CNBC International’s Post

Japan's regional airports are seeing a recovery in international travelers as foreign tourists flood the country, returning in fiscal 2023 to just over 60% of the total for pre-pandemic fiscal 2019, but an absence of visitors from China is a headwind on a full recovery. https://lnkd.in/g6KAxUrP

This year, Japan is forecast to receive an all-time high of 35 million international visitors, with expenditure in the country expected to reach an all-time high of over $50 billion. With 17.78 million tourists projected from January to June, the greatest number in a six-month period, the number of foreign visitors to Japan in 2024 is expected to surpass the previous high of 31.88 million set in 2019 prior to the coronavirus outbreak. The government intends to implement a new "pre-clearance" system to expedite entrance processes for foreign tourists and to consider establishing a financial assistance program to encourage foreign visitors to rural regions. #JBAS #Japan #Serbia #investments #FDI #tourism #greeneconomy #decarbonization #collaboration #Japanesetechnology #Japaneseinnovation #greenenergy #greentransition #greenvehicles

Premier Cho Jung-tai strongly urged Taiwanese travelers to carefully consider their personal safety when visiting China, regardless of the purpose of their trip, after a legislative resolution called for the lifting of the ban on group tours to China. The government had initially planned to reopen group tours to China, but canceled the plan in February due to Beijing's unilateral changes near Taiwan and lack of reciprocity. The Premier emphasized the need for caution in travel to China, especially in the current climate, and highlighted the responsibility of the Executive Yuan in handling any unforeseen incidents abroad. #AsiaRisk #GeopoliticalConflictandDisputes #Taiwan Follow us for daily updates on risk and operations in Asia! https://lnkd.in/gtep88rY

Why Korean Tourists are Going Crazy for #Taiwan? The post-pandemic recovery of Korean visitors to Taiwan has outpaced #HK and #Japan! Korean visitors have returned relatively quickly to Taiwan since the end of the COVID-19 pandemic, motivated in part by a flurry of Korean YouTube videos touting Taiwan as a great destination. What is it that has Koreans going crazy for Taiwan? #tourism Read the article: https://pse.is/734ph2

Russia expects to restore pre-pandemic level of tourist flow to Vietnam — ambassador Gennady Bezdetko noted that in order to achieve this goal, the parties must also resolve issues related to the full restoration of direct air traffic between the two countries as soon as possible HANOI, December 26/ Thanks to the partial restoration of direct flights between Russia and Vietnam after the COVID-19 pandemic, the flow of Russian tourists arriving in Vietnam has increased again and the Russian side expects it to further rise to the pre-pandemic level, Russian Ambassador to Vietnam Gennady Bezdetko said at a press conference in Hanoi. "Thanks to the partial resumption of direct flights by Aeroflot and Iraero, the flow of Russian tourists to Vietnam has increased once again. We expect to return to the pre-pandemic level, when the figure reaches 650,000 people per year," the diplomat said. The ambassador noted that in order to achieve this goal, the parties must also resolve issues related to the full restoration of direct air traffic between the two countries as soon as possible. "Our authorized companies agreed to resume direct flights between Moscow and Ho Chi Minh City. But our Vietnamese partners agreed only to a small part of the foreign aircraft offered by the Russian side and the Vietnamese carrier Vietnam Airlines, unfortunately, does not yet fly to Russia," the diplomat said. "We hope that our Vietnamese partners will find a way to solve the current problems and resume flights to Russia, which are in great demand among people and business representatives of both countries," Bezdetko noted. #business #finance #financialservices

**Chengdu Tianfu International Airport on a Saturday.** Sharing this snapshot of TFU airport with very few travelers. This reflects the current cautious consumer sentiment in China, both for international and domestic travel. Despite efforts to boost the economy post-pandemic, it seems consumer confidence and spending are not yet back to pre-pandemic levels, and they are generally cautious. What are your thoughts on the current state of travel and economic recovery in China? #ChinaEconomy #TravelTrends #PostPandemic #ConsumerBehavior #EconomicRecovery

Russian Economy Ministry does not expect decline in travels to Cuba The ministry set the target of Russian tourists traveling to Cuba at about 200,000 people for this year ST. PETERSBURG, December 6/ The decline in the Russian tourist flow to Cuba due to problems with electricity and jet fuel in the country is not anticipated, department director of the Russian Ministry of Economic Development Nikita Kondratyev told reporters. "Not at the moment," the official said. The ministry set the target of Russian tourists traveling to Cuba at about 200,000 people for this year. "It is fairly stable because the number of flights operating and the infrastructure available in Cuba for Russian tourists are functioning broadly. We do not expect any breakthrough growth in the tourist flow because we are linked to the infrastructural capabilities we have at the moment," Kondratyev added. #business #finance #financialservices

The latest regulations, implemented as of Wednesday, permit tour groups to access China via any of the 13 coastal cruise ports, granting them a maximum stay of 15 days in specific provinces across the nation. This policy shift signals a significant stride towards advancing China's cruise sector and marks a pivotal step in its journey to reconnect with the global community after a period of stringent pandemic measures, as stated by a government agency. www.evolvepublication.com #ChinaCruisePorts #TourismRegulations #TravelPolicies #CruiseIndustry #PandemicRecovery #GlobalReconnection #TravelChina #ExploreAsia #EvolvePublication #BusinessInsights #BusinessPublication

Russia, Dominican Republic discussing introduction of direct flights — ambassador When asked whether he expects the flow of tourists from Russia to increase next year, Alejandro Arias Zarzuela replied in the affirmative MOSCOW, December 9/ Russia and the Dominican Republic are holding discussions to open direct flights between the two countries, Alejandro Arias Zarzuela, Ambassador Extraordinary and Plenipotentiary of the Dominican Republic to the Russian Federation, told TASS. "Yes, I can say that there were official contacts, conversations on this topic between the departments responsible for this. At the moment, they are working to resolve logistical issues associated with opening such flights. But, yes, these are such contacts," the diplomat said, answering a relevant question. "But it should be noted that these are contacts between the relevant sectors: not at a general level, but between the companies and agencies responsible for this," he added. When asked whether he expects the flow of tourists from Russia to increase next year, the diplomat replied: "Yes, of course, this is our main hope." "We really hope to return to the numbers we had before and restore the flow of tourists from Russia. Any hope must be supported by concrete work, and our embassy is doing just that: promoting this issue to restore the number of tourists from Russia to the Dominican Republic," Arias Zarzuela said. #business #finance #financialservices

Russia, North Korea agree to increase number of charter flights Russia introduced e-visas for North Korean tourists last year MOSCOW, November 19/ Russia and North Korea have agreed to increase the number of charter flights, the press service of the Russian ministry of natural resources said after the 11th meeting of the intergovernmental cooperation commission. On November 18, North Korean leader Kim Jong Un met with visiting Russian Minister of Natural Resources Alexander Kozlov, who is a co-chair of the commission. "In the first nine months of 2024, the tourist flow between Russia and North Korea exceeded 5,000 people. Air service accounts for more than 70% of it. The sides agreed to increase the number of charter flights between the countries. It is also planned to organize direct flights not only from Russia's eastern regions but also from the country’s largest cities," the ministry said. Russia introduced e-visas for North Korean tourists last year. #business #finance #financialservices