Showing 1 - 10 of 11
Government hunts for revenue as debt mounts
Business, Wichit Chantanusornsiri, Published on 08/12/2025
» The government's growing interest burden has steadily eroded treasury reserves over the past four years, prompting the administration to urgently look for ways to increase revenue before the country's credit rating is adversely affected.
Government upbeat on steady credit rating
Business, Wichit Chantanusornsiri, Published on 25/04/2025
» The government remains confident that credit rating agencies will maintain Thailand's sovereign credit rating at its current level thanks to the strength of Thai financial institutions and the country's ability to retain fiscal discipline after the Covid-19 crisis.
Unpacking the debt-to-GDP ratio
Business, Wichit Chantanusornsiri, Published on 29/03/2025
» The Pheu Thai Party-led government has pursued aggressive fiscal policies, building on the work of the previous administration led by Gen Prayut Chan-o-cha, which navigated the challenges of the Covid-19 pandemic. During Gen Prayut's tenure, two special emergency loan decrees were enacted, resulting in total borrowing of 1.5 trillion baht and prompting an increase in the public debt ceiling from 60% to 70% of GDP.
Thai credit rating set to remain unchanged
Business, Wichit Chantanusornsiri, Published on 23/12/2024
» Moody's is likely to maintain Thailand's sovereign credit rating after two other rating agencies -- Standard & Poor's (S&P) and Fitch Ratings -- maintained the rating with a stable outlook, according to the Public Debt Management Office (PDMO).
Ministry move aims to maintain prices
Business, Wichit Chantanusornsiri, Published on 26/07/2024
» The Finance Ministry looks set to help purchase mangosteens and longans at the beginning of the season, which is expected to run from July to August this year, to help elevate the prices of early-season produce.
Borrowing of B900bn allotted for infrastructure
Business, Wichit Chantanusornsiri, Published on 25/10/2022
» The Public Debt Management Office (PDMO) plans to borrow almost 900 billion baht for the development of new infrastructure in 2023-2027, says director-general Patricia Mongkhonvanit.
TCG to utilise credit scoring
Business, Wichit Chantanusornsiri, Published on 22/08/2022
» Thai Credit Guarantee Corporation (TCG) will apply the credit scoring method to determine the guarantee service fee it will charge customers, said TCG president Sittikorn Direksoonthorn.
Exim Bank assists capital-heavy firms
Business, Wichit Chantanusornsiri, Published on 04/05/2021
» The Export-Import Bank of Thailand (Exim Thailand) vows to offer loans with a special low interest rate and longer grace period to promote Thailand's future industries.
Investment-grade firms avoid BSF
Business, Wichit Chantanusornsiri, Published on 07/07/2020
» None of the companies with investment-grade credit ratings sought financial assistance from the central bank's Corporate Bond Stabilisation Fund (BSF), reflecting they are still able to access funding sources, says the head of the Public Debt Management Office.
SEC mulls alternative bond funding
Business, Wichit Chantanusornsiri, Published on 09/06/2020
» The Securities and Exchange Commission (SEC) has floated an idea to set up a fund to help issuers of non-investment-grade corporate bonds in the pandemic era.