F&B, retail trade businesses counting on more anchor events to boost growth in 2025

Trump has been breaking international laws, such as his attempts to impose tariffs on all exports, according to Dr. Deborah Elms, head of business plan at the Hinrich Foundation.

However, she said Asia has” great possible” for economic growth.

” Despite all the challenges we face in Asia as a result of changes in government, there is still more expansion happening there than anywhere else,” said Dr. Elms.

Breakthrough Routines

There is hope that significant events from the 2025 calendar, such as the World Aquatics Championships and the two-night concert by Japanese rock band Mayday, will continue to shock international visitor arrivals and hospitality spending.

Celebration organizer Unearthed Productions claims that businesses gain a lot from breakthrough events that take place on the outside in addition to the events themselves. &nbsp,

For instance, the Formula 1 Singapore Grand Prix is one such extravaganza that, according to founder and chief experience officer Adam Piperdy, allows for many businesses to organize smaller activities that can take place simultaneously. &nbsp,

He noted that such massive MICE ( meetings, incentives, conferences and exhibitions ) happenings, especially those that happen repeatedly such as F1, &nbsp, “really allow everybody to play a part, to rally around the event and create micro events around it”.