Showing 1 - 8 of 8
Thai banks stay the course
Business, Tris Rating, Published on 12/08/2021
» We maintain our stable outlook on Thai commercial banks, despite the pressure on profitability and asset quality amid the economic headwinds induced by successive outbreaks of Covid-19.
Tough times continue
Business, Tris Rating, Published on 22/07/2021
» Tris Rating has revised its forecast of Thailand's 2021 real gross domestic product (GDP) growth downward to 1.0%, from a February forecast of 2.6%, mainly due to the severity of economic fallout from the third wave of the Covid-19 outbreak.
Hotel outlook remains negative
Business, Tris Rating, Published on 12/05/2021
» Tris Rating maintains a negative outlook for the hotel industry in Thailand, with performance to remain under extreme pressure from the slow recovery of travel and tourism demand.
Property outlook negative
Business, Tris Rating, Published on 09/04/2020
» Tris Rating holds a negative view on the residential property industry in Thailand. Although the Covid-19 pandemic may not directly affect the industry, it is causing severe damage to the overall economy.
Local sugar industry outlook neutral
Business, Tris Rating, Published on 14/11/2019
» Tris Rating maintains a neutral outlook for the sugar industry in Thailand. We believe the sugar oversupply will persist, pressuring prices, but will lessen slightly in the coming year as supplies from major producing countries decline because of dry weather.
Property market faces challenges
Business, Tris Rating, Published on 14/05/2019
» Tris Rating expects demand for housing in Thailand to drop by 10% this year, as negative factors outweigh positive ones. The major negative factors include the new loan-to-value (LTV) rules imposed by the Bank of Thailand, an expected decline in Chinese buyers, and political uncertainty.
Airline sector outlook neutral
Business, Tris Rating, Published on 05/04/2019
» Tris Rating holds a "neutral" outlook for the airline industry. We forecast that the number of air passengers in Thailand could grow by more than 5% per year over the next two to three years.
Construction outlook steady
Business, Tris Rating, Published on 04/01/2019
» The construction market is expected to maintain its growth prospects in the next few years, helped primarily by major public sector infrastructure projects. We believe that private-sector construction work will also increase, helped by the expansion in public infrastructure projects and a recovery in residential property activity.