Hoteliers keep on implementing cost reduction strategies to deal with the liquidity crunch, hoping local demand can improve upon disastrous earnings in the second quarter. The pandemic had a major impact on the hospitality industry, with large hotel management and investment companies reporting tremendous setbacks in the first half. Central Plaza Hotel Plc (Centel) reported revenue […]
Read MoreEvolving from a ticketing platform for AirAsia flights, AirAsia.com is now growing to become a leading one-stop travel and lifestyle e-commerce platform in Asean, offering products from flights, hotels, travel activities, shopping and more. Amidst challenging operating conditions, AirAsia.com has charted significant growth through diversification and digital innovation. AirAsia.com chief executive officer Karen Chan shares her views […]
Read MoreMANILA, Philippines — Property seekers have recently avoided spaces in central business districts (CBD) as movement restrictions meant to arrest coronavirus spread and contagion fears prompted buyers to consider locations closer to their present homes when making decisions. In a report released Monday, Lamudi, an online property marketplace, said it saw a “switch” in locational […]
Read MoreThe Office of SME Promotion (Osmep) is providing a second series of low-interest loans to retail small and medium-sized enterprises (SMEs) with a combined sum worth 1.2 billion baht, aiming to enhance financial liquidity and loan access. The funds for the loans come from the 4.89-billion-baht SMEs One loan scheme that started in June 1, […]
Read MoreKUALA LUMPUR: Malaysia can expect a firm recovery in the second half of this year as economic activities pick up and provided there is no second wave of the Covid-19 pandemic outbreak, the Statistics Department said. In a statement issued yesterday, it said despite a 17.9% contraction in GDP in the second quarter, the leading […]
Read MoreCOVID-19 border closures along the Cambodian and Thai border crossing of Poipet have caused serious damage to nearby businesses that were mainly catering to both casinos and travellers. Strict enforcement has also resulted in many Cambodian workers being captured by Thai authorities after either being stranded or when trying to cross the border to work […]
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Thailand
