ONYX Hospitality Group will make its debut in Malaysia with the OZO Penang. Scheduled to open in 2016, the OZO Penang will be the group and brand's pioneer property in Malaysia. The property will be located in the centre of Georgetown and will feature 132 guestrooms, meeting rooms, all-day dining, fitness centre and a grab-and-go food outlet. OZO recently opened its first property in Hong Kong earlier this year and management agreements have been signed for projects in Thailand and Sri Lanka.

NAM Air, a new airline is set to be launched in Bali and will serve both domestic and international routes. Jakarta-based Sriwijaya Air, Indonesia's third largest carrier after Garuda and Lion Air, has received permission for its new airline, NAM Air, to operate 300 domestic and international routes, including East Timor, Malaysia, Papua New Guinea, the Philippines and Singapore. NAM Air is anticipated to start operations by 2013 and is expected to offer low-cost fares and a limited range of services.

Vietnam's Ministry of Transport has released a draft blueprint for the development of the country's railway infrastructure. The development plans are understood to comprise of three main elements - upgrading the country's existing railway lines, the development of a new double-track broad gauge line connecting Hanoi and Ho Chi Minh City and the development of two express railway sections. Currently, a train ride between Hanoi and Ho Chi Minh City takes about 30 hours on the single-track gauge railway line. By improving the existing track, it is anticipated that the train ride will be shortened to 21 hours. The total cost for upgrading the current railway line is understood to be an estimated VND40 trillion (US$1.9 billion).