Wednesday February 26, 2020 20:09

BILLION Press Releases

Standard Chartered commits USD75bn towards Sustainable Development Goals Stcoks—25 Feb 20

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

Sabinas online success boosts growth to 14.3% in 2019 Pleased by its great performance, the company rewards shareholders with 1.19 baht dividend per share Events—24 Feb 20

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

Resorts World Las Vegas and Hilton Partner to Introduce New Multi-Brand Las Vegas Stcoks—21 Feb 20

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)

CRYSTAL Enjoys 20.4% Market Share, Taking the Lead in the 35-billion-baht Drinking Water Market, Events—14 Feb 20

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

John Legend is revealed as the Legend of Love this Valentines Day Entertainment—12 Feb 20

- 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

Bosch: broad portfolio ensures sales remain high adverse environment impacts Events—11 Feb 20

- 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

Thailands Hotel Investment Volume Dips in 2019 Properties—04 Feb 20

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 UNVEILS 2020 BUSINESS PLAN TO LAUNCH 7 PROJECTS WORTH THB 25 BILLION AND TARGETS SALES MORE Properties—23 Jan 20

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

CIMB THAIs net profit for 2019 surges 216-fold from 2018 to THB 1,501.6 Stcoks—22 Jan 20

- 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

UNIQ to issue 3-year debentures with 3.70% return per year, subscription period 11-13 February, to Events—20 Jan 20

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

SCB ANNOUNCED 2019 NET PROFIT OF BAHT 40.4 BILLION WITH A SPECIAL DIVIDEND OF BAHT 0.75 PER Stcoks—20 Jan 20

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 Board of Investment Points Out the High Potential for Thailand to Be Bioplastics Events—17 Jan 20

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 reserves cash of Baht 40 billion to meet demand during the Chinese New Year festival Stcoks—17 Jan 20

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

KBank earmarks cash reserves 43.7 billion Baht for 2020 Chinese New Year Stcoks—17 Jan 20

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 breaks through billion-dollar valuation, raises new capital to fuel global Events—17 Jan 20

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

Thailand presents a USD58 billion opportunity for the private sector to invest in sustainable Stcoks—17 Jan 20

- 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 achieves new high profits consecutively for seven years with plans to pay dividends of not less Stcoks—16 Jan 20

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 Plaza to undergo major renovation for the first time in three decades The makeover will add Events—15 Jan 20

"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 Group: Financial Results for the Year Ended 31 December 2019 Stcoks—15 Jan 20

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#s THB 5 Billion debenture more than two times Events—15 Jan 20

- 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

SET market report for 2019 Stcoks—08 Jan 20

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

Board of Investment Unveils Thailand 2019 Investment Applications Worth USD25bn, Higher than Events—14 Jan 20

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%

The World#s Tallest Building, Burj Khalifa, Captivates the Globe With Emaar#s Spectacular New Lifestyle—07 Jan 20

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 Concludes US$2 Billion Acquisition of Huntsmans Integrated EO PO Events—06 Jan 20

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#s Tower Crane Sales Top 10 Billion Yuan in 2019 General—03 Jan 20

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 invests Bt 26.229 billion to acquire Group 3 assets as planned to Properties—02 Jan 20

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

FTREIT Announces Second Capital Increase Worth 3 Billion Baht in January Events—27 Dec 19

- 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

Real estate investment activity in Asia Pacific to outperform other regions in Properties—25 Dec 19

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 reserves ATM cash of Baht 30 billion for the New Year holiday while its 300 micro Stcoks—24 Dec 19

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