Showing 1 - 10 of 405
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.
Thai political turmoil threatens growth, lifts rate cut bets
Published on 02/09/2025
» With Thailand’s major political parties vying to form a new government — which may last only a few months — economists see further risks to economic growth and rising odds of steeper interest rate cuts.
Asian shares dip as Trump-Xi talks yield little news
Business, Published on 07/06/2025
» RECAP: Asian equities edged down yesterday as talks between US President Donald Trump and Chinese President Xi Jinping failed to shed light on the progress of trade negotiations. Weak US economic data also weighed on sentiment.
Brokerages project major SET index swings in June
Nuntawun Polkuamdee, Published on 05/06/2025
» Despite renewed hope for US-China trade negotiations and reduced concerns over Thailand's credit rating, the local stock market is expected to experience notable swings this month as domestic political risks escalate, say analysts.
US fiscal state is everyone's issue
Oped, Published on 28/05/2025
» As Donald Trump's "big, beautiful" tax bill heads to the US Senate, investors everywhere are growing increasingly uneasy. On May 16, the credit-rating agency Moody's downgraded US sovereign debt from its long-held triple-A status to Aa1 -- following similar decisions by Standard & Poor's (in 2011) and Fitch Ratings (2023). Given the sheer volume of US debt -- which now stands at $36 trillion, or 124% of GDP -- and rising interest costs, these institutions have concluded that US debt metrics are no longer in line with those of similarly rated sovereigns.
TRIS Upgrades Tidlor Holdings and NTL to A+/Stable
Published on 27/05/2025
» TRIS Upgrades Tidlor Holdings to “A+/Stable” and NTL from “A” to “A+/Stable”Reflecting the strength of its restructuring into a holding company and its positive impact on funding costs
Thai Union Q1 GPM Hits Record Amid Headwinds
Published on 09/05/2025
» BANGKOK – May 9, 2025 – Thai Union Group PCL reported first-quarter sales of THB 29.8 billion, down 10.3% year-on-year, due to a 6.9% decline in organic sales growth and a 3.4% unfavourable foreign exchange impact. Despite softer demand in Ambient, Frozen, and Value-added categories and the impact of a stronger Thai baht, the Group posted a record-high Q1 gross profit margin (GPM) of 18.8%.
Moody’s sees key risk to Malaysia credit rating from tariffs
Published on 06/05/2025
» Tariff shocks pose a major threat to Malaysia’s sovereign credit rating, given the potential disruption to economic growth and fiscal consolidation, according to Moody’s Investors Service.
Volatility foreseen for Thai bank stocks
Business, Nuntawun Polkuamdee, Published on 06/05/2025
» Analysts are warning that Thai banking stocks could be volatile following the recent policy rate cut by the central bank and a downgrade of the country’s economic outlook by Moody’s.
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.