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Monthly Archives: May 2018

Survey finds 40% of farmers live under poverty line

Some 40% of farming households are living below the poverty line, set at 32,000 baht a year, with the sector’s low income and higher debt a drag on the country’s economic growth, says the Bank of Thailand’s Puey Ungphakorn Institute for Economic Research’s (Pier) in a survey. Source: Business

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Bullish outlook for emergents

Despite a recent sell-off in emerging market equities, a bullish outlook still persists among them because of improving economic growth momentum, handsome profit margins and accommodative monetary policies, says Credit Suisse. Source: Business

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New partnership to promote benefit claims

The Office of the Insurance Commission (OIC) has partnered with the Justice Ministry’s Rights and Liberties Protection Department to promote insurance claims for road accident victims and benefits from compulsory motor insurance. Source: Business

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Moody's: EEC a boon to Thailand

Moody’s Investors Service says the government’s investment flagship Eastern Economic Corridor (EEC) is credit-positive for Thailand, says Warotai Kosolpistkul, fiscal policy adviser to the Fiscal Policy Office (FPO). Source: Business

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Airbnb refuse China buyout offer

BEIJING: Airbnb Inc’s founders were moments away from merging their China business with local competitor Tujia in January 2017. Executives and investors spent hours hashing out a deal. Preliminary term sheets were drawn up. Then in the final hour of negotiations, Airbnb pulled out. Source: Business

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The 6 Tech Unicorns of Southeast Asia

Southeast Asia is currently experiencing a boom in the technology sector that is led by six unicorn startups. Having become giants in a only a few year, these companies are now regional and global leaders in their respective fields: from e-commerce to ride-hailing, from gaming to travel and digital payments. …

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