Asia Aviation Plc, the operator of Thailand’s biggest budget carrier Thai AirAsia, plans to raise as much as 17.9 billion baht from new loans, share sales and convertible-debt offerings as it attempts to restock coffers depleted by the worst crisis in aviation history.
New virus strain hits investment once more
published : 10 Jul 2021 at 04:00
Just as it seemed we had turned the corner on the coronavirus, the world is now contending with the emergence of more contagious variants. The most concerning appears to be the Delta variant that is spreading in various parts of the world, including Thailand. Another variant to watch is Lambda, which researchers are just beginning to understand.
Total cases worldwide have now surpassed 185 million, with more than 4 million deaths. New cases are hovering around 400,000 per day, much better than in early May when infections were increasing by 600,000 per day or more. While debate over the efficacy of vaccines is ongoing, there is still a heavy consensus that they are the best way to quell the spread of the virus. As of this week, some 3.2 billion people have been vaccinated with at least one dose, representing 24% of the world population.