{"id":777027361,"date":"2025-06-05T09:55:11","date_gmt":"2025-06-05T12:55:11","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777027361"},"modified":"2026-04-21T22:12:14","modified_gmt":"2026-04-22T01:12:14","slug":"thai-irs-could-boost-gdp-by-0-8-deputy-finance-minister-says","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/thai-irs-could-boost-gdp-by-0-8-deputy-finance-minister-says","title":{"rendered":"Thai IRs could boost GDP by 0.8%, deputy finance minister says"},"content":{"rendered":"\n<p>Julapun Amornvivat said an entertainment complex with a casino could generate between THB12.04bn and THB39.25bn in annual state revenue.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Thailand.- Deputy finance minister\u00a0<strong>Julapun Amornvivat\u00a0<\/strong>has said that integrated resorts (IR) could boost Thailand&#8217;s gross domestic product (GDP) by 0.8 per cent annually. The government predicts that entertainment complexes with casinos could generate between THB12.04bn (US$353m) and THB39.25bn (US$1.15bn) a year for the state, including taxes from hotels and theme parks.<\/p>\n\n\n\n<p>Speaking at a press conference, Amornvivat said the country needed a new economic driver and that casino and entertainment complexes could transform the tourism and service sectors, attracting more international visitors. He forecast at least THB100bn (US$3bn) in new investment and said foreign tourist arrivals could increase by up to ten per cent.\u00a0<\/p>\n\n\n\n<p>Amornvivat said the government had held multiple hearings with various sectors to listen to concerns and answer questions.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"600\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/04\/Julapun-Amornvivat-1024x683-900x600.jpg\" alt=\"Deputy finance minister Julapun Amornvivat.\" class=\"wp-image-777025013\" srcset=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/04\/Julapun-Amornvivat-1024x683-900x600.jpg 900w, https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/04\/Julapun-Amornvivat-1024x683-600x400.jpg 600w, https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/04\/Julapun-Amornvivat-1024x683-300x200.jpg 300w, https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/04\/Julapun-Amornvivat-1024x683.jpg 1024w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption class=\"wp-element-caption\">Deputy finance minister Julapun Amornvivat.<\/figcaption><\/figure>\n<\/div>\n\n\n<p><strong>Suksit Srichomkwan<\/strong>, deputy secretary-general of the prime minister, added that the service sector was crucial for tourism, accounting for around 18 per cent of GDP. He said that, although tourism is recovering, the country needed to encourage longer stays and boost tourist spending. He said the legalisation of casinos could create 9,000\u201315,000 jobs and help small and medium-sized businesses.<\/p>\n\n\n\n<p>The government\u00a0delayed discussion of <a href=\"https:\/\/focusgn.com\/asia-pacific\/thai-fiscal-policy-office-issues-12-point-statement-backing-casino-bill\" target=\"_blank\" rel=\"noreferrer noopener\">the casino bill<\/a>\u00a0until the next parliamentary session, which starts on July 2. <\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2024\/01\/166801721216396656531638282044macau-delays-gaming-law-review-due-to-the-pandemic-1-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/philippine-election-commission-disqualifies-porac-mayor-over-alleged-gaming-links'>Philippine election commission disqualifies Porac mayor over alleged gaming links<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Julapun Amornvivat said an entertainment complex with a casino could generate between THB12.04bn and THB39.25bn in annual state revenue.<\/p>\n","protected":false},"author":176,"featured_media":777027363,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Thailand's Deputy Finance Minister, Julapun Amornvivat, projects that integrated resorts with casinos could significantly boost the nation's GDP by 0.8% annually, generating THB12.04bn to THB39.25bn in state revenue and attracting THB100bn in new investment. The government views these complexes as a crucial new economic driver, aiming to transform tourism, create jobs, and increase international visitor spending, though the casino bill discussion is delayed until July 2.","focusai_entities":"Julapun Amornvivat, Suksit Srichomkwan","focusai_location":"Thailand","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), payments_fraud_aml (0.8), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Regulatory Framework Details","query":"What specific governance frameworks and B2B\/B2C licensing structures are being considered for Thailand's integrated resorts, and how will they address responsible gambling and AML compliance?"},{"label":"Investment & Operator Interest","query":"Given the projected THB100bn investment, which international casino operators and capital market entities have expressed preliminary interest in Thailand's integrated resort development?"}],"footnotes":""},"categories":[154,16333],"tags":[29,24619,225],"class_list":["post-777027361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-news","category-south-east-asia-news","tag-casino","tag-finance","tag-legislation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777027361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777027361"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777027361\/revisions"}],"predecessor-version":[{"id":777027375,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777027361\/revisions\/777027375"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777027363"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777027361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777027361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777027361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}