Showing 1 - 10 of 13
Seven airlines to seek bailout to survive
News, Published on 29/03/2020
» Seven Thai airlines are likely to seek a 16-billion-baht bailout from the Finance Ministry so they can pay their employees while their services are suspended.
Terror in Spain, turmoil in Washington dent stocks
Business, Nuntawun Polkuamdee, Published on 21/08/2017
» Recap: US political instability and a terrorist attack in Spain put pressure on global stock markets, with Wall Street hitting a three-month low and European and Asian bourses also sinking, though Thailand managed a small gain.
Nok Air zeroes in on China for rebound
Business, Boonsong Kositchotethana, Published on 25/07/2017
» Nok Air has zeroed in on the Chinese market expansion as a prime driver for its recently launched turnaround plan.
Disappointment with Opec accord hits world equities
Business, Published on 29/05/2017
» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.
Unfinished mission at Nok Air
Business, Boonsong Kositchotethana, Published on 16/03/2017
» Rather than worrying about rumours of his imminent dismissal as chief executive of Nok Air, Patee Sarasin says he's preoccupied with turning the loss-ridden budget airline around.
Nok Air shedding costs, aircraft capacity
Business, Boonsong Kositchotethana, Published on 07/03/2017
» Nok Air is embarking on a business recovery plan, but the struggling budget airline's boss says it's a non-starter to expect the company to find its way out of deep financial woes anytime soon.
Swipe and go
Asia focus, Nareerat Wiriyapong, Published on 01/01/2017
» Planning a trip abroad for the coming New Year holiday? In the old days, if you were a holidaymaker or a business traveller, you probably would have booked a trip through a travel agent and when you got to your destination, bought a map and rented a car to get yourself around.
NokScoot taps brakes on growth plan
Business, Boonsong Kositchotethana, Published on 08/12/2016
» NokScoot is scaling down its fleet expansion plan as it adopts a more cautious approach to future growth.
Zero-tour clampdown hits Nok Air China plan
Business, Boonsong Kositchotethana, Published on 17/11/2016
» Nok Air is decelerating its expansion into China, apparently due to the impact of the crackdown on "zero dollar" inbound tours.
NokScoot on course to break even
Business, Boonsong Kositchotethana, Published on 23/05/2016
» Struggling long-haul budget airline NokScoot is aiming to fly through the break-even barrier by the end of this year.