Thailand may lose 2 million jobs due to coronavirus: Planning agency BANGKOK (REUTERS) – Thailand may lose up to 2 million jobs this year, particularly in the tourist industry, as the novel coronavirus outbreak undermines economic activity, the state planning agency said on Thursday (May 28). About 8.4 million people are at risk of losing their jobs…
Thai economy could take more than 2 years to recover: Standard Chartered Standard Chartered Bank today (May 28) said it remains conservative on Thailand’s economic outlook, even as positive signs emerge with the possibility of a further policy rate cut to below 0.25 per cent. The return to pre-Covid levels of economic activity could take…
Thai parliament urged to pass record 1.9t baht virus stimulus bill [Bangkok] Thailand’s premier on Wednesday urged parliament to approve the kingdom’s biggest-ever stimulus package to revive an economy battered by coronavirus, which has brought tourism to a standstill, slashed exports and left millions jobless. The 1.9 trillion baht (S$84.4 billion) package would be a…