Wednesday November 14, 2018 01:33

Stcoks Press Release : 29 Aug 2018

Thailand Focus 2018 gains phenomenal success, reinforcing confidence among foreign funds Stcoks—29 Aug 18

The Stock Exchange of Thailand (SET) hosted "Thailand Focus 2018: The Future is Now" reinforcing present and future investment opportunities Thailand has to offer to global investors. Institutional investors from Scandinavia and East Asia joined the

Fitch Ratings: Diversification Shields Thai Securities Firms from Volatility Stcoks—29 Aug 18

Bangkok--29 Aug--Fitch Ratings
Link to Fitch Ratings' Report(s): Thai Securities Companies

Thai securities companies that are able to build up their franchises and continue to diversify to reduce their reliance on brokerage revenue are likely to fare better in the challenging operating environment, Fitch Ratings says.

Fitch expects the financial performance of Thai securities firms to remain volatile due to continued pressure on commissions as well as rapid shifts in stock-market sentiment. However, the agency expects local securities firms to gradually reduce reliance on brokerage revenue over the medium to long term. Securities companies that succeed in increasing the contribution of non-brokerage activities, including proprietary investments, margin lending, asset management, private equity and investment banking, will have more stable income with higher profit margins.

Securities companies in Thailand continue to operate in a crowded market with thinning commissions. Since brokerage commissions were deregulated in 2012, pricing competition has intensified and the industry's average brokerage commission rates for all client types have steadily shrunk.

Thailand's largest client segment remains retail investors with a share of market trading value of 41% at end-1H18 (from 54% in 2016). However, stronger dem

CIMB Group chalks a record RM3.29 billion 1H18 Net Profit Stcoks—29 Aug 18

- 1H18 record net profit of RM3.29 billion (+44.0% Y-o-Y) bolstered by RM928 million gain on sale of 20% of CPAM and 10% of CPIAM, which also increased ROE to 11.5% and reduced CIR to 46.1% - On BAU basis, 1H18 net profit was RM2.36 billion, translating

Photo Release: CIMB Group chalks a record RM3.29 billion 1H18 Net Profit Stcoks—29 Aug 18

Tengku Dato' Sri Zafrul Aziz, Group CEO, CIMB Group (left) and Shahnaz Jammal, Chief Financial Officer, CIMB Group (right) highlighting the banking group's record 1H18 Net Profit of RM3.29 billion during CIMB Group's 2018 Half Year Financial Results

Photo Release: EXIM Thailand Holds EXIM Mobile Clinic to Provide Advisory Services to SME Exporters Stcoks—29 Aug 18

Mr. Pisit Serewiwattana (fourth left), President of Export-Import Bank of Thailand (EXIM Thailand), recently met with SME exporters and export startups in the "EXIM Mobile Clinic," jointly held by EXIM Thailand and Rayong Provincial Industrial Office, to

Global startups invited to apply for Bangkok Bank InnoHub Season 2: Bangkok Bank joins with Nest to Stcoks—29 Aug 18

Bangkok Bank, which launched the first global FinTech accelerator in Thailand last year, Bangkok Bank InnoHub, is inviting innovators from around the world to apply for the second season from now to October 7, 2018. Bangkok Bank InnoHub Session 2 is a

Photo Release: KLeasing launches For All Your Auto-Finance Needs campaign for KBank Payroll Stcoks—29 Aug 18

Mr. Kittichai Darnvachirakul, KLeasing Deputy Managing Director, recently unveiled the "KLeasing: For All Your Auto-Finance Needs" campaign, which offers a number of privileges for KBank Payroll customers. These include special interest rate starting at

Heike Rosener-Tyler Joins Bauer Media Group as Head of New Business and Stcoks—29 Aug 18

Pawel Pudlowski appointed Vice President M&A reporting to Heike Rosener-Tyler. Philipp Meixner to leave the company, the position of Chief Investment Officer will not be backfilled. On September 1, 2018 Heike Tyler will join Bauer Media Group as