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Search Result for “fitch”

Showing 1 - 10 of 20

BUSINESS

Fiscal decline expected to pressure Thailand over the medium term

Business, Wichit Chantanusornsiri, Published on 27/12/2025

» In 2026, the incoming government is likely to face a host of internal and external challenges, with Thailand's fiscal position a longstanding problem that has become more strained amid sluggish economic growth.

BUSINESS

S&P stance backs state policy

Business, Wichit Chantanusornsiri, Published on 15/11/2025

» S&P Global Ratings' affirmation of Thailand's credit rating and outlook underscores confidence in the government's economic policies, which are focused on transparency and strong fiscal discipline, says Finance Minister Ekniti Nitithanprapas.

BUSINESS

Borrowing for fiscal 2026 set at B1.2tn

Business, Wichit Chantanusornsiri, Published on 13/10/2025

» The government plans new borrowing totalling 1.2 trillion baht for fiscal 2026, a slight decrease from 1.22 trillion in fiscal 2025.

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

Medium-term fiscal plan set to be revised

Business, Wichit Chantanusornsiri, Published on 26/09/2025

» The government is preparing to revise the medium-term fiscal plan and set out a fiscal consolidation framework to sustainably reduce the deficit, with the deficit expected to gradually decline after 2026.

BUSINESS

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).

BUSINESS

Less budget borrowing needed

Business, Wichit Chantanusornsiri, Published on 17/08/2024

» The Public Debt Management Office (PDMO) is unlikely to borrow the entire 805 billion baht it is permitted to utilise to offset the budget deficit, as there are sufficient treasury reserves, according to the office's chief.

BUSINESS

Demand high for Exim's 1st Blue Bond

Business, Wichit Chantanusornsiri, Published on 27/07/2024

» The Export-Import Bank of Thailand (Exim Bank) has reported significant success with its first Blue Bond worth 3 billion baht, which saw subscription demand exceeding the amount issued by 2.5 times, reflecting strong demand from institutional and major investors.

BUSINESS

Government bonds deemed suitable

Business, Wichit Chantanusornsiri, Published on 22/09/2023

» The Public Debt Management Office (PDMO) says the issuance of government bonds in fiscal 2024 will be at an appropriate level, according to director-general Patricia Mongkhonvanit.

BUSINESS

Baht all safe and sound

Business, Wichit Chantanusornsiri, Published on 24/04/2023

» While the recent banking debacle in the US and Europe sparked fears about a contagion spreading worldwide, the head of Thailand's Deposit Protection Agency (DPA) said since the agency's establishment in 2008, Thailand has never been close to requiring action to protect deposits.