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Search Result for “downgrade”

Showing 1 - 10 of 18

BUSINESS

Ekniti says fiscal position able to weather crisis

Business, Wichit Chantanusornsiri, Published on 02/04/2026

» The government's fiscal position remains strong and is sufficient to withstand shocks from an economic crisis, according to Finance Minister Ekniti Nitithanprapas.

BUSINESS

Analyst urges narrower interest rate spread

Business, Wichit Chantanusornsiri, Published on 29/09/2025

» The new governor of the Bank of Thailand is being urged to prioritise narrowing the spread between lending and deposit interest rates, which is the highest in Southeast Asia, while also managing the baht to align with regional currencies.

BUSINESS

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.

BUSINESS

Digital handout on hold

News, Wichit Chantanusornsiri, Published on 20/05/2025

» The government has postponed the third phase of the 10,000-baht handout programme to instead spend the funds on solving structural issues and investing in infrastructure projects, insisting the project is not scrapped but only delayed.

BUSINESS

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).

BUSINESS

Finance minister dismisses fears of Thai credit downgrade

Wichit Chantanusornsiri, Published on 22/10/2024

» Finance Minister Pichai Chunhavajira on Tuesday expressed optimism that Thailand would not face a credit rating downgrade, saying the kingdom still has strong potential for ongoing economic growth.

BUSINESS

Ministry readies debt restructuring measures

Business, Wichit Chantanusornsiri, Published on 29/05/2024

» The Finance Ministry looks set to implement debt restructuring measures for individuals to help increase their disposable income.

BUSINESS

Interest burden hovers over digital wallet

Business, Wichit Chantanusornsiri, Published on 06/05/2024

» The ratio of interest burden to estimated government revenue is projected to increase to 11% next year from 8% in 2024, should the government proceed with its flagship digital wallet handout.

BUSINESS

Advisor insists public debt still at reasonable level

Business, Wichit Chantanusornsiri, Published on 09/03/2024

» Despite an increase in public debt during the pandemic, the Public Debt Management Office (PDMO) insists the level remains manageable.

BUSINESS

Office nudges down growth forecast this year

Business, Wichit Chantanusornsiri, Published on 29/10/2022

» The Fiscal Policy Office (FPO) has downgraded its 2022 Thai economic growth forecast to 3.4% from the 3.5% projection it made in July.