Fogo Fungi is Singapore’s largest indoor mushroom farm, dedicated to sustainably cultivating premium gourmet mushrooms throughout the year without relying on pesticides or chemicals.

Their mushrooms are harvested twice daily to ensure freshness and are renowned for their vibrant flavor, meaty texture, and consistent high quality.

Trusted by top chefs, restaurants, and hotels across Singapore, Fogo Fungi delivers mushrooms that meet the highest culinary standards and elevate every dish.

On The Right Business, Hongbin Jeong speaks to Ryan Ong, Founder, Fogo Fungi, to find out more.

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A historic plunge in copper prices, just as traders thought they had it all figured out. President Trump’s surprise tariff pivot is sending shockwaves through the metals market, sparing raw copper but hitting finished products like pipes and wiring with a hefty 50% duty.

What does this mean for copper supply chains, manufacturers, and investors? Could it reshape global trade or simply add more uncertainty to an already volatile market?

On Wealth Tracker, Hongbin Jeong speaks to Craig Lang, principal analyst at CRU Group, to find out more.

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The Land Transport Authority (LTA) reported that public transport ridership in the first half of 2025 remains below pre-pandemic levels, averaging 7.47 million daily trips compared to 7.66 million in 2019.

While train ridership has continued to grow, supported by an expanding rail network, bus ridership has declined, and weekday morning peak hour travel has not fully recovered.

These trends reflect a deeper structural shift in travel behaviour influenced by flexible work arrangements, urban planning, and evolving commuter preferences.

On The Big Story, Hongbin Jeong speaks to Eric Fesselmeyer, Associate Professor of Economics, College of Integrative Studies, Singapore Management University, to discuss the public transport ridership decline and what more can be done to increase it.

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Singapore shares nudged higher as at afternoon time today as investors continue to mull the evolving global trade situation. 

The Straits Times Index was 0.37% higher at 4,224.17 points at 3.01pm Singapore time, with a value turnover of S$906.23M seen in the broader market.

In terms of companies to watch today, we have Keppel, after the group yesterday amended the terms of the sale of its 70 per cent stake in Saigon Sport City, with lower prices than previously announced. 

Elsewhere, from more on Advanced Micro Devices’ latest earnings and its comments on a possible return to the crucial China market, to how Cathay Pacific Airways said it would place a US$8.1 billion (S$10.4 billion) order for 14 Boeing 777-9 jets in its first deal with the US planemaker in 12 years – more corporate headlines remain in focus.
 
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Dan Chang, Investment Specialist and Trading Representative, PhillipCapital.

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With National Day looming large, Sports Minutes celebrates the everyday heroes who shape our sporting culture. Meet Ashok Kumar, the photographer who captures joy, pain and glory, then disappears into the background. Hear what it takes to shoot at the highest level, why trust matters more than fame, and what keeps him coming back for more.

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Foreign money is flooding into Asia. From green finance to AI and crypto, the region’s financial story is evolving fast.

A new report by CARMA shows foreign investment and sustainability are dominating headlines, but what’s driving the momentum, and which markets are really leading the charge?

On Wealth Tracker, Hongbin Jeong speaks to Sabrina Azmi, Research Solutions Director, Carma, to find out more.

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Terra Headshots uses AI to enhance portraits, but never to replace the deeply human connection at the heart of their work.

Founded by Eddie Lim and Joyce Yeo, the studio treats portrait photography not as a transaction, but as a therapeutic process rooted in empathy and trust.

Each session begins with an honest discovery conversation, where clients share their goals, personal insecurities, and how they want to feel in their own skin.

This personal, human-first approach stands in stark contrast to traditional studios, where clients are often rushed through a disconnected, production-line process.

On The Right Business, Hongbin Jeong speaks to Eddie Lim, Co-Founder, Terra Headshots & Joyce Yeo, Co-Founder Terra Headshots, to find out more.

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The government introduced the Economic Strategy Review (ESR), a comprehensive initiative designed to strengthen Singapore’s economic resilience in the face of mounting geopolitical challenges and rapid technological advancements.

To drive this effort, five specialized committees have been established, each focusing on a critical aspect of the economy: enhancing global competitiveness, accelerating technology and innovation adoption, fostering a vibrant entrepreneurial ecosystem, empowering the workforce with future-ready skills, and managing the social and economic impacts of industry restructuring.

Together, these committees aim to chart a forward-looking blueprint that secures sustainable growth, creates quality opportunities for businesses and workers, and positions Singapore to thrive in an increasingly complex global landscape.

On The Big Story, Hongbin Jeong speaks to Sumit Agarwal, Professor of Finance, Real Estate and Economics at NUS Business School, to find out more.

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Singapore shares moved higher today as investors continue to set their sights on corporate earnings out of the country.

The Straits Times Index was up 0.49% at 4,217.68 points at 2.06pm Singapore time, with a value turnover of S$761.78M seen in the broader market.

In terms of companies to watch, we have CapitaLand Ascendas Reit. The industrial property player posted a 0.6 per cent drop in DPU for the first half of the 2025 financial year, down to S$0.07477 (7.477 Singapore cents), on the back of an enlarged unit base. 

Elsewhere, from Singapore’s retail sales growing 2.3 per cent year on year in June, to gold prices rising on the back of a weaker US dollar following softer-than-expected US jobs data – more economic headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with James Cheo, Chief Investment Officer, Southeast Asia and India at HSBC Global Private Banking and Wealth.

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Property tycoon Ong Beng Seng has pleaded guilty on Monday (Aug 4) to abetting the obstruction of justice in a case linked to former transport minister S. Iswaran.

A second charge for instigating Mr Iswaran to obtain flights and a hotel stay from Ong will be taken into consideration during sentencing, which has been adjourned to Aug 15.

Both the prosecution and defence called for the court to exercise judicial mercy and impose only a fine, as Ong has advanced multiple myeloma, which is an incurable cancer.

So what exactly did Ong admit to? What sentence awaits him on Aug 15?

And more importantly, what does this case say about accountability, discretion, and Singapore’s zero-tolerance stance on corruption?

On The Big Story, Hongbin Jeong speaks with Associate Professor Mervyn Cheong, Deputy Director, Centre for Pro Bono and Clinical Legal Education, Faculty of Law, National University of Singapore, to find out more. 

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