THAILAND: Companies in Thailand have requested that the costs of vaccinating their workforces be deducted from corporate taxes as a direct economic stimulus.
Bangkok Bank senior executive vice-president Kobsak Pootrakool said the relatively small investment would have progressive returns for the wider economy.
“If businesses can resume in operation once employees are vaccinated, it will contribute the country’s economy and help keep it afloat. The government will then be able to focus on vaccinating the more vulnerable groups,” he said during a recent Facebook Live event this month.
Prime Minister Prayut Chan-o-cha's has promised to minimise red tape and bureaocracy within Thailand's Covid-19 vaccination strategy.