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Chiang Mai’s economic losses to reach 100 billion baht due to Covid-19 pandemic

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Chiang Mai’s economic losses are estimated to reach 100 billion baht after Covid-19 ravaged the city’s tourism industry. The Bangkok Post reports that Varodom Pitakanonda, the president of The Chiang Mai Chamber of Commerce, says the city’s revenue from tourists “contracted severely this year due to the coronavirus”.

“Now, we are pinning our hopes on government stimulus packages to salvage the ailing economy. Spending dropped in all categories of products, especially in the service, commodities and automobiles sectors, with tourism being to slowest to begin to recover.”

The northern city’s tourism industry has been battered by border closures and travel bans. Once a favourite for Chinese travellers, the lack of tourists has heavily impacted all businesses downstream in the tourism industry.

Varodom says the One University, One Tambon project would help cut unemployment among workers and recent university graduates as well as several measures being implemented to help the economy from now until 2021. Such measures include attracting more domestic tourists to the area and neighbouring provinces as well as long-stay medical tourists to the city’s international-standard hospitals to develop Chiang Mai into a “medicopolis.” Another avenue that could bring in more revenue would see the city offering Alternative Local Quarantine (ALQ) facilities to welcome back foreign tourists with a Special Tourist Visa.

However, delays and first phase procedures could further hamper the already limited number of tourists entering under the special visa as current restrictions only allow 400 tourists per day. Further muddying the outlook is the debt-trodden airline industry which is seeing almost 5 million jobs threatened, according to the Air Transport Action Group.

SOURCE: Bangkok Post

 

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17 Comments

17 Comments

  1. Avatar

    patty

    Saturday, October 10, 2020 at 10:56 am

    The headline should read – Chiang Mai losses to reach 100 billion THB due to the stupid government

    • Avatar

      JJ

      Saturday, October 10, 2020 at 11:20 am

      No shit

  2. Avatar

    Toby Andrews

    Saturday, October 10, 2020 at 11:01 am

    Oops 100 billion baht lost.
    And Cond Nast declared Chang Mai the number two best small cities of the world.
    I cannot understand that. At certain times of the year it is dangerous to breath in Chang Mai.
    The smog is so bad.
    An expat and wife went up there for three months and then returned to Pattaya. Apparently it was cheaper but too boring.
    I have been there four times. I was not impressed. I would not go back.
    Anyone been there?

    • Avatar

      Don R

      Saturday, October 10, 2020 at 1:39 pm

      Yes, I lived there for a year in 2010. I didn’t really care for it. As I recall the air quality is the worst in the world in March/April, around the time they start burning fields in Myanmar.

      I’d recommend Krabi. Air quality there is quite good. Had one of the best times of my life there, and I don’t mean to say I went out partying every night. I mostly just laid back and relaxed, enjoyed the scenery.

    • Avatar

      Issan John

      Saturday, October 10, 2020 at 2:46 pm

      For once, I have to agree with you. It’s good as somewhere to go FROM, to Chiang Rai or trekking, but to go TO or live in …

      … not really a great tourist destination in itself, but I’d be happy to live there apart from the air quality which makes it a non-starter.

      • Avatar

        Toby Andrews

        Sunday, October 11, 2020 at 11:10 pm

        Don’t bother commenting on my posts.
        What you think and what you write is of no interest to me.

  3. Avatar

    Peter

    Saturday, October 10, 2020 at 2:01 pm

    The loses are entirely due to the shutdown and extreme over reaction to a “virus” that doesn’t even exist. The US CDC has even admitted that they have no proof of a “Covid-19” virus and even if there was a virus more people are dying and will die due to the shutdowns. Nice going.

    • Avatar

      Issan John

      Saturday, October 10, 2020 at 2:48 pm

      “The US CDC has even admitted that they have no proof of a “Covid-19” virus”

      Really?

      Do you have anything to support that?

  4. Avatar

    Thomas

    Saturday, October 10, 2020 at 3:46 pm

    A few months ago I would have felt sorry, but now – absolutely not. They just receive what they asked for. And after the total chaos with the new long stay visa they alienated the few people who would still come to Thailand, regardless of requirements. Next attempt high season 2021/22. Good luck in the meantime. I never thought I see the day that Thais refuse to take farang money.

    • Avatar

      Noneya Bidnizz

      Tuesday, October 13, 2020 at 2:53 am

      OH !
      But They ARE still quite willing to take Farang Money — As Long as you have LOTS AND LOTS Of It !!!

      Or , Maybe the next scheme will be for you to just send your cash and STAY HOME .

      For more info , Send a LARGE Brown envelope ( not necessarily CORRECT info ) To :

      The ( Not So ) Honorable Thai P.M , Prayut Chan O Cha

      555 Soi Pinocchio ,

      bentcock Thailand

      0U812

  5. Avatar

    roby

    Sunday, October 11, 2020 at 12:05 am

    Tough Luck! The ancient temple at Doi Suthep as shown in the photo should not be exploited for profit and the Atm’s should be removed. Its a national testament to Thai greed and an embarrassment!

  6. Avatar

    ron

    Sunday, October 11, 2020 at 12:08 am

    If you love waterfalls hiking, and trekking then go to Chiang Mai.

  7. Avatar

    west tiger

    Sunday, October 11, 2020 at 2:03 am

    The longer Thailand leaves it to open up up to tourists they worse the country will become

  8. Avatar

    Mike Frenchie

    Sunday, October 11, 2020 at 3:07 am

    Who is going to chip the missing 100 billion THB… the banks unable to recover their loans?

  9. Avatar

    Maag

    Sunday, October 11, 2020 at 11:26 am

    100 billion losses , but covid free ….
    Pathetic !

  10. Avatar

    Luke

    Monday, October 12, 2020 at 10:55 am

    Chiang Mai is a totally beautiful gem of a city, nestling in the cool mountains of the North.
    We Thai people do not welcome any foreigners. We cannot see the interest. We prefer to live among our own.
    It’s true our leadership can pump out and we have no international protection or support. But it’s better that way. Who wants dirty foreigners interfering with their strange ideas and their corrupt money.

    • Avatar

      Noneya Bidnizz

      Tuesday, October 13, 2020 at 3:18 am

      Enjoy The LIES you and other FOOLS believe

      Prayut will laugh as Thailand and It`s Wonderful People Die as he and his chinese owners buy up everything they can at a VERY Low price as people are forced to sell before they starve to DEATH in the THOUSANDS

      But at least HIS Money isnt corrupt !!!!

      Enjoy The Chinese Rule Coming SOON To The Peoples Republic of Thailand .

      Som Nam Naa , Khun Kwaii Daak

      Hug Pinocchio for Us , You zenophobic / racist IDIOT !

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