KUALA LUMPUR, July 5 Malaysia and Indonesia need to find a common ground for industry stakeholders to cooperate and move forward and create a larger economic impact, says.
JAKARTA (June 29): Malaysia Convention & Exhibition Bureau (MyCEB) and the industry champions from Indonesia plan to position both countries as a preferred business events destination.
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The meetings, incentives, conventions and exhibitions (MICE) industry says is has sustained at least Rp 44.3 trillion (US$3.1 billion) in losses as a result of the COVID-19 pandemic.
Indonesian Exhibition Companies Association (Asperapi) chairman Hosea Andreas Runkat said during the 8th Indonesian Business Event Forum on Tuesday that the health crisis had greatly affected the industry, particularly for exhibitions.
“We tried to count the minimum losses in 2020 and it’s around Rp 44.3 trillion,” said Hosea, as quoted by
antaranews.com.
He expressed his hopes that the government and MICE players could work together to recover the industry’s performance.
As a result of global restrictions and physical distancing requirements, the MICE industry is among the sectors hardest hit by the pandemic.