Government House, Secretary-General of the Prime Minister Reveals that the government plans to issue measures to attract concerts, movies, and events. Arrange tax incentives-visa-facilitation packages Stimulating tourism, insists the Prime Minister praises the Singapore government Look at it as a case study.
Dr. Phrommin Lertsuriyadet Secretary to the Prime Minister Referring to measures to attract movies and concerts to support businesses and events (concert economics), he said the government is currently drafting regulations in the form of tax incentives (tax rebate) for holding various events in Thailand. But can compete with other countries. This measure covers filming in Thailand, concerts, and events such as e-sport competitions and trade fairs.
‘The granting of financial support will have criteria for calculating the worthiness and the concrete benefits that the country will receive. In the meantime, the government is taking on the work it can do, such as unlocking rules and regulations, such as all
owing the consumption of alcohol in government stadiums. In the case of organizing events in government stadiums, requesting a group visa for crew members, fast-track immigration for MICE participants, unlocking taxes on equipment/goods importation. Entering and exiting the country for MICE exhibitions,’ said the Secretary-General of the Prime Minister.
Dr. Phrommin said that in the case of Mr. Settha Thavisin, Prime Minister and Minister of Finance, addressing the Singapore government about negotiating an agreement with Taylor. Swift performs concert in Singapore, the only one in Southeast Asia, confirming that Mr. Settha spoke highly of the Singapore government. and sees that it should be studied as an example in terms of policies and measures to stimulate tourism
‘As for the Thai government It has already been confirmed that it will move forward with plans and measures to attract concerts in the form of supporting businesses and events that will be held in Thailand. To be able to compete with other count
ries, which will have a positive effect on the country in the long run. It also stimulates domestic tourism. Currently, there are no less than 3 major world-class companies that have contacted the government to organize concerts, shoot movies, and use Thailand as the backdrop for games,’ the Prime Minister’s Secretary-General said.
Foreign media reported on the Taylor Swift concert that Maybank economists estimated that Taylor had 300,000 fans in Singapore, with 70% of concertgoers flying in from overseas. and spent as much as $370 million in Singapore. Meanwhile, Yun Liu, ASEAN economist at HSBC, wrote in a recent report that Stimulating tourism through large-scale concerts contributes to the country’s additional 10% of GDP.
Edmund Ong, general manager of travel platform Trip.com in Singapore, said: Between 1 – 9 March 2024, Taylor Swift was in Singapore. Flights into Singapore jumped 186% and accommodation bookings increased nearly five times.
Source: Thai News Agency