Times are tough for Asian airlines, so tough that one has taken to social media to try to offload unwanted aircraft. Malaysia Airlines (MAS) has posted the planes on its LinkedIn site in the hope of attracting bidders. The open tender is being conducted by an aircraft leasing unit run by its parent company Malaysia […]
Read MoreSiem Reap may not have the crowds that it used to but it still attracts visitors, albeit of a very different kind. Daka Kun Realty often sees them entering their office in Taphul village and announcing exactly what it is they are looking for: low-cost property. The news of the temple town’s hard times have […]
Read MoreKRHB Banking Group (“RHB” or the “Group”) announced PT RHB Sekuritas Indonesia, a subsidiary of RHB Investment Bank Berhad, has entered into a conditional share purchase agreement (“CSPA”) with Allianz Global Investors Asia Pacific Ltd (“AllianzGI”) and PT Asuransi Allianz Life Indonesia (“Allianz Life Indonesia”). The agreement is for the disposal of its investment management […]
Read MoreA proposal to allow eateries and restaurants in department stores and shopping malls to sell food via online delivery platforms will be presented for approval by the Centre for Covid-19 Situation Administration (CCSA). Deputy government spokeswoman Traisulee Taisaranakul said that the Public Health Ministry had already discussed the matter with the CCSA and will put […]
Read MoreThai tourism this year is likely to be at an all-time low as international arrivals may reach just 1 million, while domestic tourism could plunge to 50-60 million trips if the worsening Covid-19 situation demands lockdown last for up to three months, according to the Tourism Authority of Thailand (TAT). Despite reopening for vaccinated international […]
Read MoreThe Bank of Thailand predicts the government’s tougher measures to contain new infections will lessen economic activity by a range of 0.8 to 2 percentage points. The best-case scenario would see GDP fall by only 0.8 percentage points, said the senior director for the economic and policy department, Chayawadee Chai-Anant, while the worst case would […]
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