Tuesday, April 14, 2009
Thailand tourism faces 200,000 job losses
BANGKOK, April 14 (AFP)
Thailand's battered tourism sector could shed up to 200,000 jobs this year, industry experts warned as violent street battles in Bangkok triggered mass cancellations. Anti-government demonstrators who forced the cancellation of a major Asian summit on the weekend shifted their campaign to the capital, clashing with security forces Monday in defiance of a state of emergency. Apichart Sankary, president of the Association of Thai Travel Agents, said that television images beamed around the world of troops firing volleys of gunfire to disperse protesters had alarmed potential visitors. ''Layoffs are inevitable. We may lose up to 200,000 people this year if the situation is not resolved,'' he said, appealing to the government to resolve the turmoil as soon as possible. Bewildered tourists in Bangkok said they feared for their safety, while others were irritated that major shopping centres were shuttered as protesters loyal to ex-premier Thaksin Shinawatra rampaged through the capital.
ECoP meeting to tackle global crisis
The Employers Confederation of the Philippines (ECoP) is staging the 30th National Conference of Employers (NCE XXX) on April 28-29, 2009 at the historic Manila Hotel. ECoP honorary president Rene Y. Soriano is conference chair. Bannering the theme, The Global Crisis: Our Response, ECoP believes that the global crisis need not become a Philippine meltdown.
Soriano pointed out that the global crisis is an opportunity for the country to get its act together. “We should transform the crisis into a platform for a robust economic turnaround by building up the nation s strengths and its competitiveness at home and overseas,” he said.
“We should not delude ourselves in the thought that our resilience alone will enable us to survive, endure and overcome the present global crisis, according to ECoP President Sergio R. Ortiz-Luis, Jr.
The country should be a defining opportunity for the Philippines to build up its competitiveness at home and in the global market by refocusing on its natural strengths and instituting needed structural reforms to infuse greater dynamism in the economy, he added.
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