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Thai industry leaders warn economy on brink of collapse



Thai industry leaders are warning that if tourists don’t return soon, the economy will soon collapse with daunting consequences. And, as the Covid-19 vaccination programme is slow to take off, the window is closing for this year to make any kind of substantial recovery through reopening the country.

Just this week, an opposition MP drew the government’s attention to the loss of 250 billion baht a month to the country’s economy caused primarily by the stall in tourism. Even PM Prayut has stated that this year’s economic challenge is immense.

Foreign tourism accounts for 20% of Thailand’s GDP but also dumps money into the hands of Thais who fall into the low socioeconomic category. Government subsidies and new industries have proven that they cannot replace in providing what the tourism sector has done for the economy.

But the Thai government has insisted on placing the health of its people over the economy as it joins other nations in the experimental game of balancing new virus variants with vaccine expectations.  The lack of data on the newly rolled out vaccination campaigns has placed governments worldwide in a conundrum as they attempt to deal with the pandemic while financially bleeding out.

The President of the Thai Hotels Association, Marisa Sukosol Nunbhakdi, is sounding the alarm by pointing to the country’s 60 year old tourism industry infrastructure as on the brink of death.

Marisa estimates that, already, 50% of the hotels in Thailand are closed indefinitely while the rest are going to extreme lengths to minimise losses. Those hotels who are left, have been placing employees on minimum wages, required time off and allowing them to live inside their places of work.

She warned that this year’s situation is even graver than last year’s as businesses have already used up financial reserves with no firm end in sight for when money will start to trickle in again.

‘When we seek loans, banks always request our business plan or the period we can earn a profit, but under these circumstances, hotels don’t really have a clue when the business will get back to normal. ‘We need support from the government, or else we could see the whole tourism industry collapse before things get back to a better shape.’

The Bank of Thailand still maintains that the country will see over 5 million tourists this year, but The National Economic and Social Development Council is suggesting a much lower number of only 3.2 million visitors.

The Kasikorn Research Centre is warning that tourism may not return to Thailand this year, making the economy continue to rely on government supports.

SOURCE: Thai Examiner


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  1. L.F.

    Friday, February 19, 2021 at 6:24 pm

    Somber days are coming, inflation, followed by raising warriors! Yes. Just wait for the next imminent “natural catastrophe” which, on top of Covid, will add another big stress…..
    Cheers, it won’t happen this year.

    • Ynwaps

      Saturday, February 20, 2021 at 12:29 pm

      I’ve already started painting blood on my doorstep

  2. Glenn

    Friday, February 19, 2021 at 6:30 pm

    “Even PM Prayut has stated that this year’s economic challenge is immense.”

    And yet the majority still obediently wear their face diapers in fear of catching a deadly virus that has killed statistically zero (0.00012%).

    The govt is certainly aware of the stats but how can they now say ‘oops we goofed’?

    As long as the masks stay on, a symbol of obedience, the economy will remain an immense challenge and remain on the brink of collapse. And it could very well go boom too.

    Nobody to blame but the Thai people themselves, Thai businesses themselves, and then the govt obviously. Continue your obedience and submission to (insanely stupid) authority and suffer the consequences of a your surrender.

    Nuff said.

    • Issan John

      Friday, February 19, 2021 at 6:48 pm

      “Nuff said”.

      Well, you got one thing right.

      • Toby Andrews

        Friday, February 19, 2021 at 11:24 pm

        Who thinks you are a judge?
        Yourself and few else.

    • Eddie Murphy

      Friday, February 19, 2021 at 6:50 pm


    • Mark

      Friday, February 19, 2021 at 8:44 pm

      What a ?end

    • James R

      Saturday, February 20, 2021 at 12:15 am


      The reason the numbers are low is because everyone is wearing a mask and doing what they should to beat the virus, I bet if it was the other way around and there were many deaths due to people not wearing masks then you would be the first to complain.

      • steve

        Saturday, February 20, 2021 at 12:27 am

        do you understand just how small a virus is?
        and just how porous that paper filter is
        which 1 year ago was only rated for dust

        • Ian

          Saturday, February 20, 2021 at 11:03 am

          Steve do you know what a viral load is?

        • James R

          Sunday, February 21, 2021 at 2:47 am


          Yet more misinformation.

          The mask is there to stop you spreading the virus which is contained as an aerosol in your breath, not for stoping a virus from getting through.

          It is very effective at doing that as the aerosol can carry the virus a meters or so but the mask stops the aerosol spreading , doctors have been wearing them for decades while doing operation etc.

          Hence we keep two meters apart, with a mask this together helps to stop the spread drastically.

      • James E.

        Saturday, February 20, 2021 at 1:00 am

        There is still zero scientific information that proves a mask protects you from anything.

        In an experiment IN A LAB, Japanese scientists said a mask ‘might’ give you up to 40% protection. It did not say wearing a mask on the street, taking it on and off, getting it wet and dirty and heaving with bacteria would prevent anything from being breathed in, let alone a virus.

        Masks are supposed to be sterile, they are never supposed to get wet and they should be changed every 30-45 minutes as soon as they get damp.

        The way most of the world is wearing them is doing nothing but damaging people’s respiratory systems and increasing their risk of catching not only Covid but a whole host of other bacteria and viruses.

        The WHO has said this over and over again. Nobody is listening, as they are so panicked about a virus that predominantly kills the extremely elderly with pre-existing conditions.

        The collapsing world economy, however, will kill hundreds of millions of people. Far more than the just over 2 million Covid has supposedly killed.

        Panic and stupidity and fools mandating and wearing masks has now doomed countries like Thailand to economic devastation. An economic devastation none of you will want to live under when it comes, and its coming soon. Not with its high crime rates, collapsing public services and mass homelessness and starvation.

        Meanwhile, countries like Sweden refuse to make masks mandatory, refuse to demand lockdowns and other ridiculous restrictions. Consequently, their economy is one of the few that is either stable or growing.

        By the time we’ve finished with all this stupidity, Sweden will have the world’s best economy and the rest of us, and especially countries like Thailand without any kind of social services net, will be living in total economic collapse.

        I have said this from March last year and nobody believes me. Now we are seeing I, and others who have said the same thing, were right.

        But hey, keep wearing your useless masks and feeling ‘safe’ while Thailand’s economy collapses around your ears.

        • Ted

          Saturday, February 20, 2021 at 9:07 am

          Totally agree! ‘I have said this from March last year’ so has I, and that there will be more deaths due to the ‘lockdowns’ [the after effect from those]

        • Ynwaps

          Saturday, February 20, 2021 at 12:31 pm

          It’s to protect other people from your spit you fucking idiot

          • Patrick

            Wednesday, February 24, 2021 at 3:57 am

            Agree, basic factor.. True that if someone got virus end sending you his droplets that most masks are not 100% efficient, but somewhat protecting you. Better than nothing

        • Jamie

          Saturday, February 20, 2021 at 1:19 pm

          Bet your a vaccine denier too. Really- not studies show the effectiveness of wearing masks. Ever heard of google you moron

        • John James

          Monday, February 22, 2021 at 2:41 am

          Brilliant post…well said.

      • Peter Nielsen

        Saturday, February 20, 2021 at 1:13 am

        There exists no evidence that those masks reduce spread of the virus. If you claim such evidence exists, please leave me a link to it. It doesn’t exist. Such virus particle has an average length of 1/10000 of a millimeter. It goes through these masks as easy as nothing. As Glenn said, then it is only a sign of obedience.

        • Diego

          Saturday, February 20, 2021 at 1:35 am

          It’s true the virus is about 10nm. But the virus “particles” aren’t floating around in the air by themselves. They are in drops, so the mask should somewhat help.

        • London Al

          Saturday, February 20, 2021 at 1:39 am

          There is actually plenty of evidence which suggests a mask works but common sense should be enough, why are we told from a very young age to cover our mouths when we sneeze or cough, why do you think every single doctor and nurse in a hospital wears a mask, why have the mask wearing countries had so fewer Covid cases and deaths, use your loaves for once.

        • Manu

          Saturday, February 20, 2021 at 9:34 am

          James E. & Peter Nielsen – I agree with you on the mask. However no need to be a scientist to use common sense. Firstly, has anyone looked at the warnings on a box of masks, the ones used in hospitals? There is a bold sentence printed on all of them: “masks do not protect against infectious diseases”. But common sense will tell you that it might anyhow offer some kind of protection, just not 100%, hence medical staff are using them in hospitals: it reduces the risks but not protecting you 100%. So wearing a mask, let’s say in an overcrowded underground of a big city, why not since it reduces the risks (but if you keep touching your face without cleaning your hands, there is no point)…?? But in the streets? In the Park? On the beach? Etc… Imposing the mask outdoor (with huge fines if you are caught by the police not wearing it in many countries around the world) is NOT a scientific decision, it is a political one… to keep people in fear. I am not even mentioning the criminal compulsory mask wearing for little kids in school with the huge impacts on health and the psychological damages… In Italy, a court’s decision has made it illegal…

          As for the economy, since the vaccines given currently worldwide do not stop people to catch the virus sars-cov-2 and infect others (they apparently protect only for getting badly sick from covid 19 but obviously not 100%…as for the masks, it is never 100%), since Thailand has opted for the 0 infection strategy, why would they re-open although everyone is vaccinated (when this has happened so not quite for a while) since it will for sure bring the virus in the country so what then? What was the point of all this then? Do not get me wrong, I am advocating to re-open the world as soon as possible, I am trying to see what is going to happen knowing what has been happening the past year and why. But this is the irony here… Either we learn to live with the virus or we die for sure eventually anyway multiples ways, no alternative. But as the Kasikorn Research Centre says it in the article, it will not happen this year with the dramatic consequences to come in Thailand that were obvious to anyone with a little common sense.

          And when we talk about economy, which one are we talking about? Cause in 2019, the 1% wealthier worldwide (and Thailand is one of the countries with the most billionnaires) have seen their wealth increased by 39% (1.2 TRILLIONS!!!!!!!!). And pratically all western countries, that were already in huge debts, have now abyssal debts… who is going to pay for this? When? And the impact is very simple: the banks will have more power (I mean even more than now) over the governements, leading to politics that will arrange even more their needs and the big corporations needs. And what happens to the 100’s of millions of the poorest around the world?? I guess I do not need to add anything there, we all know now what is going to happen.

          Isn’t it a great “new normal” world we have now??

        • Wayno

          Saturday, February 20, 2021 at 5:35 pm

          A very foolish and a uneducated comment.
          Get someone to sneeze/cough in your face when they are wearing a mask, then get someone to sneeze/cough in your face without wearing a mask. Which sneeze would you rather be in front of ?
          No one has said wearing a mask protects the wearer, it reduces the amount of aerosols/spit being sprayed around by infected people

          • Manu

            Sunday, February 21, 2021 at 12:23 am

            When in your all life have you had anyone sneezing in your face? Never heard anything like that before

          • James R

            Sunday, February 21, 2021 at 2:52 am


            Yes that is a very good practical example regarding the use of a mask.

          • James R

            Sunday, February 21, 2021 at 2:54 am


            In a car, a bus a subway, aeroplane etc, the sneezed aerosol can not escapee though the closed windows and ends up on your face.

          • Manu

            Sunday, February 21, 2021 at 7:16 pm

            James r, apart from me giving an example of an enclosed situation when somehow the mask can be useful, I was on about when it is pointless… so I said the underground , you add the bus, the plane etc… not sure why… same same…

    • John_2

      Saturday, February 20, 2021 at 10:11 am

      The people who developed this virus didn’t wear masks while doing it – they would have been in a BSL4 level lab in a positive pressure suite with full decontamination in a air lock before de-suiting.

      That’s the only thing that’s guaranteed to keep someone safe.
      Everything else is wish full thinking.

      Masks are only effective in that they stop someone from sneezing out and spreading the virus into an area.

    • Jamie

      Saturday, February 20, 2021 at 1:17 pm

      Love to know where you get your made up statistics from..

      • Ray W.

        Sunday, February 21, 2021 at 11:41 am

        Draconian lock downs were to buy time for a logistics shift to support an outbreak, that was completed and they should have ended in June2020… we have sacrificed our future for a small piece of debatable security. Our fear has already destroyed more lives then the virus ever would have. Standing on top a pile of ashes of the current generation, but covid free.

    • Alan

      Saturday, February 20, 2021 at 2:31 pm

      Then you take your mask off, idiot

    • Andras Kanos

      Saturday, February 20, 2021 at 5:28 pm

      Im stunned. The powers that be have realized that there are no tourists? That maybe its got sth to do with the 16-day quarantine at $2500 apiece?? ( 16. Not 14!!). They also noticed that the vaccination plan in Thiland is SLOW?? Really??? I cannot write what I really think for fear of being charged with god-knows-what.But its a joke. Only the poor jobless Thais are not laughing.

      • Andre

        Sunday, February 21, 2021 at 6:09 pm

        2500$ dollar is not much money these days. It’s very easy – pay or stay home 🙂

      • Rob

        Sunday, February 21, 2021 at 8:01 pm

        Vaccinations are slow in countries that are not the US, Canada, Europe, Australia, etc because those countries have bought up and control almost all the available vaccines outside of China and Russia…

    • Rob

      Sunday, February 21, 2021 at 6:02 pm

      Curious…. What is your ‘Pandemic Alternative’ advice?
      And.., What do you base it on?… Science?… Logic..? Whistles in the wind..? Church Talk..? Wishful thinking..?
      Not sure where/how you come up with ‘…a deadly virus that has killed statistically zero’…??

  3. Rahul

    Friday, February 19, 2021 at 6:43 pm

    Forget about Tourist , Thailand closed its door for medical treatment for Non Thai people .
    Even after telling we did not travelling to any country for last 1 year.

    Particular in my case my wife’s had some issue with Bleeding gums, they said we are not looking into foreign people DUE TO COVID.
    But same time looked into Thai people.


    • Issan John

      Friday, February 19, 2021 at 6:50 pm

      WTF are you talking about?

      • Toby Andrews

        Friday, February 19, 2021 at 11:28 pm

        Rahul is talking about rotten corrupt racist Thais that do not have any regard for any but themselves.
        The scum of the far east!

        • John Smith

          Saturday, February 20, 2021 at 9:58 pm

          Toby Andrews, You sound like a vile idiot…a genuine mental midget without a doubt! If you are living in Thailand, why don’t you get your sorry ass the hell out of here you pathetic pos!

    • Mister Stretch

      Friday, February 19, 2021 at 9:04 pm


      Are you talking about Medical Tourism?

      None of my foreign acquaintances are having a problem getting medical treatment in Thailand.

      I went to the hospital twice this past week, with a strained deltoid…granted I was the only foreigner there, but I had no problems getting treated.

      • Toby Andrews

        Saturday, February 20, 2021 at 10:40 am

        Was the deltoid stretched?

  4. Mr cynic

    Friday, February 19, 2021 at 7:14 pm

    Perhaps some posters here will finally accept that tourism is a vitally important industry to the entire Thai economy now and does not operate in a 20 percent isolated vacuum to the rest of the economy leaving the other 80 percent just fine and dandy without it.
    Then again while sat drinking Lao lao in their isolated hovels in nakon nowhere they might just well know better than members of the countries government or anybody else who happen to live in the real world and not lah lah land.

    • Issan John

      Friday, February 19, 2021 at 11:17 pm

      It doesn’t really matter if it’s 6%, 16%, 26% or 96% unless there’s a solution.

    • Ted

      Saturday, February 20, 2021 at 9:25 am

      This week had an interesting macro data [from Thailand] about New Care Sales come in, that, for me tells the truth of how healthy the real economy [and its people] is.

      New Car Sales YoY
      — 2019 +11.3%
      — Expected +8.5%
      — Actual -21.3%

      Read this numbers and then ask yourself if its a good idea to [blindly] listan to the s.c. professionals really, as the really expected an increase of New Car sales, in 2020!! Mind-boggling how detached from real life they often are!!

  5. Jim kelly

    Friday, February 19, 2021 at 7:20 pm

    DON’T WEAR A MASK, YOU DON’T NEED HAND GEL AND STOP ALL THIS MELLOW DRAMA!! YEAH, Thailand’s economy will fall apart within this year as will that of many other countries because the human race was stupid enough to put lives before livlihoods!
    IF (???) you lose your home, car and other shyte that’s on the ‘strap’tough titty… You only have yourselves to blame for believing all this nonsense!!

  6. Issan John

    Friday, February 19, 2021 at 7:39 pm

    Compared to USA and Europe, the Thai economy is in excellent condition.
    Gen Prayut Chan Ocha did a fantastic job.

    • James E.

      Saturday, February 20, 2021 at 1:01 am

      Are you on drugs? Seriously, are you on drugs? Because nobody with more than 2 brain cells who isn’t high from inhaling something thinks the Thai economy is in excellent condition.

    • Peter Nielsen

      Saturday, February 20, 2021 at 1:16 am

      Excellent condition? What do you mean? You cant be serious!!

    • David Mann

      Saturday, February 20, 2021 at 3:48 am

      ????. Don’t be ridiculous. It’s not about the current numbers and the percentage fall in GDP. The U.S and countries like the U.k can always raise capital and survive. Thailand is a Minow in comparison to those massive economies. Thailand has done a great job at handling half the issues of the pandemic (saving lives), but they have totally got the balance wrong in that they are failing to save livelihoods. When will you understand this most basic of issues IJ?

    • Grumpy John

      Saturday, February 20, 2021 at 6:08 am

      Ha Ha Ha! Other people have called you a dickhead and I am starting to think their right!

    • Nipral

      Saturday, February 20, 2021 at 7:16 am

      Moron in Chief we knew. Now we can add boot licker in chief ! Congrats ! Big celebration ahead in Issan.

    • Ted

      Saturday, February 20, 2021 at 9:49 am

      Dear King Isaan, as you love Thailand [rulers] so much and you have sooo much informatino the rest of us don’t have, please show us real numbers that proves your point.
      Again, Real Numbers, not ‘make-believe’ numbers Thailand likes to come with, and amend each month or so. Please keep away from numbers like, how many tourists Thailand is looking forward welcoming in 2021; first 10 million, turning to 8 million turning to ….. and I am really doubtful that NCSDCs numbers of 3.2 million will come any close to being true –if this [or any other] country believes quarantine 1-xx days will work!

    • Issan John

      Saturday, February 20, 2021 at 10:29 am

      Again, not this Issan John.

      • Issan John

        Saturday, February 20, 2021 at 11:08 am

        In case that isn’t clear, I didn’t make that comment, nor do I agree in any way with any part of it (and if I had i would at least have spelt the PM’s name correctly).

        Unfortunately it’s clearly possible for anyone to make a “comment” here using anyone else’s name, regardless of whether you use the same e-mail address or not.

        Whether that system continues or not is clearly up ton the Thaiger.

        • Ynwaps

          Saturday, February 20, 2021 at 12:35 pm

          Hope it doesn’t

        • Toby Andrews

          Saturday, February 20, 2021 at 1:48 pm

          You spelt to as ton, are you the real Isaan John, world expert on everything, or the other honest Isaan John.

        • James R (The real one)

          Sunday, February 21, 2021 at 3:00 am

          Issan John

          Yes it has happened to me a couple of times.

          Anyone can use anybodies else’s name as there are no checks.

    • Stardust

      Saturday, February 20, 2021 at 12:47 pm

      @Issan Adolf like always you are spreading fake news and propaganda. How disgusting you are to support a failure of government who bring a nation into poverty, inequality and abusing human rights. The people in your home are happy to get rid of disgusting low level people like you.

    • Dreamon

      Saturday, February 20, 2021 at 4:08 pm

      Scumbag, go back to your Nazi cave

    • Andre

      Sunday, February 21, 2021 at 6:07 pm

      USA is in deep trouble. The intelligent people left in the country will move back to Europe and Asia while the hillbillies will remain.

  7. EdwardV

    Friday, February 19, 2021 at 8:05 pm

    “ Foreign tourism accounts for 20% of Thailand’s GDP ” – that can’t be, I was told it’s only 6-7%. This year is critical as the article points out the industry has run out of savings and credit. I’m sure the same applies to Thais who worked in tourism too. And yet it’s highly unlikely the industry will be able to open in a meaningful way by years end. A few small groups here or there are nothing but a drop in the bucket. While Thailand has masterfully handled the outbreak portion of the crisis, it seems to me they have fully botched the vaccine portion. When we finally are able to return without a quarantine at the very end of this year or early next, there will be little to return too. We can only hope and pray the Thai people themselves end up doing better than the tourism industry.

    • bill

      Friday, February 19, 2021 at 9:48 pm

      just ask poverty john

    • Issan John

      Friday, February 19, 2021 at 11:20 pm

      6-7% or 97%, what difference does it make until the vaccination’s rolled out?

      It’s like arguing about how many pieces the Titanic broke into.

      • Bill

        Saturday, February 20, 2021 at 12:22 am


      • EdwardV

        Saturday, February 20, 2021 at 12:27 am

        It’s called sarcasm John, wasn’t really arguing the percentage.

        • Stardust

          Saturday, February 20, 2021 at 1:41 pm

          @Edward Issan John has a ugly disgusting personality thats he is the number one Troll here. No others would support Dictators who do crimes against their own people. In his country everybody would be disgousted about his ugly personality so he is terrorizing the Thaipeople. He must really hate the Thaipeople to support that they live in poverty and equality. He is just a hater

    • Leo Z

      Saturday, February 20, 2021 at 1:30 am

      Actually it may even be higher than 20% when the indirect effects on GDP are counted. For example, the lost income of hotels, restaurants, airlines and tourist agencies is direct. The investment they would have made with some of that money (which would have supported extra employment and consumption) is indirect. The lost income to the employees of above-mentioned sectors is direct. The consumption/investment effect they would have made to other businesses (primarily small businesses) is indirect. Basically someone’s forgone investment/consumption is someone else’s forgone savings/income, which are all part of GDP.

    • funny coz its true

      Sunday, February 21, 2021 at 8:17 am

      prostitution is 5%of GDP, tourism is much more than 20%, don’t forget that most people don’t put most cash money through their books.

  8. Ben

    Friday, February 19, 2021 at 8:15 pm

    Good thing the vaccines are here to save the day….

    The government isn’t going to come this far and blow their own legs off by listening to these comments. Only a small percentage of tourists would travel to Thailand if they opened up. Most people just aren’t going to travel during a pandemic to a country with a lot of virus which would be Thailand if they loosened up their policy. Those that would, like Glenn, would spread it all over the place and the rest of the Thai economy would collapse.

    Mel thinks the USA and UK is open for business. Places like Florida and California are back to normal?? Pools are open?? What planet is he on? I live in California and anything fun or entertainment related is closed. Difficult to go out to eat, can’t go to a movie or theme park, etc. Because Biden is now on the job (and taking it seriously vs Trump), I’ll bide my time and things will be dramatically better in a few months. All the virus numbers are now headed down because we have some leadership in the WH. The stock market boom is evidence of that.

    Things will be better in Thailand too once the vaccine program gets going. And it will get going. They just need to throw the tourism industry some bones to keep them alive and if they die others will be there to reopen when tourism starts up again in earnest. People survived world wars and previous pandemics. This isn’t any different despite dooms day fake news guys like Glenn. You should wear a diaper on your face with all the shit coming out of your mouth.

    Nuff said.

    • Wayne C

      Saturday, February 20, 2021 at 4:31 am

      Excuse me yes Florida is open for business if you’d like to go to Disneyland or any of the other theme parks in Florida they are open for business.
      California not so much we have a governor yes I live in California to that is a total incompetent yes Gavin Newsom the man is being recalled right now because he is totally inapt one because he’s locked California down for no real main reason and to the way he totally botched The vaccine roll out As for President Biden give me a break

      • Baroness

        Saturday, February 20, 2021 at 11:01 pm

        Already before the pandemic started California had a major problem: taxes and regulations. Now it’s the great exodus. Major corporations are leaving the state, unemployment has reached sky levels and now fraudulent management of the unemployment insurance goes full speed.
        Downtown San Francisco and LA are full of uncollected garbage and homeless people as well as drug addicts are taking over the streets. Businesses are closing and people leaving. There is no more middle class in California. They can’t afford the cost of living. I suppose the 2 Californian ladies (Nancy and Kamala) are going to experiment their economical wonders to the rest of the US. Just tell the last entrepreneur leaving California not to forget to switch off the light.

    • Grumpy John

      Saturday, February 20, 2021 at 6:11 am

      Are you another anti-Trump delusional dumbocrat per chance?

      • Ben

        Saturday, February 20, 2021 at 9:50 am

        I guess I am one if you a facist Trump loving QAnon idiot.

        • Grumpy John

          Sunday, February 21, 2021 at 5:23 am

          Your reply says it all! But the only part you got right is ‘Trump loving’.

          • funny coz its true

            Sunday, February 21, 2021 at 8:19 am

            grumpy Sycophant John

  9. Jim kelly

    Friday, February 19, 2021 at 8:26 pm

    I don’t need a vaccine!!

    • Issan John

      Friday, February 19, 2021 at 11:22 pm

      Splendid. Don’t have one. What’s the problem?

  10. Mark

    Friday, February 19, 2021 at 10:47 pm

    The inevitable! With idiots running the country ..really will be a banana Republic.. or we should day a ‘failed Mango kingdom”

  11. Toby Andrews

    Friday, February 19, 2021 at 11:41 pm

    If the Thais are too weak to throw out this tyrant government and their unreasonable policies to keep them in power, they deserve to return to poverty fishing and farming, as peasants,

    • Issan John

      Saturday, February 20, 2021 at 12:01 am

      At least they weren’t “too weak” to throw you out, Toby.

      • Dreamon

        Saturday, February 20, 2021 at 4:11 pm

        You really like the taste of the dictator ass, keep licking you misrable piece of sh!t

  12. James R

    Saturday, February 20, 2021 at 12:20 am

    If an economy has lost 20% of its value then that is not a collapse is it, the percentage is actually less than that but even if it was 20% its means 80% is still doing well.

    ⅔ of Thailands economy is export driven.

    In the UK we have lost 10%, we know it is temporary and as soon as this virus is out of sight then it will recover again, no one is talking of collapse.

    • EdwardV

      Saturday, February 20, 2021 at 12:42 am

      Economically tourism is considered part of exports since it’s trade between a seller (Thai), and buyer (foreigner).

    • London Al

      Saturday, February 20, 2021 at 1:59 am

      Good job you’re not in charge of the economy and who are you to speak for the British public, if 66% of the Thai economy is exports then they have an even bigger problem because there is a global economic collapse going on, that includes the UK which will go significantly further backwards before it goes forwards, but don’t worry James the remainers will sort it out.

      • James R

        Sunday, February 21, 2021 at 3:11 am

        London Al

        The UK economy is fairing very well taking into account the expected problems with virus, house prices have gone up 10% over the last year, they are selling like hot cakes, I have just sold one of mine.

        You will see how quickly we bounce back especial since we have a deal with the EU bureaucrats re trade and are now free from the incompetent self serving EU set of nob heads.

        And since when does anyones option mean they are speaking for the British public?

        Ps, we have already sorted out the “remainers”, what a bunch of losers.

        Good old Boris, the best prime minister we have ever had.

    • Andre

      Sunday, February 21, 2021 at 6:12 pm

      A quick recovery of the UK economy is quite optimistic given the combination of brexit and the pandemic. It takes many years for the economy to properly recover – that is if it ever will

      • James R

        Sunday, February 21, 2021 at 10:21 pm


        Brexit was agreed and put in places months ago.

        We can trade with them and the rest of the world and already have deals in place with other countries.

        We are ahead of any country in the world re the number of people vaccinated, 17 million so far in just a few weeks.

        The rest will be done within the next four months.

        We will recover very quickly.

  13. Changyue

    Saturday, February 20, 2021 at 12:38 am

    Tax the rich. They hav enormous wealth and pay almist nothing. COVID 19 may not kill everyone but it has debilitating and tertible long term effects. Polio did not kill but it did maim. Get a vaccine going for EVERYONE living here. Thailand may end up like Ecuador yet the rich will be just fine.

  14. Barry Betts

    Saturday, February 20, 2021 at 2:03 am

    Anyone who thinks the Thai economy is flourishing need therapy!! Tourism is desperately needed in Thailand it proves it just look at what’s happening!! Vaccine passport is the only way forward or else the Thai people will suffer for years to come!!

    • Tommy Häggmark

      Saturday, February 20, 2021 at 5:11 am

      Agree vaccine passport can solve the problem.
      I’m ready to go.

  15. Bigsleazypappa

    Saturday, February 20, 2021 at 2:06 am

    Thai Thai economy is in great shape?? Oh dear me what an absolute pathetic statement!!!! Absolute ridiculous!! Maybe oblivious to what’s happening laughable really!!

  16. Ian

    Saturday, February 20, 2021 at 2:26 am

    Thete in issan they havent got a clue what’s happening in the real world prob forgot to take thier medication as for Ben what vaccinations people still haven’t been vaccinated as we speak it’s so good of the UK today to be the leading country to be giving away vaccines as stated on the news so once again the land that keeps on giving I just hope it goes to thailand

  17. Ben

    Saturday, February 20, 2021 at 2:26 am

    Everyone should watch Israel. They have now fully vaccinated 40% of their population. Deaths and hospitalizations are coming down dramatically. My guess is they’ll be back to a new normal by mid-year which includes eating out, going to the movies, gathering with friends and family, etc. And they’ll likely open up to tourists who have vaccinated too.

    IJ, a study that came out today from Israel is showing 85% efficacy after one dose of the Pfizer vaccine and waiting 3 weeks.

    To the non-vaxxers: I don’t really care if you don’t want the vaccine. That’s your choice to make. Just don’t get in the way of others who want it. In the medium term you won’t be traveling internationally.

    The Thai economy contracted 6.1% in 2020 and is expected to grow by 2.1% in 2021 and 4.7% in 2022. Just google it (World Bank forecasts for Thai economy). Yes tourism is down but the Thai economy isn’t going to collapse. Look at the numbers instead of listening to fake opinions by people who don’t know much. They don’t really care about the poor Thai person who lost their job at the hotel. They care about being right but they’re not. We have that problem with QAnon. Do you guys really believe Democrats and elites eat children? If you do I have a bridge I can sell you for 75% off.

    • Dreqo

      Saturday, February 20, 2021 at 10:07 am

      Oh look, more willful ignorance from an economic peril denier.

    • Joe

      Saturday, February 20, 2021 at 12:37 pm

      Wow Ben knows better than all the professional economic experts who all say in unison that the Thai economy is about to collapse, Ben are you perhaps Issan John in disguise?, this kind od idiocy sounds 100% issan John.

      • Andre

        Sunday, February 21, 2021 at 6:15 pm

        Can you give us a source to all these prefssional economic experts you are talking about? Or is it just something you read in an article about a frustrated hotel manager?

  18. Alex goldyrev

    Saturday, February 20, 2021 at 3:28 am

    I have visited Thailand every year from 2007 until 2020 and bring to country over 2lan฿ that time. 2020 you start thingerprinting on the border, and for me (fingerprinting without criminal charges) was 1st sign of stop coming to that beloved country. After officials start playing covid scenario I m forced to cancel my visits. I m healthy and responsible person and vaccines,tests and masks against will is human rights violation. Rights violators will always loose money. 14 days quarantine enforcement is half of holidays and it’s offered as tourist payed time its also unacceptable. Faster you stop to force it, less deep you will fall. Restart tourism or you will be forced to borrow from the same people who recommended to you play covid restrictions.

  19. Phuket Dan

    Saturday, February 20, 2021 at 3:50 am

    When will the general Thai public understand that the danger with this ”Covid 19” is VASTLY overrated! Yes the death numbers are a tiny bit higher in some contries compared to previous years but most importantly there is no conclusive evidence that lockdowns work. I had Covid 2 months ago (I live in Sweden plenty of Covid here ??) and it was like a minor cold although I lost smell and taste for about 6 weeks. So Thai people: Please wake up!! The lockdowns are WAY worse for you and your country than ”The Virus”

  20. Danish Twirl

    Saturday, February 20, 2021 at 3:57 am

    So much noise in this comments section. Just noise, nothing else.

    • Ian

      Saturday, February 20, 2021 at 4:28 am

      What i do know Ben is that my friends business in Bangkok is so strruggling it’s a hair salon she also tells me many people are committing suicide that’s real life so your figures of the economy rising are crap and whoever published them are so not on the pulse the country’s on its knees so much debt so please don’t go on crazy numbers look out your window and smell the crap.

      • Ben

        Saturday, February 20, 2021 at 10:18 am

        Sorry Ian about your friend’s shop. There unfortunately are winners and losers in this pandemic. The rich are getting richer and the poor poorer. The same is happening in America too and it’s not going to end well as those that have nothing are going to get fed up.

        And yes some are committing suicide, going home and beating their spouses and all manner of other terrible things. These folks are the victims of this tragedy. But they have a choice that the 500,000 dead from COVID in the USA didn’t have.

        The fact is the macro Thai economy has been wounded but isn’t going to collapse. The World Bank doesn’t make these numbers up. Tourism related business are obviously mortally wounded. Also the governments stance on the virus isn’t going to change. This is an Asian culture and if you’ll notice the rest of Asia requires masks and quarantine too and suppresses civil liberties. That’s the reality.

    • Andre

      Sunday, February 21, 2021 at 6:17 pm

      There are many desperate old men that want to go back you know. They sure know how to make a noise.

  21. Grumpy John

    Saturday, February 20, 2021 at 6:29 am

    Back to the economy. If so much is export driven then eventually orders will be reduced or dry up completely. The exception being food products.

    My rational is based on the fact that huge numbers of people in Western countries don’t have the disposable income to buy the new fridge, or car, or go on a holiday to Thailand.

    It will have an impact this year on tourist numbers…and 3.2 million is unlikely…as well as manufacturing. Thai’s have to understand this Wuhan China virus effects everyone.

    It’s having an impact on farming now! My wife sold 1.5 ton of mangoes yesterday for a total of 14.500 baht. Before the Wuhan China virus came along the same mangoes would have returned 22.000 baht +/- and keep in mind her inputs like fertiliser, chemmie and labour are the same. Diesel has gone up in price lately about every 10 days or so. So, basically she and every other grower are just covering their costs…forget about a profit!

  22. funny coz its true

    Saturday, February 20, 2021 at 7:15 am

    Som Nom Na

  23. James Pate

    Saturday, February 20, 2021 at 8:47 am

    “on the brink”? Wasn’t that a year ago? The only businesses I see doing well in Thailand are Lazada, Grab and a few other disruptors and innovators in finance and pharmaceuticals. Things will NEVER be the same. The future is always different. As the Chinese proverb goes “May you live in interesting times.” May as well face the facts.

  24. Craig

    Saturday, February 20, 2021 at 11:11 am

    Maybe I’m too isolated. Knock on wood (my head), I’ve been ok. But I don’t understand the economy here. As bad as it is or seems, I see “friends” on FB having a good time. But I know tourism is down so there’s obvious pain for some. Being retired and out of the workforce, it’s not as apparent to me. Some can not adjust or change for any period of time and that’s what dooms some, imho.

    • James Pate

      Saturday, February 20, 2021 at 9:33 pm

      Craig: Yeah, I’m fairly insulated, too. The worst thing happened to me was my cleaning lady quit after 17 years out of fear of Covid and moved back upcountry. However, lots of folks around me aren’t doing so well, including the airline pilot across the street who is a Grab driver now.

  25. Max Headroom

    Saturday, February 20, 2021 at 11:38 am

    wasn´t it the Thai Minister of Tourism (!!) who called the valued tourists “dirty falangs” last year ? Well, the reply to this nice statement has arrived. Even after Covid is over, many foreigners will not forget this and travel to where they will feel welcome.
    As so often, arrogant hybris comes before the downfall. This one is well deserved.

    • James Pate

      Sunday, February 21, 2021 at 12:03 pm

      The remark was attributed to Deputy Prime Minister Anutin Charnvirakul, who is also Minister of Public Health.

  26. Issan John

    Saturday, February 20, 2021 at 12:52 pm

    The problem (apart from someone else commenting as “Issan John”, making comments I completely and totally disagree with) is that there is no “good” or even workable solution that would make any significant improvement – or, if there is, no-one here or anywhere else has come up with one.

    There are only solutions which are worse, no better, or at best only marginally less bad.

    The only solution any “experts”, such as Bill Barnett, have come up with is for those who can to close during the pandemic, lay off their staff, and try to ride out the storm. Hardly much help to their staff or to those who can’t afford to ride out the storm.

    The QAnon supporters’ solution is to ignore the pandemic because it’s “only” flu, “only” affects a tiny minority, and carry on as normal, pre-2020 – ignoring that the numbers are only as low as they are where the virus has been contained and that releasing it would be like releasing a caged, rabid dog on the grounds that it didn’t bite anyone when caged, and that the effects of doing so on the economy alone would be far worse and far more long term.

    The David Mann solution (TBF, at least he had one which is more than most complaining here have) is to forget about tourism on mainland Thailand (Pattaya, Bangkok, Chiang Mai, Hua Hin, etc, which makes up three quarters of Thailand’s tourists) and only look at Phuket and Koh Samui as they’re islands; then for the government to “re-locate” as much as a third of the local population elsewhere, quarantine the remainder if they want to leave or go off the island even briefly, and to open the islands to foreign tourists without quarantine. Hardly acceptable anywhere outside North Korea or China, and of doubtful practicality, at best, as the islands are far from self-sustaining and would need to somehow be re-supplied with food, fuel, etc.

    The TAT solution is for foreign “golf” and “villa” quarantine for foreigners which will only ever attract such a negligible number that it will make no practical difference, and for other foreigners to do ASQ and ALSQ which will only attract those staying medium or long term, not the vast majority of “tourists”.

    The government solution is various incentive schemes such as “Rao Thieu Duaykan” to boost domestic tourism and welfare payments and allowances to boost the economy and give welfare support to the needy; Rao Thieu Duaykan was clearly badly mis-timed, encouraging people to travel at the worst possible time, and the welfare payments are limited to what Thailand can afford (or the government thinks it can afford).


    Soft loans / government subsidies could be increased, but how long could Thailand afford to keep them up and go into debt? The West – the UK, US, EU, etc – has more to fall back on, stronger more varied economies, and can afford to borrow more … Thailand has a stronger economy than many of its neighbours (Laos, Burma, Cambodia, Vietnam) but nothing like the West.

    … and who in the “20%+” reliant on tourism would be eligible for the soft loans and subsidies? Just hotels, bars and restaurants or spas, hairdressers and laundries, motorbike taxis and karaokes?

    Welfare payments could be increased, but for how long?

    THE ONLY POSSIBLE SOLUTION IS MASS VACCINATION – voluntary vaccination, I hasten to add.

    Unfortunately, as Ed V put it so well “While Thailand has masterfully handled the outbreak portion of the crisis, it seems to me they have fully botched the vaccine portion.”

    The vaccination programme and plan, which must be the ONLY solution for Thailand’s economy, has somehow gone badly wrong. Pfizer and Moderna’s vaccines aren’t practical in Thailand due to the logistics, but instead of delay after delay and empty promises of local production THAILAND SHOULD BE BUYING ANY AND EVERY VACCINE THAT SIGNIFICANTLY REDUCES THE SERIOUS EFFECTS OF COVID-19 – and that includes AZ, J&J, Sputnik V, and both Sinovac and Sinopharm. All have been shown to reduce the serious effects by 95 to 100% – who cares about minor effects?

    In the meantime, welfare payments should be increased and made simpler – the checks and restrictions only make it more difficult for those who need welfare most to access it. If that means Thailand borrowing money to be able to keep up paying welfare, so be it.

    Subsidies to businesses? Arguable, but in my view not necessary for the economy. If businesses go bust, from airlines to hotels to go-go’s, there’ll be no shortage of others to take their place when business picks up – individual welfare payments, in my view, are a much higher priority.

    THE ONLY SOLUTION HAS TO BE VACCINATION – and if Thailand has to pay twice as much as anyone else, as Israel did, then it should do so without a second thought.

    • David Mann

      Sunday, February 21, 2021 at 6:11 pm

      Where did I say those things about relocating a third of the population to tourist islands? I think you are getting me confused with someone else.

      • Issan John

        Tuesday, February 23, 2021 at 2:30 pm

        No, nobody else.

        Your suggestion was to “re-locate” the vulnerable FROM tourist islands (Phuket & Samui) – not “TO tourist islands”.

        If you did some homework (demographics, age, obesity, medical conditions, etc) you’d realise that was around a third of the population.

  27. Issan John

    Saturday, February 20, 2021 at 1:11 pm

    As Wiroj Lakkhanaadisorn, an MP from the Move Forward Party, put it recently:

    ““According to an estimate from the government, if the vaccine rollout is too slow by one month, the economic losses will amount to about 250 billion baht a month. Therefore, each day the government delays its rollout, the country will lose 8.3 billion baht, or 347 million baht per hour. The vaccination is not only about preventing the outbreak – its importance also lies in ensuring a faster economic recovery and easing the plight of Thais nationwide.””

    If that’s correct, a month’s “losses” saved would be enough to pay for enough vaccines for everyone in Thailand at well over US$100 per person / $50 per dose.

    Do the maths, with doses costing anything between $3 and $37 each.

    (Moderna $37; Sinovac $30; Pfizer $20; Sputnik V $10; J&J $10 (only one dose required); AZ $4)

    • Stardust

      Saturday, February 20, 2021 at 3:29 pm

      Now I am a bit confused who is the original issan john because the other one makes the oppisite comments than you I think his name should be Issan Adolf. But if he steals your name I think better for you to change because he misued the name already and put a lot of dirt on it and also people are confused about . My comments are regarding to the issan john (Issan Adolf). But with stealing others name he shows again he is a mental sick troll

      • Issan John

        Saturday, February 20, 2021 at 3:47 pm

        Pretty pointless my changing my name, Stardust, when someone could just do the same thing again – I’m flattered someone would go to the trouble, though, although it’s unfortunate that the Thaiger don’t put a stop to it.

        However much I comment on specifics, I don’t take sides with politics in a country where I’m a guest not a citizen and I never have.

  28. Dreamon

    Saturday, February 20, 2021 at 4:06 pm

    Ask some cash to the king, he is loaded.

  29. Issan John

    Saturday, February 20, 2021 at 5:15 pm

    Saving a month’s “losses” would be enough to pay for J&J’s or AZ’s vaccines for the whole population (including expats :)) MORE THAN TEN TIMES OVER, Stardust – it doesn’t “cash”, it just needs to be done.

  30. ipfunnyjohns

    Saturday, February 20, 2021 at 5:28 pm

    Central bank money printing from 2008 didn’t work as well as the central banks said it would and as that Began to unravel, the central banks needed something other than them self to blame their shortcomings on. So they rebranded the flu.

    Sure it’s easy to say 2 mill deaths and less than 1% of the global population caught it…. when there was no testing for it early and even now for most people. The actual number of prior infections is likely much higher than the 1% number tossed around.

    And we’re likely closer to herd immunity than reported.

    It’s just not that dangerous and it doesn’t spread any easier than the flu.

    The average age of death is 80.

    Wtf guys. Put your egos aside and open the borders now!! No quarantine!

    • Issan John

      Saturday, February 20, 2021 at 6:23 pm

      So … the “central bank … rebranded the flu” as Covid-19?


      … I see 😮

      … but what “central bank”?

  31. Bill Fischer

    Saturday, February 20, 2021 at 9:36 pm

    “placing the health of its people over the economy” No, they don’t. They like control. If they actually cared about the health of the citizens Thailand wouldn’t constantly be at the top of the list of countries with the highest number of traffic deaths.

  32. AuonK

    Saturday, February 20, 2021 at 11:21 pm

    Just imagine, if you like, 40 million tourist coming to Thailand. Many of them flew Thai Airways, they need hotel, they need taxi, they need beer, they need food, they shop, they do activities like scuba diving and other activities. They need boat rides, they rent cars, rent bikes, rent condos, go to concerts and the movies. Entire enterprises like Soy Cowboy and pattaya walking street are 100% depended on tourism. All those girls, bars and bar owners have nothing now. Just imagine all of that and much much more every year in and out and then suddenly .. poof gone.

  33. Dreamon

    Sunday, February 21, 2021 at 12:12 am

    Sort of believe the Thai government is doing a fantastic job. Thailand will be strong again very soon under the excellent leadership of PM Chan-ocha

  34. Patrick Kealy

    Sunday, February 21, 2021 at 12:31 am

    Boy did this original topic go off the rails. The Thai economy is in dire straits and unless the Government acts quickly to reopen the country to tourism a deep depression is around the corner by mid year. With the restrictions currently in place for Tourists even having a vaccine shot is still not enough to travel to Thailand, you have to pony up for that assine quarantine hotel, pony up for a 100,000 dollar health insurance, provide a covid free test, a certificate to fly. This current Government should allow tourists who have been vaccinated, have a covid test and submit to a covid test upon arrival to travel freely. When you add up the huge impact that the decline in Tourism has, the huge decline in exports has its pretty much a given that Thailand will implode economically.

  35. Mo

    Sunday, February 21, 2021 at 9:20 am

    From a eu citizen point of view, it is astounding to see how south Asian governments can be impose such strict travel bans. Thailand will not open in 2021 and literally sacrifice it’s tourism industry, it so much depends on. The country does not give any serious perspective and does not seem to care at all. We have also a lot of restrictions in the eu, but there is always so much pressure, restrictions are constantly questioned.

    • Graham Smith

      Tuesday, February 23, 2021 at 6:29 am

      The Golden years are finally at the end. Not many people would like to go to LOS like before. People will find new destinations and thailand will be a funny memorie.They can scam and hussle their own
      People in the future. They bleeding but still have double pricing???? I cant understand how low IQ they have. Great is was it is, let the scammers,the bangers and the fake faces deal with their own People and a few lost expats. Good night!

    • Issan John

      Tuesday, February 23, 2021 at 2:35 pm

      Yes, Mo – “restrictions are constantly questioned” in the EU, UK, US, etc. ….. and rather a lot of people are dead of Covid as a result.

      Here, they’re questioned, explained, and accepted and rather fewer are dead …

  36. BorisB

    Sunday, February 21, 2021 at 9:37 am

    I definitely like the new isaan John he speaks more sense than the old one!!!! A lot more sense

  37. Amy Sukwan

    Sunday, February 21, 2021 at 7:39 pm

    Why can’t they just print more money?

    • EdwardV

      Sunday, February 21, 2021 at 11:09 pm

      Printing money causes inflation. Some countries can get away with it more than others, but none can do it forever without bad things happening. That said, all countries are doing so (Thailand included) because the risk of inflation isn’t as large as the certainty of economic depression.

  38. Patrick

    Tuesday, February 23, 2021 at 10:27 pm

    It was a great idea to help the local tourism and industry, for 430 + blacksheeps out of 30000 registered hotels, government might stop the help instead trying to improve the use of TTOGETHER, further damages will go on with thousands more jobless to pay for…. Great move again by opposite of positive

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Ann Carter is an award-winning journalist from the United States with over 12 years experience in print and broadcast news. Her work has been featured in America, China and Thailand as she has worked internationally at major news stations as a writer and producer. Carter graduated from the Walter Williams Missouri School of Journalism in the USA.

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