Money Matters with Hongbin Jeong and Chua Tian Tian

Forget 'quiet quitting'. There is a new workplace trend on the horizon in 2023 and it's called 'quiet hiring'. While quiet hiring might be the ideal solution for employers to ensure workplace efficiency without causing financial strain, how can employees use it to their advantage? On Culture Club, Drive Time's Elliot Danker and Timothy Go speak with Adrian Choo, CEO and Founder, Career Agility International to find out what employers and employees need to know about this new workplace trend. 

Singapore shares rose in early trade today, tracking a Wall Street rally as the Federal Reserve took interest rates higher by 25 basis points overnight.  But how have stocks, and in particular bank stocks, performed so far? Meanwhile the property sector continues to make the headlines with a number of property firms announcing their distribution and top line figures.  In particular, property developer Oxley saw a sharp decline in net profit for its first half. It was down all the way to some S$277,000 from S$23.5 million in the corresponding period a year ago. So why is this the case? On Market View, the Drive Time team posed these questions to Terence Wong, CEO of Azure Capital.

 Today we talk about Tom Brady who has once again retired and 55 year old Japanese player getting a professional football contract, so does age really matter in sports?  Plus what should you look our for when choosing a personal trainer.

No secret that travel is back, but how are those in the industry fairing in their recovery journey? Will the rise of digital-first travellers drive the digitalisation in the tourism industry as well? Victor Tseng, CFO, KKday shares how KKday fared in 2022 and how the rise of digital-first travellers is driving the growth of digitalization across the APAC tourism industry. 

Ukraine says Russia is preparing a major new offensive to coincide with the one-year anniversary of the war in Ukraine, and warned that it could begin as soon as 24 February. One year in, where does Ukraine currently stands, and what does Russia think of the war so far? And over in the United Kingdom, as many as half a million workers are striking as pay disputes escalate and the cost-of-living crisis continues. On Euro Watch, Drive Time's Elliot Danker and Timothy Go speak with David de Cremer, Provost Chair at National University of Singapore Business School for a deep dive into the key headlines out of Europe. 

Coffee is on the agenda for us today, with Starbucks Corporation set to unveil its results for the first quarter of fiscal year 2023 today.  According to Yahoo Finance, analysts are expecting an 8.6% on-year improvement in revenue, amid accelerating same store sales and unit growth, as well as a margin explosion.  Aside from the sales figures, it is also an exciting time for Starbucks in the US, with changes to its rewards programme and more. But what is the situation like for operations in Singapore, which is owned by Hong Kong-based Maxim’s Caterers?  How will Starbucks Singapore navigate issues surrounding its relationship with its customers, workers, and fellow industry players? On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Patrick Kwok, General Manager of Starbucks Singapore for more.

The metaverse scene in Singapore is heating up, with major players, such as banks and telcos mobilising their massive capital to develop metaverse capabilities. That being said, while powerful companies make big shifts in the virtual space, how can investing in the metaverse help small businesses? On Culture Club, Drive Time's Elliot Danker and Timothy Go speak with Kriskay Choo, Co-Founder and Chief Strategy Officer of Singaporean metaverse agency, CGAME to find out how they're providing metaverse-related solutions to small to medium-sized businesses and creators in Singapore. 

Today we look at the winners losers and questionable transfers on football deadline transfer day. Plus what should you look our for when choosing a personal trainer.

The Singapore Straits Times Index ended the first two days of the week in the negative territory. So what is the likelihood of the STI ending in the green, especially with the US Federal Reserve decision mid-week?  In terms of sectors to watch, a number of Reits have released their distribution per unit figures in January. Question is - how has the sector performed so far after falling 12% year-on-year amid economic headwinds, and what's the outlook ahead? On Market View, the Drive Time team spoke with  Jeff Ng, Senior Currency Analyst, MUFG  for more.

The digitalisation of trade finance looks for opportunities to bring technologies to the world of trade. It is also to reduce reliance on paper-based and manual processes and improve the customer experience.  Samir Neji, Founder, #dltledgers shares his views on why the trade finance scene is lagging behind when it comes to embrace digitalisation.