Too-tight virus policy is strangling economy, experts warn

[anchadian]

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https://www.nationthailand.com/business/30391449?utm_source=homepage&utm_medium=internal_referral
 

Thailand should overcome concern of a second wave of Covid-19 and instead relax restrictions on foreign investors and tourists in order to shore up its falling economy, say a prominent investor and leading economist.

 

“We should not worry too much about the threat of a second wave of infections, since the first wave of Covid-19 is generating far fewer cases compared with other countries,” prominent local investor Niwes Hemvachiravarakorn said on Thursday.

 

Thailand has implemented tight safety measures to combat the virus, but the Covid-19 issue has two dimensions – disease control and economic activities, he said.

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Jonathan Head

 

@pakhead

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Hearing more voices like these in Thailand. It is extraordinary that there’s so little public discussion about the costs of keeping Covid numbers at zero. Some forecasts have one quarter of the workforce unemployed by year-end. That’s devastating.

 

 

 

[metisdead]

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