Just like Christmas last year, another significant global holiday is being celebrated under COVID-19 restrictions. Lunar New Year decorations such as vibrant red lanterns and paper cuttings grace Asian malls, alleys and city streets.
The coronavirus crisis has disrupted businesses everywhere. From large corporations to start-ups and small vendors – industries are feeling the pinch from the pandemic. Sectors such as tourism and aviation have been hit especially hard.
The number of digital consumers in Southeast Asia is growing exponentially and in a much quicker pace than expected. Just last year, Bain & Company, a global consulting firm predicted that the number of digital consumers in the region will reach 310 million by 2025.
The coronavirus crisis has disrupted businesses everywhere. From large corporations to start-ups and small vendors – industries are feeling the pinch from the pandemic. Sectors such as tourism and aviation have been hit especially hard.
The internet has changed the way most of us live. Through internet related technological innovations such as the Internet of Things (IoT), big data and e-commerce, a lot of our day to day tasks have been made easier. Such innovations could also boost many industries, making it easier for those who engage in certain types of business to carry out their tasks.The mushrooming of e-wallets in Asia – particularly Southeast Asia – could be useful for the tourism industry.
