MANILA, Philippines — The Philippines on Thursday secured its first ever “A” credit rating from Japan Credit Rating Agency Ltd. (JCR), which validated the strength of the economy to withstand the coronavirus disease-2019 (COVID-19) pandemic. The Japan-based debt watcher, whose ratings matter to Japanese companies, the country’s top investors, upgraded the Philippines to “A-” and assigned a “stable” outlook on […]
Read MorePUTRAJAYA, June 11 — The decision to do away with social distancing on board aircraft was made after taking into account international standards and guidelines of the International Air Transport Association (IATA), said Transport Minister Datuk Seri Dr Wee Ka Siong. Malaysia was previously among the countries that carried out social distancing aboard aircraft during […]
Read MoreThe baht has surged past 31 per US dollar on the back of month-to-date net foreign inflows moving into local equities and bonds, a motion contrary to Thailand’s sputtering economic outlook. The local currency has strengthened by 2.7% against the dollar since the end of May, ranking third after Indonesia’s rupiah and South Korea’s won, […]
Read MoreThai Airways International (THAI) has admitted it is looking to delay yet again the resumption of scheduled flights to Aug 1 although this is only a plan, said airline board member Pirapan Salirathavibhaga. Mr Pirapan said the plan was being studied by the airline’s commerce department and it would help the company prepare better in […]
Read MoreHospitality industry players are focusing on strengthening their online public relations (PR) campaigns to maintain their relations with customers in the hopes of rebounding from the COVID-19 pandemic, according to government and company officials. Global hotel chain Marriott’s property in Bali, Westin Nusa Dua, for instance, has been actively conducting online campaigns through its website […]
Read MoreGrab, Southeast Asia’s leading everyday app, today announced GrabProtect, a comprehensive set of safety and hygiene tech features and stricter safety policies to minimise risks of the spread of COVID-19. As part of the programme launch, Grab distributed care packs comprising rice, drinks and hygiene essentials to 5,000 of its ride-hailing drivers in Phnom Penh. […]
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