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Cathay Pacific Airways, the third most highly ranked airline globally last year, has announced its potential to realize a profit surge of up to 76% for the first half of this year. This surge, driven by robust passenger and cargo demand, is in comparison with…
Cathay Pacific, headquartered in Hong Kong, has unveiled its intention to release three-year benchmark-sized Hong Kong dollar senior unsecured fixed-rate notes. The airline has set the initial price guidance in the area of 4.1%. Details of the Bond Issuance…
Cathay Pacific Airways has announced that it will reduce several flights from mid-May until the end of June due to escalating jet fuel prices, influenced by the ongoing crisis in the Middle East. The company plans to eliminate approximately 2% of its…
Qantas Freight, a subsidiary of the Australian airline Qantas, recently announced the launch of its dedicated freighter services to Singapore. These services, which are expected to begin on April 3, 2026, will operate twice a week and include stops in Sydney,…
Global express service giant, DHL Express, has recently announced the appointment of Herbert Vongpusanachai to the position of Senior Vice President, Commercial for Asia Pacific, effective April 1, 2026. Vongpusanachai, in his current role as Managing…
Levi Strauss & Co has recently named Vicky Skelton, an experienced executive within the company, as the new Managing Director for East Asia Pacific. This move comes as part of the denim giant’s strategy to boost growth in this key region. Vicky Skelton’s New…
Google Cloud has unveiled TalayLink, an innovative subsea cable system that connects Australia and Thailand. This system represents a significant move towards bolstering digital infrastructure and network resilience throughout the Asia Pacific region.…
Qatar Airways, the Doha-based airline, is set to divest its entire stake in Cathay Pacific Airways, a move that will mark its departure from the Hong Kong airline after an eight-year association. The transaction is estimated to be worth approximately $897…
The Asia Pacific region is becoming an increasingly significant catalyst in bolstering worldwide trade resilience, despite international commerce encountering numerous challenges due to policy fluctuations. This finding is part of a recent update to the DHL…
DHL Express, the internationally recognized express service provider, recently announced the appointment of Karen Tan as the Chief Information Officer (CIO) for the Asia-Pacific region. Tan, who is based in Singapore, will assume the position currently held…
In a remarkable shift, delivery has emerged as the leading channel in Asia Pacific’s foodservice market, skyrocketing from 10% in 2019 to a projected 23% by 2024, according to the latest insights from Euromonitor International. This evolution is part of a…
The Cathay Group announced its annual results for the year 2024, showcasing a solid financial performance driven by stronger cargo demand, higher passenger volumes, lower fuel price and higher cost efficiencies compared with the previous year. The Cathay…
SES and international mobile network operator Digicel will extend their partnership to provide the Kingdom of Tonga with long-term disaster resiliency to minimize bandwidth disruptions. Under the agreement, Digicel will benefit from SES’s expertise in…
Advancing connectivity between the Asia-Pacific and North America regions, Facebook is set to build two new subsea cables — Echo and Bifrost — with leading regional and global partners. These subsea cables will connect Singapore, Indonesia, and North America,…
Budget carrier Cebu Pacific will be laying off more employees across the board, as the airline industry reels from the effects of the coronavirus pandemic. At least 30% of the 4,000-member workforce, or around 1,200 employees, could be affected by “layoffs or…
Budget carrier Cebu Pacific is extending its free rebooking and travel option for passengers with booked flights until June 30. The airline decided to adjust its booking policies to provide its passengers with “flexibility and peace of mind,” in case they…
