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Tourism fuels Thai economy, worries about inflation and conflict

Thailand's economy grew in the second quarter of this year. This is partly due to the tourism sector, which has picked up again after the corona pandemic. However, there are still concerns about the conflicts in Ukraine and Taiwan. Inflation also reached a record...

Thailand catches the wind of tourism profits, but there are some obstacles ahead

The Thai economy likely grew at the fastest pace in a year last quarter, thanks to an increase in tourism as Pandemic restrictions eased, but the high cost of living and a slowdown in China are threatening the outlook, a Reuters poll showed. The growth...

Hyperinflation in Turkey led to higher banking profits

Due to hyperinflation in Turkey, ING has to depreciate heavily on assets in that country. This saves 277 million euros in Net Profit. The bank is still posting a result of almost 1.2 billion euros, according to the presentation of figures for the second...