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Thailand: Flight ban extended again

The ban on all commercial flights into Thailand has been extended to April 18, as the government ramps up efforts to prevent clusters of Covid-19 infections among travellers from abroad. The decision was taken in response to growing concerns among officials that healthcare facilities in the country — including quarantine venues — will be overwhelmed […]

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Moody’s places five Vietnamese financial institutions on review for downgrade

The Hanoitimes – An upgrade is unlikely, given the review for downgrade. Moody’s Investors Service has placed the long-term ratings and assessments of three Vietnamese finance companies and two Vietnamese banks on review for downgrade. The three finance companies are VPBank Finance Company Limited (FE Credit), Home Credit Vietnam Finance Company Limited (HCV), and SHB Finance […]

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Philippines: Shippers told to remove ‘overstaying’ cargoes in choked Manila ports

MANILA, Philippines — The Department of Transportation and the Philippine Ports Authority on Tuesday called on cargo shippers and consignees (recipients) to pull out “overstaying cargoes” clogging Manila ports, with yard utilization reportedly exceeding 90%. “The last time we called the attention of cargo shippers, and consignees, they pulled out their overstaying cargoes and we […]

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Thailand: 144,000 lose jobs in shutdown

More than 140,000 employees lost their jobs last month due to the fallout from the Covid-19 pandemic, according to the Department of Employment. The Employers’ Confederation of Thai Trade and Industry has also estimated that from March until the end of the pandemic, at least 6.5 million will be put out of work, if migrant […]

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