MPC raised its policy rate to neutral rate of 2.5%  as SCB EIC expected
Press Release

SCB EIC’s Expectation Comes True as MPC Raises Policy Rate to 2.5%, Reaching Neutral Level

The Thai Monetary Policy Committee has raised the policy rate from 2.25% to 2.50% due to the country’s recovering economy, but at a slower pace. Growth is expected to pick up in 2024, and inflation is projected to increase. The committee will monitor government economic policies’ impact on growth and inflation. The overall financial system […]

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Strong Growth Outlook For Indian Transport Infrastructure Industry
Economics Press Release

Indian Transport Infrastructure Industry Experiencing Robust Growth Perspective

India’s transport infrastructure construction industry is predicted to grow by 6.4% annually over the next decade due to government and private investment in roads, rail, ports, and air transport infrastructure. Key View The government has set ambitious targets for the expansion of the transport infrastructure. We forecast that India’s transport infrastructure construction industry will grow […]

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Bangchak and Krungthai Bank to Offer
Press Release

Bangchak and Krungthai Bank Jointly Launch “Bangchak Digital Debenture”

Bangchak and Krungthai Bank are partnering to offer THB 3 billion worth of “Bangchak Digital Debentures” on the Paotang app with a fixed interest rate of 3.45%. Thais can invest with a minimum of THB 10,000. Bangchak Corporation Public Company Limited is partnering with Krungthai Bank to offer a second round of “Bangchak Digital Debentures” […]

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India's Economy Set To Slow
Economics Press Release

India’s Economic Growth Expected to Decelerate

India’s real GDP growth is expected to peak at 7.8% in Q2 2023 before slowing down due to factors such as weak monsoon, tight credit conditions, and sluggish global demand. This is in line with a forecast of 6.3% growth for the whole fiscal year. The Reserve Bank of India predicts a slightly higher growth […]

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Indonesia EV Profile: Extension Of Local Content Exemption For VAT Reductions Bodes Well For EV Adoption
Press Release

Positive Outlook for EV Adoption in Indonesia as Local Content Exemption for VAT Reductions is Extended

Total EV sales in Indonesia are forecasted to increase by 69.1% in 2023, with battery electric vehicles leading the growth. The VAT reduction on EVs will contribute to the demand, but the country’s EV penetration rate is expected to remain low at 1.6% in 2023. Without additional incentives, the penetration rate is projected to reach […]

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Press Release

Free Credit Bonuses Help Build Client Trust on Casinos

The name practically speaks for itself. It is the amount credited to a player’s account, for free. It is one of the privileges awarded to new players upon sign-up and a form of incentive to encourage players to explore what the casino has to offer and of course, build trust. 

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