Just nine orders for commercial aircraft were placed globally in August due to the coronavirus pandemic, making it the lowest for the month on record, according to aerospace trade body ADS. “The figure is a 59% decline in August 2019 and a 91.3% decline in two years ago. Since the start of the crisis in…
The coronavirus pandemic highlighted the need for mentors to equip themselves with a new arsenal of knowledge and skills as it gave rise to a growing demand for professional advice in more specialized areas, says an expert. “There is now greater demand for mentorship on more specific subjects,” Brazil-based Dennis Nakamura told Via News in…
The coronavirus sent the world into a frenzy in late 2019. Since then, many leaders have had to make tough financial decisions and introduce significant changes to stir the boat of their business to the other side of the pandemic and the shores of survival. Now that businesses are back to work after a…
The coronavirus pandemic hit Asia first, but its countries including emerging ASEAN—Indonesia, Malaysia, Philippines, Thailand, and Vietnam—have to date recorded considerably lower transmission and fatality rates per capita than other regions in the world. “As of August 20, 2020, transmitted cases per million people stood at approximately 582 across emerging ASEAN countries compared with 16,737…
Both hotels and the short-term rental market are reeling from the coronavirus-driven travel collapse, but industry reports show that the latter is weathering the health crisis more successfully due to its different nature. “The features that differentiate short-term rentals from hotels—such as full-service amenities, living space, larger properties, and inventory in more remote destinations—have proven…
The initial waves of the coronavirus pandemic crushed many small businesses into permanent closure but at the same time empowered or gave birth to startups that were determined to harness the power of technology to add value to people’s lives. PeerPull is one of those businesses that emerged stronger from the unfolding health crisis to…
The coronavirus pandemic has created a great opportunity for many women to start the business they had always wanted and its “snowball effect” will inspire more female founders to take the leap and begin their entrepreneurial journeys, says an expert. “We are seeing a massive influx of women trying to start their businesses, having…
The live music industry is indefinitely on hold amid the coronavirus pandemic as concert halls and similar venues are closed, and this has led to the suffering of thousands of artists and crew members around the world. A survey of nearly 2,000 music professionals by the National Independent Venue Association (NIVA)—a recently established advocacy group…
The economic damage to the global tourism sector as a result of the coronavirus pandemic is likely to exceed $1 trillion this year, which would set the industry back two decades, according to a new report from the United Nations. “Depending on when travel restrictions will be fully lifted, the World Tourism Organization expects international…
Germany is considered a success by European startups when it comes to crisis management and resilience in the ongoing COVID-19 pandemic, according to the initial results of a survey by Startups & Places. The annual survey, which was launched in June 2020 and is still open, aims to map and share the most significant trends…
