Deposits
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During 2021-2023, overall revenue of digital services and software industry is forecast to rise at an annual average of 10.5%. The industry will be buoyed by the widespread embrace of private sector’s strategies centered on digital transformation1/ by companies looking to meet consumer’s specific demand. In addition, the emergence of a post-pandemic ‘new normal’ is also likely to result in a greater share of business online transactions. However, new players will be increasingly attracted into the market to develop a range of new platforms, competition will stiffen.
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During 2023-2025, overall revenue to this business has a potential to grow further for every group of segments especially for digital services business that is forecast to be a main driver of overall performance.
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Blockchain Voting: A Better Election System?
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2023 Investment Inducing Growth
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Major central banks are expected to hold rates this week. Moody’s has upgraded Thailand’s rating outlook to Stable.
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Escalating trade wars and political tensions weigh on global economy. In Thailand, risks to economic growth expected to support policy rate cuts.
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IMF sees big challenges for the global economy, shaped by lingering effects of the Russian-Ukraine war, a cost-of-living crisis, and economic slowdown in China
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Global growth is slowing down; IMF slashed global growth outlook amid higher inflation, rising interest rates, Ukraine war, and China’s strict covid policy
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