Money Matters with Hongbin Jeong and Chua Tian Tian

China’s economic recovery lost momentum in the second quarter. They are now focusing on high quality growth rather than high speed growth in order to solve this issue. John Kerry is in Beijing for a four-day trip to revive climate talks and perhaps they could use this as a common ground to improve the US-China relationship. Lastly, China’s Foreign Minister Qin Gang has vanished from public view and this could be an indication of a potential shift in China's foreign policy. We speak to Dr Chen Gang, Assistant Director and Senior Research Fellow,  East Asian Institute, National University of Singapore more about these headlines

Castlery is Singapore’s most popular homegrown furniture brand and is marking their 10th year anniversary with the opening of a brand-new global office headquartered in Singapore. They navigate this unique industry by closely watching the market and understanding consumer demands. We speak to Declan Ee, Co-Founder, Castlery more about this.

Singapore is a regional logistics hub for global players. According to research by TMX Global, disruptions in the global economy especially after the Covid-19 pandemic have set Singapore’s economy back by a staggering S$2.6 billion annually. Companies sharing information and collaborating to use technology is crucial for them to cope with supply chain risks. We speak to Greg O’Shea, Country Manager, Malaysia & Singapore, TMX Global more about this.

Harry Maguire's Manchester United spell appears to be coming to an end after he was stripped of the captaincy by boss Erik ten Hag. Skipper since 2020, Maguire has found his opportunities limited under Ten Hag and has been tipped to leave the club. Where does this latest setback leave him mentally? And what do professional athletes need to do to bounce back from adversity?  Rory Winters, mental health coach & founder of Edge of the Box mentoring, tells us more! Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Singapore stocks struggled to advance today following a mixed performance in global equity markets. In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,251.48 points after 68.9 million securities changed hands in the broader market.  In terms of companies to watch, we have Singapore Airlines, after the national carrier announced its June operating results last evening. The group carried 2.9 million passengers on a group level in June, up 50.4 per cent from a year ago.  Elsewhere, from US chip companies and Biden administration officials discussing its China chip policy to Australian developer Lendlease to cut 740 jobs globally, more international and corporate news are in focus.  On Market View, the Drive Time team dived into the details with Khoon Goh, Head of Asia Research at ANZ.

Today we’re going to talk to a German multinational technology conglomerate that set its foot in Singapore 115 years ago.  Bingo if you’ve guessed Siemens. Founded in 1847 as a small workshop in a back courtyard in Berlin, the company’s offerings now span across a wide range of industries such as digital industries, mobility, and smart infrastructure.  The firm first entered in Singapore back in 1908 by establishing a technical bureau in Singapore as a sales office of London-based Siemens Brothers Dynamo Works Limited in search of new opportunities, and has grown with the country since then. Question is, what is the role of Siemens Singapore in its global portfolio of businesses? Meanwhile, Siemens is set to build a S$290 million new factory in Singapore for its industrial automation and digitalisation product by 2026. That’s as part of a 2 billion Euros global strategy to expand the firm’s manufacturing capacity worldwide. But what can we expect on this front? On Under the Radar, Dr Thai-Lai Pham, CEO, Siemens ASEAN joined Drive Time’s finance presenter Chua Tian Tian in-studio for more.

Singapore shares started the day lower, after global markets ended the previous winning week on a muted note. In early trade, the Straits Times Index (STI) headed down 0.2 per cent to 3,240.71 points after 92 million securities changed hands in the broader market. In terms of companies to watch for today, we have  ESR Logos Reit. The Reit’s manager had on Friday said that its proposed divestment of seven non-core assets is in line with its strategy. It also dismissed “speculation or insinuation” of financial distress.  Elsewhere, from Singapore’s key export numbers to S-Reit earnings and to China’s GDP figures, more economic and corporate news are on the agenda. On Market View, the Drive Time team unpacked the developments with David Kuo, Co-founder, The Smart Investor.

Following Dele Alli's emotional tell-all interview about his struggles with depression and a traumatic childhood, the conversations surround mental health are once again dominating headlines. What more needs to be done to protect professional athletes? We speak to Rory Winters, mental health coach & founder of Edge of the Box mentoring, to find out more.  Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

By interacting with and working closely with tenants, along with the use of AI, NEX is undertaking multiple sustainability efforts. They take the primary principles of reduce reuse and recycle, and implement them in food and clothing stores in the mall. They also have strategies to engage the local community and encourage them to play their part in promoting sustainability. We speak to Eugene Toh, Senior Manager of Operations, NEX more about this.

Generative AI has had such an influence that it has begun to play an integral role in the day to day work of sales and marketing professionals. Through increasing awareness, and providing more training to these professionals, further strides can be made in this effort to combine generative AI with human effort to improve efficiency in this sector. We speak to Dan Bognar,Vice President & Managing Director, JAPAC, HubSpot more about this.