Your Way Home with Hongbin Jeong

Singapore stocks were lower at about 2.20pm today as investors digested more earnings from notable names including Olam, ComfortDelGro and Sheng Siong.  The Straits Times Index fell 0.7 per cent to 3,893.81 points then, with a value of S$1.10 billion in the broader market. In terms of counters to watch today, we have Olam, after the agribusiness giant today reported a net profit of S$38.4 mil...

When you think of the Women’s Premier League in Singapore, the Lion City Sailors probably come to mind—and for good reason. As the 3-time reigning champions the Sailors often dominate the headlines, and their opposition. But in 2024, two standout individuals from Geylang International stole the spotlight at the WPL Awards. Ratna Suffian was named Coach of the Year, while Farah Nurzahir...

Bitcoin dropped to a three-month low of $84,900 on February 27, breaking below $85,000 for the first time since early January. Bitcoin exchange-traded funds saw more than $1 billion pulled in just one day earlier this week. This marked the largest one-day outflow since Bitcoin ETFs debuted last year. What are the driving factors behind this massive withdrawal? What are the broader implication...

The Codette Project is a pioneering non-profit organization dedicated to empowering minority and Muslim women and girls by providing them with the skills, resources, and opportunities to succeed in the tech industry. Founded in 2015 by Nurul Jihadah Hussain, The Codette Project was created in response to the significant underrepresentation of women from minority backgrounds in technology fields. O...

On February 24, 2024, Mr. Koh Seng Choon, founder of Dignity Kitchen, was named The Straits Times Singaporean of the Year for his incredible work in empowering individuals with disabilities. Since founding Dignity Kitchen in 2010, Mr. Koh has created meaningful employment opportunities for people who face social and economic challenges, including those with disabilities, former inmates, and single...

Gordon PWC has partnered with Tequila Tromba, a globally renowned brand founded by Marco Cedano, the legendary creator of Don Julio, to offer an exclusive tequila cask investment opportunity. With a fixed 8.5% annual return, investors can purchase blanco tequila casks, age them for three years, and sell them back to Tromba for their prestigious extra-añejo production. As global demand for p...

An unprecedented number of multi-cornered fights could feature in the next Singapore general election. At least six group representation constituencies (GRCs) are drawing interest from multiple opposition parties. Checks by ST found that five GRCs might see three-cornered contests between the PAP and two opposition parties. They are Ang Mo Kio, Nee Soon, Pasir Ris-Punggol, Sembawang and...

Singapore shares dipped at about 2pm today as investors continued to mull earnings from notable names including ST Engineering, CapitaLand Investment, and Yangzijiang Shipbuilding. The STI was down 0.08% at 3,904.89 points then with a value turnover of S$1.08 billion in the broader market. In terms of companies to watch, we have Yangzijiang Shipbuilding. The group reported a net profit of 3.6 bill...

In today's digital age, children are spending more time online than ever before, but with that comes growing concerns about their safety. From privacy issues to online predators, the internet can be a dangerous space for young users. Kieran Donovan, a former lawyer turned cybersecurity entrepreneur and founder of k-ID is setting out to address this very issue. k-ID protects and empowers kids and t...

A tussle between father and son for control of property giant City Developments Limited (CDL) was revealed on Feb 26, with executive chairman Kwek Leng Beng publicly criticising his son Sherman, who is CDL’s group chief executive.  The older Kwek said that he has filed court papers to address the “attempted coup” by Mr Sherman Kuek, 49, board members Philip Lee Jee Cheng&nbs...

If you’re in real estate, especially residential development, you’ll want to hear about Proplens AI. This innovative platform offers two powerful solutions: An AI interface for engaging with your homebuyer leads and an internal AI co-pilot designed to assist your sales and support teams. Proplens AI seamlessly integrates your proprietary project data, along with external datasets...

Bitcoin kicked off the year in rally mode, fueled by optimism about the positive changes the new Trump administration was expected to make for the crypto industry. But that seems to have come to an end.  Bitcoin has tumbled below $90,000 to hit the lowest level since mid-November, as the rally that followed Donald Trump’s election to the White House reverses under the weight of his trad...

Singapore shares were roughly flat at around 2pm today, as investors continue to mull corporate earnings out of the country.  The STI was up 0.19 point then at 3,916.06 points with a value turnover of S$950M in the broader market.    In terms of companies to watch, we have OCBC after the lender today reported a net profit of S$1.69 billion for the fourth quarter ended December, up 4...

Manchester United legend and 13-time Premier League winner Ryan Giggs steps into the Sports Minutes hot seat - reflecting on his illustrious career, Sir Alex Ferguson’s enduring legacy, and the frustration of watching rivals Liverpool rise while his beloved Red Devils struggle to reclaim their former glory. But could Ruben Amorim be the man to turn things around at Old Trafford? Tune in to f...

The real estate sector saw notable movements as several REITs and property companies reported weaker rental income and lower distributions, signalling a shift in the local market. Also, President Donald Trump’s protectionist trade measures, including tariffs on semiconductors, autos, and pharmaceuticals, are raising concerns about disruptions to global supply chains. His crackdown on Chinese...

DBS Group Holdings expects to reduce its contract and temporary staff by around 4,000 over the next three years as AI increasingly takes on roles carried out by human beings. Elsewhere, global banks will cut as many as 200,000 jobs in the next three to five years as AI encroaches on tasks currently carried out by human workers, said a Bloomberg Intelligence (BI) report in January.  Still, man...

With Singapore’s life expectancy at 83 years and rising costs of living, ensuring a financially secure retirement is becoming increasingly complex. Many Singaporeans prioritise family needs over personal savings, and traditional retirement planning may not be enough to support them through decades of retirement. Hence, Manulife Investment Management is launching a new customisable investment...

PharLyfe+ is an innovative healthcare startup dedicated to transforming the way medication is delivered to patients. Founded by Dr. Tan Poh Leng and Associate Professor Chan Sui Yung, PharLyfe+ develops medicated oral films that offer a safer, simpler, and more sustainable alternative to traditional forms of medication such as pills, syrups, and injections. These films are designed to dissolve qui...

Ukrainian President Volodymyr Zelenskyy said he would be willing to resign from his post in exchange for peace in Ukraine or NATO membership. Zelenskyy's comments come ahead of the third anniversary of Russia's invasion of Ukraine and amid rising tensions with US President Donald Trump. Will the Ukrainian president relinquish his position? What will that mean for Ukraine’s future with NATO a...

Singapore stocks closed slightly lower today, with the STI slipping 0.06% to 3,927 points despite early gains. Olam announced a US$1.8 billion deal to sell a significant stake in Olam Agri; meanwhile, Raffles Medical reported earnings growth, reflecting resilience in the healthcare sector. Elsewhere, we break down Singapore’s latest inflation numbers, SGX’s surge following new market-b...

Singaporean investors are shunning local stocks as they seek quicker gains and better liquidity in global markets. But are there no great opportunities in the local stock market? Is it all a matter of perception? Are there any hidden gems investors are overlooking? Or is the Singapore stock market as bad as it’s made out to be? On Wealth Tracker, Hongbin Jeong speaks to Dan Chang, Investment...

On a SIX-match winning streak in the league, with a SIX-point advantage at the top and a game in hand - the Lion City Sailors are gaining momentum in their pursuit of being crowned champions of the 24/25 Singapore Premier League season. But could the upcoming midweek clash against second-placed BG Tampines Rovers throw a spanner in the works? Deepanraj Ganesan weighs in, and reviews the rest of th...

VFlowTech is a Singapore-based company revolutionizing energy storage with its innovative vanadium redox flow battery (VRFB) technology. Founded in 2018, VFlowTech focuses on creating scalable, safe, and sustainable energy storage solutions that address the challenges of renewable energy intermittency. With a commitment to eco-friendly and cost-effective technology, VFlowTech is paving the way for...

In today’s session, we speak with a trailblazer in the Asian electric vehicle industry to find out all about the new venture he is involved in.  Joining us all the way from Taipei, Jack Cheng is Co-Founder of electric vehicle maker NIO and was formerly the Chairman of Fiat (China) Automobiles, and is now the chairman of a company called M Mobility.  M Mobility is a startup that aim...

Gold prices hold near record highs as trade war fears and inflation risks drive safe-haven demand. And some on Wall Street reckon gold prices may yet be headed higher. Some say prices may even reach above the key 3,000 dollar level next month. So can it? Can $3,000 be the next target? On Wealth Tracker, Hongbin Jeong speaks to Alexandra Symeonidi, corporate credit analyst on William Blair’s...