TRIS Rating maps out rocky path to Thai economic recovery

TRIS Rating maps out rocky path to Thai economic recovery

TRIS Rating maps out rocky path to Thai economic recovery Thai businesses were coping with the sharp declines in revenue by aggressively cutting costs, stockpiling cash, and delaying capital expenditures in anticipation of a tough time ahead, according to TRIS Rating on Thursday.For its latest economic outlook, the credit-ratings agency assessed three key aspects governing…

Mercedes-Benz: Luxury cars to help drive economy

Mercedes-Benz: Luxury cars to help drive economy Mercedes-Benz (Thailand) sees positive signs in Thai and global luxury car markets, with sales surging in its two models in Thailand, helping the German automaker cushion an overall sales drop in the domestic market during the pandemic-hit year of 2020. From January to December last year, Mercedes Benz…