Agency News

World News | Thailand to Spend $707 Million to Boost Domestic Tourism

Get latest articles and stories on World at LatestLY. Thailand's Cabinet on Tuesday approved three projects with a combined budget of more than 22 billion baht (USD 707 million) to help the country's reeling tourism industry recover from the coronavirus crisis.

World News | Thailand to Spend $707 Million to Boost Domestic Tourism

Bangkok, Jun 16 (AP) Thailand's Cabinet on Tuesday approved three projects with a combined budget of more than 22 billion baht (USD 707 million) to help the country's reeling tourism industry recover from the coronavirus crisis.

The packages are meant to promote domestic travel from July to October. Tourism normally accounts for more than 10% of Thailand's GDP.

Also Read | India-China Tensions: MEA Says Violent Face-Off at Galwan Valley Result of Chinese Side's Bid to 'Change Status Quo'.

International flight arrivals were stopped in early April, drying up the market for foreign tourists.

The biggest package, with an estimated cost of 18 billion baht (USD 579 million), will give travelers a 40% discount to a maximum value of 3,000 baht (USD 96) per night for up to five nights' accommodation.

Also Read | MEA Reacts to India-China Fatal Face-Off at Galwan Valley, Says Incident Result of Chinese Side's Attempt to Change Status Quo: Live Breaking News Headlines & Coronavirus Updates, June 16, 2020.

They will also be given credits of 600 baht (USD 19) per day, paid into the government's existing e-wallet system, for spending on extras such as food and souvenirs.

A second package with an estimated cost of 2 billion baht (USD 64 million) will give up to 2 million Thais 1,000-baht (USD 32) subsidies for travel by air, regional buses, and car rentals.

A 2.4 billion baht (USD 77 million) third package does double duty by serving as a reward to about 1.2 million medical workers and other frontline fighters against COVID-19.

They will be eligible for credits of 2,000 baht (USD 64) apiece for travel booked through local tour agencies Plans for the gradual return of foreign travelers are under discussion.

The introduction of a 'travel bubble' would allow entry to a limited number of visitors vetted both by Thailand and their home countries. They would initially come from countries judged to have successfully tamed the coronavirus threat, such as China and New Zealand, and could possibly comprise business travelers and medical tourists.

However, the recent discovery of a new cluster of COVID-19 cases at a large market in the Chinese capital Beijing has become a cause for concern. (AP)

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)