Travel
Cambodia’s outbound travel up 26%

Cambodia’s Ministry of Tourism says the country’s expanding economy is enabling more Cambodians to travel overseas this year.
Khmer Times quoted the ministry’s department of statistics and information director, Kong Sophearak, saying there had been a 26% growth in overseas travel over the first half of the year.
Outbound travel during January to June, this year, reached 699,654 trips, an increase of 26.5% from 533,014 during the same period, last year.
Cambodia’s National Tourism Federation general secretary, Ho Vandy, noted the average income of Cambodians was increasing and this was reflected in more leisure travel bookings to neighbouring countries.
“Cambodians are now travelling for leisure, while before it was mainly overseas travel for business, studies or medical check-ups,” he said.
“There are more direct flights on low-cost airlines and within the ASEAN region there are no visa requirements… These are the key factors that are encouraging Cambodians to travel to neighbouring countries.”
Last year, 1,194,018 Cambodian travellers made outbound trips up 24.9% from 955,909 in 2014, according to the ministry’s data.
Tourism
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…)Tourism
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.
Travel
Foreign embassies in Thailand issue travel alerts
Several foreign embassies in Thailand have issued alerts to inform their citizens of political gatherings this weekend, including the U.S, United Kingdom, Canada and New Zealand.

Several foreign embassies in Thailand have issued alerts to inform their citizens of political gatherings this weekend.
(more…)-
Economics4 hours ago
Thai economy to grow 4% in 2021 following 6.5% decline in 2020
-
Forex3 days ago
Leverage from Forex Brokers & How Beginners Can Benefit from It
-
Tourism1 week ago
Wish you were here: how the pandemic harmed tourism-dependent economies
-
Economics1 week ago
COVID-19 brings first consumer confidence drop in 3 months