The global tourism industry – along with the Meetings, Incentives, Conferences and Exhibitions (MICE) sector – was devastated by the Covid-19 pandemic, as travel and quarantine rules kicked in. However, it will recover.
Telemedicine is the diagnosis and treatment of patients administered remotely through telecommunications. The telemedicine market is valued at US$ 60 billion in 2020, and projected to grow 18.2% annually between 2021 and 2027.
Observed on 16 Sep every year, the World Ozone Day commemorates the signing of the Montreal Protocol in 1987, where 28 countries agreed to reduce production of harmful ozone layer depleting substances.
Valued at US$15 million in 2019, the global Near Field Communication (NFC) market size is projected to grow 14% a year between 2021 and 2028 to reach US$54 million by 2028.
Although agriculture is an important economic sector in Vietnam, its share of the country’s GDP has been decreasing at an annual average of 0.3% in the last decade. In 2020, it contributed 14.9% to Vietnam’s GDP.
Covid-19 has drastically changed education and redefined it beyond the physical classrooms. The global education app sector is witnessing a high annual growth rate of 26%.
Available in over 150 countries, by September 2020 TikTok had acquired 800 million users globally.
As with many countries in Asia, Korea’s tremendous economic development in the last . 50 years was driven by its baby boomers and many senior people.
In an effort to revive the economy, the Indonesian government allocated US$29 billion towards infrastructure development. This is expected to boost its construction industry.
Asia’s appetite for fitness has not gone unnoticed by Western franchises. Not only will 90% of the next 1 billion people to attain middle-class status be from Asia, but they will also be focused on securing education, health and safe food for their families.