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.
OCT 21, 2024
21/10/24 - Viewpoint: How will the new BTO classification framework impact the HDB market?For the first time, home buyers can look forward to seven Plus projects and one Prime project in the Build-to-Order (BTO) sales exercise under a new classification framework. In total, HDB will offer 8,500 flats across 15 projects in nine HDB towns in the upcoming BTO sales exercise. This will be the largest number of projects launched in a BTO exercise to date.
The number of new flats launched will also account for more than 40 per cent of the new HDB flat supply for 2024.
What are the key changes to the BTO scheme? How will the overhauled framework impact the resale market?
Christine Sun, Chief Researcher and Strategist at OrangeTee & Tie shares with us more.
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14:48
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OCT 18, 2024
18/10/24 - Industry Insight: How best can creators in SE Asia monetise content and get paid hassle-free?In Southeast Asia's SGD$19 billion creator economy, most content creators face common challenges - monetising their content and receiving timely payments. Due in part to the nature of creator economies which are diverse and distributed, the payment process is challenging. Not surprisingly, the content creation community in this region is still largely unsupported by any payments platform.
Singapore-based content membership platform Gank is filling the gap in this space to help meet the monetisation and payments needs of content creators in Southeast Asia.
The Afternoon Update speaks to the co-founder and Chief Product Officer of Gank, James Sim to find out why content creators should bank on Gank.
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12:42
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OCT 18, 2024
18/10/24 - Market View: Movements shaping commodities and currencies markets this weekHong Kong and Shanghai soared Friday (Oct 18) to lead gains across most Asian markets after Chinese growth beat forecasts and officials flagged fresh measures to boost the world's number two economy.
Markets this week are riding on a wave of optimism following announcements from various other central banks and stimulus measures.
How have these developments impacted the commodities markets? Yeap Junrong, Market Strategist at IG, shares more on gold, silver and oil commodities, and an update on currencies including the SGD / JPY currency pair, which has caught his attention.
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10:39
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OCT 17, 2024
17/10/24 - Market View: Will HK's latest measures be enough to tackle the city's challenges?Hong Kong Chief Executive John Lee pledged on Oct 16 to reform and revive the economy and financial markets including slashing liquor duties, while seeking to improve dire living conditions for the city's poorest. Are the measures in his third annual policy address sufficient to solve Hong Kong's pressing challenges? Hong Kong-based economist Gary Ng, from corporate and investment banking firm Natixis shares his perspective.
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07:20
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OCT 17, 2024
17/10/24 - Fostering collaboration for cyber resilienceSince 2016, GovWare has been a cornerstone event of the annual Singapore International Cyber Week. This year, the resilience of critical information infrastructure was one of the key focus areas at the conference, held between October 15-17.
As organisations in the public and private sectors operate under increasing threats of ransomware attacks, geopolitical threats, and breach attempts of citizens' personally identifiable information, the Asia Pacific region has witnessed a rise in the sophistication of cyber attacks. With cyber threats becoming more complex and varied, are we equipped to defend against these hidden predators in our data networks?
Ian Monteiro, Partner and Executive Director of Image Engine, the organiser of GovWare shares some of the key highlights at GovWare 2024.
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10:12
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OCT 17, 2024
17/10/24 - Industry Insight: Transformative value of GenAI in financial servicesAs experience with AI grows, so does interest in its use. The number of industry-specific AI use cases in the financial sector is steadily increasing, and the range of applications is expanding. Generative artificial intelligence (AI) or GenAi is poised to play a vital role in the financial industry. However, due to regulatory constraints, the financial sector faces tighter limitations on its AI applications compared to other industries.
On Industry Insight, we take a look at just how much Gen AI has developed and the ways it is reshaping the finance industry. Joseph Lo, Head of Enterprise Platforms at global fintech solutions provider, Broadridge shares his insights.
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11:07
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OCT 16, 2024
16/10/24 - Viewpoint: How to increase the odds for IVF success? A fertility specialist shares his expertiseAge is just a number, and when it comes to starting a family, that saying rings truer now more than ever. Technology strides and the wider availability of fertility treatment services have opened up the possibility of parenthood later in life.
Data show that there is an upward trend in the number of women in Singapore aged 45 and above who give birth each year, with demand for assisted reproduction services rising.
Fertility specialistand medical director atSincere Healthcare Group, Dr Lim Min Yu, shares his perspectives about the risks of In-Vitro Fertilisation (IVF) for older couples, what to consider when embarking on an Assisted Reproduction journey and how best to increase the odds for IVF success.
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14:17
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OCT 16, 2024
16/10/24 - Industry Insight: Ransomware trends, and what to do about themRecent surveys show that in Asia, one in three organisations paid the ransom in a cyberattack, but was unsuccessful in recovering their data
Specific to Singapore, almost 50% of organisations were reportedly hit by cyberattacks between 1 and 3 times in 2023 and could not recover even after paying ransom, further perpetuating the lucrative ransomware cycle.
So what should be done in the event of a ransomware attack? How can businesses avoid being held ransom by ransomware?
Chua Chee Pin, Vice President of Southeast Asia and Korea, Veeam, a company specialising in data protection, backup, and disaster recovery solutions for virtual, physical, and cloud-based workloads, tells us more.
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12:37
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OCT 16, 2024
16/10/24 - ECO MONEY: Highlights from half a decade of Eco MoneyOver the past five years, the Eco Money segment has reported on record breaking temperatures, green bonds, blue bonds, brown bonds, and even rhino bonds - and shared the latest news and views when it comes to sustainability investment.
In the last episode of Eco Money, Rachel Kelly reflects on key topics covered and highlights from the segment.
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13:03
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OCT 15, 2024
15/10/24 - Industry Insight: Digitalisation, automation key to the future of MROThe Asia Pacific air transport maintenance, repair and overhaul or MRO services market size is accounted for US$29.40 billion in 2024 and is projected to be worth around US$48.81 billion by 2034. What are the trends shaping the MRO sector? What are the innovations in this aviation space?
French multinational company Thales is a global provider of aircraft maintenance, repair and overhaul solutions. In Singapore, its avionics business started in the early 1980s and has since supported the aerospace industry and regional airlines.
Thomas Mouveaux, General Manager, Thales Aviation Global Services, shares his insights.
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14:09
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