Bangkok (NNT/VNA), June 4 -- The Cabinet of Thailand has approved a reduction in Land and Building Tax this year of 90 percent to help ease economic disruption from the COVID-19 pandemic.

Meanwhile, schools across the country will open on July 1, with the Ministry of Education preparing contingency plans in case of emergencies.

Prime Minister and Minister of Defence Gen Prayut Chan-o-cha has revealed the outcome of the investment enhancement among other aspects, as the country enters the New Normal.

The Cabinet approved a 90 percent reduction in the Land and Building Tax this year to help the general public cope with economic disruption from COVID-19, and prevent potential issues with land and building taxation in the future.

The gove...