Friday March 22, 2019 07:34

Stcoks Press Release : 30 Jun 2016

Thai bourse to list ALT Telecom on July 4 Stcoks—30 Jun 16

The Stock Exchange of Thailand (SET) will list ALT Telecom pcl, a one-stop telecommunication product and service provider, on July 4, under the ticker symbol "ALT". The company has a market capitalization at its initial public offering (IPO) of THB 4.7

PBoC won#t devaluate yuan, long-term fall unlikely Stcoks—30 Jun 16

BEIJING--4 Jul--Asian Banker
BEIJING - China has no intention of devaluating the yuan to gain an advantage in global trade and there is no basis for long-term depreciation, the central bank said Thursday.
The yuan has generally remained stable despite global volatility after Britain's vote to leave the European Union, the People's Bank of China (PBOC) said in an online statement.
The bank's remarks came after media reports about substantial drops of the yuan's exchange rate by the end of the year.
"The reports misled expectations and disrupted the market, encouraging speculative selling. We strongly condemn the behavior, which is irresponsible and against professional ethics," the PBOC said.
The currency will likely remain stable at a reasonable level thanks to China's sound economic fundamentals, according to the statement.

The Chinese economy will keep its steady growth and continue to see a surplus in the balance of payments, with abundant foreign exchange (forex) reserves, sound financial conditions and stable monetary system, the PBOC said.

China will propel forex reform and continue to let the market to play a decisive role, the bank added.
It was the second time in a week that the PBOC has moved to refute distorted reports by some media outlets. The bank criticized foreign reports on China's

Morocco to start approving Islamic banks for business to begin in 2017 Stcoks—30 Jun 16

Morocco's central bank said on Thursday it would start issuing approvals for Islamic banks this year, with the aim of allowing them to begin business in early 2017. Islamic banks and insurers are setting up in Morocco after it adopted legislation

European Commission authorised Italian government to support banks Stcoks—30 Jun 16

Brussels -- The European Commission on Sunday authorized Italy to use government guarantees to provide liquidity support to its banks, a spokeswoman said, disclosing the first intervention by a European Union government into its banking system following

Ratings Assigned To Cash Flow CLO Transaction Avoca CLO XVI#s Class A To F Stcoks—30 Jun 16

LONDON (S&P Global Ratings) June 30, 2016--S&P Global Ratings has assigned its credit ratings to Avoca CLO XVI DAC's class A, B, C, D, E, and F floating-rate notes. At closing, Avoca CLO XVI also issued unrated subordinated notes (see list

Nextgen Networks Pty Ltd. Ratings Placed On CreditWatch Positive On Proposed Acquisition By Vocus Stcoks—30 Jun 16

MELBOURNE (S&P Global Ratings) June 30, 2016--S&P Global Ratings said today that it had placed its long-term 'B+' corporate credit rating on Nextgen Networks Pty Ltd. (Nextgen) and the company's related debt issues on CreditWatch with positive

CIMIC Group Ltd. #BBB-/A-3# Ratings Outlook Remains Stable Stcoks—30 Jun 16

MELBOURNE (S&P Global Ratings) June 30, 2016--S&P Global Ratings said today that it had affirmed its 'BBB-/A-3' ratings on CIMIC Group Ltd. (CIMIC) and the company's related debt issues. The outlook remains stable. "The rating affirmation is

Photo Release: SCB PromptPay now ready. Register an SCB account and get a chance to win gold worth Stcoks—30 Jun 16

Siam Commercial Bank (SCB) First Executive Vice President and Head of the Retail SegmentPhanporn Kongyingyong (Center) introduces SCB PromptPay service, a new way to receive payments and make fund transfers in line with the government's policy of

Photo Release: KBank and Knight Frank organized UK education/investment Stcoks—30 Jun 16

Mr. Predee Daochai, third left, President of KASIKORNBANK, and Mr. Phanom Kanjanathiamthao, fourth left, Managing Director of Knight Frank Chartered (Thailand) Co., Ltd., leading global real estate consultancy, jointly opened the UK Education and UK

Mitsubishi Motors presents new financial campaign Co-Promotion with Credit Stcoks—30 Jun 16

Mitsubishi Motors Thailand partners up with three leading financial institutions to increase convenience for customers aspiring to buy Mitsubishi vehicles. The special "Co-Promotion with Credit Card" program offers 0% interest rate up to 10-months

Thai alternative bourse launches Company Snapshot on July 1 Stcoks—30 Jun 16

Market for Alternative Investment (mai) introduces "Company Snapshot," a snapshot of financial and non-financial information of listed firms, making it quick and easy for investors to understand and use as investment decision-making tools, underlining

World Bank Group Approves Funds to Support Guinea post-Ebola Recovery and Transparency Stcoks—30 Jun 16

WASHINGTON, June 17, 2016— Two years after being hard hit by the Ebola epidemic, the Government of Guinea is setting up a recovery strategy with the help of the donor community, including the World Bank whose Board of Directors approved on June 17

World Bank Approves US$30 Million Credit to Strengthen Disease Surveillance in Sierra Stcoks—30 Jun 16

WASHINGTON, June 29, 2016—Sierra Leone will benefit from a US$30 million credit approved yesterday by the World Bank to strengthen health systems and disease surveillance systems in West Africa. The US$30 million investment in Sierra Leone is part

KTC welcomes new personal loan members with the convenience of only 10% per annum interest Stcoks—30 Jun 16

"KTC" or Krungthai Card Public Company Limited is running a campaign to welcome new members to the revolving loans for all of their regular or urgent spending needs. Members applying for the "KTC PROUD" revolving loans and approved from now until August

Vietnam: 600,000 Teachers and Principals Set to Get Skills Boost Stcoks—30 Jun 16

WASHINGTON, D.C., June 29, 2016 – Vietnam's education reform efforts got a boost today with a World Bank-funded Enhancing Teacher Education Program, which supports the delivery of continuous professional development to teachers and principals. The

IMF Executive Board Concludes 2016 Article IV Consultation with Bhutan Stcoks—30 Jun 16

On June 22, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Bhutan. Bhutan has made significant economic progress in recent years and the GDP per capita more than doubled during 2004-2014,

Moldovan Government Opens Data on 16,000 Contracts Stcoks—30 Jun 16

Chisinau, June 29, 2016 – The Public Procurement Agency (PPA), in partnership with e-Government Center and the World Bank, has launched a website that houses data on almost 16,000 government contracts – and rising. The Open Contracting Data

IMF Executive Board Concludes the 2016 Article IV Consultation with Stcoks—30 Jun 16

On June 24, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Germany. The growth momentum has remained steady as strong domestic demand has offset weak foreign demand. Private consumption

World Bank Contributes to Improved Disease Surveillance and Health Systems in West Africa following Stcoks—30 Jun 16

WASHINGTON, June 29, 2016—In Guinea, Sierra Leone and Senegal, more than 33.3 million people will benefit from stronger health systems and more effective disease surveillance systems through US$110 million in International Development Association

World Bank Urges Malawi to Invest in Agricultural Resilience to Spur Economic Growth in Stcoks—30 Jun 16

LILONGWE, June 29, 2016— Malawi needs to develop a better system to mitigate agricultural shocks while continuing fiscal discipline to set itself on an economic growth recovery path in 2017. This is the message of the third Malawi Economic Monitor

Nemak S.A.B. de C.V. Outlook Revised To Positive From Stable On Improving Credit #BB+# Ratings Stcoks—30 Jun 16

MEXICO CITY (S&P Global Ratings) June 29, 2016--S&P Global Ratings affirmedits 'BB+' global scale corporate credit and issue-level ratings on NemakS.A.B. de C.V. (Nemak). At the same time, we affirmed our 'mxAA-' long-termnational scale corporate

Firstmac Ltd. STRONG Prime Residential Loan Servicer Ranking Outlook Stcoks—30 Jun 16

MELBOURNE (S&P Global Ratings) June 30, 2016--S&P Global Ratings todayaffirmed its STRONG ranking on Australia-based Firstmac Ltd. (Firstmac) in itsrole as a prime residential loan servicer. The outlook on the ranking isstable. A ranking is a

Diamond Resorts International Inc. #B+# Ratings Placed On CreditWatch Negative On Plan To Be Stcoks—30 Jun 16

NEW YORK (S&P Global Ratings) June 29, 2016--S&P Global Ratings said todaythat it placed its 'B+' corporate credit rating on Diamond ResortsInternational Inc. and 'B+' senior secured debt ratings on Diamond ResortsCorp. on CreditWatch with

Engenium Capital Equipment Dollar Trust $340.5 Million Notes Due 2026 Assigned Preliminary Stcoks—30 Jun 16

NEW YORK (S&P Global Ratings) June 29, 2016--S&P Global Ratings today assignedits preliminary 'BBB+ (sf)' rating to Engenium Capital Equipment Dollar Trust's$340.5 million asset-backed notes due in 2026. The note issuance is an asset-backed

Preliminary Ratings Assigned To Three Classes From ACAS CLO 2013-2 Ltd. In Connection With Stcoks—30 Jun 16

NEW YORK (S&P Global Ratings) June 29, 2016--S&P Global Ratings today assignedpreliminary ratings to the class A-1B-R, A-1C-R, and A-2B-R notes from ACASCLO 2013-2 Ltd., a collateralized loan obligation managed by American CapitalCLO Management

VWR Funding Inc. Outlook Revised To Positive, Ratings VWR Corp. Assigned Stcoks—30 Jun 16

NEW YORK (S&P Global Ratings) June 29, 2016--S&P Global Ratings today affirmedall ratings on VWR Funding Inc., including the 'BB-' corporate credit rating,and revised the outlook to positive from stable. At the same time, we assigned our 'BB-'

Verizon Owner Trust 2016-1 $1,169.03 Million Notes Assigned Preliminary Stcoks—30 Jun 16

NEW YORK (S&P Global Ratings) June 29, 2016--S&P Global Ratings today assignedits preliminary ratings to Verizon Owner Trust 2016-1's $1,169.03 millionnotes series 2016-1 (see list). The note issuance is an asset-backed securities transaction

Federal Reserve Board releases annual determination of aggregate consolidated liabilities of Stcoks—30 Jun 16

The Federal Reserve Board released its annual determination of the aggregate consolidated liabilities of financial companies as required by section 622 of the Dodd-Frank Act. The act prohibits a financial company from combining with another company if