Suspected drug couriers killed in Phetchaburi; half a tonne of Ice seized
New home loan scheme aims to boost property sector with Bt125 billion
Domestic tourism urged to be promoted as backup plan to overseas arrivals
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Domestic tourism urged to be promoted as backup plan to overseas arrivals
13 Sept 12:11Key points summarised by AI
The Thai Hotels Association (THA) urges the government to promote domestic tourism as a crucial backup plan, expressing doubt over the mid-October target for reopening to foreign visitors amidst the country's worst COVID-19 outbreak.
The hotel industry faces a severe crisis, with 20% of hotels permanently closed and half of the remainder temporarily suspended; a survey indicates 60% of operating hotels have critical cash flow problems, with funds lasting only 1-3 months.
Tourism Minister Phiphat Ratchakitprakarn insists the government will proceed with its reopening plan, expanding the Phuket 'sandbox' model to other destinations like Samui, Krabi, and Phang-nga by August 22nd, aiming for 10 more provinces to reopen by October.
The government has adjusted its foreign arrival forecast for the year down to one million from three million, as the Phuket 'sandbox' continues despite a surge in local infections leading authorities to seal off the island from domestic visits.
New home loan scheme aims to boost property sector with Bt125 billion
20 Oct 11:38Key points summarised by AI
The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.