The Afternoon Update with Lynlee Foo
About
Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.
APR 4, 2025
04/04/25 - Industry Insight: Abracadabra! Will Lady Gaga conjure up another tourism boom?Following the announcement of Lady Gaga’s highly anticipated return to Singapore for her Mayhem Tour, hotel bookings have surged by over 200%. This mirrors the economic impact seen with Taylor Swift’s concerts, sparking discussions about “Gaganomics.”
Edmund Ong, General Manager of Trip.com Singapore, joins us to explore the broader implications of major concerts on the hospitality and tourism sectors
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09:45
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APR 4, 2025
04/04/25 - Viewpoint: US tariffs could send the world into a recession, says INSEAD professorPresident Donald Trump’s “Liberation Day” announcement has sent shockwaves through global markets, with sweeping tariffs raising concerns over global growth. As ASEAN becomes increasingly central to both U.S. and China’s economic strategies, what will these trade moves mean for the region—and for Singapore?
Antonio Fatas, Professor of Economics at INSEAD, shares his views on the implications of the new tariffs on Southeast Asia’s economies and why Trump's move could see more integration within Asia, and an isolated US.
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18:02
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APR 3, 2025
03/04/25 - Industry Insight: Why pundits are calling the Databricks-Palantir deal an AI game-changerAI powerhouses Databricks and Palantir have joined forces, merging their AI and data intelligence platforms to reshape AI integration for enterprises. How will this major industry move help businesses scale their AI roadmap more efficiently? In what way is this partnership different from other AI and data collaborations in the market? Which sectors in Singapore and Asia will benefit most? Nick Eayrs, Databricks' Vice President of Field Engineering for Asia Pacific & Japan, shares more about the significance of this strategic alliance and its impact on the AI industry especially for companies looking to scale AI-driven operations without the usual friction.
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16:44
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APR 2, 2025
02/04/25 - Industry Insight: Navigating the complexities of compliance in an AI eraSingapore's financial institutions faced 22% more in regulatory fines in 2024 compared to 2023. As regulators turn up the enforcement heat, growth opportunities for companies looking to expand across borders could be impacted. What are the top tech trends in compliance? What should businesses consider when navigating increasing compliance complexities especially in terms of global expansion? Simon Webster, CEO of global business consulting and corporate services provider Vistra, shares insights into the evolving complexities of compliance in the AI era, emerging trends, and how companies can navigate compliance, streamline operations, and drive global growth.
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15:17
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APR 1, 2025
01/04/25 - Industry Insight: S'pore’s non-residential market. Where are the hotspots?With geopolitical tensions, a changing U.S. administration, and the upcoming URA Master Plan 2025, how will the non-residential property market be affected? Which asset classes are the most promising this year, and why? According to Edith Tay, Executive Director of real estate agency PropertyBank, there was a 35.4% jump in non-residential property purchases from 2023 to 2024, driven by institutional buyers. Edith shares more insights into the latest trends in Singapore's commercial and industrial real estate.
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14:44
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MAR 28, 2025
28/03/25 - Viewpoint: Trump Media x Crypto.com. What this partnership could mean for crypto adoptionUS President Donald Trump's media group and Singapore-based Crypto.com have teamed up to offer 'Made in America' exchange-traded funds and other products through Trump's Truth.Fi brand.
According to a statement, Trump Media & Technology Group Corp., which operates social-media platform Truth Social, will sell exchange-traded funds tied to digital assets and other US-focused investments on a platform owned by Crypto.com later this year.
What will this collaboration mean for the world of digital assets? Kay Van-Petersen, Managing Partner at strategic advisory firm Ascent Capital, shares his perspectives on the implications of this move, from crypto adoption to emerging technologies in the future of digital currencies.
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21:02
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MAR 28, 2025
28/03/25 - Industry Insight: Trends in the booming headphones market in Southeast AsiaIn Southeast Asia, market intelligence projects the revenue in the headphones industry to reach US$953.5m by 2025. With rising consumer demand for high-quality audio experiences, driven by gaming, remote work, and music streaming trends, Southeast Asia presents significant opportunities and challenges for audio brands. How are industry players stepping up their game to maintain a competitive edge? Ahead of CanJam Singapore 2025, the biggest headphone audio show in Southeast Asia, Teng Shaokai, Managing Director of Audio-Technica, Southeast Asia shares his insights into the booming world of headphones.
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15:00
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MAR 27, 2025
27/03/25 - Industry Insight: Best practices for a robust data resilience strategyData has become the lifeblood of businesses and individuals alike, and the importance of backup and data protection cannot be overstated. This World Backup Day, (31 Mar), we take a look at backup strategies in the safeguarding of enterprise data. What are the current trends for enterprise data security? How can organisations build a robust resilience strategy? Arun Kumar, Regional Director at ManageEngine, the enterprise IT management division of global technology company Zoho Corp, shares his expertise on Industry Insight.
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15:39
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MAR 26, 2025
26/03/25 - Industry Insight: The evolving mobile threat landscapeAccording to the Singapore Police Force in its latest Scams and Cybercrime report, malware-enabled scams amounted to $129.1M, which accounted for 11.6% of $1.1B lost last year.
In the evolving field of mobile security, artificial intelligence is both the most powerful defence and the biggest threat. AI is revolutionising malware design, evading traditional security measures, mimicking legitimate apps and using SMS phishing to infect devices. Even as solutions are being developed, mobile defence is moving too slowly while attackers are innovating rapidly. How are AI-driven malware attacks evolving in Singapore? What must companies do to stay ahead?
Jan Sysmans, Mobile App Security Evangelist, at Appdome, a leading mobile app security firm shares his perspectives.
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14:39
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MAR 26, 2025
26/03/25 - Good Tech: Hunting down social media scams with AI-driven technologySocial media scams are a growing concern in Singapore, with identity theft, investment scams, and shopping scams being common threats, often targeting individuals through various channels including social media. On Good Tech, we explore innovative technology that helps to keep our community safe in an increasingly digital world. Kazymir Rabier, Ibrahim Elouard, and Ramesh Gopalkrishnan, are the co-foundersof Scamhunt, a platform with a focus on AI-powered technology that is designed to empower citizens in the fight against online fraud. Find out how their platform, a gamified Telegram bot allows individuals to report scams, particularly those targeting social media users, and provides Singapore authorities with actionable data.
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10:49
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