August Report 2018 Contents

Tax Free Trends

Summary 03

Tax Free Sales Trends 05

Eid al-Adha 2018 vs Eid al-Adha 2017 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

International Calendar 21

August Report 2018 Planet Intelligence | 2 Shopping & Arrivals Growth Summary - August 2018

Top 5 Destination Markets -2% Tax Free Vouchers/ Avg. Transaction Arrival Total Sales Sales Turnover Transaction Values (ATV) Numbers

France +4% +1% +3% +3% United Kingdom -5% -11% +7% +6% -8% Italy +5% -0% +5% +7% Total Vouchers Germany -4% -16% +14% -5% Spain -12% -6% -6% +1%

Top 5 Source Markets Tax Free Vouchers/ Avg. Transaction Arrival +7% Sales Turnover Transaction Values (ATV) Numbers Total ATV China -0% -8% +8% +7% USA +19% +3% +16% +11% Russia -19% -19% +0% -8% +3% UAE -5% -9% +5% -5% Total Arrivals Saudi Arabia +28% +21% +6% -7%

August Report 2018 Planet Intelligence | 3 Shopping & Arrivals Growth Summary - YTD

Top 5 Destination Markets -3% Tax Free Vouchers/ Avg. Transaction Arrival Total Sales Sales Turnover Transaction Values (ATV) Numbers

France +0% -5% +5% +5% United Kingdom -13% -13% -1% +3% -8% Italy +6% +5% +2% +7% Total Vouchers Spain -9% -14% +6% +1% Germany -6% -9% +3% -0%

Top 5 Source Markets Tax Free Vouchers/ Avg. Transaction Arrival +6% Sales Turnover Transaction Values (ATV) Numbers Total ATV China +3% -7% +11% +2% USA +5% +0% +5% +5% Russia -17% -15% -2% -6% +3% Hong Kong -8% -12% +4% +4% Total Arrivals Taiwan +3% -7% +11% +4%

August Report 2018 Planet Intelligence | 4 Tax Free Shopping Sales Trends – August 2018

Overview Currency fluctuations Tax Free shopping sales in Europe remain subdued in undermine prospects for August, with a year-on-year decline of 2% recorded in the month, as the significant gains in the first half of 2017 recovery in second half of ‘18 have resulted in comparatively negative growth in the first The slowdown in sales growth that was seen in the second half of 2018. In addition, recent months have witnessed half of 2017 was expected to provide a platform for year-on- a weakening of the Russian ruble and Chinese renminbi, year growth in the second half of 2018, though these gains which will have impacted international purchasing power have failed to materialise as currency fluctuations have among shoppers from these two major source markets. affected the purchasing power of many key source markets. Of the main destination markets, France and Italy continued to In recent months many emerging economies have enjoy strong sales growth in August, with growth of 4% and 5% witnessed currency deprecations. The Chinese yuan respectively, marking the fourth consecutive month of gains recently reached a 12-month low against the US dollar, for both. Of the major source markets, sales to American believed to be the result of the People's Bank of China tourists grew significantly, by 19%, though were offset by a allowing the currency to fall, in an effort to soften the 19% decline in sales to Russian tourists. Sales to tourists from potential economic shocks from the escalating Sino- Saudi Arabia saw a major boost, thanks to the timing of the Eid American trade war. The currencies of countries such al-Adha holiday period, resulting in a sales increase of 28%. as Indonesia, South Korea, India and Turkey have also experienced currency depreciations in recent months. The downward pressure on the currencies of Brazil and Y/Y Sales Growth Argentina have been further compounded by downward 2017 2018 30% pressure on their economies, and Russia has seen a return to depreciations in the ruble as sanctions continue to 25% hamper economic activity. 20% Conversely, with strong economic growth, low

15% unemployment, the prospect of higher interest rates, and the fact that it is seen as an investment safe haven 10% in uncertain times, the US dollar has strengthened 5% considerably, reflected in the 19% increase in sales to these tourists in August. In addition, with the currencies of the 0% main Gulf Co-operation Council nations being pegged to the -5% US Dollar, sales to these nations have also enjoyed gains in recent months. -10% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

August Report 2018 Eid al-Adha 2018 vs Eid al-Adha 2017

Sales between 18th August to 24th August 2018 vs 29th Aug to 4th Sep 2017

Eid al-Adha is the second of two Islamic holidays celebrated period. Despite declines in sales to the main Gulf Co- worldwide each year – the other being Eid al-Fitr, which operation Council (GCC) nations in recent months, sales to follows the end of Ramadan – and is considered the holier these tourists increased by 20% when compared to this of the two. This period represents a peak time for holidays holiday period last year, with each source market and all and shopping given that it also falls within the busy summer destination markets registering strong gains.

Eid al-Adha By Destination Market Eid al-Adha By Source Market

UK +4% Germany +27%

Kuwait France +11% +23% Qatar Italy +49% UAE +21% Spain Saudi Arabia +15% +31% +18%

August Report 2018 Sales Performance - August 2018

By Destination By Source Market

FRA +3.8% CHN -0.4%

GBR -4.8% USA +18.9%

ITA +4.7% RUS -19.0%

DEU -4.1% UAE -4.7%

ESP -11.8% SAU +28.3%

AUT +9.6% kuw +2.8%

IRL +3.1% HKG -8.7%

GRC +17.6% TWN +10.0%

CZE -11.9% KOR +1.7%

CHE -23.9% QAT +39.0%

August Report 2018 Planet Intelligence | 7 Sales Performance - YTD

By Destination By Source Market

FRA +0.1% CHN +3.3%

GBR -13.1% USA +5.4%

ITA +6.3% RUS -17.0%

ESP -9.1% HKG -8.4%

DEU -6.0% TWN +3.3%

AUT +13.7% KOR -7.4%

IRL -3.4% THA -0.1%

CZE -8.3% UAE -12.9%

PRT -11.9% KWT -11.2%

CHE +10.0% SAU -0.8%

August Report 2018 Planet Intelligence | 8 Top 5 Visitor Nations per Destination Country – August 2018

Top 5 Share ATV Y/Y Sales Top 5 Share ATV Y/Y Sales FRA CHINA 36% € 1,582 9% AUT CHINA 37% € 613 16% USA 10% € 1,355 39% QATAR 8% € 794 90% SOUTH KOREA 5% € 687 1% SWITZERLAND 6% € 356 -8% HONG KONG 4% € 2,930 -29% RUSSIA 5% € 414 -16% TAIWAN 4% € 2,183 27% UAE 5% € 438 -12%

GBR CHINA 30% € 350 -11% IRL CHINA 39% € 385 -6% KUWAIT 8% € 328 8% USA 34% € 124 14% SAUDI ARABIA 8% € 317 29% UAE 4% € 295 34% UAE 7% € 543 -1% CANADA 3% € 96 4% USA 6% € 352 -2% AUSTRALIA 3% € 134 -13%

ITA CHINA 25% € 1,060 4% CZE CHINA 33% € 323 -3% USA 16% € 1,134 27% TAIWAN 12% € 223 5% RUSSIA 9% € 675 -10% RUSSIA 11% € 321 -39% SOUTH KOREA 3% € 792 21% USA 5% € 436 -25% TAIWAN 3% € 1,270 7% AZERBAIJAN 5% € 1,046 79%

ESP CHINA 25% € 607 -5% GRC CHINA 30% € 495 22% RUSSIA 9% € 288 -17% RUSSIA 11% € 380 -20% USA 9% € 544 -1% USA 10% € 691 32% MEXICO 6% € 363 -24% AUSTRALIA 7% € 427 21% MOROCCO 5% € 226 18% MACEDONIA 4% € 160 9%

DEU CHINA 38% € 726 -7% CHE CHINA 24% € 1,233 -6% UAE 8% € 794 -20% UAE 11% € 1,455 -33% KUWAIT 8% € 562 16% SAUDI ARABIA 9% € 1,363 -16% RUSSIA 5% € 567 -20% KUWAIT 7% € 1,643 -59% QATAR 4% € 1,014 74% QATAR 6% € 1,921 -45%

August Report 2018 Planet Intelligence | 9 Top 5 Visitor Nations per Destination Country – YTD

Top 5 Share ATV Y/Y Sales Top 5 Share ATV Y/Y Sales FRA CHINA 34% € 1,755 9% AUT CHINA 29% € 621 34% USA 9% € 1,328 14% RUSSIA 11% € 425 -10% HONG KONG 7% € 4,318 -13% SWITZERLAND 9% € 416 -9% SOUTH KOREA 5% € 744 -14% TAIWAN 7% € 664 18% TAIWAN 5% € 2,018 10% THAILAND 5% € 711 63%

GBR CHINA 26% € 408 -13% IRL CHINA 38% € 409 -12% USA 7% € 376 -16% USA 34% € 116 10% KUWAIT 6% € 345 -15% CANADA 4% € 101 13% UAE 5% € 572 -13% AUSTRALIA 3% € 142 -11% HONG KONG 5% € 404 -9% MALAYSIA 2% € 338 19%

ITA CHINA 29% € 1,125 11% CZE RUSSIA 24% € 363 -29% USA 12% € 1,063 22% CHINA 23% € 346 8% RUSSIA 10% € 767 -8% TAIWAN 16% € 231 11% TAIWAN 5% € 1,249 -3% SOUTH KOREA 6% € 194 -22% SOUTH KOREA 4% € 796 41% USA 5% € 492 4%

ESP CHINA 30% € 717 -2% PRT CHINA 35% € 2,038 2% USA 8% € 589 -9% BRAZIL 19% € 352 -22% RUSSIA 7% € 368 -20% ANGOLA 16% € 374 -30% ARGENTINA 5% € 238 -27% RUSSIA 3% € 312 -25% MEXICO 4% € 404 -4% HONG KONG 3% € 5,170 11%

DEU CHINA 35% € 641 -9% CHE CHINA 24% € 1,317 33% RUSSIA 10% € 535 -11% RUSSIA 7% € 1,361 -18% UAE 5% € 776 -22% UAE 7% € 1,901 1% THAILAND 4% € 956 -6% USA 6% € 1,360 32% TAIWAN 4% € 449 -5% THAILAND 5% € 1,143 15%

August Report 2018 Planet Intelligence | 10 Currency vs Euro & GBP: Top Source Markets

Currency movements: Last 52 Weeks

CNY > EUR RUB > EUR CNY > GBP

8.0 80 9.0

7.9 78 8.9

7.8 76 8.8 7.7 8.7 74 7.6 8.6 72 7.5 8.5 70 7.4 8.4 68 7.3 8.3

7.2 66 8.2

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 1.30 1.18 9.0 1.25 1.16

8.8 1.20 1.14

1.12 8.6 1.15

August Report 2018 Planet Intelligence | 11 Arrivals Forecast

In partnership with

Know tomorrow’s travellers

August Report 2018 Planet Intelligence | 12 Europe TOTAL GBR FIN

Overview SEP-NOV 17 +10.5% SEP-NOV 17 +8.0% SEP-NOV 17 +17.0%

Destination Market Insights SEP-NOV 18 +2.1% SEP-NOV 18 +3.5% SEP-NOV 18 -5.8% Forecasts for non-EU arrival numbers for the period from September through to are positive, with a 2.1% increase predicted when compared with the same period last year. DEU The anniversary of the Barcelona terror attack and Catalan referendum coincides with a predicted 0.3% increase in SEP-NOV 17 +6.7% arrivals in Spain for the September to November period. The remaining destinations are all predicted to register single-digit growth, with the exception of Finland and SEP-NOV 18 -1.1% Germany, which are both projected to post modest declines of -5.8% and -1.1%, respectively. AUT Source Market Insights

Arrivals of Chinese tourists are predicted to increase by SEP-NOV 17 +4.2% 2.9% between September to November, likely due to the shift in timing of the mid-Autumn festival from the 4th of October in 2017 to the 24th of September this year. It is SEP-NOV 18 +8.1% predicted that this will encourage Chinese tourists to travel earlier for the Golden Week holidays, resulting in a modest decline in October. The recent uptick in the strength of the US dollar is ESP FRA ITA reflected in a projected 8.8% increase in American tourists over the course of the next three months, with double-digit SEP-NOV 17 SEP-NOV 17 SEP-NOV 17 gains in arrival numbers among Japanese, South Korean +15.2% +14.5% +9.7% and Thai tourists continuing to provide opportunities for retailers. SEP-NOV 18 +0.3% SEP-NOV 18 +2.0% SEP-NOV 18 +4.6%

August Report 2018 Planet Intelligence | 13 3 Month Arrivals RUS CHN HNG Outlook - France SEP-NOV 17 +25.0% SEP-NOV 17 +12.4% SEP-NOV 17 +12.1% SEP-NOV 18 -8.0% SEP-NOV 18 -1.3% SEP-NOV 18 +8.6%

USA KOR

SEP-NOV 17 +18.9% SEP-NOV 17 +14.1%

SEP-NOV 18 +11.4% SEP-NOV 18 +0.9%

BRA JPN

SEP-NOV 17 +31.6% SEP-NOV 17 +19.1%

SEP-NOV 18 +0.2% SEP-NOV 18 +32.7%

KUW TWN

SEP-NOV 17 +13.1% SEP-NOV 17 +12.8%

SEP-NOV 18 -20.9% SEP-NOV 18 +13.0%

SAU QAT UAE IND THA AUS

SEP-NOV 17 -2.5% SEP-NOV 17 -5.7% SEP-NOV 17 -0.3% SEP-NOV 17 +19.0% SEP-NOV 17 +19.2% SEP-NOV 17 +12.7%

SEP-NOV 18 -12.9% SEP-NOV 18 -21.4% SEP-NOV 18 -6.8% SEP-NOV 18 +9.3% SEP-NOV 18 +50.8% SEP-NOV 18 +10.2%

August Report 2018 Planet Intelligence | 14 3 Month Arrivals RUS CHN HNG Outlook - UK SEP-NOV 17 +9.4% SEP-NOV 17 -0.8% SEP-NOV 17 -0.3% SEP-NOV 18 -4.7% SEP-NOV 18 +8.0% SEP-NOV 18 +0.6%

USA KOR

SEP-NOV 17 +9.4% SEP-NOV 17 +22.0%

SEP-NOV 18 +7.8% SEP-NOV 18 +8.8%

BRA JPN

SEP-NOV 17 +13.3% SEP-NOV 17 -5.8%

SEP-NOV 18 +12.1% SEP-NOV 18 +23.1%

KUW TWN

SEP-NOV 17 +15.8% SEP-NOV 17 +8.1%

SEP-NOV 18 -15.2% SEP-NOV 18 +4.7%

SAU QAT UAE IND THA AUS

SEP-NOV 17 -4.9% SEP-NOV 17 -10.2% SEP-NOV 17 +0.8% SEP-NOV 17 +5.6% SEP-NOV 17 +15.1% SEP-NOV 17 +25.3%

SEP-NOV 18 -7.3% SEP-NOV 18 -22.3% SEP-NOV 18 +3.2% SEP-NOV 18 +6.3% SEP-NOV 18 -5.6% SEP-NOV 18 +2.6%

August Report 2018 Planet Intelligence | 15 3 Month Arrivals RUS CHN HNG Outlook - Italy SEP-NOV 17 +15.7% SEP-NOV 17 +12.3% SEP-NOV 17 +3.5% SEP-NOV 18 -15.4% SEP-NOV 18 -0.1% SEP-NOV 18 +5.4%

USA KOR

SEP-NOV 17 +14.2% SEP-NOV 17 +22.9%

SEP-NOV 18 +14.2% SEP-NOV 18 +18.4%

BRA JPN

SEP-NOV 17 +5.5% SEP-NOV 17 -10.4%

SEP-NOV 18 +8.8% SEP-NOV 18 +5.9%

KUW TWN

SEP-NOV 17 +6.2% SEP-NOV 17 +34.9%

SEP-NOV 18 -29.5% SEP-NOV 18 -8.0%

SAU QAT UAE IND THA AUS

SEP-NOV 17 +1.7% SEP-NOV 17 -19.3% SEP-NOV 17 -9.7% SEP-NOV 17 +19.5% SEP-NOV 17 +21.7% SEP-NOV 17 +27.0%

SEP-NOV 18 -32.0% SEP-NOV 18 -22.7% SEP-NOV 18 -18.1% SEP-NOV 18 +3.2% SEP-NOV 18 +44.4% SEP-NOV 18 +7.4%

August Report 2018 Planet Intelligence | 16 3 Month Arrivals RUS CHN HNG Outlook - Spain SEP-NOV 17 +15.3% SEP-NOV 17 +14.0% SEP-NOV 17 +30.7% SEP-NOV 18 -5.4% SEP-NOV 18 -0.2% SEP-NOV 18 +2.5%

USA KOR

SEP-NOV 17 +23.1% SEP-NOV 17 +4.0%

SEP-NOV 18 +3.5% SEP-NOV 18 +22.5%

BRA JPN

SEP-NOV 17 +1.4% SEP-NOV 17 -2.2%

SEP-NOV 18 +2.4% SEP-NOV 18 +11.0%

KUW TWN

SEP-NOV 17 -28.8% SEP-NOV 17 +18.1%

SEP-NOV 18 -20.3% SEP-NOV 18 +4.7%

SAU QAT UAE IND THA AUS

SEP-NOV 17 -14.9% SEP-NOV 17 -28.7% SEP-NOV 17 +2.0% SEP-NOV 17 +2.3% SEP-NOV 17 +45.1% SEP-NOV 17 +30.3%

SEP-NOV 18 -30.5% SEP-NOV 18 -17.7% SEP-NOV 18 -21.2% SEP-NOV 18 +19.8% SEP-NOV 18 -12.0% SEP-NOV 18 -0.1%

August Report 2018 Planet Intelligence | 17 3 Month Arrivals RUS CHN HNG Outlook - Germany SEP-NOV 17 +10.6% SEP-NOV 17 +3.1% SEP-NOV 17 -5.6% SEP-NOV 18 -9.7% SEP-NOV 18 +4.3% SEP-NOV 18 -0.7%

USA KOR

SEP-NOV 17 +6.4% SEP-NOV 17 +19.2%

SEP-NOV 18 +3.7% SEP-NOV 18 +13.5%

BRA JPN

SEP-NOV 17 +4.0% SEP-NOV 17 +8.9%

SEP-NOV 18 -2.6% SEP-NOV 18 +9.3%

KUW TWN

SEP-NOV 17 -18.6% SEP-NOV 17 -2.7%

SEP-NOV 18 -24.4% SEP-NOV 18 +4.8%

SAU QAT UAE IND THA AUS

SEP-NOV 17 -4.5% SEP-NOV 17 -18.5% SEP-NOV 17 -1.0% SEP-NOV 17 +8.5% SEP-NOV 17 +41.6% SEP-NOV 17 +16.3%

SEP-NOV 18 -26.1% SEP-NOV 18 -18.9% SEP-NOV 18 -15.4% SEP-NOV 18 -8.9% SEP-NOV 18 -1.4% SEP-NOV 18 +1.3%

August Report 2018 Planet Intelligence | 18 3 Month Arrivals RUS CHN HNG Outlook - Austria SEP-NOV 17 +6.7% SEP-NOV 17 +16.3% SEP-NOV 17 +42.1% SEP-NOV 18 -17.0% SEP-NOV 18 +22.6% SEP-NOV 18 +4.3%

USA KOR

SEP-NOV 17 +2.7% SEP-NOV 17 +27.4%

SEP-NOV 18 +8.6% SEP-NOV 18 +8.4%

BRA JPN

SEP-NOV 17 -5.8% SEP-NOV 17 +11.3%

SEP-NOV 18 +5.5% SEP-NOV 18 +6.9%

KUW TWN

SEP-NOV 17 -23.5% SEP-NOV 17 +48.5%

SEP-NOV 18 -30.5% SEP-NOV 18 +35.7%

SAU QAT UAE IND THA AUS

SEP-NOV 17 -13.3% SEP-NOV 17 -42.2% SEP-NOV 17 -23.7% SEP-NOV 17 -2.8% SEP-NOV 17 +89.7% SEP-NOV 17 +11.9%

SEP-NOV 18 -17.2% SEP-NOV 18 -24.8% SEP-NOV 18 +1.3% SEP-NOV 18 +14.9% SEP-NOV 18 +129.8% SEP-NOV 18 +18.4%

August Report 2018 Planet Intelligence | 19 3 Month Arrivals RUS CHN HNG Outlook - Finland SEP-NOV 17 +21.3% SEP-NOV 17 +31.6% SEP-NOV 17 +12.2% SEP-NOV 18 -16.4% SEP-NOV 18 -5.7% SEP-NOV 18 -0.8%

USA KOR

SEP-NOV 17 +13.0% SEP-NOV 17 +38.9%

SEP-NOV 18 +10.8% SEP-NOV 18 -19.6%

BRA JPN

SEP-NOV 17 +16.5% SEP-NOV 17 +15.2%

SEP-NOV 18 +18.1% SEP-NOV 18 -14.6%

KUW TWN

SEP-NOV 17 -8.1% SEP-NOV 17 +16.8%

SEP-NOV 18 +17.6% SEP-NOV 18 +25.2%

SAU QAT UAE IND THA AUS

SEP-NOV 17 +6.7% SEP-NOV 17 +6.5% SEP-NOV 17 +1.7% SEP-NOV 17 +18.5% SEP-NOV 17 +41.2% SEP-NOV 17 +50.6%

SEP-NOV 18 -14.5% SEP-NOV 18 -9.2% SEP-NOV 18 -22.4% SEP-NOV 18 +1.9% SEP-NOV 18 -12.3% SEP-NOV 18 +9.7%

August Report 2018 Planet Intelligence | 20 International Holiday Calendar 2018

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

1-2 New Year’s Holiday 16-21 Spring Festival - 5 Qing Ming Jie 1 Labour Day 18 Dragon Boat Festival 24 Mid-Autumn Festival 1 National Day Chinese New Year 2-7 Golden Week Holiday CHN

1 New Year’s Day 23 Defence of the 8 Women’s Day 12 National Day 4-6 Unity Day Holiday 7 Orthodox Xmas Day Fatherland Day RUS

36 Republic Day 13 Maha Shivaratri 25 Rama Navami 30 Buddha Purnima 15 Independence Day 3 Janmashtami 19 Dussehra 7 / Deepavali 25 Christmas Day 29 Mahavir Jayanti 22 Bakr Id / Eid ul-Adha 21 Muharram / Ashura 21 Milad un-Nabi 30 Good Friday 23 Guru Nanak Jayanti IND

1 New Year’s Day 10-14 Carnival 30 Good Friday 21 Tiradentes Day 1 Labour Day / May Day 7 Independence Day 12 Our Lady Aparecida 2 All Soul’s Day 24 Christmas Eve 31 Corpus Christi Day / Childeren’s Day 15 Republic 25 Christmas Day 28 Public Service Proclamation Day 31 New Years Eve BRA Holiday

1 New Year’s Day 11 Revolution Day (Iran) 20 Oil Nationalisation 1 Islamic Republic Day 1 Labour Day / May Day 4 Anniversary of 23 Renaissance Day 21 Arafat Day (UAE) 1 Waqfat Arafat Day 3 Iraqi Independence 21 Mouloud - Prophet’s 1 Prophet’s Birthday 6 Army Day (Iraq) 25 Kuwaiti National Day Day (Iran) (Iran) (Iraq / Bahrain) Khomeni’s Death (Iran) (Oman) 21 Eid-e-Ghorban (Iran) (Kuwait) Day Birthday (UAE). (Kuwait) 26 Liberation Day 21-24 Perian New Year 2 Nature Day (Iran) 2 Israel Independence 15-17 Eid-al-Fitr (UAE) 22-26 Eid-al-Adha 2-4 Eid-al-Adha (Kuwait 5-11 Sukkot (Israel) 21 Prophet 2 National Day (UAE) MID (Kuwait) (Iran) 11-17 Pesach I (First day Day) 24-29 Eid-al-Fitr / Saudi Arabia) 12 Simchat Torah Muhammad’s Birthday 16-17 National Day EAST 30 Birthday of Imam of Passover - Israel) 31 Pentecost (Israel) (Oman) 12 Islamic New Year (Israel) (Iran) (Bahrain) Ali (Iran) 13 Prophet’s Ascension 26-28 Eid-al-Fitr (UAE / Bahrain / Iraq) 29 Arbaeen (Iran) 30 Commemoration (UAE/Iran) (Kuwait) 19 Tassoua (Iran) Day (UAE) 24 Isra & Miraj (Oman) 21-22 Rosh Hashana 27 Isra & Miraj (Kuwait) (Israel New Year) 22 Islamic New Year (Kuwait) 24 Saudi National Day 30 Yom Kippur (Israel)

1 New Year’s Day 16-19 Spring Festival - 30 Good Friday 2 Easter Monday 1 Labour Day 18 Dragon Boat Festival 1-2 Establishment Day 25 Day after 1 PRC National Day 25 Christmas Day Chinese New Year 31 Holy Saturday 5 Tomb Sweeping 22 Buddha’s Birthday Holiday Mid-Autumn Festival 17 Chung Yeung Festival 26 Boxing Day HKG

1 New Year’s Day 16 Spring Festival - 17 Day of Silence & 13 Ascension of the 1 Labour Day 12-17 Idul Fitri 17 Independence Day 11 Muharram - Islamic 20 Prophet 25 Christmas Day Chinese New Year Hindu New Year Prophet Mohammad 10 Ascension Day of 21 Muslim Day of New Year Muhammad’s Birthday 30 Good Friday Jesus Christ Sacrifice IDN 29 Waisak Day

16 Spring Festival - 29 Wesak Day 1 Labour Day 15-16 Hari Raya 28 Yang di-Pertuan 22 Hari Raya Haji 12 Muharram - Islamic 7 Diwali / Deepavali 25 Christmas Day Chinese New Year Agong’s Birthday 31 Nataional day New Year 21 Prophet 16 Malaysia Day Muhammad’s Birthday MYS

1 New Year’s Day 31 Makha Bucha 6 Chakri Day 1 Labour Day 27 Asalha Bucha 12-13 The Queen’s 23 Chulalongkorn Day 5 Father’s Day 13-17 Songkran 10 Royal Ploughing 28 King Vajiralongkorn’s Birthday 10 Constitution Day 29 Visakha Bucha Ceremony Day Birthday 12-13 Mother’s Day 31 New Year’s Eve THA 28 Buddhist Lent Day

1 New Year’s Day 11-12 National 21 Spring Equinox 29-30 Showa Day 3 Constitution Memorial 16 Sea Day 11 Mountain Day 17 Respect the Aged 8 Sports Day 3 Culture Day 23-24 Emporor’s 8 Coming of Age Day Foundation Day Day Day 23 Labour Thanksgiving Birthday 4 Greenery Day Day JAP 5 Childeren’s Day

1 New Year’s Day 19 President’s Day 4 Independence Day 3 Labour Day 8 Columbus Day 11-12 Veteran’s Day 25 Christmas Day 15 Martin Luther King 22 Thanksgiving Day Jr Day USA

August Report 2018 Planet Intelligence | 21 Fintrax Group Holdings (Now branded as Planet) Headquartered in Galway, Ireland Email: [email protected] | Web: planetpayment.com

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