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Published on 17/03/2020
» Governments in Europe tightened curbs on free movement to stem the outbreak and are exploring ways to ease the financial impact. US Treasury Secretary Steven Mnuchin is rallying Senate Republicans to quickly pass the House package of economic measures. Goldman Sachs Group now expects China’s economy to contract by 9% in the first quarter and Hong Kong’s jobless rate rose to a nine-year high. The Philippines became the first country to shut its markets in response to the widening coronavirus outbreak and some regulators in Europe banned short selling. US equity futures and European stocks reversed gains.
AFP, Published on 16/04/2018
» BEIJING: China is encouraging its southern island of Hainan to develop horse racing and introduce a raft of reforms as Beijing pushes the tropical tourism destination as a beacon of openness.
Bloomberg News, Published on 22/02/2018
» Myanmar tourist arrivals rose 18% last year to 3.44 million visitors, despite international condemnation over the treatment of its Rohingya Muslim population.
Spectrum, Published on 02/10/2016
» Sales in the Phuket luxury residential market have slowed down in recent years as demand has grown at a slower pace. An adverse reaction to this is that the number of new residential project launches has started declining in response to slower sales.
Business, Bloomberg News, Published on 29/09/2015
» Tokyo: The Walt Disney Co's new park in Shanghai would help the Uniqlo casual wear brand expand in China, Fast Retailing Co chairman Tadashi Yanai said on Saturday, shrugging off concerns over an economic slowdown in the Japanese retailer's largest overseas market.
Jon Fernquest, Published on 23/08/2011
» Negative Tsunami effect, oil prices and inflation picking up pace, improved automobile, electronic exports and tourism may push growth up at end of year.