Vietnam Airlines signs JV deal with ST Engineering for MRO services
The joint venture will operate in Vietnam Airlines’ facilities in Hanoi and Ho Chi Minh City airports...
Category : Featured
2019: Tech investment slumps 36% in Southeast Asia
Tech investment in 2019 in Southeast Asia stood at $7.7 bn...
Qatar Airways mulls buying 49% stake in RwandaAir
The carrier also wants to double its interest in LATAM Airlines Group to 20%...
L&T to develop freight handling facility in the UAE
L&T and Chinese contractor Power China wins a $500 mn contract from Etihad Rail Company...
Drone specialist Aerodyne receives funding to expand in SE Asia
The Malaysia based company raises funds from North Summit Capital, Arc Ventures and Leave a Nest...
Etihad’s revamp push sees the carrier sell 38 aircraft for $1 bn
The carrier will sell 22 Airbus A330s and 16 Boeing 777-300ERs to investment firm KKR and leasing firm Altavair AirFinance...
DP World handles 71.25 mn teu containers globally in 2019
The port operator handles volumes of 31.76 mn teu for APAC, 30.04 mn teu for Europe, MEA, and 9.45 mn teu for Americas and Australia...
American insurance firms invest RM31 bn in Malaysia
36% of the investments went into government bonds, 19% into infrastructure, and 7% into stocks...
Petrobras and Chevron to sell 100% stake in the Papa-Terra oilfield
Petrobras owns 62.5% of the oilfield and Chevron holds the remain 37.5%...
Deposits in Saudi Arabian banks increase by 7.3% in 2019
Savings and term deposits increase by 13.2% year-on-year in 2019 to SR 501.67 bn...