trip

Retail Asia13/04/2021

Syndicated lending in Asia Pacific plunged to the slowest quarter in eight years as the coronavirus pandemic took its toll with several countries imposing lockdowns and grinding a range of business activities to a halt. Loan volumes in Asia Pacific (ex-Japan) dropped 39% to US$68.92bn in the first quarter from US$113.79bn a year ago, while […]

Retail Asia01/11/2019

Singapore’s first multi-currency mobile wallet with a prepaid Mastercard announced that it has secured a Principal Licence from Mastercard and will assume the primary role of the issuer and stored value facility holder of YouTrip accounts. The principal license will allow YouTrip to deliver improved and additional features directly to its users, as well as […]

Retail Asia18/06/2019

Luxstay has raised $4.5 million from South Korean retailer GS Shop and venture capitalist Bon Angels in its bridge round. A Luxstay representative said Wednesday that receiving funding from reputable international investors in this round is an important stepping stone for the enterprise to expand to other areas in the future. GS Shop is a […]

Retail Asia26/02/2019

Asiana Airlines and its pilot labor union jointly announced their vision for safe airline operations, the airline said Friday. During a ceremony held for the announcement Thursday, they vowed to strengthen communications for safe flight operations and cooperate in enhancing airline sustainability. The ceremony was held at the company headquarters in Gangseo District, western Seoul. […]

Retail Asia19/02/2019

Bangkok, Tokyo, and Taipei are the top three most popular destinations for Asia-Pacific travellers over the Lunar New Year period in 2019, according to booking data from Agoda. This year, Osaka, slips from the third spot in 2018 to sixth, while Taiwan scoops three of the top ten destinations, with Taipei in third, and Kaohsiung […]

Retail Asia30/01/2019

Senai International Airport handled 3.52 million passengers last year, a 13% increase from the number of passengers recorded in 2017. Md Derick Basir, CEO of Senai Airport Terminal Services Sdn Bhd (SATSSB), the airport operator, said growth was mainly driven by domestic passengers with an increase of 234,650 passengers while international passenger traffic rose by […]

Retail Asia15/01/2019

Bamboo Airways, Vietnam’s newest airline, has begun ticket sales and its first flight is scheduled to take off next Wednesday. The airline has just officially opened ticket sales on Saturday. It has three ticket classes, Economy, Flexible Economy and Business Class, and unlike other low-cost carriers like VietJet and Jetstar Pacific, all passengers will be served […]

Retail Asia15/01/2019

Hong Kong-headquartered online travel agent Zuji collapsed on Friday owing HK$250,000 (US$32,000) to customers awaiting refunds. The firm – which was one of the first online travel agencies in Asia Pacific– failed to have its IATA agency licence renewed due to overdue payments to airlines for tickets sold to travellers. “Zuji is no longer a […]

Tag: trip

Trip.com to raise US$1.09bn in Hong Kong listing

YouTrip Takes Over Some Of EZ-Link Functions

Homestay startup raises $4.5 million

Asiana and pilots reach safe operations agreement

Agoda’s top Chinese New Year 2019 travel rankings

Senai Airport Malaysia records 13% passenger growth in 2018

Bamboo Airways to begin flying next week

Zuji Hong Kong goes bancrupt