Numerous industries around the world have been hit hard by the coronavirus pandemic – some more than others. The aviation industry was one of the first sectors to feel the pinch from the deadly virus outbreak. Nationwide lockdowns, controlled borders and travel restrictions imposed by governments as preventative measures to contain the disease have resulted in significant reductions in passenger numbers.
Thailand's premier on Wednesday urged parliament to approve the kingdom's biggest-ever stimulus package to revive an economy battered by coronavirus, which has brought tourism to a standstill, slashed exports and left millions jobless. The THB1.9 trillion (US$59.6 billion) package would be a much-needed financial boost for Southeast Asia's second biggest economy, which is expected to shrink by 5-6 percent in 2020. Members of parliament - who inaugurated a new
Southeast Asia is facing the possibility of billions of dollars in losses from the sharp drop in Chinese tourists since the COVID-19 outbreak.According to a report by global audit, tax and advisory network, KPMG International, the risk of a global recession in 2020 is extremely high as nations shutdown economic activity to limit the spread of the COVID-19 pandemic.A report by the Asian Development Bank (ADB), outlining the economic impact of COVID-19, stated that, “tourism arrivals in many de
A digital nomad is not a job, but a work-travel lifestyle. They are a breed of enterprising individuals who make their living while travelling the world. They are location-independent and use technology to perform their jobs. Technology has allowed for new forms of working environments to thrive, rendering formal workspaces a thing of the past.Professions that digital nomads usually take up are writing and blogging, web design, software development and the occasional photography.
The World Health Organization (WHO) reported that around 100 new coronavirus cases were being reported outside of China each day with large outbreaks in Southeast Asia, Italy and the Middle East. This week, that figure shot up to 300 cases per day.
Elephant parks unvisited, curios at markets unsold as tuk-tuks sit idle: Southeast Asia is facing billions of dollars in losses from a collapse in Chinese tourism since the outbreak of a deadly new coronavirus.From Luang Prabang in northern Laos to Pattaya in Thailand, Hoi An in Vietnam and the Cambodian casino town of Sihanoukville, takings have plummeted as Chinese travellers find themselves subject to a host of restrictions at home and abroad."We haven't had any Chinese for 10 da
News reports from several different ASEAN member countries have shown an obvious decline in tourism.
Decimated fish, scarred coffee plants and vanished tourists: the Taal volcano eruption in the Philippines has inflicted significant damage on the livelihoods of tens of thousands and is expected to cause more.When Taal exploded to life last Sunday it spewed towering columns of fine grey ash, which officials said destroyed crops and killed off potentially tonnes of fish raised in the lake that rings the volcano."We lost a lot of money because all our fish are gone," said Cesario Rodr
The ASEAN Post recently published an article on whether 2020 will be a good year for Myanmar’s economy. That article noted that the ASEAN +3 Macroeconomic Research Office (AMRO) had given Myanmar’s economy a positive outlook for the fiscal year of 2019 to 2020; expecting it to expand by 7.1 percent up from 6.8 percent in the previous fiscal year.
Separated from their mothers, jabbed with metal hooks, and sometimes deprived of food - many Thai elephants are tamed by force before being sold to lucrative tourism sites increasingly advertised as 'sanctuaries' to cruelty-conscious travellers.Balanced precariously on hind legs, two-year-old Ploy holds a ball in her trunk and flings it towards a hoop, one of many tricks she is learning in Ban Ta Klang, a traditional training village in the east.Here young elephants are "broken
Tourism is a powerful tool for development. It represents 10 percent of the world’s gross domestic product (GDP) and provides 10 percent of jobs globally. The industry is also interlinked with every other sector in the economy.
As the world’s most travelled nation, China is reshaping global tourism. An industry that generates 10 percent of the world’s Gross Domestic Product (GDP), and provides around one in 10 jobs worldwide. As the millennium started with 10 million trips being taken by Chinese outside the mainland, last year the figure was shy of 150 million, including visitors bound for Hong Kong, Taiwan, and Macau.
