Thursday November 21, 2019 06:14

Stcoks Press Release : 20 Jun 2019

Five priorities for insurance businesses wanting to reap rewards amid digital transformation Stcoks—20 Jun 19

Imagining customer expectations with new insurance models, focussing on talent development, and strategic collaborations with agile management are keys to marking out the front-runners, according to 'Insurance trends 2019', part of PwC's 22nd CEO Survey

Fitch Upgrades Thailand#s TOP to #AA(tha)#; Outlook Stable Stcoks—20 Jun 19

Bangkok--20 Jun--Fitch Ratings

Fitch has upgraded Thai Oil Public Company Limited's (TOP) National Long-Term Rating and senior unsecured rating to 'AA(tha)' from 'AA-(tha)'. The Outlook is Stable. Fitch has also affirmed TOP's National Short-Term Rating at 'F1+(tha)'.

The rating upgrades reflect Fitch's reassessment of the strategic importance of the petrochemical and refinery business to its parent, PTT Public Company Limited (PTT; AAA(tha)/Stable), after business reorganisation over the past few years. The business, in which TOP is a major component, is more important than we previously anticipated. The petrochemical and refinery business accounted for around 31% of group revenue, while it was the second-largest contributor to group EBITDA at 28%, following the exploration and production business (36%) in 2018.

TOP is highly strategically important to PTT's petrochemical and refinery business as it operates PTT's largest refinery and its refined product sales to PTT are equivalent to around one-third of PTT's oil-retailing business sales. TOP is likely to be PTT's main vehicle in the refining business. In addition, PTT is likely to extend the credit terms for crude supply to TOP, similar to what it provided to IRPC Public Company Limited (A-(tha)/Stable), to alleviate pressure on cash flow during TOP's period of high investment.

PwC Launches Solution Supporting Audit of Cryptocurrency Stcoks—20 Jun 19

- Leading the way in providing assurance services to clients engaging in cryptocurrency activities PwC is pleased to announce an important addition to our existing "Halo" suite of auditing tools that we can use to provide assurance services for entities

Photo Release: EXIM Thailand Supports Thai Entrepreneurs in Improving Production Efficiency with Stcoks—20 Jun 19

Dr. Nattapol Rangsitpol (forth left), Director General of the Office of Industrial Economics, Ministry of Industry and Director of Export-Import Bank of Thailand (EXIM Thailand), together with Miss Draswan Shoowong (second left), Executive Vice President

Fitch Upgrades Thailand#s PTT Global Chemical to #AA+(tha)#; Outlook Stcoks—20 Jun 19

Fitch Ratings (Thailand) Limited has upgraded PTT Global Chemical Public Company Limited's (PTTGC) National Long-Term Rating and senior unsecured rating to 'AA+(tha)' from 'AA(tha)'. The Outlook on the National Long-Term Rating is Stable. Fitch has also

Photo Release: Chubb Samaggi Insurance makes personal accident claim payment of THB 40 Stcoks—20 Jun 19

Mr. Arttavut Karnchanapermpoldee, Head of Business Relations Division (far right) of Chubb Samaggi Insurance Public Company (Limited) offered condolences to the widow, Miss Wannee Pasakornkarn (third from the right), the owner of a small agricultural

Photo Release: AEON and K Bank give big prizes to winners of the new AEON Cardless at K-ATM Stcoks—20 Jun 19

Mr. Siraphop Chaisaharuek (2nd from right) Executive Vice President of Marketing Development of AEON Thana Sinsap (Thailand) Public Company Limited together with Mr. Akeanan Bureesombut (3rd from right) Senior Multi-Corporate Relationship Manager and Mr.

SET urges investors to consider trading carefully on 16 SP-signed stocks Stcoks—20 Jun 19

The Stock Exchange of Thailand (SET) has announced that 16 listed securities namely A5, BLISS, BUI, CHUO, EARTH, GSTEL, IFEC, KC, KTECH, NBC, NMG, POLAR, PRO, STHAI, TSF, and WR, which have been posted the SP sign longer than three-month period

Photo Release: KBank offers promotions for Bangkok International Auto Salon ticket purchase via K Stcoks—20 Jun 19

Mr. Thawee Teerasoontornwong (second from right), KBank Executive Vice President, and Mr. Wiluck Lohtong (second from left), Chief Executive Officer of Siam Sports Syndicate PCL and Chairman of the Organizing Committee of Bangkok International Auto

PTTEPs successful issuance of THB 15,000 million debentures Stcoks—20 Jun 19

PTTEP Treasury Centre Company Limited has issued Senior Guaranteed Debentures worth THB 15,000 million to Institutional and High Net-worth Investors in the Thai capital market. The proceeds from the debentures issuance will be spent for working capital