Foreign countries are still interested in investing in Thailand, government deputy spokeswoman Ratchada Thanadirek said on Wednesday.
Her statement came after the opposition rejected the fiscal 2023 budget bill on Tuesday, claiming that factories had relocated as they could not trust a government that was the result of the coup d’etat and succession.
Ratchada said foreign investors continued to trust Thailand even in the present Covid-19 situation. She backed up her statement with statistics, saying 196 foreign investors applied for business licences in the first four months of 2022, resulting in investments of THB36 billion.
Most businesses are part of the new S-curve industries in the fields of application platforms, petroleum drilling, examining and repairing medical equipment, charging stations, automobile manufacturers and assemblers, Ratchada explained.
According to her, as many as 28,083 newly listed companies have been established with an authorised capital of THB245.49 billion.
Ratchada said these numbers reflected the confidence of Thai and foreign investors in the country’s economic recovery and long-term growth opportunities from economic stimulus measures.
She revealed the government had requested THB396 billion to increase the country’s competitive capability and detailed some of the projects the money would be used for:
THB80 billion to help the country become a leader in agricultural and high-value processed agricultural products;
THB118 billion to develop Thailand as a gateway for trade, investment, and logistics;
THB11 billion for the Eastern Economic Corridor;
THB7.27 billion to develop tourist destinations that focus on quality and sustainability.
Ratchada hoped MPs would approve the fiscal 2023 budget bill “to drive the country forward at a significant moment”.
( PR News ) With an AI-driven network, King’s College International School Bangkok creates enhanced in-person, online and hybrid learning experiences for its students
Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that King’s College International School Bangkok (King’s Bangkok), a leading education provider for local and international students, has selected Juniper’s wired, wireless and security solutions to power its campus networking experience. With a secure AI-driven network, the school can provide enhanced teaching and learning experiences for staff and students, especially as onsite learning resumes and enrollment continues to grow.
As the first King’s College School Wimbledon International School in South East Asia, King’s Bangkok’s mission is to become one of Asia’s leading educational institutions. With almost 1,000 students on campus and growing, King’s Bangkok aims to develop independent enquirers by offering individualized care and a variety of experiences designed to help students excel. To deliver on its commitment to providing high-quality, innovative and secure learning for its teachers and students, the school partnered with Juniper to build a robust AI-driven campus network to enable rich and reliable digital learning experiences.
In line with its goal of creating a wireless-first network campus, King’s Bangkok has deployed Juniper Wireless Access Points along with the Juniper Mist Wireless Assurance service, providing staff, students and guests with access to seamless high-speed and reliable connectivity anytime, anywhere. Juniper’s EX3400 and EX2300 Ethernet Switches, as well as the Juniper Mist™ Wired Assurance service, underpin this connectivity by bringing insight into user and device experiences while simplifying the management and operation of the wired network. This helps the school meet the demands for increasing numbers of connected devices and network bandwidth demands as more students access digital learning tools across the campus.
To better support the school’s lean IT team, the Juniper Mist Cloud Services will streamline the deployment and management of King’s Bangkok campus fabric, while Mist AI simplifies operations and improves visibility into the performance of connected devices. This is significant to King’s Bangkok, which could see up to thousands of connected devices from mobile phones to tablets to laptops at once.
The campus is also required to comply with GDPR and PDPA laws from the United Kingdom and Thailand respectively, making data protection the utmost priority. King’s Bangkok places a huge emphasis on safeguarding its students from malicious websites and content. The deployment of Juniper’s SRX1500 Services Gateway will serve as the campus’ perimeter firewall, supporting next-generation firewall capabilities.
With a secure, high-performance network powered by automation and Mist AI, King’s Bangkok has solidified its position as a leading education provider in Thailand, providing students, staff and guests with seamless connectivity around campus.
Supporting Quotes:
“Through our partnership with Juniper Networks, King’s Bangkok is able to deliver on our commitment to providing innovative and secure learning experiences for our students and teachers. Our school aims to be forward thinking and Juniper, with its cloud and AI-driven solutions, offers our IT team more flexibility and ensures always-on wireless connectivity throughout the campus. As we anticipate the school’s enrollment to grow over the next few years, we are confident that Juniper has helped us build a scalable network that will only continue to create superior digital learning experiences for Thailand’s brightest minds.”
– Dion Norman, Director of Information Communication Technology, King’s College International School Bangkok
“We are honored that King’s College International School Bangkok has chosen Juniper to deliver a world-class education experience in this vibrant and rapidly developing nation. With AI-driven automation and insight, the school’s IT team can focus on priority tasks allowing for more seamless and cost-effective IT operations. We are confident that our experience-first approach to networking will accelerate the school’s AI-driven enterprise journey, all while ensuring that teachers and students receive the best possible education experience.”
– Perry Sui, Senior Director, ASEAN & Taiwan, Juniper Networks
About Juniper Networks
Juniper Networks is dedicated to dramatically simplifying network operations and driving superior experiences for end users. Our solutions deliver industry-leading insight, automation, security and AI to drive real business results. We believe that powering connections will bring us closer together while empowering us all to solve the world’s greatest challenges of well-being, sustainability and equality. Additional information can be found at Juniper Networks (www.juniper.net) or connect with Juniper on Twitter, LinkedIn and Facebook.
Juniper Networks, the Juniper Networks logo, Juniper, Junos, and other trademarks listed here are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners.
The president of the Thai-Chinese Chamber of Commerce Narongsak Putthapornmongkol on May 26 welcomed Tan Teck Lee, director – South East Asia and Asia-Pacific at Singapore Business Federation (SBF) on the occasion that the SBF was bringing Singaporean entrepreneurs to visit the ThaiFex – Anuga Asia 2022 event held at Impact Muang Thong Thani in Nonthaburi province.
Narongsak said the Thai-Chinese Chamber of Commerce is looking forward to strengthening cooperation with the SBF to expand business deals with Singaporean entrepreneurs.
Meanwhile, Lee said SBF has launched the “Global Connect @SBF” platform to support Singaporean entrepreneurs in expanding their businesses overseas. Currently, SBF has over 27,200 members and a regional office in Bangkok.
SBF also plans to bring more Singaporean entrepreneurs to visit the Food & Hotel Thailand (FHT) event scheduled in September and is looking forward to matching with Thai-Chinese business partners in the food and hotel industries.
Singapore is Thailand’s 8th trade partner globally and ranked 4th among Asean members. Trade value between the two nations amounted to US$6.6 billion in the first four months of 2022. Thailand’s exports to Singapore during said period were at US$3.8 billion with US$2.7 billion worth of imports. Key export products to Singapore are gems and jewelry, oils, computers, electrical circuit boards, chemicals, and air conditioners.
Mutual funds have always been highly popular among old and new investors and yet still show a promising trend of future expansion. One might wonder how come mutual funds can still maintain their popularity nowadays despite more financial tools and investment options have been available.
Here are some of the benefits that mutual funds have which attract investors seeking to maximize their profits.
1. Small capital required Mutual funds nowadays require smaller minimum investment capital compared to other investment options, which means anyone can start investing regardless of their financial status.
2. Variety of investment options Mutual funds offer several financial products that suit the varied needs of investors. You can choose from a wide range of options such as fixed-income funds, technology funds, gold funds, health technology funds, clean energy funds, and more. Investors can choose the funds in the sector that they are interested in, or distribute their capital across several funds to achieve the profit target.
3. High cash flow Mutual funds have a shorter period for redemption of unit trust, which allows investors to faster regain their capital for future investment and therefore maintain a high cash flow.
4. Double the profits with tax benefits Mutual funds such as SSF (Super Saving Fund) and RMF (Retirement Mutual Fund) grant investors tax deduction benefits provided that they meet the investment requirement. SSF requires about 10 years of continued investment while RMF investors must hold the unit trust until they are 55 years old before they can be sold. Investors therefore are advised to study the criteria and requirements of each fund carefully.
5. Equally supervised by experts No matter how small you invest, every mutual fund will be professionally managed by ‘Fund Managers’ who are well-versed in asset management while your profit will be handled by ‘Trustees’ who work to ensure the funds’ transparency and maximum profits for investors. This has made mutual funds a hassle-free investment whereas investors have the freedom to focus on their work or things they love.
6. Diversified investments As mutual funds pool capital from several investors, they will need to distribute the investments across different assets to maximize the profits and minimize the risks throughout the investment period, depending on each funds policy. This helps investors save time in analyzing different assets as well as in dealing with organizations that they need to invest in.
7. DCA friendly Mutual funds are suitable for Dollar Cost Average (DCA) approach, which is a strategy to invest regularly and continually at equal amounts in long term. Since mutual funds require a small starting investment, supervised by professionals, and have diversified investment, investors can therefore rest assured that they can stay on track under the DCA approach until they achieve the desired target.
Principal Asset Management, a subsidiary of Principal Financial Group, is a world-leading asset management company trusted by over 45.5 million investors worldwide and has accumulated over US$ 990.4 million of capital (as of June 2021). We have selected premium funds in different sectors such as bonds, equity, property funds, foreign investment funds, and more for investors to choose from in order to achieve their financial targets.
Pearl is the jewel of the sea and gemstone of June, the birth month of Mikimoto, Japan’s high-end pearl jewellery brand. Mikimoto welcomes Pearl Month in June with the Pearl Month collection, constructed with precious gifts from nature, unparallel design and haute craftsmanship of Mikimoto.
Mikimoto’s flawless beauty is bestowed upon every woman on every occasion. Each item in Mikimoto’s Pearl Month Collection is on par with the highest standards and presented with timeless elegance. The collection comprises Golden South Sea, Black South Sea and White South Sea Pearl Necklace fuse pearls in three hues in intricate colour play, a truly magnificent masterpiece that matches every style.
Akoya Pearl Necklace M Code Liberté that celebrates “liberty” where the wearer can appreciate its unique design and enjoy wearing it in various arrangements and lengths. Adding luxurious flair to the necklace is Akoya Pearl Pendant shaped like a moon dew whose soft form perfectly enhances the mysterious beauty of the white pearl.
Mikimoto’s timeless aesthetic does not only charm ladies around the world, but its boundless design is also marvellous in its own right and comes second to none. Akoya Pearl Necklace with Diamond, Akoya Pearl and Golden South Sea Pearl Necklace with Diamond, and Akoya Pearl and White South Sea Pearl Necklace with Diamond are designed for multiple wearing styles and arrangements. The skipping rope is hookless, allowing for fun and versatile wear with tying method or shortener to create various different looks.
To celebrate the Pearl Month, Mikimoto also presents Ginza Selection with matching sets of lustrous, round pearl necklaces and earrings, presented in luxe red box for any special occasion.
Experience the pure beauty of the pearl, the only gemstone in the world created by a living creature, and meticulous craftsmanship with the Pearl Month collection from Mikimoto at Boutique Mikimoto, Level M of Siam Paragon. For more information, call 0-2129-4444.
The Mass Rapid Transit Authority of Thailand (MRTA) on Wednesday signed contracts with three consultant consortiums to hire them to supervise the construction of the south Purple Line electric train project.
MRTA governor Pakapong Sirikantaramas signed the contracts to hire the three consortiums for THB2.6 billion to supervise the construction of the southern section of the Purple Line from Taopoon to Ratburana.
The MRTA signed the contract with five companies as Project Management and Construction Supervision Consultant 1 (PMCSC1) valued at THB1.09 billion.
The companies in the PMCSC1 are MAA Consultant Co Ltd, Index International Group Plc, PSK Consultant Co Ltd, PPSN Co Ltd and C Consult Engineering Co Ltd.
For Project Mangement and Construction Supervision Consultant 2 (PMCSC2), it signed a contract with six companies for a total of THB959.458 million.
The six companies under the PMCSC2 contract are Asian Engineering Consultant Co Ltd, Tesco Co Ltd, Utilities Design Consultant Co Ltd, IT International Co Ltd, Project Planning Services Plc and Integrated Engineering Co Ltd.
The MRTA also signed contracts with three companies hiring them as Project Management and Construction Supervision Consultant 3 (PMCSC3) for THB561.043 million.
The PMCSC3 companies are Chote Jinda Consultant Co Ltd, Wisit Engineering Consultant Co Ltd and IT International Co Ltd.
The three consortiums are required to supervise and manage the construction of the section to be done as per the contracts between the MRTA and the construction contractors.
The three consortiums also signed the Integrity Pact with the MRTA to ensure transparency in the construction of the project.
Pakapong said the three consortiums are ready to start operations right away and the MRTA has already sent notice to proceed (NTP) to the six contractors of the project on April 25. The constructions will start this month to be completed in 2027.
Pakapong added that the committee in charge of hiring consultants has so far failed to select a winner as the Project Implement Consultant, as no firm has met the technical requirements.
Over the past 10 years, Regional Container Lines Public Company Limited (RCL) has developed its operations to be efficient and has prepared for a full digital transformation. Since 2021, RCL has formulated a strategic plan for business growth and for servicing the needs of customers in the New Normal era, as well as to create a stable and sustainable value for shareholders, under the leadership of Mr Sumate Tanthuwanit.
Mr Sumate Tanthuwanit graduated with a Bachelor Degree of Engineering (Hons) from Chulalongkorn University and Master Degree of Engineering from Asian Institute of Technology. He is the one of the founders of RCL since 1980, who later brought RCL to be listed in the Stock Exchange of Thailand in 1988, and converted RCL into a public limited company in 1993. Throughout the 42 years of pioneering and developing business, Mr Sumate has strengthened its operational capabilities and expanded service network by leveraging technology. As the result, RCL is now widely known in Asia. Based on his dedication and RCL’s success history, Mr Sumate was honoured by both Chulalongkorn University and Mae Fah Luang University, with an honorary doctorate degree in the field of Logistics Management and Business Administration, respectively.
In order to carry out the company’s business strategy as aforementioned, the Board of Directors appoints Mr Twinchok Tanthuwanit as the President of RCL Group, replacing Mr Sumate Tanthuwanit, who is now appointed as Chairman of the Executive Committee with effect from 1 June 2022. Henceforth Mr Twinchok Tanthuwanit will carry on the abovementioned intentions and to strive for further success. In addition, he will also drive the Group towards modernising both the fleet and operating system to increase competitiveness and service ability, amidst this digital age.
Mr Twinchok Tanthuwanit graduated with a Bachelor Degree of Engineering and a Master degree of Science in Biomedical Engineering from the Jülich Aachen University of Applied Sciences, Germany. He took on the role of General Manager of Marketing Department in RCL since 2015. In 2018, he held the position of Senior Vice President (Chief of Regions and Business Development). In his seven years of experience, he was involved in administrative task and management work. Mr Twinchok has expanded the fleet deployment and increased the number of vessels, including enhancing plans and operating procedures to cope with the volatile market situation. He also led the team to develop the company’s effective operating system by launching robotics technology, data management and analytics and leveraging technology to achieve better efficiency in cost management and to enable employees to handle more important and complex tasks.
In view of his vast experience, the Board of Directors has assigned Mr Twinchok, the new President, to implement the business strategy plans, including the increase in fleet efficiency to match international standard. In addition, he is also tasked to expand and further strengthen the service network by applying new technology, in order to be more comprehensive and as well as to achieve maximum effectiveness for RCL business development in terms of stability and sustainable growth.
IBM and Nation Group invite interested persons to join the online seminar titled “Enterprise of the Future: Sustainability as Digital Transformation Catalyst” on Wednesday June 8th, 2022 at 10:00 – 11:45 am via Webex channel.
All direct experience shall be shared by proficient management about the guideline of sustainable organization building for business opportunities and driving factors to Digital Transformation with the innovative technology, which shall achieve businesses and industries as your objective targets under Net Zero Carbon and business models for the sustainable life.
Nation Group (Thailand) will focus on strengthening its internal structure and management in line with its “One Nation” strategy, CEO Shine Bunnag said on Wednesday.
The new strategy will connect media outlets Krungthep Turakij, Kom Chad Luek, Nation Thai News, Nation TV 22, The Nation Thailand, The People, Khob Sanam, and Spring Online for maximum synergy, based on the principle of freedom of the press.
“We have combined our media outlets and sold investments to maintain unity and mitigate burden from redundant costs,” he said.
He added that he has stepped down as CEO of Nation Broadcasting Corporation in keeping with the organisation’s restructuring plan.
He said Nation Group will adhere to its ideology and perform its duties as a media outlet with responsibilty towards society and the country.
“Once the transactions are completed, Nation Group will be strong financially and ready to expand the business further,” he said.
The first lot of four vehicles under City Transit E-Buses project have been delivered to Bangkok Mass Transit Authority (BMTA) on Tuesday (May 31) at BMTA head office in Bangkok’s Huay Kwang district.
The project is a cooperation among BMTA, National Science and Technology Development Agency (NSTDA), Metropolitan Electricity Authority (MEA), Electricity Generating Authority of Thailand (EGAT) and Provincial Electricity Authority (PEA) to transform decommissioned BMTA buses into electric buses using up to 40 per cent of domestic parts. The modification has been carried out by Choknamchai Hi-Tech Pressing Ltd under the supervision of NSTDA.
Dr Phatcharinruja Juntharonanon, advisor to the Minister of Higher Education, Science, Research and Innovation presided over the delivery ceremony on Tuesday, whereas NTSDA director Dr Narong Sirilertworakul and MEA deputy governor Phattra Suwandet also joined the ceremony.
After the delivery, the ceremony participants witnessed the demonstration of E-buses, which can travel up to 250 km. per charge cycle, while each charge cycle will take around 2-3 hours to complete. The bus’s body has been made of aluminum to reduce weight and maximize power efficiency.
The City Transit E-Buses project aims to fulfill the government’s policy in promoting BCG (Bio-Circular-Green) economy and reduce the emissions of greenhouse gases and other air pollution, including the PM2.5 dust particles. It will also pave the way for Thai automakers in manufacturing electric vehicles with domestically sourced components.
For over a decade, Metropolitan Electricity Authority (MEA) has been preparing the infrastructure to support the widespread use of electric vehicles that will soon replace the internal combustion engines. MEA has installed 24 EV charging stations in Bangkok, Nonthaburi and Samut Prakan and aims to achieve the target of 100 stations within this year at convenient locations such as Chaeng Watthana Government Complex, Benchakitti Park, MEA branch offices and police stations. MEA’s EV charging stations are linked with MEA EV application to help users locate the nearest stations with ease.
MEA EV application can be downloaded for free at https://onelink.to/meaev for both iOS and Android smartphones.
Those who are interested in installing MEA-certified EV charging stations at their residences can contact MEA Call Centre 1130, or Facebook: @Metropolitan.Electricity.Authority, Twitter: @MEA_news, Line: MEA Connect.
As the first King’s College School Wimbledon International School in South East Asia, King’s Bangkok’s mission is to become one of Asia’s leading educational institutions. With almost 1,000 students on campus and growing, King’s Bangkok aims to develop independent enquirers by offering individualized care and a variety of experiences designed to help students excel. To deliver on its commitment to providing high-quality, innovative and secure learning for its teachers and students, the school partnered with Juniper to build a robust AI-driven campus network to enable rich and reliable digital learning experiences.
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