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Vietravel Airlines, which has leased one aircraft from Cambodia Airways, has asked the carrier for three more this year. In June, Vietravel Airlines took delivery of an Airbus A319 to increase its fleet to four. It will get an Airbus A320 from the Cambodian…
AirAsia Cambodia remains on track to start flying in the fourth quarter of 2023 and is spurring majority shareholder, Capital A, to look towards other new markets in Southeast Asia “that deserve an airline,” according to Capital A CEO Tony Fernandes. Speaking…
Carousell, a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, to reduce costs amid a challenging market condition for the tech industry. The…
Trade between Vietnam and Cambodia reached a record US$7.7 billion in the first eight months of the year. Vietnam’s exports rose by 32% year-on-year to $4.1 billion, as the country turned last year’s deficit into a surplus, according to its customs…
Asia’s low-fare carrier, AirAsia, is reportedly offering five million free seats to its passengers to celebrate its rapid comeback. The airlines launched a sale on tickets on September 19. The customers can buy tickets with offers till September 25. The…
Big C Supercenter Plc, a leading retail operator in Thailand, has acquired Kiwi Mart — a convenience store chain in Cambodia — via its Cambodian subsidiary to strengthen its retail business in the neighbouring country. According to Gary Hardy, an adviser of…
Vietnam Airlines has sold a 35 percent stake in Cambodia Angkor Air for US$35 million. It had bought a 49 percent stake in the Cambodian carrier in 2009 and promised to help it expand. But in 2020 it had expressed its intention to sell of its stake due to…
AirAsia has resumed flights between Kuala Lumpur and Siem Reap, Cambodia. The airline will operate the route with two flights per week on Mondays and Fridays. Flight AK540 is scheduled to depart from Kuala Lumpur International Airport 2 (klia2) at 13:05,…
Vietnam bought nearly 80 percent of Cambodia’s nearly $5 billion worth of agriculture exports last year. It bought 96-99 percent of Cambodia’s cashew, pepper and mung bean exports, according to a report by Cambodia’s Ministry of Agriculture, Forestry and…
MB and Shinsei Bank signed a master agreement on the establishment of a commercial joint venture bank in Cambodia on Dec. 2. Both parties agreed that after obtaining the approval of the state agency on the establishment of a commercial bank in Cambodia with a…
AirAsia Group chief executive Tony Fernandes has urged governments to stop “overreacting” to the emergence of the new Omicron variant of Covid-19 and focus on reducing the cost of PCR testing instead. “It’s a huge overreaction. We don’t know anything about…
AirAsia is resuming flights from Bangkok to Cambodia’s capital Phnom Penh starting December 22. The Southeast Asian country recently lifted restrictions to allow fully vaccinated foreign travelers to enter without undergoing quarantine. Next month, flights…
Cambodia’s exports to Vietnam nearly quadrupled to $3.7 billion in the first nine months of this year, according to statistics from the General Department of Vietnam Customs. Cambodia increased its exports of vegetables and fruits by 61 percent, cashew by 595…
AirAsia Group has formed a new holding company for its four airline units, in a group-wide business reorganization to better distinguish its airline and digital ventures. The group says its four airlines — in Malaysia, Philippines, Thailand and Indonesia —…
Coffee farmers in Colombia, the world’s No. 2 arabica producer, have failed to deliver up to 1 million bags of beans this year or nearly 10% of the country’s crop, leaving exporters, traders, and roasters facing steep losses, industry sources said. World…
Italian home accessories and lifestyle brand, Frette, has expanded its footprint in Singapore with its first boutique in Marina Bay Sands. The store also marks the brand’s first mono-brand boutique in the territory. Designed by Milan-based architecture studio…
