Thailand’s Unemployment Rate Lowest in 3 Years as Tourism Rebounds
Thailand’s unemployment rate dropped to 1.05%, its lowest in three years, as the country’s tourism industry rebounds.
The Tourism Working Group (TWG) comprises senior officials from the national tourism organizations of the six countries of the Greater Mekong Subregion. It serves as the advisory body to the Bangkok-based Mekong Tourism Coordinating Office (MTCO) and provides operational leadership and technical guidance to plan, implement, monitor, and evaluate subregional activities.
The working group meets at least twice a year.
MTCO serves as the secretariat for TWG, the MTCO Board, and the annual Mekong Tourism Forum.
Thailand’s unemployment rate dropped to 1.05%, its lowest in three years, as the country’s tourism industry rebounds.
A report by the United Nations World Tourism Organization (UNWTO) underscored that international tourism arrivals are slowly returning to pre-pandemic levels. The reopening of several Asian source markets and destinations will contribute to tourism recovery in 2023.
The Asian Economic Integration Report 2023 highlights the continued growth of integration in subregional initiatives and programs in Southeast Asia, including both in the GMS and the ASEAN, from 2006 to 2020.
The annual Mekong Tourism Forum returns as an in-person event in Preah Sihanouk Province, Cambodia, on 25–27 April 2023. Hosted by the Ministry of Tourism, Kingdom of Cambodia, the Forum’s theme is “Rethinking for Resilience and Digitalization.”
The Forum provides an interactive platform for regional tourism stakeholders to discuss critical issues and emerging trends, rethink the future of Greater Mekong Subregion (GMS) tourism, exchange insights and experiences, as well as reconnect face-to-face with each other.
Cambodia’s economy is forecast to grow at 5.5% in 2023 and 6.0% in 2024 on a more robust tourism recovery and higher growth in the services sector, according to a report released today by the Asian Development Bank (ADB).
The Mekong Tourism Forum 2022 (MTF 2022) was held in Quang Nam, Hoi An, Viet Nam, on 12 – 13 October 2022, attended by over 250 delegates from across the region. It was hosted by Viet Nam’s Ministry of Culture, Sports and Tourism, in collaboration with the Mekong Tourism Coordinating Office (MTCO) and supported by the Asian Development Bank. The MTF 2022 followed the 50th Meeting of the Greater Mekong Subregion (GMS) Tourism Working Group and the MTCO Board Meeting.
Cambodia has welcomed over 1.57 million international visitors during the first ten months of 2022, according to the latest report of the country’s Ministry of Tourism. The number of foreign tourists grew by 991.1% compared to the same period in 2021. According to data, tourist arrivals are as follows: around 1 million by land, around 560,000 by air, and 10,000 by waterway.
The Government of Viet Nam, with the Viet Nam National Administration of Tourism (VNAT), Ministry of Culture, Sports and Tourism (MCST) and the Mekong Tourism Coordinating Office (MTCO) as co-organizer, hosted the 50th Meeting of the Greater Mekong Subregion (GMS) Tourism Working Group (TWG-50) on 11 October 2022 in Quang Nam, Viet Nam. The meeting was attended by senior and mid-level officials representing the National Tourism Organizations of the six GMS countries, MTCO, development partners and organizations including ASEAN Japan Centre (AJC), Pacific Asia Travel Association (PATA), and Asian Development Bank.
The Asian Development Bank (ADB) has approved a $140 million loan to improve the environmental and economic conditions in Guilin in the Guangxi Zhuang Autonomous Region of the People’s Republic of China.
“Rapid urbanization has become a threat to Guilin's natural resources and sustainable development,” said ADB Senior Transport Specialist for East Asia Nicolas Dei Castelli. “This project will include a number of innovative solutions with demonstration potential, including low-carbon mobility, inclusive sanitation, and institutional development.”
LaoSafe, a health and hygiene program for the tourism and hospitality sector, was rolled out in the Lao People’s Democratic Republic by the country’s Ministry of Information, Culture and Tourism, to welcome tourists back safely into the country.