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Thai Air Asia X (TAAX), a low-cost carrier based in Bangkok, is expanding its fleet by adding leased Airbus A330-300 capacity. The airline recently acquired an eighth A330-300 widebody aircraft, which was previously owned by Crianza Aviation and flown by Singapore Airlines. As of the end of the first quarter of 2024, TAAX had a fleet of seven A330-300s, with six of them operational. Despite incurring foreign exchange losses, TAAX reported a net profit of MYR46.4 million ($10 million) for the first quarter. Crianza Aviation, the lessor of the new aircraft, is a Korean aircraft lessor with a portfolio of widebody aircraft. [Extracted from the article]

The article offers updates related to businesses in Asia. The 14th Asian Chemical Congress 2011 will be hosted by the Chemical Society of Thailand in Bangkok, Thailand on September 5-8, 2011. The 9th China International Scientific Instrument and Laboratory Equipment Exhibition will be held in Beijing, China on April 25-27, 2011. The BioIndustry Association (BIA) and trade association NZBIO have signed a memorandum of understanding for a strategic partnership between England New Zealand.

The article focuses on the importance of dynamic partnerships between Singapore and India, and Hong Kong and China to shape the technology and business developments of Asia's two giant economies. The giant economies, China and India, have leveraged Hong Kong and Singapore for the aspirations of the emerging business powers. The two countries will strive to attract skills for management and information technology (IT) talents with continued relationships in both Singapore and Hong Kong. INSETS: Indian and China tussle in Forbes Fabulous 50;China BPO still far from maturity.

This article presents information on the growth of Asia's low-cost air carriers through consolidation. It discusses the average annual growth of Asia's low-cost sector, the offshore joint ventures of large budget carriers in the region, and the establishment of the Value Alliance by the region's low-cost carriers.

The article focuses on notable Asia Pacific law firms in 2013, including the launch of "The Lawyer Asia Pacific 150" report. Topics include the liberalization of the legal market in Asia, the number of mergers and business alliances involving Asia Pacific law firms, and the increase in Asia Pacific-focused international law firms.

Surveys the trend and conditions of the airline industry in Asia. Impact of the Asian financial crisis to the industry; Effect of the alliances to the industry. INSET: The `in' crowd.

Reports that after years of promoting beautiful stewardesses and gracious service, Asian airlines are spending billions on the latest long-haul jets in a bid to become mega-carriers by the end of the 1990's. Japan Air Lines; Boeing cannot make its aircraft fast enough to meet Asian demand; Deal between Cathay and American Airlines; government regulation in Europe and Asia; Carving up the skies in global alliances; Rapid growth of the Asian market; Singapore Airlines.

The article profiles Amarchand & Mangaldas & Suresh A. Shroff & Co., one of the largest law firms in Asia with 550 lawyers. The firm enjoys ties with India's biggest conglomerates, including Tata Group of Companies and Reliance Industries Ltd. as well as mining giant Vedanta Resources. The article also informs that the firm is planning to double in size and revenues by undertaking a reorganization plan, dubbed Amarchand 3.0.

Focuses on package giant United Parcel Service Inc.'s (UPS) rivalry with Federal Express Corp. in Asia. Announcement of a joint venture by UPS, called Unistar Air Cargo, with Japanese partner Yamato; View that the service expands Service's traditional business from small package delivery to include heavy cargo shipments--a direct challenge to Federal Express' struggling business in the region; Discussion on the start up costs of UPS.

The article reports that Rupert Murdoch's Star TV has walked away from its satellite television network partnership with Datakom Asia in 1999. Key issues discussed in the article include background information on the dissolved partnership, problems that plagued the partner companies and where Star TV plans to concentrate its efforts in Asia.

Presents information on the Western-style automatic washing machines from Whirlpool Corp. Fact that a Whirlpool joint venture began manufacturing compact washers with specially designed agitators that won't tangle saris; Discussion of the variations of the same machine, internally dubbed the World Washer, which are also built and sold in Brazil and Mexico; Report that Whirlpool is eyeing exports from those factories to other Asian and Latin American countries; View of the author that the machines, which sell for $270 to $650, are initially expected to make only a modest contribution to the bottom line.

The article offers information on a survey conducted by Frost & Sullivan citing that telecommunication operators in Asia are welcoming partnerships with other providers to gain capabilities and boost innovations. According to the survey, most operators are assessing ways to open up partnerships with other third-party developers to develop third-party applications. The survey also mentions that partnership is the biggest challenge that developed markets are facing.

The article reports that cellular telephone companies across Asia are adding Web 2.0 applications to enhance customer loyalty and to replicate the success of Web-based user-generated content and social networking services. To give equivalent applications to customers, operators are partnering with established social networking Internet players or building their own social networking sites. Meanwhile, Hong Kong took a different approach by launching a Flicker-like photo and video community.

The article reports that Asian companies from Japan to Taiwan are taking the initiative and negotiating some aggressive licensing deals of their own. These companies are piling up patents of their own and using them to create a boom in licensing deals involving Asian companies. The past two years have seen a boom in the number of news making licensing deals in Asia from cross-license agreements to a series of strategic alliances between possible competitors.

This article reports on a strategic cooperation agreement signed by Boehme Filatex Inc. and Ciba Specialty Chemicals to distribute Hipochem garment wet processing chemicals worldwide. The strategic cooperation combines the strength of both companies with the correct quality products, brand market approach and global presence. Boehme Filatex Inc. promotes their products to most of the major U.S. apparel brands for use in their fashion development labs. The major brands have contract laundries worldwide but there are no major garment wet processing suppliers of high technology who are also global in coverage. Worldwide, U.S. apparel brands have 65% of the apparel business. Some apparel brands have contractors in 50 countries. Boehme Filatex Inc. had the right technology but not the infrastructure in Asia. With this, the strategic cooperation made sense for both companies. Boehme Filatex Inc. will sell Hipochem products in the North American Foreign Trade Association countries and the Dominican Republic. Through Supply and licensing agreement, Ciba Specialty Chemicals will manufacture and sell Hipochem products exclusively in the rest of the world.

The firm NT Logistics last month proudly trumpeted a five-year agreement with Isuzu Motors Ltd. in Thailand. Large as it is, the TNT-Isuzu accord is just the latest sign of how hot the automobile manufacturing market is in Thailand, which has earned the label "Detroit of the East" and gotten the attention from the logistics industry to go along with the nickname. All eyes may be on China, but the rapid acceleration of the Thai auto manufacturing market suggests that there's more behind Asia's cargo growth than factories in Guangzho, China.

Focuses on the strategic alliance between financial institution Fubon Group and Citigroup Inc. in Asia as of September 2002. Market capitalization of Fubon; Extension of their insurance businesses throughout Asia; Risks included in the partnership.

Provides information on the top ranking money managers in Asia as of October 2000. Mergers and acquisitions in Asia made by companies, such as Chase Manhattan Corp. and Principal Financial Group; Growth of investments in different sectors; Drop in market shares of companies in Japan; Companies that are forming strategic alliances in China. INSET: How the rankings were compiled.

Focuses on the alliances and foreign investments of Singapore Airlines as of May 2000. Purpose of its foreign alliances and investments; Impact of the economic crisis in Asia to its operations.

The article presents news related to Asian infrastructure and project financing. ABN AMRO Bank has withdrawn from participating in the financing of the Tangshan 100MW power plant project located in Hebei province. The bank would not comment on the matter, but sources close to the project say that the decision to withdraw probably revolved around the element of China risk, not problems associated with the project itself; Financing for the Uch power project in Pakistan is expected to close in May 1996. The World Bank group is meeting in the middle of the month to decide on giving its approval;After months of negotiations and documentation, the bonds to refinance the Bauang power plant in the Philippines have been issued. The US$85 million, 12-year rule 144a bonds were issued amid difficult conditions in the US market, adding one more hurdle to a long, drawn-out deal; Harris Corporation, the US-based worldwide supplier of communications systems and services, has formed four alliances with Indian-based companies. It has entered a joint venture in Hyderabad with ARM, one of the largest private telecommunications equipment manufacturers in India.

The article presents a report on Asia's business families. As new markets open and fresh opportunities emerge, family alliances have grown in number and importance. "Asian business groups, particularly the overseas Chinese, will become an increasingly transnational economic force in the foreseeable future. Analysts have offered various explanations for the rise of Asian family groups. Three are particularly important. Firstly, five years of robust economic growth in the region generated incredible wealth. At the same time, the opening of China has encouraged cross-border investment and provided the first offshore window to many Asian groups. Thirdly, economic prosperity in the home countries of these groups has fostered offshore investment. The governments of Singapore and Malaysia encourage corporate's to broaden their business horizons. In Taiwan, the authorities have relaxed restrictions on capital outflow, something they have tried to control but without much success. Hong Kong and Singapore are the usual jump-off points for the Asian groups' overseas expansion. The two cities are regarded as neutral in many respects and have become favorites for many crucial meetings.

The article focuses on the P2 shipping alliance between the United Arab Shipping (UASC) and China Shipping Container Lines (CSCL), and their efforts in the Asia-Europe trade. Topics covered include the preparations made by UASC like the purchase of post-Panamax container ships in response to international shipping rules obliging use of clean ship fuel, the 2.5-billion dollar shipping deal with Hyundai Heavy Industries, and reorganization of UASC in North America and Europe.

The article reports on the growing number of cross-border alliances and joint ventures in the Asia-Pacific airline market, particularly in the low-cost segment. Negotiations were started by Malaysia's AirAsia to acquire a stake in Jetstar Pacific. There is also a plan by AirAsia to establish a low-cost carrier in the Philippines. Scoot is a long-haul, low-cost subsidiary established by Singapore Airlines in response to the growing market share of AirAsia X and Jetstar.

The article reports on the need for independent airline maintenance companies to establish new alliances in an effort to remain competitive in 2011 in the Asian market. It is asserted by Air France Industries' president Franck Terner that competition allows the control of costs as an airline. It mentions the initiation of EADS NV's Flight Hour Services (FHS) programme which can be complemented with maintenance, repair and overhaul (MRO) providers.

The article focuses on the Singapore-based airline industry company Tiger Airways Holdings. The company's effort to create joint ventures with three separate low-cost airlines based in different companies in Asia is discussed. Chief Executive Officer (CEO) Tony Davis states that the company's plan is to establish multiple operators of a single airline brand.

The article reports that custody business is growing fast in Asia. Market optimists predict that the industry will experience 20% growth annually for the next few years. Given the pockets of opportunities in the region, some global service providers have also taken steps to establish closer ties with the local players. Deutsche Bank, for example, bought two books of local custody business in India to increase their domestic market share. Notes Leow Chong Jin, head of client management Asia Pacific at Deutsche Bank: "We have started offering local fund accounting services in a number of markets, such as India, Malaysia, Indonesia, Singapore and Korea, the latter via our Korean alliance partner - Abram." China remains an interesting market for providers, due to its scale and the country's rapid economic development. For the time being, foreign custodians are excluded from doing business in China: local clients must employ domestic banks to provide custodial services. Yet, foreign providers are optimistic that the China market will become more open.

Focuses on the alliance between airline companies in the Asia/Pacific region. Significance of the resignation of Jim McCrea as chief executive for Air New Zealand; Information on the companies involved in the alliance; Reason behind McCrea's resignation.

Discusses the economic readjustment of the Singapore Airlines after the financial crisis in Asia as of May 2000. Purpose of its consideration of foreign alliances and investments after the crisis; Details on some of its initial public offerings.