Debt-burdened Thai Airways International (THAI) will not need to declare bankruptcy because the government is supporting it, but it must undergo major rehabilitation including some asset sales, Prime Minister Prayut Chan-o-cha said on Monday.
The Stock Exchange of Thailand main index went down 10.02 points, or 0.63%, to close at 1,588.31 points today.
First it was European infant formula, then New Zealand milk. Now Chinese consumers are adding Japanese rice to the list of everyday foods they will bring in from abroad at luxury-good prices because they fear the local alternatives are not safe.
Malaysia's budget airline AirAsia Group announced that it is abolishing its fuel surcharge effective today for all group airlines following the drop in global crude oil prices.
SINGAPORE — Taiwanese airlines EVA Air has decided, after "overwhelming demand" for seats on test charters, to deploy “Hello Kitty”-themed jets permanently for the connection between Singapore and Taipei.
Fraser & Neave Holding Bhd (F&NHB), the Malaysian subsidiary of Singapore's Fraser and Neave Ltd, will spend 300 million baht to increase its dairy product capacity in Thailand to drive business growth here over the next five years.
It was, by his own account, a chance encounter with a scion of the Gandhi political dynasty that turned former soldier Kushal Pal Singh into the man who built a city from nothing and made billions in the process.
The film industry is developing rapidly in Asean but some countries have yet to tap into the trend. In Laos, only one or two movies are produced each year and the general public is largely unaware of them. Screening venues are limited, making it even harder for local filmmakers to show their work and earn a living.
Renowned globally for its annual international film festival, the largest of its kind in Asia, Busan possesses world-class facilities for the film industry and has been the site of more than 300 productions over the past 13 years.
K-pop and soap operas have taken the world by storm, but so too has a short-legged blue penguin wearing orange glasses and aviator cap who lives in a snowy peaceful island together with his friends.
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