Quick takes

Ungerboeck and Eventbooking “merge”

It is being positioned as a merger, but it seems that the Ungerboeck family have sold a large stake in their business to Cove Hill Partners, a private equity firm that has a stake in Eventbooking.

Singapore COVID test is a game-changer

The Singapore government has (provisionally) approved a COVID-19 breathalyser test. If this is widely adopted in Asia, it would certainly be a game-changer. Fingers crossed that this happens… fast.

Thailand to push ahead with Phuket “sandbox”

Despite a surge in COVID-19 cases, Thailand is pushing ahead with a plan to allow vaccinated travellers to enter Phuket quarantine-free. This plan could be undermined by the fact that the U.K. has added Thailand to its 10-day quarantine list.

DMGT results decent, other than events

The Daily Mail & General Trust Group (DMGT) recorded a 20% drop in pre-tax profits. Ad revenues may have been hit by the pandemic, but of course its event revenues were devastated, falling by 95% in the period.