Money Matters with Hongbin Jeong and Chua Tian Tian

It’s literally cherry on the cake to speak to a company said to be the only in the world so far that produces wine from – not grapes, but cherries!  Our guest for today is Frederiksdal, a Danish firm that specialises in beverages like juices and wines made from Danish Stevns Cherry.  These are not the sweet cherries we eat during summer time, but those that taste sour with high sugar and acid content.  Such cherries are called Grapes of the North. They are not eaten directly but are said to be perfect for making items like sauces, juices, jams or even wines.  Back to Frederiksdal, the firm is named after the Frederiksdal Estate in Southern Denmark which grows these cherries.  It traces back to 1756 and has been owned by the Krabbe family for three generations, who used to sell the cherries to juice manufacturers.  But as life would have it, cherry prices tumbled in 2006, prompting its third generation owner to make the cherries farmed into wine and juices on its own instead.  The story takes itself forward from there, as the firm grows to become one of the biggest wineries in Nordic cities, shipping its products to all parts of the world. So how has Frederiksdal’s value proposition changed over the years and how has that transformation process reaped benefits for the firm? Meanwhile, the company had said in a media report that its key export markets now include Singapore, China, the US and Japan. But what is driving export demand right now and what will continue to be its key drivers of growth? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Harald Krabbe, Founder, Frederiksdal.

With 149 shots on goal in their last 6 Premier League games but only 9 goals to show for their efforts....Liverpool have gone from hunting down a quadruple to running out of steam as the season approaches a climax. Who is to blame, and what does this mean for Jurgen Klopp's legacy in his final stretch at the helm? And who should replace the outgoing German? Sports Minutes is in conversation with Emile Heskey, who will be in town for the StarHub Festival Football happening this weekend at Our Tampines Hub. Check it out! Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Reality meets fantasy in a Spring / Summer installation titled ‘Lost in Enchantment’ by Australian artist, Amanda Parer.  For the first time in Singapore and in Asia, visitors to ION Orchard are invited to an immersive experience where an interplay of garden and inflatable elements create an enchanting mix of light and colour. Amanda Parer, Artist tells us more about what to expect at  ‘Lost in Enchantment’. 

Speaking to reporters during a 10-minute doorstop interview at the Ministry of Communications and Information on April 16, a day after the long-awaited handover date was announced - Deputy Prime Minister Lawrence Wong said Prime Minister Lee Hsien Loong will take on the role of senior minister in the new Cabinet, which should not have major changes. DPM Wong also confirmed that he will announce the make-up of his new Cabinet in a press conference a few days before he is sworn in as Singapore’s fourth prime minister on May 15. READ MORE: https://www.straitstimes.com/singapore/politics/pm-lee-to-become-senior-minister-no-major-changes-to-cabinet-until-after-next-ge-dpm-wong

Singapore stocks fell at the opening bell this morning, tracking losses in global markets amid worries over geopolitical uncertainty in the Middle East.  In early trade, the Straits Times Index (STI) fell 0.3 per cent to 3,175.63 points after 39.3 million securities changed hands in the broader market.  In terms of companies to watch, Singapore Airlines, after the national carrier and its low-cost arm Scoot together moved 3.3 million passengers in March, up 20.7 per cent from the previous year. Elsewhere from more on TSMC’s earnings to China’s Q1 GDP numbers, more corporate and international headlines remain in focus.  Glad to unpack the developments with James Cheo, Chief Investment Officer, Southeast Asia and India at HSBC Global Private Banking and Wealth.

Estonia does not have to struggle to find a point of difference; it’s completely unique.  While it shares a similar geography and history with Latvia and Lithuania, culturally it’s distinct.  And while the country is the 132nd-smallest country in the world by land mass, it has produced more startups per capita than any other country in Europe. With ten unicorns and counting, Skype and Wise among them, the concentration of successful startups is astounding. Sandra Särav, Deputy Minister for Economy and Innovation of Estonia tells us more about the country's startup scene and the their digital nomad attractiveness.

Highlights from a rare meeting between former Taiwanese President Ma Ying-jeou and Chinese President Xi Jinping to a "new chapter" of Beijing-Pyongyang relations. Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. 

After nearly 20 years heading Singapore’s government, Prime Minister Lee Hsien Loong is set to step down on May 15. And as part of a long-planned succession, Singapore will be ushering in a new era led by current Deputy Prime Minister Lawrence Wong as our fourth prime minister. So what can we expect from DPM Wong when he takes over the reins of Prime Minister? Based on his leadership style, what have we learnt about him, how will he lead Singapore? How will he position Singapore moving forward?  Eugene Tan, Associate Professor of Law, Singapore Management University shares his views. 

Bayer Leverkusen lifted the Bundesliga title for the first time in their 120-year history breaking Bayern Munich's 11-year stranglehold on the German top flight. Under the leadership of Xabi Alonso, their dominance has been relentless, unbeaten in 43 matches across 3 competitions this season. How has Alonso achieved this in under 18 months at the helm? Plus, we discuss a potentially decisive weekend in the Premier League too! Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

The term "corporate ladder" is a conceptualised view of a company's employment hierarchy in which career advancement is considered to follow higher rungs on a ladder with of course upper management positions at the top.  Our guest is only 28 years old and has recently been announced as CEO of True Global Ventures. This milestone is a testament to her remarkable journey which started when she was 21 years old and her dedication to the firm as a General Partner, has resulted into being board member / observer on 4 of True Global Ventures portfolio companies. Beatrice Lion, CEO and General Partner, True Global Ventures shares her journey to becoming CEO.