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A senior Chinese health official said now is not the right time to create travel bubble similar to the one suggested by Hong Kong and Singapore and has urged Chinese to limit travel overseas to prevent importing cases.
Fitch Ratings has joined rival agency Standard & Poor’s in expressing concern over the speed of recovery for Genting Bhd, citing a lag in Singapore, which is reliant on international tourism arrivals.
Jurisdictions around Asia are noting a strong surge in domestic tourism as a result of the pandemic, but border reopenings remain some way off and local traffic is unlikely to do enough to offset lost revenue in the IR industry.
Borders in Malaysia may be closed to international tourists until Q2, 2021, Nancy Shukri, the minister of tourism, arts and culture told the Nikkei Asian Review in an interview.
Hong Kong, Macau and Guangdong authorities are in discussions aimed at easing border requirements that would allow residents to be exempted from a 14-day quarantine period when travelling across borders.