De-Dollarisation means for the travel & tourism industry to be warned about using the US dollar for business transactions. Urged is to use the currencies of the countries you are doing business with.
U.S, Feb. 10 -- In a landmark lecture on Thailand at this year's joint meeting of the Association of Thai Travel Agents and the Thai Hotels Association on 5 February, Professor Dr. Piti Srisangnam, head of the ASEAN Foundation, cited "De-Dollarisation" as one of "6D" trends that will shake up Travel & Tourism, the other five being Decoupling/ DeRisking of the global value chains, Deglobalization, Destabilization, the Digital Divide and Degradation of Environment.
de-Dollarisation
The lecture is set to reset the content of industry discourse, in Thailand and beyond. For the first time, two leading Thai travel & tourism industry associations invited a professor to discuss the impact of geopolitical conflicts on their businesses, jettisonin...
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