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Debt hike a ‘last resort’

Raising the public debt ceiling or issuing emergency borrowing decrees will be considered as a “last resort”, only if global volatility persists and domestic fiscal resources prove insufficient, Finance Minister Ekniti Nitithanprapas says.

Thai EV sales set to be boosted by trade-in incentive

The Thai automotive industry is expected to benefit from the government’s proposed car trade-in policy, which Omoda & Jaecoo (Thailand) says will stimulate sales, strengthen supply chains, and accelerate the country’s push towards carbon neutrality.