AirAsia’s 100-jet Paris order pits Airbus A220 against Embraer

AirAsia’s 100-jet Paris order pits Airbus A220 against Embraer

[PARIS] Low-cost carrier AirAsia is poised to order about 100 regional jets at the Paris Air Show next week, with the Malaysian airline still undecided between the Airbus A220 or Embraer’s E2, according to people familiar with the matter. Negotiations with the manufacturers are coming down to the wire, said the people, who asked not…

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Singaporean Man, 58, Sentenced to 31 years’ Jail for Drug Trafficking and Money Laundering; Avoids Death Penalty by 0.01g

Singaporean Man, 58, Sentenced to 31 years’ Jail for Drug Trafficking and Money Laundering; Avoids Death Penalty by 0.01g

A 58-year-old Singaporean man was sentenced to 31 years in prison for drug trafficking and drug money laundering offences, avoiding the death penalty by 0.01g. Mesnawi Dahri was arrested by the Central Narcotics Bureau (CNB) officers while in possession of not less than 14.99g of diamorphine, or “pure heroin”, for the purpose of trafficking. According…

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South-east Asia’s polymer production crisis worsens as US-China trade shift looms

South-east Asia’s polymer production crisis worsens as US-China trade shift looms

[SINGAPORE] South-east Asia’s petrochemical industry is facing a double whammy of weakening export demands and potential import surges, as trade tensions could redirect US polymer to the region’s already-saturated market, sustaining pressure on production. Polyethylene (PE) and polypropylene (PP), as crucial downstream segments, are encountering “considerable challenges” in the region, noted commodity markets intelligence firm…

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