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  • July 26, 2014
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  1. Comment - Blogs

    Investors favour online travel with Tujia funding

    Posted Jun 20th 2014, 10:46am by Doug Young

    ... Doug Young A new mega-funding by Tujia is the latest sign of overheating in the online travel space, with a wave of consolidation likely to follow in the next 2-3 years Online travel is quickly taking on a new cult-like status among investors, with word of a major new funding for vacation rental site Tujia. This latest fund-raising frenzy in online travel looks very similar ...

    http://www.scmp.com/comment/blogs/article/1536728/investors-favor-online-travel-tujia-funding
  2. Business - Banking & Finance

    Argentina's travelling supporters undercut efforts to stabilise the peso

    Posted Jun 12th 2014, 04:43am by BLOOM

    ... to travel across the border to see the national team try to win a third World Cup title. Each fan will spend about US$2,000, bringing total spending to US$200 million, according to Luis Secco, ... 9 per cent in the past month, while consumption by travellers using credit cards or buying pesos on the official market would dent reserves already hovering near an eight-year low at US$28.6 ...

    http://www.scmp.com/business/banking-finance/article/1530381/argentinas-travelling-supporters-undercut-efforts-stabilise
  3. Business - China Business

    China Travel's Wang Shuaiting sent hand-written letter of resignation

    Posted May 24th 2014, 01:52am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Travel boss quit in letter done by hand Wang Shuaiting personally hand-wrote a letter to China Travel International Investment Hong Kong asking to resign as chairman of the Hong Kong-listed company for "personal reasons", China Travel's executive director Xu Muhan revealed yesterday at a press conference. Xu said Wang was in Beijing ...

    http://www.scmp.com/business/china-business/article/1519191/china-travels-wang-shuaiting-sent-hand-written-letter
  4. Business - Companies - TRAVEL

    Travelzoo eyes 200 million Chinese travellers

    Posted May 16th 2014, 11:27am by Benjamin Robertson

    ... Benjamin Robertson benjamin.robertson@scmp.com Travelzoo Asia-Pacific's Jason Yap talks about the impact of mainland travellers on the industry Preparing the world for wave of Chinese ... from last year, brokerage CLSA estimates. And China is just one country among many boasting a fast-growing middle class eager to travel. By 2030, there will be 1.8 billion people travelling ...

    http://www.scmp.com/business/companies/article/1513348/travelzoo-eyes-200-million-chinese-travellers
  5. Business - Comment - LAI SEE

    Why no travel alert for mainland China with this grim toll?

    Posted May 08th 2014, 12:42am by Howard Winn

    ... Howard Winn Travelling in mainland China is becoming more risky. In yesterday’s South China Morning Post, we read that six people were wounded in a knife attack at Guangzhou railway ... repeatedly drove his car onto the pavement. By the standards our Security Bureau applies,  this would have attracted some comment on its Outbound Travel Alert System, if not an alert of some kind. ...

    http://www.scmp.com/business/article/1507055/why-no-travel-alert-mainland-china-grim-toll
  6. Business - China Business

    Mainland China travel itch to be felt worldwide soon

    Posted May 05th 2014, 05:38am by Benjamin Robertson

    ... Benjamin Robertson benjamin.robertson@scmp.com Mainland travel itch to be felt worldwide soon The staggering number of middle-class mainlanders forecast to soon catch the travel bug ... will become a big economic and cultural power and will change the pattern of the global travel and tourism industry. It will have a huge impact on this industry," said Chen Feng, the chairman ...

    http://www.scmp.com/business/china-business/article/1504565/mainland-china-travel-itch-be-felt-worldwide-soon
  7. Business - China Business - TOURISM

    Travel trade calls for shake-up to meet mainland China tourist boom

    Posted May 05th 2014, 05:38am by Benjamin Robertson

    ... Benjamin Robertson benjamin.robertson@scmp.com The surge in mainlanders travelling abroad has spurred the tourism industry to call for an overhaul in infrastructure and visa policies The Chinese are coming From Auckland to Angkor Wat, Chinese tourists are exploring the world in numbers that has the travel industry rushing to lay out the welcome mat. The challenge remains whether ...

    http://www.scmp.com/business/china-business/article/1504563/travel-trade-calls-shake-meet-mainland-china-tourist-boom
  8. Business - Comment - JAKE'S VIEW JAKE VAN DER KAMP

    Let spoiled airlines fund Hong Kong's third runway, not the public purse

    Posted Jul 22nd 2014, 12:01am by Jake Van Der Kamp

    ... money in its demands that we lay out up to HK$200 billion to save airline customers the inconvenience of taking a flight at a not entirely suitable time. These travellers must wait for 15 minutes if they travel at peak hours. What horror. How can they possibly put up with it? Surely Hong Kong is obliged to remedy this breach of human rights. Don't get me wrong. I am all ...

    http://www.scmp.com/business/article/1557115/let-spoiled-airlines-fund-hong-kongs-third-runway-not-public-purse
  9. Business - China Business - ACQUISITIONS

    China's State Grid near deal for stake in Italian energy grid firm

    Posted Jul 22nd 2014, 10:28am by Reuters

    ... chief executive Giovanni Tempini is travelling to China with Italian Economy Minister Pier Padoan today and tomorrow. According to one of the sources, a meeting has been organised between ...

    http://www.scmp.com/business/china-business/article/1557142/chinas-state-grid-near-deal-stake-italian-energy-grid-firm
  10. Business - Companies - TECHNOLOGY

    China regulator sees Qualcomm as having a monopoly

    Posted Jul 25th 2014, 01:35am by Reuters

    ... fund" in China yesterday, declined to take questions from reporters. A spokeswoman travelling with Mollenkopf also declined to comment on the report. The NDRC declined to provide immediate ...

    http://www.scmp.com/business/companies/article/1558528/china-regulator-sees-qualcomm-having-monopoly

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