The Philippine Economic Zone Authority (PEZA), a state agency tasked to promote investments in export manufacturing in the country, is eager to turn the country’s military reserves into a specialized economic zone dedicated to the defense manufacturing industry....
Indonesia, the world’s largest archipelagic nation, is looking to renew and increase the strength of its naval arsenal. Indonesian state-owned shipbuilder PT PAL has engaged German naval consultancy, MTG Marinetechnik, and Turkish engineering firm FIGES AS to...
As part of ongoing efforts to develop Subang Airport (SZB) into an aviation hub in the Asia-Pacific region, Malaysia Airports Holdings Bhd (MAHB), one of the world’s largest airport operator groups, has started the MYR 1.3 billion (USD 314 million) Subang Airport...
Triumph Aviation Services Asia (TASA), a subsidiary of Triumph Group headquartered in Pennsylvania, has entered into an MoU with Thai Aviation Industries (TAI), a certified repair station under the Civil Aviation Authority of Thailand (CAAT). The MoU expresses both...
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...
