Money Matters with Hongbin Jeong and Chua Tian Tian

Ongoing conversations about regulating access to TikTok, owned by the Chinese company ByteDance, advanced on several fronts this week. On Capitol Hill, Republicans on one House panel moved forward on a bill to grant US President Joe Biden new powers to ban the app for more than 100 million American users, citing security threats. Why has the pressure been ratcheted up on TikTok? And what will this mean for the future of the social media app?  On Washington Report, Drive Time's Elliot Danker speaks with Trisha Craig, Vice President (Engagement) and Senior Lecturer of Social Sciences (Sociology and Political Science), Yale-NUS College to find out more. 

GetGo has seen tremendous growth since its launch in  2021, and is now dubbed as Singapore’s largest car-sharing service. With Singapore’s mobility sector looking to undergo a complete electrification as part of the nation’s wider Green Plan 2030, how will the company play a bigger role in the facilitation of EV adoption among Singaporeans? On Culture Club, Drive Time's Elliot Danker also speaks with Toh Ting Feng, CEO and Co-Founder, GetGo to find out if the car-sharing demand has surged in Singapore in a post-pandemic world. 

Broadcasting “live” sporting events like Formula E requires broadcasting partners to be at the top of their game in terms of speed, latency and audio-visual quality.  Unlike most live sporting events, a single Formula E broadcast draws from more than 160 different camera feeds. So what does it take to bring the event to audiences all over the world?  Dhaval Ponda, Global Head of Media & Entertainment Business, Tata Communications shares the expectations that Tata Communications must meet as the broadcasting partner for Formula E. 

What comes to mind when you hear the phrase ‘prepare for a rainy day’? How about insurance? In fact, we’re going to deep dive into the insurance sector today with Singlife, also formerly known as Singlife with Aviva. The company, which is backed by TPG and Japanese insurer Sumitomo Life Insurance, has been on an expansion drive since it obtained its licence in Singapore five years ago.  In particular, it is setting its sights on assets in the under tapped markets of Indonesia and Vietnam. But the question is how much potential is in the two markets?  Also - the Singapore-based company said last year that it is looking towards an IPO within five years, but what is the status right now? On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Pearlyn Phau, Group Chief Executive Officer at Singlife for more.

Alex Yoong, former Formula 1 Driver and teammate of Fernando Alonso, joins Elliott Danker and Zia-ul Raushan to look ahead to the 2023 F1 season. Will Max Verstappen maintain his stranglehold on supremacy or will Lewis Hamilton return with a vengeance?

Singapore stocks rose today following gains in US and Europe markets.  The Straits Times Index was up 0.3 per cent to 3,244.4 points in early trade after 216.1 million securities changed hands. Some notable names seeing new developments include Jardine Matheson, which announced a 5 per cent on-year increase in underlying net profit to US$1.6 billion for FY2022 yesterday.  We’re also tracking property group Hongkong Land, which reported yesterday a fall in underlying earnings by 20 per cent on-year to US$766.1 million for FY2022. On Market View, the Drive Time team broke down key developments of the week with Benjamin Goh, Head of Research and Investor Education, SIAS.

Motor Neurone Disease affects up to 500 adults in Singapore at any one time. Every year 30-50 new cases will be diagnosed. The disease kills a third of people within a year and more than half within two years of diagnosis. On Culture Club's Weekend Warrior, Drive Time host Timothy Go speaks with Stephen Davies, CEO and founder of asset management platform Javelin Wealth Management to find out how he is raising funds to help those with MND.

Valentine’s Day was just last month and while everyone may be focused on love, scammers are focused on targeting the lonely and lovelorn.  The love or romance scam is a social engineering technique designed to exploit a victim’s trust over time by developing a ‘relationship’ with them, typically through social media. What makes these scams so successful, and how can people recognise the warning signs before it is too late? Jennifer Cheng, Director of Cybersecurity Strategy, Proofpoint shares her views. 

Coach, Kate Spade and Stuart Weitzman. That’s right - we’re going to talk all about fashion today with Tapestry - the parent company behind the three brands I mentioned earlier.  The company recently released its fiscal 2023 second quarter financial results, where it raised its profit outlook for the full year.  Tapestry also added about 2.6 million customers in North America in the quarter - nearly half of them were Gen Z and millennials. Closer to home, the company also saw robust growth in parts of Asia, including in Japan, which together outperformed expectations.  But why is this the case, and what does that strong demand and younger customer base mean for the company in terms of product offerings and even pricing?  On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Mrs Campbell O’Shea, Vice President and General Manager at Tapestry Southeast Asia and Oceania for more.

People will soon be paying for plastic at more places, with most supermarkets set to charge at least five cents per bag from July 3.The move, part of a bid to reduce the use of disposables in Singapore, comes in tandem with efforts to ramp up recycling efforts in homes. But is this enough? What more can be done to ramp up recycling efforts in Singapore?  Tan Huileng, Executive Director. Zero Waste Singapore shares her views.