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Fresh wave threatens media spending

Thailand’s media spending is expected to grow less than 5% in 2021, down from a previous estimate of 8-10% following a fresh wave of the pandemic, says Media Intelligence (MI), a media planning and creative agency. Source: Business

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Council hints at layoffs

The Tourism Council of Thailand (TCT) estimates the industry’s unemployment rate in the second quarter could reach between 2-2.5 million as reopening plans might be delayed if the government cannot flatten the virus curve within a month. Source: Business

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Gold, crypto prices surge despite virus

The third coronavirus wave in Thailand is pushing investors towards safe assets like gold, with online gold transactions doubling between April 15-16 as the global price reached a seven-week high, according to Hua Seng Heng Group, one of the country’s large gold traders. Source: Business

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