Saturday November 17, 2018 05:49

Stcoks Press Release : 10 Mar 2016

PRANDA GROUP expands OBM business with an aim for sustainable growth in revenue base. Stcoks—10 Mar 16

As reported by Pranda Group, the Company's overall business operation in recent year has been principally focused on expanding its Own Brand Manufacturing (OBM). By 2015, the proportion of revenue in OBM was increased to 46% of total group's revenue.

Sri Lanka Outlook Revised To Negative On Rising Fiscal And External #B+/B# Ratings Affirmed Stcoks—10 Mar 16

Standard & Poor's--10 Mar--Standard & Poor's

On March 10, 2016, Standard & Poor's Ratings Services revised the outlook on its 'B+' long-term sovereign credit ratings on the Democratic Socialist Republic of Sri Lanka to negative from stable. We also affirmed the long-term rating and the 'B' short-term credit rating and left our transfer and convertibility risk assessment on Sri Lanka unchanged at 'B+'.

RATIONALE

The negative outlook reflects rising pressure on Sri Lanka's external liquidity resulting from a weaker trade balance and remittances, and short-term capital outflows that have eroded its reserve buffers. The outlook also reflects the country's weakened public finances. We expect sizable and rising projected fiscal deficits to push borrowings higher in 2016-2019. In our view, the authorities face significant challenges in effectively addressing the rising imbalance due to institutional constraints and a fragmented political landscape.

The rating constraints on Sri Lanka are the country's weak external liquidity and a high general government net debt burden (at 72% of GDP in 2015). Sri Lanka's general government dedicates a higher share of its revenues to

interest payments and it is among the highest in the world (39% in 2015). With GDP per capita at US$4,000 (2016), Sri Lanka's level of prosperity is lo

Parkson Retail Group Ltd. Downgraded To #B# And #cnB+# On Deteriorating Performance And Outlook Stcoks—10 Mar 16

HONG KONG (Standard & Poor's) March 10, 2016--Standard & Poor's Ratings Services lowered its long-term corporate credit rating on China-based department store operator Parkson Retail Group Ltd. to 'B' from 'BB-'. The outlook is negative. In line

Bank of Communications Co. Ltd.#s Proposed Guaranteed Notes Rated #A-# And Stcoks—10 Mar 16

HONG KONG (Standard & Poor's) March 10, 2016--Standard & Poor's Ratings Services today assigned its 'A-' long-term foreign currency rating to a proposed issuance of senior unsecured bonds by Azure Orbit III International Finance Ltd., a special

Texhong Textile Group Ltd. Ratings Placed On CreditWatch Positive On Strengthening Margin And Stcoks—10 Mar 16

HONG KONG (Standard & Poor's) March 10, 2016--Standard & Poor's RatingsServices placed its 'BB-' long-term corporate credit rating on Texhong TextileGroup Ltd. and the 'BB-' long-term issue rating on its senior unsecured noteson CreditWatch with

Japan Housing Finance Agency#s Series 107 Structured Issuance Assigned Preliminary #AAA (sf)# Stcoks—10 Mar 16

TOKYO (Standard & Poor's) March 10, 2016--Standard & Poor's Ratings Services today said it has assigned its preliminary 'AAA (sf)' rating to Japan Housing Finance Agency's (JHF) series 107 fixed-rate residential mortgage-secured pass-through

Henkel reports successful fiscal 2015 Stcoks—10 Mar 16

"2015 was an excellent year for Henkel. We recorded double-digit growth rates in sales, profits, earnings per share and our proposed dividends. All three business units delivered solid organic growth and significantly improved their profits," said Henkel

International Preschool Curriculum (IPC) poised for further growth and expansion in Malaysia and Stcoks—10 Mar 16

Early childhood education experts from Malaysia and Indonesia gathered together to attend the signing ceremony celebrating the emergence of an exclusive licensee of the International Preschool Curriculum (IPC) for Malaysia and Indonesia. A thirteenth

efin Hosts Luxurious Auto Trade Show After the First Opening in Thailand Brokers Are Lined Up After Stcoks—10 Mar 16

efin is moving ahead to reaffirm its leadership in every investment dimension to create professional investors and support one-stop capital market development. efin showed its performance after opening the Auto Trade function in line with current

TRIS Rating Affirms Company Senior Unsecured Debt Ratings and Outlook of GLOBAL at Stcoks—10 Mar 16

TRIS Rating has affirmed the company and senior unsecured debenture ratings of Siam Global House PLC (GLOBAL) at "A-" with "stable" outlook. The ratings reflect the company's proven record in the home improvement retailing industry in Thailand,

Photo Release: KBank and the Shizuoka Bank celebrate 5 years of relations Stcoks—10 Mar 16

Recently at KASIKORNBANK, Rat Burana Main Branch, Mr. Banthoon Lamsam (right), KASIKORNBANK Chairman of the Board, and Mr. Katsunori Nakanishi (left), President and CEO of the Shizuoka Bank, Japan's leading financial institution, attended the event to

Photo Release: EXIM Thailand Supports Construction of DLuck Cinematic Theatre, New Innovation in Stcoks—10 Mar 16

Mr. Kematat Saicheur (right), Acting President of Export-Import Bank of Thailand (EXIM Thailand), Mr. Siriwat Vongjarukorn (center), Chairman of the Board of Panjaluck Pasuk Co., Ltd., and Mr. Thanapol Veerathepsuporn (left), Chief Commercial Officer

EXIM Thailand Supports Construction of DLuck Cinematic Theatre, New Innovation in Linkage to Stcoks—10 Mar 16

EXIM Thailand rendered financial support of 475 million baht to Panjaluck Pasuk Co., Ltd. for the Company's D'Luck Cinematic Theatre project in the inner city of Pattaya, Chonburi province. Cinematic theatre is a new entertainment innovation of world

IMF Staff Completes 2016 Article IV Consultation Mission to Zimbabwe and the Third and Final Review Stcoks—10 Mar 16

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF's

World Bank Debars Voestalpine VAE SA (Pty) Ltd for 27 months Stcoks—10 Mar 16

WASHINGTON, March 9, 2016— The World Bank Group announced the debarment of voestalpine VAE SA (Pty) Ltd and its affiliates for a period of 27 months following the company's submission of false information while bidding for a World Bank-financed

Aviation in Tonga and Kiribati Receives Significant Boost Stcoks—10 Mar 16

WASHINGTON D.C., March 9, 2016—The World Bank's Board of Executive Directors today approved additional funding for aviation projects currently underway in Tonga and Kiribati under the overarchingPacific Aviation Investment Program. The Program is

World Bank and Global Environment Facility (GEF) launch new multi-million dollar #Global Platform Stcoks—10 Mar 16

SINGAPORE, March 9, 2016?City leaders from around the world met in Singapore today for the launch of the 'Global Platform for Sustainable Cities', or GPSC, which is part of an initiative funded by the Global Environment Facility (GEF) that is expected to

Leading Youth Training and Employment Program Set for Major Boost Stcoks—10 Mar 16

Estimated 15,000 young Papua New Guineans set to benefit from expansion of employment and training program PORT MORESBY, March 9, 2016 — A World Bank-supported program providing thousands of young Papua New Guineans with life skills and employment

Emerging Economies Drive Global Trade Volatility in 2015 Stcoks—10 Mar 16

WASHINGTON, March 9, 2016—After dramatically declining in the first half of 2015, global trade recovered but at a slower pace over the rest of the year, so that world imports grew by only 1.7 percent in 2015 compared to 3 percent in 2014. According

Dewan Housing Finance Corp. Ltd. Assigned #BB# Long-Term Outlook Stable Stcoks—10 Mar 16

SINGAPORE (Standard & Poor's) March 10, 2016--Standard & Poor's Ratings Services today said it has assigned its 'BB' long-term issuer credit rating to India-based Dewan Housing Finance Corp. Ltd. (DHFL) The outlook is stable. The rating on DHFL

Dewan Housing Finance Corp. Ltd. Assigned #BB# Long-Term Outlook Stable Stcoks—10 Mar 16

SINGAPORE (Standard & Poor's) March 10, 2016--Standard & Poor's Ratings Services today said it has assigned its 'BB' long-term issuer credit rating to India-based Dewan Housing Finance Corp. Ltd. (DHFL) The outlook is stable. The rating on DHFL

Campaign Monitor Finance Pty Ltd. Rating Lowered To #B-# On Higher Outlook Stcoks—10 Mar 16

MELBOURNE (Standard & Poor's) March 10, 2016--Standard & Poor's Ratings Services said today that it has lowered its long-term rating on Campaign Monitor Finance Pty Ltd. and the company's term loan B debt facility to 'B-' from 'B'. The recovery

Jefferson Union High School District, CA GO BAN Rating Raised To #SP-1+# Due To Assessed Value Stcoks—10 Mar 16

SAN FRANCISCO (Standard & Poor's) March 9, 2016--Standard & Poor's Ratings Services raised its rating to 'SP-1+' from 'SP-1' on Jefferson Union High School District, Calif.'s general obligation (GO) bond anticipation notes (BANs). At the same

Aiken County Consolidated School District, SC GO Debt Upgraded To #AA# From #AA-# On Strong Stcoks—10 Mar 16

WASHINGTON D.C. (Standard & Poor's) March 9, 2016--Standard & Poor's Ratings Services raised its underlying rating for credit program on Aiken County Consolidated School District (CSD), S.C.'s general obligation (GO) debt outstanding one notch to

University Of Pennsylvania Health System#s 2016 Bonds Rated #AA-# Stcoks—10 Mar 16

NEW YORK (Standard & Poor's) March 9, 2016--Standard & Poor's Ratings Services assigned its 'AA-' long-term rating to Lancaster County Hospital Authority, Pa.'s series 2016 bonds issued for the University of Pennsylvania Health System(UPHS). In

CEMEX S.A.B. de C.V. $500 Million Senior Secured Notes Due 2026 Rated #B+# (Recovery Rating: Stcoks—10 Mar 16

MEXICO CITY (Standard & Poor's) March 9, 2016--Standard & Poor's Ratings Services assigned its 'B+' issue-level rating and recovery rating of '3H' to CEMEX S.A.B. de C.V's (global scale: B+/Positive/--; national scale: mxBBB/Positive/mxA-2) $500

New York City Transitional Finance Authority#s Fiscal 2016 Series S-1 Bonds Rated #AA# With A Stcoks—10 Mar 16

NEW YORK (Standard & Poor's) March 9, 2016--Standard & Poor's Ratings Services assigned its 'AA' rating to New York City Transitional Finance Authority's (TFA) $750 million building aid revenue bonds, fiscal 2016 series S-1, and affirmed its 'AA'