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Approximately US$2.5 trillion is expected to be transferred to the next generation by around 70,000 high-net-worth individuals in Asia-Pacific (APAC) over the next decade. And Millennials and Gen Z are projected to dominate 70 percent of the global luxury market spenders by 2025. 

So how will this set to impact the region’s luxury retail landscape and consumer spending behaviour?

Jess Tang, Senior Consultant of APAC, WGSN tells us more. 

Approximately US$2.5 trillion is expected to be transferred to the next generation by around 70,000 high-net-worth individuals in Asia-Pacific (APAC) over the next decade. And Millennials and Gen Z are projected to dominate 70 percent of the global luxury market spenders by 2025. 
So how will this set to impact the region’s luxury retail landscape and consumer spending behaviour?
Jess Tang, Senior Consultant of APAC, WGSN tells us more.

From politics to pop culture, we've got it all. Get ready to immerse yourself in the world of business, lifestyle, culture, travel, and sports.

From politics to pop culture, we've got it all. Get ready to immerse yourself in the world of business, lifestyle, culture, travel, and sports.

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

The Evening Runway with Hongbin Jeong, Roshan Gidwani & Chua Tian Tian (4pm - 7pm)

Why It Matters: 'Rebuilding Loyalty', how Gen Z and millennials are set to spark luxury revolution in Asia

Pasco is offering refunds because some rat remains were found in their bread packs. The factory in Tokyo has since stopped the assembly line and published a form on its website for affected customers to apply for refunds online.

Pasco is offering refunds because some rat remains were found in their bread packs. The factory in Tokyo has since stopped the assembly line and published a form on its website for affected customers to apply for refunds online.

Spill the Tea: Rat remains found in Pasco bread.

Singapore shares climbed this morning, mirroring overnight gains in the US and in Europe.

In early trade, the Straits Times Index (STI) inched up 0.4 per cent to 3,279.54 points after 31.1 million securities changed hands in the broader market. 
In terms of companies to watch today, we have OCBC, after the lender reported today that its net profit for the first quarter ended Mar 31, 2024, rose 5 per cent on the year to S$1.98 billion. 

Meanwhile, from OCBC's offer to take its insurance arm Great Eastern private, to Singapore Post’s net profit for the second half ending March rising 93.4 per cent on the year, more corporate headlines remain in focus. 

Also on deck, what Europe’s rush for rate cuts means to the US. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.

Singapore shares climbed this morning, mirroring overnight gains in the US and in Europe.
In early trade, the Straits Times Index (STI) inched up 0.4 per cent to 3,279.54 points after 31.1 million securities changed hands in the broader market.  In terms of companies to watch today, we have OCBC, after the lender reported today that its net profit for the first quarter ended Mar 31, 2024, rose 5 per cent on the year to S$1.98 billion. 
Meanwhile, from OCBC's offer to take its insurance arm Great Eastern private, to Singapore Post’s net profit for the second half ending March rising 93.4 per cent on the year, more corporate headlines remain in focus. 
Also on deck, what Europe’s rush for rate cuts means to the US. 
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets &amp; Investor Education), SIAS.

Market View: OCBC’s earnings, offer to take insurance arm Great Eastern private, plus – what does Europe’s rush for rate cuts mean for the US?

Steph Adams is a #1 international best-selling author, with fourteen books under her belt, and a beacon of inspiration for women worldwide.

But that’s not all; she's also a model, art director, and businesswoman, with over 4 million followers on Instagram. 

A visionary in the making, Steph embodies the power of perseverance and an advocate for women’s empowerment.

What did it take to achieve this level of success? 

We sit down with Steph as she shares about her career, achievements, values, and the impact she has had on the worlds of fashion and literature.



Presented by: Hongbin Jeong and Roshan Gidwani

Feature produced and edited by: Nadiah Koh and Aaron Lam

Do you have a story to tell on The Evening Runway show? Contact nadkoh@sph.com.s

<a href="https://www.stephadams.com/about/">Steph Adams</a> is a #1 international best-selling author, with fourteen books under her belt, and a beacon of inspiration for women worldwide.
But that’s not all; she's also a model, art director, and businesswoman, with over 4 million followers on Instagram. 
A visionary in the making, Steph embodies the power of perseverance and an advocate for women’s empowerment.
What did it take to achieve this level of success? 
We sit down with Steph as she shares about her career, achievements, values, and the impact she has had on the worlds of fashion and literature.
 
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on<a href="https://www.moneyfm893.sg/shows/the-evening-runway-with-hongbin-jeong-roshan-gidwani-chua-tian-tian/"> The Evening Runway</a> show? Contact <a href="mailto:nadkoh@sph.com.sg">nadkoh@sph.com.s</a>

Why It Matters: 'Rebuilding Loyalty', how Gen Z and millennials are set to spark luxury revolution in Asia

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