Prices of power-assisted bikes on rise in Japan amid popularity, material shortage
A backdrop to the price hike is the increase in prices of raw materials, including aluminum and steel, the demand for which has grown during recent months.
Transportation
Cathay predicts lower HK$6b annual loss, HK$1.5b cash burn
Cathay Pacific flew a mere 717,059 passengers in the past year, compared with 4.6 million in 2020 and 35.2 million in 2019.
Number of passengers flying SIA, Scoot doubles to almost 600,000 in Dec 2021
Experts said the rate of recovery is expected to slow down in the coming months owing to the Omicron variant.
Indonesia to conduct B40 biodiesel road test in February
The government is hoping that increasing the portion of processed crude palm oil in biodiesel such as B40 will help cut oil imports.
New energy vehicles could account for 60% of auto sales in China by 2035
Reports say that by 2020 China had topped NEV sales in the world for seven consecutive years.
Vietnam agrees to restore regular international flights from Jan 1
The flights will be operated based on the guidance from the Ministry of Health on medical measures to prevent the spread of Covid-19.
Hopes for hydrogen as China tries to tackle carbon emissions
While electric and hydrogen fuel cells are regarded as two major technologies, the development of the latter has been lagging
Vietnam urges southern region to speed up key projects on air connectivity
Officials have called for urgent steps to be taken to avoid financial losses
‘Drone taxi’ race heats up with new urban air mobility projects
National flag carrier Korean Air and retail giant Lotte have announced new projects to help introduce drone airport shuttles
Vietnamese airlines to increase frequency of domestic flights
This follows a successful pilot operation to gradually restore air travel.