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Thailand Live Wednesday 17 June 2020

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COVID Fallout: Provincial government moves to mediate debt-relief for Phuket businesses

By The Phuket News

 

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The mediation sessions aimed to ease the extra pressure on local businesses from outstanding debts brought on by the COVID-19 situation. Photo: PR Phuket

 

PHUKET:-- The Phuket Provincial Government is calling for financial institutions to discuss terms for repayment of outstanding debts among local businesses as many are suffering heavily from the fallout of the COVID-19 lockdown provisions.

 

Full Story: https://forum.thaivisa.com/topic/1168902-covid-fallout-provincial-government-moves-to-mediate-debt-relief-for-phuket-businesses/

 

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Airports of Thailand forecasts 50% fall in revenue and passengers

 

2020-06-17T132206Z_1_LYNXMPEG5G1CN_RTROPTP_4_THAI-AIRWAYS-RESCUE.JPG

FILE PHOTO: Thai Airways idle airplanes are seen parked on the tarmac of Suvarnabhumi Airport in Bangkok, Thailand May 25, 2020. REUTERS/Jorge Silva

 

BANGKOK (Reuters) - Airports of Thailand (AOT) <AOT.BK> said it expects passenger numbers and revenue to fall by 50% in 2020 as a result of the coronavirus crisis.

 

Full Story: https://forum.thaivisa.com/topic/1168903-airports-of-thailand-forecasts-50-fall-in-revenue-and-passengers/

 

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