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.
SEP 26, 2024
26/09/24 - Industry Insight: Why sustainability rules in Singapore's self-storage sectorWhenever there are major changes, be it to a business or one's life, having storage space can be an essential solution. The self-storage sector has been seeing a remarkable ascent in recent years with more players entering the market. As the demand for self-storage in Singapore grows more robust, bolstered by e-commerce growth, evolving work dynamics, and a growing emphasis on environmental, social and governance (ESG) considerations, what are the current trends in the self-storage landscape?
Jes Johansen, CEO from leading self-storage operator Storefriendly shares more insights about the sector, and explains why the company is in the right space by giving old buildings an 'elegant end-of-lease life' experience to provide storage solutions.
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13:45
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SEP 26, 2024
26/09/24 - Viewpoint: Record-high COE premiums will rise further this year. Here’s why.Certificate of entitlement (COE) premiums climbed across most categories at the latest round, with the Open category recording the biggest rise to hit $113,104, the highest levels since December 2023.
At $98,524, the price of a Category A COE for smaller and less powerful cars and electric vehicles, hit a record high in 2024, and the sentiment on the street is that the upward trend will continue. Lee Nian Tjoe, The Straits Times' Senior Transport Correspondent shares his views.
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14:00
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SEP 25, 2024
25/09/24 - Industry Insight: Graduate business programmes - should you pursue an MBA or an MiM?Should you pursue a graduate business degree? This question is bound to come up at some point, especially if you are a business leader or a professional wanting to accelerate your career. Recently, INSEAD's Master in Management (MiM) programme made an impressive debut, ranking #3 globally in the 2024 Financial Times rankings. While such rankings can be a strategic tool to boost an institution’s brand and reputation, what should you look out for? Is the MiM suitable for you? What's the difference between an MBA and an MiM? Professor Mark Stabile, Dean of Degree Programmes and Dean of the Europe Campus at INSEAD, shares more about INSEAD's graduate business programmes as well as how business schools are staying ahead of their game to remain relevant.
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12:31
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SEP 25, 2024
25/09/24 - ECO MONEY: Which REITS are most susceptible to the effects of climate change?According to a special report by consultancy, XDI - close to one in 10 assets belonging to Reits across Asia-Pacific will be at high risk from the effects of climate change and extreme weather by 2050.
The 2024 Singapore Governance and Transparency Index has also indicated that S-Reits commonly identified climate change as a material issue.
To get a clearer picture when it comes to the impact of climate change on Reits Rachel Kelly spoke with Lee Wei Hock, Deputy Assurance Leader, Ernst & Young LLP.
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09:21
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SEP 24, 2024
24/09/24 - Industry Insight: Buying travel insurance after you’ve left home? Now you can.Travelling is such a big pastime for many of us here in Singapore. While we all love to travel, most of us do not give much thought to buying insurance. If you often find yourself caught up with pre-travel logistics (accommodation, airport and hotel transfers, data access etc) and forget to buy travel insurance, there is now a solution. Income Insurance has recently launched FlexiTravel Plus, which is Singapore’s first and only travel insurance that enables travellers to get travel protection, as needed by the hour, to 19 Asian destinations even after you have boarded your flight. Annie Chua, Vice President and Head of Key Accounts Management at Income Insurance, shares insights on travel insurance trends and more.
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13:45
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SEP 23, 2024
23/09/24 - Industry Insight: Role of fuel additives in decarbonisationThe energy sector is changing rapidly and undergoing a disruptive transformation. As alternative fuels such as hydrogen, methanol, ammonia, and biofuel become more important in reducing global emissions, what role do fuel additives play? How are industry players supporting decarbonisation efforts?
Bruce Royan, EVP of Energy Applications at global fuel additives firm Infineum, shares some insights.
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13:41
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SEP 23, 2024
23/09/24 - Market View: SGD/MYR - Should you take a long or short position?Malaysia's ringgit is set for a blockbuster quarter in what could be its best since January 1973. It rose more than 12 per cent against the US so far this quarter and if the trend continues, the currency could become the best-performing emerging market currency. It is also up about 6 per cent against the Singapore dollar.
In the light of this development, Yeap Junrong, Market Strategist from online trading provider IG, shares his analysis and a trade idea.
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05:02
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SEP 23, 2024
23/09/24 - What's for Lunch: Why is wild Alaskan seafood so expensive?Alaska is well-known for waters that are home to the largest and healthiest populations of seafood on the planet and also known for its emphasis to preserve a healthy and sustainable marine ecosystem. It is also highly prized for its purity, taste, and nutritional value.
Chef Elvin Chew, F&B Consultant at Kiam Sng Di, a food consulting firm here in Singapore, tells us more about the attractive and expensive characteristics of Alaskan seafood.
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08:15
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SEP 20, 2024
20/09/24 - Weekly Wrap: New private home sales sink to 16-year low. What’s the outlook?Fresh URA data shows new private home sales plunging to a record 16-year low for the month of August with only 208 private homes sold. Developers held back on new launches during the seventh month of the Chinese lunar calendar, also known as the Hungry Ghost month, and the impact of elevated interest rates. Meanwhile, the leasing market remained muted for both HDB and private condominiums.
As we head into the last quarter of 2024, will the real estate market improve? Donny Lee, ERA Senior Executive Group Division Director, shares his views.
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09:13
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SEP 20, 2024
20/09/24 - Market View: Trading the USD / SGD pair post-Fed rate cutWall Street exploded to the upside as markets soared to fresh records following the Fed rate cuts. How are currencies reacting, especially the Singapore dollar, which was testing highs against the US dollar in the weeks leading up to the announcement?
Yeap Junrong, Market Strategist from online trading provider IG, gives us an update and shares an idea of how to trade the USD / SGD forex pair.
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07:27
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