A child sits at a table in front of closed shops at Pratunam market in Bangkok on April 16, 2021, as Thailand imposes further restrictions to deal with a spike in the number of Covid-19 coronavirus cases. (Photo by Mladen ANTONOV / AFP)

Vaccination delay threatens another downward spiral for Thai economy

The combination of a new wave of COVID-19 and delayed vaccination is set to wreak more damage on Thailand’s economy, with people’s incomes falling further and business risks rising. Slow…

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New COVID-19 outbreak to cost ฿45-60bn in economic damage if not contained in a month

It has been estimated that the current COVID-19 outbreak will cost the Thai economy about two billion baht a day, or as much as 60 billion baht a month, if…

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Research shows 86% of parents worried about their kids returning to school

About 86% of parents are concerned about their children going back to school during the COVID-19 pandemic, and they want assurances that the schools will have taken steps to prevent…

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Passengers attempt to observe social distancing as a preventive measure against the spread of the COVID-19 novel coronavirus as they ride in a BTS commuter train during rush hour in Bangkok (Photo by Mladen ANTONOV / AFP)

Thailand tourism to contract by 1.69 trillion baht this year – Kasikorn Research

The Thai tourism sector is forecast to suffer a revenue reduction, estimated at 1.69 trillion baht this year, due to the COVID-10 pandemic and the weak purchasing power of tourists,…

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Virus concerns will cut restaurant revenues by about 8% this year – Kasikorn Research Centre

Public concern over COVID-19 is expected to slash the revenues of the restaurant sector this year by 25.6-36.5 billion baht to between 402 and 412 billion baht, according to Kasikorn…

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Study predicts up to B800m health related opportunity cost if haze lasts 2 weeks

The return of haze to Bangkok and its peripherals will incur a health derived opportunity cost to the economy, estimated at 700-800 million baht, if the poor air quality lasts…

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Bank report says 2.6 billion baht financial loss so far from smog in and around Bangkok

The ongoing smog problem in and around Bangkok has caused financial loss estimated at 2,600 million baht since late last month in term of lost opportunities in health and tourism…

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Prolonged air pollution can cause economic loss up to 6 billion baht 

The ongoing air pollution problem caused mainly by excessive amount of PM2.5 dust particles in and around Bangkok can cause economic damage estimated up to 6.6 billion baht if it…

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