Your Way Home with Hongbin Jeong

HDB resale prices rose for the 26th straight month in August, with 33 million-dollar flats sold.

Is the million-dollar resale flat a continuing trend and will we see another wave of cooling measures?

Prime Time's Bharati Jagdish speaks with Dr Tan Tee Khoon, Country Manager of PropertyGuru Singapore for more insights.

Highlights:

01:53: Is price resistance setting in?

02:47: What is the reason of price growth and will the trend continue?

05:59: 33 million-dollar resale flats sold in HDB, is this a growing trend?

07:50: What are the top private property launches to look out for?

11:37: Do you foresee another wave of cooling measures?

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We basically want to insure things that we value as precious to us.

So, will we go to the extent of insuring our smartphones or tech gadgets?

In the Spotlight, Prime Time’s Bharati Jagdish speaks with John Trotter, Asia Head for Digital Partnership Distribution for QBE Asia to find out more.  

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Motorists driving to Malaysia are having to jump through hoops to get a refund for unused balance in their Touch 'n Go highway toll cards, which are deactivated after 12 months of disuse.

On the Straits Times the Big Story, Multimedia Correspondent, Hairianto Diman, spoke with Christopher Tan, Senior Transport Correspondent at the Straits Times about some of the motorists' experience in trying to get a refund, as well as the alternatives to the Touch 'n Go cards that motorists can use to pay for the road tolls.

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Bursa Malaysia’s leadership team is in town this week and we posed some of our burning questions to their leadership team. 

On our list of questions - Bursa Malaysia’s push towards Environmental, Social and Governance, or ESG goals, how the bourse is drafting up new rules for ESG disclosures, Bursa's IPO pipeline for the year and whether the stock exchange is exploring a trading link between Singapore and Malaysia. 

On Market View today, Prime Time's finance presenter Chua Tian Tian spoke with  Muhamad Umar Swift, CEO, Bursa Malaysia Berhad and Julian Mahmud Hashim Chief Regulatory Officer, Bursa Malaysia Berhad. 

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A 2022 NTUC survey has revealed that approximately 66 percent of employees are keen on upskilling to have better job progression.

Meanwhile, a survey by Rackspace Technology shows that companies are becoming more comfortable with “Cloud 2.0” technologies, regardless of the challenges in recruiting and retaining IT talents.

But it is still a race against time to close the tech talent gap. Prime Time’s Bharati Jagdish speaks with Sandeep Bhargava, Managing Director, Asia Pacific, and Japan at Rackspace Technology to find out more. 

 

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The use of mobile payments has significantly spiked due to the Covid-19 pandemic.

It has also led to the popular buy-now-pay-later scheme.

But sceptics are saying it entices consumers to run into the danger of overspending and overleveraging.

In the Spotlight, Prime Time’s Bharati Jagdish speaks with Bryan Quek, General Manager, Atome Singapore to find out more. 

 

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All eyes are on European markets this week as investors continue to mull economic risks in the region. The indefinite closure of the Nord Stream 1 pipeline to Germany, for one, has ignited fears of an energy crunch ahead of the winter season. The Euro fell to test a two decade low earlier in the week, while the Sterling hit a 2.5 year low, reflecting investors’ sentiments. But what would this mean for the European economy, and how will uncertainties there affect Asian economies and markets?

On Market View today, Prime Time's finance presenter Chua Tian Tian speaks to Manish Singh is the Chief Investment Officer of Crossbridge Capital Group to keep you up to date with all you need to know this week.

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The unexpected disruptions in the past two years have urged governments to change their ruling approach.

Digital solutions were increasingly being adopted to tackle difficulties evolving from the pandemic, including tracing infected cases and maintaining safety for citizens.

Such a lesson now turns into a foundation of digitization priority.

Prime Time’s Bharati Jagdish speaks with Max Peterson, Vice President, Worldwide Public Sector, Amazon Web Services to find out more.   

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The UK's incoming prime minister will be shortly announced later today.

The new successor will have to handle the current economic crisis and the pressure coming from the hike in energy costs.  

In the Spotlight, Prime Time’s Bharati Jagdish speaks with Rich Preston, Senior World News Reporter / Presenter, at the BBC to find out more. 

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US non-farm payrolls rose 315,000 in August, a little lower than the 318,000 expected by Dow Jones economists, but will the data is enough for the Fed to change their minds on a jumbo rate hike come September? 

At the same time, Russia’s Gazprom has announced an indefinite shutdown of its key Nord Stream 1 pipeline to Germany after G7 countries agreed to impose a price cap on Russian oil. Have this foreshadowed the positive sentiments over the US jobs report?

And in currency news - the Yen has crossed the psychological 140 mark against the dollar. Bitcoin, meanwhile, falling below the US$20,000 support level. Where will the Yen and Bitcoin move in the near term?

On Market View, Prime Time's finance presenter Chua Tian Tian broke down the market action with Craig Erlam, Senior Market Analyst, UK & EMEA at OANDA. 

 

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