Home Uncategorized India, China, Malaysia Boost Thailand’s Tourism Profits
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India, China, Malaysia Boost Thailand’s Tourism Profits

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To attract more foreign visitors, the government has relaxed visa restrictions for remote workers and extended visa-free stays
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The Big Three: India, China, and Malaysia Propel Thailand to Tourism Success

Thailand welcomed 17.5 million foreign tourists in the first six months of 2024, representing a 35% increase compared to the same period the previous year. These visitors generated revenue of 825 billion Baht (USD 22.42 billion). China, Malaysia, and India were the main sources of tourism.

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Tourism plays a crucial role in driving Southeast Asia’s second-largest economy, which is facing challenges such as slowing exports and high household debt. The economy grew by 1.5% in the first quarter of this year, down from 1.7% in the previous quarter. In 2019, before the pandemic, Thailand welcomed a record 39.9 million tourists, contributing to 1.91 trillion baht in revenue.

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The government has implemented various measures to attract more foreign visitors, including relaxing visa restrictions for remote workers and extending visa-free stays. Earlier this year, visa requirements for Chinese tourists were permanently dropped following the waiver of visas for Indian citizens visiting the country in 2023.

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