Money Matters with Hongbin Jeong and Chua Tian Tian

Singapore shares opened higher today, tracking overnight gains in the US and Europe. In early trade, the Straits Times Index (STI) headed up 0.6 per cent to 3,083.78 points after 66.1 million securities changed hands in the broader market. In terms of companies to watch today, we have Samudera Shipping Line, after the carrier said yesterday revenue and earnings for the third quarter ended September “recorded a contraction” compared with the year-ago period.  Meanwhile, from more on the Bank of Japan’s latest monetary policy decision to the impact of the boom in weight-loss drugs on the shares of US fast food companies, more international headlines remain in focus. Not to mention, expectations on the upcoming Federal Reserve interest rate decision and the risk of global economies decoupling from the King Dollar. On Market View, The Evening Runway’s finance presenter Chua Tian Tian sat down with Jeremy Tan, Chief Executive Officer (CEO) of Tiger Fund Management for more.

“Uncertainty is like kryptonite for supply chains” warned the Retail Industry Leaders Association, underlining that the repercussions of supply chain disruptions are no longer just theoretical. And as supply chains move towards customised and sustainable solutions, Quincus has unveiled a comprehensive guide into the supply chain and logistics trends anticipated in the APAC region as we head in 2024.  Katherina Lacey, Chief Product Officer & Co-Founder, Quincus tells us more about the key highlights from the advisory. 

Spaghetti, macaroni, fettuccine and linguine and you get it.  Pasta is a favourite when it comes to dinner choices but did you know that the global pasta market is actually worth some US$45 billion in 2022?  In fact, Fortune Business Insights projects the figure to reach US$68.97 billion by 2030, representing a compound annual growth rate of 5.26% during the forecast period of 2023 to 2030.  But how does a pasta manufacturer work, and what are the intricacies when it comes to operating a company that is reliant on commodities such as wheat?  Well, let’s pose these questions to our guest for today. Established in 1877, Barilla is an Italian family-owned food company that is now present in over 100 countries.  The firm is a world leader in the markets of pasta and ready-to-use sauces in continental Europe and is widely recognised as a symbol of Italian know-how.  On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Federico Vescovi, Asia Pacific President, Barilla.

From highlights from the Beijing Xiangshan Forum to us remembering former Chinese premier Li Keqiang who died from a heart attack at 68 years old.  Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. 

If last season offered hope Manchester United were making forward strides under the management of Erik ten Hag, then this campaign is starting to resemble a dismal and rapid retreat. 3-0 losers to neighbours City, the Dutchman's second season is going from bad to worst - a familiar fate suffered by his predecessors. We discuss and dissect the fallout from Derby day! Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Over the weekend, 120 countries voted for a United Nations resolution calling for a “sustained humanitarian truce” in Gaza. The US, like Israel, has sharply criticised the effort and was one of 14 countries that voted against it . Why did the US opposed the UN resolution on Gaza and does this end up making the global powerhouse look bad? We find out if global opinion is shifting away from the influence of the US with Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College.

When you think about a healthy lifestyle, you may not think home design can play a role in good health. But actually, your home’s design can have a huge influence on physical, mental, and spiritual well-being.  Multi-award winning designerNikki Hunt, founder of Singapore’s high-profile design firm Design Intervention shares about the importance of wellbeing through personalised, multisensory design.

Singapore stocks began trading in negative territory today after global equities finished the previous week mostly lower. In early trade, the Straits Times Index declined 0.3 per cent to 3,052.35 points, after 23.1 million securities changed hands in the broader market. In terms of companies to watch, we have CapitaLand Ascendas Reit, after the real estate investment trust (Reit) reported a slight increase in third quarter portfolio occupancy to 94.5 per cent.  Meanwhile, from more developments surrounding SGX-listed firms to the S&P 500 falling into correction territory on Friday, stock movements are in focus today. On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Chin Hui Leong, Co-founder, The Smart Investor.

A new report from Shopify has highlighted key trends that will help SEA retailers better understand what customers want and plan their retail and ecommerce strategies to compete effectively in the new retail landscape. So what are these key trends and how can businesses leverage on them?  Bharati Balakrishnan, Country Director, SEA & India, Shopify shares more. 

What comes to mind when you put messaging and mini programmes together? How about Tencent?  Founded in 2013, our guest for today is from Tencent Cloud, which provides businesses across the globe with stable and secure industry leading products and services.  We’re talking about businesses across a wide range of industries including the fields of gaming, media and entertainment, finance, healthcare and more. But what are the specific products and services offered in more granular terms? Speaking of products and services, Tencent Cloud worked with authorities in Abu Dhabi to transform its TAMM application into a SuperApp.  That’s by consolidating over 700 essential public services from more than 30 government entities and the private sector on a single, standardised mini programme.  But how does it work exactly and how far can the model be replicated to serve public and private  sector clients in Singapore and Malaysia?  Meanwhile, what is the outlook for Tencent Cloud in the near future given how Microsoft and Amazon reported robust financial performance on their cloud businesses. To what extent is Web3 a key growth driver? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Kenneth Siow, General Manager (Singapore/Malaysia) at Tencent Cloud International.