Grab secures USD 1.46 billion investment
SINGAPORE – Grab Holdings Inc. (“Grab”), Southeast Asia’s leading super app, today announced it has secured US$1.46 billion of fresh funding from the Softbank Vision Fund (“SVF”). This capital injection from SVF brings the total financing secured in Grab’s current Series … Continue reading Grab secures USD 1.46 billion investment
International travel out-performing economic growth
Berlin – In 2018, the number of outbound trips increased by 5.5 per cent, resulting in 1.4 billion international trips. Hence, once again tourism is a key growth driver of the global economy, which “only” grew by 3.7 per cent in … Continue reading International travel out-performing economic growth
Global Fairs TT-Messe now at ISH and Light + Building in Frankfurt
Frankfurt – The unexpected closure of the world-renowned CeBIT expo in 2019 in Hannover came as a surprise to many national and international exhibitors and left them without an appropriate alternative. Jan Nintemann, owner of the Global Fairs TT-Messe Osnabrück, … Continue reading Global Fairs TT-Messe now at ISH and Light + Building in Frankfurt
ITB Berlin: Focus on ecological sustainability
Berlin – Tourism with a vision of the future: socially responsible tourism has been on the agenda of the World’s Leading Travel Trade Show for many years. This year, with its wide range of workshops, seminars and lectures on social responsibility, … Continue reading ITB Berlin: Focus on ecological sustainability
Thailand: Documentary series to inspire responsible tourism
Bangkok – The Tourism Authority of Thailand (TAT) is seeking to inspire environmental, cultural and social awareness among locals and visitors alike by placing responsible tourism at the heart of “The Seasons” travel short documentary series with 12 episodes uploaded and … Continue reading Thailand: Documentary series to inspire responsible tourism
Huawei at MWC: 5G Live Networks and Foldable Phones
Barcelona – Huawei kicked off this year’s Mobile World Congress with its Day0 Forum in Barcelona. With the theme of building a fully connected intelligent world, the forum included industry insights of the latest trends. At the 5G is ON … Continue reading Huawei at MWC: 5G Live Networks and Foldable Phones
Nokia: 5G will not be delayed by ban on Chinese suppliers
Barcelona – Nokia does not expect the possible exclusion of Chinese companies on security grounds to delay the rollout of next-generation 5G services in European markets, CEO Rajeev Suri told Reuters. Debate is raging in Europe over whether to heed … Continue reading Nokia: 5G will not be delayed by ban on Chinese suppliers
Cathay Pacific making profit again
Hong Kong – Hong Kong’s Cathay Pacific Airways Ltd projected its annual profit at more than double analyst estimates as its turnaround plan designed to cut costs and boost revenue pays off, sending its shares surging nearly 9 percent on … Continue reading Cathay Pacific making profit again
China-U.S. trade talks ‘making a final sprint’
Shanghai – Chinese state media on Saturday expressed cautious optimism over trade talks between the United States and China, a day after President Xi Jinping said a week of discussions had produced “step-by-step” progress. Xi made the comments at a … Continue reading China-U.S. trade talks ‘making a final sprint’
Xinjiang foreign trade with B&R countries rises
Urumqi – The foreign trade volume between northwest China’s Xinjiang Uygur Autonomous Region and countries along the Belt and Road (B&R) totaled about 291.5 billion yuan (43 billion U.S. dollars) in 2018, up 13.5 percent year on year. The figure … Continue reading Xinjiang foreign trade with B&R countries rises