Showing 1 - 9 of 9
AirAsia raises $443m to refurbish grounded planes
Bloomberg News, Published on 22/08/2024
» KUALA LUMPUR - Malaysian low-cost airline AirAsia, owned by Capital A, has raised US$443 million in a dual-tranche financing to refurbish planes that were grounded during the coronavirus disease 2019 (Covid-19) pandemic, Bloomberg News reported on Thursday.
Thailand bets on B500bn cash handout to revive economy
Bloomberg News, Published on 24/07/2024
» The government expects the rollout of a long-delayed cash handout to most adult citizens to help reverse a slump in economic activity and tackle the highest household debt in Southeast Asia.
After losing out to Thailand, Indonesia wants Chinese tourists to look beyond Bali
Bloomberg News, Published on 27/06/2024
» JAKARTA - Indonesia’s Tourism Minister Sandiaga Uno is on a mission to get Chinese tourists to look beyond Bali for their next tropical getaway.
PM Srettha touts plans for casinos, nuclear power
Bloomberg News, Published on 22/06/2024
» Prime Minister Srettha Thavisin on Saturday used his first monthly television address as the country's leader to promote plans for legalising casinos to curb illegal gambling and building a nuclear power plant to reduce electricity costs.
Central bank renews case to limit digital wallet scheme
Bloomberg News, Published on 19/06/2024
» The Bank of Thailand (BoT) remains firm in its opposition to a government plan to give 500 billion baht in cash to almost all its adult citizens to revitalise consumption activity, saying the prudent thing would be to limit assistance to the needy.
B1.4tn fund says gold to counteract weak stocks
Bloomberg News, Published on 14/06/2024
» The Government Pension Fund (GPF) is expecting gains from investments in gold, commodities and private equity to help counter a slump in domestic stocks, following a period that is seen its performance struggle.
Singapore Air staff score almost eight months’ salary as bonus
Bloomberg News, Published on 16/05/2024
» SINGAPORE - Singapore Airlines Ltd will reward staff with a bonus payout worth almost eight months of salary, according to a person familiar with the matter, after delivering a second consecutive record annual profit.
Suvarnabhumi, Don Mueang set for $4.8bn expansion
Bloomberg News, Published on 30/04/2024
» The operator of Thailand's two main airports plans to spend about US$4.8 billion to more than double capacity by the end of the decade to cope with a surge in post-coronavirus-pandemic tourism.
Biden calls China 'xenophobic'
Bloomberg News, Published on 18/04/2024
» WASHINGTON - United States President Joe Biden called China "xenophobic" while highlighting the Asian nation’s economic woes, as he sought to make the case for US economic strength during a campaign stop in the swing state of Pennsylvania.