Oracle Releases Java 19 New release delivers seven JDK Enhancement Proposals

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Oracle Releases Java 19 New release delivers seven JDK Enhancement Proposals

Oracle Releases Java 19 New release delivers seven JDK Enhancement Proposals

MONDAY, SEPTEMBER 26, 2022

New release to increase developer productivity, improve the Java language, and enhance the platform’s performance, stability, and security. Java 19’s key capabilities are to be showcased at JavaOne 2022 in Las Vegas on October 17-20.

Oracle today announced the availability of Java 19, the latest version of the world’s number one programming language and development platform.

Java 19 (Oracle JDK 19) delivers thousands of performance, stability, and security improvements, including enhancements to the platform that will help developers improve productivity and drive business-wide innovation.

Oracle will showcase the latest capabilities in Java 19 at JavaOne 2022, taking place October 17-20 in Las Vegas, and via a keynote broadcast airing on dev.java/ at 9:00 a.m. PT on Tuesday, September 20.

Taveesak Saengthong, managing director, Oracle Thailand, said, “The developer community is the lifeblood of Java. As the steward of Java, Oracle is committed to providing developers and enterprises in Thailand with the latest tools to help them create innovative apps and services. We are confident that the new features and enhancements in Java 19 will boost efficiency for developers and programmers in Thailand, enabling businesses to build great platforms.”

The latest Java Development Kit (JDK) provides updates and improvements with seven JDK Enhancement Proposals (JEPs). Most of these updates are to be delivered as follow-up preview features improving on functionality introduced in earlier releases.

Oracle Releases Java 19 New release delivers seven JDK Enhancement Proposals

JDK 19 delivers language Improvements from OpenJDK project Amber (Record Patterns and Pattern Matching for Switch); library enhancements to interoperate with non-Java Code (Foreign Function and Memory API) and to leverage vector instructions (Vector API) from OpenJDK project Panama; and the first previews for Project Loom (Virtual Threads and Structured Concurrency), which will drastically reduce the effort required to write and maintain high-throughput, concurrent applications in Java.

“Java developers are increasingly seeking tools to help them efficiently build highly functional applications for deployment in the cloud, on-premises, and in hybrid environments,” said Arnal Dayaratna, research vice president, software development, IDC. “The enhancements in Java 19 deliver on these requirements and illustrate how the Java ecosystem is well-positioned to meet the current and future needs of developers and enterprises.”

Oracle delivers new Java Feature releases every six months via a predictable release schedule. This cadence provides a steady stream of innovations while delivering continuous improvements to the platform’s performance, stability, and security, helping increase Java’s pervasiveness across organizations and industries of all sizes.

The most significant updates delivered in Java 19 are:

Updates and Improvements to the Language
JEP 405: Record Patterns (Preview): Enables users to nest record patterns and type patterns to create a powerful, declarative, and composable form of data navigation and processing. This extends pattern matching to allow for more sophisticated and composable data queries.


JEP 427: Pattern Matching for Switch (Third Preview): Enables pattern matching for switch expressions and statements by permitting an expression to be tested against a number of patterns. This allows users to express complex data-oriented queries concisely and safely.

Library Tools
JEP 424: Foreign Function and Memory API (Preview): Enables Java programs to more easily interoperate with code and data outside of the Java runtime. By efficiently invoking foreign functions (i.e., code outside the Java Virtual Machine [JVM]), and by safely accessing foreign memory (i.e., memory not managed by the JVM), this API enables Java programs to call native libraries and process native data via a pure Java development model. This results in increased ease of use, performance, flexibility, and safety.

JEP 426: Vector API (Fourth Incubator): Enables superior performance compared to equivalent scalar computations by expressing vector computations that reliably compile at runtime to vector instructions on supported CPU architectures.

Ports

JEP 422: Linux/RISC-V Port: Sets the stage for easier Linux/RISC-V implementations by integrating this port into the JDK mainline repository.


Project Loom Preview/Incubator Features
JEP 425: Virtual Threads (Preview): Dramatically reduces the effort of writing, maintaining, and observing high-throughput concurrent applications by introducing lightweight virtual threads to the Java Platform. Using virtual threads allows developers to easily troubleshoot, debug, and profile concurrent applications with existing JDK tools and techniques.


JEP 428: Structured Concurrency (Incubator): Streamlines error handling and cancellation, improves reliability, and enhances observability by simplifying multithreaded programming and treating multiple tasks running in different threads as a single unit of work.


Driving Java Innovation in the Cloud
The Java 19 release is the result of extensive collaboration between Oracle engineers and other members of the worldwide Java developer community via the OpenJDK Project and the Java Community Process (JCP). In addition to new enhancements, Java 19 is supported by Java Management Service – an Oracle Cloud Infrastructure (OCI) native service – that provides a single pane of glass to help organizations manage Java runtimes and applications on-premises or on any cloud.

Supporting Java Customers
The Oracle Java SE Subscription is a pay-as-you-go offering that provides customers with best-in-class support, entitlement to GraalVM Enterprise, access to the Java Management Service, and the flexibility to upgrade at the pace of their businesses. This helps IT organizations manage complexity, contain costs, and mitigate security risks. In addition, Java SE and GraalVM Enterprise are offered free of charge on OCI, enabling developers to build and deploy applications that run faster, better, and with unbeatable cost performance on Oracle Cloud.  

Underscoring Java’s popularity with the global developer community, Oracle is proud to recognize the 1 millionth completed Java certification. Java certifications help developers stand out as Java experts and raise their profiles with enterprises seeking to attract highly skilled Java professionals.

Oracle Releases Java 19 New release delivers seven JDK Enhancement Proposals

SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023

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SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023

SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023

MONDAY, SEPTEMBER 26, 2022

THE NATION

SLEEK EV, a leading Thai-Singaporean electric motorcycle manufacturer, recently launched its brand for the first time in Thailand, aiming to penetrate the Thai market with four models: SLEEK TYPE-V, TYPE-V GT, TYPE-S and SLEEK ONE. Reservations started in June.

The company aims to launch three more models next year as well as establish battery swapping stations nationwide to improve their users’ mobility experience, with the emphasis in their motto of creating a “Lifestyle in Motion”. 

Kantinan Tunveenukoon, Co-Founder and Group CEO of Sleek EV Company Limited, said “Today SLEEK is ready to improve the travel and lifestyle of modern people with high-efficiency electric motorcycles with solid performance, backed by comprehensive one-stop service centres, battery swapping stations, and financial services. We are committed to our goal of creating innovation and products that fulfill the lifestyle of everyone.”

SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023

SLEEK EV has introduced two models in the home scooter segment namely TYPE-S and SLEEK ONE, which are suitable for city use thanks to their compact size. Meanwhile, in the urban scooter segment, the company also launched TYPE-V and TYPE-V GT, which have more power and are suitable for long-distance travelling. The TYPE-V model features a 3,000-watt motor and 60V 70Ah Lithium NMC battery, capable of speeds up to 80km/h and priced at 129,000 baht. The TYPE-GT V model comes with a 4,000-watt Mid-Drive Motor, reaching speeds up to 100km/h with a full digital display, priced at 149,000 baht.

SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023
SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023

At the SLEEK launch event, the company also introduced the S Pods and the S Pods Home battery swapping stations. The network of stations will be available at gas stations, shopping malls, restaurants, and coffee shops, within 7-9km apart. SLEEK aims to roll out in Bangkok first, with a target of 225 locations by the end of 2023. Users can use SLEEK mobile application to get their vehicle information, and locate service centres and S Pods stations.

SLEEK EV also announced business partnerships with Bosch Thailand, who will support the SLEEK’s electric motorcycle development, and with Pro Concept Manufacturer (PCM) who will jointly establish a motorcycle assembly and battery manufacturing factory in Thailand.

SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023

SLEEK EV has also partnered with Bank of Ayudhya, which operates under the framework of Environmental, Social, and corporate Governance (ESG), to provide loans with exclusive interest rates to SLEEK customers.

SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023

SLEEK EV now has authorized distributors in 22 provinces and expects to have service centres and dealerships nationwide within the first quarter of 2023. The company is committed to developing Thailand’s electric motorcycle industry and promoting the use of renewable energy according to its slogan of ‘Lifestyle in Motion.’

SLEEK EV officially debuts in Thailand, eyes having battery swapping stations nationwide in 2023

#SLEEKEV #LifestyleinMotion #ElectricMobility #ElectricMotorcycle #SLEEKEvent #ParadigmShift2022

THE NATION

Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

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Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

MONDAY, SEPTEMBER 26, 2022

THE NATION

Reasserting its stance of being a professional partner for the client

Plus Property proudly presents its sole agent business results for this year, spanning 13 property projects on highlight locations in Bangkok and the provinces. Sukhumvit, Ari, Sathon and Ratchada are some of the locations with high potential in Bangkok. In the provinces, PLUS has been managing projects in tourist destinations such as Hua Hin and Phuket. In total, 12.4 billion baht of project value is being managed this year. PLUS is also highlighting the trust that clients have given to the company’s professionalism. This is due to the availability of a seasoned sales team, accurate database and analysis capability and insight into market and consumer demands.

PLUS is confident the property market will become revitalized in the final quarter of the year because of supporting momentum from the tourism sector. The company is expanding its clients base by taking on sales management contracts from developers in provinces that have good potential, such as the tourism destinations of Hua Hin and Phuket. 

Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

Ms. Somsakul Limsuttaphan, Deputy Managing Director – Business Development and Asset Management Department, Plus Property Company Limited, the full-service professional property and facility management agency, revealed “PLUS’s project sales management team were entrusted by developers to manage a total of 13 projects, worth 12.4 billion baht in all, in 2022. These include property projects in Bangkok, Hua Hin and Phuket. 70% of the projects were of the condominium and 30% were detached house and townhouse projects. The projects span across all price segments, from affordable projects to luxury offerings. Since the start of the year, PLUS has managed sales and marketing for 7 property projects, namely Quintara Phume in Sukhumvit 39, Quintara Treehaus in Sukhumvit 42, Thawee on Phet Kasem Rd., Dusit D2 Hua Hin, Kalm Penthouse Ari, Park Ram Inthra and MEKA Ramintra. Together, these projects account for 6 billion baht in value. The projects have already achieved an 81% sales ratio, worth 4.8 billion baht. A highlight project is the 440-million-baht Kalm Penthouse Ari where a sold out phenomenon was achieved within just 11 months. MEKA Ramintra is another noteworthy project as it is situated in an area with potential in the heart of the Ram Inthra locale, while being just 1 kilometre away from the Pink Line electric train. Designs were based on the concept “The Pride For Endless Pleasure”. The project consists of 3-storey detached homes built in a modern luxury style that emphasized privacy. Only 24 units were available.”

Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

From the final quarter of 2022 to early next year, PLUS will manage sales for 6 other projects that are due to launch. These include Navara Pahonyothin 8, two projects in Phuket, a townhome project in Bangkok’s Ratchaphruek area and the Quintara MHy’ Gen project in the Ratchada-Huai Khwang locale. The latter offers a central city location enabling connectivity to all other sites in Bangkok via Ratchada, all at an approachable starting price of 1.99 million baht*. Furthermore, the Quintara MHy’ Den project in the Pho Nimit-Sathon area will become the 5th project from developer Eastern Star which PLUS has administered sales for.

Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

Aside from taking additional sales management contracts in Bangkok, PLUS has also been expanding its clients base toward the provinces, especially toward tourism destinations such as Hua Hin and Phuket. The foreign market is currently making a comeback, with information from the Tourism Authority of Thailand forecasting 7-10 million foreign tourist arrivals this year. This would be significantly higher than last year’s figure. Thailand’s full reopening to tourists since July 1 also presents added hope for the revitalization of economic growth. Said revitalization would benefit the recovery of various business sectors in Thailand, especially those within the tourism sector. All the while, the Thai real estate market has been receiving positive signals from the tourism sector.

Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

Plus Property places importance in being a “partner” to clients and highlights several advantages of its sales management service. PLUS pays keen attention to the requirements of developers and has insight into market demands. Key success cases have enable the company to continually gain the trust of clients, who allowed PLUS to continue managing sales for them. An example is Eastern Star Real Estate Plc., which is currently having PLUS manage sales for the 5th time. Meanwhile, the Enrich group has submitted two projects for PLUS’s management. Plus Property offers total solution services, including sole agent service that provides developers with consultation at every step of the way, from initialization of project development to design, marketing and sales. PLUS continually develops the capabilities of its sales personnel so they can perform as professional advisors who are knowledgeable and able to provide accurate target group and market assessments and are also able to act as investment advisors. PLUS’s research team makes use of data analytics to improve on sales and engage the CRM system to determine the real demand of consumers. This is achieved in part using the Customer Journey initiative. The information attained is presented to the client developer.

Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

Plus Property is a full-service professional property and facility management agency. PLUS is able to provide sales management service for all types of residential projects, delivered by its team of personnel that leverages experience spanning more than 25 years. For more information, call 02 688 7555 or visit https://www.plus.co.th/service/sole-agent

Plus Property showcases its Sole Agent portfolio for 2022, comprising 13 projects worth 12.4 billion baht

THE NATION

EGCO Group acquires Chaiyaphum and Theppana Wind Farms

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EGCO Group acquires Chaiyaphum and Theppana Wind Farms

EGCO Group acquires Chaiyaphum and Theppana Wind Farms

MONDAY, SEPTEMBER 26, 2022

Electricity Generating Public Company Limited or EGCO Group expands its renewable power generation business portfolio with the successful acquisition of 10% additional shares in “Chaiyaphum Wind Farm” and “Theppana Wind Farm” power plants in Chaiyaphum province.

This acquisition enables EGCO to be the whole owner of those two wind power plants and the company will recognize the immediate earnings in the proportion of its additional shares.

Additionally, it will support the company’s goal to achieve carbon neutrality by 2050. 

Thepparat Theppitak, EGCO Group’s President, disclosed that “EGCO has successfully acquired an additional 10% of the common shares in Chaiyaphum Wind Farm Company Limited and Theppana Wind Farm Company Limited, which operate “Chaiyaphum Wind Farm” and “Theppana Wind Farm” power plants respectively,     from the existing minority shareholders.

EGCO Group acquires Chaiyaphum and Theppana Wind Farms

The transaction was completed with share transfer on 22 September 2022, resulting in EGCO’s 100% ownership in the two wind power plants.”

The “Chaiyaphum Wind Farm” wind power plant is located in Subyai district, Chaiyaphum province. The power plant, commercially operated in 2016, has a total installed capacity of 80 MW and sells its net electricity output to the Electricity Generating Authority of Thailand (EGAT) under a non-firm PPA for Small Power Plant (SPP) scheme.

Meanwhile, the “Thappana Wind Farm” power plant with an installed capacity totalling 7.5 MW is located in Thepsathit district, Chaiyaphum province. It started commercial operation in 2013 and sells its net electricity output generated to Provincial Electricity Authority (PEA) under the non-firm PPA for Very Small Power Plant (VSPP) scheme.

EGCO Group acquires Chaiyaphum and Theppana Wind Farms

Furthermore, both power plants operate efficiently with high availability and the machines are well-maintained in a good condition. They are placed in potential and good locations where the wind blows throughout the year.

“The additional investment is in line with EGCO Group’s “Cleaner, Smarter and Stronger to Drive Sustainable Growth” business direction in support of the global low-carbon objectives. It will support the company’s mid-term goals to increase the portion of renewable energy to 30% of the total generating capacity and reduce carbon emission intensity by 10% by 2030. Our ambitious goal is to achieve carbon neutrality by 2050,” added Thepparat.

Central opens membership store of ‘affordable premium imports’ to beat price crisis

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Central opens membership store of ‘affordable premium imports’ to beat price crisis

Central opens membership store of ‘affordable premium imports’ to beat price crisis

MONDAY, SEPTEMBER 26, 2022

Nongluck Ajanapanya

Central Retail aims to soften the cost-of-living crisis for Thailand’s middle class with Tops CLUB, a new membership-based store selling premium imported products at “affordable prices”.

Stephane Coum, Central Retail Food Group CEO, said Tops Club will be the first store of its kind in Southeast Asia when it opens on Wednesday (September 28).

Tops CLUB will be an exclusive source of premier brands from all over the world, with new additions weekly, he said.

Central opens membership store of ‘affordable premium imports’ to beat price crisisThe stores will sell five categories of products: dried groceries and beverages, fresh food and ingredients, alcohol, general goods including sports equipment and pet products, and household goods.

Of the 3,500-plus items on shelves, 75 per cent will be imported while the remainder – including chicken, eggs, and some local fruit – will be sourced from domestic producers.

Central opens membership store of ‘affordable premium imports’ to beat price crisis

Coum said Tops CLUB expects strong growth after positive feedback from pop-up stores in July. It said about 12,000 members have already registered with 10,000 more expected to follow this year.

Central opens membership store of ‘affordable premium imports’ to beat price crisisTops CLUB spans 15,000 square metres of warehouse-style space behind Central Rama II and is divided into three product zones.

“Customers can try products before purchasing them at over 40 sampling points,” general manager Jitlada na Chiangmai said.

Central opens membership store of ‘affordable premium imports’ to beat price crisis

She added that all prices at Tops CLUB were comparable or lower than the equivalent prices overseas. Thai and expat consumers have long complained about inflated prices of imported products in Thai supermarkets.

Jitlada said Tops CLUB target group is upper-middle-class families.

Nongluck Ajanapanya

Nation Group establishes new subsidiary for Post Today, NewsClear acquisition

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Nation Group establishes new subsidiary for Post Today, NewsClear acquisition

Nation Group establishes new subsidiary for Post Today, NewsClear acquisition

MONDAY, SEPTEMBER 26, 2022

THE NATION

Nation Group Thailand Plc notified the Stock Exchange of Thailand (SET) on Monday that it has approved the establishment of a subsidiary for Post Today and NewsClear online media that it purchased from Bangkok Post Plc.

Nation Group expects the acquisition will strengthen its media empire, as Post Today brings over 20 years of experience in reporting business, economic and social news.

The new subsidiary, named Post Today Co Ltd, will serve as the recipient for licences and services of the newly acquired media.

On September 7, Nation Group notified the SET that the acquisition contract with Bangkok Post was finalised at a price of 58.85 million baht. Nation Group paid a deposit of 10 million baht, with the remainder due by September 30 or when the asset inspection is complete.

Post Today Co Ltd has registered capital of 120 million baht and 12 million ordinary shares priced at 10 baht per unit. Nation Group holds 99.99 per cent of shares in the company, whose business is listed as media and news services. The company is expected to start generating commercial earnings within this year.

Explaining the reason for the acquisition, Nation Group CEO Shine Bunnag said Post Today was a strong media outlet with 20 years of credibility and stature in Thai society.

“Post Today is an outstanding media outlet for both economic and social news. It is a crucial piece of the jigsaw that will help Nation Group grow stronger, as well as build new communities within our media group under the One Nation policy,” said Shine.

He added that the Post Today editorial team is committed to producing high-quality news and analysis that help sharpen public debate and thinking, while adhering to the highest ethical and journalistic standards. “Their dedication is compatible with Nation Group’s ideology, and this is another reason behind the acquisition,” he said.

Post Today has over 4 million followers on its online platform while NewsClear has about 1 million. The acquisition is part of Nation Group’s “One Nation” policy to maximise synergy, under the principle of press freedom, among all its media, including Krungthep Turakij, Nation TV Channel 22, Kom Chad Luek, The Nation Thailand, Nation Online, Spring Online, ThaiNews, OKNation, The People, and Khob Sanam. The acquisition also highlights Nation Group’s position as one of Thailand’s oldest and largest media organisations.

THE NATION

PTG joins hands with CBS to open a coffee shop and convenience store in Chulalongkorn University

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PTG joins hands with CBS to open a coffee shop and convenience store in Chulalongkorn University

PTG joins hands with CBS to open a coffee shop and convenience store in Chulalongkorn University

MONDAY, SEPTEMBER 26, 2022

THE NATION

Aiming to promote students as future entrepreneurs under the concept of “The Real Business in The School”

PTG Energy Plc (PTG) on September 12 signed a Memorandum of Understanding (MoU) with Chulalongkorn Business School (CBS) to promote student education under the project “CGS Lounge by PTG”. 

PTG president and chief executive officer Pitak Ratchakitprakarn said that under the project, PTG and CBS will together open a coffeeshop “CBS Café by Punthai” and a convenience store “CBS Mart by Max Mart” in Chulalongkorn University, where students can learn how to build and manage a business from early steps until they become future entrepreneurs under the concept of “The Real Business in The School.”

PTG joins hands with CBS to open a coffee shop and convenience store in Chulalongkorn University

“The MoU signing and the opening of CBS Café by Punthai and CBS Mart by Max Mart are part of a pilot project between PTG and CBS that aims to maximise the learning efficiency in business administration among college students,” he said. “It also enables students to build their own businesses while studying and gain real-world experiences and skills that can be adapted to other industries in the future.”

The project also aligns with PTG’s policy in corporate social responsibility as the company has realised the importance of students who are the country’s future and is therefore committed to promoting their education and personnel development, added Pitak.

PTG joins hands with CBS to open a coffee shop and convenience store in Chulalongkorn University

PTG will be responsible for the opening and initial operation of the coffee shop and convenience store, while CBS will supervise all the administration of the stores.

Assoc. Prof. Dr Wilert Puriwat, Dean of Faculty of Commerce and Accountancy at Chulalongkorn University or Chulalongkorn Business School (CBS), added that this project will turn CBS into a real business in the school and allow students of the faculty to work as employees of Chula Business Enterprise. 

“This project will help students become familiar with working in the real world in all aspects, both online and offline. It also solves the issue that new graduates lack real-world working experience when they try to apply for a job,” he added.

PTG joins hands with CBS to open a coffee shop and convenience store in Chulalongkorn University

In the early stage of the project, PTG will support the opening of CBS Lounge, a learning space that also provides working experience. CBS Lounge comprises three parts: CBS Café sponsored by Punthai coffee, CBS Mart sponsored by PT Max Mart, and CBS coworking space which provide training in customer service for students. 

Students will not only learn how to make coffee or be a cashier at a convenience store but they will also be trained in all aspects of business administration in different capacities, such as online business executives, marketing managers and accountants.

PTG joins hands with CBS to open a coffee shop and convenience store in Chulalongkorn University

“The CBS Lounge uses Ed-Enterprise model in building a real business in the school to promote students’ learning as well as generate profit to support underprivileged students and other social charity projects,” said Wilert. “The project will serve as a model for business administration education in the digital era that creates a true digital social enterprise while allowing students to establish their own startups while they were studying. In the future, there will be more of this project in the faculty, which will further help prepare students to embark on a real-world career at their full potential.”

THE NATION

Thai exports in August mantain growth momentum

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https://www.nationthailand.com/thailand/economy/40020433

Thai exports in August mantain growth momentum

Thai exports in August mantain growth momentum

MONDAY, SEPTEMBER 26, 2022

THE NATION

Thailand’s exports in August expanded by 7.5 per cent year on year to 861.16 billion baht, the Commerce Ministry reported on Monday.

Meanwhile, trade value in the first eight months rose 11 per cent from the same period last year to 6.63 trillion baht.

In August, however, Thai export of agricultural products dropped 10.3 per cent to 77.08 billion baht.

The export of agro-industrial and industrial products expanded by 27.6 per cent and 9.9 per cent to 71.01 billion baht and 680.47 billion baht, respectively.

The Commerce Ministry expected Thailand’s exports to gain positive sentiment, especially the demand for foods which is expected to rise in the remainder of this year despite rising food prices.

“In addition, the weakening baht in response to many trade partner countries’ move to raise their policy interest rate also has helped Thailand maintain export competitiveness,” the ministry added.

THE NATION

India’s control on rice exports, new orders from Iraq a boon for Thai rice industry

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India’s control on rice exports, new orders from Iraq a boon for Thai rice industry

India’s control on rice exports, new orders from Iraq a boon for Thai rice industry

MONDAY, SEPTEMBER 26, 2022

THE NATION

India’s ban on broken rice export and increased tax on rice shipments, as well as the resumption of orders from Iraq have been a blessing for Thailand’s rice industry.

The Thai Rice Exporters Association said on Sunday that thanks to these developments, Thailand’s total rice exports could reach 8 million tonnes.

Chukiat Opaswong, the association’s honorary chairman, said India’s recent ban on the export of broken rice and imposition of a 20 per cent duty on shipments of white and brown rice could benefit Thailand as it would bring the price of Indian rice close to that of Thai rice.

“This will encourage customers to switch to Thai rice due to superior quality and on-time delivery,” he said.

Chukiat added that Indian white rice, which went for US$340 per tonne, now costs $390-$400 per tonne, while Thai white rice is priced at $420 per tonne.

He said India has imposed these measures to curb exports because rice harvests in the country have plummeted due to a severe drought and there may not be enough rice for domestic consumption.

The association had initially estimated Thailand’s total rice export this year at 7.5 million tonnes, up from 6.1 million tonnes in 2021.

“With India’s new measures in effect, we expect their rice export to drop to 17 million tonnes from 21 million tonnes recorded last year. This missing ratio will go to other exporters like Vietnam, Myanmar and Thailand,” he said.

India’s control on rice exports, new orders from Iraq a boon for Thai rice industry

“This could bring our rice exports this year up to 8 million tonnes worth approximately 150 billion baht.”

Chukiat said another factor contributing to the surge in rice export this year is that Iraq has resumed buying rice from Thailand since late last year. Iraq had banned the import of Thai rice for nearly nine years because it failed to meet standards.

“Thanks to the Commerce Ministry’s negotiations and continued marketing campaigns, Iraq is now importing as much as 100,000 tonnes of Thai rice monthly and will therefore contribute 1.2 million tonnes of total rice export this year,” Chukiat added.

As of August 20, Thailand has exported 5.35 million tonnes of rice worth 9.57 billion baht, up 46.46 per cent and 40.11 per cent year on year respectively.

THE NATION

Mission: Bring Nation back to Earth

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https://www.nationthailand.com/business/corporate/40020380

Mission: Bring Nation back to Earth

Mission: Bring Nation back to Earth

SATURDAY, SEPTEMBER 24, 2022

THE NATION

The story behind major changes at Nation Group, Thailand’s eminent media organisation, was revealed by vice chairman Adisak Limparungpattanakij at the Trusted Media Summit APAC 2022 event, held virtually on September 20-21.

The seminar was organised by Google News Initiative, Cofact (Thailand) and network partners after their recent public survey of trust in Thai media’s political reporting. The survey revealed that Bangkokians had highest trust in media when it came to news reporting and presentation techniques (score 3.42), but lowest trust when it came to transparency and professional ethics of journalists (2.91).

“Trusted media is the most valuable asset for the journalistic profession,” affirmed Adisak, executive committee vice chairman at Nation Group (Thailand). “However, it is also the asset that is hardest to maintain.”

During a “Lightning Talks” seminar, Adisak revealed the core mission to “bring The Nation back to earth” as well as outlining changes and challenges that have shaken up Nation Group and Thai society over the past few years.

Mission: Bring Nation back to Earth

“What severely damaged our credibility as journalists was allowing Nation TV news anchors and moderators to influence the editorial team,” said Adisak. “There was no filtering whatsoever on what was presented on Nation TV programmes during 2019-2020. Anchors and moderators selected whatever they liked, including one-sided information and fake news, and then persuaded the audience to agree with them.”

“It is as though Nation TV audiences were being hypnotised during those two years,” he added.

Adisak said the decline of audience trust and confidence in the company was the turning point that spurred major change within the organisation over the past few years.

“The voice of news consumers made us think about what we had done wrong that caused over 50 of our employees to resign at the same time,” said Adisak, clarifying that the mass resignation had happened before his return to Nation Group as a vice chairman.

“This incident was the beginning of our return to the ‘Nation Way’ – the way of professional media. Since then, we have embarked on a mission to restore trust among news consumers and external parties, as well as raise the morale of employees through communication,” he said.

Mission: Bring Nation back to Earth

Adisak said Nation Group had learned from this lesson that trustworthiness is the most important asset of a media organisation. It is the hardest asset to keep but is also of the greatest value to all journalists.

“Trust in your media output leads to you being trusted as an organisation. I constantly reiterate the message to all Nation Group employees: stay committed to this principle,” said Adisak.

THE NATION