Asia-Pacific (APAC) News

Asia-Pacific (APAC)

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China’s planned military training site at a Laotian airport raises regional concerns over PLA reach

China’s plan to use an airport in Laos for joint military training is prompting concern across Southeast Asia about the extent of the People’s Liberation Army’s regional presence. The proposed site places questions of military access and influence at the center of regional security discussions.

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TCab Tech and Malaysia’s SIDEC explore E20 eVTOL commercialization

Chinese eVTOL developer TCab Tech has signed an MOU with Selangor Information Technology and Digital Economy Corporation to explore commercializing its five-seat E20 electric aircraft in Malaysia. The agreement also aims to support the company’s expansion across Southeast Asia; the parties have not disclosed specific commercial or operational plans.

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Reuters

High activity

AirAsia seeks RM4.2 billion in funding amid talks with Malaysian government

AirAsia is seeking RM4.2 billion ($1 billion) in new funding as higher operating costs strain the low-cost carrier. Co-founder Tony Fernandes met Malaysian finance ministry officials, according to Reuters-cited sources, while denying that he requested financial assistance from the government.

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