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02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )

Retail Asia27/02/2023

Airlines and some experts have proposed hiking and eventually removing domestic airfare caps to support businesses in difficult times. Last year, no domestic airlines were profitable because of higher fuel costs, foreign exchange rates, and interest rates, while airfare caps have been kept unchanged for eight years. On Friday, participants at a conference on supporting […]

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Retail Asia22/02/2023

Cebu Pacific is set to restore 100% of its pre-Covid network and capacity by March 2023. It now flies to 34 domestic destinations and is set to bring back all its 25 international destinations before the end of the first quarter. To support the return of domestic flights, the low-cost airline bundles fares to offer […]

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Retail Asia10/02/2023

Vietnam Airlines and Vietjet incurred losses of VND10 trillion (US$423.7 million) and VND2.17 trillion last year mainly due to higher fuel prices and forex volatility. Vietnam Airlines reported consolidated revenues of VND71 trillion, higher than the combined revenues of 2020 and 2021 but only 70% of pre-pandemic levels. Last year, its losses of VND10 trillion […]

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Retail Asia09/02/2023

Rookie carrier Vietravel Airlines wants to gradually increase its charter capital nearly sixfold to VND7.64 trillion ($323.66 million) by 2025. The airline recently made this proposal to the government after two years of operating with a charter capital of VND1.3 trillion. It owns three narrow-body Airbus A321 jets. Viettravel made this proposal to boost development […]

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Retail Asia23/01/2023

Vietnam Airlines reported a loss of VND10.09 trillion ($430.3 million) last year and blamed it on rises in fuel prices and exchange rate volatility. Its revenues were worth around VND71 trillion, equivalent to 70% of revenues in 2019 before the Covid-19 pandemic hit but higher than the combined figures of 2020 and 2021. As of […]

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Retail Asia12/01/2023

If you plan to travel to any destination in India within September 2023, we have an exciting surprise for you. If you feel like flight tickets are more expensive than your budget, you might be surprised to see the new AIX Connect prices. What is this new price and how can you get access to […]

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Retail Asia12/12/2022

Stocks of Vietnam Airlines, Vietjet and other companies in the aviation industries have surged as the resumption of flights to China amid its relaxed Covid-19 policy boosted investors’ sentiment. HVN of state-owned Vietnam Airlines closed last week at a ceiling price in its third session in the green and returned to the mid-October price range […]

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Retail Asia05/12/2022

In March, AirAsia launched a subscription service called Super+ that provides unlimited flights in Malaysia and across the ASEAN region as one of its main attractions. Fast forward to today, the service has been revamped to include long-haul flights from AirAsia X. Instead of just a single option, the AirAsia Super+ subscription service has now been divided into […]

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Retail Asia25/11/2022

After much anticipation, it’s been revealed that new Malaysian low-cost carrier MYAirline will begin flying in December 2022, with reports having confirmed approvals from the Malaysian Aviation Commission (Mavcom) and Civil Aviation Authority (CAAM) for the company to start selling tickets. Also, the airline took to its social media pages to hint at its very […]

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Retail Asia02/11/2022

Bamboo Airways posted a loss of VND3.54 trillion ($142.38 million) in the first nine months, exceeding the total loss it recorded last year by 54%. Its loss has been increasing this year, from VND691 billion in the first quarter to VND1.39 trillion in the second and almost VND1.45 trillion in the third, according to calculations […]

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Retail Asia06/10/2022

Malaysia’s MYAirline plans to begin commercial operations by the end of this year, with its CEO saying it can sell cheaper fares than domestic rival AirAsia — the region’s leading low-cost carrier. CEO Rayner Teo sees demand for low-cost air travel rising as Asia emerges from COVID pandemic restrictions. MYAirline hopes to stand out with […]

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Retail Asia15/08/2022

Bamboo Airways on Saturday appointed Nguyen Ngoc Trong who has worked for the airline since the early days of establishment as its new chairman. Trong, 65, took the new position after his predecessor Dang Tat Thang resigned as chairman and general director. Trong served as the first deputy general director of Bamboo Airways from 2018. In April […]

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Retail Asia07/06/2022

Malaysia’s AirAsia is facing a wave of complaints from customers who say they have still not been refunded for flights that were cancelled or rescheduled during the pandemic. AirAsia and its subsidiary AirAsia X (AAX), both owned by Capital A Berhad, grounded thousands of flights in 2020 and 2021 after the Malaysian government shut state […]

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Retail Asia04/04/2022

The accumulated loss of national flag carrier Vietnam Airlines climbed to VND21.98 trillion ($928.39 million) last year, roughly the same as its charter capital. The airline was hit hard by the Covid-19 pandemic that saw borders closed and commercial flights suspended for two years. It posted a loss of VND13.02 trillion last year alone, with […]

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Retail Asia04/04/2022

The Civil Aviation Authority of Vietnam says carrier Bamboo Airways is operating normally, unaffected by the recent arrest of its ex-chairman Trinh Van Quyet. The carrier’s key personnel, including pilots, cabin crew, and technical staff are complying with all regulations, it reported to the Ministry of Transport Thursday, after an emergency meeting with the airline’s […]

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Retail Asia31/03/2022

AirAsia is expecting an increase of more than 70 international flight volumes per week for the first week of border reopening starting on April 1. AirAsia Malaysia chief executive officer Riad Asmat said the international flight number is expected to reach 250 weekly by the end of April. “AirAsia welcomes the announcement by the Malaysian […]

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Retail Asia25/03/2022

AirAsia gears up for the nation’s reopening by adding more international routes to cater for significant pent-up demand ahead of Malaysia reopening borders to international travel 1 April. With the continued easing of travel restrictions, the airline group increased domestic flight capacity in Malaysia by 156% since October 2021, when it kickstarted the Langkawi travel […]

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Retail Asia08/03/2022

The Court of Appeal of Malaysia has dismissed attempts from AirAsia (AK, Kuala Lumpur Int’l) and AirAsia X (D7, Kuala Lumpur Int’l) to set aside a High Court ruling in favour summarily – without a full trial – of Malaysia Airports Holdings over outstanding passenger service charge (PSC) payments, Malaysia’s Daily Express and The Edge Markets reported. A three-member bench unanimously […]

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Retail Asia07/02/2022

The VN-Index began the new lunar year with a 1.5-percent jump Monday morning, led by aviation and energy stocks. It gained 22 points to 1,503 points at 11.20 as the market reopened after the nine-day Tet break, reaching a near four-week high. It represents a 4.1-percent recovery from the bottom of 1,439 points reached on January […]

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Retail Asia30/11/2021

AirAsia has denied that its airfares between the Peninsula and Sarawak are high as well as its unavailability for the Christmas and state election period. The low-cost airline operator said it has engaged continuously with the Ministry of Transport Sarawak (MoTS) and submitted applications to permanently increase its scheduled flight frequencies from Peninsular Malaysia and […]

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