Having bounced back from a lean period in 2008-09, when its main airport was shut by protests and overseas visitor numbers fell following the onset of the global economic downturn, Thailand’s aviation industry is now looking to expand its ground facilities and fleet size.
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Economic update | Thailand: Gaining altitude
27 May 2011
Economic update | Nigeria: Stalled flight
26 May 2011
Nigeria’s efforts towards improving the safety of its aviation sector, in the wake of a disastrous 2005 and 2006, have finally begun to pay dividends, as international recognition of the regulatory upgrades paves the way for greater efficiency and an improved business climate for the country’s domestic airlines. However, a concomitant proliferation of fees and charges has sparked an outcry from carriers who are continuing to grapple with an extremely competitive marketplace.
Economic update | Kuwait: Port plans
25 Apr 2011
Kuwait’s ambition to become a leading trading centre for the region took a step forward earlier this month, when the foundation stone for the new Mubarak Al Kabir port was laid, at a ceremony attended by Emir Sheikh Sabah Al Ahmed Al Jaber Al Sabah.
Economic update | Malaysia: Public transport push
7 Mar 2011
With work set to begin on Kuala Lumpur’s Mass Rapid Transit (MRT) network this summer, its supporters hope that the 150-km rail system will ease transportation congestion in the capital and boost economic growth. However, some sceptics are doubtful that the project can deliver on all of its promises and think the money would be better spent on improving the existing system.
Economic update | Oman: On track
24 Feb 2011
Oman is pushing ahead with plans to deploy a nation-wide rail network, with this excepted to boost the economy by expanding logistics capacity and linking up the Sultanate’s ports and production centres.
Economic update | Sabah: Of cars and cabotage
14 Feb 2011
A recent state government announcement that it was licensing an automobile manufacturing plant to make parts for luxury passenger vehicles could lead to new jobs and a much-needed new industry sector, boosting Sabah’s export potential. However, manufacturers have voiced concerns that this might be affected by a controversial Malaysian government policy – cabotage – and its effects on Sabah’s efforts to develop new industries.