Singapore Airlines’ First-Half Profit Falls 44% as Fuel Costs Rise
Singapore Airlines reported record half-year revenue, but higher jet fuel costs and a weak first quarter reduced net profit.
Trusted Insights. Asian Perspective.
Singapore Airlines reported record half-year revenue, but higher jet fuel costs and a weak first quarter reduced net profit.
Malaysia ranked 27th in the new digital and AI index as the government highlighted adoption and workforce programmes.
Spot gold recovered part of Tuesday’s decline as investors assessed the implications of the latest US inflation data for interest rates.
Heineken Malaysia reported weaker September-quarter sales and profit as it worked through a distributor inventory adjustment.
Malaysia ranked 27th in the new digital and AI index as the government highlighted adoption and workforce programmes.
Cathay has committed to 14 additional Airbus jets, with widebody deliveries expected from 2031 and three narrowbodies earmarked for HK Express.
Seven banks and financing providers will help design Malaysia’s proposed e-invoice financing marketplace for small and medium-sized businesses.
The UK regulator identified competition concerns in dry ingredient mixes and dry sauces, giving the parties until 18 November to propose remedies.