Big changes are coming to Singapore’s car market.

Car manufacturers are saying goodbye to the traditional dealership model. Instead, they’re opting to drop the middleman, and sell cars directly to customers.

Last year, Porsche Singapore took the plunge.

And now, German luxury carmaker Audi is following suit.

Starting in January 2025, Audi Singapore will be selling its full slate of cars to consumers directly. The brand is opening a new experience centre, which they’re calling the Audi House of Progress, right at the heart of the city.

Where does this leave the dealers? Can buyers expect cheaper cars in the future?

On this episode of TransportBT, correspondent Derryn Wong sits down with Markus Schuster, managing director of Audi Singapore, to take you behind this ambitious move.

Highlights:

02:23 Audi’s big plans

04:02 A brand-new experience centre, Audi’s House of Progress

08:19 Impact on dealer and after sales

12:13 Challenges in the new business model

16:08 Turning sales volume around

18:59 Cheaper prices?

---

Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.

---

Written and hosted by: Derryn Wong (derrynwong@sph.com.sg)

With Markus Schuster, managing director, Audi Singapore

Edited by: Emily Liu & Claressa Monteiro

Produced by: Derryn Wong & Emily Liu

Engineered by: Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

---

Follow BT Correspondents:

Channel: bt.sg/btcobt

Amazon: bt.sg/btcoam

Apple Podcasts: bt.sg/btcoap

Spotify: bt.sg/btcosp

YouTube Music: bt.sg/btcoyt

Website: bt.sg/btcorresp

Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

---

Discover more BT podcast series:

BT Mark To Market at: bt.sg/btmark2mkt

BT Money Hacks: bt.sg/btmoneyhacks

WealthBT: bt.sg/btwealthbt

PropertyBT: bt.sg/btpropertybt

BT Podcasts: bt.sg/pcOM

BT Market Focus: bt.sg/btmktfocus

BT Branded Podcasts: bt.sg/brpod

BT Lens On: bt.sg/btlenson

See omnystudio.com/listener for privacy information.

The surge in US tech stocks, especially Nvidia's 143 per cent increase, has investors questioning if it's too late to invest. Genevieve Cua discusses strategies for tech stock investment and market trends with Dr Wei Dai from Dimensional Fund Advisors.

Synopsis: Learn to protect and grow your wealth in this monthly Business Times podcast series for affluent individuals, hosted by BT wealth editor Genevieve Cua.

Highlights of the podcast:

02:28 Outsized investment returns are not unusual in history

05:57 Markets are very concentrated in tech, but there are ways to balance this

10:22 Making sense of the Fed’s rate cut

14:39 How and why science matters in investing

---

Now, we want to hear from you! Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg. We’ll look into it for future episodes.

---

Written and hosted by: Genevieve Cua (gen@sph.com.sg)

With Dr Wei Dai, head of research and vice-president, Dimensional Fund Advisors

Edited by: Howie Lim & Claressa Monteiro

Produced by: Genevieve Cua & Howie Lim

Engineered by: Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

---

Follow BT Correspondents:

Channel: bt.sg/btcobt

Amazon: bt.sg/btcoam

Apple Podcasts: bt.sg/btcoap

Spotify: bt.sg/btcosp

YouTube Music: bt.sg/btcoyt

Website: bt.sg/btcorresp

Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

---

Discover more BT podcast series:

BT Mark To Market at: bt.sg/btmark2mkt

BT Money Hacks: bt.sg/btmoneyhacks

WealthBT: bt.sg/btwealthbt

PropertyBT: bt.sg/btpropertybt

BT Podcasts: bt.sg/pcOM

BT Market Focus: bt.sg/btmktfocus

BT Branded Podcasts: bt.sg/brpod

BT Lens On: bt.sg/btlenson

See omnystudio.com/listener for privacy information.

A national effort to revive the Singapore market is now underway. But is the review group formed by MAS focusing on the right issues? Senior correspondent Ben Paul analyses the unfolding story.

Synopsis: Listen to senior correspondent Ben Paul's analysis and insight on market trends and corporate issues in Singapore in this podcast series based on his weekly column in The Business Times.

Highlights of the podcast:

03:28 Review group focused on three areas

06:48 Why everyone blames everyone else

08:30 Foster local fund management industry

10:46 Push listed companies to unlock value

---

Send your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.

---

Written and hosted by: Ben Paul (benpaul@sph.com.sg)

Edited by: Howie Lim & Claressa Monteiro

Produced by: Ben Paul & Howie Lim

Engineered by: Joann Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

---

Follow BT Correspondents:

Channel: bt.sg/btcobt

Amazon: bt.sg/btcoam

Apple Podcasts: bt.sg/btcoap

Spotify: bt.sg/btcosp

YouTube Music: bt.sg/btcoyt

Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

---

Discover more BT podcast series:

BT Mark To Market at: bt.sg/btmark2mkt

BT Money Hacks: bt.sg/btmoneyhacks

WealthBT: bt.sg/btwealthbt

PropertyBT: bt.sg/btpropertybt

BT Podcasts: bt.sg/pcOM

BT Market Focus: bt.sg/btmktfocus

BT Branded Podcasts: bt.sg/brpod

BT Lens On: bt.sg/btlenson

See omnystudio.com/listener for privacy information.

There’s a new framework in town for HDB projects. Starting in October, new BTO flats will either be Standard, Plus or Prime.

New Plus and Prime flats will be in attractive locations and have higher subsidies, but they also come with tighter resale conditions, including a ten-year minimum occupation period, and a ban on rentals.

What does this mean for BTO buyers? Are the new Plus and Prime flats worth the additional restrictions? Will it be tough to upgrade from a BTO Plus or Prime home to a condo unit?

Senior correspondent Leslie Yee gets insights from PropertyGuru’s Dr Lee Nai Jia.

Synopsis: Hosted by senior correspondent Leslie Yee, PropertyBT from The Business Times shares insights on all things Singapore property to help you on your property investment journey. Episodes feature views and insights from property analysts.

Highlights of the podcast:

01:33 Clawback of resale proceeds

03:04 Ten-year minimum occupation period

09:28 Condo upgrading

12:45 Million dollar resale flats

14:30 Older flats in choice locations with lighter restrictions

Read Leslie’s article:

HDB should push on with tough task of addressing affordability while serving groups with widely varying buying power

Written and hosted by: Leslie Yee (lyee@sph.com.sg)

With Dr Lee Nai Jia, head of real estate intelligence, data and software solutions, PropertyGuru Group.

Edited by: Emily Liu & Claressa Monteiro

Produced by: Leslie Yee & Emily Liu

Engineered by: Joann Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

See omnystudio.com/listener for privacy information.

Selling a company is a major, often difficult, decision. It brings up questions of identity, ambition and legacy.

Cheng Hsin Chih, market head of Southeast Asia at Pictet Wealth Management, has worked with many clients through this journey.

In this episode, BT wealth editor Genevieve Cua sits down with Cheng to break down the complexities of selling a company.

Synopsis: Learn to protect and grow your wealth in this monthly Business Times podcast series for affluent individuals, hosted by BT wealth editor Genevieve Cua.

This episode is brought to you by Pictet Wealth Management.

Highlights of the podcast:

01:33 Why is it so hard to decide to sell?

04:17 How Cheng helped a client decide to let go

08:43 What are the exit options for your company?

11:22 Getting everyone’s buy-in to sell

13:13 So after selling your company, what’s next?

More about:

Pictet Wealth Management

Wealth solutions

---

Written and hosted by: Genevieve Cua (gen@sph.com.sg)

With Cheng Hsin Chih, market head for Southeast Asia, Pictet Wealth Management

Edited by: Emily Liu & Claressa Monteiro

Engineered by: Joann Chai Pei Chieh

Executive producer: Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

---

Follow BT Correspondents:

Channel: bt.sg/btcobt

Amazon: bt.sg/btcoam

Apple Podcasts: bt.sg/btcoap

Spotify: bt.sg/btcosp

YouTube Music: bt.sg/btcoyt

Feedback to: btpodcasts@sph.com.sg

Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

---

Discover more BT podcast series:

BT Mark To Market at: bt.sg/btmark2mkt

BT Money Hacks: bt.sg/btmoneyhacks

WealthBT: bt.sg/btwealthbt

PropertyBT: bt.sg/btpropertybt

BT Podcasts: bt.sg/pcOM

BT Market Focus: bt.sg/btmktfocus

BT Branded Podcasts: bt.sg/brpod

BT Lens On: bt.sg/btlenson

See omnystudio.com/listener for privacy information.

It’s F1 season in Singapore. As the big-league Ferraris and Red Bulls speed past the Marina Bay skyline, we zoom in on the overlooked world of small league motorsport racing.

From grassroots car park rallies in the 80s to Hong Kong superstars and the mega-rich who pay millions to live their childhood racing dreams, we hear the untold stories of motorsport racing.

And we ask the hard-hitting questions, like is it true that most racing teams don’t make money? And why does Sergio Perez still have a job?

Welcome to the debut episode of our newest podcast, TransportBT, where BT correspondent Derryn Wong takes you through the business of moving things around.

To kick things off, Derryn sits down with team manager of Toro Racing and Singapore’s own racing legend Ringo Chong to give you the insider’s take on the business of speed.

You might also find these interesting:

BT Money Hacks: Investing in cars: worth it or lemons from the start?

Are you really an F1 nerd? Take this quiz to find out.

---

Highlights:

02:28 Racing beyond the world of F1

05:14 How expensive is racing

08:10 Do race teams actually make money

11:23 Teaching Aaron Kwok how to drive

14:14 Pay Drivers are a fact of life

18:46 The future of racing is in China

---

Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.

---

Written and hosted by: Derryn Wong (derrynwong@sph.com.sg)

With Ringo Chong, team director, Toro Racing

Edited by: Emily Liu & Claressa Monteiro

Produced by: Derryn Wong & Emily Liu

Engineered by: Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

---

Follow BT Correspondents:

Channel: bt.sg/btcobt

Amazon: bt.sg/btcoam

Apple Podcasts: bt.sg/btcoap

Spotify: bt.sg/btcosp

YouTube Music: bt.sg/btcoyt

Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

---

Discover more BT podcast series:

BT Mark To Market at: bt.sg/btmark2mkt

BT Money Hacks: bt.sg/btmoneyhacks

WealthBT: bt.sg/btwealthbt

PropertyBT: bt.sg/btpropertybt

BT Podcasts: bt.sg/pcOM

BT Market Focus: bt.sg/btmktfocus

BT Branded Podcasts: bt.sg/brpod

BT Lens On: bt.sg/btlenson

See omnystudio.com/listener for privacy information.

If you’ve been a fan of the podcasts Mark to Market, Wealth BT and Property BT - they are moving to a new listing!

BT Correspondents! Look for episodes every Tuesday from October! All the insights and analysis in market trends, property, wealth and soon mobility too. Powered by The Business Times journalism of Genevieve Cua, Leslie Yee, Ben Paul and Derryn Wong.

Because great reads SHOULD be heard! BT Correspondents. Find BT Correspondents wherever you listen to podcasts.

See omnystudio.com/listener for privacy information.

Reits have been struggling with soaring debt costs and concerns about the deflating value of their property portfolios. But these trends reverse as major central banks cut rates. Senior correspondent Ben Paul explains how investors should position themselves.

Synopsis: Listen to senior correspondent Ben Paul's analysis and insight on market trends and corporate issues in Singapore in this podcast series based on his weekly column in The Business Times.

Highlights of the podcast:

01:30 Rising rates did not stop the S&P500’s advance

04:14 Rate cuts will support stocks, drive funds to Asia

07:02 Lagged effect on local Reits, watch fundamentals

11:35 Get ready for surge in acquisitions, fundraisings

---

Send your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.

---

Written and hosted by: Ben Paul (benpaul@sph.com.sg)

Edited by: Howie Lim & Claressa Monteiro

Produced by: Ben Paul & Howie Lim

Engineered by: Joann Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

---

Follow BT Correspondents:

Channel: bt.sg/btcobt

Amazon: bt.sg/btcoam

Apple Podcasts: bt.sg/btcoap

Spotify: bt.sg/btcosp

YouTube Music: bt.sg/btcoyt

Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

---

Discover more BT podcast series:

BT Mark To Market at: bt.sg/btmark2mkt

BT Money Hacks: bt.sg/btmoneyhacks

WealthBT: bt.sg/btwealthbt

PropertyBT: bt.sg/btpropertybt

BT Podcasts: bt.sg/pcOM

BT Market Focus: bt.sg/btmktfocus

BT Branded Podcasts: bt.sg/brpod

BT Lens On: bt.sg/btlenson

See omnystudio.com/listener for privacy information.