Daily Briefing: Singapore boards are killing value; Is SG Asia’s top financial centre?

And SIA’s India unit takes share.

Four months ago, Singapore Post was an attractive e-commerce logistics company with Alibaba as its second-largest shareholder. The Chinese Internet giant is still around, but SingPost is starting to look like what it was before the online retail revolution: A dead letter office for shareholder value. Read more here.

Singapore has edged Hong Kong to emerge as Asia's top financial center and the third most important venue for financiers around the world, according to the latest Global Financial Centres Index (GFCI) rankings released earlier this week. Read more here.

In India, where air travelers often prioritize cost over frills, the Vistara unit of Singapore Airlines Ltd. and Tata Sons Ltd. was struggling so much to fill seats that it offered some free tickets to avoid flying empty planes. A year later, and passengers have warmed up to the inflight movies, meal options and new business-class lounge in New Delhi, filling up three of every four seats on its aircraft. Find out more here.

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