Thailand may lose 2 million jobs due to coronavirus: Planning agency

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BANGKOK (REUTERS) - Thailand may lose up to 2 million jobs this year, particularly in the tourist industry, as the novel coronavirus outbreak undermines economic activity, the state planning agency said on Thursday (May 28).. Read more at straitstimes.com.

BANGKOK - Thailand may lose up to 2 million jobs this year, particularly in the tourist industry, as the novel coronavirus outbreak undermines economic activity, the state planning agency said on Thursday .

"But government relief measures and ones to rebuild the economy as well as the reopening of businesses in May will help increase jobs," he said. "That is based on an assumption that the outbreak situation can be controlled from May, which will spur economic activity"he said. The agency predicts South-east Asia's second-largest economy will shrink 5 per cent-6 per cent this year, due to the outbreak, which has infected over 3,000 people in the country.

 

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