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C919 to make its first flight in 2014 and start service 2016

The company is working on detailed designs of the plane after passing a preliminary technical review by the Chinese government in December. The C919 is due to make its first flight in 2014 and to enter service two years later.

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The Comac C919 is a planned family of 168-190 seat narrow-body airliners to be built by the Commercial Aircraft Corporation of China (Comac).

COMAC hopes to have as many as 300 orders and commitments for the plane by the end of this year.

The Comac C919 is a planned family of 168-190 seat narrow-body airliners to be built by the Commercial Aircraft Corporation of China (Comac).

The Comac C919 is a planned family of 168-190 seat narrow-body airliners to be built by the Commercial Aircraft Corporation of China (Comac).

The company is working on detailed designs of the plane after passing a preliminary technical review by the Chinese government in December. The C919 is due to make its first flight in 2014 and to enter service two years later.

The jet will be 20 percent lighter and 10 percent cheaper than existing aircraft of similar size, as it will be built with composite materials and aluminum-lithium alloys.

To meet its 2014 deadline, the Chinese company will probably have to assemble its first C919 within a year of completing the detailed designs. The plane maker may struggle to achieve this, given that Airbus and Boeing, which have more experience, usually take longer.

via C919|China|chinadaily.com.cn.

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Giant Thai-Chinese wholesale hub opens in Bangkok’s Pratunam

The region’s largest wholesale hub features products from China at wholesale prices, and products from Thai manufacturers to export to China.

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Asset World Corporation (AWC) has launched the region’s largest wholesale hub in the Pratunam area of Bangkok, housed in the old Pantip Plaza tech mall.

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Thailand remains in pole position for the highest funds raised across Southeast Asia

Taking the top two spots on the region’s leaderboard this year are Thailand’s Central Retail Corporation Public Company Limited and SCG Packaging Public Company Limited with US$1.77 billion and US$ 1.27 billion funds raised respectively

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Thailand’s Central Retail Corporation Public Company Limited raised US$1.77 billion in 2020

THAILAND, 26 November 2020 — Capital markets across Southeast Asia stayed resilient in 2020 despite a host of uncertainties from the evolving global health crisis to the worsening US-China trade tensions and the impact of the US presidential elections.

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Thailand’s antitrust agency under scrutiny over $11 Billion Tesco Deal Approval

With the Tesco deal approved, CP Group will gain control over a network of about 2,000 hypermarket and grocery stores across Thailand, and the group already operates 7-Eleven convenience stores and the Siam Makro chain.

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Thailand’s largest conglomerate, Charoen Pokphand Group (CP) won on Friday the Thai antitrust agency’s approval  for acquisition of retail giant Tesco Lotus: the Office of Trade Competition Commission (OTCC) voted 4:3 in favour of the US$10-billion takeover deal.

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