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Search Result for “losses”

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BUSINESS

Continued losses for regional airlines

Business, Molpasorn Shoowong, Published on 10/12/2022

» The global aviation industry is expected to finally end years of losses with a net profit of US$4.7 billion in 2023, but Asia-Pacific airlines will have to wait a lot longer for their balance sheets to recover, according to the International Air Transport Association (IATA).

BUSINESS

Grab focuses on long-term journey

Business, Suchit Leesa-nguansuk, Published on 10/12/2022

» Amid economic uncertainty and a spending slowdown, super-app Grab projects the industry is moving towards new business practices where price wars become less intense, focusing instead on building customer loyalty and broadening customer segments.

BUSINESS

Asian shares follow Wall Street upward

Business, Nuntawun Polkuamdee, Published on 10/12/2022

» RECAP: Asian stocks climbed after Wall Street posted its first advance this month, with traders focused on upcoming US inflation figures for clues on the path of interest-rate increases.