Singapore: 21-day quarantine for all travelers
SINGAPORE – Singapore on Tuesday rolled out a slew of tightened measures against Covid-19, in line with the local and global Covid-19 situation. Starting from 11:59 p.m. on May 7, all new travelers arriving from higher risk countries or regions … Continue reading Singapore: 21-day quarantine for all travelers
BioNTech to Provide Vaccine Doses for Olympic Athletes
NEW YORK / MAINZ – Pfizer Inc. and BioNTech SE today announced the signing of a Memorandum of Understanding (MoU) with the International Olympic Committee (IOC) to donate the companies’ COVID-19 vaccine to help vaccinate athletes, and their delegations, participating … Continue reading BioNTech to Provide Vaccine Doses for Olympic Athletes
Germany beats FDI expectations in 2020
BERLIN – Germany Trade & Invest’s annual FDI report shows the country attracting more foreign business investments in 2020 than experts had predicted. GTAI has documented 1648 international companies who set up shop with greenfield investments, expansions and relocations last … Continue reading Germany beats FDI expectations in 2020
Singapore’s PayNow allowing quick funds transfers
SINGAPORE — From April 29, users of Singapore’s PayNow and Thailand’s PromptPay will be able to send up to S$1,000 or THB25,000 daily across the two countries using just a mobile number, as the two real-time payment systems are linked. … Continue reading Singapore’s PayNow allowing quick funds transfers
Britain seeks closer ties with India: 1 billion investment
NEW DELHI/LONDON -Britain and India announced 1 billion pounds ($1.39 billion) of private-sector investment and committed to seek a free trade deal as Prime Minister Boris Johnson hailed a new era in bilateral relations on Tuesday. Johnson held a virtual … Continue reading Britain seeks closer ties with India: 1 billion investment
Air Cargo Demand Reaches All Time High
GENEVA – The International Air Transport Association (IATA) released March 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels (March 2019) with demand up 4.4%. March demand reached the highest level recorded … Continue reading Air Cargo Demand Reaches All Time High
IATA: International Travel Still Largely Shutdown
GENEVA – The International Air Transport Association (IATA) announced that passenger traffic fell in March 2021 compared to pre-COVID levels (March 2019) but rose compared to the immediate month prior (February 2021). Because comparisons between 2021 and 2020 monthly results … Continue reading IATA: International Travel Still Largely Shutdown
BER: Passenger volume remains low in April
BERLIN – Passenger volume at Berlin Brandenburg Willy Brandt Airport (BER) remained at a very low level in April. Approximately 265,000 passengers took off and landed at BER last month. That is around 44,000 more than in the previous month … Continue reading BER: Passenger volume remains low in April
Lufthansa Group pushes ahead with fleet modernization
Frankfurt/M. – Lufthansa Group is accelerating the modernization of its fleet. New, highly cost and fuel-efficient aircraft are replacing older types on short, medium and long-haul routes. As a result, the Executive Board of Deutsche Lufthansa AG decided to buy … Continue reading Lufthansa Group pushes ahead with fleet modernization
ITB Asia ready for physical international travel trade
SINGAPORE – ITB Asia is back and on track for a physical event from 27 – 29 October at the Sands Expo and Convention Centre, in Singapore. The annual three-day B2B trade show and convention is designed to connect the … Continue reading ITB Asia ready for physical international travel trade