Thailand approves US$3.3b stimulus to ease coronavirus impact

Business & Finance
24 Mar 2020 • 3:42 PM MYT
Malay Mail
Malay Mail

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People walk through a ‘sanitising gate’ spraying disinfectans againts coronavirus before entering into a shopping mall in Bangkok March 6, 2020. — Reuters

BANGKOK, March 24 ― Thailand's Cabinet today approved additional stimulus measures worth 107 billion baht (RM14.4 billion) in a bid to mitigate the impact of the coronavirus outbreak.

The measures include cash handouts, soft loans, emergency loans, tax breaks, Deputy Prime Minister Somkid Jatusripitak told reporters after a cabinet meeting.

Earlier on Tuesday, Thailand reported 106 new coronavirus cases and 3 more deaths, taking the total to 827 cases and 4 deaths. ― Reuters