Across the world the hopes of a quick recovery in countries’ economies evaporate as the effects of either the coronavirus, or the effects of the lockdowns, drag on. Even though Thailand has effectively contained Covid-19 at this stage with zero local transmissions for over 2 months, the economy is now stumbling with many businesses shuttered and no tourists coming into the country. Krungthai Bank has published a report stating that it would take 2-3 years for economic recovery in Thailand while health and digital business “would have a bright future”. Payong Srivanich, the Krungthai Bank president, quoted from a UN report […]
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