Global Business Development

EGS Biweekly Global Business Newsletter Issue 9, Monday, July 27, 2020

By William (Bill) Edwards, CEO of Edwards Global Services, Inc. (EGS)

 A pessimist is one who makes difficulties of his opportunities; an optimist is one who makes opportunities of his difficulties.” Harry Truman, the 33rd President of the United States

 “Do the best you can until you know better. Then when you know better, do better.” — Maya Angelou

“The main thing is to have good health and to embrace opportunities which come along every day. As Sir Winston Churchill once said: “Success is not final, failure is not fatal; it is the courage to continue that counts!”, Stewart Germann, Auckland

 Introduction

The goal of this biweekly newsletter is to update the economic and business situation in key trading countries across the world. In our business, we monitor 30+ countries, 25 daily international information sources and six business sectors to keep up with what is going on in this ever-changing environment. Our team on the ground covers 43 countries and provides us with updates about what is happening in their specific countries.

Many of our newsletter readers send us their input and perspectives to help us publish a balanced overview about the world every other week.  Our contact information is at the bottom of this newsletter.

Highlights In This Issue

This issue focuses on what is happening in more than 20 countries that impact health, consumer spending, business investment and travel. A few highlights:

  • McKinsey U.S. Survey says masks will be on people’s faces at least through early 2021
  • Google to Keep Employees Home Until Summer 2021 Amid Coronavirus Pandemic
  • The World Trade Organization has five charts that indicate the worst may be over for coronavirus and global trade
  • Patty power: The Economist’s latest Big Mac index: The McDonald’s Big Mac hamburger. It costs about US$3.10 in China and $5.71 in America. See below for what a Big Mac costs in key countries.
  • How retail shopping and eating will change as result of the pandemic

McKinsey Survey says masks will be on people’s faces at least through early 2021

“As of late May/early June, 88 percent of respondents in the United States thought the coronavirus infection rate would be the same or lower in the first quarter of 2021—whether there’s a vaccine or not. But most expect to still be wearing masks.”, McKinsey, July 14, 2020

International School Openings

“Some Countries Reopened Schools. What Did They Learn About Kids and Covid? Studies from around the world suggest that success depends on class size, distancing, the age of the students, and how prevalent the virus is locally. As school officials try to figure out whether to open classrooms this fall, the science they need to make these tough choices is still evolving. A few things are clear: That most kids don’t become as seriously ill from Covid-19 as adults, and have much lower fatality rates. That’s according to data from the US and China published by the Centers for Disease Control.”, WIRED, July 27, 2020

https://bit.ly/WIREDReopeningSchools

International Travel Updates

 “Here Are The New Rules For Air Travel After The Pandemic: Canceled flights. Mandatory masks. Temperature screenings. Air travel just isn’t the same since the COVID-19 outbreak. We’re flying in a strange and often confusing world. So what are the new rules for air travel after the pandemic? Some changes, like new airline refund policies and mandatory face coverings, are widely known. Others aren’t. And it’s these unpublicized shifts — happening quietly behind the scenes — that suggest passengers have an advantage that they haven’t had in years.”, Forbes, July 24, 2020

https://bit.ly/ForbesNewTravelRules

“Business travel changed– but not forever: In the thick of the pandemic, it seemed hard to imagine that we would ever travel for business again. Health and hygiene concerns coupled with global lockdowns, conspired to take all our meetings online. However, now the future is looking brighter, will businesses stay loyal to Zoom, or will we return to the old ways of travel and doing business face-to-face?

https://bit.ly/RegusBusinessTravelChanges

“EU extends travel ban on Americans amid spike in US coronavirus cases: The European Union extended its travel ban on Americans on Thursday, as coronavirus infections continued to rise across the United States. The EU first started lifting international travel restrictions on July 1, welcoming visitors from 14 countries, including Canada, South Korea and Australia. The U.S. was left off that initial list and Americans remain barred from visiting the bloc for at least another two weeks under Thursday’s decision, announced by the European Council.”, USA Today, July 16, 2020

“U.S., Canada, Mexico to Keep Land Border Closed Until August: The borders will be closed until at least Aug. 21. ‘Based on the success of the existing restrictions and close collaboration with Mexico and Canada, @DHSgov will continue to limit non-essential travel at our land ports of entry with Canada and Mexico until Aug 20,’ Chad Wolf, the acting U.S. Secretary of Homeland Security, said in a tweet. ‘Close collaboration with our neighbors has allowed us to respond to #COVID19 in a North American approach and slow the travel-related spread of the virus.’ Canadian Prime Minister Justin Trudeau said the extension was a move ‘to keep people in both our countries safe.’ Since the land border was closed, passenger crossings have dropped by 90 percent or more, Reuters reported.”, Travel and Leisure magazine, July 26, 2020

“Virgin Atlantic resumed passenger flights on July 20, ending a three-month hiatus caused by the coronavirus outbreak. The first flight was London’s Heathrow Airport to Hong Kong. The first service, operated by a Boeing 787-9 aptly named Leading Lady, had special measures implemented to ensure that passengers can fly safely. These included mandatory face masks and a Health Pack for each passenger, which included three masks, surface wipes and hand gel. Since this flight, Virgin has resumed services to two additional destinations. These include New York, operated by an Airbus A350 named Queen of Hearts, and Los Angeles, which was served by the Dreamliner called Queen Bee.”, Airline Geeks, July 22, 2020

“U.S. passenger flights to India can resume July 23: The government of India has agreed to allow U.S. air carriers to resume passenger services in the U.S.-India market starting July 23, the U.S. Transportation Department said on Friday.”, Reuters, July 17, 2020

“Set sail and social distance: Taiwan resumes ocean cruise amid pandemic: Taiwan resumed an island-hopping ocean cruise on Sunday, joining a handful of places in the world to restart voyages after the coronavirus pandemic brought the industry to a virtual standstill. Some 900 holiday makers are adapting to new safety measures when boarding Genting Hong Kong’s (0678.HK) Explorer Dream embarking from Taiwan’s northern Keelung port. The company now offers trips of up to five days from Taiwan to its scenic outlying islands of Penghu, Kinmen and Matsu.”, Reuters, July 26, 2020

“Southwest Airlines backtracks on a full schedule by year-end as recovery stalls. It was less than two months ago when Southwest Airlines unveiled plans to fly a nearly full schedule by December in an effort to grow out of the coronavirus pandemic as it has past recessions. Dallas-based Southwest plans to fly about 25% less than it flew at the end of 2019 by December, CEO Gary Kelly said during the airline’s second quarter earnings call on Thursday.”, The Points Guy, July 26, 2020

Africa

“Welcome to Africa: A country-by-country guide to reopening: We’ve been doing a lot of stories about our dream trips and when we can realistically book them. Africa is at the top of our wish list. And several countries in Africa have reopened to tourism.”, The Points Guy, July 26, 2020

https://bit.ly/TPGGettingtoAfricaNow

Greater Asia

“A Country-by-Country Look at How Asia Is Reopening: All the reopening statuses and current travel restrictions. Nearly every country in the world has been touched by the virus, there are travel restrictions at most borders and, for the imminent future, we’re all staying pretty close to home. But because countries in Asia like China, Japan, and South Korea were impacted early on, they’ve also been earlier to peak, earlier to flatten their curves, and, generally, earlier to reopen.”, CNN Traveler, July 15, 2020

https://bit.ly/CNNTravelerAsiaReopening

Australia

“McDonald’s to open its 1,000th store in Australia – and the cutting-edge super green Melbourne restaurant will use solar panels, fibre cutlery and renewable energy. McDonald’s is set to open its 1,000th restaurant following 50 years in Australia at the end of the year.”, Daily Mail, July 25, 2020

“Australia extends jobs support as new COVID-19 outbreaks threaten economy: Australia will spend A$16.8 billion ($11.8 billion) to extend its wage subsidies for businesses hit by the coronavirus pandemic, as a surge in new infections in the country’s southeast threatens to keep the economy in recession.”, Reuters, July 20, 2020

“Bank chief executives have backed the government’s revamp of a scheme to provide up to $40 billion in taxpayer-backed loans to help the recovery of small and medium-sized firms. Changes to the $40 billion scheme include lending larger amounts for longer terms of up to $1 million for five years, which is an increase from the scheme’s initial limits of $250,000 for up to three years.”, The Brisbane Times, July 20, 2020, compliments of Jason Gehrke, Managing Director, The Franchise Advisory Centre, Brisbane

Canada

“WestJet Announces Schedule Expansion for August: As the summer travel season moves forward, Canada’s WestJet is expanding its August schedule and continuing its flight operations for July. The Calgary, Canada-based carrier plans to add more than 200 flights to 48 destinations across Canada and beyond. Even though there seems to be no end in sight for the global pandemic, the airline is also dedicating efforts to safeguard its passengers.”, Airline Geeks, July 20, 2020

Mainland China

“Chinese GDP grows 3.2% in second quarter: Gross domestic product grew 3.2 per cent in the three months to the end of June, compared with the same period last year. The positive economic data follow the first annual decline in decades in the previous quarter, when China’s GDP fell 6.8 per cent as the country struggled to deal with the impact of the Covid-19 crisis.”, The Financial Times, July 16, 2020

“Passengers Now Need a Negative Covid Test Certificate Before Flying to China: The test, paperwork, and five-day time frame all add up to a lot of extra work for the traveler. Those airlines that are allowed to fly to China will probably be hoping it’s a very temporary measure.”, July 21, 2020

“Getting Expats Back to China During COVID-19: With the new school year due to resume in the fall, some AmCham China members are having to arrange alternative plans for their children’s schooling to contend with the very real possibility that they will not be able to return to China in time for the start of the fall term.”, AmCham China, July 24, 2020

https://bit.ly/GettingExpatsBacktoChina

“Yum China Holdings Inc was named as an official retail food services sponsor for the Beijing 2022 Winter Olympics, the KFC operator in China said on Monday. Yum China’s brands, including KFC and Pizza Hut, will be on site at the Olympic and Paralympic Winter Games in Beijing. The company, a licensee of Yum Brands Inc in mainland China, was also named as an official sponsor of the Chinese Olympic Committee through the end of 2024.”, Reuters, July 20, 2020

https://bit.ly/YUMChinaOlympics

“Beijing partially reopens movie theaters as coronavirus threat recedes: Cinemas in parts of the city deemed at low risk of cross-infection began admitting moviegoers under social distancing rules. Tickets must be booked in advance, attendance is capped at 30% of capacity and no eating or drinking is allowed during the show. As with most venues in China, a temperature check and online travel record were required for entry. Cinemas have been closed for around six months but began reopening this week in major cities throughout the country.’ Fortune and Associated Press, July 24, 2020

“Cinemas in China begin to reopen after six-month coronavirus closure: Some cinemas in Chinese cities from Shanghai to Chengdu reopened on Monday after a six-month closure, raising hope that the world’s second largest movie market can start to recover from painful losses during the coronavirus pandemic.”, Reuters, July 20, 2020

“Chinese car stocks get Covid-19 sales boost as consumers look for safer alternative to public transportation. Car sales improved in June as buyers returned to showrooms after worst of the coronavirus”. South China Morning Post, July 20, 2020

https://bit.ly/SCMPChinaautosales

The EURO Zone

“Eurozone business activity rebounds from pandemic hit: Bloc’s services sector posts notable uptick and German manufacturing recovers. Services sector businesses across the eurozone reported a substantial strengthening in July, according to the IHS Markit flash purchasing managers’ index that rose to 55.1, from 48.3 in June. The result exceeded the expectations of economists polled by Reuters, who had forecast a reading of 51.The index for manufacturing rose from 47.4 in June to 51.1 in July, and the composite PMI, an average of the two sectors, improved from 48.5 in the previous month to 54.8, above the 51.1 forecast by analysts.”, The Financial Times, July 24, 2020

France

“Disneyland Paris Is the Latest Disney Theme Park to Reopen Amid the Coronavirus Pandemic. Disneyland Paris welcomed guests back this week for the first time in months.”, Travel And Leisure magazine, July 16, 2020

Germany

“In Germany, the COVID-19 induced economic dive has led to a surge in Franchise leads by at least 50 percent; however, not all sectors are benefitting equally. There is massive interest for franchise systems that are doing well despite the downturn such as logistics brands InXpress or Mail Boxes Etc., security brand Signal 88 or care concept Home Instead. But buyers shun others, especially from the food, retail, fitness and wellness sectors out of fear of a second wave and another lockdown. “Candidates will be much more selective than in the past and will look at sectors that are COVID- and recession proof,” summarizes Franz-Josef Ebel, Managing Director of Master Franchise Germany.

“German cruise ship, Mein Schiff 2, sails with 1,200 people on board in first return voyage: Occupancy was limited to 60% so passengers can keep their distance. There were 1,200 people on board compared to the ship’s normal 2,900 capacity. The ship sailed from the port of Hamburg toward Norway, and passengers will spend the weekend at sea with no land stops before returning to Germany on Monday.”, USA Today, July 25, 2020

Italy

“It has been another important week for Lagardère Travel Retail Italia, which continues with the reopening of its stores around the country. Thanks to the collaboration of all the staff, we have achieved this new success, putting the safety of our employees and customers first. We are happy to celebrate these results once again, as we keep on looking into the future, working hard every day, to remain an important point of reference for Italians and international travelers.”, Lagardère, LinkedIn post, July 24, 2020

Japan

“Theme parks in Japan are telling visitors to ‘scream inside your heart’ — and it’s 2020 in a nutshell: As weird as this year has been, though, we didn’t see this new policy in Japan coming — namely, that you’ll have to “scream inside your heart” while riding roller coasters to stop the spread of COVID-19.”, The Points Guy, July 17, 2020

Mexico

“Mexico tightens coronavirus curbs in tourist spots, other pockets: The spread of the coronavirus has spurred Mexican authorities to impose local restrictions on mobility, commerce, and leisure, particularly in popular tourist destinations, even as the government seeks to revive the battered economy.”, Reuters, July 16, 2020

New Zealand

“There are lots of good things happening with business – new franchisors are preparing to break forth and multiple, and existing franchise systems are appointing new franchisees as many people are keen to own their own business and help shape their destiny….As a nation we should embrace the good things happening and not dwell on the negative – yes, there are escapees from hotels under isolation and that will continue, there are new cases of Covid but no community spread so far, and we live in NZ with our borders closed except for Kiwis returning from overseas.”, Extracted from a July 16, 2020 LinkedIn post by Stewart Germann, Germann Law Office, Auckland

Panama

Panama has delayed the process of reopening the economy due to the increase in Covid-19 cases. There are only two economic  sectors open out of six sectors . Restaurants were scheduled to open in June but because of the above reason, the entire opening process has been paused until an undetermined date. air travel suspended. Reopening of airport pending.”, Jose Enrique Tellez, Franchise and Business Consultant, Panama City

“Copa Airlines Pushes Back Restart for Fourth Time: The Panamanian carrier Copa Airlines was repeatedly forced to modify the restart date of regular operations. According to ALNNEWS, the Civil Aeronautical Authority (CAA), extended for the fourth time the suspension that weighs since March 22 on commercial aviation in Panama. Due to the suspension of flying until August 22, Copa Airlines reported that the new restart date would be September 5. With this new postponement, the 102 aircraft fleet will have been grounded for a total of 6 months.”, Airline Geeks, July 25, 2020

Saudi Arabia

The government is expected to restart travel to and from the Kingdom in August or September according to a Riyadh consulting firm.

 Spain

“Spain’s coronavirus epidemic is under control, government says: Spain’s coronavirus epidemic is under control, the (Spanish) foreign ministry said on Sunday, after the British government imposed a 14-day quarantine on all travellers returning from the Mediterranean country in response to a surge in new cases there. Hospitals are coping well with the increase in infections and more than half of new cases are asymptomatic, the ministry said, adding that outbreaks in Catalonia and Aragon should soon be brought under control.”, Reuters, July 26, 2020

South Africa

“After Early Success, South Africa Buckles Under Coronavirus Surge: Lauded in the early stages of the pandemic for taking decisive steps to limit Covid-19 infections, South Africa is now battling one of the world’s fastest-growing outbreaks that is overpowering hospitals and has caused a dramatic increase in deaths. Public schools, which partially reopened in early June, will close for four weeks starting Monday, as the country enters a peak-infection period that models suggest could stretch into September. Africa’s most developed economy now has confirmed 434,200 cases of Covid-19, the fifth-highest toll in the world behind the more-populous U.S., Brazil, India and Russia. ‘The coronavirus storm has indeed arrived,’ President Cyril Ramaphosa said Thursday, in his 11th address to the nation since the first case of coronavirus was identified in early March.”, The Wall Street Journal, July 26, 2020

United Kingdom

 “Retail sales rose by a better-than-expected 13.98 per cent month-on-month in June as they continued to recover after record falls at the height of the lockdown, according to data released this morning by the Office for National Statistics. City economists had forecast an 8 per cent rise. Jonathan Athow, from the ONS, said: “Retail continued to recover from the sharp falls seen in April, with overall sales now almost back to pre-pandemic levels.”, The Times of London, July 24, 2020

“Coronavirus: Gyms and swimming pools reopen in England as tourists are welcomed back to Wales: Indoor gyms, swimming pools, dance studios and leisure centres in England are allowed to reopen today for the first time in four months – but at least a third of public facilities are expected to remain shut due to financial hardship. Earlier this month, Culture Secretary Oliver Dowden announced that gyms and leisure centres would be able to reopen today, with strict hygiene and social-distancing measures.”, Sky News, July 25, 2020

“McDonald’s has announced plans to reopen hundreds of restaurants for dine-in services across the UK from this week. Last week, it was reported that the fast food chain was testing safety measures as it moved towards reopening dine-in restaurants in the near future. The firm has now stated that around 700 restaurants across the UK will be reopened for dine-in customers from Wednesday 22 July.”, The Independent, July 21, 2020

“Coronavirus: Heathrow packed as passengers turn up eight hours before flights: Concern grows as families prepare for big getaway this weekend. Air passengers are arriving up to eight hours before flights at Britain’s biggest airport, fuelling concerns over crowding in terminals. Passengers told of being packed in “like sardines” at Heathrow with claims that some were failing to wear facemasks or comply with one metre-plus social distancing rules.”, The Times of London, July 23, 2020

“Air passengers from commercial hotspots like New York, Singapore and Dubai could be made exempt from quarantine in bid to boost economy: Government is being urged to approve new ‘test-on-arrival’ scheme at airports. Would see all passengers tested and, if negative, avoid 14 days of quarantine. Hoped new scheme would encourage business travel and boost the UK economy.”, Daily Mail, July 25, 2020

United States (including Hawaii)

“Hawaii islands could allow visitors to quarantine in ‘resort bubbles’: Officials on three Hawaiian islands – Maui, Kauai, and the Big Island – are considering a plan to let tourists have a vacation-like experience while adhering to their 14-day quarantine. The concept is known as the “resort bubble,” and it would let visitors roam beyond their hotel rooms as long as they stay within a “geofence,” or within the confines of the property where they’re staying. The plan, which is still tentative, would be in effect for selected resorts..”, Business Insider, July 26, 2020

“American Airlines has flown more than its competitors during the pandemic, and it’s paying off: Faced with the worst crisis in airline history, American cut less of its schedule and did so at a slower pace than either Delta or United in March. But by April, it had decided to fly a more robust schedule for the upcoming summer, providing connectivity across the country that presumed ‘some recovery in demand,’ as American vice president of network planning Brian Znotins put it. Soon, American’s hubs in Charlotte (CLT) and Dallas/Fort Worth (DFW) were hopping once again. So much so that DFW was the busiest airport in the U.S. in May. There were even traveler complaints about crowded flights despite the airline never promising to block middle seats — even in the early days of the pandemic. Then, in a clear signal that America was ready to move again, more and more people kept buying plane tickets and flights filled up. So many people were buying seats that the carrier lifted what caps it had bookings even as competitors extended seat blocking measures saying they were needed to assure customers.”, The Points Guy, July 24, 2020

“Universal canceling Halloween Horror Nights because of virus: It’s hard to scare the bejesus out of someone in a haunted house while socially distancing, which may explain the decision by Universal to cancel its Halloween Horror Nights this year at its U.S. theme parks.”, ABC News, July 25, 2020

Articles About Doing Business in The Times Of COVID-19 and Beyond

 “Google to Keep Employees Home Until Summer 2021 Amid Coronavirus Pandemic: Search-engine giant pushes back return to normalcy. Google will keep its employees home until at least next July, making the search-engine giant the first major U.S. corporation to formalize such an extended timetable in the face of the coronavirus pandemic. The move will affect nearly all of the roughly 200,000 full-time and contract employees across Google parent Alphabet Inc., GOOG +0.92% and is sure to pressure other technology giants that have slated staff to return as soon as January.”, The Wall Street Journal, July 27,2020

 https://bit.ly/Googletokeepemployeeshome

 “COVID-19 and the great reset: Economic recovery depends on the return of the consumer—but shopping will never be the same. New McKinsey research considers the possibilities.”, McKinsey, July 23, 2020

https://bit.ly/COVIDbusinessreset

“5 charts that show the worst may be over for coronavirus and global trade: World trade fell steeply in the first half of 2020 as the COVID-19 pandemic hit. Government and central bank intervention helped stem the losses. World Trade Organization economists now say we have avoided the worst-case scenario. Risks to the outlook include a second wave of COVID‑19 or trade restrictions. The worst-case scenario for global trade in the wake of the COVID-19 pandemic has been avoided, according to economists from the World Trade Organization (WTO).,” World Economic Forum, July 15, 2020

https://bit.ly/WEFGlobalTradeRecovering

“How Retail Shopping and Eating Will Change as a Result of the Pandemic: Both the retail and restaurant markets have been in a constant state of evolution, responding to generational shifts, technological advancements… and now, Covid-19. Will shopping at retail stores ever be the same post–Covid-19? How about dining at retail stores? The incorporation of food into retail stores was on the rise before Covid-19 (partially owing to the emerging Millennial generation and their experiential preferences), and is now on pause with stores closing or limiting their customer capacity.”, Franchising.com, July 26, 2020

https://bit.ly/FranchisingcomHowRetailWillChange

“Patty power: The Economist’s Big Mac index: In foreign-exchange markets, 7 yuan will buy you a dollar. But 7 yuan stretches further in China than a dollar does in America. One example is the McDonald’s Big Mac hamburger. It costs about 21.70 yuan (US$3.10) in China and $5.71 in America, according to prices collected by The Economist. July 16, 2020

https://bit.ly/McDPattyPower

About US

Edwards Global Services, Inc. (EGS) provides a complete International solution for U.S. businesses Going Global. From initial global market research and country prioritization, to developing new international markets and providing operational support around the world. Our U.S. based executive team has experience living and working in many countries. Our Associate network on the ground overseas covers 40+ countries.

Founded in 2001, Edwards Global Services, Inc. (EGS) takes U.S. businesses global and currently has activity in 25 countries.  Our Clients are all consumer-faced brands.  Edwards Global Services, Inc. (EGS) has twice received the U.S. President’s Award for Export Excellence

Find out more about the services we provide U.S. companies Going Global at:   www.edwardsglobal.com

William Edwards has 46 years of international operations, development, executive and entrepreneurial experience and has lived in 7 countries.   With experience in the franchise, oil and gas, information technology and management consulting sectors, he has directed projects on-site in Alaska, Asia, Europe and the Middle and Near East.

Mr. Edwards was named to the District Export Council of Southern California by the U.S. Secretary of Commerce in 2016 and again in 2019.

William Edwards, CFE, is CEO and Global Advisor to Chief Executives, of Edwards Global Services (EGS). Contact Bill at bedwards@edwardsglobal.com or +1 949 224 3896.

 


EGS Biweekly Global Business Newsletter Issue 8, Monday, July 13, 2020

By William (Bill) Edwards, CEO of Edwards Global Services, Inc. (EGS)

“Risk comes from not knowing what you are doing.” – Warren Buffett

“I don’t think of all the misery, but of the beauty that still remains.” – Anne Frank

“Hope is a renewable option: If you run out of it at the end of the day, you get to start over in the morning.” – Barbara Kingsolver, Novelist

Introduction

The goal of this biweekly newsletter is to update the economic and business situation in key trading countries across the world. In our business, we monitor 30+ countries, 25 daily international information sources and six business sectors to keep up with what is going on in this ever-changing environment. Our team on the ground covers 43 countries and provides us with updates about what is happening in their specific countries.

Although we search for pertinent articles for this newsletter every day, this edition is mainly made of very recent articles due to the very rapidly changing COVID-19 case and travel situation worldwide.

Many of our newsletter readers send us their input and perspectives to help us publish a balanced overview about the world every other week. Our contact information is at the bottom of this newsletter.

Highlights In This Issue

This issue focuses on what is happening in 20 countries that impact consumer spending, business investment and travel. A few highlights:

⦁ COVID-19 has re-emerged in several countries causing governments to curtail business openings and add travel restrictions

⦁ “COVID-19 Travel and Tourism Reopening and Recovery Guidelines”, The U.S. Commercial Services has provided us with an extensive and detailed 44 Greater Europe country and territory reopening and recovery guidelines document

⦁ Disneyworld in Orlando, Florida and LEGOLAND near San Diego, California reopened

⦁ The UK government is investing £500 million next month to give diners 50% off meals at local restaurants

⦁ Melbourne, Australis is back on a 6 week lockdown

⦁ “Accelerating Recovery With Innovation – 5 Things to Keep in Mind’, there is link to this important coming out of COVID-19 article on by innovating efficiently and effectively near the end of this newsletter.

How Will the Global Economy be Different After COVID-19?

“Many trends already underway in the global economy are being accelerated by COVID-19, and even after the pandemic, may never fully return to their previous trajectories.” This excellent webinar brings together, Gillian Tett, Chair of Editorial Board and Editor-at-Large, US, Financial Times, Mohamed El-Erian, Chief Economic Advisor, Allianz and James Manyika, Senior Partner, McKinsey & Company and Chairman and Director, McKinsey Global Institute. Click on the link below to access this timely YouTube webinar.

https://bit.ly/WAGlobalEconomy

International Travel Updates

“COVID-19 Travel and Tourism Reopening and Recovery Guidelines”, The U.S. Commercial Service posts in Greater Europe have produced an extensive and detailed 44 Greater Europe country and territory reopening and recovery guidelines document as of early July which can be accessed at this link:

https://bit.ly/2C0nrqa

“United Airlines adding about 25,000 flights in August, including Denver routes: United Airlines is adding nearly 25,000 domestic and international flights in August as travel demand slowly starts to pick up, although the number of flights is down 40% from where it was last year. The Chicago-based airline said its schedule for August is triple the number of flights it had in June, but travel demand remains “a fraction” of what it was at the end of 2019.”, Denver Business Journal July 1, 2020

“Why I believe we need to start traveling internationally again: A few days ago, in an interview on Irish radio, I made an argument in favor of renewing foreign travel. I talked about how the travel industry had cranked the gears and was cautiously coming back to life after months of mothballed inactivity. How Europe was open to visitors from other European countries. How Ryanair, Europe’s largest airline, had ramped up its schedule from July 1 and was now flying 1000 flights a day – less than half of the 2400 flights it operates normally but still a combative expression of optimism in the face of a crisis without parallel in our lifetimes.”, Lonely Planet, July 10, 2020 Read the full article at this link:

https://bit.ly/LPTravelInternationallyAgain

“American Airlines Delays Resuming Hong Kong Flights Over Mandatory Coronavirus Testing: American Airlines Group Inc said on Thursday it delayed flights to Hong Kong, a day after the city introduced mandatory virus tests for all arriving crew members. Airline crew were previously exempted from tests and quarantine obligations in Hong Kong, but a recent surge in COVID-19 cases in the city prompted its health chiefs to introduce stricter measures to combat rising concerns of a community outbreak. “Starting July 8, crew members of aircrafts entering Hong Kong via the Hong Kong International Airport will be subject to mandatory COVID-19 testing…in addition to a 14-day medical surveillance,” a spokesman for Hong Kong’s Department of Health said in an email to Reuters.”, Skift, July 9, 2020

“Emirates Adds Covid-19 Testing Requirement For 12 Countries: If you’re hoping to jet off on Emirates, you may soon need a negative covid-19 PCR test, or risk denied boarding, wherever your final destination may be. In fact, if you’re traveling from one of 12 countries, you absolutely will, and it’ll be at your own expense. Travelers originating from 12 countries will be subject to the new rules effective July 10th, 2020 in an effort to keep active covid-19 cases off of planes, and restore confidence to the skies. Recent negative covid-19 tests taken within 96 hours of departure will be mandatory.”, godsavethepoints.com, July 12, 2020

“EU travel unity unravels into confusion of border controls: European Union countries and their open border neighbours were supposed to ease restrictions in unison in mid-June and then start allowing non-EU visitors in this month. However, the coordinated opening agreed by ambassadors last week has started to unravel, with a patchwork of widely differing rules and countries going it alone with new controls. One senior EU diplomat said the issue was extremely difficult because the situation was unprecedented and dynamic, saying: “It’s learning by doing, and it is a moving target.”, Reuters, July 10, 2020

“Lufthansa, Austrian and Qatar announce more flights: For Lufthansa, that means thrice-weekly service between Frankfurt and both Boston and Los Angeles beginning Thursday. Frequencies on those routes will increase to five times weekly in August and to daily flights in September. Austrian, for its part, resumed three-times weekly service from Vienna to Washington, Chicago and Newark on July 1 according to Tal Mescal, a Lufthansa Group spokesman. Meanwhile in the Middle East, Qatar announced a resumption of service to 11 destinations beginning Wednesday, including Boston, Los Angeles and Washington. On July 4, the airline will also begin flying to Toronto for the first time with thrice-weekly service.”, The Points Guy, July 1, 2020

The Americas

“The continued shutdown of Latin America and Caribbean is hurting regional airlines: With COVID-19 infections accelerating, the majority of Latin America and Caribbean countries still closed to commercial travel, and Europe imposing travel restrictions, the tourism and aviation industry risks losing millions of jobs and seeing more airlines filing bankruptcy, two leading industry organizations say. On Thursday, the International Air Transport Association and the World Travel & Tourism Council called on regional governments not to abandon the airline industry in the midst of the global coronavirus pandemic. They also reiterated demands for financial support for regional carriers, and clear restart dates for commercial travel from regional governments. ‘We need governments to support and strengthen the restart by quickly implementing the International Civil Aviation Organization’s global guidelines for restoring air connectivity,’ said Alexandre de Juniac, director general and CEO of International Air Transport Association.”, Miami Herald, July 10, 2020

Australia

“Westfield owner Scentre Group said it has seen a lift in customer visitation across its shopping centres. Over the weekend, despite some businesses still being restricted from operating as usual, customer visitation in Westfield shopping centres across the country returned to 86 per cent of what it was at the same time last year. In some centres, daytime visitation, which is 10am to 4pm, was back to 90 per cent of what it was compared with the same period last year. Night-time visitation is expected to lift throughout July as entertainment and leisure options open up.”, Inside Retail Australia, June 30, 2020. Contribute by Jason Gehrke, Managing Director, The Franchise Advisory Centre, Brisbane.

“Australia places Melbourne under 6-week coronavirus lockdown: Authorities to reimpose measures after rise in new Covid-19 cases: Australian authorities will reimpose a lockdown on Melbourne to contain a rise in coronavirus cases, reversing recent measures to relax restrictions in a country that was seen a leader in managing the pandemic….People will be allowed to leave their homes to buy essential items, such as groceries, or for exercise, medical care or work. Restaurants and cafés, which had begun to reopen with social distancing measures in place, will now only be allowed to service takeaway food and drinks.”, The Financial Times, July 7, 2020

“Qantas Halts International Service Until 2021: In the past few days, QF has removed inventory on all international flights [aside from New Zealand] through March 28, 2021. While the flights have not yet been formally canceled, a removal of inventory is almost always followed by a cancelation.”, Airwaysmag.com, July 11, 2020

Brazil

“Rio de Janeiro Beaches Will Remain Closed Until There’s a Vaccine: Rio’s mayor has rolled back June reopenings. This announcement follows a series of reopening measures—and subsequent rollbacks—that have taken place in a matter of weeks within the city. In June, Rio de Janeiro beaches opened after months during which residents were completely forbidden from stepping on the sand. But the quick amassing of crowds, as reported by the Financial Times, led to a July 2 move in which the local government forbade citizens from sunbathing and restricted beach activity to exercise.:, CNN Traveler, July 10, 2020

Croatia

“Croatia makes face masks compulsory in public indoor spaces: Croatia said on Saturday that wearing face masks will be obligatory in most closed public spaces from next week as the number of COVID-19 cases keeps rising. The number of new infections reached 140 on Saturday, the highest recorded so far in a single day. Most cases are in the capital Zagreb and in east of the country.”, Reuters, July 11, 2020

Mainland China

“Coronavirus: Beijing’s economic recovery from June outbreak offers hope ahead of China GDP release: The sight of more than a dozen patrons sitting on stools outside a popular barbecue restaurant on Beijing’s famous Gui Jie food street waiting to be seated is not only good for China’s services industry, but also offers hopes that it can maintain a delicate balance between containing the coronavirus and growing its economy. This typical scene on a normal Wednesday evening would have been unthinkable last month when the street lived up to the literal translation of its name, ghost street, after an outbreak of coronavirus originating from the Xinfadi wholesale food market sprang up in Beijing.”, South China Morning Post, July 10, 2020

France

“Eiffel Tower’s terrace reopens for post-pandemic partying: Visitors to the Eiffel Tower can once more enjoy a drink and even dance on its summer terrace, which opened this week to stunning views of Paris under a warm, blue sky. The tower shut in mid-March due to the coronavirus outbreak, its longest period out of action since World War Two, but re-opened to the public on June 25.”, Reuters, July 10, 2020

Germany

“German experience gives hope for pub reopening, says Mitchells & Butlers: Mitchells & Butlers is hoping that its business in Germany provides a pointer to how trading will be in the UK as it prepares to reopen the majority of its pubs and restaurants to paying customers this weekend. The All Bar One and Harvester operator has about 44 bar-restaurants across Germany under the Alex brand and it reported that sales levels had grown each week since reopening in mid to late May.”, The Times Of London, July 2, 2020

Hungary

“Hungary Imposes Quarantines on Arriving Citizens and Other Travelers: Hungary has imposed new restrictions on cross-border travel as of next Wednesday in order to prevent the spread of the coronavirus after a surge in new cases in several countries, Prime Minister Viktor Orban’s chief of staff said on Sunday. Hungary lifted most of its lockdown restrictions in May and opened its borders to travellers from European Union states and neighbouring non-EU members. On Sunday, Gergely Gulyas told an online news conference that new restrictions were needed to keep the coronavirus ‘outside the borders’ in order to avoid the re-introduction of domestic lockdown measures.”, Skift, July 12, 2020

India

“India reimposes lockdowns as coronavirus cases soar: India is set to reinstate mandatory lockdowns for cities as medical facilities across the country are strained due to a recent surge in new coronavirus infections, The New York Times reports. India’s total case count rose to the third highest in the world this week, with more than 820,000 confirmed infections and 22,123 deaths, according to Johns Hopkins University data.”, Axios, July 11, 2020

“India Extends Blanket Ban for International Flights: DGCA, the Indian Directorate of Civil Aviation, announced today the renewal of the blanket ban of all international flights to and from India. The ban is valid until 23:59 on July 31; however, according to DGCA, there is some talking regarding the possibility of “bubble flights” taking place from Europe, Canada, the US, and the Gulf States.”, Airways Magazine, July 3, 2020

Indonesia

“Garuda Indonesia Set to Launch Nonstop Flight to Bali from U.S., France and India: The Indonesian flag carrier Garuda Indonesia is slated to launch nonstop flights from Los Angeles, San Francisco, Paris, New Delhi and Mumbai to the country’s tourism hotspot Bali. The plan was unveiled after the Governor of Bali announced on Monday that the island would open its doors to international tourists as of Sept. 11, 2020.”, Airline Geeks, July 8, 2020

Ireland

“Ireland launches COVID-19 app using Apple and Google’s technology: Ireland is the latest country to use Apple and Google’s Exposure Notification API. Users who download the app will be able to track symptoms, anonymously warn others if they have tested positive, and be alerted if they have been exposed to someone with the virus.”, iMore.com, July 6, 2020

Japan

“Tokyo shopkeepers brace for another slowdown as coronavirus flares: Two straight days of record novel coronavirus infections in the Japanese capital have dashed shopkeepers’ hopes that business can get back to normal any time soon.”. Reuters, July 10, 2020

“Government statistics shows 85 percent of companies in the Japanese retail industry stated that they experienced some level of setback from COVID 19 – pandemic on their activities and if include those companies who thinks they may have some impact in the future, close to 97 percent of the companies have been impacted.  In June, the government allowed Vietnam and Taiwan to resume flights between the two countries.
Japan has started negotiations to relaunch business travel between ten additional Asian countries including China and South Korea as first step followed by Brunei, Cambodia, Laos, Malaysia , Myanmar and Singapore.

Tokyo Disneyland reopened with social distancing as has Professional Baseball with fans admitted on a limited basis.  Theaters, Professional Soccer League, Sumo Wrestling are also reopening.  The majority of restaurants are re-opening while emphasizing the social distancing measures. The government has allowed bars to open. Many restaurants are reopening with caution and with limiting seating and opening hours as customers retain wary.”, Ichiro (Roy)Fujita, President, I. Fujita International, Tokyo and Torrance, California

“Japan Domestic Demand Increases, Full Recovery Expected by October: According to local media, Japan Airlines is expecting a full recovery of its domestic demand as early as this October following the diminished demand caused by the coronavirus crisis. ‘We expect to recover to 80 percent in August and fully operate in line with our normal schedule around October,’ Shunsuke Honda, an executive officer of Japan Airline said. He mentioned that the country is seeing a surge in travel demand since recent travel restrictions were lifted. In response to a slight uptick in COVID-19 cases in Tokyo in recent weeks, Honda believes the airline can increase the number of flights it operates or use larger aircraft to avoid fully booked flights.”, Airline Geeks, July 7, 2020

“Tokyo Disney reopens, sending Mickey Mouse fans ‘over the moon: Tokyo Disney Resort welcomed visitors on Wednesday for the first time in four months after being closed due to the coronavirus, with fans practicing social distance as they returned to see Mickey Mouse and other beloved characters. Visitors in face masks queuing on floor marks clapped as the gates of the Magic Kingdom reopened, and were encouraged to clean hands, pay without cash and avoid screaming while enjoying one of Japan’s largest theme parks. The resort will operate at a 50% capacity for the foreseeable future, while parades and shows remain suspended. “, Fox Business, July 1, 2020

New Zealand

“Air New Zealand Pauses New Bookings to Ease Burden on Quarantine Facilities: New Zealand said on Tuesday its national airline will not take new bookings for three weeks as the country looks to limit the number of citizens returning home to reduce the burden on overflowing quarantine facilities. As the Covid-19 pandemic worsens globally, thousands of New Zealanders are returning to South Pacific nation, which is among a handful of countries to have contained the coronavirus, reopened its economy and restored pre-pandemic normalcy. Bookings on Air New Zealand flights will be managed to ensure the government can safely place citizens into managed isolation facilities, Housing Minister Megan Woods said in a statement.”, Skift, July 7, 2020

Norway

“Norway lifts many European travel curbs, including parts of Sweden: Norway will lift travel restrictions to and from more than 20 European countries from July 15, including France, Germany and Britain as well as three of the 21 provinces of neighbouring Sweden, the government said on Friday. Norway, which is not a member of the European Union but belongs to the passport-free Schengen Area travel zone, currently has some of Europe’s strictest limitations on travel due to the coronavirus pandemic.”, Reuters, July 10, 2020

Sweden

“As Swedish Travel Impossible, Passports Exchanged for Burgers: Sweden’s passport was considered one of the world’s most powerful, but since its handling of Covid-19, Swedish travelers–unlike their neighbours–face severe travel restrictions, rendering passports ineffective. Now Burger King has seized the opportunity and is offering Swedish citizens the chance to exchange a stamp in their passports for up to five free burgers per person.”, Forbes, July 10, 2020

Thailand

“What an amazing time for the SSP Thailand team, with 14 restaurants opened in the past 14 days throughout Thailand. Suvarnabhumi Airport – Camden Foods, Don Mueang Airport – Burger King, Camden Foods, Bill Bentley, Dairy Queen, Noodle Express, Yentafo, Chang Mai – Dairy Queen, Had Yai – Ritazza Café.”, Shane Beyer, Managing Director, South East Asia, SSP, in a LinkedIn post on July 9,2020

https://bit.ly/LagardereThailand

“Thailand plans to set up an centre to help revitalise an economy hit by the coronavirus outbreak and is considering more relief measures for small businesses, government officials said on Friday. The government plans to extend debt moratoria for small-and medium sized enterprises (SMEs) from October as the pandemic is likely to continue for a while…”, Reuters, July 10, 2020

Turkey

“Turkey is open for tourists: Everything you need to know: s of June 11, Turkey’s international borders are open for travelers from a number of countries, including the U.S. All travelers must wear masks in the airport and onboard flights inbound for Turkey, according to the Directorate General of Civil Aviation. Travelers who show signs of COVID-19 including but not limited to fever, runny nose, cough or respiratory distress will not be allowed to board flights or enter the country. Upon arrival, travelers will be asked to fill out a passenger information form and undergo medical screenings for infection, and anyone showing symptoms upon arrival will be tested for coronavirus. Anyone who tests positive will be referred to a Turkish hospital for quarantine and treatment.”, The Points Guy, July 3, 2020

United Kingdom

“Britain’s coronavirus quarantine rules end for many destinations: Quarantine measures for those travelling to Britain from around 70 countries and overseas territories, including France and Italy, no longer apply from Friday in a boost to the ailing aviation and travel industries hit by COVID-19. Those arriving from higher-risk countries will still have to self-quarantine for 14 days but many popular destinations are now exempt, meaning millions of Britons are able to take summer holidays without having to stay at home when they return.”, Reuters, July 10, 2020

“Gyms, pools and beauty salons to start reopening in days: Gyms, swimming pools and leisure centres will reopen from July 25 and nail bars and beauty salons from Monday, the government has announced. “Normal life is slowly returning,” Oliver Dowden, the culture secretary, said as he disclosed that outdoor swimming pools would be allowed to reopen from tomorrow and indoor gyms, pools and leisure facilities a fortnight later.”, The Times Of London, July 10, 2020

“Diners to get half-price discounts on eating out: Diners are to be given half-price discounts on eating out through an innovative government scheme to fill up restaurants. An estimated £500 million of taxpayers’ money will be used to subsidise food next month, with pubs, cafés and other venues also covered.”, The Sunday Times, July 9, 2020

“London Heathrow Airport Could Start Offering COVID-19 Testing Upon Arrival — What to Know: Testing would especially be helpful for travelers coming from a country not in the UK’s “travel corridor. The test would be the same type of saliva swab test currently used by the National Health Service (NHS) and would be the first testing trial at a UK airport, pending government approval. It would be especially available for travelers coming from countries that are not the UK’s “travel corridor” that was established last week. If approved by the government, testing would be available as a private service for anyone with a flight landing in Heathrow’s Terminal 2, according to a press release. The program, entitled “Test-on-Arrival,” was developed by Swissport International, a ground and cargo handling service, and Collinson Group, which owns Priority Pass.”, Gravel and Leisure Magazine, July 7, 2020

United States

“Disney World Reopens With Masks and Without Lines: Hugging Mickey Mouse and Goofy is off limits; instead they wave from afar. Other Disney characters moseyed through Walt Disney World mounted on horses, guided by masked escorts on foot. Disney World’s two main parks, Magic Kingdom and Animal Kingdom, officially reopened Saturday at a significantly reduced capacity following a sneak peek for some annual passholders Thursday and Friday.”, The Wall Street Journal, July 11, 2020

CNBC has published 5 charts showing U.S. economic trends during the coronavirus pandemic. CNBC, July 12, 2020

https://bit.ly/CNBCUSCharts

“New York City’s Restaurants Are All In on Outdoors: Pandemic keeps clamps on indoor dining, so restaurant owners make the most of sidewalks, streets and parking lots. Outdoor seating is proving to be a critical but tenuous lifeline for New York City restaurants since Gov. Andrew Cuomo indefinitely postponed the reopening of indoor dining in the city over coronavirus concerns. More than 7,900 restaurants across the five boroughs have been approved for the city’s Open Restaurants program, which began June 22 and temporarily allows more expansive sidewalk and roadway seating than was permitted before the pandemic.”. The Wall Street Journal, July 12, 2020

“Legoland CA Hotel to officially reopen on July 17, 2020: As guests and employees’ health and safety remain the top priority at LEGOLAND California Resort, guests will experience some differences at the Hotel including reduced capacity, cashless payments, social distancing practices and enhanced cleaning regimes. Face coverings will be required for all guests three years of age and up as well as all hotel staff members.’, socalthrills.com, July 11, 2020

“Last call: Las Vegas to shut bars down again Friday night to thwart coronavirus spike: Bars are returning to Phase 1 restrictions under the state’s reopening plans at 11:59 p.m., PDT meaning those without food have to close except for curbside pick up where applicable. Nevada is the latest in a series of states to pause or rollback reopening plans. Restaurants must close their bar areas, even if they have tabletop video gaming machines, and can no longer serve parties larger than six people inside. Restaurants can still serve alcohol but for now, you can’t grab a drink at the bar while you wait for your table.”, USA Today, July 10, 2020

“Starbucks Latest Retailer Requiring Customers To Wear Masks: Coffee behemoth Starbucks said Thursday that it will require customers to wear masks inside their stores beginning next week, becoming the latest retailer to require the face coverings that have become a political hot button as the coronavirus pandemic rages through the U.S.”, Forbes, July 9, 2020

“The Latest Consumer Restaurant Trends & Insights from Black Box Consumer Intelligence: Black Box Intelligence continues to provide its regular updates detailing the current impact of the Covid-19 pandemic on the restaurant industry. Here are some key consumer insights from the company as of the end of June can be found at this link to the Franchising.com website:

https://bit.ly/LatestRestuarantTrends

Vietnam

“Emerging from the pandemic, Vietnam must position itself for recovery: Hailed as one of the 11 outperformers among emerging economies, Vietnam is among the first countries to fully reopen its domestic economy.”, McKinsey & Co, July 1, 2020

https://bit.ly/VietnamEmerging

Articles About Doing Business in The Times Of COVID-19 and Beyond

Accelerating Recovery With Innovation – 5 Things to Keep in Mind by The EdgeDweller innovation group.

https://bit.ly/EDRecoveryInnovation

“What Does 1GB of Mobile Data Cost in Every Country?”, Visual Capitalist, July 3, 2020. This is important for when we can travel internationally again.

https://bit.ly/VCiGBDataCost

“What’s Next: The Future of Retail After Covid-19” by Pat Harriman, Franchising.com, July 3, 2020 at this link:

https://bit.ly/FranhisingcomFutureRetail

About US

Edwards Global Services, Inc. (EGS) provides a complete International solution for U.S. businesses Going Global. From initial global market research and country prioritization, to developing new international markets and providing operational support around the world. Our U.S. based executive team has experience living and working in many countries. Our Associate network on the ground overseas covers 40+ countries.

Founded in 2001, Edwards Global Services, Inc. (EGS) takes U.S. businesses global and currently has activity in 25 countries. Our Clients are all consumer-faced brands. Edwards Global Services, Inc. (EGS) has twice received the U.S. President’s Award for Export Excellence

EGS is known for our extensive country, cultural and sector research and publications, including our quarterly GlobalVue™ country ranking chart which can be found at the following link.

https://bit.ly/EGSGV0520

Find out more about the services we provide U.S. companies Going Global at: www.edwardsglobal.com

William Edwards has 46 years of international operations, development, executive and entrepreneurial experience and has lived in 7 countries. With experience in the franchise, oil and gas, information technology and management consulting sectors, he has directed projects on-site in Alaska, Asia, Europe and the Middle and Near East.

Mr. Edwards was named to the District Export Council of Southern California by the U.S. Secretary of Commerce in 2016 and again in 2019.

William Edwards, CFE, is CEO and Global Advisor to Chief Executives, of Edwards Global Services (EGS). Contact Bill at bedwards@edwardsglobal.com or +1 949 224 3896.


EGS Biweekly Global Business Newsletter Issue 7, Monday, June 29, 2020

By William (Bill) Edwards, CEO of Edwards Global Services, Inc. (EGS)

“Positive thinking will let you do everything better than negative thinking will.” — Zig Ziglar, An American author, salesman, and motivational speaker.

“I’ve always believed that you can think positive just as well as you can think negative.” — James Baldwin

“Perpetual optimism is a force multiplier.” — Colin Powell

 Introduction

The goal of this newsletter is to provide an update on the economic and business situation around the world. We monitor 30+ countries, 25 daily international information sources and six business sectors to keep up with what is going on in this ever-changing environment. Our team on the ground covers 43 countries and provides us with updates about what is happening in their specific countries.

Several newsletter readers have asked what our company has been doing during the COVID-19 crisis. We are currently working with U.S. franchisors in the auto service, education, fitness, F&B, senior care and other service sectors, expanding their brands into new global markets. Since March 2020 we have kept in touch with existing Client licensee candidates in Australia, China, Italy, the Philippines, Spain, Thailand and the United Kingdom. We have increased our market research and market intelligence efforts, using our on-the-ground team covering 43 countries. We are able to provide in-country Mystery Shopper services, as well as unit franchise audits using our in-country Associates.

Many of our newsletter readers send us their input and perspectives to help us publish a balanced overview about the world every other week.  Our contact information is at the bottom of this newsletter.

Highlights In This Issue

This issue focuses on what is happening in 20+ countries that impact consumer spending, business investment and travel. A few highlights:

  • At the request of several international readers, we are also including updates on what is happening in the U.S., while staying far away from politics.
  • See the important multi-sector report from McKinsey on the COVID-19 Implications for business and download the excellent telecommuting infographic during the COVID-19 crisis near the end of this newsletter.
  • A global analysis of the impact of COVID-19 on franchising is also included by John Wiley and Sons legal firm under the Brazil entry.
  • Saudi Arabia will limit the annual Hajj to 1,000 pilgrims, down from the normal more than 2 million who attend in one year.
  • The return to international air travel remains spotty and restricted as international airlines slowly start adding cross border flights.

The coronavirus effect on global economic sentiment

“Since early April, a growing number of businesses and governments around the world have begun to reopen, ushering in a new—if tenuous—phase of the coronavirus situation. Likewise, the results from our latest McKinsey Global Survey on the economy (conducted from May 4 to May 8, 2020) point to an and increased growth rates in the months ahead The online survey.….. garnered responses from 2,514 participants representing the full range of regions, industries, company sizes, functional specialties, and tenures.”, McKinsey report, June 2020

International Travel Updates

“How To Safely Fly On An Airplane: Airlines have stepped up cleaning and social distancing measures at the airport and on the plane. Travelers should bring a mask and check with their carrier for new policies on seat assignment, boarding, and food and beverage service on the plane. Pro tip: Open the air vent above your seat.”, Chelsey Zhu, Forbes, June 26, 2020

https://bit.ly/ForbesSafleyFlying

“Europe Travel: US Banned, But Here’s 54 Countries Who Can Visit: Americans remain banned from Europe travel as the EU opens its borders to international tourism in July. A draft list of 54 low-risk Covid-19 countries to be welcome includes Australia, Canada and Costa Rica. The US along with Brazil, Russia and Qatar are not included.”, Forbes, June 28, 2020

“Asia-Pacific makes a tentative return to international travel: Asia will embark on an ultra-cautious return to international travel when about 440 Japanese businesspeople will take “exceptional” flights to Vietnam over the next three days. According to officials involved in the negotiations, countries such as Thailand, Vietnam, Japan, Australia and New Zealand are struggling to agree on broader rules for travel as they try to protect the advances they made in controlling coronavirus.”, The Financial Times, June 24, 2020

“With travel restrictions set to be lifted, sales of air tickets are rocketing: The rush to the beach is back on after the government allowed summer holidays to go ahead, with travel operators seeing an explosion in bookings in the past 24 hours. Demand was so high that the Eurotunnel website crashed briefly yesterday, with the channel tunnel operator reporting three times the usual level of bookings for this day of the year. Ministers are expected to announce this week the opening of quarantine-free “air corridors” to at least 15 countries including Spain, France, Italy, Greece, Germany and Croatia from July 6.”, The Times of London, June 28, 2020

“Turkish Airlines (TK) has announced the restart of flights to the U.S. The announcement comes just days after international flights were resumed to some destinations within the North American country. All destinations will be operated with three weekly flights, with the exception of New York, which will be served with five weekly flights. The airline will increase the number of services to 24 per week during July.”, Airways magazine, June 22, 2020

“EasyJet Returns Route Network To 75% Of Capacity Amidst Coronavirus Recovery: One of Europe’s largest low cost carriers is scaling up its route network and capacity as passenger traffic returns to the continent.”, Forbes, June 27, 2020

A new global dining Trend, post-COVID-19?

“First Paris, soon London, what of Hong Kong? Outdoor dining expands after the Covid-19 lockdown, and for the French the change could be here to stay. Paris has brought in temporary rules allowing bistros and cafes to extend their pavement terraces to help them recoup earnings after a coronavirus lockdown. Outdoor seating has taken over car parks and whole streets. A Parisian restaurateur until recently in Hong Kong says city could allow more al fresco dining too.”, South China Morning Post

https://bit.ly/SCMPOutdoorDining

Australia

 “The foodservice, gym, yoga, and personal services like hair and beauty, spas and retail businesses were effectively shut down by Government direction and the population was advised to stay isolated at home.  Working from home was widely adopted and printer sales went through the roof.

Australia’s borders were shut and every arrival required to pay for 14 days of isolation in a government allocated hotel secured by the armed services. Only supermarkets were open and enjoyed record online and in-store sales. City streets were deserted and offices, schools, childcare and shopping centres were closed.

Money formerly spent on travel and dining out was diverted to online entertainment and home improvements as families worked and cocooned at home. Home delivery skyrocketed with fast food and restaurant home delivery increasing by 100 to 150% while eat-in was completely banned.

The imposition of a lockdown has contained the virus and the number of cases detected from mass testing is less than 80 per day Australia-wide with the southern State of Victoria responsible for 80% of new cases detected over the last week of June as restaurants and bars and family gatherings contributing to a small spike in detected Covid cases as restrictions lifted since early June. From early June the economy has slowly reopened, kids are back at school and day care and franchise and economic activity is picking up.

About 1 million people (about 10% of the workforce) are on the government-funded JobSeeker unemployment benefit program which is providing another form of economic stimulus. This widespread Government support will continue to the end of September where it is likely that while some sectors will lose these grants at that time, a new suite of stimulus initiatives are expected to continue to provide liquidity into Christmas and the New Year.”, Rod Young, Chairman, DC Strategy Group, Melbourne and Sydney

 “A number of large Australia retailers are refusing to re-open marginal stores while rent relief negotiations remain unresolved, according to a media report. Despite an increase in consumer spending and foot traffic at shopping centres, and an easing of COVID-19 restrictions, chains such as Sussan Group which operates Sussan and Sportsgirl are keeping a significant number of stores closed and are trading on reduced hours at others.”, news.com.au, compliments of Jason Gehrke, Managing Director, Franchise Advisory Centre, Brisbane

Bahrain

“Bahrain’s government said on Monday it would pay 50% of salaries for private company workers in sectors that were hard-hit by the coronavirus pandemic, state news agency BNA reported. The new payments would start in July, BNA said, adding that the government would extend its assistance to Bahraini citizens by also paying electricity and water bills. Bahrain had said it was spending $570 million on paying salaries to all 100,000 of its citizens employed in the private sector from April to June to help soften the economic blow from the coronavirus outbreak.”, Reuters, June 29, 2020

 Belgium

 “Belgium to reopen pools, cinemas, theme parks from July: Belgium will further ease coronavirus lockdown restrictions on July 1, allowing swimming pools, theme parks and party venues to reopen, Prime Minister Sophie Wilmes said on Wednesday, although social distancing measures will remain.”, Reuters, June 24, 2020

Brazil

 “The impact of COVID ‐19 on franchising in emerging markets: An example from Brazil”, a detailed global COVID-19 impact report on franchising from John Wiley and Sons legal firm, USA

https://bit.ly/WileyGlobalFranchiseImpact

Cambodia

“Cambodia’s New Tourism Rules Include $3,000 Entry Deposit to Cover Coronavirus Costs: Like many nations, Cambodia is figuring out just what its tourism future looks like in a world dealing with coronavirus. But, rather than limit guests or ban tourism altogether, it came up with a new idea. And that new idea includes travelers plunking down a $3,000 travel deposit before entering the country to cover any coronavirus-related costs while you’re there.”, Travel And Leisure magazine, June 22, 2020

Canada

“Air travel is about to go through its biggest transformation since 9/11 — and passengers will pay for it. Reopening Canada: ‘Faster, cleaner’ experience could include facial scans so passengers can glide through airports in less time.”, Financial News

https://bit.ly/FNAirTravelTrasnformation

Mainland China

“China starts reconnecting to the world by air as pandemic eases: Travelers in Europe and New Zealand will find more China options as airlines resume scheduled service after Chinese regulators relaxed strict, months-long restrictions amid the Covid-19 pandemic.

Deutsche Lufthansa AG, the largest German airline, Wednesday operated its first scheduled passenger flight since January after obtaining approval from Chinese regulators to resume services. The weekly flight took off from Frankfurt Wednesday afternoon to land at Pudong International Airport in Shanghai Thursday noon local time. A return flight was to depart from Shanghai the next day. Lufthansa is among four European airlines approved to resume passenger services to China over the past week. Air New Zealand restarted weekly passenger services linking Auckland and Shanghai. American carriers Delta Air Lines Inc. and United Airlines Inc. also received approval to resume flights to China.”, Caixin, June 26, 2020

“International airlines are starting to resume flights to China after a loosening of aviation restrictions brought in as part of the country’s response to the Covid-19 pandemic. Lufthansa, part of Europe’s largest airline group, restarted flights to the mainland this week, flying once a week between Frankfurt and Shanghai in the first regular scheduled flights operated by the German carrier since the pandemic began. United Airlines will resume its route between San Francisco and Shanghai, via Seoul, beginning July 8, according to a company statement, while fellow US carrier Delta Air Lines restarted its China flights this week with twice-weekly trips into Shanghai.”, South China Morning Post, June 27, 2020

Colombia

“Colombia’s lockdown to curb the spread of coronavirus will continue until July 15, President Ivan Duque said in a nightly broadcast on Tuesday. ‘The current conditions of obligatory isolation, where we are returning to productivity and moving towards the re-opening of businesses, will continue as they are today until July 15,’ Duque said.”, Reuters, June 23, 2020

Hungary

 “The Hungarian government has lifted almost all the restrictions for Hungarian citizens with regards to the COVID-19 virus. Shop, restaurants, companies, government offices are open, although they have to ensure social distancing, and people have to wear face masks in public places (e.g. shopping malls, customer service offices, etc.). Certain travel limitations still apply: in general, EU citizens can enter Hungary without restrictions, and people from Japan and South Korea can enter for justified business purposes. People from other countries (e.g. US, Canada, etc.) can only enter if they file an exemption request with the Hungarian authorities – once it’s approved, they can travel to Hungary. Unfortunately, the request can only be submitted in Hungarian – for assistance, please do not hesitate to contact us at any time. For more information about the regulations, please visit the website of the Hungarian Consular Service at https://konzuliszolgalat.kormany.hu/information-on-hungarian-entry-requirements-due-to-covid-19-situation.”, Gabor Kaczmarczyk, Your Concierge, Budapest

India

“While rules differ in each state, guidelines released by the Ministry of Health and Family Welfare on June 4 direct restaurants to run at 50% of their capacity. Many states have allowed restaurants to open from June 6, but the restrictions imposed are making it unviable for them to operate. Social distancing, sanitization at the time of opening and closing of the restaurant, curfew (restricted movement) after late evening, restricted use of air-conditioning to maintain temperature and average temperature of 24C to 30C with a humidity level between 40% to 70% in many states is impacting dine-in business, which is why restaurant are trying to sustain on delivery and takeout orders. Moreover, as the people working in the F&B sector went back to their hometowns amidst lockdown, it is becoming increasingly difficult for the restaurant owners and operators to find staff to run these establishments after they reopen. The problem of getting migrant workers back to big cities to revive the economy is turning out to be as big of a problem as handling Covid-19 throughout the country.

On the other hand, as malls reopen, many retailers are finding it difficult to get customers because of the rising number of Covid-19 cases in big cities, while retailers who have not yet reopened their stores are negotiating rent with the mall owners in a bid to make their operations viable. Gaming areas, cinema, play areas are still not allowed to open.”, Rajeev Manchanda, Managing Director, Inventure, Delhi

Japan

 “Tokyo Disney Resort to reopen July 1 after coronavirus shutdown; Three types of tickets will be offered with different entry times. For the time being, Oriental Land Co., the operator of the resort, announced Tuesday that Tokyo Disneyland and Tokyo DisneySea, will run under limited capacity and guests will have to reserve tickets online prior to arrival.”, Fox Business, June 23, 2020

“Currently, 85 percent of businesses in Japanese retail industry have experienced an negative impact from COVID 19, pandemic on their corporate activities.  In Japan, there are over 60,000 convenient stores and majority of those stores are represented by independent franchisees.   In order to protect their customer from virus, majority of those stores are now taken specific measures by installing transparent plastic sheets hanging between cashiers and customers to block any pathogen – laced droplets produced by coughing and sneezing.  Local people are coming to convenient stores to get their daily minimum necessities rather than visiting supermarkets which are typically located in distance.  Deliveries of meal kits are also becoming very popular as well.

Major trends are more cooking at home, shopping online and working remotely utilizing zoom or skype, avoiding direct contacts with the people.  Eat-at-home demand is soaring as e-commerce sites draw numbers of customers.  This is not a temporary trend but could be call as permanent trend.  Drug stores have climbed 7.5 percent in monthly basis.  Simultaneously, supermarket continue to grow a well with 7.4% in monthly basis due to “Stay home “ lifestyle for the past several month.

The Japanese government continue to exercise 14 days of quarantine and restrict the travel people from certain countries including United States. The majority of retail and restaurant business are saying that their sales are now back by 60%-70% and hopefully 100% by July, providing the numbers of infected virus patients continue to slow down.”, Ichiro (Roy) Fujita, Founder and President, I. Fujita International, Tokyo and Torrance, California

“Japan Airlines (JAL) announced on June 18 that it will further increase its domestic flight offerings in July. During June, a 20% recovery is expected, and in the first half of July, 40%. At the peak in May 24- June 13, JAL reported a 72% reduction in flights flown within Japan. These numbers include all flights operated by the JAL Group. In comparison, between July 1-16 JAL Group expects a reduction of only 47% in its normally scheduled flights. Some unused passenger aircraft will be used to fly cargo-only flights.”, Airways magazine, June 21, 2020

 Mexico

 “Mexico City reopening shops, street markets, sport complexes: Mexico says it will allow more businesses to reopen in parts of the country despite continued high infection and death rates.”, ABC News, June 26, 2020

New Zealand

“’Stronger Together’ is our theme for the latest issue of Franchise New Zealand – published today. We look at how franchises offer strength in numbers; finding funding; financial resilience; and the future for franchising. Get a free print or digital copy at https://lnkd.in/fydzwAD”, Simon Lord, Publisher, Franchise New Zealand, June 26, 2020

Saudi Arabia

“Millions barred from 2020 hajj pilgrimage to Mecca due to pandemic: In normal years, more than 2 million of the world’s 1.8 billion Muslims travel to Mecca to perform the hajj, which is considered the fifth and final Pillar of Islam. Every Muslim adult who is financially and physically capable must complete at least one hajj, and for many, it’s the trip of a lifetime. This year, however, experts estimate that only 1,000 of Saudi Arabia’s 29 million Muslim residents will be allowed to attend.”, National Geographic, June 23, 2020

Singapore and Malaysia

“Singapore and Malaysia to Create Rules for Cross-Border Travel: Singapore and Malaysia agreed to establish reciprocal arrangements for essential business travel and periodic commuting, following a call between their respective prime ministers on Friday.”, Bloomberg, June 28, 2020

“Singapore Residents Can Soon Collect Free Face Masks From Vending Machines

Starting on Monday, June 29, and running until July 12, each resident in Singapore will be able to collect two free masks at any one of the island’s 1,200 mask vending machines.”, Vice.com, June 35, 2020

Spain

“The Spanish government has agreed to extend the country’s emergency paid leave schemes for an additional three months to the end of September — a costly measure that business and unions say is essential to prevent the widespread collapse of companies and job destruction. The temporary schemes, known as ERTEs, had been due to expire on June 30 and currently cover more than 2m people who hope to return to their jobs as the crisis eases but who are far from sure of doing so. At their peak, the ERTEs provided payments to almost 3.5m people of up to 70 per cent of their normal salary.”, The Financial Times, June 25, 2020

Thailand

 “On June 27, 2020 Thailand has had 33 consecutive days without a domestic case of COVID-19. Thai Government set July 1st for the lift of all business and activity lockdowns across the country. School will be permitted to start the semester on July 1st. Civil Aviation Authority of Thailand director assumed that Thailand’s international flights are not likely to resume until September and may limit the number of foreign tourists. The domestic flights were previously allowed to return and to charge up almost twice the original fare since they had to leave many seats empty to ensure social distancing.

The Monetary Policy Committee, the Bank of Thailand decreases the GDP growth rate Y2020 to -8.1% from -5.3% while International Monetary Fund estimates the Thailand’s GDP growth rate will be contract by -7.7%. Thai Government has issued the economic policies to stimulus the consumptions, domestic investments, and government spending.”, Sethaphong Phadungpisuth, CFE, MD of Gnosis Company Limited, Bangkok

United Arab Emirates

“Dubai Will Reopen to International Travelers on July 7: According to a press release shared by the government on Sunday, international arrivals will be required to present the documentation of a negative COVID-19 test, taken within four days of departure, or undergo testing at a Dubai airport. Travelers from abroad will also have to download Dubai’s COVID-19 DXB app and register their details before arrival to facilitate, ‘easy coordination and communication with health authorities if they experience COVID-19 symptoms.’”, Travel And Leisure magazine, June 23, 2020

United Kingdom

“”More lockdown restrictions are being lifted from Saturday 4th July, the most significant of which, is the reduction of the 2m social distancing requirement to 1m. This is very good news for the hospitality sector, and especially F&B franchises. A track & trace system is in place, but my own sense is that it is far from robust, but probably better than nothing! Consequently, although we all want to believe that the worst is behind us, there is a strong possibility of local ‘spikes’. We are required to wear face masks on public transport, and ‘use our common sense’. There is an expectation of many redundancies when the government support for employees’ wages finishes in the Autumn – historically, this has been good for franchisee recruitment.”, Iain Martin, QFP, Intentional Franchise Consultants, The Franchising Centre, United Kingdom

“Travelers arriving from France, Italy, Spain, Germany and Greece are among those who will soon dodge UK quarantine. And vice versa. But the United States, Portugal and Croatia are not set to make it onto the list of countries with whom Britain is setting up quarantine-free “air bridges”, according to British media reports. Air bridges will be established with countries that have coronavirus testing and tracing systems on a par with Britain’s, transport secretary Grant Shapps said Wednesday. This means quarantine-free summer holidays for Brits, and for many travelers headed to the U.K.”, Forbes, June 25, 2020

“Uncancel culture: British arts reopen: After struggling through lockdown, Britain’s culture sector is finally returning. This week Boris Johnson, Britain’s prime minister, announced that cinemas, galleries and museums could reopen from July 4th. One-way systems, pre-booked tickets and half-empty venues are likely to become part of cultural life. Theatres and music venues, which remain shut, have appealed for a similar reprieve.”, The Economist, June 28, 2020

“Holiday season back on with travel ‘traffic light’ plan: Britons are about to be given the go-ahead to have summer holidays in more than 15 countries in a significant easing of the government’s travel restrictions. Ministers will announce on Wednesday a new “traffic light” system that allows travel to certain low-risk countries without the need to go into quarantine for two weeks on return. Large parts of Europe will be open to British holidaymakers for the first time in more than three months, with quarantine-free travel allowed to countries…”, The Times of London, June 26, 2020

United States

“Here are five charts illustrating the U.S. economic recovery amid the coronavirus pandemic: Though states are reporting new surges in Covid-19 cases, pausing reopening measures and even re-instituting business restrictions, specific economic sectors have continued to see improvement. Consumers are eating out at restaurants, traveling more and visiting hotels amid the official start to the busy summer season. These five charts illustrate trends in important industries that help track reopening progress in the U.S.”, CNBC, June 28, 2020

https://bit.ly/5USCharts

“Hair salons in New York City have long waitlists as coronavirus restrictions ease: Top hair salons in New York City are being bombarded with appointment requests now that salons and barber shops are allowed to reopen.”, Fix Business, June 28, 2020

“Last night, Disneyland indefinitely postponed its reopening plan. After being closed for four months since mid-March due to COVID-19, the California theme park was tentatively scheduled to reopen on July 17, the 65th anniversary of when the park first opened in 1955. Disneyland’s reopening plan was announced on June 10, but things move fast in 2020, and since then, coronavirus cases have spiked in several states around the country, including within California.”, The Points Guy, June 25, 2020

“Shake Shack returns to unit growth, sticks to limited menu for now: After pausing unit growth during the coronavirus pandemic, Shake Shack has started to open new locations, again…..Shake Shack is adjusting its service model by developing Shack Track stores. These restaurants have been modified to include drive up lanes designed for pickup of digital orders. Some will have walk-up windows as the brand pushes “convenience” at all Shacks. The company said it will continue to outfit stores with kiosks, though it will monitor usage given that some people might not want to touch screens during a pandemic. Throughout the health crisis, the chain has turned to a limited menu to ease operations for kitchen staff.”, Nation’s Restaurant News, June 25, 2020

“Texas puts reopening on hold in face of new Covid-19 outbreak: Texas slammed the brakes on its economic reopening in the face of a leap in coronavirus cases, halting plans to ease lockdown restrictions and banning elective surgeries in its four biggest cities to free up hospital beds.”, The Financial Times, June 25, 2020

“Coronavirus: Delta to extend caps on passenger numbers: The boss of Delta Air Lines says the carrier will continue to limit the number of people on its planes beyond September. So far the airline has been capping the numbers on board its flights to no more than 60% of capacity. Chief Executive Ed Bastian told the BBC that some of the details of the plan still need to be worked out. He told the BBC: “We will be extending the cap on the planes post September, whether it’s 60% or a slightly higher number I don’t know, but yes we absolutely will.”, BBC, June 26, 2020

“American, United Airlines Will Go Back To Packing Flights Despite Covid-19 Coronavirus.”, Forbes, June 28, 2020

“The (U.S.) federal government’s multibillion-dollar Paycheck Protection Program (PPP) has been very beneficial in helping KFC and Pizza Hut franchises stay afloat during the COVID-19 pandemic, Kevin Hochman, who serves as KFC’s president and Pizza Hut’s interim president, said Thursday. The PPP program for our franchisees, who most are small business owners or entrepreneurs, have been really helpful to get us through this as well as keep people employed,” Hochman told Maria Bartiromo during an interview on ‘Mornings with Maria’.”, Fox Business, June 25, 2020

Vietnam

“Virus-Free Vietnam Would Like To Stay That Way and Won’t Welcome Tourists Yet: Despite successfully containing its COVID-19 outbreak, Vietnam has no plans to open up to international tourists yet over fears that doing so could lead to a second wave of infections, the Southeast Asian country’s prime minister said on Wednesday. ‘There is no story of rushing to open the doors,; Prime Minister Nguyen Xuan Phuc said in a statement posted to the government website on Wednesday.”, Skift.com, June 25, 2020

Articles About Doing Business in The Times Of COVID-19 and Beyond

Important multi-sector report from McKinsey on the COVID-19 Implications for business:

https://bit.ly/COVIDBusinessImplications

Click below for an excellent U.S. telecommuting Infographic at Global Political Futures:

https://bit.ly/GPFWorkingFromHome

About US

Edwards Global Services, Inc. (EGS) provides a complete International solution for U.S. businesses Going Global. From initial global market research and country prioritization, to developing new international markets and providing operational support around the world. Our U.S. based executive team has experience living and working in many countries. Our Associate network on the ground overseas covers 40+ countries. EGS is  known for our extensive country, cultural and sector research and publications, including our quarterly GlobalVue™ country ranking chart which can be found at the following link.

https://bit.ly/EGSGV0520

Find out more about the services we provide U.S. companies Going Global at:   www.edwardsglobal.com

William Edwards has 46 years of international operations, development, executive and entrepreneurial experience and has lived in 7 countries.   With experience in the franchise, oil and gas, information technology and management consulting sectors, he has directed projects on-site in Alaska, Asia, Europe and the Middle and Near East.  Founded in 2001, Edwards Global Services, Inc. (EGS) takes U.S. businesses global and currently has activity in 25 countries.  Our Clients are all consumer-faced brands.

William Edwards, CFE, is CEO and Global Advisor to Chief Executives, of Edwards Global Services (EGS). Contact Bill at bedwards@edwardsglobal.com or +1 949 224 3896.


EGS Biweekly Global Business Newsletter Issue 6, Monday, June 15, 2020

By William (Bill) Edwards, CEO of Edwards Global Services, Inc. (EGS)

 “The ultimate measure of a man is not where he stands in moments of comfort and convenience but where he stands in times of challenge and controversy.” Martin Luther King Jr.

 “The Chinese word for “crisis” is frequently invoked in Western motivational speaking as being composed of two Chinese characters signifying “danger” and “opportunity” respectively.”, Wikipedia

Introduction

The goal of this newsletter is to provide an update on the economic and business situation around the world. We monitor 30+ countries, 25 daily international information sources and six business sectors to keep up with what is going on in this ever-changing environment. Our team on the ground covers 43 countries and provides us with updates about what is happening in their specific countries.

Many of our newsletter readers send us their input and perspectives to help us publish a balanced view about the world every other week.  Our contact information is at the bottom of this newsletter.

The Focus of This Issue

This issue focuses on what is happening in more than 30 countries that impact consumer spending, business investment and travel. The themes of this issue are the continuing reopening of businesses around the world, travel restarts and restrictions as well as government aid programs for businesses.

At the end of this newsletter are links to reports on how governments are spending US$10 trillion on pandemic projects, the future of work in Europe and what retailing will look like post-pandemic in Asia.

In Summary, Europe opens travel without isolation periods except from the United Kingdom and the USA. Business is coming back in mainland China. The United Kingdom continues to have a high number of virus cases and is very slowly reopening. Please go to the link to the International Air Transport Association (IATA), interactive Travel Regulations Map below to learn the details about travel between over 100 countries.

A Coronavirus Country Status Map for June 15, 2020

Based on our research and input from our Associates around the world for this issue of our newsletter, we created this map showing where countries are in the COVID-19 process. Since our June 8th map there have been several changes. Spain and Italy have gone from blue to green. Sweden has gone from red to blue and Peru has gone from blue back to yellow. Latin America remains the region with the fastest growing case, led by Brazil.

International Travel Updates

“The International Air Transport Association (IATA), an authoritative trade association for airlines around the world, has created an interactive Travel Regulations Map powered by Timatic solutions that allow both airlines and travelers to quickly see current COVID-19 travel restrictions for each country around the world. On the map, countries are color-coded based on their current travel restrictions (which will be continually updated by IATA) and are sorted into four categories: totally restrictive, partially restrictive, not restricted or under review.”, Travel & Leisure June 10, 2020

https://bit.ly/TLInteractiveTravelMap                         

“Delta has received approval from Shanghai government to resume flights: Delta Air Lines (DAL.N) has received approval from the Shanghai government to resume flights from June 18, a company spokeswoman said on Monday, paving the way for the carrier to resume services to China after months of suspension due to COVID-19.

It is still awaiting for the decision from the Civil Aviation Administration of China (CAAC) on how many flights it can resume and when it can do so, the airline said. Delta has filed an application to operate two weekly flights from Seattle to Shanghai via Seoul, it said.”, Reuters, June 15, 2020

“Virgin Atlantic to Resume Flights to the U.S. and Asia in July: The airline will once again start flying to New York City, Los Angeles, Orlando, Hong Kong and Shanghai, beginning either July 20 or 21.”, Travel And Leisure, June 5, 2020

“United plans to shutter three overseas flight attendant bases as international travel suffers. United is closing its flight attendant bases in Frankfurt, Tokyo and Hong Kong.”, CNBC, June 5, 2020

“China and Singapore’s Air-Travel Experiment: A ‘Fast Lane’ With Lots of Waiting: Rules for travel now include coronavirus tests before departure and on arrival, as well as some isolation.  Travel between China and Singapore will require coronavirus tests on each end of the trip.”, The Wall Street Journal, June 4, 2020

“Iberia Express Resumes Flights To Six Major European Cities: n July and August, Iberia Express (I2) will gradually recover greater connectivity, both nationally and internationally. Within Spain, I2 will offer 5 weekly frequencies to Santiago de Compostela and Seville. For its part, from mid-July, the airline will resume flights to European cities such as Amsterdam (with 4 weekly flights), Dublin (with 3 weekly flights), Paris and London (with 4 weekly flights from the end of August.), Berlin (with 4 weekly flights from August 1st) and Manchester (with 2 weekly flights from the end of August. In any case, this flight schedule will be adapted to existing demand and may be increased if further positive signs of recovery are seen.”, Airways Magazine, June 6, 2020.

“Britons could be holidaying in Turkey by July 15 as officials hint deal for an ‘air bridge’ to spare tourists 14-day quarantine is close. An air bridge allows for quarantine-free travel between two countries to resume. If agreed, it means Britons could enjoy a holiday in Turkey within just six weeks. More than 2.5million Brits flocked to Turkey last year to enjoy their holidays.”, The Daily Mail.com, June 6, 2020

“On May 27, South Africa tourism minister Mmamoloko Kubayi-Ngubane said at a briefing that the country’s reopening date for international tourists would likely be early 2021. “Based on the COVID-19 epidemic expected trajectory, the first phase of the recovery for the sector will be driven by domestic tourism, followed by regional tourism and international tourism next year,’ Kubayi-Ngubane said, multiple international media outlets, including The Telegraph and the Evening Standard, reported.

Australia

“Australia is just opening up with restaurants able to have 50 patrons as long as social distancing of 4SqM per person. This has limited the numbers far below 50 in many smaller restaurants.  Gym’s are opening with the same person/space restrictions but Australia is in recession.  The government JobKeeper program is supporting almost 60% of the workforce here with a payment to businesses of $1500 per fortnight and this will continue to September 2020.  Many here are concerned that when this is withdrawn we will be at an economic cliff. Franchising is recovering and our franchise lead generation has increased from March to May by over 60% and we will grant several new franchises in June. High unemployment is driving some of this demand as well as the realisation that being an employee is no longer secure.”, Rod Young, Chairman, DC Strategy, Sydney

Brazil

“The most active economic sectors in Brazil are agriculture, drugstores and supermarkets. The most hardly hurt are traditional education and entertainment. Retail is expected to restart operation in most states these next few days. President Jair Bolsonaro is a strong defender of the reinstatement of economic activities. Against all evidence, he minimizes the effect of the corona growth, defending the use of chloroquine. Because of states autonomy, the situation is not uniform over all regions.’”, Ursula Aleixo, Managing Director, Fastdezine Team, Bello Horizonte

“Brazil’s Sao Paulo, the country’s largest city and the first to report a coronavirus case, has authorized car dealers, law firms and accounting companies to resume activities as of Friday, the mayor’s office said, after approving health protocols they had developed. According to the protocols, car dealers will have to control customer traffic to avoid gatherings, adopt a rotating system for employees, and respect the use of face masks and hand sanitizer.”, Reuters, June 5, 2020

Canada

“Ontario to reopen restaurants, hair salons outside of virus hot spots. The reopenings will begin as of midnight on Friday in 24 of the 34 health regions in Canada’s most populous province and the country’s economic engine, as it moves into the second phase of slowly reopening its economy. The province will also increase the maximum of social groups to 10 people from five in permitted health regions, which include Ottawa, Canada’s capital city.”, Reuters, June 8, 2020

Mainland China

“China’s auto sales surged 14.5% in May, a second straight month of growth as the global industry’s biggest market gradually recovers from the coronavirus pandemic. The China Association of Automobile Manufacturers said Thursday that sales of passenger cars jumped 7% from a year earlier to 1.67 million, an improvement over April’s 2.6% contraction.”, Reuters, June 11, 2020

“On the comeback trail? Chinese consumers emerge from Covid-19”, The Economist Intelligence Unit, June 2020

https://bit.ly/ChineseConsumer0620

Recent development in the franchising sector in China: “The Ministry of Commerce of the People’s Republic of China (“MOFCOM”) released its most recent biweekly bulletin of franchise registration on June 3, 2020 (http://txjy.syggs.mofcom.gov.cn/). According to the data revealed in the bulletin, as of June 3, 2020, the total number of franchisors that have completed the MOFCOM franchise registration is 5,730. Beijing is still the top destination with 1,008 franchise registrations, leaving Shanghai with 608 franchise registrations as the second place, and Guangdong province with 470 franchise registrations as the third place. And the number of franchise registrations by foreign franchisors (excluding Hong Kong, Macau and Taiwan) is only 119, which is surprisingly smaller than the number of the domestic mainland registrations. Among all the industries, the number of the franchise registrations in the restaurant and catering industry is 2,260, accounting for almost 40% of all the registrations, leaving the retail trade with 1,699 registrations as the second place.”, Xu (Leo) Xin, Jones & Co., Toronto, Ontario. Canada

“Investors eye business opportunities as China focuses on convenience store development: Although a permanent fixture in mega cities like Shanghai, convenience stores are scarcely seen in smaller cities. “China’s convenience stores are at their fledgling stage of development,” Ouyang Jianyu, an analyst with Chuancai Securities, said. ‘They are mainly established in big cities, local brands are yet to be exploited and the scale of value-added services is relatively small.’ There are only 130,000 chain convenience stores in China, which is far from enough to satisfy people’s needs, Minister of Commerce Zhong Shan said at a press conference on May 18.”, Beijing Review, June 8, 2020. Compliments of Paul Jones, Barrister, Solicitor & Trade-mark Agent, Jones & Co., Toronto

“Chinese businesses adapt to post-lockdown reality. Deep cleaning, temperature checks and smartphone apps all deployed to stop a second wave. China’s big cities have started to come back to life but worries remain about a potential second wave and businesses are struggling with a shortage of customers.  Most urban centres are free from the virus yet companies are implementing disease control measures, ranging from checking guests’ temperatures and having staff and customers wear masks to conducting regular deep cleans of facilities.”, The Financial Times, June 8, 2020

https://bit.ly/ChineseBusinessesPostLockDown

Czech Republic

“The Czech government agreed to fully open its borders with neighbours Austria and Germany and allow unrestricted travel to and from Hungary from noon on Friday, Prime Minister Andrej Babis said. It fully opened its border with Slovakia on Thursday. ‘People who visit these countries do not need any coronavirus test nor quarantine,’ Babis told a news conference shown live on television.”, Reuters, June 4, 2020

Denmark

 “Denmark plans to lift the limit on public gatherings from 50 to 100 people in July and to 200 in August as it eases measures to curb the spread of coronavirus, the government said on Monday. Earlier on Monday, the government raised the limit on public gatherings from 10 to 50 and allowed fitness centres and public swimming pools to reopen.”, Reuters, June 7, 2020

The European Union and The United Kingdom

“Here are all the European countries reopening today – and who can actually visit

Nations including France, Greece and Iceland are relaxing border restrictions from this week.” Timeout, June 15, 2020

https://bit.ly/EUCountriesOpening

“Coronavirus infections haven’t spiked since Europe loosened lockdowns… In Italy and across most of Europe, countries have restarted their economies and resumed a degree of socializing without visible signs of the dire health consequences forecast by many… Europe’s experience, at least so far, suggests that sending children back to school, reopening restaurants and even making way for large outdoor protests does not lead to an inevitable resurgence of the virus.”, The Washington Post, June 5, 2020

“Cafe society returns to Europe – where two metres isn’t the social distancing rule – as Britain’s restaurants, bars and coffee shops remain closed. France opened restaurants partially in Paris  and fully in the rest of the country. Germany has a 1.5 (metres) social distancing rule but all sized-shops are allowed to open. Italy has opened bars and restaurants  with new social distancing measures,”, Daily Mail.com, June 14, 2020

France

 “France will begin to lift travel restrictions on 15 June. As France continues to ease its lockdown measures, the government has announced it will lift border restrictions with European countries on 15 June.”, Lonely Planet, June 12, 2020

Greece

“Greek Prime Minister Promises Tourist Safety as Country Reopens to Foreign Visitors…. International flights to and from the country’s main airports will resume on June 15, after a nearly three-month lockdown. Accounting for about 20% of Greece’s economic output, tourism is vital for the Mediterranean nation, which emerged from a decade-long debt crisis in 2018.”, Skift, June 13, 2020

Ireland

 “Irish hotels are set to be allowed to reopen at the end of the month, three weeks ahead of schedule, under a proposed speeding up of the government’s post-coronavirus reopening plan being discussed by cabinet on Friday, the Irish Times reported. It also reported that, instead of the planned extension of a travel limit to 20 km (12 miles) from 5 km (three miles) to keep the spread of the coronavirus under control, the cabinet were discussing allowing people to travel anywhere within their county.”, Reuters, June 5, 2020

India

“The future of restaurants and bars in India in the time of COVID-19The central government has given a nod for restaurants to open….You enter the restaurant; your temperature is checked and the smile of your server is hidden behind a mask. He will take you to your table but will he bring the menu or take your order? Probably not. You can’t sneak a glance to see what the next table has ordered because it is six feet away. Technology will rule, your table may have a QR code that will help you scan and browse the digital menu, the order will be placed and the bill paid via the app.”, Lonely Planet, June 13, 2020

Indonesia

“Indonesians in Jakarta returned to mosques on Friday for prayers after the city relaxed rules on attending places of worship as part of a loosening of restrictions in place since late March to contain the spread of the coronavirus. Jakarta’s governor on Thursday announced some easing of restrictions including attending mosques for communal prayers but warned the fight against the outbreak was far from over in southeast Asia’s biggest city.”, Reuters, June 5, 2020

Italy

“Italy was one of the first countries to adopt the joint Apple/Google API for its coronavirus contact tracing app, and early signs are that this is helping reassure people. Immuni contact tracing app downloads hit more than 25% of those given access in the first ten days.”, 9to5Mac, June 12, 2020

Japan

 “Japan’s service sector sentiment index rose in May, a Cabinet Office survey showed on Monday, although the coronavirus pandemic continues to weigh on firms’ business confidence. The survey of workers such as taxi drivers, hotel workers and restaurant staff – called “economy watchers” for their proximity to consumer and retail trends – showed their confidence about current economic conditions rose 7.6 points to 15.5 from a record low marked in April.”, Reuters, June 7, 2020

 Malaysia

 “The new normal: Malaysia’s pandemic politics: Malaysians are ready to get moving again. From tomorrow the country will advance into a more relaxed phase of controls to combat covid-19. It will last until the end of August. A stringent lockdown began on March 18th, before easing somewhat on May 4th. Travel between Malaysian states now will be allowed (with a few exceptions), though the country’s international borders remain closed.”, The Economist Expresso, June 9, 2020

 Middle East Region

“The Middle East is fighting a second wave of covid-19. Countries that thought they beat the coronavirus discover they have not…. Several countries have seen, if not yet a second wave, at least a worrying resurgence of cases…. However, governments are reluctant to shut down again just as their economies are sputtering back to life.”, The Economist, June 13, 2020

https://bit.ly/MiddleEastCasesRise

“For the business in the UAE, all malls, restaurants and cafés are currently operating in the UAE but of course, there are still restrictions in the number of people accessing restaurants.  Business is still very low, malls are empty.  Churches, mosques, and swimming pools at all hotels and compounds are still closed. For Egypt, malls are open but all restaurants, cafés, sport clubs, churches and mosques are still closed.  Curfew is from 8:00 pm to 6:00 am.  Number of cases in Egypt are on the rise, beds available at all private and public hospitals are very limited; if any.   Expected that hotels at resorts at the North Coast, Hurghada, and Sharm El Sheikh start to operate beginning of July but no confirmation as of today.   No business travel is allowed for Egypt and the UAE till now.  Pharmaceutical companies in the UAE advised their employees that there will be no travel permitted till September.”, Manal El Masry, Genera; Manager, Ideate Project Management Services, Dubai

New Zealand

“New Zealand lifts all Covid restrictions, declaring the nation virus-free.  Under new rules, social distancing is not required and there are no limits on public gatherings, but orders remain closed to foreigners.”, BBC.com, June 8, 2020

“Air New Zealand (NZ) will resume, from June 25, the Auckland (AKL) -Tokyo Narita (NRT) route. Quoting the Airline’s General Manager Networks Scott Carr, the announcement mentions that NZ will operate one return service per week from the 10 operated before the Coronvirus crisis.”, Airways Magazine, June 15, 2020

“New Zealand said on Friday that it was extending its wage subsidy scheme to help an additional 40,000 businesses keep staff employed as they recover from the impact of the coronavirus pandemic. After feedback from businesses, the government decided to change the required revenue drop threshold for firms to apply for wage subsidy to 40% from 50%, finance minister Grant Robertson said in a statement.”, Reuters, June 4, 2020

Norway

“Norway Opens Border To Most Nordic Countries, Sweden Restrictions Remain. New travel rules: Citizens from Denmark, Finland and Iceland will be welcome in Norway from June 15 without being subject to quarantine rules.”, Forbes, June 12, 2020

Panama

 “Panama reinstated severe measures, including transit restrictions, due to an increase in infections. As of June7, personal movement is restricted to three days in each week with different days according to sex. At the same time, there is a gradual opening some businesses but buyer traffic is limited due to movement restrictions. Copa, a regional airline, will reopen in July with 10-15% of its previous flights.”, J. Enrique Tellez, Senior Franchise Consultant, Panama City

 Russia

“Moscow, Center of Russia’s Coronavirus Crisis, Emerges From Lockdown…Residents of the Russian capital emerged Tuesday from a strict coronavirus lockdown, a day after Moscow authorities announced they would lift key restrictions in a move Kremlin critics say is meant to project safety and normalcy ahead of two key events—even as infections in the city remain high.  Muscovites, who had been ordered to remain at home for more than 10 weeks, can now go outside without limitation, visit hair salons and take part in certain other activities—the beginning of what officials say will be a phased reopening of the city. By June 23, most businesses and other parts of ordinary life are expected to be fully up and running.”, The Wall Street Journal, June 9, 2020

“McDonald’s will open in Russia institutions with enhanced security measures: They will have divorced flows for couriers and guests, self-service kiosks, numbered tables and disinfectants. the restaurant will be marked, regulating the distance between people. McDonald’s employee in protective gloves will open the door for visitors. At the first stage of leaving the self-isolation regime, no more than 10 people will be allowed into the institution, at the second – no more than 20. But even after the complete removal of restrictive measures, the company promises to comply with increased safety rules. Flows of couriers and guests will be divided into different queues, as well as different entrances and exits. Upon entering McDonald’s, the guest will be asked to disinfect their hands and will be given a table number plate. It will be possible to make an order using the self-service kiosk. McDonald’s employees will bring the finished order.”, Vedomosti.ru,  June 1, 2020. Translated for the EGS newsletter by Paul Jones & Co., Toronto

Saudi Arabia

“Saudi Arabia has reimposed a curfew in the Red Sea city of Jeddah 3 p.m. to 6 a.m. for two weeks starting on Saturday due to the spread of the coronavirus, and suspended work in offices, state news agency SPA reported. SPA said prayers in the city’s mosques had also been suspended.”, Reuters, June 5, 2020

Singapore

“Singapore will allow small gatherings and the reopening of restaurants and shops from June 19, its health ministry said on Monday, in a major easing of the city-state’s coronavirus restrictions. Social gatherings of up to five people will be permitted from Friday, when the majority of activities resume after more than two months of restrictions, dubbed “circuit breaker” measures. Social distancing requirements will remain in place.”, Reuters, June 15, 2020

South Africa

“Schools reopen in South Africa as parents worry about safeguards: Children began returning to classrooms in South Africa on Monday as part of a gradual loosening of COVID-19 restrictions, even as some parents worried not enough had been done to guard against infections.”, Reuters, June 7. 2020

Spain

“Back to school for some, clubbing for others as Spain loosens restrictions: Pupils returned to school in some areas of Spain on Monday and nightclubs opened in others in a further easing of the country’s coronavirus lockdown… Nightclubs reopened in much of Spain though a widely mocked ban on dancing will be enforced to prevent infections.”, Reuters, June 8, 2020.

“Spain after COVID-19: From resilience and reimgaination”, McKinsey & Company, June 4, 2020

https://bit.ly/SpainReimagined

Switzerland

“Switzerland plans to open its borders to European Union countries, EFTA members and Britain on June 15, the government said on Friday, bringing forward its timetable as cases of the novel coronavirus ebb.”, Reuters, June 5, 2020

Thailand

“Thailand eases more coronavirus restrictions, ends curfew…The new measures, which take effect Monday, were announced after more than six weeks in which the daily increase in cases was usually less than 10, and almost all new infections originated abroad.”, ABC News, June 12, 2020

Turkey

“As of June 2, Turkey has started testing the normalization process. Accordingly, intercity travel bans have been lifted. Parks and other recreational spaces are reopened (people are expected to continue social distancing though). Children under 20 can go outdoors on Wednesdays and Fridays (this used to be one day only) and restaurants are reopened. We will see the outcome of this normalization attempt in 10-15 days. Meanwhile, international flights of Turkish Airlines opened for domestic flights on June 4th.”, Enver Celikbas, Istanbul

From the Turkish Airlines website on June 14th: they will start flying to Chicago and Washington DC as of June 19, 2020, to Los Angeles as of June 24, 2020 and to Miami as of June 22, 2020.  They will fly to Hong Kong and Seoul as of June 24th. Turkish Airlines will expand their Middle East flights between June 14-24. They started flying again to Europe June 11 and will expand these flights through June 21st. No date for flying to the United Kingdom has been set.

United Arab Emirates

“Punjab Grill is now open for dine-in business in Abu Dhabi. Reservations are mandatory!”

https://bit.ly/AbuDhabiDineIn

United Kingdom

“After Friday’s GDP number for April, which showed the economy crashed by an unprecedented 20% in a month, all eyes will be on the Bank of England. Jill Treanor, our City editor, reports that Governor Andrew Bailey is expected to unleash up to £150bn of extra stimulus into the system– on top of £645bn already carried out through money-printing, or quantitative easing. Meanwhile, jobs data is forecast to show the unemployment rate jumped from 3.9% to 4.5% in the three months to April.”, The Times of London, June 14, 2020

“Coronavirus: All shops can reopen from Monday if ‘Covid-secure’. Alok Sharma, the business secretary, confirmed that from June 15 non-essential retailers, such as clothes stores and bookshops, would be able to welcome customers for the first time since March 23 — but only if they had made their premises “Covid-secure”. Mr. Sharma said that other businesses, including pubs, restaurants, hairdressers and gyms, would remain shut until July 4 at the earliest. The announcement appeared to remove the idea that pubs with beer gardens would be allowed to open on June 22.”, The Sunday Times, June 10, 2020

“Apple will reopen a select number of its retail stores in the United Kingdom beginning June 15. All Apple Stores outside of Greater China closed on March 13 due to the COVID-19 pandemic and have been gradually reopening across the world since April.”, 9to5Mac, June 12, 2020

“Sunday trading laws will be suspended for a year and cafés and pubs will be given fast-track approval to serve food and drink outside under plans to boost the economy. Downing Street is drawing up a package of measures in response to mounting concern that Britain will face mass unemployment as it emerges from the coronavirus lockdown. The government is preparing legislation that will enable larger supermarkets to open for more than six hours on Sundays.”, The Times Of London, June 5, 2020

“Coronavirus in Scotland: Two hours to be served as McDonald’s opens again: Police were called to several branches of McDonald’s as the reopening of drive-throughs yesterday caused traffic congestion around the country. The fast-food giant opened 31 outlets for takeaway only in Scotland at 11am, triggering enormous queues. People waited in cars, on a day when temperatures reached 22C, for up to two hours to satisfy their cravings for burgers.”, The Times Of London, June 3, 2020

Articles About Doing Business in The Times Of COVID-19 and Beyond

“The $10 trillion rescue: How governments can deliver impact: Governments have announced the provision of trillions of dollars in crisis relief, but translating that into sustained recovery will not be easy.”, McKinsey report, June 4, 2020

https://bit.ly/US10TNRescue

“Beyond COVID-19: How Asia’s retailers can navigate the post-pandemic new normal.” A detailed report from Fung Business Intelligence, dated May 2020

https://bit.ly/FBICAsiaRetailUpdate

“The future of work in Europe”. A discussion paper by the McKinsey Global Institute, The future of work in Europe takes a longer-term view of the situation, to 2030. Through a detailed analysis of 1,095 local labor markets across Europe, including 285 metropolitan areas, it examines profound trends that have been playing out on the continent in recent years and will continue to do so in the future.”, McKinsey, June 10, 2020

https://bit.ly/FutureOfWorkInEurope

“Consumer sentiment is evolving as countries around the world begin to reopen. As restrictions lift and pockets of spending return, consumer behavior begins to adapt to the next normal. As the COVID-19 crisis continues and geographies around the world begin to reopen, consumer behavior has started to change.”, McKinsey, June 5, 2020

https://bit.ly/ConsumerBehaviorChange

About US

Edwards Global Services, Inc. (EGS) provides a complete International solution for U.S. businesses Going Global. From initial global market research and country prioritization, to developing new international markets and providing operational support around the world. Our U.S. based executive team has experience living and working in many countries. Our Associate network on the ground overseas covers 40+ countries. EGS is  known for our extensive country, cultural and sector research and publications, including our quarterly GlobalVue™ country ranking chart.

Find out more about the services we provide U.S. companies Going Global at:   www.edwardsglobal.com

William Edwards has 46 years of international operations, development, executive and entrepreneurial experience and has lived in 7 countries.   With experience in the franchise, oil and gas, information technology and management consulting sectors, he has directed projects on-site in Alaska, Asia, Europe and the Middle and Near East.  Founded in 2001, Edwards Global Services, Inc. (EGS) takes U.S. businesses global and currently has activity in 25 countries.  Our Clients are all consumer-faced brands.

William Edwards, CFE, is CEO and Global Advisor to Chief Executives, of Edwards Global Services (EGS). Contact Bill at bedwards@edwardsglobal.com or +1 949 224 3896.


EGS Biweekly Global Business Newsletter Issue 5, Monday, June 1, 2020

By William (Bill) Edwards, CEO of Edwards Global Services, Inc. (EGS)

 “’I wish it need not have happened in my time,’ said Frodo. ‘So do I,’ said Gandalf, ‘and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us.’” —J.R.R. Tolkein

 “You may not control all the events that happen to you, but you can decide not to be reduced by them.” —Maya Angelou

 Introduction

The goal of this newsletter is to provide an update on the economic and business situation around the world. We monitor 30+ countries, 25 daily international information sources and six business sectors to keep up with what is going on in this ever-changing environment. Our team on the ground covers 43 countries and provides us with updates about what is happening in their specific countries.

Many of our newsletter readers are sending us their input and perspectives to help us publish a balanced view about the world every other week.  Our contact information is at the bottom of this newsletter.

The Focus of This Issue

This issue focuses on what is happening in 26 countries that impact consumer spending and travel. As with newsletter issue #4, the three themes of this issue are the continuing reopening of businesses around the world, travel restarts and restrictions.

In Summary, many more countries are starting or expanding reopening of businesses than the last report on May 20th. There is some progress in restarting business travel in the Asia Pacific and in Europe without 14-day isolation periods once a passenger arrives. The Americas and the Middle East remain largely closed down due to increasing virus cases, tight government restrictions or both.

A Coronavirus Country Status Map for June 1, 2020

Based on our research and input from our Associates around the world for this issue of our newsletter, we created this map showing where countries are in the COVID-19 process.

International Travel Updates

“How Travel Will Change: Airports will have more security and screening; hotels and homes rentals will prioritize cleaning but keep the personal touches; local travel is set to boom in the next year; we’ll be spreading out across bike lanes, buses, and public transportation; restaurants and bars will operate with distance, for now; and car rental pickups will get a lot more seamless. Conde Nast Traveler, May 29, 2020

https://bit.ly/HowTravelWillChange

“U.S. airlines continue to add back long-haul international routes, albeit at a snail’s pace. June is typically a banner month for international travel as schools are out and people take off on summer holidays the world over. Not this year as mandatory quarantines and travel restrictions will keep most would-be travelers near home.  For June, these are the 40 long-haul routes to Africa, Asia-Pacific, Europe and far South America that U.S. carriers are flying with passengers.”, The Points Guy, May 27, 2020.  See the U.S. carrier international flight adds at this link:

https://bit.ly/TPGUScarriersaddintlflights

“Singapore-China to open essential travel corridor in early June: Singapore and China plan to reopen essential travel for business and official purposes between the two countries early next month, they said in a joint statement on Friday. The so-called “Fast Lane arrangement” will be first applied between the Southeast Asian city-state and six Chinese provinces and municipalities – Shanghai, Tianjin, Chongqing, Guangdong, Jiangsu and Zhejiang – before being gradually expanded.”, Reuters, May 29, 2020

“Qatar Airways said on Twitter on Tuesday that it planned to fly a summer schedule to over 80 destinations worldwide.”, Reuters, May 26, 2020

“United Airlines to return to 11 cities in Asia, Europe and South America in July: United Airlines will resume flying a quarter of its schedule in July as the carrier builds back its route map from the depths of its coronavirus pandemic cuts. The Star Alliance carrier will return to 11 long-haul cities in Asia, Europe and South America, United said on May 29. Destinations include Brussels (BRU), Buenos Aires (EZE), Delhi (DEL), Dublin (DUB), Hong Kong (HKG), Lima (LIM), Munich (MUC), Seoul Incheon (ICN), Singapore (SIN), Tokyo Haneda (HND) and Zurich (ZRH).”, The Points Guy, May 30, 2020

“Ryanair has announced that it will ramp up flights to 40 per cent of its normal schedule to the ‘key holiday airports’ in Spain, Portugal, Italy, Greece and Cyprus.”, The Daily Mail, May 26, 2020

“Countries try ‘travel bubbles’ to save post-lockdown tourist season: Facing the loss of a significant part of their economies, some countries in Europe are banding together to ease travel restrictions and avoid quarantines. The European nations of Lithuania, Estonia and Latvia have already created what they are calling a “Baltic travel bubble,” allowing one another’s citizens to travel among the three states without having to self-isolate on arrival. Greece, a major beach destination for Europeans said Wednesday that citizens of Balkan and Baltic countries, Germany and regional neighbors such as Israel and Cyprus are expected to be in the first wave to be allowed to enter the country without going into quarantine, but could be subject to random testing. Some countries might be excluded depending on the situation with their coronavirus outbreaks, Greek officials said.”, NBC News, May 25, 2020

The various sources on travel to mainland China below seem to offer different views on when ‘normal’ business travel to that country will be possible. And at present there is a 14-day isolation period when you arrive before business meetings can be done.

Australia

“NSW Pubs, Cafes And Restaurants Will Be Able To Welcome 50 People By June 1: The New South Wales government has declared that bars and pubs in the state will be allowed to welcome up to 50 people by June 1. Premier Gladys Berejiklian said the latest round of coronavirus case figures prove it is becoming safer for people to reenter the community. Establishments have previously been restricted to just 10 people and the actual public bar sections have been shut, meaning people wanting a beer or wine would have to have it with a meal. Under the new guidelines, the bar section will be permitted to open and welcome five times the number of people previously allowed.”, LAD Bible, May 22, 2020

Canada

“While B.C. has succeeded in lowering its numbers, Ontario and Quebec, Canada’s first and largest provinces respectively, have stubbornly higher numbers and therefore no set date for re-opening. But with warmer weather it is becoming harder for the governments to hold people back. Still in Toronto, there are no restaurants (except for take-out), no hair salons, and no gyms. Other retail stores with street access (in other words no malls) have been allowed to re-open.”, Katya Logunov (Stepanishcheva), Barrister & Solicitor, Jones & Co., Toronto

“Quebec, Canada’s hardest-hit province, is also the most aggressive about reopening

It’s home to more than half of Canada’s coronavirus cases and more than 60 percent of its deaths. Retail businesses, manufacturing, construction and schools are all up and running.”, The Washington Post, May 23, 2020

Mainland China

“Chinese civil aviation authorities plan to extend until June 30 their curbs on international flights to contain the spread of the coronavirus, the U.S. embassy in Beijing said in a travel advisory on Friday. China has drastically cut such flights since March to allay concerns over infections brought by arriving passengers. A so-called “Five One” policy allows mainland carriers to fly just one flight a week on one route to any country and foreign airlines to operate just one flight a week to China.”, Skift, May 29, 2020

“Delta And United’s China Plans Get Lift As Chinese Airlines Propose More U.S. Flights If Coronavirus Curbs Ease: Delta Air Lines and United Airlines are frustrated they cannot add flights to China due to coronavirus-related restrictions. Those same curbs are holding back Chinese airlines, which are limited to one weekly flight each but propose a far larger summer schedule. China Eastern could fly 45 weekly China-U.S. flights, China Southern 38 and Xiamen Airlines nine, the carriers told the U.S. government. Under rules introduced March 29, foreign airlines have been allowed to fly just one flight a week to China while Chinese airlines have been limited to one flight a week to individual countries. Delta intends to fly daily to Shanghai from Detroit and Seattle. United told employees it wants to fly daily from its San Francisco hub to Beijing, Chengdu and Shanghai, and have a fourth flight from Newark to Shanghai. American Airlines has not disclosed plans.”, Forbes, May 29, 2020

“Global travel disruptions remain the top concern for American companies in China, with 90% of respondents to AmCham China’s new Flash Survey saying this has impacted their business operations, up from 77% last month. Meanwhile, both the short and long-term effects of the pandemic are now becoming clearer to companies, with 60% of respondents cutting costs (up 10pp from last month)…over one-third of respondents – rising to 53% in the Technology sector – are allowing managers to implement flexible work policies; just under one-third say they will not continue flexible work policies going forward. Nearly one-third of respondents say they are freezing or deferring internal promotions, while 28% of respondents say they will cancel or defer salary increases, and 18% say they will reduce or cancel bonuses in 2020.”, AmCham China, May 29, 2020

“Shanghai’s Hongqiao airport became the first airport in China to get an outlet of New York City-based fast-food chain Shake Shack. The burger brand opened for business at the airport’s T2 terminal on Thursday. Apart from its classic ShackBurger, the outlet sells cheeseburgers with pork and egg, juice, coffee and other breakfast choices to cater to business travelers. The outlet is decorated with elements of the city’s landmark Yuyuan Garden and air travel. Karina Lai, a retail management official at the airport, said the opening showed the airports ambition to restore business vitality and bring back customers to stores in the terminal buildings. They had been hit by the cancellation of flights due to the coronavirus pandemic. About 77 percent of the airport stores have reopened and the number of travelers has also been rising. The airport handled over 60,000 travelers in May, about 60 percent of the usual.”

https://www.shine.cn/news/metro/2005289077/

Colombia

“Colombia to begin easing restrictions from the start of June: Colombia will begin easing restrictions put in place to control the spread of the coronavirus starting from June, President Ivan Duque said Wednesday, though he asked the public to continue isolating at home and keep using measures to contain the disease.”, Reuters, May 27, 2020

Czech Republic

“The country’s state of emergency ended on 18 May. On 25 May, shops in shopping centres, business premises over 2,500 m2, restaurants and other services re-opened. Smaller retail units were partly or fully operational already prior to this. Wearing masks continues to be compulsory in inside public space, public transportation etc. Travel restrictions are being slowly being lifted with some “safe” countries (where the pandemic situation has improved / is comparable to that in the Czech Republic). It continues to be uncertain to which countries people will be able to travel for holiday, but popular near destinations such as Slovakia, Austria and Croatia are almost certain. The tourism industry, especially in Prague which is otherwise normally full of foreign tourists, of course critically suffers. Besides travel agencies, restaurants, hotels etc., also the real estate market is strongly affected because thousands of Airbnb apartments have been put out on the market for normal lease.”, Gabor Kaczmarczyk, Your Concierge, Budapest

Ecuador

 The highest amount of virus cases and deaths have been in the region of Guayas (where the city of Guayaquil is located – the country’s largest). The stats have now stabilized and the country is beginning a phased reopening schedule. With 3108 deaths Ecuador’s situation has been similar to Peru’s, but worse than in Colombia where the virus was better controlled.  Ecuador has indeed been quite impacted by Covid-19. As of right now, every city has its own protocol to go back to normal, as some cities have been more impacted than others. We have a red, yellow and green phase. Quito is in red, Guayaquil just moved to yellow.  30% of international flights will resume operations starting June 1st.”, Sandra Tinajero, U.S. State Department, U.S. Embassy in Quito

France

 “Restaurants due to reopen across France: Édouard Philippe, the French prime minister, is expected to authorise restaurants outside Paris to open next week. Mr. Philippe may also allow the country’s 8,000 campsites to reopen as France prepares for the summer holidays. He is due to unveil the second stage of exiting lockdown this afternoon. Museums, cinemas and theatres are hoping that they will be given permission to open for the first time since March. The lockdown was imposed on March 17 and partially lifted on May 11.”, The Times Of London, May 28, 2020

“Paris cafes, bars and restaurants to reopen to outdoor space row: Temporary use of pavements or parking spots to be allowed for outdoor-only service, says mayor (Anne Hidalgo). ‘We have adopted a plan to help bars and restaurants for at least six months from March until the end of September,’ Hidalgo told Le Parisien. ‘One of these measures is the free occupation of a part of space in Paris. It could be pavements where possible or parking places. We could also close certain roads to traffic for some weekends to allow bars and restaurants to have more space.’”, The Guardian, May 31, 2020

Germany

“Germany to lift virus-related travel warning for EU countries from June 15: Germany will lift a warning against travel to 26 fellow EU countries from June 15, Foreign Minister Heiko Maas said on Wednesday, adding that Berlin would decide later on its travel guidelines for other countries, including Turkey.”, Reuters, May 27, 2020

Greece

“Greece is to open up to tourists from 29 countries in two weeks – but not those travelling from the UK. Tourists from EU countries including Germany, Austria, Denmark and Finland will be able to visit from 15 June, the tourism ministry said in a statement on Friday. But some of the world’s worst-affected countries – including the UK, France, Italy and Spain – are not on the list. More countries could be added before 1 July, the ministry added. Only airports in Athens and Thessaloniki will open on 15 June. Tourists from 16 EU countries will be allowed into the country, including the Czech Republic, Baltic countries, Cyprus and Malta.”, BBC.com, May 29, 2020

Hong Kong

“Travelers can transit through Hong Kong airport beginning in June: Hong Kong International Airport will reopen to transit travelers in June after a more than two-month closure to connecting passengers to stop the spread of the novel coronavirus. Beginning June 1, travelers can connect between flights on the “same airline group” at Hong Kong (HKG), according to the airport. Passengers must be checked in through to their final destination prior to landing in Hong Kong, and must wear a mask while they are in the airport. Non-residents are still barred from arriving in Hong Kong. In addition, travelers cannot transit to destinations in mainland China, reports the South China Morning Post.”, The Points Guy, May 30, 2020

“Hong Kong should form ‘travel bubbles’ with neighbours that have pandemic under control, tourism board chief says. Creating links with nations such as South Korea, Thailand and even mainland China could bring visitors back to city, according to Dane Cheng.”, South China Morning Post, May 22, 2020

Hungary

“The Hungarian government lifted most of the limitations on May 30: shops could re-open a couple of days earlier, and restaurants can receive guests even inside their premises if their ventilation doesn’t only circulate the air, but constantly adds fresh air from outside. Patients can now visit their doctors again for non-COVID-related examinations as well. Larger events, however, will most likely not be allowed before September. People must wear masks inside of public buildings (e.g. shopping malls, shops, government offices, etc.), as well as when using public transportation. The Hungarian government pays great attention to the recovery of the economy, and provides interest-free loans as well as non-refundable grants to companies to keep up the employment. The tourism industry suffered probably the most because of the epidemic, and it will take a while until the hotels recover, especially in Budapest. Restaurants are not in an easy situation either, although many of them started a delivery service, including fast food restaurants like Burger King and McDonalds. As far as travel is concerned, citizens from outside the European Economic Area (e.g. the U.S.) are still not allowed to enter the country, even if they reside here.”, Gabor Kaczmarczyk, Your Concierge, Budapest

India

“India is extending lockdown restrictions to June 30 in what the home ministry is calling “containment zones,” while allowing restaurants, malls and religious buildings to reopen in other parts of the country, Reuters reports. The order comes as India reported a record number of daily new Covid-19 cases a day before Prime Minister Narendra Modi’s initial lockdown order was set to lift, according to Reuters. India is allowing hospitality and retail businesses, along with places of worship, to open on June 8, while those buildings must keep social distancing rules in place, Reuters reported.”, CNBC, May 30, 2020

Japan

 “After months of closures because of the coronavirus pandemic, some Apple Stores in Japan will reopen this week.”, iMore, May 25, 2020

Mexico

“New cases are still mounting each day in Mexico City, and there’s been a lot of chatter and criticism recently about the country’s handling and reporting of the virus. Some parts of the country are easing restrictions despite the increase in new cases because they cannot afford to be shut down economically. Most of these issues are taking place in and around Mexico City, one of the world’s most populated cities with about 21 million residents in its greater area.  That said, other areas in Mexico are not as contaminated by the virus. In fact, Mexico’s plan calls for the country to reopen region-by-region, based on the number of local cases. Nearly 300 municipalities around the country, nicknamed “municipalities of hope,” have already begun to open.”, Forbes, May 26, 2020

New Zealand

“Small businesses and the self-employed have claimed almost $1 billion in ‘‘low or no interest’’ government loans offered to help them get through the Covid-19 crisis. Cinemas and restaurants can welcome up to 100 people, but they can take bookings for groups of no more than 10, while abiding by strict social distancing rules. From midday Friday, group sizes will increase from a maximum of 10 to 100, as part of revised gathering restrictions under alert level 2 – the change welcomed by religious groups and those involved in community sport. Until then, up to 50 people can attend tangi and funerals.”, extracted from a New Zealand government report on May 26, 2020 courtesy of Stewart Germann, Stewart Germann Law Office, Auckland

Panama

 “Panama to relax coronavirus measures in second stage of re-opening; The Panama government said on Tuesday that in June it will start to relax some measures imposed to curb the spread of the novel coronavirus, permitting sectors such as construction, nonmetallic mining and pharmaceuticals to resume operations.”, Reuters, May 26, 2020

The Philippines

“Philippines capital emerges from lockdown into economic uncertainty, fears of second wave of infection. After 76 days of a coronavirus quarantine that shut down the Philippines’ economic heart and kept millions under virtual house arrest, Metro Manila will spring abruptly back to life on Monday with the easing of restrictions on transport and work. The change has been met with both relief and trepidation: businesses cheer the restarting of an economy on life support, but analysts worry that the rate of Covid-19 infection in the country is still too high and easing restrictions might lead to a spike in new cases.”, South China Morning Post, May 31, 2020

Poland

 “Poland is still under lockdown due to the coronavirus, however the government consequently introduces new phases of its easing strategy launched in March (the restrictions have been gradually eased since late April). Since 30 May, under the new relaxed rules, Poles are no longer required to wear protection masks when outdoors in public places. On May 18 the government allowed consumer services, including hotels, food service, rehabilitation and beauty centers. The government maintained travel bans, school closures and a shutdown of Polish borders. Schools are expected to remain closed until the end of June when children also start the summer holidays, while borders will remain effectively closed until at least mid-June.”, Gabor Kaczmarczyk, Your Concierge, Budapest

 Portugal

 “Portugal to (Slightly) Delay Lisbon Malls Reopening as Virus Cases Increase: Malls in the area will remain closed until June 4, while they will reopen on June 1 in the rest of the country as planned, Prime Minister Antonio Costa said at a press conference on Friday. Portugal on Friday reported the biggest daily increase in coronavirus cases in three weeks due to new infections in the region”, Bloomberg, May 29, 2020

Saudi Arabia

“Saudi Arabia to end curfew on June 21, except in Mecca: state news agency

Saudi Arabia will revise curfew times this week, and lift it entirely across the Kingdom with the exception of the holy city of Mecca starting June 21, state news agency reported in a statement early on Tuesday.”, Reuters, May 25, 2020

Singapore

“If local virus transmission levels remain low and businesses put in place the necessary precautions, a second phase that includes the gradual resumption of social activities and dining out at eateries could start before the end of June, said Minister for National Development Lawrence Wong. The government will then render a decision after assessing the first two weeks of phase one, which begins June 2, Wong said at an online press conference on Thursday. Broadly speaking, phase two will entail the resumption of a wider range of activities and we expect almost the entire economy to reopen by the start of phase two,” he added. Higher-risk activities and venues such as religious congregations, large-scale events, bars and cinemas will require discussions with stakeholders and may not be able to start immediately. “We wanted to take a more cautious approach for activities in these areas to resume,” Wong said. In the second phase, households may be able to receive up to five visitors per day. Within hawker centers and restaurants, tables will have to be kept at least one meter apart and limited to no more than five people in phase two. Retail outlets, gyms and swimming pools and dining in at restaurants are included in the second phase, as are social activities and family gatherings in small groups.”, Bloomberg, May 28, 2020

South Korea

“More than 500 schools closed again Friday to students after briefly reopening, as South Korea moves to stamp out a resurgence of the coronavirus in the capital, Seoul, and its surrounding metropolitan area. Parks, art galleries, museums and theaters operated by the government in the Seoul metropolitan area — home to about half the country’s population of nearly 52 million — have also been closed to the public for the next two weeks. Government hosted events in the metropolitan area will be canceled or postponed as well, Health Minister Park Neung-hoo said Thursday. The authorities have recommended that private academies and internet cafes there close too until June 14.” CNN, May 29, 2020

“Bridging Culture Worldwide has announced the results of a targeted bilingual survey of how South Korean companies view opportunities for F&B growth and expansion in 2020 and 2021. The first of its kind survey was conducted by BCW and Tierra Advisors—both advocates, long engaged in South Korean business and market entry. BCW Founder and CEO Don Southerton noted, ‘The study was conducted to gauge the overall market mood and more specifically future F&B growth plans in response to the uncertainty and disruption of COVID-19.’ As background, BCW and Tierra point out that unlike most of the world, Korea appears to have reined in the outbreak without some of the strict lockdown strategies deployed by many other countries in the world. Still, the economy and businesses like restaurants and coffee shops have suffered. Although Korea never experienced mandated widespread closures, Koreans pro-actively stayed away from eateries and Starbucks. The restaurants did remain open, eagerly waiting for customers who seldom came. Fast forward, Korea’s everyday life today is now resembling something closer to normal. There are lines outside restaurants during lunchtime; malls are bustling, and the streets are busier. As a positive indicator, major Korean food brands like SPC have also recently announced plans to open new locations as well as add additional western fast-casual brands.

https://bit.ly/2MdwxkP

Sri Lanka

“Sri Lanka plans to reopen its tourism sector on Aug. 1 by allowing only small groups of visitors to begin with, a tourism official said on Sunday. A limited number of small groups from around the world would be allowed to visit from August and stay in approved five-star hotels that have put strict safety measures in place, Fernando told Reuters.

He confirmed that tourists will be required to carry a COVID-19-free certificate issued either by their governments or a reputed agency, as reported by the Sunday Times which quoted Sri Lanka’s Tourism Ministry Secretary S. Hettiaarachchi. Tourists would also need to wait on arrival at the airport for coronavirus testing.”, Reuters, May 31, 2020

Spain

“After ten weeks under one of the world’s strictest lockdowns Spain is opening up again. Residents of Madrid and Barcelona can this week meet socially as well as patronise non-essential shops and café terraces. Under the complicated three-stage deconfinement plan of Pedro Sánchez, the Socialist prime minister, much of the rest of the country is a step further on, with beaches and shopping centres opening. The relaxation reflects the virus’s retreat.”, The Economist, May 26, 2020

“The Spanish government has assured foreign tourists that they will not be forced to self-isolate for 14 days when the country throws open its doors to holidaymakers at the start of July. In an effort to urge visitors from abroad to plan a return to the country’s beaches, Arancha González Laya, the foreign minister, tweeted emojis of a bikini, sunglasses and a suitcase and the message: ‘In July we will gradually open Spain to international tourists, lift the quarantine, ensure the highest standards of health safety. We look forward to welcoming you!’ The news that quarantine measures would not apply followed an announcement on Sunday by Pedro Sánchez, the prime minister, that borders would reopen to foreign tourists in July.”, The Sunday Times, May 26, 2020

Thailand

 “Many businesses in Thailand will re-open on June 1, including exhibition centers, amulet markets, massage parlors, childcare centers, fitness centers, sport complexes, beauty clinics, bowling alleys, dance halls, water sport centers, performance art and movie theaters, and zoos. The government still remains the curfew in place to prevent the drinking alcohol group but shortens the time to 11 pm – 3 am as the situation improved.  So, I believe this re-opening period will help ease franchisees to be back on their businesses.  However, each business has to provide hand sanitizer and practice social distancing in the store.  There are some businesses that are still waiting to be reopened in the last phrase, in mid of June, including group steaming, bathing, and facial massages, and sport competitions. International air travel is allowed on June 30.  Currently, only domestic flights are allowed to operate in Thailand.” Thanyathorn Voravongsatit (Nan), Commercial Specialist, U.S. Department of Commerce, Bangkok

“Thais took in a movie and enjoyed foot massages in a welcome return on Monday to some pampering and popular pastimes as coronavirus restrictions further eased and new infection numbers remained low. Shopping malls stayed open later, a curfew was shortened and more businesses reopened, among them fitness clubs, spas, traditional massage centres and cinemas.”, Reuters, June 1, 2020

United Kingdom

“Lockdown restrictions in the UK are being lifted gradually, but as you would expect there are those that think that the changes are too little and too slow – and others who think its too much, too quickly! One example which is a major issue for F&B brands is the requirement of 2m for social distancing – compared to 1m in a number of other countries – this has a huge impact on restaurant layouts, and potential revenue. Cleaning franchises are very popular currently!”, Iain Martin, QFP, International Franchise Consultant, The Franchising Centre, United Kingdom

“British stock markets soared this morning, with the retail sector leading the charge after Boris Johnson’s announcement last night. The prime minister confirmed that outdoor markets and car showrooms would be able to reopen next week and all other non-essential shops would follow suit on June 15.”, The Times of London, May 26, 2020

“760 reopenings this week for takeaway/delivery. The highest number of reopenings came from McDonald’s, followed by KFC UK & Ireland and Costa Coffee. New entries to the list include: Ottolenghi & NOPI & ROVI, Bewiched Coffee, Bar Douro and Brindisa Kitchens. Reopened sites to date account for 21% of the brands’ combined estates totalling 13,000 sites”, from a LinkedIn post by Peter Backman on May 28, 2020

“Wagamama aims to reopen 67 restaurants for deliveries by end of June: The pan-Asian restaurant chain launched a trial at five of its delivery kitchens earlier this month. It will reopen 24 sites this Thursday, with a further 20 reopening on Thursday May 28. The chain said it hopes to have 49 sites open for delivery by the start of June, with this expanding to 67 by the end of the month.” Belfast Telegraph, May 19, 2020

Articles on Moving Through and Past the COVIF-19 Crisis

Three game-changing ideas for our post-pandemic world, John Thornhill, The Financial Times, May 28, 2020

https://bit.ly/3GameChanginIdeas

“Coronavirus won’t kill globalisation – but a shakeup is inevitable”, new study by the World Economic Forum as reported by The Conversation on May 24, 2020 at this link:

https://bit.ly/ConversationGVCs

“Franchisor and Franchisee Crisis Management Post-CoV: The pandemic crisis of corona (Covid-19) has recently impacted the franchising industry in ways that have never been imagined and that brings up some very interesting questions that need to be answered by all companies in the franchising industry.  How can franchisors and franchisees manage a crisis of this proportion?”, excellent article on managing businesses post COVID-19 by Sean Ngo, Co-Founder and CEO of VF Franchise Consulting, Ho Chi Minh City

https://bit.ly/VFCCOVIDCrisisMgmt

About US

Edwards Global Services, Inc. (EGS) provides a complete International solution for U.S. businesses Going Global. From initial global market research and country prioritization, to developing new international markets and providing operational support around the world. Our U.S. based executive team has living experience living and working in many countries. Our Associate network on the ground overseas covers 40+ countries. EGS is also known for our extensive country, cultural and sector research and publications, including our quarterly GlobalVue™ country ranking chart.

Find out more about the services we provide U.S. companies Going Global at:   www.edwardsglobal.com

William Edwards has 46 years of international operations, development, executive and entrepreneurial experience and has lived in 7 countries.   With experience in the franchise, oil and gas, information technology and management consulting sectors, he has directed projects on-site in Alaska, Asia, Europe and the Middle and Near East.  Founded in 2001, Edwards Global Services, Inc. (EGS) takes U.S. businesses global and currently has activity in 25 countries.  Our Clients are all consumer-faced brands.

William Edwards, CFE, is CEO and Global Advisor to Chief Executives, of Edwards Global Services (EGS). Contact Bill at bedwards@edwardsglobal.com or +1 949 224 3896.


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