Is it a good time to invest in Thailand Post-COVID?
Thailand has recently been ranked 2nd in the world after Australia and the 1st one in Asia among countries with the highest Covid-19 recovery rate, according to a report by the Global COVID-19 Index (GCI). This was possible as a result of strict discipline and endurance, collectively as a nation.
Under a baseline scenario that COVID-19 is already under control and recovering from the lockdown stagnation, the second half of the year is expected to see slow growth in many sectors. However, with new incentives on the horizon from the Thai Government, the country could see recovery as early as the first quarter of 2021 and we may witness incoming waves of new ventures and Thailand starting to bounce back.