On Tuesday, shares of Thailand’s airlines and hotels rose in early morning trade, following an announcement by the prime minister that from November more vaccinated tourists would be allowed to visit the country. Late on Monda, Prayuth Chan-ocha said mandatory quarantine… Read More ›
Britain
Britain boosts naval presence in Asia, midst rising tensions
In a significant development, Britain’s new aircraft carrier the HMS Queen Elizabeth made a pit stop in Singapore as part of a move to boost Britain’s military presence in Asia midst rising tensions in the region. The aircraft carrier led… Read More ›
Unless governments harmonize disjointed border rules aviation industry could slip into recession: IATA
In a significant development, following the wrapping up of the first meeting of global airlines, the International Air Transport Association (IATA), said confusion over air travel restrictions is holding back the sector’s fragile recovery from the Coronavirus-induced COVID-19 pandemic which… Read More ›
EU postpones trade talks with Australia
On Friday, in a statement Australian Minister for Trade Dan Tehan said, trade talks with the European Union have been postponed. The development comes in the wake of Canberra deciding to cancel a $40 billion submarine deal with France. Last… Read More ›
Shortage of truck drivers ripple through British economy
On Wednesday, in a statement British Prime Minister Boris Johnson said, the government was preparing to ensure fuel supply chains were running smoothly for the run-up to Christmas as he tried to quell public fears of panic buying of fuel… Read More ›
UK’s Labour Party aims to impose new taxes on landlords and shareholders
Britain’s opposition Labour Party hinted that it would impose new taxes on the wealthy, including shareholders and landlords, if it comes to power at the next election. In an interview, Labour’s would-be finance minister Rachel Reeves said, “I do think… Read More ›
British Finance Minister Rishi Sunak accepts calls to review Britain’s financial regulations
Following the collapse of the Greensill Capital, British finance minister Rishi Sunak has ordered two immediate reviews of the country’s financial regulation. On Friday, in a letter to a parliamentary committee Sunak said he had accepted its call for reform… Read More ›
Boris Johnson and Amazon’s founder Jeff Bezos agreed to work together to fight climate change
In a statement, the office of British Prime Minister Boris Johnson said, he has discussed issues of taxation with Amazon’s founder Jeff Bezos in New York. “The prime minister raised the issue of taxation, and hoped progress could be [made] in… Read More ›
Trade talks with EU will be in coming months: Australia Prime Minister Scott Morrison saod
On Tuesday, Australia Prime Minister Scott Morrison saod, trade talks with the European Union will be worked through in “the weeks and months ahead”. His comments come at a time when he is dealing with the fallout of the decision… Read More ›
China applies to join the CPTPP
In a statement China’s Commerce Ministry said, China has filed an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The Chinese move is aimed at bolstering its clout in global trade. The application was made by… Read More ›