Carabao Group donates Woody C+ Lock to officials in Bang Pakong District during height of COVID-19 pandemic
Carabao Group PCL wishes to be part of the support for the officials who are at the frontline of this trying crisis, offering heartfelt thanks and goodwill through the donation of Woody C+ Lock drinks to help boost the immune system of the officials and the medical personnel.
Mr.Kamoldist Smuthkochorn, Chief Operations Officer at Carabao Group PLC and Ms. Kanokkorn Jaichuen, Public Relations Manager of Carabao Tawandang, donated Woody C+ Lock Lemon, Woody C+ Lock Orange and Woody C+ Lock Mixed Berry – beverages that contain 200% vitamin C – to healthcare officials and personnel in Bang Pakong District. The recipients of Woody C+ Lock products included Bang Pakong Hospital (received by Dr. Suthon Khoonraksa, Director), Phimpha Tambon Health Promotion Hospital (received by Ms. Porntip Mingcharoen, Director) and Chachoengsao Provincial Social Security Office (received by Mr. Hattaripim Namongkolboonwong, General Administration Officer) to show gratitude and support, as well as boost the immune system of the officials during the pandemic.
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Carabao Group donates Woody C+ Lock to officials in Bang Pakong District during height of COVID-19 pandemic
As COVID-19 positive cases continue to rise, the situation continues to have devasting effects all over Thailand, prompting related organizations and officials to sacrifice their personal safety and work tirelessly to help relieve the overwhelming suffering of many of those affected by the novel virus. Carabao Group PCL wishes to be part of the support for the officials who are at the frontline of this trying crisis, offering heartfelt thanks and goodwill through the donation of Woody C+ Lock drinks to help boost the immune system of the officials and the medical personnel.
We truly hope that the willpower of all Thai citizens will get us through this difficult time together.
dtac partners with EEF to connect 2,000 disadvantaged schoolchildren
dtac announced it is providing SIMs with unlimited internet connectivity to 2,000 children in Bangkok
Today, dtac announced it is providing SIMs with unlimited internet connectivity to 2,000 children in Bangkok under the supervision of Thailand’s Equitable Education Fund (EEF). This will allow these schoolchildren to continue studying despite the Covid-19 lockdown.
Dr. Kraiyos Patrawart, Deputy Managing Director of the Equitable Education Fund (EEF), said, “The COVID-19 pandemic has impacted both public health and the economy. Many families found themselves with more dependents and many adults have become jobless. EEF found that the average household income of children under EEF supervision dropped by 11 percent in the academic year 2019-2020, down to 1,021 baht per month or only 34 baht a day. The fresh wave of Covid-19 has led to an increase of 10 percent in acute poverty.”
Mr. Sharad Mehrotra, Chief Executive Officer at Total Access Communications Plc or dtac, said, “With Thailand now under another lockdown and all schools closed, we must find ways for children to study remotely. Unfortunately, online learning can be a struggle for children who cannot afford a fast and reliable connection. Thus, dtac has several initiatives to support uninterrupted connectivity for students. And the 2,000 SIMs dtac distributed to disadvantaged schoolchildren are one more way to ensure unlimited connectivity for those who need it most.”
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dtac partners with EEF to connect 2,000 disadvantaged schoolchildren
The SIMs distributed by dtac come with unlimited internet at 4 Mbps, which is sufficient for videoconferencing and any other educational needs the children may have.
“dtac is committed to creating a digitally inclusive society under the responsible business strategy. We’re delighted to partner with EEF to narrow the gap of educational inequality. And we look forward to seeing disadvantaged children connected once more with their teachers and with online learning tools,” Mr. Mehrotra added.
According to its survey, EEF categorizes 151,000 children as the poorest students in Thailand. The average monthly income of their family members is between 40-300 US dollars (about 1,300 to 9,900 baht). Bangkok is one out of 10 provinces with the highest number of poor children.
EEF also found that over 270,000 children face learning difficulties without access to the internet in the provinces most affected by Covid-19. Thus, dtac and EEF announced they would work together towards a long-term online learning solution to further these children’s digital inclusion.
Mr. Kraiyos said, “Connectivity plays a critical role in keeping schoolchildren connected to their educators, reducing inequality and enabling distance learning. Access to the internet neutralizes the impact of lockdowns and increases access to inclusive education for children. Therefore, internet connectivity is essential social welfare on top of food and health security. As the government cannot do this alone, the private sector can help bridge this gap and reduce disparities among children. We are also supporting these 2,000 children with the StartDee application that will help them gain access to online learning under the project ‘Free School-in-a-Box.'”
dtac partners with EEF to connect 2,000 disadvantaged schoolchildren
Previously, dtac launched a number of initiatives to support distance learning, supporting connectivity for schoolchildren and youth to alleviate the additional costs caused by Covid-19. For example, the Happy Work & Learn package offers unlimited data allowance with a maximum speed of 10 Mbps for productivity apps, such as Microsoft 365, Zoom and WebEx.
In addition, dtac is working with the office of the National Broadcasting and Telecommunications Commission (NBTC) to provide a free-of-charge package of online learning, allowing schoolchildren unlimited use of productivity apps – MS Teams, Zoom, Google Meet, Web-Ex, and Line Chat – with a maximum speed of 2 GB monthly for two months. Schoolchildren can apply to join the program through their school. The program will commence from August 15 onwards.
B.Grimm Power – Energy China Consortium completes work at world’s largest hydro-floating solar hybrid project at Sirindhorn Dam
EGAT ready to commence commercial operation this October
The B.Grimm Power-Energy China Consortium has successfully completed works at the world’s largest hydro-floating solar hybrid project at Sirindhorn Dam for the Electricity Generating Authority of Thailand (EGAT).
The completion has allowed the first synchronisation of the 45-megawatt floating solar farm, which operates in tandem with the 45-MW hydro powerhouse at Sirindhorn Dam, with EGAT’s grids on 30 July 2021. That kicked off the trial process that is paving the way for commercial operation in October this year as scheduled by the state power utility.
As the contractor of EGAT, the consortium of B.Grimm Power Public Company Limited (BGRIM) and China Energy Group Shanxi Electric Power Engineering Co Ltd (Energy China), has accomplished its tasks for the Sirindhorn Hydro-Floating Solar Hybrid Project (SHFSHP) as per the 842-million-baht contract signed on 20 January 2020.
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B.Grimm Power – Energy China Consortium completes work at world’s largest hydro-floating solar hybrid project at Sirindhorn Dam
Those works include the installation of seven sets of solar cell panels, buoys, concrete underwater anchor system and a switchgear building at the site in the northeastern province of Ubon Ratchathani.
“We are pleased and proud to be a part of the endeavour that brings a new era for renewable energy development in Thailand by integrating solar and hydroelectric power in a hybrid system,” said Dr Harald Link, Chairman and President of BGRIM.
The successful synchronisation of SHFSHP means the realisation of a landmark eco-friendly energy scheme that helps to strengthen the country’s security of power supply, he added.
The solar farm covers the surface area of over 450 rai of the dam’s reservoir. The solar panels and related equipment are mounted on buoys made from High Density Polyethylene (HDPE) that is not harmful to aquatic animals and the environment. The solar panels used for the scheme are of double glass type and the system is moisture resistant, being able to withstand water movement of the reservoir and a constant wind force.
The system shares various existing resources at the dam including transformers, transmission lines and high voltage stations, thus making the operation cost effective translating into lower tariff. It also helps reducing greenhouse gas (CO2) emissions by about 47,000 tonnes per year.
B.Grimm Power – Energy China Consortium completes work at world’s largest hydro-floating solar hybrid project at Sirindhorn DamDr Link said the SHFSHP shows the way for similar concept development at other dam sites in the future. Thanks to BGRIM’s capability readiness and cooperation with Energy China, one of the largest state-owned energy enterprises in the People’s Republic of China, the consortium is well positioned to undertake projects of the kind, he noted.
Energy China has the advantages in cost management, procurement of materials and equipment, development of quality engineering techniques, efficiency to support the development and construction of internationally recognised power plant projects.
BGRIM, Thailand-based global energy producer, is committed to environmental stewardship through the development of clean energy and responding to changing energy demand patterns of various organisations especially those on international level that have a long-term policy to curb carbon dioxide emission.
The company is ready to support their drive to increase the proportion of clean energy use, reducing global warming and taking care of the environment together in a sustainable way, Dr Link concluded.
Huawei Empowers Thailand with Digital Technology to Become ASEAN’s Next Digital Hub and Carbon Neutral Leader
Huawei Empowers Thailand with Digital Technology to Become ASEAN’s Next Digital Hub and Carbon Neutral Leader, expanding Digital Power business to Strengthen its Commitment
Huawei continues its strong support for promoting Thailand’s digital transformation through business expansion with its first Digital Power business in Thailand, continued investment in 5G, cloud and local digital talent development. Huawei will reinforce its commitment to empowering the country, a key strategic market, to become ASEAN’s digital hub and carbon neutrality leader, to fulfill the mission of ‘Grow in Thailand, Contribute to Thailand’.
In the ‘HUAWEI – Meet the Press’ virtual press event, Mr. Jay Chen, Vice President of Huawei Asia Pacific talked about global technological trends for the age of the ‘new normal’: “The last couple of years have been challenging for all of us. But in our combat with the pandemic, all countries begin to see the growing dependence on digital technologies. According to the latest Global Connectivity Index, countries better positioned with ICT will suffer less social and economic impact from the pandemic and will achieve faster recovery. Take Thailand for example, the pandemic has shown that its previous strong investment in ICT infrastructure and digital technologies play a critical role in restoring resilience during crisis.”
He reiterated Huawei’s commitment to supporting Asia Pacific countries’ digital transformation, and further emphasized that in the region, Thailand has gradually emerged as the digital hub for ASEAN from several aspects. Firstly, at the national level, Thailand has developed the Digital Economy and Society Development Plan, aiming to develop digital economy growth and achieve the visionary Thailand 4.0. Secondly, based on the Speedtest Global Index 2020, Thailand ranked first among 176 countries in terms of fixed broadband Internet speeds. It has now become the forerunner in 5G infrastructure construction. Thirdly, Thailand is one of the ASEAN leading countries to integrate 5G technologies in agriculture, healthcare, manufacturing and build digital ecosystem. Furthermore, Thailand has shown rapid progress in cultivating digital talents. In this process, Huawei has contributed through programs such as Huawei ASEAN Academy. In the next five years, Huawei ASEAN Academy aim to train more than 300 thousand local talents in total, with nearly one third of contributions coming from Thailand.
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Mr. Abel Deng, CEO, of Huawei Technologies (Thailand) Co., Ltd revealed the support for Thai market saying that “Huawei Technologies (Thailand) has a long-term mission in social value contributions for Thailand and the company is committed to continuously contribute to the country, as well as to supporting Thai people and businesses. The contributions span over three areas, namely, Huawei’s support to fight against COVID-19, digital talents ecosystem cultivation and SMEs and Startups ecosystem support.
Since the early COVID-19 outbreak in Thailand, Huawei has been closely working with Thai hospitals and partners to present AI-Assisted services to Ramathibodi and Siriraj Hospitals which helped speed up COVID-19 diagnosis results, to as quick as 25 seconds per case. Also, collaborating with the National Broadcasting and Telecommunications Commission (NBTC) to pioneer the use of unmanned vehicle in Siriraj Hospital to bring about contactless delivery solution of medical supplies. After the third pandemic wave in May 2021, Huawei delivered 5G telemedicine, InPatient area Intelligent Management, and eLTE broadband trunking, worth more than 6 million THB, to the Bang Khun Thien field hospital. The company also worked with the Digital Council of Thailand (DCT) to provide Cloud solution to Thammasat Field Hospital.
Huawei Empowers Thailand with Digital Technology to Become ASEAN’s Next Digital Hub and Carbon Neutral LeaderAs Huawei believes the key to drive digital development lies in an upskilled talent foundation, we have been proactively enabling Thailand 4.0 through digital talent cultivation. Since 2019, we have invested approximately 180M THB, to launch Huawei ASEAN Academy to empower Thailand’s digital talent development. Within 2 years, we have trained around 16,500 people through this program. For SMEs and Startups support, we have been collaborating with industry key stakeholders, such as the New Economy Academy under the Ministry of Commerce, the Digital Economy Promotion Agency (DEPA), the National Innovation Agency (NIA), local customers and partners to provide new technology, global knowledge and training programs from Huawei ASEAN Academy (Thailand). The collaboration aimed at increasing understanding of the technology and helping them adapt new technology into their business plan.
“Thailand is a strategic market for Huawei. In order to empower Thailand to become the ASEAN Digital Hub and achieve the country’s goal of leading ASEAN in carbon neutrality, we will continuously invest in four domains: 5G, data center & cloud, digital power, and talent development.” he added.
Mr. Deng also stated that as a Leading-Technology and Global Practice on Digital Power, the Huawei technology has been utilized in 170+ countries and regions. Since becoming a separate business unit within Huawei, the digital power business has expanded rapidly, yet steadily, with industry-leading output and market share. In Prefabricated Modular Data Center, Smart PV and Site Power Facility business, Huawei has gained a leadership position within the sector with the largest global market share. For mPower business, Huawei was the world’s first company to innovate new technology called X-in-1 ePowertrain, to raise the energy efficiency of electric vehicles. Moreover, for Modular Power, Huawei has supplied over 300 million high-efficiency Modular Power units globally. In 2020, Huawei’s sale revenue from the digital power business globally reached 5.5 billion USD and served one third of the world’s population.
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This year, Huawei has established its Digital Power business in Thailand. There are now more than 1,000 enterprise customers in the Thai market, 35 of 50 selected Huawei as their digital power partner. The company is now continuously serving more than 50 local partners with services, integration, and solutions. With this establishment, we create more than 1,000 local indirect job opportunities in the country. With highly efficient local team and partners, Huawei expects that leading-technology and global practice adoption will be able to support Thailand toward becoming the ASEAN carbon neutral leader.
“In terms of 5G, with the great support and motivation of Thailand’s operators, we have witnessed that Thailand is the leader in term of 5G network rollout progress compared to the other countries in the region. However, by the end of this year, most of the countries will be catching up. That is why the country needs to have the fastest 5G adoption rate as 5G will help create new economy value including new job opportunities as well as increase the digital economy’ share of GDP. Huawei continues supporting Thailand through ongoing investment in 5G innovation and local ecosystem.
Huawei Thailand has invested 475 million THB for 5G EIC in order to help develop and innovate 5G use case for various industries, create new business models, and upskill for startups and SMEs. The company is also working together with partners to arrange the first 5G Summit in Thailand this year to support the 5G industry and ecosystem in the country. The event will help accelerate digital transformation with 5G in many verticals. With support of DEPA, we will work with ecosystem partners in leading industry sector to initiate 5G alliance in order to build a healthy 5G industry application & innovation ecosystem in Thailand.
Importantly, Huawei will continue to boost the ecosystem to build leading 5G City with high standard 5G network infrastructure to strengthen 5G applications and innovation that will bring new business services and value. This will also push Thailand to become an ASEAN 5G country, also aligning with Thailand’s role as a host for the APEC 2022 Summit, to be held in Bangkok, Pattaya and Chiang Mai.” Mr. Deng added.
“For cloud, Huawei has given priority to our cloud development, we are confident regarding our investment of 700 million THB for the third local data center in Thailand this year. And that makes HUAWEI CLOUD the first and currently the only global cloud service provider with three data centers in Thailand, also creating more than 200 direct job opportunities with 200 local partners. Thailand has great potential to become a preferred destination for international corporations looking to establish their data centers in this region,” Mr. Deng said.
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Huawei’s strong belief is that the key to driving digital development is an upskilled talent foundation. The company has been proactively enabling Thailand 4.0 through digital talent cultivation and will continue to align the workforce gaps and enrich digital talents in Thailand. This is the reason why the company has set up human capital development programs through the Huawei ASEAN Academy (Thailand), with the aim to train a total of 100,000 digital talented people within five years.
“Positively, technology will play a crucial role in connecting everyone together and providing new opportunities. As a leading ICT partner for digital transformation, as well as continuous social value contributor in Thailand for more than 22 years, we will continuously push forward digital transformation in Thailand, and bring digital technology to every person, home, and organization for a fully connected, intelligent Thailand so that the country can recover quickly. With the mission of ‘Grow in Thailand, Contribute to Thailand’, Huawei will reinforce its commitment to helping the country move toward becoming ASEAN’s digital hub and a carbon neutral leader.” Mr. Abel added.
Siam Commercial Bank (SCB) has garnered global gongs yet again, winning an award for Best Bank in Thailand from UK’s Euromoney magazine and a Best Domestic Bank award from Hong Kong’s The Asset magazine.
Siam Commercial Bank Senior Executive Vice President and Chief Financial Officer Manop Sangiambut said, “Having triumphed with these two awards for the thirteenth consecutive year reflects SCB’s strength and discipline in financial management. This firm commitment has led the Bank to excellent operating performance and a stable financial position, while allowing it to implement strategies for dealing with the crises it is facing despite the hardship of current circumstances. SCB continues to focus on providing financial assistance to its customers while committed to developing a new experience in digital services, enabling customers to access solutions to their financial needs more conveniently. These awards have brought great pride to the Bank’s employees, and we believe that it will raise the confidence of our customers and investors as well.”
Euromoney and The Asset magazines are recognized as trusted and influential publications among financial and banking professionals around the globe. Initiated in 1992, the Euromoney Awards for Excellence are presented to banks from some 100 countries for demonstrating excellent performance in banking and finance. The Asset is one of Asia’s trusted publications for the financial and capital markets. Awards are screened and judged by a panel of experts in finance and banking.
GULF and PEA signed a contract on service and maintenance of 115/22 kV switchyard, substation and distribution system
Gulf Energy Development Plc., signed a contract with the Provincial Electricity Authority (PEA), for the service and maintenance of the 115/22 kV switchyard, substation and distribution system.
Gulf Group, led by Mrs. Porntipa Chinvetkitvanit, Deputy CEO, Gulf Energy Plc., and the Provincial Electricity Authority (PEA), represented by Mr. Sompong Preeprem, Governor, virtually signed a contract via Zoom for the service and maintenance of the 115/22 kV switchyard, substation and distribution system. Under this agreement, PEA will perform maintenance work for 19 SPP power plants operated by Gulf Group. The collaboration will enhance electricity distribution through power stations and the transmission line system, ensuring the highest level of stability, efficiency, reliability and safety.
Mrs. Porntipa Chinvetkitvanit, Deputy CEO, Gulf Energy Development Plc., stated: “Gulf Group selected PEA to do the maintenance work for the 19 SPP power plants because PEA is recognized as the nation’s leading maintenance service provider in the power industry. Gulf Group and PEA relationship goes back more than 20 years, so we have confidence in their highly skilled professionals and the quality of equipment and spare parts they select. Because of this, the electrical system is always in good condition which allows the power plants to generate electricity as planned throughout the contract period.
Mr. Sompong Preeprem, Governor, the Provincial Electricity Authority, said: “PEA is delighted that Gulf Group entrusted PEA to provide service and maintenance for the 19 power plants. PEA is ready to provide our expertise and experience to deliver fast and efficient service in order to support greater reliability in electricity distribution, which will contribute to energy and economic development for the country.”
This 3-year contract covers work valued at over 223 million baht, including the maintenance of electrical equipment in the power stations and 115/22 kV transmission lines, as well as hotline cleaning insulator work and 24-hour emergency repair services for 19 SPP power plants under the Gulf Group.
SET falls after daily caseload surges above 21,000 in Thailand
The Stock Exchange of Thailand (SET) Index closed at 1,532.71 on Wednesday, down 9.91 points or 0.64 per cent. Transactions totalled THB99.75 billion with an index high of 1,550.74 and a low of 1,531.58.
In the morning session, Krungsri Securities predicted the index would fluctuate between 1,530 and 1,550 points amid hopes of the lockdown easing if the domestic Covid-19 infection rate slows.
However, the daily Covid caseload surged above 21,000 new infections again on Wednesday.
It added that the index would be buoyed by mass buy-ups of export-related stocks and shares in companies whose second-quarter business turnover is expected to improve.
“However, the falling oil price and outflow of foreign funds would pressure the index,” Krungsri Securities said.
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The 10 stocks with the highest trade value today were INTUCH, GUNKUL, ADVANC, PTT, KCE, GULF, KBANK, STA, TIDLOR and STGT.
Other Asian indices were mixed:
Japan’s Nikkei Index closed at 28,070.51, up 182.36 points or 0.65 per cent.
China’s Shanghai SE Composite Index closed at 3,532.62, up 2.69 points or 0.076 per cent, while the Shenzhen SE Component Index closed at 15,021.17, down 36.42 points or 0.24 per cent.
Hong Kong’s Hang Seng Index closed at 26,660.16, up 54.54 points or 0.20 per cent.
South Korea’s KOSPI closed at 3,220.62, down 22.57 points or 0.70 per cent.
Taiwan’s TAIEX closed at 17,227.18, down 96.46 points or 0.56 per cent.
Stock buy-ups, hopes over lockdown easing may beef up SET Index
The Stock Exchange of Thailand (SET) Index rose by 3.94 points or 0.26 per cent to 1,546.56 on Wednesday morning.
Krungsri Securities predicted the index would fluctuate between 1,530 and 1,550 points amid hopes of the lockdown being eased as domestic Covid-19 cases are seen to be declining.
It added that mass buy-ups of stocks related to export, and stocks of companies whose second-quarter business turnover is expected to improve, would help boost the index.
“However, the falling oil price and outflow of foreign funds would pressure the index,” Krungsri Securities said.
It advised investors to follow the US Consumer Price Index for July as consensus expectation is that it would rise by 4.3 per cent year on year.
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It recommended selective buying of the following companies’ shares as an investment strategy:
▪︎ Hana, KCE, TU, CPF, GFPT, Asian, EPG, Sun and NER, which benefit from a weakening baht.
▪︎ BCH, CHG, DoHome, CKP, CBG, OSP, Ichi, BEC, Gunkul, JWD, Wice, Sonic, TTA, RCL and Lanna, whose second-quarter business turnover is expected to improve.
The SET Index closed at 1,542.62 on Tuesday, up 2.43 points or 0.16 per cent. Transactions totalled THB81.61 billion with an index high of 1,551.61 and a low of 1,539.40.
The price of gold dropped by THB50 per baht weight in morning trade on Wednesday.
AGold Traders Association report at 9.24am showed the buying price of a gold bar at THB27,300 per baht weight and selling price at THB27,400, while gold ornaments cost THB26,802.88 and THB27,900, respectively.
At close on Tuesday, the buying price of a gold bar was THB27,350 per baht weight and selling price THB27,450, while gold ornaments cost THB26,863.52 and THB27,950, respectively.
The spot gold price on Wednesday morning was moving around US$1,732 (THB57,832) per ounce after Comex gold at close on Tuesday rose by $5.20 to $1,731.70 due to support in gold purchases after the price has been falling heavily. Furthermore, weak US economic data is proving a supporting factor in buying the metal as a safe-haven asset.
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The Hong Kong gold price also dropped by HK$90 to $16,020 (THB68,732) per tael, the Chinese Gold and Silver Exchange Society reported.
Baht likely to be volatile, weaken due to Covid-19 situation: market strategist
The baht opened at 33.46 to the US dollar on Wednesday, its lowest in three years and unchanged from Tuesday’s closing rate.
The Thai currency is likely to move between 33.40 and 33.55 during the day, Krungthai Bank market strategist Poon Panichpibool said.
He said the baht was likely to be volatile and weaken due to the Covid-19 situation and the rising momentum of the US currency.
He expected the dollar in the short term to receive support if the US Federal Reserve moves to decrease quantitative easing (QE) quicker than expected. Investors are keenly watching US economic data, including employment and inflation. If the results are worse than expected, investors in turn will not expect the Fed to decrease QE quickly, affecting the weakening or strengthening of the dollar, Poon explained.
He also said the Covid-19 situation worldwide is affecting the dollar and the baht. If the situation in Europe and Asia improves, the dollar might weaken.
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Meanwhile, the baht itself might weaken because foreign investors were still offloading their assets, feeling the Covid-19 situation in Thailand could worsen, he said.
The baht was likely to be volatile in the short term due to uncertainty amid the Covid situation, he added, recommending that investors use various hedging tools as options.
Carabao Group donates Woody C+ Lock to officials in Bang Pakong District during height of COVID-19 pandemic
dtac partners with EEF to connect 2,000 disadvantaged schoolchildren
dtac partners with EEF to connect 2,000 disadvantaged schoolchildren
B.Grimm Power – Energy China Consortium completes work at world’s largest hydro-floating solar hybrid project at Sirindhorn Dam
B.Grimm Power – Energy China Consortium completes work at world’s largest hydro-floating solar hybrid project at Sirindhorn DamDr Link said the SHFSHP shows the way for similar concept development at other dam sites in the future. Thanks to BGRIM’s capability readiness and cooperation with Energy China, one of the largest state-owned energy enterprises in the People’s Republic of China, the consortium is well positioned to undertake projects of the kind, he noted.
Huawei Empowers Thailand with Digital Technology to Become ASEAN’s Next Digital Hub and Carbon Neutral LeaderAs Huawei believes the key to drive digital development lies in an upskilled talent foundation, we have been proactively enabling Thailand 4.0 through digital talent cultivation. Since 2019, we have invested approximately 180M THB, to launch Huawei ASEAN Academy to empower Thailand’s digital talent development. Within 2 years, we have trained around 16,500 people through this program. For SMEs and Startups support, we have been collaborating with industry key stakeholders, such as the New Economy Academy under the Ministry of Commerce, the Digital Economy Promotion Agency (DEPA), the National Innovation Agency (NIA), local customers and partners to provide new technology, global knowledge and training programs from Huawei ASEAN Academy (Thailand). The collaboration aimed at increasing understanding of the technology and helping them adapt new technology into their business plan.
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