The Evening Runway with Hongbin Jeong, Roshan Gidwani and Chua Tian Tian MONEY FM 89.3

Singapore equities began trading in negative territory today, mirroring overnight losses in Europe.

In the morning, the Straits Times Index (STI) opened 0.2 per cent lower at 3,319.11 points with 18.1 million securities having changed hands.

In terms of companies to watch today, we have Soilbuild Construction. Shares hit a 5-year high early on after the group announced that it had bagged a S$647.5 million Tuas Port construction contract the day before.

Elsewhere, from more on how Singtel’s Optus Mobile intends to defend proceedings filed by the Australian Communications and Media Authority regarding a 2022 cyberattack, to the Bank of Japan dialling down on its bond buying programme, more corporate and international headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.
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Talk about a movement swifties… 

Thousands of Taylor Swift fans made the earth move by cheering and dancing at her three Edinburgh concerts last weekend! Fans took the singer’s encouragement to Shake It Off literally, with monitoring stations detecting seismic activity from 6km (3.73 miles) away. 
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It’s a Father’s Day special on Sports Minutes..ahead of the day dedicated to celebrating dads on 16 June. Delwinder Singh is a household name for fans of local football, but did you know that his dad - Ranjit Singh, was once a drug-addict who was incarcerated in the early 90s? How did that affect Delwinder’s upbringing, and how did Ranjit turn over a new leaf to become a responsible dad? The father-son duo speak to Zia-ul Raushan on Sports Minutes in a candid, frank and honest conversation ahead of Father’s Day.

Got a story to tell? Get in touch with us!raushan@sph.com.sg
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Instagrammable cafes have been on the rise in Korea, becoming an integral part of the country's vibrant café culture. Every corner is a snapshot waiting to happen! It’s not just about coffee anymore. It’s whether the cafes are insta-worthy. On K-WAVE, Hongbin Jeong explores some of Korea's Instagrammable cafes that are sure to delight your senses and fill your feed with envy-inducing snapshots.
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It’s all about insurance coverage today as we speak to a company that provides coverage for Singaporeans including the nation’s protectors – the MINDEF. 

Formed by the merger of Aviva Singapore and Singlife in a deal valued at S$3.2 billion in 2020, the current Singlife is one of the largest homegrown financial services companies in the lion city. 

The company offers a variety of insurance products ranging from life insurance, medical insurance, car insurance, travel insurance, home insurance, to investment linked-plans.

It is also seeing a number of key developments of late. For one thing, the company has become a fully owned subsidiary of Japan’s Sumitomo Life in a transaction valuing Singlife at S$4.6 billion. 

The insurer said the ownership change will not affect its day-to-day operations, but will enable Singlife to pursue its long-term growth ambitions, with the capital to drive regional expansion and to grow as an integrated financial services company.

But what can we expect when it comes to Singlife’s strategic direction for the future? 

Speaking of strategic direction, Singlife had in May this year launched what it calls the Singlife Dementia Cover. Touted as the market’s first insurance plan offering yearly payouts for persons with dementia, the policy also covers other mental health conditions such as bipolar and schizophrenia disorder. 

But what were the complexities in valuing the insurance premiums and payouts for conditions relating to dementia, versus other health conditions such as cancer? And how does such a product pipeline position Singlife as a first mover in the silver economy? 

On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Pearlyn Phau, Group CEO, Singlife.
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John Langan, a marketing and entertainment expert with 22 years of experience, has a reputation for predicting trends and building products that attract and retain visitors. And now, he founded Blue Root Innovation Lab in Kuala Lumpur, Malaysia, and serves clients in property development, fitness, wellness, and technology sectors. On R.I.C.H., Roshan Gidwani speaks to John Langan, Executive Consultant, Blue Root Innovation Lab, to find out more.
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