Financial - Thailand News and Press Releases

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

Recently, at the Raffles City Convention Center, Singapore, Mr.Teeranun Srihong, Executive Vice President of KASIKORNBANK, represented KBank to receive the ‘Financial Insights Innovation Award 2008’ from Mr. Cort Isernhagen, Vice President of Management and Research Service for

Moody's Investors Service has affirmed the positive outlook on Siam Commercial Bank Public Company Limited's (SCB) D+ bank financial strength rating (BFSR) as well as on its A3 local currency deposit and foreign currency senior debt ratings. In the same rating action, Moody's has affirmed the

Moody's Investors Service has upgraded the Bank of Ayudhya Public Co Ltd's (BAY) bank financial strength rating (BFSR) to D from D-. At the same time, the bank's deposit and debt ratings have been upgraded to Baa2/Prime-2 from Baa3/Prime-3. The outlook for all ratings is stable. This rating

TMB announces that the Chief Executive Officer of TMB Bank along with the Chief Operating Officer and Chief Financial Officer have tendered their resignations to TMB opening the way for TMB to find suitable replacements. According to Mr. Subhak, “I have thought about resigning since last

At the Asian Banker Summit 2008 held in Hanoi, recently, Mr. Songpol Chevapanyaroj, First Senior Vice President of KASIKORNBANK received the award of 'the Most Promising Young Leaders in the Banking and Financial Services Industry in the Asia Pacific and Middle East Regions' from Mr. David

Siam Commercial Bank PCL (SCB), represented by Senior Executive Vice President Charamporn Jotikasthira, receives “Best Transaction Bank in Thailand” and “Best Domestic Custody in Thailand” awards in The Asset Triple A Transaction Banking Awards 2008 held by The Asset

Siam Commercial Bank PCL (SCB), represented by Senior Executive Vice President Charamporn Jotikasthira, receives “Best Transaction Bank in Thailand” and “Best Domestic Custody in Thailand” awards in The Asset Triple A Transaction Banking Awards 2008 held by The Asset