Article & Research 07-05-2020 AVIATION INDUSTRY The coronavirus (COVID-19) pandemic, occurring since November 2019 until now, has caused a severe shock to the global aviation industry. 31-03-2020 HOMEBUILDERS AND REAL ESTATE DEVELOPERS TRIS Rating holds a “negative” view on the residential property industry. 30-03-2020 FINANCIAL INSTITUTIONS The Coronavirus (COVID-19) pandemic has caused severe economic and social impacts globally. 04-02-2020 VIETNAM IN FOCUS In the decade following the Global Financial Crisis, Vietnam has emerged as a rising star among emerging market economies – another ‘Asian Miracle’ success story. 22-01-2020 POWER INDUSTRY TRIS Rating expects the power sector to experience continuing long-term growth of demand for electricity, particularly with respect to economic growth, increased urbanization, and digitalization. 19-12-2019 NATURAL RUBBER PROCESSOR INDUSTRY TRIS Rating holds a “negative” outlook for natural rubber (NR) processor industry in Thailand during 2019-2020. 01-11-2019 SUGAR INDUSTRY TRIS Rating holds a neutral outlook for the sugar industry in Thailand. 08-08-2019 HOTEL INDUSTRY TRIS Rating holds a neutral outlook for the hotel industry. Tourist arrivals had been growing rapidly but are growing at a slower pace this year. 23-04-2019 PROPERTY INDUSTRY TRIS Rating expects the demand for housing to drop by 10% this year. 28-03-2019 AIRLINE INDUSTRY TRIS Rating holds a “neutral” outlook for the airline industry. BACK TO TOP ◂ 1...678910...15 ▸ Browse Name Rating Sector Rating Date Subsector Outlook Credit Alert Rating Type Articles & Research Natural Rubber Processors: Challenging outlook The Thai natural rubber (NR) industry is facing a challenging outlook in 2025, shaped by shifting US trade policies, market uncertainties, and persistent supply-demand imbalances. Articles & Research US Tariff Pressures Deepen Economic Challenges for Thai Economy The potential hike in US tariffs on goods imports from Thailand is expected to have a limited direct impact on rated issuers, with fewer than 5% exposed to the affected product categories. Nonetheless, the broader economic context —marked by subdued domestic consumption, sluggish private investment, and weaker external sentiment —continues to weigh heavily on credit quality, especially over the short to medium term. Articles & Research Engineering and Construction: Public Projects Provide Growth Impetus Amid Private Project Slowdown TRIS Rating projects a “neutral to negative” credit outlook for Thailand’s engineering and construction industry in 2025, with limited market growth. Public-sector projects continue to offer growth opportunities, while private-sector demand remains fragile. As a result, rated contractors focused on private projects have seen diminished backlog-to-revenue ratios. Although profitability may improve due to easing construction costs, debt ratios are weakened due to prolonged cash conversion cycles caused by delayed disbursements and extended payment terms. View All Thailand Credit Spotlight 2025 Navigating Global Trade Shifts PR news Advancing Transition Finance Friday 23 May 2025. Bangkok, Thailand PR news 2025 Economic and Industry Outlook PR news View All Links Thai Bond Market Association S&P Global Ratings TRIS Corporation
