Rumors, Drama in Thailand Inc

In April 2013, an investment company, Moody’s Investors Service said — in a credit analysis on Thailand — that a high degree of government financial strength, moderate levels of economic and institutional strength. In terms of economic strength, Thailand recorded nominal GDP of USD366 billion in 2012, making it the 29th largest economy in Moody’s rated universe, the ninth-largest among Baa-rated sovereigns, and the second largest in ASEAN, after Indonesia.

The research-based analytical company also cited the Government’s high financial strength is primarily derived from a relatively low government debt burden that is amply financed by deep onshore capital markets.

Read on at: iReport CNN.

 

 

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