New outbreak to impact Thai trade and tourism revenue


The top three worst impacted provinces would be Bangkok, which would lose 81.42 billion baht, Chonburi (15.46 billion baht) and Phuket (2.79 billion baht). (Chineses tourists in Thailand last year)

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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