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Thai Cabinet extends state of emergency for Covid by another month

Thailand’s Cabinet has agreed to extend the state of emergency to curb the Covid-19 pandemic by another month from the end of October

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Thailand’s Prime Minister Prayut Chan-o-cha approved an extension of the state of emergency for another month. This is the eighth time that the state of emergency has been extended since the beginning of the coronavirus crisis in March.

The decree is deemed necessary by the government for the Centre for Covid-19 Situation Administration to function. The state of emergency is thus extended until the 30th of November.

It gives Prime Minister Prayut Chan-o-cha full authority to command the centre to combat the outbreak and allow compulsory quarantining of people arriving from abroad.

Thailand has only confirmed 3,759 coronavirus infections so far, with the most recent cases imported. There have been 59 deaths, one of the lowest casualties rate in the world.

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Thai baht becoming the region’s worst-hit currency in COVID pandemic

According to data from its tourism ministry as well as the World Bank, Thailand had only a little over 34,000 tourist arrivals as of May 2021, compared with over 39 million in 2019, before the pandemic. Fewer tourists also means lower demand for the Thai baht.

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The Thai baht has been hit by a sharp decline in tourism numbers due to the COVID pandemic, making the country’s currency the worst-hit in the region this year, according to Mizuho Bank.

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Economics

Asia’s slow rate of vaccination is a thorn in the region’s economic recovery

Southeast Asia has been hit badly. Daily infections for Indonesia, Thailand, Vietnam are at their worst, on a seven-day moving average. The Philippines and Malaysia are not far off their daily infection peaks reached in the second quarter of 2021.

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Last week was tough for the Asia-Pacific region. Many countries responded to stubbornly elevated daily infections by extending or tightening social distancing measures.

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