Aerospace logistics company B&H Worldwide is doubling the size of its operation in Singapore. The new facility covers 28,000 sq ft and is located adjacent to its existing operation within the ALPS Free Trade Zone at Changi Airport. The new facility will enable...
Vietnamese airline Bamboo Airways has announced plans to raise up to USD 200 million in an initial public offering (IPO) in the United States, potentially securing a market capitalization of up to USD 4 billion. The IPO is seen as part of the company’s efforts to...
Thailand’s space technology company mu Space has secured the highest incentives available from the Thailand Board of Investment (BOI). Founded in 2017, the company develops satellite communication technologies and plans to launch its self-developed satellite and...
Cebu Pacific, the Philippines’ largest budget carrier, will push forward its plans to upgrade its entire fleet of Airbus to newer, more modern aircraft despite the negative impact to the air travel industry brought by the pandemic, the company said. The company...
German aerial mapping technology company Microdrones has recently appointed Multi Konsultindo Jaya, a Yogyakarta-based consulting, surveying, and mapping service provider, as an authorized distributor of drone surveying equipment throughout Indonesia. As a Microdrones...
Malaysia Aviation Group (MAG), the country’s leading aviation organization, presented its new Sustainability Blueprint to achieve net-zero carbon emissions by 2050. Under the Sustainability Blueprint, MAG has underlined 66 initiatives across 23 sustainability sectors...
Singapore-based aerospace company Kelley Aerospace has officially launched its supersonic unmanned combat air vehicle (UCAV) concept and has reportedly secured over 100 pre-orders for the vehicle. According to Channel News Asia, the company aims to start production at...
The Indonesian Ministry of State-Owned Enterprises and the Ministry of Defense (MoD) is in discussion with German shipbuilder Thyssen-Krupp Marine Systems (TKMS) to potentially procure Type 214 diesel-electric submarines (SSKs) for the Indonesian Navy (TNI-AL). The...
The Philippines and India inked an agreement for the export of military equipment by India into the Philippines. The agreement will serve as guidelines for the policies and procedures in procuring defense items including government-to-government procurement...
Singapore-based MRO specialist SIA Engineering (SIAEC) has signed a preliminary agreement with SR Technics Switzerland to acquire SRT Malaysia, the latter’s local subsidiary unit. SIAEC may potentially acquire a part or the whole of SRT Malaysia. SR Technics had...
The Republic of Singapore Air Force (RSAF) has taken delivery of its first H225M helicopter in Singapore, as part of a contract signed between Airbus Helicopters and Singapore’s Ministry of Defence for the acquisition of H225M Medium Lift Helicopters in 2016....
Thailand’s flag carrier Thai Airways is reportedly looking to acquire from 20 to 30 new aircraft by 2025 to facilitate future air travel needs once the Covid-19 crisis is under control. The estimated cost of the 30 planes could be up to THB 100 billion (approximately...
