Hong Kong retail sales dipped for the month of August on an annual basis, with the return in tourist arrivals unable to boost retail sales in key categories, according to data released on September 30…
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Hong Kong ends mandatory quarantine for overseas arrivals with a new ‘0+3’ scheme
Announced on Friday last week, Hong Kong has ended its mandatory hotel quarantine for overseas arrivals after more than two years, easing one of the world’s toughest pandemic control policies.…
A cautious revival of Thai tourism is underway
Despite the detrimental effects of the pandemic, Thailand’s tourism industry is recovering, boosted by both foreign and domestic travellers. In August 2021, inbound search rates were 39 percent lower …
Online payment for overseas purchases in South Korea increased 19.6 percent in Q2
In the second quarter of this year, Koreans made fewer overseas direct purchases online compared to the previous quarter because of the KRW/USD currency rate.…
60 percent of Saudi consumers explores wider brand range post-pandemic
A recent survey conducted by NielsenIQ reports that 60 percent of Saudi Arabian consumers are buying a wider range of brands than they used to before Covid-19. These findings were published in the Bra…
Burberry closes prominent flagship in Hong Kong
British luxury fashion house Burberry leaves Hong Kong’s renowned shopping district Canton Road.…
Hong Kong government releases second batch of consumption voucher in August
Last year, the Hong Kong government launched the Consumption Voucher Scheme in an effort to stimulate the city’s economy in the wake of the Covid-19 outbreak. Last year, the Hong Kong government launc…
Japan considers resuming the travel subsidy programme in July
Japan is considering resuming the “Go To Travel” campaign in July to foreigners and locals in order to encourage travel within the country.…
What does easing Covid curbs mean for China’s supply chain
Shanghai has been in lockdown for the past two months, restrictions had finally been lifted on 1st June. Plans have also been put in place to revive the city’s economy, which has been affected heavily…
March retail sales dip 13.8 percent in Hong Kong
The value of Hong Kong’s retail sales in March, provisionally estimated at HKD 23.8 billion (USD 3 billion), decreased 13.8 percent compared with the same month in 2021, the Census & Statis…