Thailand News - The Nation: Bank move 'is causing damage to companies'

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The Nation: Bank move 'is causing damage to companies'

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09-01-2007, 00:40

Nicke

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The Nation: Bank move 'is causing damage to companies'

The draconian 30-per-cent withholding measure has already caused damage to listed companies as they face higher costs of funding and a lack of liquidity to expand, which is expected to lead to an economic slowdown.

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