Financial - Thailand News and Press Releases

The combination of rapidly approaching retirement and concerns about post-retirement financial security has not translated into more personal savings for most Americans, said Standard & Poor's in a report released today. The report, titled "Older But Not Wiser: Why Americans Remain

Moody's Investors Service has changed the outlook for Barclays Bank's debt and deposit ratings (Senior at Aa1) from stable to negative, and downgraded the bank's Bank Financial Strength Rating (BFSR) to B from B+. The outlook on the BFSR remains negative. The outlook on the bank's subordinated

Approximately P8.4 billion ($200 million) of rated debt affected. Moody's Investors Service has upgraded Philippine National Bank's ("PNB") E bank financial strength rating (BFSR) to E+. At the same time, the bank's local-currency deposit and subordinated debt ratings have been raised to

As the 2007 financial crisis spills into 2008, it is apparent that the dynamics of international finance are shifting dramatically, according to Fitch Ratings. What started as a problem in a particular asset class - US subprime mortgages - has become a problem of global liquidity and,

BEIJING, China--(BUSINESS WIRE)--May. 13, 2008 BEIJING, CHINA, MAY 13 – Today Pfizer China announced it is providing up to RMB 10 million (approximately $1.4 million U.S.D) in medicines and financial assistance to relief organizations operating in the region worst affected by the massive

Banpu Public Company Limited (BANPU) announced its financial performance for the first quarter of 2008 fiscal year, recording a net profit of THB 2,074 million, an increase of THB 880 million or 74 percent from the same period of last year. This higher earning is contributed by sound improvement on

TUF reported its Q1/2008 financial result which showed healthy growth in sales and net income. Despite the presence of unfavorable factors, the company managed to achieve net income growth of 10% from the same period last year while sales also in dollar term and in Thai baht expanded by 32% and 20%

Under the concept “TMB Powering ahead with ING”, Mr. Sathit Limpongpan, Chairman of TMB Bank Pcl, led the Bank and ING management and staff to introduce their financial products with special offers at the 8th Money Expo at the Queen Sirikit National Convention Center from now

HACKENSACK, N.J.--(PRIME NEWSWIRE)--May. 7, 2008 I.D. Systems, Inc. (Nasdaq:IDSY) today announced its financial results for the first quarter of 2008. Revenues for the three months ended March 31, 2008, were $4.3 million, compared to $4.6 million for the three months ended March 31, 2007. GAAP

Mounting defaults in 2008 come as hardly surprising, overdue if anything, said an article published today by Standard & Poor's. The article, which is titled "U.S. Credit Comment: The Bust After The Boom (Premium)," says that years of an accommodative economic and financial environment have

In a report published today, Standard & Poor's Ratings Services announced that it will enhance its credit ratings process for nonfinancial companies through an enterprise risk management (ERM) review. The report, titled "Standard & Poor's To Apply Enterprise Risk Analysis To Corporate

MOBILE BANKING... WASHINGTON - A new report from the global microfinance body CGAP predicts that, with the right market conditions, mobile banking could reach large numbers of poor people who are outside the formal financial system. www.cgap.org DOMAIN NAMES... NYON - The most

SYNDICATED LOAN... TAIPEI, Taiwan: Financial One Corp. Friday announced that its subsidiary in China, Chailease International Finance Co., has signed an unsecured RMB 210 million three-year term syndicated loan facility agreement with three banks. JADWORKS ANNOUNCES... SAN FRANCISCO,

Among the many negative effects of the financial market's ongoing volatility is a substantial increase in distressed credits, according to an article published today by Standard & Poor's. The report, titled "U.S. Credit Comment: Distressed Issuers Evolve From Past Ratings," says that

Moody's Investors Service says that its Aa3 issuer ratings for the government of Macao continue to enjoy robust support from strong fiscal and external financial indicators, while a mix of macro-economic and political factors remain the main constraints. "Macao's solid fiscal position has

Upgrades and downgrades among global financials and nonfinancials weakened further in the first quarter of 2008, with downgrades outpacing upgrades by the widest margin since the fourth quarter of 2003, according to an article published today by Standard & Poor's. The report, titled "Global

RGE OPENS... NEW YORK - RGE Monitor.com, a global economic and financial analysis firm founded by world-renowned economist Dr. Nouriel Roubini, announced Monday that it has opened an office in Hong Kong, building on the company's growing success in the Asia-Pacific region.

NEW YORK--(BUSINESS WIRE)--Apr. 14, 2008 Responding in part to the guidance provided by the President’s Working Group on Financial Markets, E. Gerald Corrigan, Managing Director, Goldman, Sachs & Co., and Douglas Flint, Group Finance Director, HSBC Holdings Plc, today announced the formation of

Fitch Ratings will host a teleconference on Thursday, 17th April at 3PM Bangkok/4PM Singapore to discuss the agency's outlook on the Thai banking sector and the local economy. The teleconference will be hosted by Vincent Milton, Senior Director of Financial Institutions and James McCormack,

Fitch Ratings will host a teleconference tomorrow at 3PM Bangkok/4PM Singapore to discuss the agency's outlook on the Thai banking sector and the local economy. The teleconference will be hosted by Vincent Milton, Senior Director of Financial Institutions and James McCormack, Managing Director