onsdag 2 mars 2022

Ukraine invasion: crashing Russian rouble, sanctions deal blow to Thailand bid to revive tourism. Full story: https://www.scmp.com/news/asia/southeast-asia/article/3168884/ukraine-invasion-crashing-russian-rouble-sanctions-deal. ASEAN NOW / South China Morning Post


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A Russian tourist takes a selfie at Mai Khao beach in Phuket, Thailand. File photo: Reuters

 

● Money-transfer difficulties and flight cancellations following Russia's invasion of Ukraine have shaken Thai tour operators

 

● Russians were the largest group of visitors to the kingdom in January and some 1.5 million of them came in 2019 and spent US$3.3 billion

 

Bloomberg

 

A plunging rouble, flight cancellations and money-transfer difficulties are prompting Russian and European tourists to cancel trips to Thailand, a blow to the Southeast Asian nation's tourism-revival efforts.

 

The exclusion of many Russian banks from the Swift payments network has resulted in tour operators running into problems when making transfers, according to Charintip Tiyaphorn, co-owner of Pimalai Resort & Spa in Phuket. Some flights have been cancelled following Russia's invasion of Ukraine and many European airlines are re-routing to get to Southeast Asia, she said.

 

Russians were the largest group of travellers to Thailand in January and top applicants for new visas under a quarantine-free entry programme relaunched last month. About 1.5 million Russians visited in pre-pandemic 2019 and spent US$3.3 billion, the third-highest source of tourism revenue for the country, according to official data.

 

Full story: https://www.scmp.com/news/asia/southeast-asia/article/3168884/ukraine-invasion-crashing-russian-rouble-sanctions-deal

 

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-- © Copyright South China Morning Post 2022-03-02

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