Thailand News

Thailand News Fri 3 Apr 2020

Techstars Launches Global Online Startup Weekend Events Aimed at Fighting COVID-19

PRNewswire Press Releases

Calling inventors, innovators and developers from all over the world to come together to tackle virus related issues in the first of its kind series hosted in more than 60 countries Techstars, the global platform for investment and innovation, today announced the launch of the first of its kind Global Online Startupread more

Carrier Becomes Independent, Publicly Traded Company, Begins Trading on New York Stock Exchange

PRNewswire Press Releases

Spin off complete from United Technologies Corp. Carrier Global Corporation (NYSE: CARR) today debuted as an independent, publicly traded company after successfully completing its separation from United Technologies. Shares of Carrier, a global leader in creating building and refrigeration solutions that matter forread more

BOT: Deposit Facility Window

Bank of Thailand

As of April 03, 2020 Settlement Date 03 Apr 2020 Maturity Date 07 Apr 2020 Tenor 1D Deposit Amount (Mil.Baht) 3,014 Rate Accepted(%) 0.250 Source: Bank of Thailandread more

Rates of Exchange of Commercial Banks in Bangkok Metropolis (2002-present)

Bank of Thailand

Last Updated: 03 April 2020 18:00 03 APR 2020 02 APR 2020 01 APR 2020 31 MAR 2020 30 MAR 2020 1 REFERENCE RATE : US DOLLAR (USD) 32.9050 33.0680 32.9180 32.6990 32.6630 2 USA : DOLLAR (USD) 3 BUYING SIGHT 32.6645 32.8248 32.6345 32.4257 32.3965 4 BUYING TRANSFER 32.7492 32.9203 32.7228 32.5125 32.4836 5 SELLINGread more

BOT: Spot Rate and Swap Point

Bank of Thailand

03 APR 2020 02 APR 2020 01 APR 2020 BID OFFER BID OFFER BID OFFER Spot Rate : USD/THB 32.970 32.990 32.970 32.985 32.935 32.950 Swap point (in Satangs) Onshore 2/ 1 Month 0.250 0.100 0.500 0.500 3.000 0.200 3 Months 2.250 1.500 2.500 1.500 2.500 1.500 6 Months 4.500 3.750 4.500 3.000 4.500 3.500 Source: 1. Bank ofread more

BOT: Daily Exchange Rate

Daily Exchange Rates

Weighted average Interbank Exchange Rate 32.905 Baht/US Dollar Average Counter Rates Quoted by Commercial Banks (Baht / 1 Unit of Foreign Currency) Country Currency Average Buying Rates Average Sight Bill Transfer Selling Rates UNITED STATES USD 32.6645 32.7492 33.0585 UNITED KINGDOM GBP 40.1807 40.3135 41.1452 EUROread more

Huawei Atlas 900 AI Cluster Wins the Red Dot Award 2020

Huawei Atlas 900 AI Cluster Wins the Red Dot Award 2020

PRNewswire Press Releases

The Huawei Atlas 900 AI cluster is the winner of the Red Dot Award 2020, standing out from thousands of entries to clinch the prize. Reviewed by a professional jury panel, the Atlas 900 AI cluster is recognized for its sharp design and groundbreaking innovation. After the Atlas 300 and Atlas 500, Atlas 900 becomes theread more

Tops and Central Food Hall announce new opening hours from April 3 onward

Tops and Central Food Hall announce new opening hours from April 3 onward

PRESS RELEASE LOCAL

Under the government’s Emergency Decree and recently imposed curfew which bans people nationwide from leaving their homes during 22.00 – 04.00 from April 3 onward in order to reduce the spread of COVID 19, the company recognizes the importance of the safety of our customers, partners and employees and isread more

Photo Release: Heritage Thailand Foundation hands supplies to encourage northern fire-fighting team against Chiang Mai fire crisis

Photo Release: Heritage Thailand Foundation hands supplies to encourage northern fire-fighting team against Chiang Mai fire crisis

PRESS RELEASE LOCAL

Heritage Thailand Foundation under Heritage Group, Thailand's leading premium natural food and beverage producer, led by Suriya Moonsri (center), National Sales Director of Heritage Group and Heritage employees prepare Heritage’s food and beverage products aiming to encourage the forester and volunteer team whoread more

OmniSci Announces Expansion to Address Growing Demand in Asia, Adds Joseph Lee as Vice President, Global Sales

OmniSci Announces Expansion to Address Growing Demand in Asia, Adds Joseph Lee as Vice President, Global Sales

PRESS RELEASE LOCAL

Company Hires Herfini Haryono as Vice President, Industry Verticals To Further Strengthen Regional Presence OmniSci, the pioneer in accelerated analytics, today announced its expansion to Asia, the next step in meeting the intensifying global demand for the company’s analytics capabilities. Based in Singapore,read more

Fitch Affirms Ratings of Krung Thai Bank and its Securities Subsidiary

PRESS RELEASE LOCAL

Fitch Ratings has affirmed Krung Thai Bank Public Company Limited's (KTB) Long Term Issuer Default Rating (IDR) at 'BBB' and National Long Term Rating at 'AA+(tha)'. Fitch has also affirmed the bank's 50% owned securities firm Krungthai Zmico Securities Company Limited's (KTZ) National Long Term Rating at 'A+(tha)'.read more

Fitch Downgrades Siam Commercial Bank to 'BBB' on Coronavirus Outbreak

PRESS RELEASE LOCAL

Fitch Ratings has downgraded The Siam Commercial Bank Public Company Limited's (SCB) Long Term Issuer Default Rating (IDR) to 'BBB' from 'BBB+' and Short Term IDR to 'F3' from 'F2'. At the same time, Fitch has affirmed SCB's National Long Term Rating at 'AA+(tha)' and the National Long Term Rating of its wholly ownedread more

BOT: Monetary Base and International Reserves Report

Bank of Thailand

International Reserve* (billions of baht) 7,379.30 7,151.90 7,324.70 (billions of US$) 227.20 219.90 229.20 Net Forward Position* (billions of US$) 34.40 35.10 32.00 Net Credit to Government (billions of baht) 254.30 108.10 11.10 Net Credit to Financial and Other sectors (billions of baht) 5,701.60 5,690.80 5,843.60read more

Unilever Thailand Makes 40 Million Baht Donation to Hospital Heroes against Covid

Unilever Thailand Makes 40 Million Baht Donation to Hospital Heroes against Covid

PRESS RELEASE LOCAL

Deputy Prime Minister and Minister of Public Health has accepted a donation of 40 million THB worth Unilever products which will go directly to front line healthcare workers at hospitals across Thailand to help fight the pandemic COVID 19. Unilever Thailand is donating 1 million essential items consisting of 100,000read more

Fitch Downgrades KASIKORNBANK to 'BBB' on Coronavirus Outbreak

PRESS RELEASE LOCAL

Fitch Ratings has downgraded KASIKORNBANK Public Company Limited's (KBank) Long Term Issuer Default Rating (IDR) to 'BBB', from 'BBB+', with a Stable Outlook, its Short Term IDR to 'F3' from 'F2', its Viability Rating to 'bbb', from 'bbb+', its senior unsecured rating to 'BBB', from 'BBB+', and its Basel III Tier 2read more