Thai bourse market report for January
Daily average trading volume up 12.74 pct month on month to USD 796 mln, Market cap at THB 8.89 trillion, up 5.75 pct from end 2011 Derivatives trading down 6.13 pct month on month at 28,104 contracts per day The Stock Exchange of Thailand’s (SET) securities trading volume in January rose 12.74 percent from the
Visa Debit Rewards Thai Consumers
Visa drives national campaign to encourage debit usage achieve national electronification goals Visa Makes Debit More Rewarding for Thai Consumers: Somboon Krobteeranon, Country Manager, Thailand, Visa launched the Visa Debit Reward 2012 campaign, aimed at encouraging Thais to switch from cash to debit. Together with
HSBC SECURES MAJOR GOVERNMENT MANDATE IN THAILAND TO PROVIDE END-TO-END SECURITIES SERVICES
HSBC Thailand has been awarded a USD7 billion mandate to provide fund accounting and administration, global and local custody services to the Public Debt Restructuring and Domestic Bond Market Development Fund (PDDF), a Fund established under the Public Debt Management Act as a state entity under Ministry of Finance.
Moody’s notes five risk scenarios for Asia Pacific banks
Moody’s Investors Service says that while it expects a benign credit environment for Asia Pacific banks in 2012, there are still potential hazards that could develop into material adverse shocks for particular systems. “These are not our central scenario, but what we consider as “tail risks”, or low probability, but
Moody’s: Asian Liquidity Stress Index rises again in January
Moody’s Investors Service says that its Asian Liquidity Stress Index (LSI) rose in January with 12.5% of its rated speculative grade portfolio demonstrating inadequate liquidity compared with 9.3% in December, and a historical low of 9.0% in November. “Unlike previous months, where the change was due to the withdrawal
Photo Release: Bangkok Bank tie-up business collaboration with Joyo Bank
Bangkok Bank Executive Vice President Hitoshi Ozawa and Joyo Bank Manager Shigeru Hirose announced a business agreement between the two banks aiming to promote investment of Japanese business in Thailand. Bangkok Bank and Joyo Bank will strengthen their coordination and share the local information centered on Thai
KTC introduces a series of promotions for card members this summer at Asean’s largest travel exhibition “10th Thai International Travel Fair”.
Mrs. Pittaya Vorapanyasakul, Executive Vice President —Synergy Business Department, “KTC” or Krungthai Card Public Company Limited, said “KTC has been supporting the Thai International Travel Fair all along and all installments were a great success. As for this 10th installment, we are offering
Photo Release: Aberdeen helps flood victims in Thailand
Miss Sujaree Junsawang, Director, Aberdeen Asset Management presented a donation of THB 300,000 to Lt. Gen. Dr. Amnat Barlee, Director of Relief and Community Health Bureau, The Thai Red Cross Society. The donation is a grant from Aberdeen Asset Management to the Thai Red Cross Society to help alleviate suffering of
Fitch Rates Siam Commercial Bank’s Sub Debentures ‘AA-(tha)’
Fitch Ratings (Thailand) has assigned a National Long Term rating of ‘AA (tha)’ to Siam Commercial Bank Public Company Limited’s (SCB; National Long Term Rating: ‘AA(tha)’/Outlook Stable) unsecured subordinated debentures of up to THB20bn, with a maturity of 10 years. The proceeds will be
Thai bourse’s 2012 CSR plan to strengthen companies’ CSR
Corporate Social Responsibility Institute (CSRI) of The Stock Exchange of Thailand (SET) and Thaipat Institute announce that their 2012 corporate social responsibility’s (CSR) direction will focus on strengthening listed companies’ CSR activities by providing guidelines and training to cope with natural