Wednesday February 26, 2020 20:09
BILLION Press Releases
Standard Chartered has today announced new business targets for supporting its clients as they transition to a low carbon economy as part of its Sustainability Aspirations. By the end of 2024, the Bank commits to: - providing USD40 billion of project
Lingerie brand Sabina revealed that its business performance in 2019 resulted in total sales worth 3.279 billion baht, of which net profit accounted for 413.2 million baht. These figures signify a 14.3% growth compared to the previous year, while the
Partnership to incorporate the Hilton Hotels & Resorts, LXR Hotels & Resorts and Conrad Hotels & Resorts brands and Hilton Honors loyalty program into US$4.3 billion integrated resort experience Resorts World Las Vegas and Hilton (NYSE: HLT)
Sermsuk Public Co., Ltd., which produces CRYSTAL, Thailand's favorite quality drinking water, maintained its leadership position throughout 2019 as the No. 1 brand in the country's 35-billion-baht drinking water market. Sermsuk started its 2020 journey
- With more than 1.1 billion streams, John Legend's song "All of Me" is the top love song globally on Spotify just in time for Valentine's Day To all the lovers and romantics out there, Spotify has revealed some heart warming data on the top love songs
- Substantial upfront investments: one billion euros annually for the mobility of the future - Bosch CEO Denner: "As an innovation leader, we are helping to shape the move to alternative mobility and seizing our opportunities." - Bosch CFO
The total hotel investment volume in Thailand declined to THB3.7 billion in 2019 from the record year of THB20.5 billion in 2018. Lower availability of investment grade hotel assets that were put up for sale contributed greatly to the significant drop in
Noble Development Public Company Limited announced the success of 2019 with the highest ever performance in the Company's history amounting more than THB 15 billion approximately from the full-year revenue. Looking forward to 2020, Noble has planned to
- Provisions decreased by 48.7% YoY resulting from remedial actions to improve the assets quality. - Operating income increased by THB 472.5 million to THB 14.2 billion YoY. - Higher net interest income of THB 160.6 million YoY. - Net fee and service
Unique Construction and Engineering PCL, the leading construction company in Thailand, prepares to issue and offer 3-year debentures to the public in the amount upto THB 3 billion. The debentures, which coupon will be 3.70% p.a., the company being rated
Siam Commercial Bank and its subsidiaries reported 2019 pre-provision operating profit (PPOP) of Baht 95.6, up 30% yoy. This strong PPOP growth from 2018 was primarily driven by the recognition of extraordinary gains from sale of SCB Life. Nevertheless,
Thailand is attracting billions of baht of investments in bioplastics from global and local players seizing the opportunities the country offers as a production hub for bio-based industries due to its abundant raw materials, existing value chain and
Bangkok Bank will be reserving more than Baht 40 billion of cash at its 1,000-plus branches, including micro branches, and its nationwide network of 10,000 ATMs in order to meet the higher demand during the Chinese New Year festival. The bank will also
KASIKORNBANK plans to allocate cash reserves of 43.7 billion Baht for KBank Branches and K-ATMs to serve customers during the upcoming Chinese New Year festival, January 22-25, 2020. Of that total, 22.8 billion Baht is for branches nationwide, including
SiteMinder, the global market leader in hotel guest acquisition software, has completed a capital raise from international and Australian investors of the highest quality. The raise was led by equity funds managed by BlackRock. Other investors include
- Opportunity2030 study reveals the almost USD10 trillion private-sector investment opportunity in contributing to the UN Sustainable Development Goals (SDGs) in emerging markets - At around USD40 billion, the greatest private-sector opportunity in
KTC raises the bar consecutively for seven years, announcing 2019 net profits of 5.524 billion, a 7.5 percent growth. Credit card account soared the highest in the past three years. Managed to continue controlling NPLs at low levels. Announces 2020 goal
"Thaniya Group" Thailand's forefront real estate developer is planning to invest more than 1 billion baht on a renovation project of Thaniya Plaza. The biggest makeover project within three decades will cover the refurbishment of its exterior and
QNB, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the year ended 31 December 2019. Net Profit for the year ended 31 December 2019 reached QAR14.4 billion (USD3.9 billion), an increase of 4%
- Frasers Property Thailand has successfully issued debentures worth THB 5 Billion with maturity tranches ranging from 3 years to 10 years at an average coupon of 2.5%. Frasers Property (Thailand) Public Company Limited or "FPT", a leading provider of
The Stock Exchange of Thailand (SET) Index ended 2019 at 1,579.84 points, up 1 percent from the previous year, while the average daily trading value of SET and Market for Alternative Investment (mai) in 2019 fell 7 percent to THB 53.19 billion (USD 1.77
The total value of investment applications received by the Thailand Board of Investment (BOI) for the full year 2019 reached 756.1 billion baht (about USD25 billion), above the 750 billion baht target, while the number of projects submitted increased 7%
Emaar, the master developer of the Burj Khalifa, wowed over 2 billion people across the globe with a breathtaking pyrotechnic show on the world's tallest building to ring in 2020. In a mesmerising story, the Burj Khalifa transformed through animation,
Indorama Ventures Public Company Limited (IVL), a global chemical producer, has today completed its acquisition of Huntsman's world-class integrated oxides and derivative businesses, including a large flagship site on the US Gulf Coast (USGC) at Port
Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion") (1157.HK) is celebrating a new milestone as its tower crane sales crossed the 10 billion yuan (USD 1.43 billion) mark in 2019, making it the first global company in the market to
Asset World Corporation, Thailand's leading lifestyle real estate development company, announced its acquisition of 12 real estate projects in hospitality and mixed-development under the 2019 Share Purchase Agreement. The acquisition willimmediately add
- Frasers Property Industrial REIT Management (Thailand) Company Limited ("FIRM") annouced the offering of additional trust units for the second capital increase of Frasers Property Thailand Industrial Freehold & Leasehold REIT ("FTREIT") by mean of
Investment in Asia Pacific real estate has reached US$125 billion in the first three quarters of 2019, up 10 per cent year-on-year, and is set for another strong year in 2020, says JLL. According to the real estate consultancy, foreign investments into
Bangkok Bank has prepared more than Baht 30 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