AI In-brief Today 11:10

S&P maintains Thailand’s credit rating at BBB+

S&P Global Ratings affirmed Thailand's BBB+ credit rating with a stable outlook for 2026, signaling confidence in the nation's economic direction.
The agency projects a 2.3% economic growth rate for 2026, with political stability and government fiscal policies expected to cushion external pressures.
Strategic investments in infrastructure projects like the Eastern Economic Corridor and tax incentives for high-tech industries (data centers, AI) are set to boost Thailand's future competitiveness.
Despite forecasts for increased government debt, Thailand is anticipated to maintain a strong external financial position, including a projected current account surplus of 2.1-2.4% of GDP next year.

AI In-brief Today 09:14

Petrol prices cut by 0.70 baht per litre as global market softens

The Fuel Fund Executive Committee (FFEC) implemented a 0.70 baht per litre cut for petrol and premium fuel retail prices, effective immediately.
This reduction is attributed to a softening in global crude oil prices, driven by easing geopolitical tensions and anticipated supply increases from key Gulf nations.
While Gasohol E20's retail price decreased, Gasohol E85 and diesel prices remain unchanged, with subsidies adjusted across various fuel types.
The move aims to alleviate the cost-of-living burden and enhance the Oil Fuel Fund's liquidity, though the FFEC cautions about ongoing market volatility.

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