Thailand approves plan to lure a million foreigners to aid economy

BANGKOK, Sept 14 (Reuters): Thailand now has approved measures to attract "high potential" foreigners, including by providing longer term visas and tax benefits, as the Southeast Asian country tries to boost its flagging economy.

The tourism-dependent economy has been hit hard by the impact of the coronavirus pandemic, with the tourism sector still struggling. The government predicts growth of only 0.7% to 1.2% this year after a 6.1% contraction last year.