ASEAN: China promotes use of yuan
Shanghai – China published a five-year blueprint seeking economic and financial integration between southern Guangxi province and Southeast Asia, representing Beijing’s latest effort to promote international use of the yuan currency. China’s state council, or cabinet, has agreed to build … Continue reading ASEAN: China promotes use of yuan
ITB China and China Tourism extend strategic partnership
Berlin/Shanghai – Riding on the success of last year’s edition, ITB China, set to take place from 15 to 17 May in Shanghai, and the China Tourism Association (CTA) renewed their strategic partnerships. David Axiotis, General Manager of ITB China and … Continue reading ITB China and China Tourism extend strategic partnership
Myanmar: First solar power yacht in Asia
Kawthaung – Burma Boating, a sailing firm owned by Myanmar tourism trailblazers Memories Group, has unveiled the latest acquisition to its fleet – the S55, a 16.7-meter solar-powered yacht, which will offer expeditions around the Mergui Archipelago from January 2019. The S55 catamaran can … Continue reading Myanmar: First solar power yacht in Asia
India: Foxconn to begin assembling top-end iPhones
Mumbai/Delhi – Apple Inc will begin assembling its top-end iPhones in India through the local unit of Foxconn as early as 2019, the first time the Taiwanese contract manufacturer will have made the product in the country, according to a … Continue reading India: Foxconn to begin assembling top-end iPhones
Hong Kong welcomes New Year with big firework
Hong Kong – Hundreds of thousands of revellers in Hong Kong began the new year with the thunderous roar of HK$14 million (US$1.8 million) worth of fireworks going off above Victoria Harbour at the stroke of midnight. At least 340,000 … Continue reading Hong Kong welcomes New Year with big firework
Baidu invests in Chinese smart lock start-up
Beijing – Baidu, China’s dominant internet search engine operator, said on Tuesday that it led a 600 million yuan (US$87 million) financing round in Chinese smart lock start-up YunDing Network Technology, pushing further into the growing market for smart home … Continue reading Baidu invests in Chinese smart lock start-up
Retail sales in China still grew 8.1 percent
The S&P 500 has already given up all its gains from earlier in the year, and there’s precious little positive news to make businesses think that the market will bounce back any time soon. Underwhelming retail sales and industrial production … Continue reading Retail sales in China still grew 8.1 percent
Vacation rental business in Japan
Tokyo – The Preparation Committee of Vacation Rental Association agreed to establish an industry organization promoting the private lodging business in early 2019. At the preparation meeting for establishment that was made on December 11, 2018, the committee agreed on … Continue reading Vacation rental business in Japan
Thai Airways introduces mobile app
Bangkok – Thai Airways International Public Company Limited (THAI) has launched a new “Thai Airways” mobile application, with a new look that makes the customer travel experience more comfortable and convenient. The new mobile application increases channels for more customer reach … Continue reading Thai Airways introduces mobile app
BW : New website for hotel developers in Asia
Bangkok – Best Western Hotels & Resorts has launched a brand new website that provides essential information to hotel developers and owners in Asia. The new website, which is now live at bestwesternasiadevelopers.com, is dedicated to hotel developers and owners, … Continue reading BW : New website for hotel developers in Asia