Money Matters with Hongbin Jeong and Chua Tian Tian

On 27 June, a nature enthusiast spotted mass oil slicks on the shores of East Coast Park. In Singapore, where shipping is an essential part of economy, this occurrence is not completely avoidable. There are already measures put in place to reduce the chances of this happening but what more can be done? We speak to Kua Kay Yaw, Former chairman of Marine Conservation Group, Nature Society (Singapore) more about this.

The Brewnanza Fest by Brewlander is happening from 3 to 6 August 2023 at the Bayfront Event Space. It looks to bring beer-lovers together, introducing different types of craft beer. It calls in overseas parties for even more diversity, along with music and other sources of entertainment to improve the experience for those who attend the event.  We speak to John Wei, Founder & Yeast Whisperer, Brewlander more about this.

E-hailing through various applications comes with its fair share of criticisms from both riders and drivers. These issues include those surrounding incentives for drivers, waiting times and ride costs. TADA is one of newer members of this industry and its approach to providing good e-hailing services is slightly different compared to its competitors. What efforts do they take to tackle these problems and what does the future of the company look like? We speak to Jonathan Chua, Regional General Manager and Said Salim, Driver-Partner, TADA Mobility (Singapore) more about this.

Former World No. 1 Caroline Wozniacki is set to make a comeback to tennis having retired from the sport in 2020 to start a family. The Dane spent 71 weeks at the top of the world rankings and finished with 30 singles titles - including a Grand Slam crown at the Australian Open in 2018. Mousummi Dutt, tennis commentator and international sports broadcaster, weighs in on Wozniacki's comeback as well as the upcoming Wimbledon Championships. Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Singapore shares started trading in positive territory today largely mirroring global markets. In early trade, the Straits Times Index (STI) was up 0.4 per cent at 3,220.16 points after 109 million securities changed hands across the broader market.  In terms of companies to watch today, we have Singapore Airlines, after news emerged that Temasek is selling around S$400 million worth of shares, or a 1.85 per cent stake, in the national carrier as a portfolio rebalancing act.  Meanwhile, from Nike’s earnings to SHEIN denying a US lPO more companies continue to be in focus. Also on our agenda today, China’s latest manufacturing activity contracted for a third straight month in June amid weak demand.  On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.

Today we’re going to talk to a company that hires over 105,000 employees around the world.  With over 130 years of history, ABB is a Switzerland-based technology leader in electrification and automation to drive industrial transformation and enable a more sustainable and resource efficient future.  The firm serves a wider range of clients from industries ranging from automotive, mining, marine, metals, life sciences, power generation, process automation to even pulp and paper and railway.  But how does it define the market it is in, and position itself differently for the different verticals or customer segments?  Also – what is in its order book for this year as far as Singapore is concerned? ABB, meanwhile, is investing US$1 million (check currency) to open a Digital Solutions and Training Centre in Singapore to train its staff to implement and operate digital solutions for electric systems. But what can we expect looking ahead? On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Jerrica Chooi, Country Holding Officer at ABB.

The discussion on the transfer market frenzy continues, with a host of clubs in the hunt for fresh blood. Who holds the trump card in these negotiations - the selling club, the buying club, the owners, the managers or the players themselves? Listen in as we hear from Fabrizio Romano, Eniola Aluko & Dharmesh Sheth on the latest transfer stories dominating the headlines. Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Quiet hiring, where employers make existing employees do tasks outside their regular job scope, is increasing in Singapore. This removes the need to go through the long process of bringing in new talent for that task. However, employers must not exploit the workers who take this initiative and recognize the merits of their hard work. We speak to Dr. Aaron Ng, Assistant Professor, Singapore Institute of Technology more about this.

Singapore shares started trading in positive territory today, tracking gains in the US and Europe. In early trade, the Straits Times Index was up 0.5 per cent at 3,220.76 points after 51.3 million securities changed hands across the broader market. In terms of companies to watch, we have Catalist-listed Don Agro International. The Russia-based agricultural company has proposed to sell its crop and milk production business –for 6.2 billion roubles or around S$113 million. Meanwhile, from UBS preparing to cut over half of Credit Suisse’s 45,000-strong workforce to SIA’s remuneration for its chief executive and its dividends for shareholders, corporate headlines continue to be in focus. On Market View, the Drive Time team unpacked these developments with Robert St Clair, Managing Director and Strategist, Fullerton Fund Management.

From Umno pressing for Malaysia's former prime minister Najib Razak's release to Thailand’s newly elected parliament meeting on July 03 but who will be their new prime minister?  We speak to Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs more about these headlines.