NEWS 1 is Sample question and answer as references, while NEWS 2 is the question to be answered.

NEWS 1

HK Express flight in crisis landing

Top News | James Lee 4 Jan 2023 A flight tracker monitors Flight UO600's movement. James Lee An HK Express flight carrying 139 passengers to Fukuoka, Japan, had to turn back and make an emergency landing at the Hong Kong International Airport due to a loss of cabin pressure yesterday. Flight UO600 took off from the airport at 7.40am, made a U-turn and landed safely at 9.32am, with no injuries reported among passengers. It is understood the captain requested authorities to stand by for an emergency. Many engines of the Fire Services Department and ambulances were mobilized. A spokesman for the budget carrier confirmed the flight returned and landed at the Chek Lap Kok airport after reports of abnormal cabin pressure. "A total of 139 passengers and seven crew were on board. All have left the aircraft safely through normal disembarkation," the spokesman said. A replacement aircraft had been arranged to operate another service for affected passengers to Fukuoka with a new operating crew. Flight tracker data showed that the aircraft descended from more than 35,000 feet above the South China Sea to only about 8,000 feet before falling off the radar 40 minutes after takeoff. The plane sent an emergency "squawk" code to the nearest air traffic control station in Taipei, and the flight reappeared on the tracker soon after, indicating that it was headed back to Hong Kong for landing. The replacement flight, UO600 - the same flight number as yesterday morning's flight - left Hong Kong at 11.24am and landed in Fukuoka. The carrier said it will conduct an investigation into the incident. "HK Express has immediately reported the incident to the authorities, and will conduct an investigation into the cause of the incident. A detailed investigation report will be submitted to the authorities," the spokesman said. cjames.lee@singtaonewscorp.com

1) a concise summary of the facts of the issue reported in the news item; HK Express flight scheduled to fly to Fukuoka, Japan had to make a U-turn emergency landing due to a loss of cabin pressure on 3 January 2023. (27 words)

2) a brief statement of the Corporate Administration issue(s) that the news item relates;

Globally airline performance has been variable with poor performance undermining the confidence of travelers, investors, Governments and other stakeholders. Airline corporate governance is a key determinant of airline performance. (29 words)

3) whether the issue(s) in the news item is/are an update of present rules/regulations/practices of Corporate Administration? If yes, please explain the change(s);

There is much to be said for customer service in all industries today. Whether the business is based upon product or service there is always the importance of fast response in relation to quality relationships with your customers. No matter whether you sell a product, such as boats or boating products, or if you offer a service to the locals in your town, there is much for all customers to appreciate in the speedy service you may offer when they are in need. There are so many ways to express to your customers that quality is of your biggest concern, and one way is always with the fast response to their requests via customer service or additional service needs more specific to maintaining products. There is nothing better than the quality and speed of your service adding to the impression placed upon customers, and then spread by word of mouth (or online community) to other potential leads and eventual customers. HK Express completed the investigation into the incident and could give a clear explanation of it on the next day.

4) an analysis on how the issue(s) in the news item is/are related to the job of a Corporate Administrator or furtherance of corporate governance in an organization; A corporate administrator coordinates office activities and operations to secure efficiency and compliance to company policies.

5) the key takeaway and what is the advice you would give to an employer.

Speedy response in the customer service or CRM departments consistently remind existing customers that they are the most important piece of your business, and that they will remain that way. Maintaining a fast response service department within your business, for products that are sold, also tells customers that you promise quality, and that you will maintain the quality of your products and services offered as quickly as possible.

Total word count: 320 words

The question to be answered: NEW 2

Sources from ALJAZEERA

Saudi National Bank appoints chairman after Credit Suisse loss

Decision made nearly two weeks after former chairman Ammar Al Khudairy said the kingdoms biggest bank by assets would not buy more shares in Credit Suisse on regulatory grounds.

In the Saudi banking industry, the largest bank by assets is Saudi National Bank, which has suffered a more than $1bn loss since investing in Credit Suisse [File: Ahmed Yosri/Reuters]

27 MAR 2023

Saudi National Bank, the largest shareholder in Credit Suisse before the banks rescue this month, named a new chairman after the lender suffered significant losses on its investment.

CEO Saeed Mohammed Al Ghamdi will take over as the new chairman from Ammar Al Khudairy, who resigned for personal reasons, the bank said on Monday. Deputy CEO Talal Ahmed Al Khereiji takes over as acting chief executive, a bourse statement said.

All changes are effective on Monday and come nearly two weeks after Al Khudairy said the kingdoms biggest bank by assets would not buy more shares in the Swiss financial institution on regulatory grounds.

The remarks were seen as a trigger to a further sell-off in Credit Suisses shares and intensified a crisis of confidence in the lender that had already seen clients pull out more than $110bn in the last three months of 2022.

Combined with global jitters in the banking sector and an already weakened share price, Al Khudairys comments contributed to Credit Suisse losing a fifth of its value, which eventually forced it into a takeover by its domestic rival UBS for $3.2bn.

Saudi National Bank, which acquired almost 9.9 percent of Credit Suisse for 5.5 billion riyals ($1.46bn) in November, has itself lost more than $26bn in market value since October 27 after committing to the investment.

By last week, it was sitting on a loss of more than $1bn but said on March 20 that the drop in its investments value had no impact on its growth plans and would not affect profitability.

Al Khudairy also said this month that the bank was not looking at any international acquisitions now and instead was focused on its Saudi business.

Questions:

1. a concise summary of the facts of the issue reported in the news item.

2. a brief statement of the Corporate Administration issue(s) that the news

item relates

3. whether the issue(s) in the news item is/are an update of present

rules/regulations/practices of Corporate Administration? If yes, please

explain the change(s)

4. an analysis on how the issue(s) in the news item is/are related to the job of a Corporate Administrator or furtherance of corporate governance in an organization

5. the key takeaway and what is the advice you would give to an employer