LATEST TRAVEL AND BUSINESS NEWS
Germany to Invest 10 Billion Euro in Start-Up Support
Berlin – The German parliament has approved a billion-euro “future fund” to help fledgling companies expand their business. Early on Friday, after a marathon 17-hour budgetary meeting, the German Bundestag approved a massive investment of state capital to promote start-ups … Continue reading Germany to Invest 10 Billion Euro in Start-Up Support
AirAsia collaborates with Tourism Malaysia
KUALA LUMPUR – AirAsia applauds the Ministry of Tourism, Arts and Culture (MOTAC) for taking proactive steps in announcing a detailed Stimulus Recovery Plan to reinvigorate the national economy through domestic tourism, which involves the Cuti-Cuti Malaysia campaign and cooperation … Continue reading AirAsia collaborates with Tourism Malaysia
China will consider joining Trans-Pacific-Partnership
BEIJING/SINGAPORE – Chinese President Xi Jinping on Friday said he will give “positive consideration” to joining the Trans-Pacific Partnership trade pact, likely in a move to bolster the country’s presence in Asia while the U.S. focuses on its presidential transition. His … Continue reading China will consider joining Trans-Pacific-Partnership
U.S. adds four more Chinese firms to Pentagon blacklist
WASHINGTON – Washington is poised to designate four more Chinese companies as backed by the Chinese military, sources said, curbing their access to U.S. investors as the Trump administration seeks to cement its hawkish China legacy in its waning days. … Continue reading U.S. adds four more Chinese firms to Pentagon blacklist
Maldives: Campaign to bring tourists back
Malé – The Maldives Marketing and Public Relations Corporation (MMPRC) has launched a major campaign with Skyscanner to promote the country as one of the safest destinations in the world for tourists. The three-month campaign will target the UK, as … Continue reading Maldives: Campaign to bring tourists back
RCEP: The world’s biggest free trade bloc launched
HANOI — The Regional Comprehensive Economic Partnership (RCEP) agreement was signed among its 15 participating countries on Sunday, launching the world’s biggest free trade bloc. Participating countries include the 10 member countries of the Association of Southeast Asian Nations (ASEAN) … Continue reading RCEP: The world’s biggest free trade bloc launched
Asia-Pacific: Foreign arrivals plummet 67 percent
Bangkok – The moderate growth of international arrivals into Asia-Pacific destinations in 2019 has been derailed this year, no thanks to the appearance of the coronavirus which has led to the collapse of travel. According to the Annual Travel Monitor … Continue reading Asia-Pacific: Foreign arrivals plummet 67 percent
China congratulates Biden on winning the presidency
BEIJING – China on Friday congratulated U.S. President-elect Joe Biden, who won the Nov. 3 election that President Donald Trump has not conceded, nearly a week after the former vice president clinched enough states for the win. “We respect the … Continue reading China congratulates Biden on winning the presidency
Singapore, Hong Kong to start air travel on Nov 22
Singapore/Hong Kong – The inaugural air travel bubble (ATB) flight between Singapore and Hong Kong will kick off on November 22, allowing for leisure travel between the two places without the need for quarantine. This marks the world’s first air travel bubble … Continue reading Singapore, Hong Kong to start air travel on Nov 22
COVID Vaccine: Moderna is conducting a clinical trial
Washington – Moderna has finished accumulating data for a first analysis of its COVID-19 vaccine and expects to have an announcement on the vaccine’s efficacy by the end of the month, the company said in a statement Wednesday. Pfizer announced Monday that … Continue reading COVID Vaccine: Moderna is conducting a clinical trial