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Thailand: FTI warns export volume may flatline

Thailand may not see bright export prospects in the third and fourth quarters this year if high ocean freight rates and container shortages remain, says the Federation of Thai Industries (FTI). Its warning came after the Thai National Shippers’ Council said earlier this month that the country’s exports could rise by 10%-15% in 2021, driven […]

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Vietnam: Coworking facilities toil through restrictions

With the pandemic complicating movement and forcing many employees to work from home more often, coworking space operators in Vietnam are using the time to improve their interiors and services, while trying to continue expansion. The pandemic impacted the real estate market in a significant way and coworking spaces are seeing the after-effects of the […]

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Thailand: BoT to mull ceiling rate reduction

Ceiling interest rates of consumer loan products, which are currently over 20% per year, are expected to be reduced by at least 1-2%, following calls by the government for the Bank of Thailand (BoT) to review interest rates for credit cards and personal loans to tackle household debt. An executive of a financial institution, who […]

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Thailand: AoT ‘cautious’ over tourism reopening

Airports of Thailand (AoT) is welcoming the country’s planned reopening to foreign visitors as airlines and other businesses have been struggling due to the Covid-19 pandemic, though it said arrivals won’t pick up until October. AoT president, Nitinai Sirismatthakarn, said on Monday the launch of the tourism “Sandbox” programme in Phuket next month may not attract […]

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