Money Matters with Hongbin Jeong and Chua Tian Tian

Our guest embodies the spirit of innovation, leadership, and empowerment and in her capacity, she has played a pivotal role in overseeing the development and expansion plans of her company’s hospitality management arm, solidifying her commitment to driving growth and excellence within the industry. Angeline Tan, Vice President, CES Hospitality & Senior Vice President, Momentus Hospitality shares with us her journey in the hospitality industry and how her leadership style stands out in the industry. 

The European Union has imposed a S$2.6 billion fine on Apple for violating its competition laws this week. This marks the bloc's first-ever antitrust penalty against the US tech giant, as well as the start of a new era where trust-busters can be quicker and more efficient in policing Silicon Valley’s biggest companies. What is their secret weapon? Should Big Tech be worried? In the UK, British chancellor Jeremy Hunt rolled the pre-election dice yesterday, delivering a budget full of measures ahead of a nationwide battle for Downing Street later this year. How might the Spring Budget 2024 shape the battles on the economy at the next general election? Antonio Fatás, Professor of Economics at INSEAD weighs in.

Singapore shares rose at the opening bell this morning, tracking overnight gains in global markets. In early trade, the Straits Times Index (STI) gained 0.1 per cent  to 3,139.17 points after 25.7 million securities changed hands in the broader market. In terms of companies to watch, we have Great Eastern. The insurer said a recent request by a minority shareholder to table resolutions at its upcoming annual general meeting (AGM) “does not satisfy all of the requirements” for a requisition to be moved. Meanwhile, from comments by Fed Chair Jerome Powell at his testimony before lawmakers to the implications of Google’s changes to its search results to be compliant with landmark EU tech rules, more international headlines are in focus.  On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.

As cancer rates continue to surge globally, the impact on women is becoming increasingly severe. And, nowhere is this more evident than in Asia Pacific, which accounts for a staggering 45% of all global breast cancer cases and 58% of cervical cancer deaths worldwide. Yet, we know that tools exist to eliminate cervical cancer as a public health problem and to reduce the incidence of breast cancer. So why is it that in the Asia-Pacific region in particular, incidence and mortality are not decreasing? Ahead of International Women’s Day 2024, Amy Ho, Head of Disease Areas for Roche Diagnostics APAC, member of Roche’s International Women’s Network  and of the Asia-Pacific Women's Cancer Coalition weighs in.

Simona Halep has vowed to return to tennis with "renewed vigour and an invigorated spirit" after a four-year doping ban was reduced to nine months. The 2-time Grandslam winner has not played competitively since the US Open in August 2022 - when she failed a doping test. Halep's suspension was backdated to the start of her provisional suspension in October 2022, meaning she is able to return to competition in the coming weeks. How will she fare on her road to redemption? We speak to Tennis Commentator Mousumi Dutt to find out more. Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

PetExpo is back, bigger and better than ever for its 10th Anniversary! Happening from March 15th to 17th at Expo Hall 5B and 6, this year, PetExpo is also thrilled to introduce an official Aqua Zone exclusively dedicated to enthusiasts of aquatic animals. David Lim, Project Director, PetExpo tells us more about what to expect from this year's edition. 

Statistics have highlighted a current trend in the real estate market that cannot be ignored.  Private property prices have surged to an all-time high, experiencing a staggering increase of 28 percent over the past three years. In a red-hot real estate market where owning a private property feels like a distant dream for many, but our next guest has defied all odds.  Damien Tan, Team Leader, JNA Real Estate shares his story investing in properties at a young age. 

Singapore shares climbed at the opening bell this morning, despite overnight losses in global markets. The Straits Times Index (STI) gained 0.3 per cent to 3,116.94 points after 53.4 million securities changed hands in the broader market.  In terms of companies to watch for today, we have  Singtel. The telco’s Australian unit Optus was fined A$1.5 million (S$1.3 million) by the Australian Communications and Media Authority today over large-scale breaches of public safety rules.  Elsewhere from DBS CEO Piyush Gupta’s pay cut to the latest earnings from electric vehicle maker Nio – more local headlines are in focus.  On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Oriano Lizza, Sales Trader, CMC Markets.

From Bersatu’s MP Wan Saiful Wan Jan almost suspension to Malaysia's relationship with China and Indonesia’s incoming President, Prabowo Subianto ambitions for the country.  Dr Mustafa Izzuddin, Senior International Affairs Analyst, Solaris Strategies Singapore gives us an analysis on those headlines and more. 

Helping tugboats, ferries, pilot boats and other coastal vehicles electrify and ride the green wave – that’s what we are going to talk about today.  Founded in 2022, our guest for today Pyxis is a maritime electrification technology startup that aims to create a more sustainable future at sea by easing mass commercialisation and adoption of electric coastal vehicles. Supported by leading coastal vessel owners and government agencies, Pyxis accelerates maritime decarbonisation while elevating vessel performance and management.  For one thing, the firm is focusing on retrofitting existing vessels with full electric propulsion systems including 70 coastal vessels owned by maritime services firm Eng Hup Shipping. With the Maritime and Port Authority of Singapore mandating all new harbour craft in Singapore waters to operate on low-carbon energy solutions and reduce emissions by 15 per cent from 2021 levels, what opportunities does this present for Pyxis in the longer run?  Meanwhile, the firm had in February 2024 raised S$4.5 million in a seed funding round led by Motion Ventures and Shift4Good. The round featured participants such as Enterprise SG’s Seeds Capital, MarImpact, Tian San Shipping and LCC Resources. But what is the strategic value behind this group of investors and how does the maritime startup intend to use the money? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Tommy Phun, Founder, Pyxis.