterprise Services, Tanium tells us more. See omnystudio.com/listener for privacy information.
4/8/2024 • 9 minutes, 45 seconds
Washington Report: First US-Japan-Philippines summit in April. How will China react?
United States President Joe Biden will host Japanese Prime Minister Fumio Kishida and Philippine President Ferdinand Marcos Jr for a summit in Washington on April 11.
The first-of-its-kind gathering by the US and its two Asian allies is part of Biden’s strategy to stitch together existing bilateral alliances into broader “mini-laterals” to amplify US influence in Asia.
How exactly is the US looking to upgrade its operations in East Asia? What message does the wave of US trilaterals send to China?
Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College weighs in.See omnystudio.com/listener for privacy information.
4/8/2024 • 11 minutes, 28 seconds
Under the Radar: Singtel and Grab-backed digital bank GXS on increasing the stickiness of savers, regional progress and business projections
Today we’re going to talk about a digital bank that is backed by two of Singapore’s technology and telecommunications powerhouses Grab and Singtel.
You might have guessed by now that we’re talking about GXS Bank. Launched in August 2022, GXS was positioned to address the pain points of Singapore’s underserved consumers such as gig economy workers, self-employed entrepreneurs and early jobbers in meeting their saving goals.
GXS said this was done through its products offerings such as daily interest crediting which was new to the industry at the time, helping its consumers, who may be more cash-strapped with their cash flows.
The bank started out two years ago by targeting users across the Grab and Singtel ecosystem, which rounded up to a potential market of about 3 million customers here in Singapore.
Its products, like its flagship savings account, were also only limited for selected Grab and Singtel customers, with a deposit cap of S$5,000 due to regulatory reasons.
The product, however, was opened up to new customers in July 2023 and the cap was also raised after a review by authorities.
So how far has that bolstered GXS Bank’s customer acquisition, and levelled the playing field between digital banks and traditional players? Also – how far has its positioning reaped financial benefits?
Meanwhile, Grab had in January this year injected S$145.1 million into GXS Bank. Both Grab and Singtel are also set to put in a further S$229.5 million into the digital bank in Q3 this year. But what were the reasons behind the move and how does GXS Bank intend to use the money?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Muthukrishnan Ramaswami, Group Chief Executive Officer, GXS Bank.See omnystudio.com/listener for privacy information.
4/8/2024 • 23 minutes, 14 seconds
Why It Matters: Navigating Singapore's tech talent landscape in 2024
In today's digital age, the demand for tech talents is skyrocketing, especially in thriving tech hubs like Singapore. However, navigating the hiring process in such a competitive market can be challenging. What are the critical strategies for navigating the tech talent shortage in Singapore?
Dinesh Varadharajan, Chief Product Officer, Kissflow weighs in.See omnystudio.com/listener for privacy information.
4/8/2024 • 11 minutes, 40 seconds
Why It Matters: Is AI companionship good for mental well-being?
From chatbots to virtual partners, AI companions are becoming increasingly popular among users seeking connection in an increasingly digital world. And yet, the rise in AI companionship also poses ethical questions and concerns about the impact these apps have on human interaction.
Max Giammario, CEO & Co-Founder of MetaPals shares more industry insights on AI companions as a means to enhance mental well-being.See omnystudio.com/listener for privacy information.
4/7/2024 • 12 minutes, 29 seconds
Sports Minutes: Ray Parlour on Arsenal's title push, Arteta's brilliance and Rice's impact
With the Premier League title race on a knife edge heading into the final stretch, what will set the contenders apart from the pretenders? Well we're in conversation with ex-Gunner Ray Parlour, who is in Singapore for the SCC Soccer 7s, to find out what it takes to cross the finish line and emerge champions!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
4/5/2024 • 11 minutes, 47 seconds
Market View: Samsung Electronics expects Q1 operating profit to jump over 10 fold yoy; Yellen visits China, concerns over China’s overproduction; Elon Musk gives away free blue checkmarks on ‘X’; Singapore’s Feb retail sales; GuocoLand and CDL on land bids, developer’s appetite to replenish land bank; Construction of MBS project targeted to complete by Jul 2029
Singapore shares fell at the opening bell this morning despite broader regional gains, tracking overnight losses in the US market.
In early trade, the Straits Times Index (STI) shed 0.8 per cent to 3,209.11 points after 62.9 million securities changed hands in the broader market.
In terms of companies to watch today, we have GuocoLand. Its joint venture with Hong Leong Holdings is the sole bidder for an Upper Thomson Road plot in the latest state tender that closed yesterday.
Elsewhere, from Samsung Electronics expecting a 10-fold rise in Q1 profit to Elon Musk now giving out the coveted blue checkmarks to users on social media X for free, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
4/5/2024 • 13 minutes, 5 seconds
Culture Club: Why third culture cuisine is more than just a trend
What you eat defines who you are; it creates your identity. Our guest, at the age of six, arrived in Australia and grew up immersed in the multicultural energy of Sydney.
His interest in cooking was inspired by the great international chefs he had studiously read about. And now he has opened Quenino by Victor Liong (QVL) located at Artyzen Singapore hotel.
Victor Liong, Chef & Creative, Quenino by Victor Liong tells us more about Quenino and the term 'third culture cuisine' See omnystudio.com/listener for privacy information.
4/5/2024 • 12 minutes, 50 seconds
Sports Minutes: Why the SCC Soccer 7s is the place to be at this weekend!
Celebrating a milestone 30th edition, the SCC Soccer 7s organized by the Singapore Cricket Club is happening from 5 to 7 March at the Padang. Featuring Premier League legend Ray Parlour & Patrik Berger, the 7-a-side football tournament will see a host of SPL Teams and regional teams in action! So why should you make time to go check it out? We speak to Guo Guang Chang, 2024 SCC Soccer 7s Chairman to find out!
Got a story to tell? Get in touch with [email protected] | [email protected]
See omnystudio.com/listener for privacy information.
4/4/2024 • 12 minutes, 3 seconds
Market View: Gold surges to record high on Fed Chair Jerome Powell’s comments; Google reportedly considering charging for new AI-run, “premium” features; TikTok Shop and Tokopedia complete system integration; Cromwell E-REIT’s divests property in Poland; Best World Intl propose to cancel shares
Singapore stocks inched up at the opening bell today, following mixed overnight results in US and European markets.
In early trade, the Straits Times Index (STI) rose 0.5 per cent to 3,238.13 points after 35.6 million securities changed hands in the broader market.
In terms of companies to watch, we have Cromwell European REIT, after the Reit divested a non-core office property in Poland for 15.9 million euros (S$23.1 million).
Elsewhere, from Google considering charging for new “premium” features run by artificial intelligence to Tokopedia and TikTok Shop completing backend integrations as per merger requirements to operate in Indonesia, more corporate and international headlines are in focus today.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
4/4/2024 • 14 minutes, 55 seconds
Culture Club: What Is vacation ownership, its advantages
Are you a frequent traveller? Or maybe you are one of those who fancies a last minute trip as and when you feel like it. If you fall under that category, vacation ownership might just be for you!
Vacation ownership is a great way to travel how you want. It is the concept of owning a portion of a resort with the right to use the unit or points you own.
Barry Robinson, President and Managing Director, International Operations, Travel + Leisure Co. tell us more. See omnystudio.com/listener for privacy information.
4/4/2024 • 10 minutes, 57 seconds
Under the Radar: Behind your Burritos – Guzman Y Gomez Singapore on the role of Singaporean market, consumer appetite, possible impact of firm’s IPO on franchisees
We’re going to talk Mexican today as we speak to the master franchisee of one of the world’s fastest growing fast food chains, Guzman Y Gomez, here in Singapore.
While the brand sells Mexican food, it was actually founded by two New Yorkers who were in Australia back in 2006!
The duo were missing Mexican cuisine they grew up with in the US, and hence decided to build a restaurant business by marrying fast food and Mexican food.
Fast forward to today, Guzman Y Gomez now has a presence across four markets, Singapore, Japan, Australia and the US, wrapping 450 to 500 burritos every hour and using 1.9 million kilograms of avocados a year in Australia alone.
In particular, Singapore was the first international market that Guzman Y Gomez expanded into. It was done through a master franchisee. The country now boasts 15 Guzman outlets and one Guzman Grab kitchen.
But what are the opportunities here in Singapore? And how will Guzman Y Gomez’s master franchisee here support the firm’s wider ambitions to open over 40 restaurants globally each year?
Meanwhile, Guzman Y Gomez has recently taken its plans to go public on the Australian Stock Exchange off the shelves amid the current economic environment.
But what will such major moves at a corporate level influence its franchisees like the master franchisee here in Singapore?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Josh Bell, Master Franchisee and General Manager, Guzman Y Gomez Singapore.See omnystudio.com/listener for privacy information.
4/4/2024 • 26 minutes, 22 seconds
Culture Club: What a “plug-and-play” concert hall looks like. how will it sets the stage for future concert experiences
Singapore has recently been abuzz with a certain pop star (Taylor Swift). With more and more international performers flying into our city, how is the island living up to its full entertainment potential?
What draws these performers to specific venues and what does a “dream concert venue” look like for both entertainment artists and attendees, now and in the future?
Ng Sim Lim, Vice President, Sales (Venues), Constellar tells us more.See omnystudio.com/listener for privacy information.
4/3/2024 • 11 minutes, 9 seconds
Regional Roundup: Thailand moves closer to legalising same-sex unions, will other countries in the region follow suit?
From an alleged ‘spy’ in Malaysia to Indonesia’s new capital Nusantara to Thailand moving closer to legalising same-sex marriage.
Adib Zalkapli, Independent Political Analyst gives us an analysis of those headlines and more.
See omnystudio.com/listener for privacy information.
4/3/2024 • 12 minutes, 11 seconds
Sports Minutes: Does Schooling's legacy deserve to be tarnished by drug scandal?
As the dust settles on Joseph Schooling's retirement announcement, we explore the legacy he leaves behind. How pivotal was his parents support in his successes? Will the lows of a drug scandal tarnish the highs of being Singapore's first and only Olympic champion? And will we ever see another Schooling? Former Singapore fencer Nicholas Fang weighs in.READ MORE:https://www.straitstimes.com/sport/letter-to-my-baby-joseph
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
4/3/2024 • 14 minutes, 12 seconds
Market View: Taiwan’s strongest earthquake in 25 yrs and impact on TSMC, UMC; Tesla Q1 deliveries tumbled, but take back top EV seller spot from BYD; Fed’s Loretta Mester, Mary Daly on rate cuts; Singtel denies media reports on Optus; Dyna-Mac secures contracts, net order book at record S$896m; Singapore’s manufacturing sentiment inched up in March
Singapore stocks opened weaker today following overnight losses on Wall Street, as Tesla and healthcare stocks weighed on the indexes.
In early trade, the Straits Times Index (STI) headed down 0.7 per cent to 3,224.2 points after 61.3 million securities changed hands in the broader market.
In terms of companies to watch, we have Dyna-Mac, after the offshore oil and gas contractor today said it secured several contracts that bring its total net order book to a record S$896 million, with project deliveries stretching until 2026.
Elsewhere from TSMC halting some chipmaking machinery amid the biggest earthquake to hit Taiwan in 25 years to US Federal Reserve officials’ comments on interest rates, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.See omnystudio.com/listener for privacy information.
4/3/2024 • 14 minutes, 52 seconds
Culture Club: The Initial Sama, it's more than just a co-living space in Singapore
More state-owned buildings in Singapore will be converted to co-living spaces, to meet the rising demand for such housing here. With that said, the Champions Way Residences heritage property at 26 Evans Road will soon have a new name and a new purpose. It will be called “The Initial Sama”, a co-living space managed by Cover Projects, a hospitality management company that was recently awarded the tender by the Singapore Land Authority.
Lim Keong Wee, Co-Founder and Director of Cover Projects shares more. See omnystudio.com/listener for privacy information.
4/2/2024 • 12 minutes, 51 seconds
Market View: Isetan Singapore soars as much as 150% on privatisation offer; UOB lowers rates on savings account; Australian shares hit all time high, investors mull RBA minutes; China’s Xiaomi surged on EV launch; FDI to China down to 23-year low; McKinsey offers some staff 9 months pay to leave company; Microsoft-backed Rubrik reveals US$354m net loss in IPO filing
Singapore stocks traded muted this morning, tracking the US market’s subdued performance.
In early trade, the Straits Times Index (STI) was flat, rising just 0.02 point to 3,234.91 points after 80.6 million securities changed hands in the broader market.
In terms of companies to watch, we have Isetan Singapore. It’s the hot stock of the day after news of Japan’s Isetan Mitsukoshi proposing to privatise mainboard-listed firm.
Elsewhere from shares of China’s Xiaomi surging as much as 16 per cent on the back of its electric vehicle launch last week, to Australian shares hitting an all-time high, more corporate and international news remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Kurt Mayell, Head of CMC Markets, Singapore.See omnystudio.com/listener for privacy information.
4/2/2024 • 15 minutes, 41 seconds
Why It Matters: Why is cybersecurity readiness declining significantly in Singapore amid rise of AI?
Cybersecurity has been a big theme for companies over the last few years, especially with the rise in AI and prevalence of hybrid work. But how ready are Singapore companies when it comes to this front? What more can Singapore companies do in their fight against cyber criminals?
Peter Molloy, Managing Director, Security, APJC, Cisco explains. See omnystudio.com/listener for privacy information.
4/2/2024 • 9 minutes, 28 seconds
Under the Radar: Refurbished tech gadget marketplace Reebelo’s APAC CEO on the firm growing gross merchandise value 12X over two years, role of APAC vs the US
Giving used tech-devices a new lease of life while reducing the amount of e-waste that ends up in landfills. That’s what we are going to talk about today.
Founded in 2019, Reebelo is one of the world’s leading marketplaces for refurbished tech devices and lifestyle products like smartphones, laptops and PCs as well as smartwatches.
It enables consumers to save up to 70 per cent on their favourite brands.
With a presence in major markets like Singapore, Hong Kong, San Francisco and Melbourne, the firm said in March last year that its gross merchandise value grew 12 times over the past two years, with global sales tripling in the year prior.
Apparently, the US was said to be a bright spot, making up a whopping 25 per cent of overall sales.
But what were the reasons behind the strong growth, and how far can that be attributed to global inflationary pressures and consumers tightening their purse strings?
What does it say about Reebelo’s ability to survive during periods of recession?
Meanwhile, data from Statista suggested the re-commerce market to have generated sales of US$139.6 billion in 2020, and expects this figure to grow to US$275.8 billion by 2028.
What does the doubling of market size in the US mean for Reeblo and how does the size of the market compare against Asia Pacific? What will be the key drivers of growth here in Asia then?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Hari Vijayarajan, CEO APAC, Reebelo.See omnystudio.com/listener for privacy information.
4/2/2024 • 31 minutes, 20 seconds
China Perspective: Why Taiwan's ex-president wants to promote peace in China
Former Taiwanese President Ma Ying-jeou is visiting China to help build social and cultural links on a trip that might include a meeting with Chinese leader Xi Jinping despite heightened tensions.
What will Ma achieve during his visit to China? Is this a chance to 'promote peace' as tensions fester between Beijing and Taiwan?
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs weighs in.See omnystudio.com/listener for privacy information.
4/2/2024 • 13 minutes, 37 seconds
Sports Minutes: Joseph Schooling on his decision to retire, the highs, the lows and the road ahead
Joseph Schooling announced his retirement aged just 28. Why, why now and what next for Singapore’s first and only Olympic champion? We speak to the man himself soon after he announced his decision to call it quits.
READ MORE:https://www.straitstimes.com/sport/joseph-schooling-it-s-my-turn-to-be-a-normal-guy
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
4/2/2024 • 11 minutes, 43 seconds
Why It Matters: How market intelligence can help with online sales growth
No secret that Southeast Asia's burgeoning e-commerce market is witnessing heightened competition due to the emergence of new platform contenders. And this also means that all brands are vying to provide the most attractive deals and competitive pricing.
So how can online businesses and brands operating on these e-commerce platforms maintain a competitive edge and captivate consumer interest?
Annie Yao, Head of Growth, Market Intelligence, Flywheel Southeast Asia tells us more. See omnystudio.com/listener for privacy information.
4/2/2024 • 13 minutes, 37 seconds
Sports Minutes: Squeaky bum time in the Premier League as Liverpool steal a march on Arsenal & City
Liverpool are now top of the Premier League after Manchester City's draw with Arsenal. With just 3 points separating the trio and 9 games to go in league, who will emerge victorious? We review the weekend of football on this episode!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
4/1/2024 • 13 minutes, 3 seconds
Market View: Powell on Feb PCE being ‘along the lines’ of what Fed wants to see; China’s CaiXin PMI; Swatch’s CEO on Chinese customers hesitating amid higher prices; SingPost’s new SG CEO; Keppel, Keppel Infrastructure Trust on Keppel Merlimau Cogen Plant; ComfortDelGro’s Metroline won contracts worth ~S$720m; Asia Pacific IPO momentum
Singapore stocks rose at the opening bell this morning, mirroring gains in US and European markets.
In early trade, the Straits Times Index (STI) gained 0.2 per cent to 3,230.62 points after 73.2 million securities changed hands in the broader market.
In terms of companies to watch, we have ComfortDelGro. Its subsidiary Metroline won contracts worth £422 million (S$719.8 million), to operate four public-bus franchises in the UK for five years.
Meanwhile, from more on how February’s US personal consumption expenditures price index influenced markets to Swatch buyers in China hesitating their watch purchases over higher prices - more international and corporate headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
4/1/2024 • 13 minutes, 5 seconds
Sports Minutes: How the JSSL 7s shaped the futures of the Fandis, Danelle Tan & even Gavin Lee
Asia’s Largest Youth Football Tournament, the JSSL 7s returns for it's landmark 10th edition with over 450 teams battling it out at 5 different locations across the island. Did you know the JSSL academy also laid the foundations for the likes of Ilhan, Ikhsan, Danelle Tana and even BG Tampines Rovers head coach Gavin Lee? Tune is as Harvey Davies, founder and Tournament Director of the JSSL 7s, tells us more!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
3/28/2024 • 13 minutes, 42 seconds
Culture Club: How Hilton is transforming hospitality careers for women
From leadership roles to groundbreaking innovations, women are undeniably transforming the face of the hospitality industry. Recognizing this, Hilton is dedicated to amplifying women's voices within its executive teams. Notably, women currently constitute 50% of the APAC executive leadership. The company is also on a promising path toward achieving its goal of increasing female GM representation across the APAC region.
Patsy Ng, Hilton’s Vice President for Human Resources in Asia Pacific shares more. See omnystudio.com/listener for privacy information.
3/28/2024 • 16 minutes, 8 seconds
Why It Matters: The link between migraines and hole in the heart
Did you know that nearly 10% of the population in Singapore suffers from migraines?
Emerging research now suggests a potential link between migraines and the presence of a hole in the heart, known as a patent foramen ovale (PFO).
More than half of all infants are born with a PFO, and in most cases, it closes on its own within the first few months of life. However, in some people, the ‘hole’ remains open.
Dr Rohit Khurana, Consultant Cardiologist, Harley Street Heart and Vascular Centre, Singapore explains. See omnystudio.com/listener for privacy information.
3/28/2024 • 15 minutes, 20 seconds
Euro Watch: How will Putin respond to the deadly Moscow concert hall attack?
Russia is still reeling from its deadliest terrorist incident in two decades. It is estimated that more than 130 people were killed and scores more injured in Friday's attack on Moscow’s Crocus City Hall concert venue.
The Islamic State group has said four of its members carried out the attack. Yet Russian officials, and state media, have largely ignored any Islamic State link, focusing almost exclusively on a possible Ukrainian connection.
What will Putin do next? And what does this all mean for Russia’s war with Ukraine? Dr Samir Puri, Associate Fellow, UK in the World Programme weighs in.See omnystudio.com/listener for privacy information.
3/28/2024 • 14 minutes, 21 seconds
Market View: US PCE index expectations; Protracted property downturn in China eats into balance sheet of state banks; Impact of Baltimore’s Francis Scott Key Bridge collapse on insurance premiums and shares of shipping counters; Amazon investing an additional US$2.75b in Anthropic; ESR Logos Reit, Banyan Tree and sustainability-linked loans; Seatrium’s trading halt, former executive charged with paying bribes to further business interests in Brazil
Singapore shares entered the morning session barely moved, as gains from travel and hospitality-related index counters clashed with a weaker showing from banks.
In early trade, the Straits Times Index (STI) edged up 0.03 per cent to 3,252.69 points after 35 million securities changed hands in the broader market.
In terms of companies to watch, we have ESR-Logos Reit, after its manager said today that it obtained a S$200 million sustainability-linked unsecured revolving credit facility agreement. Elsewhere from China’s protracted property downturn eroding the balance sheets of state banks to the monetary cost of the Baltimore bridge collapse to insurers and the impact on shipping lines – more international headlines are in focus.
Also on deck, Amazon is investing an additional US$2.75 billion in AI startup Anthropic.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
3/28/2024 • 15 minutes, 2 seconds
Under the Radar: CEO of ready-mix concrete innovation firm Pan-United Corporation on concrete demand for 2024 and the firm’s move to transform into a IP provider amid rising costs
It is all about the concrete that goes into the buildings we live, work and play in today!
Founded in 1958, our guest Pan-United Corporation is a Singapore-grown and publicly listed concrete innovation company that aims to catalyse change and promote sustainability in the ready-mix concrete and logistics space.
The company is one the largest producers of concrete here in Asia. The firm has a catalogue of over 300 specialised concrete solutions and serves a wide variety of industries such as aviation, underground, transport and more.
In particular, its range of over 150 low-carbon concrete products were used in iconic buildings and urban structures such as Jewel at Changi Airport, the Helix Bridge, Gardens by the Bay and even residential homes like the Pinnacles@Duxton and Reflections at Keppel Bay.
Its concrete solutions also moulded infrastructure such as the Tuas Mega Port, our MRT Lines – the Circle Line, Downtown Line and Thomson East Coast Line – as well as highways.
Why are we talking about Pan-United Corporation you might ask. Well, the firm had in February reported a net profit of S$20.4 million for the second half of its 2023 financial year ended December, up 107 per cent from the year ago period.
The performance came amid higher revenue, driven by the firm’s concrete and cement business. But how does the firm assess its latest performance and what will be its key drivers of growth?
Meanwhile, Pan-United Corporation also plans to transform its business model to become a solutions provider and sell its intellectual property in sustainable concrete – so what can we look forward to on this front?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to May Ng, CEO, Pan-United Corporation.See omnystudio.com/listener for privacy information.
3/28/2024 • 21 minutes, 34 seconds
Sports Minutes: Brave Lions beaten in China, so what next for Ogura?
Despite the Lions falling to a 4-1 defeat to China, the mood surround Singapore football is one of hope and optimism. This after new head coach Tsutomu Ogura made an encouraging start to his tenure. The points tally after two games maybe only be 1 point, but the performances have left fans with much encouragement. Are they right to feel that way, and what lies ahead for Ogura and co.? Deepanraj Ganesan, sports reporter with The Straits Times weighs in.READ MORE:https://www.straitstimes.com/sport/football/singapore-undone-by-controversial-penalty-in-4-1-loss-to-china-in-world-cup-qualifierGot a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
3/27/2024 • 14 minutes, 17 seconds
Market View: EU Digital Markets Act vs Apple, Google and Meta; McDonald to sell Krispy Kreme Doughnuts; Universal Music Group struck distribution deal with rights to Kpop Group BTS; Changes in UOB’s management; Yen slides to weakest level in ~34 years; Cordlife’s requisition notice from TransGlobal Real Estate Group, CFO arrested
Singapore stocks advanced at the opening bell this morning, following higher-than-expected growth in the city-state’s February factory output.
If you recall, data released by the Economic Development Board yesterday showed that Singapore’s factory output grew 3.8 per cent in February, exceeding private-sector economist estimates of 0.5 per cent.
In early trade, the Straits Times Index (STI) gained 0.5 per cent to 3,248.70 points after 34.8 million securities changed hands in the broader market.
In terms of companies to watch for today, we have UOB after the group announced two new appointments to its management team yesterday.
Elsewhere, from more updates on Cordlife to the EU’s probe into Apple Google and Meta – more corporate and international headlines are in focus today.
Also on deck – Universal Music, BTS, McDonald’s and Krispy Kreme!
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Jeremy Tan, CEO, Tiger Fund Management.See omnystudio.com/listener for privacy information.
3/27/2024 • 14 minutes, 58 seconds
Why It Matters: The consequences of data loss
Would you believe that 1 percent of users are responsible for 88 percent of data loss events? The latest findings from Proofpoint’s inaugural Data Loss Landscape report found an overwhelming 4 out of 5 organisations in Singapore experienced data loss in 2023.
The report also found that GenAI was also found to be the fastest growing area of concern. Tools such as ChatGPT, Google Gemini, and even Grammarly are so prevalent that more users are inputting sensitive data into these applications.
Jennifer Cheng, Director of Cybersecurity Strategy for Asia Pacific and Japan, Proofpoint shares more. See omnystudio.com/listener for privacy information.
3/27/2024 • 13 minutes, 53 seconds
Regional Roundup: Dr M's sons say their 98-year-old father is target of probe
From Dr Mahathir Mohamad’s two sons claiming they had been ordered to assist the Malaysian Anti-Corruption Commission (MACC) in an anti-graft investigation purportedly targeting their own father to Two candidates who lost in Indonesia's presidential race last month filing a court challenge after Prabowo Subianto victory.
Dr Mustafa Izzuddin, Senior International Affairs Analyst, Solaris Strategies Singapore gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
3/27/2024 • 10 minutes, 50 seconds
Sports Minutes: Do defenders get the credit they deserve?
With Ashley Cole becoming only the THIRD defender to be inducted in the Premier League Hall of Fame, we wonder...are defenders criminally underrated? And if so, who makes your list in terms of defenders (past & present) who have been overlooked?
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/26/2024 • 13 minutes, 16 seconds
Culture Club: Gamifying maths education
Did you know that 14 March is Pi Day, an annual celebration of the mathematical constant, 3.14?
Our guest is a dynamic educator who is making learning maths as easy as pie. He is not your average maths teacher but a gaming enthusiast who is transforming the educational landscape for his students.
A former game designer turned math tutor, he employs an adaptive teaching style that incorporates points systems and progression, showcasing his real-world game design expertise.
Jeremy Dong, Math Tutor, Math Nuggets tells us more. See omnystudio.com/listener for privacy information.
3/26/2024 • 12 minutes, 32 seconds
Market View: Singapore’s factory output up 3.8% yoy in Feb; Shares of Lum Chang down over 10%, MD David Lum attended interviews with CPIB; China’s battery manufacturer CATL doubles down expansion; US Consumer Confidence, PCE Price Index expectations; Jerome Powell vs Raphael Bostic on rates; Donald Trump one of world’s 500 richest people
Singapore stocks opened muted this morning after data for Singapore’s headline and core inflation in February came in hotter than anticipated.
Figures released yesterday showed that headline inflation for February climbed to 3.4 per cent year on year, up from 2.9 per cent in January.
In terms of companies to watch, shares of Lum Chang fell more than 10 per cent this morning after the company revealed that its managing director, David Lum, had “attended several interviews” with the Corrupt Practices Investigation Bureau (CPIB) to assist on the latest charges filed against Singapore’s former transport minister S Iswaran.
Elsewhere, from Singapore’s latest factory numbers to the founder of China’s battery manufacturer CATL pressing ahead with expansion amid slowing EV sales globally – more local and international headlines remain in focus.
Also on deck – Donald Trump!
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with James Cheo, Chief Investment Officer, Southeast Asia and India at HSBC Global Private Banking and Wealth.See omnystudio.com/listener for privacy information.
3/26/2024 • 11 minutes, 49 seconds
Why It Matters: Tax scams 2.0, new wave of tech-enabled tax scams
According to the CrowdStrike 2024 Global Threat Report, eCrime, which includes identity-related scams, was the most pervasive cyber threat landscape last year.
And with the tax paying season around the corner, so are scammers and cybercriminals. While targeting consumers has been the norm in recent years, this year cybercriminals are going a step ahead to even target tax professionals.
Scott Jarkoff, Director of Intelligence Strategy, CrowdStrike shares more. See omnystudio.com/listener for privacy information.
3/26/2024 • 13 minutes, 27 seconds
Under the Radar: Using sound recognition to protect the elderly – Soundeye on working with nursing homes, government agencies and growth in ageing economies
This is a conversation you would want to listen to especially if you have an elderly family member at home.
Started as a R&D team consisting of a group of engineers from the Agency of Science, Technology and Research (A*STAR), Soundeye is a social enterprise that uses sound recognition and radar sensors to detect abnormal events such as when an elderly member gets up out of bed or stands up from a wheelchair.
More notably, the startup aims to detect falls and calls for help without the use of CCTVs to ensure privacy.
The firm currently serves clients within and out of the elderly market, including the Thye Hua Kwan Nursing Home, the Bishan Home, the Cerebral Palsy Alliance Singapore, and even the Changi Airport Group.
It recently completed a number of projects related to surveillance and bed exit monitoring in a nursing home in Japan.
Meanwhile, Soundeye is part of the Sustainable Impact Accelerator Programme by raiSE and Quest Ventures. It also works closely with government agencies here in Singapore, and has secured subsidies for up to 80% of its projects as of last May, based on a report by Krasia.
But what is the strategic value of working with this group of players and how does the firm intend to rapidly scale up its business?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Yeow Kee Tan, Chief Executive Officer, Soundeye.See omnystudio.com/listener for privacy information.
3/26/2024 • 28 minutes, 24 seconds
China Perspective: US, UK accuse China of cyber attacks on politicians and companies
From the US and UK imposing sanctions on China after various cyberattacks to the International Monetary Fund urging Beijing to embark on pro-market reforms.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headline and more. See omnystudio.com/listener for privacy information.
3/26/2024 • 10 minutes, 28 seconds
Sports Minutes: Ferrari flourish in Australia, while Mercedes continue to meander towards mediocrity
F1 needed a feel-good story after a tumultuous start to the season off track and Red Bull's continued domination on it, and Carlos Sainz and Ferrari certainly provided it in Australia. Overcoming an appendix surgery the Spaniard put in a smooth operation to seal a memorable day down under. And while Ferrari flourished, Mercedes continue to meander....we review it all on this episode!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/25/2024 • 13 minutes, 47 seconds
Culture Club: Cultivate confidence: Redefining the future of work
Leading a team is no easy task. Just look at some of the most inspiring leaders, despite their hard work, there is something so inspiring about a leader that empowers their team.
Good leaders are self-aware, communicate effectively, delegate work, encourage strategic thinking, and motivate the team to do their very best.
Our guest is the Vice President and General Manager for APAC and Japan for Boomi a software company that specialises in integration platform as a service.
So what style of management philosophy does he employ in his current position?
Thomas Lai, Vice President and General Manager for Asia Pacific and Japan, Boomi shares more with us. See omnystudio.com/listener for privacy information.
3/25/2024 • 13 minutes, 10 seconds
Market View: Singapore’s headline inflation rose to 3.4% yoy in Feb; Sabana Industrial REIT establishes internalisation committee; Cordlife tabling seven ordinary resolutions at general meeting; Best World to delist from SGX; Taylor Swift vs UOB card billings; China to treat foreign companies like domestic peers; Japan’s ambition to become a major financial hub
Singapore stocks were trading muted this morning, following subdued performances in global markets.
In early trade, the Straits Times Index (STI) fell 0.01 per cent to 3,217.52 points after 92.9 million securities changed hands in the broader market.
In terms of companies to watch, we have Sabana Industrial Real Estate Investment Trust, after the Reit’s trustee established an internalisation committee including several employees from activist investor Quarz Capital.
Meanwhile, from Cordlife tabling seven ordinary resolutions at its next general meeting to Best World announcing its intention to delist from the Singapore Exchange, more corporate headlines remain in focus.
Also on deck – how Swiftonomics boosted card billings at UOB by 35 per cent on the week during Taylor Swift’s The Eras Tour here in Singapore.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
3/25/2024 • 16 minutes, 16 seconds
Why It Matters: 'Rebuilding Loyalty', how Gen Z and millennials are set to spark luxury revolution in Asia
Approximately US$2.5 trillion is expected to be transferred to the next generation by around 70,000 high-net-worth individuals in Asia-Pacific (APAC) over the next decade. And Millennials and Gen Z are projected to dominate 70 percent of the global luxury market spenders by 2025.
So how will this set to impact the region’s luxury retail landscape and consumer spending behaviour?
Jess Tang, Senior Consultant of APAC, WGSN tells us more. See omnystudio.com/listener for privacy information.
3/25/2024 • 10 minutes, 36 seconds
Washington Report: Wild week for Trump, what to expect
From Donald Trump's looming $454 million fraud judgement deadline to the US' aviation scene in trouble.
Dr John Donaldson, Associate Professor of Political Science, School of Social Sciences, Singapore Management University gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
3/25/2024 • 13 minutes, 6 seconds
Sports Minutes: Singapore show signs of renewed belief to steal a point against China
Singapore put up a rallying performance, on head coach Tsutomu Ogura's debut, to come from two goals down to salvage a 2-2 draw against China - securing their first point in the 2026 World Cup Qualifying campaign. Buoyed by close to 30-thousand in attendance at the Singapore Sports Hub, the Lions heeded the call of duty to leave fans feeling optimistic. So what was good, what was bad and what could be better? We speak to Deepanraj Ganesan, sports reporter with The Straits Times, to find out!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/22/2024 • 12 minutes, 39 seconds
Market View: US data on jobless claims, manufacturing PMI, sales of existing homes weigh on markets; Marco Polo Marine’s subsidiary inks agreement with Siemens Gamesa; Four Cordlife Group’s directors and former CEO arrested; No Signboard sell trademarks, to rebrand; Alibaba Group raises US$357.8m through sale of Bilibili securities; Cathay Pacific, IndiGo and the reshuffle in the aviation industry
Singapore stocks opened weaker this morning, despite overnight gains in US and European markets.
In early trade, the Straits Times Index (STI) fell 0.2 per cent to 3,215.3 points after 40 million securities changed hands in the broader market.In terms of companies to watch today, Marco Polo Marine. The shipyard and marine logistics company yesterday said that its Taiwanese subsidiary, PKR Offshore, has secured the Asia-Pacific Crew Transfer Vessel framework agreement with wind-turbine manufacturer Siemens Gamesa.
Elsewhere, we’ll also look at the latest data out of the US and how that has influenced the recent optimism surrounding the Federal Reserve’s resolve to lower rates this year.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
3/22/2024 • 13 minutes, 19 seconds
Under the Radar: Ad-tech unicorn Moloco on its US$2b valuation, growth drivers and business risks amid data protection trends and tech crackdowns
Using the power of machine learning to help companies optimise the Return on Investment of their digital marketing strategies – that’s what we are talking about today.
Founded in 2013 by a group of former Google engineers, our guest is Silicon Valley based ad-tech unicorn Moloco. The company offers performance marketing solutions that help businesses maximise their advertising spend on mobile apps.
For one thing, Moloco’s demand side platform allows advertisers to purchase targeted ads on over 2 million apps automatically using a machine powered system, diversifying beyond the big players like Google and Meta.
Aside from helping individual advertisers place their ads and improve the outcomes of their media campaigns, Moloco also helps companies like online marketplaces build their own advertising business.
This is done by automatically assigning personalised ads based on real time user activity, with the ability to serve 20,000 advertisers in a day.
More recently, the firm also came out with an advertising solution for Over the Top (OTT) and streaming businesses to set up their own advertising business focused on outcomes.
The company had in July last year welcomed Fidelity Management & Research Company and Singapore’s EDBI as its shareholders through secondary share transactions.
The transactions put Moloco at a whopping US$2 billion, 40 per cent higher than its valuation of US$1.5 billion in a 2021 Series C round. But what were the drivers behind the big numbers?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Nikhil Raj, Chief Business Officer of Retail Media, , Moloco.See omnystudio.com/listener for privacy information.
3/22/2024 • 30 minutes, 56 seconds
Sports Minutes: Who is your ALL-TIME favourite Singapore footballer?
What defines an all-time great? Trophies? Goals? Clean sheets? Well in conjunction with the Football Association of Singapore, Sports Minutes conducted a special contest to garner the peoples' choice when it comes to that age old question....Who is your all-time favourite footballer? Tune in as we take a trip down memory lane!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/21/2024 • 15 minutes, 59 seconds
Why It Matters: Skills Singaporeans and businesses should prioritise in the AI boom
According to a report by LinkedIn - skills needed for a job here will change by a whopping 72% by 2030 as a result of greater AI adoption among businesses. To keep up with the trend, 92% of businesses are planning to focus on improving employees’ skills this year, while nearly half are looking to provide online training and development programs.
While the SkillsFuture scheme expands to better equip Singaporeans (especially those over 40), the new top-ups are focused on selected programs and uptake in recent years remains low.
So, how can Singaporeans take better control of their learning and employment prospects to keep up with the ever changing jobs market? ?
Suvig Sharma, Area Vice-President ASEAN, Confluent shares more. See omnystudio.com/listener for privacy information.
3/21/2024 • 13 minutes, 2 seconds
Euro Watch: What the Kate photo controversy is really about
From Catherine, Princess of Wales photo controversy to who will be Ireland’s next leader after Leo Varadkar stepped down.
Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
3/21/2024 • 13 minutes, 22 seconds
Market View: Fed Chair Jerome Powell on data vs bigger inflation story; Olam Agri’s offer to acquire Namoi Cotton; No Signboard’s controlling shareholders to sell shares; US on Microsoft Bing in China; Fashionistas sue Hermes in California over Birkin bags
Singapore shares rose at the opening bell this morning, following mixed results in global markets.
In early trade, the Straits Times Index (STI) rose 0.6 per cent to 3,197.77 points after 49.5 million securities changed hands in the broader market.
In terms of companies to watch, we have Olam Group. Its indirect 64.57 per cent-owned subsidiary, Olam Agri, has launched a non-binding indicative offer to acquire all shares in Australian cotton ginning company Namoi Cotton for some A$122 million (S$107.8 million).
Elsewhere from the US Federal Reserve sticking to its earlier projection of three rate cuts this year and comments by Fed Chair Jerome Powell on whether a strong labour market could derail its plans to cut rates, more international headlines are in focus.
Also on deck, fashionistas suing luxury brand Hermes for not selling them the iconic Birkin handbag without buying scarves, shoes and belts!
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
3/21/2024 • 14 minutes, 16 seconds
Sports Minutes: Ilhan Fandi on Ogura's impact ahead of Singapore's showdown with China
Having struggled for game time with his club side, Ilhan Fandi is relishing being back in the Lions' den. Under the tutelage of new head coach Tsutomu Ogura, there is renewed optimism ahead of Singapore's crucial WCQ clash against China. Will the off-pitch optimism equate to an uptick in on-pitch fortunes? Ilhan Fandi is certainly bullish as he spills the beans on Sports Minutes.
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/20/2024 • 14 minutes, 39 seconds
Culture Club: Is your kitchen renovation a good investment or a waste of money?
They say the kitchen is the heart of the home. But as Singaporean homes shrink every decade, how do you find the right balance between having a place that's functional but also a reflection of your personality?
Because the reality is this: spending more on renovations doesn't always mean a better outcome for the average Singaporean homeowner. So, is your kitchen renovation a good investment or a waste of money?
Xin Lin Woo, Brand Manager and Founding Member of FURNIC weighs in.See omnystudio.com/listener for privacy information.
3/20/2024 • 10 minutes, 37 seconds
Market View: US FOMC meeting, dot plot - does the Fed still expect 3 rate cuts this year?; Samsung Electronics’ shares surged the most in 6 months on news report on Nvidia buying its chips; CapitaLand Investment, Frasers Logistics & Commercial Trust’s bonds; Chinese banks maintained benchmark lending rates; Prudential reports 43% yoy rise in new business profit
Singapore equities advanced at the opening bell this morning, mirroring overnight gains on global markets.
In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,180.94 points after 84.7 million securities changed hands in the broader market.
In terms of companies to watch for today, we have CapitaLand Investment. The asset manager has raised one billion yuan (S$187.1 million) from its inaugural sustainability-linked “panda” bond, which comes with a three-year tenor and a fixed coupon rate of 3.5 per cent per annum.
Elsewhere from how markets are reacting ahead of the US Federal Reserve’s latest interest rate decision, and the odds of the Fed still expecting three rate cuts this year – more international headlines are in focus.
Also on deck – Chinese banks maintaining their benchmark lending rates after the central bank’s recent decision to stand pat on monetary policy.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Carl Ashton, Investment Counselor, Citi Private Bank.See omnystudio.com/listener for privacy information.
3/20/2024 • 14 minutes, 28 seconds
Why It Matters: Is working from home causing the biggest cybersecurity challenges for businesses?
It is obvious that cybersecurity is a fast-growing issue in today’s digital world. While it may not always be obvious, cyber attackers are constantly evolving their approach to penetrate the computer systems of enterprises and individuals alike.
Our guest has spent his career focused on the greatest threats to the US National Security, including weapons of mass destruction, terrorism, and global infectious disease but now he is in the world of cyber security.
Jeffrey Engle, Head of Product, BlueVoyant & President, Conquest Cyber shares personal experience and the biggest cybersecurity challenges for Asia’s business leaders today. See omnystudio.com/listener for privacy information.
3/20/2024 • 11 minutes, 37 seconds
Regional Round Up: Will going "Malaysia First" save the ringgit?
From Malaysia' finance ministry calling for a "Malaysia First" approach to strengthen their ringgit to Thailand wanting to ban recreational marijuana with a new cannabis bill.
Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
3/20/2024 • 15 minutes, 49 seconds
Under the Radar: Chipsafer’s quest to trace livestock and to prevent disease and Cattle theft
Improving the safety and security of livestock herds by ensuring traceability across the animal’s lifecycle. That is what we’re talking about.
Founded in 2013, our guest is Chipsafer, an internet-of-things company that offers real-time Cattle tracking solutions that captures useful data such as the current and historic health, the behaviour and the transaction information of livestock.
By understanding where animals are, how they are feeding, and how they are behaving, Chipsafer says farmers can isolate issues and prevent catastrophic loss of livestock due to disease outbreaks.
It could also better increase the efficiency and sustainability of operations. Aside from that, the firm also aims to tackle the issue of cattle theft, an issue prevalent in markets such as Kenya given that many farmers rear their animals in open-ranges that are susceptible to rustling.
With Markets and Markets estimating the agriculture internet to grow from US$11.4 billion in 2021 to US$18.1 billion by 2026, at a CAGR of 9.6 per cent during the forecast period (of 2021 to 2026), what opportunities does Chipsafer see in the space?
And are they mostly located within agricultural-based economies and can Chipsafer’s solutions be adapted for modern farmers within Asia?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Victoria Alonsoperez, Founder & CEO, Chipsafer.See omnystudio.com/listener for privacy information.
3/20/2024 • 25 minutes, 52 seconds
Culture Club: Singapore Yachting Festival 2024 sets sail in April
The Singapore Yachting Festival is set to return for the 25 to 28 April alongside the Southeast Asia Yachting Conference, both being held at ONE°15 Marina Sentosa Cove.
The 4-day event will showcase spectacular yacht displays and stunning entertainment, with about 70 boats, including many making their country and regional debuts this year. So, whether you’re a seasoned seafarer or a landlubber with a penchant for adventure, SYF 2024 promises an experience that will leave you awash in wonder.Jonathan Sit, Regional General Manager, Marina Division, ONE°15 Marina shares more. See omnystudio.com/listener for privacy information.
3/19/2024 • 8 minutes, 21 seconds
Market View: BOJ’s historic move to end negative rate policy; RBA rate decision, FOMC meeting expectations; SingPost’s strategic review; Singtel to launch GPU as a Service; Manulife US REIT manager’s change in leadership; Nvidia expands collaboration with BYD and other EV automakers
Singapore stocks were trading muted this morning, following mixed results in global markets.
In early trade, the Straits Times Index (STI) rose 0.01 per cent to 3,172.38 points after 140.4 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Singapore Post. The national postal service provider today announced the completion of its strategic review which was initiated in May 2023.
Elsewhere from the Bank of Japan’s historic move to end its negative rate policy, to Nvidia expanding collaborations with BYD and other Chinese automakers that are racing to build self-driving vehicles, more international and corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Oriano Lizza, Sales Trader, CMC Markets.See omnystudio.com/listener for privacy information.
3/19/2024 • 14 minutes, 37 seconds
Why It Matters: Addressing the challenge of access to therapy for the elderly in Singapore
Singapore’s recent budget announcement has placed the ageing society in Singapore as a key priority. And this means that the entire care ecosystem in Singapore must play its part in enhancing the accessibility and affordability of treatments, to ensure the elderly and their caregivers fulfil the promises of the Budget 2024.
Raman Singh, CEO, Juniper Biologics shares how his company is looking a making quality therapy accessible to our silver generation. See omnystudio.com/listener for privacy information.
3/19/2024 • 12 minutes, 9 seconds
China Perspective: Chinese in Singapore urged to ‘stay away’ from gambling, where is this warning coming from?
From the Chinese embassy urging its citizens in Singapore to ‘stay away’ from gambling to the US House of Representatives approving a bill that could force the app’s Chinese owner ByteDance to divest from the company. Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
3/19/2024 • 9 minutes, 4 seconds
Sports Minutes: The magic of the cup as Manchester United end Liverpool's quadruple hunt!
Manchester United kept their trophy hopes alive for this season and ended Liverpool's quest for four trophies with a dramatic extra-time victory in an FA Cup quarter-final. Amad Diallo was the match-winner right at the death, completing a memorable comeback to set up a semi-final clash against Coventry City. So did Manchester United win it, or did Liverpool lose it? We discuss!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/18/2024 • 14 minutes, 28 seconds
Culture Club: How entrepreneurs can make the best possible exits, strategic journey of selling off businesses
Selling your entire business is different from selling your shares. When you sell your business, the business’ existing assets and liabilities are taken over by the buyer and this is unlike a share sale where, save for the change of shareholder, there is no change in the owner of the business’ assets.
Our next guest sold his marketing and strategy business, he was thrilled with that until he found out the buyer would have paid 300 percent more.
Rob Follows, Founder and Chairman, STS Capital Partners shares his experience selling his business and how he is helping his clients in doing so now.See omnystudio.com/listener for privacy information.
3/18/2024 • 13 minutes, 11 seconds
Market View: Apple reportedly in talks to build Google’s Gemini AI engine in iPhone; Surprise 0.1% yoy drop in SG Feb NODX; STI movements, Dasin Retail Trust’s movements; Sats’ sale of Maytag Aircraft; UOL and SingLand sold 74% of Watten House; Some 90% of BOJ watchers see risk of officials ending negative rates; China’s industrial output up much faster than expected; Vinfast founder launches EV charging venture
Singapore stocks opened relatively unchanged this morning after data from Enterprise Singapore showed that the country’s non-oil domestic exports fell 0.1 per cent year-on-year in February, weighed down by a decrease in the non-electronics sector.
This represented a reversal from the previous month’s 16.7 per cent expansion and missed the 4.7 per cent median growth forecast by private-sector economists.
In terms of companies to watch, we have Sats, after the company said it has sold its ground handler unit Maytag Aircraft for an enterprise value of US$46 million.
Elsewhere, from more on UOL Group and Singapore Land Group to some 90 per cent of Bank of Japan watchers seeing the risk of authorities ending negative rates tomorrow, more corporate and international headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
3/18/2024 • 15 minutes, 48 seconds
Why It Matters: Understanding brand value, why are some companies forgetting this important aspect?
Curious about where branding trends are headed in 2024? Branding trends are constantly evolving alongside trends in fashion, interior design, pop culture, and general consumer taste.Knowing these trends gives a company the upper hand in communicating their products and services to the right customers. So wil we be seeing a shift towards authentic, no-nonsense branding and a heavy emphasis on an emotional connection to people in 2024?
David Haigh, Chairman & CEO, Brand Finance shares his views. See omnystudio.com/listener for privacy information.
3/18/2024 • 10 minutes, 45 seconds
Under the Radar: Applied Materials on navigating a challenging business operating environment; innovation, new machine and role of Southeast Asia
We’ve talked in depth about semiconductor makers on the show, and today we want to go one step further to look at the largest manufacturers of semiconductor equipment in the US.
With an annual revenue of US$26.52 billion, our guest Applied Materials is a leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world.
The chipmaking tool giant counts tech titans Intel and Samsung among its customers. It had in February reported first quarter revenue of US$6.71 billion, beating estimates, with China’s sales of US$3 billion accounting for 45 per cent of total revenue, up from 17 per cent seen a year ago.
But how does the firm assess the wider business environment given increasing US-China tensions and US curbs to export chipmaking equipment to China, and the increased adoption of innovative solutions like chiplets?
Meanwhile, Applied Materials had in 2022 announced that it is building a S$600 million plant here to expand its manufacturing and research operations with plans to further expand in the city state before the end of the decade. But what was the rationale behind the move?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Brian Tan, Regional President, Southeast Asia and Vice President, Applied Global Services, Applied Materials.See omnystudio.com/listener for privacy information.
3/18/2024 • 20 minutes, 29 seconds
Washington Report: Will the US ban TikTok? Who could buy the app from China’s ByteDance?
The US House of Representatives passed a Bill on March 13 that would give TikTok’s Chinese owner ByteDance about six months to divest the US assets of the short-video app used by about 170 million Americans or face a ban.
What will happen to TikTok if the US bans the app? Who will be the potential buyers lining up to take over the social media company? Could the ban fuel Meta's advertising dominance, and how will Google and YouTube also stand to benefit?
Pushan Dutt, Professor of Economics, INSEAD weighs in.See omnystudio.com/listener for privacy information.
3/18/2024 • 13 minutes, 17 seconds
Sports Minutes: Is this Southgate's final England shot, with Mourinho lurking?
England take on Brazil and Belgium at Wembley this month in the last fixtures before manager Gareth Southgate names his squad for Euro 2024. With some eye-catching inclusions and omissions, we assess the Three Lion's chances ahead of the showpiece event happening in June. Is this Southgate's final chance..especially with one Jose Mourinho lurking?
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/15/2024 • 14 minutes, 18 seconds
Culture Club: Bacardi's annual cocktail trends report, what to expect across Singapore’s bars and cocktail scene
Bacardi Limited has recently released its fifth annual Bacardi Cocktail Trends Report, anticipating the key trends that will redefine cocktail culture and the spirits business in 2024.
And for the first time, Singapore was one of the key countries surveyed to create the report, alongside global cocktail giants such as the US, UK and Tokyo.
Does this mean Singapore has made it in the world’s cocktail scene? How high is Singapore's barometer when it comes to cocktail trends?
Jacob Briars, Global Advocacy Director, Bacardi, shares with us more findings from this study and where Singapore stands in the world's cocktail scene. See omnystudio.com/listener for privacy information.
3/15/2024 • 16 minutes, 58 seconds
Market View: Surprise bump in US Feb PPI, Impact on STI; No Signboard resumes trading after over 2yrs, shares down 90% in early trade; Frasers Logistics and Commercial Trust acquires stake in logistic assets in Germany; Great Eastern, Sabana Reit vs minority shareholders; US reportedly plans to award over US$6b to Samsung Electronics; TSMC’s shares surged over 110% from Oct 2022 - are shares overbought?
Singapore stocks fell this morning, after global equities took a hit overnight.
In early trade, the Straits Times Index (STI) fell 0.9 per cent to 3,156.74 points after 97 million securities changed hands in the broader market.
In terms of companies to watch today, we have restaurant operator No Signboard. Thecounter resumes trading today, more than two years after it voluntarily suspended its trading.
Elsewhere from more on Frasers Logistics and Commercial Trust to TSMC shares surging over 110 percent from an October 2022 low, more corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
3/15/2024 • 13 minutes, 30 seconds
Why It Matters: Digital security to protect against critical infrastructure in Singapore
Advances in critical infrastructure technology are improving efficiency and effectiveness, but at the same time, they are opening the door to threat actors and cyberattacks that can have a catastrophic impact on utilities.According to CyberArk’s 2023 Identity Security Threat Landscape, 61% of APAC organisations surveyed say they would not be able to protect against an attack stemming from a successful compromise of a software supply chain provider.
Can you imagine the repercussions if we lost access to power, water or telecommunications? So how do we shore up digital security to protect against critical infrastructure in Singapore?
Koh Ssu Han, Solutions Engineering Director, ASEAN, CyberArk weighs in.See omnystudio.com/listener for privacy information.
3/15/2024 • 13 minutes, 24 seconds
Weekly Wrap Up: No Signboard’s shares tumble as trading resumes, will this trend continue?
No Signboard Holdings has resumed the trading of its shares on March 15 after obtaining concurrence from Singapore Exchange Regulation (SGX RegCo) on March 14.
But shares of No Signboard Holdings slid after opening at 2.7 cents, the stock was down 1.6 cents, or 51.6 percent.
Will such sentiments continue for No Signboard shares? Willie Keng, Founder, Dividend Titan shares his views. See omnystudio.com/listener for privacy information.
3/15/2024 • 10 minutes, 59 seconds
Sports Minutes: Swinging for success in Singapore!
With a handsome bounty of US$2,500,000, the Porsche Singapore Classic will take centre stage at the Laguna National Golf Resort Club from 21-24 March - featuring the likes of Rasmus Højgaard, Tom McKibbin and Yannik Paul. Returning with a bang after a prolonged hiatus, what will the event offer? We caught up with Patrick Bowers, Executive Championship Director of the Porsche Singapore Classic, to find out more.
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/14/2024 • 13 minutes, 2 seconds
Culture Club: Armenian Street Party celebrates the love for Peranakan food this March
Celebrate all things Peranakan at Armenian Street Party: Peranakan Pasar, which has returned since 8 March on an extended four-week run till 31 March.
This year, the festival's 8th edition will feature a unique tok panjang experience, kueh-inspired bouncy castle, and the iconic Peranakan afterparty on Armenian Street.
Heryanti Jamal, Manager, Audience, ACM and Peranakan Museum tells us more about what to expect at this year's edition of Armenian Street Party. See omnystudio.com/listener for privacy information.
3/14/2024 • 10 minutes, 33 seconds
Market View: US House of Representatives overwhelmingly approved bill for ByteDance to divest TikTok or face ban; SIA’s cooperation with Garuda, possible issuance of 10-yr dollar bond; Singtel clarifies on reports of Optus sale; Job vacancies in Singapore inched up in Q4 2023; Alibaba Group reportedly plans to invest US$1.1b in South Korea; Nestle faces formal demand from investors to improve amount of healthy food sold
Singapore equities climbed this morning, despite the global market closing mixed overnight.
In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,169.68 points after 44.3 million securities changed hands in the broader market.
In terms of companies to watch, we have Singtel after it clarified on reports which said that it was intending to sell Optus.
Other companies to watch include Singapore Airlines after the Competition and Consumer Commission of Singapore said SIA and Garuda Indonesia have jointly submitted an application on a proposed cooperation.
Also on deck – the US House of Representatives overwhelmingly approved a bill that would force ByteDance to divest TikTok or see the platform be banned in the US.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
3/14/2024 • 16 minutes, 4 seconds
Why It Matters: Creating a seamless patient journey from diagnosis to treatment in the cancer care continuum
Cancer is still very much a threat to the community at large and there are many misconceptions and fear within the public around it. With the advancement of technology, there is hope and at Siemens Healthineers, they aim to address the entire cancer care continuum, from screening and prevention through diagnosis, therapy, and survivorship.
Siow Ai Li, Managing Director, Siemens Healthineers Singapore shares with us more. See omnystudio.com/listener for privacy information.
3/14/2024 • 14 minutes, 58 seconds
Under the Radar: A digital family office for all - Google CEO Sundar Pichai-backed Arta Finance on its quest to become the next tech unicorn
Today we’re going to talk about a two-year old startup invested by Google’s CEO Sundar Pichai.
Founded by a team of former Google executives, Arta Finance transforms the way people grow, protect and enjoy wealth by helping people gain the financial superpowers that were previously the domain of ultra-high net worth individuals.
It uses artificial intelligence and machine learning to enable intelligent investing in public market equities, as well as other alternative asset classes such as private equity, venture capital and real estate.
The platform aims to serve professionals who have a higher net worth but are not yet able to access private bank services or to have their own family offices. Think of Arta Finance like a personal digital family office with lower barriers to entry.
Since coming out of stealth mode in late 2022, the firm has raised over US$90 million from institutional investors such as Peak XV Partners (also formerly known as Sequoia Capital India), Ribbit Capital, Coatue and over 140 luminaries in the tech and finance space – including, again, Google’s CEO Sundar Pichai and former Google CEO Eric Schmidt. But what is in it for this group of players to come onboard?
Meanwhile, the firm started offering its services in the US through an invite-only model in early 2023 and has since managed over US$100 million on members’ behalf. It plans to open its services in Singapore sometime this year.
But why did the firm choose the US and Singapore as markets to enter into as a start? What can we expect from its Singapore launch?
How far will the firm’s plans to expand aggressively take off from here? And how far away is it from becoming the next fintech unicorn?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Caesar Sengupta, Co-Founder and CEO at Arta Finance and Amanda Ong, Country Manager, Arta Finance Singapore. See omnystudio.com/listener for privacy information.
3/14/2024 • 21 minutes, 38 seconds
Euro Watch: What can the world expect from six more years of Vladimir Putin?
Russians will vote in a presidential election from March 15-17, and are all but guaranteed to hand Vladimir Putin a comfortable victory, paving the way for him to remain in power until at least 2030.
While autocratic regimes like Russia’s have proved adept at managing the electoral process to squeeze out rivals, elections are still high-stakes events, and offers a glimpse into the Kremlin’s domestic challenges as it continues a war against Ukraine that recently entered its third year.
So what should the rest of the world look out for during Russia’s elections?
Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific weighs in. See omnystudio.com/listener for privacy information.
3/14/2024 • 12 minutes, 54 seconds
Culture Club: Chefs Uncut - Asia's chef's story series premiers on Netflix
What if you had the opportunity to sit down with a chef and ask them about their journey, inspiration, and experience in the kitchen?
Well, ‘Chefs Uncut’ is a documentary series that tells the untold stories of Asia’s best chefs. The series takes viewers on a journey through the culinary lives of six prominent culinary stars, highlighting their creativity, passion, and dedication to their art.Jon Lister, CEO and Co-founder of CreatorsLab shares more.See omnystudio.com/listener for privacy information.
3/14/2024 • 17 minutes, 11 seconds
Sports Minutes: Gavin Lee "very honoured" to join Ogura's backroom staff
The inclusion of BG Tampines Rovers head coach Gavin Lee to the National Team backroom staff has got fans of the local game talking! Known for his distinct brand of football in the domestic league, what will the 33-year old coach bring the table as new Lions head coach Tsutomu Ogura looks revive the fortunes of Singapore football? We spoke to Gavin to find out!
READ MORE:https://www.straitstimes.com/sport/football/singapore-football-head-coach-brings-in-two-new-staff-ahead-of-world-cup-qualifiers
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/13/2024 • 11 minutes, 5 seconds
Why It Matters: Tips for homeowners to smoothly navigate renovations
For homeowners, the journey to creating a dream home is both exciting and crucially important. But despite being careful, some do still fall prey to scam victims which would derail one’s renovation journey.
So how can one protect themselves from renovation scams? How could a platform like HomePay safeguard consumers?
Wenny Lim, Chief Operating Officer, HomePay shares more. See omnystudio.com/listener for privacy information.
3/13/2024 • 12 minutes, 13 seconds
Regional Roundup: To host or not to host, Malaysia's dilemma with Commonwealth 2026
From Malaysia potentially hosting Commonwealth Games 2026 to Thailand election commission asking the country’s court to disband the Move Forward Party.
Adib Zalkapli, Director, BowerGroupAsia gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
3/13/2024 • 12 minutes, 56 seconds
Market View: Investors react after US Feb CPI rose 0.4% mom; Private sector economists raised forecast for Singapore’s 2024 growth; Bitcoin around US$72,000; OKX’s in-principle approval in Singapore; Sports, music lessons see drop in demand in China, Cathay Pacific’s first annual net profit in 4 years; Toyota to raise wages
Singapore stocks rose this morning, mirroring overnight gains in US and European markets following the release of Federal Reserve inflation data.
In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,149 points after 36 million securities changed hands in the broader market.
Singapore’ growth numbers are in focus today after private economists marginally raised their forecast for Singapore’s 2024 economic growth to 2.4 per cent in the latest quarterly survey of professional forecasters published by the Monetary Authority of Singapore (MAS)
Elsewhere, from a closer look at US February CPI numbers to Cathay Pacific’s latest earnings, more international and corporate headlines are in focus today.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.See omnystudio.com/listener for privacy information.
3/13/2024 • 12 minutes, 36 seconds
Sports Minutes: How a 14-year old Singaporean is taking the e-racing world by storm
What were you doing at 14-years old? Well chances are you weren't clinching multiple world titles, showcasing your extraordinary talent with a steering wheel! That's exactly what Singaporean Dillan Tan has achieved at such a young age, and we spoke to him to find out more about his meteoric rise!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/12/2024 • 10 minutes, 15 seconds
Culture Club: The only luxury bags worth investing in - Chanel vs Hermès
Singapore's luxury goods market is thriving, with high demand for high-end fashion and luxury brands among the affluent. In fact, the luxury goods market in Singapore is projected to generate revenue of US$4.23 billion in 2024, up from US$4.07 billion in 2023, according to research by Statista.
But now that luxury brands are raising their prices year-on-year, why is there still a strong appetite for designer handbags?And if you're in the market for an investment piece, how well do top performers a Chanel or Hermès perform in the long-run?
Jana Lata, General Manager at BJ Luxury.See omnystudio.com/listener for privacy information.
3/12/2024 • 16 minutes, 34 seconds
Market View: US Feb CPI expectations; US Presidential Candidate Donald Trump on TikTok, Meta; Keppel on Data Centre Fund II’s deal to purchase data centre in Tokyo; SGX to launch short-term interest rate futures linked to Sora, Tona; AI frenzy prompts Chinese investors to pile into Foxconn Industrial; Jollibee Foods to expand exponentially in China, triple net income in 5 years
Singapore shares began the day with gains after global equities ended mixed overnight.
In early trade, the Straits Times Index (STI) advanced 0.4 per cent to 3,151.54 points after 18 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Keppel, after the asset manager said its Data Centre Fund II signed a framework agreement with Japan-listed property player Mitsui Fudosan to purchase a data centre in western Tokyo.
Elsewhere, from a rally in Foxconn Industrial amid the global artificial intelligence frenzy to what to watch ahead of February’s US consumer price index release and Jollibee targeting exponential growth in China to triple its profits – more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.See omnystudio.com/listener for privacy information.
3/12/2024 • 15 minutes, 4 seconds
Why It Matters: Getting into the minds of Singaporean gamers
How big is the gaming market here in Singapore? Omnicom Media Group Asia Pacific’s latest research titled ‘Unlocking Gamers in Asia Pacific’ has found that not all Singaporean gamers identify with the label ‘gamer’.
But despite that, Singaporean gamers have a high propensity to spend, with 56 percent spending approximately $14 and above in a month on games, surpassing the APAC average of 49 percent.
Anna Lissa Bantigue, Insights and Enablement Manager, Omnicom Media Group Asia Pacific tells us more about the findings from this study. See omnystudio.com/listener for privacy information.
3/12/2024 • 13 minutes, 11 seconds
China Perspective: Highlights from the recently concluded 'Two Sessions'
And it's all about China’s recently concluded ‘Two Sessions’ in this edition of China Perspective.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us his analysis of this year’s conference.
See omnystudio.com/listener for privacy information.
3/12/2024 • 9 minutes
Under the Radar: Standard Chartered’s Singapore & ASEAN CEO on the impact of Fed cuts on Net Interest Margins; China exposure; Importance of Trust Bank
The banking sector is in focus as we speak to Singapore’s largest foreign bank serving some 900,000 retail customers in the lion city.
Yes – we’re going to talk about Standard Chartered Bank. Founded over 160 years ago, the bank currently has a presence in 53 of the world’s most dynamic markets and serves clients in a further 64.
The bank opened its first branch in 1859 in Singapore, and became one of the first international banks to receive a Qualifying Full Bank licence in 1999.
Fast forward to 2022, the firm launched its digital bank venture Trust Bank in partnership with FairPrice Group, to drive digitalisation in the industry.
The firm had in late February announced an 18 per cent increase in pre-tax profit. It also laid out its expectations for the coming years, projecting income to grow 5 to 7 per cent between 2024 and 2026, down from the 10 per cent seen in 2023.
But how far is this driven by its business within ASEAN markets, and how far will its digital bank venture contribute to top and bottom line growth?
And with the US Federal Reserve widely expected to cut interest rates this year, what will net interest margins look like for Standard Chartered, and how does it intend to get around lower NIMs?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Patrick Lee, Cluster CEO, Singapore & ASEAN Markets, Standard Chartered Bank. See omnystudio.com/listener for privacy information.
3/12/2024 • 18 minutes, 41 seconds
Washington Report: What does Joe Biden’s State of the Union say about his politics?
US President Joe Biden delivered his State of the Union address last week, one that could be among the most important speeches he gives during his presidency as he turns toward reelection.
What were the biggest takeaways? Are Democrats fired up after President Joe Biden's State of the Union Address?
Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College weighs in.See omnystudio.com/listener for privacy information.
3/12/2024 • 12 minutes, 16 seconds
Why It Matters: Building your e-commerce strategy should be as easy as ABC
E-commerce entrepreneurs in Singapore contributed nearly $2 billion to the country's GDP and $1.18b in exports in 2022; a clear indication that the spirit of entrepreneurship can thrive with the right capabilities.
But what’s the perfect recipe to create successful e-commerce and succeed in the online market world? Bharati Balakrishnan, Country Director, SEA & India, Shopify weighs in.See omnystudio.com/listener for privacy information.
3/12/2024 • 13 minutes, 46 seconds
Culture Club: IWD 2024 - Building a diverse tech future with Temus
Women still only account for around 26% of people working in IT today, according to research conducted by Women in Tech. Whilst this is an improvement from the figure of 19% in 2019, work is still needed to reach gender equality. How can we shift the dial on inclusion through inspiration?
Melissa Kee, Chief People Officer, Temus weighs in. See omnystudio.com/listener for privacy information.
3/12/2024 • 11 minutes, 30 seconds
Sports Minutes: An era-defining rivalry; Klopp versus Guardiola
The Premier League's recent history has been defined by the managerial rivalry between Jurgen Klopp and Pep Guardiola. And if this was its final chapter, then Liverpool and Manchester City closed the book in fitting fashion with an Anfield classic in a pulsating 1-1 draw. With the three-way title fight well and truly on, who has the edge? We discuss!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/11/2024 • 14 minutes, 16 seconds
Market View: US Feb non-farm payrolls; Japfa decline to comment on speculation of privatisation deal; CDL’s share buybacks; Singapore’s local business sentiment hits one-year high in 2Q2024; Chinese regulators asks large banks to enhance financing support for Chinese Vanke; Nintendo, Illumination says Mario will hit silver screen again in 2026
Singapore equities were pulled into negative territory this morning after global equities ended the prior week mixed.
In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,144.61 points after 23.4 million securities changed hands in the broader market.
In terms of companies to watch, we have Japfa after the agri-food company today refused to comment on speculations about a privatisation deal in a Mar 8 Bloomberg article.
Meanwhile, from more on Singapore’s local business sentiment to Chinese regulators asking large banks to support property developer Vanke, more local and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund.See omnystudio.com/listener for privacy information.
3/11/2024 • 14 minutes, 21 seconds
Sports Minutes: Hype to heartbreak, footballers who failed to live up to their potential
Paul Pogba has been banned for four years for charges of doping. And that got us thinking...who else joins the enigmatic frenchman as footballers who failed to follow through on their promise? We check in with the fans to discuss the 'what could have been' tales of some of football's brightest talents!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/8/2024 • 16 minutes, 16 seconds
Culture Club: Looking for authentic German food? Here's Singapore's first Berlin-style restaurant
Looking for authentic German food in Singapore? Look no further, because you can finally get your fix at Berlin65.
Only a few months old, Berlin65 is a casual eatery on Stanley Street which pays homage to the melting-pot cuisine of a city that’s famously edgy, artsy, and colourfully multicultural, with Turkish and Vietnamese cooking being a big part of it.
Stephan Zoisl, Director, Chef and Founder, Berlin65 and Lorenz Raich, Chef and Co-Founder, Berlin65 share more. See omnystudio.com/listener for privacy information.
3/8/2024 • 17 minutes, 4 seconds
Market View: DFI Retail Group’s earnings up 437%; Hongkong Land reports full year loss of US$582.3m; Mandarin Oriental International’s underlying profit up 966%; ECB holds rates, Christine Lagarde hints at June rate cut; US President Joe Biden vows to raise taxes on wealthy Americans, large companies, Boeing to make safety a bigger metric for employee bonuses
Singapore stocks opened stronger today, following overnight gains on global markets amid rate cut hopes.
In early trade, the Straits Times Index (STI) rose 0.5 per cent to 3,148.31 points after 61.4 million securities changed hands in the broader market.
In terms of companies to watch today, we have DFI Retail Group. The group posted underlying earnings of US$154.7 million for the fiscal year ended Dec 31, 2023, up 437 per cent from earnings of US$28.8 million in FY2022.
Meanwhile, from more on the European Central Bank’s latest decision to keep interest rates at current levels to Boeing set to make safety and quality a bigger metric for employee bonuses, more international headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
3/8/2024 • 13 minutes, 46 seconds
Weekly Wrap Up: 'Haters are going to hate, hate, hate', Taylor fever hits our politicians
Taylor Swift mania sweeps the parliament! Economically, how will her concerts benefit Singapore? And recently announced in parliament, Singapore’s retirement age to go up to 64 in 2026.
Dr Felix Tan, Independent Political Observer gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
3/8/2024 • 16 minutes, 11 seconds
Why It Matters: What's next for Singapore's Smart Nation journey in AI?
In December 2023, Singapore's government announced the second National AI Strategy, or NAIS 2.0, representing the country’s commitment to create exciting new opportunities in AI. The National AI Strategy details city-state’s roadmap for enhancing the integration of AI to reshape our economy. So what does the future of Singapore's smart nation journey look like?
Arun Kumar, Regional Director, ManageEngine weighs in.See omnystudio.com/listener for privacy information.
3/8/2024 • 12 minutes, 19 seconds
Under the Radar: IWD Special - Zora Health on the intricacies behind bridging the fragmented fertility services market
One in every six people. That’s the estimated odds of infertility among people of reproductive age worldwide.
But it appears that the fertility services market is highly complex with segments such as egg and embryo banking, frozen non-donor, and fresh donor fertility treatment.
Not only that, the market is also highly fragmented, with a large number of small players. In fact, Research and Markets said the top ten competitors in the market made up just 6.26% of the total market in 2020.
What that means is that it is tough for someone seeking fertility treatment to know which player to reach out to, how to kickstart the process, and how to compare prices and services across players.
And that is exactly the problem that our guest for today aims to solve. Launched in 2023, Zora Health prides itself as the first-of-its-kind fertility care and financing platform that increases the accessibility and affordability of treatment.
Through its partner fertility care providers, Zora Health offers a comprehensive suite of solutions including consultation services, fertility testing, egg freezing and in-vitro fertilisation. It also supports corporate clients through providing fertility education workshops.
But what is the firm’s business model exactly and what are the intricacies involved in operating a fertility-related platform?
Meanwhile, Zora Health is backed by VC firm Antler. It also recently secured S$1 million in funding from noteable angel investors such as the Founding CMO of Grab Cheryl Goh, CEO of Nium Prajit Nanu, and ex-COO of Pitch.com Asa Liden.
What is worthy of note is that female investors made up 55% of the investor lineup.
A number of big questions here – what is the strategic value provided by this group of investors? What do the runway, the growth opportunities and near-term ROI look like for the firm? And when does Zora Health intend to bring in more corporate investors?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Anna Haotanto, Founder & CEO, Zora Health.See omnystudio.com/listener for privacy information.
3/8/2024 • 20 minutes, 18 seconds
Sports Minutes: Singapore long jumper Tia Rozario on her leap of faith
Tia Rozario is only 23 years young, but she already has broken TWO national records in long jumping. If you thought that was impressive, wait till you realise she did this while pursuing a master’s in biomedical science at Duke University after completing your four-year degree in neuroscience at Princeton University. So how does the Singaporean track and field hotshot balance athletics with academics? We spoke to her to find out.
READ MORE:https://www.straitstimes.com/sport/singapore-s-tia-rozario-soaring-in-year-of-the-dragon-with-another-two-indoor-jump-records
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/7/2024 • 14 minutes, 57 seconds
Culture Club: Mindfulness leadership, leading a team with agility, adaptability, and resilience
Our guest embodies the spirit of innovation, leadership, and empowerment and in her capacity, she has played a pivotal role in overseeing the development and expansion plans of her company’s hospitality management arm, solidifying her commitment to driving growth and excellence within the industry.Angeline Tan, Vice President, CES Hospitality & Senior Vice President, Momentus Hospitality shares with us her journey in the hospitality industry and how her leadership style stands out in the industry. See omnystudio.com/listener for privacy information.
3/7/2024 • 11 minutes, 59 seconds
Euro Watch: Why was Apple hit with a landmark $2 billion fine from the EU?
The European Union has imposed a S$2.6 billion fine on Apple for violating its competition laws this week.
This marks the bloc's first-ever antitrust penalty against the US tech giant, as well as the start of a new era where trust-busters can be quicker and more efficient in policing Silicon Valley’s biggest companies. What is their secret weapon? Should Big Tech be worried?
In the UK, British chancellor Jeremy Hunt rolled the pre-election dice yesterday, delivering a budget full of measures ahead of a nationwide battle for Downing Street later this year. How might the Spring Budget 2024 shape the battles on the economy at the next general election?
Antonio Fatás, Professor of Economics at INSEAD weighs in.
See omnystudio.com/listener for privacy information.
3/7/2024 • 10 minutes, 29 seconds
Market View: Fed Chair Jerome Powell’s testimony; Over 75% of S-Reits saw DPU fall on-year; Great Eastern on minority shareholder’s proposed resolution; Wing Tai’s US$1b debt issue; China’s exports grew much faster than expected; Google’s changes to meet EU tech rules; Bitcoin prices briefly crosses US$69,000 mark
Singapore shares rose at the opening bell this morning, tracking overnight gains in global markets.
In early trade, the Straits Times Index (STI) gained 0.1 per cent to 3,139.17 points after 25.7 million securities changed hands in the broader market.
In terms of companies to watch, we have Great Eastern. The insurer said a recent request by a minority shareholder to table resolutions at its upcoming annual general meeting (AGM) “does not satisfy all of the requirements” for a requisition to be moved.
Meanwhile, from comments by Fed Chair Jerome Powell at his testimony before lawmakers to the implications of Google’s changes to its search results to be compliant with landmark EU tech rules, more international headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
3/7/2024 • 14 minutes, 43 seconds
Why It Matters: International Women's Day 2024 - The urgency of closing the gender gap in healthcare
As cancer rates continue to surge globally, the impact on women is becoming increasingly severe. And, nowhere is this more evident than in Asia Pacific, which accounts for a staggering 45% of all global breast cancer cases and 58% of cervical cancer deaths worldwide.
Yet, we know that tools exist to eliminate cervical cancer as a public health problem and to reduce the incidence of breast cancer. So why is it that in the Asia-Pacific region in particular, incidence and mortality are not decreasing?
Ahead of International Women’s Day 2024, Amy Ho, Head of Disease Areas for Roche Diagnostics APAC, member of Roche’s International Women’s Network and of the Asia-Pacific Women's Cancer Coalition weighs in.See omnystudio.com/listener for privacy information.
3/7/2024 • 14 minutes, 59 seconds
Sports Minutes: Simona Halep's 4-year doping ban reduced to 9 months. What next?
Simona Halep has vowed to return to tennis with "renewed vigour and an invigorated spirit" after a four-year doping ban was reduced to nine months. The 2-time Grandslam winner has not played competitively since the US Open in August 2022 - when she failed a doping test. Halep's suspension was backdated to the start of her provisional suspension in October 2022, meaning she is able to return to competition in the coming weeks. How will she fare on her road to redemption? We speak to Tennis Commentator Mousumi Dutt to find out more.
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/6/2024 • 10 minutes, 43 seconds
Culture Club: PetExpo’s 10th Anniversary Edition debuts brand new aqua zone for aquatic hobbyists
PetExpo is back, bigger and better than ever for its 10th Anniversary! Happening from March 15th to 17th at Expo Hall 5B and 6, this year, PetExpo is also thrilled to introduce an official Aqua Zone exclusively dedicated to enthusiasts of aquatic animals.
David Lim, Project Director, PetExpo tells us more about what to expect from this year's edition. See omnystudio.com/listener for privacy information.
3/6/2024 • 11 minutes, 22 seconds
Why It Matters: Buying private properties at a young age, is that possible in Singapore's landscape?
Statistics have highlighted a current trend in the real estate market that cannot be ignored. Private property prices have surged to an all-time high, experiencing a staggering increase of 28 percent over the past three years. In a red-hot real estate market where owning a private property feels like a distant dream for many, but our next guest has defied all odds.
Damien Tan, Team Leader, JNA Real Estate shares his story investing in properties at a young age. See omnystudio.com/listener for privacy information.
3/6/2024 • 12 minutes, 26 seconds
Market View: Singtel’s Optus fined; Nio’s narrower loss for Q4 FY2023; DBS CEO Piyush Gupta’s pay cut; Chinese investors’ rush abroad; Saudi Arabia increase prices of main oil grade to Asian buyers; Meta’s Facebook, Instagram disruptions; Pringles demand
Singapore shares climbed at the opening bell this morning, despite overnight losses in global markets.
The Straits Times Index (STI) gained 0.3 per cent to 3,116.94 points after 53.4 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Singtel. The telco’s Australian unit Optus was fined A$1.5 million (S$1.3 million) by the Australian Communications and Media Authority today over large-scale breaches of public safety rules.
Elsewhere from DBS CEO Piyush Gupta’s pay cut to the latest earnings from electric vehicle maker Nio – more local headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Oriano Lizza, Sales Trader, CMC Markets.See omnystudio.com/listener for privacy information.
3/6/2024 • 11 minutes, 19 seconds
Regional Roundup: Is China a reliable 'key ally' for Malaysia?
From Bersatu’s MP Wan Saiful Wan Jan almost suspension to Malaysia's relationship with China and Indonesia’s incoming President, Prabowo Subianto ambitions for the country.
Dr Mustafa Izzuddin, Senior International Affairs Analyst, Solaris Strategies Singapore gives us an analysis on those headlines and more. See omnystudio.com/listener for privacy information.
3/6/2024 • 12 minutes, 33 seconds
Under the Radar: Maritime tech startup Pyxis’ quest to electrify coastal vehicles in ports
Helping tugboats, ferries, pilot boats and other coastal vehicles electrify and ride the green wave – that’s what we are going to talk about today.
Founded in 2022, our guest for today Pyxis is a maritime electrification technology startup that aims to create a more sustainable future at sea by easing mass commercialisation and adoption of electric coastal vehicles.
Supported by leading coastal vessel owners and government agencies, Pyxis accelerates maritime decarbonisation while elevating vessel performance and management.
For one thing, the firm is focusing on retrofitting existing vessels with full electric propulsion systems including 70 coastal vessels owned by maritime services firm Eng Hup Shipping.
With the Maritime and Port Authority of Singapore mandating all new harbour craft in Singapore waters to operate on low-carbon energy solutions and reduce emissions by 15 per cent from 2021 levels, what opportunities does this present for Pyxis in the longer run?
Meanwhile, the firm had in February 2024 raised S$4.5 million in a seed funding round led by Motion Ventures and Shift4Good. The round featured participants such as Enterprise SG’s Seeds Capital, MarImpact, Tian San Shipping and LCC Resources.
But what is the strategic value behind this group of investors and how does the maritime startup intend to use the money?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Tommy Phun, Founder, Pyxis.See omnystudio.com/listener for privacy information.
3/6/2024 • 16 minutes, 27 seconds
Sports Minutes: Why the upcoming Singapore Smash is for more than just table tennis fans
The world’s best Table Tennis stars are coming back to Singapore for the Singapore Smash at Singapore Sports Hub from Thursday 7 to Sunday 17 March. But this year's event will be for more than just lovers of the sport, promises to be bigger and better. Why? We speak to Shaun Nik, Head of Event and Experience at World Table Tennis, to find out!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/5/2024 • 11 minutes, 56 seconds
Market View: CDL close to sealing Hilton Paris Opera Hotel deal; China’s 2024 GDP growth target at ~5%, implications on SGX counters; Haidilao International to launch franchise model; Are investors risk-averse ahead of Powell’s testimony, JOLTS report
Singapore shares rose at the opening bell this morning, despite overnight losses in global markets.
In early trade, the Straits Times Index (STI) gained 0.2 per cent to 3,127.49 points after 36.2 million securities changed hands in the broader market.
In terms of companies to watch, we have City Developments Limited. The property giant is close to sealing a 244 million euro (S$356 million) deal to buy the Hilton Paris Opera hotel from asset management giant Blackstone.
Meanwhile from the latest China GDP growth target to investors sentiment on Wall Street ahead of the Federal Reserve Chair Jerome Powell’s testimony and key jobs openings numbers – more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Carmen Lee, Head of OCBC Investment Research.See omnystudio.com/listener for privacy information.
3/5/2024 • 12 minutes, 38 seconds
Why It Matters: Are LED lights worth the investment?
Electricity prices are continuing to go up due to rising energy costs, higher carbon tax and the GST hike. And over the years LED lighting technology has achieved new breakthroughs, with ultra energy-efficient bulbs that consume 60 percent less energy than standard LEDs and with a lifespan of 50 years entering the market.
So are LED lights a useful investment for one to save cost and conserve energy?
Fabian Choh, Public and Government Affairs Leader (ASEAN), Signify Singapore tells us more. See omnystudio.com/listener for privacy information.
3/5/2024 • 7 minutes, 38 seconds
China Perspective: China scraps Premier's annual news conference in surprising move
From China's annual political conclave kicking off in Beijing to Chinese developer Country Garden facing liquidation petition.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
3/5/2024 • 12 minutes, 9 seconds
Sports Minutes: Three-horse title race gathers pace as City down United to close the gap at the top
It's getting tight at the top as City closed the gap on pace-setters Liverpool with 3-1 win in the Manchester Derby. We review the 'inevitable' nature of their win, plus the rest of the 'inevitable' subplots that took centre stage this past sporting weekend!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/4/2024 • 13 minutes, 45 seconds
Culture Club: Keeping up with the fintech scene evolution
Financial technology or better known as fintech is used to describe new technology that seeks to improve and automate the delivery and use of financial services.
But from 2018 or so to 2022, there was a shift to consumer-oriented services. fintech now includes different sectors and industries such as education, retail banking. So how can we expect the fintech industry to continue evolving in the near future?
Yuval Ziv, President, Nuvei shares his views.See omnystudio.com/listener for privacy information.
3/4/2024 • 12 minutes, 27 seconds
Market View: S&P, NASDAQ at all time high on AI optimism; Great Eastern’s minority shareholders’ proposal; Olam Group acquires feed supplier; Japan’s Nikkei surpasses 40,000 for the first time; China skips premier’s NPC briefing; Elon Musk sues Sam Altman, OpenAI
Singapore stocks were pulled into positive territory today after global equities ended the previous week with record gains.
In early trade, the Straits Times Index (STI) was up 0.3 per cent at 3,145.39 points after 34.8 million securities changed hands in the broader market.
In terms of companies to watch, we have Great Eastern and OCBC. That’s with a group of Great Eastern’s minority shareholders proposing to withhold directors’ fees, to change the share option schemes of employees, and to appoint an independent financial adviser.
Elsewhere from China’s Premier Li Qiang being the first premier in three decades to skip holding a National People’s Congress briefing, to Japan’s Nikkei Index surpassing the 40,000 mark for the first time today, more international headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
3/4/2024 • 13 minutes, 2 seconds
Why It Matters: Describing a 'typical' Singaporean internet user
Meltwater together with We Are Social have recently released Digital 2024, their latest annual report on social media and digital trends worldwide. And in spite of Singapore’s high internet penetration and mobile connectivity, internet and social media users, aged 16 to 64, are not glued online as one might assume.
David Hickey, Executive Director, Meltwater (Asia-Pacific) tells us more about the findings from this study and social media's role in our local political scene. See omnystudio.com/listener for privacy information.
3/4/2024 • 12 minutes, 43 seconds
Under the Radar: From serving the Italian military to civilians – Panerai on its positioning over the years and what that means to its product pipeline and expansion plans
Radium is an element we see in our periodic tables during chemistry lessons. But did you know that it was once used to make watches for naval divers thanks to its self-luminescence quality?
In fact, one luxury firm used to supply such timepieces to the Italian military back in the early 1900s.
And while Radium was banned in the 1960s due to its radioactive properties, the glow-in-the-dark feature of this company’s watches remains its key selling point up till today.
We’re talking about the Italian watch brand Panerai. Founded in Florence in 1860 as a workshop, shop and subsequently school of watchmaking, Panerai had for many decades supplied the Italian Navy and its specialist diving corp in particular with precision instruments.
At that time, the designs developed by Panerai were covered by the Military Secrets Acts. It stayed that way for many years and the models were only launched on the international market after it was acquired by the Richemont Group in 1997.
Fast forward to today, Panerai is known for its rugged and bold timepieces, with action stars such as Arnold Schwarzenegger, The Rock Dwayne Johnson and others among wearing them. But the firm is also seeing growing interest among the female community.
So how does Panerai assess its positioning and customer base over the years and what does it mean for the firm when it comes to future designs and product pipeline?
Meanwhile, Panerai had in June 2023 launched its global flagship boutique in New York, but which are the key markets for the firm? What are the opportunities ahead and where does Panerai intend to expand into next?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Jean-Marc Pontroue, CEO, Panerai.See omnystudio.com/listener for privacy information.
3/4/2024 • 25 minutes, 49 seconds
Sports Minutes: Forget Taylor Swift, it's the SCC Hockey Sixes weekend!
Swift-mania may have hit Singapore in a big way, but that's not the only event happening this weekend. The Singapore Cricket Club is hosting the SCC International Hockey Sixes, with a host of teams local and abroad set to do battle at the Padang. Why should you make time for this FREE event? Subhas Nathan, Chairman of the SCC International Hockey Sixes, tells us!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
3/1/2024 • 11 minutes, 11 seconds
Culture Club: Taking her family’s 100-year-old bakery into the next generation
This 89-year-old bakery has been around since the 1920s. Originally a humble street stall, they opened their first brick-and-mortar bakery in 1935.
Today, Tong Heng is a homegrown brand celebrated for its handmade diamond-shaped egg tarts and one of Singapore’s oldest traditional Chinese pastry shops. So, what's in store for the future?
Ana Fong, Chief Operating Officer and 4th-generation successor of Tong Heng explains. See omnystudio.com/listener for privacy information.
3/1/2024 • 14 minutes, 24 seconds
Market View: US PCE Price Index up 2.4 yoy in Jan; ComfortDelGro’s earnings; IHH Healthcare’s quest for organic growth; New home prices in China rose slightly in Feb; BoJ’s Ueda on inflation vs 2 per cent target; EV Battle - Tesla’s incentives in China, BYD to deepen presence in Japan
Singapore shares opened flat this morning, despite overnight gains in global markets.
In early trade, the Straits Times Index (STI) was flat, falling just 0.09 point to 3,141.76 points after 77.7 million securities changed hands in the broader market.
In terms of companies to watch today, we have ComfortDelGro. The transport operator announced a net profit of S$102 million for the second half of 2023, up 76.5 per cent from S$57.8 million in the year-earlier period.
Elsewhere from a breakdown of the latest personal consumption expenditures or PCE Index out of the US to the Bank of Japan governor Kazuo Ueda stopping short of declaring the 2 percent price inflation target met, more international headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
3/1/2024 • 13 minutes, 4 seconds
Why It Matters: Geo-compliance is critical in 2024 as regulators take a more active role in mobile app security
In 2023 alone, mobile cyber security came under close scrutiny across the region but particularly in Singapore. Fast forward to 2024, regulators are taking a more active role in the mobile security landscape.
How important is geo-compliance for app makers who are looking to comply with the rules and regulations in force in every geography where their mobile apps are in use?
Jan Sysmans, Mobile App Security Evangelist, Appdome weighs in.See omnystudio.com/listener for privacy information.
3/1/2024 • 15 minutes, 39 seconds
Weekly Wrap Up: Singapore's fertility rate hits record low, should we be worried?
For the first time ever, Singapore’s resident total fertility rate has dropped below 1.0. Preliminary estimates show that the total fertility rate fell to 0.97 in 2023, declining further from the previous record of 1.04 in 2022 and 1.12 in 2021.
What are the factors leading to the new low? And should we be worried?
Dr Mathew Mathews, Head, Social Lab, and Principal Research Fellow at the Institute of Policy Studies, National University of Singapore shares his views. See omnystudio.com/listener for privacy information.
3/1/2024 • 11 minutes, 25 seconds
Sports Minutes: Bart Ramselaar on signing for the Lion City Sailors, playing for Erik ten Hag and winning the Eredivisie
The Lion City Sailors have signed attacking midfielder Bart Ramselaar from Dutch Eredivisie side Utrecht on a deal till the end of the 2025-26 campaign. The 27-year-old, who won the Eredivisie title with PSV Eindhoven and has three caps for the Netherlands, arrives for a reported fee of about €1.5 million (S$2.2 million) - making him the SECOND most expensive signing in SPL history. So what can fans expect? We spoke to the man himself to find out!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/29/2024 • 14 minutes, 47 seconds
Culture Club: Want more vacations in 2024? Here are some financial planning tips for your travel plans this year
While inflation has made travel and just about everything else more expensive, consumers are still planning to spend as much or more on travel in 2024.
So, what are some travel trends to look out for, and how does that impact your financial planning for your next trip?
Vinay Surana, Regional Managing Director – Asia Pacific, Middle East & Africa, Allianz Partners weighs in. See omnystudio.com/listener for privacy information.
2/29/2024 • 15 minutes, 36 seconds
Market View: AEM’s net loss of S$20.9m; ST Engineering’s, Sats net profit; Malaysia’s Ringgit outlook; Alibaba Group Holding slashes prices by as much as 55%; Seven & i Holdings bets on bigger stores, doubles variety
Singapore shares rose at the opening bell this morning, despite overnight losses in global markets.
In early trade, the Straits Times Index (STI) gained 0.2 per cent to 3,145.29 points after 48.2 million securities changed hands in the broader market.
In terms of companies to watch, we have semiconductor equipment maker AEM. The firm reported a net loss of S$20.9 million for the six months ended December, reversing from a net profit of S$44 million in the corresponding period a year earlier.
Meanwhile from Alibaba Group Holdings slashing prices for cloud services by as much as 55 per cent to movements on the Malaysian Ringgit, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
2/29/2024 • 14 minutes, 42 seconds
Why It Matters: Should the younger generation care about chronic pain?
Ageing is a significant risk factor for pain-related conditions. And as populations grow older and live longer, outdated beliefs about pain management may deprive many seniors from living their best lives as they age.
The question is, how are healthcare professionals adapting to shifting attitudes about pain? Are there sufficient GPs trained in pain management who can meet the evolving expectations of patients?
Dr Bernard Lee, CEO of Singapore Paincare Holdings Limited, Senior Consultant Pain Specialist of Singapore Paincare Center weighs in.See omnystudio.com/listener for privacy information.
2/29/2024 • 13 minutes, 42 seconds
Euro Watch: Qatar to invest €10bn in France. How will Europe's second-biggest economy benefit?
France and Qatar have sealed a strategic partnership under which Qatar has agreed to channel 1$10.85 billion into start-ups and investment funds in France between 2024 and 2030, the French presidency said in a statement.
Both sides sealed the agreement as Qatar's Emir Sheikh Tamim bin Hamad Al Thani started his two-day visit in France, the first state visit since his accession to the throne in 2013.
How will the Qatari investment benefit Europe's second-biggest economy? And what does this strategic partnership mean for the future of their bilateral relations?
Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific weighs in.See omnystudio.com/listener for privacy information.
2/29/2024 • 11 minutes, 8 seconds
Sports Minutes: Righting the wrongs to rebuild bodybuilding in Singapore
Singapore bodybuilding has taken a back seat in recent years with its reputation tainted by local cases of doping. But under a new guise as the Association of Bodybuilding and Physique Sports Singapore (ABPS), it's looking to restore it's reputation and retain it's NSA Status. How? Newly-elected President of ABPS, Alan Ng, tells us more.
READ MORE:https://www.straitstimes.com/sport/bodybuilding-body-aims-to-become-national-sports-association-to-uplift-sport-in-s-poreGot a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/28/2024 • 14 minutes, 36 seconds
Culture Club: Five Footway Festival 2024 - Experience the lives of old Chinatown
Over the past two centuries, Chinatown Singapore has undergone a remarkable transformation from a small Chinese settlement to a go-to cultural, dining, and lifestyle destination for tourists and locals alike.
Five Footway Festival is returning for its third edition to Chinatown Singapore from 9 to 17 March 2024, with many activities for visitors of all ages to enjoy. The festival offers a fantastic opportunity to relive the storied history of Chinatown through traditional games, exhibitions, performances and workshops.
Yick Suan Lim, Executive Director, Chinatown Business Association and Garrick Wong, Emcee & Performer share more.See omnystudio.com/listener for privacy information.
2/28/2024 • 11 minutes, 14 seconds
Market View: OCBC’s Q4 net profit up 12% yoy; Earnings from City Developments Limited, CapitaLand Investment, PropNex; Olam’s shares up 10% on earnings; China’s thrifty shoppers and impact on stock counters; US Q4 GDP, PCE Price Index expectations, Fed officials to speak; Apple gives up plans for self-driving car
Singapore shares fell at the opening bell this morning, after a mixed performance in global markets.
In early trade, the Straits Times Index (STI) fell 0.3 per cent to 3,148.09 points after 56.6 million securities changed hands in the broader market.
In terms of companies to watch for today, we have OCBC, after the lender’s net profit for the fourth quarter ended Dec 31, 2023, rose 12 per cent to S$1.62 billion from S$1.44 billion a year prior.
Elsewhere from China’s thrifty shoppers creating new stock winners and losers to a lookahead to Fed officials comments and key economic indicators out of the US, more international headlines are in focus.
Also on deck – Apple’s move to give up on billions in potential revenue in abandoning plans for a self driving car.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.See omnystudio.com/listener for privacy information.
2/28/2024 • 12 minutes, 21 seconds
Why It Matters: Insights into the broader landscape of obesity and undernutrition, tackling the double burden of malnutrition
Asian countries stand out worldwide, with our vibrant and wholesome cultures, but there is a harsh reality here that demands our collective attention.
53 percent of women, 45 percent of men, and 8 percent of school-age children or adolescents are overweight or obese, creating a double burden of malnutrition in Southeast Asia.
Recognising this urgency, our next guest embarked on a mission rooted in holistic wellness.
Dr Mark Leong, CEO and Founder, Farmz Asia shares his mission. See omnystudio.com/listener for privacy information.
2/28/2024 • 13 minutes, 14 seconds
Under the Radar: How far has the increased adoption of generative AI solutions translated into greater hardware services demand at Procurri?
Cloud computing, big data and artificial intelligence – these functions require sophisticated hardware and regular maintenance in order to work seamlessly.
But have you wondered who are the ones managing the lifecycle of the hardware products, from regular maintenance to disposition? That’s exactly what we are going to talk about today.
Listed on the Singapore Exchange since 2016, Procurri Corporation works with its channel partners to provide more sustainable, more intelligent and more competitive IT solutions.
The firm focuses on three core pillars: (a) supplying hardware products (b) providing third party maintenance solutions for all major OEMs, supporting (b) Asset Disposition and disposal solutions for IT hardware.
Proccuri said it currently has processing plants in the UK, Germany, North America, Singapore, Malaysia and India.
The firm had also last year revealed plans to grow its business in the Asian market. But to what extent has that got to do with the ongoing boom in generative AI solutions?
Also – have the optimism and growing adoption of generative AI filtered down to Procurri when it comes to demand for hardware services?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Mat Jordan, Executive Director and Chief Executive Officer, Procurri.See omnystudio.com/listener for privacy information.
2/28/2024 • 27 minutes, 58 seconds
Sports Minutes: Singapore Youth League, a game changer for grassroots football?
The Singapore Youth League (SYL), co-organised by the Football Association of Singapore (FAS) and Sport Singapore (SportSG) kickstarted on the weekend of 24-25 February across the island. Could the league, an initiative under the Unleash the Roar! (UTR!) national football project and Singapore’s inaugural nation-wide elite youth football competition which will feature over 200 registered teams from 52 clubs and academies across various age groups, be a game changer for grassroots football? Baihakki Khaizan, FAS’s Head of Planning (Technical Division Office) and former Lions tells us more!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/27/2024 • 15 minutes, 55 seconds
Culture Club: Preserving the value of your wine investment with Winebanc
Everyone has a fine wine that they’re not planning on drinking right away.
Whether it’s a nice bottle received as a gift or a wine bottle stored away for its investment value, maintaining ideal conditions will be important if you’re considering long-term storage.
If you are serious about storing wines to mature them to their maximum value, professional storage is key. Mike Hagbeck, Founder, Winebanc tells us how it is done. See omnystudio.com/listener for privacy information.
2/27/2024 • 14 minutes, 17 seconds
Market View: STI movements; Hong Kong budget expectations; StanChart suspends new investments by clients in China via into offshore products via a quota-based channel; China Everbright, Shanghai Zhida, Samsonite; Japan’s inflation beat forecasts; Chinese passenger airlines allowed to boost flights to the US
Singapore shares climbed at the opening bell today, despite overnight losses in global markets.
In early trade, the Straits Times Index (STI) gained 0.1 per cent after 76.9 million securities changed hands in the broader market.
Regional headlines are in focus today as we look at what to expect when Hong Kong’s Financial Secretary Paul Chan unveils the city’s budget tomorrow.
Also on deck, how Japan’s latest inflation numbers beat forecasts, keeping alive expectations of an end to negative interest rates in the coming months.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Redmond Wong, Global Market Strategist, Saxo.See omnystudio.com/listener for privacy information.
2/27/2024 • 15 minutes, 53 seconds
Why It Matters: Avoiding disputes in business - what can companies do?
Business disputes are sadly common when it comes to the corporate world. With these conflicts seeing a party dispute the terms of a previously signed agreement, there are countless ways your business could become embroiled in such an event.
Singapore Mediation Centre has also come out with a new scheme to manage complex disputes.
Yeong Zee Kin, Executive Director, Singapore Mediation Centre & Chief Executive, Singapore Academy of Law tells us more. See omnystudio.com/listener for privacy information.
2/27/2024 • 10 minutes, 25 seconds
Under the Radar: What does MICE operator Experia’s growth story look like after the Singapore Airshow 2024?
Nearly 60,000 people – that’s the number of trade visitors who attended the first four days of the Singapore Airshow 2024.
The number of attendees also dwarfs the previous record set six years ago, by about 10 per cent. That was when the last full scale show was held, before the biennial event was scaled down in 2020 and 2022 due to the COVID-19 pandemic.
While the exact number of deals made and the value of them were not disclosed, multiple deals were made at the event.
China’s Comac sealed an order of 50 planes from Tibet Airlines. While APAC carriers such as Thai Airways, Vietjet and Taiwan’s Starlux bought 77 planes from major aircraft manufacturers Airbus and Boeing.
So what does this suggest about the recovery of Singapore’s MICE industry post-pandemic, and how are MICE operators positioning themselves for future growth as economic activities come back to life?
Well, we’re going to pose the questions to the organiser of Singapore Airshow 2024, Experia Events.
Incorporated in 2005, Experia specialises in conceptualising and curating trade events of strategic interest that spur industry developments, and also manages the Changi Exhibition Centre.
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Leck Chet Lam, Managing Director, Experia.See omnystudio.com/listener for privacy information.
2/27/2024 • 20 minutes, 12 seconds
China Perspective: The secret world of China’s hackers for hire
From the US imposing sanctions on Chinese enterprises for Russia-related reasons to China’s enormous cyber leak.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more.
See omnystudio.com/listener for privacy information.
2/27/2024 • 9 minutes, 40 seconds
Sports Minutes: Klopp & the kids overcome the odds to win the cup!
Jurgen Klopp called his side's Carabao Cup final victory over Chelsea the "most special trophy" he has ever won. With five players aged 20 or under featuring on the day, and with the average age of the team that finished the game being below 22, how did Klopp galvanize his charges to overcome the Blues? We discuss!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/26/2024 • 13 minutes, 40 seconds
Culture Club: How one woman in tech changed crime solving for the Singapore Police Force
Step out into the corridors of your HDB flats and you'll notice something watching over you: bulb-like cameras, quietly embedded in the walls.
These are no ordinary CCTVs — but PolCams (Police Cameras) that were rolled out to monitor public spaces like HDB corridors, car parks, and hawker centres.
To mark the upcoming International Women's Day on March 8, we speak with Rina Khoo, Chief Solutions Officer of Evvo Labs, the woman who changed crime solving for the SPF.See omnystudio.com/listener for privacy information.
2/26/2024 • 13 minutes, 25 seconds
Washington Report: What is 'Super Tuesday', the day that could shape the 2024 US election?
Super Tuesday, which is March 5, and traditionally one of the most important dates on the US political calendar, is fast approaching.
This primary season however, has been far from traditional and former US President Donald Trump is likely to be the Republican presidential nominee against incumbent Democratic President Joe Biden according to polling.
The only rival still in the race for the Republican nomination is former South Carolina Gov. Nikki Haley, who vows to continue to stay in the race.
How important is Super Tuesday and why is it a deal breaker for presidential candidate campaigns? Emeritus Professor Joseph Camil-leri, La Trobe University, Melbourne and Fellow, The Academy of the Social Sciences in Australia weighs in.
See omnystudio.com/listener for privacy information.
2/26/2024 • 13 minutes, 48 seconds
Market View: Singapore’s Jan industrial production; Seatrium, Great Eastern’s and Raffles Medical’s earnings; DBS and Sheng Siong’s to engage SMEs; Ant Group vs Citadel Securities for Credit Suisse’s investment bank venture in China; Mark Zuckerberg’s Asia tour
Singapore shares fell at market open today, led by declines from local banks.
In early trade, the Straits Times Index (STI) fell 0.5 per cent to 3168.08 points after 80.5 million securities changed hands in the broader market.
In terms of companies to watch, we have Seatrium, after the group today reported a wider second-half net loss of S$1.7 billion compared to a net loss of S$118.3 million in the same period last year.
Elsewhere, from more on Singapore’s January factory output numbers to DBS and Sheng Siong working to engage up to 1,000 SMEs in a sustainability tie up – more local headlines are in focus.
Also on deck – what to watch in Mark Zuckerberg’s Asia tour and Ant Group reportedly outbidding Citadel Securities for Credit Suisse’s investment bank venture in China.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
2/26/2024 • 12 minutes, 52 seconds
Under the Radar: Making cables for MRT lines, Jewel Changi Airport and Gardens by the Bay – Tai Sin Electric on building a new product line amid the pandemic and future regionalisation plans
Making cables for MRT lines, Jewel Changi Airport and Gardens by the Bay – that’s what we’re going to talk about today.
Founded in 1980, our guest Tai Sin Electric makes cables and wires for a diverse range of industries for both the private and public sectors and in all categories of industrial, commercial, residential and offshore and marine projects.
They include items like low voltage cables, medium voltage cables, instrumentation cables as well as fire resistant cables and wires.
The firm has since completed over 1,000 projects including at the Changi Airport Terminal 4, the National University of Singapore, the SingPost Logistics Hub, the Singtel Data Centre, the National Gallery Singapore, the Jurong Reclamation plant, Rolls Royce Seletar Campus and at Jem Shopping Mall.
But what is interesting about Tai Sin Electric is its move to expand beyond cables and wires amid the pandemic.
In 2019, the firm was setting its sights on exporting its products to other Southeast Asia countries by taking part in the second run of Enterprise Singapore’s Scale-up SG, before activities came to a grinding halt as a result of lockdowns seen in many countries.
Instead, the firm made the decision to build a new product vertical looking at electrical power distribution with busbar trunking systems. This was a bold move as the systems were a direct competitor to the cables and wires that were Tai Sin’s bread and butter.
But why did the firm decide to push ahead with the move and how far has this brought about tangible benefits for the firm? Also, with economies revving back to life post-pandemic, how far is Tai Sin Electric picking up on its expansion plans?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Willy Chua, Head of Marketing & Group Corporate Development, Tai Sin Electric Limited.See omnystudio.com/listener for privacy information.
2/26/2024 • 25 minutes, 18 seconds
Sports Minutes: With INEOS now made official, what can Manchester United fans expect?
Sir Jim Ratcliffe’s 27.7% buy-in at Manchester United has been officially completed. So with Ratcliffe and co. gaining control of the club's football policy, what will the future look like? We convened the in-house council of red devils to discuss!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/23/2024 • 15 minutes, 41 seconds
Culture Club: Remember the old Zouk? It's now a restaurant called Jiak Kim House
If you’re a clubber born in the 90’s, the old Zouk at Jiak Kim might set off a wave of nostalgia for you.
In 2024, Jiak Kim House, a new restaurant serving modern Asian food sits on the very same site where Singapore’s most storied club stood for 25 years.
The restaurant is the brainchild of The Brewerkz Group, which is also behind F&B concepts like Koji, Cafe Iguana and Crystal Wines.
Tan Wee Tuck, Managing Director of The Brewerkz Group and Seow Tzi Qin, Chef-Partner of Jiak Kim House shares more. See omnystudio.com/listener for privacy information.
2/23/2024 • 11 minutes, 44 seconds
Why It Matters: Gen AI and security coming together to fight worldwide cybercrime
Across Singapore, banks faced several cases of disruptions in 2023. Singaporeans suffered the brunt of these downtimes as both ATMs and mobile paying apps went offline. Similarly, the websites of major public hospitals and healthcare clusters in Singapore could not be accessed for hours due to a DDoSattack.
We know both the financial and healthcare sector rely on third parties for these technological solutions. So, with the advent of artificial intelligence, how can generative AI and security come together in the worldwide fight against cybercrime?
Sathish Murthy, Director of Systems Engineering, ASEAN/India, Cohesity weighs in. See omnystudio.com/listener for privacy information.
2/23/2024 • 15 minutes, 29 seconds
Weekly Wrap Up: How much will Singapore make from Taylor Swift's concert exclusivity ?
The Singapore Tourism Board and the Ministry of Culture, Community and Youth said on Feb 20 that Taylor Swift’s sold-out concerts in Singapore in March had received support from the authorities in the form of a grant. This comes after Thai Prime Minister Srettha Thavisin's comments on Feb 16 that the Singapore Government offered subsidies in exchange for Swift agreeing not to perform elsewhere in South-east Asia.Is paying for concert exclusivity a common practice? How does it benefit Singapore's economy and does it make financial sense to give a grant?
Dr Kevin Cheong, Managing Partner, Syntegrate LLP weighs in. See omnystudio.com/listener for privacy information.
2/23/2024 • 11 minutes, 44 seconds
Market View: Singapore’s inflation eases in Jan; Singtel net profit down 12.5%; Genting Singapore shares down 10% on disappointing Q4 results; SG earnings season; Grab slid most in over 9 months on poorer outlook; Reddit files for IPO on NYSE; Nvidia shares surges 16% besting Meta’s historic gains
Singapore shares fell at the open this morning, led by declines from local banks.
In early trade, the Straits Times Index (STI) fell 0.5 per cent to 3,208.35 points after 53.6 million securities changed hands in the broader market.
In terms of companies to watch today, we have Singtel. The company reported that its net profit was down 12.5 per cent to S$465 million for the third quarter ended December due to a higher net exceptional loss mainly from Optus and Airtel.
Elsewhere, from more on Singapore’s inflation numbers to earnings out of SGX-listed firms and to Grabs poor outlook – more local headlines remain in focus.
Also on deck – Reddit filing for an IPO on the New York Stock Exchange, and Nvidia’s share price performance following its blockbuster results.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
2/23/2024 • 15 minutes, 1 second
Sports Minutes: Who is Tengah FC, and why their bid to join the Singapore Premier League hangs in the balance
Having garnered headlines for their social media post about an “in-principle approval by FAS” to become the 10th team in the 2024 Singapore Premier League season, Tengah FC have come under scrutiny regarding their eligibility. So who are they? And how close are they to securing a spot in the domestic league? Deepanraj Ganesen, sports reporter with The Straits Times, has the details.
READ MORE:https://www.straitstimes.com/sport/football/fas-still-assessing-applicants-who-have-submitted-proposals-to-join-singapore-premier-leagueGot a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/22/2024 • 14 minutes, 15 seconds
Culture Club: Surprising destinations to consider in 2024
More than 55% of APAC-based travelers are keen to book a surprise trip where everything down to even the destination could be unknown until they arrive, according to Booking.com's latest ‘Travel Predictions’ research.
Today, we we take a look at some of the handpicked destinations to consider in 2024 with Laura Houldsworth, Managing Director of Asia Pacific, Booking.com.See omnystudio.com/listener for privacy information.
2/22/2024 • 45 seconds
Market View: UOB’s Q4 net profit up 21.8%; Wilmar International’s earnings; S-Reits’ distributions; Asian markets mostly up on forecast topping results from Nvidia; Taiwan chip firms expanding to Japan
Singapore stocks fell at the opening bell today, tracking overnight losses in global markets.
In early trade, the Straits Times Index (STI) declined 0.1 per cent to 3,215.09 points after 40.1 million securities changed hands in the broader market.
In terms of companies to watch, we have UOB, after the lender's net profit for the fourth quarter rose 21.8 per cent on higher net fee income and other non-interest income.
Elsewhere, from Wilmar International to S-Reits – more local companies are in focus. Also on deck - Nvidia’s earnings as well as moves by Taiwanese semiconductor firms to expand in Japan.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital. See omnystudio.com/listener for privacy information.
2/22/2024 • 13 minutes, 44 seconds
Why It Matters: Why isn’t getting protected against critical illness a bigger priority for Singaporeans?
Amid rising cancer cases among the young and old, as well as increasing healthcare costs, why is being sufficiently protected from critical illness not yet a priority for individuals in Singapore? AIA Singapore has newly launched the AIA Ultimate Critical Cover (AIA UCC) plan, which aims to address the challenges raised by Singaporeans for not getting additional CI coverage.
Irma Hadi-kusuma, Chief Marketing and Proposition Officer, AIA Singapore explains.See omnystudio.com/listener for privacy information.
2/22/2024 • 13 minutes, 44 seconds
Euro Watch: The death of Alexei Navalny , a reminder of Putin's paranoia?
Alexei Navalny, Russian President Vladimir Putin’s most formidable domestic opponent, fell unconscious and died on Feb 16 after a walk at the “Polar Wolf” Arctic penal colony where he was serving a three-decade sentence.
Was Putin's critic murdered? What does Navalny's death mean for a new era of Russian dictatorship, and how does his legacy impact the Russian opposition?
Dr Samir Puri, Associate Fellow, UK in the World Programme, Chatham House weighs in.See omnystudio.com/listener for privacy information.
2/22/2024 • 14 minutes, 11 seconds
Under the Radar: How did the creators of the world's first dog bed snag investments from Shark Tank's Mark Cuban and Lori Greiner?
Have you ever seen a dog tucked in his or her dog bed and napping so well that made you go “I wish I could be like him or her?”
Well, that could soon become reality for you, with one startup in the US building and selling what they call the world’s first dog bed, but for humans!
Founded in 2021, Plufl was started by two college students at the University of British Columbia when they were craving a nap after a long and exhausting day.
In fact, the two founders’ light bulb moment came when they spotted a Great Dane napping blissfully in the biggest dog bed they had ever seen.
But before you go, “does such a value proposition even work”? It does seem like that’s the case from what we’ve seen so far.
Just to illustrate, the co-founders launched a Kickstarter campaign in March 2022 to raise funds to produce their initial batch of human dog beds, after their TikTok videos gained attention among the social media community.
Half a year later, the firm managed to raise nearly $725,000 through its Kickstarter and IndieGogo campaigns.
What is even more interesting is that the firm managed to snag $200,000 in investments from Shark Tank judges Lori Greiner and Mark Cuban, for a 20 per cent stake in the company, in an episode aired in October 2022.
So what is Plufl’s business model exactly? What do profit margins look like and what is it about Plufl that allowed them to secure funds from the “sharks”?
Also – what is the strategic value brought about by having Lori Greiner onboard given her network in the QVC world?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Noah Silverman, Co-founder, Plufl.See omnystudio.com/listener for privacy information.
2/22/2024 • 15 minutes, 40 seconds
Sports Minutes: How the Budget 2024 financial boost will help emerging sports in Singapore
Emerging sports like tchoukball and powerlifting having been boosted by DPM Wong’s pledge of up to $20 million top-up at Budget 2024. How will this help these sports, and how much more needs to be done? To find out more, we hear from Singapore powerlifter Farhanna Farid, and are in conversation with Delane Lim, Tchoukball Association of Singapore president.
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/21/2024 • 12 minutes, 10 seconds
Culture Club: Banyan Group’s evolution from tourism to real estate with largest luxury housing project in Phuket
In celebration of its 30th anniversary, Banyan Tree Group is evolving its corporate umbrella brand to Banyan Group, which reflects the group’s evolution into a dynamic, multi-brand hospitality powerhouse.
With that, a landmark new eco-friendly residential community in Phuket aimed at the international community who are looking for second homes or primary residences on the Thai island has now launched international sales.
Developed by the Banyan Group, Laguna Lakelands is located on the Central West coast of Phuket next to Asia's biggest and most iconic integrated resort, Laguna Phuket.
Ho Kwon Ping, Founder and Executive Chairman of the Banyan Group shares more.See omnystudio.com/listener for privacy information.
2/21/2024 • 14 minutes, 43 seconds
Regional Roundup: Will Malaysia's govt help private entities revive the KL-SG high-speed rail?
Plans for the Kuala Lumpur-Singapore high-speed rail have hit another bump Malaysia is facing challenges to bring back the KL-Singapore HSR through the private sector as interested entities are seeking government support.
Yet, with new bids submitted to revive the KL-Singapore high-speed rail, government funding remains the missing link. Will the Malaysian government relent on its stance?
Adib Zalkapli, Director, BowerGroupAsia weighs in.See omnystudio.com/listener for privacy information.
2/21/2024 • 13 minutes, 54 seconds
Why It Matters: Will Singaporeans take upskilling seriously with Budget 2024's SkillsFuture upgrade?
Singaporeans know they need to reskill. The question is: how?In a world where the nature of work is constantly evolving, going back to school can seem like a daunting venture for the busy professional.
As highlighted by Deputy Prime Minister and Finance Minister Lawrence Wong in his Budget speech on Feb 16, it can be difficult for individuals who are busy making ends meet to take the initiative to upskill.
Dr Charles Ong, Dean and Head of School of Life Sciences PSB Academy shares how they offer an inclusive education model for students from all walks of life, echoing the government’s sentiments about boosting Singapore's workforce with ongoing learning and professional development.
See omnystudio.com/listener for privacy information.
2/21/2024 • 12 minutes, 8 seconds
Market View: SIA’s Q3 performance disappoints; Sasseur Reit’s Q4 DPU up 8.7% you, First Sponsor’s profits down 96.8%; Asian markets down, investors awaiting Nvidia earnings; FOMC minutes expectations; Banks overhaul, CitiGroup lifts CEO Jane Fraser’s pay by 6%
Singapore stocks fell this morning, tracking overnight losses in global markets.
In early trade, the Straits Times Index (STI) fell 0.6 per cent to 3,225.84 points after 40 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Singapore Airlines. The national carrier recorded a net profit of S$659 million for the third quarter ended Dec 31, 2023, rising 4.9 per cent from S$628 million in the corresponding year-earlier period.
Elsewhere, from expectations on the US Fed’s minutes to CitiGroup lifting CEO Jane Fraser’s pay by about 6 per cent to US$26 million as she overhauls the banking giant – more international headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Jeremy Tan, CEO, Tiger Fund Management.See omnystudio.com/listener for privacy information.
2/21/2024 • 13 minutes, 25 seconds
Under the Radar: How important are strategic partnerships to affiliate marketing and fintech firm Fave?
Put fintech, payments and affiliate marketing together – and you get a company called Fave.
Founded in 2015, Fave prides itself as Southeast Asia’s fastest growing platform that allows users to pay using QR codes and receive cashbacks on their digital transactions.
The firm also enables users to buy and redeem restaurant deals, spa, massage, travel and activity offers using its apps. It even provides eCards to customers to save on their purchases.
So far, the firm operates in 35 cities across Malaysia, Singapore and India with over 40,000 retailers and merchants and 20 million annual transactions.
But which is the most important revenue stream and geographical market for the Fave where money is concerned?
And with Southeast Asia’s digital economy tipped to see gross merchandise value hit US$1 trillion by 2030, what opportunities lie ahead of the firm?
Meanwhile, Fave is also seeing a number of exciting developments. For instance, Fave had in November last year said it was taking part in the Singapore Quick Response Code+ or SGQR+ POC (proof of concept) led by the Monetary Authority of Singapore.
The initiative aims to enhance interoperability between merchants and QR payment apps. But what does Fave’s participation mean when it comes to the dollars and cents?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Hayley Pang, Head of Strategic Partnerships, Fave.See omnystudio.com/listener for privacy information.
2/21/2024 • 23 minutes, 31 seconds
Sports Minutes: Could Solskjaer be the one to rescue Bayern? And why are Newcastle inflating Ash('s)worth?
Reports have emerged that ex-Manchester United manager Ole Gunnar Solskjaer is a shock potential interim solution should Bayern Munich part ways with the underfire Thomas Tuchel mid-season. Would it the right move? We hear from a Bayern fan to get their thoughts! Plus, Dan Ashworth's imminent arrival at Manchester United takes shape with Newcastle putting him on 'gardening leave' while both clubs negotiate a deal. If Ashworth is the answer to United's woes, what are the questions at hand? We discuss!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/20/2024 • 13 minutes, 27 seconds
Market View: Sembcorp Industries’ 15% yoy rise in net profit; Grab and Gojek reportedly restart merger talks; China lowers 5Y loan prime rate; Japanese firms log record quarterly profits; Toyota Motor affiliate reportedly cheated on engine emission tests; What to watch at ECB’s non-monetary policy meeting
Singapore shares fell at the opening bell today despite overnight gains in European markets.
In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,223.59 points after 27 million securities changed hands in the broader market.
In terms of companies to watch, we have for you Sembcorp Industries (U96):
The energy company posted a 15 per cent year-on-year rise in net profit to S$412 million for the second half of the year ended Dec 31, 2023.
Elsewhere from China lowering its five-year loan prime rate, to Japanese companies posting record quarterly profits – more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.See omnystudio.com/listener for privacy information.
2/20/2024 • 13 minutes, 45 seconds
China Perspective: Can China’s homegrown airliner compete with Airbus and Boeing?
China’s challenger to Airbus and Boeing’s passenger jets, the narrow-body C919 manufactured by the Commercial Aircraft Corporation of China (Comac), has made its first trip outside Chinese territory, staging a fly-by at the Singapore Airshow on Feb 18.
With its C919 aircraft, Beijing wants to challenge the decades-long dominance of Western plane-makers in the global passenger market while reducing its reliance on foreign technology.
Can China’s homegrown airliner compete with Airbus and Boeing? How will Comac position itself as a viable alternative?
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs explains.
See omnystudio.com/listener for privacy information.
2/20/2024 • 9 minutes, 54 seconds
Why It Matters: How technology is making construction safer
Singapore has one of the safest construction industries on earth, with the second lowest incident rate of any country, according to one recent study. Even so, there’s no doubt that construction sites are riskier workplaces than most.
Improvements to workplace safety should not be viewed as an end goal, and efforts to create safer workplaces will need to continue.
How can technology help industry players manage safety risks? How can Singapore’s construction firms effectively work with their existing workforce to integrate these technologies?
Sumit Oberoi, Senior Manager for APAC Construction Strategy at Autodesk explains. See omnystudio.com/listener for privacy information.
2/20/2024 • 9 minutes, 48 seconds
Culture Club: 'Her Courage Leaders Summit' to empower women entrepreneurs
In recent years, female entrepreneurship has been on the rise, with a growing number of women-owned startups making their mark in various industries.
In the lead up to this year’s International Women’s Day themed “Inspire Inclusion”, Lilian Ong, Founder of Class Living, a social enterprise, and Women of Courage Asia, Lilian Ong shares how she became a successful social entrepreneur in Singapore while overcoming her personal battles.See omnystudio.com/listener for privacy information.
2/20/2024 • 12 minutes, 35 seconds
Why It Matters: The transformative impact of AI in customer engagement
In today’s ultra-demanding marketplace, consumers expect more. But organisations often struggle to meet their demands. And when it comes to communication, a frustrating experience can be the difference between a sale and a disgruntled ex-customer.So how can companies better serve customers, boost the experience, and separate from the pack? Kate Liew, Senior Marketing Director, APAC explains.See omnystudio.com/listener for privacy information.
2/20/2024 • 10 minutes, 23 seconds
Under the Radar: What are the opportunities for startup venture Silicon Box as chiplet adoption rises?
Semiconductors have been the talk of the town for the past two years, have you heard of a new type of chip called chiplets?
Think of it this way. According to IBM Research, computer chips today are made using a technique called systems on a chip or SOC, where multiple computer functions such as general processing, data storage are put into a single chip.
While this way of building chips has worked well in the past, every chip comes with multiple functions, some of which that the customer may or may not need.
This means that it is not efficient to use such chips for high performance tasks such as AI computing or big data processing.
So what the chiplet technology does is to break apart the system into its composite function parts. These individual parts are called chiplets.
Chiplets could be mixed and matched on a module to then create chips with more efficient and specific functions, just like Lego blocks. They are in fact increasingly adopted by big tech firms such as Apple and AMD.
But why are we talking so much about chiplets today? Well, that’s because our guest is startup venture Silicon Box, which focuses on the semiconductor design of chiplets.
Started in 2021 by the founders of NASDAQ-listed chipmaker Marvell, the firm raised US$200 million in a Series B round this year. The firm said its valuation surpassed the US$1 billion mark, making it a unicorn less than three years after founding.
But how does the firm assess its valuation numbers and what are the key drivers of growth in the chiplets space?
Meanwhile, SiliconBox opened a US$2 billion facility in Tampines in July last year but what is the role of Singapore in its wider portfolio?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Mike Han, Head of Business, Silicon Box.See omnystudio.com/listener for privacy information.
2/20/2024 • 16 minutes, 28 seconds
Sports Minutes: Times up for Thomas Tuchel?
Bayern Munich’s latest 3-2 loss to Bochum capped off a nightmare week of three consecutive defeats for Thomas Tuchel. With Harry Kane under scrutiny and an 8-point game to Bundesliga leaders Leverkusen, the perennial German champions have plunged into deep crisis. Will Tuchel survive the season?
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/19/2024 • 12 minutes, 58 seconds
Market View: 13 SGX-listed firms that could benefit from Budget 2024; Olam Group’s review on Nigerian unit; Elite Commercial Reit posts 40.9% drop in H2 DPU
Singapore shares remained relatively unchanged at the opening bell this morning, the first trading day following Singapore’s Budget announcement on Friday.
The latest Budget focused on rolling out the first instalment of the Forward Singapore programme.
Singapore’s Budget 2024 set aside top-ups for cost-of-living support, businesses and housing support for young families. It also included the introduction of a new SkillsFuture programme and Refundable Investment Credit scheme for companies.
Local companies are in focus today as we deep dive into the 13 blue-chip stocks that could benefit from the measures announced.
Aside from that, we also have Olam Group after a review concluded by the food and agri-business giant has turned up no evidence that its Nigerian unit was involved in a multibillion-dollar fraud as reported by media outlets in 2023.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
2/19/2024 • 11 minutes, 32 seconds
Under the Radar: Scaffolds for bone regeneration – ASX listed Osteopore on being included by South Africa’s insurance scheme and deal with Temasek-linked InnoVentures to commercialise products in China
Today we’re going to talk about a company that makes scaffolds – not for buildings, but scaffolds that can be implanted into the human body for bones and tissues to grow.
Started in 1992, our guest is Osteopore, an Australian and Singapore based medical technology company commercialising a range of products specifically engineered to facilitate natural bone healing across multiple therapeutic areas.
One of the firm’s products included the Osteomesh, which is a mesh-like polymer scaffold that can be implanted into patients’ skulls to help them regenerate bone tissues that were taken out in surgical procedures.
Other products include those that can be used for rhinoplasty or a nose implant surgery, as well as those that can be used for jaw surgeries to help people eat and speak normally after injuries.
The firm was listed on the Australian Securities Exchange in September 2019 and had achieved a milestone of 80,000 implants across all major continents in 2022.
But how does Osteopore commercialise its products, and are its patients using its implants also its customers? How does it then assess its relationship with insurers?
Speaking of insurers, Osteopore announced in May last year that the most prominent medical scheme in South Africa, the Discovery Health Medical Scheme (DHMS) has approved the reimbursement of its Osteomesh product. But how big is the South African market to Osteopore and how important is this to the firm’s top and bottom lines?
Meanwhile, the firm had in September 2023 signed an agreement with Temasek-linked InnoVentures to commercialise Osteopore’s orthopaedic products in China, but how much money does this represent for the company?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Dr Lim Jing, Chief Executive Officer and Chief Technology Officer at Osteopore.See omnystudio.com/listener for privacy information.
2/19/2024 • 18 minutes, 28 seconds
Post Budget Exclusive: Did Budget 2024 fulfil Singaporeans' wish lists?
From workers to seniors, individuals to households, Budget 2024 has something for all Singaporeans to cope with cost-of-living pressures.
Deputy Prime Minister and Minister for Finance Lawrence Wong on Feb 16 unveiled a suite of support measures to tackle immediate cost-of-living worries for households and businesses, while laying out plans to strengthen economic competitiveness, support young families, and help workers stay relevant.
The Evening Runway's Elliot Danker and Finance Presenter Chua Tian Tian sat down with Alvin Liew, Senior Economist, UOB, Terence Ho, Associate Professor in Practice, Lee Kuan Yew School of Public Policy, National University of Singapore and Eugene Tan, Associate Professor of Law, Singapore Management University to unpack the goodies from Budget 2024, and find out how it advances the shared national vision.
See omnystudio.com/listener for privacy information.
2/16/2024 • 1 hour, 4 minutes, 59 seconds
Sports Minutes: Derby day awaits for Netball Singapore!
The Singapore National Netball team takes on cross-border rival Malaysia in a three-match test series scheduled for 15, 17 and 18 February 2024. Bragging rights are up for stake as the causeway rivals clash, so how is the host nation getting ready? We caught up with Aqilah Andin, vice-captain & K Mishalenee, to find out!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/15/2024 • 11 minutes, 59 seconds
Market View: SG NODX and GDP numbers; Keppel Pacific Oak US Reit down over 30%; SG Budget expectations; Taiex jumped to record high on TSMC surge; Airbus earnings and delivery plans; Well-known funds jumped into Nvidia at end of 2023
Singapore stocks rose this morning following news that gross domestic product growth in 2023 was 1.1 per cent, marginally down from advance estimates.
In early trade, the Straits Times Index (STI) gained 0.3 per cent to 3,147.35 points after 48.7 million securities changed hands across the broader market.
In terms of companies to watch, we have Keppel Pacific Oak US Reit, which declared no distribution for the second half year ended December, as part of its recapitalisation plan that suspends distribution for two years.
Meanwhile from more on Singapore’s GDP growth to its NODX numbers – local headlines are in focus today.
Also on deck – Airbus earnings and also how a surge in TSMC shares pushed Taiwan’s Taiex to a record high.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
2/15/2024 • 15 minutes, 4 seconds
Why It Matters: A misunderstood condition affecting countless women globally
In his annual Lunar New Year message, Prime Minister Lee Hsien Loon urged young couples to have more babies in the Year of the Dragon, as Singapore continues to battle a declining birth rate.
However, Singaporeans have cited several factors for having no or fewer babies such as high costs of living and raising children. But could there be medical reasons that could cause our low birth rate, such as endometriosis?
Dr Harvard Lin, Consultant Obstetrics-Gynaecologist and Urogynaecologist, from the Asian Obstetrics and Gynaecologic Centre weighs in.See omnystudio.com/listener for privacy information.
2/15/2024 • 9 minutes, 1 second
Under the Radar: Behind your salmon and trouts - an inside look into Danish aquaculture engineering firm Assentoft Aqua
It’s all about salmon and trout today as we talk to one of the suppliers of land-based fish farming facilities.
Founded in 2017, Assentoft Aqua is a Danish aquaculture engineering company.
It provides fish farmers with what’s known as RAS or Recirculatory Aquaculture Systems that save space, pipes and minimises carbon footprint and the amount of investment needed per produced ton of fish.
The firm has worked on about ten projects in Denmark, Norway, Canada, Ireland and Poland since the business started about seven years ago, with an annual production capacity of about 400 tonnes each.
Assentoft Aqua set foot in Singapore in July 2020, and was also behind a US$33m high-tech trout farm in Neo Tiew that could produce about 1,200 tonnes of rainbow trout every year. That’s about 25% of local farmed fish production in 2022.
But why did the firm decide to move into a relatively smaller market in Singapore, given how it was previously focusing on European and Nordic markets?
Meanwhile, with food supply chain resiliency thrust into the spotlight amid the pandemic, and countries around the world focusing on self-sufficiency, what does that mean for Assentoft when it comes to demand for modern farming facilities and systems?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Matthew Tan, Chief Executive Officer, Assentoft Aqua Asia.See omnystudio.com/listener for privacy information.
2/15/2024 • 19 minutes, 54 seconds
Sports Minutes: From Mattar to Melbourne, Singapore's Venetia Lim on her move to Australia
With two Deloitte Women’s Premier League titles for the Lion City Sailors' in the bag, Venetia Lim is no stranger to success. Buoyed by her exploits on home soil, the 20-year old is now embarking on a brave new adventure to Australia - to join Boroondara-Carey Eagles FC for the 2024 National Premier League Women’s Victoria (NPLW) season. How did the move down under come about, and how is she feeling ahead of the biggest challenge of her career to date? We caught up with her to find out!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/14/2024 • 10 minutes, 40 seconds
Culture Club: Viva La Veste! Masculine fashion throughout French history
Alliance Française de Singapour invites you to immerse in the world of fashion at “La Veste” exhibition, a part of the French Excellence programme, Couture.
Explore the artistry of the male blazer by renowned France-based and inspired fashion houses from the likes of Dior, Givenchy, Louis Vuitton, Yves Saint Laurent, and more.
Showcasing 42 men’s blazers from law professor and fashion photographer David Tan’s collection, La Veste offers a captivating exploration into the evolution of masculine fashion throughout French history.
Fabian Forni, Executive Director of Alliance Française de Singapour and Leonard Choo, Director of Industry Development, Singapore Fashion Council and Curator, La Veste shares more. See omnystudio.com/listener for privacy information.
2/14/2024 • 14 minutes, 3 seconds
Why It Matters: Dating icks and conversation killers, how do people in Singapore find love?
Poor manners and talking too much about oneself are Singaporeans biggest dating icks, according to recent surveys by global consumer research platform GWI.
Is that really true, or are we just too picky? Matt Smith, Trends Manager, GWI explains how people in Singapore and Asia Pacific approach love and dating, from dating preferences to the use of AI on dating apps.See omnystudio.com/listener for privacy information.
2/14/2024 • 10 minutes, 56 seconds
Market View: US consumer prices hotter-than-expected; SGX turnover value up 8% mom; CapitaLand Investment’s new private fund on coliving, serviced residence; Rex International down 10% after warning of net loss; Rakuten Bank’s shares up almost 13% after raising profit forecast; GlobalFoundries on chip supply glut; Walmart reportedly buying Vizio for over US$2b
Singapore shares fell at the opening bell today, following overnight losses in global markets. That’s as US consumer inflation slowed less than expected.
In early trade, the Straits Times Index (STI) fell 1.2 per cent to 3,103.34 points after 71.9 million securities changed hands in the broader market.
In terms of companies to watch for today, we have CapitaLand Investment, after the real estate investment manager has set up a new lodging private fund with a target equity size of US$600 million.
Elsewhere from Rex International being the hot stock of the day, to Rakuten Bank’s shares surging almost 13% – more corporate headlines are in focus.
Also on the table today, chip maker Globalfoundries’ Q1 forecast, and news of Walmart reportedly in talks to buy smart television manufacturer Vizio for over US$2 billion.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.See omnystudio.com/listener for privacy information.
2/14/2024 • 12 minutes, 50 seconds
Regional Roundup: Anies, Ganjar or Prabowo. Who could be Indonesia's next president?
Valentine’s Day this year will take on new significance for Indonesians, as they head to the polls today to determine who replaces Joko Widodo as their next president.
For the first time in 15 years, Indonesia is seeing a three-horse race for the presidency, with defence minister Prabowo Subianto, former Jakarta governor Anies Baswedan, and former Central Java governor Ganjar Pranowo in the running.
Who could be Indonesia's next president? And how will the results impact Indonesia’s future, as well as its relationships with its regional peers?
Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs weighs in. See omnystudio.com/listener for privacy information.
2/14/2024 • 15 minutes, 24 seconds
Under the Radar: Everything, everywhere all at once - BreadTalk unveils grand plan post delisting, sale of HQ to Lian Beng, new concepts and expansion plans
Today we’re going to talk about a company that you would have come in contact with on a day to day basis. Make a guess – this is a company that started as a bakery brand making pork floss buns.
Bingo if you’ve guessed Breadtalk. Founded in 2000, Breadtalk Group is now an F&B group with multiple concepts ranging from bakeries, restaurants and even food atriums.
With close to 700 retail stores spread across 16 markets in Asia, the Middle East and the United Kingdom, the company’s portfolio comprises direct owned brands such as BreadTalk, ToastBox, Food Republic, So Ramen and Thye Moh Chan.
The company also counts Din Tai Fung, Song Fa Bak Kut Teh and Wu Pao Chun Bakery as its partner brands. But why are we talking about a brand that most of us would know of? Well, the past four or five years have been full of changes for BreadTalk.
In 2019, the Group bought over food court operator Food Junction in a deal worth S$80 million to obtain additional revenue streams.
And in 2020, the firm’s founder George Quek offered to take the then SGX-listed firm private. It was also that year that the firm cut salaries temporarily amid the COVID-19 pandemic.
A year later, a consortium led by mainboard-listed Lian Beng Group bought over BreadTalk’s IHQ Building in Tai Seng in a S$118 million sale and leaseback deal.
Meanwhile, the firm also came up with new concepts like Tau Sar Piah brand Thye Moh Chan and First Street Teochew Fish Soup. It even unveiled a Toast Box Coffee House in Tiong Bahru last year.
It seems like there are many moving parts for the firm all happening within the past few years. But what were the reasons behind each of the moves, and how did the firm take the time to reconfigure its business and develop new revenue streams for the future?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Hoo Hoe Keat, Chief Business Officer, BreadTalk Group.See omnystudio.com/listener for privacy information.
2/14/2024 • 26 minutes, 18 seconds
Sports Minutes: Blue cards, Arsenal's title tilt & Alonso's audition for Liverpool job
With football’s lawmakers looking to introduce blue cards and sin-bins, with trials expected later this year - we discuss the merits of this latest 'innovation'. Also could Arteta's Arsenal crash the Manchester City-Liverpool Premier League duopoly?
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/13/2024 • 13 minutes, 49 seconds
Culture Club: Behind the million-dollar gaming chair business, TTRacing
When it comes to gaming accessories, some of the most popular ones out there are gaming chairs. However, high-end gaming chairs often come with a heavy price tag.
Gaming chair maker TTRacing is trying to change the status quo, make gaming chairs more accessible and showing that comfort doesn’t mean breaking the bank.
Henry Ting, Founder and CEO of million-dollar brand TTRacing, tell us more about turning his passion into profit.See omnystudio.com/listener for privacy information.
2/13/2024 • 13 minutes, 6 seconds
Market View: Nvidia briefly overtook Amazon; US January Core Inflation; S&P 500 rally – has it hit a wall?; Appetite for India IPO; Japan GDP slips to world’s 4th largest economy; Singapore’s Q4 GDP; Straco Corp’s FY 2023 net profit, expectations for CNY demand
Singapore shares rose at the opening bell this morning, following overnight gains in global markets.
In early trade, the Straits Times Index (STI) gained 0.3 per cent to 3,146.08 points after 41.2 million securities changed hands in the broader market.
In terms of companies to watch, James, we have Straco Corp. The tourism facilities operator said in its profit guidance that it expects to report a substantial net profit for FY2023, swinging into the black from the net loss reported in FY2022.
Meanwhile, economic developments are in focus, ranging from expectations on US core inflation in January to Q4 GDP growth rate expectations out of Japan and Singapore.
Also on deck today – the appetite for IPOs in India as well as Nvidia’s shares overtaking Amazon briefly in the previous session.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked these developments with James Cheo, Chief Investment Officer, Southeast Asia at HSBC Global Private Banking and Wealth.See omnystudio.com/listener for privacy information.
2/13/2024 • 14 minutes, 6 seconds
Why It Matters: Doctor Anywhere’s ‘Hospital without Beds’ vision advances with DA MedSuites
Doctor Anywhere has launched DA Orchard MedSuites, a flagship 12,000-square-foot integrated health screening and imaging centre. Beyond health screenings, DA MedSuites offers a tailored approach of combining medical diagnostics with practical lifestyle adjustments aimed at fostering overall well-being.
The arrival of DA Orchard MedSuites aligns with Singapore’s increasing focus on preventive health, especially with healthcare costs projected to triple to approximately S$27 billion by 2030.
Lim Wai Mun, Founder & CEO of Doctor Anywhere tells us more about DA's growth trajectory and vision of creating a ‘hospital without beds’. See omnystudio.com/listener for privacy information.
2/13/2024 • 11 minutes, 52 seconds
China Perspective: Can Singapore attract more Chinese tourists with the new visa exemption deal?
Singapore and China have agreed to a 30-day mutual visa-free entry for their citizens, close to two months after the proposal was first announced. The arrangement formally enters into force on Friday (Feb 9), the eve of Chinese New Year.
Could a new visa exemption arrangement renew Singapore’s appeal to Chinese tourists? And with Thailand also introducing its own visa exemption for Chinese travelers, is that bad news for Singapore?
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs weighs in.See omnystudio.com/listener for privacy information.
2/13/2024 • 10 minutes, 45 seconds
Under the Radar: STACS on integrating ESG data and helping firms tap green financing, working with the MAS
It’s all about helping smaller companies gain access to green financing today.
While companies may think that they need to collect vast amounts of data to track sustainability goals, the fact is that a bulk of that required may have already been tracked in their day-to-day processes.
This can be data on their electricity consumption, or carbon emissions, collected automatically through the firm’s existing fleet management or building management systems.
But how should firms go about extracting and making use of that data to obtain more capital?
Well, that’s the work of our guest STACS. Founded in 2019, Stacs is Asia’s leading ESG data and technology company.
It collates information from companies’ day-to-day operations as well as data providers like Refinitiv, and presents them in a user-friendly interface to help financiers better understand where the firm is at when it comes to meeting ESG goals.
For STACS, its interface is called the ESGpedia. Named after “Wiki-pedia”, the AI-enabled platform powers a number of sustainability related initiatives, including the Monetary Authority of Singapore’s Greenprint ESG Registry.
Currently, the platform covers over five million sustainability disclosure data points, with more than 180,000 companies’ sustainability data. This allows banks and corporates to access accurate, consistent and comparable data on one registry for financing purposes.
But how does it work exactly and how does STACS monetise its platform? Also – how much money is up for grabs for STACs in the near term?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Benjamin Soh, Managing Director, STACS.See omnystudio.com/listener for privacy information.
2/13/2024 • 23 minutes, 4 seconds
Sports Minutes: Nostalgia is the name of the game as Over-35 World Cup takes shape!
Ronaldinho, Thierry Henry & Mesut Ozil are amongst the stars who are set to headline a blockbuster line-up for an Over-35s World Cup, which is set to be hosted in England this June. The competition is set to feature eight past champions of the FIFA World Cup: England, Argentina, Brazil, France, Germany, Italy, Spain, and Uruguay.
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/9/2024 • 13 minutes, 10 seconds
Market View: S&P500 closed just shy of 5,000 mark; StarHub’s net profit up by some S$71 million yoy; Investors bullish on Uniqlo’s parent Fast Retailing; Oil prices up on concerns of broadening conflict in the Middle East; Hershey’s on price increases
Singapore shares fell at the opening bell this morning, after global equities turned out mixed showings overnight.
In early trade, the Straits Times Index (STI) fell 0.5 per cent to 3,128.75 points after 56.6 million securities changed hands in the broader market.
In terms of companies to watch today, we have StarHub. The mainboard-listed telco posted a net profit of S$72.9 million for its second half ended Dec 31, 2023, up from S$1.3 million the previous year.
Elsewhere from the S&P 500 ending the previous session slightly under 5,000 points to investors’ sentiments on Uniqlo owner Fast Retailing, more international and corporate headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
2/9/2024 • 11 minutes, 59 seconds
Sports Minutes: Pochettino 'buys time' with FA Cup win, but will he last the season at Chelsea?
Chelsea responded to a troubling week that has mounted the pressure on Pochettino by beating Aston Villa 3-1 in the FA Cup. But will it be a catalyst for the Blues' to turn their fortunes around? If not, will Pochettino last the rest of the season? We discuss that, and also preview the upcoming football fixtures with the Asian Cup and AFCON finals on the calendar for this weekend.
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/8/2024 • 14 minutes, 25 seconds
Culture Club: Attracting a robust local and foreign market amidst the recovering tourism industry
Amidst the backdrop of our recovering tourism industry, Skyline Luge Singapore is looking to cater to the demand for recreational activities and sustainable entertainment for post-pandemic travelers.
Skyline Luge Singapore has recently announced the launch of Ride the Beat, a new night time musical extravaganza.
Stephanie Besse, General Manager, Skyline Luge Singapore tells us more.See omnystudio.com/listener for privacy information.
2/8/2024 • 9 minutes, 53 seconds
Market View: Digital Core Reit issues new units; Yoma Strategic Holdings’ revenue up 36.4% for three months to Dec; China’s consumer prices fell at fastest pace since Global Financial Crisis; Gautam Adani’s fortune back above the US$100b mark; Chip maker Arm Holdings’ climbs 26% in late trading; PayPal forecasts flat 2024 earnings; OpenAI works on new software; Disney’s acquisitions
Singapore stocks opened lower today, bucking the global trend on a day which saw gains for stock markets worldwide.
In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,260.09 points after 104.4 million securities changed hands in the broader market.
In terms of companies to watch, we have Digital Core Real Estate Investment Trust.
The Reit issued 192 million new units at an issue price of US$0.625 per unit to raise gross proceeds of US$120 million today, following the private placement proposal the day before.
Elsewhere, from more earnings out of the US to China’s consumer prices falling at the fastest pace since the global financial crisis last month – more corporate and international headlines are in focus.
Also in store – how billionaire Gautam Adani took a year to return to the US$100 billion club of people.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
2/8/2024 • 10 minutes, 25 seconds
Why It Matters: The evolution of the medical devices sector in SEA, the key to healthcare transformation
In Southeast Asia, 62% of deaths result from noncommunicable diseases, with over 50% affecting those under 70, contributing significantly to premature mortality.
The question is, can we effectively curb chronic illness and premature mortality? How can the medical device sector reshape the next frontier in healthcare innovation, in 2024 and beyond?
Bijay Singh, Global Head, Business Unit Healthcare, DKSH explains.See omnystudio.com/listener for privacy information.
2/8/2024 • 11 minutes, 14 seconds
Under the Radar: How far is a "Swiss Utilitarian" positioning strategy working for Bally as it cuts its teeth in fashion?
Today we’re going to bring you an inside look into a luxury brand called Bally. This is a brand that many may have heard about but yet not exactly know about.
Some might think of Bally as a company with a rich heritage in shoemaking, but it was actually founded in 1851 as a family run ribbon factory, three years before Louis Vuitton was born.
The firm expanded rapidly as it industrialised its processes in 1854, and set up stores in Montevideo, Uruguay Paris and France. Today, Bally offers unique designs across shoes, accessories and ready-to-wear, driven by a dedication to craftsmanship and a contemporary aesthetic.
The company has a distribution network of over 320 retail stores and 500 multi-brand points of sale spanning across 60 countries worldwide, including a global e-commerce platform serving 58 countries.
Why are we talking about Bally you might ask? Well, the past five years or so have been a roller coaster ride, after a sale agreement in 2018 to Chinese textile company Shandong Ruyi fell through.
At that time, the brand is also one where people know, but yet are not compelled to purchase from, which meant challenges on top and bottom lines.
All of that meant a change in strategy for the firm’s management, which took the chance to reassess its positioning in the luxury wear industry and to transform the shoemaker into a luxury fashion powerhouse focusing on its Swiss utilitarian chic designs.
For one thing, the firm cut its teeth in clothings and had in September last year staged a joint fashion show in Milan with a new creative director.
The show was a hit and drew positive responses at a time when Gucci and Tom Ford – which by the way also had new creative directors lead their show – drew mixed responses. So how has a “Swiss Utilitarian” positioning strategy for Bally worked as it expands beyond shoes? What does it mean where money is concerned?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Nicolas Girotto, CEO, Bally.See omnystudio.com/listener for privacy information.
2/8/2024 • 27 minutes, 56 seconds
Culture Club: A Singapore collective making chess cool again
Did you try playing chess on your mobile phone after watching "The Queen’s Gambit” on Netflix to see if you might actually be a chess prodigy?
The Queen’s Gambit's viral moment may have passed, but for some young people out there, the game is still only heating up. Made up of a group of 20-something- year-olds, Aliwal Chess Club has been holding public chess meet-ups in Kampong Gelam since 2021.
Hirfan Romzi, Founder, Aliwal Chess Club tells us how they are making the game of chess cool again. See omnystudio.com/listener for privacy information.
2/7/2024 • 12 minutes, 34 seconds
Why It Matters: Is the 1.5-degree climate goal still realistic?
For years, the fight against climate change has been symbolised by one number, 1.5. But as global warming intensifies extreme weather events, the debate over the fate of 1.5°C is heating up in unprecedented ways. So Is the 1.5-degree climate goal still realistic?
Will McGoldrick, Regional Managing Director, Asia Pacific, The Nature Conservancy explains. See omnystudio.com/listener for privacy information.
2/7/2024 • 11 minutes, 34 seconds
Regional Roundup: Is Najib considering a new request for full pardon?
Former Malaysian prime minister Najib Razak is considering filing a new petition for a full pardon, less than a week after a special panel agreed to halve his jail sentence.
Najib, who was sentenced to 12 years in prison after being convicted in a case linked to the 1MDB scandal, had applied for clemency previously. But the pardons board, which is chaired by Malaysia’s king, opted last week to reduce his sentence. Will Najib's new request for full pardon be granted?
Dr Mustafa Izzuddin, Senior International Affairs Analyst, Solaris Strategies Singapore explains. See omnystudio.com/listener for privacy information.
2/7/2024 • 10 minutes, 18 seconds
Market View: DBS’ earnings, CEO Piyush Gupta’s pay cut; CapitaLand Investment acquires more assets in SEA; China’s SMIC on semiconductor industry; TeamViewer earnings; Ryde guarantees weekly earnings for drivers.
Singapore stocks climbed this morning, after global equities rallied overnight.
In early trade, the Straits Times Index (STI) rose 0.9 per cent to 3,153.46 points after 73.5 million securities changed hands in the broader market.
In terms of companies to watch, DBS reported net profit of S$2.27 billion for the fourth quarter ended December, 3 per cent lower than the S$2.34 billion recorded in the year-ago period.
Elsewhere, from CapitaLand Investment acquiring assets in Singapore and Bangkok, to China’s largest chipmaker Semiconductor Manufacturing International Corporation or SMIC’s earnings, more corporate headlines are in focus.
Also on deck – developments at German software maker TeamViewer and US ride hailing firm Ryde.
On Market View, The Evening Runway team unpacked some of the key headlines for the day.See omnystudio.com/listener for privacy information.
2/7/2024 • 12 minutes, 33 seconds
Under the Radar: DocuSign on resumption of in-person meetings and impact on finances; potential leveraged buyout by Bain Capital and Hellman & Friedman
Today we’re going to talk about a company whose products and services are used by over 1.4 million customers and over a billion users in more than180 countries.
Make a guess – how does eSignature company DocuSign sound? Founded in 2003, DocuSign is a pioneer of electronic signatures and helps businesses automate how they prepare, sign, act on and manage agreements. Put simply, it is a tech firm that allows users to digitally sign in a secure manner.
DocuSign’s platforms currently have over 400 pre-built integrations with popular business applications, and is also able to seamlessly connect with customers’ websites, mobile apps and custom workflows.
The firm sees millions of transactions a day and counts some of the biggest corporations as its customers – with Singtel, CapitaLand, Canva, Tokopedia and Guzman Y Gomez among those using its services.
In particular, it saw a boom in demand over the pandemic as businesses shifted their operations online. But with the resumption of in-person meetings post-pandemic, what will this mean for DocuSign when it comes down to finances?
Speaking of the future, the firm is doubling down on innovation. One of its most recent features allows users to send real-time notifications on WhatsApp that directly link to agreements to enable quick and secure signing. But how crucial is innovation to top and bottom lines for DocuSign?
Meanwhile, - Reuters reported in January that Bain Capital and Hellman & Friedman are competing to acquire the firm with a market value of about US$12.5 billion. But what can we expect on this front?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Shaun McLagan, Group VP and General Manager for APJ, DocuSign.See omnystudio.com/listener for privacy information.
2/7/2024 • 24 minutes, 46 seconds
Sports Minutes: Will the Ferrari gamble pay off for Lewis Hamilton?
Having shocked the world with the decision to swap the Silverarrows for the Scuderia in 2025, Lewis Hamilton has taken a massive gamble in search of a sensational swansong. Was this a calculated punt, and what were the deciding factors? And will the 7-time World Champion clinch that elusive 8th title in the famous red of Ferrari? Matthew Marsh, ex-racing driver and F1 analyst, weighs in!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/6/2024 • 23 minutes, 26 seconds
Market View: China pledges to stabilise markets after rout; Freefall in Alibaba’s shares; McDonald’s said to open 1,000 more outlets in China; DPU of CapitaLand Integrated Commercial Trust, Paragon Reit; UBS Q4 earnings beat expectations amid acquisition of Credit Suisse; US, Europe banking sector outlook
Singapore stocks began trading in negative territory this morning, following overnight losses in global equity markets.
In early trade, the Straits Times Index (STI) declined 0.2 per cent to 3,128.97 points after 112 million securities changed hands in the broader market.
CapitaLand Integrated Commercial Trust is in focus today after it posted a distribution per unit (DPU) of S$0.0545 (5.45 Singapore cents) for the second half ended December 2023, up 1.7 per cent from the previous corresponding period.
Meanwhile from McDonald’s deepening its presence in China to more on e-commerce giant Alibaba, more international and corporate headlines are in store.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Market Analyst, OANDA.See omnystudio.com/listener for privacy information.
2/6/2024 • 15 minutes, 50 seconds
Why It Matters: Crypto crime investigation tips, from start to recovery
2023 was a year of recovery for cryptocurrency, as the industry rebounded from the scandals, blowups, and price declines of 2022.
With crypto assets rebounding and market activity growing over the course of 2023, many believe that crypto winter is ending, and a new growth phase may soon be upon us. But what does all these mean for crypto crime?
Ian Lee, Founding Team and Product Lead, Merkle Science tells us more.See omnystudio.com/listener for privacy information.
2/6/2024 • 11 minutes, 15 seconds
China Perspective: Trouble brewing for China as Trump potentially makes a comeback
From Republican presidential candidate Donald Trump saying he would impose tariffs on China again if he is elected in November to Australian writer Yang Hengjun sentenced to death on China spy charges.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more, See omnystudio.com/listener for privacy information.
2/6/2024 • 8 minutes, 7 seconds
Under the Radar: A stock market, but for sneakers – StockX on its dynamic pricing mechanism, navigating its relationship with brands; plans for an IPO
The market for hard-to-find fashion and electronics is heating up with Gen Z and millennials consumers increasingly valuing self-expression and individuality.
And one way for consumers to purchase these rare items is through the secondary market and in particular through e-commerce platforms.
But in a situation where the supply is limited and demand is high, how do consumers determine what is a fair price to pay for the items, and if the product they purchased is authentic?
Well, that’s exactly the work of our guest for today, StockX. Founded in 2016 in Detroit, StockX is a global platform for trading and consuming current culture.
It provides access to high-demand products like sneakers, shoes, apparel, electronics and collectibles that are often unavailable at traditional retailers.
For one thing, its product catalogue consists of over 200,000 products from hundreds of brands including Jordan Brand, adidas, Nike, Supreme, Off-White and Louis Vuitton.
The marketplace also connects buyers and sellers using dynamic pricing mechanics, just like the stock market, allowing users to buy and sell their most coveted items at their true market price. All products sold via the platform will also need to be sent to StockX to be verified for their authenticity and quality before payment is released to sellers.
So far, the firm said it has facilitated over 50 million lifetime trades with an average of 30 million visitors to its platform every month in the year of 2023. Also – which are the top traded and fastest growing brands, and how does the firm navigate its relationships with these brands?
In terms of corporate developments, the company’s valuation jumped to US$3.8 billion in April 2021 after it closed a US$195 million secondary tender offering and an additional US$60 Series E-1 primary shares.
But how is valuation looking like three years down the road, and any IPO plans for private investors to cash out?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Greg Schwartz, President & Chief Operating Officer, StockX.See omnystudio.com/listener for privacy information.
2/6/2024 • 24 minutes, 6 seconds
Sports Minutes: Arsenal blow Premier league title race wide open; Chelsea go from bad to worst
Arsenal's 3-1 win over Liverpool has blown the Premier League title race - with 3 teams now in the mix. Reigning champions Manchester City, who have a couple of games in hand, remain the favourites amongst bookmakers - but can the Gunners spring a surprise? Plus Chelsea's season hit a brand new low after yet another defeat. Will Pochettino last the season?
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/5/2024 • 13 minutes, 36 seconds
Market View: Tributes pour in for late banking Tycoon Wee Cho Yaw; Pan-United Corporation’s partnership with Keppel, Shell-backed Cleantech Solar; Singapore’s retail sales down 0.4% yoy in Dec; China’s investment into BRI countries highest since 2018; Hyundai Motor explores IPO for Indian unit; Potential delays for undelivered 737 MAX airplanes
Singapore stocks fell during early trade today, led by declines from the banks.
In early trade, the Straits Times Index (STI) declined 1.2 per cent to 3,143.33 points after 53.6 million securities changed hands in the broader market.
In terms of companies to watch, we have Pan-United Corporation. The ready-mix concrete provider today said it will partner Cleantech Solar for a project that installs 900 solar panels on top of Pan-United’s Kaki Bukit operational headquarters in Singapore, and its slag grinding plant in Johor, Malaysia.
Elsewhere from China’s investment into the Belt and Road Initiative rising to the highest since 2018 last year, to a potential IPO by Hyundai Motors Indian unit worth at least US$3 billion to a new quality glitch at Boeing – more international headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
2/5/2024 • 12 minutes, 5 seconds
Culture Club: Refining desserts with a special White Rabbit twist
The memory of eagerly unwrapping a White Rabbit candy and munching on the edible rice paper before popping the sweet into our mouths is likely one that most of us can relate to.Hao Food SG is the exclusive importer of White Rabbit ice cream in Singapore and has worked with White Rabbit to bring us new food items and collaborations.Lydia Kuan, Director, Hao Food SG tells us more. See omnystudio.com/listener for privacy information.
2/5/2024 • 13 minutes, 15 seconds
Why It Matters: Lunar New Year shopping period, how its a pivotal opportunity for Singapore retailers
As a dominant e-commerce player in Southeast Asia, Singapore has seen a significant transformation over recent years. The journey of the consumer has also now increasingly intertwined the online and offline, each providing unique benefits.
With Lunar New Year celebrations and shopping coming up, what are consumers’ retail pain points and preferred payment methods in recent times and how can retailers enhance their customers’ shopping experience?
Warren Hayashi, President of Asia-Pacific, Adyen shares more.See omnystudio.com/listener for privacy information.
2/5/2024 • 9 minutes, 38 seconds
Washington Report: Trump floats Chinese Goods tariff exceeding 60% if elected. More pain than gain?
Former US President Donald Trump said he might impose a tariff on Chinese goods of more than 60 per cent if elected, signalling an increasingly hawkish tone against the top supplier of goods to the United States. Is Trump trying to start a trade war with China?
In other news, the US launched airstrikes in Iraq and Syria against more than 85 targets linked to Iran's Revolutionary Guard and militias it backs, reportedly killing nearly 40 people, in retaliation for a deadly attack on US troops. Will the Biden administration face any criticism? What's next? Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College weighs in.
See omnystudio.com/listener for privacy information.
2/5/2024 • 11 minutes, 25 seconds
Under the Radar: All about AI powered, single-serve pizzas – GOPIZZA on profitability, positioning and its aggressive expansion in Asia, US
Today we’re going to bring you an inside look into a pizza company that grew from a food truck from South Korea to a so-called ‘baby unicorn’ by South Korea’s Ministry of SMEs and Startups.
Founded in 2016, GOPIZZA is an AI powered single serve pizza brand that was known for the incorporation of technology in its operations.
For one thing, it developed a parbaked dough recipe and an oven called Goven that allows pizza dough to be pre-made in factories and heated up within a matter of minutes at outlets, allowing pizzas to be served at a fast pace – just like hamburgers.
Aside from that, the startup also uses a smart AI topping table that guides employees on what toppings to put on their pizza and even has a camera that monitors and rates employees on how well they make their pizzas to ensure standardisation.
The firm opened its first brick-and-mortar outlet in 2018 and has since expanded to some 200 stores across South Korea, Singapore, India and Indonesia as of the end of last year. But how profitable is it to operate such a tech-enabled pizza chain?
How does the firm position itself against traditional pizza chains, as well as newer entrants with similar propositions?
Meanwhile, GOPIZZA is also on the charm offensive to expand globally and in particular in Thailand and the US. But what opportunities does it see in the markets and how will its VC backers, the likes of Mirae Asset Securities and CJ Investments support the firm’s growing ambitions?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Jay Lim, Founder and CEO, GOPIZZA.See omnystudio.com/listener for privacy information.
2/5/2024 • 23 minutes, 9 seconds
Sports Minutes: Will Tsutoma Ogura shake off 'the baggage' from his fellow Japanese predecessors?
Unveiled as the new director for both Singapore’s senior and Under-22 men’s teams, Tsutoma Ogura will be looking to buck the trend of his two compatriots who last filled the hot seat. So why have FAS got down the Japanese route again? And what are the challenges that lie ahead for the 57-year old? Deepanraj Ganesan from The Straits Times weighs in!
READ MORE:https://www.straitstimes.com/sport/football/lions-turn-to-japan-again-tsutomu-ogura-to-coach-singapore-national-football-team
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/2/2024 • 15 minutes, 19 seconds
Culture Club: From selling kaya to empowering local home cooks. 13 local MasterChefs are already onboard
When was the last time you had a hearty, honest-to-God home-cooked meal? For busy working professionals who are not living with their parents, home-cooked food can be a luxury.
Terence Ong, who was studying and running his own kaya business a few years back in Canada, experienced this firsthand. And that simple thought sparked his inspiration for BlockChef, a local community marketplace that empowers independent home cooks.
And it is already setting the stage with some of the best local home cooks and chefs. The launch lineup features a stunning list of 24 talented home-based food creators and 13 MasterChefs.
Terence Ong, CEO and Co-Founder of BlockChef explains.
See omnystudio.com/listener for privacy information.
2/2/2024 • 13 minutes, 35 seconds
Regional Round Up: Could Anwar benefit from Najib's partial royal pardon?
Malaysia's Pardons Board has announced that former Prime Minister Najib Razak's jail sentence for corruption has been reduced from 12 to six years. The fines imposed on him will also be reduced to RM50 million (S$14.2 million) from RM210 million.
Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs discuss this headline with us. See omnystudio.com/listener for privacy information.
2/2/2024 • 10 minutes, 59 seconds
Market View: DBS to merge treasury markets, equity capital markets, brokerage, digital exchange; DPUs from CapitaLand Ascendas Reit, Parkway Life Reit; PBOC provides 150b yuan of low-cost funds to housing, infrastructure projects; Amazon and Meta soars; Meta’s first dividend; TikTok vs Universal dispute
Singapore shares climbed at the market open today, tracking overnight gains on Wall Street.
In early trade, the Straits Times Index (STI) rose 0.5 per cent to reach 3,158.38 points after 48.1 million securities changed hands in the broader market.
In terms of companies to watch today, we have DBS. The bank said it will merge its equity capital markets, brokerage DBS Vickers and DBS Digital Exchange with its treasury markets business from March.
Elsewhere from Meta announcing its first dividend to China’s central bank adding 150 billion yuan in cheap housing funds, more international headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
2/2/2024 • 9 minutes, 21 seconds
Why It Matters: Google Cloud collaborates with SG's government to establish an open and trusted global AI hub
But while the existence of some AI platforms ChatGPT might have been beneficial to some organisations, what if they can build their own AI solution?
Google Cloud, along with The Ministry of Communications and Information (MCI), Digital Industry Singapore (DISG), Smart Nation Group (SNG), and Enterprise Singapore (EnterpriseSG) has recently launched a series of joint initiatives and updates aimed at advancing Singapore’s second National AI Strategy (NAIS 2.0).
Caroline Yap, Managing Director, Global AI Business, Google Cloud tells us more about these initiatives. See omnystudio.com/listener for privacy information.
2/2/2024 • 13 minutes, 58 seconds
Weekly Wrap Up: Singapore's retrenchments more than double in 2023, will this trend stay?
Retrenchments in Singapore more than doubled in 2023 from the previous year to 14,320, even as the overall unemployment rate fell slightly. Total employment growth for the full year of 2023 slowed amid weaker economic conditions, following a sharp post-pandemic rebound in 2022.
So should we expect this trend to stay?
Rahul Chawla, Partner & Head of Human Capital Solutions, Southeast Asia, Aon shares his views. See omnystudio.com/listener for privacy information.
2/2/2024 • 11 minutes, 42 seconds
Under the Radar: Japanese satellite startup Synspective on the growing need for earth observation, disaster management, MoUs with public sector clients in Central Asia
Satellite technology has brought about a number of benefits for people on the ground, such as improved weather forecasting and communications.
In particular, a type of satellite called the Synthetic Aperture Radar or SAR satellites, can monitor ground activity 24/7 and penetrate rain, smoke and cloud cover, allowing governments to monitor weather conditions such as tropical storms and wildfires.
And that’s exactly what our guest does. Established in 2018, Synspective is a Japanese end-to-end satellite data and solution provider. The startup has a SAR satellite constellation that enables high-frequency and high-resolution Earth observation.
It combines the data collected with machine learning and data science techniques to derive insights on issues such as flood damage, land displacement and forestry inventory management. The insights are then provided to both private and public sector clients, such as government agencies.
But why are we speaking to Synspective? Well, the firm is seeing a number of interesting developments of late.
For one thing, it was awarded a 4.1 billion yen grant by the Ministry of Economy, Trade and Industry Japan to develop innovative applications using SAR satellites as at the end of 2023. So what can we expect on this front?
Meanwhile, the startup also signed an agreement with Uzbekistan’s Centre for Space Monitoring and Geoinformation Technologies and the national space agency of Kazakhstan, the Kazakhstan Gharysh Sapary in January to carry out research or develop new applications to collect data for disaster management. But how far is Central Asia a bright spot for Synspective?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Vincent Kessler, General Manager Synspective SG.See omnystudio.com/listener for privacy information.
2/2/2024 • 20 minutes, 19 seconds
Sports Minutes: Have FFP rules ruined transfer windows forever?
With greater policing of FFP & Profitability and Sustainability, clubs across Europe have had their purse strings tightened. Heading into the final day of the window, only 17 players have been signed by Premier League clubs in January, with 10 permanent transfers, seven loan deals and disclosed fees of about £50m. The outlay in January 2023? A a record-breaking £843m! We speak to James Walton, Sports Business Group Leader with Deloitte Asia, to find out more!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
2/1/2024 • 14 minutes, 1 second
Culture Club: From remittance house to luxury hotel at 21 Carpenter
It’s always a challenge to restore a heritage building, and it can be a fine balance between preserving links to the past and embracing the future. But there’s a new hotel in Singapore that’s doing just that!
21 Carpenter breathes a new lease of life into the former Remittance House, Chye Hua Seng Wee Kee, dating back to 1936.
Tarun Kalra, General Manager of 21 Carpenter tells us more about the hotel's unique selling point and how they are staying ahead of industry trends for the new generation of travelers.See omnystudio.com/listener for privacy information.
2/1/2024 • 11 minutes, 46 seconds
Market View: Hawkish than expected tone from Fed chair Jerome Powell; TikTok, Meta, Snap, Discord – Big tech CEOs testifies on child safety; Keppel’s 2.5% rise in net profit for 2H23; SGX’s net profit for 1H23 down 1%; Qualcomm’s forecasts better-than-expected 2Q profits, concerns over Android sales,
Singapore stocks began trading in negative territory this morning, following overnight losses on Wall Street amid earnings releases.
In early trade, the Straits Times Index (STI) headed down 0.8 per cent to 3,127.06 points, after 97.8 million securities changed hands in the broader market.
In terms of companies to watch, we have Keppel, after the asset manager posted a 2.5 per cent rise in net profit to S$439.9 million for the second half ended Dec 31, 2023.
Elsewhere, from the language used in the Federal Reserve’s latest post meeting comments, to big tech CEOs grilled by US officials, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital. See omnystudio.com/listener for privacy information.
2/1/2024 • 11 minutes, 50 seconds
Why It Matters: Helping more female leaders claim their rightful seats in the boardroom
Women account for almost half the working population, yet this is the stark opposite of the actual representation in boardrooms of major companies worldwide. Singapore is no exception, despite positive policies and changing attitudes, women's advancement in corporate leadership lags behind other developed markets.
As of June 2023, women held only 22.7 percent of board seats in top 100 listed companies in Singapore.
Junie Foo, President, Singapore Council Of Women's Organisations (SCWO) & Co-Founding Chair, BoardAgender tells us more about the non-profit's efforts to help female leaders get a seat in the boardroom.
See omnystudio.com/listener for privacy information.
2/1/2024 • 10 minutes, 49 seconds
Euro Watch: Who can beat Russia's Vladimir Putin?
Long lines have popped up in Russia and beyond to get Boris Nadezhdin, an anti-war candidate, onto the ballot for Russia’s presidential election in March. Mr Nadezhdin is running against Vladimir Putin, who has headed Russia since the beginning of the millennium.
Will the Kremlin allow an anti-war candidate to run for the presidency? On the other hand, what does Putin's unsurprising re-election bid mean for Russia's future?
We find out from Dr Samir Puri, Associate Fellow, UK in the World Programme, Chatham House.See omnystudio.com/listener for privacy information.
2/1/2024 • 13 minutes, 33 seconds
Under the Radar: AIMCo, BlackRock backed Seraya Partners sheds light on its US$800m Asia-Focused Infrastructure Fund
Investing in next-generation infrastructure for the future – that’s what we’re going to talk about today.
Named after the tallest tree in Singapore, Seraya Partners is a Singapore headquartered private equity firm that focuses on mid-market Asia infrastructure.
The firm invests in areas such as digital infrastructure and the energy transition, and aims to address what it describes as “the region’s burgeoning trillion dollar infrastructure gap” amid mega trends such as intensive climate change, rapid urbanisation and ageing infrastructure.
So far, the Seraya Partners raised S$800 (or S$1.08 billion) for its Asia infrastructure fund that focuses on digital infrastructure and energy transition investments in what’s said to be an oversubscribed round.
The PE company said it secured capital from global institutional investors including sovereign wealth funds, pension funds, insurers and family offices in North America, Europe and Asia Pacific.
Limited partners included Asian Infrastructure Investment Bank, Alberta Investment Management, as well as funds and accounts managed by BlackRock.
The firm added that 50 per cent of funds had already been allocated to data centre operator Empyrion DC, offshore wind farm vessel operator Cyan Renewables and solar, wind and energy solutions developer Astrid Renew.
But how much money is in this pool? What is the ROI expected by the participants in its Asia infrastructure fund? Also – where is the firm looking to deploy the remaining funds?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to James Chern, CIO and Managing Partner, Seraya Partners. See omnystudio.com/listener for privacy information.
2/1/2024 • 25 minutes, 18 seconds
Sports Minutes: Peter de Roo on his philosophy, plans for 2024 & the state of Singapore football
Having led Balestier Khalsa to a top-four finish in the Singapore Premier League, equaling the team's highest ever finishing position, in his first full season at the helm - Tigers' head coach Peter de Roo is already plotting to do better in 2024. We caught up with the Dutchman on how his revolution is taking shape, new signings for the new season and on the vacant managerial position of the Singapore National team.
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
1/31/2024 • 15 minutes, 23 seconds
Why It Matters: It's getting too hot, time to build a sustainable future
Top global CEOs from real estate and other industries have pledged to reduce building-related emissions by at least 50% by 2030, according to the World Economic Forum.
That's important because the built environment sector generates 39% of annual global CO2 emissions, whileglobal floorspace is projected to double by 2060.
We speak with Lak-shita Wijera-thne, CEO of Eutech Cybernetic, which owns iviva to find out more about the dynamic intersection of real estate, sustainability and technology.See omnystudio.com/listener for privacy information.
1/31/2024 • 13 minutes, 21 seconds
Culture Club: Giving local performing groups a 'XReality' boost
Avventura, local creative tech firm focused on pioneering immersive experiences, spearheads the DanceXR Showcase to enhance local performing arts experiences through extended reality. Supported by the National Arts Council, this series unfolds during the National Library Board’s PRESSPLAY biennial arts festival from January to February 2024.
We speak with Christopher Chew, Founder, Avventura to find out how this technology serves as a gateway to creativity, and why XR performances can future-proof the performing arts industry.
See omnystudio.com/listener for privacy information.
1/31/2024 • 14 minutes, 2 seconds
Market View: Seatrium’s profit guidance; Guocoland’s earnings; China’s manufacturing activity; Philippines overtakes Vietnam, Malaysia to be Southeast Asia’s fastest growing economy in 2023; US earnings - Microsoft, Alphabet, Starbucks; PayPal’s layoffs; Elon Musk’s pay package tossed
Singapore stocks remained relatively unchanged at the opening bell today, after a muted performance of global equities.
In early trade, the Straits Times Index (STI) edged down a marginal 0.01 per cent to reach 3,149.76 points after 64.1 million securities changed hands in the broader market.
In terms of companies to watch, we have Seatrium, after the offshore and marine group said in its profit guidance that they expect a financial loss for FY2023, that is “significantly higher than the previous year”.
Elsewhere, from more on China’s manufacturing activity, to the Philippines overtaking Vietnam and Malaysia to become Southeast Asia’s fastest growing economy last year – more international headlines are in focus today.
Also on deck today – a deep dive into earnings from Microsoft, Alphabet and Starbucks, and layoffs over at PayPal.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Redmond Wong, Global Market Strategist, Saxo.See omnystudio.com/listener for privacy information.
1/31/2024 • 12 minutes, 20 seconds
Regional Roundup: Did Najib get himself a partial royal pardon?
From official sources saying that former Malaysian prime minister's Najib Razak’s jail term getting halved from 12 to six years to Johor’s Sultan Ibrahim Iskandar of Johor taking over the reins as the country’s Agong.
Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
1/31/2024 • 12 minutes, 56 seconds
Culture Club: The driving force behind Funan's Creative Intersections: Traces of Dragons 2024
As we celebrate creativity and artistic brilliance this Singapore Art Week 2024, Funan has recently unveiled its fourth instalment of Creative Intersections: Traces of Dragons.
It is a mall-wide art exhibition to showcase contemporary works by 16 local artists, brand collaborations and interactive activities which have been inspired by the Year of The Dragon.
We speak to the driving force behind Funan's Creative Intersections: Traces of Dragons 2024, Justin Loke, Director, Vertical Submarine who tells us more. See omnystudio.com/listener for privacy information.
1/30/2024 • 10 minutes, 31 seconds
Market View: China Evergrande’s liquidation; Mapletree Pan Asia Commercial Trust, CapitaLand India Trust and CapitaLand China Trust’s DPU; Grab captures 55% of SEA food delivery market; Tencent’s Pony Ma on AI, video games; US Fed rate decision; Mega tech earnings; Elon Musk on Neuralink’s first human implant
Singapore shares started on a positive note today, mirroring Wall Street stocks’ overnight advances.
In early trade, the Straits Times Index (STI) rose 0.4 per cent points to 3,253.14 points after 42.9 million shares changed hands in the broader market.
In terms of companies to watch for today, we have Mapletree Pan Asia Commercial Trust. The trust’s distribution per unit (DPU) fell 9.1 per cent to S$0.022 (2.2 Singapore cents) for its third quarter ended Dec 31, 2023.
Meanwhile, from expectations on the Fed’s messaging in its latest policy meeting to more on Elon Musk’s Neuralink, more international headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.See omnystudio.com/listener for privacy information.
1/30/2024 • 12 minutes, 51 seconds
Why It Matters: In a rapidly evolving landscape of financial technology, how does AI fit in?
Dow Jones has announced its partnership with global management consulting firm Oliver Wyman to launch Factiva Sentiment Signals. This platform will be an industry-leading corporate risk solution that deploys news-derived data to help businesses predict credit downgrades up to three months in advance.
Traci Mabrey, General Manager of Factiva, Dow Jones tells us more about this unique, predictive solution. See omnystudio.com/listener for privacy information.
1/30/2024 • 11 minutes, 20 seconds
China Perspective: Evergrande's liquidation, what comes next?
From Evergrande being ordered to liquidate by a Hong Kong court to China tightening its financial industry rules.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
1/30/2024 • 11 minutes, 41 seconds
Under the Radar: All about noodles - Tam Jai International on its quest to expand globally and into Western markets
It is all about the bowl of noodles we eat as we speak to one of the leading restaurant groups in Hong Kong today.
Bingo if you’ve guessed Tam Jai International, the company behind the TamJai Yunnan Mixian, Tam Jai SamGor Mixian and Japanese udon brand Marugame Seimen.
Listed on The Stock Exchange of Hong Kong Limited since October 2021, Tam Jai International has rapidly expanded its global reach and has a footprint of over 200 stores across markets such as Hong Kong, Mainland China, Singapore and Japan.
In Singapore, the firm has 11 stores under the brand name TamJai SamGor. But how far is this done through a franchise model?
Which is the most important geographical market for the firm for TamJai International? Also – how far has the export of other brands such as LuckIn Coffee and Mixue helped improve the reception of products like Mixian in markets outside of the Greater China region?
Speaking of expansion, the firm recently entered into a joint venture agreement with ST Group Food Industries Holdings to expand into Australia, marking the Group’s first foray into a Western market and through a franchise model.
The Group also announced a potential franchise partnership with a subsidiary of Philippine conglomerate Suyen Corporation on its proposed entry into the Philippine market.
But what can we expect on this front and how far will a franchise model reshape Tam Jai International’s growth trajectory?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Daren Lau, Chairman, Executive Director and CEO, Tam Jai International.See omnystudio.com/listener for privacy information.
1/30/2024 • 20 minutes, 9 seconds
Sports Minutes: What next for Liverpool after Jurgen Klopp's shock annoucement?
The news that Jurgen Klopp is set to leave Liverpool at the end of this season has undoubtedly rocked the football world. What is the legacy the enigmatic German leaves, will his team finish the season strong to give him a fitting farewell, and how will the Reds' hierachy replace their seemingly irreplaceable manager? We caught up with Liverpool legend John Arne Riise to canvass his thoughts!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
1/29/2024 • 16 minutes, 23 seconds
Culture Club: The journey into creative production in Asia, being a survivor in life and career
Trying to find success in one’s career is already a tough journey on its own. For our next guest, while he was on his quest to find success in work, he was hit by a diagnosis of stage four colorectal cancer.
Desmond Tan, Film Director, Creative Partner & Founder, Atypicalfilms shares his story.See omnystudio.com/listener for privacy information.
1/29/2024 • 13 minutes, 55 seconds
Market View: MAS keeps policy settings unchanged; CapitaLand Ascott Trust’s DPU up 14.4% yoy; Hong Kong court orders China Evergrande Group’s liquidation; China approves 40 AI models for public use; Samsung Electronics to feature Baidu’s Ernie on Galaxy S24 smartphones; Red Sea shipping crisis sends waves through Asia’s fuel markets
Singapore stocks remained relatively unchanged today following updates from the Monetary Authority of Singapore (MAS) that it will leave monetary policy settings unchanged.
The MAS announced this morning that it will maintain the prevailing rate of appreciation of the Singapore dollar nominal effective exchange rate policy band, extending the pause from its 2023 meetings, in line with market expectations.
In early trade, the Straits Times Index (STI) gained a marginal 0.01 per cent to 3,159.94 points after 32.9 million securities changed hands in the broader market.
CapitaLand Ascott Trust is in focus today after its distribution per stapled security rose 14.1 per cent year on year for the second half year ended Dec 31, 2023.
Meanwhile, from China Evergrande ordered to liquidate, to the Red Sea shipping crisis sending waves through Asia’s fuel markets, more international headlines are on deck.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
1/29/2024 • 10 minutes, 27 seconds
Washington Report: US troops killed in drone attack in Jordan. How will US respond?
The United States says three of its troops were killed and dozens more wounded in a drone attack near a base on Jordan's border with Syria. It's the first time a strike has killed American soldiers in the area since the start of the Israel-Hamas war.
Pressure mounts on US President Joe Biden as he blames 'radical Iran-backed militant groups'. How will Washington react to the attack? What are the strategic objectives for the region in the future?
We find out from Dr John Donaldson, Associate Professor of Political Science, School of Social Sciences, Singapore Management University.See omnystudio.com/listener for privacy information.
1/29/2024 • 11 minutes
Why It Matters: Livestream selling, is it here to stay?
Are you addicted to watching livestream selling? Well, move over, Gen Z and millennial influencers because those in the Gen X category and jumping onto the bandwagon as well. And on Shopee Live, they have retailers who are in the late 40s and 50s! So does this mean this trend is here to stay?
Chua Kel Jin, Director, Shopee Singapore shares more. See omnystudio.com/listener for privacy information.
1/29/2024 • 10 minutes, 28 seconds
Under the Radar: Alibaba’s travel business Fliggy on travel demand before CNY, maximising GMV through partnership with Agoda, Booking.com, and odds of an IPO
Today we’re going to speak to a wholly owned subsidiary of Alibaba Group that focuses specifically on travel arrangements.
Launched in 2016, Fliggy is an online marketplace that helps users in and out of China to book for flights, accommodation, train tickets, group travel essentials and attraction tickets.
The firm said it leverages Alibaba Group’s product and technical development abilities to enhance its user experience and service capabilities to better meet consumer’s needs.
So far, the platform has a user base of over 320 million registered users. But what is the significance of Fliggy to the wider Alibaba Group?
And where does the company fit in Alibaba’s portfolio, after the parent company announced a restructuring effort in March 2023?
Meanwhile, Alibaba said Fliggy’s gross merchandise value sales increased rapidly year-over-year during the quarter ended September 2023, driven by a strong recovery in both domestic and international travel demands.
But what is the magnitude we are looking at and how is Fliggy positioning itself for future growth? Are there any plans to also list Fliggy on regional stock exchanges soon?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Simeon Shi, Chief Strategy Officer, Fliggy.See omnystudio.com/listener for privacy information.
1/29/2024 • 24 minutes, 20 seconds
Sports Minutes: Tips & tricks to avoid sports-related injuries
For those looking to get active as part of their new year’s resolutions for 2024, there is a nagging worry as they return to the gym, football field and badminton hall. The risk of injury looms for all, whether they are student-athletes or weekend warriors. We speak to Dr Cormac O’Muircheartaigh, medical director of the Sports Medicine Lab, for his expert insights into common sports injuries and how to prevent them.
READ MORE:https://www.straitstimes.com/sport/hitting-the-gym-hard-in-2024-get-tips-from-a-specialist-on-how-to-prevent-sports-injuriesGot a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
1/26/2024 • 12 minutes, 17 seconds
Market View: US GDP grew faster than expected in Q4; Frasers Centrepoint Trust closes private placement; ProsperCap’s debut, LHN Group’s contract with MOH Holdings; Cordlife’s substantial shareholders sells off 4.6m shares; Singapore’s factory output contracted 2.5% yoy in Dec; Chinese regulators grant over 100 video game licences
Singapore stocks began trading stronger today, following overnight gains on global markets.
In early trade, the Straits Times Index (STI) rose 0.1 per cent to 3,150.09 points after 34.2 million securities changed hands in the broader market.
In terms of companies to watch today, we have Frasers Centrepoint Trust, after the trust’s private placement to raise S$200 million closed at the issue price of S$2.18 (2 Singapore dollars and 18 cents) per new unit.
Elsewhere, from China granting video game licences to the latest US GDP numbers out last night – more local and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
1/26/2024 • 10 minutes, 13 seconds
Why It Matters: Local organizations need to urgently prioritize investments in cybersecurity
Cybersecurity has become an urgent and paramount concern for individuals, businesses, and governments alike. The exponential growth of global cybercrime, which is estimated to cost around $3 trillion annually, has made the protection of data and sensitive information more important than ever. To bridge the rapid digitalisation and growing cyber threats across different domains, cybersecurity skills are fast becoming a valuable skill set.
Sandeep Bhargava, SVP, Global Services and Solutions, Public Cloud Business Unit, Rackspace Technology explains why local organizations need to urgently prioritize investments in cybersecurity talent.
See omnystudio.com/listener for privacy information.
1/26/2024 • 12 minutes, 55 seconds
Weekly Wrap Up: SimplyGo makes a u-turn, simply a no go?
The move to discontinue the NETS FlashPay card and some adult EZ-Link cards for use on buses and trains was announced earlier in January. But in an intereting turn of events, the Land Transport Authority (LTA) has U-turned its decision to phase out the old ticketing system in favour of SimplyGo.
So could SimplyGo make a proper comeback after such a debacle?
Terence Fan, Assistant Professor of Strategy & Entrepreneurship (Education); Academic Director, Accreditation, Singapore Management University shares his perspective. See omnystudio.com/listener for privacy information.
1/26/2024 • 12 minutes, 46 seconds
Under the Radar: Scoot’s CCO on travel recovery, increased capacity in 2024, airfares and new Embraer fleet of jets
This conversation is set to get you itching to go on your next holiday. Make a guess as to who our guest is for today.
Drumrolls – we’re talking to the low-cost subsidiary of Singapore Airlines, Scoot, or the airline that merged with Tigerair Singapore about seven years ago.
Since taking to the skies in 2012, Scoot has carried over 82 million passengers and has a fleet of over 50 aircrafts, comprising widebody Boeing 787 Dreamliners and single-aisle Airbus A320s.
And it appears that 2024 will be an exciting year for the carrier amid the ongoing travel recovery.
The International Air Transport Association, or IATA, for one thing, expects the number of passengers travelling by air to surpass 2019 levels and reach a whopping 4.7 billion this year.
That said, with air travel capacity tipped to increase this year, what will the robust demand mean for air ticket prices?
Speaking of capacity, Scoot is adding nine new Embraer E190-E2 aircrafts from this year to 2025 to support its network growth strategy. But why did the firm opt to source its planes from another airline, and what will this mean in terms of profitability?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Calvin Chan, Chief Commercial Officer, Scoot.See omnystudio.com/listener for privacy information.
1/26/2024 • 20 minutes, 17 seconds
Culture Club: Life as a hotelier in Singapore's first boutique co-living hotel
ST Hospitality, the hospitality brand of Katrina Group Ltd., has recently unveiled its fifth co-living hotel in Singapore – ST Signature Bugis Middle, located at 21 Middle Road.
This expansion aligns with the growing demand for distinctive yet value-for-money accommodation in prime locations, fuelled by the increasing influx of both domestic and international tourism.
Andreas Lorenz, Chief Operating Officer, ST Hospitality explains hows he is bringing a unique perspective to the table, transitioning from his background as a chef to managing a successful chain of co-living hotels in Singapore. See omnystudio.com/listener for privacy information.
1/26/2024 • 13 minutes, 23 seconds
Market View: US Fed raised rate on emergency loan programme; Elon Musk on Chinese EV makers; China cuts reserve requirement ratio for banks; S-Reits - Mapletree Logistics Trust, Suntec Reit, ESR-Logos Reit, OUE Commercial Reit, Frasers Centrepoint Trust
Singapore stocks slipped in the first few minutes of trade today, led by declines by real estate investment trusts and other index counters. That’s as investors await a slew of earnings in the coming weeks.
In early trade, Straits Times Index headed down 0.2 per cent to 3,148.54 points, after 33.9 million securities changed hands in the broader market.
In terms of companies to watch, we have Mapletree Logistics Trust. The trust manager announced a 1.2 per cent year-on-year rise in distribution per unit on the back of a resilient portfolio, contributions from acquisitions and divestment gains.
Elsewhere, from Elon Musk’s comments on Chinese EV firms to the US Federal Reserve raising the rate on its emergency loan programme, more international headlines remain in focus.
On Market View, The Evening Runway’s Timothy Go dived into the details with Terence Wong, CEO, Azure Capital. (Produced by: Chua Tian Tian)See omnystudio.com/listener for privacy information.
1/25/2024 • 11 minutes
Sports Minutes: How the HSBC Women's World Championship is striving to make golf more inclusive
The HSBC Women's World Championship returns to Singapore in February 2024 for a 16th edition. Featuring the world's best, the four-day festival of golf will be a platform to celebrate the sport of golf, all the brilliant women competing, and many inspirational women from all facets of life around the world. We speak to Becky Harding, Tournament Director of HSBC Women’s World Championship & local qualifier Chen Xing Tong to find out more!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
1/25/2024 • 12 minutes, 45 seconds
Euro Watch: India rolls out red carpet for Macron. France eyes lucrative trade deals.
French President Emmanuel Macron arrives in India on Thursday as the chief guest at the Indian Republic Day celebrations. The French presidency says the trip will "consolidate and deepen diplomatic and economic relations". Will the French be eyeing any lucrative trade deals with India? Can Macron's visit give a push to India-EU trade deal talks?
Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific breaks it down with Elliott Danker and Timothy Go. See omnystudio.com/listener for privacy information.
1/25/2024 • 11 minutes, 34 seconds
Why It Matters: Feast fearlessly, guide to healthy gums this Lunar New Year
Most of us are eagerly anticipating the festivities of the Lunar New Year, we can't help but revel in the joyous celebrations that come with delectable treats like pineapple tarts, yusheng, bak kwas and festive drinks.
However, amidst the festive indulgence, it is crucial to shed light on the potential impact of sugary, starchy, and highly acidic foods on our oral health.
Dr James Ho, Founder of GPlus Dental Center and G Dental Center shares practical tips to minimise the risk of dental issues during this festive period. See omnystudio.com/listener for privacy information.
1/25/2024 • 11 minutes, 51 seconds
Sports Minutes: Who is Manchester United's new CEO, Omar Berrada?
Manchester United have persuaded Omar Berrada - one of the architects of Manchester City's success under Pep Guardiola - away from the Etihad to become their new CEO. But who is the 46-year old Spaniard? And what will he bring to the table to rescue the ailing red half of Manchester? We speak to ex-Singapore footballer Sasikumar, who worked with Berrada during his time in Spain, to find out more!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
1/24/2024 • 12 minutes, 53 seconds
Culture Club: 'Bring The Roof Down' as we bid farewell to Peace Centre
Another longstanding mall is being poofed from existence. But despite its closure following a run of over 40 years, Peace Centre is not going down quietly.
Instead, the establishment wants you to make plenty of noise at the PeaceOut Festival. Organised by the Bring The Roof Down initiative, the festival hopes to give Peace Centre a fitting curtain call as it rides off into the sunset.
Chris Milliken, CEO & Founder, PengWine, Author & Entrepreneur tells us more about the event. See omnystudio.com/listener for privacy information.
1/24/2024 • 13 minutes, 49 seconds
Why It Matters: Belgium takes over the EU presidency, aims to build a stronger Europe
From January to June 2024, Belgium will hold the Presidency of the Council of the European Union (EU), a position it has not held since 2010.
With the motto "Protect, Strengthen, Prepare", Belgium will be tasked with presiding over all matters dealt with at the European level, from research to justice, industry to employment, and extending to finances and telecommunications.
Colette Taquet, Ambassador of Belgium to Singapore tell us how Belgium is aiming to build a better Europe during their tenure. See omnystudio.com/listener for privacy information.
1/24/2024 • 14 minutes, 5 seconds
Market View: Netflix’s best quarter of customer growth; Ebay cuts 1,000 roles, SAP restructures business, 8,000 jobs affected; Alibaba shares jump on Jack Ma, Joe Tsai’s share buyback; ComfortDelGro’s JV with UK’s GoAhead Group; Suntec Reit’s DPU
Singapore stocks dipped at the opening bell today after global equities turned out a mixed showing overnight.
In early trade, the Straits Times Index (STI) fell 0.2 per cent to 3,128.55 points as 36.9 million securities worth S$58.8 million changed hands in the broader market.
In terms of companies to watch, we have Suntec Real Estate Investment Trust. The Reit’s manager reported that its distribution per unit (DPU) for the second half of 2023 fell by 10.2 per cent from a year earlier.
Meanwhile from a rally in Alibaba shares to more on Comfort Delgro - more corporate headlines are in focus. Also on deck – Netflix posting its best customer gain since the pandemic surge, and Ebay move to slash 1,000 jobs.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Willie Keng, Founder, The Dividend Titan.
See omnystudio.com/listener for privacy information.
1/24/2024 • 10 minutes, 58 seconds
Regional Roundup: Malaysian Anti-Corruption Commission (MACC) probes, could it potentially be abuse of power?
In focus in this week's Regional Roundup is Malaysian Anti-Corruption Commission (MACC) latest probes on former finance minister Daim Zainuddin and his family and former prime minister Mahathir Mohamad’s son Mirzan Mahat.
Adib Zalkapli, Director, BowerGroupAsia shares his analysis on these headlines. See omnystudio.com/listener for privacy information.
1/24/2024 • 8 minutes
Under the Radar: Behind your Jif dishwashing liquid and and Jotun paint – Norwegian conglomerate Orkla on its new operating model for value creation, ambitious CAGR
You might have heard of Jotun paint or the Jif dishwashing liquid (they are known as Cif in Singapore and carried by Unilever, but that is a story for another day), but did you know who is the player behind these brands?
What about a Norwegian conglomerate called Orkla ASA? Founded in 1654, Orkla is a leading industrial investment company focusing on brands and consumer oriented companies.
Just to give you a sense of the business’ scale of operations, Orkla ASA generated operating revenues of some 58.4 billion Norwegian Krones or S$7.44 billion in 2022 and a workforce of over 20,000 employees.
The Oslo Stock Exchange listed firm has 12 companies under its belt, in areas such as paints and coatings, home and personal care, foods, confectionery and snacks, health and food ingredients among others.
And it has set some exciting financial targets for these brands. For one thing, the firm had in November last year estimated the value creation potential for its consolidated portfolio companies to be 40 to 45 billion Norwegian Krones (S$5.11 billion to S$5.75 billion) in the period between 2023 and 2026.
This will mean a Compound Annual Growth Rate (or CAGR) of 8 to 10% for underlying adjusted EBIT (or earnings before interest and taxes) and a margin expansion in the range of 1.5 to 2.0 percentage points.
But how does it intend to do so? Which portfolio companies is it looking to grow versus to transform or exit? Also with Orkla selling its products in over 100 countries, what value does Asia hold for the firm?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Kaj-Dac Tam, Vice-President, Net Revenue Management, Orkla Group. See omnystudio.com/listener for privacy information.
1/24/2024 • 23 minutes, 49 seconds
Under the Radar: Elon Musk, Astronauts and K-dramas – What’s up with Kopiko and its marketing strategies?
What is the one common factor between an astronaut on the international space station, billionaire Elon Musk, and South Korean actor Song Joong Ki?
The answer might make you go ‘What, Seriously?’ Now, are you ready for the answer? Well, the answer is that all three of them eat Kopiko candies at some point in their lives.
If you’re a K-drama lover, you might have noticed Kopiko candies appear out of nowhere – sometimes almost as frequently as Subway – in the middle of your favourite shows.
And in 2017, a then-Twitter post by the official International Space Station account showed a group of astronauts enjoying their Thanksgiving dinner, with Kopiko candies in the picture.
Fast forward to 2022, Elon Musk was offered Kopiko candies by Indonesia’s minister of maritime and investment affairs when they met in Texas. The billionaire tried the candied treat for the first time and was caught in video raising both his thumbs.
But what have these got to do with money you might ask. Believe it or not, shares of Kopiko’s owner Mayora Group jumped 7.3 per cent as a result of the video featuring Elon Musk.
So what is Kopiko’s secret to building a strong brand both organically and inorganically, and what is the financial reward for doing so?
Also – what is the return on investments in promotional strategies such as product placements? And how far is Kopiko’s proliferation into K-dramas a good strategy for the firm to position itself as a global brand?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Pak Ricky, Director and Global Marketing Director, Mayora Group. See omnystudio.com/listener for privacy information.
1/24/2024 • 21 minutes, 26 seconds
Sports Minutes: Singapore golfer Shannon Tan on turning pro after securing European Tour card, aims for 2024 & advice to budding athletes
Having secured her card on the prestigious Ladies European Tour in 2024, Singaporean Shannon Tan has made a remarkable start to live as a professional golfer - finishing runner-up in her maiden event. So what next for the hotshot, who at just 19 years of age seems to be on the fast track to success? We spoke to her to find out!
READ MORE:https://www.straitstimes.com/sport/singapore-golfer-shannon-tan-turns-professional-after-securing-european-tour-cardGot a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
1/23/2024 • 11 minutes, 49 seconds
Market View: US$38 trillion gap between US and China stocks; India’s stock market overtakes Hong Kong for the first time; BOJ holds negative rates; Singapore’s headline inflation for 2023 at 4.8% yoy; Frasers Centrepoint Trust, S-Reits outlook; Cordlife, Seatrium
Singapore shares climbed at market open today after global equities ended higher overnight.
In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,154.90 points after 63 million securities changed hands in the broader market.
In terms of companies to watch for today, Frasers Centrepoint Trust (J69U):
The committed occupancy of the trust’s retail portfolio was 99.9 per cent for the first quarter ended Dec 31, 2023.
Elsewhere, from Singapore’s inflation numbers for 2023 to the Bank of Japan holding its monetary policy settings, more regional and international headlines are in focus. Also on deck – how India’s stock market overtook Hong Kong for the first time.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Jeremy Tan, CEO, Tiger Fund Management.See omnystudio.com/listener for privacy information.
1/23/2024 • 12 minutes, 33 seconds
Why It Matters: Impact of new cryptocurrency regulations in Singapore
The Monetary Authority of Singapore (MAS) has unveiled its comprehensive responses to the feedback on its proposed regulations for Digital Payment Token (DPT) service providers in Singapore.
And these regulations primarily focus on business conduct and consumer access. So how will these new stricter regulations impact DPT and cryptocurrency service providers?
Penny Chai, Vice President of Business Development, APAC, Sumsub shares more. See omnystudio.com/listener for privacy information.
1/23/2024 • 10 minutes, 16 seconds
Under the Radar: Valency International’s CEO on cashew processing in Nigeria, investment from with British International Investment
We’re setting our sights on the commodity sector today as we speak to a Singapore-headquartered international commodity trading house.
Founded in 2007 as a company facilitating trade flows from Africa to Asia, Valency International has since established a sizable global presence with offices and operations in 22 countries and a workforce of over 2,600 people.
The firm’s global footprint now extends to 21 product categories including agricultural commodities and FMCG products the likes of cashews, almonds, pulses and beans, sesame, cumin, soybean, rice and corn.
Outside of edibles, its portfolio includes steel, paper and industrial chemicals. But what is the most important product vertical for Valency International and what implications will this have in terms of the geographical markets Valency wants to deepen its presence in?
Meanwhile, Valency International recently made the news after UK’s development finance institution British International Investment (BII) invested US$15 million in it to fund the firm’s expansion of cashew processing in Nigeria.
But what opportunities does it see in cashew processing in Nigeria and what is the strategic value behind having BII invest in the firm?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Sumit Jain, CEO, Valency International.See omnystudio.com/listener for privacy information.
1/23/2024 • 18 minutes, 29 seconds
China Perspective: Will a 'rational' approach in 2024 work for China?
From the possibilities of China taking a 'rational' approach in 2024 with regards to their relationship to the US to their continued peace making efforts, are there any positive outcomes?
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
What does it take to be a leader in the automotive landscape, reshaping the dynamic used car market in Singapore?
On Culture Club, we speak with Christopher Chin, Managing Director of Performance Premium Selection Limited, Sime Darby Auto Selection and Sime Darby Services Private Limited.
See omnystudio.com/listener for privacy information.
1/23/2024 • 13 minutes, 41 seconds
Why It Matters: SingPost enables real-time eCommerce logistics with Boomi
Organisations are gearing up to substantially boost their investment in automation over the next 5 years, reaching 25% of capital spending on average, according to a report by McKinsey. In logistics and fulfilment, automation is poised to constitute over one-third of capital spending.
With a goal of focusing on ecommerce parcel delivery locally and internationally, SingPost has embarked on a digital transformation project, adopting advanced technology. With the Boomi platform, SingPost can now onboard our customers 75% quicker, from five to six weeks to under two weeks.
Noel Singgih, Group Chief Information Officer, SingPost tells us more.See omnystudio.com/listener for privacy information.
1/23/2024 • 13 minutes, 26 seconds
Sports Minutes: Singapore rower Saiyidah Aisyah reveals the reasons for her 'surprise' comeback to chase her Olympic dream
Singaporean rower Saiyidah Aisyah reflects on her 2016 Olympic debut and THAT return to Rio de Janeiro - the one that sparked her comeback to professional rowing. Why is she mounting this comeback at the age of 35? And what are the challenges that lie ahead as she seeks to qualify for Paris 2024? Tune in to find out!
READ MORE:https://www.straitstimes.com/sport/eight-years-after-rio-olympics-singaporean-rower-saiyidah-aisyah-rafa-ee-aims-for-another-shot-in-paris-2024
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
1/22/2024 • 11 minutes, 43 seconds
Market View: S&P500’s record-high close; Terralab’s Chapter 11 Bankruptcy filing; China’s chip machinery imports soars to almost US$40b; Nvidia’s CEO Jensen Huang’s first visit to China in four years; Nikkei share average rallies to fresh 34 yr peak; Jumbo Group’s share buyback mandate, Silverlake Axis’s offer
Singapore stocks were pulled into positive territory today, after Wall Street equities rallied in the previous session.
In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,157.22 points after 43.6 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Jumbo Group, after its shareholders approved the renewal of the restaurant operator’s share buyback mandate.
Elsewhere from China buying a near-record US$40 billion of chip gear to get around US curbs, to Terraform Labs filing for bankruptcy protection in the US, more international and corporate headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
1/22/2024 • 10 minutes, 46 seconds
Under the Radar: NousQ on serving unmet needs of ‘Glue Ear’ patients in remote areas and balancing impact, distribution costs, and profits
Today we’re going to talk about a medical issue that up to 60 per cent of children will have by the age of six.
And that is a condition called Otitis Media, also known as OME or ‘Glue Ear’. According to HealthHub SG, glue ear refers to the collection of fluid in the middle ear which frequently occurs after an upper respiratory tract infection.
While the issue resolves by itself in most cases, the process can take up to three months. In fact, ‘Glue Ear’ is the number one cause of a child’s hearing loss, visits to doctors and surgeries.
But not everyone can get access to such surgery, as the procedure can be too expensive. The hospitals that perform them are also too far away from people located in remote areas.
It is said that 120 million surgeries are needed a year while only 18 million get the surgery at the moment.
And that is the gap that our guest NousQ aims to fill. Founded in July 2021, NousQ is a medtech firm that focuses on the R&D, manufacturing and commercialisation of innovations that bravely and sustainably disrupts healthcare delivery to serve large unmet needs.
Its flagship product, CLiKX, is the world’s first handheld, robotic, and automated surgical applicator that inserts a ear tube onto the eardrum to treat glue ears.
The process takes just one second, without the need for an operating theatre. It also reduces costs and risks by four times.
But how does NousQ intend to commercialise its CLiKX product to ensure affordability? What is needed to build up a distribution network that penetrates deep into remote areas with high prevalence of the Glue Ear condition? Also – how does the firm balance generating impact versus the revenue and profits?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Dr Lynne Lim, Founder and CEO, NousQ.See omnystudio.com/listener for privacy information.
1/22/2024 • 21 minutes, 16 seconds
Culture Club: When art and food collide, how art can influence culinary creativity
Our guest has found her passion through her desserts and culinary food home businessAfter taking a break from 10 years of teaching art at the end of 2019 when Covid hit, she decided to start her first IG account for a bit of escapism. And she ended up liking to tinker and play with food so she started posting experiments, and eventually started receiving more DMs if she was catering or selling her goods.Teri Tan, Creative, Teri’s shares her journey combining art and food into one. See omnystudio.com/listener for privacy information.
1/19/2024 • 15 minutes, 27 seconds
Why It Matters: Why are Singaporeans less happy and satisfied with overall quality of life
NUS Business School has recently released a book, entitled "Happiness and Wellbeing in Singapore — Beyond Economic Prosperity", which reveals the degree of Singaporeans’ satisfaction with life and various life domains and affective aspects of wellbeing.
The book draws on findings from the 2022 Quality of Life (QOL) survey which examines the perceptions and views of 1,905 Singapore citizens from the ages of 21 years old and older.
So why are we less happy and satisfied with overall quality of life? Siok Kuan Tambyah, Associate Professor, NUS Business School shares more with us on the findings from the study.
Download a complimentary soft copy here, Happiness and Wellbeing in Singapore | Beyond Economic Prosperity | Si (taylorfrancis.com See omnystudio.com/listener for privacy information.
1/19/2024 • 11 minutes, 26 seconds
Weekly Wrap Up: Iswaran resigns, faces 27 charges including corruption, what now?
S Iswaran has resigned as Transport Minister and a member of the People's Action Party (PAP).He has been charged with 27 offences yesterday, two of corruption under the Prevention of Corruption Act, one of obstructing justice and 24 of obtaining a valuable thing as a public servant.
So what happens next? Will it be hard to replace him at West Coast GRC?
Dr Felix Tan, Independent Political Observer shares his analysis. See omnystudio.com/listener for privacy information.
1/19/2024 • 16 minutes, 16 seconds
Market View: TSMC’s second factory in Arizona delayed; Google’s US$1b data centre investment in UK; CitiGroup layoffs vs JPMorgan raising Jamie Dimon’s pay; Reddit reportedly going for an IPO; Bently sales down 11%; Guocoland’s consortium as sole bidder for Marina South white site
Singapore stocks were pulled into positive territory today, following overnight gains in global equity markets.
In early trade, the Straits Times Index (STI) rose 0.6 per cent to 3,159.68 points after 34 million securities changed hands in the broader market.
In terms of companies to watch, we have GuocoLand, as the property developer was part of a consortium that emerged as the sole bidder for a white site in Marina South.
Elsewhere from CitiGroup's layoffs to a delay in the opening of TSMC’s second factory in Arizona, to Google’s US$1 billion data centre investment in the UK, and a possible IPO by Reddit, more international headlines are in focus.
On Market View, The Evening Runway team unpacked some of the key headlines for the day.See omnystudio.com/listener for privacy information.
1/19/2024 • 12 minutes, 38 seconds
Under the Radar: Lendlease Reit’s manager on its capitalisation rate post-pandemic, its gearing ratio and reduction of tenant concentration risk
Today we’re going to deep dive into an all-time favourite – S-Reits that is!
Our guest is the Lendlease Global Commercial Trust Management, the manager of Lendlease Global Commercial Trust Management or Lendlease Reit.
Listed on the Singapore Exchange in 2019, Lendlease Reit was established with the principal investment strategy of investing in a diversified portfolio of stabilised income producing real assets used primarily for retail and office purposes.
Its portfolio properties comprise leasehold properties in Singapore including Jem, 313@somerset as well as a freehold interest in Sky Complex in Milan, Italy.
The buildings have a total net lettable area of about 2.1 million square feet, with an appraised value of S$3.65 billion as at the end of June 2023.
But what is the capitalisation rate (or the ratio between the net operating income to market value of its properties) of these properties with the global economy reeling from the effects of the COVID-19 pandemic and with working from home becoming a trend of the future?
And with interest rates remaining at elevated levels, how does Lendlease Reit assess its gearing right now? What is the outlook ahead with the US Federal Reserve set to cut interest rates as early as in the second quarter of the year?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Kelvin Chow, CEO, Lendlease Global Commercial Trust Management.See omnystudio.com/listener for privacy information.
1/19/2024 • 27 minutes, 50 seconds
Sports Minutes: Jose sacked AGAIN; Is Mourinho losing his Midas touch?
With AS Roma becoming the SIXTH club to sack Mourinho, questions are being raised about Jose’s credentials. Where to from here for the once self-proclaimed 'Special One'? International management? Saudi Pro League?
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
1/18/2024 • 13 minutes
Market View: Donald Trump a wild card for US financial markets? Charles Schwab’s CEO flags his most challenging time since Internet bubble in 2000; India, Asean+3 GDP outlook; Thomson Medical Group’s public float, Hotel Properties; YouTube cuts 100 workers, Meta’s second -in-command steps down from board
Singapore stocks opened weaker today following overnight losses on global markets as investors’ hope for rate cuts dwindles.
In early trade, Straits Times Index (STI) headed down 0.3 per cent to 3,133.02 points, after 35.2 million securities changed hands in the broader market.
In terms of companies to watch, we have Thomson Medical Group. The healthcare services provider was granted three months, until 10 April, to restore its public float, which dropped below 10 per cent in September.
Meanwhile, from more on economic growth projections for major economies within Asia to Charles Schwab’s CEO flagging his most challenging time at the bank since the bursting of the Internet bubble in year 2000, more international headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.See omnystudio.com/listener for privacy information.
1/18/2024 • 13 minutes, 7 seconds
Under the Radar: Behind the Sizzle – Is the Bak Kwa business a seasonal one? Bee Cheng Hiang weighs in
We have slightly more than three weeks until Chinese New Year and that means it is also time to indulge in snacks like your pineapple tarts and even bakkwa or barbecued meat!
We’re bringing up Bak Kwa because our guest for today is barbecued pork jerky maker Bee Cheng Hiang.
Just to take you down memory lane, the firm started in Singapore in 1933, where an enterprising street hawker peddled the streets of Chinatown selling freshly barbecued meat.
Fast forward to today, Bee Cheng Hiang has grown to 367 retail outlets across 11 territories such as China, Hong Kong, Japan, South Korea and Vietnam. The company said it remains as the market leader in Singapore’s barbecued meat industry.
Why are we talking about Bak Kwa? Well, the Bak Kwa business is an interesting one to watch, because it is a seasonal business where demand peaks during Chinese New Year.
Prices also go up during this period as Bak Kwa makers try to take in revenue to smoothen their financials for the rest of the year.
But how does demand look like for Bak Kwa makers throughout the year? What do industry players do in the lull period after Chinese New Year?
And how do firms like Bee Cheng Hiang determine the sweet spot to price their barbecued meat to maximise profits? How far are players diversifying their revenue streams to ensure sustainable revenue flows throughout the year?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Jessica Wong, Assistant Manager, Bee Cheng Hiang.See omnystudio.com/listener for privacy information.
1/18/2024 • 16 minutes, 5 seconds
Sports Minutes: Did Singapore skipper Hariss Harun vote for Lionel Messi in the FIFA Men's Best awards?
Lionel Messi pipped Erling Haaland to clinch the FIFA BEST men's player of the year award, with the final decision falling to national team captains the world over. So who did Singapore skipper Hariss Harun root for? And is Messi deserving of the award if it's meant to EXCLUDE the 2022 World Cup triumph? Tune in to find out!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
1/17/2024 • 14 minutes, 23 seconds
Culture Club: ART SG back for second edition, curation process, trendspotting key galleries, artists
ART SG, an international contemporary art fair bringing the world to Singapore and Southeast Asia is back for its second edition. Organised by The Art Assembly and presented by founding and lead partner UBS, ART SG will feature 115 exceptional galleries from 33 countries and territories.
With a bigger fair this year, what is the curation process on trendspotting key galleries and artists for ART SG?
Shuyin Yan, Fair Director, ART SG tells us more. See omnystudio.com/listener for privacy information.
1/17/2024 • 12 minutes, 2 seconds
Why It Matters: Is Asia prepared for the electric vehicle overhaul?
Global electric vehicle (EV) sales are on an upward trajectory, setting new records and sparking optimism for a greener future of transportation.
Yet, as the world shifts gears towards sustainable mobility, the adoption of EVs in Asia is still trailing behind. This prompts a crucial question: Is Asia prepared for this EV overhaul?
Jugnu Pati, Fund Manager and Investment Specialist at Asian Development Bank Ventures (ADBV) shares how green investments are supporting the building blocks for Asia’s EV transition. See omnystudio.com/listener for privacy information.
1/17/2024 • 9 minutes, 6 seconds
Regional Roundup: Is Najib on the way to get his royal pardon?
Will former Malaysian Prime Minister Najib Razak get his royal pardon? And how does his request for royal pardon linked with Malaysia's ringgit’s woes?
Dr Mustafa Izzuddin, Senior International Affairs Analyst, Solaris Strategies Singapore gives us an analysis of those headlines and more.See omnystudio.com/listener for privacy information.
1/17/2024 • 12 minutes, 3 seconds
Sports Minutes: National Swimmer Toh Wei Soong on the lack of support for para-athletes here in Singapore
Having clinched MULTIPLE gold medals representing Team Singapore, you'd think national swimmer Toh Wei Soong gets the recognition he deserves for his heroics. Not quite. Tune in as he tells us about his battle overcoming Transverse myelitis to being a champion in the pool, the lack of support for para-athletes like himself and his aspirations for 2024!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
1/16/2024 • 9 minutes, 12 seconds
Culture Club: Outdoor wearables to conquer your fitness goals in 2024
New year, new gear? If you love the great outdoors, it might be time to invest in new wearables in 2024!
Suunto, a pioneering force in GPS sports watches and navigation technology, has recently unveiled their latest innovations, SUUNTO RACE and SUUNTO WING.With state-of-the-art technology and durability, these devices are set to create a new benchmark in the world of adventure and sports technology.
Cody Huang, Head of APAC, Suunto explains how their latest technological innovation addresses the evolving needs of outdoor enthusiasts and athletes.
See omnystudio.com/listener for privacy information.
1/16/2024 • 8 minutes, 22 seconds
Market View: Tigerair Taiwan’s 10.8 months employee bonus; SIA’s passenger traffic rises; Wilmar International’s stance on corrupt practices; China’s plan for the silver economy; Assets invested into ETFs industry reaches record high; Apple to remove blood oxygen function from watches; OpenAI on fighting US election misinformation
Singapore stocks opened lower today to track overnight losses in European markets.
In early trade, the Straits Times Index (STI) declined 0.4 per cent to 3,186.29 points after 26.8 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Singapore Airlines. The national carrier posted a 15.8 per cent increase in passenger traffic in December 2023 during the year-end peak travel season.
Meanwhile, from how the global ETFs industry fared so far to China’s plan for the massive silver economy, to news surrounding Apple and OpenAI, international headlines are in focus today.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.See omnystudio.com/listener for privacy information.
1/16/2024 • 12 minutes, 47 seconds
China Perspective: China reacts to Taiwan election results
In this edition of China Perspective, we focus on China's reactions relating to Taiwan election results.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs shares his views.See omnystudio.com/listener for privacy information.
1/16/2024 • 9 minutes, 47 seconds
Under the Radar: Flexxon on the value behind marrying hardware and cybersecurity, Launches at CES 2024
It’s all about storing your computer data safely and securely through the use of hardware solutions.
You might recall storing data in hard disk drives in the past which often has slow reading and writing speeds.
Fast forward to today, super-fast SSDs or Solid State Drive that use NAND-based flash memory to store data are more commonly used, as they are said to be more reliable and efficient than hard drives.
But while they may be faster, the question remains as to whether using SSDs are more secure. And that’s the problem that our guest Flexxon wants to address.
Founded in 2007, Flexxon is a Singapore-headquartered firm that marries cybersecurity solutions and hardware. In particular, the firm launched the world’s first AI-embedded firmware based cybersecurity solution called the X-PHY® Cybersecure SSD in 2021.
The solution detects anomalies in behavioural data access patterns and effectively shuts down potential incursions in real-time to prevent critical data loss and exposure.
The solution has since been integrated into laptops with major PC makers including Lenovo, ASUS, HP, and Thomson Computing. But how does it work exactly?
Meanwhile, the Heliconia-backed firm also said it has 30 patents under its belt, but what can we look forward to in terms of its product pipeline for the year?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Camellia Chan, CEO and Founder, FLEXXON.See omnystudio.com/listener for privacy information.
1/16/2024 • 20 minutes, 59 seconds
Sports Minutes: Will KDB's return be the catalyst for City's title charge?
Kevin De Bruyne marked his return to full fitness with a sublime showing off the bench to inspire City's 3-2 comeback win against Newcastle. Could the Citizen's talisman returning click the reigning champions into the next gear? We discuss this and all the rest of the weekend's results!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
1/15/2024 • 14 minutes, 55 seconds
Culture Club: From banking to urban farming, Grobrix’s journey so far
With corporations looking for unique experiences to pull employees back to the workplace, sustainability has become an unlikely hero for employee engagement.
With a firm belief that urban farming should be enjoyed by all, homegrown urban farming company Grobrix is helping corporations such as KPMG, LinkedIn, Cushman & Wakefield to place sustainability and employee wellness on the agenda. So how are they doing so?
Mathew Howe, Founder, Grobrix tells us more. See omnystudio.com/listener for privacy information.
1/15/2024 • 12 minutes, 58 seconds
Washington Report: What Taiwan’s presidential pick means for US-China relations
Taiwan has elected its new president, the Democratic Progressive Party's Lai Ching-te, who is also the current Vice President. Saturday's election was closely watched, not just by Taiwanese voters, but also by China, and the United States.
What does the result of the Taiwanese presidential election mean for Washington’s delicate relationship with Beijing?
Emeritus Professor Joseph Camilleri, La Trobe University, Melbourne and Fellow, The Academy of the Social Sciences in Australia explains.
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See omnystudio.com/listener for privacy information.
1/15/2024 • 13 minutes, 32 seconds
Under the Radar: How is Sri Trang Gloves Thailand positioning itself for sustainable and reliable growth post-pandemic?
We’re going to talk all about the disposable gloves that gained prominence over the pandemic today.
Founded in 1989, our guest is Thailand's largest gloves producer Sri Trang Gloves Thailand.
The firm makes a wide range of natural latex and nitrile examination gloves as well as general-purpose disposable gloves that cater to a wide variety of uses such as healthcare and medical, food processing and handling, as well as manufacturing.
Just to give you a sense of the company’s scale of operations, Sri Trang Gloves Thailand has production facilities in three provinces in Thailand producing over 49.5 billion pieces of disposable rubber gloves every year.
Why are we talking about Sri Trang Gloves you might ask? Well, glove companies the likes of Top Glove, Sri Trang, Supermax were put into the spotlight in prior years as the pandemic pushed up demand for personal protective equipment and protective gear.
While that interest has somewhat fizzled as economies opened up post pandemic, causing a supply glut, the sector was put into the spotlight once again amid a rise in infection numbers within Southeast Asia last December.
But is the recent rise in interest sufficient to drive up demand for the near term? What are glove makers doing right now to position themselves for more sustainable and reliable growth in the future?
And is the current lull period a good time for glove makers to reassess their portfolio, consolidate business units and improve their financial standing?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Jarinya Jirokul, CEO, Sri Trang Gloves Thailand.See omnystudio.com/listener for privacy information.
1/15/2024 • 16 minutes, 15 seconds
Sports Minutes: Did you play void deck football growing up in Singapore?
A town council’s decision to partially cordon off the void deck of a public housing block in Singapore to prevent ball-playing has caused quite the stir on social media. A staple of most of us who grew up in the 90s, what are kids of today being robbed off - beyond just outdoor play? Sazali Abdul Aziz, assistant editor with The Straits Times, joins us to discuss this trending debate.
READ MORE:https://www.straitstimes.com/opinion/no-football-signs-leave-a-void-in-the-void-deck
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
1/12/2024 • 19 minutes, 31 seconds
Market View: Hotter-than-expected US December CPI; Ho Bee Land on net loss; US-listed bitcoin ETFs saw US$4.6b in volume; Chinese exports grew at faster pace in December; Tesla lowers prices in China
Singapore stocks opened slightly lower today following a muted performance on Wall Street overnight.
That’s as data released yesterday showed US consumer prices rose more than expected in December, signs that it was still premature for the Federal Reserve to be cutting interest rates.
In terms of companies to watch today, we have Ho Bee Land. The real estate group said yesterday that its net loss for the full year ended Dec 31, 2023 is expected to widen.
The projected net loss is driven mainly by a fair-value loss based on indicative valuations of its portfolio of investment properties in London.
Elsewhere, from the hotter-than-expected December CPI numbers out of the US, to Chinese export data, more international headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
1/12/2024 • 13 minutes, 17 seconds
Culture Club: Fancy some tandoori? Explore the menu at Tandoori Festival in Raffles Singapore
Embark on a culinary journey like no other as Tiffin Room in Raffles Singapore presents, Tandoori Festival, a multi-course dining experience that pays tribute to the classic North Indian cooking method of using the tandoor, a traditional clay oven.
Kuldeep Negi. Chef de Cuisine of Tiffin Room, Raffles Singapore shares how he will be showcasing his mastery through an impeccable selection of meats, seafood, vegetables, and even a dessert.See omnystudio.com/listener for privacy information.
1/12/2024 • 8 minutes, 57 seconds
Why It Matters: Creating a financially inclusive future with biometrics
Globally, contactless payment transaction are set to surpass US$10tn by 2027 as we move closer to a cashless society.
Yet, many of today’s current payment solutions are leaving parts of society behind, including the most underserved and unbanked populations.
How can biometrics help build an inclusive payment future?
Romain Zanolo, Managing Director APAC, Payment Services, IDEMIA explains. See omnystudio.com/listener for privacy information.
1/12/2024 • 9 minutes, 20 seconds
Weekly Wrap Up: Sentence for Enhanced Public Protection (Sepp), why we need such a sentencing regime?
According to a bill submitted to parliament this week, Singapore is proposing to hold “dangerous offenders” indefinitely, even after they complete their jail sentences. Called the Sentence for Enhanced Public Protection (Sepp), it was introduced as part of the Criminal Procedure (Miscellaneous Amendments) Bill. So why has such a sentencing regime been proposed only now? Stefanie Yuen Thio, Joint Managing Partner, TSMP Law Corporation shares her views. See omnystudio.com/listener for privacy information.
1/12/2024 • 12 minutes, 6 seconds
Under the Radar: Inchcape on tapping ‘enormous’ potential in Indonesia through partnership with GWM, rise in electrification and Chinese OEMs and its growth plans in Asia Pacific
Today we’re going to talk about the company that distributes your Toyota and Suzuki cars!
While known as an automotive distributor, our guest Inchcape was started in 1847 when two merchants from Scotland formed a general merchanting partnership.
By the next few decades, the firm became one of the early adopters of the internal combustion engine transport revolution, as well as one of the first importers of motorcars into Asia.
Its modern presence in Asia Pacific started in 1967 with the acquisition of Borneo Motors, a company founded in 1925 to distribute vehicles in Singapore.
Since then, Inchcape APAC has expanded significantly, with 3,900 employees across the region. It now distributes new vehicles and parts in major markets such as Australia, Brunei, Guam, Hong Kong, Indonesia, New Zealand, Thailand and Singapore just to name a few.
Its portfolio of OEM brands include Toyota Motor, Subaru, Suzuki, Jaguar Land Rover, BMW, and more.
And it seems like the next couple of years would be interesting for Inchcape, after the firm signed a global strategic partnership with automotive brand GWM in June 2023 to tap what it calls the ‘enormous’ potential of the Indonesian market. But what can we expect on this front?
Speaking of Indonesia, Inchcape and Indomobile also took over the Mercedez Benz business in Indonesia in April 2023. Why is this the case and how far is Indonesia a key focus area for the firm? What is Inchcape’s grand plan for the region?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Ruslan Kinebas, CEO, Inchcape Asia Pacific.See omnystudio.com/listener for privacy information.
1/12/2024 • 22 minutes, 5 seconds
Sports Minutes: ‘Drive to Survive’ star & F1 Team Principal Guenther Steiner leaves HAAS
Haas team principal & Netflix's 'Drive to Survive' star Guenther Steiner has left his role after 10 years leading the US-based team. The 58-year-old Italian, who will be replaced by the team's former director of engineering Ayao Komatsu, leaves an immeasurable void in the F1 Paddock - with his charisma and candid comments. So could we see him make a return, if not for the purpose of racing but for some punditry instead?
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
1/11/2024 • 5 minutes, 58 seconds
Culture Club: New hotel KINN Studios spotlights mental wellness
Boutique hospitality brand KINN has opened its second establishment, KINN Studios, nestled in the heart of the vibrant Keong Saik Road. This four-story boutique hotel redefines the guest experience, emphasising mental well-being and curated partnerships with local artists.
Given the rise of wellness travelling among younger travellers, KINN Studios is partnering up with Safe Space™, a mental health counselling service in Singapore, to provide its guests with access to therapy sessions to help counter travel anxieties and worries.
Chayadi Karim, Founder of KINN explains the concept behind KINN Studios, as well as how the brand is increasing its physical footprint in 2024 and beyond. See omnystudio.com/listener for privacy information.
1/11/2024 • 11 minutes
Why It Matters: Salary trends in Singapore, factors influencing salaries across sectors
With salaries seemingly increasing and things like our favourite chicken rice increasing in costs, you may start to wonder, am I paid enough? While our dream jobs are probably ones that match our passions, challenge us to grow, and give us opportunities for individual growth and constant learning.
So what are the salary trends we can expect in this new year and how important is it for us to be aware of our own industry’s market salary benchmark?
Chew Siew Mee, Managing Director, Jobstreet by SEEK (Singapore) tells us more. See omnystudio.com/listener for privacy information.
1/11/2024 • 13 minutes, 57 seconds
Market View: Singtel to further cut emissions; Novo Tellus SPAC to not conclude business combination; Fraser Property’s majority owners on company, asset sale; LVMH said to team up with TikTok to limit counterfeit; Google’s layoffs in digital assistant, hardware teams; US December CPI
Singapore stocks opened stronger today. That’s following overnight gains in global equity markets, as investors await key US inflation data due this week.
In early trade, the Straits Times Index (STI) headed up 0.3 per cent to 3,190.48 points after 49.2 million securities changed hands in the broader market.
In terms of companies to watch, we have Novo Tellus Alpha Acquisition. The special purpose acquisition company (or Spac) said today that it would not conclude a business combination after “careful consideration and thorough evaluation of potential targets”, citing current market conditions.
Elsewhere, from LVMH and TikTok possibly working together to limit counterfeit products to Google laying off staff working on its digital assistant, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
1/11/2024 • 10 minutes, 38 seconds
Euro Watch: Is Germany's economy struggling in 2024?
Hundreds of thousands of people faced train cancellations across Germany from Jan 10, as a three-day nationwide rail strike added to travel chaos in Europe’s largest economy, where farmers’ protests have blocked highways and snarled traffic.
The strikes and protests add to pressure on German Chancellor Olaf Scholz’s coalition government, which faces growing economic problems, including weak macroeconomic data, high interest rates and a budget mess.
Is Germany’s economy struggling in 2024 and can the government fix it?
Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific gives us his analysis.
See omnystudio.com/listener for privacy information.
1/11/2024 • 10 minutes, 53 seconds
Under the Radar: HeyMax AI on maximising credit card rewards and helping users double dip on air miles
Do you record all the credit cards you own in an Excel sheet just to make sure that you maximise your rewards? Or do you have a friend that does that?
Well, our guest for today HeyMax AI hopes to save you from all that work by automatically picking the best card for you to maximise your rewards.
It also provides what it calls Max Miles on top of credit card rewards whenever users shop online using the platform.
The miles can then be transferred on a 1:1 ratio to over 20 airline and hotel points including Japan Airlines, Qatar Airways and Etihad.
HeyMax AI says it makes money through a B2B model, where merchants pay it a commission for directing customers to them. The commissions are then use to generate Max Miles and profits.
So far, the platform supports some 150 merchants such as Klook, iHerb, Expedia, Singapore Airlines and Booking.com. But how many merchants can we expect towards the end of the year given that the company is in its nascent stage?
Also – how far does the firm compete against other credit card reward apps such as Max Rewards, Award Wallet, and even cashback apps such as Shopback?
Looking ahead, the company intends to launch what it calls a “multi-linkage card” to consolidate all existing credit cards into one in the future. While it is still a work in progress, how long is the waitlist right now?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Joe Lu, Co-founder and CEO, HeyMax AI.See omnystudio.com/listener for privacy information.
1/11/2024 • 26 minutes, 10 seconds
Sports Minutes: What can Singapore learn from Malaysia, who are heading to the 2024 Asian Cup after a 17-year hiatus?
It's a mixture of excitement and anticipation in the air across the causeway, as Malaysia prepare to make a long-awaited return to compete with the continent's best in the Asian Cup. We caught up with Keeshaanan Sundaresan aka Keeshmatstats, Malaysian broadcaster to get up to speed with everything we need to know...and also ponder about what can Singapore learn from our arch causeway rivals?
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
1/10/2024 • 23 minutes, 10 seconds
Culture Club: ARTWALK 2024 celebrates a decade of cultural exploration
ARTWALK has been telling the stories of Singapore’s heritage, history and culture since its inception in 2015. Originally rooted in Little India, the festival expanded its canvas in 2022 to include the rich cultural precinct of Katong-Joo Chiat.
Milenko Prvacki, Senior Fellow, LASALLE College of the Arts tells us more about the festival's evolution since 2015 and what we can expect from ARTWALK 2024. See omnystudio.com/listener for privacy information.
1/10/2024 • 12 minutes, 13 seconds
Market View: Keppel’s deal with GlobalFoundries; OCBC priced in S$450m in perpetual capital securities; Japanese shares soar to highest level in nearly 34 years; Twitch reportedly set to lay off 35% staff; From Google to VinFast - what to watch at the CES tech show in Las Vegas
Singapore stocks opened weaker today following overnight losses on Wall Street, as weak US trade data weighed on investor sentiment.
In early trade, the Straits Times Index (STI) headed down 0.4 per cent to 3,186.34 points after 47.1 million securities changed hands in the broader market.
In terms of companies to watch, we have for you OCBC. The lender has priced S$450 million in perpetual capital securities at 4.05 per cent under its US$30 billion global medium-term note programme.
Elsewhere, from Amazon’s Twitch reportedly set to lay off employees to key corporate developments out of the annual CES tech show held in Las Vegas, international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.See omnystudio.com/listener for privacy information.
1/10/2024 • 12 minutes, 42 seconds
Why It Matters: Fixing Singaporeans' small home struggles with storage solutions
Singaporeans now have to make do with smaller homes compared to the more spacious homes of our parents’ era. Homeowners and even renters are finding that they have too much stuff, yet too little space.
This is why self-storage solutions like Extra Space Asia are gaining popularity, not only for individuals looking to declutter their homes, but also for businesses looking for additional spaces.
Kenneth Worsdale, CEO of Extra Space Asia shares how storage solutions can address the challenges of downsizing trend and what’s next for the company in fulfilling the high demand of storage spaces.See omnystudio.com/listener for privacy information.
1/10/2024 • 10 minutes, 7 seconds
Regional Round Up: Will Indonesia's general elections be a two-round affair?
From Malaysia’s Prime Minister Anwar Ibrahim urging government-linked investment companies (GLICs) and government-linked companies (GLCs) to reduce their overseas investments and increase their domestic investments to the latest on Indonesia’s upcoming presidential elections.
Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
1/10/2024 • 15 minutes, 54 seconds
Under the Radar: Charlie and the Chocolate Factory? - Mars Wrigley on the growing ‘treat and snacks’ category in Asia and getting snackers to increase their basket size
It’s a little of a Charlie and the Chocolate Factory situation for us today as we speak to the world’s leading manufacturer of chocolate, mints and fruity confections.
You might have guessed it – we’re speaking to Mars Wrigley, the firm behind world-famous brands including M&M’s®, Snickers®, Twix®, Skittles.
With a presence in over 180 countries, and nearly 1,000 of its snacks consumed every second, the firm had said in 2022 that it generated revenues of US$45 billion. 12 of its brands generate over a billion US dollars on a yearly basis.
In Asia, Mars Wrigley operates as a business unit overseeing 20 markets with its strategic eight being Korea, Taiwan, Hong Kong, Malaysia, Thailand, Vietnam, the Philippines and Indonesia. But why is this the case and what is the role of its Singapore business in this regard?
Also – the firm mentioned that the ‘treat and snacks’ category is a US$32 billion business in Asia excluding China, India and Japan.
But what is the basis behind the valuation? How does the firm assess its growth trajectory and aim to get customers to expand their average basket size?
Meanwhile, Mars Wrigley also embarked on a journey to digitally transform its supply chain in the prior years, but how far has that translated into cost savings for the firm here in Asia?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Kalpesh R Parmar, Regional General Manager, Mars Wrigley Asia.See omnystudio.com/listener for privacy information.
1/10/2024 • 21 minutes, 22 seconds
Sports Minutes: Ikhsan Fandi on overcoming an injury-ridden 2023, and his resolutions for 2024
Having lost the most part of 2023 due to an injury, Ikhsan Fandi tells us all about the lessons he learnt that has equipped him with fresh new vigour for 2024. He also weighs in on his aims, aspirations & resolutions for the year ahead.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
1/9/2024 • 13 minutes, 58 seconds
Market View: S-Reit outlook for 2024; Chip sector outlook as Nvdia surges to record high close , SK Hynix’s market value expected to double; Pharma giants Merck & Co, Boston Scientific, J&J on the hunt for acquisition targets – over US$6.4b healthcare deals announced; Boeing’s 737 Max crisis deepens after United Airlines, Alaska Airlines found loose parts
Singapore stocks were pulled into positive territory today following overnight gains on global equity markets.
In early trade, the Straits Times Index (STI) headed up 0.3 per cent to 3,195.18 points after 31.3 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Yanlord Land Group, after the Chinese property developer expects to record net losses for the six months, as well as the full year ended Dec 31, 2023.
Elsewhere, from healthcare giants J&J, Merck and Boston Scientific going on a US$6.4 billion buying spree, to the outlook for the chip sector in 2024, more international headlines are in focus.
Also on the table, what loose parts found on some 737 MAX mean for planemakers and airlines amid the ongoing global travel recovery.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Khoon Goh, Head of Asia Research at ANZ.See omnystudio.com/listener for privacy information.
1/9/2024 • 11 minutes, 30 seconds
Why It Matters: What New Year’s Resolutions are Singaporeans making in 2024?
Are New Year’s resolutions still a thing? Apparently so, according to GWI’s latest research more than half (57%) of Singaporeans are still writing their lists in 2024.
So what is on top of Singaporeans’ mind in the new year, amid everything that is happening in the world and in the face of an unpredictable economy?
Jo Ling Sun, Senior Trends Analyst, GWI tells us more. See omnystudio.com/listener for privacy information.
1/9/2024 • 11 minutes, 32 seconds
China Perspective: Is China on the brink of triggering a new trade war?
From President Xi Jinping’s latest solution to boost China’s economy to the possibility of a big shift in China’s policy with regards to Taiwan depending on whoever wins.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
1/9/2024 • 11 minutes, 11 seconds
Under the Radar: How far will China’s travel recovery bolster Straco Corporation’s financials and is diversification on the cards?
Today we’re going to bring you an inside look into a mainboard-listed tourism company that bought over the troubled Singapore Flyer back in 2014.
Bingo if you’ve guessed Straco Corporation. Listed on the SGX, Straco Corporation is a local developer and operator of aquatic related facilities and tourism related assets.
Aside from the Singapore Flyer, the firm’s other main operating assets include the Shanghai Ocean Aquarium next to the city’s landmark Oriental Pearl Tower, the Lixing cable car service at Mount Lishan, and the Underwater World Xiamen on the scenic Gulangyu Island.
But why are the majority of Straco Corporation’s assets situated in China and how has the reliance on a single market weighed on the firm during the pandemic amid the lockdowns we saw in China?
And with the Chinese economy recovers post-pandemic, how are things looking like for Straco Corporation right now? Also – what is on the top of Straco’s to-do-list right now to make up for lost revenues over the past three years or so?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Amos Ng, Group Chief Financial Officer and Sean Wu, Senior Vice President (Corporate Development & Risk Management), Straco Corporation.See omnystudio.com/listener for privacy information.
1/9/2024 • 17 minutes, 29 seconds
Sports Minutes: Who needs to splash the cash in the January transfer window, and on who?
With the transfer window open, we discuss the potential ins and outs in the Premier League. Will Arsenal get the additional firepower they crave? And will we see the INEOS takeover take effect at Manchester United?
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
1/8/2024 • 15 minutes, 31 seconds
Culture Club: From professional triathlete to successful entrepreneur in Singapore
Are you looking to make a career move in 2024 but not quite sure if it's the right choice?
José Jeuland, an individual whose journey from a professional triathlete to the founder and director of COCO Creative Studio in Singapore is nothing short of inspirational.
What's the inspiration behind José's unique journey from pro sportsmans to establishing himself as a prominent figure in Singapore's creative scene?
See omnystudio.com/listener for privacy information.
1/8/2024 • 14 minutes, 39 seconds
Washington Report: Will government spending define the 2024 US election?
The US Congress reached a deal on how much to spend for 2024 ahead of a possible government shutdown. The deal would establish an overall spending level of US$1.59 trillion in fiscal year 2024.
Does this move bring Congress closer to avoiding of a potential government shutdown? How will government spending define the 2024 US election?
In this episode of Washington Report, Dr John Donaldson, Associate Professor of Political Science, School of Social Sciences, Singapore Management University explains it all. See omnystudio.com/listener for privacy information.
1/8/2024 • 9 minutes, 24 seconds
Why It Matters: APAC’s growing marketing trends, adapting to digital consumer’s needs
AI marketing has become unavoidable for businesses these days because it facilitates ad targeting optimization, develops customer journey mapping, content creation, and more.
But have marketers in Southeast Asia embraced AI the way they should be? How have the perception of AI marketing changed over the years?
Kate Liew, Senior Marketing Director, APAC, Vonage explains. See omnystudio.com/listener for privacy information.
1/8/2024 • 8 minutes, 1 second
Market View: ADP payrolls; STI performance; Dynamac’s bonus issue; Manulife US Reit’s portfolio real estate valuation down 8%; Lippo Malls Indonesia Retail Trust’s aggregate leverage ratio likely at 44.3%; More BOJ watchers pushing back predictions for end of negative rates; Outlook for oil prices
Singapore stocks opened stronger today, tracking overnight gains in the European market.
In early trade, the Straits Times Index (STI) rose 0.1 per cent to 3,176.59 points after 65.6 million securities changed hands in the broader market.
In terms of companies to watch today, we have Dyna-Mac. The offshore oil-and-gas contractor has proposed a bonus issue of up to 207.4 million warrants on the basis of one warrant for every five existing shares to raise up to S$31.1 million.
Elsewhere from more Bank of Japan watchers pushing back their predictions for the end of negative rates, to the outlook for oil prices in the year of 2024, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
1/5/2024 • 10 minutes, 20 seconds
Under the Radar: Battle of the coffee chains - Kopi Kenangan’s Co-CEO James Prananto on the firm’s recipe to thrive in Singapore; future IPO plans
It’s already Friday and what better way to end the afternoon than with a good cup of coffee or Kopi.
Speaking of coffee, you might have seen quite a number of new coffee chains sprouting in sunny Singapore, including several chains who have made their names in other parts of the world such as Indonesia and China.
And we’re going to speak to one such entrant today. Founded in 2017, Kopi Kenangan is a non-franchise tech-enabled coffee chain, where it focuses on serving coffee priced between the higher priced international brands versus the cheaper alternative sold by street vendors.
Fast forward to today, the firm is also one of the fastest growing grab-and-go coffee chains in Indonesia with around 800 stores across over 60 cities in Indonesia.
For one thing, the Sequoia Capital-backed startup served 30 million cups of coffee in the year of 2020 alone.
It also became the first F&B Unicorn in South East Asia in December 2021, following a US$96 million Series C round to help it expand internationally.
True enough, the firm entered into Malaysia and thereafter to Singapore last September. But how will the firm’s positioning strategy in Singapore differ from that in Indonesia given the differences in cost structures?
Also – how does the firm assess the Singapore market, as well as the recent exits of players such as Flash Coffee and Spinelli?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to James Prananto, Co-founder and CEO, Kenangan Coffee.See omnystudio.com/listener for privacy information.
1/5/2024 • 18 minutes, 50 seconds
Market View: Minutes from Fed’s December meeting and JOLTS – when will the first rate cut come; S$250m Seatrium contract cancelled; China’s fiscal spending to rise; Japanese markets kicks off 2024 sharply lower; Amazon’s video ad push to generate extra US$5b revenue; Mark Zuckerberg sold nearly half a billion US dollars of Meta shares
Singapore stocks opened muted today after global markets continued to retreat in the second trading day of the year.
In early trade, the Straits Times Index edged up 0.03 per cent to 3,200.24 points after 55.7 million securities changed hands in the broader market.
In terms of companies to watch, we have Seatrium, after its contract for a 1,260 megawatt offshore substation platform, valued at over S$250 million was cancelled.
Elsewhere, from minutes of the Federal Reserve’s December meeting to China’s fiscal spending and the Japanese market’s performance on its first day of trade this year, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.See omnystudio.com/listener for privacy information.
1/4/2024 • 12 minutes, 31 seconds
Under the Radar: Fourier Intelligence on the growing rehabilitation robotics market and its humanoid robots
Today we’re going to talk about helping patients with their rehabilitation through exoskeletons and even humanoid robots.
Founded in 2015, our guest for today Fourier Intelligence aims to redefine rehabilitation robotics solutions by integrating inter-connectable intelligent robotics technology with creativity.
So far, the firm provides over 30 products and 200 solutions that can assist patients with upper and lower body impairments, as well as those with difficulties with movements and balance.
Why are we speaking to Fourier Intelligence you might ask? Well, it may be early days for robots in the rehabilitation industry now, but the space holds tremendous potential.
For one thing, Grand View Research valued the global rehabilitation robots market at US$226 million in 2021. It also expects the market to grow at a compound annual growth rate of 17.3% from 2022 to 2030 amid a rise in healthcare spending and an ageing population in maturing economies. So what are the opportunities ahead for Fourier Intelligence?
Meanwhile, the firm is also building a network of researchers to chart the new frontier of innovative medical technologies, with strategic partners such as the Shirley Ryan AbilityLab in Chicago, the National Healthcare Group in Singapore, and the University of Melbourne. What can we expect on this front?
And just to get you excited – Fourier Intelligence also debuted what’s said to be the world’s first general-purpose humanoid robot for use in rehabilitative care and scientific research. But what does the invention mean for the company?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Zen Koh, Co-founder and Global CEO of Fourier Intelligence.See omnystudio.com/listener for privacy information.
1/4/2024 • 23 minutes, 3 seconds
Market View: India’s 2024 manufacturing outlook; Tencent, Chinese rivals on signs of Beijing tamping down a backlash against harsh new regulations; US market outlook and growth outside “Magnificent Seven” stocks; Apple, Samsung and Generative AI; Mickey Mouse’s initial copyright expires
Singapore stocks opened weaker today following overnight losses in the US and Europe after technology stocks took a beating.
In early trade, the Straits Times Index (STI) headed down 0.8 per cent to 3,204.07 points, after 83.7 million securities changed hands in the broader market.
Regional and international headlines are in focus today. Among which is the outlook for India’s manufacturing industry, after it ended 2023 on a slightly shaky footing. That’s with factory growth decelerating to an eighteen-month low in December.
Also on the table , the outlook for the US market and whether we can expect growth outside of the Magnificent Seven stocks.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked these developments with James Cheo, Chief Investment Officer, Southeast Asia at HSBC Global Private Banking and Wealth.See omnystudio.com/listener for privacy information.
1/3/2024 • 11 minutes, 39 seconds
Under the Radar: Lenskart’s CEO on its quest to deliver a billion pair of spectacles over the next 10 years, its majority stake in Owndays and IPO plans
Today we’re going to talk about an item that about half of the world’s population might need to wear by 2050.
You might have the answer already – that is glasses. According to a 2017 article by the World Economic Forum, half of the global population could be shortsighted by the middle of the century, an increase of over a third on 2017 figures.
And that presents business opportunities for our guest Lenskart, which operates over 1,500 omnichannel eyewear stores across 175 cities in India, Singapore and Dubai.
Just to give you a sense of where things are at for the firm, Lenskart is delivering 10 million spectacles a year to people in India, Southeast Asia, the Middle East as of 2021, with the aim to deliver a billion pairs of spectacles over the next 10 years.
Given the goal, it is no wonder that the firm is expanding rapidly of late. It acquired a majority stake in Japanese eyewear brand Owndays in June 2022.
That’s in a deal that is said to value Owndays at a whopping US$400 million. But what is the strategic value brought about by Owndays though?
On the organic expansion front, the Softbank-backed retailer said in December that it intends to open 300 to 400 stores in Southeast Asia over the next two years.
But where will Lenskart be focusing on as a start and what role will the Singapore market play in the bigger scheme of things? How does Lenskart intend to fund its growing ambitions?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Peyush Bansal, Co-founder, CEO, Lenskart.See omnystudio.com/listener for privacy information.
1/3/2024 • 20 minutes, 23 seconds
Market View: Keppel Corp delivers 61.1 per cent in shareholder returns for 2023; Singapore’s economy expanded 1.2% yoy in 2023, possible impact on S$NEER; Travel in China flourished over New Year’s holiday; Manufacturing activity remains sluggish in Asia; USD movements amid rate cut expectations; Bitcoin hits US$45,000 for first time since April 2022
Singapore stocks opened 2024 stronger, driven by banking stocks’ gains.
The Straits Times Index (STI) rose 0.5 per cent to 3,255.63 points in early trade after 54.8 million securities changed hands in the broader market.
In terms of companies to watch, we have Keppel Corporation. The conglomerate delivered 61.1 per cent in shareholder returns for 2023, higher than the 49.3 per cent posted in 2022.
Meanwhile, from China’s travel and tourism demand during the New Year’s Day holiday to key movements in the currency markets, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.See omnystudio.com/listener for privacy information.
1/2/2024 • 11 minutes, 47 seconds
Under the Radar: Animation studio Winking Studios on its IPO on SGX Catalist board and future growth plans
We’re going to kickstart the year by bringing you an inside look into the final company that was listed on the Singapore Exchange in 2023.
If you’ve guessed Winking Studios - you’re right! Established in 2003, Winking Studios is a game-art outsourcing studio majority owned by Acer Gaming.
Game art outsourcing, for context, involves the creation and development of digital art assets such as game character design and 3D.
Headquartered in Singapore, Winking Studios currently has seven studios across Nanjing, Shanghai and Taipei with a staff count of over 700 people. It has also expanded its suite of offerings to look at game development and the release of gaming peripherals.
The firm said it is Asia’s third-largest and the world’s fourth-largest game art outsourcing studio, with 19 of the world’s 25 largest game developers being its customers.
Back to the point on listing, Winking Studios is the sixth to list on the SGX in 2023 in a fully subscribed IPO. The company said prior to its listing that it intends to use its proceeds to establish overseas subsidiaries and offices in Asia.
It wants to double down on business development and marketing efforts in the US and Europe, as well as pursue strategic acquisitions to grow its market share.
But why is the firm expanding its sphere of influence lately and what opportunities does it see in the art outsourcing market in the near term?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Johnny Jan, Executive Chairman and Chief Executive Officer, Winking Studios.See omnystudio.com/listener for privacy information.
1/2/2024 • 15 minutes, 9 seconds
Market View: What should we watch out for in private credit markets in 2024?
In this special edition of Market View, we’re going to take you through some of the key highlights for the private credit market in 2023, as well as what to watch out for in 2024.
But first things first, what exactly is private credit? Well, according to Preqin, private credit refers to the provision of debt finance to companies from funds, rather than banks, bank-led syndicates or public markets.
This mode of financing has seen continued global momentum of late. For one thing, local bank DBS said private credit soared to US$1.6 trillion globally and US$350 billion in dry powder.
But what is driving the momentum, and how far have higher interest rates and public bond yields complicated matters?
And with Asia constituting 41% of global GDP and exhibiting robust fundamentals, DBS added that Asia remains a bright spot despite a recent dip in credit and private equity fund raising.
But why is this the case, and what lies ahead for the private credit landscape for 2024?
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the projections with Clifford Lee, Global Head of Fixed Income, DBS Bank.See omnystudio.com/listener for privacy information.
12/28/2023 • 18 minutes, 48 seconds
Market View: Outrageous Predictions that would send shockwaves across financial markets in 2024
In this special edition of Market View, we’re going to let our imagination run wild and look at a series of Outrageous Predictions for 2024.
Done by online trading and investment firm Saxo annually, the predictions focus on a series of unlikely but underappreciated events which, if they were to occur, would send shockwaves across financial markets.
The title for this year’s predictions is called “The End of the Road” – for complacency that is. Entering 2024, Saxo sees a world at an inflection point, with the familiar road of the last decade coming to an end.
What that means, according to Saxo’s Chief Investment Officer, Steen Jakobsen, is that the smooth road the world has travelled on since the Great Financial Crisis, with stable geopolitics, low inflation,and low interest rates has now been disrupted, and that we now see a future filled with unpredictability ahead of us.
Some of his out-of-the-box predictions include: oil prices at US$150, Saudi buying the Champions League franchise, the world hit by a major health crisis due to obesity drugs, Generative AI deepfakes triggering a national security crisis, and luxury shares plunging on an EU wealth tax.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the predictions with Steen Jakobsen, Chief Investment Officer at Saxo.See omnystudio.com/listener for privacy information.
12/27/2023 • 18 minutes, 42 seconds
Sports Minutes: Recapping all the highs and lows of 2023!
From Shanti Pereira's heroics, to Scuderia Ferrari's triumph in the Lion City....from Angela Lee's emotional retirement and fight against mental health, to Safuwan Baharudin's return from the wilderness to represent Singapore...from Cristiano Ronaldo blazing a trail in Saudi football, to Lionel Messi's swansong in Europe...2023 delivered on so many fronts! What was your favourite sporting moment? We recap and relive the best the year had to offer.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
12/19/2023 • 16 minutes, 23 seconds
Culture Club: Marina Bay Singapore Countdown to highlight underserved charities and communities
For the 4th year in a row, The Majurity Trust (TMT) is partnering with the Marina Bay Singapore Countdown 2024, presented by the Urban Redevelopment Authority.
This year’s collaboration, titled ‘Brightening Lives’ will see beautiful light projections expertly mapped onto some of Singapore’s most iconic landmarks, such as the Merlion, the Fullerton Hotel, and for the first time, the ArtScience Museum.
Martin Tan, Chief Executive Officer, The Majurity Trust tell us more about this year’s project and how it can help benefit communities in need.See omnystudio.com/listener for privacy information.
12/19/2023 • 14 minutes, 15 seconds
Why It Matters: Singaporeans more confident at spotting scams, so might we become complacent?
Toku, one of Asia Pacific’s leading cloud communications and customer experience software companies, has recently unveiled new research and it shows that three out of four of Singapore consumers are more confident in recognising scam calls and SMS than they were 12 months ago.
But while we are confident, why are the number of people falling prey to scammers still on the rise? Will we become complacent?
Thomas Laboulle, Founder and CEO, Toku shares his views. See omnystudio.com/listener for privacy information.
12/19/2023 • 12 minutes, 24 seconds
China Perspective: Will the results from the upcoming Taiwan elections impact China's ambition for unification?
From two Chinese balloons flying across the sensitive median line separating Taiwan from China to how closely the country is watching Taiwan’s upcoming presidential election.
Chong Ja Ian, Associate Professor of Political Science, NUS & Non-Resident Scholar, Carnegie China gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
12/19/2023 • 8 minutes, 8 seconds
Sports Minutes: Anfield stalemate sparks accusations of arrogance!
Liverpool dropped their first home points of the Premier League season as they were held to a 0-0 draw by Manchester United and the Reds' captain Virgil van Dijk felt "only one team tried to win" - a comment that pundit and former Red Devil skipper Roy Keane, felt smacked of arrogance. Was it arrogance or was it frustration? You be the judge!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
12/18/2023 • 13 minutes, 56 seconds
Culture Club: How to lead in turbulent times
The World Economic Forum reports that the global gender gap will take 135.6 years to close at the current rate. Ongoing wars and conflicts exacerbate humanitarian needs and economic instability, and the World Bank notes that many developing countries are struggling to return to pre-pandemic growth levels.
So how can one emerge as an effective leader in such turbulent times? What should leaders focus on?
Durreen Shahnaz, Founder and CEO, Impact Investment Exchange (IIX) and IIX Foundation shares her views. See omnystudio.com/listener for privacy information.
12/18/2023 • 13 minutes
Why It Matters: Singapore's top online searches for 2023 unveiled
We take a journey into the hearts and minds of netizens in Singapore with Yahoo Year in Review 2023.
The review highlights all the top things that have captivated and captured their attention, from the most searched local celebrities and newsmakers to tech gadgets, athletes, beauty brands, travel, stocks, and more.
Esther Au Yong, Head of Yahoo Finance, SEA delve with us into details of all that has captured the interest of Singapore netizens this year. See omnystudio.com/listener for privacy information.
12/18/2023 • 9 minutes, 11 seconds
Washington Report: Joe Biden faces impeachment inquiry. Will the US President be removed?
The US House of Representatives has voted to formally open an impeachment inquiry into US President Joe Biden.
Is there evidence that Biden committed any wrongdoing? And will the president really be impeached?
On Washington Report, we take stock of the year that was and what’s on the agenda for the US in 2024 with Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific.See omnystudio.com/listener for privacy information.
12/18/2023 • 13 minutes, 52 seconds
Culture Club: Craving for Japan’s quality produce? Agricultural experts bring them straight from local farms to your table
Nourishing your body and soul with good food does not have to come with a heavy price tag. Chitose Agriculture is importing the farming techniques right to our local farms instead, bringing the freshest Japanese produce right to your table.So how does their proprietary advanced monitoring system work? Justin Lim, Regional Business Development Manager, Chitose Agriculture shares more with us. See omnystudio.com/listener for privacy information.
12/15/2023 • 10 minutes, 52 seconds
Market View: US Financial Stability Oversight Council flagged risks posed by AI for the first time in report; China’s home prices and retail sales; Keppel DC Reit’s Chinese subsidiary issues letter of demand to tenant; Manulife US Reit’s unitholders voted overwhelmingly in favour or recapitalisation plan
Singapore stocks opened muted today amid a mixed performance among index counters. That is in contrast with global markets, which finished higher overnight.
In early trade, the Straits Times Index (STI) headed down 0.04 per cent to 3,121.85 points, after 93.4 million securities changed hands in the broader market.
In terms of companies to watch today, we have Keppel DC Reit. That’s as the Reit’s Chinese subsidiary has issued a letter of demand to its tenant of three data centres in Guangdong, to recover 48.3 million yuan (S$9.1 million) of late rentals, interests and taxes.
Meanwhile from more on China’s home prices and retail activity to US regulators adding artificial intelligence to its list of potential financial system risks, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
12/15/2023 • 8 minutes, 48 seconds
Why It Matters: Tata Communications partners with Singapore Airlines to boost user experience
Global digital ecosystem enabler Tata Communications is partnering with Singapore Airlines to transform the airlines communications and collaboration tools to enhance employee productivity and boost user experience.
Amitabh Sarkar, Vice President & Head of Asia Pacific and Japan – Enterprise, Tata Communications shares more about the cutting-edge technologies delivered as part of this partnership, and how does Tata Communications sets SIA up for the future of aviation.See omnystudio.com/listener for privacy information.
12/15/2023 • 12 minutes, 11 seconds
Culture Club: The future of urban living at One Holland Village
One Holland Village has opened to the public this December. Part of the One Holland Village development by Far East Organization, the pet-friendly mall is designed as a welcoming open-air space, with a slew of special features that cater specially to you and your pooches.
Graham Ng, Managing Director, Retail Business Group of Far East Organization shares more about One Holland Village's bold development into a vibrant and dynamic urban retail space.See omnystudio.com/listener for privacy information.
12/15/2023 • 8 minutes, 21 seconds
Weekly Wrap Up: Singapore retrenchments saw an increase in 3Q2023, should we be worried?
Finalised Ministry of Manpower (MOM) data for the third quarter of 2023 has shown that the number of job vacancies was at 78,400 in September. The data also revealed that Singapore retrenchments numbers saw an increase in 3Q2023.
As we embark into a new year, will Singapore’s job market continue to cool?
Song Seng Wun, Economic Consultant, CGS CIMB Securities shares his views. See omnystudio.com/listener for privacy information.
12/15/2023 • 10 minutes, 40 seconds
Under the Radar: How does a SPAC merger work? - RF Acquisition sheds the light on its business combination deal with Singapore-based video game distributor GCL
How does a SPAC merger work exactly and how does a special purpose acquisition company’s management choose a target firm to acquire, and eventually exit?
These are the questions we seek to address in today’s session with our guest from RF Acquisition.
Listed on the US NASDAQ in March 2022, RF Acquisition is a SPAC or a blank cheque company which uses proceeds from its initial public offering to merge with a private firm.
It had in October signed a deal with Singapore-based video game distributor Grand Centrex Limited that values it at US$1.2 billion.
For context, GCL is a firm with over 15 multi-year deals with big name publishers like CD Projekt Red, Warner Brothers and SEGA and is responsible for bringing games such as the Cyberpunk 2077 into Singapore.
It sells and distributes to retailers and consumers in Asia physical and digital copies of video games that are compatible with major gaming consoles such as Sony PlayStation, Microsoft Xbox, and personal computers.
The company also moved into media and content creation and you might also know it as the company that backed YouTuber Jian Hao Tan’s Titan Digital Media Group.
But a number of questions here – how did RF Acquisition eventually decide on merging with GCL and what’s next after signing the deal with the target firm?
Meanwhile, the deal is set to fetch US$42.9 million in proceeds for GCL - so what is the basis behind the projection? How and when can the management of RF Acquisition cash out and what is the ROI RF Acquisition is seeking?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Ng Tse Meng, Chairman and CEO, RF Acquisition Corp.See omnystudio.com/listener for privacy information.
12/15/2023 • 11 minutes, 46 seconds
Sports Minutes: Reviewing the thrills & spills of the 2023 domestic football season in Singapore
With the 2023 domestic football season wrapping up in Singapore, we are joined by Deepanraj Ganesan, sports reporter with The Straits Times, to review the highs and the lows of 2023. We also look ahead to 2024 and what we can expect.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
12/14/2023 • 25 minutes, 9 seconds
Market View: US Fed holds rates, signals three cuts in 2024; Country Garden to sell small sake in Dalian Wanda unit; Manulife US Reit on approvals relating to recapitalisation plans; Sembcorp Industries awarded 300-megawatt solar project from India’s NHPC
Singapore shares opened on a strong footing today after US equities rallied overnight, with the Dow Jones posting a record high on signals of lower borrowing costs in 2024.
In early trade, the Straits Times Index (STI) rose 0.7 per cent to 3,124.90 points after 73.1 million securities changed hands in the broader market.
In terms of companies to watch, we have Sembcorp Industries, after the group said it was awarded a 300-megawatt solar project from NHPC, an enterprise of India’s government.
Meanwhile, from the US Federal Reserve signalling three rate cuts in 2024, to news of Country Garden selling a small stake in a Dalian Wanda Unit, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.See omnystudio.com/listener for privacy information.
12/14/2023 • 10 minutes, 57 seconds
Why It Matters: Generation X, the forgotten cohort in the workforce
As workers continue to experience evolving hybrid work arrangements against a backdrop of economic uncertainty and transformation, Qualtrics’ 2024 Employee Experience Trends Report has revealed the indicators of an optimal employee experience in Singapore have stalled over the last 12 months.
Dr Cecelia Herbert, Principal XM Catalyst, Qualtrics XM Institute tell us more about the study and why Generation X are reporting the lowest levels of engagement, inclusion, and well-being across the board.See omnystudio.com/listener for privacy information.
12/14/2023 • 8 minutes, 58 seconds
Euro Watch: UK PM Rishi Sunak survives the Rwanda Bill vote, but what's next?
British Prime Minister Rishi Sunak’s emergency bill to revive his plan to send asylum seekers to Rwanda has avoided defeat in parliament.
Despite the victory, the result showed the prime minister is struggling to maintain control over his party. So, what’s next for Rishi Sunak after winning the Rwanda bill vote? What obstacles will he have to overcome in the New Year?
Dr Samir Puri, Associate Fellow, UK in the World Programme, Chatham House explains. See omnystudio.com/listener for privacy information.
12/14/2023 • 15 minutes, 30 seconds
Under the Radar: Behind your kiwifruit - Zespri on innovation, IP protection of kiwifruit varieties, and growing demand for the produce
Today we’re going to bring you an inside look into the kiwi fruit we eat from time to time for that Vitamin C boost!
Based in New Zealand, Zespri is one of the world’s most successful horticultural marketing companies and its the country’s largest horticultural exporter.
Just to give you some numbers, the firm exports over 167 million trays of kiwifruit to more than 50 countries around the world. We’re talking about 30 per cent of global volume and sales revenues of US$3.1 billion.
But how does the company work? Well Zespri is 100 per cent owned by current or past kiwifruit growers.
It manages kiwifruit innovation, supply and distribution management and marketing of varieties such as Zespri™ Green, Zespri™ Gold Kiwifruit and Zespri™ Red.
Aside from exporting products, it also gives out licences to farmers to farm certain varieties of kiwifruits – for instance the golden kiwifruit variety that is sweeter and higher in nutrients.
That said, how does the firm assess its reliance on a single type of fruit for production and business growth? Also – where are the bright spots for Zespri in the near term?
Meanwhile, Zespri also launched a US$2 million innovation fund to drive agricultural innovation and mitigate the impact of climate change globally. But what can we look out for on this front?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Jiunn Shih, Global Chief Marketing, Innovation & Sustainability Officer of Zespri. See omnystudio.com/listener for privacy information.
12/14/2023 • 27 minutes, 38 seconds
Sports Minutes: Where to from here for Manchester United?
Manchester United's defeat to Bayern Munich at Old Trafford leaves them out of the Champions League and out of Europe after finishing bottom of their group. Even more worryingly, the problems at the club appear no nearer to being solved under Erik ten Hag. So where to from here for the once mighty Manchester United?
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
12/13/2023 • 14 minutes, 17 seconds
Why It Matters: Small homes drive self-storage investments in Asia Pacific
Why is self-storage space rental high in demand in Singapore and Asia Pacific?
That's because rents for small homes, increasing affluence and work-from-home practices in Asia have fuelled demand for self-storage and piqued investor interest in the nascent sector.
Luigi La Tona, Group Director of Operations, StorHub shares what that means for the future of self-storage in Singapore, as living arrangements continue to evolve post-pandemic.See omnystudio.com/listener for privacy information.
12/13/2023 • 11 minutes, 51 seconds
Culture Club: Bringing classic theatre productions to Singapore
In an era where theatres are reshaping themselves to captivate modern audiences, ABA Productions proudly upholds its enduring devotion to the timeless classics, keeping the magic alive for generations to come. From Shakespeare’s Romeo and Juliet to Peter Pan to Roald Dahl’s tales, they believe that these timeless literary pieces should transcend time and borders.
And now, they will be bringing the musical adaptation of the hit DreamWorks motion picture, Madagascar, to Singapore in January 2024.
Matthew Gregory, Executive Producer, ABA Productions tell us more.
See omnystudio.com/listener for privacy information.
12/13/2023 • 13 minutes, 27 seconds
Market View: ST Engineering acquires D’Crypt from Starhub unit; Japanese government reportedly planning to offer tax incentives to boost mass productions in EV, semiconductor devices; Zara, H&M versus Shein; Netflix releases first global midyear viewer data vs Hollywood worker strikes; US CPI unexpectedly rose in November; FOMC rate, dot plot expectations
Singapore stocks opened on a muted note today after global equities ended mixed overnight.
In early trade, the Straits Times index (STI) was down 0.02 per cent at 3,101.8 points after 54.9 million securities changed hands in the broader market.
In terms of companies to watch for today, we have ST Engineering and StarHub. Both parties said separately today that the defence and engineering group will acquire cryptographic technology company D’Crypt from a StarHub unit.
Elsewhere from more on private sector economists’ forecast for Singapore’s 2024 growth to Japan planning tax breaks for 10 years to boost EV and chip production, and what to expect ahead of the latest US FOMC meeting more economic developments remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.See omnystudio.com/listener for privacy information.
12/13/2023 • 12 minutes, 20 seconds
Regional Round Up: Anwar shakes up cabinet, what can the new faces bring to the table?
From Malaysia announcing a major cabinet reshuffling yesterday to more Rohingya refugees landing in Indonesia's Aceh.
Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
12/13/2023 • 11 minutes, 28 seconds
Under the Radar: Restoring video feeds in real-time to enhance safety – ProHawk AI’s on its growth trajectory and working with clients like SpaceX and Boeing
Making the world a safer and better place to live through the use of restoring blurry videos - that’s what we’re going to talk about on the segment.
Our guest for today is ProHawk AI, a company focusing on video restoration. Video restoration refers to the technical process of transforming noisy, obscured, or unclear video to clear understandable video.
Imagine manipulating every pixel in a high-resolution frame of video. ProHawk does that in real time, with a per-frame processing rate of 16 microseconds.
But what has video restoration got to do with making the world a safer place you might ask? Well, we use video feeds for security, automation, transportation and a multitude of other applications. For instance, videos can be used to interpret traffic, assist law enforcement and even in the medical setting.
Making sure that video feeds are clear in real time can result in more reliable performance regardless of adverse lighting or extreme weather, hence allowing operators to identify threats in a timely fashion and hence, making the world safer.
The firm is part of the Nvidia Metropolis partnership programme where over 1,000 companies bring to market Vision AI powered solutions across industries. The firm also said it’s partnered with Dell Technologies.
But what does the partnerships mean for ProHawk AI when it comes to product innovation, growth as well as finances?
Speaking of growth, Statista data showed that the global computer vision market is projected to see a market volume of US$50.97 billion by 2030. But how does ProHawk AI assess its growth trajectory?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Brent Willis, Chief Operating Officer ProHawk AI.See omnystudio.com/listener for privacy information.
12/13/2023 • 19 minutes, 15 seconds
Sports Minutes: Pochettino or ten Hag, who leads the Premier League sack race?
With Chelsea and Manchester United both flattering to deceive, we discuss how two of the Premier League's most successful clubs, who have each reached three Champions League finals in the past 15 years, have become the definition of dysfunction. And which manager is leading the sack race?
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
12/12/2023 • 14 minutes, 42 seconds
Culture Club: Art Works Gallery partners Lamborghini Singapore, showcasing exhilarating live art performance
The Art Works Gallery is now open at the new One Holland Village development. And to mark this milestone, the gallery has partnered with Lamborghini Singapore to showcase an exhilarating live art performance.
Chris Hallewell, Chief Operations Officer, Art Works Group shares more details on their partnership with Lamborghini.See omnystudio.com/listener for privacy information.
12/12/2023 • 14 minutes, 52 seconds
Why It Matters: Should we retire the term “black swan events”?
Since the Covid-19 pandemic, the term “black swan events” has been thrust into the spotlight to describe events that are unpredictable and leave behind severe consequences. But with a new year just around the corner, is it time for businesses to retire the term?
What strategies can businesses adopt to help weather everyday disruptions, making these uncertainties feel less “black swan”, and more “water off a duck’s back”?
Charles Ferguson, APAC General Manager, G-P shares his views. See omnystudio.com/listener for privacy information.
12/12/2023 • 11 minutes, 8 seconds
Under the Radar: The startup behind 4D-printed orthopaedic casts – Castomize on the strategic value of working with hospitals, incubators, accelerators and its growth trajectory ahead
Making healthcare more accessible, effective and less invasive. That’s the ambition of our guest for today, Castomize.
Spun off from the Singapore University of Technology and Design in late 2022, the firm aims to do so through the use of medical devices made with advanced manufacturing techniques.
It has since launched its first device, a series of 4D-printed orthopaedic casts which are more comfortable and convenient for patients. The casts are also easier for doctors to apply and remove, and require less resources for hospitals to deploy.
The casts have won awards at multiple startup events including the K-Startup Grand Challenge.
As a firm, Castomize was also selected as the first startup in incubator VentureBlick’s super incubator programme.
It is also working with other incubators and accelerators such as Shinhan Square Bridge Incheon, Singapore Management University’s Business Innovations Generator, the Temasek Launchpad and the SUTD.
But what is the strategic value of working with these players and how does the Castomize envision its growth trajectory to be like?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Abel Teo, CEO, Castomize.See omnystudio.com/listener for privacy information.
12/12/2023 • 20 minutes, 9 seconds
China Perspective: President Xi visits Vietnam, an emphasise that they have not lost to the US?
From Chinese and Philippine vessels colliding on contested waters to the agenda behind Chinese President Xi Jinping's two day visit to Vietnam starting today.
We have on the line Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
12/12/2023 • 8 minutes, 9 seconds
Culture Club: How the gaps in the healthcare system became apparent after the experience of losing a loved one
Our next guest has one of the most fascinating career progressions one could ever come across. From being an ASEAN scholar at Raffles Junior College to a surgeon, investment banker, c-suite at a large healthcare group and now a start-up founder with MiyaHeath.
His motivation to start his own company was because of his experience of losing a loved one, which made him realise the apparent gaps in our healthcare system.
Dr Ramesh Rajentheran, CEO & Co-Founder, MiyaHealth shares his story with us. See omnystudio.com/listener for privacy information.
12/11/2023 • 15 minutes, 56 seconds
Under the Radar: Providing business coaching for the likes of LVMH, L’Oreal and Twitter – CoachHub on key drivers of growth ahead and its rapid expansion in Asia post funding from Sofina, Softbank Fund Vision 2
Today we’re going to talk about a company that helps organisations create a personalised, measurable and scalable coaching programme for the entire workforce regardless of department and seniority level.
Founded in 2018, CoachHub is a leading global talent development platform with over 3,500 certified business coaches in 90 countries.
The firm provides sessions in over 60 languages and serves over 1,000 clients around the world. They include some of the biggest names including Coca-Cola, Toyota, LVMH, L’Oreal and Twitter.
It says coaching helps firms reap benefits from increased employee engagement, higher levels of productivity, improved job performance and increased retention.
And it seems like the market for coaching is a lucrative one. According to a 2020 International Coaching Federation (ICF) study undertaken by PwC, the estimated global total revenue from coaching in 2019 was US$2.849 billion, representing a 21% increase over the 2015 estimate.
But what are the drivers of growth in the industry and what do they mean for CoachHub?
Meanwhile, CoachHub raised US$200 million in Series C funding in a round led by Sofina and Softbank Fund Vision 2 in June last year.
The company said then that it wants to use the money to expand its footprint within the APAC region, particularly in Singapore.
But what is the strategic value brought about by this group of investors, and how far has CoachHub’s plans to expand within Asia been realised, one year down the road?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Jimmy Li, VP for APAC, CoachHub.See omnystudio.com/listener for privacy information.
12/11/2023 • 25 minutes, 25 seconds
Market View: Japan’s economy fell faster than expected in Q3 vs Yen’s rally; Google’s Gemini AI model; November’s nonfarm payrolls expectations;From Vertex Spac to 17Live Group; Thomson Medical gets extension to restore public float; Sasseur Reit subsidiary’s extension of loan
Singapore stocks were pulled into positive territory today. That’s amid overnight gains on Wall Street, with the Nasdaq ending sharply higher, supported by heavy-weight tech stocks.
In early trade, the Straits Times Index (STI) added 0.5 per cent to 3,090.02 points after 104.8 million securities changed hands in the broader market.
In terms of companies to watch today, we have Vertex SPAC. The first special-purpose acquisition company of Singapore begins trading as 17Live Group today upon the completion of its business combination.
Elsewhere from Japan’s economy falling faster than initially expected in the third quarter, to Google’s latest AI model for consumers, and expectations for November’s US non-farm payrolls, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
12/8/2023 • 11 minutes, 49 seconds
Culture Club: Turning a 70-year-old winery into the next luxury brand
The Australian wine industry is one of the world's largest exporters of wine. Australia has exported 625 million litres of wine in 2021 and 2022, and its valued at $2.1 billion. And now one of the world's largest wine companies, Treasury Premium Brands has earmarked Australian heritage winery Wynns Coonawarra Estate to be its next luxury brand.
Kjetil Undhjem, Chief Marketing Officer, Treasury Premium Brands shares how his company plans to turn the 70 year old winery to the next luxury brand. See omnystudio.com/listener for privacy information.
12/8/2023 • 10 minutes, 25 seconds
Why It Matters: Is it possible to build robots without coding? Augmentus brings 'no-code' robotics to the world
Artificial intelligence is already having a major impact on many industries around the world, and it is only going to become more important in the future. In fact, the global robot software market is estimated to generate $47.24 billion by 2030.
But how will 'no-code' robotics continue to push the boundaries of automation and AI? Daryl Lim, Co-Founder of Augmentus explains.
Augmentus has recently announced the successful completion of its USD 5M Series A round led by Sierra Ventures to revolutionize industrial robotics with its patented no-code and vision-based system.See omnystudio.com/listener for privacy information.
12/8/2023 • 13 minutes, 14 seconds
Weekly Wrap Up: ComfortDelGro to raise cab fares, is there a real need for it?
Singapore's largest taxi operator ComfortDelGro has announced that it will increase its cab fares to help cabbies defray higher operating costs. The last time this was done was back in March 2022. A new peak hour surcharge will also be implemented from 10am to 1.59pm on Saturdays, Sundays and public holidays.
But is there a real need for them to do so again?
Walter Theseira, Associate Professor, Economics & Head, Master of Management (Urban Transportation) Programme, Singapore University of Social Sciences shares his views. See omnystudio.com/listener for privacy information.
12/8/2023 • 9 minutes, 16 seconds
Under the Radar: How is Swift facilitating cross-border transactions and ensuring interoperability of CBDCs?
Messaging tools are much needed not just between individuals like you and me, but also between banks and financial institutions to support global and local financial flows, as well as trade and commerce all around the world.
Founded in 1973, our guest Swift is a global member-owned cooperative and also the world’s leading provider of financial messaging services.
While it does not hold funds or manage accounts on behalf of customers, Swift enables its community of users to communicate securely and exchange standardised financial messages in a reliable way.
So far, its platform, products and services connect over 11,500 banking and securities organisations, market infrastructures and corporate customers in more than 200 countries and territories.
The cooperative reported that close to 90% (89%) of cross-border transactions processed on its network reached recipient banks within an hour, ahead of speed targets set out by the Financial Stability Board. How is that achieved and what does it mean for Swift looking ahead?
Meanwhile, Swift also developed a Central Bank Digital Currency solution that interlinks CBDC networks and existing payment systems for cross-border transactions. But what wider implications will this have on the financial industry?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Sharon Toh, Head of ASEAN Region, Swift.See omnystudio.com/listener for privacy information.
12/8/2023 • 23 minutes
Why It Matters: Tackling staff shortages & tech for good healthcare in Singapore
Health systems around the world are facing persisting and growing challenges, including an ageing population, health inequity, and workforce shortages.
As the recent pandemic further widens the healthcare workforce gap, can digital tech plug the shortfall of workforce in the healthcare industry?
To unpack the findings from the Philips Future Health Index 2023 is Ivy Lai, Country Manager, Philips Singapore.See omnystudio.com/listener for privacy information.
12/8/2023 • 11 minutes, 58 seconds
Euro Watch: Can EU & Chinese leaders address trade imbalances at EU-China summit 2023?
This week’s summit between European Union and Chinese leaders will mark the capstone of a year of intensive in-person engagement between Chinese and European leaders. Trade is expected to be the dominant issue at this year’s summit.
What issues are likely to be on the agenda or what outcomes can we expect? And what is on the table in EU-China relations in 2024?
Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific shares his insights. See omnystudio.com/listener for privacy information.
12/8/2023 • 11 minutes, 35 seconds
Market View: ADP payroll numbers; ComfortDelGro raises flag-down fares for taxis; Keppel’s tie-up with Abu Dhabi Future Energy Company; SIAS questions Manulife US Reit’s fundraising proposal; BoE voices concerns about US$1.6t private credit market
Singapore stocks started the day on a softer note, mirroring overnight losses on Wall Street.
In early trade, the Straits Times Index (STI) headed down 0.6 per cent to 3,070.31 points after 36.8 million securities changed hands in the broader market.
In terms of companies to watch, we have Manulife US Reit, after investor watchdog Securities Investors Association (Singapore), or Sias, questioned Manulife US Reit’s fundraising proposal of a mix of asset dispositions and a sponsor-lender loan.
Elsewhere, from ComfortDelgro raising taxi fares to more on concerns over the US$1.6 trillion private credit market, more corporate and international headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.See omnystudio.com/listener for privacy information.
12/7/2023 • 12 minutes, 34 seconds
Under the Radar: Why is Sasa making a comeback in Singapore?
Today we’re going to talk about Hong Kong’s biggest cosmetics chain. Make a guess – the chain is known for its pink-and-white shop front.
Does Sasa ring a bell? Founded in 1978, Hong-Kong-listed Sasa first launched in Singapore in 1997 and grew over the years to become the go-to place for make-up and personal care products in the early 2000s.
While it was positioned as a discount retailer, the firm’s diversified portfolio extends to over 9,000 products from over 600 international brands of skincare, fragrance, make-up, hair care and more.
A lot has changed in recent years with the entry of retailers such as Sephora and the boom in e-commerce, and the firm closed all 22 shops some three years ago.
But that’s just the start of a new chapter of Sasa’s journey in Singapore, as the firm is making a comeback with its new outlet at Jurong Point Shopping Centre today!
Question is – why is Sasa re-entering Singapore right now? What opportunities does it see in Singapore and what will it do differently to thrive in the lion city?
And how does Sasa assess its growth and expansion strategy at a group level with the global retail industry still reeling from the effects of COVID-19 pandemic curbs?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Danny Ho, Executive Director and Chief Financial Officer, Sa Sa International Holdings.See omnystudio.com/listener for privacy information.
12/7/2023 • 21 minutes, 59 seconds
Culture Club: Connecting nations - Exclusive insight into Kazakhstan
If you are looking for a place that combines rich historical significance with a variety of activities, Kazakhstan should be at the top of your travel list. As the world's largest landlocked country, Kazakhstan is the ninth largest country in the world, covering an area equivalent to Western Europe.
We get an exclusive inside of Kazakhstan and the potential the country has to be the Singapore of Eurasia with His Excellency, Askar Kuttykadam, Ambassador of Kazakhstan to Singapore, Australia and New Zealand. See omnystudio.com/listener for privacy information.
12/6/2023 • 13 minutes, 50 seconds
Market View: US JOLTS report, job openings fall to over 2.5 year low; Yellen’s comments on economists’ prediction on high unemployment; China’s blue chip stocks hit 5-year lows on Moody's cut to China’s credit outlook; Nio deeper into the red, works on further cost cutting
Singapore stocks opened slightly lower today after global equities closed largely on a positive note.
In early trade, the Straits Times Index (STI) was down 0.1 per cent to 3,074.93 points after 21.2 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Nio. The electric vehicle player sank deeper into the red with a net loss of 4.6 billion yuan (S$868.7 million) for the third quarter of FY2023.
Elsewhere from US job openings falling to a more than two-and-a-half year low in October to China blue-chip stocks hitting 5-year lows, more international and corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.See omnystudio.com/listener for privacy information.
12/6/2023 • 10 minutes, 30 seconds
Regional Roundup: Could Dr Sam be Malaysia's future prime minister contender?
From Parti Islam Se-Malaysia (PAS) retaining their Kemaman seat with candidate Dr Ahmad Samsuri Mokhtar to six Thai hostages kidnapped and held for weeks in the Gaza Strip by Hamas arriving back home on Monday.
Adib Zalkapli, Director, BowerGroupAsia gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
12/6/2023 • 10 minutes, 12 seconds
Under the Radar: Why is Carrier Corporation transforming itself as a pure-play, global leader in intelligent climate and energy solutions, and what opportunities does it see in the HVAC market in Singapore?
This conversation is set to help you cool down in sunny Singapore.
Our guest for today is Carrier Corporation, which is a leading global provider of sustainable and intelligent building and cold chain solutions.
The firm is mainly focused on three business areas, namely heating, ventilation and cooling or HVAC, refrigeration and fire and security.
In total, the segments generate US$20.4 billion in net sales for the year of 2022, with Asia Pacific contributing some 17% to the figure.
With the global heating, ventilation and cooling (HVAC) system market projected to grow to US$228.74 billion by 2030, how does Carrier intend to capture growth looking ahead?
What is its area of focus within Asia and particularly in the Southeast Asian markets of Singapore, Malaysia and Brunei?
Meanwhile, Carrier had in April announced strategic actions to transform its business portfolio and establish itself as a pure-play, global leader in intelligent climate and energy solutions. But what were the reasons behind that?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Chong Wai Yen, Managing Director, Carrier Corporation.See omnystudio.com/listener for privacy information.
12/6/2023 • 16 minutes, 44 seconds
Culture Club: Global luxury market to reach €1.5 trillion in 2023. Will 2024 break new records?
The global luxury market continues its upward trajectory and is projected to reach a record €1.5 trillion in 2023, according to a new report from Bain & Company and Italian luxury goods association Altagamma. This represents an 8-10% growth over 2022, proving the sector’s resilience amid economic uncertainty.
What trends will shape the luxury industry in 2024 and beyond? And as markets shift and consumer preferences change, how should luxury brands adapt in order to stay competitive?
Federica Levato, Partner at Bain & Company & Leader in Global Fashion and Luxury Goods Practice explains.
See omnystudio.com/listener for privacy information.
12/5/2023 • 10 minutes, 13 seconds
Market View: Has November’s rally fuelled by bets of rate cuts fizzled?; Bond outlook; Chinese Caixin/S&P Global services PMI rise to three-month high in November; Nvidia’s CEO on building network of semiconductor plants in Japan; Starbucks shares suffers record run of losses; Further upside to gold prices?
Singapore stocks opened weaker today following overnight losses on global markets.
In early trade, the Straits Times Index (STI) headed down 0.1 per cent to 3,080.87 points after 19.5 million securities changed hands in the broader market.
Meanwhile, international headlines are in focus today with investors mulling a private sector survey which showed China’s services activity expanded at a quicker pace in November.
Also in focus today – Nvidia’s CEO Jensen Huang’s comments that the firm will build a network of semiconductor plants in Japan, as well as US consumer spending outlook and gold prices.
On Market View, Drive Time’ finance presenter Chua Tian Tian unpacked the developments with Ken Shih, Head of Wealth Management, Greater China, SAXO Markets. See omnystudio.com/listener for privacy information.
12/5/2023 • 12 minutes, 32 seconds
Why It Matters: Protecting your holiday cheer from cyber scams
It is not uncommon for employees to use their corporate devices to hunt for tempting gift deals. This allure of online shopping and festive cheer also unfortunately brings with it an increased risk of holiday scams, which for businesses can lead to the compromise of sensitive corporate data and financial losses.
So what are the risks associated with employees using corporate devices for personal holiday shopping?
Lindsay Brown, Vice President and General Manager, Asia Pacific and Japan, GoTo shares how a secure IT infrastructure can help safeguard employees from scams in this shopping holiday period. See omnystudio.com/listener for privacy information.
12/5/2023 • 11 minutes, 50 seconds
Under the Radar: A Spotify playlist, but for food – Drigmo’s quest to build a social app around food reviews
Omakase, seafood buffet, beef steaks and warm bowls of ramen or perhaps delicious bowls of bak chor mee, or minced meat noodles topped with a dash of tangy black vinegar.
You might have seen countless videos of people recommending restaurants and eateries serving delectable meals on social media, but have you ever how many of them do you end up remembering and trying out?
Well, that’s the problem that our guest for today, Drigmo, aims to solve. Founded by ex-Googlers in 2022, Drigmo aims to be a Spotify playlist, but for food.
Put simply, it is a social app where users create their own restaurant lists, organise the places on a map, and bring the list to life by adding notes, pictures and videos. Users can also see what their friends have on their lists and save discoveries from them.
The app was first announced in Singapore via TikTok in March this year. Since then, users have saved over 45,000 places and created over 15,000 tags on the platform.
According to a DealStreetAsia article, the firm hopes to disrupt Google’s restaurant reviews. So how does the firm define the industry it operates in and its positioning strategy?
More importantly, how much money is in the restaurant review business and what does Drigmo’s growth trajectory look like in the near future?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Pieter Walraven, Co-founder, Drigmo.See omnystudio.com/listener for privacy information.
12/5/2023 • 24 minutes, 45 seconds
China Perspective: Is China's third plenum in 'uncharted territory'?
From China’s Communist Party signaling further delay to third plenum to China Evergrande Group granted an adjournment of a court hearing into a liquidation petition to January 29.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
12/5/2023 • 9 minutes, 17 seconds
Culture Club: From broadcaster to starting Singapore's first eye-movement psychotherapy practice
If money and accolades bring many of the finer things in life, why are "successful" Singaporeans still unhappy, unfulfilled, and dissatisfied? In fact, today 80 percent of senior executive leaders and C-suites in Singapore are on the verge of quitting, with Singapore losing S$16 billion a year because of crippling mental health conditions that lead to high absenteeism and low productivity.
Kellyjo Coney-Khan, Founder and Psychotherapist, Tidylodge shares with us stubborn barriers to achieving better mental health in Singapore, especially for C-Suites and high-net-worth working professionals. See omnystudio.com/listener for privacy information.
12/4/2023 • 15 minutes, 20 seconds
Why It Matters: How can retailers navigate the upcoming shopping season to meet consumer demands & maximize profitability?
There is no better time to shop in a year with the upcoming year-end sales fast approaching. Shopping has become increasingly convenient and exciting with the rise of e-commerce and alluring sales, both offline and online.
In tandem with this evolving retail landscape, how can retailers meet consumer demands and maximize profitability?
George Pepes, APAC Vertical Solutions Lead, Healthcare and Retail, Zebra Technologies explains the approaches retailers must take to satisfy shoppers’ needs for this upcoming holiday season as well as the key ingredients needed to successfully operate a modern store.See omnystudio.com/listener for privacy information.
12/4/2023 • 9 minutes, 31 seconds
Market View: Will Santa Claus give us another rally in December?; Jerome Powell’s comments on gold prices; Bitcoin breaks US$40,000; SGXRegCo’s new listing requirements for active ETFs; Singtel, CDL and sustainability-linked loans; Cyberattack on Koh Brothers Eco Engineering
Singapore stocks were pulled into positive territory at the open after stocks on Wall Street and Europe closed the previous week higher.
In early trade, the Straits Times Index headed up 0.2 per cent after 64.8 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Singtel. The telecommunications provider has secured its first green loan, amounting to S$535 million over a five-year tenure, from Singapore’s trio of local banks and Standard Chartered.
Elsewhere from Singapore getting ready to list active exchange-traded funds (ETFs) to China Evergrande granted an adjournment of a court hearing, more local and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
12/4/2023 • 13 minutes, 7 seconds
Under the Radar: The company that provides fragrances to Ariana Grande’s R.E.M and Calvin Klein's CK One – DSMFirmenich on the importance of its perfumery business post-merger, role of key Asian markets
Today we’re going to talk about a company formed from the merger of one of the world’s largest privately-owned fragrance & taste companies, Firmenich, as well as, DSM, a company who’s touted as a global, purpose-led leader in nutrition, health and well-being.
Formed in May 2023, the combined entity DSM-firmenich defines itself as an innovator in nutrition, health and beauty, with over 150 years of R&D experience.
The firm boasts a team of close to 30,000 employees across four main business areas, namely: (a) Perfumery and beauty, (b) Taste, Texture and Health, (c) Health, Nutrition and Care and (d) Animal Nutrition and Health.
In particular, the former Firmenich brought in over 4 million consumers it serves in over 100 markets several times a day in the fragrances and flavour markets through items like shampoo, shower gel and fine fragrance, including Ariana Grande’s R.E.M and Calvin Klein's CK One.
But how important will the perfumery business be in the newly merged company financially, and how will this influence the strategy ahead for the perfumery business?
Meanwhile, DSM-firmenich remains big on innovation on the perfume side of things. It had in October unveiled five new natural extracts from its Firgood Technology, but what does this mean for the firm where top and bottom lines are concerned?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Levenza Toh, VP, Perfumery, SEA, Japan & Korea at DSM-Firmenich.See omnystudio.com/listener for privacy information.
12/4/2023 • 20 minutes, 26 seconds
Washington Report: Remembering Henry Kissinger's impact in Southeast Asia
Henry Kissinger, the former US Secretary of State and National Security Adviser died on November 29 at the age of 100. While he was an influential member of the US government under two Presidents, Kissinger was also seen as a controversial figure in global politics. In fact, his legacy in Asia has been much debated.
How will Henry Kissinger be remembered in Southeast Asia? And what impact will he have on world politics for decades to come?
Pushan Dutt, Professor of Economics, INSEAD explains. See omnystudio.com/listener for privacy information.
12/4/2023 • 8 minutes, 24 seconds
Culture Club: Changing the Singaporean conversation around food
Did you know Singaporeans generated more than 740 million kilograms of food waste in 2019? That’s equivalent to the weight of 51,000 double-decker buses!
With more than 20% of people in Singapore still facing food insecurity issues, how can we change the conversation surrounding food to reduce waste?
Nicol Ng, CEO, X-Inc & Founder, The Foodbank Singapore and YPO member shares how her organization is looking to play a bigger role in the reduction of food wastage and food insecurity. See omnystudio.com/listener for privacy information.
12/4/2023 • 14 minutes, 32 seconds
Market View: STI movements amid OPEC+ announcements, October’s US Core PCE price index lowest since April 2021; IHH Healthcare doubles earnings; CapitaLand Ascott Trust, Frasers Centrepoint Trust, Golden Agri-Resources, Keppel DC Reit and Suntec Reit added to the STI reserve list; Cordlife Group down over 40% after MOH notice; Outlook for Sheng Siong; US retailers on ‘keep it’ returns policies
Singapore stocks were pulled into positive territory today after stock markets in the US and Europe ended mostly higher overnight.
In early trade, the Straits Times Index (STI) rose 0.3 per cent after 54.7 million securities changed hands in the broader market.
In terms of companies to watch today, we have IHH Healthcare. The mainboard-listed company reported earnings of RM532.1 million (S$152.7 million) for its third fiscal quarter ended September. That’s more than double the earnings in the corresponding year-ago period.
Meanwhile from CapitaLand Ascott Trust, Frasers Centrepoint Trust, Golden Agri-Resources, Keppel DC Reit and Suntec Reit added to the STI reserve list, to more on Sheng Siong and Cordlife Group, more local headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
12/1/2023 • 15 minutes, 22 seconds
Why It Matters: AI & analytics' role in the financial fraud battlefront
In this digital age, people are heavily reliant on online payments and new payment technologies for transactions. Keeping up with the trend, fraudsters are continuously finding creative ways to perpetuate their scams.
What role can data analytics plays in financial fraud detection, and what are the best strategies that regulators can implement to prevent financial crimes?
Ian Holmes, Global Lead for Enterprise Fraud Solutions, Director at SAS explains. See omnystudio.com/listener for privacy information.
12/1/2023 • 10 minutes, 53 seconds
Weekly Wrap Up: Salaries flat in SG, employers not keeping up pace with the rate of inflation?
According to the Ministry of Manpower (MOM) advance report of how Singapore’s labour market fared in the whole of 2023, with high inflation this year eating into the spending power of Singapore residents, the real incomes for workers at the 20th percentile fell by 3 percent compared with the same period last year, while that for median workers dipped by 2.3 percent, even as nominal wages grew.
Rahul Chawla, Partner and Head of Talent Solutions for Southeast Asia, Aon discusses with the report with us and the reason why employers are not keeping up pace with the rate of inflation. See omnystudio.com/listener for privacy information.
12/1/2023 • 10 minutes, 3 seconds
Under the Radar: From a German family business to a powerhouse for innovation, manufacturing and marketing of luxury skincare brands - BABOR BEAUTY GROUP’s Co-CEO Tim Waller on the firm’s rapid growth in the past decade
Skincare and cosmetics, yes that’s what we are going to talk about on this segment today!
Founded in 1956, our guest BABOR BEAUTY GROUP is a German family business that started out as a niche brand for professionals within the skincare industry.
The company has been headed by the third generation of the owner family since 2014 and has seen rapid growth that made it into the powerhouse for innovation, manufacturing and the marketing of industry leading luxury skincare brands.
Sales have grown from a double-digit million amount to over 240 million Euros. On the whole, the BABOR BEAUTY GROUP now employs over 900 people worldwide, with its brands represented in 70 countries by distributors or subsidiaries.
Question is – what did the third generation owners do differently to unlock the value we’ve seen, and what are the growth opportunities for the future?
Speaking of growth, BABOR now wants to deepen its presence in international markets. The goal is to increase the share of its business outside of Central Europe from about 30 per cent to between 60 and 70 per cent by 2030.
But what does the firm intend to do to achieve such ambitious goals, and which is the most important geographical market it will focus on as a starting point?
Meanwhile, the firm also recently underwent a rebranding initiative to strengthen its global premium positioning, but how far will this complement BABOR’s other efforts to internationalise?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Tim Waller, Co-CEO, BABOR BEAUTY GROUP and Group President, BABOR & Premium Brands.See omnystudio.com/listener for privacy information.
12/1/2023 • 19 minutes, 6 seconds
Market View: Microsoft to take non-voting, observer position on OpenAI’s board; Manulife US Reit down as much as 27.5%; Japan’s Nikkei rallies to best month in 2 years; Real median income in Singapore down 2.3% in 2023; Impact of Fed officials’ comments on interest rates, Chinese factory activity on STI movements
Singapore stocks opened weaker today, following heavy losses of the top-traded counter.
In early trade, the Straits Times Index (STI) headed down 0.2 per cent to 3,078.74 points after 45.7 million securities changed hands in the broader market.
In terms of companies to watch, we have Manulife US Reit. Units fell as much as 27.5% after the counter resumed trading today.
Its manager had earlier revealed plans to raise funds through a mix of asset dispositions and a sponsor-lender loan to remedy its financial covenant breach.
Elsewhere from Japan’s Nikkei rallying to log its best month in two years to Microsoft taking a non-voting, observer position on OpenAI’s board, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.See omnystudio.com/listener for privacy information.
11/30/2023 • 12 minutes, 17 seconds
Euro Watch: How 2,500-year-old Parthenon sculptures sparked a row between UK & Greece
Greece has accused Britain of showing "a lack of respect" by abruptly cancelling a meeting between their leaders at short notice in a dispute over ancient Greek sculptures brought to Britain in the early 19th century.
What are the Parthenon Sculptures at the centre of the row between Britain and Greece? How will this dispute reflect on British Prime Minister Rishi Sunak at a time when the UK is still in the grip of a cost-of-living crisis?
Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific breaks it down for us on Euro Watch.See omnystudio.com/listener for privacy information.
11/30/2023 • 9 minutes, 13 seconds
Why It Matters: Why talented workers are flocking to Switzerland and Singapore
Switzerland is once again the world's most talent-competitive country, followed by Singapore, according to INSEAD's 2023 Global Talent Competitiveness Index.
How have the world's most talent competitive countries competed to attract and nurture talent over the past decade? What are the lessons we can take away from the talent landscape and what is the outlook for talent competitiveness in the years to come?
Felipe Monteiro, Co-author and Academic Director of the Global Talent Competitiveness Index 2023 and Senior Affiliate Professor of Strategy, INSEAD explains.
See omnystudio.com/listener for privacy information.
11/30/2023 • 12 minutes, 35 seconds
Culture Club: Trends set to shape the future of hospitality design in 2024 and beyond
With the resurgence of global travel following the pandemic, our global perspective is more important than ever. Common to all our global work: experiences come first – personality-forward for our brand operators and tailored for unique experiences that speak to their brands and the local context.What opportunities do these post-pandemic hospitality trends present for architects and designers? We pose this question to Patrick Fejer, CEO of B+H Architects.
Meanwhile, landing in Singapore after almost a decade, the World Architecture Festival is launching its 2023 edition at the Marina Bay Sands between November 29 and December 1, 2023. Patrick gives us a peek into this year's program.See omnystudio.com/listener for privacy information.
11/30/2023 • 12 minutes, 24 seconds
Under the Radar: Glints’ Co-founder Ying Cong Seah sheds light on the growing demand of cross border talent and what this means for the startup’s strategy ahead
Building a talent ecosystem to help the 120 million professionals in Southeast Asia grow their careers.
Well, that’s the aspiration and the mission of our guest for today Glints. Founded in 2015, Glints is a recruitment platform that allows organisations to hire the right talent from anywhere in Southeast Asia.
With operations spanning across key markets such as Singapore, Indonesia and Vietnam, the firm has so far empowered over 3 million talent and supported 50,000 organisations in realising their human potential.
And according to a Tech In Asia report, the firm had in September registered “record-high” revenues in the 2022 financial year of S$45.4 million, an 85% year-on-year increase.
Glints attributed this to growing demand for cross border talent. This comes as firms become more willing to hunt for talent outside of their head offices.
But why is this the case? What bearing will this have on Glints’ strategy to acquire talent within Southeast Asia, and how far will this trend continue to drive Glint’s business looking ahead?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Ying Cong Seah, Co-founder, Glints.See omnystudio.com/listener for privacy information.
11/30/2023 • 15 minutes, 20 seconds
Culture Club: A Christmas tree without branches or leaves? Millenia Walk's twist to the Holidays
As an antithesis to usual Christmas celebrations with fabricated tree structures, Millenia Walk is encouraging a Singapore-first, eco-friendly Christmas celebration this year as part of the Millenia Walk Christmas With Our Trees initiative and its ongoing sustainability efforts.
This includes showcasing a 7-metre-tall Christmas tree made entirely out of 5.5 tonnes of salvaged wood in the form of “shelves” from our local felled trees.
Melanie Yeap, Head of Retail for the Pontiac Land Group and Quek Shian Pin, General Manager, Timber Actually share more about the inspiration behind the initiative as well as the importance of upcycling our local felled trees.See omnystudio.com/listener for privacy information.
11/30/2023 • 10 minutes, 40 seconds
Why It Matters: How will Sydney’s luxury property market hold up in 2024?
Among cities ranked as the world’s best for annual prime property price growth, three in the top 12 are Australian, according to Knight Frank’s Prime Global Cities Index Q3 2023 which tracked the movement of 46 luxury residential markets worldwide.
Given it's potential in 2023, how will Sydney’s luxury property market play out in 2024? What does it mean for international investors here in Singapore?
Alex Adams, Head of Sales and Marketing, Aqualand and Nerida Consibee, Economist share their insights. See omnystudio.com/listener for privacy information.
11/30/2023 • 9 minutes, 42 seconds
Market View: Fed Governor Christopher Waller’s comments; Berkshire’s Charlie Munger died aged 99; Manulife US Reit’s recapitalisation plan; Chinese stock investors ploughing money into ETFs at fastest pace on record; TikTok reportedly in process of obtaining e-commerce permit from Indonesia’s government
Singapore shares started trading in positive territory today, tracking gains in the US and Europe markets.
In early trade, the Straits Times Index (STI) was up by 0.5 per cent at 3,220.76 points as 51.3 million securities changed hands in the broader market.
In terms of companies to watch, we have Manulife US Reit, after it requested a trading halt this morning after releasing details of its recapitalisation plan, along with additional plans to reduce the Reit’s leverage.
Elsewhere from Chinese investors ploughing money into ETFs to the death of Warren Buffet’s right-hand man Charlie Munger, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.See omnystudio.com/listener for privacy information.
11/29/2023 • 10 minutes, 31 seconds
Regional Roundup: Is rejuvenation key to PKR's success moving forward?
From highlights to the recently concluded Parti Keadilan Rakyat (PKR) annual congress to Malaysia and Thailand looking to enhance their cooperation to proper economic growth.
Dr Mustafa Izzuddin, Senior International Affairs Analyst, Solaris Strategies Singapore gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
11/29/2023 • 8 minutes, 26 seconds
Under the Radar: Will Neopets see its heyday again after a management buyout?
You might have played Tamagotchi before, but for some of us who grew up in the early 2000s, we went for Neopets.
Founded in 1999, Neopets is an immersive, web-based pet game where we raise our virtual pets, collect free items under the Money Tree, and of course, haggle for goods with virtual shopkeepers and get chased off for making an unreasonable bargain.
The online game was a hit back then. According to Mashable, the game saw 25 million users at its peak. A lot has changed since, and Mashable said the firm saw daily active users worldwide shrunk to just 100,000 by 2017.
Some of the mini-games on the website have also become unplayable after the discontinuation of the Adobe Flash Software in 2020.
Internally, the firm has also seen multiple changes to its ownership, from being owned by Viacom, the parent company of Nickelodeon, in 2005, to JumpStart Games in 2014, and thereafter by NetDragon after it acquired JumpStart Games.
And when JumpStart Games closed this June, the firm became independent after an undisclosed management buyout deal.
Its new management now wants to change things up by restoring minigames and doubling down on the use of intellectual property in merchandise. It wants to bring lapsed players back into Neopia, and capitalise on the nostalgia former users had for Neopets.
But how sustainable is nostalgia as a value proposition, and will it be heyday again for Neopets?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Dominic Law, CEO, Neopets.See omnystudio.com/listener for privacy information.
11/29/2023 • 21 minutes, 39 seconds
Sports Minutes: Reviewing the thrills & spills of the 2023 F1 Season
As the 2023 F1 season came to a close, we look back on the campaign that was dominated by Max Verstappen - who clinched 19 of 23 race wins to seal an emphatic third world title. F1 Analyst Matthew Marsh is in the hot seat to give us his hot takes, including his pick on best & worst in class for the year.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
11/28/2023 • 17 minutes, 11 seconds
Culture Club: Mèlange spotlights South Asian fashion in Singapore
South Asian fashion is having its moment in the sun, shaping and embracing current global fashion trends.
From textiles to patterns and beading, South Asian style has been a significant presence in the industry, inspiring designers worldwide with its rich heritage.
But what about its presence here in Singapore? Samia Khan, Founder, Studio Mèlange shares how her platform is bringing the best of Indian designers to Singapore and South East Asia.See omnystudio.com/listener for privacy information.
11/28/2023 • 14 minutes, 38 seconds
Market View: Trio of local banks to allow customers to ‘lock up savings’ for in-person withdrawals only; Sembcorp Industries’ agreements to acquire wind assets for S$200m; China’s central bank to press banks to lower real lending rates; Expectations on US PCE price index, GDP, consumer confidence; 10-year US Treasury yields slips to 4.4%
Singapore stocks opened weaker today, following overnight losses on global markets.
In early trade, the Straits Times Index (STI) headed down 0.2 per cent to 3,079.31 points after 50.7 million securities changed hands in the broader market.
In terms of companies to watch today, we have Sembcorp Industries, after the energy group yesterday announced two separate agreements to acquire wind assets in China and India for a total consideration of S$200 million.
Elsewhere from more on the banking sector in Singapore and Sats filing notice of three straight years of losses, more corporate headlines remain in focus.
Also on the table today – economic data points to watch out for in the US this week including the latest PCE price index numbers.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian sat down with Jeremy Tan, Chief Executive Officer (CEO) of Tiger Fund Management for more.See omnystudio.com/listener for privacy information.
11/28/2023 • 12 minutes, 13 seconds
China Perspective: What's behind the respiratory illnesses surging in some parts of China
A surge of respiratory illnesses related to flu, respiratory syncytial virus and other infections has been sweeping across some parts of China and mainly infecting children, as the country experiences its first full winter since easing COVID-19 restrictions.
What do we know so far about the mysterious pneumonia outbreak in China? And how will China respond to the outbreak?
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs explains. See omnystudio.com/listener for privacy information.
11/28/2023 • 8 minutes
Why It Matters: Navigating through the rise of TikTok, how OTT and streaming services should adapt for future success
Social media platform TikTok has initiated a transformative shift in our media consumption habits, revolutionizing the way hyper-curated entertainment is delivered to users.
So how can OTT providers adapt to evolving consumer behaviour among the younger demographic?
Charley Thomas, Director of Solutions Engineering, Content Delivery & Cloud Computing Specialist, Edgio shares how OTTs can stand out amidst TikTok’s exponential growth.See omnystudio.com/listener for privacy information.
11/28/2023 • 9 minutes, 53 seconds
Under the Radar: From Bak Chor Mee to Popeyes - Fei Siong on its foray into the fast food industry and on revamping the fast food brand
Fei Siong Group is perhaps most famously known for its brands of bak chor mee or minced meat noodles.
After all, the company that started in 1995, has since grown to become a casual dining and quick service restaurant company with over 150 outlets across 19 brands, with most of them serving your typical hawker fare.
But do you know Fei Siong actually operates the Popeyes chain of restaurants in Singapore?
In fact, the firm inked an exclusive franchise deal with Popeyes Louisiana Kitchen Asia-Pacific in 2022 to develop and run new Popeyes in Singapore.
Popeyes Louisiana Kitchen Asia-Pacific, for context, is owned by Restaurant Brands International or the company behind Burger King and Tim Hortons.
The agreement marks Fei Siong Group’s first venture into the fried chicken quick service restaurant industry. Question is, why did Fei Siong decide to make its foray into the fast food business?
Meanwhile, the firm said it plans to “refresh and modernise” Popeyes outlets across Singapore by revamping storefronts, introducing new menu items and adjusting recipes to better suit the Asian palate. But what can we expect on this front?
Also, Fei Siong Group is also looking to have 50 outlets in Singapore within the next 10 years, but what is the basis behind the expansion plan?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Jedrick Tan, CEO, Fei Siong Fast Food (Popeyes PL Singapore). See omnystudio.com/listener for privacy information.
11/28/2023 • 22 minutes, 49 seconds
Sports Minutes: Goals galore as the Premier League resumes with a bang!
The Premier League resumed after the FINAL international break of the year, and boy was it worth the wait! From Arsenal going top, to City and Liverpool dropping points. Spurs doing spurs things, and Garnacho doing Rooney things, the weekend had it all! Tune in as we recap what went down!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
11/27/2023 • 13 minutes, 26 seconds
Culture Club: Indie watch brand grows in US market
Did you know that Singapore is the world’s sixth largest consumer market for watches? Boldr has quite the interesting story, having been started by a Singaporean on Kickstarter in 2016 and growing into a renowned indie watch brand especially in the US market ever since.
So how did Boldr work with PayPal to grow its US market presence?
Leon Leong, Founder, BOLDR Supply Co. & Pooja Sanan, Head of Sales, Southeast Asia, PayPal shares the story. See omnystudio.com/listener for privacy information.
11/27/2023 • 14 minutes, 55 seconds
Why It Matters: Brand value and brand strength, why should brands care about them
Products and services are not the only valuable things your company owns. By understanding and optimising brand value, companies can invest in a powerful strategy for long-term gains.
And according to Brand Finance’s ASEAN 300 2023 most airlines brands have witnessed an uptick in brand values this year.
So what are the top brands of 2023? Which are the most valuable ASEAN brands and who are ASEAN’s fastest growing brands?
Alex Haigh, Managing Director Asia Pacific, Brand Finance shares more with us on the findings from this report. See omnystudio.com/listener for privacy information.
11/27/2023 • 9 minutes, 57 seconds
Washington Report: US President Joe Biden to skip COP28; Hopeful about Israel-Hamas truce extension
US President Joe Biden will miss the latest UN climate summit in Dubai, after two years of attending the talks. What’s on the agenda for the US at COP28? Will the US be ready to commit money this year? And how will US-China relations impact the momentum at the meeting?
Elsewhere, following the release of the third group of hostages by Hamas as part of a truce, Biden has expressed his goal of extending the ceasefire between Israel and Hamas for as long as possible. Can the US do more in the ongoing efforts to maintain peace in the region?
We find out from Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College.See omnystudio.com/listener for privacy information.
11/27/2023 • 10 minutes, 58 seconds
Under the Radar: Switchboard software on automatically directing data flows for Spotify, Orangetheory Fitness for revenue and marketing analysis
A switchboard is known as a piece of equipment that directs all phone calls made to and from a particular building and area.
But what about a switchboard that automatically helps enterprises direct and organise data into dashboards for business leaders to carry out data-driven projects on revenue operations, deal plannings, and campaign performance?
Well, that’s exactly what our guest Switchboard does. Founded in 2014 by the former Google BigQuery employees, Switchboard provides a platform for revenue and marketing teams to launch and maintain data projects at scale without the need for specialised data engineering teams.
The firm said its platform can make it 10 times faster for firms to implement data projects as compared to hiring a team of data engineers and managing vast amounts of data on their own.
Its software serves clients from a wide range of industries ranging from retail, technology, franchise operations and financial services. This includes a number of notable players such as Spotify and Orangetheory Fitness.
But what do clients in these industries require and how does Switchboard plug the gaps?
Meanwhile, Switchboard had in July this year received US$7 million in a Series A funding round led by GFT Ventures and Quest Venture Partners. But what opportunities do investors see in them?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Ju-kay Kwek, CEO, Switchboard AND Joseph Lee, Partner and Head of Investor Relations, GFT Ventures.See omnystudio.com/listener for privacy information.
11/27/2023 • 20 minutes, 52 seconds
Sports Minutes: Take your first step into pro-boxing with Firstdrop Pro Fight
We delve deep into the world of pro-boxing with First Drop Pro Fight, a Taiwan-based management company - as brand ambassador Sam Kao shares insights into pushing boundaries in boxing, comparing training in Taiwan and Singapore, and assessing the local boxing standard.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
11/24/2023 • 11 minutes, 7 seconds
Culture Club: Michelin-trained chef starts meal planning subscription service for Singapore market
Here is the deal, we all know that adulting is hard. So imagine receiving a warm and wholesome meal delivered to your doorstep right after a long day, just utter bliss. These healthy food delivery services in Singapore offer weekly and monthly subscription meal plans that will fill you up nicely.
Michelin-trained chef Maxamillian Mepham, Founder and Chef, Green Kitchen shares his founding story and the crowd favourites from their menu. See omnystudio.com/listener for privacy information.
11/24/2023 • 10 minutes, 57 seconds
Market View: China reportedly weighs unprecedented builder support with unsecured loans; Strikes against Amazon in Europe on Black Friday; CDL’s higher 3Q sales; Noel Gifts International hot stock of the day; LHN Group’s transfer to SGX mainboard
Singapore stocks fell during early trade today, led by declines from the banks. US markets were closed for the Thanksgiving holiday.
In early trade, the Straits Times Index (STI) headed down 0.3 per cent to 3,105.08 points, after 89.7 million securities changed hands in the broader market.
In terms of companies to watch today, we have City Developments Limited. The property group and its joint-venture associates posted higher third-quarter sales of S$325 million, from S$281 million in the year-ago period.
This came on the back of sales from its 408-unit residential development The Myst, for which the group sold 169 units since the project’s launch in July.
Elsewhere, from China reportedly weighing unprecedented builder support with unsecured loans to protests against Amazon in Europe on the traditionally busy Black Friday, more corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
11/24/2023 • 12 minutes
Weekly Wrap Up: Would taking on international appointments possibly divert our President’s attention from his elected responsibilities?
Singapore’s Presidents will be able to accept appointments at international organisations in a “private capacity”, allowing them to act and express views independently under constitutional amendments that were passed in Parliament this week.
But could any time spent serving private interests be time taken away from the President’s national duties and his constituents?
Eugene Tan, Associate Professor of Law, Singapore Management University shares his views. See omnystudio.com/listener for privacy information.
11/24/2023 • 12 minutes, 33 seconds
Under the Radar: World’s largest brandy manufacturer Emperador on its double digit growth in Asia and North America
Today we’re going to bring you an inside look into the largest liquor company in the Philippines that is also the world’s biggest brandy manufacturer.
Founded in 1979, Emperador is a holding company that operates an integrated business of manufacturing, bottling and distributing distilled spirits and other alcoholic beverages from the Philippines and Europe.
Its consolidated portfolio includes brands like the Emperador Light and whisky brands such as The Dalmore. It also entered the global Scotch whisky business through the acquisition of Whyte and Mackay in 2014.
The Manila-listed firm made its debut on the Singapore Exchange last July, and became a constituent of the Straits Times Index last September, making it the second regional spirits company listed on the SGX after Thai Beverage. So what is the role of Emperador’s Singapore business in the bigger scheme of things?
Meanwhile, the company saw revenues increase by 10 per cent year-on-year to P47.1 billion in the first nine months this year. Emperador said its international business continued to experience double digit growth particularly in Asia and North America.
But why is this the case, and what are the key drivers of growth for the firm in the near future?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Glenn Manlapaz, CEO, Emperador International Division.See omnystudio.com/listener for privacy information.
11/24/2023 • 23 minutes, 11 seconds
Sports Minutes: The parallels between business and boxing
Business man by day, boxer by night? What are the similarities between the two seemingly different aspects of one's life - and what lessons can we take from one to another? Ahead of the 3rd edition of The Ring White Collar Boxing Show - Ruchdi Hajjar, co-founder of The Ring Boxing Community and founding partner of SGMC Capital, joins us to tell us more.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
11/23/2023 • 11 minutes, 39 seconds
Culture Club: Tech for travel, how does technology integrate into the business travel plans for organisations?
The business travel industry has seen the integration of technological innovations which help to better serve and protect the business travellers of organisations. These technological advancements include the usage of chatbots to ensure 24/7 business traveller support, and virtual reality technology.
But what are the benefits of integrating technological advancements into the business travel?
Lim Hui Ject, Managing Director (Singapore and Middle East), International SOS shares her views. See omnystudio.com/listener for privacy information.
11/23/2023 • 11 minutes, 14 seconds
Market View: Singtel on Optus securing spectrum lots; Singapore’s inflation edges up to 4.7% yoy in October; Thai Beverage’s net profit down 9%; Oil extends losses after delay in Opec’s key policy meeting; More on the (supposedly) backstory behind OpenAI CEO Sam Altman’s earlier ouster
Singapore stocks opened weaker today, led by declines in banks and other index counters.
In early trade, the Straits Times Index (STI) headed down 0.4 per cent to 3,102.49 points after 34.1 million securities changed hands in the broader market.
In terms of companies to watch, we have Singtel. That’s as its Australian unit Optus has secured four spectrum lots for A$33.5 million (S$29.4 million) in total, in the latest government spectrum auction.
Meanwhile from more on Singapore’s inflation numbers to concerns over oil supply, more local and international headlines remain in focus.
Also on the table – more details supposedly uncovered about the earlier ouster of OpenAI’s CEO Sam Altman.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
11/23/2023 • 13 minutes, 57 seconds
Why It Matters: What WHO’s SAGE recommendations on dengue immunisation means for Singapore
Dengue has been significantly on the rise this year across Southeast Asia and in Singapore, the NEA has warned of a new surge in dengue cases in recent months.
WHO’s Strategic Advisory Group of Experts on Immunization (SAGE) has released recommendations for the use of dengue vaccine QDENGA. But how effective are vaccines when it comes to fighting dengue?
Ooi Eng Eong, Professor in Emerging Infectious Diseases, DUKE-NUS Medical School shares his views. See omnystudio.com/listener for privacy information.
11/23/2023 • 11 minutes, 44 seconds
Euro Watch: What the Dutch General Election Means for the EU
This week, the Netherlands headed to the polls and for the first time in 13 years, outgoing prime minister Mark Rutte was not on the ballot.Geert Wilders was the surprise victor in Wednesday’s elections, after a late surge that catapulted his anti-EU party to a resounding victory over his mainstream rivals.
The Netherlands is a proven bellwether for long-term shifts in European politics. So, what can we expect from the Dutch election and what does it mean for the EU?
Chris Humphrey, Executive Director, EU-ASEAN Business Council breaks it down. See omnystudio.com/listener for privacy information.
11/23/2023 • 8 minutes, 59 seconds
Under the Radar: Sega Singapore’s MD on acquisition of Angry Bird maker Rovio Entertainment, cloud gaming and tapping the brand value of Sonic the Hedgehog
What do you think of when you hear of the 32-year-old Sonic the Hedgehog?
Well, how about Sega? Founded in 1960, Sega Corporation is a player in the games business, having been engaged in the planning, development, sales and operation of games for home video game consoles, PCs and smartphones.
The firm was a major player in the console space back in the early 1990s, having about a 65 per cent share of the 16-bit console market in North America back then, against players such as Nintendo and the Sony Playstation.
A lot has changed since, especially after a number of moves including the failed launch of the Dreamcast in 1998. Sega stopped the production of consoles in 2001 to become a third-party video game developer.
Fast forward to the present, the firm’s boasts over 12 major games titles within its console business division including the Puyo Puyo Tetris 2, the Football Manager 2022 and the Sonic Frontiers.
It is also seeing a number of exciting developments of late. In 2021, the firm said it is exploring a strategic alliance with Microsoft to develop big budget titles using its Azure cloud platform.
This April, it announced a plan to purchase Angry Bird maker Rovio Entertainment for US$776 million to bolster its mobile gaming business. But what does the road ahead look like for Sega in the billion dollar global video game market and what will be its key drivers of growth?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Yoshinori Akiyama, Managing Director, SEGA Singapore.See omnystudio.com/listener for privacy information.
11/23/2023 • 19 minutes, 21 seconds
Sports Minutes: Singapore's latest showing leaves us with more questions than answers
Despite the strong turnout of close to 30,000 fans at the Singapore Sports Hub - Singapore's 3-1 defeat to Thailand means two defeats in two WCQ matches has left the Lions with the proverbial mountain to climb on the qualification front. And that has raised questions (once again) about Takayuki Nishigaya. Is he the right man to be in the hot seat? Deepanraj Ganesan, sports reporter with The Straits Times, is on hand to discuss.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
11/22/2023 • 13 minutes, 36 seconds
Why It matters: 100% Handmade Carpentry - This Firm’s Secret to Breathing Life into Luxury Interiors in Singaporean Homes
On Why It Matters, we speak with Andrew Lim, Founder and Principal of 4PLUS8 to find out what it takes to build his own luxury fit out firm to help luxury homeowners breathe more life, exclusivity, and personality into their spaces. See omnystudio.com/listener for privacy information.
11/22/2023 • 8 minutes, 43 seconds
Market View: Latest Fed Minutes; Open AI’s Sam Altmen returns as CEO with new board; Singapore’s full year GDP growth expected at around 1 percent; Outlook for China Everbright Water and infrastructure-related firms; Sunac China Holdings secures funding for property unit from government-backed asset manager; Change of leadership in Binance
Singapore stocks struggled to advance today, as pullbacks on Wall Street and Europe clashed with the Singapore trade ministry’s expectations that economic growth would come in at around 1 per cent this year.
In early trade, the Straits Times Index (STI) was down 0.1 per cent to 3,094.37 points, after 33.7 million securities changed hands in the broader market.
In terms of companies to watch for today, we have China Everbright Water. The group, as part of a consortium, is developing a project in China’s Guangdong province to treat agricultural waste and turn it into biogas and organic fertiliser.
Elsewhere, from Sam Altman returning as CEO of OpenAI to more on Chinese developer Sunac getting funding from bad-debt manager Huarong Asset Management, more corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.See omnystudio.com/listener for privacy information.
11/22/2023 • 9 minutes, 28 seconds
Culture Club: The rise of fintech in Italy, assurances their companies provide regarding security
With its iconic monuments, timeless landscapes and irresistible food, Italy is one of Europe’s most alluring destinations. Italy and Singapore have a long-standing and friendly relationship with Italy being one of the first countries to recognise Singapore after its independence in 1965.
And just recently, Italy's presence was felt at the Singapore Fintech Festival 2023 (SFF 2023) where one of the highlights was their very own Italian Pavilion.
Dante Brandi, Ambassador of Italy to Singapore and Brunei shares his experience at SFF 2023 and an overview of the fintech scene in Italy. See omnystudio.com/listener for privacy information.
11/22/2023 • 11 minutes, 6 seconds
Regional Round Up: Is Jokowi building a political dynasty?
From the Southeast Asia’s presence at the recently concluded 2023 Asia-Pacific Economic Cooperation (APEC) forum to Indonesia’s president, Joko Widodo, facing serious allegations of establishing a political dynasty through nepotism.
Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
11/22/2023 • 12 minutes, 58 seconds
[SFF Special] Under the Radar: Saxo’s APAC CEO sheds light on how AI is influencing investment firms, role of wealth advisors in the age of Generative AI
For this session, we’re going to talk about how artificial intelligence is influencing the way investment firms shape their business decisions.
Founded in 1992, our guest Saxo is an international investment firm for investors and traders under the supervision of the Danish FSA, with a reach of over 2,500 professionals around the world including in key financial hubs such as Singapore.
Touted as one of the earliest fintech in the world, the firm’s platforms provide users access to global capital markets across asset classes, while its open banking technology powers over 200 financial institutions to enhance their investment experience.
With the AI fever pushing US equities to new extremes this year, what will this mean for Saxo in terms of the range of investment options it provides to users, and the companies it brings on board its platform?
For one thing, the firm partnered with Jaaims Technologies in 2020 to facilitate investors to automate the management of their portfolios. But what are the reasons behind the move? What role will wealth advisors play in the age of Generative AI then?
In this Singapore Fintech Festival edition of Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Adam Reynolds, APAC CEO, Saxo.See omnystudio.com/listener for privacy information.
11/22/2023 • 6 minutes, 54 seconds
Sports Minutes: Singapore Slingers' future thrown into disarray
The Singapore Slingers, the only professional basketball club in the city-state, are being thrown into uncertainty. This comes after they announced in a media statement that the ASEAN Basketball League (ABL) - the league in which the Slingers have played in since 2009 - is unlikely to play in the foreseeable future. Why has it come to this, and where to from here? Delvin Goh, a player with the Singapore Slingers, joins us to tell us more.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
11/21/2023 • 12 minutes, 30 seconds
Market View: Vertex SPAC issues new shares to Pipe Investors; Investment in thematic funds; OpenAI investors reportedly exploring legal recourse against board, board reportedly wanted to merge Anthropic with OpenAI; Fed minutes, Thomas Barkin’s comments on inflation
Singapore stocks opened slightly weaker today as banks and index counters started the morning mixed.
In early trade, the Straits Times Index headed down 0.1 per cent to 3,109.81 points after 62.6 million securities changed hands in the broader market.
In terms of companies to watch, Vertex Technology Acquisition Corporation announced today that it will issue 600,000 new shares at S$5 apiece to private investment in public equity (Pipe) investors to raise some S$3 million in gross proceeds.
Elsewhere from OpenAI investors considering suing its board to investors in thematic funds losing over two thirds of their total returns due to poorly timed buying and selling behaviour, more international developments remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked these developments with James Cheo, Chief Investment Officer, Southeast Asia at HSBC Global Private Banking and Wealth.See omnystudio.com/listener for privacy information.
11/21/2023 • 9 minutes, 55 seconds
Culture Club: The future of art investing with tokenisation and blockchain
The idea of investing in an art form has gained popularity in 2023. It is an attractive alternative asset class which diversifies one's portfolio, helps to mitigate risk, and can align with wealth preservation goals.
But who is investing in art and for what reasons? And how can one incorporate art in their investment strategy?
Nanne Dekking, Founder and CEO, Artory & Elizabeth von Habsburg, Managing Director, Winston Art Group shares their views. See omnystudio.com/listener for privacy information.
11/21/2023 • 15 minutes, 28 seconds
Why It Matters: Current state of play when it comes to regulating AI
It is highly likely that artificial intelligence will be regulated and in some ways, it already has. According to a joint paper seen by Reuters, an agreement on how AI should be regulated in the future has been reached by Germany, France and Italy, and this is expected to accelerate negotiations at the European level.
But are all these upcoming regulations sufficient to rein in AI?
Paul Tan, Partner and Head of Arbitration for Asia, Gibson Dunn shares his views. See omnystudio.com/listener for privacy information.
11/21/2023 • 11 minutes, 57 seconds
China Perspective: Xi meets Biden, nothing accomplished?
From what China has gained from its President Xi Jinping meeting up with his US counterpart Joe Biden last week in San Francisco to China set to mimic Singapore housing model.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
11/21/2023 • 8 minutes, 43 seconds
[SFF Special] Under the Radar: Visa on partnerships to ensure seamless payments, relationship with fintech players and its 30-years of experience in using AI solutions
For this session, we talk to a company whose ticker symbol only has one letter.
Bingo if you’ve guessed Visa. On that note, did you know that Visa was actually founded by the Bank of America when it launched its first consumer credit card programme in the US?
Well, a lot has happened since, with the firm expanding internationally in 1974 and the introduction of the debit card in 1975.
Fast forward to the present, Visa is a trusted network and a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across over 200 countries and territories.
Just to give you some numbers, the company issued some 4.2 billion Visa cards as of March 2023, and oversaw 269 billion payments transactions for the 12 months ended June 2023.
The firm is also seeing a number of developments of late, working with Swift to streamline cross border B2B transactions. But what is the rationale behind the move?
Meanwhile, the firm also launched its advisory service to help them better tap Generative AI and improve their payment experience. Question is – how far can Generative AI drive Visa’s business in its next bound of growth?
In this Singapore Fintech Festival edition of Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Adeline Kim, Country Manager for Singapore & Brunei, Visa.See omnystudio.com/listener for privacy information.
11/21/2023 • 12 minutes, 52 seconds
Sports Minutes: Safuwan Baharudin on overcoming the odds to represent Singapore again
With 109 caps for Singapore and counting, Safuwan Baharudin is a household name in the local game. But having had to miss out on being a part of the National Team after he was not cleared by the Football Association of Singapore’s (FAS) medical team following successive head injuries - the 32-year old has made a return to the fold with a point to prove. What are his motivations, aims and ambitions? Tune in as he tells us.
READ MORE: https://www.straitstimes.com/sport/back-after-more-than-a-year-out-safuwan-baharudin-eager-to-make-up-for-lost-time
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
11/20/2023 • 30 minutes, 56 seconds
Culture Club: Losing a partner at the peak of your business, challenges moving forward
Imagine having the taste of success at the tip of your tongue, only to have it slip away with the loss of your partners at the peak of your business. In spite of this, bespoke jewellery atelier, The Better Diamond is now one of Singapore’s leading specialists in lab-grown diamonds, that has seen a remarkable 1,100 percent growth within its first two years of establishment.
Adeline Lin & Marcus Wong, Co-Founders, The Better Diamond shares their experience building the company. See omnystudio.com/listener for privacy information.
11/20/2023 • 15 minutes, 53 seconds
Market View: OpenAI’s CEO Sam Altman ousted by board, joins Microsoft; What to watch in the latest Fed minutes; Singtel Optus’ Chief Executive resigns over Nov 8 outage; Sabana Reit’s movements; Japanese shares hit highs not seen in over 30 years
Singapore stocks started the week on a softer note today, led by declines from banks and other index counters.
In early trade, the Straits Times Index headed down 0.4 per cent to 3,112.44 points, after 29.7 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Singtel, after its Australian unit Optus’ chief executive, Kelly Bayer Rosmarin, has resigned after the company experienced a network-wide outage on Nov 8.
Elsewhere from sentiment ahead of the latest Fed minutes to OpenAI’s CEO Sam Altman ousted by its board, more international developments remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
11/20/2023 • 14 minutes, 31 seconds
[SFF Special] Under the Radar: Temus on support to help the financial industry digitalise and tap the AI trend
Supporting financial institutions in their efforts to leverage technology and transform digitally. That’s what we are going to talk about in this session with my guest from Temus.
Established by Temasek in partnership with UST, Temus provides digital transformation solutions for the private and public sectors, and aspires to be a strategic partner in realising the Singapore Government’s Smart Nation vision.
The Singapore headquartered firm has over 200 employees across a wide range of disciplines in strategy, design, architecture, technology, data and AI.
In the field of finance specifically, Temus recently announced a transformative partnership with award-winning fintech firm Nexus FrontierTech.
The collaboration aims to revolutionise the landscape of investing with the introduction of an AI-augmented portfolio management solution tailored for asset managers seeking unparalleled efficiency and performance. But what is the rationale behind this move and how far will this benefit FIs in Singapore?
Meanwhile, the firm had in April signed a partnership with AI Singapore to catalyse digital transformation, promote AI adoption, and develop new AI technologies, solutions, and applications for firms based in Singapore. What will this mean for firms within the financial industry here?
In this Singapore Fintech Festival edition of Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Marcus Loh, Director, Temus.See omnystudio.com/listener for privacy information.
11/20/2023 • 14 minutes, 56 seconds
Washington Report: Why OpenAI Sacked ChatGPT Star CEO Sam Altman & What It Means For The AI Race
In a sudden move, billionaire and AI evangelist Sam Altman has been fired as CEO of OpenAI. What does the surprise sacking mean for the AI race?
The Asia-Pacific Economic Cooperation forum is over, but what did US President Joe Biden and Chinese President Xi Jinping accomplish?
Elsewhere, as the conflict in Gaza continues to rage on, has the US been able to successfully broker a ceasefire deal with Israel and Hamas?
Pushan Dutt, Professor of Economics, INSEAD gives us his analysis of the biggest headlines out of the US on this week's Washington Report. See omnystudio.com/listener for privacy information.
11/20/2023 • 11 minutes, 5 seconds
Culture Club: Glico collaborates with A*STAR to unlock the nutritional and health benefits of almonds
With an increasing focus on health and wellness, consumers are becoming more conscious about the ingredients used in their food. And in line with that, Glico has collaborated with the Agency for Science, Technology and Research (A*STAR) in a first-of-its-kind clinical test in Southeast Asia to study the nutritional and health benefits of almonds in the paste form.
Hideaki Nagahisa, COO, Glico Asia Pacific shares more about the findings from the clinical trial and how the company is keeping up with health-conscious trends. See omnystudio.com/listener for privacy information.
11/17/2023 • 8 minutes, 55 seconds
Why It Matters: Microsoft Digital Defense Report, espionage fuelling global cyberattacks
According to Microsoft's fourth annual Digital Defense Report, in the past year, cyberattacks have touched 120 countries, fueled by government-sponsored spying and with influence operations (IO) also rising.
Dennis Chung, Chief Security Officer, Microsoft Singapore shares more with us the findings from this report and the company's role in fighting cyber criminals. See omnystudio.com/listener for privacy information.
11/17/2023 • 11 minutes, 58 seconds
Weekly Wrap Up: Singapore FinTech Festival 2023, is Singapore a fintech hub yet?
The 8th edition of the Singapore FinTech Festival (SFF) has wrapped up and this year’s theme centered around “The Application of AI in Financial Services”. Many talks were lined up from industry leaders and experts who shared the latest trends, challenges, and opportunities.
Sopnendu Mohanty, Chief Fintech Officer, Monetary Authority of Singapore gives us a roundup of SFF 2023 and the highlights from this year's festival. See omnystudio.com/listener for privacy information.
11/17/2023 • 8 minutes, 33 seconds
Market View: Alibaba Group walks back on plans to spinoff and list US$11b cloud unit; Forecast beating US jobless claims figures; Singapore NODX; Singtel on Optus outage; ValueMax on Well Chip’s application to list on Bursa Malaysia; Apple to make texting between iPhones and Androids easier
Singapore shares struggled to advance at the open today, as a mixed performance on global stock markets clashed with a better-than-expected performance of the country’s October non-oil domestic exports (NODX).
To recap, data from Enterprise Singapore showed that NODX shrank 3.4 per cent year on year, easing from steeper falls in preceding months.
In early trade, the Straits Times Index (STI) headed down 0.6 per cent to 3,114.28 points after 36.5 million securities changed hands in the broader market.
In terms of companies to watch today, we have Singtel. The telecommunications operator clarified yesterday that the Nov 8 Optus network outage in Australia was not caused by the upgrade of Singtel Internet Exchange, STiX.
Meanwhile, from Alibaba Group walking back on its plans to spin off and list its US$11 billion cloud business unit to Apple planning to make it easier to text between iPhones and Androids, more corporate headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
11/17/2023 • 12 minutes, 6 seconds
[SFF Special] Under the Radar: HSBC Global Commercial Banking’s CCO announces its partnership with Antler, months after acquisition of SVB UK
It has been close to four months since our earlier interview with the CEO of HSBC Singapore Kee Joo Wong.
At the time, we talked about HSBC’s new Innovation Banking Unit carved out from the UK subsidiary of SVB, and whether HSBC would move into catering services for players in the VC and startup landscape.
Kee Joo told me to keep a lookout for an interesting development out of the unit that will be announced at the Singapore Fintech Festival.
The secret is now out, as HSBC Singapore announces a partnership with early-stage VC firm Antler to facilitate the growth of Southeast Asian innovation companies and entrepreneurs based in Singapore.
This collaboration aims to provide startups and founders that are a part of Antler’s network access to financial expertise and banking solutions such as preferred business banking accounts, venture debt and working capital facilities designed to support their needs and enable their growth and future expansion.
But what is the rationale behind working with Antler? How will HSBC assess their risk profiles and ability to repay?
In this Singapore Fintech Festival edition of Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Jo Miyake, Chief Commercial Officer, Global Commercial Banking, HSBC.See omnystudio.com/listener for privacy information.
11/17/2023 • 14 minutes, 25 seconds
Sports Minutes: Christian Ho, the Singaporean who is on the fast track to F1!
Could we see a Singaporean in Formula 1, the pinnacle of motorsport, very soon? We certainly could, with 17-year old Christian Ho blazing a trail in the Spanish F4 Championship, and soon set to make the step up to Eurocup-3 series with Campos Racing. We catch up with the man himself on his 2023 exploits, and what the future holds!
READ MORE: https://www.straitstimes.com/sport/singaporean-teen-christian-ho-takes-next-step-in-pursuit-of-f1-dream
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
11/16/2023 • 10 minutes, 35 seconds
The Good Life: Timbre celebrates 18th anniversary, what's next for the group
2023 marks Timbre Group’s 18th anniversary and now the group is a gearing up for expansion plans that will shape its future for the next 18 years and more.
Danny Loong, Founder & CEO, Timbre Group shares more with us on his future plans for Timbre Group.
See omnystudio.com/listener for privacy information.
11/16/2023 • 13 minutes, 19 seconds
Market View: SIA’s passenger traffic in October up 24.5% yoy; Biden, Xi on fentanyl, dialogue about AI; Barclays attracts strong investor orders for AT1 sale; SpaceX receives approval for second launch of Starship rocket
Singapore stocks opened weaker today amid heavy trading on real estate investment trusts and declines among index counters.
In early trade, the Straits Times Index (STI) headed down 0.5 per cent to 3,115.97 points after 52.6 million securities changed hands in the broader market.
In terms of companies to watch, we have Singapore Airlines. The national carrier yesterday posted a 24.5 per cent year-on-year increase in passenger traffic in October, amid robust passenger traffic across all its route regions.
Elsewhere from SpaceX receiving approval for the second launch of its groundbreaking Starship rocket to Barclays attracting strong investor orders for an additional tier 1 (AT1) sale, more corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.See omnystudio.com/listener for privacy information.
11/16/2023 • 11 minutes, 48 seconds
Culture Club: Beyond Music & Football - Manchester’s Potential with Gary Neville
The city of Manchester is synonymous with some of the world’s best football clubs, players and music bands. But what about the city's potential as one of UK’s top property markets?
Much like how he redefined football as part of the legendary Class of ‘92, football rstar turned property developer Gary Neville is spearheading a regeneration project for Manchester city centre with the upcoming luxurious St Michael’s development, which will include the city’s first branded residences, W Residences Manchester.
Gary Neville, Director, Relentless Developments, Anthony Kilbride, CEO, Relentless Developments and Simon Ismail, Co-founder & Managing Director, Salboy Group share more. See omnystudio.com/listener for privacy information.
11/16/2023 • 12 minutes, 49 seconds
Euro Watch: David Cameron Makes Shock Return to British Politics. Good or Bad for PM Rishi Sunak?
Seven years ago, David Cameron left Downing Street after his big gamble to hold a referendum on Britain's membership of the European Union backfired and brought his six-year term as prime minister to an end.
Now, he has been appointed foreign secretary by Prime Minister Rishi Sunak. Will David Cameron’s return to government help Rishi Sunak going in to the next general election?
Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific breaks it down for us. See omnystudio.com/listener for privacy information.
11/16/2023 • 9 minutes, 45 seconds
Why It Matters: Cancer survivorship, how Singaporeans and their loved ones can feel more inspired and encouraged to fight cancer
The National University Cancer Institute, Singapore (NCIS) has recently celebrated its 15th anniversary. And the centre celebrated its anniversary with a family carnival, which also saw the launch of a new “NCIS Fights Cancer” interactive mobile game.
Adjunct Associate Professor Chee Cheng Ean, Executive Director of National Cancer Institute, Singapore tell us more about this mobile game and the future of cancer care in Singapore. See omnystudio.com/listener for privacy information.
11/16/2023 • 9 minutes, 32 seconds
[SFF Special] Under the Radar: Poland as a leading market for fintech firms, fostering collaborations with Singapore to grow the fintech pie
Did you know that Poland is becoming an increasingly attractive and leading market for activities in financial innovation due to its well-developed infrastructure, quality business environment and outstanding talent?
In fact, the country boasts half a million IT professionals, the most in the Central East European region. Not only that, Poland also consistently ranks among the top three countries with the best programmers in the world.
It is home to one the biggest game studios in Europe, CD Projekt - known for the Witcher series and the futuristic Cyberpunk 2077. And you know those little chat windows on websites? Poland's LiveChat is one of the companies making that magic happen.
Given these assets, the country is well positioned to tap the boom in the fintech sector and has also seen global fintech eager to enter the market. For one thing, the fintech sector grew by 32% from 2020 and by as much as 79% compared to 2018.
The market is also maturing with the debut of VC funds and the opening of R&D and business service centres by international financial instructions. More Polish fintechs are also taking the chance to think internationally and put themselves on the global map.
But what are some success stories of Polish startups? And how can Poland and Singapore firms further collaborations to grow the fintech pie?
For more, I speak with The Polish Investment and Trade Agency, or PAIH. The agency supports Polish fintechs and attracts foreign investment to the country, and is the first point of contact for investors and a partner for entrepreneurs.
In this Singapore Fintech Festival edition of Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Lukasz Grabowski, Director at Polish Agency for Trade & Investment and Magdalena Smolak, Head of PAIH Trade Office in Singapore.See omnystudio.com/listener for privacy information.
11/16/2023 • 19 minutes, 6 seconds
Sports Minutes: Singapore Squash Open returns to the Lion City!
The highly anticipated 2023 Singapore Squash Open, which returns to the Lion City after its resounding success last year, will feature 48 of the world’s top squash athletes vying for a combined prize purse of US$220,000, This tournament marks one of the first major competitions since squash was officially included in the Los Angeles 2028 Olympic Games.
World No.1 Ali Farag & Singapore squash player Marcus Phua are in the hotseat to tell us more.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
11/15/2023 • 11 minutes, 10 seconds
[SFF Special] Under the Radar: YouTrip’s co-founder on its Series B funding and aggressive expansion plans to accelerate financial inclusion in ASEAN
You might have heard of Stormtroopers in the Star Wars franchise. But what about YouTroopers?
Well, YouTroopers is a term used to describe globetrotters who use multi-currency mobile wallets and prepaid debit cards by fintech startup YouTrip!
Launched in 2018, YouTrip is a regional financial technology startup that seeks to empower people with a smarter and more convenient way to pay in foreign currency through in-app exchange. Think of it as a money changer, but located within a mobile application.
Besides providing individuals with a hassle-free way to pay in foreign currency through in-app exchanges, the firm also provides individual and SME clients with personal and corporate cards that they can use to spend in stores.
The company raised US$50 million in its latest Series B funding round to invest in technology and innovation, as well as to hire over a hundred workers to launch in new markets across Southeast Asia.
But why is the firm expanding aggressively at this time, and what kind of innovations can we expect on this front? How will that accelerate financial inclusion in the region?
In this Singapore Fintech Festival edition of Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Arthur Mak, Co-Founder and Chief Product Officer, YouTrip.See omnystudio.com/listener for privacy information.
11/15/2023 • 18 minutes, 18 seconds
Culture Club: From academia to innovator, winner of SLINGSHOT 2023
Imagine energy-efficient household appliances, sustainable construction practices, and the realisation of net-zero energy buildings.
This is a future made possible through the novel tech solution offered by Thermalytica who has emerged as the winner of the grand prize at the finals of SLINGSHOT 2023, held during the Singapore Week of Innovation and Technology (SWITCH) flagship conference.
Rudder Wu, Founder and CTO, Thermalytica helps us understand the term 'cleantech' better and his experience being part of SLINGSHOT 2023. See omnystudio.com/listener for privacy information.
11/15/2023 • 10 minutes, 8 seconds
The Good Life: Better sleep to better health
Most adults need seven or more hours of good-quality sleep on a regular schedule each night. Getting enough sleep is not only about total hours of sleep. It is also important to get good-quality sleep on a regular schedule so you feel rested when you wake up.
What can one do to get a better night rest?
Charles Hartson, Head of Product Management, ResMed shares with us the prevalence is sleep apnea and what more can be done to raise awareness of the need for good sleep. See omnystudio.com/listener for privacy information.
11/15/2023 • 7 minutes, 27 seconds
Market View: US CPI up 3.2% yoy in October, cooler than expected; Golden Agri-Resources, Delfi’s earnings; Japan GDP contracted at annualised pace of 2.1% in Q3; Better-than-expected Chinese industrial output and retail sales; Nvidia shares extends gains for 10th straight session
Singapore stocks opened stronger today tracking overnight gains on global markets.
In early trade, the Straits Times Index rose 1.3 per cent to 3,144.71 points after 85.2 million securities changed hands in the broader market.
In terms of companies to watch, we have palm oil company Golden Agri-Resources. The firm posted a 25 per cent decline in net profit the third quarter ended Sep 30 to US$68 million, from US$90 million in the same period a year earlier.
Elsewhere from more on US inflation cooling less than expected to Japan’s GDP contracting on the back of falling business spending and higher imports, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.See omnystudio.com/listener for privacy information.
11/15/2023 • 10 minutes, 47 seconds
Why It Matters: Why 5 in 10 Singaporeans Struggle to Buy Their First Home
More 50% of non-property owners in Singapore are finding it difficult to buy their first home, according to a bi-annual PropertyGuru Consumer Sentiment Study.
Is Singapore property truly unaffordable? How do measure the difference between housing affordability and housing attainability?
Dr Lee Nai Jia, Head of Real Estate Intelligence, Data and Software Solutions, PropertyGuru Group explains. In our conversation, Dr Lee also shares his expectations for Singapore's property landscape in 2024. See omnystudio.com/listener for privacy information.
11/15/2023 • 11 minutes, 8 seconds
The Good Life: Are smartphones the main culprit for our lack of sleep?
Most adults need seven or more hours of good-quality sleep on a regular schedule each night. Getting enough sleep is not only about total hours of sleep. It is also important to get good-quality sleep on a regular schedule so you feel rested when you wake up.
So what are some of the culprits of lack of sleep? Are smartphones one of them?
Charles Hartson, Head of Product Management, ResMed shares with us the findings from ResMed 2023 Global Sleep survey. See omnystudio.com/listener for privacy information.
11/15/2023 • 8 minutes, 43 seconds
Regional Roundup: Syed Saddiq gets seven years jail, caning for corruption, is it too harsh?
From the fall of rising star to disgraced politician Syed Saddiq to Indonesian President Joko Widodo visit to the White House.
Adib Zalkapli, Director, BowerGroupAsia gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
11/15/2023 • 9 minutes, 25 seconds
Culture Club: Crafting Jewelry that Transcends Market Value
The gemstone market is seeing a promising and intriguing rise. Southeast Asian consumers, some of the most educated buyers in the region, are embracing personalized and emotionally resonant gemstones.
Benny Lum, Founder, Benny’s Gems Creations and Isabelle Lum, General Manager, Benny’s Gems Creations share more about the realm of bespoke jewelry.See omnystudio.com/listener for privacy information.
11/15/2023 • 11 minutes, 6 seconds
Sports Minutes: Football takes centre stage, but VAR still hogs the headlines!
Football took centre stage (thankfully!), as Chelsea and City player out an 8-goal thriller. But with VAR still being debated across the grounds, Elliott caught up with Gary Neville - who was in Singapore this past weekend!
Got a story to tell? Get in touch with [email protected] | [email protected]
See omnystudio.com/listener for privacy information.
11/14/2023 • 12 minutes, 1 second
Why It Matters: Challenges UHNWI investors are facing in the current volatile market landscape
In a volatile market with economic uncertainty, Singaporeans today face challenges in crafting a comprehensive and future-oriented strategy that hedges against such risks. How can ultra-high net worth individuals (UHNWIs) construct long term portfolios that ensure wealth growth and protection for their generations in the face of uncertainty?
Kevin Teng, CEO, WRISE Wealth Management Singapore shares his perspectives. See omnystudio.com/listener for privacy information.
11/14/2023 • 10 minutes, 36 seconds
China Perspective: Is it time for China and US to put their differences aside and focus on economy?
In this edition of China Perspective, we focus on the highly anticipated meeting between Chinese President Xi Jinpung and his US counterpart Joe Biden.
Could they get some sort of clarity in their increasingly difficult relationship? Is it time to put their differences aside and focus on other things domestically like China and its economic slowdown?
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs shares more. See omnystudio.com/listener for privacy information.
11/14/2023 • 7 minutes, 44 seconds
Market View: US October CPI expectations; US consumption activity with Walmart, Target earnings this week; Genting Singapore’s stellar earnings, Sats narrows losses for the first half of FY 2024; Fraser Property records net loss of S$74m
Singapore stocks opened stronger today, as the earnings season approaches an end.
In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,114.97 points after 93.9 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Genting Singapore, after the company on Friday posted a net profit of S$216.3 million for the third quarter ended September. That’s up 59 per cent from S$135.8 million a year earlier.
Elsewhere from more on global EV sales, to expectations for the October's consumer price index due tonight, more international headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Khoon Goh, Head of Asia Research at ANZ.See omnystudio.com/listener for privacy information.
11/14/2023 • 9 minutes, 17 seconds
Under the Radar: Oracle on whether Generative AI will change the competitive landscape in the software industry
Today we’re going to talk about one of the world’s largest software companies that is currently playing in the cloud technology and enterprise IT space.
Drumrolls, and bingo if you’ve guessed Oracle. Founded in 1977, Oracle provides organisations around the world with computing infrastructure and software, to help them innovate, unlock efficiencies and become more effective.
These include enterprise resource planning software, human capital management software and customer management software that companies use to streamline mundane operations like financial reporting, payrolls processing, or to better analyse customer needs.
Serving some 430,000 customers in 175 countries across industries, the firm generated US$50 billion in revenue in FY 2023. But what is the role of APAC in the bigger scheme of things?
On that note, Oracle had in April announced a plan to open a second cloud region in Singapore to meet the growing demand for its cloud services. What does it mean by a cloud region and how does it position the firm for future growth?
Meanwhile, the firm also signed a multi-year partnership with Microsoft to provide computing infrastructure that supports the explosive growth of the AI-enabled Bing conversational search. What is the rationale behind this partnership between the frenemies, and how will AI reshape the competitive landscape in the software industry?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Chris Chelliah, Senior Vice President, Technology and Customer Strategy, Oracle JAPAC.See omnystudio.com/listener for privacy information.
When you think football fashion, who is the first footballer that springs to mind? Be it flamboyant hairstyles or outlandish outfits, Elliott and Raushan take a trip down memory lane uncovering some head turners in the beautiful game!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
11/10/2023 • 14 minutes, 1 second
The Good Life: Managing shingles, is a vaccination really necessary?
Shingles, also known as herpes zoster, is a painful skin rash caused by the re-activation of the chickenpox virus in people who have previously had chickenpox. The virus can be re-activated because of a range of issues that include advancing age, immune-suppressants, illness, or stress.
Dr Asok Kurup, Infectious Disease Expert, Mount Elizabeth Hospital tells us more about how to manage shingles and how long it takes to recover. See omnystudio.com/listener for privacy information.
11/10/2023 • 6 minutes, 18 seconds
Culture Club: Bold reimagination of the traditional Vietnamese cuisine
Are you a fan of Vietnamese cuisine? If you are, there is a new player in town! Lộ Quậy is a new Vietnamese restaurant in Singapore’s buzzy Telok Ayer district. And the restaurant is its chef’s intentional, bold reimagination of the traditional dishes of her homeland, tapping into the flavours of her childhood in 1980s Saigon,
Quỳnh Brown, Chef, Lộ Quậy shares with us more. See omnystudio.com/listener for privacy information.
11/10/2023 • 12 minutes, 23 seconds
Market View: Fed Chair Jerome Powell “will not hesitate” to hike rates; OCBC’s net profit up 21.4%; ST Engineering, First Resources; Meta Platforms reportedly struck deal with Tencent to sell VR headsets in China
Singapore shares began trading in negative territory today, tracking overnight losses on Wall Street.
In early trade, the Straits Times Index (STI) was down 0.6 per cent to 3,116.28 points after 72.7 million securities changed hands in the broader market.
In terms of companies to watch today, we have OCBC, after it reported a 21.4 per cent rise in net profit for the third quarter. That’s supported by record growth in net interest income and higher non-interest income.
Elsewhere from ST Engineering and First Resources. to Meta striking a deal with Tencent to sell VR headsets in China, more corporate headlines remain in focus.
Also on deck today, Jerome Powell’s comments at the International Monetary Fund conference and his resolve to fight stubborning high prices in the US.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
11/10/2023 • 10 minutes, 23 seconds
Why It Matters: Understanding Singapore's complex financial tech landscape
The fintech landscape in Singapore has evolved into a thriving ecosystem, cementing its position as a leading hub for fintech startups, established businesses and investors. While we are in the forefront in this scene, there is still a need for standardised procedures for identifying abnormalities and advanced solutions to combat vulnerabilities.
So how can financial institutions leverage AI and emerging tech for greater bank security?
Wen Huang, APAC Chief Technology Officer, SoftServe shares his views. See omnystudio.com/listener for privacy information.
11/10/2023 • 10 minutes, 34 seconds
Weekly Wrap Up: SIA posts higher net profit, what’s next for our national airlines?
We discuss our nation’s pride and joy, Singapore Airlines. SIA has posted a 55.4 percent-higher net profit of S$1.4 billion for the first six months of its financial year ended Sep 30, from S$926.9 million a year earlier.
So what does this mean for the future of our national airline?
Ven Sreenivasan, Associate Editor & Senior Columnist, The Straits Times shares his views. See omnystudio.com/listener for privacy information.
11/10/2023 • 9 minutes, 21 seconds
Sports Minutes: A fitting farewell as Charmaine Soh retires with ANOTHER gold medal
Described by her peers and coaches as ‘Champagne Charmaine’, Charmaine Soh has 128 appearances for the Singapore Netball team and FOUR gold medals to boot. Having represented the nation for more than a decade, the 33-year old recently announced her retirement from the sport - after clinching the Nations Cup on home soil. She sat down to look back on her stellar career, and look ahead to what the future holds.
READ MORE: https://www.straitstimes.com/sport/after-128-games-for-singapore-netballer-charmaine-soh-retires-with-a-gold-medal
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
11/9/2023 • 11 minutes, 57 seconds
Culture Club: From business to economy, analysing cabin class bookings in Asia
Business travel has always been an integral part of the corporate world. But as we go into a post Covid-19 world, tighter corporate budgets and new ways of virtual working have permanently changed business travel. So are the days of high-flying, big-spending business travel over for good? Or have companies adopted a ‘cheaper’ way for business travel?
Bertrand Saillet, Managing Director, FCM Asia shares his views. See omnystudio.com/listener for privacy information.
11/9/2023 • 14 minutes, 43 seconds
Market View: Singtel vs StarHub’s earnings; Food Empire Holdings’ Q3 net profit declines 30.6%; Yoma Strategic sees slight improvement in H1 financials; Disney’s earnings; Fed Chair Jerome Powell to speak
Singapore stocks edged up this morning amid earnings reports.
In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,135.66 points after 62.6 million securities changed hands in the broader market.
In terms of companies to watch, we have Singtel. The telco posted a net profit of S$2.1 billion for the first half ended September, 82.6 per cent higher than the S$1.2 billion posted in the same period last year.
Elsewhere, from more on StarHub and Food Empire Holdings’ earnings, to Fed chair Jerome Powell set to speak at about 3am tomorrow, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
11/9/2023 • 11 minutes, 57 seconds
Why It Matters: JLABS and EDB to nurture healthcare innovation in Singapore and APAC
The burden of cancer, mental illness and other diseases is growing and according to a report by Statista, residents aged 65 years and above make up 16.6 percent of the total resident population in Singapore. This makes early health intervention critical in addressing these national healthcare issues,
So how is Johnson & Johnson Innovation – JLABS recent collaboration with EDB enabling and empowering emerging healthcare companies with the knowledge, experience and venture connections across a spectrum of pharmaceutical and medical technology sectors?
Melinda Richter, Global Head, Johnson & Johnson Innovation – JLABS shares more.
See omnystudio.com/listener for privacy information.
11/9/2023 • 10 minutes, 14 seconds
Under the Radar: Trellix spills the beans on the growth opportunities in the evolving security landscape; status of the firm formed through the merger of McAfee Enterprise and FireEye
Today we’re going to talk about a company that helps organisations navigate the most advanced cybersecurity threats in this day and age.
Founded in January 2022 with the merger of McAfee Enterprise and FireEye, Trellix is a global company that helps firms gain confidence in the protection and resilience of their operations through its open and native extended detection and response (XDR) platform.
The firm serves over 40,000 customers and nearly US$2 billion in revenue and touts itself as the market leader in the cybersecurity scene.
But what exactly does it mean by extended detection and response? What are the products and services provided by the firm specifically, and what is the state of the firms’ operations post-merger?
Across the wider industry, Grand View Research values the global extended detection and response market at US$754.8 million in 2022 and expects it to grow at a compound annual growth rate of 20.7% from 2023 to 2030.
But what are the growth opportunities for Trellix? And what are the trends to watch out for in the evolving security landscape?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Vicki Batka, Senior Vice President, Asia Pacific & Japan at Trellix.See omnystudio.com/listener for privacy information.
11/9/2023 • 27 minutes, 42 seconds
Culture Club: The 39th vOilah! French Film Festival & What it Means for France-Singapore Cultural Relations
From the dawn of filmmaking, France has been a powerhouse of cinematic art. The country has cultivated a rich film culture and produced some of the most influential and acclaimed directors, actors, and films in the history of French cinema.
From 9th to 21st November 2023, the vOilah! French Film Festival returns in Singapore, boasting its biggest lineup yet. With a curation of 38 films that capture the essence of French cinema, the 39th edition promises an unforgettable journey through the realms of cinematic storytelling.
Ambassador of France to Singapore, Her Excellency, Minh-di Tang shares more on this year’s program and what it means to France-Singapore cultural relations.See omnystudio.com/listener for privacy information.
11/8/2023 • 12 minutes, 29 seconds
Sports Minutes: Will the return of Safuwan and Ikhsan boost Singapore's chances against South Korea and Thailand?
The Singapore national football team has been buoyed by the timely return of Safuwan Baharudin and Ikhsan Fandi - after both were named in the Lions' 24-man squad by Takayuki Nishigaya for the upcoming World Cup qualifiers second round fixtures against South Korea and Thailand. Having last played for the national team in June 2022, Safuwan has had to miss out due to concerns over medical clearance following successive head injuries. How has he worked his way back into the fold? Deepanraj Ganesan, sports reporter with The Straits Times, has the answers!
READ MORE: https://www.straitstimes.com/sport/football/safuwan-baharudin-ikhsan-fandi-return-for-lions-clash-with-south-korea-and-thailand
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
11/8/2023 • 12 minutes, 8 seconds
Culture Club EXTRA: Educating the future generation of the media industry
In this special edition of The Evening Runway, guest co-host Sharon Ismail, Media Lecturer and Actress shares with us, her life juggling being a mother, lecturer and actress and her approach as a lecturer in the ever changing media landscape. See omnystudio.com/listener for privacy information.
11/8/2023 • 10 minutes
Why It Matters: Ways to manage a startup's financial health
When it comes to managing money, there are a number of similarities and differences between personal and business financial planning. The commonalities include creating budgets, paying taxes, investing, and establishing strategic goals. But how can one find the right footing in balancing their personal finance and business finance at the same time?
Prashant Aggarwal, Chief Executive Officer and Board Member, MoneyHero Group shares his perspectives. See omnystudio.com/listener for privacy information.
11/8/2023 • 13 minutes, 25 seconds
Market View: SIA’s S$1.4b net profit for first half and momentum for aviation industry; Singtel’s Optus outage; Seatrium’s 148.9% yoy increase in net order book; Possibility of Ping An taking over Country Garden; Robinhood Markets missed Q3 revenue estimates; WeWork seeks bankruptcy protection
Singapore shares started the day on a softer note, amid major counters’ Q3 updates.
In early trade, the Straits Times Index (STI) headed down 0.6 per cent o to 3,154.34 points after 93.1 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Singapore Airlines. The national carrier posted a net profit of S$1.4 billion for the first six months of its financial year ended Sep 30, up 55.4 per cent from S$926.9 million a year earlier.
Meanwhile from more on the latest earnings out of Singapore to a possible rescue of Country Garden by Ping An Insurance Group, more corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.See omnystudio.com/listener for privacy information.
11/8/2023 • 9 minutes, 40 seconds
Regional Round Up: Malaysia renews backing for Hamas, will there be consequences?
From Malaysia saying that it will not recognise unilateral sanctions in response to a proposed US law to level sanctions against foreign supporters of Hamas and other Palestinian militant groups to our regional leaders set to attend the Asia-Pacific Economic Cooperation Summit later this month.
Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs gives us an analysis of those headlines and more.
See omnystudio.com/listener for privacy information.
11/8/2023 • 6 minutes, 10 seconds
Under the Radar: Is focusing on lifestyle products, and working with luxury brands like Dolce & Gabbana, Panerai and Automobili Lamborghini the key to extending Razer’s sphere of influence?
Today we’re going to talk about a gaming company that has a triple-headed snake trademark.
Does Razer come to mind? Founded in 2005 and dual headquartered in Irvine and Singapore, Razer is widely recognised as a leading brand for gamers in the US, Europe and China.
With a fan base that spans every continent, the company has designed and built the world’s largest gamer-focused ecosystem of hardware, software and services. It also has 16 physical stores around the world including 11 in the US and the rest in Taipei, Hong Kong and Singapore.
Looking ahead, Razer’s CEO Min-Liang Tan outlined the firm’s plans to expand to 100 outlets with the initial focus on North America and does not rule out a public offering in the US.
But what are the drivers of growth Razer sees in the gaming space that would support such a network of physical stores? Could moving into lifestyle products be the key to extending Razer’s sphere of influence?
Speaking of lifestyle products, Razer seems to be doubling down on partnerships with luxury brands, working with Italian fashion house Dolce & Gabbanna on a line of clothing, with watch brand Panerai on a new watch, and with supercar brand Automobili Lamborghini on a gaming laptop.
The move comes as non-gaming brands seek to tap the gamer demographic. Question is – how far can such partnerships boost Razer’s top and bottom lines and position it as the go-to gaming company for the affluent?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Addie Tan, Global Head of Lifestyle Division, Razer Inc.See omnystudio.com/listener for privacy information.
11/8/2023 • 27 minutes, 11 seconds
Sports Minutes: More contro-VAR-sy, more scrutiny!
VAR continued to take centre stage, as the London Derby won 4-1 by Chelsea against Tottenham - was marred by yet more controversy. The use of technology was required on NINE occasions in the first half alone! With the men in the middle facing severe scrutiny, we check in with Spurs boss Ange Postecoglu, pundit Gary Neville and Arsenal fan Eddy Hirono on this one!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
11/7/2023 • 15 minutes, 5 seconds
Culture Club: Tradition to Trend - The Rise of Custom Jewellery in Singapore
While there are many beautiful ready-to-wear accessories on the market, nothing beats custom-made jewellery imbued with your own flair.
From one-of-a-kind engagement rings to meaningful family heirlooms, Amanda Ang, Founder, August Bespoke shares what goes on behind turning your wildest dream designs into wearable personalised jewellery.
See omnystudio.com/listener for privacy information.
11/7/2023 • 16 minutes, 16 seconds
Market View: Frasers Hospitality Trust, Rex International; Intel shelves planned investment in Vietnam; Shares of Chinese EV makers slid on news of more affordable Tesla model
Singapore shares struggled to advance at the open today as banks and other index counters started the morning trading session in the red.
In early trade, the Straits Times Index (STI) headed down 0.8 per cent to 3,154.90 points after 83.6 million securities changed hands in the broader market.
In terms of companies to watch for today, we have oil exploration and production company Rex International.
That’s as the firm’s subsidiary Lime Petroleum is set to acquire a 17 per cent interest from two vendors in PL740 in the Norwegian North Sea.
Meanwhile, from Intel shelving its planned chip operation expansion in Vietnam to Shares of Chinese EV makers sliding on a report that Tesla is planning a more affordable model for European consumers, more corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Oriano Lizza, Sales Trader, CMC Markets.See omnystudio.com/listener for privacy information.
11/7/2023 • 8 minutes, 50 seconds
Why It Matters: Social media platforms regulation, are we entering a new era on this front?
Before 2016, online regulation was pretty low on the political agenda. That changed after the election of Donald Trump and the Brexit referendum. In each case, the losing side came to believe that shady digital forces had been weaponized against them. So how can the law keep up with the ever fast changing social media world?
Benjamin Cheong, Deputy Head of Technology, Media and Telecommunications, Rajah & Tann (& Senior Accredited Specialist, Data and Digital Economy) shares his views. See omnystudio.com/listener for privacy information.
11/7/2023 • 12 minutes, 54 seconds
Under the Radar: Making hotels feel like a home away from home – GUAVA Amenities on tapping the sustainability wave and the use of an “ecosystem business model”
What is the first thing you do when you check in at a hotel? While some might check out the fittings like the beds and the space, others might want to soak in the ambience.
But ever wondered what makes a hotel feel a certain way – say like a home away from home?
The answer perhaps lies in the details – say the fragrance, amenity kits, door gifts and other finishing touches, and that is precisely the work of our guest for today.
Founded in 2004, GUAVA Amenities is not only a major player in the guest amenity space, but a world leader in Sustainable Guest Amenities. The firm curates and designs unique wet and dry amenity, gift and ancillary solutions.
It prides itself on pioneering an ecosystem business model that enables the world’s largest hospitality chains, airlines and cruise lines to reduce plastics by up to 90% and costs by over 20% by decentralising production and distributing directly without intermediaries.
But what is an ecosystem business model exactly? And why is the firm hinging on sustainability as part of its value proposition and to what extent does that benefit top and bottom lines?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Gabriel Tan, CEO, GUAVA Amenities.See omnystudio.com/listener for privacy information.
11/7/2023 • 28 minutes, 48 seconds
China Perspective: China and Australia, frenemies who need each other?
From China’s President Xi Jinping meeting Australian PM Anthony Albanese in Beijing to Mr Xi holding talks over video with German Chancellor Olaf Scholz.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more.
See omnystudio.com/listener for privacy information.
11/7/2023 • 9 minutes, 29 seconds
Sports Minutes: Do Arsenal and Arteta have a case? Or should they get on with it?
Arsenal said they "wholeheartedly support" manager Mikel Arteta after he criticised the officiating in Saturday's Premier League defeat by Newcastle United. The Magpies goal was allowed to stand after VAR took several minutes to check if the ball went out of play, whether there was a foul in the build-up and for offside as Arsenal fell to their first league defeat of the season. Do the Gunners have a case? Elliott and Raushan discuss!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
11/6/2023 • 13 minutes, 18 seconds
Culture Club: Women in power, 28 years of legacy, driving synergies in the tech industry
According to the International Labor Organization, 3 out of 4 companies with women in management positions register an increase in profits from 5% to 20%
We speak to Jacqueline Chay, Executive Director, AsiaPac Technology, a subsidiary of M1 to find out how she's driving change in the tech industry.
Spending almost three decades in AsiaPac Technology, Jacqueline has witnessed a massive shift in the hybrid multi-cloud landscape, explored trends, and navigated ample challenges in the region. Under her leadership, AsiaPac has successfully implemented 100 major enterprise and nationwide projects for its customers.See omnystudio.com/listener for privacy information.
11/6/2023 • 10 minutes, 42 seconds
Market View: DBS reports 16% higher net profit for Q3; Manulife US Reit, Raffles Medical Group as hot stocks; Indonesia’s Q3 GDP; Shares of Hello Kitty owner Sanrio up 11 per cent on results beat; Ant Group receives government approval to release AI powered products to public; Elon Musk integrating xAI with social media platform X
Singapore stocks were pulled into positive territory today following gains on Wall Street last week.
In early trade, the Straits Times Index (STI) rose 0.4 per cent to 3,156.36 points after 69.8 million securities changed hands in the broader market.
In terms of companies to watch for today, we have DBS. The bank reported today a 16 per cent higher net profit of S$2.59 billion in the third quarter ended September, driven by a record high total income of S$5.2 billion.
Meanwhile, from more on the hot stocks of the day to Sanrio’s earnings and Elon Musk integrating his AI startup xAI with social media platform X, more corporate headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
11/6/2023 • 12 minutes, 1 second
Why It Matters: The power of influence, e-commerce influencer marketing in Southeast Asia
With the advent of social media, 'influencing' people has become an actual job. While influencer marketing is not a new concept, it has grown to be wildly popular in the past few years.
As more companies devote their time and effort to influencer marketing tactics, how big is the power of influence in Southeast Asia and Singapore? Antoine Gross, General Manager, Southeast Asia and India, impact.com tells us. See omnystudio.com/listener for privacy information.
11/6/2023 • 11 minutes, 37 seconds
Under the Radar: Behind the US$62b revenue global tech powerhouse - Lenovo on inorganic growth, B2B business with the likes of Formula 1
Today we’re going to bring you an inside look into a company said to be a US$62 billion revenue global technology powerhouse.
Drumrolls – bingo if you’ve guessed Lenovo. Founded in 1984, the firm delivers a portfolio of PCs and tablets, monitors, accessories, smart home and collaboration solutions, as well as smart infrastructure data centre solutions around the world.
In fact, the firm has since 1995 shipped over half a billion PCs, and make three devices every second.
The company ranks the #217 in the Fortune Global 500. It is also listed on the Hong Kong Stock Exchange, where it is included as one of the initial members of the Hang Seng TECH Index.
Why are we talking about Lenovo? We’re talking about Lenovo because while it is widely known for its consumer products, the firm is very much into B2B services. For one thing, it works with Formula 1 to build technology infrastructure that facilitates the flow of data collected on race tracks. But how far will B2B business be a key driver for growth?
Speaking of growth, the firm has a history of acquiring major firms including IBM’s PC business back in 2005.
More recently, the company had in June last year acquired stakes in two digital units of Hong Kong telecoms firm PCCW to grow its IT services business. But how far will the firm rely on M&A and investments in other firms for future growth?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Fan Ho, Executive Director and General Manager, Asia Pacific Solutions and Services Group, Lenovo.See omnystudio.com/listener for privacy information.
11/6/2023 • 30 minutes, 37 seconds
Washington Report: FTX's Sam Bankman-Fried’s Guilty Verdict & Broader Implications for Crypto Regulation
FTX founder Sam Bankman-Fried has been found guilty of defrauding customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record. The verdict came just shy of one year after FTX filed for bankruptcy.
How will the verdict impact crypto markets going ahead? What more can be done in terms of regulation so that crypto investors in the US will be protected from future fraud?
Antonio Fatás, Professor of Economics, INSEAD explains. We also take a look at the state of the US economy, and how that might affect the outcome of the 2024 presidential election, as well as the possible implications of further conflict in the Middle East on the global economy an inflation.See omnystudio.com/listener for privacy information.
11/6/2023 • 8 minutes, 7 seconds
Sports Minutes: Overcoming cancer to complete TWO marathons
This is the inspiring story of 66-year old Xanthe Khatoon, a cancer survivor who overcame adversity to complete TWO marathons. And she's only getting started! We speak to Xanthe to learn more about journey through adversity, her mindset and her motivations.
READ MORE: https://www.straitstimes.com/sport/cancer-survivor-66-overcomes-obstacles-to-complete-5km-at-great-eastern-women-s-run
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
11/3/2023 • 11 minutes, 50 seconds
Culture Club: HighHouse & NOVA - Singapore's Largest Nightlife Spot to Open Post-pandemic
Singapore's nightlife and culinary scene saw itself given the kiss of life in 2022, when Covid-19 pandemic restrictions were fully lifted.
And now, that very landscape has truly transformed, with new industry players looking to make an impression to invigorate consumer demand.
In December, patrons can enjoy a bird’s-eye view of Singapore from the top floors of One Raffles Place when a multi-concept nightlife venue, HighHouse and Nova opens there. Spanning over 10,000 square feet and spearheaded by OUE Restaurants, it will be the largest nightlife venue to open since the Covid-19 pandemic.
Wayne Lee, General Manager, HighHouse & NOVA shares more.See omnystudio.com/listener for privacy information.
11/3/2023 • 15 minutes, 19 seconds
The Good Life: Understanding shingles, is it contagious?
Shingles, also known as herpes zoster, is a painful skin rash caused by the re-activation of the chickenpox virus in people who have previously had chickenpox. The virus can be re-activated because of a range of issues that include advancing age, immune-suppressants, illness, or stress.
Dr Asok Kurup, Infectious Disease Expert, Mount Elizabeth Hospital helps us understand shingles better and whether its contagious. See omnystudio.com/listener for privacy information.
11/3/2023 • 5 minutes, 27 seconds
Market View: Keppel Infrastructure Trust doubles distributable income; Manulife US Reit, AIMS APAC Reit; SIA Engineering Company’s 82% increase in profit; YZJ Shipbuilding’s order wins at over double of full-year target; Apple’s CEO Tim Cook reassures investors on China iPhone demand; FTX founder Sam Bankman-Fried convicted
Singapore stocks posted strong gains at the open today, after global markets rallied overnight on the latest Federal Reserve decision to hold rates steady.
In early trade, the Straits Times Index (STI) was up 1.1 per cent to 3,115.22 points after 82.2 million securities changed hands in the broader market.
In terms of companies to watch today, we have Keppel Infrastructure Trust after it almost doubled its distributable income to S$266.1 million over the first nine months of 2023. The trust will also be paying a special distribution to unitholders.
Elsewhere from FTX founder Sam Bankman-Fried convicted of stealing from customers to Apple’s Tim Cook on iPhone demand in China, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
11/3/2023 • 12 minutes, 54 seconds
Why It Matters: What Digital Legacy Will You Leave Behind?
We now live in a world where much of what we do hinges on online platforms. And yet, we’re not really thinking about protecting our digital assets.
What digital legacy will you leave behind and why is it so important to have measures in place to protect them?
Nicholas Worley, CEO & Founder, InaLife explains.See omnystudio.com/listener for privacy information.
11/3/2023 • 13 minutes, 41 seconds
Under the Radar: Royal Caribbean International on what it takes for the firm to homeport its biggest ships in the region; Importance of Singapore vs China; Competition in Singapore with Disney coming into the picture
This is the conversation for you if you’re looking to travel the world and sail the seven seas in the upcoming December holidays.
Founded in 1969, our guest Royal Caribbean International is the world’s largest cruise line.
The firm prides itself on its history of innovation from being the firm with the first surf simulator to the fastest internet at sea.
It also has a global network across major sea routes. Just to give a sense of Royal Caribbean’s global footprint, the firm’s fleets visited 256 ports in 64 countries on 6 continents around the world back in 2017.
But how important is Asia to Royal Caribbean in the bigger scheme of things?
What is the role of Singapore as a market given how it was one of the first to allow ships to be homeported during the pandemic, and how it has been the homeport of Asia’s largest cruise ship, the Spectrum of the Seas?
How far will the firm’s attention shift from Singapore to China post-pandemic with Asia’s largest cruise ship, the Spectrum of the Seas, returning back to its original homeport of Shanghai in May 2024?
Meanwhile, Disney Cruise Line has signed a deal to homeport its newest cruise ship here in Singapore for the first time. What does this mean for Royal Caribbean, and what will it take for Royal Caribbean to homeport even larger ships here in Singapore?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Bert Hernandez, Senior Vice President, Royal Caribbean International. See omnystudio.com/listener for privacy information.
11/3/2023 • 16 minutes, 52 seconds
Weekly Wrap Up: MAS bars DBS for six months, but why are serious actions taken only now?
The Monetary Authority of Singapore (MAS) has imposed a six-month pause on DBS Bank's non-essential IT changes to ensure that the bank keeps sharp focus on restoring the resilience of its digital banking services.
DBS will not be allowed to acquire new business ventures during this period or reduce the size of its branch and ATM networks in Singapore. But why are such serious actions only taken now despite the bank facing major disruptions multiple times in the last year.
Benjamin Ang, Senior Fellow & Head, Centre of Excellence for National Security and Future Issues in Technology, RSIS NTU shares his views. See omnystudio.com/listener for privacy information.
11/3/2023 • 8 minutes, 41 seconds
Sports Minutes: National runner Soh Rui Yong on what Singapore's sporting culture lacks
Despite celebrating the highs of Joseph Schooling and Shanti Pereira in recent years, Singapore's sporting culture remains questionable. How then can we aspire to create a healthy eco-system to let budding athletes flourish? Soh Rui Yong, Singaporean national long-distance runner and holder of six national records, joins us from the United Kingdom to tell us more.
READ MORE: https://www.straitstimes.com/sport/newly-wed-soh-rui-yong-breaks-two-singapore-records-at-valencia-half-marathon
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
11/2/2023 • 15 minutes, 54 seconds
Culture Club: How Micro-Hotels Are Changing the Travel Game in Asia
The micro-hotel industry has seen incredible growth and is expected to reach over $150b by 2032, with Asia-Pacific holding one of the highest market shares of small rooms. What does this growth projection mean for micro-hotels like YOTEL?
Hubert Viriot, CEO, YOTEL explains the brand's ambitious expansion plans for Asia, including new projects in Japan, Malaysia and Thailand which will see YOTEL doubling its footprint in Asia by 2025. See omnystudio.com/listener for privacy information.
11/2/2023 • 13 minutes, 6 seconds
Market View: Fed holds rates steady; higher Treasury yields working; MAS imposes “six month pause” on DBS essential IT changes, no acquisition of new business ventures; SingPost back in the black for 1H; Softbank pioneering new bond-type stock; Zalando and Estee Lauder’s earnings outlook
Singapore shares were pulled into positive territory today, following overnight gains on Wall Street.
That’s after the Federal Reserve’s decision to keep interest rates steady. In early trade, the Straits Times Index (STI) rose 0.4 per cent to 3,088.32 points, after 69.8 million securities changed hands in the broader market.
In terms of companies to watch, we have DBS, after the Monetary Authority of Singapore yesterday imposed a “six-month pause” on DBS’ non-essential IT changes following repeated and prolonged disruptions of its banking services this year.
Meanwhile, from more on SingPost’s earnings to SoftBank’s pioneering a new bond-type stock, more local and regional headlines are in focus today.
Also on deck – a deep dive into European and US headlines from Zalando and Estee Lauder’s earnings outlook to the Federal Reserve’s signal on interest rates.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.See omnystudio.com/listener for privacy information.
11/2/2023 • 10 minutes, 53 seconds
Why It Matters: Finding the balance between AI innovation and human connection
Anyone feeling like AI is speeding up time in 2023. Everywhere we look there is innovation happening at what appears to be a faster rate than ever before.
And as businesses continue to grow and evolve, it is essential to work with various teams within an organisation to understand how to harness the power of AI without causing unnecessary upheaval. But how can companies find the balance between AI innovation with human connection?
Ricky Kapur, Head of Asia Pacific, Zoom shares his views.
See omnystudio.com/listener for privacy information.
11/2/2023 • 10 minutes, 52 seconds
Euro Watch: Will UK Prime Minister Rishi Sunak's AI Summit Be A Success?
Tech companies, government officials, and experts from around the world are gathering at Bletchley Park to discuss the future of artificial intelligence.
Described as a “world first”, UK Prime Minister Rishi Sunak's AI Safety Summit is expected to be a starting point for future policymaking on AI, which has developed rapidly in recent years.
But will the UK AI summit actually achieve anything? What should we consider as a success from the summit?
We find out from Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific.See omnystudio.com/listener for privacy information.
11/2/2023 • 10 minutes, 26 seconds
Sports Minutes: What makes Perry and Luke 'less Singaporean' than Ilhan and Ikhsan?
With the likes of Perry Ng and Luke O'Nien - two footballers plying their trade in the English Championship declaring their interest in swapping their British citizenship to become Singaporeans - we wonder: Is naturalisation and the enrolment of heritage players into the Singapore football team the best way to give the local game a shot in the arm? Would Perry and Luke be considered true blue Singaporeans? If not, why not? Deepanraj Ganesan, sports reporter with The Straits Times joins us to share his opinions.
READ MORE: https://www.straitstimes.com/sport/football/for-the-lions-to-roar-s-pore-need-to-field-their-best-players
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
11/1/2023 • 14 minutes, 38 seconds
The Good Life with Artist, Tunku Khalsom
We speak to Tunku Khalsom, artist and business owner about her experience evolving from artist to businesswoman and the stigma about being an artist. See omnystudio.com/listener for privacy information.
11/1/2023 • 10 minutes, 30 seconds
Culture Club EXTRA: Using social media to sell art, thriving in the art business scene in the region
In this special edition of The Evening Runway, guest co-host Tunku Khalsom, artist and business owner shares with us her thoughts on the recent evolution of the art scene, factors one should consider when starting an art business and the best way to sell art. See omnystudio.com/listener for privacy information.
11/1/2023 • 9 minutes, 35 seconds
Market View: Great Eastern’s new sales for Q3; Paragon Reit, Parkway Life Reit, First Reit earnings; India’s manufacturing growth; China Evergrande reportedly proposes new debt restructuring plan for offshore bondholders; Demand for Toyota vs Tesla; WeWork reportedly filing for Chapter 11 bankruptcy; Expectations on Fed’s latest policy move
Singapore shares advanced in early trade today, tracking overall gains in global markets.
The Straits Times Index (STI) rose 0.1 per cent to 3,072.09 points then, after 26 million securities changed hands in the broader market.
In terms of companies to watch today, we have Great Eastern, after the insurance arm of OCBC posted a 5 per cent increase in total weighted new sales to S$419.4 million for the third quarter ended September.
Elsewhere from WeWork reportedly filing for a Chapter 11 petition in New Jersey to more on media reports of China Evergrande’s plans for offshore bondholders, more corporate headlines are in focus.
Also on the table today – more news on two automakers that both have their names start with the letter ’T’ – Tesla and Toyota.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian sat down with Matthias Chan, Head of Research at SAC Capital for more.See omnystudio.com/listener for privacy information.
11/1/2023 • 8 minutes, 39 seconds
Culture Club: Live Onboard the Only Privately-Owned Residential Yacht on Earth
Does owning a home at sea makes financial sense?
The World, Residences at Sea, the only privately-owned residential yacht on Earth, will be berthing in Singapore in May 2024.
Investors looking for a unique ultra-luxury lifestyle of global exploration from the comfort of ‘home' can expect a small number of private residences available for resale onboard the The World.
We sit down with Craig Bowen, Ambassador for The World to find out more about the investment and lifestyle opportunities The World presents.
See omnystudio.com/listener for privacy information.
11/1/2023 • 16 minutes, 12 seconds
Why It Matters: Why the Netherlands is a great climate for Singapore businesses
The Netherlands has strong ties with Singapore, dating back to the 19th century and fast forward, more than 1600 Dutch companies are active in Singapore.
Mrs. Anneke Adema, Ambassador of the Netherlands to Singapore and Brunei tells us more on how the relationship between Singapore and the Netherlands have progressed over the years and Dutchcham Winsemius Awards' role in all of these. See omnystudio.com/listener for privacy information.
11/1/2023 • 8 minutes, 28 seconds
Regional Roundup: Malaysia defies the US, refuses to consider Hamas as terrorists
From the conclusion of the 10th Singapore-Malaysia Leaders’ Retreat to Malaysian Prime Minister Anwar Ibrahim revealing that the US has tried to pressure Malaysia on the Palestine-Israel conflict.
Dr Mustafa Izzuddin, Senior International Affairs Analyst, Solaris Strategies Singapore gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
11/1/2023 • 8 minutes, 51 seconds
Under the Radar: Qualcomm on assessment of global smartphone shipments and its transition into an “intelligent edge computing” firm amid the rise in Generative AI
Enabling a world where everyone and everything can be intelligently connected. That’s the mission of our guest for today Qualcomm Technologies.
Founded in 1985, Qualcomm is a semiconductor designer and an innovator in wireless communications technologies. The firm relies on third party manufacturers like TSMC and Globalfoundries to make chips, which are then sold to smartphone makers.
While it is not a hardware firm, Qualcomm still transforms the way we work, live and communicate through its processors and modems.
Take your Samsung Galaxy phones powered using Qualcomm Technologies’ 5G connectivity solutions, or even the technologies behind the smart and connected factories that make the items we consume.
The firm is perhaps closer to us than we think. But with preliminary data from the International Data Corporation showing worldwide smartphone shipments declined 0.1 per cent on-year to 302.8 million units in the third quarter of 2023, what bearing will this have on Qualcomm Technologies’ business?
Meanwhile, Qualcomm Technologies said in May that it is transitioning from a communications company to an “intelligent edge computing” firm. But to what extent has that got to do with the rise in Generative AI?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Ehsanul Islam, VP Engineering & Regional Head of Qualcomm Technologies SEA.See omnystudio.com/listener for privacy information.
11/1/2023 • 17 minutes, 44 seconds
Sports Minutes: Messi wins record EIGHTH Ballon d'Or, but is he deserving of the crown?
For the eighth (and possibly the last time) Lionel Messi won the Ballon d’Or award - pipping competition from Manchester City’s treble-winners, namely one Erling Haaland. An inevitable result after he inspired Argentina to their first World Cup since 1986, or a complete farce - overlooking merit - to give one of the football's greatest players a(nother) fairytale farewell? Elliott and Raushan are at odds on this one!Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/31/2023 • 13 minutes, 39 seconds
Culture Club: Singaporean Designs Clothes for Stroke Survivors & People With Limited Mobility
In the ever-evolving fashion world, diversity and inclusivity have become essential values that brands embrace to meet the changing demands of consumers.
But what about adaptive fashion that is suitable for individuals with physical or sensory disabilities who may have difficulty dressing or wearing standard clothing?
Claudia Poh, founder of Werable is on a mission to make clothes to empower stroke survivors and those with limited mobility.See omnystudio.com/listener for privacy information.
10/31/2023 • 13 minutes, 59 seconds
Market View: Samudera Shipping Line on Q3 earnings; BoJ loosened grip on long term rates; Boom in weight loss drugs and impact on McDonalds, Krispy Kreme; Fed Interest Rate Expectations; Malaysia PM Anwar on decoupling MYR from the USD
Singapore shares opened higher today, tracking overnight gains in the US and Europe.
In early trade, the Straits Times Index (STI) headed up 0.6 per cent to 3,083.78 points after 66.1 million securities changed hands in the broader market.
In terms of companies to watch today, we have Samudera Shipping Line, after the carrier said yesterday revenue and earnings for the third quarter ended September “recorded a contraction” compared with the year-ago period.
Meanwhile, from more on the Bank of Japan’s latest monetary policy decision to the impact of the boom in weight-loss drugs on the shares of US fast food companies, more international headlines remain in focus.
Not to mention, expectations on the upcoming Federal Reserve interest rate decision and the risk of global economies decoupling from the King Dollar.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian sat down with Jeremy Tan, Chief Executive Officer (CEO) of Tiger Fund Management for more.See omnystudio.com/listener for privacy information.
10/31/2023 • 11 minutes, 27 seconds
Why It Matters: Navigating the supply chain future, adapting and innovating to remain resilient
“Uncertainty is like kryptonite for supply chains” warned the Retail Industry Leaders Association, underlining that the repercussions of supply chain disruptions are no longer just theoretical.
And as supply chains move towards customised and sustainable solutions, Quincus has unveiled a comprehensive guide into the supply chain and logistics trends anticipated in the APAC region as we head in 2024.
Katherina Lacey, Chief Product Officer & Co-Founder, Quincus tells us more about the key highlights from the advisory. See omnystudio.com/listener for privacy information.
10/31/2023 • 8 minutes, 45 seconds
Under the Radar: Spaghetti, macaroni, fettuccine and linguine - Barilla on the side of the pasta business you might not know
Spaghetti, macaroni, fettuccine and linguine and you get it.
Pasta is a favourite when it comes to dinner choices but did you know that the global pasta market is actually worth some US$45 billion in 2022?
In fact, Fortune Business Insights projects the figure to reach US$68.97 billion by 2030, representing a compound annual growth rate of 5.26% during the forecast period of 2023 to 2030.
But how does a pasta manufacturer work, and what are the intricacies when it comes to operating a company that is reliant on commodities such as wheat?
Well, let’s pose these questions to our guest for today. Established in 1877, Barilla is an Italian family-owned food company that is now present in over 100 countries.
The firm is a world leader in the markets of pasta and ready-to-use sauces in continental Europe and is widely recognised as a symbol of Italian know-how.
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Federico Vescovi, Asia Pacific President, Barilla.See omnystudio.com/listener for privacy information.
10/31/2023 • 19 minutes, 24 seconds
China Perspective: Remembering the late Li Keqiang, a 'frustrated reformer' in China?
From highlights from the Beijing Xiangshan Forum to us remembering former Chinese premier Li Keqiang who died from a heart attack at 68 years old. Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
10/31/2023 • 8 minutes, 29 seconds
Sports Minutes: Derby day disaster, is ten Hag running out of time?
If last season offered hope Manchester United were making forward strides under the management of Erik ten Hag, then this campaign is starting to resemble a dismal and rapid retreat. 3-0 losers to neighbours City, the Dutchman's second season is going from bad to worst - a familiar fate suffered by his predecessors. We discuss and dissect the fallout from Derby day!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/30/2023 • 14 minutes, 1 second
Washington Report: Israel-Hamas War; Is Global Opinion Shifting Away From US Influence?
Over the weekend, 120 countries voted for a United Nations resolution calling for a “sustained humanitarian truce” in Gaza. The US, like Israel, has sharply criticised the effort and was one of 14 countries that voted against it .
Why did the US opposed the UN resolution on Gaza and does this end up making the global powerhouse look bad?
We find out if global opinion is shifting away from the influence of the US with Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College.
See omnystudio.com/listener for privacy information.
10/30/2023 • 8 minutes, 57 seconds
Culture Club: The Power of Design to Transform Spaces & Lives
When you think about a healthy lifestyle, you may not think home design can play a role in good health. But actually, your home’s design can have a huge influence on physical, mental, and spiritual well-being.
Multi-award winning designer Nikki Hunt, founder of Singapore’s high-profile design firm Design Intervention shares about the importance of wellbeing through personalised, multisensory design.See omnystudio.com/listener for privacy information.
10/30/2023 • 12 minutes, 51 seconds
Market View: iFAST’s movements, DBS, Philip Securities lowered target prices on Sheng Siong; Outlook for CapitaLand group of companies; Vietnam’s textile and garment exports expected to fall 5.0-6.3% - is this in line with financials from Nike, Adidas, Zara?; S&P 500 in correction territory, implications for Singapore stock market
Singapore stocks began trading in negative territory today after global equities finished the previous week mostly lower.
In early trade, the Straits Times Index declined 0.3 per cent to 3,052.35 points, after 23.1 million securities changed hands in the broader market.
In terms of companies to watch, we have CapitaLand Ascendas Reit, after the real estate investment trust (Reit) reported a slight increase in third quarter portfolio occupancy to 94.5 per cent.
Meanwhile, from more developments surrounding SGX-listed firms to the S&P 500 falling into correction territory on Friday, stock movements are in focus today.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Chin Hui Leong, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
10/30/2023 • 10 minutes, 49 seconds
Why It Matters: The future of retail in SEA, leveraging AI to optimise shopping experiences
A new report from Shopify has highlighted key trends that will help SEA retailers better understand what customers want and plan their retail and ecommerce strategies to compete effectively in the new retail landscape.
So what are these key trends and how can businesses leverage on them?
Bharati Balakrishnan, Country Director, SEA & India, Shopify shares more. See omnystudio.com/listener for privacy information.
10/30/2023 • 13 minutes, 22 seconds
Under the Radar: Tencent Cloud on the outlook for the cloud computing market, on providing SuperApps to public and private sectors and on Web3 as a growth driver
What comes to mind when you put messaging and mini programmes together? How about Tencent?
Founded in 2013, our guest for today is from Tencent Cloud, which provides businesses across the globe with stable and secure industry leading products and services.
We’re talking about businesses across a wide range of industries including the fields of gaming, media and entertainment, finance, healthcare and more. But what are the specific products and services offered in more granular terms?
Speaking of products and services, Tencent Cloud worked with authorities in Abu Dhabi to transform its TAMM application into a SuperApp.
That’s by consolidating over 700 essential public services from more than 30 government entities and the private sector on a single, standardised mini programme.
But how does it work exactly and how far can the model be replicated to serve public and private sector clients in Singapore and Malaysia?
Meanwhile, what is the outlook for Tencent Cloud in the near future given how Microsoft and Amazon reported robust financial performance on their cloud businesses. To what extent is Web3 a key growth driver?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Kenneth Siow, General Manager (Singapore/Malaysia) at Tencent Cloud International.See omnystudio.com/listener for privacy information.
10/30/2023 • 22 minutes, 33 seconds
Sports Minutes: Cycling through the Lion City!
Anticipation is building up among cycling fans as Jasper Philipsen, Chris Froome and Sepp Kuss become the latest names to join a star-studded field set to compete at the upcoming Oct 28-29 Tour de France Prudential Singapore Criterium.
To find out more we check in with Goh Theng Kiat, Chief Customer Officer, Prudential Singapore.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/27/2023 • 12 minutes, 45 seconds
The Good Life: Managing post stroke and rehabilitation
A stroke, sometimes called a brain attack, occurs when something blocks blood supply to part of the brain or when a blood vessel in the brain bursts. How would one's lifestyle change after a stroke? What is rehabilitation like?
Dr Carol Tham, Senior Consultant, Department of Neurology, National Neuroscience Institute shares more. See omnystudio.com/listener for privacy information.
10/27/2023 • 6 minutes, 57 seconds
Market View: A look into latest financial results from Wilmar Group, Sheng Siong, CapitaLand China Trust; DBS upgrades iFast Corporation; China Evergrande reportedly held talks with holdout creditors; Amazon, Intel’s stellar earnings
Singapore shares opened slightly higher today, led by gains from the trio of local banks and real estate investment trusts.
In early trade, the Straits Times Index (STI) headed up 0.1 per cent to 3,073.1 points, after 29.7 million securities changed hands in the broader market.
In terms of companies to watch today, we have Wilmar International, after the agribusiness group’s net profit for the third quarter ended September fell 59 per cent to US$313.9 million.
Elsewhere, from more on SGX-listed companies such as CapitaLand China Trust, iFast and Sheng Siong, to news on China Evergrande and the earnings season in the US, more corporate headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Willie Keng, Founder, Dividend TitanSee omnystudio.com/listener for privacy information.
10/27/2023 • 11 minutes, 52 seconds
Why It Matters: Consumers Want Businesses to Take More Responsibility for Mobile Scams
Singaporeans were scammed of more than $10 million in the first six months of 2023. Unfortunately, the so-called ‘scamdemic’ shows no signs of slowing down.
However, in Appdome’s 2023 APAC Consumer Expectations of Mobile Security survey, more than half of the 75,000 respondents in 12 countries said that the responsibility to protect them lies with the brands behind mobile apps.
Clearly, consumers feel that businesses are not doing enough to protect them and want them to take greater responsibility.Jan Sysmans, Mobile App Security Evangelist of Appdome explains why businesses should pay attention to what their customers are saying.See omnystudio.com/listener for privacy information.
10/27/2023 • 12 minutes, 57 seconds
Under the Radar: Sheffield Green’s Chairman and CEO on its upcoming Catalist IPO and opportunities for HR recruitment as the O&G industry rides the green wave
Providing HR recruitment services to specifically the renewable energy industry. That’s what we are going to talk about today.
Incorporated in 2021, Sheffield Green is the renewable energy spinoff of Sheffield Energy, which is a recruitment firm specialised in serving the oil and gas sector over the past 30 years.
The subsidiary provides end-to-end services ranging from supplying technical and management staff to peripheral services including training as well as administrative paperwork.
We’re talking about Sheffield Green because it has recently completed its registration to list on the Catalist Board of the Singapore Exchange.
The firm is offering 24.0 million shares, of which 3.6 million are for public offering. The counter is set to begin trading on 30 October, with an issue price of 25 Singapore cents apiece.
This will mean a valuation of S$46.6 million for Sheffield Green if all shares on offer are subscribed.
Question is – what are some of the opportunities that Sheffield Green wants to tap as the O&G industry rides on the green wave?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Bryan Kee, Chairman, CEO and Executive Director, Sheffield Green.See omnystudio.com/listener for privacy information.
10/27/2023 • 20 minutes, 43 seconds
Weekly Wrap Up: Are Singaporeans over the Five ‘C’s?
In the past, Singaporeans talked about chasing the Five ‘C’s but nowadays we no longer focus on them anymore. More than materialism, Singaporeans now chase meaning and the evolving Singapore Dream must be reflected in key shifts around how its citizens define success across all areas of life.
This was outlined in the Forward SG report, which laid out a roadmap for a new way forward for Singapore.
Dr Tan Ern Ser, Sociologist, Associate Professor, Department of Sociology; Academic Convener, Singapore Studies, National University of Singapore (NUS) shares his thoughts on this report. See omnystudio.com/listener for privacy information.
10/27/2023 • 8 minutes, 33 seconds
Culture Club: Power Couple Behind Black Tap's Award Winning Burgers & Milkshakes
Chris Barish and Julie Mulligan, founders of award-winning New York burger and milkshake sensation Black Tap, returns to Singapore this October to celebrate Black Tap Singapore’s 5th anniversary since its opening in 2018 at The Shoppes at Marina Bay Sands.
We find out how the dynamic power couple has been the driving force behind the brand’s extensive global presence with locations across the US and around the world. See omnystudio.com/listener for privacy information.
10/27/2023 • 16 minutes, 29 seconds
Sports Minutes: Singapore bowlers strike gold
With two gold, three silver and four bronze medals - Team Singapore’s bowlers had their most successful outing yet at the recently concluded IBF World Bowling Championships. How did they achieve this feat, and how are the securing a bright future by emphasising on youth development? We speak to Dr Valerie Teo, President of Singapore Bowling, to find out more!
READ MORE: https://www.straitstimes.com/sport/singapore-bowling-celebrates-fruitful-world-championships-and-2023-campaign
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/26/2023 • 11 minutes, 48 seconds
Culture Club: How the private aviation market can survive the new travel world
Public air travel often presents a slew of challenges that can mar the excitement of any journey. However, with private aviation, it offers an enticing alternative for those seeking to transcend the ordinary and embrace a new realm of travel luxury.
Matteo Atti, Chief Marketing Officer, VistaJet gives us an overview of the private aviation industry and what VistaJet is doing to keep up in the new world of travel. See omnystudio.com/listener for privacy information.
10/26/2023 • 12 minutes, 37 seconds
Market View: UOB’s Q3 net profits; Singapore retrenchments hit 4,100 in Q3; CapitaLand Integrated Commercial Trust, Mapletree Logistics Trust, Mapletree Industrial Trust, China approves 1t yuan sovereign bond issuance; Meta warns about outlook, Alphabet, Texas Instruments earnings
Singapore stocks opened softer today following overnight losses on Wall Street as traders reacted to mixed earnings.
In early trade, the Straits Times Index (STI) headed down 0.3 per cent to 3,070.14 points after 55 million securities changed hands in the broader market.
In terms of companies to watch, we have UOB. The bank reported net profit of S$1.38 billion for the third quarter ended September.
That’s down 1 per cent from S$1.4 billion in Q3 FY2022, after accounting for one-off expenses related to the acquisition of Citigroup’s Malaysia, Thailand and Vietnam consumer banking business.
Elsewhere, from quarterly Singapore retrenchments at its highest since Q4 2020, China’s new bonds to help economic recovery, and Facebook parent Meta warning about the outlook for next year, more macroeconomic and corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
10/26/2023 • 11 minutes, 55 seconds
Why It Matters: Spotting gaucher disease in children, the unseen signs
Gaucher disease, its symptoms include fatigue, shortness of breath, abdominal pain, all common signs that parents may brush off as ‘minor complaints’ when experienced by children.
With these symptoms being so common even among healthy children, as a parent, how do we know if it's something more?
Dr Mildrid Yeo Li Wen, Consultant, Genetics Service, KK Women’s and Children’s Hospital share more. See omnystudio.com/listener for privacy information.
10/26/2023 • 9 minutes, 29 seconds
Euro Watch: Will EU leaders agree on a 'humanitarian pause' in Gaza?
The leaders of the European Union's member states are set to meet in Brussels to discuss the Israel-Hamas war and the possibility of issuing a joint call for a 'humanitarian pause' to allow more emergency aid into the Gaza Strip.
Meanwhile, French President Emmanuel Macron has paid a visit to Israel, where he said the ‘first objective’ in the conflict should be to secure the release of those held hostage by Hamas.
But, with France home to the biggest Jewish and Muslim populations in Europe, how will Macron balance domestic pressures and its position in the conflict?
We unpack these issues with Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific.
See omnystudio.com/listener for privacy information.
10/26/2023 • 11 minutes, 4 seconds
Under the Radar: A museum or an attraction? Museum of Ice Cream explains its positioning and its recipe for sustainable revenue growth
Is the Museum of Ice Cream a museum or an attraction? That’s the question we’re going to pose to its business leader today!
Founded by global lifestyle brand Figure8, the Museum of Ice Cream consists of fully immersive spaces like a pool of rubber sprinkles, a unicorn headed slide and more.
With locations in Austin, Chicago, New York City and Singapore, the firm calls itself a pioneer in the experience-first industry that helps to rediscover the kid in the young and old.
But how does the Museum of Ice-Cream define the space in which it operates in as far as its pricing strategy, product pipeline and valuations are concerned?
Speaking of which, the company’s parent Figure8 was valued at US$200 million in 2019 after receiving US$40m of Series A funding led by consumer venture capital firms including Elizabeth Street Ventures.
But what numbers are we looking at right now, four years down the road? What are some of the firm’s recipes for sustainable revenue growth in the longer term?
In the meantime, Toronto-based company Lighthouse Immersive – which is behind the “Immersive Van Gogh” exhibition – had reportedly filed for Chapter 15 bankruptcy earlier this year.
What does this suggest about the challenges experiential museum operators face? And are we seeing a consolidation in the industry in the near term?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Pirakash T, Head of Revenue & Growth at Museum of Ice Cream.See omnystudio.com/listener for privacy information.
10/26/2023 • 26 minutes, 22 seconds
Sports Minutes: Maguire & Onana, the unlikely heroes for Manchester United
Harry Maguire and Andre Onana have been heavily scrutinised in recent times. But they came out swinging last night, as Maguire scored a match winner and Onana saved a last gasp penalty to seal a crucial 1-0 win for Manchester United. Is this the start of a road to redemption, for both the players and the club? We discuss!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/25/2023 • 12 minutes, 11 seconds
Culture Club: Tailor-Made Watch Straps to Elevate Luxury Timepieces
For over a decade now, watch enthusiasts from around the world have been flocking to one man in Bishan for tailor-made straps for their timepieces: Hughes Low of Hughes Handcrafted.
The 37-year-old leather artisan crafts bespoke watch straps and leather goods from the finest skins.
We find out how Hughes' leather-crafting journey began and what it takes to have a discerning eye for working with an array of materials, ranging from alligator, ostrich and crocodile skins to more exotic selections like beaver tail as well as sturgeon and frog skin.See omnystudio.com/listener for privacy information.
10/25/2023 • 14 minutes, 38 seconds
Culture Club: CHECKMATE! Appreciating the art of chess
According to research, the Singapore e-learning market was valued at USD792.97 million in 2019 and is expected to reach USD2,228.74 million by 2028. Online lessons are a core Chess at Three offering and it comprises around 30 percent of their global tutoring revenues in 2022.
Jon Sieber, Chief Executive Officer, Chess at Three helps us understand the game of chess and why Singapore was chosen as the first international outpost for Chess at Three . See omnystudio.com/listener for privacy information.
10/25/2023 • 7 minutes, 22 seconds
Market View: Sembcorp Utilities and PT PLN to explore feasibility of green hydrogen production in Indonesia; DPU numbers out from Mapletree Logistics Trust, Frasers Centrepoint Trust, Far East Hospitality Trust; Vietnam reportedly planning to relax stock market settlement procedures; US Earnings, Meta and IBM set to report
Singapore shares were trading muted this morning, after global equities ended higher overnight on earnings optimism.
In early trade, the Straits Times Index (STI) was up by a marginal 0.04 per cent to 3,085.12 points after 41.9 million securities changed hands in the broader market.
In terms of companies to watch, we have Sembcorp Industries, after its subsidiary Sembcorp Utilities signed a joint development study agreement with Indonesian utility company PT PLN to explore the feasibility of green hydrogen production in Indonesia for export to Singapore.
Aside from Sembcorp Industries, we do have a number of updates from S-REIT managers.
Further away, a slew of earnings out of Coca-Cola, Verizon and 3M fuelled optimism for the US reporting season, but what can we expect looking ahead?
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked these developments with James Cheo, Chief Investment Officer, Southeast Asia at HSBC Global Private Banking and Wealth.See omnystudio.com/listener for privacy information.
10/25/2023 • 9 minutes, 18 seconds
Culture Club EXTRA: Charging forward to improve nutrition literacy
In this special edition of The Evening Runway, guest co-host Charlotte Mei, Nutritionist and Presenter shares with us, her mission to improve nutrition literacy and help people build a healthy relationship with food and her views on what what makes up a good content creation. See omnystudio.com/listener for privacy information.
10/25/2023 • 8 minutes, 2 seconds
Why It Matters: Being a beacon for women in tech, breaking gender barriers
A report by The World Bank has said that women make up less than a third of the world’s workforce in technology-related fields. Women hold 28 percent of all jobs in computer and mathematical occupations, and 15.9 percent of jobs in engineering and architecture occupations.
But what more can the world do to empower more women in the tech scene?
Leanne Robers, Co-Founder, She Loves Tech shares her views. See omnystudio.com/listener for privacy information.
10/25/2023 • 13 minutes, 54 seconds
Regional Roundup: Malaysia stands with Palestine, backlash from the West to come?
From the possible repercussions from the West on Malaysia for defending the Palestinian cause to Indonesia for the first time in 15 years having three pairs to choose from to be their next president and vice president.
Adib Zalkapli, Director, BowerGroupAsia gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
10/25/2023 • 7 minutes, 58 seconds
Under the Radar: Property and Shipping – Uni-Asia’s Group CFO assesses its two vastly different engines of growth
What do shipping and property investments have in common? Well, not much, except for the fact that they are both key pillars of our guest’s business.
Listed on the Singapore Exchange since 2007, Uni-Asia is an alternative investment group that specialises in creating alternative investment opportunities. Its investment targets are mainly handysize dry bulk ships and properties.
But what does this mean exactly? Well, ship investors can approach UniAsia for ship investments, while operators can reach out to the firm for ship chartering and management.
On the property side of things, Uni-Asia develops small residential properties in Tokyo under its ALERO brand, which are sold for profits. Aside from building properties for sale, the firm also provides property assessment management services in the country.
As you can see, the two engines of growth are very much uncorrelated. But the question is – how far has that boosted the firm’s resilience?
Meanwhile, Uni-Asia had in August reported a 74% on-year drop in first half profits. But why is this the case? How does the firm assess its reliance on the two drivers of growth? Does it intend to move beyond its niche in the near term?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Lim Kai Ching, Group Chief Financial Officer, Uni-Asia.See omnystudio.com/listener for privacy information.
10/25/2023 • 19 minutes, 25 seconds
The Good Life: The importance of financial literacy for persons living with Dementia
Why is financial literacy for persons living with dementia more important than ever? What is the role of the persons' caregiver in their financial literacy?
Malcolm Koo, CEO of CGS-CIMB Securities (Singapore) shares more. See omnystudio.com/listener for privacy information.
10/24/2023 • 10 minutes, 5 seconds
China Perspective: China rattles foreign firms again with Foxconn probe
From Manila claiming that Chinese vessels had "intentionally hit" Philippine boats over the weekend to Chinese state media reporting that the country has launched an investigation into Taiwan-based iPhone-maker Foxconn.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more, See omnystudio.com/listener for privacy information.
10/24/2023 • 7 minutes, 24 seconds
Under the Radar: Amazon Global Selling’s role in boosting e-commerce sales through Amazon.com
Giving small and medium enterprises the support they need to sell to the world. That’s what we’re going to talk about today.
Started all the way back in 2015, Amazon Global Selling is a programme that empowers entrepreneurs and SMEs to expand their brands globally.
It does so by providing sellers access to Amazon’s global infrastructure, as well as its network of over 200 million Prime customers in overseas Amazon stores. Also part of the deal – over six million business and institutional buyers in the US, Europe and Japan.
Meanwhile, the programme also equips sellers with tools, knowledge resources and training collaborations to help sellers succeed in e-commerce.
Such tools help sellers choose the right products for international commerce and to promote their global brands respectively.
With growing competition in the e-commerce market within Southeast Asia, how important is Amazon Global Selling in helping to boost e-commerce sales through Amazon.com in the region?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Anand Palit, the Head of Amazon Global Selling for Southeast Asia.See omnystudio.com/listener for privacy information.
10/24/2023 • 26 minutes, 29 seconds
Sports Minutes: Has Mikel Arteta self-inflicted the goalkeeping conundrum at Arsenal?
Entrusted by Mikel Arteta to replace Aaron Ramsdale as Arsenal's starting goalkeeper, David Raya has left his manager in a spot of bother after some unconvincing displays that has cost the Gunners. But is this all Arteta's doing, and how will he resolve the issue as his team look to mount a Premier League title challenge?
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/23/2023 • 12 minutes, 36 seconds
Culture Club:Painful experience of losing everything, becoming an advocate for financial literacy
Do we need to be scammed for us to learn to be smarter with our money? Investment scams continue to haunt Singapore, costing its citizens hundreds of millions.
And surprisingly, 53 percent of scammed victims are actually young adults aged between 20 and 39 years old. A single ill-fated investment upheaved our next guest’s life.
Germaine Chow, Founder, I Quadrant shares her experience and why she chose to be an advocate for financial literacy.
See omnystudio.com/listener for privacy information.
10/23/2023 • 8 minutes, 49 seconds
The Good Life with Virgin Active SG's Mitch Price
With Singapore's population getting older, will we see training trends change? Mitch Price, National Group Exercise Manager, Virgin Active SG shares more on the gym's customers demographics and how they are tailoring training for older members. See omnystudio.com/listener for privacy information.
10/23/2023 • 3 minutes, 34 seconds
Why It Matters: Mood buying and retail therapy, why is impulse buying on the rise amid cost-of-living crisis
Price hikes and the increased cost of living are impacting Singaporeans’ spending decisions, but not in the way we might assume. With the cost-of-living crisis in full swing, emotional spending is on the rise, especially among millennials who stand out for saying they impulse buy to cope with stress.
Jo Ling Sun, Senior Trends Analyst, GWI dives deeper into GWI’s latest ‘You Are What You Buy’ study. See omnystudio.com/listener for privacy information.
10/23/2023 • 9 minutes, 7 seconds
Washington Report: Diving deep into Biden's dual-track Gaza strategy
In this week's edition of Washington Report, US President Joe Biden is in focus; from his visit to Israel last week and the possibility of his relationship with the country dragging him down in his political survival.
Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College give us an analysis of those headlines and more.
See omnystudio.com/listener for privacy information.
10/23/2023 • 11 minutes, 4 seconds
Under the Radar: Helping manufacturers provide personalised service – Phasio’s end-to-end manufacturing interface to foster collaboration between manufacturers and customers
You might be on the lookout for personalised service and good customer experience when you’re out dining, or on a vacation.
But did you know that even the manufacturing industry is looking to increase their ‘human touch’ to serve customers better?
Founded in 2021, our guest for today is Phasio, which is an end-to-end manufacturing interface for precision engineering firms.
The platform supports collaboration between manufacturers and customers by allowing both parties to view and comment on the topics such as the design of parts.
Manufacturers can also personalise the orders through the platform, including offering tailored pricing for different orders. But how does it work exactly, and how big of a market gap is Phasio trying to fill with its solution?
Meanwhile, the firm raised US$2.5 million in October in a seed round led by VC firm Airtree Ventures. Investors who took part in the round included 500 Global, Entrepreneur First and private investment office Gattaca Ventures.
Question is – what is the strategic value provided by this group of investors and how does the additional funding position the firm for future growth in Asia and Europe?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Sudharshan Raman, Co-founder and Chief Product Offiicer, Phasio.See omnystudio.com/listener for privacy information.
10/23/2023 • 15 minutes, 44 seconds
Sports Minutes: Why sport teaches you more than books!
What is the Singapore spirit? Is this narrative only attainable by the young athletes from sports and elite schools with ample opportunities to train, perform, and win national championships? What about our aspiring sportsmen from neighbourhood schools, who don’t see themselves represented in inter-school games due to the lack of resources, awareness, and opportunities?
With three Sports Academies, Ray Kua, a former Singaporean naval-diver and currently coach and founder of 3 private sports academies - SwimRay, TripleThreat and GoalKick. is making quality coaching accessible for all Singaporean students and young athletes. We speak to him to find more!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/20/2023 • 11 minutes, 53 seconds
Culture Club: World’s 50 Best Bars Awards comes to SG, what does this mean for us as a cocktail capital of the world
The World's 50 Best Bars held its 15th annual award ceremony in Singapore this year and this is the first time the announcement took place outside of Europe.
Barcelona's Sips took the crown for the world's best bar in 2023, while three Singapore bars managed to secure well-deserved spots, with Jigger and Pony leading the charge as the 14th best bar in the world.
So what does it take to be crowned the world’s best bar?
William Drew, Director of Content, 50 Best shares his thoughts.See omnystudio.com/listener for privacy information.
10/20/2023 • 14 minutes, 28 seconds
The Good Life: Factors that lead to stroke risk
A stroke, sometimes called a brain attack, occurs when something blocks blood supply to part of the brain or when a blood vessel in the brain bursts. What are the factors that can lead to stroke risk? And how can you tell a stroke is about to happen?
Dr Carol Tham, Senior Consultant, Department of Neurology, National Neuroscience Institute shares more. See omnystudio.com/listener for privacy information.
10/20/2023 • 7 minutes, 55 seconds
Market View: Jerome Powell’s comments at the Economic Club of New York; Keppel Corp’s “stronger” Q3 net profits; ST Engineering’s unit awarded Abu Dhabi contract; DBSPayLah! Disruption; Gold prices hit three month peak
Singapore shares pulled back at the open today following another day of overnight losses on Wall Street and Europe.
In early trade, the Straits Times Index (STI) headed down 0.3 per cent to 3,089.14 points after 32.3 million securities changed hands in the broader market.
In terms of companies to watch today, we have Keppel Corporation. The company yesterday reported in a business update that its Q3 net profit was “stronger” year on year, but did not disclose a profit figure.
Meanwhile, from how Federal Reserve Chair Jerome Powell’s comments at the Economic Club of New York are weighing on the Singapore stock market to more on DBS Paylah’s service disruptions, the local market is in focus today.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
10/20/2023 • 11 minutes, 7 seconds
Why It Matters: Organisations considering bans on Generative AI apps, is it too extreme of a move?
It is no secret Generative AI applications like ChatGPT are causing an impact on our lives. According to a recent research by Blackberry, 75 percent of organisations worldwide are currently implementing or considering bans on ChatGPT and other Generative AI applications within the workplace.
But would the banning of Generative AI applications on work devices be too extreme of a move?
Christine Gadsby, Vice President, Product Security Operations, BlackBerry shares her views. See omnystudio.com/listener for privacy information.
10/20/2023 • 12 minutes, 38 seconds
Weekly Wrap Up: Did Singapore's ride hailing scene cause COE prices to skyrocket?
The certificate of entitlement (COE) premium for the Open category breached the $150,000 mark at the latest tender exercise to close at a new all-time high of $152,000.
What has caused prices of COEs to skyrocket over the last few years? And is it time for the government to review the system?
Walter Theseira, Associate Professor, Economics & Head, Master of Management (Urban Transportation) Programme, Singapore University of Social Sciences shares his views. See omnystudio.com/listener for privacy information.
10/20/2023 • 9 minutes, 14 seconds
Sports Minutes: Cristiano Ronaldo defies age (and logic)....again!
Despite being 38 and supposedly in the twilight of his career, Cristiano Ronaldo shows no signs of letting up topping the 2023 goal scorers' charts, with 40 goals for club and country - taking his career tally to 859! Well we had to go out and get a bonafide goalscorer to get his opinion - and who else but a man who scored 363 goals in a 27 year-career, including 24 for his adopted home of Singapore. And mind you, the first in his national team colours came when he was 37-years young! It’s the one and only, Aleksandar Duric.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/19/2023 • 13 minutes, 52 seconds
Culture Club: Singaporean travellers say ‘goodbye’ to revenge travels
Have you planned on where you are heading next for a holiday in 2024?Skyscanner's Travel Trends 2024 has found that the ‘vibe’ of the destination also plays a huge part in Singaporeans picking their next holiday destination.
What does the word ‘vibe’ mean for us in this context? And is ‘revenge travel’ over for us?
Cyndi Hui, Travel Expert, Skyscanner shares her thoughts. See omnystudio.com/listener for privacy information.
10/19/2023 • 11 minutes, 20 seconds
Why It Matters: Can AI reduce the workplace tensions between workers and their bosses?
The tension between organisations and their employees is growing. Disputes span return-to-office debates, the rise of AI in the workplace, and a complicated economic market riddled with layoffs and instability.
So could AI potentially be a solution instead of being part of this particular problem?
Assaf Tarnopolsky, General Manager in APAC, Genesys shares his views. See omnystudio.com/listener for privacy information.
10/19/2023 • 10 minutes, 26 seconds
Market View: Malaysian Ringgit down to lowest level since Asian Financial Crisis; Announcements from Parkway Life Reit, Sabana Reit, Keppel Pacific Oak US Reit; Tesla, Netflix, KeyCorp, American Airlines - what to watch this earnings season; Country Garden’s bondholders seek talks; Nokia cuts up to 14,000 jobs
Singapore shares slipped when trading began today following overnight losses on Wall Street and Europe.
In early trade, the Straits Times Index (STI) headed down 0.8 per cent to 3,111.50 points after 84.8 million securities changed hands in the broader market.
More S-Reits are also in focus today with announcements from Parkway Life Reit and Sabana Industrial Reit.
Meanwhile, from the Ringgit movements to a slew of earnings reports from US market heavyweights Tesla and Netflix, more international headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.See omnystudio.com/listener for privacy information.
10/19/2023 • 12 minutes, 36 seconds
Euro Watch: Is the Israel-Hamas War creating tension within the EU?
From EU leaders meeting to discuss the Israel-Hamas war response amid political divisions to Russia withdrawing its ratification of a landmark deal designed to prohibit nuclear testing.
Dr. Samir Puri, Visiting Lecturer in War Studies at King's College London and author of 'Russia's Road to War with Ukraine’ gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
10/19/2023 • 13 minutes, 13 seconds
Sports Minutes: F1 in schools, to inspire the next generation!
Developed to introduce students to F1 in the most engaging way possible – through the creation of a miniature F1 car – F1 in Schools is an educational project like no other. Designed for teachers, informed by engineers, and endorsed by F1, this programme gives students an insight into the fast lanes; and provides a lot of fun on the way there.
We speak to the two members of the XCLerate Racing team from the XCL World Academy, David Fiore Lopez & Lina Kagawa - two 17-year olds who took part in the 2023 F1 in Schools World Final to find out more!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/18/2023 • 11 minutes
Culture Club: Making the move from hotelier to jewellery designer
You may have heard of fashion designers taking over the hotel landscape. Just a few years ago, Christian Louboutin opened a hotel in Alentejo, Portugal. But what happens when the opposite takes place, from hotelier to jewellery designer? Krystal Prakaikaew Na-Ranong, Founder & Owner, The Slate Phuket and Jewellery Designer shares her experience in making the move. See omnystudio.com/listener for privacy information.
10/18/2023 • 11 minutes, 5 seconds
Market View: Strike on Gaza hospital and impact on global markets, STI; S-Reit’s outlook for the final quarter; China’s economic growth slowed to 4.9% in Q3, IMF maintains APAC growth forecast; Visa, Mastercard drops as Fed considers revising cap on merchant fees; Near term volatilities on USD
Singapore shares opened weaker today, led by declines in banking stocks and index counters. That’s after global markets finished muted in the previous session.
In early trade, the Straits Times Index (STI) headed down 0.3 per cent to 3,161.5 points after 24.9 million securities changed hands in the broader market.
S-Reits are in focus today after Keppel Reit’s manager reported a 5 per cent year-on-year increase in property income to S$172.6 million for its first nine months ended September.
Elsewhere from China’s economic growth slowing to 4.9 per cent in the third quarter to the impact of the ongoing Israel-Gaza conflict on the King dollar, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.See omnystudio.com/listener for privacy information.
10/18/2023 • 10 minutes, 53 seconds
Why It Matters: Shaping luxury kitchen & bath solutions in Asia
From carefully considered design to premium quality finishes, it is a well understood fact that every single element needs to work in harmony to achieve a pleasing interior. That is why selecting only the best materials and products is paramount to achieving a luxury home especially in the kitchen and bathroom.
Leo Leong, General Manager, KOHLER brings us into a realm of luxury kitchen and bathroom solutions. See omnystudio.com/listener for privacy information.
10/18/2023 • 10 minutes, 6 seconds
Regional Roundup: Israel-Hamas War, will Southeast Asia be divided?
From Malaysia suspending the license and air operator’s certificate of MYAirline and the possibility of the Israel-Hamas conflict dividing the region.
Adib Zalkapli, Director, BowerGroupAsia gives us analysis of those headlines and more. See omnystudio.com/listener for privacy information.
10/18/2023 • 10 minutes, 1 second
Sports Minutes: Singapore progress, but what about the process?
Singapore defeated Guam 3-1 over two legs, to secure progress to the next stage of qualification for the 2026 World Cup. Despite getting over the line, the manner of the victory against continental minnows Guam, who are ranked 201st in the world - has raised more questions about Takayuki Nishigaya's tenure as Lions' head coach.
Deepanraj Ganesan, sports reporter with The Straits Times, joins us to discuss and dissect the road to ahead.
READ MORE:
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/17/2023 • 12 minutes, 38 seconds
Culture Club: Singapore Handbag Designer Big on Hyper-Personalisation
Adrian Furstenburg is an award-winning handbag designer and the eponymous label specialises in luxury, custom-created leather goods.
Crafted in a small atelier in Singapore, his bags are made with attention to the tiniest details from the type of leather, colour and functionality.
Now, the South African fashion designer is also looking to make a strong entrance into the luxury fashion market with sustainable materials.
We find out more about Adrian’s journey as a designer, and where he envisions his brand going in the coming years.See omnystudio.com/listener for privacy information.
10/17/2023 • 15 minutes, 30 seconds
The Good Life, Food Hunting with Shawnrick Hu at Chef Hainanese Western Food
Are you in need the mood for some old school Hainanese western food? And if you are in the West side of Singapore, do check out Chef Hainanese Western Food, a stall located at Margaret Drive Hawker Centre. Shawnrick Hu gives us his review of the food stall and the 'must order' when you are there. See omnystudio.com/listener for privacy information.
10/17/2023 • 6 minutes, 42 seconds
Why It Matters: Can Singapore’s spaces keep up with its ageing population?
No secret that Singapore is taking major steps to prepare for a super-aged society with senior-friendly home features, assisted living facilities and more. And as we prepare for our ageing society, one of the main concerns is the current condition and availability of our healthcare or living facilities spaces.
David Huang, Vice President, Studio Practice Leader, HKS Asia Pacific Design Consulting shares how HKS plans to change Singapore's healthcare facilities as we move forward. See omnystudio.com/listener for privacy information.
10/17/2023 • 12 minutes, 49 seconds
Market View: Singapore’s Sep NODX; SIA posts 24.8% yoy rise in passenger traffic vs MYAirline’s collapse; Country Garden’s offshore debt, risks of default; TSMC set to report 30% slump in Q3 profits; Rolls-Royce reportedly set to cut 2,500 jobs
Singapore shares traded higher this morning, following news that the city-state’s key exports in September contracted by a narrower 13.2 per cent year on year. That’s compared with the 22.5 per cent slump in the previous month.
In early trade, the Straits Times Index (STI) rose 0.7 per cent to 3,185.63 points after 71.1 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Singapore Airlines, after the national carrier posted a 24.8 per cent year-on-year increase in passenger traffic in September 2023, as demand for air travel remained robust.
Elsewhere from Rolls-Royce set to cut 2,500 jobs to TSMC’s third quarter profit expected to slide 30 per cent, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Oriano Lizza, Sales Trader, CMC Markets.See omnystudio.com/listener for privacy information.
10/17/2023 • 10 minutes, 31 seconds
China Perspective: Putin visits 'dear friend' Xi, but is their partnership becoming a one-sided affair?
From details of Russian President Vladimir Putin's visit to China to the country's latest reaction with regards to the Israel-Hamas conflict.
Stefan Wolff, Professor of International Security, University of Birmingham gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
Singapore Aquatics is set to honour the men and women who have contributed to its achievements with an Aquatics Hall of Fame - to be launched in 2024. The Hall of Fame’s inauguration will be part of the 85th anniversary celebrations of SAQ, the body for swimming, diving, water polo, artistic swimming and open water swimming. To find out more we speak to Mark Chay, president of Singapore Aquatics.
READ MORE: https://www.straitstimes.com/sport/singapore-aquatics-to-launch-hall-of-fame-in-2024-to-honour-local-greats
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/16/2023 • 12 minutes, 53 seconds
Culture Club: ‘Being local’ as a competitive edge, gaining the favour of local artists
Generations ago, the only option people really had for shopping was to buy local. But as the world becomes ‘smaller’, international brands are more easily available. But buying locally is touted as the best way to be environmentally friendly while supporting local communities at the same time. Ivan Cheong, Chief of Business, Co-Founder, FATfreq shares with us how ‘being local’ has been an advantage for them. See omnystudio.com/listener for privacy information.
10/16/2023 • 14 minutes, 50 seconds
The Good Life with Virgin Active SG's Mitch Price
How competitive is the fitness industry in Singapore? Mitch Price, National Group Exercise Manager, Virgin Active SG shares how Virgin Active SG is keeping up in this competitive market and what sets them apart from other gyms. See omnystudio.com/listener for privacy information.
10/16/2023 • 3 minutes, 59 seconds
Why It Matters: How young e-commerce brands can effectively reach customers for growth
Of all a company’s functions, marketing has perhaps the most to gain from artificial intelligence or AI. This means that if you are a marketer and you are not using AI, you are missing out on the benefits of what is possibly the most transformational technology.
So how will AI marketing work for new businesses owners in the-ecommerce space?
Kiyan Foroughi, CEO & Co-Founder, Needle shares his views. See omnystudio.com/listener for privacy information.
10/16/2023 • 13 minutes, 57 seconds
Market View: Rex International, RH Petrogas performance on SGX amid fears over oil supplies; DBS’ fourth disruption in 2023; China tightens rules on short selling to boost markets; J&T Express to raise up to HK$3.92b in second largest HK IPO; EV maker VinFast Auto to aggressively move into Southeast Asian markets
Singapore stocks opened weaker today following a global retreat last Friday as traders worried over inflation as well as the Israel-Gaza conflict.
In early trade, the Straits Times Index (STI) headed down 0.5 per cent to 3,171.26 points after 44.2 million securities changed hands in the broader market.
In terms of companies to watch for today, we have DBS. That’s as the bank said all of its banking services resumed last morning after over 12 hours of disruptions to its digital, ATM and payment functions, which began on Saturday afternoon.
Elsewhere from China’s efforts to prop up its economy and mainland stock markets to VinFast Auto planning to move aggressively into Southeast Asian markets, more regional headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
10/16/2023 • 12 minutes, 44 seconds
Sports Minutes: Age is no barrier for these goal-den girls, the walking footballers!
For these former national women’s team football team players, walking is the new running as they take on a modified version of the beautiful game. We speak to two members of the “4 Ever Young The Legends” team - captain 67-year old Madam Maimun Wahab and 22-year old Ms Nur Hanis Amira, to find out more!
READ MORE: https://www.straitstimes.com/multimedia/graphics/2023/10/walking-football-singapore/index.html?shell
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/13/2023 • 10 minutes, 56 seconds
Culture Club: Attracting a New Generation of Fine Wine Collectors
In recent years, discussions of wine connoisseurship have been buzzing with noise about the rise of wine collectors under the age of 40.
Indicative of the changing demographics, among the clientele for wine and spirits at Sotheby’s in 2022, a stellar 30% were under the age of 40, and in what was a record year for the department globally, more than one third were hailing from Asia.
How is Penfolds, one of Australia’s oldest and most iconic wineries, adapting to this trend? Plus, can tech and AI bridge the gap with younger wine consumers?
We find out from Stephanie Dutton, Penfolds Country of Origin Group Winemaker.See omnystudio.com/listener for privacy information.
10/13/2023 • 13 minutes, 42 seconds
Weekly Wrap Up: The end of the Dome? How did Israel’s ‘mighty’ Iron Dome ‘fall apart’
From being labelled 'Israel’s 9/11' to the culmination of a '50-year time bomb', the world is reacting to the Hamas-Israel recent conflict. Singapore has come forward to strongly condemn the rocket and terror attacks and our Minister for Home Affairs and Law, K. Shanmugam has also spoken to the media with regards to this matter.
Why does this surprise attack matter to a country like Singapore? Will there ever be a conclusion for the turmoil in that particular region?
Dr Samir Puri, Visiting Lecturer in War Studies at King's College London and author of 'Russia's Road to War with Ukraine shares his reactions and thoughts. See omnystudio.com/listener for privacy information.
10/13/2023 • 16 minutes, 52 seconds
Market View: Singapore’s GDP up 0.7% yoy in Q3; MAS’ decision to keep monetary policy settings unchanged; Keppel Corp acquires properties in Australia; Didi Global reportedly aiming to list on HK stock exchange; Forecast topping Sep US CPI data
Singapore shares opened lower today following news that the country’s economy grew 0.7 per cent on year for the third quarter of 2023.
In early trade, the Straits Times Index (STI) was down 0.7 per cent to 3,195.22 points after 34.6 million securities changed hands in the broader market.
In terms of companies to watch today, we have Keppel Corporation. This comes as its private fund is acquiring two properties in Australia for A$198 million (S$175 million).
The group said yesterday that it intends to lease out the properties to educational institutions.
Meanwhile, the Monetary Authority of Singapore announced ahead of trading hours that it left monetary policy settings unchanged in October, though it intends to shift to a quarterly monetary policy statement schedule from 2024. But what bearing will this have on the Singapore stock market?
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
10/13/2023 • 11 minutes, 13 seconds
Why It Matters: Why Can't We Stop Concert Ticket Scams in Singapore?
When Coldplay’s concert tickets first went on sale in June, tickets for all six days in Singapore were sold out. While fans might be rejoicing with more tickets going on sale this month, the overwhelming demand also set the stage for exploitation.
Since January 2023, at least 522 victims have fallen prey to concert ticket scams in Singapore, with total losses amounting to at least $518,000.
With the all the advancements in the tech space, why haven’t we found a way to stop concert ticket scams in Singapore?
Jennifer Cheng, Proofpoint’s Director of Cybersecurity Strategy for Asia Pacific and Japan shares how scams work and ways to detect social engineering scams.
See omnystudio.com/listener for privacy information.
10/13/2023 • 11 minutes, 31 seconds
Under the Radar: Mito Health’s quest to make us eat, sleep and feel better with personalised health plans
Helping people eat, sleep, exercise and hopefully, feel better. That’s the aim of our guest Mito Health.
Started by Seedly co-founders Kenneth Lou and Chew Tee-Ming this year, Mito Health is a startup focusing on personalised health plans for executives keen on looking beyond annual health check-ups and supplements to maintain their health.
It aims to guide users in improving their diet, exercise and sleep with diagnostics results and wearable data.
Question is – how different is Mito Health from other Executive Health Screening providers and what additional value do they bring on board?
Meanwhile, the company recently raised over S$1.7 million in a pre-seed funding round led by Forge Ventures.
The firm is also backed by a number of angel investors including ShopBack founder Henry Chan, Carousell founder Quek Siu Rui, Glints founder Oswald Yeo, Rainforest founder JJ Chai and Singlife’s innovation head Varun Mittal.
But what strategic value does this group of angel investors bring to the table?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Kenneth Lou, Co-Founder and CEO, Mito Health, and Ryan Ware, Chief Medical Officer, Mito Health.See omnystudio.com/listener for privacy information.
10/13/2023 • 19 minutes, 55 seconds
Culture Club: Connecting Cyclists One Collaborative Solution At A Time
Colligo Collective, Singapore's first community-centric platform for cyclists, made its debut in October with the Coastal Bike Glove, a product that embodies Colligo's commitment to enhancing the cycling experience and uniting enthusiasts worldwide through community engagement.
Ringo Fan, Creator of Colligo Collective explains the driving force behind the platform and shares how the cycling community can embrace the movement responsibly.
See omnystudio.com/listener for privacy information.
10/12/2023 • 12 minutes, 25 seconds
Euro Watch: Economic Ramifications of Hamas-Israel Conflict & EU's Financial Aid to Palestine
Reeling from the shock of terrorist group Hamas' assault inside Israeli territory over the weekend, the European Union's Palestinian policy quickly fell into disarray.
What do we make of the EU’s reaction to the Hamas-Israel conflict? And, what are the economic ramifications for Palestine, given the fact that the EU is the biggest external provider of financial support to Palestinian territories?Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific explains. See omnystudio.com/listener for privacy information.
10/12/2023 • 13 minutes, 7 seconds
Sports Minutes: Jacob Mahler on his Indonesia exploits, and flying the flag for Singapore
Flying the flag for the Lion City in Indonesia, Jacob Mahler is seemingly living up to his much talked about potential. But what are the perks of playing abroad, and how does he deal with the pressure that comes with representing the nation? We speak to Singapore footballer and Madura United defender Jacob Mahler ahead of the Lions' crunch World Cup Qualifier against Guam to find out more.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/12/2023 • 13 minutes, 40 seconds
Market View: Birkenstock’s US IPO and first day performance; Olitek bags new contracts; Centurion on retrofitting 5 purpose-built dorms; Creative Technologies on pre-tax losses for 3 consecutive years; OpenAI plans to introduce major updates; US September CPI
Singapore stocks opened stronger today following overnight gains in global markets, ahead of the release of US key consumer inflation data.
In early trade, the Straits Times Index (STI) rose 0.5 per cent to 3,207.51 points after 44.2 million securities changed hands in the broader market.
In terms of companies to watch, we have Centurion, after the dormitory operator said yesterday that it will retrofit its five purpose-built dorms so that they meet the requirements under the Ministry of Manpower’s Dormitory Transition Scheme.
Elsewhere, from shoemaker Birkenstock’s trading debut on the New York Stock Exchange to OpenAI’s major update to lower costs for developers, more corporate headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
10/12/2023 • 12 minutes, 5 seconds
Under the Radar: Behind the Tuition Centre business – Zenith Learning Group’s quest to expand into Edtech
It may be common for university or pre-university students to give tuition services to their younger peers to earn their first paychecks.
But can you imagine building a multi-million dollar business out of it? In fact that is exactly what our guest for today did.
In fact, 25-year-old Evan Heng started Zenith in 2019 to help Junior College students thrive in the Singapore education system.
The entrepreneur opened his first tuition centre with S$100,000 of his savings and now has over four centres, 90 staff and a revenue of – get this – a whopping S$6.7 million in 2022.
The firm says it is now serving over 10% of all junior college students in Singapore every year. It has also opened the firm to institutional investors, having raised US$1.4 million in a seed funding round in July this year.
The firm had said then that it wanted to expand from physical tuition centres to education technology, but why is this the case? What does this suggest about the limit to growth in the physical private tuition centre business, and what is next for Zenith Education?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Evan Heng, CEO, Zenith Learning Group.See omnystudio.com/listener for privacy information.
10/12/2023 • 24 minutes, 31 seconds
Why It Matters: Life as a diabetes warrior, why balance is key for diabetes management
Type 1 diabetes is characterised by deficient insulin production and requires daily administration of insulin. In 2017 there were 9 million people worldwide with type 1 diabetes; the majority of them live in high-income countries.So how can proper diabetes management help patients maintain a normal life after being diagnosed? And how does tech have a part in this as well?
Dr Kenneth Lee, Regional Medical Director of Abbott Diabetes Care and Jacyln Chan, Country Manager, Technogym Singapore & Fitness Influencer tell us more. See omnystudio.com/listener for privacy information.
10/12/2023 • 14 minutes, 58 seconds
Sports Minutes: Why the mental health of eSports athletes should be taken seriously
When we talk about eSports more often than not we envision being sat on a couch with a controller in hand. What could be so taxing about that? Well, with the burgeoning interest and influx of money into the world of gaming - the pressure to perform is at an all-time high. Beyond gaming, eSports athletes have also become brand ambassadors - which in itself ramps up the pressure. So how do they cope?We speak to Charlie Bailie, Chief Strategy Officer of Ampverse - which is Asia’s largest ecosystem of gaming communities and IP, to find out more!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/11/2023 • 12 minutes, 16 seconds
Culture Club: Leveraging Formula 1 to accelerate gender diversity in tech and motorsports
For over four decades, motorsports, including Formula 1, has been predominantly male-dominated. Yet, a paradigm shift is underway. In 2022, women constituted nearly 40 percent of F1 fans. This has resulted in a proactive response to rectify the existing gender disparity within the sport.
Amitabh Sarkar, Vice President and Head of Asia Pacific and Japan for Enterprise, Tata Communications and Georgette Tan, President, United Women Singapore shares their views on what more needs to be done to increase gender representation in the industry,
See omnystudio.com/listener for privacy information.
10/11/2023 • 16 minutes, 30 seconds
Why It Matters: Say Goodbye to Throwaway Culture in the Fashion Industry
Consumers are now becoming more cognizant of fast fashion and opting for sustainable choices. Here comes Kitdo, a brand that aims to breathe new life into old or ill-fitting clothes with a revolutionary fashion tool.
Kitdo isn't just another sustainable brand; it's an award-winning solution who was recently awarded the Singapore Good Design Mark (SG Mark) 2023, led by the Design Business Chamber Singapore.
Denise, Founder and Designer of Kitdo, and Hong Khai Seng, Vice-President of Design Business Chamber Singapore tells us more. See omnystudio.com/listener for privacy information.
10/11/2023 • 12 minutes, 44 seconds
Market View: Chinese property woes on SGX-listed property players; China’s 1t yuan government bond issuance and HK equity performance today; Yuan movements; Spike in US Treasury yields and impact on USD
Singapore stocks started off strong in early trade today, following overnight gains in global markets.
In early trade, the Straits Times Index (STI) rose 0.4 per cent to 3,212.01 points after 44.1 million securities changed hands in the broader market.
In terms of sectors to watch, we have the property sector after Chinese property developer Yanlord Land Group said yesterday that it recorded an 83.2 per cent on-year drop in total contracted presales from residential units, commercial units and car parks for the first nine months of the year.
Elsewhere from talks that China is considering a large burst of economic stimulus and its impact on the Chinese Yuan, to the effects of rising Treasury yields on the King dollar – more forex news are in focus today.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.See omnystudio.com/listener for privacy information.
10/11/2023 • 12 minutes, 19 seconds
Regional Roundup: ASEAN reacts to Israel-Hamas war
From ASEAN's reaction to the Hamas-Israel conflict to Indonesia's forest fire battle.
Dr Mustafa Izzuddin, Senior International Affairs Analyst, Solaris Strategies Singapore gives us an analysis of those headlines and more.See omnystudio.com/listener for privacy information.
10/11/2023 • 9 minutes, 50 seconds
Under the Radar: FUJIFILM vs Cosmetics - How Astalift and FUJIFILM’s skincare and cosmetics brands helped the firm tide over digital disruption
FUJIFILM may be best known for its photo imaging and digital products such as film and cameras. But did you know that FUJIFILM also makes skincare and cosmetic products?
In fact, observers said FUJIFILM’s cosmetics business could have been why the firm survived the digital revolution. One of the brands that you may have seen in shopping malls is Astalift, which was launched in 2006.
While making cosmetics may seem like a stretch for a photo imaging company, there are synergies between FUJIFILM’s cosmetics and its core camera and photo imaging business.
For one thing, Astalift was mooted when researchers at FUJIFILM realised that the technology to prevent ultraviolet rays from oxidising printed photographs, can also be used for anti-aging products in skincare.
That said, the process to expand into skincare and cosmetics is not one without challenges. But what should we know about FUJIFILM’s diversification into the industry?
Also – how important is FUJIFILM’s skincare and cosmetics unit to the organisation as a whole right now and what are some expansion plans for the business unit?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Jason Wong, Head of Business Unit and Brand Manager, Consumer Healthcare, FUJIFILM Asia Pacific.See omnystudio.com/listener for privacy information.
10/11/2023 • 15 minutes, 12 seconds
The Good Life, Food Hunting with Shawnrick Hu at Karu's Indian Banana Leaf Restaurant
Craving for delicious authentic Indian food served on a banana leaf? Karu's Indian Banana Leaf Restaurant is a restaurant located at Upper Bukit Timah Road, and it does all that with a decent price tag. Shawnrick Hu gives us his review on the restaurant and the 'must have' when you are there. See omnystudio.com/listener for privacy information.
10/10/2023 • 7 minutes, 30 seconds
Culture Club: I fell in love with a Chanel, tips on making your first or next purchase
While we are not suggesting buying Chanel bags is the same as investing in traditional assets, a Chanel bag maintained in excellent condition has increased in value at about 10-15 percent per year.
So what should you look out for when buying a Chanel with intentions to sell it off in the near future? How has the luxury resellers market evolved in the last few years as well?
Stephanie Tan, Founder, My Grandfather's Things shares her views. See omnystudio.com/listener for privacy information.
10/10/2023 • 15 minutes, 17 seconds
Why It Matters: Are data governance and data innovation at odds with each other?
A recent survey by Qlik found that chief data officers have been increasingly prioritising data governance over innovation.
According to the same survey as well, more than half of data executives now report to a security or compliance lead. So why did this trend emerge? How can organisations better walk the governance-innovation tightrope?
Chong Yang Chan, Managing Director, ASEAN, Qlik shares his view. See omnystudio.com/listener for privacy information.
10/10/2023 • 12 minutes, 8 seconds
Market View: Country Garden unable to meet all offshore debt payments; KakaoBank joins Grab, Singtel, Emtek to invest in Superbank; Chinese EV startup WM Motor files for bankruptcy; Samsung Electronics’ 3Q profit expected to drop 80% on-year amid ongoing global chip glut
Singapore shares started the day on solid footing after global markets ended mixed overnight.
In early trade, the Straits Times Index (STI) was up 0.7 per cent to 3,187.32 points after 31.2 million securities changed hands in the broader market.
In terms of companies to watch, we have Singtel. That’s as South Korea’s KakaoBank is joining Grab, Singtel and Emtek Group to invest in Indonesia’s Superbank, by acquiring a 10 per cent stake in newly issued shares of the upcoming digital bank.
Elsewhere, from Chinese EV startup WM Motor filing for bankruptcy to Samsung Q3 profit set to slump 80%, the mobility and semiconductor industries continue to be in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Khoon Goh, Head of Asia Research at ANZ. See omnystudio.com/listener for privacy information.
10/10/2023 • 7 minutes, 45 seconds
Under the Radar: Shell on its B2B Business Mobility Business, how electrification is changing the way it serves fleet owners
You might know of Shell as an energy company or a petrol kiosk operator. But today we are going to bring you another part of the energy giant’s business that you might not know about.
Our guest is from Shell Business mobility. This is a B2B arm which seeks to collaborate with businesses that have a fleet of commercial passenger cars, or even light and medium duty vehicles.
Some of the solutions provided to fleet owners include quality fuel that keeps the engines clean, digital payment and solutions which allows owners to track fuel usage and mobility expenses, and even fleet management services which provides owners visibility of vehicle utilisation. But how broad ranging is Shell’s B2B business really?
Meanwhile, with electrification being a key trend in the mobility sector, Shell is also looking at providing EV charging solutions and carbon compensation schemes for businesses.
Question is, how much investments are poured into infrastructure to help fleets electrify, and how far will investing in the green move position Shell Business Mobility for its next bound of growth?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Jeane Toh, Head of Business Mobility, Shell Singapore.See omnystudio.com/listener for privacy information.
10/10/2023 • 14 minutes, 7 seconds
China Perspective: The end of China's Golden Week holiday, did a consumption boom happen?
From China calling for a ceasefire after Hamas' attack on Israel to the end of China's Golden Week.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
10/10/2023 • 8 minutes, 59 seconds
The Good Life with Virgin Active SG's Mitch Price
Do Singaporeans prefer group or individual training sessions? Mitch Price, National Group Exercise Manager, Virgin Active SG shares more with us on our preferences on this front and upcoming new classes that Virgin Active SG has to offer. See omnystudio.com/listener for privacy information.
10/10/2023 • 3 minutes, 42 seconds
Sports Minutes: The fraternity responds to FAS President Bernard Tan
In his first media interview since being elected FAS President, Bernard Tan sat down with The Straits Times to share why he decided to step up, what the scene needs to do to measure up to others in the region and what changes local football fans can look forward to. But are the fans convinced?
Well we assembled a panel of members from the fraternity - Deepanraj Ganesan, sports reporter with The Straits Times, Faris, a founding member of Singa Brigade and Jose Raymond, former journalist with SPH Media and currently a public relations and policy strategist at a regional PR firm - to respond to Bernard's interview and discuss the road ahead.
Bernard Tan's interview with The Straits Times:https://youtu.be/sWVpW5M2TH0?si=K9ywJSvY9rp0Dm94
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/9/2023 • 33 minutes, 48 seconds
Culture Club: From law to lights - Challenging social expectations to pursue one’s passion
In our pragmatic Singapore, it is never easy to take the road less travelled. However, many of our youths today are taking that leap of faith to build their career in the arts. Our next guest was a lawyer by training before pivoting to filmmaking last year.
Jean-Pierre Pillay, Film maker & *SCAPE National Youth Film Awards 2023 Nominee shares more with us on his pivot to filmmaking and his experience making his film ‘Beneath the Orchids'. See omnystudio.com/listener for privacy information.
10/9/2023 • 13 minutes, 52 seconds
Market View: CapitaLand Ascott Trust’s EGM; Rex International and World Precision Machinery’s performance for the day; Israel and Gaza conflict, impact on oil and gold prices; S&P 500 earnings season, financial institutions’ earnings
In early trade, the Straits Times Index (STI) was down 0.4 per cent to 3,162.39 points after 128.5 million securities changed hands in the broader market.
In terms of companies to watch for today, we have CapitaLand Ascott Trust.
The trust will seek approval from stapled securityholders at an extraordinary general meeting for interested person transactions involving the S$530.8 million acquisition of three lodging assets in London, Dublin and Jakarta.
Elsewhere from the Israel Gaza conflict and its impact on oil prices and the safe haven gold, to expectations of the latest US earnings season, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
10/9/2023 • 9 minutes, 52 seconds
Culture Club: From law to lights: Challenging social expectations to pursue one’s passion
Are Singaporeans expecting an economic downturn in the next year or so? According to UOB’s ASEAN Consumer Sentiment Study (ACSS) 2023, over 70 percent of UOB’s Asean consumer sentiment study are expecting to experience an economic downturn in the next 12 months. The study also found that rising inflation is a key concern in Asean with 63 percent of the respondents expressing worry about it.
Jasmine Yeo, Head of Insights & Transformation, UOB shares with us more details on the findings from the study. See omnystudio.com/listener for privacy information.
10/9/2023 • 9 minutes, 55 seconds
Washington Report: Why is Joe Biden Building a New Border Wall Using Trump-era Fund?
US President Joe Biden's administration says it will add sections to a border wall to stave off record migrant crossings from Mexico, carrying forward a signature policy of former President Donald Trump.
What will Biden achieve with the new border wall? How will this impact Biden's 2024 reelection campaign?
Pushan Dutt, Professor of Economics, INSEAD explains.
See omnystudio.com/listener for privacy information.
10/9/2023 • 9 minutes, 19 seconds
Under the Radar: From assembling radio to making TVs and producing display solutions and immersive experiences - Barco’s EVP on its broad ranging business
Today we’re going to talk about a company that makes projectors, virtual meeting tools, as well as the equipment for doctors to be able to view X-ray films.
The name of this company is Flemish technology company Barco which was founded all the way back in 1934.
Speaking of Barco, did you know that the firm started out as a business that assembles radios from parts imported from the US? In fact, that is also why the company is named the Belgium American Radio Corporation, or "Barco."
No surprises as to why the company started out in the radio market, which was expanding rapidly in the 1930s. But as technology evolves, so did the business.
It went into TV manufacturing in the 1940s and 50s, and is now working on solutions relating to projection and immersive experiences for sectors such as healthcare, enterprise and entertainment.
But which is the most important business vertical for Barco right now, and how will a rise in demand for immersive experiences shape how the company positions itself in future?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Gan Ta Loong, Global Executive Vice President, Immersive Experience, Barco.See omnystudio.com/listener for privacy information.
10/9/2023 • 17 minutes, 20 seconds
Sports Minutes: Do you play FC24, previously known as FIFA?
Arguably one of the most-played console game of all time for football lovers the world over, FIFA is now known as EAFC24 - after ending a long-standing partnership with the game's governing body, and venturing into a brave new world under new name and new guise. But has the change on the cover had a knock-on effect on the gameplay? Jake Su, games editor with Geek Culture, shares his observations.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/6/2023 • 13 minutes, 11 seconds
Culture Club: Golden rules for food and wine pairing
Wine pairing is a delicate process of combining food dishes with the perfect wine to help elevate the dining experience. For all foodies and even casual wine drinkers, pairing a nice glass of wine with a delicious plate of food can be the combination that sends your taste buds into orbit. But how do you do it right?
Panneerselvam Soundararajan, Sommelier & Restaurant Manager, Griglia Open Fire Italian Kitchen shares us some advice on pairing food and wine. See omnystudio.com/listener for privacy information.
10/6/2023 • 15 minutes, 17 seconds
Market View: NoonTalk Media on share purchase mandate; SGX board changes; Tourists flock to HK, Macau during Golden Week holiday; MUFG’s market chief flags worries on Japan’s lax fiscal discipline; Elon Musk’s X to test tiered subscription
Singapore stocks opened slightly higher today amid subdued trading after Wall Street stocks retreated overnight.
In early trade, the Straits Times Index rose 0.1 per cent to 3,159.03 points after 40.5 million securities changed hands in the broader market.
In terms of companies to watch today, we have Catalist-listed NoonTalk Media. This comes as the company seeks shareholder approval at its upcoming extraordinary general meeting on Oct 23 to adopt a share purchase mandate.
Elsewhere, from social media platform X introducing three tiers to paid service to hundreds of thousands of visitors flocking to Macau and Hong Kong over the Golden Week Holiday, more international headlines are in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
10/6/2023 • 12 minutes, 8 seconds
Why It Matters: The dark side of emojis, how can emojis pose a security threat to consumers?
Did you know that July 17 is World Emoji Day? And as we reminisce over our favourites, from laugh-crying faces to adorable animal emojis invoking an abundance of love, we also need to pay attention to the dark side of emojis.
Beneath its cheerful appearance, emojis can conceal a more austere and lesser-known reality.
Nathan Wenzler, Chief Security Strategist, Tenable shares more. See omnystudio.com/listener for privacy information.
10/6/2023 • 10 minutes, 11 seconds
Sports Minutes: Contrasting fortunes for the two Uniteds, Newcastle & Manchester
Newcastle's meteoric rise under Eddie Howe continues - as the Magpies thumped PSG 4-1 to cap a memorable night in the Champions League. In stark contrast, ten Hag's troubles continues - as Manchester United lost their 6th match in 10 games this season, falling to a 3-2 defeat at the hands of Galatasaray. Tune in as we discuss and dissect both the clubs, and the road ahead.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/5/2023 • 16 minutes, 16 seconds
Euro Watch: What Does Speaker Kevin McCarthy’s Ousting Mean for US Aid to Ukraine?
The removal of House Speaker Kevin McCarthy in the US Congress has cast a dark cloud over Washington’s military and financial aid for Ukraine, as its counteroffensive against Russia grinds on with little change to the frontlines.
Dr Samir Puri, Visiting Lecturer in War Studies at King's College London and author of 'Russia's Road to War with Ukraine' explains what this means for Ukraine’s hopes for continued assistance from the West. See omnystudio.com/listener for privacy information.
10/5/2023 • 15 minutes, 4 seconds
Culture Club: Why API, data and technology are important for tourism businesses
In today's world, technology is evolving at a rapid pace, transforming every industry and the tourism sector is no exception. Technology is crucial to the tourism and travel industry, helping businesses with day-to-day operations while improving the customer experience.
For this reason, hotels, airlines, restaurants, and other companies must keep up with the latest technology trends within the travel industry. But is the industry fast enough in doing so?
Wong Ming Fai, Chief Technology Officer, Singapore Tourism Board shares his views. See omnystudio.com/listener for privacy information.
10/5/2023 • 13 minutes, 20 seconds
Why It Matters: Commemorating 20 Years of Supporting the Less-Fortunate in Singapore
Food from the Heart is celebrating its 20th anniversary this year, an incredible milestone for a homegrown, independent food charity.
Robin Lee, Chief Executive Officer, Food from the Heart shares how they have spent the last 20 years alleviating hunger by providing reliable, consistent and sustainable food support to the under-resourced through purposefully progressive programmes.See omnystudio.com/listener for privacy information.
10/5/2023 • 10 minutes, 46 seconds
Market View: Mermaid Maritime’s new projects; US ADP Payrolls vs JOLTs report; Anthropic reportedly in talks to raise US$2b; FT report on Belgium’s intelligence service vs Alibaba hub in Europe
Singapore shares were little changed at the open following a mixed performance on global equity markets.
In early trade, the Straits Times Index (STI) inched up 0.03 per cent to 3,148.46 points after 42.1 million securities changed hands in the broader market.
In terms of companies to watch, we have Mermaid Maritime, after the subsea services provider’s subsidiaries in Thailand, the Middle East, western sub-Sahara and the United Kingdom were awarded multiple projects valued at US$485 million in total.
Elsewhere from the latest US ADP private payrolls report to Anthropic reportedly raising US$2 billion amid the AI boom, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.See omnystudio.com/listener for privacy information.
10/5/2023 • 12 minutes, 10 seconds
Under the Radar: Dyna-Mac’s CEO and Executive Chairman on its quest to help energy firms extract oil in remote areas and deeper waters
Helping energy firms extract oil in remote areas and in deeper waters in a more pocket friendly manner. That’s exactly what our guest for today does.
Founded in 1990, SGX mainboard-listed Dyna-Mac is a global multi-disciplinary contractor who undertakes the detailed engineering, procurement, and construction of modules and facilities in vessels widely used in the oil and gas industry.
One of them is the FPSO (floating production storage and offloading vessel). This is a ship that could be used to store treated crude oil produced in remote areas and offload them to tankers that transport them to refineries.
Such vessels eliminate the need to transport crude oil through fixed pipes, thereby making it economically viable for energy companies to extract oil in less accessible areas and deeper waters.
Meanwhile, Dyna-Mac recently secured several contracts worth a total provisional sum of S$88 million from repeat customers, bringing its net order book to S$630.7 million. But how does the firm assess its financial performance?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Lim Ah Cheng, Executive Chairman and CEO, Dyna-Mac. See omnystudio.com/listener for privacy information.
10/5/2023 • 26 minutes, 5 seconds
Sports Minutes: PGMOL come clean, but are we any closer to VAR clarity?
Has PGMOL releasing the audio from the officials of Luis Diaz's controversial disallowed goal clarified the debate that has waged on since the weekend? Evidently not, judging by the noise on social media. We speak to FIFA-certified referee Taqi Jahari - who has been on VAR duty at FIFA men's & women's World Cups - for his expert opinion on this matter. We also hear from fans on their take, and the road ahead.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/4/2023 • 13 minutes, 55 seconds
Culture Club: What Watch Collectors Can Expect From The Singapore Watch Fair 2023
Embrace the timeless allure of horology at the Singapore Watch Fair Essence of Time and expect to be captivated and inspired by the finest in watchmaking.The Singapore Watch Fair is back to continue its mission to advance the culture of watch collecting in Singapore, presenting the best of watchmaking from around the world in at one spot.
Nelson Lee, Co-Founder of Singapore Watch Fair and Ali Nael, Co-Founder of Singapore Watch Fair share more. See omnystudio.com/listener for privacy information.
10/4/2023 • 14 minutes, 45 seconds
Regional Round Up: Siam Paragon Shooting, is it time for the Thai government to look into its gun laws?
From the latest on Bangkok’s Siam Paragon shooting incident and Malaysia government’s potential cabinet reshuffling.
Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
10/4/2023 • 14 minutes, 7 seconds
Market View: Robust US Jolts report; SIAS raises questions on Advance’s capital reduction exercise; Softbank’s CEO Son on Artificial General Intelligence; Arm’s on the AI boom; CM, Toyota Motor’s gains in US car sales; Expectations of Asian, US equity performance for Q4
Singapore shares opened weaker today, following overnight losses in global markets as surging Treasury yields weighed on investor sentiments.
In early trade, the Straits Times Index headed down 1.1 per cent to 3,157.6 points, after 145.1 million securities changed hands in the broader market.
In terms of companies to watch for today, we have engineering company Advanced, after the Securities Investors Association (Singapore) yesterday raised questions over why the firm’s capital reduction exercise appears to have failed.
Elsewhere, from more on GM and Toyota’s latest sales figures to Softbank CEO Masayoshi’s comments on, not Artificial Intelligence but Artificial General Intelligence, more corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.See omnystudio.com/listener for privacy information.
10/4/2023 • 9 minutes, 57 seconds
Why It Matters: The Evolution of Italian Furniture & Design with Saporiti Italia
Whether it's the fashion industry or luxury furniture, the ‘Made-in-Italy’ tag has become synonymous with high-quality products of the most refined taste.
Raffaele Saporiti, Chairman and Chief Executive Officer, Saporiti Italia shares more about the significance of Italian design, and how Saporiti Italia is evolving with its regional influences and enduring appeal.See omnystudio.com/listener for privacy information.
10/4/2023 • 10 minutes, 16 seconds
Under the Radar: Making colours and sounds pop in movies - Dolby Laboratories on working with cinema operators and filmmakers in APAC and the firm’s assessment of its fundamentals
If you have not been to the movies of late, this conversation is probably a hint for you to do so.
But if you’ve been to the cinemas of late, chances are you might have watched the Barbie Movie, Oppenheimer or the latest instalment of the Mission:Impossible franchise, the Dead Reckoning Part 1.
Speaking of which, beyond the cast and directors, have you ever wondered what made the movies come to life?
What about the visual system that makes the iconic pink colour pop in the Barbie Movie. Or the immersive sound system that makes you feel the blast in Oppenheimer or that car chase in Mission Impossible?
Our guest for today is Dolby Laboratories. The firm works with artists, storytellers and businesses to revolutionise entertainment and communications with its visual and audio systems such as the Dolby Atmos, Dolby Vision and Dolby Cinema.
But how does this work exactly, and are these players considered at Dolby Laboratories, customers or partners? Also, what are some of the products in its pipeline for this year and the next?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Ashim Mathur, Vice President, APAC, Dolby Laboratories.See omnystudio.com/listener for privacy information.
10/4/2023 • 17 minutes, 41 seconds
Culture Club: Why Vintage Designer Handbags Are Making A Comeback
Out with the new and in with the old because vintage luxury is making a serious comeback.
Amid steady growth in the pre-loved fashion market since the Covid-19 pandemic, there has been a rising sub-interest in vintage luxury goods, particularly handbags.
Elaine Fung, founder of pre-loved luxury boutique Loveholic tells us more about this newfound appeal for vintage items and shares an expert's guide to authenticating second-hand designer bags.
See omnystudio.com/listener for privacy information.
10/3/2023 • 15 minutes, 48 seconds
The Good Life, Food Hunting with Shawnrick Hu at Nice Rice
Fancy having some French cuisine at a fraction of its usual cost? Nice Rice is a stall that sells French-Japanese rice bowls located at a coffee shop on Telok Ayer Street. Shawnrick Hu gives us his review on the food stall and what to order there. See omnystudio.com/listener for privacy information.
10/3/2023 • 6 minutes, 24 seconds
Culture Club EXTRA: Keeping up with time in the music industry
In this special edition of The Evening Runway, guest co-host Jon Chua, Founder & CEO, Zendyll Music shares his experience transitioning from his Sam Willows days to the challenges he faces being in the music industry. See omnystudio.com/listener for privacy information.
10/3/2023 • 11 minutes, 29 seconds
Sports Minutes: Shanti Pereira, Singapore's sprint queen inspires a nation
Shanti Pereira ended Singapore's 49-year wait for an Asian Games gold medal in athletics by winning the women's 200m final at the 19th Asian Games Hangzhou - capping a stellar year on track that's seen her win medal after medal, smash record after record. What can we learn from Shanti's heroics, and where to from here for Singapore's sprint queen?
We speak to Rohit Brijnath, assistant sports editor with The Straits Times, who was in Hangzhou to witness Shanti's historic feat.
READ MORE: https://www.straitstimes.com/sport/a-golden-lesson-from-pereira-winning-is-within-our-reach
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/3/2023 • 16 minutes, 20 seconds
Why It Matters: Findings from Singapore’s first Resilience Study, so are we resilient?
Resilience is often described as the ability to bounce back from adversity and adapt to the changing needs of a stressful situation, by utilising the environmental or social resources that are available to them.
Recently Income Insurance and Centre for Research on Successful Ageing (ROSA) at the Singapore Management University (SMU) has done a study to find out the resilience level of Singaporeans.
Shannen Fong, Vice-President & Head, Strategic Communications & Sustainability, Income Insurance dives into the findings from the study. See omnystudio.com/listener for privacy information.
10/3/2023 • 12 minutes, 52 seconds
Market View: Meta mulls charging European users ad-free Facebook, Instagram subscriptions; Biden administration warns Beijing of plans to update export curbs; TSMC lost more value than any other in Asia; Equity vs Bonds – which should you go for?
Singapore shares opened the day weaker after global markets closed mostly lower.
In early trade, the Straits Times Index headed down 0.5 per cent to 3,191.96 points, after 54.9 securities changed hands in the broader market.
More corporate and international news continue to dominate the headlines today.
They range from Meta Platforms considering paid ad-free subscription for users in Europe to the Biden administration warning Beijing of its plans to update export curbs as early as this month.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Jeffrey Yap, Head of Investments and Wealth Solutions, SEA, HSBC Global Private Banking and Wealth.See omnystudio.com/listener for privacy information.
10/3/2023 • 8 minutes, 53 seconds
Under the Radar: What went “Under the Radar” in Google’s 25 years of operations; Investments into AI startups, Anthropic
If you don’t know something, just Google it!
While Google started out as the name of a search engine company, the word has become almost synonymous with the act of looking something up online.
Beyond that, the tech firm has made itself into all parts of our lives. Some of us use Gmail for emails, Google docs for crafting documents, and Google Drive for cloud storage.
Not to mention the Android operating system that some of our phones use, and the YouTube app that we stream our videos from.
In fact, Google has 15 products that each serve over half a billion people and businesses, and six that serve more than 2 billion users too.
But it wasn't that long ago when such conveniences were not available. In fact Google was founded just 25 years ago, and is way younger than a number of industrial firms that we spoke with on the show.
So what was Google’s journey like throughout the past quarter century? What went ‘Under the Radar’ over the past 25 years?
And how does Google intend to take itself forward in the next 25 years, with the advent of Generative AI? How does it assess its peers’ investments into AI startups?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Ben King, Managing Director, Google Singapore.See omnystudio.com/listener for privacy information.
10/3/2023 • 25 minutes, 56 seconds
China Perspective: Will Xi Jinping attend the APAC summit?
From the huge question of Chinese President Xi Jinping's attendance at the upcoming APEC summit to the Belt & Road Initiative (BRI) marking its 10th anniversary.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
10/3/2023 • 10 minutes, 24 seconds
Sports Minutes: PGMOL's credibility erodes after yet another VAR debacle
Liverpool fell victim to a "significant human error" as the PGMOL admitted that VAR officials had failed to act after Luis Diaz's 34th-minute strike at Tottenham was wrongly ruled out for offside. With the catalogue of errors by officials piling up, how can the refereeing body restore credibility? And speaking of apologies, Guardiola might owe one to "that Korean guy" as Hwang Hee-chan scored the winner in Wolves' unlikely win over Manchester City!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
10/2/2023 • 15 minutes, 9 seconds
The Good Life with Virgin Active SG's Mitch Price
What are the most common fitness goals Singaporeans have? Mitch Price, National Group Exercise Manager, Virgin Active SG shares more with us on this and how Virgin Active SG is helping its members achieve these goals.
See omnystudio.com/listener for privacy information.
10/2/2023 • 6 minutes, 25 seconds
Culture Club: The Role of ONE°15 Marina & the Yachting Community in Marine Conservation
Blue Water EduFest, organised by ONE°15 Marina, is making its return from November 2nd to 4th, 2023. This event is not just another gathering; it's a passionate call to action for marine and coastal conservation throughout the region.
Arthur Tay, CEO and Executive Director of SUTL Enterprise, and the visionary behind Blue Water EduFest, shares more about his passion for ocean conservation.
He also tells us why he believes the yachting community and beyond has a role to play to help foster this future. See omnystudio.com/listener for privacy information.
10/2/2023 • 9 minutes, 37 seconds
Market View: STI’s first session in Q4; Seatrium’s unit refinances existing loan with new US$500m facility from Standard Chartered Bank Singapore; Singtel sells equity interest in cybersecurity arm Trustwave; Google to make Chromebook in India; Jerome Powell to speak tonight
Singapore shares opened on a positive note today after global equities ended the week mixed.
In early trade, the Straits Times Index (STI) was up 0.3 per cent to 3,226.54 points after 50.4 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Seatrium, after its unit Estaleiro Jurong Aracruz refinanced an existing facility due December 2023.
Meanwhile, from more on Sembcorp Industries and Singtel to Google making laptops in India, more corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
10/2/2023 • 11 minutes, 43 seconds
Why It Matters: Is going viral a waste of time? Uncovering Sterra’s performative marketing strategies
You have definitely heard this completely unhelpful, nightmare brief if you have ever worked in socials or marketing. It is the one where brands are obsessively fixated on being the talk of the town and chasing that fleeting "it" moment.
But amidst droves of brands capitalising on droves of trends, are viral trends really your best chance at staying afloat in a saturated market? Or are they actually drowning you in the sea of other brands also on the same bandwagon?
Strife Lim, Co-Founder, Sterra shares more with us on how his company has done this well. See omnystudio.com/listener for privacy information.
10/2/2023 • 10 minutes, 5 seconds
Under the Radar: Elevators and Escalators – KONE Singapore’s MD on construction activity and impact on elevator, escalator demand; Diversifying into integrating robots in buildings
Taking an elevator or escalator has probably become an integral part of our lives, but the companies behind them often go unnoticed. And that’s exactly what we’re going to talk about today.
Founded in 1910, KONE is a global leader in the elevator and escalator industry. It provides elevators, escalators and automatic building doors as well as solutions which can add value to the life cycle of any building.
The firm has been present in Singapore since 1978 and is now one of the fastest growing elevator and escalator companies in the country, with its solutions present in major malls and infrastructure such as the Marina Bay Sands, the Circle Line and Jem.
It is also diversifying beyond escalators and elevators to integrate robots in buildings. For one thing, the firm collaborated with Changi General Hospital and CapitaLand Investment to advance the integration of robotics in buildings.
Question is – why is Kone diversifying beyond its traditional lines of business amid the Fourth Industrial Revolution?
In the meantime, the firm had in July reported lower than expected second-quarter order numbers due to weather demand in its key Chinese market as low construction activity continues to weigh on demand for new elevators and escalators. But what is the situation like in Singapore?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Sylvia Koh-Gratton, Managing Director, KONE Singapore.See omnystudio.com/listener for privacy information.
10/2/2023 • 19 minutes, 16 seconds
Culture Club: Not All Water is the Same - A Water Sommelier's Guide To Better H2O
You may have heard of wine sommeliers, but have you ever met a water sommelier?Caryn Tang is Singapore’s first female water sommelier, and she aims to reveal the hidden intricacies of water in Southeast Asia’s first ever ‘Essence of Water’ course.
Now, if you think all water is the same, think again. Caryn shares how to identify the flavour profile of water and ways this humble beverage can complement your gastronomical experiences.
See omnystudio.com/listener for privacy information.
9/29/2023 • 13 minutes, 50 seconds
Weekly Wrap Up: Is Singapore’s rental market on the brink of a possible rental price cooling?
August 2023 has seen the rental markets for both condos and HDBs in Singapore go through a significant shift.
We analyze these statistics and look ahead for potential future movements for the rest of the year with Nicholas Mak, Chief Research Officer, Mogul.sg.See omnystudio.com/listener for privacy information.
9/29/2023 • 8 minutes, 14 seconds
Why It Matters: Building Towards City 5.0 – The Citizen Centric Mandate
Singapore has been ranked the smartest city in Asia, and the seventh-smartest in the world, according to the 2023 Smart City Index.
But, how did Singapore become a Smart Nation? How does data play a critical role in pushing the boundaries of a smart city?
Manisha Khannna, Head of AI & Analytics, Asia Pacific, SAS explains. See omnystudio.com/listener for privacy information.
9/29/2023 • 12 minutes, 56 seconds
Sports Minutes: Tampines Rovers go Thai, strike 3-year deal with BG Pathum
Singapore's Tampines Rovers and Thailand's BG Pathum have entered into a three-year collaboration with the Singaporean club set to be renamed BG Tampines Rovers from 2024. After three years, the Thai club will take over the Stags' operations, potentially paving the way for more privatised teams in the SPL. Is this good news for the local game? And what does it mean for the competitiveness of the local league? We are in conversation with Tampines Rovers chairman Desmond Ong to find out.
READ MORE: https://www.straitstimes.com/sport/football/tampines-rovers-to-add-bg-to-their-name-after-signing-3-year-deal-with-thai-club-bg-pathum
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
9/28/2023 • 15 minutes, 27 seconds
Culture Club: Are travellers still willing to splurge on luxury travel accessories?
Whether you are going away for the weekend or heading on a month-long European trip, the luggage you take with you can make or break a trip.
The best luxury luggage brands are more than a status symbol, like many of the best designer bags, high-end luggage is a savvy investment that enhances your travel experience. But are travellers today looking beyond just a utilitarian object when they select a luggage?
Satish Peeerubandi, Vice President, Samsonite Southeast AsiaSee omnystudio.com/listener for privacy information.
9/28/2023 • 13 minutes, 44 seconds
Culture Club EXTRA: Speaking with confidence, leaving an impact
In this special edition of The Evening Runway, guest co-host Youyi Lin, Presentation Coach shares tips on speaking with confidence, leaving an impact and common problems many face with public speaking. See omnystudio.com/listener for privacy information.
9/28/2023 • 8 minutes, 50 seconds
Market View: China Evergrande suspends trading in HK, Chinese bank earnings may fall 10% on bad loans; HSBC reportedly set to acquire Citigroup China’s consumer wealth management business; Google Pixel vs iPhone in Japan; Google, Apple and Meta’s foray into VR, AR devices
Singapore stocks inched up at the open today, after a mixed close in US and Europe markets overnight.
In early trade, the Straits Times Index (STI) rose 0.1 per cent to 3,201.63 points after 54.1 million changed hands in the broader market.
Elsewhere, Chinese Evergrande has suspended trading in Hong Kong. Adding to ongoing woes about the property sector, JP Morgan analysts estimate that Chinese bank earnings may fall as much as 10 per cent next year if their bad debt ratios continue to rise on defaulting developers.
In terms of corporate news, Alphabet’s Google Pixel is eroding the iPhone dominance in Japan as the iPhone gets pricer – but will this be the case elsewhere looking at consumers’ response to the iPhone15?
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
9/28/2023 • 9 minutes, 31 seconds
Euro Watch: How Productive is the China-EU Economic & Trade Dialogue?
Earlier this week, EU and Chinese officials gathered for the 10th China-European Union High-Level Economic and Trade Dialogue in Beijing.
How successful was the dialogue? And with major differences that remain with the EU taking a series of policy measures in recent months under its so-called 'de-risking' campaign, what's next?
Dr Cai Daolu, Senior Lecturer and the Academic Director of the Master of Science in Strategy and Innovation at the NUS Business School’s Department of Strategy and Policy breaks it down for us. See omnystudio.com/listener for privacy information.
9/28/2023 • 7 minutes, 44 seconds
Why It Matters: Spotlighting Post-Retirement Careers for Directors & C-Suites
Are you a highly-seasoned professional, yearning for a post-retirement career by bringing decades of expertise to board advisory roles?
The challenge? Board positions are often accessible only through personal connections; making it clear that it's not about what you know, but who you know.
Board Match-Up, is a digital platform that is aiming to reshape boardroom dynamics and ditching the old meritocracy gatekeeping.
Karunesh Prasad, CEO and Founder of Board Match-Up tells us more. See omnystudio.com/listener for privacy information.
9/28/2023 • 10 minutes, 41 seconds
Under the Radar: Saison Capital on investing in Pre-Seed to Series B companies, working with Stripe, and if VCs are running out of dry powder amid falling VC funding?
The VC investment landscape is back with focus as we speak to the venture arm of one of Japan’s largest consumer credit companies, Credit Saison.
Called Saison Capital, the corporate venture arm invests in Pre-Seed to Series B companies with a focus on Southeast Asia and India.
While the firm is sector agnostic, it likes to work with founders that are building platforms or ecosystems that have the potential to distribute financial services to the underbanked.
Question is, what expertise does Saison Capital want to provide to startups and how does that influence the companies it invests in?
Meanwhile, data from Pitch Book showed venture capital funding globally almost halved in the first six months of 2023, despite the earlier artificial intelligence frenzy. Are VCs running out of dry powder or are they just merely not investing?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Qin En Looi, Partner, Saison Capital.See omnystudio.com/listener for privacy information.
9/28/2023 • 20 minutes, 33 seconds
Sports Minutes: Angela Lee opens up on attempting suicide, and her struggle with mental health
We all know her name, Angela Lee. We all know her craft, mixed martial arts. But beyond the guts, glory, fame and fortune lies a battle with overcoming the inner demons - fuelled by the pressure of having to live in the public eye. In this tell-all interview Angela opens up on her suicide attempt in 2017, her younger sister Victoria taking her own life and setting up Fightstory - a non-profit organisation founded by Angela, dedicated to speaking one’s truth, inspiring hope, and building a community for those struggling with mental health.
FIND OUT MORE: https://fightstory.org/
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
9/27/2023 • 16 minutes, 26 seconds
Culture Club: Sky’s the Limit. You Too Can Be a Recreational Pilot in Singapore!
Did you know that it's possible to get a Private Pilot's License to fly on your own in Singapore?
If you are an aviation enthusiast who is passionate about taking to the skies but does not wish to pursue it as a career, flying as a hobby is an option.
Faris Iskandar Samat, Co Founder, Aeroviation explains how his aviation academy is making controlling an aircraft accessible to individuals from all walks of life.
See omnystudio.com/listener for privacy information.
9/27/2023 • 14 minutes, 33 seconds
Why It Matters: A new era in the paper and packaging industry
We are living in the era of polycrisis. As a result, people are becoming increasingly conscious of sustainability and demanding it in all aspects, including product packaging.
According to The Global Paper & Packaging Report by Bain & Company, 2022 saw increasing demands, prices, and profits for the paper & packaging sector with production costs continuing to rise while demand started slipping in 2023. So does this mean that the paper and packaging business is facing a crisis?
Ilkka Leppavuori, Partner and Head of Global Forest Products, Paper & Packaging practice, Bain & Company shares his views. See omnystudio.com/listener for privacy information.
9/27/2023 • 9 minutes, 31 seconds
Regional Roundup: Anwar delivers first address before UN General Assembly, did he do better than his predecessors?
From Prime Minister Anwar Ibrahim delivering his first address before the UN General Assembly last week and to what it takes to be the among the richest in Malaysia.
Hafidzi Razali, Senior Analyst, BowerGroupAsia gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
9/27/2023 • 8 minutes
Market View: Boustead Singapore directed to delist; China’s central bank to step up adjustments to monetary policy; Evergrande’s billionaire chairman placed under police control; S&P 500 corrected ~5.86% since YTD peak; US reportedly extending a waiver to chipmaker SK Hynix, Samsung Electronics
Singapore stocks opened weaker today following overnight losses in global markets.
In early trade, the Straits Times Index headed down 0.6 per cent to 3,196.82 points after 72.4 million securities changed hands in the broader market
In terms of companies to watch today, we have Boustead Singapore. Its real estate unit Boustead Projects was directed by the Singapore Exchange Regulation to delist with an exit offer that is “fair and reasonable”.
Elsewhere, from more on China’s central bank’s comments to implement monetary policy in a “precise and forceful” manner to support its economy, to Evergrande’s billion chairman under police control, and movements to the US S&P 500 index, more international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian sat down with Jeremy Tan, Chief Executive Officer (CEO) of Tiger Fund Management for more. See omnystudio.com/listener for privacy information.
9/27/2023 • 10 minutes, 10 seconds
Culture Club: What Luxury Watch to Invest In That's Not A Rolex? Here Are Watch Brands That Hold Their Value.
The last three years have seen a massive upswing in luxury watch sales with the global market expected to be worth $32 billion by 2027.And new consumer segments, including young people, women and consumers outside of the US and Europe — the two largest watch markets for most of the 20th century — are leading the charge.
So, when is a good time to start investing in a high-end timepiece? And what brands are worth investing in?
We find out from Jarod Ng, Co-Founder, Watch Capital.See omnystudio.com/listener for privacy information.
9/26/2023 • 14 minutes, 24 seconds
The Good Life: Food Hunting with Shawnrick Hu at Wild Olives
Looking for a good deal when it comes to satisfying your western food cravings? Wild Olives is a western food stall located in Pasir Ris Central Hawker Center. Shawnrick Hu gives us his review on the food stall and what to order there. See omnystudio.com/listener for privacy information.
9/26/2023 • 6 minutes, 8 seconds
Why It Matters: Does AI hurt the function of legal advice? Becoming a lawyer of the future
Companies and law firms have spent decades trying to get computers to do legal work with decreasing levels of human intervention, investing huge amounts of time and money in a problem nobody was sure could ever really be solved.
With AI coming into the picture in recent times, will it hurt the function of legal advice? What will the worth of the lawyer of the future be like moving forward?
John Quinn, Founding Partner, Quinn Emanuel Urquhart & Sullivan LLP shares his views. See omnystudio.com/listener for privacy information.
9/26/2023 • 15 minutes, 13 seconds
China Perspective: Beijing attempts to strengthen ties with South Korea, Syria
From Beijing's attempts to strengthen ties with other countries like South Korea and Syria to senior Nomura official Charles Wang Zhonghe barred from leaving mainland China.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
9/26/2023 • 9 minutes, 35 seconds
Market View: Nio denies reportable capital raising activity; EU’s probe into Beijing EV subsidies; Indonesia’s rules targeting TikTok Shopping, impact on Sea, GoTo Group; 18 news ETFs to launch in the US; JPMorgan’s Jamie Dimon on US rates hitting 7%
Singapore stocks were little changed today, amid a mixed performance in global markets.
In early trade, the Straits Times Index (STI) dropped 0.01 per cent to 3,215.09 points after 25.7 million securities changed hands in the broader market.
In terms of companies to watch, we do have Nio, after the Chinese electric vehicle maker said yesterday that it had “no reportable capital raising activity”.
This was in response to media reports that the company is considering raising around US$3 billion in capital from investors.
Elsewhere from TikTok shopping facing headwinds in Indonesia to JPMorgan Chase’s CEO comments of a worse-case scenario of rates hitting 7 per cent in the US, more corporate and international headlines remain in focus.
On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.See omnystudio.com/listener for privacy information.
9/26/2023 • 8 minutes, 56 seconds
Under the Radar: Urban-Air Port’s CEO on how its “carpark” for flying cars will shake up the eVTOL industry
We’ve talked about electric vertical take-off and landing (eVTOL) aircrafts on the show. They come in the form of flying cars, air taxis or even delivery drones.
But just like how cars need to be parked at car parks or garages, and how aeroplanes need to stay at airports, flying cars and delivery drones also need to be parked somewhere once they reach their destinations.
Our guest for today designed the equivalent of car parks for such aircrafts.
Founded in 2019, Urban-Air Port designs, develops, manufactures, sells and operates ground, air and digital infrastructure.
More notably, the firm had in April last year opened what it calls the world’s first fully operational urban air-port and charging hub for eVTOL vehicles in Coventry in the UK to spearhead a new age of zero-emission, low-congestion urban transport.
With Mordor Intelligence estimating the urban air mobility market to grow to US$36.75 billion by 2035, how lucrative is it for players to build hubs that specifically caters to this category of aerial vehicles?
And how will the competitive landscape change in the near term?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Andrea Wu, CEO, Urban-Air Port.See omnystudio.com/listener for privacy information.
9/26/2023 • 33 minutes, 31 seconds
Sports Minutes: After another round of the Premier League, we wonder if 'football identities' are overrated?
While Postecoglu has made a splash to life at Spurs, Pochettino's time at the Chelsea has got off to a difficult start. Tottenham have seemingly adopted Ange-ball in a matter of weeks, while the Blues continue to struggle to justify their billion-dollar wage bill. With patience running thin amongst the Stamford Bridge faithful, we wonder if identities actually matter in football?
James Walton, sports business group leader for Deloitte South-east Asia and ardent Tottenham fan weighs in!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
9/25/2023 • 15 minutes, 25 seconds
Market View: Sheng Siong’s expansion in China; Frasers Centrepoint Trust’s divestment; Singapore’s headline inflation; China’s property stocks down the most in 9 months; Amazon to invest up to US$4 billion in cash in AI startup Anthropic
Singapore shares fell today, after Wall Street and Europe closed lower the week before amid concerns over prolonged elevated global interest rates.
In early trade, the Straits Times Index (STI) dropped 0.2 per cent to 3,199.12 points after 35.4 million securities changed hands in the broader market..
In terms of companies to watch for today, we have Frasers Centrepoint Trust after its trustee has agreed to divest 143.9 million units in Malaysia’s Hektar Real Estate Investment Trust (Hektar Reit).
Meanwhile from more on Sheng Siong to Singapore’s headline inflation numbers and to China’s property stocks slumping ahead of the Golden week holiday, more local and regional headlines remain in focus.
On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
9/25/2023 • 9 minutes, 54 seconds
EDT_Dr Melody Eotvos, University of Melbourne (25 SEP)
Typically when people think of classical music, they envision composers like Mozart, Schumann, and Mendelssohn. But far too often, their female counterparts are overlooked.
Our next guest is an Australian composer of classical music. And from the age of five, she studied piano and music theory under her parent’s tutelage and at eight began learning the cello which coincided with her first experimentations in composition.
Dr Melody Eötvös, Senior Lecturer in Composition, Melbourne Conservatorium of Music, University of Melbourne share with us, her personal journey in the tough global industry of classical music.
See omnystudio.com/listener for privacy information.
9/25/2023 • 12 minutes, 7 seconds
Why It Matters: Optimising sales and marketing efforts to target the right customer, how to do this with CRM
Customer segmentation and targeting are essential for any business that wants to optimise its marketing and sales strategies. By dividing your customers into groups based on their characteristics, needs, preferences, and behaviours, you can tailor your messages, offers, and channels to suit each segment.
But how can a company uses CRM to segment and target your customers effectively?
Terri Chan, Group VP of Growth, HealthMetrics shares her company's experiencing in implementing a CRM platform. See omnystudio.com/listener for privacy information.
9/25/2023 • 11 minutes, 20 seconds
Washington Report: Can Congress Avoid a US Government Shutdown on Oct 1st?
The prospect of a US government shutdown grows more likely with each passing day as lawmakers have yet to reach a deal to extend funding past a critical deadline at the end of the month.
Can a US government shut down be averted? And what could likely happen if the government shuts down?
Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College explains more. See omnystudio.com/listener for privacy information.
9/25/2023 • 12 minutes, 21 seconds
Under the Radar: DFI Retail Group shares how inflation has impacted household spending on groceries and its food business in Singapore
This company will certainly ring a bell for those who’ve been keeping an eye on the movers on the Singapore exchange.
Our guest for today is DFI Retail Group, or a leading pan-Asian retailer that owns the Cold Storage and Giant chains of supermarkets, Guardian pharmacies and 7-Eleven convenience stores here in Singapore.
At a group level, DFI Retail operates over 10,500 outlets in 13 countries and territories and has a workforce of over 216,000 people.
It returned to the black with a net profit of US$8 million for the first half of this year, after logging a net loss of US$58 million in the previous year.
But to what extent does this reflect improved household spending, particularly on food and groceries?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Yoep Man, Managing Director, Food, Singapore, DFI Retail Group, who is in charge of DFI Retail Group’s food and supermarket business.See omnystudio.com/listener for privacy information.
9/25/2023 • 17 minutes, 6 seconds
Sports Minutes: Why Albirex Niigata becoming a 'local club' is good news for Singapore
Singapore Premier League defending champions Albirex Niigata (S) have announced a shift in policy from being a club with mainly Japanese professionals to one with predominantly Singaporean players. So why have the club decided to go local, and why now - ahead of their 20th season in top flight Singapore football? We speak to Dominic Wong, Albirex Niigata Team Manager & Club Executive and Hilman Norhisam, 19-year old Singaporean Albirex player to find out!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
9/22/2023 • 12 minutes, 17 seconds
Culture Club: SKAI's Refreshed DNA with Executive Chef Seumas Smith
Sky-high restaurant SKAI refreshes its à la carte menu under the leadership of new executive chef Seumas Smith.With a firm appreciation for the art of Japanese cookery, this new menu is a celebration of the Japanese produce.
For more on what you can experience at the contemporary grill, situated on the 70th floor of the acclaimed Swissôtel The Stamford, we speak with Seumas Smith, Executive Chef, SKAI.See omnystudio.com/listener for privacy information.
9/22/2023 • 9 minutes, 24 seconds
Market View: Creative shares soared over 21% on tie-up with Skyworth; Delivery Hero in talks to sell foodpanda business, Grab tipped in media reports as potential buyer; MAS to raise maximum deposit insurance coverage per depositor to S$100k; Fed, BoE, BoJ interest rate decisions
Singapore stocks opened weaker today, following overnight losses on Wall Street and Europe.
In early trade, the Straits Times Index (STI) headed down 0.6 per cent to 3,182.7 points after about 51.9 million securities changed hands in the broader market.
In terms of companies to watch today, we have the mainboard-listed Creative Technology, after it announced a tie-up with Chinese electronics company Skyworth.
Elsewhere from Delivery Hero in talks to sell its foodpanda business in Singapore and six other Southeast Asian markets to a look at major central bank’s latest rate decisions, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
9/22/2023 • 11 minutes, 14 seconds
In the Spotlight: Achieving harmony between operationalisation and innovation of AI and data
2023 in particular has been the year of generative AI, and new developments have both impressed and alarmed people all around the world.
However, fear seems to be the winning sentiment in the current business landscape, even AI experts and industry executives are calling for an “AI-pause” in developing more powerful systems.
So how can a company like Aboitiz Data Innovation achieving harmony between operationalisation and innovation of AI and data?
David R. Hardoon, Chief Executive Officer, Aboitiz Data Innovation shares more. See omnystudio.com/listener for privacy information.
9/22/2023 • 12 minutes, 45 seconds
Under the Radar: Providing steel foundation for projects such as the landmark MBS Waterfront Apple store, Tunnels for RTS – Mlion Corporation on the impact of steel prices on top and bottom lines
Today we’re going to talk about a company that supplies steel pipes, tie rods, as well as crane rails for waterfront, underground and even rail projects.
Founded in 2011, Mlion Corporation is a foundation solutions company that focuses on port and waterfront developments, civil excavation and power generation related infrastructure in Asia.
It also adds value to the supply chain by providing downstream services such as warehousing, storage and logistics to access local markets.
Think of the landmark Apple Store at Marina Bay Sands Waterfront, the T235 Viaduct and Tunnels for the RTS Link to Johor Bahru, and the Thomson East Coast Line. These are all projects that Mlion had taken part in previously.
And with offices in Singapore, China, Indonesia, Malaysia, Philippines, Taiwan, Thailand and Timor Leste, which is the biggest market for Mlion financially?
Meanwhile, steel prices have plunged as more Chinese producer export the commodity. So what does this mean for Mlion in terms of the cost and selling price of its products?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Eric Leong, Chairman & CEO, Mlion Corporation to share more about the business with us. See omnystudio.com/listener for privacy information.
9/22/2023 • 22 minutes, 17 seconds
Sports Minutes: Making sense of Manchester United's malaise
Another day, another defeat. Manchester United's difficult start to the season continued, as they suffered a THIRD consecutive defeat - this time in the UEFA Champions League away to Bayern Munich. But beyond the losses and goals conceded, it's the worrying lack of identity that has dominated the headlines. We discuss and dissect the state of affairs in the company of Deepanraj Ganesan, sports reporter with The Straits Times.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
9/21/2023 • 16 minutes, 21 seconds
Culture Club EXTRA: Striving ahead in the corporate sector post MTV VJ days
In this special edition of The Evening Runway, guest co-hosts May and Choy Wan discuss their life post MTV days in the corporate sector plus juggling motherhood and a thriving career.
See omnystudio.com/listener for privacy information.
9/21/2023 • 9 minutes, 43 seconds
Culture Club: What’s trending for spring and winter travel?
And as we approach the last quarter of 2023, where are Singaporean travellers looking at going? How important is a good 'deal' for us?
Lavinia Rajaram, Travel Expert, Asia Public Relations Director, Expedia Group shares with us more on Expedia's Q4 travel forecast and Singaporean’s travel shopping preferences as we approach the year end period. See omnystudio.com/listener for privacy information.
9/21/2023 • 14 minutes, 41 seconds
Euro Watch: From Aid Double Standards to Climate Emergency at UN General Assembly
More than 150 world leaders are gathered in New York as the 78th Session of the UN General Assembly kicks off this week. The spotlight is on Ukraine yet again, but is there room for other global priorities at UN leaders’ gathering?
Meanwhile, British Prime Minister Rishi Sunak has been criticised for announcing plans to roll back on climate change commitments on the same day world leaders met at a UN climate summit.
We weigh in on these developments with Professor Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific.See omnystudio.com/listener for privacy information.
9/21/2023 • 10 minutes, 12 seconds
Why It Matters: The rise of women-led businesses in the cybersecurity and tech landscape
Over the past 20 years, female entrepreneurship has grown by 114 percent worldwide with plenty of famous female entrepreneurs emerging. Despite this progress, we have barely scratched the surface of equal opportunities for all genders in the business world.
And to empower more women entrepreneurs, Exabytes has recently launched the third edition of their Accelerate Women Entrepreneurship with Exabytes (AWEWE).
Michelle Yap, Assistant Vice President for Marketing, Exabytes shares more about the AWEWE and what to expect in next year's edition. See omnystudio.com/listener for privacy information.
9/21/2023 • 11 minutes, 20 seconds
Market View: SGX’s public consultation on proposed amendments to rules; Seven Atelier ordered to assist with investigations; US Fed leaves rates unchanged; Amazon scrapping planned merchant fee
Singapore shares dipped today, tracking overnight losses on Wall Street.
In early trade, the Straits Times Index (STI) fell 0.4 per cent to 3,228.96 points after 28.6 million securities changed hands in the broader market.
In terms of companies to watch, we have for you Singapore Exchange, after its regulatory arm has launched a public consultation on proposed amendments to its Futures Trading Rules and other rulebooks.
Elsewhere, from where US officials see interest rates moving for the rest of the year and into the next, to Amazon scrapping a planned merchant fee, more international and corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the major developments of the day.See omnystudio.com/listener for privacy information.
9/21/2023 • 5 minutes, 18 seconds
Under the Radar: All about laboratory equipment with NYSE-listed Waters Corporation – APAC VP David Curtin explains the role of its Singapore operations
Let us put on our lab coats and head over to the chemistry lab today! That’s probably what you may have heard years ago as a student.
Why am I bringing this up? Well, I’m bringing this up because our guest for today is New York Stock Exchange-listed Waters Corporation, or a global leader that makes analytical instruments and software used in scientific laboratories.
Founded in 1958, Water Corporation serves a wide range of customers including those from the pharmaceutical, food and environment sciences as well as design and development industries.
Its instruments and software ensure the safety of the medicines we take, the purity of the food and water we consume, and the quality and durability of products we use every day.
Waters Corporation has over 8,200 employees worldwide, and operations in over 35 countries. But what is its scale within Singapore, and how does it assess its growth in the coming years?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian found out more about Waters Corporation’s diverse business lines from David Curtin, Vice President Asia Pacific, Waters Corporation.See omnystudio.com/listener for privacy information.
9/21/2023 • 13 minutes, 3 seconds
The Good Life with Miss Earth 2022, Mina Sue Choi
We speak to Mina Sue Choi, Miss Earth 2022 about what mental health awareness means to her and how she motivate herself to stay focus in this particular scene.
See omnystudio.com/listener for privacy information.
9/20/2023 • 7 minutes, 58 seconds
Culture Club: Road to advocating inclusivity, individuality and women empowerment to the society
What is life like after winning an international beauty pageant?
Mina Sue Choi, Miss Earth 2022 shares her journey as Miss Earth international 2022 and the relevance of beauty pageants in the modern world.
See omnystudio.com/listener for privacy information.
9/20/2023 • 14 minutes, 57 seconds
Regional Roundup: Malaysia and China strengthen ties, will dynamics in the region change?
From Malaysia and China strengthening ties with three memorandum of understanding (MOUs) to the huge possibility of Paetongtarn Shinawatra to be Pheu Thai's new leader.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
9/20/2023 • 10 minutes, 32 seconds
Why It Matters: How Singaporeans Can Invest in Ultra-Luxury Houses in Thailand
Foreign interest in purchasing luxury residences in Thailand has surged since the return of international tourists in the second half of 2022, according to property consultancy CBRE.
Given Thailand’s attractive property prices and rising foreigner demand, what are best investment opportunities for Singaporean buyers?
We find out from Tanyatip Chearavanont, CEO, Eden Estate and Roongrote Chongsujipan, President of Mulberry Grove & Healthcare Business, Magnolia Quality Development Corporation.
See omnystudio.com/listener for privacy information.
9/20/2023 • 13 minutes, 13 seconds
Market View: Nio prices US$1b convertible note offering; Huawei Technologies unit reportedly shipping new Chinese-made chips; Arm Holdings marks third daily decline; Will officials intervene to support the yen - implications for Singapore?
Singapore shares were little changed at the day’s open, tracking a subdued performance in Europe and overnight losses on Wall Street.
That’s as investors nervously await the Federal Reserve’s next decision.
The Straits Times Index (STI) edged up 0.04 per cent to 3,242.09 points in early trade after 31 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Nio, after the electric vehicle maker announced today the pricing of its US$1 billion convertible note offering.
Elsewhere, from a Huawei Technologies unit reportedly shipping new Chinese-made chips for surveillance cameras, and to Arm share posting its third daily loss post IPO, more corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.See omnystudio.com/listener for privacy information.
9/20/2023 • 11 minutes, 7 seconds
The Good Life with F1 Academy Driver, Bianca Bustamante
We take a sneak peek into the fitness regime of a professional motorsports driver, what is the most challenging aspect fitness wise and what their diet look like with Bianca Bustamante, F1 Academy Driver, PREMA Racing, See omnystudio.com/listener for privacy information.
9/20/2023 • 5 minutes, 24 seconds
Under the Radar: Tapestry APAC’s President and Coach China’s CEO Yann Bozec on the integration of Michael Kors; making Tapestry an American fashion powerhouse against European rivals
It has been slightly more than six months since our interview with Tapestry, or the fashion group behind Coach, Kate Spade and Stuart Weitzman.
A lot has happened since then. Perhaps the most important development of all is Tapestry’s US$8.5 billion acquisition of its competitor Capri Holdings in August.
Capri, as we know, owns the brands Versace, Jimmy Choo and Michael Kors.
Tapestry says the acquisition brings together six highly complementary brands with global reach, powered by Tapestry’s data-rich customer engagement platform, and diversified, direct-to-consumer operating model.
Just to give you a sense of how big the combined company is – it generated global annual sales in excess of US$12 billion with a presence in over 75 countries and achieved nearly $2 billion in adjusted operating profit in the prior fiscal year.
But what are the financial reasons behind acquiring Capri? What will the mega fashion merger look like operationally?
And how will the creation of a US fashion powerhouse position Tapestry against larger European rivals such as LVMH?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Yann Bozec, President, Tapestry Asia Pacific; Chief Executive Officer & President, Coach China for more.See omnystudio.com/listener for privacy information.
9/20/2023 • 20 minutes, 31 seconds
Sports Minutes: Giving back to the community through SGX Cares
SGX Cares Bull Charge is the only corporate charity initiative that brings together the financial community and SGX-listed companies to support the needs of underprivileged children and families, persons with disabilities, as well as the elderly. Through fundraising events like Charity Golf, Charity Futsal and Charity Run, SGX Cares has raised over S$48 million for over 50 charities since 2004.
We speak to Pol de Win, Chairperson of our SGX Cares Bull Charge to find out more!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
UltraLuxe supported by the Singapore Tourism Board goes beyond the iconic TENT@Ngee Ann City Civic Plaza for the first time to debut the Singapore Watch Fair at the Resorts World Sentosa.The highly anticipated festival will be the ultimate venue for connoisseurs and collectors of exceptional design seeking the best in craft and investible style.
We speak to Angela Loh, Founder and Festival Director of UltraLuxe to find out more about the world's only festival that converges international and Singaporean independent designers and artisans into a collective brand of niche luxury.
See omnystudio.com/listener for privacy information.
9/19/2023 • 13 minutes, 50 seconds
Market View: SingPost’s hikes standard mail rates by 65%; NIO to issue US$500m convertible senior notes; Sunac and Country Garden struck debt deals with creditors; US Fed’s rate expectations for Sep and Nov; Gold price movements before Fed decision
Singapore shares started the day nearly flat, tracking a more subdued performance across the US and Europe as investors anticipate the Federal Reserve’s next rate hike decision.
In early trade, the Straits Times Index (STI) inched up 0.03 per cent to 3,264.42 points after 27 million securities changed hands in the broader market.
In terms of companies to watch, we have Singapore Post, after the postal service provider said it is introducing a significant rate increment for the first time in almost a decade.
Elsewhere, more on NIO to Sunac and Country Garden forging debt deals with creditors, more corporate headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked these developments with James Cheo, Chief Investment Officer, Southeast Asia at HSBC Global Private Banking and Wealth.See omnystudio.com/listener for privacy information.
9/19/2023 • 10 minutes, 58 seconds
Why It Matters: Strengthening Philippines’ participation in the global supply chain scene
Supply chains, the vital global connections between the making of products and their delivery to customers worldwide have been tested in recent years. After a series of shocks, including the Covd-19 pandemic and the continued deterioration of multilateral trade relations, have damaged the reliability of global supply chainsSo how can a country like the Philippines strengthen its participation in the global supply chain?
Alfredo Pascual, Secretary (Minister) of Trade and Industry, Philippines shares his views. See omnystudio.com/listener for privacy information.
9/19/2023 • 10 minutes, 40 seconds
China Perspective: What to make of China's mysteriously missing ministers
And then there were two, it has been reported China’s Defence Minister Li Shangfu has not been seen in public for more than three weeks, where could he be? Plus US National Security Advisor Jake Sullivan quietly holding “candid” talks with Chinese Foreign Minister Wang Yi over the weekend in Malta.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
9/19/2023 • 10 minutes, 7 seconds
Under the Radar: Why are homegrown firm Ion Mobility’s electric bikes for exports only and what is EnterpriseSG doing to help it generate revenue streams in Singapore?
Do you know that Singapore actually builds electric motorbikes? Yes you’ve heard it right.
While such bikes are not on the roads of Singapore, they are exported to other Southeast Asian markets such as Indonesia.
Our guest for today is one of these electric motorbike manufacturers. Founded in 2019, Ion Mobility is a Singapore-based startup that aims to tap the growing appetite for electric vehicles in Southeast Asia.
The firm launched its M1-S electric scooter in Jakarta in November last year and closed its US$18.7 million Series A round in February this year.
More notably, it also brought in the world’s leading two and three-wheeler manufacturer TVS Motor Company as one of its strategic investors, to further its growth in the electric two wheeler space within Singapore and Indonesia.
So what is Ion Mobility’s growth trajectory like in the near future with this partnership?
Meanwhile, how is the firm working with authorities and agencies within Singapore to open up new business models and develop other products that can be sold within the country?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to James Chan, CEO of Ion Mobility and Lee Pak Sing, Assistant Chief Executive for Trade and Connectivity, EnterpriseSG.See omnystudio.com/listener for privacy information.
9/19/2023 • 27 minutes, 27 seconds
Sports Minutes: Glitz & Glam at the Singapore Grand Prix
Famed for being much more than just about car racing, the Singapore Grand Prix has long prided itself on providing a blockbuster weekend of glitz, glam and entertainment. But is the Lion City losing it's lustre with the likes of Las Vegas and Miami now on the F1 calendar? JJ Lin & the fans weigh in!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
9/18/2023 • 6 minutes, 9 seconds
Sports Minutes: 2023 Singapore Grand Prix Review
Is Formula 1 boring? Not if the 2023 Singapore Grand Prix was anything to go by! We recap the pulsating race that saw Ferrari paint the Lion city red, as Carlos Sainz won his first race for the Scuderia. We hear from Sains as well as Toto Wolff, Helmut Marko, Will Buxton and the fans as we look back on the 14th edition of the spectacular night race!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
9/18/2023 • 14 minutes, 15 seconds
Culture Club: F1 Academy driver talks life on the fast lane
Have you ever wondered what it is like to live on the 'fast lane'? We spoke to an up and coming motorsport star who has competed in international karting competitions since the age of 5.Racing is something she loves because apart from the feeling of victory, it also gave her a passion to share with her father.
Bianca Bustamante, F1 Academy Driver, PREMA Racing shares her story. See omnystudio.com/listener for privacy information.
9/18/2023 • 15 minutes, 59 seconds
Washington Report: Rough September for Joe Biden - Auto Strikes, Son’s Indictment
Hunter Biden is indicted on three gun felonies, but it seems that his problems are legitimately his father's problems too. But that's not all for US President Joe Biden, with The United Auto Workers going on strike at Ford, General Motors and Stellantis factories.
As Joe Biden runs for re-election, how will the president cope with his son’s legal woes, turbulence on Capitol Hill and questions about his economic leadership?
We take a closer look with Pushan Dutt, Professor of Economics, INSEAD.See omnystudio.com/listener for privacy information.
9/18/2023 • 8 minutes, 17 seconds
Why It Matters: Picking the wrong brand name, can it be rectified?
In the dynamic realm of fashion, the importance of a brand name cannot be overstated, but certain names have a knack for making a lasting impact.
How can a company pick a great brand name that stands out? And is there any way the mistake of picking the wrong brand name be rectified?
Joy Zhan, Managing Director, We Narrate Brands shares her views. See omnystudio.com/listener for privacy information.
9/18/2023 • 11 minutes, 29 seconds
Market View: Singapore’s NODX falls for 11th straight month; KKR to acquire 20% stake in SingTel; CapitaLand Investment buys property in Anseong, South Korea; SIA and Scoot flies fewer passengers in August
Singapore shares opened flat today after weaker export data clashed with news of a mixed performance on global stock markets.
Data from Enterprise Singapore showed non-oil domestic exports slid 20.1 per cent in August, marking the 11th straight month of contraction.
In terms of companies to watch for today, we have Singtel, after a fund managed by global investment firm KKR is committing up to S$1.1 billion for a 20 per cent stake in Singtel’s regional data centre business.
Meanwhile from more on CapitaLand Investment to a deep dive into Singapore Airlines’ operating statistics for August, more corporate headlines remain in focus.
On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
9/18/2023 • 11 minutes, 40 seconds
Under the Radar: From serving World War II hero Lim Bo Seng to the modern Singaporean – How has Polar Puffs & Cakes evolved over the years? Its CEO weighs in
Today we’re going to bring you an inside look into one of the oldest bakeries in Singapore.
Make a guess – you might have just passed by one of their outlets today!
Back in 1926, Polar Puffs and Cakes, or the then Polar Cafe opened its first outlet on 51 High Street, where it was known for its Curry Puffs, ice-cream and chilled beverages.
The cafe was more notably the go-to place for politicians, lawyers and businessmen due to its strategic location near the trading harbour. Among them – prominent Hokkien businessman Lim Bo Seng, according to the firm.
Fast forward to the present, Polar has moved away from the cafe business by adopting a takeaway model. That started in 1996 when the company signed a supply partnership with Exxonmobil to turnaround the slowing cafe business.
And such partnerships have become an integral part of the business. Currently, Polar operates over 190 locations in Singapore. 165 are part of partnerships with businesses, while 30 of them sell directly to consumers in malls.
So how does the firm navigate its relationship with such partners, and what are some of Polar’s plans for the future?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Francis Looi, CEO, Polar Puffs & Cakes.See omnystudio.com/listener for privacy information.
9/18/2023 • 22 minutes, 26 seconds
Sports Minutes: Will Max Verstappen finally rule the elusive streets of Singapore?
Vying for an unprecedented 11th consecutive win, Max Verstappen is seemingly on course for an inevitable third world title. All-conquering as the Dutchman maybe, did you know that he's never stepped onto the top step of the podium here in Singapore? Will that change in 2023? Yuey Tan, Singaporean racing driver, weighs in with his predictions for the race weekend!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
9/15/2023 • 6 minutes, 3 seconds
Sports Minutes: How humble Hamilton made a fan's dream come true
What is sports without fans? The age-old question was answered in emphatic fashion at the Singapore Grand Prix - and that's even before the cars hit the track! Tune in as we speak to two SUPER FANS who had their lifelong dreams come alive, as they met their racing heroes in the flesh!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
9/15/2023 • 7 minutes, 19 seconds
Sports Minutes: Get up to speed ahead of the 2023 Singapore Grand Prix
As Singapore's prepares to host the 14th edition of the Formula 1 Night Race, we hit the paddock to check in with the drivers. Verstappen and Redbull Racing maybe the leaving the chasing pack in their wake all season long, but could the unforgiving street track in the Lion City - that has undergone some tweaks for this edition - prove to be a leveller to the playing field? Tune in to find out!
Got a story to tell? Get in touch with [email protected] | [email protected]
See omnystudio.com/listener for privacy information.
9/15/2023 • 14 minutes, 31 seconds
Market View: US PPI numbers on STI movements; PBOC adds 191b yuan into the financial system; ECB hikes rates by 25bps to record 4%; Walt Disney reportedly held exploratory discussions to sell TV network ABC
Singapore stocks rose at the open today, tracking global markets that finished higher overnight.
In early trade, the Straits Times Index (STI) climbed 0.5 per cent to 3,266.08 points after 36.4 million securities changed hands in the broader market.
In terms of companies to watch today, we have LHN after the real estate management services group yesterday provided an update of its business segments.
Meanwhile, from more on the Chinese PBOC adding more cash into the economy to the latest European Central Bank rate decision, and to Walt Disney holding discussions to sell its US TV network ABC, more international headlines remain in focus.
On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
9/15/2023 • 7 minutes, 27 seconds
What Russia's Vladimir Putin & North Korea's Kim Jong Un want from each other
Russian President Vladimir Putin and North Korean leader Kim Jong Un held a rare summit this week that has raised concerns over a potential military deal between the two nations.
What can we make of this rare public show of diplomacy and what are the consequences of this meeting for both nations?
Here's an analysis from Drive Time's Elliot Danker and Antonio Fatás, Professor of Economics, INSEAD.See omnystudio.com/listener for privacy information.
9/15/2023 • 8 minutes, 18 seconds
Under the Radar: From producing classic noodles to dumpling skins, noodle manufacturer Leong Guan expands to peripheral products; Serving food service clients like Koufu, Food Junction, Shangri-La, Sats; Geographical expansion to the US, HK, Israel
It is probably time that you’re thinking about dinner on a Friday afternoon, and on that note – how about a warm hearty bowl of noodles to kickstart your weekend?
Our guest for today is one of the largest manufacturers of fresh noodles in Singapore.
Founded in 1996 as a noodle supplier, Leong Guan has since opened its own noodle manufacturing factory in 2006 and currently provides not only noodles, but also other food products such as tofu and dumpling skins.
It has also been targeting overseas markets by adopting technology to improve the shelf life of its products or to develop new products that can be exported.
More notably, the firm was also introduced to an in-market buyer through EnterpriseSG to further expand their footprint into the US. But what should we know about Leong Guan’s foray into the West?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Kevin Lim, Head of Strategy & Insights, Leong Guan Food Manufacturer.See omnystudio.com/listener for privacy information.
9/15/2023 • 14 minutes, 36 seconds
Sports Minutes: A Singaporean racing on the streets of Singapore
As the fastest men in the world hit the streets of Lion City this weekend, did you know there will be a Singaporean amongst them? Racing in the The Super Series, a support race at the Singapore GP, Yuey Tan will be competing for the 13th time on home soil. And we caught up with the 40-year old ahead of his race weekend.
Got a story to tell? Get in touch with [email protected] | [email protected]
See omnystudio.com/listener for privacy information.
9/14/2023 • 10 minutes, 59 seconds
Market View: Prudential shelves plan for separate wealth management unit in Singapore; Possibility of Grab, GoTo facing new rules in Singapore; European Commission launches investigation on subsidies for Chinese EV makers; Mixed US CPI report - Will PPI numbers change the narrative?
Singapore stocks rose at the open, even as global markets were mixed overnight.
In early trade, the Straits Times Index (STI) climbed 0.3 per cent to 3,227.4 points after 30.8 million securities changed hands.
In terms of companies to watch, we have Prudential, after the insurer told The Business Times yesterday that it has shelved plans for a separate wealth management unit in Singapore.
Meanwhile, from Grab and GoTo possibly facing new rules in Singapore to the European Commission launching an investigation on subsidies for Chinese electric vehicle makers, more corporate headlines are in focus.
On Market View, the Drive Time’s finance presenter Chua Tian Tian unpacked the developments with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
9/14/2023 • 11 minutes, 40 seconds
Under the Radar: Behind one of the world’s oldest industrial companies – Faber Castell on the rising demand for stationery despite digitalisation; Secret sauce behind its sales volume; Japan and China as bright spots; Diversification into cosmetics
Pencils are a much needed tool as we get through our work day, and today we’re going to bring you an inside look into a pencil manufacturer that has been around for over 250 (262) years!
Bingo if you’ve guessed Faber Castell. Founded all the way back in 1761, Faber- Castell is one of the oldest industrial companies in the world, and has been owned by the same family for – get this – nine generations!
The firm is headquartered in the German state of Bavaria. It is currently present in over 120 countries with its own production sites in ten countries, and sales companies in 22 countries.
More notably, Faber Castell sells over two billion pencils and coloured pencils each year even in face of digitalisation – so what is its secret sauce in achieving that sales volume?
Meanwhile, the firm has moved beyond stationery into decorative cosmetic products as well. But what was the rationale behind the move to diversify, and what does this mean for Faber Castell’s stationery business?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Andrew Woon, Managing Director, Faber-Castell Malaysia, Indochina and East Asia for more.See omnystudio.com/listener for privacy information.
9/14/2023 • 18 minutes, 39 seconds
Sports Minutes: A (rare) good day for Singapore football
Double delight for Singapore football, as the senior men's team and under-23s clinched important results - with a 3-1 win over Chinese Taipei and last-gasp 2-2 draw against Vietnam respectively. But have the celebrations been over-zealous? Deepanraj Ganesan weighs in on this, and the road ahead - as we also hear from head coach Takayuki Nishigaya, and Lions' defender Lionel Tan.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
9/13/2023 • 12 minutes, 36 seconds
Market View: Olam Group confirms bond posted for director of Nigerian unit, shares hit historical low; Thomson Medical’s public float falls below 10%; South Korea tighten rules relating to banks’ mortgage; US August CPI expectations; US$1.4b of Country Garden’s bonds extended
Singapore stocks opened higher today, even as global markets dipped overnight.
In early trade, the Straits Times Index (STI) was up 0.1 per cent at 3,217.57 points after 50.3 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Thomson Medical, after the group’s public float dipped to 9.98 per cent.
Meanwhile from shares of Olam Group taking a nosedive to what the markets are expecting ahead of the latest US inflation data, more international headlines remain in focus.
On Market View, the Drive Time team unpacked these developments with Oriano Lizza, Sales Trader, CMC Markets.See omnystudio.com/listener for privacy information.
9/13/2023 • 11 minutes, 6 seconds
Regional Roundup: Thailand's new PM slammed over 'vague' policy statement
From details of the 12th Malaysia Plan (12MP) Mid-Term Review to Thailand’s new Prime Minister Srettha Thavisin pledging quick action to relieve the country’s post-pandemic economic problem
Adib Zalkapli, Director, BowerGroupAsia gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
9/13/2023 • 10 minutes, 38 seconds
Sports Minutes: Paul Pogba provisionally suspended for anti-doping offence
Paul Pogba has been provisionally suspended from playing because of an anti-doping offence, after tests revealed him to have elevated levels of testosterone in the aftermath of Juventus' 3-0 win at Udinese on 20th August 2023. If found guilty of doping, he could face a ban of between two and four years.
We hear from Fabrizio Romano and Mario Melchiot on the latest chapter of the Paul Pogba.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
9/12/2023 • 14 minutes, 15 seconds
Market View: Olam Group denies allegations on Nigerian unit; Alibaba to prioritise AI and user experience, former CEO Daniel Zhang quits; US FDA authorises updated Covid-19 vaccines for Pfizer/BioNTech, Moderna
Singapore shares inched lower today even as global markets rallied the day before.
In early trade, the Straits Times Index dropped 0.2 per cent to 3,213.10 points after 19.2 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Olam Group. That’s after the group denied allegations made in recent media reports about its Nigerian unit and its subsidiaries being involved in a multibillion-dollar fraud.
Elsewhere, Alibaba Group’s focus on AI and user experience and the surprise move by former CEO Daniel Zhang to leave the company over the weekend remain in focus.
Not to mention, Pfizer-BioNTech and Moderna receiving the US FDA’s authorisation for their updated Covid-19 vaccines.
On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with Matthias Chan, Head of Research at SAC Capital.See omnystudio.com/listener for privacy information.
9/12/2023 • 7 minutes, 48 seconds
Under the Radar: ACCA as a business with a turnover of over £200m; Spending power of members, partner firms; Positioning against other industry players; Accounting talent shortage in Singapore and impact on top and bottom lines
The accounting and professional services industry is back in focus today.
Founded in 1904, our guest is the Association of Chartered Certified Accountants or ACCA. This is a global body for professional accountants with over 200,000 fully qualified members and 500,000 students worldwide.
While widely known as an association or educational body, ACCA essentially operates like a business with a turnover of over 200 million British pounds for the year ended March 2023.
It generates revenues through membership fees, courses and certification, but which is the most important revenue stream for the association?
Meanwhile, the number of accounting degree students at universities in Singapore has reportedly dropped over 10 percent over the past five years, despite rising demand for accounting professionals.
So what does the talent shortage mean for ACCA in terms of potential future revenue? Also – how does the rising demand for accounting professionals provide ACCA an opportunity to get more people into the accounting profession and reverse the decline?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed the questions to Daniel Leung, Country Manager, ACCA Singapore.See omnystudio.com/listener for privacy information.
9/12/2023 • 16 minutes, 18 seconds
China Perspective: China's presence at G20 Summit
It is all about China's presence or lack of presence at the recently concluded G20 Summit.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis on those headlines. See omnystudio.com/listener for privacy information.
9/12/2023 • 8 minutes, 50 seconds
Sports Minutes: How will Singapore's Sailors fare in the AFC Champions League?
Singapore's Lion City Sailors begin their second foray into the Asian Football Confederation Champions League (ACL) later this month, placed in Group F (East Zone) along with two-time ACL champions and 2022 K League runners-up Jeonbuk Hyundai Motors, 2022-23 Thai League 1 runners-up Bangkok United, and 2022-23 Hong Kong champions Kitchee SC.
How will the Sailors fare on the continental stage? We check in with head coach Aleksandar Rankovic to find out!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
9/11/2023 • 11 minutes, 23 seconds
Market View: China’s central bank yanks yuan off 16-year low against greenback; Seatrium on net proceeds on 2021 rights issue; SK Hynix products found in Huawei’s Mate 60 Pro; Takeaways from G20 Summit in India; Tesla’s Dojo supercomputer may add up to US$500b to firm’s market cap
Singapore stocks rose at the open after global markets closed higher last week.
In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,212.45 points after 49.5 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Seatrium. The company had said on Friday that it has a balance of S$300 million in net proceeds from its rights issue back in 2021. That’s after S$100 million was recently used to repay a loan facility.
Elsewhere from Tesla’s Dojo Supercomputer to what investors should note from the G20 Summit in India - more corporate and international headlines remain in focus.
On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
9/11/2023 • 11 minutes, 14 seconds
Washington Report: Top takeaways from Biden's trip to G20 & Vietnam
US President Joe Biden is nearing the end of a trip to India and Vietnam for a series of high-profile meetings aimed at countering China’s influence in the developing world. What are the key takeaways from G20 Summit 2023 and what can make of Biden's messaging abroad?
For a better analysis, we're joined by Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College.
See omnystudio.com/listener for privacy information.
9/11/2023 • 11 minutes, 53 seconds
Under the Radar: Smaller engines for smaller satellites – Aliena on the need for smaller propulsion engines in satellites; On customer base including Imperial College London; Its engines hitching a ride on SpaceX; the Very Low Earth Orbit being the next area of contest
Laptops, computers and phones – they are among the items that have shrunk in size over time as consumers demand items that are smaller, more portable and perhaps cheaper.
But besides our daily consumer goods, did you know that even satellites are getting smaller too?
Not only are satellites getting smaller, they also need to fly closer to the Earth to collect better quality data to power industries such as maritime, aviation and even banking.
To do so, satellite companies now need smaller, low power and efficient, engines, and that’s exactly what our guest for today does.
Founded in 2018, Aliena is a spin-off from the Nanyang Technological University that creates propulsion engines to allow satellites to fly closer to the Earth.
Question is – why do satellites need to fly closer to the Earth in the first place and to what extent has this got to do with the cost of satellite deployment?
Meanwhile, the firm’s propulsion engines hitched a ride on a SpaceX Falcon9 rocket last year. Its engines were deployed this year as well in a separate space mission. But what can we expect from the firm next?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed the questions to Dr Mark Lim, Co-founder and CEO, Aliena.See omnystudio.com/listener for privacy information.
9/11/2023 • 21 minutes, 45 seconds
Market View: UOBKH upgrades call on CP Foods; TikTok’s Shop option launch; Apple grapples with turmoil amid growing ban among government workers in China; Fed Beige Book and comments by central bank officials
Singapore stocks dipped today after global markets mostly finished lower overnight.
In early trade, Straits Times Index (STI) fell 0.1 per cent to 3,222.73 points after 54 million securities changed hands in the broader market.
In terms of companies to watch today, we have Thailand-listed Charoen Pokphand Foods (CP Foods), after UOB Kay Hian (UOBKH) upgraded its call on CP Foods from “hold” to “buy” .
Elsewhere from the Fed’s latest beige book out last night to Apple grappling with a turmoil days before its iPhone 15 launch, more international headlines remain in focus.
On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.
9/8/2023 • 10 minutes, 23 seconds
Under the Radar: Rovers, Landers, Moon, Soil and Water – ispace on designing and building lunar landers and rovers; Market for lunar missions valued at over US$100b; Positioning against bigger boys; Navigating relationships with Governments; Role of Singapore in the emerging lunar economy
Can you imagine that the Moon may support a population of 1,000 with over 10,000 people visiting each year by 2040?
How about having the moon support industries such as construction, energy, steel procurement, communications, transportation, and even tourism and medicine?
It may seem a little out of reach at this point in time, but that is the belief of our guest for today ispace.
Founded in 2010, ispace is a global lunar resource development company that specialises in designing and building lunar landers and rovers. It was also the first space startup to go public via an IPO in Japan this year.
The firm aims to extend the sphere of human life into space by providing high-frequency, low-costs transportation services to the moon.
In particular, ispace US was part of a team awarded a contract to land on the far side of the Moon by 2025.
Aside from transportation, ispace was also tasked by various space agencies to collect lunar regolith and extract water on the Moon.
So far, the firm has more than 200 employees worldwide, with offices in Japan, Luxembourg and the US. But what is the value of space exploration, and to what extent does Singapore have a role in this emerging lunar economy?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Jenna Tiwana, Senior Business Development and Strategy Advisor, ispace inc for more.See omnystudio.com/listener for privacy information.
9/8/2023 • 17 minutes, 5 seconds
Market View: mm2 Asia to subscribe for HK$19m worth of bonds by Unipact Entertainment and Productions; Potential for ASEAN digital economy to grow to US$2t by 2030; China’s export slump; Possible investment by TSMC’s into Arm’s IPO; US ISM non-manufacturing PMI - resilient or cause for more interest rate hikes?
Singapore stocks dipped at the open after global markets finished lower overnight.
In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,220.65 points with 22 million securities changing hands then.
In terms of companies to watch, we have mm2 Asia, after mainboard-listed media company said it agreed to subscribe for HK$19 million (S$3.3 million) worth of bonds issued by concert organiser Unipact Entertainment and Productions.
Elsewhere from TSMC’s mulling an investment in chip designer Arm Holdings to China’s export slump easing in August and the US service sector, more international news remains in focus.
On Market View, the Drive Time’s finance presenter Chua Tian Tian unpacked the developments with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
9/7/2023 • 10 minutes, 30 seconds
Under the Radar: Chicken extracts, flavours and creamers – Kerry’s journey from a dairy co-op to a taste and nutrition firm
This conversation is set to pique your interest if you’re a grocery shopper or a foodie.
On that note, have you ever read the back of a food label packaging and wonder what exactly is this ingredient called the chicken extract that is packed with umami flavour?
Or have you opened a bag of barbecue flavoured chips and wonder what’s behind that rich and smoky flavour? Or perhaps – what are milk proteins and milk protein concentrates and how do they make the food and drinks we consume more nutritious?
With over five decades of history, Kerry Taste and Nutrition is an Ireland headquartered food company offering taste and nutrition solutions for some of the world’s best known FMCG and pharmaceutical brands.
The firm currently has over 22,000 employees and over 150 innovation and manufacturing centres in over 30 countries. But what is the role of Kerry’s presence in Singapore in its wider portfolio?
Meanwhile, Kerry Taste and Nutrition recently reported its half year results where both sales volumes and pricing went up at the same time. How was this achieved given how its clients or FMCG players are struggling with balancing price increases and falling demand amid high inflation?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to John Cahalane, President and CEO for Kerry Taste and Nutrition Asia Pacific, Middle East & Africa.See omnystudio.com/listener for privacy information.
9/7/2023 • 15 minutes, 55 seconds
Market View: Spillover effects of Country Garden’s interest payments, on Evergrande, wider market; Short and medium term outlook for China, possible excitement over AI; Japan[‘s yen sets fresh 10-month low against the USD; Novo Nordisk’s road to become the most valuable company in Europe
Singapore shares were pulled into positive territory today, bucking a global selloff on Wall Street and Europe amid cautious investor trading.
In early trade, the Straits Times Index (STI) rose 0.5 per cent to 3,242.28 points after 30.3 million securities changed hands in the broader market.
Meanwhile, international headlines are in focus today with all eyes on markets in Greater China after property giant Country Garden paid interest on two different dollar bonds, and its spillover impact on Evergrande and the broader market.
Also on the table today, how Denmark’s Novo Nordisk became Europe’s most valuable company by market value.
On Market View, Drive Time’ finance presenter Chua Tian Tian unpacked the developments with Ken Shih, Head of Wealth Management, Greater China, SAXO Markets. See omnystudio.com/listener for privacy information.
9/6/2023 • 8 minutes, 18 seconds
Under the Radar: Construction management software firm Novade on serving large players like CapitaLand and Singapore’s A1 grade contractors ; Financials and growth trajectory as the construction industry transforms; On moving down the value chain in APAC; Presence in Ghana and opportunities in rapidly urbanising Africa
The adoption of digital solutions within the construction industry is at the heart of our conversation today.
Founded in 2014, our guest Novade develops cloud and mobile applications for construction companies to use in work sites.
The applications streamline work processes such as quality control, safety inspections and workforce management and reduce the paperwork needed in construction projects.
Novade currently operates in over 20 countries with a user base of over 150,000 people. Some of its customers include big names such as Samsung C&T, CapitaLand and Lendlease.
The company is reportedly seeing growing demand for its services as the industry increasingly recognises the importance of digitalisation.
Looking ahead, Novade wants to expand its footprint in APAC by first tackling top developers in APAC before moving down the value chain to acquire SME clients. But how efficient is this strategy for the firm financially?
It also set its sights in Africa to tap the continent’s rapid urbanisation, especially in Ghana, Ivory Coast and South Africa – but what are the opportunities exactly?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Denis Branthonne, CEO and Co-Founder, Novade.See omnystudio.com/listener for privacy information.
9/6/2023 • 15 minutes, 7 seconds
Market View: How have Singapore companies grown their dividends over the years?; Dasin Retail Trust’s notice of default; Country Garden made interest payments; RBA hold rates steady; Is cash the king now?; OpenAI’s chief Sam Altman granted Indonesia’s first golden visa
Singapore stocks opened weaker today as index counters started the morning mostly in negative territory.
In early trade, the Straits Times Index (STI) headed down 0.3 per cent to 3,229.79 points after 39.6 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Dasin Retail Trust, after the trust received a notice declaring that an event of default has occurred under its onshore syndicated term loan facility of up to 400 million yuan (S$74.6 million).
Meanwhile, from more on Country Garden to the Reserve Bank of Australia holding rates steady - more international headlines remain in focus.
On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with Eddy Loh, Chief Investment Officer, Maybank Group Wealth Management. See omnystudio.com/listener for privacy information.
9/5/2023 • 7 minutes, 24 seconds
Under the Radar: Adecco on acquiring talent in the fast growing consumer market of ASEAN; Structural shifts in ASEAN economies and impact on staffing needs, talent acquisition strategy, training needs and pricing strategy; Growth trajectory for Adecco; Reshaping the future and driving innovation and sustainability through human capital creation
Acquiring talent in the fast growing consumer market of ASEAN – that’s what we are going to talk about in this segment today.
With over 5,100 branches across 60 countries around the world, our guest is leading workforce solutions company Adecco.
The Switzerland-based firm provides a comprehensive range of workforce solutions and consulting services which includes junior to mid-level talent acquisition, temporary staffing, outsourcing, as well as jobs training and reskilling.
The Fortune 500 company connects over 700,000 people with job opportunities that make the most out of their skills every given day.
Closer to home, Adecco has a strong presence in major markets within the ASEAN region, such as Singapore, Malaysia, Thailand and Vietnam. Take Singapore for instance, the Fortune 500 company established its presence in 1985 and currently helps over 1,400 people in new careers each year.
With ASEAN as a trade bloc being one of the top 5 economies in the world, what will this mean in terms of staffing needs and what growth opportunities does this present for Adecco?
How is the firm upskilling workers to navigate structural changes in major ASEAN economies? And how do such structural changes increase the value of a recruitment firm like Adecco?
On Under the Radar, Drive Time’s finance presenter posed these questions to Betul Genc, SVP and Head of ASEAN, Adecco.See omnystudio.com/listener for privacy information.
9/5/2023 • 15 minutes, 56 seconds
Market View: CDL’s acquires hotel in Osaka for 8.5b yen; Keppel Reit to replace Olam Group on STI Reserve list; Chinese stocks in Hong Kong jumped on more property support measures; Tencent, Xiaomi mobile app stores in China vs app publisher; US August non-farm payrolls, Goldilocks scenario
Singapore shares began trading in the green as traders returned from a holiday-shortened week.
In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,239.56 points after 139.6 million securities changed hands in the broader market.
In terms of companies to watch for today, we have City Developments Limited. That’s after the property developer announced on Thursday that it had acquired a hotel in Osaka, Japan, for 8.5 billion yen (S$78.5 million).
Meanwhile, from Keppel Reit replacing Olam Group on the STI reserve list at the start of business on the 18th of September, to a Goldilocks scenario in the US and Chinese stocks in Hong Kong jumping on further property support measures – more corporate and international headlines remain in focus.
On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
9/4/2023 • 9 minutes, 9 seconds
Under the Radar: “Fitbit-for-machines” - Auk Industries on the use of IoT hardware and software solutions to monitor activity on factory floor; Its competitive edge; Serving a wide range of customers from a Nonya confectionery shop to Fortune 500 companies; Southeast Asia’s potential given its huge manufacturing base
You might have used Fitbit in your daily exercise routines. But did you know factory machines use an equivalent of Fitbit too? In fact, we’re going to talk to a company that offers “Fitbit-for-machines” services using the Internet of Things.
In layman terms, the firm offers a scalable digital factory system comprising of hardware equipment that tracks the steps or output, the heart rate or the temperature and mixing speed, as well as the sleeping pattern or the idling time of a machine.
Data collected by the equipment will be automatically analysed with a software to provide factory owners a broad overview of what’s happening on the factory floor and if there are any problems with factory equipment that needs to be solved.
The solutions can be deployed within a matter of days and can help clients achieve up to 10 to 30 per cent gain in productivity, energy or maintenance.
But how does this work exactly, and how does Auk Industries differ from other IoT solutions providers?
Meanwhile, Auk Industries says it serves a wide range of clients ranging from a small Nonya confectionery shop in Bedok to large Fortune 500 companies like General Electric.
Question is – what is it about Auk Industries’ proposition that allow it to cater to the needs of clients with operations that seem vastly different?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Samuel Tan, CEO & Cofounder, Auk Industries for more.See omnystudio.com/listener for privacy information.
9/4/2023 • 16 minutes, 19 seconds
Market View: UBS to fully absorb Credit Suisse’s domestic bank, looking at cost savings of over US$10b; Million of dollars reportedly invested in publicly traded stocks of Adani Group via “opaque” Mauritius funds; US PCE Expectations
Singapore stocks began trading stronger today after global markets ended mixed overnight.
In early trade, the Straits Times Index (STI) was up 0.2 per cent to 3,225.89 points after 45.5 million securities changed hands in the broader market.
In terms of companies to watch, we have Olam Group, after it secured a US$1.75 billion multi-tranche sustainability-linked facility through its wholly-owned food ingredients unit OFI.
Meanwhile, from UBS set to absorb Credit Suisse’s domestic bank to news that millions of dollars were reportedly invested in some publicly traded stocks of India’s Adani Group via “opaque” Mauritius funds, and the expectations for the latest US PCE index, more international headlines remain in focus.
On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
8/31/2023 • 10 minutes, 12 seconds
Under the Radar: Private Equity Real Estate firm Q Investment Partners on investing in UK, Japan residential real estate properties, interest rate differentials; Fund level IRR of 13 -20%; Criteria when evaluating potential projects; Competitive advantage; On Asian capital looking to the West for investments
Today we’re going to bring you an inside look into a private equity real estate firm that connects real estate to capital markets.
Founded in 2016, Q Investment Partners or QIP is a Singapore-based PE real estate firm that raises funds from institutional investors to buy, develop and sell buildings to generate investment returns.
The firm currently manages and executes around US$400 million of investment value, and has some US$1.2 billion worth of real estate investments managed to date.
Its fund level internal rate of return stands at between 13 and 20 per cent. But how does this differ from the industry? What does the firm look out for when evaluating a potential project and deal, and what is its competitive advantage against other players?
Meanwhile, QIP has 15 properties under its belt, with almost all located within Japan and the UK. But why is this the case and what’s next for the company?
Also – how has China’s move to open its property market to PE investors and funds affected industry players?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Alexander Bellingham, Director and Head of Sales, QIP.See omnystudio.com/listener for privacy information.
8/31/2023 • 14 minutes, 50 seconds
Market View: Country Garden plans to issue HK$270m new shares to pay off loans; Investability of China; HKD posed for biggest monthly retreat since 1985; Safe haven gold prices hovered near three-week highs; GuocoLand’s 54.5% drop in net profit
Singapore stocks started the day on a positive note following overnight gains in the US and Europe markets.
In early trade, the Straits Times Index (STI) was up 0.4 per cent to 3,236.52 points after 60.3 million securities changed hands in the broader market.
In terms of companies to watch today, we have GuocoLand after the real estate group posted yesterday a 54.5 per cent decline in net profit to S$148 million for the second half-year ended June.
Elsewhere, from Country Garden issuing HK$270 million of shares to pay loans, to the investability of China as well as the outlook on the safe haven gold, more international headlines remain in focus.
On Market View, Drive Time’s finance presenter Chua Tian Tian sat down with Jeremy Tan, Chief Executive Officer (CEO) of Tiger Fund Management for more. See omnystudio.com/listener for privacy information.
8/30/2023 • 10 minutes, 24 seconds
Under the Radar: TraceTogether maker iWOW on what’s next for the firm; On its electric monitoring, smart metering and alarm systems business; Working with clients like 3M, Singtel and PUB; On global IOT market becoming a trillion dollar business by 2030; On new contracts; Performance on Catalist board; Acquisition of Roots
Do you remember the time when you had to scan a QR code to check into malls and to dine in at restaurants?
Well, today we’re going to talk to the company behind the Tracetogether token that has been a huge part of our lives during the pandemic.
Incorporated all the way back in 1999, TraceTogerther maker iWOW is an Internet of Things solutions provider.
Its name stands for Inspiring the World of Wireless, and the firm specialises not only in smart tracking but also in automated meter tracking and the monitoring of utility usage.
iWOW also serves a diverse range of clients, working with the PUB, Jurong Port, Singtel, to even the SMRT, 3M, Coca Cola and Nestle.
So what is next for the firm with the easing of COVID-19 restrictions and the “standing down” of the use of Tracetogether?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Raymond Bo, Founder and CEO, iWOW Technology for more. See omnystudio.com/listener for privacy information.
8/30/2023 • 16 minutes, 54 seconds
Market View: Thomson Medical Group’s 66.7% yoy drop in net profit; Oxley Holdings sank further into the red; China slashing stamp duty on stock trades; BYD’s profits; VinFast’s stellar NASDAQ debut – Could VinFast pave the way for more US IPOs by Vietnam tech unicorns?
Singapore stocks were pulled into positive territory today after global markets finished higher overnight.
In early trade, the Straits Times Index (STI) rose 0.4 per cent to 3,226.29 points after 27.6 million securities changed hands in the broader market.
In terms of companies to watch, we do have Thomson Medical Group after it posted a 66.7 per cent drop in net profit to S$13.8 million for its second half ended June.
Meanwhile, from China slashing stamp duty paid on stock trades for the first time in 15 years, to Vietnamese electric vehicle maker VinFast becoming the third most valuable automaker on earth, more international headlines remain in focus.
On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.See omnystudio.com/listener for privacy information.
8/29/2023 • 10 minutes, 3 seconds
Under the Radar: Viu’s secret sauce in competing in the OTT space; Competition with Netflix, Disney+; Viki Rakuten in recent years; On the next hit product offering; On password sharing; On Viu selling stake to French broadcaster Canal+ in deal worth US$300m
This is a conversation that you would love if you’re into Asian-dramas or variety shows – think the likes of your Running Man, Descendants of the Sun and so on.
Our guest for today is Viu, which is a leading pan-regional over-the-top video streaming service operated by billionaire Richard Li’s PCCW.
The firm distributes Asian contents in different genres in local language subtitles, as well as produces original drama series. It is present in 16 markets including Hong Kong, Singapore, Thailand and even in Middle Eastern and African countries such as Egypt and South Africa.
Viu was launched in Singapore back in 2016, where it was known for making Korean dramas more accessible to pop culture lovers.
But how has the entry of players such as Netflix and Disney+ reshaped the competitive landscape in recent years, especially with some players working with top production studios in South Korea to secure a steady pipeline of drama series?
Meanwhile, Viu continues to see strong financial results. According to Media Partners Asia, the firm surpassed Netflix in the number of paid subscribers in Southeast Asia as of the end of June this year.
Separately, it also saw an increase of 30% in revenue for the first half ended June, while paid subscribers expanded 21% as well. To what extent is this contributed by Singapore and why?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Anson Tan, Country Head, Viu Singapore to find out more.See omnystudio.com/listener for privacy information.
8/29/2023 • 15 minutes, 50 seconds
Market View: HPL’s plan to redevelop Forum mall, voco Orchard Singapore and HPL House; China’s Evergrande’s shares slumps 87% after 17-month halt; OCBC’s digital service outage; Fed Chair Jerome Powell’s comments at Jackson Hole Symposium
Singapore stocks started the week on a positive note after Wall Street ended its last trading session higher.
In early trade, the Straits Times Index (STI) rose 0.5 per cent to 3,207.09 points after 58.1 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Yangzijiang Shipbuilding being a hot stock of the day at over 12-year highs.
Meanwhile from Hotel Properties Limited’s plan to redevelop the Forum mall to China Evergrade Group slumping as much as 87 per cent in Hong Kong after a 17-month trading halt, more corporate headlines are in focus.
On Market View, the Drive Time team unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
8/28/2023 • 8 minutes, 53 seconds
Under the Radar: Behind our flats and apartments – Straits Construction’s COO weighs in on construction woes, company’s focus on public projects; Impact of material costs on bottom lines; Manpower shortages on progress payments; Pre-pandemic contracts; Demand for construction by public sector
Today we’re going to talk about the people behind the flats and apartments we live in – the people building our homes that is.
Construction firms, as we know, have been hit by supply chain disruptions and a manpower crunch during the pandemic.
While things are looking up as work resumes and supply chain bottlenecks ease, industry players continue to face challenges such as working with pre-pandemic contracts that do not account for higher material costs.
So how are construction companies navigating choppy waters, and how are they adjusting their business strategy to remain financially viable?
Let’s pose these questions to our guest Straits Construction. Starting small in 1969, Straits Construction is a builder that got its first breakthrough in 1982, when it built its first Housing and Development Board of HDB project at Serangoon Avenue 4.
Since then, the firm has taken on more public and private projects. Some past projects include the Royal Square at Novena, which houses Courtyard by Marriot Hotel.
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian caught up with Kenneth Loo, Executive Director and Chief Operating Officer, Straits Construction Singapore for more.See omnystudio.com/listener for privacy information.
8/28/2023 • 16 minutes, 14 seconds
Sports Minutes: Why the Singapore Tchoukball team decided to donate their prize money?
Eight members of the 2022 Singapore national women’s tchoukball team have decided to give back to their association after they were named Team of the Year for the first time at the Singapore Sports Awards - pledging to donate their share of the $10,000 prize money. Why? Tune in to find out as Delane Lim, President of the Tchoukball Association of Singapore, and Irene Tan, team captain join us on Sports Minutes.
READ MORE:https://www.straitstimes.com/sport/women-s-tchoukball-team-donate-part-of-their-10k-prize-money-for-future-generations
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/25/2023 • 13 minutes, 13 seconds
Market View: Fraser Property’s partnership with SP Group; Taka Jewellery reports 32% drop in net profit; BOJ to downscale massive monetary easing only in a year’s time; Zhongrong’s missed payments; Central bankers talk at Jackson Hole Symposium
Singapore stocks opened weaker today following overnight losses on the global market.
In early trade, the Straits Times Index (STI) headed down 0.4 per cent to 3,169.14 points after 65.1 million securities changed hands in the broader market.
In terms of companies to watch today, we have Frasers Property, after the group announced yesterday that it will start a partnership with SP Group to develop and implement smart-energy solutions at Binh Duong Industrial Park in Vietnam.
Meanwhile, from the impact of missed payments by Chinese financial conglomerate Zhongzhi to listed firms in the country, to the Jackson Hole Symposium underway in the US – more international headlines are in focus today.
On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
8/25/2023 • 9 minutes, 55 seconds
Under the Radar: Buying and selling rice, wheat, sugar, cotton - Agrocorp on serving food manufacturers in APAC and Middle East; Locating upstream processing plants in Canada, Australia; On effect of El Nino and sky high rice prices on top and bottom lines; Plant based protein production in Singapore
From wheat, sugar, cashew, to cotton and even rice. Today we’re going to take you through a company that specialises in the physical buying and selling of such agri-commodities.
Incorporated in 1990, Agrocorp International is a leading integrated agri-commodities and food solutions provider, with a strong presence in emerging markets like Bangladesh, Sri Lanka, Myanmar and India.
It also secured sustainability loans from the International Finance Corporation to sustain the flow of calorie-rich staples to Bangladesh. But what bearing does this have on Agrocorp’s financials?
Away from South Asia, the firm established an upstream presence by investing into pulse processing plants in Canada and Australia. But what are the reasons for locating the facilities in these developed markets?
Meanwhile, Agrocorp also moved into the plant-based meat alternatives scene by developing the first plant-based, nut free cheese range in Singapore with support from the Singapore Institute of Technology and Enterprise Singapore.
To what extent have such moves to diversify reaped tangible benefits for the firm?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Vishal Vijay, Director, Strategic Investments, Agrocorp International.See omnystudio.com/listener for privacy information.
8/25/2023 • 14 minutes, 57 seconds
Culture Club: Journey through Singapore's early years with Pullman Singapore Orchard & Dr Ivan Polunin
Experience a journey through time at Pullman Singapore Orchard this National Day month. Immerse yourself in an exhibition that showcases photographs of Singapore's rich history, while savouring an exclusive menu by their restaurant, offering a selection of hearty local dishes.
The upcoming exhibition 'Once Upon an Island: Images of Singapore', will showcase the remarkable works of the late photographer and documentary filmmaker, Dr. Ivan Polunin.
To find out more, we speak with Rob McIntyre, General Manager, Pullman Singapore Orchard.See omnystudio.com/listener for privacy information.
8/25/2023 • 12 minutes, 5 seconds
In The Spotlight: Navigating the hiring revolution - Singapore's 1.5 million shortfall of skilled workers by 2030
According to the Singapore Human Resources Institute, Singapore is poised to encounter a significant talent shortage, with a projected shortfall of 1.5 million skilled workers by 2030. In response to these trends, companies are increasingly turning to automated tools to streamline their recruitment processes.
We find out from Ben Chew, founder and Managing Director of Talentvis Singapore how talent shortage, remote work, digital skills demand, and automated recruitment tools are reshaping the workforce landscape in Singapore. See omnystudio.com/listener for privacy information.
8/25/2023 • 11 minutes, 16 seconds
Weekly Wrap Up: National Day Rally 2023, reactions from the ground
An overhaul of the classification system for mature and non-mature estates and a new retirement support package for workers born in 1973 or earlier are among the key announcements in Prime Minister Lee Hsien Loong’s National Day Rally speech last weekend.
Were there any topics that should be covered but were not? What reactions are we getting from the ground so far?
Paulin Tay Straughan, Professor of Sociology (Practice), Singapore Management University shares more.
See omnystudio.com/listener for privacy information.
8/25/2023 • 12 minutes, 56 seconds
Market View: Nvidia’s record smashing results, whether stocks are overvalued; Tech stocks; Jackson Hole Symposium kicks off, speeches from Fed’s Jerome Powell, ECB’s Christine Lagarde; Citi Research raises target price on Grab; Sabana Industrial Reit’s new internal manager
Singapore shares opened stronger today), following overnight gains on Wall Street led by a rally in tech stocks.
In early trade, the Straits Times Index (STI) rose 0.4 per cent to 3,187.36 points, after 91.0 million securities changed hands in the broader market.
In terms of companies to watch, we have Sabana Industrial Real Estate Investment Trust.
That’s after activist investor Quarz Capital declared that the trustee of Sabana Reit should take no more than three to four months to do the preparatory work required to set up a new internal Reit manager.
Elsewhere from Nvidia’s forecast busting earnings to Citi Research increasing its target price on Grab after it reported a narrowed net loss for the second quarter, more corporate headlines are in focus.
On Market View, the Drive Time team dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
8/24/2023 • 13 minutes, 5 seconds
Culture Club: Fa'brew'lous high-tech coffee takes flight at Changi Airport
Three new robot baristas have made their way to Singapore’s Changi Airport to deliver artisanal, high-quality coffee 24/7.
Ella, the first fully autonomous AI-powered barista by Crown Digital is here to give travellers passing through Terminal 2 and Terminal 3’s Departure Transit Halls their coffee fix and also a taste of Singapore with the Changi Airport exclusive drink, the Pandan Tea Latte.
We speak with Keith Tan, CEO, Crown Digital to find out more. See omnystudio.com/listener for privacy information.
8/24/2023 • 15 minutes, 2 seconds
In The Spotlight: From coast to city - Breathtaking IHG hotels opening in Asia 2023
Step into a world of extraordinary experiences as IHG Hotels & Resorts unveils its latest chapter of hospitality excellence across the enchanting landscapes of Asia.
Expect new travel experiences from the vibrant streets of Bangkok, the tranquil coastal hideaways of Danang, the cultural haven of Osaka, and the cosmopolitan wonders of Singapore and beyond.
We find out what to expect and other top travel trends for 2023 with Rajit Sukumaran, Managing Director, South East Asia and Korea, IHG Hotels & Resorts. See omnystudio.com/listener for privacy information.
8/24/2023 • 12 minutes, 16 seconds
Euro Watch: Putin tells BRICS summit Dollar’s domination of world trade will end
The 15th Brazil, Russia, India, China and South Africa (BRICS) summit kicked off in South Africa on Tuesday.
Russian President Vladimir Putin said on Tuesday in a virtual address to the BRICS summit that the process of de-dollarization is 'irreversible' and 'gaining pace'.
Can BRICS dethrone the US dollar? We pose this question to Antonio Fatás, Professor of Economics, INSEAD.See omnystudio.com/listener for privacy information.
8/24/2023 • 10 minutes, 22 seconds
Under the Radar: Sun Life Singapore’s CMO on its focus on the UHNW and HNW insurance market in Singapore; its C$1.33t AUM; Sun Life’s better-than-expected Q1 results and contribution by Singapore; Products with philanthropic element; Customer acquisition through working with HNW specialist brokers
The insurance industry is in focus today. Chartered in Canada back in 1865, Sun Life is a financial services organisation with over 118,000 advisors and offices in 27 markets. It has also been present in Asia since the 1890s.
The firm has a reputation for serving high net worth insurance markets and has CAD 1.33 trillion in assets under management as at the end of last year.
Sun Life now sees strong growth potential in the high net worth insurance business in Asia, particularly in Singapore due to the country’s reputation as a global wealth hub.
But what does it mean in terms of investments put into its Singapore business?
Also – what types of insurance products are in demand among Sun Life target customers and what does it mean for Sun Life’s Singapore branch in terms of product offerings?
Meanwhile, the firm collaborated with high net worth specialist brokers who work with private banks and family offices in a move to sink its roots into the local high net worth insurance market. But how effective is this as a customer acquisition strategy?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Michael Wei, Chief Partnership and Marketing Officer, Sun Life Singapore.See omnystudio.com/listener for privacy information.
8/24/2023 • 15 minutes, 29 seconds
Market View: Singapore’s yearly inflation at 4.1% in July; Expectations of MAS’ next policy move; Global investors shed Chinese blue chip stocks; Japan and South Korea’s manufacturing activity; Nikkei expected to rise nearly 8% by year end; EV market VinFast’s shares skyrocketed 109 per cent; Meta’s new AI model
Singapore stocks declined today after global markets ended Tuesday mixed.
In early trade, the Straits Times Index (STI) headed down 0.4 per cent to 3,148.96 points after 22.6 million securities changed hands in the broader market.
In terms of economic data points to watch, Singapore’s inflation both continued to fall in July, with the headline figure down to 4.1 per cent year-on-year.
Elsewhere from Meta Platforms releasing an artificial intelligence model capable of translating and transcribing speech to Japan’s Nikkei expected to rise nearly 8 per cent by year-end, more international headlines are in store.
On Market View, the Drive Time team unpacked these developments with Robert St Clair, Managing Director and Strategist, Fullerton Fund Management.See omnystudio.com/listener for privacy information.
8/23/2023 • 10 minutes, 23 seconds
Sports Minutes: FAS' Bernard Tan on why the return of the Lion City Cup is a step in the right direction for Singapore Football
FAS' acting President Bernard Tan is in the hot seat on this episode, as we talk about the return of the Lion City Cup after a 7-year hiatus. Why now, and what does this do in line with the Unleash the Roar campaign to spruce up the football scene here in Singapore?
Tickets available here:https://www.fas.org.sg/tickets/
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/23/2023 • 13 minutes
Culture Club: How landscape design can address modern-day challenges in Singapore
When it comes to creating breathtaking outdoor spaces, Singapore is a city that knows no bounds. From innovative designs to impeccable execution, we have mastered the art of transforming spaces into natural masterpieces.
Today, we speak with a landscape designer who has recently won Singapore’s highest design accolade, the 2023 President*s Design Award.
Leonard Ng, Country Market Director, Henning Larsen, APAC shares with us how he is reshaping Singapore’s urban environment, one captivating landscape at a time.See omnystudio.com/listener for privacy information.
8/23/2023 • 10 minutes, 44 seconds
Under the Radar: Cordlife Group CEO Tan Poh Lan on the private cord blood bank business; Whether cord blood storage generates long-term recurring revenue; Stickiness of customers; Demand across markets given price differentiation; OptiQ service and collaboration with AMILI
What comes to mind when you think of delivering newborn babies? Well, the baby comes out, and the umbilical cord is clamped, cut and discarded.
As we know today, cord blood is a very good source of blood stem cells and can be used in transplants to treat blood disorders and cancers.
So instead of throwing the umbilical cord away just like that, more parents are requesting to harvest cord blood from their newborn’s umbilical cord during delivery.
According to Health Hub, the blood is stored in liquid nitrogen tanks at about negative 180 degrees Celsius at a cord blood bank, and can be retrieved for use by the newborn when he or she grows up, or even by the newborn’s siblings.
But how do cord blood banks work exactly? What is the difference between some of the terms we hear, say private versus public cord blood banks? And to what extent is cord blood banking a business that generates long-term recurring revenue?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Tan Poh Lan, Group CEO and Executive Director, Cordlife.
Founded in 2001, the SGX-listed firm is a pioneer in private cord blood banking in Asia. It operates the region’s largest network of cord blood banks and is an industry leader in markets such as Singapore, Hong Kong and Indonesia. See omnystudio.com/listener for privacy information.
8/23/2023 • 15 minutes, 9 seconds
In the Spotlight: The future of the Singapore River precinct
The Singapore’s Business-Improvement District (BID) Plan was introduced to improve specific defined areas and enhance the vibrancy of each precinct.
With 10 such BID precincts in Singapore, the Singapore River especially, is one of the most iconic one as it commands a significant share of footfall, whether from locals or tourists and investments from businesses.
Michelle Koh, Executive Director, Singapore River One (SRO) shares more on SRO's efforts to keep the Singapore River precinct alive.See omnystudio.com/listener for privacy information.
8/23/2023 • 12 minutes, 2 seconds
Regional Roundup: Thailand welcomes new PM after political roller coaster
From Pheu Thai Party's Srettha Thavisin being elected as Thailand's new prime minister to the possibility of Malaysia suing Goldman Sachs over the 1MDB scandal.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
8/23/2023 • 8 minutes, 38 seconds
Sports Minutes: Manchester United part ways with Mason Greenwood
Manchester United forward Mason Greenwood will leave the club by mutual agreement after a six-month internal investigation into his conduct. Greenwood was arrested in January 2022 following allegations surrounding material which was published online. Charges against the 21-year-old England international, including attempted rape and assault, were dropped in February 2023.
Did the club make the right decision? And what about the way the matter was dealt with? Elliott and Raushan are joined by Deepanraj Ganesan, sports reporter with The Straits Times, to discuss.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/22/2023 • 18 minutes, 36 seconds
Market View: SGX RegCo on Dasin Retail Trust; Oxley’s profit guidance; Spikes in tomato, onion prices in India amid El Nino induced poor weather conditions; Softbank’s Arm files for NASDAQ IPO; S&P Global Ratings dimming outlook on US banks
Singapore stocks opened stronger today following overnight gains on the global market.
In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,162.71 points after 32.3 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Dasin Retail Trust after the Singapore Exchange Regulation issued a “trade with caution” alert for the trust yesterday.
Meanwhile, from India’s soaring food prices amid harsh weather conditions to computer chip company Arm filing for a NASDAQ listing, and S&P joining Moody’s in dimming its outlook on US banks – more international headlines remain in focus.
On Market View, the Drive Time team unpacked these developments with Matthias Chan, Head of Research at SAC Capital.See omnystudio.com/listener for privacy information.
8/22/2023 • 9 minutes, 1 second
Culture Club: From close protection officer to becoming former PM Goh’s security detail
Do you remember the 1992 film 'The Bodyguard' starring Kevin Costner and the late Whitney Houston in her movie acting debut? Did it give you an impression that being part of a security team is ‘glamorous’?
Our next guest is in a company that provides services in the realm of executive protection and risk consultancy solutions. And not only that, he was also part of the security detail team for former PM Goh Chok Tong.
Aron Chew, Assistant Manager, AETOS VP International shares more of his experience in the industry and his approach when it comes to assessing the unique security needs of high-profile clients seeking close protection serviceSee omnystudio.com/listener for privacy information.
8/22/2023 • 6 minutes, 41 seconds
Under the Radar: Sygnum Singapore’s CEO on banking licence in Switzerland; Capital Markets Services licence from MAS, in-principle approval for Major Payments Institution licence; Digital token brokerage services; Strong demand for crypto transactions by fund houses, family offices amid US banking crisis; Tokenisation of Picasso’s painting; Billion-dollar valuation
It’s all about digital assets today. Founded on Swiss and Singaporean heritage in 2017, our guest is Singtel-backed startup Sygnum, which touts itself as “the world’s first regulated digital asset bank”.
The company was awarded with its Swiss banking and securities dealer license in 2019 by the Swiss Financial Market Supervisory Authority or FINMA.
While the firm is not licensed as a bank here in Singapore, its Singapore arm Sygnum Singapore operates under a Capital Markets Services license from the Monetary Authority of Singapore to help accredited and institutional investors tap the digital asset markets.
More recently, Sygnum Singapore also received in-principle approval of the Major Payments Institution license from the MAS. That’s a move said to position the firm to provide regulated crypto brokerage service in future.
Quite a bit of jargon to get through, but at the heart of our conversation is this question – what exactly are the products and services offered by the firm and how do they differ by geography?
Meanwhile, the firm has on a group level participated on projects to tokenise paintings by artists such as Picasso – but how important is this as a business vertical for the firm?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Gerald Goh, Co-founder and CEO, Sygnum Singapore.See omnystudio.com/listener for privacy information.
8/22/2023 • 15 minutes, 5 seconds
In the Spotlight: Health and hygiene landscape in ASEAN, importance of building a cleaner and healthier world
Is sanitising your hands often a habit that has stuck with you in this post Covid-19 world? How important is it for us to continue with the good hygiene practices as we move forward in life?
And in an effort to continue evolving the health and hygiene landscape in the region, Reckitt has announced the launch of its new Research and Development (R&D) Centre in Singapore.
Vijayanand Sinha, President of ASEAN, Japan and Korea, Reckitt shares with us the role of innovation in changing up the health and hygiene landscape moving forward. See omnystudio.com/listener for privacy information.
8/22/2023 • 10 minutes, 50 seconds
China Perspective: China sends 'serious warning' to Taiwan with military drills
From China launching military drills around Taiwan over the weekend to the country’s authorities publicly accusing a government worker of spying for the CIA.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
8/22/2023 • 6 minutes, 5 seconds
Sports Minutes: The seismic impact of the 2023 Women's World cup
Spain reigned supreme to be crowned World Champions down under, but the true winners of the 2023 Women's World cup could be more than just La Roja. Sara Merican, former National Footballer and Singapore women's premier league champion, joins us to discuss and dissect the tournament and it's far-reaching impact on the women's game.
READ MORE:https://www.straitstimes.com/sport/football/why-is-women-s-football-worth-it-this-is-why
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/21/2023 • 12 minutes, 52 seconds
Market View: Singtel’s Q1 net profit down 23.1% yoy; China’s smaller-than-expected rate cut, Impact on Chinese blue chips; Citigroup reportedly mulling plan to disband its Institutional Clients Group; Jackson Hole Symposium, Fed Chair Jerome Powell to speak
Singapore stocks opened weaker today after global markets ended the week mixed.
In early trade, the Straits Times Index (STI) headed down 0.6 per cent to 3,155.93 points after 181.9 million securities changed hands across the broader market.
In terms of companies to watch for today, we have Singtel, after the telecommunications operator posted a net profit of S$483 million for the first quarter ended June.
Elsewhere, from China’s smaller than expected cut to lending rates to a media report of Citi considering a plan to disband its Institutional Clients Group and what to expect at the Jackson Hole symposium later this week, more international headlines are in focus.
On Market View, the Drive Time team unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
8/21/2023 • 8 minutes, 33 seconds
Culture Club: 'Are You At Risk?' - Singapore's first free lung screening program for lower-income families
Lung cancer is the first and third leading cause of death for males and females in Singapore. It accounts for one in six cancer incidents in male patients above the age of 80 and is also common among older females.
365 Cancer Prevention Society, a non-profit organisation that serves the community in its tri-fold mission - Cancer Prevention, Cancer Fighting and Cancer Education, has launched Are You At Risk?, Singapore's first free lung screening program for lower-income families from now to 30 September 2023.
To find out more, we speak with Andrew Soh, Assistant Director for Fundraising, Marketing and Volunteer Management at 365 Cancer Prevention Society and Dr Wong Siew Wei, Senior Consultant, Parkway Cancer Centre.See omnystudio.com/listener for privacy information.
8/21/2023 • 13 minutes, 31 seconds
In the Spotlight: Why Gen Zs are less emotionally tied to local businesses?
The latest American Express (Amex) Shop Small Research has unveiled generational differences in our support for local businesses. So are Singaporeans supporting local businesses enough?
According to the report, it looks like the younger generations see less importance in supporting locals compared to the older generations.
Marlin Brown, Singapore Country Manager, American Express shares more with us on the findings from this report and what local businesses can do to get the support from Gen Zs? See omnystudio.com/listener for privacy information.
8/21/2023 • 9 minutes, 51 seconds
Under the Radar: Centurion Corporation on its 16% yoy increase in earrings for H1 FY2023; On financial occupancy for purpose built accommodation; Shortage of worker dorms in Singapore; Disposal of property in Seoul; Withdrawal of HKSE listing
Purpose built workers and student accommodation – that’s what we’re going to talk about on the segment today.
Headquartered in Singapore, our guest Centurion Corporation owns, develops and manages quality specialised accommodation assets.
This includes Purpose Built Worker Accommodation in Singapore and Malaysia, and Purpose Built Student Accommodation across Australia, South Korea, the UK and the US.
As at the end of March last year, the firm offers a home-away from home to more than 64,000 (64,300) residents across 17 worker accommodation and 19 student accommodation.
But what is the number like right now given that the company reported their financial results not too long ago?
The SGX-listed firm is also withdrawing its secondary share listing on the Hong Kong Stock Exchanges for what it all “reasons of cost and utility”, but what will the withdrawal mean for the firm financially?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to David Phey, Head of Investor Relations at Centurion Corporation.See omnystudio.com/listener for privacy information.
8/21/2023 • 13 minutes, 58 seconds
Washington Report: Will Donald Trump regret skipping the first GOP presidential debate?
Donald Trump has confirmed that he will not attend the first Republican primary debate on Wednesday, amid reports that he is weighing several options in an attempt to upstage the opening event in the party’s nominating contest.
Will he change his mind? How will Donald rump’s absence impact the GOP debate?
For more on this and the key issues that could shape the first debate of the 2024 vote, we speak with Pushan Dutt, Professor of Economics, INSEAD.
See omnystudio.com/listener for privacy information.
8/21/2023 • 10 minutes, 20 seconds
Sports Minutes: Team Flash making a splash with yet another regional partnership
Asian esports organisation Team Flash has announced a partnership with Vietnamese football club Hai Phong FC.The organisation and the club have signed a Memorandum of Understanding (MOU) enabling the two parties to collaborate on a range of activations. What exactly are these collaborations? Mark Chew, CEO of Team Flash joins us to shed some light.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/18/2023 • 11 minutes, 17 seconds
Culture Club: Guide to Singapore Night Festival 2023
Forget your history textbook, a brand new theatrical projection will make 700 years of Singapore’s history come to life in six minutes. 700 Years is part of this year’s Singapore Night Festival, which will be running till August 26 and features more than 50 experiences including performances, night installations and three festival villages.
David Chew, Festival Director, Singapore Night Festival 2023 shares more with us on what visitors can expect from this year's edition. See omnystudio.com/listener for privacy information.
8/18/2023 • 13 minutes, 21 seconds
In The Spotlight: The dangers of Al hallucinations - How brands can help Al through its limitations
While generative AI’s answers might sound believable, they can be factually incorrect – or worse, subjective. Now, imagine that AI running your store, or your Shopee platform.
The implications of ‘AI hallucination’ — where it makes up information in a convincing way, can range from misquoting prices to recommending products that don’t even exist.
We speak with Henson Tsai, Founder and CEO of SleekFlow about the root cause of this major design issue across AI models and how to navigate these challenges.
See omnystudio.com/listener for privacy information.
8/18/2023 • 9 minutes, 29 seconds
Weekly Wrap Up: What to expect from PM Lee's National Day Rally speech
Prime Minister Lee Hsien Loong will deliver his 2023 National Day Rally speech at 6.45pm this weekend. But after all the political roller coaster Singapore has gone through the last few months, how would the tone of this National Day Rally be like?
Dr. Felix Tan, Political Observer, Nanyang Technological University shares his views. See omnystudio.com/listener for privacy information.
8/18/2023 • 8 minutes, 16 seconds
Sports Minutes: Why netball is on the rise once again in Singapore
Despite being the lowest-ranked team at the 2023 Netball World Cup, Team Singapore gave a glowing account of themselves as they beat world No.15 Sri Lanka, who are six-time Asian champions, twice in Cape Town. With the Nations Cup and Asian Netball Championship on the horizon, how will Netball Singapore continue to grow from strength to strength? Annette Bishop, Head Coach of Netball Singapore, and Amandeep Chahal, player - join us to tell us more.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/17/2023 • 13 minutes, 35 seconds
Culture Club: Maintaining Brass Lion Distillery's unique brand identity, the role of intellectual property
It all began in 2012 when our next guest realised that Singapore did not have a spirit to call its own. It sparked her six-year journey to master the art and science of distillation under master distillers all over the world.
At the end of it all, it culminated in Singapore’s first fully fledged micro-distillery, Brass Lion Distillery which produces spirits that encapsulate the essence of Singapore.
Jamie Koh, Founder, Brass Lion Distillery shares more on her experience. See omnystudio.com/listener for privacy information.
8/17/2023 • 13 minutes, 19 seconds
In The Spotlight: Have passport will travel? Singaporeans' appetite for travel remains despite rising costs
Even with the rising costs of living and GST, 89% of Singaporeans are still determined to spend on travel.
Skyscanner's Travel in Focus 2023 Report also shows that Singaporean travellers are opportunistic and deal-conscious travellers who are always ready to switch up their plans in a heartbeat if they stumble upon a better deal.
We speak with Cyndi Hui, Travel Trends and Destination Expert at Skyscannerfor all hacks and tools to help Singapore travellers book pocket-friendly getaways.See omnystudio.com/listener for privacy information.
8/17/2023 • 11 minutes, 47 seconds
Euro Watch: The collapse of the Russian ruble & its impact on Putin's war in Ukraine
The ruble has lost roughly a quarter of its value against the dollar since Russia invaded Ukraine last year. Western sanctions have harmed Russia’s trade balance, and military spending has soared as the war goes on with no end in sight.
In an emergency meeting on Tuesday, Russia’s central bank governing board decided to increase interest rates by 3.5 percentage points, reaching 12%.
How will the collapse of the ruble impact Putin's war in Ukraine? We discuss this with Dr Samir Puri, Visiting Lecturer in War Studies at King's College London and author of 'Russia's Road to War with Ukraine.See omnystudio.com/listener for privacy information.
8/17/2023 • 11 minutes, 8 seconds
Sports Minutes: Pipped to Caceido & Lavia, what now for Klopp's Liverpool?
How did it come to this? Liverpool were not long ago renowned for their efficiency and effectiveness in the transfer market. Now they have been usurped by Chelsea not once, but twice! Where does this leave Klopp & co.? Plus will City be in the hunt for a new midfielder too, after De Bruyne's latest injury?
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/16/2023 • 12 minutes, 28 seconds
Culture Club: Bringing motosports action to Sentosa
On your mark, get set, RACE! The Inaugural Sprint Fest 2023 which happened in July brought adrenaline-pumping car racing action to Sentosa Palawan Green for the first time. But what were the challenges in bringing such motorsports action to Singapore?
Glenn Lum, Co-Founder, 2+1 Concepts shares his experience.
See omnystudio.com/listener for privacy information.
8/16/2023 • 10 minutes, 8 seconds
In The Spotlight: It’s time to make AI work for Singapore’s workforce
Organizations are increasingly discovering the power of human centered AI, which is reshaping the workforce and transforming the role and overall contribution of HR to business results.
In view of this, we speak with Chaitanya, Co-founder of Darwinbox to find out why companies should tap into the full potential of AI and how the landscape for it will thrive and grow manifold in the years to come.See omnystudio.com/listener for privacy information.
8/16/2023 • 11 minutes, 9 seconds
Regional Roundup: Did we see a rejection of Anwar's unity government at the state elections?
So who were the biggest winners and losers in the recently concluded Malaysian state election and did a strong opposition performance show a rejection of Anwar's unity government?
Adib Zalkapli, Director, BowerGroupAsia gives us his analysis of this election. See omnystudio.com/listener for privacy information.
8/16/2023 • 7 minutes, 34 seconds
In The Spotlight: Why tech is reshaping brand engagement
As content consumption shifts towards online platforms, consumers are increasingly relying on their social networks to assess the credibility of products and services.
How can a social commerce platform transforms consumer engagement into tangible revenue for businesses through peer recommendation?
We find out from Bernard Teo, Co-founder and CEO, YouAdMe.See omnystudio.com/listener for privacy information.
8/16/2023 • 10 minutes, 33 seconds
Sports Minutes: A brave new world as the Saudi Pro League kicks off in earnest
Cristiano Ronaldo may have sat out the opening weekend of the Saudi Pro League due an injury, but that didn't stop the stars from shining bright in the Middle East. With the likes of Allan Saint-Maximin, Sadio Mane, Roberto Firmino and Jordan Henderson all making their league debuts, what can we expect in this brave new football frontier? Deepanraj Ganesan, sports reporter with The Straits Times, joins us from Jeddah to tell us all about his experience and observations from the ground.
READ MORE:https://www.straitstimes.com/sport/football/meet-the-former-chelsea-transfer-guru-who-s-shaping-saudi-arabian-football
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/15/2023 • 14 minutes, 11 seconds
Market View: SGX-listed Chinese property stocks/Reits – Yanlord Land Group, Dasin Retail Group; China to stop releasing youth jobless data; Semiconductor firms Frencken and UMS; Japan’s Q2 GDP - does it mask weakness in the household sector; Tesla lowers prices in the US
Singapore shares edged up this morning, tracking gains in the US and Europe markets.
In early trade, the Straits Times Index (STI) climbed 0.1 per cent to 3,250.52 points after 53.4 million securities changed hands in the broader market.
The semiconductor industry remains in focus after mainboard-listed UMS recorded a 42.4 per cent year-on-year drop in net profit to S$11.6 million for the second quarter ended June.
Meanwhile, China-focused property stocks and Reits listed in Singapore are also at the front and centre of investors’ minds after the country’s central bank unexpectedly cut rates to support its economy.
On Market View, the Drive Time team unpacked these developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.See omnystudio.com/listener for privacy information.
8/15/2023 • 10 minutes, 52 seconds
China Perspective: Is the new US-China tech ban not only about technology?
From China's possible retaliation after the White House's ban on US investment in Chinese tech sectors to Beijing condemning the US for receiving Taiwanese ‘troublemaker’ Vice President William Lai.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
8/15/2023 • 9 minutes, 19 seconds
Sports Minutes: Hassan Sunny on becoming the first player to win FOUR league titles with FOUR different clubs
A household name in local football, Hassan Sunny became the first footballer to win FOUR league titles with FOUR different teams as his all-conquering Albirex Niigata team sealed a SIXTH championship in eight years. What is the secret to the White Swans supremacy, and what is the secret behind Hassan's longevity? Superman himself tells us!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/14/2023 • 12 minutes, 21 seconds
Market View: ST Engineering and OCBC; Olam Group’s 88.8% yoy decline in net profit; Singapore’s competition watchdog on Grab’s proposed purchase of Transcab; Country Garden suspending onshore bond trading, China’s shadow banking industry; SK Telekom invests in Anthropic; Rakuten Group shares surge on narrowing losses at mobile unit; Tesla cuts price of two Model Y vehicles in China
Singapore stocks opened lower today amid a mixed performance in global markets.
In early trade, the Straits Times Index (STI) was down 1.2 per cent to 3,253.47 points after 53.4 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Olam Group, after the agri food giant posted on Friday an 88.8 per cent decline in net profit to S$48 million, due to a one-off exceptional loss on lower almond yields in Australia.
Elsewhere, from China’s Country Garden suspending onshore bond trading to Rakuten Group’s shares surging on narrowing losses at its cash bleeding mobile unit – more international headlines are in focus.
On Market View, the Drive Time team unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
8/14/2023 • 9 minutes, 42 seconds
Culture Club: Is a car subscription model more flexible than traditional car rentals?
With concerns about the rising COE premium and cost of living, younger Singaporeans, especially families with young children, are looking for alternative affordable options to still enjoy the convenience of owning a car.What if there was a flexible, fuss-free option without the worry of various costs such as insurance & road tax, maintenance & servicing, down payment and bank loans?
Car subscriptions are a new way of experiencing just that. But how is it different from traditional car rental and car sharing?
We find out more from Sanjay Shivkumar, Singapore Head of Autos, Carousell and Kim Jonsson, CEO, Carzuno.See omnystudio.com/listener for privacy information.
8/14/2023 • 13 minutes, 4 seconds
In the Spotlight: Traits of e-shopaholics, why they are important to e-commerce seller
As we move beyond the pandemic, offline shopping appears to be returning to the pre-pandemic stage with shoppers looking to connect with brands in-person. Coupled with other global macroeconomic headwinds, it seems like SEA’s e-commerce boom is slowing down.
But guess what, it is not, largely thanks to a group of people called ‘e-shopaholic'. So what are the traits of ‘e-shopaholics’?
Winston Seow, Chief Marketing Officer, Ninja Van Group shares the traits and how can e-commerce businesses influence them to shop with them. See omnystudio.com/listener for privacy information.
8/14/2023 • 9 minutes, 41 seconds
Under the Radar: POP MART's focus on Intellectual Property (IP); Navigating relationships with designers; Working with Warner Bros, Disney, World of WarCraft to produce co-branded IPs; If POP MARTs retail expansion plans contradict with its diversification away from toy manufacturing
It is all about art toys and figurines for today. Founded in 2010, our guest POP MART is a culture and entertainment company.
The firm creates art toys and collectible pieces sold through its network of retail stores or vending machines.
POP MART made its debut on the Hong Kong Stock Exchange in 2020 with a market capitalisation of US$12.5 billion at the end of its first trading day.
Aside from manufacturing and selling toys, the firm also puts a focus on developing artists that provide intellectual property that can be made into toys, figurines or other products.
To this end, the company works with renowned international designers such as Kenny Wong for its iconic character called Molly. If you are a collector, you would probably know of Molly as a little girl with emerald eyes and pouting lips, or simply one of the firm’s best selling characters.
Beyond working with artists, POP MART also collaborated with global brands such as Disney, Universal Studios and Sanrio to come up with co-branded products.
Question is – how does the firm navigate its relationship with designers and corporates given that they are considered as the lifeblood of the company?
The company is on the charm offensive to expand internationally by opening retail stores around the world, but it is also diversifying away from toy manufacturing at the same time.
To what extent do these moves contradict each other? And what is POP MART’s grand plan for the future?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Kevin Zhang, Head of Strategic Partnership, POP MART.See omnystudio.com/listener for privacy information.
8/14/2023 • 28 minutes, 48 seconds
Washington Report: Unpacking Donald Trump & Hunter Biden's growing legal troubles
A sudden twist in the investigation into Hunter Biden means his legal troubles will likely stretch on for months, creating an unwelcome drag on US President Joe Biden's reelection bid.
Meanwhile, Donald Trump could face a fourth indictment this week in Georgia. Fulton County District Attorney Fani Willis will begin presenting evidence to a grand jury related to an investigation into possible election interference by the former president in 2020.
Steve Okun, Senior Advisor, McLarty Associates joins the Drive Time team for the latest developments.See omnystudio.com/listener for privacy information.
8/14/2023 • 11 minutes, 35 seconds
Sports Minutes: The new Premier League season beckons!
With the brand new Premier League season almost upon us, we weigh out who looks ready to do battle and who looks a little undercooked. Plus with the transfer window still in full-swing, we could see plenty more movers and shakers before it slams shut! Tune in as Elliott and Raushan gear you up for another breathtaking season of football ahead!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/11/2023 • 13 minutes, 4 seconds
Market View: Singapore’s full-year growth forecast narrowed to between 0.5 and 1.5%; UBS to not need 9b Swiss franc backstop from Swiss government; Cooler-than-expected US CPI in July; Jobless claims data in the US; Tapestry to buy Capri Holdings in US$8.5b deal
Singapore shares slipped at the open today, after the Ministry of Trade and Industry narrowed its official full-year growth forecast for 2023, citing a weak external demand outlook for the rest of the year.
In early trade, the Straits Times Index (STI) inched down 0.2 per cent to 3,316 points after 34.1 million securities changed hands in the broader market.
In terms of companies to watch today, we have Genting Singapore, after the integrated resorts operator posted a net profit of S$276.7 million for the six months ended June.
That’s more than three times the S$84.4 million in earnings in the same period a year ago.
Meanwhile, economic developments out of Singapore and the US remain in focus for the day.
On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
8/11/2023 • 8 minutes, 35 seconds
Culture Club: The secret to longevity for homegrown brand like Sundown Festival
Get your music festival outfits ready because Sundown Festival is set to make its comeback this weekend. Headlining the event is Mandopop star Jam Hsiao, Malaysian rapper Namewee, DJ Kim Lee, and internationally renowned DJs R3HAB and Firebeatz.
We find out more from Kelvin Goh, Director & Co-founder of Sundown Festival and Rudolph Van Der Van, Sundown Festival Director, Red Spade Entertainment.See omnystudio.com/listener for privacy information.
8/11/2023 • 12 minutes, 40 seconds
In The Spotlight: Sennheiser's solutions for small & mid-sized collaboration spaces
As we return to a post-pandemic world, many companies are inviting employees back to the office. Two years into this new normal, most of us have gotten the hang of video meetings. But why are hybrid meetings much more complicated?
We speak with Petteri Murto, Vice President of Sales, Business Communication, Sennheiser Asia-Pacific to find out how they're elevating meeting and conferencing experiences.See omnystudio.com/listener for privacy information.
8/11/2023 • 13 minutes, 41 seconds
Under the Radar: The’pre-fab’ equivalent of coding – Low code platform Outsystems on client base including pharma giant Takeda and Indonesian telco Telkomsel; Demand for low code solutions amid IT talent shortage; Working with Temus on Step IT Up programme; How Generative AI impact Outsystems’ regional plans
You might have heard of computer coding. But have you heard of low code?
If you haven’t, low code refers to a process of developing software that minimises the lines of computer codes that developers need to write manually.
It might be a little hard to visualise, but think of low coding as the pre-fabrication of apartments. Computer codes are packaged into drag and drop icons just like individual pre-fab modules.
All that software developers need to do to build an app is mix and match these icons, , or pre-fab modules, in the way that they want. And all the action happens at a construction site, or a user interface, that is highly intuitive to the man in the street.
Low code is important to the tech industry because it democratises app developers for people with little experience in this field. It also allows organisations to introduce new enterprise software quickly without hiring a large number of experienced developers.
But how will Generative AI shake things up, now that computer codes can be produced from language text prompts?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed the question to Leonard Tan, Regional Director, Singapore and Greater China Region at low code solutions provider Outsystems.
Founded in 2001, Outsystems’ firm’s low code platform serves thousands of active customers in 87 countries and across 22 industries, including Japanese pharmaceutical giant Takeda and Indonesian telecommunications operator Telkomsel.See omnystudio.com/listener for privacy information.
8/11/2023 • 14 minutes, 30 seconds
Market View: CapitaLand Investment’s new business park development fund; CDL’s earnings; China ‘s consumer prices fell into deflation in July; Japan, South Korea’s tourism stocks on the rise on prospects of China allowing group tours to the countries; Expectations for US inflation; WeWork’s ability to stay in business, impact on markets such as New York City
Singapore shares dipped this morning, following a mixed showing in global markets overnight.
In early trade, the Straits Times Index (STI) inched down 0.1 per cent to 3,312.16 points after 42.3 million securities changed hands in the broader market.
In terms of companies to watch, we have CapitaLand Investment. The company today announced the launch of a business park development fund to invest in Grade A business parks in prime locations across gateway cities in India, but how significant is this move?
Meanwhile, from China’s slip into deflation and Japan and South Korea’s tourism stocks on the rise, to WeWork’s struggle and the potential impact on markets such as New York City – more international headlines are in focus.
On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
8/10/2023 • 12 minutes, 40 seconds
Sports Minutes: As Maguire nears Manchester United exit, an end of an era or error?
Diving into the complex world of Harry Maguire: From captain to controversy, fame to struggle, and changing perceptions. Exploring the highs, lows, and complicated journey of the world's most expensive defender. As the much maligned defender edges closer to departing Manchester United - Deepanraj Ganesan, sports reporter with The Straits times, joins Raushan and Elliott on this tasty debate on Maguire's legacy. We also hear from Rio Ferdinand and Darren Bent, who share their thoughts on the defender.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/10/2023 • 12 minutes, 56 seconds
Culture Club: Ditching the corporate world for cakes
Would you quit your day time job to pursue a passion? This entrepreneur left the corporate world to pursue her pastry dreams. Having spent six years specialising in marketing and advertising, she took a leap of faith in 2013 by embarking on a sabbatical to explore her true calling. Her story is a testament to the determination and resilience that many women entrepreneurs possess.
Jiawen Lin, Founder & Chef Owner, Arc-en-ciel Patisserie Singapore shares more about her experience in taking that leap into the pastry world.See omnystudio.com/listener for privacy information.
8/10/2023 • 10 minutes, 30 seconds
Under the Radar: Behind music, concerts and A-listers the likes of Coldplay – Warner Music Singapore on published vs recorded music; Strategic value of Artists & Repertoire department; Recent financial results; Improved streaming growth; Concert boom in Singapore on music distribution decisions; Agreements with TikTok Music, Cross Ratio Entertainment
It’s all about music and concerts today. With a legacy that spans over 200 years, Warner Music Group, brings together songwriters, artists and entrepreneurs that are moving entertainment culture across the world.
The firm has a recorded music division that operates in over 70 countries via a network of affiliate and licensees.
It includes a number of renowned labels including 300 Entertainment and Atlantic, and manages some of the biggest A-listers in the world of music including Coldplay, Bruno Mars, Ed Sheeran.
Aside from managing singers and bands and distributing music, the firm also has a music publishing arm called Warner Chappell Music where it holds over one million copyrights of songs across genres.
But how exactly does an entertainment company like Warner Music Group operate? What is the difference between the operations of the published and recorded music departments?
What strategic value does the artists and repertoire (or A&R) department, which is responsible for scouting recording artists and nurturing them, bring to the table for Warner Music Group?
Also – the Group recently reported improved streaming driven by a stronger release slate, but what is the situation here in Singapore? How does the recent concert boom mean for music distribution?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Gerald Ang, Managing Director, Warner Music Singapore.See omnystudio.com/listener for privacy information.
8/10/2023 • 23 minutes, 45 seconds
In The Spotlight: How Southeast Asia’s smaller hospitality players can stay competitive in the current boom period
The tourism industry, particularly the hotels, is finally witnessing a ray of light post-pandemic. It is undeniable that the more prominent players in the industry are reaping the benefits of the sudden influx of tourism. But what about smaller hospitality organisations that can’t fully capitalise on the influx of tourists due to the lack of manpower? How can they can stay afloat and also fully capitalise on the surge of tourism?
We find out from Vikram Malhi, CEO and Founder of ZUZU Hospitality, a provider of revenue platform for independent hotels.See omnystudio.com/listener for privacy information.
8/10/2023 • 13 minutes, 25 seconds
Euro Watch: China-Russia differences - Is there a turning point for the Ukraine conflict?
More than 40 countries, including China, India, the US, and European countries, but not Russia, took part in peace talks in Saudi Arabia that ended on Sunday.
Given China’s recent differences with Russia, and a recent spat over a viral video of Chinese citizens being detained at the Russian border - is a turning point in sight for the Ukraine war?
We find out from Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific.See omnystudio.com/listener for privacy information.
8/10/2023 • 6 minutes, 46 seconds
Sports Minutes: What is the Singapore spirit?
Ahead of Singapore's 58th birthday, we commemorate National Day in conversation with the Lions' skipper Hariss Harun. Embodying Singapore’s spirit of resilience, the 33-year old talks to us about juggling life as a pro-footballer, a dad, a friend and a full-time student.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/8/2023 • 14 minutes, 10 seconds
Market View: Net interest margin outlook for Singapore banks; S-Reits’ distribution; China’s imports and exports fell much faster than expected in July; China + ASEAN and India exposure; Moody’s cut credit ratings of small to mid-sized banks; puts 6 banking giants on review for potential downgrades
Singapore shares edged up at the open today, tracking overnight gains in the US and Europe.
In early trade, the Straits Times Index (STI) rose 0.1 per cent to 3,313.22 points after 63.1 million securities changed hands in the broader market.
In terms of sectors to watch, Singapore’s banking scene continues to be at the front and centre of investors’ minds as banks registered resilient results for the second quarter of 2023.
Elsewhere, from the latest trade numbers out of China to ASEAN being a bright spot amid shifts in global supply chains and Moody’s cutting credit ratings of several small to mid-sized US banks – international headlines continue to be in focus.
On Market View, the Drive Time team unpacked these developments with James Cheo, Chief Investment Officer, Southeast Asia at HSBC Global Private Banking and Wealth.See omnystudio.com/listener for privacy information.
8/8/2023 • 9 minutes, 18 seconds
Culture Club: Singapore’s first-ever physical live auction for pre-owned cars
Singapore automotive company Dickson Group has debuted an in-person live auction for used cars, which it says will give sellers a better price. The event offers vehicle owners the opportunity to receive higher returns for their pre-owned vehicles, on top of the selling price of their vehicles to Dickson.
Will live car auctions become the next big thing to spice up the used car market in Singapore? We find out from Kim Wah Boon, CEO & Founder, Dickson Group.See omnystudio.com/listener for privacy information.
8/8/2023 • 10 minutes, 27 seconds
Under the Radar: Flying an F16 without taking off – the business of retail flight simulation centres; On targeting pilot trainees and corporate clients looking for aviation-themed leadership training programmes; Higher fixed costs vs lower overheads; Size of retail flight simulator market; Positioning against flight schools, flying clubs in Singapore, Malaysia and Perth and team bonding activity providers
It’s that time of the year again where we see and hear fighter jets soar in the skies in celebration of National Day.
But if you want to be a Top Gun fighter in Singapore without leaving the ground – a trip to a retail flight simulator centre may be one of your better bets.
Our guest for today is WingsAcademy.sg, which prides itself as Singapore’s latest retail flight simulator centre offering simulator experiences in fighter jets such as the F-16C Fighting Falcon and commercial jets like the Boeing 737-800.
The company says it is not only targeting pilot trainees looking to get their flying licences as their customers, but also corporate clients looking for aviation themed leadership and management training programmes.
These corporate programmes can cost about S$12,000 for one person. So how lucrative is the business of flight simulators given that firms seem to operate with high fixed costs of acquiring the simulators and relatively lower overheads?
Meanwhile, Fortune Business Insights estimates the global flight simulator market – which looks at simulator providers servicing airlines – to grow from US$4.89 billion in 2023 to US$6.99 billion in 2030.
But how big do industry players expect the market for retail flight simulators to be?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Fabian Lim, Founder and CEO of WingsAcademy.sg and Mark Lim, Co-founder at WingsAcademy.sg for more. See omnystudio.com/listener for privacy information.
8/8/2023 • 13 minutes, 11 seconds
China Perspective: What China stands to gain from Ukraine peace talks
High-level Ukraine peace talks hosted by Saudi Arabia wrapped up over the weekend. Did the summit yield any progress in ending the war? Perhaps not, but they did focus attention on one global power broker: China. What can we make of China’s attendance, and its evolving position in the ongoing conflict?
We speak with Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs to discuss the key headlines out of China. See omnystudio.com/listener for privacy information.
8/8/2023 • 8 minutes, 51 seconds
In The Spotlight: The future of lawyering, how legal education will change in the 21st century
Technology is changing the way we work, live, and think. It is also becoming increasingly pervasive across many industries and professions, and the legal industry is no exception. How is tech changing the way lawyers work and how will it shape the future of the legal profession?
We speak with David B Wilkins, Faculty Director, Center on the Legal Profession, Harvard Law School to find out more.
See omnystudio.com/listener for privacy information.
8/8/2023 • 16 minutes, 4 seconds
Sports Minutes: Arsenal's 'statement' win over City, a sign of Premier League season ahead?
Arsenal gave their hopes of beating Manchester City to the Premier League title a mental boost as they defeated Pep Guardiola's side on penalties to win the 2023 Community Shield. But is this merely a glorified pre-season friendly? Or will the psychological impact give the Gunners a upper hand in the season ahead?
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/7/2023 • 11 minutes, 50 seconds
Market View: SIA to hike frequencies of flights to key destinations; Sembcorp Industries, Venture Corp; OUE Healthcare earnings down 79% yoy; Unitholders of Sabana Reit vote to remove manager; Apple’s sales slump to continue into current quarter; Warner Bro’s Barbie reaching US$1b at box office
Singapore shares started the week in positive territory following a mixed showing in global markets overnight.
In early trade, the Straits Times Index (STI) rose 0.1 per cent to 3,296.84 points after 28.9 million securities changed hands in the broader market.
In terms of companies to watch for today, we have OUE Healthcare. That’s after the Catalist-listed healthcare group posted earnings of S$1.8 million for the first half of the year ended June.
Elsewhere from Singapore airlines planning to hike frequencies of its flight services to key destinations to unit holders of Sabana Reit voting to remove its manager – more corporate headlines are in store.
Also on the table – Warner Bro’s Barbie movie reaching US$1 billion at the box office to Apple seeing US$130 billion erased from its market valuation.
On Market View, the Drive Time team unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
8/7/2023 • 10 minutes, 5 seconds
Culture Club: ACM adds Andrew Gn’s design worn by Her Royal Highness the Princess of Wales to its latest special exhibition
If you remember, Catherine, Princess of Wales was wearing a green dress at the Trooping the Colour ceremony that took place on 17 June. But did you know that she has worn a design by a Singaporean designer before?
You can now see this dress here in Singapore. The Asian Civilisations Museum has added a new dress to its ongoing special exhibition Andrew Gn: Fashioning Singapore and the World, a retrospective tracing the fashion journey of one of Singapore’s most prolific designers. Kennie Ting, Director, ACM and Peranakan Museum shares more.See omnystudio.com/listener for privacy information.
8/7/2023 • 10 minutes, 13 seconds
Under the Radar: Creating, detecting and manipulating light - Nanolumi on the use of luminescent materials for TV displays; product authentication, fuel marking, bioimaging; Working with government entities, bunkering firms; Accelerating the growth of a nascent market; Backers including SGInnovate;
Nanomaterials that could create, detect and manipulate light – that’s what we’re going to talk about today.
It may sound like a sci-fi movie, but these so-called ‘optical materials’ are widely used in our daily lives.
Think about the nanocrystals used to emit bright and life-like colours in our TV displays, or luminous materials in invisible inks used to mark barrels of oils for tax accounting purposes, and even materials that light up to allow researchers to view the vascular structure in our bodies.
Founded in 2018, our guest Nanolumi is an advanced materials company that uses cutting edge chemistries to provide nanocrystals and invisible inks I mentioned earlier.
Aside from that, such light emitting materials can also be used to track goods such as automotive parts and electronics throughout their supply chain and prevent counterfeit goods.
But how does this work exactly, and how much money does this represent for Nanolumi?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Jax Lee, CEO, Nanolumi.See omnystudio.com/listener for privacy information.
8/7/2023 • 17 minutes, 19 seconds
In The Spotlight: Digital blindspot - Can SMEs leave old-school marketing behind?
Yep, some small businesses still think old-school marketing works best. Despite being the biggest spenders in tech, there are still many Singaporean SMEs that fall through the cracks of digitalisation — a shocking 20% of Singaporean SMEs have either just started or have yet to embark on the journey of digitalisation.
What is the cost of being left out of the business digitalisation wave? What more can be done to help SME founders understand the value of digitalisation, and find the resources and talent needed to succeed in today’s e-commerce-driven world?
We find out from Chan Kee Siak, Founder & CEO, Exabytes Group.
See omnystudio.com/listener for privacy information.
8/7/2023 • 9 minutes, 40 seconds
Washington Report: Donald Trump calls for judge's recusal, venue change in his 2020 election case. Will this help his case?
Former US President Donald Trump is asking for the federal judge presiding in his criminal case over his attempts to overturn the 2020 election to recuse herself, along with a change of venue outside of the District of Columbia, accusing the judge of being partial against him. Will these changes be granted? And what happens next in Trump’s busy legal schedule?
We find out from Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College.See omnystudio.com/listener for privacy information.
8/7/2023 • 9 minutes, 5 seconds
Sports Minutes: Are you afraid of losing your team's best player to Saudi football?
The 2023 summer transfer window has seen big-name players such as Sadio Mane, Ruben Neves, Karim Benzema and Roberto Firmino all move to clubs in Saudia Arabia for lucrative offers. Are you afraid your team's best player may be the next to follow suit?
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/4/2023 • 11 minutes, 40 seconds
Culture Club: FIND - Design Fair Asia - The best of Asia's design industry
FIND – Design Fair Asia is set to return for its second edition after its successful debut in 2022, as part of Singapore Design Week. The event will be returning to the iconic Marina Bay Sands, Sands Expo & Convention Centre, Level 1, Halls A, B, and C from 21 - 23 September 2023.
FIND Design Fair Asia is gearing up to welcome over 15,000 visitors, 350 international brands, and 50 distinguished speakers during the Global Summit. The gathering of industry leaders, suppliers, and creative minds will undoubtedly make it a must-attend event for professionals and enthusiasts alike. So what can we expect from this year's edition?
We find out from Carl Press, Director of FIND - Design Fair Asia and Yoko Choy, Chair of Content for FIND – Design Fair Asia.
See omnystudio.com/listener for privacy information.
8/4/2023 • 12 minutes, 44 seconds
In the Spotlight: SG ranks 6th most peaceful country in Global Peace Index 2023, why are we not on top?
We live in Singapore and we all know how peaceful life is here in this tiny island. But interestingly, according to the 17th edition of the Global Peace Index (GPI) is now the 6th most peaceful country in the world. So how does the Institute for Economics and Peace (IEP) measure 'peace' for this index?
Steve Killelea, Founder & Executive Chairman, Institute for Economics and Peace shares more.
See omnystudio.com/listener for privacy information.
8/4/2023 • 12 minutes, 30 seconds
Weekly Wrap Up: PM Lee addresses concerns on political crisis, but were all our questions, answered?
Prime Minister Lee Hsien Loong has given a ministerial statement to address concerns over the Corrupt Practices Investigation Bureau’s (CPIB) investigation into Transport Minister S Iswaran and the resignation of Members of Parliament (MPs) Tan Chuan Jin and Cheng Li Hui. But were all the burning questions answered in his statement?
PN Balji, Political Commentator & Veteran Journalist shares his thoughts. See omnystudio.com/listener for privacy information.
8/4/2023 • 11 minutes, 43 seconds
Sports Minutes: A fitting ending to Singapore's Festival of Football!
A 7-goal thriller between European powerhouses Bayern and Liverpool proved a fitting ending to the two-week long Festival of Football here in Singapore. Listen in as Jurgen Klopp and Thomas Tuchel have their say on the tournament, while fans weigh in on the price and pain points of the fiesta!
READ MORE:https://www.straitstimes.com/sport/football/fans-make-liverpool-feel-at-home-even-as-bayern-spoil-the-kallang-party
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/3/2023 • 12 minutes, 27 seconds
Culture Club: Farm-to-table produce - Can you grow your own food at home?
The demand for locally sourced, sustainable food has reached a tipping point in Singapore. According to recent data, the Singapore Food Agency's Farm-to-Table Recognition Program has witnessed a surge in participation from hotels and food businesses eager to embrace homegrown vegetables, fish, and eggs. As the trend of conscious consumerism and the desire for traceable, ethically produced ingredients grows, can you start growing your own food a home too?
We find out from Dr Lim Jia Hui, Science Director, Archisen.See omnystudio.com/listener for privacy information.
8/3/2023 • 10 minutes, 41 seconds
In the Spotlight: Understanding the ‘aparthotel’ model of Dao by Dorsett AMTD Singapore
Whether you travel often or infrequently, it makes sense to know as much as possible about all the different options for accommodation out there. While many experienced travellers find themselves returning to aparthotels, other tourists and business travellers are less familiar with what an aparthotel actually is.
So could staying at an aparthotel be an option for you for your next trip?
Roy Liang, Vice President of Operations for Dao by Dorsett & General Manager of Dao by Dorsett AMTD Singapore helps us understand the 'aparthotel' model better.
See omnystudio.com/listener for privacy information.
8/3/2023 • 16 minutes, 26 seconds
Euro Watch: Will Russia return to Black Sea grain export talks?
Last month Russia pulled out of a deal that allowed Ukraine to export its grain by sea despite a wartime blockade, an initiative seen as essential to keeping global food prices stable. Now the United States has been told that Russia is prepared to return to talks on the Black Sea grain deal. How true is this and what will be the pull factor for Russia to renew a deal that they pulled out of in the first place?
We find out more about this and other key headlines out of Europe from Dr Samir Puri, Visiting Lecturer in War Studies at King's College London and author of 'Russia's Road to War with Ukraine’.See omnystudio.com/listener for privacy information.
8/3/2023 • 10 minutes, 46 seconds
Sports Minutes: What will Tiger Woods bring to his new player director role with the PGA Tour?
Tiger Woods has joined the PGA Tour's Policy Board as a player director in a move which will give golfers a bigger say in major decisions. Woods' appointment follows the merger between the Tour, Saudi Arabia's Public Investment Fund and the DP World Tour in June that left players blindsided. The 15-time major winner becomes the board's sixth player director, joining Rory McIlroy and four others.
What does this all mean for the game of golf? Timothy Low, international golf commentator, is in the hot seat to tell us.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/2/2023 • 11 minutes, 49 seconds
Market View: Fitch downgrades US credit rating to AA+; Market expects more stimulus measures for Chinese property and tech sectors; Shares of Country Garden Services jumped 20%; US earnings, S&P 500 companies surprise on the upside; Tupperware, Meme stocks; European defence stocks; US energy stocks
Singapore stocks opened weaker today, joining global bourses in the red.
That’s as July data showed weakness in the manufacturing sector across China, the US and the eurozone.
In early trade, the Straits Times Index (STI) headed down 0.6 per cent to 3,353.92 points after 65.1 million securities changed hands in the broader market.
Meanwhile, international headlines are in focus today with all eyes on markets in Greater China over expectations of more stimulus for the beleaguered property sector.
Also on the table today – what the recent downgrade of US sovereign debt means for investors and how they should be positioning their portfolios asset-wise.
On Market View, the Drive Time team unpacked these developments with Ken Shih, Head of Wealth Management, Greater China, SAXO Markets. See omnystudio.com/listener for privacy information.
8/2/2023 • 11 minutes, 30 seconds
Culture Club: Investing in a suit, things to take note of
You can tell a lot about a man by the way he dresses. While a solid shirt and tapered trousers may be versatile wardrobe essentials, a good suit is a timeless staple.
Javin They, Founder, Common Suits shares his views on what to look out for when investing in a suit. See omnystudio.com/listener for privacy information.
8/2/2023 • 14 minutes, 3 seconds
Regional Roundup: Myanmar regime partially pardons Aung San Suu Kyi, will she be released soon?
From Malaysia’s state election campaigning kicking off to Myanmar’s military junta reducing Aung San Suu Kyi’s 33-yr sentence by 6 years.
Dr. Felix Tan, Political Observer, Nanyang Technological University gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
8/2/2023 • 11 minutes
In The Spotlight: How businesses can responsibly harness Generative AI
Following Singapore’s launch of the AI Verify Foundation and the ongoing discussions about the Generative AI regulations, how can businesses safely and responsibly harness Gen AI in the workplace?
We speak with Jeremy Lua, Dispute Resolution Lawyer, Norton Rose Fulbright The current generative AI landscape in Singapore to find out more.
See omnystudio.com/listener for privacy information.
8/2/2023 • 12 minutes, 17 seconds
Under the Radar: Straits Trading on valuations for properties in 2023; Interest rates and recessionary risks; Revenue growth vs cost management; Opportunities in Japan, UK real estate sectors; Infrastructure in Penang; Tokenisation of corporate bonds and diversifying funding sources
We’re going to bring you an inside look into a conglomerate investment company with operations and financial interests in resources, property and hospitality.
Founded in the early years of Singapore’s colonial history – we’re talking about 1887 here – The Straits Trading first started out as a company catering to the region’s growing tin smelting industry.
It become renowned for its tin smelting operations by the 1900 and accounted for two-thirds of Malaya’s Tin output.
Now, Straits Trading has evolved over the years to expand into sectors such as property, equity investments and hospitality. But which is the most important business vertical for the firm?
Meanwhile, the firm posted a net loss of S$121.8 million for the second half of 2022, amid higher capitalisation rates and a reduction in the fair values of investment properties in Australia, China, South Korea and the United Kingdom. What are we looking at this year?
How is the company walking the tightrope between revenue growth versus cost management in a high interest rate environment? And where do opportunities lie for Straits Trading?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Eric Teng, CEO, Straits Developments Private Ltd and Group COO, Straits Trading.See omnystudio.com/listener for privacy information.
8/2/2023 • 26 minutes, 58 seconds
Sports Minutes: Stop hounding the referees!
Premier League players have been warned they face harsher punishments for harassing referees as part of a raft of measures aimed at stamping out bad behaviour on the pitch. English football’s authorities aim to “reset” the attitude of players and managers towards officials in the coming season. The new ‘Participant Charter’ empowers referees to take tougher action against unacceptable behaviour, backed up by stronger disciplinary action from the FA. Does this ruin the flow of the game?
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
8/1/2023 • 12 minutes, 35 seconds
Culture Club: NannyStreet, Singapore’s first confinement nanny marketplace
The early days of parenthood can be daunting for new parents, but that's where confinement nannies come in. However, the cost of hiring one is not always affordable. NannyStreet, Singapore's first-ever Confinement Nanny Marketplace aims to simplify the process of finding and hiring trusted confinement nannies.We speak with Louis Looi, Co-founder, NannyStreet to find out how they are revolutionizing the way parents navigate the early stages of parenthood.See omnystudio.com/listener for privacy information.
8/1/2023 • 13 minutes, 4 seconds
China Perspective: Why China ousted top generals from its nuclear Rocket Force
Chinese President Xi Jinping on Monday installed a new commander and a deputy to the People’s Liberation Army’s elite Rocket Force unit, after weeks of speculation that its top leaders were in trouble. What does the sweeping shake-up mean for the People’s Liberation Army? Will there be a wholesale change in the unit’s upper echelons?
We speak with Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs to find out.
See omnystudio.com/listener for privacy information.
8/1/2023 • 11 minutes, 14 seconds
In the Spotlight: Analysing ratings and scheduling patterns for programme curation
The television industry is rapidly pivoting towards over-the-top media services from the more traditional pay tv subscriptions.
With that, media companies have realised the need to adapt and cater towards the constantly evolving consumer habits both on the corporate and creative level.
How has the entertainment industry changed in the last few years, especially in the Pay TV space in Asia? And why is Asian content growing in popularity?
We speak with Shuning Fu, Director, Acquisition & Programming, KC Global Media Asia for more insights.
See omnystudio.com/listener for privacy information.
7/31/2023 • 9 minutes, 38 seconds
Culture Club: Genetic testing, leading the way in preventive care for Southeast Asia
Over the last two decades, a better understanding of the role that genetics play in mental health and disease has revolutionised approaches to healthcare and precision medicine.
We find out more about the rcent advancements in genetic testing technologies and how they have made DNA testing more accessible and affordable, and the potential of genetic testing in improving personalised treatments with Levana Sani, CEO, NalaGenetics.See omnystudio.com/listener for privacy information.
7/31/2023 • 8 minutes, 44 seconds
Sports Minutes: Make some noise for Liverpool...or not?
Plenty of furore after reports emerged of a 'flat atmosphere' at the Singapore Sports Hub where Liverpool beat Leicester 4-0 in the second of three matches at the Festival of Football. Was it just Sunday blues, or do Singaporeans just lack the enthusiasm to cheer for 90 minutes? We hear from Jurgen Klopp and Deepanraj Ganesan as Elliott and Raushan discuss
READ MORE:https://www.straitstimes.com/sport/football/liverpool-put-up-a-show-to-win-4-0-amid-flat-atmosphere-at-national-stadiumGot a story to tell? Get in touch with [email protected] | [email protected]
See omnystudio.com/listener for privacy information.
7/31/2023 • 13 minutes, 58 seconds
Washington Report: America’s ageing politicians. How old is too old?
Are America’s politicians ageing affecting the competency of the government? Could there be a US-Saudi deal to normalise Israel ties on the way? With Hong Kong not being invited to the US-hosted APEC summit, how will this affect China's decision on whether or not to participate in the summit?
We speak to Steve Okun, Senior Advisor, Mclarty Associates to address these questions.See omnystudio.com/listener for privacy information.
7/31/2023 • 13 minutes
Sports Minutes: Is Jordan Henderson a "Saudi sellout"?
Jordan Henderson has received massive backlash from some quarters of the football fraternity after his move to Al-Ettifaq where he will be reunited with Liverpool legend Steven Gerrard. The 33-year old put pen to paper on a three-year deal worth £700,000 per week. Henderson's move to the Middle East country comes despite him being a vocal ally of the LGBTQ+ community. So...is he a "Saudi sellout"?
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/28/2023 • 14 minutes, 35 seconds
Culture Club: The development of cycling esports as a new cycling discipline
Zwift is an online cycling game and training program that enables users to ride, train and compete in a virtual world. Their participation in the Olympic Esports Week 2023 displayed how popular this type of gaming can be. Through continued advertising to encourage participation and developing partnerships with other brand they hope to grow the popularity of the game to become a game changer in the Esports industry.
We speak to Wesley Sulzberger, Senior Manager, Global Product Marketing and Country Management, AUS & NZ, Zwift more about this.See omnystudio.com/listener for privacy information.
7/28/2023 • 11 minutes, 1 second
In the Spotlight: What and how SG consumers will be eating by 2040
The future of food is intertwined with a the implementation of technology and managing climate issues. Knowledge about agriculture is pivotal for us to create a resilient food system through personalizing, and immersing ourselves in how food is made and distributed.
We speak to Luke Tay, Founder, Cornucopia FutureScapes more about this.See omnystudio.com/listener for privacy information.
7/28/2023 • 11 minutes, 40 seconds
Weekly Wrap Up: Different phases of marriage and its impact on one
Divorce statistics showed that the highest proportion of break-ups came between the 5th and 10th years of marriage. What factors are contributing to this and is there anything that these couples can do to face this issue?
We speak to Paulin Tay Straughan, Professor of Sociology (Practice), Singapore Management University more about this.See omnystudio.com/listener for privacy information.
7/28/2023 • 13 minutes, 46 seconds
Euro Watch: War in Ukraine, food security and trade to be discussed in Russia-Africa summit and economic forum
From St Petersburg hosting the second Russia-Africa summit and economic forum to Italian Prime Minister Giorgia Meloni making her first official visit to the US, what do these countries stand to gain from these discussions that are happening today.
We speak to Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific more about this.See omnystudio.com/listener for privacy information.
7/27/2023 • 9 minutes, 24 seconds
In the Spotlight: Is there still a need for travel agencies, will Sotravel be a disruptor to this scene?
Sotravel is Singapore's 'first social travel website' aimed at bringing together like minded people to create a meaningful travel experience. However, could this undermine the relevance and usefulness of travel agencies?
We speak to Larry Lee, Founder & CEO, Sotravel more about this.See omnystudio.com/listener for privacy information.
7/27/2023 • 13 minutes, 45 seconds
Culture Club: Comvita’s expansion in Singapore and their investment in HoneyWorld, a leading specialty honey retailer in Singapore
Honey is increasing in popularity for its positive effects on health. This is in line with the trend of people looking to use more natural products. Manuka honey manufacturer Comvita has expanded into the Singapore market after it acquired specialty honey retailer HoneyWorld Singapore.
We speak to Rommel Irwan, Head of Southeast Asia, Comvita New Zealand Limited more about this.See omnystudio.com/listener for privacy information.
7/27/2023 • 12 minutes, 48 seconds
Sports Minutes: The Festival of Football takes Singapore by storm!
Tottenham ended their trophy draught in Singapore, clinching the Tiger Cup after defeating the Lion City Sailors. We caught up with Spurs' talisman Son Hueng-min post-match to get his thoughts and Anumanthan Kumar, the Singaporean who captained the Sailors. Plus, we checked in it with Ledley King on his club's pitstop in Singapore.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/27/2023 • 15 minutes, 28 seconds
Market View: Fed raises rates to highest level since 2001; S-Reits’ (Mapletree Industrial Trust, CapitaLand China Trust) distribution figures; UOB’s 2Q net profit up 27% yoy; Olam Group expects “materially lower” net profits
Singapore shares opened stronger today after global markets finished mixed overnight.
In early trade, the Straits Times Index (STI) rose 0.7 per cent to 3,328.99 points after 76.3 million securities changed hands in the broader market.
In terms of companies to watch, we have UOB. The bank’s net profit for the second quarter rose 27 per cent to S$1.4 billion on higher net interest income, and trading and investment income.
Meanwhile, from a quick look at the latest distribution numbers from S-Reits including Mapletree Industrial Trust and CapitaLand China Trust, to the US Federal Reserve’s decision to take interest rates to the highest level since 2001, more corporate and international headlines are in focus.
On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
7/27/2023 • 10 minutes, 40 seconds
Under the Radar: Chrono24’s CEO on positioning against Watchfinder, WatchBox, Subdial; Prices of luxury Swiss watches near lowest in almost two years, impact on earnings and operating margins; Longer term outlook; Rolex, AP’s programme to certify pre-owned watches; Investments by Cristiano Ronaldo, family investment vehicle of LVMH’s Bernard Arnault
Did you know that football star Cristiano Ronaldo is somewhat of an investor himself? Today we’re going to talk to a company that he has recently invested in – and that’s online luxury watch resale marketplace Chrono24.
Founded in 2003, Chrono24 prides itself as the number one address for luxury watches for commercial watch dealers and private sellers from around the world.
It currently has over 30,000 professional dealers and private sellers from over 120 countries offer more than 500,000 watches. The company’s website sees over half a million visitors everyday.
In 2020, in particular, it saw watches worth about 2 billion euros transacted through the platform. But what is the demand for luxury watches right now with economies slowing down, interest rates going up, and with cryptocurrencies tumbling?
Also – with prices of Swiss watches near the lowest in almost two years amid falling prices of Rolex, Patek Philippe and Audemars Piguet models, what does this mean for platforms like Chrono24 which charge a fee out of every transaction?
And how far can Rolex and AP’s move to certify pre-owned watches boost the secondary watch market?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Tim Stracke, Co-CEO and Founder, Chrono24 for more.See omnystudio.com/listener for privacy information.
7/27/2023 • 21 minutes, 12 seconds
In the Spotlight: Overcoming the barriers to technology adoption within Singapore's construction industry
A survey by software company Procore Technologies says that 4 in 10 prefer to wait till the tech is proven and established. This company looks to help companies in the construction industry progress in their next stage of digital transformation .
We speak to Kin Weng Tan, Regional Manager, Asia, Procore Technologies more about this.See omnystudio.com/listener for privacy information.
7/26/2023 • 10 minutes, 4 seconds
Culture Club: How NextLevel’s new personality test enables people to “level up” in life
Personality tests are not just to give us personal insight into the reasons for our behaviour or to satisfy interest in our own personality. They also could have benefits in the workplace, giving hints as to how to improve understanding and hence workplace collaboration.
We speak to Borwen Neo, Program Head, Next Level Academy more about this.
Try the personality test:
http://www.thel0.com See omnystudio.com/listener for privacy information.
7/26/2023 • 13 minutes, 26 seconds
Regional Roundup: Music festival in Malaysia cancelled after misbehaviour from the lead singer of British band The 1975
From the band The 1975's lead singer Matt Hayley's comments causing the Music festival in Malaysia to be cancelled to updates on Thailand's tumultuous political scene.
We speak to Dr. Felix Tan, Political Observer, Nanyang Technological University about the headlines coming out from the region.See omnystudio.com/listener for privacy information.
7/26/2023 • 11 minutes, 16 seconds
Sports Minutes: In conversation with Joanna Jedrzejczyk ahead of UFC Fight Night in Singapore
Ahead of UFC Fight Night in Singapore on 26th August 2023, we speak to former UFC Women's Strawweight Champion Joanna Jedrzejczyk all about what we can expect when the world's best fighters take centre stage in the Lion City, her biggest lessons from her fighting career and her very-packed schedule since retiring from the sport. Tune in now!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/26/2023 • 14 minutes, 56 seconds
Market View: Sembcorp Industries scrapping plans to sell waste management business; SIA Engineering’s net profit more than doubles for 1Q; Suntec Reit’s DPU down 27.7%; US FOMC meeting preview - what to watch; Will Elon Musk succeed in turning Twitter into a one-stop shop for the financial sector?
Singapore shares were little changed today following strong overnight gains in global markets.
In early trade, the Straits Times Index (STI) was up 0.02 per cent to 3,286.97 points after 51.2 million securities changed hands in the broader market.
In terms of companies to watch today, we have Sembcorp Industries. The energy company has scrapped plans to sell its waste-management business and its energy-from-waste plant.
Also in focus – SIA Engineering and Suntec Reit as we look at their latest financial numbers.
Elsewhere, from Elon Musk’s entering into the fintech space with Twitter, to a preview on what the US central bank could do today at its monetary policy meeting, more international headlines are in focus today.
On Market View, the Drive Time team unpacked the developments of the day.See omnystudio.com/listener for privacy information.
7/26/2023 • 9 minutes, 11 seconds
Under the Radar: Seoul Robotics on building software systems for self-driving cars; On its ‘Autonomy Through Infrastructure’ approach to building autonomous transportation networks; On partners including Mercedes, BMW, Qualcomm, Nvidia; On its global presence and US office in Peachtree Corner; US$25m Series B funding round led by KB Investment Company; Plans for an IPO by 2025
What happens when you have a group of engineers with backgrounds in 3D data processing in an online class studying computer vision?
Well – they form a company that develops software systems for self-driving cars! And that’s the story behind our guest for today Seoul Robotics.
Founded in 2017, Seoul Robotics develops software systems for self-driving cars to determine traffic conditions.
Its systems rely on data from Light Detection and Ranging or LiDAR sensors rather than a combination of camera sensors, which was unheard of at that point in time.
The firm is also pioneering a new approach to automating vehicles called ‘Autonomy Through Infrastructure’, where autonomous driving systems are placed on infrastructure rather than cars.
This can lower the costs of building autonomous transportation networks, as vehicles do not need to be fitted with cameras and sensors individually. It can also make autonomous transportation safer because autonomous driving systems placed on infrastructure can have a better vantage point and eliminate blind spots.
But how revolutionary is this concept and how much money can this bring to the firm?
Meanwhile, Seoul Robotics is currently working with partners including Qualcomm, and Nvidia, as well as major automakers such as BMW, Mercedes and Volvo. It has also closed a US$25 million Series B funding round led by KB Investment Company back in March. But what value do these strategic partners bring to the table?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with HanBin Lee, Captain and CEO, Seoul Robotics for more.See omnystudio.com/listener for privacy information.
7/26/2023 • 15 minutes, 20 seconds
Culture Club: From Mine To Market - A peek inside a museum of precious stones in Singapore
The Gem Museum is a private museum of gemstones set up by a husband-and-wife duo, with 700 specimens on display. It helps to create an understanding about gemstones, what the value is, how to differentiate between different ones, and simply helping to develop an appreciation for and interest in gemstones amongst the public as well.
We speak to Tay Kun Ming and Loke Hui Ying, Co-Founders and Directors, The Gem Museum more about this.See omnystudio.com/listener for privacy information.
7/25/2023 • 18 minutes, 7 seconds
Sports Minutes: Ange Postecoglou outlines his vision for Tottenham
A brave new world awaits, with Ange Postecoglou gearing up for his first season in the hot seat of Tottenham. What will the much-heralded Australian bring to Spurs, and how will he cope with the possible departure of talisman Harry Kane? Speaking ahead of the Festival of Football in Singapore, Postecoglou tells Deepanraj Ganesan about all of this and much more.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/25/2023 • 14 minutes, 38 seconds
Market View: Keppel DC Reit’s DPU for FY1H2023 up 0.04%; Chinese top leaders vow more support for economy; HKEX on charm offensive to attract companies, investments; Europe’s economic outlook; Shein sued by H&M for copyright infringement in Hong Kong; Twitter to change logo, competition from TikTok
Singapore shares opened muted today after stock markets in the United States and Europe closed mostly higher with the earnings season now in full swing.
In early trade, the Straits Times Index edged up 0.07 point to 3,265.21 points after 81.3 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Keppel DC Reit. Its distribution per unit for the first half of the financial year ended Jun 30 inched up 0.04 per cent from the same period a year ago.
Elsewhere from China’s top leaders vowing more support for the struggling economy to Hong Kong’s Exchanges and Clearing being on the charm offensive to attract companies to list in the city, and to Europe’s economic outlook, more international headlines are in focus.
On Market View, the Drive Time team dived into the details with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.See omnystudio.com/listener for privacy information.
7/25/2023 • 11 minutes, 56 seconds
In the Spotlight: Singaporean parents’ health and well-being face decline amid financial pressures
There is a strong positive correlation between employee's mental health and workplace productivity. Factors such as inflation have had a significant impact on mental health as well due to the financial pressures they create. Employers must put in place policies and practices to assist employees in this aspect that go beyond simply giving them money in hopes that it will alleviate these financial pressures.
We speak to Jamie MacLennan, Senior Vice President and Managing Director APAC, TELUS Health more about this.See omnystudio.com/listener for privacy information.
7/25/2023 • 12 minutes, 40 seconds
China Perspective: How successful were climate talks during US presidential climate envoy John Kerry's visit to Beijing?
From US presidential climate envoy John Kerry's visit to Beijing to China resuming its 15-day visa-free entry for Singaporeans after more than 3 years.
We discuss the top headlines out of China with Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs.See omnystudio.com/listener for privacy information.
7/25/2023 • 7 minutes, 28 seconds
Under the Radar: From an ailing abalone producer to a foodtech company – Oceanus’ CEO Peter Koh on cleaning up the company; Diversification into distribution, services and innovation; When growth will stabilise; Focus in Chinese market, working with state owned China Resources Wufeng Co; Deal in Uzbekistan
From producing abalones to distributing FMCG products and to offering consultation services, our guest for today Oceanus has its wings spread across business pillars such as food production, innovation and distribution.
The aim here is to leverage what it calls cross-pillar synergies for exponential growth to boost financial performance. But having a diversified portfolio of businesses hasn’t always been the case for Oceanus.
It was once an abalone hatchery operator struggling with a lack of internal controls and corporate governance framework.
At one point in 2014, the SGX mainboard-listed company was on the brink of being wound out after losing its entire abalone farm to bad weather, causing it to default on S$94 million in debt.
That was when chief executive Peter Koh was roped in to manage the firm. Changes were made to Oceanus’ business model, and over the years, the firm repaid its dues and restructured its business to include new streams of revenue.
The company also exited the Singapore Exchange watchlist in September 2021 after six years.
But what is Oceanus’ secret sauce to turning the business around? And from inking deals in Uzbekistan and Hainan – what is Oceanus doing to position itself for its next bound of growth?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian spoke with Peter Koh, Executive Director and Group CEO, Oceanus for more.See omnystudio.com/listener for privacy information.
7/25/2023 • 14 minutes, 51 seconds
Culture Club: Emerging trends in aesthetic medicine
Aesthetic medicine allows people to alter their features but there are different standards of beauty in different cultures. There is a recent shift towards a preference for 'natural beauty' in Asian society. In achieving this goal, the doctors must guide their patients when helping them undergo this process.
We speak to Dr Harvey Ho Han Loong, Aesthetic Doctor, Skinscape Clinic more about this.See omnystudio.com/listener for privacy information.
7/24/2023 • 15 minutes, 33 seconds
Market View: Singapore’s core inflation down to 4.2% yoy in June; India’s GDP expectations; Bain to acquire 90% of Adani Capital, Adani Housing; China to stimulate economy; Alibaba Group to not sell Ant Group’s shares; Dow Jones’ 10-day rally
Singapore stocks opened slightly higher today amid a mixed performance among index counters. That’s after the global markets closed mostly in positive territory on Friday.
In early trade, the Straits Times Index (STI) was up 0.1 per cent to 3,281.14 points, after 68.2 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Cromwell European Real Estate Investment Trust after its portfolio valuation for the half year ended June 2023 fell a further 1.6 per cent to about 2.3 billion euros (S$3.4 billion).
Elsewhere from India’s GDP growth expectations to China central bank selling cash deposits at record low rates, and Alibaba not selling any part of its stake in Ant Group’s share buyback, more international headlines are in focus.
Not to mention the blue chip Dow closing higher for the 10th straight day, its longest rally in about 6 years.
On Market View, the Drive Time team unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
7/24/2023 • 13 minutes, 19 seconds
Sports Minutes: Kylian Mbappe to leave PSG for Real Madrid?
PSG have been accused of "moral harassment" after leaving Kylian Mbappe out of their pre-season tour of Asia, and the French footballers' union said it could take legal action. The club's all-time leading goalscorer has told his employers that he will not extend his contract, which has 12 months left. So could they cash-in by selling him to Real Madrid? Elliott and Raushan discuss.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/24/2023 • 13 minutes, 37 seconds
In the Spotlight: Ticket scalping trends in Asia and Singapore, time to put a stop on this?
Ticket scalping can negatively affect both the reputation of the brand and satisfaction of consumers. There is software to deter scalpers, who themselves are using technology to get tickets before anyone else to resell for a profit margin. But this software must continue to be developed to keep this threat in check.
We speak to George Lee, Senior Vice President, Asia Pacific & Japan, Imperva more about this.See omnystudio.com/listener for privacy information.
7/24/2023 • 7 minutes
Washington Report: Henry Kissinger treated to an elaborate lunch by the Chinese government
China's warm welcome for former National Security Adviser and Secretary of State Henry Kissinger could be a reminder of how US-China relations can and should be.
We also speak about Pvt. Travis King, the American soldier who ran across the border into North Korea, Antony Blinken's upcoming visit to Tonga, New Zealand and Australia, and updates on former US President Donald Trump’s legal troubles.
Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College helps us elaborate on these headlines.See omnystudio.com/listener for privacy information.
7/24/2023 • 11 minutes, 5 seconds
Under the Radar: The oldest form of lending – ValueMax’s CMO on demand for pawnbroking services; Record redemptions during the pandemic; its retail, financing and gold trading verticals; Preferred types of pledges; Fed rate hikes and impact on ValueMax’s pawnbroking and gold trading businesses
Today we’re going to look at the oldest form of lending, which dates back to the Ancient Greek and Roman Empires. Make a guess – it was also found in China during the Spring and Autumn Period or between 770 to 476 BCE.
Bingo if you’ve guessed pawn shops! Pawnshops first made their way to modern Singapore back in 1872.There were 25 pawnshops dotted across Singapore from 1920 to 1929, and they generated monthly turnover of over $2 million.
So as you can imagine business was thriving, before the Great Depression in 1929 and World War II dealt a blow to the industry.
90 years after the Great Depression, we’ve got the COVID-19 pandemic and the War in Ukraine. But what do such economic uncertainties mean for pawnbrokers in terms of new loans, redemption and interest income?
Let’s pose the question to our guest for today. Founded in 1988, ValueMax provides pawnbroking and secured money lending services, as well as the retail and trading of jewellery and gold.
The SGX-listed company has 42 pawnbroking and retail outlets across Singapore as well as 21 other outlets in Malaysia operated through its associated company.
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Yeah Lee Ching, Chief Marketing Officer and Executive Director, ValueMax for more.See omnystudio.com/listener for privacy information.
7/24/2023 • 13 minutes, 33 seconds
Culture Club: Snoop Dogg joins forces With Novelship, how partnership will shape the sneaker culture in SEA
Novelship has joined forces with American rapper-actor Snoop Dogg to offer consumers in South-east Asia greater accessibility to cult sneaker brands and expand its range of collectibles. With the sneaker market projected to become a US$6 billion global business by 2025, Novelship plans to stay ahead of the curve and capitalise on this growth by expanding their userbase in the region, and forming more partnerships with distributors and brands.
We speak to Richard Xia, Co-Founder and CEO, Novelship more about this.See omnystudio.com/listener for privacy information.
7/21/2023 • 14 minutes, 2 seconds
Market View: YangZiJiang Financial’s PE fund invests in chemical, product tanker projects; Sabana Reit’s ordinary resolution to internalise Reit management function; Grab acquires Transcab; China to boost sale of automobiles; Elon Musk’s fortune down US$20.3b
Singapore shares started trading a touch lower today following mixed trading sessions in the US and Europe.
In early trade, the Straits Times Index (STI) was down 0.1 per cent at 3,271.21 points as 57.2 million securities changed hands in the broader market.
In terms of companies to watch today, we have Yangzijiang Financial after the investment manager’s maritime private equity fund invested in two chemical and product tanker projects for US$32.1 million.
Meanwhile, from Sabana Reit going ahead with its ordinary resolution to internalise the Reit’s management function, to China announcing steps to boost car sales and Elon Musk getting poorer by billions of dollars overnight, more international and corporate headlines remain in focus.
On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
7/21/2023 • 13 minutes, 54 seconds
Sports Minutes: Erik ten Hag's Manchester United rebuild continues to take shape with the arrival of Onana
With Manchester United have completing the signing of goalkeeper Andre Onana from Inter Milan, Erik ten Hag now has his second acquisition of the summer following the earlier arrival of Mason Mount. How important is a change between the sticks in the Dutchman's rebuild of the red devils? We hear from Rio Ferdinand, Danny Murphy - and discuss what else is to come ahead of the brand new season.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/21/2023 • 14 minutes, 43 seconds
In the Spotlight: Do consumers trust content created by generative AI?
Generative AI is becoming an integral part of many people’s lives, revolutionising the way we work and interact with technology. However, we have to be cautious when using it as there are still pitfalls. These can be controlled by still having humans follow up on the creations of generative AI. Moreover, we also must be weary of the dangers this technology can pose to organizations and businesses.
We speak to Frank Windoloski, Executive Vice President, Insights & Data APAC, Capgemini more about this.See omnystudio.com/listener for privacy information.
7/21/2023 • 9 minutes, 47 seconds
Weekly Wrap Up: SG's political scene rocked by resignations over affairs, was the situation handled well?
With the recent resignation by a few members of parliament over their extramarital affairs, there is doubt cast upon the trustworthiness of our political leaders. However, should we be judging these politicians based on their personal affairs this harshly even though they dutifully carry out their responsibilities as members of parliament?
We speak to Dr. Felix Tan, Political Observer, Nanyang Technological University more about this.See omnystudio.com/listener for privacy information.
7/21/2023 • 11 minutes, 33 seconds
Culture Club: Connection and a cuppa, becoming a Gen Z boss
Coffee Connects in Ngee Ann Polytechnic looks to venture out and expand into the wider market. It is led by a 20-year old entrepreneur, who's journey in starting and sustaining this business came with many challenges which he faced with help from those with more experience, but also through his own grit and determination.
We speak to Alfred Ng, Business Studies Graduate, Ngee Ann Polytechnic & Co-Founder, Coffee Connects more about this.See omnystudio.com/listener for privacy information.
7/20/2023 • 13 minutes, 13 seconds
Market View: Keppel Corp’s acquisition of Bank of Korea’s Sogong Annex Facility; China’s lending rates; Apple testing ‘AppleGPT’; China’s lending rates, cross-border financing rules; Alibaba injects US$845 into Lazada; Netflix earnings
Singapore shares started the morning in positive territory today, following overnight gains in the US and Europe markets.
In early trade, the Straits Index Index (STI) headed up 0.2 per cent at 3,280.56 points as 44.8 million securities changed hands in the broader market.
In terms of companies to watch, we have Keppel Corporation. That’s after the company said today that its private funds acquired the Bank of Korea’s Sogong Annex Facility, which is located in Seoul’s Central Business District.
The move brings the conglomerate’s South Korean portfolio to 2.6 trillion won (S$2.6 billion).
Meanwhile, from China relaxing a cross-border financing rule to Apple testing ‘Apple GPT’ and Netflix missing quarterly revenue forecasts, more international headlines continue to be in focus.
On Market View, the Drive Time team dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
7/20/2023 • 12 minutes, 36 seconds
Sports Minutes: Taqi Jahari, the first Singaporean to officiate at both a Men’s and Women’s World Cup
The 2023 FIFA Women's World Cup gets underway today in New Zealand and Australia, and amidst the race to be crowned kings of the world is a Singaporean. Taqi Jahari, a professional referee from Singapore, will be part of a team of 19 that will operate the Video Assistant Referee (VAR) system at the ninth edition of the tournament . And he joins us to tell us all about the preparations, challenges and excitement ahead of the Women’s World Cup.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/20/2023 • 11 minutes, 34 seconds
In the Spotlight: Hotel, travel, retail sectors faced over 1.15 billion web attacks in the last year, why are they attractive targets?
Hotel and travel emerged as a particularly attractive target for web attacks in Asia Pacific and Japan especially due to huge amount of digital transactions, involving large amounts of money, in the industry. To combat these attacks involving the use of sophisticated techniques to bypass defenses, the defense strategies must continue to evolve to keep up.
We speak to Reuben Koh, Security Technology and Strategy Director, Akamai more about this.See omnystudio.com/listener for privacy information.
7/20/2023 • 10 minutes, 52 seconds
Under the Radar: In conversation with first Singaporean CEO of HSBC Singapore Kee Joo Wong – HSBC Singapore on interest margin with Fed rate hike cycle nearing an end; FDI into ASEAN; A bigger role for Singapore as part of expansion in Asia; Acquisition of Singapore’s AXA Insurance and future deals; HSBC’s acquisition of UK arm of SVB and impact on Singapore; Priorities for HSBC Singapore
Did you know that Singapore has been home to many foreign banks in the 1800s?
In fact our guest for today is one of them. Having opened its first branch in Singapore in 1877, HSBC Singapore is a qualifying full bank serving the international needs of individual, corporate and institutional clients.
It provides retail banking, wealth management, commercial investment, private banking, insurance as well as securities and capital market services.
Fast forward to today, HSBC Singapore has close to 4,000 employees and serves as an international wealth and regional wholesale hub, while being a sandbox for digital innovation experiments for the Group.
The bank is now carving out a bigger role for Singapore as a regional hub as it expands in Asia, with the city receiving funds from a US$6 billion (S$8.1 billion) investment earmarked to drive its Asian growth between 2021 and 2026. But what can we expect on this front?
On Under the Radar, Drive Time’s finance presenter sat down with Kee Joo Wong, CEO, HSBC Singapore for more. He is also the first Singaporean CEO of HSBC Singapore. See omnystudio.com/listener for privacy information.
7/20/2023 • 23 minutes, 11 seconds
Euro Watch: Coping with Russia's pulling out of the Black Sea Grain initiative
With Russia halts participation in Ukraine grain deal, what strategies will the UN employ to cope with this change?
Spanish Prime Minister Pedro Sánchez recently called early elections for July 23. Will the election have any impact on Spain’s EU presidency?
Finally, the European Commission has to find a plan B as US economist Fiona Scott Morton, has decided not to accept the offer to fill one of the Commission's top posts.
We speak to Professor Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific more about these headlines.See omnystudio.com/listener for privacy information.
7/20/2023 • 8 minutes, 31 seconds
Sports Minutes: The rapid rise of quick fit gyms in Singapore
Do you have a gym membership? Well if you do, you're one of the many in Singapore flocking to these venues in pursuit of your fitness goals. Why the sudden boom in this market, and why are more gyms cropping up in our heartlands? Richardo Chua, franchise owner of Body Fit Training, is on hand to tell us more!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/19/2023 • 11 minutes, 39 seconds
Market View: Sakae’s executive chairman Douglas Foo to sell 20% stake for S$26.5m; GXS Bank raises deposit cap; ADB downgrading 2023 growth projection for the Southeast Asia to 4.6%; Talent war among banks, insurers in Hong Kong; US earnings season and sectors to watch.
Singapore stocks opened stronger today after global markets rallied overnight.
In early trade, the Straits Times Index added 0.6 per cent after 46 million securities changed hands in the broader market.
In terms of companies to watch, we have Sakae. The mainboard-listed restaurant operator today said its executive chairman Douglas Foo entered into a sale and purchase agreement with Makara Capital to sell a 20 per cent stake in the company for S$26.5 million.
Meanwhile, from China possibly becoming the luxury industry’s next sore spot to Hong Kong’s talent war and the latest US earnings from the likes of Morgan Stanley, Bank of America and Charles Schwab, more international news continue to make the headlines today.
On Market View, the Drive Time team dived into the details with Thomas Rupf, CIO Asia & Head of Trading Execution, VP Bank Ltd Singapore Branch. See omnystudio.com/listener for privacy information.
7/19/2023 • 10 minutes
Culture Club: Defining the Future of Work
A hybrid work culture has become much more popular among businesses due to the many benefits of working from home. However, the value of being in person must not be ignored as things such as creating a lively working environment, looking at body language, make employers work more meaningful.
We speak to Erwin Chong, Group Head of Corporate Real Estate Strategy & Administration, DBS more about this.See omnystudio.com/listener for privacy information.
7/19/2023 • 14 minutes, 35 seconds
Regional Roundup: Pita losing his round of vote to become PM
From Thailand’s PM hopeful Pita Limjaroenrat losing the first round of vote to become the country’s PM to Thailand's Constitutional Court suspending reformist Mr Pita while it hears a case that could see him disqualified as an MP.
We speak to Associate Professor Antonio Leopold Rappa, Head, Security Studies Programme, School of Business, SUSS more about these headlines.See omnystudio.com/listener for privacy information.
7/19/2023 • 6 minutes, 7 seconds
In the Spotlight: Overcoming challenges to digitalise for SMEs
Digitalization can help businesses improve profitability and gain a competitive advantages. Effectively implementing this type of technology requires constant regulation of data and having clear goals. Success comes from understanding the people involved, the process to be followed, and available tools within the organization. This is apparent in the accountancy sector.
We speak to Alan Chang, Business Owner, Singapore Corporate Services more about this.See omnystudio.com/listener for privacy information.
7/19/2023 • 5 minutes, 53 seconds
Under the Radar: Into the operations of homegrown minerals and resource firm TOP International Holding; On bauxite mining; Diversification to look at trading of iron ore, copper cathode, sand and coal amid shifting global supply chains; Sustaining its 14% yoy growth rate; Future plans
Earlier we told you about the world’s largest mining company BHP. Today we are going to take you closer to home by looking into the operations of a Singapore-grown minerals and resource company.
With a global footprint spanning across countries in Southeast Asia and West Africa, TOP International Holding is an integrated producer of bauxite – or a mineral used to produce aluminium – and offers end-to-end service that includes exploration, mining, marketing, trading logistics and delivery.
The company has grown much since its inception in 2014, with over 250 employees in five countries.
It is also emphasising on diversification, having expanded its trading portfolio to include commodities such as iron ore, copper cathode, sand and coal.
Question is – to what extent has that helped the firm navigate the shifting of global supply chains amid the pandemic? Also – what is TOP International Holding’s growth trajectory like in the near term?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Victor Tan, CEO, TOP International Holding.See omnystudio.com/listener for privacy information.
7/19/2023 • 20 minutes, 48 seconds
China Perspective: Climate talks resume between US and China
China’s economic recovery lost momentum in the second quarter. They are now focusing on high quality growth rather than high speed growth in order to solve this issue.
John Kerry is in Beijing for a four-day trip to revive climate talks and perhaps they could use this as a common ground to improve the US-China relationship.
Lastly, China’s Foreign Minister Qin Gang has vanished from public view and this could be an indication of a potential shift in China's foreign policy.
We speak to Dr Chen Gang, Assistant Director and Senior Research Fellow, East Asian Institute, National University of Singapore more about these headlinesSee omnystudio.com/listener for privacy information.
7/18/2023 • 7 minutes, 57 seconds
Culture Club: Castlery celebrates 10th anniversary, how the company have stayed ahead of the curve
Castlery is Singapore’s most popular homegrown furniture brand and is marking their 10th year anniversary with the opening of a brand-new global office headquartered in Singapore. They navigate this unique industry by closely watching the market and understanding consumer demands.
We speak to Declan Ee, Co-Founder, Castlery more about this.See omnystudio.com/listener for privacy information.
7/18/2023 • 12 minutes, 30 seconds
In the Spotlight: The impact of the IPEF agreement on Singapore businesses
Singapore is a regional logistics hub for global players. According to research by TMX Global, disruptions in the global economy especially after the Covid-19 pandemic have set Singapore’s economy back by a staggering S$2.6 billion annually. Companies sharing information and collaborating to use technology is crucial for them to cope with supply chain risks.
We speak to Greg O’Shea, Country Manager, Malaysia & Singapore, TMX Global more about this.See omnystudio.com/listener for privacy information.
7/18/2023 • 9 minutes, 14 seconds
Sports Minutes: Maguire stripped of captaincy, so where to from here for Harry?
Harry Maguire's Manchester United spell appears to be coming to an end after he was stripped of the captaincy by boss Erik ten Hag. Skipper since 2020, Maguire has found his opportunities limited under Ten Hag and has been tipped to leave the club. Where does this latest setback leave him mentally? And what do professional athletes need to do to bounce back from adversity? Rory Winters, mental health coach & founder of Edge of the Box mentoring, tells us more!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/18/2023 • 12 minutes, 26 seconds
Market View: SIA’s June operating results; Geely to invest US$10b in Malaysia; Lendlease to cut 740 jobs globally; World Bank president Ajay Banga’s plans to make its “balance sheet work harder”; US chip makers and officials discuss China policy
Singapore stocks struggled to advance today following a mixed performance in global equity markets.
In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,251.48 points after 68.9 million securities changed hands in the broader market.
In terms of companies to watch, we have Singapore Airlines, after the national carrier announced its June operating results last evening. The group carried 2.9 million passengers on a group level in June, up 50.4 per cent from a year ago.
Elsewhere, from US chip companies and Biden administration officials discussing its China chip policy to Australian developer Lendlease to cut 740 jobs globally, more international and corporate news are in focus.
On Market View, the Drive Time team dived into the details with Khoon Goh, Head of Asia Research at ANZ. See omnystudio.com/listener for privacy information.
7/18/2023 • 10 minutes, 22 seconds
Under the Radar: Siemens’ ASEAN CEO on Siemens’ 2 billion Euro investment strategy to boost growth, innovation and resilience; S$290m investment into a new factory in Singapore; Demand from Southeast Asia; Metaverse and the rail boom on Siemens ASEAN business
Today we’re going to talk to a German multinational technology conglomerate that set its foot in Singapore 115 years ago.
Bingo if you’ve guessed Siemens. Founded in 1847 as a small workshop in a back courtyard in Berlin, the company’s offerings now span across a wide range of industries such as digital industries, mobility, and smart infrastructure.
The firm first entered in Singapore back in 1908 by establishing a technical bureau in Singapore as a sales office of London-based Siemens Brothers Dynamo Works Limited in search of new opportunities, and has grown with the country since then.
Question is, what is the role of Siemens Singapore in its global portfolio of businesses?
Meanwhile, Siemens is set to build a S$290 million new factory in Singapore for its industrial automation and digitalisation product by 2026.
That’s as part of a 2 billion Euros global strategy to expand the firm’s manufacturing capacity worldwide. But what can we expect on this front?
On Under the Radar, Dr Thai-Lai Pham, CEO, Siemens ASEAN joined Drive Time’s finance presenter Chua Tian Tian in-studio for more.See omnystudio.com/listener for privacy information.
7/18/2023 • 14 minutes, 8 seconds
Market View: Singapore key exports down 15.5% yoy in June; ESR Logos Reits dismisses “speculation” of financial distress; S-Reits earnings expected to be muted; China’s GDP up 0.8% on-quarter in Apr-June, 6.3% higher on-year in Q2; Evergrande’s earnings
Singapore shares started the day lower, after global markets ended the previous winning week on a muted note.
In early trade, the Straits Times Index (STI) headed down 0.2 per cent to 3,240.71 points after 92 million securities changed hands in the broader market.
In terms of companies to watch for today, we have ESR Logos Reit. The Reit’s manager had on Friday said that its proposed divestment of seven non-core assets is in line with its strategy. It also dismissed “speculation or insinuation” of financial distress.
Elsewhere, from Singapore’s key export numbers to S-Reit earnings and to China’s GDP figures, more economic and corporate news are on the agenda.
On Market View, the Drive Time team unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
7/17/2023 • 17 minutes, 18 seconds
Sports Minutes: Dele Alli's emotional interview, and what it will do for mental health in professional sport?
Following Dele Alli's emotional tell-all interview about his struggles with depression and a traumatic childhood, the conversations surround mental health are once again dominating headlines. What more needs to be done to protect professional athletes? We speak to Rory Winters, mental health coach & founder of Edge of the Box mentoring, to find out more.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/17/2023 • 11 minutes, 26 seconds
Culture Club: NEX’s eco-friendliness to cater to an increasingly environmentally conscious shoppers
By interacting with and working closely with tenants, along with the use of AI, NEX is undertaking multiple sustainability efforts. They take the primary principles of reduce reuse and recycle, and implement them in food and clothing stores in the mall. They also have strategies to engage the local community and encourage them to play their part in promoting sustainability.
We speak to Eugene Toh, Senior Manager of Operations, NEX more about this.See omnystudio.com/listener for privacy information.
7/17/2023 • 12 minutes, 37 seconds
In the Spotlight: How generative AI tools can level the playing field for SMEs in SG to compete with large enterprises
Generative AI has had such an influence that it has begun to play an integral role in the day to day work of sales and marketing professionals. Through increasing awareness, and providing more training to these professionals, further strides can be made in this effort to combine generative AI with human effort to improve efficiency in this sector.
We speak to Dan Bognar, Vice President & Managing Director, JAPAC, HubSpot more about this.See omnystudio.com/listener for privacy information.
7/17/2023 • 11 minutes, 12 seconds
Washington Report: Can US and China set aside their differences to tackle the common issue of climate change?
US and China, despite their differences, attempt to discuss climate issues as US Special Presidential Envoy for Climate John Kerry visits Beijing.
Ron DeSantis, the governor of Florida, is the only other non-Trump frontrunner in the upcoming 2024 US election. However, he is in trouble when it comes to fundraising for his campaign.
We also discuss the Hollywood actor strikes and continued efforts to address the issue of student debt in US.
We speak to Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College more about these headlines.See omnystudio.com/listener for privacy information.
7/17/2023 • 7 minutes, 40 seconds
Under the Radar: VentureBlick’s CEO on its Super Incubator model for medtech startups; Gaps in existing venture support models; Assessment of geographical markets, business verticals; Securing US$2.6m funding for startups; Launch of medical advisory business
You’ve probably heard about incubators and accelerators that help startups scale up before they could stand on their own.
But what about a venture platform dubbed as a super incubator?
That’s what we’re going to talk about today. Founded in 2022, VentureBlick is a Singapore headquartered Super Incubator with a presence in countries such as Australia, China, South Korea, India, Germany and the US.
It matches early-stage startups with medical investors such as clinicians and industry experts who can validate ideas, fund and support the firms without diluting startup control.
The aim is to provide a fully customisable one-stop solution to build, test and market innovations with the ultimate goal of successful exits or commercialisation.
But really how does this proposition differ from the ones provided by other venture platforms?
Meanwhile, VentureBlick recently secured a total of US$2.6 million for two startups amid the current macroeconomic environment. But what is in VentureBlick’s pipeline for the rest of this year?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Chris Lee, Founder and CEO, VentureBlick for more.See omnystudio.com/listener for privacy information.
7/17/2023 • 14 minutes, 20 seconds
Inappropriate relationship between Tan Chuan-Jin and Cheng Li Hui continued despite counselling: PM Lee
Speaker of Parliament Tan Chuan-Jin and Tampines GRC MP Cheng Li Hui have resigned from both parliament and the PAP for having an affair, ..and continuing the relationship despite being counselled by Prime Minister Lee Hsien Loong.
This was revealed by Mr Lee at a press conference today - after the PMO had announced Mr Tan and Ms Cheng’s resignations earlier without elaborating on why they did so.
PM Lee said he spoke to both MPs in February and counselled them. Both agreed to stop their affair.
Mr Tan had also offered to resign, which Mr Lee accepted.
But Mr Lee said he held back on Mr Tan’s resignation to make sure his Kembangan-Chai Chee residents in Marine Parade GRC would be taken care of when he leaves.
However, Mr Lee said he then came across information in July that “strongly suggested” that the relationship was still going on.
That was when he decided that Mr Tan had to go.
See omnystudio.com/listener for privacy information.
7/17/2023 • 11 minutes, 51 seconds
Culture Club: - CO PLAY, a first-of-its-kind communal habitat hosting homegrown and international artists in Singapore
CO PLAY aims to create a collaborative haven for artists and collectors in Singapore. They are focused on showcasing unique types of art while creating an old-school market-like experience where those in this sector can interact, allowing the local arts scene to grow.
We speak to Cheong Zhao Yong, Director, CO PLAY more about this.See omnystudio.com/listener for privacy information.
7/14/2023 • 10 minutes, 5 seconds
In the Spotlight: Singapore kicked off the world’s first Olympic Esports Week - What’s next for the future of Esports in Singapore and SEA?
The inaugural Olympic E-sports Week held in Singapore last month is testament to the accelerated interest and growth of the E-sports community in Singapore and beyond. How do we continue to help to facilitate this growth, and through undertaking these efforts, what does the future of the E-sports scene look like?
We speak to Ferdinand Gutierrez, CEO and Co-Founder, Ampverse more about this.See omnystudio.com/listener for privacy information.
7/14/2023 • 10 minutes, 37 seconds
Sports Minutes: From boots to belief, giving back through the beautiful game
Khairul Amri, a stalwart of Singapore football, pays it forward by donating boots to young players in Zambia. Together with Farehan Hussein, former Team Manager of LionsXII - they co-organised a charity football tournament and clinic. The trip, which included cultural exchanges and community engagement, left a lasting impact on both organisers and participants, emphasising the power of football as a universal language. Both Khairul and Farehan join Elliott & Raushan to tell us more!
READ MORE:https://www.straitstimes.com/sport/football/ex-lion-khairul-amri-pays-it-forward-by-partnering-former-team-manager-for-africa-charity-trip
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/14/2023 • 11 minutes, 5 seconds
Market View: Hotel Properties Limited shares down with MD Ong Beng Seng caught up in CPIB probe; Singapore narrowly avoids technical recession in Q2; PepsiCo’s latest earnings; Tesla starts selling Chinese-made Model Y SUVs in South Korea
Singapore stocks started the day on an optimistic note. That’s following news by the Ministry of Trade and Industry that gross domestic product was estimated to grow 0.7 per cent year on year in the second quarter of 2023.
In terms of companies to watch today, we have Hotels Properties Limited. That’s after its co-founder and managing director Ong Beng Seng has been asked by the Corrupt Practices Investigation Bureau (CPIB) to provide information on his interactions with Transport Minister S Iswaran, who is currently on a leave of absence.
Meanwhile, from the latest Singapore GDP numbers to Tesla selling Chinese-made Model Y in South Korea and PepsiCo’s earnings estimates, more economic and corporate headlines continue to be in focus.
On Market View, the Drive Time team unpacked the developments of the day.See omnystudio.com/listener for privacy information.
7/14/2023 • 8 minutes, 59 seconds
Weekly Wrap Up: CPIB probe involving Iswaran, is this a huge blow to our government?
Transport Minister S Iswaran is assisting the Corrupt Practices Investigation Bureau (CPIB) with an investigation into a case uncovered by the agency. These investigations invoke doubts about Singapore's incorruptibility. Moreover, Mr Iswaran's involvement would make the PAP need to reassess his role in the upcoming election as the MP of West Coast GRC.
We speak to Eugene Tan, Associate Professor of Law, Singapore Management University more about this.See omnystudio.com/listener for privacy information.
7/14/2023 • 14 minutes, 15 seconds
Under the Radar: An inside look into the private education business – ESSEC Business School APAC on its industry positioning; Target market; Market for global colleges, universities and professional schools to grow at a CAGR of 5.7% from 2027; New Academy of Luxury in APAC to address talent shortage in booming Asian luxury sector
Today we’re going to bring you an inside look into the private education business.
Founded in 1907, ESSEC Business school is a major French business school with a tightly knit community of some 62,000 graduates.
With the region, ESSEC Business School Asia-Pacific, was established in Singapore in 2005 to offer academic and executive programmes with Asian insights and Western perspectives. It has since welcomed over 5,000 managers and students.
But how does the school differentiate itself from other publicly funded institutions? Who are its target customers and how does it position itself against other players in the education market?
Meanwhile, ESSEC Business School Asia Pacific recently launched its Academy of Luxury to cater to professionals eager to elevate their knowledge and hone skills in luxury management and break into the coveted luxury sector.
The programme was touted as the first of its kind in APAC and seeks to address the ongoing talent shortage in the luxury sector — but to what extent is this shortage driven by a lack in training opportunities?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Prof Reetika Gupta, Deputy Dean of ESSEC Business School, Asia-Pacific. See omnystudio.com/listener for privacy information.
7/14/2023 • 21 minutes, 39 seconds
Market View: Seatrium’s green trade finance facility worth S$1.1b; China’s June exports down 12.4% yoy; McDonald’s China owners planning US$4b exit; US June inflation lowest since March 2021 US Q2 earnings; PepsiCo and Delta Air Lines; S&P closing at highest level since April 2022
Singapore shares opened stronger today following overnight gains in the global market. This comes as the easing of US inflation data stoked optimism of the Federal Reserve ending its interest rate hiking cycle soon.
In early trade, the Straits Times Index (STI) was up 1 per cent to 3,207.5 points after 114.5 million securities changed hands in the broader market.
In terms of companies to watch, we have Seatrium, after the offshore and marine engineering player obtained a green trade finance facility with a banker’s guarantee from OCBC worth 720 million euros (S$1.1 billion) to fund its sustainability efforts.
Meanwhile, from China’s trade figures to the latest US earnings expectations, more international and corporate headlines continue to be in focus.
On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
7/13/2023 • 13 minutes, 52 seconds
Sports Minutes: Will American footballers ever be great?
With Christian Pulisic in the news after sealing a move from Chelsea to AC Milan, we're wondering if footballers from America will ever be great? Well, the female footballers will certainly make a case for it when the 2023 FIFA Women's World Cup gets underway next week, and Team America eyes their 5th successive title triumph!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/13/2023 • 11 minutes, 43 seconds
Culture Club: Increasing popularity of drinks for the wellness conscious
Wellness drinks are one of the biggest beverage trends in the last few years, and we do not expect this craze to budge in the coming years. From coconut water and juice cleanses to kombuchas and kefirs, wellness is infiltrating our diets, menus, and office coffee machine conversations.
But what does ‘wellness’ actually mean for a beverage? And how can we mix wellness drinks into our favourite alcohol beverage?
Victoire Desvigne, General Manager Asia, Fever-Tree shares more with us.
See omnystudio.com/listener for privacy information.
7/13/2023 • 9 minutes, 20 seconds
In The Spotlight: Taylor Swift | The Eras Tour - Is Singapore the entertainment capital of Asia?
Are you ready for it? Taylor Swift | The Eras Tour is Coming to Singapore and Klook is the official experience partner. The partnership marks a noteworthy milestone as Singapore will be the only Southeast Asian destination for this highly anticipated tour.
Music tourism as a culture is growing and yet it’s often overlooked as a powerful vertical in the larger tourism sector. We find out how Singapore is establishing itself as the events and entertainment capital of Asia with Sarah Wan, General Manager for Indonesia, Malaysia, and Singapore, Klook.
See omnystudio.com/listener for privacy information.
7/13/2023 • 11 minutes, 49 seconds
Under the Radar: BHP’s CCO on demand of minerals such as copper, nickel, iron ore, coking coal, potash amid structural trends such as electrification, EV adoption; China’s steelmakers warning of a tough 2H2023 and impact on iron ore prices; Balancing net-zero plans and financial viability
Mining for minerals used in farming, infrastructure and even in electric vehicles. That’s what we’re going to talk about on the segment today, with the world’s largest mining company BHP.
Founded in 1885, BHP is a leading resources company headquartered in Melbourne, with about 80,000 employees and contractors across 90 locations worldwide.
It produces essential commodities through its assets such as open-cut and underground mines, as well as gas production and processing facilities. The minerals include copper for renewable energy, nickel for electric vehicles, iron ore, as well as coal used to make steel.
But how does it operate exactly? What is demand like for the different types of minerals at this point in time?
And with China’s leading steelmakers warning of a challenging second half amid sluggish economic recovery – what will this mean for BHP’s iron and coal mining business?
Meanwhile, BHP earlier announced plans to decarbonise its mining operations to achieve net-zero by 2050, but how does it balance financial viability and environmental goals?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Vandita Pant, Chief Commercial Officer, BHP for more.See omnystudio.com/listener for privacy information.
7/13/2023 • 27 minutes, 28 seconds
Sports Minutes: Daniel Ricciardo returns to Formula 1
Daniel Ricciardo is making a surprising return to Formula 1 and will drive for Red Bull's sister team Alpha Tauri for the rest of the season. The 34-year-old Australian, who was released by McLaren last year, will race at the Hungarian Grand Prix on 23 July. He replaces Nyck de Vries, who has been dropped after only 10 races.
Matthew Marsh, F1 analyst and former racing driver, sheds light on what this means for Ricciardo, and the rest of the grid.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/12/2023 • 12 minutes, 44 seconds
Market View: Fast Retailing’s earnings as a bellwether of China’s retail recovery; Sumitomo Mitsui Financial Group launches digital bank in US; Japan’s wholesale inflation slowed for sixth straight month; New Zealand’s central bank pauses interest rate hikes; US inflation expectations
Singapore shares started the day on a softer note despite overnight gains on the global market.
In early trade, the Straits Times Index (STI) headed down 0.1 per cent to 3,159.74 points after 63.7 million securities changed hands in the broader market.
In terms of companies to watch for today, we have UOL Group and Singapore Land Group.
This comes as the Housing and Development Board announced the award of a mixed-use land parcel in Tampines to a joint venture between a UOL-Singapore Land consortium and CapitaLand Development.
Elsewhere, from Fast Retailing’s earnings being a bellwether of China’s retail industry to Huawei plotting a return to the 5G smartphone industry and to Japan’s wholesale inflation slowing for the 6th straight month, more international headlines continue to be in focus.
On Market View, the Drive Time team unpacked these developments with Sarah Lien, Senior Product Specialist, Allianz Global Investors. See omnystudio.com/listener for privacy information.
7/12/2023 • 11 minutes, 14 seconds
Culture Club: Geneco X Daryl Aiden Yow X REFASH Collab
The importance of mental well-being remains pertinent to all individuals in Singapore. Geneco has launched a campaign to raise awareness about Singapore’s abundant green spaces and their positive impact on mental wellness.
Alex Chan, Head of Brand, Communications and Marketing, Geneco shares with us more on Geneco's efforts on this front and the company's unconventional move to engage Daryl Aiden Yow.
See omnystudio.com/listener for privacy information.
7/12/2023 • 9 minutes, 29 seconds
In the Spotlight: Understanding the evolution of cloud technology
According to GlobalData, enterprises in ASEAN have accelerated their cloud adoption initiatives and as a result, superclouds have seen a rise in popularity. But how fast is the rise of supercloud in our own region?
Perry Krug, Head of Developer Experience, Couchbase gives us an overview of supercloud adoption in the Southeast Asian region and where Singapore is at in this front. See omnystudio.com/listener for privacy information.
7/12/2023 • 9 minutes, 22 seconds
Regional Roundup: Is Malaysia's political scene giving too much attention to Dr M?
From the relevance of former Malaysian PM Dr Mahathir Mohammad in the country’s political scene and the latest from Asean Foreign Ministers’ Meeting (AMM).
Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs gives us an analysis of those headline and more. See omnystudio.com/listener for privacy information.
7/12/2023 • 10 minutes, 56 seconds
Under the Radar: Trust Bank’s CEO Dwaipayan Sadhu on Trust Bank crossing S$1b in deposits; To become 4th largest retail bank by end 2024; To breakeven by 2025; Managing customer acquisition costs; Positioning against GXS Bank and MariBank; Interest rates vs inflationary environment
We told you about the wholesale banking landscape in our conversation with ANEXT Bank a couple of months back. Now this time, we’re going to turn our attention to look at the digital retail banking sector.
Our guest for today is Trust Bank, which is the digital bank backed by Standard Chartered and FairPrice Group.
The bank had breached the S$1 billion mark in deposits in early May, with over 500,000 customers signing up, with over 70 per cent of customers coming through referrals.
Meanwhile, the company also set a goal to become the fourth largest retail bank in Singapore by customer numbers by the end of next year. It also intends to breakeven by 2025.
Question is – how does it intend to do so with a focus on the mass market and how will it reduce its customer acquisition costs along the way?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Dwaipayan Sadhu, CEO, Trust Bank for more. See omnystudio.com/listener for privacy information.
7/12/2023 • 20 minutes, 19 seconds
Sports Minutes: Noh Alam Shah on FAS' recommendations to improve Singapore Football
With a reputation as one of Singapore's greatest strikers and two AFF Championships under his belt in 2004 and 2007, it's safe to say Noh Alam Shah knows a thing or two about local football. And the former Lion, now team manager with Tanjong Pagar United, was at his effervescent best as Elliott and Raushan discuss the Football Association of Singapore's findings of its SEA Games review.
READ MORE:https://www.straitstimes.com/sport/football/fas-to-work-on-10-areas-for-sea-games-teams-after-review-pledges-to-build-a-better-futureGot a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/11/2023 • 13 minutes, 25 seconds
Market View: DBS sells majority stake in AXS; China signals more economic support measures; Amro cuts ASEAN+3 inflation forecast; BoK to keep policy rates unchanged; South Korea’s nuclear power-linked stocks surges on possibility of new atomic plant; US inflation expectations
Singapore stocks were higher at the open, following cautious sentiment in Wall Street as investors await critical inflation data out of the US.
In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,160.10 points after 38.5 million securities changed hands in the broader market.
In terms of companies to watch for today, we have DBS, after the bank agreed to sell a 77.8 per cent stake in electronic payment services provider AXS to private equity firm Tower Capital Asia.
Elsewhere, from China signalling more economic support measures to inflation forecasts for Asean +3 and the US and nuclear stocks jumping in South Korea, we’ve got more international headlines for you.
On Market View, the Drive Time team unpacked these developments with Eddy Loh, Chief Investment Officer, Maybank Group Wealth Management. See omnystudio.com/listener for privacy information.
7/11/2023 • 11 minutes, 1 second
Culture Club: Restoring Singapore’s reefs, the significance of coral restoration in rebuilding marine biodiversity and ecosystem health
60 percent of Singapore’s reef area has been lost to land reclamation. The Nature Conservancy (TNC) is a global conservation organisation dedicated to resolving issues such as the loss of coral reefs. It is establishing partnerships with organizations for funding and research to achieve this goal.
We speak to Thomas Brzostowski, Singapore Country Director, The Nature Conservancy more about this.See omnystudio.com/listener for privacy information.
7/11/2023 • 13 minutes, 8 seconds
Under the Radar: Temasek Review 2023 – CFO Png Chin Yee on portfolio value and shareholder returns; Investments in unlisted assets amid falling deal values in APAC; Outlook for Singapore firms; Views on crypto sector after FTX investment; Focus in EMEA; Views on investing in US and China; Plans for second half of fiscal year 2023.
Our guest for today is no stranger to Singaporeans. Founded in 1974, Temasek is a global investment company with 12 offices across eight countries.
The state investor has a long term horizon, where activities are guided by their views on long-term structural trends. It mostly invests in equities though it does not set limits for geographies, sectors or asset classes.
The firm released its latest annual review for FY 2023 today, where its net portfolio value dropped to S$382 billion from the S$403 billion seen in 2022.
Meanwhile, its 1-year total shareholder return was at negative 5% due to a fall in the valuation of public and private equities, though its 10-year and 20 year total shareholder returns remained robust at 6% and 9% respectively.
So how does Temasek read into its latest performance? What is its current portfolio construction strategy and outlook for Singapore companies? Also – what is Temasek’s view on the crypto sector and new growth investments after its investment in FTX?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Png Chin Yee, Chief Financial Officer, Temasek for more.See omnystudio.com/listener for privacy information.
7/11/2023 • 12 minutes, 20 seconds
In the Spotlight: Building cyber-resilience and digital trust in a volatile environment
In this turbulent economy, in order to combat cyber threats, there must be solid communication and trust in the digital workspace, whether within the company or with partners. This is at the forefront of importance for Tanium, a company that provides a powerful and flexible platform to secure endpoint devices.
We speak to Dan Streetman, Global Chief Executive Officer, Tanium more about this.See omnystudio.com/listener for privacy information.
7/11/2023 • 11 minutes, 4 seconds
China Perspective: China's influence in the Russia-Ukraine War
US Treasury Secretary Janet Yellen has concluded her four day visit in China on Sunday. However, press releases do not indicate any substantive outcomes from this visit with both sides refusing to waver from their terms.
China looks to take on the role of mediator in the Russia-Ukraine War to cement its role on the international stage.
Finally, China and the Solomon Islands have announced a comprehensive strategic partnership. What implications could this have?
We speak to Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs more about these headlines.See omnystudio.com/listener for privacy information.
7/11/2023 • 8 minutes, 4 seconds
Sports Minutes: Why Australian defender Bailey Wright swapped Sunderland for Singapore?
Speaking exclusively to Sports Minutes, Australian International and former Sunderland defender Bailey Wright tells us why he swapped Sunderland for Singapore, his aims & ambitions with the Lion City Sailors and playing at the 2022 Qatar World Cup.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/10/2023 • 13 minutes, 54 seconds
Market View: China ending long-running crackdown on tech firms; Ant Group’s surprise share buyback; China’s factory gate prices fall at fastest pace in 7 years; Hong Kong’s relaxed mortgage rules; Dasin Retail Trust records net loss of S$221.5m; Janet Yellen on US recession; Mixed jobs report
Singapore shares opened stronger after global markets closed mixed on Friday.
In early trade, the Straits Times Index (STI) rose 0.1 per cent to 3,141.17 points after 75.2 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Dasin Retail Trust. Its trustee-manager reported today a net loss of S$221.5 million for the second half ended December 2022, widening from the net loss of S$51.8 million seen in the same period a year prior to that.
Meanwhile, from China ending its long-running crackdown on the technology sector to the US non-farm payroll numbers, more international headlines continue to be in focus.
On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
7/10/2023 • 15 minutes, 38 seconds
Culture Club: Living with endemic Covid-19, could a rebound happen?
Should treatment for rebound COVID-19 patients be different from those who contracted it for the first time? How does Oral Antiviral drug Paxlovid work? Lastly, should we be afraid of a return of the COVID-19 endemic?
We answer these questions with Dr Lee Tau Hong, Infectious Disease Specialist, Mount Elizabeth Medical Centre.See omnystudio.com/listener for privacy information.
7/10/2023 • 9 minutes, 36 seconds
In the Spotlight: Tech trends that will influence your marketing strategies
OtterHalf is a tech-focused global marketing agency, involved in helping multiple startups who may not have the necessary resources to grow. It comes up with multiple marketing strategies by keeping up with trends and using modern platforms such as Tiktok to promote the brands that they work with.
We speak to Cassandra Ong, Founder of OtterHalf more about this.See omnystudio.com/listener for privacy information.
7/10/2023 • 9 minutes, 22 seconds
Under the Radar: The South Korean startup that could rival Nvidia in AI-chip manufacturing – Rebellions Inc on making chips customised for specific AI functions; Working with TSMC on a chip for finance; Strategic value of Investors including KT Investment, Temasek’s Pavilion Capital; Capturing the momentum of silicon business shifting back to Asia
Today we’re going to give you a snippet into a South Korean startup that could rival Nvidia in the race to provide high-end AI-chips.
But not without some context about the AI chip prediction landscape. Currently, Nvidia dominates the AI computing market with analysts predicting a market share of between 80 and 95%.
It provides graphics processors known as GPUs for users to run AI applications due to its computing power.
Now here’s the thing – GPUs were initially made for 3D gaming and are not optimised for specific AI functions. So that means it can be costly and less efficient to train and run AI models using Nvidia’s GPU.
This also opens up an opportunity for industry players to manufacture chips that cater to the boom in AI, and perhaps for a specific use case. Take for example, a chip made specifically for the use of AI in the finance industry.
And that’s exactly what our guest for today, Rebellions Inc is relying on to get a slice of the AI-pie.
But what opportunities lie ahead of the firm? Also, what are some expansion plans for the firm, which is backed by KT and Singapore’s Temasek Pavilion Capital?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Kyeong-Jae Lee, Business Development Lead, Rebellions Incorporated for more.See omnystudio.com/listener for privacy information.
7/10/2023 • 14 minutes, 7 seconds
In the Spotlight: Unleashing the silver surfers, More Singaporean baby boomers are using social media platform
There’s a 33% increase in the average daily use of networking platforms over the last 3 years by baby boomers. This just shows that social media has had such an influence on people's lives, even across generations. However, Gen Z still remains the one to watch as they will have the greatest impact on the evolution of social media in the coming years.
We speak to Jo Ling Sun, Senior Trends Analyst, GWI more about this.See omnystudio.com/listener for privacy information.
7/7/2023 • 10 minutes, 57 seconds
Culture Club: The power of brand collaborations - The LEGO Group lights up Orchard Road with a LEGO BTS Dynamite experience
The LEGO Group has collaborated with many brands around the world to attract different demographics with different interests. It's most recent one is the LEGO BTS Dynamite experience pop-up in Orchard Road. New innovations and ideas is not only something LEGO promotes in their consumers, but is also vital for workers to help grow their brand.
We speak to Rohan Mathur, Marketing Director of SEA, The LEGO Group more about this.See omnystudio.com/listener for privacy information.
7/7/2023 • 13 minutes, 46 seconds
Weekly Wrap Up: Malaysia to hold state elections, what is at stake for PM Anwar
Malaysia will be holding its elections in six states on August 12. The Malaysian Chinese Association (MCA) and Malaysian Indian Congress (MIC) have decided not to contest the upcoming polls. Lastly, how will the outcome of the election affect the Malaysian public's view of PM Anwar?
We speak to Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs more about this.See omnystudio.com/listener for privacy information.
7/7/2023 • 8 minutes, 45 seconds
Market View: Sabana Reit’s EGM and Quarz Capital; Bytedance launches new music streaming service; Samsung’s likely 96% plunged in 2Q operating profits; Chinese authorities likely to impose at least a 8b yuan fine on Ant Group; Elon Musk vs Mark Zuckerberg - Thread and Threats; Janet Yellen in Beijing
Singapore shares started trading in negative territory today mirroring the slump in global markets.
In early trade, the Straits Times Index (STI) was down 0.2 per cent at 3,144.26 points as 27.4 million securities changed hands across the broader market.
In terms of companies to watch today, we have Sabana Reit – more issues surrounding its relationship with investor Quarz Capital and the Reit’s upcoming EGM.
Elsewhere from Bytedance launching a new music streaming service in Brazil and Indonesia to Samsung reporting a likely 96% plunge in second quarter operating profits, we’ve got more corporate headlines for you.
Not to mention – Twitter threatening to sue Meta over Threads.
On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
7/7/2023 • 13 minutes, 35 seconds
Sports Minutes: Why the Saudi Pro League won't be Chinese Super League 2.0
The Saudi Pro League is taking world football by storm with its raft of high-profile recruitments and ambitious plans to challenge the established order. But will this be a long-term project or will it fizzle out much like the Chinese Super League? And what about the accusations of sports washing?
Well the Saudi Pro League's new Chief Operating Officer, Carlo Nohra is in the hot seat on Sports Minutes to tell us more!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/7/2023 • 13 minutes, 29 seconds
Under the Radar: Behind the meat we eat – Japfa’s CEO on being vertically integrated from farm to table; ASEAN countries in the midst of “meatification", Competitive landscape; Supply chain disruptions and diversification; Financial performance amid margin compression, high inflation and African Swine Fever
Have you ever wondered where the meat we eat comes from? That’s exactly what we are going to find out today.
Headquartered in Singapore, our guest Japfa specialises in producing protein staples and packaged food that feeds millions of people.
Put simply, the company produces animal feed such as poultry feed, cattle feed and aquaculture feed. It breeds animals such as chicken, pigs, fish and cows, fatten the animals, before processing and distributing them.
Japfa has a workforce of over 38,000 people across an integrated network of modern farming, processing and distribution facilities in Indonesia, Vietnam, India, Myanmar and Bangladesh.
But what are the benefits of being vertically integrated, and which are the key markets for Japfa?
Also – how is the company diversifying its revenue streams in a post-pandemic world? And how does Japfa position itself in a high inflationary environment with consumers squeezed by price increases?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Tan Yong Nang, Chief Executive Officer, Japfa for more.See omnystudio.com/listener for privacy information.
7/7/2023 • 23 minutes, 52 seconds
Culture Club: Helping Singapore’s F&B heritage brand Ya Kun, go global
Ya Kun Kaya Toast has been in business for more than 70 years and began to experience significant growth in the early 2000s. Prioritizing customer satisfaction has been a key factor in allowing this to happen.
We speak to Jesher Loi, Director, Branding and Market Development, Ya Kun International about how he started in, and grew the company. He also tells us more about where this company is headed in the future.See omnystudio.com/listener for privacy information.
7/6/2023 • 12 minutes, 41 seconds
In the Spotlight: Planning for the future of Changi Airport, given T5 development
Many efforts are being taken to advance technology in the aviation sector. What issues are they trying to tackle? Moreover, with the travel industry recovering in this post-pandemic era, how are aviation companies taking advantage of this?
We speak to Joshua Ng, Director, Alton Aviation Consultancy more about this.See omnystudio.com/listener for privacy information.
7/6/2023 • 10 minutes, 13 seconds
Euro Watch: NHS celebrates its 75th birthday
In the upcoming NATO summit, NATO’s expansion along with the Russia-Ukraine war will likely be prominent topics.
As the NHS, the UK’s publicly funded healthcare system, celebrates its 75th birthday. The party-like manner that it is being celebrated is sparking some controversy amongst the UK public.
Negotiations on The Black Sea Grain Initiative, which is due to expire on July 18, continue with the Ukrainian government claiming that the Russian side is actually blocking the initiative.
We speak to Alex Capri, Research Fellow, Hinrich Foundation & Lecturer in the Business School, National University of Singapore more about these headlinesSee omnystudio.com/listener for privacy information.
7/6/2023 • 10 minutes, 24 seconds
Sports Minutes: Prejudices preventing female growth in Formula 1
We dive deep into a groundbreaking study by More Than Equal, an organisation co-founded by ex-Formula 1 driver David Coulthard, that uncovers the deep-rooted prejudices preventing female growth in the world of motorsport. Joining us to xplore the challenges faced by women in this male-dominated industry and shed light on the barriers that hinder their progress is Alex Yoong, former F1 driver & founder of AXLE Motorsport.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/6/2023 • 12 minutes, 8 seconds
Market View: SingPost hits 7-week high; Chinese investors rush to make dollar deposits, buy Hong Kong insurance; Top Asia IPO gainers in Japan; Fed minutes; US stock market performance for 1H2023
Singapore stocks opened weaker today following overnight losses on Wall Street.
In early trade, the Straits Times Index (STI) headed down 0.2 per cent to 3,179.3 points after 47.1 million securities changed hands.
In terms of companies to watch, we have Singapore Post. That’s after the Singapore government said it will consider allowing SingPost to introduce postage rate adjustments to “better reflect the cost of letter mail business”.
Elsewhere, from the latest Federal Reserve’s policy meeting minutes to Chinese investors rushing to make dollar deposits and buy Hong Kong insurance – we’ve got more international headlines in focus.
On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
7/6/2023 • 12 minutes, 37 seconds
Under the Radar: GlobalTix on the proposition of booking platforms versus online travel agencies; Having Gardens by the Bay, Singapore Airlines as clients; Offerings including dynamic pricing; Deepening presence in Asia; Demand amid post-pandemic tourism boom
Do you still remember the time when every eligible Singaporean could book for attraction tickets, hotel stay-cations and local tours using the SingapoRediscovers Vouchers?
Well, we are bringing this up because our guest for today is one of the industry players that helped to facilitate your SingapoRediscovers voucher redemption.
Founded in 2013, GlobalTix is one of the leading reservation and distribution platforms that provide end-to-end solutions for attractions and operators of tours and activities to grow, manage and connect tourist activities to travel agents.
How does it differ from your Klook or KKDay you might ask? Well, think of it this way, GlobalTix is not an online travel agency that manages and aggregates your tour bookings.
Instead, works as a wholesaler providing reservation and distribution platforms for clients such as Gardens by the Bay, Mandai Wildlife Group and the Singapore Airlines.
That means all customer bookings and data goes are managed by the attractions or tour operators themselves rather than GlobalTix.
But how exactly does GlobalTix position itself in the ticketing business? And with tourism coming back in full swing, what does it mean for GlobalTix’s product offerings?
On Under the Radar, Chee Kong Chan, COO, GlobalTix joined Drive Time’s finance presenter Chua Tian Tian in-studio for more.See omnystudio.com/listener for privacy information.
7/6/2023 • 13 minutes
Regional Roundup: Is Thailand's parliament opening going to create a new era of Thai politics?
From Thailand's King Maha Vajiralongkorn inaugurating the opening of the country's parliament on Monday, to updates on Pita Limjaroenrat's race to become Prime Minister, we put Thailand in focus on this edition of Regional Roundup.
We speak to Dr. Termsak Chalermpalanupap, Visiting Fellow & Acting-Coordinator of the Thailand Studies Programme, ISEAS-Yusof Ishak Institute more about these headlines.See omnystudio.com/listener for privacy information.
7/5/2023 • 5 minutes, 38 seconds
Culture Club: McDonald’s efforts in deepening the awareness of the topic of family mental wellness
Mental health awareness is becoming increasingly more important as factors that could pose a threat to mental health, such as social media, are playing a larger role in a lot of our lives. McDonald's has launched the Family Mental Wellness campaign in 2022 to promote greater awareness amongst parents on the importance of supporting their children's mental wellness.
We speak to Benjamin Boh, Managing Director, McDonald's Singapore more about this.See omnystudio.com/listener for privacy information.
7/5/2023 • 15 minutes, 41 seconds
Market View: MAS posts record S$30.8b loss; UOL’s deal to sell Parkroyal on Kitchener Road; Eneco Energy’s new contract with Asia Pacific Breweries; China’s game provider NetEase’s 85% rally; Fed minutes to come
Singapore stocks opened weaker today, following cautious sentiments in the European market amid global economic uncertainties.
In early trade, the Straits Times Index (STI) headed down 0.1 per cent to 3,199.39 points, after 79.5 million securities worth S$35.9 million changed hands.
In terms of companies to watch for today, we have UOL Group, after the real estate group entered into an agreement with an entity of Worldwide Hotels, to sell Parkroyal on Kitchener Road for S$525 million.
From the Monetary Authority of Singapore posting a record S$30.8 billion loss following the tightening of the Sing dollar to China’s internet and game provider NetEase’s 85% stock comeback to expectations of the Fed’s latest minutes out later in the trading day, we’ve got more news weighing on markets.
On Market View, the Drive Time team unpacked these developments with Matthias Chan, Head of Research at SAC Capital.See omnystudio.com/listener for privacy information.
7/5/2023 • 10 minutes, 3 seconds
In the Spotlight: With generative AI, is Human Resources still relevant?
With AI being capable of replacing humans when it comes to doing tasks in the Human Resources sector, many are afraid that they will lose their jobs. This worry is spread across many other industries as well. However, rather than losing jobs, it seems like the roles and job scope of people working in HR will instead experience a shift to one that can work together with AI to provide good services.
We speak to Sriram Iyer, Adjunct Senior Lecturer, Department of Management & Organisation, NUS Business School more about this.See omnystudio.com/listener for privacy information.
7/5/2023 • 10 minutes, 54 seconds
Sports Minutes: Fresh starts for Mason Mount & Mauricio Pochettino
With the imminent arrival of Mason Mount to Manchester United after spending 18 years at Chelsea, and Mauricio Pochettino returning to English Football since his departure from Spurs in 2021 - Elliott and Raushan are in a pensive mood as they discuss the benefits of a fresh starts.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/5/2023 • 14 minutes, 38 seconds
Under the Radar: Varjo on serving ~25% of Fortune 100 companies including Boeing, Aston Martin; Focus on advanced VR users like astronauts, governments; Industry positioning strategy; Assessment of the nascent XR industry; Not wanting Apple’s VR headsets to fail; Competition vs collaboration; US$40m Series D funding; Valuations
Extended reality solutions - the umbrella term for virtual reality, augmented reality and mixed reality solutions – are at the heart of our conversation today.
Our guest for today is from Varjo. The Finnish firm that – by the way consists of veterans who previously came from Nokia Cast – makes what it calls the highest immersion virtual and mixed reality products and services that includes not just the headset, but also software applications for enterprises.
Its devices are used to train advanced VR users such as astronauts, pilots, nuclear power plant operators, as well as for car design and pioneering research.
According to TechCrunch, Varjo’s customer base includes about a quarter of the Fortune 100 companies – think the likes of Boeing and Aston Martin. The firm also works with governments in the US and Europe.
But how does Varjo assess the demand for extended reality products and services from these big players?
And with Apple unveiling its Apple Vision Pro spatial computer, is competition heating up for Varjo? Does Varjo want Apple to succeed to aid the growth of the nascent industry?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Patrick Wyatt, Chief Product Officer, Varjo.See omnystudio.com/listener for privacy information.
7/5/2023 • 11 minutes, 29 seconds
In the Spotlight: Singapore's NEU Battery Materials raises $3.7m to recycle lithium from used batteries
Never Ending Use, or NEU battery materials is a Singapore-based lithium-ion battery recycling startup. Although battery recycling has been around for some time already, this startup aims to further promote sustainability by using more environmentally friendly ways of going through this process.
We speak to Bryan Oh, Co-Founder & CEO & Kenneth Palmer, Co-Founder & CTO, NEU Battery Materials more about this.See omnystudio.com/listener for privacy information.
7/5/2023 • 14 minutes, 46 seconds
Culture Club: The potential of genetic interventions to extend lifespan and reverse ageing
Strategies to slow aging have been in the works for some time. The lifespan of the average human is due to increase further in the coming years, especially with the help of this research. Improving the 'healthspan' of an individual, which is simply how long they stay healthy, is the key to helping them live a longer and more comfortable life.
We speak to Brian Kennedy, Chief Scientific Officer, Regenosis & Director, Centre for Healthy Longevity, National University of Singapore more about this.See omnystudio.com/listener for privacy information.
7/4/2023 • 8 minutes, 9 seconds
Market View: Singapore’s PMI figures; Sats and SingPost explores strategic partnership on e-commerce transhipment hub in Singapore; China to control exports of metals used in semiconductor industry; Hong Kong’s aviation sector to recover sooner than expected; Meta Platforms to launch Threads
Singapore stocks opened little changed today, following overnight losses in Europe and a muted performance on Wall Street.
In early trade, the Straits Times Index (STI) edged down 0.01 per cent to 3,206.69 points after 42.4 million securities changed hands across the broader market.
In terms of companies to watch for today, we have Sats and SingPost, after news that both parties are exploring a strategic partnership in the potential establishment of an e-commerce transhipment hub in Singapore.
Elsewhere, from Singapore’s latest factory activity numbers to Hong Kong’s aviation recovery and China restricting chipmaking exports – more international news continue to make the headlines. Not to mention – Meta to launch Twitter-like app Threads.
On Market View, the Drive Time team unpacked these developments with Kelvin Wong, Senior Market Analyst, OANDA.See omnystudio.com/listener for privacy information.
7/4/2023 • 11 minutes, 43 seconds
Sports Minutes: A Singaporean baseball player in Japan
Kohei Wong, the first Singaporean to have successfully joined a professional baseball team — the Ibaraki Astro Planets in Japan, joins us to share his journey to Japan. What does he hope to learn from his stint in the land of the rising sun? And what are his aspirations for baseball in Singapore? Tune in to find out!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/4/2023 • 13 minutes, 50 seconds
China Perspective: China on a natural gas shopping spree
US treasury secretary Janet Gellen Is set to visit Beijing. What can we expect? Could china reciprocate by sending their own officials?
China's new law on foreign relations puts in place measures to counter foreign encroachment .They are also buying large amounts of natural gas to curb an energy shortage.
Lastly, US trade and Treasury official Brad Setser claims that China has $3 trillion of ‘hidden’ currency reserves. Should we be worried about China's lack of transparency?
We speak to Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs more about this.See omnystudio.com/listener for privacy information.
7/4/2023 • 10 minutes, 5 seconds
Sports Minutes: Hampered by circumstances beyond one's control
What are the similarities between Lewis Hamilton, Nick Kyrgios and Erik ten Hag? All three have been hampered by circumstances beyond their control. How do you continue to keep up your motivation in such a situation?Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
7/3/2023 • 14 minutes, 24 seconds
Culture Club: A Singapore botanical design studio is now a florist-in-residence at luxury streetwear label Palm Angels' new Paris flagship store
This Humid House is a Singaporean brand that has gone from a small floral business to a botanical design studio whose work includes working for big names like Cartier and Dior. Now, it is the florist-in-residence at the luxury Milanese label Palm Angels' new Paris flagship store.
We speak to John Lim, Founder and Creative Director, This Humid House more about this.See omnystudio.com/listener for privacy information.
7/3/2023 • 14 minutes, 31 seconds
Market View: OUE Healthcare proposes to delist Healthway Medical; Boost in OCBC’s ASEAN-Greater China growth plans to add S$3b in revenue by 2025; Asia’s factory activity slump; Asian refiners expecting Saudi Arabia to lower crude prices in August; Apple reportedly cutting production forecasts for Vision Pro headsets after US$3t valuation
Singapore stocks started the week in positive territory, after markets in the US and Europe closed higher on Friday.
In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,212.63 points after 64.8 million securities changed hands.
In terms of companies to watch for today, we have OUE Healthcare and Healthway Medical. That’s as OUE Healthcare proposed to delist Healthway Medical via a conditional exit offer at S$0.048 per offer share in cash.
Elsewhere, all eyes on a slew of economic data including data points on Singapore’s private home prices, Asia’s factory activity.
Also in focus – OCBC’s growth in ASEAN and the Greater China region, refiners’ expectations for Saudi Arabia to lower crude prices and Apple reportedly cutting the production of its Vision Pro AR headset.
On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
7/3/2023 • 16 minutes, 41 seconds
In the Spotlight: Launching a crypto-exclusive e-commerce marketplace despite bearish market
While wealth in cryptocurrencies continues to accumulate, the question remains, can there be a meaningful use case for it? Our next guest's mission is to make buying real-life goods using crypto as simple as it is to go to Amazon using traditional currency.
We speak to Julian Chow, CEO & Co-Founder, GM.co more about this and how such a platform can benefit various brands as well. See omnystudio.com/listener for privacy information.
7/3/2023 • 9 minutes, 31 seconds
Washington Report: What effects will the US Supreme Court recent rulings on education policies have?
The US Supreme Court, in its latest conservative shift, has upended decades of precedent allowing race-based college admission. Diversity is vital for students to create a holistic education environment and this ruling poses a threat to that factor. The Supreme Court has also dealt a fatal blow to US President Joe Biden’s plan to cancel student debt for tens of millions of Americans.
Former president Donald Trump has been indicted again with the new charges being based on incriminating recordings bragging to associates about top secret military efforts against Iran.
We speak to Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College more about these headlines.See omnystudio.com/listener for privacy information.
7/3/2023 • 11 minutes, 9 seconds
Under the Radar: FedEx on air cargo demand post-pandemic; FedEx’s Q4 earnings and guidance; On IATA’s data showing global air cargo down 6.6% yoy in April; Whether demand is shifting to maritime shipping players; Removing 29 aircraft from fleet; Adding small feeder aircrafts to enhance flexibility
Today we’re going to talk about one of the world’s largest express transportation companies.
Our guest for today is from FedEx, a company that was founded by Frederick W Smith as the Federal Express Corporation in 1971.
And here’s a fun fact about the company’s name.The word “federal” suggested an interest in nationwide economic activity in the US and was meant to resonate with the US Federal Reserve Bank, which is a potential customer for the logistics player.
But back to FedEx’s business, the firm recently reported fourth quarter earnings of US$4.94 per share, better than the analyst estimate of US$4.86.
Still, revenue came in below expectations. More recently, FedEx is also streamlining its air courier business by removing 29 aircrafts from its fleet to make its logistics network more flexible amid slowing global trade activities in the current economic climate.
So how will such efforts aid FedEx in becoming leaner and more competitive against industry peers and what is the road ahead for the firm?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Audrey Cheong, Vice President, Southeast Asia Operations, FedEx for more.See omnystudio.com/listener for privacy information.
7/3/2023 • 20 minutes, 49 seconds
Weekly Wrap Up: Oil Slicks spotted on shores of East Coast Park
On 27 June, a nature enthusiast spotted mass oil slicks on the shores of East Coast Park. In Singapore, where shipping is an essential part of economy, this occurrence is not completely avoidable. There are already measures put in place to reduce the chances of this happening but what more can be done?
We speak to Kua Kay Yaw, Former chairman of Marine Conservation Group, Nature Society (Singapore) more about this.See omnystudio.com/listener for privacy information.
7/3/2023 • 7 minutes, 21 seconds
Culture Club: Brewnanza Fest by Brewlander, the ultimate beer festival experience
The Brewnanza Fest by Brewlander is happening from 3 to 6 August 2023 at the Bayfront Event Space. It looks to bring beer-lovers together, introducing different types of craft beer. It calls in overseas parties for even more diversity, along with music and other sources of entertainment to improve the experience for those who attend the event.
We speak to John Wei, Founder & Yeast Whisperer, Brewlander more about this.See omnystudio.com/listener for privacy information.
6/30/2023 • 12 minutes, 15 seconds
In the Spotlight: How becoming driver-centric in operations can help mitigate challenges in the e-hailing industry
E-hailing through various applications comes with its fair share of criticisms from both riders and drivers. These issues include those surrounding incentives for drivers, waiting times and ride costs. TADA is one of newer members of this industry and its approach to providing good e-hailing services is slightly different compared to its competitors. What efforts do they take to tackle these problems and what does the future of the company look like?
We speak to Jonathan Chua, Regional General Manager and Said Salim, Driver-Partner, TADA Mobility (Singapore) more about this.See omnystudio.com/listener for privacy information.
6/30/2023 • 16 minutes, 7 seconds
Sports Minutes: Caroline Wozniacki on the comeback trail
Former World No. 1 Caroline Wozniacki is set to make a comeback to tennis having retired from the sport in 2020 to start a family. The Dane spent 71 weeks at the top of the world rankings and finished with 30 singles titles - including a Grand Slam crown at the Australian Open in 2018.
Mousummi Dutt, tennis commentator and international sports broadcaster, weighs in on Wozniacki's comeback as well as the upcoming Wimbledon Championships.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
6/30/2023 • 9 minutes, 13 seconds
Market View: Temasek sells 1.85% stake in SIA; China’s factory activity contracted for third straight month in June; SHEIN denies US IPO; Nike’s guidance falls below estimates; Airbnb disputes viral tweet on revenue for US property owners; Pokemon Go’s Niantic closing LA game studio, cancels NBA and Marvel titles
Singapore shares started trading in positive territory today largely mirroring global markets.
In early trade, the Straits Times Index (STI) was up 0.4 per cent at 3,220.16 points after 109 million securities changed hands across the broader market.
In terms of companies to watch today, we have Singapore Airlines, after news emerged that Temasek is selling around S$400 million worth of shares, or a 1.85 per cent stake, in the national carrier as a portfolio rebalancing act.
Meanwhile, from Nike’s earnings to SHEIN denying a US lPO more companies continue to be in focus. Also on our agenda today, China’s latest manufacturing activity contracted for a third straight month in June amid weak demand.
On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
6/30/2023 • 11 minutes, 1 second
Under the Radar: ABB’s Singapore CFO on its 2023 order book; Demand for services across electrification, motion, process automation and robotics; Big bet on electrification; US$1m investment to open Digital Solutions and Training Centre in Singapore; ABB E-Mobility’s fund raising and potential listing and possible impact on ABB Singapore
Today we’re going to talk to a company that hires over 105,000 employees around the world.
With over 130 years of history, ABB is a Switzerland-based technology leader in electrification and automation to drive industrial transformation and enable a more sustainable and resource efficient future.
The firm serves a wider range of clients from industries ranging from automotive, mining, marine, metals, life sciences, power generation, process automation to even pulp and paper and railway.
But how does it define the market it is in, and position itself differently for the different verticals or customer segments? Also – what is in its order book for this year as far as Singapore is concerned?
ABB, meanwhile, is investing US$1 million (check currency) to open a Digital Solutions and Training Centre in Singapore to train its staff to implement and operate digital solutions for electric systems. But what can we expect looking ahead?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Jerrica Chooi, Country Holding Officer at ABB.See omnystudio.com/listener for privacy information.
6/30/2023 • 23 minutes, 51 seconds
Sports Minutes: Who's got the upper hand in the transfer market frenzy?
The discussion on the transfer market frenzy continues, with a host of clubs in the hunt for fresh blood. Who holds the trump card in these negotiations - the selling club, the buying club, the owners, the managers or the players themselves? Listen in as we hear from Fabrizio Romano, Eniola Aluko & Dharmesh Sheth on the latest transfer stories dominating the headlines.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
6/28/2023 • 13 minutes, 29 seconds
Culture Club: Exploring the rise of ‘quiet hiring’ in the post-pandemic workforce
Quiet hiring, where employers make existing employees do tasks outside their regular job scope, is increasing in Singapore. This removes the need to go through the long process of bringing in new talent for that task. However, employers must not exploit the workers who take this initiative and recognize the merits of their hard work.
We speak to Dr. Aaron Ng, Assistant Professor, Singapore Institute of Technology more about this.See omnystudio.com/listener for privacy information.
6/28/2023 • 11 minutes, 58 seconds
Market View: UBS to cut over half of Credit Suisse’s 45,000-strong workforce; SIA’s CEO’s remuneration up 86%; Russia-based Don Agro International shares up as much as 89.5 per cent after proposing to sell crop and milk production businesses for 6.2b roubles; US reportedly mulling new AI chip export restrictions: Joe Biden says US will avoid recession
Singapore shares started trading in positive territory today, tracking gains in the US and Europe.
In early trade, the Straits Times Index was up 0.5 per cent at 3,220.76 points after 51.3 million securities changed hands across the broader market.
In terms of companies to watch, we have Catalist-listed Don Agro International. The Russia-based agricultural company has proposed to sell its crop and milk production business –for 6.2 billion roubles or around S$113 million.
Meanwhile, from UBS preparing to cut over half of Credit Suisse’s 45,000-strong workforce to SIA’s remuneration for its chief executive and its dividends for shareholders, corporate headlines continue to be in focus.
On Market View, the Drive Time team unpacked these developments with Robert St Clair, Managing Director and Strategist, Fullerton Fund Management.See omnystudio.com/listener for privacy information.
6/28/2023 • 12 minutes, 2 seconds
Regional Roundup: The Najib dilemma for Malaysia
From Umno pressing for Malaysia's former prime minister Najib Razak's release to Thailand’s newly elected parliament meeting on July 03 but who will be their new prime minister?
We speak to Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs more about these headlines.See omnystudio.com/listener for privacy information.
6/28/2023 • 10 minutes, 41 seconds
In the Spotlight: How to drive industrial transformation through automation
In the latest "World Robotics" report it has been revealed that the use of new industrial robots is at an all-time high. Digital transformation in forms such as this looks to help the manufacturing industry be more sustainable and efficient and implementing this technology will be crucial for the future growth of businesses in this sector.
We speak to Marcelo Tarkieltaub, Southeast Asia’s Regional Director, Rockwell Automation more about this.See omnystudio.com/listener for privacy information.
6/28/2023 • 7 minutes, 55 seconds
Under the Radar: The company behind Subway and Killiney stores within Changi Airport – PALMS Food International on the benefits and challenges of operating within the airport; Diversification to the East of Singapore 11 years post-acquisition by RMA Group; Expanding service offerings; New brands to bring into Singapore; Criteria used to select F&B brands
What is the first thing you would do once you get to the airport?
Well, if you’re like me, you might make a beeline to some of the fast food outlets or traditional kopi kiosks to grab a quick bite or your daily dose of caffeine.
On that note, did you know that the franchise branded stores for Subway and Killiney across all four airport terminals in Singapore, as well as at The Jewel are all managed under one company?
With a heritage dating back to 1986 with the opening of the first terminals at the Changi Airport, Palms Food International is one of the earliest established airport F&B operators in Singapore.
But why is the company focused solely on the airport? And how has that changed since Palms Food International was acquired by RMA Group in 2012?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian spoke with Avon Lau, General Manager, PALMS Food International for more.See omnystudio.com/listener for privacy information.
6/28/2023 • 18 minutes, 47 seconds
Market View: YZJ Shipbuilding hits a near 7-month high; Baidu claims Ernie Bot outperforms ChatGPT; China’s Li Qing calls the West’s economic de-risking a ‘false proposition’; Billionaire Gautam Adani confident in conglomerate’s governance standards
Singapore shares started trading in positive territory today This contrasts with global markets, which closed lower amid uncertainty about ongoing events in Russia.
The Straits Times Index (STI) was up by 0.3 per cent at 3,199.63 points in early trade as 82.7 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Yangzijiang Shipbuilding, after it said yesterday that it obtained a contract from Maersk to build six methanol dual-fuel container ships for delivery between 2026 and 2027.
The shipbuilder also said in a separate bourse filing that the new orders to date are worth around US$5.6 billion, exceeding its US$3 billion target for 2023.
Meanwhile, from Indian billionaire Gautam Adani’s confidence in his conglomerate’s governance and disclosure standards to Baidu claiming its Ernie Bot now beats ChatGPT on key measures, corporate headlines continue to be in focus.
On Market View, the Drive Time team unpacked these developments with Oriano Lizza, Sales Trader, CMC Markets.See omnystudio.com/listener for privacy information.
6/27/2023 • 9 minutes, 10 seconds
Sports Minutes: Transfer market madness, who determines these prices?
The transfer madness is in full swing with the likes of Harry Kane, Mason Mount & Declan Rice dominating the headlines for eye-catching prices. What determines the value of these players, and how has inflation 'messed with the market'?James Walton, Sports Business Leader for Deloitte Singapore and Southeast Asia joins us to make sense of the numbers, or at least try to!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
6/27/2023 • 12 minutes, 38 seconds
Culture Club: From greasy disposables to sustainable works of art
ChopValue is the world’s first circular economy franchise, designing and manufacturing products using an innovative, high-performance material engineered entirely from recycled chopsticks. They make these strides in sustainability while collaborating with many other businesses to push their products into the general public.
We speak to Justin Lee, General Manager, ChopValue Singapore more about this.See omnystudio.com/listener for privacy information.
6/27/2023 • 10 minutes, 23 seconds
China Perspective: China supporting Russia's hard stance against Wagner mutiny
From US President Joe Biden calling Chinese President Xi Jinping a dictator at a fundraising event in California to South Korean airlines temporarily suspending some flights to China.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
6/27/2023 • 8 minutes, 22 seconds
In the Spotlight: Can AI transform the construction industry in Asia and help mitigate manpower issues?
The APAC region is a frontrunner when it comes to implementing technology in the construction sector.
AI's role in scheduling of projects and budget management is only going to become more significant in the future. To keep up with high demand, technology can help mitigate issues around a shortage of skilled labour in the industry.
Moreover, using AI, the ability to monitor the progress of project planning allows the supply chain to be closely monitored. This helps businesses ensure the use of sustainable materials for their construction projects.
We speak to Rob Bryant, Executive Vice President, Asia-Pacific, InEight more about this.See omnystudio.com/listener for privacy information.
6/27/2023 • 9 minutes, 17 seconds
Under the Radar: Southeast Asia’s first and only precision gut microbiome company AMILI on business verticals of microbiome sequencing and intervention; Global digestive health market to reach US$104b by 2032; Expanding research scope to look at patients undergoing cancer therapy; Funding from East Ventures; Expansion into Indonesia
Studying the microorganisms in our gut and developing solutions to address health issues and developing probiotics supplements – that is what we’re going to talk about today.
Our guest for today is AMILI. The company says it is Southeast Asia’s first and only precision gut microbiome company and houses the region’s first and only gut microbiome transplant bank.
It is also in the process of building the world’s largest multi-ethnic Asia gut microbiome database. The data is used for research and for developing products and services that improve people’s gut health.
This is apparently a lucrative market. According to Market.us, the global digestive health market is estimated to be valued at US$104.4 billion by 2032, growing by a compound annual growth rate of 8.2% during the forecast period of 2023 to 2032.
But how big is the market in Southeast Asia and how does AMILI intend to position itself to maximise growth and profits?
Had a fruitful chat with Dr Jeremy Lim, CEO and Co-founder, AMILI for more. See omnystudio.com/listener for privacy information.
6/27/2023 • 23 minutes, 49 seconds
Market View: China’s growth, developer defaults, Yuan weakness; Cordlife Group shares up over 19% over possible transaction; Singapore’s May factory output and 2023 GDP estimates; Asia’s performance following developments in Russia; Elon Musk vs Mark Zuckerberg; SpaceX’s Starlink valued at about US$150b
Singapore shares started the week higher today, in contrast with global markets, which closed lower amid concerns that interest rate hikes will continue.
In early trade, the Straits Times Index (STI) was up 0.2 per cent at 3,197.54 points as 42.6 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Cordlife Group. Shares were up over 19% earlier in the day after the company said it was aware of a possible transaction for an offer for its shares.
Meanwhile, from developments in Russia to S&P Global cutting China’s 2023 growth forecast from 5.5% to 5.2%, international developments continue to make the headlines today. And not forgetting more comments from Elon Musk about that cage fight with Meta’s Mark Zuckerberg.
On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
6/26/2023 • 14 minutes, 21 seconds
Sports Minutes: What does it take to be a sports announcer?
Ever wanted ringside seats to the hottest sporting tickets in town? Well one man who always has a seat close to the action is Shawnrick Hu, a sports announcer who recently became the Singapore's first Sports Presentation Announcer for the Olympics at the inaugural Olympics E-Sports Week. What made him pursue this, and what does it take to be a hype man extraordinaire? Tune in to find out!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
6/26/2023 • 14 minutes, 6 seconds
Culture Club: The role of community engagement in overcoming misconceptions and changing perceptions towards bone marrow donation
There are many misconceptions around bone marrow donation such as it being excruciatingly painful and causing infertility. These myths make individuals not want to go through with this process, another factor being that one must invest time to do it. There being a low number of donors makes, especially among Singaporean Indians and Malays, the chance of finding a compatible bone marrow donor very low. Raising awareness of this issue and encouraging the public to participate in donations is hence crucial.
We speak to Charles Loh, CEO, Bone Marrow Donor Programme more about this.See omnystudio.com/listener for privacy information.
6/26/2023 • 11 minutes, 48 seconds
In the Spotlight: ‘Omnichannel’ for the win, how Singaporeans are increasingly blending online and offline shopping for savings and convenience
With the rise of e-commerce during the pandemic, Singaporeans have been shopping online much more compared to before. Moreover, as cost of living increases, consumers and retailers are becoming more cautious and price sensitive .To keep up with this trend, online and offline business strategies must be developed and employed. However, both channels should be seen as complementary rather than binary in order to be most effective.
We speak to Leo Laforgia, Country Manager for Singapore, Amazon more about this.See omnystudio.com/listener for privacy information.
6/26/2023 • 10 minutes, 29 seconds
Under the Radar: Building a board of directors for UHNWIs with >US$20m in investable wealth – Tiger 21’s COO and Singapore Chair on monetising the Tiger 21 network; Qualification process; Growth opportunities and positioning against private clubs and networks; Scaling a niche business; Expansion into Singapore and Israel
Today we want to look at how high-net-worth individuals preserve their wealth after they experience a major liquidity event, such as when they sell off their companies and receive a large sum of money.
Our guests for today are from Tiger 21. This is a membership community that provides individuals – individuals with over US$20 million in liquid assets, that is, – their personal board of directors for candid discussions around wealth creation, preservation, family, legacy and philanthropy.
But how does this work in reality, and how does Tiger 21 monetise this highly valuable network?
And with over 1,200 members across 45 cities and a cumulative US$140 billion in assets, Tiger 21 is now setting its sights in Asia.
Notably, it is currently in the process of expanding into Singapore. Question is – how does the company scale given that it operates in such a niche arena?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Greg Wells, Chief Operating Officer of TIGER 21 and Hon Mun Yip, Singapore TIGER 21 Chair for more. See omnystudio.com/listener for privacy information.
6/26/2023 • 24 minutes, 47 seconds
Washington Report: Is 'Bidenomics' enough to earn Biden a second term in the upcoming US presidential election?
The US and India have announced defence and chips deals at the White House. For India, this is in an effort to advance their technology, especially for defense and military purposes.
US President Joe Biden travels to Chicago where he will deliver what is being billed by the White House as a major speech on his economic achievements, dubbed ‘Bidenomics’ which involves addressing issues around infrastructure, unemployment and climate change.
Republicans are taking steps to expunge former US President Donald Trump’s two failed impeachments from his record. How likely is this and what will his role be in the upcoming election?
We speak to Pushan Dutt, Professor of Economics, INSEAD to find out more about this.See omnystudio.com/listener for privacy information.
6/26/2023 • 9 minutes, 5 seconds
Culture Club: Tech revolutionising how people approach fitness, how can gyms embrace these advancements
During the pandemic, many have gotten used to working out at home, with home gyms and HIT exercises becoming popular ways to stay fit. Gyms under companies such as PURE Fitness have implemented more advanced technology in order to attract the Gen Z population.
We speak to Theresa Shan, Managing Director, PURE Group more about this.See omnystudio.com/listener for privacy information.
6/23/2023 • 14 minutes, 46 seconds
Market View: Singapore’s core inflation eases to 4.7% on-year in May; Japan’s core inflation numbers exceeds forecasts in May; TikTok’s leadership changes; Ford preparing a new round of layoffs; Quarz Capital’s proposal for Sabana REITto use internal manager
Singapore shares dipped today after global markets ended mixed overnight.
In terms of companies to watch for today, we have Sabana Industrial Real Estate Investment Trust.
That’s after its manager has criticised activist investor Quarz Capital’s proposal for the Reit to use an internal manager instead, warning unit holders that it may destroy the value of their investment.
Meanwhile, we’re seeing a number of international news making headlines including Japan’s inflation numbers, leadership changes at TikTok, layoffs at Ford and not to mention – a cage fight between Twitter’s Elon Musk and Meta’s Mark Zuckerberg.
On Market View, the Drive Time team unpacked these developments with Shekhar Jaiswal, Head of Equity Research, RHB Bank Singapore.See omnystudio.com/listener for privacy information.
6/23/2023 • 14 minutes, 1 second
Sports Minutes: The FAS Player's Concierge, Baihakki's brainchild
In an effort to assist National Team football players with their retirementplans well in advance before they make the decision to hang up their boots, the Football Association of Singapore (FAS) has established a new initiative called the FAS Players’ Concierge.
The brainchild of Baihakki Khaizan, the retired Lion's defender tells us all about the initiative and how it will help our footballers plan for life after football.
READ MORE: https://www.straitstimes.com/sport/football/fas-launches-players-concierge-to-support-lions-post-playing-career-needs
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
6/23/2023 • 14 minutes, 16 seconds
In the Spotlight: Why is the gaming industry a favoured target for cyber criminals?
The gaming industry, due to it large and dedicated communities, stores a lot of personal and financial information, making it a prime target for cybercriminals. Although we cannot completely eradicate this threat, how can customers reduce the chances and/or effects of having their information stolen?
We speak to Reinhart Hansen, Director of Technology, Office of the CTO, Imperva more about this.See omnystudio.com/listener for privacy information.
6/23/2023 • 8 minutes, 58 seconds
Weekly Wrap Up: Ticket scalpers back in business, can we ever put an end to this?
With big headliners making their way to our shores, ticket scalpers are back in ‘business’. Can ticket scalping be an issue we will ever overcome? Could legislation be put to play in this instance?
Khelvin Xu, Partner, Rajah & Tann Singapore LLP shares his views on this. See omnystudio.com/listener for privacy information.
6/23/2023 • 9 minutes, 38 seconds
Under the Radar: Sasseur REIT’s CEO on its focus on outlet malls in China; Why it chooses to be present in Tier 2 cities; Pure play on China and if Sasseur is putting all of its eggs on one basket; China’s domestic vs international tourism recovery; DPU up 1.5% yoy for Q12023; Gearing ratio and opportunities for M&A and inorganic growth
We’ve heard of commercial REITs, residential REITs and industrial REITs. But how about a REIT focused on outlet malls in China specifically?
Our guest for today is from Sasseur REIT which is an SGX-listed REIT since March 2018, and the first outlet REIT listed in Asia. The firm’s portfolio consists of four outlets in China, namely in Chongqing, Kunming and Hefei.
But why did the company focus on these Tier 2 cities? Also – how does the REIT assess its reliance on China, given the strict lockdowns we saw during the pandemic?
Meanwhile, the company recently reported its Q1 results, where distribution per unit rose 1.5 per cent from the previous year. The company attributed this to strong outlet sales boosted by pent-up consumer spending.
To what extent has tourism recovered to pre-pandemic levels and is there a significant difference between the recovery of domestic and international travels?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Cecilia Tan, CEO, Sasseur REIT for more.See omnystudio.com/listener for privacy information.
6/23/2023 • 23 minutes, 57 seconds
Sports Minutes: Questioning the capacity limit at the National Stadium for Singapore's football matches
With the 5000 capacity limit at the National Stadium, and lack of LIVE broadcasts for the Singapore Football Team's recent matches hogging the headlines, we speak to Deepanraj Ganesan, sports reporter with The Straits Times, on his commentary piece - questioning the lack of support for what is claimed to be our 'national sport'.
READ MORE: https://www.straitstimes.com/sport/football/for-the-lions-to-succeed-it-will-take-more-than-just-the-work-of-fas
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
6/22/2023 • 13 minutes, 22 seconds
Market View: Jerome Powell’s testimony to Congress; MAS’ penalty on major banks; Netflix’s US$2.5b South Korean bet; Job cuts at SoftBank’s Vision Fund
Singapore shares opened lower today after the US central bank affirmed that more interest rate increases are likely ahead as the inflation rate is still high.
In early trade, the Straits Times Index (STI) was down 0.1 per cent to 3,221.78 points after 30.3 million securities changed hands in the broader market.
In terms of companies to watch, we have DBS and OCBC. That’s after the Monetary Authority of Singapore imposed composition penalties totalling S$3.8 million on DBS, OCBC, Citibank and insurer Swiss Life (Singapore) for money-laundering rule breaches uncovered in a Wirecard probe.
Elsewhere, investors continue to digest Federal Reserve chair Jerome Powell’s hawkish tone in its semi-annual testimony on where the central bank is headed for the rest of this year.
Meanwhile, from Netflix outlining its US$2.5 billion South Korean bet on the K-drama mania to job cuts at SoftBank Group’s Vision fund, more corporate news continue to make the headlines today.
On Market View, the Drive Time team dived into the details with Terence Wong, CEO, Azure Capital.
See omnystudio.com/listener for privacy information.
6/22/2023 • 11 minutes, 4 seconds
Culture Club: Fiz to showcase chef’s personal takes on heritage cooking
Fiz on 21 Tanjong Pagar Road is a tasting menu-only restaurant that serves contemporary Southeast Asian cuisine. This type of cuisine has unique flavours that differ across the region but still maintain some common elements. In this day and age, old-school cooking techniques, in combination with technology, allows chefs to efficiently make Southeast Asian foods, while still maintaining its authentic flavours and textures.
Hafizzul Hashim, Chef-Owner, Fiz helps us understand Southeast Asian cuisine better and what diners can expect when visiting Fiz. See omnystudio.com/listener for privacy information.
6/22/2023 • 8 minutes, 49 seconds
In the Spotlight: Abolishing the stigma of working in the logistics industry in Singapore
With the future of the logistics and supply chain industry looking bright, Singapore seems certain to ride this boom. However, the bigger question lies is how can the logistics sector attract a large enough talent pool to keep up with the growing demand?
Patrick Wong, Singapore Country Manager, GoGoX shares with us on how the sector can fill up the gaps in the logistics workforce. See omnystudio.com/listener for privacy information.
6/22/2023 • 11 minutes, 23 seconds
Euro Watch: Ukraine Recovery Conference pledges billions in aid for war-torn country
Ukraine, in the upcoming Ukraine Recovery Conference 2023 conference in London, will look to ensure US and European investment in their recovery and rebuilding after the Ukraine-Russian war.
French President Emmanuel Macron will be hosting world leaders in Paris this week for a summit to reimagine global financing for a new era. It will put issues surrounding debt that poorer countries have incurred as the primary focus.
Finally, Spain will take over the six-month rotating presidency of the EU Council from Sweden on 1 July. They will look to strengthen economic and political unity within the European region.
We speak to Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific. more about this.
See omnystudio.com/listener for privacy information.
6/22/2023 • 9 minutes, 4 seconds
Market View: Grab cuts over 1,000 employees; NIO’s share subscription agreement; Keppel to operate cooling system in the Jurong Lake District; China’s 520b yuan tax break to boost EV sales; YouTube reported to launch first official shopping channel; Elon Musk’s Tesla to invest in India?; Jerome Powell’s testimony to Congress
Singapore shares opened lower today following losses in the global markets.
In early trade, the Straits Times Index (STI) was down 0.4 per cent to 3,206.93 points after 32.9 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Keppel, after the conglomerate obtained a contract to design, build, own and operate a new large-scale district cooling system plant in the Jurong Lake District for 30 years, during which it expects to generate about S$950 million.
Meanwhile, we now know that Grab is cutting 1,000 employees or 11 per cent of its workforce to enhance efficiency.
Elsewhere, from NIO entering into a share subscription agreement with CYVN to China unveiling a 520 billion yuan tax break to boost the sales of EVs and YouTube reportedly launching its first official channel, international news continue to make the headlines.
Not to mention – Elon Musk back in the headlines today – this time with India’s Prime Minister Narendra Modi.
On Market View, the Drive Time team dived into the details with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.See omny.fm/listener for privacy information.
6/21/2023 • 12 minutes, 56 seconds
Sports Minutes: The only Hamilton to win a Championship in 2023!
As Singapore's first Olympic Esports finalist in motor racing, Aleef Hamilton will be hoping to fly the flag loud and proud for the Lion City at the inaugural event happening this week. But just how did this Lewis Hamilton fan go from chasing autographs to chasing his ultimate dream? Tune in to find out!
Got a story to tell? Get in touch with [email protected] | [email protected] See omny.fm/listener for privacy information.
6/21/2023 • 11 minutes, 10 seconds
Culture Club: The future of work as Singapore moves towards becoming a “super-aged” society
The National Trades Union Congress (NTUC) May Day Awards 2023 have honoured 128 distinguished and deserving individuals, including union leaders, workers, management partners and government representatives. We speak to Alexander C. Melcher, Vice President, Singapore National Employers Federation, an awardee of the Distinguished Service Award for the May Day Awards 2023 and what this award means to him and his ongoing mission to encourage diversity and age-inclusion in the workplace.See omny.fm/listener for privacy information.
6/21/2023 • 16 minutes, 21 seconds
In the Spotlight: Do you qualify for cyber insurance?
With cybercrime estimated to cost the world $8 trillion annually in 2023, there is one more insurance policy businesses need to add to the list, cyber insurance. But when looking to purchase cyber insurance, there are several factors to consider.
Sathish Murthy, Director of Systems Engineering, ASEAN/India, Cohesity shares with us the factors companies should consider when getting cyber insurance. See omny.fm/listener for privacy information.
6/21/2023 • 11 minutes, 43 seconds
Under the Radar: UNIQLO Singapore on the unification of the entire clothes-making process; Autonomy of individual stores; Global fashion market to reach US$283b by 2030; How basic designs help in expanding customer base; Rising rents vs expansion plans
Today we’re going to talk about a fashion brand or company that would come to mind when we mention the phrase ‘heat-tech’.
Bingo if you guessed UNIQLO! With over 2,400 stores in 25 markets including Japan, UNIQLO is the largest of eight brands in the Fast Retailing Group, which is one of the world’s largest apparel retail companies.
The company attributes its success to unifying the entire clothes making process, from planning and design to producing, distributing and retailing. But how does it work in reality and what kind of activities are centralised versus managed by individual stores?
Speaking of designs, how have UNIQLO’s basic designs and focus on comfort widened the company’s customer base, especially in Singapore?
And with rents of prime spaces on the rise– what will this mean for UNIQLO Singapore when it comes to store expansion?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Joey Tong, Store Development Director at UNIQLO Singapore.See omny.fm/listener for privacy information.
6/21/2023 • 15 minutes, 33 seconds
Culture Club: The rise of audiophile culture
Earphones that give the best listening experience, whether you are listening to songs, podcasts, or anything else, is something that many look for but feel it is hard to find. Those who embark passionately on the search for 'the perfect sound' are known as audiophiles. This comes hand in hand with these earphones having qualities such as being water resistant, being aesthetically pleasing, and having a comfortable fit.
We speak to Jeremy Lim, Co-Founder & CEO, Zerest Audio more about this.See omny.fm/listener for privacy information.
6/20/2023 • 14 minutes, 49 seconds
Market View: Grab reportedly planning biggest round of layoffs since pandemic; PBOC’s lower-than-expected rate cut; Chinese Yuan and Japanese Yen weakness; Fed Chair Jerome Powell’s testimony
Singapore shares opened lower today, after European markets ended lower as investors waited for further cues on the US Federal Reserve’s monetary policy outlook.
In early trade, the Straits Times Index (STI) was down 0.2 per cent to 3,233.65 points after 27.2 million securities changed hands in the broader market.
In terms of companies to watch, we have OCBC increasing its stake in its insurance subsidiary Great Eastern from 87.9 per cent to 88.4 per cent.
Meanwhile, investors continue to keep their eyes on a number of developments ranging from Singapore’s Grab planning the biggest round of job cuts since the pandemic, to China’s smaller-than-forecast interest rate cut and Fed Chair Jerome Powell’s testimony about the state of the US economy.
On Market View, the Drive Time team dived into the details with Khoon Goh, Head of Asia Research at ANZ. See omny.fm/listener for privacy information.
6/20/2023 • 9 minutes, 14 seconds
Sports Minutes: Is Saudi Arabia ruining football?
Ronaldo, Benzema, next who? Saudi Arabian football is in the spotlight with a host of footballers rumoured to be on their transfer radar with Neves, Kante and Ziyech the latest names mentioned. Will Saudi football take flight? Or will this be CSL 2.0?
Got a story to tell? Get in touch with [email protected] | [email protected] See omny.fm/listener for privacy information.
6/20/2023 • 13 minutes, 10 seconds
In the Spotlight: Wanderlove, Singaporean singles are likely to seek out a holiday romance while travelling
Gen Z and Millennial Singaporeans have a more open mindset to dating nowadays and having a holiday romance is something that a large number of them look forward to having. Online dating is a way for them to achieve this. Yet, especially in an unfamiliar environment, there is a safety concern when meeting someone you've only interacted with online. How do we deal with issues such as this and still have an enjoyable experience?
We speak to Lucille McCart, APAC Communications Director, Bumble more about this.See omny.fm/listener for privacy information.
6/20/2023 • 11 minutes, 29 seconds
China Perspective: Takeaways from US-China talks & Alibaba names new chairman, CEO in surprise shake-up
US Secretary of State Antony Blinken’s landmark trip to China concluded on Monday with both sides vowing to steady ties to ward off conflict. What will this mean for the future of US-China relations?
Next up, German Chancellor Olaf Scholz hosts Premier Li Qiang for talks today in Berlin. How will Germany find the middle ground between maintaining their economic ties with China, and complying with their G7 pledge to de-risk from Beijing?
We speak to Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs more about these headlines.See omny.fm/listener for privacy information.
6/20/2023 • 9 minutes, 40 seconds
Under the Radar: Memiontec’s CEO on the growth of the global water treatment technologies market; On diversifying into financing, operating and maintaining plants; S$113m order book; Venture into Vietnam and reliance on Indonesia and overseas markets; Reaching S$500m market capitalisation
Water is an essential part of our lives, but ever wondered who are the ones behind the clean water we use and drink everyday?
Our guest for today is Memiontec, a Catalist-listed water treatment company that designs and builds systems and water treatment plants in countries such as Singapore, Indonesia and China.
Recently, the company also moved into financing, operating and maintaining plants and selling their treated water. But what was the reason behind the firm diversifying its revenue streams?
Meanwhile, Memiontec clinched its largest contract worth S$56.6 million to install equipment for the Changi Water Reclamation Plant last year and started expanding to Vietnam. But what do the developments mean for the firm’s balance sheet?
Also, the company intends to achieve a market capitalisation of S$500 million by 2026, up from the S$132 million when it was listed on the Catalist board in 2020, but how does it intend to do so?
On Under the Radar, finance presenter Chua Tian Tian sat down with Tay Kiat Seng, CEO, Memiontec for more.See omny.fm/listener for privacy information.
6/20/2023 • 15 minutes, 9 seconds
Market View: Jack Ma appears in Hangzhou; AstraZeneca reportedly planning a China spinoff; SIA refutes claims on raising stakes in Air India; Chinese bankers told to shun expensive clothes at work in austerity drive; SVB Financial Group selling SVB Securities to management team
Singapore shares started the week lower today after a mixed end to the week in global markets.
In early trade, the Straits Times Index (STI) was down 0.4 per cent to 3,247.59 points after 42 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Amara. That’s after the company announced yesterday that two major shareholders and executive directors of the property developer and hotel group are engaged in confidential discussions with a third party about a possible transaction involving the company.
Meanwhile, from Barclays ramping up lending to hedge funds and rich investors in Asia to AstraZeneca reportedly planning a China spinoff, and to Jack Ma reappearing in HangZhou, regional news continue to make the headlines today.
On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.See omny.fm/listener for privacy information.
6/19/2023 • 13 minutes, 34 seconds
Culture Club: The opening of the world's first public, physical profile picture (PFP) NFT gallery
To showcase a new form of 'art' brought forward by NFT artists, Bored Island Group, has recently opened the world’s first public, physical profile picture NFT gallery, BIGHAUS. Collaborating with AI is pivotal in establishing a dedicated platform for showcasing digital art.
We speak to Jaye Foo, Founder, The Parlour & Co-Founder, Bored Island Group more about this.See omny.fm/listener for privacy information.
6/19/2023 • 10 minutes, 47 seconds
Washington Report: What's on the agenda at the US-China talks & why Biden is honoring Modi with a state visit
In order to prevent rash decisions on both parties, China and US must continue their attempts at dialogue. India as well, another country with strained relations with China is in discussions with the US with China's increasing global influence in focus.
In other news, Joe Biden made his 2024 re-election pitch to union members in Philadelphia on Saturday in his first political rally since launching his campaign in April.
We discuss these headlines with Pushan Dutt, Professor of Economics, INSEAD.See omny.fm/listener for privacy information.
6/19/2023 • 9 minutes, 3 seconds
Under the Radar: Making mentorship accessible for everyone – ADPList on monetisation; Possibility of a paid subscription model, B2B business vertical; Leveraging the value of its platform; Future capital raise after US$1.3m led by Surge in 2021; Cash burn rate and future plans
Imagine building a platform where you can search, book and meet mentors from around the world to seek career advice.
That’s what our guest for today did during the pandemic to make mentorship accessible for everyone.
Founded in 2020, ADPList is a global community of mentors and learners, and so far, the community has grown to over 14,000 people with over 15 million minutes mentored in about 140 countries.
But how does ADPList monetise the platform and position itself against other membership networks? Does the company see potential to work with corporations to develop tailored mentorship programmes, and craft out a B2B vertical for itself?
Separately, the company had in 2021 raised US$1.3 million in funding led by Seqoia’s Capital India’s accelerator programme Surge, as well as angel investors such as Carousell’s co-founder Quek Siu Rui, but what are ADPList’s future plans as far as capital raise is concerned?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Felix Lee, Co-founder and CEO, ADPList for more.See omny.fm/listener for privacy information.
6/19/2023 • 14 minutes, 26 seconds
In the Spotlight: Exploring the post-pandemic potential of ecommerce in Southeast Asia
In this post-pandemic period, collecting important data and making data based decisions is vital in creating an effective marketing strategy. Brands have to keep up with the various avenues through which they can advertise to consumers while still keeping to their respective budgets.
We speak to Jasper Knoben, CEO, Intrepid more about this.See omny.fm/listener for privacy information.
6/19/2023 • 7 minutes, 38 seconds
Sports Minutes: What do the champions across Europe need to do to remain ahead of the chasing pack?
Manchester City, Barcelona, Bayern Munich, Napoli & PSG may have all conquered their respectively domestic leagues, but how will the aim to strengthen from a position of power heading into next season?
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
6/16/2023 • 12 minutes, 38 seconds
Market View: SIA, Scoot May passenger numbers up 65.8% yoy; Jardine C&C and Carro announces partnership worth over US$60m; Banks lower China’s 2023 GDP growth forecasts; Micron to invest US$603m in Xi’an; Tesla’s expansion hitting speed bump in China amid industry overcapacity
Singapore shares opened higher today, following strong overnight gains on Wall Street.
The Straits Times Index (STI) notched up 0.3 per cent to 3,252.18 points in early trade as 54.9 million securities changed hands in the broader market.
In terms of companies to watch today, we have Singapore Airlines. The national carrier and its budget counterpart Scoot served 2.8 million passengers in May, a year-on-year increase of 65.8 per cent.
Meanwhile, from Singapore’s key exports showing a larger-than-expected drop to the Bank of Japan keeping ultra-low interest rates, major economic developments continue to make the headlines.
Corporate developments continue to be in focus as well with Micron saying that it's committed in China, while Tesla’s China expansions hit the speed bump.
On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
6/16/2023 • 11 minutes, 52 seconds
In the Spotlight: How AI profiling is disrupting conventional personality typology
AI now has even evolved to aid us in social situations by adjusting how you interact with a particular person based on their personality profile. This type of AI is trained under human supervision by inputting relevant data into the system. It could also have a significant impact on the sales industry by changing how they pitch their products to their consumers.
We speak to Ethan Lin, Founder, MindReader more about this. See omnystudio.com/listener for privacy information.
6/16/2023 • 12 minutes, 51 seconds
Weekly Wrap Up: Uncovering the buzz surrounding SG presidential hopeful, George Goh
A battle of CV’s? On what basis are we looking at to elect our next president? Mr Tharman Shanmugaratnam and Mr George Goh look like the two most promising candidates for the upcoming election.
However, without a savvy media team Mr Goh would have trouble putting his name forward and ensuring eligibility for running. Moreover, should we keep an eye on ‘hopefuls’ such as former secondary school teacher Seng Soon Kia as potential contenders?
We speak to Eugene Tan, Associate Professor of Law, Singapore Management University more about this.See omnystudio.com/listener for privacy information.
6/16/2023 • 12 minutes, 1 second
Culture Club: FarmByte Food Hub set to revolutionise the region’s agrofood industry
Heightening seamlessness and efficiency in the food value chain by forming closer connections between farmers, distributors and wholesalers, is the approach that Farmbyte is taking to tackle food security in Malaysia. Digitalisation of the farming industry and maintaining its sustainability by reducing wastage are the top priorities in this process.
We speak to Aiman Syed Jaafar, CEO, FarmByte more about this.See omnystudio.com/listener for privacy information.
6/15/2023 • 8 minutes, 59 seconds
Market View: Fed holds rates steady, signals 2 more hikes this year; Jerome Powell on balance sheet drawdown; Wall Street’s reaction; OCBC raises SIA’s fair value; PBOC lowers medium-term lending facility rates; TikTok to boost e-commerce business in Southeast Asia
Singapore shares opened higher today following the decision to pause the interest rate hike by the US Federal Reserve.
In early trade, the Straits Times Index was up 0.1 per cent to 3,222.24 points after 129.8 million securities changed hands in the broader market.
In terms of companies to watch, we have Keppel. That’s as the company obtained two contracts to provide what it dubs “energy-as-a-service” in Bangkok’s Sam Yan Smart City, through its joint venture with Decarb.
Meanwhile, a slew of central bank decisions continue to take the centre stage with the US Federal Reserve holding rates steady at the 5 to 5.25 per cent range, while China lowered its medium-term lending facility rate by 10 basis points to 2.65 per cent.
On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
6/15/2023 • 13 minutes, 31 seconds
In the Spotlight: Global trends that are shaping the Muslim travel market
The halal travel demographic is a sizable market segment globally. Ensuring that Muslim tourists can continue to practice their faith while still enjoying the culture of the country they are visiting requires these countries to implement Muslim-friendly services, namely easy access to halal food and places to pray.
We speak to Fazal Bahardeen, CEO, CrescentRating & HalalTrip more about this.See omnystudio.com/listener for privacy information.
6/15/2023 • 8 minutes, 6 seconds
Under the Radar: Has the boom in professional services demand fizzled – Deloitte Singapore’s CEO on whether layoffs in the US are specific to the country; Plans to add 3,000 new employees in Singapore and double US$1b revenue over next five years in Southeast Asia; Priorities as new CEO
The accounting and professional services sector is at the centre of our conversation today.
According to the Accounting and Corporate Regulatory Authority, Singapore projects 6,000 to 7,000 new accounting jobs by 2025, adding on to the current workforce of over 100,000 employees.
Globally, the Big Four accounting firms also went on hiring sprees of their own last year, with the companies already boasting over a million employees as of November 2022.
But why did demand for professional services increase amid the volatile economic climate and as job cuts hit other industries such as investment banking?
Has that boom fizzled yet with consulting firms announcing job cuts in the US this year? If not, what is the way ahead for the industry?
I sat down with Shariq Barmaky, CEO, Deloitte Singapore, to find out what Deloitte Singapore is seeing right now in terms of demand and what this means for the firm’s growth trajectory. See omnystudio.com/listener for privacy information.
6/15/2023 • 18 minutes, 53 seconds
Euro Watch: Silvio Berlusconi death - who will take over former Italian PM’s business empire?
Silvio Berlusconi, Italy's longest-serving post-war prime minister died on June 12 at the age of 86. Now, there is much debate over what it means for Italian politics and his business empire.
Over in Russia, the 26th St. Petersburg International Economic Forum, once dubbed the ‘Russian Davos’ kicks off amid geopolitical tensions.
And as the rest of the world moves away from the pandemic, Britain’s Covid-19 inquiry looks to analyse the pitfalls in their dealing with the crisis.
We speak to Chris Humphrey, Executive Director, EU-ASEAN Business Council for an analysis of the biggest headlines out of Europe. See omnystudio.com/listener for privacy information.
6/15/2023 • 9 minutes, 1 second
Culture Club: High number of unused online accounts among Gen Z consumers, implications on the climate and environment
With technology having been an important part of our lives for a few years now, many users, especially Gen Z's, have unused online accounts that they have moved on from. Data waste in forms such as this is increasing and curbing it is crucial especially from a sustainability point of view.
We speak to Andy Ng, Vice President and Managing Director for Asia South and Pacific Region, Veritas Technologies more about this.See omnystudio.com/listener for privacy information.
6/14/2023 • 11 minutes, 42 seconds
In the Spotlight: Accelerating Singaporean companies into the global stage via e-commerce
Growing a brand in this day where e-commerce is so vital requires effort and expertise. E-commerce accelerators, such as Pattern, help brands optimise sales on marketplaces like Tmall, JD.com, Coupang, and Lazada.
We speak to John Lebaron, Chief Revenue Officer, Pattern more about this.
See omnystudio.com/listener for privacy information.
6/14/2023 • 13 minutes, 49 seconds
Market View: Impact of China’s short-term rate cut on stock markets; Hong Kong to bring 27,000 foreign workers; AWS to consider using AMD AI chips; Meta’s chief scientist says generative AI at dead end; Fed’s rate hike expectation after 4% on-year increase in CPI
Singapore shares opened higher today, following significant gains in global markets on mild US inflation data and positive sentiments of a possible pause in interest rate hikes.
In early trade, the Straits Times Index (STI) was up 0.3 per cent to 3,197.76 points. after 73.1 million securities changed hands in the broader market.
Elsewhere, from China increasing oil import quota to the latest US inflation numbers and to Amazon Web Services considering using AI chips from Advanced Micro Devices, international headlines continue to make the news today.
On Market View, the Drive Time team unpacked these developments with Ken Shih, Head of Wealth Management, Greater China, SAXO Markets. See omnystudio.com/listener for privacy information.
6/14/2023 • 13 minutes, 13 seconds
Under the Radar: Behind one of the world’s largest privately held real estate investors – Hines APAC CEO on APAC currencies’ devaluation against USD and impact on real estate investments; Striking a balance between discretionary capital and strategic partnerships; Mass timber buildings
Today we’re going to give you an overview of one of the largest privately held real estate investors and managers in the world.
Founded in 1957, Hines is a real estate investment, development and management firm with presence in 395 cities across 30 countries and US$95.79 billion of investment assets under management as of the end of last year.
The company has historically developed, redeveloped or acquired over 1,600 properties with 203 developments around the world underway at the moment.
With many APAC currencies devaluing against the US dollar, we want to find out what this means for the Houston-headquartered firm and its investors when it comes to expansion within Asia.
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Ray Lawler, CEO, Asia Pacific, Hines for more. They also had a look at land development patterns and trends in urban sites within APAC and the opportunities they present for the company.See omnystudio.com/listener for privacy information.
The Malaysian police are asking Interpol to help them track down comedian Jocelyn Chia. Malaysian Prime Minister Anwar Ibrahim has reaffirmed the need for reforms, saying Malaysia must change or it will not survive. He also is to clarify some issues surrounding the border agreement with Indonesia. Lastly, Thailand’s prime ministerial frontrunner Pita Limjaroenrat will be investigated over whether he was qualified to run in last month’s election.
We talk more about these headlines with Dr. Felix Tan, Political Observer, Nanyang Technological University.See omnystudio.com/listener for privacy information.
6/14/2023 • 11 minutes, 8 seconds
Culture Club: A circular fashion initiative, using design to conceptualise this initiative
Sustainability in the fashion industry is increasingly important to consumers. _/\/\/\ake O is the brainchild of the founders of GINLEE Studio, as they create a design-led circular initiative to transform unused fabrics into uniquely re-designed products to close the loop of excess production. This is a unique approach compared to the approaches most other design and fashion companies use
We speak to Gin Lee, Designer and Co-Founder, GINLEE Studio to learn more about this initiative. See omnystudio.com/listener for privacy information.
6/13/2023 • 18 minutes, 8 seconds
Market View: Hatten Land and Quantum Healthcare’s leasing agreement; Securities turnover on SGX up 23% m-o-m in May; Banking sector outlook; US CPI data release; Central bank actions in focus - China cuts short term borrowing costs; Fed, ECB, BoJ rate decisions
Singapore shares opened lower today in contrast to largely positive trading sessions in the global markets.
The Straits Times Index (STI) was down 0.2 per cent to 3,189.22 points in early trade after 65.1 million securities changed hands.
In terms of companies to watch for today, we have Hatten Land and Quantum Healthcare.
The Catalist-listed medical group has signed a tenancy agreement to occupy 138,769 square feet of rental space at Hatten Land’s Imperio Mall@Hatten City in Melaka, Malaysia.
Meanwhile, a series of central bank actions in Europe, Japan are set to take the centre stage this week. Not to mention China’s central bank lowering a short-term lending rate for the first time in 10 months to restore market confidence and prop up a stalling post-pandemic recovery.
On Market View, the Drive Time team unpacked these developments with Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.See omnystudio.com/listener for privacy information.
6/13/2023 • 11 minutes, 39 seconds
In the Spotlight: Legal business disputes, where to settle them? Singapore’s framework of transnational issue estoppel
The Singapore Academy of Law has recently published a new report on a legal principle that might be of interest to businesses. Two disputing parties cannot try to relitigate the same issue which was already decided by a foreign court, if they subsequently try to litigate again in Singapore. So what does this mean for businesses?
We speak to Colin Seow, Managing Director, Colin Seow Chambers more about this.See omnystudio.com/listener for privacy information.
6/13/2023 • 8 minutes, 42 seconds
China Perspective: 'China has been operating military and spy facilities in Cuba for years'
US Secretary of State Antony Blinken will be in Beijing for talks on June 18 and US' latest claims of the existence of Chinese spy facilities in Cuba could have an impact on the tone of the visit. Amongst tense relations, China has ordered the last Indian journalist in the country to leave. Lastly, China's economic recovery seems to be slowing down recently.
We speak to Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs more about this.See omnystudio.com/listener for privacy information.
6/13/2023 • 8 minutes, 5 seconds
Under the Radar: Volvo Buses APAC on the restructuring of its Europe business; Focus on chassis production; Electrification of bus fleet and the electric bus market in Korea and APAC to reach US$203.7m by 2028; Gaps in APAC markets; Fully battery powered made-in-Singapore city bus
We’re going to talk all about the buses we take to get to and off work every other day.
Our guest for today is from Volvo Buses, which is one of the world’s leading providers of sustainable people transport solutions.
Offering premium city and intercity buses, coaches, and chassis, Volvo Buses has sales in 85 countries and a global service network with more than 1,500 dealerships and workshops.
With Volvo Buses changing its business model in Europe to focus on chassis production to restore it to profitability, we want to find out what the situation is like over in Asia and what’s next for the company as far as APAC is concerned.
Speaking of APAC, the company revealed a made-in-Singapore city bus powered fully by batteries in November last year as part of a collaboration with Singapore’s SC Auto Industries, but how big of a market is Volvo Buses aiming in the region?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Mats Nilsson, Vice President, Volvo Buses APAC for more.See omnystudio.com/listener for privacy information.
6/13/2023 • 16 minutes, 43 seconds
Your Health: The benefits and importance of home blood pressure monitoring in stroke prevention
Taking regular measurements of blood pressure is a simple yet effective way to monitor our overall health. Monitoring it allows us to detect ‘silent killers’ that result from hypertension. Regardless of age, we should all remember to take these efforts to keep track of our health.
We speak to Alexis En, Director, Marketing and Digital Health, OMRON Healthcare Singapore more about this.See omnystudio.com/listener for privacy information.
6/12/2023 • 12 minutes, 45 seconds
Market View: Nio reports net loss of nearly US$700m; UBS completes acquisition of Credit Suisse; Some Saudi Aramco’s customers to receive full nominated volumes of crude oil in July; Qatar Investment Authority targeting more investments in Asia and the US; Fed’s June monetary policy move
Singapore shares started the week higher today after US equities ended higher on expectations that interest rate hikes would be paused.
In early trade, the Straits Times Index (STI) was up 0.3 per cent to 3,197.42 points after 34.5 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Nio, after the electric vehicle maker sunk deeper into the red in the first quarter of 2023.
Meanwhile, from UBS completing the acquisition of former rival Credit Suisse to Qatar’s top dealmakers getting ready for a spending power boost and the US Federal Reserve’s next move at its monetary policy meeting mid-week, international headlines continue to be in focus.
On Market View, the Drive Time team unpacked the above developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
6/12/2023 • 15 minutes, 17 seconds
Sports Minutes: Team Flash's journey to the FIFAe World Cup 2023
Ever wished you could be a professional gamer? Team Flash's Khevind Awat Ranai aka Buzzinho, who will be representing the nation at the FIFAe World Cup 2023 tells us just how!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
6/12/2023 • 14 minutes, 45 seconds
In the Spotlight: The power of brand strength
Brand strength encompasses factors such as customer loyalty, brand recognition, and market share. It also indicates how well a brand is known and trusted by customers. Measuring brand strength on a regular basis is vital to planning strategies to grow the company. Depending on the size or type of company, however, what to focus on when measuring brand strength can differ.
We speak to Uri Snyder, Senior Vice President, APAC, Similarweb more about this.See omnystudio.com/listener for privacy information.
6/12/2023 • 8 minutes, 14 seconds
Under the Radar: Repairing and selling the classics - Classic Motorworks on the booming classic car market; Global classic car market to grow to around US$35.5b in 2023; Retrofitting classic vehicles into EVs
Classic cars – or those that are at least 35-years-old from their original registration date - that’s on our agenda today.
Such vehicles have gained increased popularity in recent years. According to Forbes citing collectible car website Classic.com, a sizable list of desirable up-and-comers have appreciated in value by as much as 88%. But really, what is driving the market?
Also – with Statista expecting the global classic car market to grow from US$24.5 billion in 2019 to around US$35.5 billion in 2023, we want to find out what this means for classic car dealers and workshops.
Our guest for today is from Classic Motorworks. The company, which was founded in 2016 as a 2-man workshop in Tuas, has since grown to become one of the more established classic car workshops in Singapore.
It also ventured into the trading business over this time as a full-fledged classic car dealership in Singapore.
On Under the Radar, Tan Lu Han, Director, Classic Motorworks joins Drive Time’s finance presenter Chua Tian Tian in-studio for more. They also talked about the electrification of the automotive industry and whether classical cars can be electrified.See omnystudio.com/listener for privacy information.
6/12/2023 • 12 minutes, 31 seconds
Washington Report: Blinken to visit China, sign of easing tensions?
Three men serving at the very top of the US government, Donald Trump, Joe Biden and Mike Pence appear to be guilty of mishandling of confidential documents, so what does this mean for the upcoming US presidential election? US Secretary of State Antony Blinken is expected to be in China on June 18 as the attempts at dialogue between the two countries continues. Lastly, Rishi Sunak's visiting Biden in Washington looks to strengthen an already solid US-UK relationship.
We speak to Steve Okun, Senior Advisor, Mclarty Associates more about these headlines.See omnystudio.com/listener for privacy information.
6/12/2023 • 11 minutes, 6 seconds
Market View: Thomson Medical Group reportedly in talks to buy stake in Vietnam’s FV Hospital; Open AI’s CEO meets South Korean President Yoon Suk Yeol; Bytedance testing AI-powered chatbot; US weekly jobless claims; Fed’s next move
Singapore shares opened lower today after Wall Street booked overnight gains on improving sentiment.
The Straits Times Index (STI) was down 0.1 per cent to 3,183.55 points in early trade after 92.4 million securities changed hands in the broader market.
In terms of companies to watch today, we have Thomson Medical Group after the Singapore-based healthcare company was reported by Bloomberg to be in advanced talks to purchase a controlling stake in Vietnam’s FV Hospital.
Elsewhere, investors continue to keep their eyes on the US market after a forecast busting jump in jobless claims figures cemented beliefs that Federal Reserve officials would pause interest rate hikes this month.
Also worthy of note is the broad based S&P 500 entering a bull market after rising over 20 per cent from its October low.
On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
6/9/2023 • 12 minutes, 57 seconds
Culture Club: Biggest challenges one will face when trying to advance in their careers mid-way through their professional journeys
Generation is a global non-profit organisation that has a very unique mission which is to provide underserved individuals with job opportunities that would otherwise be inaccessible.
And since 2014, they have been closing the skills gap and creating career pathways, with a key focus on empowering women, especially mothers, to break barriers and become leaders in their communities.
Nadirah Mohamed Rifaat, Patient Service Associate, Changi General Hospital & Generation Singapore’s Patient Service Associate Programme Graduate shares her experience with making a mid life career switch and how Generation was part of it. See omnystudio.com/listener for privacy information.
6/9/2023 • 9 minutes, 12 seconds
Under the Radar: Getting locals on the corporate leadership table – LinkedIn on the ROI of local talent development; Singapore Business Federation on its latest Alliance for Action on Business Leadership Development report
We’re going to talk all about succession and business leadership development today.
While departments such as human resources may be labelled as cost centres, effective talent development and management can reap tangible outcomes for businesses when it comes to the dollars and cents.
According to a report by the Boston Consulting Group in 2015,” talent magnets” – or companies that rated themselves strongest on 20 leadership and talent management capabilities – have increased their revenues 2.2 times faster and profits 1.5 times faster than their peers with weak practices.
On this front, the Singapore Business Federation’s Alliance for Action on Business Leadership has released a report to call out opportunities in the local talent development landscape and put forth recommendations on what key stakeholders can do to help Singaporeans earn their place at the corporate leadership table on a global stage.
But really, what is in it for businesses to train locals for leadership positions? How will local leaders make strategic decisions differently given their understanding of the local market, and how will training local leaders position firms for longer-term growth?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian spoke with Frank Koo, Head of Asia - Talent and Learning Solutions at LinkedIn and Albert Tsui, Executive Director, Advocacy and Policy at the Singapore Business Federation for more. See omnystudio.com/listener for privacy information.
6/9/2023 • 16 minutes, 13 seconds
In the Spotlight: Bubble tea shop scam, the modus operandi of QR code scammers
A recent scam saw a visitor visited a bubble tea shop and saw a sticker pasted on its glass door, encouraging customers to do an online survey to get a free cup of milk tea.
The victim scanned the QR code and downloaded a third-party app onto phone. Scammers later via the app, took over her device and moved $20,000 from her bank account.
Hwei Qiang Tan, Fraud Protection Solution Engineer, Group-IB helps us understand QR Code scams better using the bubble tea QR scam case as an example.
See omnystudio.com/listener for privacy information.
6/9/2023 • 10 minutes, 19 seconds
Weekly Wrap Up: Who will go up against Minister Tharman to become SG’s next President?
Senior Minister Tharman Shanmugaratnam has offered himself as a candidate in the upcoming Presidential Election.
This will also mean he will stand down from his government positions including Coordinating Minister for Social Policies and chairman of the Monetary Authority of Singapore on July 7.But with a political heavyweight like Mr Tharman running for the presidential election, will it deter others from contesting now?
Dr. Felix Tan, Political Observer, Nanyang Technological University shares his views. See omnystudio.com/listener for privacy information.
6/9/2023 • 11 minutes, 46 seconds
Culture Club: Delicious menu, real impact, Fortitude Culina empowering the visually impaired through culinary skills
Research has shown that in 2018 and 2019, it was found that two out of three persons with disabilities, aged between 15 and 65, were unemployed with disability and poor health were the most common reasons for not working.
Aaron Yeoh, Director, Fortitude Culina shares with us on how his social enterprise aims to offer fair employment opportunities and career advancement for the visually-impaired. See omnystudio.com/listener for privacy information.
6/8/2023 • 8 minutes, 1 second
In the Spotlight: Profitability and people need not be separate, how Panglao Shores did not lay off anyone during the Covid-19 downturn
Leading Philippine conglomerate Alturas Group has unveiled a bold new vision for development on the island of Bohol with the launch of Panglao Shores, a 50-hectare mixed-use project that marks sustainability, community and local culture as its guiding principles.
Hope Uy, Managing Director, South Palms Resort Panglao, Bohol shares more with us on what we can expect from Panglao Shores and how they managed to not lay off anyone during the Covid-19 pandemic. See omnystudio.com/listener for privacy information.
6/8/2023 • 9 minutes, 54 seconds
Euro Watch: Why the EU did not flesh out framework to enhance engagement in Asia
From EU foreign policy chief Josep Borrell attendance at the Shangri-La Dialogue and UK's PM Rishi Sunak visiting US President Joe Biden in Washington.
Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
6/8/2023 • 7 minutes, 30 seconds
Under the Radar: Ace Turtle on holding licences to brands such as Toys “R” Us and Lee for India; India’s retail scene and whether the market is fragmented; Adopting a vertical retail model; On being EBITDA-positive in FY22/23; US$34m Series B funding round; Dockers' re-entry into India
India’s retail scene is at the heart of our conversation, with the country being the fifth largest global destination in the retail space and expected to reach US$2 trillion in value by 2032 based on an analysis by the Boston Consulting Group.
So how do international brands get a slice of the booming Indian market? Well perhaps the answer lies in licensees who operate and manage the brand in their place.
Our guest for today is Ace Turtle is a tech-native retailer who holds the exclusive licences to brands such as Lee, Wrangler, Toys “R” Us and Babies “R” Us for India.
What is unique about the firm is that it adopts a vertical retail model, where it controls the entire supply chain of brands, from design, manufacturing to distribution, both online and offline.
This has helped it respond to customer needs more efficiently and effectively, and we will find out whether that is the company’s secret sauce to being able to sink its roots in the Indian retail scene.
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Ervin Lim, Chief Strategy Officer, Ace Turtle to find out more about the opportunities in the Indian market and how Ace Turtle is positioning itself to seize them. See omnystudio.com/listener for privacy information.
6/8/2023 • 21 minutes, 13 seconds
Culture Club: Tech propelled by a young population in SEA driving the digital economy, how does this impact the mobile gaming industry?
There are various methods of app monetization in the mobile gaming industry. Understanding users through efforts, such as analyzing player profiles, allows developers to target these adds to specific demographics.
We speak to Valentina Petrova, Head of In-App Partnerships, Asia, Yandex more about this.See omnystudio.com/listener for privacy information.
6/7/2023 • 8 minutes, 37 seconds
In the Spotlight: How Singaporeans react to a company that demonstrates a lower level of cyber security
Singaporeans expect app makers to protect them from all cyber-security threats, no matter what type. Consumers who feel protected are more likely to become advocates for those brands as well. With this strong link between cyber-security and loyalty, it is all the more important for companies to invest in efforts to counter cyber threats.
We speak to Jan Sysmans, Mobile App Security Evangelist, AppDome more about this.See omnystudio.com/listener for privacy information.
6/7/2023 • 10 minutes, 52 seconds
Market View: Singapore banks ‘flushed’ with deposits?; China’s exports tumbled 7.5% in May; Weaker imports into China and impact on high-tech industries; Impact of Chinese trade data on AUD; Chances of PBOC cutting rates; US Fed’s next interest rate move
Singapore shares started today on a muted, albeit positive, note following overnight gains on Wall Street and in Europe.
The Straits Times Index (STI) was up 0.04 per cent to 3,191.34 points in early trade after 33 million securities changed hands in the broader market.
Elsewhere, investors continue to keep their eyes on a number of key developments including China’s latest export numbers and the impact on its high-tech industries.
On Market View, the Drive Time team dived into the details with Khoon Goh, Head of Asia Research at ANZ. See omnystudio.com/listener for privacy information.
6/7/2023 • 9 minutes, 39 seconds
Regional Roundup: Pita struggling for new regime
Pita Limjaroenrat's continues taking efforts on his road to becoming Prime Minister. PAS' Tan Sri Abdul Hadi Awang continues to push for Malay-Muslim superiority in Malaysia. A revival of the KL-Singapore High Speed Rail is in the offing. Lastly, Myanmar's military regime will let 'loyal' citizens carry weapons, with certain political agendas in mind.
We speak to Dr. Felix Tan, Political Observer, Nanyang Technological University more about this.See omnystudio.com/listener for privacy information.
6/7/2023 • 11 minutes, 30 seconds
Under the Radar: Zoom on B2B customers; Stabilisation post-pandemic boom; Betting big on AI – Investment into Anthropic; Rollout of Zoom IQ features; Partnership with Grab to empower employee engagement
Can you imagine that it has been about three-and-a-half-years since the pandemic started and when all of us had to work remotely from home using video conferencing tools?
As the dust settles and as face-to-face meetings resume, we want to find out what’s next for companies providing video conferencing solutions, such as Zoom.
Speaking of Zoom, the company seems to be betting big on AI and enterprise customers for post-pandemic growth, with its venture arm Zoom ventures investing in Google-backed Anthropic to build reliable AI systems.
It also recently launched key features of its next generation AI smart companion called Zoom IQ, which help users generate summaries or even emails based on the content discussed in meetings. But to what extent will a focus on AI help position the company for future growth?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these burning questions to Ricky Kapur, Head of Asia Pacific, Zoom.See omnystudio.com/listener for privacy information.
6/7/2023 • 23 minutes, 10 seconds
Market View: Mapletree Industrial Trust’s tenant files for Chapter 11 bankruptcy; Apple’s Vision Pro headset; Saudi hikes oil prices vs impact on USD; USD dominance; Japan real wages fall and impact on Yen
Singapore shares opened lower this morning following overnight losses in the global markets.
In early trade, the Straits Times Index (STI) was down 0.3 per cent to 3,180.09 points after 46.5 million securities changed hands.
Within Singapore, Reits continue to be in focus after Mapletree Industrial Trust announced that its third-largest tenant filed for Chapter 11 bankruptcy in the US.
Elsewhere, from Saudi Arabia raising crude prices to Apple’s new Vision pro headset and Japan’s real pay falling for the 13th month – global developments continue to make the headlines today.
On Market View, the Drive Time team dived into the details with Jeff Ng, Senior Currency Analyst, MUFG. See omnystudio.com/listener for privacy information.
6/6/2023 • 9 minutes, 59 seconds
Culture Club: SAM takes immersive to the next level with their three new shows
From 18 May through September, Singapore Art Museum (SAM) at Tanjong Pagar Distripark will present three new contemporary art exhibitions by local and international artists that will invite unique art encounters for all. Kenneth Tay, Assistant Curator, Singapore Art Museum (SAM) shares with us more details of these exhibitions. See omnystudio.com/listener for privacy information.
6/6/2023 • 9 minutes, 49 seconds
In the Spotlight: Using automation, generative AI to address major challenges facing the financial services sector
The beginning of online banking enabled customers to access their accounts and conduct transactions from their personal computers and smart gadgets. This was followed by the introduction of mobile banking in the 2000s which allows customers to perform transactions using their smartphones.
And now we are going to witness the rise of Generative AI on this front.
Chris Huff, Chief Growth Officer, Kofax discusses with us on how automation and Generative AI can offer innovative and lasting solutions to the financial services sector. See omnystudio.com/listener for privacy information.
6/6/2023 • 16 minutes, 7 seconds
Under the Radar: The Shilla Duty Free on airport revenues in Singapore;Travel recovery and expansion plans; China consumers tipped to be most important revenue source for operators in Singapore and South Korea by 2027; A stronger Sing dollar and impact on duty-free shopping
What comes to mind when you put shopping and the airport together? How does duty free shopping sound?
Well, our guest for today is from The Shilla Duty Free Singapore, which operates over 20 Cosmetics and Perfume stores across four terminals in Singapore’s Changi International Airport.
The company is part of Shilla Duty Free, and an affiliate of Samsung. In South Korea, Shilla Duty Free operates five duty free outlets including in downtown Seoul, Jeju island, and Incheon, offering over 1,300 world famous brands.
With borders reopening last year and international travel returning in full swing, we want to find out if airport sales revenues are back to pre-pandemic levels, and what that means for Shilla Travel Retail in terms of their expansion plans.
Also – with a Euromonitor study tipping China to be the leading source market for duty-free destinations like South Korea, Singapore and Hong Kong by 2027, how concerned should duty-free retail operators be?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian chatted with Sok Ling Chan, Head Of Commercial, The Shilla Duty Free Singapore to find out more.See omnystudio.com/listener for privacy information.
6/6/2023 • 14 minutes, 54 seconds
China Perspective: Why won't China and the US just talk?
In this edition of China Perspective, we focus on headlines China has made at the recent Shangri-La Dialogue in Singapore.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
6/6/2023 • 6 minutes, 51 seconds
Culture Club: Supply and demand of water, how Singapore is investing in sustainable water
Amongst rising sea levels and climate change, water scarcity is seen to be an issue that will only become more pressing as time goes on. Investing in sustainable water is a must to cope with these issues. In Southeast Asia, Singapore is leading in this field using sources such as local catchment water, imported water and NEWater, but what more can we do and what does the future of sustainable water look like?
We speak to Dr Beverley Stinson, Global Water President, AECOM more about this.See omnystudio.com/listener for privacy information.
6/5/2023 • 16 minutes, 6 seconds
Market View: Seatrium to replace Keppel DC Reit on STI; Digital Core Reit and Chapter 11 filing of Cyxtera; Philippines AirAsia seeking to revive IPO plans; UBS to seal takeover of Credit Suisse as soon as June 12
Singapore shares opened higher today after the deal to avert a US debt default was concluded, pushing equities in the global markets higher.
The Straits Times Index (STI) was up 1.5 per cent to 3,214.06 points in early trade after 133.3 million securities changed hands in the broader market.
In terms of companies to watch, we have Seatrium and Keppel DC Reit. That’s with Seatrium set to replace Keppel DC Reit on the benchmark Straits Times Index from June 19, following the latest quarterly review of the STI by FTSE Russell.
Also in focus today – Digital Core Reit, after its manager warned that distribution per unit could be halved after its second-largest tenant filed for bankruptcy protection.
On Market View, the Drive Time team dived into the developments. They also looked at corporate headlines ranging from Philippines AirAsia seeking to revive IPO plans to UBS expecting to close its takeover of Credit Suisse as early as June 12.See omnystudio.com/listener for privacy information.
6/5/2023 • 10 minutes, 47 seconds
Sports Minutes: Can anyone stop Guardiola's all-conquering Manchester City?
Manchester is blue, and now London too! With City clinching the FA Cup at the expense of their rivals Manchester United, all eyes now turn to Istanbul as Pep Guardiola's team are one match away from achieving an historic treble. Will they do it? Zia-ul Raushan weighs in from Wembley while Alvin Tan chimes in on the red devil perspective.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
6/5/2023 • 14 minutes
In the Spotlight: Breaking down Gen Z trends and winning Gen Z consumers’ attention
Gen Z is the most hyper-connected generation we have ever seen. As their influence in the retail landscape increases, companies must alter their strategies in order to cater to the behaviour of multiple different generations of consumers.
We speak to Alison Ho, Analyst, Insight, WGSN more about this.See omnystudio.com/listener for privacy information.
6/5/2023 • 8 minutes, 37 seconds
Washington Report: Biden signs debt limit bill, debt-ceiling saga is a wrap
US President Joe Biden has signed a bill that suspends the US government's $31.4 trillion debt ceiling and that will affect. During the recent Shangri-La dialogue, US and China trade blame on each other on various issues.
We speak to Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College more about this.See omnystudio.com/listener for privacy information.
6/5/2023 • 7 minutes, 2 seconds
Under the Radar: The unconventional franchise business of the World Trade Centers Association; On strengthening brand value and network; Competition against other private networks; Initiatives in Asia; WTCA General Assembly in Ghana; Why there is no WTCA in Singapore yet
When it comes to a franchise business, one would think of fast food chains to the likes of McDonald’s, Burger King, Subway, and so forth.
Instead of that we are going to talk about an unconventional franchise business that doesn’t quite come to mind when we think of franchises.
With a network of over 300 highly connected, mutually supporting businesses and organisations in 92 countries, the World Trade Centers Association is the owner of the “World Trade Center” and “WTC” trademarks.
And this means the WTCA licences exclusive rights for members to use in conjunction with their independently owned, iconic properties, facilities and trade services offerings.
But how does it work exactly, and what is the WTCA doing to strengthen its member network and increase the value of its brand?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Scott Wang, Asia Pacific Vice President, World Trade Centers Association for more.See omnystudio.com/listener for privacy information.
6/5/2023 • 22 minutes, 6 seconds
Sports Minutes: 22/23 Premier League Season awards
The tribe has spoken! Featuring nominations from you, the listeners - Elliott & Raushan run the rule over the 22/23 Premier League season, discussing who had a season to remember...and to forget! Tune in to see if your pick made the cut!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
6/1/2023 • 13 minutes, 52 seconds
Market View: IReitGlobal acquires portfolio in France; China woos Jamie Dimon, Elon Musk; Malaysia and Indonesia delay trade talks with EU over issues surrounding palm oil producers; Senate to vote on US debt ceiling deal
Singapore shares opened higher today even though global markets were down over concerns of a slowdown in the China economy and US debt ceiling voting.
The Straits Times Index (STI) was up 0.2 per cent to 3,165.33 points in early trade after 55.4 million securities changed hands in the broader market.
In terms of companies to watch, we have IReit Global, as the Europe-focused REIT acquires portfolio of 17 retail properties located across France.
Global headlines continue to make the news today, from China rolling out the red carpet to the likes of Elon Musk and JP Morgan to the US debt ceiling vote and how Asia’s ultra-rich clans are poised to invest more in China.
On Market View, the Drive Time team dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
6/1/2023 • 12 minutes, 56 seconds
Culture Club: The return of Legacy GLOWHARD Festival 2023, showcasing the best of Singapore's music scene
Legacy GLOWHARD Festival 2023 serves as a platform to showcase the best of Singapore's music scene. It is dedicated to the Hard Dance genre which is gaining popularity not just in Singapore but overseas in countries such as Australia and Netherlands. Yet, with a festival this big, issues such as ticketing fraud must be addressed and prevented.
We speak to Andrew Teo, Festival Director, Legacy Music Festival more about this.See omnystudio.com/listener for privacy information.
6/1/2023 • 10 minutes, 44 seconds
In the Spotlight: Understanding the world’s indoor location-based services market
Mapxus is a fast-growing and leading indoor mapping technology platform that provides state-of-the-art indoor map services for global applications. Improving safety and convenience are some of the few benefits of making this technology more accessible to consumers.
We speak to Dr. John Chan, Founder and CEO at Mapxus Technology Limited more about this.See omnystudio.com/listener for privacy information.
6/1/2023 • 10 minutes, 55 seconds
Under the Radar: CMC Invest on its Singapore’s platform; Retail investment landscape post-pandemic boom; Competition and pricing strategy; Uncertain economic climate and need for an educational approach; Goals and expansion plans
The retail investment landscape in the region is in focus today as we look at how industry players are tapping growing numbers of retail investors during the pandemic.
Our guest for today is from financial services firm CMC Markets, which serves over 80,000 clients globally in areas such as equity, commodities and indices trading.
The firm is present in a number of geographies including Singapore, Sydney, Toronto and across Europe.
More recently, the London-listed firm has launched a new online and mobile trading platform called CMC Invest in Singapore as part of efforts to diversify and expand its geographical reach.
But how exactly does this platform help bring the company closer to the retail investing community? And on what basis will CMC Invest compete with other industry players?
Also, how does the firm intends to retain retail investors after the pandemic boom?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Christopher Forbes, Head of CMC Invest Singapore for more.See omnystudio.com/listener for privacy information.
6/1/2023 • 17 minutes, 37 seconds
Euro Watch: Erdogan extends rule of Turkey, impact on European region
President Recep Tayyip Erdogan has extended his rule of Turkey to a third decade, France's Digital Minister Jean-Noël Barrot threatens to ban Twitter if it does not follow EU rules, and Rishi Sunak is trying to resolve issues that would further reduce their chances of winning their election.
We speak to Chris Humphrey, Executive Director, EU-ASEAN Business Council more about this.See omnystudio.com/listener for privacy information.
6/1/2023 • 6 minutes, 41 seconds
Sports Minutes: The GOAT Dilemma, Cristiano Ronaldo or Lionel Messi?
The perennial debate surrounding two footballing legends. In the company of John Dykes, famed football personality and international sports broadcaster, we explore the contrasting paths, playing styles, and remarkable achievements of Cristiano Ronaldo and Lionel Messi, who have undeniably dominated the beautiful game for over a decade to answer the age-old question: Who truly deserves the title of the Greatest of All Time?
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
5/31/2023 • 13 minutes, 10 seconds
Market View: Olam Agri’s IPO delayed; Proposed privatisation of Challenger Technologies; Aims Apac Reit’s equity fundraising exercise; China, South Korea and Japan’s factory output data; Tesla’s Elon Musk in Beijing; Nvidia surpasses US$1t market cap
Singapore shares started the day in the negative territory, after global markets ended mixed overnight.
In early trade, the Straits Times Index (STI) shed 0.5 per cent to 3,170.68 points after 42.1 million securities were transacted in the broader market.
In terms of companies to watch for today, we have Olam Group, after the company’s proposed initial public offering of its agribusiness unit is no longer expected to be completed by H1 2023 or ahead of the summer holiday period as originally planned.
Meanwhile, from a slew of factory output data out of Asia, to Tesla Chief Elon Musk’s visit to China and Nvidia surpassing US$1 trillion market valuation, regional headlines continue to remain on the top of minds of investors.
On Market View, the Drive Time team unpacked these developments with Jeremy Tan, Chief Executive Officer (CEO) of Tiger Fund Management.See omnystudio.com/listener for privacy information.
5/31/2023 • 14 minutes, 57 seconds
In the Spotlight: Circular’s subscription services allow one to ‘rent’ devices
Renting tech devices is a service provided by the start-up Circular. It has to still maintain data privacy despite the devices themselves being passed around. Moreover, the stigma surrounding getting second hand devices is changing as the sales of these second hand devices are on the rise.
We speak to Nick Ramsay, CEO & Founder, Circular more about this.See omnystudio.com/listener for privacy information.
5/31/2023 • 9 minutes, 4 seconds
Regional Roundup: Thais having doubts on the formation of a coalition government?
A majority of Thai people seem to be harbouring doubts about the ability of Move Forward Party, reported sightings of Jho Low should change Malaysian authorities' approach in their hunt for him, and lastly what will be the topics of discussion in the upcoming Shangri-La Dialogue in Singapore?
We speak more about this with Dr. Felix Tan, Political Observer, Nanyang Technological University.See omnystudio.com/listener for privacy information.
5/31/2023 • 10 minutes, 47 seconds
Under the Radar: Being a modern farmer in Singapore - Netatech Group’s CEO on its farming and technology solution verticals; Market saturation; Scaling the business and exporting farming solutions; Thailand and the Philippines in focus; Growing rice and grapes
Today we’re going to talk all about being a modern farmer in Singapore.
Armed with technology from Israel that has turned strips of deserts into fruit orchards, our guest from today is Netatech Group, which is known for building farms and growing some of the most commonly eaten vegetables in Singapore including Nai bai, Kailan and water spinach.
Unlike traditional farms, Netatech uses drip irrigation to water its crops, saving costs, labour and improving yields. The firm says it is also the first company to introduce drip irrigation into skyrise greeneries and urban farms in Singapore.
But besides building farms and growing vegetables, a good part of Netatech’s business involves providing high-tech farming solutions, such as urban irrigation and stormwater management to industry players.
So how exactly does the company define the space it is in right now? Also, to what extent will the company need to export its farming solutions overseas, in countries such as Thailand, to achieve economies of scale?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to David Tan, Group CEO, Netatech Group.See omnystudio.com/listener for privacy information.
5/31/2023 • 13 minutes, 39 seconds
Market View: Sats’ 2H earnings down despite 57.1% rise in revenue; SIA’s appetisers on Sats’ top line; Delay in Olam Agri’s IPO; CP All, Airports of Thailand, PPT Exploration and Production; Eyes on Washington with Congress set to vote on debt ceiling deal
Singapore shares opened higher today after European markets ended mixed amid concerns over the US debt deal and rate hike possibility.
In early trade, the Straits Times Index (STI) was up 0.1 per cent to 3,197.69 points after 41.6 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Sats. The in-flight caterer and ground handler reported earnings of S$6 million for the second half-year ended March 2023.
That’s a 16.7 per cent decrease year on year, and comes despite a 57.1 per cent increase in revenue.
Elsewhere, all eyes are on Washington with the House set to vote on the US debt ceiling deal to prevent a painful default by the world’s largest economy.
Aside from that, we have yet more corporate news for you ranging from BYD’s bid to supply EVs to Indonesia’s largest taxi operator to the trading of three new Thailand blue-chip names on the Singapore stock exchange.
On Market View, the Drive Time team unpacked these developments with Shekhar Jaiswal, Head of Equity Research, RHB Bank Singapore.See omnystudio.com/listener for privacy information.
5/30/2023 • 12 minutes, 15 seconds
Sports Minutes: Chelsea's conundrum, the tasks that lie ahead for Mauricio Pochettino
How big a clean up job does Mauricio Pochettino have in mending the (Stamford) bridge? And how are Tottenham fans feeling about their former manager taking over at Chelsea? Shehzad Haque, International Sports Commentator & Tottenham Fan, weighs in on the latest episode.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
5/30/2023 • 14 minutes, 34 seconds
Culture Club: Milestone Systems' new video technology to improve overall patient care
Milestone Systems' Video Management Software (VMS) looks to deal with challenges such as a shortage of healthcare professionals. It also will help to increase efficiency in the industry and improve patient care. With these types of advances and application of AI, what does the future of the health industry look like?
We speak to Malou Toft, Vice President APAC, Milestone Systems more about this.See omnystudio.com/listener for privacy information.
5/30/2023 • 10 minutes, 39 seconds
In the Spotlight: Launch of Jobs Transformation Map for Singapore’s hotel industry
The Singapore Tourism Board (STB), Singapore Hotel Association (SHA) and Workforce Singapore (WSG) have recently launch the Jobs Transformation Map (JTM) for Hotel Industry. The travel industry's comeback post Covid-19 sparks interest in the career opportunities in this sector, and we wonder what the future of the industry looks like.
We speak to Chris Teo, 2nd Vice President of Singapore Hotel Association and Chair of the Hotel Human Capital Advisory Committee more about this.See omnystudio.com/listener for privacy information.
5/30/2023 • 9 minutes, 45 seconds
Under the Radar: StarHub on its Q1 financial performance; Sustained market competition and the rollout of 5G; Effectiveness of Dare+ transformation strategy in generating revenue and dividend growth; Consolidation of MyRepublic Broadband; Consolidation of Infinity Play products
Let’s talk about telcos today. And we want to focus our attention on mainboard-listed StarHub which had released its Q1 results just about a couple of weeks ago.
The company posted a 26 per cent rise in net profits to S$37.5 million for the first quarter ended March.
StarHub attributed its Q1’s performance to higher service revenue, which grew 11 per cent year-on-year, despite sustained market competition.
But what is the competitive landscape for the telco operator with the rollout of 5G? And how effective has StarHub’s Dare+ transformation strategy to introduce new 5G solutions been in generating sustainable revenue growth and dividend growth?
Meanwhile, the company also cited a boost from the consolidation of MyRepublic broadband for its stronger Q1 showing.
But how has MyRepublic broadband generated long-term synergies for StarHub, particularly in the areas of cloud gaming and over-the-top content?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Johan Buse, Chief of Consumer Business Group, StarHub for more.See omnystudio.com/listener for privacy information.
5/30/2023 • 19 minutes, 29 seconds
China Perspective: China’s first domestically made passenger jet flew its maiden commercial flight
China is getting increasingly more confident in their place on the world stage. It looks to compete with US in space technology and exploration. Moreover, China's first domestically made passenger jet could be a significant competitor to industry giants like Boeing and Airbus. Lastly, how will tesla fair if they were to break into the Chinese market?
We speak to Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs more about this.See omnystudio.com/listener for privacy information.
5/30/2023 • 8 minutes, 37 seconds
Market View: Joe Biden and Kevin McCarthy finalises US debt ceiling deal; Nvidia unveils more AI products; Temasek cuts employee compensation after failed FTX investment; Stamford Land’s earnings
Singapore shares began the week in positive territory, tracking strong performances in the US and Europe markets.
The Straits Times Index (STI) was up 0.7 per cent to 3,229.53 points in early trade after 48.8 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Stamford Land. That’s after the company’s net profit rose to S$184.5 million for its second half-year, significantly higher than the S$15.6 million in the year-ago period.
Meanwhile, most Asian markets cheered a deal between US President Joe Biden and House Speaker Kevin McCarthy to lift the US debt ceiling and avoid a catastrophic default.
On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
5/29/2023 • 11 minutes, 52 seconds
Sports Minutes: Leeds & Leicester relegated, while Dortmund bottle their Budesliga ambitions
A frantic end for the domestic football season across Europe saw Dortmund fluff their lines in pursuit of Bundesliga glory, while Leeds & Leicester failed to retain their Premier League status. Who were the winners and losers from the weekend? Elliott and Raushan discuss!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
5/29/2023 • 12 minutes, 11 seconds
Culture Club: Elective egg freezing, what people need to know
Elective egg freezing will allow women to have more flexibility in when they decide to have children. How does this process work, what to consider, and what are the potential risks involved?
We speak to Dr Roland Chieng, Medical Director, Virtus Fertility Centre Singapore to answer these questions.See omnystudio.com/listener for privacy information.
5/29/2023 • 8 minutes, 59 seconds
In the Spotlight: How passwordless authentication is the key to customer trust
Going passwordless will give both organizations and consumers a better online experience. It will also help to mitigate phishing attacks, which are a growing problem, by adding an extra layer of security to user identity.
We speak to David Hope, Senior Vice President - Asia-Pacific & Japan, ForgeRock more about this.See omnystudio.com/listener for privacy information.
5/29/2023 • 12 minutes, 21 seconds
Sports Minutes: With Nadal ruled out of Roland Garros, who will be crowned the king of clay at the French Open?
No player ever been as synonymous to any Grand Slam tennis tournament the way one Rafael Nadal has ruled the French Open. Unfortunately for the king of clay - who has won the tournament a record 14-times - he will not be in the running to add to that tally in 2023, having been ruled out with a hip flexor injury that’s sidelined him since January.
What does this mean for the rest of the field, and perhaps Roland Garros itself? Emaad Akhtar, former Sports Reporter with FOX Sports Asia, joins Elliott and Raushan to discuss!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
5/26/2023 • 14 minutes, 31 seconds
Culture Club: i Light Singapore returns In June with two new Locations in the CBD
i Light Singapore is an annual celebration that brings people from all walks of life together by shining a light on art and sustainability. They take efforts such as sourcing for materials for artworks sustainably and using energy saving lightings during the festival.
We speak to Jason Chen, Festival Director of i Light Singapore 2023 and Director (Place Management), URA more about this.See omnystudio.com/listener for privacy information.
5/26/2023 • 13 minutes, 37 seconds
In the Spotlight: M1 launches 5G-powered telemedicine services, surveillance systems to enhance Singapore maritime industry
A first-of-its-kind offering in Southeast Asia, M1 has recently launched its 5G SA-powered solution-in-a-box. They recently partnered with Fullerton Health to provide 5G-powered telemedicine services to seafarers working onboard vessels out in the sea. Moreover, M1 is taking connectivity to the next level by venturing into the Maritime industry.
We speak to Willis Sim, Chief Corporate Sales & Solutions Officer, M1 more about this.See omnystudio.com/listener for privacy information.
5/26/2023 • 12 minutes, 31 seconds
In the Spotlight: The growing tourism sector in Uzbekistan
Singapore and Uzbekistan will explore collaboration opportunities in the tourism sector, paving the way for greater connectivity between the two countries. What is the current situation of the tourism sector in Uzbekistan, do they serve the needs of tourists, and what improvements could be made?
We speak to Mr Charles Tan, Secretary General, NATAS and Managing Director of Pegasus Travel Management more about this.See omnystudio.com/listener for privacy information.
5/25/2023 • 15 minutes, 45 seconds
Culture Club: Kindness Day SG with a theme ‘Amp Up Your Kindness!
The SG kindness movement has put forth multiple initiatives over the years involving schools, parents and other parties. How effective have they been and where does Singapore rank, compared to neighboring counties, when it comes to kindness?
We speak to Dr William Wan, General Secretary, Singapore Kindness Movement more about this.See omnystudio.com/listener for privacy information.
5/25/2023 • 11 minutes, 29 seconds
Sports Minutes: The inevitable rise of E-sports
Team Flash is flying the flag for Singapore, dominating the e-sports arena in games such as FIFA, Mobile Legends, E-racing and Brawl Stars. Mark Chew, the chief executive officer of Team Flash, is in conversation with Elliott and Raushan to tell us more!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
5/25/2023 • 13 minutes, 28 seconds
Euro Watch: EU supplying weapons to Ukraine in view of counteroffensive against Russia
U.K. inflation dropped sharply in April, the EU continues to supply weapons to Ukraine in view of a counteroffensive, and the choice of Sultan Al Jaber, chief executive of the Abu Dhabi National Oil Company (Adnoc), to head December’s COP28 summit in Dubai has angered activists.
We discuss these headlines with Dr Samir Puri, Visiting Lecturer in War Studies at King's College London and author of 'Russia's Road to War with Ukraine'.See omnystudio.com/listener for privacy information.
5/25/2023 • 6 minutes, 26 seconds
K-travel: The gems outside of Seoul
There’s a lot more to South Korea than its capital - Seoul.
Whether it's a trip to see the history, alongside the countryside, or to one of the many gorgeous mountains, if you’re looking to travel to South Korea soon, here are some other cities you may want to check out to get the full experience of Korea and Korean culture. See omnystudio.com/listener for privacy information.
5/25/2023 • 6 minutes, 4 seconds
Culture Club: Singaporeans becoming more bargain-conscious, want more seamless shopping, but how can businesses keep up?
Singaporeans’ spending habits are evolving alongside rising inflationary and economic pressures. Moreover we are seeing a resurgence of brick and mortar in Singapore. With all these changes, how can business capitalize on retail opportunities and fight fraud?
We discuss this with Priyanka Gargav, Country Manager for Singapore and Head of Commercials for Southeast Asia & Hong Kong, Adyen.See omnystudio.com/listener for privacy information.
5/24/2023 • 12 minutes, 25 seconds
Regional Roundup: Malaysian Prime Minister addresses regulations regarding the use of the word "Allah" by non-Muslims
Thailand's Move Forward Party and its seven political allies affirm a mutual agreement to drive 23 agendas once their coalition government is formed. Malaysian Prime Minister Anwar Ibrahim said on Tuesday (May 23) that the government will streamline conflicting regulations regarding the use of the word “Allah” by non-Muslims.
We speak to more Dr. Felix Tan, Political Observer, Nanyang Technological University about these headlines.See omnystudio.com/listener for privacy information.
5/24/2023 • 12 minutes, 55 seconds
In the Spotlight: Understanding the concept of 'branch-office-of-one', rise of threats caused by hybrid working arrangements
The ability to work from, not just home, but anywhere, has benefited many of us, especially during the Covid-19 pandemic period. However, companies could potentially face more issues when it comes to cybersecurity as a result of this.
We speak to Vishak Raman, Vice President, India, SEAHK and ANZ at Fortinet more about this.See omnystudio.com/listener for privacy information.
5/24/2023 • 11 minutes, 57 seconds
Sports Minutes: Racism rears it's ugly head in Spain, what next for Vinicius Jr.?
In the aftermath of the racist abuse Vinicius Jr. suffered on Sunday, Valencia have been sanctioned with a partial stadium closure for five matches. Spanish police have also detained three people in connection with the abuse directed at the Brazilian. But what more needs to be done to entirely eradicate racism from our beautiful game?
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
5/24/2023 • 15 minutes, 42 seconds
K-food: The meaning behind your favourite Korean food
When it comes to traditional foods - Koreans believe that food should be harmonious.
But did you know that some Korean dishes actually have a meaning behind them? In fact, there different foods for certain occasions including birthdays, public holidays, and even before a big exam, Koreans traditionally eat.
It’s K-food on K-wave today - and here are some of the foods in Korean culture that have special meanings behind them. See omnystudio.com/listener for privacy information.
5/24/2023 • 6 minutes, 9 seconds
Culture Club: The importance of social skills in the age of Artificial Intelligence
We discuss a study that shows that social skills have a positive correlation with financial analyst career outcomes. How did they measure social skills? What were other findings and how can they be generalized?
We get the answers to these questions with An-Ping Lin, Assistant Professor of Accounting, Singapore Management University.See omnystudio.com/listener for privacy information.
5/23/2023 • 5 minutes, 48 seconds
In The Spotlight: Rising trends within the travel sector
The travel business is extremely resilient because people have an inherent need to explore and connect with one another. Companies in the travel sector must help create experiences specific to demographics or even individuals. Using relevant AI is crucial in this process.
We speak to Karun Budhraja, Senior Vice President, Travel unit Marketing, Asia Pacific, Amadeus more about this.See omnystudio.com/listener for privacy information.
5/23/2023 • 15 minutes, 10 seconds
Sports Minutes: Has Manchester City's dominance made the Premier League become a one-horse race?
Having clinched 5 Premier League titles in the last 6 seasons, Manchester City are very much the dominant force in English football. Fuelled by the tactics of the irrepressible Pep Guardiola, and the endless funds from Abu Dhabi - the Blue Moon continues to rise at an alarming rate....but at what cost?
Famed football personality and international sports broadcaster John Dykes joins Elliott and Raushan to discuss City's dominance, and the cost it has had on the competitiveness of the Premier League.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
5/23/2023 • 12 minutes, 7 seconds
China Perspective: US President Joe Biden expected to meet with President Xi Jinping in the near future
Members of the G7 summit must handle the threats that China poses with caution, as China still remains a significant trade partner to them. The US and Chinese presidents are expected to meet up soon but the time and location are yet to be determined. China will also have to react to protest in Japan over “hype around China-related issues”.
We speak to Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs more about these issues.See omnystudio.com/listener for privacy information.
5/23/2023 • 8 minutes, 32 seconds
K-influencer: What are some plastic surgery trends in South Korea?
South Korea is often called the world's plastic surgery capital.
Some say around one in three South Korean women between 19 and 29 have had plastic surgery.
But why is plastic surgery in South Korea so popular?
What are some trends in plastic surgery in Korea right now?
To find out more - on K-influencer is Dr Shens, Plastic Surgeon Consultant at Shens Clinic who is also a Korean-trained plastic surgery doctor here in Singapore.See omnystudio.com/listener for privacy information.
5/23/2023 • 14 minutes, 33 seconds
Washington Report: Takeaways from G7 summit
The G7 summit has given us some insight into the members' views on significant global issues such as the Ukraine-Russian war. Moreover, how should the US debt ceiling issue be dealt with?
We discuss this further with Pushan Dutt, Professor of Economics, INSEAD.See omnystudio.com/listener for privacy information.
5/22/2023 • 10 minutes, 42 seconds
In the Spotlight: Importance of cybersecurity in the e-commerce sector
Cybersecurity is more important than ever, especially in the e-commerce sector where they deal with confidential information. Investment in cybersecurity providers will help deal with cybercriminals, who are deploying AI bots to disrupt these e-commerce sites.
We speak to Laurent Perche, Digital & Security Strategist, APAC, Edgio Inc. more about this.See omnystudio.com/listener for privacy information.
5/22/2023 • 11 minutes, 24 seconds
Culture Club: Using Tiktok filters to engage different communities
Tiktok game filters have allowed many to be more involved in their respective communities. Their effectiveness was apparent during the SEA games and during Chinese New Year. Inspiration and innovation are crucial in developing these filters.
We speak to Lynette Wu, Augmented Reality Creator & TikTok Effect House Ambassador more about this.See omnystudio.com/listener for privacy information.
5/22/2023 • 12 minutes, 39 seconds
Sports Minutes: Did Team Singapore exceed expectations at the 2023 SEA Games?
Team Singapore recorded an eye-catching tally at the 32nd SEA Games with 51 gold, 43 silver, 64 bronze medals, 8 Games record, 17 national records, and 40 personal best performances. So did the Lion City exceed expectations at the regional games? Deepanraj Ganesan, sports reporter with The Straits Times, joins us to review Singapore's performance in Cambodia.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
5/22/2023 • 13 minutes, 36 seconds
K-drama: Revenge & politics - Queenmaker
There's a new series in town that takes inspiration for Korea’s political issues.
It’s K-drama on today’s episode -
And I’ll tell you all you have to know about the newest k-drama series- "Queenmaker."
If you’re looking for something dark - this may be the new series you might want to binge-watch.See omnystudio.com/listener for privacy information.
5/22/2023 • 5 minutes, 38 seconds
Sports Minutes: How Singapore's cricket team overcame the odds to win SEA Games Gold
Success never comes easy. This is especially true for Team Singapore's cricket contingent - who overcame the odds to clinch gold in the Sixes tournament. Team captain, Amjad Mahboob, sheds light on the less than ideal preparations ahead of the SEA Games in Cambodia, and his hope that achieving gold will lead to more being done for the sport here in Singapore.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
5/19/2023 • 11 minutes, 18 seconds
In the Spotlight: Keeping up with the cybercrime business
We usually associate crime with chaos. However, the cybercrime business is actually very organized. There are hierarchies, workshifts, and many more features that contribute to this. However, this makes the cybercrime business all the more frightening. To combat it, we need to keep up with them by implementing and improving certain cyber tools.
We speak to Muthu Kumar, Director, XDR Business, SEA, Trend Micro more about this.See omnystudio.com/listener for privacy information.
5/19/2023 • 13 minutes, 10 seconds
K-food: Eat vicariously through these Mukbangers
When you think of Korean food, for some of you, you might think of mukbangs.
Mukbangs are kind of known as an eating show.
It’s when a content creator videos themselves consuming various quantities of food while interacting with viewers.
The genre became popular in South Korea in 2010, and has since become a major contributor to Hallyu, cementing its status as a global trend since the mid-2010s.
Here are some trending Mukbang content creators South Koreans are watching. See omnystudio.com/listener for privacy information.
5/19/2023 • 5 minutes, 34 seconds
Euro Watch: What to expect in upcoming G7 summit
The G7 summit in Japan will highlight its members' takes on pressing issues around the globe. The West must prepare for the outcome of the Turkish parliamentary and presidential elections. We also look at the effects of Brexit on the UK's automobile industry.
We talk more about these headlines with Dr Samir Puri, Visiting Lecturer in War Studies at King's College London and author of 'Russia's Road to War with Ukraine'See omnystudio.com/listener for privacy information.
5/19/2023 • 14 minutes, 1 second
In the Spotlight: Exploring underrated resorts in South East Asia
During this post pandemic era, tourism is increasing in South East Asia. In the search for new experiences and a tranquil getaway, many overlook certain resorts that could suit their needs. What makes them underrated and should we be giving these underrated resorts a chance?
We speak about this and more about the hospitality industry with Rajit Sukumaran, Managing Director, South East Asia and Korea, IHG Hotels & Resorts.See omnystudio.com/listener for privacy information.
5/18/2023 • 13 minutes, 17 seconds
Culture Club: Canadian 2 For 1 Pizza's collaboration with the Singapore Premier League 2023, commitment in supporting local sports and community initiatives
Canadian 2 For 1 Pizza is partnering with the Football Association of Singapore (FAS) for the Singapore Premier League 2023. Canadian 2 For 1 pizza has also been taking sustainability efforts that will continue to increase in the future.
We speak to Mohamed Zakariah, Operations Manager, Canadian 2-For-1 Pizza about this.See omnystudio.com/listener for privacy information.
5/18/2023 • 11 minutes, 17 seconds
Sports Minutes: Ex-Lion R. Sasikumar on why he swapped Singapore for Spain
As the inquest into local football continues, former Singapore footballer R Sasikumar tells us why he choose to seek pastures anew for his two sons - having migrated with his family to Madrid in 2021. His two boys Kyen, 12, and Tylan, 9, are now playing in the Atletico Madrid youth teams, in pursuit of their ambitions to turn pro. Is the grass really greener on the other side?
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
5/18/2023 • 16 minutes, 24 seconds
K-influencers: @kyung.2k - Why you need to know some "Konglish"
You may have seen him on TikTok, perhaps intriguing you with this Korean accent.
Or even his viral content on how his accent has changed - after one week in Singapore - 6 months in Singapore - 2 years in Singapore and 29 years in Singapore.
If my description of him still doesn’t ring a bell - maybe his accent will.
On K-influncers, it's Kwak Kyung Hoon, also known as kyung.2k on TikTok and Instagram.See omnystudio.com/listener for privacy information.
5/18/2023 • 16 minutes, 28 seconds
Culture Club: Disinfecting dilemma, are we using chemicals that harm instead of protect
Certain disinfectants can be toxic and have negative impacts on the consumer's health. However, because they have been promoted by media for many years, many are hesitant to switch to newer, less toxic options like Natroshield.
We speak to Lisa Williamson, Partner, Natroshield more about this.See omnystudio.com/listener for privacy information.
5/17/2023 • 9 minutes, 56 seconds
K-fashion: Brands & stores to check out in Seoul
If you’re heading to South Korea soon for your summer holidays, and you want to know where to dress just like how South Koreans do, delve deeper into the world of Korean fashion, and fill your shopping bags with all the trending styles in Korean fashion.
You’ve come to the right place.
It’s K-fashion today on K-WAVE, and I’ll tell you some of the local brands and designers you need to check out while you’re in South Korea. See omnystudio.com/listener for privacy information.
5/17/2023 • 5 minutes, 56 seconds
In the Spotlight: INSEAD develops poetic generative AI applications rivalling ChatGPT
The use of AI is becoming more prominent, for example, with the introduction of ChatGPT. However, there are different types of generative AI and they are competing for superiority in their application in many fields as they continue to become more advanced.See omnystudio.com/listener for privacy information.
5/17/2023 • 17 minutes, 28 seconds
Sports Minutes: John Barnes on Liverpool, Arsenal & Manchester United
In the Lion City for the launch event of the inaugural Singapore Festival of Football, Liverpool legend John Barnes spoke to Elliott and Raushan all about the week-long fiesta, which will be hosted at the National Stadium in July 2023. He also took time to talk Premier League football - sharing his thoughts on Arsenal, Liverpool and Manchester United.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
5/17/2023 • 11 minutes, 53 seconds
Market View: SIA’s record net profits in its 76-year history; Shell to use AI in deep sea oil exploration; UN projects global economic growth at 2.3% in 2023; Biden cancels visit to Australia to deal with US debt ceiling stalemate
Singapore stocks were down this morning, tracking overnight losses globally.
In early trade, the Straits Times Index (STI) was down 0.3 per cent to 3,205.35 points after 69 million securities changed hands in the broader market.
In terms of companies to watch, SIA continues to fly high. The group posted its highest full-year net profit in its 76-year history to S$2.2 billion for FY2022/23. That’s to be compared against a net loss of S$962 million in FY2021/22.
Elsewhere, unease over the slow progress of US debt talks further dampened sentiment in Asia markets today. With US President Joe Biden scrapping stops in Papua New Guinea and Australia after attending the G7 summit, how concerned should we be?
On Market View, the Drive Time team unpacked these developments with Carmen Lee, Head of OCBC Investment Research.See omnystudio.com/listener for privacy information.
5/17/2023 • 11 minutes, 33 seconds
Regional Roundup: Challenges awaiting the winner of Thailand's general election
The Move Forward Party achieved victory in Thailand's general election. However, it is expected that the military elite will not welcome them with open arms. Along with that, Mr Pita Limjaroenrat, the potential new Prime Minister of Thailand, would have to face certain challenges if elected.
We discuss these headlines on today's Regional Roundup with Dr. Felix Tan, Political Observer, Nanyang Technological University.See omnystudio.com/listener for privacy information.
5/17/2023 • 12 minutes
Under the Radar: Ant Group-backed ANEXT Bank’s CEO on competing using interest rates; Wholesale banking trends and ANEXT bank’s focus on SMEs; Ant Group pouring US$188m in additional funding
We want to talk about the banking sector and in particular the digital banking sector which has gained traction in recent years.
You may be familiar with Grab and Singtel’s GXS, Sea Group’s MariBank, as well as Standard Chartered and FairPrice Group backed Trust Bank.
Aside from these banks catering to retail customers, Singapore also has two wholesale digital banks, namely Ant Group’s ANEXT Bank and Green Link Digital Bank, catering to SMEs and non-retail customers.
But what is the wholesale banking landscape right now, and how are industry players positioning themselves to gain a foothold in this field? What do the recent volatilities in the banking sector mean for wholesale banks targeting SMEs?
On Under the Radar, Drive TIme’s finance presenter Chua Tian Tian sat down with Su Mei Toh, CEO, ANEXT Bank for more. See omnystudio.com/listener for privacy information.
5/17/2023 • 13 minutes, 40 seconds
Culture Club: Tips on how to not fall victim to renovation horror stories
Getting scammed for money while renovating your home is not uncommon. We must plan and navigate the process carefully to protect ourselves from being exploited. Inspire ID Group prides itself on its ability to help their clients through this experience.
We speak to Russell Chin, Founder and Managing Director, Inspire ID Group more about this.See omnystudio.com/listener for privacy information.
5/16/2023 • 13 minutes, 38 seconds
In the Spotlight: Will AI kill off one of Singapore's tuition industry?
The role of AI is increasing in Singapore's education system. Many are concerned about job security as a result of that. Moreover, there is skepticism concerning its effectiveness in cultivating a holistic learning experience.
We speak to Dr Richard Yen, Founder, Ednovation and ChildFirst Pre-school more about this.See omnystudio.com/listener for privacy information.
5/16/2023 • 10 minutes, 17 seconds
China Perspective: Li Hui tours Europe, what to expect
China’s special representative for Eurasian affairs Li Hui is taking a tour of Europe, talks are held this week between China’s foreign policy chief Wang Yi and US National Security Adviser Jake Sullivan, and Chinese and Vietnamese vessels are involved in a confrontation in the South China sea.
We go deeper into these headlines on today's China Perspective with Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs.See omnystudio.com/listener for privacy information.
5/16/2023 • 8 minutes, 20 seconds
Market View: OUE Healthcare shares up 46%; SIA and Scoot fly high; Morgan Stanley mulls 7% cut in APAC investment banking workforce; Alibaba’s “huge” investments in Taobao; Buffet exits TSMC; US debt ceiling talks continue
Singapore shares started the day higher. The Straits Times Index (STI) gained 0.2 per cent to 3,219.81 points in early trade after 44.8 million shares worth S$48.9 million changed hands in the broader market.
In terms of companies to watch for today, we have Singapore Airlines, after the flag carrier and its budget arm Scoot flew close to 2.7 million passengers in April 2023.
That’s an 85.5 per cent increase from the same month the year before when borders in Singapore were first fully reopened since the Covid-19 pandemic hit.
Elsewhere, investors continue to monitor a slew of corporate developments from Elon Musk’s X making its first acquisition to Warren Buffet closing his position on Taiwan Semiconductor Manufacturing and Alibaba’s investments in Taobao shopping app.
On Market View, the Drive Time team unpacked these developments with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi. See omnystudio.com/listener for privacy information.
5/16/2023 • 13 minutes, 57 seconds
Sports Minutes: Transfers that saved a footballer's career...or not!
We delve into the football transfers that played a pivotal role in rescuing a player's career from the brink of obscurity. From high-profile stars to promising talents, we explore the transformative moments when a transfer provided a lifeline, reigniting their passion, form, and fortunes.
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
5/16/2023 • 12 minutes, 23 seconds
Under the Radar: Bringing London’s West End to Singapore and beyond - British Theatre Playhouse on the ins-and-outs of operating a theatre production company; Possible fragmentation in the theatre industry in Singapore; Setting its base in Singapore; On-demand productions and increased monetisation; Future funding plans
Bringing London's West End to the far reaches of the world. That’s what we are going to talk about today.
Our guest for today is the British Theatre Playhouse, a Singapore-incorporated theatre production company that has produced and presented a series of highly successful British productions in Singapore, Malaysia, Thailand, Sri Lanka, Indonesia, United Arab Emirates and the UK.
Since its founding in 2004, the company has brought in over 20 shows to Singapore through events such as charity galas and has moved into musicals of late.
But what are the reasons behind the moves to diversify? And to what extent does dollars and cents have a part to play?
Meanwhile, the company is also currently exploring gamification and on demand theatre plays, after witnessing how the world came to a standstill during the pandemic.
To what extent can its on-demand offerings increase the monetisation of its theatre productions. Also - how will increased monetisation of its production help the firm gain more funding from investors?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian found out more about the ins and outs of the theatre production business from Cecilia Leong-Faulkner, Managing Director, British Theatre Playhouse.See omnystudio.com/listener for privacy information.
5/16/2023 • 21 minutes, 22 seconds
K-fashion: How to excel your airport fashion looks like K-celebrities
If style was a school - Korean celebrities would be the master teachers of airport fashion.
While many of us opt for comfortable looks of T-shirts and jogger pants, for Korean celebrities - even in transit, they don’t disappoint.
K-celebrities have taken the airport runway to another level - making it their own fashion runway.
Here are some of the top stars that have killed the game - before they soared to the skies.See omnystudio.com/listener for privacy information.
5/16/2023 • 6 minutes, 39 seconds
Culture Club: UAS Arts Symposium, a milestone event for the art education scene in Singapore
The importance and value of art education is often overlooked in Singapore. However, interest in it is increasing amongst students. The University of Arts Singapore is a federation of two local arts colleges, Nanyang Academy of Fine Arts, and Lasalle College of the Arts. It aims to guide these students in their pursuit of the arts as well has having the goal of promoting Singapore in the arts scene in Southeast Asia.
Professor Kwok Kian Woon, Vice-Chancellor, University of the Arts Singapore tells us more.See omnystudio.com/listener for privacy information.
5/15/2023 • 8 minutes, 5 seconds
Washington Report: Should the world be worried if the US debt ceiling is not lifted?
From US’ debt ceiling crisis to the possibility of former US President Donald Trump becoming president once again.
Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
5/15/2023 • 9 minutes, 59 seconds
In the Spotlight: The demand for data literacy in the e-commerce sector
The demand for data literacy has become increasingly important in the e-commerce sector as many companies use this data to improve their internal processes. DataNoodle is a data analytics platform that has unique features to satisfy this demand.
We discuss this further with Barry Roberts, CEO and Co-Founder, DataNoodleSee omnystudio.com/listener for privacy information.
5/15/2023 • 9 minutes, 39 seconds
Market View: Genting Singapore’s Q1 EBITDA down 25% qoq; ST Engineering’s Q1 revenue up 13% yoy; Thailand’s election vs the Thai Baht; US Congressional Budget Office on US default; Samsung and Tesla’s possible alliance to develop chips for autonomous vehicles
Singapore shares started the week lower after US equities ended down on Friday.
In early trade, the Straits Times Index (STI) was down 0.1 per cent to 3,204.36 points after 63 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Genting Singapore. The company announced on Friday that its net profit more than tripled year-on-year to S$129.2 million for the first quarter ended March, though this is no reason for optimism if we dive deeper into the numbers.
Elsewhere, investors continue to monitor more developments out of the US including plans to resume debt ceiling talks tomorrow, and the meet-up between Tesla’s CEO Elon Musk and Samsung Electronics’ executive chairman JY Lee and the odds of a possible alliance.
On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
5/15/2023 • 15 minutes, 42 seconds
Sports Minutes: Pochettino edges closer to Chelsea; Arsenal bottle title chances
Reports suggest that Chelsea have agreed terms to make former Tottenham boss Mauricio Pochettino their new manager. He will join the club in the summer, with Frank Lampard remaining as interim manager until the end of the season. Is this the right move for the Blues? Elliott and Raushan weigh out the pros and cons!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
5/15/2023 • 13 minutes, 6 seconds
Under the Radar: FUJIFILM Business Innovation Corporation Singapore’s CMO on its focus on data and the B2B market;Tapping the hybrid work phenomenon; Importance of providing Unified Communications solutions; FBICS’ first step towards Direct-to-Consumer market through LazMall flagship store
Our guest for today will certainly ring a bell, especially if you love to print out all your electronic documents. Drumrolls - we are talking about FUJIFILM Business Innovation Corporation, also formerly known as Fuji Xerox before a rebranding exercise done between 2020 and 2021.
From a copier printer company back in the early 1990s, FUJIFILM Business Innovation has now evolved to meet the demands of a digital economy. The firm’s portfolio now includes not only printing equipment, but also the manufacturing and sales of world-class workflow solutions.
In particular, FUJIFILM Innovation is setting its sights on the hybrid work phenomenon by offering document share services and electronic signatures.
Meanwhile, the company is also deepening its roots in its printer business. For one thing, FUJIFILM Business Innovation Singapore has taken its first step towards the Direct-to-Consumer market this year, by working with e-commerce platform Lazada to launch the brand’s first official LazMall flagship store in Singapore in March.
But really - what else can we look forward to as the company positions itself for the next bound of growth?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian finds more about the company’s priorities ahead with Adeline Goh, Chief Marketing Officer, FUJIFILM Business Innovation Singapore.See omnystudio.com/listener for privacy information.
5/15/2023 • 17 minutes, 15 seconds
K-slang: 삼귀다 (samgweeda)
If you watch a lot of romance k-dramas you’d know that Koreans refer to that as 썸 (sseom)
It’s the stage where before you define the relationship.
But while it’s common to use 썸 now, there’s another slang word Gen Z’s use to define that kind of relationship -
It’s 삼귀다 (samgweeda).See omnystudio.com/listener for privacy information.
5/15/2023 • 4 minutes, 36 seconds
Market View: Singapore stock market wrap; Seatrium’s net order book of S$20b; First Resources’ Q1 net profit down 73.8% yoy; US producer prices up 2.3% yoy in April, Elon Musk to step down as Twitter CEO; US mortgage rates could top 8% if US defaults
Singapore stocks fell at the opening bell today after Wall Street equities ended mixed overnight.
In early trade, the Straits Times Index (STI) dropped 0.4 per cent to 3,217.41 points as 92 million securities changed hands in the broader market.
In terms of companies to watch today, we have Seatrium. That’s after the group announced a net order book of S$20 billion for the year to date following the confirmation of multiple projects.
Elsewhere, investors continue to keep a lookout on a number of developments out of the US ranging from slowing inflation and a new chief for Elon Musk’s Twitter.
The US debt ceiling standoff is also in focus, after a report from real estate firm Zillow says mortgage payment on a typical home could be 22 per cent higher if the US defaults.
On Market View, the Drive Time team discussed the latest market moves and views with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
5/12/2023 • 15 minutes, 20 seconds
Culture Club: Revamp of flagship Kiztopia Marina Square, emphasis on ‘Play To Learn, Learn Through Play’
Parents listen up! Kiztopia, Singapore’s mega-indoor kids’ edutainment playground has reopened its all revamped flagship outlet at Marina Square.
And not just that, Kiztopia is also expanding its presence to more heartlands with the opening of two new outlets at The Woodleigh Mall and SAFRA Choa Chu Kang in May and June 2023 respectively.
Heidi Tian, Founder & CEO, Kiztopia shares with us on how the brand has grown and expanded over the years. See omnystudio.com/listener for privacy information.
5/12/2023 • 9 minutes, 29 seconds
Sports Minutes: Mourinho to PSG? Ricciardo to AlphaTauri?
Rumours are rife that Jose Mourinho might be swapping Roma for PSG, while Daniel Ricciardo could be in line to return to the F1 grid with Scuderia AlphaTauri. Is this another shot at the top for two households name in the sporting world? Elliot & Raushan discuss the possibilities!
Got a story to tell? Get in touch with [email protected] | [email protected] See omnystudio.com/listener for privacy information.
5/12/2023 • 12 minutes, 57 seconds
In the Spotlight: Pushing the boundaries of flip phones, will it make a comeback?
According to Allied Market Research, flip phones were the largest market in 2021, contributing nearly three quarters of the global foldable smartphone market. So does this mean that flip phones are making a comeback?
Dylan Yu, Head of Marketing, OPPO Singapore shares his observations.
See omnystudio.com/listener for privacy information.
5/12/2023 • 9 minutes, 29 seconds
Weekly Wrap Up: Why do we not support Singapore athletes more?
Singapore sports scene has evolved a lot over the last few decades. We have seen the country winning various major medals including an Olympic gold medal with Joseph Schooling. But why are we not supporting our own athletes more?
Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs shares his views. See omnystudio.com/listener for privacy information.
5/12/2023 • 17 minutes, 33 seconds
Under the Radar: A world without keys - From making smart locks to large scale access management, igloocompany on its aggressive expansion; Assessment of the smart home and real estate management market; Entry into the US and its ambitious target to deploy 1m devices
Can you imagine a world without keys? Well, that’s the vision of a Singapore-headquartered company that makes smart locks and lockboxes.
Founded in 2015, igloocompany offers a holistic suite of software and hardware products that enable seamless and secure accessibility for a robust digital economy.
Since then, igloocompany has also grown over the years to include an enterprise focused vertical, which focuses on large-scale access management.
Its smart locks and lockboxes, meanwhile, are sold in more than 100 countries all over the world, including in the US.
The startup was listed on Forbes Asia’s 100 small companies and startups to watch in 2022, and was reported to serve over 400 enterprise customers with 5 million digital credentials issued.
The firm charged ahead in 2021 to expand in Austin, the US, and get a slice of the US$46 billion smart home market over the next few years.
It set an ambitious target then to deploy 1 million devices in the US across the next three years, but what is the status right now?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Best Haputpong, VP of Business Development, igloocompany for more.See omnystudio.com/listener for privacy information.
5/12/2023 • 16 minutes, 32 seconds
K-fashion: Blackpink concert looks to be inspired from
Blackpink is coming to your area soon - hitting the stage right here in Singapore this weekend.
While those going to the concert - will enjoy all of BlackPink’s iconic songs LIVE- witnessing the members’ signature high-energy performances, stunning visuals, and powerful vocals,
All eyes will also be what kind of outfits and looks they will be wearing this time round.
So on K-fashion today, let’s take a look at some of the iconic looks they wore to their concerts. See omnystudio.com/listener for privacy information.
5/12/2023 • 6 minutes, 56 seconds
Culture Club: Singaporean organic juice brand making conscious drinking easier
“Let’s grab a drink!”Most of us can all agree that alcohol is a great social tool (of some sort).
But thanks to the pandemic, more are practising conscious drinking, switching between no and low-alcohol drinks during hangouts or even bar hopping with friends.
So how is this an opportunity for the juice industry to make a comeback?
Ernany Siregar Jasmin, Founder + Managing Director, WSQR shares more.See omnystudio.com/listener for privacy information.
5/11/2023 • 11 minutes, 1 second
Market View: - SIA’s redemption of MCBs; The Place Holdings to sell 11% of New Vision Holding; SingPost’s 25% drop in 2H net profits; Banks’ net interest marginscould be past their peak
Singapore shares opened slightly higher today after international markets ended mixed on news of US inflation cooling.
In early trade, the Straits Times Index increased by 0.03 per cent to 3,423.11 points, after 71.6 million shares were traded.
In terms of companies to watch, we have Singapore Airlines. The national flag carrier announced that it intends to redeem half of the mandatory convertible bonds (MCBs) it issued in June 2021.
Meanwhile, shares of The Place Holdings were heavily traded after the group said it is in talks to sell up to 11 per cent of New Vision Holding. Investors are also keeping tabs on a number of companies seeing developments today ranging from SingPost to CapitaLand Investment.
On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure CapitalSee omnystudio.com/listener for privacy information.
5/11/2023 • 15 minutes, 46 seconds
Sports Minutes: 1000 golds & counting, how many more will Team Singapore win at the SEA Games?
Having recently surpassed the 1000 mark for gold medals won at the SEA Games, just how many more can Team Singapore clinch at the 2023 edition? David Lee, Sports Correspondent with The Straits Times, joins us from Cambodia to review and preview the games thus far.
READ MORE:https://www.straitstimes.com/multimedia/graphics/2023/05/singapore-sea-games-1000-gold-medals/index.html?shell
Got a story to tell? Get in touch with [email protected] | [email protected]
See omnystudio.com/listener for privacy information.
5/11/2023 • 14 minutes, 7 seconds
In the Spotlight: Are Chinese travellers ready to make a revenge comeback?
After nearly three years, China has finally reopened its borders. That also means the return of Chinese tourists, who will provide a boost to businesses, especially in neighbouring countries, that used to rely on them.
But will Chinese tourists make a revenge comeback?
Dr. Yong Chen, Professor of Marketing and Economics, EHL Hospitality Business School shares his views. See omnystudio.com/listener for privacy information.
5/11/2023 • 9 minutes, 53 seconds
Euro Watch: Will UK parliament get a Labour majority at the next general election?
From UK’s Prime Minister Rishi Sunak’s ruling Conservatives suffering big losses at an electoral test and what we know so far about Russia’s claims that Ukraine has launched a series of drone attacks on its territory in recent weeks.
Dr Samir Puri, Visiting Lecturer in War Studies at King's College London and author of 'Russia's Road to War with Ukraine' gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
5/11/2023 • 11 minutes, 37 seconds
Under the Radar: From a humble hawker stall in the 1940s to one of Singapore’s largest wholesalers of You Tiaos - You Tiao Man’s take on business transformation Importance of pivoting into a B2B and B2B2C model
At this time of the day we want to ask the question - what’s for afternoon tea.
We're asking this question because we’re talking to a company that sells a snack commonly paired with Kopi O or soybean milk.
Bingo if you’ve guessed Youtiao or Chinese fried dough sticks. Our guest for today is You Tiao Man, which had its humble beginnings in a hawker stall back in the 1940s.
That is, before its fourth generation owner transformed it into the multi-chain food manufacturer it is today.
The company is now one of the largest wholesalers of You Tiao to hotels, caterers, restaurants, food courts and hawkers in Singapore and began distributing to supermarkets in Singapore in 2021.
From a traditional hawker business into a B2B and B2B2C manufacturing brand, we want to find out how this process has been for You Tiao Man, and what’s next for the company.
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Audrey Chew, Chief Executive Officer, You Tiao Man for more.See omnystudio.com/listener for privacy information.
5/11/2023 • 14 minutes, 43 seconds
Culture Club: Breaking the taboo of talking about mental health in workplaces
According to a McKinsey & Company report, one in three employees in Asia experiences symptoms of burnout, and 80 percent are not turning to professionals for help. The common factor contributing to these burnouts is work, and yet, 38 percent of employees in Southeast Asia are reluctant to share their mental health concerns with their managers.
Lin Tan, ICF Master Certified Coach and Founder of Collective Change Institute shares with us what needs to be done to break this barrier or wall of mental health conversations at work. See omnystudio.com/listener for privacy information.
5/10/2023 • 13 minutes, 34 seconds
Sports Minutes: Napoli's Scudetto success
Napoli ended their long wait to win the Italian Serie A, ending 33 years of pain since club icon Diego Maradona led the team to their last title in 1990. But will this be the start of a Naples dynasty, or will it be a flash in the pan much like Leicester City's surprise Premier League title win?
Elliott & Raushan are in conversation with Kaustubh Pandey, Editor-in-Chief at Get Italian Football News to find out more!
Got a story to tell? Get in touch with [email protected] | [email protected] omnystudio.com/listener for privacy information.
5/10/2023 • 14 minutes, 28 seconds
Market View: OCBC’s Q1 profits jumped 39% to record S$1.88b; Olam Agri plans dual listing in June; Impact of possible Olam Agri IPO on Singapore’s listing activity; US consumer inflation and possible surprise on the upside; US Biden and McCarthy on US debt ceiling
Singapore stocks rose this morning, despite overnight losses on Wall Street and in Europe.
In early trade, the Straits Times Index climbed 0.2 per cent to 3,249.78 points after some 53.2 million securities changed hands in the broader market.
In terms of companies to watch, we have for you OCBC, after the bank announced that net profit for its first quarter rose 39 per cent to a record S$1.88 billion, bolstered by strong net interest income growth.
Meanwhile, investors zoom in on Olam Group after reports said the agri food giant is planning to launch in June a dual IPO of its agricultural unit that could raise up to US$1 billion in Singapore and Saudi Arabia.
If actualised, the dual listing would solidify Southeast Asia as a global IPO hotspot and give a lift to Singapore’s IPO activity.
Elsewhere, all eyes are on April’s US consumer inflation due later tonight. That’s as traders continued to watch President Joe Biden and top lawmakers’ attempt to break a deadlock over raising the US$31.4 trillion US debt limit.
On Market View, the Drive Time team unpacked these developments with Carmen Lee, Head of OCBC Investment Research.See omnystudio.com/listener for privacy information.
5/10/2023 • 11 minutes, 50 seconds
In the Spotlight: Productivity gains that technologies like AI bring to the table
According to research by Boston College, companies that are already participating in the world’s largest-ever trial of the 4-day work week are not returning to the 5-day standard.
But the real question here is, are organisations equipping their employees with the right tools to help them become more productive, portending a future where they need less time to complete ‘a week’s worth of work?’
Sherie Ng, Country Director, Singapore, Google Cloud gives us her perspective on this matter. See omnystudio.com/listener for privacy information.
5/10/2023 • 9 minutes, 33 seconds
Regional Roundup: Front runners in Thailand's general election, Thaksin to make come back?
From Thailand’s upcoming general election to the latest on the ASEAN Summit happening in Indonesia.
Dr. Felix Tan, Political Observer, Nanyang Technological University gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
5/10/2023 • 12 minutes, 30 seconds
Under the Radar: SeaGPT for the maritime sector - Greywing’s CTO on gaining market share; the global maritime digital market projected to generate US$423.4b by 2031; Impact of SeaGPT on Greywing’s growth trajectory and funding plans
We’ve talked in depth about artificial intelligence, synthetic data and ChatGPT. Now, what’s next? How about a new AI chatbot called SeaGPT?
Developed by Singapore-based company Greywing, SeaGPT uses GPT-4 technology to help shipping companies navigate port agency communication hurdles.
With SeaGPT, emails related to port agency communication can be instantly automated. It can also handle questions by crew managers, saving time and reducing the risks of errors or miscommunications.
Greywing says its SeaGPT solution can be further integrated with Slack, Microsoft Teams, Whatsapp and SMS. But really, how powerful can SeaGPT get?
And with the global maritime digitisation market estimated to generate US$423.4 billion by 2031, how much of a market share is Greywing aiming to get with SeaGPT?
On Under the Radar, Drive Time’s finance presenter posed these questions to Hrishi Olickel, CTO and Co-Founder of Greywing.See omnystudio.com/listener for privacy information.
5/10/2023 • 14 minutes, 50 seconds
Market View: Janet Yellen warns CEOs on US debt ceiling; Fed’s survey of bank loan officers; China’s balance of trade figures; Bets on policy support and rally in Chinese financial, brokerage and filmmaker shares
Singapore stocks dipped today as investors anticipated key US inflation data to be released later this week.
In early trade, the Straits Times Index (STI) fell 0.4 per cent, to 3,246.08 points, after 50.6 million securities traded hands across the broader market.
In terms of companies to watch today, we have SIA Engineering Company, after the aircraft engineering and maintenance provider reported a 20.4 per cent on-year drop in net profit to S$33.9 million for the second half-year ended March.
Elsewhere, softening imports and a rally in financial stocks in China weighed on markets in the region. That’s as investors continue to mull the Federal Reserve’s survey of bank loan officers.
The US debt ceiling standoff is also on the top of mind of investors after a report said US Treasury Secretary Janet Yellen is calling on CEOs to personally warn them of the impact of a US default on its debt.
On Market View, the Drive Time team sat down with Jeremy Tan, Chief Executive Officer (CEO) of Tiger Fund Management for more. See omnystudio.com/listener for privacy information.
5/9/2023 • 11 minutes, 33 seconds
Sports Minutes: Kingpins to minnows, the state of Singapore football
Another tournament, another debacle. With Singapore football at a new all-time low after both the men's & women's teams suffered early exits at the 2023 SEA Games, the spotlight has once again shifted onto the governing body - the Football Association of Singapore. How do we pick up the pieces? Deepanraj Ganesan, sports reporter with The Straits Times, chimes in on the back of his commentary accusing the FAS of lacking honesty & accountability.
READ MORE:https://www.straitstimes.com/sport/football/dear-fas-it-s-time-to-be-honest
Got a story to tell? Get in touch with [email protected] | [email protected]
See omnystudio.com/listener for privacy information.
5/9/2023 • 15 minutes, 55 seconds
Culture Club: Happiness Initiative's mission to spread happiness in Singapore
How happy is Singapore? Despite Singapore being a country often defined by fast-paced lifestyles, high levels of stress and an unrelenting drive for progress, Singapore fared relatively well in UN’s 2023 World Happiness Report, ranking 25th-happiest out of 137 nations. However, what is stopping us from aiming for first place?
Simon Leow, Co-Founder, Happiness Initiative shares with us on what his social enterprise is doing to promote happiness in Singapore. See omnystudio.com/listener for privacy information.
5/9/2023 • 14 minutes, 10 seconds
In the Spotlight: How Agoda is revolutionising regional travel in the post-pandemic era
Recent insights have revealed that consumers would rather travel cheaper than stay home. With online travel experiencing a 13 percent jump from pre-pandemic figures, Asia is also leading the global shift in preference towards booking trips online.
So how is Agoda leveraging the latest technology to optimise the travel experience to meet these emerging consumer preferences?
Enric Casals, Associate Vice President, Supply, SEA and Oceania, Agoda and Director, Agoda shares more. See omnystudio.com/listener for privacy information.
5/9/2023 • 13 minutes, 23 seconds
China Perspective: Xi to host first China-Central Asia summit
From Chinese President Xi Jinping to host a two-day summit with the leaders of five Central Asian nations from May 18 to May 19 and China announcing its first known ChatGPT arrested over alleged fake train crash news.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
5/9/2023 • 8 minutes, 59 seconds
Under the Radar: Converting limited real data into limitless synthetic data - Betterdata on training AI models; Getting around data-sharing and privacy concerns; Commercialisation of synthetic data; Oversubscribed US$1.7m seed round
Generative AI has been the talk of the town in recent months with the launch of ChatGPT.
But have you ever wondered just how much data is processed for these so-called ‘AI models’ to build up their so-called ‘experience’ and provide us with the answers we want? Plus, how do AI companies get around the issue of data protection worldwide amid rising user awareness on privacy?
Well, one answer to this is the use of synthetic data that mimics real-world data without compromising quality and privacy.
Our guest for today is a Singapore-based startup Betterdata, which converts limited real data into limitless synthetic data.
The company says this is faster and safer than traditional data-sharing methods that use data anonymisation to destroy information and ensure privacy. How does this work and to what extent does it lower the costs of acquiring data to an AI firm?
Meanwhile, Betterdata has raised US$1.7 million in an oversubscribed seed round, where investors included Franklin Templeton Investments and the Singapore University of Technology and Design. But how does it intend to use the money?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Kevin Yee, Co-Founder and CTO, as well as Dr Uzair Javaid, Co-Founder and CEO at Betterdata for more.See omnystudio.com/listener for privacy information.
5/9/2023 • 20 minutes, 27 seconds
K-food: Top k-celebrity diet plans for the summer
It’s almost summer time.
Most Koreans are probably planning or already on a diet in preparation for the summer.
South Korean celebrities have their own plans they follow when they want to lose a tremendous amount of weight in a short period of time.
And so today on K-food, here are some diet plans top celebrities follow.See omnystudio.com/listener for privacy information.
5/9/2023 • 6 minutes, 24 seconds
Market View: US April inflation and monthly budget statement; Seatrium’s S$500m wind farm contracts; DBS’ additional capital requirement by MAS; Sea’s Forrest Li to hike pay by 5%; Alibaba’s Cainiao Network Technology’s US$2b HK IPO
Singapore shares opened the week higher today after global markets ended the previous week markedly higher.
The Straits Times Index (STI) rose 0.2 per cent in early trade to 3274.07 points after 81.2 million securities changed hands.
In terms of companies to watch for today, we have Seatrium, after the group announced on Friday that it has secured a contract worth more than S$500 million.
That’s to develop platforms for two offshore wind farms located off the coast of Long Island in the US.
Meanwhile, global investors continue to brace themselves for a data heavy week. April’s US inflation data will likely grab the attention of traders, as will the US monthly budget statement for April.
On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
5/8/2023 • 14 minutes, 46 seconds
Sports Minutes: Is David de Gea's time at Manchester United over?
Another day, another mistake. David de Gea has now made four errors leading to a goal in all competitions this season, the joint most of any Premier League player - the latest coming in United's 1-0 defeat to West Ham. So despite leading the charts with 15 clean sheets this season, is the Spaniard's time as United's custodian over? Fans of the club weigh in on this conversation, as Elliott and Raushan discuss the future of the under-fire goalkeeper.
Got a story to tell? Get in touch with [email protected][email protected]
See omnystudio.com/listener for privacy information.
5/8/2023 • 14 minutes, 20 seconds
In the Spotlight: How can password complacency cost you
The inception of passwords in the 1960s has changed the digital world as we know it. Passwords are now an unconscious standard practice in our lives and today they are the primary guardians of our privacy, personal data and finances.
So how can we make sure our password hygiene is up to standards?
Ian Lim, Field Chief Security Officer, JAPAC, Palo Alto Network shares some tips on how one can do just that. See omnystudio.com/listener for privacy information.
5/8/2023 • 12 minutes, 57 seconds
Washington Report: Could Trump get a pardon if convicted?
Will age be a huge factor for US President Joe Biden’s re-election bid? And the possibility of former US President Donald Trump getting a pardon if he is convicted.
Steve Okun, Senior Advisor, Mclarty Associates gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
5/8/2023 • 11 minutes, 26 seconds
Under the Radar: Mammoth meatballs - Vow on why firms are eyeing a slice of the extinct-DNA pie; Possible commercialisation of Mammoth meatballs; Patents and its impact on the cultured meat industry; Possible launch of cultivated quail meat in Singapore in 2H2023
Meatballs! That’s what we are going to talk about today. When it comes to meatballs, the first thing that comes to mind would be perhaps chicken meat balls, or those made from beef, pork, or even lamb, served in soup or with a scoop of delectable sauce.
But how about a giant meatball made from flesh cultivated using the DNA of the extinct woolly mammoth?
Well, that’s exactly what Australian cultured meat company Vow launched in The Netherlands in late March. It said the meatball was made of sheep cells inserted with a singular mammoth gene called myoglobin.
According to the company, the gene is responsible for the aroma, colour and the taste. The mammoth meatball by the way has the aroma of crocodile meat, and is currently not for consumption.
Now, Vow is not the first company that is eyeing the DNA of extinct animals. Biotechnology startup Colossal earlier wanted to de-extinct the Dodo, while others are setting their sights on mammoth proteins.
Question is - how much money is in it for firms to go the extra mile to look back into the past?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with George Peppou, Co-Founder, Vow for more. See omnystudio.com/listener for privacy information.
5/8/2023 • 16 minutes, 36 seconds
K-slang: 당모치 (dangmochi)
Today’s slang word is one for the Korean fried chicken lovers out there.
It’s '당모치' dangmochi.
If you’re craving fried chicken or if chicken is always the way to go - all you gotta do is use this slang word.See omnystudio.com/listener for privacy information.
5/8/2023 • 5 minutes, 6 seconds
Sports Minutes: 2023 SEA Games in Cambodia
With the 2023 SEA Games in full flow in Cambodia - Elliott and Raushan check-in with our man on the ground Deepanraj Ganesan, Straits Times Sports reporter to get up to speed with what's happening at the 32nd edition of the regional games.
Got a story to tell? Get in touch with [email protected][email protected] omnystudio.com/listener for privacy information.
5/5/2023 • 13 minutes, 20 seconds
Market View: US regional banks in focus; PacWest plunges 50.6%; Adidas’ Q1 sales down 1% yoy; Proposal by Ping An to split HSBC’s Asia business; Ant Group considers selling stake in HK virtual banking unit; Singapore stock market wrap; OUE C-REIT’s net property income up 18% in Q12023; AIMS APAC REIT’s DPU up 11.3% yoy
Singapore shares dipped slightly today as global markets continued reacting to the latest US Federal Reserve rate hike.
In early trade, the Straits Times Index lost 0.1 per cent, to 3,267.32 points after 33.3 million securities were traded in the broader market.
In terms of companies to watch today, we have OUE Commercial real estate investment trust, after its manager announced yesterday a net property income of S$56.6 million for the first quarter of 2023, an 18 per cent increase from the same period last year.
Elsewhere, investors continue to be laser focused on the regional banking sectors.
More notably, shares of PacWest plunged 50.6 per cent in the previous session. The bank had confirmed an earlier Reuters report that it was exploring strategic options, including a potential sale or capital raise.
On Market View, the Drive Time team discussed the latest market moves and views with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
5/5/2023 • 12 minutes, 42 seconds
Culture Club: Singapore HeritageFest 2023 celebrates 20th milestone with spotlight on our sporting and public transportation history
Singapore HeritageFest (SHF) 2023 returns with its 20th edition in May, presenting two refreshing new themes namely, Singapore’s sporting heritage, and public transportation history.
Qazim Karim, Festival Programmer, Singapore HeritageFest shares more with us on what visitors can expect from SHF 2023. See omnystudio.com/listener for privacy information.
5/5/2023 • 10 minutes, 25 seconds
In the Spotlight: Driving brand success across an entire franchise network
The Covid-19 pandemic has been challenging for many businesses, but as we move forward, data shows the franchise industry is thriving. After two years of economic uncertainty, more and more people are following their entrepreneurial dreams and taking control of their destiny through business ownership.
Choosing a franchise brand helps to alleviate some of the fears and the unknowns of starting a new concept from scratch.
Hsien Naidu, Founder and Chief Executive Officer, TreeAMS shares more with us on the franchising landscape in Singapore. See omnystudio.com/listener for privacy information.
5/5/2023 • 13 minutes, 30 seconds
Euro Watch: Sunak faces first big electoral test as PM
From UK Prime Minister Rishi Sunak facing his first big electoral test as PM in local polls and Ukrainian President Volodymyr Zelenskyy surprise visit to Finland for Nordic summit.
Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
5/5/2023 • 12 minutes, 1 second
Under the Radar: AIMS APAC REIT’s CEO on DPU rising 5.1% on-year; Record portfolio occupancy of 98% and tenant retention rate of 78.4%; Whether the Logistics and Warehouse segment will remain defensive in FY 2024
With the earnings season in full swing in Singapore, we want to turn our attention to REITs, and in particular we want to zoom in on AIMS APAC REIT, which has just announced its FY2023 results today.
Listed on the Mainboard of the Singapore Exchange since 2007, Aims APAC Reit invests in a diversified portfolio of logistics, business parks and industrial real estate across APAC, including subsegments like warehouse and hi-tech space in Singapore and Australia.
The REIT reported a 5.1% year-on-year increase in distribution per unit in FY 2023, representing a distribution yield of 7.5%.
Its net property income also surged 18.7% to S$122.5 million for the year, while portfolio occupancy stood at a record high of 98%, with a tenant retention rate of 78.4%.
AIMS APAC REIT says the numbers were driven by higher occupancy in the Logistics and Warehouse segment, which has seen double digit growth across the four quarters thanks to demand coming in from third party logistics players.
But for how long will the logistics and warehouse segments remain defensive, and how will leasing demand look like in FY2024?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Russell Ng, Chief Executive Officer, AIMS APAC REIT for more.See omnystudio.com/listener for privacy information.
5/5/2023 • 11 minutes, 54 seconds
K-drama: Meet the Korean Deadpool
There’s a new k-drama series, and it screams Korean Deadpool.
It’s called “Stealer: The Treasure Keeper.”
And it’s a new caper comic action drama in which a mysterious cultural asset thief named Skunk and an unofficial heritage redemption team known as Team Karma collaborate to fight against those who cannot be judged by the law. See omnystudio.com/listener for privacy information.
5/5/2023 • 5 minutes, 17 seconds
Sports Minutes: Erling Haaland breaks Premier League goals record
Erling Haaland has broken the Premier League record for goals in a season - notching his 35th goal in 34 games to go one clear of Andy Cole and Alan Shearer, whose 34-goal tallies had come in a 42-match campaign. So is Haaland the greatest goalscorer the league has seen? And will he lead Manchester City to total dominance?
Got a story to tell? Get in touch with [email protected][email protected] omnystudio.com/listener for privacy information.
5/4/2023 • 13 minutes
Market View: US Fed hikes rates by 25bps; Democrats vs Republicans over US debt ceiling; STI close; Frasers Logistics & Commercial Trust’s DPU down 8.6% yoy; Lian Beng’s privatisation offer
Singapore shares dipped slightly in early trade today following confirmation of a 25 basis point Fed rate hike.
In early trade, the Straits Times Index (STI) lost 0.1 per cent, to 3,257.8 points after 55.3 million securities were traded in the broader market.
In terms of companies to watch, we have Frasers Logistics & Commercial Trust, after its manager announced a distribution per unit of S$0.0352 (3.52 Singapore cents) for the first half of FY2023, representing an 8.6 per cent year-on-year decline.
Meanwhile, the Federal Reserve soured the mood on Wall Street in the previous session by raising rates. Also weighing on investors are fears that US officials may fail to reach a deal on raising the US debt ceiling, triggering a damaging default as early as next month.
On Market View, the Drive Time team dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
5/4/2023 • 12 minutes, 7 seconds
Culture Club: Creating sustainable food packaging products, behind the scenes
Our next guest, sustainable packaging firm TRIA (pron as it is) together with KFC Singapore, has launched the world’s first closed-loop single-use packaging solution through a pilot programme in September last year.
And their initiative aims to catalyse circularity in the F&B industry. But what goes behind the scenes when producing a sustainable food packaging product?
Lin Qing Yao, Senior Operations Manager, TRIA shares more with us.See omnystudio.com/listener for privacy information.
5/4/2023 • 11 minutes, 44 seconds
Under the Radar: Lamborghini’s on its new Revuelto supercars; On 2022 being its record breaking year; Demand for trophy cars among the wealthy; Asia as a key market and China as a wild card
Supercars are on our agenda today, and this time, we want to talk about luxury car brand Lamborghini and its new hybrid model, the Revuelto.
Priced at around US$600,000, the Revuelto is Lamborghini’s first ever plug-in hybrid.
The model, which was launched just back in March, already has a waiting list and two years worth of orders by mid-April, signalling the strength of the wealthy consumer amid a global economic slowdown.
But what will the rollout of the model look like with production scheduled to start in the second half of this year and delivery to the US to begin in the fourth quarter?
Meanwhile, Automobili Lamborghini also reported a record breaking year for 2022. The company saw its best sales figure and delivered 9,233 cars worldwide - a 10 per cent increase over the previous year.
To what extent was this contributed by Asia and to what extent is the Chinese market a wild card?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Francesco Scardaoni, Region Director for Automobili Lamborghini Asia Pacific. See omnystudio.com/listener for privacy information.
5/4/2023 • 24 minutes, 24 seconds
K-influencer: David Yong - CEO, businessman, lawyer by day, K-Pop artist by night
He is a man with many talents - a man with many hats. He’s a multinational businessman & CEO Influencer, venture capitalist, lawyer, and a K-Pop artist.
He’s David Yong.
And he has just released his newest Single - “Maybe Love” - and this is a collaboration with Moonbyul from MAMAMOO.
On K-influencers today, David Yong joins Hongbin Jeong to dive in further about his journey as a K-pop star, working in the Kpop industry as well as working with Moonbyul for his latest single.
See omnystudio.com/listener for privacy information.
5/4/2023 • 14 minutes, 53 seconds
Market View: Keppel Corp’s reorganisation, to scale AUM to S$200b by 2030; Dyson’s new battery plant in Singapore; Jacky Cheung and UnUsUaL Limited’s shares; Google and Microsoft CEOs to meet with US top officials
Singapore shares opened markedly lower today, tracking overnight losses on Wall Street and Europe.
The Straits Times Index shed 0.7 per cent to 3,260.77 points in early trade after 59.3 million securities changed hands in the broader market.
In terms of companies to watch, we have for you Keppel Corporation, after the group said it will undergo a reorganisation. that will remove its conglomerate structure in favour of one which comprises fund management, investment and operating platforms.
Meanwhile, investors continue to keep their eyes peeled on the US Federal Reserve’s latest policy meeting.
The technology sector is also in focus with the chief executives of Alphabet’s Google and Microsoft, Open AI and Anthropic set to meet Vice President Kamala Harris and top administration officials to discuss key issues surrounding artificial intelligence.
On Market View, the Drive Time team unpacked some of these developments on the show today.See omnystudio.com/listener for privacy information.
5/3/2023 • 11 minutes, 39 seconds
Sports Minutes: Does age matter for football managers?
With 75-year old Roy Hodgson making a big impression since being re-appointed at Crystal Palace, and 68-year old Sam Allardyce rumoured to be in line for a shock return to Premier League management - Elliott and Raushan ponder if age matters at all for football managers. What do you think?
Got a story to tell? Get in touch with [email protected][email protected] omnystudio.com/listener for privacy information.
Escape indoors into Raffles City and cool down with Spanish painter Sergi Cadenas’ first overseas exhibition since the onset of the pandemic!
Taking centre stage are his signature masterpieces on which Sergi has made his name; kinetic optical portraits that unveil two different faces in one painting when seen from different angles.
Sergi Cadenas, Artist, Represented by Singapore art gallery - Ode To Art tells us more on what to expect from his first overseas exhibition. See omnystudio.com/listener for privacy information.
5/3/2023 • 7 minutes, 38 seconds
Regional Roundup: Anwar unconcerned with alleged plots to topple government
From Malaysian Prime Minister Anwar Ibrahim acknowledging that there are parties plotting to topple his administration and the EU and US warning Malaysia of security risk in Huawei's bid for 5G role.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines. See omnystudio.com/listener for privacy information.
5/3/2023 • 6 minutes, 16 seconds
Under the Radar: Ridehailing app TADA on competing with incumbents; Partnership with foodpanda to offer new user benefits for customers in Asia; Potential to become a superapp
Whether you’re heading out for work or leisure, ride hailing has become one of the most common modes of transportation these days.
Besides tech giants Grab and Gojek, we want to talk about a newer player on the block that has been gaining prominence in Southeast Asia - TADA.
Launched in Singapore in 2018, TADA is the world’s first blockchain-based zero-commission ride hailing application, where its key mobility data such as transactions, movements, and the maintenance of people and vehicles are recorded in a single Mass Vehicle Ledge or MVL ecosystem.
The company further expanded into Cambodia in the same year, before setting foot into Ho Chi Minh City in Vietnam. But how does the company’s blockchain based application help it differentiate itself against major incumbents in the ride hailing industry?
More recently, TADA has entered into a strategic partnership with foodpanda to introduce new user benefits for customers in Asia, starting with Singapore and Cambodia. What does this partnership mean for TADA as it positions itself for future growth?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Jonathan Chua, Regional General Manager, TADA Mobility (Singapore) for more. See omnystudio.com/listener for privacy information.
5/3/2023 • 16 minutes, 13 seconds
K-food: What to order on k-food delivery apps
Korea is known for its efficient and fast delivery food service.
You can order anything from chicken wings and burgers to rice noodles and kimchi jjigae.
On K-food today - I’ll tell you all the top foods South Koreans order on these delivery apps - so the next time you’re in South Korea, and you don’t want to leave your hotel room or your airbnb- you can just order like the Koreans.See omnystudio.com/listener for privacy information.
5/3/2023 • 6 minutes, 16 seconds
Sports Minutes: Singapore’s most senior female athlete at the 2023 SEA Games
Aged 52, Phua Min Tze is Team Singapore’s most senior female athlete at the 2023 SEA Games in Cambodia - two decades since she first represented the flag. Proving that age is certainly no barrier, Min Tze tells Elliott and Raushan about her journey and juggling act - between being the head of investment & asset management and a part of the national indoor hockey team.
READ MORE:https://www.straitstimes.com/sport/first-sea-games-in-two-decades-for-52-year-old-indoor-hockey-player
Got a story to tell? Get in touch with [email protected][email protected] omnystudio.com/listener for privacy information.
5/2/2023 • 10 minutes, 55 seconds
Market View: JP Morgan Chase’s takeover of First Republic Bank; US Fed’s interest rate decision; Bumper profits from HSBC; DBS posting 43% yoy gain in Q1 net profits; PropNex shares fall some 15% from previous week’s highs; Wilmar International, Sheng Siong and Micro Mechanics’ earnings
Singapore shares rose this morning after the Labour Day holiday, mirroring gains in Europe.
In early trade, the Straits Times Index (STI) rose 0.5 per cent to 3,287.75 points after 56.2 million securities changed hands in the broader market.
In terms of companies to watch today, DBS, after the lender posted a 43 per cent gain in net profit to S$2.6 billion for the quarter ended March, on higher interest rates, sustained business momentum and resilient asset quality.
Elsewhere, investors continue to digest the takeover of First Republic Bank by JP Morgan Chase as they remain laser focused on the Federal Reserve’s interest rate decision due mid-week.
On Market View, the Drive Time team sat down with Matthias Chan, Head of Research at SAC Capital for more. See omnystudio.com/listener for privacy information.
5/2/2023 • 7 minutes, 50 seconds
Culture Club: How investing in emerging markets can change the world
Startup investing is potentially lucrative, but it is important to understand that it comes with big risks. Seedstars is an investment holding on a mission to impact people’s lives in emerging markets through technology and entrepreneurship.
Alisee de Tonnac, CEO, Seedstars shares more about her company and the progress in the startup ecosystem within the region. See omnystudio.com/listener for privacy information.
5/2/2023 • 13 minutes, 3 seconds
In the Spotlight: Out-of-court workout, meaning of such a workout and how it can be executed
Singapore Academy of Law has recently launched a free guide that can help businesses facing financial distress more effectively adopt a cheaper and quicker debt restructuring tool known as an out-of-court workout.
Sim Kwan Kiat, Head, Restructuring and Insolvency Practice, Rajah & Tann Singapore LLP shares more about the guide and how out-of-court workout might be better than the other tools available. See omnystudio.com/listener for privacy information.
5/2/2023 • 13 minutes, 5 seconds
China Perspective: China revises conscription law, what does this mean?
From China revising their conscription law to the country increasingly barring people from leaving, including foreign executives.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
5/2/2023 • 8 minutes
Under the Radar: The role of Generative AI on drug discovery – Insilico Medicine’s CEO on positioning against large pharma players; Global market for AI enabled drug discovery to grow at a CAGR of 26.3%; Collaboration with Sanofi worth up to US$1.2b
From content writing, to providing human-like responses in chatbots, and to even coding. Generative AI has made its potential known to the world with the introduction of ChatGPT.
But besides, did you know that generative AI can be used in the process of drug discovery as well?
Today we speak with Insilico Medicine, a clinical stage AI driven drug discovery company that is delivering breakthrough solutions to discover and develop medicines in areas such as cancer, immunity and ageing.
The company was selected by NVIDIA as one of the top 5 AI companies for its potential for social impact back in 2017. But how does it work, and what does a new drug discovery mean for the company?
Separately, Insilico Medicine had also signed a strategic research collaboration with pharmaceutical giant Sanofi in a deal worth up to US$1.2 billion last November. So, what is the status right now?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Dr Alex Zhavoronkov, CEO of Insilico Medicine. See omnystudio.com/listener for privacy information.
5/2/2023 • 28 minutes, 39 seconds
K-slang: 갓생 (godsaeng)
Today’s slang word is one of Gen Z’s favourite word.It's a word they live by - or strive to at least.
It’s 갓생 (godsaeng). See omnystudio.com/listener for privacy information.
5/2/2023 • 5 minutes, 20 seconds
Market View: Singapore’s ABSD hike and property stocks; DPU of S-REITS; Singtel combining consumer and enterprise business in Singapore; Amazon’s shares surged amid earnings beat; Meta’s Mark Zuckerberg’s wealth soared over US$10b
Singapore shares fell this morning, despite gains in global markets overnight.
In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,279.49 points after 89.3 million securities changed hands in the broader market.
In terms of companies to watch today, we have Singtel, after the telco announced yesterday that it will be combining its consumer and enterprise business in Singapore into a singular operating company from June.
Meanwhile, property stocks continue to be in focus as investors mull the impact of the latest hikes in Additional Buyers’ Stamp Duty on homebuyers.
And not to mention - the number of S-REITS reporting their distribution per unit figures for the latest quarter ended March.
My Drive Time colleagues and I discussed the latest market moves and views with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
4/28/2023 • 13 minutes, 53 seconds
Sports Minutes: The Lion City welcomes LIV Golf!
Singapore plays host to golfing royalty this weekend, as LIV Golf arrives to the Lion City. For those of you unaware, LIV Golf features 54-hole competitions, which includes 48 players competing in 12 teams of four with shotgun starts. And that's just the tip of the iceberg!
We check in with Vicky Jones, Championship Director of LIV Golf to find out what fan cans expect this weekend at the Serapong Golf Club in Sentosa.
Got a story to tell? Get in touch with [email protected][email protected] See omnystudio.com/listener for privacy information.
4/28/2023 • 13 minutes, 37 seconds
Culture Club: Run to raise awareness of cleanliness and sanitation
Sanitation is a basic human right.
Yet, while Singaporeans enjoy easy access to clean water every day, 1 in 3 people in the world does not have a clean, safe toilet.
Strap on your shoes next weekend and join ‘The Urgent Run’ Singapore at Marina Bay Events Square.
Find out about the event and more with Jack Sim (aka Mr Toilet), Founder, the World Toilet Organization.See omnystudio.com/listener for privacy information.
4/28/2023 • 13 minutes, 46 seconds
In the Spotlight: Singapore-based Web3 startup memotics unveils virtual platform for innovative e-learning
What do you think are some of the biggest issues with people adopting the metaverse?
Are the current stock of metaverses lacking the ability to create and develop strong bonds on platforms, especially between Web3 newcomers and veterans?
Alan Kueh, Co-Founder, Memotics tells us about his platform and more.See omnystudio.com/listener for privacy information.
As announced late on Wednesday night, foreigners buying any residential property in Singapore from yesterday (April 27) will have to pay an additional buyer’s stamp duty (ABSD) of 60 percent after it was doubled from 30 percent.
While Singaporeans buying their second residential property will pay an ABSD rate of 20 percent, up from 17 percent, while those buying their third and subsequent residential property will have to pay an increased rate of 30 percent, up from 25 percent.
Dr Lee Nai Jia, Head of Real Estate Intelligence, Data and Software Solutions, PropertyGuru Group shares his analysis and more.See omnystudio.com/listener for privacy information.
4/28/2023 • 12 minutes, 25 seconds
Under the Radar: Unilever Food Solutions’ secret sauce to bounce back after business dropped 70% overnight during the pandemic; Unilever’s latest results and the impact of inflation on business; Unilever Food Solutions’ First Menu Trends and new product offerings
Today we speak to one of the world’s largest fast moving consumer goods companies Unilever.
While we may be fairly familiar with Unilever, our guest for today is Unilever Food Solutions, which is the dedicated professional foodservice business of Unilever operating in 76 countries around the world.
But how does Unilever Food Solutions fit in the bigger picture for the FMCG giant? Also, what does Unilever’s latest quarterly sales amid rising inflation mean for the subsidiary?
Aside from that, we also want to take a look at Unilever Food Solutions’ recent First Menu Trends report, and what the findings mean for the subsidiary’s product offerings in future.
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Angeline Tan, Head of Country, Unilever Food Solutions (Singapore) for more.See omnystudio.com/listener for privacy information.
4/28/2023 • 17 minutes, 51 seconds
K-food: The stirring and mixing is back with a new version of Dalgona
There’s now a new Dalgona dessert trend that’s taken South Koreans by storm.
And it’s called the Adamamma dalgona, also known as Japanese Dalgona Karumeyaki. If those of you that are wondering, Karumeyaki is Honeycomb toffee or honeycomb candy, a sugary toffee with a light, rigid, sponge-like texture.It’s gotten popular in Korea because it’s really a hit or miss - you can get it right the first time, but most probably you’d fail miserably several times before getting it right. And I’ll tell you how you can make this yourself - the right way.See omnystudio.com/listener for privacy information.
4/28/2023 • 5 minutes, 27 seconds
K-movie: The mother with a killer instinct, Kill Boksoon
If Hollywood has John Wick - South Korea has JEON Wick.
It’s K-MOVIE on today’s episode, and I’ll be talking about the latest new Korean movie out on Netflix - called Kill Boksoon.
If you haven’t seen it yet, it’s about the pressures of balancing work and motherhood.
But in this case - the mom - is a world-class assassin.
So is being an assassin harder or being a mom harder?See omnystudio.com/listener for privacy information.
4/27/2023 • 6 minutes, 14 seconds
Market View: Singapore hikes ABSD for residential properties; UOB’s net profit up 67% yoy; CDL, UOL Group, GuocoLand and Oxley Holdings stocks tumble; NASDAQ gained on Meta’s earnings beat
Singapore shares fell this morning, following hikes in Additional Buyer Stamp Duty (ABSD) rates for residential properties.
In early trade, the Straits Times Index (STI) fell 0.5 per cent to 3,276.95 points after 101.5 million securities changed hands in the broader market.
In terms of companies to watch, we have UOB, after the bank reported net profit of S$1.5 billion for the first quarter ended March, up 67 per cent from Q1 2022.
Meanwhile, investors in Singapore are also tracking property counters, which were largely in the red after authorities raised the ABSD rate for foreigners buying any residential property from 30 per cent to 60 per cent – the highest increase.
The rate will be raised from 17 per cent to 20 per cent for Singapore citizens buying their second residential property, and from 25 per cent to 30 per cent for those buying their third and subsequent property.
On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
4/27/2023 • 13 minutes, 42 seconds
Sports Minutes: 2023 SEA Games - What can we expect?
Cambodia takes centre stage as host of the 2023 SEA Games. What ca we expect, and what how will Team Singapore fare? Straits Times Sports reporter Deepanraj Ganesan weighs in to tell us more.
Got a story to tell? Get in touch with [email protected][email protected] See omnystudio.com/listener for privacy information.
4/27/2023 • 12 minutes, 54 seconds
Culture Club: Recreating luxury desserts
What if we told you that you can have a taste of fine dining desserts for less than S$7?
And that it packs high quality ingredients in the same elegant bite-sized portion, so you can have it on the go?
Huang Yen Kun, Founder, Mr. Kun Lava Cookie Ball tells us more about this dessert ball and his experience creating it.See omnystudio.com/listener for privacy information.
4/27/2023 • 9 minutes, 51 seconds
In the Spotlight: Celebrating the Solar New Year 2023 at Haw Par Villa
The Solar New Year is a festival observed by many South and Southeast Asian communities.
This year, Haw Par Villa’s management team, Journeys, will bring them together in one place to share and celebrate their culture and heritage through a variety of programmes.
Visitors can expect a colourful bazaar, free music and dance performances, workshops and an exhibition introducing the concept of calendars and the Solar New Year.
Savita Kashyap, Executive Director, Journeys shares on what more visitors can expect from this event. See omnystudio.com/listener for privacy information.
4/27/2023 • 13 minutes, 21 seconds
Under the Radar: Opportunities in the offshore renewable energy market - G8’s founder on its reliance on overseas projects; Opportunities in South Korea, Ghana and India; It’s projected 5-year revenue CAGR of 76%; Possible NASDAQ IPO this year
Founded in 2015, G8 is a Singapore headquartered company that develops and constructs renewable energy projects across the globe.
It also uses its expertise in subsea cable and engineering technologies to develop solutions that effectively connect large offshore wind turbines and floating solar systems to land.
The group currently has over 3GW of renewable energy and subsea transmission projects under Asia and provides specialised engineering services to leading contractors, governments, utility companies and project developers to accelerate renewable energy developments around the world.
With most of G8’s operations and projects located overseas in countries such as South Korea, the company is now setting its sights in West Africa. But really what are the opportunities there and how does G8 assess its reliance on overseas projects?
Also, the firm said last year that it plans to explore a NASDAQ listing this year, but to what extent can we expect that to happen amid the current economic climate?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Gerald Tan, Founder and Managing Director, G8.See omnystudio.com/listener for privacy information.
4/27/2023 • 17 minutes, 24 seconds
Euro Watch: Ukranian and Chinese presidents hold first phone call since Russian invasion
From details of Ukraine's President Volodymyr Zelensky phone conversation with Chinese President Xi Jinping to Bank of England's top economist, Huw Pill saying that people in the UK need to accept that they are poorer otherwise prices will continue to rise.
Dr Samir Puri, Visiting Lecturer in War Studies at King's College London and author of 'Russia's Road to War with Ukraine' shares his analysis on these headlines and more.See omnystudio.com/listener for privacy information.
4/27/2023 • 11 minutes, 10 seconds
Sports Minutes: Salary cap for footballers?
With UEFA President Aleksander Ceferin mooting the possibility of a salary cap in European football, Elliott and Raushan weigh out the merit of this proposal - and question if the essence of sport is being lost in pursuit of financial gains?
Got a story to tell? Get in touch with [email protected][email protected] See omnystudio.com/listener for privacy information.
4/26/2023 • 12 minutes, 3 seconds
Culture Club: Museum of Ice Cream launches Singapore's first official dessert guidebook
The Museum of Ice Cream has recently launched Singapore’s first ever official guidebook for desserts as part of Singapore Tourism Board’s SingapoReimagine Marketing Programme.
As the first ever official guidebook to desserts in Singapore, Sweet Spots will be the comprehensive dessert guide that is representative of Singapore’s diverse culinary landscape.
Pirakash T, Head of Asia Pacific for Figure8 & Museum of Ice Cream tells us more about this campaign and their experience being part of STB’s SingapoReimagine Marketing Programme.See omnystudio.com/listener for privacy information.
4/26/2023 • 12 minutes, 30 seconds
Market View: Microsoft and Alphabet’s results top estimates; Alibaba’s cloud computing division slashes prices by up to half; MAS’ half-yearly macroeconomic review; Suntec REIT’s DPU down 27.4% yoy
Singapore shares fell this morning, mirroring losses in global markets.
In early trade, the Straits Times Index (STI) fell 0.2 per cent to 3,291.7 points after 40.9 million securities changed hands in the broader market.
In terms of companies to watch, we have for you Suntec Real Estate Investment Trust, after the Reit posted a distribution per unit (DPU) of S$0.01737 (1.73 Singapore cents) for the first quarter of 2023, a 27.4 per cent decline from the same period a year ago.
Meanwhile, mixed earnings reports in the US continue to weigh on investors though we saw promising earnings from Microsoft and Alphabet after markets closed.
On Market View, the Drive Time team unpacked these developments with Carmen Lee, Head of OCBC Investment Research.See omnystudio.com/listener for privacy information.
4/26/2023 • 10 minutes, 32 seconds
Regional Roundup: ASEAN's waning control over Myanmar crisis
From Asean risking losing its grip on the Myanmar crisis to the heatwave hitting the region.
Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs gives us an analysis of those headlines and more.See omnystudio.com/listener for privacy information.
4/26/2023 • 14 minutes, 41 seconds
In the Spotlight: The growing threat of synthetic media
The theft of $35 million using deepfake voice technology to emulate the voice of a UAE bank executive in 2021 has reinforced the threat posed by deepfakes.
So, seeing is no longer believing as AI-powered tech provides cybercriminals with a sophisticated way to carry out cyberattacks, identity fraud, and other scams.
How can organisations safeguard themselves against deep fake fraud and minimise the impact of future identity-based attacks?
David Chan, Managing Director, Singapore, Adnovum shares on how you can protect yourselves from this AI facade and more.See omnystudio.com/listener for privacy information.
4/26/2023 • 10 minutes, 46 seconds
Under the Radar: Qraft Technologies’ APAC CEO on its AI powered model that captures patterns in the stock market that signals M&A, earnings shocks or FDA drug approvals; Softbank’s US$146m Series C investment
Artificial Intelligence could help you plan your travel itinerary, come up with recipes.
But what about an AI-powered model that could capture patterns in the stock and options market that signals M&A, earnings shocks or FDA drug approvals?
Well, today we’re going to talk to the fintech company behind this AI model.
Founded in 2016, Qraft Technologies provides its AI models to banks, asset managers and insurance companies for them to launch investment products under their brands.
More famously, the company was known for raising US$146 million in Series C investment from SoftBank Group, the largest funding from the VC in a Korean enterprise after e-commerce giant Coupang.
But how does this work, what are the intricacies involved in operating an AI fintech company? Also, where will the US and South Korea focused company expand into next?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Francis Oh, CEO, Qraft Technologies APAC for more.See omnystudio.com/listener for privacy information.
4/26/2023 • 13 minutes, 42 seconds
K-slang: 오운완 (ohwoonwan)
We’ve all been there – when we go to the gym - it’s no pics or it didn’t happen. We’ve all taken selfies at the gym - especially a mirror selfie.
Whether it’s a progress shot, or a pic for your Insta story - to tell your followers - "Hey, I gym bro."
And the common hashtags we see a long with that photo is either - #gainz, #mondaychestday or #nopainnogainBut in South Korea - it’s a simple three letter word.
It’s K-slang of the week, on today’s episode we take on 오운완 (ohwoonwan).See omnystudio.com/listener for privacy information.
4/26/2023 • 7 minutes, 31 seconds
Market View: Netflix’s US$2.5b investment in South Korea; Deepening selloff in Chinese equities; Developments from CapitaLand China Trust and Dasin Retail Trust; South Korea’s better-than-expected economic growth in Q1
Singapore shares fell this morning after global markets closed mixed or flat overnight.
In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,322.83 points after 41.1 million securities changed hands in the broader market.
Some notable names seeing new developments include CapitaLand China Trust, after the trust posted a 1.6 per cent dip in net property income to 339.1 million yuan (S$65.5 million) for the first quarter of FY2023.
Meanwhile, a busy day for Asia which saw a deepening selloff in Chinese equities, and Netflix announcing plans to invest up to US$2.5 billion in South Korea over four years to produce Korean TV series, double the firm has invested in the market since 2016.
On Market View, the Drive Time team unpacked these developments with Robert St Clair, Managing Director and Strategist, Fullerton Fund Management.See omnystudio.com/listener for privacy information.
4/25/2023 • 10 minutes, 34 seconds
Sports Minutes: The curious case of Tottenham Hotspur
With Tottenham's season taking another turn for the worst - after the sacking of interim manager Cristian Stellini and Ryan Mason being put in charge till the end of the season - Elliot and Raushan ponder on who is to blame for the state of affairs at Spurs?
Got a story to tell? Get in touch with [email protected][email protected] See omnystudio.com/listener for privacy information.
4/25/2023 • 14 minutes, 45 seconds
In the Spotlight: Pokemon takes over Singapore's cable cars
Gotta catch 'em all! The cable car cabins overhead have gotten a makeover.
Pokémon is taking over the Singapore cable car from 1st May to 30th September 2023 to celebrate its 50th anniversary.
Tracy Lui, Senior Assistant Director, Marketing & Communications, Mount Faber Leisure Group shares more on the collaboration and more.See omnystudio.com/listener for privacy information.
4/25/2023 • 13 minutes, 22 seconds
Under the Radar: Singapore-based haute perfumery brand Maison 21G’s on its rapid expansion and growth; On competing against Chanel, Christian Dior and Jo Malone
It is all about perfumes and fragrances today. And on that note, we want to bring you an inside look into a Singapore-based haute perfumery brand called Maison 21G.
Founded in 2020, Maison 21G aims to make personalised perfumery accessible for all. The company says it is the first collaborative perfumery house for the luxury lifestyle generation, who wants to stand out from everyday common scents. But what does this mean?
And of course, we can’t escape from talking about business models, and dollars and cents. The company achieved US$3 million in revenue in 2021 and said it is the number four brand in perfumery in Singapore behind players such as Chanel, Christian Dior and Jo Malone.
It closed its series A funding last April to expand the company’s footprint and reach within Asia and also in the Middle East, and grow the team. But what is the status right now?
On Under the Radar, finance presenter Chua Tian Tian posed these questions to Johanna Monange, Founder & CEO, Maison 21G.See omnystudio.com/listener for privacy information.
4/25/2023 • 20 minutes, 17 seconds
China Perspective: Guatemalan president reinforces diplomatic ties with Taiwan amid China's opposition
In focus this Guatemalan President Alejandro Giammattei's visit to Taiwan, to reinforce relations with the island to China’s Vice-Foreign Minister lodging solemn representations with the South Korean Ambassador.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs discusses on these headlines and more.See omnystudio.com/listener for privacy information.
4/25/2023 • 10 minutes, 43 seconds
Your Health: Possible ways to protect yourself against pneumonia
Pneumonia is a respiratory disease that affects millions worldwide.
How are certain people more susceptible to the disease and what are some of the risk factors associated with the disease?
Dr Edwin Chng, Medical Director, Parkway Shenton shares more on his expertise on the topic.See omnystudio.com/listener for privacy information.
4/25/2023 • 8 minutes, 43 seconds
K-influencer: Behind all the romance of K-drama & K-pop - the "True Crimes of Asia"
The Straits Times has released a new podcast series.
It’s a 6-part series that explores the recent true crimes that gripped those in Asia. And this new podcast aims to expose the dark side of societies.
It’s called True Crimes Of Asia.
And the first episode - takes place in South Korea. It takes us back to 2019, when the nation was taken aback by the shocking news of a criminal case that trapped girls in a digital prison.
On K-influencer -
Ernest Luis, Podcast Editor of The Straits Times, Tan Tam Mei, Executive Producer for True Crimes of Asia, and Chang May Choon, The Straits Times South Korea Correspondent joins this episode to tell us more about the series.
If you want to listen to this new podcast series-
access these episodes when you search True Crimes of Asia either on Apple Podcasts, Spotify or Google Podcasts.
Episodes drop every fourth Tuesday of the month from today.
Get notifications of new episodes on your favourite audio apps - Apple Podcasts, Spotify or Google Podcasts - when you follow ST’s True Crimes Of Asia.See omnystudio.com/listener for privacy information.
4/25/2023 • 22 minutes, 28 seconds
Market View: Singapore’s core inflation down to 5% yoy in March; BOJ Ueda’s first policy meeting; LVMH surpasses US$500b in market value;US earnings in full swing; Expectations for Microsoft, Amazon, Meta, Alphabet and Impact of layoffs on balance sheets
Singapore shares fell this morning despite gains in US and Europe markets.
In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,317.69 points after 17.8 million securities changed hands in the broader market.
In terms of developments to watch for today, Singapore’s headline inflation fell to 5.5 per cent on-year in March, down from 6.3 per cent in February as expected by economists in a Bloomberg poll.
Core inflation meanwhile, also dialled back to 5 per cent on the year in March, down from 5.5 per cent in February.
Elsewhere investors continue to await first quarter earnings from a number of high profile companies including Alphabet, Microsoft, Amazon and Meta. But what is the outlook for the US tech sector after the series of layoffs we saw for the good part of this year?
On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
4/24/2023 • 12 minutes, 37 seconds
Sports Minutes: Will Manchester United deny Manchester City the treble?
With the two Manchester clubs set to go head-to-head for the FA Cup final in June at Wembley, Elliott and Raushan wonder if United will be the team to deny City a historic treble. Wrexham are also in the news having secured promotion to the National Football League, is there a more 'feel good' story in football at the moment?
Got a story to tell? Get in touch with [email protected][email protected] See omnystudio.com/listener for privacy information.
4/24/2023 • 15 minutes, 1 second
Culture Club: Embracing and exploring diverse perspectives through SIFA 2023
The Singapore International Festival of Arts (SIFA) is back for its 45th edition, showcasing a diverse array of local and international arts and culture performances.
Natalie Hennedige, Festival Director, Singapore International Festival of Arts shares an overview of what to this year's festival.See omnystudio.com/listener for privacy information.
4/24/2023 • 12 minutes, 43 seconds
Washington Report: US and France react to conflict in Sudan
In the wake of ongoing conflict and violence between rival forces in Sudan, the United States and France have commenced the evacuation of their citizens and embassy staff.
As tensions escalate, questions arise as what steps the United States may take in response.
Pushan Dutt, Professor of Economics, INSEAD discusses the situation and more.See omnystudio.com/listener for privacy information.
4/24/2023 • 12 minutes, 34 seconds
Under the Radar: Where is Nokia now? - Nokia’s focus on telecommunications infrastructure; Its first brand refresh in 60 years; On smartphones becoming extinct by 2030 with 6G and staying ahead of technological disruption
Today we want to talk about a Finnish tech company that will take you back to the days without smartphones and tablets.
You might have guessed it already - yes - we are talking about Nokia.
Founded in 1865, Nokia is a B2B technology innovation leader in networking, bringing together the world’s people, machines and devices to realise the potential of digital in every industry.
It was also once a legendary phone maker, having commanded an over 40 per cent global market share in mobile phones at its peak. That is before smartphone makers Apple and Samsung came into picture in the late 2000s and early 2010s.
To make a long story short, the company eventually sold its handset and services business to Microsoft in 2013. What does this mean for Nokia in terms of its priorities then?
And as the company prepares itself for further technological disruption, its CEO Pekka Lundmark predicts smartphones would become extinct by 2030 with the invent of 6G. Why is this the case, and how does this influence the way the company positions itself for the future?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Daniel Jaeger, Head of Southeast Asia, Nokia to find out all about Nokia’s plans ahead.See omnystudio.com/listener for privacy information.
4/24/2023 • 19 minutes, 17 seconds
In the Spotlight: Navigating the social media shopping boom
In today's digital age, social media shopping is on the rise, with more consumers turning to platforms like Instagram and Tiktok to purchase products directly from brands.
How can local brands keep up and adapt to the current market?
Asnawi Jufrie, Regional General Manager, Southeast Asia, SleekFlow expands on this topic and more.See omnystudio.com/listener for privacy information.
4/24/2023 • 13 minutes, 54 seconds
K-pop: SUGA: Road to D-Day
BTS member Suga has recently released his solo album - D-Day.
He’s come to a full circle on his liberating debut studio album, bringing his Agust D chapter to a close with thought-provoking social commentary and personal reflection.
The 10-track studio set kicked started with collaboration with IU - “People Pt.2” as its lead single and also contains the title track, Haegeum,” “HUH?!”, “Amygdala,” “Interlude: Dawn,” “Snooze” and more.
And all this is documented.
The album has been released along with a companion documentary that follows the K-pop idol through the process of creating and recording the studio set.
It’s a look into his road … to D-day.
Credits: Soundbites from: SUGA: Road to D-DAY | Official Trailer | Disney+ - @disneyplus, YouTubeSUGA: Road To D-DAY | Official Trailer | Disney+ - @disneyplus, YouTubeD-Day - SUGA - Topic, YouTubeAMYGDALA - SUGA - Topic, YouTubeAgust D '해금 (Haegeum)' Live Clip (full ver.) | SUGA: Road to D-DAY - @BTS, YouTubeAgust D 'People Pt.2 (feat. IU)' Official MV - @HYBELABELS, YouTubeSee omnystudio.com/listener for privacy information.
4/24/2023 • 6 minutes, 52 seconds
Sports Minutes: Would you rather, football fans edition!
Elliott and Raushan play decision makers for a day, playing a game of 'would you rather?' for the Premier League's perennial top six clubs. What would you do? Tell us!
Got a story to tell? Get in touch with [email protected][email protected] See omnystudio.com/listener for privacy information.
4/21/2023 • 15 minutes, 57 seconds
Market View: US labour market softening; Tesla hiking prices again; Outlook for US carmakers amid price war; Deposit flight out of US regional lenders; Keppel Corp’s 9% yoy revenue increase
Singapore shares fell this morning after global markets closed lower overnight.
In early trade, the Straits Times Index (STI) fell 0.2 per cent to 3,307.75 points after 36.2 million securities changed hands in the broader market.
In terms of companies to watch today, we have Keppel Corporation, after the global asset manager and operator posted a 9 per cent on-year rise in its revenue to S$2.3 billion for its first quarter ended March.
Elsewhere, data out of the US showed the number of Americans filing new claims for unemployment benefits rose moderately last week, suggesting that the country’s labour market is softening. How worried should we be at this point in time?
And in company news, shares of US regional lenders fell in the previous session amid a deposit flight, while carmakers tumbled due to concerns about a possible price war.
On Market View, the Drive Time team discussed the latest market moves and views with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
4/21/2023 • 12 minutes, 26 seconds
Under the Radar: Building an unbroken cold chain within ASEAN - Commonwealth Kokubu Logistics on its $200m food logistics facilities in Singapore; Opportunities amid rising demand for imported perishables
Building an unbroken cold chain within ASEAN. That’s become increasingly important as rising demand for perishables drive the need for cold storage to extend the shelf life of food items.
Our guest for today Commonwealth Kokubu Logistics does just that. Founded in 2018, Commonwealth Kokubu Logistics, is a joint venture between Commonwealth Capital - that’s the company behind F&B brands such as Pastamania, Swissbake and The Soup Spoon - along with Japanese F&B distribution giant Kokubu Group.
The company aims to provide end-to-end supply chain solutions to food retailers, ranging from warehousing, distribution and supply chain management.
It is currently in the process of setting up a S$200 million food logistics facility in Singapore. But what are the opportunities for cold storage facilities, and how does the JV fit in Commonwealth Capital’s business?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Daniel Tan, Managing Director, Commonwealth Kokubu Logistics.See omnystudio.com/listener for privacy information.
4/21/2023 • 15 minutes, 2 seconds
Your Health: Understanding the impact of quality rest
Do you struggle to fall asleep or often wake up still feeling tired?
From early birds to night owls, uncover the importance of quality sleep and how it can affect our productivity, mood and overall quality of life.
Justin Leong, President, Asia and Latin America, ResMed shares about his research and more.See omnystudio.com/listener for privacy information.
4/21/2023 • 9 minutes, 5 seconds
K-food: How to best enjoy the hot fiery Buldak
If you love spicy food - you probably have already heard of Buldak, or more specifically Buldak ramen, made famous by popular Korean brand Samyang.
And of course South Koreans who can take spice on a whole new level - this is their comfort food.
Starting with the original spicy hot chicken flavours - now there are other flavours of buldak.
The sauces in fact are now sold separately - for you to splash it over any meal.
But did you know - these hot and fiery ramen and sauces - almost never made it to the shelves of our local supermarket?See omnystudio.com/listener for privacy information.
4/21/2023 • 5 minutes, 58 seconds
Culture Club: Riding the wave of growing wine demand
Eight years since it first launched, homegrown brand Pop Up Wine is aggressively growing, with its eyes set on Southeast Asia expansion.
Having filled a gap for the 500,000 Singapore wine drinkers, Pop Up Wine now seeks to capture the region’s growing demand for wine.
Isadora Noble, Co-founder, Pop Up Wine shares on her experiences in the industry and more.See omnystudio.com/listener for privacy information.
4/20/2023 • 13 minutes, 27 seconds
Market View: US economy stalled in recent weeks; Mixed earnings from IBM, Morgan Stanley and Tesla; Alibaba’s Freshippo and a possible Hong Kong IPO; Keppel Reit’s distributable income down 6.7% yoy
Singapore shares fell this morning after global markets closed mostly flat or lower overnight.
In early trade, the Straits Times Index (STI) fell 0.2 per cent to 3,318.56 points, after 19.2 million securities changed hands in the broader market.
In terms of companies to watch, Nanofilm Technologies fell 9.1 per cent after the company announced a 40 per cent fall in revenue for the first fiscal quarter yesterday.
Keppel Reit is also in focus after posting a 6.7 per cent on-year drop in distributable income from operations for the first quarter ended March.
Elsewhere, investors continue to fret over the inflation outlook in the US, while mixed US corporate earnings also provided little cheer for market participants.
On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
4/20/2023 • 15 minutes, 10 seconds
In the Spotlight: Uncovering the blooming tourism scene in Singapore's Gardens by the Bay
Singapore is a hub of diversity and vibrancy, making it an exceptional place to pursue a career in tourism.
Working in this field means interacting with visitors from all over the world and sharing the city-state's best-kept secrets.
With a myriad of career options available, individuals can help shape and curate the best visitor experiences.
Mihkaail Ng, Senior Assistant Director of Conservatory Operations, Gardens by the Bay shares his experience and more.See omnystudio.com/listener for privacy information.
4/20/2023 • 11 minutes, 3 seconds
Under the Radar: MB&F on its spaceship watches; Waitlists stretching to a decade; Impact of a booming secondary market on production; Takeaways from Watches and Wonders 2023; M.A.D Editions for the masses
We’re going to talk about watches today. When it comes to watches, the first that comes to mind might be those that come with sober round dials, say your Rolex or Omega watches.
Instead of that, we want to talk about watches that look like spaceships, cost US$100,000 and above, and have a waitlist stretching from years to almost a decade.
Founded in 2005, MB&F started with a dedicated fan base but has gained increased attention among the wider watch collecting community of late.
The company, which produced just 30 watches in its first run, now forecasts production of around 420 watches this year with a revenue of over 42 million francs.
But what’s next for MB&F, and what does a booming secondary watch market mean for watchmakers when determining the supply available?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these burning questions to Maximilian Büsser, Owner & Creative Director at MB&F. See omnystudio.com/listener for privacy information.
4/20/2023 • 22 minutes, 21 seconds
Euro Watch: Ursula von der Leyen calls for EU unity against China
From EU chief Ursula von der Leyen urging the bloc's leaders to show unity in the face of China to Absolut Vodka stopping exporting of its products to Russia again.
Chris Humphrey, Executive Director, EU-ASEAN Business Council gives us an analysis of those headlines and more.See omnystudio.com/listener for privacy information.
4/20/2023 • 9 minutes, 31 seconds
K-influencer: Aimee Cheng-Bradshaw - What you need to know if you're apartment hunting in Seoul
You may have seen her latest video where she gave a house tour in Seoul of her new boyfriend’s place - which hit more than 1.5 million views on TikTok.
She’s a model right here in Singapore - She’s been on the cover of Vogue Singapore, HerWorld, Shape, Nylon…
She’s Aimee Cheng-Bradshaw.
She joins for K-influencers on K-WAVE to give some tips on apartment hunting in Seoul and even some K-fashion and beauty tips.See omnystudio.com/listener for privacy information.
4/20/2023 • 17 minutes, 24 seconds
Culture Club: Boating lifestyle in SG, uptick in interest from Singaporeans
Life on board a boat has many benefits.
And Singapore’s boating industry is just starting to flourish.
The Singapore Yachting Festival will be happening from April 27 to 30 and is set to be a key promotional platform and revenue generator for the regional industry, as well as positioning Singapore as a hub for cruising yachts and superyachts.
Wade Pearce, Founder, SG Marine Guide shares on what to expect and keep an eye on for the upcoming festival.See omnystudio.com/listener for privacy information.
4/19/2023 • 11 minutes, 11 seconds
Market View: S-Reits’ distribution figures; US beige book of economic conditions; More Fed officials to speak; Hong Kong’s interbank liquidity at its lowest since the GFC and impact on banks
Singapore shares rose today following an upbeat session on the European market.
The Straits Times Index was up 0.1 per cent to 3,311.43 points in early trade after 53 million securities changed hands in the broader market.
In terms of companies to watch, Reits continue to be in focus this week as well with Keppel DC Reit, Keppel Pacific Oak US Reit among those posting their distribution numbers.
Globally, investors now shift their focus away from US banks to the Fed’s next moves after recent bank earnings soothed concerns about the sector. With a number of Fed officials set to speak this week and the central bank’s “beige book” of economic conditions due today, what can we expect?
On Market View, the Drive Time team unpacked these developments with Carmen Lee, Head of OCBC Investment Research.See omnystudio.com/listener for privacy information.
4/19/2023 • 9 minutes, 58 seconds
In the Spotlight: Unlocking the potential of data
Data is one of the most critical assets for organizations today, and a strong data foundation sits at the heart of a successful digital transformation.
With the rapid growth in data volume, velocity and variety, organizations today are under pressure to meet data growth challenges.
How can organizations continue to tackle the varied data challenges to drive transformational business outcomes?
Rekuram Varadharaj, Chief Strategy Officer, Cloud Kinetics discusses the importance of data for organizations and more.See omnystudio.com/listener for privacy information.
4/19/2023 • 10 minutes, 8 seconds
Under the Radar: Millionaires with a plan - Henley & Partners on where the wealthy is moving to and what this means for Asia in its bid to attract family offices
Ever wondered where all the millionaires are right now? And where they intend to migrate to in the near term?
Well, that’s what we are going to talk about today with UK-based consultancy firm Henley & Partners.
The company is a global leader in residence and citizenship by investment, with over 40 offices worldwide. It also runs a leading government advisory practice that has raised more than US$10 billion in foreign direct investment.
What’s interesting is that Henley & Partners said its business grew 25% last year and another 35% the year before.
Meanwhile in its “USA Wealth Report”, the company said the number of Americans enquiring about citizenship investments and residency options has risen over four-fold since 2019.
But where are wealthy Americans moving to? What does this mean for the consultancy firm as well as or Asia as the region tries to attract family offices to set up shop?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Scott Moore, Managing Director, Henley & Partners for more.See omnystudio.com/listener for privacy information.
4/19/2023 • 15 minutes, 42 seconds
Reigonal Roundup: Mahathir moves forward with legal action against Anwar
From former Malaysian Prime Minister Mahathir Mohamad proceeding with legal action against current PM Anwar Ibrahim to Myanmar’s junta releasing prisoners to mark the country’s traditional New Year on Monday.
Dr. Felix Tan, Political Observer, Nanyang Technological University shares his analysis on those headlines and more.See omnystudio.com/listener for privacy information.
4/19/2023 • 13 minutes, 55 seconds
K-pop: Jisoo blooms with ‘Flower’
The fourth and final member - to release a solo.
It’s Blackpink’s Jisoo.
It seems like the phrase - “saving the best for last” may just be true in this case - 'cause she’s just made history.
Credits:Soundbites from:JISOO - ‘꽃(FLOWER)’ M/V - @BLACKPINK YouTubeJISOO - 'All Eyes on Me' M/V - @BLACKPINK YouTubeSee omnystudio.com/listener for privacy information.
4/19/2023 • 5 minutes, 22 seconds
Market View: Singapore’s Q1 corporate earnings; China’s blockbuster 4.5% GDP growth in Q1; US dollar rallied on Fed hike expectations; Apple and Goldman Sachs’ high-yield savings account
Singapore shares dipped this morning despite Wall Street’s gains overnight.
The Straits Times Index was down 0.1 per cent to 3,314.77 points in early trade after 31.3 million securities changed hands in the broader market.
In terms of companies to watch, we do have a number of Reits ranging from Keppel Reit, Sabana Reit, as well as a number of big names like Keppel Corp and UOI releasing their business update for Q1 FY2023 this week. But what can we expect on this front?
Elsewhere, the dollar eased earlier today after rallying strong last night after strong US economic data fanned expectations of further rate hikes by the US Federal Reserve in May. So what is the outlook of the dollar ahead?
On Market View, the Drive Time team looked at how the Singapore stock market ended the day and the sectors and developments to watch with Jeff Ng, Senior Currency Analyst, MUFG.See omnystudio.com/listener for privacy information.
4/18/2023 • 11 minutes
Culture Club: Asia’s first facility offering snowboarding, surfing and skating in one place
Those who wish to enjoy skiing, snowboarding or surfing need not leave Singapore soon because a new attraction will provide such activities under one roof in the heart of Orchard Road!
The action sports arenas at Trifecta are inspired by the world’s best in each category; the snow slopes of Japan, the swelling waves of Bali, and the skate bowls of California.
So what can we expect from this particular attraction when it opens later this year?
Daphne Goh, Head of Marketing & Business Development, The Ride Side & Co-Founder, Trifecta gives us a sneak peek of what to expect from this upcoming adventure hub.See omnystudio.com/listener for privacy information.
4/18/2023 • 12 minutes
In the Spotlight: Hospitality for the future
The past year has given us countless trends and cultural shifts in the way we work, travel, and meet colleagues and clients.
While inflation and continued labour challenges across the travel and events sector leaves some trepidation - experts say there’s cause for optimism in 2023.
What can hotels in Southeast Asia expect to see from the full return of MICE business and major leisure events?
William J. Haandrikman, Managing Director, Fairmont Singapore & Swissôtel The Stamford shares his insights on the changes of the hospitality industry.See omnystudio.com/listener for privacy information.
4/18/2023 • 12 minutes, 18 seconds
China Perspective: Taiwan bolsters missile arsenal amid heightened China threat
Taiwan will be buying as many as 400 US land-launched Harpoon missiles in the face of rising threat from China, how will China retaliate?
German Foreign Minister Annalena Baerbock wrapping up her three-day visit to China over the weekend, will Germany support China’s reunification cause?
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an overview of the latest news and more.See omnystudio.com/listener for privacy information.
4/18/2023 • 6 minutes, 53 seconds
K-drama: Seungri’s Burning Sun or Victor’s Black Sun?
There’s a new K-drama series that’s been making waves lately in South Korea.
It’s Taxi Driver - Season 2.
It’s a story about a group of vigilantes running a secret on-call revenge service under the cover of a taxi company - called the Rainbow Taxi Company.
Season two is a continuation of season one with the company once again taking on revenge cases amid the threat of a major villain, seeking justice for the weak and downtrodden and championing those in need.
Like the first season- some of the revenge stories are based on real-life criminal cases.
But there’s one episode in season 2 that has got people talking…
Credits:Soundbites from:
Taxi Driver Season 2 | Official Trailer | Watch now on KOCOWA | [ENG SUB] @KOCOWA YouTubeSee omnystudio.com/listener for privacy information.
4/18/2023 • 5 minutes, 23 seconds
Culture Club: ACM moving into the fashion and design space
Asian Civilisations Museum (ACM) is currently presenting a selection of exquisite garments and textiles in its latest refresh Textile Masters to the World: The global desire for Indian cloth.
This exhibition is also the first step by ACM to move into the fashion and design space.
Kennie Ting, Director, ACM and Peranakan Museum shares on upcoming exhibitions and the future of ACM.See omnystudio.com/listener for privacy information.
4/17/2023 • 10 minutes, 55 seconds
Sports Minutes: Have Arsenal blown it?
With their title charge hanging in the balance, have Arsenal blown a golden opportunity of winning the Premier League? Elliott and Raushan have their say.
Got a story to tell? Get in touch with [email protected][email protected] See omnystudio.com/listener for privacy information.
4/17/2023 • 13 minutes, 58 seconds
Market View: US retail sales dropped 1%; JPMorgan and Citibank earnings; Outlook for this corporate earnings season; Microsoft’s Bing may replace Google as default search service on Samsung devices
Singapore shares started the week higher, despite Wall Street stocks retreating. European shares also hit their highest in over a year.
The Straits Times Index rose 0.3 per cent to 3,311.18 points in early trade after 35.3 million securities changed hands in the broader market.
In terms of companies to watch, we have Keppel Corporation, after it announced that Asset Co, which is the entity majority-owned by external investors after the legal completion of Keppel Offshore and Marine with Sembcorp Marine, is actively engaging clients on potential contracts for its legacy rigs.
Meanwhile, from the drop in US retail sales to the latest corporate earnings from the banking sector, and the possibility of Microsoft’s Bing replacing Google as the default search engine on Samsung devices, international headlines continue to be in focus for today.
On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
4/17/2023 • 14 minutes, 16 seconds
In the Spotlight: Social media platform of choice for Singapore’s public sector
Social media, it has taken over the world and our lives!
But how have government bodies’ in Singapore use such platforms to engage with the public?
Emplifi's “Singapore Government Social Media 2022 in Review” report highlights how 27 statutory boards and 16 ministries are leveraging leading social media channels to communicate and engage with Singapore residents on a wide array of topics.
Varun Sharma, Vice President, APAC & Japan, Emplifi shares with us on how government bodies utilise social media platforms to connect with the public.See omnystudio.com/listener for privacy information.
4/17/2023 • 11 minutes, 19 seconds
Washington Report: Biden renews calls for tougher gun laws, but why is there still not much progress?
From at least four people killed with 28 injured in a mass shooting at a 16th birthday party in the US state of Alabama to former President Donald J. Trump providing the first look at his post-presidency business dealings with a new personal financial disclosure.
Steve Okun, Senior Advisor, Mclarty Associates gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
4/17/2023 • 11 minutes, 59 seconds
K-slang: 꾸꾸꾸 (kkukkukku)
Whether it’s on Instagram, Tiktok or youtube - you might want to know this term, especially if you’re looking through the latest on Korean fashion trends.
It’s kkukkukku.
I know it sounds weird, but it’s actually short for something.
Listen more to find out what it means.See omnystudio.com/listener for privacy information.
4/17/2023 • 5 minutes, 10 seconds
Market View: US inflation cools; MAS keeps monetary policy settings unchanged; LVMH now among world’s top 10 as market value nears US$500b
Singapore shares rose today, following the Monetary Authority of Singapore’s announcement to leave monetary policy settings unchanged for the first time in over a year. That’s contrary to market expectations of a tightening.
In early trade, the Straits Times Index (STI) was up 0.4 per cent to 3,309.16 points after 25.4 million securities changed hands in the broader market.
In terms of companies to watch today, we have ST Engineering, after it won a S$200m contract for the Cross Island Line project.
Elsewhere, investors continue to digest the latest US inflation figures after fresh data showed continued slowing of inflation, suggesting that the Federal Reserve’s tightening campaign was finally paying off.
On Market View, the Drive Time team unpacked the latest developments for the week with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
4/14/2023 • 13 minutes, 2 seconds
Sports Minutes: Surely there should be consequences?
Deepanraj Ganesan, Sports Reporter with The Straits Times, is in the hot seat for this episode - as Singapore football takes centre stage. We discuss the hapless season Hougang United are having, and dissect the ‘unfit and unsafe’ pitch at Our Tampines Hub that led to a SPL match being postponed. What should be the consequences, and who should be held responsible?
READ MORE:
https://www.straitstimes.com/sport/football/unfit-and-unsafe-pitch-at-tampines-leads-to-spl-match-being-postponed
Got a story to tell? Get in touch with [email protected][email protected] See omnystudio.com/listener for privacy information.
4/14/2023 • 15 minutes, 31 seconds
Culture Club: Pet Expo bringing communities of pet lovers together
Are you a pawrent? Do you have a fur kid that you love so much? If you are one, good news as Singapore’s largest pet fair, Pet Expo 2023 is happening at Singapore Expo Hall 6. So what can visitors expect from Pet Expo 2023?
David Lim, Project Director, Pet Expo 2023 shares with us on what visitors can expect from Pet Expo 2023 and opportunities the event presents for the pet business scene here. See omnystudio.com/listener for privacy information.
4/14/2023 • 11 minutes, 46 seconds
In the Spotlight: Empowering independent game studios
Nobody could imagine what the gaming industry would blossom into when they were messing around with ‘Pong’ joysticks in the 1970s and 80s. And now the industry is a $200 billion behemoth and arguably one of the most important and innovative sectors in tech today.
Matthew Quek, Co-Founder and Chief Executive Officer, The Iterative Collective shares with us his views on the local game industry and the potential it has. See omnystudio.com/listener for privacy information.
4/14/2023 • 11 minutes, 51 seconds
Sports Minutes: Are the Glazers serious about selling Manchester United?
Singapore PR Thomas Zilliacus has withdrawn his offer to buy Manchester United - saying the decision of the Glazers to go to a third round of bidding is a "farce", adding that the current owners were giving "no respect" to the club.
Why has it amounted to this, and where to from here? We speak to the man himself, as Thomas Zilliacus joins us on this episode.
Got a story to tell? Get in touch with [email protected][email protected]
See omnystudio.com/listener for privacy information.
4/14/2023 • 10 minutes, 36 seconds
K-fashion: Up-and-coming fashion icon - Jang Wonyoung
IVE - a K-pop girl group, recently made a comeback with their new album I’ve IVE. The group consists of 6 members. And one group member has been making headlines in the fashion industry.
She’s the so-called “visual of the group. It’s Jang Wonyoung.
If you are a fan of this girl group, Wonyoung is probably one of your fashion icons. Here’s how you can dress like her. See omnystudio.com/listener for privacy information.
4/14/2023 • 5 minutes, 59 seconds
Culture Club: The future of the local snack industry
From $10 in the bank account and up to their ears in debt to S$1 million in revenue in four years. That’s the story behind homegrown snack brand Uncle DiDi, who are famous for their unique Popcorn & Cotton Candy flavours.
And they’ll be bringing back their crowd-favourite Ondeh-ondeh popcorn flavour to ignite joy in Singaporeans this Hari Raya festive season.
Caleb Li, Co-Founder, Uncle DiDi shares his experience as an entrepreneur and the company’s expansion plans. See omnystudio.com/listener for privacy information.
4/13/2023 • 13 minutes, 5 seconds
Sports Minutes: The great debate, VVD or Vidic?
Virgil van Dijk is “far better” than Nemanja Vidic and was “the best player” in the Premier League for a while. This according to former Liverpool stalwart Jamie Carragher. A statement that's certainly caused much uproar, especially amongst those of a Manchester United persuasion.
Elliott and Raushan run their rule over both defenders, and have their say on who was the better of the two.
Got a story to tell? Get in touch with [email protected][email protected] See omnystudio.com/listener for privacy information.
4/13/2023 • 13 minutes, 37 seconds
In the Spotlight: What to expect in winter Australia
Prevailing from the months of June to August, winter in Australia enables the travellers to indulge in some of the best experiences that lead them to explore the true charm of the Land of Oz.
So why should one spend winter in Australia? And with sustainability travel gaining more traction, how is Australia, as a destination, leading the way on this front?
Ann Lim, Country Manager, Singapore, Tourism Australia tells us more. See omnystudio.com/listener for privacy information.
4/13/2023 • 10 minutes, 48 seconds
Euro Watch: Macron sparks anger in European region
From how the comments made by French President's Emmanuel Macron during his visit to China creating a ripple effect on the region to the International Monetary Fund (IMF) saying that the UK is set to be one of the worst performing major economies in the world this year.
Dr Samir Puri, Senior Fellow in Urban Security and Hybrid Warfare, International Institute for Strategic Studies gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
4/13/2023 • 9 minutes, 50 seconds
K-influencer: How this agency aims to get SEA creators, artistes get the same exposure as K-pop idols
On K-influencer -
He’s the founder and CEO of Wild - Leonard Lim.
And his company aims to help South East Asian creators and artistes get the same type of exposure and recognition as K-pop idols.
Its current roster is also full of some of Korea’s top stars- including Sorn, The Hammingtons, Seungyeon and Junoflo.
So how is WILD bringing the Korean wave to Southeast Asia and vice versa?See omnystudio.com/listener for privacy information.
4/13/2023 • 16 minutes
Sports Minutes: Is Tiger's time up?
At the place where it all began, the end has never seemed closer for Tiger Woods. 16 years on since he dominated Augusta to clinch his maiden Masters, the 47-year old's participation at the 2023 edition came to an agonising end as he was forced to withdraw from the tournament due to an injury. So where to from here for the 15-time major winner? What does he have left to prove, and what will be his legacy IF he does call it a day?
Timothy Low, international golf commentator, joins Elliott and Raushan to share his thoughts.
Got a story to tell? Get in touch with [email protected][email protected]
See omnystudio.com/listener for privacy information.
4/12/2023 • 13 minutes, 51 seconds
In the Spotlight: Is AI the silver bullet in data protection and security?
Expansive data breaches and extensive cybercrime networks have placed APAC as the hotbed of growing cybercrime attacks.Many organisations continue to struggle with how to effectively protect and secure their data.So how can organisations understand “unknown threats” and how can they identify these malicious entities? Andrew Ong, Regional Director, Vectra APAC shares more. See omnystudio.com/listener for privacy information.
4/12/2023 • 11 minutes, 18 seconds
Regional Roundup: Will Najib get a royal pardon?
Will former Malaysian PM Najib Razak get royal pardon? And why did 1,700 residents of Chiang Mai province filed a lawsuit at the Administrative Court against Prime Minister Prayut Chan-o-cha?
Bridget Welsh, Political Analyst and Honorary Research Associate, University of Nottingham Malaysia gives us an analysis of those headlines and more.
See omnystudio.com/listener for privacy information.
4/12/2023 • 11 minutes, 52 seconds
K-food: Top things to eat in Jeju Island
If you’re heading to Jeju soon, whether it’s for the cherry blossoms or for its famous waterfalls and beaches, here’s an episode for you!
You gotta make your pit stop somewhere to enjoy Jeju’s own delicacies.
So here are the top foods you need to try out when you’re there!See omnystudio.com/listener for privacy information.
4/12/2023 • 7 minutes, 1 second
Sports Minutes: Revolutionizing the game of golf!
The Sentosa Golf Club in Singapore plays host to LIV Golf from 28th to 30th April, marking the league’s first visit to the Lion City. What can fans expect when the world's best golfers take to the course?
Well Elliott and Raushan ventured to find out! We hear from Su-Ann Heng, LIV Golf on-course commentator, & Andrew Johnston, Director of Agronomy with Sentosa Golf Club.Got a story to tell? Get in touch with [email protected][email protected] See omnystudio.com/listener for privacy information.
4/11/2023 • 12 minutes, 38 seconds
Bringing LEGO to life - From blueprint to building in just 4 months
Building a home is more than just a construction project; it's a chance to create a space that's a true reflection of who you are, and also a place to call your own.
Committed to harnessing innovative construction solutions in creating custom homes on any landed plot, design and build firm Inplex, is guiding Singaporean homeowners to create the homes of their dreams with ease.
On Culture Club, Drive Time's Elliot Danker speaks with Warren Liu, award-winning architect and co-founder of Inplex to find out how they are delivering bespoke blueprints to building in just months.
[Find Us on Podcast Platforms]Awedio | Apple Podcasts | Google Podcasts | Spotify | Amazon Music | OmnyStudio
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Presenters: Elliot DankerProducer: Nadiah Koh See omnystudio.com/listener for privacy information.
4/11/2023 • 14 minutes, 24 seconds
China Perspective: Macron gets rock star welcome in China
From China simulating hitting 'key targets' on Taiwan to highlights from French President Emmanuel Macron's official visit to the country.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
4/11/2023 • 7 minutes, 15 seconds
Washington report: Conflicting US rulings leave fate of abortion pill in doubt
China kicked off three days of military exercises around Taiwan on Saturday after condemning Taiwanese President Tsai Ing-wen's meeting with US House Speaker Kevin McCarthy. How will the US react in the face of Chinese hostility?
Meanwhile, US abortion pill access is in doubt after a Texas judge suspends approval. What about the political fallout coming into focus?
On Washington Report, Drive Time's Elliot Danker speaks with Pushan Dutt, Professor of Economics, INSEAD to break it all down.
[Find Us on Podcast Platforms]Awedio | Apple Podcasts | Google Podcasts | Spotify | Amazon Music | OmnyStudio
[Contact Us]
Presenters: Elliot DankerProducer: Nadiah Koh See omnystudio.com/listener for privacy information.
4/11/2023 • 9 minutes, 51 seconds
Rebound of global tourism: How Southeast Asia’s attractions can stay ahead of the curve
Global tourism is bouncing back post-Covid. So, what better way to attract holiday makers from all over the world than theme parks?
In The Spotlight, Drive Time's Elliot Danker speaks with June Ko, Executive Director and Vice President, International Association of Amusement Parks and Attractions (IAAPA) Asia Pacific Operations to find out more about the trends shaping the theme and amusement parks in Singapore and the region.
IAAPA Expo Asia 2023 makes a timely return following a three-year hiatus. Held in Singapore from 13 to 16 June 2023 at Marina Bay Sands, provides a platform for industry professionals to showcase and discover the latest products, services and technologies in the attractions sector.
[Find Us on Podcast Platforms]Awedio | Apple Podcasts | Google Podcasts | Spotify | Amazon Music | OmnyStudio
[Contact Us]
Presenters: Elliot DankerProducer: Nadiah Koh See omnystudio.com/listener for privacy information.
4/11/2023 • 11 minutes, 33 seconds
K-slang: 핑플 (pingpeul)
We all have that one friend who is always too lazy to search up things - and always asks you to do the searching for them - even if it’s just a simple search.
Like for instance - just searching up the nearest restaurant or just simply a definition of a word.
Well, there's a perfect Korean slang word to describe that exact person.
And it's 핑프 (pingpeul).
Find out more about today's K-slang word of the week. See omnystudio.com/listener for privacy information.
4/11/2023 • 6 minutes, 35 seconds
Sports Minutes: Dwight Yorke on Manchester United
Speaking to Elliott & Raushan on the sidelines of the JSSL Singapore Professional Academy 7’s 2023, Manchester United treble-winner Dwight Yorke shares his thoughts on the red devils season far - including Marcus Rashford's "phenomenal" 2023 and Erik ten Hag "encouraging" start to life at Old Trafford.
Got a story to tell? Get in touch with us: [email protected][email protected] See omnystudio.com/listener for privacy information.
4/10/2023 • 11 minutes, 11 seconds
Singapore’s most talented designers feature at Milan Design Week
Six of Singapore’s most talented and imaginative designers will be featured at the world’s largest design event, the Milan Design Week.
DesignSingapore Council is presenting local design on the world stage with Future Impact, an exhibition which celebrates our city’s forward-looking design and its positive impact on everyday life.
On Culture Club, host Elliot Danker speaks with Jo Soh, Deputy Director, Industry Development Office, DesignSingapore Council and Wendy Chua, Co-Founder, Forest & Whale to find out more. See omnystudio.com/listener for privacy information.
4/10/2023 • 13 minutes, 40 seconds
In the Spotlight: Catching consumer attention, the importance of building brands in social
In this period when we are entering uncertain times, brands, marketing professionals and agencies alike are worried about what an unpredictable economic climate could mean for their businesses.
So how can brands work things around on the marketing front when faced with a downturn?
Tim Lindley, Managing Director, VaynerMedia APAC shares his views. See omnystudio.com/listener for privacy information.
4/10/2023 • 11 minutes, 48 seconds
K-pop: That’s so “KITCH”
K-pop girl group IVE has made a comeback.
In promotion of their new album, the group had pre-released a single from the album, titled "Kitsch" back on March 27.
It’s their first song that they’ve written from scratch.
But what is Kitsch about?
Credits:Soundbites from:IVE 아이브 'Kitsch' MV - @STARSHIP_official YouTube[MV] IVE(아이브) - ELEVEN - @STARSHIP_official YouTubeSee omnystudio.com/listener for privacy information.
4/10/2023 • 5 minutes, 14 seconds
Sports Minutes: Would you go back to your ex?
With Chelsea going back to the future by appointing Frank Lampard (just over two years after the club sacked him) as interim manager until the end of the season, Elliott and Raushan weigh out the pros and cons of rekindling old flames.
Got a story to tell? Get in touch with us at: [email protected][email protected] omnystudio.com/listener for privacy information.
4/6/2023 • 12 minutes, 36 seconds
Market View: US non-farm payrolls; Asean+3 region to grow 4.6% in 2023; Vietnam government to probe TikTok’s operations; Singtel to integrate IndiHome into Telkomsel
Singapore stocks fell this morning, tracking the slowdown in global markets overnight.
In early trade, the Straits Times Index (STI) dropped 0.4 per cent to 3,305.04 points, after 34.9 million securities changed hands in the broader market.
In terms of companies to watch, we have Singtel, after the company announced that its Indonesian associate Telekomunikasi Selular (Telkomsel) has entered into a conditional spin-off agreement with the parent company of Indonesian telco IndiHome, to integrate IndiHome’s services into Telkomsel.
Meanwhile, global investors continue to set their sights on Friday’s US non-farm payroll figures for a snapshot of the world’s largest economy.
On Market View, the Drive Time team took a closer look at these developments with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
4/6/2023 • 11 minutes, 33 seconds
Culture Club: The challenges of retaining the hawker culture
Timbre Group has recently launched One Punggol Hawker Centre, in an effort to preserve our hawker culture.
The venue is dedicated to preserving the unique hawker culture in Singapore while offering a diverse range of authentic Singapore cuisine.
Danny Loong, CEO, Timbre Group shares the challenges many face when it comes to retaining the hawker culture.See omnystudio.com/listener for privacy information.
4/6/2023 • 14 minutes, 4 seconds
Under the Radar: Behind our taxi claims, leave applications and accounting entries - SAP on the market global enterprise software market reaching a market volume of US$376.40b by 2028
This company will likely ring a bell, especially if you’re clearing your annual leave, submitting your taxi claims or an accountant working on your company’s financial statements.
You may have guessed it by now - we’re talking to SAP. That’s a company behind the enterprise resource planning or ERP systems companies use to manage their day-to-day activities like accounting, purchasing inventory, human resources and more.
With over 110,000 employees from over 160 countries, we want to find out how SAP views the global enterprise software market, which is expected to reach a market volume of US$376.40 billion by 2028, according to Statista.
Also, the company recently set up its first SAP Labs in Singapore last March, but what is the status right now?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Eileen Chua, Managing Director, SAP Singapore for more.See omnystudio.com/listener for privacy information.
4/6/2023 • 15 minutes, 5 seconds
In the Spotlight: What is in store for the travel industry for the rest of 2023
The world is at different stages of reopening 3 years after Covid-19 forced countries to close borders. It is confusing to travelers. It doesn't help that airfares remain expensive, while services are still limited.
Jon Gieselman, President, Expedia Brands tell us on what is in store for the travel industry for the rest of 2023. See omnystudio.com/listener for privacy information.
4/6/2023 • 15 minutes, 1 second
K-fashion: How to style your new pair of jeans with NewJeans
Y2K fashion is in trend.
That means velvet track pants, chunky heels, and bedazzled denim jackets- they are all back in fashion.
"Y2K" refers to the year 2000 with fashion that provides nostalgic notes from late 90s to early 00s pop culture. Just think - Paris Hilton, Britney Spears and Christina Aguilera and how they used to dress during that bygone era. And there’s one K-pop girl group in South Korea that’s doing it the best. See omnystudio.com/listener for privacy information.
4/6/2023 • 5 minutes, 56 seconds
Sports Minutes: Oh, what could have been!
With Fulham's Aleksandar Mitrovic being banned for eight games pushing the referee in a match against Manchester United, Elliott and Raushan take a deep dive into the issues surround discipline and dedication in the world of sport.
Got a story to tell? Get in touch! [email protected][email protected] omnystudio.com/listener for privacy information.
4/5/2023 • 14 minutes, 18 seconds
In the Spotlight: The emotional toll of cyber attacks on CEOs
Cyber attacks do have a serious emotional toll on CEOs but the good news is that the experience is an opportunity to shift their mindset from cybersecurity to cyber resilience.
So what sort of mindset should CEOs adopt in order to make better decisions when faced with a cyber attack?
Dr Manuel Hepfer, Head of Knowledge and Insights, ISTARI shares his views.
See omnystudio.com/listener for privacy information.
4/5/2023 • 11 minutes, 43 seconds
Regional Roundup: Malaysia lauds ‘historic’ deals in Beijing
From Malaysia’s Prime Minister Anwar Ibrahim’s trip to China and the latest leading up to Thailand’s General Election.
Dr. Felix Tan, Political Observer, Nanyang Technological University gives an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
4/5/2023 • 10 minutes, 29 seconds
Under the Radar: A younger Julie for a younger crowd - Julie’s Biscuits on its rebranding initiative and Michelle Yeoh’s Oscar win
What comes to mind when you think of peanut butter sandwich biscuits? How about Julie’s biscuits?
If you’ve been having Julie biscuits lately, you might have realised that their blonde-haired Julie logo doesn’t look quite the same.
In fact, Julie might look slightly younger now - and that’s thanks to a global rebranding effort by the company in 2020 to capture younger consumers.
And if you’ve been tracking the company, you might realise that the Malaysian brand temporarily changed its Julie logo to Michelle Yeoh upon her winning the Best Actress at the Oscars.
But why is Julie’s actively rebranding itself as a youthful brand to capture the younger crowd? To what extent were the efforts driven by the competition or shifts in the biscuit industry?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Sai Tzy Horng, Director, Julie's Biscuits.See omnystudio.com/listener for privacy information.
4/5/2023 • 13 minutes, 57 seconds
K-drama: The revolting truth behind "The Glory"
The latest K-drama series “The Glory” is a story about vengeance, trauma, and power.
It’s a story about a woman in her late thirties who sets out on an elaborate revenge plot to make her tormentors pay years after she survived horrific abuse in high school - including being beaten up, scratched by pins, and being burnt by a hair-curling iron.
But the gruesome bullying scenes in the show hide an even more revolting truth…
Credits:Soundbites from:The Glory | Official Trailer | Netflix [ENG SUB] - @netflixkcontent YouTubeBullied with a Curling Iron | The Glory - Ep. 1 Highlight Clip | Netflix (Song Hye Kyo, Lee Do Hyun) - @azcontent YouTubeSee omnystudio.com/listener for privacy information.
4/5/2023 • 9 minutes, 3 seconds
Sports Minutes: Chelsea & Leicester wield the Axe, who should step in?
With Chelsea and Leicester City wielding the proverbial axe on Graham Potter and Brendan Rodgers respectively - Elliot and Raushan are in conversation with Shehzad Haque, International Sports Commentator, to discuss the possible alternatives for the hotseat.
Got a story to tell? Get in [email protected][email protected] omnystudio.com/listener for privacy information.
4/4/2023 • 13 minutes, 13 seconds
Culture Club: Avoiding a nightmare, how to buy the right second hand car
With COE premiums in Singapore reaching record levels in 2022 and set to continue well into 2023, purchasing a brand new car may be out of reach for most.
Instead of relying on public transport and private-hire cars, turning to the second hand car market may be an option.
So what should you look out out for when getting a second hand car, what should you look out for?
Ken Lee, Founder & Director, Car Search shares some advice. See omnystudio.com/listener for privacy information.
4/4/2023 • 10 minutes, 22 seconds
In the Spotlight: Shining the spotlight on Singapore’s pioneering town, Toa Payoh
As the Housing & Development Board (HDB)’s public housing prototype town, Toa Payoh has seen many innovative “firsts”, and served as a model for the development of residential towns all over Singapore.
And the National Heritage Board (NHB)’s refreshed Toa Payoh Heritage Trail will expound on the history of Singapore’s “model town” and tell the lesser-known stories of Toa Payoh’s significant landmarks.
Norsaleen Binte Salleh, Deputy Director (Education & Community Outreach), National Heritage Board (NHB) shares more details of the refreshed trail. See omnystudio.com/listener for privacy information.
4/4/2023 • 8 minutes, 27 seconds
China Perspective: China, SG upgrade bilateral relationship
From an upgrade in bilateral relationship between China and Singapore and highlights from the Boao Forum.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
4/4/2023 • 7 minutes, 8 seconds
K-slang: 킹받네 (kingbatnae)
It’s all about Kings today.
Nope, not about the royal family, I’m talking about the Korean slang word - 킹받네 (kingbatnae).
It's a slang word that has been trending in South Korea for quite some time now, and it's used in almost every conversation with Gen Zs these days.
Let's learn more about this word.
CreditsSoundbite from: "아 킹받네?" @d1sgud YouTube"킹받네" @권도훈 - Topic YouTube
See omnystudio.com/listener for privacy information.
4/4/2023 • 5 minutes, 21 seconds
Sports Minutes: Is Formula 1 getting too predictable?
With Max Verstappen clinching his second win in 3 races this year and his 18th win in the last 25 grand prix, we wonder if F1 is getting a tad too predictable? Not quite the case if the 2023 Australian Grand Prix is anything to go by argues Matthew Marsh, ex-racing driver and F1 analyst. See omnystudio.com/listener for privacy information.
4/3/2023 • 14 minutes, 29 seconds
In the Spotlight: How can brands defend themselves against fake news and misinformation?
With so many sources of information online, it has become difficult to make sense of what content is based on fact, half-truths or lies. So how can brands defend themselves against fake news and misinformation?
Ginny-Ann Oh, Director, APRW shares her views. See omnystudio.com/listener for privacy information.
4/3/2023 • 12 minutes, 29 seconds
What happens now that former US President Donald Trump has been indicted?
Former US President Donald Trump is facing impending arrest on charges stemming from an investigation into a payment to adult film star Stormy Daniels in 2016.
After a grand jury in New York voted last week to indict him, Trump will be the first former US president to face criminal charges.
Drive Time's Elliot Danker speaks with Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College to find out what to expect from the criminal case and its impact on Trump's 2024 election campaign.
[Find Us on Podcast Platforms]Awedio | Apple Podcasts | Google Podcasts | Spotify | Amazon Music | OmnyStudio
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Presenters: Elliot DankerProducer: Nadiah Koh See omnystudio.com/listener for privacy information.
4/3/2023 • 9 minutes, 21 seconds
K-influencer: Do you have the X-Factor to become the next K-Pop star?
Do YOU have what it takes to be the next K-pop idol?
By the creator of the now-defunct K-pop girl groups SKarf and OhBliss, iGet Entertainment has announced their plans to host global auditions around the region in search of new talents to be trained as artistes in various categories.
Alan Chan, Director and COO of iget Holdings, joins this episode of K-WAVE to tell us more about these auditions as well as what it's like behind the scenes of being a trainee to become the next K-pop superstar.
See omnystudio.com/listener for privacy information.
4/3/2023 • 11 minutes, 53 seconds
Sports Minutes: The Singapore PR in the running to own Manchester United
Singapore permanent resident Thomas Zilliacus has raised eyebrows by entering the race to buy English Premier League giants Manchester United alonside Sheikh Jassim and Sir Jim Ratcliffe. So, who is this 69-year-old Finnish entrepreneur who may go from managing Geylang International to running the show at Old Trafford?
Elliott & Raushan are in conversation with Thomas Zilliacus to find out more!
READ MORE:https://www.straitstimes.com/sport/football/5-things-you-need-to-know-about-man-united-bidder-thomas-zilliacusSee omnystudio.com/listener for privacy information.
3/31/2023 • 14 minutes, 6 seconds
Market View: Possible IPOs in Hong Kong- Alibaba’s Cainiao Network Technologies; JD.com units filed for IPOs; Singapore stock market wrap
Singapore stocks rose early on after global indices rallied overnight.
The Straits Times Index rose 0.1 per cent in early trade to 3,260.51 points after 38.8 million securities changed hands in the broader market.
In terms of companies to watch today, we have Mapletree Logistics Trust, after the Reit manager said yesterday that Mapletree Logistics Trust is in the process of buying eight Asia-Pacific assets for over S$900 million.
Elsewhere, Alibaba’s Cainiao Network Technology is reportedly preparing for a listing in Hong Kong. JD.com also came up to say that two of its subsidiaries had filed for IPOs in Hong Kong. What’s next for China’s tech scene?
On Market View, the Drive Time team sat down with Benjamin Goh, Head of Research and Investor Education, SIAS for more. See omnystudio.com/listener for privacy information.
3/31/2023 • 10 minutes, 40 seconds
Culture Club: The future of indoor play concepts in Singapore
When it comes to indoor play spaces in Singapore, there's certainly no shortage of options here. From trampoline parks to themed playgrounds, there is something for everyone of all ages.
Drive Time's Elliot Danker speaks with Hariman Kwok, CEO and Founder of The Seriously Fun Group, The Polliwogs and X-SCAP8 to find out more about the business of indoor play concepts in Singapore. See omnystudio.com/listener for privacy information.
3/31/2023 • 11 minutes, 45 seconds
Under the Radar: Una Brands on the business of buying and building e-commerce brands
Founded by the co-founder of foodpanda and budget hotel chain Zen Rooms, Kiren Tanna, Una Brands is an e-commerce aggregator that acquires and scales e-commerce brands based in APAC.
The company focuses on acquiring companies with strong independent branding and which have annual revenue of between US$300,000 and US$20 million, and uses technology to optimise and automate product placement and marketing across a range of distribution channels.
Una Brands currently acquired and operates over 20 e-commerce brands across six countries including ergonomic furniture brands ErgoTune and EverDesk+.
It recently announced an additional US$30 million in Pre-Series C fundraise, bringing the total firm’s raise over the past year to US$60 million.
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian found out what’s next for Una Brands from Kiren Tanna, Co-founder & CEO, Una Brands. See omnystudio.com/listener for privacy information.
3/31/2023 • 16 minutes, 26 seconds
Taking the headache out of bizSAFE Certification
In the face of rising concerns about workplace safety regulations, it’s becoming more essential for businesses to prioritize their workplace safety and health compliance. But the process can be tedious and time-consuming, not to mention costly if they chose to hire an external consultant.
Drive Time's Elliot Danker speaks with Chris Chen, CEO, ExpertRA how they are alleviating the administrative burden of applying for bizSAFE certification with an intuitive and easy-to-use digital platform that saves companies time and money.See omnystudio.com/listener for privacy information.
3/31/2023 • 9 minutes, 30 seconds
K-food: K-convenience store best drink combos
If you haven’t been to a convenience store in Korea, there are these drink Capri Sun-styled pouches that’s filled with pre-made coffee, lemonade, and other funky flavours.
And it's taken TikTok by storm with content creators testing out different drink pouches and mixing it with other drinks to find the best combination.
Recently, Singapore has opened two KOREAN convenience stores - one at Nex Mall, and Jurong Point shopping centre.
So you can try them yourselves! But before you check it out - here are the BEST combinations you need to try out. See omnystudio.com/listener for privacy information.
3/31/2023 • 5 minutes, 59 seconds
Sports Minutes: What makes a good boss?
With former Manchester United manager Sir Alex Ferguson and ex-Arsenal boss Arsene Wenger inducted into the Premier League Hall of Fame - Elliott and Raushan ponder on what makes a good boss.See omnystudio.com/listener for privacy information.
3/30/2023 • 13 minutes, 50 seconds
Market View: Alibaba's split into 6 units, NASDAQ bull market
Singapore stocks opened lower today, bucking the global trend on a day which saw gains for stock markets worldwide.
In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,260.09 points after 104.4 million securities changed hands in the broader market.
In terms of companies to watch, we have DBS for you after the bank’s digital services were disrupted yesterday.
Following the disruption, the Monetary Authority of Singapore said the incident was “unacceptable” and it would take “commensurate supervisory actions” against the bank.
On the other side of the world, the US NASDAQ 100 has entered into a bull market as bank jitters ease. But what does this signal to central bank officials?
On Market View, the Drive Time team unpacked these developments with Terence Wong, CEO, Azure Capital. They also talked about Alibaba's plans to split the company into 6 units.See omnystudio.com/listener for privacy information.
3/30/2023 • 12 minutes, 7 seconds
How this chef became the 1st Singaporean on Forbes' 30 Under 30 Europe list
Mathew Leong, executive chef of the two-Michelin-starred restaurant Re-NAA in Norway, has made it to the acclaimed Forbes 30 Under 30 Europe list.
The 28-year-old is the first and only Singaporean to have made it to the list under the Art & Culture category since the list was introduced seven years ago.
Drive Time's Elliot Danker speaks with Matthew to find out how he's making culinary waves in Norway and putting Singapore on the culinary world map.
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Presenters: Elliot DankerProducer: Nadiah Koh See omnystudio.com/listener for privacy information.
3/30/2023 • 9 minutes, 47 seconds
Under the Radar: CapitaLand Ascott Trust’s CEO on DPU, US banking turmoil and Competition among hospitality Reits amid travel recovery
We have come to almost the end of the first quarter this year, and before we kick start April, let’s take a look at an asset class that analysts and observers are keeping their eyes on for this year - hospitality Reits.
With borders reopening and tourism resuming, market watchers believe 2023 will be an exciting time for hospitality trusts.
But there are several questions to address as well. For one thing, what will competition look like within the industry after two years of pandemic?
Also - to what extent will the recent turmoil in the banking sector affect Reit managers when it comes to financial decisions? And is 2023 a good time for acquisitions and expansion?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Serena Teo, CEO of the Managers of CapitaLand Ascott Trust (CLAS).
They talked about the trust’s 47 per cent on-year increase in distribution per stapled security for the half year ended December, as well as the CLAS’ plans ahead.See omnystudio.com/listener for privacy information.
3/30/2023 • 16 minutes, 46 seconds
Why the UK joining the CPTPP Indo-Pacific trade bloc matters
Britain is expected to get the green light to join a key Indo-Pacific trade bloc usually referred to as the CPTPP before the end of this week. The UK would be the first new member to join the 11-nation bloc after it was first signed in 2018.
How big of a win will this be for post-Brexit Britain? What can we expect from the UK partnering with the Pacific giants?
Drive Time's Elliot Danker speaks with Dr Samir Puri, Visiting Lecturer in War Studies at King's College London and author of 'Russia's Road to War with Ukraine to find out.
[Find Us on Podcast Platforms]Awedio | Apple Podcasts | Google Podcasts | Spotify | Amazon Music | OmnyStudio
[Contact Us]Presenters: Elliot DankerProducer: Nadiah KohSee omnystudio.com/listener for privacy information.
3/30/2023 • 12 minutes, 20 seconds
K-fashion: Blackpink Jennie's top picks
Korean fashion has taken the world by storm and significantly impacted the global fashion industry in recent years. One of the key reasons behind the rise of Korean fashion's popularity is the influence of K-pop artists.
And on this episode, I take on fashion icon - Jennie Kim - from the K-pop supergroup Blackpink.
She is no doubt a trend setter - taking South Korea's fashion by storm.
Whether she’s going to a fashion show, doing her live concerts, or just simply- going to the airport, all eyes are on what she’s wearing, who she’s wearing, and how she’s accessorising.
So here are some of the top fashion trends in South Korea - inspired by the fashion icon, Jennie. See omnystudio.com/listener for privacy information.
3/30/2023 • 7 minutes, 1 second
The Singaporean architects unravelling complexity into simplicity
Modern design and architecture have become increasingly complex. As the world becomes more interconnected, so are the needs and expectations of well-heeled clients.
Despite the challenges, Singapore architecture and design firm TA.LE continues to grow from strength to strength. Award-winning projects in its portfolio include the Nordic European Centre, semi-detached residences called the Loft House and the retail boutique Alexandria Maison Singapore.
Drive Time's Elliot Danker speaks with Lionel Leow, Co-founder and Principal Architect, TA.LE to find out how their firm is using a human-centric approach to turn complex architectural challenges into simple designs that are functional and sustainable.
[Find Us on Podcast Platforms]Awedio | Apple Podcasts | Google Podcasts | Spotify | Amazon Music | OmnyStudio
[Contact Us]Presenters: Elliot DankerProducer: Nadiah KohSee omnystudio.com/listener for privacy information.
3/30/2023 • 12 minutes, 29 seconds
What to expect from Ninja Van's PR as a service in Singapore
As the e-commerce industry continues to grow, and consumers becoming more savvy in the online space, how can retailers stay ahead of the curve?
Ninja Van Singapore, has rolled out PR as a service for businesses shipping with Ninja Van in Singapore to help its shippers enhance their brand recognition.
Drive Time's Elliot Danker speaks with Winston Seow, Chief Marketing Officer, Ninja Van Group to find out more.
[Find Us on Podcast Platforms]Awedio | Apple Podcasts | Google Podcasts | Spotify | Amazon Music | OmnyStudio
[Contact Us]Presenters: Elliot DankerProducer: Nadiah KohSee omnystudio.com/listener for privacy information.
3/30/2023 • 10 minutes, 4 seconds
No need to fork out big money on expensive paintings with art rental
You’ve heard of renting luxury handbags or garments for your special occasion. But now - you can also bring the fine art world into your home for a fraction of the cost with art rental.
On Culture Club, Drive Time’s Elliot Danker speaks with Low Sok Leng, Founder & Gallery Owner, ARTualize to find out how leasing paintings is the new way to enjoy art.
[Find Us on Podcast Platforms]Awedio | Apple Podcasts | Google Podcasts | Spotify | Amazon Music | OmnyStudio
[Contact Us]Presenters: Elliot DankerProducer: Nadiah KohSee omnystudio.com/listener for privacy information.
3/30/2023 • 15 minutes, 14 seconds
Market View: Alibaba to split company into 6 units and impact on China’s tech sector; Vietnam’s Q1 economic growth slowed to 3.32%; US officials signal new rules for banks after banking collapse.
Singapore stocks opened lower today after US markets ended in the red overnight.
In early trade, the Straits Times Index fell 0.2 per cent to 3,247.88 points, after 82.1 million securities changed hands in the broader market.
In terms of notable developments for the day, trading for the Alibaba five times short daily leveraged certificates (DLCs) listed on the Singapore Exchange (SGX) has been momentarily suspended as the airbag mechanism was triggered.
The move came after Alibaba said that it will split its company into six business groups, each with the ability to raise outside funding and go public. Shares of the tech giant surged some 15 per cent at the opening bell on the Hong Kong exchange.
On Market View, the Drive Time team unpacked the happenings for the day with Jeff Ng, Senior Currency Analyst, MUFG.
They also looked at Vietnam’s Q1 GDP numbers and what that means for the manufacturing hub as well as comments from top US financial officials on the recent turmoil in the banking sector.See omnystudio.com/listener for privacy information.
3/29/2023 • 9 minutes, 40 seconds
K-influencers: @esyfilms - Which Korean restaurants in SG are #KoreanOppaApproved?
You may have seen him all over TikTok, especially if you’re on food TikTok.
If you are a fan of Korean food - whether you want to make it yourself, or you’re hunting for the most authentic Korean food in Singapore- he’s the go-to-guy.
He’s the Korean Oppa living right here in Singapore.
He’s @esyfilms on TikTok and on Instagram.
He’s Eric Youn. He joins Hongbin Jeong on K-Wave to tell us more about his content creation and of course, Korean food.
Listen to find out where to get the best K-BBQ here in Singapore on this episode. See omnystudio.com/listener for privacy information.
3/29/2023 • 22 minutes, 42 seconds
Market View: Manulife US Reit on its exposure to US regional lenders; Privatisation offers for SGX-listed companies including Boustead Projects and GK Goh; Fed data shows bank customers shifting deposits from smaller banks to larger players; China’s anti-graft agency to inspect state-owned enterprises
Singapore shares rose in the first few minutes of trade today, following a mixed performance in global markets.
This came as investors took comfort in the news that First Citizens BancShares would acquire Silicon Valley Bank’s deposits and loans, allaying recent concerns over the banking sector.
In terms of companies to watch, we have Manulife US Reit, after the Reit’s manager said none of its lenders is a regional bank in the US. But to what extent has the ongoing banking crisis in the US affected SGX-listed Reits, particularly those exposed to the US and Europe?
Meanwhile, we’re also seeing a number of privatisation offers for companies listed in Singapore but why is this the case?
On Market View, the Drive Time team sat down with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi for more.See omnystudio.com/listener for privacy information.
3/28/2023 • 16 minutes, 39 seconds
Sports Minutes: Groundhog day for Tottenham?
With Antonio Conte's Tottenham tenure coming to a (predictable) end after just 16 months, where to from here for Spurs?
James Walton, Sports Business Leader for Deloitte Singapore and Southeast Asia & Shehzad Haque, International Sports Commentator weigh in on the past, present and future of Tottenham's travails.See omnystudio.com/listener for privacy information.
3/28/2023 • 19 minutes
Under the Radar: Beyond cameras and printers - Canon on diversification and weathering tech disruption and the rise in smartphone photography; Revenue in the digital cameras amounting to US$22.89b in 2023; Impact of online file transfer on Canon’s B2B printer business; Future plans and areas to diversify into
Which camera would you use if you have to take a selfie or a picture right now? Would you whip out your mobile phone or would you bring out a DSLR camera instead?
Well, we're asking this because our guest for today is from world renowned camera maker Canon.
While Canon may be a familiar name, what we might not know about is the company’s efforts to diversify into new products and industries.
For one thing, it entered the office equipment market with the debut of the world's first 10-key electronic calculator. It also developed Japan’s first plain paper copying machine, which was introduced in 1970.
And we want to find out how the company’s culture of diversification has helped it weather technological disruption when digital cameras were replaced by smartphones and when printing documents were no longer needed with the advent of file transfers via the cloud?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Vincent Low, Head of Enterprise Business, Singapore Operations, Canon Singapore. See omnystudio.com/listener for privacy information.
3/28/2023 • 13 minutes, 56 seconds
China Perspective: Jack Ma back in the picture, a sign China of political easing on Alibaba?
Roundup of Chinese President Xi Jinping’s visit to Russia, to missing Alibaba founder Jack Ma resurfacing.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs shares his analysis of those headlines and more. See omnystudio.com/listener for privacy information.
3/28/2023 • 9 minutes, 24 seconds
K-reality: Physical 100 - Was the finale rigged?
Let's talk K-reality.
Some of you may have watched the latest hit Korean reality show - Physical 100, a fitness competition where 100 contestants from all over Korea compete to become the fittest person in the country. And the winner of show will not only gain the title as South Korea’s fittest person, but also with $300 million won (S$307,000).
But since the conclusion of the series, the show has been swept up in controversy after controversy – from one of the top female contestants admitting to being a school bully, to a contestant being arrested for assaulting his girlfriend.
And the most notable one? The controversy that the finale was rigged.
*Spoilers ahead.
Credits: "Physical: 100 | Sneak Peek | Netflix [ENG SUB]" @netflixkcontent YouTubeSee omnystudio.com/listener for privacy information.
3/28/2023 • 6 minutes, 45 seconds
Market View: Deutsche Bank vs Credit Suisse and Silicon Valley Bank; First Citizens buys SVB; Sembcorp Industries and Becamex IDC to explore smart and sustainable industrial parks in Vietnam; Keppel Corp to divest stake in Podium West Tower and The Podium Mall in Philippines
Singapore shares opened higher today as the trio of local banks remained resilient despite the recent woes of Deutsche Bank.
The Straits Times Index rose 0.6 per cent in early trade to 3231.31 points after 23.3 million securities changed hands.
In terms of companies to watch, we have Keppel Corporation. The group’s Philippines-listed subsidiary will divest a remaining 50 per cent stake in The Podium West Tower and The Podium Mall in the Philippines for around 8 billion pesos (S$195 million).
Elsewhere, investors remain cautious ahead of what could be yet another rocky week, after the cost of insuring Deutsche Bank’s debt against the risk of default jumped to a more than four year high.
But in what way is Deutsche Bank similar or different from Credit Suisse and SVB?
On Market View, the Drive Time team sat down with David Kuo, Co-founder, The Smart Investor for more. See omnystudio.com/listener for privacy information.
3/27/2023 • 13 minutes, 39 seconds
Sports Minutes: False dawn or the best way forward?
Since it's inception in 2021, 'Unleash the Roar!' is a national movement which aims to raise the levels of Singapore football and rally the nation behind a shared dream. With an onus on youth development and foreign exchange programs, could this pave the way for future footballing success in Singapore?
Deepanraj Ganesan, Sports Reporter with The Straits Times, joins Elliott and Raushan to discuss the state of affairs in local football and the steps forward under the UTR framework.
READ MORE:https://www.straitstimes.com/sport/football/football-we-are-making-tonic-soup-not-instant-noodles-unleash-the-roar-chief-on-criticism-about-project-s-progressSee omnystudio.com/listener for privacy information.
3/27/2023 • 14 minutes, 17 seconds
Culture Club: What ‘good’ looks like for the fashion industry
The fashion industry has a terrible reputation for being one of the world’s most polluting industries. And with the slew of annual global fashion weeks well underway, consumer demand for sustainable fashion has created a greater impetus for businesses to pivot towards sustainability.
But what are the challenges often faced in attaining sustainability in the fashion industry? Can Singapore ever be a sustainable fashion hub of the world?
Benjamin Soh, Founder & Managing Director, STACS tells us more. See omnystudio.com/listener for privacy information.
3/27/2023 • 13 minutes, 10 seconds
In the Spotlight: Brands today face greater complexities in understanding consumer trends, how to go around it?
The last few years have been infused with distress, instability and vulnerability, where we struggled through crisis after crisis, people are searching for meaning. And Human8’s recent findings identified key trends in Asia Pacific and it shows what matters to people and its to create a more meaningful future. So what can Asian brands do to apply these trends?
Maz Amirahmadi, Managing Director, APAC, Human8 shares his views. See omnystudio.com/listener for privacy information.
3/27/2023 • 12 minutes, 26 seconds
Under the Radar: In conversation with the MD of Singapore, Malaysia and Brunei at MSD; MSD’s positioning across geographical markets; Global pharmaceutical market to grow to US$2.4t in 2029; The impact of the COVID-19 pandemic on the industry; MSD’s new facilities in Singapore; Views on Singapore’s business operating environment; Focus on health literacy and health equity
Founded in 1891, MSD is a leading science and technology company in healthcare, life sciences and pharmaceuticals. The company is among the top 10 globally with a revenue of US$59.3 billion in 2022.
With the global pharmaceutical industry expected to grow to around US$2.4 trillion in 2029 according to Fortune Business insights, we want to find out what’s next for the company, particularly here in Singapore.
On that note, MSD announced the opening of two manufacturing facilities to produce vaccines and biologics in Singapore back in October last year. But what is the status right now, and what does the recent rise in vaccine production facilities in Singapore say of the environment the country provides for pharmaceutical businesses?
On Under the Radar, Drive Time's finance presenter Chua Tian Tian sat down with Dr. Sheriff Abdullahi, Managing Director, Singapore, Malaysia & Brunei, MSD for more.See omnystudio.com/listener for privacy information.
3/27/2023 • 15 minutes, 49 seconds
Is time up for TikTok in the US?
The US Congress may have shown its strong desire to ban viral video platform TikTok in the US over national security concerns, but is the social media company’s time really up for its 150 million users in the region?
Drive Time's Elliot Danker speaks with Pushan Dutt, Professor of Economics, INSEAD to discuss the future of TikTok in the US and other key headlines out of the States.
[Find Us on Podcast Platforms]Awedio | Apple Podcasts | Google Podcasts | Spotify | Amazon Music | OmnyStudio
[Contact Us]Presenters: Elliot DankerProducer: Nadiah Koh See omnystudio.com/listener for privacy information.
3/27/2023 • 11 minutes, 36 seconds
K-slang: 어쩔티비 (eojjeoltibi)
Just like any other country, Korea has its own set of trendy slang words that may just be useful to know w hen you travel to Korea or you’re just watching a Korean show, and especially if you’re scrolling through social media.
Gen Z’s in South Korea has created a new set slang words, that even the older Korean generations have no idea what they mean.
And kicking off the new segment, the first K-slang word of the week is eojjeoltibi.
What does it mean? How do you use? I'll tell you all about it. CreditsSoundbite from: "When arguing!!" @dgdg YouTube"SNL 코리아 시즌2 신혜선 하이라이트" @CoupangPlay YouTube"So WhaTV" @redpajamayaco YouTubeSee omnystudio.com/listener for privacy information.
3/27/2023 • 6 minutes, 47 seconds
Sports Minutes: Break records or win trophies?
With Harry Kane and Cristiano Ronaldo in the headlines for breaking records - Elliott and Raushan chat with Shehzad Haque, International Sports Commentator, on the legacies of both these footballers and their reputations despite breaking records.See omnystudio.com/listener for privacy information.
3/24/2023 • 14 minutes, 21 seconds
Market View: TikTok CEO Shou Zi Chew’s testimony; JP Morgan, Citi and Bank of America asking staff not to poach clients from stressed banks; Twitter to remove legacy verified marks; Singapore ranks 3rd in global financial centre rankings; Singapore stock market wrap; Sats on valid applications for new shares; Sembmarine’s subsidiary investigated for “alleged irregularities”
Singapore stocks opened lower today with banks opening in the red following the US Federal Reserve’s latest move to hike interest rates.
In terms of companies to watch today, we have inflight caterer and ground handler Sats, after it announced that shareholders making up 90.4 per cent of the group’s shares have made valid applications for new shares it will be issuing.
Meanwhile, from Tiktok CEO Shou Zi Chew’s testimony in front of the US Congress to JP Morgan, Citi and the Bank of America telling staff not to poach clients from stressed banks, international news continue to dominate the headlines today.
On Market View, the Drive Time team unpacked the these developments with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
3/24/2023 • 14 minutes, 28 seconds
Culture Club: From benchwarmer to national athlete. Grooming the next generation of LeBrons in Singapore
Giving up his spot in the basketball national team to coach full-time is not an easy feat. But this national athlete has never looked back.
On Culture Club, Drive Time's Elliot Danker speaks with Ow Yu Jie, Co-Founder and Head Coach of Triple Threat Basketball Academy to find out the pro basketball player is aiming to groom the next generation of Le Brons here in Singapore. See omnystudio.com/listener for privacy information.
3/24/2023 • 12 minutes, 16 seconds
In the Spotlight: Balancing profit and purpose, how companies can do it right
Where profit once dominated conversations in the boardroom, businesses are increasingly operating with purpose in mind, to build a better world for future generations.
Christian Patouraux, Chief Executive Officer, Kacific Broadband Satellites Group shares how his company is doing business for good and their involvement in EDB's 'Business for Good' campaign.See omnystudio.com/listener for privacy information.
3/24/2023 • 11 minutes, 47 seconds
Under the Radar: Conversation with CEO of Hepmil Media Group; Humour as a value proposition; On its US$10m Series A funding in 2021; Joint venture with Bent Pixels to connect esports creators with brands; Expansion into Thailand and Vietnam; On having millennials and Gen Z as its target audience
How sustainable is humour as a value proposition for a business? That’s the question we want to ask our interviewee today.
Our guest for today is from Hepmil Media Group. You might better know them as the parent company of leading comedy brands SGAG, MGAG and PGAG.
Hepmil Media Group, which first started connecting with Singaporeans through localised humour, iconic memes and videos posted on SGAG, has since grown to a network of companies and creators that engages and entertains millennials and Gen Zs.
More recently, Hepmil Media Group also launched a joint venture with US digital media company Bent Pixels to better connect esports content creators in Singapore, Malaysia, Indonesia and the Philippines with brands.
But how does the company define the market it is in and what is it doing to ensure that it has the last laugh?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Karl Mak, Co Founder & CEO of Hepmil Media Group to find out.See omnystudio.com/listener for privacy information.
3/24/2023 • 16 minutes, 24 seconds
Sports Minutes: Migrant Domestic Workers Futsal League
Futsal may just be a game for some, but it can also be a form of escapism from the monotony of life or personal woes for others. And that's exactly what the inaugural Migrant Domestic Workers Futsal League aims to provide. We speak to Rasvinder Singh, Executive Director of D2D Sports - the company behind this inspiring initiative - to find out more.
READ MORE:https://str.sg/futsal
GET IN TOUCH:https://www.facebook.com/mdwfutsalleagueSee omnystudio.com/listener for privacy information.
3/23/2023 • 12 minutes, 56 seconds
Market View: Fed Chair Jerome Powell raises rates by 25bps; Contradicting messages by Powell and US Treasury Secretary Janet Yellen; UBS to shrink Credit Suisse’s US$10b shipping portfolio; Singapore’s headline inflation at 6.3%; Sembcorp Industries reportedly considering sale of its waste management unit; Boustead Projects to restore free float or be directed to delist
Singapore stocks opened lower today, following the US Federal Reserve’s move to hike interest rates by 0.25 per cent, the ninth increase in a year.
The Straits Times Index fell 0.6 per cent to 3,200.88 points after 74.4 million securities changed hands.
In terms of companies to watch, we have Sembcorp Industries, after a Bloomberg report suggested that the firm may be considering selling its waste management unit.
Meanwhile, investors continue to digest the latest quarter point rate increase by the US Federal Reserve overnight, as well as contradictory message
On Market View, the Drive Time team unpacked the key developments of the day with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.
3/23/2023 • 12 minutes, 8 seconds
Culture Club: Practices implemented to work towards social responsibility in the F&B industry
She arrived in Bali in 2016 after fully embracing a plant-based diet, training as a raw and vegan chef back in Perth.
And now she is a plant-based chef at Tanaman which is part of Desa Potato Head Bali. And her work for Tanaman means bringing themes of zero-waste to life as well as incorporating processes like fermentation into her signature dishes.
Dom Hammond, Plant-based Chef at Tanaman, Desa Potato Head Bali shares her experiences in becoming a plant based chef and Tanaman's vision and mission.
See omnystudio.com/listener for privacy information.
3/23/2023 • 10 minutes, 2 seconds
In the Spotlight: Single vs annual travel insurance plans, which will work better for you?
Travelling nowadays is vastly different from pre-Covid days, and travel insurance is a wise move to prevent any unpredictable situations. Single trip travel insurance plans are the usual default, but with six long weekends to look forward to in 2023, how can travellers save on travel insurance expenses? Are there more cost-efficient ways to protect ourselves?
Chen Thong Wah, Chief Product Officer, Etiqa Insurance gives his advice to travellers when it comes to buying travel insurance.
See omnystudio.com/listener for privacy information.
3/23/2023 • 10 minutes, 59 seconds
Under the Radar: In conversation with NEC APAC’s MD on trends in the information and communication technology scene; Focus on sustainability with smart digital business cards; Partnership with Stratus Technology to deliver computing solutions to enable Society 5.0; Plans for 2023
Have you ever passed through automated immigration at airports and wondered who are the people building these biometric systems?
Does NEC ring a bell? Yes, that’s one of the companies behind your smoother experience at airports.
But the company’s operation goes way beyond just biometric systems. NEC is a leading information and technology provider whose expertise includes solutions for carrier networks, biometric identification, enterprise applications and infrastructure and more.
And we want to speak to the people behind NEC’s APAC headquarters in Southeast Asia on what’s next on their cards.
Turns out they’re working on solutions such as smart digital business cards in Singapore, as well as solutions to achieve a goal called Society 5.0.
But what is in it for the firm to do so, and what are the trends influencing the information and communication technology scene right now?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Teh Chong Mien, Managing Director (Singapore), NEC APAC for more.See omnystudio.com/listener for privacy information.
3/23/2023 • 14 minutes
Your Health: Juggling being a humanitarian doctor, artist, wife and mother
She is a first of all, a humanitarian doctor, who was one of the “40 Under 40” awardees by Prestige, was recognised for her global contributions in healthcare, philanthropy and advocacy for underserved communities. And she is also an artist and a mum!
Dr. Tam Wai Jia, Humanitarian Doctor & CEO, Founder, Kitesong Global shares her experiences as a humanitarian doctor and what inspired her to engage Gen Zs, struggling with mental health challenges.See omnystudio.com/listener for privacy information.
3/23/2023 • 14 minutes, 25 seconds
Sports Minutes: The pain of being overlooked for a promotion
Have you ever been overlooked for a promotion? If so this one's for you, as Elliott and Raushan discuss the pain of not getting something you think you deserve in the professional world.See omnystudio.com/listener for privacy information.
3/22/2023 • 11 minutes, 56 seconds
Market View: Janet Yellen reiterates support for lenders; NIO’s CFO confident of doubling sales to 250,000 EVs this year; Merger of Credit Suisse and UBS on concentration; Possibility of more landmines for banks to come; US Fed’s rate decision and chances of a rate pause
Singapore shares opened on a healthy footing, following overnight gains in the US and Europe.
The Straits Times Index rose 0.6 per cent in early trade to 3,194.3 points, after 77.9 million securities changed hands.
In terms of companies to watch for today, we have automaker NIO, after the company’s CFO said it’s “very confident” of meeting its target of doubling sales to 250,000 electric vehicles this year.
Elsewhere, investors cheered comments from US Treasury Secretary Janet Yellen reiterating support for lenders after the collapse of two regional banks earlier this month, and set their sights on the latest Federal Reserve policy decision due on Wednesday. But how likely is a rate pause?
On Market View, the Drive Time team sat down with Eddy Loh, Chief Investment Officer, Maybank Group Wealth Management for more.See omnystudio.com/listener for privacy information.
3/22/2023 • 9 minutes, 53 seconds
Culture Club: Why is parental leave a thorny issue in Singapore?
Indeed's latest research shows that nearly half of the workforce in Singapore supports equal parental leave. This also comes on the back of the government’s plans to increase paid paternity leave from next year.
While more paternity leave is promising, can employers and employees walk the talk to better support this as part of the workplace culture?
On Culture Club, Drive Time's Elliot Danker speaks with Nishita Lalvani, Marketing Director, India and Southeast Asia, Indeed to find out. See omnystudio.com/listener for privacy information.
3/22/2023 • 8 minutes, 40 seconds
In the Spotlight: Building a successful cyber program
Clearly, policymaking and measures on cybersecurity is picking up pace across economies, but are businesses prepared?
According to Mandiant's Threat Intelligence global report, business leaders in Singapore still do not place enough emphasis on cyber threats to their organisation, and maintain a “it won’t happen to us” mentality, despite recent high-profile cyber attacks.
Yihao Lim, Lead Threat Intelligence, JAPAC, Mandiant gives his perspective on how businesses can build a successful cyber program. See omnystudio.com/listener for privacy information.
3/22/2023 • 12 minutes, 43 seconds
Regional Roundup: Will Thailand's upcoming elections see a political shift?
From Thailand holding its general election on May 14 and Malaysia's former Prime Minister Najib Razak calling out the irony in Dr Mahathir Mohamad accusing current Prime Minister Anwar Ibrahim of being a dictator.
Dr. Felix Tan, Political Observer, Nanyang Technological University shares his analysis of those headlines and more. See omnystudio.com/listener for privacy information.
3/22/2023 • 11 minutes, 6 seconds
Under the Radar: Behind your signatures - Dedoco on competition in the global e-Signing market; Domination by major players; Size of global e-Signing market to grow to over US$14b by 2026; Dedoco’s footprint in Singapore, Australia, Vietnam, Malaysia, Hong Kong and the US; Working with customers including ERA Realty and GovTech Singapore; Funding from True Global Ventures 1 Plus
Do you still remember the time where you signed off your first employment contract with a ballpoint pen?
Well, I’m asking this because we’re going to talk all about signatures, and in particular the rise of e-signatures today.
According to Deloitte, estimates of the global e-Signing market reached between US$2.3 billion and US$2.8 billion depending on the source in 2020. And with the COVID-19 pandemic changing the way businesses do things, the market has become one of the fastest growing in the world.
It is now projected to grow to over US$14 billion by 2026, with a compound annual growth rate of some 28 to 30 per cent. But with the market heavily dominated by major players such as DocuSign, how do other players in the industry assess the market and competition?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Daphne Ng, Co-founder and CEO of Dedoco.See omnystudio.com/listener for privacy information.
3/22/2023 • 14 minutes, 15 seconds
Sports Minutes: Dealing with the red mist & it's repurcussions
With Antonio Conte dominating the headlines for losing his cool in a post-match press conference, Elliott and Raushan discuss some high-profile implosions and it's implications.See omnystudio.com/listener for privacy information.
3/21/2023 • 13 minutes, 29 seconds
Market View: Potential legal action from Credit Suisse’s AT1 bondholders; Impact of banking crisis in the US and Europe on Asia and tightening cycle in China, the Philippines and India; Inflow of funds into Asia and Greater China region; Whether Asia can be seen as a safe haven amid ongoing volatilities; Expectation for Fed’s interest rate decision on Wednesday
Singapore shares opened higher today, after US and Europe equities rose overnight.
The Straits Times Index rose 0.8 per cent in early trade to 3,163.43 points after 73.6 million securities changed hands.
Further abroad, lawyers from Switzerland, the US and UK are talking to a number of Credit Suisse Additional Tier 1 (AT1) bondholders about possible legal action after the takeover by UBS wiped out AT1 bonds. But what can we expect on this front?
On Market View, the Drive Time team posed these questions to Ken Shih, Head of Wealth Management, Greater China, SAXO Markets.
They also spoke about the impact of the banking crisis in the US and Europe on Asia, as well as whether Asia can be seen as a safe haven amid the ongoing volatilities.See omnystudio.com/listener for privacy information.
3/21/2023 • 12 minutes, 4 seconds
Culture Club: A mobile app that puts the business school in your pocket
Would you want a mobile app that puts the business school in your pocket?
INSEAD has recently launched a first-of-its-kind subscription-based mobile app called the INSEAD Learning Hub for anyone interested in pursuing a lifelong learning educational experience.
As the world becomes increasingly complex and the business landscape changes faster than ever, how can executives continue to foster the culture of lifelong learning?
On Culture Club, Drive Time's Elliot Danker speaks with Swapnil Chugh, Chief Learning Innovation Officer, INSEAD to find out.See omnystudio.com/listener for privacy information.
3/21/2023 • 10 minutes, 44 seconds
In the Spotlight: China's reopening its borders to travel, tapping into the opportunities
Pan Pacific Hotels Group is looking at doubling its serviced suites portfolio by 2023, with new openings in key gateway cities. Why did the Group specifically decide to expand its serviced suites portfolio in a post Covid-19 world? And with China reopening its borders for travel, what are the opportunities present for the hotel industry?
Marcel Holman, Vice President of Operations for China, Indonesia and Japan & General Manager for Pan Pacific Orchard shares his views. See omnystudio.com/listener for privacy information.
3/21/2023 • 9 minutes, 39 seconds
China Perspective: What to expect from China-Russia talks
In focus this week, Chinese Premier Xi Jinping visits Moscow, on a three day state visit plus Former Taiwan President Ma Ying-jeou expected to visit China this month.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
3/21/2023 • 7 minutes, 45 seconds
Under the Radar: Conversation with Southeast Asia’s largest digital marketplace for alternative investments Alta; How ongoing financial volatility has impacted demand for alternative investments; Learnings from rising rates and diversification of customer base of PE investors and VC funds; Partnership with Iwan Tirta Private Collection to bring batiks to the world of investible alternatives; Alta’s new venture debt strategy with Lighthouse Canton
If you recall, we spoke with used car marketplace Carro some time last month. Today we’re going to bring you an inside look into yet another marketplace - but for alternative investments.
According to the company, Alta is Southeast Asia’s largest digital marketplace for alternative investments ranging from direct investments to late stage private companies, private equity and VC funds, asset backed securities of luxury assets, real estate and more.
Since 2016, the marketplace has completed over 1,000 transactions valued in excess of US$600 million and has created access for investors to invest in over US$22 billion worth of mandated opportunities globally.
But the question is - how will the ongoing turmoil in the global financial sectors and the collapse of Silicon Valley Bank affected demand for alternative investments on the platform? And what does this mean for Alta in screening investment opportunities available on its platform?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Kelvin Lee, Co-Founder and Chief Executive Officer, Alta.See omnystudio.com/listener for privacy information.
3/21/2023 • 13 minutes, 24 seconds
Market View: UBS’ US$3.25b takeover of Credit Suisse; Wipeout of Credit Suisse’s AT1 bonds; Yangzijiang Shipping ordered to wind up; Fed’s daily currency swaps for banks in Canada, Britain, Japan, Switzerland and the euro zone; Fed’s interest rate decision
Singapore shares opened lower today, tracking losses in global markets following ongoing banking woes worldwide.
The Straits Times Index fell 0.32 per cent in early trade to 3,173.17 points after 46.3 million securities worth S$55.1 million changed hands.
In terms of companies to watch, we have Yangzijiang Shipbuilding, after a unit of the company that used to hold 43 subsidiaries has been ordered by Singapore’s High Court to wind up. What’s happening there?
Meanwhile, investors continue to mull the state of the global financial sector after news that UBS had agreed to buy rival Credit Suisse in an eleventh-hour merger by Swiss authorities. But to what extent will this prevent a crisis of confidence from spilling over into the broader financial system?
On Market View, the Drive Time team posed these questions to David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
3/20/2023 • 14 minutes, 50 seconds
Under the Radar: Global executive search industry grew 17b euros between 2012 and 2021; Impact of tech layoffs and current economic climate on supply of available talent; Demand for headhunting services amid rising rates and collapse of Silicon Valley Bank; Whether the recent US banking crisis would push workers to move to seemingly harder to fail financial services firms and impact on executive search players; Trends in the global executive search industry
The Great Resignation is a term that we’ve heard a lot over the past year.
The term, which was coined in May 2021, described the phenomenon where workers quit their jobs after deferring their decisions to do so early on in the pandemic.
There’s a reason why I’m bringing this term up again - because the hiring scene is what we’re going to talk about on the segment today.
According to Statista, the global executive search industry grew some 17 billion euros between 2012 and 2021. But how sustainable is this trend amid the current state of the current economy, and what does this mean for headhunters?
Also - what does the ongoing series of tech layoffs and the banking crisis in the US mean for companies in the executive search industry?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Sam Belcher, Managing Partner, Asia Pacific, and Katherine Ho, Executive Director, Corporate Governance, Financial Services at The Edge Partnership for more. See omnystudio.com/listener for privacy information.
3/20/2023 • 13 minutes, 35 seconds
Sports Minutes: Are fans to blame for football's increasing influence?
Where do we draw the line between football and politics? Are us fans to blame for football's increasing influence? European football writer, Kaustubh Panday joins Elliot & Raushan to discuss this and much more.
Read more here:https://sportskhabri.com/why-footballs-increasing-influence-is-not-good-for-the-fans/
See omnystudio.com/listener for privacy information.
3/20/2023 • 15 minutes, 59 seconds
Culture Club: How can greater diversity and inclusion in the workplace benefit businesses?
Despite national conversations about gender diversity in tech, numbers are showing that women are still underrepresented, underpaid, and often discriminated against in the tech industry.
But without many companies realising it, diversity is critical to a company's performance.
Priya Lakshmi, Head of Startup Business, ASEAN, Amazon Web Services (AWS) shares how greater diversity and inclusion in the workplace can benefit a business. See omnystudio.com/listener for privacy information.
3/20/2023 • 14 minutes, 27 seconds
Washington Report: Ex-US President Donald Trump could be charged any day. What happens next?
Former US President Donald Trump could be charged in New York as soon as this week for allegedly covering up hush money payments to a porn star during his 2016 presidential campaign, nearly seven years after the money changed hands.
If he is indicted, it would be the first criminal case ever brought against a former US president. What happens next?
On Washington Report, Drive Time's Elliot Danker speaks with Steve Okun, Senior Advisor, Mclarty Associates to find out more. See omnystudio.com/listener for privacy information.
3/20/2023 • 13 minutes, 18 seconds
Sports Minutes: Saudi in the spotlight
Saudi Arabia is in the spotlight on this episode, with Lewis Hamilton indicating his unease over return to the country for the Jeddah Grand Prix - after the 2022 edition was marred by missile strikes on an oil facility near the circuit. Gianni Infantino has also been speaking about the gulf-state, with the FIFA President discussing Saudi sponsorship for football events.
See omnystudio.com/listener for privacy information.
3/17/2023 • 13 minutes, 28 seconds
Market View: Singapore Stock Market Wrap; Impact of Singapore key exports contraction on STI; MAS on trio of local banks’ exposure to Credit Suisse; Thai Beverage on plans to list or sell spirits business; SIAS on Boustead Singapore’s bid to acquire Boustead Projects; Major US banks to inject US$30b into First Republic Bank; Indian startups’ exposure to SVB
Singapore stocks opened higher today, tracking solid gains in global markets following several major developments in the banking sector worldwide.
Back home, data from Enterprise Singapore also showed key exports contracted for the fifth straight month in February, albeit at a slower pace than the month before, as the decline in non-electronic shipments eased.
The Straits Times Index rose 0.5 per cent to 3,170.38 points in early trade after 148.9 million securities changed hands.
The banking sector in Singapore continues to be in focus today after the Monetary Authority of Singapore said yesterday that the trio of Singapore banks’ exposures to Credit Suisse are insignificant and that the banks are well-capitalised and conduct regular stress tests against credit and other risks.
On Market View, the Drive Time team got down to the details with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
3/17/2023 • 14 minutes, 36 seconds
Your Health: Understanding the most common form of leukaemia in adults
Acute Myeloid Leukaemia (AML) is the most common type of leukaemia for adults in Singapore, especially among those 65 years old and above. However, despite it being so common, survival rates are low, an average of 27 percent of adults diagnosed with AML are expected to live past five years. So what are the treatment options for AML, how effective are they, and is it possible for doctors and patients to stay a step ahead of the disease?
Dr Yvonne Loh, Haematologist, Curie Oncology tells us more. See omnystudio.com/listener for privacy information.
3/17/2023 • 8 minutes, 57 seconds
Culture Club: What's new in the Singapore edition of the Van Gogh: The Immersive Experience
The internationally renowned 360-degree digital immersive art experience, Van Gogh: The Immersive Experience, made its Southeast Asian debut at the Resorts World Sentosa (RWS) on 1st March 2023. But how is this edition in Singapore different?
Natalie Hong, Exhibition Director, Van Gogh: The Immersive Experience tells us more. See omnystudio.com/listener for privacy information.
3/17/2023 • 9 minutes, 26 seconds
In The Spotlight: From lab coats to CEO of global biotech - Paving the way for disruption in Asia’s oncology drugs space’
The biotechnology scene in Asia is rapidly growing and has become a major player in the biotech industry globally. And in recent years, Singapore has also become a hub for biomedical startups.
Vishal Doshi, Chairman & CEO, AUM Biosciences shares how he is paving the way for disruption in Asia’s biotech landscape and oncology drug space. See omnystudio.com/listener for privacy information.
3/17/2023 • 11 minutes, 55 seconds
Weekly Wrap Up: Grab introduces new safety feature, possible implications
Grab Singapore has introduced a feature on its app that allows passengers and the driver to record audio for safety purposes. But how would such a feature help passengers and drivers in any dispute? Privacy out of the window?
Jeremiah Chew, Associate Director, Ascendant Legal shares his views. See omnystudio.com/listener for privacy information.
3/17/2023 • 13 minutes, 10 seconds
Under the Radar: All about Bubble Tea with Gong Cha Global’s Founder; Southeast Asia spent US$3.7 billion on bubble tea and similar “new tea” drinks in 2021; Gong Cha’s presence in Singapore; On competing in a saturated market and product differentiation; China’s bubble tea market to double that of coffee; Gong Cha’s Global Franchisee Convention; Expansion across the Americas and future plans
At this time of the day we want to ask the question - what’s for - not dinner, but what’s for tea break!
How about bubble tea? Speaking of bubble tea - here’s a fun fact. Did you know that Southeast Asia spent US$3.7 billion on bubble tea and similar “new tea” drinks in 2021?
That, by the way, is according to a report published by venture outfit Momentum Works and payments startup qlub, which also found that Indonesia’s bubble tea industry ranked first in terms of market size with an annual turnover of US$1.6billion.
Singapore, despite being the smallest nation in the region, came in fourth with an annual turnover of US$342 million.
The numbers tell us just how much Singaporeans or Southeast Asians love our bubble tea. But it also raised more questions as to what the sheer market size means for bubble tea chains and the expansion of their franchise operations.
Also with over 60 active bubble tea brands in Singapore and 31,000 stores and other retail channels in Thailand, is the market oversaturated now?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Martin Berry, Founder & Chairman Gong Cha Global. See omnystudio.com/listener for privacy information.
3/17/2023 • 14 minutes, 14 seconds
Market View: Prudential’s profits down 54% yoy due to its Indonesia segment; CapitaLand Integrated Commercial Trust’s subsidiary issuing HK$755m fixed rate notes; First year ‘anniversary’ of US Fed hikes; Credit Suisse to borrow 50 billion francs from Swiss National Bank; Saudi National Bank will not up stake in Credit Suisse; Launch of Baidu’s Ernie Bot to rival OpenAI’s ChatGPT
Singapore shares started the day lower after US and European markets ended mostly in the red overnight, as a liquidity crisis faced by Credit Suisse sparked fears across trading floors.
The Straits Times Index shed 0.9 per cent in early trade to 3,143.43 points as 48.2 million securities changed hands.
In terms of companies to watch, we have Prudential. The insurer yesterday posted profit from continuing operations of US$998 million for FY2022. That’s down 54 per cent from the previous year due to a decline in profit from its Indonesia segment.
Meanwhile, the global financial sector continues to be in focus after signs of trouble at Swiss lender Credit Suisse sent traders running for the hills.
On Market View, the Drive Time team closer look at these developments with David Chow, Director Azure Capital. They also discussed Credit Suisse’s move to borrow from the Swiss National Bank and the launch of Baidu’s Ernie Bot shortly after OpenAI’s unveiling of GPT-4. See omnystudio.com/listener for privacy information.
3/16/2023 • 14 minutes, 3 seconds
Sports Minutes: With age comes experience?
With Zlatan Ibrahimovic being called up to the Sweden National Team at the age of 41, we wonder is old truly gold? See omnystudio.com/listener for privacy information.
3/16/2023 • 11 minutes, 50 seconds
Culture Club: Kopitiam’s transition to a fully digital loyalty programme
If you own a physical Kopitiam card, you would have heard that the cards will transition to the FairPrice app. And to help patrons with the transition, Kopitiam have deployed more than 80 digital buddies at 15 high-volume outlets from March to June to help patrons transition from physical Kopitiam cards to the FairPrice app.
Pauline Png, Head, Customer Experience and Marketing (Food services), FairPrice Group shares more on how the Group is helping patrons with the transition. See omnystudio.com/listener for privacy information.
3/16/2023 • 9 minutes, 39 seconds
Under the Radar: Conversation with CEO of Marco Polo Marine on the shipbuilding and ship chartering business; Positioning in the marine logistics industry; Demand for shipbuilding and repair projects and contracts this quarter; Completion of extension works on Dry Dock; Interest for chartering from oil and gas and wind farm sectors
If you recall, we spoke about ship chartering on the segment last week. Today we want to double down on that conversation by giving you an inside look into a Singapore-listed integrated marine logistics company called MarcoPolo Marine.
The company works with customers of varying industries on ship chartering and even transhipment services of tugboats and barges.
Besides that, Marco Polo Marine also builds and repair ships. It has a shipyard occupying over 34-hectares of land area in Batam Indonesia, and has supplied at least 100 tugs and barges and Anchor Handling Tug Supply Vessels.
The firm recently posted a gross profit of S$6.6 million for the first quarter ended December, up 153.8 per cent from the year ago period thanks to more ship-repair activities and larger contracts from customers. But how are things like for the current quarter?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Sean Lee, Chief Executive Officer, Marco Polo Marine for more.See omnystudio.com/listener for privacy information.
3/16/2023 • 12 minutes, 26 seconds
Culture Club: Will Padang Civic Ensemble make it to Unesco's World Heritage Site list?
The Padang Civic Ensemble has been placed on Singapore’s tentative list of Unesco World Heritage Sites, paving the way for it to be nominated as the country’s second World Heritage Site after the Singapore Botanic Gardens.
The National Heritage Board says the ensemble is most likely to fulfil one of 10 criteria for World Heritage Sites, as an "outstanding example of a type of building, architectural or technological ensemble or landscape" that illustrates a significant stage, or stages, in human history.
On Culture Club, Drive Time's Elliot Danker speaks with Jean Wee, Director, Preservation of Sites & Monuments, National Heritage Board to find out how the ensemble could fulfil the requirements.See omnystudio.com/listener for privacy information.
3/16/2023 • 9 minutes, 30 seconds
Euro Watch: Tensions with US-Russia drone downing & UK unveils cost-of-living budget as strikes rage
A US military MQ-9 surveillance drone crashed into the Black Sea on Tuesday after being intercepted by Russian fighter jets, in the first such incident since Russia’s invasion of Ukraine more than a year ago. What ramifications will that have for already tense Russia-US relations?
In the UK, Chancellor Jeremy Hunt delivered his first Budget on Wednesday, vowing a US$114 billion in cost-of-living support for this year and next, as it forecast the UK to stay out of recession and inflation to slow sharply. As strikes continue to rage on, will we see more being done to alleviate this issue?
On Euro Watch, Drive Time's Elliot Danker speaks with Dr Samir Puri, Visiting Lecturer in War Studies at King's College London and author of 'Russia's Road to War with Ukraine' for more insights. See omnystudio.com/listener for privacy information.
3/16/2023 • 10 minutes, 37 seconds
Sports Minutes: Singapore set to host the (Esports) Olympics
With Singapore set to host the Olympic Esports Week between 22 to 25 June 2023 - we speak to Mark Chay, co-chair of the Singapore Organising Committee of the Olympic Esports Week.
Find out more here: https://olympics.com/ioc/news/ioc-confirms-singapore-as-host-of-first-olympic-esports-week-in-june-2023See omnystudio.com/listener for privacy information.
3/15/2023 • 13 minutes, 25 seconds
Market View: Banking stocks on the mend after fallout from SVB’s collapse; Ho Bee Land’s sale of industrial properties; Wing Tai’s profit warning; Meta cutting 10,000 jobs; OpenAI to come up with GPT-4; Possibility of TikTok splitting from ByteDance; US to release chip-sending guardrails; US CPI up 6% you and prospects of a 25bps rate hike in March
Singapore shares began the day on a healthy footing, as banking stocks swung back into the green after yesterday’s declines.
The Straits Times Index gained 1.3 per cent to 3,169.99 points in early trade after 54.4 million securities changed hands.
Some notable names seeing new developments include real estate company Ho Bee Land, which is selling two of its industrial properties to an unrelated third party for S$115 million.
Elsewhere, the global tech sector continues to make the headlines for a number of reasons.
Tech giant Meta is cutting 10,000 jobs in its second round of layoffs, TikTok is discussing the possibility of separating from its Chinese parent company ByteDance, while OpenAi unveiled GPT-4, that can perform well on a range of standardised tests.
On Market View, the Drive Time team unpacked the developments with Toby Gresham , Investment Counselor Team Lead, Citi Private Bank.See omnystudio.com/listener for privacy information.
3/15/2023 • 13 minutes, 9 seconds
In the Spotlight: Benefits of online alternative dispute resolution
The word ‘sue’ has grown to become a catch-all term that represents legal recourse colloquially. However, litigation, which is more formally known, has the potential to deal significant disruptions and distractions to both the plaintiff and the defendant.
So how can alternative dispute resolution perhaps be the better choice to resolve disputes?
Colin Millward, COO & Co-Founder, ResoX shares his views. See omnystudio.com/listener for privacy information.
3/15/2023 • 10 minutes, 1 second
Regional Roundup: Could Myanmar be implicated in Russia’s war against Ukraine?
From Malaysia’s Prime Minister Anwar Ibrahim sticking to his decision to reinstate the country’s GST anytime soon to Indonesia's court controversial court ruling to delay the 2024 presidential and general elections until 2025.
Dr. Felix Tan, Political Observer, Nanyang Technological University gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
3/15/2023 • 11 minutes, 26 seconds
Under the Radar: In the market for virtual humans? - MediVR’s COO on the intricacies involved in the business; R&D costs; Getting MediVR’s virtual humans in healthcare, job interview training and financial advisory settings; Global virtual humans market to reach US$440.3b by 2031; On being Microsoft Mixed Reality Partners and NVIDIA Inception Members; Partnerships with institutions and hospitals
Could AI have a hand in equipping healthcare professionals with people management and communication skills?
Well according to the founders of Singapore-based AI Startup MediVR, it can!
MediVR is apparently creating generative AI virtual humans that can perceive, talk and respond with human-like training behaviour, allowing professions to practise their people management and communication skills in a safe environment and with greater efficiency.
Aside from doctors, MediVR said its virtual humans have also been used to train Teachers, Social Workers and Financial Advisors.
But how much money is the market for virtual humans worth? And what are the intricacies involved for a company making money out of virtual humans?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Jeremy Ong, COO and Co-founder, MediVR.See omnystudio.com/listener for privacy information.
3/15/2023 • 14 minutes, 15 seconds
Culture Club: First in Singapore to bring in rare red & pink diamonds to collectors
The most precious diamonds and the rarest of them all: red and pink diamonds.
If you’re looking to invest in these rare gems, you’ll want to know that a Fortune Pink diamond sold last year for more than US$28.5 million at a Christie’s auction in Geneva.
Now, Singapore's gem collectors recently got their chance this week to get their hands on extremely rare pink diamonds from the now-defunct Argyle Pink Diamond Mine.
On Culture Club, Drive Time's Elliot Danker speaks with Esther Ho, Founder, MUS Zenith Affair to find out more. See omnystudio.com/listener for privacy information.
3/15/2023 • 12 minutes, 9 seconds
Sports Minutes: Social Media 101
Should one's social media be policed? If yes, by who? If no, why not? Elliott and Raushan discuss the pros and cons of the Social Media spaceSee omnystudio.com/listener for privacy information.
3/14/2023 • 11 minutes, 24 seconds
Market View: Sembcorp Industries’ JV to build solar power plant in Oman; Yoma Strategic to restructure debt facilities for Yoma Central; Containing the fallout from the collapse of SVB and Signature Bank; US President Joe Biden vows tougher bank regulations; First Republic shares slumped on contagion fears; US CPI expectations for February
Singapore shares slipped in the first few minutes of trade today, extending the previous day’s losses.
The Straits Times Index headed down 0.6 per cent to 3,112.54 points in early trade after 176.7 million securities changed hands.
Some notable names seeing new developments include Sembcorp Industries, with its 80 per cent-owned joint venture clinching a contract to build, own and operate a 500 megawatt solar power plant in Oman.
Meanwhile, global bank stocks continued to take a beating around the world amid the collapse of Silicon Valley Bank and Signature Bank even as US President Joe Biden declared that the US banking system was safe and vowed stiffer bank regulations.
On Market View, the Drive Time team unpacked these developments with Robert St Clair, Managing Director and Strategist at Fullerton Fund Management.See omnystudio.com/listener for privacy information.
3/14/2023 • 11 minutes, 20 seconds
China Perspective: Xi vows to build military into a 'great wall of steel'
From China’s two sessions wrapping up plus China’s President Xi Jinping’s plans to visit Russia as soon as next week.
Dr Bates Gill, Executive Director of the Center for China Analysis, Asia Society Policy Institute gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
3/14/2023 • 9 minutes, 29 seconds
Under the Radar: Conversation with Transcelestial’s CEO on using laser beams to bring superfast connectivity to the masses; Assessment of competitors like OneWeb, Starlink or Sumitomo Electric; Partnerships with telcos and enterprise partners; Global laser communication market to reach US$3.6b by 2030; US$10m Series A2 led by Airbus Ventures; Expansion into the US market
Have you ever wondered what’s behind our 4G, or wifi connectivity? How about a network of shoebox-sized devices sending lasers to one another?
Well, that’s what Singapore-based startup Transcelestial does to bring superfast connectivity to the masses. The company also recently bagged US$10 million in its Series A2 funding led by Airbus Ventures.
Other investors including Cap Vista - which is the strategic investment arm of Singapore’s Defence Science and Technology Agency - have participated as well.
Transcelestial has said then that the funds will be used to ramp up growth in Indonesia, India, the Philippines, Malaysia and Singapore. But to what extent is the company on track to achieve that?
The company is also planning to enter the US market soon, but what can we expect on that front?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Rohit Jha, CEO and Co-founder, Transcelestial for more. See omnystudio.com/listener for privacy information.
3/14/2023 • 15 minutes, 1 second
Sports Minutes: Peter Lim, a hero or zero?
In October 2014, Valencia were taken over by Peter Lim, making the Singaporean businessman the first foreign owner in the club’s history. Then lauded as a hero who saved the well-established La Liga club from bankruptcy, Lim's stock has drastically dropped to an all-time low in 2023 - with Valencia mired in a relegation battle, and fans unhappy with the way Lim operates at the club.
James Walton, Sports Business Leader for Deloitte Singapore and Southeast Asia, weighs in on Peter Lim's tumultuous reign.See omnystudio.com/listener for privacy information.
3/13/2023 • 15 minutes, 26 seconds
Market View: How the Silicon Valley Bank collapsed within 48 hours - marking the biggest banking failure since 2008’s Global Financial Crisis; Collapse of Signature Bank; Impact on startups around the world and in Singapore; Contagion effect on Singapore’s banking sector; HSBC’s acquires SVB’s UK arm for £1; What the collapse suggest about the health of tech firms in the US; FDIC’s assurance; Impact of Fed’s interest rate decision in March
Singapore shares opened slightly weaker today, with banks opening in the red on contagion fears after the US regulators shut Silicon Valley Bank to protect customer deposits.
On the local bourse, the Straits Times Index headed down 0.2 per cent to 3,171.41 points in early trade after 101.5 million securities changed hands.
Meanwhile, state regulators in the US had on Sunday shuttered a second bank - the New York based- Signature bank on Sunday.
That bank had total assets of about US$110.36 billion and total deposits of roughly US$88.59 billion as at Dec 31.
The big question here is to what extent is this a reflection of the performance of the tech sector in the US? Also - to what extent will this affect the financial and technology sectors here in Singapore.?
On Market View, the Drive Time team posed these questions to David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
3/13/2023 • 20 minutes, 37 seconds
Building a culture of cybersecurity: Start investing in your employees
When people think about cybersecurity, they often think of technical security measures to help protect their businesses.
While these measures are important, the behaviour of employees is also critical for an organisation's cyber defence. How can organisations better strengthen their security posture by investing in its people?
Drive Time's Elliot Danker speaks with Benjamin Tan, CEO of Red Alpha Cyber Security to find out. See omnystudio.com/listener for privacy information.
3/13/2023 • 13 minutes, 34 seconds
In the Spotlight: Uncovering e-commerce insights that will help brands on Shopee stay relevant and adapt
Shopee Singapore has recently unveiled its report, ‘Past the Starting Line: Adapting to Singapore’s Digital Consumers in 2023’.
But how can such data driven insights allow businesses to more strategically leverage e-commerce and digital services to stay relevant and achieve their goals in this changing digital landscape?
Veron Thong, Brand & Comms Lead, Shopee Singapore shares how brands can use findings from this study to help them with stay relevant in the e-commerce scene. See omnystudio.com/listener for privacy information.
3/13/2023 • 10 minutes, 35 seconds
Washington Report: Silicon Valley Bank collapse & how the US will intervene
On Washington Report, Drive Time's Elliot Danker and Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College break down the biggest headlines out of the United States from Silicon Valley Bank’s sudden collapse, the mega submarine deal under the AUKUS agreement to the controversial Willow oil drilling project in Alaska.See omnystudio.com/listener for privacy information.
3/13/2023 • 10 minutes, 15 seconds
Under the Radar: Conversation with CEO of Mount Elizabeth Hospital on the return of medical tourists to Singapore; Focus on Value-Driven Outcomes and IHH’s target to achieve 90% of VDO at or above international benchmarks by 2025; Being the first hospital to acquire world’s first photon-counting CT; Trends in the private healthcare industry
Singapore is known to be a medical tourism hub due to its good facilities and services, with the country’s healthcare system ranked first in Asia and fourth in the world in the Medical Tourism Index by US-based Healthcare Research Centre.
According to the Yusof Ishak Institute Singapore, about 500,000 foreign patients visited Singapore annually for medical treatment prior to the pandemic.
While a bulk of them stopped entering Singapore in 2020 due to the pandemic, it seems like premium regional medical tourists are returning again.
But to what extent has that boosted business for private healthcare providers? Well, that's what we are going to find out from Mount Elizabeth Hospital today.
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Yong Yih Ming, CEO, Mount Elizabeth Hospital to find out.See omnystudio.com/listener for privacy information.
3/13/2023 • 13 minutes, 53 seconds
Sports Minutes: End of the road for Joseph Schooling?
For the first time since his 2011 debut, Joseph Schooling will not represent Singapore at the biennial SEA Games. Saddled by National Service commitments and matters away from the pool, is this the end of the road for Singapore's only Olympic champion? Nicholas Fang, Managing Director at Black Dot & a well-known sportsman who has represented Singapore in both fencing and triathlon weighs in. See omnystudio.com/listener for privacy information.
3/10/2023 • 14 minutes, 50 seconds
Market View: Singapore stock market wrap; Ascent Bridge’s chief executive faces bankruptcy charges; CDL’s acquisition of St Katharine Docks in London; Del Monte’s net profits down 62% yoy; SVB Financial Group’s move to raise cash; US President Joe Biden’s budget proposal; Non-farm payroll figures
Singapore shares struggled to advance at the open, following a retreat on Wall Street amid worries over the financial sector.
The Straits Times Index headed down 0.6 per cent in early trade to 3,194.73 points, after 54.3 million securities changed hands.
Some notable names seeing new developments include City Developments Limited, after the property developer completed its acquisition of the St Katharine Docks development in London for £395 million (S$636 million). But how significant is the acquisition for CDL?
Another company to watch would be Del Monte Pacific, after the canned food brand posted a net profit of US$9.8 million for the third quarter ended Jan 31. That’s down 62 per cent year on year despite higher turnover. Is this a cause for concern?
On Market View, the Drive Time team got down to the details with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
3/10/2023 • 11 minutes, 50 seconds
Culture Club: The growth of lifestyle retail pop-up Boutique Fairs Singapore
The Boutique Fairs Singapore Spring Summer edition is back this month to showcase over 250 brands, including more than 40 exciting new brands making their debut.
On Culture Club, Drive Time's Elliot Danker speaks with Charlotte Cain, Founder & Director of Boutique Fairs to find out what to expect from the 3-day event happening from 17 to 19 March. They also discuss how changing consumer demands have led to the growth of the lifestyle retail pop-up scene here in Singapore. See omnystudio.com/listener for privacy information.
3/10/2023 • 11 minutes, 33 seconds
In the Spotlight: Intergenerational differences between receiving and showing care
Receiving and showing care, is there any way to do them right? Income Insurance has recently released findings from its online ‘Real Care’ survey.
And it examines how Singaporeans show and receive care with loved ones including family and friends in today’s digital era where expressions of care are often reduced to virtual emojis and text messages.
Dhiren Amin, Chief Customer Officer, Income shares the findings from the study and if there is a way to make everyone, no matter the age, have the same idea when it comes to receiving and showing care.
See omnystudio.com/listener for privacy information.
3/10/2023 • 8 minutes, 7 seconds
Weekly Wrap Up: Covid-19 White Paper - Was there really a need for it?
As Singapore transitions into a new endemic Covid-19 normal, the government has released the White Paper on Singapore's response to Covid-19.
But was there a need to release such a white paper? Does the paper strike a balance between being both candid and self-critical?
Dr. Felix Tan, Political Observer, Nanyang Technological University shares his views. See omnystudio.com/listener for privacy information.
3/10/2023 • 9 minutes, 50 seconds
Under the Radar: Cargill on its ocean transportation business; Demand for ocean transportation now vs at the start of the Russia-Ukraine conflict; Signing of long-term charter deal for two dry bulk ships; Opportunities in ocean transportation; Use of wind power for cargo ships to reduce fuel use by 20-30%; Global cargo shipping market to grow to 13.19 billion tonnes in 2028
We’re going to speak to global food corporation Cargill today. And in case you’re wondering - we are not going to talk about commodities.
But instead we’re going to talk about their ocean transportation unit, with the company being one of the world’s biggest ship charterers.
The company is seeing several developments relating to its cargo shipping business of late. It has signed a longer-term charter deal for two dry bulk ships which will be delivered at the end of 2025 and at the start of 2026.
In addition, it is also stepping up a push to resurrect wind power for cargo ships, which Cargill believes could reduce fuel consumption by 20 to 30.
But what do the developments suggest about the demand for shipping services and the longer term opportunities in the global cargo shipping industry, which is expected to grow to 13.19 billion tons in 2028?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Lim Ying Ying, Ocean Transportation Lead for Asia Pacific and Managing Director of Cargill Ocean Transportation Singapore. See omnystudio.com/listener for privacy information.
3/10/2023 • 13 minutes, 47 seconds
Culture Club: How the CPF contribution increase will impact F&B delivery businesses
With the rise of F&B delivery services, it’s no surprise that the ‘gig economy’ has gained traction in Singapore, as more people start to embrace flexible work options and opt for freelance work.
How will the increase in CPF for gig workers in the F&B industry's food delivery sector and the adjustment of CPF contribution rates affect gig workers and F&B delivery businesses?
On Culture Club, Drive Time's Elliot Danker speaks with Jonathan Lim, Co-founder and CEO, Oddle to find out. See omnystudio.com/listener for privacy information.
3/9/2023 • 11 minutes, 8 seconds
Euro Watch: What UK’s small boats plan mean for relations with France
French president Emmanuel Macron is to stretch out the hand of friendship to Britain when he meets UK Prime Minister Rishi Sunak for a Franco-British summit in Paris on Friday.
The two leaders are expected to agree new measures to tackle the 'small boats' crisis, boost defence co-operation and seek to restore social ties between Britain and France.
On Euro Watch, Drive Time's Elliot Danker speaks with Chris Humphrey, Executive Director, EU-ASEAN Business Council to find out more about the key headlines out of the region. See omnystudio.com/listener for privacy information.
3/9/2023 • 9 minutes, 43 seconds
Sports Minutes: Accepting criticism
How can criticism be constructive? And how should one react to being criticised, both in sports and in life? See omnystudio.com/listener for privacy information.
3/9/2023 • 14 minutes, 15 seconds
Market View: Sabana Industrial Real Estate Investment Trust’s partial offer by Volare Group declared unconditional; Fitch Ratings downgraded Lippo Malls Indonesia Retail Trust to CCC; Japan’s economy narrowly avoided recession in 4Q; Clues from US Federal Reserve’s Beige Book; Jobs report expectations; Likelihood of 50bps Fed rate hike in March
Singapore shares opened on a positive note today after Wall Street equities ended mixed overnight.
The Straits Times Index gained 0.2 per cent in early trade to 3,231.92 points after 40.1 million securities changed hands.
In terms of companies to watch, we have Sabana Industrial Real Estate Investment Trust. That’s because a partial offer by Volare Group to acquire an additional 10 per cent of the Reit has been declared unconditional in all respects.
We’re also tracking Lippo Malls Indonesia Retail Trust after Fitch Ratings downgraded the trust’s long-term issuer default ratings from CCC+ to CCC.
On Market View, the Drive Time team unpacked the developments with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.
3/9/2023 • 10 minutes, 15 seconds
In The Spotlight: Why hotels reign supreme in Singapore
Alternative accommodations have been a hot niche category growing on Booking.com globally. However, Singapore differs from its global counterparts, with hotels being a top favourite. What are the reasons behind this?
In The Spotlight, Drive Time's Elliot Danker speaks with Nuno Guerreiro, Regional Director, South Asia, Oceania & Chains, Booking.com to find out.
They also discuss Booking.com's annual Traveller Review Awards 2023 for Singapore as well as travel trends that are shaping up for the rest of the year. See omnystudio.com/listener for privacy information.
3/9/2023 • 13 minutes, 19 seconds
Under the Radar: Homage on the fragmentation in the elder care market; Size of elder care market to rocket up to USD 1,268.43b by 2029; Trends in elder care market; Partnerships with AIC and DBS; Further possible funding rounds and IPO
Today we’re going to take a look at something that is close to our heart - ageing and eldercare.
According to a UN report, there were 703 million persons aged 65 years or over in the world in 2019, and that number is projected to double to 1.5 billion in 2050.
And as the world population ages, one of the most urgent needs for families is caregiving , with demand outstripping the pool of qualified operators.
What that means is that those in their thirties and forties - also known as the “sandwich generation” - end up shouldering most of the burden.
But what that also presents is an opportunity for tech startups and investors in almost every market in the world. Question is how are businesses bridging that gap?
Homage is a platform that pairs caregivers with family. The platform focuses on on-demand holistic home and community-based caregiving to seniors and adults for illnesses such as Dementia and Stroke.
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Azusa Hanai, Chief Product Officer, Homage for more.See omnystudio.com/listener for privacy information.
3/9/2023 • 14 minutes, 8 seconds
Culture Club: From stricter penalties when you give up your BTO queue number to 'scary' red BTO in Tampines
Home ownership for Singaporeans continues to be a focus, particularly in the Build-To-Order space.
From new measures to help first-timers get their HDB flats to ‘scary’ red-themed blocks in the Tampines North BTO project - the whole public housing system is under the spotlight once more.
On Culture Club, Drive Time's Elliot Danker speaks with Nicholas Mak, Head of Research & Consultancy, ERA Realty for a deep dive into the latest real estate trends in Singapore. See omnystudio.com/listener for privacy information.
3/8/2023 • 12 minutes, 15 seconds
Market View: Cosco Shipping International’s JV with Supply Fortune to invest in logistics infrastructure assets; Lian Beng’s new construction project bumps order book in Singapore to S$2.1b; Fed Chair Jerome Powell’s testimony before the Senate Banking Committee; Exchange with Senator Elizabeth Warren on impact of hikes on unemployment
Singapore shares started the day in the negative territory, after interest rate hike fears spread across global markets overnight.
The Straits Times Index (STI) was down 0.3 per cent in early trade to 3,235.95 points after 186.9 million securities changed hands.
Some companies seeing new developments include Cosco Shipping International, which formed a joint venture with its associate, Supply Fortune, to invest in logistics infrastructure assets.
Meanwhile, investors continue to sieve through details from US Federal Reserve Chair Jerome Powell’s hawkish comments before the Senate Banking Committee.
On Market View, the Drive Time team sieved through the details with Christopher Forbes, Head of CMC Invest Singapore.See omnystudio.com/listener for privacy information.
3/8/2023 • 10 minutes, 36 seconds
Sports Minutes: Against all odds
To commemorate International Women's Day, Elliott and Raushan are in conversation with Singaporean sporting royalty Yip Pin Xiu. The 5-time Paralympic gold medallist shares her tale on overcoming adversity, fighting for diversity and pushing for a more inclusive society.See omnystudio.com/listener for privacy information.
3/8/2023 • 11 minutes, 55 seconds
In the Spotlight: Where employers are hunting for talent in Southeast Asia
While blockchain and crypto hiring may have taken a back seat, we are still seeing companies actively hiring as we move away from a hiring slump due to Covid-19 in the last few years.
But where are companies hunting for talents? Are talent from Southeast Asia in demand?
Puay Lim Yeo, Managing Director, Glints shares his views on why companies are looking for talent from Southeast Asia. See omnystudio.com/listener for privacy information.
3/8/2023 • 12 minutes, 59 seconds
Regional Roundup: 'Malaysia could become like Singapore with non-Malay PM'
From former Malaysian PM Mahathir Mohammad making a comment saying that 'Malaysia could be like Singapore with non-Malay PM' to a Thai man sentenced to two years in prison for selling calendars featuring satirical cartoons of yellow ducks that a court said mocked the country’s monarch.
Bridget Welsh, Political Analyst and Honorary Research Associate, University of Nottingham Malaysia gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
3/8/2023 • 9 minutes, 27 seconds
Under the Radar: Conversation with CCO of one of Singapore’s largest co-living accommodation operators; Demand of co-living solutions with residential prices expected to rise 10-15% in 2023; Coliwoo’s aggressive expansion; Launch of largest co-living residence in Orchard; En bloc purchase of GSM building; Shophouse go-living lifestyle hub concept
We’re going to talk all about housing - and in particular about co-living solutions on the segment today.
According to a quarterly survey by the University of Singapore Real Estate, which was released just a couple of weeks ago, industry players expect the co-living market to continue growing with skyrocketing housing costs and growing inflationary pressure.
The results also follow a strong year for the co-living market, with operators seeing high occupancy rates of over 95 per cent throughout 2022. But what does that mean for prices of co-living solutions? How are operators co-living properties tapping the rise in home prices? And what are some of their expansion plans?
Let’s pose this question to Coliwoo, which is one of the largest co-living accommodation operators in Singapore.
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Chong Ching Yeng, Chief Commercial Officer, Coliwoo. They also talked about the company’s aggressive expansion plans, having announced last year plans to launch over 10 properties.See omnystudio.com/listener for privacy information.
3/8/2023 • 13 minutes, 38 seconds
Sports Minutes: Can the strawberry generation deal with punishments?
What is your stand on punishments at the work place? Can the strawberry generation deal with it? Elliott and Raushan discuss this and much more!See omnystudio.com/listener for privacy information.
3/7/2023 • 14 minutes, 10 seconds
Market View: China-focused Reits outperformed peers on SGX; Reading into China’s lower-than-expected GDP target vs incoming PMI data; US February jobs report; Asset allocation strategy in the near term; Impact of current economic environment on tech giants such as Grab and Meta
Singapore shares fell today following mixed activity in US and Europe markets.
The Straits Times Index fell 0.1 per cent to 3,236.61 points in early trade after 157 million securities changed hands.
Some companies seeing new developments include Yangzijiang Financial Holdings, which is partnering with Singapore-based fund manager Tahan Capital Management to invest in private credit assets in Asia.
Meanwhile, several China-focused Reits have outperformed their peers listed on the Singapore Exchange over the last six months amid China’s recovery, but what does this suggest about the speed of China’s recovery from the pandemic?
On Market View, the Drive Time team unpacked these developments with James Cheo, Chief Investment Officer, Southeast Asia at HSBC Global Private Banking and Wealth.See omnystudio.com/listener for privacy information.
3/7/2023 • 9 minutes, 21 seconds
Culture Club: Real gems vs lab grown gems, what is the difference in valuation and investment power?
Burmese Ruby is one of the rarest and most treasured ruby gemstones mined from Myanmar and it is expected to be extinct soon. So can a gemstone like this be created in a lab? Real gems vs lab grown gems, what is the difference in valuation and investment power?
Danilo Giannoni, Founder and Creative Director, Arte Oro shares his views. See omnystudio.com/listener for privacy information.
3/7/2023 • 12 minutes, 23 seconds
In the Spotlight: Weave Living chooses Singapore as first international outpost of the brand
Weave Living, Asia-Pacific’s leading fully-integrated lifestyle rental accommodation provider, will officially open its first Singapore at 33 Jalan Sultan. But for a company that is headquartered in Hong Kong, how did they have to tweak their business model to fit into Singapore’s rental accommodation landscape?
Sachin Doshi, Founder & CEO, Weave Living shares how the company has done so. See omnystudio.com/listener for privacy information.
3/7/2023 • 11 minutes, 51 seconds
China Perspective: Latest from China's 'two sessions'
And it's all about China’s ‘two sessions’ 2023.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of the sessions and more. See omnystudio.com/listener for privacy information.
3/7/2023 • 7 minutes, 20 seconds
Under the Radar: An inside look into a family-based elastomeric foam maker supplying to OEM customers such as Sony and Panasonic; Market for elastomeric foam to reach US$4.462b by end of 2027; Global headwinds on demand; Rising labour costs on manufacturing output in Singapore
Specialty foam, film and elastomer or elastic polymers used as insulators in electronics, cars and more.
It may very well be under the radar, but hey, did you know that the global market for elastomeric foam is set to reach US$4.462 billion by the end of 2027, according to a report by Fortune Business Insights? That’s a compound annual growth rate of 6.8% during the forecast period of 2020 to 2027.
So quite a bit of money in this arena. And that’s why we’re going to give you an inside look into a family-based manufacturer called Armstrong Asia, which started in 1974 and has since opened 16 factories in 7 countries.
The company serves mainly American, European and Japanese OEM customers in the consumer electronics, automotive, data storage and consumer goods industries with big names including Mercedez Benz, Sony and Panasonic on their client list.
But what are the challenges and opportunities in the manufacturing sector amid rising business costs? What are the trends ahead for the company and how is it positioning itself for the future?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Phyllis Ong, Group Chief Executive Officer at Armstrong Asia for more.See omnystudio.com/listener for privacy information.
3/7/2023 • 15 minutes, 1 second
Market View: Keppel Land divests 100% stake in Greenfield Development; Thomson Medical Group’s shares hit two-week high on news of possible acquisitions and collaborations; China’s ‘two Sessions’; Outgoing Premier Li Keqiang on ‘around 5 per cent’ growth for 2023; US Fed Chair Jerome Powell to testify before the Senate Banking Committee
Singapore stocks rose today following gains in the US and Europe.
The Straits Times Index was up 0.2 per cent to 3,236.9 points in early trade after 102.5 million securities worth S$29.2 million changed hands.
Some companies seeing new developments include Keppel Corp. Its property arm Keppel Land is divesting its full 100 per cent interest in a company that owns the right to build and operate a hotel in Myanmar.
Another company to watch would be Thomson Medical Group with shares hitting a two-week high today.
On Market View, the Drive Time team deep dived into the details with David Kuo, Co-founder, The Smart Investor. They also had a look at some of the global headlines including China’s two sessions and market expectations ahead of Jerome Powell’s testimony before the US Senate Banking Committee. See omnystudio.com/listener for privacy information.
3/6/2023 • 11 minutes, 55 seconds
Sports Minutes: Coping with loss
With Liverpool's historic 7-0 win over Manchester United dominating the headlines, Elliott & Raushan discuss how one can cope with loss - be it in football or in life.See omnystudio.com/listener for privacy information.
3/6/2023 • 12 minutes, 17 seconds
Your Health: Why it is time to fix the antibiotic market
From C-sections to dialysis to cancer treatment, antibiotics are the basis of modern medicine. The more we use antibiotics, the more quickly resistance develops, and deaths as a result of resistant infections are projected to skyrocket in the coming decades.
Yet, the market for antibiotics is broken. As of January 2020, there are 60 products currently in development of which the WHO reports very few target the most critical resistant bacteria and it will take years before a handful will reach patients. Why are investments in new antibiotics to meet the threat drying up?
Maurizio Luongo, Chief Executive Officer, Menarini Asia-Pacific shares his views. See omnystudio.com/listener for privacy information.
3/6/2023 • 9 minutes, 40 seconds
Washington Report: Will the US fully ban TikTok amid fears of Chinese surveillance?
Ongoing conversations about regulating access to TikTok, owned by the Chinese company ByteDance, advanced on several fronts this week.
On Capitol Hill, Republicans on one House panel moved forward on a bill to grant US President Joe Biden new powers to ban the app for more than 100 million American users, citing security threats.
Why has the pressure been ratcheted up on TikTok? And what will this mean for the future of the social media app?
On Washington Report, Drive Time's Elliot Danker speaks with Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College to find out more. See omnystudio.com/listener for privacy information.
3/6/2023 • 12 minutes, 47 seconds
Culture Club: What do Singaporeans really feel about 'car-sharing'?
GetGo has seen tremendous growth since its launch in 2021, and is now dubbed as Singapore’s largest car-sharing service.
With Singapore’s mobility sector looking to undergo a complete electrification as part of the nation’s wider Green Plan 2030, how will the company play a bigger role in the facilitation of EV adoption among Singaporeans?
On Culture Club, Drive Time's Elliot Danker also speaks with Toh Ting Feng, CEO and Co-Founder, GetGo to find out if the car-sharing demand has surged in Singapore in a post-pandemic world.
See omnystudio.com/listener for privacy information.
3/6/2023 • 12 minutes, 31 seconds
In the Spotlight: Expectations that Tata Communications must meet as the broadcasting partner for Formula E
Broadcasting “live” sporting events like Formula E requires broadcasting partners to be at the top of their game in terms of speed, latency and audio-visual quality.
Unlike most live sporting events, a single Formula E broadcast draws from more than 160 different camera feeds.
So what does it take to bring the event to audiences all over the world? Dhaval Ponda, Global Head of Media & Entertainment Business, Tata Communications shares the expectations that Tata Communications must meet as the broadcasting partner for Formula E. See omnystudio.com/listener for privacy information.
3/6/2023 • 14 minutes, 51 seconds
Under the Radar: Conversation with CEO of Singlife - On rebranding as Singlife; Renewal of government contracts and impact on its revenue streams; Expansion in Indonesia and Vietnam through acquisitions; Trends influencing the insurance sector; Plans to IPO within 5 years; Gender diversity in the insurance sector
What comes to mind when you hear the phrase ‘prepare for a rainy day’? How about insurance? In fact, we’re going to deep dive into the insurance sector today with Singlife, also formerly known as Singlife with Aviva.
The company, which is backed by TPG and Japanese insurer Sumitomo Life Insurance, has been on an expansion drive since it obtained its licence in Singapore five years ago.
In particular, it is setting its sights on assets in the under tapped markets of Indonesia and Vietnam. But the question is how much potential is in the two markets?
Also - the Singapore-based company said last year that it is looking towards an IPO within five years, but what is the status right now?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Pearlyn Phau, Group Chief Executive Officer at Singlife for more.See omnystudio.com/listener for privacy information.
3/6/2023 • 14 minutes, 12 seconds
Sports Minutes: 2023 F1 Season starts this weekend!
Alex Yoong, former Formula 1 Driver and teammate of Fernando Alonso, joins Elliott Danker and Zia-ul Raushan to look ahead to the 2023 F1 season. Will Max Verstappen maintain his stranglehold on supremacy or will Lewis Hamilton return with a vengeance?See omnystudio.com/listener for privacy information.
3/4/2023 • 13 minutes, 2 seconds
Market View: Singapore stock market wrap; Underlying net profits vs net profits for Jardine Matheson and HongKong Land; DFI Retail Group’s underlying earnings down 72% yoy; US Raphael Bostic on a 25bps hike in March and a possible pause in Fed’s hike cycle in summer
Singapore stocks rose today following gains in US and Europe markets.
The Straits Times Index was up 0.3 per cent to 3,244.4 points in early trade after 216.1 million securities changed hands.
Some notable names seeing new developments include Jardine Matheson, which announced a 5 per cent on-year increase in underlying net profit to US$1.6 billion for FY2022 yesterday.
We’re also tracking property group Hongkong Land, which reported yesterday a fall in underlying earnings by 20 per cent on-year to US$766.1 million for FY2022.
On Market View, the Drive Time team broke down key developments of the week with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
3/3/2023 • 12 minutes, 30 seconds
Weekend Warrior: Hiking 900km for Motor Neurone Disease
Motor Neurone Disease affects up to 500 adults in Singapore at any one time. Every year 30-50 new cases will be diagnosed. The disease kills a third of people within a year and more than half within two years of diagnosis.
On Culture Club's Weekend Warrior, Drive Time host Timothy Go speaks with Stephen Davies, CEO and founder of asset management platform Javelin Wealth Management to find out how he is raising funds to help those with MND.See omnystudio.com/listener for privacy information.
3/3/2023 • 8 minutes, 14 seconds
In the Spotlight: The role social media plays in the proliferation of love scams
Valentine’s Day was just last month and while everyone may be focused on love, scammers are focused on targeting the lonely and lovelorn.
The love or romance scam is a social engineering technique designed to exploit a victim’s trust over time by developing a ‘relationship’ with them, typically through social media.
What makes these scams so successful, and how can people recognise the warning signs before it is too late?
Jennifer Cheng, Director of Cybersecurity Strategy, Proofpoint shares her views. See omnystudio.com/listener for privacy information.
3/3/2023 • 8 minutes, 1 second
Under the Radar: Luxury fashion - a look into Tapestry’s recent earnings; its 2.6 million new customers in North America; Rise in Gen Z and millennials spenders; Robust growth in Asia; Room for price hikes; China’s recovery; Importance of DTC channels in boosting sales
Coach, Kate Spade and Stuart Weitzman. That’s right - we’re going to talk all about fashion today with Tapestry - the parent company behind the three brands I mentioned earlier.
The company recently released its fiscal 2023 second quarter financial results, where it raised its profit outlook for the full year.
Tapestry also added about 2.6 million customers in North America in the quarter - nearly half of them were Gen Z and millennials. Closer to home, the company also saw robust growth in parts of Asia, including in Japan, which together outperformed expectations.
But why is this the case, and what does that strong demand and younger customer base mean for the company in terms of product offerings and even pricing?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Mrs Campbell O’Shea, Vice President and General Manager at Tapestry Southeast Asia and Oceania for more. See omnystudio.com/listener for privacy information.
3/3/2023 • 14 minutes, 18 seconds
Weekly Wrap Up: Most supermarkets in SG to charge 5 cents for each plastic bag from July 3, but is this enough?
People will soon be paying for plastic at more places, with most supermarkets set to charge at least five cents per bag from July 3.The move, part of a bid to reduce the use of disposables in Singapore, comes in tandem with efforts to ramp up recycling efforts in homes.
But is this enough? What more can be done to ramp up recycling efforts in Singapore?
Tan Huileng, Executive Director. Zero Waste Singapore shares her views. See omnystudio.com/listener for privacy information.
3/3/2023 • 9 minutes, 7 seconds
Market View: EV maker NIO’s 4Q net loss widens to over RMB$5.8b; OUE’s net profits doubled yoy to S$101.2m; South Korea’s semiconductor inventory rose at fastest pace in 27 years; details from Tesla’s investor day
Singapore stocks fell in early trade today following losses in US and Europe markets.
The Straits Times Index fell 0.3 per cent in early trade to 3,246.54 points after 331.5 million securities changed hands.
In terms of companies to watch, Chinese EV maker NIO announced that its net loss for the fourth quarter of 2022 had widened to just over 5.8 billion yuan (S$1.1 billion), despite a 62.2 per cent on-year increase in total revenue.
Meanwhile, we have more news from property developers including OUE. Its net profits doubled year-on-year in the second half of 2022 to S$101.2 million, on higher revenue.
On Market View, the Drive Time team unpacked these developments with David Chow, Director, Azure Capital.See omnystudio.com/listener for privacy information.
3/2/2023 • 10 minutes, 18 seconds
Sports Minutes: Are sports jerseys appropriate for dates?
When fashion meets football...or not! What do women think of men dressing up in football kits for dates? Is sportswear considered formal wear? Featuring opinions from the public, Elliott & Raushan tackle the tough questions on this episode!See omnystudio.com/listener for privacy information.
3/2/2023 • 11 minutes, 14 seconds
In The Spotlight: Top luxury travel trends for 2023
After two years of Covid-19 pandemic-related closures and limitations, luxury travelers led the industry back to levels already surpassing those of 2019, according to global travel agency network Virtuoso.
But with planes in short supply and more locations opening up, how will luxury travel look like this year?
In The Spotlight, Drive Time's Timothy Go and Mike Harlow, the General Manager of Scott Dunn Asia, the local arm of the British luxury travel operator discuss the state of travel in 2023 and round up current luxury travel trends to catch your eye. See omnystudio.com/listener for privacy information.
3/2/2023 • 9 minutes, 18 seconds
Under the Radar: 3D printing whole-cut meat products Star Trek-style; Stakeholder Foods on achieving 50 times more growth in cell production yield; Making 3D printed meat accessible to the man in the street; Value of locating HQ in Israel; Grant by Singapore Israel Industrial R&D Foundation to develop printed eel and grouper products with Umami Meats
Whole-cut meat products, printed on-demand for you. Sounds like the magical replicator from Star Trek?
Well did you know that this is becoming a reality these days? In fact, an Israel-based biotech company called Steakholder Foods is combining stem cell technologies and 3D printing to create meals on demand.
The company also developed a process that has achieved 50 times more growth in cell production yield. But how far are we from making 3D printed meat accessible to the man in the street?
Steakholder Foods, which is listed on the US NASDAQ, also recently received its first grant of up to US$1 million (double check that it is in US dollar terms?) from the Singapore Israel Industrial R&D Foundation, to develop 3D printed structured eel and grouper products with this company called Umami Meats. But what can we expect here?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Arik Kaufman , CEO and Co-founder of Steakholder Foods.See omnystudio.com/listener for privacy information.
3/2/2023 • 11 minutes, 30 seconds
Culture Club: Opening pop-up stores, can it help an F&B business?
F&B establishments have been working hard over the last few years to keep their business running. And one way to do it is to have pop up stores around Singapore. But how feasible is the idea of pop up stores for an F&B establishment?
Chia Kai Chao, Owner, Brotherbird Bakehouse shares how his business is doing so. See omnystudio.com/listener for privacy information.
3/2/2023 • 8 minutes, 48 seconds
Market View: IHH Healthcare’s performance; Performance of palm oil producers; Clues from Jardine Cycle & Carriage and Straits Trading’s results; China’s factory activity expanded at the fastest pace since 2012 in February
Singapore stocks rose in early trade today following losses in US and Europe markets.
The Straits Times Index rose 0.1 per cent to 3,265.63 points in early trade after 204.5 million securities changed hands.
In terms of companies to watch, we have for you Malaysian hospital group IHH Healthcare. The group announced yesterday a 58 per cent year-on-year fall in net profit for the fourth quarter ended Dec 31, 2022, despite a higher revenue.
Another company we’re tracking is investment holding company Jardine Cycle & Carriage, which reported yesterday a 42 per cent on-year fall in net profit for the second half of the year ended December.
On Market View, the Drive Time team took a closer look at these developments with Jeff Ng, Senior Currency Analyst, MUFG.See omnystudio.com/listener for privacy information.
3/1/2023 • 8 minutes, 54 seconds
Sports Minutes: Do Singaporean parents care about sports?
Award-winning sports broadcaster Colette Wong joins us on this episode to talk about parenting in Singapore. Do parents prioritise studies over sports? And does the Singapore academic eco-system provide a nurturing environment for kids to pursue high-level sports?See omnystudio.com/listener for privacy information.
3/1/2023 • 13 minutes, 28 seconds
Culture Club: Prevalent gender biases that continue to persist in today’s male-dominated tech industry in the region
Diversity is critical in tech, as it enables companies to create better and safer products that take everyone into consideration, not just one section of society. But despite this, women remain widely underrepresented in IT roles.So what can IT companies do to improve their hiring practices to be more inclusive?
June Chui, Senior HR Director, APJ, Pure Storage shares more on how gender diversity can foster innovation in the tech sector. See omnystudio.com/listener for privacy information.
3/1/2023 • 10 minutes, 46 seconds
In the Spotlight: Developing AI tool to help identify children at risk of developing high myopia
The Singapore National Eye Centre’s (SNEC) Myopia Centre and Singapore Eye Research Institute (SERI) have recently developed a new AI tool that can predict a child’s risk for developing high myopia during teenage years.
So how does this AI tool work and how can it help combat high myopia in Singapore?
Prof Saw Seang Mei, Co-Head, Myopia Research Group, Singapore Eye Research Institute shares more on this AI tool. See omnystudio.com/listener for privacy information.
3/1/2023 • 7 minutes, 31 seconds
Under the Radar: Michigan’s Our Next Energy on US$1.2b valuation; US$300m Series B funding; assessment of the battery market; manufacturing of LFP batteries; building of US gigafactory; tapping US Inflation Reduction Act; Strategic value of latest round of investors including Temasek
Batteries are on the table today, and no - we are not talking about your AAA batteries here.
Rather, we’re going to talk about lithium iron phosphate batteries that can be used to power electric vehicles, as well as battery packs and grids that can be used to power factories, data centres and communities.
On that note, a Michigan startup called Our Next Energy is aiming to double the range of electric vehicles with such battery solutions. It is also aiming to do so in a more sustainable way by using materials that are abundant in supply and available locally.
But how does it actually work and how is the startup transforming the battery market, and how is it tapping the US Inflation Reduction Act in its production plans?
The company also recently announced that it has closed a massive US$300 million Series B, with Temasek being one of the investors. But what is the company doing with the money?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Mujeeb Ijaz CEO and Founder of Our Next Energy for more.See omnystudio.com/listener for privacy information.
3/1/2023 • 12 minutes, 51 seconds
Sports Minutes: How can sport help you prepare for a job interview?
Are sports fans wired differently? And if so, how does being a sport fan help you in your daily life? Elliott Danker and Zia-ul Raushan explore this and much more on today's episode!See omnystudio.com/listener for privacy information.
3/1/2023 • 12 minutes, 32 seconds
Market View: UOL Group’s 44% drop in net profits; Ho Bee Land and Sinarmas Land’s performance; Sembmarine narrows net loss; Golden Agri Resources’s 21.5% yoy earnings increase; Elon Musk the richest man on Earth again
Singapore stocks rose today following gains in US and Europe markets.
The Straits Times Index rose 0.2 per cent in early trade to 3,268.88 points after 34.1 million securities changed hands.
Investors continue to sift through a number of earnings reports out earlier in the week, including earnings from property and hospitality company UOL Group. But how does that performance compare with industry players such as Ho Bee Land and Sinarmas Land?
Another company to watch would be Golden Agri-Resources, after the palm oil company reported today earnings of US$392.4 million for the half-year ended December 2022. But what does this say about the commodity sector right now?
In other news, Elon Musk is yet again the richest man on Earth, but could his moment in the sun be short lived?
On Market View, the Drive Time team unpacked the key market developments of the day with Oriano Lizza, Sales Trader at CMC Markets.See omnystudio.com/listener for privacy information.
2/28/2023 • 10 minutes, 36 seconds
Culture Club: The importance of rewarding employees amidst a competitive job market
As we all know, an organisation's most valuable asset is its people. Keeping your workforce happy can ensure your company's resilience in the face of any crisis.
But how do you consistently keep your teams happy and promote high levels of employee engagement and satisfaction?
Sudhanshu Tewari, Co-Founder & Chief Executive Officer, Rewardz shares how his company is helping businesses do just that. See omnystudio.com/listener for privacy information.
2/28/2023 • 10 minutes, 12 seconds
In the Spotlight: Transforming the hospitality and MICE industry to meet new demands
As you know, sustainability is no more a ‘nice-to-have’ but an increasingly important factor for the hospitality industry, plus it’s not just a requirement from guests anymore.
Jessie Lim, Director of Sustainability at Fairmont Singapore and Swissôtel The Stamford shares how her hotel is putting sustainability at the forefront of operations.See omnystudio.com/listener for privacy information.
2/28/2023 • 10 minutes, 25 seconds
China Perspective: 'China will need to be ‘more honest’ about Covid origins'
From US Ambassador to China, Nicholas Burns calling for China to be more honest about the origins of the Covid-19 pandemic to Ukrainian President Volodymyr Zelensky planning to meet China's leader Xi Jinping.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs shares an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
2/28/2023 • 9 minutes, 19 seconds
Market View: US PCE up 5.4% you and impact on STI; Olam Group’s net profits fall 24.5% yoy; Venture Corp’s net profits for 2H up 13.8%; Singapore Land Group’s 60% drop in net profit; Adani to raise US$400m in debt against Australian coal port assets; Pfizer in talks to buy Seagen
Singapore shares fell today following losses in US and Europe markets.
The Straits Times Index was down 0.3 per cent to 3,272.89 points in early trade after 63.8 million securities changed hands.
In terms of companies to watch, Olam Group posted a fall in net profit for the second half year ended December, to S$200 million. That’s down 24.5 per cent from levels seen in H2 2021.
What does this mean for the company especially with the planned IPO of Olam Agri in Singapore and Saudi Arabia?
Meanwhile, we’re also tracking electronics manufacturing services provider Venture Corporation, which had on Friday announced a 13.8 per cent increase in net profit for the second half ended December. But what’s the outlook for Singapore’s electronics manufacturing cluster ahead?
On Market View, the Drive Time team got down to the details with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
2/27/2023 • 11 minutes, 12 seconds
Sports Minutes: Migrant workers flex their muscles
The inaugural Migrant Workers’ Centre (MWC) Bodybuilding Championship takes centre stage on this episode as we speak to Nakulan Tinagaran, Assistant Director, RC operations, Migrant Workers' Centre about the event organised to promote bodybuilding and fitness to migrant workers.
We also explore the duty of Sport to care for the under-represented segments of our population.See omnystudio.com/listener for privacy information.
2/27/2023 • 11 minutes, 42 seconds
Under the Radar: GlobalFoundries Singapore on global chip supply, US-China tensions and the impact of near-shoring and friend-shoring of supply chains on the global supply chain landscape, Global semiconductor market to reach USD 712.4 Billion by 2028
We’ll talk all about semiconductors manufacturers as the industry continues to face a number of headwinds including a pandemic induced supply shortage.
According to Auto Forecast Solutions, almost 18 million vehicles will have been removed from production plans by the end of 2023 since the chip shortage started.
And with US-China’s geopolitical tensions at the top of minds of industry players, how would that reshape the global supply chain for semiconductor chips,as companies adopt more onshoring and friend-shoring of supply chains?
What will this mean for Taiwan, South Korea, Japan and mainland China, which accounted for over 70% of global production in 2020, according to S&P Market Intelligence? What is the impact on Singapore’s semiconductor manufacturers then?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Tan Yew Kong, Senior Vice-President and General Manager, Globalfoundries Singapore. See omnystudio.com/listener for privacy information.
2/27/2023 • 14 minutes, 10 seconds
Washington Report: Does the US have an exit strategy for Ukraine-Russia war?
From US President Joe Biden saying that he does not "anticipate a major initiative" from China to provide weapons to Russia in its war against Ukraine to First lady Jill Biden giving a hint that her husband will be running for a second term.
Steve Okun, Senior Advisor, Mclarty Associates gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
2/27/2023 • 10 minutes, 8 seconds
Market View: Singapore stock market wrap, Singapore’s factory output falls 2.7% yoy, OCBC’s recorded 34% yoy rise in Q4 net profits, ST Engineering’s sees profits down 7.1% yoy in H2, BoJ’s incoming governor on ultra low rates
Singapore shares rose in early trade today following gains in US and Europe markets.
Some notable names seeing new developments today include OCBC, after the bank reported a net profit of S$1.3 billion for the fourth quarter ended December 2022. But how did the bank fare against its peers?
Meanwhile, defence and engineering group ST Engineering saw profits fall 7.1 per cent on-year to S$255 million for the second half ended December 2022. But to what extent is this a one-off occurrence contributed by a reduction of COVID-19 support and TransCore transaction and integrated expenses?
On Market View, the Drive Time team unpacked the key market movements of the day with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
2/24/2023 • 10 minutes, 39 seconds
Sports Minutes: Who dares wins?
We look ahead to the English League Cup final between Manchester United & Newcastle - and check in with fans from both camps ahead of Sunday's showpiece event.See omnystudio.com/listener for privacy information.
2/24/2023 • 13 minutes, 1 second
Culture Club: ARTBOX, SG’s largest lifestyle event returns after a three-year hiatus
ARTBOX, Singapore’s largest lifestyle event, is back after a three-year hiatus. Boasting almost 300 booths, including famous food kiosks from Thailand, the two weekend long fair will take place at Singapore Expo Hall 6.
Kent Teo, Founder and Chief Executive Officer of Invade shares more on ARTBOX's return.
See omnystudio.com/listener for privacy information.
2/24/2023 • 10 minutes, 43 seconds
Your Health: Combating 'heaty' food
As Singaporeans, we all love durians in general. But durians are considered “heaty” foods and excessive consumption can cause a tip on the body’s balance, resulting in ailments such as fever, throat pain and irritation, and mouth ulcers. So how can botanicals, such as olive leaf, combat the effects of heaty foods?
Matthew Koh, Director, Natura Biotechnologies shares more. See omnystudio.com/listener for privacy information.
2/24/2023 • 7 minutes, 56 seconds
In the Spotlight: CDC Voucher Scheme 2023 bringing more choices and convenience for residents, helping businesses
As announced at Budget 2023, the Government will hand out a one-time ‘cost-of-living special payment’ and another S$300 in CDC vouchers to allay inflation concerns. The scheme has also be expanded recently and the vouchers can now be used at supermarkets as well.
Denise Phua, Mayor of Central Singapore District shares more on this scheme and the spending rate of these CDC Vouchers since its inception. See omnystudio.com/listener for privacy information.
2/24/2023 • 11 minutes, 44 seconds
Under the Radar: Lucence’s take on the global cancer diagnostics market surpassing US$258.54b by 2030, Its LiquidHALLMARK cancer detection blood test, treading the fine line between pricing products affordably and achieving business objectives
Are you afraid of having your blood drawn? But what if the blood test could detect cancer causing genetic mutations and viruses, and allow for early treatment?
I’m asking this because we are going to look at a company called Lucence, which makes blood tests to detect cancers.
Founded in 2016, Lucence was spun off from the Agency for Science, Technology and Research (A*STAR).
It had in 2019 unveiled a blood test called LiquidHALLMARK that detects 14 types of cancers, 50 genetic mutations and two viruses. Lucence had said then that LiquidHALLMARK is the world's first blood test that simultaneously detects both cancer-causing genetic mutations and viruses with 99.9 per cent accuracy.
But how much money does this represent? How does the company assess its competition, and how is it treading the fine line in ensuring that it achieves the profits it wants yet ensure that the tests remain affordable and accessible?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these burning questions to Dr Tan Min-Han Founder, CEO and Medical Director at Lucence.See omnystudio.com/listener for privacy information.
2/24/2023 • 13 minutes, 51 seconds
Sports Minutes: New season, so what?
We discuss and preview the new Singapore Premier League season with ST Sports reporter Deepanraj Ganesan. See omnystudio.com/listener for privacy information.
2/23/2023 • 12 minutes, 35 seconds
Market View: Clues from latest FOMC minutes, REIT earnings, Singapore’s NODX down 25% from high year-ago base, Outlook for export oriented sector, Baidu-backed WM Motor Holdings cutting costs to survive and impact on China’s booming EV market
Singapore stocks started the day on a softer note, after markets in the US and Europe fell overnight. Local banks and index counters also started the morning mixed.
The Straits Times Index headed down 0.1 per cent in early trade to 3,296.24 points after 91 million securities changed hands.
In terms of companies to watch for today, we have UOB, which reported a 24 per cent climb in profits in the second half of the year ended December. But what is the outlook for the banking sector after the latest Fed minutes indicated that rates will likely be higher for longer?
We’re also tracking the property sector today, after CapitaLand Investment reported a 33.8 per cent on-year drop in net profit to S$428 million for the six months ended December. But what’s next for the property sector?
On Market View, the Drive Time team spoke with Eddy Loh, Chief Investment Officer, Maybank Group Wealth Management for more. See omnystudio.com/listener for privacy information.
2/23/2023 • 7 minutes, 59 seconds
Culture Club: Quality Melts pop up, bringing chopped cheese and quality sodas to Singapore
If you are wondering what Chopped Cheese is, it is a New York City bodega favourite, a hoagie roll stuffed with a mixture of beef, seasonings, and onions, cooked on a griddle and then chopped and smothered with cheese. And now you can find them in Singapore.
Edwin Tan, Owner and Chef, Quality Melts shares his journey in bring Chopped Cheese here. See omnystudio.com/listener for privacy information.
2/23/2023 • 10 minutes, 10 seconds
In the Spotlight: Aviation industry of the future
As travellers return to the skies, the aviation industry in Asia Pacific is expected to achieve its 2019 pre-Covid passenger volumes of around 3.4 billion a year by 2024. But as air passenger numbers set to grow even more in the near future, how are airports in the region responding to meet this demand?
Joanna Lu, Head of Consultancy Asia, Ascend by Cirium shares her views. See omnystudio.com/listener for privacy information.
2/23/2023 • 11 minutes, 57 seconds
Under the Radar: Microsoft Singapore’s CTO on commercialisation of ChatGPT with Bing and Edge; Gaining market share in the search engine space; Its first mover advantage in the ‘new-age’ search engine space; Financial value of Generative AI solutions, Shaking up the tech industry
Chat GPT, Generative AI and the money behind them! That’s what we’re going to talk about on the segment today. Our guest for today is from Microsoft, which has invested over US$10 billion in ChatGPT maker Open AI.
The company also launched earlier this month new versions of its Bing internet search engine and Edge browser powered by the newest technology from OpenAI.
At the launch, Microsoft had said that every percentage point of market share it gains in the search advertising market could bring in another US$2 billion of ad revenue.
But much of a share is the company aiming for? Also - what is the financial value of such Generative AI solutions at scale for businesses and how would that shake up the tech industry? How much of a first mover advantage can Microsoft gain as other tech giants play catch up?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Richard Koh, Chief Technology Officer & Customer Success Lead, Microsoft Singapore for more. See omnystudio.com/listener for privacy information.
2/23/2023 • 15 minutes, 55 seconds
Euro Watch: Putin chides West, defends Ukraine invasion in state of the union speech
From Russia’s President Vladimir Putin delivering a state of the nation speech in Moscow to Finland ready to join NATO without Sweden.
Dr Samir Puri, Visiting Lecturer in War Studies at King's College London and author of 'Russia's Road to War with Ukraine' gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
2/23/2023 • 7 minutes, 53 seconds
Market View: Wilmar International’s net profits up 8.6% you, SIA continues to fly high with Q3’s operating profits up 11.4 qoq, Great Eastern’s profits down 37%, US Fed minutes’ expectations
Singapore shares edged down today following losses in the US and Europe.
The Straits Times Index dropped 0.1 per cent to 3,303.11 points in early trade after 63.9 million securities changed hands.
In terms of companies to watch for today, we have Wilmar International, which posted an 8.6 per cent year-on-year rise in net profit to US$1.2 billion for its second half ended December.
And more good news from SIA as well. The carrier posted record operating profits for its third quarter ended December, rising 11.4 per cent on-quarter to S$755 million.
On Market View, the Drive Time team unpacked the key market movements for the day with Dr Robin Han, Portfolio Manager, Phillip Securities.See omnystudio.com/listener for privacy information.
2/22/2023 • 8 minutes, 56 seconds
Sports Minutes: How much is too much?
We discuss one's willingness to suffer as a sports fan and how much benefit of the doubt do you give your club manager. See omnystudio.com/listener for privacy information.
2/22/2023 • 13 minutes, 12 seconds
Culture Club: Higher HDB grants, more chances vs wealth tax: What does it all mean for your housing needs?’
At Budget 2023, Deputy Prime Minister and Finance Minister Lawrence Wong announced more support measures and payout to help households, workers and businesses deal with inflation in his speech.
But how will these additional support measures impact Singapore’s red hot property market?
Christine Sun, Senior Vice President of Research & Analytics, OrangeTee & Tie. shares her views. See omnystudio.com/listener for privacy information.
2/22/2023 • 9 minutes, 52 seconds
Under the Radar: The company behind startups’ first investment cheque - conversation with Quest Ventures on its ‘digital economy’ strategy, helping MNCs drive corporate transformation, Opportunities in VC scene, Investment in smart electric motorbike ION mobility
Ever wondered which are the companies who give startups their first investment cheque? Well, our guest for today Quest Ventures is one such company.
The Venture Capital firm, which was founded in 2011, is a leading venture capital firm in areas such as artificial intelligence, e-commerce and marketplaces, entertainment, finance and even food. It’s also invested in a number of well-known companies such as 99.co, Carousell, Shopback and Hepmil.
But what exactly does the company look out for when it comes to investing? How does it assess the business environment it lies in, and what are some of its recent investments?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with James Tan, Managing Partner, Quest Ventures for more. See omnystudio.com/listener for privacy information.
2/22/2023 • 13 minutes, 56 seconds
In the Spotlight: Tackling Singapore’s food security - Serving up solutions for 2023
Singapore might be a food capital but feeding the country is no easy task when 90 percent of our food is imported. So how can agri food tech solutions offer a route to ease the problem of food security while also addressing a host of other sustainability-related issues?
Phil Ceulen, Co-founder & Partner, Mandalay shares his thoughts on how tech might just be the solution.
See omnystudio.com/listener for privacy information.
2/22/2023 • 12 minutes, 43 seconds
Regional Roundup: Anwar set to deliver first Budget speech as PM
From what to expect from Malaysia’s Prime Minister Anwar Ibrahim first Budget speech on Friday to the EU imposing new sanctions on military-ruled Myanmar.
Dr. Felix Tan, Political Observer, Nanyang Technological University gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
2/22/2023 • 10 minutes, 29 seconds
Market View: Genting Singapore’s H2 net profit more than doubled yoy, Sembcorp Industries H2 profits up 54% yoy, SingPost’s operating profit fell 9.7 per cent despite rising revenues
Singapore stocks opened nearly flat today following gains in the European market.
The Straits Times Index fell 0.04 per cent to 3,307.59 points in early trade after 87.2 million securities changed hands.
In terms of companies developments to watch today, integrated resort operator Genting Singapore’s net profit for its second half-year ended December more than doubled from the year-ago period to S$255.7 million
Similarly, Sembcorp Industries posted a 54 per cent on-year increase for its H2 net profit ended December, as a result of higher contributions from its renewables and conventional energy segments.
On Market View, the Drive Time team broke down key market developments with Shekhar Jaiswal, Head of Equities Research, RHB Singapore.See omnystudio.com/listener for privacy information.
2/21/2023 • 9 minutes
Sports Minutes: Big shoes to fill?
We speak to ST sports reporter Deepanraj Ganesan about how sons of famous Singapore footballers are coping with living up to their father’s legacySee omnystudio.com/listener for privacy information.
2/21/2023 • 15 minutes, 41 seconds
Culture Club: Mindset change that is required to transition to the 4-day work week model
More businesses are adopting a four-day work week to provide a better employee experience. But such an arrangement is not for everyone, and especially as the job security in the tech industry continues to dilute, the workforce can become increasingly skeptical around the success of this arrangement.
Janet Ravin, VP, Global Communications, Culture, and Experience, Rimini Street shares more on how her company's four day workweek program and the mindset shift that is needed to make such a program a success. See omnystudio.com/listener for privacy information.
2/21/2023 • 9 minutes, 42 seconds
In the Spotlight: The future of bone health with regenerative medicine
Have you broken a bone before? If you have not broken a bone in your lifetime, chances are, you would know someone who did. In 2019, an estimated 178 million bone fractures occurred, roughly equivalent to 1 fracture per 44 people.
So how does regenerative bone medicine come into the picture when you fracture a bone?
Dr Lim Jing, Chief Operating Officer and Chief Technology Officer, Osteopore shares more. See omnystudio.com/listener for privacy information.
2/21/2023 • 8 minutes, 14 seconds
China Perspective: China star banker Bao Fan reportedly missing
From the outcome of China and the US meeting in Germany last weekend to one of China's most high-profile billionaire bankers, Bao Fan reportedly missing.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more
See omnystudio.com/listener for privacy information.
2/21/2023 • 7 minutes, 38 seconds
Under the Radar: World’s largest credit data company Experian on operating Singapore’s BNPL bureau, Rising cost of funds on its business, How its working with small businesses to reduce costs, Plans ahead
Buy Now Pay Later or BNPL is a term that has become increasingly popular in recent years. But ever wondered what the phenomenon means for credit data companies and credit bureaus?
Well that’s what we’re going to talk about in this segment with the world’s largest credit data company Experian, which was also appointed to operate Singapore’s buy now, pay later bureau by the Singapore FinTech Association and the BNPL Working Group last year.
Aside from Buy Now Pay Later, we’re also going to look at some of Experian’s future plans. The company, for one thing, is working with small businesses to help them tap credit data to reduce costs. But how worthwhile is it for data companies to work with SMEs?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Kabir Khanna, General Manager, Credit Services, Experian Singapore for more.See omnystudio.com/listener for privacy information.
2/21/2023 • 12 minutes, 36 seconds
Market View: SIA’s Scoot to add 9 new Embraer aircrafts to support network growth strategy, SIA Engineering Company’s 64.1% yoy drop in net profits as wage support ends, Challenger Technologies net profits down 40% you, Indonesia banks making "too much money"
Singapore stocks slid today following losses in the US and European markets.
The Straits Times Index fell 0.1 per cent early trade to 3,324.65 points after 68 million securities changed hands.
Singapore Airlines made the news today after its subsidiary Scoot announced on Friday that it will add nine new Embraer <<em-brai-uh, like empire>> E190-E2 aircrafts to its fleet to support its network growth strategy. How are investors reading into this?
At the same time, SIA Engineering Company reported a 64.1 per cent year-on-year fall in net profit to S$12.8 million for its third quarter ended Dec 31, 2022. But to what extent is this a one-off performance as wage support ends?
On Market View, the Drive Time team posed these questions to David Kuo, Co-founder, The Smart Investor.
See omnystudio.com/listener for privacy information.
2/20/2023 • 14 minutes, 9 seconds
Sports Minutes: VAR at work
Today we discuss how the Video Assistant Referee (VAR) has made football more entertaining and how would you feel if you had VAR applied to work and personal disputes. See omnystudio.com/listener for privacy information.
2/20/2023 • 13 minutes, 58 seconds
Culture Club: Are luxury watches a good investment during a crisis?
Are you looking to invest in a high-end timepiece, especially in this current economy?
In the world of luxury watch collecting, prices for in-demand classics are soaring. And in some cases, their prices have doubled in just a year or two.
But before you go about purchasing that ultra prestigious wrist accessory … the Drive Time team finds out what you should be mindful of when trying your hand at this asset class.
On Culture Club, Elliot Danker and Timothy Go speak with Ali Nael, Chairman and CEO, Future Grail for his insights on the luxury watch space.
They also talk about Singapore’s first watch museum to host one of the largest collections of historical timepieces going back to the early 1800’s.See omnystudio.com/listener for privacy information.
2/20/2023 • 12 minutes, 25 seconds
Washington Report: US-China crisis management beyond the spy balloons
China's top diplomat Wang Yi and US Secretary of State Antony Blinken met on the sidelines of the Munich Security Conference this weekend, as the rift between the US and China over the balloon saga widens.
With the US warning its allies that China may increase support for Russia, what does it spell for US-China relations?
And as Russia's takeover attempt of Ukraine nears its one-year mark, what will be unveiled in China's peace plan for Ukraine?
On Washington Report, Drive Time's Elliot Danker and Timothy Go spoke with Steve Okun, Senior Advisor, Mclarty Associates to find out. See omnystudio.com/listener for privacy information.
2/20/2023 • 11 minutes, 52 seconds
Under the Radar: An inside look into Arc Group - How SPAC IPO advisory firms help blank cheque companies access a quality deal pipeline, Assessment of SPAC IPO and IPO activity in 2023
If you recall, we spent quite some time talking about startups and unicorns over the past week. Today, we’re going to look at how a financial institution specialising in SPACs and deal advisory help blank cheque companies access a quality deal pipeline.
Speaking of SPAC IPOs, the market for special purpose acquisition companies has slowed quite a bit over the past few months. According to S&P Global Market Intelligence, there were 86 SPAC IPOs in 2022. That’s a sharp drop from the 610 deals seen in the year before, as increased regulatory scrutiny and rising interest rates weighed on activity.
But how will this change as economies recover from the troughs of the pandemic, and should interest rates level off towards the end of the year? What would this mean for advisory firms then?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Crystal Zhang, Managing Partner at Arc Group.See omnystudio.com/listener for privacy information.
2/20/2023 • 11 minutes, 28 seconds
In the Spotlight: Consumers want digital interactions with brands to feel more like personal conversations
In a recent study by Vonage, it has been found that businesses have technology gaps that prevent them from making meaningful connections with customers. Even after two years of non-stop digital transformation among businesses, only 45 percent of consumers are “very satisfied” with the way they connect with companies.
Sunny Rao, Senior Vice President of API Global Sales, Vonage shares with us on what more companies can do to close the gaps in their digital transformation front. See omnystudio.com/listener for privacy information.
2/20/2023 • 12 minutes, 21 seconds
Market View: Singapore stock market wrap, Singapore’s NODX tumbled 25% yoy, ESR Logos Reit down 7.1% in early trade after private placement exercise, Over 95% SembMarine shareholders voted for merger with Keppel O&M, GoTo bringing forward its profitability targets by a year
Singapore shares declined in early trade today after the country’s non-oil domestic exports posted worse-than-expected performance and the US market reported losses amid interest rate concerns.
The Straits Times Index fell 0.2 per cent in early trade to 3,303.14 points after 31.4 million securities changed hands.
Some notable names seeing new developments today include Sembcorp Marine and Keppel Corporation.
If you recall, Sembmarine’s shareholders voted overwhelmingly for the merger with Keppel Corp’s offshore and marine unit, with over 95 per cent of votes cast in favour of the proposal.
On Market View, the Drive Time team took a closer look at the developments for the day with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
2/17/2023 • 11 minutes, 54 seconds
Sports Minutes: Anger or Adrenaline?
Today we discuss why sports people tend to let emotions get to them during a competition and is this emotion really necessary? See omnystudio.com/listener for privacy information.
2/17/2023 • 12 minutes, 45 seconds
Your Health: Debunking myths on the cost of IVF in Singapore
One of the major reasons many couples in Singapore are not pursuing IVF is due to the cost. So how much does it really cost? Let's debunk some myths on IVF in Singapore
Drive Time's Elliott Danker speak to Dr Janice Tung, Consultant, Thomson Fertility Centre on the cost of IVF in Singapore. See omnystudio.com/listener for privacy information.
2/17/2023 • 15 minutes, 31 seconds
Culture Club: Is the online fitness boom here to stay or go?
Have you stuck to your New Year’s resolution to go head to the gym more often?
If not, the Covid-19 pandemic has taught us that you can now keep up with your fitness right in the comforts of your home.
So... is online fitness boom here to stay? Are there new frontiers of virtual and on-demand fitness that we can explore with things like the metaverse?
On Culture Club, Drive Time's Elliot Danker and Timothy Go speak with Ryan Hogan, CEO of Les Mills Asia Pacific to find out more about new-age tech transforming the fitness and wellness landscape.See omnystudio.com/listener for privacy information.
2/17/2023 • 12 minutes, 2 seconds
In the Spotlight: ChatGPT in the limelight, what if a great invention falls into the wrong hands?
The debate around chatbots has once again resurfaced since OpenAI launched ChatGPT, a new artificial intelligence (AI) tool capable of writing essays and code. But what if an invention like this falls into the wrong hands?
Ravi Rajendran, Vice President, APJ, Cohesity shares his views on this potential issue. See omnystudio.com/listener for privacy information.
2/17/2023 • 10 minutes, 18 seconds
Under the Radar: In conversation with the CEO of Southeast Asia’s largest online car retailer Carro - its IPO plans, unicorn status, S$1.3 billion run rate revenue in FY2022, delivering another two times revenue growth in FY 2023, Expansion in Southeast Asia and Japan, Subscription service for used cars in Japan
We’re going to wrap up the week talking about the automotive marketplace landscape here in Southeast Asia and in particular, we want to talk about Southeast Asia’s largest online car retailer Carro.
The firm had achieved its unicorn status in June 2021 after a funding round led by SoftBank Vision Fund 2, and continued to see stellar growth thereafter.
According to technode global, the firm achieved profitability in its 2022 financial year. It said last September that the company is tracking over S$1.3 billion in run-rate revenue in FY2022 , and is positioned to produce another two times growth in revenue in FY2023. But what is the status so far and is the company on track to meet its target?
The company is also venturing into Japan, where it estimated the used car market is double the size of the whole of Southeast Asia. And as always, we want to find out how the experience has been for them thus far.
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Aaron Tan, Co-Founder and CEO of Carro for more.See omnystudio.com/listener for privacy information.
2/17/2023 • 13 minutes, 47 seconds
Your Health: What is Duric's secret to playing professionally into his 40s? (Part Five)
Drive Time's Elliott Danker discuss with former national footballer Aleksandar Duric about the hardest thing to get over as an older athlete. See omnystudio.com/listener for privacy information.
2/17/2023 • 4 minutes, 35 seconds
Your Health: What is Duric's secret to playing professionally into his 40s? (Part Four)
Drive Time's Elliott Danker speaks with former national footballer Aleksandar Duric about what people forget about the most when it comes to working out and losing weight. See omnystudio.com/listener for privacy information.
2/17/2023 • 4 minutes, 17 seconds
Your Health: What is Duric's secret to playing professionally into his 40s? (Part Three)
Drive Time's Elliott Danker speaks with former national footballer Aleksandar Duric about the ideal schedule to manage your body as an older athlete.See omnystudio.com/listener for privacy information.
2/17/2023 • 4 minutes, 3 seconds
Your Health: What is Duric's secret to playing professionally into his 40s? (Part Two)
Drive Time's Elliott Danker speaks with former national footballer Aleksandar Duric about adopting the right mentality as an older athlete. See omnystudio.com/listener for privacy information.
2/17/2023 • 3 minutes, 54 seconds
Your Health: What is Duric's secret to playing professionally into his 40s? (Part One)
Drive Time's Elliott Danker speaks with former national footballer Aleksandar Duric about his secret to playing professionally into his 40s. See omnystudio.com/listener for privacy information.
2/17/2023 • 3 minutes, 43 seconds
Your Health: Life as a personal trainer (Part Three)
Drive Time's Elliott Danker speaks with former national boxer and now personal coach Tay Jia Wei about managing the balance between trainer and athlete and how to manage clients expectations. See omnystudio.com/listener for privacy information.
2/17/2023 • 4 minutes, 59 seconds
Your Health: Life as a personal trainer (Part Two)
Drive Time's Elliott Danker speaks with former national boxer and now personal coach Tay Jia Wei about what platforms that personal trainers use to get clients.See omnystudio.com/listener for privacy information.
2/17/2023 • 4 minutes, 50 seconds
Your Health: Life as a personal trainer (Part One)
Drive Time's Elliott Danker speaks with former national boxer and now personal coach Tay Jia Wei on what you should look out for when you are choosing a personal trainer. See omnystudio.com/listener for privacy information.
2/17/2023 • 5 minutes, 41 seconds
Weekly Wrap Up: Crows attack in Bishan, who to be blamed, could it have been avoided?
Over the past few weeks, some residents of a Bishan HDB estate scrambled to find ways to shield themselves from attacks from crows. And to counter that issue, the National Parks Board (NParks) has said it is working with the Bishan-Toa Payoh Town Council to reduce the crow population.
Tan Gim Cheong, Bird Group Chairman, Nature Society (Singapore) shares with us his views on how such instances can be avoided. See omnystudio.com/listener for privacy information.
2/17/2023 • 9 minutes, 47 seconds
Sports Minutes: Responsibilities that come with success in sports
Today we discuss the responsibilities that come with success in sports and when is the time to accept that you have accomplished all that you can in a particular sport.
See omnystudio.com/listener for privacy information.
2/16/2023 • 13 minutes, 57 seconds
Market View: Singtel’s 27.6% yoy decline in net profits for 3Q ended December, SIA and Scoot’s 4-fold increase in passengers in January, Chip Eng Seng to be delisted, Marco Polo Marine’s profits jumps 153.8% for 1Q ended December, US forecast busting retail sales report
Singapore stocks rose today following gains in the US and Europe markets.
The Straits Times Index gained 0.4 per cent in early trade to 3,295.17 points after 36.9 million securities changed hands.
Some notable names seeing developments today include Singtel, which reported a 27.6 per cent on-year decline in net profit to S$532 million for the third quarter ended December 2022.
Singapore's national carrier Singapore Airlines also continued to make the headlines today, after being crowned as the ‘Airline of the Year’ for 2023. The airline, along with its budget arm Scoot, saw a four-fold increase in passengers in January compared to the previous year, despite a drop in passenger capacity.
On Market View, the Drive Time team deep dived into the key developments for the day with Terence Wong, CEO of Azure Capital.See omnystudio.com/listener for privacy information.
2/16/2023 • 12 minutes, 28 seconds
Culture Club: Growing in the F&B scene, giving back the savings to the customers
The cost of living has been on the rise and consumers are now on the hunt for great food that will be gentle on their wallets.
Moe Ibrahim, CEO and Founder, Deelish Brands shares with us on how his company has recently conducted a thorough review of its entire supply chain and internal processes that eventually enabled them to substantially reduce prices across all its Fatburger outlets. See omnystudio.com/listener for privacy information.
2/16/2023 • 13 minutes, 43 seconds
Euro Watch: Nicola Sturgeon resigns. What will this mean for Scottish independence?
Scotland's First Minister Nicola Sturgeon has announced her intention to resign after more than eight years as head of the country's government.
On Euro Watch, Drive Time's Elliot Danker and Timoth Go speak with Chris Humphrey, Executive Director, EU-ASEAN Business Council to find out how the First Minister of Scotland’s resignation impacts Scottish Independence and the next general election.
They also discuss why automaker Ford is set to cut one in nine jobs in Europe, as well as what to look out for at the upcoming Munich Security Conference as we approach the one year mark o Russia’s invasion of Ukraine.See omnystudio.com/listener for privacy information.
2/16/2023 • 8 minutes, 23 seconds
Under the Radar: Learning Business Mandarin through 10-minute in-app courses - Edutech startup Bluente’s quest to get executives around the language barrier and jargons in areas such as law and finance
Have you ever tried picking up a foreign language? And if so, are you still using it?
According to a report by TechRepublic, citing data from FlexJobs, there were over 1,700 bilingual remote jobs listed as at early 2021, which is a 30% increase from the figure in February 2020. And it seems like job demand for bilingual speakers is on the rise as the world becomes increasingly globalised.
Question is - how do we master a new language? And how do we get ourselves familiarised with some of the jargons used in professions such as law and finance?
Well, one startup in Singapore is aiming to address that. It crafted a business language app to provide professionals with contents and tools to operate proficiently in Business Mandarin.
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Daphne Tay, CEO and Co-Founder of Bluente to find out more about Bluente’s value proposition, funding situation and expansion plans.See omnystudio.com/listener for privacy information.
2/16/2023 • 12 minutes, 53 seconds
In the Spotlight: Refreshed Peranakan Museum reopens
After nearly four years of renovations, the Peranakan Museum will be reopening its doors to the public. The completely refurbished building will feature brand-new permanent galleries presenting exceptional objects from Peranakan material culture, as well as a fresh new exhibition design and museum visitor experience.
Noorashikin Zulkifli, Senior Curator, ACM and Peranakan Museum shares more with us on what visitors can expect from the new Peranakan Museum.
See omnystudio.com/listener for privacy information.
2/16/2023 • 9 minutes, 11 seconds
Sports Minutes: Is club loyalty overrated?
Today we discuss if it is ok to change football clubs that you support also we speak to Kiss 92’s Glenn Ong to ask him on what he will do with his Man Utd tattoo now that he is an Everton fan. See omnystudio.com/listener for privacy information.
2/15/2023 • 20 minutes, 39 seconds
Market View: STI’s performance as firms mull Budget announcements, DBS Group holdings reporting uptick in Bitcoin trading Value, iFast’s net profits drops 82%, mixed US CPI report, Outlook for the USD, Rising greenback on Asian central banks’ foreign reserves
Singapore shares fell in early trade today, following Singapore’s Budget announcement yesterday.
If you recall, the latest Budget focused on positioning Singapore for future economic and social growth. Budget 2023 set aside top-ups for business, wages, and household relief schemes this year.
The country’s corporate tax regime has also been adjusted. Similarly, there would also be higher top-end taxes for properties and cars.
Back to the Singapore stock market, The Straits Times Index fell 0.3 per cent to 3,307.64 in early trade after 37.2 million securities changed hands.
The fintech sector made the headlines today with DBS Group Holdings reporting an uptick in Bitcoin trading volume and iFast announcing an 82 per cent decrease in net profit.
On Market View, the Drive Time team unpacked these developments with Jeff Ng, Senior Currency Analyst, MUFG.See omnystudio.com/listener for privacy information.
2/15/2023 • 8 minutes
Culture Club: Ethics and Compliance (E&C) in today’s unstable economic and business landscape
As the world moves on from Covid-19, businesses and organisations worldwide find themselves facing challenges new and old. So why is E&C more important than ever in today’s unstable economic and business landscape?
Ty Francis MBE, Chief Advisory Officer, LRN shares his views. See omnystudio.com/listener for privacy information.
2/15/2023 • 10 minutes, 31 seconds
In the Spotlight: The importance and benefits of introducing tech tools in HR
Businesses are giving a thrust to HR technologies with the ultimate goal to create a working environment that is secure, welcoming, and accessible to people from all walks of life and locations. But despite all that, why are some companies still resistant to embracing HR tech?
Shaswat Kumar, Senior VP of Global Customer Success and Delivery, Darwinbox shares his views.
See omnystudio.com/listener for privacy information.
2/15/2023 • 10 minutes, 55 seconds
Under the Radar: SingPost on price increases, dilution of its stakes in Shenzhen 4PX Information and Technology, potential acquisition of Freight Management Holdings, Expansion plans in Australia, Competition with third party logistics providers
Stamps, parcels and postage fees - that’s right - we are putting the spotlight on the postal and parcel industry today.
In particular, we’re going to be looking at Singapore Post, which has seen a number of developments of late.
The company is raising postage rates for postage, package delivery and doorstep parcel delivery this year as a result of the Goods and Services Tax hike as well as other inflationary cost increases.
On the investment front, SingPost will dilute and potentially sell its stake in Chinese e-commerce provider, Shenzhen 4PX Information and Technology,
Yet at the same time, the firm also expects to eventually acquire the whole of Freight Management Holdings, a leading 4th party logistics service company in Australia, to tap the fast growing market there.
What are the reasons behind the rebalancing of its portfolio and the adjustment of prices, and really, what’s next for SingPost?
On Under the Radar, Drive Time’s Finance Presenter Chua Tian Tian posed these questions to Lee Eng Keat, Head, Strategy & Programs Office at SingPost.See omnystudio.com/listener for privacy information.
2/15/2023 • 13 minutes, 44 seconds
Budget Day 2023 Reactive Panel Discussion
In this edition of Budget Day 2023 Reactive Panel Discussion, MONEY FM's Drive Time team speak to Alvin Liew, Senior Economist, UOB, Harvey Koenig, Partner, Energy & Natural Resources, Telecommunications, Media & Technology, Tax, KPMG in Singapore and Eugene Tan, Associate Professor of Law, Singapore Management University. See omnystudio.com/listener for privacy information.
2/15/2023 • 1 hour, 6 minutes, 58 seconds
Regional Roundup: 'No GST for Malaysia'
From Malaysia Prime Minister Anwar Ibrahim saying he has no plans to implement GST in the country to Thailand imposing a $12 entry fee for foreign travellers from June as tourism booms.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International gives his analysis of those headlines and more. See omnystudio.com/listener for privacy information.
2/15/2023 • 9 minutes, 24 seconds
Market View: STI’s performance on Budget Day, Sats reports net profits after two straight quarters of losses, Netlink Trust’s profits after tax jumped 24.2%, Paragon Reit, Far East Hospitality Reit and First Reit reporting DPU figures, US January CPI expectations
Singapore shares slid in early trade today following gains in US and Europe markets.
The Straits Times Index fell 0.1 per cent to 3,376.24 points in early trade after 47.7 million securities changed hands.
Some notable names seeing developments today included inflight caterer and ground handler Sats (S58).
The company reported a net profit of S$500,000 for the third quarter to December, reversing two consecutive quarters of losses, as aviation recovery continues. How significant is it for the company to swing into the black after earlier losses?
Aside from that, Singaporeans are also keeping a close eye on the announcements made during Deputy Prime Minister and Finance Minister Lawrence Wong’s Budget 2023 speech., as well as their effect on households and businesses. But to what extent have these influenced the STI’s performance today?
On Market View, the Drive Time team posed these questions to Matthias Chan, Head of Research at SAC Capital. See omnystudio.com/listener for privacy information.
2/14/2023 • 5 minutes, 31 seconds
Market View today: DBS’ earnings jumped 69% yoy, Thomson Medical’s profit boost, Outlook for the medical tourism sector in Singapore, Sats joint venture with Air India to design and operate cargo hub at India’s Noida International Airport
Singapore shares open in the green today reversing last week’s loss streak.
The benchmark Straits Times Index gained 0.4 per cent to 3,375.41 points in early trade after 55.8 million securities changed hands.
Some companies to watch today include Singapore’s largest lender DBS, which saw a 69 per cent year-on-year rise in net profit to a record S$2.3 billion for its fourth quarter ended Dec 31, 2022. But to what extent have higher interest rates boosted results and what’s the outlook ahead as interest rates around the world begin to level?
Another company we’re tracking is Thomson Medical, after it reported an 82.6 per cent year-on-year jump in net profit to S$22.8 million in the half year ended Dec 31.
But why is this the case? To what extent will the opening of borders boost medical tourism here in Singapore this year?
On Market View, Drive Time’s finance presenter Chua Tian Tian posed these questions to David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
2/13/2023 • 8 minutes, 35 seconds
Pre-Budget Conversation with KPMG: Raising tax responsibly & new markets, new businesses
In a Facebook post, Deputy Prime Minister Lawrence Wong has said that the Budget’s theme will be “moving forward in a new era”, and will set out how Singapore will secure its prospects in a troubled world.
But as we move away from Covid-19, what can this Budget do to help businesses cope with the ever evolving business landscape?
Yong Jiahao, Partner, IGH & Manufacturing, Tax, KPMG in Singapore shares KPMG's recommendations on measures that can be introduced for enterprises to cope with evolving business landscapeSee omnystudio.com/listener for privacy information.
2/13/2023 • 12 minutes, 39 seconds
Sports Minutes: Is the sport itself important or is it all about entertainment value?
Today we discuss the importance of a particular sport itself vs entertainment value and what we look out for when attending a major sports event.
See omnystudio.com/listener for privacy information.
2/13/2023 • 13 minutes, 7 seconds
Culture Club: Investing in a London property? What's the next big thing?
Are you looking to invest in a property overseas? Maybe somewhere in the United Kingdom? Here's an outlook for the property market in the UK this year.
On Culture Club, Drive Time's Elliot Danker and Timothy Go also speak with Emma Cariaga, Joint Head of Canada Water and Head of Residential, British Land to find out “Why London” for Singapore investors who are looking for opportunities out of Asia post-pandemic.
The team also finds out more about Canada Water, one of the largest and most sustainable London projects.
See omnystudio.com/listener for privacy information.
2/13/2023 • 9 minutes, 17 seconds
Under the Radar: Conversation with one of the world’s largest facility services group ISS, Assessment of the global facility management market, which is set to reach US$121.73 billion by 2030, How facility management companies are navigating manpower challenges and automation, Industry buy-in for outcome based contracts
Ever wondered who are the ones keeping our work desks clean and tidy when we return to work on a Monday morning? Well, today we’re going to look at how facility management companies position themselves in a market that is set to reach around US$121 billion globally by 2030.
This is also an exciting time for the industry, as it tries to convince clients on the need to automate and reduce reliance on manual labour amid an ongoing manpower shortage.
But how successful are players in gaining industry buy-in, and what are facility management companies doing to move workers to higher value roles with automation?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian spoke with Gina Toh, CEO of ISS Facility Services, Singapore for more.See omnystudio.com/listener for privacy information.
2/13/2023 • 13 minutes, 37 seconds
In the Spotlight: How consumer shopping behaviour has evolved, battling rising prices in Singapore
Have you been more cautious with how much you spend on your groceries or online shopping for example amidst rising prices?
To help counter this, Lazada, is paving the way for sellers and consumers to navigate and combat rising costs.
Loh Wee Lee, CEO, Lazada Singapore shares with us his observations on consumer shopping behaviour amidst rising prices and the initiatives Lazada have developed to help consumers save on purchases and delivery. See omnystudio.com/listener for privacy information.
2/13/2023 • 10 minutes, 22 seconds
Washington Report: Why strange objects in US airspace may be a huge problem
Since late January, four vessels, including a suspected Chinese spy balloon, have been seen entering US and Canadian airspace.
What is going on with the unidentified objects that US fighter planes keep taking down? Might these strange objects be an even bigger problem than we thought? And how will the spy balloon fallout bring instability to Southeast Asia and beyond?
On Washington Report, Drive Time's Elliot Danker and Timothy Go spoke with Steve Okun, Senior Advisor, Mclarty Associates to find out more about the mystery surrounding all these aerial intrusions. See omnystudio.com/listener for privacy information.
2/13/2023 • 10 minutes, 29 seconds
Market View: Singapore stock market wrap, Meyer Park’s S$392 million en bloc deal, Wing Tai’s net profit up 18% y-o-y, Yoma Strategic’s revenue rose 76%, China’s consumer inflation accelerates
Singapore stocks opened lower today. The Straits Times Index dropped 0.2 per cent in early trade to 3,351.85 points after 71.5 million securities changed hands.
Some notable names seeing new developments today include UOL Group and Singapore Land Group, which purchased Meyer Park for S$392.18 million via a collective sale. But what would this mean for both companies?
Elsewhere, China’s consumer inflation accelerated last month. CPI was up 2.1% on a yearly basis, higher than the 1.8% increase in December. What’s the country’s recovery story looking like?
On Market View, the Drive Time team posed these questions to Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
2/10/2023 • 9 minutes, 36 seconds
Under the Radar: An inside look into online brokerages, what’s next after the pandemic-induced retail trading frenzy, reasons behind moomoo’s move to serve institutional clients
The online brokerage industry is at the heart of our discussion today.
The pandemic-induced retail trading frenzy has led to a boom in new online brokers in Singapore as more people put their dollars to work on digital platforms.
But with the country now back to Dorscon green, how would companies position themselves for the future?
We’re going to speak with online trading platform moomoo to find out more about their future plans.
The company is apparently also serving financial institutions, and is the main placement agent for the IPO of the maker of the TraceTogether token. But why is it diversifying to serve institutional clients? How much money is in it for them to do so?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Gavin Chia, Singapore Managing Director at moomoo.See omnystudio.com/listener for privacy information.
2/10/2023 • 11 minutes, 26 seconds
Sports Minutes: Are we stuck paying more for sports broadcast packages?
Today we discuss the question on whether we are stuck paying more for sports broadcast packages and the new European Super League, what would it mean for football fans? See omnystudio.com/listener for privacy information.
2/10/2023 • 12 minutes, 59 seconds
Culture Club: This Italian art exhibition is making its first-ever international debut in Singapore
If you're an art aficionado, museum fan, or looking for an interesting activity to do over the weekend, why not head over to a brand new art exhibition?
'The Grand Italian Vision: The Farnesina Collection' — an Italian art exhibition curated by Achille Bonito Oliva is set to make its first-ever international debut right here in Singapore this February.
How significant is the exhibition to the arts and cultural scene in Singapore? And how will it enable cultural diplomacy between the two nations?
On Culture Club, Drive Time's Elliot Danker and Timothy Go speak with Mario Andrea Vattani, Ambassador of Italy to Singapore and Brunei Darussalam to find out.See omnystudio.com/listener for privacy information.
2/10/2023 • 10 minutes, 27 seconds
In the Spotlight: The role of regulation and compliance in building the trust of both investors and regulators
The world of digital assets are still reeling from the ‘crypto winter’, a huge collapse in asset valuations in early 2022 triggered by the failure of a major stablecoin. So how will regulation and compliance help rebuild the trust between both investors and regulators.
Justin Lim, Director of Business Development, Liminal shares his views. See omnystudio.com/listener for privacy information.
2/10/2023 • 10 minutes, 34 seconds
Weekly Wrap Up: Singapore scales back Covid-19 restrictions, goodbye Covid?
Green is the new orange and we are back at Dorscon green! From February 13, commuters will no longer have to wear masks when taking public transport as community regulations are progressively lifted. But are Singaporeans ready to go back to 'normal'?
Dr Asok Kurup, Infectious Disease Expert, Mount Elizabeth Hospital shares his views. See omnystudio.com/listener for privacy information.
2/10/2023 • 12 minutes, 58 seconds
Euro Watch: Will Erdoğan's leadership survive Turkey's earthquake?
The stakes couldn't be higher for Turkish President Recep Tayyip Erdogan.
Just months before the biggest test of his political career, a massive 7.8-magnitude earthquake rocked Turkey and Syria, killing over 15,000 people.
In May, Turkey will vote in elections that polls conducted before the disaster showed would turn into a tight race for Erdogan, who has led the country since 2003.
On Euro Watch, Drive Time's Elliot Danker and Timothy Go speak Antonio Fatás, Professor of Economics, INSEAD on how the tumultuous events will impact Erdogan's election prospects.See omnystudio.com/listener for privacy information.
2/9/2023 • 11 minutes, 5 seconds
Sports Minutes: Why do rich men buy sports team?
Today we talk about why rich men buy sports teams and if they even know what they are doing with these teams. See omnystudio.com/listener for privacy information.
2/9/2023 • 13 minutes, 46 seconds
Market View: SGX’s net profit up 30.1% Keppel Corp divests Willowville, Frasers Property’s pre-sold revenue at S$2.7 billion; Manulife US Reit’s DPU down 10.3%, potential BOK rate cuts
Singapore shares slipped when trading began today, tracking a sell-off on Wall Street amid fears that the US Federal Reserve would keep interest rates high longer than needed.
The Straits Times Index headed down 0.4 per cent to 3,373.51 points in early trade after 56.9 million securities changed hands.
Some notable names seeing developments today include the Singapore Exchange, which reported a 30.1 per cent increase in net profit for the first half of FY2023 today. But what does the performance mean for the exchange?
Another company to watch is Keppel Corp, which said yesterday that a unit of Keppel Land is selling its 100 per cent stake in its investment holding unit Willowville for US$5.5 million. How significant is this move though?
On Market View, the Drive Time team posed these questions to Terence Wong, CEO of Azure Capital.See omnystudio.com/listener for privacy information.
2/9/2023 • 9 minutes, 14 seconds
In The Spotlight: Branding matters in the travel industry. Just not the way you think.
If you've seen Singapore Airlines’ new 90-second global brand campaign video - so have 34 million other people. That's the power of branding.
As the world opens for travel again, it signals a great time for airlines, hotels and the travel industry to rebrand.
But how can these companies deliver on the promise of the brand at a time of cost cutting?
In The Spotlight, Drive Time's Elliot Danker and Timothy Go speak with Jörg Dietzel, Brand Consultant, Adjunct Faculty, Singapore Management University Singapore to find out. See omnystudio.com/listener for privacy information.
2/9/2023 • 13 minutes, 33 seconds
Culture Club: Singaporean chef back home to give series of cookery classes
Chef Loretta Liu has worked with several Michelin chefs in the past. And not just that, the late Queen Elizabeth II has also eaten her macarons before!
Loretta Liu, Chef shares her experiences of more than two decades in the kitchen and the letter she received from the late Queen about her macarons. See omnystudio.com/listener for privacy information.
2/9/2023 • 15 minutes, 9 seconds
Under the Radar - Valentine’s Day special: In the business of love - How does Asia’s leading lunch dating company Lunch Actually acquire a substantial client base and position for the future
Can you imagine that we’re well into February already? With Valentine’s Day just round the corner, we want to take a look at companies that are in the business of love - dating agencies and applications.
Our guest for today is the Chief Cupid at Lunch Actually Group, which is one of Asia’s leading lunch dating companies. The company said it has arranged over 150,000 dates and matched thousands of happily married couples.
But love aside - we talk about money and business on Under the Radar. And we want to find out how the demand for dating services have changed as a result of changing societal expectations, and how the mix of supply of available singles would affect Lunch Actually product-price mix and cost of customer acquisition.
On Under the Radar, Drive Time’s finance presenter sat down with Violet Lim, CEO and Co-founder of Lunch Actually Group for more.See omnystudio.com/listener for privacy information.
2/9/2023 • 13 minutes, 44 seconds
Market View: StarHub’s net profit dropped 98.4% for 2H2022, F&N net profits down 28.8%, Japan’s PM Fumio Kishida reviving talks to raise wages, US Fed Chair Jerome Powell’s speech before The Economic Club of Washington DC
Singapore shares slid in early trade today following gains in US and Europe markets.
The Straits Times Index fell 0.1 per cent to 3,376.24 points in early trade after 47.7 million securities changed hands.
Some notable names seeing developments today included telco operator StarHub, which posted a 98.4 per cent decline in net profit to S$1.3 million for the second half of the year ended Dec 31, 2022, but how far of a concern is this?
Meanwhile, mainboard-listed drinks maker Fraser and Neave posted a 28.8 per cent year-on-year drop in net profit to S$28.6 million for its first quarter, despite higher revenue. Question is - how are the company’s financials looking with the firm noting that it has”generous debt headroom for acquisitions”?
On Market View, the Drive Time team posed these questions to Matthias Chan, Head of Research at SAC Capital.See omnystudio.com/listener for privacy information.
2/8/2023 • 7 minutes, 27 seconds
Under the Radar: What’s next for Esco Aster - the contract manufacturer behind Singapore’s first commercial cultured meat?
On that note, did you know that Singapore was the first country to approve the sale of cell-based meat in 2020, with the product coming from Good Meat?
In fact, the world’s first commercial cultured meat production facility also started here in Singapore in 2021 when a local contract development and manufacturing organisation, Esco Aster, was given approval to produce the novel food.
The company is also a strategic partner for Eat Just and cultivated meat pioneer Mosa Meat. But hey - ever wondered how a white label manufacturer for cell-based meat operates?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Xiang Liang Lin, Founder and CEO of Esco Aster.See omnystudio.com/listener for privacy information.
2/8/2023 • 12 minutes, 2 seconds
Sports Minutes: The responsibility on pro athletes to be a social media force
Today we talk about the responsibility on pro athletes to be a social media force for good and how aware are they on such responsibility? See omnystudio.com/listener for privacy information.
2/8/2023 • 14 minutes, 10 seconds
Culture Club: Can today's Singaporeans keep the 'kampung spirit' alive?
What does the 'kampung spirit' look like in this day and age? While there are no zinc roofs or wide open doors, the neighbourly ways still exist today underneath Singapore’s gleaming facade of a modern metropolis.
On Culture Club, Drive Time's Elliot Danker and Timothy Go speak with Dr William Wan, General Secretary, Singapore Kindness Movement to find out how we're keeping the modern kampung spirit alive.
They also discuss the inaugural Singapore’s Friendly Neighbourhood Award and how you can take part in this campaign. See omnystudio.com/listener for privacy information.
2/8/2023 • 13 minutes, 42 seconds
In the Spotlight: The financial wisdom behind investing in data protection
According to Veeam Software’s fourth annual Data Protection Trends Report, it has also been found that companies are challenged with more complex hybrid IT environments and are raising budgets to fend off cyberattacks. But is it enough to just raise budgets?
Shiva Pillay, General Manager and Senior Vice President, Asia Pacific & Japan, Veeam Software shares his views.
See omnystudio.com/listener for privacy information.
2/8/2023 • 8 minutes, 35 seconds
Regional Roundup: Anwar defends daughter’s adviser role
From Malaysia’s Prime Minister Anwar Ibrahim appointing his own daughter as the country’s financial and economic adviser to Thailand tightening the country's marijuana regulations since its decriminalisation last year.
Dr. Felix Tan, Political Observer, Nanyang Technological University gives us an analysis on those headlines and more. See omnystudio.com/listener for privacy information.
2/8/2023 • 10 minutes, 55 seconds
Sports Minutes: Stiffer penalties for clubs who breach financial fair play rules?
Today we talk about whether stiffer penalties should be given to football clubs for breaching financial fair play rules, plus are football managers expected to delivery faster results in this day and age, is this even fair? See omnystudio.com/listener for privacy information.
2/7/2023 • 14 minutes, 12 seconds
Market View: CapitaLand India Trust’s DPU up 9%, Boustead Singapore to take Boustead Projects private, Impact of GST hike on consumer sentiment, What to expect for Singapore’s Budget 2023, Janet Yellen on US avoiding a recession
Singapore shares were pulled into negative territory today after US and Europe stocks both ended lower overnight.
The Straits Times Index fell 0.01 per cent in early trade to 3,385.58 points after 25 million securities changed hands.
Engineering and technology group Boustead Singapore made the headlines today. The group is making a voluntary unconditional general cash offer to take its real estate subsidiary, Boustead Projects, private. Question is - can we expect more of such moves in the new year?
Elsewhere, US Treasury Secretary Janet Yellen said last night that the US can avoid a recession with unemployment at a 53-year low. Is a strong labour market reading an indication that the Fed can achieve a soft landing? And what can we expect when Fed Chair Jerome Powell speaks later tonight?
On Market View, the Drive Time team posed these questions to Jeremy Tan, CIO, Tiger Brokers (Singapore).See omnystudio.com/listener for privacy information.
2/7/2023 • 8 minutes, 51 seconds
Culture Club: ChatGPT, yay or nay?
ChatGPT is a newly released application from OpenAI, is giving users amazing answers to questions, and many of them are amazingly wrong. But is this app spell AI for good or bad?
Gregory Francis, CEO, Access Partnership shares his views.
See omnystudio.com/listener for privacy information.
2/7/2023 • 12 minutes, 9 seconds
In The Spotlight: Sky-high airfares may come down this year. How much will you pay?
If you’ve been searching the skies for air travel recently, you have probably been struck by the sky-high flight prices you’re seeing.
But, travellers in the region can expect soaring airfares to dip in 2023 as airlines gear up to meet the strong demand for air travel, according to industry players.
So, will flight prices go up or down in 2023 according to experts? And how much will you be paying for a ticket?
In The Spotlight, Drive Time's Elliot Danker and Timothy Go speak with Brendan Sobie, Independent Analyst and Consultant, Sobie Aviation for the travel trends they're looking out for in the coming months. See omnystudio.com/listener for privacy information.
2/7/2023 • 11 minutes, 44 seconds
Under the Radar: Conversation with the world’s largest contract logistics provider on business strategy, tripling adjusted EBITDA by FY2027, Trends in the supply chain and logistics sector
Supply chain snarls and high inflation have weighed on economies around the world for much of the past year, especially with China sticking to its strict zero-COVID strategy.
But how have things changed as China reopens for business in 2023 and the country puts the Lunar New Year holiday behind it? What are the key trends within the logistics and supply chain industry and how are players grappling with high inflation?
Today we speak with the world’s largest contract logistics provider, GXO Logistics to find out how they view the supply chain landscape, as well as their business strategy ahead.
The company also recently held its Investor Day conference not too long ago, where it expects to triple its adjusted EBITDA or earnings before interests, taxes, depreciation and amortisation, between 2021 and 2027. But what will the company need to do to achieve this?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Mark Manduca, Chief Investment Officer at GXO for more. See omnystudio.com/listener for privacy information.
2/7/2023 • 13 minutes, 38 seconds
China Perspective: Where China and US relations stand after balloon spat
From China’s reaction to the US shooting down a Chinese balloon that has supposedly veered off course to China’s growing mutual political trust with Russia.
Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International gives us an analysis of those headlines and more. See omnystudio.com/listener for privacy information.
2/7/2023 • 8 minutes, 34 seconds
Market View: Sembcorp Marine’s merger with Keppel O&M, Stocks to watch in February, YKGI’s trading debut, US labour market adding over half a million jobs in January
Singapore shares barely moved in early trade today following mixed activity in US and Europe markets.
Some notable names seeing developments today included shipbuilding company Sembcorp Marine. It had reported an improvement in net debt to equity ratio from 0.53 times as at end September 2022 to 0.26 times as at end-2022. But what does this mean for Sembmarine, which is working towards a merger with Keppel O&M?
In terms of new listings, the operator of Yew Kee Duck Rice and bubble tea brand Chicha San Chen’s Singapore franchise, YKGI kicked off its trading debut today. But how has the company fared so far?
Elsewhere, the US labour market added over half a million jobs in January, defying market expectations. But what’s next for the US economy?
On Market View, the Drive Time team posed these questions to David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
2/6/2023 • 12 minutes, 37 seconds
Culture Club: The rise of 'leavism' - Are you using holidays to catch up on work?
Have you ever thought about taking time off just to catch up on work? Or perhaps, you have done so more than you think. This is 'leavism', and it’s workplace culture that you need to leave behind in 2023.
But why does 'leavism' happen? How bad is it for the workplace? And how can we break the habit?
On Culture Club, Drive Time's Elliot Danker and Timothy Go dive into this phenomenon with Dr Aaron Ng Yi Kai, Singapore Institute of Technology, where he teaches in the Digital Communications and Interactive Media programme.See omnystudio.com/listener for privacy information.
2/6/2023 • 13 minutes, 14 seconds
Under the Radar: An inside look into the operations of a Swiss private bank founded in 1796
We’ll give you an inside look into a Swiss private bank founded in not 1996, but 1796!
With 358 billion Swiss Francs worth of total client assets, we’ll find out how Lombard Odier positions itself amid changing demands from private clients such as high net worth individuals.
Apparently private clients are getting increasingly worried about market volatility and the negative impact on portfolio performance amid rising inflation and a recession on the horizon.
Lombard Odier spoke with over 450 high net worth individuals across Asia Pacific and over two thirds of high-net worth individuals in APAC have acted decisively to realign their portfolios. But what role do banks play in this regard?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian spoke with Stephane Monier, Chief Investment Officer at Lombard Odier for more. See omnystudio.com/listener for privacy information.
2/6/2023 • 15 minutes, 14 seconds
In the Spotlight: State of Mobile, from the boom of short-form video to cooling of consumer spend
data.ai’s latest 'State of Mobile' report has identified macro-trends for leading brands and publishers and what success looks like for mature apps across gaming, fintech, retail, social, video streaming.
So what are these macro-trends and how will these trends mold the marketing scene moving forward?
David Kim, Managing Director for APAC, data.ai shares more. See omnystudio.com/listener for privacy information.
2/6/2023 • 10 minutes, 32 seconds
Washington Report: Will China's 'spy' balloon be the focus of Joe Biden's State of the Union address?
Chinese surveillance balloons over the US weren't something many of us had in our 2023 bingo cards, but the US military has shot down a Chinese high-altitude balloon after it drifted off the East Coast near the Carolinas. US officials say the balloon was being used for surveillance, while China insists it was a civilian research vessel.
What does this mean for US-China relations? And with US President Joe Biden's State of the Union address 2023 just around the corner, will China be an uninvited guest on Tuesday night?
On Washington Report, Drive Time's Elliot Danker and Timothy Go speak with Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College to unpack the latest developments out of the US.See omnystudio.com/listener for privacy information.
2/6/2023 • 8 minutes, 53 seconds
Culture Club: SG's first co-roasting space, creating business idea for youngsters
Based on global forecasts the coffee industry is growing at around 7.6 percent every year. And believe it or not many youngsters are now beginning to be coffee farmers in Indonesia, Thailand and Malaysia. So is there a future for the younger generation in the coffee industry?
Stefanus Goana, Chief Coffee Whisperer, Compound Coffee Co. shares his views on how Compound Coffee Co, Singapore's first co-roasting Space are giving the opportunity for anyone especially the youngsters who love to hang out at coffee shops to experience something different.
See omnystudio.com/listener for privacy information.
2/6/2023 • 10 minutes, 29 seconds
Sports Minutes: Is Man City in need of a complete redesign?
Today we talk about Manchester City needing a complete redesign after their latest loss to Tottenham Hotspur, and Gareth Bale finishing in the top 20 of his first pro-am golf tournament.
See omnystudio.com/listener for privacy information.
2/5/2023 • 11 minutes, 51 seconds
Market View: Singapore stock market wrap, Keppel Corp 40.6% on-year decline in net profit for 2H2022, Sembcorp Industries and Southeast Asia’s largest energy storage system in Jurong island, US big names (Apple, Starbucks and Alphabet) missing estimates
Singapore shares rose in early trade today, tracking mostly gains in US and European markets.
Some notable names seeing new developments today include Keppel Corporation, which reported a 40.6 per cent on-year decline in net profit for the second half ended December. Question is - how concerned should we be about this development?
Sembcorp Industries also made the headlines recently for owning and operating Southeast Asia’s largest energy storage system in Jurong Island. Are there legs to this as the company doubles down on renewables?
Elsewhere, a number of US companies reporting last night missed estimates, with Apple, Alphabet, Starbucks among them. But how are markets there expected to close the week?
On Market View, the Drive Time team posed these questions to Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.
2/3/2023 • 9 minutes, 51 seconds
Sports Minutes: Greenwood charges dropped, Man Utd in dilemma?
Today we talk about Mason Greenwood rape chargers being dropped. But the question is now, should he be allowed to play for Manchester United?
Plus a preview of the upcoming weekend games.See omnystudio.com/listener for privacy information.
2/3/2023 • 15 minutes, 56 seconds
In the Spotlight: Bringing fitness to the community
We know Singapore is big on fitness and fitness gyms are popping up everywhere. And if this idea of exercise has not left your mind, FOXX, Singapore’s first boutique HIIT studio has recently opened.
Ken Mok, Founder and Director of FiiTBOXX and FOXX shares with us the story behind the conceptualisation of FOXX and its special features. See omnystudio.com/listener for privacy information.
2/3/2023 • 8 minutes, 50 seconds
Weekly Wrap Up: Singapore drops to 13th most Instagrammable place, can we come back up on top?
Singapore has lost its top spot for being the most Instagrammable place in the world and taking the top spots are Milan, London and Paris.
Dr Kevin Cheong, Managing Partner, Syntegrate (he was formerly Chairman, Association of Singapore Attractions) shares his views on what can be done for Singapore to come back on top. See omnystudio.com/listener for privacy information.
2/3/2023 • 9 minutes, 46 seconds
Culture Club: How to spot 'quiet hiring' & take advantage of your career
Forget 'quiet quitting'. There is a new workplace trend on the horizon in 2023 and it's called 'quiet hiring'. While quiet hiring might be the ideal solution for employers to ensure workplace efficiency without causing financial strain, how can employees use it to their advantage?
On Culture Club, Drive Time's Elliot Danker and Timothy Go speak with Adrian Choo, CEO and Founder, Career Agility International to find out what employers and employees need to know about this new workplace trend. See omnystudio.com/listener for privacy information.
2/2/2023 • 14 minutes, 33 seconds
Market View: Bank stocks’ performance after 25bps rate hike by the US Fed, Keppel Pacific Oak Reit’s DPU down 12.6%, Oxley’s first half net profit tumbles, Adani Enterprises calls off US$2.5B share sale
Singapore shares rose in early trade today, tracking a Wall Street rally as the Federal Reserve took interest rates higher by 25 basis points overnight.
But how have stocks, and in particular bank stocks, performed so far?
Meanwhile the property sector continues to make the headlines with a number of property firms announcing their distribution and top line figures.
In particular, property developer Oxley saw a sharp decline in net profit for its first half. It was down all the way to some S$277,000 from S$23.5 million in the corresponding period a year ago. So why is this the case?
On Market View, the Drive Time team posed these questions to Terence Wong, CEO of Azure Capital.See omnystudio.com/listener for privacy information.
2/2/2023 • 9 minutes, 56 seconds
Sports Minutes: What defines a G.O.A.T?
Today we talk about Tom Brady who has once again retired and 55 year old Japanese player getting a professional football contract, so does age really matter in sports?
Plus what should you look our for when choosing a personal trainer.
See omnystudio.com/listener for privacy information.
2/2/2023 • 17 minutes, 27 seconds
In The Spotlight: Macro trends driving travel demand as borders reopen, the rise of digital-first travellers
No secret that travel is back, but how are those in the industry fairing in their recovery journey? Will the rise of digital-first travellers drive the digitalisation in the tourism industry as well?
Victor Tseng, CFO, KKday shares how KKday fared in 2022 and how the rise of digital-first travellers is driving the growth of digitalization across the APAC tourism industry. See omnystudio.com/listener for privacy information.
2/2/2023 • 11 minutes, 18 seconds
Euro Watch: A year into the war in Ukraine, is Russia planning for maximum escalation?
Ukraine says Russia is preparing a major new offensive to coincide with the one-year anniversary of the war in Ukraine, and warned that it could begin as soon as 24 February.
One year in, where does Ukraine currently stands, and what does Russia think of the war so far?
And over in the United Kingdom, as many as half a million workers are striking as pay disputes escalate and the cost-of-living crisis continues.
On Euro Watch, Drive Time's Elliot Danker and Timothy Go speak with David de Cremer, Provost Chair at National University of Singapore Business School for a deep dive into the key headlines out of Europe. See omnystudio.com/listener for privacy information.
2/2/2023 • 12 minutes, 24 seconds
Under the Radar: Coffee chat with the GM of Starbucks Singapore - on price elasticity, business positioning strategy amid inflation, customer rewards programme, relationship with workers road ahead for the next 3-5 years, possibility of community concept cafes
Coffee is on the agenda for us today, with Starbucks Corporation set to unveil its results for the first quarter of fiscal year 2023 today.
According to Yahoo Finance, analysts are expecting an 8.6% on-year improvement in revenue, amid accelerating same store sales and unit growth, as well as a margin explosion.
Aside from the sales figures, it is also an exciting time for Starbucks in the US, with changes to its rewards programme and more. But what is the situation like for operations in Singapore, which is owned by Hong Kong-based Maxim’s Caterers?
How will Starbucks Singapore navigate issues surrounding its relationship with its customers, workers, and fellow industry players?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Patrick Kwok, General Manager of Starbucks Singapore for more.See omnystudio.com/listener for privacy information.
2/2/2023 • 11 minutes, 26 seconds
Culture Club: How investing in the Metaverse can help your small business
The metaverse scene in Singapore is heating up, with major players, such as banks and telcos mobilising their massive capital to develop metaverse capabilities.
That being said, while powerful companies make big shifts in the virtual space, how can investing in the metaverse help small businesses?
On Culture Club, Drive Time's Elliot Danker and Timothy Go speak with Kriskay Choo, Co-Founder and Chief Strategy Officer of Singaporean metaverse agency, CGAME to find out how they're providing metaverse-related solutions to small to medium-sized businesses and creators in Singapore. See omnystudio.com/listener for privacy information.
2/1/2023 • 13 minutes, 5 seconds
Sports Minutes: Done deals on January deadline day
Today we look at the winners losers and questionable transfers on football deadline transfer day.
Plus what should you look our for when choosing a personal trainer.See omnystudio.com/listener for privacy information.
2/1/2023 • 19 minutes, 51 seconds
Market View: Likelihood of STI ending the week in the green, levels to watch, Outlook for Reits and Fed’s rate decision, Short calls on the Singapore dollar
The Singapore Straits Times Index ended the first two days of the week in the negative territory.
So what is the likelihood of the STI ending in the green, especially with the US Federal Reserve decision mid-week?
In terms of sectors to watch, a number of Reits have released their distribution per unit figures in January. Question is - how has the sector performed so far after falling 12% year-on-year amid economic headwinds, and what's the outlook ahead?
On Market View, the Drive Time team spoke with Jeff Ng, Senior Currency Analyst, MUFG for more.See omnystudio.com/listener for privacy information.
2/1/2023 • 7 minutes, 58 seconds
In The Spotlight: How digital transformation is redesigning trade finance
The digitalisation of trade finance looks for opportunities to bring technologies to the world of trade. It is also to reduce reliance on paper-based and manual processes and improve the customer experience.
Samir Neji, Founder, #dltledgers shares his views on why the trade finance scene is lagging behind when it comes to embrace digitalisation. See omnystudio.com/listener for privacy information.
2/1/2023 • 7 minutes, 8 seconds
Regional Roundup: Highlights from Anwar Ibrahim's visit to Singapore
From Malaysian Prime Minister Anwar Ibrahim’s one day visit to Singapore to the Myanmar junta preparing for elections.
Dr. Felix Tan, Political Observer, Nanyang Technological University shares his analysis on those headlines and more. See omnystudio.com/listener for privacy information.
2/1/2023 • 8 minutes, 58 seconds
Under The Radar: OUE Commercial Reit’s CEO on FY 2022 earnings, Distribution to investors, Office occupancy, Rebranding of Hilton Singapore and MICE recovery, China’s tough COVID-19 policy and its potential long-term damage to leasing sentiment upon relaxation
In our first episode of Under The Radar, we talk about REIT managers and what’s next as they put their FY 2022 earnings behind them. Our guest for today is from OUE Commercial Reit, which has a property portfolio comprising approximately 2.2 million square feet of prime office and retail space, and 1,643 upper upscale hotel rooms in Singapore and Shanghai.
The real estate investment trust company recently announced their earnings for FY 2022 earlier this week, where net property income increased some 8.6% on a yearly basis to S$103.3 million. And as the travel resumes and borders reopen, we want to find out what’s next for the company in 2023.
On Under The Radar, Prime Time’s finance presenter Chua Tian Tian sat down with Han Khim Siew, CEO of Commercial Reit for more.See omnystudio.com/listener for privacy information.
2/1/2023 • 13 minutes, 21 seconds
Passing the Baton: How to help SMEs with no succession plan continue their brand and business legacy
Imagine having spent one’s entire life - time and money - into building a business, with the assumption or hope that their children will want to inherit and keep the enterprise within the family, only to be surprised to learn their kids aren't interested in taking over the family business. What can businesses do - fold it up?
There is another option and Prime Time's Timothy Go and Bharati Jagdish recently spoke with Daniel Lee, Senior Consultant, Nihon M&A Center Singapore on how succession planning can ensure the survival of your legacy and family business.See omnystudio.com/listener for privacy information.
2/1/2023 • 12 minutes, 24 seconds
Market View: US Fed’s decision, Earnings expectations from McDonald’s, General Motors and more, BoE and ECB rate decisions, China’s budget deficit jumped to a record 8.96 trillion yuan
The US and China economies are in focus today with Federal Reserve officials set to meet later today to decide on their next monetary policy move. Observers are now expecting the Fed to raise interest rates by 25 basis points after the series of outsized hikes.
But when and at what point will the Fed pivot away from their hawkish stance?
In the meantime, earnings continue to drive stock movements with earnings from Mcdonalds and General Motors on deck for the day. To what extent can this batch of earning reports help investors gain clues on the state of the US economy?
Back in Asia, China’s budget deficit jumped to a record 8.96 trillion yuan (S$1.7 trillion) last year to bolster its economy. But how would that change for 2023 as authorities dial back on their strict COVID-19 containment measures?
On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Oriano Lizza, Sales Trader at CMC Markets for more.See omnystudio.com/listener for privacy information.
1/31/2023 • 12 minutes, 53 seconds
Market View: The Watch Collector vs The Secondary Market Analyst - Watches to Collect vs Watches to Invest
We’re going to talk all about watches today. According to a new industrial report,, sales of second-hand luxury watches will overtake new models within a decade as buyers seek rate timepieces from brands such as Rolex and Audemars Piguet.
Swiss-based industry analyst and consulting firm LuxeConsult forecast that the market for vintage and pre-owned watches will surge to some 79 billion euros in 2033, more than three times the 25 billion euros sold last year.
In anticipation of a hotter secondary market, we want to find out which are the watches investors should resell versus those that they should keep in the long term. Also - should emotions play a part in the decision process?
On Market View, Prime Time’s finance presenter Chua Tian Tian posed these questions to Mr Oliver Muller, Consultant and Advisor at LuxeConsult, as well as Dr Bernard Cheong - he’s one of Singapore’s most prominent watch investors who has been collecting watches since the late 1970s, and also the founding partner of Lifeline Medical Group.See omnystudio.com/listener for privacy information.
1/30/2023 • 17 minutes, 35 seconds
In the Spotlight: Teachers strike in the UK; Energy crisis in Europe and Blinken's visit to China
In the Spotlight on Prime Time, Timothy Go and Bharati Jagdish speak with Jonathan Frewin, Senior Journalist with BBC World Service Partner Hub in London to talk about some of the top stories they are tracking this week, including a series of strikes in the UK, with teachers being the latest to join the group, what will happen as the European Commission present proposals for the European Union to tackle the energy crisis as well as respond to US and Chinese subsidies, the final 747 jumbo jet to be manufactured by Boeing will be delivered to its customer and finally, what to expect from the US Secretary of State Antony Blinken’s trip to China this weekend. See omnystudio.com/listener for privacy information.
1/30/2023 • 11 minutes, 45 seconds
Market View: Uzbekistan as a market, Areas of collaboration with Singapore firms, What can Singapore firms expect when entering Uzbekistan?
Today we’re going to set our sights on a market that may be fairly unique to our listeners - Uzbekistan!
You might be wondering why we are talking about Uzbekistan, and that’s because Uzbek President Shavkat Mirziyoyev was here in Singapore recently on his first state visit to the country. During his visit, both countries agreed to work on the promotion of bilateral economic relations.
And on the business side of things, the Singapore Business Federation and the Embassy of the Republic of Uzbekistan also co-organised the Singapore-Uzbekistan Business Forum.
In fact, 18 agreements were signed between Singapore and Uzbekistan companies for collaborations ranging from capacity building in traditional sectors such as transport and logistics, to new areas such as renewable energy. But what exactly are the opportunities within Uzbekistan, where can Singapore businesses come in, and what’s in it for them?
On Market View, Prime Time’s Timothy Go – who’s opening a hotel in Uzbekistan this year – and finance presenter Chua Tian Tian posed these questions to Soo Wei-Chieh, Executive Director of Global Division 3 at the Singapore Business Federation. See omnystudio.com/listener for privacy information.
1/27/2023 • 14 minutes, 49 seconds
In the Spotlight: How are the US and China economies doing so far in 2023?
In the Spotlight on Prime Time, we focus on two major economies - the US and China.
Timothy Go is joined by Pushan Dutt, Professor of economics and political sciences at INSEAD who gave his insights on the US GDP data that came in firmer-than-expected, so what will the Fed do next?
Plus, with the US hitting its debt ceiling, what’s going to happen next and how will that impact Singapore and the region?
Finally, in China, with its population declining, is their period of rapid growth likely over?
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
1/27/2023 • 12 minutes, 26 seconds
Building more sustainable smart cities: How technology can transform industries
Accounting for about 75% of global primary energy use, cities are by far the biggest producer of greenhouse gas emissions. Given that they are the main source of demand and the owners of municipal infrastructure, how can cities be smarter in the way they design, build and operate infrastructure in ways that encourage greater efficiency and sustainability?
Prime TIme's Timothy Go speaks with Caspar Herzberg, Chief Operating Officer & Chief Revenue Officer, AVEVA to find out.
He is also the author of the book ‘Smart Cities, Digital Nations’, where he shares his perspective on challenges in smart city projects and shared a vision of why smart cities are essential.See omnystudio.com/listener for privacy information.
1/27/2023 • 7 minutes, 11 seconds
ST: The Big Story, 27 Jan - Will there be further cooling measures in 2023?
Prices in the Housing Board resale market rose at a slower pace of 2.3 per cent in the last quarter of 2022, compared with 2.6 percent in the third quarter.
It was the slowest quarter-to-quarter price growth in 2022.
On the Straits Times the Big Story, Multimedia Correspondent, Hairianto Diman speaks with Ismail Gafoor, Chief Executive Officer of PropNex Limited to find out more.See omnystudio.com/listener for privacy information.
1/27/2023 • 5 minutes, 12 seconds
In the Spotlight: From Singapore's Urban Landscape to Bali's Idyllic Retreat: A digital nomad’s story
Since the start of the pandemic, the number of digital nomads with traditional jobs has more than tripled. More than 50% of the world’s digital nomads in 2022 were from the US.
But one Singaporean is joining this growing trend.
In the Spotlight on Prime Time, Timothy Go and Bharati Jagdish speak with Gabriel Wong, CEO of Ascend Marketing, who will be moving his family of 3+1 (2nd child due Feb) to a neighboring country.
Produced and edited by Anthea Ng ([email protected])
Highlights of the conversation:
01.50 : The main reason for the move to Bali
02.40 : How realistic is remote working?
07.32 : What are the challenges you can foresee, e.g culture and education?
11.18 : What would you say to people who are considering to relocate overseas?
See omnystudio.com/listener for privacy information.
1/26/2023 • 14 minutes, 32 seconds
Market View: Outlook for Singapore’s banking sector and Singapore banks’ dollar Tier 2 bonds in 2023, Higher interest rates on Thailand’s household debt and mortgage default rates, Possibility of Thai borrowers turning to unsecured retail products
The credit market is in focus today as tightening monetary conditions and trade tensions continue to dampen global market activity.
We’ll start from home in Singapore. Earlier, market reports suggested that Singapore’s three largest banks could see a possible increase in bad loans and softer loan growth this year, but which are the risks to watch and which bank will be best-placed to weather the economic slowdown?
Further away, JP Morgan is expecting to see Thailand’s interest rates peak this quarter at 1.75 per cent, but how would this impact the country’s banking sector amid elevated levels of household debt? And to what extent would higher interest rates make borrowers turn to unsecured retail products?
On Market View, Prime Time’s finance presenter Chua Tian Tian posed these questions to Rena Kwok, Credit Analyst at Bloomberg Intelligence.See omnystudio.com/listener for privacy information.
1/26/2023 • 8 minutes, 41 seconds
In the Spotlight: How can SMEs take on the big guys in 2023?
In May 2022, Deputy Prime Minister Heng Swee Keat said that helping SMEs scale up is one of Singapore’s three drivers of economic growth. Unfortunately, SMEs in Singapore face various challenges in the business landscape, which becomes even more difficult in the face of global competition.
So how can SMEs in Singapore fight the Goliaths in the online competition both locally and globally?
In the Spotlight on Prime Time, Timothy Go and Bharati Jagdish speak with Jesper Broberg, VP Emerging Markets, Optimizely, to find out.
Produced and edited Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
1/25/2023 • 9 minutes, 4 seconds
ST: The Big Story, 25 Jan - Core consumer prices in Singapore remain at 5.1% for third straight month
Singapore's core inflation, which excludes costs of private transport and accommodation, came in at 5.1 per cent year on year in December.The measure is projected to stay elevated in the first half of this year before slowing more discernibly in the second half of 2023.
In The Straits Times' The Big Story, Multimedia Correspondent Hairianto Diman spoke with Associate Editor Vikram Khanna to delve more into these findings.See omnystudio.com/listener for privacy information.
1/25/2023 • 6 minutes, 10 seconds
Market View: Hedge funds outlook for 2023
2022 has been a challenging year for markets as participants experience major pullbacks with their portfolios and investors struggling to protect their capital.
Against the backdrop of a high inflationary environment and geopolitical uncertainties, hedge funds felt the pains but managed to absorb some shocks in the market.
While the asset class declined 9.3% for the first nine months of the year on the whole, several sub-strategies outperformed other fund types to log positive returns. But what exactly are these strategies, and what does this mean for investors as we look to 2023?
On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Carrine Moh, Research Associate for Hedge Fund Data at PREQIN for more. See omnystudio.com/listener for privacy information.
1/25/2023 • 11 minutes, 31 seconds
In the Spotlight: The fintech developer’s dilemma: Keeping up with rapid change
A recent survey by Couchbase showed that 83% of IT leaders in banks, insurers and other financial services providers, are under pressure to deliver digital transformation.
While it’s clear that the innovation in digital services spurred by the pandemic has been welcomed by customers, how can the Financial Services sector stay in the driving seat in what is forecast to be a tough business climate in 2023?
In the Spotlight on Prime Time, Bharati Jagdish and Timothy Go speak with Genie Yuan - Head Of Field Engineering - APJ – Couchbase, for more insights.See omnystudio.com/listener for privacy information.
1/20/2023 • 10 minutes, 13 seconds
How businesses can ensure they are authentic in their sustainability initiatives
Sustainability is increasingly becoming a necessity for corporations due to changing perspectives around the world.
And yet, becoming a green company takes a sizable amount of resources, time and risks.
So how can businesses better navigate this space and ensure they are authentic in their sustainability initiatives?
Prime Time's Timothy Go spoke with John Pabon, Sustainability Consultant and Author and Charmaine Yee, host and brand ambassador, DocuSign on how businesses can ensure they are authentic in their sustainability initiatives.See omnystudio.com/listener for privacy information.
1/20/2023 • 16 minutes, 31 seconds
ST: The Big Story, 20 Jan - LTA revises COE quota calculation to reduce quarter-on-quarter supply volatility
The supply of certificates of COEs will rise by 3.4% for the period of February to April 2023, the first increase after two quarters of decline.
Overall, there will be an average of 3,144 COEs available for bidding spread across the five categories each month during this period, said the Land Transport Authority (LTA) on Friday.
This is up from the monthly average of 3,040 COEs for the November 2022 to January 2023 period.In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann spoke with Senior Transport Correspondent, Lee Nian Tjoe to find out more. See omnystudio.com/listener for privacy information.
1/20/2023 • 4 minutes, 16 seconds
Market View: US Producer Price Index decreased 0.5% for December, Possibility of a 25bps rate hike, Netflix and P&G reports earnings, Sectors to watch, Microsoft and Amazon layoffs
We’ll keep you up to speed with the key macroeconomic and market movements in the US as we end the week.
Earlier, US producer prices out mid-week showed the producer price index decreased 0.5% on a monthly basis for December.That’s lower than November’s revised 0.2% increase. December’s annual PPI figure also came in lower than the previous month.
Question is - to what extent can this be taken as a sign that inflation has peaked, and is a 25 basis point rate increase by the Fed in sight?And with the earnings season in full swing, how have big names such as Netflix and Procter & Gamble fared, and which are the outperforming sectors to watch?
Also - what is the outlook ahead for the tech sector with industry heavyweights Microsoft and Amazon cutting a total of 28,000 workers amid a possible recession?
On Market View, Prime Time’s finance presenter Chua Tian Tian sits down with Luca Paolini, Chief Strategist, Pictet Asset Management for more.See omnystudio.com/listener for privacy information.
1/20/2023 • 13 minutes, 34 seconds
In the Spotlight: Cracking the code: A 19-year-old’s formula to ace your General Paper
A 19-year-old has taken a year-gap in her studies to focus on her tuition business, where she has cracked the code to help fellow peers ace that GP paper.
In the Spotlight on Prime Time, Bharati Jagdish and Timothy Go chat with Brooke Lim, Founder of Classicle Club about her decision to stop her studies for her fledgling business as well as the latest challenge to English teachers - ChatGPT - an easy-to-use AI tool trained on billions of words and a ton of data from the web.
Produced and edited by Anthea Ng ([email protected])
Highlights of the conversation:
01.50 : The motivation behind taking a year gap from her studies to run a business
02.50 : The decision to focus on her tuition business over a working in the Monetary Authority of Singapore and the lessons learnt in a corporate job that helped her business.
04.57 : The reason behind teaching the General Paper
06.11 : Are schools not doing enough for students?
10.27 : ChatGPT versus teachers, the good and the bad.See omnystudio.com/listener for privacy information.
1/19/2023 • 12 minutes, 34 seconds
ST: The Big Story, 19 Jan - New Zealand will have a new PM by Feb 7 after Jacinda Ardern's resignation
New Zealand Prime Minister Jacinda Ardern's shock announcement on Thursday (Jan 19) of her resignation has stunned the country and even her party. She said she “no longer has enough in the tank” to do the job, and would step down no later than early February.
In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann spoke with Correspondent Jonathan Pearlman for more on these developments. See omnystudio.com/listener for privacy information.
1/19/2023 • 6 minutes, 6 seconds
Tech Talk: Asia Pacific sees surge in cyber attacks, accounting for 11% of global cyber attacks
Ransomware attacks remain the number one cyber threat in the Asia Pacific, with groups adopting corporate structures and using zero-day vulnerabilities and supply-chain attacks to infect victims.On Tech Talk, Prime Time’s Timothy Go and Bharati Jagdish speak with Feixiang He, Adversary Intelligence Research Lead, Group-IB to find out his forecasts on the biggest threats we should be looking out for in 2023.See omnystudio.com/listener for privacy information.
1/19/2023 • 11 minutes, 1 second
Market View: Global cotton shortage and how Brazilian producers are navigating challenges, Production and price forecast, Licensing on sustainable sourcing
With Chinese New Year just round the corner, many of us may still be shopping for something to wear over the festive season. But did you know that the world is currently seeing a shortage of cotton used to make our clothes, after extreme weather conditions wreaked havoc upon virtually all of the world’s largest suppliers?
For instance, India saw heavy rains and pests last year dampening demand so much that it has to import cotton supplies. Brazil, which is the second largest cotton supplier in the world, also faced drought which led to a drop in output then.
But how are producers navigating those challenges and what’s next for cotton exporters? Where will prices of cotton move then?
On Market View, Prime Time’s finance presenter Chua Tian Tian posed these questions to Marcelo Duarte, Director of International Relations at the Brazilian Association of Cotton Producers (ABRAPA) and CEO of the Asia Brazil Agro Alliance.See omnystudio.com/listener for privacy information.
1/19/2023 • 16 minutes, 19 seconds
In the Spotlight: The Bottle and the Bank: How wine investing can help you combat inflation and grow your wealth?
To combat inflationary pressure, many people are looking at investment options.
And some are raising a glass to wine investments.
So from the bottle to the bank, Bharati Jagdish and Timothy Go speak with Jeremy Howard, Co-Founder, Cru World Wine on Prime Time's In the Spotlight to find out more about this alternative asset and how to position wine in your portfolio in 2023?
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
1/18/2023 • 11 minutes, 21 seconds
SMEs' future-readiness in 2023: How the right talent can empower smaller firms
As we enter a new year, small and medium enterprises, as well as mid-sized companies, are looking at a challenging future with geopolitical tensions, hyperinflation and supply chain disruptions. Will 2023 break the curse?
Prime Time's Timothy Go and Bharati Jagdish speak with Dr Rashimah Rajah, Lecturer of Management and Organisation at the National University of Singapore Business School to find out how finding the right talent can empower smaller firms.
In the World Economic Forum’s report “Future Readiness of SMEs and Mid-sized Companies: A Year On”, co-lead author Dr Rajah advocates smaller firms to stand out in hiring by promoting their organisational values and use informality to their advantage. See omnystudio.com/listener for privacy information.
1/18/2023 • 13 minutes, 32 seconds
ST: The Big Story, 18 Jan - It’s now easier to spot firms that support better pay for lower-wage workers
Consumers and businesses can now more easily spot companies that support better wages for lower-wage workers to buy goods and services from, by looking out for their Progressive Wage Mark.
The two-tier accreditation scheme was officially launched on Wednesday at an event held at Japanese apparel brand Uniqlo’s local flagship store at Orchard Central.
Recommended by the Tripartite Workgroup on Lower-Wage Workers in August 2021, the mark is administered by the Singapore Business Federation on behalf of the three-way partnership between the Ministry of Manpower, National Trades Union Congress and Singapore National Employers Federation.
In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann spoke with Terence Ho, Associate Professor in Practice at the Lee Kuan Yew School of Public Policy, National University of Singapore to find out more. See omnystudio.com/listener for privacy information.
1/18/2023 • 4 minutes, 28 seconds
Market View: China’s GDP up 3% in 2022, China’s reopening, Lunar New Year Migration, Authorities’ buying of “golden shares” in tech giants, Property investment data, China’s population decline for the first time in over 60 years
The Chinese economy and market is at the front and centre of our discussion today, after the country announced its GDP figures earlier in the week.
If you recall, Gross Domestic Product was up 3% last year. While the figure beat an earlier Bloomberg forecast of 2.7%, it was far lower than the 8.4% in 2021 and below the official 5% target.
But with China reopening its doors to international tourists and dialling back its strict zero-COVID strategy, to what extent can the country stage a strong recovery given the frailing property market?
Meanwhile, the Chinese government has reportedly been taking up “golden shares” in units of Alibaba Group and Tencent Holdings, how would that affect the closely watched tech sector?
On Market View, Prime Time's finance presenter Chua Tian Tian posed these questions to Nicholas Yeo, Head of China Equities, at abrdn.See omnystudio.com/listener for privacy information.
1/18/2023 • 15 minutes, 47 seconds
In the Spotlight: Hawker Centres of Tomorrow: Leading the Way in Sustainability and Compostability
Countries at U.N talks in Uruguay in December, discussed a future global plastics treaty which would cut pollution, with the hope of doing so entirely by 2040.
Over in Singapore, we are also doing our part to reduce plastic usage. A new compostable hawker centre - a first in Singapore - to use fully 100% biodegradable and compostable packaging and zero plastics single use disposable boxes opened at Sembawang late last year.
In the Spotlight on Prime Time, Bharati Jagdish and Timothy Go speak with Kelly Tan, Managing Director of iGreen, to find out more about the effort and roadmap towards zero plastic at our hawker centres.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
1/17/2023 • 11 minutes, 48 seconds
Powering Your Property: Singapore private home rents set to climb another 10-15% this year
A breakneck surge in private residential rents hammered Singapore’s tenants with increases of about 21% in the first nine months of 2022, and the pain looks set to continue this year.
Despite the pace slowing, analysts predict that rents are set to rise by another 10-15% this year.
In Powering Your Property, Prime Time's Timothy Go and Bharati Jagdish speak with Nicholas Mak, Head of Research and Consultancy, ERA Realty for his outlook for the private property sector here. See omnystudio.com/listener for privacy information.
1/17/2023 • 12 minutes, 46 seconds
Market View: IMF on global GDP, What to expect from the World Economic Forum, BoJ and Bank Indonesia’s rate decisions
We’ll put the focus on the state of the global economy today.
According to the International Monetary Fund, severe fragmentation of the global economy could reduce global economic output by up to 7%. But which will be the economies most affected by the change?
And with the World Economic Forum underway, to what extent could we expect the meeting to help policymakers navigate challenges in Europe?
Closer to home, the Bank of Japan and Bank Indonesia are set to announce their rate decisions in the days ahead - but what can we expect and what will the central bank decision mean for the two economies?
On Market View, Prime Time’s finance presenter Chua Tian Tian sat down with Dr Felix Brill, Chief Investment Officer at VP Bank for more.See omnystudio.com/listener for privacy information.
1/17/2023 • 9 minutes, 59 seconds
In the Spotlight: What to expect from China's new year travel rush? More weapons for Ukraine? and a high profile trial in Belarus.
In the Spotlight on Prime Time every Monday, Bharati Jagdish and Timothy Go will speak with our friends from the BBC in London on some of the top stories they are tracking in the week ahead.
This week, they are joined by Jonathan Frewin, Senior Journalist with BBC World Service Partner Hub in London to discuss China, with the new year travel rush roaring back to life despite uncertainty around Covid-19, what can some countries outside China expect?
And on Friday, western defence ministers are gathering in Germany for a Ramstein meeting, to discuss the supply of weapons to Ukraine. What can we expect from that?
Finally, a trial gets underway in Belarus of the opposition leader Svetlana Tikhanovskaya, one of the high profile trials in the country at the moment. Who is she, why is she going on trial and what is the significance of that?See omnystudio.com/listener for privacy information.
1/16/2023 • 10 minutes, 8 seconds
ST: The Big Story, 16 Jan - Over 50% of Singaporeans willing to accept less pay for work-life balance
An Institute of Policy Studies survey shows that different generations value different aspects of their jobs.
Over 50 per cent would be willing to accept less pay or a lesser work role for the benefit of their family or personal life.In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann spoke with Dr Laurel Teo, Senior Research Fellow at the Institute of Policy Studies to find out more about the study. See omnystudio.com/listener for privacy information.
1/16/2023 • 6 minutes, 21 seconds
Honing sustainability skill as we chart towards SG Green Plan 2030
Employers across Singapore appear to be investing in talent when it comes to sustainability-related initiatives. Prime Time's Timothy Go and Bharati Jagdish speak with Dr Noorashikin Rahman, Co-Lead for NP’s Personalised Learning Pathway (PLP) Minor in Sustainability to find out how they’re equipping the future talent pool with the right ESG skills. See omnystudio.com/listener for privacy information.
1/16/2023 • 8 minutes, 22 seconds
Market View: Thematic ETFs Investing, ETF trends, Samsung Asset Management’s launch of Bitcoin Futures ETFs in Hong Kong
We’ll talk all about exchange traded funds today and in particular, we’re going to be talking about thematic ETFs. These are ETFs that are positioned to benefit from long term structural changes such as changes in technology, society, the environment and demographics over time.
And on that note, fund management company Global X ETFs has launched their December 2022 edition of the Thematic ETF Report.
The report provides industry-level analysis of thematic investing ETFs, looking at new launches and closures, changes in assets under management (AUM), and fund flows. So what are the key findings and how would they help us better position for 2023?
On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Richard Siaw, Director Southeast Asia at Global X ETFs for more.See omnystudio.com/listener for privacy information.
1/16/2023 • 15 minutes, 27 seconds
In the Spotlight: Will you opt for a boutique hotel with co-living features?
Hotels are increasingly being turned into co-living spaces in markets, where institutional investors are hunting for cheaper alternatives to residential conversions and high rental growth potential.
But come February, those who are looking for alternative living options can look forward to a first boutique hotel with co-living and hospitality services for a truly flexible stay experience.
In the Spotlight on Prime Time, Timothy Go speak with Giselle Makarachvili, Chief Executive Officer, Hmlet to find out more.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
1/13/2023 • 9 minutes, 47 seconds
Market View: US CPI declined month-on-month for the first time in over 2.5 years, Possibility of 25bps rate hike by US Fed, Bank of Korea’s rate increase and implications on imported inflation, China’s exports and Q4 GDP, Expectations for Singapore’s NODX for December
We deep dived into the latest happenings in the US, South Korea, China and Singapore for today.
In the US, consumer prices fell month-on-month for the first time in over two years, but to what extent does this provide a case for the Federal Reserve to go for a 25 basis point rate increase at the end of the month? Also, what would the implications be on the King dollar?
Over in Asia, we’ve South Korea’s central bank action dominating headlines, but again, how would another rate hike affect the won and imported inflation?
We’ll also take a quick look at several key data points out of China ahead of its Q4 GDP figures, as well as some of the key indicators due to be out of Singapore early next week.
On Market View, Prime Time’s finance presenter Chua Tian Tian unpacked the numbers with Jeff Ng, Senior Currency Analyst at MUFG. See omnystudio.com/listener for privacy information.
1/13/2023 • 10 minutes, 59 seconds
Helping investors assess biodiversity, deforestation risk in portfolios
Biodiversity loss has been extensive over the last 50 years, and the impacts go far beyond the ecological concerns. Certain companies face real financial risks tied to the loss of biodiversity - meaning investors need to consider these risks when allocating funds to these companies and sectors.
Prime Time’s Timothy Go speaks with Nadia Laine, Executive Director, Head of ESG Products at MSCI to find out how they’re helping investors assess biodiversity, deforestation risk in portfolios.See omnystudio.com/listener for privacy information.
1/13/2023 • 8 minutes, 3 seconds
ST: The Big Story, 13 Jan - UMNO's Zahid takes aim at rivals in general assembly opening
UMNO president Ahmad Zahid Hamidi has defended his party’s strategy during the 15th General Election, urging members to stop finding faults and instead think of the way forward.
In his policy speech at the UMNO General Assembly on Friday, Ahmad Zahid also laid out why UMNO and the Barisan Nasional coalition it leads chose to form a unity government with Pakatan Harapan instead of Perikatan Nasional.
In The Straits Times' The Big Story, Multimedia Correspondent Cheow Sue-Ann speaks with Malaysia Correspondent Ram Anand to find out more. See omnystudio.com/listener for privacy information.
1/13/2023 • 5 minutes, 45 seconds
In the Spotlight: What is retail media and why is it important for marketers in 2023?
Southeast Asia has seen a burgeoning retail media growth with giants such as Shopee and Tokopedia.
But with the bumper shopping days quarter over, such as 10.10, 11.11, 12.12 sales, and a looming recession, what can marketplaces and retailers do to power the next stage of growth?
The answer may just lie in retail media.
But what exactly is retail media, what is the strategy that marketers should look at?
In the Spotlight on Prime Time, Timothy Go and Bharati Jagdish speak with Junho Lee, Head of Retail Media Platform (RMP) Business, SEA & ANZ, Moloco to find out more about retail media.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
1/12/2023 • 8 minutes, 5 seconds
What lies ahead for the global travel industry in 2023?
If you thought travel came back with a vengeance last year, you’re not wrong. Air traffic hit about 70% of pre-pandemic levels globally. While we’re thrilled to see normalcy returning and tourism rebounding, will travel in 2023 be as overwhelming?Prime Time's Timothy Go and Bharati Jagdish speak with Boon Sian Chai, Managing Director and Vice President of International Markets, Trip.com Group to find out what lies ahead for the travel industry in 2023.See omnystudio.com/listener for privacy information.
1/12/2023 • 11 minutes, 49 seconds
In the Spotlight: With China's reopening, what can businesses expect in terms of growth and expansion opportunities?
China has reopened its borders to international visitors for the first time since it imposed travel restrictions in March 2020.
This comes ahead of the Chinese Lunar New Year and two billion trips are expected to be made during the festive period, double the number that travelled last year.
What does this mean for businesses in both Hong Kong and China?
In the Spotlight on Prime Time, Timothy Go and Bharati Jagdish speak with Ashley Dudarenok, China Digital & Marketing Expert, Founder of Alarice and ChoZan, for some insights.
Highlights from the conversation:
01:37: How the situation in China is changing following its reopening plans
04:52: What opportunities do businesses see for growth or expansion as China’s borders reopen?
08:25: Threat perceptions of China
09:37: In the digital space, how advanced is China’s technology right now?
Produced and edited by Anthea Ng ([email protected])
See omnystudio.com/listener for privacy information.
1/11/2023 • 11 minutes, 56 seconds
Career 360: A guide to Singapore's career & salary outlook 2023
Singapore’s labour market is expected to remain resilient in spite of economic headwinds for the first quarter of the year, while wage growth in 2023 is forecasted to stay robust. Prime Time’s Timothy Go and Bharati Jagdish speak with Ken Tan, Director - Specialised Contracting (Head of Division) & Professional Service / Head of Sales, PERSOLKELLY for a guide to Singapore's career and salary outlook for 2023. See omnystudio.com/listener for privacy information.
1/11/2023 • 9 minutes, 34 seconds
Market View: Shell’s take on the evolving mobility-retail landscape, Impact of EV charging on decreasing fuel sales, Zesting retail offerings, Partnerships with BYD, McDonalds, Starbucks and Adidas, Plans for 2023
The mobility-retail landscape is at the heart of our discussion on the segment today.
The global retail industry as we know it, has been fundamentally disrupted by the rise in e-commerce over the last twenty years or so, changing the way businesses interact and build relations with their consumers.
But one segment of the industry that was relatively unaffected by this trend, according to McKinsey, was the fuel-retail industry, as it is just not feasible to sell gasoline over the internet.
Fast forward to twenty years later, even the fuel-retail industry is facing challenges of its own as the rapid adoption of electric vehicles is set to substantially decrease fuel sales.
Still, with drivers also spending more time to charge their vehicles, can petrol station operators and mobility retailers make up for the decrease in fuel sales by zesting up its retail offerings? And how would the positioning of mobility firms change as the world heads into a more sustainable energy future?
On Market View, Prime Time’s finance presenter Chua Tian Tian posed these questions to Min Yih Tan, Senior Vice President of Shell’s Global Mobility Network. See omnystudio.com/listener for privacy information.
1/11/2023 • 15 minutes, 58 seconds
In the Spotlight: How can we reduce our carbon footprint in our offices?
The past two years have been a uniquely challenging year.
And as we start looking forward to 2023, when most have returned to the office, this could be a good time to re-evaluate our office spaces and business practices, and set a path to a more sustainable future.
In the Spotlight on Prime Time, Timothy Go and Bharati Jagdish speak with Thushendran Amarakaran, Head of Sustainable Office Solutions, JEB Group, about how to encourage companies to start embedding sustainability into business as usual.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
1/10/2023 • 11 minutes, 50 seconds
Powering Your Property: Is it a good time to invest in foreign property?
Australia has long been a popular location for Singaporeans to buy investment properties, with cities like Perth and Melbourne being particularly popular.
But given rising interest rates, higher inflation and the impact of uncertain political events around the world, is it still a good idea to invest in real estate down under?
On Powering Your Property, Prime Time's Timothy Go and Bharati Jagdish find out from Darien Bradshaw, Executive Director of One Global Australia and One Global Private Office. See omnystudio.com/listener for privacy information.
1/10/2023 • 7 minutes, 8 seconds
Market View: US Non-farm Payrolls on stock movement, US December CPI and Fed’s February meeting expectations, Major bank earnings predictions, Bed Bath & Beyond’s outlook, Apple’s diversification away from China, Tesla’s price cuts and US companies to watch for 2023
We’ll keep you up to date with all you need to know with regard to the US Stock Market today.
Markets received a much needed boost late last week after December’s non-farm payrolls showed wage growth coming in below expectations. But to what extent can we take heart in this piece of news given that the labour market in the US remained rather resilient for the month with more jobs created?
Also - with December’s CPI data due later in the week, what can we expect and what would this mean for the Federal Reserve ahead of its February meeting?
In terms of companies, we’ll also have a look at major banks that are set to report their earnings this week, as well as the outlook for the troubled retailer Bed Bath & Beyond.
On Market View, Prime Time's finance presenter Chua Tian Tian spoke with AJ Kahling, Head of International Education at TD Ameritrade for more, including Apple’s production in India and companies to watch in the US.See omnystudio.com/listener for privacy information.
1/10/2023 • 17 minutes, 25 seconds
What lies ahead for venture investing and markets in 2023?
2022 turned out to be a chaotic year for the world's venture investors as war, political tensions and inflation crimped deal flows, stymied fundraising and delayed public listings. Asia, long a prime target for venture investment, has not been immune. After a bruising year, Prime Time's Timothy Go and Bharati Jagdish speak with Dr Finian Tan, Chairman and Founder of Vickers Venture Partners to find what 2023 has in store for the venture investing landscape.See omnystudio.com/listener for privacy information.
1/9/2023 • 7 minutes, 10 seconds
In the Spotlight: Should you get a copy of Harry's memoir? and what to expect from Joe Biden's visit to Mexico
In the Spotlight on Prime Time, Timothy Go and Bharati Jagdish speak with Rich Preston , Senior World News Reporter/Presenter on the highly anticipated and highly controversial Prince Harry's memoir to be officially released on Jan 10, as well as US President Joe Biden's first visit to Mexico since taking office, how will that help with the perennial immigration problem?See omnystudio.com/listener for privacy information.
1/9/2023 • 12 minutes, 8 seconds
Market View: Conversation with Gridless CEO Erik Hersman - using bitcoin mining to unlock renewable energy in Africa, benefits for rural communities, Seed investment from Jack Dorsey’s Block
Bitcoin mining has long been seen as a form of energy intensive process. According to a Bloomberg report, some studies estimate that the annual energy consumption involved in mining exceeded the amount used by countries such as Belgium.
But did you know, one startup called Gridless is taking advantage of this energy intensive process to unlock cheaper and more sustainable sources of energy in Africa?
Here’s how it works. Africa is a haven for renewable energy but a lot of it has not been harnessed due to the costs involved in building the infrastructure needed to make them usable.
With Bitcoin miners looking to find ways to access energy at lower costs to create new tokens, Gridless is co-locating miners with renewable sources to create a financial incentive for renewable power production in Africa.
On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Erik Hersman, Co-founder and CEO of Gridless on the road ahead for the business.See omnystudio.com/listener for privacy information.
1/9/2023 • 15 minutes, 17 seconds
In the Spotlight: What should be your marketing strategies to maximize revenue in 2023?
The marketing world moves at the speed of light.
To succeed in the fast-paced marketing world and maintain a sense of relevance with your audience, it's vital to stay ahead of them.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Nick Goh, Co-Founder & Head of Strategy, BlackBear Digital to get some insights on the top marketing trends and strategies for 2023. See omnystudio.com/listener for privacy information.
1/6/2023 • 16 minutes, 25 seconds
Market View: Is the Singapore stock market boring? Companies to watch, Comba Telecom System’s secondary listing on the SGX, Spike in Creative Technologies’ shares
The Singapore stock market is in focus today as we wrap up the first business week of 2023. Some market watchers may find the Singapore market a little boring with the benchmark Straits Times Index built on value stocks and bank stocks that are defensive in nature.
But against the backdrop of higher interest rates and market volatilities, the STI bucked regional trend to gain 4.1% for 2022. So how should we go about investing in the Singapore stock market and which companies should we be looking out for?
On Market View, Prime Time’s finance presenter Chua Tian Tian posed these questions to Terence Wong, CEO of Azure Capital.
They also discussed a variety of issues including:
Standout performers for 2022 and companies to watch in 2023
Expectations of reit performance for the new year
Likelihood of more secondary listings in Singapore in 2023 after Comba Telecom System’s debut
Spike in Creative Technologies shares
See omnystudio.com/listener for privacy information.
1/6/2023 • 14 minutes, 56 seconds
What do employers want and how to get noticed in a crowded job market?
Hiring is a large investment and businesses want to find the right fit.
So how can job seekers find out what employers want in 2023, in order to stand out in a crowded job market?
Prime Time's Bharati Jagdish gets some insights from Yvonne Kong-Ho, Career Futurist and Workforce Developer.
See omnystudio.com/listener for privacy information.
1/6/2023 • 14 minutes, 30 seconds
In the Spotlight: Where can entrepreneurs find a right business mentor?
The incredible success stories of self-made entrepreneurs that we read about in the press may lead many to think that today’s celebrated founders made it to the top all on their own.
What headlines usually don’t say is that they all had experienced mentors to guide them.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Kent Teo, Founder and CEO, Invade, about where enterprising youths can get mentorship in their young entrepreneurial journey.
Produced and edited by Anthea Ng ([email protected])
Highlights from the conversation:
01:29: Kent's entrepreneurial journey
04:43: Challenges he faced in his entrepreneurial journey
07: 43: Kent's key to success
13:17: What value does the Somerset Sandbox offer for entrepreneurs-to-be
16:21: What to know about the next batch of 100 Sandbox Somerset Youth Founders
See omnystudio.com/listener for privacy information.
1/5/2023 • 19 minutes, 22 seconds
Market View: McDonald’s Singapore on inflationary environment and prices, plans for 2023, price differentiation across locations, and the odds of opening automated locations in future
At this time of the day we love to ask “What’s for dinner?” but as we decide on what to eat next, fast food is on the table right now on Market View.
Now, fast food has long been described as convenient and pocket-friendly. But with inflation hitting operators, we want to find out how fast food chains are dealing with the rising costs, and if they could take selling prices higher.
On Market View, Prime Time’s finance presenter Chua Tian Tian posed these questions to Benjamin Boh, Managing Director, Mcdonald’s Singapore.
They also chatted about McDonald’s Singapore’s plans for 2023, possibility of new menu items, the rationale behind price differentiation across locations within the city state, as well as the odds of opening automated locations in the island to entice customers on the go.See omnystudio.com/listener for privacy information.
1/5/2023 • 15 minutes, 41 seconds
In the Spotlight: Do we have better ways to cool down as mother earth heats up?
Amidst all the buzz about ESG and how Singaporeans rate it as important in their day-to-day purchase decisions, the truth is, sustainability is expensive.
Many Singaporeans are more conscious of financial concerns despite their desire to practise green living. So, how do you green-proof a city?
Do we have better ways to cool down as the climate heats up?
In the Spotlight on Prime time, Bharati Jagdish speaks with Aman Sivasriamphai, CEO and Founder, Enovatek Energy for more.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
1/4/2023 • 17 minutes, 16 seconds
Career 360: Developing global-ready executives in Singapore
As Singapore aims to cements itself on the world stage as a global hub, the VUCA business landscape continues to pose many challenges for businesses. In order for organisations to remain resilient and succeed, more attention needs to be placed on human capital.
On Career 360, Prime Time's Bharati Jagdish speaks with Tonny Loh, Partner at Heidrick & Struggles Singapore on the ways Singapore can further develop global-ready executives.See omnystudio.com/listener for privacy information.
1/4/2023 • 11 minutes, 25 seconds
Market View: Singapore’s largest home-grown supply chain solutions company, YCH Group, on corporate venturing
We’ve talked in depth about private equity and venture capital investing on the show. But what about corporate ventures and how bigger players are positioning themselves for the future? Our guest for today is from Supply Chain Angels, the corporate venture arm of Singapore’s largest home-grown supply chain solutions company.
Co-invested by National Research Foundation under the Early Stage Venture Funding Scheme III, SCAngels invests in startups that are synergistic and complementary to YCH’s supply chain and logistic business with the aim of “Nurturing Innovative Disruptors”. And we want to find out what they’re up to and which startups they’re setting their sights on for the new year.
On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Isaac Chua, Head of Investment at Supply Chain Angels and Head of Corporate Investment at YCH Group for more.See omnystudio.com/listener for privacy information.
1/4/2023 • 15 minutes, 1 second
In the Spotlight: What will the Metaverse be in 2023?
On the first In the Spotlight of 2023, we look at what to watch out for in the new year ahead.
One of them is the metaverse.
To avoid being left behind, businesses will have to start viewing the metaverse as a platform to expand their retail opportunities and increase customer engagement as analysts predict it to snowball into an US$800 billion industry by 2024.
Prime Time's Bharati Jagdish speaks with Jinnie Lee, Head of Global Partnerships, Klaytn for more insights.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
1/3/2023 • 13 minutes, 15 seconds
Market View: Prospects of a soft landing for the US economy, Value Stocks for 2023, China’s pharmaceutical industry, Singapore’s GDP numbers, 8% GST and Budget 2023
It’s the start of a brand new year and as we head into the first trading day of 2023, we seek to keep you up to date with all you need to know for the week.
In the US, the stock market had suffered a beating last year with major averages ending as much as 33.03% in the red. With the odds of a recession on the top of minds of investors, can the US Federal Reserve engineer a soft landing, and where will markets likely move for January at least?
Over in China, the country’s pharmaceutical sector saw a boost amid the surge in cases but which are the sectors that will benefit from China’s reopening and to what extent is the upside limited?
Back home, Singapore’s Deputy Prime Minister and Minister for Finance Lawrence Wong is set to deliver the country’s FY 2023 Budget Statement in Parliament on 14 February. What can we expect in a high inflationary environment this time round?
On Market View, Prime Time’s finance presenter Chua Tian Tian posed these questions to Song Seng Wun, Economist at CIMB Private Banking. See omnystudio.com/listener for privacy information.
1/3/2023 • 16 minutes, 52 seconds
Powering Your Property: What lies ahead for Singapore real estate in 2023?
Looking ahead to the new year, many will be watching the property market in Singapore with great interest. Will prices of private homes and HDB resale flats rise at a slower pace in 2023?
Prime Time’s Bharati Jagdish speaks with Christine Sun, Senior Vice President of Research & Analytics, OrangeTee & Tie for her outlook for the property market in 2023.See omnystudio.com/listener for privacy information.
1/3/2023 • 10 minutes, 48 seconds
ST: The Big Story, 3 Jan - Singapore’s economic growth slows to 3.8% in 2022; outlook darkens for 2023
According to advance estimates from the Ministry of Trade and Industry on Tuesday, Singapore’s economy grew by 3.8% in 2022, slowing sharply from the 7.6% growth achieved a year earlier.In The Straits Times’ The Big Story, Multimedia Correspondent Hairianto Diman spoke with Associate Editor Vikram Khanna about his outlook for 2023. See omnystudio.com/listener for privacy information.
1/3/2023 • 5 minutes, 26 seconds
In the Spotlight: An economist's outlook for 2023 - recession, US China relations, war in Ukraine and Singapore's economy
As the year comes to an end, the customary flow of economic outlooks is in full swing.
In the Spotlight, Bharati Jagdish speaks with Pushan Dutt, Professor of economics and political sciences at INSEAD on what to look out for in the regional and global political situations, their economies, as well as Singapore’s outlook in 2023.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
12/30/2022 • 14 minutes, 49 seconds
Market View: Final trading day for 2022, US stock market for 2022, Elon Musk on Tesla and "stock market craziness", China's reopening theme, Singapore's GST Hike 2023
It’s the last trading day for 2022, and that means it’s also a time for us to look back on some of the key market stories that made the headlines this year.
In the US, all major averages are heading for their worst year since 2008 but what are the big themes for markets as we kickstart 2023? And speaking of stocks, how could we miss out Elon Musk and Tesla, after the billionaire told employees not be bothered by the recent stock market craziness?
Over in Asia, China is dismantling its pandemic restrictions - but with the rapid spread in COVID-19 cases and countries imposing measures for inbound travellers from China, to what extent can the region see a boom in their tourism activity?
Back home in Singapore, the Goods and Services Tax is set to rise 1 percentage point to 8% come 2023, but who will bear the brunt of rising costs?
On Market View, Prime Time's Finance Presenter Chua Tian Tian broke down the key market stories for the year. See omnystudio.com/listener for privacy information.
12/30/2022 • 13 minutes, 11 seconds
Investing in whisky casks: Should they be the next asset in your portfolio?
68% of Singaporeans are actively investing, with many of them looking for new and exciting alternative assets to get in on.
From gold to classic cars, alternative assets have skyrocketed in popularity with investors. However, when it comes to fascinating alternatives with seriously untapped potential, why not choose one that ages like a fine whisky? That’s why in recent years, whisky has become one of the most popular alternative assets to invest in.
What should investors take note of before investing in this alternative asset? Prime Time's Bharati Jagdish finds out from Simon Aron, Founder & Managing Director of Cask Trade.See omnystudio.com/listener for privacy information.
12/30/2022 • 11 minutes, 9 seconds
ST: The Big Story, 30 Dec - South Korea joins other countries in requiring Covid-19 tests for China arrivals
South Korea said on Friday it will impose mandatory Covid-19 tests on travellers from China, joining the US, Japan and other countries in taking new border measures after Beijing’s decision to lift its stringent zero-Covid policies.
Separately, the latest data out of China shows no new Covid-19 variant has emerged, in spite of the large number of infections spreading throughout the country.
A Dec 28 statement from Gisaid, a global data science initiative, confirmed no new variants have yet emerged from the current outbreak in China.
In The Straits Times’ The Big Story, Multimedia Correspondent Harianto Diman speaks with Professor Dale Fisher, a senior infectious diseases consultant at NUH, to weigh in on these developments.See omnystudio.com/listener for privacy information.
12/30/2022 • 8 minutes, 21 seconds
In the Spotlight: How an architecture firm designs leading-edge solutions in a collaborative and diverse workspace to retain talent and encourage innovation
Imposing structures, impressive portfolios, and exquisite buildings – these are dreams in the pipeline for aspiring architects.
Yet, the lack of work-life balance and high stress have led to the high turnovers and low retention rates in the architecture industry in recent years.
One company is defying all odds to ensure it is the best place to work and learn.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Angela Lee, Managing Director, Asia-Pacific and Principal at HKS to understand their company's culture and secret formula of success.
Produced and edited by Anthea Ng ([email protected])
See omnystudio.com/listener for privacy information.
12/29/2022 • 13 minutes, 21 seconds
Market View: What are the top 3 sectors long term investors should look at in 2023?
On Market View, Willie Keng speaks with Stanley Lim, Content Creator, YouTube Channel "Invest with Stanley" on the top 3 sectors long term investors should be looking at in 2023.See omnystudio.com/listener for privacy information.
12/29/2022 • 9 minutes, 9 seconds
ST: The Big Story, 29 Dec - If you are buying a house in 2023, what should you know?
Looking ahead to the new year, many will be watching the property market in Singapore with great interest.
Will prices of private homes and HDB resale flats rise at a slower pace in 2023?
On the Straits Times The Big Story, Multimedia Correspondent, Hairianto Diman speaks with Christine Sun, senior vice-president for research and analytics at OrangeTee & Tie, on her outlook and the property trends to watch for next year.See omnystudio.com/listener for privacy information.
12/29/2022 • 4 minutes, 54 seconds
In the Spotlight: Why is it a double-edged sword for online merchants who do not prioritise customer experience
There are countless promotional sales events throughout the year, especially online, such as The Great Singapore Sale, Double Eleven, Black Friday and of course the holiday sales season.
But these can be a double-edged sword for online merchants.
In the Spotlight on Prime Time, Bharati Jagdish finds out why from Byron Fernandez, Group CIO, TDCX a New York Stock Exchange-listed digital customer experience solutions provider.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
12/28/2022 • 15 minutes, 19 seconds
Market View: Can you predict the financial markets going into 2023?
It has been a rough 12 months for markets across the world – rising rates, emerging market governments stumble into default, currencies suffer and double-digit losses in stocks and bonds alike - though many investors are optimistic that 2023 could bring some relief.
Could we have predicted all this? What can we as investors do?
Willie Keng speaks with Chong Ser Jing, Co-founder and portfolio manager of Compounder Fund on predictions, expectations and investment psychology for investors going into 2023!See omnystudio.com/listener for privacy information.
12/28/2022 • 11 minutes
Are tech talents still highly sought after amid mass layoffs in top tech firms?
Tech talents that were once so sought after are now facing immense stress and fear of being next on the chopping block. In recent months, top tech companies like Meta, Amazon, and Twitter have announced mass layoffs. Ecommerce platform Shopee has also announced its third wave of job cuts.
In light of the current layoffs, Prime Time's Bharati Jagdish speaks with David Setiawan, Head of Marketing, Jobstreet by SEEK to find out if the Big Tech dream job is really losing its lustre.See omnystudio.com/listener for privacy information.
12/28/2022 • 8 minutes, 47 seconds
In the Spotlight: How can technology enhance fans' experience in sports?
Are you having withdrawal symptoms from the 2022 FIFA World Cup?
Well, the English Premier League season has resumed on Dec 26, with other major European leagues enjoying a slightly longer winter break.
In the Spotlight, Bharati Jagdish speaks with Chris Chelliah, Senior Vice President, Technology and Customer Strategy, Oracle Japan and Asia on how sports and technology converge to provide the ultimate experience.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
12/27/2022 • 13 minutes, 59 seconds
Powering Your Property: Singapore’s residential property sector to face slow down due to sluggish economic growth in 2023
Despite property market cooling measures and rising interest rates, the demand for homes in Singapore shows no signs of abating, even if a slight slowdown in the pace of inflation can already be observed.
Now, Singapore’s residential property sector is set to face a slowdown due to sluggish economic growth in 2023.
In Powering Your Property, Prime Time's Bharati Jagdish speaks with Dr. Lee Nai Jia, Head of Real Estate Intelligence, Data and Software Solutions, PropertyGuru Group to find out the trends that homeowners, buyers, and renters should be aware of to help guide them in their property journey in the new year.
Highlights of the conversation:
01:12: What to expect from Singapore's bullish property market this year
03:00: Impact of the global recession, high-interest rates, and recent property cooling measures on the real estate market in 2023
04:16: To what extent will the completion of new units cool the red-hot rental market?
05:56: Should you invest in a property to rent it out?
08:14: Long-term measures that could stabilize the HDB resale market
09:58: Guide for homeowners and investors as they enter their property journey in the new yearSee omnystudio.com/listener for privacy information.
12/27/2022 • 11 minutes, 3 seconds
ST: The Big Story, 27 Dec - Travellers to China will not need to quarantine from Jan 8
China will scrap quarantine measures for overseas arrivals starting Jan 8, after nearly three years of strict pandemic border restrictions.The National Health Commission announced the downgraded containment measures for Covid-19 in an online notice, adding that travellers would only need a PCR test taken 48 hours pre-flight to enter China.On the Straits Times The Big Story, Multimedia Correspondent, Hairianto Diman speaks with Straits Times' China bureau chief Tan Dawn Wei to weigh in on this development.See omnystudio.com/listener for privacy information.
12/27/2022 • 4 minutes, 58 seconds
Market View: How will markets react to China's reopening on Jan8?
On Market View, there's been a lot of buzz since China's eased its Covid-zero policy and announced its reopening to the world on Jan 8 next year. How will that impact global markets and economies, Willie Keng speaks with Suan Teck Kin, Head of Research, UOB for more insightsSee omnystudio.com/listener for privacy information.
12/27/2022 • 12 minutes, 20 seconds
In the Spotlight: How to secure digital transformation with Zero Trust enabling Cyber Resiliency for the finance industry?
“Digital or Die” has become the motto for the financial services sector. Consumer expectations are pushing further and further into digital realms, and they’ve never been higher.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Vincent Goh, Senior Vice President, Asia Pacific & Japan, CyberArk about the top threats that local financial organisations are facing and how to prevent these by strengthening their cyber resiliency?
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
12/23/2022 • 14 minutes, 18 seconds
Business leaders say their network maturity is slowing growth
Business leaders are now saying that their network maturity is slowing growth, according to a new report from NTT. As enterprises enter the next stage of growth in their digital transformation roadmap following the acceleration into the endeavour over the past two years, how can these organisations plan for their networks to remain robust and agile enough to adapt to new demands?Prime Time's Bharati Jagdish speaks with Amit Dhingra, Executive Vice President at NTT Ltd. Network Service to find out more. See omnystudio.com/listener for privacy information.
12/23/2022 • 11 minutes, 15 seconds
ST: The Big Story, 23 Dec - The Straits Times Car of the Year 2022
In The Straits Times’ The Big Story, Multimedia Correspondent Hairianto Diman spoke with Senior Transport Correspondent, Christopher Tan to find out more about the car that came out tops in The Straits Times Car of the Year 2022 list.See omnystudio.com/listener for privacy information.
12/23/2022 • 4 minutes, 15 seconds
In the Spotlight: No quality inflight WIFI, no flight
Post COVID-19 travellers have an even greater fervour to fly, but they are also a lot more picky about travelling.
In the Spotlight on Prime Time, Bharati Jagdish speaks with David Coiley, Asia Pacific Regional Vice President, Inmarsat Aviation, on the findings of their recent Passenger Experience Survey, which highlights the key issues that would influence passengers’ travel preference with a particular airline.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
12/22/2022 • 13 minutes, 26 seconds
In the Spotlight: Recreate the kopitiam kopi experience at home with no harm done to the environment
With the array of specialty coffees and a wide range of ready-to-drink options popping up around the island in the last few years, we know one thing – Singaporeans love their coffee.
But does this mean that we are losing our traditional Kopi culture amongst the mass integration of atas café coffee?
In the Spotlight on Prime Time, Timothy Go and Bharati Jagdish find out Simon Lieberum, Founder and CEO of NO HARM DONE, doesn’t agree with that and he came up with kopi capsules that are also environmentally friendly.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
12/21/2022 • 9 minutes, 19 seconds
Building Singapore's talent pipeline to support Southeast Asia’s burgeoning digital economy
Southeast Asia’s burgeoning digital economy, propelled by the Covid-19 pandemic, shows no signs of abating – and with it, the urgent need for modern digital skills.
On Career 360, Prime Time's Timothy Go and Bharati Jagdish speak with Cecily Ng, Senior Vice President and General Manager, Salesforce Singapore & Taiwan on their efforts to accelerate digital skills amongst youths in Singapore.See omnystudio.com/listener for privacy information.
12/21/2022 • 9 minutes, 40 seconds
In the Spotlight: Does DeFi need a hard reset? What is Institutional DeFi and why it matters?
Decentralised Finance has gotten a bad name, so have Web 3.0 and NFTs.
The recent Fall of FTX has many called it the Lehman brothers of crypto.
Believers said DeFi needs a hard reset.
Can it? And what’s the next phase of recovery?
In the Spotlight on Prime Time, Timothy Go and Bharati Jagdish speak with James Gordon, Partner, Digital Assets Lead, Asia Pacific, Oliver Wyman, to find out if the next phase of recovery for DeFi is possible and why it is time to explore Institutional DeFi.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
12/20/2022 • 9 minutes, 11 seconds
Powering Your Property: How far will housing rents go in 2023?
Singapore’s red-hot rental market shows no signs of abating, with both the condo and HDB rental indices continuing to rise since July 2020.
So what does that mean for tenants looking to rent? Could this be an opportunity for aspiring landlords to enter the market?
On Powering Your Property, Prime Time's Timothy Go and Bharati Jagdish speak with Nicholas Mak, Head of Research and Consultancy, ERA Realty for his outlook on the residential property market as we edge closer to the end of the year.
Highlights from the conversation:
00:48: How much higher could rents go?
02:22: How will the increase in rents impact tenants and foreigners coming into Singapore?
04:28: Is there a limit to how bullish the rental market can get?
05:43: Should Singapore consider rent control as a short-term measure?
06:58: Does it make sense to buy an investment property to capitalise on high housing rents in 2022?
See omnystudio.com/listener for privacy information.
12/20/2022 • 9 minutes, 29 seconds
In the Spotlight: How did the 2022 FIFA World Cup score in our report card?
In the Spotlight on Prime Time, Timothy Go and Bharati Jagdish are joined by Pete Ross, Producer/Presenter from the BBC, who has been following the 2022 FIFA World Cup, for a report card on the football showcase in Qatar, both on and off the pitch.See omnystudio.com/listener for privacy information.
12/19/2022 • 10 minutes, 24 seconds
Market View: Wall Street in retrenchment mode, Hong Kong’s aim to become a crypto hub vs. FTX saga, US blacklists YMTC, EVs and crypto mining on power reliability
Wall Street is in a retrenchment mode with job cuts and hiring freezes in the tech world making their way to the finance industry.
Major banks including Goldman Sachs Group, Morgan Stanley and Credit Suisse Group have either announced plans or carried out rounds of layoffs ahead of an impending recession. Is this a cause for concern or should investors heave a sigh of relief that banks are taking measures ahead of a potential downturn?
Elsewhere, the crypto sector continues to be a focus area of our discussion today, with Hong Kong Bitcoin and Ether Crypto ETFs raising US$79 million amid the saga surrounding FTX’s founder Sam Bankman-Fried. Will Hong Kong be able to attain its goal of becoming a crypto hub?
On Market View, Prime Time’s finance presenter Chua Tian Tian posed these questions to Lily Fang, Dean of Research and Professor of Finance at INSEAD.See omnystudio.com/listener for privacy information.
12/19/2022 • 12 minutes, 34 seconds
ST: The Big Story, 19 Dec - Lionel Messi gets his fairy-tale ending in dramatic World Cup final
28 days, 32 teams, 64 matches and 172 goals later - it all comes full circle as Lionel Messi finally gets his fairy tale ending, delivering two goals that were instrumental in securing Argentina's third World Cup title.In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann spoke with Sports Correspondent Sazali Abdul Aziz for a recap of the tournament. See omnystudio.com/listener for privacy information.
12/19/2022 • 4 minutes, 54 seconds
In the Spotlight: Eye care technology that helps relieve chronic visual discomfort
Living in an increasingly digital world, protection against digital eye strain is also increasingly important. This is even more so if we were to prevent chronic eye discomfort in old age. How can eye care technology help us?
In the Spotlight on Prime Time, Timothy Go and Bharati Jagdish speak with Alex Neo, Founder, The Eyes Inc, a qualified optometrist with over 15 years of experience and expertise in progressive lenses troubleshooting.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
12/16/2022 • 7 minutes, 47 seconds
Shoppers are returning to malls this holiday season - what's next?
Shoppers are returning to malls in preparation for holiday gifting, but what sets this holiday season apart from previous years is the integral shift in consumer behaviour since the Covid-19 pandemic. As consumers return to stores with renewed expectations, what’s next for retailers? Prime Time's Timothy Go and Bharati Jagdish find out from George Pepes, APAC Vertical Solutions Lead, Healthcare and Retail, Zebra Technologies.See omnystudio.com/listener for privacy information.
12/16/2022 • 9 minutes, 20 seconds
Market View: Federal Reserve’s Dot Plot and Terminal Rates of 5.1%, Sam-Bankman Fried’s saga on Confidence in the Crypto sector, Chinese ADR delisting threat eases after US gets access to audit data
We’ll wrap up the key developments for the week, looking at markets in the US, Europe and China. In the US, the Federal Reserve has raised interest rates by yet another 50 basis points as predicted by market watchers.
But with Fed boss Jerome Powell maintaining the central bank’s resolve to fight red-hot prices, how would that affect market movements as we close off the year?
In other news, FTX’s new CEO said Sam Bankman-Fried committed ‘old-fashioned embezzlement’. How would that affect investors’ confidence in the crypto sector?
On Market View, Prime Time’s finance presenter Chua Tian Tian sat down with Jeremy Tan, CIO, Tiger Brokers (Singapore) to unpack all the information you need to know for the week. See omnystudio.com/listener for privacy information.
12/16/2022 • 14 minutes, 52 seconds
ST: The Big Story, 16 Dec - Can Messi sign off his illustrious career with his first ever World Cup title?
Two more matches to go for the 2022 FIFA World Cup in Doha - Croatia and Morocco on Saturday for the 3rd place playoff and the final on Sunday between defending champions France and Argentina, which will also be the swansong for Lionel Messi.
Can the seven-time Ballon d’or winner sign off his illustrious career with his first ever World Cup title?
On the Straits Times The Big Story, Multimedia journalist, Cheow Sue-Ann gets some insights from Sports Correspondent, Sazali Abdul Aziz in Doha.See omnystudio.com/listener for privacy information.
12/16/2022 • 3 minutes, 54 seconds
In the Spotlight: How is the hiring and firing culture affecting the tech industry?
Tech companies are quickly shedding jobs, marking a reversal over the last few years.
How is this surge in job cuts impacting talent acquisition in organisations in Singapore and the region?
In the Spotlight on Prime Time, Bharati Jagdish and Timothy Go speak with Daniel Kolbe, Founder and Group CEO of ITCS Group to talk about the challenges of sourcing tech talent and how to overcome them.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
12/15/2022 • 11 minutes, 16 seconds
Market View: Saxo’s Outrageous Predictions for 2023, Market Implications, Fed’s rate hikes, Jerome Powell’s post meeting comments
As we head closer towards the end of the year - let’s have a guess on what's to come for 2023.
On that note, online trading and investment specialist Saxo has released its 10 Outrageous Predictions for 2023.
Titled ‘The War Economy’, predictions focus on a series of underappreciated events which, if they were to occur, would send shockwaves across the financial markets as well as political and popular cultures.
Saxo said these predictions are a thought experiment in considering the full extent of what is possible. It’s key to note that they do come true occasionally - take Saxo’s prediction of the UK's exit from the European Union for example.
So, in a world where central banks and governments are set to lose their battle with inflation, what are the risks of markets becoming as outrageous as ever in 2023 and beyond?
On Market View, Prime Time’s finance presenter Chua Tian Tian chatted with Steen Jakobsen, Chief Investment Officer at Saxo on a series of mind-blowing predictions including an Un-Brexit referendum and a billionaire coalition for energy.See omnystudio.com/listener for privacy information.
12/15/2022 • 13 minutes, 21 seconds
Market View: Private equity deals almost halved between Q1 and Q3 2022, Three most hyped Southeast Asian tech listings losing a combined US$51 billion in market value, Can the ROI via an IPO meet PE firms’ needs, Rise in private credit
We’ll deep dive into the private equity or PE industry today. According to a report by global law firm Dechert, PE deal values have almost halved from US$1.2 trillion to just US$685 between Q1 and Q3 this year amid a global economic downturn and tightening monetary conditions.
Question is - how concerned should we be about the industry’s performance for the year, and where are the bright spots?
Separately, the combined value of the three of the most hyped Southeast Asian tech listings over the past year-and-a-half losing a combined market value of US$51 billion since their debut so far. So can PE firms meet the needs of their investors by investing in such tech startups?
On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Siew Kam Boon, Co-head of Dechert’s global private equity practice and Partner in Dechert’s Singapore office to find out more. They also talked about a growing trend of firms turning to private credit to finance buyouts.See omnystudio.com/listener for privacy information.
12/14/2022 • 13 minutes, 14 seconds
In the Spotlight: Market needs and insights for a fast changing digital finance landscape
As digital technology takes centre stage in the financial sector, there is a greater need for finance professionals to be proficient in digital finance to keep up with the influx of the digital financial landscape.
In the Spotlight on Prime Time, Bharati Jagdish and Timothy Go speak with Phil Waters, Head of APAC and Emerging Markets, Oanda for more insights on retail trading and the need for a digitally ready workforce in finance.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
12/14/2022 • 9 minutes, 44 seconds
Stress & changes eroding trust between Singaporean employees & employers
Mental health at the workplace has come to the fore, especially since the Covid-19 pandemic. An estimated 12 billion workdays are lost annually due to depression and anxiety, costing the global economy nearly US$1 trillion.
Now, a new study has found that four in ten workers in Singapore have a high mental health risk. How do we make mental well-being a focus at the workplace? Prime Time’s Timothy Go and Bharati Jagdish find out from Jamie MacLennan, Senior Vice President and General Manager of APAC at LifeWorks.See omnystudio.com/listener for privacy information.
12/14/2022 • 9 minutes, 11 seconds
ST The Big Story, 14 Dec - What is the impact of China's Covid policy pivot?
A week after China began dismantling its tough ‘zero-Covid’ controls, the World Health Organisation is warning of “very tough” times ahead and state media reporting some seriously ill patients at hospitals in Beijing, raising fears of a wave of infections.
In The Straits Times’ The Big Story, Multimedia Correspondent Hairianto Diman spoke with China Correspondent Elizabeth Law about the latest on China's Covid-19 situation. See omnystudio.com/listener for privacy information.
12/14/2022 • 4 minutes, 58 seconds
Market View: China’s reopening expected to boost Hong Kong GDP by 7.6%, South Korea’s bond yields fell for the first time since 2021, Bank’s resilience to ongoing volatilities, US CPI expectations
China’s reopening is on our agenda today, with Covid-19 spreading rapidly through households after an unexpected lifting of pandemic rules.
That sparked confusion on the ground, with hospitals and facilities struggling to deal with the surge in cases. What would China’s reopening path look like after the drastic reopening and how would that drive up economic activity within Asia?
Elsewhere, South Korea’s short-term debt yields fell for the first time since last year yesterday. Could this be the green shoots of recovery from South Korea’s recent bond rout?
On Market View, Prime Time’s finance presenter Chua Tian Tian posed these questions to Gary Ng, Senior Economist for Asia Pacific, Natixis. They also talked about Japan’s November wholesale prices, the modern day bank-run and the November’s US CPI expectations.See omnystudio.com/listener for privacy information.
12/13/2022 • 14 minutes, 55 seconds
In the Spotlight: Cultured Japanese quail crafted in Australia to debut in Singapore in 2023
As it stands today, Singapore is the only country to have given approval for the sale of a cultivated meat product, with GOOD Meat chicken nuggets earning the regulator’s nod in late 2020.
Consumers will have another choice next year when Australia’s largest cultivated meat company will launch Morsel - its cultured Japanese Umai Quail here.
In the Spotlight on Prime Time, Bharati Jagdish and Timothy Go speak with George Peppou, Co-Founder, Vow on what exactly is that product and how are they tastier, more nutritious and more sustainable than the meat we eat today.
Produced and edited by Anthea Ng ([email protected])
Highlights of the conversation:
1.06 : What is the public acceptance of cell-based meat?
2.33 : What are the challenges of getting cell-based meat approved in other countries apart from Singapore?
5.14 : What is the process of your cell-based products?
8.02 : How environmentally friendly is the process?
11.02 : Craze for plant based meat seemed to have fizzled out, how will it impact your business?See omnystudio.com/listener for privacy information.
12/13/2022 • 15 minutes, 45 seconds
How VR empowers home owners to become designers
In our increasingly digitised world, where everything from our phones to our televisions is “smart,” it should come as no surprise that virtual reality and augmented reality are starting to play a role in the design industry. So how can VR empower home owners to become designers? Prime Time's Timothy Go and Bharati Jagdish speak with Muzhaffa Kamal, Co-founder and CEO of Luucid to find out. See omnystudio.com/listener for privacy information.
12/13/2022 • 8 minutes, 50 seconds
In the Spotlight: Oil price outlook, major central banks interest rate decisions as well as US-African relations in focus this week
In the Spotlight on Prime Time, Bharati Jagdish is joined by Jonathan Frewin, Senior journalist with BBC World Service Partner Hub in London, as they take a look at some news moving the markets, with focus on oil prices as well as interest rate decisions from major banks, plus US President Joe Biden will be hosting a summit of African leaders in Washington later this week. What’s on the agenda and why it matters.
See omnystudio.com/listener for privacy information.
12/12/2022 • 12 minutes, 1 second
Sustainability momentum in Singapore businesses accelerate strongly in 2022
The sustainability momentum in Singapore has accelerated strongly in the past 12 months, with more business leaders saying they now work for organisations with sustainability strategies and policies. Prime Time’s Bharati Jagdish speaks with Yoon Young Kim, Cluster President, Singapore, Malaysia and Brunei, Schneider Electric to find out how the sustainability landscape in Singapore will continue to evolve in 2023.See omnystudio.com/listener for privacy information.
12/12/2022 • 12 minutes, 2 seconds
Market View: Private Equity Real Estate Investment Outlook for 2023, Prospects for Japanese Multifamily Real Estate Assets, Market Player’s view on investors pulling out ot private REITs
It’s all about private equity real estate investments today. Japan has been named by a number of analysts we spoke to on the show as a market to enter thanks to its ultra-easy monetary policy.
But for how long will lower interest rates last especially with Tokyo’s inflation growing at the fastest pace in 40 years in November? Which are the other up and coming markets for private real estate assets? And will we see a value pick up in countries such as the UK?
And while investors have turned to private markets to shield themselves from volatilities in public assets for a good part of this year, we saw some investors trying to pull their money out of several private REITs including the US$125 billion unlisted Blackstone Real Estate Investment Trust or BREIT. So how concerned should we be?
On Market View, Prime Time’s finance presenter Chua Tian Tian sat down with Peter Young, CEO and Co-founder at Q Investment Partners for more.See omnystudio.com/listener for privacy information.
12/12/2022 • 14 minutes, 15 seconds
Market View: Morgan Stanley’s job cuts, Walmart CEO on theft in stores, TSMC’s investment in Arizona plant, Dividend yielding stocks to watch in Singapore
Company news takes the centre stage today as we deep dive into key developments for the week.
Within the US, Morgan Stanley is embarking on a fresh round of job cuts amounting to some 1,600 workers or 2 per cent of its total workforce. Question is - has the latest round of tech layoffs sparked wider contagion in other sectors?
Also, Walmart CEO has been quoted saying that theft is becoming a bigger issue at US stores but what would this mean for retailers in the industry? Meanwhile, Taiwan chipmaker TSMC upped its investment at its new Arizona plant to US$40 billion but are chipmakers bidding goodbye to Taiwan?
On Market View, Prime Time’s finance presenter Chua Tian Tian sat down with David Kuo, Co-Founder, The Smart Investor for more.
They also talked about Singapore’s blue chip stocks, companies paying dividends in December and the 3 investment decisions one should make before 2022 ends. See omnystudio.com/listener for privacy information.
12/9/2022 • 17 minutes, 19 seconds
In the Spotlight: How should consumers manage their budget and portfolios in view of inflation, recession and GST rate hike, and still be able to enjoy the festive season?
With the festive season fast approaching, consumers will now be compelled to manage their budget even more carefully, all while dealing with an inflationary environment, a possible recession and the impending GST rate hike in January 2023.
This raises the question: how should consumers manage their portfolios in line with their 2023 resolutions, and still be able to enjoy the festive season?
Prime Time's Bharati Jagdish speaks with Laurent Bertrand, CEO and Co-Founder of BetterTradeOff to get some tips.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
12/9/2022 • 14 minutes, 38 seconds
Uncertainties facing many of the world’s most influential global cities
The recovery from the pandemic, inflation, a slowdown in China, the ongoing reverberations of the conflict in Ukraine and the intensifying effects of climate-related hazards have resulted in a time of intense pressure for global cities all over the world. In the face of global adversity, how are the largest urban centres in Asia Pacific and the world adapting? Prime Time's Bharati Jagdish finds out from Soon Ghee Chua, Senior Partner, Kearney.See omnystudio.com/listener for privacy information.
12/9/2022 • 7 minutes, 36 seconds
In the Spotlight: Why hybrid learning and new assessment processes are set to stay
Having been forced to adopt hybrid learning at the onset of the pandemic in 2020, learners in a recent global survey have expressed their desire for the method to be normalised for the foreseeable future.
Is hybrid learning here to stay and what are the pros and cons?
In the Spotlight on Prime Time, Bharati Jagdish finds out more from Ethan Li, Vice President of AvePoint and Chief Strategy Officer of MaivenPoint.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
12/8/2022 • 13 minutes, 29 seconds
The era of the 'ransom-war' & why we need to be ready for cyberattacks
Forget ransomware – we’re now fighting a ‘ransom-war'. Known ransomware payments totaled a jaw dropping $400 million globally in 2020 and topped $81 million just in the first quarter of last year. In light of this, how can the cybersecurity industry adapt to this evolution? Prime Time’s Bharati Jagdish finds out from Shahnawaz Backer, Senior Solution Architect, F5 Inc. See omnystudio.com/listener for privacy information.
12/8/2022 • 11 minutes, 14 seconds
Market View: US trade deficit widens, November CPI projections, Expectations of central bank actions next week
We’ll pick up where we left off with the US market today.
In the US, the country’s trade deficit widened for a second month in October, but less than what economists had expected in a Bloomberg poll.But how should we be reading into this piece of data, and how would that fit in the bigger picture along with the hotter than expected jobs report and service industry activity in November?What would this mean for the Federal Reserve and market participants then?Aside from the US, the European Central Bank and the Bank of England are also set to announce their rate decisions next week, but what are analysts projecting for now?On Market View, Prime Time’s finance presenter Chua Tian Tian posed these questions to Anthony Joseph Raza, Head of Multi-Asset Strategy, UOB Asset Management.See omnystudio.com/listener for privacy information.
12/8/2022 • 12 minutes, 47 seconds
In the Spotlight: How can Singapore do better in talent retention?
Singapore is ranked first again in Asia, and second globally with its excellent performance in the Global Talent Competitiveness Index 2022, but it ranks much lower in talent retention.
Prime Time's Bharati Jagdish speaks with Dr. Bruno Lanvin, Distinguished Fellow at INSEAD; Co-author of the Global Talent Competitiveness Index (GTCI) 2022; Co-Founder of Portulans Institute INSEAD for more insights on the latest rankings.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
12/7/2022 • 16 minutes, 24 seconds
Market View: Key levels to watch for gold prices, Seasonal gold jewellery demand, Russia-Ukraine war on flight to safety, Chinese gold ETF outflows
We’re going to talk all about gold today. According to FX Street, gold traded close to its best levels in five months at the start of the week amid optimism in China’s reopening.
While better-than-expected US services industry activity data threw a spanner in the works, what is the overall impact of these developments on gold prices and what are the key levels to watch out for now?
On Market View, Prime Time’s finance presenter Chua Tian Tian sat down with Robin Tsui APAC Gold Strategist, SPDR ETFs, State Street Global Advisor for more.
They also discussed seasonal gold jewellery, Russia-Ukraine war on a flight to the safe haven gold, central bank’s appetite for gold and Chinese ETF outflows. See omnystudio.com/listener for privacy information.
12/7/2022 • 14 minutes, 59 seconds
Career360: How Asia Pacific can respond to the growing demand for ESG talent & skills
More than ever, organisations are requiring sustainability-focused and specialist employees across all departments and skill sets. And this need is very apparent across Asia Pacific, with the region looking to quickly increase its ESG credential. Prime Time's Bharati Jagdish speaks with Andy Cartland, Founder and Director, Acre to find out how they’re bridging the talent gap in the region.
See omnystudio.com/listener for privacy information.
12/7/2022 • 11 minutes, 17 seconds
In the Spotlight: The launch of Singapore Blockchain Innovation Challenge 2022 to groom the next generation of blockchain leaders
Singapore Blockchain Innovation Programme is offering S$80,000 to the nation's best hackers to bring their blockchain innovation to life.
In the Spotlight on Prime Time, Bharati Jagdish and Timothy Go speak with Dr Dumitrel Loghin, Research Assistant Professor, School of Computing (SoC), National University of Singapore (NUS) and Singapore Blockchain Innovation Programme (SBIP) about the second edition of the blockchain innovation challenge and the blockchain tech landscape here.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
12/6/2022 • 14 minutes, 3 seconds
Powering Your Property: Major APAC markets weather inflation, rising interest rates
In Powering Your Property, Prime Time's Timothy Go and Bharati Jagdish spoke with John Howald, Executive Director and Head of International Capital, Capital Markets & Investment Services Asia Pacific, Colliers to find out how property markets in Asia Pacific are faring and the outlook for long-term investment opportunities across the region.
Highlights from the conversation:
01:01: Notable markets in the region
02:35: Impact of China's slowdown on its property market
03:00: Outlook for Singapore's real estate market
05:06: Magnitude of pricing dislocations
06:21: Impact of remote and hybrid work on the value of office spaces
07:10: Given the persistence of global inflationary trends, how might investors respond to the future investment outlook?See omnystudio.com/listener for privacy information.
12/6/2022 • 8 minutes, 56 seconds
ST: The Big Story, 6 Dec - Singapore involved in study on new drug to slow progression of Alzheimer’s disease
A major clinical trial, which included 13 patients from National University Hospital, showed that the drug lecanemab slowed cognitive and functional decline in participants aged 50 to 90 with early Alzheimer’s disease.
In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann speaks with Associate Professor Christopher Chen, a Visiting Consultant in the Department of Psychological Medicine at NUH about the research.See omnystudio.com/listener for privacy information.
12/6/2022 • 6 minutes, 55 seconds
Market View: Can we expect a Santa Rally, prospects for US growth stocks, Singapore's STI predictions for the end of 2022
With December being a strong month for the US stock market over the past seven decades, to what extent can investors look forward to a Santa Rally this time round?
Meantime, China eased its pandemic restrictions in some cities over the weekend, including a reduction in mass testing. But what would this mean for markets in China and Hong Kong?
On Market View, Prime Time's finance presenter Chua Tian Tian sat down with Samuel Wong, Trading Strategist at OCBC Securities for more.See omnystudio.com/listener for privacy information.
12/6/2022 • 14 minutes, 8 seconds
In the Spotlight: Strikes are expected across UK in run-up to Christmas
In the Spotlight on Prime Time every Monday, we speak with our friends at the BBC in London about some of the global headlines and stories they are tracking in the week ahead.
Bharati Jagdish speaks with Rob Hugh-Jones, Editor, BBC Partner Hub in London, who is monitoring a major court case that opens in Belgium's capital, Brussels; strikes are expected in various sectors in the UK in the run-up to the busy Christmas season and the Nobel Peace Prize award ceremony in Norway.
See omnystudio.com/listener for privacy information.
12/5/2022 • 12 minutes, 38 seconds
Market View: Perfect Corp on the outlook for beauty tech industry, virtual makeup try-on, partnerships with beauty brands, future of virtual fashion try-ons
We’re going to talk all about beauty today. Speaking of beauty, have you ever gone out with little or no makeup only to realise you need to take a selfie or a photograph to put on your social media?
In these situations, beauty apps that provide virtual makeup in real time would prove to be extremely useful. Taiwan’s virtual beauty brand Perfect Corp, is the company behind one of these apps.
But beyond the app, the company also empowers beauty brands such as Estee Lauder, LVMH, Avon and Shiseido with product try-on, facial diagnostics, and digital consultation solutions.
Question is - what exactly are the opportunities in the beauty tech industry and what are some plans for Perfect Corp going forward?
On Market View, Chua Tian Tian sat down with Alice Chang, Founder and CEO of Perfect Corp for more.See omnystudio.com/listener for privacy information.
12/5/2022 • 14 minutes, 20 seconds
The evolution of the agri-food and farm tech industry in Southeast Asia
The agrifood industry in Asia is undergoing a technological revolution at present, which is projected to broaden the scope of agritech business. As the agritech revolution converges in South East Asia, how should investors be navigating agriculture in the digital decade?
Prime Time's Bharati Jagdish speaks with Philippe Ceulen, Head of Strategy, Mandalay to find out.See omnystudio.com/listener for privacy information.
12/5/2022 • 12 minutes, 20 seconds
In the Spotlight: "Enabling the Digital Economy: Global Opportunities in Digital Trust"
Fostering trust in the digital world is vital in today’s age of industry digitalization, the proliferation of misinformation, and changing societal attitudes towards privacy.
SG Tech, the trade association for the tech industry in Singapore, recently launched a landscape report into digital trust, which details how Singapore could grow the digital trust sector by nearly three-fold by 2027 – from S$1.7 billion currently to S$4.8 billion.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Royce Wee, Exco Member, SGTech Digital Trust Committee to find out more.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
12/2/2022 • 11 minutes, 46 seconds
Can the BNPL Code of Conduct help to reduce revenge spending and debt-traps?
With the ‘Live Now Pay Later’ phenomenon catching on among consumers here, how will the growth of the Buy Now, Pay Later model impact consumer debt trends in Singapore?
And can the introduction of the BNPL Code of Conduct help to reduce revenge spending and debt-traps?
Prime Time's Bharati Jagdish finds out more from Ivar Bjorklund, Chief Commercial Officer at Collectius.See omnystudio.com/listener for privacy information.
12/2/2022 • 11 minutes, 27 seconds
Market View: US jobs data, Elon Musk vs Tim Cook, Asian stock vs factory activity performance
Global markets seem to be taking comfort in Federal Reserve Chair Jerome Powell’s balanced tone with regard to further interest rate hikes.
Following that comment by Powell, we have more economic data including initial jobless claims and personal income figures out of the US last night.
Question is - to what extent do the data releases support the case for the central bank to tone down its pace of interest rate hikes?
Away from the US, November turned out to be the best month for Asian stocks in nearly 30 years, but yet private surveys showed factory output slumped for the month. Why the discrepancy?
On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Azeem Sheriff, Market Analyst, CMC Markets APAC & Canada for more. See omnystudio.com/listener for privacy information.
12/2/2022 • 14 minutes, 15 seconds
Market View: US Fed Chair Jerome Powell’s speech, China’s reopening theme and India’s Q3 GDP
We cast the spotlight on the world’s top economies, namely the US, China, and India today. In the US, investors sift through Federal Reserve boss Jerome Powell’s speech at a Brookings Institution event last night for hints on the magnitude of future rate hikes.
Back in Asia, Chinese health officials had announced measures earlier this week to improve vaccination rates among the elderly - but to what extent does this speak about China’s plans to open up to the world once again?
Meanwhile, India released its GDP figures for the third quarter yesterday, but to what extent is demand resilient in face of elevated price gains and borrowing costs?
On Market View, Prime Time’s finance presenter Chua Tian Tian broke down the key topics of the week with Khoon Goh, Head of Asia Research at ANZ.See omnystudio.com/listener for privacy information.
12/1/2022 • 12 minutes, 50 seconds
In the Spotlight: How technology turns edible food waste to valuable ingredients
The UN and sustainability watchdogs noted that countries around the globe pledged in 2015 to halve food waste by 2030, but few are on track to do so.
In the Spotlight on Prime Time, we find out how a local company is doing their part in tackling climate change when Bharati Jagdish speaks with Jessica Zhang, R&D Manager, Singnergy Corporation, as they produce high-value food ingredients from edible food waste or by-products that are usually perceived to be of no further value or use.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
12/1/2022 • 15 minutes, 53 seconds
NUS-ISS new brand launch: Accelerating digital excellence
With the Covid-19 pandemic presenting challenges to many organisations, pushing businesses to ramp up on digital transformation. Prime Time’s Bharati Jagdish speaks with Khoong Chan Meng, CEO, NUS-ISS to find out how they working with the industry and workforce to climb the next curve of digital excellence.We’ll also find out more about NUS-ISS rebranding efforts which was officially unveiled by President Halimah Yacob at the NUS-ISS’ 40th Anniversary Gala Dinner. See omnystudio.com/listener for privacy information.
12/1/2022 • 9 minutes, 24 seconds
In the Spotlight: Sunglasses that fit Asian features
Have you ever had to constantly adjust your sunglasses which never seems to stay on, especially for Asians with lower nose bridges, made worse by the sweltering Singapore heat?
Plus, for those who are into active sports, we’re sure this is more than just an inconvenience.
What if we told you that there are sunglasses that can stay on your nose without slipping off, frame your face, and are easy on your wallet?
In the Spotlight, Bharati Jagdish speaks with Kenneth Tan, Co-Founder, Sunday Shades, for their eyewear that fits Asian features.
Produced and edited by Anthea Ng ([email protected])
Highlights from the conversation:
02:17: Making the switch from running a cloud-hosting company to retail eyewear
07:12: Taking the risk in creating shades that fit the Asian features
08:20: With 20,000 pairs of sunglasses to date, what is the key to success for the brand?
12:14: How does Sunday Shades keep cost low?
14:05: Expansion plans and future strategies for competing with bigger players in the marketSee omnystudio.com/listener for privacy information.
11/30/2022 • 15 minutes, 2 seconds
Almost 50% Singaporean workers threaten to quit their jobs if they’re needed to work in the office full-time
The drive to get people back into offices is clashing with workers who’ve embraced remote work as the new normal.
Like other employees around the globe who have become accustomed to a hybrid work environment, Singaporeans are pushing back on employers who insist they return to the office full-time.
According to a new study by Employment Hero, polling over 1,000 Singaporean knowledge workers, 46% of remote and hybrid workers would consider leaving their jobs if employers forced them to return to the office full-time.
Prime Time’s Bharati Jagdish speaks with Alex Hattingh, Chief People Officer, Employment Hero to find out more the study.
See omnystudio.com/listener for privacy information.
11/30/2022 • 10 minutes, 10 seconds
Market View: Commercial property market trends in Asia - what’s fuelling the 38% drop in investment volume in Q3 and why is Singapore bucking the trend?
The commercial property market in Asia is in focus today. According to the latest Asia Pacific Capital Trends report from MSCI Real Assets, inflationary pressures and a spike in borrowing costs had weighed on dealmaking in APAC in the third quarter of the year,
Investment volume came up to be just US$32.6 billion in Q3, a 38 per cent drop from a year ago.
And across major income producing property sectors, retail fared the worst with transaction volume dropping by over 54% on a yearly basis. There were also signs of yields moving out for some sectors, such as the industrial sector in South Korea.
But why is this the case, and with China doling out support to bolster its property, and higher rates in major economies such as South Korea, what’s the outlook for Asia’s commercial property market?
On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Benjamin Chow, Head of Asia Real Assets Research at MSCI for more.See omnystudio.com/listener for privacy information.
11/30/2022 • 13 minutes, 23 seconds
In the Spotlight: How to address global food hunger and security in escalating climate crisis
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva recently pointed out that 345 million people in the world were now suffering from a food crisis as a result of Russia’s war in Ukraine, high inflation and climate disasters. It is a race against time now to address global food hunger.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Duke Hipp, Director, Public Affairs & Strategic Partnerships, CropLife Asia on global food security and sustainability.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
11/29/2022 • 14 minutes, 20 seconds
ST The Big Story, 29 Nov - Stars, key backroom staff depart Lion City Sailors
The Lion City Sailors’ arrival as Singapore’s first privatised club shook the local football scene in 2020. Now two years on, the Sailors have released several of their highest-paid local footballers and The Straits Times understands that the club has also parted ways with a host of backroom staff.
In The Straits Times' The Big Story, Multimedia Correspondent Hairianto Diman speaks with journalist Deepanraj Ganesan to find out more about these developments. See omnystudio.com/listener for privacy information.
11/29/2022 • 3 minutes, 25 seconds
What do the rising interest rates mean for private residential market in Singapore?
The rising interest rates in Singapore are eroding buyers’ purchasing power which is dampening property demand in a significant manner. What will happen as these interest rates keep increasing given Singapore’s open economy and its strong correlation with the US interest rates?
In Powering Your Property on Prime Time, Bharati Jagdish speaks with Wong Xian Yang, Head of Research, Cushman & Wakefield to find out what rising interest rates means for property investors and the broad private residential real estate market here. See omnystudio.com/listener for privacy information.
11/29/2022 • 11 minutes
Market View: Impact of metaverse to GDP in Asia estimated at between US$0.8-1.4 trillion per year by 2035; strategies by countries to reap rewards of change
While we may not be able to teleport you to the metaverse, we hope to get you thinking about the financial and economic implications of building the metaverse. Well, a recent analysis performed by Deloitte estimated that the impact of the metaverse to GDP in Asia could be between US$0.8 to 1.4 trillion per year by 2035. That’s roughly about 2.4 per cent of overall GDP.
Called “The metaverse in Asia - Strategies for accelerating economic impact”, the report showcases the potential impact of the metaverse in 12 Asian economies and highlights the strategies adopted by these economies to capture the benefits of the metaverse. But what are some of these strategies and how much investments do countries need to put in to reap the rewards of change?
Also - is this shift towards the metaverse inevitable and could we see a reshuffle of tech giants after this so-called ‘battle to build up the metaverse?
On Market View, Prime Time’s finance presenter Chua Tian Tian posed these questions to Duleesha Kulasooriya, Southeast Asia Leader at Deloitte Center for the Edge.See omnystudio.com/listener for privacy information.
11/29/2022 • 13 minutes, 17 seconds
In the Spotlight: President Xi faces stiffest challenges as Covid rage sparks mass protests
Rare protests broke out across China over the weekend as groups of people vented their frustration over the zero-Covid policy.
In The Spotlight, Prime Time’s Chua Tian Tian spoke with Jonathan Frewin, Senior journalist with BBC World Service Partner Hub in London for more on those developments as well as some of the other biggest stories they’re tracking in the week ahead. See omnystudio.com/listener for privacy information.
11/28/2022 • 9 minutes, 26 seconds
Singapore & Hong Kong's quest for regional supremacy
Hong Kong has finally had its financial crown snatched by Singapore, moving up to third most important city for global finance after New York and London.Prime Time’s Chua Tian Tian speaks with David Black, Founder and CEO of Blackbox Research for a deep dive into Singaporeans and Hongkongers’ perceptions about the changing dynamics in the region. See omnystudio.com/listener for privacy information.
11/28/2022 • 8 minutes, 31 seconds
Market View: US Stock Market, Fundstrat's Tom Lee’s expectations of a December rally, Warren Buffet’s recent buys
US stocks got a boost last week from the latest minutes from the Federal Reserve’s November meeting, where the central bank is looking to hand out smaller rate hikes in the coming months. While economic data out of the US showed the US economy responding to the Fed’s four straight 75 basis point interest rate hikes, is it too early for markets to be optimistic?
Similarly, Fundstrat’s Tom Lee predicted that the S&P 500 could rise another 14 per cent through the end of the year as inflation comes down, setting the stage for a big December rally. But how likely is this?
Back in Asia, Warren Buffet has picked up a US$5 billion stake in semiconductor manufacturer TSMC. But what do market watchers see of his recent buy, and what are the opportunities in the Greater China region?
On Market View, Prime Time's finance presenter Chua Tian Tian posed these questions to Ken Shih, Head of Wealth Management, Greater China at Saxo Markets.See omnystudio.com/listener for privacy information.
11/28/2022 • 14 minutes, 18 seconds
In the Spotlight: How will the US midterms election results and Trump's 2024 presidency bid impact Asia?
At the US midterm elections, Democrats took a majority in the Senate and while they lost the House, the result was very close.
At the same time, Donald Trump announced his 2024 presidency bid.
What does the US midterm election results mean to the Asian region?
And if Trump becomes President again, and with Asia being more sensitive to Chinese growth and US financial conditions, how would that impact the region, specifically China and Singapore?
We unpack all of that In the Spotlight on Prime Time in this conversation between Bharati Jagdish and Pushan Dutt, Professor of economics and political sciences at INSEAD.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
11/25/2022 • 13 minutes, 15 seconds
How revenue-based finance can close the gap between traditional finance and investing
There is a growing need for alternative sources of capital for businesses that either cannot obtain, or do not want, traditional loans or private equity investments. One expanding alternative is revenue-based financing. Revenue-based financing as a type of additional capital will allow businesses to access capital without diluting their ownership, increasing their profitability and attracting new investors.
Prime Time's Bharati Jagdish speaks with Jeffrey Liu, CEO and co-founder of Jenfi, a fintech company that provides revenue-based financing to rapidly growing businesses in Asia to find out how revenue-based finance can close the gap between traditional finance and investing.See omnystudio.com/listener for privacy information.
11/25/2022 • 10 minutes, 25 seconds
ST: The Big Story, 25 Nov - Crowds form at Orchard Road as Black Friday sales begin
Shoppers looking to stretch their dollar amid the rising cost of living were out in force on Black Friday, with long queues spotted outside malls along Orchard Road.
In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann spoke with Senior Correspondent Chantal Sajan to discuss shopping deals being offered during one of the biggest retail weekends of the year.See omnystudio.com/listener for privacy information.
11/25/2022 • 5 minutes, 37 seconds
Market View: China’s reopening - Wang Yi Ming’s China 5% GDP growth forecast next year, Bill Ackman’s comment on Hong Kong dollar’s peg, EV sales, Support for the property sector
We’re going to wrap up the week by talking about China. Investors have been keeping a close eye on China’s reopening as the country reported its highest number of daily Covid-19 cases since the start of the pandemic this week.
While China has all along stuck to its zero-Covid policy, what’s more tricky this time round is that the development came after China recently dialled back on some of its pandemic measures, signalling a renewed focus on growth.
With China’s cabinet also pledging new stimulus measures to revive its COVID-battered economy.this week, what are the chances of authorities reinstating containment measures? Also - where do market watchers expect growth to to look like for China for this year and the next?
On Market View, Prime Time’s finance presenter Chua Tian Tian got down to the details with Brock Silvers, Chief Investment Officer at Kaiyuan Capital.See omnystudio.com/listener for privacy information.
11/25/2022 • 13 minutes, 43 seconds
In the Spotlight: How will automation strengthen the retail industry?
The pandemic has shown that through the acceleration of delivery speeds via technological innovation, customer expectations of the retail experience have grown. How do retailers adapt to the changing consumer demand?
In the Spotlight on Prime Time, Bharati Jagdish speaks with Clement Yew, Director of Business Development, Southeast Asia, AutoStore on how automation can strengthen the retail industry.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
11/24/2022 • 11 minutes, 26 seconds
How companies can play a part in Singapore’s journey into a sustainable, resilient & liveable city
As Singapore continues to grow, so too will the challenge of managing the social, ecological, and physical aspects of our densely populated city and infrastructure.Global events in the recent few years have brought the importance of building city resilience to the forefront – and particularly so for a small country with limited land and resources.
Prime Time’s Bharati Jagdish finds out from Argoon Chuang, Digital Consulting Lead, Asia, AECOM.
See omnystudio.com/listener for privacy information.
11/24/2022 • 10 minutes, 50 seconds
ST: The Big Story, 24 Nov - Anwar is Malaysia’s 10th PM, to lead unity government
Pakatan Harapan chairman Anwar Ibrahim was sworn in as Malaysia’s 10th prime minister yesterday, ending a 24-year wait to lead the country.
In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann spoke with Malaysia bureau chief Shannon Teoh on his views on this development.See omnystudio.com/listener for privacy information.
11/24/2022 • 6 minutes, 39 seconds
Market View: VC investments into tech amid fallout of FTX, appetite for money losing startups
VC investments into the tech industry is on our agenda amid massive layoffs by a number of big names such as GoTo, Meta and Twitter, as well as the bankruptcy of cryptocurrency exchange FTX.
With valuations for startups dropping by some 30 to 50 per cent in some cases, VCs at the Bloomberg New Economy Forum held last week warned that the tech industry is seeing a fundamental overhaul going forward.
But how would VCs calibrate their investments in the tech industry amid these challenges and what are the bright spots ahead? On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Debneel Mukherjee, Founder & Managing Partner, Decacorn Capital for more.See omnystudio.com/listener for privacy information.
11/24/2022 • 13 minutes, 16 seconds
In the Spotlight: How does a vintage tea brand fight climate change as well as keep up with the times?
The 1872 Clipper Tea is Singapore’s oldest tea producer, blender and retailer.
The heritage brand, which celebrates its 150th anniversary this year, is renowned for its commitment to delivering the finest teas from all corners of the world.
In the Spotlight on Prime Time, Bharati Jagdish speaks with its fifth gen leader, Rehan Amarasuriya, Director of The 1872 Clipper Tea Co. and Executive Director of B.P de Silva Holdings on how are they keep that legacy alive, the challenges they face with climate change and of course, what’s next?
Produced and edited by Anthea Ng ([email protected])
Highlights from the conversation:
02:25: The challenges Rehan faced taking over the business as the tea industry continues to evolve
05:16: Standing up against the coffee and bubble tea culture
07:01: Surpassing the competition from other tea brands that have entered the local market
09:36: Ensuring transparency in the supply chain as ESG concerns become more prominent among consumers
13:37: Ways the tea industry can sequester carbon dioxide and mitigate climate changeSee omnystudio.com/listener for privacy information.
11/23/2022 • 17 minutes, 4 seconds
ST: The Big Story, 23 Nov - Manchester United owners consider sale as Cristiano Ronaldo exits
Manchester United said on Tuesday that it was commencing a process to explore “strategic alternatives”, including a new investment or a potential sale -
17 years after the American Glazer family bought the English Premier League football club.In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue- Ann spoke with Sports Correspondent David Lee for more on these developments. See omnystudio.com/listener for privacy information.
11/23/2022 • 5 minutes, 1 second
Talent availability emerges as the top threat facing Singapore’s executives
Leadership competencies are being increasingly challenged by changing workforce engagement and talent availability, with only 30% of Singapore’s leaders saying they are prepared to face them.
On Career 360, Prime Time’s Bharati Jagdish speaks with Ulrike Wieduwilt, Russell Reynolds Associates’ Singapore Managing Director to find out how leaders can invest in talent development and bring on a transformative business environment.See omnystudio.com/listener for privacy information.
11/23/2022 • 11 minutes, 41 seconds
Market View: Commoditising Diamonds - Can it become all investors’ best friend?
Diamonds are a girl’s best friend, but some trading firms are hoping that diamonds can become all investors’ best friend.
According to Investment & Pensions Europe or IPE, there have been attempts over the past 30 years to commoditise the good via a futures exchange or a fund, but each has been met with their fair share of problems.
The main issue lies in the fact that each diamond is unique and hard to price, unlike gold, which has standardised quantities and purity. But a commodity firm called Diamond Standard has managed to commoditise diamonds by grouping them into equally valued clusters.
So how does this work exactly? On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Amelia Bourdeau, Managing Director, Market Strategy at Diamond Standard for more. See omnystudio.com/listener for privacy information.
11/23/2022 • 14 minutes, 20 seconds
In the Spotlight: Is jade a girl's new best friend?
Is jade a girl’s new best friend?
Is the green gemstone becoming a strong contender for that title?
In the Spotlight on Prime Time, Bharati Jagdish speaks with Genevie Yeo, Founder and CEO of Gen.K Jewelry and her younger sister Kayde Yeo, Chief Designer of Gen.K Jewelry on their love for the stone and how their jewellery brand just wants to make jade cool again.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
11/22/2022 • 17 minutes, 14 seconds
Market View: State of the US economy, Prospects for federal funds rate to reach 5-7% , Disney's new CEO
The US economy and stock market are in focus as investors mull mixed signals coming out in recent days. Earlier, consumer prices in the country jumped 7.7% on-year in October, the smallest yearly increase since January. Similarly, producer prices also increased less than expected at 8% for October, providing more evidence that inflation was starting to subside.
While investors took that as sign for the Fed to take its foot off the pedal, St. Louis Fed President James Bullard said terminal federal funds rates could reach the 5 to 7% range, dampening hopes of a Fed pivot.
But what is the current state of the US economy and how are market watchers reading into these developments? On Market View, Prime Time's finance presenter Chua Tian Tian spoke with Shawn Cruz, Head Trading Strategist at TD Ameritrade for more.See omnystudio.com/listener for privacy information.
11/22/2022 • 13 minutes, 47 seconds
Market View: A closer look at UK’s fiscal statement, Japan’s inflation figures and Yen weakness
The UK economy is at the heart of our discussion today after UK’s finance minister Jeremy Hunt last week unveiled a budget plan to save 55 billion pounds a year to fix the country’s public finances.
With almost half of the belt-tightening due to come from tax hikes, to what extent can households withstand such measures as surging inflation continues to erode incomes?
Back in Asia, Japan saw its core inflation figure come in at the highest level in 40 years. What would this mean for markets with Bank of Japan governor Haruhiko Kuroda standing firm on the country’s ultra-loose monetary policy?
On Market View, Prime Time’s finance presenter Chua Tian Tian sat down with Craig Erlam, Senior Market Analyst, UK & EMEA at OANDA for more.See omnystudio.com/listener for privacy information.
11/21/2022 • 11 minutes, 21 seconds
In the Spotlight: Why is Putin visiting Armenia for talks now?
In the Spotlight on Prime Time, Melissa Hyak speaks with Eleanor Smallwood, Host/Producer, Partner Hub, BBC World Service for the biggest stories they’re tracking in the week ahead, including Russian president Vladimir Putin’s visit to the ex-Soviet state of Armenia this week for talks.See omnystudio.com/listener for privacy information.
11/21/2022 • 9 minutes, 7 seconds
Singaporeans sustains appetite for food delivery services post-pandemic
With Covid-19 related dining restrictions easing, one might think the demand for food delivery may wane. Yet, it seems that the two years of the pandemic has built up a reliance, if not an appreciation for the convenience of food at our doorsteps.
On Prime Time, Melissa Hyak speaks with Jason Parke, General Manager, Deliveroo Singapore to find out why food delivery services will play a more important role than before the pandemic.See omnystudio.com/listener for privacy information.
11/21/2022 • 8 minutes, 2 seconds
ST: The Big Story, 21 Nov - Malaysian King gives rival coalitions until Tuesday 2pm to try to form government
Malaysia’s Sultan Abdullah Ahmad Shah has given party leaders and heads of coalitions a one-day extension of the deadline to propose their prime minister candidate. They have until 2pm on Tuesday to do so.
This comes after Saturday’s general election threw up the country’s first-ever hung Parliament.
In The Straits Times' The Big Story, Multimedia Correspondent Cheow Sue-Ann speaks with Malaysia bureau chief Shannon Teoh to weigh in on the 24-hour extension and what the parties might be able to achieve in this time. See omnystudio.com/listener for privacy information.
11/21/2022 • 5 minutes, 5 seconds
In the Spotlight: What do travelers focus on in their holiday plans post-pandemic?
With travel restrictions lifted and borders reopening after more than two years, a surge in demand for travel along with the change in travel trends is inevitable.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Nicola Eliot, Vice President, BBC StoryWorks and John Fitzgerald, CEO of Tourism Tasmania on the latest travel trends ahead of the year end travel season as well as for 2023.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
11/18/2022 • 16 minutes, 17 seconds
Singapore property investors’ pot of gold – Where does the rainbow lie?
Singaporean investors are the biggest overseas commercial real estate investors in Asia. In 2021, a total of US$32 billion was deployed by investors in Singapore, marking a 164% rebound from 2020.
As 90% of us in Singapore already own the home we are living – how can investing in overseas property allow us to build a more diversified portfolio of assets? And how can you get better data to help you make more informed property investments?
Prime Time's Bharati Jagdish speaks with Ashley Osborne, CEO & Co-Founder, Du Val Global to find out how Proptech is changing the way real estate buyers manage their property overseas.See omnystudio.com/listener for privacy information.
11/18/2022 • 9 minutes, 31 seconds
Market View today: Takeaways and economic implications of discussions at COP 27, Singapore’s national hydrogen strategy on energy prices
In Bali, analysts and campaigners welcomed the final communiqué from the G20 which urged all parties to “make progress on loss and damage at the COP27” in Egypt.
While that may breathe new life into UN climate talks, countries seem to struggle to find a common ground on a number of key issues, including limiting the average rise in temperatures to 1.5 degrees Celsius. So what can we expect out of the COP27, which is set to end later today, and how would that affect climate finance and commodity markets?
On Market View, Prime Time's finance presenter Chua Tian Tian sat down with Roman Kramarchuk Head of Future Energy Analytics at S&P Global Commodity Insights and Ankit Sachan, Hydrogen Analyst at S&P Global Commodity Insights for more.See omnystudio.com/listener for privacy information.
11/18/2022 • 14 minutes, 15 seconds
ST: The Big Story, 18 Nov - How big an impact does social media have on Malaysia's GE15?
Malaysia's parties battle on social media to woo young voters
One trend that has emerged in the leadup to Malaysia's 15th General Election on November 19 is that parties took their battle on social media in a bid to woo young voters. How much will their social media presence swing the outcome?
This election will also be the first where voters have three main coalitions to choose from – Barisan Nasional, Pakatan Harapan and Perikatan Nasional, but Straits Times’ Malaysia Bureau Chief Shannon Teoh says a clear and decisive win seems unlikely.
On the Straits Times The Big Story, Multimedia journalist, Cheow Sue-Ann speaks with Shannon for more.See omnystudio.com/listener for privacy information.
11/18/2022 • 6 minutes, 35 seconds
Things to look out for on eve of Malaysia's 15th General Election
Malaysia’s election on Saturday is likely to be close, with nearly a thousand candidates from dozens of parties vying for the hearts and minds of a record 21 million voters.
Parties are expected to campaign all night till cut off at midnight.
On the eve of Malaysia's polling day, Prime Time's Bharati Jagdish speaks Shannon Teoh, Malaysia Bureau Chief at the Straits Times, to get a sense of the latest on the ground and what to expect on polling day.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
11/18/2022 • 17 minutes, 47 seconds
Market View: VC investments into FoodTech and Kairos Capital Group’s new FoodTech Fund
Food sustainability has made its way into discussions at the COP 27 meeting as the world battles the effects of climate change, and supply chain disruptions brought about by the pandemic and the war in Ukraine.
At the COP 27 climate conference, the European Investment Fund, also Europe’s largest venture capital and private equity financier, signed investments totalling some 247 million Euros to enable five equity funds to back 2.5 billion Euros of climate investments, including areas such as food innovation.
Increasingly, we’re also seeing VC investors putting their money into food sustainability or novel foods. Just take Singapore-based Kairos Capital, for example.
The VC firm, which has invested in tech giants like ByteDance, Airbnb and Spotify, is also investing into meat alternative companies such as Oatly, Eat Just and Impossible Meat. It’s in fact launched a FoodTech Fund to further efforts on this front.
On Market View, Prime Time’s finance presenter Chua Tian Tian sat down with Anthony Siau, CEO of Kairos Capital Group to chat about the VC trends and opportunities in the food tech scene.See omnystudio.com/listener for privacy information.
11/17/2022 • 17 minutes, 3 seconds
In the Spotlight: Building decarbonisation - what you need to know and what's needed?
At the COP27 climate talks in Egypt, global property companies and asset managers have gathered at a purpose-built pavilion to discuss how to make buildings more efficient and use materials that are less carbon-intensive to make.
Taking on authentic decarbonisation efforts - How? And what's needed?
In the Spotlight on Prime Time, Bharati Jagdish speaks with Zheng Wanshi, Group Chief Strategy & Planning Officer, Frasers Property for more insights.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
11/17/2022 • 13 minutes, 37 seconds
A year in review: What are the key lessons from the data dramas of 2022?
2022 was a record-breaking year for cybercrime with the average cost of a cyber breach reaching a high of $4.35 million.
Prime Time’s Bharati Jagdish speaks with Kevin Shepherdson, CEO and founder of Straits Interactive about the biggest data dramas of 2022 and what businesses can do to better future-proof themselves against unknown threats.See omnystudio.com/listener for privacy information.
11/17/2022 • 12 minutes, 48 seconds
Market View: Possibility of US rates reaching 6%, Indonesia’s rate hikes, UK fiscal statement
As world leaders gather in the resort island of Bali for the G20 Summit to discuss how countries can “Recover Together, Recover Stronger” from the pandemic, macroeconomic challenges such as inflation, slowing growth and US interest rate hike continue to weigh on governments and central banks.
For one thing, Indonesia’s central bank is set to raise its interest rates by 50 basis points later this week, while further away, the UK is set to release its highly anticipated fiscal statement tomorrow.
So what would all of these mean for markets, and what is the investment outlook ahead for us retail investors in Singapore?
On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with James Cheo, Chief Investment Officer, Southeast Asia at HSBC Global Private Banking and Wealth for more.See omnystudio.com/listener for privacy information.
11/16/2022 • 12 minutes, 2 seconds
In the Spotlight: How to turn your huge debt into a $1 million business? Ask Uncle DiDi
From $10 in the bank account and up to one’s ears in debt to S$1 million in revenue in 4 four years - this is the story behind Uncle DiDi - famous for their unique Popcorn & Cotton Candy flavours. What was the secret behind their success? In the Spotlight on Prime Time, Bharati Jagdish speaks with one of the co-founders Caleb Li of Uncle DiDi to find out more.
Produced and edited by Anthea Ng ([email protected])
Highlights from the conversation:
01:20: The inspiration behind the name Uncle DiDi
02:20: Taking the leap to start a snack business without any experience in the F&B industry
06:20: How Uncle Didi embarked on its growth to be a million dollar business
08:26: Impact of inflation and disruptions in the supply chain worldwide on the business
13:57: Next step in evolving the business locally
See omnystudio.com/listener for privacy information.
11/16/2022 • 15 minutes, 21 seconds
ST: The Big Story, 16 Nov - What is stacked against Trump's 2024 presidency bid?
Donald Trump has announced he's running for US president again in 2024, saying he wants to ‘save the US' with White House bid.
On the Straits Times The Big Story, Multimedia journalist, Cheow Sue-Ann speaks with Nirmal Ghosh, US Bureau Chief at the Straits Times in Washington D.C for more.See omnystudio.com/listener for privacy information.
11/16/2022 • 4 minutes, 49 seconds
How can HR leaders play a role in shaping global net-zero efforts?
The United Nations Environment Programme found that circularity is key in promoting sustainable consumption and production patterns. But it has yet to be at the centre of business strategies, with HR departments long been regarded as inconsequential in our path towards carbon neutrality.
Prime Time’s Bharati Jagdish speaks with Tim MacCartney, Senior Vice President APAC, CoachHub to find out ways HR leaders can pave the way for a sustainable business transformation.See omnystudio.com/listener for privacy information.
11/16/2022 • 10 minutes, 37 seconds
Market View: Ultra-wealthy Chinese’ shift towards private assets amid public market volatilities
All eyes are on China after the country announced a more targeted approach to handle the pandemic. While that has provided a boost to Chinese stocks, for how long can this continue?
In the meantime, private equity firms are seeing an increased number of ultra-wealthy Chinese investors exploring bigger investments in private assets as they seek shelter from wild swings in public markets.
But does it make sense for investors to shield themselves from the ongoing volatilities by turning to private equity funds, which is also seen as a form of high-risk investment?
On Market View, Prime Time’s finance presenter Chua Tian Tian posed these questions to Nick Xiao, VP of Hywin Holdings and CEO of Hywin International.See omnystudio.com/listener for privacy information.
11/15/2022 • 13 minutes, 5 seconds
In the Spotlight: How will Thailand balance world powers at APEC 2022 and will a Shinawatra become its next PM?
World leaders will be in Thailand later this week for the Asia Pacific Economic Cooperation summit starting Friday. Another summit that has been complicated by the Russia-Ukraine war. There’s also a survey on Thailand’s leadership succession, with the daughter of a former PM a popular candidate. In the Spotlight on Prime Time, Bharati Jagdish discusses what to expect with Syetarn Hansakul, Analyst, Economist Intelligence Unit (EIU).
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
11/15/2022 • 13 minutes, 20 seconds
ST: The Big Story, 15 Nov - Key takeaways from Xi-Biden meeting on the sidelines of G20 Summit in Bali
A highly anticipated meeting between China's leader Xi Jinping and President Biden on the sidelines of the G20 Summit in Bali, saw both leaders expressing an openness to restoring channels of communication and repairing a relationship that has been compared to a second Cold War. On the Straits Times The Big Story, Multimedia journalist, Cheow Sue-Ann speaks with Danson Cheong, China Correspondent at the Straits Times in Beijing and Nirmal Ghosh, US Bureau Chief at the Straits Times in Washington D.C, on some other key takeaways from their 3-hour face-to-face meeting for the first time.See omnystudio.com/listener for privacy information.
11/15/2022 • 6 minutes, 37 seconds
Market View: US October’s inflation print, Tech layoffs, FTX saga and China’s easing of Covid-19 rules
The US economy is on our agenda today, after October’s inflation print came in better-than-feared at 7.7% on-year. While that suggests that consumers are reacting to the Fed’s series of outsized rate hikes, is a pivot within sight?
Meanwhile - we saw massive layoffs by a number tech giants in recent weeks including Twitter and Meta. So what does this signal for the tech sector going forward as we head into the holiday season?
On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Thilan Wickramasinghe , Head of Research at Maybank Securities on the above topics. They also discussed the FTX saga on broader markets and the blockchain industry, as well as China’s easing of Covid-19 rules and investments into sustainability in the Southeast Asia region. See omnystudio.com/listener for privacy information.
11/14/2022 • 12 minutes, 19 seconds
In the Spotlight: Key meetings from G20 Summit in Bali and what to make of Russia's pull out from Kherson?
In the Spotlight on Prime time, Bharati Jagdish speaks with Rob Hugh-Jones, Editor, BBC Partner Hub on the top stories they are tracking this coming week. These include what to expect from this week’s G20 Summit in Bali, the key bilateral meetings on the sidelines, plus the latest in the war in Ukraine, whether Russian president Vladimir Putin is changing his strategy with the pullout from Kherson, as well as the controversial lead up to the FIFA World Cup in Qatar.See omnystudio.com/listener for privacy information.
11/14/2022 • 13 minutes, 46 seconds
ST: The Big Story, 14 Nov - Calls for wage increase in view of inflation
As inflation continues to eat away at each dollar and push up the cost of living, the National Wages Council (NWC) has called on employers to raise salaries for employees in guidelines released on Monday.
On the Straits Times The Big Story, Multimedia Journalist, Cheow Sue-Ann speaks with Desmond Choo, Assistant Secretary-General at NTUC for more.
See omnystudio.com/listener for privacy information.
11/14/2022 • 4 minutes, 15 seconds
How have Singaporeans’ travel behaviours changed since the pandemic?
Audience insights company GWI’s latest Travel study reveals that more than 1 in 5 Singaporeans say vacations are very or extremely important to them. Meanwhile, over 70% are planning a vacation in the next 12 months.With travel finally catching up to pre-pandemic levels, what are on the minds of Singaporean travellers and how have they changed because of the pandemic?Prime Time's Bharati Jagdish speaks with Chase Buckle, VP, Trends, GWI to find out. See omnystudio.com/listener for privacy information.
11/11/2022 • 12 minutes, 40 seconds
In the Spotlight: The relevance of G20 Summit in a fractious political environment and Jokowi’s legacy
The 17th G20 Heads of State and Government Summit will take place next week, on 15-16 November 2022 in Bali.
In The Spotlight, Prime Time's Bharati Jagdish speaks with John Marrett, Senior Analyst, Economist Intelligence Unit (EIU) on what to look out for at this leaders’ meeting, as well as Indonesian president Jokowi’s legacy.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
11/11/2022 • 10 minutes, 14 seconds
ST: The Big Story, 11 Nov - China eases Covid-19 quarantine rules, flight bans
In a significant calibration of the Covid Zero policy that has isolated the world’s second-largest economy and raised public ire, Chinese health authorities have eased some of the country’s strict Covid-19 rules.
These include a reduction in the amount of time travellers and close contacts of infected people must spend in quarantine.
In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann speaks with China correspondent Elizabeth Law for more on this development.See omnystudio.com/listener for privacy information.
11/11/2022 • 4 minutes, 51 seconds
Market View: Wayback Burgers' expansion in Asia through WB Burgers Japan, Opportunities in the fast casual restaurant scene, Ability to weather through inflation
Have you thought about what’s for dinner yet? Well, today’s discussion could leave you wanting for a juicy burger to kickstart the weekend.
With over 166 locations across the US, and internationally in countries such as Brunei and Saudi Arabia, American burger chain Wayback Burgers now wants to further expand its footprint in Asia.
The company signed a master franchise agreement through WB Burgers Asia Incorporation, a publicly traded holding company of WB Burgers Japan Company to open 60 Wayback locations in Asia within 20 years. The brand opened its first branch in Tokyo back in March this year and is now setting its sights on Singapore.
On Market View, Prime Time's finance presenter Chua Tian Tian sat down with Mitsuru Anthony Ueno, COO of WB Burgers Japan and COO of Next Meats USA to find out more about the opportunities in the fast casual restaurant scene in Asia.See omnystudio.com/listener for privacy information.
11/11/2022 • 14 minutes, 19 seconds
In the Spotlight: How are businesses in China bracing themselves for 2023?
A slowing Chinese economy, in part due to its zero-Covid strategy, has raised concerns among investors and businesses. How can businesses brave this storm, what digital marketing and tech trends can they adopt for 2023?
In the Spotlight on Prime Time, Bharati Jagdish finds out more from Josh Gardner, Chief Executive Officer, Kung Fu Data, a senior China strategist and a recognised authority on China ecommerce.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
11/10/2022 • 15 minutes, 51 seconds
Matchmaking job-Seekers & recruiters: Using AI to streamline the recruitment process
What if job seekers finding the right job fit and recruiters finding the perfect candidate was like the Netflix reality television series, Indian Matchmaking, but faster and 80% cheaper?
On Tech Talk, Prime Time's Bharati Jagdish speaks with Jansen Gwee, Founder of OppTy to find out how AI can be used to streamline the job recruitment process.See omnystudio.com/listener for privacy information.
11/10/2022 • 9 minutes, 38 seconds
ST: The Big Story, 10 Nov - Republicans perform below expectations in midterms, which may erode Trump’s comeback hopes
It may take days for the final results of Tuesday’s midterm elections to emerge and decide the political make-up of the US Congress; in some cases, run-offs may be necessary.In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann speaks with ST’s US Bureau Chief, Nirmal Ghosh for the latest developments. See omnystudio.com/listener for privacy information.
11/10/2022 • 5 minutes, 47 seconds
Market View: South Korean insurer Heungkuk Life Insurance's flip flop move, South Korean bond rout, Thailand's banking sector outlook
South Korean and Thai credit markets are at the heart of our discussion today. Speaking of South Korea, the country has been scrambling to prevent a credit market meltdown from sparking broader contagion, after local corporate bonds suffered one of the most rapid sell-offs in the past three months.
More recently, South Korean insurer Heungkuk Life Insurance said it’ll delay the buying back of perpetual bonds,citing unfavourable market conditions and the US Federal Reserve’s hawkish stance.
That move triggered a perpetual bond rout in Asia. While Heungkuk Life has decided to reverse its earlier move to exercise a call option on its perpetual notes, we want to find out the outlook for South Korea’s bond markets.
Closer to home, investors continue to watch Thailand’s banking sector even as the country recovers from the troughs of the pandemic. But why is this the case?
On Market View, Prime Time's finance presenter spoke with, Rena Kwok, Credit Analyst at Bloomberg Intelligence for more.See omnystudio.com/listener for privacy information.
11/10/2022 • 7 minutes, 37 seconds
Market View: Yuu Rewards App - Just how much money is in the loyalty programme market?
If you’ve been walking around major malls, you might have seen these three letters - Yuu - popping up in recent weeks.
What exactly is this yuu - you might ask? Apparently this is a reward app founded by minden.ai in strategic partnership with DFI Retail Group.
The tech venture also partners with BreadTalk Group, DBS Bank and even Singtel and Mandai Wildlife Group.
As always on MONEY FM, we want to find out just how much money is in this whole loyalty programme market for these major players to come together and work on such a large scale initiative.
On Market View, Prime Time’s finance presenter Chua Tian Tian spoke all about money with Sng Ren Yeong, CEO at minden.ai and Lee Yik Hun, SEA Marketing Director, Food at DFI Retail Group.See omnystudio.com/listener for privacy information.
11/9/2022 • 12 minutes, 24 seconds
In the Spotlight: How can luxury timepieces hedge against inflation and fight climate crisis?
How can luxury watches hedge against inflation and fight climate change?
In The Spotlight, Prime Time’s Bharati Jagdish speaks with Nelson Lee, Founder of UltraLuxe and Singapore Watch Fair and Matt De Bakker, Founder of Atelier Holgur for more insights.
Produced and edited by Anthea Ng ([email protected])
Highlights from the conversation:
01:50: How do luxury watches match up against other asset classes?
02:58: Benchmarks that will determine the long-term value of a luxury watch
03:47: Markers investors need to look out for before parting with their money
07:18: How are luxury watches a hedge against inflation?
09:02: Debut of a luxury diver’s watch of sustainable materialsSee omnystudio.com/listener for privacy information.
11/9/2022 • 14 minutes, 46 seconds
Tips for navigating a mid-career switch successfully
Planning to embark on a mid-career switch can be very exciting, but it can also be a daunting and life-changing decision. For mid-career switchers, joining a new industry might seem like a restart to their careers but it could also mean taking on a junior position and a lower salary. So how can one navigate a midlife career change successfully? Prime Time’s Bharati Jagdish finds out from Geraldine Chua, Principal Career Coach, Workforce Singapore.See omnystudio.com/listener for privacy information.
11/9/2022 • 10 minutes, 35 seconds
ST: The Big Story, 9 Nov - Bill passed in Parliament to make social media firms account for online harms
Laws to tackle online harms will kick in in 2023 after Parliament passed an Online Safety (Miscellaneous Amendments) Bill on Wednesday, with unanimous support from MPs.
The Bill seeks to amend the Broadcasting Act to make social media platforms liable if they fail to protect local users from online harms, placing the Republic among front runners regulating a space that has so far been self-supervised.
In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann speaks with Communications and Information Minister Josephine Teo for more on these developments. See omnystudio.com/listener for privacy information.
11/9/2022 • 7 minutes, 44 seconds
In the Spotlight: What is human centred design and how does it benefit your workforce post pandemic?
Singapore’s first-ever Human-Centred Design Institute (HCDI) was launched to help organisations upskill their employees with design thinking skills through its suite of customizable training programmes to keep up with the rapid rate of digitalisation in the post-pandemic landscape.
In the Spotlight on Prime Time, Bharati Jagdish finds out more from Edwin Tan, Project Lead at The Sandbox - Ngee Ann Polytechnic's Innovation and Entrepreneurship Office, and a certified Human-Centred Design instructor at LUMA Institute and one of their participants, OCBC Bank. Representing the bank is Ms Yap Aye Wee, SVP, Head of Learning & Development and Organisation Development, Group Human Resources.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
11/8/2022 • 14 minutes, 48 seconds
11.11 Singles Day – How retailers are reimagining the shopping experience
Singles Day/Double 11 is just around the corner and it's not just an online carnival anymore – it now incorporates offline activities. So what does this ‘immersive experience’ mean for retailers and commercial property developers?
On Powering Your Property, Prime Time's Bharati Jagdish speaks with Claire Cormier Thielke, Head of Greater China at Hines, a privately held company that invests in and develops real estate to find out more. See omnystudio.com/listener for privacy information.
11/8/2022 • 12 minutes, 2 seconds
Market View: Could a split government spell good news for US markets, and can developed countries deliver on their prior agreements at the COP 27?
The US economy is on our agenda today as Americans head to the polls for the midterm elections. Observers are spurring bets of a split government, but what would this mean in terms of government spending and could this be good news for markets?
Elsewhere - the COP 27 climate conference gets underway in Egypt but can developed countries deliver on their prior agreements?
On Market View, Prime Time's finance presenter Chua Tian Tian posed these questions to Alicia Garcia Herrero, Chief Economist Asia Pacific, Natixis.See omnystudio.com/listener for privacy information.
11/8/2022 • 15 minutes, 35 seconds
In the Spotlight: What is the prospect of a Donald Trump presidency in 2024?
In the Spotlight on Prime Time, Bharati Jagdish speaks with Jonathan Frewin, Senior Journalist with BBC World Service partner hub in London, about some of the top stories they are tracking this week, including the significance of the US midterm elections, prospects of a future Donald Trump’s presidency and what to look out for at this week’s ASEAN summit in Cambodia. See omnystudio.com/listener for privacy information.
11/7/2022 • 11 minutes, 1 second
Advanced Air Mobility: Bring in the robots to develop more jobs in Singapore
If you’re familiar with Advanced Air Mobility, the industry has been talking about air taxis and doorstep drone deliveries – but what about the everyday people that will drive this reality?
Prime Time's Bharati Jagdish speaks with Skyports’ Head of APAC, Yun Yuan Tay on how the industry will impact the manpower sector and how Singaporeans can prepare for a career in this emerging space. See omnystudio.com/listener for privacy information.
11/7/2022 • 10 minutes
Market View: Cloud communications operators on the telco industry - what are the opportunities and challenges ahead?
When we think about the telecommunications industry, we often think about the major telco players such as Singtel, StarHub and M1 and you have it. But which are the telco providers facilitating your call with your ride hailing driver while hiding the phone number of either party?
That’s where cloud communications operators like Toku come in. But how do these companies differ from traditional telecommunications companies and what are the opportunities and challenges for this group of players?
On Market View, Prime Time's Finance Presenter Chua Tian Tian spoke with Thomas Laboulle, CEO and Founder at Toku for more.See omnystudio.com/listener for privacy information.
11/7/2022 • 13 minutes, 28 seconds
Market View: EIU's real GDP forecast of 1.7% in 2023, Why Asia could weather business sector blues better
As markets continue to mull the Fed’s interest rate hikes, we want to switch gears to take a look at growth forecasts for the following year.
Well, according to an Economist Intelligence Unit or EIU report, global real GDP growth is expected to come in at just 1.7% in 2023, as the war in Ukraine, lockdowns in China and supply chain disruptions continue to hurt growth. But why is this the case, and which are the outperforming sectors?
On Market View, Prime Time's finance presenter Chua Tian Tian spoke with Ana Nicholls, Director of Industry Analysis at the Economist Intelligence Unit (EIU) for more.See omnystudio.com/listener for privacy information.
11/4/2022 • 10 minutes, 43 seconds
In the Spotlight: Who should pay for all the climate crisis related damages?
The world faces a life threatening climate crisis.
One big question is who should pay for all the damages caused by climate change?
With the COP27 taking place in Egypt, in the Spotlight, Prime Time’s Melissa Hyak speaks with Annika Brouwer, Sustainability Analyst, Ninety One - a global investment manager with a strong commitment to the planet - on what to expect when world leaders meet.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
11/4/2022 • 9 minutes, 8 seconds
ST: The Big Story, 4 Nov - Survey highlights the vulnerabilities of food delivery riders
A survey of more than 1,000 food delivery workers here found that they are working long hours with modest pay. What can be done to help workers in this sector?
On the Straits Times The Big Story, Multimedia journalist Cheow Sue-Ann speaks with Mathew Mathews, Principal Research Fellow and Head at IPS Social Lab for more.See omnystudio.com/listener for privacy information.
11/4/2022 • 6 minutes, 46 seconds
GCash rallies behind digitalization push in the Philippines & the region
Southeast Asia’s booming internet economy is set to double to $363 billion by 2025, eclipsing the previous forecast of $300 billion.With digitalization evolving at such a rapid speed, host Melissa Hyak speaks with Winsley Bangit, Chief Customer Officer, GCash, the Philippines’ biggest mobile wallet, mobile payments and branchless banking service to find out how they're making a stronger push for digitalization in the country.They also discuss what GCash’s entry into Singapore’s retail market means for its position as the e-wallet to beat in the Philippine market.See omnystudio.com/listener for privacy information.
11/4/2022 • 7 minutes, 23 seconds
Market View: Fed hikes rates by 75bps, Uncertainties in the Black Sea and Impact on Asian economies, Singapore’s manufacturing outlook
US and Asian economies are at the front and centre of our discussion. Over in the US, the Federal Reserve had raised interest rates by yet another 75 basis points overnight.
While the Fed’s decision was largely in line with market expectations, we want to deep dive into the Fed’s statement for clues on whether a slowdown in rate hikes is in sight.
Elsewhere, more tensions between Russia and Ukraine and uncertainties over the Black Sea grain export deal. To what extent will this push up prices of commodities in major Asian economies such as Indonesia?
On Market View, Prime Time's finance presenter Chua Tian Tian unpacked these developments with Selena Ling, Chief Economist, OCBC Bank.See omnystudio.com/listener for privacy information.
11/3/2022 • 11 minutes
In the Spotlight: New sustainable and cost saving tech solutions for homes
Work-lifestyle changes post-COVID have spurred new tech solutions for homes, including innovations that promote sustainability and increase cost savings.
In The Spotlight, Prime Time’s Bharati Jagdish speaks with Bijoy Mohan, Leader, LIXIL International on some of these trends and on how developers remain profitable while pursuing sustainability in their development projects.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
11/3/2022 • 13 minutes, 48 seconds
How can fintech serve the unbanked and underbanked?
While fintech has accelerated the onboarding of the unbanked and underbanked onto the financial ecosystem in the last two decades, there are still over a billion people who remain outside and on the fringes.On Prime Time, Bharati Jagdish speaks with Nicole Valentine, FinTech Director of the Center for Financial Markets at the Milken Institute to find out what more can be done to improve financial literacy, education and inclusion in the emerging growth markets. See omnystudio.com/listener for privacy information.
11/3/2022 • 12 minutes, 52 seconds
Asia Pacific outpaces the rest of the world in digital payment adoption
Tech Talk, Prime Time’s Bharati Jagdish speaks with Sandeep Malhotra, Executive Vice President, Products & Innovation, Asia Pacific, Mastercard to find out why consumers in Asia Pacific are among the most enthusiastic adopters of digital payments globally and what that means for businesses’ adopting technology to generate new revenue streams and reach new audiences in an increasingly digital world.See omnystudio.com/listener for privacy information.
11/3/2022 • 11 minutes, 53 seconds
ST: The Big Story, 3 Nov - New R&D programme to better prepare for future virus outbreaks
A dedicated research programme was launched on Thursday which will allow Singapore to pull together pandemic experts to respond to future infectious disease outbreak threats.
The Programme for Research in Epidemic Preparedness and Response, or Prepare, will link up experts from various disciplines as well as government agencies to tackle such threats.
We hear from Health Minister Ong Ye Kung and Wang LinFa, Executive Director of Prepare on The Straits Times The Big Story.See omnystudio.com/listener for privacy information.
11/3/2022 • 2 minutes, 36 seconds
Market View: PepsiCo APAC on changing consumer preferences amid inflation, managing costs, business plans ahead
It's all about sodas and snacks today. Speaking of sodas and snacks, PepsiCo released its third quarter corporate results just a couple of weeks ago, where it expects to see 2022 organic revenue rise 12%, up from 10% earlier.
Media reports point to the ability for PepsiCo to pass on higher prices as the reasons for those good numbers - but what is PepsiCo APAC's response to that?
Also, how has consumer behaviour changed amid inflationary pressures and macroeconomic challenges, and how is PepsiCo adapting to these trends? Are smaller soda cans and serving sizes a solution?
On Market View, Prime Time's finance presenter Chua Tian Tian sat down with Wern-Yuen Tan, CEO PepsiCo Asia Pacific, Australia, New Zealand, and China for more.See omnystudio.com/listener for privacy information.
11/2/2022 • 15 minutes, 21 seconds
ST: The Big Story, 2 Nov - Plans in the pipeline to further boost EV adoption
Electric vehicles (EVs) made up more than 10 percent of all new car registrations so far in 2022.
The monthly EV registration adoption rate in September hit a new high of 19 percent, nearly triple the monthly adoption rate seen in 2021.
On the Straits Times, the Big Story, Multimedia Correspondent, Hairianto Diman speaks with Senior transport correspondent Lee Nian Tjoe to discuss plans in place to further boost EV adoption.See omnystudio.com/listener for privacy information.
11/2/2022 • 4 minutes, 1 second
Market View: Enterprise Singapore on plans to grow startups in Singapore
According to data from Enterprise Singapore or Enterprise SG, funding activities have increased exponentially to reach S$14.7 billion in 2021, growing at a pace of more than 45% per annum between 2017 and 2021.
And for the first half of this year alone, funding has reached S$8.18 billion, up 54% from the same period last year.
Despite the healthy figures, Enterprise SG warned last week of a weakening environment for startup fundraising. So what is it doing in the meantime to spur more investments and to grow its startup scene?
On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Lim Seow Hui, Director of Startup Development at Enterprise Singapore for more. See omnystudio.com/listener for privacy information.
11/1/2022 • 12 minutes, 7 seconds
In the Spotlight: Modern data protection is your answer to ransomware
Ransomware remains a top cyber risk for organisations globally while business email compromise incidents are on the rise and will increase further in the 'deep fake' era. Authorities and companies are pulling out all the stops to tackle cybercriminals and central to these all is data protection.
In the Spotlight, Prime Time’s Bharati Jagdish speaks with Matthew Oostveen, Chief Technology Officer & Vice President, Asia Pacific & Japan, Pure Storage about modern data protection.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
11/1/2022 • 14 minutes, 45 seconds
ST: The Big Story, 1 Nov - Parties to unveil candidates ahead of tightly-contested Malaysia general election
Malaysia’s ruling Barisan Nasional (BN) is expected to unveil its slate of candidates for the Nov 19 general election on Tuesday evening.The Straits Times has learnt that several Umno figures in the caretaker Cabinet are likely to be dropped from the candidate list, and popular Health Minister Khairy Jamaluddin has yet to secure a constituency.
In The Straits Times' The Big Story, Multimedia Journalist Hairianto Dirman speaks with Malaysia bureau chief Shannon Teoh to weigh in on this development.See omnystudio.com/listener for privacy information.
11/1/2022 • 7 minutes, 57 seconds
Is the UK property market still attractive to overseas investors?
UK real estate has long been seen as a stable store of value, providing attractive yields in a politically stable environment.
There have been a lot of new factors that have impacted the UK property market in recent years, from Brexit, the consequences of the COVID-19 pandemic, rising interest rates to new leadership changes as Rishi Sunak becomes the third UK PM in just seven weeks, succeeding Liz Truss in her short-lived position.
On, Powering Your Property, Prime Time’s Bharati Jagdish speaks with Stuart Leslie, International Sales and Marketing Director, Barratt London to find out what’s next for UK property and what this all means for international buyers and Singaporeans looking to invest overseas.
Highlights of the conversation:
01:36: Impact of current economic headwinds on the UK property landscape
02:46: Impact on the market’s international appeal and what it means for international investors
04:14: Are there barriers to entry that novice investors should be aware of?
04:44: Areas in the UK that international property buyers can invest in
07:07: Which parts of the UK are Singaporeans investing their money?
09:57: Outlook for the UK property market for the rest of the year and the year ahead
See omnystudio.com/listener for privacy information.
11/1/2022 • 11 minutes, 24 seconds
Market View: Will the Fed pause its rate hike cycle at 4.4% inflation, IMF's outlook for Eurozone economies
US and European economies are in focus today. In the US, markets are betting for the Federal Reserve to announce its fourth straight 75 basis points interest rate hikes.
At the same time, markets are expecting the Fed to pause its interest rate hike cycle somewhere down the road to see how the economy handles the higher rates. But can the Fed afford to do so and if it can, when will this be?
Elsewhere in Europe, the European Central Bank has raised interest rates by yet another three quarters of a point, while the IMF is expecting half of the 19 eurozone nations to head into a recession. So how should investors calibrate their portfolios in the meantime?
On Market View, Prime Time's finance presenter Chua Tian Tian unpacked these developments with Stephane Deo, Global Head of Strategy at Ostrum Asset Management.
See omnystudio.com/listener for privacy information.
10/31/2022 • 13 minutes, 53 seconds
In the Spotlight: What to know about the Itaewon crowd crush, South Korea and US military drills, Israel elections and COP27
In the Spotlight on Prime Time, Bharati Jagdish speaks with Rich Preston, Senior World News Reporter / Presenter, at the BBC in London on some of the global headlines they are tracking this week, starting with the tragic crowd crush in Itaewon, South Korea; and the South Korea and the US joint military drills this week, Israel elections as well as COP27. See omnystudio.com/listener for privacy information.
10/31/2022 • 12 minutes, 56 seconds
Proliferation of million-dollar flats in Singapore & outlook for the HDB resale market
Headline-grabbing million dollar HDB flats in Singapore sees unrelenting demand with a record 45 flats sold.
Prime Time’s Bharati Jagdish finds out what else to expect from the exuberant HDB resale market, even in the face of rising interest rates with Nicholas Mak, Head of Research and Consultancy at ERA Realty.
They also discuss the Housing Board’s deficit climbing to a record $4.367 billion in the financial year ended Mar 31 and what this deficit will mean for consumers.See omnystudio.com/listener for privacy information.
10/31/2022 • 10 minutes, 52 seconds
ST: The Big Story, 31 Oct - What does HDB's deficit mean to consumers?
The Housing Board’s deficit climbed to a record $4.367 billion in the financial year ended March 31, about 86 per cent higher than $2.346 billion the year before.
On the Straits Times The Big Story, Multimedia correspondent, Hairianto Diman speaks with Housing correspondent at the Straits Times, Michelle Ng to explain what this deficit means to consumers.See omnystudio.com/listener for privacy information.
10/31/2022 • 2 minutes, 22 seconds
Market View: To what extent can customised indexes help institutional asset owners better react to a fast changing market?
Increasingly, pension funds, sovereign wealth funds, endowments and other institutional asset owners are evolving their investment strategies to account for impacts of a fast changing market.
That could mean adopting their own unique Environmental, Social and Governance or ESG objectives or other climate investing goals.
To better tap this trend, index compiler MSCI came up with a new product that allows institutional asset owners to customise and adapt indexes that underpin their investment strategies.
On Market View, Prime Time’s finance presenter Chua Tian Tian found out more about these client-driven index solutions from Sebastien Lieblich , Head of Indexed Licensing at MSCI.See omnystudio.com/listener for privacy information.
10/28/2022 • 8 minutes, 11 seconds
In the Spotlight : The global impact of leadership changes in the UK, US & China
In the Spotlight, Prime Time's Bharati Jagdish speaks with Pushan Dutt, Professor of economics and political sciences at INSEAD about the leadership in the US, the UK and China and how it will affect the global outlook moving forward.
Produced by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
10/28/2022 • 14 minutes, 8 seconds
How can Singapore businesses grow locally & globally to reach customers everywhere?
Many small and medium sized businesses have seized the chance to expand into e-commerce over the past two years of the pandemic and now stand at the cusp of booming opportunities globally.
So how can Singapore born and bred businesses grow locally and globally to reach customers everywhere? Prime Time’s Bharati Jagdish speaks with Anand Palit, Head of Global Selling, Southeast Asia, Amazon to find out. See omnystudio.com/listener for privacy information.
10/28/2022 • 9 minutes, 59 seconds
ST: The Big Story, 28 Oct - Singapore’s job market shows signs of ‘slowing momentum’ as retrenchment rises
Employment continued to rise in the third quarter but Singapore’s job market recovery showed signs of a “slowing momentum”, the Ministry of Manpower said on Friday, as retrenchments swung up and the unemployment rate climbed.
In advance estimates for the quarter, MOM said total employment – excluding migrant domestic workers – rose 75,600 from the previous quarter.
But there was a “slight uptick” in unemployment rates and an increase in retrenchments, though both indicators were still on a par with or below pre-Covid-19 levels.In The Straits Times’ The Big Story, Multimedia Cheow Sue-Ann speaks with NTUC assistant secretary-general Patrick Tay to discuss these developments. See omnystudio.com/listener for privacy information.
10/28/2022 • 4 minutes, 24 seconds
In the Spotlight: What is the impact of semiconductor shortage on Singapore’s deep tech ambitions?
Recognising the value of Deep Tech, Singapore has invested strongly in its development. In 2021, Singapore’s Temasek International announced that it would invest S$1 billion in deep tech every year. But central to all these is semiconductors.
In The Spotlight, Prime Time’s Bharati Jagdish speaks with Eugene Fitzgerald, CEO and Director, Singapore-MIT Alliance for Research and Technology (SMART), MIT’s Research Enterprise in Singapore, to find out more about the deep tech ecosystem here and how the global chip shortage has impacted Singapore.
Produced by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
10/27/2022 • 13 minutes, 13 seconds
SE Asia’s top digital economies expected to hit $200 billion in 2022
Southeast Asia’s digital economy is approaching US$200 billion in gross merchandise value in 2022, three years earlier than initially forecast in 2016, say Google, Temasek and Bain & Company at the release of their annual e-Conomy Southeast Asia report on Oct 27.
Fueling this surge are some 100 million additional internet users that have come online in the past three years, with the digital population reaching 460 million this year.
On Tech Talk, Prime Time’s Bharati Jagdish speaks and Fock Wai Hoong, Deputy Head, Technology & Consumer and Southeast Asia, Temasek discuss the findings from the report. See omnystudio.com/listener for privacy information.
10/27/2022 • 10 minutes, 21 seconds
ST: The Big Story, 27 Oct - Singapore and the world entering period of 'prolonged economic pain'
Singapore is headed for a troubling year in which economic growth will slow while inflation will remain elevated, in part because wage increases are expected to continue.
The Monetary Authority of Singapore says global prices may come off their recent peaks but inflation here will remain higher in 2023 than the historical average.In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann speaks with Terence Ho is Associate Professor in Practice at the Lee Kuan Yew School of Public Policy, National University of Singapore on the worst case scenario and how Singapore can be best prepared should conditions worsen.See omnystudio.com/listener for privacy information.
10/27/2022 • 5 minutes, 14 seconds
Market View: China’s broad fiscal deficit hits all-time high, Australia’s Q3 inflation numbers, US Fed’s November rate decision expectations
Yesterday we talked about ongoing volatilities within mainland China and in Hong Kong. Today we’re going to continue that conversation, after China’s broad fiscal deficit hit an all-time high in the first nine months of this year.
Down under, inflation in Australia rose to 7.3% on-year in the third quarter - so what will it take for the Reserve Bank of Australia to keep prices in check?
And with the US Federal Reserve announcing its rate decision, can we expect any pleasant surprises towards the end of the year with speculation of slower interest rate hikes?
On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Mohammed Zaidi, Investment Director and Head of Research at Nikko Asset Management Group to address these questions.See omnystudio.com/listener for privacy information.
10/27/2022 • 13 minutes, 5 seconds
In the Spotlight: Making food sustainable: How is Archisen revolutionising Singapore's agriculture industry
With disruptions in global food supply chains due to the pandemic and the war in Ukraine, it once again shows how imperative it is for Singapore to protect its food resources.In The Spotlight, Prime Time’s Bharati Jagdish finds out more about how a company, founded by two tech professionals, is revolutionising Singapore’s agriculture industry with Chen Meiyue, Channel Manager, Archisen.
Produced by Anthea Ng ([email protected])
Highlights from the conversation:
01:32: How Archisen is transforming conventional agriculture in the fast growing food technology sector
05:19: How Archisen's technology has helped Singapore produce less with more over the years
09:04: How achievable is Singapore's "30 by 30" goal?
10:54: Scalability of the technology to help the region transform the agriculture industry and make food for sustainable
See omnystudio.com/listener for privacy information.
10/26/2022 • 16 minutes, 11 seconds
Transforming the way businesses work with a shift-based workforce
Covid-19 has caused a global reset, pushing many white-collar jobs to pivot to remote or hybrid work, but the situation looked very different for shift workers, given the industries they worked in were perhaps hit hardest by the pandemic.
On Prime Time, host Bharati Jagdish speaks with Mat Ward, CEO, Workmate to find out how they are making a difference in the region's shift-based workforce and transforming the way businesses work with their shift-based workforce.
Workmate is a Singapore-based on-demand staffing platform, and it has been recently acquired by Persol Asia Pacific, one of the region’s largest HR service providers.See omnystudio.com/listener for privacy information.
10/26/2022 • 11 minutes, 42 seconds
Market View: US tech earnings, Rishi Sunak and UK’s fiscal policies and China’s GDP growth
US tech earnings will likely continue to drive market action with major players such as Apple and Amazon reporting later in the week. Over in Europe, former British finance minister Rishi Sunak will succeed Liz Truss as the next UK Prime Minister after his rivals quit the race. But can investors there heave a sigh of relief just yet?
Closer to home, Hong Kong’s shares took a beating earlier in the week while China’s third quarter growth beat expectations, but what implications would these have on the world’s second largest economy?
On Market View, Prime Time’s finance presenter Chua Tian Tian unpacked the key happenings of the week with Dr. Sailesh Kumar Jha, Group Chief Economist and Head of Market Research at RHB Bank Berhad.See omnystudio.com/listener for privacy information.
10/26/2022 • 14 minutes, 13 seconds
Market View: Singapore’s core inflation hits 5.3% in September, what where do Singaporean households see it going?
Singapore’s inflation numbers are at the heart of our discussion today. If you recall, core inflation rose to 5.3% year on year in September, higher than the near 14-year high of 5.1% on-year in August.
Headline inflation, on the other hand, remained at 7.5% on-year, unchanged from that in August.
But beyond the actual figures, what’s also important is how the people in the city state view inflation going forward. On that note, the Singapore Management University and DBS Group Research teamed up to survey around 500 individuals representing a cross section of Singaporean households.
On Market View, Prime Time’s finance presenter Chua Tian Tian deep dived into the survey findings with Dr. Aurobindo Ghosh, Assistant Professor of Finance Education SMU Lee Kong Chian School of Business. He’s also the Principal Investigator for the Singapore Index of Inflation Expectations or SInDEx survey. See omnystudio.com/listener for privacy information.
10/25/2022 • 11 minutes, 51 seconds
In the Spotlight: Swiss to Singapore: How a school campus uses design to foster a carbon neutral future
A world-renowned hospitality business university in Switzerland has architecturally transformed their 86,000 square-feet campus to reduce the risk of climate change.With campuses in Singapore and Switzerland, how exactly did this university achieve such large-scale sustainability success in multiple continents?
In The Spotlight, Prime Time's Bharati Jagdish speaks with Dr Luciano Lopez, Dean of EHL Campus (Singapore) to find out.
Produced by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
10/25/2022 • 12 minutes, 24 seconds
ST: The Big Story, 25 Oct - Low-carbon hydrogen could supply Singapore’s energy needs by 2050
The Government says Singapore has raised its climate ambition, committing to net-zero emissions by 2050.In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann speaks with Melissa Low, a research fellow at the National University of Singapore’s Centre for Nature-based Climate Solutions on how Singapore can reach this ambitious goal.See omnystudio.com/listener for privacy information.
10/25/2022 • 5 minutes, 7 seconds
In the Spotlight: A new approach to defend against underground ransomware
October is Cybersecurity Awareness Month, so we continue our conversation on cybersecurity issues with a focus on a new approach to better protect against ransomware.
As cybercriminals seek out loopholes in operational processes, how can businesses prepare themselves for the next barrage of ransomware attacks?
In the Spotlight on Prime Time, Bharat Jagdish speaks with Chua Chee Pin, Area Vice President of ASEAN, Hong Kong, Korea, Japan and Taiwan at Commvault, a global leader in intelligent data to find out more.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
10/21/2022 • 12 minutes, 26 seconds
Tech hiring trends in APAC & how companies can continue to hire
The fintech sector is thriving globally and locally. It has also brought about disruptive innovations to several industries, increasing the demand for fintech talents worldwide. How can companies continue to hire tech talent for the region? On Prime Time, host Bharati Jagdish speaks with Harsh Sinha, Chief Technology Officer, Wise to find out.See omnystudio.com/listener for privacy information.
10/21/2022 • 10 minutes, 24 seconds
Market View: US markets and possible signs of a new bull cycle, APAC travel recovery and IMF growth forecast for the region
We wrapped up the week by looking at markets in the US, Asia, as well as a number of notable currency moves.
Increasingly, analysts say there may be opportunities in the market, and in particular small cap growth stocks amid the current economic climate. But why is this the case, and what should we be looking out for?
In the meantime, brighter days are ahead for the Asia Pacific region as well, with reports suggesting that the travel industry in APAC may recover faster than the rest of the world. What would this mean for growth in the region as well as the strength of major currencies going forward?
On Market View, Prime Time’s finance presenter Chua Tian Tian sat down with Henry Quek, Asia Pacific Head of Global Markets at State Street as they summed up the key movements for the week.See omnystudio.com/listener for privacy information.
10/21/2022 • 13 minutes, 43 seconds
In the Spotlight: With sky high COE premiums, will you consider car sharing?
COE premiums for all categories are all up in the latest bidding out yesterday, with motorcycle COE price hitting a new high of over $12,800. This comes before the kickoff of the lower COE quota between November and January 2023. Singaporean car owners are looking at other options such as car renting and car sharing.
In the Spotlight on Prime Time, Bharati Jagdish dives deeper into the car sharing option when we speak with Toh Ting Feng, Managing Director and Co-Founder of local car-sharing brand GetGo.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
10/20/2022 • 13 minutes, 55 seconds
Finding the right solutions to infrastructure and data management in Singapore
Businesses and IT leaders have cited infrastructure management as an increasing drain on their resources. More than ever, it is crucial that new technology helps CIOs in their jobs, rather than pile on their workload.On Prime Time, host Bharati Jagdish speaks with Gina Wong, Kyndryl’s Managing Director, Singapore to find out how the right technology can enable more proactive management of complex IT environments and help tech leaders do their jobs better.See omnystudio.com/listener for privacy information.
10/20/2022 • 11 minutes
Market View: Ask me Anything with East Ventures Co-Founder Willson Cuaca
According to the firm, East Ventures was named the most consistent top performing VC fund around the world, as well as the most active investor in Southeast Asia and Indonesia by Preqin.
It is also the first investor for Indonesia’s unicorn companies Tokopedia and Traveloka, and some companies in its portfolio included Shopback, Kudo and Tech in Asia. The VC firm seems to be fairly active in the scene, investing close to 10 companies within the past month.
Question is - Why is East Ventures pumping in money into startups amid the current economic climate? What opportunities does it see and what are some recent investments by the VC firm?
On Market View, Prime Time’s finance presenter Chua Tian Tian sat down with Willson Cuaca, Co-Founder and Managing Partner at East Ventures to address these burning questions.See omnystudio.com/listener for privacy information.
10/20/2022 • 13 minutes, 42 seconds
ST: The Big Story, 20 Oct - What are the key issues of Malaysia's Nov 19 polling day?
Malaysians will go to the polls on Nov 19 for their 15th General Election.
In the Straits Times The Big Story, Multimedia Correspondent, Hairianto Diman speaks with Dr Francis Hutchinson, a senior fellow and coordinator of the Malaysia Studies Programme at the ISEAS - Yusof Ishak Institute, for more. See omnystudio.com/listener for privacy information.
10/20/2022 • 5 minutes, 43 seconds
Market View: US earnings season, Effectiveness of Jeremy Hunt’s policy reversal in the UK, Singapore’s core inflation expectations for September
With the earnings season well underway, investors in the US continue to comb through a number of reports from big names including the Bank of America, United Airlines, Netflix and Hasbro for clues on how inflation have eaten into top and bottom lines, while they await more companies such as P&G to report later in the week.
Elsewhere, European markets edged higher on Monday after Britain’s new Finance Minister Jeremy Hunt reversed almost all of the tax cuts announced by his predecessor Kwasi Kwateng in a bid to bring stability back to the markets.
Back home, investors continue to keep their eyes peeled on September’s core inflation numbers next week to gauge the Monetary Authority of Singapore’s next move.
On Market View, Prime Time’s finance presenter Chua Tian Tian sat down with Song Seng Wun, Economist, CIMB Private Banking as they unpacked the latest happenings in major world economies. See omnystudio.com/listener for privacy information.
10/19/2022 • 15 minutes, 12 seconds
In the Spotlight: A look at the private tuition industry in Singapore
In the Spotlight on Prime Time, we focus on the private tutor industry in Singapore. In the Spotlight on Prime Time, Bharati Jagdish speaks with Nicolette Ng, Director, Write Edge, to find out how this former public relations executive turned 7-chain Creative Writing Tuition Centre owner is paving the way for new private tutors.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
10/19/2022 • 18 minutes, 1 second
Ways businesses can address the ever-growing issue of data security
Digital transformation and data security have been hot topics for some time. However, the Covid-19 pandemic has acted as a catalyst for digital transformation in more ways than one.
And with the popularity of cryptocurrency and digital banking, what is critical in data security as data interacts between existing banks, fintechs and digital only banks? Prime TIme's Bharati Jagdish speaks with Nils Gerhardt, Chief Technology Officer, Utimaco to find out.See omnystudio.com/listener for privacy information.
10/19/2022 • 11 minutes, 38 seconds
How can organizations win the war for talent as economies recover from Covid-19?
As Singapore strengthens its position as a global hub for talent, how can organisations win the war for talent and what kind of best practices and comparisons can be made with how companies in the west are faring?
On Career360, Prime Time's Bharati Jagdish speaks with Jonathan Graham, partner in Heidrick & Struggles' Chicago and New York office and David Hui, Partner in Charge, Heidrick & Struggles’ Hong Kong office to find out more. See omnystudio.com/listener for privacy information.
10/19/2022 • 10 minutes, 58 seconds
Market View: Where is China headed economically and are brighter days in sight for the country’s tech sector?
Asian economies are at the front and centre of our discussion today. Over in China, President Xi Jinping delivered a wide-ranging speech at the 20th National Congress of the Communist Party on Sunday where he laid out the party’s plans for the next five years.
The speech, which lasted for around 2 hours, covered a range of topics from Taiwan to the country’s plans to support development, economic growth and what it calls “common prosperity”. But what would these plans mean for China going forward?
Meanwhile, concerns over inflation and interest rate hikes continue to dominate investing sentiment for the week with Japan reporting their annual inflation figures, and Indonesia reporting its interest rate decision later this week.
On Market View, Prime Time’s finance presenter Chua Tian Tian broke down these developments with Dong Chen, Head of Asia Macroeconomic Research, Pictet Wealth Management.See omnystudio.com/listener for privacy information.
10/18/2022 • 10 minutes, 33 seconds
In the Spotlight: Making private equity investment within your reach
Opening the door to higher returns for more people, in the Spotlight on Prime Time, Bharati Jagdish speaks with Kit Toh, Head of Partnerships, Asia Pacific at Moonfare about a new era of private equity with their emphasis on inclusivity.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
10/18/2022 • 13 minutes, 56 seconds
Executive condos highly attractive to HDB upgraders for investment value
Executive condominiums prices are now at a record high. Almost 300 resale ECs have yielded profits of at least half a million dollars.
On Powering Your Property, Prime Time's Bharati Jagdish finds out how windfalls from resale exec condos make them an alluring buy for HDB upgraders with Christine Sun, Senior Vice President of Research & Analytics, OrangeTee & Tie.
Highlights from the conversation:
01:04: Reasons behind the high profitability of executive condominiums in Singapore
02:13: How resale executive condominiums yield higher profit over time
03:17: What the narrowing price gap between new and resale executive condominiums mean for investors
04:13 : How will recent property cooling measures impact the demand for resale executive condominiums condos and developers adjusting the selling prices of new ECs
07:25: Outlook for 4Q2022 amid the relatively slim pipeline supply of new project launches
08:26: The impact of current economic concerns on the property market in 2023
See omnystudio.com/listener for privacy information.
10/18/2022 • 11 minutes, 42 seconds
ST: The Big Story, 18 Oct - How will Singapore benefit from the Green Economy Agreement with Australia?
Under the Singapore-Australia Green Economy Agreement, both countries will embark on 17 joint initiatives for a start, such as developing a list of environmental goods and services with an eye to reduce tariff and non-tariff barriers.
On the Straits Times The Big Story, Multimedia Correspondent Hairianto Diman speaks with Professor Sumit Agarwal, managing director of Sustainable and Green Finance Institute at the National University of Singapore, for his insights on this development.See omnystudio.com/listener for privacy information.
10/18/2022 • 5 minutes, 59 seconds
In the Spotlight: Is it the end for Trussonomics and her government?
In the Spotlight on Prime Time, Bharati Jagdish speaks with Eleanor Smallwood, Host and Producer at the BBC on the future of UK Prime Minister Liz Truss, what to expect from Hong Kong Chief Executive John Lee’s first ever policy address as well as the Freedom Thought Prize - the European Union's highest tribute to human rights defenders.
See omnystudio.com/listener for privacy information.
10/17/2022 • 13 minutes, 1 second
Market View: Millionaires - where are they now?
Did you know that Singapore is the fifth richest city in the world and the second-wealthiest in Asia with nearly 250,000 millionaires?
Well, according to a report by London-based investment migration firm Henley & Partners, that number is set to get even higher with the country set to get 2,800 more High-Net-Worth Individuals this year.
The report also added that the country could see more of such individuals migrating over to set up family offices and headquarters. So why is this the case? What are some millionaire migration trends and how much money are they bringing with them?
On Market View, Prime Time's finance presenter Chua Tian Tian spoke with Scott Moore, Managing Director at Henley & Partners to find out more.See omnystudio.com/listener for privacy information.
10/17/2022 • 15 minutes, 49 seconds
How worrying is Singapore's Covid-19 wave of XBB?
Singapore’s current wave of Covid-19 infections is being driven by the XBB sub-variant. Now, it is expected to peak at an average of 15,000 daily cases by about mid-November.Prime Time’s Bharati Jagdish speaks with Dr Leong Hoe Nam, Infectious Disease Expert at the Rophi Clinic on what this means for Singapore’s fight against Covid-19 and can we expect to roll back stricter vaccination differentiated measures?See omnystudio.com/listener for privacy information.
10/17/2022 • 8 minutes, 1 second
In the Spotlight: How does virtual twin tech shape the future of smart cities?
As we edge closer to concepts like Web 3.0 and the metaverse, the bridging of worlds between virtual and reality will shine a spotlight on how technology can help to shape the future of Singapore’s smart cities ambitions.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Jacques Beltran, Vice President, Cities & Public Services, Dassault Systèmes to find out more.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
10/14/2022 • 14 minutes, 43 seconds
Market View: US CPI figures, latest earnings reports, MAS tightens monetary policy
Inflation remains on the top of minds of investors as they continue to mull the latest September ‘s consumer price index figures. If you recall, the reading came in hotter than expected at 8.2% on-year from September, while annual core inflation rose from 6.3% in August to 6.6% in September, the highest yearly increase in 40 years.
Meantime, market participants continue to digest the slew of earnings reports at the start of a new corporate earnings season for clues on how inflation and interest rate hikes have eaten into top and bottom lines. So what are the implications of these reports coming out of the US?
Plus - back home, the Monetary Authority of Singapore has undertaken its fifth round of monetary tightening since last October to mitigate the impact of rising imported inflation. But how effective will this be?
On Market View, Prime Time's finance presenter Chua Tian Tian unpacked key developments of the week with Julian Wee, Investment Strategist at Credit Suisse.See omnystudio.com/listener for privacy information.
10/14/2022 • 14 minutes, 17 seconds
Is investing the best strategy to protect wealth amid rising inflation?
9 in 10 Singaporeans are saying that investing can help protect their wealth amid inflationary pressures. Yet, lack of capital, fear of losses and lack of knowledge were the most cited challenges by investors.Prime Time’s Bharati Jagdish speaks with Gavin Chia, Singapore Managing Director, moomoo to find out how we can better address your financial concerns.See omnystudio.com/listener for privacy information.
10/14/2022 • 10 minutes, 1 second
ST: The Big Story, 14 Oct - GST hike to go ahead as planned; govt to review measures to offset impact
Singapore's GST hike will go ahead as planned in January. But the government will review the measures to offset its impact.
In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann speaks with Irvin Seah, Senior Economist, DBS about inflation and the impact of tightening monetary policies on Singaporeans. They also discuss ways Singaporeans can better navigate the choppy waters ahead.See omnystudio.com/listener for privacy information.
10/14/2022 • 6 minutes, 12 seconds
What is the XBB strain? Is this new Covid variant a cause for concern?
New variants of the rapidly mutating coronavirus are still popping up around the world, and a new iteration of COVID on the rise in Asia may be the most immune-evasive yet.
The XBB strain is causing a small surge in cases in several countries, including Singapore.
What is this new XBB strain, should we be worried and how can we better protect ourselves from getting infected?
Prime Time's Bharati Jagdish speaks with Dr. Loh Jiashen, Infectious Diseases Specialist, Farrer Park Hospital, to find out more.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
10/14/2022 • 11 minutes, 17 seconds
In the Spotlight: The making of Singapore's first metaverse wedding
The metaverse is opening up a host of possibilities for users around the globe that stretch far beyond just gaming.
Having come a long way from the early days of so-called virtual weddings, where most only appear in video games like The Sims or Maplestory, it is just a matter of time before we see a wedding in the metaverse!
And Singapore hosted its first such wedding on September 17 - when the CEO of music-focused media company Bandwagon Clarence Chan got hitched to his bride, public relations practitioner Joanne Tham.
In the Spotlight on Prime Time, Bharati Jagdish speaks with the masterminds behind that first metaverse wedding in Singapore, George Wong, Head of Growth, Sandbox Singapore and Loretta Chen, Co-founder, Smobler Studios, and how they are taking virtual reality to the next level.
Produced and edited by Anthea Ng ([email protected])
Highlights from the conversation:
01:56: A peek at what goes on behind a metaverse wedding
07:27: What exactly is the metaverse and how do you marry the physical world with the virtual world?
09:37: Is it cheaper to have an event in the metaverse?
14:06: There has been talk about abuse or violence in the metaverse, how can such problems be prevented?
See omnystudio.com/listener for privacy information.
10/13/2022 • 20 minutes, 15 seconds
How can businesses protect their most vital assets while scaling up digital adoption?
With more than half of surveyed organisations in the Asia Pacific scaling up their use of digital technologies, adaptability in cloud adoption is inescapable and essential.So how do companies cope with securing the immense flood amount of data? And how can businesses protect their most vital assets while keeping up this rat race of cloud transition?Prime Time's Bharati Jagdish speaks with Rafi Katanasho, APAC Chief Technology Officer, Dynatrace to find out.
See omnystudio.com/listener for privacy information.
10/13/2022 • 10 minutes, 55 seconds
Market View: VC investment opportunities in financial services and energy industries
According to GlobalData’s deals database, financing deals worth some US$492.3 million were announced in Asia Pacific in August this year. This was a drop of nearly 40% over the previous month and close to a 45% ((44.6% drop)) when compared on a yearly basis.
But yet some VC investors seem to be actively funding projects and startups in the meantime. So how do they view the industry, and what are they eyeing for in the longer term?
On Market View, Prime Time's finance presenter Chua Tian Tian spoke with Elvin Zhang, Director, Venture Funds and Direct Investments of Financial Services and Energy at Sinarmas for more. They also looked into opportunities within the energy sector amid the current investing climate. See omnystudio.com/listener for privacy information.
10/13/2022 • 14 minutes, 17 seconds
In the Spotlight: How can modern data protection stop ransomware?
October is Cybersecurity Awareness Month.
As ransomware continues to be a growing cybersecurity threat to businesses, In the Spotlight on Prime Time, Bharati Jagdish speaks with Jacqueline Jayne, Security Awareness Advocate, KnowBe4 on how businesses can take preventive measures to mitigate the risks and also be prepared to deal with a ransomware incident, before it happens.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
10/12/2022 • 16 minutes, 1 second
Opportunities jobseekers should look out for in Singapore
According to the latest data from jobs portal Indeed, there’s a growing demand for workers in hospitality and tourism. Other sectors that have seen a rise in hiring also include insurance, veterinary and real estate.With loosening pandemic restrictions and reopening of borders, what other opportunities can jobseekers look out for? And how challenging will it be for recruitment across industries and occupations?Prime Time’s Bharati Jagdish speaks with Callam Pickering, APAC Economist for Indeed to find out.See omnystudio.com/listener for privacy information.
10/12/2022 • 11 minutes, 45 seconds
ST: The Big Story, 12 Oct - Public transport fares for adults to go up by 4 to 5 cents per journey
From Dec 26, bus and train fares will rise by 2.9 percent, meaning an increase of 4 to 5 cents for adults, depending on the distance travelled.
Meanwhile, fares for concession groups such as students and elderly will go up as well by a smaller amount of 1 cent.In The Straits Times’ The Big Story, Multimedia journalist Cheow Sue-Ann speaks with Transport Correspondent Kok Yufeng for more on these recent developments. See omnystudio.com/listener for privacy information.
10/12/2022 • 3 minutes, 58 seconds
Malaysia GE15: No polls for Selangor; Why is Mahathir still contesting?; Will young voters be the game changers?
Malaysia's richest state, Selangor, confirmed that it will not dissolve its state assembly and hold polls this year, a move that points to prolonged political intrigue lasting at least till the middle of next year.
Will the other states follow suit?
Plus why is Dr. Mahathir Mohamad still contesting at the age of 97?
And are the young cohort of first-time voters going to game changers for Malaysia's 15th General Election?
Prime Time's Bharati Jagdish finds out more from Shannon Teoh, Malaysia Bureau Chief at the Straits Times, in this comprehensive conversation.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
10/12/2022 • 16 minutes, 36 seconds
Market View: US September CPI data and the Fed’s next move; JP Morgan’s Jamie Dimon’s warning of a global recession
The US markets are on our agenda with the US CPI data for September set to be released on Thursday.
Based on earlier forecasts by Bloomberg, the headline consumer price index is expected to moderate slightly from 8.3 per cent on-year in August to 8.1 per cent on-year in September. Meanwhile, the more closely watched core inflation is set to rise from 6.3 per cent to 6.5 per cent on-year for September.
So would the decline in headline inflation alone offer any form of reassurance for the Fed to ease off the brakes in its upcoming policy meeting?
On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Azeem Sheriff, Markets Analyst at CMC Markets APAC & Canada to find out what to expect on Thursday and the likely market reaction. See omnystudio.com/listener for privacy information.
10/12/2022 • 14 minutes, 17 seconds
In the Spotlight: Will InsurTech replace face-to-face selling?
Businesses are all pushing towards digitalisation, the insurance industry is no different.
Are Singaporeans keen to purchase the more complex or complicated insurance policies via an app-model? And what should consumers look out for when buying insurance online?
In the Spotlight on Prime Time, Bharati Jagdish speaks with Stephan Kaiser, Chief Executive Officer of KoverNow, for more insights.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
10/11/2022 • 11 minutes, 37 seconds
Market View : Ant Group on its AliPay+ Business and Plans in Japan
Launched in 2020, Alibaba affiliate Alipay+ provides services and technology tools to global merchants and e-wallets to enable their users to make payments in overseas markets using their local e-wallets.
So far, Alipay+ is accepted by global merchants both online and in-store across over 55 countries and regions using partner e-wallets such as the namesake Alipay, Touch and Go, and Kakao Pay.
And the company is actively growing its business as travel restrictions ease across Asia. For one, it worked with 4 Asian e-wallets including the Philippines’ GCash and Malaysia’s Touch’n Go expand into South Korea.
But what are Alipay+’s growth plans going forward and which markets are they eyeing next?
On Market View, Prime Time’s finance presenter Chua Tian Tian sat down with Jia Hang, Regional General Manager, Southeast Asia at Ant Group for more updates on this front - including an announcement on Alipay+’s partnership to bring more e-wallets to Japan, and how the company’s rolling out cross border digital marketing solutions for Burger King in Singapore.See omnystudio.com/listener for privacy information.
10/11/2022 • 15 minutes, 1 second
How will Singapore's latest property cooling measures really affect you?
Prices of resale properties are still increasing and more HDB flats are crossing the one million dollar mark. Given the resilience of the property market in Singapore, how effective will the latest round of property cooling measures be? And how will Singaporeans really be impacted? Prime Time’s Bharati Jagdish speaks with Wong Siew Ying, Head of Research and Content, Propnex Realty to find out. See omnystudio.com/listener for privacy information.
10/11/2022 • 13 minutes, 27 seconds
Market View: Cargill's take on the agricultural industry, partnership with Singapore's EDB, corn wet mill in Indonesia
Investments into the agricultural scene have gained increased attention amid supply chain disruptions brought about by the pandemic and the war in Ukraine.
More recently, hurricane Ian hit Brazil, as well as Florida’s orange belt, sending orange juice futures in New York up by as much as 3% then.
Question is - how can players in the industry mitigate such supply chain concerns and volatilities brought about by poor weather conditions and climate change? How do they view the industry right now and what are some of their recent investments?
On Market View, Prime Time's finance presenter Chua Tian Tian spoke with Ming Peng, Managing Director, Cargill Starches, Sweeteners and Texturizers, in Asia.See omnystudio.com/listener for privacy information.
10/10/2022 • 15 minutes, 1 second
In the Spotlight: What to look out for at the 20th Chinese Congress?
The upcoming 20th National Congress of the Chinese Communist Party taking place on Oct 16 Sunday is expected to be the most significant political event for China in decades.
In the Spotlight on Prime Time’s Bharati Jagdish speaks with Jonathan Frewin, Senior journalist with BBC World Service Partner Hub on what to look out for that will set the tone for China’s goals and priorities for the next five years, as well as the annual meetings of the World Bank and International Monetary Fund in Washington and Japan's government relaxing its entry rules for tourists. See omnystudio.com/listener for privacy information.
10/10/2022 • 11 minutes, 41 seconds
What's next after Malaysia dissolved its Parliament?
Prime Minister Ismail Sabri Yaakob has dissolved Malaysia's Parliament, announcing it in a special television address today, paving the way for snap polls nearly a year ahead of the deadline for a general election.It comes after Malaysia unveiled a smaller budget for 2023 on Friday, which is widely seen as an attempt to woo support for the ruling parties ahead of federal polls anticipated by year-end.
Prime Time’s Bharati Jagdish speaks with Fung Siu, Principal Economist, Asia, Economist Intelligence Unit (EIU), who specialises in areas including currency, environment, financial services, Islamic finance, Macroeconomics in ASEAN, Japan, South Asia and Sri Lanka.See omnystudio.com/listener for privacy information.
10/10/2022 • 9 minutes, 37 seconds
How career satisfaction leads to improved mental wellness
Today is World Mental Health Day. Prime Time's Bharati jagdish speaks with Mavis Chng, PR & Social Content Marketing Manager, JobStreet by SEEK to find out how career dissatisfaction, burnout, and unhealthy work-life balance can impact employees' overall mental wellbeing.See omnystudio.com/listener for privacy information.
10/10/2022 • 10 minutes, 54 seconds
ST: The Big Story, 10 Oct - Malaysia King disappointed at political developments that lead to snap elections
In a statement just issued by the Palace, Malaysia’s King expresses his "disappointment at current political developments", leaving him with no choice but to assent to the Parliament's dissolution. This, so that the mandate can be returned to the people to "elect a stable government".
Sultan Abdullah Ahmad Shah made the statement shortly after Prime Minister Ismail Sabri Yaakob dissolved Malaysia's Parliament, paving the way for snap polls nearly a year ahead of the deadline for a general election.
In The Straits Times’ The Big Story, Multimedia journalist Cheow Sue-Ann spoke with Malaysia Correspondent Ram Anand for more on these developments. See omnystudio.com/listener for privacy information.
10/10/2022 • 4 minutes, 28 seconds
In the Spotlight: Will you allow employees to take on side hustles?
The Japanese government encourages firms to let workers take up side gigs, with the hope that the move will help foster greater diversity in the country’s work practices and encourage talent to move into growth areas.
In the Spotlight on Prime Time, Bharati Jagdish speaks with one employer here who allows her employees to take on side hustles - Winnie Pua, Managing Director of local creative agency antics@play, and her staff Jasmine Tan, Account Manager, antics@play.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
10/7/2022 • 17 minutes, 24 seconds
Market View: An overview of latest factory activity data, inflation figures out of Asia, and economic outlook
Within Asia, we saw inflation reports out of major economies such as Indonesia, South Korea, Japan and Thailand.
More notably, core consumer prices in Tokyo, a leading indicator of nationwide inflation, hit 2.8% in September from a month ago, marking the biggest gain since 2014.
And speaking of inflation, analysts seem to observe an interesting correlation repeatedly occurring in the markets. Whenever reported inflation figures pose a surprise on the upside, any assets that typically protect from inflation such as property, commodities, equities are being sold off.
On Market View, Prime Time’s finance presenter Chua Tian Tian found out more about the phenomenon and what’s to come in Asia from Martin W. Hennecke, Head of Asia Investment Advisory at St. James’ Place (SJP).See omnystudio.com/listener for privacy information.
10/7/2022 • 12 minutes, 21 seconds
Malaysia tightens Budget 2023 despite election year: Key highlights
Malaysia has unveiled a smaller budget for 2023, prioritizing fiscal discipline over expectations of populist measures, as it warned of a slowdown in the economy from rising global risks.
Prime Time's Bharati Jagdish speaks with Dr Serina Rahman, Lecturer at the Department of Southeast Asian Studies, National University of Singapore to find out what’s most crucial right now in the Malaysian economy and explore the ripple effects on this part of the world. See omnystudio.com/listener for privacy information.
10/7/2022 • 14 minutes, 25 seconds
Charting the next steps for Singapore’s gas-fired power generation
Singapore is looking to have its emissions reach net zero by or around 2050. So how can power generation companies play a larger role in spearheading newer, more sustainable technology? Prime Time’s Bharati Jagdish speaks with Kazunari Fukui, Decarbonization Leader for Asia at GE Power to find out. See omnystudio.com/listener for privacy information.
10/7/2022 • 9 minutes, 37 seconds
In the Spotlight: What is Quiet Firing? and are you at risk?
Quiet Quitting has been making the rounds on social media and in the workplace.
It's time to talk about the flipside - Quiet Firing.
What exactly is Quiet Firing? How can we spot that and how do we know if we are at risk?
In the Spotlight on Prime Time, Bharati Jagdish speaks with Alex Hattingh, Chief People Officer, Employment Hero to find out more.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
10/7/2022 • 15 minutes, 45 seconds
Market View: European economies - OPEC’s major production cut, U-turn by the UK government, Italy’s treasury forecasts
European economies are on our agenda today. In the UK, the British Prime Minister Liz Truss and Finance Minister Kwasi Kwarteng was forced to abandon a move to cut the top rate of tax from 45% to 40% for its top earners, in what’s seen as an embarrassing U-turn 10 days after announcing the new government’s growth plan to stimulate its economy.
Elsewhere, the latest treasury forecasts showed Italy’s economy probably shrank in the third quarter, adding more uncertainties to the mix.
Not to mention, the OPEC and non-OPEC Ministerial meeting on oil production - and the possible impact on oil prices.
On Market View, Prime Time’s Finance Presenter unpacked the key developments for the week with Thomas Rupf, CIO Asia & Head of Trading Execution, VP Bank Ltd Singapore Branch.
See omnystudio.com/listener for privacy information.
10/6/2022 • 9 minutes, 32 seconds
In the Spotlight: AR Shopping - The future of virtual search?
A report from Snap has shown that when researching gifts, Augmented Reality (AR) helps shoppers make decisions about what to add to their gifting list.
Prime Time’s Bharatii Jagdish speaks with Kathryn Carter, General Manager, APAC at Snap Inc on the evolution of AR Shopping from past to present and how brands can harness the power of AR to engage their customers more effectively to generate growth and revenue.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
10/6/2022 • 14 minutes, 7 seconds
ST: The Big Story - Will Malaysia hold a snap election this year?
Malaysian Prime Minister Ismail Sabri Yaakob said he may discuss the dissolution of Parliament in his audience with Malaysia's King on Thursday evening, but refused to be drawn into whether this would leave the scheduled presentation of next year's budget on Friday.
On the Straits Times The Big Story, Multimedia Correspondent Hairianto Diman speaks with Malaysia bureau chief Shannon Teoh on the development.See omnystudio.com/listener for privacy information.
10/6/2022 • 6 minutes, 50 seconds
Optimizing space in land-scarce Singapore
In land-scarce Singapore, the government has continuously emphasised the importance of space planning in providing a sustainable and high-quality living environment.
Through its Space Optimisation business, LHN Group identifies old, unused and under-utilised spaces, converting and enhancing them to maximise the leasable area.
They do so by transforming old buildings into co-living spaces and storage facilities that are branded under its Coliwoo and Work+Store subsidiaries, respectively.
The Group is also part of a highly anticipated joint project, “The Bus Resort”, that features an upcoming resort made from 20 upcycled public buses.
Prime Time's Bharati Jagdisjh speaks with Kelvin Lim, Executive Chairman & Group Managing Director of LHN Group – a dual-listed real estate management company to find out more on how they are contributing to Singapore’s strategic and sustainable use of land in the long-term.See omnystudio.com/listener for privacy information.
10/5/2022 • 8 minutes, 11 seconds
STI companies' boards seek bolder leadership, but are not diverse enough
2021 saw the largest cohort of new directors in five years as STI companies regained their appetite for board refreshment in search of bolder leadership, but compared to Hong Kong’s Hang Seng companies, a higher share of Singapore boards opted for directors who are retired and have previous public board experience.
Prime Time’s Bharati Jagdish speaks with Jiat-Hui Wu, Partner in charge at the Heidrick & Struggles Singapore office and a member of the Financial Services Practice about trends in top leadership and board appointments in Singapore and the Asia Pacific region. What best practices should boards adopt as they move forward?
Highlights from the conversation:
01:25: Bolder leadership observed throughout the Covid-19 pandemic as the role of boards evolve
03:57: How the background of board members that companies are seeking have changed over time
06:24: What more needs to be done to address gender diversity in top leadership and board appointments?
11:12: Incorporating future business strategies and scenarios into succession planningSee omnystudio.com/listener for privacy information.
10/5/2022 • 14 minutes, 9 seconds
Market View: US Market lookahead, Elon Musk to buy Twitter, what TD Ameritrade Singapore clients are buying in the US
U.S. markets started the month strong, after the broad based S&P 500 and the tech-rich NASDAQ registered their first three-quarter losing streak since the global financial crisis.
With October widely seen as a “bear market killer” based on historically strong returns, we’ll find out whether stock movements can keep up with the expectations.
On Market View, Prime Time's finance presenter Chua Tian Tian spoke with A.J. Kahling, Head of International Education at TD Ameritrade for moreSee omnystudio.com/listener for privacy information.
10/5/2022 • 14 minutes, 49 seconds
In the Spotlight: Going green under pressure, what is DHL Express Singapore doing differently?
Minister for Sustainability and the Environment Grace Fu has recently said that businesses must embrace sustainability to keep up with the effects of climate change on supply chains and rising consumer demand for greener goods and services.
But not all consumers or businesses are able or ready to go green.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Christopher Ong, Managing Director, DHL Express Singapore about the benefits of prioritising green initiatives and decisions for companies in Singapore.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
10/4/2022 • 15 minutes, 7 seconds
Market View: NFTs - A blend of digital and physical realities?
Trading volumes in non-fungible tokens or NFTs for short, have tumbled 97% from a record high in January this year, as part of a wipeout in the crypto sector.
Despite the ongoing headwinds in the NFT scene, one company making toy collectibles believes that opportunities do exist in the industry. It says the key is to mix digital assets like NFTs with real-life privileges that benefits us in our reality.
But what will this look like? On Market View, Prime Time's finance presenter Chua Tian Tian posed these questions to Darryl Tan, Head of Meta at Mighty Jaxx. Mighty Jaxx is a physical collectibles manufacturer and designer and have ventured into the NFT scene in recent years.See omnystudio.com/listener for privacy information.
10/4/2022 • 13 minutes, 18 seconds
Market View: Helping affluent and emerging affluent Asians capture investment opportunities in Southeast Asia using digital wealth advisory services
With uncertainties over renewed lockdowns and a worsening debt crisis in China, dealmakers in Asia are increasingly shifting their focus to Southeast Asia.
There is also a growing group of affluent and emerging affluent Asians that are looking to invest in the region.
But yet some financial services firms believe the group is underserved at this point in time, and that digital advisory services are key to bridging that gap. So what are some investment opportunities in Southeast Asia, and how can digital advisory services help?
On Market View, Prime Time's finance presenter Chua Tian Tian spoke with Eddy Kwong, Director of Digital Business, Asia Pacific at Allianz Global Investors to find out.See omnystudio.com/listener for privacy information.
10/3/2022 • 12 minutes, 39 seconds
In the Spotlight: After the UK's abrupt U-turn on tax rate on highest earners, what's next?
The UK government has done an abrupt U-turn by dropping its plan to cut taxes for the highest earners just 10 days after announcing it. This comes after widespread criticism and a growing backlash.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Pete Ross, Producer/Presenter at the BBC, on what's next for Liz Truss and her team, plus the latest developments in Ukraine's accession to Nato as well as the tensions in the South China Sea, with Taiwan's deepening relationship with Lithuania.See omnystudio.com/listener for privacy information.
10/3/2022 • 15 minutes, 31 seconds
Investment in tech remains paramount despite intense disruption
How can companies leverage new technologies amid the continued decoupling of US-China relations, persistent semiconductor shortages and increased adoption of new technologies?Prime Time’s Bharati Jagdish speaks with Ravi Vijayaraghavan, head of Bain & Company’s APAC Technology & Cloud Services to find out.See omnystudio.com/listener for privacy information.
10/3/2022 • 11 minutes, 15 seconds
In the Spotlight: Will "Trussnomics" sink the UK economy and government?
Is Britain in a self-inflicted financial crisis that threatens to accelerate the economy’s dive into recession?
Can Liz Truss and her team restore its credibility with its people and investors?
In the Spotlight on Prime Time, Bharati Jagdish speaks wtih Pushan Dutt, Professor of economics and political sciences at INSEAD to look at what’s next for the UK economy, what will the spillover effect be, as well as the latest on the Russia-Ukraine front.
Produced and edited by Anthea Ng ([email protected])See omnystudio.com/listener for privacy information.
9/30/2022 • 16 minutes
Is Singapore ready for a future filled with electric vehicles?
Singapore's electric vehicle revolution is coming. With Singapore aiming to phase out petrol and diesel vehicles by 2040, should there be a ban on petrol or diesel-based vehicle sales? Will there be sufficient charging stations? How will the government ensure affordability for the average driver?
Prime Time's Bharati Jagdish speaks with Satya Ramamurthy, Partner, Global Co-Head of Public Transport, KPMG Singapore about the future of electric vehicles in Singapore.
See omnystudio.com/listener for privacy information.
9/30/2022 • 12 minutes, 7 seconds
ST: The Big Story, 30 Sep - Tighter housing loans, 15-month wait for private home owners to buy HDB flats
The maximum amount of money home buyers in Singapore can borrow to purchase their homes has been tightened so that borrowers avoid future difficulties in servicing those loans.
The authorities have also put in place several measures to ensure home buyers borrow within their means and to moderate demand in the property market.In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann speaks with Christine Sun, senior vice president of research and analytics at Orange Tee and Tie about the impact of the latest round of property cooling measures.See omnystudio.com/listener for privacy information.
9/30/2022 • 5 minutes, 30 seconds
Market View: Impact of property cooling measures on Singapore banks, rate hikes on Asian banks, performance of digital vs. traditional banks in South Korea
Credit markets and the performance of banks in Asia are on our list today after recent jumbo rate hikes by the US Federal Reserve rattled markets and hurt demand for homes and mortgages.
Just look at Hong Kong - the city’s home prices, for one, fell 2.3% in August from a month ago, the lowest in over three years.
In Singapore, major banks such as UOB and DBS Bank have temporarily ceased their fixed rate home loans for now to review their rates. Plus - cooling measures announced by the local government last night.
On Market View, Prime Time's Finance Presenter spoke with Rena Kwok, Credit Analyst at Bloomberg Intelligence, as they unpack how recent developments would weigh on mortage demand and bank performance in Asia.See omnystudio.com/listener for privacy information.
9/30/2022 • 10 minutes, 20 seconds
In the Spotlight: Is it too late to accelerate digitalisation in the supply chain?
With an increasing adoption in supply chain diversification strategies, companies need to incorporate integrated systems and end-to-end visibility to adapt and react to supply chain shocks and avoid major disruptions down the line.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Ajit Melarkode, Vice President of Asia Pacific & Japan at Boomi about what can be done to mitigate supply chain risks and get ahead of worsening trade barriers. See omnystudio.com/listener for privacy information.
9/29/2022 • 17 minutes, 28 seconds
Market View: Malaysia's Budget 2023 Preview
Malaysia’s Budget will be tabled next Friday on the 7 October. Given that this budget will be out before the next general election, economists are expecting it to be election friendly with a slew of expansionary measures. At the same time, observers are also expecting the government to remain committed to consolidating its fiscal position and focus on its recovery post-pandemic.
So what can we expect from the upcoming Malaysian budget, and how will its government fund the measures aimed at boosting the economy?
On Market View, Prime Time's finance presenter Chua Tian Tian posed these questions with Julia Goh, Senior Economist, UOB Malaysia.See omnystudio.com/listener for privacy information.
9/29/2022 • 10 minutes, 12 seconds
How fintech can respond to anti-money laundering challenges
As modes of payment continue to evolve with the many digital payment platforms, so do fraudulent activities.Mass quantities of transactions going in and out of said platforms renders manual fraud detection largely unscalable, and money laundering across online platforms has become that much harder to detect. Regionally, the topic of anti-money laundering is making tremendous progress in the technology landscape.
Prime Time's Bharati Jagdish speaks with Jeeta Bandopadhyay, COO and Co-founder of Tookitaki to find out if the growing threat of fraud is outpacing the fintech industry.See omnystudio.com/listener for privacy information.
9/29/2022 • 11 minutes, 8 seconds
ST: The Big Story, 29 Sep - Taiwan ready to welcome tourists again as it confirms end of quarantine for visitors
Taiwan has confirmed that it will end its mandatory Covid-19 quarantine for travellers from Oct 13, in its latest step to reopen to tourists.In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann speaks with ST correspondent Yip Wai Yee about this development. She also recommends interesting new places travellers to the island can visit.See omnystudio.com/listener for privacy information.
9/29/2022 • 3 minutes, 53 seconds
Market View: S&P 500 registering a new closing low for 2022, British Sterling’s reaction to UK’s tax cuts, Asset managers reassessing exposure to China
It’s been a rather painful week for markets so far, as investors mull the risks of a recession amid interest rate hikes by major central banks around the world last week.
In the US, the broad-based S&P 500, for one, registered a new closing low for 2022, while the Dow slipped into a bear market earlier this week.
Away from the US, the British Sterling hit a record low earlier this week, after the new UK government announced its so-called ‘mini-budget’ to spur the economy, risking further price increases, and higher interest rates.
So where are markets in the US likely to go in the near term? Does the UK government know where it wants to go with the mini-budget, and where will the pound move going forward?
On Market View, Prime Time’s Finance Presenter Chua Tian Tian posed these questions to Robert Hoffman, Head of Investment Counsellors, South Asia, Citi Private Bank to find out. See omnystudio.com/listener for privacy information.
9/28/2022 • 11 minutes, 29 seconds
In the Spotlight: Switching to sustainability roles, here's what you can do.
Sustainability has become a salient topic in recent years as more business stakeholders, such as investors and customers, pay closer attention to the impact of sustainable practices on their ecosystem and business operations.
The increased interest and awareness also mean more job opportunities in the sustainability space as well as demand for labour with the relevant skills.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Tay Ee Learn, Chief Sector Skills Officer, NTUC LearningHub on what they are doing to help equip more people for the booming sector.See omnystudio.com/listener for privacy information.
9/28/2022 • 15 minutes, 5 seconds
Why Singaporeans are most worried about finances in South-east Asia
According to a study by UOB, Singaporeans have the most finance-related worries in the South-east Asian region, amid expectations of rising household expenses and higher inflation.
Prime Time’s Bharati Jagdish speaks with Dean Tong, Head, Group Human Resources, UOB to find out what else Singaporeans are most stressed about, and if that has something to do with the workplace. See omnystudio.com/listener for privacy information.
9/28/2022 • 14 minutes, 31 seconds
In the Spotlight: What are the pillars of risk mitigation for blockchain infrastructure in Singapore?
Singapore’s central bank and regulator was never under any illusions about the price volatility of cryptocurrencies and has always cautioned that cryptocurrencies are not suitable as investments for retail investors.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Vincent Chok, CEO of tech-driven financial institution, First Digital, as they take a closer look at what regulators should focus on as pillars for blockchain infrastructure in Singapore and the APAC region.See omnystudio.com/listener for privacy information.
9/27/2022 • 12 minutes, 5 seconds
Transformation of Singapore's East & Housing Needs of the Future
Following the rejuvenation plans for Changi and Paya Lebar, what can homebuyers look forward to in the eastern region of Singapore?
And following the Ministry of National Development’s first Forward Singapore engagement session on public housing, what issues need to be addressed during conversations on public housing?Prime Time’s Bharati Jagdish speaks with Eugene Lim, Key Executive Officer, ERA Realty Network about Singapore’s urban redevelopment ambitions and housing plans for the future.
Highlights from the conversation:
01:01: What rejuvenation plans for the Eastern region of Singapore entail for upcoming developments and property launches
03:11: The impact of Singapore's future transformation plans on investors' buying patterns
08:03: What issues should continue to be addressed at the Ministry of National Development's Forward Singapore conversations on public housing?
10:05: As more HDB resale flats cross the $1 million mark, how can the affordability of public housing in Singapore be managed better?
See omnystudio.com/listener for privacy information.
9/27/2022 • 12 minutes, 29 seconds
ST: The Big Story, 27 Sep - 33,435 granted Singapore permanent residency in 2021, highest in 12 years
The number of permanent residency issued in Singapore last year was the highest in a decade.This was revealed in the Government's annual Population in Brief report on Tuesday (27 Sep).
In the Straits Times The Big Story, Multimedia journalist, Cheow Sue-Ann spoke with Walter Theseira, Associate Professor of Economics at the Singapore University of Social Sciences, on the findings of the report.See omnystudio.com/listener for privacy information.
9/27/2022 • 7 minutes, 58 seconds
Market View: Why is Temasek coming up with this startup to provide digital transformation solutions for portfolio companies and government agencies?
Digital transformation is on our agenda today. On that note, did you know that Temasek has partnered with infotech company UST to set up a startup that provides digital transformation solutions for Temasek portfolio companies and government agencies?
Called Temus, the startup has grown to a 200-strong workforce since it launched last year, with ambitions to expand five-fold over the next three years.
Why is this startup set up in the first place? How will it help our Singapore businesses transform digitally? And how much financial value can local businesses unlock by investing in digital solutions?
On Market View, Prime Time's finance presenter Chua Tian Tian posed these questions to Keat Chuan Yeoh, Chief Executive Officer of Temus.See omnystudio.com/listener for privacy information.
9/27/2022 • 13 minutes, 10 seconds
In the Spotlight: What is the impact of the British pound's historic decline?
In the Spotlight on Prime Time this week, Bharati Jagdish speaks with Rob Hugh-Jones, Editor at the BBC in London, on several global news making headlines this week. First they touched on reactions to the UK’s mini-budget, where the British pound tumbled to a record low as traders scampered for the exits on speculation that the new government’s economic plan will stretch its finances to the limit. They also discuss Italy's first female Prime Minister, the referenda in Ukraine and former Japanese Prime Minister Shinzo Abe’s state funeral taking place tomorrow.
See omnystudio.com/listener for privacy information.
9/26/2022 • 13 minutes, 53 seconds
Digital Deflation: Investing in Technology to Combat Long-Term Inflation
Singapore’s inflation has hit the highest level in 14 years, while Japan’s inflation trend measures have just reached a record high.
As businesses watch inflation numbers rise month after month, what can they do to fight back beyond raising prices on customers?
Prime Time’s Bharati Jagdish spoke with Amitabh Sarkar, Vice President and Head of Asia Pacific and Japan for Enterprise, Tata Communications and Official Broadcast Connectivity Provider for the F1 races globally to find out how companies can invest in technology to counteract long term inflation.See omnystudio.com/listener for privacy information.
9/26/2022 • 8 minutes, 37 seconds
ST: The Big Story, 26 Sep - British pound hits all-time low against the Singapore Dollar
The British pound tumbled to a record low yesterday, prompting speculation of an emergency response from the Bank of England.
In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann speaks with Saktiandi Supaat, Regional Head of Forex Research and Strategy at Maybank on the implications for consumers in Singapore.See omnystudio.com/listener for privacy information.
9/26/2022 • 7 minutes, 37 seconds
Market View: Singapore Business Federation's new MAP initiative on sustainability - How would this help firms with their top and bottom lines?
Business transformation is on our agenda this week, and we start off by looking at how trade associations and chambers are helping firms in Singapore transform their businesses to become more sustainable and green.
On this note, the Singapore Business Federation has recently launched a new MAP initiative to chart out a pathway to guide companies through every stage of their decarbonisation journey.
But how does this work? To what extent will this help firms meet their green goals, and how can this help local firms improve their cash flows and their top and bottom lines?
On Market View, Prime Time's Finance Presenter Chua Tian Tian posed these questions to Tan Chee Wee, Executive Director of Advocacy & Policy Division, Singapore Business Federation. See omnystudio.com/listener for privacy information.
9/26/2022 • 12 minutes, 25 seconds
In the Spotlight: What goes behind lighting up the F1 Singapore Grand Prix?
From replacing fossil fuels with more sustainable alternatives to going electric where possible, it seems like the Singapore Formula 1 Grand Prix is kicking climate action into higher gear.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Roberto Grilli, General Manager, DZ Engineering SRL - who has helped to light up F1 Grand Prix races and will continue to do so for Singapore’s race this year as well, to find what has changed since the inaugural race in 2008 and their sustainability goals in the motorsports industry.
See omnystudio.com/listener for privacy information.
9/23/2022 • 9 minutes, 54 seconds
HP and SIM equipping Singapore with sustainable manufacturing capabilities
Sustainable manufacturing is not just about net zero. How can businesses support their long-term sustainability goals? The manufacturing sector will get more help to go green, with new SkillsFuture courses on sustainability by tech giant HP and SIM. Prime Time's Bharati Jagdish speaks with Ng Tian Chong, Managing Director of Greater Asia, HP to find out more. See omnystudio.com/listener for privacy information.
9/23/2022 • 13 minutes, 2 seconds
Market View: Coffee and KopiTech - How much money is in the pool?
We’re going to be talking all about your cup of coffee or tea today! Traditionally, coffee's hand brewed by coffee brewers or baristas, but some enterprising firms are coming up with machines that can do the job.
They say this can standardise the taste of the coffee you drink, and reduce training costs for staff.
Investors seem to be liking this idea. Earlier, a company called Crown Digital - behind the robot barista Ella has received investments from transport operators to come up with robot barista stations at railway stops.
And if you love Nanyang coffee, another company called Hawkermatic is now supplying over 50 restaurants, coffee shops and food courts with a machine that can produce customised Kopi and Teh in seconds.
But how much money is behind these companies really and how do industry players assess the market? On Market View, Prime Time's finance presenter Chua Tian Tian posed these questions to Chua Teck Hiong, Director of Hawkermatic. See omnystudio.com/listener for privacy information.
9/23/2022 • 13 minutes, 53 seconds
ST: The Big Story - Two more popular destinations added for holidaymakers
Two popular travel destinations, Japan and Hong Kong are both easing their border restrictions.
Japan will allow independent travellers, and will remove the cap on arrivals. Hong Kong will abolish mandatory hotel quarantine.
Travellers will only be required to go through a period of home medical surveillance.
In The Straits Times’ The Big Story, Multimedia correspondent Cheow Sue-Ann speaks with Japan Correspondent, Walter Sim, for more.See omnystudio.com/listener for privacy information.
9/23/2022 • 4 minutes, 57 seconds
Market View: Clues from the FOMC's meeting, effectiveness of the 75 basis point hike by the US Fed
It’s been a busy week for central banks, and of course a week filled with anxiety for us investors. For one thing, the Fed has raised interest rates by yet another 75 basis points in a bid to prevent price increases from being entrenched in the US economy.
But perhaps what’s more interesting is where the Fed see the US economy going and what it wants to do in the future. That’s especially so as the central bank moves into a restrictive monetary policy territory that could more seriously impact the economy.
On Market View, Prime Time's finance presenter Chua Tian Tian unpacked details from the latest FOMC meeting with Luke Browne, Senior Portfolio Manager and Head of Asset Allocation, Multi-Asset Solutions Team Asia, Manulife Investment Management. See omnystudio.com/listener for privacy information.
9/22/2022 • 11 minutes, 23 seconds
In the Spotlight: CBDCs vs Cryptocurrencies, what is the difference?
A tracker has revealed that “10 countries have fully launched a digital currency, with China’s pilot set to expand in 2023.” But last month, Japan’s central bank scrapped its CBDC plans due to lack of interest from the public.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Manuel Jaeger, Co-Founder and Head of Digital Assets at ADDX on this class of digital assets, and how it differs from cryptocurrencies.
See omnystudio.com/listener for privacy information.
9/22/2022 • 13 minutes, 36 seconds
What's the endgame for Putin’s war? - Takeaways from the UN General Assembly
The busiest diplomatic week of the year is underway as world leaders gather this week in New York to address the 77th session of the United Nations General Assembly.
The war in Ukraine, climate change and nuclear disarmament are likely to dominate speeches and discussions during the annual gathering at the UN headquarters.
With Russian President Vladimir Putin announcing a partial mobilization and upping the ante in the war with Ukraine, how will the rest of the world respond? Will this bring the direct conflict between the West and Russia one step closer? What is likeliest outcome in Ukraine?
Prime Time's Bharati Jagdish speaks with Dr Samir Puri, author of a new book, 'Russia's Road to War With Ukraine' for a deep dive. See omnystudio.com/listener for privacy information.
9/22/2022 • 16 minutes, 3 seconds
ST: The Big Story - How will US Fed latest big rate hike affect you?
The US Federal Reserve has raised its benchmark rate to the highest level in 14 years in an attempt to crush surging inflation.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman speaks to Senior business correspondent Chor Khieng Yuit as she explains how consumers and businesses in Singapore will be affected as the Fed grows more hawkish, and more hikes are expected.See omnystudio.com/listener for privacy information.
9/22/2022 • 6 minutes, 3 seconds
Market View: Private equity real estate assets as an alternative investment option
As global financial markets continue to take a beating, some investors are looking for alternative investments to shore themselves against a potential recession.
And it seems like private equity real estate assets have been gaining some attention as an investment vehicle that is expected to offer some stability against economic headwinds.
But why is this the case and which geographical markets should we be looking at amid a high interest rate environment?
On Market View, Prime Time's finance presenter Chua Tian Tian discussed the prospects of private equity real estate assets with Peter Young, CEO and co-founder of Q Investment Partners.See omnystudio.com/listener for privacy information.
9/21/2022 • 11 minutes, 14 seconds
In the Spotlight: How to address Quiet Quitting among multi-generational workforces?
The trend of employees choosing to not go above and beyond their jobs in ways that include refusing to answer emails during evenings or weekends, or skipping extra assignments that fall outside their core duties, is catching on, especially among Gen Zers.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Carrie Tan, Selfwork and Transformation Coach from Lightbearers, and a Member of Parliament, on this emerging phenomenon of Quiet Quitting in the workplace and how can employers address this across multi-generational workforces?
Highlights:
02.30 : How do you define “quiet quitters”?
04.23 : Is bad leadership the reason for the quiet quitting phenomenon?
05.26 : How can leadership better manage this quiet quitting attitude?
10.33 : How can organisations start the process of improving workplace wellbeing?
14.30 : If not adequately dealt with, what would be the repercussions be in the long term?
See omnystudio.com/listener for privacy information.
9/21/2022 • 18 minutes, 16 seconds
Empowering homegrown tech talent for the future economy
As employees and jobseekers continue to pick up digital competencies to remain agile and relevant in the increasingly digital world, what are the right skills to survive in this changing digital landscape? And what should you look out for if you’re planning a mid-career switch to the tech industry? Prime Time's Bharati Jagdish speaks with Daphney Chew, Project Manager, Speech and Audio, TikTok and Teo Xuejun, Data Warehouse Lead for TikTok Creator Marketplace to find out.See omnystudio.com/listener for privacy information.
9/21/2022 • 11 minutes, 28 seconds
In the Spotlight: What is central banks' role in driving and supporting innovation with a focus on CBDCs?
Even after the crypto markets crashed this year, there are still a number of people who believe there’s a future for digital assets and blockchain technology.
Prime Time’s Bharati Jagdish speaks with a former head of fintech at the Bank of England and currently Director of CBDCs and Financial Market Infrastructure at Fireblocks, a provider of crypto custody technology, Varun Paul, about Central Bank Digital Currencies and how they’d fit into the currency and cryptocurrency ecosystem.See omnystudio.com/listener for privacy information.
9/20/2022 • 12 minutes, 37 seconds
Market View: The ins and the outs of the Kpop business
We're going to be talking all about K-POP today. Earlier this month, a company called Contents Technologies launched a new exchange traded fund focused on listed firms in Korea that benefits from the Kpop culture.
Companies include big names such as HYBE - the agency behind South Korean boy band phenomenon BTS, SM Entertainment - who’s managing Girls Generation and YG Entertainment which is behind girl group BlackPink.
But how do entertainment businesses work in the first place? What are the sunk costs involved and how do they ensure stable cash flow?
On Market View, Prime Time's finance presenter Chua Tian Tian spoke with Alan Chan, Chief Executive Officer, iGet Entertainment International. He’s the man that launched the first Singapore-Korean Kpop Group SKarf back in 2012 and has over a decade of experience in the Kpop industry.See omnystudio.com/listener for privacy information.
9/20/2022 • 13 minutes, 52 seconds
ST: The Big Story, 20 Sep - Cross Island Line phase 2 to open by 2032 with 6 MRT stations, from Turf City to Jurong Lake District
Phase two of the Cross Island MRT line will comprise six stations from Turf City to Jurong Lake District. CRL phase two is slated to open by 2032, with construction works expected to begin in 2023.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman speaks with Senior transport correspondent Christopher Tan for more on these developments. See omnystudio.com/listener for privacy information.
9/20/2022 • 4 minutes, 4 seconds
How can investors prepare their portfolios for a recession?
How can investors prepare their portfolios for a recession? Prime Time's Bharati Jagdish speaks with William Lim, Financial Services Manager, PhillipCapital for the implications of a recession for retail investors, the challenges and risks that a recession may pose to investors, as well as how financial institutions can help investors safeguard their investments.See omnystudio.com/listener for privacy information.
9/20/2022 • 11 minutes, 55 seconds
In the Spotlight: The world bids its final farewell to the Queen
After days of lying-in-state, the body of the late Queen Elizabeth II has started its final journey on Monday, as part of a grand state funeral.
Life will come to a standstill for millions as the UK says goodbye to the Queen.
It will be a day of emotion, pomp and ceremony, the likes of which has not been seen since the last state funeral, of Winston Churchill, almost 60 years ago.
Buckingham Palace has said the Queen made personal additions to the plans.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Rich Preston, Senior World News Reporter / Presenter, at the BBC in London, for a breakdown of the day's events.
See omnystudio.com/listener for privacy information.
9/19/2022 • 14 minutes, 43 seconds
Outlook for Singapore's labour market as MOM warns of uncertainty ahead
Employment in the second quarter of this year has recovered to near pre-pandemic levels, but the Ministry of Manpower has warned of uncertainty ahead.
Resident employment grew to 4.2 per cent above the pre-pandemic level in June.
While non-resident employment remained 10 per cent below the pre-pandemic level, it increased significantly from the first quarter of the year following the relaxation of border restrictions.
Prime Time's Bharati Jagdish speaks with Adrian Choo, CEO and Founder, Career Agility International for his outlook for the labour market in the months ahead. See omnystudio.com/listener for privacy information.
9/19/2022 • 14 minutes, 17 seconds
Market View: How should we improve the resilience of our portfolios amid a flurry of central bank action this week?
Central bank action continues to dominate the headlines this week with the US Federal Reserve set to announce its rate decision midweek, and the Bank of Japan and Bank of England following suit thereafter. Investors in the meantime will also face a slew of August inflation reports coming out of countries such as Japan and back home in Singapore. How would these developments weigh on major economies and markets? What can we do to improve the resilience of our portfolios, and how can wealthtech help?
On Market View, Prime Time's finance presenter Chua Tian Tian spoke with Samuel Rhee, Chairman and Chief Investment Officer of Endowus for more. See omnystudio.com/listener for privacy information.
9/19/2022 • 12 minutes, 52 seconds
ST: The Big Story - US-China tensions escalates following Biden's latest remarks
Chinese Foreign Ministry spokesman, Mao Ning, has urged the US to “fully understand the extremely important and highly sensitive nature of the Taiwan question and abide by the one China principle” at a news briefing in Beijing.
His comments came after US President Joe Biden said that its military forces will defend Taiwan if there is “an unprecedented attack”, underscoring America’s commitment to the island as Chinese incursions mount near its shores.
On the Straits Times The Big Story, Multimedia Correspondent, Hairianto Diman, speaks with China correspondent Danson Cheong for more from the briefing.
See omnystudio.com/listener for privacy information.
9/19/2022 • 3 minutes, 58 seconds
Market View: Fed's rate hike expectation after red-hot CPI data, China keeping rates unchanged, Impact of rate decisions on Singapore's economy and stock market
Global equity markets have been rather volatile mid-week after stronger-than-expected US inflation data triggered fears of more aggressive rate hikes by the US Federal Reserve. But where exactly would the Fed go?
While the US is expected to be tackling inflation head on, China is holding its key rate or the one-year medium-term lending facility unchanged at 2.75% - what does this mean for its economy?
But how will all of that weigh on the economy and stock market in Singapore?
On Market View, Prime Time's Finance Presenter Chua Tian Tian spoke with Carmen Lee, Head of OCBC Investment Research to find out.See omnystudio.com/listener for privacy information.
9/16/2022 • 12 minutes, 58 seconds
What is the outlook of the gaming industry in Singapore?
The gaming market here is expected to be worth US$138 million by 2024, and the Singapore Tourism Board has even taken notice of this growth as it implements a tour of gaming hotspots in Singapore.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Jonathan Ye, the founder of Lockdown Escape - one of Singapore's premier destinations for escape room games and one of the few companies in the world that designs its own VR games and board games, to find out more.See omnystudio.com/listener for privacy information.
9/16/2022 • 13 minutes, 9 seconds
Why Asia Pacific's ESG Agenda Must Pursue Responsible Tax Strategies
Amid increased stakeholder pressure on environmental, social and governance factors, tax transparency is now a major consideration for businesses striving to comply with regulations. How should Asia Pacific's ESG agenda follow suit? Prime Time's Bharati Jagdish finds out from Michel Feijen, Managing Director, Sales, APAC of MetricStream.See omnystudio.com/listener for privacy information.
9/16/2022 • 14 minutes, 10 seconds
ST: The Big Story, 16 Sep - Roger Federer's retirement - will it pave way for new generation of tennis talent?
One of the most legendary careers in sports is coming to an end as tennis icon Roger Federer announced he will retire after the Layver Cup in London.
In a statement released on social media, 41-year-old Federer cites age and recurring injuries as the reasons for his decision.
In The Straits Times’ The Big Story Multimedia Correspondent Cheow Sue-Ann and Assistant Sports Editor, Rohit Brijnath weigh in on the retirement announcement. See omnystudio.com/listener for privacy information.
9/16/2022 • 5 minutes, 40 seconds
The Ethereum Merge has completed, so what is next for investors?
It’s been called a game changer for the entire crypto sector.
Crypto's most important commercial highway, Ethereum, just got repaved. The blockchain network has completed the crypto world's biggest and most ambitious software upgrade to date.
So what’s next? What are experts watching out for and what can investors expect from the Ethereum 2.0 shake-up? Prime Time’s Bharati Jagdish speaks with Brian Fu, Co-Founder and Co-Project Lead of zkLend for more insights.See omnystudio.com/listener for privacy information.
9/15/2022 • 8 minutes, 56 seconds
How can organizations stay one step ahead of malicious threat actors?
In today’s increasingly digitalized world, organisations are increasingly adopting artificial intelligence and machine learning to identify and mitigate threats.
However, cybercriminals are also taking advantage of the same technologies to launch their attacks.How can organisations stay one step ahead of malicious threat actors? Prime Time’s Bharati Jagdish finds out from David Chan, Managing Director, Singapore, Adnovum.See omnystudio.com/listener for privacy information.
9/15/2022 • 12 minutes, 17 seconds
ST: The Big Story, 15 Sep - 22-year-old gets life term, caning for stabbing jogger in 'senseless' killing
A 22-year-old man was sentenced to life imprisonment and 15 strokes of the cane after he pleaded guilty to a charge of murder in what prosecutors said was a "senseless" killing.
Surajsrikan Diwakar Mani Tripathi admitted he stabbed and slashed Tay Rui Hao, an assistant manager at a sports apparel store, near a bus stop in Punggol Field on May 10, 2020.In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann speaks with Senior Law Correspondent Selina Lum for more developments.See omnystudio.com/listener for privacy information.
9/15/2022 • 5 minutes, 15 seconds
Market View: The space business and market for debris removal in the low-earth orbit
Up in the Low Earth Orbit, anywhere between 160 and 1,000km above ground, is where about 4,500 satellites operate for geo-imaging and telecommunications purposes.
But while businesses are launching satellites into space, no one takes ownership for clearing up the debris of old satellites, increasing the risks of them bumping into one another in space.
That creates an opportunity for companies to come up with solutions to clear space debris. But how big is the market really, and what challenges do companies in this arena face in securing industry buy-in?
On Market View, Prime Time's Finance Presenter Chua Tian Tian posed these questions to Christopher Charles Blackerby, Chief Operations Officer at Astroscale, a Japanese-based startup that develops scalable solutions to clear debris in space.See omnystudio.com/listener for privacy information.
9/15/2022 • 16 minutes, 29 seconds
What to expect from the Xi-Putin summit in Uzbekistan?
The 22nd meeting of the Council of Heads of State of the Shanghai Cooperation Organization (SCO) is likely to be overshadowed by the Xi-Putin face-to-face meeting in Uzbekistan.
Geo-political observers will be paying close attention to what is going to happen from the summit as well as their meeting.
So what’s at stake, what are the optics and what’s in it for the key players?
Prime Time's Bharati Jagdish speaks with Timothy Go, who’s on a bleisure trip in Uzbekistan, on the security, the mood on the ground, as well as what to expect.See omnystudio.com/listener for privacy information.
9/15/2022 • 12 minutes, 32 seconds
Critical factors to be considered for the cryptocurrency and blockchain landscape in Singapore
Companies such as Starbucks, KFC and Tesla seem to have accepted and introduced cryptocurrency as a payment method. For proponents, this means it can be a new frontier in secure contactless payment. However, challenges in such a process include risks requiring better management and customer onboarding. In the Spotlight on Prime Time, Bharati Jagdish speaks with Zen Yong, CEO, and Co-Founder, Web3Auth on how the company seeks to close the gap in between wallet usage and crypto adoptions in Singapore.See omnystudio.com/listener for privacy information.
9/14/2022 • 15 minutes, 10 seconds
Market View: Conversation with one of the VCs behind GoTo, Eezee and Financial Provider Fazz
We take a break from macroeconomic analysis today to look at venture capital investments today.
Insignia Venture has invested in a number of startups including B2B marketplace Eezee, plant-based meat alternative company Growthwell, financial service provider Fazz, and Indonesia’s superapp Goto, which had recently gone public via an Initial Public Offering.
On Market View, Prime Time's Finance Presenter Chua Tian Tian spoke with Tan Yinglan, CEO & Founding Managing Partner, Insignia Ventures Partners to find how they view their investments, and if is this the time for VCs to be bargain hunting. See omnystudio.com/listener for privacy information.
9/14/2022 • 13 minutes, 20 seconds
ST: The Big Story, 14 Sep - FAS president Lim Kia Tong dies aged 70
Football Association of Singapore president Lim Kia Tong died on Wednesday. He was 70.
Lim is believed to have suffered a heart attack. He was found collapsed in his office when he did not turn up for a hearing.
In The Straits Times’ The Big Story, Sports correspondent Sazali Abdul Aziz shares more on Lim's contributions to the football world as well as the legacy he left behind.See omnystudio.com/listener for privacy information.
9/14/2022 • 3 minutes, 46 seconds
Singapore’s CFOs are most primed globally to lead ESG initiatives
Sustainability has been a key concern of Chief Financial Officers for quite a while. However, burdens from the costs and regulations of sustainability is relatively remarkable, the privilege of pursuing it so far has not been very quantifiable. In the sweep of Covid-19 pandemic, challenges related to such issues are more well-aware.
Prime Time’s Bharati Jagdish speaks with Bhavik Vashi, Area Vice President Asia, Anaplan to find out more.
See omnystudio.com/listener for privacy information.
9/14/2022 • 13 minutes, 43 seconds
Market View: US dollar strength and implications on emerging markets, Euro's strength on the bloc's cost of living crisis and Japanese Yen weakness
Currency news take the center stage today, as we break down key movements in major currencies, including the US dollar.
We're also keeping our eyes on Europe, where the shared currency has jumped to a more than three- week high against the dollar recently.
Back in Asia, the Japanese Yen's weakness against the dollar has drawn some warnings from central bank officials, but how likely is it for authorities to intervene?
On Market View, Prime Time's Finance Presenter Chua Tian Tian posed these questions to Gan Li Xing, FX Strategist at Zeta Labs.See omnystudio.com/listener for privacy information.
9/13/2022 • 12 minutes, 57 seconds
What is the "Quiet Quitting" phenomenon and why is it trending?
The Great Resignation, which saw droves of workers leave their jobs or switch careers, may still be going strong — but another new workplace phenomenon is emerging: “quiet quitting.”
What is “quiet quitting” and why is it trending in the workplace?
In the Spotlight on Prime Time, Bharati Jagdish speaks with Frank Koo, Head of APAC Talent Solutions, LinkedIn, a professional networking platform, to find out more.
Highlights:
01:44 How would you define “quiet quitters”?
02:23 Are quiet quitters the same as disengaged workers?
03:30 What are the reasons behind quiet quitting?
05:55 What is your advice for disengaged workers?
08:09 How should organisations manage this phenomenon?
See omnystudio.com/listener for privacy information.
9/13/2022 • 14 minutes, 15 seconds
ST: The Big Story, 13 Sep - Case wants stronger protection for passengers bumped off overbooked trips
The Consumers Association of Singapore wants stronger protection for passengers bumped off overbooked trips.
This comes after more than 100 customers were denied boarding cruise ship Genting Dream on Sept 4 due to overbooking.In The Straits Times’ The Big Story, Multimedia correspondent Cheow Sue-Ann spoke with Case president Melvin Yong to find out more. See omnystudio.com/listener for privacy information.
9/13/2022 • 4 minutes, 23 seconds
As red hot rents increase, is co-living a good housing alternative now?
Soaring property prices and record rental fees have forced many Singaporeans to look for other housing options.
As a result, co-living has become quite a popular alternative for those on a budget.
Prime Time’s Bharati Jagdish speaks with Ernee Ong, Co-Founder of Bespoke Habitat, a room rental and shared space co-living specialist, to find out more.
See omnystudio.com/listener for privacy information.
9/13/2022 • 12 minutes, 32 seconds
ST The Big Story: Robust debate in Parliament over new scheme to woo foreign talent
There was a robust debate in Parliament (Monday) over the new scheme to woo top foreign talent.
Sixteen MPs had filed questions on the new ONE Pass, asking specifically about plans to prevent abuse or fraudulent applications.
Manpower Minister Dr Tan See Leng said safeguards are in place and provided more details on the new pass.
Here’s more from Multimedia Journalist Cheow Sue-Ann on the Straits Times The Big Story.See omnystudio.com/listener for privacy information.
9/12/2022 • 5 minutes, 20 seconds
The UK in the second week of mourning Queen Elizabeth II’s passing
Queen Elizabeth’s coffin left Balmoral yesterday heading to capital Edinburgh, Scotland before her state funeral on Monday 19 September.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Pete Ross, Producer/Presenter, BBC for more on the Queen’s last journey, King Charles III’s plans amid the economic uncertainty in the country as well as calls among some countries to be removed from the Commonwealth.
See omnystudio.com/listener for privacy information.
9/12/2022 • 17 minutes, 2 seconds
SG Extra: MOM will carefully vet through ONE Pass applications to avoid abuse
The Overseas Networks and Expertise (One) Pass has had Singapore talking ever since it was announced by Minister for Manpower Tan See Leng on Aug 29.
In Parliament today, Dr Tan said the ministry will carefully vet applicants for new One Pass, with safeguards against abuse put in place.
On SG Extra today, Bharati Jagdish speaks with Zakir Hussain, Singapore Editor at The Straits Times to talk about Singapore’s new work pass - the magnet for global talent.See omnystudio.com/listener for privacy information.
9/12/2022 • 11 minutes, 6 seconds
Market View: A glimmer of hope for European economies and markets?
We ended the previous week on a rather sad note, with the UK mourning the death of Britain’s longest-reigning monarch of seven decades. But there has been some glimmer of hope as well, as UK Prime Minister Liz Truss announced a broad stimulus package to help its people cope with rising energy bills. Elsewhere in Europe, the European Commission is mulling drastic moves to control energy prices as well. But how effective will these measures have on UK and European markets?
On Market View, Prime Time's Finance Presenter Chua Tian Tian speaks to Vincent Mortier, Group Chief Investment Officer, Amundi to find out more.
See omnystudio.com/listener for privacy information.
9/12/2022 • 14 minutes, 34 seconds
Why are some HDB upgraders ditching private homes?
Private property cooled in the first half of 2022 after the property curbs and higher mortgage rates started from Dec 16 last year.
HDB upgraders are also ditching private homes, while younger Singaporeans are renting homes instead.
What is the property outlook like in Singapore? Prime Time’s Bharati Jagdish speaks with Nicholas Mak, Head of Research & Consultancy, ERA Real Estate to find out more.
See omnystudio.com/listener for privacy information.
9/12/2022 • 15 minutes, 52 seconds
Tokenomics: How to participate in DeFi safely and sustainably?
The goal of tokenomic analysis is to understand the potential value of a DeFi or Decentralised Finance project. With authorities contemplating imposing stricter rules on retail crypto investors, Prime Time’s Bharati Jagdish speaks with Danny Chong, co-founder of Tranchess to find out how this will impact investors, especially retail investors and if you were to invest, how you can do your own tokenomic analysis.
See omnystudio.com/listener for privacy information.
9/9/2022 • 17 minutes, 28 seconds
Market View: US market outlook, Temasek's recent US buys, ECB rate hike, Energy stocks and the Singapore banking sector
Stock markets in the US, Europe and Singapore are at the heart of the discussion today.
In the US, the Beige Book showed the US economy grew slightly through the end of August, while outlook remained weak over the next year. But what does this mean for markets?
Elsewhere, the European Central Bank has hiked interest rates by yet another 75 basis points to tackle rising inflation, but how are markets likely to react, and is this the time to snap up energy shares in the region?
Back home, Singapore saw a number of digital banks sprouting recently, but what does this mean for the shares of companies backing them, and should trio of local banks be concerned?
On Market View, Prime Time's Finance Presenter Chua Tian Tian got down to the details with David Kuo, Co-founder of The Smart Investor.See omnystudio.com/listener for privacy information.
9/9/2022 • 17 minutes, 1 second
With the passing of Queen Elizabeth II, what's next for the UK?
The passing of Queen Elizabeth II shocked Asia earlier this morning. Her Majesty left peacefully in Scotland aged 96. Tributes have poured in from global leaders including Singapore Prime Minister Lee Hsien Loong. But what's next for the new monarch, King Charles III? Prime Time’s Bharati Jagdish speak with Pete Ross, Producer/Presenter, BBC to find out more.
See omnystudio.com/listener for privacy information.
9/9/2022 • 12 minutes, 49 seconds
A digital HQ that promotes flexibility and employee retention
The guidelines to enhance flexible work are expected to be introduced by the Government in 2024 following a growing trend in Singapore. One of the top concerns is whether workers are allowed to do their jobs wherever convenient. Prime Time’s Bharati Jagdish speaks with Sujith Abraham, Senior Vice President and General Manager, ASEAN, Salesforce to find out more.
See omnystudio.com/listener for privacy information.
9/9/2022 • 14 minutes, 35 seconds
Singapore slid to 2nd place in the Digital Agility Index 2022, what happened?
Singapore dropped to second place in the Digital Agility Index 2022, overtaken by Australia which showed the greatest progress in digital transformation efforts.
Across all nine APAC markets surveyed, progress in digital agility is uneven.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Damian Leach, Chief Technology Officer, APJ, Workday to find out why.See omnystudio.com/listener for privacy information.
9/9/2022 • 11 minutes, 1 second
Market View: Lombard Odier CIO's take on macroeconomic challenges, ECB rate hikes, growth prospects in China and more
The world’s economy is still facing many headwinds and none of them are out of the way yet. While countries have been firing up coal plants and importing high levels of LNG gas - questions remain as to whether governments can get through winter without severe rationing. This of course raises even more questions around the European Central Bank’s monetary tightening path for the rest of this year.
Back in Asia, China’s Chengdu extended the lockdown of most of its 21 million residents, further dampening economic activity.
On Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Stéphane Monier, Chief Investment Officer at Lombard Odier for more.See omnystudio.com/listener for privacy information.
9/8/2022 • 13 minutes, 34 seconds
33 million-dollar HDB flats sold in August, is another wave of cooling measures on the cards?
HDB resale prices rose for the 26th straight month in August, with 33 million-dollar flats sold.
Is the million-dollar resale flat a continuing trend and will we see another wave of cooling measures?
Prime Time's Bharati Jagdish speaks with Dr Tan Tee Khoon, Country Manager of PropertyGuru Singapore for more insights.
Highlights:
01:53: Is price resistance setting in?
02:47: What is the reason of price growth and will the trend continue?
05:59: 33 million-dollar resale flats sold in HDB, is this a growing trend?
07:50: What are the top private property launches to look out for?
11:37: Do you foresee another wave of cooling measures?See omnystudio.com/listener for privacy information.
9/8/2022 • 13 minutes, 30 seconds
Will you insure your smartphones and tech gadgets?
We basically want to insure things that we value as precious to us.
So, will we go to the extent of insuring our smartphones or tech gadgets?
In the Spotlight, Prime Time’s Bharati Jagdish speaks with John Trotter, Asia Head for Digital Partnership Distribution for QBE Asia to find out more.
See omnystudio.com/listener for privacy information.
9/7/2022 • 11 minutes, 1 second
ST The Big Story: How to drive to Malaysia if Touch 'n Go cards are sold out?
Motorists driving to Malaysia are having to jump through hoops to get a refund for unused balance in their Touch 'n Go highway toll cards, which are deactivated after 12 months of disuse.
On the Straits Times the Big Story, Multimedia Correspondent, Hairianto Diman, spoke with Christopher Tan, Senior Transport Correspondent at the Straits Times about some of the motorists' experience in trying to get a refund, as well as the alternatives to the Touch 'n Go cards that motorists can use to pay for the road tolls.See omnystudio.com/listener for privacy information.
9/7/2022 • 5 minutes, 29 seconds
Market View: Bursa Malaysia's push towards ESG, IPO pipeline for the year and more
Bursa Malaysia’s leadership team is in town this week and we posed some of our burning questions to their leadership team.
On our list of questions - Bursa Malaysia’s push towards Environmental, Social and Governance, or ESG goals, how the bourse is drafting up new rules for ESG disclosures, Bursa's IPO pipeline for the year and whether the stock exchange is exploring a trading link between Singapore and Malaysia.
On Market View today, Prime Time's finance presenter Chua Tian Tian spoke with Muhamad Umar Swift, CEO, Bursa Malaysia Berhad and Julian Mahmud Hashim Chief Regulatory Officer, Bursa Malaysia Berhad.
See omnystudio.com/listener for privacy information.
9/7/2022 • 14 minutes, 31 seconds
With layoffs in tech firms ongoing, how can the sector close the talent gap?
A 2022 NTUC survey has revealed that approximately 66 percent of employees are keen on upskilling to have better job progression.
Meanwhile, a survey by Rackspace Technology shows that companies are becoming more comfortable with “Cloud 2.0” technologies, regardless of the challenges in recruiting and retaining IT talents.
But it is still a race against time to close the tech talent gap. Prime Time’s Bharati Jagdish speaks with Sandeep Bhargava, Managing Director, Asia Pacific, and Japan at Rackspace Technology to find out more.
See omnystudio.com/listener for privacy information.
9/7/2022 • 13 minutes, 23 seconds
The art of balancing the BNPL scheme to avoid overspending and overleveraging
The use of mobile payments has significantly spiked due to the Covid-19 pandemic.
It has also led to the popular buy-now-pay-later scheme.
But sceptics are saying it entices consumers to run into the danger of overspending and overleveraging.
In the Spotlight, Prime Time’s Bharati Jagdish speaks with Bryan Quek, General Manager, Atome Singapore to find out more.
See omnystudio.com/listener for privacy information.
9/6/2022 • 13 minutes, 57 seconds
Market View: Gazprom vs Siemens, Europe's energy crunch, Impact on European economies, Euro and major Asian Markets
All eyes are on European markets this week as investors continue to mull economic risks in the region. The indefinite closure of the Nord Stream 1 pipeline to Germany, for one, has ignited fears of an energy crunch ahead of the winter season. The Euro fell to test a two decade low earlier in the week, while the Sterling hit a 2.5 year low, reflecting investors’ sentiments. But what would this mean for the European economy, and how will uncertainties there affect Asian economies and markets?
On Market View today, Prime Time's finance presenter Chua Tian Tian speaks to Manish Singh is the Chief Investment Officer of Crossbridge Capital Group to keep you up to date with all you need to know this week.
See omnystudio.com/listener for privacy information.
9/6/2022 • 14 minutes, 35 seconds
Faster and modern citizen services via digital transformation are emerging across Asia
The unexpected disruptions in the past two years have urged governments to change their ruling approach.
Digital solutions were increasingly being adopted to tackle difficulties evolving from the pandemic, including tracing infected cases and maintaining safety for citizens.
Such a lesson now turns into a foundation of digitization priority.
Prime Time’s Bharati Jagdish speaks with Max Peterson, Vice President, Worldwide Public Sector, Amazon Web Services to find out more. See omnystudio.com/listener for privacy information.
9/6/2022 • 14 minutes, 18 seconds
Who will be the new Prime Minister to lead the UK out of its multiple crisis?
The UK's incoming prime minister will be shortly announced later today.
The new successor will have to handle the current economic crisis and the pressure coming from the hike in energy costs.
In the Spotlight, Prime Time’s Bharati Jagdish speaks with Rich Preston, Senior World News Reporter / Presenter, at the BBC to find out more.
See omnystudio.com/listener for privacy information.
9/5/2022 • 14 minutes, 16 seconds
Market View: US non-farm payrolls report, Russia's Gazprom cutting gas supplies , market reaction and Bitcoin
US non-farm payrolls rose 315,000 in August, a little lower than the 318,000 expected by Dow Jones economists, but will the data is enough for the Fed to change their minds on a jumbo rate hike come September?
At the same time, Russia’s Gazprom has announced an indefinite shutdown of its key Nord Stream 1 pipeline to Germany after G7 countries agreed to impose a price cap on Russian oil. Have this foreshadowed the positive sentiments over the US jobs report?
And in currency news - the Yen has crossed the psychological 140 mark against the dollar. Bitcoin, meanwhile, falling below the US$20,000 support level. Where will the Yen and Bitcoin move in the near term?
On Market View, Prime Time's finance presenter Chua Tian Tian broke down the market action with Craig Erlam, Senior Market Analyst, UK & EMEA at OANDA.
See omnystudio.com/listener for privacy information.
9/5/2022 • 13 minutes, 33 seconds
How will the boom in hybrid shopping behaviour affect the retailers?
Retailers are coming back with in full force for the upcoming The Great Singapore Sale, timed to coincide with the return of the Formula One Grand Prix, which is expected to bring in an increasing number of visitors to the country.
Shopping is expected to stay hybrid with two modes, online and offline, hoping to help sellers attract more buyers and compensate for the loss of the past two years.
Prime Time’s Bharati Jagdish speaks with Priyanka Gargav, Head of Commercial, Southeast Asia & Hong Kong, at payments platform, Adyen to find out more.
See omnystudio.com/listener for privacy information.
9/5/2022 • 11 minutes, 46 seconds
Why are 50% of Singaporeans not confident about climate goals here?
Most local businesses have pledged to comply with the Singapore Green Plan 2030, showing the determination to deal with climate change.
But according to the Schneider Electric’s “Singapore Green Pulse Survey”, Singaporeans are still uncertain that the country can accomplish its climate goals n the coming years.
Prime Time’s Bharati Jagdish speaks with Yoon Young Kim, Cluster President, Singapore, Malaysia and Brunei, Schneider Electric to find out more.
See omnystudio.com/listener for privacy information.
9/5/2022 • 13 minutes, 33 seconds
What can Singapore do to reach its milestone of Zero Waste Nation?
12 percent of Singapore's national waste comes from food.
As such, reducing food waste, redistributing unsold or excess food and recycling food waste are among the goals of the national waste management approaches towards a Zero Waste Nation.
In the Spotlight on Prime Time, Bharati Jagdish speaks with two young entrepreneurs, Tan Shi En, Founder & CEO of EzCompostr, and Gabriel Yang, Co-Founder & CTO, EzCompostr, on their passion and mission in turning waste into a vehicle of change.
See omnystudio.com/listener for privacy information.
9/2/2022 • 15 minutes, 37 seconds
ST: The Big Story: Is the landscape around Clementi NorthArc BTO still safe?
The Building and Construction Authority (BCA) has issued a stop-work order to builders at the Housing Board Clementi NorthArc Build-To-Order (BTO) construction site after a landslide on Friday morning caused damage to the Ulu Pandan Park Connector.
On the Straits Times The Big Story, Multimedia Journalist, Cheow Sue-Ann speaks with David Ng, Chairman, Institute of Engineers, Civil and Structural Technical Committee, to shed some light on the possible causes and implications of the landslide.See omnystudio.com/listener for privacy information.
9/2/2022 • 4 minutes, 11 seconds
Market View: How do industry players assess the aerial mobility vehicles market, and how much money is up for grabs to make the venture worthwhile?
Urban aerial mobility vehicles, or flying cars to the man in the street, has become increasingly in the spotlight these days. While the market is still nascent, some venture capitalists are already putting their money into the industry, which was valued at US$2.7 billion according to some sources.
But how do startups overcome regulatory hurdles to develop vehicles that can be used by a wide range of customers? What is their market positioning and pricing strategy? Just how much money is up for grabs for them to take the risk to venture into the urban aerial mobility market?
On Market View today, Prime Time's finance presenter Chua Tian Tian speaks to Dr. Neo Kok Beng, CEO & Founder of NEO Aeronautics to find out more.See omnystudio.com/listener for privacy information.
9/2/2022 • 14 minutes, 46 seconds
Scepticism around crypto is still on a rise
Cryptocurrencies experienced a detrimental deflation in its value in the last quarter. Consequently, some companies had to close down their operations and put a termination on recruitment. Around 1,700 workers were laid off globally in June. Prime Time’s Bharati Jagdish speaks with Dr. Julian Hosp, CEO and Co-Founder of Singapore-based decentralised finance platform, Cake DeFi to find out more.
See omnystudio.com/listener for privacy information.
9/2/2022 • 15 minutes, 46 seconds
To mask or not to mask?
It’s officially mask-free days starting Aug 29 (Monday), as it is made optional indoors.
But is it okay to do so, especially for people who are still Covid-free?
On Prime Time, Bharati Jagdish speaks with Dr Leong Hoe Nam, an infectious disease specialist at Mount Elizabeth Novena Hospital, Singapore, to find out more
Highlights:
00:58 Is it entirely safe now to remove our masks now? 03:10 Why do you recommend we should still keep our masks on? 04:44 What would a universal vaccine mean to a fight against Covid? 07:44 Do you think mask mandate will be back again with another wave of reinfections?
08:22 What is your view on the regime in our fight against Covid moving forward?
09:01 Should we still mask up onboard a plane?
See omnystudio.com/listener for privacy information.
9/2/2022 • 11 minutes, 4 seconds
What should customer experience strategies change amid virtual reality boom?
With the current shift in the technology landscape, virtual reality puts great pressure on companies regarding optimisation in growth and current customer retention.
To maintain the resilience of the business, a survey by Harvard Business Review and Salesforce proved that it is crucial for every business to create a superior customer experience, which helps boost revenue and lower costs.
In the Spotlight, Prime Time’s Bharati Jagdish speaks with Edward Hutchins, the product lead for Thoughtworks to find out more.
See omnystudio.com/listener for privacy information.
9/1/2022 • 13 minutes, 40 seconds
Market View: A round up of US stock markets, the Twitter saga, oil prices, and stocks to watch in Singapore
US stocks have failed to wriggle their way out of an earlier market rout after Federal Reserve Chair Jerome Powell reiterated the central bank's resolve. Can we expect markets to bottom out over the next week? Will the US nonfarm payrolls report report out tomorrow make any difference to current market sentiments?
In the meantime, what are the latest developments affecting oil prices and would we see a despite in global markets?
And in company news - Elon Musk filed another notice to terminate the acquisition of Twitter. What is the Tesla's chief's true intentions really?
Back home, which are the stocks that investors here in Singapore should be looking at?
On Market View today, Prime Time's finance presenter Chua Tian Tian spoke with Terence Wong, CEO of Azure Capital to get you all the details you need to know this week.
See omnystudio.com/listener for privacy information.
9/1/2022 • 13 minutes, 56 seconds
ST: The Big Story - K. Shanmugam on Schooling and Amanda's confession of cannabis consumption
Law Minister K. Shanmugam said that there was no clear evidence that both Joseph Schooling and Amanda Lim were currently taking drugs as the evidence was inconclusive.
Here’s more from the minister on the Straits Times The Big Story.See omnystudio.com/listener for privacy information.
9/1/2022 • 2 minutes, 30 seconds
Innovation as an agile approach should not only be an exit during a crisis but also a habit of normal operations.
It is true that being resilient to grow in an uncertain environment is important.
To help organisations reach better growth in the post-crisis, a new strategy should be adopted for both survival and innovation during the crisis.
However, such approaches should not only be utilised during the challenging periods, they should also be integrated in normal daily lives to maintain its agility.
Prime Time’s Bharati Jagdish speaks with Daniel Theyagu, Corporate Trainer, Agile Coach and Senior Managing Partner at Lateral Solutions Consulting, to find out more.
See omnystudio.com/listener for privacy information.
9/1/2022 • 15 minutes, 22 seconds
To will or not to will?
The current inflation and economic uncertainty have urged people to have better planning for retirement and wealth management.
However, about 54 percent of Singaporeans, aged from 45 to 64 years old, admitted that they have yet to think about planning for retirement. This despite 75 percent saying Covid-19 has made them more concerned about it.
In the Spotlight, Prime Time’s Bharati Jagdish speaks with Gary Harvey, CEO of St James’s Place Singapore to find out more. See omnystudio.com/listener for privacy information.
8/31/2022 • 13 minutes, 59 seconds
ST: The Big Story with Education Minister Chan Chun Sing on staying competitive for future job seekers
With the announcement of the launch of the new ONE Pass to attract global talent from all sectors, one of the concerns Singaporeans felt was whether they will be placed at a disadvantage.
On the Straits Times The Big Story, Hairianto Diman - Multimedia Correspondent spoke with Education Minister Chan Chun Sing, the man charged with preparing young Singaporeans for future jobs, to find out more.See omnystudio.com/listener for privacy information.
8/31/2022 • 4 minutes, 34 seconds
Market View: No ambiguity on the Fed's position ahead, but how sticky do we expect prices to be?
US Federal Reserve Chairman Jerome Powell has made it clear to market participants that the central banks would raise interest rates in a way that will cause “some pain” to the US economy, sending markets to a nosedive in recent days.
There is no ambiguity on the Fed’s position ahead, but how sticky do we expect prices to be, and when will the Fed be able to adjust its course?
On Market View today, Prime Time's finance presenter Chua Tian Tian posed these burning questions to Vasu Menon, Executive Director, Investment Strategy at OCBC Bank.See omnystudio.com/listener for privacy information.
8/31/2022 • 13 minutes, 4 seconds
How can global companies improve the shortage of skilled tech labour?
Contrary to the country’s demand for technology innovation, shortage of skilled workers in the tech sector would rise to 4.3 million in 2030.
It is highlighted by Prime Minister Lee Hsien Loong at the National Day Rally that Singapore is planning ahead to appeal and maintain the flow of world talent into the country.
Prime Time’s Bharati Jagdish speaks with Andy Sim, Vice President & Managing Director, Singapore, Dell Technologies to find out more. See omnystudio.com/listener for privacy information.
8/31/2022 • 12 minutes, 45 seconds
Marketing strategies need to evolve to accommodate shift in customers’ behaviours
How can marketing strategies evolve to accommodate shift in customers’ behaviours?
A McKinsey report found that consumers are becoming wiser, which has forced brands and businesses to improve or change their approach in marketing.
This has in fact placed pressure on marketers amid the current inflation and recession.
However, there are still possible solutions to this issue.
In the Spotlight on Prime Time, Bharati Jagdish speaks with Jonathan Parker, Managing Director, EMEA & APAC, APR on how businesses are shaking up the marketing playbook.
See omnystudio.com/listener for privacy information.
8/30/2022 • 14 minutes, 12 seconds
Market View: What are the chances for better recovery of local retail amid global headwinds?
Figures show that local retail sales rose at a slower pace in June, which economists expected to become better at the end of 2022.
How the current uncertainties, inflation and interest rate hike have impacted such spending and what can be looked out for coming to the end of this year?
On Market View today, financial presenter Chua Tian Tian speaks to Nash Benjamin, Group Chief Executive Officer, FJ Benjamin to find out more.
See omnystudio.com/listener for privacy information.
8/30/2022 • 14 minutes, 50 seconds
ST The Big Story: Changi Airport is gearing up for year end rush
Transport Minister S Iswaran says Changi Airport is expecting a busy travel season during the year-end holidays with flights expected to hit 80 percent of pre-Covid numbers.
Here’s more with Multimedia journalist, Cheow Sue-Ann on the Straits Times The Big Story.See omnystudio.com/listener for privacy information.
8/30/2022 • 3 minutes, 21 seconds
What are the trends to lookout for in Singapore property?
Singapore-grown tech-enabled real estate agency, Propseller, has raised US$12 million US dollars in Series A funding.
That’s up from the US$1.2 million in seed funding it previously raised in October 2020.
They have plans for the new funding for sure, but what does it take to become a game changer in the real estate industry here and what are the local property trends that they can share with us?
On the Prime Time, Bharati Jagdish speaks with Adrien Jorge, Founder and CEO, Propseller, to find out more.See omnystudio.com/listener for privacy information.
8/30/2022 • 11 minutes, 7 seconds
ST The Big Story: What does the new ONE Pass for global talent mean to local competition?
Singapore has just announced the Overseas Networks and Expertise or ONE Pass - a new work pass aimed at attracting top workers across all sectors.
On the Straits Times The Big Story, Multimedia Journalist, Cheow Sue-Ann spoke with Tan Khee Giap, Economist and Chairman at Singapore National Committee, Pacific Economic Cooperation Council to understand more.See omnystudio.com/listener for privacy information.
8/29/2022 • 5 minutes, 26 seconds
In the Spolight: ShopBack creates a win-win for both heartland merchants and customers with digital perks
Businesses in the heartland are known to both provide affordable products and maintain the country’s culture.
With the objective of keeping up with the retail evolving space, Heartlands Go Digital programme was introduced along with e-payments adoption and other e-commerce approaches.
One company has gone one step further by not just providing digital tools for these heartland merchants, but a cashback perk for consumers for a win-win.
In the spotlight, Prime Time’s Bharati Jagdish speaks with Lee Min Quan, Commercial Lead (In-Store and Payments), ShopBack to find out more.
See omnystudio.com/listener for privacy information.
8/29/2022 • 12 minutes, 59 seconds
Market View: What's driving global M&A activity this year, and to what extent is India an active market?
Global mergers and acquisitions take the center stage of our discussion today. An analysis by Ernst & Young showed that M&A activity in the first half of this year has been resilient despite major geopolitical and financial headwinds, with 2,274 deals with a total value of US$2.02trillion in the first half of this year alone.
But which are the active markets and sectors, and what should investors looking to cash out through M&A take note of?
On Market View, Prime Time's Finance Presenter Chua Tian Tian spoke with Kah-Loon Mah, CEO at Ernst & Young Corporate Finance for more. See omnystudio.com/listener for privacy information.
8/29/2022 • 15 minutes, 9 seconds
Nutri-Grade labelling scheme & novel food safety for Singapore's 30 by 30 vision to address food security
Food security has been among the top concerns in Singapore after food export is restricted in some countries. To tackle such challenges, the “30 by 30” goal is aimed at constructing an agri-food capability and capacity to sustainably produce 30 percent of the local nutritional needs by 2030.
Prime Time’s Bharati Jagdish speaks with Dr. Benjamin Smith, Director of FRESH and Director of A*STAR Innovations in Food & Chemical Safety Programme to find out more.
See omnystudio.com/listener for privacy information.
8/29/2022 • 16 minutes, 47 seconds
With escalating geopolitical tensions, is Asia’s peace under threat?
The 21st century has mostly been a time of peace and a window of possibility for economic growth in Asia. But the pandemic has seen countries politically polarised and societies deeply divided.
Having enjoyed decades of peace, is Asia confronted with the prospect of war again?
In the Best of Prime Time, Bharati Jagdish spoke with Pushan Dutt, Professor of economics and political sciences at INSEAD for more insights.
See omnystudio.com/listener for privacy information.
8/26/2022 • 15 minutes, 16 seconds
Dr Vivian Balakrishnan: Today's world reminds me of WW1
Foreign Minister Dr Vivian Balakrishnan said today’s world reminds him of the situation before WW1.
He said the world is entering a very dangerous phase where miscalculations could easily lead nations down a path of conflict, and that the period of growth and opportunity Singapore has enjoyed since independence has come to an end.
Dr Balakrishnan was elaborating on Prime Minister Lee Hsien Loong's National Day Rally speech in which he spoke of how Singapore's external environment has become very troubled on The Straits Times The Big Story with Lynn Lee-Foo.See omnystudio.com/listener for privacy information.
8/26/2022 • 7 minutes, 2 seconds
Market View: What's to come at the Jackson Hole economic symposium, US inflation picture, hedging against ongoing uncertainties
The US inflation situation continues to dominate our conversation here, especially with Federal Reserve Chair Jerome Powell set to make his comments at the Jackson Hole economic symposium later in the day. What is US inflation picture, and how will markets end the week? What strategies investors can take to hedge against the risk of further interest rate hikes?
On Market View today, Prime Time's finance presenter Chua Tian Tian posed these questions with Gary Dugan, CEO of The Global CIO Office.See omnystudio.com/listener for privacy information.
8/26/2022 • 9 minutes, 53 seconds
15 years on, what’s next for Google Singapore?
A company that needs no introduction - Google and when it comes to its success in Asia, Singapore has always been central. From the creation of its engineering team and the setting up of its first APAC data centre. In the Best of Prime Time, Bharati Jagdish spoke with Ben King, Managing Director of Google Singapore to find out what’s next for the tech company and how Google will continue to support the nation’s vision of a digital-first future.See omnystudio.com/listener for privacy information.
8/26/2022 • 15 minutes, 35 seconds
How can companies adapt to the younger workforce and make them happy?
A task force launched last month is expected to attract 10,000 youth aged from 18 to 25 to have more insight into their career, financial and mental well-being goals.
Gen Z or Zillennials are fast becoming predominant percentages of the workforce.
They are seeking better employment treatment, flexibility, and work/life balance.
So how can employers make this future workforce happy?
In the Spotlight, Bharati Jagdish speaks with David Chong, Recruitment Project Director, Korn Ferry to find out more.
See omnystudio.com/listener for privacy information.
8/25/2022 • 13 minutes, 18 seconds
The Big Story: Will Thailand have a new Prime Minister?
The verdict of suspended Thai prime minister Prayut Chan-o-cha could come in September.
Will Thailand be expecting a new Prime Minister?
In The Straits Times’ The Big Story, Multimedia journalist Cheow Sue-Ann spoke with Tan Tam Mei, Thailand Correspondent at the Straits Times to find out more.See omnystudio.com/listener for privacy information.
8/25/2022 • 5 minutes, 23 seconds
Market View: How will the US and European markets overcome the current ongoing downturn?
Over the past few days, US and European markets have experienced quite a number of noteworthy events.
In the US, volatilities kept investors waiting for the comments of Federal Reserve Chairman Jerome Powell at the upcoming Jackson Hole economic symposium.
European markets also did not have a positive week with the continual crisis making gas prices spike by 13 percent.
On Market View, Finance Presenter Chua Tian Tian speaks to Thomas Rupf, CIO Asia & Head of Trading Execution, VP Bank Ltd Singapore Branch to find out more.
See omnystudio.com/listener for privacy information.
8/25/2022 • 9 minutes, 36 seconds
How crucial is digital trust in raising the GDP per capita?
Building digital trust has the potential to unleash trillions of dollars in economic growth.
In the Best of Prime Time, Bharati Jagdish spoke with Namrata Jolly, APAC General Manager, Callsign for more insights on their latest findings in a report called "The Value of Digital Trust Index".See omnystudio.com/listener for privacy information.
8/25/2022 • 12 minutes, 57 seconds
In the Spotlight : Is IT to blame for the rise of “Hikikomori” effect?
One of the side effects of pandemic lockdowns is severe social withdrawal.
As countries slowly open up, some people struggled to re-emerge from a period of isolation.
And as the world is transitioning from epidemic to endemic, such disorder seems to be more worrying for those affected.
Prime Time’s Timothy Go and Bharati Jagdish speak with Prof Jan. Ondrus, Associate Professor of Information Systems and Associate Dean of Faculty, ESSEC Asia Pacific to find out more.
See omnystudio.com/listener for privacy information.
8/24/2022 • 12 minutes, 24 seconds
The Big Story: Mask wearing is not necessary unless....
Masks will not be required in most indoor settings from Monday (Aug 29), as Singapore takes a significant step towards living with Covid-19.
However, ministers and public health experts say that Singaporeans should wear a mask if they are feeling unwell or have been exposed to the virus.
In The Straits Times’ The Big Story, Multimedia journalist Cheow Sue-Ann spoke with Dr Alex Cook is an Associate Professor at the NUS Saw Swee Hock School of Public Health to find out more about these developments.See omnystudio.com/listener for privacy information.
8/24/2022 • 5 minutes, 17 seconds
Market View: Is investment in the football industry starting to heat up in the post-pandemic era?
Manchester United has gained attention from investors in the past week after billionaire Elon Musk’s joke about buying the club.
Concurrently, British billionaire, Jim Ratcliff also showed interest in buying the Red Devils.
Whoever owns the club is expected to invest in the restoration of the club's former glory.
Is investment in the football industry starting to heat up?
On Market View today, financial presenter Chua Tian Tian speaks to James Walton, Deloitte Southeast Asia Sports Business Group Leader to find out more.
Highlights:
01:24 : What is the revenue growth in European football in the past year?
03:13 : Which football clubs or league are the main contributor to the growth?
06:11 : How can leagues secure broadcasting rights in Asia to help boost revenue?
07:25 : What is the football investment landscape now?
11:30 : What is the outlook of European football in the upcoming season?
See omnystudio.com/listener for privacy information.
8/24/2022 • 15 minutes, 49 seconds
Salary & demand for tech talent in Singapore remain high despite the hiring slowdown
Manpower Minister Tan See Ling, on 29th July, mentioned that the higher wage demanded by workers is inevitable despite the economic slowdown in Singapore. Additionally, according to the Singapore Manpower Research and Statistic Department, the high job vacancies observed was resulted from the shortage of individuals who are equipped with the relevant tech skills and experience.
Though the path to recovery seems optimistic, despite the recession, the grave issue of a tech talent crunch still remains due to the niche skills required.
On Career 360, Prime Time’s Timothy Go and Bharati Jagdish speak with Paul Endacott, CEO and Founder, GRIT Search to find out why they’re still in demand in spite of the tech winter.
See omnystudio.com/listener for privacy information.
8/24/2022 • 10 minutes, 8 seconds
In the Spotlight: Fancy travelling in Singapore and across borders via an air taxi?
Once thought to only exist in science fiction, air taxis will soon take flight in Singapore. In the Spotlight, Timothy Go and Bharati Jagdish look into the future as they speak with Hon Lung Chu, Head of APAC, Volocopter for a quick update on the latest developments and progress on commercial air taxis in Singapore.See omnystudio.com/listener for privacy information.
8/23/2022 • 11 minutes, 31 seconds
The Flexi Group launches as the largest operator of flexible workspaces in Asia-Pacific
Businesses of all sizes shifting their workplace strategies towards flexible solutions as the Covid-19 pandemic changes the way the world works.
Now, regional co-working companies the Hive, Common Ground and The Cluster have merged to form a new company – The Flexi Group – that wants to roll up other industry peers across Asia, and head for an initial public offering.
In Powering Your Property, Prime Time’s Timothy Go and Bharati Jagdish speak with Chris Edwards, CEO, The Flexi Group to find out how they are tapping into the flexible office industry in the Asia Pacific region. See omnystudio.com/listener for privacy information.
8/23/2022 • 9 minutes, 17 seconds
ST: The Big Story, 23 Aug - Malaysia's top court upholds ex-PM Najib's guilty verdict in 1MDB scandal
Malaysia's ex-premier Najib Razak has failed in his final appeal against a graft conviction, which is set to see him serve jail time for misappropriating millions of 1MDB funds.In The Straits Times’ The Big Story, Multimedia Journalist Hairianto Dirman spoke with ST’s Malaysia Correspondent Ram Anand for more on these developments. See omnystudio.com/listener for privacy information.
8/23/2022 • 4 minutes, 17 seconds
Market View: What to read from Singapore's new 13-year high inflation rate
On Market View on Prime Time, Timothy Go and Bharati Jagdish speak with Alvin Liew, Senior Economist, UOB on Singapore's July's inflation data, the severe weather in China, Europe and the US impacting businesses, causing food and energy prices to rise, plus whether Europe is slipping into a recession after weak PMI data in August.
See omnystudio.com/listener for privacy information.
8/23/2022 • 11 minutes, 45 seconds
ST: The Big Story, 22 Aug - Repealing Section 377A is the right thing to do, says Shanmugam
Law and Home Affairs Minister K. Shanmugam has said that it will be irresponsible of the Government to not act following the most recent court challenge to Section 377A, which criminalises sex between men.
Speaking to ST's Tham Yuen-C and Hairianto Diman for a special Monday (Aug 22) edition of The Big Story, Mr Shanmugam also elaborated on how the Government will uphold and safeguard the definition of marriage between a man and a woman.
This comes after Prime Minister Lee Hsien Loong announced in his National Day Rally speech on Sunday that the section will be repealed, and the Constitution amended to protect the definition of marriage as one between a man and a woman.See omnystudio.com/listener for privacy information.
8/22/2022 • 7 minutes, 5 seconds
Update on Ukraine’s upcoming Independence Day and the biggest military training collaboration between the US and Korea Republic
It has been six months since Russia started its invasion of Ukraine, and this coming 24 August will be Ukraine’s Independence Day. How differently will this occasion be celebrated amid the war? As South Korea has been under great threat from North Korea, the US and South Korea are launching their biggest military training to prepare for the worst.
Prime Time’s Timothy Go and Bharati Jagdish speak with Eleanor Smallwood, Journalist, Partner Hub, BBC World Service to find out more. See omnystudio.com/listener for privacy information.
8/22/2022 • 8 minutes, 27 seconds
Market View: How will Singapore overcome the current strike of the rising inflation moving to the end of 2023?
Prime Minister Lee Hsien Loong stated in his National Day Rally speech that no GST would be irresponsible during the greying population. GST is still rising with the $6.6 billion assurance package to be disbursed in March 2023. On Market View today, Timothy Go and Bharati Jagdish speak with Jeff Ng, Senior Currency Analyst, MUFG to find out more.
See omnystudio.com/listener for privacy information.
8/22/2022 • 9 minutes, 48 seconds
NDR 2022: Implications of geopolitical tensions on Singapore & the region
US-China and Russia-Ukraine tensions, challenges of the rising cost of living, and securing Singapore’s future. These were some of the regional and global issues addressed during Prime Minister Lee Hsien Loong’s National Day Rally speech on Sunday.
Prime Time's Timothy Go and Bharati Jagdish spoke with Terence Ho, Associate Professor Terence Ho, NUS Lee Kuan Yew School of Public Policy as they dissect the key highlights from the speech.
See omnystudio.com/listener for privacy information.
8/22/2022 • 7 minutes, 54 seconds
Seeking order amidst chaos for the air transport industry post Covid-19
With the international Air Transport Association predicting a return to pre-pandemic levels by 2023 for international air travel, the air transport industry is in a serious time crunch to fix the global travel chaos in airports.
Prime Time's Timothy Go and Bharati Jagdish spoke with Ilya Gutlin, Senior Vice President, APAC, Alcatel-Lucent Enterprise to find out how the sector can ramp up capacity and alleviate these industry-wide issues in the long term.
See omnystudio.com/listener for privacy information.
8/22/2022 • 13 minutes, 35 seconds
In the Spotlight: Why rent-a-tech concept is gaining traction in Singapore?
With inflationary pressures, cost conscious shoppers look for ways to save and cut costs. How about renting a tech gadget? and at the same time reduce e-waste to save the environment? Bharati Jagdish and Timothy Go speak with Tay Han Jie, Chief Commercial Officer and Co-founder, Lendor, about the tech circular economy.See omnystudio.com/listener for privacy information.
8/19/2022 • 12 minutes, 8 seconds
Market View: Taking stock of the week - US Federal Reserve's July meeting minutes, China's property debt crisis, Singapore's inflation outlook
Its the end of the work week already, and we want to take stock of a couple of major developments in the US, Asia and Singapore. On our list today are the minutes from the Federal Reserve’s July meeting, China's worsening property debt crisis and the Singapore's inflation outlook.
On Market View, Prime Time's Finance Presenter Chua Tian Tian got down to the details with Professor Sumit Agarwal, Low Tuck Kwong Distinguished Professor of Finance, Economics and Real Estate, and Managing Director of the Sustainable and Green Finance Institute at the National University of Singapore.See omnystudio.com/listener for privacy information.
8/19/2022 • 16 minutes, 5 seconds
Venture capital investors increasing support for startups targeting sustainability
In recent years, the world has witnessed a soaring inflow of capital into sustainable investment. This is particularly so following the Covid-19 pandemic, which has highlighted the need for innovative solutions to the climate crisis. How can we support startups to integrate the science of behaviour change into their products and offerings?
Prime Time's Bharati Jagdish spoke with Ramanan Raghavendran, Managing Partner, Amasia to find out more about the increasing emphasis on climate change and sustainability, as well as opportunities for impact investors.See omnystudio.com/listener for privacy information.
8/19/2022 • 18 minutes, 24 seconds
In the Spotlight: Is Singapore's smart nation ambition ready for Web3.0?
Singapore has been recognised for years as one of the world’s top smart cities. In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish speak with Mark Tham, Managing Director — Health & Public Service, Southeast Asia, Accenture Singapore for more insights into the pursuit of our goal of becoming a digital innovation hub.See omnystudio.com/listener for privacy information.
8/18/2022 • 12 minutes, 19 seconds
Market View: Who is contributing to Singapore's stellar real estate performance, and which real estate markets should we be looking at in APAC?
A report by MSCI showed Singapore racking up its best quarter ever for commercial property deals to defy a sharp region-wide decline. But what are the underlying reasons for the stellar showing? For how long can this momentum sustain? And which APAC markets should investors set their sights on in the meantime? On Market View, Prime Time's Finance Presenter Chua Tian Tian posed these questions to Benjamin Chow, Head of Asia Real Assets Research at MSCI.
See omnystudio.com/listener for privacy information.
8/18/2022 • 16 minutes, 23 seconds
The dark side of audience engagement in the era of digital media
We're more informed now than we've ever been, with the unlimited choices to consume news online. But, as modern journalists work around the clock, how are they facing the industry’s biggest challenges?
Prime Time's Timothy Go and Bharati Jagdish speak with Grace Ho, Opinion Editor at the Straits Times about the obstacles that journalists face in the era of new media and how she is navigating the dark side of audience engagement. Highlights of the conversation :
1:16 : What was the impetus for writing this article? 4:02 : Why should the general public understand about the journalist's point of view on internet trolls? 6:49 : Is there enough institutional guidance on audience engagement?
10:11 : How can journalists rise above the noise in this digital age to be the bigger person?See omnystudio.com/listener for privacy information.
8/18/2022 • 13 minutes, 22 seconds
In the Spotlight: What are consumers unknowingly paying during cyberattacks?
As data breaches continue to grow, the soaring cost not only cuts into companies’ bottom line but hurts customers. So what is the unknown cost that we as consumers are paying?
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish speak with Tim Wellsmore, Director, Falcon Complete, APJ at CrowdStrike to find out more.See omnystudio.com/listener for privacy information.
8/17/2022 • 13 minutes, 21 seconds
ST: The Big Story, 17 Aug - Singapore sets targets in Enabling Masterplan to support persons with disabilities
Singapore aims to have 40% of working-age persons with disabilities employed by 2030, up from about 30 per cent between 2020 and 2021.
The goal was set out in the fourth and latest road map, launched on Wednesday (Aug 17), to support PWDs and enable them to contribute to society.
The Enabling Masterplan 2030 also laid out initiatives for employers that would move the country towards this goal over the next eight years.In The Straits Times’ The Big Story, Multimedia Journalist Hairianto Dirman spoke with J R Karthik, CEO of social service agency AWWA to weigh in on the initiatives.See omnystudio.com/listener for privacy information.
8/17/2022 • 6 minutes, 10 seconds
Market View: How do VCs actively manage and grow their startups?
Earlier in the show, we spoke about key trends in food sustainability investments and how venture capitalists choose the companies they want to invest in. But what happens next, and how do investors actively manage to achieve the returns they want? On Market View, Prime Time's Finance Presenter Chua Tian Tian spoke with John Cheng, Director of Singapore's first food focused startup accelerators Innovate 360 for moreSee omnystudio.com/listener for privacy information.
8/17/2022 • 16 minutes, 11 seconds
Companies in Singapore at risk of losing talent as workforce exhaustion slip from risk radar
Companies in Singapore are at risk of losing talent as mental health and workforce exhaustion slip from risk radar. This is according to People Risk: Resetting priorities to manage risks for workforce and business resilience, a new report by Mercer Marsh Benefits.
On Career 360, Prime Time's Timothy Go and Bharati Jagdish speak with Neil Narale, Mercer Marsh Benefits Leader in Singapore to find out how companies here can mitigate these risks to retain talent. See omnystudio.com/listener for privacy information.
8/17/2022 • 14 minutes, 4 seconds
In the Spotlight: How to start saving effortlessly with gold?
Gold is traditionally the hedge against inflation.
As a result, in times of either a crisis or inflation, many investors turn to gold to protect their principal.
Prime Time’s Timothy Go and Bharati Jagdish speak with Braham Djidjelli, Co-founder and Chief Product Officer, Hugosave, to find out how we can make savings effortless and easy with gold.See omnystudio.com/listener for privacy information.
8/16/2022 • 11 minutes, 9 seconds
Singapore’s rental market heats up - Are high prices here to stay?
The rise of rental prices in Singapore has been on a streak. HDB rents are on a 2-year rising streak since the Covid-19 pandemic started while condo rents are on a 1.5-year rising streak. The heated rental market is also accompanied by rising home prices as well.
But are these high prices sustainable, and what does it mean for the outlook of the rental market for the rest of the year?
In Powering Your Property, Prime Time's Timothy Go and Bharati Jagdish spoke with Nicholas Mak, Head of Research and Consultancy at ERA Realty to find out more.See omnystudio.com/listener for privacy information.
8/16/2022 • 11 minutes, 46 seconds
ST: The Big Story, 16 Aug - Teachers to get pay increase of between 5% and 10% from Oct 1
More than 35,000 teachers will get a pay hike of between 5 per cent and 10 per cent from Oct 1 as part of efforts to attract and retain talent.
The pay increase will also apply to about 1,600 allied educators and 800 pre-school teachers in Ministry of Education kindergartens.
In The Straits Times’ The Big Story, Multimedia Journalist Hairianto Dirman spoke with Education correspondent Amelia Teng to find out if the pay increase for teachers is enough to attract and retain talent in the teaching sector.See omnystudio.com/listener for privacy information.
8/16/2022 • 2 minutes, 44 seconds
Market View: Identifying alternative protein companies to invest in
Food sustainability and alternative protein companies have gained increased attention from investors these days as the world races to find ways to feed a growing population. For one thing, plant-based food companies in the US raised more than US$741 million in venture capital in the first three months of 2020 alone. But how do VCs identify which startups to invest in, and how can we as retail investors also hop on the bandwagon? On Market View, Prime Time's Finance Presenter spoke with Yip Hon Mun. He’s an Investor in Sustainability and Alternative Protein, and has over thirty years of investment, operations, and board level experience with PE funds, family offices and start-ups.See omnystudio.com/listener for privacy information.
8/16/2022 • 16 minutes, 19 seconds
In the Spotlight: What to expect in Serbia and Kosovo talks over tensions
In the Spotlight, the leaders of Serbia and Kosovo will meet in Brussels on Aug. 18 to discuss a flare-up of tensions between the neighbouring western Balkan nations.
Bharati Jagdish and Timothy Go speak with BBC's Producer/Presenter, Peter Ross, to discuss what to expect from the talks, plus the Brazilian Presidential election as well as the latest developments of the heatwave in Europe.See omnystudio.com/listener for privacy information.
8/15/2022 • 12 minutes, 28 seconds
Market View: What should investors in the US and Europe look out for this week?
It's going to be a heavy week for markets in the US and Europe. For one thing, investors in the US are looking to the FOMC's minutes for its July meeting for clues on how the US Federal Reserve is set to move interest rates. Meanwhile, the energy crisis continues in Europe with prices surging to fresh records. So what should investors in both regions look out for this week? On Market View, Financial Presenter Chua Tian Tian posed these questions to Silvia Dall’Angelo, Senior Economist, Federated Hermes Limited.
See omnystudio.com/listener for privacy information.
8/15/2022 • 13 minutes, 59 seconds
Data upturning marketing: How to bridge the gap between new-age & old-world marketing
As technology continues to evolve with full force, how will the future of marketing after Covid-19 shift? Prime Time’s Timothy Go and Bharati Jagdish spoke with Prashant Kumar, Founder & Senior Partner at Entropia and author of 'Made in Future' to delve into the principles and applications of marketing strategy in the new age.
See omnystudio.com/listener for privacy information.
8/15/2022 • 14 minutes, 30 seconds
ST: The Big Story, Aug 15 - Reaction to retail staff's 8.4-8.5% annual pay increases over next 3 years
Local retail workers are set to get salary increases of 8.4 per cent to 8.5 per cent annually over the next three years under a proposed wage ladder to boost low wages in the sector.
This is expected to take effect from Sept 1 this year to Aug 31, 2025.
The wage increase is one of the recommendations announced by the Tripartite Cluster for Retail Industry on Monday under the Progressive Wage Model.
Other key recommendations include minimum training requirements for all retail job roles under the model and a clear career progression pathway.
In The Straits Times The Big Story, Multimedia journalist Hairianto Dirman spoke with Scanteak CEO Jamie Lim to find out what these recommendations mean to retail employers, and the possible challenges in implementing them.See omnystudio.com/listener for privacy information.
8/15/2022 • 4 minutes, 42 seconds
The outlook for the cruise industry post-pandemic
The Covid-19 pandemic was a disaster for the cruise ship industry. Images of “plague ships” with stranded passengers and crew, many ill with the virus, travelled around the globe.
In The Spotlight, Prime Time’s Timothy Go and Melissa Hyak speak with Angie Stephen, APAC MD & VP of Royal Caribbean International to discuss the state of the cruise industry in 2022 and beyond.See omnystudio.com/listener for privacy information.
8/12/2022 • 6 minutes, 16 seconds
Market View: Working capital of the S&P 1500 companies returned to pre-pandemic levels in 2021, but what does it mean for firms' performance for this year?
According to a recent report by J.P. Morgan, the working capital of the S&P 1500 companies returned in 2021 to levels prior to the COVID-19 outbreak led by a recovery in the global economy. The report also found cash levels amongst corporates reducing last year as firms deploy funds strategically after a period of cash preservation. But how will all that weigh on firms performance for the rest of this year?
On Market View, Prime Time's Finance Presenter Chua Tian Tian spoke with Gourang Shah, Global Advisory Head for Payments at J.P. Morgan, and author of the report for more.See omnystudio.com/listener for privacy information.
8/12/2022 • 16 minutes, 27 seconds
ST: The Big Story, 12 Aug - Couple linked to $32m luxury goods scam faced death threats
The couple allegedly involved in a luxury goods scam, related to undelivered items worth $32 million, were hauled to court on Friday afternoon (Aug 12).
Pi Jiapeng, 26, and his wife, Thai national Pansuk Siriwipa, 27, were each handed two charges of cheating and an additional charge of leaving Singapore illegally.
The couple were arrested at a budget hotel in Skudai, a 20-minute drive from the Causeway, as they were about to check into the hotel at about 11pm on Wednesday.In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with Journalist Nadine Chua to find out more about the details of the case.See omnystudio.com/listener for privacy information.
8/12/2022 • 3 minutes, 28 seconds
The impact of tech and inflation on the MICE industry post-pandemic
As countries move towards Covid-19 endemicity, participation for in-person MICE and business events is expected to grow and hit pre-pandemic levels in the next year or two.
But how will rising inflation, supply chain bottlenecks, and increasing transportation costs of goods moving across international borders impact the MICE industry post-pandemic?Prime Time’s Timothy Go and Melissa Hyak spoke with Gernot Ringling, Managing Director, Messe Dusseldorf Asia to find out more. See omnystudio.com/listener for privacy information.
8/12/2022 • 9 minutes, 59 seconds
Rethinking the way we produce clothes to decarbonize apparel manufacturing
Have you wondered about the environmental cost of a pair of your favourite pair of jeans? In fact, how we make and buy clothes is hurting the planet.
In The Spotlight, Prime TIme’s Timothy Go and Melissa Hyak speak with Edwin Keh, CEO of the Hong Kong Research Institute of Textiles and Apparel, to find out about the fashion crisis and sustainable solutions available to alleviate the environmental implications.See omnystudio.com/listener for privacy information.
8/11/2022 • 10 minutes, 32 seconds
Market View: How should we read into the latest US CPI data, and how will the Federal Reserve move interest rates in September?
The US consumer price index for July came in at 8.5%, better than the 8.7% expected last night. This, contradicting an earlier report indicating that the US labour market added 528,000 jobs in July, more than double of a Dow Jones estimate. So what are the reasons behind the discrepancies? What is the state of the US economy right now, and how will the US Federal Reserve move interest rates when officials meet in September?
On Market View, Prime Time's Finance Presenter Chua Tian Tian spoke with Aninda Mitra, Head of Asia Macro & Investment Strategy of BNY Mellon Investment Management for more.See omnystudio.com/listener for privacy information.
8/11/2022 • 12 minutes, 55 seconds
ST: The Big Story, 11 Aug - Number of homeless people in Singapore fell during pandemic
The number of homeless people in Singapore fell slightly in 2021 despite the Covid-19 pandemic leading to homelessness spiking in many countries as unemployment and poverty rose.
The second nationwide street count of the homeless here found about 1,000 people last year - 7% fewer than the first such count in 2019.In The Straits Times’ The Big Story, Multimedia Journalist Hairianto Dirman spoke with Dr Ng Kok Hoe, a senior research fellow at the Lee Kuan Yew School of Public Policy to find out more about the findings.See omnystudio.com/listener for privacy information.
8/11/2022 • 6 minutes, 36 seconds
The potential and perils of quantum technology in Singapore
Singapore is progressing in terms of developing its quantum safe communication technology, to counter the threat of quantum computing.
In Tech Talk, Prime Time’s Timothy Go and Melissa Hyak speak with Wei Ling Neo, Vice president of Product Management at Fortinet about the potential and perils of quantum technology.See omnystudio.com/listener for privacy information.
8/11/2022 • 11 minutes, 47 seconds
Customer happiness is key to revenue growth, but are brands making them happy?
A Happiness Report by Oracle has revealed that only 1 out of 5 brands have done enough to deliver happiness to the local buyers.
It found that brands that can create fresh experiences for customers and are up to their satisfaction, can achieve higher revenues.
So, why aren’t the rest of the brands doing more?
Prime Time’s Timothy Go and Melissa Hyak speak with Jay Tuseth, Vice President, Applications, ASEAN and General Manager, Customer Experience (CX), Oracle, APAC, to find out more.
See omnystudio.com/listener for privacy information.
8/10/2022 • 10 minutes, 13 seconds
Market View: Opportunities in infrastructure investments
Infrastructure investments have gained increased attention as broader equities weaken in 2022 due to inflation, rising interest rates, global supply chain disruptions from COVID-19 and the war in Ukraine. We’ve also seen equities trading on fast-moving events, making infrastructure’s long-term proposition has been looking more attractive to investors today. But where are the opportunities and potential income benefits for investors in this space?
On Market View today, Financial Presenter Chua Tian Tian spoke with Shane Hurst, Managing Director & Portfolio Manager of ClearBridge Investments, a specialist investment manager of Franklin Templeton, to find out more.
See omnystudio.com/listener for privacy information.
8/10/2022 • 13 minutes, 33 seconds
ST: The Big Story, 10 August - A new virus has emerged in China and infected 35 people there
A new virus, which can be transmitted to humans from animals, has infected 35 people in Shandong and Henan provinces.
That’s according to a study by scientists from China, Singapore and Australia published in the New England Journal of Medicine.
So far, there has been no evidence of human-to-human transmission.
The Henipavirus (also called Langya henipavirus or LayV) was first detected in late 2018 but was formally identified by scientists only last week.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with Dr Zhu Feng, a research fellow from the Emerging Infectious Diseases Programme at Duke-NUS Medical School about the study.
See omnystudio.com/listener for privacy information.
8/10/2022 • 3 minutes, 44 seconds
Should you be asking for a pay raise amid rising inflation?
Globally, the cost of living is rising rapidly in many parts of the world amid high global inflation, and this follows two years of pandemic-related disruption to jobs. Given these uncertainties, should you ask for a pay raise? How then do you navigate this conversation with your employer?
On Career 360, Prime Time's Timothy Go and Melissa Hyak spoke with Adrian Choo, CEO and Founder, Career Agility International to find out.
Highlights of the conversation:
01:40 : How do we know if our salaries are keeping up with inflation?
02:19 : Is salary benchmarking important?
03:11 : Looking for signs that you are underpaid and what to do about it
04:32 : Should employers address salary increases to keep up with inflation?
06:15 : It might be time to bring up inflation to negotiate a raise — here’s how to do it.
See omnystudio.com/listener for privacy information.
8/10/2022 • 9 minutes, 24 seconds
Update on world events - Kenya’s Presidential election and Taiwan versus China’s tension
Kenya will enter presidential elections tomorrow, the tension between China and Taiwan due to US House Speaker Nancy Pelosi’s visit is still on the heat. What to expect and imply from such events? Prime Time’s Timothy Go and Melissa Hyak spoke with Rich Preston, Senior World News Reporter/Presenter, at the BBC to find out more.
See omnystudio.com/listener for privacy information.
8/8/2022 • 11 minutes, 1 second
Market View: What are the overlooked areas in the EV market and why is a Singapore-based startup making electric tuktuks in Cambodia?
When it comes to electric vehicles, many might think along the lines of NIO, BYD and Tesla. Basically, sedan and passenger cars sold at high prices. But did you know that one Singapore-based company is doing just the opposite by rolling out the first e-tuktuks in Cambodia? What are the reasons behind this move, which are the overlooked areas of the EV market, and how soon will the company go public?
On Market View, Prime Time's Finance Presenter Chua Tian Tian posed these questions to Kay Woo, CEO of MVLLABS and ONiON Mobility.See omnystudio.com/listener for privacy information.
8/8/2022 • 14 minutes, 15 seconds
Why is climate finance an urgent issue and how can private companies address this challenge?
Climate change continues to be a growing phenomenon in Asia. One of the key challenges for cities to meet their climate goals is the availability of finance and technical expertise, especially in developing economies.
Now, private companies can work with the Asian Development Bank to fund projects that can help address this.
Prime Time's Timothy Go and Melissa Hyak speak with Cleo Kawawaki, Head of ADB’s Office of Public-Private Partnership to find out why climate finance an urgent issue and how can the private sector partner with ADB to address this growing challenge.See omnystudio.com/listener for privacy information.
8/8/2022 • 9 minutes, 7 seconds
More mid-career workers from other industry switch to jobs in coding market
It is never easy to change one’s career, especially after investing thousands of dollars in university fees to acquire the relevant degree.
But that was what Foong Leung, Head of Operations at Rocket Academy, did. What was the trigger for the switch?
In the Spotlight, Timothy Go and Bharati Jagdish speak with him on his story of quitting hospitality and chasing a coding position.
See omnystudio.com/listener for privacy information.
8/5/2022 • 11 minutes, 39 seconds
Market View: What are the economic consequences of heightened US-China tensions in the longer term?
US House Speaker Nancy Pelosi’s visit to Taiwan sent global markets down earlier this week on fears of further geopolitical tensions between the US and China. But while there had been some moderation in recent days, investors are concerned about the longer-term economic consequences of escalating tensions between the world’s two largest superpowers. So what are these longer-term consequences and how should investors shield themselves from the ongoing volatilities? On Market View, Prime Time's Finance Presenter Chua Tian Tian spoke with Henry Quek, Asia Pacific Head of Global Markets at State Street for more.See omnystudio.com/listener for privacy information.
8/5/2022 • 10 minutes, 13 seconds
ST: The Big Story, 5 Aug - Vaccinated people who were infected this year less likely to develop long Covid
Vaccinated persons in Singapore who had Covid-19 during this recent Omicron wave or the one earlier in the year are much less likely to develop long Covid symptoms.
That’s according to Dr Barnaby Young, head of the Singapore Infectious Disease Clinical Research Network at the National Centre for Infectious Diseases.
In The Straits Times’ The Big Story, Multimedia journalist Cheow Sue-ann speaks with Dr Young to find out what long Covid is, and how common it is in Singapore.See omnystudio.com/listener for privacy information.
8/5/2022 • 5 minutes, 7 seconds
Addressing the shortage of nurses in Singapore
The proportion of nurses in public hospitals who resigned reached a five-year high last year, with 7.4 per cent of local nurses leaving their jobs. The increase was greater for foreign nurses in the public sector, 14.8 per cent of whom left their jobs last year.
Senior Parliamentary Secretary for Health Rahayu Mahzam disclosed these figures in Parliament in response to questions from Mr Louis Ng (Nee Soon GRC) on nurse welfare, workload, salary and resignation rates.
On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish speak with Zakir Hussain, Singapore Editor at The Straits Times to find out how the government aims to address this shortage. See omnystudio.com/listener for privacy information.
8/5/2022 • 7 minutes, 27 seconds
Making smart living accessible as more Singaporeans adopt smart solutions
Since the start of Covid-19 pandemic, smart device usage has been on an increase. In fact, they are believed to be indispensable tools for making daily life more efficient. However, not everyone is adopting such a technological-driven lifestyle due to the high cost of those items.
Habitap One is redefining smart living and encouraging more Singaporeans to adopt smart living solutions by making it more accessible through minimal set-up and low-cost of entry for all.
Prime Time’s Timothy Go and Bharati Jagdish speak with Franklin Tang, Founder & CEO, Habitap to find out more.
See omnystudio.com/listener for privacy information.
8/5/2022 • 13 minutes, 25 seconds
To what extent has consumer behaviour changed due to record-high inflation?
Singapore's core inflation hit its highest level in June, after the rate breached its 4 percent handle since 2008. With uncertain growth of income and increasing living expenses, some segments of society may face greater stress.
How are consumers reacting to investing during these tumultuous times and what concerns do they have?
Prime Time’s Timothy Go and Bharati Jagdish speak with Samuel Rhee, Chairman and Chief Investment Officer, Endowus to find out more.
See omnystudio.com/listener for privacy information.
8/4/2022 • 10 minutes, 25 seconds
Market View: Is this the time to buy into emerging market debt?
Emerging market bonds have been hit by their worst losses of the past decade amid looming rate hikes and the threat of a global recession. Just look at the numbers - the rolling 12-month return of the JP Morgan EMBI Global Diversified was at -21.2% at the end of June. But despite this, some analysts believe that the asset class’ fundamentals remain strong, and that this is the time to buy into emerging market debt. On Market View today, Prime Time's Finance Presenter Chua Tian Tian spoke with Ramon Maronilla, Fixed Income Portfolio Specialist at T. Rowe Price for more.See omnystudio.com/listener for privacy information.
8/4/2022 • 14 minutes, 41 seconds
ST: The Big Story, 4 Aug - China calls current and future action "necessary countermeasures"
The fallout continues from US House Speaker Nancy Pelosi's short but controversial trip to Taiwan.
Earlier today (Aug 4) China’s Foreign Minister Wang Yi called her visit a 'manic, irresponsible and highly irrational' act by the US.
Beijing has said that "measures taken by China at present and in the future are necessary and timely defensive countermeasures".In The Straits Times’ The Big Story, Multimedia journalist Cheow Sue-Ann spoke with Elizabeth Law, ST’s China Correspondent to find out more. See omnystudio.com/listener for privacy information.
8/4/2022 • 5 minutes, 2 seconds
Key technologies to promote Singapore’s green ambitions
In 2021, Singapore unveiled its Green Plan 2030, which the government described as a "whole-of-nation movement to advance Singapore's national agenda on sustainable development."
Now, innovation in renewables plays a key role in Singapore’s journey to a greener goal. What are the key technologies that we can tap on to promote Singapore’s green ambitions?
Prime Time’s Timothy Go and Bharati Jagdish speak with Dr Avishek Kumar, Founder & CEO of VFlowTech to find out more.
See omnystudio.com/listener for privacy information.
8/4/2022 • 11 minutes, 35 seconds
Market View: Which companies are venture capitalists in Southeast Asia putting their money into now?
The private equity scene in Southeast Asia has rebounded from the lows of 2020 to post record growth in deal count last year. The area led growth in the APAC sector with an 81 per cent year-on-year improvement. Market watchers say the PE scene is getting even better with supportive government grants and a healthy inflow of global capital. But where are venture capitalists putting their money into in the meantime? On Market View today, Prime Time's Finance Presenter Chua Tian Tian spoke with Jennifer Ho, Partner, Integra Partners to find out.See omnystudio.com/listener for privacy information.
8/3/2022 • 13 minutes, 26 seconds
Salary Transparency: What are the pros and cons?
A survey has found that the Gen Z workforce is pretty open about sharing their salaries with their peers. Some big companies overseas have also embraced salary transparency, while some remain skeptical.
To weigh the pros and cons, Prime Time’s Timothy Go and Bharati Jagdish speak with Alena Salakhova, Regional Director of STEM-specialist recruiters, SThree to get more insights.
Highlights of the conversation:01:45 : Gen Z workers are shaking things up at the workplace when it comes to pay transparency.
03:03 : How effective is salary transparency in closing the gender wage gap and negotiations?
06:14 : What employers should take note of when hiring millennial and Gen-Zs.
08:20 : Should salary transparency be enshrined in corporate practices in Singapore?
10:27: Ways salary transparency has worked to address biases in the United StatesSee omnystudio.com/listener for privacy information.
8/3/2022 • 11 minutes, 55 seconds
Analyzing the fallout from US House Speaker Nancy Pelosi's visit to Taiwan
After much speculation, US House Speaker Nancy Pelosi landed in Taiwan on Tuesday night, defying Beijing’s threats of retaliation over the visit and raising fears of a military crisis in the Taiwan Strait.
Prime Time’s Timothy Go speaks with Dr Chong Ja Ian, Associate Professor of Political Science at the National University of Singapore for an analysis of the fallout from Mrs Pelosi’s visit to Taiwan.
See omnystudio.com/listener for privacy information.
8/3/2022 • 10 minutes, 58 seconds
Half of cyber security professionals in Singapore are working more hours than ever
As cyber-criminals are getting more sophisticated, companies are putting effort to guard themselves against such threats. However, shortage of manpower in the cybersecurity industry is posing a great challenge on protecting data from cyber crimes. What more can we do to alleviate the cybersecurity manpower crunch? Prime Time’s Timothy Go and Bharati Jagdish speak with David Ng, Country Manager for Singapore at Trend Micro to find out more.
See omnystudio.com/listener for privacy information.
8/3/2022 • 10 minutes, 41 seconds
What is the significance and impact of the highly-anticipated Ethereum Merge?
Finally, after many months of waiting, the Ethereum Merge, the highly anticipated event in the cryptocurrency space this year, is slated to take place mid September. What does this mean? How will it impact investors and will it overtake Bitcoin eventually? Prime Time’s Timothy Go and Bharati Jagdish speak with Daniel Dizon, CEO of Swell Network to find out more.
See omnystudio.com/listener for privacy information.
8/2/2022 • 12 minutes, 4 seconds
Market View: What is the growth outlook for Asia in the rest of this year?
Investors are digesting a number of key macroeconomic developments in Asia. For one thing, China's factory activity expanded at a slower pace in June, with the Caixin China General Manufacturing Purchasing Managers’ Index (PMI) standing at 50.4, down from 51.7 points one month ago. But how should we read into these numbers and what are the implications of these developments? On Market View today, Financial Presenter Chua Tian Tian spoke with John Zhu, Chief Economist Asia of Swiss Re to find out more.
See omnystudio.com/listener for privacy information.
8/2/2022 • 13 minutes, 45 seconds
ST: The Big Story, 2 August - Measures will be implemented to ensure workplace safety for all employees
Workplace fatalities have been on the rise with 31 so far this year, the most over the same period since 2016. Senior Minister of State for Manpower Zaqy Mohamad speaks to The Big Story on workplace fatalities and injuries, and measures that will be put in place to improve the safety of workers.
See omnystudio.com/listener for privacy information.
8/2/2022 • 9 minutes, 22 seconds
Hybrid work actually increases our carbon footprint. How can we tackle it?
It is estimated that the carbon emitted from remote working in the first year of Covid-19 pandemic equals 3 trillion plastic straws. This figure only represents half of the conglomerates taking the survey. However, working from home also helped reduce the emissions due to reduced commuting and office use.Yet, hybrid work is on the rise means an increase in emission is expected. Some offices are now running at full capacity while some only allow half of the team to return.
Prime Time’s Timothy Go and Bharati Jagdish speak with Kenny Chai, Founder and CEO of Beblu to find out more.
See omnystudio.com/listener for privacy information.
8/2/2022 • 7 minutes, 58 seconds
What is the significance of US House Speaker Nancy Pelosi’s visit to Asia?
US House Speaker Nancy Pelosi kicks off her tour of Asia this week, with a controversial stop in Taiwan. How will China react? What are the implications? Prime Time’s Timothy Go and Bharati Jagdish speak with Rich Preston, Senior World News Reporter / Presenter, at the BBC to find out more.
See omnystudio.com/listener for privacy information.
8/1/2022 • 9 minutes, 43 seconds
Market View: Have wages caught up with inflation in Singapore, and how should people here manage their money in the meantime?
Last week, we saw Singapore’s core inflation hitting 4.4 per cent in June - the highest level since the global financial crisis. But have wages caught up with price increases? Which are the groups that are most vulnerable to high inflation, and how should the man in the street manage their money in the meantime? Well, DBS released a report that addresses just that. On Market View today, Financial Presenter Chua Tian Tian spoke with Irvin Seah, DBS to find out more.See omnystudio.com/listener for privacy information.
8/1/2022 • 11 minutes, 9 seconds
How should organizations act in a ransomware attack & avoid becoming the next victim?
Ransom attacks have been rising in Singapore for the past few years. There is a 133% increase in Singapore-based companies being mentioned on leak sites with the financial sector under the greatest risk. Prime Time’s Timothy Go and Bharati Jagdish speak with Teo Xiang Zheng, Head of Advisory at Ensign InfoSecurity to find out more.
See omnystudio.com/listener for privacy information.
8/1/2022 • 13 minutes, 30 seconds
A hole-in-wall coffee pickup station that has gone viral
A new home-based coffee place, serving customers through a little window of a flat, is barely one month old but has gone viral. What is the motivation behind this business venture? Prime Time’s Timothy Go speaks with the owner of Ground Floor Coffee, Muhammad Adhwa Hasif to find out more. See omnystudio.com/listener for privacy information.
7/29/2022 • 9 minutes, 6 seconds
ST: The Big Story, 29 July - With the current inflation rate, rise in wages are unavoidable
In an exclusive interview with The Big Story’s Multimedia journalist Hairianto Dirman, Manpower Minister Tan See Leng said higher wages are inevitable amid surging inflation, and companies here need to find ways of competing other than on low labour costs.
Meanwhile, Singapore’s job market continued its recovery in the second quarter of this year but global headwinds, such as rising inflation, the Russian-Ukraine conflict and a resurgence of Covid-19 infections in major economies including China, may dampen labour demand.
According to advance estimates released by the Ministry of Manpower, resident employment has surpassed pre-Covid-19 levels by around 4 per cent since December last year and will likely see subdued growth due to the improving unemployment situation.See omnystudio.com/listener for privacy information.
7/29/2022 • 7 minutes, 6 seconds
What to expect from local suburban malls after the plan of making JCube as a mixed-use complex
Clarke Quay is expected to recover S$62 million lost in the later of this year with the current vibrant nightlife, and even daytime life. At the same time, Jurong East mall JCube is going to be transformed into a mixed-use residential development.
On SGExtra, Prime Time’s Timothy Go speaks with Ng Keng Gene, Journalist, The Straits Times to find out more. See omnystudio.com/listener for privacy information.
7/29/2022 • 6 minutes, 10 seconds
How can organisations adopt a proactive approach to their supply chain operations?
It is undeniable that Covid-19 places a heavy burden on the global supply chain. So far, strategies brought up by operators are only able to tackle part of the challenges. With the current tension in Ukraine, it is expected that the global supply chain crisis is nowhere near.
Prime Time’s Timothy Go speaks with Cas Brentjens, Vice President, Infor Supply Chain Management, Asia Pacific & Japan to find out more. See omnystudio.com/listener for privacy information.
7/29/2022 • 8 minutes, 27 seconds
What is the possible outlook for the financial sector in the era of industry’s digital transformation?
More digital tools are being made to enhance the strength of the financial sector which is known to be part of the financial services’ transformation. What are the challenges that young startups are facing and how such new tools can assist the new businesses?
Prime Time’s Timothy Go and Bharati Jagdish speak with Colin Pok, CTO and Co-Founder of GoalsMapper to find out more.
See omnystudio.com/listener for privacy information.
7/29/2022 • 11 minutes, 26 seconds
What should business owners focus on in the era of online fashion?
SHOPLINE, a platform helping companies build up their powerful retail experiences, provides merchants with solutions to customise their e-commerce websites. Recently, it released a paper reviewing the fashion in the e-commerce sector of Singapore in 2022.
Prime Time’s Timothy Go and Bharati Jagdish speak with Joshua Qiao, Global General Manager at SHOPLINE to find out more.
See omnystudio.com/listener for privacy information.
7/28/2022 • 9 minutes, 59 seconds
Market View: What are some market trends and trading behaviour of retail investors, and how have they reacted to the US Federal Reserve's rate hike?
Digital brokerage and wealth management platform Moomoo Financial has released a white paper that looks into key market trends and trading behaviour of retail investors in Singapore, Hong Kong and the United States. What are some of the key findings, and how have retail investors reacted to the US Federal Reserve's latest rate hike? On Market View today, Prime Time's Finance Presenter Chua Tian Tian spoke with Gavin Chia, Managing Director at Futu Singapore for more.See omnystudio.com/listener for privacy information.
7/28/2022 • 10 minutes, 11 seconds
ST: The Big Story, 28 July - GlaxoSmithKline’s ex-employee is suing the company for retrenchment
A GlaxoSmithKline employee, who was retrenched on grounds of redundancy, is suing the pharmaceutical company for about $1.35 million, arguing he was not considered for various roles within the company.
The trial started this week.
On The Big Story, Multimedia correspondent, Hairianto Diman spoke with Justin Chan, a senior partner at law firm Tito Isaac & Co, to discuss the compensation a retrenched employee can claim and the situations in which retrenched employees can file a lawsuit against a company.
See omnystudio.com/listener for privacy information.
7/28/2022 • 4 minutes, 33 seconds
Will “buy now, pay later” be a smart scheme of financial management or a blind spot of the lender?
“Buy now, pay later” - a payment scheme that allows consumers to purchase goods over time with interest-free instalments, has become increasingly popular.
With such a growing trend, the sector is expected to reach USD$3 billion in 2028.
But the question is : is BNPL a good scheme for money management?
Prime Time’s Timothy Go and Bharati Jagdish speak with Tan Siew Lee, Head of Wealth Management, OCBC to find out more.
Highlights of the conversation:
01:28 : Why BNPL is a fast growing market now
03:28 : Concerns about BNPL such as technical issues with payments and impulsive purchases
04:41 : How banks can protect themselves against default payments
06:19 : Industry-wide of conduct to safeguard consumers
See omnystudio.com/listener for privacy information.
7/27/2022 • 10 minutes, 28 seconds
Market View: What is the outlook for S-Reits for the rest of this year?
Most of Singapore-listed real estate investment trusts or S-Reits are scheduled to announce their latest quarterly results for the period ended June over the next couple of weeks. But while the market narrative couldn't be more positive with the easing of pandemic restrictions, we're also seeing new COVID-19 variants and rising interest rates weighing on companies. So what is the overall outlook for S-Reits for the rest of this year? On Market View today, Financial Presenter Chua Tian Tian spoke with Kum Soek Ching Director, Head of Southeast Asia Research, Wealth Management, Credit Suisse to find out more.
See omnystudio.com/listener for privacy information.
7/27/2022 • 9 minutes, 46 seconds
ST: The Big Story, 27 July - Zafrul Aziz, Malaysia’s Finance Minister, will be a treasurer of Selangor Barisan Nasional
Malaysia’s Finance Minister Zafrul Aziz will be appointed treasurer of Selangor Barisan Nasional at a ceremony graced by the Umno-led coalition’s top state leaders on Sunday, confirming months of rumours that he is being groomed to be among the next generation of leaders for Malaysia’s grand old party.
On the Straits Times The Big Story, multimedia correspondent Hairianto Diman spoke to Malaysia bureau chief Shannon Teoh to find out more.
See omnystudio.com/listener for privacy information.
7/27/2022 • 4 minutes, 1 second
More women creating their own opportunities through entrepreneurship
New LinkedIn data has shown that more women are creating their own opportunities through entrepreneurship. On Career 360, Prime Time’s Timothy Go and Bharati Jagdish speak with Chua Pei Ying, LinkedIn’s APAC Lead Economist for more insights on why gender gaps have contributed to this growth in recent years.
See omnystudio.com/listener for privacy information.
7/27/2022 • 13 minutes, 31 seconds
What more needs to be done to safeguard the customers from digital banking scams?
1 out of 2 phishing scams in Singapore in April this year is finance-related, in fact, it is 51.6% to be exact.Authorities said more measures are needed to protect users from scams.
Prime Time’s Bharati Jagdish spoke with Yeo Siang Tiong, General Manager for Southeast Asia, Kaspersky to find out more. See omnystudio.com/listener for privacy information.
7/26/2022 • 15 minutes, 39 seconds
Market View: A quick lookahead into a week packed with earning reports and economic data releases
It’s going to be an extremely busy week for investors particularly those in the US. For one thing, US Federal Reserve officials are set to meet later today and tomorrow to decide how its going to move interest rates to quell red hot prices. About one third of the S&P 500’s companies are also due to report earnings this week. There’s just so much to look forward to - but which companies should we focus on, and how are markets preparing ahead of the incoming data? On Market View today, Financial Presenter Chua Tian Tian spoke with Shawn Cruz, Head Trading Strategist, TD Ameritrade to find out more.
See omnystudio.com/listener for privacy information.
7/26/2022 • 14 minutes, 36 seconds
ST: The Big Story, 26 July - What are the medal chances for Singapore’s team at the Asean Para Games?
Singapore’s para teams will join the Asean Para Games from July 30 to August 6 in Indonesia. What are the chances for the team at the upcoming games? On the Straits Times The Big Story, multimedia correspondent Hairianto Diman spoke to Journalist Laura Chia to find out more. See omnystudio.com/listener for privacy information.
7/26/2022 • 2 minutes, 23 seconds
What is happening now all around the world?
Rishi Sunak, a candidate for the UK next prime minister, vowed to be tougher on China if he is elected. Emmanuel Macron, French president, is on his trip to Africa and the world biggest naval war games are on the progress.
Prime Time’s Timothy Go and Bharati Jagdish spoke with Rich Preston, Senior World News Reporter / Presenter, at the BBC to find out more about such top headlines this week.
See omnystudio.com/listener for privacy information.
7/25/2022 • 12 minutes, 57 seconds
Market View: China’s effort of achieving economic growth while maintaining its zero-Covid stance.
The Asian Development Bank has cut its growth forecast for China, what does that mean? How has zero-Covid strategy affected China’s economy? And, what strategies lawmakers are aiming at to help the country reach its target this year?
On Market View today, Bharati Jagdish spoke with Aidan Yao, Senior Emerging Asia Economist, AXA Investment Managers to find out more. See omnystudio.com/listener for privacy information.
7/25/2022 • 9 minutes, 48 seconds
ST: The Big Story, 25 July - Singapore has detected 8 cases of monkeypox so far
Two more cases of monkeypox were reported on Sunday (July 24), with one a 46-year-old man from Estonia and the other a 26-year-old Singaporean man. This brings the total number of cases detected here to eight, comprising four local and four imported cases. None have been linked to one another.
On the Straits Times The Big Story, multimedia correspondent Hairianto Diman spoke to Professor Dale Fisher, Infectious disease expert from the National University of Singapore and Professor Roy Chan, Senior Consultant and Medical Advisor in the National Skin Centre for more insights.
See omnystudio.com/listener for privacy information.
7/25/2022 • 3 minutes, 33 seconds
How to address the green talent gap in Singapore
Sustainability remains the main concern on boardroom agendas in the post-pandemic economy. In Singapore, the demand for technical and business-related green skills is on the rise. To address the issue of lacking employees with such skills, scholarships for sustainability programs in NUS and SMU will be administered.
On Prime’s Time, Timothy Go and Bharati Jagdish speak with Yee May Leong, Managing Director, Equinix South Asia to share more.
See omnystudio.com/listener for privacy information.
7/25/2022 • 12 minutes, 12 seconds
Initiative and growth of a Hawkers Collective programme helps passing hawkers’ legacies to younger Singaporean residents.
Unlike the first generation of hawker stalls’ holders, the recent next-generation of hawkers can be trained bankers, lawyers, engineers and more who are leaving their industries and taking over the stalls from their families with great passion for food. To better assist such aspiring stall owners, a Hawkers Collective programme was launched in mid-2021 aiming at training newcomers of this business.
Prime Time’s Timothy Go and Bharati Jagdish spoke with Soh Guan Kiat, Franchise Manager, Kiosks Collective and Daniel Ang, Hawkers Collective Programme Participant to find out more. See omnystudio.com/listener for privacy information.
7/22/2022 • 15 minutes, 34 seconds
Market View: The return of aviation industry in post-pandemic is slow but surely recovering
With the increasing number of passengers transiting in Singapore, the country has retained its status as Asia-Pacific’s transit hub. Although the current international air travel to APAC in November and December only accounts for 83% of the pre-pandemic period, Singapore has reached the top tally, reported by ForwardKeys.
On Market View today, Bharati Jagdish spoke with Shukor Yusof, Founder, Endau Analytics to find out more. See omnystudio.com/listener for privacy information.
7/22/2022 • 12 minutes, 6 seconds
More than 70 artefacts and stories about Singapore’s first generation of leaders have been made public sharing the country's memories of the early days
When it opens in 2027, it will feature stories on values exemplified by the late Mr Lee Kuan Yew and Singapore’s first generation of leaders, and other key personalities who have played important roles in the Singapore story.
On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Clement Yong, Journalist/Writer at the Straits Times to find out more. See omnystudio.com/listener for privacy information.
7/22/2022 • 4 minutes, 27 seconds
Daily housing affordability, changing work-life attitudes and digitalisations are replacing Covid-19 as Singaporeans’ top concern.
Local residents seem to pay less attention on Covid-19 related news although it was a top concern in the past two years. Optimistic about the road ahead the country is, attitudes towards issues like expensive living standards in an uncertain global economy have been on a rise.
In Prime’s Time, Timothy Go and Bharati Jagdish spoke with David Black, Founder and CEO of Blackbox Research to find out more.
See omnystudio.com/listener for privacy information.
7/22/2022 • 11 minutes, 6 seconds
Are robots the answer to workforce shortages?
Robotics is acknowledged as highly related to Singapore and other economies with the rise of ageing population and decline in workforce. Deputy Prime Minister Heng Swee Keat said that companies can potentially function better with automation and robotics amid workforce shortages.
Prime Time’s Timothy Go and Bharati Jagdish spoke with Ling Ting Ming, founder and Chief Executive Officer, Otsaw to find out more. See omnystudio.com/listener for privacy information.
7/21/2022 • 9 minutes, 30 seconds
Market View: How business will be conducted via Metaverse
More and more users are placing their bets on Metaverse, a virtual world using virtual reality, augmented reality, AI social media and digital currency to mimic the real world. Some banks are trying to carve first advantage by creating their own space in the metaverse.
On Market View today, Bharati Jagdish spoke with Sachin Mittal, Head of telecom, media and technology research at DBS to find out more.
See omnystudio.com/listener for privacy information.
7/21/2022 • 14 minutes, 11 seconds
How DeFi and Web 3.0 will shape the future of finance
Major disruptions of the internet have occurred offering read-only, static content at its inception to much more dynamic, interactive, and decentralised experience now. Innovations in decentralised finance, blockchain, cryptocurrencies of Web 3.0 are developing to solve the problems in the industry.
In Prime’s Time, Timothy Go and Bharati Jagdish spoke with Joyce A. Tan, Managing Director, Joyce A. Tan & Partners LLC, and panel moderator at TechLaw.Fest 2022 to find out more.
See omnystudio.com/listener for privacy information.
7/21/2022 • 12 minutes, 42 seconds
Do Neobanks have a future?
Neobanks are one of the common technological advancements creating convenience in financial services. This breakthrough has gained prominence in the fintech community. However, these new types of banks have been struggling to turn a profit with only a mere 5% of the world's reported 400 digitals banks breaking even.
Prime Time’s Timothy Go and Bharati Jagdish spoke with Dr Silvio Struebi, Managing Partner, Hong Kong and Christoph Stegmeier, Global Head of Digital Banking at Simon Kucher to find out more. See omnystudio.com/listener for privacy information.
7/20/2022 • 13 minutes, 21 seconds
Market View: MAS expects that inflation will be easing in 2023
MAS is expecting inflation to be cooling down in 2023 while remaining above 1.5 percent since 2000. What can be foreseen in 2023 with the strength of Singapore dollars? Within today, suppliers of real estate developers in China are refusing to pay back loans because of the unpaid bills. el of dividends and the assessment of the whole market in Singapore will be looked into.
On Market View today, Bharati Jagdish spoke with Audrey Goh, Head of Asset Allocation and Thematic Strategy, Standard Chartered Wealth Management to find out more. See omnystudio.com/listener for privacy information.
7/20/2022 • 7 minutes, 30 seconds
ST: The Big Story, 20 July - Will Sri Lanka's new president, Ranil Wickremesinghe, be able to pull the country out of the current crisis?
Will Sri Lankans accept their new president, Ranil Wickremesinghe?
Lawmakers voted in the eighth executive president under the constitution today, in the hope that the 73-year-old would pull the country out of a crippling economic and political crisis.
On the Straits Times The Big Story, Assistant Video Editor, Olivia Quay spoke to correspondent Rohini Mohan on the appointment.
See omnystudio.com/listener for privacy information.
7/20/2022 • 4 minutes, 53 seconds
What's next for Sri Lanka with newly voted President, Ranil Wickremesinghe?
Sri Lankan lawmakers voted acting President Ranil Wickremesinghe as the new president today. Will the new president be able to pull the nation out of this current political and economic crisis is among the top concerns now.
On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Dr Chulanee Attanayake, Research Fellow at the Institute of South Asian Studies at NUS to find out more. See omnystudio.com/listener for privacy information.
7/20/2022 • 8 minutes, 6 seconds
It's going to take more than money to attract talents
More Singapore employees are attracted to companies that can offer high salaries and benefits. However, in reality, job seekers are keen on more than a base salary.
In Prime’s Time, Timothy Go and Bharati Jagdish spoke with Jaya Dass, Managing Director for Randstad Malaysia and Singapore to find out more. See omnystudio.com/listener for privacy information.
7/20/2022 • 11 minutes, 1 second
Guarding Singaporeans against phone scams
Despite efforts to clamp down on scams in Singapore, residents here are still at high risk of phone scams. In fact, a recent survey commissioned by cloud communications company, Toku, found that out of the 1,000 respondents in Singapore, 75% have actually answered a scam call recently.
In The Spotlight, Prime Time's Timothy Go and Bharati Jagdish spoke with Thomas Laboulle, Founder and CEO of Toku to find out more about the evolving nature of phone scams and how to spot them.
Highlights of the conversation:
02:18 : Ways scam calls are evolving so quickly
04:03 : Why people are still falling victim to scam calls
07:53 : Toku's partnership with foodpanda
09:07 : How far can technology go in preventing phone scams
See omnystudio.com/listener for privacy information.
7/19/2022 • 12 minutes, 54 seconds
Market View: What can investors do amid the current volatilities?
The Central Bank’s approach to handle inflation is still the top concern of investors this week. Searching for stocks that produce a good level of dividends and the assessment of the whole market in Singapore will be looked into.
On Market View today, Chua Tian Tian continues her conversation with David Kuo, Co-founder The Smart Investor to find out more. See omnystudio.com/listener for privacy information.
7/19/2022 • 10 minutes, 38 seconds
Office rent is expected to grow for the entire year due to the return-to-office momentum
Hybrid working mode has become a stronger trend for companies across the world. This norm has grown larger among multinational corporations in the financial and technology sectors. With the increasing number of returning-to-office workers, demand for offices will also rise higher.
In Prime’s Time, Timothy Go and Bharati Jagdish spoke with Wong Xian Yang, Head of Research, Singapore, Cushman & Wakefield to find out more. See omnystudio.com/listener for privacy information.
7/19/2022 • 11 minutes, 22 seconds
What is happening in Europe now?
Heatwave strikes in Europe, UK in the mid of choosing the next prime minister are one of the noticeable news in Europe now. Prime Time’s Timothy Go and Bharati Jagdish spoke with Rich Preston, Senior World News Reporter / Presenter, BBC to find out more. See omnystudio.com/listener for privacy information.
7/18/2022 • 11 minutes
Market View: What can expect from the market this week after the meeting of the European Central Bank?
Singapore saw a slow growth of non-oil export by nine percent last month. Besides, the ECB meeting this coming Thursday with an expectation of raising lending rates is also being looked forward to. In Market View, Prime Time’s Timothy Go and Bharati Jagdish spoke with Song Seng Wun, Economist at CIMB Private Banking to find out more. See omnystudio.com/listener for privacy information.
7/18/2022 • 13 minutes, 15 seconds
ST: The Big Story, 18 July - 10 ART kits will be distributed to each household in Singapore from Monday 18 July.
Every household in Singapore will get a set of 10 antigen rapid test kits in their letterboxes as the third round of distribution kicked off on Monday (Jul 18), as the country rides through another wave of Covid-19 infections.
In the Straits Times The Big Story, Multimedia Correspondent, Cheow Sue-Ann spoke to Dr Elly Sabrina, family physician and director of Banyan Clinic in Woodlands, on whether her clinic is seeing more Covid-19 patients and the symptoms they are exhibiting.
See omnystudio.com/listener for privacy information.
7/18/2022 • 4 minutes, 41 seconds
The majority of freelancers are reactive to mental health difficulties instead of taking measures to prevent them.
Being a freelancer brings up different benefits in terms of flexible working hours. However, challenges in this working mode are unique related to mental health. One tenth of freelance workers admit not taking time-off in the past 12 months, adding to their vulnerable mentality. Sadly, in immature sectors, these issues are hardly addressed.
In Prime’s Time, Timothy Go and Bharati Jagdish spoke with Anurag Bhalla, Managing Director and co-founder of Outsized to find out more.
See omnystudio.com/listener for privacy information.
7/18/2022 • 11 minutes, 3 seconds
Market View: How to invest in a bear market, and what are the implications of recent rate hikes by central banks around the world?
Around the world, policymakers in New Zealand, Canada, South Korea and Philippines have all announced rate hikes over the past week, fanning fears that policymakers could go too far and tip leading economies into a recession. Back home, the Monetary Authority of Singapore has made a surprise off cycle move to tighten its monetary policy, or put simply to strengthen the Singapore dollar and reduce imported inflation. What are the implications of these developments on global markets? And how should we invest in a bear market? In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke posed these questions to David Kuo, Co-Founder of The Smart Investor.
See omnystudio.com/listener for privacy information.
7/15/2022 • 10 minutes, 55 seconds
ST: The Big Story, 15 July - Sri Lanka will hold a vote for new president on 20 July 2022.
Sri Lanka's Prime Minister Ranil Wickremesinghe was sworn in as the country's acting president today, with voting for the next president in parliament scheduled for July 20.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with Dr Chulanee Attanayake from the Institute of South Asian Studies at NUS to weigh in on the developments.See omnystudio.com/listener for privacy information.
7/15/2022 • 5 minutes, 13 seconds
Singapore residents are worried about possible hike in living expense since the country is planning to raise its GST
According to the country’s control of Covid-19, Singapore is expected to be well-prepared for any coming pandemic. A study by Institute of Policy Studies revealed that cost of living including healthcare, utilities and food is among the top concerns of the residents since the country moves on from the pandemic.
On SGExtra, Prime Time’s Timothy Go spoke with Goh Yan Han, Political Correspondent at the Straits Times to find out more.
See omnystudio.com/listener for privacy information.
7/15/2022 • 6 minutes, 30 seconds
With a strike of Omicron sub-variants, Covid-19 pandemic is not expected to go away anytime soon
Omicron sub-variants BA.4 and BA.5 occupied 50-percent of Covid-19 cases reported in Singapore last Tuesday. On Wednesday, the number of infected individuals tripled. WHO is giving out warnings that this pandemic is not expected to end anytime soon in the near future.
In Prime’s Time, Timothy Go spoke with Dr Leong Hoe Nam, an infectious disease specialist at Mount Elizabeth Novena Hospital to find out more. See omnystudio.com/listener for privacy information.
7/15/2022 • 14 minutes, 7 seconds
Younger local residents are more fascinated in ESG investment compared to the older generations.
Environmental, Social and Governance (EGS) investment strategies have progressed from fringe concerns to a core pillar of the industry. A picture of generational shift in attitudes to ESG investment is clearly painted. Prime Time’s Timothy Go spoke with Sylvia Chen, Senior Sustainable Officer, Amundi to find out more. See omnystudio.com/listener for privacy information.
7/14/2022 • 12 minutes, 19 seconds
Market View: A look at how the ASEAN region is dealing with inflationary pressures
Central banks around the ASEAN region are working to quell inflationary pressures. At home, the Monetary Authority of Singapore announced hours ago that it would re-centre the mid-point of the Singapore dollar nominal effective exchange rate or (S$NEER) policy band in a surprise off-cycle move after raising its full-year core inflation forecasts by 0.5 per cent to between 3 and 4 per cent. And earlier we saw Indonesia’s headline inflation for June spiked to a 5 year high of 4.4 per cent on-year, breaching Bank Indonesia’s 4 per cent target upper-bound. To what extent will central banks move to rein in soaring prices dampen growth? And what's the economic outlook for ASEAN? In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Suan Teck Kin, Head of Research at UOB for a detailed overview of the region.
See omnystudio.com/listener for privacy information.
7/14/2022 • 15 minutes, 54 seconds
ST: The Big Story, 14 July - MAS is tightening its policy to strengthen the country’s currency amid the global inflation
The Singapore economy grew slower than expected in the second quarter this year, indicating weakening global and domestic demand for goods and services amid surging inflation.
Meanwhile, the Monetary Authority of Singapore further tightened its policy stance, making room for a stronger Singapore dollar to douse the impact of rising global prices as it raised inflation forecasts for this year.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with Senior economist at DBS Irvin Seah to weigh in on the developments.
See omnystudio.com/listener for privacy information.
7/14/2022 • 6 minutes, 4 seconds
What should investors take note of in the midst of the “crypto winter”?
There has been a great crash of cryptocurrency this year with vulnerable digital currency market amid a global economy’s wider problems. This downturn has claimed the arrival of a “crypto winter”.
On SGExtra, Prime Time’s Timothy Go spoke with Brian Fernandez, Managing Director & Co-Founder of Biztech.asia to find out more.
See omnystudio.com/listener for privacy information.
7/14/2022 • 7 minutes, 31 seconds
How can employers better attract and retain talent in the hybrid work environment?
It is reported that Singapore is facing the highest shortage of talents in 16 years. A large number of local professionals are expecting to resign from their current jobs this year, chasing for better work-life balance. Coupled with the challenges of remote and hybrid work practices stemming from the pandemic, what can employers do to better attract and retain talent?
On Prime Time, host Timothy Go spoke with Karen Ng, Regional Head of Expansion & Market Lead Hong Kong, Singapore, ASEAN, India at Deel to find out more.
Highlights of the conversation:
1:00 : Challenges in hiring the right talent posed by remote work model
2:40 : Why are businesses open to hiring remotely?
4:58 : How does Deel help in the retention of remote workers?
7:21 : How long does Deel stay with the companies throughout the service?See omnystudio.com/listener for privacy information.
7/14/2022 • 10 minutes, 23 seconds
4Day Work Week vs Flexible work arrangement : what do Singaporeans want?
4Day Work week or Flexible working arrangements or both?
What do Singaporeans really want?
What are the advantages and disadvantages of the different working models? Prime Time’s Timothy Go spoke with Lauren Huntington, Employee Experience Solution Strategist for Southeast Asia, Qualtrics to find out more. See omnystudio.com/listener for privacy information.
7/13/2022 • 11 minutes, 35 seconds
Market View: How have gold prices reacted to the US and Britain's moves to ban newly mined and refined gold from Russia?
It’s been just two weeks since the US, Britain and their allies decided to notch up the wave of sanctions on Russia to ban the purchase of newly mined and refined gold from the country. But with Russia being the world’s second largest producer of gold, how have gold prices reacted to the news so far, and what does this mean for the prices of gold in the longer term? In Market View, Prime Time's Finance Presenter Chua Tian Tian spoke with Robin Tsui, APAC Gold Strategist at State Street SPDR ETFs to find out. See omnystudio.com/listener for privacy information.
7/13/2022 • 11 minutes, 17 seconds
Digital threat is rising along side the emergence of digital economy and how to protect personal data from such fraud
The onset of the COVID-19 pandemic saw a dramatic increase in consumer demand for online channels, accelerating the paradigm shift towards a digital economy and further fostering the growth of various forms of online fraud attacks and risks. Prime Time’s Timothy Go spoke with Kenneth Koh, Head of Industry Consulting APJ, SAS to find out more.See omnystudio.com/listener for privacy information.
7/12/2022 • 10 minutes, 15 seconds
Market View: Where are the longer term opportunities for Temasek?
A record year for Singapore’s state investor Temasek Holdings - which had just completed a review of their previous fiscal year. Net Portfolio Value went up by S$22 billion from the previous year and crossed the S$400 billion mark for the first time, with a 1-year total shareholder return (TSR) of 5.8 per cent. We also saw Temasek making several moves to better tap structural trends and better position for the long-term. So what are some of the opportunities that lie ahead? In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Russell Tham, Joint Head of Enterprise Development Group (Singapore),and Head of Strategic Development at Temasek International to find out.
See omnystudio.com/listener for privacy information.
7/12/2022 • 11 minutes, 36 seconds
ST: The Big Story, 12 July - Temasek portfolio hits record high, driven by Singapore investments
Singapore replaced China as the top investment destination for Temasek in its last financial year, when the value of its net portfolio surged to a record high of $403 billion despite volatile market conditions.
In The Straits Times’ The Big Story, Multimedia Journalist Hairianto Dirman spoke with Rohit Sipahimalani, Temasek's chief investment officer, about the investor's performance.See omnystudio.com/listener for privacy information.
7/12/2022 • 4 minutes, 56 seconds
What rising interest rates and property prices mean for homebuyers here
Home owners here will face higher mortgage repayment since interest rates have been continuously raised by banks. Lenders are following the US Federal Reserve making three rate hikes this year to address the upsurge of inflation. In Powering Your Property, Prime Time's Timothy Go spoke with Nicholas Mak, Head of Research & Consultancy, ERA Real Estate to find out where mortgage rates in Singapore are headed and what homeowners should do.
See omnystudio.com/listener for privacy information.
7/12/2022 • 10 minutes, 25 seconds
It is not likely for Singapore to enter an economy downturn
Day after day, more analysts are pessimistic about the U.S economy which shows no sign of upturn. Concurrently, European countries are facing the same recession confirmed by the region's Central Bank. However, Minister Alvin Tan holds no expectation that Singapore will be in the same scenario as the world is.
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Laurent Bertrand, CEO and Co-Founder of BetterTradeOff to find out more.
See omnystudio.com/listener for privacy information.
7/8/2022 • 10 minutes, 33 seconds
Market View: How should investors maintain the resilience of their portfolios?
While key macroeconomic issues such as soaring inflation and interest rate hikes around the world continue to weigh on investors this year, some investors are taking advantage of the ongoing market volatilities to strengthen their portfolios. For one thing, billionaire Warren Buffet has taken the advantage of the ongoing opportunity to add several major positions. Is this an effective way for other investors to follow, and how should investors better position their portfolios for the future? In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Jean-Louis Nakamura, Chief Investment Officer, Asia-Pacific at Lombard Odier to find out more.
See omnystudio.com/listener for privacy information.
7/8/2022 • 13 minutes, 16 seconds
Updates on birth and death rates with the influence of Covid-19 pandemic
Covid-19 has placed a huge impact on the death toll figure and even the birth rate in Singapore. Along with the rising number of deaths, there is a slight increase in the number of babies being born.
On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Theresa Tan, Senior Social Affairs Correspondent, The Straits Times to find out more. See omnystudio.com/listener for privacy information.
7/8/2022 • 6 minutes, 27 seconds
What is the possible outlook for the housing market with the non-stop price soaring?
HDB flats resale prices keep climbing up for the past 2 years. In particular, it inched up to million dollars last month. Prime Time’s Timothy Go and Bharati Jagdish spoke with Wong Siew Ying, Head of Research and Content, Propnex Realty to find out more. See omnystudio.com/listener for privacy information.
7/8/2022 • 11 minutes, 52 seconds
Vibrancy of tourism is returning in Southeast Asia
After two years of border controls, finally, Southeast Asia can bring back the dynamic travelling vibe of the old days. Major economies of the region are experiencing groups of tourists coming. In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Yap Chin Siang, Deputy Chief Executive, Singapore Tourism Board to find out more. See omnystudio.com/listener for privacy information.
7/7/2022 • 12 minutes, 30 seconds
Market View: Deep diving into minutes from the US Federal Reserve's June meeting and key developments in Europe
Investors continue to assess the possibility of a recession after minutes from the Federal Reserve’s June meeting signalled that the central bank is likely to remain hawkish in its next policy move. Elsewhere, accounts of the European Central Bank's monetary policy discussion are also set to influence market sentiments this week. In Market View, Prime Time’s Finance Presenter Chua Tian Tian finds out what next in the regions with Dr Pradeep Philip, Head of Deloitte Access Economics. See omnystudio.com/listener for privacy information.
7/7/2022 • 13 minutes, 42 seconds
ST: The Big Story, 7 July - The first local case of monkeypox infection in Singapore
The Ministry of Health has confirmed the first local case of monkeypox infection in Singapore. The patient is a 45-year-old male Malaysian national who resides in Singapore.
In The Straits Times' The Big Story, Multimedia journalist Hairianto Dirman spoke with Professor Dale Fisher back, a senior consultant in infectious diseases at the National University Hospital about this development. Prof Fisher is also part of The World Health Organisation's Global Outbreak Alert and Response Network.
See omnystudio.com/listener for privacy information.
7/7/2022 • 5 minutes, 1 second
DIS - Effort to secure Singapore from digital threat
The creation of the Digital and Intelligence Service was announced early this year with the aim of protecting the country from digital threats. Intelligence, cyber and psychological defence will be the main function of DIS. Prime Time’s Timothy Go and Bharati Jagdish spoke with Thales Group Chairman CEO Patrice Caine in Paris to find out more.
See omnystudio.com/listener for privacy information.
7/7/2022 • 9 minutes, 22 seconds
How to turn house-renovation from a nightmare to a satisfying experience?
Most homeowners tend to renovate their house with different designs and concepts. However, not all owners are successful in doing so, which ends up with unpleasant experiences. In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Jon Ho, co-founder of Homeez to find out more. See omnystudio.com/listener for privacy information.
7/6/2022 • 12 minutes, 9 seconds
Market View: Key trends and opportunities in the private equity scene
Private equity firms have enjoyed their most active year in history with over US$1.2 trillion in deals announced last year. But while market activity has slowed amid macroeconomic uncertainties, analysts say that the private equity scene remains robust. In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Luke Pais, Asia-Pacific Private Equity Leader at EY to find out the opportunities and trends that lie ahead.See omnystudio.com/listener for privacy information.
7/6/2022 • 12 minutes, 55 seconds
ST: The Big Story, 6 July - Disruption of Thomson-East Coast Line’s service
Train service has resumed on the Thomson-East Coast Line (TEL), after a signal fault disrupted commutes along the entire line in both directions. SMRT had first reported the signal fault and said trains on the line were moving slower. The service along the entire TEL - Singapore's newest rail line - stopped shortly after that in both directions.
In The Straits Times The Big Story, Multimedia journalist Hairianto Dirman spoke with Christopher Tan, Senior Transport Correspondent to find out more.See omnystudio.com/listener for privacy information.
7/6/2022 • 4 minutes, 27 seconds
Overworked and underpaid: Singapore's architecture industry under the pressure to transform
Singapore’s architecture industry is facing an increasing shortage of newcomers. Long working hours with insignificant pay is one of the main issues that discourage fresh graduates from staying in the profession in the long run.
Prime Time’s Timothy Go and Bharati Jagdish spoke with Budi Susanto, General Manager (Southeast Asia), LeapThought and Tan Jing Min, Product Consultant and Subject Matter Expert (Architecture), LeapThought to find out more. See omnystudio.com/listener for privacy information.
7/6/2022 • 12 minutes, 23 seconds
ST The Big Story, 5 July - 9 new additions to the Bib Gourmand list
Out of the 67 recipients of this year’s Bib Gourmand award, nine of them are new to the list.
In The Straits Times The Big Story, Multimedia journalist Hairianto Dirman spoke with Food correspondent Eunice Quek to discuss what it means for restaurants and hawker stalls to be included in the list.
See omnystudio.com/listener for privacy information.
7/6/2022 • 2 minutes, 4 seconds
Singapore’s leaders are under pressure to reach the expectations of workers during the emergence of hybrid working mode.
The majority of leaders in Singapore feel a loss in their management abilities at the companies. Plus, the hybrid working mode even adds on difficulties for the managers since it is more complicated to know and meet the expectations of the team members.
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Joanna Lim, Business Group Lead, Modern Work & Security, Microsoft Singapore to find out more.
See omnystudio.com/listener for privacy information.
7/5/2022 • 9 minutes, 59 seconds
Market View: What can investors expect from the US and European markets this week?
Investors are expecting a data-heavy week in the US, including factory orders data and the final S&P Global U.S services Purchasing Managers Index. The data will build on personal consumption figures out last week to paint a clearer picture of how the economy reacted to earlier interest rate hikes by the US Federal Reserve. In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Dr Cai Daolu, Visiting Senior Fellow at the Department of Strategy and Policy at the NUS Business School to make better sense of those numbers.See omnystudio.com/listener for privacy information.
7/5/2022 • 10 minutes, 24 seconds
How do we cool offices without heating up the planet?
With a rising temperatures, there is an need for offices to be facilitated with cooling systems to serve returning staff. Yet, how do we cool offices without heating up the planet?
Prime Time’s Timothy Go and Bharati Jagdish spoke with Deb Noller, CEO and Co-Founder of Switch Automation to find out more.
See omnystudio.com/listener for privacy information.
7/5/2022 • 8 minutes, 20 seconds
World Headlines tracking with BBC correspondent
A G20 meeting is going to be held in Bali this week with the attendance of Russian FM Sergei Lavrov regardless of opposition from the US due to its war in Ukraine. Furthermore, such a battle is also expected to influence Japan elections taking place on this coming Sunday. Lastly, the world covid-19 situation will also be updated.
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Pete Ross, Producer/Presenter, BBC to find out more. See omnystudio.com/listener for privacy information.
7/4/2022 • 12 minutes, 12 seconds
Market View: To what extent can the easing of Covid-19 restrictions in China boost the country’s economy?
Investors are keenly watching the latest developments in China. Earlier, Beijing was rolling back to its Covid-19 control to better support its ailing economy. Quarantine period for overseas travellers, for one, had shrunk to 7 days from the 14 to 21 days previously. Digital travel passes will also no longer indicate whether a person has visited high-risk cities - further boosting domestic travels. But to what extent would such relaxation of Covid-19 measures boost the world's second largest economies? To what extent will a recent flare up of Covid-19 cases in eastern China throw a spanner in the works? In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Iris Pang, Chief Economist of Greater China, ING for more.See omnystudio.com/listener for privacy information.
7/4/2022 • 12 minutes, 30 seconds
ST: The Big Story, 4 July - Sydney suburb residents evacuated due to flood from heavy rain
Fresh evacuation orders were issued for thousands of Sydney residents on Monday after relentless rain flooded several suburbs in Australia’s largest city. Officials are warning of more wild weather to come.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with Australia correspondent Jonathan Pearlman to find out more.
See omnystudio.com/listener for privacy information.
7/4/2022 • 3 minutes, 19 seconds
Airport disruptions putting pressure on post-pandemic travel
Airports in Europe are facing a crisis of staff shortage which forces some hubs to urge airlines to stop selling tickets. This issue adds on the chaos in travelling including luggages lost, travel disappointment in the post-pandemic tourism.
Prime Time’s Timothy Go and Bharati Jagdish spoke with Lavinia Rajaram, APAC Head of Communications, Expedia Group to find out more. See omnystudio.com/listener for privacy information.
7/4/2022 • 12 minutes, 34 seconds
Market View: Making sense of incoming data and developments from the US and Europe
Investors are keeping their eyes on a raft of economic data from the US as they enter into the second half of the year. In the meantime, new developments are also coming out from the European Central Bank's forum in Sintra, Portugal. But how do we make sense of the information, and what implications do they have on the US and Europe? In Market View, Prime Time's Finance Presenter Chua Tian Tian spoke to Jeff Ng, Senior Currency Analyst at MUFG to find out.See omnystudio.com/listener for privacy information.
7/1/2022 • 10 minutes, 35 seconds
How to protect seniors against online scams as we ramp up speed towards digital financial inclusion?
The FBI says on its website that it estimates that seniors lose more than $3 billion each year to fraudsters. Scammers go after seniors because they believe older adults have a significant amount of money sitting in their accounts.
At home, the Singapore Police Force last year flagged the top three common scams involving seniors aged 60 and above as phishing scams, social media scams and investment scams.
Cybersecurity firm Kaspersky reported that almost one in three seniors in Southeast Asia experience anxiety when paying online.
How can we help the seniors among us?
In the Spotlight, Bharati Jagdish and Timothy Go speak with Sohini Rajola, Regional Head of Asia Pacific, Western Union to find out more.
See omnystudio.com/listener for privacy information.
7/1/2022 • 12 minutes, 32 seconds
S'pore's electricity tariffs to rise by about 8% for Q3 amid global oil, gas crunch
Electricity tariffs here will increase by an average of 8.1% for the July to September period compared with the previous quarter. On SGExtra, Prime Time's Timothy Go and Bharati Jagdish spokewith Luke Pachymuthu. Senior Correspondent, The Straits Times to find out how long the upward trend will continue.See omnystudio.com/listener for privacy information.
7/1/2022 • 7 minutes, 53 seconds
ST: The Big Story, 1 July - Hong Kong 'no longer a bridge between West and East', says expert
There is no reason to change the "one country, two systems" policy for Hong Kong and it must be adhered to over the long run, said Chinese President Xi Jinping on Friday (July 1), at the 25th anniversary of the city's return to China.
In a speech at the Hong Kong Convention and Exhibition Centre, Mr Xi said the policy's underlying goal is to uphold China's national sovereignty, security, and development interests, and maintain long-term prosperity and stability in Hong Kong and Macau.
Earlier in the day, the president swore in Hong Kong's former security chief John Lee as the city's new chief executive, as well as the principal officials of the sixth-term government.
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke with Associate Professor Alfred Wu, who is from NUS' Lee Kuan Yew School of Public Policy about the developments.See omnystudio.com/listener for privacy information.
7/1/2022 • 7 minutes, 5 seconds
Market View: Have the worst of US consumer price inflation passed, and how should investors reposition their portfolios for the rest of the year?
The global economy has endured a series of shocks over the last few years with COVID-19 shutdowns, unprecedented stimulus, supply chain seize-ups and Russia’s invasion of Ukraine. And as we move into the second half of the year - investors are seeking some clarity on when exactly inflation will peak and how they should be calibrating their portfolios for the remainder of the year. In Market View, Prime Time's Finance Presenter Chua Tian Tian spoke to Steven Wieting, Chief Investment Strategist and Chief Economist at Citi Global Wealth Investments to find out.See omnystudio.com/listener for privacy information.
6/30/2022 • 11 minutes, 18 seconds
Tech Talk: Global 5G subscriptions predicted to pass one billion by the end 2022
5G subscriptions are set to cross 1 billion this year. On Tech Talk, Prime Time’s Timothy Go and Bharati Jagdish spoke with Magnus Ewerbring, Chief Technology Officer, Asia Pacific, Ericsson to find out what is driving the rate of subscriptions in the region.See omnystudio.com/listener for privacy information.
6/30/2022 • 11 minutes, 24 seconds
ST: The Big Story, 30 June - S'pore electricity tariffs to go up by about 8%. How long will the rise continue?
About half the households in Singapore will pay higher electricity bills for the next three months, with the electricity tariff for the next quarter going up by about 8 per cent compared to the previous quarter.
The electricity tariff for the period July 1 to Sept 30 will be 30.17 cents per kilowatt-hour (kWh), excluding the goods and services tax (GST), said grid operator SP Group on Thursday (June 30).
Meanwhile, producer and retailer of piped town gas City Energy also announced on Thursday that the gas tariff for households will go up from 21.66 cents per kWh before GST, to 23.09 cents per kWh.
In the Straits Times The Big Story, Assistant Video Editor, Olivia Quay spoke with Dr David Broadstock from the Energy Studies Institute, to find out what’s the impact on every household here.
See omnystudio.com/listener for privacy information.
6/30/2022 • 4 minutes, 29 seconds
Is Singapore ready for a 4-Day Work Week?
Is it time for Singapore to have a 4 Day work week? Or is it feasible only for certain sectors and industries ? In the Spotlight, Bharati Jagdish and Timothy Go speak with the man behind the movement - Andrew Barnes, Founder, 4Day Week Global, to find out more.
Hightlights :
2:26 : What’s the reason behind long working hours?
3:20 : How do we encourage companies to work smarter?
6:10 : What are the benefits of a 4Day work week?
8:04 : How does 4Day work week help with gender pay balance?
15:43 : How receptive are Singapore companies towards the idea of a 4 Day work week? See omnystudio.com/listener for privacy information.
6/30/2022 • 18 minutes, 20 seconds
What's in store for jobs in Singapore for the second half of 2022
The economy seems to be growing at a good pace for the first half of 2022. On Career360, Prime Time’s Timothy Go and Bharati Jagdish spoke with Adrian Choo, CEO and Founder, Career Agility International to find out what’s in store for the rest of the year, and what that means for the jobs outlook.See omnystudio.com/listener for privacy information.
6/29/2022 • 13 minutes, 23 seconds
ST: The Big Story, 29 June - What higher bank mortgage rates mean for home buyers
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke with Invest editor Tan Ooi Boon on ways home buyers can deal with rising home loan rates.
Singapore's largest lender DBS Bank has raised the rates on all its home loan packages on Tuesday, following similar moves by UOB and OCBC.
The bank also scrapped its five-year fixed-rate package for HDB home owners, which used to offer loans at 2.05 per cent.See omnystudio.com/listener for privacy information.
6/29/2022 • 4 minutes, 43 seconds
Market View: Why is growth capital investing the way to go and how should retail investors go about doing so?
Financial markets have been thoroughly roiled this year amid soaring inflation, rate hikes and the war in Ukraine. Against such a backdrop, some market analysts believe it is time for investors to go back to the basics and allocate their capital towards what they call the most promising avenues of future growth. But how does growth capital investing work? How can investors, and in particular retail investors, take part in it? Which are are growth sectors and geographical markets to look at? In Market View, Prime Time's Finance Presenter Chua Tian Tian spoke to Daryl Ho, Senior Investment Strategist at DBS Bank to find out. See omnystudio.com/listener for privacy information.
6/29/2022 • 10 minutes, 54 seconds
What does a growing trend of environmental-conscious consumers mean to businesses?
The last two years of the global pandemic have seen quantum changes in two societal behaviours : a seismic shift to online commerce and sustainable shopping to protect the planet. In the Spotlight, Bharati Jagdish and Timothy Go speak with Saniya Gupta, Head of Client Strategy, Carousell Media Group, about their latest findings in consumer behaviour, including a fast growing global phenomenon.See omnystudio.com/listener for privacy information.
6/29/2022 • 13 minutes, 23 seconds
ST: The Big Story, 28 June - DPM Lawrence Wong launches road map for a Singapore that 'benefits many, not a few'
Deputy Prime Minister Lawrence Wong has called on Singaporeans to offer ideas to shape the future of Singapore, which he described as at a crossroads post-Covid-19.
The year-long Forward Singapore exercise will be led by Mr Wong and will have six pillars headed by his fellow fourth-generation leaders, in areas such as jobs, housing and health.
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke with Opinion editor Grace Ho to find out more.See omnystudio.com/listener for privacy information.
6/29/2022 • 6 minutes, 3 seconds
Can real estate offer a hedge against soaring inflation?
Is real estate emerging as a hedge against roaring inflation? In Powering Your Property, Prime Time’s Timothy Go and Bharati Jagdish spoke with Stefan Wundrak, Senior Director of Real Estate Research, Nuveen to find out. See omnystudio.com/listener for privacy information.
6/29/2022 • 12 minutes, 55 seconds
The 3rd run of China Ready Program for Singapore legal professionals to kick off this August
To put our law firms in good stead to seize new opportunities in China, the Ministry of Law launched the first run of the China Ready Programme in August 2020.
Launched in partnership with HCE of SPH Media, the third run of the Programme will commence this August.
Bharati Jagdish and Timothy Go speak to Doreen Chia, Partner, Rajah & Tann Asia, to find out more.
See omnystudio.com/listener for privacy information.
6/28/2022 • 8 minutes, 44 seconds
Market View: What is sustainable finance, and how can investors take part in it?
Recent disruptions to global energy supplies and food shortages have reinforced the need to invest in efforts towards sustainability. But what exactly does sustainable finance entail? How should retail investors take part in this effort, and how do they measure sustainable outcomes? In Market View, Prime Time's Finance Presenter Chua Tian Tian spoke to Associate Professor of Finance Hao Liang from Singapore Management University to find out.See omnystudio.com/listener for privacy information.
6/28/2022 • 14 minutes, 23 seconds
Market View: What are some key takeaways for the rest of this year?
It's been a rather volatile and tumultuous past quarter for global markets. Market players saw key asset classes sold off aggressively as investors react to rising inflation, interest rate hikes, and the possibility of a recession. But while it can be easy to get carried away by the fear of further interest rate hikes down the road, economists believe there are several key takeaways to watch out for the rest of the year. In Market View, Prime Time's Finance Presenter Chua Tian Tian spoke to Alvin Liew, Senior Economist at UOB to find out more.See omnystudio.com/listener for privacy information.
6/27/2022 • 13 minutes, 37 seconds
What can we expect from two major leaders meeting : Nato and G7, this week?
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Rich Preston, Senior World News Reporter/Presenter at the BBC, for the latest in this week’s Nato summit in Madrid, as well as the G7 leaders meeting in Germany.
See omnystudio.com/listener for privacy information.
6/27/2022 • 11 minutes, 10 seconds
ST: The Big Story, 27 June - Man originally accused of missing teen's murder expected to plead guilty to new charges
Ahmad Danial Mohamed Rafa'ee, the man accused of killing 19-year-old Felicia Teo Wei Ling in 2007, has been given a discharge not amounting to an acquittal for the murder charge.
However, he is expected to plead guilty next week to unlawfully depositing her corpse in a public place.On the Straits Times The Big Story, Assistant Video Editor, Olivia Quay spoke to court correspondent Shaffiq Alkhatib to find out more about this case's twists and turns.See omnystudio.com/listener for privacy information.
6/27/2022 • 3 minutes, 49 seconds
Hong Kong’s current political and social issues expecting better solutions from the incoming leader this July 1
John Lee will officially step up as chief executive on July 1st, which is also the 25th anniversary of Hong Kong’s return to China from the British coloniser. Challenges regarding division in politics and society in terms of housing price surge and Covid-19 restrictions are foreseeable for the incoming leader.
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Pushan Dutt, Professor of economics and political sciences, INSEAD to find out more. See omnystudio.com/listener for privacy information.
6/24/2022 • 10 minutes, 36 seconds
Market View: How are markets expected to react to US Federal Reserve Chair Jerome Powell's testimony, and is enough time given for markets to react to the US rate hikes?
US Federal Reserve Chair Jerome Powell had given his most explicit acknowledgement to date that steep interest rate hikes could tip the economy into a recession, and it would be very challenging to achieve a soft landing. He also reiterated the Fed's resolve to get inflation back to the two per cent mark, adding that ongoing rate hikes will be appropriate to cool the hottest price pressures in four decades. But have markets been given enough time to react to the recent rate hikes, before the Fed is expected to further raise rates next month? And to what extent are markets expected to perform in the meantime? When will the US economy slip into a recession? In Market View, Prime Time’s Finance Presenter Chua Tian Tian posed these questions to Steve Brice, Chief Investment Officer, Standard Chartered Wealth Management. See omnystudio.com/listener for privacy information.
6/24/2022 • 10 minutes, 7 seconds
ST: The Big Story, 24 June - $3 increase in taxi fare from Changi Airport
Taking a taxi from Changi Airport will be $3 more expensive until the end of the year, with the extra location surcharge extending by another six months.
Taxi rides starting from the airport, Changi Air Freight Centre, the Airport Police Station and the Airport Logistics Park of Singapore, will cost an additional $8 every day from 5pm to 11.59pm, and an additional $6 at all other times.
Before the fare hike, the airport surcharge was $5 on Fridays, Saturdays and Sundays from 5pm to 11.59pm, and $3 at all other times.
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke with transport correspondent Kok Yufeng on the reasons for the extension.See omnystudio.com/listener for privacy information.
6/24/2022 • 2 minutes, 50 seconds
Why Singapore is unlikely to roll back Covid-19 rules despite the Omicron surge
Amid the possible growth of Covid-19 Omicron subvariant waves, Singapore still determines not to go back to the strict Covid-19 safety measures. It is believed that the country has been on the fine track since the ease of Covid-19 restrictions.
On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Linette Lai, Health Correspondent, The Straits Times to find out more.See omnystudio.com/listener for privacy information.
6/24/2022 • 7 minutes, 19 seconds
Single family offices in Singapore faces challenges from cyber security and how to tackle it
Tightened tax rules have stricken Greater China, which forces the super wealthy to plan to obtain permanent citizenship in Singapore through the Global Investor Programme. However, due to the complications of growing scams related to cyber security, data breach has become more common.
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Desmond Teo, Leader, EY Asia-Pacific Family Enterprise to find out more. See omnystudio.com/listener for privacy information.
6/23/2022 • 9 minutes, 18 seconds
Market View: Investing in Food Innovation and Agricultural Technology
Global supply chain disruptions and the war in Ukraine have pushed up food prices and induced shortages in many countries. Most recently, we saw Malaysia restricting chicken exports. And before that, Indonesia was imposing palm oil export bans to meet domestic demand. Such examples have reinforced the importance of food sustainability. Analysts say achieving food sustainability would require huge capital input from the private market. So what does this mean for retail investors? In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Christy Tan, Investment Strategist, Franklin Templeton Institute to find out more.
See omnystudio.com/listener for privacy information.
6/23/2022 • 11 minutes, 19 seconds
HWM + HWZ Tech Awards 2022: A guide to the top tech buys amid the hybrid work culture
The 13th edition of HardwareZone Tech Awards returns, recognizing the outperforming brands and products related to computing, gaming, consumer electronics, communications and services launched in the past year.nThe Tech Awards consists of two segments, Readers’ Choice determines the best brands as voted by our readers, while the Editor’s Choice segment identifies the best tech products as tested by the review team.
From gadgets and services to communication and gaming, Prime Time’s Timothy Go and Bharati Jagdish spoke with Vijay Anand, editor-in-chief, HardwareZone.com to find out more about the best in consumer technology.See omnystudio.com/listener for privacy information.
6/23/2022 • 10 minutes, 36 seconds
ST: The Big Story, 23 June - Singapore sees a surge in consumer prices with the most rapid pace within 13 years
Singapore's core consumer prices in May surged at the fastest rate in more than 13 years, led by the rising costs of food, electricity and gas.
Core inflation - which excludes accommodation and private transport costs - jumped to 3.6 per cent in May on a year-on-year basis, up from 3.3 per cent in April.
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke with Lee Ju Ye, economist, Maybank Investment Banking Group on what this means for household budgets in the coming months, and whether Singapore is heading for a recession as prices continue to rise.See omnystudio.com/listener for privacy information.
6/23/2022 • 5 minutes, 17 seconds
Transparency is needed in voluntary carbon markets in its pursuit of net-zero achievement
Fears of potential mass greenwashing are growing among businesses as countries, cities and companies have reached net-zero emissions promises recently. The aim of ensuring carbon offsets was launched last year to help developing nations access the climate finance of the market.
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Dr Bo Bai, Executive Chairman and Co-Founder of digital exchange, MetaVerse Green Exchange to find out more. See omnystudio.com/listener for privacy information.
6/22/2022 • 11 minutes, 42 seconds
Market View: What should investors look out for in Europe and the US this week?
US Federal Reserve Chairman Jerome Powell is set to testify before Congress to give his regular semi-annual update on monetary policy. And in the meantime, European Central Banks are planning to form a new instrument to fight financial fragmentation and mend the gap in borrowing costs within EU country members. What should investors look out for in the US and Europe this week, and how should they allocate their assets amid the current uncertainties? In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Fiona Cincotta, Senior Market Analyst, City Index to find out more. See omnystudio.com/listener for privacy information.
6/22/2022 • 13 minutes, 56 seconds
ST: The Big Story, 22 June - Singapore sees a rise in the number of Covid-19 Omicron subvariant cases
Singapore has witnessed a 23 percent week-on-week increase in Covid-19 community infections, with the rise largely driven by an increased spread of the newer Omicron subvariants BA.4 and BA.5. On the Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke to Professor Dale Fisher, Yong Loo Lin Singapore of Medicine NUS, to find out more and what we should take note of.
See omnystudio.com/listener for privacy information.
6/22/2022 • 5 minutes, 48 seconds
Singapore’s efforts to inject new blood in the maritime industry
Emphasis has been put on decarbonisation of particular businesses since maritime becomes more concentrated on ESG. Regardless of its outstanding role in Singapore and worldwide, not many locals are aware of diverse job opportunities from the industry.
On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with David Lee, Senior Manager, Maritime Singapore Connect Office, Singapore Maritime Foundation and Ahmad Noorfahmy, Maritime Law Associate, Helmsman LLC to find out more. See omnystudio.com/listener for privacy information.
6/22/2022 • 8 minutes, 19 seconds
Market View: Where are the bright spots in Asia right now?
Economies in Asia are facing multiple headwinds, ranging from inflationary pressures to disrupted supply during the pandemic. But analysts believe there are longer term opportunities in the region even in the current environment. In Market View, Prime Time's Finance Presenter Chua Tian Tian spoke with Pang Kin Weng, Fund Manager, Asian Multi-Asset at Schroders to find out more. See omnystudio.com/listener for privacy information.
6/21/2022 • 15 minutes, 37 seconds
Advice for “Sandwich generation” on balancing their finance control amid world inflation
“Sandwich generation” is an emerging term referring to individuals undergoing financial burden to support their ageing parents and their own children. At the same time, this generation themselves also have to handle their own needs in daily life. With such pressure, pursuing financial independence after retirement is a growing trend among the 40-to-60 age group in Singapore.
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Elson Goh, Head of Asia Portfolio Management at wealth management group, St James’s Place to find out more. See omnystudio.com/listener for privacy information.
6/21/2022 • 11 minutes, 42 seconds
ST: The Big Story, 21 June - Singapore households and businesses will receive new support packages due to the challenges by world inflation
A $1.5 billion support package was announced on Tuesday (21 June) to help households and businesses in Singapore tackle the impending economic challenges resulting in higher global inflation. The Straits Times’ The Big Story highlights the key measures, and Senior political correspondent Tham Yuen-C joins Assistant video editor Olivia Quay to discuss Singapore's current economic situationSee omnystudio.com/listener for privacy information.
6/21/2022 • 5 minutes, 7 seconds
Market View: What are the factors contributing to Singapore's resilient manufacturing activity amid global uncertainties?
Manufacturing confidence in Singapore held up despite uncertainties from the war in Ukraine and inflation rate hikes by central banks around the world. Factory activity expanded faster in May. The sector also welcomed new entrants each year despite the pandemic. But what are the factors contributing to the resilience we saw in the manufacturing sector, and what are the challenges and opportunities going forward? How are global headwinds weighing on the sector? In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Lennon Tan, President, Singapore Manufacturing Federation to find out more. See omnystudio.com/listener for privacy information.
6/21/2022 • 10 minutes, 13 seconds
Property buyers return to the market five months after cooling measures
New private home sales have reached their highest point within 6 months. Compared to April, the figure for sold flats is double and even 51.5% higher than last year. At the same time, there seems no ease in the surge of housing prices among condominiums and HDBs. On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Christine Sun, Senior Vice President of Research & Analytics, OrangeTee & Tie to find out more. See omnystudio.com/listener for privacy information.
6/21/2022 • 9 minutes, 29 seconds
EU leaders to meet on food crisis and Ukraine's proposed membership
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Peter Ross, Presenter/Producer at the BBC on how to solve the growing food crisis caused by Russia's invasion of Ukraine, Ukraine’s proposed EU membership ahead of a leaders’ meeting in Brussels, as well as the annual security dialogue between the US and Taiwan this week.See omnystudio.com/listener for privacy information.
6/20/2022 • 15 minutes, 41 seconds
Making social media consumption safer in Singapore: SG Extra with Zakir Hussain
First mentioned in Parliament in March, the Ministry of Communications and Information is proposing two codes of practices, in a bid to protect users from harmful online content.On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Zakir Hussain, Singapore Editor at The Straits Times to discuss the ways in which the new rules will add to Singapore’s current Internet guidelines.See omnystudio.com/listener for privacy information.
6/20/2022 • 8 minutes, 19 seconds
ST: The Big Story, 20 June - Cars lose shine as Singapore youth cycle more often
According to an April survey commissioned by ST and carried out by Nexus Link, the proportion of young Singaporeans who aspire to own a car has shrunk substantially from six years ago.
In The Straits Times' The Big Story, Assistant video editor Olivia Quay spoke with Senior transport correspondent Christopher Tan on the main reasons behind this mindset shift.See omnystudio.com/listener for privacy information.
6/20/2022 • 4 minutes, 51 seconds
Switching industries is not always challenging as it sounds
Resignation from the current jobs and turning to new ones is becoming more popular during the pandemic. Some workers even jumped into a different industry. Such a trend highlights a great concern of better pay and working environment among employees. In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Madeline Wee, Business Development Associate, Endowus to find out more. See omnystudio.com/listener for privacy information.
6/17/2022 • 10 minutes, 48 seconds
Market View: Should investors turn to the gold market amid high inflation and rising interest rates?
Gold has gained more attention from market investors amid soaring prices in the US and Eurozone. While gold prices are usually supported by inflation and economic uncertainties, rising interest rates by central banks around the world also mean that the opportunity costs of holding the non-yielding asset are now higher. In that case, should investors turn to the gold market now, and how should they go about doing so? In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Shaokai Fan, Head of Central Banks Relationships at the World Gold Council to find out more. See omnystudio.com/listener for privacy information.
6/17/2022 • 9 minutes, 17 seconds
How will Singapore secure energy supply amid the global energy crunch?
The Energy Market Authority announced it will extend the Temporary Electricity Contracting Support Scheme to March next year, amid a continuing global energy crunch. How far will these go to secure energy supply and stabilise prices here?On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Luke Pachymuthu, Senior Correspondent, The Straits Times to find out more. See omnystudio.com/listener for privacy information.
6/17/2022 • 11 minutes, 9 seconds
How can Singapore deal with the lack of Data Analytics workforce and what to expect from this industry in the future?
Although the incorporation of digital technology in data-heavy processing tasks is no longer unfamiliar these days, Singapore is still struggling with the shortage of tech talents. It is believed that misconceptions that the tech industry is a bit slow to break into and lack of workers willing to enhance their skills are relatively vivid. In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Shumin Lai, Data Analytics Trainer, Smartcademy to find out more. See omnystudio.com/listener for privacy information.
6/16/2022 • 9 minutes, 19 seconds
Market View: What are the implications of the largest US rate hike and how are central banks expected to react?
The US Federal Reserve has raised its benchmark interest rate by 75 basis points - the largest hike in nearly three decades. The widely anticipated move is aimed at driving down inflation, which has soared to 40-year highs in the country. Commenting on the rate decision, Federal Reserve Chairman also suggested that a 50 or 75-basis-point increase is likely at its July meeting. On that note, how are central banks around the world expected to react in the coming days, and what implications will the rate hike have on our borrowing costs? In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Clara Cheong, Global Market Strategist at J.P. Morgan Asset Management to find out. See omnystudio.com/listener for privacy information.
6/16/2022 • 12 minutes, 52 seconds
ST: The Big Story, 16 June - What investors are advised to do in the middle of the largest interest rate spike by the US Federal Reserve?
The US Federal Reserve has approved its largest interest rate increase since 1994 to slow the ongoing surge in inflation. The widely-expected move raised the target federal funds rate by 75 basis points to between 1.5% and 1.75%. Amid high inflation, rising borrowing costs and the growing risk of a recession growing, how should investors position themselves in this volatile environment? In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke with Daryl Ho, a senior senior investment strategist at DBS Bank's chief investment office to find out. See omnystudio.com/listener for privacy information.
6/16/2022 • 6 minutes, 8 seconds
Is the metaverse marketing’s next big thing?
The emergence of metaverse is expected to gain a huge market opportunity. AR and VR are believed to soon get more investment from businesses in the coming years. In Singapore, metaverse has been explored by local brands. On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Benjamin Soubies, Managing Director, APAC & Japan of Talkwalker to find why the metaverse is marketing’s next big thing.
See omnystudio.com/listener for privacy information.
6/16/2022 • 11 minutes, 40 seconds
How does IES' 2 year blueprint align with the Singapore Green Plan 2030?
Working hand in hand with the Government towards a greener Singapore by 2030, the Institution of Engineers, the premier engineering institution here, also has its own strategic blueprint for the next two years. In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Mr Dalson Chung, President, Institution of Engineers, Singapore to find out more.See omnystudio.com/listener for privacy information.
6/15/2022 • 12 minutes, 16 seconds
Market View: How should investors select their assets to leverage a restrained environment?
Food and energy costs in the US rocketed to a 40-year-high last week. That data is putting pressure on the Fed to move on with its rate hike intentions, when thereby increases the risk of a possible recession. Analysts believe the looming economic outlook is putting downward pressure on private market portfolio valuations, with significant dispersion among managers, depending on factors such as industry focus, and reduced price of deals. Given the dispersion, how should fund managers or retail investors select their assets to leverage a restrained environment? In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Ken Peng, Head, Investment Strategy for Asia at Citi Global Wealth to find out more.
See omnystudio.com/listener for privacy information.
6/15/2022 • 13 minutes, 28 seconds
ST: The Big Story, 15 June - Singapore’s tool to protect the nation from dengue
Project Wolbachia, one of Singapore's weapons in the fight against dengue, will be expanded to 1,400 more HDB blocks from July. It will cover more than 300,000 homes and about 31 per cent of HDB blocks in Singapore. In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with Health correspondent Timothy Goh to find out more. See omnystudio.com/listener for privacy information.
6/15/2022 • 4 minutes, 31 seconds
How can Singapore's F&B players be incentivized to accelerate digitization?
Covid-19 pandemic has sparked a new era of digitalisation in most walks of life including the food and beverage industry. However, apart from food and beverage, not all companies are ready to enter such digitalised phase.On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Eugene Ng, Co-founder and CRO, StaffAny and Vanessa Kwa, Associate Product Manager (APM), StaffAny to find out more. See omnystudio.com/listener for privacy information.
6/15/2022 • 8 minutes, 40 seconds
Market View: To what extent will the Singapore stock market be affected by world uncertainties?
Singapore stock markets are facing uncertainties ranging from the widely anticipated rate hike from the US Fed, to concerns over China's renewed COVID-19 lockdowns. In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Lock Mun Yee, Research Analyst of CGS-CIMB Securities to find out how the Singapore stock market will be affected by such uncertainties, as well as the opportunities that lie ahead.See omnystudio.com/listener for privacy information.
6/14/2022 • 9 minutes, 30 seconds
AI application in maintaining safety at workplace.
Over the past ten years, Singapore has shown great progress in creating safe working environments with a significant decrease in labour fatality figures. However, this year has the highest number of workplace fatalities, which sparks concern in the public. Most accidents are believed to be avoidable. To better improve safety at the working site, AI is being implemented as the current feasible solution.
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Udayagiri Vishnu Saran, CEO and Founder, Invigilo Technologies to find out more.
See omnystudio.com/listener for privacy information.
6/14/2022 • 11 minutes, 37 seconds
Market View: No sign of abating in inflation - what do investors have to look out for?
US Federal Reserve officials are set to hold a two-day meeting to discuss its monetary policy decision, which increases the fear among investors. There will possibly be a 75 basis point interest rate hike to cool red-hot inflation in the US. In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Suan Teck Kin, Head of Research, UOB on what to expect in the coming week. See omnystudio.com/listener for privacy information.
6/14/2022 • 12 minutes, 48 seconds
What to expect from industrial REITs during the endemic of 2022
Industrial real estate has been a top performer among commercial real estate investments over the past decade. In fact, industrial REITs outperformed all other REIT sectors by over double in 2021. Can industrial REITs outperform in 2022? On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Dennis Yeo, Head, Investor Services and Logistics & Industrial, APAC, Cushman & Wakefield to find out more . See omnystudio.com/listener for privacy information.
6/14/2022 • 10 minutes, 56 seconds
ST: The Big Story, 14 June - Malaysia partially eases its ban on chicken export
Malaysia has partially lifted its ban on chicken exports, allowing poultry producers and importers in Singapore to bring in live kampung chickens from across the Causeway. According to importer Kee Song Food, the Malaysian authorities allowed the company to resume importing live kampung chickens on Tuesday (June 14). It will also start bringing in black chicken from Malaysia from Saturday (June 18).
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with Journalist Melissa Heng to find out more about the developments.See omnystudio.com/listener for privacy information.
6/14/2022 • 2 minutes, 53 seconds
In the Spotlight: How does the EU define "Green Investments?"
In the Spotlight this week: What's the latest on Russia’s invasion of Ukraine, China’s continuing battle with Covid-19 and a debate in the EU about what really qualifies as “Green Investments”. Timothy Go and Bharati Jagdish catch up with Rob Hugh-Jones, Editor, BBC for the global headlines he’s tracking in the week ahead. See omnystudio.com/listener for privacy information.
6/14/2022 • 16 minutes, 25 seconds
How will Singapore cope with its ageing population?: SG Extra
As Singapore's population ages, the Ministry of Health aims to almost double the number of eldercare centres to 220 by 2025 and increase their scope of services. MOH also plans to double the number of nursing home beds to more than 31,000 in the next 10 years. On SGExtra, Prime Time's Timothy Go and Bharati Jagdish spoke with Zakir Hussain, Singapore Editor, The Straits Times to find out more. See omnystudio.com/listener for privacy information.
6/13/2022 • 9 minutes, 2 seconds
ST: The Big Story, 13 June - Mass testing in Beijing following outbreak of Covid-19 cluster at 24-hour bar
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with China correspondent Elizabeth Law about the latest Covid-19 outbreak at a 24-hour bar in Beijing, which triggered a mass testing exercise in the city. She also shares more about her experience testing positive in China.See omnystudio.com/listener for privacy information.
6/13/2022 • 6 minutes, 18 seconds
ST: The Big Story, 10 June - SportSG to take over ownership, management of Sports Hub on Dec 9
The Government will take over the ownership and management of the Singapore Sports Hub on Dec 9, after terminating its partnership with the private consortium that has been running it since 2014.
This will allow it to make the Sports Hub more accessible to the broader community for sports, lifestyle, entertainment and social activities, and also develop Kallang into a vibrant and integrated sports, wellness and lifestyle precinct.
National agency Sport Singapore and SportsHub Pte Ltd agreed on the termination on Friday (June 10), bringing an end to the public-private partnership that has been beset with problems including the poor condition of the football field, even as world-class names and acts like Cristiano Ronaldo and U2 drew the crowds.
In The Straits Times’ The Big Story, Hairianto Dirman spoke with Sports correspondent Sazali Abdul Aziz to find out more.See omnystudio.com/listener for privacy information.
6/10/2022 • 5 minutes, 46 seconds
How can legal system protects investors in this booming metaverse period?
Over the past few months, tech giants, clothing brands and investors have put hundreds of millions of dollars in the metaverse.This skyrocketed virtual real estate prices is only the beginning of the metaverse era. In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Shaun Leong, Partner, Withers KhattarWong and Chuan Wee Meng, CEO, Singapore International Mediation Centre to find out more. See omnystudio.com/listener for privacy information.
6/10/2022 • 13 minutes, 15 seconds
Market View: Evaluation of approaches to handle the current inflation
Around the world, central banks are tightening their monetary policies to address rising prices driven by supply chain disruptions and the war in Ukraine. Investors in the US are also looking to key inflation data this week for clues on the US Federal Reserve’s rate path. In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Dr Cai Daolu, Visiting Senior Fellow of the Department of Strategy and Policy at NUS Business School to take stock of the week's happenings. See omnystudio.com/listener for privacy information.
6/10/2022 • 11 minutes, 51 seconds
Singapore government to take over Sports Hub, ending partnership with consortium
Government agency Sport Singapore will hold the ownership and management of the Singapore Sports Hub from December 9 to make it more accessible to the broader community. It has reached an agreement with current SportsHub Pte Ltd operator to terminate their public-private partnership.
On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Rohit Brijnath, Assistant Sports Editor, The Straits Times to find out more. See omnystudio.com/listener for privacy information.
6/10/2022 • 9 minutes, 59 seconds
What can companies do to match customers’ needs for more sustainable goods?
Searching for eco-friendly items is increasing and a large number of buyers say they are ready to spend more on a sustainable product. At a macro-economic level, nature-positive transitions for the food, infrastructure and extractives sectors could generate trillions of dollars in annual business return in 2030.
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Gerry Mattios, Expert Partner and co-director, Global Sustainability Innovation Centre in Singapore, Bain & Company to find out more. See omnystudio.com/listener for privacy information.
6/9/2022 • 9 minutes, 26 seconds
Market View: Current inflation is believed to be cyclical and can be well-solved
Many countries are expected to fall into recession as the economy slips into an era of stagflation. Global economic expansion is forecasted to decline this year, amid supply disturbances, prospects of weakening growth, amongst others. However, there are noticeable differences, such as the U.S. dollar power and strong balance sheets at major financial institutions, which present room for improvement.
In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Nikolaj Schmidt, Chief International Economist at T. Rowe Price to find out more. See omnystudio.com/listener for privacy information.
6/9/2022 • 11 minutes, 55 seconds
ST: The Big Story, 9 June - Asia's top security summit back to Singapore Shangrila
Asia's top security summit returns to Singapore this weekend after a two-year pandemic hiatus.
Ukrainian president Volodymyr Zelensky is also scheduled to deliver on Saturday a special virtual address at the Shangri-La Dialogue, organised by the International Institute for Strategic Studies.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with Political correspondent Justin Ong on the summit's agenda.See omnystudio.com/listener for privacy information.
6/9/2022 • 2 minutes, 37 seconds
Apple’s introduction of 2022 MacBooks via an on-site conference after two years doing it virtually
After two years of halting due to the pandemic, Apple finally brought back its World Wide Developers conference with the on-site attendance of the audience. Via the event, the company also introduced the new-coming MacBooks with more advanced updates in its features.
On SGExtra, Prime Time’s Timothy Go spoke with Cheryl Tan, Tech360.tv to find out more.See omnystudio.com/listener for privacy information.
6/9/2022 • 6 minutes, 9 seconds
Will plant-based seafood be a solution to stock shortage in Asia?
It is forecasted that the majority of global fish consumption will be taken over by Asian countries by 2030. Such a scenario illustrates the dominance of seafood in Asian diet. However, negativity of fishing and depletion of fish stocks are the current concern.
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Manuel Bossi, Group CEO of Growthwell Foods to find out more. See omnystudio.com/listener for privacy information.
6/8/2022 • 14 minutes, 34 seconds
Market View: What to expect from higher tourist spending
Data released last week revealed rising takings in this period of border easing and restrictions lifting. Retail sales see a significant jump in April but uncertainties about the continuity of this trend remain amid soaring prices and general inflation. In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Ethan Hsu, the Head of Retail at Knight Frank Singapore.
See omnystudio.com/listener for privacy information.
6/8/2022 • 12 minutes, 6 seconds
ST: The Big Story, 8 June - What you need to know about StarHub's EPL subscription
StarHub has announced subscription pricing will start from $19.99 monthly. This comes four months after it became the official English Premier League broadcaster in Singapore.
In comparison, for the recently concluded season, Singtel subscribers were paying $64.90 a month to catch the EPL on TV and $49.90 a month to watch it on video streaming service Cast.
StarHub will run an early bird promotion, from Thursday to June 30, for the first 25,000 sign-ups (comprising both existing and new subscribers).
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with Sports correspondent David Lee to find out more.
See omnystudio.com/listener for privacy information.
6/8/2022 • 4 minutes, 53 seconds
What will happen to flexible workers with the looming fear of recession?
With the Great Resignation, employees have shown their strong preference to keep working remotely and flexibly. However, due to the high global inflation, many companies are laying off their workers, which is believed to take a turn. Subsequently, this trend leaves great concern among employees over family commitments and the working mode leading to possible resignations or further negotiations.
On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Leong Chee Tung, CEO and co-founder of people analytics HRTech EngageRocket to find out more.
See omnystudio.com/listener for privacy information.
World stock markets are closely following the US for clues due to the aggressive rise in interest rates by the Federal Reserve from June onwards. Furthermore, the consumer price index data set released this coming Friday is expected to tell whether the inflation has reached its peak and may give further insights on the increasing rates in the near future.
In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Jeff Ng, Senior Currency Analyst, MUFG to find out more. See omnystudio.com/listener for privacy information.
6/7/2022 • 13 minutes, 20 seconds
An optimistic outcome of property cooling measures in Q21 2022
The Singapore Property Sale Price Index witnessed an increase compared to that of Q3 to Q4 last year.The property cooling measures started in December 2021 seems to take effect in the private market this quarter. However, both the HDB and private rental markets are on the rise.
On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Dr. Tan Tee Khoon, Country Manager, PropertyGuru Singapore to find out more.See omnystudio.com/listener for privacy information.
6/7/2022 • 10 minutes, 6 seconds
ST: The Big Story, 7 June - Spike in air fares after Singapore’s reopen
Planning a holiday soon? Be prepared to pay more, especially for airplane tickets. After Singapore reopened its borders to all fully vaccinated travellers on April 1, the cost of flying from Singapore was on average 27% higher in April than in 2019.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with Subhas Menon, director-general of the Association of Asia-Pacific Airlines to find out what’s driving this spike.See omnystudio.com/listener for privacy information.
6/7/2022 • 5 minutes, 49 seconds
Amid the 'Great Resignation' or 'Reshuffle', should you really quit your job?
While the Great Resignation implies people are leaving the workforce, a large swath of workers are simply reconfiguring what their careers look like. The current disruption is seeing more employees move around the job market. Workers have agency: they’re fine-tuning a better work-life balance and making deliberate choices as to where their careers are heading next.
How do you navigate the next phase of the Great Resignation? And, should you really quit your job? In The Spotlight, Prime Time's Timothy Go and Bharati Jagdish spoke with Adrian Choo, CEO, Career Agility International to find out.See omnystudio.com/listener for privacy information.
6/6/2022 • 13 minutes, 44 seconds
What Singapore’s new Cabinet reshuffle means for us: SG Extra
Finance Minister Lawrence Wong will be promoted to Deputy Prime Minister from June 13, in a move that cements his standing as the successor to Prime Minister Lee Hsien Loong. The announcement comes two months after Mr Wong was endorsed by his peers as the leader of the People's Action Party's fourth-generation team.
Will the upcoming Cabinet reshuffle have significant developments? On SGExtra, Prime Time's Timothy Go and Bharati Jagdish spoke with Zakir Hussain, Singapore Editor, The Straits Times to find out. See omnystudio.com/listener for privacy information.
6/6/2022 • 9 minutes, 20 seconds
ST: The Big Story, 6 June - Lawrence Wong promoted to Deputy Prime Minister as part of S'pore Cabinet changes
Finance Minister Lawrence Wong will assume the role of Deputy Prime Minister with effect from June 13. The Prime Minister's Office announced this promotion yesterday, as well as other changes to Prime Minister Lee Hsien Loong's Cabinet. In The Straits Times’ The Big Story, Assistant Editor Lyn Lee Foo spoke with The Straits Times' Opinion editor Grace Ho about Singapore’s Cabinet reshuffle. See omnystudio.com/listener for privacy information.
6/6/2022 • 6 minutes, 31 seconds
Airline industry may reverse back to its pre-pandemic growth in early 2023
World travel is coming back strongly as people have been longing for overseas vacation for the past two years. With such a trend, the airline industry is believed to bounce back to its pre-pandemic growth earlier than it expected. In The Spotlight, Prime Time’s Bharati Jagdish spoke with Pushan Dutt, Professor of Economics at INSEAD to find out more.See omnystudio.com/listener for privacy information.
6/3/2022 • 13 minutes
Market View: China’s economy prospect following ease in Covid-19 restriction
Fed’s quantitative tightening programme and China’s economic outlook after easing its Covid-19 measures are among the top concerns of this week. In Market View, Prime Time’s Bharati Jagdish spoke with Song Seng Wun, CIMB Private Banking to find out more. See omnystudio.com/listener for privacy information.
6/3/2022 • 15 minutes, 46 seconds
ST: The Big Story, 3 June - Singapore is still in a silent optimism amid the expected new wave of Covid
Health Minister Ong Ye Kung said Singapore may not repeat the old measurement during the Omicron wave, as the country cannot afford it cost one more time. The Minister suspects that BA4 or BA5 sub-variant of Omicron may sweep through the country in the coming months. But he still holds great belief that Singapore has high resilience as the country vaccination rate is high.
In The Straits Times’ The Big Story, Assistant video editor Harianto Diman spoke with Professor Dale Fisher, NUH's Division of Infectious Diseases to discuss more.See omnystudio.com/listener for privacy information.
6/3/2022 • 4 minutes, 34 seconds
New Covid-19 wave may reach Singapore next month
According to Health Minister Ong Ye Kung, Singapore might experience a Covid-19 wave soon. At his ministry's annual work plan seminar yesterday, Mr Ong said that the next wave could reach Singapore in a “matter of months, maybe July, maybe August”.
On SGExtra Prime Time’s Bharati Jagdish spoke with Linette Lai, The Straits Times to find out more.See omnystudio.com/listener for privacy information.
6/3/2022 • 8 minutes, 9 seconds
Market View: Pessimism in US economic growth and approach for investors of this market
Federal Reserve officials from both the hawkish and dovish wings of the US central bank are determined to raise interest rates, even if the report states that US economic growth is shifting into a lower gear. While stocks show a decline in recent weeks on optimism that inflation may be easing, many are still pessimistic.
In Market View, Prime Time’s Bharati Jagdish spoke with David Kuo, the Smart Investor to find out more.See omnystudio.com/listener for privacy information.
6/2/2022 • 13 minutes, 25 seconds
Impact of the Covid-19 pandemic on information security
Covid-19 pandemic has forced most companies into virtual settings which signifies a lack of information safety. Singapore is known to be among the targets of cyber attacks but business seems still struggling to react on time. On SGExtra Prime Time’s Bharati Jagdish spoke with Alvin Rodriguez, Asia Pacific, Infoblox to find out more.
See omnystudio.com/listener for privacy information.
6/2/2022 • 13 minutes
ST: The Big Story, 1 June - What is long Covid?
Explaining long Covid to others is among the toughest challenges for sufferers, who need targeted help and rehabilitation while they slowly recover from symptoms such as fatigue, difficulty concentrating and chest pain.
Patients and doctors here call for greater awareness of the condition, which can affect one's personal life and workplace performance for the six months or more it takes for recovery.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with correspondent Akshita Nanda about the effects of long Covid.See omnystudio.com/listener for privacy information.
6/1/2022 • 4 minutes, 53 seconds
DBS Foundation extends grant programme to help SMEs
The search is on for small and medium-sized enterprises with innovative sustainability solutions that address issues such as energy consumption and waste, among others.
The DBS Foundation has launched a new grant programme for SMEs looking to kickstart their transition towards becoming more sustainable businesses.
In The Spotlight, Prime Time’s Bharati Jagdish spoke with Claire Wong, DBS Foundation to find out more.See omnystudio.com/listener for privacy information.
6/1/2022 • 16 minutes, 44 seconds
How companies can enable women to participate more fully in the workplace
As companies prepare for the changes brought about by the ‘future of work,’ what actions can businesses take to ensure that women can not only participate, but lead in the workplaces is under great concern. On SGExtra Prime Time’s Bharati Jagdish spoke with Max Loh, EY Singapore & Brunei to find out more.
Following the White Paper on Singapore Women’s Development, the Ministry of Social and Family Development launched the Celebrating SG Women Exhibition. It gives visitors a glimpse of how far women in Singapore have come from pre-independence, how they have succeeded in Singapore society today and the progress the nation will continue to make for the future. The exhibition aims to spur Singaporeans to build a fairer and more inclusive society, where men and women partner with each other as equals and pursue their aspirations freely and to the fullest.
It will be at Bukit Panjang Plaza from 28 May - 12 June. For more information on the exhibition, please visit http://go.gov.sg/celebratingsgwomen
See omnystudio.com/listener for privacy information.
6/1/2022 • 10 minutes, 8 seconds
Market View: A slower growth in USA market and how to continue investment in this environment
According to The Conference Board’s Consumer Confidence Survey, Americans see the jobs market as not being quite as strong as it was a few months ago. Weaker economic growth also continues to remain a reality. The US’ real GDP decreased at an annual rate of 1.5% in the first quarter of this year. Therefore, how to recalibrate investments in this environment is under great concern.
In Market View, Prime Time’s Bharati Jagdish spoke with Leonard Eng, TD Ameritrade Singapore to find out more.See omnystudio.com/listener for privacy information.
6/1/2022 • 10 minutes, 33 seconds
Singapore’s effort in energy transition and green industry development
Singapore is on a mission to build a new name as the global leader in sustainable energy solutions. The government has rolled out initiatives like the Low-Carbon Energy Research Funding Initiative to support R&D and demonstration projects in low-carbon energy technology solutions.
In The Spotlight, Prime Time’s Bharati Jagdish spoke with Professor Subodh Mhaisalkar, Nanyang Technological University to find out more.
See omnystudio.com/listener for privacy information.
5/31/2022 • 14 minutes, 20 seconds
Could you buy an open-plan HDB in the future & what to expect from May's BTO launch?
The Housing Board is considering offering open-plan flats to give home buyers flexibility. What does that that mean for the future of public housing here? And what do you need to know about May's BTO launch? More than 4,500 flats across five estates were launched on Friday, including two projects under the Prime Location Public Housing PLH model.
On Powering Your Property, Prime Time’s Bharati Jagdish spoke with Nicholas Mak, Head of Research & Consultancy, ERA Real Estate to find out. See omnystudio.com/listener for privacy information.
5/31/2022 • 13 minutes, 54 seconds
Retail investors should steer clear of crypto even as S'pore addresses risks without stifling innovation
Deputy Prime Minister Heng Swee Keat said on Tuesday that crypto assets are constantly evolving and highly risky, but have the potential to transform the future of finance.
Mr Heng was speaking at the opening of the second Asia Tech x Singapore Summit organised by the Infocomm Media Development Authority.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with Tech correspondent Rei Kurohi for highlights of that event. See omnystudio.com/listener for privacy information.
5/31/2022 • 3 minutes, 4 seconds
Woodlands Checkpoint expansion, replacement flats for Marsiling residents
Woodlands Checkpoint is about to get bigger with plans to expand the immigration checkpoint over 10 to 15 years. Nine HDB blocks in Marsiling Crescent/Lane will be acquired to make way for a further expansion of the Woodlands Checkpoint.
On SGExtra Prime Time’s Bharati Jagdish spoke with Isabelle Liew and Samuel Devaraj, journalists, The Straits Times to find out more.See omnystudio.com/listener for privacy information.
5/31/2022 • 8 minutes, 27 seconds
Highlights from Davos 2022: Global economic crisis and approaches of world leaders
After two years of recess, the World Economic Forum returned to Davos to discuss the mounting economic issues posed by the lingering pandemic and Ukraine-Russia war. Discussions on Ukraine were at the top of the agenda, with the Ukrainian President Volodymyr Zelenskyy’s address opening the meeting on Monday.
In The Spotlight, Prime Time’s Bharati Jagdish spoke with Pushan Dutt, Professor Economics Professor, INSEAD to find out more.See omnystudio.com/listener for privacy information.
5/31/2022 • 13 minutes, 13 seconds
ST: The Big Story, 30 May - Workers back to old habits as roads get jammed during peak hours again
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with Senior transport correspondent Lee Nian Tjoe about the return of traffic congestion as flexi-work arrangements are not sticking.
And what’s next for Singapore Airlines? The Big Story shares snippets of that conversation with ST’s News editor Karamjit Jaur and CEO of SIA, Goh Choon Phong.See omnystudio.com/listener for privacy information.
5/31/2022 • 4 minutes, 6 seconds
Russia's war in Ukraine, Shanghai aims for business as usual & the Queen's jubilee
This week marks 100 days since the Russian invasion began in Ukraine. And the Chinese city of Shanghai has announced plans to reopen gradually after spending more than six weeks in lockdown. In The Spotlight, Prime Time’s Bharati Jagdish spoke with Rob Hugh-Jones, Editor, BBC to find out more.See omnystudio.com/listener for privacy information.
5/31/2022 • 12 minutes, 47 seconds
What Malaysia's chicken export ban means for Singapore's food resilience? SG Extra
On SGExtra, Prime Time’s Bharati Jagdish spoke with Zakir Hussain, Singapore Editor, The Straits Times about Malaysia’s chicken export ban and what it means for the resilience of Singapore's food supply and its “30 by 30” goal.See omnystudio.com/listener for privacy information.
5/31/2022 • 10 minutes, 59 seconds
Approaches for better adaptation to workplaces in post-pandemic
As more countries proceed with gradual optimism, reflecting in their relaxation of measures and calling in workers back to the office, individuals have to figure out what works best for them.
In The Spotlight, Prime Time’s Bharati Jagdish spoke with Lynette Seow, Co-Founder and COO, Safe Space to find out more. See omnystudio.com/listener for privacy information.
5/26/2022 • 15 minutes, 21 seconds
Market View: Update on the current inflation situation and how investors should face it
A war between Russia and Ukraine has profoundly affected the global economy including the current inflation issue. With more and higher interest rate hikes on the horizon, recalibrating investment portfolios is among the top concerns.
In Market View, Prime Time’s Bharati Jagdish spoke with David Kuo, Co-founder, The Smart Investor to find out more. See omnystudio.com/listener for privacy information.
5/26/2022 • 16 minutes, 52 seconds
A future with AI adoption
From Apple’s Siri to self-driving cars, artificial intelligence is progressing rapidly. While science fiction often portrays AI as robots with human-like characteristics, AI can encompass anything from Google’s search algorithms to IBM’s autonomous weapons. But what will this rapid adoption of AI mean for us in the future?
On SGExtra Prime Time’s Bharati Jagdish spoke with Dr Anton Ravindran, author, "Will AI Dictate The Future" to find out more. See omnystudio.com/listener for privacy information.
5/26/2022 • 13 minutes, 18 seconds
ST: The Big Story, 26 May - 9 HDB blocks in Marsiling Crescent/Lane will be acquired for the expansion of Woodlands Checkpoint
Nine HDB blocks in Marsiling Crescent/Lane will be acquired to make way for a further expansion of the Woodlands Checkpoint. Flat owners will be offered the same benefits as those under the Selective En bloc Redevelopment Scheme.
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke with Christine Sun, senior vice-president of research and analytics, Orange Tee & Tie to weigh in on this development. See omnystudio.com/listener for privacy information.
5/26/2022 • 4 minutes, 54 seconds
Closing the funding gap of SMEs
According to the National Business Survey, there is growing optimism, with 8 in 10 firms confident about continuing operations in the coming year. But challenges remain, such as the humanitarian crisis in and around Ukraine, which has increased the risk of global stagflation. As a result, more than 85% of SMEs will prioritise consistent cash flow in 2022.
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Jeffrey Liu, Co-Founder & CEO, Jenfi to find out more. See omnystudio.com/listener for privacy information.
5/25/2022 • 15 minutes, 21 seconds
Market View: Singapore economy is expected to experience weakened external demand
Singapore's economy has expanded by 3.7 per cent with an uplift from manufacturing, finance and insurance, and professional services. The Ministry of Trade and Industry has kept its full-year growth forecast, but the print is “likely to come in at the lower half of the forecast range”.
In Market View, Prime Time’s Bharati Jagdish spoke with Economist at CIMB Private Banking, Song Seng Wun, Economist, CIMB Private Banking to find out more.
See omnystudio.com/listener for privacy information.
5/25/2022 • 13 minutes, 39 seconds
ST: The Big Story, 25 May - 19 Texas elementary students and 2 teachers killed by a teenage shooter
A teenage gunman murdered at least 19 children and two teachers after storming into a Texas elementary school on Tuesday, the latest bout of gun-fuelled mass killings in the US and the nation's worst school shooting in nearly a decade.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with mobile editor Jeremy Au Yong, who was ST’s US bureau chief from 2013 to 2016 to discuss gun policy in the US.See omnystudio.com/listener for privacy information.
5/25/2022 • 4 minutes, 50 seconds
Lack of green jobs to meet the demand of Asia-Pacific’s young worker
Young people in Asia Pacific aspire to a green job more than anywhere in the world. The idea of creating a better future has mass appeal to young people across the globe, but young people in APAC are particularly eager
On SGExtra Prime Time’s Timothy Go and Bharati Jagdish spoke with Alison Kennedy, Head of Strategy, Consulting and Sustainability, Southeast Asia, Accenture to find out more.
See omnystudio.com/listener for privacy information.
5/25/2022 • 12 minutes, 49 seconds
Tourism opportunities from Australian market
Two years after tourism in Singapore came to a halt, travellers are now getting back on planes as entry and Covid-19 quarantine regulations are lifted. Against this backdrop, Far East Hospitality has set its eyes on the Australian market to accelerate its growth.
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Arthur Kiong, Chief Executive Officer of Far East Hospitality to find out more. See omnystudio.com/listener for privacy information.
5/24/2022 • 14 minutes, 6 seconds
Market View: Updates on recent market movements and the factors powering them
Inflation, stagflation, food shortages resulting in food protectionism and in spite of all this, the local property market is seeing positive momentum.
In Market View, Prime Time’s Bharati Jagdish spoke with Terence Wong, CEO, Azure Capital to find out more.
See omnystudio.com/listener for privacy information.
5/24/2022 • 14 minutes, 14 seconds
ST: The Big Story, 24 May - Poultry stalls shut due to Malaysia’s ban on chicken export
Malaysia announced on Monday (May 23) that the country intends to stop exporting chickens in June. Some poultry sellers here said they may have to shut their stalls temporarily, while others expect a price hike of about 10 to 30 per cent.
Meanwhile, consumers The Straits Times spoke to said they are not worried and will turn to other meats or buy frozen chicken from other countries.
In The Straits Times’ The Big Story, Hairianto Dirman spoke with Malaysia bureau chief Shannon Teoh to discuss this development.See omnystudio.com/listener for privacy information.
5/24/2022 • 5 minutes, 37 seconds
New private home launches to drive market pick-up over 2022
In the wake of new cooling measures and the regular year-end slump, new private property sales here plunged 58% in Dec 2021 compared to Nov that same year. Private home prices grew at a slower pace, after December’s cooling measures, even as they rose for an 8th consecutive quarter to hit a historical high.
On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Desmond Sim, CEO, Edmund Tie to find out more. See omnystudio.com/listener for privacy information.
5/24/2022 • 9 minutes, 29 seconds
Market View: Southeast Asia's energy outlook 2022
High fuel prices are a major challenge for all of us. Experts say this should remind us of the need to invest in cleaner, more sustainable and more efficient technologies. But what are the challenges and how can they be overcome? On Market View, Prime Time's Bharati Jagdish spoke with Tim Gould, Chief Energy Economist, International Energy Agency to discuss solutions and opportunities in Southeast Asia’s energy sector. See omnystudio.com/listener for privacy information.
5/24/2022 • 15 minutes, 23 seconds
The world faces big challenges over Covid-19, monkeypox and wars
The spotlight is on Ukraine, where Russia continues to focus its attacks on the east of the country. And just as it’s beginning to feel like the worst of the pandemic is behind us, another virus has emerged. Cases of monkeypox are being investigated in several countries in Europe, as well as the US, Canada and Australia. For a closer look, Prime Time’s Timothy Go and Bharati Jagdish spoke with Pete Ross, Producer/Presenter, BBC.See omnystudio.com/listener for privacy information.
5/24/2022 • 14 minutes, 9 seconds
ST: The Big Story, 23 May - Singapore's core inflation hits 3.3% in April and is forecast to rise further
Singapore’s core inflation accelerated to 3.3% year-on-year in April from a previous 10-year high of 2.9 per cent in March, driven by higher energy and food costs.In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with UOB economist Barnabas Gan as he weighs in on the development.See omnystudio.com/listener for privacy information.
5/24/2022 • 5 minutes, 13 seconds
SG Extra with Zakir Hussain: Changi Airport Terminal 2 to reopen in phases from May 29
Changi Airport Terminal 2 will reopen progressively from May 29 as the air hub prepares to meet an expected increase in passenger traffic in the months ahead. When completed by 2024, the expansion works will raise the terminal's capacity by five million to 28 million passenger movements per year.
On SGExtra, Prime Time's Timothy Go and Bharati Jagdish spoke with Zakir Hussain, Singapore Editor, The Straits Times to find what the planned reopening of Changi airport’s Terminal 2 for the resumption of air connectivity here.See omnystudio.com/listener for privacy information.
5/24/2022 • 8 minutes, 52 seconds
Market View: China banks cut key rate by record to boost ailing economy
On Market View, Prime Time's Bharati Jagdish spoke with Geoff Howie, SGX Market Strategist to make sense of the week’s market sell-off and Chinese banks cutting a key interest rate for long-term loans by a record amount, a move that would reduce mortgage costs and may help counter weak loan demand caused by a property slump and Covid-19 lockdowns. The five-year loan prime rate, a reference for home mortgages, was lowered to 4.45% from 4.6%. See omnystudio.com/listener for privacy information.
5/23/2022 • 15 minutes, 45 seconds
Refreshed road map to help food services industry recover from pandemic
On SGExtra, Prime Times’s Timothy Go and Bharati Jagdish spoke with Anjali Raguraman, Consumer Correspondent, The Straits Times to find out about the exciting things restaurants and other food services firms can look to, under the refreshed industry transformation road map that was announced on May 19.See omnystudio.com/listener for privacy information.
5/23/2022 • 8 minutes, 34 seconds
Should you be asking for a pay raise?
According to a recent study, workers in Singapore have high expectations of being given a pay rise as costs of living increase amid a sharp labour crunch. In The Spotlight, Prime Times’s Timothy Go and Bharati Jagdish spoke with Adrian Choo, CEO, Career Agility International to find out if now is a good time to ask for a pay raise.See omnystudio.com/listener for privacy information.
5/23/2022 • 13 minutes, 2 seconds
ST: The Big Story, 20 May - Team Singapore bag 45 SEA Games gold medals, matching ST's forecast
With Singapore's trio of shooters Teh Xiu Hong, Teo Shun Xie and Amanda Mak clinching their second gold medal at the SEA Games on Friday (May 20) in the women's 10m air pistol team event, Team Singapore has secured 45 gold medals, hitting The Straits Times' forecast for the contingent before the Games began.
It also means Team Singapore have produced at least a third-best away showing at the SEA Games. The team may add more medals to their haul with the remaining events taking place over the weekend before the Games wrap up on Monday.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with Sports correspondent Sazali Abdul Aziz, who is covering the biennial meet in Hanoi, to find out more.See omnystudio.com/listener for privacy information.
5/20/2022 • 2 minutes, 45 seconds
It’s time for mental fitness in the workplace
Mental health in the workplace is top of mind for everyone these days. While a lot has changed about what we understand about mental health at work, and how widespread poor mental health is, it's worth taking a look at the basics.
In The Spotlight, Prime Time's Timothy Go and Bharati Jagdish spoke with Sanjeev Magotra, Founder and CEO of Joye to find out ways organisations can ensure workplace wellbeing.
See omnystudio.com/listener for privacy information.
5/19/2022 • 15 minutes, 50 seconds
Highly leveraged homeowners may face double whammy from inflation, housing supply
Owners of private residential properties here could be in for a perfect storm. According to a recent report, rising interest rates, growing inflationary pressures as well as an impending increase in the housing supply could create headwinds for homeowners relying on rental income and especially for those who are highly leveraged.
To find out how this can be mitigated, Prime Time’s Bharati Jagdish spoke with Nicholas Mak, Head of Research & Consultancy, ERA Real Estate.See omnystudio.com/listener for privacy information.
5/19/2022 • 12 minutes, 56 seconds
Will 'Buy Now, Pay Later' regulation turn the tide to banks?
A code of conduct for the "buy now, pay later" (BNPL) industry will be launched in the second half of this year.
BNPL transactions, where consumers make purchases on instalment, came to S$440 million in 2021, out of S$103 billion in credit and debit card payments overall.
On Tech Talk, Prime Time’s Timothy Go and Bharati Jagdish spoke with Andrew Burlison, Head of Payments, LexisNexis Risk Solutions on what the impending ‘Buy Now Pay Later’ regulation means for banks and other financial institutions.See omnystudio.com/listener for privacy information.
5/19/2022 • 10 minutes, 4 seconds
ST: The Big Story, 19 May - Joseph Schooling calls for 'national dialogue' on expectations placed on athletes serving NS
Swimmer Joseph Schooling had called this week for a "national dialogue" on national service, highlighting the need to manage the expectations of athletes who are undergoing NS.
In The Straits Times’ The Big Story, Hairianto Dirman spoke with Sports editor Lee Yulin to discuss her thoughts on Schooling's comments.See omnystudio.com/listener for privacy information.
5/19/2022 • 3 minutes, 48 seconds
Navigating dispute resolution in the digital economy
With business increasingly taking place across borders, disputes inevitably arise and must be resolved in the jurisdiction where the parties are based or are closely connected to. Since the start of Covid-19 pandemic, many of these cases have had to be heard online.
In The Spotlight, Prime Time's Timothy Go and Bharati Jagdish spoke with Chuan Wee Meng, CEO, Singapore International Mediation Centre and Josephine Hadikusumo, Managing Partner, CJ Liew & Co about dispute resolution in the digital economy.See omnystudio.com/listener for privacy information.
5/19/2022 • 17 minutes, 56 seconds
Climate change and its impact on food security within ASEAN region
Impact of climate change on food production, quality and affordability is profound in Singapore. A report by Oxford Economics and Food Industry Asia shows that rising prices of food in Southeast Asia is partly due to climate change.
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Duke Hipp, Public Affairs and Strategic Partnerships Director, CropLife Asia to discuss concern of food sustainability under the pressure of climate changeSee omnystudio.com/listener for privacy information.
5/18/2022 • 11 minutes, 53 seconds
ST: The Big Story, 18 May - Aviation witnesses a strong recovery
In The Straits Times’ The Big Story, Multimedia Journalist Hairianto Dirman spoke with Karamjit Kaur, News Editor and Willie Walsh, IATA Director-General to find out more the recovery level of aviation amid the reopening of travel worldwideSee omnystudio.com/listener for privacy information.
5/18/2022 • 6 minutes, 22 seconds
Market View: Updates on plans coping with inflation
Food prices and housing costs are on the rise due to global inflation. According to Federal Reserve Chair Jerome Powell, there is an expectation that inflation is in the process of retreat.
In Market View, Prime Time’s Bharati Jagdish spoke with David Kuo, Co-founder of The Smart Investor to find out more. See omnystudio.com/listener for privacy information.
5/18/2022 • 16 minutes, 46 seconds
Synergy’s solution to cope with disruptions from the pandemic
The learning curve of workers in the finance industry is becoming steeper. Plus, the pandemic has created more disruption which makes consumers re-assess their priorities and change the financial plans beyond wealth building.
On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Adrian Peh, Chief Executive Officer, Synergy Financial Advisers to find out more. See omnystudio.com/listener for privacy information.
5/18/2022 • 10 minutes, 35 seconds
Increase in green energy use and reactions from the related industries
It is expected that the global energy industry and market will shift to clean energy as its cost continues to decrease. Private and public sectors are urged to tackle such issues to ensure a resilient transition of energy for environmental sustainability. The World Economic Forum says that supercharge is essential for the pace of energy transitions.
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Jennifer Boscardin-Ching, Client Portfolio Manager, Pictet Asset Management to discuss investment in renewable energy.
See omnystudio.com/listener for privacy information.
5/17/2022 • 14 minutes, 30 seconds
Market View: Economy picture and possible recession risks in Asia
Non-oil exports cooled again in April, inflation and the prospect of more rate hikes, China's economic activity cooled sharply in April as well, adding to fears that the economy could shrink in the second quarter are the data we are going to analyse today to see the general the economy picture and recession risks in Asia.
In Market View, Prime Time’s Bharati Jagdish spoke with Song Seng Wun, Economist at CIMB Private Banking to find out more.
See omnystudio.com/listener for privacy information.
5/17/2022 • 16 minutes, 1 second
Endemic with a new working normal for commercial real estate
While many industries have been on their return to the pre-pandemic time, commercial real estate (CRE) will likely be changed forever.
On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Anshul Jain, Managing Director, India & SE Asia, Cushman & Wakefield to find out moreSee omnystudio.com/listener for privacy information.
5/17/2022 • 11 minutes, 19 seconds
ST: The Big Story, 17 May - Japan to start welcoming tourists on package tours from 4 countries, including S'pore
Japan will welcome foreign tourists on package tours from this month as part of a trial to see how well travel agencies can "manage behaviour", the Japan Tourism Agency said in a statement on Tuesday (May 17).
In The Straits Times’ The Big Story, Multimedia Journalist Hairianto Dirman spoke with Walter Sim, Japan Correspondent to find out more. See omnystudio.com/listener for privacy information.
5/17/2022 • 4 minutes, 2 seconds
Market View: Interest rate volatility and dollar strength curtail gold's performance in April
While gold is considered a hedge against inflation and a safe bet during economic and political turmoil, this isn’t being borne out today. We’ve been seeing gold retreat or see subdued action of late. It appears to be failing to garner momentum to the upside. No doubt, the dollar is weighing on this and rising US interest rates are having an impact. What’s next? On Market View, Prime Time's Bharati Jagdish spoke with Andrew Naylor, Regional CEO (APAC ex-China), and Public Policy, World Gold Council to find out. See omnystudio.com/listener for privacy information.
5/13/2022 • 13 minutes, 4 seconds
Singapore struggles to get cabs as city reopens
The surcharge for taxi trips starting from Changi Airport will be raised by $3 from next Thursday (May 19) until June 30, in a move to increase the supply of cabs for passengers there.
On SGExtra, Prime Time's Timothy Go and Bharati Jagdish spoke with Kok Yufeng, Transport Correspondent, The Straits Times to find out more. See omnystudio.com/listener for privacy information.
5/13/2022 • 9 minutes, 30 seconds
ST: The Big Story, 13 May - Toddler among 3 dead in Bedok North flat fire
Three people, including a three-year-old, have died in a fire that broke out in the living room of a flat in Bedok North on early Friday morning (May 13).
In The Straits Times' The Big Story, Assistant video editor Olivia Quay spoke with Journalist Jessie Lim to find out more. See omnystudio.com/listener for privacy information.
5/13/2022 • 3 minutes, 15 seconds
Market View: Do central bankers really know what they’re doing?
Do central bankers really know what they’re doing? US consumer prices in April jumped 8.3%, which was higher than expected and still running close to their 40-year high of 8.5%. Analysts are mixed on whether the data suggests inflation has hit a peak. Is the Fed moving fast and decisively enough to curb inflation? What about other central banks? In light of the recent US equity market sell-off, what will it take to curb volatility in the markets?
On Market View, Prime Time's Bharati Jagdish spoke with Gary Dugan, Chief Executive Officer, The Global CIO Office to find out. See omnystudio.com/listener for privacy information.
5/12/2022 • 9 minutes, 23 seconds
Content marketing: What is it and why is it so important for your business?
On Tech Talk, Prime Time’s Timothy Go and Bharati Jagdish catch up with Brian Fernandez, Managing Director & Co-Founder of Biztech.asia on the latest tech trends he’s tracking this week - content marketing. He’ll tell us why content marketing is important to businesses.See omnystudio.com/listener for privacy information.
5/12/2022 • 14 minutes, 3 seconds
It ain’t always easypeasy: Meet the entrepreneur behind EasyParcel
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Clarence Leong, Chief Executive Officer and Founder of EasyParcel about his entrepreneurial journey serving the e-commerce and logistics space.See omnystudio.com/listener for privacy information.
5/12/2022 • 15 minutes, 27 seconds
ST: The Big Story, 12 May - Surcharge for taxi rides from Changi Airport to be raised by $3 from May 19
The surcharge for taxi trips starting from Changi Airport will be raised by $3 from next Thursday until June 30, in a move to increase the supply of cabs for passengers there.
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke with Transport correspondent Kok Yufeng to discuss this announcement.See omnystudio.com/listener for privacy information.
5/12/2022 • 4 minutes, 15 seconds
Why sustainability matters in the fashion industry
Sustainability is arguably the biggest issue confronting fashion brands right now — no surprise considering the industry accounts for roughly 10% of global carbon dioxide emissions (more than international flights and shipping combined).
In The Spotlight, Prime Time's Timothy Go and Bharati Jagdish spoke with Nuholt Huisamen, Managing Director and Senior Vice President, to discuss Levi Strauss & Co.’s investment into ESG goals across the end-to-end apparel supply chain.See omnystudio.com/listener for privacy information.
5/11/2022 • 14 minutes, 43 seconds
Market View: China’s inflation in April heats up, tightening monetary policy, US CPI & stocks to watch
On Market View, Prime Time's Bharati Jagdish spoke with Terence Wong, CEO of Azure Capital about market movements this week, the situation in China where inflation has increased more than expected and the risk of a recession. See omnystudio.com/listener for privacy information.
5/11/2022 • 13 minutes, 15 seconds
ST: The Big Story, 11 May - Return to the office and how to deal with backstabbers, bad bosses and 'social rust'
In The Straits Times’ The Big Story, Assistant Video Olivia Quay spoke with journalist Amrita Kaur about tips on how to deal with the challenges of returning to the workplace.See omnystudio.com/listener for privacy information.
5/11/2022 • 3 minutes, 54 seconds
Talent attraction and retention in a post-pandemic world
Amid the tide of change in the past two years, one thing has remained the same, and that is the success of a company starts with its people. The launch of the inaugural Glints Best Employer Awards: Beyond Borders cements this belief by awarding trailblazing technology companies in Southeast Asia, Hong Kong, and Taiwan for their outstanding achievements in building and managing their talent in a post-pandemic world.
On Career360, Prime Time's Timothy Go and Bharati Jagdish spoke with Puay Lim Yeo, Commercial Director, Glints and John Tan, CEO, Doyobi join us on Career360 to talk about talent attraction and retention in a post-pandemic world.See omnystudio.com/listener for privacy information.
5/11/2022 • 12 minutes, 33 seconds
4 in 5 Singapore respondents plan to invest more amid strong concerns over inflation and rising costs:
Endowus has published a three-part report, “Endowus Wealth Insights” on 28 Apr 2022. The report provides an update on the firm’s overall performance across all investment portfolios in 2021, its business strategy and views on the general investment outlook for 2022, as well as trends and insights derived from a study of 680 Singapore respondents.
Some of the insights derived focused on respondents’ thoughts on financial-related worries and goals for 2022, current and future investing behaviours and sentiments, as well as the adoption rate of offline and online investment platforms and services.
In The Spotlight, Prime Time’s Timothy Go and Bharti Jagdish spoke with Gregory Van, CEO of Endowus to find out why 80% of Singaporeans intend to invest more this year amid strong concerns over inflation and rising costs. See omnystudio.com/listener for privacy information.
5/10/2022 • 13 minutes, 40 seconds
Market View: 88 more Chinese firms face US delisting & what this means for investors
Just last week, the US Securities and Exchange Commission added 88 US-listed Chinese firms to an enlarged list of companies that could be forced to delist from US exchanges. What does this mean for Chinese corporates and for investors? Should you be putting your money in these companies? Prime Time's Bharati Jagdish spoke with Zerlina Zeng, Senior Credit Analyst, CreditSights to find out.See omnystudio.com/listener for privacy information.
5/10/2022 • 13 minutes, 20 seconds
Will new ABSD rule on living trusts impact private housing market?
In Powering Your Property, Prime Time’s Timothy Go and Bharati Jagdish spoke with Nicholas Mak, Head of Research & Consultancy, ERA Realty to find out if the new ABSD rule on living trusts will have any impact private housing market, as well as his outlook for the residential property sector in Singapore. See omnystudio.com/listener for privacy information.
5/10/2022 • 11 minutes, 39 seconds
ST: The Big Story, 10 May - What the Marcos' return to power means for the Philippines
After waiting for more than 30 years, Ferdinand Marcos Jr is finally set to become the Philippines' 17th president.
By the early hours of Tuesday (May 10) morning, the 64-year-old son and namesake of the late dictator chalked up almost 30 million votes with over 94 per cent of the eligible ballots counted, surpassing the 27.5 million votes needed for a majority.
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke with Philippines correspondent Raul Dancel as he weighs in on Mr Marcos Jr's victory.See omnystudio.com/listener for privacy information.
5/10/2022 • 8 minutes, 31 seconds
What does Putin have planned on Russia’s Victory Day?
In The Spotlight, Prime Time's Timothy Go and Bharati Jagdish spoke with Rob Hugh-Jones, Editor, BBC to find out more about the headlines he's watching in the week ahead including Putin's Victory Day speech, the Philippines election and the presidential inauguration of South Korea's Yoon Suk-yeol.See omnystudio.com/listener for privacy information.
5/9/2022 • 13 minutes, 35 seconds
SG Extra with Zakir Hussain: Permanently banning cheating trainee lawyers from the Bar may be too harsh a penalty
On SGExtra, Prime Time's Timothy Go and Bharati Jagdish spoke with Zakir Hussain, Singapore Editor at The Straits Times for a recap from Parliament., including updates on the recent revelations that 11 aspiring lawyers had cheated in the 2020 Bar exam known as Part B. They also discuss the relaxed Covid-19 restrictions announced on April 22 and what that means for Singapore going forward.See omnystudio.com/listener for privacy information.
The ASEAN region, no doubt, has been affected by several external macro headwinds, including the Fed rate hikes, higher commodity prices, and supply chain disruptions in China. In addition, at least one economy is also in political transition right now - the Philippines where Filipinos are going to the polls to choose their next President. What’s the outlook for the region? In spite of the challenges, what are the opportunities available?On Market View, Prime Time's Bharati Jagdish spoke with Jason Liu, Head Chief Investment Office APAC at Deutsche Bank International Private Bank to find out. See omnystudio.com/listener for privacy information.
5/9/2022 • 11 minutes, 45 seconds
Building a renewable energy start-up: Inside one founder's journey
With global energy shortages and the urgency of climate action, the transition to clean energy is ramping up. There are many forms of renewable energy, from wind to hydrogen and solar to biomass, but the common denominator across all are leaders and founders behind the scenes willing to invest their lives in driving positive climate action.But what is that journey like as a start up looking to secure funding and tap into the sector?
In The Spotlight, Prime Time's Timothy Go and Bharati Jagdish spoke with Dr Avishek Kumar, Co-founder and CEO of VFlowTech to find out.See omnystudio.com/listener for privacy information.
5/6/2022 • 10 minutes, 27 seconds
Market View: China’s ‘zero tolerance’ tests growth and the renminbi
China’s zero-Covid policy is continuing to slow its economy and fuel anxiety. How sustainable is this policy amid state media reports that say the government might soon reveal more policies intended to rescue the economy?
On Market View, Prime Time's Bharati Jagdish spoke with Jean-Louis Nakamura, Chief Investment Officer at Lombard Odier Asia Pacific for his outlook on China.See omnystudio.com/listener for privacy information.
5/6/2022 • 14 minutes, 38 seconds
How to get the most out of CPF retirement payouts?
Median Central Provident Fund payouts grew about 25 per cent from 2019 to 2021, on the back of higher incomes, stronger labour force participation and enhancements to the CPF system.
On SGExtra, Prime Time's Timothy Go and Bharati Jagdish spoke with Sue-Ann Tan, Business Correspondent, The Straits Times to share more about the findings from the CPF Board in a trend report.See omnystudio.com/listener for privacy information.
5/6/2022 • 6 minutes, 58 seconds
ST: The Big Story, 6 May - 31st edition of the SEA Games is set to kick off on May 12
The 31st edition of the SEA Games is set to kick off in a week's time on May 12.
As part of The Straits Times' coverage ahead of the biennial multi-sport event, we shine the spotlight on five athletes who are making their debut at the event, starting with teen sprinter Marc Louis.
Multimedia Journalist Harianto Dirman also spoke to Sports correspondent Sazali Abdul Aziz to find out more about the event.See omnystudio.com/listener for privacy information.
5/6/2022 • 5 minutes, 20 seconds
Accelerating action against climate change & Singapore's climate ambitions
The Singapore International Water Week and the CleanEnviro Summit Singapore made its physical return in April to tackle pressing and pertinent issues in the water and urban environmental space.
Against the backdrop of COP26 and recent Intergovernmental Panel on Climate Change (eports calling for urgent action towards mitigation and adaptation of climate change effects, the programs were designed to drive synergistic exchange and accelerate action against climate change.
In The Spotlight, Prime Time's Bharati Jagdish and Timothy Go spoke with Ryan Yuen, Managing Director, Singapore International Water Week and Dalson Chung, Managing Director, CleanEnviro Summit Singapore to find out more.See omnystudio.com/listener for privacy information.
5/6/2022 • 13 minutes, 10 seconds
How the eGovernment solution helped Mongolia save $23 million
In Tech Talk, Prime Time's Timothy Go and Bharati Jagdish spoke with Bolor-Erdene Battsengel, State Secretary of the Ministry of Digital Development and Communications of Mongolia on how eGovernment solutions can improve processes for citizens and government employees, as well as help save money, increase transparency, and accelerate digital transformation. See omnystudio.com/listener for privacy information.
5/5/2022 • 13 minutes, 52 seconds
Penfolds launches 2018 Superblend Imperial Duo for NFT wine auction
In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Kristy Keyte, Chief Marketing Officer, Penfolds to find out why this wine maker is venturing into the NFT space and what that means for the future of the wine and spirits industry.See omnystudio.com/listener for privacy information.
5/5/2022 • 8 minutes, 49 seconds
Market View: Fed rate hike, what’s next and how might external factors influence the path ahead?
The Federal Reserve raised its benchmark interest rate Wednesday by half a percentage point, or 0.5%, the largest increase in more than two decades. This increase brings the so-called federal funds rate to a range of 0.75% to 1%.On Market View, Prime Time's Bharathi Jagdish spoke with Taimur Baig, Chief Economist & Managing Director, DBS Bank to find out what’s next and how might external factors influence the path ahead?See omnystudio.com/listener for privacy information.
5/5/2022 • 14 minutes, 25 seconds
ST: The Big Story, 5 May - CPF payouts increased by 25% from 2019 to 2021, set to keep growing for future cohorts
According to a trends report by the CPF Board, CPF monthly payouts have increased with each successive cohort and are set to keep going up for future cohorts as well.In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke to Business correspondent Sue-Ann Tan about these findings.See omnystudio.com/listener for privacy information.
5/5/2022 • 4 minutes, 1 second
Prudential Poll on SME Owners & Employees: 9 in 10 employees want employers to provide medical benefits
On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Dennis Tan, CEO, Prudential to find out why medical benefits and digitalization are important considerations for most SME employees.See omnystudio.com/listener for privacy information.
5/4/2022 • 11 minutes, 4 seconds
Market View: What to know as the Fed embarks on its biggest fight against inflation in years
The Federal Reserve is about to deliver its biggest punch yet in the fight against surging inflation. Policymakers are widely expected to raise interest rates by half a percentage point, the largest rate hike in more than two decades.On Market View, Prime Time's Bharati Jagdish spoke with Jeff Halley, Senior Market Analyst, APAC at OANDA to discuss all about rates and their impact. See omnystudio.com/listener for privacy information.
5/4/2022 • 11 minutes, 25 seconds
ST: The Big Story, 4 May - S'pore's Covid-19 situation 'best it has been' since start of pandemic, says expert
Singapore enjoyed its first long weekend since the authorities eased Covid-19 restrictions. The buzz of activities comes as daily cases here continue to decline since peaking in February.In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke to Associate Professor Alex Cook, vice-dean of research at NUS' Saw Swee Hock School of Public Health, as he weighs in on this development.See omnystudio.com/listener for privacy information.
5/4/2022 • 7 minutes, 6 seconds
What is Europe's energy alternative as Russian gas is off the cards?
Russia halts gas supplies to Poland and Bulgaria. The long-feared move marks a dramatic escalation of Moscow’s bid to weaken the collective resolve of Ukraine’s allies as they send more weapons to help Kyiv fight. But why does it matter? In The Spotlight, Prime Time's Timothy Go and Bharati Jagdish spoke to Pushan Dutt, Professor of Economics, INSEAD to find out. See omnystudio.com/listener for privacy information.
4/29/2022 • 11 minutes, 48 seconds
Forex Fridays: The Fed's Next Meeting, European Hawks, and Ringgit Softness
The month of April ended with markets bracing for the Federal Reserve's early May decision where many expect officials to enact an outsized 50 basis point rate hike, that could boost the greenback's outlook. And while more ECB officials have been sounding out rate hikes that may end the decade-long negative rate regime in Europe - -what happened to the Ringgit in April? Peter Chia, Senior FX Strategist at UOB, joined us once again on Forex Fridays, to discuss.See omnystudio.com/listener for privacy information.
4/29/2022 • 14 minutes, 7 seconds
Retrenchments hit 24-year record low in Q1 amid tight labour market
Singapore sees record low retrenchments and continued total employment growth in the first quarter of 2022 as economic recovery drives hiring demand. In SGExtra, Prime Time's Timothy Go and Bharati Jagdish spoke to Tay Hong Yi, Journalist, The Straits Times to find out more about the Ministry of Manpower's preliminary labour market report released on Thursday (Apr 28)See omnystudio.com/listener for privacy information.
4/29/2022 • 9 minutes, 12 seconds
2022 calls for radical climate action from businesses
In The Spotlight, Prime Time's Timothy Go and Bharathi Jagdish spoke to Janda Campos, Group Director, Sustainability Engagement, Grundfos on the need for businesses to effectively and efficiently manage water and energy use to address the rising concerns over climate changeSee omnystudio.com/listener for privacy information.
4/29/2022 • 9 minutes, 36 seconds
ST: The Big Story, 29 Apr - Expect more mass Covid-19 tests and lockdowns in China
In a clear indication that China will not be loosening its tight Covid-19 restrictions any time soon, the National Health Commission said it will try to "run faster than the virus" with more mass tests and targeted lockdowns.
In a press conference on Friday, the commission said China has had successful experiences with its dynamic zero-Covid policy, which is the best choice to maintain social and economic development.
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke to China correspondent Danson Cheon about these developments.See omnystudio.com/listener for privacy information.
4/29/2022 • 5 minutes, 58 seconds
ST: The Big Story, 28 Apr - Punishment for trainee lawyers who cheated in Bar exam 'not too lenient', says lawyer
A spokesman for the Attorney-General's Chambers says redacting the names of the 6 aspiring lawyers who had cheated in the 2020 Bar examination would cast a cloud on all candidates.
This was in response to queries as to why the Attorney-General had asked the High Court to rescind an earlier order to redact the names of the six trainees.In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke to Lawyer Justin Chan, who is also a senior partner at law firm Tito Isaac & Co on this development.See omnystudio.com/listener for privacy information.
4/28/2022 • 5 minutes, 13 seconds
Tablet market in Asia grows as pandemic leads to new demand surge
On Tech Talk, Prime Time's Timothy Go and Bharati Jagdish spoke to Jennifer Kwan, senior market analyst for IDC's Asia/Pacific Client Devices Research Group about the rise of the tablet market which is set for a new lease of life thanks to the pandemic, bringing more players into the segment.See omnystudio.com/listener for privacy information.
4/28/2022 • 11 minutes, 8 seconds
The Busy End to April for Singapore's Markets
The last days of April were busy ones for Singapore's markets. Apart from Keppel Offshore & Marine and Sembcorp Marine announcing plans to merge, Yangzhijiang Shipbuilding spun off its financial unit, which then began trading on the SGX on April 28. Terence Wong, CEO of Azure Capital, joined us once again on Prime Time to talk about these 2 major events, and also what he's looking out for ahead of the 1Q earnings of Singapore's Big 3 banks.See omnystudio.com/listener for privacy information.
4/28/2022 • 13 minutes, 39 seconds
Making sustainable finance agenda mainstream
Sustainability is the new buzzword in business and finance, but what will it really take to make sustainable finance and impact investing the norm? Prime Time’s Timothy Go and Bharati Jaddish discuss mainstreaming the Sustainable Finance agenda with Helene Li, CEO and Co-founder, GoImpact on Eco Money.See omnystudio.com/listener for privacy information.
4/27/2022 • 9 minutes, 46 seconds
What do you need to know about travelling more sustainably?
What do you know about carbon air miles or slow tourism? These are just some of the factors that can help you travel more sustainably. Prime Time’s Timothy Go and Bharati Jagdish find out more from Liang Lei, Correspondent, Eco Business in Sustainable Singapore.See omnystudio.com/listener for privacy information.
4/27/2022 • 9 minutes, 35 seconds
ST: The Big Story, 27 Apr - Can S'pore restaurants cope with labour crunch as Covid-19 rules ease?
F&B establishments are bracing themselves for the return of dine-in crowds with the lifting of group size limits and the cap on workers allowed to return to the workplace.In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke to Andrew Chan, honorary treasurer of the Restaurant Association of Singapore, on the labour crunch that restaurants are facing and what they are doing to cope with the issue.See omnystudio.com/listener for privacy information.
4/27/2022 • 4 minutes, 19 seconds
Across the ASEAN: Can Indonesia Sustain Strong Gains This Year?
The Jakarta Composite Index has been on a roll, rising by as much as 10% since the start of the year, and buoyed by the commodities boom that's seen Indonesian exports surge, and miners in the resource-rich nation thrive. But might China's COVID-19 lockdowns thwart the commodities boom and end the good times for Indonesia's stocks? How are rising costs impacting the average Indonesian? And will the recent export ban on palm oil curb higher cooking oil prices? John Rachmat, Chief Strategist for PT Pinnacle Investments, joined us on Across the ASEAN to discuss Indonesia's strong gains, and how one of their funds was able to outperform the Jakarta benchmark.See omnystudio.com/listener for privacy information.
4/27/2022 • 15 minutes, 28 seconds
Can Gold Sustain Its Solid Start to the Year?
With strong gains bolstered by safe haven demand and investors seeking inflation hedges, 2022 may finally be gold's year to shine. But with rising interest rates and a strengthening dollar, could gold's solid start to the year fade? Robin Tsui, Gold ETF Strategist at State Street Global Advisors, joined us on Prime Time to share his outlook on the precious metal.See omnystudio.com/listener for privacy information.
4/27/2022 • 12 minutes, 24 seconds
ST The Big Story, 26 Apr - Safe distancing and SafeEntry no longer required as S'pore lifts most Covid-19 rules
Singapore's Central Business District regained a semblance of normalcy on Tuesday morning (April 26), with all workers allowed to return to the workplace following a major relaxation of Covid-19 rules.
Gone are the lines of people waiting outside office buildings and malls to do SafeEntry check-ins.
In The Straits Times' The Big Story, Multimedia Journalist Hairianto Dirman spoke to Dr Leong Hoe Nam, an infectious diseases specialist from the Rophi Clinic on this development.See omnystudio.com/listener for privacy information.
4/26/2022 • 6 minutes, 16 seconds
Q1's Encouraging Real Estate Performance Builds for an Optimistic Year Ahead
What impact will the ongoing geopolitical uncertainties, supply chain disruptions, inflationary pressures and pressure on interest rates have on the property market here? In Powering Your Property, Prime Time’s Timothy Go and Melissa Hyak spoke to Desmond Sim, CEO, Edmund Tie to find out if the overall real estate sector will remain resilient this year.See omnystudio.com/listener for privacy information.
4/26/2022 • 6 minutes, 45 seconds
France's Macron wins new term after far-right battle
Emmanuel Macron has become the first French president to be re-elected in 20 years. Macron won 58 percent of the votes while Le Pen won nearly 42 percent. Marie Le Pen has promised she would not abandon the French people, though it is the third time France has rejected her far-right politics.
In The Spotlight, Prime Time's Timothy Go and Melissa Hyak spoke to Pete Ross, Producer/Presenter, BBC for more on the results.See omnystudio.com/listener for privacy information.
4/25/2022 • 12 minutes, 3 seconds
ST: The Big Story, 25 Apr - 1,600 HDB flats, integrated sports facilities to be built in Farrer Park
Around 1,600 new HDB flats will be built on a 10ha site in Farrer Park, and integrated with sports and recreational facilities including a new sports centre. The Build-To-Order projects will be launched for sale within three years.
In a nod to the area's rich sporting heritage, about 20 per cent of the site will be set aside as open spaces for sports and recreational uses, including a 1.2ha central green space comprising a field and a park.
In The Straits Times' The Big Story, Multimedia Journalist Hairianto Dirman spoke to Sports correspondent Sazali Abdul Aziz about the reactions from the sporting community to these plans.See omnystudio.com/listener for privacy information.
4/25/2022 • 4 minutes, 11 seconds
Breaking Down Singapore's Rising Inflation
Singapore inflation jumped 5.4% in March - -its highest since 2012. Song Seng Wun, Economist at CIMB Private Banking, joined us on Prime Time to discuss the numbers, how big a part rising wages and surging energy costs played in the inflation print, how effective the MAS' recent tightening measures may be in helping Singaporeans weather the inflation, and if the price of beer at his neighbourhood pub has already risen. See omnystudio.com/listener for privacy information.
4/25/2022 • 12 minutes, 2 seconds
The Great Resignation: How the global phenomenon is hitting Singapore
First coined in 2021 in the US, the 'Great Resignation' implies a global workforce trend where millions of employees are voluntarily leaving their jobs, having borne the worst of the pandemic with their current employers. It seems what is typically being seeing as a Western phenomenon is now hitting close to home. In The Spotlight, Prime Time's Timothy Go and Melissa Hyak poke to Adrian Choo, CEO, Career Agility International to find out more.See omnystudio.com/listener for privacy information.
4/22/2022 • 9 minutes, 26 seconds
Can Singapore become a regional hydrogen hub amid the energy crisis?
The surge in energy prices is causing nations to rethink their energy security and dependency on fossil fuels. What are the green alternatives? Will Singapore need nuclear power to meet its climate goals and build a low-carbon, prosperous economy? On SGExtra, Prime Time's Timothy Go and Melissa Hyak spoke to Shabana Begum, Journalist, The Straits Times.See omnystudio.com/listener for privacy information.
4/22/2022 • 8 minutes, 37 seconds
Forex Fridays: The MAS' Recent Tightening Move and Recent Yuan & Yen Weakness
A week after the Monetary Authority of Singapore enacted a one-two punch in raising the slope of the SGD's NEER rate and its midpoint, how effective will this be in helping head off inflationary pressures in Singapore? And will potential strength be blunted if other central banks also tighten their monetary policy settings? Jeff Ng, Senior Currency Analyst at MUFG, joined us on Forex Fridays to talk about how this is shaping their outlook on the Singapore Dollar, and also what he makes of recent weakness facing the Chinese Yuan and the Japanese Yen.See omnystudio.com/listener for privacy information.
4/22/2022 • 12 minutes, 57 seconds
What makes Singapore American School a great place to work
Singapore American School is ranked among Singapore's best employers in 2022, according to a list compiled by The Straits Times and global research firm Statista.
In The Spotlight, Prime Time's Timothy Go spoke to Tom Boasberg, Superintendent, Singapore American School to find out why they're ranked as one of the best employers in Singapore.See omnystudio.com/listener for privacy information.
4/21/2022 • 10 minutes, 22 seconds
Checking China's Risks
The resurgence of COVID-19 infections across China and Hong Kong that resulted in fresh lockdowns has provided even more headwinds for Chinese markets that are already subject to regulatory headwinds for the tech space, woes in the property sector, and higher factory gate prices, to name a few. Brock Silvers, CIO of Kaiyuan Capital, joined us on Prime Time to discuss the economic impact of recent lockdowns, and if the sun might shine on Chinese stocks that have been battered since the start of the year.See omnystudio.com/listener for privacy information.
4/21/2022 • 14 minutes, 55 seconds
Eco Money: Here's what you can do in 24 hours to invest in our earth's future
More than half a century after its establishment in 1970, Earth Day is coming up tomorrow. And on Eco Money, Prime Time’s Timothy Go and Melissa Hyak spoke to Yien Li Yap, the Country Lead for OLIO Singapore to find out how you can ‘invest in our planet’ this Earth Day.See omnystudio.com/listener for privacy information.
4/20/2022 • 8 minutes, 53 seconds
ST: The Big Story, 20 Apr - MP Baey Yam Keng and his wife on battling cancer and effects of stroke
This week, The Big Story’s Living Well segment features MP for Tampines GRC Baey Yam Keng and his wife, Ms Lim Hai Ye.
The couple leaned on each other for support after she was diagnosed with aphasia and he with nose cancer.
They share how they have coped with their illnesses with Multimedia Journalist Hairianto Dirman.See omnystudio.com/listener for privacy information.
4/20/2022 • 7 minutes, 18 seconds
Turning pineapple leaves into clothes? Kickstarting the next evolution in sustainable fashion
While most of the talk around climate change revolves around energy consumption and transportation, the apparels industry alone accounts for roughly one-tenth of global carbon emissions. Much of this can be attributed to synthetic fabrics, which makes up over two thirds of all materials used in textiles.
On Sustainable Singapore, Prime Time’s Timothy Go and Melissa Hyak spoke to Harold Koh, Founder & CEO, Nextevo, a Singapore based sustainability startup which transforms agricultural waste into sustainable textiles.See omnystudio.com/listener for privacy information.
4/20/2022 • 8 minutes, 33 seconds
Across the ASEAN: How Inflation Might Hit ASEAN Markets
A number of markets across Southeast Asia are seeing inflationary pressures clash against reopening economies that are looking to bounce back from the effects of the COVID-19 pandemic over the last 2 years. And Indonesia is also facing rising price pressures despite reaping benefits from surging commodity prices boosting exports. Rajiv Batra, JPMorgan's Chief Southeast Asia Strategist, joined us on Across the ASEAN to discuss how inflation is shaping his outlook for certain markets in the region.See omnystudio.com/listener for privacy information.
4/20/2022 • 13 minutes, 26 seconds
The race to be the next president of France enters the final stretch
A run-off of the French presidential election is set for April 24. Will France give Emmanuel Macron five more years or send a new president to the Élysée Palace?
In The Spotlight, Prime Time’s Timothy Go and Melissa Hyak spoke to Douglas Webber, Emeritus Professor of Political Science at INSEAD for the latest from the French Presidential elections.See omnystudio.com/listener for privacy information.
4/19/2022 • 8 minutes, 50 seconds
Of World Bank Downgrades and Inflation Worries
The World Bank cut its outlook on Global GDP growth to just 3.2%, citing risks related to the Russia-Ukraine war, inflation, and COVID-19 concerns. Heng Koon How, UOB's Head of Markets Strategy, joined us on Prime Time again to provide a mid-month check on how this is shaping the economic and market outlook, and what investors can do to mitigate these risks.See omnystudio.com/listener for privacy information.
4/19/2022 • 12 minutes, 17 seconds
Technology Transforming Commercial Real Estate
In Powering Your Property, Prime Time’s Timothy Go and Melissa Hyak spoke to Tommy Crowley, Global Director of APAC at WiredScore about technology transforming the commercial real estate sector, as well as the role of smart and sustainable buildings to the office of tomorrow in Singapore.See omnystudio.com/listener for privacy information.
4/19/2022 • 10 minutes, 9 seconds
ST: The Big Story, 19 Apr - Patrons sing their hearts out as karaoke studios reopen |
Family-style karaoke chain Teo Heng is back on song again, with its reopening on Tuesday (April 19) drawing students, married couples who took the day off, and long-time regulars to its Suntec City outlet.
The branch, which has 19 rooms, is already fully booked till June, such is the pent-up demand for belting out tunes, and despite Teo Heng raising prices at all its four outlets.
Meanwhile, nightclubs are also allowed to reopen their doors on Tuesday, though most are not in a rush to do so.
In The Straits Times' The Big Story, Multimedia journalist Hairianto Dirman spoke to Nasen Thiagarajan, president of the Singapore Nightlife Business Association, discusses the challenges faced by these establishments when it comes to reopening.See omnystudio.com/listener for privacy information.
4/19/2022 • 3 minutes, 18 seconds
In The Spotlight: The MAS' Dual Action to Tame inflation
After raising their inflationary outlook for the year- - the Monetary Authority of Singapore introduced not one, but two, measures to support the Singapore Dollar in an effort to tame inflation. Michelle Jamrisko, Bloomberg's Senior Asia Economy Reporter, joined us on In The Spotlight, to discuss the MAS' One-Two punch, its unique approach to containing inflation through the local currency, and broad inflationary trends across the region.See omnystudio.com/listener for privacy information.
4/18/2022 • 15 minutes, 10 seconds
SG Extra with Zakir Hussain: When will Lawrence Wong take over from PM Lee?
Finance Minister Lawrence Wong has been named as the leader of the fourth generation of Singapore's political leadership, paving the way for him to become the country's next Prime Minister.
On SGExtra, Prime Time's Timothy Go and Melissa Hyak spoke to Zakir Hussain, Singapore Editor, The Straits Times to find out what's next.See omnystudio.com/listener for privacy information.
4/18/2022 • 8 minutes, 34 seconds
ST: The Big Story, 18 Apr - Only 13% of S'pore's domestic waste was recycled in 2021, even as households throw out more rubbish
The National Environment Agency said in a report on Monday that households generated 1.82 million tonnes of waste in 2021, up from 1.77 million tonnes in 2020.
For both years, only 13% of domestic waste was recycled. Between 2017 and 2019, the domestic recycling rate hovered between 17 per cent and 22 per cent.
In The Straits Times’ The Big Story, Multimedia Journalist Hairianto Dirman spoke to Journalist Shabana Begum to find out more about the report.See omnystudio.com/listener for privacy information.
4/18/2022 • 5 minutes, 8 seconds
Is A China Economic Slowdown Still On The Cards?
China's economy grew by 4.8% in the 1st quarter. And while that was above what economists were expecting, there are still signs that the world's second largest economy may be slowing down. Tommy Wu, Lead Economist for Oxford Economics, joined us on Prime Time to share his thoughts on China's GDP print, what effects it may have on vulnerable economies in the region, and expectations of further policy easing by the PBOC.See omnystudio.com/listener for privacy information.
4/18/2022 • 14 minutes, 7 seconds
Recapping Advanced 1Q GDP Figures and the MAS' One-Two Punch
Advanced figures for Singapore's 1Q GDP showed that the economy grew by 3.4% in the 1st 3 months of the year, missing consensus estimates. On top of that, the Monetary Authority of Singapore enacted not one, but two, tightening measures while raising their inflation outlook for the year. On Prime Time, JP Ong spoke to Selena Ling, Chief Economist and Head of Treasury Research & Strategy at OCBC, to get her reaction to the numbers.See omnystudio.com/listener for privacy information.
4/14/2022 • 12 minutes, 49 seconds
How to promote sustainable travel behavior in the post Covid-19 world
Rebuilding travel sustainably in the wake of the pandemic has become a priority for the industry. Changing travel habits, new technologies and subsidies for biofuels are key enablers.
Prime Time's Timothy Go and Melissa Hyak spoke to Nicola Eliot, Vice President, BBC StoryWorks to find out more about sustainable and responsible travel.See omnystudio.com/listener for privacy information.
4/14/2022 • 11 minutes, 7 seconds
ST: The Big Story, 14 Apr - S'pore makes aggressive move to tighten monetary policy to fight inflation
Singapore's central bank tightened its monetary policy on Thursday (April 14) for the third time since October in a double-barrelled move to combat inflation that is expected to heat up.
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke to Irvin Seah, a senior economist at DBS Bank on whether the move signals another round of tightening in the coming months. He also shares what it means for Singapore's trade-reliant economy.See omnystudio.com/listener for privacy information.
4/14/2022 • 6 minutes, 46 seconds
Eco Money: Why agrifoodtech investment is exploding
Investors’ interest in agritech startups has increased tremendously today as agritech is one of the few sectors that not only survived but thrived during the pandemic.On Eco Money, Prime Time’s Timothy Go and Melissa Hyak spoke to John Friedman Executive Director, AgFunder Asia & GROW Accelerator on the agritech trends he’s keeping an eye on in 2022.See omnystudio.com/listener for privacy information.
4/13/2022 • 5 minutes, 28 seconds
Across the ASEAN: The Philippine Economy and Its Inflation Vulnerabilities
The Philippine economy is said to be one of the most sensitive in the region to inflationary pressures, and with surging prices worldwide compounded by recent volatility in energy markets, just what sort of risks do these pose for the Philippines? Rob Ramos, Head of Trust and Investments at RCBC, joined us on Across the ASEAN to discuss how inflation's hitting markets and everyday life in Manila, and if there's still a reason to be confident for Philippine markets this year.See omnystudio.com/listener for privacy information.
4/13/2022 • 11 minutes, 49 seconds
ST: The Big Story, 13 Apr - SG Arrival Card no longer needed for vaccinated S'pore residents, long-term pass holders arriving from Johor
From Friday (April 15), fully vaccinated Singaporeans, permanent residents and long-term pass holders will no longer need to fill up the SG Arrival Card - an electronic health declaration - when entering the country via the Woodlands and Tuas land checkpoints.
In The Straits Times’ The Big Story, Assistant Video Editor Olivia Quay spoke to Transport correspondent Toh Ting Wei to find out why this requirement is only waived at the land checkpoints with Johor, and not at Singapore’s air and sea borders.See omnystudio.com/listener for privacy information.
4/13/2022 • 4 minutes, 33 seconds
The Latest Trends from Refinitiv's 2022 Wealth Management Report
Refinitiv's 2022 Wealth Management Report surveyed a number of investors across the world to try and pick up the latest trends and needs of investors across different demographics and regions, finding similarities in terms of a growing interest in ESG, and balancing an embrace of technological trends with the need for the "human touch" in the industry. Sabrina Bailey, Global Head of Wealth, Data, and Analytics at LSEG, the parent company of Refinitiv, joined us on Prime Time to discuss the report's findings.See omnystudio.com/listener for privacy information.
4/12/2022 • 13 minutes, 3 seconds
Powering Your Property: Tips for your home renovation journey
In Powering Your Property, Prime TIme’s Timothy Go and Melissa Hyak spoke to James Soh, CEO and Founder of Renopedia on the interior design trends he observed during the pandemic, as well as helping homeowners navigate their renovation journey.See omnystudio.com/listener for privacy information.
4/12/2022 • 6 minutes, 32 seconds
ST: The Big Story, 12 Apr - First HDB BTO project in Greater Southern Waterfront to be launched within three years
Around 6,000 Housing Board flats will be built on the Keppel Club site in the Greater Southern Waterfront, with the first Build-To-Order project to be launched for sale within three years.
These units are part of the 9,000 homes that will be built on the 48ha site which will offer unique waterfront living that is close to nature, announced National Development Minister Desmond Lee on Tuesday (April 12).
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke to Housing correspondent Michelle Ng on the significance of the site, as well as the new green spaces the public can expect to see in the area.See omnystudio.com/listener for privacy information.
4/12/2022 • 5 minutes, 28 seconds
SG Extra with Zakir Hussain: Major sports events back in Singapore
The return of major sports events to Singapore this year could see the recovery of the event ecosystem happening sooner than expected.
Big events such as the upcoming OCBC Cycle 2022 and Formula 1 Singapore Grand Prix, could also spur the economy through the creation of new jobs across sectors.
On SGExtra, Prime Time's Timothy Go and Melissa Hyak spoke to Zakir Hussain, Singapore Editor at The Straits Times for more insights.See omnystudio.com/listener for privacy information.
4/11/2022 • 5 minutes, 14 seconds
In The Spotlight: France's Macron and Le Pen head for cliffhanger April 24 election runoff
French leader Emmanuel Macron and challenger Marine Le Pen qualified on Sunday for what promises to be a very tightly fought presidential election runoff on April 24.In The Spotlight, Prime Time’s Timothy Go and Melissa Hyak spoke to Rich Preston, Senior World News Reporter and Presenter, BBC on what to expect next from the French elections, as well as other global headlines he’s tracking in the week ahead.See omnystudio.com/listener for privacy information.
4/11/2022 • 10 minutes, 43 seconds
ST: The Big Story, 11 Apr - Sentosa reviewing long-term plans in wake of Covid-19 pandemic
The masterplan to redevelop Sentosa and Pulau Brani into a choice tourist destination will be reviewed to account for trends arising from the Covid-19 pandemic, a spokesman for Sentosa Development Corporation told ST.First announced in 2019, the redevelopment plans divide the two islands into five zones – Vibrant Cluster, Island Heart, Waterfront, Ridgeline and Beachfront.In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke to Journalist Ng Keng Gene to find out whether the review means it's back to the drawing board for the masterplan.See omnystudio.com/listener for privacy information.
4/11/2022 • 3 minutes, 57 seconds
The Risks If the Fed Does-- or Doesn't-- Reduce Its Balance Sheet
The minutes of the Federal Reserve's last policy meeting revealed that the US Central Bank is planning to shrink its bloated balance sheet which is at almost 9 Trillion US Dollars. But what's the worst that could happen if the Fed keeps those assets? Noli de Pala, CIO of Trilake Partners, joined us on Prime Time to discuss the Fed's plans to shrink its balance sheet, and if there are still opportunities out there amidst all the uncertainty.See omnystudio.com/listener for privacy information.
4/11/2022 • 13 minutes, 41 seconds
Increase in firms seeking mediation at SIMC amid the pandemic
The value of disputes heard by the Singapore International Mediation Centre has been on the rise.
In 2021 alone, the total value of disputes heard amounted to over US$3 billion, equalling the US$3 billion total dispute value for the previous six years (2014-2020) since SIMC’s inception.
To find out why - and to get a better understanding of the process - Prime Time's Rachel Kelly speaks to George Lim, Chairman, Singapore International Mediation Centre and Ng Chai Ngee, Board Member, Singapore International Mediation Centre.
--See omnystudio.com/listener for privacy information.
4/10/2022 • 8 minutes, 8 seconds
Forex Fridays: All Systems Go for the USD and the Aussie?
The Federal Reserve's plans to significantly trim its balance sheet has kept markets on their toes, with the Dollar Index firming above that 99 level. And while the Aussie has seen a burst of strength thanks to strong commodities and the RBA's recent comments, the Japanese Yen seems stuck. Henry Quek, APAC Head of Foreign Exchange Sales, Trading and Research at State Street, spoke to us on Forex Fridays and also touched on the Singapore Dollar's outlook ahead of this weeks GDP release and the MAS' Policy Statement.See omnystudio.com/listener for privacy information.
4/10/2022 • 12 minutes, 15 seconds
What The Trimming of the Federal Reserve's Balance Sheet Means
In a new hawkish twist, the minutes of the Federal Reserve's last policy meeting revealed that FOMC officials aren't just gearing up for multiple rate hikes, but also a significant shrinking of the Fed's near- 9 Trillion Dollar balance sheet. But what will this mean for markets? Jeffrey Halley, Senior Market Analyst at OANDA, joined us on Prime Time to discuss the Fed's latest moves, and the current volatility in crude oil markets.See omnystudio.com/listener for privacy information.
4/8/2022 • 13 minutes, 33 seconds
How will Russia’s war in Ukraine reshape the European political scene?
In The Spotlight, Prime Time’s Timothy Go and Melissa Hyak spoke to Dr Cai Daolu, Visiting Senior Fellow, Dept of Strategy & Policy, NUS Business School to find out what the war in Ukraine means for the Euro economy. See omnystudio.com/listener for privacy information.
4/8/2022 • 11 minutes, 40 seconds
Easing of Covid-19 measures and its impact on Singapore's employment market
According to figures from the Ministry of Manpower on Thursday (April 7), unemployment rates continued to fall in February, with the overall rate at 2.1 per cent, down from 2.3 per cent in January.
With Singapore further easing Covid-19 measures, what does it mean for the employment market moving forward?
In The Spotlight, Prime Time’s Timothy Go spoke to David Setiawan, Head of Marketing at JobStreet Singapore to find out.
See omnystudio.com/listener for privacy information.
4/7/2022 • 9 minutes, 1 second
Tech Talk: Opportunities in the cybersecurity sector
In Tech Talk, Prime Time’s Timothy Go spoke to Brian Fernandez, Managing Director at Biztech.Asia to find out why cyber security in Singapore is becoming increasingly important as digital and online activity continues to intensify globally. They also discuss career opportunities in the cybersecurity industry.See omnystudio.com/listener for privacy information.
4/7/2022 • 10 minutes, 1 second
ST: The Big Story, 7 Apr - HDB blocks in Ang Mo Kio identified for Sers scheme; over 600 households affected
Four Housing Board blocks in Ang Mo Kio Avenue 3 have been picked for the Selective En bloc Redevelopment Scheme, the first such project announced since May 2018.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke to Christine Sun, senior vice-president of research and analytics at real estate firm OrangeTee & Tie to find out more.See omnystudio.com/listener for privacy information.
4/7/2022 • 4 minutes, 33 seconds
Across the ASEAN: The Curious Case of the Sluggish Year for the FBMKLCI
Some analysts posited that rising commodity prices linked to the Russia-Ukraine war may benefit commodity-linked markets in Southeast Asia like that of Malaysia's. But with the FBMKLCI still up about 2.5% since the start of the year, why have equities north of the causeway been a bit sluggish? Alexander Chia, Regional Head of Equity Research at RHB, joined us from Kuala Lumpur on Across the ASEAN to talk about valuations, inflation, and his outlook on palm oil and the rubber glove sector.See omnystudio.com/listener for privacy information.
4/7/2022 • 12 minutes, 55 seconds
Eco Money: Credit Suisse and the World Bank’s ‘Rhino Bond
On Eco Money, Prime Time’s Timothy Go and Melissa Hyak spoke to Oliver Withers, Biodiversity Lead within Global Sustainability at Credit Suisse to find out more about a new ‘rhino bond’ launched to raise funds for conservation. Highlights of the conversation:
1:35 - The impetus for rhino bonds
2:54 - How wildlife conservation funds can be used and what do they aim to achieve
5:16 - Who can invest in rhino bonds
6:13 - What kind of demand has Credit Suisse seen for such products
7:00 - Other sustainable products in the pipelinesSee omnystudio.com/listener for privacy information.
4/6/2022 • 8 minutes, 45 seconds
ST: The Big Story, 6 Apr - $500M set aside to push Singapore’s tourism recovery
Close to half a billion dollars has been set aside for initiatives like a wellness festival and an action sports facility in Orchard Road where visitors can skate, surf, ski and snowboard.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke to Consumer correspondent Anjali Raguraman about the Singapore Tourism Board's plans to rebuild the tourism sector
See omnystudio.com/listener for privacy information.
4/6/2022 • 5 minutes, 25 seconds
ST: The Big Story, 5 Apr - Tough for S'pore's nightlife sector to rebuild after 2 years of restrictions, says association
Nightlife businesses in Singapore can resume with safe management measures in place on April 19.
At clubs and discos where there is dancing involved, a supervised antigen rapid test will be required for patrons before entry.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke to Nasen Thiagarajan, president of the Singapore Nightlife Business Association on this development.See omnystudio.com/listener for privacy information.
4/5/2022 • 5 minutes, 22 seconds
Powering Your Property: Reimagining the future of work
C&W Services, the facilities and engineering arm of leading global real estate services firm Cushman & Wakefield, launched its newly transformed headquarters at Chai Chee last month. The new workplace embodies the firm’s commitment to Diversity, Equity & Inclusion, and the adoption of smart technology that promotes both sustainability and well-being.
In Powering Your Property, Prime Time’s Timothy Go and Melissa Hyak spoke to Natalie Craig, Managing Director, C&W Services to find out how they are reimagining the future of work with the transformation of its headquarters.See omnystudio.com/listener for privacy information.
4/5/2022 • 9 minutes, 43 seconds
Russia Risks and Inverting Yield Curve Fears
While markets continue to assess the dynamic uncertainties from Russia''s prolonged invasion of Ukraine and its impact on crude oil markets and inflation, should investors be so worried about the US yield curve inverting, and its reputation for being an omen of a future recession? Stephen Innes, Managing Partner at SPI Asset Management, joined us on Prime Time to discuss.See omnystudio.com/listener for privacy information.
4/5/2022 • 13 minutes, 37 seconds
In The Spotlight: The Wild Last Few Days in Crude Oil Markets
This week on In The Spotlight, we take aim at the new questions raised over the last few days in the oil space. Will the Biden Administration's historic release of 180 million barrels of crude oil help temper surging oil prices? How is Russian oil finding its way into China and India? And might this cause certain rifts or shifts among other major oil producers that count the Asian giants as long-term clients? Sharon Cho, Oil Markets Reporter at Bloomberg, helps us take stock.See omnystudio.com/listener for privacy information.
4/4/2022 • 12 minutes, 16 seconds
All About NFT's Part 5: Regulate? But How?
We've come to the final part of our short series on NFT's with the folks at Rajah & Tann, and we wrap things up by thinking about regulation. Is it necessary for such a new and fast-evolving space? Can regulators even do it effectively, and might they need to approach the regulatory issues in a different and novel fashion? Rajesh Sreenivasan, Head of Technology, Media and Telecommunications and Benjamin Cheong, Partner at Rajah & Tann, help us wrap things up.See omnystudio.com/listener for privacy information.
4/4/2022 • 14 minutes, 35 seconds
ST: The Big Story, 4 Apr - Hong Kong leader Carrie Lam announces she will not run for second term
Hong Kong Chief Executive Carrie Lam on Monday said officially that she will not be running for a second term, paving the way for the city’s No. 2, Chief Secretary John Lee, to make his bid for the post.
In The Straits Times' The Big Story, Multimedia journalist Hairiato Dirman spoke to Hong Kong correspondent Claire Huang to find out more.See omnystudio.com/listener for privacy information.
4/4/2022 • 5 minutes, 1 second
SGExtra: More support on the way for households given the economic impact of the conflict in Ukraine
Finance Minister Lawrence Wong told Parliament today that more support is on the way for households given the economic impact of the conflict in Ukraine, and some Budget measures will be rolled out earlier.
He noted that the war has contributed to a further spike in inflation around the world. Other factors, such as supply chain issues, have also contributed to rising prices.
On SGExtra, Prime Time's Timothy Go and Melissa Hyak spoke to Zakir Hussain, Singapore Editor at The Straits Times to find out more. See omnystudio.com/listener for privacy information.
4/4/2022 • 7 minutes, 11 seconds
Forex Fridays: How Volatile Might 2Q Be?
We're seeing volatility staying elevated and unpredictable heading into the second quarter of the year, and also impacting the second quarter. Khoon Goh, Head of Asia Research at ANZ, helped us kick off the new quarter on Forex Fridays, to talk about what's in store for currencies like the USD, the AUD, the RMB, and the unpredictable JPY.
See omnystudio.com/listener for privacy information.
4/3/2022 • 11 minutes, 34 seconds
In The Spotlight: Latest updates from the war in Ukraine
The US says invasion has been ‘strategic disaster’ for Moscow and Russian President Vladmiri Putin is isolated as peace talks due to resume.In The Spotlight, Prime Time's Timothy Go and Melissa Hyak spoke with Dr Samir Puri, Senior Fellow in Urban Security and Hybrid Warfare, International Institute for Strategic Studies for the latest on the war in Ukraine.
See omnystudio.com/listener for privacy information.
4/1/2022 • 10 minutes, 5 seconds
SGExtra: Closing the STEM gender gap in Singapore
On SGExtra, Prime Time's Timothy Go and Melissa Hyak spoke to Amelia Teng, Education Correspondent at The Straits Times about closing the gender gap in STEM as well as action plans from the White Paper on Singapore Women's Development.See omnystudio.com/listener for privacy information.
4/1/2022 • 8 minutes, 10 seconds
ST: The Big Story, 1 Apr - S'poreans make a beeline for old favourites in Johor Baru after land borders reopen
The Straits Times’ The Big Story broadcasts from Johor Baru after the full reopening of land borders between Singapore and Malaysia today.
Multimedia correspondent Hairianto Diman meets Singaporeans who have crossed the Causeway just to visit their favourite haunts, such as the famous Hiap Joo Bakery & Biscuit Factory.
He also speaks to Malaysia correspondent Ram Anand to find out how Johor Bahru is coming back to life after two years.See omnystudio.com/listener for privacy information.
4/1/2022 • 8 minutes, 31 seconds
Asian Insider: Inside Hong Kong - Will Hong Kong pivot away from it's "zero-Covid" strategy?
While Hong Kong is officially clinging to a "zero-Covid" strategy, recent actions suggest it is pivoting away from that at a time when most other major global cities are learning to live with the virus.On the latest episode of Inside Hong Kong, Timothy Go and Melissa Hyak spoke to Claire Huang, Hong Kong Correspondent for The Straits Times for the biggest headlines from the territory this weekSee omnystudio.com/listener for privacy information.
3/31/2022 • 8 minutes, 47 seconds
Providing SMEs an edge in the hybrid workplace
In Tech Talk, Prime Time's Timothy Go and Melissa Hyak spoke with Lindsay Brown, Vice President and General Manager, Asia Pacific and Japan at GoTo on how flexible working solutions are necessary to helping SMEs get ahead in a hybrid work age.See omnystudio.com/listener for privacy information.
3/31/2022 • 6 minutes, 11 seconds
March Madness Sends the STI Above 3400
Though the Straits Times Index suffered from a loss on the last day of March, it still held on to its recent breach of 3400 and decent gains for the first quarter. Terence Wong, CEO of Azure Capital, joined us again to recap the month that was for Singapore equities, and how he's balancing reopening hopes with the pervasive risks from higher inflation and the Russia-Ukraine conflict.See omnystudio.com/listener for privacy information.
3/31/2022 • 10 minutes, 56 seconds
ST: The Big Story, 31 Mar - Johor businesses ready for revival ahead of land borders reopening
Ahead of the land crossings reopening between Singapore and Malaysia tomorrow, businesses and workers in Johor are geared up for economic revival.
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke to Malaysia correspondent Ram Anand, who shares more about business sentiment and expectations.See omnystudio.com/listener for privacy information.
3/31/2022 • 3 minutes, 45 seconds
Across the ASEAN: Envisioning ASEAN Supply Chains of the Future
The COVID-19 pandemic posed serious challenges to Southeast Asia's supply chains and also revealed deep seated vulnerabilities. But how can we strengthen supply chains across the region? Chui Lee, a Partner at Kearney, joined us on Across the ASEAN to discuss the group's recent white paper on digital supply chains in the ASEAN region, and. ways by which to better improve and protect regional supply chains based on the lessons learned over the past 2 years.See omnystudio.com/listener for privacy information.
3/30/2022 • 12 minutes, 14 seconds
Sustainable Singapore: War in Ukraine gives ammunition to the deep-sea mining lobby
The Russian invasion has given impetus to proponents of commercial deep-sea mining, which could go ahead as soon as 2023.
New research finds that there is insufficient science to suggest that mining will not risk damaging deep-sea ecosystems.On Sustainable Singapore, Prime Time’s Timothy Go and Melissa Hyak spoke to Robin Hicks, Associate Editor, Eco-Business to find out more.See omnystudio.com/listener for privacy information.
3/30/2022 • 5 minutes, 46 seconds
ST: The Big Story, 20 Mar - What you need to know if you are driving from S'pore to Malaysia
From Friday (April 1), the land borders will open for fully vaccinated persons in Singapore to freely drive to Malaysia and back.
These travellers do not need to take any pre-departure or on-arrival tests, or serve quarantine.
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke to Senior transport correspondent Lee Nian Tjoe to find out what you need to know if you are planning to drive or ride a private vehicle across the border.See omnystudio.com/listener for privacy information.
3/30/2022 • 4 minutes, 15 seconds
Assessing Uncertainties in Greater Chinese Markets
Silverbear Capital's Founder Peter Chun joined us on Prime Time to recap the uncertainty that hit Chinese markets in Shanghai and Hong Kong in the first quarter, ranging from regulatory headwinds, a potential economic slowdown, Russia's invasion of Ukraine, and a worrisome resurgence of COVID-19 infections in cities like Shanghai and Shenzhen.See omnystudio.com/listener for privacy information.
3/29/2022 • 11 minutes, 54 seconds
From renting out spare rooms to creating extra income: How this co-living start-up began with shared housing during the pandemic
Co-living start-ups like Bespoke Habitat have continued to raise significant revenue this year despite the pandemic, and the market is ripe as more expats and talents from other Asian countries like Hong Kong are moving to Singapore.
In Powering Your Powering Your Property, Prime Time's Timothy Go and Melissa Hyak spoke to Ernee Ong, Co-Founder of Bespoke Habitat to find out how this co-living start-up began with shared housing during the pandemic. See omnystudio.com/listener for privacy information.
3/29/2022 • 11 minutes, 52 seconds
Russia, Ukraine to hold new round of peace talks & Hungarian and Serbian election week
Hungary and Serbia go to the polls this week, but how will the crisis in Ukraine play a part in the elections? In The Spotlight, Prime Time’s Timothy Go and Melissa Hyak caught up with Rob Hugh-Jones, Editor, BBC to find out more about this and other headlines he’s tracking in the week ahead.See omnystudio.com/listener for privacy information.
3/29/2022 • 8 minutes, 53 seconds
BBC Marketplace Global Update with Victoria Craig
In just 8 minutes, Marketplace Global Update tells you everything you need to know about the day’s top business stories and trends from the heart of global newsrooms in London and Los Angeles.
Prime Time's Timothy Go spoke to host Victoria Craig to find out what listeners can expect from the show.
Join her every weekday at 9pm to hear from global network of correspondents, interviews with business leaders, and the stories of people trying to succeed in challenging economic environments.See omnystudio.com/listener for privacy information.
3/29/2022 • 7 minutes, 37 seconds
All About NFT's Part 4: How Secure Are Blockchains and Decentralized Systems?
Each Monday in March, we'll be speaking to the folks at Rajah & Tann to take a closer look at NFT's -- what these mysterious "Non-Fungible Tokens" are, what opportunities and pitfalls may befall potential investors and creators, and if there is a role for regulating this fast-changing new world. In Part Four, JP Ong speaks with Rajesh Sreenivasan, Head of Rajah & Tann's Technology, Media, and Telecommunications Practice, and Benjamin Cheong, a Partner at Rajah & Tann, and asks them just how impenetrable are blockchains and the decentralized systems NFT's and other digital assets are based on.See omnystudio.com/listener for privacy information.
3/29/2022 • 11 minutes, 47 seconds
SGExtra: What you need to know about Singapore's easing of Covid-19 measures
With the latest wave of the virus subsiding, Singapore will double the group size limit to 10 people and allow up to 75% of employees who can work from home to return to their workplaces.
On SGExtra, Prime Time's Timothy Go and Melissa Hyak spoke to Zakir Hussain, Singapore Editor, The Straits Times to find out what to expect from Singapore’s easing and reopening measures.See omnystudio.com/listener for privacy information.
3/28/2022 • 7 minutes, 16 seconds
ST: The Big Story, 28 Mar - Shanghai to lock down half of the city in turns for mass Covid-19 testing
Shanghai will lock down each half of the city in turns to conduct a mass testing blitz to combat a Covid-19 outbreak that has become China's biggest virus hot spot.
The city will first lock down areas east of the Huangpu River, which includes its financial district and industrial parks, for four days starting today.
In The Straits Times' The Big Story, Assistant video editor Olivia Quay spoke to China correspondent Elizabeth Law discusses this development.See omnystudio.com/listener for privacy information.
3/28/2022 • 4 minutes, 29 seconds
Forex Fridays: Looking at Dollars and the Curious Case of the Yen
It's been an interesting last few weeks for dollar currencies, with a hawkish Federal Reserve reviving the case for the US Dollar, and possibly blunting any upside for the Singapore Dollar. Plus, volatility in commodity prices may be bad for markets, but bring upside for the Australian Dollar. Peter Chia, Senior FX Strategist at UOB, joined us on Forex Fridays to recap the first quarter, and also discuss the curious case of the Japanese Yen's remarkable slide in recent weeks.See omnystudio.com/listener for privacy information.
3/26/2022 • 11 minutes, 45 seconds
In The Spotlight: An analysis of the latest from the war in Ukraine
US President Joe Biden will travel to a town near the Polish-Ukrainian border today, in a bid to signal Western unity against Russia’s onslaught.
It comes as the UKs Defense Ministry said Ukraine was pushing Russian troops back and regaining ground near Kyiv.
In The Spotlight, Prime Time’s Timothy Go and Melissa Hyak spoke to Pushan Dutt, Professor of economics and political sciences at INSEAD for the latest updates from the war in Ukraine.See omnystudio.com/listener for privacy information.
3/25/2022 • 11 minutes, 10 seconds
What you need to know about Singapore's easing of Covid-19 rules
There will be an easing off on mandatory mask-wearing outdoors from next Tuesday (March 29), as Singapore moves towards a new phase of living with Covid-19.
This was among a number of key changes to measures implemented in the fight against the pandemic that Prime Minister Lee Hsien Loong and the multi-ministry task force tackling Covid-19 announced on Thursday.On SGExtra, Prime Time’s TImothy Go and Melissa Hyak spoke to Timothy Goh, Health Correspondent at The Straits Times to find out what you need to know about the new Covid-19 measures announced on Thursday.See omnystudio.com/listener for privacy information.
3/25/2022 • 7 minutes, 26 seconds
ST: The Big Story, 25 Mar - Spike in big group bookings for eateries as larger groups of diners set to return
Several restaurants, as well as venues with live music, have already seen a spike for bookings following the announcement yesterday that dining-in capacities will double from five to 10 people per group from next Tuesday.
The current restriction on the sale and consumption of alcohol in food and beverage establishments after 10.30pm will also be lifted.
The Restaurant Association of Singapore - whose membership base represents 800 brands across more than 5,000 outlets - called it a "joyous day" for the F&B community and customers.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke to Benjamin Boh, a RAS management committee member on how the association's members are preparing for these changes.See omnystudio.com/listener for privacy information.
3/25/2022 • 7 minutes, 23 seconds
In The Spotlight: Inside the Singapore gig economy
Many food delivery riders are satisfied with their work but feel that it is misunderstood, according to a study by Blackbox Research released on Wednesday (Mar 23). In fact, there are also concerns about the possibility of CPF contributions being made mandatory.
In The Spotlight, Prime Time's Timothy Go and Melissa Hyak spoke to David Black, CEO of Blackbox Research to find out more about their study.See omnystudio.com/listener for privacy information.
3/24/2022 • 9 minutes, 30 seconds
ST: The Big Story, 24 Mar - S'pore ready to take a decisive step forward towards living with Covid-19, says PM Lee
Group size limits will go up to 10 people, among measures that will go into effect from Tuesday, as part of what Prime Minister Lee Hsien Loong called a decisive but measured step forward towards living with Covid-19.
In The Straits Times' The Big Story, Multimedia journalist Hairianto Dirman spoke to Professor Teo Yik Ying, dean of NUS' Saw Swee Hock School of Public Health on these developments.See omnystudio.com/listener for privacy information.
3/24/2022 • 5 minutes, 41 seconds
How Commodity Price Swings May Figure in UOB's 2Q Outlook
The end to the 1st quarter was marked by heightened volatility linked to Russia's invasion of Ukraine, and its impact on surging crude oil prices. How might this shape the second quarter of 2022? And what must investors brace for if the US Federal Reserve hikes rates at a more aggressive clip? Heng Koon How, Head of Markets Strategy at UOB, joined us on Prime Time to share their outlook for the next 3 months.See omnystudio.com/listener for privacy information.
3/24/2022 • 12 minutes, 54 seconds
What Singapore's easing of Covid-19 means for the tourism sector
Aviation and travel-related counters in Singapore were up today, after Prime Minister Lee Hsien Loong announced the easing of a slew of Covid-19 measures, including the streamlining of travel requirements in a nationwide address.
As Singapore moves to a so-called Vaccinated Travel Framework starting next week, what exciting opportunities lie ahead for the tourism sector and leisure travel?
Prime Time's Timothy Go and Melissa Hyak spoke to Lavinia Rajaram, Asia Head of Public Relations with Expedia Group to find out.See omnystudio.com/listener for privacy information.
3/24/2022 • 13 minutes, 13 seconds
What Singapore's easing of Covid-19 measures means for businesses
Singapore announced several key changes to its Covid-19 measures today, including larger group sizes and making mask-wearing optional in outdoor settings from Mar 29, as part of what Prime Minister Lee Hsien Loong described as taking a “decisive step forward” towards living with Covid-19.
After a turbulent two years of absorbing blows from the pandemic, what does this mean for Singapore businesses? Prime Time's Timothy Go and Melissa Hyak spoke to Kurt Wee, President of the Association of Small & Medium Enterprises to find out.See omnystudio.com/listener for privacy information.
3/24/2022 • 15 minutes, 18 seconds
ST: The Big Story, 23 Mar - One Husband Two Men
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke to Margaret Ong, author of One Husband Two Men about her experience of being both wife and caregiver to a husband with schizophrenia.See omnystudio.com/listener for privacy information.
3/23/2022 • 4 minutes, 44 seconds
Sustainable Singapore: The growing plant-based industry in Asia Pacific
On Sustainable Singapore, Prime Time’s Timothy Go and Melissa Hyak spoke to David Yeung, Founder of Green Monday Group and OmniFoods as he shares his take on the growing plant-based industry in the Asia Pacific region.
With Green Monday coming up on its 10th anniversary on April 22nd, David has pioneered an integrated platform and social venture that engages millions of people towards the world’s most pressing crises of climate change.See omnystudio.com/listener for privacy information.
3/23/2022 • 11 minutes, 45 seconds
SGX and OCBC Bank launch low carbon index tracking Singapore’s largest companies
On Eco Money, Prime Time’s Timothy Go and Melissa Hyak spoke to Herry Cho, Head Sustainability & Sustainable Finance at SGX about the launch of SGX and OCBC Bank’s low carbon index tracking Singapore’s largest companies.
The new product removes companies with a heavy involvement in the fossil fuel sector, while maintaining best-in-class selections based on greenhouse gas per unit of revenue.
See omnystudio.com/listener for privacy information.
3/23/2022 • 6 minutes, 58 seconds
Across the ASEAN: Will The ASEAN Reopening Give Regional Airlines A Boost?
Slowly but surely, we're seeing more countries across Southeast Asia easing border and quarantine restrictions, hoping to boost tourism industries and provide battered airlines a much needed lift. But with oil prices rising on the back of Russia's invasion of Ukraine, might this blunt any recovery for carriers across the ASEAN? Shukor Yusof, founder of Endau Analytics, joined us on Across the ASEAN to discuss the outlook for Southeast Asia's carriers, and what he's heard regarding the tragic crash of the China Eastern flight in Guangxi.See omnystudio.com/listener for privacy information.
3/23/2022 • 13 minutes, 7 seconds
Checking in on European Markets
Though European stocks have recovered after a harrowing start to March, the Russian invasion of Ukraine and sanctions on Moscow have raised questions about Europe's seeming dependency on Russian oil and gas, and if they can wean itself off of it before the next winter. Peter Lundgreen, founder of Lundgreens Capital, joined us on Prime Time from Copenhagen, Denmark, to discuss.See omnystudio.com/listener for privacy information.
3/22/2022 • 8 minutes, 46 seconds
The switch to a more sustainable real-estate sector: Female representation in the industry
When it comes to male-dominated industries, one that regularly tops the list is the real estate industry. In Powering Your Property, Prime Time's Timothy Go and Melissa Hyak spoke to Deb Noller, CEO at Switch Automation about female representation in the sector.See omnystudio.com/listener for privacy information.
3/22/2022 • 9 minutes, 24 seconds
In The Spotlight: Energy Shortages, Arbitrage, and Nickel Big Shots
How are volatile oil and gas prices on the back of Russia's invasion of Ukraine posing threats to developing countries in the region? Can developing nations further a push towards cleaner, renewable energies in a time of high energy inflation? Why would Chinese traders resell LNG bought in the US to Europe to make a quick buck? And is the turbulence in nickel markets all down to a Chinese tycoon named Big Shot? JP Ong spoke to Bloomberg Energy and Commodities Reporter Stephen Stapczynski about the last few weeks in commodities.See omnystudio.com/listener for privacy information.
3/21/2022 • 19 minutes, 46 seconds
All About NFT's Part 3: Of Smart Contracts, Illicit Activities, and Scrapped Projects
Each Monday in March, we'll be speaking to the folks at Rajah & Tann to take a closer look at NFT's -- what these mysterious "Non-Fungible Tokens" are, what opportunities and pitfalls may befall potential investors and creators, and if there is a role for regulating this fast-changing new world. In Part Three, JP Ong speaks with Rajesh Sreenivasan, Head of Rajah & Tann's Technology, Media, and Telecommunications Practice, and Benjamin Cheong, a Partner at Rajah & Tann, where they expound on the idea of NFT's and the smart contract, and also tackle why authorities in the UK made their first seizure of NFT's, and the curious case of the NBA player who started, then scrapped, a planned NFT project after its value rose significantly.See omnystudio.com/listener for privacy information.
3/21/2022 • 13 minutes, 48 seconds
ST: The Big Story, 21 Mar - Will tourism in Singapore return to pre-pandemic levels?
The number of international visitor arrivals is on the rise as Singapore readies to open up its borders to all vaccinated travellers.
But industry players and observers are still waiting for a significant recovery in inbound tourism, with tourists currently a fraction of the travellers entering under the Vaccinated Travel Lane scheme.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke to Transport correspondent Toh Ting Wei to find out if tourism will return to pre-pandemic levels.See omnystudio.com/listener for privacy information.
3/21/2022 • 4 minutes, 10 seconds
Singapore's labour market outlook: Employment rose, unemployment rates dropped last year
In The Spotlight, Prime Time's Timothy Go and Melissa Hyak spoke to Adrian Choo, CEO, Career Agility International about the out look for Singapore's labour market.
Total employment rebounded in 2021, with unemployment rates dipping to near pre-pandemic levels, the Ministry of Manpower (MOM) said in its 2021 Labour Market Report released on Monday (Mar 14).
The labour market recovery is expected to continue this year, with economic growth gaining momentum, and hiring and job vacancies going up, said MOM.See omnystudio.com/listener for privacy information.
3/18/2022 • 9 minutes, 31 seconds
Forex Fridays: Of Fed Rate Hikes, Swinging Oil Prices, and a Waning Safe Haven
While the Federal Reserve made its rate hike in more than 3 years, oil prices continued to swing as Russia's invasion of Ukraine continues to spook sentiment. And while news of Saudi Arabia opting to sell oil to China for Yuan instead of dollars boosted the Renminbi, the Japanese Yen seemed to have lost its luster as a safe haven in recent times. Jeff Ng, Senior Currency Analyst at MUFG, joined us on Forex Fridays to discuss.See omnystudio.com/listener for privacy information.
3/18/2022 • 12 minutes, 51 seconds
ST: The Big Story, 18 Mar - Biden, Xi in first call since Russia's invasion of Ukraine
United States President Joe Biden will warn Chinese President Xi Jinping against supporting Russia in its invasion of Ukraine, said the Biden administration ahead of Friday’s call between the two leaders.
The call will happen in the evening Beijing time, according to Chinese state news agency Xinhua, which said that “China-US relations and issues of common concern” would be discussed.
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay and China bureau chief Tan Dawn Wei look ahead to Friday's call between US President Joe Biden and his Chinese counterpart Xi Jinping.See omnystudio.com/listener for privacy information.
3/18/2022 • 7 minutes, 55 seconds
Why young Singaporeans are split on getting a degree or working first
On March 7, Education Minister Chan Chun Sing told Parliament during the debate on his ministry's budget that the Ministry of Education is considering allowing more working adults to get places in government-funded degree programmes.
While there will be more opportunities for younger Singaporeans to get university degrees later in life, they are still split on whether to continue studying or enter the working world.
On SGExtra, Prime Time's Timothy Go and Melissa Hyak spoke to Ang Qing, Journalist at The Straits Times to find out why.See omnystudio.com/listener for privacy information.
3/18/2022 • 6 minutes, 17 seconds
Asian Insider: Inside Hong Kong (17 Mar)
Hong Kong's Chief Executive Carrie Lam said Thursday that she was mulling easing some of the city's Covid-19 restrictions due to waning public tolerance.
Meanwhile, according to an estimate of the damage caused by the deadly Omicron wave, about half of Hong Kong’s 7.4 million people have already been infected with Covid-19.
On Inside Hong Kong, Prime Time's Timothy Go and Melissa Hyak spoke to Claire Huang, Hong Kong correspondent for The Straits Times for an update on the territory's Covid-19 situation.See omnystudio.com/listener for privacy information.
3/17/2022 • 9 minutes, 30 seconds
The Federal Reserve Kicks Off A Series of Rate Hikes
The Federal Reserve hiked rates by 25 basis points -- and laid out plans for multiple rate hikes this year to combat rising inflation. But how complicated did rising energy costs and conflict in Ukraine make the Fed's decision this time around? And was the Fed too slow to react to inflationary pressures. JP Ong spoke to Taimur Baig, Chief Economist at DBS, on Prime Time about the Fed's recent decision, and what their plans to begin reducing its near 9 Trillion USD balance sheet means.See omnystudio.com/listener for privacy information.
3/17/2022 • 15 minutes, 50 seconds
ST: The Big Story, 17 Mar - US central bank raises interest rates for first time since 2018
The US Federal Reserve raised interest rates by a quarter percentage point and signaled hikes at all six remaining meetings this year, launching an aggressive campaign to tackle the fastest inflation in four decades even as risks to economic growth mount.
The hike is likely the first of several to come this year, as the Fed said it “anticipates that ongoing increases in the target range will be appropriate.
In The Straits Times’ The Big Story, Assistant video Editor Olivia Quay spoke to Selena Ling, chief economist and head of treasury research and strategy at OCBC Bank to find out how this move might have an impact on Singapore’s interest rates.See omnystudio.com/listener for privacy information.
3/17/2022 • 6 minutes, 3 seconds
Tech Talk: Netflix will start testing a fee for customers who share their passwords
Netflix says it is testing charging a fee to subscribers who share their accounts with people who don't live in their homes.
The United States-based steaming service has long taken a relaxed approach to users sharing passwords with family or friends, but recently saw stock dive on quarterly results that showed cooling subscriber growth.
On Tech Talk, Prime Time’s Timothy Go and Melissa Hyak spoke to Tech360.tv’s Journalist, Cheryl Tan about all things tech, including the changes we might soon see from the streaming service.See omnystudio.com/listener for privacy information.
3/17/2022 • 8 minutes, 40 seconds
Victim of Buangkok sword attack among 6 'everyday heroes' lauded by police
A victim who was allegedly injured by a man with a sword in Buangkok was among six people who received Public Spiritedness Awards from the police on Tuesday for helping to restrain the suspect.
The six people, including Mr Amila Chinthana, were each awarded a plaque at Ang Mo Kio Police Division’s headquarters.
Prime Time's Timothy Go and Melissa Hyak spoke to Mr Amila Chinthana to find out what went through his mind during the incident and why he did what he did.See omnystudio.com/listener for privacy information.
3/17/2022 • 8 minutes, 47 seconds
Eco Money: MSCI’s annual Women on Boards report
Women representation at the board level has improved; despite the ongoing COVID-19 pandemic, 2021 saw a moderate improvement in the rate of increase in women representation on boards compared to 2020.
On Eco Money, Prime Time’s Timothy Go spoke to Miranda Carr, Head of Thematic ESG Research, APAC at MSCI to discuss the latest MSCI’s annual Women on Boards report on the state of women’s representation on corporate boards.See omnystudio.com/listener for privacy information.
3/16/2022 • 9 minutes
Across the ASEAN: How Volatile Commodity Prices Might Impact Southeast Asian Economies
The last few weeks has seen commodity prices trade in volatile fashion thanks in part to Russia's invasion of Ukraine. But how sensitive are Southeast Asia's economies to these price swings? On Across the ASEAN, JP Ong spoke to Ong Sin Beng, JPMorgan's Chief Economist for Emerging Asia and the ASEAN, about the possible implications.See omnystudio.com/listener for privacy information.
3/16/2022 • 12 minutes, 3 seconds
Sustainable Singapore: Lab-grown meat more accepted in Singapore than US, motivated by 'kiasu-ism'
The Singapore Management University has published a study, "A cross-country investigation of social image motivation and acceptance of lab-grown meat in Singapore and the United States".
On Sustainable Singapore, Prime Time’s Timothy Go spoke to Associate Professor of Communication Management (Practice), Mark Chong and Associate Professor of Psychology, Angela Leung at SMU about to find out more about the study.
See omnystudio.com/listener for privacy information.
3/16/2022 • 8 minutes, 27 seconds
ST: The Big Story, 16 Mar - Singapore calls on China to use 'enormous influence' on Russia to help end Ukraine war
In an interview with Bloomberg TV, Singapore's Foreign Affairs Minister Vivian Balakrishnan said he hopes China will use its "enormous influence" on Russia to help end its war with Ukraine, warning that Beijing's decisions in the coming days and weeks could determine the future path of the global economy.
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke to Global affairs correspondent Goh Sui Noi on what is at stake for China if Russia's invasion of Ukraine continues.
See omnystudio.com/listener for privacy information.
3/16/2022 • 5 minutes, 24 seconds
Discussing the ESR REIT-ARA Logos Logistics Trust Merger Proposal
On March 21st, both ESR-REIT and ARA Logos Logistics Trust will be holding EGMs where their respective unit holders will vote on the proposal to merge the two REITs. JP Ong spoke to both Adrian Chui, CEO of ESR-REIT, and Karen Lee, CEO of ARA Logos Logistics Trust, on Market View to discuss the merger proposal, what benefits they think this will yield for investors, and to answer some of the criticisms of the deals from proxy advisory firms that gave their cautious approval of the plan.See omnystudio.com/listener for privacy information.
3/15/2022 • 15 minutes, 10 seconds
ST: The Big Story, 15 Mar - Experts are calling for the authorities to relax travel restrictions to Singapore
In The Straits Times’ The Big Story, ST senior health correspondent Salma Khalik and a panel, which comprises infectious diseases experts, look at the Covid-19 situation in Singapore among other pandemic issues.
The discussion on Tuesday featured Dean of the Saw Swee Hock School of Public Health at the National University of Singapore Teo Yik Ying; Professor Dale Fisher, a senior infectious diseases consultant at the National University Hospital; and executive director of the National Centre for Infectious Diseases Leo Yee Sin.See omnystudio.com/listener for privacy information.
3/15/2022 • 4 minutes, 45 seconds
Singapore luxury apartment sales double in 2021, GCB deal value soars to new high
2021 marked a banner year for the Good Class Bungalow segment as volumes and prices surged to record highs. In Powering Your Property, Prime Time’s Timothy Go spoke to Tricia Song, Head of Research, South East Asia, CBRE to find out what’s in store for Singapore’s luxury home market in the coming months. See omnystudio.com/listener for privacy information.
3/15/2022 • 5 minutes, 38 seconds
All About NFT's, Part 2: Opportunities, Valuations, and Speculations
Each Monday in March, we'll be speaking to the folks at Rajah & Tann to take a closer look at NFT's -- what these mysterious "Non-Fungible Tokens" are, what opportunities and pitfalls may befall potential investors and creators, and if there is a role for regulating this fast-changing new world. In Part Two, JP Ong speaks with Rajesh Sreenivasan, Head of Rajah & Tann's Technology, Media, and Telecommunications Practice, and Benjamin Cheong, a Partner at Rajah & Tann, about how NFT's are being used, how the market is evolving, and if prices are pure speculation or an attempt by market players to establish benchmarks to base valuations on.See omnystudio.com/listener for privacy information.
3/14/2022 • 13 minutes, 50 seconds
Latest from the Ukraine war: Talka resume as Russia strikes Kyiv
Russian and Ukrainian negotiators have begun a fourth round of talks aimed at stopping the conflict.Ukrainian negotiator Mykhailo Podolyak says these talks will focus on establishing a ceasefire, the withdrawal of Russian troops, and security guarantees for Ukraine
In The Spotlight, Prime Time’s Timothy Go spoke to Rich Preston, Senior Presenter from the BBC about the headlines he’s in the week ahead, including the latest with Russia's invasion of Ukraine, and the upcoming changes in the days ahead on the Covid-19 front.
See omnystudio.com/listener for privacy information.
3/14/2022 • 9 minutes, 1 second
SG Extra: Impact of the Ukraine war on inflation in Singapore
In January, core inflation rose to 2.4 per cent year on year, the highest since September 2012, driven by price increases for food, electricity and gas.
Now, with the Russia-Ukraine conflict triggering a surge in commodity and petrol costs worldwide, how will these developments affect us in Singapore?
On SGExtra, Prime Time’s Timothy Go spoke to Zakir Hussain, Singapore Editor at The Straits Times to find out more.See omnystudio.com/listener for privacy information.
3/14/2022 • 9 minutes, 45 seconds
ST: The Big Story, 14 - Singapore job market recovery to continue at more gradual pace in 2022
Singapore's labour market recovery is expected to be sustained this year as business activities continue to pick up.
The 2021 labour market report by the Ministry of Manpower on Monday showed that the pace of recovery may be more gradual as most significant improvements were already made last year.
In The Straits Times' The Big Story, Assistant video editor Olivia Quay spoke to Patrick Tay, assistant secretary-general of the National Trades Union Congress, who weighs in on these findings.See omnystudio.com/listener for privacy information.
3/14/2022 • 3 minutes, 37 seconds
Forex Fridays: Should Forex Markets Fret Over Rising Oil and Stagflationary Fears?
Market sentiment in the last week was largely dictated by oil's large price swings, with surging Brent Crude breaching 130 USD a barrel before backing off in the last few days. This has raised questions about possible stagflation fears yet again. Philip Wee, DBS' Currency Economist, joined us on Forex Fridays to discuss the impact this is having on the broader FX space, currencies across Southeast Asia, and what this means for the Federal Reserve's upcoming decision and the Chinese Yuan.See omnystudio.com/listener for privacy information.
3/12/2022 • 13 minutes, 23 seconds
Four breakout opportunities for Singapore blockchain in year ahead
The excitement around blockchain continues to build and while we saw many innovations in this space last year - including NFTs and cryptocurrencies - 2022 may be a breakout year.
That's especially for a number of finance-related products, including the rapid rise of GameFi, and the continued growth of Decentralised Finance and Central Bank Digital Currencies.
In The Spotlight, Prime Time's Timothy Go spoke to Ryan Chew, COO, of Tribe on breakout opportunities for Singapore blockchain in the year ahead.See omnystudio.com/listener for privacy information.
3/11/2022 • 9 minutes, 40 seconds
SGExtra: Mandatory mediation being considered for some community disputes
Neighbours embroiled in some disputes may have to undergo mediation before they can take their quarrel to a community tribunal for a ruling, said Minister for Culture, Community and Youth Edwin Tong on Thursday (March 10).
On SGExtra, Prime Time's Timothy Go spoke to Tham Yuen-C, Senior Political Correspondent at The Straits Times to find out more.See omnystudio.com/listener for privacy information.
3/11/2022 • 7 minutes, 15 seconds
Capital SEA: Southeast Asia’s funding landscape
In the past year, almost 900 funding rounds have been raised totalling US$28.8 billion, with general internet, ecommerce, logistics and transportation getting the lion’s share of the deals.In Tech Talk, Prime Time’s Timothy Go spoke to Brian Fernandez, Managing Director, Biztech.Asia to find out more about Southeast Asia’s funding landscape.See omnystudio.com/listener for privacy information.
3/11/2022 • 8 minutes, 26 seconds
How Russia and Oil Spikes are Shaping Market Sentiment
Market sentiment this week seems to be tied to crude futures and the wild swings up or down for Brent and WTI. This in turn is connected to Russia's invasion of Ukraine, and the potentially huge shortfalls should Russian oil be removed from global markets. Jeffrey Halley, Senior Market Analyst at OANDA, joined us on Prime Time to discuss.See omnystudio.com/listener for privacy information.
3/11/2022 • 11 minutes, 6 seconds
ST: The Big Story, 10 Mar - When will Singapore ease Covid-19 curbs?
Singapore's Covid-19 weekly infection growth rate has remained below one for the eighth straight day.
This comes as Health Minister Ong Ye Kung told Parliament on Wednesday that there are good indications that the Omicron wave has peaked, and is starting to subside.
In The Straits Times' The Big Story, Multimedia journalist Hairianto Dirman spoke to Associate Professor Alex Cook, vice-dean of research at NUS' Saw Swee Hock School of Public Health as explains if Singapore can expect some curbs to be eased.See omnystudio.com/listener for privacy information.
3/10/2022 • 5 minutes, 55 seconds
The climate in 2022: The science, the spectrum, and the ratchet
By 2100 the value of global assets worth up to US$12.7 trillion will be exposed to climate risk. On Eco Money, Prime Time’s Timothy Go and Melissa Hyak spoke to Wai-Shin Chan, Head of Climate Change Centre of Excellence and Global Head of ESG Research, HSBC to find out what this means for investors and how they can couple profits with purpose.See omnystudio.com/listener for privacy information.
3/9/2022 • 8 minutes, 1 second
Across the ASEAN: Tracking Signs of a Green Revolution in Southeast Asia
James Cheo, HSBC Global Private Banking & Wealth's CIO for Southeast Asia, joined us on Across the ASEAN to discuss what he says are signs of a "Green Revolution" in Southeast Asia. He highlights 4 major trends he's tracking in the region, and how investors can look for ways to identify opportunities in this transformative time.See omnystudio.com/listener for privacy information.
3/9/2022 • 11 minutes, 55 seconds
Sustainable Singapore: Does a higher carbon tax mean higher energy bills?
Singapore’s new carbon tax rate for 2024 and beyond was announced by Finance Minister Lawrence Wong during the Budget on Feb 18. The aim is for emissions to dwindle to net zero by or around 2050.
How will this help Singapore achieve its climate targets? And what does this mean for household energy bills?
In Sustainable Singapore, Prime Time's Timothy Go and Melissa Hyak spoke to James Chong, Head of Commercial, Senoko Energy to find out what to make of the carbon tax increase here.See omnystudio.com/listener for privacy information.
3/9/2022 • 8 minutes, 18 seconds
ST: The Big Story, 9 Mar - Preventive care to keep people healthy and out of hospital
Family doctors will play a key role as the nation shifts away from the traditional focus on illness-based hospital care to a more sustainable way of patient-centred preventive care that will focus on keeping people healthy and out of hospital as much as possible.
Describing this as a "major healthcare reform initiative" called the Healthier SG strategy, Health Minister Ong Ye Kung said it is important to move now.
In The Straits Times' The Big Story, Multimedia journalist Hairianto Dirman spoke to Senior health correspondent Joyce Teo to find out more about the initiative.See omnystudio.com/listener for privacy information.
3/9/2022 • 5 minutes, 5 seconds
How Vulnerable are European Markets to Russia's Invasion of Ukraine?
The Stoxx 600 is down more than 13% since the start of the year, with Russia's invasion of Ukraine weighing on market sentiment in the last few weeks. From rising commodity prices on mounting sanctions on Moscow to a decoupling of European investments and exposure to Russia, how vulnerable are markets out west? Vincent Mortier, Group CIO of Amundi, joined us on Prime Time to discuss. See omnystudio.com/listener for privacy information.
3/8/2022 • 11 minutes, 35 seconds
ST: The Big Story, 8 Mar - Hong Kong's Covid-19 death rate now world's highest
Hong Kong's Covid-19 death rate is now the highest in the world. This comes after fatalities among the city's under-vaccinated elderly surged and concerns mount that there may be more to come as infections spread through care facilities.
The financial hub's seven-day rolling average rose to 27 deaths per one million people as at Sunday, according to Bloomberg calculations based on Johns Hopkins University data.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke to ST’s Hong Kong correspondent Claire Huang to find out more about the Covid-19 situation in the territory.See omnystudio.com/listener for privacy information.
3/8/2022 • 6 minutes, 30 seconds
Powering Your Property: Singapore new home sales sink 27% in February
Preliminary numbers for new private home sales show that developers sold a substantially lower amount of homes in February compared to the month before.
According to caveats lodged with URA up until Feb 27, developers sold 490 new private homes (excluding ECs) in February.
In In Powering Your Property, Prime Time’s Timothy Go and Melissa Hyak spoke to Nicholas Mak, Head of Research and Consultancy at ERA Real Estate to discuss the latest property stats and trends. See omnystudio.com/listener for privacy information.
3/8/2022 • 9 minutes, 17 seconds
IWD 2022: Entrepreneur Peggy Choi's journey to building knowledge sharing platform, Lynk Global
International Women's Day 2022 originated from labour movements in North America and Europe during the early 20th century. Not, it is a mainstream global holiday following its adoption by the United Nations in 1977.
This year's IWD theme is #BreakTheBias, a message that highlights the importance of working towards a more sustainable future free of all types of stereotyping and discrimination.
On While You Were Working, Prime Time's Timothy Go and Melissa Hyak spoke to Peggy Choi, CEO and founder of Lynk to find out more about her journey as an inspiring female entrepreneur.See omnystudio.com/listener for privacy information.
3/8/2022 • 7 minutes, 34 seconds
All About NFT's, Part 1: What They Are and Aren't
Each Monday in March, we'll be speaking to the folks at Rajah & Tann to take a closer look at NFT's -- what these mysterious "Non-Fungible Tokens" are, what opportunities and pitfalls may befall potential investors and creators, and if there is a role for regulating this fast-changing new world. In Part One, JP Ong speaks with Rajesh Sreenivasan, Head of Rajah & Tann's Technology, Media, and Telecommunications Practice, and Benjamin Cheong, a Partner at Rajah & Tann, about the basics: what is an NFT, what is its relationship to its underlying asset, and what are the basic copyright risks facing NFT creators.See omnystudio.com/listener for privacy information.
3/7/2022 • 15 minutes, 3 seconds
ST: The Big Story, 7 Mar - No more mid-year exams for all primary and secondary schools from 2023
Schools will remove mid-year examinations for all primary and secondary school students by next year, in an ongoing move to shift the focus from academic grades and tests. Amelia Teng, Education Correspondent at The Straits Times has the details.See omnystudio.com/listener for privacy information.
3/7/2022 • 5 minutes, 3 seconds
SGExtra: What you need to know about the new Progressive Wage Mark accreditation scheme
In SGExtra - Zakir Hussain, Singapore Editor at The Straits Times shares the latest updates from Parliament, as well as details of the new Progressive Wage Mark accreditation scheme to be launched in the second half of this year.See omnystudio.com/listener for privacy information.
3/7/2022 • 7 minutes, 13 seconds
Forex Fridays: The Invasion of Ukraine Continues to Roil FX Markets
The Russian invasion of Ukraine extends into its second week, and its military assault coupled with mounting sanctions on Moscow are boosting oil prices, stoking inflationary fears, and roiling markets and currencies. JP Ong spoke to Vishnu Varathan, Mizuho's Head of Economics and Strategy, to discuss the risks of stagflation, how the Federal Reserve may respond, and his outlook on both the Chinese Yuan and the Thai Baht.See omnystudio.com/listener for privacy information.
3/4/2022 • 13 minutes, 22 seconds
Faster earnings recovery drives improving outlook on Singapore banks
Fitch Ratings Singapore has revised its outlook for the Republic's banks to ‘improving’ from ‘neutral’. In The Spotlight, Prime Time's Rachel Kelly spoke to Tania Gold, Senior Director, Head of South & Southeast Asia Banks, Fitch Ratings to find out more about the outlook for the sector.See omnystudio.com/listener for privacy information.
3/4/2022 • 6 minutes, 26 seconds
ST: The Big Story, 4 Mar - Johor’s state assembly election set for March 12
Voters in Malaysia’s southern state of Johor will go to the polls on March 12, the Election Commission announced on Wednesday. It said Nomination Day for candidates in the state assembly election is Feb 26, which means the campaign period will be two weeks.
Nearly 2.6 million voters are eligible to cast their ballot, according to data released by the commission.
In this week's Asian Insider on The Straits Times' The Big Story, Assistant video editor Olivia Quay spoke to Malaysia correspondent Ram Anand for a look ahead to the Johor election on March 12.See omnystudio.com/listener for privacy information.
3/4/2022 • 6 minutes, 1 second
SGExtra: SAF to set up fourth service as digital threats mount
In response to the threat of hybrid warfare, Defence Minister Ng Eng Hen announced on Wednesday (March 2) that Singapore will set up a new branch of the military called the Digital and Intelligence Service to complement the existing three services.
On SGExtra, Prime Time's Rachel Kelly spoke to Lim Min Zhang, Assistant News Editor at The Straits Times to find out what lies behind the formation of the SAF's new intel and digital service.See omnystudio.com/listener for privacy information.
3/4/2022 • 8 minutes, 39 seconds
Latest from Ukraine: Russian troops seize first major city of Kherson
It's been one week since the Russian invasion of Ukraine began and In The Spotlight, Prime Time’s Rchel Kelly spoke to Dr Samir Puri, Senior Fellow in Urban Security and Hybrid Warfare, International Institute for Strategic Studies for an update on the situation in Ukraine.See omnystudio.com/listener for privacy information.
3/3/2022 • 10 minutes, 57 seconds
Looking at Coface's Latest Country and Sector Risks Barometer
In its latest Country and Sector Risks Barometer, Coface expects the economic recovery to continue, albeit on a still bumpy path. Bernard Aw, APAC Economist for Coface, spoke to us on Prime Time about their findings and outlook.See omnystudio.com/listener for privacy information.
3/3/2022 • 11 minutes, 7 seconds
ST: The Big Story, 3 Mar - Singapore's Covid infection growth rate dips to 2-month low
Singapore’s weekly Covid-19 infection growth rate dipped to 0.98 on Wednesday, the first time it’s below one since Jan 3. In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke to Dr Leong Hoe Nam, an infectious diseases specialist from the Rophi Clinic, who weighs in on this development.See omnystudio.com/listener for privacy information.
3/3/2022 • 3 minutes, 41 seconds
Eco Money: Biodiversity as an investment opportunity
The transition to a green economy is shifting the global competitiveness landscape. As more countries, regions, and corporates commit to net zero targets, capabilities need to adapt to meet the changes in demand for products and skills. On Eco Money, Prime Time's Rachel Kelly spoke to Alina Donets, Portfolio Manager at Lombard Odier Investment Managers to find out more about this transition and trends to look out for in the impact investing space.See omnystudio.com/listener for privacy information.
3/2/2022 • 9 minutes, 27 seconds
Sustainable Singapore: Growing the next generation of sustainability professionals
As global thinking shifts towards sustainable investing, there are significant opportunities for Singapore to reap the rewards of a greener economy. A key step in changing this landscape is to nurture talents who can shape the future for better environmental and social outcomes.In Sustainable Singapore, Prime Time's Rachel Kelly and Melissa Hyak spoke to Associate Professor Zhang Weina, Academic Director of the MSc SGF programme and Deputy Director of SGFIN about growing the next generation of sustainability professionals.See omnystudio.com/listener for privacy information.
3/2/2022 • 12 minutes, 8 seconds
Across the ASEAN: How Might ASEAN Central Banks Respond to a Rising Rate Environment?
With the US Federal Reserve widely expected to begin raising rates at their March policy meeting, will central bankers in Southeast Asia follow suit? UOB thinks that while policymakers across the ASEAN will also raise rates -- some will move earlier than others. JP Ong spoke to UOB economist Barnabas Gan on Across the ASEAN about how central bankers in the region may react -- and how recent events between Russia and Ukraine might impact things.See omnystudio.com/listener for privacy information.
3/2/2022 • 14 minutes, 48 seconds
Russia's Attack On Ukraine and Implications for Markets, OPEC+'s Meeting, and Currencies
Sanctions levied on Russia for its invasion of Ukraine have led the Ruble to fall to its weakest levels on record, but continue to stoke volatility and nerves for markets. This also happens as OPEC+ prepares for its next ministerial meeting on Wednesday. JP Ong spoke to Stephen Innes, Managing Partner at SPI Asset Management, for how he thinks this may shape markets, crude prices, inflation and currencies.See omnystudio.com/listener for privacy information.
3/1/2022 • 13 minutes, 38 seconds
Robust property market expected in Q1 as the shock of property curbs eases
Defying an economic recession, 2021 was decidedly a bullish year for the Singapore property sector. Prices and demand for all property types soared, and propertycooling measures were announced in December.
In Powering Your Property, Prime Time’s Rachel Kelly and Shehzad Haque spoke to Dr Tan Tee Khoon, Country Manager, PropertyGuru Singapore about Property Guru's 'Singapore Property Market Report Q1 2022' and the impact of property rate hikes announced in Budget 2022.See omnystudio.com/listener for privacy information.
3/1/2022 • 10 minutes, 58 seconds
ST: The Big Story - Russian Invasion and what it means for Asia
The implications of the Russian invasion of Ukraine for Asia was discussed at a roundtable session organized by ST on Tuesday.
Joining ST foreign editor Bhagyashree Garekar was a panel of eminent experts - ST global affairs correspondent Jonathan Eyal, ST associate editor Ravi Velloor and Professor Kishore Mahbubani. Prof Mahbubani is a veteran diplomat and distinguished fellow at the Asia Research Institute at the National University of Singapore.
In The Straits Times’ The Big Story, Assistant Video Editor Quay shares the highlights from the roundtable session.See omnystudio.com/listener for privacy information.
3/1/2022 • 4 minutes, 20 seconds
In The Spotlight: Latest updates from the Ukraine crisis
The Ukrainian military said today that Russian troops had made repeated attempts to storm the outskirts of the capital, but failed to capture it. Officials have described Sunday's fighting as "difficult" as Russian troops "continued shelling in almost all directions".
In The Spotlight, Prime Time's Rachel Kelly and Shehzad Haque spoke to Rich Preston, Senior World News Reporter/Presenter, BBC News on the latest developments in Ukraine.See omnystudio.com/listener for privacy information.
2/28/2022 • 10 minutes, 2 seconds
Is Russia's Attack on Ukraine Revamping the Trajectory of Markets?
Though Russia's attack on Ukraine has roiled markets and boosted volatility in recent days, DWS thinks that their base case for markets has remained fairly intact. Still, they do acknowledge that tail risks have emerged. JP Ong spoke to Sean Taylor, CIO for the Asia-Pacific region at DWS, about their outlook on markets, current risks, and how best to prepare against prevalent volatility.See omnystudio.com/listener for privacy information.
2/28/2022 • 11 minutes, 56 seconds
SGExtra: Highlights from Budget 2022 debate & the impact of the Ukraine crisis on Singapore
On SGExtra , Prime Time's Rachel Kelly and Shehzad Haque spoke to Zakir Hussain, Singapore Editor at the Straits Times on the Budget debates which kicked off in Parliament today.
They also discuss the impact of the Ukraine crisis on Singapore. Earlier today, Foreign Affairs Minister Vivian Balakrishnan called Russia's invasion of Ukraine a "clear and gross" violation of international norms and sets a completely unacceptable precedent.See omnystudio.com/listener for privacy information.
2/28/2022 • 6 minutes, 38 seconds
ST: The Big Story, 28 Feb - Ukraine invasion a 'clear and gross' violation, says Vivian Balakrishnan
Speaking in Parliament on Monday (Feb 28), Foreign Affairs Minister Vivian Balakrishnan calls Russia's invasion of Ukraine is a "clear and gross" violation of international norms and sets a completely unacceptable precedent.
He also says Singapore will impose export controls on items that can be used directly as weapons in Ukraine to inflict harm or to subjugate the Ukrainians.
In The Straits Times' The Big Story, assistant video editor Olivia Quay spoke to Dr Frederick Kliem, a research fellow at NTU’s S. Rajaratnam School of International Studies on these developments.See omnystudio.com/listener for privacy information.
2/28/2022 • 5 minutes, 58 seconds
Ukraine-Russia crisis: What it means for Asia
Shockwaves are rippling across the globe as Ukraine comes under a military assault from Russia. Back home, Singapore is imposing sanctions on Russia, joining a growing number of countries seeking to slap economic costs on the nuclear superpower for invading Ukraine.
On While You Were Working, Prime Time's Rachel Kelly, Shehzad Haque and Finance Presenter JP Ong spoke to Dr Cai Daolu, Visiting Senior Fellow, Dept of Strategy & Policy, NUS Business School about the latest on the situation in Ukraine and what it might mean for Asia.See omnystudio.com/listener for privacy information.
2/28/2022 • 10 minutes, 48 seconds
Recapping the Wild February Ride for Singapore Stocks
After a bright start to the Year of the Tiger that saw the Straits Times Index surge past 3400, almost all gains were wiped out by news or Russia's invasion of Ukraine rocking global markets. Azure Capital's Vice President David Chow joined us on Prime Time to discuss.See omnystudio.com/listener for privacy information.
2/27/2022 • 10 minutes, 12 seconds
Forex Fridays: How Russia's Attack on Ukraine Is Showing Up in Forex Markets
The situation in Ukraine roiled markets and sparked bouts of volatility and selloffs along with a flight to safe havens. On Forex Fridays, JP Ong spoke to UOB Senior FX Strategist Peter Chia on how the events of the last few days has impacted broader FX markets. See omnystudio.com/listener for privacy information.
2/25/2022 • 12 minutes, 40 seconds
StarHub CEO on EPL, earnings, metaverse and moving beyond telco
StarHub has scored the Singapore broadcast rights to screen the English Premier League for the next 6 years.
Prime Time's Rachel Kelly speaks to Nikhil Eapen, CEO, StarHub, to find out his plans for EPL, as well as the mainboard listed company's strategy and focus in the year ahead. See omnystudio.com/listener for privacy information.
2/25/2022 • 15 minutes, 25 seconds
ST: The Big Story, 25 Feb - Russian troops press on towards Ukraine's capital Kyiv
Missiles pounded the Ukrainian capital today as Russian forces pressed their advance. Air raid sirens wailed over Kyiv amid unconfirmed reports that a Russian plane had been shot down and crashed into a building.
Meanwhile, countries around the world are up in arms, imposing stricter sanctions against Russia.
In The Straits Times' The Big Story, Multimedia journalist Hairianto Dirman spoke to Straits Times' US bureau chief Nirmal Ghosh about these developments.See omnystudio.com/listener for privacy information.
2/25/2022 • 7 minutes, 18 seconds
QR code scams: What you need to know before scanning them
Scammers have diversified to include using QR codes to dupe victims, with the police warning of two new scams involving the barcode. Sengkang Neighbourhood Police Centre on warned of a scam involving a printed flier of a Grab food voucher giveaway and a QR code.
On SGExtra, Shehzad Haqur and JP Ong spoke to Jean Iau, Journalist, The Straits Times to find out how these scams work, as well as the rise of QR code scams and what you should know before scanning them.See omnystudio.com/listener for privacy information.
2/25/2022 • 7 minutes, 36 seconds
What Russia’s invasion of Ukraine means for Asia
In news out today, missiles pounded the Ukrainian capital as Russian forces pressed their advance. Ukrainian President Volodymyr Zelensky pleaded with the international community to do more, saying sanctions announced so far were not enough.
In While You Were Working, Shehzad Haque and JP Ong spoke to Dr Samir Puri, Senior Fellow in Urban Security and Hybrid Warfare, International Institute for Strategic Studies to find out what Russia’s invasion of Ukraine means for Asia. See omnystudio.com/listener for privacy information.
2/25/2022 • 13 minutes, 31 seconds
The Big Story, 23 Feb: US President's response to Russia invading Ukraine
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Straits Times US Bureau Chief, Nirmal Ghosh, on US President Joe Biden’s reaction to the Russian invasion of Ukraine and the sanctions that may follow. See omnystudio.com/listener for privacy information.
2/24/2022 • 4 minutes, 22 seconds
What Russia's invasion of Ukraine means for global economies
Explosions rang out before dawn in Ukraine's capital, Kyiv, and several cities, after Russia announced a military operation. Shehzad Haque and Melissa Hyak spoke to Pushan Dutt, Professor of Economics and Political Sciences, INSEAD about the situation in Ukraine.See omnystudio.com/listener for privacy information.
2/24/2022 • 8 minutes, 59 seconds
Inside Hong Kong: Budget and Covid-19 updates
Hong Kong has announced a S$139 billion budget for next year with most of the money devoted to dealing with its deteriorating Covid-19 situation. Rachel Kelly spoke to Claire Huang, Hong Kong correspondent for The Straits Times to discuss the key takeaways from the 2022-23 budget, as well as updates and analysis from the territory.See omnystudio.com/listener for privacy information.
2/24/2022 • 13 minutes, 6 seconds
ST: The Big Story, 23 Feb - Singapore will soon see Omicron peak, says expert
In The Straits Times' The Big Story, Multimedia journalist Hairianto Dirman spoke to Associate Professor Alex Cook, vice-dean of research at NUS' Saw Swee Hock School of Public Health about Singapore's present Covid-19 situation with new cases jumping to a record high 26,032 on Tuesday. The previous highest number of cases recorded was 19,420 on Feb 15. See omnystudio.com/listener for privacy information.
2/23/2022 • 7 minutes, 45 seconds
Eco Money: How does Budget 2022's sustainability initiatives stack up?
The Singapore Budget 2022 statement unveiled ambitious targets to tackle climate change, including an increase in carbon tax and plans to achieve net zero by mid-century.
On Eco Money, hosts Shehzad Haque and Melissa Hyak spoke to Ng Wai Mun, Assistant Editor, Eco-Business on the sustainability initiatives in this year’s Budget. See omnystudio.com/listener for privacy information.
2/23/2022 • 10 minutes, 40 seconds
Sustainable Singapore: Reactions to Budget 2022 & how business and sustainability overlap
The carbon tax rate in Singapore will be increased from the current $5 per tonne of emissions to between $50 and $80 by 2030, a move that will help the nation reach new, more ambitious climate goals.
Finance Minister Lawrence Wong said in his Budget speech that the aim is for emissions to dwindle to net zero by or around 2050,
On Sustainable Singapore, hosts Shehzad Haque and Melissa Hyak spoke to Som Shantanu, Regional Engineering Director of GE Gas Power on what the carbon tax price increase means for the energy market in Singapore.See omnystudio.com/listener for privacy information.
2/23/2022 • 8 minutes, 15 seconds
Across the ASEAN: Why Vietnam May Benefit the Most from the RCEP Pact
DBS thinks that Vietnam stands to gain the most among Southeast Asian nations who have joined the Regional Comprehensive Economic Partnership, as the country also tries to recover from the impact of prolonged COVID-linked closures of factories last year. On Across the ASEAN, JP Ong spoke to DBS Economist Han Teng Chua about their outlook for Vietnam this year. See omnystudio.com/listener for privacy information.
2/23/2022 • 12 minutes, 26 seconds
In The Spotlight: Balancing Budget 2022 to uplift low wage workers
In The Spotlight, Prime Time’s Rachel Kelly spoke to Dr Gillian Koh, Deputy Director of the Institute of Policy Studies at NUS about her thoughts on Budget 2022 and what the measures mean for consumers and households, as well as balancing the Budget to uplift low-wage workers.See omnystudio.com/listener for privacy information.
2/22/2022 • 10 minutes, 34 seconds
How European Markets Are Responding to Escalating Russia-Ukraine Tensions
Markets got rocked after President Vladimir Putin moved to recognize the sovereignty of separatist regions, and sent troops on what he called a "Peacekeeping Mission". How might the US and Europe respond to Russia's recent move, and could potential sanctions or military conflict be on the cards? Peter Lundgreen, founder of Lundgreens Capital, joined us on Prime Time from Copenhagen, Denmark to discuss how markets out west are reacting.See omnystudio.com/listener for privacy information.
2/22/2022 • 14 minutes, 21 seconds
Budget 2022: The impact of property tax changes on homeowners
On Powering Your Property, Prime Time’s Rachel Kelly spoke to Ismail Gafoor, CEO, Propnex to discuss the impact of the property tax changes announced in Budget 2022 on the real estate sector. Announced during Budget 2022 last Friday, property taxes rates for both owner-occupied and non-owner-occupied residential properties will go up in 2 steps starting from 2023. This comes in the wake of a fresh round of cooling measures in December last year.See omnystudio.com/listener for privacy information.
2/22/2022 • 10 minutes, 41 seconds
ST: The Big Story, 22 Feb - Ukraine crisis worsens as Putin orders Russian troops into breakaway regions
On Monday, Russian President Vladimir Putin recognised two breakaway regions in eastern Ukraine as independent, and ordered troops to launch what Moscow called a peacekeeping operation into the area.
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke to Global affairs correspondent Jonathan Eyal on the developments in the Russia-Ukraine conflict. See omnystudio.com/listener for privacy information.
2/22/2022 • 6 minutes, 17 seconds
In The Spotlight: Businesses' reaction to Budget 2022
In The Spotlight, Prime Time’s Rachel Kelly and Shehzad Haque spoke to Lam Yi Young, CEO, Singapore Business Federation to find out his thoughts on some of the business focused initiatives from this year’s Budget announced by Finance Minister Lawrence Wong. See omnystudio.com/listener for privacy information.
2/21/2022 • 9 minutes, 22 seconds
Reviewing Singapore’s Budget and fiscal goals
In Market View, Finance Presenter JP Ong spoke to Darren Tay, Country Risk Analyst, Fitch Solutions about his thoughts on Budget 2022 and what it means for Singapore's economy moving forward. See omnystudio.com/listener for privacy information.
2/21/2022 • 6 minutes, 8 seconds
ST: The Big Story, 21 Feb - Public transport ridership rises in 2021; still far from pre-Covid-19 levels
Public transport ridership recovered in 2021 on the back of relaxed Covid-19 restrictions. Bus and train rides averaged 5.25 million a day in 2021 - 4.3% higher than in 2020.
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Senior transport correspondent Christopher Tan to find out more about these findings. See omnystudio.com/listener for privacy information.
2/21/2022 • 5 minutes, 3 seconds
Recapping Budget 2022: GST hike & higher income tax for top earners
Prime Time's Rachel Kelly and Finance Presenter JP Ong speak with Alvin Liew Senior Economist, UOB and Chiu Wu Hong, Partner, Head of Enterprise, Tax, KPMG Singapore about the key highlights from Budget 2022. Finance Minister Lawrence Wong announced major tax changes and targeted help for workers, households and businesses in his Budget speech earlier today. See omnystudio.com/listener for privacy information.
2/18/2022 • 19 minutes, 15 seconds
Trends and Changes Among Asia's High Net Worth Individuals
Lombard Odier recently surveyed High Net Worth Individuals (HNWIs) across Asia to get a better understanding of how their profiles and interests are changing as a new generation takes over. Vincent Magnenat, Limited Partner and Asia CEO for Lombard Odier, spoke to us on Prime Time about what they've learned and what's important to the HNWI's of today and of the future.See omnystudio.com/listener for privacy information.
2/17/2022 • 11 minutes, 57 seconds
Budget 2022 preview with KPMG
According to KPMG as the post-pandemic world starts to emerge, Budget 2022 will provide opportunities to spur growth and expansion. To give his analysis on some of the key elements to look out for in the Budget, Prime Time’s Rachel Kelly, Shehzad Haque and Finance Presenter JP Ong speak to See Wei Hwa, Partner, Tax, KPMG Singapore.See omnystudio.com/listener for privacy information.
2/17/2022 • 14 minutes, 19 seconds
Tech Talk: Key tech trends that will impact hybrid working in 2022
With hybrid working here to stay, what are some of the technological solutions for this model in the year ahead? On Tech Talk, Prime Time's Rachel Kelly and Shehzad Haque speak to Brian Fernandez, Managing Director, Biztech.Asia who shares the latest on key tech trends on the business front.
See omnystudio.com/listener for privacy information.
2/17/2022 • 8 minutes, 8 seconds
ST: The Big Story, 17 Feb - Changes to Singapore’s Covid-19 rules
On Wednesday, the multi-ministry task force announced a slew of changes to Singapore’s Covid-19 rules.
In The Straits Times' The Big Story, video editor Olivia Quay spoke to Professor Teo Yik Ying, dean of NUS’ Saw Swee Hock School of Public Health on these developments.See omnystudio.com/listener for privacy information.
2/17/2022 • 4 minutes, 37 seconds
Across the ASEAN: Will 2022 Be a Better Year for Thailand?
Of the major economies across the ASEAN, perhaps none are more keen on sustaining an economic reopening than Thailand and its very important tourism sector. And though the country's fiscal position is tighter than 2 years ago, there is talk of offering tax cuts on stock trading and investments towards electric vehicles. Maria Lapiz, Managing Director of Maybank Securities Thailand, spoke to JP Ong on Across the ASEAN about Thailand's outlook and if there are brighter days ahead.See omnystudio.com/listener for privacy information.
2/16/2022 • 14 minutes, 1 second
Sustainable Singapore: TiNDLE closes the world’s largest Series A to date for a plant-based meat company
Local agri-tech company Next Gen Foods recently announced it received a record-breaking US$100 million for its plant-based chicken alternative, TiNDLE, making it the world’s largest series A to date for an alternative meat company. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Alex Ward, Chief Operating Officer, Next Gen Foods who shares what’s next for the company, and how Singapore's agri-tech sector is set to expand this year.See omnystudio.com/listener for privacy information.
2/16/2022 • 11 minutes, 29 seconds
What do global covid-19 protests mean for impacted economies and trade flows?
As Canada’s Covid-19 vaccine mandate protests have rippled across the globe, Prime Time’s Rachel Kelly and Shehzad Haque speak to Cedric Chehab, Global Head of Country Risk at Fitch Solutions who shares his analysis on what it means for impacted economies and trade flows.See omnystudio.com/listener for privacy information.
2/15/2022 • 7 minutes, 2 seconds
UOB's Outlook on Rates, Volatility, Other Risk Sources
With markets adjusting to the prospect of rising interest rates from the Federal Reserve, the question is how quickly might the US Central Bank move? According to UOB's Head of Market Strategy, Heng Koon How, they're expecting the Fed to act fast and pull the trigger on a larger 50 basis point hike next month. He spoke to JP Ong on Prime Time about what this might mean for market volatility, and his thoughts on signs of the Treasury yield curve flattening, the path forward for Asian central banks including Singapore's MAS, and what recent Russia-Ukraine tensions mean for markets grappling with even more uncertainty.See omnystudio.com/listener for privacy information.
2/15/2022 • 10 minutes, 34 seconds
Powering Your Property: How might a wealth tax affect property owners and investors?
With Budget 2022 just days away, watchers say some form of wealth tax looks to be on the cards and believe it is likely to be related to property. On Powering Your Property, Prime Time’s Rachel Kelly and Shehzad Haque speak to Nicholas Mak, Head of Research & Consultancy, ERA Real Estate who shares what this might mean for the property sector.See omnystudio.com/listener for privacy information.
2/15/2022 • 10 minutes, 13 seconds
Highlights in Parliament, including the FIR Agreement between S'pore & Indonesia
Parliament was in session today, with The Flight Information Region Agreement between Singapore and Indonesia, and also the Gambling Regulatory Authority of Singapore Bill on the agenda.
Prime Time's Rachel Kelly speaks to Zakir Hussain, Singapore Editor, The Straits Times who shares the latest, and gives a preview of what we can expect from the Workers' Party when they expressing their views on Parliament's COP.
See omnystudio.com/listener for privacy information.
2/14/2022 • 8 minutes, 57 seconds
US dollar trends and what it means to other major currencies
In The Spotlight, Prime Time's Rachel Kelly spoke to Ruth Carson, Senior Currency Reporter at Bloomberg for an update on the US dollar, inflation rates, and the impact of rising tensions between Russia and Ukraine on currency markets.See omnystudio.com/listener for privacy information.
2/14/2022 • 7 minutes, 4 seconds
ST: The Big Story, 14 Feb - The potential impact of the Ukraine-Russia conflict
In The Straits Times’ The Big Story, Video editor Olivia Quay spoke to China bureau chief Tan Dawn Wei and Japan correspondent Walter Sim about the impact of the possible invasion of Ukraine by Russia on China and Japan.See omnystudio.com/listener for privacy information.
2/14/2022 • 6 minutes, 26 seconds
How are Asian Fund selectors digesting risk in 2022?
A survey by Natixis Investment Managers has found that economic risks from Covid-19 are still weighing heavily on Asia fund selectors. Prime Time's Finance Presenter JP Ong speaks to Madeline Ho, Head of Wholesale Fund Distribution, Asia Pacific and CEO Singapore who shares the details of the survey. See omnystudio.com/listener for privacy information.
2/14/2022 • 10 minutes, 25 seconds
Forex Fridays: What to Make of Diverging Monetary Policies
With the Fed getting more room to be hawkish after that inflationary jump in the US, what do we make of other currencies backed by more dovish Central Banks like the Reserve Bank of Australia and the Bank of Japan? Phillip Nova Strategist Lim Jun Kit spoke to JP Ong on Forex Fridays on what this spells for the USD, AUD, and JPY, in the weeks to come, along with his outlook on the Singapore Dollar ahead of next week's budget statement.
See omnystudio.com/listener for privacy information.
2/13/2022 • 12 minutes, 50 seconds
In The Spotlight: Global gold market trends in 2022
According to a report by the World Gold Council, global gold demand rose 10 per cent in 2021 on account of a massive 50 per cent surge in year-on-year demand -- a 10-quarter high -- during the December quarter.
In The Spotlight, Prime Time's Rachel Kelly spoke to David Tait, Global CEO, World Gold Council to find out if he expects gold to face similar dynamics this year. See omnystudio.com/listener for privacy information.
2/11/2022 • 13 minutes, 59 seconds
ST: The Big Story, 11 Feb - Workers' Party top leaders to speak in Parliament debate on COP report
Top leaders of the Workers' Party will be expressing their views on the Parliament's Committee of Privileges' report when the House debates the report next Tuesday.
In a statement today, the party noted that the committee had called for a fine of $35,000 for its ex-MP Raeesah Khan for lying in Parliament.
The committee had recommended that WP chief and Leader of the Opposition Pritam Singh, who is an MP for Aljunied GRC, be referred to the Public Prosecutor for further investigations. It had also done the same for Aljunied GRC MP and WP vice-chair Faisal Manap.
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to opinion editor Grace Ho to find out more about her commentary ‘COP's final report on Raeesah Khan is not the final chapter to a long-running saga’.See omnystudio.com/listener for privacy information.
2/11/2022 • 10 minutes, 18 seconds
Asian Insider, Inside HK (10 Feb) - Hong Kong's toughest Covid-19 restrictions come into force
With Hong Kong’s toughest Covid-19 rules coming into force and the city seeing record breaking cases, Prime Time’s Rachel Kelly speaks to Claire Huang, Hong Kong Correspondent, Straits Times who breaks down the situation and highlights the challenges of its the Covid-zero strategy.See omnystudio.com/listener for privacy information.
2/10/2022 • 9 minutes, 4 seconds
ST: The Big Story (10 Feb) - Education Minister Chan Chun Sing says half a million adults need to upskill
Education Minister Chan Chun Sing says the pace of acquiring skills and new knowledge must intensify as Singaporeans face the reality of having to change jobs every five years. On The Straits Times' Big Story Olivia Quay speaks to Journalist Ng Wei Kai who shares more of the details. See omnystudio.com/listener for privacy information.
2/10/2022 • 5 minutes, 56 seconds
Of Rising Rates, Liquidity Concerns, Earnings, and Crypto Out in Wall Street
Markets may stay volatile for much of the first quarter as investors come to grips with rising rates and tighter monetary policy. Edward Moya, Senior Market Analyst for OANDA, joined us on Prime Time to talk about market conditions on Wall Street, and fears of tighter liquidity that some strategists have raised. He also touched on the earnings season out in the US, and where crypto might head of monetary policy tightens.See omnystudio.com/listener for privacy information.
2/10/2022 • 19 minutes, 49 seconds
NFTs - what do you need to know before you jump in with investment FOMO?
Non-fungible token sales volume surged past the $4 billion mark in the last month, according to TradingPlatforms.com and data released by DappRadar.
Why are NFTs suddenly so popular and what do you need to know before you jump in with investment FOMO?
In Tech Talk, Prime Time's Rachel Kelly spoke to Seh Huan Kiat, Fintech Director at PhillipCapital to understand the tech behind the trend.See omnystudio.com/listener for privacy information.
2/10/2022 • 15 minutes, 9 seconds
ST: The Big Story, 9 Feb - Organ donor named ST Singaporean of the Year 2021
An organ donor who gave part of his liver to a one-year-old girl he had never met, has been named The Straits Times Singaporean of the Year 2021.In The Big Story, multimedia journalist Hairianto Dirman spoke to Sakthibalan Balathandautham about receiving the accolade, as well as his activism in organ donation.See omnystudio.com/listener for privacy information.
2/9/2022 • 5 minutes, 35 seconds
Across the ASEAN: Challenges and Solutions for Regional Manufacturers
The road ahead for Southeast Asia's manufacturers may still be a fairly uncertain one, with factories grappling with COVID-19 disruptions, supply chain inefficiencies and labor shortages, to name a few. And disruptions in Southeast Asia may have ripple effects across the global supply chain. Suraj Kamath, Director for Industry Consulting in the Manufacturing Sector at SAS, joined us on Across the ASEAN to talk about how integral ASEAN manufacturers have become to global industries, and if data driven solutions and technology might be able to help them solve these persistent issues.See omnystudio.com/listener for privacy information.
2/9/2022 • 13 minutes, 13 seconds
Eco Money: Business Sustainability wishlist for Budget 2022
The Singapore Budget is just over one week away, and a key theme this year is sustainability.
Industry leaders have said that the upcoming national Budget should offer businesses grants and other support to promote environmental, social, and governance issues.
In Eco Money, Prime Time's Rachel Kelly spoke to Professor Lawrence Loh Director, Centre for Governance and Sustainability at NUS Business School to find out what’s on the Budget wishlist of the business and investment community when it comes to ESG.See omnystudio.com/listener for privacy information.
2/9/2022 • 11 minutes, 53 seconds
Sustainable Singapore: Solving complex food waste problems with the help of insects
For most of us, flies are an annoyance, especially when they come near our food. However, a project in Singapore is looking at how food waste can be converted into nutrients for food production, with the help of the black soldier fly. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Nalini Puniamoorthy, Assistant Professor at the Department of Biological Sciences at NUS who shares more on how black soldier flies can help reduce food waste, while also increase food production in a sustainable way.See omnystudio.com/listener for privacy information.
2/9/2022 • 14 minutes, 45 seconds
World leaders step up talks amid Russia-Ukraine crisis
As world leaders step up talks on the Russia-Ukraine situation, Prime Time’s Rachel Kelly and Shehzad Haque speak to Professor Andrew Delios, Vice Dean, MSc Programmes, Department of Strategy & Policy, NUS Business School who shares if the timeline for diplomatic negotiations is dwindling.See omnystudio.com/listener for privacy information.
2/8/2022 • 10 minutes, 16 seconds
ST: The Big Story (08 Feb) - ComfortDelGro to raise cab fares in March
Leading taxi group ComfortDelGro will raise cab fares from March 1 - its first fare increase in a decade. On The Straits Times’ Big Story, Harianto Diman speaks to Senior transport correspondent, Christopher Tan who weighs in on what this means for consumers. See omnystudio.com/listener for privacy information.
2/8/2022 • 4 minutes, 7 seconds
Powering Your Property: What's driving the resurgence of the office property demand?
Singapore’s office market performance ended on a strong note last year, despite the repeated rolling back of safe management measures to combat new waves of Covid-19 infections. On Powering Your Property, Rachel Kelly and Shehzad Haque speak to Wong Xian Yang, Head of Research, Singapore at Cushman & Wakefield who shares the driving factors behind the office property demand.See omnystudio.com/listener for privacy information.
2/8/2022 • 10 minutes, 45 seconds
Unpacking OCBC and Singapore Banks' Approaches to Managing Surplus Capital
Bloomberg Intelligence issued a report on how Singapore's banks manage their surplus capital, and in particular OCBC's relatively more conservative approach and if it highlights any potential weaknesses for Singapore's second largest lender. JP Ong spoke to Rena Kwok, Credit Analyst at Bloomberg Intelligence, about their findings a week before SIngapore's banks release their latest earnings.See omnystudio.com/listener for privacy information.
2/8/2022 • 10 minutes, 43 seconds
SGX CFO on results and strategy for 2022
This year, the Singapore Exchange has seen its first SPAC listings, yet the bourse operator recently posted a 8.8 per cent decline in net profit for the first half of financial year 2022. To take a deeper dive into the numbers and give an understanding of the exchange's strategy in the year ahead, Prime Time's Rachel Kelly speaks to Ng Yao Loong, Chief Financial Officer, SGX.See omnystudio.com/listener for privacy information.
2/7/2022 • 20 minutes, 36 seconds
Key developments in the Russia-Ukraine crisis
With the world keeping a keen ear to the ground on the Russia-Ukraine situation, Prime Time’s Rachel Kelly and Shehzad Haque speak to Rich Preston, Senior Presenter, BBC who shares the latest developments. Plus, he gives a look-ahead to The Ocean Summit, which aims to address a key area of environmental concern. See omnystudio.com/listener for privacy information.
2/7/2022 • 9 minutes, 12 seconds
ST: The Big Story, 07 Feb - What you need to know about S'pore's planned GST hike
Minister for Finance Lawrence Wong will deliver Singapore's Budget 2022 statement on Feb 18 in Parliament at 3.30pm. One thing to look out for is the planned GST hike, with more details about it expected to be revealed during the speech. On The Straits Times' Big Story, Harianto Diman speaks to Straits Times' Opinion editor Grace Ho who shares more.See omnystudio.com/listener for privacy information.
2/7/2022 • 4 minutes, 58 seconds
What to look out for in Budget 2022
Minister for Finance Lawrence Wong is set to deliver his first Singapore Budget 2022 statement on February 18th in Parliament at 3.30pm. For what to look out for in the speech, Prime Time's Rachel Kelly and Shehzad Haque speak to Zakir Hussain, Singapore Editor at The Straits Times who gives a preview.See omnystudio.com/listener for privacy information.
2/7/2022 • 7 minutes, 32 seconds
Has the tech rally come to a screeching halt?
Last week saw Facebook crash more than 25% in the worst slump in the history of the stock market. Prime Time’s Finance Presenter, JP Ong speaks to Daniel Ives, Managing Director for Equity Research at Wedbush Securities, who shared his analysis on whether the tech rally, we’ve seen over the last two years, is over.See omnystudio.com/listener for privacy information.
2/7/2022 • 12 minutes, 27 seconds
Forex Fridays: Taking Stock of Recent USD Softness and Recent Central Bank Decisions
In the last week, we've seen the US Dollar weaken significantly, despite the prospect of tighter monetary policy from the Federal Reserve. There were also a number of major central banks that made key policy decisions. Vishnu Varathan, Head of Economics and Strategy at Mizuho Bank, joined us on Forex Fridays to take stock of the broader FX space at the start of the Year of the Tiger.See omnystudio.com/listener for privacy information.
2/5/2022 • 14 minutes, 29 seconds
In The Spotlight: Latest from the Ukraine-Russia crisis
The US has claimed Russia is planning to stage a fake Ukrainian attack that it would use to justify an invasion.
Russia denied it was planning to fabricate an attack, and the US did not provide evidence to support the claim.
The build-up of tens of thousands of Russian troops on Ukraine's borders has escalated fears of an invasion.
In The Spotlight, Prime Time's Rachel Kelly spoke with Pushan Dutt, Professor of economics and political sciences at INSEAD about the latest developments in Russia and Ukraine. See omnystudio.com/listener for privacy information.
2/4/2022 • 11 minutes, 37 seconds
ST: The Big Story, 4 Feb - What is Singapore's window of opportunity to ease Covid-19 rules?
Singapore’s high vaccination and booster rates give the country a window of opportunity to ease some Covid-19 measures, especially as the Omicron variant causes a less severe form of the disease, suggest several experts.
Easing measures does not mean doing away with all safety measures, they said. But there are some that may no longer be as useful.
On The Straits Times' The Big Story, video editor Olivia Quay spoke to Senior health correspondent Salma Khalik to find out more. See omnystudio.com/listener for privacy information.
2/4/2022 • 6 minutes, 3 seconds
Govt launches online survey seeking views on how to rejuvenate HDB shops
The Ministry of National Development has announced that Singapore residents can contribute ideas and views on how to breathe new life into HDB heartland shops through an online survey. Prime Time’s Rachel Kelly speaks to Michelle Ng, Housing Correspondent, The Straits Times who shares more on what this hopes to achieve.See omnystudio.com/listener for privacy information.
2/4/2022 • 7 minutes, 51 seconds
Australia's Market Outlook Against the Fed's Tighter Policy Prospects
Markets are starting to show signs of recovering from late January's meltdown, with signs that the recent selloff may indeed be over. And while investors wait to see if other central banks will follow the Federal Reserve in raising rates, the Reserve Bank of Australia has been relatively dovish as compared to its G-10 peers. Jessica Amir, Australian Market Strategist at Saxo, spoke to us on Prime Time about how these events might shape the outlook for Australian equities.See omnystudio.com/listener for privacy information.
2/3/2022 • 12 minutes, 14 seconds
In The Spotlight: Challenges ahead for the Beijing Winter Olympics
The Beijing Winter Olympics opening ceremony is set to get underway, but the games face a number of huge challenges. Prime Time’s Rachel Kelly and Shehzad Haque speak to James Walton, SEA Sports Business Group Leader, Deloitte who shares his analysis on how China might tackle these issues.See omnystudio.com/listener for privacy information.
2/3/2022 • 9 minutes, 32 seconds
ST: The Big Story (03 Feb) - GPs in S'pore see surge in number of patients over CNY holidays
General practitioner clinics that remained open over the Chinese New Year holiday saw a surge in walk-in patients, some with acute respiratory infection. On The Straits Times Big Story, Olivia Quay speaks to Dr Tan Teck Jack, Chief executive of Northeast Medical Group, who shares more about the situation after the two-day Chinese New Year break.See omnystudio.com/listener for privacy information.
2/3/2022 • 3 minutes, 12 seconds
Tech Talk: Analysis on the wraek keyboard, Google AR headset & upcoming Samsung Galaxy S22
On Tech Talk, Prime Time’s Rachel Kelly and Shehzad Haque speak to Cheryl Tan, Tech Journalist, Tech360.tv who shares her analysis on the latest gadget news and trends, including the latest Metaverse focused products. See omnystudio.com/listener for privacy information.
2/3/2022 • 8 minutes, 7 seconds
The Dos and Don'ts of resigning
Singapore’s labour market continued to recover in the fourth quarter of 2021. But is it a job hunters market? And if so, what do you need to know before making that switch? Prime Time’s Rachel Kelly speaks to Adrian Choo, CEO/Founder at Career Agility International to find out.See omnystudio.com/listener for privacy information.
1/28/2022 • 9 minutes, 16 seconds
Forex Friday: How high can the US dollar go?
On Forex Friday, Prime Time's Rachel Kelly speaks to Peter Chia, Senior FX Strategist, UOB who shares his outlook on Sing/US dollar after the surprise tightening of monetary policy by The MAS this week, and how much higher the US dollar is set to trend?See omnystudio.com/listener for privacy information.
1/28/2022 • 7 minutes, 50 seconds
ST: The Big Story, 28 Jan - Almost one year on from Myanmar's military coup
On Feb 1, it will be a year since Myanmar's military toppled the elected government and detained its leader Aung San Suu Kyi.
The country remains in turmoil, and clashes between the military and the newly formed people's defence forces as well as a number of armed ethnic groups continue to escalate.
The Big Story's Olivia Quay speaks to Straits Times' Indochina bureau chief, Tan Hui Yee who discusses the situation on the ground, one year on. See omnystudio.com/listener for privacy information.
1/28/2022 • 5 minutes
SGExtra: Singapore scored S$11.8b in fixed asset investment in 2021
Singapore attracted $11.8 billion worth of investments in 2021, reflecting the nation's status as a strategic hub for global companies. This exceeded the Singapore Economic Development Board's medium- to long-term yearly target of between $8 billion and $10 billion.
When fully implemented, these projects will create 17,376 new jobs over the next five years.
On SGExtra, Prime Time's Rachel Kelly spoke to Choo Yun Ting, Business Correspondent, The Straits Times to find out more about EDB's strategy for 2022 and what the best opportunities might be.See omnystudio.com/listener for privacy information.
1/28/2022 • 8 minutes, 11 seconds
A look-back on markets for the first month of 2022
We’re coming to the end of the first month of 2022. The STI is currently up around 4 percent year to date and the first SPACs have listed here in Singapore. Plus, The MAS announced a surprise off-schedule currency move. To look back at market news from the month of January, Prime Time's Rachel Kelly speaks to Terence Wong, CEO of Azure Capital who shares his analysis.See omnystudio.com/listener for privacy information.
1/27/2022 • 11 minutes, 34 seconds
In The Spotlight: Singapore-Indonesia bilateral relationship
Earlier this week, Prime Minister Lee Hsien Loong and President Joko Widodo witnessed the signing and exchange of three agreements at the Singapore-Indonesia Leaders' Retreat. Prime Time’s Rachel Kelly speaks to Made Supriatma, Visiting Fellow, Institute of Southeast Asian Studies ISEAS–Yusof Ishak Institute who breaks down the details.See omnystudio.com/listener for privacy information.
1/27/2022 • 8 minutes, 12 seconds
How to best protect yourself from online scams
In the first six months of last year, there were 658 cases of job scams - a 16-fold increase from just 40 in the same period in 2020. This as contact-free digital payments become more prevalent during the pandemic. Prime Time's Rachel Kelly speaks to Aaron Bugal, Global Solutions Engineer, APJ at Sophos to find out more about the types of scams currently in the market and how you can best protect yourself. See omnystudio.com/listener for privacy information.
1/27/2022 • 9 minutes, 45 seconds
ST: The Big Story, 27 Jan - Singapore to continue to host Formula One Grand Prix until 2028
In one of the strongest signals that Singapore is committed to reopening and returning to life in a world with Covid-19, the Singapore Tourism Board and promoters Singapore GP announced a new seven-year deal to continue hosting a Formula One race here. The Big Story’s Olivia Quay speaks to Straits Times’ Assistant Sports Editor, Jonathan Wong who shares more on what a 2022 race may look like amid the ongoing pandemic.See omnystudio.com/listener for privacy information.
1/27/2022 • 4 minutes, 38 seconds
Eco Money: Is Asia’s EV drive going fast enough?
As the green transition takes off around the world, the adoption of electric vehicles (EV) has become a fundamental part of this strategy.
That's because road transport accounts for 10% of global emissions, and its emissions are rising faster than those of any other sector.
But, what are the common barriers to EV adoption? On Eco Money, Prime Time's Rachel Kelly spoke to Joseph Incalcaterra, Chief Asean Economist, HSBC to get a clearer picture of the EV situation and the road ahead for e-mobility.See omnystudio.com/listener for privacy information.
1/26/2022 • 13 minutes, 7 seconds
Across the ASEAN: Outlook for the aviation sector in 2022
The covid-19 pandemic has taken a toll on the aviation sector in the past two years, but IATA has called for removing all travel barriers for those fully vaccinated with a WHO-approved vaccine. Could this signal a light at the end of the tunnel? Prime Time's Rachel Kelly speaks to Shukor Yusof, Founder, Endau Analytics who shares his analysis on this, and the latest updates from Singapore Airlines and Air Asia X. See omnystudio.com/listener for privacy information.
1/26/2022 • 10 minutes, 36 seconds
ST: The Big Story, 26 Jan - Singapore draws $11.8b in fixed asset investments in 2021 despite Covid-19
Singapore attracted $11.8 billion in fixed asset investments in 2021, bolstered by large manufacturing projects from semiconductor and biotech firms despite challenges amid Covid-19.
In The Straits Times’ The Big Story, video editor Olivia Quay spoke to Damian Chan, executive vice-president at the Singapore Economic Development Board to discuss these latest results.See omnystudio.com/listener for privacy information.
1/26/2022 • 5 minutes, 25 seconds
Sustainable Singapore: Why what you eat, matters for the planet
A new study by ‘Nature Food’ has found that if people in developed nations adopted a healthy, low-meat diet, a huge amount of carbon would be cut by letting farmland revert back to its natural habitat. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Joanna Chen, Executive Director at Centre for a Responsible Future who shares more on the impact adopting a vegan lifestyle has on the planet, and how CRF supports individuals and businesses in their plant-based journey.See omnystudio.com/listener for privacy information.
1/26/2022 • 12 minutes, 10 seconds
How can space tourism join the mainstream of commercial, leisure travel?
Space tourism took a giant leap in 2021, but with many concerns still hanging over the industry, when might it take off in the mainstream market? Prime Time’s Rachel Kelly speaks to Japnit Singh, Deputy CEO at Spire Research and Consulting who shares more on how the sector may develop in the coming years.See omnystudio.com/listener for privacy information.
1/25/2022 • 9 minutes, 30 seconds
Powering your Property: Is a SPAC listing suitable for a real estate company?
What does the SPAC-listing boom mean for real estate? On Powering Your Property, Prime Time’s Rachel Kelly speaks to Song Chang Cheng, Professor of Finance, Lee Kong Chian School of Business, Singapore Management University who shares more on whether a SPAC listings are suitable for a real estate company, and what real estate investors should take note of.See omnystudio.com/listener for privacy information.
1/25/2022 • 8 minutes, 31 seconds
ST: The Big Story, 25 Jan - S'pore and Indonesia agree on three longstanding bilateral issues
Singapore and Indonesia have signed a set of agreements, addressing long standing bilateral issues on the flight information region, defence cooperation, and extradition of fugitives.In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Singapore editor Zakir Hussain to find out more. See omnystudio.com/listener for privacy information.
1/25/2022 • 5 minutes, 16 seconds
Analysis on The MAS' decision to tighten its Singdollar policy
The Monetary Authority of Singapore tightened its Singdollar policy in a surprise move. Typically such adjustments are reserved for its bi-annual monetary policy statements in April and October. To help better understand the move Prime Time's Rachel Kelly speaks to Selena Ling, Head of Treasury Research & Strategy, OCBC Bank who shares more about the timing of this, and what it might mean for inflation.See omnystudio.com/listener for privacy information.
1/25/2022 • 7 minutes, 24 seconds
What’s driving the crypto market tumble and is it set to continue?
In the blink of an eye, more than a trillion dollars in crypto-market value has evaporated.
The jarring downturn that's been a hallmark of digital assets in recent weeks continued to play out last week and into Saturday (Jan 22), with Bitcoin at one point losing more than 15 per cent during that stretch.
In The Spotlight, Prime Time's Rachel Kelly spoke to Joanna Ossinger, Markets Editor, Bloomberg and Chanyaporn Chanjaroen, Reporter at Bloomberg to find out more about the crypto meltdown.See omnystudio.com/listener for privacy information.
1/24/2022 • 11 minutes, 29 seconds
Overworked in Singapore & attendance bonuses for staff who refuse sick leave common here
One in two Singapore employees has been grappling with longer working hours since the Covid-19 pandemic started two years ago.
And a third of those who work overtime put in more than two extra hours a day, a study commissioned by The Straits Times has found.
On SGExtra, Prime Time's Rachel Kelly spoke to Zakir Hussain, Singapore Editor at The Straits Times to find out more. They also discuss why incentivising workers to take less sick leave is prevalent in some industries here.See omnystudio.com/listener for privacy information.
1/24/2022 • 9 minutes, 16 seconds
What strategy should investors adopt in equity markets for 2022?
2021 saw a strong global economic recovery but, inflation pressures, slower growth rates and tighter monetary policy have some worried that stocks will face a reckoning in 2022. So what strategy should investors adopt, and are there bright spots to look out for? Prime Time's Rachel Kelly speaks to Andy Budden, Investment Director, Capital Group who shares his analysis. See omnystudio.com/listener for privacy information.
1/24/2022 • 10 minutes
Tonga's Olympic flag bearer raises money for the country's volcanic relief
After a massive volcanic eruption on the island of Tonga, the country's Olympic flagbearer has started a GoFundMe fundraising campaign to support those in most need. Prime Time's Rachel Kelly and Melissa Hyak speak to Pita Taufatofua who shares more about the situation in Tonga, and how the funds will be used.See omnystudio.com/listener for privacy information.
1/21/2022 • 9 minutes, 52 seconds
ST: The Big Story, 21 Jan - Singapore likely to see 'significant' Omicron wave
New measures were announced by the multi-ministry task force on Covid-19 to help Singapore prepare to deal with the new Omicron wave. The Big Story's Harianto Diman speaks to Professor Teo Yik Ying, dean of the National University of Singapore's Saw Swee Hock School of Public Health, who weighs in on the latest developments.See omnystudio.com/listener for privacy information.
1/21/2022 • 7 minutes, 13 seconds
How can consumers protect themselves against phishing scams?
In the last two weeks of December last year, nearly 470 OCBC customers fell victim to phishing scams that saw a total of S$8.5 million stolen from their bank accounts. Prime Time's Rachel Kelly and Melissa Hyak speak to Dominic Low, Journalist, The Straits Times who shares more about the recent spate of phishing scams here and how consumers can better protect themselves going forward. See omnystudio.com/listener for privacy information.
1/21/2022 • 8 minutes, 50 seconds
In The Spotlight: Reinventing retail investing in the digital world
Phillip Securities has been servicing retail investors in Singapore for over 40 years - But with the proliferation of mobile trading apps, increasing competition, and a younger generation of traders looking for new investment options, how is Phillip Securities revamping its offerings to stay relevant? Prime Time's Rachel Kelly speaks with Luke Lim, Managing Director, Phillip Securities who shares more.See omnystudio.com/listener for privacy information.
1/21/2022 • 19 minutes, 10 seconds
Forex Friday: What impact might Budget 2022 have on the Singdollar?
On Forex Friday, Prime Time's Rachel Kelly and Melissa Hyak speak to Jeff Ng, Senior Currency Analyst at MUFG who shares his outlook on how Budget 2022 might move the Singapore dollar, and FX trends around the region, such as China’s central bank setting its strongest reference rate for the yuan in three years.See omnystudio.com/listener for privacy information.
1/21/2022 • 8 minutes, 52 seconds
ST : The Big Story, 20 Jan - Singapore's Covid-19 Story
A new book has been released which chronicles the first two years of Singapore's fight against the Covid-19 pandemic. On The Straits Times Big Story, Harianto Diman speaks to Straits Times executive editor Sumiko Tan and health correspondent Timothy Goh who share what makes this book different from other Covid-19 accounts.See omnystudio.com/listener for privacy information.
1/20/2022 • 6 minutes, 41 seconds
Asian Insider: Inside Hong Kong, 20 Jan - Hong Kong closes schools due to Omicron
From schools to pet stores, covid-19 is impacting a variety of Hong Kong’s industries. To find the latest from the territory, Prime Time’s Rachel Kelly and Melissa Hyak speak to Claire Huang, Hong Kong Correspondent at The Straits Times who shares her insight.See omnystudio.com/listener for privacy information.
1/20/2022 • 12 minutes, 10 seconds
Digital gifting this Lunar New Year & safeguarding against phishing scams
On Tech Talk, Prime Time's Rachel Kelly spoke with Diane Chang, Executive Director, Consumer Banking Group at DBS Bank on digital gifting ahead of the Lunar New Year festive period and how banking consumers can safeguard themselves when it comes to online phishing scams. See omnystudio.com/listener for privacy information.
1/20/2022 • 8 minutes, 43 seconds
SPAC Special: Analysing upcoming SPACs set to list in Singapore
Vertex Technology Acquisition Corp, Novo Tellus Alpha Acquisition and Pegasus Asia are all slated to list on the Singapore Stock Exchange in the next few weeks, with VTAC set to trade tomorrow.
The upcoming SPAC listings mark a much-needed revival for the SGX, which has long struggled to compete with the U.S. and Hong Kong for heavyweight tech IPOs.
Prime Time's Rachel Kelly and Melissa Hyak spoke to Nirgunan Tiruchelvam, Tellimer's Head of Consumer Equity Research to take a closer look at the upcoming offerings.
See omnystudio.com/listener for privacy information.
1/19/2022 • 9 minutes, 58 seconds
Across the ASEAN: What are the challenges facing the palm oil sector in 2022?
At the start of 2022, there are continued questions about palm oil production due to persistent labour shortages. On Across the ASEAN, Finance Presenter JP Ong speaks to Dr Sathia Varqa, Founder at Palm Oil Analytics who shares his outlook for the year ahead.See omnystudio.com/listener for privacy information.
1/19/2022 • 12 minutes, 30 seconds
Eco Money: Breaking barriers slowing impactful climate actions by Asian financial institutions
On Eco Money, Prime Time's Rachel Kelly spoke to Michelle Loi, Vice President, Sustainable Finance, WWF Singapore on how to break down barriers that are slowing the implementation of impactful climate actions by Asian Financial Institution.They also discuss overcoming internal and external challenges, such as mindset, organizational structure and those in the operating environment, standing in the way of progress.See omnystudio.com/listener for privacy information.
1/19/2022 • 9 minutes, 36 seconds
ST: The Big Story, 19 Jan - COE prices close higher at end of Jan 19 bidding exercise
In The Straits Times’ The Big Story, video editor Olivia Quay spoke to senior transport correspondent Christopher Tan about the latest bidding exercise which saw COE prices ending higher across all categories.See omnystudio.com/listener for privacy information.
1/19/2022 • 4 minutes, 35 seconds
Sustainable Singapore: Capturing planet earth from the perspective of plants
A new documentary series headed by - arguably one of the most famous environmentalists - 95-year-old Sir David Attenborough called ‘The Green Planet’, aims to showcase earth from the perspective of plants by using pioneering new technology and the very latest science. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Mike Gunton, Executive Producer, The Green Planet, BBC to share more about how they managed to achieve this.See omnystudio.com/listener for privacy information.
1/19/2022 • 9 minutes, 14 seconds
Lookback on US President Joe Biden’s first year in office
It’s a year since President Biden stepped into The White House. But, with major setbacks on his vaccine mandates and voting reform efforts, is time running out for him to impress voters ahead of November’s midterm elections? Prime Time’s Rachel Kelly and Melissa Hyak speak to Curtis Chin, Senior Fellow, Milken Institute who shares his analysis.See omnystudio.com/listener for privacy information.
1/18/2022 • 11 minutes, 45 seconds
SPAC Special: What investors need to know about upcoming Singapore SPAC listings
Two Singapore special-purpose acquisition companies have opened their books for initial public offerings and are set to list here later this month.
IPOs by Vertex Technology Acquisition Corp and Pegasus Asia mark the first SPAC listings in Asia since the frenzy for such blank-check firms began in the US in 2020.
Benjamin Goh, Head of Research and Investor Education, SIAS tells Prime Times' Rachel Kelly what investors need to consider diving into the world of SPACs.
They also discuss how to evaluate if this is a good investment for investors. See omnystudio.com/listener for privacy information.
1/18/2022 • 11 minutes, 42 seconds
What will a tighter policy path for The Fed will mean for markets?
The recent Hawkish tone from The US Federal Reserve with the prospect of multiple rate hikes is jolting markets. To give a European perspective on this, Prime Time's Finance Presenter, JP Ong speaks to Peter Lundgreen, Founding CEO, Lundgreen's Capital who shares what these policy paths might mean for markets in 2022.See omnystudio.com/listener for privacy information.
1/18/2022 • 11 minutes, 54 seconds
ST: The Big Story, 18 Jan - Legal recourse for OCBC customers to completely recover their lost funds
The Monetary Authority of Singapore said OCBC Bank will be conducting a thorough probe to identify the deficiencies in its processes and implement the necessary measures to address them in the wake of a spate of SMS phishing scams.
This comes after nearly 470 customers lost at least $8.5 million to fraudulent fund transfers in December 2021.
In The Straits Times' The Big Story, technology, media and telecoms lawyer Bryan Tan tells video editor Olivia Quay whether it is possible for the affected customers to get their money back. Mr Tan is also the cyber response lead for law firm Pinsent Masons Singapore.See omnystudio.com/listener for privacy information.
1/18/2022 • 5 minutes, 39 seconds
Metaverse property trends to look out for in 2022
In November 2021, Tokens.com a publicly traded company that invests in revenue-generating crypto assets linked to Decentralized Finance , Non-Fungible Tokens and metaverse real estate announced made the largest recorded land acquisition in Decentraland.
Andrew Kiguel, CEO, Tokens.com shares with Prime Time's Rachel Kelly the key property trends he's watching out for when it comes to metaverse property in 2022. See omnystudio.com/listener for privacy information.
Data out from China showed that the economy grew 4% in Q4 of 2021 from a year ago - higher than the 3.3% expected, but still slower than the previous three months. In response to this slowdown China’s central bank cut two policy interest rates for the first time since April 2020. Tommy Wu, Lead Economist at Oxford Economics shares his analysis, and outlook expectations for China in 2022. See omnystudio.com/listener for privacy information.
1/17/2022 • 9 minutes, 31 seconds
Biden's first year as US president & France gears up for a presidential election this year
This week marks the one year anniversary since US President Joe Biden took office, there’s an interesting court case in Germany, and France is gearing up for a Presidential election later this year.
In The Spotlight, Prime Time's Rachel Kelly and Melissa Hyak get the details on this and more of the headlines to watch in the week ahead from Robert Hugh-Jones, Editor, BBC.See omnystudio.com/listener for privacy information.
1/17/2022 • 11 minutes, 50 seconds
ST: The Big Story, 17 Jan - Experts say life in Singapore will never go back to the way it was before Covid-19
An online survey of 1,000 people commissioned by The Straits Times and conducted by market research firm Milieu Insight found that 28% of respondents are of the view that life will never return to exactly the way it was before the pandemic.In The Straits Times’ The Big Story, Video editor Olivia Quay and Assistant Professor Hannah Clapham from the National University of Singapore Saw Swee Hock School of Public Health weigh in on the survey findings.See omnystudio.com/listener for privacy information.
1/17/2022 • 6 minutes, 37 seconds
Singapore universities may add places if Covid-19 disruptions bite
Singapore universities may add places for students whose plans to study overseas are hit by the Covid-19 pandemic, if disruptions continue.
Meanwhile, tuition fees for Singaporean polytechnic and ITE Nitec students will increase slightly for the 2022 incoming batch.
Prime Time's Rachel Kelly and Melissa Hyak spoke to Zakir Hussain, Singapore Editor, The Straits Times to find out more about about the changes happening to the education space here.
On the Covid-19 front, they also discuss why Singaporeans polled in a survey expect current pandemic curbs to last till the end of year. See omnystudio.com/listener for privacy information.
1/17/2022 • 6 minutes, 47 seconds
SPAC Special: The journey to listing a SPAC in Singapore
Pegasus was the second Special Purpose Acquisition Companies (SPAC) to register its prospectus with the Monetary Authority of Singapore. Units are expected to commence trading on the 21 January 2022.
To find out more about the journey to list and the upcoming SPAC listing, Prime Time's Rachel Kelly spoke with Mr Neil Parekh, CEO, Pegasus AsiaSee omnystudio.com/listener for privacy information.
1/17/2022 • 15 minutes, 20 seconds
Forex Fridays: Does the Fed Change The Game for 2022?
The Fed's hawkish path for the year may shake things up for the US Dollar and the broader FX complex. Or will it? JP Ong spoke to TD Securities' Chief Emerging Asia and Europe Strategist on Forex Fridays about what this does to the broader Forex space, who might have to follow suit, and the SGD's path forward.See omnystudio.com/listener for privacy information.
1/14/2022 • 10 minutes, 35 seconds
Is The Worst for Chinese Markets Over?
JP Ong spoke to SIlverbear Capital's founder Peter Chun about whether the worst is over for stocks in China and Hong Kong amidst worries about a slowdown, COVID-19 and if Cathay Pacific will weather the current storm.See omnystudio.com/listener for privacy information.
1/14/2022 • 12 minutes, 16 seconds
ST's The Big Story, 14 Jan: Bentley driver case highlights perennial issue of school traffic congestion in S'pore
Congestion at schools whenever parents drop off or pick their children up is a perennial issue.
In his commentary, The Straits Times’ senior transport correspondent Christopher Tan called for parents to stop chauffeuring their kids to school and to encourage their school-going children to take public transport.
Christopher tells The Big Story's multimedia journalist Hairianto Dirman about what parents should keep in mind when ferrying their children to and from school, so as to make the whole process smoother and more pleasant.See omnystudio.com/listener for privacy information.
1/14/2022 • 7 minutes, 16 seconds
Equipping workers in Singapore with relevant skills for the green economy
Minister for Trade and Industry Gan Kim Yong said Singapore aims to equip its workers with relevant skills so they can benefit from the green economy, as the nation works towards pursuing its sustainability goals.
For instance, a traditional car mechanic will need to learn how to repair an electric vehicle, while an investment manager will need to learn about sustainability standards and green financing.
How else can businesses and workers here grasp the opportunities in the green economy?
On SGExtra, Prime Time's Rachel Kelly and Melissa Hyak find out from Cheryl Tan, Journalist at The Straits Times.See omnystudio.com/listener for privacy information.
1/14/2022 • 7 minutes, 28 seconds
In The Spotlight: Will NFTs shake up the regional art market?
The art exhibition scene - like many other industries - has been put on pause over the past two years as a result of the pandemic.
But like others - it has had to find ways to adapt and move forward.
S.E.A. Focus is a showcase of contemporary art from Southeast Asia.
Prime Time's Rachel Kelly went down to the exhibition to speak with Emi Eu, project director of S.E.A. Focus and executive director of STPI to find out how this year’s event has adapted with the aid of virtual viewings and her thoughts on NFTs.See omnystudio.com/listener for privacy information.
1/13/2022 • 12 minutes, 45 seconds
Better days for greater China Markets?
China markets faced a myriad of challenges in 2021, but there are some signs of hope coming back to stocks in the mainland and Hong Kong at the beginning of this year. Finance Presenter JP Ong asks Peter Chun, Founder, Silverbear Capital if the worst is over for China markets?See omnystudio.com/listener for privacy information.
1/13/2022 • 11 minutes, 19 seconds
How should employers tackle 'The Great Resignation'
According to a survey by jobs portal Indeed, one out of four Singapore workers are planning to leave their current employer in the first half of 2022.So what solutions can businesses implement to slow this trend, and should this be seen as an opportunity for change?
Jolin Nguyen, Managing Director of AYP Group share more with Prime Time's Rachel Kelly and Melissa Hyak.See omnystudio.com/listener for privacy information.
1/13/2022 • 10 minutes, 44 seconds
Fintech trends to watch in 2022
Embedded finance, digital one stop solutions, Forex evolution, and Crypto currencies, Brian Fernandez, Managing Director, Biztech.Asia shares with Rachel Kelly and Melissa Hyak the key fintech trends to watch out for in 2022 and what they mean for consumers.
See omnystudio.com/listener for privacy information.
1/13/2022 • 10 minutes, 58 seconds
Eco Money: Amundi presents its new “ESG Plan 2025”
In Eco Money Rachel Kelly speaks to Sylvia Chen, Senior Sustainability Officer, Amundi to find out about a new environmental transition rating that assesses a companies' efforts in decarbonising their operations. See omnystudio.com/listener for privacy information.
1/12/2022 • 8 minutes, 43 seconds
Across the Asean: How global factors may impact regional markets in 2022
In Across the Asean, Prime Time’s Finance Presenter JP Ong speaks with Todd Jablonski, Chief Investment Officer of Global Asset Allocation at Principal Global Investors on how global factors such as Covid-19 and the hawkish US Fed minutes, may impact regional markets.See omnystudio.com/listener for privacy information.
1/12/2022 • 13 minutes, 25 seconds
Sustainable Singapore: How Singapore Crawfish aims to enhance world food security
After an unexpected discovery, Desmond Chow, Founder and CEO of Singapore Crawfish found that one of the most profitable livestock to rear and sell was the small and unassuming crawfish. On Sustainable Singapore, Rhianne Lovell-Boland went farm in Lim Chu Kang to find out more about their technology which enables crawfish with a reduction of up to 90% on manpower cost and 80% on energy usage.See omnystudio.com/listener for privacy information.
1/12/2022 • 11 minutes, 55 seconds
Of Fed Hawks, Chinese Slowdowns and GST Hikes in Singapore
Heng Koon How, Chief Markets Strategist for UOB, spoke to JP Ong on Prime Time about what he's bracing for in markets this year, touching on multiple rate hikes from the Federal Reserve, China's economic slowdown, and the prospects of a possible GST increase in Singapore, and if the economy has the cushion to absorb this.See omnystudio.com/listener for privacy information.
1/11/2022 • 10 minutes, 34 seconds
How Brexit and Omicron are impacting the UK economy
UK Retail sales inched up year on year in December but saw its services sector suffer a 10-month low due to the Omicron variant. Prime Time’s Rachel Kelly and Shehzad Haque speak to Pan Jingyi, Economics Associate Director, IHS Markit who shares what this means for the UK economy.See omnystudio.com/listener for privacy information.
1/11/2022 • 10 minutes, 11 seconds
ST: The Big Story (11 Jan) What does the omicron wave mean for Singapore?
In The Straits Times' The Big Story, multimedia correspondent Harianto Diman speaks to Associate Professor Alex Cook, vice-dean of research at the Saw Swee Hock School of Public Health at NUS, who weighs in on the Omicron situation in Singapore.See omnystudio.com/listener for privacy information.
1/11/2022 • 7 minutes, 6 seconds
Why more people couldn't repay their CPF after selling off property in 2020
Data published by the CPF Board showed that more people who used their CPF monies to pay their housing loans were unable to fully refund the amount after selling their properties in 2020, compared with the previous 2 years.
However, the CPF Board told The Straits Times that not a single person who was unable to do a full refund was required to top up their CPF in cash that year.
In Powering Your Property, Prime Time's Rachel Kelly and Shehzad Haque spoke to Nicholas Mak, Head of Research and Consultancy, ERA Real Estate to find out why this is happening and how you can protect yourself from this growing trend when it comes to financing options.See omnystudio.com/listener for privacy information.
1/11/2022 • 11 minutes, 1 second
What recent mergers in the REIT space mean for investors
With the Reit merger trend not cooling in the local market anytime soon, Prime Time’s Finance Presenter JP Ong speaks to Vijay Natarajan, Analyst, RHB Group who shares his analysis on the proposed ESR-Reit and ALog Trust, and Mapletree mergers. See omnystudio.com/listener for privacy information.
1/10/2022 • 11 minutes, 1 second
No plans for vaccination-differentiated measures for kids aged 12 and below
Singapore’s public health strategy against the Omicron variant and the roll-out of Covid-19 vaccinations for children are among the key issues discussed in Parliament today - the first sitting of the year.
To find out more, Prime Time's Rachel Kelly and Shehzad Haque spoke to Zakir Hussain, Singapore Editor, The Straits Times.See omnystudio.com/listener for privacy information.
1/10/2022 • 6 minutes, 59 seconds
SPAC race heats up in Asia with the first Singapore listings due
Blank-check companies are set to make a debut in Singapore this month as the financial hub, which has struggled to attract new stock listings, gears up for competition from Hong Kong.
Vertex Technology Acquisition Corporation Ltd is seeking at least S$170 million, while Tikehau Capital SCA-backed Pegasus Asia could raise at least S$150 million.
In The Spotlight, Prime Time's Rachel Kelly and Shehzad Haque spoke to Ishika Mookerjee, Journalist, Bloomberg for an update on Singapore SPACS.
See omnystudio.com/listener for privacy information.
1/10/2022 • 7 minutes, 44 seconds
ST: The Big Story, 10 Jan - Legal issues surrounding platforms like OnlyFans
In The Straits Times' The Big Story, multimedia journalist Hairianto Dirman spoke to Tania Chin, a partner in the criminal litigation team at law firm Withers KhattarWong about the legal issues surrounding uploading or distributing obscene material on platforms like OnlyFans.
The spotlight was turned on the online site here when Singaporean, Titus Low, was accused on Dec 30 of uploading obscene material to his OnlyFans account between April and October 2021.See omnystudio.com/listener for privacy information.
1/10/2022 • 3 minutes, 19 seconds
Forex Fridays: The Hawkish Fed and Forex Markets
Days after the minutes of the Federal Reserve's last meeting confirmed the sharp, hawkish turn of Jerome Powell & friends, we ask how this might impact the broader forex markets. JP Ong spoke to Henry Quek, APAC Head of Sales, Trading and Research from State Street, on Forex Fridays about why the dollar may even soften despite these recent events.See omnystudio.com/listener for privacy information.
1/9/2022 • 14 minutes, 7 seconds
Timothy Go's experience travelling during the Covid-19 pandemic
He’s been missing in action for 2 months, and that's because Prime Time’s Timothy Go has been venturing across the globe.
He joins host Rachel Kelly and finance presenter JP Ong virtually on the show to share his experience travelling during the Covid-19 pandemic.
He’ll also discuss the different approaches to handling the pandemic he has observed from the countries he’s visited.See omnystudio.com/listener for privacy information.
1/7/2022 • 14 minutes, 53 seconds
ST: The Big Story, 7 Jan - Australia says tennis player Novak Djokovic not held 'captive'
Australia's home affairs minister says Novak Djokovic is not being held captive in Australia and is free to leave the country at any time.
This comes as the tennis star remains in a Melbourne hotel used to detain refugees and asylum seekers. He is expected to be there until at least next Monday when his case is scheduled to be heard in court.
In The Straits Times' The Big Story, Assitant video editor Olivia Quay and Assistant sports editor Rohit Brijnath discuss how this ongoing saga will affect Djokovic physically and psychologically ahead of the Australian Open - if he is allowed to compete, that is.See omnystudio.com/listener for privacy information.
1/7/2022 • 5 minutes, 30 seconds
ST: The Big Story, 7 Jan - Pre-schoolers to be taught body safety skills
The Ministry of Social and Family Development said pre-school teachers will be encouraged to teach their pupils - aged four to six - behaviours that promote self and group safety.
This will be done through videos, songs and age-appropriate discussions.
In The Straits Times' The Big Story, Minister of State for Social and Family Development and Education Sun Xueling observed a body safety lesson today, and she tells Assistant video editor, Olivia Quay how it was for the children.See omnystudio.com/listener for privacy information.
1/7/2022 • 2 minutes, 36 seconds
ST: The Big Story, 7 Jan - Demand for answers in the aftermath of Malaysia's deadly floods.
In The Straits Times' The Big Story, Assitant video editor Olivia Quay spoke to Malaysia correspondent Ram Anand to find out why there is demand for answers in the aftermath of the country's deadly floods.
This comes ahead of a special session to be held by Malaysia's Parliament on January 20 to discuss the situation. Prime Minister Ismail Sabri Yaakob has said that the agenda for the session will include recovery plans as well as disaster management.See omnystudio.com/listener for privacy information.
1/7/2022 • 4 minutes, 37 seconds
NTUC Income co-op to convert to a company amid stiffer competition
Singapore's second-largest health insurer NTUC Income plans to convert its legal structure from a co-operative to a company. Prime Time's Rachel Kelly speaks to Prisca Ang, Journalist, The Straits Times who is tracking the story, to find out what this means for policyholders and investors.See omnystudio.com/listener for privacy information.
1/7/2022 • 7 minutes, 39 seconds
Asian Insider: Inside HK - Hong Kong faces fifth Covid-19 wave
As Hong Kong faces a fifth wave of Covid-19, officials have implemented new restrictions, and as a consequence more of the city's population is getting vaccinated. Prime Time’s Rachel Kelly and Shehzad Haque speak to Claire Huang, Hong Kong Correspondent for The Straits Times for the details. See omnystudio.com/listener for privacy information.
1/6/2022 • 9 minutes, 27 seconds
The Fed Minutes Rock Markets on Thursday
The minutes of the Federal Reserve's last policy decision revealed that officials aren't just gearing up for sooner than expected rate hikes, but are also preparing to reduce their massive balance sheet. Kelvin Tay, UBS' Regional Chief Investment Officer, spoke to JP Ong about how this is shaping UBS' outlook for markets, and how investors might position themselves amidst the diverging directions of the world's major central banks.See omnystudio.com/listener for privacy information.
1/6/2022 • 12 minutes, 19 seconds
ST: The Big Story (6 Jan) - How will S'pore's Covid-19 curbs over Chinese New Year affect business at Chinese restaurants?
With Singapore's Covid-19 rules set to remain in place through the Chinese New Year period, how will Chinese restaurant businesses be affected? Mr Andrew Tjioe, president and chief executive of TungLok Group, shares his views with The Big Story’s Olivia Quay.See omnystudio.com/listener for privacy information.
1/6/2022 • 2 minutes, 25 seconds
From the latest gaming chairs to desktops - Highlights from CES2022
From the latest gaming chairs to desktops - Soon Kai Hong from Tech 360.tv shares all the latest concepts announced at CES such as the LG Curved OLED Chair Concept, Alienware Concept Nyx, and Razer's Project Sophia.See omnystudio.com/listener for privacy information.
1/6/2022 • 7 minutes, 28 seconds
ST: The Big Story (05 Jan) - How can seniors get fit in the new year?
New year means new years resolutions. On The Straits Times' Big Story, Assistant Editor, Olivia Quay speaks to Ms Nicole Lu, a senior physiotherapist at aged care provider Allium Healthcare who shares exercise tips for seniors looking to improve their strength and flexibility.See omnystudio.com/listener for privacy information.
1/5/2022 • 3 minutes, 57 seconds
Across the Asean: JP Morgan on regional market expectations in 2022
On Across the Asean, Finance Presenter JP Ong speaks to Rajiv Batra, Chief Southeast Asia strategist at JP Morgan who shares more on how markets and economies in the region are set to perform this year. See omnystudio.com/listener for privacy information.
1/5/2022 • 10 minutes, 23 seconds
Eco Money: Biodiversity and the Future of Food and the ‘Amazon effect’
What does the ‘Amazon effect’ mean for investors when it comes to supply chains and sustainability? And where should investors look to when it comes to guidance on ratings and regulation for ESG related funds? On Eco Money, Prime Time's Rachel Kelly and Shehzad Haque speak to Miranda Carr, Head of Thematic ESG Research, APAC, MSCI to find out. See omnystudio.com/listener for privacy information.
1/5/2022 • 10 minutes, 3 seconds
Sustainable Singapore: How the entertainment sector is going green
When you think of the entertainment industry, you don’t necessarily think of sustainability, but local group Timbre has put it at the forefront of its new operation at Timbre+ Eastside, which is Singapore’s first sustainable food park. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Danny Loong, CEO of Timbre Group who shares more about how they're putting green initiatives at the heart of their business.See omnystudio.com/listener for privacy information.
1/5/2022 • 11 minutes, 40 seconds
The Big Story (4th Jan): How long might a Omicron wave last in Singapore?
Professor Dale Fisher, Senior Consultant, Division of Infectious Disease, National University Hospital, discusses with Straits Times Assistant Video Editor, Olivia Quay about how long an Omicron wave might last in Singapore. See omnystudio.com/listener for privacy information.
1/4/2022 • 4 minutes, 43 seconds
In The Spotlight: Singapore's growth outlook for 2022
Singapore’s economy beat expectations to grow 7.2% in 2021 -
The question is though - is this sustainable?
Fitch Solutions has maintained its 2022 real GDP forecast at 3.6%, reflecting the view for the economy to remain resilient amid the onset of the Omicron variant. Rachel Kelly and Shehzad Haque speak to Darren Tay, Senior Country Risk Analyst, Fitch Solutions to find out more. See omnystudio.com/listener for privacy information.
1/4/2022 • 8 minutes, 37 seconds
What To Expect for Oil Markets Ahead of OPEC+'s First Meeting of 2022
OPEC+ is set to hold their first ministerial meeting on Tuesday, with many expecting the group's members to stick to plans of raising output by 400,000 barrels per day. JP Ong spoke to Dave Ernsberger, S&P Global Platts' Global Head of Pricing and Market Insight, ahead of OPEC+'s meeting about his outlook for the global oil markets. See omnystudio.com/listener for privacy information.
1/4/2022 • 12 minutes, 4 seconds
Singapore's property market outlook 2022
Singapore's private residential and public housing markets have had a remarkable year of recovery, with prices growing to an all-time high and achieving record-high sales volumes in the first 11 months of the year.
According to URA, prices of private residential homes rose 5.2 per cent in the first three quarters of 2021, while resale prices of HDB flats rose by 8.9 per cent in the same period.
On Powering Your Property, Prime Time's Rachel Kelly and Shehzad Haque speak to Wong Siew Ying, Head of Research and Content at Propnex Realty to find out more about their outlook for 2022.See omnystudio.com/listener for privacy information.
1/4/2022 • 12 minutes, 32 seconds
The Big Story (3 January): 21 photos to reflect 2021
Rohit Brijnath, Straits Times Associate Sports Editor, and, Neo Xiaobin Senior Executive photojournalist with The Straits Times, discuss their favourite photos of 2021 and the process of choosing 21 photos to reflect the year. See omnystudio.com/listener for privacy information.
1/3/2022 • 5 minutes, 17 seconds
Health Minister Ong Ye Kung: Omicron wave is imminent
Omicron cases have started to creep up, making up around 17% of local cases currently.
That’s according to a Facebook post by Health Minister Ong Ye Kung.
Providing an update on the pandemic, Minister added that this means an Omicron wave is imminent, and we need to be prepared for it. Karamjit Kaur, Editor at The Straits Times has the details. See omnystudio.com/listener for privacy information.
1/3/2022 • 8 minutes, 40 seconds
Global Omicron update from the BBC
Rachel Kelly and Shehzad Haque speak with Rich Preston, Senior World News Reporter / Presenter, BBC NEWS on the current Covid-19 situation in Thailand, and they discuss global infection rates of the variant vs hospitalisations and fatalities. Rich also shares on the headlines he is watching in the week ahead, including the anniversary of the attack on the US CapitolSee omnystudio.com/listener for privacy information.
1/3/2022 • 10 minutes, 30 seconds
Singapore economy beats expectations to grow 7.2% in 2021
Singapore’s economy grew 7.2 per cent last year, the most since 2010 and higher than earlier estimates. Finance Presenter, JP Ong, digests the details with Selena Ling, Head of Treasury Research & Strategy at OCBC Bank.See omnystudio.com/listener for privacy information.
1/3/2022 • 10 minutes, 45 seconds
Manpower and costs key concerns for SMEs in 2022
Rachel Kelly and Shehzad Haque speak to Ang Yuit, Vice President, Association of Small and Medium Enterprises about challenges and opportunities for SMEs in the year ahead as well as ASMEs wish list for Budget 2022. See omnystudio.com/listener for privacy information.
12/31/2021 • 8 minutes, 26 seconds
Ernst & Young Solutions: Business wish list for Budget 2022
Budget 2022 is set to take place on 18th February 2022. Rachel Kelly and Shehzad Haque speak to CHAI Wai Fook, Partner, Tax Services, Ernst & Young Solutions LLP to find out what we might expect from the announcement.See omnystudio.com/listener for privacy information.
12/30/2021 • 10 minutes, 22 seconds
Previewing Singapore's Advanced 4Q GDP Figures
2022 will be off to a swift start, with Singapore's Advanced 4Q GDP figures set to be released on January 3. Jeff Ng, Senior Currency Analyst at MUFG, joined us on Prime Time to talk about what he's watching out for with the figures, and his thoughts on rising inflation and the highly anticipated budget in February. See omnystudio.com/listener for privacy information.
12/30/2021 • 11 minutes, 24 seconds
The Big Story: Results of The Straits Times first NFT auction
Coming up in The Big Story, Straits Times Multimedia Correspondent, Harianto Diman speaks to Opinion Editor, Grace Ho, on the recent results of the launch of the Straits Times first Non Fungible Tokens. See omnystudio.com/listener for privacy information.
12/30/2021 • 3 minutes, 30 seconds
Across the ASEAN: Outlook for regional markets
The year ahead sees questions raised by the new Omicron variant- - could we be in for more uncertainty and potential volatility for a region that’s desperate to normalise and reopen? Coming up in the best of Prime Time, Finance Presenter JP Ong speaks to James Cheo CIO Southeast Asia at HSBC Global Private Banking and Wealth to find out.
See omnystudio.com/listener for privacy information.
12/30/2021 • 9 minutes, 34 seconds
Eco Money: Over 70% of certified buildings set to get downgraded
The BCA tightened the energy-efficiency requirements for its Green Mark certification scheme in November.
Following this revision, Colliers says almost 73% of the currently certified office buildings in Singapore could, literally, be off the mark.
In Eco Money - Rachel Kelly finds out what this means for ratings and property investors from David Berger, Sustainability Manager, Real Estate Management Services, Colliers International.See omnystudio.com/listener for privacy information.
12/29/2021 • 11 minutes, 53 seconds
Sustainable Singapore: The real cost of fashion and how innovation is changing the industry
According to the World Bank, the fashion industry is responsible for 10% of annual global carbon emissions. Here in Singapore, the Textile and Fashion Federation's Bridge Fashion Incubator promotes environmentally-friendly business practices through tech innovation. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Benoit Valin, Senior Programme Director of The Bridge Fashion Incubator who shares more on how it enables fashion startups to go green. See omnystudio.com/listener for privacy information.
12/29/2021 • 11 minutes, 48 seconds
How to negotiate a better salary in 2022
Looking into 2022 - industry experts are forecasting a positive outlook for the market - with manpower demand across growth sectors.
So what does this mean for job seekers, those looking for a change, or perhaps those looking to negotiate a better deal for themselves?
Rachel Kelly and Shehzad Haque speak to Adrian Choo, Founder and CEO of Career Agility International to find out. See omnystudio.com/listener for privacy information.
12/28/2021 • 11 minutes, 25 seconds
Powering Your Property: What to expect from the real estate market in 2022
According to our Knight Frank's Christine Li, the world and the Asia-Pacific region are now better equipped to cope with new variants, as vaccinations and oral medication for COVID-19 continue to gather pace.
Although we are witnessing some knee-jerk reactions, over the next 12 months, we still expect most governments to move beyond lockdowns and transition to an endemic stage.
So, what does that mean for the real estate market in the year ahead?
On Powering Your Property, Prime Time's Rachel Kelly spoke to Christine Li, Head of Research, Asia-Pacific, Knight Frank for her outlook for 2022. See omnystudio.com/listener for privacy information.
12/28/2021 • 13 minutes, 9 seconds
Market View: Sectors to watch in 2022
Coming up in the best of Prime Time, Finance Presenter, JP Ong, speaks to David Chow, Director, Azure Capital to review 2021 market highlights, from oil prices to SPACs, and which sectors he is watching out for in 2022. See omnystudio.com/listener for privacy information.
12/28/2021 • 9 minutes, 43 seconds
SGExtra: Should Singapore expect a new wave of Omicron cases?
On SGExtra, Prime Time's Rachel Kelly spoke to Karamjit Kaur, Editor at The Straits Times about the latest Covid-19 situation in Singapore.
Finance Minister Lawrence Wong said on Monday that Singapore must expect a new wave of Covid-19 cases in the coming days and weeks.
This comes as the Ministry of Health said on Sunday that 546 confirmed Omicron cases have been detected as of Saturday. See omnystudio.com/listener for privacy information.
12/27/2021 • 8 minutes, 56 seconds
Asian Insider Inside HK: Hong Kong polls hit 30% turnout
Hong Kong’s pro-establishment camp swept all but one seat in the first Legislative Council election after Beijing’s “patriots-only” overhaul of the political system amid a record low turnout of 30.2%.
Claire Huang, Hong Kong Correspondent, The Straits Times shares the details.See omnystudio.com/listener for privacy information.
12/27/2021 • 10 minutes, 32 seconds
Of COVID Variants and Inflationary Pressures
While the Omicron variant of COVID-19 raises more questions about the global reopening, Singapore saw November inflation hit 3.8%, its highest jump in over 8 years. Song Seng Wun, Economist at CIMB Private Banking, joined us on Prime Time to review these pressures ahead of the Christmas weekend.See omnystudio.com/listener for privacy information.
12/26/2021 • 11 minutes, 57 seconds
The Straits Times' launches its first NFTs for auction
For the first time in its history, The Straits Times is auctioning a column, and three of its Opinion section art illustrations, as non-fungible tokens.
The online auction will run on the digital platform Blockchain For Good until the 28th December.
But why are they doing this? What was the process of setting it up like? And where are the proceeds going?
Rachel Kelly speaks to Grace Ho, Correspondent, The Straits Times to find out.See omnystudio.com/listener for privacy information.
12/23/2021 • 9 minutes, 26 seconds
Across the ASEAN: Outlook for Philippine stocks - and the impact of the recent typhoon on economic recovery.
In Across the Asean, Finance Presenter, JP Ong, speaks to Rob Ramos, Head of Trusts & Investments at RCBC on his outlook for Philippine stocks - and the impact of the recent typhoon on economic recovery. See omnystudio.com/listener for privacy information.
12/22/2021 • 9 minutes, 40 seconds
The Big Story: S'pore suspends ticket sales for VTL flights and buses for inbound travel
Airlines will no longer be allowed to sell new vaccinated travel lane flight tickets for travel into Singapore from today until January 20th. This as the country tightens its borders amid a rising number of imported Covid-19 cases. In The Big Story, Straits Times Journalist, Toh Ting Wei has the details. See omnystudio.com/listener for privacy information.
12/22/2021 • 5 minutes, 5 seconds
Eco Money: ESG trends to watch in 2022
Data and disclosure - Investors and regulators have called for a higher degree of standardisation and harmonisation of both when it comes to ESG investing. That’s because transparency is key when it comes to tackling issues such as greenwashing. In Eco Money Rachel Kelly speaks to Nneka Chike-Obi Director of ESG Research at Fitch to find out how this will impact key ESG trends in the year ahead. See omnystudio.com/listener for privacy information.
12/22/2021 • 10 minutes, 3 seconds
Sustainable Singapore: BHG to eliminate single-use plastic from 2022
Worldwide, a plastic bag is used, on average, for 12 minutes before being discarded - which is massively damaging the environment. From 1st January, BHG Singapore will cease the use and sale of single-use plastic bags as part of its ongoing bid towards a more sustainable experience at the department store. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Zander Lee, Marketing Executive, BHG Singapore who shares more on the impact this will have.See omnystudio.com/listener for privacy information.
12/22/2021 • 7 minutes, 44 seconds
The Big Story: What you need to know about the vaccine rollout for children
From next Monday (27th December) the Covid-19 vaccination for children aged five to 11 will begin. In The Big Story, Amelia Teng, Education Correspondent, at The Straits Times shares what you need to know about the vaccination exercise for more than 300,000 children.See omnystudio.com/listener for privacy information.
12/21/2021 • 8 minutes, 36 seconds
How and why you should improve employee mental health support
Did you know that 47% of employers in Singapore provide mental health benefits? That’s according to recent findings by Cigna, Mercer and WorkWell.
Prime Time host, Rachel Kelly speaks to Neil Narale, Mercer Marsh Benefits Leader, Mercer, Singapore and Dr. Tony Leung, Head of Clinical,Cigna Hong Kong to find out what more employers can do to support their workforce.See omnystudio.com/listener for privacy information.
12/21/2021 • 10 minutes, 7 seconds
Lessons from 2021 And What To Look Out for in the Year Ahead
The year that was saw markets in Singapore hold on to encouraging gains, though it markets weren't short of challenges from new COVID variants, inflation, and meme stock volatility, to name a few. Nirgunan Tiruchelvam, Tellimer's Head of Consumer Equity Research, joined us on Prime Time to talk about his biggest takeaway from the markets and what he's hopeful for in the year ahead.See omnystudio.com/listener for privacy information.
12/21/2021 • 10 minutes, 55 seconds
Powering Your Property: Will Singapore’s residential property sector to see persistent price growth in 2022?
In Powering Your Property, Prime Time's Rachel Kelly spoke to Dr. Tan Tee Khoon, Country Manager, PropertyGuru Singapore shares about their property market outlook for 2022.
PropertyGuru has revealed in its annual Singapore Property Market Outlook 2022 report that the property sector has displayed incredible resilience in the face of the COVID-19 pandemic but may need to contend with developing macroeconomic and property supply trends in 2022.
See omnystudio.com/listener for privacy information.
12/21/2021 • 10 minutes, 38 seconds
The Big Story: Loh Kean Yew is 'just getting started’
Loh Kean Yew stunned the badminton world by becoming the first Singaporean to win the World Championships - and he is 'just getting started’. Straits Times Sports Correspondent, David Lee, spoke to Singapore’s recently crowned badminton star and shared highlights on The Straits Times, The Big Story. See omnystudio.com/listener for privacy information.
12/20/2021 • 7 minutes, 52 seconds
Global Covid-19 Omicron updates
Could the UK go into lockdown before Christmas? Coming up in the Best of Prime Time, Rachel Kelly and Shehzad Haque find out and get the latest global Covid-19 Omicron updates from Rich Preston, Senior Journalist at the BBC. See omnystudio.com/listener for privacy information.
12/20/2021 • 9 minutes, 31 seconds
Opportunities and Risks in 2022 According to Pictet Wealth Management Asia
Alexandre Tavazzi, Global Strategist and CIO of Pictet Wealth Management Asia, joined us on Prime Time to share Pictet's outlook for 2022. He shares how economies across Europe, the US, and Asia might fare in a year where monetary policy is expected to tighten, and Omicron uncertainties remain unanswered.See omnystudio.com/listener for privacy information.
12/20/2021 • 12 minutes, 32 seconds
Forex Fridays: Recapping The Busy Week for The World's Central Banks
A slew of central banks across the world made policy decisions in the week that was, perhaps none more important than the Federal Reserve, which foreshadowed as many as 3 rate hikes next year. JP Ong spoke to Mizuho's Head of Economics and Strategy, Vishnu Varathan, on Forex Fridays about the implications of the Fed's more hawkish stance for FX markets, and what he makes of the Turkish Lira after another tense decision from the Central Bank of Turkey.See omnystudio.com/listener for privacy information.
12/19/2021 • 11 minutes, 57 seconds
ST: The Big Story, 17 Dec
As the Omicron variant continues to spread, countries in the region are stepping up measures to manage the situation. In The Straits Times Big Story, Harianto Diman shares how the Omicron variant is keeping countries on edge.See omnystudio.com/listener for privacy information.
12/17/2021 • 7 minutes, 47 seconds
From Newspaper boy to Property titan - Ismail Gafoor shares what it takes to succeed
Ismail Gafoor is the founder and CEO of Propnex - one of Singapore's largest listed real estate agency with over 10,000 real estate salespersons - But did you know that many moons ago, Ismail started off from much humbler beginnings?
Ismail shares with Rachel Kelly challenges he has faced over the years, how he overcame them, and what he thinks are key personal attributes that can lead to success.See omnystudio.com/listener for privacy information.
12/17/2021 • 27 minutes, 1 second
How have home buyers and property agents reacted to new cooling measures?
Singapore has introduced a new round of property curbs for its private and public residential markets, a bid to cool a surge in home prices over the past year. Prime Time’s Rachel Kelly and Shehzad Haque speak to Michelle Ng, Journalist, The Straits Times who shares more on how home buyers and property agents reacted to the announcement.See omnystudio.com/listener for privacy information.
12/17/2021 • 7 minutes, 47 seconds
Recapping the Fed's Accelerated Tightening Phase
In its last policy decision for 2021, the Federal Reserve sped up the pace of its bond tapering, while also projecting up to 3 possible rate hikes next year. Frederic Neumann, co-head of Asian Economics at HSBC, joined us on Prime Time to discuss the Fed's decision and its implications for the region, along with what diverging paths between the Fed and China's PBOC might mean for policymakers, and why eating more chocolate may be a good thing.See omnystudio.com/listener for privacy information.
12/17/2021 • 10 minutes, 28 seconds
What impact has the Omicron variant had on year-end travel trends?
The number of passengers passing through Changi Airport crossed the 5 per cent mark of pre-pandemic levels for the first time since Covid-19 forced borders shut. But now with the Omicron spreading globally, what impact has this had on year end travel? Prime Time's Rachel Kelly and Shehzad Haque speak to Lavinia Rajaram, Asia Head of Communications, Expedia Group Brands who shares more on key travel trends. See omnystudio.com/listener for privacy information.
12/16/2021 • 7 minutes, 50 seconds
ST: The Big Story, 16 Dec
Spikes in private housing prices and Housing Board resale flat prices in Singapore have prompted the authorities to introduce a new round of cooling measures. On Straits Times Big Story, Hairianto Diman speaks to Dr Lee Nai Jia, deputy director from the Institute of Real Estate and Urban Studies at the National University of Singapore, who shares more on who stands to benefit and lose from S'pore's latest property cooling measures.See omnystudio.com/listener for privacy information.
12/16/2021 • 6 minutes, 13 seconds
South-East Asia set to be the fastest growing region globally in 2022
A recent report by The Institute of Chartered Accountants in England and Wales and Oxford Economics' Economics has revealed that South-East Asia will remain the fastest-growing region in the world, despite challenges from new Covid-19 variants. Prime Time's Rachel Kelly speaks to Sian Fenner, ICAEW Economic Advisor and Oxford Economics Lead Asia Economist who shares what's driving this.See omnystudio.com/listener for privacy information.
12/16/2021 • 6 minutes, 33 seconds
What do cooling measures mean for property owners and buyers?
In a surprise move, the authorities have introduced cooling measures in an effort to curb continued rising property prices. To find out more about the measures and what they mean for property owners and buyers, Prime Time's Rachel Kelly speaks to Nicholas Mak, Head of Research & Consultancy at ERA Real Estate. See omnystudio.com/listener for privacy information.
12/16/2021 • 10 minutes, 25 seconds
Across the ASEAN: How Frustrating Was It to be an Economist Covering ASEAN This Year?
It may be argued that the most frustrating job this year was to be an economist covering Southeast Asia, with high hopes of a recovery dashed by the COVID resurgence from Manila to Ho Chi Minh laying waste to economies and projections alike. Nomura's Senior Economist Euben Paracuelles joined us on Across the ASEAN to discuss how challenging the year was, and what their outlook is for the region in 2022 against the backdrop of tighter policy, Omicron concerns, and elections.See omnystudio.com/listener for privacy information.
12/15/2021 • 12 minutes, 59 seconds
ST: The Big Story, Dec 15
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Journalist Toh Ting Wei on how the bus operators plan to accommodate the expected increase in demand for the expanded VTL scheme between Singapore and Malaysia.See omnystudio.com/listener for privacy information.
12/15/2021 • 3 minutes, 11 seconds
Eco Money: How should investors assess social issues in 2022
When we think of ESG - often environmental considerations and sustainability are the first to come to mind.
Looking into 2022, Fitch anticipates that the range of social factors within ESG will expand beyond these topics and become more central to sustainability strategies for a wide range of bond issuers from corporates to sovereigns.
To find out more and what this means for investors Rachel Kelly speaks to Nneka Chike-Obi, Director of ESG Research at Fitch.See omnystudio.com/listener for privacy information.
12/15/2021 • 10 minutes, 51 seconds
Sustainable Singapore: East Coast Lagoon Food Village in trial to generate electricity from food waste
Food waste at East Coast Lagoon Food Village is being converted to biogas to generate electricity - a first for Singapore's hawker centres. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Associate Professor Tong Yen Wah from the NUS Department of Chemical and Biomolecular Engineering who shares more about how it works, and its environmental impact.See omnystudio.com/listener for privacy information.
12/15/2021 • 10 minutes, 33 seconds
Capital Market Transaction Trends in 2021
Duff & Phelps released the Transaction Trail Report, examining the increase in capital market transactions seen in 2021 across Singapore, Indonesia, and Malaysia. While fundraising for tech firms led the way yet again, the differences seen across these 3 countries were rather interesting. Srividya Gopal, Managing Director at Duff & Phelps, joined us on Prime Time to discuss the report's major findings.See omnystudio.com/listener for privacy information.
12/14/2021 • 12 minutes, 10 seconds
ST: The Big Story, Dec 14
In The Straits Times' The Big Story, multimedia journalist Hairianto Dirman spoke to Professor Teo Yik Ying, dean of the Saw Swee Hock School of Public Health at the National University of Singapore on the vaccination-differentiated measures that will be expanded from February next year. See omnystudio.com/listener for privacy information.
12/14/2021 • 7 minutes, 8 seconds
In The Spotlight: Omicron wave heads to the UK, raising Covid-19 alert level
In The Spotlight, Prime Time's Rachel Kelly spoke to Alexander Akerboom, Political Analyst, Global Risk Insights for the latest updates on the Omicron variant in the UK and Europe.
Epidemiologists say Omicron will become the dominant coronavirus variant in Denmark this week, driving a rise in cases to record levels and offering a warning to the rest of Europe about the more transmissible mutation.See omnystudio.com/listener for privacy information.
12/14/2021 • 10 minutes, 52 seconds
Powering Your Property: A record 29 million-dollar HDB flats sold in November
On Powering Your Property, Prime Time's Rachel Kelly spoke to Christine Sun, Senior Vice President of Research & Analytics, OrangeTee & Tie to find out why it has been a record-breaking year for the HDB resale market. They also discuss the property market's outlook for 2022.See omnystudio.com/listener for privacy information.
12/14/2021 • 10 minutes, 35 seconds
Taking Stock of Risks in China's Property and Tech Space
Over the last 2 weeks, we saw Chinese ride-hailing giant Didi Global delist from the New York Stock Exchange, and property developers Evergrande and Kaisa placed on a restricted default by Fitch. With more questions than answers regarding China's property and tech sectors brewing over the last few weeks, JP Ong of Prime Time caught up with Brock Silvers, Managing Director of Kaiyuan Capital, about the new risks that may emanate from these two spaces.See omnystudio.com/listener for privacy information.
12/14/2021 • 13 minutes, 25 seconds
What do supply chain woes mean for the festive season?
Australian beer may be running dry on tap - as supply chain issues continue to ripple across the globe - but how long are such challenges set to last? Prime Time’s Rachel Kelly speaks to Jeff Sutherland, Asia Energy Editor, Bloomberg and Ann Koh, Journalist, Bloomberg who share whether prices are set to stabilise and what this might mean for consumers and investors.See omnystudio.com/listener for privacy information.
12/13/2021 • 11 minutes, 17 seconds
ST: The Big Story, Dec 13
Two more special reports from the Committee of Privileges hearings into the complaint against former Workers' Party MP Raeesah Khan were released over the weekend. On The Straits Times Big Story, Multimedia correspondent Harianto Diman speaks to Senior political correspondent Tham Yuen-C who weighs in on the reports.See omnystudio.com/listener for privacy information.
12/13/2021 • 6 minutes, 35 seconds
Analysis on WP's Pritam Singh's testimony to parliamentary committee
Last week, Workers' Party chief and Leader of the Opposition Pritam Singh told the Committee of Privileges that he had not directed former MP Raeesah Khan to lie, but took no steps for nearly two months to get her to correct her false statement in Parliament. A timeline of key events was published by the Straits Times. Prime Time's Rachel Kelly and Shehzad Haque speak to Zakir Hussain, Singapore Editor at The Straits Times who shares more details. See omnystudio.com/listener for privacy information.
12/13/2021 • 5 minutes, 15 seconds
Forex Fridays: The Busy Week Ahead for Central Banks
A number of central banks are set to make policy decisions next week, with none perhaps bigger than the US Federal Reserve's last meeting of the year. Jeffrey Halley, OANDA's Senior Market Analyst, joined us on Forex Fridays to discuss the busy week that will also see decisions from the likes of the Bank of England, the Bank of Japan, and Turkey's Central Bank, among others.See omnystudio.com/listener for privacy information.
12/12/2021 • 12 minutes, 9 seconds
ST: The Big Story, Dec 10
Singapore's has reported it first local case of the Omicron Covid-19 variant. In The Straits Times’ The Big Story, assistant video editor Olivia Quay speaks to Dr Asok Kurup, an infectious disease physician at Mount Elizabeth Hospital, who shares more on the systems in place and says the public should not be unduly alarmed.See omnystudio.com/listener for privacy information.
12/10/2021 • 8 minutes, 26 seconds
What is legacy gifting and is it just for high networth individuals?
With the festive season just around the corner, Prime Time’s Rachel Kelly speaks to Christine Loo, Acting Head of High Net Worth & Affluent Segments, Prudential Singapore and Theresa Cheong, Head, Partnerships, Community Foundation of Singapore who share more about what legacy gifting is, and why clients should consider it. See omnystudio.com/listener for privacy information.
12/10/2021 • 7 minutes, 14 seconds
SkillsFuture report pinpoints skills Singaporeans urgently need in the next 3 years
SkillsFuture Singapore recently released the inaugural Skills Demand For The Future Economy Report. Prime Time’s Rachel Kelly and Shehzad Haque speak to Ng Wei Kai, Journalist, The Straits Times who identifies some of the top skill sets in key sectors that will be most needed in the next one to three years. See omnystudio.com/listener for privacy information.
12/10/2021 • 12 minutes, 12 seconds
Changes in Investor Sentiment Over the Last Two Weeks
Markets saw stark losses turn into a hopeful gains over the last 2 weeks on concerns about the new COVID-19 Omicron strain, along with other issues like diverging monetary policy stances and Chinese regulatory issues. We asked Olivier d'Assier, Qontigo's Head of Applied Research for APAC, what the firm's ROOF model is telling them about the changes in investor sentiment, and how it may shape the end of the year for markets.See omnystudio.com/listener for privacy information.
12/10/2021 • 10 minutes, 7 seconds
In The Spotlight: Are Singapore businesses in better shape to bounce back?
After a turbulent two years of absorbing blows from the Covid-19 pandemic, Singapore businesses are in better shape to bounce back. But, overall, firms expect to take another one to two years to fully recover from the impact of the pandemic.
These were among the findings from the Singapore Business Federation's latest annual National Business Survey.
Prime Time's Rachel Kelly speaks to Lam Yi Young, CEO, Singapore Business Federation to find out more.
See omnystudio.com/listener for privacy information.
12/9/2021 • 7 minutes, 36 seconds
ST: The Big Story, Dec 9
In The Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to Anbarasi Boopal, co-chief executive of Animal Concerns Research and Education Society about the situations in which otters may attack humans, as well as general wildlife etiquette.See omnystudio.com/listener for privacy information.
12/9/2021 • 3 minutes, 58 seconds
Asian Insider: Inside HK (9 Dec)
With just 10 days to go until the legislative council election, Hong Kong leader Carrie Lam has urged voters to cast their ballot. But, with only candidates who are deemed to be patriots allowed to run for election, Prime Time’s Rachel Kelly asks Claire Huang, Hong Kong Correspondent, Straits Times what this might mean for voter turnout.
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12/9/2021 • 10 minutes, 20 seconds
Across the ASEAN: The Year Ahead for Malaysian Markets
Malaysian stocks have had a torrid year, with the FBMKLCI falling more than 8% since the start of the year, along with resurgent COVID-19 infections, difficult lockdowns, and companies facing allegations of labour abuse all hitting sentiment hard. Is the year ahead going to be kinder to Malaysian markets? Alexander Chia, Head of Regional Equity Research at RHB, joined us on Across the ASEAN to discuss what 2022 may have in store.See omnystudio.com/listener for privacy information.
12/8/2021 • 11 minutes, 38 seconds
Eco Money: The Business of Sustainable Design
On Eco Money, Prime Time's Rachel Kelly speaks to Satoshi Konagai, Leader, LIXIL Water Technology, Asia Pacific to find out how household appliances such as faucets and toilets can play a key role in sustainable solutions.
See omnystudio.com/listener for privacy information.
12/8/2021 • 8 minutes, 6 seconds
ST: The Big Story, 8 Dec
A Singapore Business Federation survey has found that businesses here are in better shape to bounce back after two turbulent two years brought on by the pandemic.
Straits Times assistant video editor Olivia Quay speaks to SBF’s chief executive Lam Yi Young to find out more about the outlook for next year.See omnystudio.com/listener for privacy information.
12/8/2021 • 3 minutes, 2 seconds
Sustainable Singapore: Barramundi Group aims for highest sustainable farming standards in aquaculture
Sustainable aquaculture is set to take a further step forward, as Barramundi Group has entered a landmark partnership with the WWF Singapore to increase responsible seafood production here. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Andreas von Scholten, Chief Executive Officer, Barramundi Group who shares more on the changes made, and their impact.See omnystudio.com/listener for privacy information.
12/7/2021 • 11 minutes, 42 seconds
Respectable Gains in 2022 for Asia-Pacific Markets
Though uncertainties ranging from COVID-19 variants to rising inflationary pressures continue to beset investors, Credit Suisse thinks that markets in the Asia-Pacific may see decent gains. Dan Fineman, Credit Suisse's Co-Head of Asia Pacific Equity Strategy, spoke to us on Prime Time about Credit Suisse's outlook, why they like ASEAN markets and bank, and if Omicron has altered their views in the last 2 weeks.See omnystudio.com/listener for privacy information.
12/7/2021 • 9 minutes, 58 seconds
ST: The Big Story, Dec 7
Singapore appears to be turning a corner in its Covid-19 fight as cases have been below 1,000 for over 4 days. Straits Times assistant video editor Olivia Quay speaks to Associate Professor Alex Cook, vice-dean of research at the National University of Singapore's Saw Swee Hock School of Public Health, who discusses what could happen if these trends continue.See omnystudio.com/listener for privacy information.
12/7/2021 • 7 minutes, 38 seconds
What inflation and a deceleration in job growth means for the US economy
Last week The US Federal Reserve Chairman Jerome Powell said that it’s time to retire the term “transitory” when discussing the current US inflation trends. But with November’s non-farm payroll survey highlighting a significant deceleration in job growth, how might this impact the economic recovery? Prime Time's Rachel Kelly speaks to Bernard Yeung, Stephen Riady Distinguished Professor in Finance and Strategic Management, NUS who shares his analysis. See omnystudio.com/listener for privacy information.
12/7/2021 • 10 minutes, 7 seconds
Powering Your Property: Financing your first home
The Monetary Authority of Singapore has warned Singapore households to carefully assess their ability to meet mortgage obligations, as households have amassed a larger pile of debt than they had before Covid-19 struck. So what do homeowners need to know about financing their home? Prime Time's Rachel Kelly and Shehzad Haque find out from Sumit Agarwal, Low Tuck Kwong Distinguished Professor of Finance, Economics and Real Estate, National University of Singapore See omnystudio.com/listener for privacy information.
12/7/2021 • 14 minutes, 9 seconds
In The Spotlight: Filling Angela Merkel's shoes
Germany will be choosing its new chancellor this week, Time person of the year is set to be announces, and what's the latest on the Omicron Covid-19 variant. In The Spotlight, Prime Time's Rachel Kelly spoke to Rich Preston, Senior World News Reporter/Presenter, BBC on the headlines he is tracking in the week ahead.See omnystudio.com/listener for privacy information.
12/6/2021 • 8 minutes, 5 seconds
ST: The Big Story, 6 Dec
In The Straits Times' The Big Story, assistant video editor Olivia Quay spoke to opinion editor Grace Ho gives her take on the Workers' Party's possible next steps as hearings on Raeesah Khan's case continues.See omnystudio.com/listener for privacy information.
12/6/2021 • 6 minutes, 54 seconds
SGExtra: Singapore awaits the Workers Party's response to the Committee of Privileges' special report
On SGExtra, Prime Time's Rachel Kelly catches up with Zakir Hussain, Singapore Editor at The Straits Times on the special report by Parliament’s privileges committee on the Worker’s Party’s Raeesah Khan.See omnystudio.com/listener for privacy information.
12/6/2021 • 7 minutes, 31 seconds
Market View: Gold set for consolidation
As the Christmas song goes.. on the 5th day of Christmas my true love gives to me 5 gold rings. But how much have those 5 gold rings gone up by on year in value? And would you have been better investing in another previous metal? In Market View, Prime Time's Rachel Kelly spoke to Avtar Sandu, Senior Manager, Commodities, Phillip Futures to find out. See omnystudio.com/listener for privacy information.
12/6/2021 • 9 minutes, 17 seconds
OCBC EMERGING ENTERPRISE AWARDS 2021: SHIOK MEATS
Bernard Lim speaks to Sandhya Sriram, Group CEO & Co-founder, Shiok Meats, one of the nominees for this year’s OCBC Emerging Enterprise Awards 2021. This year, the awards recognize small and medium-sized enterprises that demonstrate innovation, resilience, and sustainability despite going through tough circumstances.See omnystudio.com/listener for privacy information.
12/6/2021 • 9 minutes, 58 seconds
OCBC EMERGING ENTERPRISE AWARDS 2021: NANOSUN
Bernard Lim speaks to Prof Darren Sun, Founder and Ann Chai, Managing Director, at Nanosun, one of the nominees for this year’s OCBC Emerging Enterprise Awards 2021. This year, the awards recognize small and medium-sized enterprises that demonstrate innovation, resilience, and sustainability despite going through tough circumstances.See omnystudio.com/listener for privacy information.
12/6/2021 • 11 minutes, 27 seconds
OCBC EMERGING ENTERPRISE AWARDS 2021: MR POPIAH
Bernard Lim speaks to Lewis Tan, Director, Mr Popiah, one of the nominees for this year’s OCBC Emerging Enterprise Awards 2021. This year, the awards recognize small and medium-sized enterprises that demonstrate innovation, resilience, and sustainability despite going through tough circumstances.See omnystudio.com/listener for privacy information.
Bernard Lim speaks to Karthik Rajan, CEO, LivFresh Farms, one of the nominees for this year’s OCBC Emerging Enterprise Awards 2021. This year, the awards recognize small and medium-sized enterprises that demonstrate innovation, resilience, and sustainability despite going through tough circumstances.See omnystudio.com/listener for privacy information.
12/6/2021 • 10 minutes, 56 seconds
Forex Fridays: Continued Omicron Uncertainty in the FX Space
Uncertainty connected to the new COVID-19 Omicron variant kept markets volatile and on their toes. Lim Jun Kit, Strategist at Phillip Futures, spoke to us on Forex Fridays on how this is shaping trends in the FX space, touching on the USD, currencies across the ASEAN, the SGD, and the resilient Chinese Yuan.See omnystudio.com/listener for privacy information.
12/5/2021 • 12 minutes, 12 seconds
In The Spotlight: What do new guidelines mean for crypto traders?
Red hot rallies in crypto currencies have caught the attention of many investors.
But how much do we really know about how cryptos are regulated?
A new Finance Action Task Force (FATF) guidance seeks to alleviate some of the risks involved in virtual assets - To find out more, Rachel Kelly and Shehzad Haque speak to Bharath Vellore, Managing Director in APAC, LexisNexis Risk Solution.See omnystudio.com/listener for privacy information.
12/3/2021 • 12 minutes, 4 seconds
VTL travellers from Singapore exempted from South Korea's new quarantine rules
People will still be able to travel without quarantine between Singapore and South Korea under the Vaccinated Travel Lane scheme, despite new border restrictions kicking in in the country. Prime Time's Rachel Kelly and Shehzad Haque speak to Toh Ting Wei, Journalist, The Straits Times who shares more on the latest situation. See omnystudio.com/listener for privacy information.
12/3/2021 • 9 minutes, 19 seconds
Singapore now Asia's priciest city. What were the driving factors?
Singapore has been named Asia's priciest city, due to the rising inflation and global supply chain issues. To share more about the findings, Prime Time's Rachel Kelly and Shehzad Haque speak to Simon Baptist, Global Chief Economist, at the Economist Intelligence Unit.See omnystudio.com/listener for privacy information.
12/2/2021 • 9 minutes, 33 seconds
The Challenging Year That Was for Gold
Year-to-date, gold prices have fallen by more than 6% with rising interest rate pressures sapping demand for the classic inflation hedge. JP Ong spoke to Robin Tsui, APAC Gold Strategist for State Street Global Advisors, about the challenging year that was for the precious metal, and if there are better days ahead in the new year.See omnystudio.com/listener for privacy information.
12/2/2021 • 8 minutes, 59 seconds
ST: The Big Story, 2 Dec
Leaders of the Workers' Party were told by their MP Raeesah Khan that she had lied in Parliament, about a week after she made false statements about a sexual assault case in a speech on Aug 3. Straits Times Multimedia Correspondent Harianto Diman spoke to Straits Times Senior Political Correspondent, Tham Yuen-C who shares more on what happened between the time Ms Khan confessed to WP leaders and admitted to her lying in Parliament.See omnystudio.com/listener for privacy information.
12/2/2021 • 6 minutes, 21 seconds
Decarbonisation of the maritime industry through hybridisation and electrification
The maritime industry is predicted to miss the zero emissions target by 2050 due to a lack of available low-carbon options on the market. However, in order to make better progress Sea Forrest, is committed to providing sustainable solutions to the launch vessel industry through its hybridisation and electrification business. Prime Time's Rachel Kelly speaks to Sea Forrest's CEO, George Lee to find out more about the technology and the impact it has.See omnystudio.com/listener for privacy information.
12/2/2021 • 12 minutes, 2 seconds
ST: The Big Story, 1 Dec
In The Straits Times The Big Story, Hairianto Diman spoke to Senior political correspondent Tham Yuen-C to find out what’s next for Sengkang GRC following Raeesah Khan's resignation.See omnystudio.com/listener for privacy information.
12/1/2021 • 5 minutes, 17 seconds
Eco Money: How gold mining can support the economic development of local communities
In its latest report - The Social and Economic Contribution of Gold Mining - the World gold Council has sought to demonstrate how gold mining can support the economic development of local communities and national economies. To find out more Shehzad Haque speaks to Terry Heymann, CFO, World Gold Council. See omnystudio.com/listener for privacy information.
12/1/2021 • 11 minutes, 33 seconds
Across the ASEAN: The Impressive Year for Southeast Asian IPO Markets
Despite a challenging year that hit many economies across Southeast Asia hard -- Deloitte notes that public listings across the ASEAN surpassed 2020's levels in the first 10 and a half months, with signs that there may be more listings in the last weeks of the year. Tay Hwee Ling, Deloitte's Disruptive Events Advisory Leader for Southeast Asia and Singapore, joined us on Across the ASEAN to talk about the IPO trends that bucked the rather challenging economic climate in the region.See omnystudio.com/listener for privacy information.
According to Project DrawDown, reducing food waste is the number one solution to the climate crisis. In a bid to tackle this, OLIO was launched in 2015 to connect neighbours with each other and with local businesses so surplus food could be shared, not thrown away. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Tessa Clarke, Co-Founder, and CEO, OLIO who shares what impact this has. See omnystudio.com/listener for privacy information.
12/1/2021 • 12 minutes, 50 seconds
The STI Falls Back Below 3100
The Straits Times Index lost 180 points in the last 3 trading days of November, sending the Straits Times Index plunging below the 3100 level, with concerns rising over the new COVID-19 Omicron variant. JP Ong spoke to Azure Capital's Founder and CEO Terence Wong about the month that was, and that terrible end to November for local stocks.See omnystudio.com/listener for privacy information.
11/30/2021 • 10 minutes, 7 seconds
What Omicron means for travel bans and vaccine diplomacy
Singapore has announced tighter border measures to detect and contain the new Omicron variant, whereas some countries have closed borders altogether. Prime Time's Rachel Kelly and Shehzad Haque speak to Terence Fan, Assistant Professor of Strategic Management, SMU who shares more on what Omicron means for travel bans and vaccine diplomacy.See omnystudio.com/listener for privacy information.
11/30/2021 • 10 minutes, 27 seconds
ST: The Big Story, 30 Nov
Singapore announced tighter border measures to detect and contain the new Covid-19 variant. In the Straits Times’ The Big Story, Multimedia journalist Hairianto Diman speaks to TEO Yik Ying, Saw Swee Hock School of Public Health, NUS who shared more about these precautionary measures and how they might help. See omnystudio.com/listener for privacy information.
11/30/2021 • 7 minutes, 6 seconds
Powering Your Property: Leasehold vs Freehold
It’s the age old private property investment debate.. Leasehold vs Freehold. Do you really hold a freehold property indefinitely? And what happens to a leasehold after 99 years if that is the stated tenure? Prime Time's Rachel Kelly and Shehzad Haque speak to Nicholas Mak, Head of Research and Consultancy at ERA Realty to find out more.See omnystudio.com/listener for privacy information.
11/30/2021 • 11 minutes, 17 seconds
The Outlook for Market Risks Heading Into 2022
With new risks from the new COVID-19 Omicron strain added to inflationary pressures, tighter monetary policy and potential energy shortages ahead of the winter months. Are there more risks to markets as we close out the year and head into 2022? Johan Jooste, Managing Director for the Global CIO Office, joined us on Prime Time to discuss.See omnystudio.com/listener for privacy information.
11/29/2021 • 9 minutes, 3 seconds
What to expect in the week ahead for markets
Global markets plunged on the discovery of a new coronavirus strain in southern Africa, Omicron. So, what can we expect in the week ahead on the back of this? Prime Time's Rachel Kelly speaks to Mark Cranfield, Market Strategist at Bloomberg who shares his analysis.See omnystudio.com/listener for privacy information.
11/29/2021 • 9 minutes, 26 seconds
ST: The Big Story, 29 Nov
In the Straits Times’ The Big Story, Multimedia journalist Hairianto Diman spoke to Associate professor David Allen from the Infectious Diseases Translational Research Programme at NUS' Yong Loo Lin School of Medicine who shared more about the new Omicron variant - including its capabilities and how effective the current vaccines are against it. See omnystudio.com/listener for privacy information.
11/29/2021 • 4 minutes, 24 seconds
SGExtra - Singapore and Malaysia are aiming to expand the land Vaccinated Travel Lane scheme
Singapore and Malaysia are aiming to expand the land Vaccinated Travel Lane scheme to include general travellers from mid-December.
Prime Time's Rachel Kelly speaks to Zakir Hussain, Singapore Editor at The Straits Times who shares more on the development, along with the possible impact that the new variant of concern, Omicron, might have on the scheme.See omnystudio.com/listener for privacy information.
11/29/2021 • 7 minutes, 55 seconds
Lacquer screen from the last Vietnamese emperor sells for HK$9.7 million (S$1.7 million)
A six-panelled lacquer screen from the last Vietnamese Emperor Bao Dai has sold for HK$9.7 million (S$1.7 million) at a Bonhams auction in Hong Kong, setting a world record for the artist at an auction. Bernadette Rankine, director of Bonhams Southeast Asia joins us on Prime Time to share the significance of the piece, the impact of Covid-19 on the art market, and more. See omnystudio.com/listener for privacy information.
11/29/2021 • 7 minutes, 29 seconds
OCBC EMERGING ENTERPRISE AWARDS 2021: LIONSBOT INTERNATIONAL
Bernard Lim speaks to Dylan Ng and Professor Rajesh Mohan, Co-founders of LionsBot International, one of the nominees for this year’s OCBC Emerging Enterprise Awards 2021. This year, the awards recognize small and medium-sized enterprises that demonstrate innovation, resilience, and sustainability despite going through tough circumstances.See omnystudio.com/listener for privacy information.
11/29/2021 • 8 minutes, 41 seconds
OCBC EMERGING ENTERPRISE AWARDS 2021: KOOLLOGIX
Bernard Lim speaks to Cheong Chun Keat, CEO and Nicholas Tan, Sales Manager at KoolLogix, one of the nominees for this year’s OCBC Emerging Enterprise Awards 2021. This year, the awards recognize small and medium-sized enterprises that demonstrate innovation, resilience, and sustainability despite going through tough circumstances.See omnystudio.com/listener for privacy information.
11/29/2021 • 5 minutes, 53 seconds
OCBC EMERGING ENTERPRISE AWARDS 2021: GENPLUS
Bernard Lim speaks to Lim Ming Chiat, Managing Director and Lionel Moh, Head of Research at GenPlus, one of the nominees for this year’s OCBC Emerging Enterprise Awards 2021. This year, the awards recognize small and medium-sized enterprises that demonstrate innovation, resilience, and sustainability despite going through tough circumstances.See omnystudio.com/listener for privacy information.
Bernard Lim speaks to Bentinck Ng, CEO and Co-founder of Gashub United Utility and Aviers Lim, Group Chief Executive Officer, GashubUnited Holdings, one of the nominees for this year’s OCBC Emerging Enterprise Awards 2021. This year, the awards recognize small and medium-sized enterprises that demonstrate innovation, resilience, and sustainability despite going through tough circumstances.See omnystudio.com/listener for privacy information.
11/29/2021 • 9 minutes, 15 seconds
Forex Fridays: Assessing Omicron and Lessons from the Lira
The week that was saw markets rocked by the emergence of a new COVID-19 variant which threatened the global economic reopening. Peter Chia, Senior FX Strategist at UOB, joined us on Forex Fridays to talk about how this has hit forex markets and safe haven currencies, as well as take stock of lessons to take from the Turkish Lira's dramatic collapse in the mid-week.
See omnystudio.com/listener for privacy information.
11/28/2021 • 11 minutes, 38 seconds
Key trends in the franchising business model
This year’s Franchising and Licensing Asia examined how businesses evolve and transform themselves to surf the wave of changes, stay nimble and diversify to rise above the tide. To find out more Prime Time's Rachel Kelly speaks to Andrew Khoo, President of the Franchise Licensing Association.See omnystudio.com/listener for privacy information.
11/26/2021 • 6 minutes, 28 seconds
In The Spotlight: How to futureproof your franchise
The Franchising and Licensing Asia conference discussed the current state of play in the industry, how to protect your brand, as well as rising trends in the franchise arena. Prime Time's Rachel Kelly speaks to conference keynote speaker and seasoned international business executive, Joe Canterbury, Founder, Chaucer Global who shares more about how to futureproof your franchise. See omnystudio.com/listener for privacy information.
11/26/2021 • 7 minutes, 29 seconds
ST: The Big Story, 26 Nov
The new Covid-19 variant, which was first discovered in South Africa, has surfaced in Botswana and Hong Kong. In the Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to Straits Times' Journalist Kok Yufeng, who shared more about the variant's potential threat and its implications on Singapore's VTL plans.See omnystudio.com/listener for privacy information.
11/26/2021 • 1 minute, 47 seconds
How the Mount Pleasant project could pave the way to redevelop heritage sites in the future
Six buildings around the Old Police Academy will be earmarked for conservation, with four within a new 33ha, 5,000-unit public housing estate, following a first-of-its-kind heritage study. Prime Time's Rachel Kelly speaks to Ng Keng Gene, Journalist at The Straits Times who shares more on how this project could pave the way to redevelop heritage sites in the future.See omnystudio.com/listener for privacy information.
11/26/2021 • 5 minutes, 47 seconds
Asian Insider: Inside Hong Kong, 25 November
Chinese health experts in Hong Kong this week to review the city's Covid-19 measures, details of quarantine-free travel may be announced soon. Prime Time's Rachel Kelly and Timothy Go speak to Claire Huang, Hong Kong Correspondent, Straits Times who shares more details on the expectations.See omnystudio.com/listener for privacy information.
11/25/2021 • 8 minutes
A Divergent November for Mainland Chinese and Hong Kong Stocks
It wasn't the smoothest of months, but there were signs that markets in Shanghai and Shenzhen found firmer ground, and even mounted encouraging gains this November. Is the worst over for stocks on the Mainland? And why has the Hang Seng continued to slump out in Hong Kong? Peter Chun, founder of Silverbear Capital, joined us on Prime Time to discuss.See omnystudio.com/listener for privacy information.
11/25/2021 • 11 minutes, 13 seconds
ST: The Big Story, 25 November 2021
Travellers scrambled to get bus tickets for quarantine-free land travel to Johor Baru on the first day tickets went on sale. In the Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to Straits Times' Journalist Ang Qing, who shared more about the process of booking bus tickets for Singapore and Malaysia's land VTL. See omnystudio.com/listener for privacy information.
11/25/2021 • 3 minutes, 32 seconds
Across the ASEAN: Recapping Singapore's Final GDP Print
The final print for Singapore's GDP showed the economy grew by 7.1% in the third quarter, a significant upgrade from October's flash estimates and well above consensus estimates. Taimur Baig, DBS' Chief Economist, joined us on Across the ASEAN to discuss the numbers, and also take stock of rising inflation in Singapore, and Southeast Asia's attempts to effectively reopen.See omnystudio.com/listener for privacy information.
11/25/2021 • 8 minutes, 30 seconds
ST: The Big Story, 24 November 2021
In the Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to Straits Times' Education Correspondent, Amelia Teng who shared more on the new PSLE scoring system, used for the first time this year. See omnystudio.com/listener for privacy information.
With more than half the world’s population living in cities, efficient sustainable vertical transportation has become a pressing challenge. On Eco Money, Prime Time’s Timothy Go and Rachel Kelly speak to Tristan Foureur, Co-Founder and Chief Technology Officer of WeMaintain who shares how the company's technology helps to tackle this issue.See omnystudio.com/listener for privacy information.
11/24/2021 • 9 minutes, 45 seconds
Sustainable Singapore: The future of milk production
Singapore biotech start-up TurtleTree is using cell-based technology to create sustainable food and dairy without animals. They recently raised $30 Million to commercialise cell-based milk. On Sustainable Singapore, Rhianne Lovell-Boland speaks to HonMun Yip, Executive Vice President at TurtleTree who shares more about the process of lab-made milk and how they plan to use the funds.
See omnystudio.com/listener for privacy information.
11/24/2021 • 11 minutes, 5 seconds
OCBC Emerging Enterprise Awards 2021: G8Subsea
Bernard Lim speaks to Gerald Tan Tze Liong at G8Subsea, one of the nominees for this year’s OCBC Emerging Enterprise Awards 2021. This year, the awards recognize small and medium-sized enterprises that demonstrate innovation, resilience, and sustainability despite going through tough circumstances.See omnystudio.com/listener for privacy information.
11/24/2021 • 8 minutes, 20 seconds
SGExtra: Where is Singapore’s exciting property market headed to?
In Powering Your Property, Rachel Kelly and Timothy Go spoke to Benett Theseira, Chair, Urban Land Institute Singapore and Managing Director, Head of Asia Pacific, PGIM Real Estate about the outlook of Singapore’s exciting property market.See omnystudio.com/listener for privacy information.
11/24/2021 • 7 minutes, 57 seconds
Unpacking the Metaverse and What It Means for the Future of Business
In 7 minutes, we tried to tackle what the Metaverse will mean for economies and businesses, and if the virtual economy will replace the real one, or move towards a symbiotic relationship. Daryl Ho, Senior Investment Strategist at DBS, joined us on Prime Time to discuss what to expect from the age of Meta.See omnystudio.com/listener for privacy information.
11/23/2021 • 7 minutes, 31 seconds
In The Spotlight: President Biden picks Powell for second Fed term
US markets waited anxiously to find out who President Biden would pick as US Federal Reserve chair, and investors got their answer as Biden nominated Jerome Powell for a second term. The other candidate up for the role was Governor Lael Brainard, who was selected as Vice Chair. Prime Time's Rachel Kelly speaks to Thomas Costerg, Senior US Economist, Pictet Wealth Management who shares his analysis on the decision.See omnystudio.com/listener for privacy information.
11/23/2021 • 7 minutes, 30 seconds
In The Spotlight: Week ahead headlines
In The Spotlight, Rachel Kelly and Timothy Go spoke to Robert Hugh-Jones, Editor, BBC about a fascinating original carpet from China’s Ming dynasty goes under the hammer in Paris this week. We get the latest on this and other headlines he is tracking. See omnystudio.com/listener for privacy information.
11/22/2021 • 7 minutes, 33 seconds
ST: The Big Story, 21 Nov
In the Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to Keith Chua, vice president of the Restaurant Association of Singapore about his members' reaction to the easing of Covid-19 measures to allow up to five fully vaccinated people from different households to dine together at restaurants and eateries.See omnystudio.com/listener for privacy information.
11/22/2021 • 4 minutes, 51 seconds
Fidelity's 2022 Outlook for Markets
FIdelity International has released its 2022 Outlook for Markets, where they acknowledged growing uncertainty from monetary policy, but nevertheless, that stocks will stick a soft landing in the year ahead. Ian Samson, Portfolio Manager at Fidelity, joined us on Prime Time to discuss what the group's expecting in the year ahead.See omnystudio.com/listener for privacy information.
11/22/2021 • 15 minutes, 9 seconds
OCBC Emerging Enterprise Awards 2021: Dreamcore
Bernard Lim speaks to Shaun Tan, Director, Dreamcore, one of the nominees for this year’s OCBC Emerging Enterprise Awards 2021. This year, the awards recognize small and medium-sized enterprises that demonstrate innovation, resilience, and sustainability despite going through tough circumstances.See omnystudio.com/listener for privacy information.
11/22/2021 • 10 minutes, 12 seconds
Up to 5 vaccinated people from different households can now dine out
Singapore has relaxed curbs on dining out, household visits and some social activities. Prime Time's Timothy Go and Rachel Kelly speak to Zakir Hussain, Singapore Editor at The Straits Times who shares more about the latest Covid-19 measures.See omnystudio.com/listener for privacy information.
11/22/2021 • 6 minutes, 49 seconds
OCBC Emerging Enterprise Awards 2021: Doxa Holdings International
Bernard Lim speaks to Edmund Ng and Leon Yeo, Co-founders, Doxa Holdings International, one of the nominees for this year’s OCBC Emerging Enterprise Awards 2021. This year, the awards recognize small and medium-sized enterprises that demonstrate innovation, resilience, and sustainability despite going through tough circumstances.See omnystudio.com/listener for privacy information.
11/22/2021 • 9 minutes, 16 seconds
Forex Fridays with HL Bank's Jeff Ng
Markets continue to ponder the potential of tighter monetary policy in the US, and the recent strength of the US Dollar. HL Bank's Senior Treasury Strategist Jeff Ng joined us on Forex Fridays to discuss how this may shape FX markets and why the Chinese Yuan has been able to hold its own against the galloping greenback.See omnystudio.com/listener for privacy information.
11/21/2021 • 11 minutes, 18 seconds
In The Spotlight: What does industry 4.0 mean for sustainability efforts?
In a recent report, the Economist Intelligence unit highlighted that industry 4.0 could become known as the green revolution. Prime Time’s Rachel Kelly speaks to Cecilia Ku, General Manager, Delta Electronics International who shares what industry 4.0 means for sustainability efforts.See omnystudio.com/listener for privacy information.
11/19/2021 • 11 minutes, 44 seconds
National Population Health Survey shows people in Singapore are less healthy
The latest National Population Health Survey has found that people in Singapore are becoming less healthy, with a concerning uptick in chronic diseases and unhealthy lifestyles. Prime Time's Timothy Go and Rachel Kelly speak to Linette Lai, Political Correspondent at the Straits Times who shares more about the results and what we can learn from them. See omnystudio.com/listener for privacy information.
11/19/2021 • 6 minutes, 49 seconds
The Uneven Experiences of Reopening Tourism Sectors
As various tourist regions across the world try to sustainably reopen to visitors, Southeast Asian destinations aren't recovering as quickly as other places like Mexico and the UAE. Cedric Chehab, Head of Country Risk at Fitch Solutions, joined us on Prime Time to discuss.See omnystudio.com/listener for privacy information.
11/18/2021 • 11 minutes, 25 seconds
In The Spotlight: Focus on Industry 4.0 for Intelligent Factories and Manufacturing
Smart factories are part of the technological transformation driving the Fourth Industrial Revolution, to tackle current challenges in the manufacturing sector. Prime Time's Rachel Kelly speaks to Mike Lackey, Global VP of Solution Management, LoB Digital Manufacturing & IoT, Digital Supply Chain, SAP who shares how smart factories can improve businesses' manufacturing process and supply chain management. See omnystudio.com/listener for privacy information.
11/18/2021 • 14 minutes, 13 seconds
ST: The Big Story, 18 Nov
Coming up in the Straits Times’ The Big Story, Multimedia journalist Hairianto Diman spoke to Diana Teo, Co-chairman of Restaurant Asia 2021 and committee member of the Restaurant Association of Singapore on whether this large-scale event shows that the badly hit F&B sector is on the mend.See omnystudio.com/listener for privacy information.
11/18/2021 • 3 minutes, 18 seconds
Tech Talk: Asian companies taking advantage of the global chip shortage to build their own future
On SGExtra, Prime Time’s Rachel Kelly and Timothy Go spoke to Cheryl Tan, producer at Tech360.tv on Asian companies taking advantage of the global chip shortage and building their own future.See omnystudio.com/listener for privacy information.
Bernard Lim speaks to Keith Tan CEO & Founder at Crown Coffee, one of the nominees for this year’s OCBC Emerging Enterprise Awards 2021. This year, the awards recognize small and medium-sized enterprises that demonstrate innovation, resilience, and sustainability despite going through tough circumstances.See omnystudio.com/listener for privacy information.
11/18/2021 • 8 minutes, 55 seconds
Across the ASEAN: Philippine Markets Take A Pause
Despite the gradual reopening of the Philippine economy, the PSEi in Manila has retreated since the start of November, though it sits comfortably above the 7,000 level it struggled to breach for most of the year. Ron Acoba, Chief Investment Strategist for Trading Edge Consultancy in Manila, spoke to us on Across the ASEAN about the outlook for markets and the Peso for the rest of the year.See omnystudio.com/listener for privacy information.
11/17/2021 • 11 minutes, 40 seconds
Sustainable Singapore: Discovering how sustainability is implemented throughout Marina Bay Sands
Sustainability has been a priority for Marina Bay Sands since they first began operations in 2010, and it continues to remain an integral part of their business. On Sustainable Singapore, Rhianne Lovel-Boland went to experience their Sustainability and Art Path tour to find out more about their initiatives from Marina Bay Sands’ Sustainability Manager, Weixuan Yeh.See omnystudio.com/listener for privacy information.
11/17/2021 • 17 minutes, 53 seconds
In The Spotlight: Leading in Digital Transformation & Industry 4.0 Through the Pandemic/Endemic
In The Spotlight, host Rachel Kelly spoke to Saj Kumar, Regional Business Leader - Manufacturing, Microsoft Asia about leveraging Industry 4.0 in driving organisation changes and strategic initiatives.
See omnystudio.com/listener for privacy information.
11/17/2021 • 10 minutes, 59 seconds
ST: The Big Story, 17 Nov
In The Straits Times’ The Big Story, Multimedia journalist Hairianto Diman spoke to ST’s Journalist Michelle Ng about the latest HDB BTO launch.
These include 960 units in Rochor, the first project under a new prime location public housing model, which comes with a 6%subsidy clawback clause upon their resale.See omnystudio.com/listener for privacy information.
11/17/2021 • 5 minutes, 20 seconds
New Temasek entity to drive sustainable food adoption, back food tech firms in Asia
State-owned global investor Temasek has launched a new company to drive the adoption of sustainable food and build an ecosystem for food tech across Asia.
On Prime Time, host Rachel Kelly spoke to Yeoh Keat Chuan, Deputy Head, Enterprise Development Group and Singapore, Projects, Temasek to find out more about it and which areas Temasek is looking at when it comes to sustainable food investment.See omnystudio.com/listener for privacy information.
11/17/2021 • 8 minutes, 6 seconds
OCBC Emerging Enterprise Awards 2021: Celligenics
Bernard Lim speaks to Kurt Wee, CEO and Winston Lumenta, Head, Corporate Development, Celligenics, one of the nominees for this year’s OCBC Emerging Enterprise Awards 2021. This year, the awards recognise small and medium-sized enterprises that demonstrate innovation, resilience, and sustainability despite going through tough circumstances.See omnystudio.com/listener for privacy information.
11/17/2021 • 10 minutes, 37 seconds
The Market Dynamics and the Politics Behind the Natural Gas and Energy Shortage
There may be signs that surging natural gas prices are starting to ease, but it's worth revisiting how we got to this situation where some energy producers are being forced to switch to oil and even coal to cover energy shortages ahead of winter in the Northern Hemisphere. It's also happening on the heels of the COP26 Summit in Glasgow. JP Ong spoke to Dr Fereidun Fesharaki, the Chairman of FGE, to trace how we got to these energy shortages, if Singapore's strategy to focus on long-term contracts is a better tactic in these times, the politics behind the shortages, and if the transition to cleaner energy is more complicated than first thought.See omnystudio.com/listener for privacy information.
11/16/2021 • 13 minutes, 51 seconds
In The Spotlight: What a breakthrough US-China climate deal at COP26 means for environmental and geopolitical progress
In The Spotlight, Prime Time's Rachel Kelly and Timothy Go spoke to Alex Scott, Climate Diplomacy Lead, E3G, an independent climate change think tank, on what a US-China climate deal means for environmental and geopolitical progress.See omnystudio.com/listener for privacy information.
11/16/2021 • 6 minutes, 28 seconds
ST: The Big Story, 16 Nov
In The Straits Times’ The Big Story, s new protocol, dubbed Vaccination-Differentiated Safe Management Measures + Test, will be piloted to allow fully vaccinated people to do a test before participating in an expanded list of activities.
Multimedia journalist Hairianto Diman spoke to Richard Ireland, acting president of the Singapore Association of Convention and Exhibition Organisers and Suppliers about this new development.See omnystudio.com/listener for privacy information.
11/16/2021 • 4 minutes, 28 seconds
Powering Your Property: Why more HDB upgraders are buying condos
According to the Urban Redevelopment Authority, new home sales excluding executive condominiums, rebounded by 9% in October from the month before. Meanwhile, more Housing Board upgraders are snapping up condominium units. Prime Time's Timothy Go and Rachel Kelly speak to Nicholas Mak, ERA Realty Network's head of research and consultancy who shares the reasons behind these trends. See omnystudio.com/listener for privacy information.
11/16/2021 • 7 minutes, 4 seconds
The power of human connection
Host Rachel Kelly spoke to Laura Deal Lacey, Executive Director of the Milken Institute Asia Center about the importance of Human Connection, the theme of this year’s Milken Institute Asia Summit. See omnystudio.com/listener for privacy information.
Bernard Lim speaks to Effie Chen, Managing Director, BluOcean Security, one of the nominees for this year’s OCBC Emerging Enterprise Awards 2021. This year, the awards recognise small and medium-sized enterprises that demonstrate innovation, resilience, and sustainability despite going through tough circumstances.See omnystudio.com/listener for privacy information.
11/16/2021 • 7 minutes, 36 seconds
OCBC Emerging Enterprise Awards 2021: Arcstone
Bernard Lim speaks to Willson Deng, CEO, Arcstone, one of the nominees for this year’s OCBC Emerging Enterprise Awards 2021. This year, the awards recognise small and medium-sized enterprises that demonstrate innovation, resilience, and sustainability despite going through tough circumstances.See omnystudio.com/listener for privacy information.
11/16/2021 • 11 minutes, 18 seconds
Growing focus on mental health at workplace as Covid-19 pandemic takes toll
A survey by software firm Oracle found that nearly 7 in 10 residents in Singapore said this year has been the most stressful one at work - with more than half struggling more with their mental health at work this year than last year. Prime Time's Timothy Go and Rachel Kelly speak to Zakir Hussain, Singapore Editor, The Straits Times who shares how organisations can beef up mental health support for their employees.See omnystudio.com/listener for privacy information.
Breaking News from Money FM - As part of calibrated easing in Singapore's stabilisation phase, the Multi-Ministry Task Force announced that VDS-enabled activities, Vaccinated Travel Lanes and recreation activities for migrant workers will be extended. According to the Ministry of Health, Singaporeans should expect the number of community cases to increase as more restrictions are being relaxed.See omnystudio.com/listener for privacy information.
11/15/2021 • 3 minutes, 8 seconds
In The Spotlight: The impact of COP26 on energy prices
In The Spotlight, hosts Rachel Kelly and Timothy Go spoke to Stephen Stapczynski, Energy Reporter at Bloomberg about the impact of COP26 on energy prices.See omnystudio.com/listener for privacy information.
11/15/2021 • 8 minutes, 10 seconds
Assessing Concerns of a Potential Chinese Economic Slowdown
This Monday, China's Industrial Production and Retail Sales data for October showed better than expected growth. Still, there are ongoing concerns about the world's second largest economy slowing down thanks to ongoing property sector risks and the energy shortage. JP Ong spoke to Oxford Economics' Lead Economist Tommy Wu about the key takeaways from China's macro scorecard, and possible risks to the broader regional economy.See omnystudio.com/listener for privacy information.
11/15/2021 • 10 minutes, 47 seconds
ST: The Big Story, 15 Nov
Coming up in The Straits Times’ The Big Story, a free e-book - I Can Recover At Home! - to help parents explain the home recovery process to their young children, who are Covid-19 positive, is now available for download.
Multimedia journalist Hairianto Diman spoke to the creator of the e-book Dr Darryl Lim, a consultant paediatrician from Kinder Clinic at Mount Alvernia Medical Centre to find out more.See omnystudio.com/listener for privacy information.
11/15/2021 • 5 minutes, 2 seconds
50 Monumental Years of Preserving Singapore’s Heritage
Timothy Go spoke with Josephine Ong, Managing Director Asia Pacific South, Dassault Systèmes and Jean Wee Dir, National Heritage Board, Preservation of Sites and Monuments about efforts in place to preserve Singapore's heritage.See omnystudio.com/listener for privacy information.
11/15/2021 • 6 minutes, 47 seconds
Forex Fridays: Inflation's Impact on the FX Space
The week that was gave us more reminders of rising inflation in the US and China, with the USD gaining alongside treasury yields. Mooris Tjioe, Investment Analyst at Phillip Futures, joined us on Forex Fridays to discuss the dollar's recent rise, which G10 currencies may be more vulnerable to rising inflation, and if central bankers are behind the curb on addressing price pressures.See omnystudio.com/listener for privacy information.
11/13/2021 • 12 minutes, 3 seconds
In The Spotlight: Launch of Electronic GIRO (eGIRO)
In The Spotlight, Timothy Go spoke to Edmund Louis Nathan, Founder and Group CEO of Singapore E-Business about a new eGiro service launched at Singapore Fintech festival this week. See omnystudio.com/listener for privacy information.
11/12/2021 • 7 minutes, 42 seconds
13,000 disadvantaged students to get more help to stay in school
13,000 students in Singapore are set to benefit from an expansion of a pilot initiative by the Ministry of Education to help children from disadvantaged backgrounds stay in school. Prime Time's Timothy Go speaks to Amelia Teng, Education correspondent, Straits Times who shares more details on the scheme and how students benefit from it.See omnystudio.com/listener for privacy information.
11/12/2021 • 6 minutes, 20 seconds
ST: The Big Story, 11 Nov
In a Facebook post, the Embassy of Denmark in Singapore said Singapore was "now considered a high risk country for travel to Europe".
In The Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to Journalist Toh Ting Wei about Singapore residents no longer being able to enjoy two-way quarantine-free travel with Denmark.See omnystudio.com/listener for privacy information.
11/11/2021 • 6 minutes, 21 seconds
Asian Insider: Inside HK (11 Nov)
Could there be light at the end of the tunnel for Hong Kong and China’s border to reopen?
On Inside Hong Kong, host Timothy Go spoke to Claire Huang, Hong Kong Correspondent, Straits Times to find out about the latest from the territory.
See omnystudio.com/listener for privacy information.
11/11/2021 • 9 minutes, 6 seconds
Talking Telcos with DBS' Sachin Mittal
Starhub and Singtel both released earnings before the Thursday open, with both telcos posting an encouraging set of results. DBS' resident telco analyst Sachin Mittal joined us on Prime Time to discuss the two telcos, what stood out for him in their reports and how they're doing with regards to the transition to 5G.See omnystudio.com/listener for privacy information.
11/11/2021 • 11 minutes, 4 seconds
Tech Talk: 10-year-old Khan twins earn Microsoft Power Platform Certification
On Tech Talk, Prime Time's Timothy Go speaks to 10-year-old twins Zara and Zenubia after they became the two youngest people to earn the Microsoft Power Platform certification after they learned to build apps on Microsoft Power Platform. They share more on the apps they have created so far, and their goals for the future. See omnystudio.com/listener for privacy information.
11/11/2021 • 7 minutes, 8 seconds
Eco Money: The costs of climate change and latest updates from COP26
In Eco Money, host Timothy Go and Matthew Oxenford, Analyst, Europe, Economist Intelligence Unit discuss some of the gaps that remain such as financial support for poorer nations and get the latest on the COP26 summit in Glasgow.See omnystudio.com/listener for privacy information.
11/10/2021 • 6 minutes, 59 seconds
Across the ASEAN: Who Stands to Gain From Malaysia's Budget?
Weeks after Malaysia unveiled a record budget to help jumpstart the country's economic recovery, Maybank Kim Eng thinks that some sectors may be better positioned to gain. Anand Pathmakanthan, the Head of Regional Equity Research at Maybank KE, joined us on Across the ASEAN to talk about why palm oil stocks, tech shares and auto firms may benefit from Malaysia's latest budget, and if this may come at the expense of previous COVID winners like glove makers.See omnystudio.com/listener for privacy information.
11/10/2021 • 13 minutes
ST: The Big Story, 10 Nov
In The Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to Education correspondent Amelia Teng about a pilot program to help under-privileged students stay in school which is going nationwide. See omnystudio.com/listener for privacy information.
11/10/2021 • 5 minutes, 43 seconds
Sustainable Singapore: UNDP says ‘Don’t Choose Extinction’ and gives updates on COP26 progress
The United Nations Development Programme is calling on world leaders to end fossil fuel subsidies in their ‘Don’t Choose Extinction’ campaign. This comes as the United Nations COP26 Climate summit is taking place in Glasgow, so what outcome is UNDP hoping to see there? On Sustainable Singapore, Rhianne Lovell-Boland speaks to Niloy Banerjee, Resident Representative for UNDP Malaysia, Singapore, and Brunei Darussalam who shares more on what they hope to achieve in the campaign, and progress at the COP26 summit. See omnystudio.com/listener for privacy information.
11/10/2021 • 14 minutes, 40 seconds
Amazon on e-commerce export opportunities, trends, and challenges
A recent survey commissioned by Amazon has found that e-commerce sellers in Singapore currently earn an estimated S$1.4 billion from overseas sales, with almost half of this earned by Micro, Small & Medium Enterprises. So how do these small players further expand beyond national borders to accelerate these export figures, especially at a time when supply chain chaos is hitting global growth?
Prime Time's Rachel Kelly and Timothy Go speak to Bernard Tay, Head of Amazon Global Selling, Southeast Asia who shares more.See omnystudio.com/listener for privacy information.
11/9/2021 • 11 minutes, 27 seconds
Of Easing Travel, Inflation, and Year-End Risks
With the US reopening its borders to fully vaccinated travelers and Singapore reopening new travel lanes, new hope has breathed into the global reopening as more countries learn to live with COVID-19. Inflationary pressures though, continue to show up in household expenses and the profit margins of some firms. Song Seng Wun, Economist at CIMB Private Banking, joined us on Prime Time to talk about the risks and opportunities these pose for the last 2 months of the year.See omnystudio.com/listener for privacy information.
11/9/2021 • 11 minutes, 58 seconds
ST: The Big Story, 9 Nov
In The Straits Times’ The Big Story, following the announcement of upcoming Vaccinated Travel Lanes between Singapore and Malaysia, there are some concerns that the flights may be too costly for Malaysian workers here.
But, what about the situation in Malaysia? Assistant video editor Olivia Quay spoke to Malaysia correspondent Ram Anand about the groups of people in Malaysia looking to take this opportunity to travel to SingaporeSee omnystudio.com/listener for privacy information.
11/9/2021 • 4 minutes, 46 seconds
Powering Your Property: Why do property prices keep going up in Singapore?
Prices of resale non-landed private homes have also climbed for the 15th consecutive month in October - but is the only way up for private and public property prices?
In Powering Your Property, hosts Timothy Go and Rachel Kelly spoke to Christine Sun, Senior Vice President of Research & Analytics at Orange Tee & Tie to find out.See omnystudio.com/listener for privacy information.
11/9/2021 • 8 minutes, 34 seconds
Singapore, Malaysia to start VTL for quarantine-free air travel from Nov 29
Vaccinated travellers will be able to take flights between Singapore and Kuala Lumpur without quarantine from Nov 29. Prime Time's Timothy Go and Rachel Kelly spoke to Zakir Hussain, Singapore Editor at the Straits Times about the details.See omnystudio.com/listener for privacy information.
11/9/2021 • 9 minutes, 43 seconds
Should Investors Be Worried About Bids Undervaluing Companies?
Though SPH received a competing offer from the Cuscaden Peak consortium to rival Keppel's offer, investors wrote to the Securities Investors Association of Singapore, with worries that the bids actually undervalue the company. In fact, Sembcorp Marine also dealt with a mandatory bid from Temasek that was well below its Net Asset Value as well.David Gerald, the CEO of SIAS, joined us on Prime Time to talk about these bids, what concerns SPH investors raised about the SPH offers, and what retail investors can do if a bid comes in below some valuation metrics.See omnystudio.com/listener for privacy information.
11/8/2021 • 11 minutes, 21 seconds
In The Spotlight: What to look out for in COP26 this week
In The Spotlight, host Timothy Go and Rachel Kelly spoke to Audrey Tinline, Senior Journalist, BBC about COP26 and other stories they are tracking this week.See omnystudio.com/listener for privacy information.
11/8/2021 • 4 minutes, 38 seconds
ST: The Big Story, 8 Nov
In The Straits Times’ The Big Story, Assistant Video Editor Olivia Quay spoke to Dr Liew Woei Kang, consultant paediatrician at the Paediatric Allergy Immunology Rheumatology Centre on whether parents need to be worried that their child will contract the multi-system inflammatory syndrome after four children in Singapore - infected with Covid-19 - have also come down with MIS-C.See omnystudio.com/listener for privacy information.
11/8/2021 • 4 minutes, 59 seconds
Forex Fridays: The Fed Tapers
On Forex Fridays, JP Ong spoke with Mizuho's Head of Economics and Strategy, Vishnu Varathan, about the Federal Reserve's widely expected announcement to begin tapering its massive bond buying program. He discusses tapering versus hiking rates, the different stances of the Reserve Bank of Australia and the Bank of England in their recent decisions, and the Singapore Dollar's outlook against rising inflation.See omnystudio.com/listener for privacy information.
11/6/2021 • 12 minutes, 56 seconds
In The Spotlight: How the pandemic has made many Singaporeans adopt better financial habits
In The Spotlight, Prime Time's Rachel Kelly spoke to Tan Siew Lee, Head of Wealth Management Singapore, OCBC Bank to find out how the Covid-19 pandemic has shaped Singaporean’s spending habits.See omnystudio.com/listener for privacy information.
11/5/2021 • 10 minutes, 46 seconds
SGExtra: What you need to know about the upcoming bus, train fare hike
ON SGExtra, Prime Time's Rachel Kelly spoke to Kok Yu Feng, Journalist at the Straits Times about bus and train fares in Singapore which are set to increase for the first time in two years, amid rising operating costs and a drop in ridership. See omnystudio.com/listener for privacy information.
11/5/2021 • 6 minutes, 49 seconds
Sustainable Singapore: How can decarbonisation roadmaps actually be followed?
Global leaders and heads of companies from over 200 countries are coming together at the COP26 talks in Glasgow, but how can decarbonisation roadmaps actually be followed? Smart technologies company Wärtsilä says governments and power companies need to put flexible systems in place now. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Nicolas Leong, Energy Business Director, North & Southeast Asia, Wärtsilä who shares more.See omnystudio.com/listener for privacy information.
11/3/2021 • 11 minutes, 8 seconds
Across the ASEAN: Reviewing Asset Quality Trends for UOB and OCBC
UOB and OCBC released quarterly earnings that impressed for the most part, but how good is the asset quality for these lenders, as well as credit cost trends facing the 2 banks? Rena Kwok, Credit Analyst at Bloomberg Intelligence, joined us on Across the ASEAN to recap the report cards for UOB and OCBC, and also talk about potential exposure for Singapore's lenders to housing property risks in China. She also shared her recent research on banks in the Philippines and Thailand.See omnystudio.com/listener for privacy information.
11/3/2021 • 11 minutes, 8 seconds
Eco Money: What COP26 means for investors.
The past 7 years have been the warmest on record - and sea levels have risen to a new high.
That’s according to the latest report by the World Meteorological Organisation.
The report breaking as leaders from around the globe gathered in Scotland at the start of climate talks set to define the future of climate action and finalise the details of implementation for the Paris Agreement.
Jenn Hui Tan, Global Head of Stewardship and sustainable investing, Fidelity International says global leaders have years, not decades, left to keep the planet within 1.5c warming scenario. He adds that the stakes for COP26 summit couldn’t be higher.
See omnystudio.com/listener for privacy information.
11/3/2021 • 14 minutes
In The Spotlight: Key takeaways from G20 summit
In The Spotlight, Timothy Go spoke to Professor Andrew Delios, Vice Dean, MSc Programmes, Department of Strategy & Policy, NUS Business School on the takeaways from G20, and what it means for COP26.See omnystudio.com/listener for privacy information.
11/2/2021 • 10 minutes, 28 seconds
Assessing the Fed's Upcoming Policy Decision
The Federal Reserve is widely expected to lay out plans to begin tapering its massive bond buying program, as central banks across the world also start withdrawing support extended during the COVID-19 pandemic. Could this lead to higher volatility in the markets? Nikolaj Schmidt, T Rowe Price's Chief International Economist, joined us on Prime Time to preview the Fed's decision, and why the Treasury's own tapering of fiscal spending matters as well.See omnystudio.com/listener for privacy information.
11/2/2021 • 9 minutes, 45 seconds
ST: The Big Story, 2 Nov
In The Straits Times’ The Big Story, multimedia journalist Hairianto Diman spoke to Journalist Timothy Goh about the roles of those running the headquarters of the Home Recovery Task Group at HarbourFront Centre. See omnystudio.com/listener for privacy information.
11/2/2021 • 3 minutes, 53 seconds
Powering Your Property: Knock-on effects of the new Prime Location Public Housing model
On Powering Your Property, Prime Time's Timothy Go speaks to Ku Swee Yong, Chief Investment Officer at Kasa Singapore who shares more details about the recently announced Prime Location Public Housing model and the impact it will have on the future of Singapore’s real estate landscape.See omnystudio.com/listener for privacy information.
11/2/2021 • 10 minutes, 35 seconds
PMIs and Central Bank Decisions to Kick off November
Though China's Caixin PMI figures showed slight expansion, it differed from the official PMI gauge that saw manufacturing on the mainland contract for the second straight month. Shane Oliver, Chief Economist and Head of Investment Strategy, joined us from Sydney to take a health check of China's manufacturing sector, what it will mean for Australia's commodity exports, as well as key decisions from the RBA and the Federal Reserve in coming days.See omnystudio.com/listener for privacy information.
11/1/2021 • 14 minutes, 11 seconds
Update on SG's ICU capacity & WP MP Raeesah Khan referred to Parliament privileges committee
On Prime Time, Timothy Go speaks to Zakir Hussain, Singapore Editor, The Straits Times who shared some of the biggest stories from parliament including; How Singapore intends to tackle the ICU bed crunch, updates on the situation at the Westlite Jalan Tukang dorm and details about Workers' Party MP Raeesah Khan lying in Parliament about details of a sexual assault case.See omnystudio.com/listener for privacy information.
11/1/2021 • 10 minutes, 12 seconds
Could Facebook’s Meta hold the answer to the next hot crypto?
Coming up in the Best of Prime Time, Timothy Go and JP Ong spoke to Joanna Ossinger, Markets Editor, Bloomberg about the latest on cryptocurrency trends, from Squid Game, to Ether and Shiba Inu.See omnystudio.com/listener for privacy information.
11/1/2021 • 9 minutes, 1 second
ST: The Big Story, 1 Nov
In The Straits Times’ The Big Story, Workers’ Party MP Raeesah Khan has admitted to lying in Parliament about details of a sexual assault case that she alleged was mishandled by the police.
Leader of the House Indranee Rajah has raised an official complaint against her for breaching Parliamentary privilege, and asked for the matter to be referred to the Committee of Privileges.
Multimedia Journalist Hairianto Diman spoke to Journalist Rei Kurohi about the role of the committee and the possible outcomes from the investigation.See omnystudio.com/listener for privacy information.
11/1/2021 • 7 minutes, 16 seconds
Forex Fridays: Previewing the Fed's Upcoming Decision
Next week, the Federal Reserve makes its next policy decision, with many expecting the FOMC to lay out plans to taper its massive bond buying program. Peter Chia, Senior FX Strategist for UOB, joined us on Forex Fridays to talk about how the Fed's next actions may shape the USD and the broader FX space, and also look at policy decisions from the Bank of Japan and the European Central Bank in the last days of October.See omnystudio.com/listener for privacy information.
10/31/2021 • 9 minutes, 27 seconds
In The Spotlight: Gold loses some of its sparkle in Q3 2021
Gold lost some of its sparkle in the third quarter - demand fell 7% on year.
The World Gold Council says this drop was almost exclusively driven by ETFs – which swung from very large inflows in Q3 2020 to modest outflows this year.
Jewellery, technology and bar and coin were significantly higher than in 2020.
Prime Time's Rachel Kelly and Timothy Go find out more from Andrew Naylor, Regional CEO of World Gold Council.See omnystudio.com/listener for privacy information.
10/29/2021 • 9 minutes, 7 seconds
ST: The Big Story, 29 Oct
In The Straits Times' The Big Story, Singapore confirmed its first case of the Covid-19 Delta Plus variant yesterday, in an imported case detected on Tuesday.Assistant video editor Olivia Quay spoke to Dr. Leong Hoe Nam, an infectious diseases physician from the Rophi Clinic to find out why this subvariant is expected to be similar - in transmissibility and severity of illness - to the Delta variant that is ravaging the world.Dr. Leong also outlines the conditions for a variant to be classified by the World Health Organization as a variant of concern.See omnystudio.com/listener for privacy information.
10/29/2021 • 5 minutes, 13 seconds
How helpful is HDB's new prime location public housing model?
Future Housing Board flats in certain locations will be subject to tighter buying and selling conditions under a new prime location public housing model.
The model is aimed at keeping future HDB flats in prime, central locations affordable and inclusive.
On SGExtra, hosts Rachel Kelly and Timothy Go spoke to Michelle Ng, Journalist, The Straits Times about the new scheme.See omnystudio.com/listener for privacy information.
10/29/2021 • 7 minutes, 45 seconds
The STI's October Revival with Azure Capital's Terence Wong
From slipping below 3100 in worrisome fashion at the end of September -- the Straits Times Index rallied this month to test 3200 as reopening hopes and individual corporate actions trumped inflation concerns and rising COVID-19 infections in the country. Terence Wong, CEO of Azure Capital, joined us on Prime Time to recap the month that was for Singapore's markets, if inflation is something to really worry about, and if stocks can carry this positive momentum to the end of the year.See omnystudio.com/listener for privacy information.
10/28/2021 • 11 minutes, 22 seconds
Asian Insider: Inside HK (28 Oct)
As the rest of the world is slowly opening its borders, Hong Kong’s quarantine rules are getting even stricter.
In The Spotlight, hosts Rachel Kelly and Timothy Go spoke to Straits Times Correspondent, Claire Huang for the latest from the territory.See omnystudio.com/listener for privacy information.
10/28/2021 • 7 minutes, 18 seconds
ST: The Big Story, 28 Oct
From Monday, all government agencies will accept digital ICs when individuals use or apply for public services in person. For example, it can be used to collect passports and patient registration.Assistant Video Editor Olivia Quay spoke to Mr Tan Chee Hau, the director of the Smart Nation and Digital Government Office's planning and prioritisation directorate to address security concerns about digital ICs.He also shares the Government's plans on getting more private sector companies on board this initiative.See omnystudio.com/listener for privacy information.
10/28/2021 • 3 minutes, 49 seconds
What you need to know about Web 3.0
In Tech Talk, hosts Rachel Kelly and Timothy Go spoke to Pat Patel, the General Manager of Elevandi and Sopnendu Mohanty, Chief Fintech Officer, Monetary Authority of Singapore for a preview of this year's Singapore Fintech Festival and what you need to know about Web 3.0 and what it means for the finance sector. See omnystudio.com/listener for privacy information.
10/28/2021 • 13 minutes, 52 seconds
Across the ASEAN: Searching for Unicorns in Southeast Asia
Credit Suisse released its latest study called ASEAN Unicorns: Scaling New Heights, where they took stock of the landscape for new emerging companies across Southeast Asia with valuations of a billion dollars or more. Varun Ahuja, Credit Suisse's Internet, IT and Telco Analyst, was one of the authors of the study, and joined us on Across the ASEAN to discuss their findings, why things may start to get better for aspiring unicorns in Southeast Asia, and why so many of them call Singapore and Indonesia home.See omnystudio.com/listener for privacy information.
10/27/2021 • 11 minutes, 4 seconds
Eco Money: Reducing SMEs’ Indebtedness & Mitigating the Risk of Bankruptcy with ESG Financing
On Eco Money, Rachel Kelly and Timothy Go spoke to Morgan Terigi, CEO and Co-founder, Incomlend on reducing SMEs’ indebtedness and mitigating the risk of bankruptcy with ESG financing.See omnystudio.com/listener for privacy information.
10/27/2021 • 8 minutes, 29 seconds
ST: The Big Story, 27 Oct
In The Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to Professor Dale Fisher, a senior consultant at the National University Hospital's Division of Infectious Diseases to find out how Singapore can reduce its Covid-19 transmission rate without further tightening of curbs.See omnystudio.com/listener for privacy information.
10/27/2021 • 4 minutes, 26 seconds
SIEW 2021: How Singapore is advancing its energy transition towards a more sustainable future
In Sustainable Singapore, Rhianne Lovell Boland spoke to Professor Subodh Mhaisalkar, Executive Director, Energy Research Institute @ NTU on the latest announcements from SIEW 2021 and Singapore’s energy transition.See omnystudio.com/listener for privacy information.
10/27/2021 • 17 minutes, 39 seconds
Finding Opportunities from the Ground Up with HSBC
Though growing headwinds could make for a shakier end to the year for Asian markets, HSBC's Chief Asia Equity Strategist Herald van der Linde thinks that there are still opportunities -- if you look from the ground up. He joined us on Prime Time to discuss HSBC's outlook on regional markets, and how retail investors can go about looking for these ground up opportunities in an efficient manner.See omnystudio.com/listener for privacy information.
10/26/2021 • 11 minutes, 34 seconds
Powering Your Property: HDB resale prices hit a record high. Will this trend continue?
Housing Board resale flat prices hit a record high in the third quarter and saw the fastest nine-month climb in more than a decade.
In Powering Your Property, Rachel Kelly and Timothy Go spoke to Nicholas Mak, Head of Research & Consultancy, ERA Real Estate to find out if this trend is likely to continue.See omnystudio.com/listener for privacy information.
10/26/2021 • 9 minutes, 33 seconds
ST: The Big Story, 26 Oct
In The Straits Times’ The Big Story, Muis has released official guidance stating that while the tudung is a religious requirement for Muslim women, they may make adjustments to the attire where needed. Assistant Video Editor Olivia Quay spoke to Deputy Mufti at Muis Dr Mohammad Hannan Hassan to find out more. See omnystudio.com/listener for privacy information.
10/26/2021 • 3 minutes, 48 seconds
In The Spotlight: US Senate examines Biden’s ambassador picks to Singapore
In The Spotlight, hosts Rachel Kelly and Timothy Go spoke to Patrick Cronin, Asia-Pacific Security Chair, Hudson Institute about his thoughts on the potential candidate for US ambassador to Singapore and what this would mean for the region.See omnystudio.com/listener for privacy information.
10/26/2021 • 10 minutes, 6 seconds
Back to Basics - Ep 4 - How to start planning for retirement
To young adults, retirement can seem so far away, but a recent AIA Singapore survey found that 54 percent of Singaporeans will be "14 years short" when it comes to the adequacy of their retirement savings. So what is the first step when starting your retirement plan? In this episode of Back to Basics, Rhianne Lovell-Boland speaks to Patsy Khoo, Associate Director of IPP Financial Advisers who shares more on how to build your nest egg. See omnystudio.com/listener for privacy information.
10/26/2021 • 2 minutes, 51 seconds
The Growth of Stablecoins and Potential Market Risks
Stablecoins have seen strong growth in recent times, and with it demand for the underlying assets it uses to back it up. This could lead to growing short-term risks for markets of these underlying assets from precious metals to commercial paper, according to Fitch Ratings. Alastair Sewell and Monsur Hussain, Senior Directors at Fitch, joined us on Prime Time to discuss their report and what risks investors and regulators should track as the adoption of stablecoins rise.See omnystudio.com/listener for privacy information.
10/25/2021 • 10 minutes, 53 seconds
In The Spotlight: Weekahead Headlines
In The Spotlight, hosts Rachel Kelly and Timothy Go spoke to Rich Preston, Senior Journalist and Presenter at the BBC for an update on the headlines he is watching in the week ahead, including an update on the Covid-19 situation in the UK and what to expect from the COP26 in Glasgow.See omnystudio.com/listener for privacy information.
10/25/2021 • 9 minutes, 44 seconds
SGExtra: Latest Covid-19 Updates in Singapore
On SGExtra, Rachel Kelly and Timothy Go spoke to Zakir Hussain, Singapore Editor at The Straits Times to discuss the latest Covid-19 updates from the Multi-Ministry Task Force.See omnystudio.com/listener for privacy information.
10/25/2021 • 9 minutes, 24 seconds
Forex Fridays: Of ASEAN Reopenings, Commodities Strength and Inflation Hedges
OANDA's Senior Market Analyst Jeffrey Halley joined us once more on Forex Fridays to talk about the reopening plays across Southeast Asia, the recent strength in commodities and what it might mean for various currencies. Also, which among gold, the US dollar and bitcoin is the better inflation hedge?See omnystudio.com/listener for privacy information.
10/24/2021 • 13 minutes, 34 seconds
SGExtra: Is there a need to extend safe management measures in Singapore?
On SGExtra, hosts Rachel Kelly and Timothy Go spoke to Salma Khalik, Senior Health Correspondent, The Straits Times about the extension of the Stabilisation phase here in Singapore.See omnystudio.com/listener for privacy information.
10/22/2021 • 10 minutes, 30 seconds
In The Spotlight: Electricity retail situation in Singapore and how diversifying sources will help
Did you know around 95% of Singapore's electricity is generated by burning natural gas?
In The Spotlight, hosts Rachel Kelly and Timothy Go spoke to Fraser Thompson, Chief Strategy Officer, Sun Cable to find out how alternatives such as solar could move the needle.See omnystudio.com/listener for privacy information.
10/22/2021 • 9 minutes, 53 seconds
The State of the Global Semiconductor Crunch
Before the energy shortages in China and the supply chain bottlenecks, the global semiconductor crunch hit many of industries across the world, with chipmakers struggling to meet the resurgent demand, and hitting production schedules of carmakers, smartphone assemblers and many other sectors. Soon Ghee Chua, Senior Partner for Communications, Media and Telecommunications at Kearney, joined us on Prime Time to talk about how we got to this stage, how integrated Singapore is to the global semiconductor supply chain, and how long the crunch may last.See omnystudio.com/listener for privacy information.
10/21/2021 • 11 minutes, 8 seconds
In The Spotlight: Is Asean pressure on Myanmar working?
In The Spotlight, hosts Rachel Kelly and Timothy Go spoke to Dr Gerard McCarthy, Postdoctoral Fellow at Asia Research Institute, National University of Singapore on whether the Asean pressure on Myanmar is working.See omnystudio.com/listener for privacy information.
10/21/2021 • 12 minutes, 7 seconds
Tech Talk: Whatsapp, Messenger security and info sharing
Several outages of the Whatsapp and Messenger chat apps over the past year left us asking - how reliable are they and are they really secure?
In Tech Talk, hosts Rachel Kelly and TImothy Go spoke to Chris Connell, VP Global Sales Network, Managing Director APAC & Japan, Kaspersky on Whatsapp, Messenger security and info sharing.See omnystudio.com/listener for privacy information.
10/21/2021 • 9 minutes, 27 seconds
Across the ASEAN: Will Thailand's Reopening Hopes Boost Markets?
Thailand stands to gain from an economic reopening as the country looks to jumpstart its very important tourism sector. But will this translate into confidence for markets in Bangkok? Maria Lapiz, Managing Director for Maybank Kim Eng, joined us on Across the ASEAN from Bangkok to discuss the current market mood, and the group's new targets for both the Thai SET and the Baht.See omnystudio.com/listener for privacy information.
10/20/2021 • 11 minutes, 10 seconds
Eco Money: COP26 investor preview - 5 things investors need to know
International climate conference COP26 kicks off next week - but some investment firms say investors still need clarity on a number of issues when it comes to tackling the climate crisis. In Eco Money, hosts Rachel Kelly and Timothy Go spoke to Dr. Christopher Kaminker, Head of Sustainable Investment Research, Strategy and Stewardship at Lombard Odier for a COP26 investor preview and 5 things investors need to know.See omnystudio.com/listener for privacy information.
10/20/2021 • 10 minutes, 5 seconds
ST: The Big Story, 20 Oct
In The Straits Times’ The Big Story, about 250 passengers arrived in Singapore yesterday morning, on the first two flights under the expanded quarantine-free travel scheme for travelers vaccinated against Covid-19.
Multimedia journalist Kimberly Jow speaks to one family flying in from Amsterdam.See omnystudio.com/listener for privacy information.
10/20/2021 • 2 minutes, 25 seconds
Sustainable Singapore: Technology’s role in driving sustainability in the fashion industry
The fashion industry is responsible for 10% of annual global carbon emissions, but technology is disrupting this. The Bridge Fashion Incubator programme supports fashion startups to find product solutions through innovative technology, to combat fashion's climate crisis contribution.On Sustainable Singapore, Rhianne Lovell-Boland speaks to Benoit Valin, Senior Programme Director of The Bridge Fashion Incubator who shares more about it.See omnystudio.com/listener for privacy information.
10/20/2021 • 11 minutes, 48 seconds
Back to Basics - Ep 3 - How to buy the right insurance
No matter what age you are, sometimes we all need a helping hand when it comes to our money. That’s why in this series, Rhianne Lovell-Boland speaks to financial experts, who simplify the key issues when it comes to spending and saving.In this episode, Rhianne Lovell-Boland speaks to Vinod Nair, CEO at MoneySmart Group who shares what you need to know when it comes to buying insurance. See omnystudio.com/listener for privacy information.
10/19/2021 • 2 minutes, 37 seconds
In The Spotlight: The mechanics behind VTLs and what’s next for the aviation industry?
In The Spotlight, Rachel Kelly and Timothy Go spoke to Brendan Sobie, Independent Analyst and Consultant, Sobie Aviation about the Vaccinated Travel Lane scheme and the mechanics behind opening up.See omnystudio.com/listener for privacy information.
10/19/2021 • 14 minutes, 5 seconds
The Strong Gains in Indian Stocks This Year
Indian stocks are among the best performers in the world, with the Nifty Index up more than 30% since the start of the year. It's a far cry from 6 months ago, when the Delta variant of COVID-19 threatened the life and livelihoods of more than a billion Indians. Kristy Fong, Senior Investment Director for Asian Equities at abrdn, spoke about the recent strength in both Indian equity markets and the IPO pipeline for the subcontinent's tech sector.See omnystudio.com/listener for privacy information.
10/19/2021 • 14 minutes, 42 seconds
ST: The Big Story, 19 Oct
In The Straits Times' The Big Story, a survey by the Singapore Chinese Chamber of Commerce and Industry found that some 57% of Singapore businesses saw their costs rise in 2021, nearly double the 28.8% who did so last year.Multimedia journalist Hairianto Dirman spoke to President of the Association of Small and Medium Enterprises Kurt Wee to find out more about the survey findings.See omnystudio.com/listener for privacy information.
10/19/2021 • 4 minutes, 30 seconds
Powering Your Property: Singapore's Residential Market Update Q3 2021
In Powering Your Property, hosts Rachel Kelly and Timothy Go spoke to Leonard Tay, Head of Research, Singapore, Knight Frank for insights into what’s happening in Singapore’s private residential market.See omnystudio.com/listener for privacy information.
10/19/2021 • 7 minutes, 49 seconds
The Case for REITs Amidst Rising Rates and Reopening Hopes
The outlook for REITs remains optimistic as the Singapore economy continues to reopen. But does a recovery in battered retail and hospitality REITs necessarily mean a rotation away from previous favorites in the industrial and logistics space? And are REITs vulnerable to a rising yield environment? UOB Kay Hian analyst Jonathan Koh joined us on Prime Time to outline their favorable outlook on Singapore's Real Estate Investment Trusts, as well as a brief look at Singapore's lenders.See omnystudio.com/listener for privacy information.
10/18/2021 • 13 minutes, 28 seconds
ST: The Big Story (18 Oct)
In The Straits Times' The Big Story, a new attraction in Somerset will be developed on a vacant plot of land next to the existing skate park opposite Orchard Gateway.
The authorities are seeking proposals from developers to offer "an attraction concept with differentiated and immersive experiences" for the site, as part of plans announced in 2019 to rejuvenate Orchard Road - Singapore's prime shopping belt.
Kevin Cheong, chairman of the Association of Singapore Attractions, shares more on the type of attraction that will work best for the area.See omnystudio.com/listener for privacy information.
10/18/2021 • 2 minutes, 17 seconds
In The Spotlight: Bloomberg New Economy Forum preview
Building back the global economy post Covid-19, business goals post COP26, and an International Cancer Coalition, these are some of the key issues to be discussed at this year’s Bloomberg New Economy Forum.
In The Spotlight, hosts Rachel Kelly and Timothy Go spoke to Andrew Browne, Editorial Director, Bloomberg New Economy Forum for a ‘Bloomberg New Economy Forum’ preview.
See omnystudio.com/listener for privacy information.
10/18/2021 • 10 minutes, 6 seconds
SGExtra: Seven more nursing homes planned in next two years in estates such as Tampines, Punggol
Singapore is one of the fastest ageing societies, with one-quarter of Singaporeans projected to be 65 and above by 2030.In SGExtra, hosts Rachel Kelly and Timothy Go spoke to Zakir Hussain, Singapore Editor, The Straits Times about plans to increase support for Singapore's aging population.See omnystudio.com/listener for privacy information.
10/18/2021 • 8 minutes, 7 seconds
Forex Fridays: How The MAS' Policy Decision Impacts the Singapore Dollar
The Monetary Authority of Singapore surprised forex markets by tightening some of its policy settings by raising the slope of the Singapore Dollar's nominal effective exchange rate (NEER). But how does that tweak support the local currency? DBS Senior Currency Economist Philip Wee joined us on Forex Fridays to discuss how the MAS' action impacts the Singapore Dollar, and what currency he'd pair the local currency with if he was going long SGD?See omnystudio.com/listener for privacy information.
10/16/2021 • 9 minutes, 30 seconds
In The Spotlight: How financial inclusion through mobile digital banking, can solve the unbanked market in Asia
Southeast Asia is estimated to be home to around 290 million unbanked and underserved people.
In The Spotlight, hosts Rachel Kelly and Timothy Go spoke to Osman Faiz, Chief Information and Operating Officer at AMTD Digital about how digital banks are tapping into this underserved market. See omnystudio.com/listener for privacy information.
10/15/2021 • 10 minutes, 12 seconds
SG Extra: Record $236m disbursed through ComCare
On SGExtra, hosts Rachel Kelly and Timothy Go spoke to Goh Yan Han, Journalist, The Straits Times about the record-breaking sum of $236 million disbursed through ComCare in the financial year 2020 (FY2020) that began on April 1, 2020, and ended on March 31, 2021.See omnystudio.com/listener for privacy information.
10/15/2021 • 8 minutes
The Global Minimum Corporate Tax and What It Means for Singapore
Nations have agreed to a global minimum tax rate based on a two-pillar solution that will see multinationals subjected to a minimum tax levy of 15%. What will this mean for Singapore, and how difficult will it be to implement such an agreement globally? David Sandison, Singapore Practice Leader and Head of Tax at Grant Thornton, joined us on Prime Time to discuss the implications.See omnystudio.com/listener for privacy information.
10/15/2021 • 10 minutes, 26 seconds
Asian Insider: Inside HK (14 Oct)
Inside Hong Kong, hosts Timothy Go and Rachel Kelly spoke to The Straits Times’ correspondent Claire Huang about the latest from territory, including the decision to keep Hong Kong’s borders closed and key takeaways from Chief Executive Carrie Lam's final policy address this term.See omnystudio.com/listener for privacy information.
10/14/2021 • 9 minutes, 49 seconds
Recapping Singapore's Advanced GDP Numbers and the MAS' Policy Statement
Thursday was particularly busy, with Singapore's Advanced 3Q GDP showing growth of 6.5%. But while that came just a tad lower than consensus estimates, the Monetary Authority of Singapore surprisingly tightened policy settings around the Singapore Dollar to head off rising inflationary pressures. Jeff Ng, Senior Treasury Strategist at HL Bank, joined us on Prime Time to discuss Singapore's GDP release and the MAS' decision.See omnystudio.com/listener for privacy information.
10/14/2021 • 11 minutes, 21 seconds
What you need to know about the Singapore Cyber Security Strategy 2021
The Covid-19 pandemic has accelerated our digitised lifestyle.
From digital banking, to online grocery shopping, much of the way we live, work and play happens online.
To do this safely the right cybersecurity measures need to be put in place.
To help tackle this - the Singapore Cyber Security Strategy 2021 was announced.
Prime Time's Rachel Kelly and Timothy Go speak with Mr David Koh, Commissioner of Cybersecurity and Chief Executive of the Cyber Security Agency of Singapore. to find out more.See omnystudio.com/listener for privacy information.
10/14/2021 • 19 minutes, 59 seconds
Across the ASEAN: Assessing the Uptrend in Palm Oil
Palm Oil has seen strong gains, with futures in Malaysia breaching 5,000 Ringgit for the first time ever. How related is this to the recent jump in commodity prices, and how did recent lockdowns in Malaysia hit stockpiles? Sathia Varqa, founder of Palm Oil Analytics, joined us on Across the ASEAN to discuss the outlook for palm oil, the various producers in Malaysia and Indonesia, and if the sector is taking note of ESG trends. See omnystudio.com/listener for privacy information.
10/14/2021 • 11 minutes, 5 seconds
Eco Money: KPMG launches US$1.5 billion programme to accelerate ESG global solutions
On Eco Money, hosts Rachel Kelly and Timothy Go spoke to Ong Pang Thye, Managing Partner, KPMG Singapore about the details of KPMG’s US$1.5 billion ESG plan and what this means for its business and client offerings.See omnystudio.com/listener for privacy information.
10/13/2021 • 12 minutes, 9 seconds
Sustainable Singapore: New study reveals only 4 in 10 organisations have a climate action plan
On Sustainable Singapore, Rhianne Lovell-Boland is joined by Yoon Young KIM, Cluster President, Singapore, Malaysia & Brunei at Schneider Electric who reveals their recent study which has found only 4 in 10 Singapore organisations have a climate action plan in place, and shares more on how to improve this. See omnystudio.com/listener for privacy information.
10/13/2021 • 11 minutes
Western Australian Adventures onboard Dream Cruises
Tourism Western Australia has come up with a way to bring the experience of the Swan Valley and more to Singapore shores.
On Prime Time, hosts Rachel Kelly and Timothy Go spoke to Ava Ang, Country Head for Tourism Western Australia to find out more about an interesting collaboration with Dream Cruises.
See omnystudio.com/listener for privacy information.
10/13/2021 • 7 minutes, 37 seconds
Phillip Securities' STI Outlook and 10 Stocks to Watch
Phillip Securities is keeping the faith with the Straits Times Index, holding on to its forecast for the benchmark to reach 3,400 points. Paul Chew, Head of Research at Phillip Securities, joined us on Prime Time to discuss their rosy outlook, as well as more insight into the 10 stocks they think are worth watching.See omnystudio.com/listener for privacy information.
10/12/2021 • 11 minutes, 14 seconds
In The Spotlight: G20 Summit on Afghanistan
Two months after the Taliban seized control in Afghanistan, an extraordinary meeting of the Group of 20 major economies is taking place later today to discuss the crisis there.
In The Spotlight, Timothy Go spoke to Professor Greg Barton, Chair In Global Islamic Politics, Deakin University on the G20 Summit on Afghanistan.See omnystudio.com/listener for privacy information.
10/12/2021 • 8 minutes, 22 seconds
ST: The Big Story, 12 Oct
In The Straits Times’ The Big Story, in a milestone, Malaysia has fully vaccinated 90 per cent of its adult population, enabling the government to lift interstate and international travel restrictions that have been in place for months.Assistant video editor spoke to Malaysia bureau chief Shannon Teoh for the latest updates from the ground.See omnystudio.com/listener for privacy information.
10/12/2021 • 4 minutes, 24 seconds
Powering Your Property: Is there a possible revival of the en bloc market?
On Powering Your Property, Timothy Go spoke to Ismail Gafoor, CEO, Propnex about a potential revival of en-bloc sales in the property scene since the last residential en bloc sales boom from 2017 to mid 2018 remains fresh in our minds.See omnystudio.com/listener for privacy information.
10/12/2021 • 8 minutes, 54 seconds
Back to Basics - EP 2 - The difference between credit and debit cards & how to use them responsibly
No matter what age you are, sometimes we all need a helping hand when it comes to spending and saving our money. That’s why in this series, Rhianne Lovell-Boland speaks to financial experts, who take it 'Back to Basics'. In this episode, Timothy Ho, Managing Editor & Co-Founder, Dollars and Sense shares the difference between credit and debit cards and how to use them responsibly.See omnystudio.com/listener for privacy information.
10/12/2021 • 2 minutes, 18 seconds
In The Spotlight: Banksy, energy prices & aid funding for Afghanistan
In The Spotlight, Rachel Kelly and Timothy Go spoke to Audrey Tinline, Senior Journalist, BBC on Banksy, energy prices and other big international headlines she will be tracking in the week ahead.See omnystudio.com/listener for privacy information.
10/11/2021 • 9 minutes, 16 seconds
ST: The Big Story, 11 Oct
In The Straits Times The Big Story, assistant video editor Olivia Quay spoke to Transport Minister S. Iswaran about the expansion of the Vaccinated Travel Lane scheme to include more countries. He also talks about how it will help boost Singapore's aviation and tourism industries.See omnystudio.com/listener for privacy information.
10/11/2021 • 7 minutes, 53 seconds
A Temperature Check of Greater Chinese Markets
From regulatory crackdowns, property developer risks, and a possible power crisis, Greater Chinese markets had much to worry about in the last few months. But with solid gains for the Hang Seng Index this Monday, is the worst over? Kenny Wen, Wealth Management Strategist at Everbright SHK, joined us on Prime Time from Hong Kong to discuss his updated outlook on markets on the Mainland and Hong Kong.See omnystudio.com/listener for privacy information.
10/11/2021 • 10 minutes, 53 seconds
What to consider before you plan your next trip?
Excitement can be felt in the air and online when Singapore announced opening up to new destinations just in time for the year end holiday season.
But before you book your tickets, what should you be considering before you plan your next trip?
On Prime Time, hosts Rachel Kelly and Timothy Go spoke with Lavinia Rajaram, Head of Communications at Expedia to discuss all the possibilities for travel and some tips on how to plan ahead.See omnystudio.com/listener for privacy information.
10/11/2021 • 12 minutes, 16 seconds
SGExtra: What you need to know about PM Lee's address & local Covid-19 measures
Prime Minister Lee Hsien Loong said a zero-Covid-19 strategy is no longer feasible given how infectious the Delta variant is, as he set out the country’s situation and what has changed.
Meanwhile, the multi-ministry task force handling Covid-19 here announced simplified health protocols, updates to the home recovery program and a further reopening of borders.
In SGExtra, hosts Rachel Kelly and Timothy Go spoke to Zakir Hussain, Singapore Editor, The Straits Times to unpack the latest Covid-19 developments here in Singapore.
See omnystudio.com/listener for privacy information.
10/11/2021 • 8 minutes, 36 seconds
Forex Fridays: How Crucial Is Monetary Policy for the FX Markets?
Though the Reserve Bank of New Zealand hiked policy rates and hinted at tighter policy in the future, the NZD still softened somewhat last week. The same could be said for the Korean Won, despite the growing belief that the Bank of Korea might hike rates next week. Henry Quek, APAC Head of Foreign Exchange Sales, Trading, and Research at State Street Global Markets, joined us on Forex Fridays to look at the waning relation between monetary policy, rates and currencies, as well as preview the MAS' upcoming policy statement.See omnystudio.com/listener for privacy information.
10/10/2021 • 10 minutes, 57 seconds
In The Spotlight: Re-imagining 100, a three part-study on how the COVID-19 pandemic has affected people’s wellbeing and their preparedness for retirement
According to findings from Prudential Singapore’s study, “Re-imagining 100: The pandemic’s impact on longevity”, one in two Singaporeans (51 percent) aged between 35 and 54 have experienced a deterioration in their financial wellbeing since the onset of the pandemic.
This number is higher than the younger (40 per cent) and older (45 per cent) age groups.
In The Spotlight, hosts Rachel Kelly and Shehzad Haque find out why from Goh Theng Kiat, Chief Customer Officer, Prudential Singapore. See omnystudio.com/listener for privacy information.
10/8/2021 • 11 minutes, 35 seconds
The 4th Quarter Market Outlook According to RHB
Markets face a wall of worry in the fourth quarter, ranging from inflationary concerns, debt ceiling issues in the US, rising yields and persistent COVID-19 issues. Can the Straits Times Index also mount a sustainable challenge of 3100 after struggling below this level for most of September? Shekhar Jaiswal, Head of Equity Research at RHB, joined us on Prime Time to share the bank's outlook for the last 3 months of 2021.See omnystudio.com/listener for privacy information.
10/7/2021 • 11 minutes, 41 seconds
In The Spotlight: Building a resilient economy post pandemic - Special Ministerial Conference for ASEAN
What does it take to build a resilient economy post Covid-19? In The Spotlight, Rachel Kelly finds out from a Special Ministerial Conference for ASEAN with thoughts from Toshinori Doi, Director, ASEAN+3 Macroeconomic Research Office, Lim Chow Kiat, Chief Executive Officer, GIC and Desmond Kuek, Divisional Vice Chairman, Head of Sustainable Finance APAC and Global head of the UBS Group Sustainable Finance Committee.See omnystudio.com/listener for privacy information.
10/7/2021 • 9 minutes, 26 seconds
ST: The Big Story, 7 Oct
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Senior education correspondent Sandra Davie about the cancellation of year-end examinations for Primary 3 and 4 pupils, in an unprecedented move by the Education Ministry amid rising Covid-19 infections in the community. See omnystudio.com/listener for privacy information.
10/7/2021 • 5 minutes, 32 seconds
SGExtra: Digital transformation and enterprise cloud technology
On SGExtra's Tech Talk, hosts Rachel Kelly and Shehzad Haque spoke to Verena Siow, President & Managing Director, SAP Southeast Asia about how Southeast Asian businesses are faring in the move to go digital.See omnystudio.com/listener for privacy information.
10/7/2021 • 12 minutes
Sustainable Singapore: Greenery That Defies Gravity
Singapore is known as the Garden City, and the push to go green has been extending upwards. Vertical greenery is seen as one of the drivers of nature based solutions for the built environment. So what is being done to increase greenery here?On Sustainable Singapore, Rhianne Lovell-Boland speaks to Kay Pungkothai, Director of Community Gardening, Community Horticulture & Skyrise Greenery, National Park Board who shares more on the benefits of vertical greenery and what is being done to encourage it. See omnystudio.com/listener for privacy information.
10/6/2021 • 10 minutes, 51 seconds
Across the ASEAN: Vietnam's Bumpy End to the Year
DBS has lowered their outlook for Vietnam's economy -- expecting it to grow by just 1.8% for the year. On Across the ASEAN, Chua Han Teng, DBS economist, spoke to us about their revised outlook on the Vietnamese economy, what part COVID-related lockdowns played in the downturn, and the road ahead for the country.See omnystudio.com/listener for privacy information.
10/6/2021 • 13 minutes, 56 seconds
Eco Money: WWF-Singapore and ASFI Partners Launch Sustainable Finance Academy.
WWF Singapore may be known for its conservation efforts, but it has now launched the Asia Sustainable Finance Initiative Academy to help finance professionals keep up with changes happening in the sustainable finance space.
On Eco Money, host Rachel Kelly spoke to R Ragunathan, CEO of WWF Singapore to find out more.See omnystudio.com/listener for privacy information.
10/6/2021 • 10 minutes, 52 seconds
ST: The Big Story, 6 Oct
In The Straits Times’ The Big Story, Singapore has inked a supply and purchase agreement for an antiviral pill to treat Covid-19 that is said to be effective against all known variants of the virus, including the Delta variant.Multimedia journalist Hairianto Dirman spoke to Dr Leong Hoe Nam, an infectious diseases specialist from the Rophi Clinic at Mount Elizabeth Novena about antiviral drug treatments.See omnystudio.com/listener for privacy information.
10/6/2021 • 4 minutes, 46 seconds
In The Spotlight: Revelations from the Pandora Papers & what's next
In the biggest leak of offshore data, The Pandora Papers have unveiled how the global elite hide their wealth in a secretive system.12 million financial files were obtained by the International Consortium of Investigative Journalists, from companies hired by wealthy clients to create offshore structures and trusts in tax havens.
But what does this mean and what happens next? In The Spotlight, hosts Timothy Go and Rach Kelly spoke to Andrew Delios, Vice Dean, MSc Programmes, Department of Strategy & Policy, NUS Business School to find out more.See omnystudio.com/listener for privacy information.
10/5/2021 • 8 minutes, 20 seconds
What's Next for the Independent Reserve and the Digital Currency Landscape?
Last Friday, Australian cryptocurrency exchange the Independent Reserve garnered one of 2 licenses from the SGX to offer digital currency services in Singapore. Raks Sondhi, Managing Director for Independent Reserve in Singapore, joined us on Prime Time to talk about what went into the process of garnering these licenses, how the firm addressed concerns regarding possible money laundering and hacking concerns, as well as the road ahead for cryptocurrencies in the region.See omnystudio.com/listener for privacy information.
10/5/2021 • 11 minutes, 24 seconds
What to look out for when buying a property abroad?
On SGExtra's Powering Your Property, hosts Timothy Go and Rachel Kelly spoke to James Puddle, Founder and CEO One Global Property Services about what’s happening in the regional property markets and what to look out for when buying a property abroad.See omnystudio.com/listener for privacy information.
10/5/2021 • 7 minutes, 9 seconds
ST: The Big Story, 5 Oct
In The Straits Times’ The Big Story, public hospitals here are using spaces set up with tents or other temporary structures to deal with the continuing flood of Covid-19 patients.
Meanwhile, several private clinics here have been seeing a demand for Sinovac and Sinopharm vaccines as booster shots.
Multimedia Journalist Hairianto Dirman spoke to Dr. Alvin Neo, who is the head of clinical projects at Northeast Medical Group to find out more. See omnystudio.com/listener for privacy information.
10/5/2021 • 4 minutes, 57 seconds
Back to Basics - Episode 1 - How to Start Investing
No matter what age you are, sometimes we all need a helping hand when it comes to spending and saving our money. That’s why in this brand new series, Rhianne Lovell-Boland speaks to financial experts, who take it 'Back to Basics'. In Episode 1, Timothy Ho, Managing Editor & Co-Founder, Dollars and Sense shares the basics of how to start investing.See omnystudio.com/listener for privacy information.
10/5/2021 • 2 minutes, 56 seconds
The Global Energy Shortage and Why it Matters
Investors are taking notice of a shortage in natural gas that's hitting both China and Europe, pitting both regions against each other in a race to secure supplies before the winter months. ING's Head of Commodities Strategy Warren Patterson joined us on Prime Time to explain how we got here and what risks it poses for the global economy. He also touched on a similar shortage in coal and what he's looking out for ahead of OPEC 's upcoming ministerial meeting.See omnystudio.com/listener for privacy information.
10/4/2021 • 11 minutes, 53 seconds
SGExtra: Parliamentary debate on the proposed Foreign Interference (Countermeasures) Act
In SGExtra, hosts Rachel Kelly and Shehzad Haque speak to Zakir Hussain, Singapore Editor, The Straits Times on the latest developments out of Parliament today.
A petition to seek further consultation and scrutiny on a proposed law against foreign interference will not delay the debate on the law, after Parliament voted to discuss both the petition and the law at the same time.See omnystudio.com/listener for privacy information.
10/4/2021 • 8 minutes, 55 seconds
Singapore’s million and billion dollar property trends amid the pandemic
In The Spotlight, hosts Rachel Kelly and Shehzad Haque spoke to Faris Mokhtar, Journalist, Bloomberg on billion dollar property deals in Singapore and why property prices here have continued to rise. See omnystudio.com/listener for privacy information.
10/4/2021 • 11 minutes, 54 seconds
Forex Fridays: Setting Up the 4th Quarter for Forex Markets
Heading into the 4th quarter, investors are becoming concerned about a Chinese economic slowdown, with power shortages the latest worry. But will this matter for a Chinese Yuan that's been fairly steady throughout all the uncertainty? Khoon Goh, Head of Asia Research at ANZ, joined us on Forex Fridays to talk about how this may play out for currencies heading into the last 3 months of the year, along with his outlooks for the Australian Dollar and the Singapore Dollar, ahead of key policy decisions for both.See omnystudio.com/listener for privacy information.
10/3/2021 • 9 minutes, 49 seconds
In The Spotlight: RHB goes digital with new offering in Singapore
In The Spotlight, host Timothy Go speaks to Coreen Kwan, Head of Retail Banking, RHB about RHB Singapore’s new Orchard Premier Centre and how the bank is reshaping new digital offerings.See omnystudio.com/listener for privacy information.
10/1/2021 • 5 minutes, 52 seconds
SGExtra: New office set up to accelerate Singapore's green bond efforts
Finance Minister Lawrence Wong said on Thursday that a new office has been set up to speed up the Government's efforts in the area of green bonds.
Mr Wong announced this during his opening address at the Singapore Sustainable Investing and Financing Conference.
On SGExtra, host Timothy Go spoke to Prisca Ang, Journalist at The Straits Times to find out more.See omnystudio.com/listener for privacy information.
10/1/2021 • 8 minutes, 5 seconds
Assessing a Potential Wall of Worry in the 4th Quarter
More risks and jitters built up for markets by the end of September, leading to some wondering if investors should brace themselves for a "Wall of Worry" in the 4th quarter. Shyam Devani, founder of SAV Markets, joined us on Prime Time to take stock of possible risks from rising interest rates, a potential power shortage across major global economies, and what he's tracking in the equities, fixed income, and FX space.See omnystudio.com/listener for privacy information.
10/1/2021 • 10 minutes, 46 seconds
ST: The Big Story, 30 Sep
In The Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to Professor Ooi Eng Eong, from the infectious diseases programme at Duke-NUS Medical School on why he believes that the closure of premises with clusters is "not necessary".
He also tells The Big Story that Singapore needs to let go of its past success with Covid-19 in order to move forward to living with an endemic disease.See omnystudio.com/listener for privacy information.
9/30/2021 • 7 minutes, 57 seconds
Japan’s ruling party chooses new leader to replace Suga
Japan’s ruling LDP party chose the former Foreign Minister Fumio Kishida as their new leader, virtually ensuring that he will become the country’s next prime minister. Prime Time's Rachel Kelly speaks to Stefan Angrick, Senior Economist at Moody’s Analytics who shares what this change in leadership means for Japan and its economy.See omnystudio.com/listener for privacy information.
9/30/2021 • 8 minutes, 17 seconds
SGExtra: Uncovering Singapore’s triad trails
Would you go on a tour with ex-gang members in Singapore to find out more about their past and story? Well, one local company has started up a ‘Triad Tour’ to help shine a spotlight on ex-offender reform.
In SGExtra, host Rachel Kelly spoke to the tours founder, Melvyn Mak, Co-Founder of Actxplorer, to find out more. See omnystudio.com/listener for privacy information.
9/30/2021 • 9 minutes, 32 seconds
ST: The Big Story, 29 Sep
In The Straits Times’ The Big Story, Assistant Video Editor Olivia Quay spoke to Professor Dale Fisher, a senior infectious diseases consultant at NUH to assess Singapore's current Covid-19 situation as well as the current restrictions in place to bring down the infection numbers.See omnystudio.com/listener for privacy information.
9/29/2021 • 5 minutes, 4 seconds
Eco Money: Asean faces $2.7 trillion challenge and opportunity to go green & stay competitive:
Management consultancy Bain & Company, Microsoft and Singapore's Temasek said in a report that South-east Asia has taken the first key steps to shifting to a greener and cleaner economy but it needs S$2.7 trillion of investment this decade to cut emissions and remain competitive globally.
In The Spotlight, hosts Timothy Go and Rachel Kelly speak to Gerry Mattios, Expert Partner and co-director, Global Sustainability Innovation Center (GSIC) in Singapore, Bain & Company and Frederick Teo, Managing Director, Sustainable Solutions, Temasek about the recently released Southeast Asia Green Economy Report. See omnystudio.com/listener for privacy information.
9/29/2021 • 11 minutes, 31 seconds
Across the ASEAN: Will the PSEi See Better Days in the 4th Quarter?
The PSEi in Manila defied the broader selloff across the Asia-Pacific and closed out Wednesday with gains. And while sentiment may be improving, there are still lingering COVID-19 uncertainties clouding the Philippines' efforts to reopen, and low vaccination rates still weighing on sentiment. Jonathan Ravelas, Chief Market Strategist for BDO, joined us on Across the ASEAN to share his thoughts on what's next for Philippine markets, and the key risks he's watching out for.See omnystudio.com/listener for privacy information.
9/29/2021 • 14 minutes, 1 second
Sustainable Singapore: The importance of providing greener solutions in the construction industry
When you think of the construction industry, AI doesn’t naturally spring to mind, but concrete intelligence startup Caidio is using the technology to improve the quality of concrete, which is one of the largest carbon emitters. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Aku Wilenius, CEO of AI and IoT startup, Caidio who shares how technology is helping the construction industry become more sustainable. See omnystudio.com/listener for privacy information.
9/29/2021 • 10 minutes, 9 seconds
The Month of September for Singapore Markets
The Straits Times Index finally fell below that 3100 level, with risks coming from rising COVID-19 infections, uncertainties about China's economic slowdown, and the possibility of monetary policy tightening in the future. Azure Capital's CEO Terence Wong though doesn't think we should be too pessimistic over the recent turbulence. He spoke to us on Prime Time to discuss why he's keeping his chin up.See omnystudio.com/listener for privacy information.
9/28/2021 • 9 minutes, 54 seconds
Germany Election - What are the paths to power in coalition talks?
With no clear winner after Germans took to the polls to choose their new chancellor to replace Angela Merkel, coalition talks are now expected to last months. Prime Time's Timothy Go and Rachel Kelly speak to Emily Mansfield, Principal Economist, Europe, Economist Intelligence Unit who shares her analysis on who Germany's next Chancellor might be, and their path to power.See omnystudio.com/listener for privacy information.
9/28/2021 • 12 minutes, 1 second
Marina View site attracts sole bid & the construction industry's impact on housing
On Powering Your Property, hosts Timothy Go and Rachel Kelly spoke to Nicholas Mak, Head of Research & Consultancy at ERA Real Estate about the latest in property sector news and updates.
Market watchers were mostly surprised with the outcome of last week's tender closing for a white site along Marina View, which drew just one bid at tender.
Meanwhile, contractors in Singapore could face yet another hurdle next month, after the temporary relief period protecting them from claims and other legal proceedings expires.
See omnystudio.com/listener for privacy information.
9/28/2021 • 11 minutes, 16 seconds
ST: The Big Story, 28Sep
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Associate Professor Walter Theseira, from the Singapore University of Social Sciences, about the dips in Singapore’s population numbers and their repercussions.See omnystudio.com/listener for privacy information.
9/28/2021 • 5 minutes
SGExtra: The latest from Singapore's Covid-19 situation
On SGExtra, hosts Rachel Kelly and Timothy Go catch up with Zakir Hussain, Singapore Editor at The Straits Times for the latest on the Covid-19 situation in Singapore.
With local Covid-19 cases climbing, the authorities have tightened restrictions to prevent daily infections from rising at the current rate.
Meanwhile, on Sunday, Singapore reported a record 1,939 new Covid-19 cases, marking the sixth consecutive day new infections have exceeded the 1,000 mark.See omnystudio.com/listener for privacy information.
9/27/2021 • 8 minutes, 45 seconds
In The Spotlight: Covid-19 Booster Shots, Climate Change & Google Hits Back at EU
In The Spotlight, hosts Rachel Kelly and Timothy Go catch up with Audrey Tinline, Senior Journalist, BBC on the headlines she’s tracking in the week ahead, including Covid-19 booster shots, the COP26 summit and the battle between US tech giant Google and the European Union.See omnystudio.com/listener for privacy information.
9/27/2021 • 10 minutes, 26 seconds
ST: The Big Story, 27 Sep
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to senior political correspondent Grace Ho about the findings from a survey commissioned by The Straits Times and conducted by market research firm Milieu Insight.
The survey found that people in Singapore are more concerned about getting Covid-19 as cases continue to climb.See omnystudio.com/listener for privacy information.
9/27/2021 • 7 minutes, 9 seconds
Why China Evergrande's Woes Aren't Similar to Lehman Bros' Collapse
Worries over China Evergrande's current problems linger, but concerns over it potentially triggering broader regional risks have subsided. Noli De Pala, Chief Investment Officer for Trilake Partners, joined us on Prime Time to discuss the gravity of Evergrande's missed bond payments, and why the developer's issues aren't worrying him as much as Lehman Brothers' collapse around 13 years ago. He also offers his outlook on markets in the 4th quarter, and what he makes of the growing rockiness in markets. See omnystudio.com/listener for privacy information.
9/27/2021 • 12 minutes, 17 seconds
Forex Fridays: Tightening Monetary Policy and China Risks
It was a busy week with a number of major central banks like the US Federal Reserve and the Bank of England making policy decisions, with hints of tighter support in the future. Meanwhile, property risks and fears of broader contagion in Mainland China raised more worries for broader markets. Peter Chia, UOB's Senior FX Strategist, joined us on Forex Fridays to recap the month that was, and what growing market jitters may mean for the FX space.See omnystudio.com/listener for privacy information.
9/26/2021 • 14 minutes, 59 seconds
In The Spotlight: How are businesses that SBF works coping with Covid-19 pressures?
It’s been almost 2 years since Covid-19 hit Singapore shores. Organizations large and small are still adjusting and in some cases downsizing as a result of the current environment.
In The Spotlight, hosts Timothy Go and Rachel Kelly speak to Lam Yi Young, Chief Executive Officer, SBF on how are businesses that SBF works with are coping and adapting to continued Covid-19 pressures.See omnystudio.com/listener for privacy information.
9/24/2021 • 12 minutes, 26 seconds
SGExtra: StarHub to buy majority stake in MyRepublic's Singapore broadband business
Local telco StarHub will be buying a majority 50.1 per cent stake in rival Internet service provider MyRepublic’s broadband business for residential and enterprise customers in Singapore. For now, the deal is worth $70.8 million.
On SGExtra, hosts Timothy Go and Rachel Kelly spoke to Kenny Chee, Senior Tech Correspondent at The Straits Times to find out what this means for consumers and Singapore’s broadband market.See omnystudio.com/listener for privacy information.
9/24/2021 • 7 minutes, 31 seconds
The importance of employee and employer reputation in a post Covid-19 world
On Prime Time, hosts Timothy Go and Rachel Kelly speak to Jaya Dass, Managing Director for Singapore and Malaysia, Randstad about social media profiles for employees and employers. See omnystudio.com/listener for privacy information.
9/24/2021 • 12 minutes, 9 seconds
Assessing the Fed's Path to Policy Tightening and Broader China Risks
The Federal Reserve confirmed that tapering of its hefty bond buying program may begin soon, with economists now expecting for it to start before the end of the year. Meanwhile, expectations of a rate hike are getting pulled slightly forward -- with some officials expecting one before the end of next year. Jeff Ng, Senior Treasury Strategist at HL Bank -- joined us on Prime Time to talk about the Fed's recent policy decision, and how growing worries about Chinese risks may be informing their rate strategy.See omnystudio.com/listener for privacy information.
9/24/2021 • 11 minutes, 36 seconds
Asian Insider: Inside HK (23 Sep)
Inside Hong Kong, hosts Timothy Go and Rachel Kelly spoke to The Straits Times’ correspondent Claire Huang about the latest from territory, including the Election Committee elections and the widening scope of the National Security Law.See omnystudio.com/listener for privacy information.
9/23/2021 • 9 minutes, 58 seconds
ST: The Big Story, 23 Sep
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Professor Dale Fisher, a senior consultant at NUH's Division of Infectious Diseases about Singapore's current Covid-19 situation and weighs in on whether tighter restrictions are needed.See omnystudio.com/listener for privacy information.
9/23/2021 • 6 minutes, 30 seconds
Tech Talk: Social media limits in China & life without passwords
China moves to limit social media, gaming as teens get more addicted and mental health is impacted.
Could you limit yourself to 40 minutes of social media a day?
In Tech Talk, hosts Timothy Go and Rachel Kelly spoke to Tech360.tv’s Senior Producer, Soon Kai Hong about social media limits in China as well as Microsoft's accounts no longer needing a password.See omnystudio.com/listener for privacy information.
9/23/2021 • 11 minutes, 55 seconds
ST: The Big Story, 22 Sep
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Dr Leong Hoe Nam, an infectious diseases specialist from the Rophi Clinic at Mount Elizabeth Novena on the Covid-19 developments in Singapore.See omnystudio.com/listener for privacy information.
9/22/2021 • 5 minutes, 38 seconds
Eco Money: Unlocking capital for sustainability 2021 - Scaling sustainable finance for a green recovery
Prime Time hosts Timothy Go and Rachel Kelly spoke to Jessica Cheam, Founder and Managing Director of Eco-Business about a new sustainability innovation platform to help businesses plug gaps when it comes to sustainability. See omnystudio.com/listener for privacy information.
9/22/2021 • 7 minutes, 54 seconds
Across the ASEAN: Of Reopenings, Market Corrections, and Thai Markets
Arguably no one in Southeast Asia stands to benefit from an economic reopening than Thailand -- which has seen its important tourism and manufacturing sectors battered by prolonged COVID lockdowns in recent months. But how has this hit market sentiment there? Andrew Stotz, the founder and CEO of A Stotz Investment Research, joined us from Bangkok to provide a firsthand account of the state of Thai markets, if a reopening can help sooth sentiment, and risks he's monitoring from a potential tumble in US markets.See omnystudio.com/listener for privacy information.
It's estimated that 99 percent of Singapore’s chickens lay eggs in cages. Multinational consulting firm Global Food Partners have launched two courses to enable hospitality and food companies, as well as farmers to transition to cage free eggs. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Elissa Lane, Co-founder and chief executive officer at Global Food Partners who shares more about the issue and how they are addressing it. See omnystudio.com/listener for privacy information.
9/22/2021 • 11 minutes, 46 seconds
Canada elections - PM Trudeau stays in power, but misses majority mark
Canadian Prime Minister Justin Trudeau claimed victory in the Canada election but fell short in his bid to form majority government. On Prime Time, Timothy Go and Rachel Kelly spoke to Sébastien Dallaire, Senior Vice President, Ipsos Canada who shared what were the key issues for Canadians, and with the result little different from the last vote in 2019, whether the election was worth it. See omnystudio.com/listener for privacy information.
9/21/2021 • 13 minutes, 53 seconds
Should Singaporeans pay more for a sustainable home?
A PropertyGuru Consumer Sentiment Study has also revealed that 82% of Singaporeans are willing to consider paying more for a sustainable home.
In Powering Your Property, hosts Timothy Go and Rachel Kelly spoke to Vivek Kumar, Vice President Of Products, PropertyGuru Group to find out if there really is an appetite for green homes and sustainable living in Singapore.See omnystudio.com/listener for privacy information.
9/21/2021 • 8 minutes, 35 seconds
What's at Stake at the Federal Reserve's Upcoming Policy Decision
The Federal Reserve holds its next policy decision later this week -- with some expecting policymakers to lay out a roadmap for tapering its bond buying program. It's gotten fairly busy out in the US though - -with inflationary pressures complicating the Fed's next decision and stirring the discussion on when rate hikes should start. Thomas Costerg, Pictet Wealth Management's Senior US Economist, joined us on Prime Time to talk about what he's expecting from the Fed's next decision, and if there are any risks should the US fail to raise its debt ceiling in the coming weeks.See omnystudio.com/listener for privacy information.
9/21/2021 • 11 minutes, 20 seconds
In The Spotlight: Singapore, Temasek launch S$1.5 billion fund to boost market
Singapore is looking to set up a S$1.5 billion fund backed by state investment firm Temasek Holdings to bolster its stock market and boost activity and trading volume.
In The Spotlight, hosts Timothy Go and Rachel Kelly put Singapore’s market in the spotlight and discuss SPACS, strategic partnerships and grants for firms to list here with Ishika Mookerjee, Asia Markets Reporter at Bloomberg.
See omnystudio.com/listener for privacy information.
9/20/2021 • 6 minutes, 7 seconds
SGExtra: Over 1,000 new Covid-19 cases for two straight days. What next?
More than 1,000 new Covid-19 infections were reported in Singapore for the second day in a row on Sunday.
There were a total of 1,012 new Covid-19 cases, the highest daily number since April 23 last year when there were 1,037 new cases.
In SGExtra, host Timothy Go and Rachel Kelly speak to Zakir Hussain, Singapore Editor, The Straits Times to find out more on the Covid-19 situation here.See omnystudio.com/listener for privacy information.
9/20/2021 • 8 minutes, 17 seconds
ST: The Big Story, 20 Sep
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Dr Tan Teck Jack, CEO of Northeast Medical Group about Covid-19 self-test kits - and under what circumstances, and how frequent, should you self-test.See omnystudio.com/listener for privacy information.
9/20/2021 • 4 minutes, 48 seconds
Assessing Risks in the Fixed Income Space
From possible deleveraging and regulatory risks in China to tighter policy from the Federal Reserve, market sentiment has become more challenged in recent times, posing new challenges for bond investors. Eastspring Investments Fixed Income Portfolio Manager Goh Rong Ren joined us on Prime Time to discuss how these potential risks are informing their strategy, what risks he's tracking, and if it's impacted growing ESG investing trends in Mainland China.See omnystudio.com/listener for privacy information.
9/20/2021 • 11 minutes, 40 seconds
Forex Fridays: Fed Decisions, China Slowdowns and ASEAN Reopenings
A big week ahead for monetary policy decisions, with the Federal Reserve leading the charge. Closer to home, China showed more signs of the economic rebound slowing down, while various parts of Southeast Asia begin reopening despite continued COVID-19 uncertainties. Han Tan, Chief Market Analyst for Exinity, joined us on Forex Fridays what this might all mean for the broader Forex markets.See omnystudio.com/listener for privacy information.
9/19/2021 • 11 minutes, 38 seconds
In The Spotlight: Board diversity here in Singapore
In The Spotlight, Rachel Kelly and Timothy Go spoke to Alvin Chiang, Consultant at Russell Reynolds Associates about board diversity here in Singapore, and what companies need to do to navigate diversity and compliance. See omnystudio.com/listener for privacy information.
9/17/2021 • 7 minutes, 49 seconds
Analysis on Malaysia’s historic bipartisan deal
Malaysia is not expected to go to the polls for at least another year, under a historic bipartisan deal signed between the government and main opposition bloc Pakatan Harapan on Monday that paves the way for political stability and institutional reforms.
In The Spotlight, Rachel Kelly and Timothy Go spoke to Adib Zalkapli, Director, BowerGroupAsia for an analysis on these developments.See omnystudio.com/listener for privacy information.
9/16/2021 • 6 minutes, 12 seconds
The Power of Digitalisation in Driving Transformation in Social Services
Today, the social services sector is faced with growing demand and greater complexity in providing social services, increasingly tech-savvy service users, and a lack of access to technology for those in need of most support.
But what exactly would the digitalisation of the social service sector look like? And where are we now on this journey?
On SGExtra, Rachel Kelly and Timothy Go speak with Pua Chieh Sze, Director and Principal Consultant of Customer Capital Consulting and Bruce Liew, Director of Sector Digitalisation and Transformation at the National Council of Social Service about how the social services sector is digitalising to make the delivery of social services more efficient.See omnystudio.com/listener for privacy information.
9/16/2021 • 8 minutes, 54 seconds
Broader China Property Risks and Contagion Probabilities
Brock Silvers, CIO of Kaiyuan Capital, joined on us Prime Time discuss the ongoing troubles of China Evergrande Group and the broader Chinese real estate sector. In an extensive interview, Mr Silvers discussed what a potential collapse of Evergrande may mean for broader Chinese and Asian market stability, if regulators on the Mainland can stay on top of things, and what he thought of Blackstone's failed bid for SOHO China.See omnystudio.com/listener for privacy information.
9/16/2021 • 12 minutes, 55 seconds
Eco Money: Investment opportunities in the greening of Asia’s transport industry
As governments across the globe rollout incentives to green transportation, an abundance of organizations are looking to jump on the eco train.
So how can investors tell where to look for the right opportunities?
In The Spotlight, Rachel Kelly and Timothy Go spoke to Robert Carnell, Regional Head of Research, Asia-Pacific at ING about investment opportunities on the back of the greening of Asia’s transport industry.See omnystudio.com/listener for privacy information.
9/15/2021 • 7 minutes, 28 seconds
ST: The Big Story, 15 Sep
In The Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to OCBC Bank’s chief economist Selena Ling about the Ministry of Manpower's second-quarter labour market report which shows that job vacancies in Singapore hit a record high of 92,100 in June.See omnystudio.com/listener for privacy information.
9/15/2021 • 5 minutes, 21 seconds
Across the ASEAN: Is Growing Optimism for ASEAN Markets Warranted?
JP Morgan is optimistic on the prospects of ASEAN markets as economies across the region begin to gradually reopen. But with COVID-19 uncertainties still lingering, are Southeast Asian economies ready to reopen? Rajiv Batra, JP Morgan's Chief Southeast Asia Equity Strategist, joined us on Across the ASEAN to talk about their growing optimism for Southeast Asian markets, and also to address the Straits Times Index's recent losses.See omnystudio.com/listener for privacy information.
9/15/2021 • 11 minutes, 52 seconds
Sustainable Singapore: How ‘virtual universes’ technology can enable organisations to imagine sustainable innovations
Innovation software company, Dassault Systèmes is aiming to create a more sustainable world through their 'virtual universes' technology. It enables companies to simulate and evaluate products before the manufacturing process. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Alice Steenland, Chief Sustainability Officer at Dassault Systèmes who shares more on how this is allowing for more green innovation.See omnystudio.com/listener for privacy information.
9/15/2021 • 12 minutes, 6 seconds
Evergrande Contagion Risks and Lessons from the Asian Financial Crisis
Could China Evergrande's growing financial woes and default risks spread across broader Asian markets similar to the Asian Financial Crisis almost 25 years ago? Ravi Velloor, Straits Times Associate Editor, brought up the case of South Korea's Hanbo Steel in the recent Asia Insider podcast, and how it helped catalyze the events of the late '90s. He joined us on Prime Time to discuss the similarities and differences between China Evergrande and Hanbo, if Singapore and broader Asian economies are at risk of a potential Evergrande collapse, and other potential risks.See omnystudio.com/listener for privacy information.
9/14/2021 • 14 minutes, 16 seconds
How will President Biden's vaccine mandate impact US workers?
President Biden announced new vaccine mandates which apply to more than 100 million workers, to spur more to get the Covid-19 shot. On Prime Time, Timothy Go and Rachel Kelly speak to Eugene Tan, Associate Professor of Law, Singapore Management University who shares more on how this will impact US workers, gives his analysis on the US' vaccine diplomacy, and how new data might effect Biden's booster shot plan. See omnystudio.com/listener for privacy information.
9/14/2021 • 14 minutes, 39 seconds
Powering Your Property: MSCI 2021 Real Estate Market Size Report
In a year of unprecedented challenges, the managed real estate market continued to grow in 2020, accelerated by the Covid-19 pandemic.
According to a recent report by MSCI, on a year-on-ear basis, the market size in APAC grew by 8.3% to US$2.8 trillion.
To find out where the the key drivers are, hosts Rachel Kelly and Timothy Go spoke to Varun Malik, Head of Real Estate Client Coverage, Asia Pacific.See omnystudio.com/listener for privacy information.
9/14/2021 • 7 minutes, 27 seconds
In The Spotlight: German elections & car free Sundays in Paris
In The Spotlight, Rachel Kelly and Timothy Go spoke to Rich Preston, Presenter at the BBC about the headlines they're tracking in the week ahead, including a special election in California, a no-car day in Paris on Sunday and elections in Canada.See omnystudio.com/listener for privacy information.
9/13/2021 • 9 minutes, 59 seconds
Recent Headwinds Hitting Singapore and Asian Markets
Despite seeing vaccination rates surpass 80% and hopes high with regards to an economic recovery and reopening, The Straits Times Index has seen shakier sessions that saw it fall below that 3100 level. Vincent Mortier, Amundi's Deputy Group CIO and Supervisor of Asia ex-Japan, thinks that as long as other economies and key trading partners remain closed, than Singapore's economic recovery will always be constrained. He also spoke on recent issues hitting Chinese markets and Amundi's strategy on Prime Time.See omnystudio.com/listener for privacy information.
9/13/2021 • 11 minutes, 25 seconds
SGExtra: 'Concerns about academic freedom following the Yale-NUS merger are unfounded'
In SGExtra, Rachel Kelly and Timothy Go spoke to Zakir Hussain, Singapore Editor, The Straits Times about the merger of Yale-NUS College and the University Scholars' Programme into the New College and what was discussed in Parliament.See omnystudio.com/listener for privacy information.
9/13/2021 • 7 minutes, 4 seconds
ST: The Big Story, 13 Sep
In The Straits Times’ The Big Story, the first sitting of Malaysia’s fourth session of the 14th Parliament began yesterday, and the first under the newly minted government, led by Prime Minister Ismail Sabri Yaacob.
Assistant video editor Olivia Quay spoke to ST’s Malaysia bureau chief Shannon Teoh to find out more.See omnystudio.com/listener for privacy information.
9/13/2021 • 5 minutes, 31 seconds
Forex Fridays: Taper Talk Stirring the Forex Pot
More central bankers have begun talking about starting to taper monetary support extended during the height of the pandemic, while some like the Bank of Korea have also begun hiking rates, with more possibly down the road. Vishnu Varathan, Head of Economics and Strategy at Mizuho Bank, joined us on Forex Fridays to discuss.See omnystudio.com/listener for privacy information.
9/12/2021 • 10 minutes, 6 seconds
ST: The Big Story, 10 Sep
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Professor Teo Yik Ying, dean of the Saw Swee Hock School of Public Health at the National University of Singapore on the key announcements from a press conference by the multi-ministry task force on Covid-19 on Friday.See omnystudio.com/listener for privacy information.
9/10/2021 • 14 minutes, 1 second
In The Spotlight: Syfe introduces Singapore's first customisable ETF portfolio
In The Spotlight, Timothy Go and Rachel Kelly spoke to Dhruv Arora, Founder and CEO, Syfe about Singapore’s first fully customisable exchange-traded fund (ETF) portfolio.
Some ETF options include ARK Fintech Innovation, Global X Lithium & Battery Tech, and Invesco Solar, with equity holdings in Albemarie Corp, Square, Shopify, Sea, Zillow Group and more.
Accompanying the custom portfolio option are new thematic ETF portfolios. The five Syfe Select Themes portfolios are: ESG & Clean Energy, Disruptive Technology, Healthcare Innovation, China Growth and Global Income Singapore.
See omnystudio.com/listener for privacy information.
9/10/2021 • 9 minutes, 42 seconds
Hiving off SPH's media business: Highlights & Analysis
On Prime Time, host Rachel Kelly and Finance Presenter JP Ong spoke to David Gerald, Founder, President and CEO of Securities Investors Association for an analysis of SPH's plan to hive off its media business.
In a virtual extraordinary general meeting held today, 97.55% of shareholders voted in favor of the transfer of SPH's media business to the CLG for a nominal sum of $1.
They also gave the green light to a special resolution to convert each management share held by a management shareholder into one ordinary share, and the adoption of a new Constitution.
See omnystudio.com/listener for privacy information.
9/10/2021 • 13 minutes, 42 seconds
New P1 registration rules from 2022: What are the key changes?
Children of alumni will have only one phase reserved for them in the Primary 1 registration exercise instead of separate phases for those who have joined alumni associations and those who have not.
The Ministry of Education said the change will take effect next year, said which announced this along with other changes, such as an increase in the number of places in phase 2C.
In SGExtra, hosts Timothy Go and Rachel Kelly spoke to Ang Qing, Journalist, The Straits Times to find out more about the new changes.
See omnystudio.com/listener for privacy information.
9/10/2021 • 8 minutes, 18 seconds
Asian Insider: Inside Hong Kong (9 Sep)
Hosts Timothy Go and Rachel Kelly spoke to Claire Huang, Hong Kong Correspondent, The Straits Times Correspondent for the latest in the territory including, the police raid of the closed June 4th Museum and the city's changes to its vaccination drive.See omnystudio.com/listener for privacy information.
9/9/2021 • 10 minutes, 34 seconds
Discussing SPH's Upcoming EGM and SPACs in Singapore
It's been a memorable last couple of days for Singapore markets, with many anticipating the upcoming EGM by Singapore Press Holdings, where shareholders of this station's parent set to vote on whether or not to spin off the media arm into a company by limited guarantee. In addition, many are still taking stock of the SGX becoming the first major exchange in the Asia-Pacific to open the door to SPAC listings. Nirgunan Tiruchelvam, Tellimer's Head of Consumer Equity Research, joined us on Prime Time to discuss.See omnystudio.com/listener for privacy information.
9/9/2021 • 10 minutes, 51 seconds
Vaccinated Travel Lanes: What you need to know before you book a flight
On SGExtra, Timothy Go and Rachel Kelly spoke to Lavinia Rajaram APAC Head of Communications at Expedia about Vaccinated Travel Lanes and what travellers from Singapore should know before booking a flight. See omnystudio.com/listener for privacy information.
9/9/2021 • 10 minutes, 4 seconds
ST: The Big Story, 9 Sep
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Associate Professor Alex Cook, vice-dean of research at the Saw Swee Hock School of Public Health at the National University of Singapore about the pilot program allowing migrant workers in dormitories to go back into the community.See omnystudio.com/listener for privacy information.
9/9/2021 • 6 minutes, 22 seconds
Eco Money: London Stock Exchange sets up sustainable finance unit in Singapore
In Eco Money, host Timothy Go and Rachel Kelly spoke to Dr Felicia Shaw, Innovation Lead at London Stock Exchange Group Labs Singapore about a new unit being set up here in Singapore to tackle key sustainable finance issues. See omnystudio.com/listener for privacy information.
9/8/2021 • 9 minutes, 7 seconds
Across the ASEAN: Of Airline Bankruptcies and Travel Lanes
The last few days have been memorable for the ASEAN aviation sector, not just because of the arrival of the first flight from Germany via Singapore's Visitors Travel Lane, but also because the region's oldest airline, Philippine Airlines, filed for bankruptcy protection. Shukor Yusof, founder of Endau Analytics, joined us on Across the ASEAN to discuss the state of Southeast Asia's airlines, if others may also be at bankruptcy risks, and if Singapore's travel lanes will make a positive impact on Singapore Airlines' operations.See omnystudio.com/listener for privacy information.
9/8/2021 • 11 minutes, 54 seconds
ST: The Big Story, 8 Sep
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to the Singapore National Employers Federation’s (SNEF) executive director, Sim Gim Guan about the updated guidelines on safe management measures at the workplace.See omnystudio.com/listener for privacy information.
9/8/2021 • 6 minutes, 28 seconds
Sustainable Singapore: SEA's farmers cite climate change as key challenge
Research by Agricultural Biotechnology company CropLife Asia has found that nearly 70% of farmers in the region’s largest crop-producing countries cite the impact of climate change as a key challenge. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Tan Siang Hee, Executive Director, CropLife Asia who shares more on what this means for regional food production, food security and the availability of nutritious food imported into Singapore.See omnystudio.com/listener for privacy information.
9/8/2021 • 12 minutes, 24 seconds
In The Spotlight: 20th anniversary of the 9/11 attacks & US withdrawal from Afghanistan
In The Spotlight, hosts Timothy Go and Rachel Kelly spoke to Professor Andrew Delios, Vice Dean, MSc Programmes, Department of Strategy & Policy at NUS Business School about the upcoming t9/11 anniversary as well as the US withdrawal from Afghanistan.See omnystudio.com/listener for privacy information.
9/7/2021 • 8 minutes, 14 seconds
Blockchain and StableCoins as Cross-Border Financing Solutions
XREX is a Taiwan-based startup that uses blockchain technology to address cross-border financing problems, and is expanding in Singapore. Christopher Chye, XREX's Managing Director for Singapore, spoke to us about how blockchain can be used to address these cross-border issues, how stablecoins figure in these solutions and if regulatory risks are a potential issue.See omnystudio.com/listener for privacy information.
9/7/2021 • 12 minutes, 40 seconds
ST: The Big Story, 7 Sep
In The Straits Times’ The Big Story, assistant video editor Olivia Quay and multimedia journalist Hairianto Dirman spoke to Professor Dale Fisher, a senior consultant at the National University Hospital's Division of Infectious Diseases, about the roll-out of new measures to slow down the transmission of Covid-19 in Singapore. See omnystudio.com/listener for privacy information.
9/7/2021 • 7 minutes, 49 seconds
Powering Your Property: International Plaza launches record $2.7b en-bloc tender
The biggest project to be put up for collective sale, International Plaza, has been launched for tender at a reserve price of $2.7 billion. Could this shake up the CBD?
In Powering Your Property, hosts Timothy Go and Rachel Kelly spoke to Desmond Sim, CEO, Edmund Tie to find out.
Holders of the units at the International Plaza building on Anson Road have engaged property consultancy Edmund Tie to market the 45-year-old commercial block to potential investors.See omnystudio.com/listener for privacy information.
9/7/2021 • 9 minutes, 15 seconds
Welcome to the SPAC Age, Singapore!
The Singapore Exchange opened the door to SPAC listings, becoming the first major bourse in the Asia-Pacific to do so. Tham Tuck Seng, PwC's Capital Markets Team Leader, joined us on Prime Time to discuss what this will mean for local markets, if the first mover advantage will last, and what advice he may have for retail investors looking to learn more about Special Purpose Acquisition Companies.See omnystudio.com/listener for privacy information.
9/7/2021 • 13 minutes, 53 seconds
In The Spotlight: Binance announces changes to its offerings in Singapore
In The Spotlight, hosts Timothy Go and Rachel Kelly spoke to Joanna Ossinger, Markets Editor, Bloomberg about the changes to Binance offerings in Singapore, after regulators said last week that the company may be in breach of the Payment Services Act. See omnystudio.com/listener for privacy information.
9/6/2021 • 9 minutes, 36 seconds
ST: The Big Story, 6 Sep
In The Straits Times’ The Big Story, assistant video editor Olivia Quay and multimedia journalist Hairianto Dirman spoke to Dr Leong Hoe Nam, an infectious diseases specialist from the Rophi Clinic at Mount Elizabeth Novena about the developments from the Covid-19 cases linked to bus interchange clusters.See omnystudio.com/listener for privacy information.
9/6/2021 • 5 minutes, 19 seconds
SGExtra: Singapore to offer Covid-19 vaccine booster shots
In SGExtra, hosts Timothy Go and Rachel Kelly spoke to Karamjit Kaur, News Editor, The Straits Times about Singapore’s fight against Covid-19, with the roll-out of vaccine booster shots expected to start this month.
Singapore will offer Covid-19 vaccine booster shots to people who are moderately to severely immunocompromised, as well as people aged 60 and above, and residents of aged care facilities.
See omnystudio.com/listener for privacy information.
9/6/2021 • 7 minutes, 13 seconds
Forex Fridays: Who Else Is Tightening?
The US Dollar may be softening post-Jackson Hole, but attention now shifts to the ECB's meeting next week, with a reduction of asset purchases possibly on the agenda. Philip Futures' Mooris Tjioe dropped by on Forex Fridays to talk about who else may tighten in the last 4 months of the year, and if it matters for the SGD.See omnystudio.com/listener for privacy information.
9/5/2021 • 13 minutes, 6 seconds
ST: The Big Story, 3 Sep
In his National Day Rally speech on Sunday (Aug 29), Prime Minister Lee Hsien Loong spoke about how Singapore intends to tackle some of the most difficult issues - both economic and social.
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Finance Minister Lawrence Wong provides insights into these plans to bridge the gaps on wages and jobs.
See omnystudio.com/listener for privacy information.
9/3/2021 • 8 minutes, 25 seconds
SGExtra: Hawker centre diners clear tables on first day of enforcement but some still flouting rule
The enforcement of the table-clearing rule has begun at hawker centres this week, after a three-month advisory period to help diners adjust.
From September, enforcement will be taken against those who do not comply with advice to clean up after themselves in public dining places.
In SGExtra, hosts Rachel Kelly and Timothy Go spoke to Anjali Raguraman, Journalist, The Straits Times to find out more. See omnystudio.com/listener for privacy information.
9/3/2021 • 10 minutes, 8 seconds
In The Spotlight: Covid-19 cases at bus terminals in Singapore and what you need to know about the Mu variant
In The Spotlight, hosts Rachel Kelly and Timothy Go spoke to Professor Teo Yik Ying, Dean of the Saw Swee Hock School of Public Health, National University of Singapore about the new Covid-19 Mu variant as well as the Covid-19 cases at bus terminals in Singapore.See omnystudio.com/listener for privacy information.
9/3/2021 • 10 minutes, 31 seconds
Broader Risks from China's Regulatory Crackdowns
Chinese regulators moved to summon ride-sharing firms over 'illegal behavior' -- the latest in a series of regulatory crackdowns that have cast more uncertainty over markets. There are signs though of the recent selloff easing. Peter Chun, founder of Silverbear Capital, joined us on Prime Time to assess the regulatory risks in China, as well as possible reforms to the VIE corporate model and issues with Evergrande's 300B USD debt pile.See omnystudio.com/listener for privacy information.
9/2/2021 • 11 minutes, 28 seconds
In The Spotlight: Asia-Pacific companies planning larger pay raises in 2022
In The Spotlight, Rachel Kelly and Timothy Go spoke to Vidisha Mehta, Head of Talents and Rewards in Singapore, Willis Towers Watson to find out why companies in Asia Pacific plan to give employees larger raises next year.
See omnystudio.com/listener for privacy information.
9/2/2021 • 8 minutes, 15 seconds
ST: The Big Story, 2 Sep
In The Straits Times’ The Big Story, assistant video editor Olivia Quay and multimedia journalist Hairianto Dirman spoke to Associate Professor Alex Cook, who is the vice-dean of research at the National University of Singapore's Saw Swee Hock School of Public Health on Singapore’s Covid-19 developments.See omnystudio.com/listener for privacy information.
9/2/2021 • 4 minutes, 6 seconds
SGExtra: Challenges in getting more volunteers to deliver meals during the pandemic
Meals-on-Wheels is a meal delivery programme to meet the daily needs of the home-bound elderly. The elderly, who usually live alone, depend on volunteers from TOUCH Home Care's Meals-on-Wheels to deliver their meals every day.On SGExtra, Rachel Kelly spoke to Prime Time's very own Timothy Go, who was out delivering the meals with the volunteers. Timothy Go also spoke to Joyce Ang, Assistant Director (Partnership & Volunteer Management), TOUCH Community Services about the challenges of getting more volunteers to deliver meals to seniors amid the Covid-19 pandemic. See omnystudio.com/listener for privacy information.
9/2/2021 • 9 minutes, 42 seconds
Eco Money: What investors need to look out for when it comes to Greenwashing
As the sustainability gold rush continues, how do investors know whether the funds they are pumping their money into for profits with purpose are actually ESG focused and how can they avoid greenwashing?In Eco Money, hosts Rachel Kelly and Timothy Go spoke to Associate Professor Lawrence Loh Director, Centre for Governance and Sustainability at NUS Business School about what investors need to look out for when it comes to Greenwashing. See omnystudio.com/listener for privacy information.
9/1/2021 • 11 minutes, 42 seconds
Across the ASEAN: The Regional Outlook for the Last 4 Months of 2021
We are officially in the last third of the year, and the outlook for ASEAN markets remain hazy given COVID-19 uncertainties. Meanwhile, Singapore's Straits Times Index trudges below 3100 despite many positive factors from a high vaccination rate to brighter GDP expectations. James Cheo, Southeast Asia CIO for Private Banking and Wealth Management at HSBC, spoke to us on Across the ASEAN to kick off the month of September, to share his outlook for regional markets.See omnystudio.com/listener for privacy information.
9/1/2021 • 11 minutes
ST: The Big Story, 1 Sep
In The Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to Journalists Ng Wei Kai and Ang Qing about the online petition calling on NUS to reverse its decision to merge Yale-NUS College with its University Scholars Programme.See omnystudio.com/listener for privacy information.
9/1/2021 • 4 minutes, 27 seconds
Moving towards a more progressive economy
On Prime Time's 'While You Were Working', hosts Rachel Kelly and Timothy Go spoke to Kurt Wee, President, Association of Small and Medium Enterprises (ASME) about the SME community's response to this year’s National Day Rally. See omnystudio.com/listener for privacy information.
9/1/2021 • 11 minutes, 33 seconds
In The Spotlight: Updates from Afghanistan
In The Spotlight, Rachel Kelly and Timothy Go spoke to Professor Greg Barton, Chair In Global Islamic Politics, Deakin University about the implications of the US withdrawal from Afghanistan.
After nearly 20 years, the last US forces have pulled out of Afghanistan. America’s longest war took the lives of nearly 2,500 US troops and an estimated 240,000 Afghans, and cost some S$2.7 trillion.
See omnystudio.com/listener for privacy information.
8/31/2021 • 13 minutes, 48 seconds
The Wobbly August for Singapore Stocks
The Straits Times Index closed out August with a monthly loss, and fell below 3100. Could this lead to more downside risks for stocks? And what of potential upsides from high vaccination rates and the gradual reopening of the country? Terence Wong, CEO of Azure Capital, joined us on Prime Time once more to recap the month that was, and share his thoughts on all these, and more.See omnystudio.com/listener for privacy information.
8/31/2021 • 12 minutes, 57 seconds
ST: The Big Story, 31 Aug
In The Straits Times’ The Big Story, Assistant Video Editor Olivia Quay spoke to Foreign editor Bhagyashree Garekar on what the US' withdrawal spells for the Afghan people under Taliban rule again. See omnystudio.com/listener for privacy information.
8/31/2021 • 5 minutes, 32 seconds
Rethinking commercial real estate strategies: Could flexible workspaces be the answer?
With the future workplace no longer being a single location, companies are now re-evaluating their property needs, with many downsizing or delaying new leases.
In Powering Your Property, Rachel Kelly and Timothy Go spoke to Damien Sheehan, Country Head, Australia at IWG (the International Workplace Group) on whether flexible workspaces could be the answer to rethinking commercial real estate strategies.
See omnystudio.com/listener for privacy information.
8/31/2021 • 9 minutes, 15 seconds
Updates on Afghanistan & developments from New Orleans as Hurricane Ida batters Louisiana
In the Spotlight, Rachel Kelly and Timothy Go spoke to Rich Preston, Presenter at the BBC about the current situation in Afghanistan ahead of the United State's evacuation deadline, as well as developments in the US city of New Orleans as Hurricane Ida batters Louisiana.See omnystudio.com/listener for privacy information.
8/30/2021 • 10 minutes, 57 seconds
ST: The Big Story, 30 Aug
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Senior minister of state for manpower Zaqy Mohamad, who also heads the Tripartite Workgroup, about the details of the support measures recommended by the workgroup on lower-wage workers.See omnystudio.com/listener for privacy information.
8/30/2021 • 7 minutes, 1 second
SG EXtra: Key highlights & analysis of the National Day Rally 2021
On SGExtra, host Rachel Kelly and Timothy Go spoke to Zakir Hussain, Singapore Editor, The Straits Times for the key highlights and analysis of Prime Minister Lee Hsien Loong’s National Day Rally speech.
PM Lee gave an update on the Covid-19 situation and economic outlook before diving into how the government plans to tackle social challenges, which have been amplified by the pandemic.See omnystudio.com/listener for privacy information.
8/30/2021 • 8 minutes, 13 seconds
What Doves at Jackson Hole May Mean for Banks
Federal Reserve Chair Jerome Powell struck a dovish tone at the Jackson Hole Symposium, stating that while tapering bond purchases may happen within this year, rate hikes won't necessarily follow any time soon. Harsh Modi, JP Morgan's co-head of Asia ex-Japan Banks Research, joined us on Prime Time to discuss the Fed Chair's comments, what it may mean for banks and his outlook for lenders in the region.See omnystudio.com/listener for privacy information.
8/30/2021 • 12 minutes
Forex Fridays: What's at Stake for FX Markets Leading Into September?
The end of August saw markets await Fed Chair Jerome Powell's speech at the Jackson Hole Symposium, that bolstered the USD in recent times. Ahead of that, the Bank of Korea became the first major central bank in Asia to hike rates. Peter Chia, UOB's Senior FX Strategist, joined us on Forex Fridays to take stock of the recent movements in forex markets.See omnystudio.com/listener for privacy information.
8/29/2021 • 13 minutes, 21 seconds
Mark Mobius - Outlook for emerging markets amidst global pandemic
Prime Time hosts Rachel Kelly and Timothy Go spoke to Mark Mobius, Partner at Mobius Capital Partners who shared his thoughts on the outlook for emerging markets in the region, given the current Covid-19 situation. See omnystudio.com/listener for privacy information.
8/27/2021 • 7 minutes, 13 seconds
ST: The Big Story, 27 Aug
In The Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to Professor Dale Fisher, Senior Infectious Disease Consultant, National University Hospital about the number of locally transmitted cases and the trends we have been seeing in the past week.See omnystudio.com/listener for privacy information.
8/27/2021 • 5 minutes, 24 seconds
Connect@Changi plans and easing of restrictions for inbound travellers
Prime Time hosts Rachel Kelly and Timothy Go spoke to Toh Ting Wei, Journalist, The Straits Times, for an update on Connect@Changi and the easing of restrictions for travellers returning from Macau and Hong Kong. See omnystudio.com/listener for privacy information.
8/27/2021 • 6 minutes, 51 seconds
Inside Hong Kong: Urged to act in tandem with China and upcoming law amendments
Prime Time host Rachel Kelly speaks to Claire Huang, Hong Kong Correspondent, The Straits Times for a breakdown of the latest news from the territory, including recent suggestions for Hong Kong to better integrate with China, upcoming censorship law amendments, and more. See omnystudio.com/listener for privacy information.
8/26/2021 • 10 minutes, 31 seconds
ST: The Big Story, 26 Aug
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Toh Ting Wei, Journalist, The Straits Times, about Connect@Changi’s recent conversion into a Covid-19 community care facility and how it throws the future of the Connect@Singapore initiative into question. See omnystudio.com/listener for privacy information.
8/26/2021 • 5 minutes, 43 seconds
A Review of Singapore's Recent Earnings Season
Carmen Lee, Managing Director of Equity Research at OCBC, joined us once more on Prime Time to help recap Singapore's recent earnings season, and discuss which sectors impressed. She also touched on signs of rising price pressures weighing on profits, the outlook for Singapore's aviation sector, and which sectors might be more vulnerable to rising rate pressures.See omnystudio.com/listener for privacy information.
8/26/2021 • 11 minutes, 51 seconds
Across the ASEAN: Clarity for Malaysian Equities at Last?
The FBMKLCI Index has seen solid gains this week after Ismail Saabri Yakob was sworn in as the country's new Prime Minister, assuaging weeks of seeming political uncertainty. Alexander Chia, RHB's Head of Regional Equity Research, joined us on Across the ASEAN to talk about how this and improving vaccination rates might play into their outlook for markets in Kuala Lumpur.See omnystudio.com/listener for privacy information.
8/26/2021 • 11 minutes, 18 seconds
SGExtra: SGX to set out a roadmap for mandatory climate-related disclosures
Singapore Exchange Regulation has recently proposed a roadmap for climate-related disclosures to be made mandatory for issuers, amidst urgent demand from investors and other key stakeholders. In SGExtra, hosts Rachel Kelly spoke to Michael Tang, Head of Listing Policy & Product Admission at Singapore Exchange Regulation to find out more. See omnystudio.com/listener for privacy information.
8/26/2021 • 7 minutes, 2 seconds
ST: The Big Story, 25 August
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Straits Times Sports Journalist, Kimberly Quek about Swimmer Yip Pin Xiu winning the100m backstroke (S2) for Singapore's first gold at the Tokyo Paralympics.See omnystudio.com/listener for privacy information.
8/25/2021 • 4 minutes, 18 seconds
Eco Money: How will climate change impact inflation?
Rachel Kelly and Timothy Go speak to Salman Ahmed, Global Head of Macro and Strategic Asset Allocation at Fidelity about his latest report, which highlights the impact of climate change on inflation and focuses on how climate change will impact strategic asset allocation.See omnystudio.com/listener for privacy information.
8/25/2021 • 8 minutes, 17 seconds
Sustainable Singapore: New Dairy-Free SG startup, ‘mohjo’ brings nutritious plant-based milk to Asia
Approximately 2/3 of the Asian population is lactose intolerant, which is why there is a clear need for more dairy-free products. One such is 'mohjo' which is a direct-to-consumer brand that focuses on plant-based dairy alternatives. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Juhi Dang, Founder and CEO, mohjo who shares more on how they are different to other products in the market, and their growth strategy. See omnystudio.com/listener for privacy information.
8/25/2021 • 12 minutes, 18 seconds
Market View: How to navigate China tech stocks
In Market View, Rachel Kelly and Timothy Go catch up with Kelvin Tay, Regional Chief Investment Officer at UBS for the latest market analysis.See omnystudio.com/listener for privacy information.
8/25/2021 • 11 minutes, 53 seconds
In The Spotlight: Copenhagen overtakes Singapore & Tokyo as the world’s safest city
In The Spotlight, Rachel Kelly and Timothy Go find out from Pratima Singh, Project Director of the Safe Cities Index 2021 and Senior Manager, Public Policy & Thought Leadership, The Economist Intelligence Unit why Copenhagen has been ranked the safest city in the world.
The Danish capital surpassed former frontrunners like Tokyo, Singapore and Osaka in the fourth edition of the EIU’s biennial Safe Cities Index, which for the first time included environmental security metrics.
See omnystudio.com/listener for privacy information.
8/24/2021 • 9 minutes, 39 seconds
Powering Your Property: 43% of retailers still forging ahead with real estate expansion plans
In Powering Your Property, Rachel Kelly and Timothy Go speak to Alice Tan, Head of Consultancy, Knight Frank Singapore about the findings from their Retailers’ Sentiments Survey and why some retailers are still forging ahead with real estate expansion plans. See omnystudio.com/listener for privacy information.
8/24/2021 • 11 minutes, 18 seconds
ST: The Big Story, 24 Aug
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Science and environment correspondent Audrey Tan about why certain areas in Singapore are seeing a repeat of flooding and how Singapore's infrastructure can guard against flooding.See omnystudio.com/listener for privacy information.
8/24/2021 • 4 minutes, 14 seconds
Market View: Could we see a US taper announcement in September?
As most members favour a beginning of the tapering before year end, could we continue to expect an announcement in September?
Julius Baer seems to think so.
Mark Matthews, Head of Research Asia Pacific, Julius Baer shares more and what to look out for in the upcoming Jackson Hole meeting.See omnystudio.com/listener for privacy information.
8/24/2021 • 7 minutes, 58 seconds
How the virus situation all around the region is affecting bonds and currencies
In The Spotlight, hosts Rachel Kelly and Timothy Go spoke to Marcus Wong, Macro Strategist, Bloomberg about the impact of the Delta variant on regional economies and the stimulus plans being rolled out to battle the virus. See omnystudio.com/listener for privacy information.
8/23/2021 • 10 minutes, 55 seconds
Significance of US Vice President Kamala Harris' visit to Singapore & Southeast Asia
In SGExtra, hosts Timothy Go and Rachel Kelly catch up with Zakir Hussain, Singapore Editor at The Straits Times to discuss US Vice President Kamala Harris’ visit to Singapore.
The trip marks Harris’ second foreign trip - she visited Guatemala and Mexico in June - and will be the first time a US vice president has visited Vietnam.
Her visit comes on the heels of US Defence Secretary Lloyd Austin's late-July trip to Singapore and the region.
See omnystudio.com/listener for privacy information.
8/23/2021 • 9 minutes, 33 seconds
ST: The Big Story, 23 Aug
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Foreign editor of The Straits Times Bhagyashree Garekar about the significance of US Vice President Kamala Harris' visit to Singapore and the Southeast Asia region.See omnystudio.com/listener for privacy information.
8/23/2021 • 6 minutes, 50 seconds
Forex Fridays with Exinity's Han Tan
A busy week that was for Forex markets, with the US dollar getting a boost thanks to a hawkish set of minutes from the FOMC's last meeting, plus COVID-19 issues weighing on both the Australian and New Zealand dollar. Han Tan, Exinity's Chief Market Analyst, joined us on Forex Fridays to discuss.See omnystudio.com/listener for privacy information.
8/23/2021 • 12 minutes, 13 seconds
In The Spotlight: Malaysia’s new prime minister
Malaysia’s King has named Ismail Sabri Yaakob as the country’s new prime minister after a brief meeting with Malaysia’s other state rulers. Prime Time hosts Rachel Kelly and Timothy Go speak to Dr Mustafa Izzuddin, Senior Analyst in Social and International Affairs, Solaris Strategies Singapore who gives his analysis.See omnystudio.com/listener for privacy information.
8/20/2021 • 11 minutes, 20 seconds
ST: The Big Story, 20 Aug
In The Straits Times’ The Big Story, assistant video editor Olivia Quay and multimedia journalist Hairianto Dirman spoke to ST’s Malaysia Bureau Chief Shannon Teoh about Malaysia’s King confirming Umno vice-president Ismail Sabri Yaakob as the country’s ninth prime minister.See omnystudio.com/listener for privacy information.
8/20/2021 • 4 minutes, 58 seconds
Upgraded GDP growth forecast range, restoration of wages and vaccination plans for children
Prime Time hosts Rachel Kelly and Timothy Go spoke to Sue-Ann Tan, Journalist, The Straits Times about the latest happenings in Singapore, including an upgraded GDP growth forecast range, restoration of wages among firms, and vaccination plans for children below the age of 12.See omnystudio.com/listener for privacy information.
8/20/2021 • 5 minutes, 23 seconds
Will the Straits Times Index's Sideways Action Continue?
3 months after calling the Straits Times Index's current sideways action, DBS Equity Strategist Yeo Kee Yan joined us on Prime Time to talk about what the future may hold for the benchmark, and what advice he may have for retail investors who may have to deal with rising volatility.See omnystudio.com/listener for privacy information.
8/20/2021 • 11 minutes, 40 seconds
Thailand's 'Phuket Sandbox' scheme and what it means for the tourism industry
In an attempt to revitalise the tourism sector, Thailand launched the ‘Phuket Sandbox 7+7’ initiative for fully vaccinated tourists. Nuno Guerreiro, Regional Director, South Asia, Oceania & Chains, Booking.com, joined us on Prime Time where he shared more about the initiative and his thoughts on Asian travel demand for the months to come. See omnystudio.com/listener for privacy information.
8/19/2021 • 5 minutes, 44 seconds
Tech Talk: Facebook censoring the Taliban, faster internet speed across the pacific and Google’s latest Pixel phone
On Tech Talk, hosts Timothy Go and Rachel Kelly spoke to Cheryl Tan, Tech Journalist, Tech360.tv about the latest happenings in the tech world, including Facebook’s recent move of censoring the Taliban, an undersea cable project aimed at improving internet infrastructure in the pacific, Google’s latest Pixel phone and more.See omnystudio.com/listener for privacy information.
8/19/2021 • 7 minutes, 50 seconds
Eco Money: Global Impact Awards and sectors at the cutting edge of sustainability
Alessa Berg, Founder and CEO, Top Tier Impact, spoke to Rachel Kelly and Timothy Go on Eco Money - where she shared how the Global Impact Awards empowers start-ups across different sectors and provided some insights on sustainable investing. See omnystudio.com/listener for privacy information.
8/18/2021 • 7 minutes, 46 seconds
ST: The Big Story, 18 Aug
In The Straits Times’ The Big Story, assistant video editor Olivia Quay and multimedia journalist Hairianto Dirman spoke to Shannon Teoh, Malaysia Bureau Chief, The Straits Times about the latest from Malaysia as the country awaits the formal announcement of their new prime minister. See omnystudio.com/listener for privacy information.
8/18/2021 • 6 minutes, 21 seconds
Across the ASEAN: How COVID-19 Is Impacting Economic and Manufacturing Activity in the Region
Economies across the ASEAN mostly posted strong GDP growth in the second quarter. But could persistent COVID-19 worries see some countries put at risk of a double-dip recession? Joseph Incalcaterra, HSBC's ASEAN Chief Economist, joined us on Across the ASEAN to talk about their updated economic outlook for the region, as well as the challenges posed to Southeast Asian manufacturing.See omnystudio.com/listener for privacy information.
8/18/2021 • 11 minutes, 2 seconds
Sustainable Singapore: Sustainability in the hospitality landscape
The newly renovated PARKROYAL COLLECTION Marina Bay won - “5-star Best Hotel Interior”, at the International Property Awards 2021 for its transformational design strongly anchored in sustainability. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Marc Handl, Vice President, Hotel Operations, Pan Pacific Hotels Group more about their green design and sustainable operating practices.See omnystudio.com/listener for privacy information.
8/18/2021 • 11 minutes
ST: The Big Story, 17 Aug
In The Straits Times’ The Big Story, assistant video editor Olivia Quay and multimedia journalist Hairianto Dirman spoke to ST’s Malaysia bureau chief, Shannon Teoh about the latest from Malaysia as the King sets a Wednesday 4pm deadline for Malaysia's MPs to declare their choice to succeed outgoing Prime Minister Muhyiddin Yassin. See omnystudio.com/listener for privacy information.
8/17/2021 • 4 minutes, 20 seconds
In The Spotlight: Exclusive interview with StarHub Group CEO
Known for its hubbing offerings - but with a new CEO at the helm - StarHub is looking to take a different direction.
Prime Time's Rachel Kelly speaks to Nikhil Eapen, CEO, StarHub Group, to discuss the telcos recent earnings announcement, data breach, and what we can expect from the upcoming strategy plan announcement in November.See omnystudio.com/listener for privacy information.
8/17/2021 • 18 minutes, 27 seconds
Can Southeast Asia's Banks Weather Rising Asset Risks?
Resurgent COVID-19 infections threaten to erode economic growth in Southeast Asia, and might lead to rising asset risks hitting lenders across the region. Moody's though thinks that Southeast Asia's banks may be able to weather these risks thanks in part to continued monetary and fiscal support. Rebecca Tan -- VP and Senior Analyst at Moody's -- joined us on Prime Time to discuss.See omnystudio.com/listener for privacy information.
8/17/2021 • 14 minutes, 35 seconds
Powering Your Property: PropertyGuru Q3 Property Market Index
In Powering Your Property, host Timothy Go speaks to Dr. Tan Tee Khoon, Singapore Country Manager, PropertyGuru about the findings from their latest PropertyGuru Q3 2021 Property Market Index.
Their report explores the factors leading to our local property market’s vigour, key insights and trends observed around property buying sentiment and preferences, as well as the outlook for the second half of the year and upcoming projects to watch.See omnystudio.com/listener for privacy information.
8/17/2021 • 8 minutes, 48 seconds
In The Spotlight: Latest from Afghanistan, tensions between US & Canada
From the latest in Afghanistan to tensions between the US and Canada, host Timothy Go spoke to Rich Preston, Presenter, BBC for an update on the key stories to watch in the week ahead. See omnystudio.com/listener for privacy information.
8/16/2021 • 10 minutes, 27 seconds
Reviewing Recent Earnings Results from Singapore's Developers
Though recent earnings from Singapore's property developers were fairly mixed, a number of them showed encouraging signs of recovery and improvement. Vijay Natarajan, RHB's resident Property and REIT analyst, joined us on Prime Time to talk about his key takeaways from the report cards of SIngapore's developers, potential challenges from rising rates and labour and supply chain shortages, and which property developer and which REIT he's watching closely as SIngapore's economy continues to reopen.See omnystudio.com/listener for privacy information.
Health experts forecast that Singapore is on track to further ease its Covid-19 measures this week, as more people are vaccinated and there are healthcare resources to care for those with severe infection.
In SGExtra, host Timothy Go spoke to Zakir Hussain, Singapore Editor at The Straits to find out more.
They also discuss how the nation has responded to the differentiated measures for vaccinated and non-vaccinated people.See omnystudio.com/listener for privacy information.
8/16/2021 • 7 minutes, 39 seconds
ST: The Big Story, 16 Aug
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to ST’s Malaysia Bureau Chief Shannon Teoh about Malaysian Prime Minister Tan Sri Muhyiddin Yassin’s resignation, and what that means for Malaysia.See omnystudio.com/listener for privacy information.
8/16/2021 • 7 minutes, 7 seconds
What's next for Malaysia as Prime Minister Muhyiddin Yassin resigns?
Malaysia's Prime Minister Muhyiddin Yassin and his cabinet admitted they had lost the parliamentary majority and tendered their resignation. Now the question is; what's next for the country and who will be the next Prime Minister? Prime Time's Timothy Go speaks to Dr Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs who gives his analysis. See omnystudio.com/listener for privacy information.
8/16/2021 • 8 minutes
In The Spotlight: Change power and profitability for companies
As a result of the pandemic, many businesses have had to change and adapt to lockdowns and new norms across the globe. David Michels, Bain & Company, Partner and Global leader of Change Management and Implementation Practice, shares how they evaluate a company's ability to change, and how businesses can institute change seamlessly.See omnystudio.com/listener for privacy information.
8/13/2021 • 6 minutes, 41 seconds
Forex Fridays: Outlook on US dollar amidst hints of fed tapering
Mooris Tjioe, investment analyst, Phillip Futures joined Timothy Go and Rachel Kelly for Forex Fridays where he shared his outlook for the US dollar amidst speculation of a tapering announcement.See omnystudio.com/listener for privacy information.
8/13/2021 • 7 minutes, 23 seconds
National University of Singapore publishes new Covid-19 study
Prime Time hosts Rachel Kelly and Timothy Go speak to Cheryl Tan, Journalist, The Straits Times about a new study from the National University of Singapore which has revealed that Covid-19 can be transmitted by simple activities such as talking, singing, and even breathing.See omnystudio.com/listener for privacy information.
8/13/2021 • 6 minutes, 11 seconds
What's the latest on Grab going public in the US?
Nirgunan Tiruchelvam, Head of Consumer Sector Equity Research, Tellimer speaks to Prime Time hosts Timothy Go and Rachel Kelly to discuss the US$40 billion Grab and Altimeter Capital Management deal, as well as some possible challenges for Grab in the year ahead.See omnystudio.com/listener for privacy information.
8/12/2021 • 7 minutes, 41 seconds
ST: The Big Story (12 Aug)
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke to Timothy Goh, Journalist at The Straits Times, about the increase in contact tracers and the difficulty in tracing those related to the infected.See omnystudio.com/listener for privacy information.
8/12/2021 • 2 minutes, 19 seconds
Inside Hong Kong: Implications of China's anti-sanctions law and the state of trade unions
Prime Time’s hosts Timothy Go and Rachel Kelly speak to Claire Huang, Hong Kong correspondent, The Straits Times for the latest updates from the territory. This week Chief Executive Carrie Lam announced her support for the adoption of mainland China’s anti-sanctions law, in response to accusations of the city's freedom being eroded. Plus, questions are arising on the state of trade unions in the city after the Professional Teachers' Union announced it is disbanding.See omnystudio.com/listener for privacy information.
8/12/2021 • 10 minutes, 37 seconds
Tech Talk: Samsung's latest lineup and the PS5’s software update
On Tech Talk, Timothy Go spoke to Soon Kai Hong, Tech Journalist, Tech360.tv about the latest happenings in the tech world, including Samsung’s new lineup of Galaxy foldable phones and the PS5’s recent software update.See omnystudio.com/listener for privacy information.
8/12/2021 • 8 minutes, 8 seconds
Across the ASEAN: Another Lockdown in Manila
The Philippines revealed that GDP in the 2nd quarter of the year grew by a whopping 11.8% --- days after the Metro Manila region was placed under another lockdown to contain the recent outbreak of the COVID-19 delta variant. Investors in the country though don't as spooked as they were when the pandemic first started. Ron Acoba, Chief Market Strategist of Trading Edge joined us from Manila to discuss.See omnystudio.com/listener for privacy information.
8/11/2021 • 10 minutes, 35 seconds
Eco Money: Singapore-Based Eco-Friendly Cryptocurrency Mining Service
Did you know that according to some estimates the energy used to mine and power Bitcoin is the equivalent to the energy used by Argentina?
Cryptocurrencies have been in the hot seat for their impact on the environment. One Singapore trader has now launched what he is calling a green crypto platform.
In Eco Money, host Rachel Kelly spoke to Mr Jimmy Li, Founder and CEO of Sharemine AI about a new supposedly ‘green’ crypto trading platform that has been launched in Singapore.See omnystudio.com/listener for privacy information.
8/11/2021 • 9 minutes, 31 seconds
ST: The Big Story, 11 Aug
In The Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to the Singapore Nightlife Business Association’s vice-president Nasen Thiagaraja on why he thinks this is an apt time for the Government to reconsider Covid-19 restrictions affecting the F&B sector.See omnystudio.com/listener for privacy information.
8/11/2021 • 7 minutes, 2 seconds
Sustainable Singapore: SeaChanges wins $1M prize for its carbon capture tech
SeaChange was this year's winner of The Liveability Challenge for its technology that converts dissolved CO2 in seawater, into minerals. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Camly Tran, Chief Operating Officer, SeaChange who shares more on the process, and how it's a game-changer in tackling carbon emissions.See omnystudio.com/listener for privacy information.
8/11/2021 • 9 minutes, 54 seconds
Market View: Outlook on Singapore's economy
Song Seng Wun, Economist, CIMB Private Bank, joined us on Prime Time to share his outlook for Singapore’s economy as restrictions ease up. See omnystudio.com/listener for privacy information.
8/10/2021 • 10 minutes, 16 seconds
In The Spotlight: Analysis of the IPCC climate report
It’s been dubbed the most important climate change report so far, and its linked human behaviour directly to temperature increases.
In The Spotlight, hosts Rachel Kelly and Timothy Go spoke to Wai-Shin Chan, Head, Climate Change Centre of Excellence & Head, ESG Research at HSBC to find out what the latest Intergovernmental Panel on Climate Change (IPCC) report means for current climate goals. See omnystudio.com/listener for privacy information.
8/10/2021 • 11 minutes, 45 seconds
Powering Your Property: Top agents bag the lion's share of HDB resale transactions
In Powering Your Property, hosts Rachel Kelly and Timothy Go spoke to Dr Lee Nai Jia, Deputy Director, Institute of Real Estate and Urban Studies at the National University of Singapore on why the top salespersons are bagging the lion's share of HDB resale units and the outlook for the HDB resale market.See omnystudio.com/listener for privacy information.
8/10/2021 • 11 minutes, 17 seconds
ST: The Big Story, 10 Aug
A report by the Intergovernmental Panel on Climate Change revealed that a severe cut in greenhouse gas emissions is necessary to slow down the pace of global warming.However, it will not stop prolonged heat waves, weather extremes, and rising sea levels from happening as global warming is expected to rise by 1.5 degree Celsius.
In The Straits Times’ The Big Story, Assistant video editor Olivia Quay spoke to Climate Change Editor David Fogarty on how increased temperatures will impact Singapore.
See omnystudio.com/listener for privacy information.
8/10/2021 • 3 minutes, 42 seconds
Forex Fridays: Of Safe Havens, Vulnerable ASEAN Currencies and the Greenback
The start of August saw the greenback show signs of firming up after weeks of weakness, as more Fed officials strike more hawkish tones. Meanwhile, market uncertainty boosted safe haven currencies like the Japanese Yen and the Swiss Franc, while resurgent COVID-19 outbreaks weighed on ASEAN currencies like the Thai Baht and the Philippine Peso. Han Tan, Exinity's Chief Market Analyst, joined us on Forex Fridays to discuss the week that was in the FX space. See omnystudio.com/listener for privacy information.
8/8/2021 • 12 minutes, 17 seconds
In The Spotlight: Financial literacy for children
In The Spotlight, hosts Rachel Kelly and Timothy Go spoke to Jing Cong (JC) Xue, Portfolio Manager and Equity Analyst, Foord Asset Management where he shared more about financial literacy for the young and how parents can better engage them in this area.See omnystudio.com/listener for privacy information.
8/6/2021 • 12 minutes, 47 seconds
Tokyo Olympics 2020: Final weekend and closing ceremony
In SGextra, hosts Rachel Kelly and Timothy Go spoke to Maz Farookhi, reporter at the BBC for some of the key highlights from the Tokyo Olympic Games as they come to a close.See omnystudio.com/listener for privacy information.
8/6/2021 • 4 minutes, 57 seconds
Covid-19 Updates: What the experts are saying
Prime Time hosts Rachel Kelly and Timothy Go spoke to Cheryl Tan, Journalist at The Straits Times who shared why experts are not worried about Singapore’s Covid-19 situation despite the rise in active clusters. See omnystudio.com/listener for privacy information.
8/6/2021 • 5 minutes, 51 seconds
In The Spotlight: Interview with SGX CEO on earnings and outlook
In The Spotlight, hosts Rachel Kelly and Timothy Go spoke to Loh Boon Chye, CEO, SGX where he discussed the exchanges earnings and outlook for FY2022.See omnystudio.com/listener for privacy information.
8/5/2021 • 10 minutes, 28 seconds
Market Outlook and Investor Concerns According to Amundi
Joevin Teo, Head of Investments for Singapore at Amundi, joined us on Prime Time to talk about their latest outlook on markets, and taking stock of how growth concerns linked to resurgent COVID 19 cases along with inflationary pressures may be shaping where equities might lean. He also shares with us Amundi's outlook on Emerging Markets, China and Singapore. See omnystudio.com/listener for privacy information.
8/5/2021 • 11 minutes, 20 seconds
ST: The Big Story, 5 Aug
In The Straits Times’ The Big Story, assistant video editor Olivia Quay and multimedia journalist Hairianto Dirman spoke to Joshua Tong, Lawyer, Kalco Law LLC about safe distancing enforcement officers and how they are allowed to enter and search residences, even without a warrant.See omnystudio.com/listener for privacy information.
8/5/2021 • 5 minutes, 43 seconds
Tech Talk: Tencent troubles, old android devices and Instagram Youth for kids
On Tech Talk, hosts Timothy Go and Rachel Kelly spoke to Cheryl Tan, Tech Journalist, Tech360.tv about the latest happenings in the tech world, including China's crackdown on the tech space, the looming extinction of old android phones, Instagram Youth for kids, and upcoming charging stations for electric vehicles in Singapore.See omnystudio.com/listener for privacy information.
8/5/2021 • 7 minutes, 32 seconds
Eco Money: What’s driving the growth of sustainable finance bonds?
In The Spotlight, hosts Rachel Kelly and Timothy Go spoke to Elaine Tan, Senior Analyst, Refinitiv Deals Intelligence about the driving force behind the growth of sustainable finance bonds.See omnystudio.com/listener for privacy information.
8/4/2021 • 10 minutes, 56 seconds
ST: The Big Story, 04 August
On The Big Story, Multimedia correspondent Hairianto Diman and assistant video editor Olivia Quay, speak to Malaysia bureau chief Shannon Teoh on the latest in Malaysia after Prime Minister Muhyiddin Yassin told the country that he still commands the parliamentary majority and Professor Teo Yik Ying, dean of NUS' Saw Swee Hock School of Public Health on the current Covid-19 situation in Singapore.See omnystudio.com/listener for privacy information.
8/4/2021 • 9 minutes, 49 seconds
Across the ASEAN: How Thailand's COVID-19 Outbreak is Hitting Industries and Market Sentiment
Kobsidthi Silpachai, KasikornBank's Head of Capital Markets Research, joined us on Across the ASEAN to discuss the impact of resurgent COVID-19 infections on Thailand's economic outlook, and the threat it poses to its important tourism and manufacturing industries. He also talked about why Thailand's IPO pipeline is still lookin strong versus the rest of the region despite ongoing market uncertainty.See omnystudio.com/listener for privacy information.
8/4/2021 • 10 minutes, 50 seconds
Sustainable Singapore: Has Science failed to predict flood and heat intensity of climate change?
Extreme weather events have dominated the news cycle recently, and some top climate scientists have admitted they failed to predict the intensity of the German floods and the North American heat dome. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Roman Carrasco, Associate Professor, Department of Biological Sciences, NUS who shares his thoughts on this, and whether governments are making the climate crisis a priority.See omnystudio.com/listener for privacy information.
8/4/2021 • 9 minutes, 46 seconds
A Preview of Singapore 2Q Bank Earnings
Thilan Wickramasinghe, Head of Research at Maybank Kim Eng Singapore, joined us on Prime Time ahead of the earnings release of Singapore's 3 banks, where he outlined their expectations, his thoughts on the MAS lifting restrictions on dividends, and what 3 post-pandemic trends that UOB, OCBC and DBS need to be mindful of.See omnystudio.com/listener for privacy information.
8/3/2021 • 12 minutes, 21 seconds
In The Spotlight: Latest from Malaysia’s political and Covid-19 situation
In The Spotlight, hosts Rachel Kelly and Timothy Go spoke to Pushan Dutt, Professor of Economics and Political Science at INSEAD to find out more about Malaysia’s current political landscape and updates on the country's Covid-19 situation. See omnystudio.com/listener for privacy information.
8/3/2021 • 8 minutes, 20 seconds
ST: The Big Story, 3 Aug
In The Straits Times’ The Big Story, assistant video editor Olivia Quay and multimedia journalist Hairianto Dirman spoke to Professor Dean Ho, Director of the National University of Singapore's Institute for Digital Medicine about combining drugs which can be used to treat Covid-19 patients with mild to moderate disease.See omnystudio.com/listener for privacy information.
8/3/2021 • 4 minutes, 42 seconds
Powering Your Property: Tech heads snap up luxury SG properties & are integrated developments the next big thing?
In Powering Your Property, hosts Rachel Kelly and Timothy Go catch up with Nicholas Mak, Head of Research and Consultancy at ERA Real Estate about the term ‘integrated development’, and find out whether they are the next big thing Singapore. They also discuss the recent spate of buying activity in the market for Good Class Bungalows and why there is a rising demand for such landed properties.See omnystudio.com/listener for privacy information.
8/3/2021 • 9 minutes, 41 seconds
What does the proposed Keppel SPH deal mean for investors?
On Prime Time, Finance Presenter JP Ong spoke to Terence Chua, Senior Research Analyst, Phillip Securities Research to find out what the big Keppel SPH news may mean for investors.See omnystudio.com/listener for privacy information.
8/2/2021 • 6 minutes, 31 seconds
In The Spotlight: How exposed to China stocks is your portfolio?
In The Spotlight, hosts Rachel Kelly and Tim Go spoke to Abhishek Vishnoi, Asia Markets Reporter at Bloomberg and Ishika Mookerjee, Asia Stocks Reporter at Bloomberg to find out what you need to know when it comes to China stocks exposure for your portfolio. See omnystudio.com/listener for privacy information.
8/2/2021 • 10 minutes, 20 seconds
Reevaluating China Market Risks with Kaiyuan Capital's Brock Silvers
Though Greater Chinese markets saw strong gains to kick off the month of August, the recent regulatory crackdown across various sectors on the Mainland continue to cast uncertainty and nerves for investors both local and offshore. Brock Silvers, CIO of Kaiyuan Capital, joined us on Prime Time to discuss the recent developments, as well as what it may mean for both global markets and offshore investors. He also touched on the risks of a potential collapse of China Evergrande, and what risks he's mindful of when it comes to China.See omnystudio.com/listener for privacy information.
8/2/2021 • 12 minutes, 52 seconds
Latest from Parliament: Novavax Vaccine, Fake Qualifications & More
In SGExtra, hosts Rachel Kelly and Timothy Go spoke to Zakir Hussain, Singapore Editor at The Straits Times for latest updates from Parliament, including when the approval of the Novavax Covid-19 vaccine can be expected and the number of Employment Pass and S Pass holders in the ICT industry who submitted fabricated or forged education qualification certifications.
See omnystudio.com/listener for privacy information.
8/2/2021 • 8 minutes, 27 seconds
Forex Fridays: The Weaker Dollar and AUDSGD Parity
The week that was saw the once-almighty dollar continue to weaken, but UOB's Senior FX Strategist Peter Chia thinks that this is just the beginning of the USD uptrend. He joined us on Forex Fridays to talk about what else he's watching out for in terms of markers for the greenback in the month ahead, how recent market volatility in China may or may not be affecting the Yuan, along with whether or not the Singapore Dollar can even gain more ground against the Aussie after parity was broken yet again in the local currency's favor.See omnystudio.com/listener for privacy information.
7/31/2021 • 13 minutes, 57 seconds
Prudential Singapore: Launch of Wealth Solutions
In The Spotlight, Prime Time hosts Rachel Kelly and Timothy Go spoke to Dennis Tan, CEO of Prudential Singapore to find out more about their new wealth app and how the Covid-19 pandemic has shaped their product offerings. See omnystudio.com/listener for privacy information.
7/30/2021 • 9 minutes, 16 seconds
Over 2,000 new jobs as 4 global firms set up base in Punggol Digital District
Prime Time hosts Timothy Go and Rachel Kelly spoke to Jolene Ang, Journalist at The Straits Times about the new 50ha Punggol Digital District which will progressively open from 2024.
They discuss the significance of the Punggol Digital District in creating jobs of the future, and how it is configured to closely link Singapore's talent pipeline to industry needs.See omnystudio.com/listener for privacy information.
7/30/2021 • 9 minutes, 7 seconds
Highlights from the Tokyo Olympics 2020
Prime Time hosts Timothy Go and Rachel Kelly spoke to Maz Farookhi, Reporter at the BBC for some of the key highlights from the Tokyo Olympic Games. See omnystudio.com/listener for privacy information.
7/30/2021 • 7 minutes, 2 seconds
ST: The Big Story, 30 July
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to Professor Dale Fisher, senior consultant at NUH's Division of Infectious Diseases, about Singapore’s vaccine uptake and how it will affect the country's exit from phase two (heightened alert).See omnystudio.com/listener for privacy information.
7/30/2021 • 5 minutes, 38 seconds
In The Spotlight: 2nd half 2021 gold trends report
In The Spotlight, Timothy Go and Rachel Kelly spoke to Andrew Naylor, Regional CEO, APAC (ex-China) and Public Policy at the World Gold Council for an update on their latest Gold Demand Trends report. See omnystudio.com/listener for privacy information.
7/29/2021 • 10 minutes, 48 seconds
Cryptocurrency Adoption Trends in Singapore
Digital asset exchange The Independent Reserve released its inaugural Cryptocurrency Index in Singapore, finding that around 43% of Singaporeans actually own cryptocurrency, with a more positive attitude towards digital assets than even Australia. But what do they make of volatility surrounding the crypto space, and what should investors do when trying to evaluate which cryptocurrencies to favor? Raks Sondhi, Managing Director for the Independent Reserve in Singapore, joined us on Prime Time to discuss the report.See omnystudio.com/listener for privacy information.
7/29/2021 • 13 minutes, 1 second
As Indonesia becomes the epicentre of the pandemic, what preventative steps are being taken?
Indonesia has become Asia's Covid-19 epicenter, overtaking India, and on Sunday, President Joko Widodo extended the partial lockdown in parts of the country to August 2nd. On Prime Time, Rachel Kelly and Timothy Go speak to Linda Yulisman, Indonesia Correspondent, Straits Times who shares the latest on the situation in the country. See omnystudio.com/listener for privacy information.
7/29/2021 • 9 minutes, 7 seconds
Tech Talk: Chip shortage, iPhone 14 rumors & should you get the Steam Deck?
On Tech Talk, hosts Timothy Go and Rachel Kelly spoke to Soon Kai Hong, Senior Producer, Tech360.tv about the latest happenings in the tech world, including the on-going chip shortage, the new steam deck, and iPhone 14 rumours.See omnystudio.com/listener for privacy information.
7/29/2021 • 7 minutes, 41 seconds
Eco Money: Opportunities for Asia to Build a More Sustainable Future
In The Spotlight, hosts Timothy Go and Rachel Kelly spoke to Jean Ang, Managing Director, Citi APAC Markets Investors Sales and Co-Chair of Citi Singapore ESG Taskforce about a recent survey conducted by Citi into regional ESG investment product trends.See omnystudio.com/listener for privacy information.
7/28/2021 • 9 minutes, 43 seconds
Across the ASEAN: Optimism for Singapore Equities- - But What About the Rest?
Despite recent setbacks related to the resurgence of COVID-19 cases in Singapore over the last 2 months- - JPMorgan's Chief Equity Strategist for the ASEAN region Rajiv Batra thinks that upside and gains for Singapore stocks is intact -- as long as investors vax and relax. But what about the rest of the region - -with sentiment dashed by even higher resurgences of COVID infections? Mr Batra joined us on Across the ASEAN to discuss.See omnystudio.com/listener for privacy information.
7/28/2021 • 12 minutes, 3 seconds
ST: The Big Story, 28 July
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to ST’s Malaysia correspondent, Hazlin Hassan about the challenges front-liners there face and an update on the Covid-19 situation in the country. See omnystudio.com/listener for privacy information.
7/28/2021 • 4 minutes, 29 seconds
Sustainable Singapore: Building resilient timber supply chains with DNA testing
In order to tackle the illegal logging trade in supply chains, and to protect forests from deforestation, Singapore company Double Helix Tracking Technologies, developed and commercialized DNA testing for wood. On Sustainable Singapore, Rhianne Lovell-Boland speaks with Darren Thomas, Co-founder & CEO of the company who shares more on how it all works and what more needs to be done to increase sustainable forest management.See omnystudio.com/listener for privacy information.
7/28/2021 • 11 minutes, 25 seconds
GE’s Green Plan and Green Power Strategy
Prime Time's Rachel Kelly and Timothy Go spoke to Kazunari Fukui, Region General Manager, GE Power Services, Asia-Pacific about GE Power Services' thoughts on clean energy trends and the impact this is having on their business. See omnystudio.com/listener for privacy information.
7/28/2021 • 7 minutes, 28 seconds
The Month that Was for Singapore Stocks and Possible Hope for Aviation Plays
Less than a week after Singapore renewed Phase 2-HA social restrictions to contain the surge in COVID infections linked to the KTV cluster and the Jurong Fish Port -- officials set out a roadmap that could see activities and travel normalized for fully vaccinated individuals. Terence Wong, CEO of Azure Capital, joined us to talk about what this may mean for Singapore's battered aviation stocks. He also contrasted the different restructuring moves for Sembcorp Marine and Capitaland, along with what he's looking out for this earnings season.See omnystudio.com/listener for privacy information.
7/27/2021 • 13 minutes, 26 seconds
ST: The Big Story, 27 July
In The Straits Times’ The Big Story, assistant video editor Olivia Quay and multimedia journalist Hairianto Dirman spoke to Dr Geraldine Tan, director and principal psychologist of The Therapy Room about the points that stood out for her from Education Minister Chan Chun Sing’s ministerial statement on the River Valley High School incident in Parliament.See omnystudio.com/listener for privacy information.
7/27/2021 • 7 minutes, 24 seconds
Lloyd Austin comes to Singapore and US-China Relations
In The Spotlight, Rachel Kelly spoke to Curtis Chin, Senior Fellow at Milken Institute about US-China relations as well as the US Defense Secretary, Lloyd Austin is visit to Singapore, in a move seen as reaffirming the importance of South-east Asia in Washington’s Indo Pacific strategy.
See omnystudio.com/listener for privacy information.
7/27/2021 • 13 minutes, 9 seconds
Bridging the design and delivery gap during the heart of Covid-19
In Powering Your Property, Prime Time's Tim Go spoke to Lee Pui Kheng, Senior Project Manager, Unispace about bridging the design and delivery gap during the pandemic.
Over the last year, a spate of movement restrictions led to Singapore’s construction industry being impacted by multiple delays.
Global workspace design specialist Unispace was tasked with revamping the Asia Pacific hub of medical device specialist Boston Scientific during the Phase 2 period.See omnystudio.com/listener for privacy information.
7/27/2021 • 8 minutes
The Singapore Economy: A Macro & Micro Survey in COVID Times
Though a 3Q setback is possible thanks to the reimposition of Phase 2-HA restrictions, the Singapore economy is still expected to bounce back this year, from a macro perspective. But on a micro scale, what costs are the vulnerable sectors possibly bearing? Song Seng Wun, Economist at CIMB Private Banking, joined us on Prime Time to discuss.See omnystudio.com/listener for privacy information.
7/26/2021 • 13 minutes, 2 seconds
First hearing to probe US Capitol attack & Peru gets a new president
In The Spotlight, hosts Timothy Go and Rachel Kelly spoke to Rich Preston, Senior Journalist/Presenter, BBC World Service about the global headlines they're tracking in the week ahead.
See omnystudio.com/listener for privacy information.
7/26/2021 • 6 minutes, 13 seconds
Latest from Parliament: MTF update on the Government's Covid-19 response
On SGExtra, hosts Rachel Kelly and Timothy Go spoke to Zakir Hussain, Singapore Editor, The Straits Times about the multi-ministry task force’s update in Parliament.
On Monday, Health Minister Ong Ye Kung, Trade and Industry Minister Gan Kim Yong and Finance Minister Lawrence Wong gave an update on the Covid-19 situation.
These include the Government's long-term strategy for when Covid-19 becomes endemic, as well as its vaccine strategy.
See omnystudio.com/listener for privacy information.
7/26/2021 • 9 minutes, 43 seconds
Forex Fridays: Safe Havens and Economic Pressures on the AUD and SGD
Signs of risk-off sentiment bolstered safe haven currencies like the greenback and the Japanese Yen, while COVID-19 concerns weighed on sturdier currencies like the Australian Dollar and the Singapore Dollar in recent times. Khoon Goh, Head of Asia Research at ANZ, spoke to us on Forex Fridays about the week that was for these currencies, and which ASEAN FX may be most vulnerable to the global COVID resurgence.See omnystudio.com/listener for privacy information.
7/24/2021 • 8 minutes, 4 seconds
What does the regional covid-19 situation mean for recovery?
On Prime Time, Rachel Kelly and Timothy Go speak to Anwita Basu, Head of Asia Country Risk, Fitch Solutions who shares more on what returning to Phase 2 (Heightened Alert) means for Singapore's economy and what rising Covid-19 infections in the region means for the road to recovery. See omnystudio.com/listener for privacy information.
7/23/2021 • 9 minutes, 41 seconds
Tokyo prepares for an Olympics like no other
On Prime Time, Rachel Kelly and Timothy Go speak to Peter Ross, Broadcast Journalist, BBC World Service to get the latest on the Tokyo 2020 Olympics opening ceremony and expectations for the most troubled Olympic games in recent history. See omnystudio.com/listener for privacy information.
7/23/2021 • 3 minutes, 48 seconds
Ministry of Finance announces $1.1B relief package for Phase 2 (HA)
On Prime Time, Rachel Kelly and Timothy Go speak to Choo Yun Ting, Journalist, The Straits Times who shares the details on The Ministry of Finance's $1.1 billion support package for firms and workers - to help them through the return to phase 2 heightened alert.See omnystudio.com/listener for privacy information.
7/23/2021 • 6 minutes, 54 seconds
Inside Hong Kong: Former Apple Daily editor-in-chief arrested & Doxxing debates begin
Prime Time's hosts Timothy Go and Rachel Kelly speak to Claire Huang, Hong Kong correspondent for The Straits Times for the latest updates from the territory. This week, Hong Kong police arrested the former executive editor-in-chief of the now-closed pro-democracy Apple Daily tabloid. Also, Hong Kong’s legislature began debating new legal rules that would criminalize doxxing, which has worried the likes of Google and Facebook.See omnystudio.com/listener for privacy information.
7/23/2021 • 8 minutes, 23 seconds
Assessing Market Volatility and Broader Risks from Evergrande
There have been some signs of volatility starting to creep up across markets once again. Meanwhile, Mainland Chinese markets seem to be on better footing in the second half of the year, though mounting concerns from a potential collapse of one of China's biggest developers lurk. Peter Chun, founder of Silverbear Capital, joined us on Prime Time to talk about his outlook for emerging markets amidst this volatility, along with the potential fallout of Evergrande's collapse for Greater Chinese markets.See omnystudio.com/listener for privacy information.
7/22/2021 • 12 minutes, 30 seconds
Across the ASEAN: COVID-19 Whallops Indonesia Again
The resurgence of COVID-19 infections in Indonesia sees the region's largest economy overtake India as the new epicenter for the coronavirus, and thwarts efforts by Jakarta to reopen the economy. Wellian Wiranto, OCBC Economist who covers Indonesia, joined us on Across the ASEAN to discuss the recent lockdown's implications on Indonesia's economic outlook.See omnystudio.com/listener for privacy information.
7/22/2021 • 7 minutes, 24 seconds
Tech Talk: Chrome security risk, Netflix's gaming strategy & how Whatsapp group calls are changing
On Tech Talk, Rachel Kelly and Timothy Go speak to Cheryl Tan, Senior Writer, Tech360.tv who shares the latest from the tech sector including; a potential security issue with the Chrome browser, updates with Netflix venturing into the gaming sector and Whatsapp updating its group calling feature.See omnystudio.com/listener for privacy information.
7/22/2021 • 6 minutes, 33 seconds
Eco Money: What are 'brown' or transition bonds?
Most of us have heard of Green Bonds and Blue Bonds, but are not so familiar with ‘Brown Bonds’ or Transition Bonds. On Eco Money, Rachel Kelly and Timothy Go speak to Helge Muenkel, Head of Asia Pacific, Sustainable Finance & Global Capital Markets, ING who shares more what they are, and how significant the sector is.See omnystudio.com/listener for privacy information.
7/21/2021 • 9 minutes, 5 seconds
ST: The Big Story, 21 July
In The Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to Angie Chew, founder of Brahm Centre, who discusses how family and friends can spot early signs of psychological distress among teenagers, as Students from River Valley High School returned to campus and also Dr Leong Hoe Nam from the Rophi Clinic weighs in on what must be done to encourage more seniors to sign up for their Covid-19 jabs.See omnystudio.com/listener for privacy information.
7/21/2021 • 12 minutes, 44 seconds
Sustainable Singapore: Funding the alternative protein scene
With consumers wanting to bring down their carbon footprint by reducing their meat intake, the alternative-protein space is growing rapidly. Big Idea Ventures has recognised this and launched its New Protein Fund which supports early-stage food companies to build, test, and prepare for growth. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Christian Cadeo, Managing Partner for Asia, Big Idea Ventures who shares more about the alternative protein scene and how the fund supports food businesses. See omnystudio.com/listener for privacy information.
7/21/2021 • 13 minutes, 36 seconds
Businesses call for more support amid tightened Covid-19 measures
From tomorrow until the 18th August, Singapore will return to phase 2 heightened alert. Dining in will not be allowed during this period, among other restrictions.
Rachel Kelly and Timothy Go speak to Kurt Wee, President, Association of Small and Medium Enterprises who shares more on the challenges businesses face and the kind of support they require with the return to Phase 2 heightened alert.See omnystudio.com/listener for privacy information.
7/21/2021 • 8 minutes, 36 seconds
Of Investing Wants, Changing Needs, and Possible Market Complacency
Qontigo uses a model to track investor decisions, and if they're either driven by positive wants of returns from sectors or companies, or if they're driven by the needs to mitigate or de-risk. The model though sees that de-risking needs may be hinting at a rockier road ahead for investors. Olivier d'Assier, Head of Applied Research for the APAC region at Qontigo, spoke to us on Prime Time about what their most recent findings mean for markets in the region, and why volatility matters for investors.See omnystudio.com/listener for privacy information.
7/19/2021 • 12 minutes, 37 seconds
In The Spotlight: Singapore home sales dropped for a third straight month
In The Spotlight, Rachel Kelly and Timothy Go spoke to Faris Mokhtar, journalist at Bloomberg to discuss the latest happenings in Singapore’s property market.
Singapore home sales dropped for a third straight month as tightened pandemic restrictions cooled a rebound in the property market. According to the latest figures from the Urban Redevelopment Authority, developers sold 872 units last month, down 2.6 per cent from 895 units in May.
See omnystudio.com/listener for privacy information.
7/19/2021 • 7 minutes, 37 seconds
Singapore's largest active Covid-19 clusters: KTVs & Jurong Fishery Port
On SGExtra, hosts Timothy Go and Rachel Kelly spoke to Zakir Hussain, Singapore Editor at The Straits Times to find out about the latest on the Covid-19 clusters here in Singapore. See omnystudio.com/listener for privacy information.
7/19/2021 • 5 minutes, 59 seconds
Forex Fridays with Exinity's Han Tan
2Q GDP prints from both Singapore and China marked a fairly busy week for markets, while COVID uncertainties across the region continue to persist. Han Tan, Exinity's Chief Market Analyst, joined us on Forex Fridays to talk about how this may be impacting forex markets, and if a flight to safety will continue to favor haven currencies like the Japanese Yen.See omnystudio.com/listener for privacy information.
7/18/2021 • 12 minutes, 2 seconds
Employees in Singapore are disengaged - what managers need to do to combat this
According to the Achievers inaugural Asia Pacific ‘Engagement and Recognition @ Work’ Report, only 12% of employees surveyed strongly agree that they “feel engaged” in their overall work experience.
In The Spotlight, hosts Timothy Go and Rachel Kelly spoke to Matt Seadon, Managing Director, Asia Pacific at Achievers to find out more. See omnystudio.com/listener for privacy information.
7/16/2021 • 7 minutes, 41 seconds
Efforts to combat racial microaggressions in Singapore: ST Webinar panellist
A recent uptick in race-related disputes and incidents here in Singapore has led to greater discussion of issues surrounding race.
In a webinar earlier this week, The Straits Times Singapore Editor Zakir Hussain and a panel of guests came together to discuss how best to tackle these issues.
On SGExtra, Timothy Go and Rachel Kelly spoke to Hariz Baharudin, journalist at the Straits Times to find out more about that discussion.See omnystudio.com/listener for privacy information.
7/16/2021 • 7 minutes, 48 seconds
Assessing Singapore and China's GDP Releases Along with ASEAN COVID Risks
China's 2Q GDP figures came in below market expectations, while Singapore's Advanced 2Q GDP print shrank 2% on a sequential basis. On top of that, resurgent COVID-19 cases continue to bear hard on Southeast Asia's major economies. Ong Sin Beng, JPMorgan's Chief Economist for the ASEAN region, joined us to talk about the recent GDP releases, and which economies in the region may be most vulnerable to the resurgent COVID risks.See omnystudio.com/listener for privacy information.
7/15/2021 • 7 minutes, 31 seconds
Latest on the political and Covid-19 situation in Malaysia
Malaysia has reported a record number of Covid-19 cases for a third straight day.
And, in other headlines out of Malaysia today, the government is looking into relaxing restrictions for those who are fully vaccinated, including allowing people to travel or dine at restaurants.
In The Spotlight, hosts Timothy Go and Rachel Kelly spoke to Dr Mustafa Izzudin, Senior Analyst in Social and International Affairs, Solaris Strategies Singapore to find out more.See omnystudio.com/listener for privacy information.
7/15/2021 • 10 minutes, 23 seconds
China's 2Q GDP Figures and Signs of The Economic Rebound Peaking
Commerzbank Economist Hao Zhou projected that China's 2Q GDP figures would come in at 7.9% -- exactly what was reported by officials in the Mainland. Still - -that came in slightly lower than what other economists were expecting, despite Retail Sales and Industrial Production coming in better than expected in June. We spoke to Hao Zhou on Prime Time to get his thoughts on China's GDP print, and how this is shaping his full year forecast for the Chinese Yuan.See omnystudio.com/listener for privacy information.
7/15/2021 • 13 minutes
ST: The Big Story, 15 July
In The Straits Times’ The Big Story, multimedia journalist Hairianto Dirman spoke to the Dean of NUS' Saw Swee Hock School of Public Health, Professor Teo Yik Ying about the Covid-19 developments from the growing KTV cluster. See omnystudio.com/listener for privacy information.
7/15/2021 • 6 minutes, 54 seconds
China's cryptomining crackdown & Nintendo Switch OLED: to switch or not?
From crypto-mining, to Microsoft's Windows 11 and the new Nintendo Switch's 7-inch OLED display. In Tech Talk, hosts Timothy Go and Rachel Kelly spoke to Kai Hong Soon, journalist, Tech360.tv’s to make sense of the tech headlines out this week.See omnystudio.com/listener for privacy information.
7/15/2021 • 9 minutes, 47 seconds
Across the ASEAN: Singapore's Advanced 2Q GDP Numbers
While the Singapore economy grew by 14.6% year on year in the second quarter -- it still contracted by 2% as compared to the first 3 months of the year. How big a part did the restrictions of May and June play in the slight 2Q headwinds? Selena Ling, OCBC's Chief Economist and Head of Treasury Research, helped us break down the numbers on Across the ASEAN, and tell us why the economy still has a chance to beat the government's outlook.See omnystudio.com/listener for privacy information.
7/14/2021 • 11 minutes, 7 seconds
Eco Money: Climate change now tops risk concern lists for Asia-Pacific banks: survey
On Eco Money, Rachel Kelly and Timothy Go spoke to David Scott, EY Asia-Pacific Financial Services Risk Management Leader about regional banks’ chief risk officers attitudes to climate change.
According to a recent study by EY and the Institute of International Finance 90% of Asia-Pacific banks’ chief risk officers view climate change as the top emerging risk in the next five years.See omnystudio.com/listener for privacy information.
7/14/2021 • 7 minutes, 51 seconds
ST: The Big Story, 14 July
In a special edition of The Big Story’s ST Connect webinar, Singapore editor Zakir Hussain spoke to a panel of guests about how Singapore can tackle racism meaningfully.The discussion explores what individuals and groups can do to improve understanding and strengthen trust among people of different races.
Panellists include Mr Edwin Tong, Minister for Culture Community and Youth, Mr Leonard Sim, general secretary, hash.peace and youth advocate, OnePeople.sg, Mr Hafez Sorouri, grassroots activist and youth advocate, OnePeople.sg, Dr Shahira Abdullah, Nominated MP and Member, National Youth Council and Tamilavel, news editor and digital editor, Tamil MurasuSee omnystudio.com/listener for privacy information.
7/14/2021 • 7 minutes, 21 seconds
Sustainable Singapore: Tackling plastic waste and circularity challenges in Southeast Asia
Despite a global push for reducing single-use plastics, as much as 11 million metric tonnes of plastic waste enters oceans annually. To tackle this, The Incubation Network has launched a new initiative to fast-track startup solutions. On Sustainable Singapore, Rhianne Lovell-Boland speaks to Simon Baldwin, Director of The Incubation Network and Global Head of Circularity for SecondMuse who shares more about its goals and how it all works.See omnystudio.com/listener for privacy information.
7/14/2021 • 12 minutes, 27 seconds
The Year that Was for Temasek Holdings
Temasek Holdings reported a 24.5% jump in Total Shareholder Return, with investments and divestments also hitting record levels. Fock Wai Hoong, Temasek's Managing Director for Investments in Southeast Asia and the Technology, Media and Telco Unit, joined us on Prime Time to discuss Temasek's impressive year, what investment trends the group is tracking, and how they plan to navigate market uncertainty with inflation fears and tighter monetary support layered on top of lingering COVID risks.See omnystudio.com/listener for privacy information.
7/13/2021 • 17 minutes, 44 seconds
The UK's Covid-19 restrictions set to be lifted when cases are rising
The UK is approaching what some are calling “freedom day” on Monday July 19th, when Covid-19 restrictions are set to be lifted.
In The Spotlight, hosts Timothy Goh and Rachel Kelly speaks to Emma Revell, Head of Public Affairs, Institute of Current Affairs to find out more.See omnystudio.com/listener for privacy information.
7/13/2021 • 7 minutes, 45 seconds
Powering Your Property: New CEO Marcus Chu shares his plans for ERA Realty
From forex trading to insurance, and working at an engineering firm, Marcus Chu, the newly minted CEO of ERA Reality has had a varied career before arriving at ERA Singapore 25 years ago.
On Powering Your Property, he joins Prime Time hosts, Timothy Goh and Rachel Kelly to share his plans for ERA Realty in the year ahead.See omnystudio.com/listener for privacy information.
7/13/2021 • 8 minutes, 52 seconds
ST: The Big Story, 13 July
In The Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to Associate editor Vikram Khanna about Temasek Holding’s annual review released on Tuesday.See omnystudio.com/listener for privacy information.
7/13/2021 • 4 minutes, 29 seconds
In The Spotlight: Zomato’s IPO & billionaire Richard Branson heading to space
From a global Covid-19 vaccine update, to Zomato’s IPO and Richard Branson heading to space - Prime Time’s Timothy Go and Rachel Kelly spoke to Rich Preston, Senior Journalist/Presenter, BBC World Service to discuss the headlines he is tracking in the week ahead.See omnystudio.com/listener for privacy information.
7/12/2021 • 9 minutes, 47 seconds
Are Market Jitters Over The Economic Recovery Peaking Valid?
Last week - - markets showed signs of worry as safe havens like US Treasuries and the Yen found favor from investors seeking cover. But are concerns about the global economic recovery peaking valid? And are market concerns a bit of an overreaction? Mark Matthews, Head of APAC Research at Julius Baer, joined us on Prime Time to discuss the firm's recent macroeconomic musings, and what economies in Asia are best and worst positioned to handle the resurgence of COVID-19 infections.See omnystudio.com/listener for privacy information.
7/12/2021 • 11 minutes, 55 seconds
ST: The Big Story, 12 July
In The Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to ST Journalist Timothy Goh about his experience shadowing the volunteers from the People's Association as they go door to door to talk to the elderly about vaccines and address their concerns.See omnystudio.com/listener for privacy information.
7/12/2021 • 5 minutes, 24 seconds
One year post GE2020: Highlights from our political landscape & what's next?
Slightly over a year ago, Singaporeans headed to the polls in General Election 2020. So, what are our politicians doing one year after GE2020? How have the events of a year ago reshaped politics for the longer term? And, what’s next?
On SGExtra, Prime Time's Timothy Go and Rachel Kelly spoke to Zakir Hussain, Singapore Editor, The Straits Times to find out more.See omnystudio.com/listener for privacy information.
7/12/2021 • 7 minutes, 23 seconds
Forex Fridays: Assessing the Recent Flight to Safe Havens
The week that was saw markets look a bit more jittery than they have in recent months - -with safe havens like US Treasuries and the Japanese Yen finding favor once more. Vishnu Varathan, Mizuho's Head of Economics and Strategy, joined us on Forex Fridays to discuss the safe haven play, how the COVID resurgence in Thailand is hitting the Baht, and the currencies he's watching in the second half of the year.See omnystudio.com/listener for privacy information.
7/11/2021 • 11 minutes, 14 seconds
In The Spotlight: How to invest physical Gold, digitally
On Prime Time, Rachel Kelly and Timothy Go spoke to Victor Foo, CEO and Co-Founder of SGPMX who shared more on the world's first 100 percent physically-backed precious metals exchange, and how investors can get involved. See omnystudio.com/listener for privacy information.
7/9/2021 • 9 minutes, 27 seconds
ST: The Big Story (09 July)
In The Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to ST's Japan Correspondent, Walter Sim on what led Japanese officials to change their mind to suddenly to ban all domestic spectators from the Olympics. See omnystudio.com/listener for privacy information.
7/9/2021 • 6 minutes, 47 seconds
Debunking misconceptions about CECA
One particularly contentious issue that was talked about extensively in Parliament this week is the Comprehensive Economic Cooperation Agreement between India and Singapore, or Ceca. On Prime Time, Rachel Kelly and Timothy Go speak to Grace Ho, Senior Political Correspondent, The Straits Times who shares more on what CECA is, and the highlights from the debate in debunking some of these misconceptions.See omnystudio.com/listener for privacy information.
7/9/2021 • 7 minutes, 33 seconds
The Breakdown in OPEC+ Talks and How Its Impacting Crude Futures
WTI and Brent Crude have been on a 3-day losing streak -- after OPEC+'s recent talks broke down - -with concerns that this may result in an unruly return of output and spark a potential price war. But how did talks break down? VIctor Shum, VP at IHS Markit-- joined us on Prime Time to discuss why talks broke down, and what the biggest factors are for oil markets in the second half of the year.See omnystudio.com/listener for privacy information.
7/8/2021 • 10 minutes, 29 seconds
Inside Hong Kong: 9 arrested over 'car bomb' plot & plans for a potential travel corridor
Prime Time's hosts Timothy Go and Rachel Kelly speak to Claire Huang, Hong Kong correspondent for The Straits Times for the latest updates from the territory.
This week, Hong Kong police arrested nine people on suspicion of engaging in terrorist activity, after uncovering an attempt to make explosives and plant bombs across the city.
Also, the city's government says it will assess Singapore's new Covid-19 strategy as the two sides try to revive a quarantine-free travel corridor that was initially planned to open last November but never got off the ground.
See omnystudio.com/listener for privacy information.
7/8/2021 • 4 minutes, 35 seconds
ST: The Big Story, 8 July
In The Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to ST's Malaysia bureau chief Shannon Teoh about the political uncertainty there as Umno on Wednesday resolved to withdraw its support for the Prime Minister and called for his resignation.See omnystudio.com/listener for privacy information.
7/8/2021 • 6 minutes, 16 seconds
Tech innovations & vaccine passports .. what’s the connection?
On Tech Talk, hosts Timothy Go and Rachel Kelly speak to Tech 360.tv producer Cheryl Tan for the latest tech round up this week.
Earlier this week, the European Union officially launched a digital vaccine passport. It shows proof of vaccination, negative test result, or past infection
And, more details for those who are in the market for an affordable 4K UHD smart TV.See omnystudio.com/listener for privacy information.
7/8/2021 • 11 minutes, 18 seconds
Sustainable Singapore: Mitigating the impact of air travel on the environment
On Sustainable Singapore, Rhianne Lovell-Boland speaks to Haresh Khoobchandani, Vice President, Autodesk, Asia Pacific on how the company is collaborating with Airbus to mitigate the impact of air travel on the environment, and how generative design is being implemented to tackle sustainability in other sectors. See omnystudio.com/listener for privacy information.
7/8/2021 • 11 minutes, 51 seconds
Across the ASEAN: Another Month of Lockdown Uncertainties in Malaysia
Investor sentiment and overall morale are being tested by another extension of Malaysia's lockdown measures, as the country continues to toil against the most recent COVID-19 outbreak. Anand Pathmakanthan, Head of Regional Equity Research at Maybank KE Malaysia, joined us on Across the ASEAN to talk about the impact these recent measures are having on both the economy and markets, what the Bank Negara Malaysia might do when they make their Thursday decision, and what the race for Malaysia's digital banking licenses means for markets.See omnystudio.com/listener for privacy information.
7/7/2021 • 13 minutes, 3 seconds
Digitalization in the built environment
On Prime Time, host Rachel Kelly finds out how digitalisation is shaking up the built environment in a special interview with Dr Teo Ho Pin, Former Member of Parliament, Bukit Panjang Constituency, Honorary Advisory, Singapore Institute of Building Limited.See omnystudio.com/listener for privacy information.
7/7/2021 • 17 minutes, 39 seconds
Eco Money: Can can investors determine the authenticity of an ESG fund?
This year, ESG funds have been the hot topic. But - How can investors determine the authenticity of an ESG fund?
For example, does adding the word “sustainability” to a fund really make it sustainable?
And how do they avoid issues such as greenwashing?
On Eco Money, Rachel Kelly and Timothy Go spoke to Edris Boey, Head of ESG Research at Maitri Asset Management to find out more. See omnystudio.com/listener for privacy information.
7/7/2021 • 10 minutes, 21 seconds
ST: The Big Story, 7 July
In The Straits Times’ The Big Story, assistant video editor Olivia Quay spoke to Professor Teo Yik Ying, dean of NUS' Saw Swee Hock School of Public Health for his insights on Singapore’s further reopening following an improvement in its Covid-19 situation. See omnystudio.com/listener for privacy information.
7/7/2021 • 7 minutes, 47 seconds
In The Spotlight: Breakdown in OPEC+ talks & the Fed's meeting minutes
In The Spotlight, hosts Timothy Goh and Rachel Kelly spoke to Pushan Dutt, Professor of Economics and Political Sciences, INSEAD on regional breaking headlines - including the impact of the latest OPEC+ talks and the Fed’s upcoming meeting minutes. See omnystudio.com/listener for privacy information.
7/6/2021 • 8 minutes, 37 seconds
The Case for Gold in the 2nd Half of the Year
Gold prices have had a rocky first half of the year, with inflation fears bolstering the precious metal at the start of April, only for spot prices to tumble after the Fed took on a more hawkish stance. Robin Tsui, Gold Strategist for State Street Global Advisors, still thinks there's some upside for Gold given expectations that the dollar's recent resurgence will be short-lived. He spoke to us on Prime Time discuss what he's tracking.See omnystudio.com/listener for privacy information.
7/6/2021 • 7 minutes, 14 seconds
How Australia's Recent COVID-19 Flare-Up is Impacting Markets Down Under
Despite the RBA sounding rather dovish in its recent policy decision, the ASX 200 still fell on Tuesday. Shane Oliver, AMP Capital's Head of Investment Strategy and Chief Economist, spoke to us on Prime Time about how COVID-19 infections may be affecting Australia's economic and market outlook, along with his thoughts on whether commodity markets are headed for a supercycle.See omnystudio.com/listener for privacy information.
7/6/2021 • 14 minutes, 39 seconds
What's shaping Singapore's property market in the second half of 2021?
Public and private property prices have been on the rise in the past few months.What’s driving this trend, and how prices are expected to move in the second half of the year?
Ismail Gafoor, CEO, Propnex Realty joins hosts Timothy Go and Rachel Kelly in Powering Your Property to tell us more.See omnystudio.com/listener for privacy information.
7/6/2021 • 7 minutes, 58 seconds
Market View: Singapore PMI figures & outlook for Singapore’s three lenders
Shekhar Jaiswal, Head of Equity Research, RHB Singapore shares why RHB is overweight on Singapore's three lenders, and his top stock picks. See omnystudio.com/listener for privacy information.
7/6/2021 • 10 minutes, 24 seconds
In The Spotlight: What's happening in the world of Cryptocurrency?
In The Spotlight, Joanna Ossinger, Markets Editor, Bloomberg joins hosts Timothy Goh and Rachel Kelly to discuss the latest Bitcoin headlines.
See omnystudio.com/listener for privacy information.
7/6/2021 • 9 minutes, 3 seconds
Additional $1.2b Covid-19 support measures: How will Singapore firms & workers benefit?
On Prime Time's new SGExtra segment, hosts Tim Go and Rachel Kelly spoke to Zakir Hussain, Singapore Editor at The Straits Times about the latest updates and key issues discussed in Parliament on Monday.
Finance Minister Lawrence Wong announced that additional support measures for the recent period of heightened alert are expected to cost $1.2 billion.See omnystudio.com/listener for privacy information.
7/5/2021 • 8 minutes, 9 seconds
Forex Fridays: How Resurgent COVID Cases is Impacting FX Markets
Resurgent COVID-19 cases across the ASEAN and Australia have prompted lockdown extensions and reimpositions. But how might this affect the region's currencies? Han Tan, Chief Market Analyst at FXTM, joined us on Forex Fridays to discuss its potential impact, and what he's tracking heading into the second half of the year.See omnystudio.com/listener for privacy information.