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» A downgrade of Thailand’s credit rating outlook to negative from stable by major rating agencies including Moody’s Investors Service and Standard & Poor’s (S&P) is likely if political uncertainty fails to end before their mid-year review, but the nation’s sovereign credit rating is expected to be unscathed.
» The days of tax-free used cars could soon be over with the Revenue Department floating the idea of imposing tax on both second-hand car dealers and sellers as part of its effort to boost the government’s dwindling coffers.
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