Singapore Airlines swings to profit as passenger traffic improves
Singapore Airlines (SIA) swung to a first-quarter net profit of S$370 million, it said on Thursday (Jul 28), after a fourteen-fold increase in passenger traffic year on year thanks to an easing of COVID-19 travel restrictions.
The airline has been ramping up capacity from its Singapore hub and expects to reach about 81 per cent of pre-pandemic levels by the end of December, up from 61 per cent in the June quarter.
"Travel demand is expected to remain robust in the near term as we head into the year-end holiday travel period, with forward sales staying buoyant for the next three months up to October 2022," SIA said in a statement.
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*SCAPE unveils new space and concept aimed at youth development
Youth-hangout spot *SCAPE has unveiled plans to rejuvenate itself into a space for youth development that appeals to all ages.*SCAPE said in a news release on Wednesday (Jul 27) that the new *SCAPE will serve as a hub where youth can "pilot new ideas, express their creativity and explore their interests in the creative, digital and technology, and sustainability sectors".
The new concept is set to be completed in early 2024. The new *SCAPE will be rezoned into three key zones across five levels. One zone will serve as a space for youth entrepreneurs to gather and share ideas, while the other will allow the youth community to express themselves through various forms in the creative economy. The third zone comprises of a digital and physical space for creatives and content creators to collaborate.
During the year-long revamp, *SCAPE said it will continue to host programmes like the National Youth Film Awards, Music Day Out! and Creative Fellowship to support youth in harnessing their creativity.
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Team Singapore will take part at the Commonwealth Games
The Birmingham 2022 Commonwealth Games will officially open on Thursday (Jul 28), with Singapore represented by a contingent of 67 athletes in nine sports.
At the last edition of the Games in Gold Coast in 2018, Team Singapore clinched a total of nine medals, including five gold medals.
Here are some of Team Singapore's athletes you should keep an eye out for over the next two weeks of the Games: Teong Tzen Wei is ф 24-year-old swimmer smashed two Southeast Asian Games records at the 31st SEA Games in May; Loh Kean Yew – crowned badminton world champion; Shanti Pereira – Singapore's sprint queen is another athlete on a strong run of form, who powered to victory in the 200m final at the 31st SEA Games; Toh Wei Soong – para-swimmer, who clinched a bronze at the 2018 Games; Feng Tianwei –Singapore's most successful table tennis player.
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Free AI training programme aims to prepare 15,000 students for STEM careers
A free programme designed to help students gain literacy and proficiency in artificial intelligence (AI) was launched on Wednesday (Jul 27) by AI Singapore (AISG).
The three-year AI Student Outreach Programme has beginner, intermediate and advanced levels, and participants will be able to complete them through self-paced online learning
Through multi-level, self-directed online training, participants will receive industry-recognised certifications, AISG said in a statement.They will also have the opportunity to work on real-world projects with AI engineers through an internship programme.
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TCOMS opens ocean basin facility to strengthen research and development capabilities for future ocean systems and solutions
Singapore’s first ocean basin facility officially opened on 26 July 2022 at the Technology Centre for Offshore and Marine, Singapore (TCOMS). The ocean basin allows for simulations of real-world operating environments in deep, intermediate, and shallow waters.
This capability allows the facility to co-create, stress test and validate solutions as well as novel concepts of future ocean systems and infrastructure, with industry partners.
Launched in 2016, TCOMS is a national Research and Development (R&D) centre dedicated to the Marine & Offshore Engineering, Maritime and other ocean-related industries. It is a joint venture between the Agency for Science, Technology and Research (A*STAR) and the National University of Singapore (NUS), supported by the Singapore Economic Development Board (EDB) and the Maritime & Port Authority of Singapore (MPA).
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