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BUSINESS

Telenor completes Myanmar business sale

Reuters, Published on 25/03/2022

» OSLO: Telenor will receive payments for the sale of its Myanmar operations over the next five years, the Norwegian telecoms company said on Friday as it announced the completion of the transaction.

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BUSINESS

Another Chinese property developer defaults

Reuters, Published on 26/10/2021

» HONG KONG: Modern Land reported a missed payment on Tuesday, the latest Chinese property developer to do so, adding to worries about spiralling effects of the debt crisis at behemoth China Evergrande Group and dragging on shares in the sector.

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BUSINESS

Gun that killed Billy the Kid to be auctioned

Business, Reuters, Published on 23/07/2021

» LOS ANGELES: One of the most iconic weapons of the American Wild West goes up for auction next month with the sale of the gun that killed 19th century outlaw Billy the Kid.

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BUSINESS

AirAsia will not take jet deliveries this year

Reuters, Published on 29/04/2020

» SYDNEY: Malaysia's AirAsia Group Bhd said on Wednesday it did not intend to take any new aircraft deliveries this year because of the sharp fall in demand from the coronavirus crisis, and was revisiting its order book with Airbus SE.

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BUSINESS

Infrastructure fund prices IPO shares at 10 baht

Reuters, Published on 27/09/2018

» The Thailand Future Fund, a government infrastructure fund, priced shares for its initial public offer at 10 baht per share, it said in a security filing on Thursday.

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BUSINESS

Lion Air confirms $6.2bn deal for Boeing 737s

Reuters, Published on 10/04/2018

» JAKARTA: Indonesia's Lion Air Group announced on Tuesday a firm order to buy 50 Boeing Co 737 MAX 10 narrowbody jets worth $6.24 billion and said it plans to place a provisional order for Boeing 787 widebody jets in the next few weeks.

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BUSINESS

Need a place for a nap? Go to Xiangshui Space

Business, Reuters, Published on 12/07/2017

» BEIJING: For China's sleep-deprived white-collar workers needing a place for a nap, a booming "sharing economy" offering a growing range of services has come up with a cheap, mobile-friendly solution: capsule hotels.

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BUSINESS

Thai 'reluctance to invest abroad' said to boost baht

Reuters, Published on 08/06/2017

» If recent history is anything to go by, argue some, letting Thais invest more money abroad is unlikely to spur major outflows, and that will mean continued firmness for the baht currency - and continuing frustration for Thai exporters.

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BUSINESS

Saudi Arabia revokes Qatar Airways' licences

Reuters, Published on 06/06/2017

» RIYADH/DUBAI - Saudi Arabia on Tuesday revoked the licences of Qatar Airways and ordered its offices to be closed within 48 hours, a day after banning all Qatari planes from landing at its airports.

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BUSINESS

Uber rival Grab to seek funds, eyes financial services

Reuters, Published on 06/06/2017

» SINGAPORE -- Grab, Uber Technologies Inc's biggest ride-hailing competitor in Southeast Asia, is likely to kick off a fresh round of fundraising "in the near future" as it seeks to develop offerings such as financial services, its head said on Tuesday