BANGKOK: The new Covid-19 outbreak will wipe 140 billion baht off Thailand’s trade and tourism revenue, TMB Analytics forecast. Trade and tourism account for 22% of Thai gross domestic product (GDP) and 6.9 million jobs.
TMB Analytics said the biggest economic fallout would be felt by the central and eastern red-zone provinces, where trade and tourism accounts for 23% of GDP. It forecast the fresh outbreak, which began in mid-December, would cost these provinces 128 billion baht.
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