Nikodem Szumilo, associate professor of economics and finance of the built environment at UCL, says the growth of the global tourist industry is partly due to the rise of digital services. “The most recent development in the industry was a small revolution of online reviews and online bookings which reduced prices but increased satisfaction,” he says. “This means that more people travel more often.” … [Read more...] about Global tourism hits record highs – but who goes where on holiday?
Record high growth
The European Union statistics agency Eurostat confirmed that the population within Europe had increased from 512.4 million to 513.5 million in 2018, the second year in a row the population of the continent has increased despite lower birthrates than death rates, Il Giornale reports. … [Read more...] about European Population Growth Continues to Be Driven by Mass Migration
Asia Pacific Smart TV market is witnessed with strong growth rate due to increasing disposable income of people and initiatives taken by leading manufacturers in Asia Pacific region. In SEA and particularly in Vietnam, TV brands have been changing from analog TV to smart TV and AIoTV (Artificial Intelligence - Internet of Things -- TV). On the first half of 2020, smart TV market became one of the most popular trending of digital device market with many options ranking from cheap to high-end qualities. … [Read more...] about Coocaa S6G TV breaks e-commerce live streaming record on Lazada Vietnam with 1000 in sales
New Delhi: The growth of India’s infrastructure industries slowed to an 18-month low in December, brought down by coal, crude and fertilisers, data released by the commerce and industry ministry showed Thursday. The index of eight core industries rose 2.6% in December, the lowest since a 1% expansion recorded in June 2017. The core sector had grown 3.4% in November 2018 and 3.8% in December 2017. The eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, constitute 40.27% of the total industrial production. The latest data suggest a moderation in industrial growth going ahead. In November, industrial production growth had slowed to a 17-month low of 0.47%. “Based on the core sector growth this month (December), we are expecting industrial output (measured by IIP) to grow by around 2.5% in Dec’18, with a downward bias due to a high base effect,” CARE Ratings said in a note. The industrial … [Read more...] about Core sector output growth slows to 2.6% in December 2018
“It leaves quarterly growth in Q2 tracking at the high end of the scenarios that (the Bank of Canada) laid out in their last Monetary Policy Report. But the big question is how fast can the recovery be and there are wide uncertainty bands around how fast that can be, and that depends not just on economics but also on the spread of the virus and whether and how long containment measures need to remain in place... The Bank of Canada is going to keep piling liquidity into the system as much as necessary to make sure you’re not adding financial credit shock on top of what’s already a really severe economic shock. … [Read more...] about Instant View: Canada’s GDP growth in April plunged by a record 11% from March