Ministry Mulls Additional Stimulus Measures to Ease COVID-19 Impacts
The Finance Ministry vows to use appropriate economic stimulus measures to reduce COVID-19 impact as it warns the economy will further contract in the second quarter.
The Finance Ministry vows to use appropriate economic stimulus measures to reduce COVID-19 impact as it warns the economy will further contract in the second quarter.
Tourism and Sports Minister Pipat Ratchkitprakan has met tourism business operators in Chiang Mai for talks on COVID-19 impacts, hinting at the possibility of reopening of the tourism activities next month.
The Thai government plans to seek around 200 billion baht in loan to address the Covid-19 impacts on the economy.
The Thai Ministry of Tourism and Sports plans to propose measures for mitigating the impacts of coronavirus outbreak on the tourism industry to the Cabinet for its approval on Tuesday.
Hit by the Covid-19 outbreak, Thailand’s tourism industry has seen a big drop of at least three million foreign tourists.
Thailand looks to find ways to ease the impacts of US-China trade war that could cost the country US$5.6-6.7 billion worth of exports, says a senior Commerce Ministry official.