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DUBAI (Reuters) – United Arab Emirates carrier flydubai swung to a profit of 198.2 million dirham ($54 million) last year, helped by a compensation agreement with Boeing over the worldwide 737 MAX grounding. The Dubai state-owned airline is one of the world’s biggest MAX customers, though only operated around 14 of the jets when they […]
SINGAPORE (Reuters) – Singapore announced S$5.1 billion ($3.55 billion) in additional economic spending such as wage support, waiver of levies and one-off payments to combat the coronavirus pandemic. “This is an unprecedented budget for extraordinary times,” Finance Minister Heng Swee Keat told parliament on Monday, just over a week after the city-state unveiled more than […]
