Philippines airport voted world’s worst airport again
(18 Oct) - The Ninoy Aquino International Airport (NAIA) Terminal 1 is the worst airport in the world for 2013 after getting the same distinction two years ago. Travel website Sleeping In Airports has released the results of its Best and Worst Airports for 2013, and the Philippines' main gateway was once again voted as the world's...
Wage-cost worries creep up in Singapore
Singapore (18 Oct) - New laws in Singapore imposing restrictions on foreign workers have sparked some concern about a rise in labor costs among small and medium-sized businesses. According to the Association of Charted Certified Accountants (ACCA) and the Institute of Management Accountants (IMA), government spending and policy...
A Singapore-style system won’t work in Hong Kong
The city state's managed currency float has worked for it in the past, but its performance since the financial crisis has not been spectacular. (17 Oct) - I was a bit disappointed," writes a dissatisfied reader in response to Tuesday's Monitor column, which aimed to debunk the notion that Hong Kong should peg its currency to...
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