Nepal government hikes public transport and cargo fares, again
The state-owned oil monopoly has jacked up the price of petrol 13 times in a year. Petrol now costs Rs170 per liter, a 38.21 percent jump from last year.
Transportation
International flights at 20% of pre-Covid level: Thai Airlines Association
Thai airlines this year are likely to focus on short-haul travel to destinations such as Singapore, Vietnam, Cambodia, South Korea, Japan and Maldives.
Car loan interest rates in S’pore rise to average of 2.28% after US Fed’s biggest rate hike in 22 years
In the past two years, car loan interest rates have generally not breached the 2 per cent mark.
Vietnam’s local aviation market sees strong recovery
The number of foreign visitors reached more than 230,000 in April, an impressive increase of 502 per cent over the same period last year.
Number of ‘supercars’ worth W300m quadruples over 6 years in Korea
The uptick in corporate supercars indicates that corporate money could have been used for personal purposes, a lawmaker claimed.
Recreational vehicles take China by storm y storm
A growing motorhome culture and expanding integration of campsites and scenic spots are contributing to the boom.
Toyota unveils 1st exclusively electric model under Lexus brand
The RZ is the luxury brand’s second entry into the electric vehicle market following the UX300e, a compact sport-utility vehicle launched in 2020.
Indian connection in UK’s first airport for flying taxis, drones
Entrepreneur Ricky Sandhu built the first-ever airport for air taxis and delivery drones in the UK, in 15 months.
Senior transport authorities call on Cambodians to embrace EVs
The minister said that, with the assistance of the UN Development Programme, the ministry would now look to install charging kiosks in Battambang and Siem Reap provinces.
Russia-Ukraine conflict buffeting Japan’s used-car market
Japanese cars are known as being hard-wearing and for retaining their value over time — features that are highly valued in Russia.