Debt levels in Thailand's corporate sector remain relatively high due to large-scale investments and a business operating environment that remains weak, according to Fitch Ratings' Thailand Corporate Credit Outlook conference.
Obboon Thirachit, senior director of corporate ratings at Fitch Ratings (Thailand), said Thai corporates face a combination of pressures in 2026: a more challenging operating environment, elevated leverage accumulated over the past decade from large investments, and rising investment needs related to the climate transition.
