Thailand Extends Visa-fee Waivers to Boost Tourism as Growth Slows
Thailand – Thailand will extend until April next year a measure that waives fees for visas on arrival issued to tourists from 18 countries, as it looks to stimulate growth in tourism to spur a slowing economy, the prime minister said on Tuesday.
The waivers are part of a $10-billion stimulus package to boost growth, including a debt moratorium for farmers, loans for smaller businesses, and more money for low-income earners.
“The cabinet approved the extension of fee waivers until April 2020,” Prime Minister Prayuth Chan-Ocha told reporters, adding that the scheme would cover Lunar New Year and the Thai new year, Songkran.
Foreign tourist receipts make up about 12% of Southeast Asia’s second-largest economy, but arrivals increased just 0.89% in June, with visitors from China, the biggest source, declining 7.1% from a year earlier.
The fee of 2,000 baht ($65) is to be waived until next year for travelers from 18 countries, including China and India.
But the cabinet rejected a proposal for visa-free entry for visitors from China and India, because of security concerns, government spokesman Narumon Pinyosinwat said.