The No Visitor Policy Weighs Heavily On Thailand

Marcus Wong, Emerging Market Macro Strategist, Bloomberg Editorial

13-Oct-20 07:37

The No Visitor Policy Weighs Heavily On Thailand

Pause
Embed

With an economy heavily dependent on tourism contributing as much as 15% to GDP, what are the implications to the economy when visitor arrivals are only estimated at 9 million compared to 40 million in 2019. Marcus Wong, Emerging Market Macro Strategist at Bloomberg Editorial tells us how negatively impacted the Thai economy will be but what fiscal and monetary measures the government can take to ease some of the economic scar tissue caused by the Covid 19 pandemic.

Produced by: Wong Shou Ning

Presented by: Wong Shou Ning, Lyn Mak

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: Politics, Law and Legal Matters, Business Analysis, Trends and Forecasts, Markets, Social Issues, Travel, Investments

Tags: Thailand, economy, Covid - 19, tourism, baht, bonds,

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) Alexandre Salesse, Partner at BCG, explains how the "Single Buyer" model and "Take or Pay" contracts have created a reliability gold standard at the cost of future flexibility.

12:00 PM

Just For Kicks

(REPEAT) The pundits look ahead to match week 27 of the EPL, featuring the big match between the wounded Arsenal against their neighbours in turmoil, Tottenham Hotspur.

1:00 PM

A Bit of Culture

(REPEAT) Does good always triumph over evil? Kam, Sheryll and Dhanya will unpack that, as well as talk about AI caricatures and whether it's cool to show off your partner on social media.

2:00 PM

Ringgit & Sense

(REPEAT) Dr. Mohaini Ahmad Basri, licensed financial planner with Wealth Vantage Advisory talks about EPF dividends, and who gets the most benefit from them.

2:30 PM

The Property Show

(REPEAT) Dr. YM Cheng, Founder and Principal Consultant of ChineseZodiacFengshui.com, discusses Fengshui outlook for Commercial and Residential properties for the upcoming Year of the Horse.

3:00 PM

Best of The Bigger Picture

(REPEAT) With TB cases on the rise and clusters reported across the country, we speak to a respiratory physician to break down what you need to know about the disease and precautions to take.

4:00 PM

Best of Evening Edition

(REPEAT) We speak to Balan, founder of a lion dance troupe and seasoned performer, about his journey to becoming part of this art form and what led to his passion for it.

5:00 PM

BBC World Service

This episode of The Life Scientific features Caroline Smith, Head of Collections and Principal Curator of Meteorites at the Natural History Museum, home to one of the finest meteorite collections in the world.

PROGRAMMES