Event industry takes RM1.75 billion hit from Covid-19 | The Malaysian Insight

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Event industry takes RM1.75 billion hit from Covid-19

A jobseekers’ fair in 2018. At least 70%, or 1,250 business events have been cancelled this year. – The Malaysian Insight file pic, June 23, 2020.

THE exhibitions and convention industry has taken an estimated RM1.75 billion hit as a result of the movement-control order to curb Covid-19 transmissions. Some 1,250 events have been cancelled since March, said Malaysian Association of Convention and Exhibition Organisers and Suppliers president Vincent Lim, citing feedback from a poll among members in May.

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