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.
MAY 23, 2024
23/05/24 - Market View: How to trade Nvidia's 10-for-1 stock splitNvidia has announced a 10-for-1 forward stock split in its dazzling fiscal first-quarter earnings report.
The shares will begin trading on a split-adjusted basis at market open on June 10
What do we need to know about a stock split?
How do you trade a stock split?
Sean Cheong discusses these questions with Justin Zacks, Vice President of Strategy, Moomoo USA.
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15:52
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MAY 21, 2024
21/05/24 - Autonomous vs private university graduates: Is the disparity widening?There are signs of growing employment challenges for young graduates from private universities in Singapore. A recent survey released by government agency SkillsFuture Singapore found that for the percentage of fresh graduates from private education institutions who found jobs within six months has fallen. The disparity is further reflected in their salary levels. What are the career aspirations and expectations of young graduates? How can they overcome challenges when seeking employment? Dr Betsy Ng, education research scientist and lecturer at the National Institute of Education shares her views.
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14:21
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MAY 21, 2024
21/05/24 - Industry Insight: iFLYTEK eyes regional growth with its Singapore officeFounded in 1999, public-listed AI and speech technology provider, iFLYTEK has officially launched its new regional headquarters in Singapore which would serve as a regional hub for the company’s operations in SEA.
Since its launch in 2010, iFLYTEK Open Platform is now integrated into 591 AI technologies and solutions, covering 3.48 billion terminals and has successfully partnered with 5 million establishments globally.
William Zhou, Vice President, iFLYTEK, Open Platform BG tells us more about their latest venture in Singapore.
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10:04
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MAY 20, 2024
20/05/24 - Industry Insight: The Social Chamber - Where work meets social in Singapore's vibrant sceneNavigating Singapore's vibrant culinary landscape can be a delightful pursuit, yet nothing dampens the experience more than feeling rushed during a meal with loved ones. What if conversations linger beyond the plate?
The recently unveiled, The Social Chamber redefines the social life experience by seamlessly blending remote work functionalities with the art of socialising, all within a single, thoughtfully designed space.
Toby Cai, Founder of The Social Chamber tells us more.
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11:03
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MAY 17, 2024
17/05/24 - Market View: Echoes of the 1998 Asian Financial CrisisThe Afternoon Update producer Sean Cheong and independent economist Song Seng Wun discuss the state of the Malaysian ringgit. Is the situation similar to that of the 1998 Asian Financial Crisis, and can it recover soon?
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11:19
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MAY 17, 2024
17/05/24 - 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.
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12:48
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MAY 16, 2024
16/05/24 - Industry Insight: The future of tech in the maritime industryMaritime is a vital industry at the nexus of world trade and the global supply chain is often perceived as an invisible industry. Yet, as disruptions such as the Covid-19 pandemic and more recent events have demonstrated, maritime, responsible for carrying more than 80 percent of world trade, has a tangible impact on our daily lives.
And right here in Singapore, the Singapore Maritime Foundation (SMF) is celebrating its 20th year building strong public-private partnerships in the maritime industry.
So what will the next phase of Maritime Singapore's evolution look like?
Raymond Tan, Founder, OHceans tells us more.
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11:01
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MAY 15, 2024
15/05/24 - ECO MONEY: How to tap into the $1.5 tril green transition gapThere is a 1.5 trillion dollar investment gap when it comes to funding Southeast Asia’s green transition, and this means there is opportunity for investors.
That’s according to the latest Green Economy 2024 Report by Bain & Company, GenZero, Standard Chartered and Temasek.
Publishers of the report state that this means Southeast Asian markets now have a window of opportunity to accelerate decarbonization with actionable ideas and accelerators.
To find out more and where exactly the investment opportunities Rachel Kelly spoke to Dale Hardcastle, Director of Global Sustainability Innovation Center at Bain & Company and Tracy Wong Harris, Head of Sustainable Finance Asia, Standard Chartered Bank.
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14:27
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MAY 15, 2024
15/05/24 - Industry Insight: Respect SG champions the transformation of an inclusive and respectful community for our F&B industryRespect SG is dedicated to fostering a culture of mutual respect between Singaporeans and F&B service professionals, promoting pride in the F&B profession and acknowledging the essential contributions of its workforce.
The initiative aims to challenge and change societal attitudes, creating a more inclusive and respectful community that values and appreciates the commitment and hard work of all individuals in the industry.
Danny Loong, Chairman of Respect SG and CEO and Founder of Timbre Group tells us more.
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13:08
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MAY 14, 2024
14/05/24 - Industry Insight: Where are the opportunities for new business building?Even amid ongoing economic uncertainty, business leaders and investors see now as an opportune time to build new businesses as a way to accelerate growth.
In a recent McKinsey & Company survey of corporate leaders in Southeast Asia, almost half believe that building new businesses has become a higher priority over the last year. On Industry Insight, Vivek Lath, Partner at McKinsey & Company shares current trends in new business building and what's really needed to close the gap between intent and action.
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11:18
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