More Singaporeans embrace solo travel, with millennials leading the way

More Singaporeans embrace solo travel, with millennials leading the way

SINGAPORE: Solo travel is quickly becoming a mainstream preference among Singaporeans, especially the younger generation, according to a recent survey commissioned by budget airline Scoot and conducted by YouGov. The survey, which polled over 5,000 people across five Asia Pacific countries, found that nearly 79 per cent of Singaporean respondents had gone on solo trips […]

Hang Seng says it is ‘covered’ against bad loans amid property slump

Hang Seng says it is ‘covered’ against bad loans amid property slump

Hang Seng Bank remains financially healthy, as the extra provisions and collateral provided by borrowers are sufficient to withstand the continued increase in non-performing loans (NPLs) at the HSBC unit, according to its CEO. “The amount of collaterals and provisions for NPLs has exceeded 100 per cent,” executive director and CEO Diana Cesar said in the bank’s interim results announcement on Wednesday. “Based on what we know now and what we can see coming, we think the extra provisions and...