Wednesday September 26, 2018 02:22

Stcoks Press Release : 21 Mar 2016

Photo Release: SCB and AP Thailand are offering a special promotion of monthly installments of only 9,999 baht per month for each million baht loan amount for 3 years at the Baan Klang Muang: Limitless Space event Stcoks—21 Mar 16

Siam Commercial Bank (SCB) First Executive Vice President and Head of Mortgage and SSME Products Pikun Srimahunt; AP Thailand PCL Chief Business Officer, Business Development – Townhome Projects, Pamorn Prasertsan; and Chief Officer Vittakarn

Indias stealth rate cut could have an outsized effect Stcoks—21 Mar 16

Singapore--21 Mar--Asian Banker
Singapore: India just ushered in an interest-rate cut, via the backdoor.

Although paying postal-savings depositors slightly less for their cash may appear a minor tweak, the move could end up having a bigger salutary effect on bank balance sheets, and the country's nervous bond market, than the Reserve Bank of India's (RBI's) 125 basis-point reduction since early 2015.

SBI's one- to three-year funds rate: 7.25%

In an unexpected decision on Friday, the government trimmed the one-year time deposit rate on postal savings to 7.1% from 8.4%. By comparison, State Bank of India (SBI), the country's largest lender, pays 7.25% annually for one- to three-year funds.

The nation's tax-free public provident fund (PPF), which is used by the self-employed as well as the salaried, will now offer 8.1%, down from 8.7%.

In aggregate, India's so-called National Small Savings Fund has $144 billion in the pool. To keep the fund from becoming unsustainable, both the central and state governments are forced to borrow from it at more expensive rates than the bond market charges them. The middle class is naturally upset that authorities are no longer keen to expand this kitty by handing out overly generous risk-free returns, but investors in the country's bad loan-addled banks should be chuffed.

France-Based Retail Group Casino Downgraded To #BB+/B# On Operating Weakness Earnings Outlook Stcoks—21 Mar 16

LONDON (Standard & Poor's) March 21, 2016--Standard & Poor's Ratings Servicessaid today it has lowered its long-term corporate credit rating onFrance-based international retailer Casino Guichard-Perrachon & Cie S.A.(Casino or the group) to

Korean Air Lines# US$100 Million Senior Unsecured Notes That Shinhan Bank Guarantees Are Rated Stcoks—21 Mar 16

HONG KONG (Standard & Poor's) March 21, 2016--Standard & Poor's RatingsServices said today that it has assigned its 'A' long-term issue rating to thesenior unsecured floating-rate notes issued by Korean Air Lines Co. Ltd.Shinhan Bank

Morningstar Announces Winners of the Thailand Fund Awards for 2016 Stcoks—21 Mar 16

Morningstar Research (Thailand) Ltd., a subsidiary of independent investment research provider Morningstar, Inc. (NASDAQ: MORN), has announced the winning funds and fund houses for its 2016 Thailand Fund Awards. The annual Thailand Fund Awards recognize

Saha Pathanapibul speculates an economic growth in 2016, aiming at 10% sales increase and Stcoks—21 Mar 16

Saha Pathanapibul shows the trust in the government's economic team, believing that the economy in 2016 is going to be more favorable than that of 2015. The company proceeds to improve its distribution system, including logistics and sale channels. It

Photo Release: EXIM Thailand Promotes Investment in Rubber City Industrial Stcoks—21 Mar 16

Mrs. Wantana Mongkolsri (second right), Senior Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), recently took a group photo with Mr. Pornchai Tarkulwaranont (fifth right), Vice Minister for Industry Ministry, Dr.Verapong

ภาพข่าว: KSAM เปิดตัวกองทุน KF-GPROPD สร้างโอกาสการเข้าถึงการลงทุนในREITและธุรกิจอสังหาริมทรัพย์ทั่ว Stcoks—21 Mar 16

น.ส.ศิริพร สินาเจริญ กรรมการผู้จัดการ บลจ.กรุงศรี พร้อมด้วย Mr.Luke Powell , Investment Director -Real Estate, Standard Life Investments ร่วมจัดงานสัมมนา"Reap a Steady Income from Quality Real Estate around the Globe"

Al Jazeera Shines the Spotlight on Oud as Asia Plantation Capital Plays its Stcoks—21 Mar 16

In a series of programmes including a featured documentary, international broadcaster and news network, Al Jazeera, has focused its attention on the magical substance known variously as agarwood, gaharu and