Airports of Thailand (AoT) said it expects passenger numbers and revenue to fall by 50% in 2020 as a result of the coronavirus crisis. AoT, which manages six airports including Bangkok’s main Suvarnabhumi, on Wednesday forecast a 50.7% year-on-year drop in revenue for its 2020 fiscal year and a 42.2% fall in 2021. If a […]
Read MoreMANILA, Philippines — The Securities and Exchange Commission (SEC) has warned against Bitcoin Revolution, which presents itself as a cryptocurrency trading program supposedly endorsed by government officials, businessmen and celebrities. In a June 16 advisory, the SEC urged the public to stop investing in schemes offered by Bitcoin Revolution or any other entities engaged in […]
Read MoreCambodia’s Sea Festival celebration is to go ahead as planned late December this year, which will be held in Sihanoukville town, aiming to promote the Kingdom as a potential tourism destination to the world. The festival is held every year in different coastal provinces – Kampot, Kep, Preah Sihanouk and Koh Kong on a rotating […]
Read MoreVIETNAM’S landmark telco network-sharing deal will offer little uplift to private-sector players, as state-linked operators still have the upper hand in the market, according to analysts. Viettel, VNPT-Vinaphone, GMobile and MobiFone recently agreed to share some 1,200 base transceiver stations, while privately-owned Vietnamobile did not take part in the arrangement. “The state remains a dominant […]
Read MoreHotels are desperate to cut room rates in the scrum to draw domestic tourists following the state’s subsidised tourism packages, hoping to gain any occupancy before the country opens up to foreign travellers. After provincial orders to close hotel operations in many provinces since April, the vast majority of hotels are restarting their businesses, aiming […]
Read MoreThe Hanoitimes – This law version bans the debt collection service. The National Assembly (NA) on July 17 approved the revised Law on Investment with the endorsement of 92.34% of its deputies present, with several major changes. Among new changes in this law version, the debt collection service has now been banned. Meanwhile, the law also […]
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Thailand
