Thai Government adopts measures to boost tourism
The Thai Cabinet has approved two tax measures related to tourism in a bid to help support the sector’s expansion.
The Thai Cabinet has approved two tax measures related to tourism in a bid to help support the sector’s expansion.
The measures, proposed by the Finance Ministry, consist of tax exemption for domestic seminars and tax privileges for the tourism industry.
The two measures are hoped to help increase the income of tour agencies and motivate tourism entrepreneurs to invest in developing their properties.
The Thai Chamber of Commerce (TCC) earlier revealed that competitiveness of the country in tourism in the ASE AN region was still behind that of Malaysia due to negative factors in terms of security and political uncertainty.
Last year Malaysia attracted the highest number of ASEAN tourists of 25 million while Thailand ranked second with 22 million visitors, followed by Singapore at 14 million, the TCC said in a report. The nation's projection of the number of ASEAN tourists in the year 2015 is at 27 million which would translate into 1.22 trillion THB in revenue. In 2020 the number could be as high as 1.65 trillion THB with 34.5 million travellers.-VNA
The measures, proposed by the Finance Ministry, consist of tax exemption for domestic seminars and tax privileges for the tourism industry.
The two measures are hoped to help increase the income of tour agencies and motivate tourism entrepreneurs to invest in developing their properties.
The Thai Chamber of Commerce (TCC) earlier revealed that competitiveness of the country in tourism in the ASE AN region was still behind that of Malaysia due to negative factors in terms of security and political uncertainty.
Last year Malaysia attracted the highest number of ASEAN tourists of 25 million while Thailand ranked second with 22 million visitors, followed by Singapore at 14 million, the TCC said in a report. The nation's projection of the number of ASEAN tourists in the year 2015 is at 27 million which would translate into 1.22 trillion THB in revenue. In 2020 the number could be as high as 1.65 trillion THB with 34.5 million travellers.-VNA
You should also see
InfographicQuang An listed among the coolest streets in the world
Quang An Street in Tay Ho district, Hanoi, has been listed among the 30 coolest streets in the world by the British travel magazine Time Out.
See more
World
Indonesia enhances vigilance against money laundering
Indonesian President Joko Widodo on April 17 called on the Financial Transaction Reports and Analysis Center (PPATK) and related ministries to remain alert to new methods of money laundering, including those involving the cryptocurrency market.
World
Cambodia sees record number of tourists during traditional New Year holiday
Cambodia recorded almost 22 million domestic and international visitors travelling to different tourist destinations nationwide during the four-day traditional New Year holiday, from April 13 to 16.
World
Indonesia raises alert level to highest, warns of tsunami as volcano erupts
An airport in Madano city, the capital of Indonesia’s North Sulawesi province, has been ordered closed while hundreds of people evacuated and the alert level raised to the highest on April 18 due to large-scale volcanic eruptions of Mount Ruang.
World
ASEAN culture promoted in Mexico
Typical and diversified culture of ASEAN countries is being promoted at the ongoing ASEAN Week at the headquarters of Mexico’s Chamber of Deputies in Mexico city from April 15-19.
World
Thailand, New Zealand agree to elevate ties to strategic partnership
Thailand and New Zealand on April 17 agreed to upgrade bilateral ties to a strategic partnership by 2026, on the occasion of the 70th anniversary of bilateral diplomatic ties.
