Garuda Indonesia will buy 100 planes worth IDR 37.5 trillion

In order to strengthen its position in commercial aviation, PT Garuda Indonesia (Persero) Tbk will gradually increase the number of aircraft. The company's ambition is to bring 100 units of aircraft until 2015. President Director of Garuda Indonesia, Emirsyah Satar...

Singapore's APL to quit Westbound Transpacific Stabilisation Agreement

SINGAPORE's APL, the container shipping arm of shipping group Neptune Orient Lines (NOL), is quitting the Westbound Transpacific Stabilisation Agreement (WTSA), the discussion forum covering the westbound trade from the US to Asia, with effect from September 1. APL...