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Search Result for “Fitch Solutions”

Showing 1 - 10 of 132

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GENERAL

Vietnam Q2 GDP growth quickens on strong exports, US trade deal brightens outlook

Published on 05/07/2025

» HANOI - Vietnam's economy grew at a faster pace in the second quarter of this year led by strong exports, in an encouraging sign just days after US President Donald Trump said he would place lower-than-threatened 20% tariffs on many Vietnamese products.

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GENERAL

Thailand's refiners adjust to clean energy

Business, Published on 13/06/2025

» Thailand's refining industry is adapting to evolving market dynamics influenced by clean fuel policies. The industry has undergone structural changes due to mergers and acquisitions that have altered refiners' long-term business strategies amid changing dynamics in both domestic and regional markets.

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GENERAL

Tariff stakes sky-high for Samsung and Vietnam

Published on 12/04/2025

» HANOI - When Samsung Electronics chairman Jay Y Lee met Vietnam’s prime minister in July, he had a simple message to convey. “Vietnam’s success is Samsung’s success, and Vietnam’s development is Samsung’s development,” Lee told Pham Minh Chinh, pledging long-term investment to make the country its biggest manufacturing base for display products.

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GENERAL

Thai growth outlook remains stable

Business, Nareerat Wiriyapong, Published on 28/02/2025

» Economists have maintained Thailand's 2025 GDP growth forecast following the Bank of Thailand's recent interest rate cut, saying more reductions are likely during the year to lift a stagnant economy amid a challenging global outlook.

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GENERAL

Headwinds for Thai rice industry

Business, Published on 21/02/2025

» Thai rice exports for the 2024-25 harvest season are expected to decrease after a positive 2023-24, due to the easing of Indian export restrictions on the grain, according to BMI, a Fitch Solutions company.

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GENERAL

Thailand's 2025 growth forecast maintained at 3%

Business, Published on 20/02/2025

» Official data released on Monday showed Thailand's real gross domestic product (GDP) growth accelerated from 3% year-on-year in the third quarter of 2024 to 3.2% in the fourth quarter. This reading was below what most analysts including us were expecting (BMI: 3.4%, Reuters: 3.9%). While this was the strongest pace of expansion in 2024, full-year growth of 2.5% notably missed the 2.7% target set by the Bank of Thailand.

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GENERAL

BoT rate cut likely as growth is insufficient

Business, Nareerat Wiriyapong, Published on 19/02/2025

» A disappointing GDP rate in the fourth quarter of 2024 raises the probability that the Bank of Thailand will cut the policy rate in the first half this year, say economists, while being a potential target of US reciprocal tariffs puts the country's growth this year at risk.

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GENERAL

SIM registration rule will shrink Thai mobile market

Business, Published on 11/02/2025

» The National Broadcasting and Telecommunications Commission (NBTC) is introducing new biometric authentication measures for SIM card registration to combat unauthorised SIM cards and online scams. The regulator is also cracking down on unauthorised SIM dealers, with violators facing severe penalties.

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GENERAL

Muang Thai Life Unveils 2025 Strategy for Sustainable Happiness

Published on 31/01/2025

» Muang Thai Life Assurance Public Company Limited (MTL) is committed to delivering a seamless customer experience through stability and sustainability.

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MOTORING

EV overview shows sales growth slowing

Published on 04/01/2025

» Electric vehicle (EV) sales in Thailand slowed considerably in 2024 following explosive growth of 320% in 2023, as a reduction in incentives offered to consumers and stricter loan requirements negatively impact the pace of adoption.