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Huawei, Siriraj sign pact to operate 5G smart-hospital services (nationthailand.com)

Huawei, Siriraj sign pact to operate 5G smart-hospital services

Dec 03. 2020Prof. Dr. Prasit Watanapa (center left), Dean of the Faculty of Medicine Siriraj Hospital, Mahidol University and Mr. Abel Deng (center right), CEO of Huawei Technologies (Thailand) sign a 5G Powered Smart Hospital Enabled with Cloud and AI MOU, in the presence of Assoc. Prof. Visit Vamvanij (left), Director of Siriraj Hospital and Mr. Max Ma (right), Deputy Managing Director, Huawei Technologies (Thailand) 

By THE NATION

Huawei Technologies (Thailand) signed a “5G Powered Smart Hospital Enabled with Cloud and AI” memorandum of understanding with the Faculty of Medicine Siriraj Hospital, Mahidol University, to establish a smart platform that will enhance innovative medical services.

Over the next five years, the two parties will leverage state-of-the-art digital technology to increase the efficiency of medical services and operations that will improve the quality of healthcare services, they said in a press statement on Wednesday.

The MoU signing ceremony, held at Siriraj Medical Research Centre in Bangkok, involved Huawei Technologies (Thailand) CEO Abel Deng and Prof Dr Prasit Watanapa, dean of the Faculty of Medicine Siriraj Hospital.

The agreement comes in response to Siriraj Hospital’s mission to serve better by becoming a smart centre that will apply integrated digital technologies using 5G infrastructure, artificial intelligence, big data and cloud edge computing, in order to offer enhanced services, the statement said.

“These technologies will bring tremendous benefits to specific areas such as patient monitoring, cloud-based AI diagnoses, data collection and analytics, and resource allocation. The advances are also in line with the hospital’s desire to become the foremost medical hub and a leader in Thailand’s healthcare industry,” it said.

“Under this five-year agreement, Huawei will provide 5G technology to the faculty, enabling the immediate upgrade of existing infrastructure. It will also share knowledge and collaborate with Siriraj researchers and academic staff to enable Siriraj to operate more efficiently. Both parties will work together in other jointly developed projects that may arise in the course of the MoU,” the statement continued.

Siriraj will participate with Huawei in further 5G ecosystem partnership cooperation in the form of demonstration events and exhibitions to promote 5G technology and innovations. The hospital will also work with Huawei for joint academic sessions, to arrange training classes or technology sharing opportunities, and to study the latest technology topics including, but not limited to, 5G, AI and the cloud, it said.

“It is an honour for the Faculty of Medicine Siriraj Hospital to partner with Huawei,” said Prof Dr Prasit.

“This will raise the level and standards of our services and improve operational efficiency. This also marks the initial step in establishing Thailand’s first 5G smart state hospital. I would like to thank Huawei for helping us integrate 5G, cloud and AI technologies into our medical services. The company has made tremendous efforts to drive development through digital technology,” he added.

“The healthcare sector can benefit immensely from smart innovations and infrastructure during this era of digitalisation,” Deng said.

“We would like to accompany Thailand as it develops a strong, connected healthcare ecosystem in order to increase healthcare penetration in rural and remote communities and improve the quality of life of the people,” he added.

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Cargill helps Habitat for Humanity build homes for needy in Saraburi (nationthailand.com)

Cargill helps Habitat for Humanity build homes for needy in Saraburi

Dec 03. 2020

By The Nation

Employees and business partners of export giant Cargill have joined local communities and state agencies to help Habitat for Humanity build houses for needy families in Saraburi’s Phra Buddhabhat district.

The Pracharat Housing Project launched by Habitat for Humanity aims to provide people with safe, affordable residences and help the local community address economic and social challenges.

Cargill has donated close to US$1.7 million for Habitat for Humanity’s projects since 1996, and so far, 147 homes have been built in different communities across the country, especially in the Central and Northeast regions.

Watcharapon Prasopkiatpoka, country representative of Cargill Thailand, said the firm has been conducting corporate social responsibility activities in line with the needs of local communities. “Our vision is to give back to communities. We know that a simple, decent and affordable house can have a strong impact on the health and education of children, as well as the well-being and financial success of a family, which in turn impacts a community positively.”

Apart from building homes, the company plans to build a school canteen in Korat province in February next year. The company has provided financial support for the construction of a number of hospital canteens, public libraries and school playgrounds in the province. It has also provided supplies, including books, stationeries and sports equipment for local schools.

Visit www.cargill.co.th to keep up with news and activities of Cargill Thailand.

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Embassy of India Bangkok organized a business promotion seminar (nationthailand.com)

Embassy of India Bangkok organized a business promotion seminar

Dec 02. 2020

Embassy of India Bangkok organized a business promotion seminar in kanchanaburi province of Thailand on 27 November, 2020. Mrs Alpana Dubey Deputy Chief of Mission of Indian Embassy invited the local companies from Kanchanaburi to do business with India and visit India to experience different tourism attractions. Local SMEs can also participate in the Surajkund International craft fair being organized every year in February in Haryana state of India. Around 50 participants from various industry & chamber attended the event & showed keen interest in cooperation in agro, SMEs and tourism sector. Vice Governor of the province and other leaders of Thai Chambers also addressed the participants.

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Kerry Express IPO wins warm welcome from investors (nationthailand.com)

Kerry Express IPO wins warm welcome from investors

Dec 02. 2020Alex Ng 

By The Nation

The Securities and Exchange Commission (SEC) has approved delivery company Kerry Express (KEX)’s application for an IPO and it should start trading in the last week of December.

The price range for the IPO has been set at between Bt25 and Bt28, with subscription being opened to retail investors on December 8, 9 and 14 and to institutional investors on December 16-18.

The final price is expected to be announced on December 15.

KEX is offering 300 million shares in the IPO, which will raise approximately Bt7.5 billion to Bt8.4 billion.

Proceeds from the listing will be used for expanding the Kerry Express network, enhancing its efficiency, repaying loans and boosting its working capital.

Kerry Express has already received strong support from institutional investors with the tranche being 10 times oversubscribed by cornerstone investors.

“Thai investors can now participate in Kerry Express as a shareholder and drive its sustainable growth in various aspects. We are grateful for such participation in the future of Kerry Express,” said Alex Ng, the company’s chief executive officer.

“The rise of the new economy, especially social commerce and e-commerce, is fuelling enormous growth in the logistics sector as it is the final platform connecting sellers with end consumers. This is also reflected in our performance where the volume of parcels grew substantially over 134.9 per cent compound annual growth rate over 2014 to 2019. Given that Thailand’s e-commerce to retail penetration rate is still immature, Kerry Express is well-positioned to accommodate and propel further growth of the sector.”

With an existing network of more than 15,000 service points, 1,200 distribution centres and more than 18,000 employees, the company continues with its “Kerry Express Everywhere” expansion.

Veena Lertnimitr, Siam Commercial Banks’ executive vice president for investment banking functions and director of SCB Securities, said SEC has approved the IPO application and filing is now effective. She confirmed that KEX stocks will start trading in the fourth week of December. SCB is one of the financial advisers and leading underwriters for this issue.

Prasert Tantayawit, managing director of the investment banking department, Maybank Kim Eng Securities (Thailand), another joint financial adviser and joint lead underwriter, said: “KEX is an attractive investment, backed by the company’s leading market position, its solid business model and the structural growth prospects.”

He added that Kerry Express has received strong support from institutional investors. Cornerstone investors have overbooked by approximately 10 times the number of shares available in the cornerstone placing portion.

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‘GSB for Samui’ fair to promote tourism on island (nationthailand.com)

‘GSB for Samui’ fair to promote tourism on island

Dec 02. 2020

By THE NATION

The Government Savings Bank (GSB) has organised a “GSB for Samui” fair on December 8 and 9 at Central Festival shopping complex to promote tourism on Koh Samui.

“The festival will feature GSB booths providing financial aid, career training courses and scholarships to local entrepreneurs and students,” the bank said.

“There will also be more than 100 street food vendors participating and other fun-filled activities that all members of the family can enjoy,” it said.

“Don’t miss your chance to participate in games and lucky draws featuring prizes such as GSB’s limited edition piggy banks, movie tickets and various discount coupons,” it added. “See you at Central Festival next week, where we will make Koh Samui joyful again.”

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DTAC, Yara launch first digital community network for farmers in Thailand (nationthailand.com)

DTAC, Yara launch first digital community network for farmers in Thailand

Dec 01. 2020

By THE NATION

Telecom operator DTAC and agricultural operations company Yara Thailand on Tuesday officially launched Kaset Go, a mobile application that connects farmers to reliable and real-time insights verified by agricultural experts.

Designed to empower Thai farmers, the app leverages Yara Thailand’s agricultural knowledge and DTAC’s communication technologies, the companies said.

Kaset Go presently allows farmers to ask questions to agriculture experts and gain knowledge from other farmers within the community with similar experiences. It also provides farmers access to key information such as daily crop prices, agricultural news, tips on eight major staples in Thailand: rice, maize, vegetables, durian, mangosteen, longan, citrus and mango. Content is geo-localised to meet the specific needs of farmers in Thailand’s major regions and there are sections within to support farmers groups with specific interests such as farm certification, logistics and marketing, the companies said.

The content is supported by experts from the Department of Agriculture Extension (DOAE) under the Ministry of Agriculture and Cooperatives, the Rak Ban Kerd Foundation (RBK), and Yara Thailand.

Sharad Mehrotra, chief executive officer of Total Access Communication Plc, said: “DTAC has a long history of commitment to empowering Thai farmers with mobile connectivity, be it through information platforms or internet of things solutions. “Over the past 12-plus years, we have collaborated with the industry-leading partners like DOAE, RBK to support and learn more about the farmers. Kaset Go represents our most advanced platform built in partnership with Yara,” he said. “Because farming represents such a large part of Thailand’s workforce, and smartphone penetration is among the highest in the region, Kaset Go could be a game changer for Thailand’s digital transformation,” he added.

Since its soft launch in August, Kaset Go has had more than 150,000 downloads and attracted more than 100,000 registered users. As the number of downloads and users is rising exponentially, DTAC and Yara Thailand are already planning Kaset Go’s next phase of development, which will include information on 44 more crops and key features such as weather warnings, disease alerts, market price benchmarking, the companies said. There are also plans to extend further to other value-added services such as farm equipment, insurance and finance.

Mehdi Saint-Andre, managing director, Yara (Thailand) Co Ltd and vice president Thailand and Myanmar, said, “Since our foundation in 1905, we strongly believe that knowledge is key to support farmers’ productivity and with our extensive network of local agronomists, Yara has been providing sustainable solutions to Thai farmers for 47 years. Since 2017, Yara has been accelerating its digital farming strategy, providing precision farming tools to farmers across the globe, and the partnership to develop Kaset Go marks a milestone in Thailand’s agricultural industry as this platform connects farmers to reliable information vetted by experts and validated by the community.

“Kaset Go is expected to become Thailand’s biggest online platform for farmers and kickstart digital transformation in Thailand’s agricultural industry,” he said.

Kaset Go is available on iOS and Android from the App store and Google Play. Find out more at https://kasetgo.com/ 

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MEA launches mobile app, offers free aircon cleaning services to first 100 customers (nationthailand.com)

MEA launches mobile app, offers free aircon cleaning services to first 100 customers

Dec 01. 2020

By THE NATION

The Metropolitan Electricity Authority (MEA) has launched its newest service “MEA e-Fix” mobile application that provides installation and maintenance of electrical appliances by professionals.

“All technicians under the campaign have undergone extensive MEA training to ensure efficient and safe installation and fixing of electrical appliances to customers in MEA’s responsible areas, which include Bangkok, Nonthaburi and Samut Prakarn,” MEA deputy director-general and spokesman Jaturong Suriyassin said.

“The MEA e-Fix covers five types of electrical services: lighting system, wall socket installation, water heater installation, door buzzer installation and electrical switch box.

“To use the services, users can download and install the application, choose the type of work, provide details on points of installation with photos, then input the address and your convenient date,” he added.

“We accept payment via credit card and offer three months warranty on our jobs. Furthermore, the first 100 customers of MEA e-Fix will be offered free air-conditioner cleaning service [one unit per customer].”

To download the application, follow this link http://onelink.to/rzrf65. For more information, contact MEA Call Centre at 1130, Line: MEA Connect and Twitter: @mea_news

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GPSC Board of Directors visited Thailand’s first production plant for semi-solid energy storage units to follow up on the construction progress. (nationthailand.com)

GPSC Board of Directors visited Thailand’s first production plant for semi-solid energy storage units to follow up on the construction progress.

Nov 30. 2020

Board of Directors of Global Power Synergy Public Company Limited or GPSC, led by Mr. Pailin Chuchottaworn, Chairman of the Board, recently visited the company’s energy storage unit production plant, located on a plot of 12 rai in Map Ta Phut Industrial Estate, Muang District, Rayong Province, to follow up on the construction progress. The manufacturing facility, worth over 1.1 billion baht, is Thailand’s first production plant for semi-solid batteries and will have the first-phase production capacity of 30 MWh. It is expected to complete construction and start of regular production in the second quarter of 2021. The Board of Directors was welcomed by Mr. Chawalit Tippawanich, Chief Executive Officer and President and other executives of GPSC.

About GPSC

The shares of GPSC are held by PTT (22.8%), PTT Global Chemical or PTTGC (22.7%), Thaioil or TOP (8.9%), Thai Oil Power or TP (20.8%) and public investors (24.8%) (PTT is under the process of purchasing 8.9% of GPSC shares from TOP which will increase PTT’s percentage shareholding in GPSC from 22.8% to 31.7%. The share purchase transaction is expected to be completed by the end of 2020).

GPSC, an electricity and utility flagship of PTT group with core business to generate and supply electricity, steam and utlities to its industrial customers, the Electricity Generating Authority of Thailand (EGAT) etc. The total current generating capacity according to Equity MW is around 5,031 MW of electricity, around 2,876 tons per hour of steam, around 15,400 refrigeration tons of water and around 7,372 cubic meters per hour of processed water.

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Krungsri powers revamped website with new technologies (nationthailand.com)

Krungsri powers revamped website with new technologies

Nov 30. 2020

By The Nation

Krungsri (Bank of Ayudhya Pcl) has revamped its Krungsri.com website, implementing new technologies to increase convenience and ease of use by enhancing accessibility, using new designs and content layouts as well as adding new features.

Mingkwan Pattanawong, Krungsri executive vice president, head of corporate branding and marketing division, said: “Krungsri.com is a website that provides information of the bank that has more than 2 million page views per month.

“The majority of these are users searching for the bank’s products and services information, particularly about personal loans and savings. Our marketing strategy is to focus on reaching out to customers, providing convenience to those who have interest in the bank’s offerings to visit Krungsri.com website for more information and choose to leave their information to be contacted by our staff.”

Comparing 2019 and 2018, the number of new customers who were attracted by the website increased by 83 per cent, which is a clear indication that Krungsri.com has high potential in reaching out and appealing to the target audience.

“We conducted marketing research to determine the needs of customers on the bank’s website and use them to improve the online experience. These changes include improved speed in accessing information, more modern designs, a search-friendly content arrangement, while adding more features for users to manage their personal information by themselves.”

The new technologies include “real-time analytics”, and “market automation system.”

Real-time analytics analyses the behaviour of website visitors, showing a handful of useful data, including the order of user access to the website, content that have been moved past, and the order of content that have been viewed. These pieces of information will be incorporated into the bank’s “big data” that can be used to improve the user experience in the future.

“Marketing automation system memorises user behaviour and interacts with them at a personal level, such as presenting banners based on users’ interests and offering promotions that suit customers’ lifestyles.

In addition, the website has also improved its page loading speed, while offering self-service for customers to issue their bank documents, such as requesting for a home loan certificate through e-mail and purchasing travel insurances online.

Users will be able to communicate with the bank customer service unit via the Live Chat feature on Krungsri.com as well.

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CK Power’s Bt4-billion debenture oversuscribed 3.9 times (nationthailand.com)

CK Power’s Bt4-billion debenture oversuscribed 3.9 times

Nov 30. 2020Thanawat Trivisvavet 

By THE NATION

CK Power has issued Bt4 billion worth of debentures as the company prepares to invest in a hydroelectric power plant in Laos.

Pre-orders soared to 3.9 times the issue size.

The company has been awarded an “outstanding” rating in performance evaluation by the Thai Institute of Directors for three consecutive years as well as being selected as one of the 2020’s Thailand Sustainability Investment Index (THSI) by the Stock Exchange of Thailand.

Thanawat Trivisvavet, managing director of CK Power Pcl (CKP), revealed that the company has recently issued debentures (non-subordinated, unsecured with bond representatives type) totalling Bt4 billion to large firms and investors. The debentures were divided into 3 sets: Bt1 billion baht debentures with a tenure of two years at interest rates of 2.31 per cent per year; Bt1.5 billion debentures with a tenure of three years at interest rates of 2.62 per cent per year; and Bt1.5 billion debentures with a tenure of seven years at interest rates of 3.76 per cent per year. These sets of debentures were assigned a credit rating of “A-/Stable” by TRIS Rating Co Ltd (“TRIS Rating”).

“The company’s debentures drew a lot of attention from investors. We have received pre-orders 3.9 times the amount initially offered. On behalf of CK Power, I would like to express my appreciation and sincere gratitude to investors for their continuous support and confidence in our debentures,” said Thanawat.

As of November 30, CKP will have raised a total of Bt10.5 billion through debentures. However, the company can raise another Bt9.5 billion to support future growth, although the company is yet to schedule the issuance of such debentures in the foreseeable future. With the issuance of these recently issued debentures included, CKP will have the net interest-bearing debt-to-equity ratio of 0.72, which is considered low.

Thanawat said that the purpose of issuing these new debentures was to pay off outstanding debentures, which are due for payment in the first half of 2021, in order to reduce the average financial cost of CKP and its subsidiaries and to prepare the company for future investment in new hydroelectric power plants in Laos.