BILLION Press Releases NESCAFE Launches New Limited-edition NESCAFE RED CUP Packages with 12 Designs Each Featuring a Thai Coffee Farmer Highlights NESCAFÉ's "Grown Respectfully" Initiative by Sharing Heart-to-Heart Messages from Coffee Farmers to Coffee Drinkers NESCAFÉ is building momentum in its mission to elevate Thailand's 4.7-billion-baht soluble coffee market by th-TH Thu, 22 Aug 2019 14:37:40 +0700 Thai entertainment and media revenues to reach nearly 650bn baht in 2023 Thai entertainment and media (EM) revenues are set to rise at a compound annual growth rate (CAGR) of 5.05% over the next five years, from 502.8 billion baht (US$15.3 billion) in 2018 to 643.2 billion baht (US$19.5 billion) in 2023, according to Tue, 20 Aug 2019 8:54:23 +0700 ดีไอทีพี ชวนร่วมงาน รวมพลคนส่งออกอัจฉริยะ กรมส่งเสริมการค้าระหว่างประเทศ(DITP) โดยสถาบันพัฒนาผู้ประกอบการการค้ายุคใหม่(NEA) ขอเชิญศิษย์เก่าผู้ประกอบการอัจฉริยะจากโครงการ Smart Exporter รุ่นที่ 1-17 ร่วมกิจกรรม The Billionaire Club รวมพลคนส่งออกอัจฉริยะ ภายใต้โครงการ เชื่อมสายใย Smart Exporter Fri, 16 Aug 2019 15:01:46 +0700 KTC declares 2.913 billion in Q2 net profits and propounds the control of NPL for both credit card and personal loan businesses that is lower than the industry level. KTC announces Q2 2019 net profits that exceeded expectations with 16 percent year on year growth at 2.913 billion. Overall receivables grew 7 percent while credit card spending growth exceeded that of the industry. NPL for both credit card and personal Thu, 15 Aug 2019 15:25:26 +0700 MINT ANNOUNCES RECORD 2Q CORE NET PROFIT OF THB 2.1 AND A FURTHER THB 2.1 BILLION FROM SUCCESSFUL SALE LEASEBACK TRANSACTION Minor International Public Company Limited (MINT) announced core net profit (excluding non-recurring items) of Baht 2,101 million in 2Q19, a record high second quarter net profit, and nearly double core net profit of Baht 1,084 million in 2Q18. The Thu, 15 Aug 2019 11:57:05 +0700 BTS Group first quarter operating revenue Surpasses 9 billion baht, surging by 194% YoY. Recurring net profit rises 113% YoY to 1,006 million baht. BTS Group started fiscal year 2019/20 with an exceptional performance, posting operating revenue of 9,086 million baht (increasing 5,996 million baht or 194% from the preceding year) and recurring net profit of 1,006 million baht (growing 534 million Thu, 15 Aug 2019 10:20:24 +0700 TRUE GROUP REPORTS PROFIT OF BAHT 1.8 BILLION IN 2Q19 True Corporation PLC (SET: TRUE) True Group continued to report improving core business performance and profitability in the second quarter of 2019 with a profit of Baht 1.8 billion excluding the one-time impact from an amendment of the Labour Thu, 15 Aug 2019 8:48:23 +0700 FDI Applications More Than Doubled in First Half of 2019, Thailand BOI says The total value of applications received by the Thailand Board of Investment (BOI) from foreign investors more than doubled to 147.2 billion baht (around USD4.8 billion) in the first half of 2019, as compared to the corresponding period last year, Wed, 14 Aug 2019 10:07:03 +0700 Photo Release: Alliance Laundry Systems Celebrates Grand Opening of New Facility in Rayong Alliance Laundry Systems, a global leader in commercial laundry solutions, recently celebrated the grand opening of its new facility at WHA Eastern Seaboard Industrial Estate 2 (WHA ESIE 2) in Rayong Province. With an investment of 1.5 billion Baht, the Thu, 08 Aug 2019 14:25:15 +0700 Fitch Affirms Central American Bank for Economic Integration#s THB Bonds at #AAA(tha)# Fitch Ratings (Thailand) has affirmed the #AAA(tha)# National Long-Term Rating on the Central American Bank for Economic Integration#s (CABEI) THB1.235 billion senior unsecured bonds due 2021. KEY RATING DRIVERS The National rating on CABEI#s senior Wed, 07 Aug 2019 10:58:23 +0700 Tops Online partners with Grab to expand its ecosystem, introducing new delivery service within two hours when shopping on Central Group has become a big strategic partner with Grab Thailand after a 6-billion-baht investment to connect and maximize both companies# resources. Recently, Tops Online, an online supermarket which offers more than 15,000 items, has partnered with Tue, 06 Aug 2019 16:56:52 +0700 ColorTokens Awarded Notable Mention in Black Unicorn Awards for 2019 ColorTokens now one of only 20 companies on the judges #watch list# for Cybersecurity Companies Who Have the Potential of Being Valued at $1 Billion ColorTokens Inc., a leader in new-generation zero trust cloud security, today announced that is has been Tue, 06 Aug 2019 9:00:18 +0700 Krungsri Motorcycle Records 19% Growth in First-Half New Volume Expanding its refinancing business to ensure comprehensive loan offerings, with confidence to achieve 30 billion baht in loan outstanding by year-end Krungsri Auto, a leader in automotive finance under Bank of Ayudhya PCL, continues to take the lead in the motorcycle finance market for seven years in a row. During the announcement on its half-year performance today, Krungsri Motorcyclereported 10.6 Tue, 06 Aug 2019 8:54:47 +0700 Asian insurance market: Growth pause in 2018, but Thailand shows solid growth, with premiums increasing over 5% Asian insurance market: Growth pause in 2018, but Thailand shows solid growth, with premiums increasing over 5% - Global insurance premiums increased 3.3% to 3,655 billion euros in 2018 - Growth in Asia disappointed, held down by shrinking life markets Mon, 05 Aug 2019 11:33:56 +0700 The Estelle Phrom Phong, a 5.6 -Billion -Baht Luxury Condominium by Raimon Land, Opens its Sales Gallery Today Raimon Land Public Company Limited (the Company), Thailand#s leading luxury real estate developer, announced today the opening of the sales gallery for The Estelle Phrom Phong, a luxury condominium development located in Soi Sukhumvit 26.To be jointly Mon, 05 Aug 2019 9:40:58 +0700 RISLAND (THAILAND) Successfully Raised THB 1.5 billion from Its Inaugural Debentures Risland (Thailand) Company Limited (The Company or RISLAND) has successfully issued its inaugural Thai Baht debentures on 24 July 2019. The debenutres offered are unsubordinated and guaranteed debentures with a debentureholders# representative with a Fri, 02 Aug 2019 9:26:47 +0700 RCL launches a new billion-baht container vessel, with the hope to achieve 10% growth this year. It says Thailand export drop has not significantly affected the businesses while continuous growth projected for the next five years. Regional Container Lines Public Company Limited, a Thai-based container shipping line, has launched a new Thu, 01 Aug 2019 17:34:52 +0700 sales volume reached RMB 184.2 billion in H1, with growth of 21.8% On the evening of July 30, (002024.SZ), China#s leading O2O smart retailer, owned by Suning Holdings Group, released its 2019 semi-annual performance report. According to the report, the company achieved an operating income in the first half Thu, 01 Aug 2019 8:30:14 +0700 We Asset introduces its executives and aims to push AUM to reach 10 billion baht in the year 2021. Ready to offer WE-GTECH fund invest in global tech stocks We Asset introduces its executives who specialize in mutual fund business for over 20 years. It focuses on the position of designing mutual funds to meet every investor group. Coupled with creating sustainable returns at the appropriate risk level under Wed, 31 Jul 2019 11:48:11 +0700 Huawei Announces H1 2019 Revenue: 23.2% YoY Growth Huawei announced its business results for the first half of 2019: CNY401.3 billion in revenue, a 23.2% increase over the same period last year. The company#s net profit margin for H1 2019 was 8.7%.[1] According to Huawei#s Chairman, Liang Hua, operations Wed, 31 Jul 2019 8:59:31 +0700 Fitch Assigns Risland (Thailand)#s Guaranteed Debentures #AA(tha)# Rating Fitch Ratings (Thailand) Limited has assigned residential-property developer Risland (Thailand) Company Limited#s (RLT) guaranteed debentures of THB1.5 billion due 2022 a final National Long-Term Rating of #AA(tha)#. The Outlook is Stable. RLT will use Thu, 25 Jul 2019 13:00:06 +0700 ENN, One of The Largest Energy Service Providers in China Kickstarted Its Digital Transformation on VeChainThor Blockchain China boasts a prosperous Liquefied Natural Gas (LNG) market. In 2018 alone, 280 billion cubic meters of natural gas has been consumed. With China#s coal-to-gas conversion policy and a fast-growing economy, we can expect an increasing demand for LNG in Thu, 25 Jul 2019 7:59:13 +0700 Photo Release: KBank serves as the custodian for Electricity Generating Authority of Thailand Saving and Credit Cooperative Limiteds assets worth THB61 billion Recently, at Electricity Generating Authority of Thailand Saving and Credit Cooperative Limited, Mr. Silawat Santivisat (second from right), KBank Senior Executive Vice President, and Mr. Viboon Rerksirathai (second from left), President of Electricity Wed, 24 Jul 2019 17:49:48 +0700 HUAWEI Ranks 61st in Latest Fortune Global 500 List China#s telecom giant Huawei Technologies has climbed from 72 in 2018, to 61 in this year#s Fortune Global 500 list. With a revenue of USD 109 billion, this is the highest ranking Huawei has ever reached on this prestigious list. The Fortune Global 500 Wed, 24 Jul 2019 17:12:57 +0700 Thailands IT Services Update in 2H2018 Thailand IT Services market#s second half of 2018 recorded value at 47.7 billion baht with the growth rate year-on-year of 9.3% compare with the same period in 2017. It resulted of total spending at 92.3 billion baht in 2018, making Thailand the second Wed, 24 Jul 2019 16:20:09 +0700 listed on 2019 Fortune Global 500 with operating income of 37 billion USD, a subsidiary of Suning Holdings Group (Suning) was listed on 2019 Fortune Global 500 with an operating income of USD 37 billion, which is the third time the company appeared on the list since 2017. In the meanwhile, has risen 94 Tue, 23 Jul 2019 8:30:00 +0700 OpenAI forms exclusive computing partnership with Microsoft to build new Azure AI supercomputing technologies Multiyear partnership founded on shared values of trustworthiness and empowerment, and an investment of $1 billion from Microsoft, will focus on building a platform that OpenAI will use to create new AI technologies and deliver on the promise of Tue, 23 Jul 2019 8:00:00 +0700 Fitch Affirms Mercedes-Benz (Thailand)#s MTN Programme at #AAA(tha)# Fitch Ratings-Bangkok-19 July 2019: Fitch Ratings (Thailand) Limited has affirmed the National Long-Term Rating on Mercedes-Benz (Thailand) Limited#s (MBTh) medium-term note (MTN) programme of up to THB15 billion at #AAA(tha)#. The Outlook is Stable. At Fri, 19 Jul 2019 14:40:56 +0700 Venture Global Secures Binding Commitments of over $10 billion for its $5.8 billion Calcasieu Pass LNG Construction Financing Venture Global LNG, Inc. is proud to announce that the company#s $5.8 billion Calcasieu Pass LNG construction financing has received over $10 billion in binding commitments from Initial Coordinating Lead Arrangers. The transaction is nearly two times Fri, 19 Jul 2019 13:35:08 +0700 SCB ANNOUNCED SECOND-QUARTER PROFIT OF BAHT 11.0 BILLION AND FIRST-HALF PROFIT OF BAHT 20.1 BILLION Siam Commercial Bank and its subsidiaries announced total operating income of Baht 36.0 billion in the second quarter of 2019, up 4.9% yoy, with the increase largely attributable to robust net interest income (NII) growth. Strong operating profit Fri, 19 Jul 2019 8:47:07 +0700