Some dream of owning a private island while others llive that dream. Former banker, Andrew Dixon made his dream to create a green getaway on his own island a reality, owning two islands in Indonesia, just south of Singapore.

What initially as an investment in a private weekend getaway has now developed into a venture that took on a life of its own. The islands Nikoi and Cempedak are booked up a year in advance, winning numerous awards and features on international media.

But, what does it take to build a hotel business from scratch? On The Right Business, Hongbin Jeong speaks with Andrew Dixon, Founder of Nikoi & Cempedak Private Islands.

Some dream of owning a private island while others llive that dream. Former banker, Andrew Dixon made his dream to create a green getaway on his own island a reality, owning two islands in Indonesia, just south of Singapore.
What initially as an investment in a private weekend getaway has now developed into a venture that took on a life of its own. The islands Nikoi and Cempedak are booked up a year in advance, winning numerous awards and features on international media.
But, what does it take to build a hotel business from scratch? On The Right Business, Hongbin Jeong speaks with Andrew Dixon, Founder of Nikoi &amp; Cempedak Private Islands.

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

Right Business: This former banker bought an island in Indonesia to build a hospitality business

Singapore shares fell at the open today, reversing from Tuesday’s gains before investors took a break for Christmas.

The Straits Times Index (STI) fell 0.1 per cent to 3,766.45 points in early trade after 44.7 million securities changed hands in the broader market.

In terms of companies to watch, we have Koh Brothers Eco Engineering, after its wholly owned subsidiary bagged a S$313.9 million contract from the Land Transport Authority to design and construct a bus depot in Lorong Halus.

Elsewhere from how China refrained from cutting its interest rate ahead of a possible escalation of trade tensions with the US next year, to more on movements relating to automaker Toyota – more corporate and international headlines remain in focus. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.

Singapore shares fell at the open today, reversing from Tuesday&rsquo;s gains before investors took a break for Christmas.
The Straits Times Index (STI) fell 0.1 per cent to 3,766.45 points in early trade after 44.7 million securities changed hands in the broader market.
In terms of companies to watch, we have Koh Brothers Eco Engineering, after its wholly owned subsidiary bagged a S$313.9 million contract from the Land Transport Authority to design and construct a bus depot in Lorong Halus.
Elsewhere from how China refrained from cutting its interest rate ahead of a possible escalation of trade tensions with the US next year, to more on movements relating to automaker Toyota &ndash; more corporate and international headlines remain in focus.&nbsp;
On Market View, The Evening Runway&rsquo;s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.

Market View: Toyota gains over 5% after new reports on doubling ROE; Koh Brothers Eco Engineering, ComfortDelGro, SingPost; China refrains from rate cut; What to watch in 2025?

Half-day trading is conducted today given how it is Christmas eve, and Singapore shares started trading in positive territory this morning, mirroring overnight gains in global markets.

The Straits Times Index (STI) opened 0.2 per cent higher at 3,760.29 points after 49 million securities changed hands in the broader market.

In terms of companies to watch today, we have Seatrium, after the offshore and marine specialist was awarded a contract by BP Exploration and Production for a deepwater new-build floating production unit (FPU) in the US Gulf of Mexico. 

Elsewhere, from how TSMC shares touched a record high to how Microsoft is reportedly adding internal and third-party artificial intelligence models to power its flagship AI product Microsoft 365 Copilot to diversify from OpenAI and reduce costs – more international and corporate headlines remain in focus. 

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments of the day.

Half-day trading is conducted today given how it is Christmas eve, and Singapore shares started trading in positive territory this morning, mirroring overnight gains in global markets.
The Straits Times Index (STI) opened 0.2 per cent higher at 3,760.29 points after 49 million securities changed hands in the broader market.
In terms of companies to watch today, we have Seatrium, after the offshore and marine specialist was awarded a contract by BP Exploration and Production for a deepwater new-build floating production unit (FPU) in the US Gulf of Mexico.&nbsp;
Elsewhere, from how TSMC shares touched a record high to how Microsoft is reportedly adding internal and third-party artificial intelligence models to power its flagship AI product Microsoft 365 Copilot to diversify from OpenAI and reduce costs &ndash; more international and corporate headlines remain in focus.&nbsp;
On Market View, Money Matters&rsquo; finance presenter Chua Tian Tian unpacked the developments of the day.

Market View: TSMC shares touch record high; Microsoft reportedly works to add non-OpenAI models into 365 Copilot products; ASML sells ‘Lego’ model of most advanced chip machine to workers; Seatrium awarded contract by BP Exploration and Production, Sembcorp Industries joins Dow Jones Sustainability Index

Singapore stocks rose in early trade today, tracking gains in the broader Asia-Pacific region.

In early trade, the Straits Times Index (STI) gained 0.2 per cent to 3,726.78 points after 69.3 million securities were transacted across the broader market.

In terms of companies to watch, we have Singapore Post after the firm said three of its senior management staff were terminated after they were found to be negligent in the handling of internal investigations over a whistleblower’s report. 

Elsewhere, from more on a cooler-than-expected US personal consumption expenditures index report out on Friday, to how US President-elect Donald Trump indicated that he favoured allowing TikTok to keep operating in the US for at least a little while – more international and corporate headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.

Singapore stocks rose in early trade today, tracking gains in the broader Asia-Pacific region.
In early trade, the Straits Times Index (STI) gained 0.2 per cent to 3,726.78 points after 69.3 million securities were transacted across the broader market.
In terms of companies to watch, we have Singapore Post after the firm said three of its senior management staff were terminated after they were found to be negligent in the handling of internal investigations over a whistleblower&rsquo;s report.&nbsp;
Elsewhere, from more on a cooler-than-expected US personal consumption expenditures index report out on Friday, to how US President-elect Donald Trump indicated that he favoured allowing TikTok to keep operating in the US for at least a little while &ndash; more international and corporate headlines remain in focus.
On Market View, Money Matters&rsquo; finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.

Market View: Cooler-than-expected US PCE numbers; Trump favouring letting TikTok operate in the US for at least a little while; SingPost terminates three senior management staff on handling of whistleblower report and more

Right Business: This former banker bought an island in Indonesia to build a hospitality business

Money Matters with Hongbin Jeong and Chua Tian Tian

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