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Coffee Shop Talk of a non sexual Nature Visit Sam's Alfresco Heaven. Singapore's best Alfresco Coffee Experience! If you're up to your ears with all this Sex Talk and would like to take a break from it all to discuss other interesting aspects of life in Singapore,  pop over and join in the fun.

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Old 15-07-2018, 12:20 PM
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Thumbs up Asiatravel.com and subsidiaries may have licences suspended

An honorable member of the Coffee Shop Has Just Posted the Following:

Online travel agent Asiatravel.com and its subsidiaries may have their licences suspended by the Singapore Tourism Board (STB), after the company's auditor flagged concerns about its "ability to continue as a going concern" due to its losses and liabilities.

Auditor Ernst and Young noted that Asiatravel.com incurred a net loss of S$34.6 million for its 2017 financial year. The group's liabilities also exceeded their assets by S$11 million as of end last year.

Meanwhile, the...


Asiatravel.com and subsidiaries may have licences suspended


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