Sunday, August 9, 2020

Coronavirus: Thailand’s rich ‘Hi-So’ elite unfazed by pandemic’s economic scourge



As the coronavirus brought the global economy to its knees, Thai businessman Yod decided to buy himself an US$872,000 treat – a lime-green Lamborghini.Yod picked up the customised Huracan EVO supercar in Bangkok, a city of billionaires with a luxury economy unbroken by the crisis ripping through Thailand’s wider economy.With tourism and exports in free fall, Thailand’s economy could shrivel by as much as 10 per cent this year, dumping millions into unemployment.But in a split-screen economy,…



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