Firms can't let up on upgrading during downturn: ESG
Singapore
EVEN with a deadly disease from Wuhan casting a pall over the aviation sector, Chris Pok, chief executive of Singapore Airlines' KrisShop retail arm, is counting his lucky stars.
That's because the national carrier has doubled down on e-commerce efforts since joint venture KrisShop was launched in late 2018, he said, calling online shopping "a new sales channel" for an airline business that had hitherto focused on in-flight sales.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Chinese firms are investing abroad at fastest pace in eight years
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1