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.


FEB 8, 2023
08/02/23 - Market View: StarHub’s net profit dropped 98.4% for 2H2022, F&N net profits down 28.8%, Japan’s PM Fumio Kishida reviving talks to raise wages, US Fed Chair Jerome Powell’s speech before The Economic Club of Washington DC
Singapore shares slid in early trade today following gains in US and Europe markets.   The Straits Times Index fell 0.1 per cent to 3,376.24 points in early trade after 47.7 million securities changed hands.  Some notable names seeing developments today included telco operator StarHub, which posted a 98.4 per cent decline in net profit to S$1.3 million for the second half of the year ended Dec 31, 2022, but how far of a concern is this?  Meanwhile, mainboard-listed drinks maker Fraser and Neave posted a 28.8 per cent year-on-year drop in net profit to S$28.6 million for its first quarter, despite higher revenue. Question is - how are the company’s financials looking with the firm noting that it has”generous debt headroom for acquisitions”? On Market View, the Drive Time team posed these questions to Matthias Chan, Head of Research at SAC Capital.
07:26

FEB 8, 2023
08/02/23 - Under the Radar: What’s next for Esco Aster - the contract manufacturer behind Singapore’s first commercial cultured meat?
On that note, did you know that Singapore was the first country to approve the sale of cell-based meat in 2020, with the product coming from Good Meat? In fact, the world’s first commercial cultured meat production facility also started here in Singapore in 2021 when a local contract development and manufacturing organisation, Esco Aster, was given approval to produce the novel food.  The company is also a strategic partner for Eat Just and cultivated meat pioneer Mosa Meat. But hey - ever wondered how a white label manufacturer for cell-based meat operates?  On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Xiang Liang Lin, Founder and CEO of Esco Aster.
12:02

FEB 8, 2023
08/02/23 - Sports Minutes: The responsibility on pro athletes to be a social media force
Today we talk about the responsibility on pro athletes to be a social media force for good and how aware are they on such responsibility? 
14:09

FEB 8, 2023
08/02/23 - Culture Club: Can today's Singaporeans keep the 'kampung spirit' alive?
What does the 'kampung spirit' look like in this day and age? While there are no zinc roofs or wide open doors, the neighbourly ways still exist today underneath Singapore’s gleaming facade of a modern metropolis.  On Culture Club, Drive Time's Elliot Danker and Timothy Go speak with Dr William Wan, General Secretary, Singapore Kindness Movement to find out how we're keeping the modern kampung spirit alive.  They also discuss the inaugural Singapore’s Friendly Neighbourhood Award and how you can take part in this campaign. 
13:42

FEB 8, 2023
08/02/23 - In the Spotlight: The financial wisdom behind investing in data protection
According to Veeam Software’s fourth annual Data Protection Trends Report, it has also been found that companies are challenged with more complex hybrid IT environments and are raising budgets to fend off cyberattacks. But is it enough to just raise budgets?  Shiva Pillay, General Manager and Senior Vice President, Asia Pacific & Japan, Veeam Software shares his views. 
08:35

FEB 8, 2023
08/02/23 - Regional Roundup: Anwar defends daughter’s adviser role
From Malaysia’s Prime Minister Anwar Ibrahim appointing his own daughter as the country’s financial and economic adviser to Thailand tightening the country's marijuana regulations since its decriminalisation last year. Dr. Felix Tan, Political Observer, Nanyang Technological University gives us an analysis on those headlines and more. 
10:54

FEB 7, 2023
07/02/23 - Sports Minutes: Stiffer penalties for clubs who breach financial fair play rules?
Today we talk about whether stiffer penalties should be given to football clubs for breaching financial fair play rules, plus are football managers expected to delivery faster results in this day and age, is this even fair? 
14:11

FEB 7, 2023
07/02/23 - Market View: CapitaLand India Trust’s DPU up 9%, Boustead Singapore to take Boustead Projects private, Impact of GST hike on consumer sentiment, What to expect for Singapore’s Budget 2023, Janet Yellen on US avoiding a recession
Singapore shares were pulled into negative territory today after US and Europe stocks both ended lower overnight. The Straits Times Index fell 0.01 per cent in early trade to 3,385.58 points after 25 million securities changed hands. Engineering and technology group Boustead Singapore made the headlines today. The group is making a voluntary unconditional general cash offer to take its real estate subsidiary, Boustead Projects, private. Question is - can we expect more of such moves in the new year? Elsewhere,  US Treasury Secretary Janet Yellen said last night that the US can avoid a recession with unemployment at a 53-year low. Is a strong labour market reading an indication that the Fed can achieve a soft landing? And what can we expect when Fed Chair Jerome Powell speaks later tonight? On Market View, the Drive Time team posed these questions to Jeremy Tan, CIO, Tiger Brokers (Singapore).
08:51

FEB 7, 2023
07/02/23 - Culture Club: ChatGPT, yay or nay?
ChatGPT is a newly released application from OpenAI, is giving users amazing answers to questions, and many of them are amazingly wrong. But is this app spell AI for good or bad? Gregory Francis, CEO, Access Partnership shares his views. 
12:09

FEB 7, 2023
07/02/23 - In The Spotlight: Sky-high airfares may come down this year. How much will you pay?
If you’ve been searching the skies for air travel recently, you have probably been struck by the sky-high flight prices you’re seeing. But, travellers in the region can expect soaring airfares to dip in 2023 as airlines gear up to meet the strong demand for air travel, according to industry players. So, will flight prices go up or down in 2023 according to experts? And how much will you be paying for a ticket? In The Spotlight, Drive Time's Elliot Danker and Timothy Go speak with Brendan Sobie, Independent Analyst and Consultant, Sobie Aviation for the travel trends they're looking out for in the coming months. 
11:43

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