What the new wave of Covid could mean

As we all know, the number of new Covid-19 cases in Thailand has skyrocketed after months of calm, breaking a single-day record last Saturday and causing authorities to issue urgent control measures, especially in Samut Sakhon.

As of yesterday, cases linked to the seafood market on Bangkok’s southwestern fringe had been reported in 31 provinces, with particularly close attention being paid to nearby provinces and parts of the capital. Provinces nationwide have been categorised into four colour-coded tiers, but so far a total lockdown is in effect only in the lone “red” zone of Samut Sakhon.

If the outbreak spreads further and authorities are forced to impose a strict lockdown similar to what we experienced in April, what are the implications for Thailand’s economy and investment?

SCBS has studied the experience of other countries…