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Thailand: Poll, VAT refund set to increase spending

Modern trade sentiment is expected to become more bullish in the first quarter this year as the upcoming general election and the value-added tax (VAT) refund for Chinese New Year shopping could spur a shopping spree among consumers.  Thanavath Phonvichai, vice-president of research at the University of the Thai Chamber of Commerce (UTCC), said the election […]

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