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Households struggle with record debt as income dwindles
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Thai households struggle with record debt, COVID-19 increases burden
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SCB has continued to increase its loan portfolio of Chinese businesses investing in Thailand.
China s foreign direct investment (FDI) in Thailand is expected to increase significantly over the next few years as Chinese investors are planning to expand their local footprint, says a survey by Siam Commercial Bank (SCB).
But Thailand needs to improve competitiveness and productivity to attract FDI, said the bank s economic intelligence unit.
The survey is based on responses from 170 Chinese investors who are involved with FDI-related businesses.
Some 61% of respondents are Chinese investors investing and doing business in Thailand, said Manop Sangiambut, chief financial officer and first executive vice-president.
Seizing opportunities in crisis
The stock crash still saw some nimble investors recover, write Darana Chudasri, Nuntawun Polkuamdee and Somruedi Banchongduang
published : 29 Dec 2020 at 04:02
5 2020 marks one of the most volatile years in stock history as the pandemic led to global economic uncertainty. Thanarak Khunton
This year saw an unexpected stock market crash followed by predictable trends that allowed savvy investors to make back their investments by betting on technology, healthcare and the timeline of a new vaccine.
Markets saw massive trading volume around the world as those with money sought to find the best yield amid a pandemic, even as the global economy shut down at times.