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Posted on October 22, 2020

Deal with Thailand’s Krungsri raises P1.53B for Security Bank

Lender Security Bank has generated P1.53 billion from the sale of a 50-percent stake in consumer finance arm, SB Finance Co., to Bank of Ayudhya or the Krungsri group of Thailand. But beyond the …

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Posted on October 22, 2020

Thailand protest: Why young activists are embracing Hong Kong’s tactics

From helmets and gas masks to flashmobs and hand signals, Thailand’s student-led movement is drawing on the experience of Hong Kong’s young activists in its own fight for change. Here are three echoes …

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Posted on October 21, 2020

Vacationers on cruise ships will be allowed to disembark in Thailand, CCSA says

The Centre for Covid-19 Situation Administration (CCSA) on Wednesday resolved to allow foreigners to disembark luxury cruise liners that drop anchor in Thailand, the centre’s spokesman Dr Taweesin …

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Posted on October 21, 2020

The protests in Thailand are making history

A public statement of this magnitude questioning the monarchy had not been heard in Thailand since the 1930s, when a group of young bureaucrats, who the young protesters today see as an inspiration, …

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Posted on October 21, 2020

Rival rallies in Thailand as court U-turns on media shutdown

Thousands of rival demonstrators gathered across protest-hit Thailand on Wednesday, after a court overturned a ruling to shut down media seen as critical of the government.

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Posted on October 21, 2020

Bangkok protests continue apace — is Thailand the next Hong Kong?

There are strong similarities between the Thai and Hong Kong protests, and not just with youth borrowing tactics from the city-state’s protest movement.

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Posted on October 21, 2020

Political and Pandemic Turmoil Make for a Noxious Economic Mix in Thailand

Protests in the capital compound economic strain that emerged even before the pandemic devastated the tourism industry.

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Posted on October 21, 2020

Bank of Thailand: five big challenges in resolving the economic crisis

According to the Bank of Thailand, financial stability of the country is sound while external stability remains strong, with low and manageable levels of public debt, and a flexible labor market.

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Posted on October 21, 2020

Bank of Thailand: five big challenges in resolving the economic crisis

According to the Bank of Thailand, financial stability of the country is sound while external stability remains strong, with low and manageable levels of public debt, and a flexible labor market.

( read original story …)



Posted on October 21, 2020

Krungsri completes 50% stake acquisition in SB Finance Company in the Philippines

Krungsri (Bank of Ayudhya PCL) and Security Bank Corporation (SBC), one of the leading banks in the Philippines, announced today that, having obtained all necessary regulatory approvals in Thailand …

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