Monday, 17 Jun 2024

Asia

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Coronavirus: SIA's Scoot modifies aircraft to carry only cargo

SINGAPORE – Budget carrier Scoot has modified one of its planes to carry only cargo from August. Scoot, Singapore Airlines’ low-cost arm, removed all the seats of one of its A-320ceo aircraft, doubling the aircraft’s cargo-carrying capacity to nearly 20 tonnes. “With many passenger aircraft sitting idle due to the pandemic, Scoot started operating cargo […]

Bilateral agreements have not jeopardised employment opportunities for Singaporeans: Heng Swee Keat

SINGAPORE – Bilateral agreements that Singapore signed with other countries have not jeopardised employment opportunities for Singaporeans, Deputy Prime Minister Heng Swee Keat said on Sunday (Aug 23). In fact, they have opened doors to better jobs. Responding to criticisms about how free trade agreements or comprehensive economic cooperation agreements had caused Singapore to “sign […]

Malaysian PM Muhyiddin Yassin on minister's quarantine breach: No one is exempt

PETALING JAYA (THE STAR/ASIA NEWS NETWORK) – Malaysia’s Prime Minister has asked for a comprehensive investigation into the case of a minister breaching a mandatory 14-day quarantine, saying no one is above the law. The government views seriously the alleged breach of quarantine rules by a minister, said Tan Sri Muhyiddin Yassin. “The government has […]

Seven civilians killed by roadside bomb in Afghanistan

Three women, two children and two men died when their vehicle struck the roadside bomb in Ghazni province. At least seven civilians have been killed by a roadside bomb in eastern Afghanistan, the latest violence in the country amid new uncertainties over the start of talks between the Taliban and the government. Three women, two […]

Dollar bides time as traders look to economic data, Jackson Hole

TOKYO (Reuters) – The dollar steadied against major currencies on Monday as traders looked to more data for a gauge on the health of the global economy and the Federal Reserve’s annual Jackson Hole retreat for guidance on the outlook for U.S. monetary policy. Sentiment for the greenback has improved somewhat due to supportive data […]

Strong family bonds will help Singaporeans through Covid-19: President Halimah

SINGAPORE – Strong familial ties can provide Singaporeans with the strength and resilience needed to tackle the challenges brought by the Covid-19 pandemic, said President Halimah Yacob in a video message addressing the participants at the Chinese Development Assistance Council (CDAC) Family Bonding Day @ Home on Sunday (Aug 23). “Strong families are the cornerstone […]

Chinese banks to post first first-half profit drop in over a decade amid pandemic pain

BEIJING/HONG KONG (Reuters) – Some of China’s largest banks are set to post their first drop in first-half profits since the global financial crisis, hit by a surge in bad debt and higher loan-loss provisions due to the coronavirus pandemic, analysts and official data indicate. The big five state banks including Industrial and Commercial Bank […]