Boosting Local Tourism: How Thailand’s New Subsidy Plan Could Impact the Industry

As Thailand seeks to rejuvenate its tourism industry, the government is aiming to increase its domestic tourism subsidy to 50%, a major leap from the previous scheme. This initiative is expected to fuel more travel within the country and strengthen the local economy. With the support of international soft power and local cultural events, such as the anticipated Amazing Thailand Countdown 2025 featuring Lalisa “Lisa” Manoban, Thailand is set to make waves on the global stage while supporting local businesses.

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SCB Partners with Andaman Tourism to Drive Sustainable Transformation

In a world where sustainability is becoming more crucial than ever, businesses in the tourism industry are beginning to feel the shift towards greener operations. One of the leading forces behind this movement in Thailand is Siam Commercial Bank (SCB). Recently, SCB has reaffirmed its commitment to supporting tourism and hospitality businesses in the Andaman region—including popular tourist destinations like Phuket, Phang Nga, and Krabi — as they transition to more sustainable and environmentally friendly practices.

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