January Report 2019 Contents

Home , Chhath, Double Ninth Festival, Federal Territory Day, Gawai Dayak, Govardhan Puja

intelligence

Tax Free Trends

Summary 03

Tax Free Sales Trends 05

A Glance at Indian tourists' spending habits 06

Tax Free Sales by Destination and Source 07

Top 5 Visitor Nations per Destination Country 09

Currency Trends 11

Arrivals Forecast

Europe Overview 13

France 14

United Kingdom 15

Italy 16

Spain 17

Germany 18

Austria 19

Finland 20

Portugal 21

Ireland 22

Czech Republic 23

Planet International Calendar 24

January Report 2019 Planet Intelligence | 2 Shopping & Arrivals Growth Summary - January 2019 Top 5 Destination Markets +1% Total Sales Tax Free Vouchers/ Avg. Transaction Arrival Sales Turnover Transaction Values (ATV) Numbers

France +5% -3% +8% -5% United Kingdom -1% -8% +8% +2% Italy +6% +9% -3% 0% -2% Total Vouchers Spain -3% +14% -14% +7% Germany -11% -10% -2% -3%

Top 5 Source Markets Tax Free Vouchers/ Avg. Transaction Arrival Sales Turnover Transaction Values (ATV) Numbers +3% Total ATV China +8% +1% +8% +32% USA +21% +7% +13% +6% Russia -22% -18% -5% -10% Taiwan +51% +4% +45% +21% +1% South Korea +6% +4% +2% -2% Total Arrivals

January Report 2019 Planet Intelligence | 3 Shopping & Arrivals Growth Summary - YTD Top 5 Destination Markets +1% Total Sales Tax Free Vouchers/ Avg. Transaction Arrival Sales Turnover Transaction Values (ATV) Numbers

France +5% -3% +8% -5% United Kingdom -1% -8% +8% +2% Italy +6% +9% -3% 0% -2% Total Vouchers Spain -3% +14% -14% +7% Germany -11% -10% -2% -3%

January Report 2019 Planet Intelligence | 4 Tax Free Shopping Sales Trends – January 2019

Overview Sterling hits two-month high The start of the year saw a modest lift in Tax Free shopping against euro and US dollar sales, increasing 1% year-on-year in January 2019. This marks the fourth consecutive month of growth, mirroring despite Brexit uncertainty the 1% growth registered in in January 2018. The strength of the pound has taken an upward turn, Markets in Germany and Spain have been the main with sterling currently enjoying a two-month high contributors to the tepid growth this month. Spain against the euro and the US dollar. saw a drop in the average transaction value (ATV) of its international shoppers, causing a sales decline of 3%. Sales On the morning of Wednesday 6th February, the pound in Germany dropped by 11%, partly as a result of a decrease traded above $1.30 (€1.14) – a move that many currency in the overall number of transactions. analysts linked to the increased likelihood of a delayed Brexit. In addition, there is renewed optimism that But against all odds, France posted 5% year-on-year British politicians are considering active measures to growth. This will be welcomed by many retailers who have avoid a no-deal Brexit. suffered after two consecutive months of decline, likely driven by the effects of the political ‘Gilets Jaunes’ protests. The cross-government endorsement of a proposal to postpone the current deadline was welcomed by The outlook for arrival numbers for the first quarter of 2019 Shadow Chancellor John McDonnell, who said the is modest but positive, with a predicted 1% increase. Most proposal was a "sensible" way of preventing a worrying European countries will experience growth, with the no-deal exit. The currency market appeared to have exception of France, which can expect a 3% reacted positively to the stalemate that has left year-on-year decline. Parliament in limbo since the January 15th vote.

However, although the Pound has strengthened over Y/Y Sales Growth 2018 2019 the past month, it is still considerably weaker than 30% it was before the Brexit vote. Sterling has fallen by i 25% 19% since the EU referendum . This is something that tourists from countries such as the US have capitalised 20% on. Tax Free sales to US shoppers increased by 17% 15% year-on-year for the month of January – far above the 10% -1% total performance of the United Kingdom. While this two-month uptick may signal green shoots for the 5% pound, the currency has a long way to go to regain its 0% former strength. -5%

-10% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC ihttps://www.finder.com/uk/brexit-pound

January Report 2019 Planet Intelligence | 5 A glance at Indian tourists’ spending habits

We have seen a considerable increase in Tax Free sales Indian Tourist Sales Growth: Europe to Indian tourists over the past few years, which is unsurprising considering the sustained boom of the emerging economy, and India being the world’s largest 41.8% democracy with a population of 1.3 billion people. The 32.0% country boasts the eleventh-highest number of high-net- worth individuals (HNWI), the fastest growing in the world in terms of HNWI population expansion in 2017ii. The country ranks eleventh for its amount of millionaires and third for 24.4% its number of billionairesiii. 10.7% 5.9% Tax Free shopping spend by Indian shoppers has gone from strength to strength, posting double-digit growth four years in a row. Growth only slowed to 5.9% last year as a result of a weakened rupee-euro rate. 2014 2015 2016 2017 2018 Indian tourists have a strong desire to visit Europe, with just under half preferring to travel to the United Kingdom, France and Germany. Other top travel destinations ATV by Age Group Sales Mix by age group for Indian tourists include the Arab Gulf nations, Italy, Switzerland and Turkeyiv. €942 Gen Z 1% Baby Boomers The older generation of Indian shoppers topped the 14% €787 spending the chart, with Baby Boomers parting with 42% more in ATV compared with India’s Gen-Z shoppers. €678 However, it is shoppers from Gen-X and Gen-Y who shop the most overall, with sales from these two age bands €546 equating to 85% of all Tax Free sales to Indian shoppers. Gen Y 41% Arrivals of Indian tourists to Europe for the months of January through to March 2019 look set to outperform the overall market, posting a projected 3.1% year-on-year Gen X increase in arrivals versus a forecasted 1.1% for total Baby Boomers 44% Gen X arrivals to the continent. Gen Y Gen Z iiCapgemini World Wealth report 2018 iiiHurun Global Rich List 2018 ivOxford economics 2018 2018

January Report 2019 Planet Intelligence | 6 Sales Performance - January 2019

By Destination By Source Market

FRA +5.1% CHN +8.4%

GBR -1.0% USA +20.9%

ITA +6.2% RUS -21.7%

ESP -2.6% TWN +50.6%

DEU -11.3% KOR +5.6%

AUT -4.8% HKG -31.2%

PRT -13.2% KWT +2.4%

CZE -15.7% UAE -3.9%

IRL +4.6% QAT +30.8%

CHE -20.8% THA -0.3%

January Report 2019 Planet Intelligence | 7 Sales Performance - YTD

By Destination By Source Market

FRA +5.1% CHN +8.4%

GBR -1.0% USA +20.9%

ITA +6.2% RUS -21.7%

ESP -2.6% TWN +50.6%

DEU -11.3% KOR +5.6%

AUT -4.8% HKG -31.2%

PRT -13.2% KWT +2.4%

CZE -15.7% UAE -3.9%

IRL +4.6% QAT +30.8%

CHE -20.8% THA -0.3%

January Report 2019 Planet Intelligence | 8 Top 5 Visitor Nations per Destination Country – January 2019

Top 5 Share ATV Y/Y Sales Top 5 Share ATV Y/Y Sales FRA CHINA 33% € 1,952 +23% AUT RUSSIA 19% € 416 -31% USA 9% € 1,339 +27% CHINA 14% € 632 +9% TAIWAN 7% € 2,984 +95% SWITZERLAND 9% € 408 -16% SOUTH KOREA 5% € 673 -3% UKRAINE 7% € 442 -9% HONG KONG 4% € 3,013 -54% TAIWAN 7% € 651 +127%

GBR CHINA 21% € 443 -3% PRT BRAZIL 30% € 408 -9% KUWAIT 9% € 339 +4% ANGOLA 26% € 481 +15% UAE 6% € 552 -4% CHINA 12% € 1,077 -48% QATAR 6% € 789 +17% USA 4% € 1,030 +227% USA 6% € 502 +17% MOZAMBIQUE 4% € 462 +18%

ITA CHINA 21% € 1,056 -7% CZE RUSSIA 32% € 302 -35% RUSSIA 15% € 657 -11% TAIWAN 20% € 233 +23% USA 8% € 1,004 +19% CHINA 13% € 287 +1% JAPAN 4% € 821 +22% ISRAEL 5% € 200 +4% TAIWAN 4% € 1,176 +24% SOUTH KOREA 4% € 188 -37%

ESP CHINA 21% € 678 +10% IRL CHINA 38% € 424 -4% RUSSIA 9% € 388 -19% USA 23% € 198 +15% USA 7% € 614 +10% AUSTRALIA 5% € 175 -9% SOUTH KOREA 6% € 327 +49% UAE 5% € 408 +70% MOROCCO 5% € 263 -9% MALAYSIA 4% € 294 -2%

DEU CHINA 31% € 732 -5% CHE CHINA 15% € 1,370 -48% RUSSIA 13% € 424 -25% RUSSIA 12% € 1,236 -25% THAILAND 6% € 1,037 +20% UAE 10% € 2,868 +40% SWITZERLAND 4% € 344 -5% USA 6% € 1,509 -21% TAIWAN 3% € 413 -22% THAILAND 6% € 1,186 +47%

January Report 2019 Planet Intelligence | 9 Top 5 Visitor Nations per Destination Country – YTD

January Report 2019 Planet Intelligence | 10 Currency vs Euro & GBP: Top Source Markets

Currency movements: Last 52 Weeks

CNY > EUR RUB > EUR CNY > GBP

8.2 82 9.2

8.1 80 9.1 8.0 78 9.0 7.9 76 8.9 7.8 74 8.8 7.7 72 8.7 7.6 70 7.5 8.6

7.4 68 8.5

7.3 66 8.4

USD > EUR HKD > EUR USD > GBP

1.26 9.8 1.45

1.24 9.6 1.40 1.22 9.4 1.35 1.20 9.2 1.18 1.30 9.0 1.16 1.25 8.8 1.14

1.12 8.6 1.20

January Report 2019 Planet Intelligence | 11 Arrivals Forecast

In partnership with

Know tomorrow’s travellers

January Report 2019 Planet Intelligence | 12 Europe Total GBR FRA IRL

Overview +6.2% +1.1% +2.9% +1.3% +10.1% -2.5% +6.5% +5.6%

Destination Market Insights JAN 18 - MAR 18 JAN 19 - MAR 19 Overall, in the first quarter we expect to see a 1.1% increase in non-EU tourist arrivals – a sharp contrast to CZE the 6.2% growth seen in the same period in the prior year. Similar to the trend experienced in November, all countries are predicted to see an increase in tourist arrvials, year +3.9% +2.4% on year. The only exception is likely to be France, whose predicted 2.5% fall in arrivals could be attributed to the ongoing political unrest in the country. The highest performing countries for the quarter look to be Portugal and Ireland, with arrival growth of 6.1% and 5.6%, respectively. While the rate of gains appears to be AUT tepid compared with last year, overall opportunities for sales growth continue to look positive for retailers. Source Market Insights +1.9% +4.7% January through to March will see a host of holiday events, including Russian Orthodox New Year, Chinese New Year, as well as the Easter period. This will invariably drive an increase in arrivals from a number of nations. Chinese New Year is predicted to see arrivals to Europe FIN from Taiwan to increase by 20%, an 18% boost to arrivals from Hong Kong, and a 12% increase among shoppers from mainland China. Only France, Italy and Ireland +6.2% +2.2% are predicted to post single-digit gains in arrivals among these visiting nations. Travel from the US to Europe is also forecast to increase by 11%, further to the 4% growth posted for the same period in 2018, and will continue to be driven by the ongoing strength in the currency and domestic ITA ESP DEU PRT economyv. +9.8% +2.2% +7.4% +1.3% -0.3% +1.6% +14.9% +6.1% vForwardKeys data Q1 2019

Planet Intelligence | 13 Know tomorrow’s travellers 3 Month Arrivals RUS CHN HNG

Outlook - France +12.5% -17.2% +7.7% +2.2% +13.6% +5.1%

JAN 18 - MAR 18 JAN 19 - MAR 19

USA KOR

+8.0% +7.2% -7.4% -0.3%

BRA JPN

+29.8% -2.7% +12.6% +12.9%

KUW TWN

+37.7% -8.5% +4.6% +21.8%

SAU QAT UAE IND THA MYS

+8.9% -21.3% +31.4% -24.4% +13.2% -6.5% +10.4% -1.1% +4.6% +82.4% +37.0% +22.9%

Planet Intelligence | 14 Know tomorrow’s travellers 3 Month Arrivals RUS CHN HNG

Outlook - UK -0.4% -4.8% +1.9% +22.8% +4.8% -2.6%

JAN 18 - MAR 18 JAN 19 - MAR 19

USA KOR

-4.1% +12.8% -5.4% +7.6%

BRA JPN

-2.1% +3.1% -3.2% +22.4%

KUW TWN

+11.6% +7.7% +19.2% +9.2%

SAU QAT UAE IND THA MYS

+6.1% -7.3% +19.9% -31.7% -2.2% -2.0% +6.5% +9.4% +5.8% +9.3% +10.4% +3.2%

Planet Intelligence | 15 Know tomorrow’s travellers 3 Month Arrivals RUS CHN HNG

Outlook - Italy -7.9% -0.7% +8.9% +3.3% +14.5% +5.0%

JAN 18 - MAR 18 JAN 19 - MAR 19

USA KOR

+16.3% +7.6% +4.1% +7.9%

BRA JPN

+16.5% +7.7% +7.1% -3.1%

KUW TWN

+16.2% +9.7% +8.0% +10.0%

SAU QAT UAE IND THA MYS

+8.2% -16.7% -8.5% -17.3% -17.4% +1.7% +12.5% -4.1% +10.2% +46.1% +19.0% -1.2%

Planet Intelligence | 16 Know tomorrow’s travellers 3 Month Arrivals RUS CHN HNG

Outlook - Spain +2.7% +0.5% -5.1% +17.5% +23.5% +7.6%

JAN 18 - MAR 18 JAN 19 - MAR 19

USA KOR

+6.4% +14.9% -14.0% +3.4%

BRA JPN

-2.2% +11.1% -12.8% +21.8%

KUW TWN

-9.6% +5.7% -5.7% +49.2%

SAU QAT UAE IND THA MYS

+17.5% -12.6% +6.8% -18.1% -1.4% -2.8% +27.6% -0.3% +7.0% +0.4% +6.7% -3.1%

Planet Intelligence | 17 Know tomorrow’s travellers 3 Month Arrivals RUS CHN HNG

Outlook - Germany -4.1% -5.6% +4.5% +11.2% -1.3% +96.5%

JAN 18 - MAR 18 JAN 19 - MAR 19

USA KOR

-2.5% +2.6% +4.3% -8.9%

BRA JPN

-8.7% +1.9% -4.9% +10.3%

KUW TWN

+10.3% -5.1% +1.7% +6.8%

SAU QAT UAE IND THA MYS

-5.9% -3.2% +2.4% -22.8% -7.1% -10.2% +5.4% +2.1% +9.1% +46.2% +12.7% +1.2%

Planet Intelligence | 18 Know tomorrow’s travellers 3 Month Arrivals RUS CHN HNG

Outlook - Austria +2.5% -12.5% -8.0% +47.7% +20.7% +0.9%

JAN 18 - MAR 18 JAN 19 - MAR 19

USA KOR

+0.6% +13.6% -0.9% +7.7%

BRA JPN

+16.4% -13.1% -0.5% -18.9%

KUW TWN

+13.9% -11.4% +1.8% +72.8%

SAU QAT UAE IND THA MYS

-5.5% +5.2% -2.6% -20.5% -4.0% -10.1% -5.4% +18.7% +155.5% +89.9% -8.6% +27.4%

Planet Intelligence | 19 Know tomorrow’s travellers 3 Month Arrivals RUS CHN HNG

Outlook - Finland +18.6% -26.5% +8.0% +13.6% +24.6% +10.6%

JAN 18 - MAR 18 JAN 19 - MAR 19

USA KOR

+6.8% +15.7% +8.8% +0.6%

BRA JPN

+24.1% -16.3% -12.3% -7.8%

KUW TWN

-7.5% +18.9% +51.5% -24.0%

SAU QAT UAE IND THA MYS

-6.5% -9.1% +11.1% -27.5% -27.3% -8.5% +37.5% -3.1% -2.9% +18.7% +115.2% -13.5%

Planet Intelligence | 20 Know tomorrow’s travellers 3 Month Arrivals RUS CHN HNG

Outlook - Portugal +13.6% -33.9% +13.0% +15.2% +3.7% +65.8%

JAN 18 - MAR 18 JAN 19 - MAR 19

USA KOR

+13.4% +21.1% -30.9% +86.9%

BRA JPN

+13.8% +9.4% +23.1% +4.5%

KUW TWN

+15.1% +29.8% +71.6% +28.7%

SAU QAT UAE IND THA MYS

+33.6% -29.0% -21.8% -2.5% +0.7% -13.0% +48.0% -16.1% +32.4% +17.9% +26.7% -34.6%

Planet Intelligence | 21 Know tomorrow’s travellers 3 Month Arrivals RUS CHN HNG

Outlook - Ireland -5.8% +39.3% -11.2% +7.7% -12.3% +25.0%

JAN 18 - MAR 18 JAN 19 - MAR 19

USA KOR

+1.8% +12.8% -1.0% +10.3%

BRA JPN

+8.6% +15.3% -5.0% +5.8%

KUW TWN

+3.3% -18.1% +25.3% -24.5%

SAU QAT UAE IND THA MYS

+3.4% -26.0% +84.3% -9.4% +2.2% -4.9% -3.4% -0.8% -21.5% -1.3% +17.8% -11.7%

Planet Intelligence | 22 Know tomorrow’s travellers 3 Month Arrivals RUS CHN HNG

Outlook - Czech Rep. -4.5% -13.5% +4.7% +17.2% +7.3% +4.4%

JAN 18 - MAR 18 JAN 19 - MAR 19

USA KOR

+8.9% +37.9% +1.8% +9.9%

BRA JPN

+16.2% -2.7% +19.6% +4.2%

KUW TWN

+33.3% -1.5% -28.6% -2.4%

SAU QAT UAE IND THA MYS

-4.2% -6.6% +90.7% -32.4% +3.0% -4.7% +17.0% +3.8% +9.7% +2.4% +21.9% -9.8%

Planet Intelligence | 23 Know tomorrow’s travellers Planet International Calendar

Planning for international shoppers throughout the year

The following heat map has been designed Key Tax Free shopping months include July, in order to show the important travelling which is the busiest Tax Free shopping month times of key Tax Free shopping nations. of the year, coinciding with summer holidays, as well as US Independence Day. October is Used in conjunction with the major also a major month for international shoppers, international calendar dates that are which sees a sharp increase in tourists seeking provided on the following page, you will to enjoy Chinese National Golden week. August be able to plan for the major international also sees a significant amount of spend, as shopping periods throughout 2019. many Middle Eastern inhabitants travel in order to celebrate the Eid al-Adha Festival. Normal traffic Medium traffic High traffic

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Brazil

China

Hong Kong

India

Indonesia

Japan

Malaysia

Middle East

Russia

South Korea

Taiwan

Thailand

USA

January Report 2019 Planet Intelligence | 24 May September November 1 Labour Day 1 Day of Knowledge (RUS) 2 Chhath Puja (Pratihar Sashthi/ 1 Spring and Labour Day (RUS) 1 Muharram / Al-Hijra Surya Sashthi) (IND) 2-3 Spring and Labour Holiday (RUS) (Islamic New Year) 2 All Souls’ Day (BRA) 3 Constitution Memorial Day (JPN) 2 Labour Day (USA) 3-4 Culture Day (JPN) 4 Youth Day (CHN) 2 Ganesh Chaturthi/Vinayaka 4 Unity Day (RUS) 4 Greenery Day (JPN) Chaturthi (Hindu) 9-10 Mawlid (Mouloud /The Prophet 5 Cinco de Mayo (USA) 3 Armed Forces Day (TWN) Muhammad’s Birthday) (Islam) January March 5 Children’s Day (JPN) 7 Independence Day (BRA) 11 Double 11th Festival (CHN) 1 New Year’s Day 1 Maharishi Dayanand Saraswati 6 Ramadan begins (Islam) 9 The Yang di-Pertuan Agong’s 11-12 Birthday of the Sultan of 2 New Year’s weekend Jayanti (IND) 7 Pahang State Holiday (MYS) Birthday (MYS) Kelantan (MYS) 2-3 Jan Bank Holiday (JPN) 1 Independence Day (KOR) 7 Birthday of Ravindranath (IND) 10 Muharram/Ashura (Islam) 12 Guru Nanak Jayanti (Sikh) 2-8 New Year Holiday Week (RUS) 2-6 Brazilian Carnival 8 Parents’ Day (KOR) 11 Onam (Hindu) 15 7-5-3 Day (JPN) 6 Iraq Army Day (IRQ) 3 Dolls’/Girls' Festival (JPN) 9 Victory Day (RUS) 13 Mid-Autumn Festival 15 Republic Proclamation Day (BRA) 7 Orthodox Christmas Day (RUS) 3 March bank holiday (QAT) 12 Mother’s Day (USA) (CHN/HKG/TWN) 20 Black Consciousness Day (BRA) 13 Guru Govind Singh Jayanti (IND) 4 Maha Shivaratri/Shivaratri (IND) 12 Buddha’s Birthday 14 Day after Mid-Autumn Festival 20 Children's Day (UAE) 13 Lohri (IND) 4 Anniversary of Coronation of 13 Royal Ploughing Ceremony (THA) 16 Malaysia Day 23 Labour Thanksgiving Day (JPN) 14 Makar Sankranti (IND) Sultan of Terengganu (MYS) 15 Teacher’s Day (KOR) 16 Respect for the Aged Day (JPN) 24 Guru Tegh Bahadur’s 14 Birthday of Yang di-Pertuan 7 Hindu New Year 18-20 Buddha Purnima/Vesak 23 Autumn Equinox Martyrdom Day (Sikh) Besar (MYS) 8 Int. Women’s Day (Buddhist) 28 Thanksgiving Day (USA) 14 Coming of Age Day (JPN) 12 Arbor Day (CHN) 22 Nuzul Al-Quran (Islam) July October 29 Black Friday (USA) 15 Pongal (IND) 17 St. Patrick’s Day 27 Memorial Day (USA) 1 Armed Forces Day (KOR) 30 Commemoration Day (UAE) 4 Independence Day (USA) 21 Martin Luther King Jr. Day (USA) 20 Holika Dahana (IND) 30-31 Harvest Festival 1-7 National Day and Golden Week 4 Rath Yatra (Hindu) 21 Thaipusam (MYS) 21 Holi (IND) (Pesta Ka’amatan) (MYS) holiday (CHN) 7 Star Festival (JPN) 26 Republic Day (IND) 21 Dolyatra (IND) 31 Jamat Ul-Vida (IND) 2 Mahatma Gandhi Jayanti (IND) 14 Republic Day (IRQ) 21 Hazarat Ali’s Birthday (IND) 3 Iraqi Independence Day 15 Sea Day (JPN) 21 Nowruz (Persian New Year) 3 National Foundation Day (KOR) 16 Asalha Bucha (THA) 29 Youth Day (TWN) 5 Maha Saptami (IND) 17 Buddhist Lent Day 23 Birthday Sultan of Johor (MYS) 6 Maha Ashtami (IND) 17 Constitution Day (KOR) 7 Maha Navami (IND) April 22 Sarawak Independence Day (MYS) 7 Double Ninth Festival (CHN) 28 King Vajiralongkorn’s Birthday 3 Ascension of the Prophet 7 Dussehra (Hindu) (THA) Muhammad (Islam) 9 Hangeul Proclamation Day (KOR) February 3 Isra and Mi’raj (MYS) 10 National Day/Double Tenth Day 4 Children’s Day August (TWN) 1 Federal Territory Day (MYS) 5 Tomb Sweeping Day 7 Chinese Valentine’s Day 12 Our Lady Aparecida/ 4 Chinese New Year’s Eve (CHN) (HKG/TWN/CHN) 11-15 Eid al-Adha (Hari Raya Haji/ Children’s Day (BRA) 4 Farmer’s Day (TWN) 5 Arbor Day (KOR) Bakr Id/Feast of sacrifice) (Islam) 13 Maharishi Valmiki Jayanti (IND) 4 Seollal Holiday (KOR) 6 Chaitra Sukhladi (IND) 11-12 Mountain Day (JPN) 14 Columbus Day (USA) 5 Chinese New Year 6 Chakri Day (THA) 12 The Queen’s Birthday (THA) 17 Karva Chauth (Hindu) 5-6 Seollal (KOR) 8 Chakri Day (observed) 15 Spirit Festival (CHN/HKG/TWN) 23 Chulalongkorn Day (THA) 6-10 New Year Golden Week (CHN) 13 Rama Navami (IND) 15 Ghost Festival (JPN) 24 Birthday of Sultan of Pahang (MYS) 10 Vasant Panchami (IND) 13-16 Songkran (THA) 15 Independence Day (IND) 25 Taiwan’s Retrocession Day 11 National Foundation Day (JPN) 14 Vaisakhi (Sikh/Hindu) June 15 Raksha Bandhan 27 Naraka Chaturdashi (Hindu) 12 National Sports Day (QAT) 14 Mesadi/Vaisakhadi (IND) (Hindu/Sikh/Jain) 27 Diwali/Deepavali 14 Valentine’s Day 14 Ambedkar Jayanti (IND) 1 Children’s Day (CHN/RUS) 17 Navroze (Parsi New Year) (IND) (Hindu/Sikh/Jain/Buddhist) 18 Presidents’ Day (USA) 15 Tax Day (USA) 1 Pancasila Day (IDN) 24 Janmashtami (Hindu) 28 Govardhan Puja (IND) 19 Lantern Festival (CHN) 15 Declaration of Malacca 1-3 Gawai Dayak (Sarawak) (MYS/IDN) 31 Merdeka Day 29 Bhai Dooj (Hindu) 19 Shivaji Jayanti (IND) as Historical City (MYS) 5 Eid al-Fitr (Eid-ul-Fitar/Ramzan Independence Day (MYS) 31 Halloween (USA) 19 Guru Ravidas Jayanti (IND) 17 Mahavir Jayanti (IND) Eid/Idul Fitri/Hari Raya Puasa) 19 Makha Bucha (THA) 19 Good Friday (Islam) December 23 Defender of the Fatherland 20 Holy Saturday 6 Memorial Day (KOR) 2 National Day (UAE) Day (RUS) 21 Easter Sunday 7 Dragon Boat Festival (CHN) 3 National Day Holiday (UAE) 25 National Day (KWT) 21 Tiradentes Day (BRA) 9 Children’s Day (USA) 18 National Day (QAT) 26 Liberation Day (KWT) 22 Easter Monday 12 Russia Day (RUS) 24 Christmas Eve 27 Special Operations 27 Birthday of the Sultan 12 Brazilian Valentine’s Day (BRA) 25 Christmas Day Forces Day (RUS) of Terengganu (MYS) 16 Father’s Day 26 Boxing Day 28 228 Memorial Day (TWN) 29 Shōwa Day (JPN) 20 Corpus Christi (Catholic) 31 New Year’s Eve

January Report 2019 Planet Intelligence | 25 Planet is headquartered in Galway, Ireland Email: [email protected] | Web: planetpayment.com

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