New Year spending expected to rise as banks waive fees
FRIDAY, DECEMBER 19, 2014
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Kasikorn Research Centre expects Bangkokians' local and overseas spending this New Year holiday period to surpass Bt11.12 billion - a year-on-year increase of 8.1 per cent - as a result of the Tourism and Sports Ministry's stimulus package.
This year marks the first time banks will waive those fees, and it follows a collaboration with the ministry that aims to help drive tourism.