Let's Talk, Singapore

This week has seen a number of positive news stories as; Singapore held the first physical international trade show in APAC since the Covid-19 outbreak, The MAS announced more support for financial sector workers, and there was progress over in the US, as President Trump agreed to the transition to President-elect Joe Biden’s administration. Nicholas Fang, Managing Director of Black Dot and Director for security and global affairs at the Singapore Institute of International Affairs gives his analysis on these and more. 

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Asian Insider Ep 51: China ends absolute poverty in signature achievement for President Xi Jinping

14:10 mins

Synopsis: Every Friday, The Straits Times' US bureau chief Nirmal Ghosh presents an Asian perspective of the week's global talking points with expert guests.

China marked a milestone in its anti-poverty efforts this week, removing its last remaining counties from a list of poor regions.

ST's China correspondent Danson Cheong and University of Gottingen's Dr Yu Xiaohua explore its implications with host Nirmal Ghosh on Asian Insider.

Produced by: Nirmal Ghosh ([email protected]) & ST Video team

Edited by: ST Video team and Penelope Lee

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SingapoRediscovers vouchers can be redeemed from December 1 onwards. And, while many have welcomed the move, consumers who spoke to The Straits Times also expressed worries over the "complicated redemption process". So how difficult is it for Singaporeans to redeem these vouchers, and how will this initiative help Singapore’s tourism industry? Sarah Wan, SEA Marketing Director, Indonesia, Malaysia and Singapore, Klook shares more. 

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Sani Hamid, Director of Wealth Management, Financial Alliance discusses how a potential ramp up in bond buying will affect markets, and why he is bullish on a bounce in equities in the near term.

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According to the first American Express Business Recovery Research for Singapore, almost half of Singapore businesses reported improved sales in September and October 2020 compared to the same period a year ago. While this might sound like good news, survivability concerns still remain. So what can be done by businesses here to sustain themselves in the long run? Ho Yat Wai, Country Manager, American Express Singapore shares more.

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Over the weekend, the Singapore-Hong Kong travel bubble was abruptly postponed less than 24 hours before takeoff, due to the rising number of Covid-19 cases in Hong Kong. Yet, this hasn’t stopped Singapore Airlines stock soaring over 10 percent this week! Brendan Sobie, Analyst & Founder, Sobie Aviation gives his analysis on what has led to this rise for the stock after the disappointment at the start of the week.

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Lee Kian Soon, CEO of Astral Asset Management shares why 2020 may not be the best time to buy and hold, and how he's adjusting his fund's portfolio for the market's next phase with exposure to Hong Kong and China.

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When you think of furniture and carpentry, sustainability doesn't necessarily spring to mind, but that is what local player Roger&Sons is aiming to do. They use wood which they salvage from Singapore’s sawmills, and use every part of the log, from the bark and branches to the sawdust. Morgan Yeo, Director of Roger&Sons shares the damage fast-furniture has on the planet and the innovative ways they are putting sustainability at the forefront of their business.

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Straits Times Regional Correspondent, Leslie Lopez gives his analysis on why the Malaysian parliamentary vote Budget 2021 has been delayed, and what this might mean for the Muhyiddin administration, plus how the world's largest glove maker Top Glove has had to close its factories after more than 2000 employees tested positive for Covid-19 and how Thailand's police are taking action against protestors. 

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Experian recently launched the second wave of its Global Insights Report, which reveals a decline in APAC consumers’ financial wellbeing and spending power as a direct result of the pandemic. Ben Elliott, CEO, Experian Asia Pacific shares what those in the business, financial services and insurance industry can do to help consumers in financial distress while effectively managing credit risk.

 

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