Money Matters with Hongbin Jeong and Chua Tian Tian

From China revising their conscription law to the country increasingly barring people from leaving, including foreign executives.  Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. 

From content writing, to providing human-like responses in chatbots, and to even coding. Generative AI has made its potential known to the world with the introduction of ChatGPT.  But besides, did you know that generative AI can be used in the process of drug discovery as well?  Today we speak with Insilico Medicine, a clinical stage AI driven drug discovery company that is delivering breakthrough solutions to discover and develop medicines in areas such as cancer, immunity and ageing. The company was selected by NVIDIA as one of the top 5 AI companies for its potential for social impact back in 2017. But how does it work, and what does a new drug discovery mean for the company? Separately, Insilico Medicine had also signed a strategic research collaboration with pharmaceutical giant Sanofi in a deal worth up to US$1.2 billion last November. So, what is the status right now? On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions toDr Alex Zhavoronkov, CEO of Insilico Medicine.

Today’s slang word is one of Gen Z’s favourite word.It's a word they live by - or strive to at least.  It’s 갓생 (godsaeng). 

Singapore shares fell this morning, despite gains in global markets overnight. In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,279.49 points after 89.3 million securities changed hands in the broader market. In terms of companies to watch today, we have Singtel, after the telco announced yesterday that it will be combining its consumer and enterprise business in Singapore into a singular operating company from June.  Meanwhile, property stocks continue to be in focus as investors mull the impact of the latest hikes in Additional Buyers’ Stamp Duty on homebuyers.  And not to mention - the number of S-REITS reporting their distribution per unit figures for the latest quarter ended March. My Drive Time colleagues and I discussed the latest market moves and views with Benjamin Goh, Head of Research and Investor Education, SIAS.

Singapore plays host to golfing royalty this weekend, as LIV Golf arrives to the Lion City. For those of you unaware, LIV Golf features 54-hole competitions, which includes 48 players competing in 12 teams of four with shotgun starts. And that's just the tip of the iceberg! We check in with Vicky Jones, Championship Director of LIV Golf to find out what fan cans expect this weekend at the Serapong Golf Club in Sentosa. Got a story to tell? Get in touch with us! edanker@sph.com.sg raushan@sph.com.sg

Sanitation is a basic human right. Yet, while Singaporeans enjoy easy access to clean water every day, 1 in 3 people in the world does not have a clean, safe toilet. Strap on your shoes next weekend and join ‘The Urgent Run’ Singapore at Marina Bay Events Square.  Find out about the event and more with Jack Sim (aka Mr Toilet), Founder, the World Toilet Organization.

What do you think are some of the biggest issues with people adopting the metaverse? Are the current stock of metaverses lacking the ability to create and develop strong bonds on platforms, especially between Web3 newcomers and veterans? Alan Kueh, Co-Founder, Memotics tells us about his platform and more.

As announced late on Wednesday night, foreigners buying any residential property in Singapore from yesterday (April 27) will have to pay an additional buyer’s stamp duty (ABSD) of 60 percent after it was doubled from 30 percent. While Singaporeans buying their second residential property will pay an ABSD rate of 20 percent, up from 17 percent, while those buying their third and subsequent residential property will have to pay an increased rate of 30 percent, up from 25 percent. Dr Lee Nai Jia, Head of Real Estate Intelligence, Data and Software Solutions, PropertyGuru Group shares his analysis and more.

Today we speak to one of the world’s largest fast moving consumer goods companies Unilever.  While we may be fairly familiar with Unilever, our guest for today is Unilever Food Solutions, which is the dedicated professional foodservice business of Unilever operating in 76 countries around the world. But how does Unilever Food Solutions fit in the bigger picture for the FMCG giant? Also, what does Unilever’s latest quarterly sales amid rising inflation mean for the subsidiary?  Aside from that, we also want to take a look at Unilever Food Solutions’ recent First Menu Trends report, and what the findings mean for the subsidiary’s product offerings in future.  On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Angeline Tan, Head of Country, Unilever Food Solutions (Singapore) for more.

There’s now a new Dalgona dessert trend that’s taken South Koreans by storm.  And it’s called the Adamamma dalgona, also known as Japanese Dalgona Karumeyaki.  If those of you that are wondering, Karumeyaki is Honeycomb toffee or honeycomb candy, a sugary toffee with a light, rigid, sponge-like texture. It’s gotten popular in Korea because it’s really a hit or miss - you can get it right the first time, but most probably you’d fail miserably several times before getting it right.  And I’ll tell you how you can make this yourself - the right way.