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BUSINESSOct 2AirAsia chief mocks Singapore Airlines’ food – and social media hits backAirAsia co-founder Tony Fernandes has caused a stir online after taking aim at Singapore Airlines’ (SIA) in-flight meals, claiming the food served by the carrier lagged behind his own airline’s offerings. “Just flew with Singapore Airlines, couldn’t get AirAsia, service was great, internet amazing, food was poor, Santan is far far better and crew admitted. Great flight but we are not far off,” Fernandes wrote in a social media post on Thursday, referring to AirAsia’s in-flight dining brand. The...South China Morning Post
SCI & TECHOct 2David vs Goliaths: Singapore builds most accurate clock ever, leaves US and China in dustA small Singaporean research team has beaten scientists in China and the United States to build the world’s most accurate atomic clock. The clock, built with a single ion of a rare earth metal element known as lutetium, is so precise that it would lose one second every 260 billion years – nearly 20 times the age of our universe. It is about four times as accurate as the previous record holder, a calcium-ion clock developed by a Chinese Academy of Sciences team in Wuhan, and also surpasses an...South China Morning Post
BUSINESSOct 2Hong Kong ranks 7th globally in drawing next wealthy class – trailing Singapore: studyHong Kong ranked seventh globally as a destination for attracting and retaining the next generation of high-net-worth individuals (HNWIs), trailing traditional rival Singapore in sixth place, according to a Savills study. The two top finance hubs in the Asia-Pacific region have been stepping up efforts to strengthen their positions as regional wealth-management hubs amid an unprecedented global transfer of wealth between generations. “Hong Kong offers many incentives similar to Singapore,”...South China Morning Post
BUSINESSOct 2Hardly any buyers for Singapore luxury condos seized in money-laundering caseThe first apartment came up for auction and nobody moved. More than 60 people crowded into a room in Singapore to watch seven properties seized in one of the world’s biggest money-laundering cases go under the hammer. Their opening prices totalled more than S$43 million (US$33.6 million). But when bidding began for a luxury unit at Gramercy Park, an upscale condominium near the city state’s Orchard Road shopping district, not a single hand went up. Next came a 2,658 sq ft (247 square metres)...South China Morning Post