Latest lockdown a huge blow to Thailand’s economic recovery


Light traffic: Sparse movement of vehicles at the Ratchaprasong intersection in Bangkok yesterday on the first day of stricter lockdown restrictions to try to contain the spread of Covid-19. — AFP

BANGKOK: Thailand risks fuelling its decade-high unemployment rate and household debt with the imposition of lockdown-like measures to contain the deadliest Covid outbreak to hit the nation.

The greater Bangkok area, accounting for about 50% of Thailand’s gross domestic product, will shutter shopping malls, spas, massage and beauty clinics for at least two weeks starting yesterday.

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Lockdown , Thailand , economy , recovery ,

   

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