{"version":"1.0","provider_name":"Mega Fortris Benelux","provider_url":"https:\/\/megafortris.nl\/en\/","author_name":"inlife","author_url":"https:\/\/megafortris.nl\/en\/author\/inlife\/","title":"2022\u2019s Outlook: Reaching The End of First Half | Mega Fortris Benelux","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"4gffLYsPUN\"><a href=\"https:\/\/megafortris.nl\/en\/2022s-outlook-reaching-the-end-of-first-half\/\">2022\u2019s Outlook: Reaching The End of First Half<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/megafortris.nl\/en\/2022s-outlook-reaching-the-end-of-first-half\/embed\/#?secret=4gffLYsPUN\" width=\"600\" height=\"338\" title=\"&#8220;2022\u2019s Outlook: Reaching The End of First Half&#8221; &#8212; Mega Fortris Benelux\" data-secret=\"4gffLYsPUN\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/megafortris.nl\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"Reopening of Borders Across the Globe April 1, 2022 \u2013 Malaysia\u2019s government announced the reopening of the country\u2019s border to international travellers. Following this, the land border Malaysia-Singapore was also reopened. All fully-vaccinated travellers will be allowed to entry the country without undergoing quarantine, but will be required to take a RT-PCR test two days before departure and a rapid test (RTK) within 24 hours of arrival. Hong Kong and Macao passport holders may also enter Malaysia visa-free for up to 30 days. For visa requirements for foreign nationals, see: https:\/\/bit.ly\/3J3JMQN. After two years of strict travel, Malaysia has dropped its quarantine requirements for people vaccinated against COVID-19. We can expect some normalcy in the coming months as international flights for both business, tourists and foreign students reopen and resume operations. The road to recovery is positive as inferred by the activities below: Malaysia Convention &amp; Exhibition Bureau, the leading business events bureau in the country will be organising a total of 81 business events thus far for the year 2022, and are expecting around 113,700 delegates to Malaysia, contributing to a total of RM834 million in estimated economic impact. Malaysia closed a deal with Emirates Airlines to bring tourists from 130 international locations. Education Malaysia Global Services is facilitating international students to pursue higher education in Malaysia as it was also reported that there was an increase in PhD applications from international students in the past 24 months, reaching 11,661 in 2021. Additional information on borders across the world: From 16 May, passengers flying in the EU will no longer need to wear masks in airports or aboard flights, though some countries have chosen still require masks. Check the rules before you fly here. Austria, Greece, Switzerland, Bulgaria, Croatia, Lithuania, Sweden, Serbia, Slovenia and Slovakia no longer have any Covid-19 travel restrictions for visitors. Belgium: Visitors from outside the EU no longer need to show any Covid-19 paperwork to enter. Italy: Its &#8216;state of emergency&#8217; situation has dropped but have extended travel restrictions until 31 May. Spain and mainland Portugal: Masks are no longer mandatory, except on public transport. Japan: Border restrictions in June will be relaxed further where there are no Covid-19 arrival tests for people from low-risk areas. Singapore: Borders have already opened and restrictions are lifted. Philippines: The ease in border restrictions allows fully vaccinated international travellers to enter. With the borders reopening, Mega Fortris also has plans in the pipeline to revisit old friends and business partners around the globe. Supply Chains Flare Up Again, Endangering Global Recovery Despite some positive predictions of the supply chain\u2019s recovery, supply chains are getting tangled across globe. From China to Denmark, this new situation is sparking re-examinations of things as macro as globalization itself and micro as trucking efficiency around ports. As for the big picture, the intertwined world economy took decades to stitch together and will take years to play out, however it evolves. In the meantime, economists are squinting to see the more granular, short-term shifts that the pandemic and Russia\u2019s war in Ukraine are forcing on consumption, investment, production and trade. Some observers say now is a good time to focus on different metrics than traditional measures of employment, prices and gross domestic product. \u201cThe way we look at the global economy needs to change,\u201d said Steven Barrow, a currency strategist at Standard Bank. \u201cNo longer should we look at growth, inflation and monetary policy through the lens of demand. Instead, it is supply that\u2019s key.\u201d Before the pandemic, the supply of goods and services was what economists would generally call \u201celastic\u201d \u2014 flexing easily to match demand. \u201cBut now supply has turned from being elastic to inelastic, meaning that the response to changes in demand are far less,\u201d Barrow said in a note. With that in mind, there are a few unorthodox supply-side scopes to observe, with one such as below: Heat Maps Many economists, including the team at Bloomberg, have developed indexes or colourful heat maps to show the degree of stress on supply lines. In a research note last week, BNP Paribas SA analysts released their latest tracker and it showed some April indicators flashing orange and yellow. They look at traditional gauges like delivery times and order-to-inventory ratios, along with alternative numbers like air cargo rates and the number of anchored vessels outside the Port of Los Angeles. \u201cDisruptions are back and here to stay,\u201d they wrote. A Moody\u2019s Analytics measure shows supply stress in the world\u2019s two biggest economies, the U.S. and China, is still hovering well above the pre-pandemic norm. \u201cDisruptions stemming from the Ukraine conflict steepened those graph lines in February, but now the cause lies primarily with China\u2019s Covid-related woes, which have forced 15% more ships to wait in waters off the ports of Shanghai than at the same time last year, \u201csaid Steve Cochrane, the firm\u2019s Asia-Pacific chief economist. \u201cThat\u2019s reversing the improvement that started in the final quarter of 2021,\u201d he added. China\u2019s Trade with The World Withering China\u2019s trade with the rest of the world declined in April under the pressure from Covid-19 lockdowns and dropping overseas demand, signalling that the global economy is losing traction as high inflation affects consumer spending. The pullback in exports that helped power China\u2019s growth is heightening worries over a world economy that is already shaken by the war in Ukraine and rising interest rates in the U.S. and Europe. Exports: In March 2022, China\u2019s export growth rate was 14.7%. In April 2022, China\u2019s export growth fell sharply to 3.9%, its weakest level since June 2020 due to the stringent COVID-19 rules badly affected the trade in the country. However, this rate was still slightly above analysts\u2019 forecasts of 3.2%. Imports: In April, imports were stagnant, showing almost no growth due to restricted domestic demand. The sluggish figures reflect the extent to which the Chinese economy has lost momentum in the face of prolonged lockdowns in some of its major economic hubs. Shanghai, the world&#8217;s largest port,","thumbnail_url":"http:\/\/mfnl.megafortris.app\/wp-content\/uploads\/2022\/05\/End-of-First-Half-3-pp8ftole8h41ask2r0mfuoet94awa8xpv79c20fr68-1024x430.png"}