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Thai companies venture abroad as economy slows

With the kingdom registering growth rates that are lagging peers in South-east Asia, firms such as Siam Cement are looking to expand in Vietnam, Cambodia, Myanmar and Laos

Thai companies benefit from factors such as strong domestic cash flows and access to debt capital at highly attractive terms, says David Aronovitch, Morgan Stanley's co-head of investment banking for South-east Asia.


BOGGED down by policy uncertainty under military rule, companies in Thailand are spreading out.

Thai businesses invested a record US$13 billion abroad in 2016, dwarfing inflows of US$1.6 billion, according to the United Nations Conference on Trade and Development (UNCTAD...

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