Let's Talk, Singapore!

Sheng Siong is back in focus after OCBC downgraded the supermarket operator to “hold”, citing stretched valuations following a strong 2025 rally. Dan Koh and Emaad Akhtar examine whether fundamentals justify the premium pricing, how Budget 2026’s CDC vouchers could help stabilise demand, and what investors should monitor next.

On International Day of Women and Girls in Science, Emaad, Ryan and Audrey share some of the greatest female inventions across history! Think paper coffee filters, the foot-pedal trashcan, disposable diapers and frozen pizza!   Presented by Emaad Akhtar, Ryan Huang & Audrey Siek Produced by Emaad Akhtar Edited by Trisha Yeong Photo and music credit: Pixabay & its talented community of contributors

Singapore’s industrial sector may not make splashy headlines, but it powers everything from semiconductors to AI infrastructure. Despite global trade tensions and rising supply, the market has held firm in 2025 — so how durable is that resilience? We speak with Dr Chua Yang Liang, Head of Research & Consultancy for Southeast Asia at JLL about where the real opportunities and risks lie, and what to watch as Budget 2026 approaches. Produced and presented by Audrey Siek

As fewer young people enter the hawker trade, some are finding new meaning in old paths. On Mind Your Business, the Breakfast Show speaks with Reuben Koh, Founder of The Reverie, about modernising a hawker business, balancing passion with practicality, and what small food operators need to survive and grow in Singapore today.

CapitaLand Investment reported a sharp 70% drop in full-year net profit after significant revaluation losses from its China portfolio weighed on earnings. While headline results disappointed, operating profit and fee income remained resilient as the group continues shifting toward an asset-light, recurring revenue model. Dan Koh and Ryan Huang unpack what drove the weakness, how the dividend held up, and what investors should watch next.

Singapore’s economy has closed the past fiscal year on a strong note, but many households are still navigating cost pressures, job uncertainty and a rapidly shifting global environment. As Budget 2026 is unveiled later today — the first of the new political term — expectations are high. Will the focus be on extending cost-of-living support, strengthening job security in an AI-driven economy, or rebuilding fiscal buffers for future shocks? Dr. Reuben Ng, Behavioural and Data Scientist at the Lee Kuan Yew School of Public Policy at NUS, joins the Breakfast Show to unpack the public mood heading into this Budget, the trade-offs policymakers face, and the key signals Singaporeans should be listening for when the speech is delivered. For more Budget 2026 insights: https://www.moneyfm893.sg/whats-on/budget-2026/

As Chinese New Year is just around the corner, we dive into the annual ang bao arithmetic! How much should we give nowadays? Do we think about “equalising” between families?  Plus, in a world where more adults stay single longer, when is it time to retire from collecting red packets? It’s tradition, budgeting, and a little family politics...  all in one festive conversation!   Presented by Audrey Siek, Ryan Huang & Emaad Akhtar Produced by Audrey Siek Edited by Trisha Yeong Photo and music credit: Pixabay & its talented community of contributors

Singapore heads into Chinese New Year on a festive high, with Q4 2025 GDP expanding nearly 7% year on year and full-year growth beating expectations. However, beneath the headline numbers, questions remain about how much of the surge was powered by AI-driven external demand versus genuine domestic strength. Song Seng Wun, Economic Advisor at SDAX, unpacks the drivers behind the upgrade, the risks and upside factors shaping MTI’s 2% to 4% growth forecast for 2026, and how vulnerable Singapore’s outlook is to global AI investment cycles, trade tensions and geopolitical uncertainty. We also examine why CNY still feels expensive despite easing inflation, and whether the rapid turnover in Singapore’s F&B scene signals renewal or deeper structural strain in the economy. Produced/Presented: Ryan Huang

Matt Maley, Chief Market Strategist, Miller Tabak looks at the US markets sending mixed signals as softer retail sales rattled confidence in the consumer outlook. The S&P 500 and Nasdaq slipped amid pressure on major retailers and fresh worries about AI’s impact on finance, while the Dow defied the gloom to notch another record close above 50,000. Produced/presented: Ryan Huang

Mood wellness is becoming part of everyday life, but turning science-backed benefits into products consumers actually enjoy is no small feat. On Mind Your Business, the Breakfast Show speaks with Sophian Abdul Rahman and Shaneika Ong of Hue about building a new wellness category through snackable formats, research-driven product development, brand trust, and scaling across Asia.