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BUSINESS

THAI posts record B141bn loss

Bloomberg News, Published on 25/02/2021

» Thai Airways International, the flag carrier in the middle of a debt restructuring, reported a record loss last year after the coronavirus outbreak ground most of its services to a halt.

WORLD

Asia’s factories grind forward amid Lunar New Year disruptions

Bloomberg News, Published on 01/03/2021

» Manufacturing engines across Asia ground ahead last month, with most continuing to expand during the volatile Lunar New Year holiday period.

LIFE

Netflix, Disney win big at Golden Globes

Bloomberg News, Published on 01/03/2021

» Netflix and Walt Disney emerged as the big winners at the Golden Globe awards, taking home most of the evening’s prizes for their films and television shows, in an awards show tailor-made for the unusual pandemic-affected times.

BUSINESS

Thai Airways debt revamp plan gets support from finmin

Bloomberg News, Published on 03/03/2021

» The Finance Ministry, the largest shareholder of Thai Airways International Plc, signalled its support for a restructuring plan that includes raising fresh capital, a temporary freeze on repayment of borrowings and slashing its workforce by half to return the debt-ridden airline to profit.

WORLD

Asia rebuffs US sanctions on Myanmar, giving generals lifeline

Bloomberg News, Published on 03/03/2021

» As the US looks to build a coalition to further punish Myanmar’s generals, it’s not having much success convincing governments in Asia to follow suit.

LIFE

Push to end tourist quarantine as shots rolled out

Bloomberg News, Published on 04/03/2021

» Thailand is eyeing plans for vaccine passports and quarantine waivers as the global Covid-19 inoculation drive gathers pace.

BUSINESS

5-star hotels squeeze small operators with discounts

Bloomberg News, Published on 09/03/2021

» A stunning plunge in international visitors during the pandemic has been a disaster for Thailand’s tourism industry, decimating the ranks of small operators and leaving the landscape dominated by luxury hotels.

BUSINESS

Seafood giant Thai Union bets on plant-based future

Bloomberg News, Published on 09/03/2021

» Thai Union Group Plc, the world's largest canned tuna producer, is targeting 5% annual growth for the next five years to reach 160 billion baht by 2025, betting on alternative proteins and food supplements, its top executive said on Tuesday.

BUSINESS

Philippines targets Hong Kong toymakers with tax cuts

Bloomberg News, Published on 10/03/2021

» The Philippines is trying to lure Hong Kong’s toy manufacturers with tax cuts, seeking to boost an industry that has attracted companies from the US and Japan.

BUSINESS

Rate hikes coming to emerging markets with debt at records

Bloomberg News, Published on 15/03/2021

» Alarm bells are starting to ring across emerging markets as countries brace for a new era of rising interest rates.