Your Way Home with Hongbin Jeong

Supercars are on our agenda today, and this time, we want to talk about luxury car brand Lamborghini and its new hybrid model, the Revuelto. Priced at around US$600,000, the Revuelto is Lamborghini’s first ever plug-in hybrid.  The model, which was launched just back in March, already has a waiting list and two years worth of orders by mid-April, signalling the strength of the wealthy consumer amid a global economic slowdown.  But what will the rollout of the model look like with production scheduled to start in the second half of this year and delivery to the US to begin in the fourth quarter? Meanwhile, Automobili Lamborghini also reported a record breaking year for 2022. The company saw its best sales figure and delivered 9,233 cars worldwide - a 10 per cent increase over the previous year.  To what extent was this contributed by Asia and to what extent is the Chinese market a wild card?  On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Francesco Scardaoni, Region Director for Automobili Lamborghini Asia Pacific. 

He is a man with many talents - a man with many hats. He’s a multinational businessman & CEO Influencer, venture capitalist, lawyer, and a K-Pop artist. He’s David Yong.  And he has just released his newest Single - “Maybe Love” - and this is a collaboration with Moonbyul from MAMAMOO.  On K-influencers today, David Yong joins Hongbin Jeong to dive in further about his journey as a K-pop star, working in the Kpop industry as well as working with Moonbyul for his latest single.

Singapore shares opened markedly lower today, tracking overnight losses on Wall Street and Europe. The Straits Times Index shed 0.7 per cent to 3,260.77 points in early trade after 59.3 million securities changed hands in the broader market. In terms of companies to watch, we have for you Keppel Corporation, after the group said it will undergo a reorganisation. that will remove its conglomerate structure in favour of one which comprises fund management, investment and operating platforms.  Meanwhile, investors continue to keep their eyes peeled on the US Federal Reserve’s latest policy meeting.  The technology sector is also in focus with the chief executives of Alphabet’s Google and Microsoft, Open AI and Anthropic set to meet Vice President Kamala Harris and top administration officials to discuss key issues surrounding artificial intelligence. On Market View, the Drive Time team unpacked some of these developments on the show today.

With 75-year old Roy Hodgson making a big impression since being re-appointed at Crystal Palace, and 68-year old Sam Allardyce rumoured to be in line for a shock return to Premier League management - Elliott and Raushan ponder if age matters at all for football managers. What do you think? Got a story to tell? Get in touch with us! edanker@sph.com.sg raushan@sph.com.sg

Escape indoors into Raffles City and cool down with Spanish painter Sergi Cadenas’ first overseas exhibition since the onset of the pandemic! Taking centre stage are his signature masterpieces on which Sergi has made his name; kinetic optical portraits that unveil two different faces in one painting when seen from different angles. Sergi Cadenas, Artist, Represented by Singapore art gallery - Ode To Art tells us more on what to expect from his first overseas exhibition. 

From Malaysian Prime Minister Anwar Ibrahim acknowledging that there are parties plotting to topple his administration and the EU and US warning Malaysia of security risk in Huawei's bid for 5G role.  Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines. 

Whether you’re heading out for work or leisure, ride hailing has become one of the most common modes of transportation these days.  Besides tech giants Grab and Gojek, we want to talk about a newer player on the block that has been gaining prominence in Southeast Asia - TADA.  Launched in Singapore in 2018, TADA is the world’s first blockchain-based zero-commission ride hailing application, where its key mobility data such as transactions, movements, and the maintenance of people and vehicles are recorded in a single Mass Vehicle Ledge or MVL ecosystem.   The company further expanded into Cambodia in the same year, before setting foot into Ho Chi Minh City in Vietnam. But how does the company’s blockchain based application help it differentiate itself against major incumbents in the ride hailing industry? More recently, TADA has entered into a strategic partnership with foodpanda to introduce new user benefits for customers in Asia, starting with Singapore and Cambodia. What does this partnership mean for TADA as it positions itself for future growth?  On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down  with Jonathan Chua, Regional General Manager, TADA Mobility (Singapore) for more. 

Korea is known for its efficient and fast delivery food service. You can order anything from chicken wings and burgers to rice noodles and kimchi jjigae. On K-food today - I’ll tell you all the top foods South Koreans order on these delivery apps - so the next time you’re in South Korea, and you don’t want to leave your hotel room or your airbnb- you can just order like the Koreans.

Aged 52, Phua Min Tze is Team Singapore’s most senior female athlete at the 2023 SEA Games in Cambodia - two decades since she first represented the flag. Proving that age is certainly no barrier, Min Tze tells Elliott and Raushan about her journey and juggling act - between being the head of investment & asset management and a part of the national indoor hockey team. READ MORE: https://www.straitstimes.com/sport/first-sea-games-in-two-decades-for-52-year-old-indoor-hockey-player Got a story to tell? Get in touch with us! edanker@sph.com.sg raushan@sph.com.sg

Singapore shares rose this morning after the Labour Day holiday, mirroring gains in Europe. In early trade, the Straits Times Index (STI) rose 0.5 per cent to 3,287.75 points after 56.2 million securities changed hands in the broader market.  In terms of companies to watch today, DBS, after the lender posted a 43 per cent gain in net profit to S$2.6 billion for the quarter ended March, on higher interest rates, sustained business momentum and resilient asset quality.  Elsewhere, investors continue to digest the takeover of First Republic Bank by JP Morgan Chase as they remain laser focused on the Federal Reserve’s interest rate decision due mid-week.  On Market View, the Drive Time team sat down with Matthias Chan, Head of Research at SAC Capital for more.