Deloitte Thailand Unveils Latest Results Digital Transformation Survey 2022

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Bangkok, Thailand – May 12, 2022 – Global businesses have been impacted by digital disruption especially over the past few years with the digital adoption rate expedited due to the COVID-19 pandemic.

Deloitte Thailand Unveils Latest Results Digital Transformation Survey 2022

Understanding of digital implementation perspectives and trends is important for companies in Thailand to gain insights on company positioning in comparison to the market.

Deloitte Thailand has been conducted a Digital Transformation survey during the past 3 years (2020-2022) with the objective to examine the attitudes towards digital transformation among companies. In 2020 and 2021, quantitative methodology was adopted with the survey questionnaires while we perceived 2022 as a critical stage of the digital transformation hence additional in-depth interviews with c-suite level respondents were applied on top of a questionnaire. The surveys emphasize on the following topics in order to draw developments of digital transformation implementation before and during the COVID-19 pandemic:

1. Exploring digital transformation implementations

2. Unlocking success in digital transformations

3. Understanding industry snapshots

After the analysis for 2022, we found that 41% of the companies perceived that digital transformation has a moderate impact for businesses. The digital transformation adopted during the COVID-19 pandemic was rather a survival mechanic in response to the situation and as a tool for future differentiation.

The rapid adoption during the early COVID-19 period with 20% companies entering ‘Becoming Digital’ phase was a reactive adoption while in 2022, 43% of companies shifted back to the ‘Doing Digital’ phase as they realized that not all technologies are applicable to the situation and are more selective in the implementation process across digital for customers, internal assets, and backend processes.

Cyber security and customer centricity are the two aspects most companies found important and prioritized as 30% of the companies have a mature digital plan, investments and innovation in place and integrate customer centricity in company DNA while 43% of the companies have a mature digital plan, investments and innovation in place and intergrade cyber security in company DNA.

In terms of technology, basic technology which are Cloud, traditional web technology and mobile application are the most popular across all sizes of companies since before the COVID-19 while data analytics, categorized as advanced technology, has gained popularity of late. The correlation between the bigger companies and the wider range of technologies invested can be found.

“Digital transformation is the key to protect your enterprise and there is no such thing as a one-size-fits-all journey to future readiness. Executives should carefully choose the one that fits their company best”, said Mr. Viney Hora, Executive Director of Deloitte Consulting.

Moreover, since 2020 human resource and digital mindset have faced challenges as in lack of internal and external expertise, immature digital culture and organization silo found in 41%, 31% and 29% of the companies respectively. It is further found that most people still perceive that digital disruption concerns the IT improvements and IT personnel only more than the overall corporate responsibility.

Narain Chutijirawong, Executive Director, Clients & Industries, Deloitte Thailand, added “Many organisations mistook digital transformation by simply doing digital things and launching new digital projects. But the pandemic shows that this is only an illusion of being digital. Critical changes are needed to the digital mindset.”

The higher digital transformation rate coupled with an immense and unforeseeable impact from the COVID-19 pandemic across all business are evident. Businesses should therefore be more vigilant about the digital transformation movement and the digital environment in the market especially during this unprecedented global event and transitional period.

For more information, please kindly register to join our Digital Transformation Survey Report 2022 webinar via this URL: https://deloitte.zoom.us/webinar/register/WN_fb5UU7z4Qk6G0JVUWuNipQ

Published : May 13, 2022

By : THE NATION

GULF achieves a new-high core profit in Q1/22 due to IPP power project and share of profit from INTUCH

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(PR News) GULF reported the financial results of Q1/22 with core profit of THB 3,257 million, an increase of 36% year-on-year (YoY) and 19% quarter-on-quarter (QoQ). The growth is mainly from the profit of Gulf SRC’s (GSRC) first unit and second unit, together with higher profit from BKR2 offshore wind power project in Germany and share of profit from INTUCH.

GULF achieves a new-high core profit in Q1/22 due to IPP power project and share of profit from INTUCH

Gulf Energy Development Plc. (GULF) reported the financial results of Q1/22 with total revenue of THB 22,453 million, an increase of 125% YoY. The growth mainly came from the revenue recognition of Gulf SRC’s (GSRC) first unit and second unit (installed power generation capacity of 1,325 MW), which began commercial operation in 2021.

Another attribution is from the higher revenue of 12 gas-fired SPPs under GMP group due to higher electricity selling price, which is in line with the higher natural gas cost, and higher volume of electricity and steam sold to the Electricity Generating Authority of Thailand (EGAT) and industrial customers, with an increase in the number of industrial customers by 34.7 MW from the automotive, chemical, electronic components, and packaging sectors.

GULF also recognized higher revenue from the 465-MW Borkum Riffgrund 2 offshore wind power project (BKR2) in Germany thanks to the improved average wind speed from 9.8 m/s in Q1/21 to 11.0 m/s in Q1/22, despite the curtailment by the German government causing the decrease in average capacity factor to 39% from 41% in Q1/21.

Nonetheless, BKR2 received full revenue compensation for the total amount of electricity that was curtailed, as if there were no curtailment. Therefore, the situation did not affect GULF’s revenue. Moreover, the share of profit from Intouch Holdings Public Company Limited (INTUCH) of THB 1,100 million also attributed to GULF’s revenue growth in Q1/22.

GULF achieves a new-high core profit in Q1/22 due to IPP power project and share of profit from INTUCH

While the gross profit from sales in Q1/22 was recorded at THB 4,453 million, an increase of 51% YoY from THB 2,941 million in Q1/21, the gross profit margin declined to 22.1%, a decrease from 33.1% in Q1/21 due to the increased gross profit contribution from IPP power project, which has a lower gross profit margin compared to the gross profit margin of BKR2 wind farm, resulting in the lower overall gross profit margin of GULF. Additionally, in Q1/22, there was a rise in average natural gas costs by 101% YoY, from 220.17 THB/MMBTU to 441.56 THB/MMBTU, while the average Ft rate increased by 0.1671 THB/kWh (from -0.1532 THB/kWh to 0.0139 THB/kWh). However, since GULF sells 87% of its electricity to EGAT, in which the cost of natural gas is passed through to EGAT, while sales to industrial customers account for only 13% of GULF’s electricity sales, the impact was limited from the spike in natural gas costs. 

In Q1/22, GULF recorded the core profit of THB 3,257 million, an increase of THB 867 million or 36% YoY mainly from the profit recognition of projects which commenced commercial operation in 2021, namely, GSRC Unit 1 and Unit 2 in March and October 2021. Moreover, the rise in core profit was also attributable to the higher profit from BKR2 and the share of profit of THB 1,100 million from INTUCH. This quarter, GULF recorded net profit attributable to the parent company, which includes the impact from FX rate, of THB 3,395 million, an increase of 108% YoY, compared to THB 1,632 million in Q1/21. 

GULF achieves a new-high core profit in Q1/22 due to IPP power project and share of profit from INTUCH

As of March 31, 2022, GULF had net interest-bearing debt to equity ratio of 1.79 times, an increase from 1.77 times at the end of 2021. This was mainly due to drawdown of loans from financial institutions for the construction of Gulf PD (GPD) IPP power plant project, with total installed power generation capacity of 2,650 MW. In February 2022, GULF issued debentures worth THB 24,000 million for business expansion and partial loan repayment.

GULF achieves a new-high core profit in Q1/22 due to IPP power project and share of profit from INTUCH

Ms. Yupapin Wangviwat, Chief Financial Officer, revealed the company’s business direction in 2022, stating, “GULF’s current focus is on decarbonization and digitalization. For decarbonization, the company emphasizes investments in renewable energy projects in Thailand and overseas including wind power projects, solar power projects, and hydropower projects. The 2 hydropower projects, namely, Pak Lay project and Pak Beng project in Laos have entered into a Tariff MOU with EGAT in January and April this year and plan to sign a Power Purchase Agreement (PPA) with EGAT within Q2/22.

“Regarding digitalization, GULF has expanded the business into digital infrastructure and blockchain technology. In early 2022, GULF, together with AIS and Singtel, signed the Joint Development Agreement to establish a data center business in Thailand, which is currently in the process of site selection and the construction is expected to start later this year. Moreover, in April this year, Gulf Innova entered into a Shareholders’ Agreement with Binance to jointly develop a digital asset exchange business in Thailand, which is currently in the process of applying for licenses from relevant agencies. GULF also invested in a regulated digital asset exchange in the United States of America (Binance.US) and BNB, signifying our participation in the Binance ecosystem, the world’s leader in blockchain infrastructure technology. GULF regards cryptocurrencies and tokens as one of the future funding alternatives and this sector still has a lot of potential for growth in Thailand.”
 

Published : May 13, 2022

By : THE NATION

Huawei hosts Global Rail Summit 2022 in Bangkok

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(Bangkok, May 11) The Huawei Global Rail Summit 2022 brought together industry leaders, major stakeholders, key customers, and authoritative organizations to discuss the future of the rail industry in the Asia Pacific region. The Summit looks to invigorate the digital transformation of rail enterprises in the region and globally. Huawei uses the latest ICTs to help cities in Southeast Asia upgrade their infrastructure, creating new momentum for urban development and a digital APAC.

Huawei hosts Global Rail Summit 2022 in Bangkok

Asatellite event to the long-standing Asia Pacific Rail 2022, the Summit was themed Driving Digitalization in Future Rail to Create New Value Together. Asia Pacific Rail is a long-standing event in the region, which has brought together over 25,000 industry leaders over the past 23 years. Huawei also hosted a booth at the event, showcasing some of the company’s cutting-edge portfolio of rail industry solutions.

“As a leading global ICT solution provider, Huawei proposes smart railway and urban rail solutions with a full-service architecture based on diversified connectivity and unified digital platform, enabling rail digitalization and business intelligence.” said Aaron Wang, Huawei’s Senior Vice President for the Asia Pacific Enterprise Business Group.
 

“We are seeing a rapid increase in the digitalization of rail transport. Both railways and urban rails are shifting away from station-specific systems to using rail cloud infrastructure to interconnect services. There is also a push toward smarter, more integrated systems. We foresee these being rolled out on a large scale in the near future, which is why Huawei is already designing and launching intelligent, comprehensive solutions for the industry,” said Xiang Xi, Vice President of the Huawei Global Transportation Business Unit.

The Huawei Global Rail Summit 2022 followed a packed agenda on innovation, digitalization, and future-proof rail transport. 

Li Zhonghao, Director of the China Association of Metros, shared China’s experience in the digital transformation of metro systems. The State Railway of Thailand and CRSC International looked at strategies to reshape connectivity, deploy innovative ICTs, and build robust communication infrastructure for railways. 
 

The Huawei Global Rail Summit also saw the launch of the Future Railway Mobile Communications System (FRMCS) White Paper. Fresh off the press, the paper discusses the latest trends and innovative practices in mobile communications systems for railways and metro systems. Aimed at decision-makers and industry leaders, it sums up some of the most prominent technologies in the field today as well as sharing best practices on deploying top-of-the-line communications solutions.

In addition, Huawei also shared several best practices and showcased its solutions at a booth at the Asia Pacific Rail 2022. One of the highlights was the Urban Rail Wi-Fi 6 Vehicle-to-Ground Communication Network Solution. The solution enables near-real-time data transmission for rail transport. This vehicle-to-ground communication network is a whole new way for trains to share data, ensure safety, and promote efficiency. Trains can communicate with stations and command centers even when traveling at high-speeds, nearly eliminating information transmission delays.

The Summit demonstrated the industry’s consensus on the need to go digital, and to do so quickly. Huawei looks forward to continued cooperation with industry customers and ecosystem partners. Huawei delivers innovative digital infrastructure to help the rail transport industries in the Asia Pacific region and around the world go digital. The company’s low-carbon, smart rail solutions offer improved safety, efficiency, and experience, boosting urban development and creating new value for the industry to create digital city together.
 

Published : May 13, 2022

By : THE NATION

PTT Group subsidiaries see 24% profit fall in first quarter

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Six listed companies under PTT Group earned a combined net profit of THB27.5 billion in the first quarter, a 24 per cent decline from THB36.2 billion during the same period last year.

PTT Group subsidiaries see 24% profit fall in first quarter

PTT Exploration and Production (PTTEP), PTT Oil and Retail Business (OR), PTT Global Chemical (PTTGC), IRPC Pcl, Thai Oil, and Global Power Synergy (GPSC) reported their performance to the Stock Exchange of Thailand.

Analysts on Thursday forecast continued growth in the second quarter, as global fuel prices remain high – above US$100 (THB3,472.50) per barrel.

Kitichan Sirisukarcha, head of retail research at CGS-CIMB Securities (Thailand), said the high global oil prices would boost domestic retail prices.

He said PTTEP and the group’s other oil-related businesses would see increased profits in the second quarter due to higher demand resulting from an economic recovery following Thailand’s reopening.

However, the outlook for PTT Group’s petrochemical business would not be so bright due to higher costs incurred from increased oil prices, the senior analyst said.

Meanwhile, Yuanta Securities vice president Natapon Khamthakrue said PTTEP’s profits were higher than expected, while the performance of most other companies in the group was not beyond expectations.

He believed the petroleum giant’s profits in the second quarter would stabilise or decline as oil prices were unlikely to increase at the same rate experienced earlier this year.

However, Natapon expected PTT’s refinery businesses such as PTTEP and Thai Oil to gain higher profits in the second quarter.

Jakapong Chawengsri, an analyst at Kasikorn Securities, said PTTGC and OR profits in the first quarter were higher than expected, while GPSC’s profit was lower.

He expected net profits of PTTEP and GPSC to recover in the second quarter.

Published : May 12, 2022

Food security, free trade on agenda of Apec ministers meeting in Bangkok

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Food security, digitalisation, and Free Trade Agreement in Asia Pacific (FTAAP) will top the agenda when Thailand hosts a meeting of Apec Ministers Responsible for Trade later this month.

Food security, free trade on agenda of Apec ministers meeting in Bangkok

Supant Mongkolsuthree, who heads the Asia Pacific Economic Cooperation (Apec) Business Advisory Council (ABAC), said that due to the Russia-Ukraine war, many countries were faced with food and supply shortages. So, the issue is quite urgent for Apec members to discuss in order to find some solution to help stabilise the region’s economy.

He added that digital transformation and further consideration of a free trade area are also needed in the discussion. Digitalisation would sustain growth while more fairness and openness of FTA would support the flow of trade and people. This is a desperate need in the current situation after being severely impacted by the Covid-19 pandemic, he said.

“As a collective force representing the leading growth drivers from 21 economies of the region, the ABAC is committed to upholding not only our own respective businesses but also the business of those people for whom our businesses exist.

“Having been at the receiving end of serious challenges brought about by the global pandemic and other events that affected business operations worldwide, people’s lifestyle, and the sustainable, inclusive and resilient growth of Asia-Pacific, we consider it an opportune time to work together to draft key recommendations that truly represent the voice of the people to the Apec economic leaders in an annual dialogue towards the end of 2022,” said Suphant.

Three major topics have been selected out of eight recommendations that ABAC members had discussed at its second meeting in Canada last month. The eight recommendations to deepen economic integration in the region included: building preparedness against future pandemic shocks; realising the path to an FTAAP; supporting the World Trade Organisation and advocacy for the rules-based multilateral trading system; strengthening services trade; reopening borders for safe and seamless travel; addressing climate change, food and energy security through trade; advancing digital governance; and enhancing Micro, Small and Medium Enterprises’ participation in international markets.

However, of the eight, the focus would be on three topics when the Apec Ministers Responsible for Trade meet in Bangkok on May 21-22.

The members of the ABAC, under Thailand’s leadership, have worked together under five working groups guided by five strategic frameworks to enable stronger regional economic integration, elevated digital capabilities, better-equipped businesses of all sizes, advanced sustainability practices, and resilient financial ecosystem throughout interconnected Asia-Pacific communities, Suphant said. 

Through rounds of meetings, each working group has contributed key developments critical to drafting the best community-centric recommendations for Apec economic leaders, he added.

Published : May 13, 2022

By : THE NATION

Baht slides to lowest level in five years

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The baht opened at 34.73 to the US dollar on Friday, weakening slightly from Thursday’s close of 34.71 to its lowest value in five years.

Baht slides to lowest level in five years

The currency is expected to move in a range between 34.65 and 34.80 on Friday, said Krungthai Bank market strategist Poon Panichpibool.

Poon said that the baht could fluctuate and weaken further as the dollar is strengthening and the Asian currency market remains in a risk-off state.

He advised monitoring foreign transactions, especially in Thai stocks. However, any short-term weakening of the baht would be limited unless foreign investors sell a large quantity of Thai assets, he added.

Meanwhile, exporters are waiting to sell the dollar at the resistance level of 34.75.

Poon advised businesses to use hedging tools such as options to manage risks in the highly volatile currency market.

Published : May 13, 2022

By : THE NATION

Economy will not recover quickly: Finance Minister Arkhom

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The Thai economy will not recover quickly even though exports are likely to expand, Finance Minister Arkhom Termpittayapaisith said on Wednesday.

Economy will not recover quickly: Finance Minister Arkhom

He pointed out that tourism has not fully recovered yet as about 700,000 tourists entered the country in the first four months.

“We expect about 2 million tourists to visit Thailand this year compared to the previous up to 40 million annually,” he said.

“However, we believe more tourists will enter Thailand with the country fully reopening [from May 1].”

Arkhom went on to say that Thailand’s economy has been affected by rising energy and fresh food prices since the beginning of the year, causing inflation to rise to 5 per cent.

He noted that energy prices have risen sharply due to the Russia-Ukraine war, but said the government had launched measures that include lowering the diesel price to mitigate the impact on the cost of living.

“However, it is necessary to spend more cash to maintain the diesel price at THB30 per litre as the oil price will keep rising,” Arkhom pointed out.

He emphasised that the Finance Ministry needs to take care of the economy while launching measures to ease the impact on citizens to prevent increased financial burden in the future.

Arkhom said the government and business sectors must adapt to a digital economy and society, climate change and an aging society in order to boost economic growth.

“However, the government will invest in infrastructure to boost the country’s competitiveness,” the minister said. “Meanwhile, the Finance Ministry will help facilitate private sector business operations,” he added.

Published : May 12, 2022

By : THE NATION

Open the new experience with Bitkub Blockchain Technology

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The new experience with Bitkub Blockchain Technology via the project on Bitkub Chain only at Crypto Expo Event In Bangkok on May 12-15, 2022!

Open the new experience with Bitkub Blockchain Technology

Bangkok, 11 May 2022 — Bitkub Blockchain Technology (Bitkub Chain developer and Blockchain Total Solution Provider) open the new experience via the project on Bitkub Chain at Crypto Expo only on May 12-15, 2022 from 10.00-20.00 o’clock at Bitec Bangna (booth number CL06 hall 98-99) 

Bitkub Blockchain Technology on Thailand Crypto Expo 2022, for the first time blockchain technology, will be introduced to the world at the same level in Thailand along with open the new experience via the project on Bitkub Chain through KUB coin utility with regards to 4 activities zone.

Open the new experience with Bitkub Blockchain Technology

GameFi zone
    
Let’s open a new dimension of the gaming experience with digital assets as a reward with 3 famous games on Bitkub Chain. Firstly, Morning Moon Village is an exploration farming game which revolutionizes the traditional DeFi yield-farming project with game mechanics and full 3D graphics. The game features NFT rewards in which the players can leverage the NFTs during the farming process. Secondly, the Dice Kingdom, a board GameFi that has players roll the dice and get the block events to compete with friends on the blockchain network. Thirdly, FANS Dungeon is an influencer hero building team with dungeon exploration. With all these games, the users can enjoy those for free in the GameFi zone. After finishing the trial from the games, the users will receive the NFT key as a reward to redeem a special gift at the event.

NFT Creator Studio zone
    
With the first time grand opening to the users, NFT Creator Studio will allow any users to mint NFT on their own. In addition, NFT Creator Studio is a new feature on “Bitkub NFT”, the NFT leading platform in Thailand, which will be rolled out soon in the near future. Also, on the NFT Creator Studio zone, the users will be able to receive free NFT to set as profile pictures on social media by using the Bitkub NEXT wallet. After finishing the trial from this zone, the users will receive the NFT key as a reward to redeem a special gift at the event.

Metaverse zone
    
With the first time grand opening to the users, Bitkub Metaverse will allow the users to open new experiences in the virtual world via VR technology. After finishing the trial from this zone, the users will receive the NFT key as a reward to redeem a special gift at the event.

Merchandise Store by Bitkub Academy zone
    
In this zone, the users can enjoy shopping for merchandise from the Bitkub Academy zone. Indeed, after collecting all NFT keys, the users can redeem them for a special gift which is the “DEV KUB Hybrid shirt limited edition”, exclusively for developers. In the future, the owner of this limited shirt will be allowed to participate in the Bitkub Chain developer project. After finishing the trial from this zone, the users will receive the NFT key as a reward to redeem a special gift at the event.
    
Do not miss it! Let’s join Bitkub Chain at the event and collect all NFTs for special gift redemption including DEV KUB limited edition shirt, Bitkub M Social privilege, NFT from PunkKUB and another special gift from Bitkub Chain.

Open the new experience with Bitkub Blockchain Technology

Follow for more news and updates


Website : https://www.bitkubchain.com/ 

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Published : May 11, 2022

Medeze enjoys 25% growth, claims BIOlongevity leadership in Thailand, Asean

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Medeze Group Co Ltd has announced revenues of more than 500 million baht in 2021, a 25-per cent increase over the previous year.

Medeze enjoys 25% growth, claims BIOlongevity leadership in Thailand, Asean

More than 28 per cent of the income came from the NK Cell analysis business of Medeze NK Co, Ltd, part of the Medeze Group, totalling over 140 million baht.

The company said in a press statement that it was able to increase the number of clients to an average of three to four people per family in response to the trend of health awareness that has occurred both in Thailand and other nations across the world following the Covid-19 pandemic.

Medeze Group, which has won international quality assurance awards in stem cell banking, sorting, culturing, and comprehensive research, plans to expand its business operations in Asean countries as well as in China, Taiwan, and the Middle East, the company said.

The expansion will focus on opening its own state-of-the-art laboratories throughout the region by 2027, the company added.

To draw more clients, the company has released a new thematic commercial film under the tagline: “Live A Better Tomorrow”.

The TV commercial film is being broadcast on online media nationwide to try to penetrate the market by reaching customers with high income, who are focusing on body deterioration rehabilitation, building a long and healthy life, as well as the beauty-conscious ones who want to always look youthful.

Medeze enjoys 25% growth, claims BIOlongevity leadership in Thailand, AseanThe company said it expects to grow by 100-200 per cent by the end of 2022 to emphasize Medeze Group’s image and significant potential as “the first and only brand in Asean to offer longevity to mankind with BIOlongevity technology”.

Dr Veerapol Khemarangsan, Executive Director & Chairman of the Board, Medeze Group, said his company has the largest number of stem cell collections in Asean to serve its customers.

“Committed to delivering new options that enable people to live longer and live a better tomorrow through the most comprehensive innovation of ‘BIOlongevity’, we now have the largest total number of stem cell collections in the Asean region,” Veerapol said.

“We have earned the trust of customers all over the world because every process, from deposit to cell culture, is based on research that has been accredited by various leading institutions around the world.”

He said his company has won several international quality assurance awards, including Frost & Sullivan’s Thailand Stem Cell Banking Company of the Year Award for four consecutive years, the World Branding Award by World Branding Forum, the Southeast Asia Stem Cell Banking Technology Innovation Leadership Award, and, most recently, the American Association of Blood Banks (AABB), the world’s most prestigious blood bank accreditation.

“It is a quality standard that encompasses the entire process of cord blood-related activities, from long-term storage through transportation to support treatment for inpatients all over the world,” Veerapol said.

He said his company won a net profit of 123 million baht in 2021, growing more than 20% from the same period last year.

“Our significant income boost is due to the total amount of stem cell deposits from adipose tissue, which increased the number of customers more than threefold on average, or three to four people per family, compared to when we only gained one client per family from the collection of stem cells from newborn umbilical cord tissue,” Veerapol added.

Veerapol said his company, which operates in the Healthcare Innovation sector, is expanding in response to the Covid-19 pandemic.

Medeze enjoys 25% growth, claims BIOlongevity leadership in Thailand, AseanHe said the majority of revenue has still been generated by the vast volume of stem cell preservation and culture in Thailand as well as the market in ASEAN nations, such as Vietnam, Myanmar, Singapore, Cambodia, Indonesia, and Taiwan.

“We offer storage for hematopoietic stem cells (HSC) derived from erythrocytes and mesenchymal stem cells (MSC) obtained from umbilical cord tissue and fat,” Veerapol said.

“Above all, Medeze Group is the world’s first company to provide commercial examination of natural killer cell (NK Cell) activity. One of our unique selling points is that we offer a comprehensive cell storage solution for up to 60 years.”

Veerapol said Medeze Group employs a large number of scientists and highly qualified professionals in the field so it is confident that it is the only company in Asean that offers a 30-year warranty on cell quality. “Every 5 years, we also conduct a cell quality assessment process that involves randomized thawing of frozen cells for rigorous quality checks in all aspects,” Veerapol said.

“We have a strong network of biotechnology physicians, researchers, and professionals, as well as the company’s own largest Class 100 Cleanroom sterile laboratory in Southeast Asia.”

Veerapol said Medze Group’s facilities are fully equipped with the most advanced equipment and technology in the stem cell banking industry, such as the AXP AutoXpress Platform, which reduces human error and external contamination, and the Quantum Automated Machine used to culture stem cells from tissues in a short period of time.

Veerapol also unveiled Medze Group’s  business strategy for 2022, saying the company will try to increase its presence in Asean countries, as well as China, Taiwan, and the Middle East.

“We will expand the investment budget for research and development and push forward with the establishment of the company’s owned laboratories in various countries to cover the entire region during the next 6 years, in order to create a 100-200 per cent growth this year,” Veerapol said.

“We will commence the building of our lab facilities in Dubai, United Arab Emirates, in 2023; in Shenzhen, China, in 2024; in Indonesia, in 2025; in Vietnam, in 2026; and in Taiwan, in 2027.

”As one of the Thai enterprises experiencing exponential growth in the midst of the New Economy, our performance demonstrates our potential to contribute to the expansion of the stem cell development industry in Thailand, which will proudly enter the world-class arena.

Published : May 11, 2022

Finding A Successful International Middle Years Curriculum in Bangkok

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(PR News) Middle years is a difficult age to teach since students are learning a lot both academically and socially. They are starting to understand the world in new ways and discover a lot about themselves. 

Finding A Successful International Middle Years Curriculum in Bangkok

While teaching middle years can be challenging, it can also be very rewarding when using the right curriculum and right approach to connect with this age group. This article will outline some of the best ways to approach teaching an international middle years curriculum in Bangkok.

Increased Autonomy


Middle years students in Bangkok are starting to gain more independence and critical thinking skills, so any good international curriculum should reflect this and help them transition away from primary school to a new, more autonomous learning environment.

This can involve more projects where they pick their own topics or are in charge of more elements of what and how they learn. Providing options of which books to read or which subjects are prioritized can help middle years students to feel more involved in their education. This is extremely important for helping students build self-confidence and develop the skills for a successful future.

Student-Centered Discussions


Having more in-class discussions is a great way for an international curriculum in Bangkok to help middle years students to explore and develop opinions and critical thinking abilities. Critical thinking is essential for all students to become effective members of society, especially for those who want to continue into higher education after graduation.

Middle years is the perfect time to start really developing these skills and teaching students how to have debates and discussions. The ability to think about and make tough decisions will be useful to students throughout life. Furthermore, it helps introduce students to some of the topics that will be part of their lives as adults.

Make Connections


Another essential part of a good middle years international curriculum in Bangkok is helping students start making connections between different subjects they are studying. When they move into the real world, they will find that many elements of life are connected and influence each other. Introducing this concept early on helps students understand the big picture better in adulthood and make important connections throughout their lives.

Whatever curriculum you use to teach your international middle years students in Bangkok, the most important thing is to do is make sure you create a safe, open environment that allows students to ask questions and explore new topics in a variety of ways. 

It’s important for this age group to feel comfortable learning through experience and beginning to have deep discussions about topics that spark their curiosity. Ensuring that students feel safe and comfortable is a great way to promote their learning and allow them to find interest in their education.

Published : May 11, 2022