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Thai baht’s slide fuels electronics sector rally

[BANGKOK] A slide in Thailand’s baht is proving to be a fillip for the country’s exporters of electronics parts. The SET Electronic Components Index is up about 9 per cent so far in April, leading the 28 industry groups in the nation’s stock market. Delta Electronics (Thailand) Pcl is one of the top performers this […]

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Thailand: Export prospects top meeting

The Trade Promotion Department is scheduled by the end of this month to speak with the top 10 export-driven manufacturers to evaluate prospects and discuss how to accelerate shipment growth in the second and third quarters — normally the peak period for exports.  The 10 manufacturers account for more than 50% of Thailand’s total exports. They […]

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State firms contribute 28% to Vietnam’s GDP in 2018

The Hanoitimes – Some 100 state firms would be subject to privatization in 2019, while the number slated for state divestment is 193. Vietnam’s state-owned enterprises (SOEs) contributed 26 – 28% to the country’s GDP in 2018 and made up 24.82% of the state budget revenue, VnEconomy reported.  As of the end of 2018, Vietnam has […]

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Thailand: Hitting the road, getting a leg up on rivals

While online, app-based food deliveries may be relatively new to Thailand, the motorcycle drivers carrying insulated boxes filled with orders and branded with their company logos have become ubiquitous in the country’s urban areas.  The three major players in online food delivery — Grab Food, Line Man and Foodpanda — all say they have the largest […]

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Thailand: Credit inquiries climbing as household debt swells

Credit inquiries at the National Credit Bureau (NCB) are expected to hit another record high this year amid mounting anxiety over swelling household debt.  The number of credit inquiries for existing borrowers is estimated to reach 60 million this year after 12.6 million were made during the first three months, said NCB chief executive Surapol Opasatien.  […]

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