1. BKI: cut EV insurance in portfolio due to heft costs on claims, mulls hike premium by 5-10% to increase buffer.
2. Jul tourist arrivals +13.2% mom, and 24.6% yoy to 3.1m, from China +30.3% mom to 688,248, M’sia +1% to 427,863, India -19.7% to 158,676. 7M24 rose 33.3% yoy to 20.6m, Tourism Min.
3. BOI gave greenlight to Western Digital Storage Tech (TH) to expand its hard disk drive and related investment worth Bt23.5b at Bang Pa-in industrial estate and 304 industrial park in Prachinburi.
4. MOF mulls offering Vayupak state fund to public later Sep or early Oct, t/g fund size around Bt100b-Bt150b, guarantee min returns & cap max.
5. Exports rose the most in more than 2 years in Jul, +15.2% yoy vs +6.95% estimate, the biggest pace since Mar 2022, to $25.7b.
6. Budget Bureau confirmed that unless the Bt10,000 digital wallet scheme is implemented by next month, the project will be put on hold until the next fiscal year.
7. Government revenue collection in 10M24 fiscal year fell 1.1% short of the target, totals Bt2.2trnl. 
8. Nippon Steel units seeking BoI support: Firms want state to solve dumping issue. Thai steel manufacturers G Steel and GJ Steel are seeking investment incentives from the Board of Investment (BoI) to support a development worth 4.5 billion baht that aims to address the pressing challenges faced in the local steel market while producing fewer carbon dioxide emissions. Bangkok Post
9. Car sales fall 20.5% in July amid debt, growth worries: Domestic car sales remained sluggish in July with a year-on-year drop of 20.5%, attributed to high levels of household debt and slow economic growth, says the Federation of Thai Industries (FTI). Bangkok Post
10. Homeowners scramble to pay mortgages as loan levels rise: Lower-income homebuyers have struggled to repay mortgages following an uptick in interest rates, leading to a significant increase in housing non-performing loans (NPLs) during the second quarter of this year. Bangkok Post

Bonus 5:

1. Thai exports in July grew by 15.2%, the highest rate in 28 months, as inflation eased in several trading partners.: Mr Poonpong said exports are expected to rise by 1-2% in 2024. Exports in July expanded by 15.2%, the highest growth rate in 28 months, as inflation eased and the purchasing power of trading partners rose. Poonpong Naiyanapakorn, directorgeneral of the Trade Policy and Strategy Office (TPSO), said exports in July increased by 15.2% to US$25.7 billion (938 billion baht), driven by cooling global inflation, which significantly increased consumer purchasing power. Bangkok Post
2. Household debt slows in first quarter: Household debt reached 16.3 trillion baht in the first quarter of 2024. Household debt growth slowed in the first quarter of 2024, partly due to financial institutions tightening their loan extension criteria, according to the National Economic and Social Development Council (NESDC). Danucha Pichayanan, the NESDC secretary-general, said household debt reached 16.3 trillion baht in the first quarter of 2024, representing a 2.5% growth, which eased from the 3% growth recorded in the previous quarter. This amounted to 90.8% of GDP, down from 91.4% in the previous quarter. Bangkok Post
3. Listed firms profits up 9.7% in H1: Sales expand 6.3% during same period. Profits of listed firms on the Stock Exchange of Thailand surged 9.7% year-on-year in the first half of 2024 to 519 billion baht. Net profits of listed companies on the Stock Exchange of Thailand surged 9.7% year-on-year in the first half of 2024 to 519 billion baht as sales grew 6.3% over the period to 8.96 trillion baht, buoyed by a significant recovery in tourism and rising oil prices. Bangkok Post
4. MoF looks set to reduce personal income tax and corporate income tax rates as part of its financial hub initiative to attract foreign investment, said deputy Finance Minister.
5. Transport Ministry mulls proposing 14 mega projects total Bt798b to cabinet after government is formed.