Transport and Infrastructure
Transport and Infrastructure is a section of Business News on investvine.com
Creditors demand nearly $14 billion from struggling Garuda Indonesia
Creditors of Indonesia’s struggling flagship airline Garuda Indonesia are seeking about 198 trillion rupiah ($13.9 billion) in claims as part of the carrier’s debt...
Vietnam’s VinFast seeks to establish electric vehicle factory in Germany
Vietnamese car manufacturer VinFast, which is keen to expand with its electric vehicles to the US and Europe this year, is reportedly looking for...
New domestic airline set to take off in Malaysia
SKS Airways, a new commercial airline in Malaysia, has been awarded a full Air Service License by the Malaysian Aviation Commission, effective January 1,...
VinFast delivers first electric vehicle to customers in Vietnam
Vietnamese automaker VinFast has started delivery of its first electric sport utility vehicle (SUV) to customers in its home market as of end-December last...
Philippine Airlines emerges from bankruptcy proceedings
Philippine Airlines in a statement released on December 31 said it has emerged from bankruptcy after a US court approved its plan to slash...
Thailand seeks to combat pollution and noise with electric motorcycle taxis
Thailand is getting one step further in the deployment of electricity-powered motorcycle taxis and canal boats for public transportation with an aim to reduce...
Indonesia plans new regional aviation hub in North Sumatra to rival Singapore, Kuala Lumpur
Indonesia plans a new airport hub to rival Singapore’s Changi Airport and Kuala Lumpur International Airport as current regional hubs by expanding the existing...
Indonesia kicks off construction of ‘green’ industrial park on Borneo
Indonesia on December 21 began with the construction of a new industrial estate in its part of Borneo island which will focus on plants...
New Laos railway fills gap in world’s longest train route
The opening of the new high-speed train line in Laos has filled the last gap in what is now the longest continuous railway route...
VinFast builds electric vehicle battery plant in Vietnam for $174 million
Vietnamese carmaker VinFast has started building a battery cell plant for $174 million to support its electric vehicles business and improve the battery supply...
Ford, Lego invest heavily in Thailand, Vietnam
US car company Ford Motor and Danish toymaker Lego are planning to make substantial investments in Thailand and Vietnam, respectively, in the coming years...
VinFast now plans $3-billion IPO in the US in second half 2022
Vietnamese carmaker VinFast, a unit of the country’s largest business conglomerate Vingroup, now has plans for an initial public offering (IPO) in the US...
Kuala Lumpur named world’s best city for expats to live in
Malaysia’s national capital of Kuala Lumpur has been ranked best city to live and work globally in the newly released Expat City Ranking 2021...
AirAsia’s loss widens in third quarter amid weak travel demand
Malaysian budget airline AirAsia Group on November 22 reported a wider net loss for the third quarter 2021 as a result of continued Covid-19-pandemic...
Thai AirAsia plans mass layoffs, fleet reduction
The Thailand-based arm of Malaysian discount carrier AirAsia Group, Thai AirAsia, has announced mass layoffs and extended forced holidays for staff as it keeps...
Laos’ new high-speed railway expected to boost tourism, trade
Expectations are high about the positive impact of the new Chinese-built high-speed railway line that crosses landlocked Laos from north to south. Meanwhile, all...
Vietnam’s first-ever metro line gets going
In a great step forward for public urban transportation in Vietnam, the country’s first metro line began operations on November 6 in the capital...
E-commerce market in Vietnam to keep growing from $11.8 billion last year: Techfest
The size of the e-commerce market in Vietnam is growing strongly, with current revenue already having surpassed last year’s full-year figure of $11.8 billion,...
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New Philippine leader seeks help from South Korea for revival of nuclear power plant
Philippine president-elect Ferdinand Marcos emphasised his determination to adopt nuclear power in the country, holding talks on May 23 with South Korea's envoy on...
Stories of the week
Taiwanese computer chip giant considers opening new plant in Singapore
Taiwan Semiconductor Manufacturing Company, or TSMC, is exploring the possibility of setting up a new production facility in Singapore to help address the persistent...