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Pawn shop lending growth skyrockets

Easy Money, one of the country’s leading pawn shop operators, expects to record its highest loan growth in two decades this year, driven largely by surging gold prices.

Anutin warns against corrupt practices

CHIANG MAI: The government will step up investigations into narcotics and grey-market businesses, warning that all involved, including officials, will face consequences, Prime Minister Anutin Charnvirakul said.

Minister vows VAT increases

The Finance Ministry plans to gradually raise the value-added tax (VAT) rate by an additional 1.5 percentage points to 8.5% by 2028, Finance Minister Ekniti Nitithanprapas said on Thursday.

Analysts forecast rate cut in December

Analysts increasingly expect the Bank of Thailand to cut the policy interest rate at its meeting next month after GDP growth fell to the weakest pace in four years in the third quarter amid weakening domestic demand, slower public investment and a tourism slump.