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☆ Singapore Airlines shares fall as much as 6% as profit nearly halves amid intensifying competition
▼ + stars: | 2024-11-11 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

An Airbus A350-941 from Singapore Airlines is preparing to take off on the runway at Barcelona-El Prat Airport in Barcelona, Spain, on May 1, 2024. SINGAPORE — Shares of Singapore Airlines dropped after the city-state's flag carrier reported a fall of almost 50% in net profit for its first half April to September period, citing lower yields and growing competition. Net profit in the first half of the fiscal year came in at 742 million Singapore dollars ($559.12 million), 48.5% lower than the SG$1.44 billion in the same period a year ago. Singapore Airlines said in a release that the fall in operating profit was due to "increased capacity and stronger competition in key markets," which led to a fall in yields and ultimately, profit. However, SIA will not "hold back on capacity growth just because there's competition in the market," Lee added.

Persons: Lee Lik Hsin, Goh Choon Phong, Lee Organizations: Airbus, Singapore Airlines, El, SINGAPORE —, Singapore, SIA Locations: Barcelona, Spain, SINGAPORE, Singapore

☆ I've flown on Singapore's world's longest flight in business class. It was nice, but the new seats will be a game changer.
▼ + stars: | 2024-11-08 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

I'm exited Singapore Airlines is adding doors to business class after flying the current seat. AdvertisementIn early 2023, I flew Singapore Airlines on the world's longest flight to experience what is considered a top-tier business class. Taylor Rains/Business InsiderSince then, I've flown in door-equipped business class on Japan's All Nippon Airways and British Airways. The carrier announced plans in November to retrofit 41 Airbus A350 planes with a new door-equipped business class. Air India launched its new pod-like business class in January as it completely overhauls its brand.

Persons: I'm, —, Taylor Rains, I've, Goh Choon Phong, Skytrax's Organizations: Singapore Airlines, Service, All Nippon Airways, British Airways, Boeing 777X, Air India, Air, Turkish Airlines, American Airlines, Korean Locations: Singapore, Qatar

☆ Singapore Airlines will add first class, revamp cabins for longest flights
▼ + stars: | 2024-11-04 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Singapore Airlines is planning to add a four-seat first class to the Airbus aircraft it uses for its longest routes, a bet to attract high-spending travelers to flights that can top 17 hours. The carrier will add the new seats to seven Airbus A350-900 URLs, or ultra-long-range aircraft that it uses for lengthy trips, including its longest, between New York and Singapore. Singapore said the new first- and business-class seats will have new in-flight entertainment but the carrier didn't disclose many details about the new cabins. Airlines have been investing billions of dollars to revamp their premium cabins to chase travelers willing to shell out for more space on board. They range from international airlines Singapore Airlines to smaller carriers like JetBlue Airways , whose long-range twin-aisle jets used for trips across the Atlantic feature suites with sliding doors.

Persons: Goh Choon Phong Organizations: Singapore Airlines, Airbus, Airlines, JetBlue Airways Locations: New York, Singapore

☆ One of the world's best airlines is adding a flyer-favorite feature to its business class as premium competition heats up
▼ + stars: | 2024-11-04 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Five-star carrier Singapore Airlines is investing $830 million to retrofit 41 Airbus A350 planes. Business class doors are increasingly popular as flyers demand more privacy in high-dollar cabins. The privacy door, a flyer favorite, is an increasingly popular perk in business class. Singapore opted for privacy wings instead of a door on its existing A350 business class, which Business Insider flew in January 2023. Singapore's A350-900ULR will add three business class seats but lose 36 premium economy seats to make room for first class.

Persons: —, Taylor Rains, Goh Choon Phong Organizations: Singapore Airlines, Boeing 777X, Service, Airbus, Singapore, Business, Insider Airlines, Air, American Airlines, British Airways, Korean Air, Turkish Airlines, Boeing, Qatar Airways, Cathay Locations: Qatar, Air India, Singapore, New York City, Singapore Airlines Singapore, London, Hong

☆ Salty cream in your morning brew? Why Vietnam’s specialty coffees are catching on around the world
▼ + stars: | 2024-06-28 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +7 min

Ca Phe Muoi co-owners Ho Thi Thanh Huong and Tran Nguyen Huu Phong. Traditional Vietnamese coffee is brewed in a phin – a metal, filtered brewing device – that’s placed over a cup or pot. And salt coffee is just one of several distinctive Vietnamese coffee drinks that might raise a few eyebrows among those who’ve yet to sample them. In fruit shake coffee – sinh to ca phe – coffee is combined with banana or avocado to produce a smoothie. And though they serve both iced and hot versions of salt coffee, they think the former is the tastiest option.

Persons: CNN — It’s, Luong, ”, Ho, Tran Nguyen, “, Tran Nguyen Huu, phe muoi, Linh Pham, trung, Mintel, phe Organizations: CNN, –, ”, Bloomberg, Getty, International Trade Council Locations: Hue, Vietnam, Turkey, Hungary, Siberia, Hanoi , Vietnam, Brazil, Hanoi, it's, Asia, California, Seattle, Philadelphia, London, Hue Imperial City

☆ I moved to Thailand, started a family, and can't picture ever returning home to Scotland
▼ + stars: | 2024-05-27 | by ( Duncan Forgan | ) www.businessinsider.com time to read: +6 min

Read previewA friend recently said that living in Southeast Asia was akin to winning one of Willy Wonka's golden tickets. AdvertisementIt's been 14 years since the author arrived in Southeast Asia. Yet Western media obsessions — US presidential elections and divisive identity politics, to name but two — are not given the same relentless prominence here. I've not lived in Scotland since 2007, and the axis of my life — wife and son, friends, work networks, clients — is almost entirely Asia-orientated. We are heading back to Scotland this July, and I can't wait to catch up with friends and family and show my son Alex the Highlands for the first time.

Persons: —, Willy Wonka's, batty, Mr Wonka, Thailand's, It's, Duncan Forgan, kao, he's, Chiang Mai, Alexander, I'm, Alex the Organizations: Service, Business, South, Tamil Nadu, Royal, Alex the Highlands Locations: Southeast Asia, Bangkok, Chinatown, Thai, Jok, Ojo, Thailand, Vietnam, Asia, Pacific, soi, South, Western Australia, Scotland, London

☆ Passengers on flight hit by extreme turbulence arrive in Singapore
▼ + stars: | 2024-05-22 | by ( Joanna Tan | ) www.cnbc.com time to read: +1 min

Passengers of Singapore Airlines flight SQ321 from London to Singapore, which made an emergency landing in Bangkok, greet family members upon arrival at Changi Airport in Singapore on May 22, 2024. SINGAPORE — More than 140 passengers and crew that were on the Singapore Airlines flight that made an emergency landing in Bangkok Tuesday after encountering severe turbulence arrived safely in Singapore early on Wednesday. One passenger died and 30 others were injured onboard the London to Singapore flight on Tuesday, which encountered "sudden extreme turbulence" about 10 hours after departing from Heathrow Airport. The Boeing 777-300ER, which was carrying carrying 211 passengers and 18 crew, was flying over the Irrawaddy Basin at an altitude of 37,000 feet when it experienced sudden turbulence. We also deeply apologise for the trauma experienced by all passengers and crew members on this flight," Singapore Airlines' CEO Goh Choon Phong, said in a video message posted on Facebook.

Persons: SQ321, Goh Choon Phong Organizations: Singapore Airlines, Changi Airport, Heathrow Airport, Boeing, Facebook Locations: London, Singapore, Bangkok, SINGAPORE

☆ Passengers on SQ321 Singapore Airlines flight describe nightmare at 37,000 feet
▼ + stars: | 2024-05-21 | by ( Jessie Yeung | Alex | ) edition.cnn.com time to read: +5 min

CNN —Passengers on a Singapore Airlines flight hit by severe turbulence on Tuesday described a sudden, dramatic drop as “all hell broke loose” on board the Boeing airliner carrying 229 passengers and crew. Flight SQ321 was cruising at 37,000 feet from London to Singapore when flight tracking data shows the plane rapidly plunged before climbing several hundred feet, then repeated the dip and ascent, for about 90 seconds. At first, “the flight was perfectly normal,” said passenger Andrew Davies, who was traveling to New Zealand for business. He described the flight as “quite smooth … I don’t remember any turbulence at all.”Many passengers were having breakfast at the time of the incident. The interior of Singapore Airline flight SQ321 is pictured after an emergency landing at Bangkok's Suvarnabhumi International Airport, Thailand, on May 21.

Persons: ”, Andrew Davies, ” Davies, Reuters Davies, Geoff Kitchen, Davies, Dzafran Azmir, Azmir, Goh Choon, Kittipong Kittikachorn, Kitchen, Goh, Kitchen’s Organizations: CNN, Passengers, Singapore Airlines, Boeing, Singapore Airline, Reuters, Briton, Facebook, Singapore’s Ministry of Transport, Thai, US National Transportation Safety Locations: London, Singapore, New Zealand, Thailand, Bangkok, Australia, Malaysia, United Kingdom , New Zealand, Spain, United States, Ireland

☆ Singapore Airlines: This airline is paying staff a bonus of 8 months’ salary
▼ + stars: | 2024-05-17 | by ( Heather Chen | Diksha Madhok | ) edition.cnn.com time to read: +1 min

Hong Kong/New Delhi CNN —Singapore Airlines is setting the bar high when it comes to bonus payouts. Singapore Airlines did not respond to a request for comment. The Singapore flag carrier was named the world’s best airline last year, according to the prestigious Skytrax World Airline Awards. Dubai’s Emirates will pay its staff a bonus equivalent to 20 weeks’ salary, Reuters reported this week, citing an internal email. However, the coming year could be difficult for the sector, Singapore Airlines said in its earnings statement.

Persons: Choon Phong Organizations: Hong Kong / New Delhi CNN — Singapore Airlines, CNN, Singapore Airlines, SIA, Emirates, Reuters Locations: Hong Kong / New Delhi, North Asia, China, Hong Kong, Japan, Taiwan, Singapore

☆ One country dominated clean energy growth this year, and it isn't the US, UK, or Germany. It's China, by a landslide.
▼ + stars: | 2023-12-27 | by ( Associated Press | ) www.businessinsider.com time to read: +11 min

In the United States, California continues to have the most solar energy, followed by Texas, Florida, North Carolina, and Arizona. China was one of the few growing markets this year for wind, the Global Wind Energy Council said. Faster permitting and other improvements in key markets such as Germany and India also helped add more wind energy. The top three markets this year are still China, the United States, and Germany for wind energy produced on land, and China, the United Kingdom, and Germany for offshore. The analysts are predicting that the global industry will rebound next year and make nearly 12% more wind energy available worldwide.

Persons: Mohammed bin Rashid Al Maktoum, Joshua A, Bickel, it's, Michael Taylor, IRENA, Karim Shahi, Rafiq Maqbool, Daniel Bresette, Bresette, Abigail Ross Hopper, Wood, Wood Mackenzie, Julia Nikhinson Construction, John Hensley, Seth Wenig, Hau Dinh, Evan Hartley, Paul Braun, John Eichberger, Daan Walter Organizations: Service, International Energy Agency, Business, IEA, United Arab Emirates, Climate, AP, International Renewable Energy Agency, Arizona . Workers, Energy Limited's, Energy, Environmental, Energy Study Institute, Solar Energy Industries Association, Global Energy Monitor, Wind Energy, Clean Power, Workers, Atlas Public, Benchmark Mineral Intelligence, Benchmark, University of Illinois, Panasonic, Toyota, Health, General Motors Co, LG Energy, Transportation Energy Institute, Rocky Mountain Institute Locations: Germany, Spain, Mohammed, Dubai, United, Bickel China, Europe, United States , California, Texas , Florida, North Carolina, Arizona, Karim, Khavda, Bhuj, India, Pakistan, Gujarat, China, Wood Mackenzie, Montauk Point , New York, Asia, United States, State, New London, Conn, United Kingdom, Hai Phong, Vietnam, Kansas, Ohio

☆ Fire at Vietnam apartment block kills 30 — state media
▼ + stars: | 2023-09-13 | by ( ) www.cnbc.com time to read: +1 min

Firefighters work to put out a fire and rescue people at an apartment block in Hanoi on September 13, 2023. At least 30 people have been killed in a fire at an apartment block in Vietnam's capital Hanoi, among them children, local media reported on Wednesday, citing the city's police. Contacted by Reuters, an officer with Hanoi police said the number of victims had yet to be finalised and declined to provide details. State-run Dan Tri and Saigon Giai Phong put the death toll at 30, citing Hanoi police. Several of the victims were admitted to local hospitals with multiple injuries after having jumped from their windows to escape the fire, state media said, citing Vu Hoang Phuong of Hanoi Medical University Hospital.

Persons: Dan, Phong, Hoang, Pham Minh Chinh Organizations: Vietnam News Agency, Reuters, Hanoi police, Police, Hanoi Medical University Hospital . Locations: Hanoi, Saigon

☆ The world’s best airlines for 2023, according to Skytrax
▼ + stars: | 2023-06-20 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Now, for the fifth time in the accolades’ 23-year history, it’s been named best airline in the prestigious Skytrax World Airline Awards 2023. The Qatar flag carrier bossed it in business class, with wins for World’s Best Business Class, World’s Best Business Class Seat, World’s Best Business Class Lounge (the Al Mourjan lounge at Hamad International Airport), World’s Best Business Class Lounge Dining and Best Airline in the Middle East. Scoot was the World’s Best Long-Haul Low-Cost Airline and Volotea won out in the very competitive Best Low-Cost Airline in Europe category. Garuda Indonesia’s cabin staff were voted the world’s best, Cathay Pacific won World’s Best Inflight Entertainment and Bangkok Airways was once again the World’s Best Regional Airline. Delta Air Lines was named Best Airline in North America, with the Best Airline Staff Service for the region, while Sun Country Airlines was named Best Low-Cost Airline in North America title for the first time Alaska Airlines was North America’s Best Regional Airline.

Persons: it’s, ”, Edward Plaisted, Goh Choon Phong, –, Al, Scoot, Volotea Organizations: CNN, Singapore Airlines, Air and Space Museum, Paris Air, SIA, Qatar Airways –, Japan’s ANA All Nippon Airways, Emirates, Japan Airlines, Qatar, World’s, Hamad International Airport, ANA, World’s Best, Services, Kuwait Airways, AirAsia, Air Canada, Cathay Pacific, Entertainment, Bangkok Airways, . Delta Air Lines, Best Airline Staff Service, Sun Country Airlines, Alaska Airlines, Airlines, Qatar Airways, ANA All Nippon Airways, Turkish Airlines, Air, Cathay, Korean, Hainan Airlines, Int’l Air, Etihad Airways, Iberia, Fiji Airways, Qantas Airways, British Airways, Air New Zealand, Delta Air Lines, Garuda, Thai Airways, Transavia, Southwest Airlines, Vueling, Ryanair, Jetstar Airways, Friendly, Virgin Atlantic Locations: Singapore, Europe, North America, Air France, Garuda Indonesia, Transavia France

The average May temperature in Hanoi is 32 degrees Celsius (90 degrees Fahrenheit). “Which is why a humid heat wave is more dangerous than a dry heat wave,” she told CNN. This is above a threshold considered dangerous, especially for people with health problems or those not used to extreme heat. In Thailand, 20 days in April and at least 10 days in May reached feels-like temperatures above 46 degrees Celsius (115 degrees Fahrenheit). Throughout April and May, Vietnam, Cambodia, Laos and Malaysia all had several days with potential to cause extreme heat stress.

Persons: ”, ” Phong, Dinh Van Hung, ” Dinh, Nhac Nguyen, Maximiliano Herrera, Herrera, Mariam Zachariah, Cyclone Mocha, ” Zachariah, Chaya Vaddhanaphuti, ” Emmanuel Raju, ” Raju, Madaree Tohlala, “ Nui, “, ” Nui, Andre Malerba, Chaya, –, Chintanaphone, Boua Seng, Lobia Yaw, Thongsouk, hasn’t Organizations: Hong Kong CNN, CNN, Getty, ” Workers, Imperial College London, WWA, Chiang Mai University, Copenhagen Center for Disaster Research, Labour Organization, Farmers, Weather, Lao Farmer Network Locations: Hong Kong, Hanoi, Vietnam, Dong Da district, “, Hanoi , Vietnam, AFP, Dinh, Southeast Asia, Thailand, Laos, Cambodia, Malaysia, Myanmar, Asia, Thai, Narathiwat, Bangkok, ”

☆ Singapore Airlines, Garuda Indonesia plan JV to boost passenger capacity
▼ + stars: | 2023-05-29 | by ( ) www.reuters.com time to read: +1 min

May 29 (Reuters) - Singapore Airlines Ltd (SIAL.SI) and Garuda Indonesia (GIAA.JK) plan to enter into a joint venture (JV) to increase passenger capacity between the two countries, the flag carriers said on Monday, as post-COVID tourism in Southeast Asia ramps up. The proposed JV would allow the carriers to potentially synchronise schedules, improving passengers' connectivity and convenience, and explore new initiatives, including joint fare products and an alignment of corporate programmes, they said. The plan will cover routes between Singapore and Denpasar, Jakarta, and Surabaya, and deepen the existing cooperation between the two carriers. "This joint venture ... reflects our firm commitment to grow the aviation markets in Indonesia and Singapore, facilitating a greater level of business and people connections and promoting both countries as regional tourism destinations," said Goh Choon Phong, chief executive officer of Singapore Airlines. Reporting by Upasana Singh in Bengaluru; Editing by Nivedita Bhattacharjee and Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

☆ Fan Bingbing spotlights Asian designers at Cannes
▼ + stars: | 2023-05-25 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

Making her first appearance at Cannes since 2018, Fan arrived at last Tuesday’s opening event (the premiere of Johnny Depp’s new film “Jeanne du Barry”) wearing a creation by Christopher Bu. Fan Bingbing attends the Red Sea International Film Festival's "Women's Stories Gala" wearing an outfit by South Korean label Miss Sohee. Fan Bingbing in a golden gown by Vietnamese fashion designer Chung Thanh Phong. Her looks at Cannes have not been exclusively by Asian designers. Fan attending the Oscars in March 2023, one of her first public appearances outside China since a tax controversy threatened to derail her career.

Persons: Fan Bingbing, Louis Vuitton, Fan, Johnny Depp’s, Jeanne du Barry ”, Christopher Bu, Sohee, Daniele Venturelli, Miss Sohee, Chung Thanh, Jimmy Choo, Harvey Cenit, Chung Thanh Phong, Arnold Jerocki, FanBingbingCannes, Mikael D, Mikael Derderian, Wes Anderson’s, Tamara Ralph, Ralph, Russo, ”, Emma McIntyre, Jessica Chastain, Penélope Cruz, Tony Ward Couture Organizations: CNN, Cannes, South, Palais des, Red Sea, Miss, Sohee, Canadian, Forbes, Global Times, The Berlin, Fashion Locations: China, South Korean, Korean, Weibo, Lebanese, Charleston

☆ How to put your best travel foot forward for Earth Day 2023
▼ + stars: | 2023-04-22 | by ( Forrest Brown | ) edition.cnn.com time to read: +20 min

But you don’t have to totally cut out travel or stay super close to home to be a good planetary citizen. You need a city that’s dedicated to getting it right to best enjoy an urban biking vacation. Here, we've curated 30 of our favorite corners, including the Thu Bon River, which flows through central Vietnam. A maze of rivers and caves, the UNESCO World Centre is defined by its craggy limestone facades and jade green water. Bruno De Hogues/Photodisc/Getty Images Phong Nha-Ke Bang National Park: A UNESCO World Heritage, Phong Nha-Ke Bang National Park is heaven for spelunkers.

☆ Singapore Airlines extends its India runway
▼ + stars: | 2022-11-30 | by ( ) www.reuters.com time to read: +2 min

On Tuesday Singapore Airlines (SIAL.SI) and Indian conglomerate Tata agreed to merge their nine-year-old jointly owned carrier Vistara with Air India, whose enterprise was valued at $2.4 billion when Tata bought it just over a year ago. Air India, meanwhile, will get a deep-pocketed partner willing to inject as much as $615 million more in capital over the next couple of years, if needed. Singapore Airlines’ ability to finance the deal with cash speaks volumes about its strong financial position. In any event, its ability to upgrade its seat in India will serve Singapore Airlines well. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Vietnam's VinFast ships first electric vehicles to U.S. customers
▼ + stars: | 2022-11-25 | by ( Phuong Nguyen | ) www.reuters.com time to read: +3 min

The first cars are expected to be handed over to customers by the end of December, the company said. Thuy said VinFast expected to be able to ship a second batch of cars to the United States, its first export market, around January. VinFast is in the process of building an electric vehicle plant in North Carolina that is awaiting final regulatory approval from local officials. VinFast said last week that Autonomy had ordered 2,500 electric vehicles, its largest corporate order to date. VinFast officials said the number 999 for the vehicles shipped in the first batch had been chosen because it is considered a lucky number in Vietnam.

☆ FASB Settles on Fair-Value Accounting for Measuring Crypto Assets
▼ + stars: | 2022-10-12 | by ( Jennifer Williams-Alvarez | ) www.wsj.com time to read: +4 min

The Financial Accounting Standards Board on Wednesday said companies should use fair-value accounting for measuring bitcoin and other crypto assets, moving a step closer to a standard that could clear up uncertainty over reporting how much such holdings are worth. Companies and accountants want the FASB to adopt fair-value accounting instead, which would allow them to recognize losses and gains immediately and treat digital assets as financial assets. The FASB on Wednesday said fair-value accounting best captures the economics of crypto assets and determined the method would be a requirement rather than an option for companies. PREVIEWCompanies and investors have asked the FASB for years for rules on how to account for and disclose crypto assets. “Without these standards for the accounting and valuation of crypto assets, companies are reluctant to hold them,” she said.

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