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Search Result for “first-car buyer policy”

Showing 31 - 40 of 218

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BUSINESS

Cars continue their leisurely ride

Business, Piyachart Maikaew, Published on 05/01/2017

» Thailand's overall automotive market is expected to stay slow in 2017, as poor exports are likely to overwhelm domestic sales, which are expected to grow for the first time in four years after a constant slump since 2013.

BUSINESS

Asian shares drift lower in thin Pre-Holiday trade

Business, Published on 26/12/2016

» Recap: The oil price retreat and lack of positive market-moving factors weighed on Asian stocks last week. Thai shares also tracked the fall in the regional bourses, but buying in tax-saving funds ahead of the year-end limited the downside.

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BUSINESS

Mazda angles for pole position

Business, Piyachart Maikaew, Published on 24/12/2016

» Thailand's domestic car market for years has been battling a continuous slump since 2013, with the blame placed squarely on the previous government's generous first-time car buyer scheme that ended in late 2012.

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THAILAND

Getting the green light on electric cars

Spectrum, Paritta Wangkiat, Published on 30/10/2016

» As of Sept 30, Thailand had 52 electric sedans on the road. There are roughly 1.3 million electric cars on the roads worldwide, but with fears batteries will flatten in traffic or flooding will lead to lasting damage, Thai drivers have been slow on the uptake.

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BUSINESS

Household debt won't erode stability

Business, Pawee Sirimai, Published on 26/10/2016

» The amount of debt held by Thai households might not decline next year, but it is less likely to harm economic stability, says a senior Bank of Thailand official.

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BUSINESS

End of car debt to lift spending

Business, Somruedi Banchongduang, Published on 19/10/2016

» The five-year ownership lock-up period for cars bought under the first-time car buyer scheme begins to expire late this year, and being free of auto loan debt will improve household purchasing power and strengthen domestic consumption, according to Krungsri Research, a unit of Bank of Ayudhya.

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BUSINESS

Investors cheer central banks, Jasmine buoys set

Business, Published on 26/09/2016

» Recap: The US Federal Reserve's less-hawkish view on the pace of interest-rate increases, coupled with policy tweaks by the Bank of Japan, buoyed global stock markets last week. The Thai bourse tracked global movements before profit-taking set in on Friday, while a huge tender offer for Jasmine International (JAS) shares also created a bounce.

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THAILAND

Household debt at new high

Business, Published on 16/09/2016

» Average household debt in the year to date has risen by 20.2%, the highest growth in nine years, according to a survey by the University of the Thai Chamber of Commerce (UTCC).

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BUSINESS

Scotiabank shelves TBank divestment

Business, Somruedi Banchongduang, Published on 07/09/2016

» Bank of Nova Scotia (Scotiabank), Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank (TBank) because of the fragile global economic recovery, according to a source in the banking circle.

BUSINESS

Japanese stimulus plan gives lift to Asian stocks

Business, Published on 01/08/2016

» Recap: Asian stock markets advanced last week, propelled by Japan's bigger-than-expected fiscal stimulus plan, while investors shrugged off a US Federal Reserve statement that opened room for a policy rate hike later this year. Thai shares also climbed higher in liquidity-driven trade.