Thursday, 30 November 2023

Thailand making efforts to bolster economy

29 May 2020 | News

Thailand is putting more efforts in research and technology

Thailand has performed well in containing the COVID-19 outbreak and mitigating its impact. Since 27 April 2020, the number of new COVID-19 cases has increased only slightly, while some days saw no new cases at all. About 96 per cent of those infected have fully recovered, and fatality rate is less than 2 per cent, Ministry of Foreign Affairs of Thailand states.

In tandem with public health measures, the government is addressing economic risks by injecting loans and financial assistance to the people. Some observers rightly noted that if the economy is an ailing patient in dire need of oxygen, the cash flow pumped in by the government is comparable to the breath of fresh air in a stale room. 

The government has gradually relaxed certain restrictions in phases since 3 May 2020, to let businesses revive. The decision was made based on the satisfying outcome in controlling COVID-19. 

Thailand is putting more efforts in research and technology, particularly in innovative medical treatment and solutions. Thailand now have assistant robots and telemedicine to help doctors and nurses take care of patients from a distance.

It will be a long road to recovery before Thailand resume normalcy and our economy regains momentum. But as long as Thailand remain committed to its aspirations, the world will rebound and emerge with a stronger sense of resilience and solidarity.

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