China 

Could Hong Kong airport shutdown give Shenzhen the edge as top air hub in Greater Bay Area?

The shutdown of operations at Hong Kong International Airport (HKIA) for a second consecutive day on Tuesday has tarnished the city’s reputation and could prompt airlines to reassess the facility’s role as the main air transport hub for the Greater Bay Area, analysts said.That reassessment could be supported by Chinese government efforts to expand the capacity of other airports in the area to handle the expected increase in passenger traffic in coming years, they added.Hong Kong International… Source link

Read More
Home 

‘Hype, smoke, and hot air’ clouding Singapore real estate

When the doors to the sales gallery of an upcoming residential project in central Singapore opened in July, more than 4,000 prospective homebuyers flooded the showroom for a first glimpse of the plush development.The project, One Pearl Bank, sits on a 99-year leasehold site once home to the iconic horseshoe-shaped Pearl Bank Apartments. It is set to stand among the tallest residential properties in the Lion City when completed by 2023, boasting unobstructed views of the city skyline.Following… Source link

Read More
Vietnam 

Vinpearl Air to enter aviation market – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Vinpearl Air, a member of Vingroup owned by US dollar billionaire Phạm Nhật Vượng, will enter the aviation market soon. — Photo kinhdoanhdiaoc.net HÀ NỘI —  The Hà Nội Department of Planning and Investment has granted a business licence to Vinpearl Air Joint Stock Company, a member of Vingroup. Vinpearl Air, formerly known as VinAsia Trade Development and Services JSC, was established on April 22 with headquarters in Hà Nội’s Vinhomes Riverside Long Biên and registered capital of VNĐ1.3 trillion. The airline, which will have international routes and use 30 aircraft or more,…

Read More
Singapore 

In a first, 2 men charged after allegedly flying drones within 5km of air base without valid permit, Singapore News

SINGAPORE – In a first, two men were taken to court on Friday (July 5) after they allegedly operated drones for recreational purposes within 5km of Paya Lebar Air Base without a valid Class 2 activity permit. Ed Chen Junyuan, 37 and Tay Miow Seng, 40, were each charged with one count of an offence under the Air Navigation Order. The Straits Times understands that this is the first prosecution of individuals under this law. On May 28, the Singapore branch of LT Sambo, a construction company, became the first…

Read More
Global 

Trump-Xi trade war summit at G20 in Japan still up in the air as ‘conditions not right’, China adviser says

A meeting between Chinese President Xi Jinping and US President Donald Trump at the G20 summit in Japan next month is still up in the air as the “current conditions” are not right, a Chinese state researcher said.“Given the current conditions, what can really come out of the G20?” said Zhang Yansheng, the chief research fellow at the state-backed China Centre for International Economic Exchanges think tank, at a government-arranged press briefing on Wednesday. “We in the East need to save our… Source link

Read More
Vietnam 

Bamboo Airways launches new air routes connecting Hai Phong – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    Prime Minister Nguyen XuanPhuc (centre) at the ribbon cutting ceremony.   Bamboo Airways on May 10 officially opened commercial air routes from the northern port city of Hai Phong to the central coastal city of Quy Nhon, the southern economic hub of Ho Chi Minh City, and the Mekong Delta city of Can Tho.   The launching ceremony was attended by Prime Minister Nguyen XuanPhuc and high-level officials of Hai Phong City and other provinces.   Incoming international air routes  …

Read More
Vietnam 

Bamboo Airways to open air route to Japan – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Bamboo Airways announced daily charter flights from Việt Nam to Ibaraki, Japan and vice versa. — VNA/VNS Photo Bùi Hồng Hà HÀ NỘI — Việt Nam’s newest carrier Bamboo Airways said last week that it will start operating charter flights to the Japanese prefecture of Ibaraki during the Golden Week in Japan. At a press conference the same day in Ibaraki, a representative from the airline said it will operate daily charter flights using Airbus A321 Neo aircraft from April 28 to May 2 from Việt Nam to Ibaraki…

Read More
China 

Slump in China’s box office is helping big cinema chains squeeze the air out of independent theatres, analysts say

The growth of China’s film market is likely to slow down further this year after a disappointing first quarter. But that could be good news for big cinema chains, according to analysts.China’s box office revenue plunged by 8 per cent year-on-year in the first three months to 18.6 billion yuan (US$2.8 billion), data compiled by movie ticketing platform Taopiaopiao shows.That suggests the industry could be facing another tough year ahead after a decade of exponential expansion ended abruptly four… Source link

Read More
Singapore 

Elderly man arrested for possessing air guns, after shooting metal pellets at Jurong flat, Singapore News

SINGAPORE – A 63-year-old man was arrested on Wednesday (April 3) for possessing air guns. The police said in a statement on Thursday that the owner of a flat in Jurong West Street 42 found suspicious cracks on the windows of his master bedroom and toilet. He made a report, and police officers who visited the flat found a metal pellet at the scene. It is believed that the damage to the windows was caused by the impact of the metal pellet. The police said that they established the identity…

Read More
Home 

Is ‘Iron Lady’ Dong Mingzhu’s Gree Electric facing an ownership shake-up? Air con giant plans partial stake transfer

Gree Electric Appliances, the air conditioner giant chaired by one of China’s best known and toughest businesswomen, said its state-owned controlling shareholder was planning a “partial stake transfer”, which could result in a change of the ownership structure.Gree Electric is controlled by the Zhuhai city government, which owns 100 per cent of the Gree Group. Gree Group was the biggest shareholder of Gree Electric with an 18.22 per cent stake as of the end of September.The company’s biggest… Source link

Read More