Nation Group ties up with Zendai Foundation to bring help to remote communities

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https://www.nationthailand.com/business/corporate/40019742


The Nation Group joined up with Zendai Foundation recently to help communities living in remote districts of Phayao province under the “Nation x Zendai Sharing Project”.

Nation Group ties up with Zendai Foundation to bring help to remote communities

The project aims to promote education and strengthen communities, especially in remote parts of the country.

The project kicked off on Saturday, with volunteers from both sides delivering learning materials, sports equipment and apparel, chickens, solar-powered water pumps and streetlights to villagers in Phayao’s districts of Dok Kham Tai, Phu Kamyao, Pong, Chiang Kham and Phu Sang.

Volunteers delivered 350 chickens to villagers in Dok Kham Tai and Phu Kamyao, so they can be raised for eggs and children can be provided with nutritious meals.

Nation Group ties up with Zendai Foundation to bring help to remote communities

The learning materials, sports equipment and apparel were donated to two schools in Chiang Kham district. Sportscaster Bell Khobsanam was also present to offer football tips and techniques to school children.

Two solar-powered water pumps were delivered to villagers in Pong district to help irrigate more than 5,000 rai of farmland. The volunteers also installed solar-powered streetlights in Phu Sang district’s Don Moon village to boost traffic safety at night.

Nation Group ties up with Zendai Foundation to bring help to remote communities

Nation Group’s CEO Shine Bunnag said that apart from maintaining journalistic ethics, the group will also give underprivileged people easier access to education so they can better their quality of life.

“This goal aligns with that of Zendai Foundation, which has been working with communities in remote areas to address the lack of basic facilities. Hence, we are collaborating under the ‘Nation x Zendai Sharing’ project to achieve our shared goal,” he said.

Nation Group ties up with Zendai Foundation to bring help to remote communities

Phuwakorn Srinian, vice president of Zendai Foundation, said: “We began our humanitarian work during the Covid-19 crisis to ensure people in remote areas received necessary protection and treatment. We discovered that many areas still suffered disparity and lack of access to quality healthcare, education and career training.

“So, our group adopted the goal of eliminating this disparity through volunteer work and donations. Over the past year, more people have joined us to work for the betterment of our society.”

Nation Group plans to expand the “Nation x Zendai Sharing Project” to cover more remote communities in Thailand.

Nation Group ties up with Zendai Foundation to bring help to remote communities
Nation Group ties up with Zendai Foundation to bring help to remote communities
Nation Group ties up with Zendai Foundation to bring help to remote communities

Published : September 05, 2022

By : THE NATION

Taiwan Excellence Presents: Driving a New Revolution with Thailand in Smart Manufacturing

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https://www.nationthailand.com/business/corporate/40019737


Taiwan is one of the most important global machine tool suppliers, with an annual production value of over US$3 billion, ranking No. 5 in exports and No. 7 in manufacturing around the world. At the same time, Thailand is known for its industrial strength in automotive engineering and has a huge demand for machine tools. Taiwan’s machine tool companies specialize in various customized, automated, and intelligent machine tool manufacturing, making them a partner that can revolutionize industrial processes.

Taiwan Excellence Presents: Driving a New Revolution with Thailand in Smart Manufacturing

In order to promote further cooperation between Thailand and Taiwan in the field of Smart Manufacturing, the Bureau of Foreign Trade (BOFT) Taiwan, R.O.C., and the Taiwan External Trade Development Council (TAITRA) invited Taiwan Excellence award-winning companies including Chin Fong, Da Jie, Jainnher, and Tongtai to demonstrate their intelligent manufacturing solutions in the “Taiwan Excellence Driving a New Revolution in Smart Manufacturing Webinar” on September 1, 2022, at 10:00 a.m. (GMT+7). 

Mr. Wen-Hsien Hsu, Chairman of the Taiwan Machine Tool & Accessory Builders’ Association delivered the welcome remarks.Mr. Wen-Hsien Hsu, Chairman of the Taiwan Machine Tool & Accessory Builders’ Association delivered the welcome remarks.

Mr. Wen-Hsien Hsu, Chairman of the Taiwan Machine Tool & Accessory Builders’ Association, stated in the opening remarks that Taiwan has an advanced information and communication industry with extensive software and hardware integration capabilities, allowing Taiwan to quickly introduce smart elements to machine tool products. This means that Taiwan has the mobility and flexibility to produce high precision, high-tech and high value-added products at a competitive price to meet the needs of global buyers. In addition, Taiwanese companies are not only starting from the design end by introducing lightweight design, cutting edge materials and processes, but are also adjusting the manufacturing end to reduce waste and carbon emissions through green manufacturing, helping the supply chain to realize sustainable value.
 

Eric Lin, Regional Sales Manager of Chin Fong Machine Industrial Co. Ltd. presented its latest model, the ST1 Straight Side Single Crank Press, which perfectly combines the features of traditional presses and optimizes the structural design and side opening, making it ideally suited to automated production. Its C-frame structure is optimized to a straight column type which improves rigidity and accuracy, while also extending the tool’s life. Additionally, Mr. Lin introduced the iForming System, a framework connecting the press machine’s cloud with users’ smartphones/computers, which not only enables remote monitoring, but also gets maintenance notices in advance to avoid machine shut-downs.  

Eric Lin, Regional Sales Manager for Chin Fong Machine Industrial Co. Ltd. presented on the subject of “Intelligent Forming Press”.Eric Lin, Regional Sales Manager for Chin Fong Machine Industrial Co. Ltd. presented on the subject of “Intelligent Forming Press”.

Crystal Sung, Senior Sales Specialist for DA JIE ELECTRICITY MACHINERY INDUSTRIAL CO., LTD., introduced the New Generation High-efficient Power-saving Inverter Heating Machine for Equalizing Bar (DJ-W3600VI), which complies with EU RoHS international certification. It is suitable for general purpose automobile steel, and can heat the steel to 950 degrees within just one minute, which is ten times faster than competing products. The mold-changing and heating design provides customers with both great strength and precision. Moreover, it increases productivity by 40%, while saving 54% of power in automated and intelligent production lines.

Crystal Sung, Senior Sales Specialist for DA JIE ELECTRICITY MACHINERY INDUSTRIAL CO., LTD. spoke on the topic of “Inverter Heating Machine for Equalizing Bar”.Crystal Sung, Senior Sales Specialist for DA JIE ELECTRICITY MACHINERY INDUSTRIAL CO., LTD. spoke on the topic of “Inverter Heating Machine for Equalizing Bar”.
 

Herbert Qiu, Oversea Sales Engineer for JAINNHER MACHINE CO., LTD., presented the Centerless Grinder (JHC-12, 18, 20, 24) which is mainly used for manufacturing automobile and motorcycle parts, round bars, and mold parts. The machine is equipped with an NC/CNC digital control system which improves production efficiency. He also introduced the Thread Grinding Machine (JHT-4010CNC) which is mostly used to manufacture high precision parts. It achieves dimension accuracy within 0.002 mm. and is equipped with an NC/CNC numerical model making it compatible with various robot arms, thereby enabling automation.     

Herbert Qiu, Oversea Sales Engineer for JAINNHER MACHINE CO., LTD. presented on the subject of “Focus on Smart Manufacturing: Let Jainnher Provide the Most Suitable Precision Grinding Solutions for Your Industry”.Herbert Qiu, Oversea Sales Engineer for JAINNHER MACHINE CO., LTD. presented on the subject of “Focus on Smart Manufacturing: Let Jainnher Provide the Most Suitable Precision Grinding Solutions for Your Industry”.

Shirley Wang, Sales Representative from Tongtai Machine & Tool Co., Ltd., stated that the TD series (Multi-Tasking Turning Center) is highly recommended to manufacturers who have machining and turning needs. The turning centers save not only floor space, but also increase the machining efficiency and precision. Their advantages include a single power turret for the turning and milling process, a 75-degree lathe structure enabling good chip removal and controllability and low machine gravity center, allowing the overall structure to have good rigidity. Lastly, the X/Y/Z-axis are orthogonal to each other, ensuring exact straightness and positioning accuracy.

Shirley Wang, Sales Representative from Tongtai Machine & Tool Co., Ltd., focused on the topic of “Make a Move to Intelligent Manufacturing”.Shirley Wang, Sales Representative from Tongtai Machine & Tool Co., Ltd., focused on the topic of “Make a Move to Intelligent Manufacturing”.

The webinar attracted about 90 people who registered online, including professional mechanical media, such as Manufacturing Review and M Report, and mainstream media, such as Bangkok Post, Khaosod, and Matichon and well-known companies such as CP All. People who are interested in more of Taiwan’s smart manufacturing solutions are welcome to visit Taiwan Excellence’s Digital Pavilion (https://world.taiwanexcellence.org/en).

●    Please click on the following link to watch the “Taiwan Excellence Driving a New Revolution in Smart Manufacturing Webinar” if you missed it: https://www.youtube.com/watch?v=V816WxL2S3o
●    For further details about the Taiwanese companies in attendance, please visit the following link: https://sites.google.com/view/smart-manufacture/home 
●    To fill out the post-event survey questionnaire: https://reurl.cc/xQLgG1
●    For more information, please visit Taiwan Excellence’s website: https://www.taiwanexcellence.org/tw
●    Should you require any further details, please email: chou@taitra.org.tw or demhaeid@taitra.org.tw
●    For more information, please contact the Taiwan Trade Center, Bangkok (TAITRA) via telephone +66(2)6514470 or email: bangkok@taitra.org.tw 
 

Published : September 05, 2022

By : THE NATION

Bitkub Chain wins 1st prize in Technology Award: Blockchain at Thailand ICT Awards (TICTA) 2022 contest

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https://www.nationthailand.com/business/corporate/40019728


Bangkok, September 3, 2022 – Bitkub Chain, the blockchain network developed by Bitkub Blockchain Technology, aiming to be the digital infrastructure for both public and private sectors, achieved the 1st prize in Technology Awards Category (Blockchain) and the 2nd prize in Consumer Category at the Thailand ICT Awards (TICTA) 2022 contest.

Bitkub Chain wins 1st prize in Technology Award: Blockchain at Thailand ICT Awards (TICTA) 2022 contest

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

Bitkub Chain achieved awards in two categories as follows:

1. Technology Awards Category (Blockchain): First prize. This category covers blockchain with focus on online transaction network and shared, immutable ledger that facilitates the process of recording transactions and tracking digital assets.

2. Consumer Category: Second prize. This category covers digital product and services directly related to customers such as entertainment, tourism, welcome service, logistic, banking and finance.

Bitkub Chain will be the representative for Thailand’s blockchain infrastructure to compete in the next stage at the “Asia Pacific ICT Awards 2022”. With regards to the vision, Bitkub Chain thrives to be the digital infrastructure for mass adoption in Thailand that provides utility globally and democratizes opportunities for everyone.

Follow for more news and updates on Bitkub Chain 

Website: https://www.bitkubchain.com/ 
Facebook: https://www.facebook.com/bitkubchainofficial 
Twitter: https://twitter.com/bitkubchain 
Discord: https://discord.gg/WkJ6j279
Telegram (Community Discussion): https://t.me/BitkubChainOfficial
Telegram (Important Update): https://t.me/+jiM6dAP5cxUzZTM1

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

#BitkubBlockchainTechnology #BitkubChain #BitkubNEXT #Blockchain #TICTA2022

Published : September 04, 2022

‘One Bangkok’ and SCG embrace circular economy principles for ambitious property development project

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https://www.nationthailand.com/business/corporate/40019584


A 120-billion-baht mega-project, “One Bangkok”, will be the first large-scale property development project in central Bangkok that features new design standard and follows sustainable construction practices under the concept of circular economy.

'One Bangkok' and SCG embrace circular economy principles for ambitious property development project

The 104-rai (16.64 hectares) project is coming up on the corner of Wireless and Rama IV roads, co-developed by Frasers Property Limited in collaboration with the country’s leading construction material conglomerate, Siam Cement Group (SCG). The project aims to create premium office buildings, hotels and retail spaces as well as luxurious residential buildings with combined usable area of 166,400 square metres.

Both companies recently signed a memorandum of understanding (MoU) to manage the project using sustainable construction practices under the circular economy principles in four aspects: Use of precast walls made from recycled concrete from foundation piles, use of Q-CON sound barriers made from recycled lightweight bricks, waste management in the construction site, and turning food waste into fertiliser.

The MoU aims to reduce the use of resources and manage the waste created by the construction and building maintenance, a challenging task in a large-scale construction project in urban areas. Both Frasers Property and SCG hope that their cooperation will help raise construction industry standards in terms of sustainability that can be applied to projects of any scale.

'One Bangkok' and SCG embrace circular economy principles for ambitious property development project

Panote Sirivadhanabhakdi, Group Chief Executive Officer of Frasers Property Limited, said: “One Bangkok is a masterpiece project of Frasers Property that strives to set a new standard in design and sustainability for Thailand’s property landscape. We have been working with SCG, our strategic partner in creating value to the project by laying a groundwork for sustainable construction under the circular economy principles.”

“This endeavour is in line with Frasers Property’s goal of achieving net zero carbon emission target within the year 2050 under the company’s sustainability policy,” he said.

'One Bangkok' and SCG embrace circular economy principles for ambitious property development project

“Frasers Property is committed to driving the industry forward by integrating environmentally friendly practices and social responsibility into our value chain that covers investment, design, development, and operation of our property projects. We aim to achieve efficient usage of energy and resources while using modern techniques and tools to tackle energy- and environment-related problems,” he added.

Nithi Patarachoke, president of SCG’s cement-building materials business, said: “The expansion of the construction business in Thailand has resulted in increasing amount of waste materials. As a leading manufacturer and distributor of building materials, SCG is implementing the circular economy principles by developing new products and services that help minimise construction waste. For example, we have come up with a new concrete mix formula to manufacture ready-to-use concrete sheet from leftover concrete from construction sites.”

“Under SCG’s holistic construction waste management plan, we believe that the One Bangkok project can help raise the standard of the construction industry to be more environmentally friendly by becoming the ‘Green Construction’. This will help promote the sustainable development of Thailand’s infrastructure in the future, due to the simple concept of ‘turning waste to value’,” he added.

'One Bangkok' and SCG embrace circular economy principles for ambitious property development project

The MoU signed by Frasers Property and SCG covers four aspects of sustainable construction management:

▶︎ Using scrap concrete from cutting foundation piles to manufacture precast walls for use in the One Bangkok project 

The move aims to reduce waste and dust particles from the construction site by implementing a new crushing technique on foundation piles’ caps that will allow the scrap concrete to be recycled into precast walls to be installed as the external wall of buildings in the One Bangkok project.

▶︎ Holistic construction-waste management plan

Frasers Property has assigned SCG to be responsible for the sorting and management of wastes from the construction site of One Bangkok, including construction waste, toxic waste and food waste from the start of the project. SCG will use the latest technology to track the amount of waste in real time to plan a waste management strategy accordingly and ensure efficient waste management throughout the construction site.

▶︎ Use of leftover lightweight bricks to manufacture Q-CON sound barriers

SCG will use aggregating machines to turn leftover lightweight bricks into a mixture to manufacture Q-CON sound barriers to be fitted at the tunnel wall leading to One Bangkok’s entrance. This will be Thailand’s first commercial-scale use of recycled concrete waste to make Q-CON sound barriers.

▶︎ Use of food waste composter machine to turn food waste into fertiliser 

The One Bangkok project will install food-waste composters that are widely used by leading establishments worldwide to turn food waste into soil fertiliser for the project’s gardens and parks. These composters operate in a closed-circuit system to minimise unwanted odour and can decompose food waste into fertiliser in 10 hours. The finished fertiliser has been tested for safety, is free of germs and contains necessary minerals as per the Department of Agriculture’s requirements. In the early phase, the composters will be used mainly to manage food waste from construction camps, while later when the project finishes, they will be installed throughout the project areas.

To emphasise its commitment to becoming an environmentally friendly and socially responsible project, One Bangkok will also join the Thailand Sustainability Expo 2022, which will be held at the Queen Sirikit National Convention Centre in Bangkok from September 26 to October 2. Organised under the concept of “Sufficiency for Sustainability”, the expo will feature exhibitions, seminar sessions on sustainability, showcases of world-class innovations for society and the environment, as well as a variety of activities.

One Bangkok is a 120-billion-baht fully-integrated district and Thailand’s largest private property development project, comprising five premium office buildings, five luxury and lifestyle hotels, three luxury residential towers, four interconnected retail precincts, and art and cultural hubs located on a 104-rai (16.7-hectare) plot at the corner of Wireless Road and Rama IV Road.

One Bangkok aims to achieve Thailand’s first LEED for Neighbourhood Development Platinum standard. Additionally, all five premium office towers and a residential tower will be built to WELL Platinum standards, setting a new benchmark for green and sustainable developments for Thailand.

The first phase is scheduled for opening in the last quarter of 2023 with full completion in 2026.

Published : September 04, 2022

By : THE NATION

1112 Delivery app offers best price guarantee to combat food crisis

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https://www.nationthailand.com/business/econ/40019763


Minor Food’s 1112 Delivery app has launched a best-price guarantee to combat the cost-of-living crisis, forecasting a 30 per cent growth in sales.

1112 Delivery app offers best price guarantee to combat food crisis

The company expects the delivery market to grow further this year despite the return of restaurant dine-in services after Covid-19, Minor Food Group CEO Thunyachate Ekvetchavit said on Monday.

1112 Delivery app offers best price guarantee to combat food crisis

Patt Pongwittayapipat, general manager of 1112 Delivery, said the app’s business was expected to grow 56 per cent this year and 50 per cent next year. The service currently has 2.5 million downloads across 75 provinces, he added.

1112 Delivery app offers best price guarantee to combat food crisis

The “Best Price Guarantee” campaign is designed to boost the app’s growth by appealing to customers burdened by rising living costs.

1112 Delivery app offers best price guarantee to combat food crisis

“We are the first and only delivery company in Thailand where customers can be confident of getting the best price when they order food,” Patt said.

1112 Delivery app offers best price guarantee to combat food crisis

“If the same food item is discovered cheaper on another platform, the customer will get a discount of up to 100 baht on their next 1112 Delivery,” he added.

1112 Delivery covers seven brands operated by Minor Food – The Pizza Company, Bon Chon, Sizzler, Burger King, Swensen’s, Dairy Queen and The Coffee Club – alongside partner brands such as S&P, Urban Pizza, BreadTalk, Song Fa, Sergeant Kitchen and Esan Zaap Zaap.

1112 Delivery app offers best price guarantee to combat food crisisThe price-guarantee campaign will run from tomorrow to October 5.

Published : September 05, 2022

By : THE NATION

DTAC sees mobility data harvesting as boon for tourism

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https://www.nationthailand.com/business/econ/40019764


Mobility data is a key secret to long-term recovery and boosting Thailand’s tourism industry following the Covid-19 pandemic, says a joint research by DTAC, ONDE, Chula, and Boonmee Lab.

DTAC sees mobility data harvesting as boon for tourism

Sharad Mehtora, CEO of Total Access Communication Plc (DTAC), told a press conference on Monday that the mobile operator’s data harvesting will unlock the country’s data-driven economy strategy.

It demonstrates how mobility data is used for public policymaking and addressing various social challenges, in this case, Thailand’s tourism, which he describes as “one of the core engines driving our economy”.

DTAC sees mobility data harvesting as boon for tourism

He pointed out that there are several advantages to managing and exploring mobility data. It provides timely human context to other data and insight, as well as measures consumer activity over time, allowing analysts to respond to and predict trends with accuracy.

“With this insight data, it means that all parties in the tourism industry can seize an opportunity to reset their businesses in order to increase their strength, attract more tourists, and find more methods to create resilience and sustainable tourism,” Mehrotra explained.
 

DTAC has collaborated with the National Digital Economy and Society Commission (ONDE), Chulalongkorn University, and Boonmee Lab to conduct a study of tourist behaviour from June 2020 to October 2021, using mobility data supported by DTAC, focusing on secondary provinces area.

It found that 6.4 million trips happened during that period. Some 67 per cent stayed at destinations overnight, while 35 per cent were day travellers.

DTAC sees mobility data harvesting as boon for tourism

Nattapong Punnoi, head of the Urban and Regional Planning Department at Chulalongkorn University’s Faculty of Architecture, said that this in-depth data not only shows where people prefer to travel, but also how they travel, the time they spend there, and which local events or festivals they prefer to stay overnight and attend.

The findings also prompted the research team to develop three key policy recommendations for secondary province tourism promotion: micro-tourism, experience-based overnight tourism, and tourism clusters.

Micro-tourism will encourage local SME operators to create and integrate tourism activities into the production process of goods and services. Their target tourists are nearby neighbourhoods.

Overnight tourism based on experience aims to increase overnight stays, and a tourism cluster is a group of highlighted tourism attractions within a limited geographic space that is equipped with high-quality equipment and services.

DTAC sees mobility data harvesting as boon for tourismNattapong noted that each of the 55 secondary provinces has its own strengths and potential to lure more tourists. They need to be able to access this type of data in order to understand how tourists behave while spending time in each province so that they can plan and add more services and activities to make it more appealing to visit there.

“Mobile data lets you know who you are, what you have, and how to use what you already have to gain benefits; it is a cost-effective investment; it is a low-investment but high-impact return,” Nattapong said.

He expected that more joint research into the use of mobility data would be conducted in order to find the best solutions to other social and economic issues.

ONDE’s secretary-general, Putchapong Nodthaisong, said that data is the foundation of the digital economy. Data in digital form provides numerous benefits that allow the government to address social issues more effectively, such as water irrigation, city road traffic, and disaster management.

DTAC’s head of communications and sustainability, On-uma Rerkpattanapipat, said that the study was conducted because DTAC wants to find the best way to use data to benefit more than 10 million users in their database.

She insisted that all data would be used strictly under personal data protection in accordance with the Personal Data Protection Act.

The full report of the study will be published in October, she added.

Mobility data will assist researchers in fully understanding tourist movement patterns and concentration, advancing academic research methodology and finding solutions to other challenges, Mehrotra said.

Published : September 05, 2022

Thailand to start collecting entry fee from foreign tourists early next year

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https://www.nationthailand.com/business/econ/40019753


Tourism and Sports Minister Pipat Ratchakitprakan said on Monday that the Cabinet may be requested in October to approve collection of entry fees from foreign tourists, expected to be implemented early next year.

Thailand to start collecting entry fee from foreign tourists early next year

Pipat said the Naresuan University is studying the appropriate entry fee rate for foreign tourists arriving by land and the study should be done within this month.

“Then, the entry fee rates will be submitted to the Cabinet for approval in October,” Pipat said.

“Once approved, the rates will have to be published in the Royal Gazette and they will take effect 90 days later.”

Pipat said the enforcement of entry fee rates on foreign tourists will take effect early next year.

“I see it’s appropriate to start collecting entry fees in early 2023 because it would still be in the high tourism season,” Pipat said.

The National Tourism Policy Committee approved the Tourism and Sports Ministry’s proposal to collect a 300-baht fee from every tourist entering the country in January.

But Pipat later said it would not be fair to use the same rate for tourists who arrive by different modes of transport, so he had assigned the university to study the appropriate rate to be collected from tourists arriving by land.

Pipat said on Monday that tourists who arrive by land tend to stay for a shorter duration than those arriving by air.

He said the entry fee would be used to buy insurance for foreign tourists so that the government would not have to solely shoulder costs of treatments of foreign tourists injured in accidents.

He revelaed that the government spent about 300 million to 400 million baht each year for treating injured foreign tourists before the Covid pandemic.

Published : September 05, 2022

By : THE NATION

AOT to start managing Udon Thani, Buri Ram, Krabi airports from 2023

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https://www.nationthailand.com/business/econ/40019746


Udon Thani, Buri Ram and Krabi airports will be put under the jurisdiction of Airports of Thailand (AOT) from early next year, Transport Minister Saksayam Chidchob said on Monday.

AOT to start managing Udon Thani, Buri Ram, Krabi airports from 2023

He said the Cabinet had agreed in principle on August 30 to shift the management of the three airports from the ministry’s Department of Airports to AOT as of 2023.

Saksayam added that the Transport Ministry will consider the Finance Ministry’s opinions on transferring the airports’ management before it submits a final report to the Cabinet.

Airports of Thailand Plc is a public company with the Finance Ministry as its major shareholder.

“Basically, Airports of Thailand will manage the three airports,” the minister announced.

However, he said, the three airports will remain the property of the Treasury Department, while AOT will only be licensed to manage and use them for commercial purposes.

Before taking over, AOT is expected to deposit the value of all moveable assets in the three airports in the Department of Airports’ revolving fund, which will finance the management of other airports, Saksayam said.

He added that AOT has yet to come up with an operation plan for the three airports that is in line with the law and takes public interest into account.

Saksayam added that he has instructed AOT to come up with ways of directing passengers to other airports to prevent congestion in Bangkok’s Suvarnabhumi and Don Mueang airports.

“For instance, all domestic flights do not have to take off from Don Mueang Airport. New routes like Korat-Hua Hin or Korat-Chiang Mai can also be introduced,” he said.

A source from the Transport Ministry said AOT is planning to spend 3.52 billion baht to develop Udon Thani airport and has earmarked 460 million baht for Buri Ram airport.

The development budget for Krabi airport will be 5.22 billion baht if signs indicate that Phang Nga airport can start operating by 2031. If not, then the budget for Krabi airport will be increased to 6.49 billion baht, the source added.

The three airports will be upgraded into regional airports before they are turned into secondary flight hubs in the future, the source added.

Published : September 05, 2022

By : THE NATION

Risk-off market may make baht fluctuate, even weaken

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https://www.nationthailand.com/business/econ/40019734


The baht opened at 36.72 to the US dollar on Monday, strengthening from Friday’s close of 36.74.

Risk-off market may make baht fluctuate, even weaken

The Thai currency will likely move between 36.65 and 36.85 against the greenback during the day and between 36.35 and 36.95 during the week, Krungthai market strategist Poon Panichpibool predicted.

He added that the baht might fluctuate and weaken as the market is in a risk-off state. The baht might also strengthen from a bearish divergence technical sign soon, he said and suggested monitoring foreign investors’ transactions and gold prices.

Meanwhile, the dollar could fluctuate and swing sideways due to demand for safe-haven assets.

He said that if the European Central Bank increases the interest rate and sends a signal to increase it continuously, it might support the euro and pressure the dollar.

The strategist advised investors to use hedging tools such as options to manage risks in a highly volatile currency market.

In the previous week, investors were in a risk-off state due to concerns that the US Federal Reserve might increase the interest rate, the lockdown measure in China and the energy crisis in Europe.

He said the market is waiting for the result of the European Central Bank’s meeting this week and a statement from the Fed’s chair or officials, to predict the direction of the monetary policy of central banks.

Published : September 05, 2022

By : THE NATION

Gender equality can not wait 132 Years : Mary Kay

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https://www.nationthailand.com/business/pr-news/40019724


Below is a statement by Julia A. Simon, Chief Legal and Chief Diversity & Inclusion Officer, Mary Kay Inc., on the release of the 2022 World Economic Forum’s Global Gender Gap Report.

Gender equality can not wait 132 Years : Mary Kay

According to a sobering finding from the World Economic Forum’s 2022 Global Gender Gap Report, gender parity is beyond reach in our lifetime. In fact, it will take 132 years for gender equality to become a reality and 151 years to close the economic participation and opportunity gender gap.

Not a single country from the 146 examined has reached parity.

That’s the bad news.

The good news? There’s still time to change all that. The 2022 findings have shaken me, but they have not deterred me. Nor should they deter you.

Gender equality is a prerequisite not only for human development—but sustainable economic growth. A rich body of data shows that without gender parity it is impossible to reduce poverty, attain food security, address climate impacts, or ensure a more peaceful and inclusive society. Gender parity isn’t a “nice to have.”

It’s also not just a perk of developed nations. It is an essential requirement for all countries to develop and prosper.

To mitigate further backsliding, the structural barriers limiting women’s labour market participation, including their re-entry and retention in the workforce following Covid-19, must be addressed.

Targeted policies which support women’s talent development in the industries of the future, and which accelerate their advancement to leadership and management positions, are also needed.

The private sector has a critical role to play in addressing gender gaps in the workplace and in developing the pipeline of women for leadership positions.

As a company founded by a barrier-breaking businesswoman almost 60 years ago, this is personal to Mary Kay.

In 2019, Mary Kay signed the Women’s Empowerment Principles (WEPs) and in 2021 the company became a Commitment Maker to the Generation Equality Forum Action Coalitions to accelerate progress on gender equality to advance the Sustainable Development Goals.

Mary Kay is participating in the 2022-2023 UN Global Compact Target Gender Equality accelerator programme to continue the implementation of ambitious corporate targets for women’s representation and leadership in the company and in our supply chain.

Leading by example and reflecting our belief in increased women’s inclusion, Mary Kay is putting our values and commitments into action:

Women’s Representation and Leadership at Mary Kay (Data from August 2022):

62% of our Global Workforce are Women
50% of our Executive Team are Women
53% of our Vice Presidents and above are Women
57% of our Directors and above are Women
59% of our Managers and above are Women
70% of our Market Leaders are Women
60% of our Leaders in our Top 10 Markets are Women

Gender-Responsive Procurement & Supplier Diversity at Mary Kay (U.S. only supply chain data from February 2021):

66% of our Procurement Team are Women
12% of our Indirect Suppliers are Women, Minority or Veteran-Owned
5% of our Direct Suppliers are Women, Minority or Veteran-Owned
Our 10-year Sustainability Strategy, titled Enriching Lives Today for a Sustainable Tomorrow, pursues a holistic approach to advancing gender equality and women’s empowerment with the following key commitments to achieve by 2030:

Economically empower 5 million women worldwide

Ensure access to education for 250,000 women and girls globally
Provide over 10 million women worldwide with gender-based violence support services, and

Develop a 10-year policy agenda to address women’s rights
Inspired by our mission as an entrepreneurship development company founded by a woman for women, we are committed to advancing women’s entrepreneurship and dismantling the barriers to women’s economic empowerment.

We brought this vision to the United Nations in 2019 and, together with 6 UN agencies, we incepted the Women’s Entrepreneurship Accelerator (WEA) to create an enabling ecosystem for women entrepreneurs.

The time to act is now. Sitting on the sidelines and waiting 132 years is simply not an option.

The Sustainable Development Impact Meeting on “Advancing Gender Equality”, which takes place in New York this month, is an opportunity for leaders from the public and private sectors to identify tools and strategies to close the gender gap.

We owe it to future generations to mobilize our efforts to make the transformative changes that are so badly needed for women and girls.

Published : September 04, 2022