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Search Result for “downgrade”

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GENERAL

Economic challenges for the new regime

Business, Published on 27/09/2025

» The Thai economy appears to be showing signs of life amid optimism about the new government and its economic team, but it also faces new challenges. The outcome will depend on how these emerging challenges are managed.

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GENERAL

Finance ministry pursuing better stability

Wichit Chantanusornsiri, Published on 26/09/2025

» The Ministry of Finance vows to lay the groundwork for fiscal consolidation to strengthen financial stability during the four-month tenure of the new government, says Vorapak Tanyawong, the new deputy minister.

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GENERAL

PM Anutin vows prudence to avoid rating cut

Published on 25/09/2025

» Prime Minister Anutin Charnvirakul says he will look to build confidence in Thailand’s economy following an outlook downgrade by Fitch Ratings.

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GENERAL

Car production set to hit 2025 forecast

Business, Lamonphet Apisitniran, Published on 24/09/2025

» The Federation of Thai Industries (FTI) has maintained its car manufacturing target for 2025 amid fresh hopes for improving consumer purchasing power and a better economy based on the new government's policies.

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GENERAL

Hope for more rate cuts buoy Asian shares

Business, Published on 20/09/2025

» RECAP: Asian shares were headed for weekly gains on Friday on hopes of further interest rate cuts around the world, though the Nikkei retreated from record highs after the Bank of Japan said it would start to offload some of its massive equity fund holdings.

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GENERAL

Gold and baht causing headaches for central bank

Somruedi Banchongduang, Published on 16/09/2025

» The increase in errors and omissions in Thailand’s balance of payments may be linked to gold trading and the baht’s appreciation against the US dollar, says the head of the Bank of Thailand.

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GENERAL

Fears over sovereign rating revision

Business, Somruedi Banchongduang, Published on 05/09/2025

» Bankers are increasingly concerned about a potential downgrade of the country's sovereign credit rating in the near future due to weakening tax revenues and rising public debt.

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GENERAL

Surveying the wreckage

Business, Published on 30/08/2025

» Some pundits see warning signs for Thai economic prospects following the Constitutional Court's ruling that dismissed Prime Minister Paetongtarn Shinawatra from office for violating ethical standards in a leaked call with former Cambodian leader Hun Sen about a border dispute.

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GENERAL

Fitch: Bad loans expected to pressure large Thai banks

Business, Somruedi Banchongduang, Published on 27/08/2025

» Thailand's six major banks are likely to face rising asset risks over the next several years, pressured by a continued increase in impaired loans, according to Fitch Ratings Thailand.

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GENERAL

Traders on sidelines awaiting Fed signals

Business, Published on 23/08/2025

» RECAP: Asian equities traded in a narrow range ahead on Friday as investors awaited a key speech from US Federal Reserve chairman Jerome Powell that could shed light on the direction of monetary policy. Many traders are scaling back bets on an imminent US interest-rate cut.