BILLION Press Releases

Fitch Ratings - Bangkok - 29 Jul 2020: Fitch Ratings (Thailand) has affirmed the 'AAA(tha)' National Long-Term Rating on the Central American Bank for Economic Integration's (CABEI) THB1.235 billion senior unsecured bonds due 2021. KEY RATING

Hikvision, an IoT solution provider with video as its core competency, has released its financial results for the first half of 2020. During the period, Hikvision generated a revenue of RMB 24.27 billion with a year-over-year (YoY) increase of 1.45%, and

Raimon Land Public Company Limited (“RML” or “the Company”), Thailand’s leading developer of luxury real estate, announced its plan to boost revenue and liquidity is on track with presales revenue of THB 1.329 billion

From January 2019 to June 2020, international and local investors have filed 116 investment promotion applications for food processing and drinks manufacturing projects in Thailand, representing a total value of 18.8 billion baht (ca. 600 million US

In 2019 alone, over $124 billion was spent on cybersecurity. In spite of this, however, many security teams are still struggling to keep up. Their challenges include having too many consoles to monitor, alert overload, a reliance on manual processes, and

Krungsri (Bank of Ayudhya PCL and its business units) reported the financial performance for the first half of 2020 with a net profit of 13.5 billion baht, representing a 31.4% decrease from 1H/19. The acute contraction was attributed to the

Siam Commercial Bank and its subsidiaries reported consolidated net profit (based on unaudited financial statements) of Baht 8.4 billion for the second quarter of 2020. While net profit fell 24% yoy mainly from higher provisioning, pre-provision

KTC reports its Q2/2020 business operations, announcing a net profit for the first half-year of 2.790 billion. Port of receivables grew 8.3 percent, with aims to push “P BERM” secured loans to penetrate the market along with Pico and Nano

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 under ICBCTL's THB50 billion

Asia Pacific mandate with a focus on acquiring hospitality assets in Thailand with turnaround and value add potentialThe company plans to acquire a portfolio of 12-15 hotels over the next 18 months with capital values ranging up to 1.5 billion Baht.

Zuellig Pharma, a leading healthcare services provider in Asia, announces the appointment of John Graham as its new CEO. John will run the US$13 billion business and lead the team across 13 markets in Asia. He joined Zuellig Pharma in 2018 to oversee

Africa Mobile Networks (AMN) is pleased to announce that it now processes more than 1 billion phone calls annually for subscribers in previously unconnected rural areas in Sub-Saharan Africa. In June 2020, AMN processed 91,623,222 voice calls,

“Morphosis Apps” continues to penetrate the online platform market worth 200 billion, through their expertise in UX strategies focusing on ease of use, accessibility for users, closing blind spots and fixing applications hard to use In this

Fitch Ratings (Thailand) Limited has affirmed the National Long-Term Rating of residential-property developer Risland (Thailand) Company Limited's (RLT) THB1.5 billion guaranteed debentures due 2022 at 'AA(tha)'. The Outlook is Stable. KEY RATING

Fitch Ratings (Thailand) has assigned IRPC Public Company Limited's (A-(tha)/Stable) upcoming THB28 billion medium-term debenture programme a National Long-Term Rating of 'A-(tha)'. Debentures under the programme will be senior unsecured with a maturity

The World's Largest Green Hydrogen Project Will Supply 650 Tons Per Day of Carbon-Free Hydrogen for Transportation Globally and Save the World Three Million Tons Per Year of CO2 Air Products, in conjunction with ACWA Power and NEOM, announced the

- A consortium of Her Majesty's Government (HMG) (through the UK Secretary of State for Business, Energy and Industrial Strategy) and Bharti Global Limited have committed to provide more than USD$1 billion to acquire OneWeb and fund the full restart of

Washing your hands thoroughly with soap reduces the spread of disease and can help prevent COVID-19 infection. But for approximately 3 billion people around the world, this step is out of reach. According to UNICEF, 40% of the world’s population

- Thailand is the first country in South East Asia to commence commercial deployment of 5G in March this year. Ericsson (NASDAQ: ERIC) expects the global number of 5G subscriptions to top 190 million by the end of 2020 and 2.8 billion by the end of

Krungsri(Bank of Ayudhya PCL) unveiled the latest progress in arranging soft loans for small and medium-sized enterprises (SMEs) affected by the outbreak of the 2019 coronavirus or COVID-19 through the soft loan scheme offered by the Bank of Thailand

A new report released by the Global Fund today estimates that countries affected by HIV, tuberculosis and malaria urgently need US$28.5 billion to protect the extraordinary progress achieved in the fight against the three diseases in the past two

June 18, 2020 marked the 10th anniversary of the establishment of Chongqing Liangjiang New Area. According to Chongqing Liangjiang New Area Administrative Committee, the region's GDP increased from 100.2 billion yuan to 339.1 billion yuan from 2010 to

Thailand Convention and Exhibition Bureau (TCEB), with one billion baht budget allocation, outlines its strategies to bring MICE industry (Meetings, Incentives, Conventions and Exhibitions) back to life by stimulating domestic market, heavily bidding for

The Thailand Board of Investment (BOI) today approved five large-scale projects with a total investment value of 41.8 billion baht (US$1.35 billion) and measures to strengthen the country’s agricultural sector and agro-industry in line with the BCG

JAS reported a net profit of 4.766 billion baht in the first quarter of 2020, a four percent increase from Q1 2019’s 4.588 billion baht. The company and its subsidiary have accumulated 6.898 billion baht (Consolidate Financial Statement) and 13.604

Alibaba Group Holding Limited (NYSE: BABA; HKEX: 9988; “Alibaba”, “Alibaba Group” or “Group”) today announced that it has contributed around RMB3.4 billion to support the global fight against Covid-19, which includes

BTS Group Holdings Public Company Limited (BTS Group) posted an excellent set of financial results for fiscal year 2019/20 (from April 2019 to March 2020). In spite of slowdown in the last quarter of fiscal year due to the outbreak of the coronavirus

Q1 total sales down 4.3 pct y-o-y to THB 2.68 trillionNet profits fell 60.5 pct y-o-y to THB 98.52 billion during Jan-MarFood & Beverage, Finance & Securities and Packaging sectors reported earnings growth. BANGKOK, May 22, 2020 - Securities

Q1 aggregate net profit down 58.58 percent y-o-y to THB 717 millionCombined sales down 1.56 percent to THB 42.13 billionResources industry group recorded sales and net profit growth. Companies listed on Market for Alternative Investment (mai) reported

Fitch Ratings (Thailand) has downgraded the National Short-Term Rating on Esso (Thailand) Public Company Limited's (Esso) bills of exchange revolving programme of up to THB12 billion to 'F2(tha)' from 'F1(tha)'. The maturity of each series of bills is no