Banks looked gloomy amidst COVID-19 Business

Banks looked gloomy amidst COVID-19

Financial reports released by some banks in the first quarter have reflected the adverse impacts of the COVID-19 pandemic on their business activities, with declining profits and rocketing bad debts.
Indonesia’s aircraft maintenance firm expects rising demand World

Indonesia’s aircraft maintenance firm expects rising demand

PT Garuda Maintenance Facilities (GMF) AeroAsia, a company of flag carrier Garuda Indonesia, forecast stronger demand for maintenance, repair and overhaul (MRO) services from non-affiliated international airlines as a result of diverted flights due to the COVID-19 outbreak.
US naval ships’ visit to Vietnam helps promote bilateral ties Politics

US naval ships’ visit to Vietnam helps promote bilateral ties

The current visit of US Navy aircraft carrier USS Theodore Roosevelt (CVN 71) and guided-missile cruiser USS Bunker Hill (CG52) to the central coastal city of Da Nang contributes to the development of the relations between Vietnam and the US, according to Spokesperson of the Foreign Ministry Le Thi Thu Hang.
US naval ships arrive in Da Nang Politics

US naval ships arrive in Da Nang

US Navy aircraft carrier USS Theodore Roosevelt (CVN 71) and the guided-missile cruiser USS Bunker Hill (CG52) arrived in the central coastal city of Da Nang on March 5, beginning an official visit to Vietnam as part of activities to mark the 25th anniversary of Vietnam-US diplomatic ties.
Thailand’s retail giant launches record-breaking IPO World

Thailand’s retail giant launches record-breaking IPO

Thailand’s retail giant Central Retail (CRC) launched the country’s biggest ever initial public offering (IPO) on February 20, giving it a market cap of some 8.1 billion USD in a punt on a sputtering economy now hampered by the new coronavirus disease (COVID-19).