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Thai banks pivot as fees are regulated

Banks are preparing for a potential decline in fee-based income following the central bank’s move to standardise banking fees, despite strong growth in the first quarter of this year.

Rising oil, power costs weigh on steel

Thailand’s steel and iron industry is reeling from the impact of soaring oil prices triggered by the Middle East conflict, as higher shipping costs for imported iron ore — the key raw material for steelmaking — push production expenses to new heights.