Drive Time with Elliott Danker, Timothy Go & Chua Tian Tian


About

The team brings you the latest business and topical news from Asia and around the World with programs such as In the Spotlight, Business View and Culture Club. Stay up to date with the latest movements in the Singapore, European and US markets.


MAR 20, 2023
20/03/23 - Market View: UBS’ US$3.25b takeover of Credit Suisse; Wipeout of Credit Suisse’s AT1 bonds; Yangzijiang Shipping ordered to wind up; Fed’s daily currency swaps for banks in Canada, Britain, Japan, Switzerland and the euro zone; Fed’s interest rate decision
Singapore shares opened lower today, tracking losses in global markets following ongoing banking woes worldwide. The Straits Times Index fell 0.32 per cent in early trade to 3,173.17 points after 46.3 million securities worth S$55.1 million changed hands.  In terms of companies to watch, we have Yangzijiang Shipbuilding, after a unit of the company that used to hold 43 subsidiaries has been ordered by Singapore’s High Court to wind up. What’s happening there? Meanwhile, investors continue to mull the state of the global financial sector after news that UBS had agreed to buy rival Credit Suisse in an eleventh-hour merger by Swiss authorities. But to what extent will this prevent a crisis of confidence from spilling over into the broader financial system? On Market View, the Drive Time team posed these questions to David Kuo, Co-founder, The Smart Investor.
14:50

MAR 20, 2023
20/03/23 - Under the Radar: Global executive search industry grew 17b euros between 2012 and 2021; Impact of tech layoffs and current economic climate on supply of available talent; Demand for headhunting services amid rising rates and collapse of Silicon Valley Bank; Whether the recent US banking crisis would push workers to move to seemingly harder to fail financial services firms and impact on executive search players; Trends in the global executive search industry
The Great Resignation is a term that we’ve heard a lot over the past year.  The term, which was coined in May 2021, described the phenomenon where workers quit their jobs after deferring their decisions to do so early on in the pandemic.  There’s a reason why I’m bringing this term up again - because the hiring scene is what we’re going to talk about on the segment today. According to Statista, the global executive search industry grew some 17 billion euros between 2012 and 2021. But how sustainable is this trend amid the current state of the current economy, and what does this mean for headhunters? Also - what does the ongoing series of tech layoffs and the banking crisis in the US mean for companies in the executive search industry?  On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Sam Belcher, Managing Partner, Asia Pacific, and Katherine Ho, Executive Director, Corporate Governance, Financial Services at The Edge Partnership for more. 
13:35

MAR 20, 2023
20/03/23 - Sports Minutes: Are fans to blame for football's increasing influence?
Where do we draw the line between football and politics? Are us fans to blame for football's increasing influence? European football writer, Kaustubh Panday joins Elliot & Raushan to discuss this and much more. Read more here: https://sportskhabri.com/why-footballs-increasing-influence-is-not-good-for-the-fans/
15:58

MAR 20, 2023
20/03/23 - Culture Club: How can greater diversity and inclusion in the workplace benefit businesses?
Despite national conversations about gender diversity in tech, numbers are showing that women are still underrepresented, underpaid, and often discriminated against in the tech industry.  But without many companies realising it, diversity is critical to a company's performance. Priya Lakshmi, Head of Startup Business, ASEAN, Amazon Web Services (AWS) shares how greater diversity and inclusion in the workplace can benefit a business. 
14:27

MAR 20, 2023
20/03/23 - Washington Report: Ex-US President Donald Trump could be charged any day. What happens next?
Former US President Donald Trump could be charged in New York as soon as this week for allegedly covering up hush money payments to a porn star during his 2016 presidential campaign, nearly seven years after the money changed hands. If he is indicted, it would be the first criminal case ever brought against a former US president. What happens next?  On Washington Report, Drive Time's Elliot Danker speaks with Steve Okun, Senior Advisor, Mclarty Associates to find out more. 
13:17

MAR 17, 2023
17/03/23 - Sports Minutes: Saudi in the spotlight
Saudi Arabia is in the spotlight on this episode, with Lewis Hamilton indicating his unease over return to the country for the Jeddah Grand Prix - after the 2022 edition was marred by missile strikes on an oil facility near the circuit. Gianni Infantino has also been speaking about the gulf-state, with the FIFA President discussing Saudi sponsorship for football events.
13:28

MAR 17, 2023
17/03/23 - Market View: Singapore Stock Market Wrap; Impact of Singapore key exports contraction on STI; MAS on trio of local banks’ exposure to Credit Suisse; Thai Beverage on plans to list or sell spirits business; SIAS on Boustead Singapore’s bid to acquire Boustead Projects; Major US banks to inject US$30b into First Republic Bank; Indian startups’ exposure to SVB
Singapore stocks opened higher today, tracking solid gains in global markets following several major developments in the banking sector worldwide. Back home, data from Enterprise Singapore also showed key exports contracted for the fifth straight month in February, albeit at a slower pace than the month before, as the decline in non-electronic shipments eased. The Straits Times Index rose 0.5 per cent to 3,170.38 points in early trade after 148.9 million securities changed hands. The banking sector in Singapore continues to be in focus today after the Monetary Authority of Singapore said yesterday that the trio of Singapore banks’ exposures to Credit Suisse are insignificant and that the banks are well-capitalised and conduct regular stress tests against credit and other risks.  On Market View, the Drive Time team got down to the details with Benjamin Goh, Head of Research and Investor Education, SIAS.
14:35

MAR 17, 2023
17/03/23 - Your Health: Understanding the most common form of leukaemia in adults
Acute Myeloid Leukaemia (AML) is the most common type of leukaemia for adults in Singapore, especially among those 65 years old and above.  However, despite it being so common, survival rates are low, an average of 27 percent of adults diagnosed with AML are expected to live past five years.  So what are the treatment options for AML, how effective are they, and is it possible for doctors and patients to stay a step ahead of the disease?  Dr Yvonne Loh, Haematologist, Curie Oncology tells us more. 
14:25

MAR 17, 2023
17/03/23 - Culture Club: What's new in the Singapore edition of the Van Gogh: The Immersive Experience
The internationally renowned 360-degree digital immersive art experience, Van Gogh: The Immersive Experience, made its Southeast Asian debut at the Resorts World Sentosa (RWS) on 1st March 2023. But how is this edition in Singapore different?  Natalie Hong, Exhibition Director, Van Gogh: The Immersive Experience tells us more. 
09:25

MAR 17, 2023
17/03/23 - In The Spotlight: From lab coats to CEO of global biotech - Paving the way for disruption in Asia’s oncology drugs space’
The biotechnology scene in Asia is rapidly growing and has become a major player in the biotech industry globally. And in recent years, Singapore has also become a hub for biomedical startups. Vishal Doshi, Chairman & CEO, AUM Biosciences shares how he is paving the way for disruption in Asia’s biotech landscape and oncology drug space. 
11:55

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