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Economy
South Korea’s card payments market to reach $1.1 trillion by 2029 amid government efforts to promote cashless transactions
The market is expected to reach KRW1,510.2 trillion ($1.1 trillion) by 2029, supported by the country’s exceptionally high card penetration, robust payments infrastructure, and continued government efforts to promote cashless transactions
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Technology
Features
‘Jollof Wars’ in West Africa: Economic reforms in Nigeria and Ghana are stirring the pot
Significant competition between the two nations is unfolding over economic reforms resulting from political transitions
Pioneering the electric dream: How Chinese EVs herald a shift in global manufacturing’s balance of power
EV penetration levels reached up to 67.9 percent in Shenzhen in 2023, nearly double the national average of 35.7 percent
Lifestyle
Sri Lanka to introduce visa fee waiver for 40 nations in major tourism push
Sri Lanka has set an ambitious target of drawing 3 million tourists and generating $5 billion in tourism revenue in 2025
China logs 110 million inbound, outbound travelers in July and August 2024
On August 24, China logged the highest daily number of inbound and outbound travelers at nearly 2.24 million
