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Search Result for “liquidity crisis”

Showing 1 - 10 of 11

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BUSINESS

Leading from the front

News, Narumon Kasemsuk, Published on 12/01/2022

» Wallapa Traisorat is a name that would typically be associated with her tycoon father -- Charoen Sirivadhanabhakdi -- as his second daughter became his successor as chief executive and president of Asset World Corporation Plc (AWC), a property firm worth more than 100 billion baht.

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BUSINESS

Thailand reopens -- what next?

Business, Narumon Kasemsuk, Published on 08/11/2021

» International airports in Thailand have come alive over the past week, with more than 12,000 travellers flying in, mostly from 63 countries which have been exempted from quarantine or area restrictions.

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BUSINESS

Firms rip reopening delay to Nov 1

Business, Narumon Kasemsuk, Published on 24/09/2021

» Confusion over reopening timelines has spoiled the chance for the tourism industry to rebound during the coming high season as inconsistent policies damage the country's credibility and international tour operators refrain from planning packages until policies are confirmed.

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BUSINESS

Carriers eye return to Don Mueang

Business, Narumon Kasemsuk, Published on 21/08/2021

» Airlines are pleading to restart domestic flights from Don Mueang airport in September to stem a liquidity crisis.

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BUSINESS

Carriers under the cosh

Business, Narumon Kasemsuk, Published on 20/07/2021

» Thai AirAsia views the forced lockdown as jeopardising its financial status as the aviation industry has been struggling without government support for over a year as it questioned the ability of the government to collect tax when large businesses have been left to die.

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BUSINESS

TAA chief expecting measured progress

Business, Narumon Kasemsuk, Published on 30/04/2021

» Thai AirAsia (TAA) sees the resumption of international flights as a key for airlines to make a profit, but this may not happen for two years as the country's reopening scheme may face further challenges.

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THAILAND

No holding her back

News, Narumon Kasemsuk, Published on 29/03/2021

» The tourism sector was the industry hardest hit by the coronavirus pandemic crisis in the past year. Faced with a challenge, Dusit International looked for opportunities by expanding into the food business.

BUSINESS

Airlines still struggle thanks to competition

Business, Narumon Kasemsuk, Published on 18/03/2021

» Though more flights have been planned for the Songkran holiday next month, air traffic in Thailand remains unpredictable as airlines still face losses amid intense competition, according to Nok Air.

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BUSINESS

Nok Air will be just fine, insists CEO

News, Narumon Kasemsuk, Published on 31/07/2020

» Nok Air insisted on Thursday its business would be able to return to solvency despite the airline following Thai Airways' lead and filing a business rehabilitation request with the Central Bankruptcy court.

BUSINESS

Tonic sought for tourism employees

News, Narumon Kasemsuk, Published on 02/05/2020

» The Association of Thai Travel Agents (Atta) has urged Prime Minister Prayut Chan-o-cha to extend the Social Security Fund (SSF) compensation payments to workers for longer than 90 days to mitigate hardship from the Covid-19 pandemic, as it may haunt tourism for over a year.