Asean summits kick off today
A new round of Asean summits will begin today in Vientiane, Laos, where the leaders of all 10 Asean member countries will discuss a range of initiatives, including cooperating closely during disasters as well as further strengthening their economic and social links. Prime Minister Lee Hsien Loong will attend the meetings from today till Thursday, the Prime Minister's Office said yesterday.
Cabin training for ITE students
An agreement that will be signed today will see the setting up of a learning facility that will give Institute of Technical Education students realistic cabin training to develop their customer service and operational skills. The Scoot-Tigerair Service Skills Centre will have a specially built mock-up cabin, galley and lavatory that replicate those of an actual aircraft. The five-year agreement will be signed by ITE with Scoot and Tigerair.
Australia expected to hold rates steady
Australia's central bank is overwhelmingly expected to keep interest rates steady today following upbeat job and sales data and better predictions for economic growth.
The Reserve Bank of Australia is likely to pause and watch the easings of May and last month percolate through the economy before deciding if yet more stimulus is needed.
This will be governor Glenn Stevens' last policy meeting before he retires this month.