Thailand’s economic recovery may be hindered by a global slowdown, and the government’s economic stimulus policies could lead to higher government debt, according to Fitch Ratings analysts.
Thai capital market to cooperate against investment fraud
The Stock Exchange of Thailand and various entities in the capital market sector have formed a collaborative initiative to fight against investment fraud
Fitch Affirms Thailand at ‘BBB+’ with Stable Outlook
The rating takes into account Thailand’s strong external finances and sound macroeconomic policy framework, but also considers weaker structural features and political uncertainty.
Thai Industries Sentiment Index drops for two consecutive months in May
The Federation of Thai Industries (FTI) Chairman attributed the decline to global economic uncertainties, high production costs, policy interest rate rises, and concerns over the new government
The country, which is the second-largest exporter of rice in the world, has asked its farmers to plant only one crop this year, instead of the usual two, to conserve water and avoid crop failure.
