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Search Result for “Government debt”

Showing 1 - 10 of 349

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MOTORING

Hyundai unit may adjust output post-2026

Business, Lamonphet Apisitniran, Published on 27/09/2024

» Hyundai Mobility Thailand, a subsidiary of South Korea's Hyundai Motor Group, plans to produce 5,000 battery electric vehicles (BEVs) a year at its plant in Samut Prakan in 2026, but may need to adjust future volume as domestic car sales sag.

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THAILAND

PM puts poverty in crosshairs

News, Mongkol Bangprapa, Published on 27/09/2024

» Eradicating poverty and building a prosperous economy are among the goals the government plans to achieve during the rest of its term, an adviser to the prime minister said.

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GENERAL

Thai factory output falls in August

Published on 26/09/2024

» Factory output in Thailand fell in August due to lower automobile production, higher energy prices and flooding in the North, according to the Ministry of Industry, which now says a full-year contraction is possible.

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GENERAL

Thailand risks credit rating downgrade, opposition warns

Bloomberg News, Published on 26/09/2024

» Thailand runs a "very alarming" risk of credit rating downgrades if the government does not rein in its massive pile of debt to prop up Southeast Asia's second-largest economy, according to the country's biggest opposition group.

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THAILAND

Cheaper outpatient costs mulled

News, Apinya Wipatayotin, Published on 26/09/2024

» Public Health Minister Somsak Thepsutin has floated the idea of reducing costs for the treatment of outpatients per visit at hospitals, claiming this measure, if successful, would help create a level playing field through the more equal distribution of funds.

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MOTORING

Auto sector reels from falling orders, soaring household debt

Reuters, Published on 25/09/2024

» Thailand's US$53 billion automobile industry is facing a grim future as highly indebted domestic consumers struggle to finance purchases and overseas buyers of its mainstay traditional vehicles increasingly switch to electric alternatives.

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THAILAND

Govt continues to push rate cuts

News, Phusadee Arunmas, Published on 25/09/2024

» The Finance Ministry and the Bank of Thailand (BoT) will meet next week to discuss the strong baht and the country's inflation target as the government continues to push for interest rate cuts.

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GENERAL

2.4 million ‘at-risk’ borrowers a big concern

Somruedi Banchongduang, Published on 24/09/2024

» Borrowers with debts exceeding 1 million baht each represent the greatest concern for the country as household debt accumulates, a new survey shows.

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GENERAL

China seen as keeping Thai inflation low

Business, Wichit Chantanusornsiri, Published on 24/09/2024

» Thailand's rate of inflation is not a major concern as China is currently "exporting deflation" globally, according to the chairman of the state planning agency.

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OPINION

Former Merkel rival aims to become chancellor

News, Published on 24/09/2024

» Squeezed out of top-level politics by his arch-party rival Angela Merkel more than two decades ago, Friedrich Merz is on course to land his first-ever government job as Germany's next chancellor. The conservative Christian Democrat Party (CDU) and its Bavarian sister party, which together are topping nationwide polls, last Tuesday agreed to nominate Mr Merz, 68, as candidate for chancellor in next year's federal election.