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Thailand Considers Same-Sex Marriage Bill with Potential Economic Boost in Focus

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Experts and activists believe that beyond the social and legal implications, the bill to legalize same-sex marriage in Thailand could have a positive impact on the economy. They argue that it would boost the country’s tourism industry, attract foreign investment, and foster a more inclusive and productive workforce. Taiwan was the first place in Asia to recognize same-sex marriage in 2019, and last year Nepal became the second. In November, local authorities registered the first marriage of an LGBTI couple. Representatives like Tunyawaj Kamolwongwat have expressed that marriage equality prompts gay lovers to buy high-value items together, enhancing the economy.

Tunyawaj Kamolwongwat, an LGBT member of the House of Representatives, believes that legalizing same-sex marriage would lead to economic enhancement. He explains that gay couples buying high-value items such as houses and cars together, would boost the country’s economy. The wedding planning process also stimulates the country’s event industry, leading to growth in hosting parties and wedding receptions. However, despite the bill being passed, it still lacks the privileges of heterosexual marriage.

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