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Asia-Euro Holidays saga: A cautionary tale for SMEs

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In May, the media reported on the abrupt closure of family-run travel agent Asia-Euro Holidays.

IN May, the media reported on the abrupt closure of family-run travel agent Asia-Euro Holidays. It is a case of business failure that I believe holds several lessons for companies, especially SMEs. Staff at Asia-Euro Holidays were simply told to go home early and some 500 customers, several of...

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