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  • UNWTO: International tourism – strongest half-year results since 2010

    AFGHANISTAN, 2017/09/09 Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010. Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.

  • The next chapter for the Trans-Pacific Partnership

    BRUNEI , 2017/06/27 The next of trade and cross border commerce in Asia and the Pacific and the US role in Asia’s economy were put in doubt by Donald Trump’s withdrawal of the United States from the Trans-Pacific Partnership (TPP) economic agreement. The TPP was the economic arm of President Obama’s pivot to Asia. It was as well supposed to set the rules and standards of trade in Asia and for the world. It is no amaze again, that some of the remaining 11 members of the TPP are trying to save the agreement even without US participation. A lot of political capital was expended in negotiating the TPP and nations are looking for ways to maintain the momentum of economic integration.

  • Higher earning Why a university degree is worth more in some countries than others

    AFGHANISTAN, 2016/12/11 A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree. The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.

  • New Zealand December Building Permits Climb 2.3%

    NEW ZEALAND, 2016/01/29 The total number of building permits issued in New Zealand advanced a seasonally adjusted 2.3 % on month in December, Statistics New Zealand said on Friday - standing at 2,538. That follows the upwardly revised 2.4 % increase in November (originally 1.8 %). The actual price of building work consented in December was NZ$1.6 billion. Residential work was up NZ$184 million (22 % on year) to NZ$1.0 billion. Non-residential work was up NZ$124 million (29 %) to NZ$555 million. Individually, consents were issued for 1,661 houses, 427 apartments, 291 townhouses and 159 retirement village units.

  • The pilot questioned why the plane leaving from Auckland airport was not taking a more direct route to Kuala Lumpur

    MALAYSIA, 2016/01/06 t was only eight minutes into a Malaysia Airlines flight that took off from a New Zealand airport at the same time as the pilot realised something was wrong. It was heading in the wrong direction. Flight MH132 took off from Auckland airport to Kuala Lumpur on Christmas Day and was going south towards Melbourne, the New Zealand Herald reported. The pilot was curious as to why the plane, which left at 2.23am on Friday, was not taking a additional direct route to the Malaysian capital and contacted air traffic controllers in Auckland to ask why.

  • New Zealand Food Prices Fall 0.2% In November

    NEW ZEALAND, 2015/12/11 Food prices in New Zealand eased 0.2 % on month in November, Statistics New Zealand said on Friday, following the 1.2 % decline in October. Meat, poultry, and fish prices rose 1.6 %, reflecting higher prices for all types of meat, particularly chicken (up 4.4 %). Non-alcoholic beverage prices were as well up, driven by higher prices for energy drinks. "Prices fell for tomatoes, lettuce, and broccoli in November," consumer prices manager Matt Haigh said. "Vegetable prices were down 8.5 %, although the fall was only 1.2 % next adjusting for seasonal effects."

  • APEC economies growth slows to 3.1 pct in Q2

    BRUNEI , 2015/11/18 Increase among the 21 Asia-Pacific Economic Cooperation (APEC) economies softened to 3.1 % in the second quarter of 2015, down from 3.2 % in the initial quarter and 3.4 % a year ago, according to an APEC economic analysis released on Tuesday. The statement said the increase slowdown reflected the prolonged weakness in world economic activity as the modest recovery in advanced economies was matched by a general slowdown in emerging market economies. The moderation in GDP levels could be attributed to declining investments and lacklustre exports, according to the statement. "Economies across the Asia-Pacific continue to grow but find themselves in a holding pattern of lower increase in the absence of high trade volumes," said Alan Bollard, Executive Director of the APEC Secretariat.

  • The ambitious TPP trade deal full text of 6.000 pages released to the public

    JAPAN, 2015/11/09 The transaction was struck last month next five years of tense negotiations, but continues to face fierce opposition. It as well must still be ratified by lawmakers in each member country and some of the nations involved need it to undergo a legal review. The full text is about 6,000 pages long. Critics argue the transaction is biased towards corporations, and does not cover climate change concerns, part other issues. The long-awaited text of the landmark trade transaction called the Trans-Pacific Partnership (TPP) has been released to the public for the initial time. The text still has to be translated into the languages of the signatories. The TPP is one of the world's most extensive trade agreements, bringing together 12 Pacific rim nations, inclunding the US and Japan.

  • New Zealand is courting a new trade deal

    NEW ZEALAND, 2015/10/31 New Zealand's Prime Minister is looking to clinch a free trade agreement with the European Union, just weeks next finalizing the massive Trans-Pacific Partnership (TPP) transaction. In a joint statement with European Council and European Commission presidents, Prime Minister John Key outlined plans to increase trade and investment ties between his country and the bloc. "We believe that a FTA (free trade agreement) will support sustainable increase and investment , opening up new trade and business opportunities and generating new employment for our peoples."

  • Villagers walk completed damaged vegetation on Tanna Island, Vanuatu, 19 March 2015 next Cyclone Pam.

    NEW ZEALAND, 2015/05/24 Recently, two very powerful and damaging storms have wreaked havoc in the Western Pacific: Cyclone Pam and Typhoon Maysak. These were two of the majority intense storms to impact this region in the completed 15 years and, by some metrics, the worst ever recorded — and they occurred about a month apart. Climate change, once again, was said to have added to their intensity, which has a lot of Pacific Islanders extremely worried. The belief that climate change will force Pacific Islanders to leave their homes is not new. Currently, there is a pending appeal before the Supreme Court of New Zealand involving an I-Kiribati man who is requesting that he and his family be allowed to remain in New Zealand permanently due to the belief that the people of Kiribati face indirect persecution from human-induced world warming.
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