SINGAPORE: Asia drives defence spending
Defence spending in Asia is expected to rise by up to 6 percent in 2014. By the end of the decade, Asia is expected to have spent almost US$500 billion…
Growth of budget airlines, new air hubs will reshape aviation sector
The growth of low-cost carriers and the rise of new air hubs will continue to reshape the aviation sector in the coming years, says Transport Minister Lui Tuck Yew. Speaking…
SINGAPORE: Demand for private jets expected to rise
Brazilian aircraft manufacturer Embraer has predicted that world demand for private planes will reach 10000 jets over the next decade. Asia Pacific is expected to take up 17 per cent…