Money Matters with Hongbin Jeong and Chua Tian Tian

Founded in 2015, G8 is a Singapore headquartered company that develops and constructs renewable energy projects across the globe.  It also uses its expertise in subsea cable and engineering technologies to develop solutions that effectively connect large offshore wind turbines and floating solar systems to land.  The group currently has over 3GW of renewable energy and subsea transmission projects under Asia and provides specialised engineering services to leading contractors, governments, utility companies and project developers to accelerate renewable energy developments around the world.  With most of G8’s operations and projects located overseas in countries such as South Korea, the company is now setting its sights in West Africa. But really what are the opportunities there and how does G8 assess its reliance on overseas projects? Also, the firm said last year that it plans to explore a NASDAQ listing this year, but to what extent can we expect that to happen amid the current economic climate? On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Gerald Tan, Founder and Managing Director, G8.

From details of Ukraine's President Volodymyr Zelensky phone conversation with Chinese President Xi Jinping to Bank of England's top economist, Huw Pill saying that people in the UK need to accept that they are poorer otherwise prices will continue to rise. Dr Samir Puri, Visiting Lecturer in War Studies at King's College London and author of 'Russia's Road to War with Ukraine' shares his analysis on these headlines and more.

With UEFA President Aleksander Ceferin mooting the possibility of a salary cap in European football, Elliott and Raushan weigh out the merit of this proposal - and question if the essence of sport is being lost in pursuit of financial gains? Got a story to tell? Get in touch with us! edanker@sph.com.sg raushan@sph.com.sg

The Museum of Ice Cream has recently launched Singapore’s first ever official guidebook for desserts as part of Singapore Tourism Board’s SingapoReimagine Marketing Programme. As the first ever official guidebook to desserts in Singapore, Sweet Spots will be the comprehensive dessert guide that is representative of Singapore’s diverse culinary landscape. Pirakash T, Head of Asia Pacific for Figure8 & Museum of Ice Cream tells us more about this campaign and their experience being part of STB’s SingapoReimagine Marketing Programme.

Singapore shares fell this morning, mirroring losses in global markets. In early trade, the Straits Times Index (STI) fell 0.2 per cent to 3,291.7 points after 40.9 million securities changed hands in the broader market. In terms of companies to watch, we have for you Suntec Real Estate Investment Trust, after the Reit posted a distribution per unit (DPU) of S$0.01737 (1.73 Singapore cents) for the first quarter of 2023, a 27.4 per cent decline from the same period a year ago.  Meanwhile, mixed earnings reports in the US continue to weigh on investors though we saw promising earnings from Microsoft and Alphabet after markets closed.  On Market View, the Drive Time team unpacked these developments with Carmen Lee, Head of OCBC Investment Research.

From Asean risking losing its grip on the Myanmar crisis to the heatwave hitting the region.  Nicholas Fang, Managing Director, Black Dot and Director for Security and Global Affairs, Singapore Institute of International Affairs gives us an analysis of those headlines and more.

The theft of $35 million using deepfake voice technology to emulate the voice of a UAE bank executive in 2021 has reinforced the threat posed by deepfakes.  So, seeing is no longer believing as AI-powered tech provides cybercriminals with a sophisticated way to carry out cyberattacks, identity fraud, and other scams. How can organisations safeguard themselves against deep fake fraud and minimise the impact of future identity-based attacks? David Chan, Managing Director, Singapore, Adnovum shares on how you can protect yourselves from this AI facade and more.

Artificial Intelligence could help you plan your travel itinerary, come up with recipes.  But what about an AI-powered model that could capture patterns in the stock and options market that signals M&A, earnings shocks or FDA drug approvals?  Well, today we’re going to talk to the fintech company behind this AI model.  Founded in 2016, Qraft Technologies provides its AI models to banks, asset managers and insurance companies for them to launch investment products under their brands.  More famously, the company was known for raising US$146 million in Series C investment from SoftBank Group, the largest funding from the VC in a Korean enterprise after e-commerce giant Coupang.  But how does this work, what are the intricacies involved in operating an AI fintech company? Also, where will the US and South Korea focused company expand into next? On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Francis Oh, CEO, Qraft Technologies APAC for more.

We’ve all been there – when we go to the gym - it’s no pics or it didn’t happen. We’ve all taken selfies at the gym - especially a mirror selfie. Whether it’s a progress shot, or a pic for your Insta story - to tell your followers - "Hey, I gym bro." And the common hashtags we see a long with that photo is either - #gainz, #mondaychestday or #nopainnogainBut in South Korea - it’s a simple three letter word.  It’s K-slang of the week, on today’s episode we take on 오운완 (ohwoonwan).

Singapore shares fell this morning after global markets closed mixed or flat overnight. In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,322.83 points after 41.1 million securities changed hands in the broader market.  Some notable names seeing new developments include CapitaLand China Trust, after the trust posted a 1.6 per cent dip in net property income to 339.1 million yuan (S$65.5 million) for the first quarter of FY2023.  Meanwhile, a busy day for Asia which saw a deepening selloff in Chinese equities, and Netflix announcing plans to invest up to US$2.5 billion in South Korea over four years to produce Korean TV series, double the firm has invested in the market since 2016. On Market View, the Drive Time team unpacked these developments with Robert St Clair, Managing Director and Strategist, Fullerton Fund Management.