Thailand: Soft loans planned for struggling airlines, tax break on jet-fuel extended as only five Covid-19 cases reported

Images from The Nation Thailand/Asian News Network

BANGKOK, Sept 22 (The Nation Thailand/ANN): The Government Savings Bank (GSB) is planning to offer soft loans with annual interest of 2 per cent to airlines hit by the Covid-19 fallout. The loan term will be 60 months.

The package will be sent to the Cabinet for approval soon, said GSB chairman Patchara Anuntasilpa. The move would help revive Thailand’s tourism industry, seen as vital for economic recovery, he added.