Steps planned to boost consumption, tourism - News Summed Up

Trending Today


Steps planned to boost consumption, tourism


Chinese tourists pray at the Erawan Shrine in Bangkok on Tuesday. (Photo by Pattarapong Chatpattarasill)The government plans to introduce additional measures next month to boost consumption and tourism, its finance minister said on Tuesday, as it tries to shore up a faltering economy potentially facing a sharp blow from the coronavirus in China. Tourism, a key growth driver and previously the only bright spot in the economy, has been hit hard by China's ban on all group tours. The Tourism Authority of Thailand expects Chinese visits to fall by 2 million this year. The package is expected to attract investment worth more than 100 billion baht and add 0.25 percentage point to economic growth, said ministry official Lavaron Sangsnit.


Source: Bangkok Post January 28, 2020 10:52 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */