Thailand’s economic conditions are expected to deteriorate further this year as the nation battles a resurgence in the coronavirus, according to a national survey.
About 52.2% of the respondents in the study undertaken by Bangkok-based National Institute of Development Administration predict the economy will be even worse in 2021 than it was last year, while 14.6% anticipate an improvement.
At the same time, the impact of Covid-19 may be even more deadly than in 2020, according to 48.1% of the respondents. Just 28.8% expect it to be less severe, the institute said in a statement released Sunday.
Thailand is set to impose a new set of restrictions on businesses and gatherings in 28 of its worst-affected provinces from Monday to stem the latest flareup in an outbreak that’s infected more than 3,000 people since the middle of December. Bangkok, a city of more than 10…
