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Malaysia’s Capital A on track to complete restructuring plan by June amid strong operational momentumMalaysia-based Capital A Berhad has reaffirmed its confidence in completing its proposed regularization and restructuring plan by June 2025, citing continued progress across key regulatory, financial, and operational milestones. The firm said in a statement on Friday that the MYR 1 billion ($230 million) private placement for its budget airline AirAsia X is close to completion, with a...0 Comments 0 Shares 40 Views 0 Reviews
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Asia and the Pacific needs grid upgrade to drive energy transition, says ADB reportInadequate investment in power grids is holding back developing countries in Asia and the Pacific from embracing the full benefits of an energy transition, including enhanced energy security, the creation of millions of green jobs, and the expansion of electricity access, the Asian Development Bank (ADB) said in its new report. ADB said in a statement on Monday that the bank calls for the...
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Taiwan’s Pegatron partners Telkomsel to accelerate smart manufacturing transformation in IndonesiaPegatron, a Taiwan-based technology firm, has partnered with Telkomsel, an Indonesia-based digital telecommunications provider and first 5G operator, to accelerate smart manufacturing transformation in Indonesia. The duo said in a statement on Tuesday that Pegatron has officially inaugurated its new smart manufacturing facility in Batam, Indonesia. The factory combines advanced Artificial...0 Comments 0 Shares 32 Views 0 Reviews
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Left then right, then EV: Chinese car maker SOUEAST unveils ambitious global playChinese car maker SOUEAST has unveiled a strategic three-stage plan for the next few years, beginning with internal combustion engine (ICE) and plug-in hybrid electric vehicle (PHEV) in left-hand drive markets, moving to a balanced portfolio for right-hand drive regions, and ultimately prioritizing EVs for the European Union by 2030. “From 2024 to 2025, SOUEAST will focus on ICE...0 Comments 0 Shares 36 Views 0 Reviews
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