The Afternoon Update with Lynlee Foo

The Urban Redevelopment Authority announced a second-half confirmed list of the Government Land Sales programme that would bring total supply in 2024 to levels highest in a single year since 2013, and, with the government’s plans to continue to release a steady supply of private housing in future GLS programmes to cater to demand, what will this mean for the collective sale market? Nicholas Mak, Chief Research Officer of property search portal Mogul.sg joining Lynlee Foo to share more insights.

As Singapore begins trials for battery charging and swapping and mobile charging systems for electric heavy goods vehicles (e-HGVs) in the second half of 2024, Industry Insight takes a look at mobile EV charging services and how such solutions are addressing gaps in the charging ecosystem. Chin Kee Min. Co-founder & CEO of Power-Up Tech or PUP, shares more with  Lynlee Foo including the company’s expansion into Malaysia to provide Singapore EV drivers more convenience.

Go on a global gastronomic journey at the annual World Food Fair event, from Thursday, July 4th till Sunday July 7th.  What’s in store this year at one of Singapore's largest and longest-running consumer food shows?  Paul Lee, Chief Executive of Markets at Constellar, tells us more.

The Singapore-Johor Causeway, one of the busiest border crossings in the world, turns 100 today (Jun 28, 2024). Francis E. Hutchinson, Senior Fellow and Coordinator of the Malaysia Studies Programme, ISEAS – Yusof Ishak Institute, talks to Lynlee Foo about how it came to be and what the century-old land crossing means to Singaporeans and Malaysians.

Virtual productions allow filmmakers, cinematographers, directors, producers and creatives to shoot in-camera VFX using LED technology whilst exploring the technological landscape that's revolutionising the visual effects industry. It combines both physical and virtual film-making techniques, so visual effects can be shot on-camera instead of edited in during post-production. Recently, a former power station at 25 Pasir Panjang Road, has been given new life as a pioneering studio called X3D studio, the largest facility of its type in South-east Asia that will employ the same virtual production technology used to create the immersive settings seen in visually arresting productions. Karen Seah, co-founder of X3D Studio tells us more about virtual productions and how it is changing the media and entertainment sector in Singapore. 

Shane Oliver, Head of Investment Strategy & Chief Economist, AMP Capital, discusses with Sean Cheong about some of  the major stories that impacted the market this week, if the week's dip in the Tech and AI sector is a pullback or "buy the dip" opportunity, the impact of the weak yen's on Asian Markets, Guzman's IPO and why his call of the week is in treasury bonds. 

According to Savills World Research, office occupancy rates in Asia Pacific are the highest in the world at 88%. In contrast, Europe and North America occupancies are below 60% with major US cities such as San Francisco and Los Angeles still below 50% occupancy. Why the big difference between Asia Pacific and the West? What does this mean in terms of the office property sector? Alan Cheong, Executive Director, Research & Consultancy, Savills Singapore, offers his views. 

Stablecoins are a type of cryptocurrency pegged to other assets, designed to minimise the volatility often associated with cryptocurrencies which would make them better for use in transactions. On Industry Insight, we take a look at emerging trends and how stablecoins will play an increasingly important role in the future with Hassan Ahmad, Coinbase’s Singapore Country Director.

Kavita Gandhi, Executive Director of SEAS and Christophe Inglin, Vice-Chairman, SEAS/Managing Director, Energetix speak with Rachel Kelly about the latest developments in the regional renewable energy industry. 

Recently, it was announced that the site at Bukit Timah's Turf City will be developed into a new residential enclave with up to 20,000 private and public homes. The announcement marks the first time that public housing has been planned in Bukit Timah since the Toh Yi estate was built about 40 years ago. Professor Sing Tien Foo, the Provost's Chair Professor at the Department of Real Estate, NUS Business School, shares his views on what sort of impact this would bring to the area and if it would be game changer to Public Housing in future.