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Stock impact report

Japan to Speed Up Entry Process as Tourist Wave Hits New Record [Yahoo! Finance Canada]

ANA HOLDINGS INC S/ADR (ALNPY) 
NASDAQ:AMEX Investor Relations: ana.co.jp/group/en/investors
Most Read from Bloomberg The government will introduce a new preclearance system from next January, starting with tourists from Taiwan, NHK reported Friday. Visitors will be able to complete most of their immigration screening before departure to help shorten the time taken for entry procedures on arrival, according to the broadcaster. ADVERTISEMENT The decision comes with record numbers of tourists already visiting the country. Around 17.8 million people came in the first half, according to the Japan National Tourism Organization. June also marked the fourth straight month with more than 3 million visitors. The slump in the yen has turned Japan from a pricey bucket-list trip to a relatively inexpensive tourism and shopping destination. Prime Minister Fumio Kishida is set to declare that ¥8 trillion of spending by foreign visitors is within sight in 2024 at a meeting to promote tourism on Friday, the Nikkei reported. Underscoring inbound travel demand, ANA Holdings Inc. sai Show less Read more
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