Money Matters with Hongbin Jeong and Chua Tian Tian

The Singapore’s Business-Improvement District (BID) Plan was introduced to improve specific defined areas and enhance the vibrancy of each precinct.  With 10 such BID precincts in Singapore, the Singapore River especially, is one of the most iconic one as it commands a significant share of footfall, whether from locals or tourists and investments from businesses. Michelle Koh, Executive Director, Singapore River One (SRO) shares more on SRO's efforts to keep the Singapore River precinct alive.

From Pheu Thai Party's Srettha Thavisin being elected as Thailand's new prime minister to the possibility of Malaysia suing Goldman Sachs over the 1MDB scandal.  Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. 

Manchester United forward Mason Greenwood will leave the club by mutual agreement after a six-month internal investigation into his conduct. Greenwood was arrested in January 2022 following allegations surrounding material which was published online. Charges against the 21-year-old England international, including attempted rape and assault, were dropped in February 2023.  Did the club make the right decision? And what about the way the matter was dealt with? Elliott and Raushan are joined by Deepanraj Ganesan, sports reporter with The Straits Times, to discuss.  Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Singapore stocks opened stronger today following overnight gains on the global market. In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,162.71 points after 32.3 million securities changed hands in the broader market.  In terms of companies to watch for today, we have Dasin Retail Trust after the Singapore Exchange Regulation issued a “trade with caution” alert for the trust yesterday.  Meanwhile, from India’s soaring food prices amid harsh weather conditions to computer chip company Arm filing for a NASDAQ listing, and S&P joining Moody’s in dimming its outlook on US banks – more international headlines remain in focus.  On Market View, the Drive Time team unpacked these developments with Matthias Chan, Head of Research at SAC Capital.

Do you remember the 1992 film 'The Bodyguard' starring Kevin Costner and the late Whitney Houston in her movie acting debut? Did it give you an impression that being part of a security team is ‘glamorous’?  Our next guest is in a company that provides services in the realm of executive protection and risk consultancy solutions. And not only that, he was also part of the security detail team for former PM Goh Chok Tong.  Aron Chew, Assistant Manager, AETOS VP International shares more of his experience in the industry and his approach when it comes to assessing the unique security needs of high-profile clients seeking close protection service

It’s all about digital assets today. Founded on Swiss and Singaporean heritage in 2017, our guest is Singtel-backed startup Sygnum, which touts itself as “the world’s first regulated digital asset bank”.  The company was awarded with its Swiss banking and securities dealer license in 2019 by the Swiss Financial Market Supervisory Authority or FINMA.  While the firm is not licensed as a bank here in Singapore, its Singapore arm Sygnum Singapore operates under a Capital Markets Services license from the Monetary Authority of Singapore to help accredited and institutional investors tap the digital asset markets.  More recently, Sygnum Singapore also received in-principle approval of the Major Payments Institution license from the MAS. That’s a move said to position the firm to provide regulated crypto brokerage service in future.  Quite a bit of jargon to get through, but at the heart of our conversation is this question – what exactly are the products and services offered by the firm and how do they differ by geography? Meanwhile, the firm has on a group level participated on projects to tokenise paintings by artists such as Picasso – but how important is this as a business vertical for the firm?  On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Gerald Goh, Co-founder and CEO, Sygnum Singapore.

Is sanitising your hands often a habit that has stuck with you in this post Covid-19 world? How important is it for us to continue with the good hygiene practices as we move forward in life?  And in an effort to continue evolving the health and hygiene landscape in the region, Reckitt has announced the launch of its new Research and Development (R&D) Centre in Singapore.  Vijayanand Sinha, President of ASEAN, Japan and Korea, Reckitt shares with us the role of innovation in changing up the health and hygiene landscape moving forward. 

From China launching military drills around Taiwan over the weekend to the country’s authorities publicly accusing a government worker of spying for the CIA.  Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. 

Spain reigned supreme to be crowned World Champions down under, but the true winners of the 2023 Women's World cup could be more than just La Roja. Sara Merican, former National Footballer and Singapore women's premier league champion, joins us to discuss and dissect the tournament and it's far-reaching impact on the women's game. READ MORE: https://www.straitstimes.com/sport/football/why-is-women-s-football-worth-it-this-is-why Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Singapore stocks opened weaker today after global markets ended the week mixed. In early trade, the Straits Times Index (STI) headed down 0.6 per cent to 3,155.93 points after 181.9 million securities changed hands across the broader market.  In terms of companies to watch for today, we have Singtel, after the telecommunications operator posted a net profit of S$483 million for the first quarter ended June.  Elsewhere, from China’s smaller than expected cut to lending rates to a media report of Citi considering a plan to disband its Institutional Clients Group and what to expect at the Jackson Hole symposium later this week,  more international headlines are in focus.  On Market View, the Drive Time team unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.