Nepal: Nepal drops the price of Mount Everest climbing permits

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

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.

South Asian countries building connections

2017/06/27 The Bangladesh, Bhutan, India and Nepal (BBIN) sub-regional grouping has realised that narrowing connectivity gaps is a must for facilitating regional trade. Improved connectivity, which the South Asian Association for Regional Cooperation (SAARC) is only making slow evolution on, is essential to providing cheaper access to goods and services, creating additional jobs and from presently on helping to alleviate poverty at a faster rate. The BBIN initiative, as such, has emphasised building connectivity from its beginning. Its vision involves increasing trade and cooperation within eastern South Asia, ensuring faster movements of goods and people, building sustainable development through water resource management and striving for climate protection.

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

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.

Finance Minister of the Year 2016

2016/01/10 Finance Minister of the Year 2016 awards celebrate the officials that have best managed to stimulate increase and stabilise their economy. Global and Asia-Pacific Ram Sharan Mahat, former finance minister, Nepal Ram Sharan Mahat receives The Banker’s World and Asia-Pacific Finance Minister of the Year awards for his exemplary work in the aftermath of the two disastrous earthquakes that hit Nepal in 2015 and in pushing for reforms to improve governance in the country’s ministry of finance.