Quick takes

China continues to cancel shows due to Covid crackdown

Beijing continues refuse to consider any alternatives to its “COVID-zero” approach and as a result, the list of postponed and cancelled exhibitions in China is rapidly rising.

Macau receiving interest from MICE-planners in China

Reopening borders (between Macau and the mainland) and reduced quarantine travel requirements have brought China-based event planners back to Macau.

Informa buys back €200m of Eurobonds

Informa announced a successful tender offer for bonds maturing in 2023. This comes alongside its £725m Share Buyback Programme. The successful tender is a part of Informa’s commitment to debt reduction and balance sheet strength.

STB boosts spending on tourism

As Singapore continues to actively try to put the pandemic behind them, the Singapore Tourism Board has unveiled another S$8 million (US$5.6 million) programme to support the recovery of its tourism and lifestyle business sector.