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06/05/2024 WhatsApp’s new status update tray with previews is rolling out more widely in beta ( General )
02/05/2024 A Deep Dive into Grade A Buildings in Hong Kong ( General )
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 )

Retail Asia15/06/2023

Bamboo Airways posted an accumulated loss of VND3.2 trillion ($136 million) last year, higher than that of Vietnam Airlines and Vietjet. Although the company saw revenue tripling to VND11.73 trillion, costs still exceeded that figure due to difficulties in the Northeast Asia market and the Russia-Ukraine conflicts, which drove up fuel expenses, according to the […]

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Retail Asia08/05/2023

Vietnam Airlines’ HVN shares will see trading restrictions from May 12 for failure to file its results in time. The carrier has been more than 30 days late in submitting its audited consolidated financial statements for 2022, the Ho Chi Minh Stock Exchange (HoSE) said in a statement. At the end of March Vietnam Airlines […]

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Retail Asia04/05/2023

Vietnam Airlines and Vietjet Air reported profits again in the first quarter of this year, while Bamboo Airways neared the break-even point, thanks to the Tet travel peak. Analysts said increased international flights due to Vietnam’s Lunar New Year holiday festival (Tet) in late January were the cause of the uptick in the previously-ailing air […]

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Retail Asia28/04/2023

Vietravel Airlines is expecting to expand its fleet to six by adding three more aircraft in the third quarter following a plan set out from the early days of its establishment. The move in association with a recruitment program slated for May in Ho Chi Minh City aims to help the carrier be ready for […]

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Retail Asia11/04/2023

Shareholders of Bamboo Airways, at an extraordinary general meeting on Monday, rejected plans for a private placement of shares to increase charter capital. The proposal for a VND9.57-trillion ($405.5 million) issue to increase the capital to VND28 trillion, restructure loans and swap debts for shares based on agreements with creditors was rejected by 56.4% of […]

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Retail Asia06/04/2023

AirAsia X (AAX) continues to expand its China network with two weekly flights to Beijing restarting last week after almost a three-year pause. The flight from Kuala Lumpur lands at Beijing Daxing International Airport at 0105, while the return flight from Beijing arrives in Kuala Lumpur International Airport (Terminal 2) at 0830. AirAsia X Malaysia […]

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Retail Asia05/04/2023

Budget carrier Cebu Pacific is set to mount flights to the Ilocos Norte capital of Laoag starting May 22, making it the 35th domestic destination in the airline’s network. Cebu Pacific said flights from Manila to Laoag will be daily, as the airline seeks to tap travelers seeking to explore the Ilocos region. “Laoag plays […]

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Retail Asia20/03/2023

Malaysian long-haul low-cost AirAsia X is returning to recovery, reporting improvements in revenues, profits, and costs after some very difficult years during the Covid crisis. The carrier expects to benefit this year from the relaunch of its most profitable routes and gradually grow the fleet again, it said on February 22. AirAsia X continues to recover […]

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Retail Asia02/03/2023

AirAsia parent company Capital A expects China’s reopening to international travelers in January to drive the recovery of its airlines this year. AirAsia’s four airlines — Malaysia-based AirAsia, Indonesia AirAsia, Philippines AirAsia, and affiliate Thai AirAsia — plan to rapidly ramp up capacity to China from less than 1 percent of 2019 levels in December, according to […]

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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 Asia16/02/2023

AirAsia Malaysia (AK) has resumed flights to China and unveiled its plans for the country. The popular low cost carrier will resume four China destinations from two hubs – Kuala Lumpur and Kota Kinabalu to Macao, Shenzhen, Guangzhou and Kunming, with a total of 10 flights weekly and plans to increase the frequency by up […]

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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 Asia30/01/2023

Cebu Pacific (CEB) said on Sunday it will now fly four times daily to Hong Kong, but hopes to boost demand by offering airfare discounts. “After Hong Kong eased requirements for inbound travelers in December, the airline operated Manila-Hong Kong flights 32 times weekly until January due to the anticipated high traffic over the resumption […]

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Retail Asia30/01/2023

Cebu Pacific is working to restore more of its flights in other air hubs in the Philippines, such as Clark International Airport, the budget carrier’s president told reporters last week. “We will be happy to resume flights at Clark and the other destinations we used to fly in,” Xander Lao, president and chief commercial officer, […]

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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 Asia28/12/2022

The Cat Linh – Ha Dong Metro Line in Hanoi has received an additional VND911 billion ($38.6 million) capital increase. The money will come from state coffers, with 24.4% of it from domestic funds and the rest foreign funds, according to a decision signed by Deputy Prime Minister Le Minh Khai. The Ministry of Planning […]

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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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