Moody's Investors Service said it would retain its 'stable' rating outlook for Thailand, despite the wave of bomb attacks over the New Years holiday. "Concerns would be heightened if the attacks prove to be an escalation of the separatist insurgency - though neither the identity nor the motive for the latest attacks are known at this point - or if the attacks signal the onset of a violent backlash from the September military coup," said Thomas Byrne, Moody's vice president. Byrne also said that renewed confidence in Thailand's democratic and constitutional institutions would help strengthen long-term economic and financial stability in the country.
The Nation