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Lifting of the martial law will help boost tourism business and will convince more western tourists to visit Thailand, Mr Bunthoon Lamsam, chairman of Kasikorn Bank, said on Thursday.
“Tourism is regarded as an important export product. Without the martial law, there won’t be a condition that has caused concern among the tourists and more of them will arrive here,” said the banker.
He said he understood the need to invoke Section 44 of the interim charter to replace the martial law because the government needs a mechanism to ensure peace and order.
However, he suggested that the government must take care of the economy as well.
A member of the state enterprises policy and supervisory committee, Mr Bunthoon gave moral support to Finance Minister Sommai Phasi urging him not to feel discouraged and should press ahead with tax reform.
The tax issue is complicated and it needs to consult all parties concerned, said the banker.