Money Matters with Hongbin Jeong and Chua Tian Tian

Ahead of Singapore's 58th birthday, we commemorate National Day in conversation with the Lions' skipper Hariss Harun. Embodying Singapore’s spirit of resilience, the 33-year old talks to us about juggling life as a pro-footballer, a dad, a friend and a full-time student.  Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Singapore shares edged up at the open today, tracking overnight gains in the US and Europe.  In early trade, the Straits Times Index (STI) rose 0.1 per cent to 3,313.22 points after 63.1 million securities changed hands in the broader market. In terms of sectors to watch, Singapore’s banking scene continues to be at the front and centre of investors’ minds as banks registered resilient results for the second quarter of 2023.  Elsewhere, from the latest trade numbers out of China to ASEAN being a bright spot amid shifts in global supply chains and Moody’s cutting credit ratings of several small to mid-sized US banks – international headlines continue to be in focus. On Market View, the Drive Time team unpacked these developments with  James Cheo, Chief Investment Officer, Southeast Asia at HSBC Global Private Banking and Wealth.

Singapore automotive company Dickson Group has debuted an in-person live auction for used cars, which it says will give sellers a better price. The event offers vehicle owners the opportunity to receive higher returns for their pre-owned vehicles, on top of the selling price of their vehicles to Dickson.  Will live car auctions become the next big thing to spice up the used car market in Singapore? We find out from Kim Wah Boon, CEO & Founder, Dickson Group.

It’s that time of the year again where we see and hear fighter jets soar in the skies in celebration of National Day.  But if you want to be a Top Gun fighter in Singapore without leaving the ground – a trip to a retail flight simulator centre may be one of your better bets.  Our guest for today is WingsAcademy.sg, which prides itself as Singapore’s latest retail flight simulator centre offering simulator experiences in fighter jets such as the F-16C Fighting Falcon and commercial jets like the Boeing 737-800.  The company says it is not only targeting pilot trainees looking to get their flying licences as their customers, but also corporate clients looking for aviation themed leadership and management training programmes.  These corporate programmes can cost about S$12,000 for one person. So how lucrative is the business of flight simulators given that firms seem to operate with high fixed costs of acquiring the simulators and relatively lower overheads?  Meanwhile, Fortune Business Insights estimates the global flight simulator market – which looks at simulator providers servicing airlines – to grow from US$4.89 billion in 2023 to US$6.99 billion in 2030. But how big do industry players expect the market for retail flight simulators to be? On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Fabian Lim, Founder and CEO of WingsAcademy.sg and Mark Lim, Co-founder at WingsAcademy.sg for more. 

High-level Ukraine peace talks hosted by Saudi Arabia wrapped up over the weekend. Did the summit yield any progress in ending the war? Perhaps not, but they did focus attention on one global power broker: China. What can we make of China’s attendance, and its evolving position in the ongoing conflict? We speak with Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs to discuss the key headlines out of China. 

Technology is changing the way we work, live, and think. It is also becoming increasingly pervasive across many industries and professions, and the legal industry is no exception. How is tech changing the way lawyers work and how will it shape the future of the legal profession? We speak with David B Wilkins, Faculty Director, Center on the Legal Profession, Harvard Law School to find out more.

Arsenal gave their hopes of beating Manchester City to the Premier League title a mental  boost as they defeated Pep Guardiola's side on penalties to win the 2023 Community Shield. But is this merely a glorified pre-season friendly? Or will the psychological impact give the Gunners a upper hand in the season ahead? Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Singapore shares started the week in positive territory following a mixed showing in global markets overnight.  In early trade, the Straits Times Index (STI) rose 0.1 per cent to 3,296.84 points after 28.9 million securities changed hands in the broader market.  In terms of companies to watch for today, we have OUE Healthcare. That’s after the Catalist-listed healthcare group posted earnings of S$1.8 million for the first half of the year ended June.  Elsewhere from Singapore airlines planning to hike frequencies of its flight services to key destinations to unit holders of Sabana Reit voting to remove its manager – more corporate headlines are in store.  Also on the table – Warner Bro’s Barbie movie reaching US$1 billion at the box office to Apple seeing US$130 billion erased from its market valuation.   On Market View, the Drive Time team unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.

If you remember, Catherine, Princess of Wales was wearing a green dress at the Trooping the Colour ceremony that took place on 17 June. But did you know that she has worn a design by a Singaporean designer before?  You can now see this dress here in Singapore. The Asian Civilisations Museum has added a new dress to its ongoing special exhibition Andrew Gn: Fashioning Singapore and the World, a retrospective tracing the fashion journey of one of Singapore’s most prolific designers. Kennie Ting, Director, ACM and Peranakan Museum shares more.

Nanomaterials that could create, detect and manipulate light – that’s what we’re going to talk about today.  It may sound like a sci-fi movie, but these so-called ‘optical materials’ are widely used in our daily lives.  Think about the nanocrystals used to emit bright and life-like colours in our TV displays, or luminous materials in invisible inks used to mark barrels of oils for tax accounting purposes, and even materials that light up to allow researchers to view the vascular structure in our bodies.  Founded in 2018, our guest Nanolumi is an advanced materials company that uses cutting edge chemistries to provide nanocrystals and invisible inks I mentioned earlier.  Aside from that, such light emitting materials can also be used to track goods such as automotive parts and electronics throughout their supply chain and prevent counterfeit goods.  But how does this work exactly, and how much money does this represent for Nanolumi? On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Jax Lee, CEO, Nanolumi.