Thursday June 4, 2020 23:22

Stocks and Financial Services Press Releases

Visa launches program to help Thai social commerce sellers accept digital payments to accelerate recovery and growth Stcoks—04 Jun 20

Visa, the world’s leader in digital payments, today announced a program that makes it easier for Thai social commerce sellers (“sellers”) including small businesses and individual merchants to accept digital payments. The program is

SCB appoints new First Executive Vice President and Chief Financial Officer Stcoks—04 Jun 20

Siam Commercial Bank has appointed Mr. Manop Sangiambut as First Executive Vice President and Chief Financial Officer, effective from 15 June 2020 onwards. With the new position, Mr. Manop will play a key role in developing business direction and

Photo Release : Grab Thailand joined forces with the Ministry of Agriculture and Cooperatives, Stcoks—02 Jun 20

Grab Thailand in collaboration with Ministry of Agriculture and Cooperatives (MoAC), led by Dr. Kengkran Louvirojanakul, Head of Public Affairs, Grab Thailand (2nd from left) and Mr. Alongkorn Polabut, the advisor to the Minister of Agriculture and

BTS GROUP FY 2019/20 NET PROFIT GROWS 184% YoY TO 8.2 BILLION BAHT AGAINST THE COVID-19 PANDEMIC Stcoks—02 Jun 20

BTS Group Holdings Public Company Limited (BTS Group) posted an excellent set of financial results for fiscal year 2019/20 (from April 2019 to March 2020). In spite of slowdown in the last quarter of fiscal year due to the outbreak of the coronavirus

Trade Finance Fintech Stenn Extends and Upsizes Core Finance Programme to $500 Million With New Stcoks—04 Jun 20

Online trade finance scale-up Stenn has secured participation from Barclays Bank, Coface SA, and Crayhill Capital Management LP in its latest investment round. The funding is for its core trade financing programme, Stenn Assets Funding, now sized at half

Fitch Assigns 'BBB+' Rating to PTT Exploration's Proposed Notes Stcoks—04 Jun 20

Fitch Ratings has assigned a 'BBB+' rating to PTT Exploration and Production Public Company Limited's (PTTEP; BBB+/Stable) proposed US dollar notes. The notes will be issued under its global medium-term note programme (GMTN) by its fully owned financing

SET, SEC jointly launch Prof. Link digital system, ready for service July Stcoks—04 Jun 20

The Stock Exchange of Thailand (SET) has signed a Memorandum of Understanding (MOU) with the Securities and Exchange Commission (SEC) in connecting the database on the licenses granted to investment consultants (ICs), investment planners (IPs) and

Photo Release: KBank and EGAT Saving and Credit Cooperative signs an agreement to integrate Stcoks—01 Jun 20

Mr. Silawat Santivisat (right), KBank Senior Executive Vice President, and Mr. Chartchai Rojanaratanangkule, Vice President and President of Financial Management Committee, EGAT Saving and Credit Cooperative Limited, signed an agreement on the

Thailand-based insurtech Go! Insurance secures funding to launch its easy-to-access health Stcoks—01 Jun 20

Go! Insurance - a Thailand-based digital health insurance company - has raised pre-seed funding from investors and will be launching its service in Thailand to provide better and easier access to health insurance. Founded in late 2019 by two insurance

K PLUS launches new features for loan management via K PLUS – you can pay off your loan Stcoks—29 May 20

KASIKORNBANK (KBank) is always determined to give customers more convenience. With the launch of four new features on K PLUS, customers can easily manage and conduct their loan transactions via the K PLUS application, with no need to go to a bank branch.

Thailand’s Economic Front in Fighting COVID-19 Stcoks—29 May 20

Thailand has performed well in containing the COVID-19 outbreak and mitigating its impact. Since 27 April 2020, the number of new COVID-19 cases has increased only slightly, while some days saw no new cases at all. About 96 per cent of those infected

KTC extends moment of happiness with worthwhile shopping trips at leading Stcoks—29 May 20

Mr. Sorachach Srilamul, Senior Manager - Credit Card Business, “KTC” or Krungthai Card Public Company Limited, provides cardmembers happiness with household savings to shop at leading supermarkets with KTC credit cards, including Big C / Mini

Photo release: “AIRA&AIFUL” donates to “the white gown warriors fighting Stcoks—28 May 20

Recently at Head Office of AIRA & AIFUL Public Company Limited, Mr. Yuji Fukada (middle), Chief Executive Officer with Mr.Kimihiko Yanagi (second right), Chief Operating Officer and Mr. Susumu Ito (second left), Head of Sales and Operation AIRA &

Introducing Apiflex, Apigate's Partner Bundling Platform for Customer Acquisition and Stcoks—28 May 20

Apigate, a trusted provider to Telco Operators and Digital Merchants for reach, acquisition and monetisation, today announced the launch of its new dynamic content bundling platform "Apiflex". Apiflex enables Digital Merchants and Telco Operators to

Filinvest and 'Plug and Play' form alliance to accelerate digital innovations in the Stcoks—28 May 20

Leading Philippine conglomerate Filinvest Development Corporation and Plug and Play, considered the foremost global innovation platform, join forces to fuel innovations in property and real estate technology, as well as in adjacent sectors in energy and

Fitch Affirms Five Thai NBFI Foreign Subsidiaries' National Ratings; Places Capital Nomura on Stcoks—28 May 20

Fitch Ratings (Thailand) has affirmed the National Long-Term Ratings on five Thai non-bank subsidiaries of foreign financial institutions as follows: CGS-CIMB Securities (Thailand) Co., Ltd. (CGS-CIMB TH) at 'A(tha)'; Stable Outlook.Capital Nomura

Green Country Energy LLC Debt Rating Lowered To 'CCC+' On Higher Maintenance Spending; Outlook Stcoks—27 May 20

SAN FRANCISCO (S&P Global Ratings) May 26, 2020—S&P Global Ratings today took the rating actions listed above. Green Country Energy LLC (GCE) is a 795-megawatt (MW) natural-gas-fired combined cycle power plant in Jenks, Okla. The project

Shanghai International Port 'A+' Rating Affirmed On Sufficient Resilience Against COVID-19; Outlook Stcoks—27 May 20

HONG KONG (S&P Global Ratings) May 26, 2020--S&P Global Ratings today took the rating actions listed above. We affirmed the ratings on Shanghai International Port (Group) Co. Ltd. (SIPG) because we expect the company's finances to withstand the

Fitch Revises Outlook on AEON Thana Sinsap to Negative; Affirms at Stcoks—27 May 20

Fitch Ratings has revised the Outlook on AEON Thana Sinsap (Thailand) Public Company Limited's (AEONTS) National Long-Term Rating to Negative, from Stable, and has affirmed the rating at 'A-(tha)'. KEY RATING DRIVERS The Negative Outlook reflects

KTC invites fit and firm cardmembers to shop conveniently and earn special privileges at leading Stcoks—27 May 20

“KTC” or Krungthai Card Public Company Limited, supports cardmembers to continuously stay fit and firm with invitations to shop must-have items with home delivery service at leading Sport Equipment websites including REV Runnr / Banana Run /

National Business Daily: SW China's Chengdu offers opportunities in building international Stcoks—27 May 20

Southwest China's Chengdu is to unveil 100 new scenes and 100 new products centering on consuming activities on Thursday, as part of the city's effort to build itself into an international hub for consumers, offering opportunities to global investors to

EXIM Thailand Announces Results of Debt Suspension and Extension of Soft Loan Schemes to Assist Stcoks—25 May 20

Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), revealed that EXIM Thailand has assisted and relieved impacts on the Bank’s clients and general entrepreneurs engaging in export and import businesses as well as

SCB to Provide Digital Payment Solutions for Haier Smart Home System Stcoks—25 May 20

Siam Commercial Bank (SCB) has teamed up with Haier, a world leader in electrical appliances and innovations and the world’s number one electrical household appliance brand for eleven consecutive years, to seal a deal under a “Digital Payment

Economic slowdown and oil price war bring down Thai listed companies’ first-quarter net Stcoks—25 May 20

Q1 total sales down 4.3 pct y-o-y to THB 2.68 trillionNet profits fell 60.5 pct y-o-y to THB 98.52 billion during Jan-MarFood & Beverage, Finance & Securities and Packaging sectors reported earnings growth. BANGKOK, May 22, 2020 - Securities