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China Stocks Plunge In Pandemic

Category: Real estate, Posted:08 Jul 2015 | 11:29 am

All eyes today in the financial markets are looking at China, which is seeing a massive devaluation of stocks.
Hundreds of companies have requested that their traded shares be suspended.
Over the last month nearly 30% of the market value has evaporated.
While the impending Grexit was thought to have been this week's top news story, China is now front and center stage.
For tourism players the downturn may very well be immense.
Again 2015 is shaping up by disruptive events across the globe.
Should the Euro drop and the Chinese travel market retract, Phuket may soon be wishing for a return to the good old days.

Other News

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REMINDER Online Thailand Event This Week

Category: Real estate, Posted:20 Jul 2021 | 15:15 pm Give us one-hour this Thursday and we will give you a complete rundown on Thailand’s resort real estate sector including special insight into hotel-branded residences, co-living, tech strategies, integrated resort communities, and lifestyle property. Check out the latest data on Phuket, Koh Samui, Hua Hin and Pattaya. Sign up now for this free online event. Sign up
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Outrigger Buys Three Hotels in Thailand

Category: Hotels, Posted:19 Jul 2021 | 09:12 am The US-based Outrigger Hospitality Group has bought three hotels in Phuket, Koh Samui and Khao Lak. A portfolio deal, the properties had been under Manathai and will be converted to Outrigger. The new names of the hotels will be Outrigger Koh Samui Beach Resort, Outrigger Khao Lak Beach Resort and Phuket Manathai by Outrigger. Given […]
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All The Jazz. It’s Saturday Video Updates

Category: Tourism, Posted:17 Jul 2021 | 12:20 pm One of the positives of the pandemic is seeing spirited entrepreneurs recreate their business models. We are presenting a story form Phuket about how a furniture factory owner got out of the box and created an entirely new handcrafted business. Made in Phuket. Surfskate with Island Boards We also have a full video of last […]