Thailand’s economic activity slowed in January due to a new coronavirus outbreak fuelled by the Omicron variant, cutting short a recovery in the final quarter of 2021, the Bank of Thailand (BoT) said on Monday.
The economy in the fourth quarter was helped by robust exports and an easing of Covid-19 curbs.
But the abrupt suspension of a quarantine waiver programme for international arrivals in December has impacted tourism, however. The waiver will resume on Tuesday.
“We started to see the spread of the Omicron late in December. That has somewhat slowed economic activity in January. But part of that is a seasonal adjustment,” Chayawadee…
