Household debts slow but remain high

Commenting on the news that S&P Global Ratings had upgraded its outlook on Thailand’s sovereign credit rating to positive from stable for the first time in 9 years, Prime Minister and Minister of Defence Gen Prayut Chan-o-cha said after the Cabinet meeting on Tuesday (December 17):

“Many people said these ratings have little effect on the people, but it’s important to investors and entrepreneurs, both foreign and domestic, to consider investing and doing business in Thailand.”

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The Nation Reporter