The latest downgrade of debentures issued by Thai Airways International Plc (THAI) does not affect its current liabilities, but a close watch is warranted for creditors deciding on the business rehabilitation petition, say analysts. Tris Rating has downgraded the company’s rating and the ratings on senior unsecured debentures of financially beleaguered THAI to default following […]
Read MoreMany tour operators and international travel websites seem to have a misunderstanding that the just-issued Resolution 79/NQ-CP on e-visas for 80 countries and territories will lead to the reopening of international travel from early July. The Vietnamese Government on May 25 issued the resolution listing 80 countries and territories whose citizens would apply for e-visas to […]
Read MoreThe Ministry of Post and Telecommunications (MPTC) has called all cellular operators to improve their signals in the Kingdom, as the network experiences a surge in use because of growth and COVID-19 isolation policies. The MPTC stated, there are “spotty” cellular signals in some areas and assigned the Telecommunication Regulator of Cambodia (TRC) to conduct […]
Read MoreMANILA, Philippines — With time running out, businessmen on Thursday called on Congress to quickly pass the Duterte government’s revised corporate tax reform bill, saying the measure would serve as companies’ main fix to the destruction of the coronavirus pandemic. A “bold” and “historic economic” reform is needed to help firms recover and counter the effects of the […]
Read MoreNon-cash payments have increased sharply, especially through mobile devices and the internet, according to the State Bank of Vietnam. Non-cash payments have increased sharply, especially through mobile devices and the internet, according to the State Bank of Vietnam. Speaking at a press briefing in HCM City on Tuesday to announce a series of events for […]
Read MoreWith its “fortune hanging in the balance”, the chief of Thai AirAsia (TAA) says it may merge with another low-cost carrier (LCC) to clamp down on pricing wars once flights eventually resume in the country. If Thailand does not resume tourism activities by July, TAA’s chairman said next year the company would begin laying off […]
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