Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Business

Thailand to roll out a THB 2.45bn tourism boost, offering 500,000 co-pay subsidies and airfare discounts

Published

on

Thailand to roll out a THB 2.45bn tourism boost, offering 500,000 co-pay subsidies and airfare discounts

Thailand plans three tourism-boosting schemes: a 1.75-billion-baht co-payment programme covering hotels, restaurants, and attractions nationwide; 200-million-baht domestic airfare discounts for 400,000 seats; and a 500-million-baht international flight initiative targeting 487,000 visitors. All require Cabinet and committee approval before implementation, expected late 2026.

Key Points

Thai Travel Thai Plus: Nationwide co-payment scheme covering hotels, restaurants, attractions, spas, tours, and transport; needs 1.75B baht (2026-27), projecting 32B baht impact and 1.6B baht tax revenue.

Fly Thai All the Feeling: Subsidizes 400,000 airline seats (400-600 baht discounts) to secondary cities; costs 200M baht, expects 200,000 trips and 1.6B baht economic activity.

Thailand Air Connect: Supports 600+ international flights, targeting 487,000 visitors via 500M baht marketing budget, projecting 23.166B baht revenue. All require Cabinet approval before launching (~late 2026).

Advertisement

Thai Travel Thai Plus: A Nationwide Co-Payment Scheme

The Thai Travel Thai Plus initiative is a co-payment scheme designed to cover all 77 provinces, spanning a wide range of tourism services such as hotels, restaurants, attractions, OTOP shops, spas, one-day tours, car and boat hire, and public transport. The programme requires a budget of 1.75 billion baht, to be allocated across the 2026 and 2027 fiscal years. Officials project the scheme could generate a substantial economic impact of 32.046 billion baht, alongside roughly 1.6 billion baht in tax revenue. By subsidising a broad spectrum of tourism-related spending, the plan aims to boost domestic consumption while supporting small and community-based businesses nationwide, reinforcing Thailand’s tourism recovery strategy.

Airfare Incentives and International Connectivity Programmes

Complementing the domestic scheme, Fly Thai All the Feeling would subsidise 400,000 airline seats across six domestic carriers, offering 400 baht discounts for major cities and 600 baht for secondary destinations on a first-come, first-served basis. With a budget of 200 million baht, it is expected to generate 200,000 trips and 1.6 billion baht in economic activity. Meanwhile, Thailand Air Connect targets international travel, allocating 500 million baht for joint marketing with airlines and charter operators. The initiative aims to support 600 flights and attract 487,000 international visitors, generating an estimated 23.166 billion baht in tourism revenue.

Pending Approval and Implementation Timeline

Despite their promising projections, none of the three proposals has been finalized. Each requires formal endorsement from the public-private tourism committee and the Cabinet, as well as confirmation of the requested central budget allocations. Collectively, the measures are designed to stimulate domestic spending, promote travel to secondary cities, and strengthen international air connectivity, forming a cohesive strategy to revitalize Thailand’s tourism sector. If approved, the Thai Travel Thai Plus co-payment scheme is expected to become operational by late 2026, marking a significant step in the government’s broader effort to accelerate tourism-driven economic recovery through coordinated public-private investment.

Source : Thailand plans THB2.45bn tourism stimulus with 500,000 co-pay subsidies and airfare discounts

Advertisement

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Vertu in pole position as one of the UK’s Top 100 Apprenticeship Employers

Published

on

Business Live

Vertu emerged as as the highest-ranked automotive retail group on the high profile list

Some of Vertu's apprentices with senior management

Some of Vertu’s apprentices with senior management(Image: Matt Roberts)

Gateshead vehicle retail giant Vertu Motors plc has been recognised as one of the UK’s Top 100 Apprenticeship Employers for 2026. The firm was the highest-ranked automotive retail group on the national rankings, compiled by the UK Government and HIGHERiN.

The list celebrates organisations across England that demonstrate a strong commitment to apprenticeships through achievement, opportunity and apprentice experience. Bosses at Vertu say its inclusion recognises its success in consistently delivering across all three categories, reinforcing its focus on developing future talent within the business.

The Top 100 and Top 50 SME Apprenticeship Employer lists assess employers on successful completion rates, the breadth and accessibility of opportunities offered – particularly to young people – and the quality of the apprentice experience, as reflected in feedback and reviews.

The company currently supports 285 apprentices, including 12 undertaking degree-level apprenticeships. The group works in partnership with 16 training providers to deliver 26 apprenticeship standards, ensuring skills development aligns with the operational needs of the business.

Advertisement

In the last financial year, 130 apprentices successfully completed their programmes. During the same period, Vertu welcomed over 50 new apprentices, with a further cohort joining in the current financial year to date.

Robert Forrester, chief executive of Vertu, said: “This recognition highlights the work being done across the business to create meaningful career pathways for young people and older colleagues who are looking to expand their skills and grow within the company.

“Apprenticeships play a vital role in shaping our future workforce, and it is encouraging to see those efforts acknowledged at a national level. Our apprenticeship scheme is focused on giving people the opportunity to gain skills, qualifications and experience that puts them on the road to a rewarding career within the automotive sector.

“Apprenticeships bring fresh perspectives and energy into the organisation, while also supporting colleagues to progress and build long-term careers. The breadth of programmes we offer ensures people can develop in a wide range of roles, from technical specialisms through to leadership pathways.

Advertisement

“In fact, we have a number of colleagues who started on our Degree Apprenticeship programme over recent years who have already developed into management level roles across the Group. We are confident that there will be many more over the coming years.”

Continue Reading

Business

Will China’s oil appetite be enough to support prices?

Published

on


Will China’s oil appetite be enough to support prices?

Continue Reading

Business

The AI Capex Bill Comes Due

Published

on

The AI Capex Bill Comes Due

The AI Capex Bill Comes Due

Continue Reading

Business

Xerox and 4 More Stocks See Action From Activist Investors

Published

on

Pearson, Appian, WEX, and More Stocks See Action From Activist Investors

Xerox and 4 More Stocks See Action From Activist Investors

Continue Reading

Business

Is Inflation Ebbing? Not According to This Business Ratio

Published

on

The End of Tariffs? Not a Chance, These Economists Say

Is Inflation Ebbing? Not According to This Business Ratio

Continue Reading

Business

Microsoft Is a Good Long-Term Bet

Published

on

Robotics Could Be a Boon for the Elderly

Microsoft Is a Good Long-Term Bet

Continue Reading

Business

Why Paper Stocks Were the S&P 500’s Top Performers Today

Published

on

Why Paper Stocks Were the S&P 500’s Top Performers Today

Why Paper Stocks Were the S&P 500’s Top Performers Today

Continue Reading

Business

Microsoft: One Of The Best Buying Opportunities In Big Tech (NASDAQ:MSFT)

Published

on

Microsoft: One Of The Best Buying Opportunities In Big Tech (NASDAQ:MSFT)

This article was written by

Passage Research focuses on identifying variant perception through a blend of fundamental analysis and alternative data. The research process combines detailed financial modeling with real-time datasets to underwrite earnings power, margin durability, and forward expectations.The author has spent over a decade on Wall Street, most recently spending the last five years working in the hedge fund industry as an analyst. Typical coverage spans consumer, TMT, industrials and special situations, with an emphasis on asymmetric risk/reward and catalyst-driven opportunities.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of MSFT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Advertisement
Continue Reading

Business

ServiceNow: I’m Doubling Down On Strong Buy – Cheaply Valued SaaS Winner (NYSE:NOW)

Published

on

VVR: Avoid This Floating-Rate Fund For The Time Being (NYSE:VVR)

This article was written by

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of NOW either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The analysis is provided exclusively for informational purposes and should not be considered professional investment advice. Before investing, please conduct personal in-depth research and utmost due diligence, as there are many risks associated with the trade, including capital loss.

Advertisement

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Continue Reading

Business

Stocks to Watch: Bank of America, Intel, SAP, Oracle

Published

on

Stocks to Watch: Bank of America, Intel, SAP, Oracle

Stocks to Watch: Bank of America, Intel, SAP, Oracle

Continue Reading

Trending

Copyright © 2025