Tigerair’s losses widen in last quarter
(24 Jul) - Singapore's Tiger Airways Holdings reported a wider loss in the quarter ended June, hurt by one-time costs related to the shutting down of its Indonesian venture. Tiger said yesterday its first-quarter net loss rose to S$65.2 million (HK$408 million) from S$32.8 million a year earlier. The share of loss at Mandala...
McDonald’s Japan stops China chicken import
McDonald's Restaurant (25 Jul) - McDonald's Holdings Co (Japan) said it halted sales of all products that use chicken meat that originates in China on Friday, switching its sourcing completely to Thailand. McDonald's Japan had already stopped selling items that used meat sourced from Shanghai Husi Food Co, a China-based...
Dazzling Singapore starting to show cracks
Visitors to Singapore can’t help being dazzled by Asia’s only global city. Marina Bay. Sentosa Island. Botanical Gardens. Temples. Museums. Casinos. Luxury hotels. Shopping on Orchard Road and lots more. But scratching below the surface reveals a system struggling for survival. Singapore was not born to authoritarian government...
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