Would you give up a monthly five figure take home salary to start a consumer brand?

The founders of homegrown tissue brand Cloversoft did just that. In The Afternoon Update, Rachel Kelly speaks to Angela Sim and Lynn Yeo, Co-Founders of Cloversoft to find out more about their entrepreneurial journey and what’s next for the brand.

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Veteran Singapore Actor, Paul Foster, joins The Afternoon Update to inspire us to lead a more meaningful weekend as well as share an exciting project he is working on to tackle ocean plastics - https://www.allclearfuture.com/

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On Money in the Market, Geoff Howie, Market Strategist at the SGX joins us to give us a market wrap of the week, with focus on STI's performance; the top actively traded counters of the day, including Genting Singapore; Singapore's export numbers; SGX's annual report; analysis of key US data, such as CPI and PPI; and expectations for next week as the US Fed announces their interest rate decision. 

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The coming of age for institutional interest in cryptocurrencies has seen the emergence of many digital assets-focused businesses seeking to capitalise on the industry’s potential, but few have found product market fit at such an early stage. Since its founding in 2018, Talos has been instrumental in enabling wide-scale adoption of digital assets by institutions and launching one of the industry’s most extensive technology infrastructure for end-to-end crypto trading. On Money in the Market, Samar Sen, Head of APAC at Talos joins us to tells us more about the currently crypto space and how Talos is enabling wide-scale crypto adoption through its platform.

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Singapore aims  to reach net zero by or around mid-century - And as the city state commits to doing its part to tackle climate change - the energy sector plays a key role in reaching the country's targets.

Rachel Kelly speaks to Mr Ngiam Shih Chun, Chief Executive, Energy Market Authority as he shares his views on Singapore’s future energy journey.

This SIEWcast is brought to you by Singapore International Energy Week and MONEY FM 89.3 in partnership with ExxonMobil.

01:26: What is Singapore's vision for charting the energy transition to 2050?

04:48: What are some of the key challenges when it comes to reaching energy targets for Singapore?

06:07: What are the opportunities and areas of growth for companies?

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While most 7-year-olds were out in the playground or learning how to ride a bicycle, Roy Ang was out hustling with his father who worked as a Karang Guni. And from a former Grab executive - he has now gone on to launch his own lifestyle brand, Evo. Their signature product - a pill that claims to help those who take it ‘bounceback’ . On Your Health, Rachel Kelly is joined by Roy Ang, Co-Founder and CEO, Evo, to find out more about his journey. 

02:44: How did your experience at Grab influence your decision to become an entrepreneur?

05:34: What was your fundraising experience like?

08:00: How did you find the right experts to help you develop the product?

10:45: What is one piece of advice you have for aspiring entrepreneurs?

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The dollar has climbed close to a 24-year peak against the yen today after hotter-than-expected inflation boosted bets for even more aggressive monetary tightening by the Federal Reserve. The dollar surged as high as144.965 yen, taking it close to the144.99 level hit a week ago. On Money in the Market, Lim Jun Kit, Strategist at Philip Nova explains the dollar's impact on the Japanese yen, the Chinese yuan, and the euro.  

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Global investment in clean energy will need to triple to an estimated $3.5 trillion annually by 2030, and nearly every industry will need a period of heightened investment. On the back of this - Singapore bank DBS has announced a landmark set of decarbonisation commitments. 

Rachel Kelly speaks to Yulanda CHUNG, Head of Sustainability, Institutional Banking Group, DBS to find out more.

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On Money in the Market, we take a look at the current trends of emerging markets in the current market, as we continue to face the impacts of the Russia-Ukraine war, surging inflation and continuous interest rate hikes. Steve Sun, Senior Portfolio Specialist with the Emerging Markets Equity team at Morgan Stanley Investment Management, joins us as we dive into the outlook of EM equities as well as how such markets are integrating ESG investments. 

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Oil prices have declined at the start of this week, amid mounting speculation that global demand is weakening. Crude has sunk by nearly a third since June, shedding all the gains since the start of the Russia-Ukraine war. On Money in the Market, Serene Cheong, Team Leader of oil trading in Asia at Bloomberg, joins us to tell us more about the recent oil price trends. 

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