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Thailand ripe for a digital banking battle

Digital banking is transforming the traditional financial landscape. There are now 249 digital banking players globally — both dynamic upstarts and transitioning legacy operators — as of the end of 2020. Thailand offers a mature and promising market for this digital banking evolution, but one that requires regulatory guidance if it is to truly be […]

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Thailand: Pattaya reopening likely to be delayed

Pattaya plans to adjust its reopening plan as Thailand may not be able to control the high rate of infections and provide sufficient vaccinations until the fourth quarter. Thanet Supornsahasrungsi, acting president of the Chon Buri Tourism Council, said tourism operators acknowledged the plan to reopen two districts to international tourists in September may be […]

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Thailand: Steel demand to drop for a few months

The one-month shutdown of construction worker camps to contain the spread of Covid-19 is expected to decrease demand for steel in the construction sector by 30-40% as Tata Steel Thailand (TSTH) has already seen sales drop by 20-30% during the shutdown. Domestic steel consumption will feel the impact in the next one to two months, […]

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