The People's Republic of China has today committed 40 million Yuan (US$6.3 million) to the government of Seychelles.
The grant forms part of an Economic and Technical Cooperation Agreement that was signed earlier today by the Minister for Foreign … December 18, 2011
The Seychelles President, Mr. James Michel, has made an appeal to financial institutions in Seychelles to do more to modernize, provide Internet banking services, as well as affordable credit to help the economy.
The President made the statements in … November 20, 2011
The Ministers of Tourism of the major economies meeting in Paris for the 3rd T20 Ministers’ Meeting have called on decision-makers to consider tourism within their strategies to foster the economy and when facing mounting challenges, namely that of … October 27, 2011
LEXINGTON, Kentucky, USA - NTA members recently completed the association’s Fourth Quarter 2010 Economic Snapshot Survey ( www.ntaonline.com/includes/media/docs/Fourth-Quarter-2010-Economic-Snapshot-Results-2.9.11.pdf ). Along with a positive outlook … February 21, 2011
FRANKFURT, Germany - Twenty-nine politicians, together with 65 meetings industry leaders and keynote speakers, met yesterday to analyze and debate the full economic value of the global meetings industry at the annual IMEX Politicians Forum.
The forum’s … May 26, 2010
FRANKFURT, Germany - Twenty-nine politicians, together with 65 meetings industry leaders and keynote speakers, met yesterday to analyze and debate the full economic value of the global meetings industry at the annual IMEX Politicians Forum. The forum’s … May 26, 2010
Meeting with the President of Tajikistan, HE Emomali Rahmon, UNWTO secretary-general, Taleb Rifai, underlined the importance of regional cooperation in the growth and development of national economies. Referring to the UNWTO Silk Road Project, a long-term … May 4, 2010
Travel and tourism is one of the world’s most important sectors and has been one of the leading growth sectors since the World Travel & Tourism Council (WTTC) first started measuring travel and tourism’s economic impact 20 years ago.
“But, as … March 11, 2010
2009 has seen the worst recession since the 1930s, with global GDP contracting by an estimated 1.3 percent. While there are tentative signs that the economic cycle is now turning, driven by unprecedented policy stimuli, reviving credit markets, and recovering … November 10, 2009
As world leaders meet to discuss a sustainable way out of the current economic crisis, many governments and decision makers still have some way to go before they recognize tourism as a sector which can be a relevant factor of the economic recovery.
Raising … September 23, 2009
The World Economic Forum on behalf of its travel and tourism community presented its report "Towards a Low Carbon Travel and Tourism Sector" to Yvo de Boer, director general of the United Nations Framework Convention on Climate Change (UNFCCC), as a contribution … September 14, 2009
With financial constraints on the minds of meetings industry pundits and politicians alike, the burning topic at the seventh IMEX Politicians' Forum was the role meetings play in stimulating economic recovery. But the meetings professionals also understood … July 30, 2009
Ahead of the UN Conference on Climate Change in Copenhagen, Denmark (December 2009), UNWTO has joined several UN agencies to release an Interagency Statement of the United Nations System: "Green Economy: A Transformation to Address Multiple Crises." This … June 29, 2009
"Transforming Economies" and "Removing Barriers Towards Global Integration through Travel & Tourism" are two of the main themes of the 9th Global Travel and Tourism Summit, which is being organized under the patronage of His Excellency Luiz Inácio Lula … April 30, 2009
DUBAI, UAE – Mr. Khalaf Al Habtoor, chairman of Al Habtoor Group of Companies, welcomed on Tuesday, April 7, 2009, Mr. Jerome Chartier, member of the French parliament, department of Val d’Oise. During the visit, discussions focused on the current … April 13, 2009
Travel and tourism has always been a vital part of America’s economy, and it continues to be so even during these difficult economic times. Even though many Americans are cutting back on leisure travel, many are still taking specialized vacations including … February 19, 2009
Despite economic turbulence worldwide, the Asia Pacific tourism industry has received a welcome boost from data contained in the Visa and the Pacific Asia Travel Association (PATA) Asia Pacific Travel Intentions Survey "Determining Travel Preferences … February 16, 2009
NEW YORK, USA / MADRID, Spain - Despite the evolving global recession, there is a real opportunity if world leaders succeed in aligning short-term response to the economic meltdown; medium-term response to the development agenda; and long-term response … January 26, 2009
The Travel Professionals of Color National Association is moving forward with exciting plans for its 7th annual conference to be held in Buffalo, New York from May 14 – 17, 2009. In view of the present economy, training centered on this year’s theme, … January 6, 2009
LONDON, UK/MADRID, Spain - The latest edition of the UNWTO World Tourism Barometer confirms the rapid slowdown of international tourism growth since mid-2008, reflecting the impact of rising oil prices at the beginning of the year and the deterioration … November 10, 2008
MADRID - Faced with growing, economic uncertainty, UNWTO is examining how the tourism sector can respond effectively while building new frameworks to adapt to climate change and development imperatives. This will be the focus of the Global Ministers' … November 6, 2008
More than 100 government Tourism Ministers and senior aides will meet at World Travel Market this year to examine the impact of the current economic meltdown. They will look at its impact on the pressing global industry issues of poverty reduction, sustainability … October 9, 2008
Sri Lanka Tourism Promotions Bureau led an initiative to revive tourism and, through it, the economy of Hikkaduwa paid off with over 10,000 people converging in the one-time popular costal resort town.
The overwhelming response to the five-day Hikkaduwa … August 12, 2008