
Money Mind 2025/2026 - Safe Haven Alternatives?
As gold continues to hit new highs, are there alternative safe havens for your money? Why young people in India are buying digital gold. Plus, putting a new shine on old gold by melting it down.
Money Mind 2025/2026
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Money Mind tells you how to make the most of your money with tips for investors, business ideas for businessmen and analysis of the economy, companies, markets, financial products and trends.
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CNA
43 minutes ago
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Indian cricket bat industry set to benefit from free trade agreement
India's new free trade agreement with the United Kingdom is expected to boost trade by 34 billion dollars a year. One lesser-known beneficiary is India's multi-million dollar cricket bat industry, which relies on a crucial import - the English willow. With prices set to drop, Indian bat makers tell CNA's Ishan Garg what it means for business.


Independent Singapore
3 hours ago
- Independent Singapore
Singapore Airlines Group passenger numbers rose 9.7% to 3.54M in July 2025
Photo: Depositphotos/Wirestock SINGAPORE: Passenger numbers for the Singapore Airlines (SIA) Group rose 9.7% in July 2025 compared to the same month last year, flying a total of 3.54 million travellers. Singapore Business Review reported that the Group's passenger load factor (PLF), which is the percentage of available seating capacity filled with passengers, reached 88.5%. This was 2.9 percentage points higher than a year ago. Passenger traffic, tracked in revenue passenger-kilometres, grew 6.2%, while capacity in available seat-kilometres expanded 2.8%. Singapore Airlines recorded a passenger load factor of 87.4%, while its budget arm, Scoot, filled 92.2% of seats. The Group's budget carrier also outpaced its parent airline in passenger growth, flying 1.23 million passengers in July, up 13.2% year-on-year, while Singapore Airlines grew 8.0% with 2.31 million passengers. Scoot's highest load factor was on its 'Rest of the World' routes, reaching 94.6%, while Singapore Airlines' strongest performance came from the Southwest Pacific region, where flights filled to 93.4%. Cargo loads increased 2.1%, but capacity grew slightly faster at 2.7%. As a result, the cargo load factor slipped by 0.3 percentage points to 57.1%. Europe recorded the steepest drop in cargo efficiency, falling 7.3 points compared to the same period last year. /TISG Read also: SIA and Garuda Indonesia deepen partnership with more flights, miles, and lounge access for travellers this August 2025 Featured image by Depositphotos () => { const trigger = if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { => { if ( { lazyLoader(); // You should define lazyLoader() elsewhere or inline here // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); } else { // Fallback setTimeout(lazyLoader, 3000); } });


Independent Singapore
7 hours ago
- Independent Singapore
‘Is this a red flag?' — Man shocked after learning company he applied to expects employees to be ‘on standby even when on leave'
SINGAPORE: A man was stumped when he learned that one of the companies he applied to expects all their employees to 'be on standby even when on leave.' He shared his disbelief in a Reddit post on Friday (Aug 15), explaining that when the HR representative called to discuss the 'container operations role' he had applied for, he was told the role would require him to be on standby '24/7, 365 days a year, even while on medical, annual, or childcare leave.' The man said that after hearing about the unusual policy, he asked the HR representative, 'What is the point of being on leave if you are still expected to work when needed?' to which the HR reportedly responded, 'It's expected by the company, and that is how it is.' He then contrasted this with his current job at a small-to-medium enterprise (SME). 'I am currently in a similar position in an SME, which respects my leave, and my colleague will cover for me when I am on leave — which I then cover for him when he goes on leave,' he wrote. 'Yet this MNC, with thousands of employees globally, can't or does not wish to do so. It just leaves a bad taste in my mouth that they think it is OK. It's just a basic expectation to have a work-free period during leave.' Though the man didn't mention the name of the company, he hinted that this is 'one of the largest shipping companies in the world.' Seeking advice from other forum members, he asked if this policy was indeed a 'red flag.' 'Shipping industry is like that.' Convinced he would have a rough time at the company, some users urged the man to reject the role. One said, 'Red flag. If they're one of the largest shipping container companies in the world, they should be able to sort it out without reaching to people on AL. They have thousands of employees, and the success of the business doesn't rest on one person.' Another added, 'Epic red flag, just reject.' Others, however, told the man that many companies in the shipping industry operate this way. One user shared, 'Shipping industry is like that. I don't do containers, but my shipping ops is also expected to take calls 24/7 unless they are big enough to have cover from another overseas office. Most of the time, no one will call you unless there is a major issue la. I take calls on leave all the time, even when I am travelling overseas.' Another commented, 'I heard shipping industry is like this, expected to be on standby 24hrs. But in return, they are paid very well. I have heard of 1-year bonuses. So if you're gonna take up such a job, make sure you are handsomely rewarded.' A few users also advised the man to 'gather more details about the role' before deciding to reject it. One wrote, 'You should ask more questions regarding it pertaining to your role, like what kind of standby are we talking about (need to answer call/ or need to be physically present). In the past few years, how often has it been necessary for someone in your same role. Ask for real-life examples of such cases, etc.' In other news, a 28-year-old local has confessed on social media that he is on the verge of giving up on his career in UI/UX design after more than a year of job hunting. Posting on Reddit's singaporefi forum on Wednesday (Aug 13), he explained that, aside from the fact that the industry feels 'completely saturated,' most companies seem to be hiring only for senior roles that demand years of experience—positions that, in his view, 'no one can realistically fulfil.' Read more: 'I'm exhausted': Local UI/UX designer on the brink of giving up after a year-long job hunt