In his National Day Rally speech - Prime Minister Lee Hsien Loong highlighted that Cost of living is at the top of everyone's minds. Rachel Kelly speaks to Kurt Wee, President Association of Small and Medium Enterprises to get the business community's reaction to this year's speech.

In his National Day Rally speech - Prime Minister Lee Hsien Loong highlighted that Cost of living is at the top of everyone's minds. Rachel Kelly speaks to Kurt Wee, President Association of Small and Medium Enterprises to get the business community's reaction to this year's speech.

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.

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.

The Afternoon Update with Lynlee Foo

The Afternoon Update with Lynlee Foo (1pm – 4pm)

Businesses respond to National Day Rally - Manpower issues a top concern

There is an emerging trend of innovative products being made to help boost food production without agriculture. For example, fat that is free from animal ingredients and artificial ingredients.

Using precision fermentation, Australian food tech company Nourish Ingredients, a pioneer in the emerging 'animal-free' speciality fat segment has produced the world's first animal-free fat that is derived from nature. It claims this will help to accelerate the future food system by solving the biggest issues in the plant protein market around taste, nutrition, and consumer adoption. With its recent Singapore expansion, Nourish Ingredients hopes to scale up the production of its breakthrough fat. 

Market intelligence research shows that the global precision fermentation ingredients market is projected to reach USD$38 billion by 2031, at a CAGR of 43.5% during the forecast period of 2024–2031.

Ernest Vecilla, Head of Culinary Innovation, Nourish Ingredients shares more insights from the food tech industry.

There is an emerging trend of innovative products being made to help boost food production without agriculture. For example, fat that is free from animal ingredients and artificial ingredients.
Using precision fermentation, Australian food tech company Nourish Ingredients, a pioneer in the emerging 'animal-free' speciality fat segment has produced the world's first animal-free fat that is derived from nature. It claims this will help to accelerate the future food system by solving the biggest issues in the plant protein market around taste, nutrition, and consumer adoption. With its recent Singapore expansion, Nourish Ingredients hopes to scale up the production of its breakthrough fat. 
Market intelligence research shows that the global precision fermentation ingredients market is projected to reach USD$38 billion by 2031, at a CAGR of 43.5% during the forecast period of 2024–2031.
Ernest Vecilla, Head of Culinary Innovation, Nourish Ingredients shares more insights from the food tech industry.

Industry Insight: Creating animal-free fat derived from nature 

With the US election and Fed meeting on the horizon, there is a noticeable shift in investor sentiment across Asian markets. Key movements in currencies hint at regional resilience amid global uncertainties as the dollar weakened ahead of the outcome of the U.S. presidential election this week.

However, the Malaysian ringgit has seen its move to the upside halted, closing in October lower by 5.8 per cent against the US dollar, which is its biggest monthly drop in about eight years.

What can investors expect in the days ahead? 

Yeap Junrong, Market Strategist at trading platform IG, shares his insights. 

With the US election and Fed meeting on the horizon, there is a noticeable shift in investor sentiment across Asian markets. Key movements in currencies hint at regional resilience amid global uncertainties as the dollar weakened ahead of the outcome of the U.S. presidential election this week.
However, the Malaysian ringgit has seen its move to the upside halted, closing in October lower by 5.8 per cent against the US dollar, which is its biggest monthly drop in about eight years.
What can investors expect in the days ahead? 
Yeap Junrong, Market Strategist at trading platform IG, shares his insights.

Market View: Dollar slides in Asia ahead of US election showdown

For Singapore-based investors, letting properties in the UK is one of the best ways to make a steady income. But a long-distance landlord job can be challenging. Research by independent letting and sales agent Benham and Reeves has highlighted the increasing number of fraudulent lettings applications by rogue tenants in the UK.

The research found that the number of false applications being detected by their team had already increased by 117% so far this year when compared to 2018 and the number of false passports being used had also increased notably.

Marc von Grundherr, Director at Benham and Reeves, discusses how to prevent and handle rogue tenants who can potentially ruin your investment.

For Singapore-based investors, letting properties in the UK is one of the best ways to make a steady income. But a long-distance landlord job can be challenging. Research by independent letting and sales agent Benham and Reeves has highlighted the increasing number of fraudulent lettings applications by rogue tenants in the UK.
The research found that the number of false applications being detected by their team had already increased by 117% so far this year when compared to 2018 and the number of false passports being used had also increased notably.
Marc von Grundherr, Director at Benham and Reeves, discusses how to prevent and handle rogue tenants who can potentially ruin your investment.

Businesses respond to National Day Rally - Manpower issues a top concern

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