Places for the APTRA Insights seminar on 13th May in Singapore are filling fast. The seminar is the first of four to take place this year, the others scheduled for September. This year’s seminar programme is kindly sponsored by four APTRA members – Brown-Forman, Diageo, & PUIG.
APTRA welcomes Indonesian retailer PT Angkasa Pura Retail to the association. The recently formed subsidiary of PT Angkasa Pura 1’s operates retail concessions, both duty free and duty paid, as well as food and beverage outlets, at the parent company airport. It has ambitions to operate 15% of the airport’s commercial area by 2020.
For more information, please consult their website: http://www.angkasapuraretail.com/ or contact CEO Teges Prita Soraya. Full contact details are in the member directory in the Members Only section.
APTRA celebrates 10 years of support and assistance to the regional industry this year and to mark the occasion, the association will maintain a high profile throughout the TFWA Asia Pacific Exhibition & Conference event.
According to the ministry the number of Indonesian air passenger traffic between 2010 and 2014 totalled 335 million with an average annual growth of 15 per cent.
The Indonesian government is working on more G2G agreements to improve accessibility with regional and international destinations, and would open 217 pioneering routes in 28 provinces this year.
Korean Finance Minister Choi Kyung-hwan promised renovation and expansion of key tourism infrastructure on Jeju Island, including Jeju International Airport, inner-city duty-free stores and cruise ship facilities, as part of efforts to keep Jeju a major tourist destination.
Choi’s visit was aimed at discussing strategies to develop cruise tourism and duty-free shopping as a solution to bring back Chinese tourists, who recently started preferring Japan, which has become a hot destination in Asia because the yen has dropped to its lowest level in seven years.
However, as this article from Jing Daily explains, things have changed with Rajapaksa’s defeat at the polls this January to Maithripala Sirisena, who has been far more critical of major tourism and luxury development projects undertaken by Chinese companies—many of which have since been put on hold.
Under Sirisena’s leadership, less chummy ties between China and Sri Lanka have raised questions about the sustainability of Chinese tourist arrival growth. At the moment, the picture remains relatively rosy, with Sri Lanka sticking to its projection of 2.5 million Chinese visitors by 2016 and hoteliers like Shangri-La continuing their expansion in the country.
Australia is taking significant steps forward to in boosting tourism from China. The Minister for Trade and Investment has announced an extension of the current trial of online visa processing for Chinese visitors to allow three-year, multiple-entry visas for approved visitors. Visitors eligible to apply for the electronic travel authority (ETA) visas apply online, pay only $20 and receive an immediate response.
Wednesday 13th May at Marina Bay Sands, Singapore
APTRA invites you to a special seminar during the TFWA Asia Pacific Exhibition & Conference in Singapore. The seminar is designed to boost understanding of the duty free & travel retail commercial environment in the region and its potential.
The ‘APTRA Insights Seminar’, which APTRA members Brown Forman , Diageo and PUIG are kindly sponsoring, will take place over breakfast in Room 3211, Level 3, Marina Bay Sands Expo and Convention Centre on Wednesday 13th May from 07.30-09.30.
APTRA broadens its borders
Baron Philippe De Rothschild is one of France’s leading wine producer from France with production from Bordeaux, Chile and the Pays d’Oc region in South West France. The wine house produces luxury, iconic grand cru classé wines, such as Chateau Mouton-Rothshild, Chateau Clerc Milon, Chateau d’Armailhac as well as branded wines such as Mouton Cadet, the number one Bordeaux brand sold in the world. For more information, you can contact Henri Brunel, Duty free and travel retail director. Full contact details can be found in the members directory (in the members’ section).
Beijing Capital Airport Commercial & Trading Co. Ltd is the commercial revenues arm of Beijing Airports Group. The company, formerly a store located at the terminal of Beijing Capital International Airport (“BCIA”), was founded in 1988 and was officially established according to CAH’s specialized reorganization strategy. Today, ACT manages more than 46,000 square meters of commercial and retail space, nearly 100,000 commodities and more than 2,200 employees in the airports of eight municipalities, provinces and autonomous regions in China, including Beijing, Tianjin, Chongqing, Hubei, Jiangxi, Jilin, Inner Mongolia and Heilongjiang. For more information please contact Bruce Chai, Supervisor, Brand Management & Leasing Dept. Full contact details can be found in the members directory (in the members’ section).
Up in smoke? Tobacco policy watch
Recently adopted legislation in Sri Lanka is likely to have a negative impact on tobacco sales in Sri Lankan Duty Free shops. A law championed by the newly elected President and former Health Minister Maithripala Sirisena, was officially adopted earlier this month, states that pictorial health warnings should cover 80% of each tobacco pack. A grace period has been granted until June this year after which time, all non-compliant packets must be removed from shelves or the companies will face penalties. Efforts by APTRA and industry members with business interests in Sri Lanka to seek an exemption to the law for the duty free sector have not proved successful so far, but with parliamentary elections tabled for next month, there is still some hope. APTRA will keep members updated on progress on this issue.
In Taiwan, tobacco control group The John Tung Foundation has announced it is pressing for tighter tobacco controls. An 80% pictorial health warning (PHW), a display ban, a smoking ban both indoors and outdoors, an increase in excise duties in addition to health tax and, of concern for the duty free industry, a 19 stick allowance for inbound travellers. The latter would mean an end to arrivals duty free tobacco sales in the country and departures duty free at all airport stores elsewhere to travellers heading to Taiwan. APTRA is currently consulting with members concerned by the threat and will keep members informed.
On a more positive note, the government in South Korea has put off plans to raise the prices of duty free cigarettes according to a report early March in the Korean Herald. The decision comes amid fears that raising prices will hurt the price competitiveness of locally made cigarettes, vis-a-vis those sold in China. The government considered making adjustments after the price for local cigarettes was marked up by 2,000 won ($1.8) per pack starting this year. This caused the average price for a ten-pack carton of cigarettes to reach 45,000 won, around 60 percent more expensive than prices at duty-free stores in the country. Read the full story here.