The cabinet agreed to encourage the flagging economy to be boosted by international visitors who commit to 14-day quarantine and stay for at least 90 days. After the cabinet meeting, Prime Minister Prayut Chan-o-cha said the government would grant special long-stay visas for tourists. The most notable requirement will be a quarantine lasting 14 days. Visitors can arrive for tourism …

METRO MANILA – Jollibee Foods Corp. (JFC) has suffered a net loss of P12 billion, a contrast to the Php 2.5 billion earned last year. JFC net loss in the second quarter was P10 bil compare to the P1 billion income. The countrywide sale for both franchise and company owned were also down by 24.5% to P85.8 billion and 48.4% …

PETALING JAYA – AirAsia Group Berhadposted revenue of RM2.31bil in the first quarter, an almost RM800mil loss compared to the RM2.73bil revenue posted last year. AirAsia chief executive officer Tan Sri Tony said in a statement that the current period is by far “the toughest challenge” the company has ever faced. He added that AirAsia have been restructed the group …

Mah Sing Group Bhd has retained its revenue target of RM1.6 billion by 2020 with 84 per cent of its goods priced below RM700,000. The group said it was preparing to push ahead with its planned launches in the second half of the year in a statement today after its virtual annual general meeting ( AGM). During its weekend launch …