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Financial assistance from the Government of Singapore. The $15 billion cash which is now accessible to Singapore Airlines (SIA) is a valuable lifeline that comes at a time when the carrier group is facing an unprecedented, existential threat. Yes, it is a sad and unfortunate place to be in for the most admired and awarded …
HOOQ Digital, a joint-venture company in which Singtel has an indirect 76.5 per cent effective interest, has commenced a creditors’ voluntary liquidation. A shareholder meeting as well as a creditor meeting will take place on Apr 13, the video-on-demand streaming service provider said in a media statement on Friday afternoon. Hooq has appointed Messrs Lim …