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October 2, 2023

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China’s outbound tourism sees robust recovery during ‘golden week’ holiday

According to data from China's leading travel platforms, orders for overseas trips during the eight-day holiday surged nearly 20 times compared with the same period last year.

  • Published: October 2, 20231:05 pm
  • Author Ann Asianews Network
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China’s 8-day National Day holiday sparks travel, consumption frenzy

The Mid-Autumn Festival and National Day holiday will go on till October 6. China Tourism Academy predicted that over 100 million passenger trips are expected to be made across…

  • Published: October 2, 202312:58 pm
  • Author Ann Asianews Network
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China Evergrande says boss suspected of ‘illegal crimes’

China Evergrande Group also said that the trading of its shares on the Hong Kong Stock Exchange has been suspended from 9:00 am on Thursday, and will remain suspended until…

  • Published: September 29, 20238:47 am
  • Author Zhong Nan
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TIkTok laments Indonesia’s social media commerce ban

Leveraging the platform’s rise in popularity, TikTok Shop had become the fifth-largest e-commerce platform in Indonesia by the end of last year despite its recent launch.

  • Published: September 29, 20238:36 am
  • Author Dio Suhenda
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Pop Mart banks on its first global theme park in Beijing for growth

According to its first half-year report this year, Pop Mart posted a revenue of 2.84 billion yuan and a net profit of 535 million yuan.

  • Published: September 28, 20238:35 am
  • Author Wang Zhuoqiong
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Amid shift to live-shopping, discounts are what ultimately matter

Social commerce has become a prominent trend over the past years as an alternative to selling goods online.

  • Published: September 25, 20239:41 am
  • Author Yohana Belinda
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Why Korean battery makers’ mass hiring still ‘not enough’ for tech race

Amid an industry-wide talent shortage, the competition heats up not just among battery rivals, but also with chipmakers.

  • Published: September 20, 20238:09 am
  • Author Byun Hye-jin
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Investor Ray Dalio compares Modi to Deng Xiaoping, praises India’s growth

The billionaire investor and co-chief investment officer of Bridgewater Associates also expressed his perspective on India’s economic growth potential, asserting that India…

  • Published: September 19, 20239:08 am
  • Author The Statesman
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Philippines on the rise, open for business, President Marcos tells investors

The President also told investors that the Philippines is working to improve the citizens’ technical and vocational skills, as well as bolstering the nation’s infrastructure.

  • Published: September 14, 20238:43 am
  • Author Jean Mangaluz
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Indonesia to ban goods transactions on social media: Deputy trade minister

Ministers have repeatedly said that e-commerce sellers using predatory pricing on social media platforms were threatening offline markets in South-east Asia’s biggest economy.

  • Published: September 13, 20239:47 am
  • Author Ann Asianews Network

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