85 per cent of Thai retail debtors seek more debt relief


bank

BANGKOK (Xinhua): Thailand's central bank said on Tuesday (Sept 9) that in the face of the pandemic fallout, 85 per cent of retail debtors are still struggling in a grim economy and have applied for the second-phase of debt relief.

"Many businesses in Thailand have been hit hard by the Covid-19 outbreak, especially tourism-related services such as hotels, airlines and car-rent companies, which are unlikely to rebuild any time soon," said Ronadol Numnonda, deputy governor of the Bank of Thailand, adding that the arrival of 40 million tourists is a thing of the past.

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Thailand , debtors. debt relief , covid-19

   

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