Third wave of COVID-19 has cost the Thai economy 200-300 billion baht BANGKOK (NNT) – Analysts are encouraging the state to step up remedies for the COVID-19 situation, after assessing that the third wave of infections has cost the economy 200-300 billion baht and could cap growth this year at 1.6 percent. President of the…
UTCC sees growth dip to 1.6% GDP growth may dive to 1.6% this year if the government fails to stimulate an economy reeling from the third wave of the pandemic, says the University of the Thai Chamber of Commerce (UTCC). Despite maintaining its GDP growth forecast at 2.8%, the university on Thursday warned the government about…
Thai economy may lose $3 billion a month after new virus outbreak Analysts have cut growth forecasts for this year, but most concern now centres on the country’s slow vaccine rollout and whether the humanitarian crisis in Myanmar will cause a refugee spillover on the border that complicate efforts to suppress Covid-19 (ATF) Thailand’s economy…