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BUSINESS

Asian trade subdued as economic outlook weakens

Business, Published on 13/05/2023

» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.

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BUSINESS

Something to celebrate

Asia focus, Ismira Lutfia Tisnadibrata, Published on 17/02/2020

» The Indonesian government has added another cultural event of its ethnic Chinese community to its official list of top attractions in a bid to lure more domestic and international tourists.

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BUSINESS

Aeroflot cancels order for 22 Boeing 787 Dreamliners

Business, Published on 11/10/2019

» SEATTLE/PARIS: Boeing Co faced additional uncertainty on Wednesday over future production rates for its 787 Dreamliner after Russian carrier Aeroflot formally cancelled an order for 22 aircraft valued at about $5.5 billion at list prices.

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BUSINESS

Flight test

Asia focus, Erich Parpart, Published on 22/07/2019

» Carsten Spohr was named Manager of the Year in 2017 by Manager Magazin in Germany when Lufthansa's profit hit a record high and its share price jumped 150%. Two years later, he finds his skills being tested to the limit after issuing a second profit warning in six months. While the airline is on track for an operating profit of 2 billion euros this year, it is 25% below analysts' forecasts.

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BUSINESS

Year of turbulence

Asia focus, Published on 31/12/2018

» Two unpredictable men with weird haircuts and access to nuclear weapons had a friendly chat in Singapore -- and that was just one of the many noteworthy stories of 2018. Elsewhere in Asia, we witnessed some surprising political developments (Malaysia) and not-so-surprising ones (Cambodia), along with what seemed to be a disturbingly high number of natural disasters. Many see the latter as a manifestation of the growing impact of climate change, and it's a debate that is bound to intensify in the year ahead. Below, Asia Focus looks back on the eventful year now ending.

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BUSINESS

New THAI boss envisions turnaround

Business, Chatrudee Theparat, Published on 09/10/2018

» Sumeth Damrongchaitham, 53, was officially appointed last month as president of Thai Airways International Plc (THAI).

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BUSINESS

Kanit: Boeing deal for EEC imminent

Business, Lamonphet Apisitniran, Published on 13/11/2017

» Talks with Boeing Co about its plan to invest in an aviation training centre for the Asean region in the Eastern Economic Corridor are expected to conclude this month, according to EEC Office secretary general Kanit Sangsubhan.

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BUSINESS

Chiang Rai to see three new Chinese airlines

Business, Boonsong Kositchotethana, Published on 04/07/2017

» Three additional carriers, all focusing on ferrying Chinese tourists to Thailand, are set to descend on Chiang Rai airport this month.

BUSINESS

Year in Review

Asia focus, Published on 29/12/2014

» Asia rose to new heights in 2014 despite the many challenges that beset the region. Headline-making developments ranged from China dethroning the United States as the world's largest economy, subject to vigorous debate as that may be, to the tragic mystery of Malaysia Airlines Flight MH370.