Data released by the National Economic and Social Development Council shows that some 37.9 million people or 98.1 per cent of people in Thailand were gainfully employed in the fourth quarter of 2021.
This was slightly higher compared to 98 per cent in the last quarter of 2020 and 97.6 per cent in the third quarter of 2021.
As of the fourth quarter of 2021, 1.64 per cent of the working-age population or some 630,000 people were unemployed, with 380,000 of them having lost their job.
Meanwhile, the labour sector has expanded by 4.1 per cent with new graduates joining it. However, up to 49.3 per cent of them have degrees in business and social science, which does not match the demands of the labour market.
Of the unemployed population, 2.27 per cent have been relying on benefits from the social security scheme, though this number has been dropping for the past five quarters.
Separately, Thailand’s Wage Committee set a new minimum daily wage rate on January 1, 2020, but the rate allocated was different in each province.
The provinces with the highest minimum daily wage are Chonburi and Phuket at 336 baht, while the lowest at 313 baht are Narathiwat, Ayutthaya and Pattani. Bangkok and its adjacent provinces come in somewhere in the middle with 331 baht.
The Metropolitan Electricity Authority (MEA) is offering incentives for customers who switch from paper bills to electronic bills.
The first 6,000 users who register for the MEA e-Bill scheme will receive 140 PTT Blue Card Points for discounts and privileges at participating restaurants, theatres, hotels and stores.
Switching to electronic bills will save on paper and reduce deforestation, MEA said.
The agency, which is responsible for distributing electricity in Bangkok, Nonthaburi and Samut Prakan, said its new system will make bill payment more convenient for customers in line with the Thailand 4.0 strategy and digital government plan.
“Apart from facilitating electricity users, it also helps reduce carbon dioxide emissions and garbage volume,” MEA said.
Under a separate campaign, customers who sign up for e-bills and register at https://eservice.mea.or.th/measy will get 500 MEA Points and another 500 points after joining the MEA Point programme. The 1,000 points can be redeemed for a 100-baht reward. Registrants will get another 80 points each time they make their payment via e-bill, or 50 points after paying via other channels.
Total spending on the government’s three consumption-stimulus schemes reached 70.45 billion baht as of April 30, according to the Finance Ministry.
The “Khon La Khrueng” (Let’s Go Halves) co-shopping scheme accounted for more than 85 per cent of total spending, with 61.83 billion baht – 31.49 billion baht spent by its 26.27 million registrants and 30.34 billion baht covered by the government. Under the scheme, the government covers 50 per cent of bills for basic necessities including food, capped at 150 baht per day and 1,200 baht per person.
The other two campaigns grant funds to state welfare card holders and people in vulnerable groups to spend at participating shops. The 13.37 million state welfare card holders have spent 7.91 billion baht while 1.31 million people in vulnerable groups have spent 704.9 million baht.
The Finance Ministry said most of the subsidy was spent at food and beverage vendors (25.74 billion baht), followed by general shops (21.28 billion baht), Commerce Ministry Blue Flag shops (10.74 billion baht), OTOP shops (2.83 billion baht), service providers (1.1 billion baht), and public transport (117.4 million baht).
The three campaigns, the latest phases of which ended on April 30, saw a total of 40.95 million people exercise their rights under the government’s plan to boost domestic consumption amid the economic recession due to Covid-19.
Bitkub Blockchain Technology, Bitkub Chain and Blockchain Total Solution Provider which aims to be an infrastructure of the Thai blockchain ecosystem by allowing anyone to interact with decentralized applications, has been operating for 1 year on April 28, 2022.
In the past 1 year, there were serveral special events on Bitkub Chain.
The first block on Bitkub Chain To begin with, the first block on Bitkub Chain was generated on April 28, 2021 at 1:23 PM. via Proof-of-Authority (PoA) consensus which was validated by 11 Node Validators to strengthen a network protocol on Bitkub Chain. This event was the beginning of a big move on Bitkub Chain.
Bitkub Chain Scan (BKC Scan) Within the same day (April 28, 2021), Bitkub Chain Scan (BKC Scan) publicly opened for the first time and let the users access to the digital token contract address in which they can monitor the blockchain transactions via “Bitkub Chain Block Explorer Mainnet”. For instance, the users can monitor the block minting rate, transaction and digital tokens. Bitkub Chains scan also provide the testnet for developer named “Bitkub Chain Testnet” to effectively run and test the project on Bitkub Chain.
Digital asset wallet (Bitkub NEXT) On May 7, 2021, Bitkub NEXT, the digital asset wallet on Bitkub Chain was publicly announced. Initially, Bitkub NEXT can only use via web browser and android application in which the IOS application will be launched soon according to the roadmap. At present, Bitkub NEXT can be globally used for 80 countries and there are about 933,141 users on Bitkub NEXT. (*Updated on April 25, 2022)
FANS Token On the same day (May 7, 2021), FANS Token, digital collectible and non-fungible token (NFTs) market, was also publicly announced. FANS Token marketplace operates on transparent and secure blockchain technology. To clarify, FANS Token is an official encrypted digital currency within the FANS Ecosystem, which includes a few key elements, including but not limited to token distribution system, digital wallet, trading platform, digital asset creation platform, NFT marketplace, community platform, as well as reward redemption mechanism. The users can enjoy several activities from Thai influencer such as Kaykai Salaider, Bie The Ska, Pleum VRZO, Kyutae Oppa and SpriteDer SPD.
KUB Coin Followed by the announcement of KUB coin, a native coin on Bitkub Chain for several utilities such as gas fee, fee credits, lock & drop and redemption for partners’ services and products. KUB coin initially open for trading on May 20, 2021 on Bitkub Exchange.
Developer Program On May 20, 2021, Bitkub Blockchain Technology announced “Developer Program” for blockchain developer. The developer program contains several tools such as API references, Bitkub Chain testnet, and project identification and registration. This will give a good opportunity to blockchain developers to effectively develop the project on Bitkub Chain.
PUBG esports NFT On August 17, 2021, PUBG esports NFT was publicly announced under a cooperation between Bitkub Blockchain Technology and Invate x FPS Thailand. The several NFTs special cards includes player cards, caster cards, item cards and weapon cards were minted and airdropped to the users via QR scanning. This event was a big move of esports industry as being an early stage mover of minting new digital asset via the supportance from smart contract and blockchain technology.
Lock KUB & Get BONUS On September 1, 2021, Lock KUB and Get BONUS feature, one of the main utility of KUB coin was publicly announced. It is the first activity on Bitkub Chain opened for investors to lock KUB as bonus earning rewards. At present, there are 2 types of bonus which are KBTC and KUSDT (wrapped coins with KAP-20 technology).
Miss Universe Thailand NFTs collection (MUT NFT) On October 7, 2021, MUT NFTs collection was officially announced under the supportance from Bitkub Blockchain Technology. The collections regards to Miss Universe Thailand 2021 pageant with a special value given to the main collectors and fans. Miss Universe Thailand NFTs collection developed by Bitkub Blockchain Technology under decentralized network protocol called “blockchain”. The collectors and fans can feel a sense of the value and story alongwith getting closer to the contestants. Moreover, not only MUT NFTs collection was minted but the MUT crown item was specially introduced for gamer in Morning Moon Village as the special collection items.
Morning Moon Village A month later, on October 26, 2021, Morning Moon Village, the first GameFi on Bitkub Chain was publicly announced. It is an exploration farming game which revolutionizes the traditional DeFi yield-farming project with gaming mechanics and full 3D graphics. The game features NFT rewards in which the players can leverage the NFTs during the farming process.
Bitkub NFT Along with the announcement of Bitkub NFT on October 26, 2021. The primary non-fungible token (NFTs) platform that uses blockchain technology for data storage and maintains transaction record. It allows the users to virtually owned digital assets without consent from any entity. Indeed, it is the platform where NFTs are more than digital arts. As a result, Bitkub NFT is a big move on Thai’s NFTs market as followed by the new feature and innovation in the future.
Bacon Time : Cheers to Earn On February 3, 2022, Bitkub Blockchain Technology together with Bacon Time revolutionized esports industry again and publicly announced “Cheers to Earn” activity. An activity for voting the score on ROV Pro League 2022 Summer by using Bitkub NEXT and earn a reward as KUB coins.
Thai League NFT Within the same month (February 26, 2022), “Thai League NFT” was publicly announce with the cooperation between Bitkub NFT and Football Association of Thailand. The special 1.2 million NFTs comprise of top 16 Thai League football team (Rivo Thai League) can be collected by the fans using Bitkub NEXT and enhance the new dimension of experience of football supporters. In each NFT, there are a football power stat, which the fans can collect these NFTs to gain a top rank every month.
BKC Port On March 4, 2022, Bitkub Ventures (under Bitkub Capital Holding Group) invests in Loremboard Co., Ltd., and officially announced “BKC Port”. BKC Port is the data analytics tools for investors to help in portfolio management. It is the platform on Bitkub Chain, which shows the overall asset to help monitor revenue, profits, loss, coin price, opportunity cost and other useful tools.
BKC Oracle Followed by BKC Oracle on March 25, 2022, an important tool for developing smart contracts or dApps. It is a medium that bridges the data from off-chain to on-chain via smart contracts. This allow the blockchain developer to connect the secure and up-to-date data on Bitkub Chain infrastructure more easily. Also, BKC Oracle is the project developed by Loremboard team via the support from Bitkub Venture, the venture capital company under Bitkub Capital Group Holdings Co., Ltd. BKC Oracle will be the main infrastructure on Bitkub Chain connected the data from the real world to blockchain that support blockchain developers to use the tools and platform more efficiently. The obvious example could be “Data Feeds”, the leading feature on BKC Oracle that can extract cryptocurrency price data from off-chain in a real time within a couple minutes.
The first block on Proof-of-Staked-Authority (PoSA) consensus On April 1, 2022, 5519559 is the first block on Bitkub Chain after a change from Proof-of-Authority (PoA) to Proof-of-Staked-Authority (PoSA) consensus under a new radical changes announcement of network’s protocol called “Erawan Hardfork”. The purpose is to maximize the efficiency of the blockchain network and prepare for mass adoption in the near future.
With our intention, we thrive to be the digital infrastructure for mass adoption in Thailand and provide utility globally. With respect to our vision, we intend to democratize opportunities for everyone to have real ownerships and rights to their own digital assets or creations transparently without the need to trust in any single entity. Everyone must be able to transact easily and swiftly without knowing that there is a blockchain behind. We have a tremendous desire to show real economic value via a real-life and impactful use case for businesses.
Shareholders of Nation Multimedia Group Plc (NMG) have voted in favour of a proposal to change the company’s name to Nation Group (Thailand) Plc (NATION).
Chief executive officer Shine Bunnag has said a meeting on Friday saw shareholders unanimously approve the change of name, which will facilitate the company’s business restructuring plan under the “One Nation” policy.
“Nation Group is moving forward into the new landscape of the future while maintaining its role as an impartial and socially responsible media operation,” he said.
“The One Nation policy will combine our strengths and create a business synergy between eight media outlets under Nation Group, namely Krungthep Turakij, Kom Chad Luek, Nation Thai News, Nation TV 22, The Nation Thailand, The People, Khob Sanam, and Spring Online.”
Nation Group had earned the public’s trust as a fixture of Thailand’s media scene for the past 51 years, recognised for its commitment to the nation and its people, added Shine. “With the implementation of this policy, Nation Group will emerge with a strong financial status and cashflow, all set for future business expansion,” he said.
“We expect the new business structure to be completed within May.”
On Friday, NMG shareholders also voted to approve the purchase of 85.99 million shares of NBC Next Vision Ltd (NNV), or 99.99 per cent of its registered capital worth Bt239.72 million. Meanwhile they approved a Bt221.3 million loan for NNV to settle a debt with its parent, Nation Broadcasting Corporation Plc (NBC).
NMG shareholders also voted to sell 691 million shares or 61 per cent of NBC to Boonuea Chitthanom and Natthaphong Sitaworarat at Bt1.30 per share in a deal worth Bt898.3 million. Boonuea and Natthaphong are major shareholders of One to One Contacts Plc.
Both deals are expected to be completed before the end of July.
(PR News) Mr. Chatree Wattanakhajorn, Deputy Permanent Secretary for the Bangkok Metropolitan Administration (BMA), presided over the opening ceremony of the “The First Bangkok Zero Waste Park” project implemented by the BMA to promote waste separation behavioral change in public places at the area of Benchasiri Park.
It is chosen to be a pilot area because this public park passed the Good Level of the Green Office Evaluation Criteria in 2020. It is also a public park located at the heart of the city with a large number of service users and surrounded by shops and business establishments whose owners and business operators have high potential to support the project.
In the past few years, due to COVID-19 situation, urban activities organized by business sector as well as tourism and service sectors had been reduced and it had also resulted in the decreasing number of waste. However, the BMA continues to focus on its mission to effectively manage waste and to make waste management sustainable in order to reduce the amount of waste brought to the final disposal to be as less as possible. Therefore, the BMA has been trying to encourage and promote the role of all sectors, be it government sector, private sector, or civil society, to become aware and see the importance of waste management and separation and change the behavior to reduce and separate waste at the source in order to reuse waste as renewable resource as much as possible.
The “Bangkok Zero Waste Park” project is implemented to promote behavioral change in waste separation in public areas. It is the cooperation between the BMA and its private sector network partners to encourage and promote the project. For example, new prototype waste containers are placed in 8 points inside Benchasiri Park so that the park service users suddenly realize and change their behavior to correctly separate and dispose waste. Signs are also installed to provide knowledge on waste management and to show the amount of waste that has already been separated in order to show the tangible result.
Moreover, a learning center is built inside Benchasiri Park to demonstrate the real use of waste that are separated in each category. The learning center is divided into 5 zones, namely 1. Exhibition and activity zone, 2. Recycle zone for displaying the garbage collection and recycling, 3. Organic zone displaying how to process the organic waste in various ways, 4. General waste zone showing the collection of general solid waste before sending to the disposal, and 5. Vegetable plot zone where the service users can constantly participated in the park’s activities.
The BMA will expand the idea of this project to other public parks and areas in the future.
Three electricity authorities have joined hands with automaker GWM to drive forward electric vehicle (EV) development in Thailand.
Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow on Wednesday witnessed the signing of a memorandum of understanding between the Metropolitan Electricity Authority (MEA), the Provincial Electricity Authority (PEA), the Electricity Generating Authority of Thailand (Egat) and Great Wall Motor Thailand (GWM) to promote cooperation in development of EV technology and charging stations in Thailand.
The MoU signing ceremony took place at GWM Experience Centre located in Iconsiam shopping centre. The vice president of Great Wall Motor, Michael Chong, MEA governor Wilas Chaloeysat, Egat governor Boonyanit Wongrukmit, and PEA governor Supphachai Ek-Oon took part in the MoU signing ceremony.
“The MEA is a state enterprise that has been committed to promoting EV usage in Thailand for more than 10 years,” said Wilas. “The cooperation between the electricity authorities and Great Wall Motor will help prepare the country for the transition from internal combustion vehicles to electric vehicles on a large scale.”
Wilas added that the MEA will bring its experience and knowledge in EV technology that it has accumulated in the past decade to work with the PEA, Egat and GWM to promote the policies of the National Electric Vehicle Policy Committee under the Ministry of Energy, which is targeting at least 30 per cent of the country’s total automotive manufacturing output by 2030 to be zero-emission vehicles.
“This goal will bring Thailand closer to a low carbon society and fast-track us towards the target of carbon neutrality by 2050, as per the government’s pledge to the 26th Conference of the Parties to United Nations Framework Convention on Climate Change (COP26) held late last year in Glasgow, Scotland,” said Wilas.
The MEA governor elaborated that under the MoU, the authority will work with EV manufacturers to build an EV ecosystem to support the use of EV among motorists in Thailand, as well as attract new users.
“Via this ecosystem, EV users will be able to exchange information regarding each model of EV, explore the locations of EV-charging stations along their travel route, and exchange knowledge related to EV topics, such as the environmental impact of reusing and recycling EV batteries.”
The MEA is currently planning to upgrade the existing power grid in big cities into a Smart Metro Grid, which will help facilitate the public’s application to install EV-charging stations for either home or business use. In the future, the MEA will also expand its EV-charging stations to cover all areas of Bangkok, Nonthaburi and Samut Prakan provinces. All MEA-certified stations will be listed on the MEA EV application while EV users can conveniently locate the nearest stations from their smart phones.
If you are interested in installing EV-charging stations, contact MEA Call Centre 1130, Facebook @ METROPOLITAN.ELECTRICITY.AUTHORITY, Line: MEA Connect, Twitter: @mea_news.
“Eat Out with Marriott Bonvoy” offers three tiers of culinary promotions throughout May and June 2022, at almost 40 hotels and resorts across the Kingdom.
[PR News] 26 April 2022, Bangkok, Thailand – Marriott Bonvoy is celebrating the timeless pleasures of good company and great gastronomy in Thailand this May and June, with the launch of “Eat Out with Marriott Bonvoy”, a nationwide food festival that promises a series of rewarding dining discounts for Marriott Bonvoy members at almost 40 hotels and resorts all across the Kingdom.
Running from 1 May to 30 June 2022, this two-month epicurean extravaganza will showcase the finest cuisine from Marriott’s hotel restaurants. Diners can take advantage of a trio of appetizing promotions: Tier 1 offers diverse culinary experiences for just THB 950, Tier 2 is priced at THB 1,150, and Tier 3 is available for THB 1,450, a fantastic discount of between 20% and 50%! These promotions apply to an amazing array of F&B events and delicious dishes at participating restaurants and bars.
In Koh Samui for example, a Tier 1 promotion is available at Long Talay, the beachside restaurant at Sheraton Samui Resort & Spa, which is offering a Southern Thai Set Menu for two people for just THB 950 – a 25% discount compared to the usual price. Up at Le Méridien Chiang Mai, Favola is offering an Italian Family Set Menu including a salad, antipasti, pasta, pizza and dessert for the Tier 1 price of THB 950.
Alternatively, Tier 2 deals can be discovered at the brand-new Courtyard by Marriott North Pattaya, where guests can savor the signature Roasted Pork Ribs at Café 22 for the tempting price of THB 1,150, and at Le Méridien Khao Lak Resort & Spa, where The Pizzeria’s authentic Italian Pizza Stella di Terra can also be enjoyed for THB 1,150.
In Bangkok meanwhile, lovers of Chinese cuisine can head to Renaissance Bangkok Ratchaprasong Hotel, where the famous Lychee Roasted Peking Duck at Fei Ya can be experienced for the Tier 3 price of THB 1,450, just like the Italian Set Menu at Giorgio’s, Royal Orchid Sheraton Hotel & Towers, which includes three sumptuous courses plus a bottle of wine and tea or coffee for two people.
And this is just the start! More hotels and resorts will be rolling out their exclusive offers in the coming weeks, creating a nationwide compendium of culinary promotions and perks. With plenty of affordable options for local residents, dining out in Thailand has never been more rewarding!
Eat Out with Marriott Bonvoy is available exclusively to Marriott Bonvoy members. Not a member yet? CLICK HERE to join today for free!
The prolonged COVID-19 pandemic has had heavy impacts on various business sectors. The tourism and hospitality industry was inevitably one of the hardest hit over the past few years. Particularly, operators of travel and hospitality businesses in Thailand’s southern region have experienced the severest impact compared to other regions in the country as the incomes of business entrepreneurs and people in the southern provinces have been estimated to come mainly from tourism, particularly since they can earn lucrative incomes from international visitors.
The government has consistently collaborated with the private sector to seek ways for greater development of tourism and its economic growth aiming to help the industry return to full strength, supported by the pilot economic development project known as ‘Andaman Wellness Economic Corridor’ launched to make southern provinces on the Andaman coast become the world’s largest health hub.
Dr. Thares Krassanairawiwong, Director-General of the Department of Health Service Support, the Ministry of Public Health, said the government has established policies to evolve Thailand into an international tourism hub, with the potential to drive growth for the health promotion and wellness tourism business, the health product and herb business, and the health tourism destinations.
Thailand is currently recognized as one of the top five health tourism destinations in the world and the market value of wellness tourism in the country has seen steady increases continuously. As the pandemic situations of COVID-19 have been expected to be lessened, the government will focus more on promoting the high end market, where medical tourism and health and wellness tourism businesses is becoming more popular among tourists.
The expenses of the two tourism groups have been estimated to cost around 80,000-100,000 baht per trip. Hence, promoting and expanding the two tourism groups will generate more stable incomes as Thailand is ready to become one of the world’s most renowned international health hubs.
According to the government, three southern provinces on the Andaman coast, including Phuket, Phang Nga, and Krabi, will serve as the must-visit tourist destinations of the ‘Smart Health and Wellness City’ concept. The idea is to bring out the strengths in service of each province, where Phuket will serve as the best medical and international convention center, Phang Nga will be recognized for its excellent elderly care services, and Krabi will be renowned for its one-of-a-kind therapeutic saltwater hot spring.
Recently, the officials of the Department of Health Service Support have made a visit to the three provinces to discuss with related network partners about the integration of health tourism aiming to support the development of the Andaman Wellness Economic Corridor (AWC) project, getting ready for being the world’s best health hub conforming to the future’s metaverse virtual world development concept. (*Source: Press Release, the Department of Health Service Support, the Ministry of Public Health, March 11, 2022)
Mr. Karn Prachumpan, CEO of The Beach Development Co., Ltd. and a highly recognized real estate developer in Phuket, unveiled COVID-19 has already changed the world. That is why Phuket has to reinvent itself rapidly to cope with all the changes. It is quite obvious that traditional tourism is no longer the answer to the question. Hence, it is necessary to emphasize more on promoting health tourism, particularly when the visitors can obtain health benefits during and after their vacations, backed by greater loyalty and wisdom in tourism that can be fostered among the tourists. This will be a new mechanism to help propel Phuket towards a world-class tourist destination in the next era.
“Our company has successfully developed The Beach Plaza Kata-Phuket as a large-scale mixed-use project situated on an approximate 15-rai area in Kata Beach in Phuket’s Karon sub-district. At the same time, we have established Phuket City Development Co., Ltd. as a social enterprise to foster successful collaboration with strategic partners, government agencies, experts, and people in society following the establishment of development strategies to push Phuket towards the city of health tourism connecting to other major cities partnered in the Andaman Wellness Economic Corridor (AWC) project. Recently, the Thai cabinet has approved Phuket to host Specialised Expo 2028 Phuket and we therefore propose The Beach Plaza Kata-Phuket to be part of a pilot project known as ‘Karon Wellness Sandbox’ accordingly.”
Mr. Sompong Daopiset, CEO of Star Home Beach Resort Co., Ltd. and a chief executive of several leading hotels in Phang Nga province, said a person cannot keep developing a city alone. It requires collaborative actions from both the public and private sectors, whether it is about city planning, budget, or local administration. It is important to proceed immediately in order to make the Andaman Wellness Economic Corridor (AWC) project happen in reality.
“Recently, La Vela Khaolak Hotel has applied the concept of sports tourism as a key to making Phang Nga stronger. We are attempting to eradicate people’s old belief that ‘Phang Nga is a city for the elderly’ and replace it with the colorfulness of fun-filled and trendy activities. In addition to having lots of fun, visitors will also be acquainted with a new image of the province, which can continue to make Phang Nga another great tourist destination, despite being a small province in the south. Currently, Thailand is not the only one to shift its focus to health and wellness, but the whole world is seriously keeping pace with the trends. Related public organizations and private entrepreneurs must work hand in hand and we believe that our Return on Investment (ROI) will bring us some good advantages, whether the investment has been made for a project launched by the public or private sector.”
Finally, Mr. Wichai Poolworaluk, Chairman of Klongtom Heritage Co., Ltd. and one of the biggest leaders in real estate development in Klongthom district, talked about the readiness of the Krabi province, stating that the Klongthom district has plenty of natural resources highlighted by Klongthom Salt Hot Springs, which is considered one of the world’s best mineral saltwater hot springs. This one-and-only underground treasure is very meaningful to local people since they use it in a rural way of life.
According to the report, a massive number of people of more than 100,000 per year have visited the saltwater hot spring following the government’s approval for the site to be open for service as well as people’s word-of-mouth belief that the amazing underground wonder can prevent and cure diseases. This has resulted in the development of the Klongtom Heritage project, located on an approximate area of 300 rai, as part of the intention to promote Krabi as a famous health city among tourists. Aside from the highlight of the inimitable saltwater hot spring, the province is also blessed with beautiful nature, seas, and mountains as well as the friendliness of local people. Krabi deserves to be a city for a well-being lifestyle.
“During the first three years, we will work on project layout and zoning, in which the tourist attractions will be equipped with different zones, for example, the patient zone, the dependency and non-dependency zone, and the retirement and pre-retirement zone, to seek potential investors who specialize in health and wellness and have a similar vision to fill the missing parts in many areas of business operations and management. This has been expected to make Krabi a new health city with several interesting activities for health lovers from all over the world. By mid-2022, the company will announce the opening of a new physical therapy hospital for rehabilitation and treatment of stroke patients, with modern technology and medical equipment as well as teams of professional doctors, nurses, physical therapists, occupational therapists, speech correctors, and psychologists who are highly skilled and experienced in traditional Thai and Chinese medicine to be combined with the distinctive properties of the saltwater hot spring. This is considered the first important business jigsaw of the Klongtom Heritage project. We believe that Phuket, Phang Nga, and Krabi can really make the Andaman Wellness Economic Corridor (AWC) project exist in reality to form an economic and wellness triangle. The strategic collaboration has led Krabi into a new dimension. We no longer promote the ‘sea, sand, and sun’ tourism concept. We are not recognized only for having good food, favorite drinks, and excellent atmosphere. We are ready to show the world that we have a miracle of nature that no one can imitate,” added Mr. Wichai.
Striving to expand renewable energy portfolio to meet Net-Zero emissions target
(PR News) B.Grimm Power PCL (BGRIM) on 27 April got the approval from shareholders to extend the limit of the amount of debentures issuance within 5 years (2022-2026) to 100 billion baht.
The approval from the 2022 annual general meeting of shareholders held online will prepare BGRIM financially to support its business expansion and capturing forthcoming investment opportunities.
Dr. Harald Link, President of BGRIM, noted that debenture is one of the several instruments for financial management BGRIM has effectively used.
Among them are issuing equity instruments, using assets or subsidiaries to raise funds through various means such as listing on the Stock Exchange and establishing infrastructure funds.
“BGRIM is well prepared financially, maintaining a strong financial foundation and adopting proper financial management in terms of liabilities and equity along with achieving the targeted installed capacity of 7,200 megawatts by 2025 and further to 10,000 megawatts by 2030,” Dr. Link said.
He added that BGRIM is working strenuously to expand its investment in renewable energy, including solar energy, hydropower, wind energy and energy storage systems (ESS).
Sustainable generation of electricity from clean energy under a long-term power sale agreement in Thailand and abroad has been at the forefront of BGRIM’s business strategies.
BGRIM aims to increase its power generation investment internationally over the next five years to 15 countries from 7 countries at the present.
The company is determined to achieve Net-Zero Carbon Emissions by 2050.
Meanwhile, BGRIM shareholders resolved to allocate the profit earned from the year 2021 operation as a legal reserve and paying 0.27 baht per share in dividends for operations in the second half of 2021.
When combined with the interim dividends paid in 2021, amounted to 0.15 baht per share, the overall annual dividend payment for 2021 is 0.42 baht per shares, totalling 1,094.90 million baht, to be paid on 12 May 2022.
The meeting also endorsed the election of three directors to replace those retiring by rotation.
They are Dr. Link as Director, President and Director who is authorised with contractual bindings; Khunying Suchada Kiranan as Independent Director, Chairperson of Independent Committee, Director of the Nomination and Remuneration Committee; and Mrs. Anchalee Chawanich as Independent Director, Chairperson of the Audit Committee and Member of the Corporate Governance and Sustainability Committee.
The meeting resolved to re-elect them as directors for another term.
BGRIM continues to strive to energise the global society by its “Empowering the World Compassionately” mission by adhering to the principles of generosity in business to create value for society.
“Our entry to each country is marked by being friendly to the society, helping their society and the environment, and being part of the society. This will strengthen BGRIM’s S-Curve, meaning which every country we enter, we can expand and grow sustainably,” said Dr.Link.
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