Thailand – Author Carlo Carrasco

Philippine Peso One Of The Most Vulnerable Currencies Of Asia

April 2, 2026March 30, 2026carlocarrasco

With a lot of economic disruptions connected with the conflicts in the Middle East, the Philippine Peso has been exposed as one of the most vulnerable currencies of Asia and already the nation is struggling with spiked fuel prices and rising inflation, according to a business news report by the Manila Bulletin.

To put things in perspective, posted below is an excerpt from the announcement by the Manila Bulletin. Some parts in boldface…

Singapore-based DBS Bank Ltd stated that the Philippine peso is emerging as one of Asia’s most vulnerable currencies as deepening global oil crisis exposes the nation’s heavy reliance on imported energy and the lack of government subsidies.

DBS wrote in a commentary published last Friday that the peso is expected to underperform in the foreign exchange (forex) market alongside the Indian rupee, which recently hit a record low against the United States (US) dollar. The peso also plummeted to another all-time low last Friday, finishing at P60.55 per dollar.

Like India, the Philippines is grappling with vulnerabilities from oil price shocks, which have led the peso to reach a new all-time low, according to DBS senior forex strategist Philip Wee and forex and credit strategist Chang Wei Liang.

“Similarly, the peso remains highly vulnerable,” Wee and Liang said. Last Friday, the peso breached the 60.5 level as geopolitical tensions in the Middle East intensified, and the central bank stood firm in its view that there is no immediate need to defend the currency.

Wee and Liang said the Philippines stands as “most exposed to oil price pass-through due to zero subsidies and a 90 percent energy reliance on Gulf energy.”

Japanese financial giant MUFG Bank Ltd. and think tank Capital Economics also emphasized the Philippines’ high exposure to external market volatility, which is hurting the peso amid investors’ risk-off sentiment.

MUFG analysts said the peso is among the “weakest performers in the region” last week, declining by a total of 4.9 percent since the Israel-Iran conflict flare-up. It was surpassed only by the Thai baht, which has dropped 5.9 percent month-to-date.

Following the peso are the declines in the South Korean won (4.7 percent), Indian rupee (4.1 percent), and Malaysian ringgit (three percent). Meanwhile, the Vietnamese dong and Chinese yuan have been the most resilient currencies, with only around a one percent decline each.

DBS said that the Bangko Sentral ng Pilipinas (BSP) is facing a dilemma: it must contain skyrocketing consumer prices while defending the peso amid extreme vulnerability to the worsening energy crisis, with the impacts more pronounced in heavy oil-importing economies.

Citing metrics from an Institute of International Finance (IIF) study, Wee and Liang labeled the currencies of the Philippines, South Korea, and Malaysia as “somewhat vulnerable” to oil price spikes stemming from the Middle East war.

Such metrics include direct trade exposure to oil imports, the growth impact of oil usage intensity, and vulnerability to agricultural and fertilizer supply shocks.

DBS assessed India, Thailand, and Vietnam as the most vulnerable to oil market shocks, while China and Indonesia are the least sensitive.

Despite the peso’s recent weakness, DBS projects the local currency to rebound toward 57.8 per dollar by the end of 2026. However, the pair is also seen climbing back to 59.9 by late 2027 and remaining within the 59 level through 2030.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the government of the Philippines and its economic managers will be able to execute moves to prevent strengthen the Peso ensuring economic growth?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Luxury Hotels In Thailand Slash Prices To Deal With Tourism Slowdown

March 31, 2026March 25, 2026carlocarrasco

As the armed conflict in the Middle East continues to cause economic disruptions, hiked oil prices and impact international air travel, luxury hotels in Thailand have been cutting down their prices as a way to deal with the slowdown on tourism, according to a news report of VnExpress.

To put things in perspective, posted below is an excerpt from the news report of VnExpress. Some parts in boldface…

Luxury hotels across Thailand, the second largest economy in Southeast Asia, are rolling out deep discounts to attract domestic travelers as international arrivals weaken due to disruptions linked to the Middle East conflict.

Thai residents and expatriates are being offered discounts of up to 70% at five-star hotels, where nightly rates can typically reach US$1,000, Bloomberg reported.

At Mandarin Oriental, Bangkok, one of the capital’s most iconic riverside properties, rooms are now priced below $300 per night. In southern Thailand, a luxury resort overlooking the dramatic limestone cliffs of Railay Beach is offering stays from around $430 per night, roughly half its usual rate.

The steep promotions come as flight cancellations and airspace closures tied to the conflict in Iran disrupt key Europe-Asia travel routes, making journeys to Thailand more complex and costly.

Thailand’s Ministry of Tourism fears a loss of 596,000 visitors and 40.9 billion baht ($1.29 billion) in revenues if the conflict drags on for more than eight weeks.

Phangnga Province has already seen a sharp decline in European arrivals and estimates losses at nearly 1.7 billion baht ($52.3 million), according to its hotel association, Bangkok Post reported.

Authorities are also preparing contingency measures to offset any decline in arrivals from long-haul markets including Europe and the U.S. Thailand experienced a tourism downturn last year amid a combination of kidnapping incidents, flooding and border conflict.

The country is aiming to attract 37 million foreign visitors this year, a projected increase of more than 11% from 2025 but that target is increasingly at risk.

Let me end this piece by asking you readers: What is your reaction to this development? Does the discounting of room rates by luxury hotels in Thailand entice you to visit them? How long do you think the slump of tourism will last?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thailand Tourism Authority Preparing Response To Middle East Conflict

March 24, 2026March 20, 2026carlocarrasco

With the joint Israel-US military operations against the Islamic terrorist regime of Iran still going on, the tourism authority of Thailand announced it is preparing measures to ease the effects of the conflict on its tourism sector, according to a news report of VnExpress. Already the conflict caused a series of economic disruptions affecting air travel and the prices of services and products offered to tourists.

To put things in perspective, posted below is an excerpt from the news report of VnExpress. Some parts in boldface…

The Tourism Authority of Thailand (TAT) is preparing measures to mitigate the impact of tensions in the Middle East on the country’s tourism sector, including proposals to stimulate domestic travel and short-haul flights.

Following consultations with private operators, TAT Governor Thapanee Kiatphaibool said the agency is promoting Thailand as a safe destination and plans to suggest the establishment of a strategic operations unit to monitor flight capacity, load factors, oil prices and travel costs.

TAT also plans to use the remaining central budget under the Thailand Summer Blast scheme, which supports inbound flights to Thailand, to back airlines and promote both major and secondary cities.

It is considering adjustments to an existing subsidy program for charter flights to cover long-haul markets, as well as incentives such as free domestic flights for international visitors and co-payment schemes to boost local tourism.

Thailand aims to capitalize on the situation by positioning itself as an aviation hub linking Europe with Asia and Australia, while adjusting flight schedules to attract more direct long-haul services. At the same time, efforts will be made to rebalance international tourism markets by focusing on China, Japan, the Republic of Korea and Southeast Asia.

Let me end this piece by asking you readers: What is your reaction to this development? Do you intend to visit Thailand over the next six months? Does the war against Iran discourage you from traveling overseas?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump’s America To Launch Tariff Investigations On Several Countries

March 13, 2026March 12, 2026carlocarrasco

Even as the United States is busy working alongside Israel on the war against the Islamic terrorist state of Iran, the Trump administration announced that it will launch tariff investigations on several countries including trade partners like Japan, according to a news report by Kyodo News. The probes are meant to find out if unfair trading practices exist.

To put things in perspective, posted below is an excerpt from the Kyodo News report. Some parts in boldface…

U.S. President Donald Trump’s administration said Wednesday it will launch tariff investigations into what it sees as unfair practices by China, Japan and over a dozen other American trading partners.

According to U.S. Trade Representative Jamieson Greer, the move is intended to “uncover a variety of unfair trading practices related to excess capacity in production” in the manufacturing sector, and replace Trump’s sweeping tariff regime that was invalidated by the Supreme Court in February.

“Our view is that key trading partners have developed production capacity that is really untethered from the market incentives of domestic and global demand,” Greer told reporters.

The other trading partners facing the investigations, carried out under Section 301 of the Trade Act of 1974, are the European Union, Bangladesh, Cambodia, India, Indonesia, Malaysia, Mexico, Norway, Singapore, South Korea, Switzerland, Taiwan, Thailand and Vietnam, Greer said.

The statute, which allows the U.S. government to impose tariffs in response to a foreign country’s alleged unfair practices, was a favorite tool of Trump for justifying higher tariffs on Chinese imports when he started a trade war with Beijing during his first term as president.

After the U.S. top court on Feb. 20 struck down a large chunk of Trump’s far-reaching tariff agenda as imposed under the International Emergency Economic Powers Act, his administration introduced a new 10 percent global duty.

However, the new 10 percent surcharge, relying on a different legal framework, can only last 150 days unless Congress approves an extension.

Greer said the Trump administration seeks to complete the investigations as quickly as possible and prepare for new Section 301 tariffs within the 150-day period.

The statute requires consultations with the governments of the targeted trading partners before tariffs can be imposed.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the United States is doing the right thing with the multiple trade investigations? How do you think the Trump administration will adjust its tariff policy once the 150-day period expires?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Japan To Support 4 Southeast Asian Nations In Fight Against Cross-Border Crimes

February 21, 2026February 17, 2026carlocarrasco

In an effort to fight back against cross-border crimes in Southeast Asia, Japan will provide assistance to four countries namely Thailand, Cambodia, Vietnam and Laos, according to an NHK World news report. A formal signing ceremony was held in Bangkok recently.

To put things in perspective, posted below is an excerpt from the news report of NHK World. Some parts in boldface…

Japan will provide assistance to four countries in Southeast Asia in their efforts to combat cross-border crimes, such as scam operations.

A signing ceremony was held in Bangkok on Monday for a grant assistance program worth more than 500 million yen, or roughly 3.3 million dollars. The program aims to enhance the investigative capabilities of Thailand, Cambodia, Vietnam and Laos.

Tackling transnational crimes has become a major issue in Southeast Asia. Authorities in Cambodia, Myanmar and elsewhere have raided the facilities of criminal groups believed to have been involved in scam operations.

Assistance for the program will be provided via the United Nations Office on Drugs and Crime.

The plan includes providing each country’s investigative authorities with equipment to analyze data on criminals’ smartphones and personal computers. It also calls for the establishment of monitoring centers that function as intelligence hubs and generate analysis.

Japan’s ambassador to Thailand Otaka Masato attended the ceremony.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the assistance of Japan worth 500 million Yen will enable the nations of Cambodia, Thailand, Laos and Vietnam to do better in spotting and investigating the cross-border criminal activities? Do you consider Southeast Asia a hot spot of scam hubs?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Malaysia Aiming At Overall Title Of The 2027 SEA Games

February 4, 2026January 29, 2026carlocarrasco

This early, Malaysia is aiming at the top of the 34^th edition of the Southeast Asian Games (SEA Games) which it will host in 2027, according to news report by VnExpress. Malaysia finished 4^th place in the 2025 SEA Games held in Thailand with fifty-seven gold medals won.

To put things in perspective, posted below is an excerpt from the news report of VnExpress. Some parts in boldface…

Malaysia’s Ministry of Youth and Sports (KBS) has set the goal of the country being overall champions at the Southeast Asian Games (SEA Games) in 2027, which will be hosted by Malaysia.

Newly appointed Youth and Sports Minister Mohd Taufiq Johari said after taking office on Jan. 16 that the ministry, together with the National Sports Council (NSC), will strengthen cooperation with national sports associations and others to work towards that goal.

He expressed confidence that Malaysia could emerge as the strongest team at the SEA Games 2027, and voiced optimism about repeating the overall championship the country secured when it last hosted the event in 2017.

Taufiq praised the dedication and fighting spirit displayed by Malaysian athletes at the SEA Games 2025 in Thailand, saying he hoped they will maintain the same qualities when Malaysia hosts the Games in 2027.

He added that the KBS, together with the NSC and relevant agencies, have already drawn up detailed plans and a clear timeline, including the organization of workshops, to ensure medal targets can be achieved.

Apart from being a highly competitive nation in the SEA Games, Malaysia itself is the 2nd most visited nation of Southeast Asia in 2025. Hosting the SEA Games in 2027 could help it attract more foreign tourists in the short term.

Let me end this post by asking you readers: What is your reaction to this recent development? Are you convinced that the preparations initiated by Malaysia will pay off nicely during the 2027 SEA Games? Being the host nation, what sports do you think Malaysia could add to or subtract from the 2027 SEA Games? Do you feel excited about the next Southeast Asian Games?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thailand Sets Ambitious Tourism Targets For 2026

January 25, 2026January 20, 2026carlocarrasco

Thailand, the 2^nd most visited nation of Southeast Asia in 2025, has set ambitious tourism targets for itself for 2026 and it includes achieving US$95 billion in tourism revenue, according to a VnExpress news release. Thailand attracted over thirty million international arrivals last year which was actually a decline of more than 7% compared to 2024.

To put things in perspective, posted below is an excerpt from the news report VnExpress. Some parts in boldface…

The Tourism Authority of Thailand (TAT) has expressed confidence that the country’s tourism sector will earn 3 trillion THB (US$95.35 billion) in revenue this year through its “Amazing 5 Economy” strategy.

The plan targets an 11% increase in international visitors, enhanced domestic tourism, and a focus on sustainable, high-quality growth despite global challenges.

TAT aims for 36.7 million international arrivals and about 210 million domestic trips in 2026. Meanwhile, the revenue target includes 2 trillion THB from international markets, with an expected 11% increase in international tourist arrivals, and 1 trillion THB from domestic tourism, projected to grow by 4%, said TAT Governor Thapanee Kiatphaibool.

In 2026, TAT plans to reignite quality tourism growth by addressing challenges such as geopolitical tensions, increasing global competition, and domestic factors like the strong baht, household debt, safety concerns, and natural disasters. The key to success lies in the “Amazing 5 Economy” framework, which includes life economy, sub-culture economy, night economy, circular economy, and platform economy.

In 2025, Thailand recorded total tourism revenue of approximately 2.7 trillion THB. International arrivals reached 32.97 million, down 7.23% year-on-year.

It saw declines in short-haul markets such as Malaysia and China. However, long-haul markets showed strong momentum, with visitors from Europe, the Americas, the Middle East and Africa reaching a record 10.8 million.

Notably, arrivals from the U.K. and the U.S. each surpassed one million for the first time. Domestic tourism also expanded, with more than 202 million trips, up 2.7%.

Let me end this piece by asking you readers: What is your reaction to this development? Have you ever toured Thailand before? If you did, how long did you stay in Thailand and how was your overall travel experience there? Do you think Thailand will be to achieve its ambitious tourism targets this year?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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A Lot More American Fruits And Vegetables Imported By Vietnam In 2025

January 23, 2026January 22, 2026carlocarrasco

Vietnam, a nation previously ravaged by war which eventually emerged as a major tourism destination in Southeast Asia, imported a lot more fruits and vegetables from the United States of America resulting in a jump of 67% to US$900 million, according to a news report by VnExpress. Vietnam’s exports to America, however, were not too great which resulted in a trade surplus of more than $350 million for America on fruits and vegetables.

To put things in perspective, posted below is an excerpt from the VnExpress news report. Some parts in boldface…

U.S. fruits and vegetables are pouring into Vietnam, with 2025 imports rising by nearly 67% to US$900 million, but Vietnamese exports to the U.S. are not keeping pace.

This marked a 10-fold jump in imports from the U.S. from a decade ago, with cherries, apples, grapes, and oranges being among the top fruits bought, according to Vietnam Customs.

Vietnam’s vegetable and fruit exports to the U.S. were worth $546 million last year, a minuscule 1.49% share in a market is dominated by suppliers such as Mexico, Canada and South American countries.

Dang Phuc Nguyen, general secretary of the Vietnam Fruit and Vegetable Association, said the U.S. is a very large market but also one marked by stringent technical standards and also long geographical distance for Vietnam.

Vietnam’s position as the 13 largest fruit and vegetable supplier to the U.S. is owed to the great efforts made by businesses in recent years, he added.

There is room for growth as the list of fresh fruits permitted for export to the U.S. continues to expand, and now includes pomelo, mango, dragon fruit, longan, lychee, star apple, rambutan and, most recently, coconut.

Consumer trends in the U.S. are shifting toward novel fruits, health-oriented products and more deeply processed items such as frozen fruit, dried fruits and juices, with Vietnamese products like coconut, durian and pomelo becoming increasingly popular.

But exports do face many challenges. Starting this month the U.S. began tightening regulations on traceability and food safety, particularly with respect to pesticide residues.

Vietnamese oversight of planting area codes and packing facilities remains uneven, which threatens to bring warnings or even temporary import suspensions by the U.S.

The high logistics costs due to the distance make it difficult for Vietnamese fruits and vegetables to compete on price with suppliers close to the U.S. such as in Mexico, Peru or Thailand.

Let me end this piece by asking you readers: What is your reaction to this development? Do you consider Vietnam’s heavy importing of American fruits and vegetables in 2025 big economic victories for Trump’s America? What do you think is the main reason as to why Vietnam purchases so much fruits and vegetables from the United States? Do you think Trump’s tariffs are already helping American producers of fruits and vegetables?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Varied And Impactful Changes Realized Since Trump Returned As US President

January 22, 2026January 21, 2026carlocarrasco

A year ago, Donald J. Trump returned as President of the United States and a wide series of changes were realized since January 20 of 2025. Those changes are still happening and it is very clear Trump’s America made impact not only on Americans but also on the world. Trump is on his 2^nd term as President and he has three years remaining.

As such, the White House issued a statement titled “365 WINS IN 365 DAYS: President Trump’s Return Marks New Era of Success, Prosperity” which contains a very extensive list of changes and developments since January 20 of 2025. The statement contains an extensive list of developments covering a wide series of categories such as economics, immigration, national security, border security, jobs, income, international relations and more.

Clearly, I cannot highlight all the items from the White House statement in this blog post. What I can share with you are the items that caught my attention.

To put things in perspective, posted below are excerpts from the White House statement. Some parts in boldface…

Item #1 – Achieved negative net migration in 2025, reversing a 50-year trend and restoring U.S. control over immigration flows for the first time in a generation.

Item #2 – Removed more than 2.6 million illegal aliens from the United States through deportations and voluntary self-departures.

Item #3 – Carried out over 650,000 arrests, detentions, and deportations of illegal aliens — including the worst of the worst criminal illegal alien killers, rapists, gang members, and repeat offenders.

Item #17 – Revoked visas tied to pro-Hamas agitators on college campuses, restoring safety, free speech, and American values to universities across the nation.

Item #28 – Rescued 62,000 missing migrant children from trafficking, forced labor, and exploitation networks tied to illegal migration — most of whom were lost during the Biden Administration.

Item #31 – Revoked Temporary Protected Status for over 500,000 migrants — a decision upheld by the Supreme Court.

Item #53 – Delivered the largest one-year decline in homicides in U.S. history by launching targeted federal crime crackdowns and ending Biden-era non-enforcement.

Item #69 – Created 654,000 private-sector jobs following deregulation, tax relief, and restored investment confidence.

Item #70 – Ensured 100% of net job growth went to native-born Americans by enforcing immigration laws.

Item #71 – Achieved massive economic growth, with real GDP rising 4.3% in the third quarter of 2025 — smashing economists’ expectations and setting the stage for future growth, with GDP projected to be even higher in the fourth quarter as President Trump’s policies continue to take effect.

Item #79 – Signed the Working Families Tax Cut, delivering the largest middle-class tax relief package in modern U.S. history and saving 5.9 million jobs.

Item #80 – Delivered on his No Tax on Tips campaign promise.

Item #106 – Secured new and improved trade agreements with major U.S. trading partners covering more than half of global GDP — including the United Kingdom, European Union, Japan, China, Republic of Korea, Indonesia, Malaysia, Thailand, Vietnam, Israel, Switzerland, the Philippines, and Cambodia.

Item #107 – Sent tariff revenues soaring, collecting $300 billion under expanded enforcement and new policies.

Item #108 – Reduced the trade deficit to its lowest since 2009.

Item #141 – Ended the Israel–Hamas war by imposing a ceasefire framework, securing the release of hostages, and enacting a landmark Gaza Peace Plan to unleash total security and prosperity for all in the region.

Item #144 – Brokered peace between India and Pakistan.

Item #145 – Brokered peace between the Democratic Republic of Congo and Rwanda.

Item #151 – Destroyed Iran’s nuclear weapons capability through coordinated military action, sanctions escalation, and intelligence operations.

Item #161 – Secured the capture of long-wanted narcoterrorist Nicolás Maduro, paving the way for his prosecution in the U.S.

Item #229 – Rolled out new merit-based federal hiring plans, ensuring the government’s hiring decisions are based on merit only — including at the Federal Aviation Administration, where the Biden Administration specifically recruited individuals with intellectual disabilities and psychiatric issues.

Item #313 – Established the Make America Healthy Again Commission tasked with investigating and addressing the root causes of America’s escalating health crisis — with an initial focus on childhood chronic diseases.

The selected items shared above are only a portion of the extensive list of the White House statement. Still, it give you an idea as to how vast the Trump administration’s initiatives really are. Truly, America is back and we should observe what else could President Trump and his team do over the next three years.

To see the full statement and list, click https://www.whitehouse.gov/articles/2026/01/365-wins-in-365-days-president-trumps-return-marks-new-era-of-success-prosperity/

Let me end this piece by asking you readers: What is your reaction to this development? Among the many initiatives Trump launched since January 20, 2025, how were you affected? Do you think the international community is respecting America more under the leadership of President Trump? Do you think the US economy is taking off towards a new economic boom? Do you think Trump’s America should start striking the terrorist state of Iran to bring down the Islamic regime once and for all?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Philippines Behind Many Southeast Asian Neighbors On International Tourism

January 3, 2026December 29, 2025carlocarrasco

With 2025 already behind us, one has to wonder how the Philippines performed when it comes to attracting foreign tourists and as of this writing, the final statistics have yet to be announced by the government. What is clear is that the Philippines really slumped on international tourism last year and the nation is behind many of its Southeast Asian neighbors, according to a recent news article by VnExpress International.

To put things in perspective, posted below is an excerpt from the news article of the VnExpress International. Some parts in boldface…

Vietnam and Malaysia are rising tourism stars in Southeast Asia thanks to relaxed visa policies and improving infrastructure while Thailand has lost its lead due to border clashes and safety concerns.

Vietnam received its 20th millionth foreign visitor in a year for the first time at the Phu Quoc International Airport on Dec. 15, marking a milestone for its tourism sector. The full-year is expected to exceed 21 million, surpassing the previous record of 18 million achieved in 2019 before Covid.

With its 21% growth rate this year, Vietnam is regarded by the United Nations World Tourism Organization as one of the fastest-growing markets in the world.

Malaysia attracted 28.2 million tourists in the first eight months of this year, a 14.5% increase year-on-year.

The industry will be supported by stronger Chinese tourist arrivals, improving flight connectivity and the government’s ambitious “Visit Malaysia 2026” campaign, according to HSBC Global Research.

“Malaysia is on track to easily exceed its 2025 tourism target of 31.4 million tourists, making it one of the few ASEAN economies to achieve its target.

“We estimate the number of tourists is likely to exceed 40 million.”

This year, both countries have strived to ease visa polices, enhance promotion campaigns and improve airport infrastructure.

Indonesia and Laos have also seen increasing tourist numbers.

Indonesia received over 12.76 million foreign visitors in the first 10 months, a 10% increase, with Malaysia, Singapore, Australia, and India being the leading source markets. Laos received 3.8 million, a 13% increase.

Challenging year for Thailand, Cambodia – Once a tourism powerhouse in Southeast Asia, Thailand has struggled with setback after setback this year.

The crisis began in January as many Chinese tourists canceled their trips to the country following the high-profile abduction of Chinese actor Xing Xing.

Two months later a deadly earthquake in Myanmar that sent tremors across Bangkok caused widespread damage to the tourism industry.

Escalating military clashes along the Thai-Cambodian border also triggered a surge in cancellations across provinces near the fighting. Some countries warned their citizens to postpone traveling to Thailand.

Arrivals as of early December declined by 7% to 30 million. Thailand had received 40 million tourists in 2019 and 35 million last year.

Meanwhile, Cambodia’s reputation took a beating in the eyes of South Koreans due to online scams and the disappearance of hundreds of their fellow citizens who entered that country.

The South Korean government has issued warnings to its citizens to cancel or postpone non-essential travel to the Cambodian capital Phnom Penh and areas like Sihanoukville and Bokor Mountain.

Cambodia attracted only 4.75 million tourists in January-October, a decrease of 11.6%.

The Philippines received 4.7 million foreign visitors in the first 11 months of the year, a 3.02% decline due to significantly lower arrivals from South Korea and China.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines still has a lot of problems to solve regarding infrastructure, tourism promotions and domestic travel costs before it could become competitive with its Southeast Asian neighbors? If ever the Philippines fails to hit its 2025 foreign tourist arrivals target, do you think the Department of Tourism (DOT) will once again point to tourism revenues as a barometer for success? With its current standing on international tourism, do you consider the 2023-2028 National Tourism Development Plan (NTDP) of the Philippines a failure already?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/and on Instagram athttps://www.instagram.com/authorcarlocarrasco

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