Thailand announces $58 billion plan to mitigate coronavirus impact

BANGKOK (Reuters) - Thailand's cabinet approved a package of economic measures worth 1.9 trillion baht (47.13 billion pounds) on Tuesday to alleviate the impact of the coronavirus outbreak, Finance Minister Uttama Savanayana said.The package for Southeast Asia's second-largest economy includes a law to borrow 1 trillion baht plus central bank measures worth another 900 billion baht in soft loans and support for corporate bonds, Uttama told a news conference.Of the 1 trillion baht borrowing, 600..