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Thursday, May 9, 2024

Top banker warns slow vaccine rollout could ‘devastate’ manufacturing

Health officials in Wichien Buri district of Phetchabun carry out Covid-19 testing on Sunday on workers from the CP Foods factory in Kaeng Khoi district of Saraburi after the plant found hundreds of coronavirus infections. (Photo by Sunthorn Kongwarakom)

As a series of new Covid-19 clusters prompt factory shutdowns and losses to business and the economy, a top banker has warned the shambolic vaccine rollout could cripple Thailand’s manufacturing industry.

“We need quick vaccination before the coronavirus outbreak devastates our manufacturing sector,” said Payong Srivanich, chairman of the Thai Bankers’ Association. “Our economy can’t take another hit to the industrial sector, with exports being the only key growth driver now.” 

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