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MASTERCARD ECONOMICS INSTITUTE: ONE IN FIVE COUNTRIES APPROACH PRE-PANDEMIC DOMESTIC FLIGHT LEVELS; INTERNATIONAL TRAVEL LAGS BEHIND GLOBAL FUEL SPENDING IS UP 13%* OVER 2019 PEAK, REFLECTING A STRONG SURGE IN GROUND TRAVEL IN MARKETS INCLUDING AUSTRALIA, SINGAPORE, THE PHILIPPINES AND HONG KONG IN ASIA PACIFIC

Mastercard Economics Institute: One in Five Countries Approach Pre-Pandemic Domestic Flight Levels; International Travel Lags Behind Global fuel spending is

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THE EMERGENCE OF A NEW GENERATION: GEN C

Facing a pandemic for more than a year has instilled fear and uncertainty amongst the people. Haim Israel, Bank of America Global Research, opined, “ The crisis will scar them. And babies born even years after the pandemic will see it shaping their lives.”

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 ARE WE PAYING ATTENTION TO CYBERSECURITY?

The unique circumstances that 2020 presented allowed cyber criminals to exploit vulnerabilities in companies and perpetuate damage projected to hit  $6 trillion annually by 2021. This is a massive figure in damages which not only does financial damage to the organisations against which the attacks have been carried but also does tremendous damage to their reputation, their clients and partners.

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THE MOTHERHOOD PENALTY: A DILEMMA LESS TALKED ABOUT IN THE PANDEMIC

The motherhood penalty that women faced subsequently leads to what we know as gender pay gap. Whereas men enjoyed more than 6% rise in pay on average when they had kids, women had to face a decrease of 4% in their pay per child. This is mainly because after having children, men are perceived to be more dependable and hardworking individuals as compared to women- who are thought to become busier with taking care of the child.

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Opinion

ORGANIC FIBERS IN SUSTAINABLE FASHION: BANGLADESH IS STEPPING IN

To match the market trend, Bangladesh is now producing pineapple fiber- a great organic alternative. But it is no new invention, pina fiber has been a part of Filipino culture since the Spanish colonization. But it became the talk of the town in 2015 when the former US president Barack Obama sported a Barong Tagalog- an embroidered shirt sewn from pina fiber- at a global meeting in Manila. And now, the 15th century Filipino tradition is paving its way to today’s fashion industry.

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