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Thailand adamant on rail loan cap
Business, Wichit Chantanusornsiri, Published on 01/10/2016
» The Public Debt Management Office (PDMO) has capped the interest rate of a planned 170-billion-baht loan from China to finance the Bangkok-Nakhon Ratchasima high-speed train project at 2%, and has threatened to seek domestic funding if China charges a higher rate.
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State firms set to spend more
Business, Wichit Chantanusornsiri, Published on 01/10/2016
» The government is seeking to double investment by state enterprises to 600 billion baht next year in a fresh attempt to jump-start private investment, a key engine of sustainable economic growth.
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