“The bank will have up to 226,142 kiosks nationwide to provide the service ,” the bank’s president and chief executive officer Chatchai Payahanaveechai said.

The bank expects its deposit to grow by six per cent or about Bt150 billion this year as a result of the additional channel, he said.

The competition aims to drive the development and adoption of cleaner, faster, and more technologically advanced electric engines that can be applied to urban air mobility vehicles and, eventually, commercial aircraft.

Air Race E will follow a format similar to the Air Race 1 series of the sport known as formula one air racing. Eight electric-powered aeroplanes will race directly against each other on a tight 5km circuit, 10 metres above the ground and at speeds faster than any land-based motorsport.

“We want to motivate manufacturers to showcase their technologies across the full spectrum of electric propulsion systems and components.” said Grazia Vittadini, chief technology officer at Airbus. “This partnership enables us to demonstrate our commitment to staying at the leading edge of electric propulsion and developing a new ecosystem.”

Air Race E CEO Jeff Zaltman said: “We couldn’t be happier or more optimistic for success with Airbus as our official founding partner. This partnership is a significant milestone in the evolution of electric power in aviation. Together, we’re working to create a mainstream platform in which innovation in electric propulsion can be developed, nurtured and accelerated more rapidly.”

Airbus will work alongside other Air Race E partners, including the University of Nottingham. The university is currently developing a prototype race aeroplane powered by an integrated electric motor, battery and power electronics system. The plane will help shape the model and rules for the inaugural Air Race E race in 2020.

To respond to their financial needs, the brand said it is offering high loan-to-value and longer instalment period of up to 84 months. By affirming its role as a source of fund with financial advice and privileges that will help boost business growth, Car4Cash said it aims to continuously maintain its brand position in automotive refinance.

Pornthep Tirasuntrakul, head of Krungsri Auto Marketing at the Bank of Ayudhya, said “Car4Cash remains the most preferred choice of customers looking for financial liquidity. In 2018, our key strategy was to expand the gen-Y customer base (aged between 25 and 39) through the introduction of its new brand role as an alternative source of fund for car owners who aspire to achieve goals in life. Young entrepreneurs were the first group we communicated with. This year, we are further reinforcing the concept of “Go Forward with Car4Cash” by tapping into another important Gen-Y segment: full-time employees with own businesses, which seek specific types of loan products that have not yet been directly provided by lenders in the market.”

SCG said revenue from its sales in Cambodia rose to US$396 million, a 15 per cent jump compared to sales revenue in 2017. The total sales revenue last year was contributed mostly from the firm’s main product, cement.

“SCG will continue to expand opportunities to export innovative products and services following up on the global market direction to meet the consumer needs,” SCG CEO Roongrote Rangsiyopash said.

SCG currently has six subsidiaries in Cambodia: Kampot Cement Co Ltd, SCG Concrete Roof (Cambodia) Co Ltd, CPAC Cambodia Co Ltd, CPAC Plank Cambodia Co Ltd, NAWA-CAM Co Ltd and SCG Trading Co Ltd.

Cambodia Constructors Association general manager Chiv Sivpheng said demand for construction materials has been increasing annually as the kingdom’s construction industry grows. With increasing population and urbanisation, Sivpheng said the construction industry is expected to continue expanding and benefit producers, while covering the country in concrete.

“The outlook for the Cambodian construction sector will remain good and will provide significant opportunities for producers to set up production or expand production lines to obtain advantages from the trend,” he said.

The telecoms firm said the move marks a strategic ambition to go beyond basic connectivity and expand its services.

The platform will launch in the second quarter with M Vision Public Company Limited, the organiser of the EV Expo and coordinator between EV importers and distributors, and FSMART, the provider of Boonterm kiosks, which will operate charging kiosks.

Alexandra Reich, Total Access Communication PLC CEO, said: “Air pollution must be addressed urgently, and everyone can be part of this sustainable, long-term solution by switching to electric cars and scooters.

“China has greatly reduced its urban air pollution thanks to the use of electric vehicles. EVs can also help transform Thailand’s automotive industry and invite new investments and technology to the industry for the environmental benefits of the country, according to the government’s strategic plan to promote the use of EVs and tax incentives for EV manufacturing in Thailand.”

Dtac’s EV connectivity platform connects scooters with a Dtac Sim to an app that allows users to pay for battery replacement costs through monthly bills, monitor the battery status and mileage and engage the anti-theft system and top speed limiter.

The app would also provide after-sales services and maintenance at preferential rates, Dtac said.

Through a Bt65 million marketing budget, the company aims to build brand awareness through media, in-store campaigns and 300 dealers before stepping up to the next level by promoting its products via modern trade channels in 2020.

Takeshi Uchishiba, director of Fujitsu General in Thailand, said that Fujitsu has a market share in Europe, Oceania, West Asia, Africa, North America and East Asia.

Takeshi said: “Being ranked among the top three leading air conditioner brands in Japan and as number one or two in the US, Australia and Europe, reflects on consumer recognition of Fujitsu’s product quality. For more than 30 years, Thailand has been a key export base for Fujitsu. In this year, the company is stepping up with a marketing approach to raise brand awareness in the Thai market.

“During the past two years, Fujitsu has been conducting marketing activities through electrical appliance stores, real estate projects, as well as 300 dealers across the country. The company aims to increase the number of dealers to 400 by the end of and this year and promote our products through modern trade channels including leading department stores in Thailand in 2020,” said Takeshi.

Sinamet Im-aim, general manager of Fujitsu in Thailand, said the residential air conditioner market in Thailand was valued about Bt22 billion, with 1.5 million machines sold in 2018. Fujitsu occupied 2 per cent of the market share with a total market value of Bt450 million. By adjusting the new marketing strategy, Fujitsu expects to see a 30 per cent growth in revenue or a target of Bt600 million.

To achieve our goal, the company allocates Bt65 million in marketing budgets for campaigns.

Fujitsu produces air conditioners for residential and light commercial use. There are six series with 29 models capacity range from Bt9,000 to Bt54,000.

The company said in a press release issued on Thursday that profit after tax increased by 22 per cent to CHF260.3 million.

The operating profit of CHF263.6 million was below last year (excluding one-time effects the operating profit of CHF284.3 million was 4.3 per cent below prior year).

In line with the progressive dividend policy the Board of Directors will propose a higher ordinary dividend of CHF1.85 per share (+12.1 per cent) to the Ordinary General Meeting on March 21, 2019.

Stefan P. Butz, CEO, DKSH said: “The three Business Units Healthcare, Performance Materials and Technology reported increased results. With the divestment of the Healthcare business in China, we realised a sizeable profit. However, in a challenging market environment, performance in Business Unit Consumer Goods was significantly below last year.

“Therefore, we have started to restructure the business. This will impact the first half of 2019, though we are confident that results for the Business Unit will be better than in 2018 due to the started measures. For 2019, we expect a higher operating result for the DKSH Group.”

DKSH announced two acquisitions in growing and highly profitable business segments during 2018. In June, DKSH acquired Davies Foods’ beverage business in New Zealand and in December, DKSH signed an agreement to acquire Auric Pacific’s distribution business in Singapore and Malaysia.