Economy could lose over B1.3tr if virus crisis goes beyond Q2
The Thai economy is expected to lose 1.3 trillion baht, almost all of it in the tourist sector, due to the initial impact of the coronavirus pandemic, a banking association said on Tuesday.
“But if the outbreak cannot be controlled within the current quarter, the impact will be bigger,” Predee Daochai, chairman of the Thai Bankers’ Association, said in a statement.
