Money Matters with Hongbin Jeong and Chua Tian Tian

The last three years have seen a massive upswing in luxury watch sales with the global market expected to be worth $32 billion by 2027. And new consumer segments, including young people, women and consumers outside of the US and Europe — the two largest watch markets for most of the 20th century — are leading the charge. So, when is a good time to start investing in a high-end timepiece? And what brands are worth investing in?  We find out from Jarod Ng, Co-Founder, Watch Capital.

Looking for a good deal when it comes to satisfying your western food cravings? Wild Olives is a western food stall located in Pasir Ris Central Hawker Center. Shawnrick Hu gives us his review on the food stall and what to order there. 

Companies and law firms have spent decades trying to get computers to do legal work with decreasing levels of human intervention, investing huge amounts of time and money in a problem nobody was sure could ever really be solved. With AI coming into the picture in recent times, will it hurt the function of legal advice? What will the worth of the lawyer of the future be like moving forward?  John Quinn, Founding Partner, Quinn Emanuel Urquhart & Sullivan LLP shares his views. 

From Beijing's attempts to strengthen ties with other countries like South Korea and Syria to senior Nomura official Charles Wang Zhonghe barred from leaving mainland China.  Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. 

Singapore stocks were little changed today, amid a mixed performance in global markets. In early trade, the Straits Times Index (STI) dropped 0.01 per cent to 3,215.09 points after  25.7 million securities changed hands in the broader market. In terms of companies to watch, we do have  Nio, after the Chinese electric vehicle maker said yesterday that it had “no reportable capital raising activity”. This was in response to media reports that the company is considering raising around US$3 billion in capital from investors.  Elsewhere from TikTok shopping facing headwinds in Indonesia to JPMorgan Chase’s CEO comments of a worse-case scenario of rates hitting 7 per cent in the US, more corporate and international headlines remain in focus.  On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with  Toby Gresham, Investment Counselor Team Lead, Citi Private Bank.

We’ve talked about electric vertical take-off and landing (eVTOL) aircrafts on the show. They come in the form of flying cars, air taxis or even delivery drones.  But just like how cars need to be parked at car parks or garages, and how aeroplanes need to stay at airports, flying cars and delivery drones also need to be parked somewhere once they reach their destinations.  Our guest for today designed the equivalent of car parks for such aircrafts.  Founded in 2019, Urban-Air Port designs, develops, manufactures, sells and operates ground, air and digital infrastructure.  More notably, the firm had in April last year opened what it calls the world’s first fully operational urban air-port and charging hub for eVTOL vehicles in Coventry in the UK  to spearhead a new age of zero-emission, low-congestion urban transport.  With Mordor Intelligence estimating the urban air mobility market to grow to US$36.75 billion by 2035, how lucrative is it for players to build hubs that specifically caters to this category of aerial vehicles?  And how will the competitive landscape change in the near term? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Andrea Wu, CEO, Urban-Air Port.

While Postecoglu has made a splash to life at Spurs, Pochettino's time at the Chelsea has got off to a difficult start. Tottenham have seemingly adopted Ange-ball in a matter of weeks, while the Blues continue to struggle to justify their billion-dollar wage bill. With patience running thin amongst the Stamford Bridge faithful, we wonder if identities actually matter in football?  James Walton, sports business group leader for Deloitte South-east Asia and ardent Tottenham fan weighs in! Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Singapore shares fell today, after Wall Street and Europe closed lower the week before amid concerns over prolonged elevated global interest rates. In early trade, the Straits Times Index (STI) dropped 0.2 per cent to 3,199.12 points after 35.4 million securities changed hands in the broader market.. In terms of companies to watch for today, we have Frasers Centrepoint Trust after its trustee has agreed to divest 143.9 million units in Malaysia’s Hektar Real Estate Investment Trust (Hektar Reit).  Meanwhile from more on Sheng Siong to Singapore’s headline inflation numbers and to China’s property stocks slumping ahead of the Golden week holiday, more local and regional headlines remain in focus.  On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with David Kuo, Co-founder, The Smart Investor.

Typically when people think of classical music, they envision composers like Mozart, Schumann, and Mendelssohn. But far too often, their female counterparts are overlooked.  Our next guest is an Australian composer of classical music. And from the age of five, she studied piano and music theory under her parent’s tutelage and at eight began learning the cello which coincided with her first experimentations in composition. Dr Melody Eötvös, Senior Lecturer in Composition, Melbourne Conservatorium of Music, University of Melbourne share with us, her personal journey in the tough global industry of classical music. 

Customer segmentation and targeting are essential for any business that wants to optimise its marketing and sales strategies. By dividing your customers into groups based on their characteristics, needs, preferences, and behaviours, you can tailor your messages, offers, and channels to suit each segment.  But how can a company use CRM to segment and target your customers effectively? Terri Chan, Group VP of Growth, HealthMetrics shares her company's experience in implementing a CRM platform.