Money Matters with Hongbin Jeong and Chua Tian Tian

There are many misconceptions around bone marrow donation such as it being excruciatingly painful and causing infertility. These myths make individuals not want to go through with this process, another factor being that one must invest time to do it. There being a low number of donors makes, especially among Singaporean Indians and Malays, the chance of finding a compatible bone marrow donor very low. Raising awareness of this issue and encouraging the public to participate in donations is hence crucial. We speak to  Charles Loh, CEO, Bone Marrow Donor Programme more about this.

With the rise of e-commerce during the pandemic, Singaporeans have been shopping online much more compared to before. Moreover, as cost of living increases, consumers and retailers are becoming more cautious and price sensitive .To keep up with this trend, online and offline business strategies must be developed and employed. However, both channels should be seen as complementary rather than binary in order to be most effective. We speak to Leo Laforgia, Country Manager for Singapore, Amazon more about this.

Today we want to look at how high-net-worth individuals preserve their wealth after they experience a major liquidity event, such as when they sell off their companies and receive a large sum of money.  Our guests for today are from Tiger 21. This is a membership community that provides individuals – individuals with over US$20 million in liquid assets,  that is,  – their personal board of directors for candid discussions around wealth creation, preservation, family, legacy and philanthropy.  But how does this work in reality, and how does Tiger 21 monetise this highly valuable network? And with over 1,200 members across 45 cities and a cumulative US$140 billion in assets, Tiger 21 is now setting its sights in Asia.  Notably, it is currently in the process of expanding into Singapore. Question is – how does the company scale given that it operates in such a niche arena? On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Greg Wells, Chief Operating Officer of TIGER 21 and Hon Mun Yip, Singapore TIGER 21 Chair for more. 

The US and India have announced defence and chips deals at the White House. For India, this is in an effort to advance their technology, especially for defense and military purposes. US President Joe Biden travels to Chicago where he will deliver what is being billed by the White House as a major speech on his economic achievements, dubbed ‘Bidenomics’ which involves addressing issues around infrastructure, unemployment and climate change. Republicans are taking steps to expunge former US President Donald Trump’s two failed impeachments from his record. How likely is this and what will his role be in the upcoming election? We speak to Pushan Dutt, Professor of Economics, INSEAD to find out more about this.

During the pandemic, many have gotten used to working out at home, with home gyms and HIT exercises becoming popular ways to stay fit. Gyms under companies such as PURE Fitness have implemented more advanced technology in order to attract the Gen Z population. We speak to Theresa Shan, Managing Director, PURE Group more about this.

Singapore shares dipped today after global markets ended mixed overnight. In terms of companies to watch for today, we have Sabana Industrial Real Estate Investment Trust. That’s after its manager has criticised activist investor Quarz Capital’s proposal for the Reit to use an internal manager instead, warning unit holders that it may destroy the value of their investment.  Meanwhile, we’re seeing a number of international news making headlines including Japan’s inflation numbers, leadership changes at TikTok, layoffs at Ford and not to mention – a cage fight between Twitter’s Elon Musk and Meta’s Mark Zuckerberg. On Market View, the Drive Time team unpacked these developments with Shekhar Jaiswal, Head of Equity Research, RHB Bank Singapore.

In an effort to assist National Team football players with their retirement plans well in advance before they make the decision to hang up their boots, the Football Association of Singapore (FAS) has established a new initiative called the FAS Players’ Concierge. The brainchild of Baihakki Khaizan, the retired Lion's defender tells us all about the initiative and how it will help our footballers plan for life after football. READ MORE:  https://www.straitstimes.com/sport/football/fas-launches-players-concierge-to-support-lions-post-playing-career-needs Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

The gaming industry, due to it large and dedicated communities, stores a lot of personal and financial information, making it a prime target for cybercriminals. Although we cannot completely eradicate this threat, how can customers reduce the chances and/or effects of having their information stolen?  We speak to Reinhart Hansen, Director of Technology, Office of the CTO, Imperva more about this.

With big headliners making their way to our shores, ticket scalpers are back in ‘business’. Can ticket scalping be an issue we will ever overcome? Could legislation be put to play in this instance?  Khelvin Xu, Partner, Rajah & Tann Singapore LLP shares his views on this. 

We’ve heard of commercial REITs, residential REITs and industrial REITs. But how about a REIT focused on outlet malls in China specifically? Our guest for today is from Sasseur REIT which is an SGX-listed REIT since March 2018, and the first outlet REIT listed in Asia. The firm’s portfolio consists of four outlets in China, namely in Chongqing, Kunming and Hefei.  But why did the company focus on these Tier 2 cities? Also – how does the REIT assess its reliance on China, given the strict lockdowns we saw during the pandemic?  Meanwhile, the company recently reported its Q1 results, where distribution per unit rose 1.5 per cent from the previous year. The company attributed this to strong outlet sales boosted by pent-up consumer spending.  To what extent has tourism recovered to pre-pandemic levels and is there a significant difference between the recovery of domestic and international travels?  On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Cecilia Tan, CEO, Sasseur REIT  for more.