Asia/Singapore Monday, 6th April 2026
Page 78

Driving ambition

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Manila cityscape from Intramuros

Strong performance in the Philippine business events sector is fuelling a determined push towards international prominence, where recent developments are converging to propel this ambition forward.

Strides are being made across other crucial areas. For instance, the revision of the Philippine MICE Roadmap is underway, signalling a renewed strategic direction. The country has also successfully launched its national MICE branding, a significant step in establishing a distinct global identity.

Manila cityscape from Intramuros

Moreover, infrastructure development and improvements are on track, complemented by the expansion of bigger and higher-quality venues and accommodations nationwide. Accessibility is also steadily improving, while the integration of digital innovation and high technology within the sector shows promising progress.

However, the establishment of a dedicated MICE Bureau has not progressed despite calls from the industry.

Octavio Peralta, founding CEO of the Philippine Council of Associations and Association Executives, expressed strong support for the establishment of a dedicated MICE Bureau, similar to the former Philippine Conventions and Visitors Corp.,  before business events became a unit of the Tourism Promotions Board.

He elaborated: “To elevate Philippine MICE to a higher level, I think there’s a need for an independent and dedicated bureau for it, just like before.”

“It is a known fact that MICE generates more revenue than other travel or tourism-related activities. Besides, MICE has its own particular stakeholders and ecosystem that needs to be managed and supported.”

While the government has remained mum about this suggestion from industry players, Peralta envisioned a dedicated body that could well be a public-private-nonprofit partnership.

“For Philippine MICE to rise from its current level, it needs leadership, innovative thinking, and funding. This can be achieved when involved public, private, and non-profit organisations – such as associations – collaborate, coordinate their efforts, and pool their resources,” stated Peralta.

A significant development on the horizon is the planned Philippine International Exhibition Center (PIEC) in the Pasay Harbour City reclamation area. With the build contract slated to be bid out soon, this massive 128,000m² structure is anticipated to become the largest exhibition venue in South-east Asia upon completion.

Nicolette Ann Cruz, general manager of the Philippine International Convention Center (PICC) – which will be celebrating its golden anniversary in 2026 – said PIEC is a welcome development for the growing business events sector and does not impede PICC’s expansion.

Despite facing space constraints that have limited its ability to compete for larger events, Cruz revealed that plans under consideration involve transforming The Forum, currently a tent structure on the PICC grounds, into a permanent venue. Furthermore, a mixed-use development incorporating exhibition space is being evaluated for the building located behind the existing PICC.

While Metro Manila is the Philippines’ primary business events hub, Cebu is rapidly gaining ground, bolstered by improvements in its airport and road infrastructure and the introduction of new, larger venues.

Driven by the growth of both domestic and international business events, developers such as SM Hotels and Conventions, Megaworld, and Robinsons Hotels and Resorts (RHR), are responding by allocating larger spaces for convention centres within their properties and expanding into emerging destinations.

According to Barun Jolly, RHR’s senior vice president and business unit general manager, following the opening of the 2,000-pax Nustar Convention Center in Cebu approximately two years ago, the upcoming Fili Hotel Bridgetowne will also feature convention facilities, including a ballroom capable of accommodating up to 2,000 people and multiple meeting rooms.

Jolly noted that business events were RHR’s “fastest-growing segment last year” and continues to experience strong demand. He added that for December 2025, occupancy in most of their large hotels is nearing full capacity, with high demand for meetings ranging from 10 to 1,000 attendees, even in locations such as the Summit Hotel in Bacolod.

For the rest of this year, the Philippines is anticipating a lively calendar of events, particularly with a significant amount of incentive travel originating from South Korea and bound for the Visayas.

Nustar Resort and Casino, a five-star integrated resort in Cebu

This momentum continues in May, when Cebu City will host the World Congress on Traditional and Complementary Medicine. June will see Manila welcome the Project Management Institute Global Summit Series APAC and the World Conference of the Masonic Fraternity 2025.

Moving into 2H2025, October is set to be a busy month with the 43rd Conference of the ASEAN Federation of Engineering Organizations, and the World Congress on Medicinal Plants and Natural Products taking place. November will bring the 29th Annual Congress of the Asia Pacific Society of Respirology to Manila, the Sustainable Industrial Processing Summit to Cebu, alongside the inaugural Terra Madre Asia Pacific event in Bacolod City. The year will conclude in December with the 33rd APAC Regional Scout Jamboree in Zambales.

Tourism NZ sets bold new event bid targets for 2026

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TNZ’s chief executive René de Monchy at Meetings 2025

Tourism New Zealand (TNZ) is on track to achieve a record-breaking year for international business event bids, with fresh government funding now fuelling an even more ambitious outlook for FY26.

Speaking at Meetings 2025, the country’s flagship tradeshow for business events, TNZ’s chief executive René de Monchy announced a bold target of 110 large-scale international business event bids next financial year, projected to generate NZ$185 million (US$111.4 million) in economic value.

TNZ’s chief executive René de Monchy at Meetings 2025

The new goal builds on a strong FY25 performance, where TNZ is expected to hit its stretch target of 110 bids valued at NZ$170 million, a jump from the original goal of 90 bids worth NZ$140 million.

The better-than-expected performance was made possible by a NZ$3 million funding boost announced in March 2025.

The new event bid goals were unveiled after the New Zealand government confirmed a further NZ$3 million investment in business events for FY26 on Tuesday, reinforcing confidence in the sector’s value and TNZ’s delivery capacity.

“This additional Tourism Boost funding is a strong vote of confidence in the work we do,” said de Monchy. “It has allowed us to do more and move faster, and with a full year ahead to pursue larger and higher-value events, we’re focused on building further momentum.”

TNZ’s business events conversion target remains at 60 per cent, and de Monchy noted the organisation is “confident we will hit those numbers,” citing “great momentum” in the current pipeline.

Recent market research positions New Zealand as a “high-desire” destination for international events, thanks to its reputation as safe, welcoming and politically stable.

However, de Monchy acknowledged that lingering perceptions around geographic accessibility continue to pose a challenge. “There is still a view that New Zealand is hard to get to. We are working hard to shift that perception and it’s important to continue identifying and supporting bid champions to make that happen.”

TNZ is expected to launch a new iteration of its 100% Pure New Zealand brand today (Thursday) before Meetings 2025 concludes at the Auckland Showgrounds.

The celebration party will see more than 700 guests gather at the Viaduct Events Centre, paying homage to the city’s sailing legacy with a nautical theme.

New Zealand ignites tourism sector with NZ$35 Million Growth Roadmap

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NZ Tourism and Hospitality Minister Louise Upston unveils the new Tourism Growth Roadmap at the opening of Meetings 2025, Eden Park, Auckland

New Zealand has launched a NZ$35 million (US$21.1 million) Tourism Growth Roadmap, unveiling a comprehensive package of initiatives set to accelerate international tourism and boost business events.

Tourism and Hospitality Minister Louise Upston announced the roadmap at the Meetings 2025 Welcome Event in Auckland. It comes hot on the heels of (and includes) Monday’s announcement of NZ$13.5 million in new marketing funds aimed at Australia, the US and China.

NZ Tourism and Hospitality Minister Louise Upston unveils the new Tourism Growth Roadmap at the opening of Meetings 2025, Eden Park, Auckland

That allocation alone is expected to generate 72,000 additional visitor arrivals and NZ$300 million in visitor spending.

“These are big numbers, but that’s only part of the NZ$35 million package,” said Upston. “I am also committing a further NZ$6 million in new funding to uplift marketing activity in the emerging markets of India and South-east Asia.”

The value of business events was reinforced, with a further NZ$3 million allocated to the Conference Assistance Programme to continue business event attraction efforts over the next year.

Upston revealed that the original NZ$3 million committed in March had already resulted in 15 to 20 additional bids, with three wins secured to date, collectively valued at NZ$7.5 million.

Business Events Industry Aotearoa’s (BEIA) chief executive Lisa Hopkins welcomed the renewed investment.

“The initial NZ$3 million investment was a powerful starting point. This second wave of funding sends a clear and deliberate message to the global market, that New Zealand is here to compete for international business events, and we are in it for the longhaul,” she said.

Other notable features of the roadmap include a NZ$5 million boost to strengthen major events attraction, and a co-funded NZ$4 million investment to enhance visitor experiences and reduce congestion along the Milford Road corridor.

“Increasing tourism and creating a strong economy is a key focus for the next few years, and the economic contribution of the business events sector is a critical element to our success,” said Upston.

The minister officially opened MEETINGS 2025, New Zealand’s largest business events showcase at Auckland’s Eden Park with 700 people on Tuesday evening.

The two-day trade exhibition began today (June 11) at Auckland Showgrounds, with exhibitors across 253 stands representing 18 regions, meeting with over 550 domestic and international buyers.

From law to landmark

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Tell us about your stint as a lawyer.
I have been working in infrastructure law for a long time, specifically 15 years in government contracts that cover both infrastructure and non-infrastructure projects; for infrastructure alone, it has been over a decade.

Even back in law school, I knew I wanted a practice with a public service component. So, right from the start, I was involved in infrastructure, at a time when most of my classmates were still doing what you would call conventional legal practice – things like litigation and corporate law. While I did both approaches, in government, I intentionally worked across the judicial, executive, and legislative branches, always focusing on government infrastructure contracts.

It must have been a challenge taking the non-traditional route.
The industry presents unique challenges, largely due to its male-dominated nature. Since I began my practice, I often found myself as the sole woman in nearly all my meetings. Starting my career at a young age also meant I was often younger than my colleagues on projects and tasks, but I’ve always embraced these challenges head-on.

Fortunately, I have not encountered any major negative experiences stemming from this. While there are a few common issues that most women face in any professional setting, they have never been insurmountable for me. These experiences have ultimately strengthened my resolve and refined how I approach my work. However, some aspects of the job still daunt me, especially those outside my direct control.

While I have complete control over my own output – how well I perform and the sincerity of my intentions – the numerous players and stakeholders in infrastructure make it difficult to control every variable. I suppose these external factors are what make the job particularly challenging for me. But then again, what job doesn’t come with its own set of challenges?

You have an enviable track record lawyering for reclamation projects, international airports and seaports, toll roads and bridges, power plants and renewable energy, environmental rehab, and a lot more. How does this background prepare you for leading PICC, the premier MICE venue of the government and a National Cultural Treasure?
Taking on the PICC role as an outsider was my initial concern when tasked with preparing for the 2026 events.

Given my extensive background in infrastructure practice, I have always viewed the PICC, alongside other iconic structures in the Cultural Center of the Philippines (CCP) Complex, as a testament to the Philippines’ “golden age” of infrastructure. These buildings have served us for decades, a true test of time.

What I did not realise was that there were significant, grand plans for the PICC beyond mere expansion or improvement. The fact that such a landmark area would undergo further development made the transition into this role less difficult than anticipated.

Perhaps the most challenging aspect for me now is the laser focus required for a single infrastructure project. As an infrastructure and transactions advisor, I am accustomed to managing several projects concurrently. While this does not compromise the output of individual projects, it does necessitate a different mindset. Here, I am given one singular task and am expected to execute it flawlessly. This intense focus, however, allows me to be meticulously involved in every detail, not to the point of micromanagement, but to deeply familiarise myself with every component of PICC’s plans and projects.

What are the plans for the PICC?
My work at the PICC falls into two main categories. First, there are the general annual projects and programmes that the PICC consistently undertakes, such as business continuity, revenue target maintenance, and the physical upkeep and enhancement of the infrastructure.

The second category involves major renovation and enhancement projects specifically tailored to prepare the facility for its golden anniversary and the ASEAN Summit in 2026. These are landmark events not just for the Philippines, but globally. Beyond ongoing physical works, significant architectural and engineering projects are scheduled to commence in mid-2025 and continue until just before the ASEAN Summit.

Given PICC’s status as a National Cultural Treasure, my immediate concern was how to make it the best it can be without erasing its rich heritage and its significant place in our political, economic, cultural, and social landscape, but rather enhancing it. Since the CCP Complex, including the PICC, was designed by the late national artist Leandro Locsin, we have engaged his son for the architectural and engineering design to ensure the brutalist architecture and its components are not compromised.

The PICC’s role as the Philippine government’s premier MICE venue means both national and local governments have a vested interest in its future. The interplay of involving all stakeholders in the plans for the PICC, not just for next year but for many years to come, is an exciting challenge.

In my initial meetings with PICC departments, officers, and personnel, I emphasised that this is a time when “almost all eyes are on you”. Instead of shying away, I encouraged them to embrace this honour and strive not just to meet, but to surpass expectations, which is entirely possible given their decades of institutional knowledge. It is a truly exciting collaboration and dynamic between government and private sector stakeholders for the PICC.

For me, this goes beyond just tourism, conventions, and MICE. I see it as an integrated effort to provide our countrymen with the quality goods, services, and projects they deserve. This has always been my personal motivation for practicing infrastructure law. When you contribute to making an average Filipino’s life better – through traffic-free roads, efficient airports with on-time flights, or event venues that create lasting positive memories– that is your direct contribution to improving their lives.

Any other plans and targets for PICC?
Beyond the physical infrastructure, my focus also extends to fortifying the PICC as an institution. This involves strengthening its personnel, enhancing their competencies, and reinforcing its relationships with both government entities and other stakeholders. This institutional growth can, and will, be pursued simultaneously with the preparations for the ASEAN Summit.

A key objective is to secure various ISO and green certifications for the PICC, particularly those related to sustainability. Sustainable development is not just a trend in MICE or infrastructure; it is a fundamental requirement for both government and privately-owned facilities.

I have also tasked technical services with developing a conservation protection management plan for the artworks housed within the PICC. These pieces, all owned by the Bangko Sentral ng Pilipinas (Central Bank of the Philippines), are integral to the venue’s charm, history, and intrinsic value, effectively making the PICC a museum.

Therefore, our approach to treating and protecting these artworks must meet museum-level standards.

Hong Kong exhibitions see growth, but economic pressures remain: HKECIA

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Participants at the HKECIA annual dinner held on May 30, 2025

The Hong Kong Exhibition & Convention Industry Association (HKECIA)’s latest annual exhibition survey revealed that Hong Kong hosted 121 large-scale exhibitions (those exceeding 2,000m2 of floor space) in 2024.

Notably, exhibitions categorised as “Trade” or “Trade and Consumer” saw a 9.6 per cent increase in number compared to 2023, signalling a continued rebound in the industry.

Participants at the HKECIA annual dinner held on May 30, 2025

Of the 121 large-scale exhibitions, 80 were “Trade” and “Trade and Consumer” exhibitions and represented the focus of the survey.  That number is up from 73 in 2023, reflecting the continuous progress of recovery of Hong Kong’s exhibition industry after the pandemic.

Attendee numbers at these exhibitions increased year-on-year, with the number of exhibiting companies rising by 13.9 per cent, from over 45,000 to nearly 52,000, while the number of visitors increased by 4.5 per cent to over 1.4 million. However, the exhibitor space rented by exhibitors decreased by 6.8 per cent to nearly 830,000m2.

Commenting on the survey results, HKECIA chairman Stuart Bailey noted that 2024 presented both achievements and challenges for the industry. He stated that the increase in exhibiting companies and visitors demonstrated the resilience of Hong Kong’s exhibition sector and the success of proactive recruitment efforts despite a difficult economic climate. However, a decline in rented exhibitor space indicated that companies reduced spending due to global economic uncertainty.

When the 2024 survey figures are placed against the pre-Covid figures for 2019, the total number of exhibitions has recovered to pre-Covid level, while exhibiting company and visitor participation lags behind 2019 figures by 25.1 per cent and 21.3 per cent, respectively.

Among all categories, the number of visitors from the Mainland attending “Trade’ and Trade and Consumer” exhibitions in Hong Kong in 2024 shows the encouraging recovery pace, growing by 21 per cent from 2023 and surpassing 2019 level by 9.2 per cent.

Bailey highlighted the significance of strong government support, particularly the Incentive Scheme for Recurrent Exhibitions (ISRE), which has helped mitigate financial pressures for organisers. He emphasised that the survey results underscore the need for continued government assistance to maintain Hong Kong’s status as the Trade Fair Capital of Asia during this volatile period. The upcoming ISRE 2.0, launching in July, will extend funding to additional venues like the Central Harbourfront Event Space and West Kowloon Cultural District, reflecting the government’s commitment.

Given the impact of global trade tensions and a projected fall in merchandise trade volume in 2025, the industry strongly advocates for an extension of the scheme beyond 2026, and collaborative development of new initiatives to address ongoing challenges, he added.

Gyeongju anticipates major visitor surge as APEC 2025 host

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The APEC Summit will help boost Gyeongju’s business events profile

As host of the 2025 Asia-Pacific Economic Cooperation (APEC) Summit, the city of Gyeongju on the south-eastern coast of South Korea is anticipating a big increase in visitor numbers this year.

According to the Gyeongsangbuk-do Research Institute, the city expects an influx of around 72,885 domestic tourists and 41,032 international visitors during the summit period. These visitors are expected to generate around 241.8 billion won (US$178 million), and create more than 4,500 new jobs in tourism-related sectors.

The APEC Summit will help boost Gyeongju’s business events profile

In fact, this year has been designated as the Visit Gyeongbuk Year, the region where Gyeongju – once the seat of the Silla Kingdom – is located.

“The APEC Summit is a catalyst for Gyeongju’s inbound tourism – it brings global visibility, attracts thousands of visitors, and drives investment in infrastructure and cultural programming. By hosting world leaders and showcasing our UNESCO World Heritage sites, Gyeongju strengthens its position on the world stage as a premier destination for history, culture, and MICE,” said Deokhyun Jo, executive director at Gyeongju Hwabaek Convention and Visitors Bureau.

As delegates are more familiar with Seoul and Busan, Jo opined that the APEC Summit positions Gyeongju as a viable alternative to these cities for hosting international conferences and summits.

“Hosting a high-profile event like the APEC Summit significantly enhances Gyeongju’s standing in the global MICE industry. It showcases the city’s ability to manage world-class events with seamless logistics, upgraded infrastructure, and rich cultural offerings.

“The successful delivery of APEC proves that major events can thrive outside of Korea’s largest cities, opening the door for Gyeongju to attract more large-scale governmental, academic, and corporate events in the future,” he added.

Ahead of the Summit, Gyeongju’s main venue, the Hwabaek International Convention Center, is undergoing renovations. Other upgrades include a new banquet hall at the Gyeongju National Museum for official APEC events.

Upgrades to infrastructure around the city are also underway, including improving roads, signage, and public spaces, while restaurants are updating their Google profiles to help visitors find accurate information more easily, shared Jo.

The Bomun Tourist Complex – an area with a manmade lake, hotels, leisure and recreational facilities – is also being revitalised with new landscape features, night lighting, and digital media facades to improve the overall visitor experience.

Malaysia and Kuala Lumpur rise in ICCA rankings

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Kuala Lumpur (pictured) moves up six spots to Top 30 in ICCA World City Rankings

Malaysia and Kuala Lumpur continue their upward trajectory in the ICCA (International Convention & Conference Association) 2024 Country & City Rankings report, strengthening their profiles as business events destinations in the global marketplace.

Malaysia hosted 129 international association meetings, moving two places up to 31st in the global country rankings and placing ninth in the Asia Pacific region. Kuala Lumpur showed strong improvement, jumping six spots to 26th in the World City Rankings, with the Kuala Lumpur Convention Centre (the Centre) among the venues that accommodated some of the city’s 78 international association meetings that year.

Kuala Lumpur (pictured) moves up six spots to Top 30 in ICCA World City Rankings

“Malaysia and Kuala Lumpur’s growing reputation reflects their compelling value proposition,” said the Centre’s general manager John Burke. “With KLIA served by 79 airlines and visa-free access for 175 countries, Malaysia provides the great connectivity that global business events demand. On top of that, we have a mature supply chain aligned with global standards, wide English proficiency and a favourable exchange rate. Combined with its rich cultural heritage and natural assets, Malaysia is a competitive choice.”

To promote the global profile of both Malaysia and Kuala Lumpur, the Centre maintains a strong partnership with the Malaysia Convention & Exhibition Bureau (MyCEB) – an agency under the Ministry of Tourism, Arts and Culture – regularly collaborating at international tradeshows to attract business events to the country.

Bruke also noted that as global emphasis on ESG escalates, sustainable growth will be key to ensuring the success of Malaysia, Kuala Lumpur, and the Centre in the business events sector. He stressed the importance of industry efforts in positioning Malaysia as a sustainable business events destination.

“At the Centre, we are fully committed to setting a global benchmark in environmental responsibility and sustainability. In 2024, we achieved 100% food waste circularity through composting and strengthened our emissions reduction strategy by adopting green power via the Green Electricity Tariff (GET). We are targeting a 25 per cent reduction in Scope 1 and 2 emissions, guided by our Net Zero Carbon Events goals. We are also on our way to ISO 20121 certification in Sustainable Event Management,” he said.

By 2030, business events are projected to contribute RM42.12 billion (U$9.9 billion) to Malaysia’s national economy.

IT&CM Asia & CTW Asia-Pacific 2025 returns to Bangkok

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IT&CM Asia and CTW Asia-Pacific 2025 is set to return to Bangkok, Thailand, from September 23-25, 2025 promising an amplified focus on delivering cutting-edge thought leadership, fostering inclusive travel experiences, and providing educational content for the business events and corporate travel sectors.

Day One will kick off with a focus on education and skill-building, supported by leading global associations such as the Global MICE Collaborative (IAEE, MPI, SITE), ICCA, and GBTA.

IT&CM Asia 2024

Delegates can pre-register for the MICE Fundamentals: Conferences, Exhibitions & Incentive Events certification course by the Global MICE Collaborative.

“The Global MICE Collaborative is thrilled to be the educational partner with TTG Events for IT&CM Asia and CTW APAC 2025,” shared Annette Gregg, CEO of SITE. “This certification builds a strong foundation for professionals in emerging MICE markets.”

In addition, ICCA will lead a Sustainable Gastronomy in MICE activity that explores the wonders of gastronomy through the lens of sustainability and innovation. Delegates will take part in interactive experiences that encourage knowledge sharing and promote responsible practices within the business events landscape.

Powered by GBTA, CTW Asia-Pacific will facilitate discussion on the topic of business travel and its future resilience, with a focus on sustainability, policy, and traveller well-being.

The conference agenda will also include an opening keynote that discusses mindfulness and delegate experience design in business events and corporate travel; five-minute roundtable engagement for buyers and exhibitors; and a roundtable session that explores how food is a wellness driver.

Hosted buyers and media will also be able to experience business events destinations beyond Bangkok, where the 3D2N post-show experiences will offer tours to Phitsanulok – Sukhothai, Krabi, or Khon Kaen.

Better Stands’ reusable stands framework opens to global industry

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Better Stands will enable all stakeholders in the events industry to better understand the measurable benefits they will bring

Better Stands, a new framework designed to champion sustainability in the global events industry, is now accessible worldwide.

This means event organisers, service providers, venues, and associations across the globe can adopt its principles to foster a more environmentally conscious approach to event infrastructure.

Better Stands will enable all stakeholders in the events industry to better understand the measurable benefits they will bring

The initiative specifically promotes and celebrates the shift from single-use to reusable exhibition stands, encouraging best practices that not only enhance sustainability, but also drive cost savings and greater efficiency.

Better Stands operates by providing a consistent framework to measure the reusability of event stands, setting classification criteria according to how much of a stand or booth is reusable or recyclable. Stands can achieve Bronze, Silver or Gold Better Stands level, recognising and celebrating the work and commitment of exhibitors and stand contractors to sustainability.

This status can be achieved either through a Pre-Certification process, where contractors gain recognition for their reusable build methods ahead of the event, or via onsite assessments conducted by trained assessors during the event itself. More than 50,000 stands have so far been assessed under the Better Stands criteria in the development stage of the initiative.

Better Stands is stewarded by a Steering Committee of 13 organisations, representing organisers, service contractors, assessors, venues and associations who have trialled the initiative. It is supported by the International Federation of Exhibition & Event Services, and hosted by Net Zero Carbon Events.

The concept for Better Stands was created by Informa and has been piloted by a group of organisers since 2023. This pilot was extended to a group of service providers, assessors and others in 2024. To date, Better Stands has been successfully implemented at over 400 events in more than 37 countries.

Qantas Group sheds Jetstar Asia in strategic restructure

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Jetstar Asia operations out of Singapore will cease by July 31

Intra-Asia airline, Jetstar Asia, will cease operations on July 31, as parent Qantas Group embarks on a strategic restructure to support its historic fleet renewal programme and strengthen its core businesses in Australia and New Zealand.

In a press statement issued early this morning, Qantas Group said the closure of Jetstar Asia would enable the group to recycle up to A$500 million (US$326.4 million) in capital, supporting its historic fleet renewal programme.

Jetstar Asia operations out of Singapore will cease by July 31

The move will allow 13 Jetstar Asia Airbus A320 aircraft to be progressively redeployed to Australia and New Zealand, bringing about more low fares and more local jobs.

Sixteen intra-Asia routes operating out of Singapore will be impacted by the closure of Jetstar Asia, while services operated by Jetstar Airways and Jetstar Japan into Asia will not be affected. All of Jetstar Airways international services in and out of Australia also remain unchanged.

Qantas Group noted that Jetstar Asia has faced growing challenges in recent years. Despite delivering exceptional customer service and operational reliability, Jetstar Asia has been impacted by rising supplier costs, high airport fees, and intensified competition in the region. This has fundamentally challenged the low-cost airline’s ability to deliver returns comparable to the stronger performing core markets in the group.

The airline is expected to post a A$35 million underlying EBIT loss this financial year, prior to the closure decision.

In the lead up to the July 31 closure, the airline will operate on a progressively reduced schedule. Customers with existing bookings on cancelled flights will be offered full refunds and the group will look to accommodate customers onto other airlines where possible.

All affected Jetstar Asia employees will be provided redundancy benefits as well as employment support services. Qantas is also actively working to find job opportunities across the group and with other airlines in the region.

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