Monday November 19, 2018 06:14

Stcoks Press Release : 22 Dec 2016

SET to list Sri panwa Hospitality REIT on December 23 Stcoks—22 Dec 16

The Stock Exchange of Thailand (SET) will list Sri panwa Hospitality Real Estate Investment Trust on SET on December 23, under the ticker symbol "SRIPANWA". SRIPANWA has invested in freehold rights of Sri panwa Hotel phase 1 being swapped from Sri panwa

RBI slaps fine on five foreign banks for violating FEMA rules Stcoks—22 Dec 16

The Asian Banker--22 Dec--Asian Banker
The Reserve Bank has imposed penalty on five foreign banks, including Deutsche Bank and Standard Chartered Bank, for violation of its instructions on reporting requirements of the FEMA.
The three other banks are: Bank of America, Bank of Tokyo Mitsubishi and The Royal Bank of Scotland.
RBI said they have been fined for violation of its instructions on reporting requirements of the Foreign Exchange Management Act, 1999 (FEMA).
Germany's Deutsche Bank has been imposed fine of Rs 20,000, while Bank of America, Bank of Tokyo Mitsubishi, The Royal Bank of Scotland and Standard Chartered Bank have been fined Rs 10,000 each.

"The penalties have been imposed in exercise of the powers vested in the Reserve Bank under the provisions of Section 11(3) of FEMA 1999, taking into account, the violations of the instructions/directions/guidelines issued by the Reserve Bank of India, from time to time," RBI said.

RBI said it has issued show cause notices to all the banks, in response to which the banks submitted written replies and also made oral submissions thereon.
"After considering the facts of the cases and the banks' replies in the matter, Reserve Bank came to the conclusion that the violations were substantiated and warranted imposition of penalty," RBI said further.

Italy to bailout Monte dei Paschi di Siena bank with 20bn ($20.9bn) rescue Stcoks—22 Dec 16

A €20bn (£17bn) rescue fund for Italy's banking sector has been approved by the country's parliament, heralding a bailout of the world's oldest bank, Monte dei Paschi di Siena (MPS). The bank said late on Wednesday that it had failed to secure

South Korea#s fintech firms seek to tap into China Stcoks—22 Dec 16

South Korea made a pitch for its financial technology, or fintech, in China under the government's campaign to support related startups here seeking to do business abroad. The state-funded Fintech Center held the "Fintech Demo Day in Beijing" event,

Photo Release: TISCO and Standard Chartered Enter into an Agreement for Standard Chartereds Retail Stcoks—22 Dec 16

TISCO Financial Group led by Oranuch Apisaksirikul, TISCO Group Chief Executive, held a press conference on transferring Standard Chartered's Retail Banking business in Thailand to TISCO Financial Group PCL. Under the agreement, SCBT's Retail Banking

Photo Release: Bangkok Bank provides scholarship to Thai student to study under University of Stcoks—22 Dec 16

Bangkok Bank President Chartsiri Sophonpanich (center-left) welcomed the Chairman of the University of London International programmes and Regents International Schools and College Dr.Virachai Techavijit (2nd from left) and senior school administrators.

Photo Release: KTC and Ducati jointly offer a great yearend deal with 70,000 Royal Orchid Plus Stcoks—22 Dec 16

Mr. Chaiyapol Glitayawanit (2nd from right), Senior Vice President - Credit Card Business, "KTC"or Krungthai Card Public Company Limited, and, Mr. Apichat Leenutaphong (left), President - Ducatisti Company Limited or Ducati Thailand, jointly launched an

SET launches sSET Index on January 4, 2017 Stcoks—22 Dec 16

The Stock Exchange of Thailand (SET) today announced the launch of the new index named "sSET Index", featuring 102 constituents that represent the price movement of the common stocks that have constant liquidity, apart from constituents in the SET50

mai to list logistic operator AMA Marine on December 22 Stcoks—22 Dec 16

Market for Alternative Investment (mai) will list AMA Marine pcl, a liquid logistics operator providing sea freight services in Southeast Asia, as well as land transportation services domestically, on December 22 under the ticker symbol "AMA." The

Photo Release: KBank presents donation from the 20,000 Chuamong Tham Di Tham Dai Stcoks—22 Dec 16

Mr. Pennung Chaiyachit (third from left), Senior Vice President, Employee Relations Department, and Ms. Nartsinee Sarnvanichpitak (second from left), First Vice President, Corporate Communications and Relations Department, represented KBank to deliver a

SRIPANWA to Have 23 Dec as 1st Trading Day,Promises Decent Investment Returns Due to Excellent Stcoks—22 Dec 16

SRIPANWA trust units will begin to trade on SET starting 23 Dec, after offering units for subscription at THB 10.80 each to SPWPF unitholders, Sponsor's (and Sponsor's connected parties') and Underwriter's patrons and institutional investors. The

KTC, joining hands with Startups, gives away double privileges to all members through online Stcoks—22 Dec 16

"KTC" or Krungthai Card Public Company Limited, in collaboration with Startups, service providers facilitating users through applications and websites, ? grants double privileges to all members in the form of discounts and cash back. Members will get 1)

TISCO and Standard Chartered enter into an agreement for Standard Chartereds Retail Banking Stcoks—22 Dec 16

Standard Chartered Bank (Thai) PCL ("SCBT") has agreed to transfer its Retail Banking business to TISCO Bank PCL ("TISCO Bank") and All-Ways Company Limited , wholly own subsidiaries of TISCO Financial Group PCL ("TISCO"). Under the agreement, SCBT's

Boise State University, ID Series 2017A General Revenue Project And Refunding Bonds Assigned #A+# Stcoks—22 Dec 16

NEW YORK (S&P Global Ratings) Dec. 21, 2016--S&P Global Ratings assigned its 'A+' long-term rating to Boise State University (BSU), Idaho's series 2017A general revenue project and refunding bonds. At the same time, S&P Global Ratings

Autopistas Metropolitanas de Puerto Rico LLC #BBB-# Senior Secured Notes Rating Placed On Stcoks—22 Dec 16

NEW YORK (S&P Global Ratings) Dec. 21, 2016--S&P Global Ratings said today that it placed its 'BBB-' rating on Autopistas Metropolitanas de Puerto Rico LLC's (the project) $435 million senior secured notes due 2035 on CreditWatch with negative

Grinnell College, IA 2016 Bonds Rated #AAA# Stcoks—22 Dec 16

NEW YORK (S&P Global Ratings) Dec. 21, 2016--S&P Global Ratings assigned its 'AAA' long-term rating to Iowa Higher Education Loan Authority's series 2017 bonds issued for Grinnell College. We also affirmed our 'AAA' long-term rating on the

Fly Leasing Ltd. Ratings Lowered And Taken Off UCO Upon Publication Of Leasing Company Outlook Stcoks—22 Dec 16

NEW YORK (S&P Global Ratings) Dec. 21, 2016--S&P Global Ratings today lowered its ratings on Fly Leasing Ltd., including lowering the corporate credit rating to 'BB-' from 'BB'. The outlook is stable. At the same time, we lowered our issue-level

Summit Midstream Partners L.P. Debt Rating Raised To #B+#; Recovery Rating Revised To #4# On Stcoks—22 Dec 16

NEW YORK (S&P Global Ratings) Dec. 21, 2016--S&P Global Ratings said today that it has reviewed its recovery and issue-level ratings on C that were labeled as "under criteria observation" (UCO) after publishing its revised recovery ratings

Motiva Enterprises Outlook Revised To Stable On Lower-Than-Expected Industry Refining #BBB+# Stcoks—22 Dec 16

NEW YORK (S&P Global Ratings) Dec. 21, 2016--S&P Global Ratings said today it affirmed its 'BBB+' corporate credit and senior unsecured ratings and 'A-2' short-term ratings on Motiva Enterprises LLC. At the same time, we revised the outlook to

Riverview Gardens School District, MO Debt Rating Outlook Revised To Stable From Negative On More Stcoks—22 Dec 16

CHICAGO (S&P Global Ratings) Dec. 21, 2016--S&P Global Ratings revised the outlook to stable from negative and affirmed its 'BBB' underlying rating on Riverview Gardens School District, Mo.'s outstanding general obligation debt and its 'BBB-'

LinkedIn Corp. Removed From CreditWatch Positive On Acquisition By Corporate Credit Rating Stcoks—22 Dec 16

NEW YORK (S&P Global Ratings) Dec. 21, 2016--S&P Global Ratings today raised its unsolicited ratings on LinkedIn Corp. , including the corporate credit rating, to 'AAA' from 'BB+'. We also raised the issue-level rating on the company's $1,322.5

Houston Baptist University, TX 2017 Bonds Assigned #BBB-# Rating Stcoks—22 Dec 16

NEW YORK (S&P Global Ratings) Dec. 21, 2016--S&P Global Ratings assigned its 'BBB-' long-term rating to the series 2017A revenue bonds to be issued by the Red River Finance Corp. for Houston Baptist University (HBU), Texas. The outlook is

Ryder System Inc. Ratings Raised And Taken Off UCO Upon Publication Of Leasing Company Outlook Stcoks—22 Dec 16

NEW YORK (S&P Global Ratings) Dec. 21, 2016--S&P Global Ratings today raised its ratings on Ryder System Inc., including raising the corporate credit rating to 'BBB+' from 'BBB'. The outlook is stable. At the same time, we raised our rating on

Yankee Stadium LLC PILOT Bonds Assigned #BBB+# Preliminary Existing Issue Ratings Remain On Watch Stcoks—22 Dec 16

CENTENNIAL (S&P Global Ratings) Dec. 21, 2016-- On Sept. 15, 2016, S&P Global Ratings assigned its 'BBB+' preliminary issue rating to U.S. baseball park operator Yankee Stadium LLC's (StadCo) proposed $779.446 million PILOT bonds, series 2016.

Time Inc. Rating Lowered To #B+# From #BB-# On Higher-Than-Expected Outlook Issue Ratings Off Stcoks—22 Dec 16

NEW YORK (S&P Global Ratings) Dec. 21, 2016--S&P Global Ratings said today that it lowered its corporate credit rating on New York City-based Time Inc. to 'B+' from 'BB-'. The outlook is negative. At the same time, we lowered our issue-level

Global Eagle Entertainment Inc. Senior Secured Rating Remains #BB-# On $40M Upsize To First-Lien Stcoks—22 Dec 16

NEW YORK (S&P Global Ratings) Dec. 21, 2016—S&P Global Ratings today affirmed its 'BB-' issue-level rating, with a recovery rating of '2', on media content and satellite-based connectivity services provider Global Eagle Entertainment

Willow Winds Inc., TX 2013 Bond Rating Outlook Revised To Stable From Negative On Expected Revenue Stcoks—22 Dec 16

NEW YORK (S&P Global Ratings) Dec. 21, 2016--S&P Global Ratings revised its outlook to stable from negative and affirmed its 'A-' rating on Harris County Cultural Education Facilities Finance Corp., Texas' series 2013A and taxable series 2013B

Hospital Sisters Services Inc., IL#s Series 2016 Bonds Assigned #AA-# Stcoks—22 Dec 16

CHICAGO (S&P Global Ratings) Dec. 21, 2016--S&P Global Ratings assigned its 'AA-' long-term rating to the Southwestern Illinois Development Authority's series 2016 bonds. At the same time, S&P Global Ratings affirmed the following

Bogota Distrito Capital #BBB-# Ratings Outlook Remains Stable Stcoks—22 Dec 16

MEXICO CITY (S&P Global Ratings) Dec. 21, 2016--S&P Global Ratings affirmed its 'BBB-' foreign and local currency ratings on Bogota Distrito Capital (the capital district of Bogota; Bogota or the district). At the same time, we affirmed our

NGPL PipeCo LLC Upgraded To #BB-#; Issue Ratings Affirmed (Recovery Rating: Stcoks—22 Dec 16

NEW YORK (S&P Global Ratings) Dec. 21, 2016--S&P Global Ratings said today it raised its issuer credit rating on NGPL PipeCo LLC to 'BB-' from 'B+'. The outlook is stable. We also affirmed our 'BB-' issue-level ratings on all outstanding notes;

Mozambique: Report Discusses Poverty Trends and Recommends Way Forward Stcoks—22 Dec 16

MAPUTO, December 21, 2016 - Between 1997 and 2009 for every percentage point of economic growth in Mozambique, poverty fell by only 0.26 percentage points in the country, roughly half of what is observed in the sub-Saharan Africa region, reveals the

New World Bank Project in China Focuses on Poverty Reduction Through Stcoks—22 Dec 16

WASHINGTON DC, December 21, 2016 – The World Bank's Board of Executive Directors approved a $100 million loan today to increase income generating opportunities for poor farmers in China's Guangxi Zhuang Autonomous Region, through the establishment

World Bank Statement on Capital Liberalization and Fiscal Stimulation Law in Stcoks—22 Dec 16

The World Bank has been asked frequently this week for its views on the draft law on Capital Liberalization and Fiscal Stimulation. International experience suggests that a thorough implementation of the asset declarations required by the Integrity

IMF Mission Concludes Visit to El Salvador Stcoks—22 Dec 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