Money Matters with Hongbin Jeong and Chua Tian Tian

If you watch a lot of romance k-dramas you’d know that Koreans refer to that as 썸 (sseom) It’s the stage where before you define the relationship.  But while it’s common to use 썸 now, there’s another slang word Gen Z’s use to define that kind of relationship -  It’s 삼귀다 (samgweeda).

Singapore stocks fell at the opening bell today after Wall Street equities ended mixed overnight. In early trade, the Straits Times Index (STI) dropped 0.4 per cent to 3,217.41 points as 92 million securities changed hands in the broader market.  In terms of companies to watch today, we have Seatrium. That’s after the group announced a net order book of S$20 billion for the year to date following the confirmation of multiple projects. Elsewhere, investors continue to keep a lookout on a number of developments out of the US ranging from slowing inflation and a new chief for Elon Musk’s Twitter.  The US debt ceiling standoff is also in focus, after a report from real estate firm Zillow says mortgage payment on a typical home could be 22 per cent higher if the US defaults. On Market View, the Drive Time team discussed the latest market moves and views with Benjamin Goh, Head of Research and Investor Education, SIAS.

Parents listen up! Kiztopia, Singapore’s mega-indoor kids’ edutainment playground has reopened its all revamped flagship outlet at Marina Square. And not just that, Kiztopia is also expanding its presence to more heartlands with the opening of two new outlets at The Woodleigh Mall and SAFRA Choa Chu Kang in May and June 2023 respectively. Heidi Tian, Founder & CEO, Kiztopia shares with us on how the brand has grown and expanded over the years. 

Rumours are rife that Jose Mourinho might be swapping Roma for PSG, while Daniel Ricciardo could be in line to return to the F1 grid with Scuderia AlphaTauri. Is this another shot at the top for two households name in the sporting world? Elliot & Raushan discuss the possibilities! Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

According to Allied Market Research, flip phones were the largest market in 2021, contributing nearly three quarters of the global foldable smartphone market. So does this mean that flip phones are making a comeback?  Dylan Yu, Head of Marketing, OPPO Singapore shares his observations. 

Singapore sports scene has evolved a lot over the last few decades. We have seen the country winning various major medals including an Olympic gold medal with Joseph Schooling. But why are we not supporting our own athletes more?  Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs shares his views. 

Can you imagine a world without keys? Well, that’s the vision of a Singapore-headquartered company that makes smart locks and lockboxes.  Founded in 2015, igloocompany offers a holistic suite of software and hardware products that enable seamless and secure accessibility for a robust digital economy.  Since then, igloocompany has also grown over the years to include an enterprise focused vertical, which focuses on large-scale access management.  Its smart locks and lockboxes, meanwhile, are sold in more than 100 countries all over the world, including in the US.  The startup was listed on Forbes Asia’s 100 small companies and startups to watch in 2022, and was reported to serve over 400 enterprise customers with 5 million digital credentials issued. The firm charged ahead in 2021 to expand in Austin, the US, and get a slice of the US$46 billion smart home market over the next few years.  It set an ambitious target then to deploy 1 million devices in the US across the next three years, but what is the status right now?  On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Best Haputpong, VP of Business Development, igloocompany for more.

Blackpink is coming to your area soon - hitting the stage right here in Singapore this weekend. While those going to the concert - will enjoy all of BlackPink’s iconic songs LIVE-  witnessing the members’ signature high-energy performances, stunning visuals, and powerful vocals,  All eyes will also be what kind of outfits and looks they will be wearing this time round.  So on K-fashion today, let’s take a look at some of the iconic looks they wore to their concerts. 

“Let’s grab a drink!”Most of us can all agree that alcohol is a great social tool (of some sort).  But thanks to the pandemic, more are practising conscious drinking, switching between no and low-alcohol drinks during hangouts or even bar hopping with friends.  So how is this an opportunity for the juice industry to make a comeback?  Ernany Siregar Jasmin, Founder + Managing Director, WSQR shares more.

Singapore shares opened slightly higher today after international markets ended mixed on news of US inflation cooling. In early trade, the Straits Times Index increased by 0.03 per cent to 3,423.11 points, after 71.6 million shares were traded. In terms of companies to watch, we have Singapore Airlines. The national flag carrier announced that it intends to redeem half of the mandatory convertible bonds (MCBs) it issued in June 2021.  Meanwhile, shares of The Place Holdings were heavily traded after the group said it is in talks to sell up to 11 per cent of New Vision Holding. Investors are also keeping tabs on a number of companies seeing developments today ranging from SingPost to CapitaLand Investment.  On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital