GULF successfully issues THB 35 billion debentures

Posted on August 18, 2022 by SoClaimon

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https://www.nationthailand.com/business/corporate/40019053

Gulf Energy Development Public Company Limited (“GULF”) impressively issued THB 35 billion debentures in August 2022. The fully-subscribed debentures are testaments to investors’ confidence in GULF’s present performance as well as prospects. Such funding will ensure that GULF can smoothly proceed with its plan to expand its businesses both domestically and internationally.

GULF successfully issues THB 35 billion debentures

Ms. Yupapin Wangviwat, Chief Financial Officer, GULF, stated, “GULF’s offering of its unsubordinated and unsecured debentures was a huge success and the company raised THB 35 billion as planned. The strategy to split the transaction into 2 offerings within the same month was intentional with the aim to capture a variety of investor types and cater to the different needs of different investor groups. For this transaction, GULF offered the debentures not only to its existing investor base of institutional and high-net worth investors, but also to the general public for the first time, and the debentures were well received by all investors equally.”

Among the THB 35 billion raised, THB 11 billion was placed to institutional and high-net worth investors via book building at the end of July 2022 with subscription dates on August 2-4, 2022. The amount was split between 3 tranches i.e. 3-, 5-, and 10-year tenors with average coupon across all tranches of 3.57% per annum. The remaining THB 24 billion was placed via public offering on August 15-17, 2022 with the tenors of 4 years and 7 years and coupon rates of 3.50% and 3.90% per annum respectively. For each tenor of the public offering portion, investors can choose based on their own preference and convenience between the digital version of the debentures offered through Krung Thai Bank Public Company Limited’s “Pao Tang” Application or the “traditional” version which could be subscribed through 9 financial institutions; Bangkok Bank Public Company Limited, Bank of Ayudhya Public Company Limited, KASIKORNBANK Public Company Limited, The Siam Commercial Bank Public Company Limited, CIMB Thai Bank Public Company Limited, TMBThanachart Bank Public Company Limited, United Overseas Bank (Thai) Public Company Limited, Kiatnakin Phatra Securities Public Company Limited, and Maybank Securities (Thailand) Public Company Limited. The final subscription for digital bonds via Pao Tang was THB 3 billion, while traditional bonds was an immense amount of THB 21 billion.

The overwhelming demand was clear evidence of investors’ confidence in GULF’s strong performance and future growth potential in addition to its good credit rating for both the company and the debentures, which have been rated A (stable outlook) and A- respectively by TRIS Rating Co., Ltd. on June 21, 2022.

“We would like to thank all investors for their interests in GULF’s debentures. We also appreciated all 10 financial institutions who acted as joint-lead arrangers for their efforts in making this transaction such a success. After this, the company will continue to expand the business in Thailand and overseas to drive sustainable growth,” Ms. Yupapin concluded.

Published : August 18, 2022

By : THE NATION

Banpu firmly focused on green energy as net profit soars in first half

Posted on August 18, 2022 by SoClaimon

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https://www.nationthailand.com/business/corporate/40019027

Banpu, Thailand’s leading international energy provider, aims to green half of all energy businesses with a comprehensive energy portfolio that can grow despite volatility.

Banpu firmly focused on green energy as net profit soars in first half

Banpu’s chief executive officer, Somruedee Chaimongkol, said that due to the trend of increasing global energy consumption, electric power generation must be more environmentally friendly.

Banpu will be “Greener & Smarter”, with renewable energy generation and technology solutions accounting for more than half of the company’s earnings by 2025, Somruedee said.

The latest development was revealed during a press conference on the company’s first-half earnings on Wednesday. The company’s operational results showed record strong cash flow and net profit for the first half of 2022, with total sales revenue of US$3.029 billion, a 97 per cent increase over the same period last year.

Earnings before interest, tax, depreciation and amortisation (EBITDA) totalled $1.543 billion, a 165 per cent increase from the same period last year. Net profit rose to $682 million, up 634 per cent compared to the same period last year.

Somruedee said that the robust performance was driven by constantly growing energy demand and tight supply, coupled with the company’s continued expansion of its greener energy portfolio, such as a successful acquisition to expand natural gas production in the US and the collaboration with business partners to build a lithium-ion battery assembly plant to penetrate the electric vehicle market.

“In the year’s first half, we invested in natural gas and related midstream businesses in the United States. We also launched the Carbon Capture and Sequestration project at the Barnett Shale Gas asset in Texas, marking another important step towards improving sustainability in our production processes in line with ESG [environmental, social and governance] principles,” the Banpu CEO said.

Energy resource, energy generation and energy technology are key for Banpu group’s revenue.

The energy resources group, which includes mining and natural gas, performed well due to high global coal prices and rising gas demand. The energy generation group, which is involved in thermal power generation and renewable power generation, is expanding along with cost-controlling measures to manage volatile energy costs.

The energy technology group is now scaling up the portfolio with a focus on expanding product and service offerings to enhance the Banpu ecosystem. The major project is the collaboration with Durapower, a global leader in performance lithium battery storage solutions, and Cherdchai Motor Sales, the largest bus operator in Thailand, to set up lithium-ion battery assembly plant for e-Bus battery systems.

The partnership will capture the growing opportunity in EV markets across Asia-Pacific with a plan to expand its production capacity to 1 gigawatt per hour by 2026. Banpu has also expanded its customer base to Indonesia through its subsidiary in a solar rooftop project with total capacity of 7.27 megawatt peak.

Somruedee added that besides accelerating business growth through the Greener & Smarter strategy, Banpu is creating a new S-Curve by starting its investment portfolio into a US-based Healthcare Fund.

“We will continue to build a comprehensive energy ecosystem with our three main business groups to maintain our long-term strength while lessening the impact of external factors, such as market conditions, the global economy and the tension of international political situations, and keep us well-positioned to forge stable and sustainable growth,” Somruedee said.

Banpu Pcl is operating three core groups of businesses – energy resources, energy generation, and energy technology – in 10 countries: Thailand, Indonesia, China, Australia, Lao PDR, Mongolia, Singapore, Japan, the US and Vietnam.

As of June 30, Banpu’s total assets were worth $12.241 billion, an increase of $1.295 billion from December 31, 2021.

Published : August 18, 2022

By : Nongluck Ajanapanya

Covid-19 paves way for rapid growth of cloud computing

Posted on August 18, 2022 by SoClaimon

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https://www.nationthailand.com/business/corporate/40019026

Is our company in need of digital transformation? It’s a question businesses must address now because Covid-19 has encouraged mass migration to cloud computing, while artificial intelligence is in high demand to ensure competitiveness.

Covid-19 paves way for rapid growth of cloud computing

“Banking businesses are visible early adopters of digital transformation. But now many others have found that adopting digital transformation is no longer optional, but a must,” said Taveesak Saengthong, managing director of Oracle Corporation (Thailand) Co Ltd.

Taveesak cited as an example a family-run SME business that was having difficulty managing inventory. Management is an essential component of a well-functioning supply chain.

Excess inventory consumes capital and increases the risk of stock becoming obsolete, whereas insufficient inventory has a negative impact on customer service.

“The company is in the exporting business with dealers in different locations. During the Covid lockdown, they needed to manage inventory costs, but the stocks were all over the place,” he said.

Taveesak Saengthong, Managing Director of Oracle Corporation (Thailand) Co Ltd.

Oracle Corporation (Thailand) was founded in December 1990, and provides database, tool, and application products. The company has developed innovations for cloud computing that speed up migration, provide greater stability and performance for all applications, and provide customers with all the resources.

They provide cutting-edge cloud applications with many services, such as Oracle cloud infrastructure (IaaS), Oracle cloud applications (SaaS), Oracle cloud platform (PaaS), and Oracle data cloud (DaaS).

The impact of cloud computing on the global economy is growing. According to IT research and consultancy company Gartner, as the effects of Covid-19 linger and businesses look to lay a foundation for increased agility and resilience, cloud demand and adoption in the Asia Pacific are expected to surge.

Overall cloud spending in the region is expected to reach US$200 billion by 2024. Spending on cloud services in Thailand is expected to reach 40.8 billion baht in 2022, representing a 36.6 per cent increase year on year.

The company is the only brand in the market to offer developers and business users workloads that are seamless and that satisfy their server, storage, application, and network requirements, Taveesak said. Covid-19 paves way for rapid growth of cloud computing

With the cloud computing market expanding rapidly, vendors such as IBM, Google, Oracle, and Amazon have been catching up quickly.

Oracle has joined the market’s biggest players, which has also aided Oracle’s entry into the healthcare business. It has acquired Cerner, the developer of Electronic Health Record (EHR) software that is used to manage hospital patient data.

As one of the major developers of EHR in the market, Oracle plans to integrate its own Voice Digital Assistant with Cerner’s software to make it easy to use and give doctors quick access to patient data. It is also preparing to launch EHR software on the public cloud.

On January 27, 2010, Oracle Corporation completed its acquisition of Sun Microsystems, which had only been a software vendor prior to the merger. It now owns both of Sun’s hardware product lines, such as SPARC Enterprise, and Sun’s software product lines, including the Java programming language.

“Oracle usually acquires new businesses, literally every month in a year. The acquisition of Sun Microsystems helped support our enterprise systems. For example, a customer may take nine hours to run a system, which will now take only 1.4 hours. That means a huge cost-saving,” said Taveesak.

Oracle’s challenge is to provide its customers with specific technologies that enable them to achieve their commercial goals through their newly acquired abilities to use the cloud computing service, he said.

As a result of this encouragement and opportunity, Oracle customers have made a long-lasting positive impact on both industries and communities, he added.

According to Taveesak, retail is the Thai business sector that will use cloud computing the most. Oracle has volunteered to help businesses operate without worrying about investment due to the need to adapt to its customers in the new normal era.

Recently, CP Group decided to use AI by utilising Oracle’s cloud-based financial accounting system to manage corporate finances effectively in online shopping and in over 2,000 branches, including Lotus Malaysia.

In terms of sustainability, Oracle believes that it is at the heart of business operations, from managing natural resource uses to ensuring responsible supply chain practices and running global sustainable events.

Oracle cloud allows its customers to not only increase business value but also reduce their environmental impact, given the fact that cloud computing and AI are now related to sustainability requirements, he said.

The advantages of environmental, social, governance (ESG) programs can be extended throughout the organisation.

First, the company can save money by reducing waste.

Second, they can protect customers’ human rights and mental health.

Finally, when organisations have a diverse leadership supported by a strong governance framework, employee morale improves and it is easier to retain top talent, Taveesak added.

“Business partners must adhere to ESG standards. It is no longer something ‘nice to have’ or ‘optional to have’ going forward. The benchmark set by ESG is rising to a new level. AI and cloud computing will be vital in the evolution,” he predicted.

Published : August 17, 2022

By : Varunsuda Karunayadhaj

Investment in target industries expands in first half, but value drops YoY

Posted on August 18, 2022 by SoClaimon

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https://www.nationthailand.com/business/corporate/40019017

Thailand’s Board of Investment (BoI) announced on Wednesday that it had approved 784 projects by both domestic and foreign companies from January to June 2022, a 4 per cent increase year on year.

Investment in target industries expands in first half, but value drops YoY

However, the total investment value in the first six months dropped 42 per cent year on year to 219.7 billion baht.

BoI secretary-general Duangjai Asawachintachit attributed the significant drop in investment to power generating mega projects approved in 2021, which had contributed more than 75.7 billion in investment.

Duangjai said this year’s investments still show significant expansion especially in target industries such as electric vehicles and digital, which have received additional investment of 42.41 billion baht and 1.45 billion baht respectively, expanding 212 and 202 per cent year on year, respectively.

In the first half, the BoI approved 395 projects with foreign direct investment valued at 130.08 billion baht. Taiwan was responsible for the highest investment – 36.1 billion baht – most of which was in automotive and components manufacturing.

Duangjai also said 217 of the approved projects are located in the Eastern Economic Corridor, with total investment of 104.85 billion baht.

Rayong received the most investment – 85.5 billion baht – from 86 projects, followed by Chonburi (16.69 billion baht from 110 projects), and Chachoengsao (2.66 billion baht from 21 projects).

This year the BoI has added four industries in the high technology category, in which approved operators will receive promotional benefits such as corporate tax exemption for 5-8 years.

They are manufacturing of high-precision machines and parts, high precision machine repairs, additive manufacturing of 3D metal printing, and manufacturing of micro technology products.

The board has also adjusted its requirement for investment projects that need to submit a feasibility study – from an investment value of 750 million baht to 2 billion baht – which will help reduce the burden on smaller investors when they prepare application documents.

Published : August 17, 2022

By : THE NATION

Baht might fluctuate, weaken on gold purchases, share sales: market strategist

Posted on August 18, 2022 by SoClaimon

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https://www.nationthailand.com/business/econ/40019037

The baht opened at 35.47 to the US dollar on Thursday, weakening from Wednesday’s close of 35.42.

Baht might fluctuate, weaken on gold purchases, share sales: market strategist

The currency is expected to move between 35.35 and 35.55 during the day, Krungthai Bank market strategist Poon Panichpibool predicted.

He said the baht might fluctuate and weaken as the dollar strengthens and investors wait to purchase gold as the price heads down.

Moreover, foreign investors might sell their Thai shares with the stock index rising. And if the currency market descends into a risk-off state again, this might pressure the baht to weaken, Poon pointed out.

However, he said the Thai currency will not weaken much as investors await new market factors while exporters aim to sell the baht when it touches 35.50-35.60 to the dollar. So the baht will not weaken past this level during the period, Poon believes.

Published : August 18, 2022

By : THE NATION

State agency promotes growing economic trees to serve as loan collateral

Posted on August 18, 2022 by SoClaimon

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https://www.nationthailand.com/business/econ/40019009

A senior Business Development Department official visited Ubon Ratchathani province to promote growing of economic trees that could be used as collateral to obtain bank loans.

State agency promotes growing economic trees to serve as loan collateral

Raweephan Changyencham, deputy director-general of Business Development Department, visited Ban Bua Thoeng village in Tambon Tha Chang in Sawang Wirawong district, and said the goal of her visit was to help farmers and members of community enterprises benefit from the business collateral act.

Raweephan said she would encourage farmers in the province to grow economic trees as a means of creating sustainable income for the family and communities.

She said her department had joined hands with the Ubon Ratchathani commerce office, the Bank for Agriculture and Agricultural Cooperatives (BAAC) and the Forestry Department to educate local farmers on how to use their economic trees on their farmlands as collateral to obtain bank loans.

Raweephan said her department wanted to help farmers and community enterprises access funds.

She said some 70 farmers and members of community enterprises took part in the seminar, titled “Economic trees as business guarantees”. She added that the participants were excited and wanted to know more details on how to use economic trees as collateral.

The government published a directive in the Royal Gazette on November 5, 2018 allowing the use of economic trees as loan collateral.

As of August 16, a total of 146,282 economic trees were used to obtain loans worth 137 million baht – 128 million baht (23,000 trees) from Krung Thai Bank, 3 million baht (318 trees) from BAAC and 6 million baht (122,964 trees) from micro finance firms.

Published : August 17, 2022

By : THE NATION

SCB and Siriraj ink MOU on learning and training course for Siriraj personnel

Posted on August 17, 2022 by SoClaimon

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https://www.nationthailand.com/business/pr-news/40019008

Siam Commercial Bank (SCB) and the Faculty of Medicine Siriraj Hospital, Mahidol University (Siriraj) recently signed a memorandum of understanding (MOU) to support Siriraj with training courses for Siriraj executives and personnel developed with the expertise of the SCB Academy.

SCB and Siriraj ink MOU on learning and training course for Siriraj personnel

To promote knowledge and skill development focusing on enhancing the potential of Siriraj executives and personnel and enabling the organization to adapt to rapid changes, the SCB Academy will offer the following 3 main training courses for different groups of personnel:

Foundation courses for supervisors to develop their power skills and the mindset required for working in a digital generation.

An Executive Program for Siriraj executives to lead changes toward exponential growth.

Lean Evangelist for Siriraj: a Train-the-Trainer course for lean personnel to learn about principles, techniques and tools for lean instructors, with a focus on building knowledge and capabilities as a lean trainer and evangelist to peers within an organization.

The Dean of the Faculty of Medicine Siriraj Hospital, Mahidol University, Prof. Dr. Prasit Watanapa; Deputy Dean of Human Resource, the Faculty of Medicine Siriraj Hospital, Mahidol University, Prof. Suroj Supavekin; SCB Senior Executive Vice President, Chief Wholesale Banking Officer and Chief Wealth Banking Officer Yunyong Thaicharoen; and SCB First Executive Vice President and Head of SCB Academy Worawat Suvagondha recently attended the memorandum signing ceremony.

Published : August 17, 2022

Thailand to host the Fifth APEC Meeting of Ministers Responsible for Forestry (MMRF5) to bring about sustainable forest resource management

Posted on August 17, 2022 by SoClaimon

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https://www.nationthailand.com/pr-news/business/pr-news/40018992

The Royal Forest Department ensures of the conference’s success.

Thailand to host the Fifth APEC Meeting of Ministers Responsible for Forestry (MMRF5) to bring about sustainable forest resource management

Ministry of Natural Resources and Environment (MNRE) is opening a new page of history by being entrusted to host the 5th APEC Meeting of Ministers Responsible for Forestry (MMRF5) on August 23-25 in Chiang Mai, Thailand. This MMRF5 will be the first time for Thailand to host the ministerial level in forestry sector by following the last MMRF4 which was hosted by Republic of Korea in 2017. The MMRF is a forum to strengthen technical cooperation to achieve sustainable forest management as well as combating climate change effect among members of APEC.

“The MMRF forum serves as an important platform to establish cooperation in tackling problems seriously, for our generation and the next,” MNRE permanent-secretary Jatuporn Buruspat said.

Thailand will take the opportunity at the forum to call on and encourage APEC members to overcome any conflicts that may occur through cooperate, promote, and develop initiatives by highlighting three “If” scenarios: 1) “Business-as-usual” which under the current trend is still beset by numerous problems that need to be solved, 2) “Aspiration” which calls on all APEC members to set milestones as a reference point to achieve targets such as the Sustainable Development Goals under the Paris Agreement on Climate Change and acting accordingly to produce concrete results and, 3) to trigger “Disruptive” with expected environmental catastrophic changes if doing nothing.

Meanwhile, Jatuporn noted that Minister Varawut Silpa-archa intends to put forward the concept of the Thailand’s initiative-BCG (Bio-Circular-Green Economy) Model to the MMRF5. The minister will also encourage all APEC members to deploy appropriate tools to promote legal timber trade, combating illicit timber business, and taking other actions related to the matters such as certification of the Timber Legality Assurance System. Furthermore, public-private partnerships among entrepreneurs in the forest industry to foster mutual understanding, information exchange, and to halt forest loss and land degradation to balance greenhouse gas emissions and reabsorption will also be promoted. Those initiatives will align with the Cabinet Resolution on April 12, 2022, and are in accordance with the pledge made by Thailand in the Glasgow Leaders on Forests and Land Use Declaration.

Jutaporn said that the Minister has assigned the Royal Forest Department to fully prepare for the MMRF5 as it shows the importance of Thailand’s participation in the international community in solving forest problems which have an impact on climate change and livelihood of people. The Chiang Mai forum is expected to be attended by about 300 people including ministers and senior officials responsible for forestry missions from the 21 APEC Economies, and officials from APEC Secretariat, APEC Business Advisory Council, ASEAN Secretariat, the PECC International Secretariat and Pacific Islands Forum Secretariat, as well as invited guests, observers and exhibitors from various sectors.

MNRE offers various channels to access related information to this meeting through press conferences, the ministry’s website, on-line news delivery, and printed media outlets. In addition, interested parties can visit the exhibition of the conference in person at the Le Meridien Hotel in Chiang Mai.

“MNRE expects that by hosting the MMRF5 in Thailand, the Thai public will be given a direct opportunity to learn about forest resource management international-wide”, the permanent secretary concluded.

Published : August 17, 2022

By : THE NATION

Amataya Wellness makes debut of Thailand’s first-ever salt hot spring rehabilitation and healthcare center in Krabi

Posted on August 17, 2022 by SoClaimon

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https://www.nationthailand.com/pr-news/business/pr-news/40018963

Amataya Wellness has recently made its debut as Thailand’s first-ever salt hot spring rehabilitation and healthcare center situated in the heart of the Klongtom district in Krabi province.

Amataya Wellness makes debut of Thailand’s first-ever salt hot spring rehabilitation and healthcare center in Krabi

Established as one of the pilot projects under the Klongtom Heritage project, Amataya Wellness is introducing a comprehensive range of rehabilitation and healthcare services evolved by Amataya Rehabilitation Hospital. The hospital specialized in providing rehabilitation and healthcare services using the salt hot spring and scientifically proven physical therapy programs for patients suffering from stroke and other ailments. The Amataya Holistic Medical Treatment offers an extensive range of health treatment programs in combination with salt hot spring baths for maintaining good health and keeping pace with prevention before falling victim to serious illnesses, conforming to Klongtom Heritage’s “Where Miracle Becomes Reality” concept.

The opening of Amataya Wellness was held on August 8, 2022, while many distinguished guests and members of the press participated in this event. The institute is regarded as the first-ever salt hot spring rehabilitation and healthcare canter in Thailand and one of the most important pilot projects under the Klongtom Heritage project.

Dr. Noppadol Noppakun, Chief Executive Officer of Amataya Wellness, said Amataya Wellness is evolved with the aim of bringing the inestimable value of Klongtom Salt Hot Spring to patients of various diseases and health lovers to be applied in conjunction with modern medicine to provide the highest benefits for everyone’s health and wellness in new dimensions, whether it is “cure” for patients of various diseases or “prevention” for those who have not yet experienced serious ailments and are seeking excellent health. Amataya Wellness is successfully developed to spearhead the Klongtom Heritage project and will contribute to the accomplishment of driving Krabi province towards becoming a new world health destination more substantially and sustainably, getting ready to welcome not only Thai tourists but also health lovers from all over the world. With this primary intent, Amataya Wellness has categorized its services into two key areas, including Amataya Rehabilitation Hospital and Amataya Holistic Medical Treatment, unveiling the great advancement of therapeutic science of western and oriental medicine.

Klongtom Salt Hot Spring is unique and special with its highly appropriate temperatures and distinctive healing properties, particularly in helping stimulate healthy blood circulation, lower blood pressure, reduce joint inflammation, and relieve musculoskeletal symptoms. The miraculous salt hot spring is also efficient in keeping the nervous system healthy and reducing inflammation of the skin.

At Amataya Rehabilitation Hospital, patients will be offered personalized health rehabilitation programs using salt hot spring baths in combination with scientifically proven physical therapy and traditional Thai massage. Furthermore, the Klongtom Heritage project has been joined by well-known business alliances, including TRPH Hospital, Wat Phra Chetupon Traditional Medicine School (Wat Pho), Ishii Stroke Rehabilitation Center, and Bangkok Healthcare Service (BHS), for their utmost professionalism and long-standing experience in specific areas of expertise. In addition, healing properties derived from the salt hot spring can be ideal for rejuvenating stroke patients. The salt hot spring can also be used to treat several other ailments, such as Parkinson’s disease, psoriasis, muscle injuries caused by sports, diabetic wounds, and more, which must be practiced under the close supervision of professional doctors and nurses.

At Amataya Holistic Medical Treatment, the healing benefits of the salt hot spring are used in combination with traditional Thai massage available in the forms of therapeutic baths, spas, and massage for both treatment and relaxation. Soaking or bathing in the salt hot spring can also help stimulate the nervous and circulatory systems to function better in the long term. In the very near future, Amataya Wellness plans to come up with a broader range of superior healthcare services, for example, regenerative medicine with cell therapy and personalized medicine, which will be developed as personalized healthcare programs, while preparing to expand the service areas to serve a growing demand for services in the future.

Mr. Wichai Poolworaluk, Chairman of Klongtom Heritage Company Limited, reaffirmed the establishment of the Klongtom Heritage project and the opening of Amataya Wellness have paved the way for Krabi province to become a new world health and wellness destination in a more substantial manner, particularly in upgrading its level among other provinces in the Andaman Wellness Economic Corridor (AWC) project and moving forward with the National Economic Development Plan for the development of Thailand’s health tourism. These have labeled Krabi province as one of the world’s smart health and wellness cities as the province has demonstrated its potential and readiness for health tourism, with amazingly beautiful nature highlighted by famous seas, picturesque mountains, and tropical forests. When combining them with the uniqueness of Klongtom Salt Hot Spring, regarded as one of the world’s five best salt hot springs, it reflects Amataya Wellness’s truly specialized expertise in medical care and health rehabilitation, reassuring the confidence in promoting Thailand as another must-visit international health and wellness hub for everyone across the world.

Amataya Wellness is Thailand’s first-ever salt hot spring rehabilitation and healthcare center, located at 88 Moo 7, Huai Nam Khao sub-district, Klongtom district, Krabi province 81120. It offers a comprehensive range of medical treatment and health rehabilitation services for both IPD and OPD patients who are seeking health rehabilitation programs, particularly for recovery after stroke and other ailments. The rehabilitation and healthcare center also provides preventive healthcare services which include salt hot spring baths and traditional Thai massage. For more information, please contact Amataya Wellness at Tel: 092 270 2589.

Published : August 16, 2022

By : THE NATION

Bass on the beach: Standard Sounds and Strange Fruit to amp up Hua Hin this August

Posted on August 17, 2022 by SoClaimon

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https://www.nationthailand.com/pr-news/business/pr-news/40018959

Fresh collaboration with Bangkok’s underground vinyl venue to include sunset sessions and beach parties at The Standard, Hua Hin every Saturday throughout the month.

Bass on the beach: Standard Sounds and Strange Fruit to amp up Hua Hin this August

The Standard, Hua Hin, the stylish Thai resort where chic beach vibes meet mid-century style, will bring the bass to the beach this August as it collaborates with Strange Fruit, the underground vinyl venue in Bangkok, for the latest edition of Standard Sounds.

Every Saturday at sunset (16.00-19.00 hrs), Standard Sounds and Strange Fruit will bring Thailand’s top DJs to the chic surroundings of The Standard, Hua Hin’s Lido Bar for a series of seafront sessions. In a laid-back ambience, hotel guests, international visitors and local residents can chill out on sofas, cool off in the pool or lounge on the lawn while listening to soulful DJ sets and sipping cool cocktails. After dark (20.00-23.00 hrs), the party moves to the hotel’s Beach Bar as DJs up the tempo and revelers dance the night away on the soft sand.

Standard Sounds kicks off on Saturday 6th August with Sabai Sabai Radio – Maarten G. Goetheer – who have been dubbed “the Gene Wilder and Richard Pryor of Bangkok”. This offbeat DJ is’t stir crazy, but he has been laying down the baddest cuts since 2015 with an ambiguous musical style that transcends genres, pushes boundaries and raises roofs.

Following this on 13th August, The Standard, Hua Hin becomes the temporary clubhouse of Panna, the Lonely Girls Club. Founded by three best friends, Kade, Panna and Ubby-Ibby, all of whom have different tastes in music, the Lonely Girls Club’s music is all about the 2000s. Ranging from soulful R&B by Panna to reggae from Ubby-Ibby and gangster rap from Kade, these three girls will give guests something they’ve never seen or heard before.

For the third Standard Sounds session of the month on 20th August, Aopsher, one of Thailand’s most in-demand DJs, playing the sunset session. A resident at Bangkok’s famous Sing Sing Theater, Vogue Lounge and Beam, he is an active supporter of the local vinyl community.

Finally on Saturday 27th August, Strange Fruit will invite two Red Bull Music 3Style champions to fire up the crowd. Bomberselecta, the Thai turntablist, twice winner of national 3Style competition and finalist of the world event in Tokyo, will spin an eclectic mix of electro beats, R&B, hip hop, funk and reggae.

“Strange Fruit is all about the music – they care about great sounds and want to share them with a like-minded crowd. That’s what sets their Bangkok club apart and what makes them the perfect partner for The Standard, Hua Hin. We’re committed to promoting the Thai music scene and bringing the hottest acts to our guests and the wider community. Our Standard Sounds sessions are becoming the most sought-after tickets on Hua Hin’s cultural calendar,” said Mai Vejjajiva Timblick, Chief Creative & Culture Officer for Standard Asia.

Standard Sounds, The Standard’s global music division, curates live sessions in inspiring settings around the world. Just as every Standard hotel is unique, each property has a distinct identity that reflects the rich culture of its surroundings. With its a cool Miami vibe, The Standard, Hua Hin sets the stage for emerging and established artists that reflect the modern face of Thailand’s vibrant music scene, from DJs to indie bands, solo artists and more.

The Standard hotels are present in the most desirable of destinations, from Miami Beach to the Maldives, London to New York, Hua Hin to Bangkok. A haven for curious explorers, The Standard, Hua Hin was named on Condé Nast Traveler’s “Hot List” for 2022, a highly exclusive selection of the world’s most exciting new hotels. The Standard, Hua Hin was also recognized by Travel + Leisure’s World Best Awards as the #1 Resort Hotel in Southeast Asia!

Connect with the hotel via:
Facebook: The Standard Hua Hin
Instagram/Line: @thestandardhuahin
Web: www.standardhotels.com/hua-hin

— –

Published : August 16, 2022

By : THE NATION

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Tag Archives: business

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Banpu, Thailand’s leading international energy provider, aims to green half of all energy businesses with a comprehensive energy portfolio that can grow despite volatility.

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Is our company in need of digital transformation? It’s a question businesses must address now because Covid-19 has encouraged mass migration to cloud computing, while artificial intelligence is in high demand to ensure competitiveness.

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Thailand’s Board of Investment (BoI) announced on Wednesday that it had approved 784 projects by both domestic and foreign companies from January to June 2022, a 4 per cent increase year on year.

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The baht opened at 35.47 to the US dollar on Thursday, weakening from Wednesday’s close of 35.42.

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A senior Business Development Department official visited Ubon Ratchathani province to promote growing of economic trees that could be used as collateral to obtain bank loans.

Share this:

Siam Commercial Bank (SCB) and the Faculty of Medicine Siriraj Hospital, Mahidol University (Siriraj) recently signed a memorandum of understanding (MOU) to support Siriraj with training courses for Siriraj executives and personnel developed with the expertise of the SCB Academy.

Share this:

The Royal Forest Department ensures of the conference’s success.

Share this:

Amataya Wellness has recently made its debut as Thailand’s first-ever salt hot spring rehabilitation and healthcare center situated in the heart of the Klongtom district in Krabi province.

Share this:

Fresh collaboration with Bangkok’s underground vinyl venue to include sunset sessions and beach parties at The Standard, Hua Hin every Saturday throughout the month.

Share this: