Money Matters with Hongbin Jeong and Chua Tian Tian

A sudden twist in the investigation into Hunter Biden means his legal troubles will likely stretch on for months, creating an unwelcome drag on US President Joe Biden's reelection bid. Meanwhile, Donald Trump could face a fourth indictment this week in Georgia. Fulton County District Attorney Fani Willis will begin presenting evidence to a grand jury  related to an investigation into possible election interference by the former president in 2020.  Steve Okun, Senior Advisor, McLarty Associates joins the Drive Time team for the latest developments.

With the brand new Premier League season almost upon us, we weigh out who looks ready to do battle and who looks a little undercooked. Plus with the transfer window still in full-swing, we could see plenty more movers and shakers before it slams shut! Tune in as Elliott and Raushan gear you up for another breathtaking season of football ahead! Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Singapore shares slipped at the open today, after the Ministry of Trade and Industry narrowed its official full-year growth forecast for 2023, citing a weak external demand outlook for the rest of the year. In early trade, the Straits Times Index (STI) inched down 0.2 per cent to 3,316 points after 34.1 million securities changed hands in the broader market. In terms of companies to watch today, we have Genting Singapore, after the integrated resorts operator posted a net profit of S$276.7 million for the six months ended June. That’s more than three times the S$84.4 million in earnings in the same period a year ago. Meanwhile, economic developments out of Singapore and the US remain in focus for the day. On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.

Get your music festival outfits ready because Sundown Festival is set to make its comeback this weekend. Headlining the event is Mandopop star Jam Hsiao, Malaysian rapper Namewee, DJ Kim Lee, and internationally renowned DJs R3HAB and Firebeatz. We find out more from Kelvin Goh, Director & Co-founder of Sundown Festival and Rudolph Van Der Van, Sundown Festival Director, Red Spade Entertainment.

As we return to a post-pandemic world, many companies are inviting employees back to the office. Two years into this new normal, most of us have gotten the hang of video meetings. But why are hybrid meetings much more complicated?  We speak with Petteri Murto, Vice President of Sales, Business Communication, Sennheiser Asia-Pacific to find out how they're elevating meeting and conferencing experiences.

You might have heard of computer coding. But have you heard of low code?  If you haven’t, low code refers to a process of developing software that minimises the lines of computer codes that developers need to write manually. It might be a little hard to visualise, but think of low coding as the pre-fabrication of apartments. Computer codes are packaged into drag and drop icons just like individual pre-fab modules.  All that software developers need to do to build an app is mix and match these icons, , or pre-fab modules, in the way that they want. And all the action happens at a construction site, or a user interface, that is highly intuitive to the man in the street.  Low code is important to the tech industry because it democratises app developers for people with little experience in this field. It also allows organisations to introduce new enterprise software quickly without hiring a large number of experienced developers.  But how will Generative AI shake things up, now that computer codes can be produced from language text prompts? On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed the question to Leonard Tan, Regional Director, Singapore and Greater China Region at low code solutions provider OutSystems.  Founded in 2001, OutSystems’ firm’s low code platform serves thousands of active customers in 87 countries and across 22 industries, including Japanese pharmaceutical giant Takeda and Indonesian telecommunications operator Telkomsel.

Singapore shares dipped this morning, following a mixed showing in global markets overnight. In early trade, the Straits Times Index (STI) inched down 0.1 per cent to 3,312.16 points after 42.3 million securities changed hands in the broader market. In terms of companies to watch, we have CapitaLand Investment. The company today announced the launch of a business park development fund to invest in Grade A business parks in prime locations across gateway cities in India, but how significant is this move?  Meanwhile, from China’s slip into deflation and Japan and South Korea’s tourism stocks on the rise, to WeWork’s struggle and the potential impact on markets such as New York City – more international headlines are in focus.  On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.

Diving into the complex world of Harry Maguire: From captain to controversy, fame to struggle, and changing perceptions. Exploring the highs, lows, and complicated journey of the world's most expensive defender. As the much maligned defender edges closer to departing Manchester United - Deepanraj Ganesan, sports reporter with The Straits times, joins Raushan and Elliott on this tasty debate on Maguire's legacy. We also hear from Rio Ferdinand and Darren Bent, who share their thoughts on the defender. Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Would you quit your day time job to pursue a passion? This entrepreneur left the corporate world to pursue her pastry dreams. Having spent six years specialising in marketing and advertising, she took a leap of faith in 2013 by embarking on a sabbatical to explore her true calling. Her story is a testament to the determination and resilience that many women entrepreneurs possess.  Jiawen Lin, Founder & Chef Owner, Arc-en-ciel Patisserie Singapore shares more about her experience in taking that leap into the pastry world.

It’s all about music and concerts today. With a legacy that spans over 200 years, Warner Music Group, brings together songwriters, artists and entrepreneurs that are moving entertainment culture across the world.  The firm has a recorded music division that operates in over 70 countries via a network of affiliate and licensees.  It includes a number of renowned labels including 300 Entertainment and Atlantic, and manages some of the biggest A-listers in the world of music including Coldplay, Bruno Mars, Ed Sheeran.  Aside from managing singers and bands and distributing music, the firm also has a music publishing arm called Warner Chappell Music where it holds over one million copyrights of songs across genres.  But how exactly does an entertainment company like Warner Music Group operate? What is the difference between the operations of the published and recorded music departments?  What strategic value does the artists and repertoire (or A&R) department, which is responsible for scouting recording artists and nurturing them, bring to the table for Warner Music Group? Also – the Group recently reported improved streaming driven by a stronger release slate, but what is the situation here in Singapore? How does the recent concert boom mean for music distribution? On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Gerald Ang, Managing Director, Warner Music Singapore.