Covid-19

Sharing Economy

Singapore to end most rules on masks indoors as Covid wave eases

Lee said the latest wave of Covid is now subsiding.

Covid-19

BioNTech sinks as Covid vaccine sales and profit disappoint

Sales fell to 3.2 billion euros, almost 20% short of the average estimate.

Aviation & Engineering

Qantas head office staff haul luggage full-time to fight labour crunch

Applicants must be able to move suitcases weighing as much as 32 kilograms

Results

Centurion expects 1HFY2022 earnings to be at least 250% over 1HFY2021

In contrast, Centurion reported a fair value loss of $14.5 million recorded for 1HFY2021.

Aviation & Engineering

Changi Airport's passenger volume for June hit 2.93 mil, just half versus pre-pandemic's June 2019

As at July 1 2022, 85 airlines operate over 4,400 weekly scheduled flights at Changi Airport

China Focus

China factory activity sees shock contraction on outbreaks

China’s economic recovery has been fragile as the government relaxes curbs but then tightens them again

Global Economy

Nobody knows how long inflation will last. That's life

It is impossible to be sure about the future path of inflation, war in Ukraine, and future path of the Covid pandemic.
After Cannabis, Thailand takes step to allow casinos to operate - THE EDGE SINGAPORE

SE Asian economies

After cannabis, Thailand takes step to allow casinos to operate

The proposal for casinos comes amid Thailand’s broader move toward a more-liberal legal landscape.
SATS records red ink of $22.5 million as it incurs higher costs to meet resumption of travel demand - THE EDGE SINGAPORE

Results

SATS records red ink of $22.5 million as it incurs higher costs to meet resumption of travel demand

The company expects the recovery trajectory to continue but warns that inflation will remain a challenge.

Currencies

Enjoy Europe without a trip to Changi

The Singapore dollar is now at an all-time high against the euro.
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