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Search Result for “Coronavirus”

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BUSINESS

Japan eyes shift to ‘quality’ experiences as inbound tourism recovers

Published on 23/04/2023

» Japan's planned end of existing Covid-19 border control measures early next month is fuelling hopes for a further recovery in inbound tourists to pre-pandemic levels and beyond.

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BUSINESS

Sharks, tourists jostle for space in Maya Bay

Reuters, Published on 28/03/2023

» KRABI: On any given day in Thailand's Maya Bay, up to 40 blacktip reef sharks cruise in the cyan shallows while about 4,000 tourists visit its white-sand beach flanked by towering cliffs.

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BUSINESS

China travel rebound bets turn toward airports

Bloomberg News, Published on 23/03/2023

» SINGAPORE: Investors hoping to cash in on a boom in Chinese travel after nearly three years of coronavirus pandemic lockdowns are shifting into airports, hotels and duty-free operators and away from airlines subject to fluctuating fuel prices and more intense competition.

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BUSINESS

Bangkok business travel cost rises to $278 a day

Business, Sirinnaree Ongsakul, Published on 22/03/2023

» The cost of business travel to Bangkok has risen moderately by 4%, making it the 24th most expensive destination in Asia, while Singapore ranks second after Hong Kong this year, says ECA International (ECA).

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BUSINESS

Saudi Aramco reports 'record' $161 billion profit for 2022

AFP, Published on 12/03/2023

» RIYADH - Saudi Aramco said on Sunday it achieved "record" profits totalling $161.1 billion last year, drawing an outraged response from activists warning about the ravages of climate change.

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BUSINESS

Silicon Valley Bank shares plunge 60%

Business, Published on 11/03/2023

» Panic swept through the start-up industry on Thursday as investors at some venture capital firms urged portfolio companies to move their money from Silicon Valley Bank over concerns about the tech industry stalwart's financial stability.

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BUSINESS

25m-30m foreign arrivals expected - tourism minister

Reuters, Published on 09/03/2023

» Thailand is expecting to receive between 25 million and 30 million foreign visitors this year as its crucial travel sector rebounds, its Tourism and Sports Minister Phiphat Ratchakitprakarn said on Thursday.

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BUSINESS

Investors target high-class Pattaya hotels

Business, Molpasorn Shoowong, Published on 24/02/2023

» Hotel investors are focused on buying upscale establishments because of high demand from independent guests, instead of hotels targeting mass tour groups, which have unfavourable locations and produce low returns, say Pattaya operators.

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BUSINESS

Hong Kong unveils US$97bn recovery budget

AFP, Published on 22/02/2023

» HONG KONG: Hong Kong's finance chief unveiled a HK$761 billion (US$97 billion) budget on Wednesday, plunging into the coffers to pay for the recession-hit city's post-Covid recovery.

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BUSINESS

Q4 GDP growth slows, 2023 outlook trimmed

Published on 17/02/2023

» Thailand's economic growth slowed more than expected in the fourth quarter of 2022, as exports and manufacturing declined, but a rebound in the vital tourism sector should continue to boost the recovery this year amid weaker global demand.