Thai Airways poised to get go-signal for rehabilitation plan
Flag carrier Thai Airways International Pte. Ltd. was confident that it will secure the nod of the bankruptcy court for its request to restructure...
Thailand sets sights on medical tourism after combating COVID
One month after reporting zero virus transmission, the province of Phuket in Thailand is now opening its doors to the “new normal” by investing...
Philippines expects GDP to shrink further in second half
The Philippines was expecting its economy to slump further in the second half of the year as the government’s quarantine measures continued to take...
Malaysia asks Singapore to reopen border
The Malaysian government is asking Singapore to allow its citizens to cross between the two countries daily for work. Malaysian Prime Minister Muhyiddin Yassin said...
IMF approves $356 million support for Myanmar
The International Monetary Fund (IMF) has approved a total of $356.5 million support for Myanmar as the country suffers from an ailing economy despite...
Thailand allows laborers to return to offshore jobs
The government of Thailand has allowed thousands of its citizens to return to work overseas as the coronavirus disease-2019 (COVID-19) subsided in some countries. The...
Philippine tycoon Eduardo Cojuangco Jr. dies at 85
Eduardo Murphy “Danding” Cojuangco, who rebuilt San Miguel Corporation (SMC)— one of the largest business empires in the Philippines, died on Tuesday. He was...
Philippines gets much-awaited ‘A’ credit grade
The Philippines has nabbed the much-coveted “A” credit grade, with the Japan Credit Rating Agency (JCR) upgrading the country’s rating to “A-” with a...
Philippines turns to online sellers for revenues
The Philippine government has set its sights on online sellers as the country scrambled for revenues amid the global pandemic. In a memorandum posted on...
ASEAN’s Huaren Titans Must Pay Their Dues Beyond COVID-19
In a recently leaked letter, Thai Prime Minister Prayuth Chan-ocha made an unconventional appeal to the kingdom’s so-called “five families” to do more for...
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Singapore, Hong Kong defer ‘travel bubble’
Singapore and Hong Kong have put off a plan to introduce a travel bubble amid the latter’s sudden spike in the number of coronavirus...
RCEP—world’s largest free-trade pact—’signed’
Fifteen countries spanning the Asia Pacific region have officially inked the Regional Comprehensive Economic Partnership (RCEP) which promises to create a vast free trade...
Temasek offers $600-million rescue to Singapore shipping giant
Singapore-based Temasek Holdings Inc. stepped in as a white knight for financially-strapped Pacific International Lines (PIL), offering the latter worth $600 million of rescue...