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Economy

Global economic growth ups; ‘weakness yet’

17 May 2024 FA News Desk

The global economic picture has improved since January. According to the World Economic Situation and Prospects mid-year report published on Thursday has also revealed that “vulnerabilities are remain yet.” The world economy is forecast to grow by 2.7 per cent Read More
Agro-foods’ informal cross-border trade in South Asia still notably

17 May 2024 FA News Desk

Informal cross-border trade, particularly in agri-food commodities, remains a significant facet of the South Asian region. At an workshop “Insights into Informal Cross-Border Trade in Agri-Food Commodities in South Asia” organized the other day in Kathmandu by South Asia Watch Read More
Malaysia tops ASEAN region auto market

16 May 2024 FA News Desk

Malaysia has captivated its control over automobile market share in Southeast Asia sidelining Thailand. Indonesia has been listed into third position. This is a major shift in Asian automakers’ share market. According to the Malaysian Automotive Association, auto sales increased Read More
BOEING 787 is safe: Expert says

15 May 2024 Geoffrey Thomas

“Boeing 787 is safe”, said a world-renowned aircraft structures expert John Hart Smith. Responding to a Boeing whistleblower and engineer Sam Salehpour’s claim that small gaps in the 787 created when fuselage sections are joined could cause a catastrophic accident, Read More
Huge applications for Best Tourism Villages 2024

14 May 2024 FA News Desk

Over 260 villages from over 60 countries of the world have submitted their applications for the 2024 edition of Best Tourism Villages by UN Tourism 2024. According to the UN Tourism body, this marks the highest volume of applications ever Read More
Progress report to reduce baggage mishandling

12 May 2024 FA News Desk

The International Air Transport Association (IATA) released a global progress report on the implementation of baggage tracking. The IATA press note focused on IATA Resolution 753, which requires tracking baggage at acceptance, loading, transfer and arrival, the survey of 155 Read More
Thai PM highlights strategies to ignite Thailand as a tourism hub

3 Apr 2024 FA News Desk

Thailand’s Prime Minister and Finance Minister H.E. Srettha Thavisin, outlined the government's vision to ‘Ignite Tourism Thailand’ in 2025 with a multifaceted approach to establish the country as a tourism hub. Stressing on the government's target of 3.5 trillion Baht Read More
Singapore Airlines wins Best First Class

1 Apr 2024 FA News Desk

Air New Zealand for Best Economy Class Singapore Airlines has once again won ‘Best First Class’ in the AirlineRatings.com 2024 Airline Excellence Awards. AirlineRatings.com, the world’s only airline safety, and product rating website, promotes excellence and innovation in the airline Read More
Qatar Airways wins Best Catering for 20204

21 Mar 2024 FA News Desk

Qatar Airways has taken out AirlineRatings.com’s Best Catering Award for 2024 in its annual Airline Excellence Awards. Airlineratings.com Editor-in-Chief Geoffrey Thomas said that “no matter what class you fly Qatar Airways’ food offering is superb”. The presentation and delivery of Read More
India-EFTA join hands

14 Mar 2024 FA News Desk

India signed a free trade deal with the European Free Trade Association (EFTA)--a regional trade organization of four European states Iceland, Liechtenstein, Norway and Switzerland. Switzerland, Norway, the United Kingdom, Sweden, Denmark, Austria, Portugal founded EFTA on January 4, 1960 Read More