China-Africa relations hurt by bad Chinese behaviour
(17 Jul) - China's foreign ministry has condemned the behaviour of some Chinese citizens in Africa following its ambassador to Tanzania giving an uncommonly frank newspaper interview in which he decried the "bad habits" of his compatriots. In the interview, Lu Xinsheng said Chinese businessmen smuggle ivory and rhino horns out...
SIA Q1 net profit plunges 71.4 percent
(30 July) - Singapore Airlines (SIA) said Wednesday its financial first quarter net profit plunged 71.4 percent from the previous year, weighed down by lower passenger and cargo revenue. Net profit in the three months to June came in at Sg$34.8 million ($27.8 million), down from Sg$121.8 million in the same period last year,...
S’pore risks biz reputation with FT labour restrictions
(31 Jul) - Singapore risks tarnishing its business-friendly reputation by implementing new labour laws that require companies to prioritise hiring locals over foreigners for middle income jobs, analysts say. Foreign workers in Singapore From Friday, large and medium-sized companies looking to hire workers with a monthly salary...
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