More than a quarter of APAC companies vulnerable if Russia-Ukraine crisis escalates

Over a quarter of rated Asia-Pacific (APAC) companies will be at risk under a downside scenario of a global recession and a more severe liquidity squeeze if the Russia-Ukraine military conflict escalates, according to Moody’s Investors Service in a new report.

Moody’s affirms Thailand’s Baa1 rating and keeps outlook stable

The affirmation of the Baa1 ratings reflects Moody’s expectations that Thailand will continue to display economic resiliency to future shocks, underpinned by its large and diverse economy and strong macroeconomic policy effectiveness.

ASEAN banks face challenges to decarbonize finance

Across the ASEAN region, 15%-30% of banking system loans are to carbon-intensive industries that have high carbon-transition risks such as coal-fired power generation; coal mining; oil and gas

UOB Thailand outlook changed to negative after acquisition of Citi

United Overseas Bank (Thai) Public Co Ltd, headquartered in Bangkok, reported total assets of THB725 billion as of 31 December 2021. The outlook was changed to negative from stable because the acquisition will result in a significant decrease in UOBT’s core capital ratio.

Stable outlook for APAC sovereigns as growth rebounds and debt stabilizes

Economic growth rates in Asia-Pacific are broadly rebounding and debt burdens stabilizing, giving rise to a stable outlook for sovereign creditworthiness in 2022. Still, the pace of recovery differs vastly, and some economies will experience deep economic scarring, according to a new report by Moody’s Investors Service.

Asia’s slow rate of vaccination is a thorn in the region’s economic recovery

Southeast Asia has been hit badly. Daily infections for Indonesia, Thailand, Vietnam are at their worst, on a seven-day moving average. The Philippines and Malaysia are not far off their daily infection peaks reached in the second quarter of 2021.

Moody’s Sets APAC Sovereigns Outlook to Negative for 2020

19 of Moody’s 25 rated APAC sovereigns have stable outlooks, while four have negative outlooks and two have positive outlooks

Aging society and skill shortage key issues in Thailand’s economy

According to Moody’s latest Research Announcement, Thailand will sustain fiscal and external strength regardless of political developments; but structural challenges persist.