Chamber views downgrade as a warning

Quick Summary:

The Thai Chamber of Commerce sees Moody's downgrade of Thailand's credit outlook as a critical policy warning.

The move highlights the urgent need for the country to adopt prudent, transparent, and objective-driven management practices to ensure sustainable development, said Poj Aramwattananont, chairman of the chamber.

Moody's noted some factors for the downgrade: a lack of clear fiscal discipline, challenges in managing public debt, and uncertainties concerning the government's ability to generate revenue.

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Article Details

Category: EconomyBusiness

Markets: ThailandIndia

Topics: Country Investor Private Chamber Credit Global Markets Confidence Thailand Moody Economic

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 05:15:00 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 438 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 28304153

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 18 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 2 hours ago

Coverage Areas: Thailand

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Publisher ID: #66

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