Your Way Home with Hongbin Jeong

Russian President Vladimir Putin and North Korean leader Kim Jong Un held a rare summit this week that has raised concerns over a potential military deal between the two nations.

What can we make of this rare public show of diplomacy and what are the consequences of this meeting for both nations? 

Here's an analysis from Drive Time's Elliot Danker and Antonio Fatás, Professor of Economics, INSEAD.

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It is probably time that you’re thinking about dinner on a Friday afternoon, and on that note – how about a warm hearty bowl of noodles to kickstart your weekend?

Our guest for today is one of the largest manufacturers of fresh noodles in Singapore. 

Founded in 1996 as a noodle supplier, Leong Guan has since opened its own noodle manufacturing factory in 2006 and currently provides not only noodles, but also other food products such as tofu and dumpling skins.

It has also been targeting overseas markets by adopting technology to improve the shelf life of its products or to develop new products that can be exported. 

More notably, the firm was also introduced to an in-market buyer through EnterpriseSG to further expand their footprint into the US. But what should we know about Leong Guan’s foray into the West? 

On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Kevin Lim, Head of Strategy & Insights, Leong Guan Food Manufacturer.

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As the fastest men in the world hit the streets of Lion City this weekend, did you know there will be a Singaporean amongst them? Racing in the The Super Series, a support race at the Singapore GP, Yuey Tan will be competing for the 13th time on home soil. And we caught up with the 40-year old ahead of his race weekend. 

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Singapore stocks rose at the open, even as global markets were mixed overnight.

In early trade, the Straits Times Index (STI) climbed 0.3 per cent to 3,227.4 points after 30.8 million securities changed hands.

In terms of companies to watch, we have Prudential, after the insurer told The Business Times  yesterday that it has shelved plans for a separate wealth management unit in Singapore. 

Meanwhile, from Grab and GoTo possibly facing new rules in Singapore to the European Commission launching an investigation on subsidies for Chinese electric vehicle makers, more corporate headlines are in focus.

On Market View, the Drive Time’s finance presenter Chua Tian Tian unpacked the developments with David Chow, Director Azure Capital.

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Pencils are a much needed tool as we get through our work day, and today we’re going to bring you an inside look into a pencil manufacturer that has been around for over 250 (262) years!

Bingo if you’ve guessed Faber Castell. Founded all the way back in 1761, Faber- Castell is one of the oldest industrial companies in the world, and has been owned by the same family for – get this – nine generations!

The firm is headquartered in the German state of Bavaria. It is currently present in over 120 countries with its own production sites in ten countries, and sales companies in 22 countries. 

More notably, Faber Castell sells over two billion pencils and coloured pencils each year even in face of digitalisation – so what is its secret sauce in achieving that sales volume?

Meanwhile, the firm has moved beyond stationery into decorative cosmetic products as well. But what was the rationale behind the move to diversify, and what does this mean for Faber Castell’s stationery business? 

On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Andrew Woon, Managing Director,  Faber-Castell Malaysia, Indochina and East Asia for more.

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Double delight for Singapore football, as the senior men's team and under-23s clinched important results - with a 3-1 win over Chinese Taipei and last-gasp 2-2 draw against Vietnam respectively. But have the celebrations been over-zealous? Deepanraj Ganesan weighs in on this, and the road ahead - as we also hear from head coach Takayuki Nishigaya, and Lions' defender Lionel Tan.

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Singapore stocks opened higher today, even as global markets dipped overnight.

In early trade, the Straits Times Index (STI) was up 0.1 per cent at 3,217.57 points after 50.3 million securities changed hands in the broader market.

In terms of companies to watch for today, we have Thomson Medical, after the group’s public float dipped to 9.98 per cent. 

Meanwhile from shares of Olam Group taking a nosedive to what the markets are expecting ahead of the latest US inflation data, more international headlines remain in focus. 

On Market View, the Drive Time team unpacked these developments with Oriano Lizza, Sales Trader, CMC Markets.

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From details of the 12th Malaysia Plan (12MP) Mid-Term Review to Thailand’s new Prime Minister Srettha Thavisin pledging quick action to relieve the country’s post-pandemic economic problem

Adib Zalkapli, Director, BowerGroupAsia gives us an analysis of those headlines and more. 

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Paul Pogba has been provisionally suspended from playing because of an anti-doping offence, after tests revealed him to have elevated levels of testosterone in the aftermath of Juventus' 3-0 win at Udinese on 20th August 2023. If found guilty of doping, he could face a ban of between two and four years.

We hear from Fabrizio Romano and Mario Melchiot on the latest chapter of the Paul Pogba.

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Singapore shares inched lower today even as global markets rallied the day before.

In early trade, the Straits Times Index dropped 0.2 per cent to 3,213.10 points after 19.2 million securities changed hands in the broader market.

In terms of companies to watch for today, we have Olam Group. That’s after the group denied allegations made in recent media reports about its Nigerian unit and its subsidiaries being involved in a multibillion-dollar fraud. 

Elsewhere, Alibaba Group’s focus on AI and user experience and the surprise move by former CEO Daniel Zhang to leave the company over the weekend remain in focus. 

Not to mention, Pfizer-BioNTech and Moderna receiving the US FDA’s authorisation for their updated Covid-19 vaccines.

On Market View, Drive Time’s finance presenter Chua Tian Tian unpacked these developments with Matthias Chan, Head of Research at SAC Capital.

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