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April consumer mood hit record low

Consumer confidence hit a record low in April, dented by a new wave of COVID-19 infections, which could cost the economy as much as 600 billion baht if it cannot be contained this month, the University of the Thai Chamber of Commerce (UTTC) said on Thursday. Source: Business

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Big Pharma, Big Heart

Recognised as a “HR Asia’s Best Companies to Work for 2020” by HR Asia, biopharmaceutical company Takeda Thailand has garnered a respected reputation for its company culture and management style, complemented with Takeda’s global standing as one of the top 10 biopharmaceutical companies in the world. Source: Business

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Court accepts BTS suit against MRTA

The Criminal Court for Corruption and Misconduct Cases on Wednesday accepted a lawsuit filed by BTS Group Holdings against the governor of the Mass Rapid Transit Authority of Thailand (MRTA) for “illegally” amending the bidding terms and cancelling bidding for the construction of the western extension of the Orange Line. …

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BoT slashes its GDP forecast again

The Bank of Thailand (BoT) slashed Thailand’s economic growth forecast for 2021 on Wednesday for the second time this year to 1-2%, largely depending on the procurement and distribution of Covid-19 vaccines. Source: Business

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