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THAILAND

FPT Deepens Thai Partnerships to Drive Digital Transformation

Published on 17/05/2025

» Bangkok, May 2025 — Global IT firm FPT Corporation (FPT) has formed strategic partnerships with two of Thailand’s leading enterprises—Sunline and Buzzebees—underscoring the deepening technological and business collaboration between the two nations amid their shared momentum in digital economic growth. The event took place during the official visit of Thailand’s Prime Minister H.E. Paetongtarn Shinawatra – her first official visit to Vietnam since taking office in August 2024.

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GENERAL

Would more debt fix the economy?

Business, Wichit Chantanusornsiri, Published on 17/05/2025

» A total of seven emergency loan decrees were issued from 1998 to 2021, authorising combined borrowings of 3.83 trillion baht to address various economic crises, including the Asian financial crisis and the Covid-19 pandemic.

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GENERAL

Bank rate cut to trim interest margin

Business, Somruedi Banchongduang, Published on 17/05/2025

» Large local banks have lowered their interest rates in response to the Bank of Thailand's recent policy rate cut, a move that is expected to compress the banking sector's net interest margin (NIM) this year.

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GENERAL

KKP targets flat growth in mortgages and bad loans

Business, Somruedi Banchongduang, Published on 16/05/2025

» Kiatnakin Phatra Bank (KKP) expects flat mortgage growth this year under its selective lending strategy, aiming to keep non-performing loans (NPLs) at their existing level.

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MOTORING

Neta Auto banks on new investors

Published on 15/05/2025

» A new investor group is expected to take over debt-ridden Neta Auto, looking to revive the Chinese battery electric vehicle (BEV) maker in China and Thailand, says the head of the local subsidiary.

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GENERAL

Bank of Thailand tempers rate cut bets

Published on 14/05/2025

» The Bank of Thailand has lowered expectations for more interest rate cuts to deal with a worsening growth outlook, with officials saying they need to preserve limited policy space to guard against future shocks stemming from a global trade war.

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INVESTMENT

Trump's China signals give shares a lift

Business, Published on 10/05/2025

» RECAP: Asian stocks advanced yesterday after US President Donald Trump announced a trade deal with the UK and signalled that tariffs on Chinese goods may fall if preliminary talks this weekend in Switzerland go well.

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GENERAL

China exports beat forecasts ahead of US tariff talks

AFP, Published on 09/05/2025

» BEIJING — Chinese exports rose last month despite the trade war raging with the United States, official data showed Friday ahead of talks between the world's top two economies towards easing the standoff.

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GENERAL

Chamber predicts 2% Thai growth this year

Business, Phusadee Arunmas, Published on 09/05/2025

» The University of the Thai Chamber of Commerce (UTCC) expects the Thai economy to grow by nearly 2% this year, while the Monetary Policy Committee (MPC) has room for two more rate cuts.

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GENERAL

China eases monetary policy to boost ailing economy

AFP, Published on 07/05/2025

» BEIJING - China on Wednesday eased key monetary policy tools in a bid to boost its ailing economy as it struggles with the effects of weak consumption and United States President Donald Trump's trade war.