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tourism sector: Travel, tourism sector sees 44% jump in hiring in Aug: Report

The travel and tourism industry in India experienced a 44% increase in hiring demand in August compared to the same month last year, driven by increased disposable incomes and higher spending on leisure and business travel. The sector had a significant decline in job postings during the pandemic but has seen a strong recovery this year as confidence in travel has returned.
Sekhar Garisa Tourism Sector Foundit Report Quess Company Tier Ii Cities

Hotel industry deals surge 140% in H1 2023

The hotel industry in India experienced a significant increase in transactions, reaching $175 million in the first half of 2023, a 140% rise compared to the previous year. This growth was attributed to Indias outlier status in the APAC market, where hotel deal volumes declined. The development pipeline has slowed down, leading to more trading of operating assets. Experts predict that Indias hotel investments will continue to increase in the coming years, potentially reaching the level of markets...
South Korea Asia Pacific Nihat Ercan Jaideep Dang Hospitality Group National Company Law Tribunal

APAC CDOs struggle to balance innovation and governance

Public sector Chief Data Officers (CDOs) in key Asia Pacific (APAC) markets are currently prioritizing governance, security and compliance amid the rapidly evolving regulatory landscape, highlighting a sense of caution and reduced focus on innovation in data analytics, according to new research from Qlik. Just 21% of data executives operated under similar reporting channels in 2021. Meanwhile, a third of public sector agencies (33%) also now use a governance title for their senior data executive...
Asia Pacific Chief Data Officers
Source: nyoooz.com

National Fuel Pass Receives Prestigious Digital Inclusion Award at GSMA M360 APAC 2023 Developed for Ministry of Power and Energy by Dialog, MillenniumIT & ICTA - Business News

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Sri Lanka South Korea Sri Lankan Julian Gorman Kanchana Wijesekera Supun Weerasinghe

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euler motors: Fyn partners with Euler Motors to procure 2,000 fast charging 3-wheeler EVs

Fyn, an electric vehicle (EV) platform, has partnered with Euler Motors to acquire 2,000 fast-charging 3-wheeler EVs. The order will support Fyns expansion plans in Mumbai, Delhi, and Coimbatore. Fyn has also received funding from Gentari, backed by Malaysian energy group Petronas, for the entire order.
Tamil Nadu Andhra Pradesh Visakh Sasikumar Saurav Kumar Euler Motors Petronas Backed Gentari

Periscope Capital Inc. Decreases Holdings in StoneBridge Acquisition Co. (NASDAQ:APAC)

Periscope Capital Inc. lessened its stake in shares of StoneBridge Acquisition Co. (NASDAQ:APAC – Free Report) by 55.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 200,000 shares of the company’s stock after selling 249,200 shares during the period. Periscope Capital Inc.’s holdings in StoneBridge Acquisition […]
New York United States Periscope Capital Inc Yakira Capital Management Inc Stonebridge Acquisition Co Glazer Capital

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