What do you use for contraception?

[webfact]

RATINGS UNCHANGED
Ratings on Thailand unchanged after bomb attack
Erich Parpart
The Nation

BANGKOK: -- The bomb attack in Bangkok on Monday night has limited immediate impact on the sovereign credit support for Thailand but downside risks caused by weaker tourism are increasing, said Standard & Poor's Ratings Services.

"Our sovereign credit ratings on Thailand (foreign currency 'BBB+/Stable/A-2'; local currency

'A-/Stable/A-2') are unaffected. Nevertheless, the attack has increased uncertainties over political stability and will put additional pressure on near-term economic prospects," it said in a statement.

It added that weaker tourism trade at least in the next two to three quarters would likely hurt Thailand's economic growth. The explosion could have a longer-lasting impact on visitor numbers compared with previous incidents in the past decade.

S&P expects tourists to be more wary this time as the incident appeared to be aimed at creating casualties in a venue popular with foreign visitors.

The latest official release indicates that Thailand's economic performance remained weak in the first half of 2015 despite a sizeable increase in public spending. A slowdown in the tourism sector would further dampen growth. This would weaken sovereign credit metrics, including economic growth and fiscal indicators, unless an unexpectedly swift improvement in political stability materialises.

Meanwhile yesterday, the Stock Exchange of Thailand's composite index dropped 36.13 points or 2.56 per cent to close 1,372.61 with trade value Bt78.34 billion. This was a rebound from 46.05 points at 4.13pm.

Net sales by foreign investors totalled Bt6.9 billion.

Tim Leelahaphan of Maybank Kim Eng Securities (Thailand) said this "one-off" attack was the deadliest in Bangkok in recent memory but was under control for now, and as long as there was no secondary attack of similar severity, then its impacts on the tourism sector, the baht and the stock market should be minimal.

"The impact on the baht is small and the stock market has already begun to rebound in the afternoon after a more than 40-point drop in the SET Index this morning," he said yesterday.

"The baht weakened to a six-year low against the dollar at 35.541 yesterday morning, after earlier touching Bt35.572. We note that increased tourism and government spending was a major contributor to Thailand's GDP growth in the second quarter, which shows that Thailand's recovery is gaining momentum. But the tourism sector will now be impacted," he added.

Source: http://www.nationmultimedia.com/business/Ratings-on-Thailand-unchanged-after-bomb-attack-30266875.html


-- The Nation 2015-08-19

[HiSoLowSoNoSo]

All about money and greed here, where else would you here similar statements the day after many people lost their lives?

[eliotness]

Too soon to tell. If the worst happens and there are more bombs soon, then there will be an effect, no doubt inflated by the vultures in the Western press. The "failed" bomb at the pier was a lucky escape, if that had caused injuries, or God forbid, more deaths, then there would be a major game change. However, I hoping, praying, that it was a one-off homicidal maniac at the shrine with a cowardly nutter at the pier. Only hope is they are caught soon and no ISIS or whatever lunacy links found.

For such a thing to happen the next day after the whole country had the warm afterglow of "Bike for Mom" is so so so sad.

[ronwparker]

This country amazes me-full of government propaganda trying to cover up a dangerous situation.

I am not at all surprised the Thai media blames foreigners.

Corruption is rife in this country despite what the Ex general says-it is a joke he appointed himself PM-so please only believe what you see youself.