Economy
WEF’s Global Cybersecurity Outlook released
The World Economic Forum’s (WEF) Global Cybersecurity Outlook 2025 report released highlights the increasing complexity in the cyber landscape, which has significant implications for organizations and nations. This complexity arises from the rapid growth of emerging technologies, prevailing geopolitical uncertainty, Read More
World sees tourism grows; Nepal receives over 1.14 million visitors
Tourism is travel for pleasure and the commercial activity of providing and supporting such travel. About 790 million people travelled to various destinations worldwide in the first seven months of 2024, said the UN Tourism. with millions of The Travel Read More
HK Express: World’s fastest growing airline
HK Express has been recognized as the fastest-growing airline of 2024 by global travel data provider OAG. HK Express is a Hong Kong-based low-cost carrier and a subsidiary of the Cathay Pacific Group. Founded in 2004, the airline primarily focuses Read More
Global cooperation at a crossroads
The World Economic Forum’s Global Cooperation Barometer 2025 offers a critical assessment of the state of global cooperation, showing a world grappling with heightened competition and conflict, while also identifying various areas where leaders can drive progress through innovative collaboration. Read More
UN okays US $3.72 billion budget for 2025
The United Nations General Assembly wrapped up its 79th session recently with endorsing its budget of US $3.72 billion for 2025. The budget funds various programmes including political affairs, international justice and law, regional cooperation for development, human rights and Read More
IMF publishes G20 DGI-3 reports
The Second Progress Report on the implementation of the Third Phase of the G20 Data Gaps Initiative (DGI-3) report published by the International Monetary Fund (IMF) provides an update on the work undertaken since September 2023 to address critical data gaps Read More
Celebration of International Migrants Day
Today, December 18 is International Migrants Day. The day celebrates the contributions of millions of migrants worldwide recognizing the hundreds of millions of migrants living outside of their home countries. Migrant is a person who moves away from his or Read More
Juneyao Air begins Shanghai-Sydney flights
Juneyao Air has officially made its debut in Australia, providing travelers with a new way to connect to destinations across China. The airline’s inaugural flight, HO1669 landed at Sydney Airport at 6:30 a.m. on Tuesday. Juneyao is the ninth carrier Read More
US $1.7 B in Airline Funds blocked
The International Air Transport Association (IATA) reported that US $1.7 billion in airline funds are blocked from repatriation by governments as of the end of October 2024. This is a small improvement compared to the US $1.8 billion reported at Read More
‘Climate hazards will slash 7% yearly earnings’
Businesses must act now to address growing climate risks or face steep financial losses, according to two new reports released today by the World Economic Forum (WEF). Companies that delay could see up to 7% of annual earnings wiped out Read More