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Thailand: Residential developers cautious on investment

Residential developers remained cautious on investment in the third quarter amid low consumer confidence and slowed economic activities, according to a survey by the Real Estate Information Center (REIC). Surachet: Sluggish economy in Q3 The centre reported that the housing developer’s expectations index dropped to 61 points in the third quarter from 67 in the […]

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Thailand: ING optimistic on cross-border activity

Low cost of funds, favourable demographics and growing consumption trends across the region are factors that will continue to boost cross-border mergers and acquisitions (M&A) activity in the region, says Michael Niederberger, head of corporate finance and M&A for ING in Asia. Niederberger: Firms looking abroad After record activity last year, growth has somewhat tempered […]

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Thailand: September exports roar to record high

Exports rose for a seventh straight month in September, surging 12.2% year-on-year to a record-high US$21.8 billion (722.4 trillion baht), as demand increased in all traditional and emerging markets, says Commerce Minister Apiradi Tantraporn. She said exports to the traditional key markets of the US, Japan and EU rose by 5.7%, 10.3% and 2.1% year-on-year […]

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Thailand – Survey: SMEs still uncertain

Some 70% of small and medium-sized enterprises (SMEs) say their business has bottomed out, but most remain uncertain of when they will start investing again, according to a survey by the University of the Thai Chamber of Commerce (UTCC). As many as 38.8% of respondents were unsure when they will invest again, 3% said they […]

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Thailand: Inflation target left untouched

The Bank of Thailand will maintain its inflation target band of 1-4% for next year on expectations that inflation will fall back to the lower band by mid-2018, says governor Veerathai Santiprabhob. “Currently, our forecast still points to [headline] inflation reaching the target band in early to mid-2018, so there’s no need to change the […]

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