Transportation

Work at Hyundai Motor factories in South Korea could come to a halt if the company's labor union decides to follow through on a threatened strike.
Transportation

The Hyundai Motor labor dispute: 5 things to know

Strike threat hangs over union demand for more pay, extension of retirement age

6 July 2022
A high-speed train at a station in Dalian. Spanning over 40,000 km, China's high-speed rail network is the largest in the world. (Photo by Shin Watanabe)
China debt crunch

China Railway's debt nears $900bn under expansion push

Support to boost economy drives state high-speed train operator deeper into red

6 July 2022
Hyundai Motor autoworkers are demanding wage and bonus increases.
Transportation

Hyundai Motor, autoworkers fail to narrow gap in arbitration

Potential strike could damage South Korean economy amid rising inflation

4 July 2022
Aircraft lessor BOC Aviation is writing off 17 airplanes leased to Russian carriers due to the "unlikely" chance of recovering them anytime soon.
Finance

China's BOC Aviation warns of net loss as planes stranded in Russia

State-owned lessor writes down over $800m as recovery of aircraft 'unlikely'

4 July 2022
Akasa Air CEO Vinay Dube says the carrier will fly its nascent fleet of Boeing 737 Max jets from India’s largest cities to smaller destinations, avoiding busier, cutthroat routes. (Photos courtesy of Akasa Air) 
Transportation

India's newest airline targets smaller cities as route to profit

Akasa Air expects to launch commercial flights in July

4 July 2022
Thai Airways International filed for bankruptcy protection in May 2020, during the early months of the coronavirus pandemic. (Photo by Akira Kodaka)
Transportation

Thai Airways aims to finish restructuring in 2024 as travel rebounds

Increased passenger traffic helps carrier halve capital needs under updated plan

2 July 2022
Singapore Airlines planes sit on the tarmac at Changi Airport in Singapore. 
Transportation

Singapore Airlines' North America service tops pre-COVID level

Flag carrier ahead of Hong Kong's Cathay Pacific and other regional rivals

1 July 2022
An LNG tanker and icebreaker sail side by side in the Arctic Ocean in the winter: A report from Brown University suggests melting ice will weaken Russia's control of the Northern Sea Route. 
Climate Change

Russia's Arctic grip to weaken as ice melts, study says

Brown University sees shipping routes moving out to international waters

28 June 2022
China's YUNLSP mainly provides tools for visualizing information, sending electronic vouchers, an operating system for forwarders, customs clearance systems, customer outreach, an instant messenger on a SaaS platform. (Photo courtesy of Tuchong)
36Kr/KrASIA

Chinese logistics startup Yunlsp raises $15m in Series B round

Global support platform comprises more than 10,000 corporate customers

26 June 2022
An official at CAAC said the regulator is negotiating with other nations to gradually increase the number of international flights to the mainland.
Caixin

China resumes more international flights as COVID cases ebb

Aviation authority looks to increase travel to and from Vietnam, Thailand

24 June 2022
Garuda Indonesia and its CEO Irfan Setiaputra have their work cut out for them after creditors approved the airline's restructuring plan. (Nikkei montage/Reuters)
Transportation

Garuda Indonesia faces major headwinds after restructuring

Airline's descent from 'big elephant' status comes as industry still struggles

21 June 2022
Garuda Indonesia's court process began late in 2021 and was originally to take 45 days to resolve, but negotiations have been repeatedly extended.
Transportation

Garuda Indonesia creditors approve airline's restructuring proposal

Result seen as crucial for state airline to reorganize huge debt and stay aloft

17 June 2022
Members of the Public Service and Transport Workers Union stage a rally to support a truckers strike outside the presidential office in Seoul on June 14.
Transportation

Hyundai Motor, Posco restart shipments as trucker strike ends

Deal between union, South Korean government forestalls long walkout

15 June 2022
Didi Global had a solid debut on the OTC Pink Market on Monday, rising 7.4%. 
Markets

Didi's ride from the NYSE to OTC: 5 things to know

Chinese company's transition to Pink Market may not be dead end for investors

14 June 2022
A consumer checks out an electric motorbike at the Indonesia International Motor Show in April. (Photo by Erwida Maulia)
Technology

Indonesia's e-motorbike makers hit the accelerator

Foxconn, Gogoro, Grab join locals to fill gap in charging infrastructure

13 June 2022
Debt-laden flagship carrier Garuda Indonesia has been hit hard by the coronavirus pandemic that drastically reduced air travel. 
Transportation

Garuda Indonesia plans to raise $800m in bonds to skirt bankruptcy

Flag carrier's proposal will be voted on by creditors next week

9 June 2022
Didi Global has been barred from signing up new customers for its ride-hailing services and other apps since last July. 
Transportation

Didi to exit NYSE on June 10 amid uncertainty about China restart

Group readies apps for relaunch but Beijing undecided on penalty for ride-hailer

9 June 2022
The South Korean city of Ulsan is playing a key role in realizing national hydrogen ambitions. (Photo courtesy of H2Korea)
Technology

South Korea makes big bet on energy transition to hydrogen

Hyundai, Doosan cultivate new markets but face questions of competition and cost

9 June 2022
Electrics still make up a small portion of India's market for two-wheel vehicles, which sold around 15 million units in 2021.
Transportation

From fires to chip crunch, e-scooters meet roadblocks in India

Two-wheeled vehicles at heart of country's shift to electrics

9 June 2022
The Metropolitan Outer Area Underground Discharge Channel in Saitama Prefecture, near Tokyo, is at the forefront of Japan's fight against flooding as extreme weather threatens the country's infrastructure. (Photo by Ken Kobayashi)
The Big Story

Japan battles flooding amid deepening climate crisis

Rising rainfall and frequent typhoons test the archipelago's flood defenses

8 June 2022
Chinese startup Neolix Technologies offers a driverless food delivery service in Guangzhou. (Photo by Takashi Kawakami)
Technology

Chinese COVID lockdowns prove a big break for delivery robots

Autonomous vans projected to grow more than tenfold by 2025

7 June 2022
Malaysia Airlines CEO Izham Ismail, a former pilot, says the carrier's return to full financial health is in sight after years of struggle. (Photo by Wong Ying Xian)
Interview

Malaysia Airlines CEO: Ukraine war hampering return to profit

But ex-pilot Izham Ismail predicts full recovery from MH370, MH17 disasters

6 June 2022
Japan's Itochu is supplying Neste's sustainable aviation fuel to UAE carrier Etihad Airways.
Transportation

Japan's green jet fuel ambitions fly higher with Itochu-Etihad deal

More companies pile into burgeoning market amid decarbonization push

4 June 2022
Alibaba is building up its home delivery service through logistics platform Cainiao to stem a loss of business to rivals including JD.com and Pinduoduo.
Retail

Alibaba boosts local warehouse network to speed up daily orders

Online shopping group seeks to better match rivals' home-delivery offerings

2 June 2022
Emirates Chief Commercial Officer Adnan Kazim says the carrier's "fuel-fare charge" is pushing ticket prices up.
Interview

Fuel prices 'way above' what airlines can manage: Emirates exec

Carriers impose surcharges as rising costs threaten recovery

30 May 2022