Results 1 to 4 of 4
  1. #1
    Thailand Expat misskit's Avatar
    Join Date
    Dec 2009
    Last Online
    @
    Location
    Chiang Mai
    Posts
    30,968

    Govít to introduce major tourism sector packages in March

    Deputy Prime Minister Somkid Jatusripitak announced today that the government will be issuing additional tourism and economic promotional measures to help those affected by the spread of the COVID-19 virus.


    The measures will include tax breaks; domestic tourism promotions; financial assistance to affected hotels, tour agencies, and related service businesses; and an expenses reduction campaign for affected employees.


    The Minister of Finance Uttama Savanayana said today he will be instructing the Bank of Thailand and the Thai Bankers’ Association to take care of the financial status of affected companies by offering special services such as loan payback extensions, soft loans or low-interest loan offers, as well as developing tax measures, to encourage employers to continue employing their staff without laying anyone off.


    He said the expenses cutting measure will be made through phase 4 of the Chim Shop Chai campaign to encourage general spending for consumption, while a domestic tourism promotion campaign will come out as a campaign, allowing those 60 years old or older to refer their travel expense receipts to their children, who can claim the expenses as tax discounts.


    The DPM has asked all sectors to reach conclusions on these measures in March, to be further proposed to the Cabinet for approval in time for the measures to take effect in April. He said these short-term measures are all compliant with fiscal discipline.

    http://thainews.prd.go.th/en/news/category/5

  2. #2
    Thailand Expat
    taxexile's Avatar
    Join Date
    Nov 2006
    Last Online
    @
    Posts
    15,954
    Since when have government subsidies for loss making industries been compliant with fiscal discipline.

    If the thai tourist industry that has been comprehensively fleecing foreign visitors for 2 decades hasnt managed to trouser enough cash to see it through a temporary downturn, then it should be allowed to quietly expire on account of its own incompetence.

  3. #3
    I am no longer a Hostage

    Join Date
    May 2008
    Last Online
    Today @ 03:07 PM
    Posts
    4,292
    Buffet

  4. #4
    Thailand Expat
    sabang's Avatar
    Join Date
    Feb 2006
    Last Online
    Today @ 04:58 PM
    Location
    BackinOz
    Posts
    31,314
    Of course financial assistance can be expected for his sino-Thai mates who own the big hotels, but how much dża reckon is gonna filter down to locally owned guesthouses?
    They'll likely be fined for some breach or other if they even have the temerity to ask for it. TiT.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •