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  • THAILAND

    China to buy 100 A320 planes

    Bloomberg News, Published on 06/11/2014

    » Airbus Group won a pledge from China Aircraft Leasing Group Holdings (CALC) for the purchase of 100 planes valued at US$10.2 billion as the Chinese lessor seeks assets to power expansion in its home region.

  • WORLD

    Europe tightens curbs with economic toll worsening: Virus update

    Published on 17/03/2020

    » Governments in Europe tightened curbs on free movement to stem the outbreak and are exploring ways to ease the financial impact. US Treasury Secretary Steven Mnuchin is rallying Senate Republicans to quickly pass the House package of economic measures. Goldman Sachs Group now expects China’s economy to contract by 9% in the first quarter and Hong Kong’s jobless rate rose to a nine-year high. The Philippines became the first country to shut its markets in response to the widening coronavirus outbreak and some regulators in Europe banned short selling. US equity futures and European stocks reversed gains.

  • BUSINESS

    Even as demand softens, China jet market is crucial

    Asia focus, Wanant Kerdchuen, Published on 25/04/2016

    » The growing number of Asian business moguls, especially in China, has made the region a promising new frontier for business jet makers. Greater China alone is the third largest market in a forecast by Bombardier, with 876 future deliveries worth US$33 billion, compared with the country's fleet of 300 at the end of last year.

  • BUSINESS

    China Accelerates Robotics Push as Workforce Shrinks

    Business, Published on 20/09/2022

    » China installed almost as many robots in its factories last year as the rest of the world, accelerating a rush to automate and consolidate its manufacturing dominance even as its working-age population shrinks.

  • BUSINESS

    Picture of health

    Asia focus, Erich Parpart, Published on 08/10/2018

    » Elisabeth Staudinger has no background in healthcare or engineering, but she can accurately and thoroughly describe the functions of highly sophisticated medical machinery with ease. The president of Siemens Healthineers-Asia Pacific is also an enthusiastic learner when comes to the latest advances in healthcare, which continue to astound her.

  • BUSINESS

    Lamborghini races toward revival in Thai market

    Asia focus, Erich Parpart, Published on 04/02/2019

    » The Italian luxury automobile maker Lamborghini expects a rapid recovery in Thailand with a new partnership, a new facility and a new model, while global sales continue to rise despite economic concerns.

  • BUSINESS

    Recipe for success

    Asia focus, Tanyatorn Tongwaranan, Published on 04/06/2018

    » Douglas Martell learned early in life that life can take unexpected twists and the path taken isn't always strewn with flower petals. But the president and CEO of the Thailand-based hotel management company Onyx Hospitality Group has never let setbacks keep him from having big dreams.

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