Rencap credit rating

Foreign tourists are seen through a tuk-tuk's windshield along Khao San Road in Bangkok. (AFP photo) Fitch Ratings has affirmed Thailand's credit rating at "BBB+" with a stable outlook, which is acceptable to the government, says government spokesman Thanakorn Wangboonkongchana. Fitch affirmed Thailand's long-term foreign-currency issuer default rating at "BBB+" with a stable outlook, according to a release on June 21. Thailand's ratings are underpinned by the country's sustained external financial strength and strong macroeconomic policy framework, said Fitch. The ratings reflect weaker structural features relative to its BBB peers, including lower per capita income and World Bank governance scores, said the ratings firm. Moreover, medium-term prospects for growth and fiscal consolidation are constrained by adverse demographic factors and potential scarring from the pandemic. Fitch forecasts Thailand's economy will expand by 3.2% in 2022, up from 1.5% in 2021, bolstered by … [Read more...] about Fitch keeps Thai credit rating BBB+

Recap: Global stocks moved higher on Friday, heading for their first weekly gain in a month after fears of an economic recession, while inflation eased on declines in commodity prices. The SET index moved in a range of 1,549.98 and 1,576.05 points this week before closing yesterday at 1,568.76 points, up 0.6% from the previous week, in daily turnover averaging 62 billion baht. Institutional investors were net buyers of 8.05 billion baht, while retail investors bought 3.37 billion. Foreign investors were net sellers of 11 billion baht. Brokerage firms offloaded 401 million baht worth of shares. Newsmakers: The US economy is strong but faces an "uncertain" global environment and could see further inflation "surprises," Federal Reserve Chair Jerome Powell said Wednesday. A recession in the US is not "inevitable," Treasury Secretary Janet Yellen said Sunday, just days after the US Federal Reserve hiked interest rates, raising fears of an economic contraction. A … [Read more...] about A brief upturn in a punishing month for stocks

Home Four wheelers oi-Athul By Athul Published: Friday, June 24, 2022, 15:55 [IST] Mahindra recently bagged the Safer Choice award from Global-NCAP and the news is spreading like a wildfire in the Indian automotive community. Moreover, the demand for safer cars has been increasing due to increased awareness among new car buyers due to successful campaigning regarding the importance of automobile safety. So, here's the list of the top 5 safest cars that you can buy in India, and it is also worth mentioning that all five cars in this list are manufactured by Indian car manufacturers. Tata Punch Taking the top spot in this list is the Tata Punch. It is a micro-SUV manufactured by Tata Motors and it is currently the safest car in India with 16.45 points out of 17 for adult protection and a 5-Star safety rating from the Global-NCAP. Diving into other details, the micro-SUV also scored 40.89 points out … [Read more...] about Top 5 Safest Cars In India: June 2022

This is a carousel. Use Next and Previous buttons to navigate 47 Eight miles up the Eastex Freeway from downtown Houston, City Acre Brewing lolls amid garden plots and picnic tables beneath spreading, venerable pecans. Inside a red metal shed with roll-up garage doors lurks a classic brewpub, selling beer brewed on the premises to go with a menu geared to match. If last week’s Burger Friday subject — the new beer garden at St. Arnold Brewing Company —was all about a grand new urban space, City Acre is about one of those idiosyncratic, semi-rural pockets that lurk in the Houston landscape. It’s a beer garden writ small and personal. And they make a burger you’ll want to mark off on your … [Read more...] about Burger Friday: City Acre Brewing

Collision over cannabis Anutin: 'Don't politicise ganja' Two of the brightest stars in politics were on a collision course last week, which had observers speculating on the possibility of one plotting to upstage or even undermine the other. The delisting of cannabis as a narcotic has catapulted Anutin Charnvirakul to stardom, not only as public health minister but as leader of second-biggest coalition partner, the Bhumjaithai Party. As public health minister, he has pushed for cannabis to be decriminalised to allow people to capitalise on its medicinal properties and for research purposes. Also, he prides himself as being a leader of a political party able to overcome the unthinkable -- removing cannabis from the narcotics list -- which was adopted as Bhumjaithai's flagship campaign promise and dismissed by most people from the outset as wishful thinking. However, decriminalisation has come with a chorus of warnings from medical professionals about the dangers of … [Read more...] about Collision over cannabis