BANGKOK, Aug 16 — Thailand downgraded its economic growth forecast for 2021 today as it battles its worst Covid-19 wave, which has brought record numbers of new infections and deaths. The kingdom last year suffered its worst full-year performance since the Asian financial crisis of 1997 with a...
BANGKOK, Aug 16 — Thailand downgraded its economic growth forecast for 2021 today as it battles its worst Covid-19 wave, which has brought record numbers of new infections and deaths.
But today, NESDC secretary general Danucha Pichayanan announced it had to revise that figure down to between 0.7 and 1.2 per cent. “But if the pandemic continues and relaxation cannot start in the fourth quarter... the growth could be lower than 0.7 per cent,” Danucha said. The kingdom has gradually re-opened borders to vaccinated travellers via a quarantine-free programme in ultra-popular beach island Phuket — drawing more than 34,700 tourists to its sun-soaked shores since the so-called “sandbox” launched on July 1.Restrictions were enacted last month on Phuket’s businesses — shuttering pubs, boxing studios and karaoke lounges — while domestic travellers have been barred from entering the island.
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