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If there is one phrase which describes the financial performance of the autonomous region of Macau, it is punching above its own weight. Thought to be home to just 600,000 people, the area remains in rude health with its economy expanding by 6.1 percent year-on-year in the third quarter of 2017 and growth across the first three-quarters of the year being recorded at 9.3 percent year-on-year in real terms.
Started two years ago, I have been writing about future trends for the upcoming years. Last year, I wrote about the top 5 green trends for 2016 so I thought I would repeat the idea this year but I would throw a twist by mixing green with techie as it is what Fullcircle Innovations's newest site: Grendz.com is all about it.
As the world continues to dump down oil barrels prices, searching for new political collaborations and resources alternatives, shutting down nuclear plants (well, Japan still needs to learn from this one) and reinventing itself towards a greener path. We can finally sing along (paraphrasing Phill Collins): "I can feel it coming : green is in the air tonight, oh Lord And I've been waiting for this moment for all my life, Oh Lord "
I'm writing this edition of my Tourist Take from Sydney, Australia. Three weeks ago I was approached by Liberta Inc's CEO, Keijiro Sawano, to assist with a regional revitalization initiative called Heartland.
The couple Jack Bayles and Fay Chen have been instrumental in helping Japanese discover organic and healthy foods even as the nation forgets its own heritage and takes on a Western diet.
The Japan Tourism Agency (JTA) had more good news to share last week, when they announced that Japan had attracted 28,961,000 foreign travelers in calendar year 2017, up 19.3% on 2016. They spent a record JPY4.416trn (US$40bn).
How did we do with our 2017 picks? We got one right (Trump and a business pickup in his first year), two wrong (Inbound tourism is still pumping, and Toyota is not doing anything notable in Electric Vehicles yet), and two others still developing.
For a foreign customer who doesn't know the JTB name, it's a surprise when the Japanese web site suddenly demands a pre-payment and often with severe penalties.
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