Mention
These are the 10 safest countries to travel to right nowedit
GQ – Online
Traveling may have got a lot simpler over the years but thanks to rising political tensions around the world, it has also, somewhat paradoxically, become just tad tougher. So the folks at the World Economic Forum drew up a list of the safest countries to travel to in the world. The WEF conducted the study for Travel and Tourism Competitiveness Index to understand and measure “the set of factors and policies that enable the sustainable development of the travel and tourism sector, which in turn, contributes to the development and competitiveness of a country”.
5. Hong Kong SAR
Specific
Hong Kong April retail sales rise for second month, up 0.1 pct yr/yredit
The Economic Times – Online
In the three months through April, the volume of sales rose 3.2 percent, seasonally adjusted, from the preceding three months. COMMENTARY: A government spokesman indicated that retail sales was largely stable in April compared with year-ago levels, amid the sustained recovery in visitor arrivals. In recent months, the drag from the fall in tourist spending eased and local consumer sentiment continued to hold up well. Looking ahead, the near-term outlook for retail sales will hinge on the recovery in inbound tourism as well as the resilience of local consumption amid rising U.S. interest rates and other external uncertainties. The government will continue to monitor the situation closely.