"What this Country needs is not a change OF men but a change IN men" March 1980

Sunday, October 12, 2008

How tourism copes with global crisis

Independent Senator Richard J. Gordon today talks about how the international tourism and hospitality industry can cope up with the present global financial crisis that is slowing down other economies across the world, including Asia .

Gordon, chairman of the Senate tourism committee and former tourism secretary, is scheduled to deliver his speech entitled "Hope for tourism at a time of global financial crisis" at the Suntec City Convention Centre, Singapore at 2 p.m. today.

He is among the four other resource speakers for the conference who shall also talk about tourism and hospitality industry along the theme of the two-day Global Indian Diaspora Conference, also popularly known as Pravasi Bharatiya Divas.

Mauritius Prime Minister Navinchandra Ramgoolam is expected to be present when Gordon delivers his speech.

The conference brings together other top Indian businessmen from Asia Pacific region to the Singapore meeting, which focuses on economic issues related to India and the global financial crisis.

It will address global issues, such as climate change and energy security, and explore business collaborations in sectors such as infrastructure, tourism and hospitality, science and technology, finance and banking, and youth and education.

The conference is a platform for the Indian corporate diaspora in the Asia Pacific region and those with interest in the Indian market to meet and explore new business opportunities.

It is organized by the Singapore Indian Chamber of Commerce and Industry and co-organized by India 's Ministry of Overseas Indian Affairs and the Confederation of Indian Industry.


Blogger spadamchrist said...

As well as the real estate falls, the two markets were said by analysts to be significantly affected by the reported withdrawal of billions of dollars by foreign investors because of the global credit crunch.
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9:14 AM


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