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Search Result for “moody's credit rating”

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BUSINESS

Moody's upgrades ratings for 7 financial institutions

Business, Somruedi Banchongduang, Published on 24/04/2026

» Moody's Ratings has affirmed the ratings of seven Thai financial institutions and revised their outlooks to stable from negative, following an improvement in Thailand's sovereign outlook.

BUSINESS

Call for more state support for green tourism

Business, Molpasorn Shoowong, Published on 24/04/2026

» Southern tourism operators are calling for more government support and incentives for the green transition, as Phuket recently hosted an international sustainable tourism conference in a bid to create global recognition in this sector.

BUSINESS

Honda to halt South Korea car sales

Reuters, Published on 23/04/2026

» TOKYO - Honda ​Motor said ‌on Thursday it has decided to discontinue its automobile sales operations in South Korea at the year-end, citing changes in the environment surrounding the ​global ⁠and South Korean automobile markets.

BUSINESS

Russian billionaires’ wealth up 11% despite war and sanctions

Reuters, Published on 23/04/2026

» MOSCOW - Russian ⁠billionaires increased ⁠their wealth by ​11% to a record $696.5 billion over the past ​year despite the war ‌in Ukraine and the toughest Western sanctions ever imposed on a major economy, Forbes Russia has reported.

BUSINESS

Platinum Group unveils The Neighbourhood of Platinum, rebranding The Market to PLATINUM POP

Published on 23/04/2026

» The Platinum Group, Thailand’s leading operator of shopping centres, wholesale and retail businesses, hotels and office buildings, has unveiled a major strategic plan to anchor its presence in the high-potential Ratchaprasong – Pratunam – Ratchaprarop district. The initiative aims to create a new landmark under the concept “The Neighbourhood of Platinum”, elevating the area into a central business district (CBD) mega mixed-use ecosystem in the heart of Bangkok. 

BUSINESS

More Return share manipulation case moves forward

Wassayos Ngamkham, Published on 23/04/2026

» Prosecutors have formally recommended the indictment of the former CEO of More Return Plc and two others accused of manipulating trade in MORE shares  the Stock Exchange of Thailand in 2022.

BUSINESS

Investment promotion rethink proposed

Business, Lamonphet Apisitniran, Published on 23/04/2026

» Thailand may need to adjust its investment promotion strategy for targeted industries, particularly data centres, to ensure the country gains maximum benefits, says Industry Minister Varawut Silpa‑archa.

BUSINESS

Thai refineries squeezed by diesel price controls

Business, Published on 23/04/2026

» Thailand's oil refining sector is facing renewed pressure as diesel price controls and rising financial losses threaten to erode profitability, according to a research note by CLSA.

BUSINESS

Thaicom braces for orbital transition

Business, Komsan Tortermvasana, Published on 23/04/2026

» SET-listed satellite operator Thaicom is unlikely to launch the Thaicom 9 satellite according to its original plan this year, as US-based satellite manufacturer Astranis has informed it of a delay in the production process of the satellite set, which includes Thaicom 9.

BUSINESS

The fading of US exceptionalism

Business, Kean Tan, Published on 23/04/2026

» Asset performance in the first quarter of 2026 can be divided into two phases: before and after the onset of the Iran war. Before the war, long-term structural trends were the main drivers of asset class performance. US equities were underperforming the rest of the world, with US hyperscalers leading the relative downward move, weighed down by concerns about the monetisation of their AI infrastructure spending.