Indonesia GDP growth beats forecast in Q2, fastest in a year

JAKARTA: Indonesia’s economic growth accelerated in the April to June quarter amid an foreign trade boom driven simply by rising commodity costs, official data showed on Friday (Aug 5), but monetary tightening, rising inflation and a global economic downturn risk threaten the outlook. Second-quarter gross domestic product (GDP) had beenContinue Reading

SIA, Scoot cancel flights over ‘evolving airspace restrictions’ amid Chinese military exercises near Taiwan

SINGAPORE: Singapore Airlines and its budget arm Scoot possess cancelled flights  to and from Taiwan due to the “evolving airspace restrictions” amid  Chinese military live-fire exercises around Taiwan ,   the national provider said on Fri (Aug 5). In response to CNA’s queries, SIA declared that flights  SQ878 and  SQ879Continue Reading