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Articles tagged “economy”

Airlines

Air traffic grows in Middle East and Latin America despite global stagnation

Both global and domestic air travel growth remained weak this August with exceptions for Middle Eastern carriers in the international market, and domestic market growth in both China and Brazil.

Tourism

Singapore’s hotel industry continues to grow despite floundering economy

Singapore has positioned itself as a leisure destination and business hub for Southeast Asia and is reaping the benefits of location and utility that will continue to make the country's hoteliers very wealthy.

Singapore’s hotel industry continues to grow despite floundering economy

Tourism

Brazil is relying on private investors to improve its roads, railways, and ports

With an Olympics and the World Cup coming up soon, Brazil will be in a precarious position should no company want to risk taking on its ailing infrastructure issues.

Cruises

Maine’s congresswoman asks cruise ships to buy local lobsters to boost economy

Cruise ships could provide a huge boost to the local economies they visit by buying fresh local produce and seafood -- a boost that many cruise stops from Maine to the Caribbean islands desperately need.

Tourism

Olympics only give host’s economy a short-term boost

Goldman Sachs predicts that any boost to UK's economy in Q3 will even out in Q4. The intangible benefits of hosting, though, may be tempered this year by banking scandals and the UK's general sluggishness.