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2019 expected to be strong year for hotel investment

THE Asia-Pacific is the only region that can expect growth in hotel transaction volumes this year, according to the latest JLL Hotel Investment Outlook. The global real-estate consultant anticipates Asia-Pacific’s total hotel transaction volume to hit US$9.5 billion (Bt297 billion) this year, marking a 15-per-cent increase from last year. In 2018, transaction activity was fuelled […]

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Tech trends redefining Asian business

As consumer expectations and the business environment evolve at an even faster rate, clear market winners and losers will begin to emerge.  Businesses seeking to navigate the complex web of digital transformation, disruption and evolution need to be aware of three key trends that will affect Asian enterprises in 2019. Understanding and exploiting them will be […]

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Cambodia 3rd in Asean for tourist growth

In 2018 Cambodia experienced the third largest increase in international tourists in Asean, behind only Vietnam and Indonesia, according to data recently released by the Ministry of Tourism. Last year, the number of international tourists visiting the Kingdom grew by 11 percent, a rate surpassed only by Indonesia, where foreign tourist arrivals grew by 11.6 […]

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Asian markets gain, China growth 28-year low

Asian markets on Monday built on last week’s rally as investors cheered a report that China had offered to eliminate its massive trade surplus with the US, while data showed Chinese economic growth hit forecasts last year. Regional equities picked up where they finished on Friday after Bloomberg said Beijing had pledged to ramp up […]

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