Transportation

Ronald Lam, Cathay Pacific Airways' new CEO, stressed the importance of mainland Chinese routes in an interview with Nikkei Asia on March 16. (Photo by Takeshi Kihara)
Transportation

Cathay Pacific CEO counts on China travel demand for recovery

More Japan routes to be added to budget carrier HK Express

17 March 2023
A 700T bullet train prepares to depart from Taipei in January 2007, marking the overseas debut of Japan's shinkansen technology.
Transportation

Taiwan to buy bullet trains from Hitachi-Toshiba duo in $930m deal

Rail operator moves ahead with purchase of 12 trains to improve service

16 March 2023
PTT is using natural gas as an energy source as it transitions to decarbonization. (Photo by Nozomu Ogawa)
Energy

Thailand PTT's $2.8bn investment paves way to decarbonization

State-owned energy company to build LNG facilities and produce EVs, hydrogen

14 March 2023
ANA aircraft at Haneda Airport, in Tokyo. (Photo by Konosuke Urata)
Transportation

Japan's ANA to lift revenue with new Tokyo-Europe routes

Some service to Asia to remain suspended through fiscal 2025 amid high fuel and labor costs

14 March 2023
Lease rates for narrow-body aircraft like Boeing's 737 MAX 8 are around pre-pandemic levels. (Photo by Minoru Satake)
Transportation

Aircraft lease rates near pre-COVID levels for narrow-body jets

Travel recovery and production bottlenecks drive up costs for airlines

11 March 2023
President and CEO Hideki Mineguchi, center, said AirJapan was committed to turning a profit in fiscal 2025. (Photo by Yutaka Miyaguchi)
Travel & Leisure

ANA set to start low-cost Southeast Asia flights in February 2024

AirJapan 'committed to yielding profit in fiscal 2025,' says CEO

9 March 2023
Private motorbike taxis have long plied the streets of India's sprawling capital, weaving through traffic jams to swiftly carry passengers to their destinations. (Photo by Aakash Hassan)
Transportation

New Delhi clampdown on motorbike taxis hits Uber, Ola

Thousands of drivers face rough road ahead amid government drive to enforce rules

9 March 2023
The Hong Kong airline has scrambled to hire back employees as demand rises. (Photo by Konosuke Urata)
Transportation

Cathay Pacific 'rebuilding' after third straight annual loss

Hong Kong flagship carrier CEO optimistic on travel demand and recovery

8 March 2023
Malaysian Prime Minister Anwar Ibrahim speaks at the Invest Malaysia conference in Kuala Lumpur on March 8. (Photo by Norman Goh)
Economy

Malaysia keen on resuming high-speed rail project with Singapore

Government also commits to $2.2m seed fund to advance goal of net-zero by 2050

8 March 2023
Luhut Binsar Pandjaitan, second from left, Indonesia's coordinating minister for maritime affairs and investment, and Industry Minister Agus Gumiwang Kartasasmita, second from right, meet reporters in Jakarta on March 6. (Photo courtesy of Coordinating Ministry for Maritime Affairs and Investment)
Transportation

Indonesia unveils EV subsidies to woo Tesla, BYD

Government aims to create market attractive to global EV makers

6 March 2023
Yunda Holding chalked up late shipments after the Lunar New Year holiday to a shortage of delivery staff.
Transportation

China shipper Yunda faces customer outcry: 'Where's my stuff?'

Delivery delays mount as company left short-handed after Lunar New Year

4 March 2023
Mitsubishi Corp. aims to increase orders for railway systems and rolling stock in the Philippines. (Photo by Akikazu Ishii)
Transportation

Mitsubishi receives $2bn order for Philippine commuter railway

North-south transit project aims to ease Manila's chronic traffic jams

4 March 2023
Hong Kong's Greater Bay Airlines CEO Stanley Hui (front right) signs an agreement with Boeing's Senior Vice President Brad McMullen (front left) to purchase 15 737 jetliners, on Friday. (Source photos by Kenji Kawase and Reuters)
Transportation

Hong Kong's new airline inks big Boeing deal amid rising tensions

Greater Bay founder stresses 'commercial decision' over geopolitics

4 March 2023
AirAsia's passenger volume has returned to 75% of pre-pandemic volume on domestic routes and 49% on international flights.
Transportation

AirAsia parent Capital A logs first quarterly profit since pandemic

China reopening seen boosting Malaysian airline's recovery

1 March 2023
Air India serves seven cities in Europe with 79 weekly nonstop flights and operates 47 nonstop flights to the U.S.
Transportation

Air India banks on nonstop flights to bolster global presence

Carrier will succeed in terms of scale, quality and finances, CEO says

1 March 2023
In an announcement on Feb. 23, the company Shangqiu Public Transportation in Henan province said it was suspending operations. Photo: Shangqiu Public Transportation
Caixin

China's struggling bus operators highlight local fiscal woes

Municipal governments suffer from COVID controls, loss of revenue and subsidies

28 February 2023
A Thai Airways plane at Tokyo's Narita Airport. The airline plans to increase flights to Japan this year. (Photo by Konosuke Urata)
Transportation

Thai Airways rides Asia's travel reopening back to profit

Carrier to add more flights to China, Japan as it eyes exit from restructuring

25 February 2023
The space and comfort offered by SUVs are luring more buyers in India, one of the world's largest auto markets. (Nikkei montage/AP and Getty Images) 
Business Spotlight

India's surging SUV demand fueled by rough roads and big families

Sport utility vehicles overtake hatchbacks in accelerating auto market

24 February 2023
A Joby Aviation air taxi in Manhattan in 2021. Toray Industries has already supplied carbon fiber materials to urban air mobility startups like Joby.
Materials

Japan's Toray plans new research base as 'flying car' market grows

Materials company to set up development hub in Nagoya by 2026

20 February 2023
A focus on cargo allowed Korean Air Lines to reap record profits amid the pandemic. (Photo by Ahn Seong-bok)
Transportation

Korean Air braces for turbulence as cargo rates sink

End of capacity squeeze set to weigh on profits in 2023

19 February 2023
The two-seater flying car performed the successful test on Feb. 17. (Photo by Toshiki Sasazu)
Transportation

Japan flying car group makes first manned outdoor flight

Consortium aims to commercialize the vehicle in remote areas such as Inland Sea

18 February 2023
South Korea's Hyundai is one of the automakers with high hopes for Indonesia's market participating in the Indonesia International Motor Show, here displaying its Ioniq 5 electric vehicle. (Photo by Erwida Maulia)
Automobiles

Hyundai, Wuling among manufacturers eyeing EV jump in Indonesia

China's DFSK announces local production as more brands debut in growing market

17 February 2023
The Vietnamese government has an 86% stake in Vietnam Airlines, while Japan's ANA Holdings is about 5.6%.
Transportation

Vietnam Airlines faces delisting after 3 straight years of loss

Carrier in talks with stock exchange, but corruption crackdown clouds fate

17 February 2023
Air India's mammoth plane order comes as it pushes to boost its global footprint.
Transportation

Air India has option to buy 370 more jets on top of massive order

Carrier this week unveiled purchase of 470 aircraft from Boeing, Airbus

16 February 2023
Air India has ordered 470 new aircraft as the carrier pushes to become a bigger global player.
Transportation

Air India makes big international push with record jet order

Tata Group carrier faces competition from Middle Eastern, Southeast Asian rivals

16 February 2023