Air passengers and travel agents are not happy about airlines’ refund policies as the COVID-19 pandemic hits air travel demand. A recently issued government policy that bans all passenger travel further exacerbates the situation. Chandra Hidayatul Akbar, 24, who lives in Medan, North Sumatra, has to accept the fact that low-cost carrier AirAsia Indonesia will only give […]
Read MoreKUALA LUMPUR, April 24 — The Finance Ministry has identified three short-term objectives as part of its plans to boost the economy after taking a hit from the movement control order (MCO) to battle the Covid-19 pandemic. Its minister Senator Tengku Datuk Seri Zafrul Tengku Abdul Aziz said in a press statement today that his […]
Read More9F Group, a leading Chinese digital platform integrating and personalising financial service, said this week that it has teamed up with Chief (Cambodia) Commercial Bank (CCB) to introduce a new digital solution in the lending market. The group, which aims to further strengthen Southeast Asian market footholds, said it has reached a strategic cooperation with […]
Read MoreThe Energy Ministry approved a plan on Thursday to charge mid-sized and large businesses for electricity at cost instead of mandatory minimum pricing from April to June, another relief measure to help shuttered companies with their power bills. The decision came after calls from the Federation of Thai Industries (FTI) and the Thai Chamber of […]
Read MoreMANILA, Philippines — Domestic trade grew marginally in terms of volume and contracted in terms of value in 2019, the Philippine Statistics Authority (PSA) said yesterday. Final results of the 2019 Highlights of the Domestic Trade Statistics in the Philippines showed that the total volume of domestic trade grew slightly by 0.4 percent to 25.89 […]
Read MoreA draft development policy for Small and Medium Enterprise (SME) and a new SME definition has been sent to the Ministry of Economy and Finance’s Economic and Financial Policy Committee (EFPC) for review and approval, according to a senior official. “In major countries, SMEs are considered a crucial sector for the economy, with SMEs contributing […]
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Thailand
