Tag: deficit

Oman seeks to ‘diversify economy’ by jacking up taxes on booze, meat, tobacco and energy drinks

Chief Assignment Editor Chief Assignment Editor- June 13, 2019 16:15

Beginning June 15th, pork meat, tobacco, and alcohol as well as energy drinks in Oman will be subject to a 100-percent tax, with carbonated drinks subject to a 50-percent levy. ... Read More

‘Super Power’ artwork on display at Heathrow Airport

Chief Assignment Editor Chief Assignment Editor- June 13, 2019 15:14

A canopy of brightly coloured umbrellas has appeared at Heathrow as part of an initiative to raise awareness of neuro-developmental disorders, including Attention Deficit Hyperactivity Disorder (ADHD), autism, Dyslexia, Dyscalculia ... Read More

U.S. Travel Association: Holds IPW Press Conference and you’re there

editor editor- June 5, 2019 00:18

Roger Dow, U.S. Travel Association President and CEO was the first to speak at the U.S. Travel Association’s IPW Press Conference held at the 51st edition held on Tuesday, June ... Read More

Reimagining tourism for the future

Chief Assignment Editor Chief Assignment Editor- March 22, 2019 17:06

In the last decade or so, tourism has positioned itself as a critical variable in the development planning space and the development discourse globally. Today businesses, governments, international organizations as ... Read More

Weak yen drives South Korea’s tourism deficit to record heights

editor editor- May 14, 2013 09:31

SEOUL, South Korea - South Korea's tourism deficit touched a seven-quarter high in the first quarter due to the Japanese yen's fall versus the local currency, data showed Tuesday, with ... Read More

US tourism increasing its trade surplus

editor editor- August 26, 2010 02:32

While the latest figures show the overall U.S. trade deficit at almost $50 billion in the month of June, at least one sector, tourism, is increasing its trade surplus. Read More

China expected to show first ever tourism deficit

editor editor- January 19, 2010 07:24

China's statistics from 2009 are expected to show its first deficit in tourism, due to a weak global economy and a strong travel incentives at home, a senior researcher said. Read More

O’Hare airport expansion moving forward despite economic woes

editor editor- January 17, 2009 04:49

CHICAGO, IL - As city workers fear job cuts and suffer furloughs, the O'Hare Modernization Project is still moving forward. Read More

Strong dollar blamed for soaring travel deficit

editor editor- August 26, 2008 02:38

OTTAWA - Canada's strong dollar has contributed to a more than sixfold increase in Canada's travel deficit and there's no relief in sight, a report prepared for the Canadian Tourism ... Read More