by admin | Aug 31, 2025 | business, controversies, politics, politics and government, tourists
A picturesque alpine village is experiencing the impact of the President
Donald Trump
‘s
disagreement with his colleagues in Canada.
Whitefish,
Montana
depends largely on tourism from
Canada
To boost local employment, assist independent enterprises, and preserve the essence of the community.
“Tourism influences almost all aspects of life around here,” said Zak Anderson, executive director of Explore Whitefish.
told the Missoulian
situated only one mile away from the U.S.-Canada boundary.
It’s what ensures our restaurants remain packed, our accommodations lively, and our local enterprises flourishing.
However, as Trump increased his criticism of Canada by advocating for the nation to align with the U.S. and introducing additional taxes on steel and aluminum,
Canadian tourism is down
increased by 25% in Whitefish
Canadian tourists have consistently been among our most regular visitors,” Anderson said. “When they stop coming, the effect is considerable.
He currently attributes the decline in tourist numbers to Trump’s tariff warnings and changes in border regulations, stating: “It’s not that Canadians aren’t interested in visiting Montana, but rather that they’re worried about what to anticipate, and whether they will be made to feel at home.”
Certain individuals might be familiar with accounts of travelers being ensnared by U.S. immigration authorities during Trump’s extensive removal campaigns, prompting the Canadian government to update its guidance for residents traveling to America.



It stated that tourists are required to “cooperate fully and provide honest information during all communications with immigration officials” and cautioned that guests “might be held temporarily until transport arrangements are made.”
The United States has continued onwards
The United States has onward moved
The United States has progressed thereafter
The United States has carried on subsequently
The United States has advanced forward
The United States has proceeded from then on
The United States has kept going after that
The United States has maintained progress afterwards
The United States has persisted beyond that point
The United States has gone ahead since then
fired back with its own direction
for Americans traveling to the neighboring north, a caution regarding the nation’s continuous issues with forest fires.
However, as Trump and Canadian Prime Minister Mark Carney keep exchanging criticisms, Anderson mentioned that Whitefish is facing difficulties.
Companies making hiring and resource allocation choices several months ahead of the typical peak summer travel period are now struggling fiercely to stay afloat, he stated.
Many small enterprises, such as eateries, operate with minimal profit margins,” Anderson stated. “Therefore, when costs for almost all items rise, it becomes more challenging to remain financially viable, irrespective of changes in customer traffic.
The rise in local tourism throughout the busy summer season also failed to assist, according to Anderson.
“Many of our U.S. guests stay for shorter periods, while Canadians have traditionally returned repeatedly—particularly during the off-peak season when our establishments require this the most,” he stated.
The unpredictability of the market is fueling a ‘highly seasonal’ pattern that proves harder to maintain.

Meanwhile, cities such as Whitefish and adjacent Kalispell are experiencing staff cuts at Glacier National Park despite almost record levels of visitors.
A national park that attracts 44 percent of Montana’s visitors has seen approximately one-quarter of its workforce leave because of budget efficiency measures, voluntary separation programs, and a recruitment halt implemented earlier this year,
NPR reports.
Guests are currently experiencing limited facilities within the park, impacting various aspects such as path availability, vehicle control, and also toilet upkeep.
This is placing greater pressure on Whitefish to fulfill the needs of visitors to the park.
“Communities in Montana are strong, yet as regulations continue to shift, it grows more difficult to prepare, invest, or develop for what lies ahead,” Anderson stated.
To encourage an increase in Canadian tourism, Glacier Country CEO Racene Friede initiated a promotional effort highlighting the long-standing connection between Montana and Canada,
World Travel and Tourism Reports
It aims to present Canadians not only as travelers but also as neighbors and companions.
“We keep informing Canadians that we look forward to welcoming them back when they feel prepared to return,” said Diane Medler, Executive Director of Discover Kalispell.
told The Travel
.
However, she stated, certain tourism offices within the state are pausing their advertisements in Canada due to the decline in international travel and Canadians’ generally unfavorable perception of the U.S.
“We require signs from both governments that transnational relationships and our business allies are important, and without such indication, no level of advertising will make a difference at this moment,” Medler stated.

It appears there is still reason for optimism, as Canadian Prime Minister Mark Carney stated on Friday that the nation has lifted numerous punitive tariffs on products imported from the United States.
He mentioned that the reduction, beginning September 1, will align with U.S. exceptions for products included in the United States-Mexico-Canada Agreement (USMCA).
“Canada now holds the most favorable trade agreement with the United States. Although it differs from our previous arrangement, it remains superior to those of all other countries,” Carney stated.
The premier mentioned that Trump’s dedication to the essence of USMCA ensures that the U.S. average tariff rate on Canadian products stays among its smallest, with more than 85% of Canada-U.S. trade remaining without tariffs.
This should assist in controlling costs across a range of items including timber and sea products, as well as alcoholic beverages and vehicle components.
For Americans, this shift goes beyond just having lower prices for products on store shelves and at gas stations. It also alleviates stress on companies depending on Canadian imports, such as those in construction and automotive industries, and helps prevent unexpected increases in costs.
Nevertheless, Canada’s 25% duties on U.S. vehicles, steel, and aluminum will continue for the time being – expenses that will impact Canadian buyers more significantly than their American counterparts.
Read more
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Canada under pressure! How are Trump’s trade warnings causing a significant decline in Canadian tourists visiting the United States?
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What role is Trump’s confrontational global approach playing in increasing Canadian tourists’ hesitation to travel to the U.S., as visits drop significantly?
-
In what ways is the U.S. travel sector dealing with the Canadian consumer strike caused by Trump’s controversial approaches?
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In what ways are Canadians responding to Trump’s claims of annexation, potentially affecting the U.S. tourism industry?
-
Might Trump’s daring proposal for a “51st State” and impending taxes cause problems, threatening U.S.-Canada ties and travel?
by admin | Aug 29, 2025 | business, equities, financial markets, news, stocks
Kathmandu, August 19 – On Tuesday, the Nepal Stock Exchange (Nepse) saw a slight increase, gaining 6.51 points to finish at 2,776.90. The key index went up by 0.23% compared to the prior day.
The stock exchange data reveal that the share prices of 142 companies advanced while 107 declined.
A total of 131.24 million shares were exchanged via 61,784 deals, totaling Rs5.63 billion.
The turnover was less compared to Monday, when transactions amounted to Rs6.17 billion.
All sectoral sub-indices posted gains, with life insurance, production and processing, development banks, investment, others, and trade groups leading the upward movement.
by admin | Aug 25, 2025 | business, exports, international economics, international trade, pakistan
August 10, Pakistan – Exports of services in Pakistan saw notable growth during the financial year 2025, amounting to $8.39 billion, largely driven by robust activity in telecom, computing, and information sectors. This represents an increase of 9.23% compared to the previous year’s figure of $7.68 billion, as reported by the Pakistan Bureau of Statistics (PBS). The rise indicates ongoing revival and development within the service industry, which has experienced continuous improvements since February 2024, with only a short drop of 6.5% recorded in August.
Service exports increased by 7.86% in rupees, amounting to Rs 2.345 trillion as opposed to Rs 2.174 trillion from the prior year. This upward movement remained consistent even amid changes in exchange rates, highlighting strength within the industry. Year-over-year figures for June showed an increase of 12.91%, with service exports totaling $726.68 million versus $643.59 million during June 2024. Much of this growth stems from tech-based services, which still hold a leading position in Pakistan’s export mix.
According to figures released by the State Bank of Pakistan, the telecommunications, computing, and information services sector—the biggest contributor among service exports—increased by 18.18% to reach $3.809 billion, compared to $3.223 billion in the previous year. Additional professional services saw an upward trend as well, with a growth rate of 7.35%, amounting to $1.665 billion. Meanwhile, export earnings from transportation services climbed by 27.86% to $982.0 million due to increased needs related to shipping and freight operations. On the contrary, revenue generated through travel-related services declined by 4.88%, settling at $721.0 million down from $758.0 million.
This expansion follows two years of modest progress, during which service exports increased by just 2.77% in FY2024 and 2.78% in FY2023. For FY2023, export values reached $7.30 billion, up from $7.10 billion in FY2022. The administration has established an aggressive objective of boosting IT exports to $15 billion over the coming five years, seeking to position the digital sector as a major catalyst for upcoming economic development.
On the import front, service imports grew by 2.01% during FY2025, rising to $11.02 billion from $10.79 billion in the previous fiscal year. Nevertheless, in June, imports fell significantly by 24.01% compared to the prior year, amounting to $851.56 million as opposed to $1.122 billion in the same period last year. Transportation fees experienced a minor decrease of 0.68%, totaling $4.645 billion, whereas travel imports went up by 6.17% to reach $2.406 billion, indicating higher levels of domestic tourism and international travel.
Although imports increased, Pakistan’s trade deficit in services decreased by 15.84% during fiscal year 2025, dropping to $2.618 billion from $3.11 billion in the previous year. The decline persisted in June, as the deficit fell by 73.9% compared to the same period last year, reaching $124.89 million versus $478.41 million in June 2024. This progress reflects the beneficial effect of robust exports alongside reduced expenditure on imports.
by admin | Aug 24, 2025 | business, government, internet access, news, politics
Released on, Aug. 19 — August 19, 2025 at 3:56 PM
Quetta – For the last two weeks, mobile internet access has been cut off throughout Balochistan, leading to significant challenges for students, independent workers, and e-commerce ventures. This interruption keeps affecting everyday activities, with no complete recovery expected yet.
As per local officials, the shutdown has been implemented because of safety issues and will continue until August 31. Authorities state that this action was taken to maintain public peace in critical regions of the province.
Residents highlight significant difficulties, particularly for students who cannot participate in virtual lessons, as well as independent workers whose income relies on consistent internet connectivity. Numerous individuals have urged the authorities to provide different options or limited recovery of services.
The Balochistan High Court has acknowledged the matter and instructed officials to review the complete prohibition. The judiciary has mandated the resumption of internet access in regions without any security risk, seeking to achieve harmony between safety measures and user accessibility.
Even though the court has issued instructions, complete internet connectivity is still not available across most areas of the province, resulting in numerous people being cut off from digital resources. Those impacted are calling on officials to take immediate action and explore localized approaches rather than implementing broad-scale restrictions.
by admin | Aug 23, 2025 | business, government, infrastructure, public transportation, transportation
In July 2024, the Federal Capital Territory (FCT) Administration, under the leadership of Nyesom Wike, initiated the building of three contemporary bus stations, marking an inaugural effort for the nation’s capital.
The proposal detailed three terminals for the initial stage: one located in the Kugbo region, another in the Mabushi neighborhood, and the last in the Central Business Area.
Although the Kugbo and Mabushi terminals were finished within a year and became operational in June, the terminal located in the Central Business District faced delays because of site-related problems and is now expected to be completed by the end of the year.
Nevertheless, locals have started voicing worries. Following the completion and inauguration of the two multimillion-naira terminals by President Bola Ahmed Tinubu in June, they have stayed closed and not been utilized, with no bus or taxi services running.
As stated by the minister, the terminals were designed to improve the security of travelers and passengers, along with offering leisure amenities such as an integrated movie theater.
Wike highlighted that the terminals will combine and enhance FCT’s transport network.
“Although we have kept expanding our road network, unless we connect it with different bus stations, we will not reach our objectives. Our aim is to combine and enhance our transportation system. This will eliminate those so-called one-time offenses that constantly occur,” stated the minister.
He stated that the main objective of the initiative was to improve safety by decreasing the presence of unauthorized vehicles on the roads.
“We are working to remove the ‘single-opportunity’ risk where travelers are exposed to threats from unfamiliar drivers. Thanks to this terminal, passengers will be aware of both the drivers and the vehicles they’re entering, enhancing the safety of their trips,” he said.
Wike also tackled the problem of traffic jams and uncontrolled parking, issues that have persisted in the city for years, stating, “These facilities will offer a secure and structured area for cars to be parked, helping ease traffic on the streets.”
Expressing regret over the lack of this kind of facilities previously, he stated, “It is sad that a city like Abuja has never possessed a bus station. However, we appreciate God as our wishes have now come true.”
The FCT Authority stated that the terminals will be open around the clock, providing travelers with a secure and pleasant area for waiting. Our reporter, who has been following the project’s progress, notes that the terminals feature facilities like dining areas, washrooms, and recreational spaces.
Each of the two appointed terminals includes completely climate-controlled zones where travelers can relax with ease. These spaces also have an integrated movie system and internet connectivity. Moreover, there are specific spots designated for collecting tickets and checking out.
Nevertheless, although they possess remarkable characteristics, locals worry that even several months following their installation, the terminals still stand vacant and their transport issues persist.
What use are stations without bus services? – Locals
The bus stations in Abuja were constructed to enhance city mobility, yet several have been unused since they were finished.
Over a month since the inauguration, locals are expressing worries regarding the lack of functioning bus services. Without established routes, timetables, or personnel, several people are doubting the value of these stations.
A tour of the Kugbo and Mabushi terminals reveals that although the structures are contemporary and solidly constructed, they remain mostly vacant.
These stations, supported by taxpayer funds, have turned into tranquil areas without evidence of real transportation operations.
Inhabitants claim that these structures function more as symbols rather than effective answers to Abuja’s increasing transportation demands.
“It’s insufficient just to cut ribbons; we require buses on the streets. We need financial support for those with limited income. We also need qualified personnel, accurate schedules, and up-to-date information. If you claim to be advancing the city, make sure residents can experience it,” said Mr. Tunde Balogun, a businessman from Wuse.
People who commute every day from suburban areas into the central part of the city are experiencing stress.
Aisha Lawal, a government employee residing in Gwarimpa stated, “These kiosks are merely present—appearing nice yet vacant. There are no buses, no movement, no purpose. What exactly are we commemorating?”
Andrew Chukwuma, a transport operator traveling between Berger and Jabi, shared comparable concerns, stating, “The authorities are constructing terminal facilities, yet where are the buses? We’ve noticed the Kugbo and Mabushi terminals remain closed since they were opened in June. They claim these places are meant for the general population, but there’s absolutely nothing available for us. Travelers endure hardships, and we operators lack an effective structure to rely on.”
People living in regions like Kubwa, Kuje, Lugbe, Karu, and Nyanya still face extended waiting periods, crowded transport, and fluctuating costs.
Blessing Oche, a public official traveling from Lugbe, stated, “I spend hours waiting but still get crammed into packed buses. With no other options available, operators demand exorbitant fares. Simply constructing terminal facilities isn’t sufficient; the government needs to supply proper bus services as well.”
Travelers have also expressed worries regarding security.
An unnamed bank employee recounted a recent experience with a group of thieves, saying, “They stole everything — my phone, computer, and backpack. This is why we require a secure, state-backed transportation system.”
Madam Halima Hashir, who travels from Karu-Nyanya every day, mentioned that her transportation costs amount to N5,500 per day.
“What is my salary?” every day, as she passes the Kugbo terminal, which remains closed. “These terminals aren’t benefiting anyone; they’re just vacant structures while we face difficulties,” she expressed sorrowfully.
Due to the lack of an operational transportation network, numerous locals have no choice but to rely on unsafe and unofficial alternatives.
Outdated buses, delivery motorcycles, and various personal vehicles now dominate the streets, leading to hazardous commuting situations.
Mr. Ejike Hygenus, a former teacher from Kuje, remembered a more favorable period: “In the time of El-Rufai, we had well-maintained and lengthy buses commonly known as El-Rufai buses connecting the outskirts with the city center. They were affordable, dependable, and secure. These days, such services no longer exist—only structures labeled as stations,” he mentioned.
Specialists share their perspectives on future directions
Professionals discuss potential paths ahead
Experts provide insights into next steps
Authorities comment on possible trajectories
Experts offer opinions on what lies ahead
Scholars outline ways to proceed
Experts analyze upcoming strategies
Experts suggest approaches for moving forward
Experts present views on subsequent actions
Experts contribute ideas about the course of action
Former general manager of the Abuja Urban Mass Transit, Mr. Najeeb Mahmoud Abdul Salam, stated that the present circumstances require immediate changes.
He highlighted the importance of collaboration between the public and private sectors, support from donors, better regulatory frameworks, and a renewed focus on strategic planning within the national transportation policy.
He further advocated for improved monitoring and control of the terminals to guarantee secure and efficient service provision.
A public policy specialist, Dr. Adetokunbo Margaret, cautioned that infrastructure not utilized properly could result in a lost opportunity for investment.
What is required at this moment is not additional terminals, but buses traveling on the streets, well-defined pathways, skilled operators, and an effective oversight framework.
She recommended that the private sector could manage it, but the government needed to establish and implement the regulations.
A mobility advisor, Mrs. Ifeoma Onuche, emphasized the importance of preparation and teamwork, stating, “These stations shouldn’t merely serve as symbolic initiatives. Where is the cooperation with private transportation providers? What is the transportation plan that dictates how these facilities should function?”
Numerous locals still experience everyday challenges on the roadways. Merchants, pupils, and employees encounter high costs, inconsistent transit options, and increasing security issues.
Trader Chukwuemeka Eze from Nyanya market stated plainly: “It’s similar to constructing hospitals without medical staff. What we require are buses today, not next year.”
Abdullahi Yusuf, who lives in Bwari stated, “With fuel costs still elevated and ride-hailing options being costly for many locals, unofficial transportation networks have stepped in to fill the void—but this comes with significant issues. Vehicles often break down, there are unsafe conditions, and incidents of regular harassment are common during commutes.”
Citizens are demanding swift action, such as the rapid introduction of bus services on heavily used routes, involvement of the private sector in managing terminals, implementation of electronic payment methods for fares, and stricter oversight. They believe that transport should be regarded as an essential community service, rather than merely a symbolic gesture.
As per Mathew Ijaodola, a local from Kubwa, without tangible actions being implemented, Abuja’s stations might stay well-constructed yet underutilized facilities, with the city’s inhabitants still trapped, awaiting not only bus services but also an effective transportation network.
Official from FCTA explains cause of postponement
A representative from the FCT Transport Secretariat, who requested not to be named, cited the procedure of granting terminal operations to private companies as the reason for the delay.
An official stated that the government had chosen for the terminals to be managed by a private organization instead of the transportation department.
He mentioned that the administration was in the midst of hiring a company to manage the terminals and pledged that once the procedure is finished, locals would begin to experience the effects.
The official had earlier stated that the terminals would not be managed by the FCT Transport Secretariat.
“We will entrust it to private companies that will manage it effectively,” the minister stated during the inauguration in June.
Supplied by SyndiGate Media Inc. (
Syndigate.info
).
by admin | Aug 20, 2025 | business, finance news, financial services, insurance, investing company news
Sri Lanka, August 19 – HNB Assurance PLC (HNBA) along with its affiliate, HNB General Insurance Ltd (HNBGI), has achieved outstanding financial performance during Q2 2025, highlighting their dominant presence in the industry and demonstrating significant progress in crucial indicators, further securing their stable standing within the sector.
In the initial six months of 2025, the Group’s Gross Written Premium (GWP) went up by 30%, reaching Rs. 14.3 billion compared to Rs. 10.9 billion in 2024. Net profit after tax (PAT) saw an increase of 10% to Rs. 519 million (without considering the Life Insurance Surplus Transfer). Total assets amounted to Rs. 70.2 billion, marking growth from Rs. 62.4 billion during the same period last year. Investment earnings improved by 6% to reach Rs. 4.0 billion. The Group settled Rs. 3.8 billion in net claims and benefits, representing a rise of 15%, showcasing its robust dedication towards policyholders. Assets under management (AUM) expanded to Rs. 61 billion, with basic earnings per share increasing to Rs. 3.46 from Rs. 3.16.
“Our strategy has always been straightforward, expand our footprint while delivering greater value to our customers and strive to be consistent at it,” said Stuart Chapman, Chairman of HNB Assurance and HNB General Insurance.
this emphasis has allowed us to reinforce our standing in the marketplace and maintain the solid progress we’ve achieved over time, ensuring a favorable outlook for the future to create benefits for everyone involved.
HNB Assurance PLC achieved a 35% rise in gross written premium, reaching Rs. 8.6 billion during Q2 2025 compared to Rs. 6.4 billion in Q2 2024. The profit after tax for the life segment increased by 17%, amounting to Rs. 428 million (without considering the Life Insurance Surplus Transfer).
The Life Fund grew to Rs. 44.1 billion from Rs. 35.2 billion, highlighting sustained financial security. Total claims and benefits paid out went up by 33%, reaching Rs. 1.9 billion compared to Rs. 1.4 billion, while investment earnings climbed 8% to Rs. 3.6 billion.
“our emphasis on broadening our range of products and improving client support has produced remarkable outcomes,” stated lasitha wimalaratne, executive director/ceo of hnb assurance plc. “the double-digit expansion in our gwp, pat, and life fund, along with a substantial rise in settlements, reflects our dedication to our clients and our solid economic base.” hnb general insurance ltd (hnbgi) attained rs. 5.6 billion in gwp over six months, marking a 23% upsurge compared to 2024, and processed claim payments totaling rs. 2.1 billion.
The firm experienced a 23% overall increase, surpassing double the industry’s average of 11%. The non-automotive part of its business achieved the top growth rate within the sector at 35%, compared to a 4% rise in the broader market. This performance was largely fueled by the fire and engineering division, which saw remarkable growth of 49%, significantly outpacing the industry’s 4% figure.
“The key factors behind our success in leading the industry are the commitment of our team members and the robustness of our business strategy, focused on maintaining close alignment with new trends and changes happening in the General Insurance sector,” stated Sithumina Jayasundara, Executive Director/CEO of HNB General Insurance.
Our GWP has experienced significant growth, we have effectively handled our contractual obligations, and achieved a positive increase in earnings. Moreover, this quarter had an added highlight with the introduction of HNBGI NEXA, our artificial intelligence-driven chatbot, which clearly demonstrates that as we expand, we continue to improve.
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