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BUSINESS

Analysts: BA needs charm offensive

Business, Reuters, Published on 31/05/2017

» LONDON/BERLIN: British Airways must turn its attention to repairing its brand after a weekend of chaos and criticism caused by a major IT outage that grounded flights from London's two main airports.

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BUSINESS

Australian retailers brace for arrival of Amazon

Business, Reuters, Published on 21/04/2017

» SYDNEY/San Francisco: Global e-commerce juggernaut Amazon.com Inc said yesterday that it would open its online shopfront service in Australia, ending rumours about its plans and increasing the pressure on the domestic retail sector to catch up with the digital economy.

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BUSINESS

Nok Air expects to return to profit in Q4

Reuters, Published on 01/08/2016

» Nok Airlines Plc is on track to book its first quarterly profit in a year and a half come December, as more pilots will help the budget airline avert cancellations during the tourism high season, its chief executive said Monday.

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BUSINESS

Million-baht raffle to promote PromptPay

Reuters, Published on 20/07/2016

» "Want to win a million baht? Go for e-payment," says the Thai government, offering a lucky draw as an incentive to use a new online payment scheme for business, in an effort to bring some of the massive informal economy onto the books and boost tax revenue.

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BUSINESS

787 faces new challenge: slow sales

Business, Reuters, Published on 17/05/2016

» SEATTLE: Boeing Co's high-tech 787 Dreamliner has had its share of trouble, from early production delays to batteries that smoked and burned, grounding the worldwide fleet for months in 2013.

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BUSINESS

Surging bad debt fuels Bangkok Bank Q1 profit drop

Reuters, Published on 20/04/2016

» Bangkok Bank Plc reported an 11.6% drop in first-quarter net profit, from a year earlier as a surge in bad debt prompted it to book higher loan loss provisions.

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BUSINESS

Taiwan's CTBC to buy 35.6% in LH Bank parent

Reuters, Published on 29/03/2016

» Taiwan's CTBC Financial Holding Co has agreed to buy a 35.6% stake in LH Financial Group for 16.6 billion baht ($469 million), the Thai company said on Tuesday.

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BUSINESS

Scotiabank offers 4 Asian banks its $1.7bn Thanachart stake

Reuters, Published on 23/02/2016

» SINGAPORE/HONG KONG -- Canada's Bank of Nova Scotia has approached a unit of Bank of China, Maybank and two Japanese banks to gauge their interest in its US$1.7 billion stake in Thanachart Bank, people familiar with the matter said.

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BUSINESS

PTT posts record Q3 loss, hit by weak oil prices

Reuters, Published on 13/11/2015

» PTT Plc reported another record net loss in the third quarter, mainly due to losses at its upstream and exploration subsidiary and a weak gas business.

BUSINESS

Airlines trying to lure clients back to their own websites

Business, Reuters, Published on 18/09/2015

» BERLIN/NEW YORK: Airlines are trying to draw passengers away from low-price comparison sites and back to their own home pages, seeking to boost profits by selling them extra services such as additional legroom or access to airport lounges.