Eco-tourism creates ecological and economic benefits

According to the World Travel and Tourism Council, one in 10 people are employed in the travel and tourism industry world-wide, making up 10% of the global economy.

Nature-based tourism has proved to be lucrative for many countries. Tourism in Africa is predicted to generate more than USD260 billion annually by 2030. Some countries protect endangered species and many acres of nature reserves through tourism.

Can nature-based tourism help conserve species on the verge of extinction?

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USAID helps African women improve rice farming skills

Women farmers in Africa are quietly learning new technologies to increase their crop yield. For this, training is being provided in different rice farming technologies targeting three groups from the Saakoba Gbugli, Kukuo and Yipelgu communities. Successfully implemented in 15 West Africa states, the United States Agency for International Development (USAID) initiative – through the Agriculture Technology Transfer project – will enable farmers to increase productivity. These groups were exposed to technologies for weed control, rows transplanting and the application of briquetted urea fertilizer on rice farms. The program has been a success so far due to NGO intervention efforts (on behalf of USAID) to overcome challenges. For instance, farmers are now aware of the correct way to apply fertilizer and methods to increase productivity levels through in-depth training sessions. Asia already benefitted from a Green revolution in the 1960s which enabled it to feed over 50%

How will policies affect the construction industry?

- Mr. Japnit Singh, Senior Director, Singapore and India, Spire Research and Consulting India, as the world’s seventh largest country by area and second biggest by population, is one of the most dynamically growing, but largely untapped construction equipment markets. From 2013 to 2020, it is estimated to grow six times to a size of USD20 billion to USD25 billion. The Planning Commission, Government of India, jointly with the Indian construction industry has set up Construction Industry Development Council (CIDC) to take up activities for the development of the Indian construction industry. The Council, for the first time in the country, provides the impetus and organizational infrastructure to raise quality levels across the industry. This helps to secure wider appreciation of the interests of construction business by the government, industry and peer groups in society. CIDC is a change agent to accelerate a process of self-reform that should enable the industry to

Digital banking in Singapore

What will be the impact of digital banks in Singapore? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights in Business Times – Singapore. More and more countries worldwide are issuing full bank licenses to digital-only banks. The competition from digital banks is being seen as a favorable development for the consumer. Digital banks with fewer physical branches and Automated Teller Machines to maintain could incur lower costs that could be passed onto the consumer. However, Perera highlighted that non-bank players entering the regulated banking space would need to learn a great deal in terms of maintaining cyber- security and managing financial risks. To overcome these challenges, regulators should work closely with licensed digital banks while also helping digital-only banks domiciled in Singapore to grow regionally. Get more information : https://www.spireresearch.com/newsroom/media/digital-banking-in-singapore/

Turkey: A rising economic power

The Middle East is sometimes viewed as an economic failure story. But at the Western fringe of that region, a new global economic powerhouse is rising – Turkey, the transcontinental country positioned strategically between Asia and Europe. With a Gross Domestic Product (GDP) of USD786 billion for 2014, the nation opens its doors to investment across multiple sectors. Will Turkey continue to be a safe haven for investment and can it be a springboard into Europe and the Middle East? Turkey’s steady progression The 1980’s marked a turning point in Turkey’s history. The liberalizing reforms by visionary Prime Minister, Turgut Ozal opened up the economy. Even though the latter years were marred by economic disruption, the Kurdish conflict and a banking crisis, Turkey’s economy consolidated its gains after 2002 when the Justice and Development Party (AKP) came into government. The AKP have since made concerted efforts to institute structural reforms, new fiscal policies and macroe

Spire runs CSR activity with SCS beneficiaries at SuperPark Singapore

Spire Singapore collaborated with the Singapore Children’s Society (SCS) on its CSR activity for the ninth consecutive year. The beneficiaries took part in fun and interactive activities at an indoor park. Spire Singapore took beneficiaries of the Singapore Children’s Society to an excursion to SuperPark at Suntec City, an indoor playground with Finnish roots. Children explored various areas of activities. Children engaged in fun activities which included pedal car racing, street basketball, trampolines and even the climbing wall! The hustle and bustle ended when the children enjoyed lunch before heading home. Spire is immensely proud to support the amazing work of the Singapore Children’s Society, our CSR partner. Read more: https://www.spireresearch.com/newsroom/events/spire-runs-csr-activity-with-scs-beneficiaries-at-superpark-singapore/

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