Deposits
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Agentic Commerce: When AI Shops on Our Behalf
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Social Commerce: The New Wave of E-commerce
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Krungsri Research Digest
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In recent years, artificial intelligence (AI) has evolved at an extraordinary pace. The world was captivated by Generative AI
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Understanding Megatrends: Key Forces Shaping the Future
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Refineries can look forward to an improving business environment over 2024 to 2026. Domestic demand for refinery products will be boosted by an uptick in economic activity, particularly in e-commerce sales and the tourism sector. The industry will also benefit from increasing connectivity in trade and investment across the ASEAN region
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Thai sea freight services are expected to experience steady growth from 2025 to 2027, partly due to Thailand’s expansion into new export markets, the rise of e-commerce, government infrastructure development projects that integrate logistics networks, and the extension of transport links connecting Thailand to neighboring countrie
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Over the period 2022-2024, the road freight transport industry is expected to enjoy growth rates that will average 3-5% per year. The industry will benefit from growth in manufacturing and trade, and from the increase in public-sector spending on infrastructure construction and the likely expansion in agricultural outputs. Beyond this, players will also gain from the ongoing strengthening of border/cross-border trade and the continuing rise in the popularity of e-commerce.
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Over 2024 to 2026, the ethanol industry will enjoy ongoing expansion and improving business conditions thanks to: (i) growth in the tourism industry and an overall strengthening in economic activity; (ii) an increase in the number of vehicles on Thai roads that are able to run on gasohol; (iii) the rising popularity of e-commerce, (iv) government support for biofuels and for increased use of E20 gasohol; and (v) greater demand for ethanol from other industries
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Players can expect to see average annual growth in spending on credit cards that will run to 8.0-9.0% per year over 2024-2026. The market will be boosted by greater spending on domestic and international tourism, continuing growth in e-commerce sales and consumers’ increasing familiarity with the process of making online payments. Nevertheless, the market will also come under pressure from only slow growth in domestic consumer spending power and the declining ability of borrowers to make their debt repayments on schedule
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