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Thailand: Confidence index plummets, jobs lost

The coronavirus outbreak continues to wreak havoc on Thai tourism, with a key gauge nearing rock bottom in the second quarter and 2.6 million workers in the industry at risk of unemployment. Chairat Trirattanajarasporn, president of the Tourism Council of Thailand (TCT), said the tourism confidence index polled 770 tourism-related operators during May 10-25 and […]

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Thailand: Crisis shutters 404 factories

Up to 16,680 factory workers lost their jobs in Thailand in the first six months of the year, with 404 factories closing down, as the pandemic continues to hamper the economy, according to the Department of Industrial Works (DIW). The country has lost an estimated 25.4 billion baht in investment value from the closures. Most […]

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