Your Way Home with Hongbin Jeong

The Monetary Authority of Singapore (MAS) has imposed a six-month pause on DBS Bank's non-essential IT changes to ensure that the bank keeps sharp focus on restoring the resilience of its digital banking services. DBS will not be allowed to acquire new business ventures during this period or reduce the size of its branch and ATM networks in Singapore. But why are such serious actions only taken now despite the bank facing major disruptions multiple times in the last year.  Benjamin Ang, Senior Fellow & Head, Centre of Excellence for National Security and Future Issues in Technology, RSIS NTU shares his views. 

Despite celebrating the highs of Joseph Schooling and Shanti Pereira in recent years, Singapore's sporting culture remains questionable. How then can we aspire to create a healthy eco-system to let budding athletes flourish? Soh Rui Yong, Singaporean national long-distance runner and holder of six national records, joins us from the United Kingdom to tell us more. READ MORE: https://www.straitstimes.com/sport/newly-wed-soh-rui-yong-breaks-two-singapore-records-at-valencia-half-marathon Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

The micro-hotel industry has seen incredible growth and is expected to reach over $150b by 2032, with Asia-Pacific holding one of the highest market shares of small rooms. What does this growth projection mean for micro-hotels like YOTEL?  Hubert Viriot, CEO, YOTEL explains the brand's ambitious expansion plans for Asia, including new projects in Japan, Malaysia and Thailand which will see YOTEL doubling its footprint in Asia by 2025. 

Singapore shares were pulled into positive territory today, following overnight gains on Wall Street.  That’s after the Federal Reserve’s decision to keep interest rates steady. In early trade, the Straits Times Index (STI) rose 0.4 per cent to 3,088.32 points, after 69.8 million securities changed hands in the broader market. In terms of companies to watch, we have DBS, after the Monetary Authority of Singapore yesterday imposed a “six-month pause” on DBS’ non-essential IT changes following repeated and prolonged disruptions of its banking services this year.  Meanwhile, from more on SingPost’s earnings to SoftBank’s pioneering a new bond-type stock, more local and regional headlines are in focus today. Also on deck – a deep dive into European and US headlines from Zalando and Estee Lauder’s earnings outlook to the Federal Reserve’s signal on interest rates.  On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.

Anyone feeling like AI is speeding up time in 2023. Everywhere we look there is innovation happening at what appears to be a faster rate than ever before. And as businesses continue to grow and evolve, it is essential to work with various teams within an organisation to understand how to harness the power of AI without causing unnecessary upheaval. But how can companies find the balance between AI innovation with human connection? Ricky Kapur, Head of Asia Pacific, Zoom shares his views. 

Tech companies, government officials, and experts from around the world are gathering at Bletchley Park to discuss the future of artificial intelligence. Described as a “world first”, UK Prime Minister Rishi Sunak's AI Safety Summit is expected to be a starting point for future policymaking on AI, which has developed rapidly in recent years. But will the UK AI summit actually achieve anything? What should we consider as a success from the summit?  We find out from Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific.

With the likes of Perry Ng and Luke O'Nien - two footballers plying their trade in the English Championship declaring their interest in swapping their British citizenship to become Singaporeans - we wonder: Is naturalisation and the enrolment of heritage players into the Singapore football team the best way to give the local game a shot in the arm? Would Perry and Luke be considered true blue Singaporeans? If not, why not? Deepanraj Ganesan, sports reporter with The Straits Times joins us to share his opinions. READ MORE: https://www.straitstimes.com/sport/football/for-the-lions-to-roar-s-pore-need-to-field-their-best-players Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

We speak to Tunku Khalsom, artist and business owner about her experience evolving from artist to businesswoman and the stigma about being an artist. 

In this special edition of The Evening Runway, guest co-host Tunku Khalsom, artist and business owner shares with us her thoughts on the recent evolution of the art scene, factors one should consider when starting an art business and the best way to sell art. 

Singapore shares advanced in early trade today, tracking overall gains in global markets. The Straits Times Index (STI) rose 0.1 per cent to 3,072.09 points then, after 26 million securities changed hands in the broader market. In terms of companies to watch today, we have Great Eastern, after the insurance arm of OCBC posted a 5 per cent increase in total weighted new sales to S$419.4 million for the third quarter ended September.  Elsewhere from WeWork reportedly filing for a Chapter 11 petition in New Jersey to more on media reports of China Evergrande’s plans for offshore bondholders, more corporate headlines are in focus.  Also on the table today – more news on two automakers that both have their names start with the letter ’T’ – Tesla and Toyota. On Market View, The Evening Runway’s finance presenter Chua Tian Tian sat down with Matthias Chan, Head of Research at SAC Capital for more.