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Thailand: BoT launches car loan debt programme

The Bank of Thailand has implemented a new auto loan debt mediation programme, aiming to help 100,000 borrowers ease their debt burden during the pandemic. The central bank and auto loan creditors plan to offer the scheme until July 31. Many auto loan borrowers are struggling with debt repayment because of the ongoing pandemic. The scheme […]

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Cambodia-US bilateral trade on course to growth

Cambodia and the US are expected to see bilateral trade on a course of growth, with the two countries engaging in a high amount of trade exchange. Key insiders and officials say that there is room to boost trade relations between the two nations. The observation was made as the US Deputy Secretary of State, […]

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Thailand: Remote work to boost IT spending by 4.9%

IT spending in Thailand is expected to surge by 4.9% this year, buoyed by a jump in outlays on enterprise software and devices to support remote work, according to global research firm Gartner. Of the total IT spend, enterprise software is forecast to see the strongest growth of 13.2%, followed by devices with growth of […]

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Thailand: Q2 exports seen up 15% y/y – shippers

Thailand’s exports are expected to rise 15% in the second quarter from a year earlier, powered by improved global demand and after coming off a low base last year, the shippers’ council said on Tuesday. While maintaining its export growth forecast of 6%-7% this year, the group said shipments could rise 10%-15% if the country […]

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