Showing 1 - 10 of 16
Tupperware files for bankruptcy protection as demand slumps
Reuters, Published on 18/09/2024
» BENGALURU - Tupperware Brands and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, succumbing to declining demand for its once-popular colourful food storage containers and ballooning losses.
Japan travel industry calls for offering free passports to 18-year-olds
Published on 16/09/2024
» TOKYO: The Japanese government should offer free passports to 18-year-olds who have legally become adults to motivate more young people to travel abroad, the head of a travel industry group said in a recent interview with Kyodo News.
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.
'Serious' aviation incidents jump post-Covid in Thailand
Published on 05/08/2024
» The number of serious incidents in Thailand involving aircraft has jumped sharply post-Covid as the lifting of restrictions reignited demand for air travel.
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.
Thai AirAsia eyes new Indian routes
Business, Molpasorn Shoowong, Published on 24/07/2024
» Thai AirAsia is focusing on opening new routes to India and within Southeast Asia in the second half to offset unrecovered flights to China, which are still hampered by the sluggish economy and higher competition from domestic travel.
Thai economy not good, with growth worsening: Finance Minister Pichai
Reuters, Published on 10/07/2024
» Thailand's economy has not been good for a long time, with growth deteriorating as it faces structural problems, Finance Minister Pichai Chunhavajira said on Wednesday.
Japanese corporate bankruptcies hit 10-year high
Published on 05/07/2024
» TOKYO - The number of corporate bankruptcies in Japan hit a 10-year-high in the first half of 2024, marking the third consecutive year of increases for the period, as labour shortages and inflation took their toll, a credit research company said on Friday.
World Bank cuts Thai outlook to 2.4% on weaker exports
Reuters, Published on 03/07/2024
» Thailand's economy is expected to grow 2.4% this year, down from the 2.8% expansion projected in April, largely due to weaker-than-expected exports and public investment early in the year, the World Bank said on Wednesday.
US stock futures, dollar rise after Biden-Trump debate
Published on 28/06/2024
» NEW YORK - US stock futures and the dollar rose in early Asian trading on Friday as 2024 presidential election candidates Joe Biden and his predecessor Donald Trump sparred in their first debate, with Trump viewed as putting in a stronger showing than his opponent.