Global / Articles

February 18, 2020 - brandsouthafrica.com

South Africa to draw expat goodwill and expertise in Australia

Brand South Africa’s new international program is seeking to inspire South African expats to contribute toward the promotion of a positive image of the Nation Brand.

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With the coronavirus on the rise, the cruise industry has been hit especially hard. With each cancelled cruise, organizations such as Royal Caribbean lose an estimated $3-4 million dollars. This virus is anticipated to have a similarly detrimental effect as the $40 billion cost of the SARS in the early 2000s.

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January 29, 2020 - Straits Times

Thailand cuts 2020 economic growth forecast amid Wuhan virus spread - by Straits Times

Southeast Asia’s second-largest economy, Thailand, has been heavily impacted by the US-China trade tensions and sluggish global demands. Due to the outbreak of coronavirus, the number of Chinese tourists to Thailand is anticipated to fall to 9 million from last year’s 11 million.

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January 28, 2020 - Luxury Travel Advisor

Tourism Analyst: Coronavirus Outbreak Could Have Big Impact on Travel - by Adam Leposa

With the coronavirus outbreak affecting so many people in China, the world's largest source market for international travel, the entire international community could face a decline in tourism dollars and traffic.

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Mercer’s 2019 Cost of Living Survey finds that eight out of the top ten of the world’s most expensive cities for expatriates are Asian cities, resulting from high costs for expatriate consumer goods and a dynamic housing market.

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