SET-listed event and marketing services firm Index Creative Village Plc expects as many as 100,000 employees in the sector to lose their jobs because of the pandemic and ongoing anti-government demonstrations.
Kreingkrai Kanjanapokin, the company’s founder and chief executive, said the event business has been battered by the pandemic since the government’s lockdown measures on March 22.
“We earlier projected the event sector’s revenues would fall by 60-70% this year because most companies cancelled their events, in line with social distancing measures and concerns over a possible second wave,” he said.
“But with escalating protests,…
