S&P keeps Thailand's credit rating at BBB+

[webfact]

S&P keeps Thailand's credit rating at BBB+

BANGKOK, 1 October 2015 (NNT) – Ratings firm Standard & Poor's has kept its credit rating for Thailand unchanged at BBB+.

In reaching the decision to maintain the rating, S&P explained that it saw an improvement in Thailand's political situation.

It noted that it will continue to monitor the continuity of the Thai government's policy implementation in the aspects of infrastructure investment and education investment.

S&P indicated that continuous decline in exports, owing to the Chinese economy's slowdown, was not limited to Thailand but was rather being experienced by all countries in the region.

The ratings company suggested that in order to maintain its competitiveness, Thailand should increase research and development into high-value products.

-- NNT 2015-10-01

[peterjackson]

QUOTE : In reaching the decision to maintain the rating, S&P explained that it saw an improvement in Thailand's political situation.

What have they been drinking at the S & P.

I'd like them to explain that statement. Maybe a Single Internet Gateway is an improvement to them?

[kotsak]

QUOTE : In reaching the decision to maintain the rating, S&P explained that it saw an improvement in Thailand's political situation.

What have they been drinking at the S & P.

I'd like them to explain that statement. Maybe a Single Internet Gateway is an improvement to them?

I heard this on the radio while in the car and I went whatdafuq.. "improvement in Thailand's political situation"?!

[Srikcir]

The unchanged rating is a false.

On 2014-12-19 S&P affirmed a BBB+ rating based on "Thailand’s strong external balance sheet and liquidity, a modest level of government debt, and a history of effective monetary and fiscal policies"

S&P further stated, "We may also lower the ratings if the country’s fiscal or economic indicators weaken significantly,”

Credit ratings tend to lag actual economic events and minimize speculation on future adverse events. As such ratings are conservative in nature and not subject to quick fluctuations. Thailand has since its last S&P ratings experienced massive economic disruption for a whole catalogue of reasons and unlikely to stabilize through 2016.

A more realistic rating would be BB.

[hugh2121]

The unchanged rating is a false.

On 2014-12-19 S&P affirmed a BBB+ rating based on "Thailand’s strong external balance sheet and liquidity, a modest level of government debt, and a history of effective monetary and fiscal policies"

S&P further stated, "We may also lower the ratings if the country’s fiscal or economic indicators weaken significantly,”

Credit ratings tend to lag actual economic events and minimize speculation on future adverse events. As such ratings are conservative in nature and not subject to quick fluctuations. Thailand has since its last S&P ratings experienced massive economic disruption for a whole catalogue of reasons and unlikely to stabilize through 2016.

A more realistic rating would be BB.

Don't understand why you can't use the internationally accepted DD/MM/YYYY.