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Thailand: China market poised to surge in Q4

Luxury hotel operators are expecting the Chinese market to pick up stronger late this year as there were no notable bookings from the mainland in the first quarter. Ho Ren Yung, senior vice-president of brand and commercial at Banyan Tree Group, said the company has seen an increase in bookings driven by Chinese tourists from February, […]

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Vietnam: Retail market returns to pre-pandemic level

The Vietnamese retail sector has recovered to the pre-COVID-19 level, with 53.8% of total retailers reporting similar or better business outcomes, according to Vietnam Report JSC. In its recently released survey, Vietnam Report said that after the pandemic is controlled, the Vietnamese retail market saw the speeding up of the application of digital technologies in […]

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Thailand: Evaluating the China effect

One-third of the world economy may slide into a recession this year, but the outlook for China remains more murky. The gloomy economic forecast was made by the International Monetary Fund (IMF), based on concerns over an economic slowdown in the US, the EU and China, but some analysts believe 2023 will be a year of […]

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