KTM Virtual 2021 meet to be held from March 1 to March 5 By TBM Staff | Mumbai
Kerala Chief Minister Pinarayi Vijayan will inaugurate the March 1-5 virtual Kerala Travel Mart 2021 (KTM), an event hat will give an aggressive push to the stateâs tourism that suffered a huge blow in the wake of the COVID pandemic but is now showing signs of resurgence.
This is for the first time that the event, which ensures a stellar convergence of domestic and foreign buyers in the vital sector, is being held virtually and in strict observance of the pandemic protocols.
Tourism Minister Kadakampally Surendran will chair the inaugural function at the Uday Palace Convention Centre at Kowdiar in the heart of the city on February 28 at 7.30 pm. Finance Minister Dr T M Thomas Isaac will be the chief guest at the ceremony being organised by KTM Society, which is Indiaâs biggest organisation in the travel and tourism segment.
Covid 19 coronavirus: Bay of Plenty business leaders and owners reeling
28 Feb, 2021 06:15 AM
7 minutes to read
The hospitality and tourism sectors are expected to be hardest hit with the new alert levels. Photo / Getty Images
The hospitality and tourism sectors are expected to be hardest hit with the new alert levels. Photo / Getty Images
Soul-destroying, more business closures, more job losses, immense pressure and financial stress. These are some of the comments from Bay business leaders as the region comes to grips with another stint at alert level 2.
Tauranga is expected to fare much better than Rotorua but the impacts would hit tourism and hospitality the most - with tens of thousands of dollars of bookings being cancelled.
FBD building, Bluebell.
FBD Insurance posted a loss of €4.4m in its core insurance underwriting business for 2020, as a result of the recent High Court ruling, which stated that the insurer must pay out business interruption claims made by publicans after the COVID-19 restrictions forced the closure of their premises.
Announcing full year results for 2020 on Friday morning, FBD said it expects the net cost of paying out all business interruption claims made by Irish publicans to be in the region of €65m.
Despite the reported underwriting loss, FBD’s full year results for 2020 are much better than expected. Market analysts had forecast underwriting losses to be as high as €14m.
United Overseas Bank Ltd reported a 32% fall in quarterly profit as Singapore s smallest listed bank said its net interest income declined and credit losses swelled. Just like its larger peers. | March 2, 2021
Air New Zealand CEO Greg Foran can see light at the end of the Covid tunnel
25 Feb, 2021 04:38 AM
4 minutes to read
Air New Zealand aircraft parked up on the tarmac during the Covid-19 level 3 lockdown. Photo / Brett Phibbs
Air New Zealand aircraft parked up on the tarmac during the Covid-19 level 3 lockdown. Photo / Brett Phibbs
Duncan Bridgeman is head of premium business content for the New Zealand Heraldduncan.bridgeman@nzherald.co.nz@Dunc1000
Air New Zealand boss Greg Foran says he can see light at the end of the Covid tunnel even as the airline projects more significant losses to come.