Chiangmai Rimdoi sees double-digit revenue growth in Q1

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http://www.nationmultimedia.com/detail/Corporate/30369295

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Chiangmai Rimdoi sees double-digit revenue growth in Q1

Corporate May 13, 2019 15:36

By The Nation

Listed construction firm Chiangmai Rimdoi Plc has announced total revenue of Bt345.19 million in the first quarter of this year, up 19.71 per cent from the same period of last year, according to a company reports on Monday.

The company also recorded Bt8.16 million in net profit for the quarter, up 1.37 per cent from 2018 same period.

The company currently has a total backlog worth Bt1.44 billion, up 10.57 per cent from the same period of last year.

“We are confident we can maintain our business growth in the rest of this year,” the company’s managing director Thirapat Chirapipat said on Monday.

Techno Medical sees 136% jump in net quarterly profit

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http://www.nationmultimedia.com/detail/Corporate/30369294

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Techno Medical sees 136% jump in net quarterly profit

Corporate May 13, 2019 15:33

By The Nation

Techno Medical Plc on Monday announced sale revenue of Bt200.52 million for the first quarter of this year, up 36.62 per cent from last year’s same period, according to a company reports.

The company also recorded Bt21.68 million in net profit for the quarter, up 136.42 per cent from the same period 2018.

The company currently has a total backlog worth Bt1.44 billion, up 10.57 per cent from the period in 2018.

“We expect our sales will maintain growth [and] we are negotiating with our partners from Taiwan and Japan to distribute their products,” the company’s chief executive officer Soonthree Chanlongbutra said on Monday. “The company is confident we will maintain our business growth in the rest of this year.”

Prima Marine sees big jump in quarterly revenue, profit

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http://www.nationmultimedia.com/detail/Corporate/30369290

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Prima Marine sees big jump in quarterly revenue, profit

Corporate May 13, 2019 14:57

By The Nation

Prima Marine Plc has announced total revenue of Bt1.18 billion in the first quarter of this year, up 16.7 per cent from the same period of last year, the company reported on Monday.

The company also showed Bt204.5 million in net profit for the quarter, up 63.8 per cent from the same period of 2018.

The company is confident it will maintain its business growth in the rest of this year, chief executive officer Chanwit Anakkul said.

ThoughtWorks’ Technology Radar highlights Kotlin and Terraform ecosystems’ maturity

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http://www.nationmultimedia.com/detail/Corporate/30369287

ThoughtWorks’ Technology Radar highlights Kotlin and Terraform ecosystems’ maturity

Corporate May 13, 2019 14:38

By The Nation

Latest edition of bi-annual report now available

ThoughtWorks, a global software consultancy, has highlighted the growing ecosystems around Terraform and Kotlin that strengthens their position in the enterprise.

The maturing of the Terraform ecosystem will be a boon to CIOs, who can look forward to their staff no longer having to pull all-nighters to deal with unexpected outages.

Terraform is an open-source, infrastructure as code software tool which can reduce the chance of creating snowflake servers. ThoughtWorks Technology Radar highlights the proliferation of enterprise-ready tools in the Terraform space.

Kotlin too has seen a significant expansion in its available tools, frameworks and support, making it increasingly a viable choice for developers in the enterprise.

“Developers who haven’t yet checked out Kotlin would be well advised to have a look at what it can do. It’s a genuinely good language with solid features and a growing ecosystem,” says Rebecca Parsons, chief technology officer, ThoughtWorks.

ThoughtWorks Technology Radar is a bi-annual report that explores the technologies being used by our teams and our clients. It’s our opinion on the tools, techniques, platforms, and languages worth assessing, exploring, adopting and avoiding.

The four trends highlighted in this edition of the Radar are:

● The Shifting Shape of Data. Today’s enterprise data can take on staggering growth in volume, sources and formats. This challenges developers to identify the right tools and strategies to make the most of this data.

● Terraforming an Ecosystem. Much as the burgeoning ecosystem for Docker and Kubernetes confirmed their importance, we’re seeing a similar evolution in the Terraform landscape.

● Kotlin Klimbing. Kotlin resonates with developers. It keeps appearing across platforms and tools as a general- and special-purpose development language, and increasingly in our Radar.

● Leaking Encapsulation Boundaries. While adopting “everything as code”, we encourage teams to find appropriate encapsulation boundaries and keep business logic in places where developers can apply solid engineering practices.

Visit Thoughtworks.com/radar to explore the interactive version or download the PDF version

DeeMoney launches Inbound money transfer service in Thailand with Cambodian transfer & payment service wing

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http://www.nationmultimedia.com/detail/Corporate/30369286

  • from left to right) Aswin Phlaphongphanich, Chief Executive Officer of DeeMoney, Jojo Malolos, Chief Executive Officer of Wing (Cambodia) Limited Specialised Bank and Rasmegh Srisethi, Managing Director of DeeMoney.

DeeMoney launches Inbound money transfer service in Thailand with Cambodian transfer & payment service wing

Corporate May 13, 2019 14:28

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Thailand-based international money transfer service DeeMoney has announced inbound service to Thailand from Cambodia, according to its press release.

A sizeable population of expats and local business owners in Cambodia are now able to access money transfer services and send money to Thailand faster and without paying hefty fees. Thai nationals are among the top ten visitor arrivals to Cambodia with 382,317 recorded in 2018, according to the Thai Business Council in Cambodia.

The strategic partnership allows Wing customers in Cambodia to remit transfers using Wing Money app to Thailand with a limit of up to US $1,000 per transaction. Recipients may receive funds in cash from any of the DeeMoney’s four branches in Bangkok or direct bank deposits in local currency. DeeMoney offers local support for tracking transactions using Wing’s transaction ID code.

DeeMoney is the financial services platform of Sawasdeeshop.  It continues to successfully leverage its omni-channel presence to disrupt the remittance market. Its transparent business model provides an effective alternative for customers who have used traditional informal channels to transfer money.

“We are committed to leveraging cutting-edge technology to improve our customers’ financial transactions. Our Thai and Cambodian customers stand to gain through this partnership. With both cash payout and bank credit options available, we strive for financial inclusion in the market”, said Aswin Phlaphongphanich, CEO SawasdeeShop Co. Ltd.

Wing Chief Executive Officer, Jojo Malolos, said the launch of Inbound service from Cambodia marks another milestone in our partnership, and that it also shows how Wing customers can do so much more via the Wing Money app, connecting Cambodians to the world.

“Through the convenience of Wing Money app, locals as well as expats residing in Cambodia are able to remit to Thailand anytime and the recipient  can cash out at any DeeMoney branch  or  receive account credit at all banks in Thailand,” said Malolos.

The partnership represents two non-commercial bank entities joining hands to provide money transfer services to individuals and businesses in Cambodia. “With DeeMoney Wing customers can access cash out and account credit modes for money transfers,” Phlaphongphanich concluded. “Our API integration ability, competitive FX and fee structure makes us an ideal choice for anyone looking to remit funds to or from Thailand.”

Bangkok Airways organizes “Bangkok Airways Krabi Half Marathon”

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http://www.nationmultimedia.com/detail/Corporate/30369285

Bangkok Airways organizes “Bangkok Airways Krabi Half Marathon”

Corporate May 13, 2019 14:15

By The Nation

The first event out of Six Running Programs of the Bangkok Airways Boutique Series 2019

“Bangkok Airways Krabi Half Marathon” was recently organized to promote Krabi tourism and to ensure that participants recognize the importance of a healthy lifestyle.

The event was divided into three categories, fun run of 5 kilometers, mini marathon of 10 kilometers and half marathon of 21 kilometers.

All runners had an opportunity to experience the vibrant lifestyle of Krabi city and the natural beauty of the Paknam Krabi area. This year’s participants also experienced Bangkok Airways’ signature boutique touch from the collaboration with stupidnoobmacc, the renowned Thai illustrator behind “BabyBoy” who designed a special collection just for “Bangkok Airways Boutique Series 2019”.

The unique designs using highlights from each province as themes for BabyBoy are featured on the series’ shirts, medals and trophies of each destination.

Bangkok Airways Krabi Half-Marathon is the first event out of six planned programs of the Bangkok Airways Boutique Series 2019.

The remaining programs are the “Samui Half Marathon” on June 2, “Lampang Half Marathon” on July 7, “Phuket Half Marathon” on August 4, “Chiang Rai Marathon” on September 15, and “Lanna Half Marathon” on November 3.

The photo shows Bangkok Airways’s Nijjapat Piyapant, vice president – Ground Operations (Center) at the event.

The event was attended by Somkuan Khanngern, Krabi’s vice governor (7th from Left) and joined by more than 3,500 running enthusiasts from around the world.

THAI Smile joins hands with Mercedes-Benz (Taiwan)

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http://www.nationmultimedia.com/detail/Corporate/30369284

THAI Smile joins hands with Mercedes-Benz (Taiwan)

Corporate May 13, 2019 13:52

By The Nation

THAI Smile and Mercedes-Benz (Taiwan) join forces to provide Taipei – Phuket special charter flight service.

Recently, Charita Leelayudth, (centre), Acting Chief Executive Officer, THAI Smile Airways Co,.Ltd. and Lin Chia Ching, (4th from left), General Manager of Sales Marketing Department, Mercedes-Benz Taiwan, signed an MOU on cooperation for special charter flight service for Taipei – Phuket route.

THAI Smile is pleased that the Mercedes-Benz Taiwan’s management  have put their trust in THAI Smile’s full service and chosen to fly on the occasion that they take part in the annual golf tournament will be held in Phuket. The event recently held at Regent Hotel, Taiwan, was honoured by members of executive from both companies.

M Vision sees net profit, expected good financial results in 2019

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http://www.nationmultimedia.com/detail/Corporate/30369278

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M Vision sees net profit, expected good financial results in 2019

Corporate May 13, 2019 11:52

By The Nation

M Vision made a net profit of Bt3.89 million in the first quarter of this year, up 28.8 per cent from the same period of last year, the company reported on Monday.

The company also recorded total revenue of Bt98.4 million, an increase of 30.7 per cent from the same period in 2018.

M Vision expects its financial result this year to maintain growth and show a net profit at the end of this year, the company said.

At the end of year 2018, the company reported total revenue of Bt450.85 million and a net loss Bt50.46 million, according to the company’s submissions to the Stock Exchange of Thailand.

KTC releases figures for first quarter 2019

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http://www.nationmultimedia.com/detail/Corporate/30369275

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KTC releases figures for first quarter 2019

Breaking News May 13, 2019 11:03

By The Nation

KTC has announced a net profit of Bt1.58 billion in the first quarter of this year, up 31 per cent from the same period last year.

In its report on Monday, the company noted that overall business was as expected. The firm continues to move forward by constantly adjusting its marketing plan to handle evolving competition in order to achieve its credit card spending goal. It has developed its entire online system to cater to members’ needs and increased chances for new business practices to encourage constant growth and a sustainable society, the company’s president and chief executive officer Rathian Srimongkol said.

“In the first quarter of this year, we achieved a satisfactory expansion in our card membership base and maintained debt at the same level as last year. The firm earned more from interest and fees and is always making adjustments to its business process. This did not result in a large increase of operation expenses. Overall, receivables are of good quality and allowance and loan loss provisions have decreased,” he said.

As of March 31, the firm had a total asset value of Bt 76.174 billion, a 9-per-cent increase compared to the same period in 2018. The asset that generated the most income for the firm is in the form of net trade receivables, which comprise 92 per cent of total assets. Port of ending net account receivables with allowance for doubtful accounts totalled Bt75.209 billion, a 7 per cent increase from the same period last year. Total member accounts numbered 3.3 million or an 8.2-per-cent increase, comprising 2,348,990 credit cards, a 6.4-per-cent surge. Total credit card receivables totalled Bt48.413 billion. The ratio of credit card debtors compared to the current industry value was 12.5 per cent, having grown from the end of last year when it stood at 12.2 percent. KTC credit card spending totalled Bt49.091 billion, a 10.4 percent growth (8.6 per cent in the industry). Credit card spending market share was 11.2 per cent, the same level as at the end of 2018. NPL for credit cards was valued at 1.04 per cent, a drop from 1.14 per cent (2.02 per cent in the industry).

J Fintech makes major move into digital lending platform

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http://www.nationmultimedia.com/detail/Corporate/30369249

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J Fintech makes major move into digital lending platform

Corporate May 13, 2019 01:00

By JIRAPAN BOONNOON
THE NATION

J Fintech has teamed up with Humanica, Deepsparks and J Ventures to offer personal loans via a digital platform, chief executive officer Kitipat Chollavuth said, adding the company expects to offer Bt180 million to 15,000 borrowers by the end of this year.

Under the collaboration, Humanica will propose the new service to businesses and organisations while Deepsparks manages artificial intelligence and optical character recognition (OCR) technologies of the system to facilitate the input and evaluation of customers’ personal data.

J Ventires will handle software development and fintech application with an end-to-end solution.

Customers will be able to access the loan application process through a mobile app “Temjaipay”.

The app allows customers to input their personal information into the system, which will be evaluated using artificial intelligence (AI) technology.

The AI technology could help the company decide on a loan application in five minutes.

The service focuses on office workers, modern trade operators and employees of small and medium enterprise (SMEs).

“The digital lending platform is an alternative for those who prefer to make a loan application from their offices. Customers will pay an annual interest rate of 15 per cent on the loans,” said Kitipat.

Soontorn Dentham, chief executive officer at Humanica, a human resource service provider offering solutions to business and organisations, said the firm has 200,000 employees at more than 500 organisations on its client list.

The digital loan service not only allows an employee to receive a loan via the company he/she works for, it will also facilitate the deduction of monthly debt re-payment from their pays, he said.

The new service will be launched in June.