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AirAsia urges eased Asean travel rules

AirAsia is pushing regional governments to relax travel rules to revive intra-Asean tourism. Europe and the US seem to have adopted an endemic approach to Covid-19, while Southeast Asia might be the last region to reach that stage, said Tony Fernandes, chief executive of Capital A, parent firm of AirAsia Aviation Group Ltd (AAAGL). Many […]

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Thailand: Inflation worries take steam out of shares

Recap: Global stocks extended declines on Friday as hotter-than-expected consumer prices raised fears the US Federal Reserve will lift interest rates faster to fight inflation. The SET index moved in a range of 1,667.29 and 1,708.03 points this week before closing yesterday at 1,699.20, up 1.49% from the previous week, in high daily turnover averaging […]

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Vietnam to soon restore regular international flights

The Ministry of Transport will report to the Prime Minister on the results of the resumption of international routes this February. The Civil Aviation Authority of Vietnam is urged to organize the resumption of international commercial flights to Vietnam to the pre-Covid-19 pandemic level. Deputy Minister of Transport Le Anh Tuan requested the Civil Aviation Authority of Vietnam (CAAV) to continue discussing with foreign aviation authorities on reopening […]

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Thailand: Citi upbeat on cyclical industries amid GDP dip

Citibank forecasts global GDP growth to decelerate to 3.8% this year as the world economy enters a slowdown amid growing inflation and imminent interest rate hikes, though it remains optimistic about the growth of cyclical industries with long-term growth. Citibank analysts recommend investors focus on long-term leaders that yield positive and consistent returns such as […]

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