Wednesday January 23, 2019 23:23

BILLION Press Releases

QNB Most Valuable Banking Brand in Middle East and Africa With US $5.04bn Events—23 Jan 19

QNB Group, the largest financial institution in the Middle East and Africa (MEA), was recognized, once again, as the most valuable banking brand in the MEA with a brand value worth US $5.04 billion, according to the annual report prepared by Brand

SET welcomes SPRIME REIT on Jan 23 Stcoks—22 Jan 19

The Stock Exchange of Thailand (SET) will list S Prime Growth Leasehold Real Estate Investment Trust worth THB 5.72 billion (approx. USD 173.26 million) on January 23, 2019, under the ticker symbol "SPRIME ". SET Senior Executive Vice President Manpong

TWPC invest over Baht 548 million Announced the closing of its acquisition of Maesot Starch Co., Events—22 Jan 19

Thai Wah PLC or TWPC spends over Baht 548 million to invest in a new tapioca starch factory, targeting revenue of 10 billion baht, "Thai Wah or TWPC" acquired of the assets in "Mae Sot Starch Company Limited " and " Mae Sot Biogas Company Limited" (MSS),

Siam Commercial Bank reported 2018 net profit of Baht 40.1 billion Stcoks—18 Jan 19

Siam Commercial Bank and its subsidiaries announced net profit of Baht 7.1 billion in the fourth quarter of 2018 and Baht 40.1 billion for 2018 (based on unaudited consolidated financial statements), a 7.1% yoy decrease from a year ago. Total operating

Johnson Johnson Completes Acquisition of Ci:z Holdings Co., Ltd. Stcoks—18 Jan 19

Johnson & Johnson (NYSE:JNJ) today announced the completion of the acquisition of Ci:z Holdings Co., Ltd. (TYO: 4924) (the "Company") for a total purchase price of approximately JPY / CNY230 billion. The acquisition was completed through a series of

New global alliance commits over $1.0 billion USD to help end plastic waste in the e sets goal of Events—16 Jan 19

An alliance of global companies from the plastics and consumer goods value chain today launched a new organization to advance solutions to eliminate plastic waste in the environment, especially in the ocean. The cross value chain Alliance to End Plastic

Thailands Board of Investment Recorded Investment Applications with a Value of Over 900 Billion Events—10 Jan 19

The Deputy Prime Minister of Thailand has revealed that the total amount of investment promotion application in 2018 reached 901,770 million baht, which exceeded the original target by 25%. Investment applications in the EEC accounted for more than

Kemin AquaScience(TM) Introduces Leadership Team General—10 Jan 19

Kemin Industries, a Des Moines, Iowa-based global nutritional ingredient company that uses science to touch more than 3.8 billion people every day with its products and services, announced the selection of its leadership team for its newest business

FOMM invests one billion baht in local small EV car production Automotive—09 Oct 18

FOMM (Asia) Company Limited, a Thai-Japanese joint venture to produce full battery electric car in Thailand, has announced its one-billion-baht investment plan to produce small electric car in Thailand to serve domestic market and exports. According to

SET market report for 2018 Stcoks—07 Jan 19

The Stock Exchange of Thailand (SET) Index ended 2018 at 1,563.88 points, down 10.8 percent from end-2017, while the average daily trading value of SET and Market for Alternative Investment (mai) in 2018 surged 15.1 percent to THB 57.67 billion (USD 1.75

Thailands Board of Investment Pushes Thai GDP Growth by Over Bt400 Events—28 Dec 18

Investment incentive schemes under the 7-year strategic investment promotion policy (2015-2021) have been confirmed to contribute 418 billion baht to Thailand's GDP growth, according to Thailand's Board of Investment (BOI). Along with a boost to GDP, the

Into the Future: GAC Celebrates Milestones of Its New Energy Journey and Kicks off Venture Project General—27 Dec 18

- GAC Group's new energy intelligent and ecological factory for ("the Factory") for its first-phase project has been completed; Representing a RMB 4.7 billion (US$ 680 million), the Factory will start production in May 2019, aiming to achieve annual

มหัศจรรย์พันล้าน เปิดใจสุดยอดผู้บริหาร คุณวิบูลย์ กรมดิษฐ์ แห่งอาณาจักร อมตะ คอร์ปอเรชัน ทางช่อง ปฏิทินข่าว—27 Dec 18

รายการ "ทันข่าวเช้า" ช่วง "มหัศจรรย์พันล้าน" (Big Billionaire)" ทางช่อง "MONO29" (โมโนทเวนตี้ไนน์) ต้อนรับ ศักราชใหม่ในเดือนมกราคม ด้วยแรงบันดาลใจและเทคนิคของสุดยอดผู้บริหาร เปิดอาณาจักรบริษัทอสังหาริมทัพย์นิคมอุตสาหกรรม ชั้นนำรายใหญ่แถวหน้าของประเทศไทย

Thailand records 7.5% growth in visitor arrivals Lifestyle—26 Dec 18

The Ministry of Tourism and Sports announced the tourism figures for January-November 2018. Thailand received 34,431,489 international visitors, up by 7.53% over the same period of last year, generating an estimated 1.8 billion Baht in tourism revenue,

534 SET and mai-listed firms pay a combined 2018 dividends of THB 520 Stcoks—26 Dec 18

A total 534 companies listed on The Stock Exchange of Thailand (SET) and Market for Alternative Investment (mai) announced the 2018 dividend payment worth a total of THB 519.55 billion (approx. USD 15.74 billion), representing the average dividend yield

Sterlite Power Wins Prestigious Transmission Project in Brazil Energy—25 Dec 18

In the recently concluded auction for transmission projects in Brazil, Sterlite Power emerged as the winner for Lot 13. The project will require an investment of USD 0.6 billion over the period of next 3-5 years in the state of Rio Grande do Sul, south

PTT Reveals Five-Year Investment Plan, Driving Innovation and Empowering National Energy Security Events—24 Dec 18

Today, Mr. Chansin Treenuchagron, President & Chief Executive Officer, PTT Public Company Limited, has revealed a resolution of PTT's Board to approve the company's five-year capital investment expenditure (2019 - 2023) worth 167.114 Billion Baht,

Bosch grows with connected energy and building solutions IT—21 Dec 18

- Management board member Stefan Hartung: "Everyone is talking about AI. We're putting it to use." - Bosch energy and building technology sales rise to 5.5 billion euros - Bosch is expanding its involvement in software platforms Bosch is growing with

Haier gears up for 2019 with the Puri Cool Series An innovative hybrid of air conditioner and air Events—21 Dec 18

Haier Thailand forecasts the year-end revenue of 3.4 billion baht, the 26% growth compared to last year. To accentuate brand awareness, the company plans to launch new air conditioner line with the Super IFD technology that effectively handles small

Deals Worth Nearly 80 Billion Sealed at Fruitful 2018 Hainan Winter General—20 Dec 18

On December 16, the 5-day 2018 China (Hainan) International Tropical Agricultural Products Winter Trade Fair (Winter Fair) was concluded in Haikou. Deals worth RMB 77.237 billion were signed during the fair, hitting a record high. In addition, the fair

KBank Private Banking ends the year with four awards granted by global institutions Revising Stcoks—20 Dec 18

KBank Private Banking announces its consistent success throughout 2018, securing Thailand's private banking leadership with more than 11,000 clients and assets under management (AUM) of THB750 billion, up 8 percent. Ongoing development will be carried on

Bangkok Bank reserves ATM cash of Baht 40 billion for the New Year holiday while its 300 micro Stcoks—19 Dec 18

Bangkok Bank has prepared more than Baht 40 billion in cash reserves at 10,000 ATMs nationwide to serve customers during the New Year holiday. Meanwhile, the bank's 300 micro branches in shopping malls will be open for business every day during the

Singha Estate unveils its commercial business expansion plan to invest 15 billion baht to develop Properties—17 Dec 18

"Singha Estate" emphasizes on its leadership as a premier lifestyle developer and envisions the growth prospect of commercial business in high potential location, especially those where have convenient transportation and planned mass-transit hubs in the

CAT unveils digital business plan to support Thailand 4.0 IT—17 Dec 18

CAT has revealed that it generated more than thirteen billion baht of revenue over the first 11 months of the year. The company is planning to develop digital solutions for the Internet of Things (IoT), Big Data, and Cyber Security next year. It aims at

Lazada#s 11.11 and 12.12 shopping extravaganzas smash records with 1.3 billion Events—14 Dec 18

Southeast Asia's leading eCommerce firm Lazada continues its record-breaking streak, drawing a whopping 1.3 billion visits to its platforms during its 11.11 and 12.12 shopping festivals. The buying frenzy, which started from the Lazada 11.11 (November

Asset World Retail invests over 1 billion baht on the latest shopping center project in Bang Phlee, Properties—13 Dec 18

Mr. Soammaphat Traisorat, Chief Executive Officer, and Mrs. Wallapa Traisorat, Executive Director of the Asset World Corporation Group, together with an executive team, attended The First Piling Ceremony of the Tawanna Bangphlee Project, the latest

KBank launches QR KBank the first Thai banks e-wallet in foreign country with Lao PDR as the first Stcoks—11 Dec 18

KASIKORNBANK (KBank) introduces the "QR KBank" – an e-wallet application to grant an access to financial services for residents of Vientiane, Lao PDR, which will be effective on December 11, 2018. This application that offers cashless convenience

RS reveals vision for 2019, aiming for horizontal growth and 5 billion baht total revenue, the Events—11 Dec 18

RS reveals its vision for 2019 with a concept of "Horizontal Integration" for horizontal expansion to new business opportunities. The strategy focuses on diversification in order to diversify its businesses and introducing new additions. The aim for next

King Salman Energy Park Sparks New Era of Growth for Saudi Arabias Energy Energy—11 Dec 18

- When operational, the project is expected to contribute more than $6 billion to Saudi Arabia's GDP annually and create up to 100,000 direct and indirect jobs HRH Crown Prince Mohammed bin Salman bin Abdulaziz today broke ground on the King Salman

PDI restructures its businesses turning around into profit with the focus for sustainable growth Stcoks—11 Dec 18

"Sadawut Taechaubol" – as a new leader of PDI announced to move forward to restructure the current businesses with primary focus on sustainable growth, and to sell assets from zinc business including factory land in Rayong. With PDI's financial