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Poor sentiment causes Asian bourses to drop badly in Q1
MAJOR stock markets in Asia ended the first quarter of the year substantially lower as concerns over the economic impact from the war in Iraq weighed on investor sentiment.
Some airlines start SARS screening
SOME airlines at Changi Airport have started tighter screening for passengers who might have Severe Acute Respiratory Syndrome (SARS).
Full alert against the deadly bug
Violation of quarantine carries a heavy fine and possible jail in Singapore. It is aimed at combating a mystery deadly bug that has killed two and afflicted 74 Singaporeans, 10 of them seriously. SEAH CHIANG NEE has the details.
MAS to raise or not to raise cargo fees
MAJOR regional airlines are grappling with escalating cost in their cargo operations following the onset of the war in Iraq. While most airlines have moved to pass the additional cost over to cargo customers, others have yet to do so, perhaps on the belief that the situation may not last for too long.
Iraq war and virus hit travel industry
THE news for the airline and tourism industry has gone from bad to worse, with sliding bookings and rising cancellations beginning to show.
Jagger and company roll into town in style
TWO chartered planes, two stretch limousines, three coaches, four mini-vans and more than 70 rooms at the The Ritz Carlton Millenia #8211; the Rolling Stones arrived in style on Saturday.
Brokers' call - MALAYSIA AIRLINES BHDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â &nb
WHILE traffic for the month of January 2003 was good, domestic traffic was weaker on a month-to-month basis following the seasonally strong month of December. Traffic for February 2003 was also weaker after Chinese New Year but forward bookings are looking stronger this year.
SIA re-routes flights to avoid conflict zone
B>SINGAPORE:/BSingapore Airlines (SIA) said yesterday it has re-routed flights to the Middle East and Europe to avoid the war in Iraq and imposed a war surcharge on cargo after the US began a military strike against Iraq.
SIA to cancel 65 services a week due to Iraq war
Singapore Airlines announced Thursday it would suspend 65 services a week, including two to the United States, with the start of military action in Iraq.
Asian airlines move to cut services and costs
Several Asian carriers yesterday moved to cut services and slash costs ahead of an expected air travel and cargo slump, but airline shares rose on hopes that a US-led assault on Iraq would be brief.