China-led Indonesian high-speed rail in the red as costs swell
With low ridership and ballooning project costs, there are no signs of it becoming profitable.
Transportation
Malaysia places fourth in global airport rankings
The report said Malaysia climbed up the ranking with 22% more destinations offered when compared to 2015, where Malaysia was listed at fifth place in the world.
The ASEAN Express: new rail link set to transform regional trade
The service is being hailed as a breakthrough in international rail transport, expected to boost Thailand and ASEAN’s economic competitiveness in the near future.
Kuala Lumpur International Airport shoots up the ranks to be 2nd busiest airport in Southeast Asia
Sitting at the top spot in August was the Changi Airport in Singapore, which handled 3.58 million departing seats.
Tokyo reveals plan for 600 hydrogen taxis, with several ready to pick up passengers
The taxis will be Toyota Motor Corp.’s Crown model. They have a driving range of 820 kilometers and need about three minutes to fill up on hydrogen. As the cars run solely on…
Relentless cycle of price wars eroding profits of Chinese automakers
According to the China Automobile Dealers Association, retail losses from these price battles totaled a jaw-dropping 177.6 billion yuan ($24.7 billion) in the first 11 months of…
Japanese automakers try to regain ground lost to Chinese car firms in Thailand with low-priced HVs
In Thailand, Japanese automakers’ share of new vehicle sales used to be more than 90% but may fall below 70% this year.
Korean Air’s new premium class stirs debate on comfort trade-offs
An advocacy group labelled the change as a structural shift that passes more costs onto consumers at the expense of comfort.
Slower sales on the cards for Malaysia’s automakers
Automotive players in Malaysia face price competition from China brands that will weigh on margins, analysts say.
India, China set to resume direct flights in sign of closer ties
The renewed push to rebuild a direct link comes at a time when India’s relations with the US have come under considerable strain, after US President Donald Trump doubled tariffs…