Ministry of Commerce presents “Design Excellence Award 2021” (DEmark) #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40006735


The Thailand Office of Innovation and Value Creation of the Department of International Trade Promotion (DITP) under the Ministry of Commerce presents the Design Excellence Award 2021 (DEmark 2021) in honor of the 98 business operators and designers who prove their excellence in various categories of design.

The award presentation promotes the outstanding and unique designs that increase the value of Thai products. They have been introduced to worldwide markets through a live event on the “DEmark’ Thailand” Facebook page.

Nantapong Chiralerspong, Deputy Director-General of the DITP, said, “The DEmark Award project helps increase the value of Thai products and services. It develops the marketing potential of business operators including SMEs and micro SMEs. It also opens up trade opportunities, helps boost the national economy, proactively promotes international trade and enables Thai business operators to compete in global markets.

The DITP expects the DEmark logo to be the certificate of quality Thai products when it is recognized locally and internationally. This will support business operators in increasing the value of their products. Consumers will have confidence in their reliable products and services while the value addition of the products and services is upgraded and their standards are raised.”

The DEmark 2021 contest was organized on the theme of “Regenerative Design for the Next” and was intended to be a catalyst for the reform of designs to serve the changing lifestyles of people worldwide who must adapt to their New Normal. Designers and business operators were invited to the DEmark Award contest in June. An online exhibition, DEmark Show Online 2021, was held at the website of the project to present 590 entries in July and August. The entries were judged online on July 20-23.

Of the entries, 98 won awards in various categories.

ADVERTISEMENT

  • Industrial Process/Industrial Craft  20 items
  • Gift & Decorative Items/Household Items  16 Items
  • Creative & Innovative Fashion/Apparel/Jewelry/Textile etc. 13 items
  • Home Appliances/Smart Product-Service Solutions/User-Oriented IOTs/Wearables, Automated Services, Medical & Health Design, Sustainable Innovation etc. 14 items
  • Packaging Design 13 items
  • Font/Graphic on Surface/Digital Media/Identity Design 17 items
  • Hotel/Restaurant/Cafe/Retail Shop/Co-Working Space/Condominium Project 5 items

Ministry of Commerce presents "Design Excellence Award 2021" (DEmark)Ministry of Commerce presents “Design Excellence Award 2021” (DEmark)Ministry of Commerce presents "Design Excellence Award 2021" (DEmark)Ministry of Commerce presents “Design Excellence Award 2021” (DEmark)

The DEmark Award project has been successfully promoting excellent Thai designs to the eyes of international consumers. Since 2008, 991 designs have received the DEmark Award and 485 have won the G Mark Award. This year, 21 entries garnered the G Mark 2021 Award.

Interested parties can see the Thai products that have won the awards at demarkaward.net which is another marketing channel for both producers and buyers.

“In response to the five-year Thai trade strategic plan as instructed by His Excellency Jurin Laksanawisit, the Deputy Prime Minister and the Minister of Commerce, the Department is ready to cooperate with all concerned governmental and private organizations to throw support and share information for the sake of trade development.

“The DEmark project has received cooperation and support from many local and international organizations. The Japan Institute of Design Promotion (JDP) which organizes the G Mark contest in Japan, the Taiwan Design Research Institute (TDRI), the organizer of the Golden Pin Design Award, and the Hong Kong Exporters’ Association (HKEA), the host of the Hong Kong Smart Design Awards contest, sent their representatives to be the judges of the DEmark Award this year. Besides, Siam Piwat Co., Ltd. has consistently sponsored the DEmark project and provided space for its public relations. The cooperation with more international organizers of design awards should ensure benefits from the DEmark project and excellent designs will be widely recognized and lead to trade achievements in the future,” Mr. Nantapong added.

The DEmark Award promotes excellent Thai designs internationally. Award winners received the DEmark logo as the certificate of their design excellence. Business operators can use it as a marketing tool to make their products eye-catching. The DEmark Award increases the value of excellently designed Thai products and guarantees their international recognition. It also stimulates the development of Thai products for the better life of local and international consumers.

For more information, please contact the Thailand Office of Innovation and Value Creation of the Department of International Trade Promotion at tel. 061 032 6594, 082 954 5965 and 0 2507 8278 or at the email address: demark@demarkaward.net.

Published : September 28, 2021

Thai stocks lose ground for 2nd day in a row #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40006759


The Stock Exchange of Thailand (SET) Index closed at 1,616.50 on Tuesday, down 3.52 points or 0.22 per cent. Transactions totalled 98.94 billion baht with an index high of 1,626.55 and a low of 1,614.31.

The index fell for the second day running after dropping 0.68 per cent on Monday.

In the morning session, Krungsri Securities forecast the index on Tuesday would move between 1,610 and 1,630 points despite rising oil and coal prices in line with global economic recovery.

ADVERTISEMENT

It said the index also gained positive sentiment from Thailand’s move to lift Covid-19 restrictions on more businesses to get the economy running.

“However, uncertainty over the domestic floods and a weakening baht would trigger outflows of foreign funds, resulting in pressure on the index,” Krungsri Securities added.

Related stories:

The 10 stocks with the highest trade value today were KBANK, PTT, PTTGC, PTTEP, SCB, TRUE, BANPU, BBL, TOP and SCC.

Other Asian indices were mixed:

Japan’s Nikkei Index closed at 30,183.96, down 56.10 points or 0.19 per cent.

China’s Shanghai SE Composite Index closed at 3,602.22, up 19.39 points or 0.54 per cent, while the Shenzhen SE Component Index closed at 14,313.82, down 30.46 points or 0.21 per cent.

Hong Kong’s Hang Seng Index closed at 24,500.39, up 291.61 points or 1.20 per cent.

South Korea’s KOSPI closed at 3,097.92, down 35.72 points or 1.14 per cent.

Taiwan’s TAIEX closed at 17,181.44, down 132.33 points or 0.76 per cent.

Published : September 28, 2021

Reopening of economy in Covid dark red zones expected to boost public, business confidence #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40006745


Thai Chamber of Commerce chairman Sanan Angubolkul said on Monday that the easing up of lockdown measures and reopening of more businesses from October 1 will improve the confidence of the business sector and increase people’s spending in October.

The Centre for Covid-19 Situation Administration announced on Monday that child development centres, libraries, museums, art galleries, nail salons, tattoo shops, spas and massage shops, and cinemas in dark red provinces will be allowed to open under certain conditions from October 1.

The curfew in dark red zones will also be reduced to 10pm-4am from October 1, while complexes, convenience stores and sports areas – indoor and outdoor – can stay open an hour longer until 9pm.

“We estimate that the easing up of lockdown measures will help create more economic activities and increase total economic spending in October to Bt10-12 billion per day,” he said. “If this trend goes on until the year-end, we could see total economic expansion of 2021 back in the positive realm.”

Related Stories

ADVERTISEMENT

Quarantine cut, curfew relaxed, more venues to reopen from Oct 1

CCSA issues 4-phase roadmap for reopening of provinces

TCC and deputy PM discuss easing access to soft loans for cash-strapped SMEs

Sanan added that the continued vaccination drive throughout the country, the arrival of more vaccines and increased affordability of antigen test kits will boost the confidence of businesses and general public in the government’s administration of Covid-19 situation, and in return they will be more willing to comply to disease control measures to curb the spreading.

The chamber, however, expressed concern over the flood situation in several provinces, which is estimated to cost the economy Bt5-10 billion, while urging related agencies to help affected entrepreneurs get back on their feet as soon as possible to minimise the economic impact.

Published : September 28, 2021

Bahts weakening trend expected to continue in short term #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40006742


The baht opened at 33.59 to the US dollar on Tuesday, weakening from Wednesday’s closing rate of 33.50.

The Thai currency is likely to move between 33.45 and 33.65 during the day, Krungthai Bank market strategist Poon Panichpibool predicted.

Poon said that the baht might continue to weaken in the short term if it weakens over the key resistance level of 33.50 to the US dollar. He expected that the baht could weaken from 33.80 to 33.85.

The flood situation pressured investors to sell Thai stocks as they were afraid that it could be as bad as the 2011 floods. Meanwhile, the Asian market was in a risk-off state due to the Evergrande crisis.

The baht might also be pressured by importers buying the dollar in the short term or at the end of the month. Gold investors might buy on dips when gold price is US$1,750 per ounce. The baht might not strengthen and its key support level is from 33.20 to 33.30, Poon said.

Related News

ADVERTISEMENT

Baht likely to weaken in the short term

Baht weakens in opening trade

Baht might weaken by risk-off market pressure: market strategist


Investors, especially in the US, are in a risk-off state after US Federal Reserve officials signalled a decrease un quantitive easing soon as the economy was recovering and the inflation was at a high level longer than expected. He said Fed officials did not signal increases in interest rate.

He added that the market was pressured by the Evergrande crisis as the company did not pay interest to investors on September 23. The market is keeping an eye on the end of this month and the beginning of next month when the company will have to pay interest of US$193.3 million.

Published : September 28, 2021

Foreign funds outflow could pull SET down #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40006740


The Stock Exchange of Thailand (SET) Index rose by 4.55 points, or 0.28 per cent, to 1,624.57 on Tuesday morning, witnessing a high of 1,626.55 and a low of 1,622.67 in opening trade.

The SET Index closed at 1,620.02 on Monday, down 11.13 points or 0.68 per cent. Transactions totalled 135.31 billion baht with an index high of 1,639.97 and a low of 1,616.60.

Krungsri Securities forecast the index on Tuesday would move between 1,610 and 1,630 points despite rising oil and coal prices in line with economic recovery.

It added that the index also gained positive sentiment from the Centre for Covid-19 Situation Administration’s move to ease Covid-19 restrictions in a bid to enable businesses to perform economic activities.

“However, uncertainty over the domestic floods and weakening baht would trigger foreign funds outflow, resulting in pressure on the index,” Krungsri Securities said.

Related news:

ADVERTISEMENT

It also recommended buying of the following companies’ shares as an investment strategy:

▪︎ PTT, PTTEP, TOP, PTTGC, SPRC, IVL, BANPU and LANNA, which benefit from rising oil and coal prices.

▪︎ SCB, KBANK, DCC, COTTO and TASCO, which have gained specific positive sentiment.

▪︎ HANA, KCE, TU, CPF, GFPT, ASIAN, NER, SUN and APURE, which benefit from the weakening baht.

Published : September 28, 2021

Gold up in Thai market despite pressure from strengthening dollar #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40006739


The price of gold rose by THB100 in morning trade on Tuesday.

AGold Traders Association report at 9.28am said the buying price of a gold bar was THB27,800 per baht weight and selling price of THB27,900, while gold ornaments cost THB27,303.16 and THB28,400, respectively.

At close on Monday, the buying price of a gold bar was THB27,700 per baht weight and selling price THB27,800, while gold ornaments cost THB27,197.04 and THB28,300, respectively.

Spot gold price on Tuesday morning was moving at around US$1,754 (THB58,985) per ounce after Comex gold at close on Monday rose slightly by 30 cents to $1,752 per ounce. However, the gold market was under pressure from the appreciation of the US dollar and the rise in US government bond yields.

Related news:

ADVERTISEMENT

Hong Kong gold price, meanwhile, dropped by HK$20 to $16,240 (THB70,206) per tael, the Chinese Gold and Silver Exchange Society reported.

Published : September 28, 2021

PTG awarded for ethical management standards #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/pr-news/business/40006709


The award, presented at the Labour Ministry’s Department of Employment in Bangkok recently, recognised the company’s care and treatment of workers as well as its adherence to international principles of ethics.

Surasak Songvarakulpan (second right), director of PTG Energy president’s office, and Ake Apirakthanakorn (second left), director of PTG’s station operations division, receive the 2021 Thailand Labour Management Excellence Award on behalf of their company.

The award, presented at the Labour Ministry’s Department of Employment in Bangkok recently, recognised the company’s care and treatment of workers as well as its adherence to international principles of ethics.

Published : September 27, 2021

Marriott International Announces Ambition To Go Net-Zero #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40006702


Marriott Internationals portfolio of hotels has been working to reduce its carbon footprint as part of its existing 2025 sustainability goals and this latest commitment to climate action is the next step in the companys sustainability journey.

Marriott International, Inc. (Nasdaq: MAR) (“Marriott”) today announced it has submitted its letter to the Science Based Targets initiative, committing to:

· Set science-based emissions reduction targets across all scopes, in line with 1.5°C emissions scenarios; and

· Set a long-term science-based target to reach net-zero value chain greenhouse gas (GHG) emissions by no later than 2050, in line with the criteria and recommendations of the Science Based Targets initiative.

As part of its commitment to net-zero emissions, with support from a number of organizations including Global Citizen, Marriott is proud to announce its official sign-on to the Race to Zero via the most ambitious standard, Business Ambition for 1.5, and looks forward to celebrating this milestone on September 25 at Global Citizen Live. Race to Zero is a global campaign rallying companies, cities, regions, and financial and educational institutions, to reach net-zero value chain greenhouse gas emissions by no later than 2050. Participants are committed to the same overarching goal: reducing emissions across all scopes swiftly and fairly in line with the Paris Agreement, with transparent action plans and robust near-term targets.

ADVERTISEMENT

“We are driven to make a positive and sustainable impact wherever we do business, and this rigorous climate commitment to reach net-zero emissions is a needed step for us to do our part to help the communities and environments where we live, work and visit remain resilient and vibrant,” said Anthony Capuano, Chief Executive Officer, Marriott International. “Even as we navigate one of the industry’s most difficult periods, we know this ambition will be a challenge. We are proud to join companies and institutions around the world striving to tackle climate change and build a healthier, more sustainable world.”

Marriott International’s portfolio of hotels has been working to reduce its carbon footprint as part of its existing 2025 sustainability goals and this latest commitment to climate action is the next step in the company’s sustainability journey. Achieving these new targets will require partnering with Marriott’s dedicated associates across disciplines along with the company’s valued hotel owners and franchisees. Over time, initiatives may include increased use of renewable energy, building electrification to maximize renewable electricity, continued modifications to design standards so buildings are more efficient, and the installation of automation systems and energy efficiency upgrades (for example, smart thermostats). In addition to the company’s goal to provide further visibility to the carbon footprint and environmental impact of their travel with Marriott, guests and customers will see enhanced focus on existing sustainability efforts such as solid waste and food waste reduction and natural capital restoration, with the opportunity to participate in activities such as reforestation as well as coral and mangrove plantings.

In support of the United Nations Sustainable Development Goals (SDGs), this announcement aligns with the company’s sustainability and social impact platform, Serve 360: Doing Good in Every Direction, which guides Marriott’s commitment to help take on the world’s most pressing social, environmental, and economic issues, delivering value for associates, customers, owners, the environment, and communities around the world. It also builds on Marriott’s long-standing history of embedding sustainability throughout its business strategy, operations and value chain. Starting with the company’s core value to Serve Our World, and its first-generation environmental impact reduction goals, to its latest series of waste reduction initiatives, Marriott is promoting the sustainable development of the communities in which it operates, as well as the resiliency and longevity of the business.

Marriott’s sustainability strategy is driven by a wide range of initiatives to reduce environmental impacts through the construction and operation of sustainable hotels and responsible sourcing while protecting and restoring the ecosystems on which life depends. Recent initiatives include:

· The reduction of single-use plastics including replacing tiny, single-use toiletry bottles of shampoo, conditioner and bath gel in guestroom showers with larger pump-topped bottles. When fully implemented across the globe in 2022, the company’s expanded toiletry program is expected to prevent about 500 million tiny bottles annually from going to landfills.

· The roll-out of an internal food waste prevention and reduction educational campaign, designed to support Marriott’s goal to reduce food waste by 50%.

· The launch of a publicly available responsible sourcing guide, to help Marriott’s supplier community join its sustainability journey on the path to responsibly sourcing 95% of the company’s top ten priority categories.

· The development of a certifications database to help properties operate more responsibly and work towards the goal of 100% of the portfolio receiving a third-party sustainability certification.

· Planting more than 415,000 trees over the last several years, including through the company’s work as a founding member of the Evergreen Alliance, a select group of Arbor Day Foundation partners and collaborators committed to advancing trees and forests as natural solutions for corporate sustainability and citizenship goals.

· Innovative ecosystem restoration and carbon sequestration projects, such as working with The Ocean Foundation to remove and repurpose sargassum seaweed, which has had devastating impacts on the environment.

More details about Marriott International’s environmental, social and governance (ESG) efforts and Serve 360 can be found at Marriott.com/Serve360.

Published : September 27, 2021

CP to build tallest tower in Thailand on SRT’s Makkasan land #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40006693


A 140-rai (22.4 hectares) land in Makkasan subdistrict of Bangkoks Ratchathewi district, which belongs to the State Railway of Thailand (SRT), will be the location for Thailand’s tallest tower.

The tower will be built by Asia Era One Ltd, a subsidiary of the Charoen Pokphand Group (CP), a news source revealed.

The CP-led consortium won the bid for the SRT’s high-speed train project connecting three airports (Don Mueang, Suvarnabhumi and U-Tapao) worth Bt224 billion in December 2018. The project also required the winner to develop the Makkasan land under a 50-year rent contract worth Bt50 billion, to paid in full to SRT upon area delivery.

“CP Group aims to turn the Makkasan land into a super tower. With a height of 550 metres — 120 storeys– it will be the tallest building in Thailand with up to 2 million square metres of usable space,” said the source.

“CP will also earmark at least 50 rai of land around the tower to be a green space to serve as a lung for surrounding communities. The rest of the land will be a location for hotels, office buildings, retail shops, service apartment and other facilities.”

CP Group has reportedly prepared an investment budget of Bt140 billion for this project .

Related Stories

ADVERTISEMENT

CP Group named one of world’s most ethical firms by Ethisphere institute

CP clan ranked 21st richest in the world

Why CP group got the nod for takeover of Tesco

According to a survey by Thansettakij newspaper, the current tallest building in Thailand is the Magnolias Waterfront Residences at Iconsiam on Charoen Nakhon Road in Bangkok’s Khlong San district. It is 317.95 metres high with 70 storeys. There are two buildings under construction that will surpass it when finished, namely the Asset World Tower at Asiatique The Riverfront, expected to be 450 metres tall with 100 storeys, and the Signature Tower at One Bangkok, expected to be 437.03 metres high with 92 storeys.

Published : September 27, 2021

SET Index dives as floods hit Thailand #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40006711


The Stock Exchange of Thailand (SET) Index closed at 1,620.02 on Monday, down 11.13 points or 0.68 per cent. Transactions totalled 135.31 billion baht with an index high of 1,639.97 and a low of 1,616.60.

The index fell after rising by 0.71 per cent on the previous day of trading (Thursday). Analysts blamed uncertainty over floods that have hit 26 provinces in Thailand.

The 10 stocks with the highest trade value today were KBANK, BBL, SCB, PTT, TRUE, PTTEP, XPG, JMART, PTTGC and KCE.

ADVERTISEMENT

Related stories: 

Other Asian indices were mixed:

Japan’s Nikkei Index closed at 30,240.06, down 8.75 points or 0.029 per cent.

China’s Shanghai SE Composite Index closed at 3,582.83, down 30.24 points or 0.84 per cent, while the Shenzhen SE Component Index closed at 14,344.29, down 13.56 points or 0.094 per cent.

Hong Kong’s Hang Seng Index closed at 24,208.78, up 16.62 points or 0.069 per cent.

South Korea’s KOSPI Index closed at 3,133.64, up 8.40 points or 0.27 per cent.

Taiwan’s TAIEX Index closed at 17,313.77, up 53.58 points or 0.31 per cent.

Published : September 27, 2021