Travel pains. New visa rules for visitors to the U.S. hurt businesses that need to see overseas customers
Article Abstract:
The U.S. revision of its visa policy in order to limit terrorists entering the country is having unforeseen economic problems for companies that do business overseas. One result is that some U.S. companies have lost major contracts. A second set of U.S. regulations are to be implemented in Asia that will make it even more difficult for foreigners to enter the U.S.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 2003
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Executives on a leash
Article Abstract:
The Wright Company (Bangkok, Thailand) overcame travel problems due to SARS during its executive hiring process by relying upon videoconferencing. The company has retained this procedure, as it saved the company time and money. However, as other companies begin relying upon the same technology, airlines should expect a decline in business travel.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 2003
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Weighing the cost of terror
Article Abstract:
As more Asian countries are experiencing terrorist bombings, insurance companies are offering insurance to protect businesses from the loss of buildings, equipment, etc. caused by such attacks.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 2003
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