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Chery to build $800m EV plant in Vietnam
HANOI - The Chinese automaker Chery has signed a joint venture agreement with a local company to set up an $800-million electric vehicle plant, the Vietnamese trade ministry said on Thursday.
Bank of Thailand seen cutting rates twice this year
Thailand's Bond Market Association (ThaiBMA) on Thursday said it expects the Bank of Thailand (BoT) to cut rates twice this year starting from June and totalling 50 basis points.
K-Research expects central bank to stay the course on rates
Despite growing market anticipation of monetary policy easing, Kasikorn Research Center (K-Research) is ruling out the possibility of a Bank of Thailand (BoT) policy rate cut at its April 10 meeting amid growing concerns about a weakening baht.
Drive to reopen border checkpoints with Laos
Thailand is holding talks with Laos to expedite the reopening of border checkpoints to facilitate border trade and tourism between the two countries.
Vietnam's Vinfast focusing on Thailand's EV market
Vietnamese electric vehicle maker Vinfast is competing with Chinese car companies to market its EVs in Southeast Asia, aiming to benefit from the Asean Free Trade Agreement (Afta).
YouTube sees spike in short video views
Average daily views for the video format YouTube Shorts grew by more than 130% year-on-year in Southeast Asia as of July 2023, says Niharika Kapoor, Asia-Pacific lead for Shorts scaled partnerships.
Finding new levers for energy subsidies
The expiry of the diesel price subsidy programme using the state Oil Fuel Fund on March 31 caused energy authorities to call on the government to change the way it regulates domestic diesel prices.
Panel unfazed by higher diesel cost
Manufacturers are unlikely to increase the prices of goods if the government decides to allow the price of domestic diesel to exceed 30 baht a litre, following the expiry of a subsidy scheme using the Oil Fuel Fund on March 31, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).
Ministry considers health scheme for foreign tourists
Road and water accidents are the leading causes of injuries among foreign travellers, with some rental car shops and tourists deliberately not following the rules.
Ttb's digital platform pivotal to lifting fee income growth
TMBThanachart Bank (ttb) is developing its digital banking platform to cater to commercial customers, with a keen focus on aggressively increasing fee income in this segment this year.
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