Money Matters with Hongbin Jeong and Chua Tian Tian

Jurgen Klopp called his side's Carabao Cup final victory over Chelsea the "most special trophy" he has ever won. With five players aged 20 or under featuring on the day, and with the average age of the team that finished the game being below 22, how did Klopp galvanize his charges to overcome the Blues? We discuss! Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Step out into the corridors of your HDB flats and you'll notice something watching over you: bulb-like cameras, quietly embedded in the walls.  These are no ordinary CCTVs — but PolCams (Police Cameras) that were rolled out to monitor public spaces like HDB corridors, car parks, and hawker centres.  To mark the upcoming International Women's Day on March 8, we speak with Rina Khoo, Chief Solutions Officer of Evvo Labs, the woman who changed crime solving for the SPF.

Super Tuesday, which is March 5, and traditionally one of the most important dates on the US political calendar, is fast approaching.  This primary season however, has been far from traditional and former US President Donald Trump is likely to be the Republican presidential nominee against incumbent Democratic President Joe Biden according to polling. The only rival still in the race for the Republican nomination is former South Carolina Gov. Nikki Haley, who vows to continue to stay in the race. How important is Super Tuesday and why is it a deal breaker for presidential candidate campaigns?  Emeritus Professor Joseph Camil-leri, La Trobe University, Melbourne  and Fellow, The Academy of the Social Sciences in Australia weighs in.

Singapore shares fell at market open today, led by declines from local banks. In early trade, the Straits Times Index (STI) fell 0.5 per cent to 3168.08 points after 80.5 million securities changed hands in the broader market. In terms of companies to watch, we have Seatrium, after the group today reported a wider second-half net loss of S$1.7 billion compared to a net loss of S$118.3 million in the same period last year.  Elsewhere, from more on Singapore’s January factory output numbers to DBS and Sheng Siong working to engage up to 1,000 SMEs in a sustainability tie up – more local headlines are in focus.  Also on deck – what to watch in Mark Zuckerberg’s Asia tour and Ant Group reportedly outbidding Citadel Securities for Credit Suisse’s investment bank venture in China. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.

Making cables for MRT lines, Jewel Changi Airport and Gardens by the Bay – that’s what we’re going to talk about today.  Founded in 1980, our guest Tai Sin Electric makes cables and wires for a diverse range of industries for both the private and public sectors and in all categories of industrial, commercial, residential and offshore and marine projects.  They include items like low voltage cables, medium voltage cables, instrumentation cables as well as fire resistant cables and wires.  The firm has since completed over 1,000 projects including at the Changi Airport Terminal 4, the National University of Singapore, the SingPost Logistics Hub, the Singtel Data Centre, the National Gallery Singapore, the Jurong Reclamation plant,  Rolls Royce Seletar Campus and at Jem Shopping Mall.  But what is interesting about Tai Sin Electric is its move to expand beyond cables and wires amid the pandemic.  In 2019, the firm was setting its sights on exporting its products to other Southeast Asia countries by taking part in the second run of Enterprise Singapore’s Scale-up SG, before activities came to a grinding halt as a result of lockdowns seen in many countries.  Instead, the firm made the decision to build a new product vertical looking at electrical power distribution with busbar trunking systems. This was a bold move as the systems were a direct competitor to the cables and wires that were Tai Sin’s bread and butter.  But why did the firm decide to push ahead with the move and how far has this brought about tangible benefits for the firm? Also, with economies revving back to life post-pandemic, how far is Tai Sin Electric picking up on its expansion plans?  On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Willy Chua, Head of Marketing & Group Corporate Development, Tai Sin Electric Limited.

Sir Jim Ratcliffe’s 27.7% buy-in at ­Manchester United has been officially completed. So with Ratcliffe and co. gaining control of the club's football policy, what will the future look like? We convened the in-house council of red devils to discuss! Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

If you’re a clubber born in the 90’s, the old Zouk at Jiak Kim might set off a wave of nostalgia for you.  In 2024, Jiak Kim House, a new restaurant serving modern Asian food sits on the very same site where Singapore’s most storied club stood for 25 years. The restaurant is the brainchild of The Brewerkz Group, which is also behind F&B concepts like Koji, Cafe Iguana and Crystal Wines. Tan Wee Tuck, Managing Director of The Brewerkz Group and Seow Tzi Qin, Chef-Partner of Jiak Kim House shares more. 

Across Singapore, banks faced several cases of disruptions in 2023. Singaporeans suffered the brunt of these downtimes as both ATMs and mobile paying apps went offline. Similarly, the websites of major public hospitals and healthcare clusters in Singapore could not be accessed for hours due to a DDoSattack. We know both the financial and healthcare sector rely on third parties for these technological solutions. So, with the advent of artificial intelligence, how can generative AI and security come together in the worldwide fight against cybercrime? Sathish Murthy, Director of Systems Engineering, ASEAN/India, Cohesity weighs in. 

The Singapore Tourism Board and the Ministry of Culture, Community and Youth said on Feb 20 that Taylor Swift’s sold-out concerts in Singapore in March had received support from the authorities in the form of a grant. This comes after Thai Prime Minister Srettha Thavisin's comments on Feb 16 that the Singapore Government offered subsidies in exchange for Swift agreeing not to perform elsewhere in South-east Asia. Is paying for concert exclusivity a common practice? How does it benefit Singapore's economy and does it make financial sense to give a grant? Dr Kevin Cheong, Managing Partner, Syntegrate LLP weighs in. 

Singapore shares fell at the open this morning, led by declines from local banks. In early trade, the Straits Times Index (STI) fell 0.5 per cent to 3,208.35 points after 53.6 million securities changed hands in the broader market. In terms of companies to watch today, we have Singtel. The company reported that its net profit was down 12.5 per cent to S$465 million for the third quarter ended December due to a higher net exceptional loss mainly from Optus and Airtel. Elsewhere, from more on Singapore’s inflation numbers to earnings out of SGX-listed firms and to Grabs poor outlook – more local headlines remain in focus.  Also on deck –  Reddit filing for an IPO on the New York Stock Exchange, and Nvidia’s share price performance following its blockbuster results. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments withSunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.