Asian companies less quick to pull out of Russia

Western brands have been stopping sales and operations in Russia; however in Asia, the response has been less decisive. Two weeks after the invasion, Asian companies have been notably less vocal in criticizing Russia.

Hyve’s share price hammered

Nearly 30% of Hyve Group’s revenues are generated from events in Russia. With the Ruble crumbling and those events facing an uncertain future, Hyve’s share price has fallen from 115 pence one month ago to just 57 pence. The perception that China’s borders are unlikely to open in 2022 isn’t helping the situation, further undermining the Group’s performance in that market.

Malaysia’s restrictions to be lifted soon

Following the lead of Singapore, Thailand and the Philippines, Malaysia has announced that self-isolation restrictions for fully vaccinated visitors will be lifted as of 1st April. Vaccinated travellers will need to take a PCR test two days before arriving in Malaysia, as well as an antigen test during the first 24 hours after entry.

Event technology at the Olympics

Pico’s Greg Crandall takes a look at the technologies that were prominent at the recently concluded Winter Olympics in Beijing.