Video PlayerClose
BANGKOK, Sept. 8 (Xinhua) — Thailand’s central bank said on Tuesday that in the face of the pandemic fallout, 85 percent of retail debtors are still struggling in a grim economy and have applied for the second-phase of debt relief.
“Many businesses in Thailand have been hit hard by the COVID-19 outbreak, especially tourism-related services such as hotels, airlines and car-rent companies, which are unlikely to rebuild any time soon,” said Ronadol Numnonda, deputy governor of the Bank of Thailand, adding that the arrival of 40 million tourists is a thing of the past.
“And now with the economic fallout, there is an oversupply of tourism-related industries,” said Ronadol. “Therefore the Thai government, including state…
Read the full article at: http://www.xinhuanet.com/english/2020-09/08/c_139353190.htm
