IP Dept urges copyright owners to spare SMEs

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/business/IP-Dept-urges-copyright-owners-to-spare-SMEs-30290332.html

THE INTELLECTUAL Propert Depart-ment has called for copyright holders and copyright-fee collectors to exempt small and medium-sized businesses from paying fees for playing music to customers and to send warning letters before taking legal action.

After meeting with 19 copyright owners and 29 fee collectors last week, Nuntawan Sakuntanaga, director-general of the department, said yesterday that it would try to find a fair outcome to ensure satisfaction for everyone concerned.

The meeting followed a coffee-shop owner being threatened with a Bt200,000 fine for breaching copyright law by playing songs on YouTube. The case has been a hot topic on social media, with much disagreement over whether the shop violated the law.

The department has asked copyright owners and fee collectors to keep it informed, and says it will use the information to try to ensure fair practice for all involved.

It was also proposed at the meeting that the department set up a one-stop service for collecting copyright fees to prevent duplication in such collections and to decrease expenses for copyright owners.

Copyright owners and fee collectors urged the department to provide the public with clear information about intellectual-property rights and the penalties for copyright infringements.

New head at Jetro Bangkok

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/business/New-head-at-Jetro-Bangkok-30290317.html

JETRO Bangkok has welcomed a new president, Hiroki Mitsumata, to succeed Masayasu Hosumi, who will return to Japan.

Under Mitsumata’s leadership, Jetro Bangkok says it will continue to promote economic relations, particularly in trade and investment, between Thailand and Japan.

He views connectivity with neighbouring countries and the region as crucial for expanding mutual trade and investment partnerships, it said.

Jetro says it is pleased to join hands with Thailand to play pivotal roles to boost prosperity and sustainable development.

Mitsumata joined Japan’s Ministry of International Trade and Industry, now the Ministry of Economy, Trade and Industry, in 1987.

Throughout his extensive career of almost 30 years at METI, he has served many key positions related to policy areas such as the economy, industry, information technology, energy and environment, promotion of small and medium-sized enterprises, and intellectual property.

He worked as special assistant to the director-general of the Economic and Industrial Policy Bureau from 2004-06, director of the Nuclear Energy Policy Division of the Agency for Natural Resources and Energy from 2009-11, director of the Information Policy Division of the Commerce and Information Policy Bureau from 2011-13, and director for policy coordination under the SME Agency from 2013-14. Before coming to Jetro Bangkok, he was deputy director-general for technology and environment at the Industrial Science and Technology Policy and Environment Bureau of METI.

Thailand, Myanmar agree on model to boost bilateral trade

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/business/Thailand-Myanmar-agree-on-model-to-boost-bilateral-30290315.html

Thailand and Myanmar have agreed to adopt the Mae Sot-Myawaddy model for expanding trade, investment and economic cooperation between the two countries, and to establish border-trade fairs soon.

After the seventh Thailand-Myanmar Joint Trade Commission (JTC) meeting in Nay Pyi Taw last week with her Myanmar counterpart Than Myint, Commerce Minister Apiradi Tantraporn said the neighbouring countries could promote more trade and investment through closer cooperation among government agencies and their respective private sectors.

Thailand and Myanmar aim to increase bilateral trade to between US$10 billion and $12 billion next year, from $7.74 billion (Bt272 billion) in 2015.

Under the Mae Sot-Myawaddy model, the two sides aim to double border trade, set up local business councils, establish a Thai-Myanmar border trade committee, develop cross-border logistics, develop retail and wholesale trading and service centres (health, tourism and education service) at the Mae Sot-Myawaddy Special Economic Zone, mobilise a labour task force, facilitate cooperation in tourism, and establishing of sister-city arrangement between Mae Sot and Myawaddy.

“Thailand and Myanmar have agreed to take the agreement into an action plan so that trade, investment and tourism between two countries can grow strongly. Thailand will also organise border-trade fairs in Mae Sot this year as a measure to support trade growth between the two countries,” Apiradi said.

Myanmar has agreed to adjust its rules of origin to facilitate more trade among Asean member states. It has also promised to allow more Thai banks to open branches in Myanmar in the near future.

Thailand will provide an advisory service for Thai investors wanting to do business in Myanmar.

At the JTC meeting, the ministers also discussed cooperation to set up a CLMVT (Cambodia, Laos, Myanmar, Vietnam and Thailand) Business Council led by the private sector to solve trade-related problems.

According to Commerce Ministry data, Myanmar is Thailand’s eight-largest trading partner in Asean, and its 15th-largest globally.

During the past five years, bilateral trade has been worth $7.37 billion on average. In 2015, trade was valued $7.74 billion, with exports from Thailand worth $4.17 billion. Border trade accounted for 80 per cent or $6.23 billion.

Private sector bullish about shipments over remainder of the year

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/business/Private-sector-bullish-about-shipments-over-remain-30290233.html

EXPORT

MOST PRIVATE sector exporters are upbeat about the sector in the second half of this year, resulting in the Commerce Ministry maintaining its export growth target of 5 per cent for the year.

Malee Choklumlerd, directorgeneral of the International Trade Promotion Department, said exporters – mainly from agricultural sector – believed exports would grow stronger in the second half the year on the back of more supply and high demand in many markets.

“The ministry will maintain our working target of a 5 per cent expansion. Many industries have foreseen better export growth, while some predict steady growth. Only a few industries expect lower export growth compared in the first half of this year,” she said.

After a meeting with enterprises from various agro-industries and other industries this month, the department found exports from the agricultural and food sector are projected to expand from a previous projection of 1.9 per cent to 3 per cent for the year and be valued at US$33.93 billion [Bt1.2 trillion].

But exports from heavy industry are expected to decrease from the previous projection of 4.9 per cent to 3.1 per cent for the year and be worth $123.9 billion.

Fashion product exports are predicted to grow 0.6 per cent from the previous projection of 4.8 per cent and be worth $13.85 billion, while exports of lifestyle products are forecast to expand from 3.5 per cent to 4.9 per cent ($2.91 billion).

In agricultural sector, rice shipments are also forecast to grow in the second half of this year, with it predicted they could reach 9.5 million tonnes or a rise of 9 per cent for the year.

Sugar exports are expected to rise from the previous projection of 4 per cent to 20 per cent due to higher demand in Cambodia, Laos, Myanmar and Vietnam. However, exports of rubber and tapioca are forecast to drop about 10 per cent based on lower China demand.

In the food sector, exports are tipped to expand from 2.7 per cent to 5.2 per cent for the year.

Malee said that exports of frozen, canned and processed food was expected to grow 3.1 per cent or more after the United States upgraded Thailand’s status in its Trafficking in Persons Report, creating a better image for Thai products.

Shrimp exports are expected to grow from the previous projection of 4 per cent to 12 per cent, due in part to the lower supplies from rivals.

Chicken exports are tipped to grow 5 per cent thanks to higher demand for fresh chicken exports to Japan, but there is low demand for processed chicken in the European Union due to stringent sanitary standards.

However chicken exports to the United Kingdom are expected to grow a lot as a result of the Brexit vote, as the EU and the UK will separately allocate export quotas.

Exports of fruit and vegetables are also forecast to expand 5 per cent, while the export of electronic items is tipped to fall from 4 per cent to 2 per cent for the year due to the fluctuating exchange rate.

Exports of electric appliances are expected to drop from 4 per cent growth to flat growth as some large enterprises have relocated to other countries.

Project to wire villages with broadband to be delayed

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/business/Project-to-wire-villages-with-broadband-to-be-dela-30290229.html

BROADBAND

THE Information and Communication Technology Ministry’s plan to provide 24,700 villages nationwide with a wireline broadband Internet network by next June is likely to be delayed by a few months, due to the slow process in finishing the terms of reference (TOR) for hiring TOT to develop the project.

ICT Minister Uttama Savanayana made the announcement but said the ministry expected to announce the TOR this month so TOT could start procuring the equipment.

The ministry assigned TOT to draw up the specifications for the equipment so the ministry could develop the TOR.

A ministry source said that as the ministry had to draw up the TOR in strict compliance with the related procurement law, this process took time. The project should have started last month but was now expected to start in October, the source added.

After the ministry awards the project contract to TOT, the agency has to install broadband Internet access in 2,500 villages within 150 days before rising to 6,000 villages within 180 days, 10,000 villages within 210 days, 13,000 villages within 240 days, 16,000 villages within 270 day, 19,000 villages within 300 days, 21,000 villages within 330 days and reach all 24,700 villages within 365 days.

The Cabinet approved a Bt20-billion budget for this project in January for the ICT Ministry to roll out broadband Internet access in 30,000 villages nationwide, of which Bt13 billion will be spent in the first year to install broadband access in the 24,700 villages by next June. The ICT ministry source said that due to the delay, only 2,000 to 3,000 villages will get broadband access under the project by end of this year.

Seafood export gains ‘next year’

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/business/Seafood-export-gains-next-year-30290223.html

EXPORT

THE benefits from the improved ranking in the United States’ Trafficking in Persons Report or the European Union decision to maintain its ‘yellow card’ would accrue from 2017 onwards, according to TMB Analytics.

TMB Bank’s economic centre believes that while Thailand’s ranking in the US TIP report went up from Tier 3 to Tier 2 Watch List, the EU would maintain its ‘yellow card’ on Thailand regarding the Kingdom’s measures to try to fight illegal, unreported and unregulated (IUU) fishing.

The EU is expected to announce the update later this year.

“Despite the actions, Thailand’s seafood exports to the US and EU would not see any expansion this year, given several lingering challenges which pressure exports to the two destinations,” it said.

In 2016, exports to the US market are expected to fall by 5 per cent year-on-year to US$1.2 billion, due to higher demand for produce from Latin American countries. Meanwhile, Thailand’s shrimp output has been dented by the EMS disease.

Exports to the EU are expected to fall by 24 per cent this year to $365 million, due to the EMS disease and internal economic challenges in the continent. Moreover, Thai products are priced higher than those coming from countries under the Generalised System of Preferences.

The bank acknowledged that while benefits are not immediate, Thailand’s labour-related strategies would become a major turning point for the seafood industry. All companies are required to apply international standards throughout their supply chain.

“This may be a painful period, but it could increase buyers’ confidence in Thai products and this would benefit Thailand in the long term,” it noted.

– The Nation

Sole foreigners barred from running business

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/business/Sole-foreigners-barred-from-running-business-30290222.html

FOREIGN BUSINESS ACT

THE Business Development Department has reviewed a new draft law and added in the document that a foreign individual cannot register a business in the Kingdom.

The move aims to prevent |foreign enterprises from competing against Thais in many businesses that should be preserved for Thais.

The original draft, known as “one person, one company”, states only that a single person can register a business in Thailand.

Pongpun Gearaviriyapun, director-general of the department, said the department planned to propose the law allowing a single Thai person to establish a new company to the Cabinet soon. The law would facilitate business growth, she said.

Currently, the law requires a company to have at least two partners for a partner company limited and at least three for a limited company.

Pongpun said the new law should help reduce costs and prevent disputes.

“If this law is enforced, the number of new businesses could double from the currently active 600,000 firms to 1.2 million,” she said. “Thailand’s ranking in the World Bank’s competitiveness ranking, or Ease of Doing Business, should improve.”

She said many small businesses would be able to reduce costs and use their time more effectively while avoiding complex registration procedures, as only one person could manage the process. The law should also reduce internal disputes.

According to a department study, 12 countries already use a “one person, one company” law. They are the United Kingdom, the United States, China, Singapore, Vietnam, Germany, Canada, the Netherlands, Italy, New Zealand, India and Japan.

If Thailand adopts this law, it will be the third nation in Asean to do so. Malaysia is also looking at adopting a similar law.

Chulalongkorn University has been commissioned to study the potential of the law, and Pongpun said all of the enterprises contacted by the university had agreed with the idea and were looking forward to a bill.

After the public hearing process, the department hopes Cabinet will fast-track the ratification process so it can become law next year. This law will include 60 articles.

The making of a green hotel

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/business/The-making-of-a-green-hotel-30289875.html

GREEN HOTEL

TO BECOME a green hotel in a world-heritage town like Luang Prabang requires many things, according to Luang Prabang View Hotel general manager John Morris Williams.

In his interview during the Asean Social-cultural Community Council meeting, Williams shared what he has done to make this hotel a green one.

Opened in 2009, Luang Prabang View Hotel is among the luxury hotels operating in the province. Its location is outstanding, placed on top of a peak that overlooks the town with clientele attracted to surrounding views of the town and province.

Williams came here two and half years ago.

“We are one of biggest hotels in the province and our hotel is unique in the province because we have such a good view. Meanwhile, the hotel is designed as an eco-hotel and we just received an Asian standard award for green hotels,” he said.

Making it green fits the character of the city, which attracts a large number of visitors each year. The province is now in third place nationally for registered hotels, followed by Vientiane with 208 and Champassak province with 62, according to the official 2015 statistics contained in a report on tourism in the country. Indeed, hotels in Luang Prabang, totalling 61 in 2015, have their own characteristics that feature the culture and tradition of this most well preserved ancient city in Laos.

Williams noted that the concept of a green hotel was chosen for Luang Prabang View because it was part the local culture and a philosophy supported by the owner, a Lao national who owns a construction company.

“As per the green hotel concept, we have begun recycling our garbage, we manage grey water using three ponds, and down to the land where we have our garden for planting flowers and vegetables.

“Meanwhile, we also raise pigs and ducks, which consume leftovers from the hotel that we feed them.” “Furthermore, one of the main objectives is that we must take care of our staff and develop their skills.

“I have worked all around the world for the last 35 years – in Thailand, Saudi Arabia, France and other countries.”

“As I travelled in many countries I wanted to give back my experiences to the staff so they can learn and become very professional in hospitality.

“I believe they can be very good at their work and ensure hospitality which is very important for the hotel to best serve its customers,” he said.

He added the staff also had the chance to attend training courses offered by a Lanith project in the province which trained them in hotel operations and hospitality standards.

The hotel also pays staff well and they can benefit from medical coverage for their health and receive extra income from overtime and service charges, he said. Williams said the hotel currently has 128 staff working in the hotel which boasts some 74 rooms. The hotel had welcomed diverse travellers including groups from various public private organisations and worldwide travelers from as far as Mexico, UK, Europe and other parts of Asia.

“Our hotel has still a way to go. We also plan to upgrade it to become a five star hotel in the near future. We are currently a four and half star hotel,” he said.

Despite the competition, he believes a cooperative approach remains key to selling the destination.

“We have to sell the whole of Luang Prabang. People don’t know only one hotel. We cannot just sell our hotel individually; we need to sell the whole of Luang Prabang and what it has. If people don’t like my hotel they have the option of looking at other hotels,” he said.

“If we want to be greedy and sell only the hotel it doesn’t work. “Luang Pabang has to be sold as one destination and everybody can get a piece of the pie”.

“We need to share to make Luang Prabang more fruitful. It is not just a hotel taxi drivers know, it is also the people selling from the streets.”

E-payments grow in RP as consumer affluence rises

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/business/E-payments-grow-in-RP-as-consumer-affluence-rises-30290157.html

AEC

AS THE Philippine economy becomes one of the fastest growing in the region, consumer affluence rises, according to global payments solutions firm Visa Inc.

This, based on data from Visa Inc, was driving the growth of electronic payments in the country.

In a briefing on Thursday, top Visa officials said card usage in the country, an indicator of “electronification” of payments, added 4.6 billion pesos (Bt3.4 billion) and 3,460 jobs to the domestic economy from 2011 to 2015.

Last year, the payment volume of all Visa cards in the Philippine grew by 8.6 per cent. The payment volume of domestic premium Visa cards expanded at 33 per cent.

Visa accounts for 22 per cent all active cards in the domestic market, but premium Visa cards accounted for 46 per cent of total payments in 2015.

“Over the years, Visa has introduced a series of cards to help Filipino consumers enjoy the convenience of electronic payments,” said Stuart Tomlinson, noting that his company teamed up with Citibank in 2001 to launch the first premium Visa card in the Philippines.

“The card created a new segment at that time,” he said, noting that today there were now nine partner banks issuing premium cards “to cater to the growing affluent community”.

Premium cards give holders higher credit limits, more attractive lifestyle privileges – from golf to dining to shopping and a higher level of reward programmes and priority customer services compared to regular cards.

The “affluent” consumer market is defined as the segment that’s one tier below the high-networth individuals. They are typically defined as individuals who earn more than P1 million yearly, although some banks bring the threshold down to P500,000, depending on strategy.

Affluent customers tend to travel a lot and have greater spending power. Based on data from Visa, affluent Filipinos outspend the average cardholders by 169 percent. The largest portion of affluent spending goes to retail (18.7 per cent), travel (18.66 percent), supermarkets (13.8 per cent), restaurants (6.8 per cent) and fuel (4.68 per cent).

“The growing affluent are also avid travelers,” Tomlinson said. “Visa is confident that our growing premium platform will enable our cardholders to make the most of their travel, providing discerning Filipinos with bespoke benefits they are not aware are out there.”

Based on Filipinos’ card spending, the top 10 outbound destination and the respective growth rates of travellers in 2015 were: USA (39 per cent), Singapore (39 per cent), United Kingdom (41 per cent), Hong Kong (24 per cent); Japan (97 per cent); France (22 per cent); Australia (30 per cent); Thailand (52 per cent); UAE (57 per cent) and Italy (42 percent).

Citing a study on the affluent market, one out of five opts for personal guided tours and customized itineraries. Over the past two years, the number of those who travel alone has more than doubled, and most of them select spontaneous and passion activities such as sports. Shopping in large malls accounts for the second most popular travel activity.

Most affluent travellers choose to stay in five- or four-star hotels and typically value complimentary stays, early check in and late check-out as important benefits.

Ringgit likely to pick up strength: analysts

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/business/Ringgit-likely-to-pick-up-strength-analysts-30290156.html

AEC

ANALYSTS believe the ringgit will continue to be influenced primarily by the direction of commodity prices, especially global crude-oil prices.

There could be some strengthening of the ringgit in the coming weeks even as investors flee to safe-haven assets on “Brexit” worries.

Global financial markets continue to digest the impact of Britain’s vote to leave the European Union, as well as the implications the move would have on monetary policy and fiscal stimulus.

A technical analyst said the ringgit would likely trade higher against the US dollar and pound sterling.

“There’s a mild upside against the US dollar and stronger upside against the sterling,” he said. However, he said there would be an element of caution in the markets because of the uncertainties.

Oil prices have hovered in the US$50-a-barrel level for some weeks now, and the ringgit has hovered at around 4 to the US dollar, mirroring the crude-oil price movement.

Gold and higher-rated sovereign bonds, including US Treasuries, Japanese government bonds, bunds and the Swiss franc have been the assets of choice for investors looking for shelter from the uncertain trading landscape. Another element that underscores the challenges ahead would be the US Federal Reserve’s decision on the benchmark interest rate.

At this point, analysts believe US policymakers will not vote to raise interest rates because of the slowdown in global economic growth and the impact this will have on the US economy, where job creation has fallen since March. Analysts say a rate increase is not likely before 2018.

US data have come in quite mixed, given the improved readings on private consumption and lower inflation against the backdrop of a lower-than-expected first-quarter economic growth.

This could leave a little bit of breathing space for policymakers in Malaysia, where economic growth shows a downtrend, with weak exports and tepid growth in private consumption as well as private-sector investment.

There has been speculation that Bank Negara could cut the benchmark overnight policy rate to support growth, given that inflation, which peaked in the January-to-March period, has stabilised.

Citigroup analysts said in a report dated July 6 that the improving outlook for the developed markets “continues to offer global markets a semblance of hope despite the despondent post-Brexit outlook”.

They noted that US equity markets had put in an “impressive performance” on July 5 as sentiments rose after the better-than-expected data from the Institute of Supply Management showing an improvement in the services and manufacturing indices.

“It is worth noting that the aggregated G10 economic surprise index is already at its high for the year and within a whisker of its two-and-a-half-year high-water mark, even as the aggregated emerging-market surprise index continues to fall,” they added.

The Group of 10 are France, Germany, Belgium, Italy, Japan, the Netherlands, Sweden, the United Kingdom, the United States, Canada and the 11th member, Switzerland.

“This improving economic outlook in the developed world continues to offer global markets a semblance of hope despite the despondent post-Brexit outlook. This is also supported by expectations of more monetary easing and a steadfastly dovish Fed,” the Citigroup analysts said, noting that the release of the minutes of the June Federal Open Market Committee meeting helped reinforce the view that US policymakers might have paused the rate-normalisation cycle.