Cabin crew inside an aircraft of Singapore Airlines in North Charleston, US. File/Reuters
Singapore Airlines warned passenger capacity may remain at less than half of pre-pandemic levels by its March 2021 year-end after slumping to a S$1.12 billion ($817 million) first-quarter net loss due to a sharp decline in demand.
Singapore Airlines and Malaysia Airlines have signed a preliminary agreement to explore a wide-ranging strategic partnership that could include more codeshare agreements as well as cargo and aircraft maintenance, the companies said.
Hotel occupancy rates of Singapore have climbed to their highest in over a decade as travellers and business events switched from Hong Kong, where pro-democracy protests have slammed tourist numbers and wider business sentiment.
China’s factory activity expanded in July at the slowest pace in 17 months as higher raw material costs, equipment maintenance and extreme weather weighed on business activity,
Trade in medical goods registered growth of 16.3 per cent in 2020 - compared with 4.7 per cent growth in 2019 when the COVID-19 pandemic was just starting,
Al Aliyo HydroFarms, a hydroponic fodder farm in the UAE, has inaugurated two warehouses in the Sharjah Food Park of Hamriyah Free Zone Authority (HFZA) with initial investments estimated at Dhs9 million.