Government to launch Thai Teaw Thai Plus scheme on 1 October, supporting tourism stocks

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The government is preparing to launch the Thai Teaw Thai Plus scheme on 1 October to stimulate tourism during the high season, aiming to generate total tourism revenue of 3 trillion baht within four years. Analysts at TTB Wealth Securities said the scheme is positive for the tourism sector, especially AOT, BA, ERW, CENTEL and MINT. Details and conditions are expected to be finalised this week, with the proposal set to go to the cabinet in September.

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