BT Money Hacks

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

This week's episode looks at what it takes to start a crypto or blockchain-based business. Understand the foundational technology of crypto in this episode, which is brought to you by Withers KhattarWong: https://www.withersworldwide.com/en-gb/

BT's digital editor Chris Lim hosts Pang Xue Kai, co-founder of Tokocrypto, a cryptocurrency exchange based in Indonesia.

He explains the following:

1. What were the key challenges when starting a cryptocurrency exchange? (1:12)

2. Key challenges faced when starting Tokocrypto in Indonesia, and common challenges overseas (2:10)

3. Being compliant or even overly compliant, to legitimise a crypto exchange and make it mainstream with formative legal regulations (2:42)
4. Key factors you need to know to start a crypto or blockchain-based business in emerging markets (5:05)
5. Relating better to the local people of that market: In Indonesia, how showing that cryptocurrencies has characteristics similar to "digital gold" worked (5:38) 
6. Six steps of advice for listeners looking to start a cryptocurrency exchange or crypto-based business (7:35)

Withers Worldwide: https://bit.ly/3xiTFo0

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee and Hadyu Rahim

Follow BT Money Hacks podcasts every first and third Monday of the month, and rate us on:

Channel: http://bt.sg/btmoneyhacks

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Website: http://bt.sg/moneyhacks

Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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Discover more BT podcast series:

BT Mark To Market Podcast on: http://bt.sg/btmark2mkt

WealthBT Podcast on: http://bt.sg/btwealthbt

BT Podcasts on: https://bt.sg/pcOM

See omnystudio.com/listener for privacy information.

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

This week's episode looks at how fees can quickly multiply and hurt the bottom-line when businesses deal in multiple currencies via traditional payment rails. Find out why and how multi-currency wallets - for businesses - are one way around it, in this episode brought to you by HSBC: https://www.business.hsbc.com.sg/

BT's digital editor Chris Lim hosts Winnie Yap, managing director and head of Global Liquidity and Cash Management Singapore at HSBC. She explains the following:

1. What are the costs that SMEs face when making cross-border payments by transacting in multiple currencies through traditional payment rails? (1:00)
2. What is a multi-currency wallet for businesses, such as the HSBC Global Wallet, and how can it save time and money? (1:29)
3. Addressing SMEs' concerns about foreign exchange rates (3:05)
4. Does the HSBC Global Wallet work like virtual consumer wallets such as GrabPay? (3:52)
5. What are the risks to businesses that don't embrace new payment options such as multi-currency wallets? (5:52) 
6. A step-by-step guide for SME businesses to get started with multi-currency wallets if they want to save time and money (9:05)

HSBC Global Wallet: https://www.business.hsbc.com.sg/globalwallet

HSBC Business Banking for SMEs: https://www.business.hsbc.com.sg/hsbc-sme-business-banking

HSBC Commercial Banking for Singapore: https://www.business.hsbc.com.sg

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Follow BT Money Hacks podcasts every first and third Monday of the month, and rate us on:

Channel: http://bt.sg/btmoneyhacks

Apple Podcasts: http://bt.sg/oeXe

Spotify: http://bt.sg/oeGN

Google podcasts: http://bt.sg/oeGP

Website: http://bt.sg/moneyhacks

Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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Discover more BT podcast series:

BT Mark To Market Podcast on: http://bt.sg/btmark2mkt

WealthBT Podcast on: http://bt.sg/btwealthbt

BT Podcasts on: https://bt.sg/pcOM

See omnystudio.com/listener for privacy information.

BT Podcasts: How to invest in small-cap stocks

10:17 mins

Synopsis: The Business Times Podcast channel showcases niche series Money Hacks, Mark To Market and WealthWise, and sponsored series.

This episode focuses on small-cap stocks. A small cap is generally a company with a market capitalization of between $300 million and $2 billion

Find out what they are, why you should consider them, and how to go about investing in them, in this episode brought to you by RHB Singapore: https://rhbgroup.com.sg/

BT's digital editor Chris Lim hosts Jarick Seet, head of Small-Mid Caps Research at RHB Singapore, who explains the following:

Why should investors focus on small-cap stocks vs large caps, and why small-cap stocks with right fundamentals can outperform large caps? (1:08)

Key themes to note in RHB's regional Top Small Cap Companies Jewels 2021 book, which features new small cap stock ideas with undiscovered potential for investors to consider amid Covid-19 and the New Normal (1:45)

Why do small-cap stocks have an edge and why you can find value at a cheaper price in this space (3:54)

Besides the tech and semicon sector, how you can spot 'recovery theme' stocks (5:00)

Step-by-step roadmap for retail investors, starting with how to evaluate themes and work down the list of businesses that will benefit from such themes (6:44)

Comparing against companies' peers to check for overvaluation concerns & personal tips from Jarick Seet (7:55)

For RHB's Top 20 Singapore Small Cap Jewels 2021 Edition, contact: [email protected] 

RHB's Personal Investment: https://rhbgroup.com.sg/rhb/personal#Investment

RHB Facebook: https://www.facebook.com/RHB.SG

RHB LinkedIn: https://www.linkedin.com/company/rhb-singapore/

Produced by: Chris Lim ([email protected]), and Ernest Luis

Edited by: Adam Azlee

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Follow BT podcasts:

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BT Money Hacks Podcast on: https://bt.sg/btmoneyhacks

BT Mark To Market Podcast on: http://bt.sg/btmark2mkt

BT WealthWise Podcast on: http://bt.sg/btwealthwise

Feedback to: [email protected]

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Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

#BTCrossover

See omnystudio.com/listener for privacy information.

WealthBT Ep 2: Par insurance policies - Do lower illustrative rates suggest lower returns?

13:32 min

Synopsis: Learn to protect and grow your wealth in this Business Times monthly podcast series for affluent individuals, hosted by BT wealth editor Genevieve Cua.  

In this second episode of the the WealthBT podcast, BT's wealth editor Genevieve Cua looks into the insurance industry’s reduction of illustrative rates for par policies in July 2021. What does this mean for you?

She tackles the following points: 

What are par policies, and what are the new illustration or projection rates taking effect in July? (1:50)

Why are par policies’ illustrative rates being reduced? (4:18)

Life funds have actually performed well historically, in excess of the upper limit of the current illustrative rate (7:30)

Her expectation of what insurers’ product lineup of par products might look like in July: Perhaps a lower level of guaranteed return and longer breakeven points (9:28)

Produced by: Genevieve Cua ([email protected]), Ernest Luis, Lee Kim Siang

Edited by: Adam Azlee

Follow WealthBT podcasts and rate us on:

Channel: http://bt.sg/btwealthbt

Apple Podcasts: http://bt.sg/wbAP

Spotify: http://bt.sg/wbSP

Google Podcasts: http://bt.sg/wbGO

Website: http://bt.sg/wealthbt

Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

Discover more BT podcast series:

BT Money Hacks Podcast on: https://bt.sg/btmoneyhacks

BT Mark To Market Podcast on: http://bt.sg/btmark2mkt

BT Podcasts on: http://bt.sg/podcasts

See omnystudio.com/listener for privacy information.

BT Podcasts: Beef up your financial literacy with Money Hacks, WealthBT and Mark To Market podcast series

10:30 mins

Synopsis: The Business Times Podcast channel showcases niche series Money Hacks, Mark To Market and WealthBT, and sponsored series.

In this special episode, Money Hacks host Chris Lim chats with WealthBT host Genevieve Cua, and Mark to Market host Ben Paul, about how BT Podcasts will cover the 'New Normal' for you during the Covid-19 pandemic.

Produced by: Chris Lim ([email protected]), Genevieve Cua ([email protected]), Ben Paul ([email protected]), Ernest Luis and Lee Kim Siang

Edited by: Adam Azlee

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Follow BT podcasts:

Channel: https://bt.sg/pcOM

Apple Podcasts: https://bt.sg/pcAP

Spotify: https://bt.sg/pcSP

BT Money Hacks Podcast on: https://bt.sg/btmoneyhacks

BT Mark To Market Podcast on: http://bt.sg/btmark2mkt

WealthBT Podcast on: http://bt.sg/btwealthbt

Feedback to: [email protected]

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Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

#BTCrossover

See omnystudio.com/listener for privacy information.

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

This week's episode looks at how disability insurance and long-term care aren’t on the radar of many. Find out why this should be on your must-do list during this pandemic, in this episode brought to you by Great Eastern: https://www.greateasternlife.com/sg/en/index.html

BT's digital editor Chris Lim hosts Colin Chan, managing director of Group Marketing at Great Eastern, who explains the following:

1. Can you ever be too young to worry about disability insurance (1:48)

2. What is a "living" benefit, and why this is key if you have a longer runway of potential needs (2:52)
3. Many young people suffer disabilities caused by accidents and unforeseen circumstances (3:15)
4. Calculating long-term care costs in Singapore (5:50) 
5. How a 30-year-old can use CPF Medisave to pay for premiums up to $600 a year, including a yearly cash top-up for higher monthly payout benefits (6:47)

Great Eastern: https://www.greateasternlife.com/sg/en/personal-insurance/thelifecompany.html

Great Eastern’s Live Lifeproof with GREAT CareShield: https://www.greateasternlife.com/sg/en/personal-insurance/our-products/health-insurance/great-careshield/disability-support.html

Great Eastern’s Disability Coverage Calculator: https://www.greateasternlife.com/sg/en/personal-insurance/understand-insurance/financial-tools-to-know-what-you-need/disability-income.html

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Follow BT Money Hacks podcasts every first and third Monday of the month, and rate us on:

Channel: http://bt.sg/btmoneyhacks

Apple Podcasts: http://bt.sg/oeXe

Spotify: http://bt.sg/oeGN

Google podcasts: http://bt.sg/oeGP

Website: http://bt.sg/moneyhacks

Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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Discover more BT podcast series:

BT Mark To Market Podcast on: http://bt.sg/btmark2mkt

WealthBT Podcast on: http://bt.sg/btwealthbt

BT Podcasts on: http://bt.sg/podcasts

Follow our shows then, if you like short, practical podcasts!

See omnystudio.com/listener for privacy information.

WealthBT Ep 1: Claims-based pricing in Integrated Shield plans and how it works

15:17 min

Synopsis: Learn to protect and grow your wealth in this new Business Times monthly podcast series for affluent individuals, hosted by BT wealth editor Genevieve Cua.  

In this first episode of the WealthBT podcast, BT's wealth editor Genevieve Cua breaks down what you need to know about Integrated Shield policies and the recent debate and controversy over certain aspects of cover.

She tackles the following points:

Shield plans: How they give you options for the type of care you want - be it a private hospital or a Class A ward in a government or restructured hospital (0:40)

From April 1, 2021, all riders will now require you to co-pay 5 per cent of the hospital bill: Pros and cons (1:45) 

To contain costs and claims, some insurers have launched what they call claims-based pricing: How claims-based pricing works in Shield plans (4:32)

Examples of how some insurance companies here have designed their riders with claims-based pricing (7:30)

Questions for insurers: With such long-running and consistently poor results, are the policies actually mis-priced? How material are the cost factors of commissions and management expenses in the profitability equation for Shield? (11:00)

Produced by: Genevieve Cua ([email protected]), Ernest Luis, Lee Kim Siang and Penelope Lee

Follow WealthBT podcasts and rate us on:

Channel: http://bt.sg/btwealthbt

Apple Podcasts: http://bt.sg/wbAP

Spotify: http://bt.sg/wbSP

Google Podcasts: http://bt.sg/wbGO

Website: http://bt.sg/wealthbt

Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

Discover more BT podcast series:

BT Money Hacks Podcast on: https://bt.sg/btmoneyhacks

BT Mark To Market Podcast on: http://bt.sg/btmark2mkt

BT Podcasts on: http://bt.sg/podcasts

See omnystudio.com/listener for privacy information.

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

This week's episode covers insurance, a risk management fundamental you need to sort out before considering more advanced money hacks. Find out why critical illness insurance is more crucial than ever during this pandemic, in this episode brought to you by Great Eastern: https://www.greateasternlife.com/sg/en/index.html

BT's digital editor Chris Lim hosts Colin Chan, managing director of Group Marketing at Great Eastern, who explains the following:

1. What is critical illness insurance and where it sits in your insurance portfolio (0:44)
2. Understanding the latest multi-pay critical illness plan (3:12)
3. How such a plan can continue to cover you even after you suffer from your first critical illness (4:50)
4. Ensuring continued critical coverage given that illnesses are happening at a younger age (8:30)
5. The percentage top-up premium needed to ensure continued multi-pay critical illness coverage (9:35)

Great Eastern’s Live #Lifeproof: https://www.greateasternlife.com/sg/en/personal-insurance/thelifecompany.html

Great Eastern’s Great Life Advantage with add-on critical illness coverage: https://www.greateasternlife.com/sg/en/personal-insurance/our-products/life-insurance/great-life-advantage.html

Great Eastern’s Critical Illness Cover calculator: https://www.greateasternlife.com/sg/en/personal-insurance/understand-insurance/financial-tools-to-know-what-you-need/critical-illness-cover.html

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Follow BT Money Hacks podcasts every first and third Monday of the month, and rate us on:

Channel: http://bt.sg/btmoneyhacks

Apple Podcasts: http://bt.sg/oeXe

Spotify: http://bt.sg/oeGN

Google podcasts: http://bt.sg/oeGP

Website: http://bt.sg/moneyhacks

Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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Discover more BT podcast series:

BT Mark To Market Podcast on: http://bt.sg/btmark2mkt

WealthBT Podcast on: http://bt.sg/btwealthbt

BT Podcasts on: http://bt.sg/podcasts

See omnystudio.com/listener for privacy information.

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This week's episode is aimed at young working adults, on the importance of having some kind of financial plan sooner rather than later, instead of waiting till they have a sizeable sum to invest. It is brought to you by HSBC: https://www.hsbc.com.sg/

BT's digital editor Chris Lim hosts Deepak Khanna, head of wealth products and journeys at HSBC, who explains the following:

1. Why HBSC’s FinFit survey shows that young working adults in Singapore aged 24-39 are weakest in their retirement planning (1:34)
2. How is portfolio rebalancing connected to retirement planning (2:45)
3. Are there tailor-made, personalised portfolios you can stress test against various market scenarios? (4:46)
4. Why a "small" portfolio size should not stop you from reviewing your portfolio annually (6:50)
5. Step-by-step guide for young adults to start meeting their future retirement needs early (8:15)
6. Those who scored high on HSBC's FinFit survey review their finances yearly (12:25)

Find out how FinFit you are from HSBC: https://www.hsbc.com.sg/finfit/

HSBC's financial planning tools: https://www.hsbc.com.sg/financial-planning/

HSBC's Wealth Portfolio Plus, a relationship manager-guided journey: https://www.hsbc.com.sg/wealth/investments/wealth-portfolio-plus/

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Follow BT Money Hacks podcasts fortnightly on Mondays and rate us on:

Channel: http://bt.sg/btmoneyhacks

Apple Podcasts: http://bt.sg/oeXe

Spotify: http://bt.sg/oeGN

Google podcasts: http://bt.sg/oeGP

Website: http://bt.sg/moneyhacks

Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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Discover more BT podcast series:

BT Mark To Market Podcast on: http://bt.sg/btmark2mkt

WealthBT Podcast on: http://bt.sg/btwealthbt

BT Podcasts on: http://bt.sg/podcasts

See omnystudio.com/listener for privacy information.

Green Pulse Ep 48: Green Finance 101 (Pt 2) - Understanding carbon services & Singapore's potential to be a leader

15:22 mins

Synopsis: Every first and third Monday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change in this podcast series.

Singapore is charting a more sustainable future for itself, and has identified growth opportunities in carbon services.

In this second part of a two-part series on green finance, ST environment correspondent Audrey Tan and climate change editor David Fogarty discuss this issue with Mr Eugene Wong, chief executive of the Sustainable Finance Institute Asia in Malaysia, as well as Mr Anders Nordheim, who is senior vice-president for Asia sustainable finance at the World Wild Fund for Nature Singapore (WWF-Singapore).

Learn more about what carbon services are, and why Singapore is in a good position to take a lead in this area.

They discuss the following points:

What are carbon services? (1:05) 

The case for and against carbon credits (4:30) 

How carbon services can provide a business case for nature conservation (5:54)  

Why Singapore is an ideal hub for carbon services (8:34) 

Future of green finance (13:30)

Listen to Pt 1 - Green Finance 101: Directing capital to meet climate goals: https://omny.fm/shows/green-pulse-1/green-finance-101-directing-capital-to-meet-climat

Produced by: Audrey Tan ([email protected]), David Fogarty ([email protected]), Ernest Luis and Adam Azlee

Edited by: Adam Azlee

Subscribe to Green Pulse Podcast series and rate us on your favourite audio apps:

Channel: https://str.sg/JWaf

Apple Podcasts: https://str.sg/JWaY

Spotify: https://str.sg/JWag

Google Podcasts: https://str.sg/J6EV 

Website: http://str.sg/stpodcasts

Feedback to: [email protected]

Follow Audrey Tan on Twitter: https://str.sg/JLMB

Read her stories: https://str.sg/JLM2

Follow David Fogarty  on Twitter: https://str.sg/JLM6

Read his stories: https://str.sg/JLMu

#GreenFinance

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Discover more ST podcast series:

Asian Insider Podcast: https://str.sg/JWa7

Health Check Podcast: https://str.sg/JWaN

ST Sports Talk Podcast: https://str.sg/JWRE

Life Weekend Picks Podcast: https://str.sg/JWa2

#PopVultures Podcast: https://str.sg/JWad

Bookmark This! Podcast: https://str.sg/JWas

Lunch With Sumiko Podcast: https://str.sg/J6hQ

Discover BT Podcasts:  http://bt.sg/podcasts

Follow our shows then, if you like short, practical podcasts!

See omnystudio.com/listener for privacy information.