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Singapore Airlines Ltd. staff, including pilots, may get a profit-sharing bonus of 7.94 months, the Straits Times reported, citing an announcement it had seen from chief executive officer Goh Choon Phong.
The intake of Chinese applicants in the current financial year has been “paused” while the changes are being put in place, the spokesperson added. The application process is expected to restart later in 2024.
“There’s no necessity for Malaysia to venture into the casino business,” Anwar said. “We are focusing on digital transformation, energy transition, AI, and we believe that this is adequate to push the country forward.”
Malaysian Prime Minister Anwar Ibrahim signalled that he sees no urgency in reducing fuel subsidies, a move that according to him would strain consumers and spur inflation – even though it’s a reform closely watched by investors.
Indonesia’s President-elect Prabowo Subianto said his incoming administration will maintain an open foreign policy approach and not be drawn into choosing sides between the US and China as they compete for influence.
The suggested area will comprise Iskandar Malaysia and Pengerang on the east coast of the state, Johor’s chief minister Onn Hafiz Ghazi was cited as saying at the state assembly on Sunday.
The Tokyo-based company earned a better-than-expected net income of 231.1 billion yen (US$1.5 billion) in the March quarter, compared with a net loss of 57.6 billion yen a year earlier, helped by investment gains at the holding company and on derivative contracts. For the full year, SoftBank reported a narrower net loss of 227.7 billion yen, beating expectations.
The ascendant financial hub at the crossroads of global trade has in a relatively short period of time, in historical terms, transformed itself from a colonial trading port to the wealthiest nation in Asia – and one of the richest in the world.