The International Air Transport Association’s chief economist recently suggested that Asia could be the first to recover from the global economic downturn because of its higher rate of personal savings than the US or Europe. Rapid economic growth has been transforming the economies of Southeast Asia for some time now and the new Asia ‘tigers’ are now starting to make their mark on the scene.

Countries like Vietnam are now garnering substantial foreign investment and attracting air cargo business. Others who came earlier, like Singapore, Malaysia and Thailand continue to build infrastructure and grow their air cargo volumes while others like Indonesia and the Philippines have yet to fully realise their potential. The Southeast Asia Air Cargo Supplement in the August edition of Payload Asia will examine the state of the industry in this dynamic region. For advertising in the August supplement, please contact Alvin Lim of Reed Business Information at email: alvin.lim@ rbi-asia.com or call him at +65 6780 4521 (GMT +8). For editorial coverage please contact Donald Urquhart at email: [email protected] or call him at +65 6780 4396 (GMT +8).