Tag: holiday

Kenya declares public holiday to mourn flood victims

NAIROBI, Kenya (AP) — Kenya’s President William Ruto has declared Friday a public holiday to mourn the 238 people who have died due to ongoing flooding. The president on Wednesday said the day will be observed by national tree planting activities to help mitigate the effects of climate change. Kenya, along with other parts of […]

Tourism in China surges during May Day holiday but travelers turn frugal

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. China has reported a surge in tourism during the just concluded Labor Day holiday, but travelers cut back on their spending, in a sign that consumption in world’s second largest […]

China home sales slump 47% over May Day holiday vs 2023

BEIJING (Reuters) – China’s average daily home sales during the major May Day public holiday sank 47% from a year earlier, and were down around 30% from pre-pandemic levels in 2019 for the same holiday period, according to a private survey on Monday. Home sales fell in 19 of 22 surveyed cities during the five-day […]

China May Day holiday spending shows mixed picture on post-COVID recovery

By Sophie Yu and Casey Hall BEIJING (Reuters) -Domestic travellers spent 166.9 billion yuan ($23.13 billion) during one of China’s longest breaks, the May Day holiday, a rise of 13.5% from pre-pandemic levels, government data showed on Monday, but expenditure per head lagged 2019 rates. Boosting consumer confidence has presented a key challenge for Chinese […]

Indonesia first-quarter growth boosted by election, holiday spending

Southeast Asia’s largest economy expanded 5.11 percent in the first quarter this year (ADEK BERRY) Indonesia’s economic growth accelerated in the first quarter of 2024 on the back of election and religious holiday spending, official data showed Monday. Southeast Asia’s largest economy expanded 5.11 percent, Statistics Indonesia said, the highest level for three quarters and slightly higher […]