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As Thailand suffers the worst COVID-19 pandemic, economic risks are rising | Business and Economic News justicenewsflash.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from justicenewsflash.com Daily Mail and Mail on Sunday newspapers.
Thailand risks fueling its decade-high unemployment rate and household debt with the imposition of lockdown-like measures to contain the deadliest Covid outbreak to hit the nation. The greater Bangkok area, accounting for about 50% of Thailand’s gross domestic product, will shutter shopping malls, spas, massage and beauty clinics for at least two weeks starting Monday. A mandatory work-from-home rule for most government employees, overnight curfews and curbs on domestic travel are set to hurt retailers, airlines and restaurant operators, already reeling from some form of Covid restrictions for more than a year. Thailand is tightening restrictions to stem the spread of the more contagious delta variant of Covid that’s also fueled a surge in cases from Indonesia to Vietnam, and scuppered their plans to open up borders. The latest measures may further delay the Thai economy’s recovery from its worst slump in more than two decades and derail Prime Minister Prayuth Chan-O ....
Lockdown-like virus curbs dent economic recovery bets bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
Thailand faces severe COVID outbreak, economic risks increase Business and Economic News wiredprnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wiredprnews.com Daily Mail and Mail on Sunday newspapers.