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news-04102024-045653

Investment commitment by Lighthub and WeLab: A Strategic Partnership

Lighthub Asset and WeLab have come together to form a consortium committed to investing $500 million over five years to secure a virtual banking license from the Bank of Thailand. The consortium believes it...
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Budget Action Urged by Prime Minister

Prime Minister Paetongtarn Shinawatra has called for urgent action on the investment budget for the fiscal year 2025 to boost the economy. During a meeting at the Finance Ministry, she highlighted the need to...
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Forecast: TGIA Predicts Strong Growth for Next Year

Non-Life Insurance Industry Set to Grow in 2025 The Thai General Insurance Association (TGIA) has made a promising forecast for the non-life insurance industry in 2025, predicting a strong growth trajectory despite ongoing economic challenges...
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Bitcoin Price Hits Record $80,000 Amid Optimism Over Trump

Bitcoin reached a new milestone by nearing $80,000 for the first time, driven by President-elect Donald Trump's positive attitude towards digital assets and the potential for a Congress with pro-crypto legislators. The cryptocurrency surged...
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Proposed Interest Suspension for Designated Debtors: A Detailed Analysis

Banks in Thailand have agreed to suspend interest payments on mortgages, auto loans, and small business loans for selected borrowers in order to ease their debt burden during the economic recovery. This initiative is...
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Thai ESG Funds Thrive in 2024: A Look at the Boom

Thai ESG Funds Thrive in 2024: A Look at the BoomThai ESG mutual funds have experienced a significant surge in popularity among investors in 2024, with net assets under management (AUM) for the category...
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Q3 GDP Growth Surpasses Forecasts, Rises 3.0% Year-Over-Year

The Thai economy has shown strong growth in the third quarter, surpassing expectations and indicating positive momentum for the country. Official data revealed that the economy expanded by 3.0% compared to the same period...
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2025 Investment Surge: Trends and Opportunities

**2025 Investment Surge: Trends and Opportunities**Investments in Thailand are on the rise, with a significant surge in applications for investment incentives last year. The Board of Investment (BoI) reported a 35% increase in value...
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CP Axtra Project: Analysts Express Skepticism

CP Axtra Project: Analysts Express SkepticismCP Axtra, a business unit of Charoen Pokphand (CP) Group, has announced plans for a significant investment in a real estate development project called The Happitat at the Forestias...