Beijing’s new mega airport will challenge Air China’s dominance

News Desk Bloomberg Like ancient warlords, China's three biggest airlines have dominated their regional cities: Air China Ltd. controlling Beijing, China Eastern Airlines Corp. holding sway in the financial center of Shanghai, and China Southern Airlines Co. ruling the roost down in export gateway Guangzhou. Until now. Rising on a plain south of Beijing is … Continue reading Beijing’s new mega airport will challenge Air China’s dominance

Jakarta Traffic Problem – No fast tracks in Indonesia

Jakarta’s epic traffic jams cost the economy US$3.4 billion in losses per year, a tangle even massive infrastructure building could take decades to unsnarl By John McBeth Over the past two decades, Bangkok has made great strides in public transport, building the so-called Skytrain and a subway in the expectation it would relieve the once-canal-laced … Continue reading Jakarta Traffic Problem – No fast tracks in Indonesia

VietJet brings sex appeal to aviation

Nguyen Phuong Thao, Vietnam's first woman billionaire, has ascended through risqué marketing, global vision and a delicate gender balancing act By Ma Nguyen Nguyen Phuong Thao, Vietnam’s first woman US dollar billionaire, has risen to the top on a controversial corporate formula: bikini-wearing employees. As chief executive officer of VietJet, the country’s fast rising budget … Continue reading VietJet brings sex appeal to aviation

Central Asia Affairs

Kazakhstan, Azerbaijan and Georgia sign Trans-Caspian International Transport Route protocol By Yerbolat Uatkhanov in Central Asia ASTANA – Kazakhstan, Azerbaijan and Georgia signed a protocol April 1 confirming the regulations on membership in the Legal Entities Union and the composition of the working group on the development of a transport route and its action plan … Continue reading Central Asia Affairs

Why the Arctic is Set to Become Driver of the Russian Economy

Last week, President Putin took part in the fourth International Arctic Forum in Arkhangelsk, northern Russia. As Russian business news portal Expert Online points out, the area is at the crossroads of a third wave of large-scale economic development in the region. In addition, several factors make the present wave of development unique On Thursday, … Continue reading Why the Arctic is Set to Become Driver of the Russian Economy