Critical fuel shortages for commercial flights at airports across Japan have led to difficulties in increasing the number of international flights and adding new routes, industry and governmentsources said Saturday. A surge in demand for flights due to increasing inbound…
Vietnam has been increasing its dredging and landfill work in the South China Sea, creating almost as much new land as in the previous two years combined, setting the stage for a record year of island-building, U.S. researchers said on…
United Arab Emirates real estate developer Emaar Properties announced Monday plans for a 1.5 billion dirham ($408 million) expansion of Dubai Mall. The 12-million-square-foot mall is already the largest shopping center in the world by total area, and the expansion will add a…
Cambodia attracted fixed-asset investment of 246 million U.S. dollars in May, the Council for the Development of Cambodia (CDC) said in a news release on Monday. The Southeast Asian country approved 24 investment projects last month, which could generate approximately…
Countries seeking to attract foreign investment must focus on sustainability, technology and green production chains, new report says. The Foreign Direct Investment (FDI) landscape is shifting due to geopolitical factors, with Investment trends now focusing more on environmental sustainability and…
KUALA LUMPUR (June 7): Digital travel platform Agoda has seen a 20% increase in search for travel from Malaysia to Southeast Asian destinations compared with the same period last year. Based on Agoda accommodation searches, Thailand is the top choice…
Thailand’s Land Department has updated its criteria for allowing foreigners to own land in the country. The latest criteria were announced on the department’s website.Inheritance: Foreigners who are the legal heirs of foreigners allowed to hold land, can inherit the…
The EU has become the second major global economy to cut its lending rate this week, saying it had madeprogress in tackling inflation. The European Central Bank (ECB) announced a cut in its main interest rate from an all-time high…
India plans to set up a new shipping company to expand its fleet by at least 1,000 ships in the next decade, as Asia’s third-largest economy seeks a bigger chunk of revenue from surging trade, two government officials said. The…
PARIS: More money is pouring into solar power than all other electricity sources combined, with investments set to reach half a trillion dollars this year, the world’s top energy research body said on Thursday (Jun 6). The International Energy Agency (IEA)…