Indonesia’s Comexindo ships first grain out of Ukraine since invasion
The shipment is intended to be the first of a series to export grain that the joint venture purchases from Russian and Ukrainian producers.
Transportation
Japan airlines making inroads into direct shipping business
Industry observers are now wondering if the airlines can generate solid revenues from this new area as they struggle to cope with deteriorating returns.
AirAsia X CFO resigns to pursue other opportunities
The Bursa filing said Andrew Robert Littledale, 57, is resigning – effective from July 21 – "to pursue other opportunities".
Asia’s first professional cargo hub airport opens in central China
The new airport, equipped with a cargo terminal of 23,000 square meters among other facilities, is expected to improve the transport efficiency of air freight.
Chinese airlines turn to non-travel revenue amid Covid-19
China Southern already provides its internal French language training courses to the public, which include face-to-face classes and livestreaming courses online.
Hyundai Motor to build first local factory in 29 years
The envisioned factory will be first-ever EV-dedicated manufacturing facility in South Korea.
Eco-friendly vehicles make up 30.3% of Korea’s automotive exports
South Korea exported $20.45 billion worth of cars from January to May 2022.
Shenzhen gives green light to fully autonomous vehicles
The new regulation, scheduled to commence on August 1 states that the vehicles can only run on certain roads designated by the new Chinese city’s traffic management department.
Licence to own cars hits all-time high of $110,524 in Singapore
Premiums also rose across all other categories. Part of the reason for this is a low number of vehicles being taken off the road in the previous months.
Highway makes desert travel easy
The newly built highway crosses the hinterland of the Taklimakan Desert, China's largest desert, and is the third desert road that has been built through the desert.