BILLION Press Releases IMF Executive Board Approves US$50 Billion Stand-By Arrangement for Argentina The Executive Board of the International Monetary Fund (IMF) today approved a three-year Stand-By Arrangement (SBA) for Argentina amounting to US$50 billion (equivalent to SDR 35.379 billion, or about 1,110 percent of Argentina's quota in the IMF). The th-TH Thu, 21 Jun 2018 19:07:00 +0700 PDI continues its investment plan in the second half of 2018 PDI is speeding up its new investment plan to achieve its target in the second half of this year. Thanks to PDI#s recent strong financial performance, the company now has more than 2 billion baht ready to invest. The company#s solar farm business is Wed, 20 Jun 2018 14:51:58 +0700 mai welcomes dietary supplement manufacturer DOD Biotech on June 20 Market for Alternative Investment (mai) will list DOD Biotech pcl, a dietary supplement manufacturer, on June 20, under the ticker symbol DOD. The company has a market capitalization at its initial public offering (IPO) of THB 3.81 billion (approx. USD Wed, 20 Jun 2018 8:48:18 +0700 JUBILEE DIAMOND proudly presents more than 20,000 precious pieces, over a billion Baht in value at the Jubilee Diamond Mid Year Expo 2018, the grand festival for diamonds and diamond jewelry JUBILEE DIAMOND proudly presents more than 20,000 precious pieces, over a billion Baht in value at the Jubilee Diamond Mid Year Expo 2018, the grand festival for diamonds and diamond jewelry. Expected to stimulate its mid year sales, Jubilee Diamond Tue, 19 Jun 2018 15:22:23 +0700 AAPICO Hitech partners with VINFAST to establish joint venture manufacturing Body in White in Vietnam AAPICO Hitech Plc, one of Thailand#s leading auto parts manufacturers with a market cap of THB 12 billion (or approx. US$400 million) has announced a joint venture Memorandum of Understanding (MoU) with VINFAST Trading Production LLC - a member of Tue, 19 Jun 2018 14:43:17 +0700 Tri Propertys Arna #Development to deploy innovative residential concepts, kicking off with Space Condominium Following series of success with six condominium projects worth over Bt3 billion in Bangkok and Phuket, Tri Property is ready to spread its wing to penetrate new business territory via Arna Development to develop new residential concepts covering Tue, 19 Jun 2018 11:30:05 +0700 KLeasing adheres to Data Analytics strategy In an effort to hit 45 billion Baht for 2H18 KLeasing is prepared for the uptrend of auto market in the second half of 2018, and aims to extend 45 billion Baht of financing. The company is on track to undertake comprehensive development of its products, including digital channels, and to employ Mon, 18 Jun 2018 13:49:09 +0700 Thai entertainment and media revenues to reach $14bn in 2022: PwC Thai entertainment and media (EM) spending is forecast to reach US$14 billion (THB 478 billion), growing at a compound annual growth rate (CAGR) of 6.5% through 2022, according to PwC#s Global entertainment and media outlook 2018-2022. Total global Fri, 15 Jun 2018 12:10:10 +0700 World Bank Supports Regional Connectivity and Renewable Energy in Pakistan WASHINGTON, June 14, 2018 - The World Bank is committing over half a billion dollars through two projects to support renewable energy in Sindh and expand economic activity between Pakistan and Afghanistan through the development of an economic corridor Fri, 15 Jun 2018 9:08:24 +0700 MDB Climate Finance Hit Record High of US$35.2 billion in 2017 An increase of nearly 30 per cent on the previous year, boosting projects that help developing countries cut emissions and address climate risks. WASHINGTON, June 13, 2018 Climate financing by the world#s six largest multilateral development Thu, 14 Jun 2018 8:56:45 +0700 IMF Managing Director Christine Lagarde Welcomes Argentina Governments Economic Policy Plans Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today on the Argentina government#s Letter of Intent and Memorandum of Economic Policies requesting a US$50 billion Stand-by Arrangement Thu, 14 Jun 2018 8:43:00 +0700 Renault - Nissan - Mitsubishi Increase Annual Synergies to EUR5.7 Billion - Further convergence underway in Aftersales, Quality Total Customer Satisfaction and Business Development - The Alliance reaffirms synergy target of more than EUR10 billion by the end of 2022 Renault - Nissan - Mitsubishi today reported a 14% Wed, 13 Jun 2018 13:46:40 +0700 Johnson Johnson Announces Acceptance of Binding Offer From Platinum Equity To Acquire LifeScan, Inc. Johnson Johnson (NYSE: JNJ) today announced that it has accepted the binding offer from Platinum Equity, previously announced on March 16, 2018, to acquire its LifeScan business for approximately $2.1 billion. LifeScan, Inc. is a world leader in Wed, 13 Jun 2018 8:00:37 +0700 Origin forms ONE ORIGIN to penetrate hotels and mix-used projects, Targeting 20bn baht investment and going public on SET in five years Origin Property PCL has launched a new subsidiary ONE ORIGIN, led by former executive of the Erawan Group to focus on the group#s recurring income businesses by planning to invest 20 billion baht and get listing on Stock Exchange of Thailand in five Mon, 11 Jun 2018 15:07:50 +0700 BEST WESTERN(R) HOTELS RESORTS MAKES BUSINESS TRAVEL EASIER AND MORE REWARDING WITH BEST WESTERN BUSINESS ADVANTAGE Small to Mid-Sized Businesses Reap Big Benefits with Best Western Business Advantage, Including a $20 Best Western Travel Card(R) After First Stay This Summer With direct spending on business travel totaling more than $317 billion last year, according to Mon, 11 Jun 2018 11:52:27 +0700 INTERNATIONAL DESIGN ICON GETS HEAVY WEIGHT INVESTOR The board of Jacob Jensen Holding A/S has announced that Jobindex founder and IT billionaire Kaare Danielsen has joined Jacob Jensen Design A/S as investor and co-owner. Scandinavia#s most award-winning design consultancy Jacob Jensen Design, which Fri, 08 Jun 2018 14:00:31 +0700 European football market exceeds EUR25 billion for the first time as the #big five leagues continue to drive growth - The European football market generated EUR25.5bn in revenues in the 2016/17 season, according to Deloitte#s Annual Review of Football Finance - The 27th edition covers all of the #big five# European leagues in detail with further insight into others Fri, 08 Jun 2018 11:48:12 +0700 IMF Reaches Staff-Level Agreement with Argentina on a Three-Year, US$50 Billion Stand-By ArrangementJune The Argentine authorities and IMF staff have reached an agreement on a 36-month Stand-By Arrangement (SBA) amounting to US$50 billion (equivalent to about SDR 35.379 billion or about 1,110 percent of Argentina#s quota in the IMF). This staff-level Fri, 08 Jun 2018 8:53:21 +0700 Annual financial results 2017 Bosch continues strong growth in Thailand Thailand top revenue generating market for Bosch in Southeast Asia for the fifth consecutive year - Consolidated sales reach 12.8 billion baht (335 million euros) in Thailand, a 7.5 percent increase from the previous year - Investments of 1.6 billion Tue, 05 Jun 2018 15:08:52 +0700 Microsoft to acquire GitHub for $7.5 billion - Acquisition will empower developers, accelerate GitHub#s growth and advance Microsoft services with new audiences. Microsoft Corp. on Monday announced it has reached an agreement to acquire GitHub, the world#s leading software development platform Tue, 05 Jun 2018 11:56:00 +0700 AccorHotels Completes Acquisition of Mantra Group AccorHotels today announced that it has completed its acquisition of Mantra Group for $1.2 billion. The deal includes the Mantra, Peppers, BreakFree and Art Series brands, representing 138 hotels in Australia, New Zealand, Hawaii and Bali. Michael Mon, 04 Jun 2018 16:44:40 +0700 Victoria Dockside Sets Benchmark with Office Concept and Record-breaking Rental Following its initial launch in April 2018, Victoria Dockside, the ambitious 3 million-square-foot, HK$20billion (US$2.6 billion) global art and design district along Hong Kong#s iconic waterfront, sets a new record in office rental rate in Tsim Sha Fri, 11 May 2018 12:14:59 +0700 BOC Aviation Ltd.#s Senior Unsecured Notes Rated #A-# SINGAPORE (SP Global Ratings) May 15, 2018-SP Global Ratings today assigned its #A-# long-term issue rating to an issuance of senior unsecured notes by BOC Aviation Ltd. (A-/Stable/-) under the company#s US$10 billion global medium-term notes Tue, 15 May 2018 10:28:05 +0700 Fitch Rates MTN Programme of Thailand#s EXIM Final #BBB+# Fitch Ratings-Bangkok/Singapore-15 May 2018: Fitch Ratings has assigned a final rating of #BBB+# to Export-Import Bank of Thailand#s (EXIM, BBB+/Stable) USD1.50 billion senior unsecured medium-term note (MTN) programme. The bank plans to use the proceeds Tue, 15 May 2018 17:20:16 +0700 CPFs sales hit THB120 billion with net profit of THB 3.049 billion Charoen Pokphand Foods PCL (CPF) reported its result operation achieved THB 120.516 billion in the first quarter of 2018, up by 1% year on year. Net profit was THB 3.049 billion, down 23% from the same period in 2017. Growth rate declined due to falling Tue, 15 May 2018 17:45:52 +0700 123rd Canton Fair Closes with Strong Growth As Export Volume Rises by 3.1 Percent The 123rd China Import and Export Fair, widely known as the Canton Fair, has concluded by posting robust growth in the value of deals signed. By the event#s end, total export volume reached 189.197 billion yuan (US$30.08 billion), a 3.1 percent increase Wed, 16 May 2018 10:02:38 +0700 AirAsia Hits Half a Billion Guests! Sixteen Years of Blood, Sweat and Tears In just sixteen years, AirAsia has flown over 500 million guests to over 130 destinations, many of which are unique destinations that only AirAsia flies to. AirAsia Group CEO Tony Fernandes said: We started in 2001 with just 2 planes and 200 Allstars in Wed, 16 May 2018 9:59:16 +0700 KTC on top form in Q1 2018, having boosted net profit by 65 percent to Bt. 1.209 billion. KTC announces Q1 2018 achievements, grew strongly by 65 percent with a net profit of 1.209 billion despite influences of regulations and administrative measures and intense competition in the industry. KTC is in full force to execute a unique marketing Wed, 16 May 2018 10:43:12 +0700 Sankyo Home (Thailand) Joins Forces with Japanese Real Estate Giant Keihan Real Estate to Launch Luxury Condominium, The FINE Bangkok, in the Heart of Thonglor-Ekamai Sankyo Home (Thailand) joins forces with a Japanese real estate firm, Keihan Real Estate, to develop a luxury condominium, The FINE Bangkok Thonglor-Ekamai with a project value of over 1.7 Billion Baht. The project is shine with luxury design in modern Wed, 16 May 2018 11:51:55 +0700 โป๊ป ธนวรรธน์ ร่วมเฉลิมฉลองงาน #HalfABillion ในโอกาสแอร์เอเชียขนส่งผู้โดยสารครบ 500 ล้านคน โป๊ป ธนวรรธน์ วรรธนะภูติ พี่หมื่นของเหล่าออเจ้า ร่วมแสดงความยินดีในโอกาสเฉลิมฉลองแอร์เอเชียจัดงานเฉลิมฉลองผู้โดยสารครบ 500 ล้านคน ภายใต้แคมเปญ #HalfABillion พร้อมมอบรางวัลพิเศษแสดงความยินดีกับ ผู้โดยสารคนที่ 500 ล้าน Wed, 16 May 2018 12:01:26 +0700