Thailand outlines US$3.2b stimulus to alleviate novel coronavirus impact

Sat, Mar 07, 2020 - 5:50 AM

South-east Asia's second-largest economy is growing at its weakest pace in years due to soft exports and investment. The epidemic continues to hit tourism, which was a bright spot.

PHOTO: BLOOMBERG

Bangkok

THAILAND on Friday outlined a stimulus package, estimated to be worth more than US$3.2 billion, to mitigate the impact of the novel coronavirus outbreak on activity in an already-flagging economy.

South-east Asia's second-largest economy is growing at its weakest pace in...