Abstracts » Business, international

No frills, smaller bills

Article Abstract:

Airlines in Malaysia, Singapore, and Australia are either forming or looking to expand services. These airlines are planning to keep ticket prices as low as possible by offering no frills service, hiring nonunion pilots, using only one type of aircraft (the Boeing 737 or the Airbus A-320), etc. AirAsia and Virgin Blue are two such examples.

Australia, Commodity & service prices, Asia, Services information, Malaysia, Industry Overview, Services, Prices and rates, Airlines, Air fares, Virgin Blue Airlines Proprietary Ltd., Company pricing policy, AirAsia Sdn. Bhd.

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Singapore's housing glut

Article Abstract:

HSBC reported that residential property prices (apartment buildings) in Singapore have continued declining since the Asian financial crisis. This has meant a decline in value of property. At present, the industry has about 2 years of capacity unused.

Capacity, Usage, Apartment houses, Apartment buildings, Industry forecasts

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Parting advice

Article Abstract:

Premier Goh Chok Tong is expected to sign into law some economic policies that will be painful, but not as painful as some had expected. His goal is to leave office with Singapore's economy strong.

Government expenditures, Economics, Research and Development in the Social Sciences and Humanities, Forecasts and trends, Economic policy, Market trend/market analysis, Goh Chok Tong

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