Macau draws more tourists as evidenced by a rise in visitor arrivals. The visitor arrivals to Macau have grown by 18% year-on-year to 2.55 million in July 2011. According to the Statistics and Census Service, same-day visitors accounted for 51.9% of total visitor arrivals.
There has been notable increase in the number of visitors from Hong Kong by 7.3% to 720,000, Taiwan by 4.1% to 126,000, South Korea by 23.6% to 35,000, and Malaysia by 16.4% to 21,000. The number of visitors from mainland China has also seen a significant increase by 27.9% year-on-year to 1.46 million. Visitors from the mainland are mostly from Guangdong, Fujian and Zhejiang, as reported in eTurbo News.
Golden Visa Programs Provide Travel Mobility for Business People
The process to get a Golden Visa is quite straight. As an investor, you invest in a certain area in the country, and then obtain residency and potentially citizenship in the next steps.
Golden Visa programs offer extended travel mobility as well as residency and potential citizenship. According to the Portuguese Immigration and Borders Service, a total of 9,340 investors obtained residency through investment in Portugal.(more…)
Wish you were here: how the pandemic harmed tourism-dependent economies
Before COVID-19, travel and tourism had become one of the most important sectors in the world economy, accounting for 10 percent of global GDP and more than 320 million jobs worldwide.
In 1950, at the dawn of the jet age, just 25 million people took foreign trips. By 2019, that number had reached 1.5 billion, and the travel and tourism sector had grown to almost too-big-to-fail proportions for many economies.(more…)
Thais encouraged to travel more to help stimulate economy
The Thai government has launched many stimulus campaigns to revive the domestic economy, particularly in the heavily-hit tourism industry.
BANGKOK (NNT) – With more public holidays coming up in November and December, the government is encouraging people to travel to different parts of the country and use the government’s spending stimulus measures.(more…)
Thailand’s Stock Exchange (SET) welcomes leading oil and retail business operator OR on Feb 11
SET News 10/2021 February 10, 2021 SET welcomes leading oil and retail business operator OR on Feb 11 BANGKOK, February...
Thailand to further ease COVID-19 restrictions
The Cabinet approved to ease the level of control over the country under the COVID-19 situation including relaxing businesses and...
BoI plans more efforts to promote BCG economy
BANGKOK (NNT) – The Board of Investment (BoI) is working with related agencies to rev up promotion of the bio-,...
ASEAN, Canada, UN Women launch 5-year programme to advance Women, Peace and Security Agenda
Jakarta/Ottawa/New York, 24 February 2021 – The Association of Southeast Asian Nations (ASEAN), Canada and UN Women jointly launched today...
Covid-19 Thailand Situation Report
COVID-19 situation in Thailand On 15th February, 143 new cases of laboratory-confirmed COVID-19 were announced by the Ministry of Public...
Market for Alternative Investment (MAI) welcomes reinsurance broker “TQR”
SET News 11/2021 February 16, 2021 mai welcomes reinsurance broker “TQR” on Feb 17 BANGKOK, February 16, 2021 – The...
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