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THAILAND LIVE Thailand Live Wednesday 4 June 2025
Thailand's Economic Strategy Earns Confidence from S&P Global Ratings File photo for reference only The Thai government has welcomed the affirmation of its credit rating by S&P Global Ratings, which upheld Thailand's BBB+ rating with a stable outlook. This affirmation signals investor confidence in Thailand's economic management, according to a statement from government spokesman Jirayu Houngsub. Full Story: https://aseannow.com/topic/1362669-thailands-economic-strategy-earns-confidence-from-sp-global-ratings/ -
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Economy Thailand's Economic Strategy Earns Confidence from S&P Global Ratings
File photo for reference only The Thai government has welcomed the affirmation of its credit rating by S&P Global Ratings, which upheld Thailand's BBB+ rating with a stable outlook. This affirmation signals investor confidence in Thailand's economic management, according to a statement from government spokesman Jirayu Houngsub. S&P's forecast predicts Thailand's GDP growth will be 2.3% in 2025 and 2.6% in 2026, rising to an average of 2.8% per year from 2025 to 2028. While external risks such as US trade tariffs pose challenges, S&P also notes an expected rise in per capita income from US$7,500 to US$8,100 this year, aided by a stronger baht. The government's strategic investments, including the Eastern Economic Corridor and enhanced transport infrastructure, along with its support for public-private partnerships, were highlighted by S&P as crucial to enhancing Thailand's long-term competitiveness. The report also lauded Thailand's robust financial standing and substantial foreign exchange reserves as bolstering its economic stability. Government spokesman Mr Jirayu reiterated the administration's commitment to transitioning the economy towards a more modernised and resilient model, emphasising fiscal discipline and fostering investment. Prime Minister Paetongtarn Shinawatra has tasked relevant agencies with tackling issues like household debt, income inequality, and rising living costs to stimulate economic growth. The government’s economic stimulus plan is structured around four key "engines": boosting private consumption, increasing exports, and enhancing both public and private investments. Mr Jirayu underscored that these initiatives have been key in maintaining investor confidence, as reflected by S&P's rating. In the previous December assessment, S&P maintained Thailand's BBB+ rating, anticipating growth driven by a recovery in the tourism sector and a series of stimulus measures despite the modest 1.9% growth in 2023. With current projections and strategic economic reforms, Thailand aims to prepare effectively for future global challenges. Adapted by ASEAN Now from Bangkok Post 2025-06-04 -
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The Boy Who Cried Wolf aka TACO
No, not at all ...just keeping you informed how much of a useless and feckless existence you biden luvin democrats have since you are too stupid to know whats good for the country based on one thing, hatred for the MAGA movement that makes success and WINNING look so easy compared to the retarded folks claiming allegiance to biden and the democrats. I tried to keep it simple for you to understand buy if u r feeling confused and lost, which is normal for you folks I have attached a coupon for a free google search ( u can ask for assistance /instructions for use on this forum) to assist u with any further daft woke liberal style queries you have. LOL.... -
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What are my chances?
All 11-7 Staff has just part-time contracts, less than 80%. So the poor owner has not pay into a pension or security fund. This i was told some years ago from staff -
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Report Young British Mum Detained in Germany for Cannabis Smuggling
Not just any sort of "young British women" though. It seems that being English and having tattooed eyebrows and trout lips, are dead giveaways when airport authorities are playing 'spot the mule.' Maybe the mule packers need to choose another type? -
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Putler images banned
Only 155? Where did you get that number from? The United Nations has a current membership of 193 member states and two permanent non-member observer states (Palestine and Vatican City/Holy See).
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