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Jan 17-09

Bangkok Post Site
www.bangkokpost.com

Rescue plan cuts visa fees (H0008)

 

The government plans to waive visa fees for three months, cut the landing fee by up to 50% for airlines, and waive property tax for hotel operators for this year in a bid to revive its key tourism industry, which has been battered by political turmoil that culminated in the occupation of Bangkok's two airports late last year.

The measure will be proposed to the cabinet for approval next week.

According to a source from the Government House, a 50% cut of landing fees would be applicable only to state-run airports and the drop would be in addition to a 20% cut already agreed to by the Airports of Thailand Plc, the state-controlled airfield operator.

The cuts will run from Feb 1 until the end of September.

Residents of many neighbouring and Western countries already enjoy visa-free entry privileges for short visits, but those planning longer stays must obtain visas in advance for a fee of at least $30 per entry.

Earlier this week, Thailand's new government allocated one billion baht of its 115-billion-baht fiscal stimulus package to rejuvenate the tourism industry, which accounts for 5% of the economy.

Deputy government spokesman Puttipong Punnakan said the Cabinet plans to discuss other measures as well, including a short-term reduction in interest rates and property tax for hotel operators, and a reduction of airport surcharges, as well as discounts on air tickets.

By CHATRUDEE THEPARAT

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