Credit Thailand Latest Information

Credit Thailand Latest Information

What bling-loving Buddhist monks reveal about Thailand’s economy
Apparently, there’s an unlikely suitor of global luxury goods: Buddhist monks. A YouTube video showing Buddhist monks sporting aviator specs on a private jet has offended the sensibilities of the world’s ...

Thailand's boom: To the northeast, the spoils
By Paul Carsten and Pairat Temphairojana UDON THANI, Thailand (Reuters) - Steel girders jut from the low skyline of the Thai city of Udon Thani near the Laos border as workers lay cement for a new shopping ...

Faithful in Thailand moved by Popes words on Corpus Christi
Bishop Silvio Siripong Chartsri of Chantaburi, Thailand leads Eucharistic procession on Corpus Christi, June 2 2013. Credit: Antonio Anup ...

Fueled by cheap credit, two Thai tycoons spend $27 billion on acquisitions
A flood of cheap credit is shaking the foundations of Thailand’s roaring economy. One telling sign: two Thai billionaires have spent $27 billion on mostly overseas acquisitions over the past year, more ...

Thailand's "Isaan" is new boom town
Steel girders jut from the low skyline of the Thai city of Udon Thani near the Laos border as workers lay cement for a new shopping mall, one of many illustrating a boom in the Thai economy beyond the bright lights of Bangkok.

LATEST NEWS:
Moody's Investors Service has threatened to issue a negative outlook for Thailand's credit rating, which is now assigned a "Baa1" rating.

A.M. Best Downgrades Ratings of Asian Reinsurance Corporation
A.M. Best Asia-Pacific Limited has downgraded the financial strength rating to B- from B and issuer credit rating to “bb-” from “bb” of Asian Reinsurance Corporation .

Bad credit rating or not, the outlook doesn't look good
Moody's Investors Service has threatened to issue a negative outlook for Thailand's credit rating, which is now assigned a "Baa1" rating. It is also reviewing risks associated with the sub-debt of the .....

BoT signals a pause after cut
The Bank of Thailand says it will maintain balance on growth and financial stability risks, implying that it could stand pat at the upcoming policy rate call on July 10 after a 25-basis-point cut for the first time this year at the May 29 meeting.

Weather Forecasts Go Mobile in Thailand
Jasmine rice farmer Eiem Sompeng shows a weather forecast text message he received on his mobile phone. Credit: Marwaan Macan-Markar/IPS The brief, 18-word message alerted the 68-year-old farmer to unexpected showers across parts of Yasorthorn, one of the poorest provinces in Thailand's northeastern rice bowl, including his own village of 190 families. Accustomed by now to these weekly ...

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