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Thailand plans to tax tourists as global travel rebounds

Web Desk 08:31 PM | 12 Jan, 2023
Thailand plans to tax tourists as global travel rebounds
Source: kimkim.com

BANGKOK - Famed tourist hub Thailand plans to start charging a tourist fee from June this year, it has emerged.

Thailand's tourism minister, Phiphat Ratchakitprakarn has said that the funds raised through tourists will go towards helping visitors who meet accidents and for developing tourist destinations.

At present, the authorities are planning to charge 300 baht (£7.39) from the tourists starting from June but the final decision in this regard rests with cabinet. The fee will be a one-off collected from air travellers after they arrive in the country.

“Fee collection for tourists arriving by land requires further study, such as determining if the fee amount should be less than 300 baht because the average length of stay for these visitors is only one to two nights,” Mr Phiphat had confirmed last year.

The minister has now confirmed that fees won’t be collected from foreigners with work permits and border passes. The proposal to tax tourists was first pitched last year, but it was withdrawn by Thailand’s Ministry of Tourism and Sports.

Thailand welcomed 11.8 million tourists in 2022 but for 2023, it is slated to go to around 25 million.

Currently, many countries charge tourists including Barcelona and Venice. Globally, Bhutan’s tourist tax is the highest. The tax was increased by 300 per cent when the country reopened its borders in September 2022 and now stands at around $200 (£167).

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on January 28, 2023 (Saturday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 263.9 266.15
Euro EUR 275.75 278.5
UK Pound Sterling GBP 313 316
U.A.E Dirham AED 69.75 70.45
Saudi Riyal SAR 67.25 67.9
Australian Dollar AUD 178.5 180.9
Bahrain Dinar BHD 644.19 652.19
Canadian Dollar CAD 187.5 189.70
China Yuan CNY 35.71 36.11
Danish Krone DKK 35.38 35.78
Hong Kong Dollar HKD 30.94 31.29
Indian Rupee INR 2.97 3.08
Japanese Yen JPY 2.50 2.54
Kuwaiti Dinar KWD 793.10 802.15
Malaysian Ringgit MYR 57.02 57.62
New Zealand Dollar NZD 156.69 158.69
Norwegians Krone NOK 24.46 24.76
Omani Riyal OMR 629.39 637.39
Qatari Riyal ‎QAR 66.54 67.24
Singapore Dollar SGD 184.38 186.38
Swedish Korona SEK 25.31 23.81
Swiss Franc CHF 263.01 265.51
Thai Bhat THB 7.38 7.53

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs209,600 on Saturday. The price of 10 grams of 24k gold was recorded at Rs174,990.

Likewise, 10 grams of 22k gold were being traded for Rs157,300 while a single tola of 22-karat gold was being sold at Rs 178,500.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 209,600 PKR 2,220
Karachi PKR 209,600 PKR 2,220
Islamabad PKR 209,600 PKR 2,220
Peshawar PKR 209,600 PKR 2,220
Quetta PKR 209,600 PKR 2,220
Sialkot PKR 209,600 PKR 2,220
Attock PKR 209,600 PKR 2,220
Gujranwala PKR 209,600 PKR 2,220
Jehlum PKR 209,600 PKR 2,220
Multan PKR 209,600 PKR 2,220
Bahawalpur PKR 209,600 PKR 2,220
Gujrat PKR 209,600 PKR 2,220
Nawabshah PKR 209,600 PKR 2,220
Chakwal PKR 209,600 PKR 2,220
Hyderabad PKR 209,600 PKR 2,220
Nowshehra PKR 209,600 PKR 2,220
Sargodha PKR 209,600 PKR 2,220
Faisalabad PKR 209,600 PKR 2,220
Mirpur PKR 209,600 PKR 2,220

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