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KfW baht bonds

German development bank Kreditanstalt fuer Wiederaufbau (KfW) plans to offer Bt4 billion worth of three-year baht-denominated bonds to institutional investors in Thailand.



The bonds will carry a fixed coupon rate that has yet to be determined.

The Bangkok branch of Deutsche Bank will act as manager for the deal.

Oil-vapour control

The Energy Business Department has imposed a measure forcing oil retailers in 23 districts of Bangkok to install oil-vapour control equipment.

The measure will take effect within two years.

Districts covered include Klong Toei, Sathorn, Bang Sue, Bang Rak, Pathum Wan, Phya Thai, Chatuchak, Bangkok Yai, Bangkok Noi, Phra Nakhon, Yan Nawa and Watthana.


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