Thailand Financial News

The Hong Kong Monetary Authority (HKMA) has recently completed a round of on-site examinations of selected authorized institutions (AIs) on their controls over customer data protection. In general, all AIs examined have strengthened their security controls after completing the data security self-assessment requested by the HKMA in 2005.
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BT has announced that the Taiwan Stock Exchange Corporation (TSEC) has signed an agreement to distribute its market data globally.    BT will utilize BT Radianz’s shared market infrastructure to support the distribution of the Exchange’s real-time data.
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OCBC Bank first in Asia to recognise and prompt customers to update their contact details via ATMs
Oversea-Chinese Banking Corporation Limited (“OCBC Bank”) has become the first bank in Asia to launch an interactive ATM service that recognises and prompts customers to update their contact details, offering them greater convenience as well as enhancing the productivity at the bank.
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Citigroup announced cash management mandate wins in China at the 4 th annual EuroFinance Conference on Cash, Treasury and Risk Management in China, which was held on November 8-9 in Shanghai.
This year’s conference, sponsored by Citigroup Corporate and Investment Banking, was the last industry wide event before Chin a’s WTO full liberalization process commences on December 11, 2006.
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Moody’s Investors Service has extended its review for possible upgrade of Korea Exchange Bank’s (KEB) long-term credit ratings. At the same time, the rating agency has also placed the bank’s D bank financial strength rating (BFSR) on review for possible upgrade.
Details of all ratings can be found below.
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Eternity Grand Logistics Plc’s shares commenced trading on the Market for Alternative Investment (MAI) today, making history in being the first and only local integrated logistics company to be listed in Thailand. Mr. Poonsak Thiapairat, Managing Director of Eternity Grand Logistics Plc, revealed that ETG hopes that being listed on the MAI will enable it to increase its competitiveness in the near future.   In fact, ETG aims to fulfill its vision of being ‘the leading logistics company in the region’ – that is the Indo-china region — within the next 3 years.
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FANNIE MAE…
WASHINGTON, D.C.: Fannie Mae will redeem the principal STELLA ARTOIS…
STOCKHOLM: Stella Artois is launching “Le Defi - une affaire MOBILE RADIATION…
SAN FRANCISCO: Amid a growing body of studies indicating CHINESE APPROVAL…
NASSAU, Bahamas: Global Environmental Energy Corp (Bahamas) QUAD INTEGRATES…
PETALUMA, and NEWPORT BEACH, California: QUAD, developer of MOTOFONE DEBUTS…
LIBERTYVILLE, Illinois: Motorola, Inc., a global leader in PREGABALIN EFFECTIVE…
SYDNEY: Findings from a new study published in the journal ALCAN PRIZE…
NEW DEHLI: Alcan and the International Business Leaders MOUSER ELECTRONICS…
MANSFIELD, Texas: Mouser Electronics, Inc., the fastest EURAIL ADDS…
UTRECHT: The EURAIL GROUP G.I.E.
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Market Transformation, Technology Convergence and Influx of New Players Pose Tremendous Opportunities if acted on Accordingly Next Twelve Months to Determine the Future Direction and Stability of the Industry In advance of the biggest week for the telemunications industry since the turn of the millennium, the 11th Annual 3G World Congress and Mobility Marketplace (4-7th December) publicly urges the industry’s key players to consider carefully their contribution to the stability of the world’s communications infrastructure, and encourages them to engage in debate on a macro level, as well as focusing on their own products and revenue streams.
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In light of recent misleading media articles, Lehman Brothers, the global investment bank, wishes to clarify the situation relating to a review conducted by Thailand’s Department of Special Investigation (DSI) with regard to the Financial Sector Restructuring Authority (FRA).
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The Technology Promotion Association (Thailand-Japan), together with Thai and Japanese public and private industry organizations, have launched the “Thai-Nichi Institute of Technology” to produce specialized personnel to support the expansion of Thailand’s industry and investment sectors, which are growing at 7.6 %.
The first semester, starting in 2007, will award 120 scholarships to celebrate the 120th Anniversary of Thailand-Japan Relations.
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