Money Matters with Hongbin Jeong and Chua Tian Tian

Having recently surpassed the 1000 mark for gold medals won at the SEA Games, just how many more can Team Singapore clinch at the 2023 edition? David Lee, Sports Correspondent with The Straits Times, joins us from Cambodia to review and preview the games thus far.  READ MORE: https://www.straitstimes.com/multimedia/graphics/2023/05/singapore-sea-games-1000-gold-medals/index.html?shell Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

After nearly three years, China has finally reopened its borders. That also means the return of Chinese tourists, who will provide a boost to businesses, especially in neighbouring countries, that used to rely on them. But will Chinese tourists make a revenge comeback?  Dr. Yong Chen, Professor of Marketing and Economics, EHL Hospitality Business School shares his views. 

From UK’s Prime Minister Rishi Sunak’s ruling Conservatives suffering big losses at an electoral test and what we know so far about Russia’s claims that Ukraine has launched a series of drone attacks on its territory in recent weeks.  Dr Samir Puri, Visiting Lecturer in War Studies at King's College London and author of 'Russia's Road to War with Ukraine' gives us an analysis of those headlines and more. 

At this time of the day we want to ask the question - what’s for afternoon tea. We're asking this question because we’re talking to a company that sells a snack commonly paired with Kopi O or soybean milk.  Bingo if you’ve guessed Youtiao or Chinese fried dough sticks. Our guest for today is You Tiao Man, which had its humble beginnings in a hawker stall back in the 1940s.  That is, before its fourth generation owner transformed it into the multi-chain food manufacturer it is today.  The company is now one of the largest wholesalers of You Tiao to hotels, caterers, restaurants, food courts and hawkers in Singapore and began distributing to supermarkets in Singapore in 2021.  From a traditional hawker business into a B2B and B2B2C manufacturing brand, we want to find out how this process has been for You Tiao Man, and what’s next for the company.  On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Audrey Chew, Chief Executive Officer, You Tiao Man for more.

According to a McKinsey & Company report, one in three employees in Asia experiences symptoms of burnout, and 80 percent are not turning to professionals for help.   The common factor contributing to these burnouts is work, and yet, 38 percent of employees in Southeast Asia are reluctant to share their mental health concerns with their managers. Lin Tan, ICF Master Certified Coach and Founder of Collective Change Institute shares with us what needs to be done to break this barrier or wall of mental health conversations at work. 

Napoli ended their long wait to win the Italian Serie A, ending 33 years of pain since club icon Diego Maradona led the team to their last title in 1990. But will this be the start of a Naples dynasty, or will it be a flash in the pan much like Leicester City's surprise Premier League title win? Elliott & Raushan are in conversation with Kaustubh Pandey, Editor-in-Chief at Get Italian Football News to find out more!  Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Singapore stocks rose this morning, despite overnight losses on Wall Street and in Europe.  In early trade, the Straits Times Index climbed 0.2 per cent to 3,249.78 points after some 53.2 million securities changed hands in the broader market.  In terms of companies to watch, we have for you OCBC, after the bank announced that net profit for its first quarter rose 39 per cent to a record S$1.88 billion, bolstered by strong net interest income growth.  Meanwhile, investors zoom in on Olam Group after reports said the agri food giant is planning to launch in June a dual IPO of its agricultural unit that could raise up to US$1 billion in Singapore and Saudi Arabia.  If actualised, the dual listing would solidify Southeast Asia as a global IPO hotspot and give a lift to Singapore’s IPO activity.  Elsewhere, all eyes are on April’s US consumer inflation due later tonight. That’s as traders continued to watch President Joe Biden and top lawmakers’ attempt to break a deadlock over raising the US$31.4 trillion US debt limit.  On Market View, the Drive Time team unpacked these developments with Carmen Lee, Head of OCBC Investment Research.

According to research by Boston College, companies that are already participating in the world’s largest-ever trial of the 4-day work week are not returning to the 5-day standard. But the real question here is, are organisations equipping their employees with the right tools to help them become more productive, portending a future where they need less time to complete ‘a week’s worth of work?’ Sherie Ng, Country Director, Singapore, Google Cloud gives us her perspective on this matter. 

From Thailand’s upcoming general election to the latest on the ASEAN Summit happening in Indonesia.  Dr. Felix Tan, Political Observer, Nanyang Technological University gives us an analysis of those headlines and more. 

We’ve talked in depth about artificial intelligence, synthetic data and ChatGPT. Now, what’s next? How about a new AI chatbot called SeaGPT?  Developed by Singapore-based company Greywing, SeaGPT uses GPT-4 technology to help shipping companies navigate port agency communication hurdles.  With SeaGPT, emails related to port agency communication can be instantly automated. It can also handle questions by crew managers, saving time and reducing the risks of errors or miscommunications.  Greywing says its SeaGPT solution can be further integrated with Slack, Microsoft Teams, Whatsapp and SMS. But really, how powerful can SeaGPT get?  And with the global maritime digitisation market estimated to generate US$423.4 billion by 2031, how much of a market share is Greywing aiming to get with SeaGPT? On Under the Radar, Drive Time’s finance presenter posed these questions to  Hrishi Olickel, CTO and Co-Founder of Greywing.