Pattaya One News
Home » 100,000 shops join Thailand’s ‘tourism subsidy program’
Finance National Pattaya News

100,000 shops join Thailand’s ‘tourism subsidy program’

tourism subsidy program

The Ministry of Finance reports that more than 100,000 shops have registered in the domestic tourism subsidy program allowing them to receive payments from allowances paid to domestic tourists, stressing preparedness in the travelers registration system.

The Minister of Finance, Uttama Savanayana has revealed the outcomes of economic stimuli following the joint committee meeting, saying that more shops have registered with the domestic tourism subsidy program, with some 100,000 shops now registered.

Most of these businesses, up to 80,000 shops, currently accept payments from Pracharat welfare cards, while some 32,000 shops are new.

The number of new shops registered is still below the government’s 40,000 shops target.

Registration is still open, and the Ministry of Finance is positive the number of shops will reach the target.

Interested shop owners can register until 20th September, while members of the general public who wish to receive allowances from this program for domestic travel can register from 23rd September to 22nd November.

Registered persons will receive a 1,000 baht allowance each from the government, and receive 15 percent cashback for their domestic travel expenses not exceeding 30,000 baht in total.

The allowance must be used within 14 days of receiving a confirmation SMS.

The Ministry of Finance is confident the online registration system will be ready, and can accommodate about 1,000,000 registrations daily.

On helping measures for farmers, the Ministry of Agriculture and Cooperatives has submitted the names of some 2 million registered rice farmers for the 2019-2020 cultivation season to the Bank for Agriculture and Agricultural Cooperatives for verification.

These farmers, after having their eligibility verified, will receive compensation at a rate of 500 baht per rai, capped at 20 rai, transferred into their bank accounts in three days.

Please follow and like us:
Global news and Local news in Thailand and Pattaya with Business advertising
Translate »