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The rising popularity of South Korean culture, often referred to as the ‘Korean Wave’, is driving record numbers of international tourists to the country. In response, South Korean retailers are intensifying their marketing strategies to cater to the growing…
As South Korea prepares for the much-anticipated return of Chinese tour groups from September 29, retailers are taking proactive measures to welcome them. To cater to these visitors, who will be allowed visa-free entry, a wave of new promotions is on the…
Siam Piwat Co Ltd, has unveiled a four-pillar strategy it says will help boost its strengths as Thailand’s leading real estate and retail developer and maintain its leadership as a developer of global destinations, as part of its move to underpin the…
Vietnam was one of the 10 favorite destinations for Australian tourists in July, according to the Australian Bureau of Statistics. Over 18,500 visited Vietnam during the month, a 44% increase from the previous month. New Zealand topped the list of favorite…
China Tourism Group Duty Free Corp is aiming to raise up to $2.16 billion through a new listing in Hong Kong, according to a term sheet reviewed by Reuters, in what will be the largest share sale in the city so far this year. Shanghai-listed China Tourism is…
The number of new hospitality businesses is rising, but a shortage of staff and tourists from pre-Covid major markets are hampering the tourism industry’s revival. The number of foreign tourists rose 582 percent year-on-year to 602,000, while over 3,000 new…
The largest Vietnamese travel agency for Russian tourists has temporarily suspended its services for the market as a fallout of Western sanctions imposed on Russia.Anex Vietnam Travel and Trading announced the suspension after taking more than 300 Russian…
Vinpearl Jsc, the hospitality and entertainment arm of conglomerate Vingroup, saw first-half losses triple year-on-year due to the impacts of the coronavirus pandemic. The operator of premium resorts and theme parks recorded a loss of nearly VND5.1 trillion…
Macau souvenir bakery Koi Kei Bakery, known for its peanut brittle and almond biscuits, will be closing its Hong Kong branches in Tsim Tsa Tsui, Causeway Bay and Mong Kok this Saturday, leaving the airport outlet (pictured) its sole remaining store in the…
Puma’s worldwide sales surged 18.4 percent last year, to €5.502 billion and its pre-tax profit rose 40 percent to €262 million. But the positive results were tempered by a warning from CEO Bjorn Gulden about the year ahead given the outbreak of coronavirus in…
When Philippine President Rodrigo Duterte pursued closer foreign relations with China, he helped attract planeloads of Chinese tourists to the Southeast Asian nation. Now, the coronavirus outbreak is reversing the trend, much to the chagrin of airline…
Nippon Passport has raised ¥200 million (US$1.82 million) in pre-series A funding, led by private investors and business companies through a third-party allotment. In response to the Japanese government’s target to attract 60 million foreign tourists annually…
Vietnam will cut down 75 percent of its marine plastics and stop generating plastic waste in coastal tourist areas by 2030, the government says. Prime Minister Nguyen Xuan Phuc has issued a national action plan on the management of plastic waste in the ocean…
Declining Mainland Chinese visitors to Hong Kong have put a dent in Dickson Concepts’ sales and profit in the first half of its fiscal year. Dickson Concepts, which owns the Harvey Nichols department store network, has reported a 6.6 percent decline in sales…
International travelers can now use mobile payments in China as Alipay has launched a new version of its payment app designed for short-term overseas visitors. After installing the Alipay app, international visitors can register with their overseas mobile…
Bossini Singapore opened a new store concept at Jewel Changi today. The fashion retailer says shoppers can look forward to an enhanced visual and shopping experience in the new store. The interior is fitted out with materials that resemble nature while walls…
