THAILAND: Thai Tourism Ministry to return B1.4bn in deposits to registered tour companies

The Tourism Ministry of Thailand plans to return registration deposits to local tour operators amounting to 1.4 billion baht. The Tourism Department has this budget collected from inbound, outbound and domestic tour companies paying 50,000-200,000 baht per licence. To implement the policy, each company will receive 50-70% of the deposit back to help solve financial stagnation.