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Cambodia’s external debt risks contained, says Moody’s

Moody’s Investors Service said Tuesday that Cambodia’s risk of external debt vulnerability was still contained. In its latest assessment of the impact of Covid-19 on Asian and the Pacific, the U.S. rating agency said “liquidity pressures will continue to haunt some frontier market sovereigns. Moody’s estimated that most frontier markets — which include Cambodia, Laos […]

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Moody’s: Expect a slow Thai recovery

Thailand’s slow economic recovery reflects the sustained damage wrought by the pandemic on international travel and tourism, in large part because of the slow reopening of borders in major markets, says Moody’s Investors Service. Lower economic growth and a concomitant rise in debt drove negative rating actions for Fiji (Ba3 negative) in June, Thailand (Baa1 […]

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