THAI’s Board Meeting Results
Today (26 February, 2010) at the Head Office of Thai Airways International Public Company Limited, the Board of Directors Meeting was chaired by Mr. Ampon Kittiampon, THAI’s Chairman of the Board of Directors, reaching the following resolutions :
1. (more…)
Speculative-Grade Composite Spread Tightens Marginally To 638 Basis Points
Standard & Poor’s investment-grade composite spread remained unchanged yesterday at 190 basis points (bps), while its speculative-grade counterpart tightened one basis point to 638 bps. By rating, the ‘AA’ spread remained unchanged at 136 bps, ‘A’ expanded one basis point to 165 bps, ‘BBB’ remained unchanged at 226 bps, ‘BB’ tightened 2 bps to 460 bps, ‘B’ remained unchanged at 657 bps, and ‘CCC’ compressed one basis point to 982 bps.
By industry, banks and telecommunications expanded one basis point each to 267 bps and 303 bps, respectively. (more…)
Trend Micro To Spearhead the Thai Security Market with Threat Protection Solution in 2010 and Appoints nForce Security as the New Distributor in Thailand
Trend Micro (Thailand) Co., Ltd., a global leader in Internet content and dynamic datacenter security, appoints nForce Security Systems AP Co., Ltd. as the new distributor to focus on data security market in Thailand due to solid experience, readiness of a team of experts and the comprehensive distribution channel to drive sales growth of Trend Micro products by 50 % including Datacenter Security, Data Protection and other services Mr. (more…)
Banpu reports 2009 results Greater profit driven by both coal and power businesses
Banpu Public Company Limited (BANPU) reports its financial results for the 2009 fiscal year, recording a net profit of THB 14,229 million, an increase of THB 5,001 million or 54 percent from the previous year as a result of stronger performance from both coal and power businesses.
The total net profit consisted of THB 10,444 million from coal business and THB 3,785 million from power business, accountable respectively for 73 percent and 27 percent of the total earnings. (more…)
Recovery Rates In 2008-2009 Were Below The Long-Term Average, Article Says
Ultimate recovery rates displayed considerable cyclicality in 2009, in sync with the ebb and flow of liquidity, said an article published today by Standard & Poor’s, titled “U.S. Recovery Study: Increased Defaults And Low Liquidity Depressed Recovery Rates In Early 2009 (Premium).”
“Preliminary data for 2009 suggest that the shock to liquidity from events such as the Lehman Brothers’ bankruptcy in the fall of 2008 severely affected exit valuations of defaulted securities, as well as the values of nondefaulted securities,” said Diane Vazza, head of Standard & Poor’s Global Fixed Income Research Group. (more…)
Speculative-Grade Composite Spread Expands To 639 Basis Points
Standard & Poor’s investment-grade and speculative-grade composite spreads expanded yesterday to 190 basis points (bps) and 639 bps, respectively. By rating, the ‘AA’ and ‘A’ spreads remained unchanged at 136 bps and 164 bps, respectively, and ‘BBB’ expanded one basis point to 226 bps. (more…)
MAS senior management staff movements
The Monetary Authority of Singapore (MAS) announced today that Shane Tregillis, currently Deputy Managing Director, Market Conduct, will leave MAS on 11 March 2010 on completion of his contract. Tregillis joined MAS in November 2001. He has been responsible for the regulation and supervision of market conduct. (more…)
Minister of Foreign Affairs, receives financial contribution to help Haiti from District Governors of Rotary International
Mr. Kasit Piromya, Minister of Foreign Affairs, receives financial contribution to help Haiti from District Governors of Rotary International. On Wednesday 24 February 2010 at 17.00 hrs. At Ministry of Foreign Affairs. For more information please contact: 02-643-5105, 02-643-5000-2619
Triumph Inspiration Award 2010: “Shape Sensation” is the New Design Challenge for Young Designers in the Third Year of the Worldwide Lingerie Design Competition
For the third year, Triumph International, one of the world’s leading lingerie and shapewear brands, invites young students from world-renowned fashion schools to prove their creativity in an international design contest of the highest calibre. The winning designs from 29 countries will need to impress a prestigious international jury at the grand final, this year held in the fashion metropolis of London, as well as the worldwide online community at http://www.triumph-inspiration-award.com.
To view the Multimedia News Release, please click: http://multivu.prnewswire.com/mnr/prne/triumph/40783
By interpreting the design theme “Shape Sensation”, upcoming talent will take centre stage with their multinational view of shapes and silhouettes in the Triumph Inspiration Award 2010. (more…)
Unisys and Bank of Taiwan continue relationship for application outsourcing and ClearPath mainframes
Unisys Corporation (NYSE:UIS) today announced that its Taiwanese subsidiary has received a new two-year contract from the Bank of Taiwan. Under the agreement, Unisys will extend its new core banking system to support the bank’s seven overseas branches and manage requirements under Taiwan’s Anti-Money Laundering (AML) legislation. (more…)