
Vietnam Airlines signs $1.5 billion funding deal with ING
HANOI :Vietnam Airlines said on Wednesday it has signed a non-binding funding agreement of up to $1.5 billion with ING to support plans to accelerate the expansion of its international flight network.
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CNA
3 hours ago
- CNA
Polish President Andrzej Duda on first state visit to Singapore in over 20 years
Singapore and Poland have discussed the significant potential growth in bilateral ties across a variety of sectors. Mr Andrzej Duda is the first Polish president to visit Singapore in over 20 years. Singapore President Tharman Shanmugaratnam received him at Parliament House, where he inspected a guard of honour contingent. Both presidents also encouraged businesses to explore investment opportunities in each other's countries. Jeraldine Yap reports.


CNA
5 hours ago
- CNA
Air India crash: 787 Dreamliner is Boeing's flagship long-distance plane
PARIS: The Boeing 787 Dreamliner that crashed in India on Thursday (Jun 12) is the pride of the US company's catalogue for long-distance planes: A fuel-efficient, wide-body aircraft able to transport up to 330 people. LIGHTWEIGHT After first entering service in October 2011, with Japan's All Nippon Airways, 2,598 of the planes have been ordered by more than 80 airlines around the world, with 889 still awaiting delivery. Its appeal is its lightweight structure, half of which is made from composite materials, allowing it to burn up to 20 per cent less fuel over long distances than older, equivalent-sized passenger planes. It can be used for "point-to-point" services, meaning it can fly direct to a destination instead of relying on a "hub" system used by heavier aircraft. Boeing says the use of the 787 has opened up 180 such "point-to-point" routes, more than the 80 initially banked upon. THREE VERSIONS There are currently three versions of the 787: The 787-8, which can carry up to 248 passengers over distances up to 13,530km; the 787-9, carrying up to 296 passengers up to 14,010km; and the 787-10, with up to 330 passengers, up to 11,910km. The one that went down in Ahmedabad, India, on Thursday was the 787-8 version, carrying 242 passengers and crew. It was scheduled to fly to London, but crashed shortly after taking off from the western Indian city. Boeing said it was "aware" of the reports of the crash and was "working to gather more information". It was the first deadly crash of a 787 Dreamliner. BOEING SETBACKS Boeing's programme for the plane had suffered several setbacks, including repeated and costly delivery suspensions between 2021 and 2023, mainly due to assembly faults and manufacturing quality issues. The US Federal Aviation Administration ended up reinforcing quality assurance checks and inspections on the production lines. In April this year, the FAA authorised Boeing to step up its production pace to make seven planes a month, from five previously. In terms of sales, Boeing is facing headwinds. The manufacturer did not deliver any aircraft to China in May, despite having a green light from Beijing, which the month before had temporarily barred Chinese airlines from dealing with the company because of the trade war unleashed by Washington.


Independent Singapore
7 hours ago
- Independent Singapore
$1.5K a month and drowning': 27-year-old creative worker shares fears about the future
SINGAPORE: A 27-year-old woman has opened up about her growing fears for the future, sharing that despite working for five years, she still feels like she hasn't made any meaningful progress in life. Posting on r/askSingapore on Wednesday (June 11), she said she spent three years in a sales role before switching to the creative industry to pursue her passion. 'I took on the first stable income job so that I could stop relying on my partner and parents, but the take-home pay is super low… around S$1,500,' she wrote. While things initially looked promising, she shared that her situation began to worsen over time. She became increasingly self-conscious about how others might perceive her career choices. 'I feel pressured by the judgment of others. [I know] it's all in my head, but at the same time, it is so real,' she wrote. 'I even broke down from all the stress about two months ago. And now I feel so lost and depressed every single day.' She also revealed that she has accumulated a significant amount of debt, although she didn't go into detail about the cause. 'I'm so so so scared, and so lost. I know I have so much to be grateful for, and I do try to practise gratitude every single day, but all I can think about are worst-case scenarios of my life,' she continued. 'I'm scared of wasting it away, and I don't want to be like one of those aunties or uncles who still have to work in their 60s because they have no choice.' Ending her post, she said, 'If you have any advice or kind words, please share them with me.' 'Try to be kinder to yourself.' In the thread, a user noted that her take-home pay of S$1,500 is rather low and recommended that she explore other job options. 'Not sure what exactly it is you do, but maybe you can also try freelancing on the side? Try tapping into old contacts as well since you were previously in sales. It might seem all doom and gloom right now, but have faith that this is the lowest point in your life and you'll only go up from here!' they wrote. Another cheered her up, saying, 'Yes it sucks to be in a position where you're starting at the bottom, but work your way up. Gain more useful skills and find better jobs. Perhaps leverage your creative side more and find freelancing gigs – build up your portfolio and then get higher-paying gigs. Sometimes takes time. Being in debt sucks so work on it. And try to be kinder to yourself. It'll help with your mental stress. You've got this.' Meanwhile, a third user encouraged her to channel her emotions through writing. 'Since you write quite well, put your thoughts, concerns and aspirations in a personal journal. Learn to live one day at a time, and tackle issues one at a time. Focus on self-care and rediscover the little joys in your life. Slow and steady, things will get better each day. Take care.' Clearly touched by the support, the original poster replied, 'Thank you for all the kind words and advice, everyone. I have always thought that Singaporeans were mostly cold-hearted, but this comment thread made me tear up and realise how beautiful people can be. Thank you all from the bottom of my heart.' In other news, a man recently expressed his frustration on Reddit about the limited housing options available to singles under the age of 35, questioning whether current policies are inadvertently pressuring individuals into relationships to qualify for public housing. Posting on the r/askSingapore forum, he described the situation as 'pathetic and sad,' noting that unless someone has the financial means to rent or purchase private property, continuing to live with family is often the only option. This, he argued, can be particularly distressing for those in toxic or unstable home environments. Read more: Man describes the lack of housing options for singles under 35 in Singapore as 'pathetic and sad' Featured image by Depositphotos (for illustration purposes only)