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The luxury hotel sector in Hong Kong has shown remarkable resilience, bouncing back stronger than the broader hospitality industry in the city. According to the property consultancy JLL, room rates have even surpassed those of 2018, indicating a significant…
Coupang, the South Korean e-commerce giant, has made a steady start to Fiscal Year 2026, according to its first quarter results. The data indicates a slow but steady recovery following disruptions experienced towards the end of last year. Stronger Financial…
Kering, the luxury conglomerate that owns brands such as Gucci and Balenciaga, has noted a sequential improvement in its revenue for the first quarter, indicating that the company’s recovery is gaining momentum. Quarterly Revenue Trends The company reported a…
The National Assembly (NA) of Vietnam has sanctioned the reduction of all fuel-related taxes to zero until June 30, in a move to mitigate price pressures, stabilize markets, and bolster economic resurgence in the face of global energy instability. This means…
Hong Kong real estate developers are elevating their prices for newly built homes, following a pattern of successful sales. This trend is occurring amidst growing economic and political instability, as well as uncertainty revolving around interest rates.…
On Monday afternoon, gold prices in Vietnam witnessed a minor recovery following a more than 1% decline earlier in the session. After a challenging morning period, the Saigon Jewelry Company reported a 0.55% rise in their gold bar price, bringing it to…
Google Messages has been the focal point of numerous updates recently. With a keen emphasis on enhancing user experience, developers have introduced new features and improvements. One such feature is an updated Details page, designed to increase usability.…
True Protein, a leading health and wellness brand, is set to revamp its True Electrolyte Formula. The refreshed product will sport a fresh look alongside the introduction of two exciting new flavours – strawberry and blueberry. Additionally, the company will…
VIPshop Holdings, a prominent Chinese online discount retailer, has reported a decrease in revenue and profit for the second quarter of the 2025 fiscal year. This decline is part of a broader strategic adjustment that the company is currently undertaking.…
Pure Sports Nutrition, a New Zealand-based company, has recently extended its Performance+ product line with the introduction of Race Recovery, a product specifically targeted at endurance athletes. Boosting Post-Exercise Recovery The company asserts that…
In June, Hong Kong experienced an increase in retail sales, albeit at a slower pace than the previous month of May. The total retail sales for the special administrative region came in at HK$30.1 billion (US$3.8 billion), marking a 0.7 per cent year-on-year…
Gold prices in Vietnam experienced a rebound on Monday afternoon, recovering somewhat from a sharp decline over the weekend, while global bullion rates remained stable. Gold Prices on the Rise The price of gold bars from the Saigon Jewelry Company increased…
Domestic car sales in Thailand experienced a glimmer of hope in April, marking a 1% year-on-year increase—the first boost in nearly two years, as reported by the Federation of Thai Industries (FTI). This slight recovery comes as a welcome surprise amid a…
A number of billion-dollar projects are in the works, signaling a robust economic recovery. Last week Danish toy company Lego received a license for a $1-billion factory in the southern province of Binh Duong. The company’s second-largest factory in Asia and…
Vietnam’s purchasing managers’ index rose to 53.7 in January 2022 from 52.5 in December, marking the highest growth since last April. The new index also points to the fourth straight month of growth, according to a report by U.K. research company IHS Markit.…
Cebu Pacific Air, the low-cost airline controlled by Philippine tycoon Lance Gokongwei and his siblings as part of JG Summit Holdings, said it has raised $250 million through the sale of convertible bonds to the International Finance Corp. and U.S. private…
