Economy

Singapore’s Changi is World’s Best Airport
Qatar's HIA named second best followed by Japan's Haneda Airport Singapore’s Changi Airport has been named the world’s best airport for the 12th time. According to London-based research firm Skytrax, Changi Airport, who lost the coveted title in 2021 and Read More

Saudi Arabia unveils Riyadh Air
Saudi Arabia has launched a new national carrier. Riyadh Air is the new venture to be operated from Riyadh based King Salman International Airport as its hub and will connect the Saudi capital to over 100 destinations globally. Saudi Crown Prince Read More

US sells 40% of global arms; Asia, Oceania top importing region
Surge in arms imports to Europe, while US dominance of the global arms trade increases (Stockholm, 13 March 2023) Imports of major arms by European states increased by 47 per cent between 2013-17 and 2018-22, while the global level of Read More

Thulo.Com jointly with SDC & UNCDF empower over 1,700 MSMEs in Nepal
To bridge the digital gap of MSMEs Thulo.Com initiated a project - “MSMEs Growth Bazar: Digitization of MSMEs by providing market access through Thulo.Com”, which has been successful to digitise MSMEs based in Koshi Bagmati, Gandaki and Lumbini Provinces. The Read More

ITB Berlin sets priorities for tourism
ITB Berlin is the world's biggest tourism and travel trade fair. This week's event was the first in-person ITB for four years and comes as the sector's recovery is well underway. According to UNWTO, international tourism could reach 80 to Read More

Tourism’s potential outlined at LDC meet
The UN Conference on Least Developed Countries held in Doha of Qatar has brought together world's Heads of State, Governments, civil society organizations, entrepreneurs, students, youth and policy makers. UNWTO was one of the participants in the conference in which Read More

Nepal-IMF sign agreement
The government of Nepal and the IMF team have reached an agreement on the policies needed to complete the combined first and second reviews of the ECF arrangement. Nepal would have access to about US $52 million in financing once Read More

UNWTO lauds ‘Reopening of China’
The United Nations World Tourism Organization (UNWTO) has heralded the re-opening of China as ‘the final piece in tourism’s recovery’ from the biggest crisis in the sector’s history. UNWTO Secretary-General Zurab Pololikashvili warmly welcomed the lifting of travel restrictions as Read More

Winners of “Awake Tourism” named
UNWTO has announced the winners of its Awake Tourism Challenge, celebrating the start-ups that are reshaping the sector in every global region. The Challenge was the second edition of the UNWTO Global Startup Competition focusing on the Sustainable Development Goals Read More

Most countries agreed on a major tax reform
The international tax system shaped by the League of Nations in April 1923 has come under intense pressure in recent years. Globalization, digitalization, and tax competition have made it increasingly hard for countries to raise revenue from multinational companies in Read More