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Thailand unscathed by Western banking turmoil

Most economists from the public and private sectors expect the ongoing US and European banking crisis to have a limited effect on the Thai banking sector thanks to the solid fundamentals of local banks and the strong supervision of the Bank of Thailand. ....

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Fitch Downgrades FNS Holdings to 'B(tha)'; Outlook Stable

Fitch Ratings (Thailand) Limited has downgraded FNS Holdings Public Company Limited’s National Long-Term Rating to ‘B(tha)’, from ‘BBB-(tha)’, and its National Short-Term Rating to ‘B(tha)’, from ‘F3(tha)’. The ratings have been removed from Rating Watch Negative, on which they were placed on 28 December 2021. The Outlook is Stable. The downgrade reflects the sharp deterioration […] ....

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PTT successfully completes Debenture Issuance worth THB 20,000 Million,

Ms. Pannalin Mahawongtikul, Chief Financial Officer, PTT Public Company Limited revealed PTT s success of its senior and ....

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Recovery slowly gaining traction

Fitch Ratings expects Thailand's economic recovery to gain traction in 2022, supported by a significant improvement in Covid-19 vaccination rates, business reopening and a still-supportive global growth environment. ....

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Thailands Recovery to Gain Traction in 2022; Banks, Retail and Hospitality Still Challenged

Fitch Ratings-Bangkok-12 October 2021: Fitch Ratings expects Thailands economic recovery to gain traction in 2022, supported by a significant improvement in Covid-19 vaccination rates, business reopening and a still-supportive global growth environment. ....

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