** Thailand Declares Extra Holidays to Boost Tourism Economy

The Thai government has announced additional holidays to stimulate its tourism-dependent economy. The move aims to attract more visitors and inject revenue into the sector, which was hit by global health concerns and travel restrictions.

This decision comes as part of broader efforts to diversify the country's economy and reduce reliance on specific industries. Thailand's tourism industry accounts for a significant portion of the nation's GDP.

The government's strategy involves adding extra days off for employees, effectively creating longer breaks and encouraging leisure travel. While this might boost local businesses, some experts caution that it may also lead to increased costs for employers and potentially disrupt supply chains.

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Source: https://www.bloomberg.com/news/articles/2024-11-12/thailand-declares-extra-holidays-to-spur-tourism-reliant-economy