Thailands credit rating remains BBB+ | Bangkok Post: news

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Thailand’s credit rating unchanged

Standard & Poor's, the US-based leading credit rating agency, has kept Thailand's credit rating for 2013 unchanged at BBB+.

S&P's also rated Thailand with a stable outlook.

S&P's senior director of sovereign ratings Tan Kim Eng said on Thursday that S&P’s decision was based on the fact that Thailand is at risk of having a problem of high public debt in the future, even though it has strong economic fundamentals.

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  • yik

    ThailandPost : 521

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    Discussion 3 : 24 Jan 2013 at 17.443

    'unchanged at BBB+' S&P is pretty 'down to earth', so we have to live with it and try to 'better it' this year ...

  • patchar

    ThailandPost : 409

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    Discussion 2 : 24 Jan 2013 at 17.232

    Adding the fact that Thailand has unstable government because of the protest and rallies happneing everywhere whcih can adversely affect the influx of foreign tourist and eventually hamper the economy as we all know that Thailand's economy depends mostly on tourists. The unabated graft and corrupt practices in all governments officers is making Thai economy sink soon..

  • svenviking

    ThailandPost : 235

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    Discussion 1 : 24 Jan 2013 at 16.341

    They rate the US AA+! Go figure! We need independent ratings from eg Russia and China.

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