Tag Archives: business

‘SME One ID’ project allows small businesses easy access to govt services

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https://www.nationthailand.com/pr-news/business/40016927

To help SME operators conveniently access government services using a single identification on a unified platform, the Office of Small and Medium Enterprises Promotion (OSMEP) and the Digital Government Development Agency (DGA) have been working together on a much-needed project called “SME One ID”.

‘SME One ID’ project allows small businesses easy access to govt services

The project aims to reduce overlapping procedures and streamline registration and documentation processes.

“Prime Minister General Prayut Chan-o-cha had tasked OSMEP in August 2021 to bring the project to fruition as part of the policy to improve government e-services,” said OSMEP director Weeraphong Malai.

“SME One ID utilises digital technology to develop a platform that entrepreneurs can use to apply for services of various government agencies using a single identification. Thanks to seamless integration between all partner agencies, the platform can greatly reduce overlapping procedures, unnecessary filling of forms, and lower documentation management costs,” Weeraphong pointed out.

“We expect more than 3 million SME operators to benefit from the project,” he said.

In 2021 OSMEP signed a memorandum of understanding with the DGA, which is responsible for technology implementation during phase I of the project, besides eight other firms, which will help facilitate registration for SME operators on the platform.

The eight are CP All, Eke-Chai Distribution System (Tesco Lotus), the Export-Import Bank of Thailand, Bank of China (Thai), Tellscore, TikTok, the Thailand Environment Institute and Bank of Ayudhya.

“In 2022, we expect to bring on board more partners such as Siam Makro, Index Creative Village, the Securities and Exchange Commission, Gentosia, Feyverly, True Corporation, Innotech Laboratory Service and the Government Savings Bank,” Weeraphong said.

‘SME One ID’ project allows small businesses easy access to govt services

The SME One ID platform is available at www.bizportal.go.th. It can currently handle registration of individuals and juristic persons, who will be able to apply for various government services from different agencies without having to register for a new account and wait for the agency to verify their documentation.

“For example, registered entrepreneurs can conveniently apply for product registration with the Thailand Food and Drug Administration or the Thai Industrial Standards Institute, or apply for promotional privileges with the Creative Economy Agency, the Department of Industrial Promotion, or the Comptroller-General’s Department,” Weeraphong said.

He said OSMEP is planning to expand SME One ID coverage to more government agencies, including the ministries of Industry, Commerce, Labour, and Higher Education, Science, Research and Innovation. Weeraphong aims to achieve at least 1 million registrants by the end of 2022, meaning one third of Thailand’s SMEs will be on the platform.

“SME One ID is also holding a promotional campaign via Shopee until August next year to allow registrants to sell their products on Shopee’s microsite. We expect more than 1,800 entrepreneurs to join,” he added.

‘SME One ID’ project allows small businesses easy access to govt services

DGA director Suphoj Thianwut said SME One ID was launched as a measure to help business operators get in touch with government agencies during the Covid-19 lockdown.

“Now that the situation is improving, it will become a platform that compiles and manages big data of Thai SMEs for policy planners and future investors,” he said.

“The DGA has employed the latest technology to ensure registrants’ data are secure on the platform and can be used only for the intended purposes,” he made clear.

Entrepreneur Bussayaphan Wongpilaiwat, who has registered on SME One ID, said she decided to use the platform so that she could avail of government support for her fried mushroom snack business under the brand Veget Crisp.

“I used to sell fried vegetables at a fresh market. Now I have my own business with products being exported,” she said.

“Thanks to SME One ID, which is easy to register via Bizportal.go.th, I can find training courses in product development, as well as apply for loans and register with the FDA. It also helps me connect with trade partners to expand my business,” she added satisfactorily.

‘SME One ID’ project allows small businesses easy access to govt services

Published : June 23, 2022

By : THE NATION

Nong Nooch, Cuban National Botanical Garden team up on conservation, scientific research

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Nong Nooch Landscape & Garden Design on Wednesday joined forces with the Cuban National Botanical Garden on education, conservation and scientific research in a step towards more environmentally friendly operations.

Nong Nooch, Cuban National Botanical Garden team up on conservation, scientific research

The cooperation covers capacity building for planning, design and management of botanical gardens, setting up mechanisms to support the exchange of expertise, knowledge, tools and plant resources, build genetically diverse ex-situ populations of plants, conservation education and propagation of endangered plants.

Nong Nooch, Cuban National Botanical Garden team up on conservation, scientific research

Both entities will also join forces to improve education and conservation in two botanical gardens.

Nong Nooch, Cuban National Botanical Garden team up on conservation, scientific research

The agreement is a non-commercial one based on conservation and capacity building between the two.

Nong Nooch, Cuban National Botanical Garden team up on conservation, scientific research

Two species of Cuban native trees were planted at Nong Nooch Tropical Garden’s arboretum in Pattaya to celebrate the occasion.

Published : June 23, 2022

By : THE NATION

DTAC-True vow no price hike after the merger

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DTAC and True executives promise their merger will usher in better, cheaper services for customers amid fears that the tie-up would lead to market dominance.

DTAC-True vow no price hike after the merger

Telenor’s DTAC and CP Group’s True Corporation guaranteed their merger would benefit telecommunication industry competitiveness while customers would in fact be offered cheaper, better services and not the other way round.

The two companies aim to meet increasing customer expectations and capture new growth opportunities in a fast-changing digital world, but many are worried the merger would naturally mean less competition, resulting in fewer innovations in technology and services and rising costs caused by a limited market.

Telenor Group senior vice president for Asia Jon Omund Revhaug tried to lay some fears to rest, telling a seminar that after the merger, his company would continue to invest on the continent, including Thailand, as the firm has been operating in Asia for the past 25 years and more than 60 per cent of its revenue has come from Asia.

He was speaking at the seminar titled “The Disruption of Business, Competition and Transformation, Ready Now for the Future” at Centara Grand at Central Plaza Ladprao in Bangkok.

For Thailand, Telenor expects strong growth in data consumption and mobile and internet users. The company says it is committed to investing in Thailand for several decades to come.

Telenor believes the DTAC-True merger would create a telecom-tech company with the necessary strength and financial capability to innovate cutting edge technology with respect to 5G and other digital transformations in a step to drive Thailand’s digital economy forward and provide customers with better experiences.

DTAC would also make sure data protection and reliable connectivity will be the top priority as more customers rely on operators to keep their data safe, Revhaug said.

Regarding worries that the mega merger would lead to market dominance and customers would have to pay higher prices, True Corporation president Natwut Amornvivat guaranteed the tie-up would benefit True and DTAC customers as both firms have their strong points in strengthening the new company without incurring fresh debt. This means better service experience for customers, he said.

Natwut Amornvivat,True Corporation presidentNatwut Amornvivat,True Corporation president

As for service prices, Natwut explained that the telecommunications business in Thailand is governed by several laws and the National Broadcasting and Telecommunication Commission (NBTC) is making sure the business is strictly regulated under the trade competition law. Therefore, even though DTAC and True will have access to a massive 54 per cent of customers in Thailand after the merger, they would still have to follow price regulations set by the NBTC.

Natwut claimed the merger would actually allow the new giant firm to offer a wider range of products and services to customers at cheaper prices because the company will have access to more customers without incurring extra debt.

Currently Advance Info Service, or AIS, is the number one telecommunication provider in Thailand with 43.7 million subscribers followed by True with 32 million and DTAC with 19.3 million.

DTAC-True vow no price hike after the merger
By joining forces, the new company will replace AIS as the top service provider, but this will mean the country’s major service providers would be reduced from three to two. And without proper, strict regulations, this could lead to market dominance, with none other than the customers paying the price.

Published : June 23, 2022

By : THE NATION

Bangkok governor to speak at seminar on ‘Redefining the future ESG in Thailand’

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To celebrate its 51st year in business and promote discussion on sustainable approaches to national development, The Nation will co-host a virtual forum on “Redefining the Future ESG in Thailand” on July 7, 2022, from 1-4 pm with ANN, Asia’s leading media network.

Bangkok governor to speak at seminar on 'Redefining the future ESG in Thailand'

The Nation and Asia News Network (ANN) will host a virtual seminar on the management of companies in the next decade, with a focus on the “Environmental, Social, and Governmental” (ESG) concept for achieving sustainable growth.

The United Nations established the Sustainable Development Goals in 2015, which provide a 15-year timeline to improve the well-being of people around the world while simultaneously caring for society and the environment to achieve sustainable growth. Since then, corporate management has shifted its emphasis to environmental concerns.

An ever-increasing emphasis is being placed on “environmental priority” in the realm of business administration.

After the Covid-19 pandemic, the world economy and a number of industries are starting to get back on their feet. ESG is a concept that is spreading as a business model, focusing on the long-term success of a company.

Corporates are adopting ESG in order to conform to international business practices and to follow ecologically friendly standards that governments all around the world have implemented.

To celebrate its 51st year in business and promote discussion on sustainable approaches to national development, The Nation will co-host a virtual forum on “Redefining the Future ESG in Thailand” on July 7, 2022, from 1-4 pm with ANN, Asia’s leading media network.

The seminar is also honoured to have Chatchart Sitthiphan, the governor of Bangkok, express his vision on “The New Chapter of BMA: Make the Capital City better by using the ‘ESG’ strategy” alongside other guests in the session who will speak on: “SDGs and ESG matter for sustainable businesses”; “Net Zero in Action: Reduce your environmental footprint”; “New approaches for a greener future: innovative technologies and strategies”; and “Sustainable ESG investment in the green economy”.

Register now: https://nregister.nationgroup.com/NTESG

The virtual forum will be in English but simultaneous Thai translation is available via Zoom.

Published : June 23, 2022

Agriculture experts make strong case for lifting ban on some chemicals

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https://www.nationthailand.com/business/40016922

The Chemical Industries Club of the Federation of Thai Industries (FTI), academics, and farmers have urged the government to lift the ban on some chemical herbicides and pesticides to meet commercial demand and enable Thailand to achieve its objective of becoming the “kitchen of the world”.

Agriculture experts make strong case for lifting ban on some chemicals

Petcharat Eksangkul, member of the Chemical Industry Committee and vice president of the FTI, said that rather than focusing only on organic agriculture, it is time for the country to also focus on chemical agriculture which involves good practices at every step in the production of agriculture products, or GAP (Good Agricultural Practice). 

Petcharat was speaking on the topic of “Organic Chemicals: Thailand’s Opportunities Under the Global Food Crisis” during the third seminar on “Chemical: Hero or Villain?”.
These GAP methods help solve shortfalls in productivity due to plant diseases, pests and inclement weather.

“We need to accept that chemicals do cause both harm and benefits depending on the way we use them. Knowing how to use chemicals responsibly, along with proper management and scientific proof, will be the key to driving the use of chemical herbicides and pesticides for the benefit of the country,” said Petcharat.

The president of the Weed Science Society of Thailand, Chanya Maneechote, said most Thai people are told that chemicals are toxic. Hence anything involving chemicals is viewed as dangerous. Using chemical herbicides and pesticides is resisted as a result.

“These kinds of chemicals are only harmful if you directly consume them. However, if you strictly follow instructions with proper protection kits, there is no danger. Herbicides like paraquat are banned in Thailand, but widely used in America and Japan. If it is dangerous, why do these developed countries allow their farmers to use it?” said Chanya.

She also cited the case study of Sri Lanka, which banned all chemical fertilizers and pesticides at the beginning of 2021 in order to become a 100 per cent organic country. But it was forced to lift the ban in November 2021 as it could not take the burden from decreased productivity of major agricultural products such as rice and tea leaves.

Previously, Sri Lanka had banned the use of glyphosate (a chemical herbicide) in 2015 believing that glyphosate might cause idiopathic chronic kidney disease and possibly carcinogenic. At that time, Sri Lankan scientists and researchers had warned that there was no scientific concrete evidence to issue the ban but the government did not listen. Three years later, many economic crops, especially Sri Lanka’s main export crops, were severely damaged by the glyphosate ban and the government finally lifted the ban on glyphosate.

“Thailand must consider all aspects before banning any chemicals used in agriculture. Risk assessment and management of cost and economic worthiness of the use of agrochemicals are required in order to be able to make effective policy decisions. Many of the world’s leading agricultural countries such as Brazil, Japan, Mexico, China and the United States all provide this kind of assessment,” said Chanya.

Though the concept of organic agriculture is idealistic, a farmer and the CEO of Real Farm, Surawut Srinam, said this way of farming and cultivation is not cost-effective for commercial agriculture which needs to produce large quantities while the quality of production could be controlled.

In his opinion rather than only focusing on organic agriculture, the government should pay attention to GAP agriculture, which prioritises food safety. GAP means the use of chemicals and fertilizers in the specified amount and conditions are allowed as long as it comes along with global food safety standards with no residue left.

He added that the country’s farming industry is currently facing challenges from climate change, limited land and workforce shortage. If chemical herbicide is not allowed, farmers will have to hire more labourers to eliminate weeds and pests while struggling to find a way to increase their productivity.

Meanwhile using chemicals is convenient and economical for export. There are already some international measures for permissible residue content in fruits and vegetables. Most countries are more worried about pests and plant diseases than residue.

“Even though there is some demand for organic products in the world market, that demand is very niche. Organic agriculture is also difficult in terms of quality control and has a low volume of production. Besides, it can’t consistently produce large amounts to serve the needs of the food industry,” said Surawut.

He added that many farmers had to give up organic production and turn to GAP agriculture, which has received good feedback from both domestic and international markets, because buyers are interested in competitive prices and the products meet the export and import standards abroad.

The academic secretary of the Thai Fertilizers and Agricultures Supplies Association, Supak Laodee, said chemical fertilizers are not toxic. It is an essential plant nutrient that helps increase productivity for the Thai agricultural sector, especially now that farmers need more productivity to fight the rise in production costs.

“Choosing an efficient chemical or organic fertilizer is, therefore, an important solution. This will not only reduce the cost of production per unit but also add vital organic matter to the soil,” said Supak.

This requirement was raised as the Thai government is focusing on transforming into a 100 per cent organic agriculture country. So, many chemicals and pesticides are banned. Some experts and farmers pointed out that organic agriculture could not serve Thailand’s objective to become the “kitchen of the world”, therefore, it would be better to promote chemical agriculture in parallel.

A government sector representative, the secretary-general of the Office of Agricultural Economics at the Ministry of Agriculture and Cooperatives, Rapeepat Chantarasriwong, said the office keeps doing research and development in both organic and chemical agriculture.

“The production factors are intensively controlled, including chemical, organic and bio-fertilizers for farmers to use appropriately and adequately to eliminate pests and weeds as well as increase productivity,” said Rapeepat.

He said the government realised the importance of organic and chemical agriculture and was ready to support both groups of farmers. As for chemical usage, it needs more discussion from related sectors.

Published : June 22, 2022

Thai rice exports lose ground, prices tumble as India, VN go in for price undercut

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https://www.nationthailand.com/business/40016956

Millers are buying paddy rice at much cheaper prices amid hardships faced by farmers after exports witnessed a drop because of price undercutting and strong competition from other countries, experts said.

Thai rice exports lose ground, prices tumble as India, VN go in for price undercut

The prices of paddy rice bought by millers have fallen by 200 to 500 baht per tonne after the cost of exported white rice dropped significantly, from US$960 (33,958 baht) for jasmine rice and $463 (16,370) per tonne for 5 per cent white rice on June 8 to $905 and $427 respectively on Wednesday.

Thai Rice Exporters Association president Charoen Laothamatas attributed the drop to a price undercut by India and Vietnam.

He said India now exports white rice at $338 per tonne while Vietnam sells it for $418, compared to the Thai price of $427. Vietnam sells jasmine rice at $523 per tonne and Cambodia $880, while Thai jasmine rice costs $905.

“The prices of Thai rice are much less competitive,” Charoen said.

Major US shippers have managed to reclaim their containers stranded at major ports so they can provide increased shipping services to rice exporters, thus allowing the market to witness high supply, he said.

India, which is a major rice exporter, has put a lot of its rice on sale and has won most purchasing orders from key markets, especially African nations, Charoen said.

India has not been hit by a drought this year and farmers there have switched to higher-yield species, so the country is in a position to export more rice at competitive prices, he pointed out.

“India is closer to Africa than Thailand is and of course it has its own ports so Thailand cannot compete in exporting rice to African nations,” Charoen noted.

He said it was fortunate that Iraq recently purchased 400,000 tonnes of Thai rice or else the prices would have plunged much deeper.

The on-going harvest of the second crop of off-season rice, which will continue into August, has seen a lot of paddy rice flood the market, prompting local prices to go down as well.

Charoen said Thailand is now banking on hopes of selling rice to Saudi Arabia as people there like to consume long, hard grain rice, a variety produced by Thailand.

Meanwhile, Thai Rice Mills Association president Rangsan Sabaimuang said the fluctuating prices in the global rice market have affected domestic prices.

The local prices of jasmine rice in the country now vary from 13,500 baht to 13,700 baht per tonne, compared to 14,000 and 14,500 baht earlier.

Thai Agriculturist Association president Pramote Charoensilp also confirmed that the current harvest has led to rice flooding the market, bringing prices down.

He said his association would consult government agencies on how to help affected farmers.

Published : June 23, 2022

By : THE NATION

Livestock product exports in first five months jump 21%

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Thailand exported 1.01 million tonnes of livestock products valued at 106.65 billion baht in the first five months of the year, an increase of 2.08 per cent and 20.82 per cent year on year respectively, thanks to the improving Covid-19 situation globally that has helped increase the demand for food ingredients.

Livestock product exports in first five months jump 21%

“The Agriculture and Cooperatives Ministry expects exports in the second half of the year to expand even further as more countries lift restrictions,” Minister Chalermchai Sreeon said on Wednesday.

The ministry has completed negotiations on poultry product trade with new markets such as Malaysia, Singapore, Saudi Arabia and Canada, which would help boost exports this year, he said.

Chalermchai said another factor underpinning increasing foreign orders is the result of the ministry’s campaign to help manufacturers achieve international standards in food safety, including Good Agricultural Practices certification, Good Hygiene Practices, and Hazard Analysis and Critical Control Points, which have helped the country penetrate new markets.

Livestock product exports in first five months jump 21%

Of the 1.01 million tonnes of livestock products exported, 415,348 were meat and processed meat, 366,317 pet food, 125,077 tonnes of eggs, dairy products and canned food and 107,868 tonnes of farm animal feed.

Thailand’s largest markets in the first five months of the year were the European Union, the United States, Japan and the United Kingdom.

Published : June 23, 2022

By : THE NATION

Baht likely to fluctuate, weaken during the day: market strategist

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The baht opened at 35.33 to the US dollar on Thursday, strengthening from Wednesday’s close of 35.50.

Baht likely to fluctuate, weaken during the day: market strategist

The currency is expected to move in a range between 35.25 and 35.50 on Thursday, predicted Krungthai Bank market strategist Poon Panichpibool.

Poon said the baht advanced last night as the dollar declined, but the Thai currency is likely to fluctuate and weaken during the day.

It is easy for the baht to weaken to test its resistance level of 35.50 because foreign investors might continue to offload Thai stocks due to concerns over a shrinking economy, he said.

However, the pressure from stock sales may be limited as foreign investors might gradually purchase Thai bonds because yields around the world are decreasing and some investors feel the current Thai bond yield level has already reflected signs that the Bank of Thailand would increase the interest rate, Poon pointed out.

Moreover, the Japanese yen has declined heavily and might pressure the baht to weaken, but then the Thai currency could strengthen from gold transactions, he added.

Published : June 23, 2022

By : THE NATION

Minister expects deal on voluntary contributions from refineries to oil fund

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Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow said on Wednesday that he expected a deal this week with oil refineries for them to contribute voluntarily to the Oil Fuel Fund.

Minister expects deal on voluntary contributions from refineries to oil fund

Supattanapong said his ministry has started talking to the refineries to encourage them to contribute a part of their gross refining margin to the oil fund for at least three months so that the fund would be able to subsidise diesel oil price.

“I expect a deal will be wrapped up this week,” the energy minister said.

He said the amount might be 7 billion or 8 billion baht but the ministry would have to first to reach an agreement with the refineries.

“Don’t press me now. I still need time to consult all sides for a suitable figure that will be acceptable to both sides. I can’t say now whether it will be more or less than the figure.”

He said the ministry would have to convince the refineries to voluntarily cooperate with the plan before the ministry studies the law to enable contributions from the refining margin.

“The government does not want to force the refineries, but we will seek cooperation,” the energy minster added.

Responding to the proposal by Kla Party leader chief Korn Chatikavanij for the Energy Ministry to enact a law forcing the refineries to contribute from their margin to the oil fund, Supattanapong said the ongoing talks were based on voluntary contributions so he did not want to set a condition that would bog down the talks.

“We’ll wait for the results of the talks that will come out this week,” the minister said.

Kulit Sombatsiri, permanent secretary at the Energy Ministry, said although the ministry has the power to order the refineries to reduce the refining margin to help bring down oil prices, there could be lawsuits in the future.

He said such an order could affect the shareholders of the refineries and could violate the Stock Exchange of Thailand (SET) law.

Earlier, Korn floated his idea for the government to order the refineries to lower refining margin, as they were making huge profits. He even suggested that the government slap a windfall tax on the refineries.

The Petroleum Refining Industry Club on Monday dismissed as untrue a claim by Korn that Thai refineries were enjoying a high margin of over 8 baht per litre of oil, saying they had to shoulder several costs.

During the past week, the share prices of refineries traded in the SET fell by about 13.3 per cent on average, causing their market capitalisation to evaporate by 76.8 billion baht.

Published : June 22, 2022

By : THE NATION

UAE interested in purchasing Thai rice: Sansern

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The United Arab Emirates is interested in purchasing Thai rice, Vice Commerce Minister Sansern Samalapa said on Wednesday.

UAE interested in purchasing Thai rice: Sansern

His statement came after discussions with Abdulnasser Jamal Alshaali, Assistant Minister for Economic and Trade Affairs at the UAE Ministry of Foreign Affairs and International Cooperation on Monday.

He said the UAE could be a gateway for Thai exports – especially agricultural products and food – to countries in the Middle East and North Africa.

Thailand, meanwhile, would enable the UAE to penetrate the Asean market.

Sansern went on to say that the UAE is interested in making a purchase contract for Thai rice, while the Gulf nation also saw an opportunity for the private sector of both countries to jointly invest in rice manufacturing in the future.

The UAE is interested in operating a telecommunications business in Thailand as well, Sansern said.

“The UAE is working on free trade agreements with many countries, especially those in Asean,” he said.

UAE interested in purchasing Thai rice: Sansern

Sansern said the Emirates has also invited Thailand to consider a comprehensive economic partnership agreement between the two countries.

Meanwhile, Thailand has requested the UAE to conclude a memorandum of understanding on forming a joint trade committee to facilitate negotiations between the commerce ministries of the two countries.

“Additionally, the UAE has proposed a MoU on establishing a joint business council between the Thai Chamber of Commerce and the UAE Federation of the Chambers of Commerce and Industry to facilitate discussions,” Sansern said.

UAE interested in purchasing Thai rice: Sansern

Furthermore, Thailand has invited Emirati businessmen to participate in Thai trade fairs scheduled this year, such as the Tilog Virtual Exhibition, Tilog Logistix, Bangkok Gems & Jewellery Fair and the Bangkok Refrigeration, Heating, Ventilation and Air Conditioning Fair.

In 2021, the UAE was Thailand’s 13th largest trade partner globally and the biggest in the Middle East.

Trade between Thailand and the UAE was valued at US$12.32 billion (394.34 billion baht), up 66.2 per cent year on year. Thai exports accounted for $2.78 billion while imports amounted to $9.54 billion.

UAE interested in purchasing Thai rice: Sansern

Thailand’s main exports have been cars, wood, gems, ornaments, air conditioners, rubber products and canned and processed seafood.

The country mainly imported crude oil, fuel, metal products, jewellery, gems, silver bars, gold bars and natural gas.

Published : June 22, 2022

By : THE NATION