By Chartchai Parasuk

Bangkok Post-Mar 12

All economists, including myself, predict the spread of Covid-19 will put a big brake on economic growth through reductions in spending, particularly on travel. Assuming the virus outbreak lasts for about six months, the lower spending will likely last until the fourth quarter. Countries like Thailand, which depend heavily on foreign tourist revenue, will be hurt the most.

Read more at: https://www.bangkokpost.com/opinion/opinion/1876784/virus-plus-oil-crisis-spells-recession