Monday March 30, 2020 00:25

Stocks and Financial Services Press Releases

PwC named a Leader in the IDC MarketScape for Worldwide Risk Consulting Services Stcoks—27 Mar 20

According to client feedback and IDC MarketScape evaluation, PwC is seen to excel at adapting to changing requirements to the risk consulting business model. PwC has been named as a Leader in the IDC MarketScape: Worldwide Risk Consulting Services 2019

Labuan IBFC's Financial Services Community Band Together to Contribute to the Relief Efforts in Combating COVID-19 Stcoks—27 Mar 20

Labuan International Business and Financial Centre, Labuan IBFC's financial services and intermediation community have come together to assist local authorities in relief efforts via the pooling of resources. Labuan IBFC's Cross-Industry Group

TMB has released a support scheme providing liquidity to mutual fund investors with an aim to help Stcoks—26 Mar 20

TMB Bank Public Company Limited or TMB announced a liquidity support scheme available to the unit holders of two TMBAM Eastspring’s funds, namely TMB Ultra – Short Bond Fund (TMBUSB) and TMB Aggregate Bond Fund (TMBABF). The aim is to help

Cancellation of the Annual General Meeting of Shareholders No. 197 and Dividend Stcoks—24 Mar 20

COVID-19 outbreak has ceased or alleviated. By that time, the new AGM date and the meeting agenda will be announced. Accordingly, the Board of Directors has determined to cancel the former schedules of the AGM No. 197 initially set on 2 April 2020 and

Fitch Rates ICBCTL's Senior Notes 'AAA(tha)' Stcoks—26 Mar 20

Bangkok--26 Mar--Fitch Ratings Fitch Ratings (Thailand) has assigned ICBC (Thai) Leasing Company Limited's (ICBCTL, AAA(tha)/Stable/F1+(tha)) upcoming long-term senior unsecured notes a National Long-Term Rating of 'AAA(tha)'. The notes will be issued

Thai Banking System is ready to provide continuing financial services during the COVID-19 Stcoks—25 Mar 20

Pursuant to the Prime Minister's announcement yesterday of the Cabinet's resolution to exercise the Royal Decree regarding Public Administration during Emergencies B.E. 2548 (Royal Decree) to enhance the measures to control the spread of COVID-19

Photo Release: Bangkok Bank donates 10 million baht to the Ramathibodi Special Fund Project to Stcoks—24 Mar 20

Outbreak’ of Mahidol University Faculty of Medicine Ramathibodi Hospital and Ramathibodi Foundation under Royal Patronage of Her Royal Highness Princess Maha Chakri Sirindhorn. The special fund project seeks to limit the COVID-19 outbreak by

SET ensures stability of the Thai capital market amid global high volatility Stcoks—23 Mar 20

Pakorn Peetathawatchai, President at The Stock Exchange of Thailand (SET) said SET group has prudently employed a series of measures to mitigate contagion risk caused by the widespread of COVID-19 pandemic, to ensure the orderly functioning and stability

Fitch Revises Outlook on Thailand's EXIM and KTB to Stable; Affirms Stcoks—23 Mar 20

Bangkok--23 Mar--Fitch Ratings Fitch Ratings has revised the Outlook on the Long-Term Foreign-Currency Issuer Default Ratings (IDR) of Export-Import Bank of Thailand (EXIM) and Krung Thai Bank Public Company Limited (KTB) to Stable from Positive. At the

All banks have teamed in preparing to help customers withstand the COVID-19 Stcoks—23 Mar 20

The Thai Bankers’ Association and all of its members wish to assure their customers that assistance measures and financial supports are being made available. They have discussed the COVID-19 situation with the Bank of Thailand in order to ensure

Photo Release: WHAUP joined OPP DAY Stcoks—23 Mar 20

Mr. Niphon Bundechanan (right), Chief Executive Officer, and Mr. Natthapatt Tanboon-ek (left), Chief Financial Officer of WHA Utilities & Power Public Company Limited (WHAUP), jointly shared corporate information with analysts and investors at the

Fitch Affirms Siam City Cement at 'A(tha)'; Maintains Negative Outlook Stcoks—23 Mar 20

Revenue to fall by 4%-5% in 2020, comprising of -5% for the Thai operation (-20% over three-months and par for the remaining nine months) and 2%-5% for its regional operationsRevenue to fully recover with 7%-8% growth in 2021 and 4%-5% in 2022 following

Fitch Affirms Thai Life's IFS at 'A-'; Outlook Stable Stcoks—20 Mar 20

A persistent drop in capitalisation, measured by a decline in the RBC ratio, to below 280% and deterioration in the Prism FBM score to below 'Strong' for an extended period; orA prolonged weakening in profitability, indicated by a pretax ROA that is

Fitch Affirms Siam Makro at 'A(tha)'; Outlook Stable Stcoks—20 Mar 20

Revenue growth of 4%-5% in 2020 and increasing to 9%-10% a year in 2021-2022EBITDAR margin to remain at about 5.6% in 2020 and gradually improve in 2021-2022Total capex of THB7.5 billion-8 billion a year in 2020-2021 and THB5 billion-6 billion in 2022,

KBank is ready to hold AGM on April 2 with strict COVID-19 preventive measures Stcoks—20 Mar 20

KASIKORNBANK (KBank) has confirmed that the General Meeting of Shareholders will be held on April 2 with stringent preventive measures against COVID-19 implemented in accordance with public health standards. Participants are recommended to arrive at the

Fitch Revises Outlook on Thailand's PTT and PTTEP to Stable from Positive; Affirms at Stcoks—20 Mar 20

A downgrade of PTT's IDR.Any significant weakening of linkages with the parent, though considered unlikely over the medium term. Rating Sensitivities for Thailand sovereign The main factors that could, individually or collectively, lead to a positive

EngageRocket Raises $3M Series A, led by Qualgro, to boost People Analytics in Southeast Stcoks—19 Mar 20

- As the war for skilled talent intensifies, the Singapore-based HR tech startup aims to expand People Analytics into new Southeast Asian markets EngageRocket, the fastest-growing Asian employee engagement and performance software, today announced a S$3

Fitch Ratings: Thai Bank and Corporate Outlooks to Weaken in Sharp Stcoks—18 Mar 20

Thai banks' asset quality and earningswill be significantly weaker in 2020 and Thai corporates face challengingcredit conditions because the country's economy will be one of the hardest hitby the coronavirus pandemic in the APAC region, Fitch Ratings

Fitch Revises Outlook on Thailand to Stable; Affirms at 'BBB+' Stcoks—18 Mar 20

Fitch Ratings has revised its Outlook onThailand's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Stablefrom Positive and has affirmed the rating at 'BBB+'. KEY RATING DRIVERS The Outlook revision reflects the evolvingimpact of the global

Thai stock exchange revises ceiling & floor and circuit breaker rules as volatility Stcoks—18 Mar 20

The Stock Exchange of Thailand (SET) announces that in light of the COVID-19 pandemic and global economic worries that have caused stock market meltdown worldwide, SET has launched the first measure by tightening short selling to trade only the price

Deloitte and Code QB join forces to safeguard consumer identity for businesses in Asia Stcoks—18 Mar 20

Professional services organisation Deloitte announced today that three of the founders of Code QB, all highly regarded specialists in Consumer Identity Access Management (CIAM) services in Thailand, have joined Deloitte’s Risk Advisory practice to

Bangkok Land Spends 2,085 Million Baht to repurchase 1,737,440,105 Shares (10%) during March 19 - Stcoks—17 Mar 20

Bangkok Land Public Company Limited notified the Stock Exchange of Thailand (SET) of the Board of Directors resolution at the meeting no. 2/2020, held on 4 March 2020. The board approved the share repurchase project No. 4 in an amount not exceeding 2.085

Bangkok Bank announces system maintenance to upgrade services Stcoks—17 Mar 20

Bangkok Bank advises that due to a scheduled upgrade of services Bangkok Bank customers and other bank’s customers will not be able to use Bangkok Bank’s services on the dates and times indicated below Saturday, March 21, 2020 Bualuang

EXIM Thailand Cuts MOR, MLR and MRR to “Industry Lowest” at 5.75% p.a. to Assist Stcoks—17 Mar 20

EXIM Thailand has announced reduction of MOR, MLR and MRR lending interest rate to the industry lowest at only 5.75% per annum, effective from March 19, 2020, aiming to ease the impact of Covid-19 spreading so that Thai entrepreneurs can continue running