The company said in a press release on Wednesday that the power strip is a hyper-convenient and safe power strip certified by the Thai Industrial Standards Institute (TISI), which can be controlled from anitech IoT Application on IOS and Android smartphones. The produced aims to tap into the B+ segment of consumers and higher while reinforcing its position as leader in the Thai power strip sector.

Pitchyen “Thomas” Hongpakdee, CEO – chief executive officer of Smart ID Group, said the design of anitech IoT power strip is inspired by the first sunlight of the day, which is considered the light of life because it energises all lives it shines upon at daybreak.

With this inspiration, anitech set off to create powerful innovation that would blend cultural uniqueness and modernity and reflect its professionalism and contemporary sentiment under the concept “design innovation that incorporates Thainess for the Thai people”. The resulting anitech IoT power strip helps reinforces its leadership in the innovation that brings happiness to home.

The era of the IoT (Internet of Things) has truly arrived and the internet has transformed the lifestyle of today’s consumers who want to use a single platform to control multiple electronic devices. To cater to this trend, anitech has developed a control system with an application that is simple but offers the highest convenience for smart living in a smart home, said the CEO.

Modern consumers pay most attention to two factors when they make a purchase decision. About 75 per cent of the consumers focus on safety and convenience, while 68 per cent focus on efficiency and worthiness. The anitech IoT power strip is specifically designed as the answer to this trend and the modern demand for smart living with safety and convenience.

Pitchyen said anitech had experimented with the development of anitech IOT power strip of the H900 Series with an overseas software team but had difficulty in maintaining the continuity of the development. This led to it deciding to form its own product development team who created the anitech IoT power strip of H1000 Series, which has four sockets and a touch screen switch. With an elegant and stylish design, the power strip can blend in with home decoration.

The power strip has four functions: 1. Power switch function, 2. Advance power switch setting that allows the user to select dates and times, 3. Countdown power switch mode, and 4. Power consumption function that shows real-time power usage as well as past records of up to three months. The user can access and control these functions via anitech IoT Application on IOS and Android smartphones anywhere and anytime as long as there is internet access.

Pitchyen said the user interface of the application was designed by a team of Thai developers, the programming and structuring of the application were carried out by Thai programmers, and its cloud server is located in Thailand. This means technical problems will be solved easily and service is readily available to customers. The anitech IoT innovation is truly created by the Thai people for the Thai people.

The anitech IoT power strip is priced at Bt2,590 with one-year guarantee and up to Bt500,000 of compensation for damage. In the future, various features will be added, such as temperature sensor, light sensor and motion sensor, which will provide data to the user and can be used to set the switch. The user will have more freedom in setting the power strip.

 The company said in a press release on Wednesday that the project organises the collection and recycling of beverage cartons into corrugated roofing sheets, which are then used to construct homes and shelters for natural disaster victims and other needy communities nationwide.

The initiative is now confirmed for the next stage which will last from July 2019 to June 2022, taking the Green Roof project into its second decade next year.

Tetra Pak launched the “Green Roof Project” in June 2010, in partnership with “Friends in Need (of “PA”) Volunteers Foundation”, Thai Red Cross, and Big C Supercenter Public Company Limited. The fourth partner, TV 360 degree, joined the project in 2015.

In the project, Tetra Pak (Thailand) Limited, has also collaborated with the Foundation’s working networks and other partners including Beverage Carton Recycling Center by Fiber Pattana, and the Department of Environmental Quality Promotion of the Ministry of Natural Resources and Environment.

The “Green Roof Project for Friends in Need (of “PA”) Volunteers Foundation” plays a major role in proper carton waste management and recycling in Thailand.

The initiative reinforces Tetra Pak’s commitment to sustainable environmental management by encouraging collaboration among public and private organisations to contribute to a better environment. It also furthers efforts to build awareness on the importance of recycling and to form positive attitudes towards sustainability in Thailand.

AirAsia, which operates flights to more than 140 destinations in 22 markets, has been transforming its business practices to increase efficiency, strengthen customer focus and pursue growth.

Workday’s cloud technology for HCM is now being to the airline’s 22,000-plus Allstars (employees) globally.

The technology will be used to manage AirAsia’s employee data, including career information, technical skills and training and other records.

Additionally, AirAsia employees will have self-service capabilities allowing them to build their own career paths, the company said.

Spring 26 Channel will go off the air at midnight on August 15 and receive Bt675.764 million of the total payout, NBTC secretary-general Takorn Tantasith said yesterday.

Spring News Channel 19 will get Bt500.951 million, and Bright TV Bt371.983 million.

Takorn said the compensation would be paid to them within 60 days of the channels going off the air.

Four other channels, including Voice TV, have sent their remedial plans to the NBTC, and BEC Multimedia Plc and MCOT are yet to do so, he said.

Takorn said the NBTC will borrow from the Broadcasting and Telecommunications Research and Development Fund for the Public Interest to pay total compensation of Bt4.84 billion to the seven channels.

Six commercial digital TV broadcasters announced on May 10 that they would return to the NBTC the seven licences that they held between them.

May 10 was the deadline for any of the broadcasters to declare their intention to return their licences. The six broadcasters returning include Spring News Television Co Ltd’s Spring News Channel 19 and Nation Multimedia Group’s (NMG) Spring 26 Co Ltd, which will hand back its licence for Spring 26 Channel (formerly known as NOW26 channel). The others are Bright TV, which is returning its licence for Channel 20; Voice TV for Voice TV Channel 21; MCOT for MCOT Family Channel 14; BEC World’s Channel 3 for its Family Channel 13; and 3SD Channel 28.

The NBTC has set up a subcommittee to work out the compensation amounts for these six broadcasters.

The subcommittee considered the cases of Spring News and NMG first yesterday, as they were the first to submit their proposals for compensation and plans to compensate staff affected by the shutdown of their channels.

Bright TV sent its proposal on compensation to the watchdog yesterday. Spring News had offered Bt1.318 billion to win the licence, of which it had already paid Bt878.2 million upfront in four instalments.

According to the calculations of the NBTC subcommittee, Spring News will lose the use of the licence for 3,540 days from the date of the channel’s shutdown on August 15 to the end of the license term on April 24, 2029. The total unused period amounts to compensation of Bt567.407 million.

After deducting the government subsidies granted to digital TV licence holders until August 15 and the channel’s net profit this year of Bt4.4 million, the channel will be compensated with a net amount exceeding Bt500 million.

Spring 26 Channel (NOW26) offered Bt2.2 billion to win its licence, of which three instalments amounting to Bt1.472 billion had already been paid.

According to the NBTC subcommittee, the channel will get net compensation of Bt675 million. The offer for operators to return their licences and receive compensation was part of measures announced by the National Council for Peace and Order in April to ease their financial burden.

Dusit Thani Freehold and Leasehold Real Estate Investment Trust (or DREIT) has applied to the Securities Exchange Commission for a public offering of 365 million units to expand its investment to acquire up to Bt2.3856 billion of Dusit Thani Maldives by the third quarter of this year, the fund’s manager, Sarnthor Mudhasakul, said yesterday.

The financial advisor noted that the proposed investment would strengthen the REIT and diversify its revenue bases internationally and beyond local hotels, as well as its customer bases. The investment would likely not reduce the cash distribution per unit, but it would enlarge the REIT’s size, which could lead to improved trading liquidity, borrowing capacity and credit rating, he said.

Sarnthor, who is also managing director of Dusit Thani Properties REIT Co Ltd, said that SEC is reviewing the application to make a rights offering/public offering of up to 365 million units and was expected to grant it by the third quarter of this year.

Proceeds of the offering would partly finance the investment in Dusit Thani Maldives, a major five-star hotel on a 46-acre plot on Mudhdhoo Island in Baa Atoll, Maldives. The plot is a leasehold estate with a remaining lease period of more than 40 years. The total investment cost would not exceed Bt2.3856 billion.

“Dusit Thani Maldives is a resort with uniquely designed villas that demonstrate a perfect blend of local beautiful architecture and landscape, and Thai-style decorations. It has become a popular tourist destination, recording an average occupancy rate of 84.43 per cent in 2018. In addition to this property, DREIT’s manager seeks to actively manage the REIT by acquiring more promising, high-quality properties as a way to retain the REIT’s growths and stabilise long-term returns to the unitholders,” Sarnthor said.

The company’s financial advisor, Napat Wattanathissatharn, executive vice president of CIMB Thai Bank Plc said that additional investment would further stabilise DREIT’s shared rental revenue through enhanced asset diversification. It would add an overseas property to the asset portfolio, which currently consists of three hotels in Thailand – Dusit D2 Chiang Mai Hotel, Dusit Thani Laguna Phuket Hotel and Dusit Thani Hua Hin Hotel.

The investment would also diversify its customer base. In particular, the share of frequent individual travellers segment would jump to 86 per cent from 75 per cent. Rental revenue would flow to DREIT more regularly all year round, as the tourist-season-influenced H1/H2 ratio would shift to 60.18 per cent/39.82 per cent from 68.48 per cent/31.52 per cent. In addition, less reliance on Thai customers would be achieved.

“The investment would add a promising premium-grade asset to DREIT’s portfolio, and it would not reduce the cash distribution per unit,” noted the banker.

The capital raise would enlarge DREIT’s total asset value to a maximum of Bt7.036 billion from Bt4.554 billion. This could lead to improved trading liquidity and healthier investment interest, as well as higher borrowing capacity and a higher credit rating, all of which could, in turn, be translated into greater returns per unit in the future, Napat said.