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BUSINESS

Indonesia drafts $1 billion rescue package for flag carrier

Bloomberg News, Published on 11/05/2020

» Indonesia is finalising a $1 billion financial bailout plan for its flag carrier to help it stave off a debt default after the coronavirus crisis forced the airline to ground most of its planes.

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BUSINESS

Foreign exchange rules eased, baht rises

Bloomberg News, Published on 05/06/2017

» The Bank of Thailand said it’s easing some foreign-exchange rules to reduce compliance costs for the private sector. The baht strengthened as speculation the monetary authority might unveil major steps to curb the currency’s appreciation proved unfounded.