The Stock Exchange of Thailand (SET) Index closed at 1,625.83 on Monday, up 7.60 points or 0.47 per cent. Transactions totalled 71.43 billion baht with an index high of 1,628.93 and a low of 1,618.57.
The index rose after falling by 0.13 points or 0.01 per cent on Thursday. The index on Friday was closed for Constitution Day.
The 10 stocks with the highest trade value today were PTT, JAS, KBANK, EA, CPF, SCC, AOT, ADVANC, CPALL and NEX.
Other Asian indices were mixed:
Japan’s Nikkei Index closed at 28,640.49, up 202.72 points or 0.71 per cent.
China’s Shanghai SE Composite closed at 3,681.08, up 14.73 points or 0.40 per cent, while the Shenzhen SE Component closed at 15,212.48, up 100.92 points or 0.67 per cent.
Hong Kong’s Hang Seng Index closed at 23,954.58, down 41.14 points or 0.17 per cent.
South Korea’s KOSPI Index closed at 3,001.66, down 8.57 points or 0.28 per cent.
Taiwan’s TAIEX Index closed at 17,767.60, down 58.66 points or 0.33 per cent.
Improving employees’ hard and soft skills is necessary to digitally transform organisations, experts said at the “Synergising Digital Leadership with People Leadership to Achieve Breakthroughs in 2022″ webinar on Thursday.
Studies conducted by several institutions worldwide show that 70 per cent of organisations failed to achieve digital transformation because their staff was not ready for the change.
Porntip Iyimapun, founder and CEO of PacRim Group, said most organisations face four challenges: fear of change, unclear direction, problems with organisation structure and lack of leadership.
“To deal with these challenges, leaders must build their credibility to gain trust, set up clear directions, manage systems and procedures in line with a new strategy and boost their staffs’ potential,” she said.
“Leaders alone cannot drive the organisation towards success. For that, they need to leverage all resources as much as possible.”
Meanwhile, Skooldio managing director Virot Chiraphadhanakul said many organisations failed with their digital transformation because of conflicts between technical and non-technical members of staff. He added that digital literacy was another important hard skill accepted by many organisations.
“If technical and non-technical staff members realise the opportunities and can utilise their digital skills, it will help boost the value of the business,” he said.
He added that many organisations have lost opportunities due to their failure in utilising digital skills due to the abovementioned challenges.
The price of gold dropped by THB50 in morning trade on Monday.
A9.26am report from the Gold Traders Association showed the buying price of gold bar at THB28,250 per baht weight and selling price at THB28,350, while the buying and selling price of gold ornaments is THB27,742.80 and THB28,850, respectively.
At close on Saturday, the buying price of gold bar was THB28,300 per baht weight and selling price THB28,400, while gold ornaments were THB27,788.28 and THB28,900, respectively.
The spot gold price on Monday morning was hovering around US$1,787 (THB59,625) per ounce after Comex gold at close on Friday rose by $8.1 to $1,784.8 per ounce due to support from buying gold as a hedge against inflation after the US consumer price index (CPI) in November rose to its highest in nearly 40 years.
Krungsri Securities forecast the Stock Exchange of Thailand (SET) Index on Monday (December 13) would fluctuate between 1,610-1,630 points despite uncertainty over the Omicron Covid-19 variant has been relieved.
It predicted that rising Covid-19 cases in Europe and investors’ move to delay their investment to follow the outcome of US Federal Reserve’s meeting from Tuesday to Wednesday would pressure the index.
“Hence, we advise buying stocks which gained specific positive sentiment,” Krungsri Securities said.
It also recommended buying of the following companies’ shares as an investment strategy: ▪︎ RCL, LEO, III, WICE, SONIC and JWD, which benefit from rising freight rate. ▪︎ BBL, TTB, KTB and KBANK, which benefit from news of interest rate hike. ▪︎ HMPRO, CPN, CRC, AMATA, WHA, BTS, BEM, VGI, SYNEX and COM7, which are domestic play shares.
The government’s stimulus measures to ease the cost of living and boost the economy have achieved satisfactory results, government spokesman Thanakorn Wangboonkongchana said on Saturday.
He said more than 41.3 million people have spent over 223.82 billion baht via four projects as of December 9:
• Khon La Khrueng (Let’s Go Halves) third phase: Total spending of 194.85 billion baht – 99.07 billion baht from 26.27 million consumers and 95.78 billion baht from the government.
• “Ying Chai Ying Dai” (More You Spend, More You Get): Total spending of 3.76 billion baht by 91,952 people, plus another 241.8 million baht via e-voucher.
• Subsidy for state welfare cardholders: Total spending of 22.93 billion baht by 13.55 million people.
• Subsidy for people requiring special assistance: Total spending of 2.03 billion baht by 1.47 million people.
“The premier is satisfied with the state of the economy in the latter part of the year, as it shows signs of recovery after the country reopened. Also, most venues have passed the Covid-19 hygiene and safety standards,” he said.
“We expect Thais to travel across the country and spend more cash during the New Year break.”
Thanakorn added that people can use their privileges under the Khon La Khrueng and Ying Chai Ying Dai projects until the end of this year.
“We believe these projects help ease the financial burden on people and circulate funds in the country,” he added.
The cool weather, the December 10-12 long weekend and tourism promotion measures have helped generate up to 5 billion baht for the tourism sector, government spokesman Thanakorn Wangboonkongchana said on Sunday.
Here are the figures based on regions:
• Bangkok: 10% rise in occupancy, 217,400 trips/time, 690 million baht in revenue.
• Central region: 44% increase in occupancy, 458,300 trips/time, 1.01 billion baht in revenue.
• East: 38% increase in occupancy, 362,000 trips/time, 1.4 billion baht in revenue.
• North: 41% increase in occupancy, 272,500 trips/time, 1.31 billion baht in revenue.
• Northeast: 49% increase in occupancy, 447,000 trips/time, 860 million baht in revenue.
• South: 8% increase in occupancy, 83,600 trips/time, 450 million baht in revenue.
The Finance Ministry is planning to offer Thais a new economic stimulus programme at the end of the year as a New Year’s gift, Finance Minister Arkhom Termpittayapaisith said on Friday.
“We are designing a new campaign to help boost domestic consumption, especially among those with high purchasing power,” he said.
“The current programme targeting this group, ‘Ying Chai, Ying Dai’ [Spend More, Get More], is not as successful as we hoped. Hence, the new programme will focus on granting tax breaks to affluent spenders.”
The Ying Chai, Ying Dai subsidy offers cashback e-vouchers worth 10 to 15 per cent on spending of up to 60,000 baht.
The cashback is capped at 7,000 baht per person and stored in registrants’ Pao Tang digital wallets to spend at participating shops.
“As for the ‘Kon La Kreung’ [Let’s Go Halves] programme, the ministry will consider a fourth-round once the current round ends on December 31, provided the total spending shows an upward trend,” Arkhom added.
“Hopefully, spending under this programme will rise significantly during the high-season in line with the consumer confidence index, which is heading upwards.”
The Kon La Kreung stimulus measure targets mainstream consumers and small businesses by covering 50 per cent of their bills for food, drinks and basic necessities capped at 150 baht per day and 3,500 baht per round.
The finance minister said he will propose the new stimulus measure to the Cabinet on December 21.
Metaverse Unlimited delivers two days of industry-led forum on key metaverse topics.
Metaverse Unlimited delivers two days of industry-led forum on key metaverse topics. Attendees have the opportunity to gain insights into the future of metaverse, get inspired by fresh ideas, and discover a new world where every imagination is a possiblity. Discover what Metaverse Unlimited has in store for you.
Leading industry experts from all over the world across various disciplines and industries to ensure the full immersion in the world of metaverse, the future of virtual economy and society. The forum will be broadcast live on Zoom, YouTube, Facebook Live and SMO live.
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SAVE THE DATE
December 15-16, 2021 at 8:00 – 11:00 PM. ( GMT+7 ) Bangkok
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Broadcast via Zoom, Facebook Live, Youtube and SMO Live
Translucia Metaverse, Thailands first virtual world being developed by T&B Media Global (Thailand), is holding a global online forum gathering experts from the world of the Metaverse. Ten world-renowned researchers, marketers, strategic leaders, architects, designers, and graphic designers will share insights and perspectives on growth trends and unlimited new opportunities from the upcoming virtual universe that will completely transform our lives in “Metaverse Unlimited” on 15-16 December at 08:00-23:30.
Get set for a forum without limits on 15-16 December
Dr. Jwanwat Ahriyavraromp, CEO and founder of T&B Media Global (Thailand), said: “T&B Media Global and its partners invite you to join the global forum that Translucia Metaverse has convened with local and international partners to share knowledge and experience in the Metaverse industry and forecast fascinating Metaverse technology and its role in our lives. We will explore how future changes will affect society, the economy, and lifestyles so that we can prepare for them, including endless opportunity. T&B Media Global has announced that it will create a Metaverse world called Translucia.”
This exclusive forum is honored with special guests. The forum will be officially opened by Ms. Cathy Hackl, known as the “Godmother of the Metaverse” and an acknowledged Metaverse expert from forums around the world. The consultant for leading global business and fashion brands entering the virtual world will present “New Entertainment and Beyond: Boundless Possibilities of Metaverse”. Her presentation will highlight how virtual worlds can enhance quality of life and generate income. She will also give guidelines for connecting the virtual world to today’s world.
The 9 other special guest speakers are top-level experts including Mr. D. Fox Harrell, Professor of Digital Media and Artificial Intelligence at MIT. He has researched gray scale games and conducted a study in the United States on the social and cultural impact of virtual identity.
Pat Pataranutaporn, or “PP”, is a leading Thai researcher on the world stage. He is the first Thai in 20 years to be selected as a Graduate Research Assistant in the MIT Media Lab, one of the world’s most innovative university laboratories, behind various inventions and ideas. PP is studying devices with NASA that help control substances and metabolic system in the body to give superhuman efficiency without special supplements or injections. His research interests include monitoring human biology during entry into the Metaverse. He has also consulted on film production projects for Netflix. PP is another star of the forum on the topic “Meta Me: Bio-Digital Symbiosis for Human Enhancement”. Fans of director James Cameron’s Avatar will have a unique opportunity to meet Mr. Alain Chesnais, the data analytics and computer graphics specialist behind Maya 3D, the program used to create scenes in the movie. He is a team leader at top graphics company Alias/wavefront and won an Academy award in 2003. He is now a software engineering consultant for Amazon and leading technology companies for unveiling their technology roadmaps. Also, Ms. Jeanne Lim, Co-Founder & CEO of Being AI, will present on “Better with AI: the Positive Future of How Humans Interact with Technology”. For forum’s second day will address social and economic dimensions of the Metaverse. Leading researchers such as Stanford University’s Mr. Jeremy Bailenson will examine how VR can enhance life with “VR for a Better World: How Virtual Experience Transforms Empathy, Environmental Conservation, Education and Health”. Mr. David Bray, a strategy executive hailed by Business Insider as one of the leading Americans under 40, will reveal the strategic big picture on economic opportunities with “A Fireside Chat on How Metaverse Technologies Can Improve Lives, Communities, and Our Global Connections”. Ms. Ashley Casovan, an AI expert working for the World Economic Forum, will talk about creating rules in the virtual world.
This very special forum will conclude with a guest who has applied the Metaverse in his work as a celebrated architect. Mr. Shajay Bhooshan is from the global architecture studio Zaha Hadid Architects. He is the co-founder of ZHACODE, which created the Unconfined (2017) collection with a “Universal Everything” concept for Samsung focused on design, technology, and user experience. The unique digital setup live streamed at the Chicago Architecture Biennial in November. He will present “Designing for the New World: Urban Transformation in Metaverse and Beyond”. Thai student Saenawee Chatameteewong “Knot”, co-founder of Design Synthesis, will then talk about “Encoded Environment: How Computational Design Reimagines Architecture, Engineering, and Construction through the Metaverse”. This special online forum is organized by Translucia Metaverse in collaboration with Tree Roots Entertainment Group, Wasabi Global Innovation Ventures, Creative Motion. The event is supported by T&B Media Global (Thailand), Magnolia Quality Development Corporation Limited (MQDC), Research & Innovation for Sustainability Center (RISC) by MQDC, Shellhut Entertainment.
Mr. Jatuphat Tangkaravakoon Chief Executive Officer TOA Paint (Thailand) Public Company Limited or TOA revealed that from everyone who has to face the crisis of the epidemic of Covid-19 until now Make people’s lifestyle behaviors change from the original. From a new lifestyle of “New Normal” to “Now Normal”
Mr. Jatuphat Tangkaravakoon Chief Executive Officer TOA Paint (Thailand) Public Company Limited or TOA revealed that from everyone who has to face the crisis of the epidemic of Covid-19 until now Make people’s lifestyle behaviors change from the original. From a new lifestyle of “New Normal” to “Now Normal” that everyone has to adapt to live in the present as normal and happy along with health care Increased home living and environmental stewardship
However TOA As a manufacturer of paints and building materials Therefore, innovations have been developed to meet the needs of home security. and safety for the environment or the world where everyone lives, that is color “TOA Organic Care” Interior paint developed with Bio-Based technology, the first and only one in Thailand that has been certified by USDA, USA by TOA has developed this technology with the world’s leading chemical companies from the United States. by using plant-based components to develop to replace raw materials from petrochemical
It also provides excellent color film durability. And most importantly, it provides superior safety features. With a very mild odor, 0% VOCs volatile, non-allergenic according to the Australian Sensitive Choice standard, reduces formaldehyde in the air with Air Detoxify technology, passed the LEED V4.1 USA standard and green building standards. Therefore, it is safe for all life in the house and is also environmentally friendly. It also offers excellent quality, durability and wipeability. This is the commitment TOA Ready to create something better for everyone and the world.
In addition TOA also launched “Doctor Oak” Smith Arayasakul presenter of TOA Organic Care by Dr. Oak is a person who has knowledge and expertise in health They are also representatives of the family of the new generation who care about the quality of life of every life and environment. which is the same concept with products and brands TOA In addition, Dr. Oak also shared the story of safety for life and living in the house. Through a series of commercials, “Organic Living, Organic Care” to point out that it is not just food or utensils that everyone can choose for the best health benefits. But living in the house Everyone can make healthy choices too.
For the marketing direction of the product TOA that Mr. Nantaphon Boonlue Marketing Director TOA has said TOA We remain committed to innovation to deliver better things for consumers and the world. Throughout the past TOA has presented various innovations For example, being the first paint in Thailand to use paint technology that is free of heavy metals, mercury and lead that are harmful to the health of users. or being the first building paint in Thailand and in Southeast Asia to use it 100% pure acrylic water technology under the brand SuperShield or the introduction of automatic color mixing technology into Thailand. which has changed the color retail industry in Thailand to the present by the direction of product development TOA Will focus on product development and innovation in 3 areas: 1. Quality of use that must be better, more durable, more cost-effective for direct benefits to consumers, 2. Answering the problems of use (Pain point) of the house. Construction and various industries To cover more, 3. Develop existing and new products. for safety and sustainability for life and the environment
However, this is an approach that is an important goal that will drive the sustainability of the TOA towards consumers and the world at the same time
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For more information, Please contact
Bussakorn Sukklub Tel 065-954-6725 Email : bussakorn_s@toagroup.com
Worayoot Mannae Tel 097-194-5463 Email : worayoot@toagroup.com
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