India rises to rank 15 among top global destinations for FDI in 2024: UN Report
The development comes despite a marginal dip in inflows at $27.6 billion.
Corporate Buzz
‘I still can’t get over it’: Flight, cabin crew mull over new course after Jetstar Asia closure
More than 500 Singapore-based employees will be laid off when the airline closes. This includes over 100 pilots and nearly 300 cabin crew members.
Japanese carmakers’ anxiety grows as Japan-US tariff talks stall
Japanese carmakers and companies in other industries may need to review their pricing strategies for the U.S. market.
Runway widens for Singapore Airlines as Jetstar Asia exits amid aviation turbulence
SIA will reportedly ramp up flights to key Asian destinations after Jetstar Asia ceases operations. Scoot, SIA’s low-cost subsidiary, plans to launch new flights to Okinawa,…
China’s rare earth curbs pose supply risk to India’s EV push: report
India’s electric vehicle ambitions may face a critical supply-side hurdle due to China’s tightening grip on rare earth magnet exports, according to a report by Crisil Ratings.
Top Boeing executive Stephanie Pope visits Air India HQ to discuss plane crash, sources say
Ms Pope oversees design, production and delivery of advanced jetliners to Boeing customers around the world, according to the US plane maker’s website.
US officials survey Air India crash site, families continue to wait for bodies
Air India and the Indian government were looking at several aspects of the crash including issues linked to its engine thrust, flaps, and why the landing gear remained open as the…
Boeing shares fall 8% after Air India plane crashes
The news comes as the planemaker tries to rebuild trust related to safety in its jets and ramp up production under new Chief Executive Officer Kelly Orthberg. Boeing's shares were…
Jetstar Asia passengers struggle to get refunds for cancelled flights
Some of the airline’s passengers told The Straits Times they received notifications that they were “not eligible for a monetary refund” after submitting requests to get…
Climate ‘greenwashing’ will harm Cambodian workers, suggests new report
The report highlights extreme factory heat reaching 39°C, causing exhaustion and fainting on production lines.