The announcement of debt offering deals increased by 160% during the week, while mergers and acquisitions (M&A) and venture financing deal volume declined by 57.1% and 33.3%, respectively
tourism
Posted inBusiness
No layoffs and salary cut for Dusit Thani Maldives resort employees
The travel ban imposed by the government has resulted in no international flight flying into the country since March 27th
Posted inBusiness
Post-COVID, hospitality will have to be nimble and visionary, says JLL’s new report
Significant flight and hotel cancellations have been witnessed across major markets for both February and March 2020
Posted inBusiness
Australia’s dependency on tourism will significantly slow transactions growth, says GlobalData
Australia is one of the most highly-developed contactless card markets in the world
Posted inBusiness
FAITH urges Govt of India for immediate revival package
FAITH urges the Government to declare immediate survival measures to prevent mass bankruptcy and crores of unprecedented layoffs
Posted inBusiness
Iconic tourist spot Great Wall of China reopens partially for visitors after decline in Coronavirus cases
The Badaling section of the Great Wall will be opened for tourists from 9 am to 4 pm
Posted inBusiness
Finance Ministry reviews the economic impact posed by COVID-19 on key sectors
The government on basis of the recommendations of these sectors will try and announce a relief package for Coronavirus-affected sectors
Posted inBusiness
After EU, UK and Turkey now India issues travel ban on passengers from Afghanistan, Philippines, Malaysia
As per government’s instruction, no flight to India will take off after 3 pm and the temporary ban will be valid till 31st March, 2020
Posted inBusiness
Coronavirus update: India’s tourism industry seeks relief measures from Centre amid virus outbreak
The industry is witnessing about 70-80 percent cancellation in bookings following the coronavirus outbreak, according to the association.