313 to the previous year , “ BEC World ’ s financial position remains stable .” However , “ 2020 continues to be challenging both in terms of global and domestic factors impacting the economy . Already in 1Q / 2020 , concerns over the COVID-19 outbreak has resulted in a lower GDP growth outlook for the year and a subdued domestic consumption , which directly affects local advertising spend . However , we remain hopeful that a return in domestic spending will take place within 3Q / 2020 , resulting in a recovery of advertising expenditure .”
“Working internationally allows opportunities to expand our new business in those countries ”
— BEC World www . technologymagazine . com