Malaysia Aviation Group (MAG) has announced a reduction in flight schedules for Malaysia Airlines, Firefly, and Amal through December, following a series of operational incidents. An aircraft from Malaysia Airlines. Photo from Malaysia Airlines’ Twitter “This is to ensure the long-term reliability of our fleet and robustness of our operations …
Read More »Durov: Mysterious and controversial Telegram billionaire founder with 100 children
Russian-born tech mogul Pavel Durov has founded wildly popular social networks and a cryptocurrency, amassed a multi-billion-dollar fortune and fathered over 100 children through sperm donations. Founder and CEO of Telegram Pavel Durov delivers a keynote speech during the Mobile World Congress in Barcelona, Spain on Feb. 23, 2016. Photo …
Read More »Vietnam’s economy projected to grow 6.1% this year
Vietnam’s economic growth is expected to pick up in 2024, driven by a rebound in manufactured exports and tourism, and recovering consumption and business investment, the World Bank (WB) said on August 26 in a new report. The economy is forecast to grow 6.1% in 2024, and 6.5% in both …
Read More »Construction consortium loses $250M Long Thanh airport bid over missed $13 fee
A consortium led by construction giant Deo Ca Group has lost in a bid to build a VND6.3 trillion (US$253 million) sub-project in Long Thanh International Airport due to failing to submit a VND300,000 ($13) fee on time. The consortium of eight companies has lost the bid to build an …
Read More »Dollar dips to near 5-month low against dong, tiptoes up globally
The U.S. dollar fell against the Vietnamese dong Tuesday morning to the lowest since April 2 but gained slightly in other markets. Vietcombank brought its rate down by 0.2% to VND25,000. The State Bank of Vietnam set its reference rate 0.12% lower at VND24,224. Unofficial exchange points kept the greenback …
Read More »Train attractive choice to tourists during National Day holiday amid expensive airfares
Amid rising airfares, many Vietnamese travelers are shifting to train to travel in the coming National Day holiday. Trains offers travelers a relaxing experience as they can enjoy stunning scenery throughout their journey, said Bui Thanh Tu, marketing director of BestPrice Travel Company Therefore, instead of opting for expensive air …
Read More »Durian emerges as new hope for Malaysia’s exports
Malaysia’s durian exports are expected to rise to RM1.8 billion (US$412 million) by 2030, according to its Ministry of Agriculture and Food Security (KPKM). As reported by Malaysia’s national news agency Bernama in an August 25 statement, the KPKM stated that Malaysia’s durian export performance over the five-year period from …
Read More »Financial freedom a pipe dream for 44% Singapore residents: survey
Around 44% of Singapore residents believe they will never achieve financial freedom, partly due to insufficient income and debts, a survey has found. 29% say they will be able to achieve financial freedom eventually, while 27% say they have achieved it, according to a recent survey by insurer Singlife. Respondents …
Read More »South Korean singer Lee Hyori and husband set to relocate to $4.5M Seoul home
Singer Lee Hyori and her spouse, South Korean musician Lee Sang-soon, will soon move from Jeju Island to a residence in Seoul valued at 6 billion won ($4.5 million). South Korean singer Lee Hyori. Photo from Lee Hyori’s Instagram Edaily reports that the couple recently acquired the property, which is …
Read More »Elevator digital media forum coming to HCMC
MMA Global and Chicilon Media will collaborate to host a forum on trends and insights in elevator digital media in Ho Chi Minh City on Aug. 29. The “Leading the New Era of Advertising: Building Elevator Digital Media” forum is set to take place at Sheraton Saigon, organized by MMA …
Read More »