Thai Billionaire Now Bets on Lending Growth at Home, Not Abroad

  • Muangthai Capital to focus on farmers, construction workers
  • Thai lender expects 20% profit growth on rebound in demand
Chuchat PetaumpaiPhotographer: Brent Lewin/Bloomberg
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Billionaire Chuchat Petaumpai was mapping out ways to expand his consumer-finance empire beyond Thailand when the coronavirus shattered his international aspirations.