8.7.4
Direct Business must be reported through the married trade reporting system of the Trading System under Rule 8.7.5.
I need to be educated on this.How did Reuters or Bloomberg know about this? And why would JP Morgan make it a public news? Very curious.
Actually, people tend to focus on the bad news but every sale has a buyer and what if the buyer who is not known is warren buffet? Anyway, just some due diligence before i decide to plonk in more money if it goes down further.
Comparing the 767 (old model ) vs 787(new model), indeed, SIA engineering, like Comfortdelgro, Singpost, SPH is facing the disruption due to new technologies. Using the above comparision, if every old plane is replaced with a new one and assuming the total number of planes serviced does not increase, SIA engineering will be facing with a 65% reduction in total man-hours.
We are indeed entering a new era of technology disrupting our lifes!
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