Showing 1 - 10 of 31
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.
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.
Office outlines expected goals for revised fiscal framework
Business, Wichit Chantanusornsiri, Published on 03/11/2025
» The revised medium-term fiscal framework should focus on strengthening revenue generation and rationalising government expenditure to reinforce fiscal credibility with ratings agencies, says the chief of the Fiscal Policy Office (FPO).
PM's 'nightmare' is Vietnam surge
Business, Wichit Chantanusornsiri, Published on 09/10/2025
» Prime Minister Anutin Charnvirakul says it is a "nightmare" to see Thailand's economy lagging behind Vietnam.
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.
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.
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).
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).
S&P: Thai credit rating still BBB+
Business, Wichit Chantanusornsiri, Published on 13/12/2024
» S&P Global Ratings has maintained Thailand's credit rating at BBB+ and expects the Thai economy to grow by 2.8% this year and 3.1% next year.
Agency undaunted by Thailand's public debt level
Business, Wichit Chantanusornsiri, Published on 28/10/2024
» The government's level of public debt is not yet a concern compared with countries that have a similar credit rating to Thailand, according to the Public Debt Management Office (PDMO).