Thai cabinet approves measures to boost domestic tourism
Tweet
Share
E-mail
Tourists are seen in Bangkok's Chinatown, Thailand, May 16, 2025. REUTERS/Athit Perawongmetha TPX IMAGES OF THE DAY
BANGKOK (Reuters) -Thailand's cabinet has approved new incentives to boost domestic tourism, a finance ministry official said on Tuesday, as the government tries to revive a sluggish economy.
The steps, which include tax deductions for domestic travel and hotel renovations, are part of a series of stimulus measures aimed at lifting economic growth above 2.2% this year.
Southeast Asia's second-largest economy grew 2.5% last year, lagging peers.
(Reporting by Orathai Sriring and Panarat Thepgumpanat; Editing by David Stanway)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Pope Leo urges concessions for peace as Ukraine war drags on
- Kremlin says Russia-US arms control talks should have resumed 'yesterday'
- Child and two women die after migrant dinghy flounders off French coast
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
