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  • One Covid-19 death, 230 new cases

    A Bangkok man died and 230 people were infected with Covid-19, bringing the totals to 70 deaths and 11,680 cases, according to the Covid-19 centre's daily report on Saturday.

    Taweesilp Visanuyothin, spokesman for the Centre for Covid-19 Situation Administration, said the 67-year-old man who died had been to an entertainment venue twice, on Dec 21 and Dec 23.

    From Dec 24-27, he fell ill with a fever and a cough, said Dr Taweesilp.

    After learning that an employee of the venue had been diagnosed with Covid-19, the man asked to be tested on Dec 29. The result came back positive the next day.

    On Thursday, he developed pneumonia and acute kidney failure and died on the same day, said the CCSA spokesman.

    Of the 230 new local infections, 83 were people who had been in close contact with previously infected patients or visited high-risk areas, and 126 tested positive during active case finding in communities.

    The cases in the first group were found in Samut Sakhon (55), Bangkok (12), Ang Thong (6), Chon Buri (5), Khon Kaen (2) and one each from Chanthaburi, Chaiyaphum and Pathum Thani.

    The second group were detected during active case finding in Samut Sakhon (110), Chon Buri (5), Rayong (4), Pathum Thani (3), Samut Prakan (2), Chanthaburi (1) and Chachoengsao (1).

    The 21 infected arrivals consisted of 18 Thais, one Briton, one Nigerian, and one Turk. They arrived from Germany (3), Qatar (1) Ethiopia (1), Russia (1), the United States (1), the United Kingdom (7), Turkey (6) and Malaysia (1). All were in quarantine.

    Of the 11,680 people infected since the pandemic began in January last year, 8,906 (76.25%) have recovered, including 618 discharged from hospitals over the past 24 hours, and 2,704 remain in hospitals.

    Global Covid-19 cases rose by 761,554 over the previous 24 hours to 94.3 million. The worldwide death toll climbed 14,816 to 2.01 million. The US had the most cases at 24.1m, up 248,080, followed by India with 10.54 million, up 15,151. Thailand ranked 127th.: https://www.bangkokpost.com/thailand...-230-new-cases

    Originally posted by Somchai Boonporn View Post
    Perhaps a blessing in disguise for the Golden Land.

    Keep your friends close and your enemies closer

    Comment


      • COVID-19 infection gives some immunity, but virus can still be spread, study finds

      People who have had COVID-19 are highly likely to have immunity to it for at least five months, but there is evidence that those with antibodies may still be able to carry and spread the virus, a study of British healthcare workers has found.

      Preliminary findings by scientists at Public Health England (PHE) showed that reinfections in people who have COVID-19 antibodies from a past infection are rare - with only 44 cases found among 6,614 previously infected people in the study.

      But experts cautioned that the findings mean people who contracted the disease in the first wave of the pandemic in the early months of 2020 may now be vulnerable to catching it again.

      They also warned that people with so-called natural immunity - acquired through having had the infection - may still be able carry the SARS-CoV-2 coronavirus in their nose and throat and could unwittingly pass it on.

      “We now know that most of those who have had the virus, and developed antibodies, are protected from reinfection, but this is not total and we do not yet know how long protection lasts,” said Susan Hopkins, senior medical adviser at PHE and co-leader of the study, whose findings were published on Thursday.

      “This means even if you believe you already had the disease and are protected, you can be reassured it is highly unlikely you will develop severe infections. But there is still a risk you could acquire an infection and transmit (it) to others.”: https://www.reuters.com/article/us-h...-idUSKBN29J004
      • Coronavirus Cases: 94,402,058

      Deaths: 2,019,906

      Underreported US death count: 401,856

      American Civil War Casualties (North and South) - 214,938

      Originally posted by Boon Mee View Post
      it's been blown way out of proportion.
      Keep your friends close and your enemies closer

      Comment


      • Thai PM insists COVID-19 vaccines must be proven safe before inoculation starts

        Prime Minister Prayut Chan-o-cha announced on Sunday that Thailand will not start COVID-19 vaccination of Thai people until it is proved to be safe.

        In his Facebook post today, the prime minister referred to reports of serious negative side effects suffered by some people who were given the vaccinations, saying that he has to wait for information from the experts about whether the complications were caused by the vaccines or by other factors, such as poor health or the ages of those inoculated, or whether the side effects are, in fact, acceptable.

        “For Thai people, I decided not to take the risk and will not rush to inoculate with vaccines which have not been fully tested and will not let Thai people become guinea pigs,” said the prime minister.

        He said that the National Vaccine Committee will advise the government and closely supervise the use of COVID-19 vaccines in the country.

        While vaccines are not available, he stressed the importance of everyone taking precautions, by wearing face masks all the time when they leave home, observing social distancing and refraining from gathering together, adding that, for effective containment of the disease, all Thais must download the Thai Chana and Mor Chana apps.

        Thailand has placed orders for 60 million doses of COVID-19 vaccines with different sources. The first shipment of 200,000 doses of vaccine from China’s Sinovac Biotech company are scheduled to arrive in February. Another shipment of 800,000 doses are scheduled for March, followed by another one million doses in April.

        The Thai government has also pre-ordered 26 million doses of vaccine from AstraZeneca, to be produced locally by Siam Bio Science, with vaccine technology transfer.: https://www.thaipbsworld.com/thai-pm...lation-starts/

        Originally posted by Somchai Boonporn View Post
        Perhaps a blessing in disguise for the Golden Land.

        Keep your friends close and your enemies closer

        Comment


        • Thai AirAsia to furlough 75% of workforce

          Thai AirAsia will keep only one-fourth of the staff and ask the rest to take a leave-without-pay offer for four months, starting February, as the re-emerging coronavirus outbreak has dealt a heavy blow to the aviation sector.

          Tassapon Bijleveld, executive chairman of Asia Aviation Plc (AAV), the largest shareholder of the airline, said on Monday only 25% of its workforce will be active after this month as the airline is downsizing to match real demand.

          He did not mention the size of the workforce, but according to the latest AAV annual report, it had 5,974 employees in 2019.

          “Before the Covid-19 resurgence, we had 40 planes serving domestic flights. But since the re-emerging of the outbreak, some provincial lockdowns have made it impossible for people to travel and passenger demand has dropped significantly at every airport,” said Mr Tassapon.

          The budget airline has 62 aircraft, which has not been fully utilised since the first nationwide lockdown in April last year. It flies only 10 planes now due to the sluggish demand for air travel.

          He said the company had no layoff plans for now but it was difficult to predict when the market would recover.

          He said the furlough from next month to May should allow the employees to find other revenue sources and resume work immediately if the situation improves.

          Mr Tassapon said there was little hope for financial support for airlines from the government. Thai AirAsia now is trying to secure loans from banks by itself, instead of waiting for state approval, he added.

          The furlough, the second in the past few months, was larger in scale that the first round late last year.

          “The international market should recover in the last quarter of this year, but only slowly. Half of the global population must be vaccinated before international travel can resume,” said Mr Tassapon.

          As of September 2020, its staff-related expenses accounted for 18% of operating costs, the second highest after jet fuel.

          During the first nine months of 2020, the low-cost airline carried 6.68 million passengers, a 60% dip compared to the same period in 2019.

          AAV stocks plunged six satang, or 2.54%, to 2.30 baht on Monday.: https://www.bangkokpost.com/business...5-of-workforce

          Originally posted by Somchai Boonporn View Post
          Perhaps a blessing in disguise for the Golden Land.

          Keep your friends close and your enemies closer

          Comment


          • First shipment of COVID-19 vaccine to arrive in Thailand this week

            Thailand may get its first emergency shipment of COVID-19 vaccine this week, ahead of schedule, and vaccinations should be able to begin in February, according to Dr. Opas Karnkawinpong, director-general of the Disease Control Department.

            He said today that a manufacturing company, which he did not name, had already submitted detailed information and samples of their vaccine to the Thai Food and Drug Administration for examination and tests of its efficacy and safety.

            He said that the vaccine is expected to be approved by the Thai FDA, that the first lot of the vaccine will be in Thailand within this week and that vaccination can start in February as planned.

            Dr. Opas also said that, after mass vaccinations, there will be a follow-up system to monitor the condition of those inoculated for any negative side effects, adding that, if there are, a committee will investigate each case to determine whether the symptoms are linked to the vaccine.

            He indicated that, if it is proven that they were not related to the vaccine, then the vaccination program will continue, but that, if there is any doubt regarding the safety of the vaccine, it will be suspended until it is proven safe for use.

            Since the COVID-19 vaccine is new, he said that safety is the top priority and, hence, the need to test its efficacy and safety and to monitor results.

            While describing vaccines as just a tool to contain the virus, Dr. Opas said prevention is still necessary through the wearing of face masks, regular hand washing with sanitizer and social distancing.: https://www.thaipbsworld.com/first-s...and-this-week/

            Originally posted by Somchai Boonporn View Post
            Perhaps a blessing in disguise for the Golden Land.

            Keep your friends close and your enemies closer

            Comment


            • Thailand - Tour firm exits peak last month

              The pandemic continues to ravage tourism operators as the number of tour companies withdrawing their licences reached its peak in December, while 65-70% of outbound agents closed indefinitely amid the tight border restrictions.

              Around 10% of outbound operators gave up their licences with the Tourism Department, particularly after the resurgent virus hit local communities on Dec 15, said Suthiphong Pheunphiphop, president of the Thai Travel Agents Association (TTAA).

              The virus which spread from its epicentre at the Central Shrimp Market in Samut Sakhon province dimmed operators' hopes for a recovery.

              According to the Tourism Department, 2,598 tour operators quit the market permanently last year by returning their licences in order to get their guarantee deposits back.

              As Thailand's tourism industry has faced difficulties from the lack of international tourists for nearly a year, deregistration saw the highest record in the fourth quarter last year with 765 companies in total. In December alone 293 tour companies give up licences.

              Mr Suthiphong said domestic tourism could restart by April, but it depends on how efficiently the government can control the new outbreak to regain travel confidence by February and March.

              Meanwhile, the global trends are expected to be improved during April and May after the winter season ends and the warmer weather might inhibit the spread of the virus.

              "Operators have to wait and see how things turn out in June," Mr Suthiphong said.

              "The outlook for the outbound market is the most difficult to predict as the industry faces highly uncertain factors such as vaccine efficacy and policies in each destination to allow the flow of tourists."

              He said even though there have been reports about post-vaccination deaths, most of them occured among the elderly.

              People should not worry too much because the vaccine is the only solution to the pandemic.

              Under the current circumstances, the TTAA also postponed the Thai International Travel Fair to Aug 26-29 instead. The fair targeting the outbound market was previously set for Feb 25-28.

              According to the TTAA, there were around 1 million outbound Thai tourists who spent around 50 billion baht abroad in 2020, a nosedive compared to 11 million tourists with a total spending of 430 billion baht in 2019.

              Meanwhile, Tourism and Sports Minister Phiphat Ratchakitprakarn said the ministry plans to meet Labour Minister Suchart Chomklin this week. The meeting is to discuss steps to safeguard employment as he plans to propose a 50% co-payment scheme for monthly salary, capped at 7,500 baht per head.: https://www.bangkokpost.com/business...eak-last-month

              Originally posted by Somchai Boonporn View Post
              Perhaps a blessing in disguise for the Golden Land.

              Keep your friends close and your enemies closer

              Comment


              • Thailand - 5 steps to keep elders safe from Covid-19

                The Department of Disease Control has advised elderly people to stay safe from the new wave of Covid-19 by following five simple steps.

                “Elders have the highest risk of contracting Covid-19, therefore family members should keep an eye out for their health and follow these five simple steps,” department director-general Dr Opas Karnkawinpong said on Tuesday.

                1. Avoid leaving the house unnecessarily.

                2. Wear a sanitary or cloth face mask whenever you have to go out, or when visited by others.

                3. Wash your hands with soap and water or an alcohol hand sanitiser gel regularly.

                4. Separate meals and personal items for elders to reduce the risk of the virus spreading within the family.

                5. Take a shower and wash your hair immediately after coming back from outside.“Moreover, if a family member has travelled to a high risk or crowded area, make sure to stay at least 1-2 metres away from him or her,” Dr Opas said.

                “Elders who have chronic diseases such as high blood pressure, diabetes, heart and lung diseases or liver diseases should stay home until the situation improves,” he strongly advised.

                “Try engaging in domestic hobbies to avoid boredom, such as gardening or light exercise, which will also improve the body’s immune system,” he added.: https://www.nationthailand.com/news/...ernal_referral

                Originally posted by Somchai Boonporn View Post
                Perhaps a blessing in disguise for the Golden Land.

                Keep your friends close and your enemies closer

                Comment


                • Row over contact-tracing app threatens to blow hole in Thailand’s COVID defence

                  Thailand’s much-touted contact-tracing app, MorChana, risks losing its “national hero” status as questions emerge about its efficacy and transparency.

                  Last Friday (Jan 15), the MorChana Volunteer Team abruptly announced the government had taken full control of the app, adding they hoped its potential to alert people of COVID-19 risks would be maximised. The app uses a red, orange, yellow and green colour code to show users their risk level.

                  The app’s handover sparked wild speculation that authorities were meddling too much in the management of MorChana, which has already got 7 million downloads.

                  Suspicions over government interference were heightened when an independent academic close to the MorChana Volunteer Team said the app would be “useless” if the Disease Control Department (DCD) did not use it to provide information on infected people.

                  “There is no use labelling an area a red zone. It’s a person that is infected, not a place,” Loy Chunpongtong told a TV reporter.

                  Responding to this open quarrel, many users said they were abandoning MorChana over concerns about its transparency and efficacy.

                  What went wrong?

                  When COVID-19 first hit Thailand early last year, expert volunteers offered to help the country pull through this crisis. Leveraging their expertise, they won backing from the public and private sectors and came up with the MorChana app, which was launched in April last year. This partnership lasted about nine months, until the government took sole control this month.

                  On January 7, Centre for Covid-19 Situation Administration (CCSA) spokesman Dr Taweesin Visanuyothin stepped up efforts to push the app, even indicating it was mandatory and failure to use it could land people in legal trouble.

                  Four days later, the Digital Government Development Agency – which is tasked with managing MorChana – posted a message on its website calling on people to download the app.

                  Behind the scenes, sources said the government’s approach to managing the app had caused rifts with MorChana’s developers, prompting them to pull out of the project.

                  DCD director-general Dr Opart Karnkawinpong recently hinted at quarrels and moves to mend fences.

                  “We are in the process of further developing the app together. So there may have been some misunderstanding between software developers and the Public Health Ministry. We will address these issues and consult each other to promote good understanding,” Opart said.

                  The Digital Economy and Society (DES) Ministry insists the app’s developers still support the government, and also that it provides the latest data on users’ infection status.

                  “We don’t display just green [very low risk] status,” DES Minister Buddhipongse Punnakanta told a press conference on Monday (Jan 18).

                  At the same event, DCD deputy director-general Dr Preecha Prempree said a user’s infection status is only changed once a hospital confirms the infection and local officials forward the information to the DES and the app’s developers.

                  Buddhipongse said the government had taken sole control of the app because of a significant rise in users, and because it wants to ensure users’ privacy is properly protected.

                  According to the ministry, the app is now linked to the government’s data centre and cloud service because its original cloud setup came close to being overwhelmed by the number of users.

                  In response to the move, MorChana has stopped asking for personal information during registration and some features have been removed to ensure privacy is strictly protected. The app now just identifies and alerts people when they visit an area in which infection has been found.

                  MorChana uses GPS, Bluetooth and QR Code technology for speedy contact tracing, which has played a crucial role in curbing the spread of COVID-19. The virus has so far infected more than 10,000 people in Thailand and caused 70 deaths.: https://www.thaipbsworld.com/row-ove...covid-defence/

                  Originally posted by Somchai Boonporn View Post
                  Perhaps a blessing in disguise for the Golden Land.

                  Keep your friends close and your enemies closer

                  Comment


                  • Thailand - B210bn hardship aid gets nod

                    The cabinet on Tuesday confirmed 210 billion baht of handouts to alleviate hardship caused by the recent Covid-19 outbreak.

                    Under a new financial aid scheme known as "Rao Chana", the government will provide a total of 7,000 baht per person over two months to cover 31 million people affected by the pandemic

                    Registration has been scheduled for Jan 29-Feb 12 on www.[FONT=Cordia New]เราชนะ.com. Two of the criteria used to screen applicants are their annual income and how much they have in their bank accounts.[/FONT]

                    Those who are approved won't be paid cash, however -- the scheme uses a model similar to the co-payment subsidy programme known as "Khon La Khrueng", in which the money is transferred via the "Pao Tang" app and used to buy food, drinks and essential items.

                    During a Facebook Live session by Finance Minister Arkhom Termpittayapaisith to unveil the details of the scheme, netizens slammed how the financial aid was being distributed and said they preferred cash.

                    "Rao Chana" will, however, cover people's travel costs and the money can also be used to pay for public transport, including registered motorcyclist taxis, taxis and passenger vans.

                    Deputy Prime Minister Supattanapong Punmeechaow said on Tuesday the scheme would be funded by loans the government approved last year to help people affected by the pandemic, repair the financial system and restore economic security.

                    "Financial relief is not being given in a form of cash. The money will be disbursed in phases to stimulate steady spending on essential goods. We want to inject cash into small businesses like the co-payment scheme," he said.

                    Mr Supattanapong said recipients must meet the stated criteria of annual income and bank savings. Those with an annual income exceeding 300,000 baht and with savings of more than 500,000 baht as of Dec 31 last year will not qualify.

                    Others ineligible for financial aid are subscribers of the social security system, government officials and employees of state enterprises.

                    However, 13.1 million holders of state welfare cards will automatically receive help.

                    Mr Supattanapong said the Rao Chana scheme had no budget limit and people would be able to accumulate money as payments will be made over several weeks during February-March.

                    "The amount can be topped up each week if people don't use the money. And there is no requirement as to how much should be spent each day," he said.

                    He also allayed concerns that some low-income earners could not afford smartphones necessary to use the Pao Tang app, saying the government will see what it can do to help them buy cheap phones.

                    Mr Arkhom admitted during his Facebook Live session that the handouts would not compensate for the losses people have incurred during the outbreak but said they were designed to mitigate their hardship.

                    He said that the necessary funds would be drawn from the budget for coronavirus financial aid, which remains at 200 billion baht and that a further 10 billion baht would be transferred from the economic and social rehabilitation budget.

                    The finance minister pleaded for people's cooperation, saying it was vital in containing the outbreak and boosting consumption as the economy had not not been brought to a complete halt.

                    He said the cabinet had also approved another registration round for the second phase of the co-payment subsidy after 1.34 million claims were not exercised in round one.

                    The registration starts today and successful applicants will be able to start spending on Jan 25.

                    The two monthly payments of 3,500 baht are among a raft of measures designed to ease people's plight.

                    Electricity and household water bills will be cut in February and March.

                    Each household using up to 150 units of electricity a month will get the first 90 units for free and there will also be discounts for those using more than 150 units a month.

                    Water charges for households and small businesses will be cut by 10% for February and March.: https://www.bangkokpost.com/thailand...p-aid-gets-nod

                    Originally posted by Somchai Boonporn View Post
                    Perhaps a blessing in disguise for the Golden Land.

                    Keep your friends close and your enemies closer

                    Comment


                    • Thailand - Hundreds tested for Covid-19 in Nakhon Phanom

                      NAKHON PHANOM: Community testing for Covid-19 was continuing at locked down villages on Thursday after a local food vendor was found to have been infected by visitors from Bangkok over the New Year.

                      Disease control workers have taken samples for testing from more than 800 people in That Phanom district who had contact with the 51-year-old food vendor, who lives in Ban Nong Kud Khaen village in tambon Phra Klang Thung.

                      Taweesilp Visanuyothin, spokesman for the Centre for Covid-19 Situation Administration, said on Thursday that two men, aged 53 and 54, living in Nong Chok district of Bangkok paid a New Year visit to the vendor from Dec 28 to Jan 3. The three were friends.

                      The two men had caught Covid-19 from two women, aged 45 and 51, in Bangkok's Phra Khanong district. Those women had earlier been infected by people who had visited a gambling den in Rayong province, he said.

                      About 10 people in Nakhon Phanom had been at high risk of infection by the vendor, but they had still tested negative. The vendor had been in contact with many people before her infection was detected, so nearly 1,000 other people were at low risk, Dr Taweesilp said.

                      Hundreds of them had already tested negative. To date, the vendor was the only case in Nakhon Phanom, he said.

                      Nakhon Phanom governor Kraisorn Kongchalad earlier ordered Covid-19 tests on more than 800 people.

                      Five people in close contact with the vendor have already tested negative. The 829 other people were waiting for their test results, he said.

                      The village and its vicinity has been locked down and active case finding was continuing.

                      Places visited by infected people were being disinfected daily, including a wet market.

                      A branch of the Bank for Agriculture and Agricultural Cooperatives in That Phanom district and two local schools were also closed for disinfection, the governor said.: https://www.bangkokpost.com/thailand...-nakhon-phanom

                      Originally posted by Somchai Boonporn View Post
                      Perhaps a blessing in disguise for the Golden Land.

                      Keep your friends close and your enemies closer

                      Comment


                      • Coronavirus Cases: 95,781,527

                        Deaths: 2,044,397

                        Underreported US death count: 407,552

                        American Civil War Casualties (North and South) - 214,938

                        Originally posted by Boon Mee View Post
                        it's been blown way out of proportion.

                        Keep your friends close and your enemies closer

                        Comment


                        • Thailand - Miserable year for retailers

                          The Thai Retailers Association estimates the retail index in the first quarter of 2021 will contract by 7-8 per cent, while it could contract by 4-10 per cent or more for the whole year.

                          “The projected contraction could be worse if there are no factors that stimulate economic recovery later this year, such as the ready availability of a vaccine, the government’s tax-break measures and soft loans to SMEs,” association chairman Yol Phokasub warned. Earlier this week the association reported the 2020 retail index plunged from 2.8 per cent growth in 2019 to a deficit of 12 per cent – its first ever two-digit contraction. “The Covid-19 crisis has heavily affected the retail industry,” Yol pointed out. “It is estimated that the industry has lost around Bt500 billion of its total value of Bt4 trillion because of the pandemic,” he said. “The association has estimated that we have already passed the lowest point in the third quarter of last year, when the durable goods sector [electrical appliances, construction material, telecom products], recorded 15 per cent contraction due to lockdown measures at department stores, while semi-durable goods [clothes, leather products, cosmetics] suffered up to 40 per cent contraction,” Yol said.“In the fourth quarter, the situation started to improve following the government’s ‘Shop Dee Mee Kuen’ [Shop and Payback] scheme that has driven the growth of semi-durable goods to an 18 per cent contraction.”

                          Yol said that besides tax breaks and soft loans, the government needs to expand sales channels for modern trade retailers to improve the retail index.

                          “For example, modern trade retailers should be allowed to participate in the state welfare card scheme, which should also help distribute revenues to farmers, SMEs and local communities,” he added.: https://www.nationthailand.com/news/...ernal_referral

                          Originally posted by Somchai Boonporn View Post
                          Perhaps a blessing in disguise for the Golden Land.

                          Keep your friends close and your enemies closer

                          Comment


                          • Thailand - Miserable year for retailers

                            The Thai Retailers Association estimates the retail index in the first quarter of 2021 will contract by 7-8 per cent, while it could contract by 4-10 per cent or more for the whole year.

                            “The projected contraction could be worse if there are no factors that stimulate economic recovery later this year, such as the ready availability of a vaccine, the government’s tax-break measures and soft loans to SMEs,” association chairman Yol Phokasub warned.

                            Earlier this week the association reported the 2020 retail index plunged from 2.8 per cent growth in 2019 to a deficit of 12 per cent – its first ever two-digit contraction.

                            “The Covid-19 crisis has heavily affected the retail industry,” Yol pointed out. “It is estimated that the industry has lost around Bt500 billion of its total value of Bt4 trillion because of the pandemic,” he said.

                            “The association has estimated that we have already passed the lowest point in the third quarter of last year, when the durable goods sector [electrical appliances, construction material, telecom products], recorded 15 per cent contraction due to lockdown measures at department stores, while semi-durable goods [clothes, leather products, cosmetics] suffered up to 40 per cent contraction,” Yol said.

                            “In the fourth quarter, the situation started to improve following the government’s ‘Shop Dee Mee Kuen’ [Shop and Payback] scheme that has driven the growth of semi-durable goods to an 18 per cent contraction.”

                            Yol said that besides tax breaks and soft loans, the government needs to expand sales channels for modern trade retailers to improve the retail index.

                            “For example, modern trade retailers should be allowed to participate in the state welfare card scheme, which should also help distribute revenues to farmers, SMEs and local communities,” he added.: https://www.nationthailand.com/news/...ernal_referral

                            Originally posted by Somchai Boonporn View Post
                            Perhaps a blessing in disguise for the Golden Land.

                            Keep your friends close and your enemies closer

                            Comment


                            • Thailand - Almost 5m workers hit by delayed economic recovery after new Covid wave: BOT

                              The new wave of Covid-19 will delay Thailand’s economic recovery and affect 4.7 million workers, a senior official at the Bank of Thailand (BOT) has warned.

                              Chayawadee Chai-Anant, senior director in the BOT economic and policy department, said though the second wave of infections is not as severe as the first, it would still delay economic recovery to pre-crisis levels – possibly till late next year.

                              “The recovery will be a K-shaped, not V-shaped, but if government measures are effective, it will be close to a V-shape recovery,” she told a seminar hosted by the World Bank yesterday.

                              The government has limited lockdowns and restrictions to specific locations after the fresh outbreak in December, while also launching new aid measures that are smaller in scale than in the first virus wave early last year.

                              The Thai economy showed signs of recovery in the third quarter last year, but the second wave of infections has disrupted that trend.

                              “Thailand’s economy could return to pre-crisis level in mid-2022, or the recovery may be delayed to late of 2022,” said Chayawadee.

                              Tourism-related sectors such as restaurants, hotels and transport would feel the brunt of the new outbreak as they have yet to recover from the first wave, she added.

                              The second wave will hit 4.7 million workers hard, costing either their jobs or reducing their hours along with their income, according to an initial assessment by the central bank and business sectors.

                              Chayawadee said three key factors needed to be closely monitored.

                              The first factor is how long the pandemic will last. Second is the effectiveness of government aid measures, and third is how Thailand will open the country to foreign arrivals. Linked with the third factor is the scale of vaccination in the country.: https://www.nationthailand.com/busin...ernal_referral

                              Originally posted by Somchai Boonporn View Post
                              Perhaps a blessing in disguise for the Golden Land.

                              Keep your friends close and your enemies closer

                              Comment


                              • Thailand - Pandemic pushed 1.5 million Thais into poverty in 2020, World Bank says

                                An additional 1.5 million Thai citizens fell below the poverty line in 2020 as a result of the economic impact of the Covid-19 pandemic, according to World Bank estimates based on a threshold of USD 5.50 per day.

                                Declines in income have created economic hardship for many, though the government has made good progress in implementing aid measures for households and firms, the World Bank’s Thailand Economic Monitor said in a report launched on Wednesday.

                                Addressing the pandemic’s impact on Thailand’s labour market, the report said there was a particularly large increase in unemployment among young people, with falling working hours and monthly income.

                                “Hours worked have not fully recovered, and employment in several sectors including manufacturing remains smaller than a year ago. This means the labor market is in a vulnerable position to confront any future shocks including a resurgence of Covid-19,” the World Bank said in a press release online.

                                Figures from an earlier national survey indicate that the average number of hours worked per week fell from around 43 in the fourth quarter of 2019 to around 38 in the third quarter of 2020, with women losing more hours than men.

                                The World Bank report said the shift in income levels brought the total number in poverty to more than 5 million. The poverty rate was expected to increase from 6.2 percent in 2019 to 8.8 percent in 2020, before easing slightly to 8.4 percent in 202

                                The bank estimated Thailand’s economy to have shrunk by 6.5 per cent in 2020. Exports and private investment are estimated to have declined by 18.5 per cent and 4.4 per cent, respectively, while household consumption declined by 1.3 per cent.: https://www.thaienquirer.com/23202/p...rld-bank-says/

                                Originally posted by Somchai Boonporn View Post
                                Perhaps a blessing in disguise for the Golden Land.

                                Keep your friends close and your enemies closer

                                Comment

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