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NETA Auto unveiled smart electric SUV, at the Bangkok International Auto Show

29. March 2024

NETA Auto unveiled the NETA V-II, a smart electric SUV, at the Bangkok International Auto Show. The innovative vehicle offers entertainment and intelligent features, targeting Generation Z consumers in Thailand and beyond.

This article was originally published here: NETA Auto unveiled smart electric SUV, at the Bangkok International Auto Show

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Thailand BOI offers incentives to attract international events

29. March 2024

The Thai government announced that it will grant tax waivers and import duty exemptions for organizers of large international concerts, sporting events, and festivals, as part of efforts to boost event-related tourism and economic growth.

This article was originally published here: Thailand BOI offers incentives to attract international events

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SCB EIC anticipates two policy rate cuts in April and June 2024

28. March 2024

The forecast includes two expected policy rate cuts by the MPC in April and June 2024 to sustain a neutral monetary policy stance and support economic growth while alleviating high debt burdens for vulnerable businesses and households.

This article was originally published here: SCB EIC anticipates two policy rate cuts in April and June 2024

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World Bank Data shows untapped potential and resilience in emerging markets

28. March 2024

For sovereign borrowers, defaults are rare, averaging just 0.7% annually, and the World Bank typically recovers more than 90% of the amount owed, including both principal and interest. This underscores the World Bank's preferred creditor status and its ability to effectively manage sovereign credit risk.

This article was originally published here: World Bank Data shows untapped potential and resilience in emerging markets

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Thailand’s car production declined by 19.3% in February

28. March 2024

The decline in car production is attributed to a combination of different factors such as increase in imported electric vehicles (EVs) and a decrease in the production of pickup trucks, among others.

This article was originally published here: Thailand’s car production declined by 19.3% in February

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True-DTAC oligopolistic merger challenged in a Thai court

28. March 2024

The Supreme Administrative Court agreed, stating that the merger would impact fair competition and have widespread repercussions on subscribers due to the limited number of service providers in the telecom market.

This article was originally published here: True-DTAC oligopolistic merger challenged in a Thai court

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Moody’s affirms Bangkok Bank’s Baa1 ratings with a stable outlook

27. March 2024

The affirmation of BBL's Baa1 ratings and baa1 BCA reflects the bank's strong solvency and liquidity due to its conservative risk culture and prominent corporate banking franchise in Thailand.

This article was originally published here: Moody’s affirms Bangkok Bank’s Baa1 ratings with a stable outlook

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