Friday August 7, 2020 04:51

BILLION Press Releases

Fitch Affirms Central American Bank for Economic Integration's THB Bonds at Stcoks—04 Aug 20

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 releases 2020 H1 financial results IT—30 Jul 20

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

RML on track with its full year revenue target, continues to focus on its plan and strategies to Properties—30 Jul 20

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

The Increasing Investments in Thailand’s Food Sector Reflects the Confidence in Thailand Events—24 Jul 20

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

Accelerate Security Operations with SOAR Across the Security Fabric IT—22 Jul 20

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 records a net profit of 13.5 billion baht in 1H/20, underscoring loan growth of Stcoks—22 Jul 20

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

SCB ANNOUNCED SECOND-QUARTER PROFIT OF BAHT 8.4 BILLION AND FIRST-HALF PROFIT OF BAHT 17.6 Stcoks—21 Jul 20

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 announces 2.790 billion in Q2 profits with aims to adjust business model for long-term Stcoks—20 Jul 20

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 Rates ICBCTL's Senior Notes 'AAA(tha)' Stcoks—16 Jul 20

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

Destination Capital Formed as Investment Fund to Revive Hospitality Properties—15 Jul 20

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 appoints John Graham as new CEO Heathcare—14 Jul 20

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

AMN Passes Milestone of 1 Billion Phone Calls Per Year IT—13 Jul 20

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 IT—10 Jul 20

“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 Affirms Risland (Thailand)'s Guaranteed Debentures at 'AA(tha)' Stcoks—09 Jul 20

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 Rates IRPC's New Debenture Programme 'A-(tha)' Stcoks—09 Jul 20

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

Air Products, ACWA Power and NEOM Sign Agreement for $5 Billion Production Facility in NEOM Powered Energy—08 Jul 20

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

OneWeb Announces HMG and Bharti Global Limited Consortium as Winning Bidders in Court-supervised Events—07 Jul 20

- 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

LIXIL introduces the SATO Tap, a novel handwashing station that aims to improve hygiene for Events—02 Jul 20

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

Ericsson Mobility Report: COVID-19 impact shows networks’ crucial role in IT—29 Jun 20

- 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 makes progress on BOT soft loan scheme, providing soft loans worth 9.3 billion baht to Stcoks—26 Jun 20

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

Global Fund COVID-19 Report: Deaths from HIV, TB and Malaria Could Almost Double in 12 Months Heathcare—24 Jun 20

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

Chongqing Liangjiang New Area kicks off second venture General—22 Jun 20

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

Revitalize MICE; TCEB to spend one billion baht to boost domestic MICE, upgrade hygiene standards Events—19 Jun 20

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

Thailand BOI Approves Over 40 Billion Baht in Large Scale Projects, Commits to Sustainable Events—17 Jun 20

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 Q1 earnings rises, reporting more than 10 billion baht profit, as 'Work From Home’ Stcoks—08 Jun 20

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 Contributes RMB3.4 Billion to Support the Global Fight against General—05 Jun 20

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 FY 2019/20 NET PROFIT GROWS 184% YoY TO 8.2 BILLION BAHT AGAINST THE COVID-19 PANDEMIC Stcoks—02 Jun 20

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

Economic slowdown and oil price war bring down Thai listed companies’ first-quarter net Stcoks—25 May 20

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

mai-listed firms post first-quarter net profit of THB 717 million Stcoks—25 May 20

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 Downgrades Esso (Thailand)'s Bills of Exchange to 'F2(tha)' from Stcoks—22 May 20

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