BusinessTechnology

US Electronic Waste Floods Southeast Asia in Regulatory Evasion, Environmental Watchdog Finds

Millions of tons of American electronic waste are being illegally shipped to developing nations in Southeast Asia, according to a new environmental report. The investigation uncovered widespread regulatory evasion and dangerous handling practices that threaten both environmental and human health.

Massive E-Waste Export Operation Uncovered

A comprehensive two-year investigation has revealed that United States-based companies are shipping millions of tons of electronic waste to developing countries in Southeast Asia, creating what environmental watchdogs describe as a “hidden tsunami” of toxic materials. According to the report from the Seattle-based Basel Action Network (BAN), at least 10 American companies are exporting used electronics to Asia and the Middle East, often bypassing international regulations and environmental protections.

AviationBusiness

AirAsia Reportedly in Preliminary Investment Talks With Vietnam’s Vietravel Airlines

Malaysia’s AirAsia is reportedly in preliminary talks to acquire a stake in Vietnam Travel & Marketing Transports JSC. Sources indicate the discussions focus on expanding AirAsia’s presence in Vietnam’s rapidly growing aviation market while navigating foreign ownership restrictions.

AirAsia Explores Strategic Investment in Vietnamese Carrier

Malaysia-based AirAsia is reportedly in early stage discussions to acquire a stake in Vietnam Travel & Marketing Transports JSC, commonly known as Vietravel Airlines, according to people familiar with the matter. Sources indicate that Tony Fernandes, the chief executive officer of Capital A Bhd., is leading the talks as the aviation group seeks to expand its footprint in Vietnam’s rapidly growing market.