Middle East and North Africa (MENA)

Covid-19

Asia-Pacific worst-hit as Covid-19 decimates the travel industry

Global tourist arrivals could decline by up to 80% y-o-y in 2020 and 25 million jobs could be lost in aviation-related sectors.

Results

Hyflux’s 2Q earnings down 90% to $2.6 mil on absence of divestment gains

SINGAPORE (Aug 4): Water company Hyflux posted a 90% fall in 2Q earnings to $2.6 million from $26 million a year ago. The higher PATMI in 2Q15 was driven by divestment activities.
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