Finance
IATA: Governments blocked US$1.7 billion in airline funds
The International Air Transport Association (IATA) reports several governments have blocked up to $1.7 billion in airline funds from repatriation as of the end of October 2024.
JCB and Kobe Tourism Bureau to develop Indonesia-centric tourism promotion strategies
JCB Co Ltd formally signed a Memorandum of Understanding with the Kobe Tourism Bureau to promote inbound tourism to Japan from Indonesia.
KKday raises US$70 million for global expansion
Innovative online travel platform KKday announced that it has raised about $70 million in funding, marking a significant milestone in the company's global expansion strategy.
Tourism Malaysia launches its 2024 Malaysia Year-End Sales Campaign
Tourism Malaysia’s 2024 Malaysia Year-End Sales (MYES 2024) campaign is currently in full swing and is on until 1st January 2025.
ATIA upholds commitment to safeguard members’ data
The Australian Travel Industry Association (ATIA) reaffirms its commitment to safeguarding the sensitive financial data of its members in light of ongoing preparations for the FY24 accreditation-renewal period.
ForwardKeys announces plans to produce regular travel retail intelligence
Global travel analyst ForwardKeys announced a new partnership with The Moodie Davitt Report to produce regular business intelligence to serve partners across the travel retail ecosystem.
Pavilion Kuala Lumpur teams up with Alipay+ and Tourism Malaysia for Malaysia Year-End Sale
Pavilion Kuala Lumpur teamed up with Alipay+ and Tourism Malaysia for the highly-anticipated return of the nationwide Malaysia Year-End Sale.
Mastercard Academy launches online course
Mastercard Academy, one of the leading providers of world-class training solutions in the payments space, has unveiled a free online financial literacy course: ‘Master Your Card: Finance Demystified’.
Maxamation’s Aviator system boosts fastjet’s revenues
Africa’s leading low-cost airline fastjet is currently reaping the benefits of using Maxamation’s Aviator revenue management systems.
MakeMyTrip introduces multi-currency payment options
MakeMyTrip recently announced its compliance with GDPR, enabling accessibility to the MMT Platform from more than 150 countries.
GlobalData reports 10 percent decrease in travel and tourism deal activity
GlobalData released it's most recent report on global travel and tourism deal activity, noting a 10.4 percent year-on-year decrease in merger and acquisition activities.
Alipay joins Nihao! China Tourism Partnership Programme
Alipay announced the launch of a China Travel Voucher Pack for international travelers in collaboration with several partners, including online
Cambodian tourism minister makes courtesy call to Shanxi’s director-general of foreign affairs
Cambodian minister of tourism Hout Hak was recently in China for a courtesy call with Dong Xiaolin, director-general of the People’s Government of Shanxi Province’s Foreign Affairs Office last 14th November.
Indonesia seeks to boost tourism sector’s contribution to national economy
Indonesia’s minister for national development planning declared that the government seeks to amp up the contribution of the tourism sector to the country’s economy.
Indonesian government invites UAE to invest in Indo tourism
The Indonesian government has called upon the United Arab Emirates to invest in Indonesia’s evolving tourism sector.
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