{"id":5297,"date":"2026-09-10T19:11:17","date_gmt":"2026-09-10T12:11:17","guid":{"rendered":"https:\/\/thereporter.asia\/eng\/?p=5297"},"modified":"2026-09-10T19:11:17","modified_gmt":"2026-09-10T12:11:17","slug":"tta-debentures-rated-bbb-tris-rating","status":"publish","type":"post","link":"https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/","title":{"rendered":"TTA Debentures Rated BBB by TRIS Rating"},"content":{"rendered":"<p id=\"p-rc_ec2a011383f30acd-571\" data-path-to-node=\"1\"><span data-path-to-node=\"1,0\">TRIS Rating affirmed the company rating on Thoresen Thai Agencies PLC at BBB with a Stable outlook on 10 September 2026, while assigning a BBB rating to its proposed issue of up to THB1.7 billion in senior unsecured debentures<\/span><span data-path-to-node=\"1,2\">. The proceeds will refinance maturing debentures<\/span><span data-path-to-node=\"1,4\">.<\/span><\/p>\n<h2 data-path-to-node=\"2\">Dry-Bulk and Offshore Operations Drive Earnings<\/h2>\n<p id=\"p-rc_ec2a011383f30acd-572\" data-path-to-node=\"3\"><span data-path-to-node=\"3,0\">TRIS Rating affirmed the company rating of <b data-path-to-node=\"3,0\" data-index-in-node=\"43\">Thoresen Thai Agencies PLC (TTA)<\/b> and the ratings on its outstanding senior unsecured debentures at <b data-path-to-node=\"3,0\" data-index-in-node=\"142\">BBB<\/b> with a <b data-path-to-node=\"3,0\" data-index-in-node=\"153\">Stable<\/b> rating outlook<\/span><span data-path-to-node=\"3,2\">. Concurrently, the agency assigned a rating of <b data-path-to-node=\"3,2\" data-index-in-node=\"48\">BBB<\/b> to TTA\u2019s proposed issue of up to <b data-path-to-node=\"3,2\" data-index-in-node=\"85\">THB1.7 billion<\/b> senior unsecured debentures maturing within 3 years and 6 months<\/span><span data-path-to-node=\"3,4\">. The company plans to deploy the proceeds from the new offering to refinance its existing maturing debentures<\/span><span data-path-to-node=\"3,6\">.<\/span><\/p>\n<p id=\"p-rc_ec2a011383f30acd-573\" data-path-to-node=\"4\"><span data-path-to-node=\"4,0\">The ratings reflect TTA&#8217;s established footprint and cost structure in dry-bulk shipping alongside the growing scale of its offshore service arm, Mermaid Maritime PLC (MML), in which TTA holds a 68.4% stake<\/span><span data-path-to-node=\"4,2\">. TRIS Rating projects dry-bulk freight rates to remain supportive due to tight effective vessel supply caused by geopolitical rerouting and compliance requirements on aging fleets<\/span><span data-path-to-node=\"4,4\">. Average time charter equivalent (TCE) rates are forecast at USD16,800 per day in 2026, moderating to USD14,500 in 2027 and USD12,500 in 2028, generating dry-bulk revenues of THB8.7 billion in 2026 and THB7\u2013THB8 billion annually over 2027\u20132028<\/span><span data-path-to-node=\"4,6\">.<\/span><\/p>\n<p id=\"p-rc_ec2a011383f30acd-574\" data-path-to-node=\"5\"><span data-path-to-node=\"5,0\">Offshore services serve as an additional earnings pillar, anchored by subsea inspection, repair, and maintenance (IRM) contracts in the Middle East<\/span><span data-path-to-node=\"5,2\">. As of June 2026, MML held an orderbook of USD750 million, consisting of 76% IRM services, 14% decommissioning and transportation and installation (T&amp;I), and 10% cable-laying<\/span><span data-path-to-node=\"5,4\">. TRIS Rating projects offshore service revenue of approximately USD320 million in 2026, increasing to USD370\u2013USD380 million annually in 2027\u20132028 as new decommissioning and T&amp;I tenders are secured across Southeast Asia<\/span><span data-path-to-node=\"5,6\">.<\/span><\/p>\n<h2 data-path-to-node=\"6\">Financial Profile, Digital Assets, and Non-Core Assets<\/h2>\n<p id=\"p-rc_ec2a011383f30acd-575\" data-path-to-node=\"7\"><span data-path-to-node=\"7,0\">TTA maintains moderate leverage backed by sizable liquidity buffers<\/span><span data-path-to-node=\"7,2\">. As of June 2026, the company held <b data-path-to-node=\"7,2\" data-index-in-node=\"36\">THB8.4 billion<\/b> in cash and cash equivalents against <b data-path-to-node=\"7,2\" data-index-in-node=\"88\">THB11.3 billion<\/b> in total debt, yielding an adjusted debt to EBITDA ratio expected to stay between 1.4 and 1.5 times over the forecast period<\/span><span data-path-to-node=\"7,4\">. Net interest-bearing debt to equity stood at 0.07 times, well within its debenture financial covenant limit of below 2 times<\/span><span data-path-to-node=\"7,6\">. Capital expenditures are projected at THB2.0\u2013THB2.5 billion annually across 2026\u20132027, primarily allocated to offshore upgrades and dry-bulk fleet renewal, including two second-hand vessels in 2026 and one in 2027<\/span><span data-path-to-node=\"7,8\">.<\/span><\/p>\n<p id=\"p-rc_ec2a011383f30acd-576\" data-path-to-node=\"8\"><span data-path-to-node=\"8,0\">Rating constraints stem from the cyclical nature of shipping and offshore markets, alongside TTA&#8217;s exposure to digital asset investments<\/span><span data-path-to-node=\"8,2\">. TTA manages its holdings under a liquidity threshold requiring THB4 billion in minimum available cash rather than fixed investment caps<\/span><span data-path-to-node=\"8,4\">. As of 30 June 2026, digital asset holdings stood at approximately <b data-path-to-node=\"8,4\" data-index-in-node=\"68\">THB5.8 billion<\/b> on the consolidated balance sheet, introducing volatility to net cash predictability and credit metrics<\/span><span data-path-to-node=\"8,6\">.<\/span><\/p>\n<p id=\"p-rc_ec2a011383f30acd-577\" data-path-to-node=\"9\"><span data-path-to-node=\"9,0\">Non-core units showed mixed operational contributions<\/span><span data-path-to-node=\"9,2\">. Agrochemicals remain the primary non-core driver, with forecast revenue of THB3.3\u2013THB3.6 billion annually across 2026\u20132028<\/span><span data-path-to-node=\"9,4\">. The food and beverage segment operates 212 Pizza Hut and 45 Taco Bell outlets as of June 2026, generating projected revenue of THB2.2\u2013THB2.4 billion per year<\/span><span data-path-to-node=\"9,6\">. Meanwhile, the high-rise condominium project <b data-path-to-node=\"9,6\" data-index-in-node=\"47\">The 125 Sathorn<\/b>, held under a 60% joint venture, faces an estimated 2-to-3-year delay due to regulatory guideline disputes currently under review by the Supreme Administrative Court<\/span><span data-path-to-node=\"9,8\">. Electric vehicle initiatives in trucks and motorcycles remain in early stages without material earnings contributions<\/span><span data-path-to-node=\"9,10\">.<\/span><\/p>\n<p data-path-to-node=\"11\">#TTA #TRISRating #Debentures #Shipping #OffshoreServices #MermaidMaritime #TheReporterAsia<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TRIS Rating affirmed the company rating on Thoresen Thai Agencies PLC at BBB with a Stable outlook on 10 September 2026, while assigning a BBB rating to its proposed issue of up to THB1.7 billion in senior unsecured debentures. The&#8230; <\/p>\n","protected":false},"author":1,"featured_media":5300,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1434],"tags":[4876,5936,5937,5935,1622,5832],"class_list":["post-5297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rating","tag-debentures","tag-dry-bulk-shipping","tag-offshore-services","tag-thoresen-thai-agencies","tag-tris-rating","tag-tta"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TTA Debentures Rated BBB by TRIS Rating<\/title>\n<meta name=\"description\" content=\"TTA Debentures rated BBB by TRIS Rating. THB1.7B issue to refinance maturing debt. Stable outlook. Read the full analysis now!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TTA Debentures Rated BBB by TRIS Rating\" \/>\n<meta property=\"og:description\" content=\"TRIS Rating affirms TTA at BBB with Stable outlook. New THB1.7B debentures to refinance maturing debt. #TTA #TRISRating #Debentures\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/\" \/>\n<meta property=\"og:site_name\" content=\"TheReporterAsia\/eng\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/thereporter.asia\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-10T12:11:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2026\/09\/tta-tris-rating-bbb-new-bond.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/2026\\\/09\\\/tta-debentures-rated-bbb-tris-rating\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/2026\\\/09\\\/tta-debentures-rated-bbb-tris-rating\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/#\\\/schema\\\/person\\\/03d154c7d9f6d115e6e22e3773326417\"},\"headline\":\"TTA Debentures Rated BBB by TRIS Rating\",\"datePublished\":\"2026-09-10T12:11:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/2026\\\/09\\\/tta-debentures-rated-bbb-tris-rating\\\/\"},\"wordCount\":553,\"publisher\":{\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/2026\\\/09\\\/tta-debentures-rated-bbb-tris-rating\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/wp-content\\\/uploads\\\/2026\\\/09\\\/tta-tris-rating-bbb-new-bond.webp\",\"keywords\":[\"Debentures\",\"Dry-Bulk Shipping\",\"Offshore Services\",\"Thoresen Thai Agencies\",\"TRIS Rating\",\"TTA\"],\"articleSection\":[\"RATING\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/2026\\\/09\\\/tta-debentures-rated-bbb-tris-rating\\\/\",\"url\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/2026\\\/09\\\/tta-debentures-rated-bbb-tris-rating\\\/\",\"name\":\"TTA Debentures Rated BBB by TRIS Rating\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/2026\\\/09\\\/tta-debentures-rated-bbb-tris-rating\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/2026\\\/09\\\/tta-debentures-rated-bbb-tris-rating\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/wp-content\\\/uploads\\\/2026\\\/09\\\/tta-tris-rating-bbb-new-bond.webp\",\"datePublished\":\"2026-09-10T12:11:17+00:00\",\"description\":\"TTA Debentures rated BBB by TRIS Rating. THB1.7B issue to refinance maturing debt. Stable outlook. Read the full analysis now!\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/2026\\\/09\\\/tta-debentures-rated-bbb-tris-rating\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thereporter.asia\\\/eng\\\/2026\\\/09\\\/tta-debentures-rated-bbb-tris-rating\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/2026\\\/09\\\/tta-debentures-rated-bbb-tris-rating\\\/#primaryimage\",\"url\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/wp-content\\\/uploads\\\/2026\\\/09\\\/tta-tris-rating-bbb-new-bond.webp\",\"contentUrl\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/wp-content\\\/uploads\\\/2026\\\/09\\\/tta-tris-rating-bbb-new-bond.webp\",\"width\":750,\"height\":500,\"caption\":\"TTA Debentures Rated BBB by TRIS Rating\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/2026\\\/09\\\/tta-debentures-rated-bbb-tris-rating\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TTA Debentures Rated BBB by TRIS Rating\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/#website\",\"url\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/\",\"name\":\"TheReporterAsia\\\/eng\",\"description\":\"The all economy news in ASIA\",\"publisher\":{\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/#organization\",\"name\":\"TheReporterAsia\\\/eng\",\"url\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/THEREPORTER_logo_274x90.png\",\"contentUrl\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/THEREPORTER_logo_274x90.png\",\"width\":274,\"height\":90,\"caption\":\"TheReporterAsia\\\/eng\"},\"image\":{\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/thereporter.asia\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/#\\\/schema\\\/person\\\/03d154c7d9f6d115e6e22e3773326417\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9b0ea1804d31204d776481a8164090158b6ab3dfa8eb0bed6bd41fd7086598e0?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9b0ea1804d31204d776481a8164090158b6ab3dfa8eb0bed6bd41fd7086598e0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9b0ea1804d31204d776481a8164090158b6ab3dfa8eb0bed6bd41fd7086598e0?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"https:\\\/\\\/thereporter.asia\\\/eng\"],\"url\":\"https:\\\/\\\/thereporter.asia\\\/eng\\\/author\\\/vachirahut_hdzdx3nr\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"TTA Debentures Rated BBB by TRIS Rating","description":"TTA Debentures rated BBB by TRIS Rating. THB1.7B issue to refinance maturing debt. Stable outlook. Read the full analysis now!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/","og_locale":"en_US","og_type":"article","og_title":"TTA Debentures Rated BBB by TRIS Rating","og_description":"TRIS Rating affirms TTA at BBB with Stable outlook. New THB1.7B debentures to refinance maturing debt. #TTA #TRISRating #Debentures","og_url":"https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/","og_site_name":"TheReporterAsia\/eng","article_publisher":"https:\/\/www.facebook.com\/thereporter.asia","article_published_time":"2026-09-10T12:11:17+00:00","og_image":[{"width":750,"height":500,"url":"https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2026\/09\/tta-tris-rating-bbb-new-bond.webp","type":"image\/webp"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/#article","isPartOf":{"@id":"https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/"},"author":{"name":"admin","@id":"https:\/\/thereporter.asia\/eng\/#\/schema\/person\/03d154c7d9f6d115e6e22e3773326417"},"headline":"TTA Debentures Rated BBB by TRIS Rating","datePublished":"2026-09-10T12:11:17+00:00","mainEntityOfPage":{"@id":"https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/"},"wordCount":553,"publisher":{"@id":"https:\/\/thereporter.asia\/eng\/#organization"},"image":{"@id":"https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/#primaryimage"},"thumbnailUrl":"https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2026\/09\/tta-tris-rating-bbb-new-bond.webp","keywords":["Debentures","Dry-Bulk Shipping","Offshore Services","Thoresen Thai Agencies","TRIS Rating","TTA"],"articleSection":["RATING"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/","url":"https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/","name":"TTA Debentures Rated BBB by TRIS Rating","isPartOf":{"@id":"https:\/\/thereporter.asia\/eng\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/#primaryimage"},"image":{"@id":"https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/#primaryimage"},"thumbnailUrl":"https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2026\/09\/tta-tris-rating-bbb-new-bond.webp","datePublished":"2026-09-10T12:11:17+00:00","description":"TTA Debentures rated BBB by TRIS Rating. THB1.7B issue to refinance maturing debt. Stable outlook. Read the full analysis now!","breadcrumb":{"@id":"https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/#primaryimage","url":"https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2026\/09\/tta-tris-rating-bbb-new-bond.webp","contentUrl":"https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2026\/09\/tta-tris-rating-bbb-new-bond.webp","width":750,"height":500,"caption":"TTA Debentures Rated BBB by TRIS Rating"},{"@type":"BreadcrumbList","@id":"https:\/\/thereporter.asia\/eng\/2026\/09\/tta-debentures-rated-bbb-tris-rating\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thereporter.asia\/eng\/"},{"@type":"ListItem","position":2,"name":"TTA Debentures Rated BBB by TRIS Rating"}]},{"@type":"WebSite","@id":"https:\/\/thereporter.asia\/eng\/#website","url":"https:\/\/thereporter.asia\/eng\/","name":"TheReporterAsia\/eng","description":"The all economy news in ASIA","publisher":{"@id":"https:\/\/thereporter.asia\/eng\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thereporter.asia\/eng\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thereporter.asia\/eng\/#organization","name":"TheReporterAsia\/eng","url":"https:\/\/thereporter.asia\/eng\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thereporter.asia\/eng\/#\/schema\/logo\/image\/","url":"https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2023\/10\/THEREPORTER_logo_274x90.png","contentUrl":"https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2023\/10\/THEREPORTER_logo_274x90.png","width":274,"height":90,"caption":"TheReporterAsia\/eng"},"image":{"@id":"https:\/\/thereporter.asia\/eng\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/thereporter.asia"]},{"@type":"Person","@id":"https:\/\/thereporter.asia\/eng\/#\/schema\/person\/03d154c7d9f6d115e6e22e3773326417","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9b0ea1804d31204d776481a8164090158b6ab3dfa8eb0bed6bd41fd7086598e0?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9b0ea1804d31204d776481a8164090158b6ab3dfa8eb0bed6bd41fd7086598e0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9b0ea1804d31204d776481a8164090158b6ab3dfa8eb0bed6bd41fd7086598e0?s=96&d=mm&r=g","caption":"admin"},"sameAs":["https:\/\/thereporter.asia\/eng"],"url":"https:\/\/thereporter.asia\/eng\/author\/vachirahut_hdzdx3nr\/"}]}},"_links":{"self":[{"href":"https:\/\/thereporter.asia\/eng\/wp-json\/wp\/v2\/posts\/5297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thereporter.asia\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thereporter.asia\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thereporter.asia\/eng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thereporter.asia\/eng\/wp-json\/wp\/v2\/comments?post=5297"}],"version-history":[{"count":2,"href":"https:\/\/thereporter.asia\/eng\/wp-json\/wp\/v2\/posts\/5297\/revisions"}],"predecessor-version":[{"id":5299,"href":"https:\/\/thereporter.asia\/eng\/wp-json\/wp\/v2\/posts\/5297\/revisions\/5299"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thereporter.asia\/eng\/wp-json\/wp\/v2\/media\/5300"}],"wp:attachment":[{"href":"https:\/\/thereporter.asia\/eng\/wp-json\/wp\/v2\/media?parent=5297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thereporter.asia\/eng\/wp-json\/wp\/v2\/categories?post=5297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thereporter.asia\/eng\/wp-json\/wp\/v2\/tags?post=5297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}