Let's Talk, Singapore

Recently blockchain platforms like OpenSea, and NFTs like Bored Ape Yacht Club are hot topics. With the amount of publicity surrounding these industries, it is no wonder the majority of startups are saturated within these sectors. Sophie Jokelson, Chief Marketing Officer and Co-Founder, Cove shares some pros and cons of setting up in a mature market, and how mature markets can potentially provide more stability as compared to newer markets. 

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According to Australian Foreign Investment Review Board (FIRB) data, in the two years to July 2020, Singaporean investors bought up $19.3 billion worth of Australian property. To put that in perspective, Singaporeans spent $6.1 billion more over that period than China, despite its economy being around 44 times smaller. Darien Bradshaw, Executive Director, One Global Australia shares an overview of the Australian residential property market and certain issues Singaporeans should consider when buying properties in Australia.

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In this morning's The Breakfast Brief, we discuss MAS's tightening of its monetary policy settings amid a further upward shift in Singapore's inflation outlook, the effects of a stronger Singapore Dollar on property markets, the release of the new 'Fight Club' ending in China, and more. 

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This week, Singapore and Indonesia ties took a major step after the conclusion of agreements on 3 long standing bilateral issues. Meanwhile, Thailand and Saudi Arabia finally held their first high-level talks yesterday after 3 decades! To give us an analysis of these and more, Leslie Lopez, Regional Correspondent, Straits Times joins us on the show. 

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Synopsis: The Straits Times analyses the latest developments in China in this weekly podcast.

The Straits Times' China bureau chief Tan Dawn Wei chats with Money FM 89.3's Elliot Danker and Bharati Jagdish.

Highlights (click/tap above):

00:32 China’s budding relationship with Russia

02:40 US President Joe Biden’s uncertainty on whether China tariffs will be lifted soon

04:16 US government suspending China-bound flights from the US

Produced by: Tan Dawn Wei ([email protected]), The Breakfast Huddle, Money FM 89.3 & Fa'izah Sani

Edited by: Dan Koh

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