PT Garuda Indonesia (GIAA) enjoyed steady growth in 2012 as net profits soared 72.6 per cent to US$110.6 million year-on-year, the Indonesian national flag carrier announced on Wednesday. The publicly listed company attributed the
Bolstered by the country’s strong economic performance and with domestic and in-bound travel growing, luxury brands are planning to expand their activities in Indonesia with the opening of more than 4,000 rooms over the
Trade between Malaysia and Australia is expected to build up from its current double-digit growth momentum both ways, said Malaysia External Trade Development Corp (Matrade) chief executive officer Dr Wong Lai Sum. Wong said
Myanmar has the strong political will and commitment to continue with economic reform and the creation of a favourable investment climate, the country’s deputy minister for national planning and economic development said yesterday. Set
Vietnam will further concerted efforts to attract and effectively use foreign direct investment (FDI), pledged Vietnam Prime Minister Nguyen Tan Dung at a national conference held yesterday in Hanoi. Reviewing the nation’s 25 years
While this year’s Bangkok International Motor Show could set a new sales record of 60,000 orders, major auto-makers are not only looking at the Thai market but also all of Asean. “Asean is such
The annual number of Chinese residents travelling overseas will reach 200 million by 2030, a global travelling solution supplier predicted. The barriers for Chinese residents to travel overseas, such as visa requirements and transportation
Myanmar’s Ministry of Information has given approval for eight more dailies, including Eleven Media Group’s The Daily Eleven andAung San Suu Kyi’s National League for Democracy’s D Wave,to begin publishing from April 1, state
The United Nations Development Programme (UNDP) is helping the government to turn Laos into a middle-income country by 2020. According to the United Nations Department of Economics and Social Welfare, the 2012 Gross National
BMW Group Malaysia expects to sell 55 BMW HP4 high performance motorcycles this year. BMW Motorrad head Fazli Hisham Shukor said the group had already received good response for the newly launched bike. “As