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Quarterly Global Market Report Q4 2020

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94 November, 2020 Thailand Global: 50 Availability: 63 Cost: 5 Regulation: 71 Productivity: 8 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 15) Region: 12 Availability: 14 Cost: 3 Regulation: 14 Productivity: 4 Remote Readiness 13 Remote Readiness 63 Thailand's borders are closed to all foreigners with some narrow exceptions. Arrivals require a negative Covid-19 result and to complete 14 days of quarantine. An emergency decree which includes preventing people from entering high risk areas and attending public gatherings. Non-essential shops and services and schools are generally open. 8.2% 8.8% 0% 20% Thailand Regional Ave. % of GDP Thailand Q4 2019* Q4 2020* % Change YOY Total Workforce 38.14M 38.73M +1.5% Unemployment Rate (%) 1.1% 1.9% +73% Unemployed Workers 420K 736K +75% $42 billion USD has been spent in Thailand to overcome the impact of Covid-19. The measures implemented to protect jobs and the economy include: • Reduction in social security payments and utilities • Cash support for workers who were not covered under social security • Wage subsidy up to 50% of salary for employees with social security • Domestic tourism incentive to subsidise travel costs • https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/ http://statbbi.nso.go.th

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