Your Way Home with Hongbin Jeong

Singapore shares dipped this morning, following a mixed showing in global markets overnight.

In early trade, the Straits Times Index (STI) inched down 0.1 per cent to 3,312.16 points after 42.3 million securities changed hands in the broader market.

In terms of companies to watch, we have CapitaLand Investment. The company today announced the launch of a business park development fund to invest in Grade A business parks in prime locations across gateway cities in India, but how significant is this move? 

Meanwhile, from China’s slip into deflation and Japan and South Korea’s tourism stocks on the rise, to WeWork’s struggle and the potential impact on markets such as New York City – more international headlines are in focus. 

On Market View, the Drive Time team unpacked these developments with David Chow, Director Azure Capital.

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Diving into the complex world of Harry Maguire: From captain to controversy, fame to struggle, and changing perceptions. Exploring the highs, lows, and complicated journey of the world's most expensive defender. As the much maligned defender edges closer to departing Manchester United - Deepanraj Ganesan, sports reporter with The Straits times, joins Raushan and Elliott on this tasty debate on Maguire's legacy. We also hear from Rio Ferdinand and Darren Bent, who share their thoughts on the defender.

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Would you quit your day time job to pursue a passion? This entrepreneur left the corporate world to pursue her pastry dreams. Having spent six years specialising in marketing and advertising, she took a leap of faith in 2013 by embarking on a sabbatical to explore her true calling. Her story is a testament to the determination and resilience that many women entrepreneurs possess. 

Jiawen Lin, Founder & Chef Owner, Arc-en-ciel Patisserie Singapore shares more about her experience in taking that leap into the pastry world.

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It’s all about music and concerts today. With a legacy that spans over 200 years, Warner Music Group, brings together songwriters, artists and entrepreneurs that are moving entertainment culture across the world. 

The firm has a recorded music division that operates in over 70 countries via a network of affiliate and licensees. 

It includes a number of renowned labels including 300 Entertainment and Atlantic, and manages some of the biggest A-listers in the world of music including Coldplay, Bruno Mars, Ed Sheeran. 

Aside from managing singers and bands and distributing music, the firm also has a music publishing arm called Warner Chappell Music where it holds over one million copyrights of songs across genres. 

But how exactly does an entertainment company like Warner Music Group operate? What is the difference between the operations of the published and recorded music departments? 

What strategic value does the artists and repertoire (or A&R) department, which is responsible for scouting recording artists and nurturing them, bring to the table for Warner Music Group?

Also – the Group recently reported improved streaming driven by a stronger release slate, but what is the situation here in Singapore? How does the recent concert boom mean for music distribution?

On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Gerald Ang, Managing Director, Warner Music Singapore.

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The tourism industry, particularly the hotels, is finally witnessing a ray of light post-pandemic. It is undeniable that the more prominent players in the industry are reaping the benefits of the sudden influx of tourism. But what about smaller hospitality organisations that can’t fully capitalise on the influx of tourists due to the lack of manpower? How can they can stay afloat and also fully capitalise on the surge of tourism?

We find out from Vikram Malhi, CEO and Founder of ZUZU Hospitality, a provider of revenue platform for independent hotels.

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More than 40 countries, including China, India, the US, and European countries, but not Russia, took part in peace talks in Saudi Arabia that ended on Sunday.

Given China’s recent differences with Russia, and a recent spat over a viral video of Chinese citizens being detained at the Russian border - is a turning point in sight for the Ukraine war?

We find out from Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific.

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Ahead of Singapore's 58th birthday, we commemorate National Day in conversation with the Lions' skipper Hariss Harun. Embodying Singapore’s spirit of resilience, the 33-year old talks to us about juggling life as a pro-footballer, a dad, a friend and a full-time student. 

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Singapore shares edged up at the open today, tracking overnight gains in the US and Europe. 

In early trade, the Straits Times Index (STI) rose 0.1 per cent to 3,313.22 points after 63.1 million securities changed hands in the broader market.

In terms of sectors to watch, Singapore’s banking scene continues to be at the front and centre of investors’ minds as banks registered resilient results for the second quarter of 2023. 

Elsewhere, from the latest trade numbers out of China to ASEAN being a bright spot amid shifts in global supply chains and Moody’s cutting credit ratings of several small to mid-sized US banks – international headlines continue to be in focus.

On Market View, the Drive Time team unpacked these developments with  James Cheo, Chief Investment Officer, Southeast Asia at HSBC Global Private Banking and Wealth.

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Singapore automotive company Dickson Group has debuted an in-person live auction for used cars, which it says will give sellers a better price. The event offers vehicle owners the opportunity to receive higher returns for their pre-owned vehicles, on top of the selling price of their vehicles to Dickson. 

Will live car auctions become the next big thing to spice up the used car market in Singapore? We find out from Kim Wah Boon, CEO & Founder, Dickson Group.

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It’s that time of the year again where we see and hear fighter jets soar in the skies in celebration of National Day. 

But if you want to be a Top Gun fighter in Singapore without leaving the ground – a trip to a retail flight simulator centre may be one of your better bets. 

Our guest for today is WingsAcademy.sg, which prides itself as Singapore’s latest retail flight simulator centre offering simulator experiences in fighter jets such as the F-16C Fighting Falcon and commercial jets like the Boeing 737-800. 

The company says it is not only targeting pilot trainees looking to get their flying licences as their customers, but also corporate clients looking for aviation themed leadership and management training programmes. 

These corporate programmes can cost about S$12,000 for one person. So how lucrative is the business of flight simulators given that firms seem to operate with high fixed costs of acquiring the simulators and relatively lower overheads? 

Meanwhile, Fortune Business Insights estimates the global flight simulator market – which looks at simulator providers servicing airlines – to grow from US$4.89 billion in 2023 to US$6.99 billion in 2030.

But how big do industry players expect the market for retail flight simulators to be?

On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Fabian Lim, Founder and CEO of WingsAcademy.sg and Mark Lim, Co-founder at WingsAcademy.sg for more. 

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