Ministry mulling subsidies for firms

The Tourism and Sports Ministry wants to directly offer subsidies to tour companies that sell packages to the elderly to help inject liquidity faster while the international market remains uncertain. Phiphat Ratchakitprakarn, the tourism and sports minister, said the agency is worried about the delay of the 5-billion-baht tourism stimulus project tailored to those aged 55-75. The aim of this project is to help tour operators that have missed out on subsidies for hotel rooms and airfares offered to individual tourists. He said it would be more efficient and manageable if the subsidised budget i…

Read More

HEDGE accordingly