Business

[ad_1] SINGAPORE: Malaysia Airlines’ parent company is still in negotiations with lessors and creditors on a restructuring plan to keep the airline afloat, but talks are taking “longer than expected,” according to a staff memo seen by Reuters. “Negotiations are still ongoing and taking longer than anticipated, but we are …

[ad_1] WELLINGTON: Jacinda Ardern’s landslide election victory gives her a mandate for the transformative change she has been promising New Zealand for three years, but the COVID-19 pandemic may limit what she can actually do. The prime minister’s iconic achievement in nearly eliminating the novel coronavirus from the Pacific island …

[ad_1] SINGAPORE – A shelter has been ordered to suspend operations for 30 days for failing to comply with Covid-19 safe management measures. The Singapore Tourism Board (STB) ordered Hawaii Hostel on Bencoolen Street to suspend operations from October 11 to November 9 after investigations revealed that the hostel had …

[ad_1] A day after the National Salary Council issued new guidelines on compensation, the tripartite partners followed up with an updated framework for staff reductions indicating that the employment situation ahead remains bleak. Employers must ensure that objective criteria, such as ability, experience and skills, are used in case they …

[ad_1] SINGAPORE: A hostel allowing guests to stay for “leisure purposes” was ordered to suspend operations for 30 days, the Singapore Tourism Board (STB) said on Sunday (October 18). Five other food and beverage outlets (F&B) have also been fined S $ 1,000 each for violating COVID-19 safe management measures, …

[ad_1] KUALA LUMPUR • Low-cost long-haul carrier AirAsia X has run out of money and needs to raise up to RM500 million (S $ 164 million) to restart the airline, Vice President Lim Kian Onn said in an interview published yesterday. The Malaysian airline, the long-haul arm of AirAsia Group, …

[ad_1] What motivates people to spend hundreds of dollars on this when they could go to a 5-star restaurant or hotel in town? The dining experience of the SIA A380 was something that surprised many. Why someone would spend S $ 50 in economy class at S $ 600 in …

[ad_1] Malaysia Airlines (MAS) has told lessors that it will not be able to make payments for planes after next month unless it receives more money from the Khazanah state sovereign wealth fund. According to Reuters, MAS is burning US $ 84 million (S $ 114 million) in cash each …

[ad_1] They have been dating for about a year and on October 25, Nicholas Lim and his girlfriend Eleanor Teo will board a plane together for the first time. The couple’s destination is not a far off place, but the Singapore Airlines restaurant on an A-380 plane, which will be …

[ad_1] SINGAPORE – The National Wage Council (NWC) has given employers the green light to implement temporary pay cuts if it means saving jobs. They should seek the support of employees before doing so and only make the necessary reductions to minimize layoffs, the tripartite group said on Friday (October …