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Business 23 Feb 2021 | 7:00 AM

Savills: Vietnam expects hospitality recovery in 2021

HANOI: January started on a positive note, with city hotels seeing increased MICE and event bookings, while in some resorts corporate bookings started to return, according to Savills Vietnam.

Business 05 Jan 2021 | 7:00 AM

Singapore set for slow recovery

SINGAPORE: Singapore marked its worst ever recession in 2020 due to the Covid-19 pandemic, although contraction moderated in the fourth quarter as the city-state lifted more coronavirus-related curbs, putting the economy on path to a slow and patchy recovery.