Thailand May Gain From Virus-Led Migration: Central Bank Study

Thailand May Gain From Virus-Led Migration: Central Bank Study
Apr 27 2021, 2:33 PM
April 27 2021, 12:38 PM
April 27 2021, 2:33 PM
(Bloomberg) -- The massive labor migration Thailand experienced during the first wave of Covid infections last year may present an opportunity to modernize the country’s agricultural sector and develop outlying regions of the country, according to a Bank of Thailand study.
(Bloomberg) -- The massive labor migration Thailand experienced during the first wave of Covid infections last year may present an opportunity to modernize the country’s agricultural sector and develop outlying regions of the country, according to a Bank of Thailand study.
“This is a rare opportunity for such a big migration of modern workers, who have knowledge and technology, to return to their hometowns,” Saovanee Chantapong of the Bank of Thailand’s Macroeconomics Department and Warit Tassanasunthornwong of Thammasart University wrote in a report published on the central bank’s website Tuesday. “They will be a key driving force to create value added for the agricultural sector, as well as develop agricultural and health tourism.”

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