Thailand's government is planning to stimulate the domestic tourism sector and accelerate state spending to boost the economy, which has been impacted by US tariffs and a decline in foreign visitors. The proposed stimulus package, set for cabinet review next week, features tax incentives for local tourists by allowing them to deduct travel expenses from their taxable income.
In addition to tax breaks for individuals, the government also aims to increase spending on conferences and events held within Thailand. Initiatives to encourage hot... download the app to read more
Follow top global news sources, read AI-powered summaries, ask AI your questions, translate news into your language, and join live chats — all with YoyoFeed!
