NORTH EAST TOURISM
VP Jagdeep Dhankhar questions whether the freefall of information that has no factual foundation should be allowed on public platforms
Vice-President Jagdeep Dhankhar emphasized the North-East's contribution to national unity and development, highlighting the success of the Look East and Act East Policy. He stressed the importance of informed youth and skilling for India's progress. Dhankhar lauded Meghalaya's potential for growth through tourism and skilled human resources.
Hurricane Helene death toll now at least 166 as US President Joe Biden plans to visit ravaged Carolinas
President Joe Biden will visit North and South Carolina to assess the devastation from Hurricane Helene. The storm killed at least 166 people and left many without basic services. Efforts are ongoing to find unaccounted residents and to restore power and cellular service. Immediate action is necessary to help the affected communities recover.
Arunachal Pradesh CM advocates sustainable high-end tourism on World Tourism Day
Arunachal Pradesh Chief Minister Pema Khandu emphasized sustainable tourism to preserve the state's biodiversity and culture. He announced a new Tourism Policy focusing on high-end tourism, infrastructure for adventure sports, and community involvement. The state aims to attract investments and provide employment opportunities while promoting local heritage.
China is striking deals to cement its role as Asia's trade hub
China is advancing its goal to become Asia's trade and transportation hub by planning rail lines across Central Asia and Vietnam, and seeking to reopen a port on the Sea of Japan. These initiatives face challenges, including political volatility in neighboring countries and labor shortages in Russia due to the Ukraine war.
Naturewings Holidays shares debut with 28% premium on BSE SME platform
Naturewings Holidays shares made a strong debut on the BSE SME platform, listing at Rs 95, a 28.4% premium over the issue price of Rs 74. The IPO saw robust investor interest with a subscription rate of 300 times. The funds will be used for working capital, marketing, and corporate purposes.
It is better to look beyond hotel stocks to capture the full spectrum of travel spending: 17 stocks from the whole tourism ecosystem
While there can be a debate on whether, after the run up that hotel stocks saw in the last three years, are they cheap or not, and whether one should buy them now. But when it comes to tourism and the possibility that it will grow at a much faster rate, there is little room for debate. Now the question is if one buys only one set of stocks, for example hotel stocks, they come with their own plus and minus, right from the business risk of that industry to the fact that in tourism business, there are many segments, so there is a premium segment, there are travelers who travels by train and stay in medium size hotel which are not even listed. But then he has spent money in booking his ticket which has been captured on a railways ticketing platform. So, why not have that railway ticketing platform in a small portion of the portfolio.
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Overseas tourism boards, hospitality & travel companies focus on Tier-II, -III cities on growing interest
Outbound travel from India's tier-two and tier-three cities is surging, prompting global tourism boards and travel companies to target these emerging markets. Dubai is expanding flight connections to 23 Indian cities, recognizing their growing potential for outbound tourism. Singapore has noted a significant increase in Indian visitors, with tier-two cities like Jaipur and Coimbatore becoming key markets.
Making money from travel hungry Indians, just hotel stocks or more? 13 stocks from the whole tourism ecosystem
Look at the advertisement by a real estate company, selling plots in and around Ayodhya, probably you would be surprised. This is what tourism can do to the ecosystem of the city. Tourism is and will remain one of the focus areas of the government, so a continued policy push. The air connectivity which has increased multifold in the last few years is an indication of that. Now how does one take advantage of spending which is being done on the whole tourism sector. Hotel stocks are a very obvious way of doing it and they have also moved up sharply. However, when an investor takes exposure only in a hotel stock, he is taking exposure to high end leisure and business tourism only. There are travelers who travel by train and stay in medium size hotels which are not even listed. How does one take exposure to that traveler ? By taking exposure to a broad set of stocks which form a part of the tourism ecosystem.
Student bodies express concern over Assam tourist vehicles being stopped in Meghalaya
At least 10 pro-ILP activists were arrested after they tried to prevent tourists from visiting Sohra and Dawki in Meghalaya's East Khasi Hills district on Friday.
Arunachal Pradesh to come up with new wellness tourism policy
Arunachal Pradesh presented a Rs 993.08-crore deficit budget for 2024-25, with a focus on youth empowerment, infrastructure, urban development, and niche tourism. The government will fund 75% of Commercial Pilot License training costs and aims to establish the state as a healing and wellness hub.
PM Modi’s vision of ‘Purvodaya’ for North East would be the gateway of India’s progress: Jyotiraditya Scindia
Jyotiraditya Scindia, Minister of Development of North Eastern Region (DoNER) and Communications, highlighted Prime Minister Narendra Modi’s ‘Purvodaya’ vision during his visit to Assam and Meghalaya. He emphasized the region's progress in social development, health, education, sports, tourism, and industry under the NDA government in the last decade. Scindia noted the region's rich resources like bamboo and agarwood, highlighting their potential for development.
My role as DoNER minister is to translate aspirations of states into reality: Scindia
Development of North Eastern Region Minister Jyotiraditya M Scindia aims to facilitate the realisation of states' aspirations, emphasising showcasing the region's rich heritage and natural resources. He highlights increased budgetary outlay, infrastructure developments, and advancements in social sectors over the past decade. Scindia plans to meet with Meghalaya Chief Minister to discuss tailored development strategies, combining direct DoNER schemes with initiatives from other ministries to leverage the state's strengths.
Putin is meeting a lot of world leaders for a global ‘outcast’
President Putin has been actively engaging in diplomatic meetings with various world leaders since May. His recent interactions with leaders from China, India, Hungary, Turkey, North Korea, and other nations indicate a strategic effort to strengthen alliances and expand Russia's global influence.
Spend on the world like never before
Indians drive outbound remittances, preferring foreign airlines due to underdeveloped domestic industry. Improving connectivity and tourism infrastructure is vital to boost domestic tourism. Developing skills and promoting gender-neutral employment are crucial for growth in the travel and hospitality sector.
HM Amit Shah suggests creation of large ponds in northeast, use of ISRO data for flood control
Union Home Minister Amit Shah has proposed the creation of at least 50 large ponds in the northeast to divert water from the Brahmaputra River, aiming to help tackle floods and develop agriculture, irrigation, and tourism. He also highlighted the importance of using satellite imagery provided by the Indian Space Research Organisation (ISRO) for flood and water management. Shah also highlighted the need to upgrade the forecast system of river water levels for better flood management.
Is buying just hotel stocks better or a collection of stocks which gain from travel hungry Indians? 17 stocks from the whole tourism ecosystem
There can be a debate on whether, after the run up that hotel stocks saw in the last three years, are they cheap or not, and whether one should buy them now. But when it comes to tourism and the possibility that it will grow at a much faster rate, there is little room for debate. Now the question is if one buys only one set of stocks, for example hotel stocks, they come with their own plus and minus, right from the business risk of that industry to the fact that in tourism business, there are many segments, so there is a premium segment, there are travelers who travels by train and stay in medium size hotel which are not even listed. But then he has spent money in booking his ticket which has been captured on a railways ticketing platform. So, why not have that railway ticketing platform in a small portion of the portfolio.
IIM Shillong organises programme for district tourism officers of Arunachal Pradesh
This programme, held at the IIM Shillong Satellite Centre in Tawang, marks a pivotal step towards fostering professional growth, driving economic advancement, and advocating sustainable tourism practices across the state.
Russia President Vladimir Putin makes a rare visit to North Korea, an old ally
Putin was met at Pyongyang's airport by North Korean leader Kim Jong Un. They shook hands and embraced, and Kim later joined Putin in his car to personally guide him to Pyongyang's Kumsusan State Guest House, North Korea's official Korean Central News Agency said.
Hotels up hiring game: About 100,000 jobs likely to be created in 12-18 months
Hotels across segments are ramping up their workforce as they are adding more rooms and entering new markets amid a strong pickup in business and leisure travel. The jobs they are recruiting for are a mix of permanent, temporary and gig, said Balasubramanian A, vice president and head of consumer, hospitality and ecommerce at TeamLease.
80% reduction in insurgency in North-East: Nadda
BJP president JP Nadda said around 66% areas of the region are now free from coverage of the Armed Forces (Special power) Act (AFSPA). The Northeast, which was earlier known for its bandh culture, insurgency and targeted killings, has made rapid progress in the last ten years, he said.
Arunachal Pradesh becomes first state in North East to achieve 100% saturation under JJM
Arunachal Pradesh became the first state in India to achieve 100% saturation in the implementation of the Jal Jeevan Mission (JJM) program. Chief Minister Pema Khandu congratulated the state Department of Public Health Engineering (PHED) and village water and sanitation committees for their efforts. When JJM was launched by the Prime Minister in 2019, Khandu revealed that only 20989 households in the state had Functional Household Tap Connection (FHTC) and today, after successful execution of the mission, 2.9 lakh households have FHTC.
Investment is a priority for Assam, 17 MOUs worth Rs 11,753 cr in the pipeline: Additional Chief Secretary of the state
Ravi Kota, Additional Chief Secretary of Assam, emphasized the priority of investment for Assam and the North-East, with 70 MOUs worth 11,543 crores in the pipeline, including a significant investment in the solar energy sector and the establishment of a semiconductor plant in Nagaon. Abhishek Singh, Joint Secretary of the Ministry of External Affairs, highlighted the 26-billion-dollar PLI initiative and the Prime Minister's Gati Shakti scheme.
Union Minister Sarbananda Sonowal launches major projects for development of waterways, unveils projects worth Rs 308 crores for North East India
Sonowal inaugurated Passenger-cum-Cargo terminal at Bogibeel near Dibrugarh, Inland Water Transport Terminal at Sonamura in Tripura and upgraded terminals at Karimganj & Badarpur in Assam. This terminal will play a pivotal role in rejuvenating IWT in the region for both cargo and passenger movement, paving the way for growth of trade & commerce.
India-Japan-Bangladesh brainstorm connectivity projects & value chains in Bay of Bengal
Representatives from Japanese institutions JICA and JETRO shared ideas for strengthening connectivity in the Bay of Bengal region. Northeast Indian MPs and political leaders proposed leveraging Japanese technology. Ministers Lalnghinglova Hmar and Paul Lyngdoh emphasized attracting investments and promoting people-to-people connectivity. The conclave was organized by Asian Confluence.
Manoj Bajpayee wants to shoot 'The Family Man' sequel in North East India
Bajpayee had earlier shared that shooting for the much-awaited third season of the series will begin in February-end, and it will be mostly shot in the Northeast.
IHCL unveils Vivanta in Tawang, Arunachal Pradesh
Indian Hotels Company is set to open a new Vivanta hotel in Tawang. Tawang is a short drive away from the Tawang Monastery, the second largest in the world. The hotel has 80 rooms and suites and other offerings include all-day diner Mynt, lounge bar Wink, and the deli Swirl.
Singapore Tourism Board names Markus Tan as regional director, India, Middle East, South Asia, and Africa
Tan is a veteran of STB, having dedicated 18 years to the organisation in various roles. Prior to this appointment, he served as the director for World Expo and led the whole-of-government efforts to conceptualise, develop, and operate the Singapore Pavilion at Osaka World Expo 2025. From 2015 to 2022, he was based in Tokyo, Japan, as the regional director for North Asia, overseeing STB operations in Japan and the Republic of Korea.
US-India strategic partnership forum explores investments in North Bengal and North East
The United States-India Strategic Partnership Forum delegation are in Kurseong and Darjeeling and are exploring investment opportunities in the region that is renowned for its potential in the tea industry, tourism, and various other sectors.
Immense scope for investment, trade between India and Vietnam: Ambassador
The trade between the two nations has seen a steady growth pattern with $15 billion in total trade. Here, India's share of exports is about $7 billion.
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