By Boo Kok Chuon Air India is reportedly asking its two shareholders, Tata Sons and Singapore Airlines (“SIA”), for approximately US$1.5 billion in fresh equity.[1] The headline number is eye-catching. Air India and its budget subsidiary Air India Express reportedly suffered combined losses of approximately US$2.33 billion in the financial year ended March 2026. Reuters
READ MOREBy Boo Kok Chuon Over the past few days, the incident at a Roxy Square food court involving 73-year-old wanton noodle seller Yeo Song Khoon has attracted considerable public attention. CCTV footage showed Mr Yeo briefly patting a young girl on the head before he was subsequently shoved to the ground by the girl’s father.
READ MOREBy Boo Kok Chuon I read with interest The Straits Times article, “My second crib: They own homes in Singapore. So why are they renting abroad?“ The appeal is immediately obvious because one couple rents out a 68 sq m flat in Admiralty for $3,200 while renting a 250 sq m landed home in Malaysia
READ MOREBy Boo Kok Chuon The recent sentencing appeal involving former actor Edmund Chen attracted considerable public attention. Unsurprisingly, most of the discussion centred on whether five days’ imprisonment was too lenient, and whether the High Court was right to cut it down to one day. Public discourse naturally gravitates towards outcomes. Legal minds, however, tend
READ MOREStarting July 1, 2025, Singapore will implement significant updates to its Work Permit and S Pass policies. These changes are designed to offer employers greater flexibility in managing their foreign workforce and provide opportunities for long-term employment for foreign workers. At Iconomy Corporate, we are closely following these developments to help businesses navigate the updated
The Accounting and Corporate Regulatory Authority (ACRA) has announced an extension of its waiver on late filing penalties for BizFile+ users encountering technical difficulties while using the revamped BizFile+ portal. This initiative underscores ACRA’s commitment to supporting businesses during the transition to the upgraded platform, ensuring seamless regulatory compliance for companies and service providers. Overview
By Boo Kok Chuon Air India is reportedly asking its two shareholders, Tata Sons and Singapore Airlines (“SIA”), for approximately US$1.5 billion in fresh equity.[1] The headline number is eye-catching. Air India and its budget subsidiary Air India Express reportedly suffered combined losses of approximately US$2.33 billion in the financial year ended March 2026. Reuters
By Boo Kok Chuon Air India is reportedly asking its two shareholders, Tata Sons and Singapore Airlines (“SIA”), for approximately US$1.5 billion in fresh equity.[1] The headline number is eye-catching. Air India and its budget subsidiary Air India Express reportedly suffered combined losses of approximately US$2.33 billion in the financial year ended March 2026. Reuters