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Bonds gain as fund inflows jump

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Thailand’s five-year bonds rose, driving the yield to a two-week low, and stocks rallied as overseas investors poured funds into the nation’s assets. 

The military government plans new measures to stimulate tourism and will establish special economic zones along the country’s borders, junta leader Prayuth Chan-Ocha said on July 11.

The administration will also follow up on investment projects approved in the past two years, he said. Global funds have purchased a net $1.5 billion of Thai stocks and bonds so far this month, exchange data show.

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