Travee is a CtoC matching service for travelers and locals who provides unique local get-around plans made by individuals who live in the city. Travee disrupt standard flow of booking tour activity. The aim of this company is to help travelers to explore cities like locals by achieving the concept of “local people ≒ tourism content”.
In recent years, travelers seems to more keen on exploring a city like a local. To suffice the needs, traveling service for individual travelers are increased progressively. Last year, Viator, one of the largest online tours-and-activities booking agencies, has been acquired by TripAdvisor for $200 Million. Furthermore, Airbnb, a website for people to list, find, and rent lodging has also announced their new service of providing local tours to visitors.
Similarly to the previous services mentioned above, Travee aims to be a service of focusing and providing unique local experience and local people of Southeast Asia to individual travelers from around the world.
“After all, it is the local host who make the travelers smile”
TraveeMag is a website filled with interview articles of Travee local hosts and travelers done by the CEO of Travee Inc, Kenichi Ikeda himself. Through these interviews,…
Digital Revolution and Repression in Myanmar and Thailand
Activists have also proactively published social media content in multiple languages using the hashtags #WhatsHappeningInMyanmar and #WhatsHappeningInThailand to boost coverage of events on the ground.
How will oil prices shape the Covid-19 recovery in emerging markets?
– After falling significantly in 2020, oil prices have returned to pre-pandemic levels
– The rise has been driven by OPEC+ production cuts and an improving economic climate
– Higher prices are likely to support a rebound in oil-producing emerging markets
– Further virus outbreaks or increased production would pose challenges to price stability
A combination of continued production cuts and an increase in economic activity has prompted oil prices to return to pre-pandemic levels – a factor that will be crucial to the recovery of major oil-producing countries in the Middle East and Africa.
Brent crude prices rose above $60 a barrel in early February, the first time they had exceeded pre-Covid-19 values. They have since continued to rise, going above $66 a barrel on February 24.
The ongoing increase in oil prices, which have soared by 75% since November and around 26% since the beginning of the year, marks a dramatic change from last year.
Following the closure of many national borders and the implementation of travel-related restrictions to stop the spread of the virus, demand for oil slumped globally.
In the wake of the Saudi-Russia price war in early 2020, Brent crude prices fell from around $60 a barrel in February that year to two-decade lows of $20 a barrel in late April, as supply increased and demand plummeted. The value of WTI crude – the main benchmark for oil in the US – fell to record lows of around $40 a barrel last year on the back of a lack of storage space.
While global demand for oil remains low, one factor credited with reversing the trend is the decision to make significant cuts to oil production, which subsequently tightened global supplies.
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