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https://www.nationthailand.com/pr-news/business/40010813

Predicting SET Index 2022 in a range of 1550-1750 points, tipping ten outstanding growth stocks benefiting from transforming new world business structures

SCB Securities Co., Ltd. (SCBS) believes that the outbreak of the COVID-19 Omicron strain will impact the economy and investment in 1Q22. Without proper control by 1Q22, the disease could jeopardize the Thai economy’s growth rate and the operating performance of listed companies in 2022, as previously predicted. SCBS see the SET Index fluctuating between 1,550 and 1,750 points this year. SCBS has selected ten outstanding stocks exhibiting good growth at reasonable prices, including those that will benefit from the new world trend of transforming business structures.  The economic outlook for 2022 is based on three assumptions and five predictions, which include: 1) COVID-19 becoming endemic as a result of widespread vaccination; 2) the global tourism industry recovering by 60-90%; and 3) supply bottlenecks beginning to ease.

The five predictions are as follows: 1) global economic activity will return to normal in 2022; 2) global inflation will fall in the second half of 2022; 3) global monetary policy will tighten before returning to normal, with the exception of China, which continues to ease its monetary policy to balance its economy; 4) the Cold War between the US and China will intensify; and 5) The slowing Chinese economy, global financial market volatility, global stagflation risks, global climate volatility, and the outbreak of the COVID-19 Omicron strain (which may be more severe than the Delta strain) are all risk factors that must be closely monitored.

However, if the Omicron variant outbreak is not properly contained by the first quarter of 2022, the global economic growth rate in 2022 is likely to fall from 4.9% as predicted earlier by the IMF to 3.6%. In terms of the Thai economy, the GDP growth rate for 2022 is at risk of falling from 3.6 % to 2.5% if the plan to reopen the country to tourists is delayed, including the government’s resumption of tightening economic activities in the country.

Based on fundamentals, the 2022 SET Index should stand at 1,660 points and move between 1,550 and 1,750 points. SCBS recommends ten stocks that will perform well in 2022, including KBANK, AMATA, ZEN, LH, and GULF, as well as stocks that will benefit from the modern business transformation trend, such as DELTA, ADVANC, ONEE, SECURE, and XPG.
 

SCBS Research Group Managing Director Sukit Udomsirikul stated that despite the global COVID-19 crisis, stock market volatility has decreased for the year 2021. As can be seen, stock markets around the world, including the Thai stock market, have recovered quickly. Despite the fact that the pandemic is still considered severe, the SET Index has recovered to pre-COVID-19 levels. This is because governments all over the world have accelerated economic stimulus measures and pumped money into financial markets at an unprecedented rate and intensity. Low interest rates and rising inflation have prompted investors to shift their money to higher risk stock markets.

Economic activity is expected to return to pre-COVID-19 crisis levels in 2022, implying stable GDP growth, slower inflation, rising interest rates, and tax increases to balance the government’s financial position. Finally, returns on stock market investments are expected to fall from 2021.

The rate of growth in developed economies (DM) will slow down. According to the IMF, GDP will grow at 4.5%, while the rate of growth in emerging markets (EM) is expected to recover at 5.1% in the latter half of 2022 as countries are reopening. With more and more people getting vaccinated, tourism and hospitality businesses will recover, partially offsetting the reduction in economic stimulus measures designed to boost consumption during the COVID-19 outbreak in 2020-2021. The new outbreak of the Omicron strain, on the other hand, is viewed as a risk that could cause economic forecasts to fall short of expectations.

Based on a “carefully positive” view, Thai economic trends in 2022 are expected to recover to 3.6 – 4.0% growth from a -6.1% contraction in 2020 and 1.0% growth in 2021. Exports are expected to grow by 2%, and approximately 8 million foreign tourists are expected to enter the country.   Profits at publicly traded companies will increase by 6% yoy, driven by a 3 – 4% increase in GDP. SCBS estimates the SET Index’s yield to be 5% by the end of 2022, and 8% when dividends are factored in. In the worst-case scenario, the Thai economy’s growth rate could be reduced to a mere 2.6 % if the Omicron strain spreads unchecked, with listed companies growing at or near zero percent.

For investment strategy, investors should focus on growth stocks at reasonable prices, which are divided into two groups: 1) stocks that are expected to return to growth following the economic cycle and the opening up of more economic activities, such as KBANK, AMATA, ZEN, LH, and GULF; and 2) stocks that are likely to grow exponentially and benefit from modern business transformation trends, such as DELTA, ADVANC, ONEE, SECURE, and XPG.

Investment views for individual stocks: 

• KBANK: A digital banking leader, with an expected increase in net profit in 2022 due to lower credit costs.
• AMATA: Land transfers from key customers in the energy, automotive, and logistics sectors are expected to improve beginning in 4Q21 and continue through 2022.
• ZEN: The resumption of economic activity, particularly during the easing of the COVID-19 situation, will have a positive impact on its 2022 profit forecast.
• LH: The company is ready to launch new projects that will increase by 50% with the relaxation of LTV regulations for second and third homes. 
• GULF: Over the next seven years, its power plant capacity is expected to grow by 12.4% per year on average, with profit sharing from INTUCH investments helping to stabilize net profit.
• DELTA: The company will benefit from its existing customer base in the electrical vehicle, clean energy, and telecommunications sectors.
• ADVANC: The company is likely to pay more dividends in 2022 due to a lower investment budget and the benefits of metaverse business trends.
• ONEE: Assuming that the advertising industry has reached bottom, the company will begin to recover in 2022.
• SECURE: Data security will become even more important in the digital age.
• XPG: Following its entry into the digital asset business, its 2022 results will turn around.

Published : January 07, 2022

By : THE NATION

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/pr-news/business/40010775

The TCEBs sponsorship includes supporting the journeys of MICE business persons from three countries on the R3A route, promoting awareness of new products and services on the R3A route through familiarisation trips to present and expand creative ideas.

Thailand Convention & Exhibition Bureau (TCEB) is advancing its collaborations with related parties to turn Thailand into a hub for meetings, incentives, conferences and exhibitions (MICE) in the Greater Mekong Sub-region (GMS)ใ TCEB, along with the Association of Thai Travel Agents (ATTA), the Mekong Economic Development Cooperation Institute, the Greater Mekong Sub-region Transport Association (GMS-FRETA) Thailand and Naresuan University have come together again to forge the agenda ahead. They met in full force at the GMS Logistic, Tourism, MICE & Trade Forum 2021 symposium held on 27-28 December 2021 at the Pullman Hotel King Power in Bangkok for the mission.

Being staged for the 4th consecutive year, this year’s symposium focussed on driving cooperation on the R3A road linkage among Thailand, Laos PDR and China to spur multilateral trade and investment. Business matching sessions were also held, emphasising on accommodating MICE travellers emerging following the inauguration of China-Lao PDR rapid train service on 2 December 2021, said Supawan Teerarat, Senior Vice President – MICE Capability and Innovation, at TCEB.

The R3A linkage is also known as the North South Economic Corridor under the Greater Mekong Sub-region cooperation framework. It seeks to connect land transport between Kunming in Yunnan Province of China and Bangkok across China, Laos PDR and Thailand, to support the strategic development of the logistics system of the Mekong Sub-region. The connection constitutes a macro-economic integration in economic, tourism and cultural exchange including MICE activities. It offers a great opportunity for Thailand to draw travellers from southern China by train, car and boat to the North and Northeast of Thailand.

“This is a pathway of opportunity and a future route to serve travellers and MICE traffic from local and international markets under the 1-Marketing 3-Destination concept,” said Ms Supawan. She added that TCEB’s promotion of MICE activities on the R3A route in 2022 will zero in on working with partners to prepare a framework for tourism and MICE cooperation along the R3A route for use as a guideline and action plan. This framework will lead to further extensions and creating added value for trade and investment for industries and services in the area through the mechanism of the sponsored exhibitions of the industry and outstanding services in the area.

The TCEB’s sponsorship includes supporting the journeys of MICE business persons from three countries on the R3A route, promoting awareness of new products and services on the R3A route through familiarisation trips to present and expand creative ideas. This will be carried out based on the elements of ‘Thailand 7-MICE Magnificent Theme’ to promote community development and various tourist attractions along the road linking the three countries. It will also include promoting and opening opportunities to create business matching and connecting MICE entrepreneurs of the three countries even more with MICE Business Road Show R3A activities. In addition, TCEB will encourage the private sector and groups to come together to bid for the rights to host the international meetings and conferences related to prominent industries in the area as well.

ATTA President Sisdivachr Cheewarattanaporn noted it remains to be seen that a big market like China will re-open its door in 2022. In his conversations with relevant agencies in China, he said it is quite clear that the country will continue to pursue the ‘Zero Covid’ policy in order to minimise the risks of coronavirus spread. However, it is believed that the overall picture of Thai tourism industry in 2022 would be better than 2021, thanks to the easing of travel restrictions in the kingdom. He said this is a high time for entrepreneurs to gear up for welcoming travellers on the R3A route because once China opens up they will be ready to receive a wave of Chinese travellers. “Of course, there will be a great number of tourists using this route to come Thailand,” he added.

The R3A route is an international highway linking Thailand, Lao PDR and China covering a distance of 1,240 kilometres from Chiang Rai to Kunming.

It is an important pathway for the exports especially agricultural products and tourism sector for the three countries. It is a connection point to the north-eastern region of Thailand, from Vientiane to Nong Khai Province, via the train between the two cities. This road is vital for the imports and exports between Thailand and China with the major shipments being vegetables, fresh fruits, chilled-frozen fruits, processed fruits, spices, herbs and consumer products.

Another role of the R3A is that it acts as a cultural and tourism connection path, providing Thailand with an opportunity to receive tourists from southern China.

Furthermore, the route serves an avenue for investment in various businesses especially around the Golden Triangle and providing added opportunities to extend tourist flows from Nong Khai Province to Bangkok and Pattaya and onwards to the Eastern Economic Corridor (EEC) development zone. Clearly, this will increase opportunities for trading, investing, doing business, including attending business meetings and conferences which mean a huge amount of money from the travellers’ spending.

Published : January 05, 2022

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/pr-news/business/40010774

Following a launch event in December, 11 bright and authentic street food carts and trucks will be rolled out at Marriotts hotels and resorts in Southern Thailand throughout 2022

Marriott Bonvoy On Wheels, the innovative food delivery and takeaway service from Marriott International, is gearing up for an exciting year-long culinary carnival in Southern Thailand in 2022, as a series of stylish food trucks and traditional carts roll up at Marriott International’s hotels and resorts in Phuket and Khao Lak!

From January to December 2022, in-house guests and local residents will be invited to savor an amazing array of flavors, including casual, handheld dishes and delicious drinks freshly prepared to-order by Marriott’s expert chefs and served straight over the counter. With 11 pop-up carts, trucks and trolleys rotating between 11 properties throughout the year, diners can make new culinary discoveries every month!

This year-long gastronomic extravaganza officially launched at Boat Avenue in Laguna Phuket on 17 December 2021, as all 11 hotels and resorts and 11 food trucks and carts come together for a fun-filled fiesta of food and drink, giving guests a glimpse of tantalizing taste of what lies ahead.

Then throughout 2022, the colorful pop-ups will be pulled, pushed and driven between Marriott’s hotels and resorts in Phuket and Khao Lak! Diners will be able to grab gourmet burgers, bao buns, hot dogs and lobster rolls from the sleek Bun Bar, while the Mexican Trailer is the place to go for hand-rolled burritos, tacos, quesadillas and nachos, and the BBQ Smoker will specialize in succulent smoked meats, ribs, beef brisket, pulled pork and chicken.

The traditional Thai-style Street Grill will offer barbecued skewers and sausages, the Crispy Cart is the perfect place for fish & chips, finger lickin’ chicken and “poutine” cheesy fries, and the Plant Based trailer is a haven of mouth-watering meat-free masterpieces, such as vegan burgers and wraps, salads and rice paper rolls.

The Coconut Bar, a bright motorcycle and sidecar, will serve fresh young coconuts and cocktails, while a cute Ice-Cream Cart will present local popsicles, ice-creams and shaved ice, and a Fresh Fruit counter will be slicing up tropical fruits, sugar cane, squeezing healthy juices and blending smoothies. Finally, for guests seeking grown-up refreshments, the Gin & Tonic stall will be mixing cool drinks and bubbles, while the Brew Bar will be offering craft beers and coffees.

These two-, three- and four-wheeled wonders will be pulling up at Marriott’s hotels and resorts throughout Phuket and Khao Lak, so don’t miss out!

“When we launched Marriott Bonvoy on Wheels, our aim was to bring Marriott’s world-class restaurant dishes into people’s homes. Now, we’re flipping this concept around by bringing the best street food to our hotels! The food truck trend has taken off all around the world, and Thai food carts are always popular among locals and visitors alike. We can’t wait to roll out our food truck fiesta in 2022,” said Jakob Helgen, Area Vice President – Thailand, Vietnam, Cambodia & Myanmar, Marriott International.

To learn more about Marriott Bonvoy on Wheels, the takeaway and home delivery service from Marriott International in Thailand, please visit https://marriottbonvoyasia.com/R+B/local-discount/Marriott-Bonvoy-on-Wheels-Thailand.

Marriott International hotels and resorts taking part in the food truck fiesta include:

1. JW Marriott Khao Lak Resort & Spa

2. Le Méridien Khao Lak Resort & Spa

3. JW Marriott Phuket Resort & Spa

4. Renaissance Phuket Resort & Spa

5. Phuket Marriott Resort and Spa, Nai Yang Beach

6. Phuket Marriott Resort & Spa, Merlin Beach

7. Four Points by Sheraton Phuket Patong Beach Resort

8. Le Méridien Phuket Beach Resort

9. The Naka Island, a Luxury Collection Resort & Spa, Phuket

10. Courtyard by Marriott Phuket Town

11. The Westin Siray Bay Resort & Spa, Phuket

Published : January 05, 2022

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/pr-news/business/40010773

Carabao Foundation would like to pay tribute to all organisations that have dedicated themselves to making society safe from the Covid-19 pandemic with sacrifice and hard work.

The Carabao Foundation has donated 100,000 baht to the Phimpha Hospital in Chacheongsao to support its purchase of medical equipment. On behalf of the foundation, Kamoldist Smuthkochorn, Deputy managing and Kanokkorn Jaichuen, Public relations manager of Carabao Group, presented the donation to the hospital’s director Pornthip Mingcharoen on 23 December 2021.

The hospital serves the people of Bang Pakong District and the general public in terms of promoting good health, disease control, medical treatment and first aid.

Standing by its philosophy of ‘Creating Value of Life’, The Carabao Foundation intends to deliver assistance to the society, where possible. Since its inception 24 years ago, the foundation has helped and supported numerous organisations and individuals.

The foundation has previously assisted struggling artists, providing opportunities for youth groups in learning and playing music at a higher level. Among the creative projects supported by the foundation in the past are the ‘Music creates value of life, ‘Tambon Khong Nuu’, and ‘Carabao Coaches the Coaches.’

Carabao Foundation would like to pay tribute to all organisations that have dedicated themselves to making society safe from the Covid-19 pandemic with sacrifice and hard work. By looking after ourselves and strictly observing government health and safety guidelines, our country should be able to get through the Covid-19 crisis in good time.

Published : January 05, 2022

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/pr-news/business/40010732

Staged at The Surf Club from 15-16 January 2022, this two-day seafront retreat will let guests learn a wide range of water sports from experts including Tew Warintorn, one of Thailand’s top surfers

The Standard, Hua Hin’s newest resort where chic beach vibes meet Modernist design, has revealed its first Activation for 2022, as it partners with world-famous surf brand Rip Curls and KBA to host “Sporty and Soaked” – an immersive two-day festival that celebrates the joy of life on the waves.

Staged from 15-16 January 2022 at The Surf Club, The Standard’s vibrant water sports hub, Sporty and Soaked will include a surfing master class hosted by Tew Warintorn, one of Thailand’s top surfers and a member of the Kingdom’s national team. He will be on hand to offer expert advice and give amateur surfers the chance to learn all the necessary skills, such as paddling out, picking their break, popping up and riding the waves.

The action starts on The Standard’s beautiful beachfront lawn with an introduction to surfing and warm-up sessions. Having learned the basics on dry land, guests will be able to practice their new-found techniques on Hua Hin beach. Lapped by endless waves that roll in from the glittering Gulf of Thailand, this is the place to safely learn to surf.

Surfing isn’t the only water sport on the agenda however, under the “Water Sports Buffet” option, adrenaline addicts will have the chance to take a kite-surfing and wing SUP (stand-up paddle boarding) classes, learning the basics of these sports before heading out on the ocean. Guests will also be able to try their hand at sailing, while jet skis and banana boats are available for those seeking some high energy fun.

In the afternoon, all guests will be able to relax and chill out at a beachfront party, with DJ Aopsher, JDJ, DJ Deejai and DJ Pichy spinning upbeat tunes as the sun sets on an action-packed day.

The surfing master class with Khun Tew is available for a maximum of ten students and priced at just THB 2,000 per person. This includes a full-day of lessons and surfing sessions, with two full hours in the water plus free entry to the after-parties. The Water Sports Buffet runs from 10.00 to 17.00 hrs and is priced at THB 4,000 per person, including a full day of kite-surfing and wing SUP classes. Click here for more information or to make a reservation.

“With its warm, shallow seas, gently rolling waves and year-round climate, Hua Hin is the ultimate destination for water sports. Since we opened in December, The Surf Club has already become the place-to-be for surfers and beach lovers alike. We’re delighted to invite guests to Sporty and Soaked this January, giving our experience-seeking clientele the chance to learn to surf from one of Thailand’s top pros, or simply unwind and meet new friends in a laid-back atmosphere on Thailand’s golden gulf coast,” said Marc Sittl, General Manager, The Standard.

Sporty and Soaked becomes the second event in the full calendar of Activations at The Standard, Hua Hin. The first, “Bliss Out”, was held in early December and saw an all-female line-up of wellness and mindfulness experts create a series of innovative workshops, including yoga, meditation and breathing, accompanied by uplifting dance music and enhanced by cannabis products.

Newly-opened in December 2021, The Standard, Hua Hin brings a cool Miami vibe to Thailand’s golden gulf coast. With 199 rooms, suites and villas, an mid-century Lido pool and bar, a restaurant and juice café, all set in lush tropical gardens, this chic seafront hotel is set to attract experience-seeking travellers from around the world.

The Standard hotels are present at the most desirable destinations, from Miami Beach to the Maldives, London to New York, Hollywood to Hua Hin. For more information, please visit www.standardhotels.com

Published : January 04, 2022