Ecotopia named in Asia’s 20 Coolest Retailers 2022 by Inside Retail, reaffirming its sustainability-oriented business concept

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https://www.nationthailand.com/business/corporate/40019234


Pioneering revolutionary new style of retail format to foster a retail ecosystem that brings nature lovers together to co-create a better world.

Ecotopia named in Asia’s 20 Coolest Retailers 2022 by Inside Retail, reaffirming its sustainability-oriented business concept

Bangkok (August 23, 2022) – Siam Piwat Group, a leading real estate and retail developer, the owner and operator of Siam Paragon, Siam Center, and Siam Discovery, and a joint venture partner of ICONSIAM and Siam Premium Outlets, has marked another milestone of success in its sustainability-led business operations as Ecotopia has been ranked among Asia’s 20 Coolest Retailers by Inside Retail, Asia’s leading retail publication that honors inspiring, distinctive, and innovative brands, in the sustainability/department store category. As a mecca for eco-conscious customers, Ecotopia highlights Siam Piwat’s business model under the strategy of co-creating shared value to bring mutual benefits for all parties.

Ms. Usara Yongpiyakul, Chief Executive Officer – Retail Business Group, Siam Piwat Co., Ltd., said, “We are extremely proud that Ecotopia has made the list of Asia’s 20 Coolest Retailers by Inside Retailers. It’s another achievement of Ecotopia for receiving an international recognition.

Ecotopia named in Asia’s 20 Coolest Retailers 2022 by Inside Retail, reaffirming its sustainability-oriented business concept

“Ecotopia was created with the intention to build a green community and make a difference in the world (Together, We Co-Create a Better World) with various methods and approaches, including reducing waste generation, increasing reuse, looking at nature from a fresh angle, and restoring value to waste. Ecotopia offers a truly comprehensive range of eco-friendly products that can easily find in one place.  This ranking marks a vital step in accomplishing our mission to drive sustainability under the concept of co-creating shared value for all, which has been integrated into our business models and daily operations in every project.”

Inside Retail states that Ecotopia is a revolutionary new style of department store which focuses entirely on fostering a retail ecosystem that promotes eco-friendly products designed specifically to address the lifestyle needs of sustainability-minded consumers. Ecotopia not only offers products that are safe for the environment but also shows its customers how to make the most out of them. This includes allowing customers to bring their own containers for refills, educating them on a waste-free kitchen, and providing a venue for eco-workshops where consumers can transform waste into art or materials for organic gardening. As such, Ecotopia has created a community for the eco-conscious that empowers creative minds and promotes resource efficiency in order to ensure sustainable co-existence with nature and make a difference every day.

Ecotopia named in Asia’s 20 Coolest Retailers 2022 by Inside Retail, reaffirming its sustainability-oriented business concept

Located on the 3rd floor of Siam Discovery, Ecotopia boasts products from over 300 eco-friendly brands and is divided into eight major zones: 1) Hygiene – the hub of cleaning products made from natural ingredients or biodegradable materials; 2) Zero Waste – a refill station where customers can bring containers to get their refills; 3) Green – the center of air-filtering plants and gardening equipment; 4) Healthy – the zone featuring healthy food made with organic ingredients; 5) Beautiful – an area where customers can find organic beauty and personal care products with natural essence; 6) Up-cycled – the section featuring products made from recycled materials; 7) Stylish – the hub of organic cotton fashion; and 8) Kind – the zone that offers handicrafts and products made with natural ingredients by local artisans to generate revenue for communities. Ecotopia is also home to exclusive concept stores featured on Asia’s 20 Coolest Retailers list from various countries, including Pop Mart and I Do from China, Musinsa and Gentle Monster from South Korea, Seeson from Vietnam, and Ambush, a Japanese brand that just launched a boutique shop in Shanghai.

Ecotopia named in Asia’s 20 Coolest Retailers 2022 by Inside Retail, reaffirming its sustainability-oriented business concept

Ecotopia’s inclusion on the list of Asia’s 20 Coolest Retailers by Inside Retail testifies to Siam Piwat’s success in driving its business development strategies that focus on being the leader in catering ever-shifting lifestyle needs of new generation and on enabling its businesses to create value to people, communities, society, and the world, in line with the concept of business operations towards sustainability.

Ecotopia named in Asia’s 20 Coolest Retailers 2022 by Inside Retail, reaffirming its sustainability-oriented business concept

Published : August 23, 2022

By : THE NATION

Finance min tells SEC to monitor crypto firms for stock manipulation

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https://www.nationthailand.com/business/corporate/40019201


Finance Minister Arkhom Termpittayapaisith on Monday instructed the Securities and Exchange Commission to closely monitor cryptocurrency mining firms for stock manipulation.

Finance min tells SEC to monitor crypto firms for stock manipulation

Arkhom spoke after the Economic Crime Suppression Division launched an investigation into suspected stock manipulation by 10 cryptocurrency firms listed on the Stock Exchange of Thailand (SET). The investigation comes amid a crypto selloff that has left investors with large losses and sent many firms crashing.

Arkhom said he had not received a report from the SEC about the 10 crypto mining firms.

“Police can seek cooperation from the SEC on this and I believe it will not cause a wider impact because the SEC has been strictly enforcing its policy to supervise listed firms,” Arkhom said.

On Sunday, Economic Crime Suppression Division Pol Maj Gen Puttidej Boonkraprue said his division was investigating at least 10 listed crypto mining firms for alleged share manipulation.

Puttidej said his division sought help from the SEC after it noticed that the 10 listed firms were disseminating information with intention of pumping up their share prices.

The 10 firms have yet to put their crypto mining plans into action, he said.

He added that about 25 SET-listed firms had announced crypto investment plans and most of them planned to mine cryptocurrency.

Announcements by some firms that they were buying crypto mining equipment had sent their share prices soaring but none of the firms had actually invested in digital assets so far, Puttidej said.

Published : August 22, 2022

By : THE NATION

News reports to soon go 3D in real-time on the Nation Group’s Meta News Station

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https://www.nationthailand.com/business/corporate/40019172


The Nation Group, Metaverse Thailand and Erectrus have joined up together to launch Meta News Station, which promises to turn news reports into a three-dimensional virtual presentation.

News reports to soon go 3D in real-time on the Nation Group’s Meta News Station

The launch announced at the Thailand Metaverse Expo 2022 on Sunday caught the attention of not just the general public, but also IT and NFT experts.

Speaking to the press were the Nation Group’s deputy CEO Adisak Limparungpatanakij, co-founder of Metaverse Thailand Parin Sathianpagilanagorn, who is also managing director of Multi Technology Expert, and Erectrus CEO Chewin Sirisak.

“News media should take advantage of all new opportunities available in the metaverse,” Parin explained, adding that Metaverse Thailand will provide news consumers a platform to enter the virtual world through their avatars.

The company had previously worked with the Tourism Authority of Thailand to launch “Amazing Thailand Metaverse: Amazing Durian” to present virtual durian orchards.

Erectrus will provide technological support by identifying the locations where the reports are coming from, while the Nation Group’s role will be to ensure the news reports are credible.

News reports to soon go 3D in real-time on the Nation Group’s Meta News StationParin explained that the Meta News Station will allow the audience to be virtually present and exchange opinions with the reporter in real-time.

The station will also serve as a channel for ordinary people, including the disabled, to become trained as citizen reporters.

“This will offer a great new work opportunity for all,” Parin said.

Real-time credible news

Chewin said the term “news” in the virtual world means consumers can virtually transport themselves to any corner of the country where the report is coming from.

He added that the technology provided by Erectrus will allow local people to report from their own communities and open a two-way communication link between reporters and the audience.

Adisak, meanwhile, said the key problem nowadays is fake news being shared via social media and the only way to overcome this will be to identify every reporter on the Meta News Station. He said that identifying the reporter makes them responsible for ensuring the report is correct, verified and credible.

He explained that the Meta News Station will also hand the authority over to local reporters, allowing them to report their stories in a complete and straightforward manner instead of getting the content edited, selected or changed by editors.

He said sometimes when the copy is being edited it can get distorted and sometimes the focus of the editorial section may not correspond to the desire of consumers.

Also present at the press conference was Pongsakorn Udombua, CTO of Vallaris Maps Platform, who said geolocation technology will make it easier to manage and identify locations for virtual news presentations.

Those interested can register for the Meta News Station at metaversethailand.io.

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#TheNation

#TME
#NFTThailand
#Thailand #Metaverse

Published : August 21, 2022

By : THE NATION

KPB recommends investment in alternative assets which are attractive

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https://www.nationthailand.com/business/corporate/40019165


KBank Private Banking (KPB) has announced its investment strategies, focusing on five alternative assets in order to “Increase Options for Survival” in an era of economic volatility wherein conventional investment may not be the right answer.

KPB recommends investment in alternative assets which are attractive

KPB showcased its success as evidenced by its stellar performance with a return on investment of around 11-19 per cent p.a. This achievement reinforces KPB’s status as Thailand’s top-notch investment and wealth management advisory service provider.    

Triphon Phumiwasana, Senior Managing Director, Private Banking Business Head, Kasikornbank (KBank), noted, “Amid highly uncertain economic circumstances, traditional asset classes may no longer provide satisfactory returns.

Investors have therefore switched to new forms of investment as alternative vehicles for risk diversification and long-term stable returns. To survive market volatility, global investors have invested in alternative assets thanks to their highly flexible investment management strategies.

Given that prices of private assets are not tied to capital market movements, therefore they reflect real fundamentals of each asset class. As a leading investment and wealth management advisory service provider, KPB has recommended that our clients invest in alternative assets since 2021 to capitalize on their growth potential while also guarding against market volatility.” 

KBank Private Banking recommends the five following asset classes, comprising three types of private assets and two types of public assets with flexible investment strategies. They are, i.e.,  

KPB recommends investment in alternative assets which are attractive

1. Private Equity  

Private Equity (PE) is typically an investment fund which is not listed on a public stock exchange. Private equity funds mainly invest in companies with high growth potential seeking to raise funds for business expansion. Unlike public stock markets which tend to fluctuate out of emotion-driven market sentiment, PE prices are not quoted on a daily basis, and their returns typically reflect real fundamentals of the companies they are invested in. Given this, private equity potentially provides attractive returns with relatively low price fluctuations over the short-term period.

However, investors may have to measure this advantage against the need for a lengthy investment period, mostly depending on the growing stage of the invested companies. Therefore, private equity is suitable for long-term investors who can hold their investment for at least seven to nine years.  

2. Private Debt 

Private Debt is like a loan provided outside the capital market as an alternative form of fund mobilization for companies wishing to expand their businesses. However these companies are unable to gain access to funds per the normal course of business such as loans provided by banks, or for companies wishing to quickly mobilize funds.

Therefore Investors will enjoy higher returns amid the current upward trend in interest rates, although they may have to trade that off for relatively low liquidity compared to investment in government bonds or debentures that are typically traded in the capital market. This asset class is suitable for investors who can invest over at least five to seven years.    

3. Private Real Estate 

Investment in Private Real Estate or basic infrastructure that is not listed on a public stock market such as office buildings, and electricity and telecommunication projects, can help diversify risks in a volatile market, as well.

Properties with high rental rates offer investors a greater opportunity to enjoy steady returns. Investment in Private Real Estate is ideal for present investment conditions as it offers investors stable cash flows. Long-term investment of at least three years is recommended.  

4. Quantitative Hedge Fund 

Quantitative Hedge Fund is an alternative fund with greater flexibility in investment strategy. Trust must be placed primarily on the skills of fund managers as they anticipate positive returns regardless of any market conditions.

Quantitative Hedge Fund can invest in a diverse range of asset classes and typically uses a short-selling strategy to make profits during market downturns by borrowing assets to sell first before repurchasing them later at a lesser value or using derivatives to boost the leverage rate or other more complicated strategies, based on mathematical and quantitative statistical methods.

Overall, a quantitative hedge fund can serve as a tool to add new dimensions to investment portfolios in terms of returns and risk diversification.  

5. Structured Note 

Structured Note is a financial instrument combining the key features of debentures and derivatives. Its investment mechanism is based on asset prices or factors related to market changes in various forms such as stock index, foreign exchange rate, etc.

For instance Structured Note products that are preferred among Thai investors are knock-in knock-out (KIKO) structured notes with Thai or foreign stocks as underlying assets. They will offer good returns at a time when the market is moving in a narrow range, and can provide regular returns in the form of monthly interest. 

Subsequently, each asset class is outstanding and can well meet the different needs of investors. Interested investors should study and understand investment details thoroughly or consult professionals for advice on appropriate investment portfolio allocation. In normal practice, alternative assets make up no more than 10 per cent of a total portfolio, as their main purpose is risk diversification. 

In closing, Triphon noted, “According to operating results of last year, our alternative asset investment product with outstanding performance and satisfactory returns amid market volatility was K-GPE19A-UI fund, a private equity fund, which offered an average return of up to 19 per cent per annum. Throughout the second half of this year, KBank Private Banking is determined to continually introduce additional alternative investment products both domestically and internationally, and in alignment with investment themes of the future, namely Global Private Debt, Global Private Equity, Global and Local Private Real Estate, Quantitative Hedge Fund Strategy and Exotic Structured Note, as investment options.”  

Published : August 21, 2022

Foxconn’s stake makes Multiverse Expert first Thai metaverse unicorn

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https://www.nationthailand.com/business/corporate/40019161


A local digital start-up has become Thailand’s fourth unicorn and its first metaverse unicorn after its shares were acquired by a subsidiary of Taiwan’s tech giant Foxconn.

Foxconn’s stake makes Multiverse Expert first Thai metaverse unicorn

The acquisition of shares in MiGroup’s Multiverse Expert by Power-All Networks was reported by Bloomberg and Digital Journal, as well as confirmed by the Digital Economy Promotion Agency (Depa).

According to reports, Power-All Networks acquired a 10 per cent stake in Multiverse Expert on July 10 this year with a US$120 million cash earn-out potential. The deal is directly aligned with Power-All’s drive in the pan-metaverse and metaverse product space in China and the global market.

Becoming a “unicorn” means a start-up can be valued at more than $1 billion. Thailand’s other three unicorns are Flash Group, Ascend Money and newcomer Bitkub.

Power-All announced that the move combines the strength of three companies – Multiverse Expert’s “metaverse” technology and innovative applications; CTG’s EDTech platform that has access to over 400,000 financial trading instruments and expertise in online financial trading; and Power-All’s own global reach, numerous patents, research in inter-cloud computing blockchain and pioneering efforts in the pan metaverse.

The company said this combination will give access to a massive worldwide market by offering new user experiences and setting up a global de facto standard with the highest number of platforms. All these platforms will offer people lifetime access to knowledge and abilities in building a new economy in the metaverse, financial knowhow, investment skills or professions that can continue beyond the retirement age.

Multiverse Expert specialises in providing advice, designing, developing and managing solutions in either private, public or hybrid blockchain projects.

It has also designed a Tokeconomics system deployed via Mainnet – an independent blockchain running its own network with its own technology and protocol. The company also provides the service of source code verification to its clients and provides advice on the development of applications both on the net and on mobile phones.

Congratulating Multiverse Expert for becoming Thailand’s first metaverse “unicorn”, Depa also pointed out that it was behind the success of two metaverse projects – Veleverse and Chiangmai Crypto City Metaverse.

Multiverse Expert has also developed two games in which players can earn crypto coins, namely Bitkub Verify Project: 3Kingdom-heroes NFT and Bitkub Register Project: BitMonster.

Depa noted that blockchain and metaverse are key digital technologies that can create new opportunities for the Thai economy. It pointed out that having unicorns in the two technologies boosts Thailand’s competitiveness and will help draw investments and a workforce with top-digital skills. This will also help Thailand achieve Web 3.0, a new iteration of the World Wide Web that incorporates concepts like decentralisation, blockchain technologies and token-based economics.

Published : August 21, 2022

By : THE NATION

AIS turning U-tapao into ‘smart airport’ with face-recognition tech

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https://www.nationthailand.com/business/corporate/40019146


U-tapao Rayong Pattaya International Airport is being upgraded with the addition of a “smart” passenger terminal powered by 5G technology.

AIS turning U-tapao into ‘smart airport’ with face-recognition tech

The construction of Terminal 3 is being conducted in collaboration with Thailand’s largest mobile services operator, Advanced Info Service (AIS).

AIS senior executive Saran Phaloprakarn said the goal was to turn U-Tapao, which is run by the Royal Thai Navy, into a modern commercial airport.

U-Tapao will become the third commercial airport serving Bangkok after Suvarnabhumi and Don Mueang. A high-speed train route will link all three airports and the Eastern Economic Corridor development zone.

Currently, U-Tapao serves mainly foreign tourists visiting the resort city of Pattaya on the eastern seaboard.

AIS signed a memorandum of understanding with the airport on August 10, extending their collaboration on digital tech adoption.

Saran said the MOU allows AIS to work on 5G “use cases” at the airport for three more years, in time for the opening of Terminal 3.

Digitalisation at U-Tapao began in 2018 and was upgraded to 5G after AIS launched fifth-generation technology for broadband cellular networks in Thailand two years ago.

Saran said the U-Tapao’s 5G tech will be used to analyse video from closed-circuit cameras for increased safety, relying on artificial intelligence, big data and face-recognition technologies.

AIS is providing the 5G services at U-Tapao free of charge as it is trialling the technology at the airport.

Saran said results from the study may also be used to expand AIS’s business at the airport in future, including the sale of SIMs to tourists.

The smart tech would also help keep passenger queues short, he added. “5G and AI can help you predict the concentration of passengers at the airport,” he said.

Published : August 20, 2022

Queen Sirikit National Convention Center gets a new face accentuating “The Ultimate Event Platform for All” position

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https://www.nationthailand.com/business/corporate/40019081


QSNCC aims to attract new high-profile events to Thailand and elevate the Thai event venue to world-class status as a leader in Asia.

Queen Sirikit National Convention Center gets a new face accentuating “The Ultimate Event Platform for All” position

The Queen Sirikit National Convention Center (QSNCC) has announced its readiness to become “The Ultimate World Class Event Platform for All” and has revealed the list of upcoming international events that are keen on moving from their original venues overseas to the newly renovated QSNCC. By highlighting the potential of the venue and its facilities, QSNCC seeks to elevate the Thai event platform and convention center to become a leader in Asia.

Sakchai Phatrapreechakul, Chief Executive Officer of N.C.C. Management & Development Co Ltd, said: “This re-opening of the new QSNCC has great potential to accommodate all kinds of events and activities as well as being suitable for all lifestyles. We are expecting that the number of visitors will be over 13 million annually, more than double the 6 million visitors per year prior to the renovation. We are no longer just a convention center but are transforming into an inspiring world class event platform for all. The new QSNCC will re-open to the public in September this year. We are convinced that there will be all kinds of event hosts and exhibitors who will choose QSNCC as their venue. This will enhance QSNCC’s reputation as an industry pioneer for both Thai and Asian event venues.” 

Queen Sirikit National Convention Center gets a new face accentuating “The Ultimate Event Platform for All” position

“The new QSNCC is determined to deliver a positive impact for all Thai people. We are keen to play a crucial role in stimulating the country’s overall economic growth by driving forward relevant businesses including event organizers, hotels, shopping centers, and public transport system, all of which will greatly benefit from the advanced development of the MICE industry with a tremendously increasing number of organizers and visitors to events held at the Center, as well as bring value to the surrounding communities from various public amenities available here,” added Sakchai.

Queen Sirikit National Convention Center gets a new face accentuating “The Ultimate Event Platform for All” position

With the objective of being more than a “convention center” that facilitates “MICE,” the new QSNCC has been designed to accommodate all practical needs in terms of event spaces and facilities with the ultimate flexibility and simultaneous support for all types of event functions. The center also has the ability to assist and manage all types of activities, including logistics and transportation. In addition, with the convenience of being directly connected to an MRT station, the venue is easy to reach for all comers while safety features and facilities guarantee a high quality of life in sustainable surroundings that comply with global standards. 
 

Queen Sirikit National Convention Center gets a new face accentuating “The Ultimate Event Platform for All” position

The reputation of the new QSNCC has already earned the trust of several major international event exhibitors and the venue has attracted new high-profile events from various countries to Thailand for the first time. These include: 

  • Asia Pacific Leather Fair or APLF — the world’s leading leather trade fair, which is usually exhibited in Hong Kong — will now be held on October 19–21, 2022 at QSNCC. 
  • ASIA FRUIT LOGISTICA, Asia’s international fruit and vegetable trade fair that was originally held in Hong Kong, is confirmed to take place on November 2-4, 2022. 
  • Jewellery & Gem ASEAN Bangkok (JGAB), one of the grand jewellery exhibitions with a collection of trade fairs, seminars and gemstone knowledge activities for buyers and suppliers from all around the world, was originally held in Singapore but will take place on November 2-5, 2022 at QSNCC.
Queen Sirikit National Convention Center gets a new face accentuating “The Ultimate Event Platform for All” position

Besides the aforementioned major activities and events, there are over 160 activities that have been confirmed to take place at QSNCC by 2023; for instance, MICE and upcoming lifestyle activities for the first time such as “T-Pop Concert Fest,” which will feature leading Thai pop artists such as PP x Billkin, 4EVE and Bowkylion on October 29-30, 2022. In addition, Southeast Asia’s biggest gaming expo “Thailand Game Show” will take place on October 21-23, 2022. Furthermore, QSNCC will be the venue for the Asia-Pacific Economic Cooperation (APEC) conference on November 13-18, 2022.

Queen Sirikit National Convention Center gets a new face accentuating “The Ultimate Event Platform for All” position

Another key highlight of the QSNCC, which seeks to become ‘The Ultimate Inspiring World Class Event Platform for All’ is a retail space in the context of Bangkok’s first holistic active lifestyle mall under the concept of BALM (Bangkok Active Lifestyle Mall) with over 11,000 square meters of area. BALM will be the cherry on top of the new Queen Sirikit Convention Center, which is located in the heart of Bangkok, and conform to all lifestyles for both Thais and foreigners. The venue is set to turn the Rama 4–Ratchada area into another prime destination for socializing with all manner of retail conveniences, such as restaurants, cafes, convenience stores, pharmacies, sports equipment stores, IT stores, etc.

Queen Sirikit National Convention Center gets a new face accentuating “The Ultimate Event Platform for All” position

Discover the new experience of “The Ultimate World-Class Event Platform for All” at QSNCC soon. For more information, visit www.qsncc.com.  
 

Published : August 19, 2022

By : THE NATION

Gulf CEO Sarath Ratanavadi named fourth richest Thai by Forbes

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Forbes magazine recently published its listing of Thailand’s 50 Richest 2022 with Sarath Ratanavadi, chief executive officer of Gulf Energy Development Plc (Gulf) ranked in the fourth position with $11.1 billion net worth. This makes him the richest businessperson in the energy industry.

Gulf CEO Sarath Ratanavadi named fourth richest Thai by Forbes

Forbes reported that the top 3 richest people in Thailand are all from the food and beverage sector, namely Chearavanont brothers (Charoen Pokphand Group – $26.5 billion), Chalerm Yoovidhya & family (Red Bull – $26.4 billion), and Charoen Sirivadhanabhakdi (Thai Beverage – $11.2 billion), respectively.

Sarath took the company public in 2017 raising more than 25 billion baht in what was the country’s biggest IPO in a decade. In 2021, Sarath acquired stakes in telecom giant InTouch Holdings and its wireless unit, Advanced Info Service (AIS).

Gulf Energy is partnering with Singtel in a new venture to set up data centres in Thailand. In January 2022 it signed an agreement with Binance to set up a crypto exchange in Thailand.

Gulf Energy also has a 70:30 joint venture with state-owned oil and gas firm PTT to build a 46.3 billion baht LNG terminal and port on Thailand’s east coast.

In the first half of this year, Gulf reported financial results with a core profit of 3.25 billion baht, an increase of 36 per cent year-on-year and 19 per cent quarter-on-quarter. The growth is mainly from the profit of Gulf Sriracha Power Plant (GSRC) first unit and second unit, together with higher profit from BKR2 offshore wind power project in Germany and a share of profit from InTouch.

Sarath was born July 12, 1965, in a family of military lineage. His father Thavorn was chief of staff of the Royal Thai Armed Forces Headquarters, while his grandfather Sod was a member of The People’s Party. Sarath has degrees from Chulalongkorn University and the University of Southern California, both in engineering. He was married to Nalinee Tantisoonthorn and has two sons, Sarit and Sitamon.

After graduation, he established Gulf Electric Co Ltd in 1994 at the age of 29. He later expanded the Gulf empire to other power-related businesses by establishing Gulf Power Generation Co Ltd and Gulf Co-generation Co Ltd in 1996, Gulf Yala Green Co Ltd in 1997, Gulf IPP Co Ltd in 2004 and Gulf Energy Development Co Ltd in 2007.

In December 2021 Sarath was named the wealthiest Thai stockholder for the third consecutive year, according to rankings compiled by Money & Banking magazine and Chulalongkorn University’s Faculty of Commerce and Accountancy. Sarath topped the list with a total shareholding of 173 billion baht, up by 57.80 billion baht or 50.14 per cent from the previous year.

Published : August 18, 2022

By : THE NATION

Trade show in Bangkok to unveil new innovations in healthcare and wellness

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https://www.nationthailand.com/business/corporate/40019064


Amid the growing trend of preventive healthcare, the Care Asia 2022 trade show will unveil the latest wellness innovations and solutions at Bitec Bangna from September 1-4.

Trade show in Bangkok to unveil new innovations in healthcare and wellness

The Care Asia 2022 event will encourage visitors to embrace the various dimensions of self-care, as well as explore healthcare and wellness innovations, the organisers said.

“The global wellness market is predicted to reach US$1.5 trillion in value and grow at 5-10 per cent annually. Preventative healthcare has become one of the most talked about trends nowadays,” said Dr Udom Kachintorn, clinical professor emeritus and chairman of the Committee on Higher Education.

Dr Udom added that the most significant disruptions to healthcare were: shifting care emphasis from “diagnose and treat” to “prevent and manage”, and shifting care away from the hospital closer to home.

He added that the future trend of smart healthcare is decentralised with four levels: Predictive identifies genetic risks for many diseases; preventive offers the tools to recognise the earliest signs of disease; participatory informs about their health and better preparedness to arrange their own healthcare; personalised is focused on how to optimise wellness by predicting disease.

McKinsey & Co recently conducted research that discovered six wellness dimensions that consumers are most interested in today: better health, better fitness, better nutrition, better appearance, better sleep, and better mindfulness.

Dr Udom Kachintorn, Clinical Professor Emeritus and Chairman of the Committee on Higher Education.Dr Udom Kachintorn, Clinical Professor Emeritus and Chairman of the Committee on Higher Education.

Dr Bhana Chandrakamol, CEO of Bangpakok Hospital group, said: “The self-care trend presents a golden opportunity for healthcare and preventive healthcare providers, especially those who can identify needs of customers and develop goods and services to meet those demands and help people in healing their minds, especially amidst the crisis.”

Dr Bhana Chandrakamol, CEO of Bangpakok Hospital groupDr Bhana Chandrakamol, CEO of Bangpakok Hospital group

He stated that Bangpakok Hospital Group was committed to developing innovations and modern healthcare models to fulfil the needs of today’s customers. The group offers specialised medical centres covering the full range of healthcare services to ensure the most effective treatment for people all ages.

Dr Paksaran Isarasak na Ayudya, managing director of Best Organizer Co Ltd, one of the organisers of Care Asia 2022, said that the trade show features products and services that are in line with self-care trends and meet the needs of young people who are more health-conscious than ever before.

Trade show in Bangkok to unveil new innovations in healthcare and wellness

Among the highlights of Care Asia 2022 would be massage tables from Table Masters, pocket spring mattress from Sleepen, far infared sauna from SG Deluxe, probiotics supplements from Everluck, vascular and bone density test clinics from JNK Wellness Centre.

Bangkok 9 International Hospital will provide free Covid-19 vaccination (Moderna CoVID-19) to 200 people each day, including people in the high risk group, at the event hall. For more information: www.facebook.com/CAREASIA2022

Published : August 18, 2022

By : Varunsuda Karunayadhaj

Bitkub Chain passes all 3 categories on Thailand ICT Awards (TICTA) 2022 contest (first round)

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https://www.nationthailand.com/business/corporate/40019059


Bangkok, August 18, 2022 – Bitkub Chain, a blockchain network developed by Bitkub Blockchain Technology that aims to be a digital infrastructure for both public and private sectors, passes all 3 categories on Thailand ICT Awards (TICTA) 2022 contest (first round).

Bitkub Chain passes all 3 categories on Thailand ICT Awards (TICTA) 2022 contest (first round)

Thailand ICT Award 2022 (TICTA) is a contest project emphasized on finding the new invention of technological software and allowing the participants to demonstrate their full potential of the project development.   

Bitkub Chain passes all 3 categories as follows:

1. Consumer Category: Digital product and services directly related to the customers such as entertainment, tourism, welcome service, logistic, banking and finance.

2. Research & Development Project of the Year Category: Product or services related to information and communication technology developed by research institutions, educational institutions or independent specialists.

3. Technology Awards Category (Blockchain): Blockchain related category focused on the online transaction network and shared, immutable ledger that facilitate the process of recording the transactions and tracking the digital assets.

Follow for more news and updates on Bitkub Chain 
Website: https://www.bitkubchain.com/ 
Facebook: https://www.facebook.com/bitkubchainofficial 
Twitter: https://twitter.com/bitkubchain 
Discord: https://discord.gg/WkJ6j279
Telegram (Community Discussion): https://t.me/BitkubChainOfficial
Telegram (Important Update): https://t.me/+jiM6dAP5cxUzZTM1

and Thailand ICT Awards
Facebook: https://www.facebook.com/ThailandICTawards/

#BitkubBlockchainTechnology #BitkubChain #BitkubNEXT #Blockchain #TICTA2022
 

Published : August 18, 2022

By : THE NATION