Thailand Financial News

The Federation of Thai Capital Market Organization (FeTCO) cordially invites you to a keynote address on “Views of the Thai economy: reflections from the capital market”, and a panel discussion on “Thai economy and capital market before the general election” on Thursday  May 3, 2007, between 09:00 – 12:00 hours at  Prof.
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Ratchaburi Electricity Generating Holding PCL. (RATCH), the leading independent power producer of the country, announced the Company and its subsidiaries’ unreviewed 1st quarter operating performance of year 2007. The Company recorded net profit of Baht 2,049  million  which presented 6% of growth from the same period of last year Mr.
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KGI Securities (Thailand) Public Company Limited held an Annual General Meeting of Shareholders 1/2007, presided over by Mr. Chin-Lung Tseng, Chairman of the Board (seated, center). Dr. Pisit Leeahtam, Vice Chairman of the Board (seated, second from right) and other executive board members Mr.
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Fitch Ratings has today said the credit risk of the overall iTraxx Asia ex-Japan Series 7 credit default swap (CDS) index remains broadly stable, following the recent rollover from Series 6. The weighted average rating has remained the same (’BBB’/'BBB-’(BBB minus) in Series 7, although the weighted average rating factor has deteriorated slightly to 5.30 from 5.06 in Series 6.
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KGI Securities (Thailand) Public Company Limited greeted guests from Saigon Securities Incorporation, a top market share brokerage firm in Vietnam. They visited KGI’s operation and trading room and viewed KGI securities trading system at the United Center Building Head Office, Silom Road.
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HSBC Credit Cardholder who has the highest spending at ZEN during 1-8 May 2007 (spending amounts can be accumulated during the eight days) will receive a full 3 days 2 nights package tour in Singapore with Singapore Airlines. The top shopper will also represent Thailand to compete for the best of shopper title at Great Singapore Sale in Singapore and stand a chance to win prizes worth more than 200,000 baht.
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New Trio of Enterprise-class HDDs Built for Performance, Reliability and Capacity; Company Secures Position for Growth in Enterprise Segment Poised to secure a stronger foothold in the enterprise hard drive market segment, Hitachi Global Storage Technologies (Hitachi), today announced a trio of new products: the 15K RPM Ultrastar? 15K300, 7200 RPM Ultrastar A7K1000, and the company’s first small form factor (SFF) enterprise hard drive, the 10K RPM Ultrastar C10K147.
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Announces strategic partnership to develop luxury resort in Thailand Istithmar Hotels FZE, announced today it is to partner with leading Thai developer Amburaya Resorts to build and operate the W Hotel & Residences – Koh Samui, a 70-room luxury hotel opening in late 2008.
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KDDI Corporation and Mitsubishi-Tokyo-UFJ Bank jointly established the Mobile Net Bank Development Corporation in May, 2006 in preparation for the two companies to launch a mobile ‘New Bank’. The Development Corporation has since been formalizing the business plan, finalizing products and services, and building the required core systems for the New Bank.
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Fitch Ratings has affirmed the ratings of Eighteenth Bank, Ltd. (Eighteenth), Higashi-Nippon Bank, Ltd. (Higashi-Nippon), Suruga Bank, Ltd. (Suruga) and Toho Bank, Ltd. (Toho) while revising the ratings Outlook of these four banks. At the same time, it has affirmed the ratings of Momiji Bank, Ltd.
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