The Afternoon Update with Lynlee Foo – Détails, épisodes et analyse

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.

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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. 

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Japan goes to the polls on October 27. In the US, Americans will vote on their next president in a couple of weeks. 

How will elections impact both the USD and the Japanese Yen? What is the effect on the Sing dollar against these major currencies?

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

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The proliferation of video games and the development of the video game industry have seen competitive gaming as a form of spectator sport. eSports is experiencing rapid growth, despite still being in its relatively formative stages. At the current growth rate, by 2024, there are expected to be over 285 million frequent viewers of eSports worldwide, as well as some 291.6 million occasional viewers. In terms of revenue, the industry is expected to generate more than US$1.6 billion by 2024.  With so much attention and market share at stake, there are bound to be commercial and legal conflicts, especially when intellectual property (IP) is very much at the core of the video game and esports industry.

So, what do industry players need to know to ensure compliance and smooth operations and protect their brand identities, to navigate IP in esports?

Benjamin Cheong, Deputy Head of Technology, Media and Telecommunications of national law firm Rajah & Tann, tells us more. 

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On Health Suites, Pain in the prostate gland has increasingly become one of the top health concerns in recent years as many men have suffered or are suffering from it. Some examples include prostate cancer, which is fatal and the third most common cancer among men in Singapore. Melissa Hyak speaks to Dr Bernard Lee, CEO and Executive Director of Singapore Paincare Holdings Limited to find out how one can obtain an accurate diagnosis and treatment as soon as possible.

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On Market View, Melissa Hyak is joined by Song Seng Wun, Economist, CIMB Private Banking to talk about Singapore's CPI results for May; Fed chair Jerome Powell's most explicit acknowledgment to date that steep interest-rate hikes could tip the US economy into recession; and whether that will lead to other Asian economies falling into a recession. 

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On Health Suites, back in March, Indonesia's 16th richest person, Ang Tjoen Ming, personally delivered a S$100,000 cheque to a 5-year-old Malaysian boy who was suffering from leukaemia in Singapore. And it was a story that touched the hearts of many. This story of a little boy’s fight against cancer had shed light into the long and arduous journey that is casted upon patients and their families. Melissa Hyak speaks to Dr Francesca Lorraine Lim, Senior Consultant Haematologist at Singapore General Hospital to find out more about an alternative medical option for those fighting aggressive cancer called CAR-T therapy- a medical breakthrough and a first in Southeast Asia.

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On Market View, Melissa Hyak is joined by Vishnu Varathan, Head of Economics & Strategy, Asia at Mizuho Bank to talk about the growing concern that a US recession is imminent as Goldman Sachs economists double their expectations on the potential for a US recession over the next year to 30%; with focus on how this will affect Singapore and markets in the region; whether Philippines and Indonesia will raise their rates following the Fed interest rate hike; and more about why Asian currencies are falling further. 

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On Health Suites, in the past, the use of titanium implants had long been the norm. However, in the long term, these are prone to rejection by the body and can cause infection. Melissa Hyak speaks to Assistant Professor Vincent Nga, Consultant at the Division of Neurosurgery, Department of Surgery at NUH to find out more about 3D printed bone implants that are biodegradable and serve as a scaffold for new bone to grow.

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On Health Suites, over the last 3 years, bruxism has been on the rise in Singapore amidst the pandemic, with dentists seeing an influx of patients who grind their teeth. Melissa Hyak speaks to Dr. Matt Thompson, Co-Founder and Clinical Director at expatdental to find out more about bruxism and how it can be treated.

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