Money Matters with Hongbin Jeong and Chua Tian Tian

DMK, a local footwear brand, started 24 years ago as a small brick-and-mortar store for women looking to find the perfect shoe for their broader feet. Today, the brand has expanded its footprint in Singapore to seven outlets, and branched out overseas to several markets across Asia. And the core values of their business remains the same - to help women look and feel good through fashion footwear. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Eileen Goh, Chief Commercial Officer, DMK, to find out more how it is helping make women feel confident one step at a time. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh and Alexandra Parada Do you have a story to tell on The Evening Runway show? Contact nadkoh@sph.com.sg

We usually talk about the closing numbers on the SGX at this hour, but today is a special day because we’re going to take you through the latest performance of Singapore’s state investor Temasek, out just a couple of hours ago.  Temasek is no stranger to Singaporeans. Founded in 1974, the global investment company has a network of 13 offices across nine countries.  The company has a long term investment horizon, where activities are guided by its views on long term structural trends. It also invests off its own balance sheet, which means that the firm is not constrained by the so-called ‘fund life’.  In its latest Temasek Review 2024 out today, the company said its performance over the long term remained resilient, with its net portfolio value having steadily grown over the past two decades across market cycles.  Its net portfolio value or NPV stood at S$389 billion for the financial year ended 31 March 2024, and marking its unlisted portfolio to market would provide a value uplift of S$31 billion and bring its Mark to Market NPV to S$420 billion. Temasek said the increase in portfolio value was largely due to investments returns from the US and India, while Chinese capital markets weighed on its performance.  Meanwhile, the state investor also noted that its 20-year and 10-year Total Shareholder Return (TSR) remained stable. But how does Temasek assess its overall performance, and where is it investing next? On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Connie Chan, Head of Financial Services, Temasek. 

On What's Trending, Tokyo Governor Yuriko Koike has secured a third term. But the election was marked by unusual campaign tactics from a record 56 candidates - these included outlandish stunts like dressing as "The Joker," nearly nude women, pets, and an AI character, overshadowing serious campaigning. But despite the oddities, such tactics were legal under Japan's election laws, which allow free speech as long as it doesn't support other candidates or spread false information. Also, Copenhagen's tourist board has announced a trial scheme called "CopenPay" to reward environmentally friendly tourists for activities such as litter-picking, public transport, or cycling around the city. The initiative, which begins on 15th July, offers free food, activities, lunches, coffees, glasses of wine, and kayak rentals in return for their work.

It's a problem that has the public divided in Turkey. Are stray dogs a neighborhood fixture to be looked after and loved? Or does the government need to take more drastic solutions including euthanasia?  Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea!  Get in touch with our anchors at: rgidwani@sph.com.sg chuatt@sph.com.sg hongbin@sph.com.sg

FOUR is the magic number on this episode of Sports Minutes - as the Euros reaches the semi-final stage and the FINAL FOUR tussle it out for a place in Sunday’s final. Who is most deserving of their spot, and who will conquer the continent? Plus, the top FOUR in the Singapore Premier League all clinched victories over the weekend, but who was MOST impressive? Deepanraj Ganesan weighs in! Got a story to tell? Get in touch with us! raushan@sph.com.sg

Singapore shares edged lower at the opening bell today, maintaining a downtrend from Friday’s closing in the prior week. In early trade, the Straits Times Index (STI) fell 0.2 per cent to 3,405.04 points after 35 million securities changed hands in the broader market. In terms of companies to watch, we have CapitaLand India Trust. That’s as CapitaLand India Trust announced today that Fitch Ratings has assigned it a first-time long-term issuer default rating of “BBB-” amid a stable outlook.  Elsewhere, from TSMC shares soaring to a record intraday high in Taipei to market reactions to the latest snap elections in France, more corporate and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.

Glenn Gore is the CEO of Temasek-backed Affinidi, a company focused on empowering individuals through data ownership and redefining data usage with concepts like zero-party data and Holistic Identity. And Glenn has a CEO mindset - emphasising the abundance and growth mindsets which every successful leaders possess. On R.I.C.H., Hongbin Jeong and Roshan Gidwani speaks to Glenn Gore, CEO of Temasek-backed Affinidi, to find out more. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh and Alexandra Parada Do you have a story to tell on The Evening Runway show? Contact nadkoh@sph.com.sg

Wallich Manor, a party hotspot in Sofitel Singapore City Centre, is known for its high-energy cocktails and delectable contemporary European cuisine. The brand is under the Tipsy Collective brand, but has a different approach compared to its sister concepts -- Wallich Manor has tapped a hip-hop pioneer to curate its music. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Rae Ng, Marketing and Communications Director of Tipsy Collective, to find out more. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh and Alexandra Parada Do you have a story to tell on The Evening Runway show? Contact nadkoh@sph.com.sg

On What's Trending, US actor and wrestler John Cena has announced his retirement from competing in World Wrestling Entertainment (WWE) events. Cena, known for his roles in movies and TV shows, announced his retirement during an appearance at the WWE Money in the Bank event in Canada. He announced his final in-ring competition will be in 2025 as part of a farewell tour.  Also, how much are you willing to pay for your favourite celebrity to perform at your wedding? Well, India's richest man, Mukesh Ambani, hosted a lavish wedding celebration for his son, Anant Ambani and Radhika Merchant by inviting Justin Bieber, who performed his 2015 hit "Sorry" at the ceremony, is rumored to have been paid up to US$10 million (S$13.5 million). Ambani, who is the 11th wealthiest person in the world, has held the most expensive wedding in India in 2018, which reportedly cost US$100 million.

The Supreme Court finally ruled that cities were clear to prohibit homeless people sleeping outside in public places. Will this help or hurt a crisis? Roshan Gidwani and Hongbin Jeong spill the tea!  Get in touch with our anchors at  rgidwani@sph.com.sg, chuatt@sph.com.sg and hongbin@sph.com.sg.