Fitch upgraded Thailand's sovereign outlook from Negative to Stable while maintaining the BBB+ credit rating, citing political stability, steady economic growth (2.3% forecast), improved fiscal consolidation, strong external finances, and continued policy discipline. This makes all three major rating agencies (Fitch, Moody's, S&P) aligned on a Stable outlook for Thailand, signaling growing confidence in the government's economic direction and AI/data center investment momentum.