Thailand Set to Become First in Southeast Asia to Legalize Same-Sex Unions

In a landmark decision, Thailand's parliament passes a bill paving the way for same-sex marriage, alongside significant business developments in the EV and tech sectors.

• Thailand's Lower House of Parliament passes a historic same-sex marriage Bill, setting the stage for the nation to be the first in Southeast Asia to legalize same-sex unions.
• Chinese EV maker Nio revises its Q1 delivery forecast downwards, citing production challenges.
• Vietnamese EV manufacturer VinFast expands its presence in Thailand by signing partnership agreements with 15 dealers.
• HSBC announces the creation of a $1 billion ASEAN Growth Fund to support digital platform businesses in Southeast Asia.
• SK Hynix anticipates that high-bandwidth memory (HBM) chips will constitute a double-digit percentage of its 2024 DRAM chip sales, highlighting the growing demand for AI chipset components.

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