Rent too high? Move to Singapore
High-rise residential apartment buildings in Singapore. (Photo: Roslan Rahman/AFP) (29 April) Anyone in the market for a luxury apartment in Hong Kong, London or Washington toward the end of last year was in luck. The rents on prime flats were sagging a bit. Billionaires could lock in leases on pieds-à-terre at a slight...
Singapore Airlines profit down 60%
(8 May) Singapore Airlines Ltd. Thursday said its fiscal fourth-quarter net profit fell 60% as the flag carrier continued to battle stiff competition that is forcing it to discount fares. Net profit in the three months ended March 31 fell to 27 million Singapore dollars (US$21.6 million), compared with S$68.3 million a year...
PRC pilots demand same pay as foreign pilots
Headquartered in Beijing, Air China operates more than a thousand flights on peak travel days. (6 May) Given the country's aviation boom and pilot shortage, you might think this would be a good time to be a pilot in China. According to an open letter from pilots making the rounds on Chinese media, however, major issues within...
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