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New COVID-19 outbreak to cost ฿45-60bn in economic damage if not contained in a month

New COVID-19 outbreak to cost ฿45-60bn in economic damage if not contained in a month

23 Sept 06:36 Key points summarised by AI
  • A new COVID-19 outbreak threatens Thailand with ฿45-60 billion in economic losses if not contained within a month.
  • The University of Thai Chamber of Commerce (UTCC) estimates daily economic damage at ฿2 billion, with Samut Sakhon, the outbreak's epicenter, facing ฿10 billion monthly losses, largely from its seafood industry.
  • Kasikorn Research Centre projects a ฿45 billion impact, itemizing losses from the seafood sector (฿13bn), cancelled New Year festivities (฿15bn), and reduced travel (฿17bn).
  • Experts express cautious optimism for rapid containment, anticipating control within 14 days if infections outside Samut Sakhon remain low and noting the current absence of widespread cluster infections.
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