Travel recovery is ending — and a new era of growth is beginning

Travel recovery is ending — and a new era of growth is beginning

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email International arrivals are set to fully recover from the Covid-19 pandemic this month, according to UN Tourism, marking the end of the travel recovery era and ushering in a new age of global growth. 02:02 Mon, Dec 9 20247:18 AM EST Read … Read more

Indian travelers are top story of the next 10 years, says Hilton

Indian travelers are top story of the next 10 years, says Hilton

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Hilton Asia-Pacific President Alan Watts told Squawk Box Asia that outbound travelers from India increased from 10 million to 27.3 million in 2024. He said present-day travel from India “is minuscule compared to what it’s going to be in the future.” Read … Read more

India’s economic growth expected to accelerate in Oct-Dec quarter: Report

India’s economic growth expected to accelerate in Oct-Dec quarter: Report

New Delhi: India’s economy was projected to grow at a faster pace in the third quarter of the current financial year (October-December 2024) compared to the first half (April-September 2024) as positive indicators are emerging of economic activity picking up pace, according to a report by ICRA. The report states that the preliminary data for … Read more

Namma Yatri Expands to Mangalore, Aims To Transform Local Transport

Namma Yatri Expands to Mangalore, Aims To Transform Local Transport

Last Updated:November 21, 2024, 14:32 IST With over 2.3 lakh drivers and more than 50 lakh customers, Namma Yatri now facilitates an average of 1.6 lakh trips daily across Karnataka. In November alone, nearly 500 trips were completed, with 300 drivers already joining the platform. Namma Yatri (NY), the Bengaluru-based mobility app dedicated to empowering … Read more

China’s vice-premier pushes trade resilience amid US tariff threat

China’s vice-premier pushes trade resilience amid US tariff threat

Beijing’s top official handling trade and economic affairs talks with the United States inspected major container ports in China’s top exporting province on Sunday, amid concerns over the potential impact of US president-elect Donald Trump’s trade policies. During his visits to Nansha Port in the city of Guangzhou and Shekou Port in the city of … Read more

Tencent adds 3,000 jobs in third quarter, signalling Big Tech growth in China amid AI race

Tencent adds 3,000 jobs in third quarter, signalling Big Tech growth in China amid AI race

Chinese internet giant Tencent Holdings added more than 3,000 jobs in the third quarter, in a sign that the country’s most valuable technology company is on a new growth trajectory after the industry was beset by downsizing in recent years. The Shenzhen-based company had 108,823 employees by the end of September, up 3 per cent … Read more

Xi urges China’s provinces to be patient and fair in push for economic reforms

Xi urges China’s provinces to be patient and fair in push for economic reforms

Chinese President Xi Jinping has called on provincial leaders to be patient about the pace of economic reforms and cautioned them against trying to solve problems hastily, according to party mouthpiece People’s Daily. He also urged them to break down the fences of vested interests in each province in favour of a national market and … Read more

India well-positioned to capitalise on new growth opportunities, says Nirmala Sitharaman

India well-positioned to capitalise on new growth opportunities, says Nirmala Sitharaman

New Delhi: Finance minister Nirmala Sitharaman has said India is well positioned to capitalise on new growth opportunities despite the challenging global economic environment and hopes to emerge as a key partner for many countries seeking to diversify their supply chains. The future of global economic growth will be shaped by strategic partnerships instead of … Read more

Why did China’s police chief make a rare foray into economic policy?

Why did China’s police chief make a rare foray into economic policy?

China’s top police officer has made a rare comment on economic matters with a call for better risk management and stability. The state media reports of Wang Xiaohong’s comments highlighted that he was speaking in his capacity as a senior member of the Communist Party and as a state councillor, rather than as public security … Read more

Amid ‘new Cold War’, Singaporeans need to brace for turbulent, difficult phase of global development: PM Wong

Amid ‘new Cold War’, Singaporeans need to brace for turbulent, difficult phase of global development: PM Wong

VIENTIANE: Singaporeans need to brace themselves and be mentally prepared that things may go wrong in this “turbulent and difficult phase of development worldwide” amid a “new Cold War”, said Prime Minister Lawrence Wong on Saturday (Oct 12). Speaking to reporters on the final day of his visit to Vientiane, Laos, Mr Wong said that world … Read more