Saturday April 21, 2018 07:25

BILLION Press Releases

Krungsri reports record net profit of 6.2 billion baht for 1Q/18, up 10.1% from 1Q/17 Stcoks—20 Apr 18

Krungsri (Bank of Ayudhya PCL and its group companies) announces a notable performance for the first quarter of 2018 with a record net profit of 6.2 billion baht, representing a 10.1% increase from the same period last year. The increase in the Bank's

Bangkok Bank reports first quarter 2018 net profit of Baht 9.0 billion Stcoks—20 Apr 18

Bangkok--20 Apr--Bangkok Bank

The Thai economy continued to expand primarily due to growth in the export and tourism sectors, consistent with an increase in global demand. The structure of the Thai economy is transitioning into an innovative driven economy while the government's infrastructure development program will support Thailand's position as a logistics hub for the Southeast Asia region. These developments serve to strengthen three major trends which have been guiding Bangkok Bank's business direction in recent years, namely regionalization, urbanization and digitalization and, given the Bank's business philosophy to be "puan koo kit mit koo baan" (a trusted partner and reliable close friend), the Bank stands ready to support our customers in a rapidly changing world. Against this backdrop, Bangkok Bank continues its prudent approach towards financial management, maintaining liquidity and capital reserves at sufficient levels to cope with uncertainties which may arise, and to support future business expansion to ensure the Bank's financial sustainability.

For the first quarter of 2018, Bangkok Bank and its subsidiaries' net interest income amounted to Baht 17.1 billion, an increase of 5.2 percent from the first quarter in 2017, with a net interest margin of 2.34 percent. Non-interest income was Baht 14.4 billion, an increase of 31.8 per

Women Entrepreneurs Finance Initiative allocates first round Expected to mobilize twice the Stcoks—20 Apr 18

WASHINGTON, APRIL 19, 2018 - The Women Entrepreneurs Finance Initiative (We-Fi) today announced its first funding allocations -- expected to mobilize over $1.6 billion in additional funds from an allocation of $120 million -- for programs designed to

SCB Announces 1Q18 Net Profit of Baht 11.4 Billion Stcoks—20 Apr 18

Siam Commercial Bank and its subsidiaries announced a 6.6% yoy increase in total operating income as non-interest income grew by 13.4%yoy largely from higher net trading & FX income, and net fee income coupled with a 3.4% yoy growth in net interest

CPFs cooked duck products eye growth in NZ market Business—19 Apr 18

Charoen Pokphand Foods PCL (CPF) eyes growth in New Zealand as the premium cooked duck product is gaining popularity among NZ consumers. The food conglomerate expects that the cooked duck sales will grow by 16% this year to reach 1.3 billion baht. This

IDA Makes Historic Capital Market Debut with Inaugural US$1.5 Billion Benchmark Bond: First IDA Stcoks—18 Apr 18

WASHINGTON, D.C., April 17, 2018—The International Development Association (IDA, rated Aaa/AAA) today made its debut in the capital markets, joining a select group of top-tier supranational issuers with an inaugural benchmark bond that raised US$

IDA launches Inaugural Bond, Pioneering New Model for Development Finance: First IDA bond raises Stcoks—18 Apr 18

The International Development Association (IDA) today launched its first bond in its nearly 60-year history, as investors around the globe seized the opportunity to invest in a triple A-rated asset and support life-changing investments in the world's

Tobacco Settlement Financing Corp. $3.147 Billion Bonds Series 2018 Assigned Stcoks—12 Apr 18

NEW YORK (S&P Global Ratings) April 11, 2018--S&P Global Ratings today assigned its ratings to Tobacco Settlement Financing Corp.'s (TSFC's) $3.147 billion tobacco settlement bonds series 2018 (see list). The note issuance is an asset-backed

Sony Corp. U.S. Subsidiary#s Commercial Paper Program Rated #A-2# Stcoks—11 Apr 18

TOKYO (S&P Global Ratings) April 11, 2018--S&P Global Ratings today said it has assigned its 'A-2' short-term debt rating to the US$2.0 billion commercial paper (CP) program to be issued by Sony Capital Corp., a U.S.-based financing subsidiary of

Panama#s $1.2 Billion Global Bond Maturing 2050 Assigned #BBB# Rating Stcoks—11 Apr 18

MEXICO CITY (S&P Global Ratings) April 10, 2018--S&P Global Ratings today assigned its 'BBB' foreign currency senior unsecured debt rating on Panama's $1.2 billion global bond. The bond matures in 2050. Panama intends to use the net proceeds for

PDIs started its second 11-MW solar farm in Japan PDI Energy now targeting to increase capacity by Energy—10 Apr 18

Mr. Francis Vanbellen, Managing Director of Padaeng Industry Public Company Limited (PDI), said Our second solar farm, in Nogata, Japan, with a capacity of 11 megawatts, started its commercial operation on March 1, 2018. This gives PDI a combined

Power Buy spearheads Omni-channel marketing, 2017 sales hit THB 17.15 billion, 8% growth, 2017 Business—05 Apr 18

Power Buy has announced that its overall 2017 sales witnessed an 8% growth. Revealing its business operation plan, the company said it is investing 700 million baht, opening 10 more stores, rejuvenating 20, reinforcing Omni-channel and services to

Krungsri provides financial support worth 4 billion baht to Glow Energy Stcoks—04 Apr 18

Mr. Masaaki Suzuki (2nd left), Krungsri Head of JPC/MNC Banking, and Mr. Pajongwit Pongsivapai (2nd right), Chief Financial Officer and Executive Vice President of Glow Energy PCL, signed an agreement to provide a 4-billion-baht loan facility for Glow

487 SET and mai-listed firms pay a combined 2017 dividends of THB 478 Stcoks—03 Apr 18

The total of 487 firms listed on The Stock Exchange of Thailand (SET) and Market for Alternative Investment (mai) announced a combined 2017 dividend payment of THB 478.09 billion (approx. USD 14.94 billion), as of March 21, 2018, representing the average

ESTAR Shines with 2017 Sales Revenues Exceeding Targets, Launches Velana Brand for Gen X Y to Properties—02 Apr 18

Eastern Star Public Company Limited (ESTAR) has been flying high with its 2017 sales in both Bangkok and Rayong soaring past Bt1billion and its 2017 total revenue reaching Bt2.5billion. The firm now sets its sight on boosting its sales by more than 50

TRIS Rating Affirms Company Senior Unsecured Debt Ratings of TPIPL at BBB+ and Assigns BBB+ Rating Stcoks—29 Mar 18

TRIS Rating affirms the company rating of TPI Polene PLC (TPIPL) and the ratings of TPIPL's outstanding senior unsecured debentures at "BBB+". At the same time, TRIS Rating assigns a rating of "BBB+" to TPIPL's newly proposed issue of up to Bt8 billion

[SPSF] GC Repackaging 2018-1 Ltd.#s Notes Assigned #AAA# Rating Stcoks—28 Mar 18

TOKYO (S&P Global Ratings) March 28, 2018--S&P Global SF Japan Inc. (SPSF) today said it has assigned its 'AAA' rating to the JPY / CNY15.915 billion floating-rate class A notes due 2031 issued by GC Repackaging 2018-1 Ltd. (the issuer), a

Grupo Televisa S.A.B.#s MXN4.5 Billion Global Depository Notes Rated Stcoks—28 Mar 18

MEXICO CITY (S&P Global Ratings) March 27, 2018--S&P Global Ratings assigned its 'BBB+' senior unsecured local currency rating to Grupo Televisa S.A.B's Global Depository Notes (Televisa; BBB+/Stable; CaVal: mxAAA/Stable). The GDNs, in the amount

Beko goes all in on Thai home appliance market, sets sights on THB 1 billion in IT—28 Mar 18

Beko, a leader in the European home appliance market, is celebrating a successful 2017 after having doubled its sales throughout the year. The company is moving ahead with a fresh lineup of innovative products targeted at mass-premium segment consumers,

[SPSF] Sumitomo Mitsui Banking Corp.#s 38th RMBS Deal Assigned Preliminary #AAA (sf)# Stcoks—26 Mar 18

TOKYO (S&P Global Ratings) March 26, 2018--S&P Global SF Japan Inc. (SPSF) today said it has assigned its preliminary 'AAA (sf)' ratings to the JPY / CNY44.1 billion class A1, A2, and alpha senior trust certificates (collectively the senior trust

Japan Housing Finance Agency#s 148.4 Billion Series 131 Structured Issuance Assigned #AAA (sf)# Stcoks—26 Mar 18

TOKYO (S&P Global Ratings) March 26, 2018-- S&P Global Ratings today said it has assigned its 'AAA (sf)' rating to Japan Housing Finance Agency's (JHF) JPY / CNY148.4 billion series 131 fixed-rate residential mortgage-secured pass-through

Implementing digital trade facilitation could cut trade costs in Asia-Pacific by $673 billion Stcoks—23 Mar 18

According to the Digital Trade Facilitation in Asia and the Pacific report launched today by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), full implementation of the World Trade Organization's (WTO) Trade

CPEC offers enormous potential to Boost Pakistan Economy, Report Says Stcoks—23 Mar 18

With investments in road, railways and ports, the $60 billion China Pakistan Economic Corridor (CPEC) offers enormous potential for Pakistan to boost its economy, reduce poverty, spread benefits widely and help those likely to be affected by the new

Krungsri Autos 2017 Loan Outstanding Surpasses 322 Billion Baht Aiming to Drive Customer Engagement Stcoks—21 Mar 18

Mr. Pairote Cheunkrut (Center), Head of Krungsri Auto Group, Bank of Ayudhya PCL, together with Krungsri Auto executives announced strong 2017 performance with loan outstanding consistently growing and unveiled 2018 strategy to enhance customer

ICHI targets sales of 6.7 billion baht Bring the concept of tea which cares you most for domestic Stcoks—20 Mar 18

"Ichitan" targets sales of 6.7 billion baht by expanding and penetrating Coconut Jelly tea for teenagers, which currently has a high growth. Also, after obtaining the healthy logo, the company is planning to decrease sugar in the mainstream products in

Coty Inc. Rating Affirmed On Planned Recapi New Debt Ratings Assigned Stcoks—20 Mar 18

NEW YORK (S&P Global Ratings) March 19, 2018--S&P Global Ratings today affirmed its 'BB' corporate credit rating on Coty Inc. The outlook is stable. At the same time, we assigned 'BB+' issue-level ratings to the company's proposed $9.0 billion

Beijing Capital Group Co. Ltd.#s MTN Program Drawdown Assigned #BBB-# Stcoks—19 Mar 18

HONG KONG (S&P Global Ratings) March 19, 2018--S&P Global Ratings today assigned its 'BBB-' long-term issue rating to a proposed drawdown on Beijing Capital Polaris Investment Co. Ltd.'s recently established US$1 billion medium-term notes (MTN)

World Bank Group Statement on Open Trade Stcoks—19 Mar 18

WASHINGTON, March 17, 2018 -- The World Bank Group today issued the following statement on open trade: "One billion people have moved out of poverty through economic growth underpinned by open trade. Trade is an engine of growth that creates jobs,

Johnson Johnson Announces Binding Offer from Platinum Equity to Acquire LifeScan, Heathcare—19 Mar 18

Johnson & Johnson (NYSE: JNJ) today announced that it has received a binding offer from Platinum Equity, a leading private investment firm, to acquire its LifeScan business for approximately $2.1 billion, subject to customary adjustments. LifeScan,

ZTE 2017 Full-Year Revenue Rises to RMB 108.82 Billion IT—16 Mar 18

ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today reported a full-year revenue of RMB 108.82 billion in 2017, 7.5% higher than a year