Thai Airways International (THAI) is seeking help from authorities after the Airports of Thailand (AoT) recalled more than 50% of the check-in counters and aircraft stands at Suvarnabhumi airport, said Deputy Prime Minister Wissanu Krea-ngam. Mr Wissanu, who heads a committee coordinating solutions to THAI’s problems, said on Thursday the airline raised the recall issue at […]
Read MoreKUALA LUMPUR, June 25 — Malaysia could graduate from being a middle-income nation to a high-income country within 10 years’, but would need to carry out six major reforms to do so, including by creating high-paying jobs and having more women join the workforce, the World Bank has said. In its June edition of the […]
Read MoreSnapchat parent company Snap Inc. plans to open an office in Singapore this year – its first office in Southeast Asia – in a bid to expand and streamline its services in the region. The company has appointed former Asia-Pacific senior director and head of instant messaging application Viber, Anubhav Nayyar, to join Snap Inc. […]
Read MoreMANILA, Philippines — The policy measures taken by members of the Association of Southeast Asian Nations (ASEAN), including the Philippines, to cushion the impact of the coronavirus disease 2019 or COVID-19 are not enough to offset the rising recessionary or credit risks, according to Moody’s Investors Service. In a report, Deborah Tan, assistant vice president […]
Read MoreThe coronavirus pandemic has left tremendous impact on Vietnam’s footwear industry, with the lack of production orders and the consequent drop in exports forcing them to lay off employees. The situation would worsen if the coronavirus is not put under control in Europe and the United States. That Hue Phong Leather Shoes Co., Ltd. and […]
Read MoreThailand can expect another wave of business closures in the second half of 2020 as the economic consequences of the pandemic, lockdown and withdrawal of tourists reverberate nationwide, says the Employers’ Confederation of Thai Trade and Industry (EconThai). The group bases its prediction on weak individual purchasing power, a global economic slowdown dealing a blow […]
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