Public Company Limited has been assigned the credit rating at “BBB+” with “Stable” outlook by TRIS Rating. Land and Houses Bank Public Company Limited has been assigned the credit rating at “A-” (Single A
“Stable outlook”. On February 19, 2020, Fitch Ratings Inc. downgraded the company’s rating from AA- (tha) to BBB+ (tha) with a stable outlook and withdrawn the Rating Watch Negative. 1.5 Annual General
measures to release the economic impact. Having considered the above-mentioned circumstances, the Bank of Thailand lowered the Thai economy growth outlook in 2020, from an increase of 1.5-2.5% to a decrease
outlook in 2020, from a decrease of 5.5% to a decrease of 8.1%, as well as lower the policy rate to 0.5% to stimulate the economic and stabilized the financial system. The performance of Central Pattana
Group Public Company Limited is assigned the credit rating at “BBB+” with “Stable” outlook by TRIS Rating. Analysis of Operating Results In the third quarter of 2020, the operating results of the company
). Moreover, the Thai economic outlook would underperform below the baseline projection because; 1. The global economy could enter a severe recession and Thailand’s tourism sector could take a long time to
customers in Bangkok. 1.4 Company’s credit rating On February 17, 2020, TRIS Rating Co., Ltd. rated the company for the first time on the Standalone basis at “A-” with a “Stable outlook”. On February 19, 2020
, TRIS Rating affirmed the company rating and senior unsecured debenture rating of Eastern Water Resources Development and Management PLC at “A+” with “stable” outlook, which reflects the company’s
returning value to our shareholders”. 2. Outlook In 2018 as a whole, the Thai economy expanded 4.1%, +4.0% year-on-year and looking ahead, the economy is expected to continue growing at a robust pace in 2019