Profits Power

Credit C - Credit Crunch happening all over? Banks it seems are careful to whom they are lending to right now. Banks especially in Europe are saving their firepower to fight a "war", an economic war. They have just released a 3 year tender to ease such crunch but will it be enough?

With the arrival of Scoot Airlines, they are recruiting staff right now. The routes have not been revealed. Competition seems to heat up in South East Asia particularly in Malaysia and Singapore, with Singapore Airlines (SIA), Qantas, AirAsia, etc. More on that later.