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Thailand: Inflation down in September

The consumer price index (CPI) fell 0.70% year-on-year in September, the Commerce Ministry said on Monday. The ministry said low energy prices and electricity bills had contributed to the 0.7% decline of the headline inflation, compared with the same period of last year. Core inflation, another gauge which excludes volatile food items and energy prices, […]

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Thailand: High-risk tourists barred from visit

The Foreign Ministry on Saturday clarified the details of the Special Tourist Visa (STV) for long-stay tourists, saying the most important requirement for all applicants is they must be coming from low Covid-19 risk countries. The STV scheme is a part of the state’s bid to revitalise the economy. Prospective STV applicants are being advised […]

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Bank of Ayodhya (Krungsiri) sees potential in regional markets, especially Cambodia

Bank of Ayudhya (BAY), branded as Krungsri, is focusing on regional markets for its medium-term business plan as it seeks S-curve growth. In Asean, Krungsri has a presence in Cambodia, Laos, Myanmar, Vietnam, the Philippines and Indonesia under different business models and strategies. Krungsri is Thailand’s fifth-largest commercial lender by total assets, has conducted its […]

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Thailand: Stepping in as new travel habits form

In the post-pandemic world, where technology plays a more crucial role in reshaping habits, travel tech companies are connecting the space between technology and travel and accelerating the reboot of Thai tourism after being hit hard by the global health emergency. When safety becomes the primary concern, new lifestyles that require social distancing practices are […]

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Thailand: E-waste imports banned

The Commerce Ministry has announced a ban has been imposed on the import of 428 types of electronic waste, or e-waste, declaring Thailand is not a global dumpsite. The ban, which took effect on Sept 15, was launched under a 2018 resolution by the government’s sub-committee managing and controlling imported electronic and plastic waste, said […]

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Thailand: Living on borrowed time

Fears of a debt tsunami are amplifying with debt relief measures by the Bank of Thailand set to expire later this month. Suffering businesses are urging an extension to avoid shouldering a mountain of debt that could make them go under. Non-performing loans (NPLs) in consumer finance are edging up amid the economic downturn aggravated […]

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