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Monthly Archives: September 2016

Ryder Cup: Europe cuts US lead

The US made the perfect start in its bid to reclaim the Ryder Cup Friday — but Europe served notice that it will not easily loosen its eight-year stranglehold on international golfing dominance. Source: Sports

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Thailand adamant on rail loan cap

The Public Debt Management Office (PDMO) has capped the interest rate of a planned 170-billion-baht loan from China to finance the Bangkok-Nakhon Ratchasima high-speed train project at 2%, and has threatened to seek domestic funding if China charges a higher rate. Source: Business

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State firms set to spend more

The government is seeking to double investment by state enterprises to 600 billion baht next year in a fresh attempt to jump-start private investment, a key engine of sustainable economic growth. Source: Business

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GI label granted for two products

In a move to upgrade community products, the government has granted geographical indication (GI) registrations to Tak Bai dried salted fish from Narathiwat and Pone Yang Kum beef from Sakon Nakhon. Source: Business

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Alipay, WeChat Pay storm mobile scene

Two Chinese internet giants, Alibaba Group and WeChat, have a lock on Thailand’s mobile third-party payment services for Chinese travellers as they strive to get a bigger slice of a market worth 500 billion baht a year. Source: Business

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THAI launches Bangkok-Tehran

Thai Airways International (THAI)’s inauguration of its Bangkok-Tehran service today is expected to help ramp up passenger traffic between the two countries. Source: Business

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