Transportation

COSCO Group is set to expand its carrying capacity by 20%, a move echoed by several competitors. (Photo courtesy of COSCO Group)
Transportation

China's COSCO bets $5bn in 2nd shot at shipping crown

Ambitious expansion plan faces risk of industrywide capacity glut

15 September 2022
Vale Indonesia is working on three nickel projects worth $8.6 billion. (Photo courtesy of PT Vale) 
Commodities

Vale Indonesia embarks on $8.6bn nickel projects with Chinese firms

Miner expresses hopes on partnership with Ford Motor for EV battery materials

14 September 2022
Capital A CEO Tony Fernandes, pictured at center in necktie and cap, is challenging regional ride-hailing leaders Grab and Gojek in their own backyards. (Photo courtesy of Capital A)
Transportation

AirAsia Ride to debut in Singapore, Indonesia this year: Fernandes

Capital A CEO also announces full employment, benefits for drivers

13 September 2022
Yulu ride-sharing vehicles in New Delhi.
DealStreetAsia

Indian electric bicycle and scooter startup Yulu raises $82m

Funding led by global auto supplier Magna International

13 September 2022
Traffic edges through a waterlogged road following torrential rains in Bengaluru, India.
Natural disasters

Torrential rains expose infrastructure woes in India's Silicon Valley

Flooding vividly highlights worries over Bengaluru's breakneck growth

9 September 2022
The Maltese-flagged tanker Marinoula unloaded a cargo of Russian oil at the British port of Immingham by June 6.
Ukraine war

U.K. received Russian oil in June despite claims of 'zero' imports: analysis

Ship-to-ship transfers undermine efforts to squeeze Moscow over Ukraine war

8 September 2022
Travelers await check-in at Hong Kong International Airport. The global financial hub was largely isolated during the pandemic.
Travel & Leisure

Ready for takeoff: Virus-bound Hong Kongers eye flights to anywhere

City residents scramble for tickets after years of strict COVID curbs

4 September 2022
Mactan Cebu International Airport on the central island of Cebu is one of the Philippines' busiest airports. (Photo courtesy of GMR Megawide Cebu Airport Corp.)
Transportation

Marcos adviser strikes deal to take over Philippines' Cebu airport

Contractor Megawide and Indian partner GMR to sell asset to Aboitiz Group

3 September 2022
East Japan Railway will introduce driver-only operation on the Yamanote commuter line in Tokyo. (Photo by Konosuke Urata)
Transportation

Top Japan railway JR East to cut 4,000 train jobs as commuters stay home

Exclusive: Tokyo area operator to shift workers to retail and real estate

1 September 2022
Air China had the worst first half among China's three major state-owned airlines, with its red ink nearly tripling from a year earlier.
Transportation

China's big three airlines slide deeper into red on lockdowns

Movement restrictions disrupt industry lifeline of domestic travel

1 September 2022
Exchange filings show Warren Buffett’s Berkshire Hathaway has cut back its stake in Chinese electric car producer BYD.
Markets

BYD shares plunge as Warren Buffett trims stake in China EV maker

Stock in country's biggest electric car producer drops nearly 8%

31 August 2022
Jeju Air is South Korea's largest low-cost carrier. (Photo courtesy of Jeju Air)
Transportation

South Korean budget airlines learn to get creative to stay aloft

Jeju Air turns to cargo to compensate for dearth of flights to China and Japan

30 August 2022
Indonesia's VKTR is gearing up to launch electric buses in 2023. (Source image from VKTR website)
30 August 2022
AM/NS India is purchasing ports and power plants to support the company's main steel complex in Hazira, pictured here. (Photo courtesy of Nippon Steel)
Business deals

Nippon Steel Indian tie-up to buy Essar port, power plant assets

$2.4bn acquisition to ensure smooth access to transport and energy infrastructure

27 August 2022
A cargo ship passes through the locks on the Atlantic side of the Panama Canal. It takes 10 days longer to ship gas from the U.S. to Japan without using the canal.
Energy

Panama Canal toll hike looms as new East Asian energy risk

Japan braces for higher import costs of household fuel LPG

27 August 2022
A major project aims to turn Belawan into a major Southeast Asian transportation and maritime hub.
DealStreetAsia

Group backed by Indonesia wealth fund to invest in Belawan Port

Deal part of Sumatra infrastructure push to turn island into major maritime hub

26 August 2022
Woowa Brothers, operator of the country's biggest food delivery app, is testing the Dilly Drive small delivery robot to pick up orders from restaurants and take them to customers. (Photo by Kotaro Hosokawa)
Technology

South Korean industry embraces robots to ease labor crunch

Logistics firms and restaurants are early adopters; delivery bots await new deregulations

22 August 2022
Ola boss Bhavish Aggarwa teased his company's plans for an electric car on Twitter. (Photo by Yuki Kohara) 
Automobiles

India's Ola plans massive EV push but obstacles await

Company aims to develop cells by 2023, launch electric car in 2024

19 August 2022
Companies looking to transport goods between Europe and China face the political, ethical and commercial dilemma of using the Russian route, or sending them on a slower, more expensive trek across Central Asia.
Business Spotlight

Russia's war leaves Europe with China rail route dilemma

Exporters forced to choose between sanctions risks and lengthy delays

19 August 2022
Hyundai's Ioniq 5. The outlook for Hyundai Motor electric vehicles in the U.S. is clouded by the country's Inflation Reduction Act. (Photo by Ken Kobayashi)
Automobiles

Hyundai, Kia hit after Biden signs tax, climate and health bill

Automakers' share prices sink as their EVs not eligible for $7,500 tax credit

18 August 2022
SBS's test van had no parking brake and a European-standard charging plug to cut costs. The company will adjust those features to suit conditions in Japan. (Source photos by Ryosuke Matsui)
Transportation

Chinese-built EVs can cut Japan delivery company's costs by 30%

SBS plans fleet of over 10,000 electric vans after encouraging trial run

12 August 2022
Singapore's Changi Airport is pushing ahead with a fifth passenger terminal, after the pandemic delayed its expansion plans.
Transportation

From Singapore to South Korea, airport ambitions face headwinds

Asia home to most expansion projects yet lags in traffic recovery after COVID-19

11 August 2022
Cathay Pacific Airways hosted its first in-person earnings press conference in three years on Wednesday, with Chairman Patrick Healy, second from right, and Chief Executive Augustus Tang, third from right, present. (Photo by Kenji Kawase)
Transportation

Cathay Pacific reports third consecutive first half net loss

Chairman urges government to 'do more' as Hong Kong has 'fallen far behind'

10 August 2022
The M/V Riva Wind is shown departing from a Ukrainian port near Odesa carrying 50,000 tons of grain on Aug. 7. (Photo courtesy of Harvest Commodities)
Agriculture

Indonesia's Arsari ships grain from Ukraine, Russia

Cooperation with U.S.-Swiss company among first since U.N. deal

9 August 2022
Tan Son Nhat Airport, near Ho Chi Minh City, has faced a severe taxi shortage. (Photo by Tomoya Onishi)
Transportation

Vietnam taxi shortage exasperates travelers and expats

Fistfights and 1-hour waits at airport as riders scrum over cabs

6 August 2022