Showing 1 - 9 of 9
Energy Absolute says it can pay debts after stock dive
Bloomberg, Published on 01/07/2024
» Thailand’s largest renewable energy company, Energy Absolute Plc, assured creditors that it has sufficient cash flows to service all existing debt, after a sudden drop in its share price spooked the market.
IRPC and SCB Sign Sustainability-Linked Forward Contract
Published on 01/07/2024
» IRPC, led by Phichin Aphiwantanaporn, Senior Executive Vice President of Corporate Accounting & Finance, along with Somruidee Charoenkrongsakul, Acting Senior Vice President of Corporate Accounting & Finance, in collaboration with Siam Commercial Bank (SCB), led by Soramon Inkatanuvatana, First Executive VP-Corporate Banking 1 Function, and Patrick Poulier, Executive Vice President & Head of the Financial Markets Function, signed an MoU to initiate Sustainability-Linked Forward Contracts aimed at preventing foreign exchange risks and promoting sustainable development.
Saha Group Partners with DHL to Cut Carbon Emissions
Published on 01/07/2024
» Saha Group, along with its 70 subsidiaries, is partnering with DHL Express to drive sustainability in air freight operations. Through the use of DHL Express’ GoGreen Plus service, Saha Group’s subsidiaries will leverage Sustainable Aviation Fuel (SAF) to reduce carbon emissions associated with their air shipments. This partnership aims to minimise the environmental impact of Saha Group’s logistics activities, with SAF enabling more than an 80% reduction in the lifecycle carbon emissions of air transport shipments.
Boeing to buy struggling supplier Spirit Aero
Reuters, Published on 01/07/2024
» BENGALURU, India - Boeing said on Monday it would buy its struggling supplier Spirit AeroSystems in a US$4.7 billion all-stock deal which was finalized after months of talks, as the aerospace giant tries to solve a full-blown safety and regulatory crisis that has engulfed its key supplier as well.
Bangchak’s Debenture Oversubscribed Eightfold, Issuance Hits THB 10 Billion
Published on 01/07/2024
» Bangchak Corporation Public Company Limited has successfully issued and offered debentures, attracting investors’ interest exceeding its initial target, driving the total issuance to THB 10 billion. This reflects investors' confidence in Bangchak, with its debentures assigned a credit rating of "A" by TRIS Rating.
Do subsidies affect consumption?
Business, Yuthana Praiwan, Published on 01/07/2024
» Government attempts to limit energy prices in Thailand may please the public in the short term, but they are raising concerns about fuel consumption over the long term.
Morningstar touts global bond funds' popularity
Nuntawun Polkuamdee, Published on 01/07/2024
» Global bond funds have been popular over the past year and a half, attracting investments worth 88 billion baht and generating an average return of 0.50% this year to date, according to Morningstar Research (Thailand).
Buyers without borders
Kanana Katharangsiporn, Published on 01/07/2024
» The cabinet last month resurrected the controversial issue of offering more welcoming residential property measures for foreign buyers.
Supreme Spain reach Euros last eight to shatter Georgia dreams
Reuters, Published on 01/07/2024
» COLOGNE: Three-times champions Spain survived the early scare of an own goal to beat a spirited Georgia 4-1 on Sunday and reach the last eight of Euro 2024, dominating in an exhilarating encounter that brought an end to the minnows' fairytale run.