Budget
China’s Xpeng prices new budget EV at US$16,813
CHINESE electric vehicle maker Xpeng priced the first model of its budget sub-brand MONA at US$16,813 on Tuesday (Aug 27), wedging into the mainstream but highly competitive segment of...
Budget carrier AirAsia gets US$443 million private credit funding
BUDGET carrier AirAsia Bhd has secured a US$443 million dual-tranche private financing to use partly for refurbishing planes grounded during the pandemic, according to sources familiar with the matter.Private...
Top Thai budget carrier expects 2024 core profit to hit record
ASIA Aviation, owner of Thailand’s biggest low-cost airline, expects record earnings from core operations this year as a surge in overseas visitors boosts seat demand and airfares.Thai AirAsia, the...
Top Thai budget carrier expects 2024 core profit to hit record
ASIA Aviation, owner of Thailand’s biggest low-cost airline, expects record earnings from core operations this year as a surge in overseas visitors boosts seat demand and airfares.Thai AirAsia, the...
Stellantis, Leapmotor to start sales of budget EVs in nine European countries in September
AUTOMAKER Stellantis will start to sell electric vehicles (EV) from its Chinese partner Leapmotor in nine European countries from September to expand its offer of budget cars, CEO Carlos...
Stellantis takes on China budget EVs with Leapmotor sales in Europe
STELLANTIS will take on China’s budget electric vehicle (EV) players in Europe with two models from Chinese joint venture (JV) partner Leapmotor starting in September and other regions to...
Aramco to pay US$31 billion dividend as Saudi posts budget deficit
ARAMCO will pay US$31 billion in dividend to the Saudi government and other investors despite lower profit, as the kingdom’s economy continues to struggle with a budget deficit.The world’s...
Saudi Arabia posts budget deficit of US$3.3 billion in first quarter
SAUDI Arabia posted a budget deficit of 12.387 billion riyals (S$4.4 billion) in the first quarter of 2024, the finance ministry said on Sunday, after lower oil revenues and...
