Your Way Home with Hongbin Jeong

Steak is king. Steak is what other meat wishes it could be. Since its launch in October 2020, ASAP & Co. has established its F&B business as a steakhouse, specialising in the most basic and primitive way to enjoy a quality steak, namely, a mouth-watering combination of award-winning beef that is dry-aged and then smoked to perfection.  Isrudy Shaik, Founder of ASAP & Co. share more. 

Singapore shares opened muted this morning, following data released on economic growth as well as the central bank’s move to stand pat on its monetary policy settings. In early trade, the Straits Times Index (STI) rose 0.04 per cent to 3,228.76 points after 45.2 million securities changed hands in the broader market. In terms of companies to watch, we have Jardine Cycle & Carriage. The conglomerate said that Jean-Pierre Felenbok will join the company’s board from Apr 29 as a non-executive independent director.  Meanwhile, from more on tamer US producer price inflation to gold hitting a record high today, more international headlines remain in focus.  On Market View, The Evening Runway team unpacked the developments to watch for the day.

Generative AI has been shown to boost customer service productivity. In fact, 94% of business leaders surveyed in Deloitte’s State of AI in the Enterprise, 5th Edition, agree that AI is critical to success over the next five years. The question is, how should companies deploy AI to derive the greatest value and create personalised multichannel customer journeys at scale? Simon Ma, Director & Regional Manager, ASEAN, Freshworks weighs in. 

Unsold units at The Residences at W Singapore Sentosa Cove will be up for sale at more than 40 percent off their initial 2010 launch price. Cityview Place Holdings will be releasing 58 units for sale on April 15, with prices starting from $1,648 per square foot.  But will this move however result in rapid sales for those vacant units? Is a unit there worth your investment?  Nicholas Mak, Chief Research Officer, Mogul.sg shares his views. 

What has tempted Singapore's newly retired Olympic champion Joseph Schooling out of retirement? It's the Singapore T100, which returns to Marina Bay for the second year. Tune in as Sam Renouf, CEO of the Professsional Triathletes Organisation, tells us all about what we can expect at the event happening in the hear of the Lion City this weekend! Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Singapore stocks were pulled into negative territory today, tracking a Wall Street retreat after US inflation data topped estimates, dashing hopes for near-term rate cuts by the US Federal Reserve. In early trade, the Straits Times Index (STI) headed down 0.9 per cent to 3,209.41 points, after 92.8 million securities changed hands in the broader market. In terms of companies to watch, we have City Developments Ltd. That’s as the property developer’s subsidiary Cityview Place Holdings said it will be selling 58 units of The Residences at W Singapore Sentosa Cove this month.  Elsewhere, from the impact of a hotter-than-expected US March inflation report on Asian markets, to Adobe purchasing videos to build its artificial intelligence text-to-video generator, more international and corporate headlines are in focus. Also on deck – China’s March inflation numbers.  On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.

High cholesterol levels increase the risk of heart disease, which can be managed with exercise and healthy dietary choices. But, for people with familial hypercholesterolemia, a condition which affects 1 in every 200 people, managing the condition is not so straightforward. What is familial hypercholesterolemia, and how can you detect and manage the condition early? Dr Michael MacDonald, Senior Consultant Cardiologist from the Harley Street Heart Centreweighs in. 

After years of negotiations, the European Parliament has approved a major reform tightening the EU's migration and asylum rules. This "migration pact" provides for tighter control of migrant arrivals into the EU, and the introduction of a solidarity mechanism between EU member states concerning the distribution of refugees. What exactly is in the text? What changes would it bring to European migration policy? Dr Samir Puri, Associate Fellow, UK in the World Programme, Chatham House weighs in.

We’re going to bring you an inside look into a local apparel maker turned investment holding firm. Founded in 1951, Sing Lun started as a textile trading firm along Circular Road and has seen its business transform over the decades.  For one thing, the firm expanded into apparel manufacturing in 1968 when the second generation owners took over. Over the years, Sing Lun evolved to become the manufacturer for top outdoor and sportswear brands such as The North Face, Puma and Under Armour. And its annual revenue – a whopping US$185 million as at 2016.  But as people say, change is the only constant, and Sing Lun has yet changed once again.  It merged its textile manufacturing business SL Global with Crystal International Group in Hong Kong in 2016 to become the second largest apparel manufacturer in the world.  Today, Sing Lun Holdings is known as a privately-owned investment holding company with business interests worldwide. Its portfolio includes three main verticals: real estate holdings, industrial and business services and investments and private equity. But what were the reasons behind the move to divest SL Global and what does the divestment of its apparel manufacturing mean for the firm? What is the firm focusing on next? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Mark Lee, CEO, Sing Lun Holdings.

Our guest had a childhood love for sports, which drove him to pursue a degree in physical education and to pick up Jiu Jitsu. However, with family expectations weighing heavy on him, he found himself in law school just two years later.  However his heart remained loyal to Jiu Jitsu through it all, despite pursuing a career path that was certainly “more stable”, but never “felt natural”. Professor Gamal Hassan, Ex-Lawyer, BJJ Champion & Trainer, Evolve shares more about his journey from a lawyer to getting his black belt.