In 2024, Singapore made significant strides in EV adoption, outpacing many of its regional counterparts.

According to a report by Bloomberg, Singapore leads Southeast Asia in EV market penetration, with electric vehicles making up nearly 20% of all new car registrations.

This shift comes amid government initiatives to encourage sustainable mobility, but a question lingers: is progress as smooth as it appears?

This is where Watt steps in with innovative solutions. Watt has developed a unique model to bridge these gaps, making EV charging accessible without the financial burden on property management. 

On The Right Business, Hongbin Jeong speaks with Ivan Quek, Chief Commercial Officer and Co-founder, Novowatt to find out more. 

 

In 2024, Singapore made significant strides in EV adoption, outpacing many of its regional counterparts.
According to a report by Bloomberg, Singapore leads Southeast Asia in EV market penetration, with electric vehicles making up nearly 20% of all new car registrations.
This shift comes amid government initiatives to encourage sustainable mobility, but a question lingers: is progress as smooth as it appears?
This is where Watt steps in with innovative solutions. Watt has developed a unique model to bridge these gaps, making EV charging accessible without the financial burden on property management.&nbsp;
On The Right Business, Hongbin Jeong speaks with Ivan Quek, Chief Commercial Officer and Co-founder, Novowatt&nbsp;to find out more.&nbsp;
&nbsp;

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.

In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore&rsquo;s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.
In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station.

MONEY FM 89.3

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Right Business:The company sparking the future of EV charging in Singapore

Luxury watches are rapidly evolving from passion collectibles into a recognised alternative asset class, with the pre-owned market valued at $24.38 billion in 2023 and projected to reach $45.01 billion by 2030.

Demand is strongest across the US, Europe, the Middle East, and Asia, driven by rising liquidity, digital marketplaces, and a growing generation of investors who view watches as long-term wealth-building assets rather than just lifestyle statements.

Even during economic downturns, luxury watches have shown remarkable resilience. During the pandemic, their value declined only about 8%, compared to a 19% drop in the S&P 500.

On Wealth Tracker, Hongbin Jeong speaks to Oliver Müller, Founder of LuxeConsult, about what is driving the global surge in pre-owned luxury watches, which models and brands are considered “blue-chip” investments, and authenticity considerations are reshaping investor strategies in this dynamic market.

 

Luxury watches are rapidly evolving from passion collectibles into a recognised alternative asset class, with the pre-owned market valued at $24.38 billion in 2023 and projected to reach $45.01 billion by 2030.
Demand is strongest across the US, Europe, the Middle East, and Asia, driven by rising liquidity, digital marketplaces, and a growing generation of investors who view watches as long-term wealth-building assets rather than just lifestyle statements.
Even during economic downturns, luxury watches have shown remarkable resilience. During the pandemic, their value declined only about 8%, compared to a 19% drop in the S&amp;P 500.
On Wealth Tracker, Hongbin Jeong speaks to Oliver M&uuml;ller, Founder of LuxeConsult, about what is driving the global surge in pre-owned luxury watches, which models and brands are considered &ldquo;blue-chip&rdquo; investments, and authenticity considerations are reshaping investor strategies in this dynamic market.
&nbsp;

Wealth Tracker: What makes certain watches a "blue-chip" investment?

On this What’s Trending, Hongbin Jeong and Alexandra Parada explore China’s Lunar New Year gala, where humanoid robots stunned audiences with flips, spins, and martial arts, showing off cutting-edge robotics and sparking big questions about the future role of AI in our lives. Then, keeping in the spirit of Lunar New Year, they share the story of a 10-year-old girl in Hebei who used her ang bao money to buy gold, turning her festive cash gift into a small fortune as prices soared. 

On this What&rsquo;s Trending, Hongbin Jeong and Alexandra Parada explore China&rsquo;s Lunar New Year gala, where humanoid robots stunned audiences with flips, spins, and martial arts, showing off cutting-edge robotics and sparking big questions about the future role of AI in our lives. Then, keeping in the spirit of Lunar New Year, they share the story of a 10-year-old girl in Hebei who used her ang bao money to buy gold, turning her festive cash gift into a small fortune as prices soared.&nbsp;

What’s Trending: Will you use your ang bao money to buy gold and are humanoids about to do more CNY performances?

Singapore shares saw gains today as most Asian markets traded higher.

The Straits Times Index was up 1.09% at 12.54pm Singapore time, with a value turnover of S$953.72M seen in the broader market.

In terms of counters to watch, we have Yangzijiang Maritime, after the maritime financial solutions provider announced yesterday that it will hold an extraordinary general meeting on Mar 6 to seek shareholders’ approval on the proposed adoption of a share buyback mandate. 

Elsewhere, from how minutes from the Federal Reserve’s latest meeting showed policymakers in no rush to cut rates, to a rise in tech heavyweights after news on Tuesday that Nvidia signed a multiyear deal to sell Meta Platforms millions of its current and future artificial intelligence chips, more international and corporate headlines remained in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.

Singapore shares saw gains today as most Asian markets traded higher.
The Straits Times Index was up 1.09% at 12.54pm Singapore time, with a value turnover of S$953.72M seen in the broader market.
In terms of counters to watch, we have Yangzijiang Maritime, after the maritime financial solutions provider announced yesterday that it will hold an extraordinary general meeting on Mar 6 to seek shareholders&rsquo; approval on the proposed adoption of a share buyback mandate.&nbsp;
Elsewhere, from how minutes from the Federal Reserve&rsquo;s latest meeting showed policymakers in no rush to cut rates, to a rise in tech heavyweights after news on Tuesday that Nvidia signed a multiyear deal to sell Meta Platforms millions of its current and future artificial intelligence chips, more international and corporate headlines remained in focus.
On Market View, Money Matters&rsquo; finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.

Market View: Fed minutes show officials in no hurry to cut rates; Asian stocks up, supported by tech giants after Nvidia signs multiyear deal to sell Meta millions of current, future AI chips; Samsung shares rise to record after report on higher chip price; OpenAI funding reportedly on track to top US$100 billion in latest round; YZJ Maritime, CSE Global, SIA to watch

Right Business:The company sparking the future of EV charging in Singapore

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