Tuesday July 23, 2019 06:01

BILLION Press Releases

Fitch Affirms Mercedes-Benz (Thailand)#s MTN Programme at #AAA(tha)# Stcoks—19 Jul 19

Fitch Ratings-Bangkok-19 July 2019: Fitch Ratings (Thailand) Limited has affirmed the National Long-Term Rating on Mercedes-Benz (Thailand) Limited's (MBTh) medium-term note (MTN) programme of up to THB15 billion at 'AAA(tha)'. The Outlook is Stable. At

Venture Global Secures Binding Commitments of over $10 billion for its $5.8 billion Calcasieu Pass General—19 Jul 19

Venture Global LNG, Inc. is proud to announce that the company's $5.8 billion Calcasieu Pass LNG construction financing has received over $10 billion in binding commitments from Initial Coordinating Lead Arrangers. The transaction is nearly two times

SCB ANNOUNCED SECOND-QUARTER PROFIT OF BAHT 11.0 BILLION AND FIRST-HALF PROFIT OF BAHT 20.1 Stcoks—19 Jul 19

Siam Commercial Bank and its subsidiaries announced total operating income of Baht 36.0 billion in the second quarter of 2019, up 4.9% yoy, with the increase largely attributable to robust net interest income (NII) growth. Strong operating profit

Brain Health Supplements Market Expecting an Outstanding Growth Till Heathcare—17 Jul 19

The global brain health supplements market size is expected to reach USD 10.7 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.2% over the forecast period. Growing health concerns over depression, anxiety,

SET welcomes AIMCG REIT on July 12 Stcoks—11 Jul 19

The Stock Exchange of Thailand (SET) will list AIM Commercial Growth Leasehold Real Estate Investment Trust worth THB 2.88 billion (approx. USD 93 million) on July 12, 2019, under the ticker symbol "AIMCG". SET Senior Executive Vice President Manpong

CleverTap Partners With Vonage to Enable the WhatsApp Business Solution via Nexmo Messages IT—11 Jul 19

Businesses can instantly reach billions of users to provide convenience, support and personalization on the go CleverTap, the full-stack customer lifecycle management platform, today released an integration with Nexmo, the Vonage API Platform, and its

QNB Group: Financial Results for the Six Months Ended 30 June 2019 Stcoks—11 Jul 19

QNB, one of the leading banks in the Middle East, Africa and Southeast Asia (MEASEA) region, announced its results for the six months ended 30 June 2019. For the six months ended 30 June 2019, Net Profit reached QAR7.4 billion (USD2.0 billion), up by 4%

mai welcomes property developer ARIN on July 10 Stcoks—09 Jul 19

Market for Alternative Investment (mai) will list Arinsiri Land pcl, a property developer in eastern Thailand, on July 10,under the ticker symbol "ARIN". The company has a market capitalization at its initial public offering (IPO) of THB 1.1 billion

JOHN LOMBARD NAMED CHIEF EXECUTIVE OFFICER, ASIA PACIFIC, FOR NTT LTD IT—09 Jul 19

Previous Dimension Data Asia Pacific CEO takes over responsibilities for newly created NTT global business for the region NTT Ltd, the new USD 11 billion global technology services company today announced the appointment of John Lombard as the Chief

The 24th China (Guzhen) International Lighting Fair (GILF) is Poised to Attract Global Attention Properties—09 Jul 19

The 24th China (Guzhen) International Lighting Fair (Autumn) ("GILF") will be held on 22-26, October, 2019 at the Guzhen Convention and Exhibition Center in Guzhen Town, Zhongshan, Guangdong, China. This extraordinary lighting fair serving 6 billion

Altitude Development joint venture with Japans Creed Group Properties—03 Jul 19

Altitude Development and Creed Group join forces to develop Altitude Unicorn Sathorn-Tha Phra, a high-rise condominium in Talat Phlu, worth 2.4 billion baht. Talat Phlu is an up-and-coming lifestyle area near the CBDs of Bangkok conveniently accessed by

QIA Douglas Emmett Acquires The Glendon - Los Angeles Properties—02 Jul 19

The Qatar Investment Authority (QIA) and Douglas Emmett, Inc. (NYSE: DEI) today announced a further $365 million acquisition by their multibillion dollar real estate partnership. This latest investment made an acquisition of The Glendon, a residential

Canton Fair Highlights Chinese RD Capability with Self-owned Brands General—02 Jul 19

The China Import and Export Fair (Canton Fair or "the Fair") has seen a significant trade opportunity for self-owned brands. The Fair's Brand Zone has achieved trade volume of USD 8.56 billion at its recently-closed 125th exhibition, accounting for 28.8

XCMG Ranks 65th in World Brand Lab#s 2019 China#s 500 Most Valuable Brands with 71.365 Billion General—01 Jul 19

XCMG, a leading Chinese construction machinery manufacturer with a brand value of 71.365 billion yuan (USD 10.3775 billion), has ranked 65th in the 2019 edition of China's 500 Most Valuable Brands released by World Brand Lab on June 26 in Beijing, China,

Saudi Aramco Signs 12 Agreements With South Korean Partners Worth Billions of Energy—27 Jun 19

- The agreements demonstrate Saudi Aramco's commitment to South Korea's energy security and development - The agreements cover ship building, engine manufacturing, refining, petrochemicals, as well as crude supply, sales, and storage Saudi Aramco and

Fitch Rates Bangkok Commercial Asset Management#s Senior Notes #AA-(tha)# Stcoks—26 Jun 19

Fitch Ratings-Bangkok-26 June 2019: Fitch Ratings (Thailand) has assigned Bangkok Commercial Asset Management Public Company Limited's (BAM; AA-(tha)/Negative) upcoming senior unsecured notes of up to THB15.0 billion a rating of 'AA-(tha)'. The notes

Suning.com announces the acquisition of Carrefour China to achieve leaping development of FMCG Events—24 Jun 19

Suning.com (the Company), the Fortune Global 500 retailer owned by Suning Holdings Group, one of the largest commercial enterprises in China, announced today it would buy an 80% equity stake in Carrefour China for EUR620 million (RMB 4.8 billion). After

Suning#s Tax-free Subsidiary Laox Announced a Fundraising of 10.1 Billion Japanese Yen to Expand Events—20 Jun 19

On June 19, Laox, the largest comprehensive tax-free company in Japan, disclosed its intention to raise funds through targeted additional shares issuance for GRANDA GALAXY, a wholly-owned subsidiary of Suning Appliance Group, and GLOBAL WORKER, a

The Creators HQ injects ฿1.5 billion to penetrate into the new luxury segment with Common Properties—18 Jun 19

The company is focused on penetrating the Rangsit area for the first time, kicking off with "Common TU" a new premium high-rise condominium which recently received EIA approval. The Creators HQ has invested as much as 1.5 billion baht to build a premium

86 Percent of Users Stop Using Food Delivery Apps Within the First Two Weeks, shows CleverTap#s IT—13 Jun 19

Analysis of 3+ billion events reveals challenges faced by marketers competing for a share of the $16.6 billion market[1] CleverTap, the full stack customer lifecycle, and marketing platform, today released its Industry Benchmarks for Food Delivery Apps

Forter Achieves US$100 Billion Transaction Milestone Stcoks—12 Jun 19

- Fraud prevention leader doubles transactions processed in 2019; massive volume allows unparalleled visibility into purchasing and fraud trends, protecting its global coalition of merchants & their customers Forter, the leader in e-commerce fraud

Wirecard Enables E-commerce Channel for IKEA Thailand#s First Online Events—11 Jun 19

- Wirecard to provide digital payment services for Swedish furniture brand in Thailand, after implementing its platform services in Singapore and Malaysia - Across Thailand, businesses earned an estimated 3.3 billion euros in revenue through e-commerce

Vanachai Group remodels business to enhance sustainability Woodsmith retail channel, alternative Events—05 Jun 19

Vanachai Group Plc. (VNG), Thailand's leading Wood-based Panel producer, has remodeled its business for greater sustainability and profitability with an aim to achieve 20-billion-baht income by 2022. "Woodsmith" retail and marketing business unit,

Asia-Pacific governments adopt regional actions to fulfil promise of leaving no one behind Nine General—31 May 19

Senior government representatives from across Asia and the Pacific on Friday called for greater efforts to advance equality and empowerment for over four billion people across the region. Over 800 delegates attended the 75th Session of the United Nations

Canton Fair Experiences an Expansion in Trade with Belt and Road Countries General—31 May 19

The recently-closed 125th China Import and Export Fair (Canton Fair or "the Fair") experienced an increase of the trade volume from the countries in the Belt and Road Initiative (BRI) of 9.9 percent, reaching USD 10.63 billion. Trade between BRI

Wirecard and XBN Announce Global Strategic Partnership for International Stcoks—30 May 19

- XBN is a leading e-commerce platform offering comprehensive cross-border trade services in China, covering 45 countries and regions - With more than 200,000 registered suppliers and 600,000 SKUs, in 2018 XBN's trading volume exceeded $6 billion - XBN

CIMB Group announces Profit Before Tax of RM1.60 billion for 1Q19 Stcoks—29 May 19

- YoY PBT declined from lower operating income due to absence of the RM152 million gain from the CSI sale, and higher operating cost, offset by a reduction in loan loss provisions - Better performance QoQ, as PBT grew 6.0% while net profit increased by

DIF to seek June 21 EGMs endorsement of 4th investment round valued up to THB 15.8bn to enhance Events—29 May 19

DIF announced its intention to make the fourth round of investment in telecommunications infrastructure assets and finance them by raising up to THB 15.8 billion through an offering of up to 1.050 billion newly issued units to the existing unitholders

Dusit Thani PCL expands into food business with the launch of Dusit Foods, targets one billion Events—29 May 19

Hospitality company's new food division – officially introduced at the THAIFEX World of Food Asia 2019 event alongside Dusit's new brand of food products – aims to achieve 400 million baht in revenue this year. Dusit Thani Public Company

mai-listed firms deliver higher sales and net profits in Q1/2019 Stcoks—29 May 19

- Resources, Technology, Industrials and Services industry groups posted sales and net profit growth. Companies listed on Market for Alternative Investment (mai), recorded aggregate sales of THB 45.2 billion (approx. USD 1.41 billion) for the first