Category Archives: INDUSTRY NEWS

Right person, right moment, right time

unnamedThink with Google
In this edition of Google’s “Think with Google” service, the internet marketing giant reveals how Beacon technology can make the shopper experience seamless, creating few gaps between the various retail channels. In today’s omnichannel consumer market, shoppers are increasingly looking to get what they want when they want it. Google explains how new open source Beacon technology enables retailers to communicate with consumers via websites, and mobile apps. And the technology is not just one-way. Beacons enable marketers to analyse which mobile advertising messages are more effective in driving consumers into stores. As the article concludes, the technology and usage is expected to grow exponentially in the next five years.
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India to be sixth largest business travel market by 2019

unnamed (3)TTG
India will become the world’s sixth largest corporate travel market in the next five years, based on forecasts in a report by the Global Business Travel Association (GBTA) Foundation. GBTA says India will jump four places to take the sixth place, but will already surpass both Brazil, South Korea and Italy between this and the end of next year.
According to GBTA, India will see a growth of 10.7% in business travel spending for the market in 2016 followed by another 10.2% next year. Domestic spending would be the key driver of India’s overall business travel performance, which is expected to grow 11.5 per cent in 2016 and 10.3 per cent in 2017, while international travel will grow by just over 3% in 2016 but will increase to around 9% in 2017, spurred by an improved global economy.
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India to extend e-visa scheme to 36 more countries

6TTG Asia
The Indian government is looking to extend e-visa facilities to citizens of 36 more countries including Italy, Iran, Egypt, Qatar, Bahrain, Saudi Arabia, Maldives, Morocco, Nigeria, Ethiopia, Turkey, Kazakhstan and Morocco. India’s ministry of tourism has sent a proposal to the ministry of home affairs and it is likely to be cleared before the beginning of the October inbound season, said an informed source.
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More direct links fueling Cambodia’s visitor growth

7TTG Asia
Cambodia’s increasing air connectivity is the key driver accounting for the South-east Asian nation’s continued tourism growth, according to local tour operators.

The latest figures from Cambodia Airports (CA) show a five per cent year-on-year increase in international visitors landing at the country’s three international airports between January and June with more than 3.4 million passing through Siem Reap, Sihanoukville and Phnom Penh airports.

Phnom Penh International Airport saw the largest increase of 10 per cent.
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Plain packaging eases illicit trade

plain_packaging

Malay Mail online

According to a report in the Malay Online, plain packaging is helping to make the illicit tobacco trade easier for criminals. “The introduction of “plain packaging” for all tobacco products sold in Australia is a perfect example of a government unwittingly making a crime already viewed as easy even easier and more profitable” according to the article which also cites a report by KPMG which points to a 25% increase in illicit trade following the introduction of plain packaging in Australia.

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Impulse luxury purchases on Wechat

impulse_luxury

Jing Daily

As mobile commerce continues to grow in China, Chinese consumers are increasingly using WeChat to make “impulse” purchases, according to McKinsey’s recently released iConsumer China 2016 survey.

The survey finds that the percentage of WeChat users making purchases on the platform has more than doubled in the past year, rising from 15 percent in 2015 to 31 percent in 2016. Their top channel for purchase on the app is through JD.com, which takes up 32 percent of purchases, while moments and groups, links to other apps, and public accounts take up 22 to 23 percent each.

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Singaporeans still willing to splurge on travel

singapore

TTG Asia

Despite a softening global economy, Singaporeans indicated that they are still willing to spend more on travel, according to a report in Travel journal TTG Asia.

While 68 per cent stated that they are becoming increasingly cost-conscious in their personal finances this year, 81 per cent indicated that they will still travel about the same or more than the previous year.

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