FINANCIAL INSECURITIES TO SLOWDOWN ASIA PACIFIC RETAIL SALES GROWTH RATE IN 2021 - The general impact of COVID-19 pandemic in the Asia-Pacific (APAC) region is still of great concern for most of the consumers with 66%* of the respondents expressing deep concerns about their financial situation uncertainties, thus restricting the shoppers from spending freely on retail goods, says GlobalData, a leading data and analytics company. Among the concerned respondent countries, the Philippines, Vietnam, and Malaysia accounted for the highest pro…
MALAYSIA E-COMMERCE MARKET TO GROW BY 10.6% IN 2021 - The Malaysian e-commerce market, one of the fastest growing in the Southeast Asia, is expected to register a strong growth of 10.6% in 2021 due to an accelerated shift towards online shopping among consumers caused by the COVID-19 pandemic, forecasts GlobalData, a leading data and analytics company. Nikhil Reddy, Payments Senior Analyst at GlobalData, comments: “Malaysia’s e-commerce market registered a robust growth for the last few years supported by rising Internet and smartphone penet…
SINGAPORE WELCOMES TWO-WAY TRAVEL WITH AUSTRALIA FROM 1 NOVEMBER - The Singapore Tourism Board welcomes the Singapore Government's announcement of a unilateral Vaccinated Travel Lane (VTL) with Australia, with designated flights to be launched on 8 November. This follows the Australian Government's press conference earlier this month, which announced that at least the borders of New South Wales and Victoria would be open for international travel from 1 November. This marks a significant step on the flight-path to recovery for both cou…
EUROPEAN PRIVATE JET MARKET SEES A 42% DROP IN THE NUMBER OF PRE-OWNED AIRCRAFT FOR SALE Photo by Chalo Garcia from Pexels Analysis (1) from Colibri Aircraft, the private jet broker which specialises in the marketing, resale and purchase of pre-owned private aircraft, reveals there are only around 142 pre-owned private jets for sale in Europe at the moment, which is 42% lower than in December 2019 (there were 243 pre-owned private jets for sale then), and 31% lower than December 2020 (there were 207 pre-owned private jets for sale then). …
EXPAT INSIDER SURVEY 2021: THE FUTURE OF WORKING ABROAD - Expats around the world talk about their career abroad and how the envision their future working life · Working expats around the world are well educated and most frequently work in the fields of education, IT, and finance. · The concept of New Work is most important in the USA, the UAE, Finland, Estonia, and the Netherlands — and relatively unimportant in Japan, Egypt, South Korea, Turkey, and India. · A good compe…
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