Money Matters with Hongbin Jeong and Chua Tian Tian

Singapore shares dipped this morning despite Wall Street’s gains overnight. The Straits Times Index was down 0.1 per cent to 3,314.77 points in early trade after 31.3 million securities changed hands in the broader market. In terms of companies to watch, we do have a number of Reits ranging from Keppel Reit, Sabana Reit, as well as a number of big names like Keppel Corp and UOI releasing their business update for Q1 FY2023 this week. But what can we expect on this front?  Elsewhere, the dollar eased earlier today after rallying strong last night after strong US economic data fanned expectations of further rate hikes by the US Federal Reserve in May. So what is the outlook of the dollar ahead? On Market View, the Drive Time team looked at how the Singapore stock market ended the day and the sectors and developments to watch with Jeff Ng, Senior Currency Analyst, MUFG.

Those who wish to enjoy skiing, snowboarding or surfing need not leave Singapore soon because a new attraction will provide such activities under one roof in the heart of Orchard Road!  The action sports arenas at Trifecta are inspired by the world’s best in each category; the snow slopes of Japan, the swelling waves of Bali, and the skate bowls of California. So what can we expect from this particular attraction when it opens later this year? Daphne Goh, Head of Marketing & Business Development, The Ride Side & Co-Founder, Trifecta gives us a sneak peek of what to expect from this upcoming adventure hub.

The past year has given us countless trends and cultural shifts in the way we work, travel, and meet colleagues and clients. While inflation and continued labour challenges across the travel and events sector leaves some trepidation - experts say there’s cause for optimism in 2023. What can hotels in Southeast Asia expect to see from the full return of MICE business and major leisure events? William J. Haandrikman, Managing Director, Fairmont Singapore & Swissôtel The Stamford shares his insights on the changes of the hospitality industry.

Taiwan will be buying as many as 400 US land-launched Harpoon missiles in the face of rising threat from China, how will China retaliate?  German Foreign Minister Annalena Baerbock wrapping up her three-day visit to China over the weekend, will Germany support China’s reunification cause? Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an overview of the latest news and more.

There’s a new K-drama series that’s been making waves lately in South Korea.  It’s Taxi Driver - Season 2.  It’s a story about a group of vigilantes running a secret on-call revenge service under the cover of a taxi company - called the Rainbow Taxi Company.  Season two is a continuation of season one with the company once again taking on revenge cases amid the threat of a major villain, seeking justice for the weak and downtrodden and championing those in need.  Like the first season- some of the revenge stories are based on real-life criminal cases. But there’s one episode in season 2 that has got people talking…  Credits: Soundbites from: Taxi Driver Season 2 | Official Trailer | Watch now on KOCOWA | [ENG SUB] @KOCOWA YouTube

Asian Civilisations Museum (ACM) is currently presenting a selection of exquisite garments and textiles in its latest refresh Textile Masters to the World: The global desire for Indian cloth. This exhibition is also the first step by ACM to move into the fashion and design space.  Kennie Ting, Director, ACM and Peranakan Museum shares on upcoming exhibitions and the future of ACM.

With their title charge hanging in the balance, have Arsenal blown a golden opportunity of winning the Premier League? Elliott and Raushan have their say. Got a story to tell? Get in touch with us! edanker@sph.com.sg raushan@sph.com.sg

Singapore shares started the week higher, despite Wall Street stocks retreating. European shares also hit their highest in over a year.  The Straits Times Index rose 0.3 per cent to 3,311.18 points in early trade after 35.3 million securities changed hands in the broader market. In terms of companies to watch, we have Keppel Corporation, after it announced that Asset Co, which is the entity majority-owned by external investors after the legal completion of Keppel Offshore and Marine with Sembcorp Marine, is actively engaging clients on potential contracts for its legacy rigs.  Meanwhile, from the drop in US retail sales to the latest corporate earnings from the banking sector, and the possibility of Microsoft’s Bing replacing Google as the default search engine on Samsung devices, international headlines continue to be in focus for today.  On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.

Social media, it has taken over the world and our lives!  But how have government bodies’ in Singapore use such platforms to engage with the public? Emplifi's  “Singapore Government Social Media 2022 in Review” report highlights how 27 statutory boards and 16 ministries are leveraging leading social media channelsto communicate and engage with Singapore residents on a wide array of topics. Varun Sharma, Vice President, APAC & Japan, Emplifi shares with us on how government bodies utilise social media platforms to connect with the public.

From at least four people killed with 28 injured in a mass shooting at a 16th birthday party in the US state of Alabama to former President Donald J. Trump providing the first look at his post-presidency business dealings with a new personal financial disclosure.  Steve Okun, Senior Advisor, Mclarty Associates gives us an analysis of those headlines and more.