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Thailand: Thitikorn closes in on Myanmar firm

SET-listed Thitikorn (TK) is set to finalise the acquisition of a microfinance business in Myanmar next quarter, a move expected to lend support to the company’s goal of having 30% of its loan portfolio come from neighbouring countries by year-end 2020. TK, a leading motorcycle hire-purchase provider in Thailand, is in the process of acquiring […]

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Philippines: Hotels allowed to operate at 50% capacity under modified quarantine

MANILA, Philippines — Accommodation establishments will be allowed to resume normal operations, but at limited capacity only once areas are placed under modified general community quarantine or MGCQ, according to the Department of Tourism (DOT). Based on Administrative Order 2020-002, the DOT said accommodation establishments may accept bookings of all guests, whether for work or […]

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