Thailand was already affected by an economical crisis starting from 2019.
The COVID restrictions have severely further damaged the economy of Thailand, Laos and Myanmar. Right now, the airports in Thailand are still closed for international transportation and thus the tourism industry has been severely affected (which was estimated to 21% of the all country’s income). Many businesses have closed. Furthermore, the politic has been fragile as more and more people are demonstrating against the current government. We expect that, when borders and airports will be fully re-activated, a massive migration of foreigners (Lao, Burmese, Cambodian) will come to Thailand or go to China as a massive migration of Thai women will go overseas, which will conduct to a alarming situation of exploitation. ” Read More