The Afternoon Update with Lynlee Foo
About
Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.
DEC 20, 2024
20/12/24 - Industry Insight: Riding the wave of Asia's super richAsia Pacific offers one of the best coastlines in the world, housing thousands of islands in the pacific ocean which boasts many popular tourists spots. In this region, the growing appetite for luxury assets such as superyachts is in tandem with the surge in the number of high net worth individuals. How are industry players riding this wave of Asian wealth?
Industry Insight dives into the world of marine opulence and luxury with Peter Mahony, General Manager (Asia) at Benetti Yachts. Peter shares his insights on the burgeoning superyacht industry in Asia and how the Italian yacht builder is shaping the future of luxury yachting.
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16:16
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DEC 19, 2024
19/12/24 - Industry Insight: Property trends to watch in 2025Singapore’s property market has witnessed a remarkable surge, with November sales reaching their highest level in over a decade. According to fresh data from the Urban Redevelopment Authority, developers sold 2,557 new private units last month—exceeding the previous six months combined and marking the strongest performance since March 2013. Industry observers attribute the figures to pent-up demand, lower interest rates, and prominent private residential launches.
Looking ahead, what are the trends that will shape private real estate in the new year? Christine Sun, Chief Researcher and Strategist at OrangeTee Group, provides expert insights into Singapore’s private residential property market.
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12:46
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DEC 18, 2024
18/12/24 - Industry Insight: Unlocking the potential of data for AIThe digital information landscape is evolving at an unprecedented pace, and with it, the demand for efficient and accessible data storage solutions is growing. Cloud services have emerged as a cornerstone of this transformation, redefining how we store, manage, access and optimise vast amounts of data. According to Statista, corporate data stored in the cloud surpassed 60% in 2022, a significant leap from just 30% in 2015, and the trend shows no sign of slowing.
Sanjay Deshmukh, of Snowflake, a global leader in cloud-based data solutions shares valuable insights on the challenges and opportunities in data management. The company's senior regional leader forASEAN and India discusses why organisations must have a solid data foundation to unlock the full potential of data in the age of AI.
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16:53
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DEC 17, 2024
17/12/24 - Market View: Will US dollar strength continue?The US dollar has remained resilient, rallying 7% since October 2024, buoyed by expectations surrounding Trump's economic policies and their influence on the Fed's monetary stance. The greenback is demonstrating renewed strength against most foreign currencies, with the USD index nearing 2023 highs.
Yeap Junrong, Market Strategist at forex provider IG joins us to share his insights into historical seasonal patterns, the impact of a potential Fed rate cut, and the outlook for key currency pairs, including USD/JPY and USD/SGD.
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12:50
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DEC 16, 2024
16/12/24 - Industry Insight: 'Trust no one'. A Google mobile security expert's take on phone scamsMobile phone fraud continues to pose a significant threat, with cybercriminals employing increasingly sophisticated tactics like phishing, malware, and fraudulent apps. Just last week, the Singapore Police Force issued a warning about a new phishing scam targeting victims through fake PayNow websites. These scammers send text messages claiming that a "certificate" is about to expire, directing users to a fraudulent website where they are tricked into sharing sensitive personal and financial information.
Eugene Liderman, Director of Android Security Strategy at Google, shares with us insights on the broader trends in cybercrime, including how fraudsters are leveraging advanced technologies like AI to design increasingly convincing scams, and expert tips to keep your cyber health in check.
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26:12
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DEC 13, 2024
13/12/24 - Industry Insight: Top AI skills you will need in 2025. This Coursera exec reveals more.The online learning market has experienced unprecedented growth, with projections suggesting it will reach USD490.20 billion by 2029. In Singapore, this transformation is particularly pronounced. Coursera reports a 240% surge in Generative AI (GenAI) enrolments in 2024, totalling nearly 50,000, with one signup in GenAI content every 14 minutes. Singapore leads Southeast Asia' GenAI boom, and ranks among the top 15 globally for GenAI course enrolments.
Raghav Gupta, Managing Director, Asia Pacific at Coursera, shares about the growth drivers in the online learning market in the region, and the top growing AI skills to learn for the future of work.
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16:45
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DEC 12, 2024
12/12/24 - Industry Insight: How will UK's new housing policies impact overseas investors?Mortgage experts predict a slowdown in UK property price growth in 2025 due to rising mortgage rates and higher stamp duty. How will the new Labour government's policies reshape the landscape for buyers and investors alike? What will the changes mean for overseas investors?
London-based Marc von Grundherr, Director at international real estate agency Benham & Reeves, shares his insights into the effect of the new housing policies on the property landscape in the UK.
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17:41
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DEC 11, 2024
11/12/24 - Industry Insight: Only 13% of Singapore companies are AI-ready. What are the adoption barriers?According to Cisco's 2024 AI Readiness Index, only 13% of companies in Singapore are fully prepared to harness AI's transformative potential, a figure unchanged from last year. The report by the global leader in networking and security, highlights the ongoing challenges businesses face in adopting AI technologies effectively.
From an IT infrastructure perspective, what are the key focus areas that can break down barriers to AI adoption?
Raymond Janse van Rensburg,VP, Specialists and Solutions Engineering, APJC, Cisco shares about the challenges in AI deployment and the importance of a balanced approach in defining a robust AI strategy to fully leverage the potential of AI.
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15:01
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DEC 5, 2024
05/12/24 - Industry Insight: Embedded finance and the future of fintechFintech is transforming the financial services industry at an unprecedented pace, reshaping how we pay, borrow, and manage money. Embedded finance—integrating financial services into everyday platforms like Superapps—is revolutionising the customer experience, making financial transactions seamless. What are the opportunities businesses can unlock from this trend, and what's in store for 2025?
Lucy Liu, President and Co-founder of payments and financial platform Airwallex, shares about the Singapore-based firm's global growth and initiatives includingYield, an asset management service, and why embedded finance is an important part of the future of fintech.
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14:52
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DEC 4, 2024
04/12/24 - Industry Insight: Empowering human-AI collaboration in customer serviceThe rise of AI is revolutionising customer service, particularly in call centers, where it is streamlining operations and enhancing personalisation. From reducing wait times to offering real-time insights, AI is reshaping how businesses engage and retain customers. But how do businesses balance automation with the human touch to remain competitive and keep their customers engaged?
Li Guanghai, CEO of Helport, the first Singapore-based AI company to be listed on NASDAQ, gives insights into the evolving role of AI, the benefits and challenges of AI-driven call centers and the future of AI in customer service. Li also shares of a new initiative by Helport - a platform that allows third-party developers to build applications on top of its technologies.
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13:27
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