Tag : recovery

Asian tourism: The long road ahead

Compared to global peers, Asia’s travel and tourism sector appears better positioned to weather the lingering challenges in a post-Covid world. Amid international travel restrictions, domestic tourism shows signs of recovery - while talk of regional travel bubbles brings hope to the industry. This is the final instalment in Eastspring’s Asian Expert Series, exploring the future of Asia post Covid-19.

Asian financials: Bracing for challenges

Asian banks are in a stronger position now compared to the 2008 crisis; however, the longer it takes for economic recovery post Covid-19, the greater the likelihood of consolidation within the sector. Areas of concern include asset quality, profitability and the pace of digitisation. Operational and financial resilience will be the keys to success.