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Search Result for “downgrade”

Showing 1 - 10 of 1,178

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MOTORING

Motorcycle output downgrade mulled

Business, Lamonphet Apisitniran, Published on 02/05/2025

» The Federation of Thai Industries (FTI) is considering downgrading Thailand's motorcycle manufacturing target, even though total production increased during the first quarter of this year.

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THAILAND

Moody's cuts outlook for banks

News, Somruedi Banchongduang, Published on 02/05/2025

» Moody's Ratings (Moody's) yesterday changed the outlook of seven Thai financial institutions to negative from stable.

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GENERAL

Chamber views downgrade as a warning

Business, Phusadee Arunmas, Published on 01/05/2025

» The Thai Chamber of Commerce sees Moody's downgrade of Thailand's credit outlook as a critical policy warning.

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GENERAL

Moody's downgrade sends a signal

Business, Published on 01/05/2025

» Thailand must accelerate its economic growth potential to 3-4% to avoid a downgrade in its sovereign credit rating, say analysts.

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GENERAL

Minimal impact from Moody's revision foreseen

Business, Wichit Chantanusornsiri, Published on 01/05/2025

» Moody's downgrade of Thailand's outlook from stable to negative is unlikely to affect the country's financial or capital markets, says the chief of the Public Debt Management Office (PDMO).

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GENERAL

Bank of Thailand cuts rate as tariff ‘storm’ darkens outlook

Published on 30/04/2025

» The Bank of Thailand cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday, in a move to support an underperforming economy facing uncertainty over steep US tariffs.

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GENERAL

Thailand says Moody's acted too soon in downgrading ratings outlook

Reuters, Published on 30/04/2025

» The decision by ratings agency Moody's to downgrade Thailand's outlook was premature as trade talks with the United States have not concluded, the government said on Wednesday.

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MOTORING

Thai auto output to dip below 1.4m

Business, Lamonphet Apisitniran, Published on 30/04/2025

» Thailand's total car manufacturing this year is likely to fall short of the industry's initial target of 1.5 million units due to the impact of Washington's tariff policy, says the Federation of Thai Industries (FTI).

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INVESTMENT

Pundits warn of earnings downturn amid trade war

Business, Nuntawun Polkuamdee, Published on 28/04/2025

» The first-quarter net profits of listed Thai companies are projected to decline 13% year-on-year, but grow 16% quarter-on-quarter, according to analysts who warn an earnings downgrade is on the horizon given the trade war.

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GENERAL

Thailand faces lower tourist numbers

Published on 21/04/2025

» The Tourism and Sports Ministry has instructed the Tourism Authority of Thailand (TAT) to overhaul the 2025 tourism marketing plan, which could downgrade foreign receipts from 2.3 trillion to 2 trillion baht, to cope with the weak Asian market that dropped 17% in the first quarter.