Thai Airways International (THAI) on Monday moved to allay concerns among its customers after they began receiving a notice from the Central Bankruptcy Court, which is scheduled to hear the debt-ridden national carrier’s rehabilitation plan in August. THAI said in a statement that the notice was part of the court process now that the airline […]
Read MoreMANILA, Philippines — Credit growth slowed down in April, ending five straight months of faster loan disbursements as containment measures such as the enhanced community quarantine to limit the spread of the coronavirus disease or COVID-19 outbreak took its toll on economic activity, according to the Bangko Sentral ng Pilipinas (BSP). Preliminary data released by […]
Read MoreThe Hanoitimes – Garments and household appliances are out of the top purchase list of Vietnamese consumers in the rest of the year. Food and essential goods are expected to be on top of the purchase list of Vietnamese consumers in the next six months, according to the latest survey about how Vietnamese consumer behaviors are […]
Read MoreMANILA, Philippines — A cross-border exchange of leisure travelers from the provinces of Western Visayas, driven by the reopening of Boracay, is a good move for the takeoff of the domestic tourism market in the country, according to an industry group. “If we could come up with coronavirus disease 2019 or COVID-19 protocols for province to […]
Read MoreIndonesia’s foreign debt growth accelerated in April, driven mainly by the government’s issuance of sovereign debt papers (SBN) and global bonds to cover for the widening budget deficit to fund its COVID-19 fight, Bank Indonesia (BI) announced on Monday. The external debt of Southeast Asia’s biggest economy, which includes borrowing by the government and the […]
Read MoreThe Tourism Authority of Thailand’s (TAT) China office is tempering enthusiasm that many Chinese tourists will visit in the second half this year as travel restrictions ease, as low Chinese purchasing power for outbound trips persists and an uptick in new infections emerges in Beijing. The surging unemployment rate of 6% or 27 million on […]
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