Thailand considers steps to help service sector as country mourns
[BANGKOK] Thailand is considering measures to help the tourism and service sector, a senior finance ministry official said on Monday, as the business has been affected by the mourning period for King Bhumibol Adulyadej.
With government asking people to "refrain from festivities" for 30 days, and embassies advising tourists to show restraint after the king's death, Bangkok's bustling bars and the country's famous holiday resorts could go unusually quiet.
Somchai Sujjapongse, the ministry's permanent secretary, told reporters that any measures to be introduced would not hurt the feelings of Thai people and would help the overall economy. He did not elaborate.
The ministry has forecast economic growth of 3.3 per cent this year, up from last year's 2.8 per cent.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Indian central bank issues draft guidelines for web aggregators of loan products
Vietnam National Assembly head resigns amid graft purge
China central bank flags bond investment risks to some financial institutions: sources
Xi tells Blinken US, China should be 'partners, not rivals'
Indonesia’s push for regional economic integration to continue under Prabowo: Vivian Balakrishnan
Outgoing Singapore, Indonesia leaders to hold their final retreat in Bogor on Apr 29