News: Finance
Malaysian zoos need government funding to cover operating costs
A total of RM8 million (US$1.85 million) is required by 14 zoos and 20 permanent wildlife exhibition centres (ZPT) across Malaysia to cover operating costs during COVID-19. Malaysian…
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Taiwan Government unveils tourism relief package
The Taiwan Government has unveiled relief measures to assist the tourism industry, a sector that has been severely impacted by the economic effects of the COVID-19 pandemic. The tourism…
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Australia’s ski resorts prepare for winter 2020 season amid Coronavirus uncertainty
Australia’s major ski resorts are continuing to plan for the 2020 snow season despite uncertainty as to when Coronavirus restrictions will be lifted. With major ski resorts across…
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AFL faces up to post lockdown changes
Having last week secured a line of credit with two major banks to allow it to keep operating during the Coronavirus pandemic, the AFL is facing up to significant changes when the league…
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Australian Government commits $27 million relief package for the arts
With the sector massively impacted by the Coronavirus pandemic, the Australian Government has announced a $27 million funding package to support regional arts, First Nations arts and music…
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Broadcaster accuses NRL of ‘mismanagement’ as league announces plans to recommence on 28th May
A remarkable day in the management of the NRL has seen the code announce plans to restart its season on 28th May, having been accused by broadcaster the Nine Network of financial…
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Eventbrite to lay off 45% of global workforce in cost-cutting plan
Event management and ticketing platform Eventbrite has announced that it will lay off 45% of its global workforce as part of plans to save at least US$100 million in annualised…
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Latest International Visitor Survey shows record tourism performance in 2019
Total tourism spending by international and domestic day and overnight visitors reached a record $152.4 billion last year according the latest International Visitor Survey from Tourism…
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