Finance

All Nippon Airways’ parent firm ANA Holdings recently acquired the remaining seven percent stake in Osaka-based low-cost carrier Peach Aviation from First Eastern Aviation Holdings in Hong Kong.

Capital A Berhad submitted its Proposed Regularisation Plan to Bursa Malaysia Securities Berhad on 23rd December.

The South Korean government held a press briefing at 9:30am, BKK time, today, 30th December, announcing the pending investigation into the safety practices of low-cost carrier Jeju Air following the deadly crash yesterday, 29th December, at Muan International Airport.

Japan Airlines Co, Ltd (JAL) announced its investment in California-based decarbonisation developer Heirloom Carbon Technologies, Inc.

The International Air Transport Association (IATA) announced its financial outlook for the global airline industry in 2025, which shows a slight strengthening of profitability amid ongoing cost and supply chain challenges.  

Japan’s JCB International Co Ltd announced that JCB Cards may now be accepted for paying the Electronic Travel Authorisation (ETA) application fee for JCB Cardmembers travelling to the United Kingdom (UK). 

The Mexican government announced that changes to its Federal Law of Rights tax aimed at cruise passengers has been put off until June 2025.

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 Co Ltd formally signed a Memorandum of Understanding with the Kobe Tourism Bureau to promote inbound tourism to Japan from Indonesia. 

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’s 2024 Malaysia Year-End Sales (MYES 2024) campaign is currently in full swing and is on until 1st January 2025.

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.

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 teamed up with Alipay+ and Tourism Malaysia for the highly-anticipated return of the nationwide Malaysia Year-End Sale.

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’.

Africa’s leading low-cost airline fastjet is currently reaping the benefits of using Maxamation’s Aviator revenue management systems.

MakeMyTrip recently announced its compliance with GDPR, enabling accessibility to the MMT Platform from more than 150 countries.

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 announced the launch of a China Travel Voucher Pack for international travelers in collaboration with several partners, including online travel agencies Fliggy and DiDi, today, 26th November. This is part of the Nihao! China Tourism Partnership Programme initiated by the Network of International Culturalink Entities of the Ministry of Culture and Tourism of China. […]

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.