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As a result of the World Health Organization's designation of the new, highly contagious Omicron strain as a variant of concern on Nov 26

Since the new, highly contagious Omicron strain was designated a variant of concern by the World Health Organization on Nov 26, many countries have made a U-turn on loosening Covid-19 curbs.

Prolonged lockdowns to cause GDP drop 7 Government mulls renewed stimulus Live share prices on display at a securities firm. Brokerages expect share prices to decline this year. The economic impact from lockdowns may cause Thai GDP to drop by 300 billion baht or 1.7 percentage points, while listed companies' earnings price per share are expected to decline by 4% this year, as reflected in recent decreases in share prices, according to Kasikorn Securities. The Thai government has extended the lockdown until at least Aug 2 and increased the number of provinces under...

Prayut orders stimulus rejig Shopping areas in Siam Square are quiet on Tuesday due to the Bangkok lockdown. (Photo: Wichan Charoenkiatpakul) Prime Minister Prayut Chan-o-cha has ordered responsible state agencies to re-evaluate existing consumption stimulus packages, particularly the "Ying Chai Ying Dai" (the more you spend, the more you get) e-voucher cashback scheme, which has attracted fewer participants than expected. Government spokesman Anucha Burapachaisri said Gen Prayut issued the order at a meeting of the Centre for Economic Situation Administration (CE...

Govt extends plan to boost spending 16 published : 21 Jul 2021 at 09:31 16 The cabinet has agreed to extend the "Ying Chai Ying Dai" scheme aimed at spurring public spending, according to the government spokesman team. The adjustment was approved at Tuesday's cabinet meeting along with expanding the state-sponsored relief package to cover Chachoengsao, Chon Buri and Ayutthaya, which were added to the 10 provinces hardest-hit by Covid-19 and are under lockdown. Government spokesman Anucha Burapachaisri said the cabinet has given the green light to extend the Ying C...