Thailand has an average of 1.03 million tonnes of mismanaged waste each year, according to the Thailand Development Research Institute.
To combat this alarming environmental threat, 12 leading organisations have teamed up to launch a project they hope will help Thailand become a zero-waste society.
The “Create a Green World” project hopes to tackle waste management along the lines of the bio-circular-green economy that deals with global challenges such as climate change, biodiversity loss and pollution, hoping to create a sustainable environmentally friendly Thai society.
The project aims to recycle and upcycle waste to boost value and reduce the use of new resources by minimising waste problems that affect the environment and quality of life, and help create carbon credits.
The initiative has been piloted by Doi Kham with its network partners who are cooperating and supporting the recycling/upcycling of discarded UHT boxes, dialysis fluid bags and other waste materials for reuse.
The 12 organisations comprise Thailand Post, Thailand Post Distribution, Doi Kham Food Products, the Government Pharmaceutical Organisation, the National Health Security Office, the Thailand Greenhouse Gas Management Organisation, Chulalongkorn University, King Mongkut’s Institute of Technology Lat Krabang, Tetra Pak, Major Cineplex Public Group, Best Polymer and Advance Match.
All 12 inked a MOU on June 1 to build a green world. The initiative will last until 2025.
Ampon Food, SIG Combibloc and the Office of the National Council for Higher Education, Science, Research and Innovation have also voiced their readiness to join the much-needed project.
“His Majesty Rama IX had a very broad perspective on the environment,” Doi Kham president and chief executive Pipatpong Israsena Na Ayu said. “Therefore, we are concentrating mainly on the environment, asking what are we going to do for it.
“It is something we need to be aware of, that everyone in the country or everyone in the world needs to be aware of, otherwise this planet won’t become livable anymore in the future,” he pointed out.
“Do we want to pass on a dirty world to our children and grandchildren or do we want to give the people we love a world that is clean, a world that is livable,” Pipatpong asked.
“This [project] is the idea behind it all. Doi Kham is trying to move towards a bio-circular-green economy,” he added.
Rodenstock (Asia) Co., Ltd is a world leading manufacturer of lens and eyewear from Germany, established more than 145 years. It believes that everyone’s appearance is so unique and different, and so are all their eyes. Therefore, eye lens should be measured to be compatible with ones’ eyes.
Rodenstock has always developed an innovative technology for better progressive lens. The recent innovation is to manufacture biometric intelligent glass with AI which could process the wealthiest individual information ever. Rodenstock has collected personal data more than 500,000 individual biometric eye data. As a result of this, the accuracy of the biometric Intelligent glass is highly sharp with best view, comfortable looking, and vivid image at all distances.
Mr Siripong Tipmongkolsilpa, the Sales and Product Manager of Rodenstock elaborates that when you are reaching 40 years of age the eye lens gradually loses its elasticity, which is why it can no longer quickly differ between close-up and distance vision. A progressive lens is a lens that assists the actual eye lens and enables infinitely variable vision at all distances. A prerequisite for sharp vision with every glance and at all angles is the custom-fit of a progressive lens to the individual eye.
Up to now most lenses have been manufactured based on a traditional eye test, during which only four standard prescription values are determined for the calculation of the lens. When lenses are manufactured solely on the basis of these four values, standard values from the reduced eye model are used for the biometric data of the individual eye, which suit only 2% of eyes. The fact that each eye is unique is not taken into account – for example, the shape of the lens and cornea, which has an effect on how precise the lens is customised to the individual requirements of the eye.
Through the use of artificial intelligence and one of the largest biometric data pools, which includes 500,000 individual biometric eye measurements of other spectacle wearers, a new standard of lens calculation was created at Rodenstock. This new standard of lens calculation allows an AI-based biometric model of the eye to be created, even if only the traditional four standard refractive values of a spectacle wearer are available. This means that a significantly higher degree of biometric precision is possible for standard progressive lenses, which in turn now allows the manufacture of biometric lenses even without a previous measurement with the DNEye® scanner. Rodenstock calls the new AI-based lenses B.I.G. NORM™.
In addition to progressive lens with AI, Rodenstock has the best choice: Biometric lenses based on DNEye® technology. Rodenstock creates a paradigm shift in the calculation of progressive lenses by determining the unique shape and size of each eye exactly and taking this data into consideration in the manufacture.
The manufacture of lenses based on the exact eye measurement with the DNEye® scanner results in lenses which give the spectacle wearer pin-sharp vision, whereby Rodenstock determines the biometrics of the whole eye. This includes the length of the eye and several thousand data points – this is unique in the industry. Using these data records a precise, universal model is created for each individual eye. All relevant biometric data is incorporated directly into the lens production. On that basis a lens is then calculated that suits each individual person as perfectly as possible. This means that Rodenstock can determine the center of sharp vision for each individual eye. And spectacle wearers benefit from pin-sharp vision from every angle and with every glance, wherever they are looking.
The high degree of biometric precision of these lenses, based on the exact eye model of the wearer, gave Rodenstock inspiration for a new name. Rodenstock now calls these lenses: B.I.G. EXACT™.
Mr Siripong Tippayamongkolsilpa, sales and product manager of Rodenstock ,added that beside “While the precision and the advantages of the B.I.G. EXACT™ lenses – calculated on the basis of exact measurements of the DNEye® scanner – are still unrivalled, with the new B.I.G. NORM™ lenses Rodenstock can now achieve its goal of offering biometric lenses for everyone. Rodenstock starts a biometric revolution and also creates its B.I.G. VISION™ FOR ALL with standard refractive values.”
Global Compact Network Thailand (GCNT) together with the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) and the UN Country Team Thailand are empowering sustainability leaders across Southeast Asia at “UNGC Leaders Summit 2022” with more than 10,000 multi-sector partners around the world. The event highlight 3 sustainability: Climate Change, Biodiversity, and Social Development including engaging with SMEs to take part in driving the Sustainable Development Goals (SDGs) into ASEAN and into the Asia-Pacific region.
The Global Compact Network Association of Thailand (GCNT), together with the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) and the UN Country Team Thailand, co-hosted the “UNGC Leaders Summit 2022: Sustainability in ASEAN” to drive sustainability on the global stage Sustainability leaders from business, civil society, Government, Global Compact Local Networks Thailand, Indonesia, the Philippines, Singapore, Malaysia and Brunei. This year’s #LeadersSummit, inspired and catalyzed local and regional solutions for advancing policies that not only drive economic growth but accelerate progress towards the objectives of Sustainable Development Goals and the Paris Agreement in the ASEAN region with live broadcasts from Thailand around the world with over 10,000 attendees.
“The ESCAP Sustainable Business Network (ESBN), consisting of representatives of the private sector from the Asia-Pacific region, has adopted the Asia Pacific Green Deal for Business Declaration as a roadmap for companies to take the lead on climate action. ESBN, through this Green Deal, will lead private sector sustainability efforts to accelerate a green transformation in the region” said the Under-Secretary-General of United Nations and Executive Secretary of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), H.E. Armida Salsiah Alisjahbana in her opening remark.
Sanda Ojiambo, Assistant Secretary-General and CEO of the UN Global Compact, spoke about the challenges facing the world today: “Today the world is still struggling to emerge from the coronavirus pandemic – a battle that will only be won when vaccines reach everyone – and remedy the disruptions it has set off in the global economy. Earlier this year, the IPCC published its gloomiest report yet, warning that time is no longer on our side to prevent a climate change catastrophe. And on top of these disasters, the war in Ukraine is posing a direct systemic and persisting threat to global security on three fronts: food, energy and human. In times such as these, business is called upon to act. A reason for optimism is that we are seeing businesses taking action; providing solutions; forming coalitions of the willing. Nevertheless there is still more that needs to be done, particularly with regards to mobilizing the financing and investments required for delivery of the Sustainable Development Goals”
Mr Noppadol Dej-Udom, Chief Sustainability Officer of Chareon Pokphand Group and Secretary General, Global Compact Network Thailand announced that “The UN Global Compact was set up to direct the power of business as a force for good. It started with the recognition that businesses have contributed significantly to create and intensify most of the world’s major problems: climate change, biodiversity loss, air and water pollution, inequality, and violation of human rights.
At the same time, businesses possess the resources and capabilities to help solve these problems. As business leaders, we must shoulder the responsibility of not only addressing our own negative impacts on environment and society – or the ‘do no harm’ approach, but also go further to utilize our energy and expertise to actively help solve those problems.”
Ms Ruenvadee Suwanmongkol, Secretary-General of Security and Exchange Commission Thailand said that “As the Thai capital market regulator, SEC is committed to promoting the development of sustainable investment climate and responsible investment business in line with the UN SDGs. In so doing, we aim to enhance competitiveness, ensure inclusiveness, and strengthen trust and confidence in the Thai capital market. We also seek to increase the knowledge and the sense of ownership of the SDGs with support from the government, businesses, and international organizations. We are driving all our efforts to build the capital market as a key engine for restructuring and digitizing the Thai economy. We believe our continuing efforts will help the economy adapt to the changing landscape and be recognized in the international arena.”
The meeting beginning with the SDGs Ambition session discussing the importance and value of defining and integrating SDGs through supply chain operations. Especially in the past two years, due to the coronavirus situation, plans to achieve net zero have required technology, investment, collaboration, and commitment from top management. In other words, the cost of not initiating anything. The value is higher than the adjustment of each industry. which is unique from different problems.
Gloyta Nathalang, Executive Vice President, Bangchak Corporation Public Company Limited, one of the Thai business leaders who shared the vision and goals of the organization in this session said that it was a great opportunity to exchange experiences and learn about the Sustainable Development Goals with business leaders from other countries in the ASEAN region. Everyone agreed that there must be a clear, achievable goal, giving importance and understanding to this matter from the level of directors, executives, to employees and business stakeholders. UNGC has the SDG Ambition Guide and SDG Tools as tools that make it easier to set clear goals and follow up. Moreover, The cooperation with various partners is also important that the Bangchak Group has set targets for carbon neutrality in 2030 and net zero in 2050, which are unable to achieve these goals on their own. Therefore, the principle of “Leading Inclusively” is applied to lead all stakeholders to achieve this goal together.
The next session was SMEs ASEAN which SMEs leaders discussed the integration of sustainability in SMEs’ operations to create their contributions to the Sustainable Development Goals and unlock market opportunities. It starts with understanding and motivational benefits along with enhancing knowledge and concrete examples, for example, using customer pain points as ideas to develop possible solutions to reach the new generation. And finally, there must be a network or ecosystem, which will allow the exchange of knowledge between each other and easy to cooperate which creates new opportunities business and enable sustainable growth.
The afternoon session started with three key sustainability agendas: Climate emergency & Biodiversity and social development that started with a discussion on how businesses are dealing with climate change and preserving biodiversity that are like two sides of the same crisis and that it is therefore important that these crises are addressed in an integrated manner. The meeting ended with the issue of Social Sustainability. It discusses trends in social investment which will see businesses increase their investment and commitment to social sustainability issues like never before. to create thriving communities and ecosystems.
Mr Peerapong Krinchai, Executive Vice President, Corporate Engineering, CPF Thailand shared that CPF is moving towards cost-effective rotation of natural resources throughout the value chain and zero greenhouse gas emissions. by developing standards for sustainable sourcing of raw materials throughout the supply chain It has set a goal that by 2030, the procurement of 100% of key agricultural raw materials must be traceable and come from areas that do not deforestation and biodiversity. In addition, CPF has also upgraded its data management to connect to the manufacturing process with Blockchain technology to make traceability more accurate and faster.
Mrs Gita Sabharwal the UN Resident Coordinator in Thailand has closed the meeting saying The private sector will play an important role in supporting the country’s aspirations under the UN Sustainable Development Cooperation Framework (UNSDCF) over the next five years. on climate change and promote biodiversity.
UNGC Leaders Summit 2022 : sustainability in ASEAN has underscored how the ASEAN region has been a torch-bearer in the wider Asia-Pacific region in ‘building back better, together.
With 20 million Marriott Bonvoy points up for grabs, Westin and Strava kick off month-long global ‘RunWESTIN Challenge’ beginning June 1.
[Bangkok] – A champion of Global Running Day, Westin Hotels & Resorts – part of Marriott Bonvoy’s portfolio of 30 extraordinary hotel brands – today announced it has joined forces with Strava, the leading social platform for athletes and the largest sports community in the world, to reward fitness enthusiasts of all types for getting their hearts rates up beginning June 1. Through this new collaboration, 500 Marriott Bonvoy members will have the chance to earn 40,000 Marriott Bonvoy points each by completing the month-long global ‘RunWESTIN Challenge’ using the Strava app.
As the preeminent well-being brand in hospitality, Westin has consistently supported Global Running Day for more than five years as a means to further encourage guests to stay active while on the road. Westin empowers guests to transcend the rigors of travel through its Six Pillars of well-being: Sleep Well, Eat Well, Move Well, Feel Well, Work Well, and Play Well. Inspired by the brand’s Move Well pillar, this new collaboration with Strava continues to build on the industry-leading programming by Westin.
“The philosophy of Westin has always been rooted in empowering our guests to maintain, and even enhance, their well-being while traveling, so they leave feeling better than when they arrived,” said Jennifer Connell, Global Brand Leader, Westin Hotels & Resorts and Vice President, Distinctive Premium Brands, Marriott International. “With this in mind, and inspired by our foundational Move Well pillar, our unique partnership with Strava aims to motivate a global community of fitness enthusiasts and Marriott Bonvoy members to make wellness a priority and get rewarded for doing so.”
The ‘RunWESTIN Challenge’
Marriott Bonvoy members participating in the Challenge must complete 10 hours of physical activity within the month of June by running, in addition to other types of exercise including walking, biking, wheelchair, and hiking. The challenge of 600 minutes or 10 hours of activity for the month is informed by the American Heart Association’s recommendation of at least 150 minutes – roughly 2.5 hours – of physical activity per week . Upon completion of the Challenge at the end of the month, 500 participating members will then be selected at random to receive 40,000 Marriott Bonvoy points each.
How to Participate
Marriott Bonvoy members can begin registering for the ‘RunWESTIN Challenge’ on May 25 via the Strava app. The Challenge kicks off June 1 and closes June 30 at 11:59 p.m. in each participant’s respective time zone. Members can register at any point throughout June and complete their 10 hours of activity throughout the month in order to be eligible for the 40,000 points.
“Strava empowers athletes everywhere to find joy through movement,” said David Lorsch, Chief Revenue Officer, Strava. “We’re excited to celebrate Global Running Day with Westin and inspire Marriott Bonvoy members around the world to stay active with the power of Strava Challenges this June.”
To learn more about well-being at Westin, please visit www.westin.marriott.com and join the conversation @westin and #runwestin. To download the free Strava app on your smartphone, visit the App store and search for Strava. To download Strava on your desktop, visit https://www.strava.com.
Provide 7 supports for Thai innovative entrepreneurs to conquer the crisis.
The National Innovation Agency (Public Organization) or NIA, Ministry of Higher Education, Science, Research and Innovation launched the project “Tiger Warrior” and sign cooperation agreements for “Non-financial support Mechanism in innovation” with 15 alliances from public sector, private sector and institutions to support innovative entrepreneurs to access to services and benefits from consultants/service providers. The supports cover the entire value chain in 7 areas including innovation manufacturing, innovation management, and innovation for growth. These are like the weapons for Thai entrepreneurs to fight in this crisis era.
Assoc. Prof. Dr. Soranit Siltham, Chairman of the National Innovation Board, said, “Amid challenges and changes in the economy, society and environment, Thailand needs to find new solutions in order to adapt to the new situation. NIA as the main agency for promoting and developing innovation of the country, aims to strengthen open innovation systems through connecting investment and growth opportunities for innovative businesses. Therefore, NIA has developed non-financial support tool called “Tiger Warrior” which is a pilot project to build innovative network and offer access to the services and benefits of 15 alliances. NIA play a role as “Focal Facilitator” to coordinate collaboration between sectors.”
Dr. Pun-Arj Chairatana, Executive Director of the National Innovation Agency (Public Organization) said, “Over the past three years, the global economy has faced three major threats: economic crisis, climate change & pandemic, and extreme inequality which affect entrepreneurs who do not have a plan to encounter difficulties in doing business. Therefore, NIA aim at encouraging entrepreneurs to have knowledge innovation capability and transform them into Innovation Based Enterprise : IBE. Tiger Warrior is one of the projects that support the entire value chain including innovation manufacturing, innovation management, and innovation for growth through services and benefits access from allied agencies which are leading organization in public sector, private sector, and institution. This could be considered as one of pilot mechanism in building. “Innovation Thailand” brand in terms of building a network of entrepreneurs and partner agencies.”
Dr. Krithpaka Boonfueng, Deputy Executive Director (Innovation System) of the National Innovation Agency (Public Organization), said, “Tiger Warrior are NIA’s new support mechanism that focuses on promoting business capabilities of SMEs. NIA supports potential innovative entrepreneurs who are like “tigers” to sharpen their claws from using the services and special privileges which will turn them to the “warrior” who can compete in the changing and uncertain situations. The services are divided into 3 groups, 7 service areas, which are: Innovation Manufacturing: 1) Product/Packaging Design/ Prototype Factory (OEM) 2) Industry Standards Innovation Management: 3) Finance and Accounting 4) Business/Marketing Plan 5) Business Law and Intellectual Property Innovation for Growth: 6) Logistics Management and 7) International Trade”
“Innovative entrepreneurs can get access to services and benefits from 15 partner agencies, including Science and Technology Park, Chiang Mai University (STeP), Food Innovation and Packaging Center (FIN), Thailand Institute of Scientific and Technological Research (TISTR), UIC CERTIFICATION SERVICES COMPANY LIMITED, Accounting Transformation Co., Ltd. (AccRevo), YES YOU CAN Co., Ltd., Builk One Group Co., Ltd., BAKER & MCKENZIE LTD., Intellectual Property Consultoria Office (IP CO) Company, TV DIRECT PUBLIC Co., Ltd., Fast Chip Co., Ltd., CHANWANICH Co., Ltd., Thailand Smart Trade Center (TSTC), eTouch Co.,Ltd. and Thai Business Incubators and Science Parks Association (Thai-BISPA). NIA hopes that “Tiger Warrior” participant entrepreneurs will be able to strongly grow in the business world.”
One of the most important requirements for visitors to Thailand, now that the old rules have been lifted, is the COVID-19 insurance plan for foreigners, which covers the traveler for at least $10,000. In addition to meeting all the other requirements, the traveler must also have a valid visa and a Thailand Pass. This health insurance is an extra safety measure to make sure that the traveler will be able to pay for all costs if they get COVID-19 or die from it while they are in the kingdom.
When it comes to documentation, Thai immigration authorities are notoriously rigorous, and they will require a Thailand Pass on arrival if you are not Thai. A number of insurance companies in Thailand have teamed together to create COVID-19 insurance plans that will be approved by immigration, and these policies may be acquired quickly and conveniently online.
The Thailand Pass, and insurance is only required if you are NOT Thai.
What are the most affordable options?
Currently there is a MSIG Covid Insurance policy for only ฿660 (19 USD) policy which will meet the entry requirements.
There is also a lowcost FWD Covid Insurance policy for ฿650 but in order to qualify for the policy you need to meet the following requirement:
Provide negative RT-PCR test result within 72 hours prior to the policy effective date otherwise the effective date of your policy will be 14 days after your arrival.
We recommend the LUMA Covid Insurance as they has instant approval, and you can apply for your Thailand Pass right after you get the document with 1 minute. The LUMA Covid Insurance will also automatically cover travel to Singapore, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, and Vietnam.
What insurance document do I upload for Thailand Pass?
If you purchase a policy from any of the featured policies below you will receive a PDF document which will contain a single page letter which will mention the following things
Full Name of the traveler
Coverage amount $10,000+
Coverage in USD / EUR
Clear mention of COVID-19 coverage
Mention of travel to Thailand, or global travel coverage
Thailand Pass now supports PDF files, so you can simply use the PDF to apply for your Thailand Pass.
Thailand Covid Insurance Compare
You can refer to the Thailand Pass Covid Insurance price comparison tool for Thailand Pass below which compares over 8 insurance providers based on the travelers departure country, age, and policy duration.
Mrs. Kobkarn Wattanavrangkul, Chair of the Thai Host Committee of Global Summit of Women 2022 (GSW), invited the ambassadors and diplomats of foreign countries to update Thailand’s readiness to host the summit at the Centara Grand at Central World during June 23-25th, 2022.
The Summit will be holding this global gathering of women in business and government from 60+ economies for active cross-border networking, robust best practice exchanges, inspiring presentations, with a focus on creative solutions to advance women’s economic progress globally.
The 2022 Summit’s theme is “Women: Creating Opportunities in the New Reality.” This theme reflects new ways of women’s engagement in the new and changed global marketplace where ecommerce has thrived due to an ongoing pandemic. Women have contributed to raising national GDPs globally in past decades, and they will be critical players in the economic recovery post-COVID as workers, small business owners, consumers and investors.
( PR News ) With an AI-driven network, King’s College International School Bangkok creates enhanced in-person, online and hybrid learning experiences for its students
Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that King’s College International School Bangkok (King’s Bangkok), a leading education provider for local and international students, has selected Juniper’s wired, wireless and security solutions to power its campus networking experience. With a secure AI-driven network, the school can provide enhanced teaching and learning experiences for staff and students, especially as onsite learning resumes and enrollment continues to grow.
As the first King’s College School Wimbledon International School in South East Asia, King’s Bangkok’s mission is to become one of Asia’s leading educational institutions. With almost 1,000 students on campus and growing, King’s Bangkok aims to develop independent enquirers by offering individualized care and a variety of experiences designed to help students excel. To deliver on its commitment to providing high-quality, innovative and secure learning for its teachers and students, the school partnered with Juniper to build a robust AI-driven campus network to enable rich and reliable digital learning experiences.
In line with its goal of creating a wireless-first network campus, King’s Bangkok has deployed Juniper Wireless Access Points along with the Juniper Mist Wireless Assurance service, providing staff, students and guests with access to seamless high-speed and reliable connectivity anytime, anywhere. Juniper’s EX3400 and EX2300 Ethernet Switches, as well as the Juniper Mist™ Wired Assurance service, underpin this connectivity by bringing insight into user and device experiences while simplifying the management and operation of the wired network. This helps the school meet the demands for increasing numbers of connected devices and network bandwidth demands as more students access digital learning tools across the campus.
To better support the school’s lean IT team, the Juniper Mist Cloud Services will streamline the deployment and management of King’s Bangkok campus fabric, while Mist AI simplifies operations and improves visibility into the performance of connected devices. This is significant to King’s Bangkok, which could see up to thousands of connected devices from mobile phones to tablets to laptops at once.
The campus is also required to comply with GDPR and PDPA laws from the United Kingdom and Thailand respectively, making data protection the utmost priority. King’s Bangkok places a huge emphasis on safeguarding its students from malicious websites and content. The deployment of Juniper’s SRX1500 Services Gateway will serve as the campus’ perimeter firewall, supporting next-generation firewall capabilities.
With a secure, high-performance network powered by automation and Mist AI, King’s Bangkok has solidified its position as a leading education provider in Thailand, providing students, staff and guests with seamless connectivity around campus.
Supporting Quotes:
“Through our partnership with Juniper Networks, King’s Bangkok is able to deliver on our commitment to providing innovative and secure learning experiences for our students and teachers. Our school aims to be forward thinking and Juniper, with its cloud and AI-driven solutions, offers our IT team more flexibility and ensures always-on wireless connectivity throughout the campus. As we anticipate the school’s enrollment to grow over the next few years, we are confident that Juniper has helped us build a scalable network that will only continue to create superior digital learning experiences for Thailand’s brightest minds.”
– Dion Norman, Director of Information Communication Technology, King’s College International School Bangkok
“We are honored that King’s College International School Bangkok has chosen Juniper to deliver a world-class education experience in this vibrant and rapidly developing nation. With AI-driven automation and insight, the school’s IT team can focus on priority tasks allowing for more seamless and cost-effective IT operations. We are confident that our experience-first approach to networking will accelerate the school’s AI-driven enterprise journey, all while ensuring that teachers and students receive the best possible education experience.”
– Perry Sui, Senior Director, ASEAN & Taiwan, Juniper Networks
About Juniper Networks
Juniper Networks is dedicated to dramatically simplifying network operations and driving superior experiences for end users. Our solutions deliver industry-leading insight, automation, security and AI to drive real business results. We believe that powering connections will bring us closer together while empowering us all to solve the world’s greatest challenges of well-being, sustainability and equality. Additional information can be found at Juniper Networks (www.juniper.net) or connect with Juniper on Twitter, LinkedIn and Facebook.
Juniper Networks, the Juniper Networks logo, Juniper, Junos, and other trademarks listed here are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners.
The president of the Thai-Chinese Chamber of Commerce Narongsak Putthapornmongkol on May 26 welcomed Tan Teck Lee, director – South East Asia and Asia-Pacific at Singapore Business Federation (SBF) on the occasion that the SBF was bringing Singaporean entrepreneurs to visit the ThaiFex – Anuga Asia 2022 event held at Impact Muang Thong Thani in Nonthaburi province.
Narongsak said the Thai-Chinese Chamber of Commerce is looking forward to strengthening cooperation with the SBF to expand business deals with Singaporean entrepreneurs.
Meanwhile, Lee said SBF has launched the “Global Connect @SBF” platform to support Singaporean entrepreneurs in expanding their businesses overseas. Currently, SBF has over 27,200 members and a regional office in Bangkok.
SBF also plans to bring more Singaporean entrepreneurs to visit the Food & Hotel Thailand (FHT) event scheduled in September and is looking forward to matching with Thai-Chinese business partners in the food and hotel industries.
Singapore is Thailand’s 8th trade partner globally and ranked 4th among Asean members. Trade value between the two nations amounted to US$6.6 billion in the first four months of 2022. Thailand’s exports to Singapore during said period were at US$3.8 billion with US$2.7 billion worth of imports. Key export products to Singapore are gems and jewelry, oils, computers, electrical circuit boards, chemicals, and air conditioners.
Mutual funds have always been highly popular among old and new investors and yet still show a promising trend of future expansion. One might wonder how come mutual funds can still maintain their popularity nowadays despite more financial tools and investment options have been available.
Here are some of the benefits that mutual funds have which attract investors seeking to maximize their profits.
1. Small capital required Mutual funds nowadays require smaller minimum investment capital compared to other investment options, which means anyone can start investing regardless of their financial status.
2. Variety of investment options Mutual funds offer several financial products that suit the varied needs of investors. You can choose from a wide range of options such as fixed-income funds, technology funds, gold funds, health technology funds, clean energy funds, and more. Investors can choose the funds in the sector that they are interested in, or distribute their capital across several funds to achieve the profit target.
3. High cash flow Mutual funds have a shorter period for redemption of unit trust, which allows investors to faster regain their capital for future investment and therefore maintain a high cash flow.
4. Double the profits with tax benefits Mutual funds such as SSF (Super Saving Fund) and RMF (Retirement Mutual Fund) grant investors tax deduction benefits provided that they meet the investment requirement. SSF requires about 10 years of continued investment while RMF investors must hold the unit trust until they are 55 years old before they can be sold. Investors therefore are advised to study the criteria and requirements of each fund carefully.
5. Equally supervised by experts No matter how small you invest, every mutual fund will be professionally managed by ‘Fund Managers’ who are well-versed in asset management while your profit will be handled by ‘Trustees’ who work to ensure the funds’ transparency and maximum profits for investors. This has made mutual funds a hassle-free investment whereas investors have the freedom to focus on their work or things they love.
6. Diversified investments As mutual funds pool capital from several investors, they will need to distribute the investments across different assets to maximize the profits and minimize the risks throughout the investment period, depending on each funds policy. This helps investors save time in analyzing different assets as well as in dealing with organizations that they need to invest in.
7. DCA friendly Mutual funds are suitable for Dollar Cost Average (DCA) approach, which is a strategy to invest regularly and continually at equal amounts in long term. Since mutual funds require a small starting investment, supervised by professionals, and have diversified investment, investors can therefore rest assured that they can stay on track under the DCA approach until they achieve the desired target.
Principal Asset Management, a subsidiary of Principal Financial Group, is a world-leading asset management company trusted by over 45.5 million investors worldwide and has accumulated over US$ 990.4 million of capital (as of June 2021). We have selected premium funds in different sectors such as bonds, equity, property funds, foreign investment funds, and more for investors to choose from in order to achieve their financial targets.
As the first King’s College School Wimbledon International School in South East Asia, King’s Bangkok’s mission is to become one of Asia’s leading educational institutions. With almost 1,000 students on campus and growing, King’s Bangkok aims to develop independent enquirers by offering individualized care and a variety of experiences designed to help students excel. To deliver on its commitment to providing high-quality, innovative and secure learning for its teachers and students, the school partnered with Juniper to build a robust AI-driven campus network to enable rich and reliable digital learning experiences.
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