Japan’s determination to loosen border controls is predicted to buoy an economic system going through headwinds, as inbound tourism recovers with assistance from a weak yen.
Starting Oct. 11, Japan will open its doorways to particular person vacationers and resume visa-free entry for short-term vacationers, Prime Minister Fumio Kishida stated Thursday in New York. Before the COVID-19 pandemic, 90% of tourists to Japan got here for tourism — and of those, impartial vacationers accounted for 80%.
Japan welcomed 169,800 guests this August in information launched Wednesday by the Japan National Tourism Organization, down 93% from the identical month in 2019. The U.S. and Europe eased entry restrictions earlier, with the restoration in tourism demand spreading globally.
There had been practically 250 million worldwide vacationer arrivals worldwide within the first 5 months of 2022, in accordance with the United Nations World Tourism Organization — roughly tripling from a 12 months earlier. Arrivals recovered to almost half of pre-pandemic 2019 ranges.
International vacationer arrivals in Europe may attain 65% to 80% of 2019 ranges in 2022, in accordance with the UNWTO forecast. In the Americas, the determine may attain 63% to 76%.
Thanks to the looser restrictions, Japan may draw roughly 15.3 million worldwide vacationers in 2023, or 48% of 2019, in accordance with an estimate by Rino Onodera, an economist on the Mizuho Research Institute. This change is predicted to raise gross home product by 0.74% in 2023 from annualized GDP for the April-June quarter, earlier than the easing.
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newsonjapan.com – Sep 20
今年3月頃から外国為替市場で急激な円安・ドル高が進行し、9月には1ドル＝145円に接近。これは1998年以来24年ぶりの円安水準となる。わずか半年でなぜここまで円安が進行したのだろうか。
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