Monday August 3, 2020 18:46

Stcoks Press Release : 24 Jul 2020

SET ranks in world’s top 10 stock exchanges on sustainability disclosure of listed firms, topping Asian markets Stcoks—24 Jul 20

BANGKOK, July 24, 2020 - The Stock Exchange of Thailand (SET) makes a mark as the only Asian bourse placed in top 10 of the world’s stock exchange ranking on corporate sustainability disclosure out of 49 bourses, according to “Measuring

Bangkok Bank reports net profit of Baht 10,765 million for the first half of 2020 Stcoks—24 Jul 20

Bangkok--24 Jul--Bangkok Bank

In the first half of 2020, the Thai economy declined sharply due to the impact of the containment measures to combat the coronavirus (Covid-19) pandemic, global lockdown measures, and international travel restrictions which led to the collapse of tourist arrivals. Thai exports and imports slumped on weak demand from trading partners, which also dampened domestic economic activity. Private consumption plummeted with a sharp drop in car sales and disruption to service activities. Manufacturing production and investment contracted in line with the drop in external and internal demand. Nevertheless, government spending and investment rose as the government accelerated disbursements to stimulate the economy.

Since the outbreak of the Covid-19 pandemic, which has had an adverse economic effect on individuals and businesses across various sectors, the government and the Bank of Thailand (BOT) have launched a series of financial and fiscal relief measures to help businesses and individuals to get through the crisis. The Bank has supported the government and the BOT policies by promptly issuing measures to assist business customers such as additional credit lines and loan holidays, and to help retail customers by lowering minimum payment rates and extending credit limits. The Bank also lowered interest rates for both business and retail cust

Fitch Affirms Eastern Polymer Group at 'A-(tha)'; Stable Outlook Stcoks—24 Jul 20

Fitch Ratings (Thailand) has affirmed Eastern Polymer Group Public Company Limited's (EPG) National Long-Term Rating and the senior unsecured debt rating at 'A-(tha)'. The Outlook is Stable. The affirmation reflects our belief that EPG's operating cash