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.
MAR 5, 2025
05/03/25 - Viewpoint: Could claims of AI chip smuggling impact M'sia's booming data centre market?Malaysia’s NationGate was caught in the fallout of Singapore’s investigation into the alleged fraudulent transfer of Nvidia’s advanced artificial intelligence chips, sending its shares crashing nearly 30 per cent on Monday (Mar 3) before trading was halted for an hour on Tuesday (Mar 4). The data centre solutions provider has denied any involvement in the ongoing fraud case. The Straits Times' Malaysia Bureau Chief, Shannon Teoh weighs in with reactions from Malaysia. Shannon also shares his views on the potential of smuggling activities for restricted technology, and the impact of the AI chips probe on Malaysia's growing electronics chips market.
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11:51
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MAR 4, 2025
04/03/25 - Industry Insight: Dialling up innovation in telecommunicationsFrom the rapid growth of IoT and the rise of 5G to the impact of generative AI and edge computing, how is the telecommunications industry harnessing the power of new technologies to propel innovation forward in the connectivity space, and enable enterprises in their digital transformation? Lin ShuFen, Head of Enterprise Mobility and IoT at Singtel Singapore, discusses current trends and the opportunities presented by 5G and edge computing, particularly in network slicing and remote device management. ShuFen also highlights the vital role of women in driving innovation and change within the telecom sector, offering a unique perspective on the future of connectivity.
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11:46
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MAR 3, 2025
03/03/25 - Industry Insight: Driving meaningful progress in food tech, sustainable nutritionSingapore is transforming its agri-food industry to produce 30 per cent of our nutritional needs locally by 2030, for greater food resilience. Advancements in food technology and innovation have made it possible for Singapore to produce more food with fewer resources.
Guo Xiuling, CEO of Nurasa, a Temasek-owned company leading the charge in food tech innovation across Asia shares the latest trends in food tech innovation, and efforts in leveraging technology and partnerships in developing sustainable nutrition. Xiuling also discusses the challenges in commercialising innovations, particularly in consumer adoption and affordability. She tells us how she is breaking barriers as a woman leader in a traditionally male-dominated space as we mark International Women's Day on March 8.
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14:23
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FEB 28, 2025
28/02/25 - Market View: Nvidia stock drops 8.5%. Why analysts are bullish on its outlook.Nvidia, the leader in AI chipmaking, reported strong earnings and an optimistic revenue forecast for the upcoming quarter. Despite this, its stock plummeted 8.5%, causing a ripple effect in the Nasdaq. What led to this unexpected drop? Isaac Lim, Chief Market Strategist at investment platform Moomoo Singapore, joins us to break down the market reaction and discuss the reasons behind the sell-off, why investor expectations were not met, and what this means for Nvidia’s future in the fast-paced tech industry.
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05:53
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FEB 27, 2025
27/02/25 - Industry Insight: Steering the shift to electric marine vesselsAs the maritime industry transitions to a low-carbon future, electrification is emerging as a game-changer as industry players pursue alternative energy solutions to reduce emissions and improve efficiency. While the momentum behind maritime electrification is buoyed by ongoing advances in technology and supportive regulatory frameworks, the transition presents a mix of opportunities and challenges.
Tan Huan Ping, Head of Drives Singapore, Danfoss Drives, a global leader in the variable speed control of electric motors shares more about how industry players are steering towards sustainable shipping including current trends and potential shifts on the horizon.
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11:16
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FEB 26, 2025
26/02/25 - Industry Insight: Risks of APAC's supply chains, and ways to mitigate themThe Asia-Pacific region, with its dynamic growth prospects and evolving trade patterns, is set to shape the future of the supply chain and logistics market. What are the critical supply chain risks in this region, and the strategies to mitigate them? How will AI transform supply chain operations? Richard Butler, Head of APAC Risk & Research at Dow Jones, shares his insights on the most pressing risks facing businesses in Asia Pacific's complex supply chains and how companies can adapt to shifting regulatory landscapes while maintaining competitiveness.
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14:28
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FEB 26, 2025
26/02/25 - Out-of-home advertising: How Target Media is reaching the heartlands in meaningful waysOut-of-Home platform owner Target Media has made remarkable growth to the Digital Out-of-Home (DOOH) space in Singapore's advertising scene. Daniel Ng, Chief Revenue Officer of Target Media, a joint venture between Focus Media Group and SPH Media joins The Afternoon Update's Lynlee Foo to explore how DOOH is reshaping brand strategies with hyper-local targeting and other unique features. Daniel also discusses the role of DOOH in complementing digital and social ads, and shares his vision for the future of the industry in a data-driven era.
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12:13
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FEB 25, 2025
25/02/25 - Industry Insight: How AI is redefining healthcareThe Asia Pacific region is fast becoming a global leader in medical technology, with artificial intelligence playing a crucial role in its transformation. From diagnostics to treatment and operational efficiency, AI is reshaping the industry in groundbreaking ways. Vikram Kapur, Head, Bain & Company’s Global Healthcare and Life Sciences Practice, shares insights on the key drivers of growth, the talent gap in AI and healthcare, and the future of medtech in the region as well as Bain & Co’s latest report on AI’s impact on medtech.
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17:04
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FEB 24, 2025
24/02/25 - Viewpoint: Budget 2025 - What it means for SMEsWith Budget 2025 introducing key measures to support small and medium enterprises (SMEs)—ranging from tax rebates to digital innovation investments—how will these initiatives help businesses navigate economic uncertainty?
Waltson Tan, Founder and Managing Director oflocal law firm 28 Falcon Law, shares his views on the strategic measures to bolster businesses and drive growth, and gives insights on what is equally important for SMEs to tap the government grants.
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13:37
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FEB 24, 2025
24/02/25 - Industry Insight: Will trade tensions impact Asia's supply chain of critical minerals?The global critical minerals industry is projected to grow significantly, driven by decarbonisation efforts and the transition to clean energy. The International Energy Agency predicts a tripling of demand for these minerals by 2030. Marc Ostwald, Chief Economist and Global Strategist at ADM Investor Services, discusses the trade tensions impacting global supply chains, particularly the US-China trade dynamic. He also shares insights into Asia's strategic position in the supply chain, noting China's control over critical minerals like lithium.
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17:41
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