“We are very pleased to announce that two home-grown companies have partnered together to form a new Asean joint venture,” said Tony Fernandes, Chief Executive Officer (CEO) of AirAsia Group.In line with AirAsia’s goal to solidify its position as the leading low-cost carrier in the Southeast Asian region, the company had recently formalised a partnership with SATS Ltd (SATS) – the chief ground-handling and in-flight catering service provider at Singapore Changi Airport – which will allow both

Singapore Airlines, the first carrier to put a double bed in its cabins, is spending 850 million dollars to refit all its Airbus SE A380 jets to take airborne luxury up another notch.The airline on Thursday unveiled its first major overhaul across cabin classes of its Airbus SE A380s since 2007, when it became the first carrier to fly the double-decker aircraft.

Bad day at the office?

Singapore's Changi Airport opened a cutting-edge terminal Tuesday with a fully automated check-in system including facial scanning and computerised baggage drop points, but some passengers struggled with the new technology.Terminal 4, built at a cost of S$985 million (723 million dollars), will have an annual capacity of 16 million people and is aimed at coping with an expected increase in passenger numbers through one of Asia's top travel hubs.It is packed with new technology, mean

Freeport-McMoRan signalled it’s made progress with Indonesia on how to value its flagship Grasberg mine, but warned that the final stages of divestment negotiations are complex.“We are working with the government to have a complete resolution of those issues, and the current goal that we’re both working on is by the end of the year,” Chief Executive Officer Richard Adkerson said from Jakarta during a two-hour long earnings call that was, once again, dominated by questions about Indonesia.

Oversea-Chinese Banking Corp., Southeast Asia’s second-largest lender, reported higher third-quarter profit on increased revenue from its lending, wealth management and life-insurance businesses.Net income rose 12 percent to S$1.06 billion (780 million dollars) in the three months ended September 30, the Singaporean bank said in a filing on Thursday.

Singapore's malls are one click away from irrelevance, though the investment trusts that own them are carrying on as if nothing has changed.The first hint of trouble showed up in January when department store John Little shut down after a 174-year run.

Garuda Indonesia is targeting a return to profit next year after a loss in 2017 as the flag carrier works to reduce expenses and operations improve.The airline is predicting a profit of 75 million dollars in the second half ending December but won’t be able to post a profit for the 12-month period following a larger loss in the first six months of the year, Chief Executive Officer Pahala Mansury said.

Malaysia Airlines on Friday named veteran senior executive Izham Ismail as its new CEO after his predecessor's shock departure dealt a fresh blow to the struggling carrier.

Singapore’s Sea plans to price shares at 15 dollars in its initial public offering and raise more than 850 million dollars, according to people familiar with the matter.The total amount may be more than one billion dollars if an option to sell additional shares is exercised, said one of the people, asking not to be identified because the matter is private.